Common use of Election to Convert Clause in Contracts

Election to Convert. (a) Holder hereby elects to convert the debt owed by GWSO in the amount of $350,095 into 155,885 shares of Common Stock.

Election to Convert. (a) Holder hereby elects to convert the debt owed by GWSO in the amount of $350,095 116,900 into 155,885 50,606 shares of Common Stock.

Election to Convert. (a) Holder hereby elects to convert the debt owed by GWSO in the amount of $350,095 55,208 into 155,885 23,899 shares of Common Stock.