Common use of Conversion of Series A Preferred Stock Clause in Contracts

Conversion of Series A Preferred Stock. Should all of the Company's -------------------------------------- Series A Preferred Stock be, or if outstanding would be, at any time prior to the expiration of this Warrant or any portion thereof, converted into shares of the Company's Common Stock in accordance with Section 6 of the Certificate setting forth the rights, privileges and preferences of the Series A Preferred Stock, then this Warrant shall become exercisable for that number of shares of the Company's Common Stock equal to the number of shares of the Common Stock which would have been received if this Warrant had been exercised in full and the Series A Preferred Stock received thereupon had been simultaneously converted immediately prior to such event, and the Exercise Price shall be immediately adjusted to equal the quotient obtained by dividing (x) the aggregate Exercise Price of the maximum number of shares of Series A Preferred Stock for which this Warrant was exercisable immediately prior to such conversion or redemption, by (y) the number of shares of Common Stock for which this Warrant is exercisable immediately after such conversion or redemption.

Conversion of Series A Preferred Stock. Should In the event that all of the Company's -------------------------------------- ’s outstanding shares of Series A [A-1/A-2] Preferred Stock be, or if outstanding would be, at any time prior to the expiration of this Warrant or any portion thereof, shall have been converted into shares of the Company's Common Stock in accordance with Section 6 of the Certificate setting forth of Incorporation prior to the rights, privileges and preferences earlier of: (i) the Expiration Date or (ii) the exercise in full of the Series A Preferred Stockthis Warrant, then the Company shall duly execute and deliver to the holder of this Warrant a new Warrant (in form and substance reasonably satisfactory to the holder of this Warrant) in replacement of this Warrant, so that the holder of this Warrant shall become exercisable for have the right to receive, upon exercise of this Warrant, that number of shares of the Company's Common Stock equal to the number of shares of the Common Stock which and Series [A-1/A-2] Preferred Stock that would have been received if this Warrant had been exercised in full and the Series A [A-1/A-2] Preferred Stock received thereupon had been simultaneously converted into Common Stock immediately prior to such event, and the Exercise per share Warrant Price shall immediately be immediately adjusted to equal the quotient obtained by dividing (xi) the aggregate Exercise Aggregate Warrant Price of the maximum number of shares of Series A [A-1/A-2] Preferred Stock for which this Warrant was exercisable immediately prior to such conversion or redemption, by (yii) the number of shares of Common Stock and Series [A-1/A-2] Preferred Stock for which this Warrant is exercisable immediately after such conversion or redemptionconversion. Such new Warrant shall provide for adjustments that shall be as nearly equivalent as may be practicable to the adjustments provided for in this Section 2 of this Warrant.