Common use of Issuance of Series C Preferred Stock Clause in Contracts

Issuance of Series C Preferred Stock. For and in satisfaction of the Indebtedness and the mutual promises and releases contained herein upon execution of this Settlement Agreement, Victory shall, at the Closing, immediately issue 46,699.9368965913 shares of Series C Preferred Stock to Zamber and 18,891.5602332489 shares of Series C Preferred Stock to ▇▇▇▇▇▇▇, in each case, at a rate of $7.94005355555556 per share of Series C Preferred Stock for a total of Five Hundred Twenty Thousand Eight Hundred Dollars ($520,800) of Series C Preferred Stock. The Series C Preferred Stock has the rights, preferences, and limitations specified in the Certificate of Designation of the Series C Preferred Stock in the form attached hereto as Exhibit A.

Issuance of Series C Preferred Stock. For and in satisfaction of the Indebtedness and the mutual promises and releases contained herein upon execution of this Settlement Agreement, Victory shall, at the Closing, immediately issue 46,699.9368965913 1,889.1560233248900 shares of Series C Preferred Stock to Zamber and 18,891.5602332489 2,518.8746977665200 shares of Series C Preferred Stock to ▇▇▇▇▇▇▇Hill, in each case, at a rate of $7.94005355555556 7.9400535555555600 per share of Series C Preferred Stock for a total of Thirty-Five Hundred Twenty Thousand Eight Hundred Dollars ($520,80035,000) of Series C Preferred Stock. The Series C Preferred Stock has the rights, preferences, and limitations specified in the Certificate of Designation of the Series C Preferred Stock in the form attached hereto as Exhibit A.