Common use of Status of Converted Stock Clause in Contracts

Status of Converted Stock. In the event any shares of Series B Preferred Stock, Series C Preferred or Series M Preferred Stock shall be converted pursuant to Section C.3 of this Article V., the shares so converted shall be canceled and shall not be issuable by the corporation. This Certificate of Incorporation shall be appropriately amended to effect the corresponding reduction in the corporation's authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock, Series C Preferred Stock or Series M Preferred Stock shall be converted pursuant to Section C.3 of this Article V.3 hereof, the shares so converted shall be canceled cancelled and shall not be issuable by the corporation. This The Certificate of Incorporation of this corporation shall be appropriately amended to effect the corresponding reduction in the corporation's authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock, Series C Preferred or Series M A Preferred Stock shall be converted pursuant to Section C.3 of this Article V.3 hereof, the shares so converted shall be canceled and shall not be issuable by this corporation; and the corporation. This Certificate of Incorporation of this corporation shall be appropriately amended to effect the corresponding reduction in the this corporation's ’s authorized capital stock.

Status of Converted Stock. In the event any shares of the Series B Preferred Stock, Series C Preferred or Series M Preferred Stock shall be converted pursuant to Section C.3 of this Article V.3 above, the shares so converted shall be canceled cancelled and shall not be issuable by revert to the corporation. This Certificate of Incorporation shall be appropriately amended to effect the corresponding reduction in the corporationCorporation's authorized capital stockbut unissued Preferred Stock.

Status of Converted Stock. In the event case any shares of Series A -------------------------- Preferred, Series B Preferred Stock, or Series C Preferred or Series M Preferred Stock shall be converted pursuant to Section C.3 3 hereof, all certificates of this Article V., the shares so converted shall be appropriately canceled on the books of the Corporation and the shares so converted shall not be issuable reissued by the corporation. This Certificate of Incorporation shall be appropriately amended to effect the corresponding reduction in the corporation's authorized capital stockCorporation.

Status of Converted Stock. In the event any shares of Series B Preferred Stock, Series C Preferred or Series M A Preferred Stock shall be converted pursuant to Section C.3 of this Article V.IV.B.4, the shares so converted shall be canceled cancelled and shall not be issuable by the corporationthis Corporation. This Certificate of Incorporation shall be appropriately amended to effect the corresponding reduction in the corporation's this Corporation’s authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock, Series C Preferred or Series M Preferred Stock shall be converted pursuant to Section C.3 of this Article V.4 hereof, the shares so converted shall be canceled cancelled and shall not be issuable by the corporationCorporation, and any declared but unpaid dividends (whether or not declared) with respect to such converted shares shall be cancelled. This The Certificate of Incorporation shall of the Corporation may be appropriately amended from time to time to effect the corresponding reduction in the corporationCorporation's authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock, Series C Preferred or Series M any series of Preferred Stock shall be are converted pursuant to Section C.3 of this Article V.4.3, the Corporation shall never again issue the shares so converted shall and all such shares so converted shall, upon such conversion, cease to be canceled and shall not be issuable by a part of the corporationCorporation's authorized stock. This The Corporation's Certificate of Incorporation shall be appropriately amended to effect the corresponding reduction in the corporationCorporation's authorized capital stock.

Status of Converted Stock. In the event case any shares of Series B A -------------------------- Preferred Stock, Series C B Preferred Stock or Series M C Preferred Stock shall be converted pursuant to Section C.3 3 hereof, all certificates of this Article V., the shares so converted shall be appropriately canceled on the books of the Corporation and the shares so converted shall not be issuable reissued by the corporation. This Certificate of Incorporation shall be appropriately amended to effect the corresponding reduction in the corporation's authorized capital stockCorporation.

Status of Converted Stock. In the event any shares of Series B Preferred Stock, Series C Preferred or Series M A Preferred Stock shall be converted pursuant to Section C.3 of this Article V.3 hereof, the shares of Series A Preferred Stock so converted shall be canceled and shall not be issuable by the corporationCompany. This Certificate The Articles of Incorporation of the Company shall be appropriately amended to effect the corresponding reduction in the corporationCompany's authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock, Series C Preferred or Series M D Preferred Stock shall be converted pursuant to this Section C.3 of this Article V.3, the shares so converted shall be canceled retired and cancelled and shall not be issuable by the this corporation. This Certificate of Incorporation of this corporation shall be appropriately amended (without the need for stockholder action) to effect the corresponding reduction in the this corporation's ’s authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock, Series C Preferred or Series M Preferred Stock shall be converted pursuant to Section C.3 of this Article V.4 hereof, the shares so converted shall be canceled and shall not be issuable by the this corporation. This Certificate of Incorporation shall be appropriately amended to effect the corresponding reduction in the corporation's authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock, Series C Preferred or Series M Preferred ------------------------- Stock shall be converted pursuant to Section C.3 of this Article V.2 or Section 3 hereof, the shares so converted shall be canceled and shall not be issuable by the corporation. This The Certificate of Incorporation of this corporation shall be appropriately amended to effect the corresponding reduction in the corporation's authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock, Series C Preferred or Series M Preferred Stock shall be converted pursuant to Section C.3 4 of this Article V.III(B) above, the shares so converted shall be canceled cancelled and shall not be issuable by the corporationCorporation. This Certificate of Incorporation shall be appropriately amended to effect the corresponding reduction in the corporation's Corporation’s authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock, Series C Preferred or Series M Y Preferred Stock shall be converted pursuant to Section C.3 of this Article V.3 hereof, the shares so converted shall be canceled and shall not be issuable by the corporation. This Certificate of Incorporation shall be appropriately amended to effect the corresponding reduction in the corporation's authorized capital stockCorporation.

Status of Converted Stock. In the event any shares of Series B A Preferred Stock, Series C B Preferred Stock or Series M C Preferred Stock shall be converted pursuant to Section C.3 of this Article V.3 hereof, the shares so converted shall be canceled and shall not be issuable by the corporation. This Certificate , and the Articles of Incorporation of this corporation shall be appropriately amended to effect the corresponding reduction in the corporation's authorized capital stock.