Common use of Treatment of Convertible Securities Clause in Contracts

Treatment of Convertible Securities. If any Stockholder shall convert or exchange Convertible Securities in any Recapitalization Transaction pursuant to this Section 4.4, such Stockholder shall receive in exchange for such Convertible Securities, options, warrants or other convertible securities, as the case may be, with substantially similar vesting and other terms (including with respect to the spread between the fair market value of the relevant security and the exercise price to purchase such security) as the Convertible Securities being exchanged or converted, and that are exercisable or convertible for securities of the same nature as are being issued to the Stockholders in the Recapitalization Transaction in exchange for the Shares with respect to which the Convertible Securities in question were initially exercisable for, or convertible into.

Treatment of Convertible Securities. If any Stockholder shall exchange, convert or exchange Transfer Convertible Securities in any Recapitalization Transaction pursuant to this Section 4.44.3 in which such Stockholder participates, then such Stockholder shall receive in exchange for such Convertible Securities, options, warrants or other convertible securities, as the case may be, with substantively identical and otherwise substantially similar vesting and other terms (including with respect to the spread between the fair market value of the relevant security and the exercise price to purchase such security) as the Convertible Securities being exchanged exchanged, converted or convertedTransferred, and that which are exercisable for or convertible for into securities of the same nature as are those being issued to the Stockholders in the Recapitalization Transaction in exchange for the Shares with respect to for or into which the Convertible Securities in question being exchanged were initially exercisable for, or convertible intoconvertible.

Treatment of Convertible Securities. If any Stockholder shall exchange, convert or exchange Transfer Convertible Securities in any Recapitalization Transaction pursuant to this Section 4.44.3, such Stockholder shall receive in exchange for such Convertible Securities, options, warrants or other convertible securities, as the case may be, with substantially similar vesting and other terms (including with respect to the spread between the fair market value of the relevant security and the exercise price to purchase such security) as the Convertible Securities being exchanged exchanged, converted or convertedTransferred, and that which are exercisable or convertible for securities of the same nature as are being issued to the Stockholders in the Recapitalization Transaction in exchange for the Shares with respect to which the Convertible Securities in question were initially exercisable for, or convertible into.