Conversion of CapSource Notes Sample Clauses

Conversion of CapSource Notes. Prior to the Closing, CapSource Fund, L.P. and CapSource 2000 Fund, L.P. (collectively, "CapSource") shall have agreed to convert the indebtedness of Uni-Pixel to CapSource, as represented by those certain promissory notes described in Exhibit D attached hereto (the "Notes") to shares of the Company's equity securities to be sold pursuant to the Private Placement, and in connection therewith CapSource shall have agreed to return the Notes to Uni-Pixel for cancellation. Pursuant to the terms of the conversion and simultaneous with the Closing, the Company shall issue to CapSource Five Hundred Thirteen Thousand Two Hundred Eighty-Six (513,286) shares of the Company's equity securities to be sold pursuant to the Private Placement (the "Note Conversion Transaction").