Common use of Authorized Stock Clause in Contracts

Authorized Stock. There are authorized for issuance 50,000,000 shares of common stock, par value $0.0001 (the “Common Stock”) and 22,506,585 shares of preferred stock, par value $0.0001 (the “Preferred Stock”), of which 5,000,000 shares are designated as Series A Convertible Preferred Stock (“Series A Preferred Stock”), 5,673,252 shares are designated as Series B Senior Convertible Preferred Stock (“Series B Preferred Stock”), 8,500,000 shares are designated as Series C Senior Convertible Preferred Stock (“Series C Preferred Stock”), and 3,333,333 shares are designated as Series C-1 Preferred Stock (“Series C-1 Preferred Stock”). Immediately prior to the Closing, the outstanding stock of the Company consists of the following:

Authorized Stock. There are authorized for issuance 50,000,000 (i) 80,000,000 shares of common stockCommon Stock, $0.0001 par value $0.0001 per share (the “Common Stock”), and (ii) and 22,506,585 49,673,250 shares of preferred stockPreferred Stock, $0.0001 par value $0.0001 per share (the “Preferred Stock”), of which 5,000,000 shares are designated as Series A Convertible Preferred Stock (“Series A Preferred Stock”), 5,673,252 shares are designated as Series B Senior Convertible Preferred Stock (“Series B Preferred Stock”), 8,500,000 shares are designated as Series C Senior Convertible Preferred Stock (“Series C Preferred Stock”), and 3,333,333 30,499,998 shares are designated as Series C-1 D Preferred Stock (“Series C-1 D Preferred Stock”). Immediately prior to the Closing, the outstanding stock of the Company consists of the following:

Authorized Stock. There are authorized for issuance 50,000,000 (i) 80,000,000 shares of common stockCommon Stock, $0.0001 par value $0.0001 per share (the “Common Stock”), and (ii) and 22,506,585 49,173,252 shares of preferred stockPreferred Stock, $0.0001 par value $0.0001 per share (the “Preferred Stock”), of which 5,000,000 shares are designated as Series A Convertible Preferred Stock (“Series A Preferred Stock”), 5,673,252 shares are designated as Series B Senior Convertible Preferred Stock (“Series B Preferred Stock”), 8,500,000 shares are designated as Series C Senior Convertible Preferred Stock (“Series C Preferred Stock”), and 3,333,333 30,000,000 shares are designated as Series C-1 D Preferred Stock (“Series C-1 D Preferred Stock”). Immediately prior to the Closing, the outstanding stock of the Company consists of the following:

Authorized Stock. There As of October 15, 2007, there are authorized for issuance 50,000,000 40,000,000 shares of common stock, par value $0.0001 (the “Common Stock”) and 22,506,585 19,173,252 shares of preferred stock, par value $0.0001 (the “Preferred Stock”), of which 5,000,000 shares are designated as Series A Convertible Preferred Stock (“Series A Preferred Stock”), 5,673,252 shares are designated as Series B Senior Convertible Preferred Stock (“Series B Preferred Stock”), and 8,500,000 shares are designated as Series C Senior Convertible Preferred Stock (“Series C Preferred Stock”). As of October 15, and 3,333,333 shares are designated as Series C-1 Preferred Stock (“Series C-1 Preferred Stock”). Immediately prior to the Closing2007, the outstanding stock of the Company consists of the following:

Authorized Stock. There are authorized for issuance 50,000,000 40,000,000 shares of common stock, par value $0.0001 (the “Common Stock”) and 22,506,585 20,284,364 shares of preferred stock, par value $0.0001 (the “Preferred Stock”), of which 5,000,000 shares are designated as Series A Convertible Preferred Stock (“Series A Preferred Stock”), 5,673,252 shares are designated as Series B Senior Convertible Preferred Stock (“Series B Preferred Stock”), 8,500,000 shares are designated as Series C Senior Convertible Preferred Stock (“Series C Preferred Stock”), and 3,333,333 2,222,223 shares are designated as Series C-1 Preferred Stock (“Series C-1 Preferred Stock”). Immediately prior to the Closing, the outstanding stock of the Company consists of the following:

Authorized Stock. There As of June 3, 2008, there are authorized for issuance 50,000,000 40,000,000 shares of common stock, par value $0.0001 (the “Common Stock”) and 22,506,585 19,173,252 shares of preferred stock, par value $0.0001 (the “Preferred Stock”), of which 5,000,000 shares are designated as Series A Convertible Preferred Stock (“Series A Preferred Stock”), 5,673,252 shares are designated as Series B Senior Convertible Preferred Stock (“Series B Preferred Stock”), and 8,500,000 shares are designated as Series C Senior Convertible Preferred Stock (“Series C Preferred Stock”). As of June 3, and 3,333,333 shares are designated as Series C-1 Preferred Stock (“Series C-1 Preferred Stock”). Immediately prior to the Closing2008, the outstanding stock of the Company consists of the following:

Authorized Stock. There are authorized for issuance 50,000,000 40,000,000 shares of common stock, par value $0.0001 (the “Common Stock”) and 22,506,585 20,284,364 shares of preferred stock, par value $0.0001 (the “Preferred Stock”), of which 5,000,000 shares are designated as Series A Convertible Preferred Stock (“Series A Preferred Stock”), 5,673,252 shares are designated as Series B Senior Convertible Preferred Stock (“Series B Preferred Stock”), 8,500,000 shares are designated as Series C Senior Convertible Preferred Stock (“Series C Preferred Stock”), ) and 3,333,333 1,111,112 shares are designated as Series C-1 Preferred Stock (“Series C-1 Preferred Stock”). Immediately prior to the Closing, the outstanding stock of the Company consists of the following: