Common use of Restricted Share Conversion Schedule Clause in Contracts

Restricted Share Conversion Schedule. Vested Preferred shares may convert and then shall be exercisable for conversion to Common Stock, all or in part or none, at the option of the Holder only after the closing of the new management contracts, the following schedule: a)45,460 shares – 12 months from date of closing.

Restricted Share Conversion Schedule. Vested Preferred shares may convert and then shall be exercisable for conversion to Common Stock, all or in part or none, at the option of the Holder only after the closing of the new management contracts, the following schedule: a)45,460 shares – 12 months from date of closing.:

Restricted Share Conversion Schedule. Vested Preferred shares may convert and then shall be exercisable for conversion to Common Stock, all or in part or none, at the option of the Holder only after the closing of the new management contracts, billing contracts and IT transfer and the final tranche is earned according the following schedule: a)45,460 shares a) 500,000 – 12 months from date of closing.