Common use of Note Conversion Price Clause in Contracts

Note Conversion Price. On any Voluntary Conversion Date, the Note is convertible into shares of the Company’s common stock (the “Voluntary Conversion Shares”) at a conversion price equal to a twenty five percent (25%) discount to the average closing price (ACP) of the Company’s common stock for the trailing fifteen (15) days immediately prior to the Voluntary Conversion Date (the “Voluntary Conversion Price”).

Note Conversion Price. On any Voluntary Involuntary Conversion Date, the Note is convertible into shares of the Company’s common stock (the “Voluntary Involuntary Conversion Shares”) at a conversion price equal to a twenty five percent (25%) discount to the average closing price (ACP) of the Company’s common stock for the trailing fifteen (15) days immediately prior to the Voluntary Conversion Date (the “Voluntary Involuntary Conversion Price”).