Common use of Holder Optional Conversion Clause in Contracts

Holder Optional Conversion. Each Holder shall have the right, at such Holder’s option, to convert all or any portion of such Holder’s shares of Series D Preferred Stock at any time into shares of Common Stock as set forth in Section 8(b) and Section 9 below.

Appears in 1 contract

Sources: Securities Purchase Agreement (Giga Tronics Inc)

Holder Optional Conversion. Each Holder shall have the right, at such Holder’s option, to convert all or any portion of such Holder’s shares of Series D B Preferred Stock at any time into shares of Common Stock as set forth in Section 8(b) and Section 9 below.

Appears in 1 contract

Sources: Securities Purchase Agreement (Giga Tronics Inc)

Holder Optional Conversion. Each Holder shall have the right, at such Holder’s option, to convert all or any portion of such Holder’s shares of Series D C Preferred Stock at any time into shares of Common Stock as set forth in Section 8(b) and Section 9 below.

Appears in 1 contract

Sources: Securities Purchase Agreement (Giga Tronics Inc)