Common use of Reserved Amount Clause in Contracts

Reserved Amount. The Corporation shall reserve 2,500,000 authorized and unissued shares of Common Stock for issuance upon conversion of this Note pursuant to Article III.A hereof, and thereafter the number of authorized but unissued shares of Common Stock so reserved shall not be decreased and shall at all times be sufficient to provide for the conversion of this Note pursuant to Article III.A hereof at the then current Conversion Price (the number of shares of Common Stock so reserved pursuant to this Article IV.A being referred to herein as the “Reserved Amount”).

Reserved Amount. The Corporation shall reserve 2,500,000 authorized and unissued shares of Common Stock for issuance upon conversion of this Note pursuant to Article III.A hereof, and thereafter the number of authorized but unissued shares of Common Stock so reserved shall not be decreased and shall at all times be sufficient to provide for the conversion of this Note pursuant to Article III.A hereof at the then current Conversion Price (the number of shares of Common Stock so reserved pursuant to this Article IV.A being referred to herein as the “"Reserved Amount”").