Common use of Junior Participating Preferred Stock Clause in Contracts

Junior Participating Preferred Stock. I. Designation and Amount The shares of such series will be designated as Series A Junior Participating Preferred Stock (the "SERIES A PREFERRED") and the number of shares constituting the Series A Preferred is ________. Such number of shares may be increased or decreased by resolution of the Board of Directors; provided, however, that no decrease will reduce the number of shares of Series A Preferred 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 Corporation convertible into Series A Preferred.

Junior Participating Preferred Stock. I. Designation and Amount Amount. The shares of such series will shall be designated as "Series A Junior Participating Preferred Stock Stock" (the "SERIES Series A PREFERREDPreferred Stock") and the number of shares constituting the Series A Preferred is ________such series shall be 25,000. Such number of shares may be increased or decreased by resolution of the Board of Directors; , provided, however, that no decrease will shall reduce the number of shares of Series A Preferred Stock to a number less than that of 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 Corporation convertible into Series A PreferredPreferred Stock.

Junior Participating Preferred Stock. I. Designation and Amount Amount. The shares of such series will shall be designated as "Series A B Junior Participating Preferred Stock Stock" (the "SERIES A PREFERREDSeries B Preferred Stock") and the number of shares constituting the Series A Preferred is ________such series shall be 25,000. Such number of shares may be increased or decreased by resolution of the Board of Directors; , provided, however, that no decrease will shall reduce the number of shares of Series A B Preferred Stock to a number less than that of 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 Corporation convertible into Series A PreferredB Preferred Stock.

Junior Participating Preferred Stock. I. Designation and Amount Amount. The shares of such series will shall be designated as “Series A Junior Participating Preferred Stock Stock” (the "SERIES “Series A PREFERRED"Preferred Stock”) and the number of shares constituting the Series A Preferred is ________such series shall be 300,000. Such number of shares may be increased or decreased by resolution of the Board of Directors; , provided, however, that no decrease will shall reduce the number of shares of Series A Preferred Stock to a number less than that of 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 Corporation convertible into Series A PreferredPreferred Stock.

Junior Participating Preferred Stock. I. Designation and Amount Amount. The shares of such series will shall be designated as “Series A C Junior Participating Preferred Stock Stock” (the "SERIES A PREFERRED"“Series C Preferred Stock”) and the number of shares constituting the Series A Preferred is ________such series shall be 50,000. Such number of shares may be increased or decreased by resolution of the Board of Directors; , provided, however, that no decrease will shall reduce the number of shares of Series A C Preferred Stock to a number less than that of 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 Corporation convertible into Series A PreferredC Preferred Stock.

Junior Participating Preferred Stock. I. Designation and Amount Amount. The shares of such series will shall be designated as "Series A Junior Participating Preferred Stock Stock" (the "SERIES Series A PREFERREDPreferred Stock") and the number of shares constituting the Series A Preferred is ________Stock shall be 67,000. Such number of shares may be increased or decreased by resolution of the Board of Directors; provided, however, that no decrease will shall reduce the number of shares of Series A 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 Corporation convertible into Series A PreferredPreferred Stock.