Common use of Election to Convert Clause in Contracts

Election to Convert. (a) Holder hereby elects to convert the debt owed by GWSO in the amount of $116,900 into 50,606 shares of Common Stock.

Election to Convert. (a) Holder hereby elects to convert the debt owed by GWSO in the amount of $116,900 55,208 into 50,606 23,899 shares of Common Stock.

Election to Convert. (a) Holder hereby elects to convert the debt owed by GWSO in the amount of $116,900 350,095 into 50,606 155,885 shares of Common Stock.