Common use of Designation, Amount and Par Value Clause in Contracts

Designation, Amount and Par Value. The series of Preferred Stock shall be designated as "Series B Participating Preferred Stock" (the "Series B Preferred Stock"), and the number of shares so designated shall be 1,800,000. The Series B Preferred Stock shall have a par value of $1.00 per share. Such number of shares may be increased or decreased by resolution of the Board; provided, that no decrease shall reduce the number of shares of Series B Preferred Stock to a number less than the number of shares then outstanding plus the number of shares reserved for issuance upon the exercise of outstanding options, rights or warrants or upon the conversion of any outstanding securities issued by the Company convertible into Series B Preferred Stock.

Designation, Amount and Par Value. The series of Preferred Stock shall be designated as "Series B Participating Preferred Stock" (the "Series B Preferred Stock"), and the number of shares so designated shall be 1,800,000. The Series B Preferred Stock shall have a par value of $1.00 .001 per share. Such number of shares may be increased or decreased by resolution of the Board; provided, that no decrease shall reduce the number of shares of Series B Preferred Stock to a number less than the number of shares then outstanding plus the number of shares reserved for issuance upon the exercise of outstanding options, rights or warrants or upon the conversion of any outstanding securities issued by the Company convertible into Series B Preferred Stock.

Designation, Amount and Par Value. The series of Preferred Preference Stock shall be designated as "Series B Participating Preferred A Preference Stock" (the "Series B Preferred A Preference Stock"), and the number of shares so designated shall be 1,800,000100,000. The Series B Preferred Stock shall have a par value of each share of Preference Stock shall be $1.00 per share1.00. Such number of shares may be increased or decreased by resolution of the BoardBoard of Directors; provided, that no decrease shall reduce the number of shares of Series B Preferred A Preference Stock to a number less than the number of shares then outstanding plus the number of shares reserved for issuance upon the exercise of outstanding options, rights or warrants or upon the conversion of any outstanding securities issued by the Company Corporation convertible into Series B Preferred A Preference Stock.

Designation, Amount and Par Value. The series of Preferred Preference Stock shall be designated as "Series B D Participating Preferred Preference Stock" (the "Series B Preferred D Preference Stock"), and the number of shares so designated shall be 1,800,000750,000. The Series B par value of each share of Preferred Stock shall have a par value of be $1.00 per share.001. Such number of shares may be increased or decreased by resolution of the BoardBoard of Directors; provided, that no decrease shall reduce the number of shares of Series B Preferred D Preference Stock to a number less than the number of shares then outstanding plus the number of shares reserved for issuance upon the exercise of outstanding options, rights or warrants or upon the conversion of any outstanding securities issued by the Company Corporation convertible into Series B Preferred D Preference Stock.

Designation, Amount and Par Value. The series of Preferred Preference Stock shall be designated as "Series B Participating Preferred A Preference Stock" (the "Series B Preferred A Preference Stock"), and the number of shares so designated shall be 1,800,000100,000. The Series B Preferred Stock shall have a par value of each share of Preference Stock shall be $1.00 per share.01. Such number of shares may be increased or decreased by resolution of the BoardBoard of Directors; provided, that no decrease shall reduce the number of shares of Series B Preferred A Preference Stock to a number less than the number of shares then outstanding plus the number of shares reserved for issuance upon the exercise of outstanding options, rights or warrants or upon the conversion of any outstanding securities issued by the Company Corporation convertible into Series B Preferred A Preference Stock.

Designation, Amount and Par Value. The series of Preferred Preference Stock shall be designated as "Series B Participating Preferred Stock" (the "“Series B Preferred Stock"” (the “Series B Preference Stock”), and the number of shares so designated shall be 1,800,000261,853. The Series B Preferred Preference Stock shall have a be par value of $1.00 0.0001 per share. Such number of shares may be increased or decreased by resolution of the BoardBoard of Directors; provided, that no decrease shall reduce the number of shares of Series B Preferred Preference Stock to a number less than the number of shares then outstanding plus the number of shares reserved for issuance upon the exercise of outstanding options, rights or warrants or upon the conversion of any outstanding securities issued by the Company Corporation convertible into Series B Preferred Preference Stock.

Designation, Amount and Par Value. The series of Preferred Preference Stock shall be designated as "Series B A Participating Preferred Preference Stock" (the "Series B Preferred A Preference Stock"), and the number of shares so designated shall be 1,800,0001,000,000. The Series B par value of each share of Preferred Stock shall have a par value of be $1.00 per share.01. Such number of shares may be increased or decreased by resolution of the BoardBoard of Directors; provided, that no decrease shall reduce the number of shares of Series B Preferred A Preference Stock to a number less than the number of shares then outstanding plus the number of shares reserved for issuance upon the exercise of outstanding options, rights or warrants or upon the conversion of any outstanding securities issued by the Company Corporation convertible into Series B Preferred A Preference Stock.

Designation, Amount and Par Value. The series of Preferred Preference Stock shall be designated as "Series B D Participating Preferred Preference Stock" (the "Series B Preferred D Preference Stock"), and the number of shares so designated shall be 1,800,000350,000. The Series B par value of each share of Preferred Stock shall have a par value of be $1.00 per share1.00. Such number of shares may be increased or decreased by resolution of the BoardBoard of Directors; provided, that no decrease shall reduce the number of shares of Series B Preferred D Preference Stock to a number less than the number of shares then outstanding plus the number of shares reserved for issuance upon the exercise of outstanding options, rights or warrants or upon the conversion of any outstanding securities issued by the Company Corporation convertible into Series B Preferred D Preference Stock.