Convertible Preferred Stock Agreement Sample Contracts

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Convertible Preferred Stock Agreement • June 8th, 2021

and 110%, plus an amount equal to any accrued and unpaid dividends. The Investor Exchange Right may be exercised unless the Company redeems all of the outstanding Convertible Preferred Stock at a redemption price, if such redemption occurs after the Company receives a notice of intent to exercise the Investor Exchange Right, equal to the product of the aggregate liquidation preference of the Convertible Preferred Stock then outstanding and 110%, plus accrued and unpaid dividends. Upon completion of the Investor Exchange Right, subsidiaries of the Company, as the applicable tenant, will enter into a master lease agreement with the RE Investor or designated affiliate as the landlord, solely with respect to the real estate properties that have been transferred directly or indirectly to the RE Investor, substantially the same as the current master lease agreements between the Company's consolidated real estate subsidiaries and the Company's consolidated operating subsidiaries.

Attention:
Convertible Preferred Stock Agreement • May 7th, 2008 • Tri-Isthmus Group, Inc. • Services-general medical & surgical hospitals, nec

This letter agreement (this “Agreement”) will memorialize our agreement pursuant to which Tri-Isthmus Group, Inc. (“TI Group”) will provide with shares of its Series 6-A Convertible Preferred Stock, par value $0.01 per share (the “Shares”) in complete satisfaction of that certain convertible promissory note dated as of October 29, 2007 (the “Note”) between TIGroup, Surgical Center Acquisition Holdings, Inc., Del Mar Acquisition, Inc., Del Mar GenPar, Inc., Point Loma Acquisition, Inc., and Point Loma GenPar, Inc., as makers (the “Makers”), and , as holder. acknowledges and agrees that the Shares constitute payment in full of the Note and hereby releases the property of the Makers from all liens or encumbrances held by related to the Note, without regard to how they were created or evidenced.

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