Common use of Conversion Procedure and Payment Clause in Contracts

Conversion Procedure and Payment. Upon Conversion 67 Section 11.03. Cash in Lieu of Fractional Shares 69 Section 11.04. Taxes on Conversion 69 Section 11.05. Company to Reserve, Provide and List Common Stock 69 Section 11.06. Adjustment of Conversion Rate 70 Section 11.07. No Adjustment 71 Section 11.08. Adjustments for Tax Purposes 71 Section 11.09. Notice of Adjustment 71 Section 11.10. Notice of Certain Transactions 71 Section 11.11. Effect of Reclassifications, Consolidations, Mergers, Binding Share Exchanges or Sales on Conversion Privilege 71 Section 11.12. Notice to Holders 73 Section 11.13. Trustee’s Disclaimer 73

Conversion Procedure and Payment. Upon Conversion 67 Section 11.03. Cash in Lieu of Fractional Shares 69 Section 11.04. Taxes on Conversion 69 Section 11.05. Company to Reserve, Provide and List Common Stock 69 Section 11.06. Adjustment of Conversion Rate 70 69 Section 11.07. No Adjustment 71 Section 11.08. Adjustments for Tax Purposes 71 Section 11.09. Notice of Adjustment 71 Section 11.10. Notice of Certain Transactions 71 Section 11.11. Effect of Reclassifications, Consolidations, Mergers, Binding Share Exchanges or Sales on Conversion Privilege 71 Section 11.12. Notice to Holders 73 Section 11.13. Trustee’s Disclaimer 73