Common use of Non Preference Clause in Contracts

Non Preference. Per Share Exchange Ratio” shall be equal to the quotient obtained by dividing (x) the Total Series A-2 Non-Preference Shares by (y) the sum of (A) the total number of Company Common Shares issued immediately prior to the Closing plus (B) the total number of Company Preferred Shares issued immediately prior to the Closing.

Non Preference. Per Share Exchange Ratio” shall be equal to the quotient obtained by dividing (x) the Total Series A-2 Non-Preference B-2 Shares by (y) the sum of (A) the total number of Company Common Shares issued immediately prior to the Closing plus (B) the total number of Company Preferred Shares issued immediately prior to the Closing.

Non Preference. Per Share Exchange Ratio” shall be equal to the quotient obtained by dividing (x) the Total Series A-2 Non-Preference B-1 Shares by (y) the sum of (A) the total number of Company Common Shares issued immediately prior to the Closing plus (B) the total number of Company Preferred Shares issued immediately prior to the Closing.