Common use of Exchange of Common Shares Clause in Contracts

Exchange of Common Shares. Stockholder shall have exchanged not less than 88% of the Common Shares it owns, either of record or bene- ficially, for redeemable preferred common stock of the Company in accordance with Section 7.3 of the Stockholders Agreement.

Exchange of Common Shares. Stockholder shall have exchanged not less than 88% of the Common Shares it owns, either of record or bene- ficiallybeneficially, for redeemable preferred common stock of the Company in accordance with Section 7.3 of the Stockholders Agreement.