Common use of Holders Conversion Rights Clause in Contracts

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Borrower’s Common Stock, par value US$0.001 per share (the “Common Stock”) and at a conversion price of US$0.20 per share (“Conversion Price”) subject to the terms and conditions set forth herein. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur.

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert at any time all or any portion of the then aggregate outstanding principal amount of this Note, together with accrued interest and fees due hereonthereon, into shares of Borrower’s Common Stock, par value US$0.001 per share (Stock at the “Common Stock”) and at a conversion price of US$0.20 per share (“Conversion Price”) , subject to the terms and conditions set forth hereinin this Article II. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one ten (110) day days prior to the date upon which such conversion shall occur. The date upon which such conversion shall occur is referred to as the “Conversion Date.”

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Borrower’s Common Stock, par value US$$0.001 per share (the “Common Stock”) and at a conversion price of US$$0.20 per share (“Conversion Price”) subject to the terms and conditions set forth herein. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur.

Holders Conversion Rights. The Holder shall have the right, but not the obligation, to convert all or any portion of the then aggregate outstanding principal amount of this Note, together with interest and fees due hereon, into shares of Borrower’s Common Stock, par value US$$0.001 per share (the “Common Stock”) and at a conversion price of US$0.20 $0.10 per share (“Conversion Price”) subject to the terms and conditions set forth herein. The Holder may exercise such right by delivery to the Borrower of a written notice of conversion not less than one (1) day prior to the date upon which such conversion shall occur.