Common use of Note Exchangeable for Different Denominations Clause in Contracts

Note Exchangeable for Different Denominations. This Convertible Note is exchangeable, upon the surrender of this Convertible Note by the holder at the office of the Company specified for delivery of notices pursuant to the Purchase Agreement, for new Convertible Notes of like tenor representing in the aggregate the rights under this Convertible Note, and each of such new Convertible Notes will represent such portion of such rights as is designated by the holder at the time of such surrender.