Common use of Mechanics and Effect of Conversion Clause in Contracts

Mechanics and Effect of Conversion. No fractional shares of the Company’s Conversion Shares shall be issued upon conversion or maturity of this Note. In lieu of the Company issuing any fractional shares to the Holder upon the conversion, the Company shall pay to the Holder the amount of outstanding principal that is not so converted in cash. The Holder shall surrender this Note, duly endorsed, at the principal office of the Company after full conversion of this Note. Upon full conversion of this Note, the Company shall be forever released from all its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares of capital stock of the Company’s Conversion Shares Company shall be issued upon conversion or maturity of this Note. In Upon the conversion of all of theprincipal and accrued interest outstanding under this Note, in lieu of the Company issuing any fractional shares to the Holder upon the conversionHolder, the Company shall pay to the Holder the amount of outstanding principal and accrued interest that is not so converted in cash. The Holder shall surrender this Note, duly endorsed, at the principal office of the Company after full conversion of this Noteconverted. Upon full conversion of this Note, the Company theCompany shall be forever released from all its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares of the Company’s Conversion Shares shall be issued upon conversion or maturity of this Note. In lieu of the Company issuing any fractional shares to the Holder upon the conversionconversion of this Note, the Company shall pay to the Holder the amount of outstanding principal that is not so converted converted, such payment to be made in cash. The Holder shall surrender this Note, duly endorsed, at the principal office of the Company after full conversion of this Note. Upon full conversion of this Note, the Company shall be forever released from all its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares of the Company’s Conversion Shares shall be issued upon conversion or maturity of this Note. In lieu of the Company issuing any fractional shares to the Holder Purchaser upon the conversionconversion of this Note, the Company shall pay to the Holder Purchaser the amount of outstanding principal or interest that is not so converted converted, such payment to be in cashcash as provided below. The Holder shall surrender this Note, duly endorsed, at the principal office of the Company after full Upon conversion of all principal of and accrued interest on this Note. Upon full conversion Note and/or payment of this Noteall principal and accrued interest, the Company shall be forever released from all its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares of the Company’s Conversion Shares capital stock shall be issued upon conversion or maturity of this Note. In Upon the conversion of all of the principal and accrued interest outstanding under this Note, in lieu of the Company issuing any fractional shares to the Holder upon the conversionHolder, the Company shall pay to the Holder the amount of outstanding principal that is not so converted in cash. The Holder shall surrender this Note, duly endorsed, at the principal office of the Company after full conversion of this Noteconverted. Upon full conversion of this Note, the Company shall be forever released from all its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares of the Company’s Conversion Shares Ordinary Share shall be issued upon conversion or maturity of this Note. In lieu of the Company issuing any fractional shares to the Holder upon the conversionconversion of this Note, the Company shall pay to the Holder the amount of outstanding principal and interest that is not so converted in cashconverted. The Holder shall surrender this Note, duly endorsed, at the principal office of the Company after full Upon conversion of this Note. Upon full conversion of all amounts due under this Note, the Company shall be forever released from all of its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares of the Company’s Conversion Shares Common or Preferred Stock shall be issued upon conversion or maturity of this Note. In Upon the conversion of all of the principal and accrued interest outstanding under this Note, in lieu of the Company issuing any fractional shares to the Holder upon the conversionHolder, the Company shall pay to the Holder the amount of outstanding principal that is not so converted in cash. The Holder shall surrender this Note, duly endorsed, at the principal office of the Company after full conversion of this Noteconverted. Upon full conversion of this Note, the Company shall be forever released from all its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares of the Company’s Conversion Shares shall be issued upon conversion or maturity of this Note. In lieu of the Company issuing any fractional shares to the Holder upon the conversionconversion of this Note, the Company shall pay to the Holder the amount of outstanding principal and interest that is not so converted in cashconverted. The Holder shall surrender this Note, duly endorsed, at the principal office Upon conversion of the Company after full conversion entire outstanding principal amount of this Note. Upon full conversion and payment in cash of all accrued but unpaid interest on this Note, the Company shall be forever released from all its obligations and liabilities under this Note.

Mechanics and Effect of Conversion. No fractional shares of the Company’s Conversion Shares shall be issued upon conversion or maturity of this Note. In lieu of the Company issuing any fractional shares to the Holder upon the conversionconversion of this Note, the Company shall pay to the Holder the amount of outstanding principal and interest that is not so converted in cashconverted. The Holder shall surrender this Note, duly endorsed, at the principal office Upon conversion of the Company after full conversion entire outstanding principal amount of this Note. Upon full conversion of and all accrued interest on this Note, the Company shall be forever released from all its obligations and liabilities under this Note.