Common use of Undesignated Preferred Stock Clause in Contracts

Undesignated Preferred Stock. The ability of our Board, without action by the stockholders, to issue up to 100,000,000 shares of preferred stock, which was previously authorized but remain undesignated, with voting or other rights or preferences as designated by our Board could impede the success of any attempt to change control of us. These and other provisions may have the effect of deferring hostile takeovers or delaying changes in control or management of us.

Undesignated Preferred Stock. The ability of our Boardboard of directors, without action by the stockholders, to issue up to 100,000,000 14,994,000 shares of preferred stock, which was previously authorized but remain undesignated, other than the Series A Preferred Stock, with voting or other rights or preferences as designated by our Board board of directors could impede the success of any attempt to change control of us. These and other provisions may have the effect of deferring hostile takeovers or delaying changes in control or management of us.

Undesignated Preferred Stock. The ability of our Boardboard of directors, without action by the stockholders, to issue up to 100,000,000 10,000,000 shares of undesignated preferred stock, which was previously authorized but remain undesignated, stock with voting or other rights or preferences as designated by our Board board of directors could impede the success of any attempt to change control of us. These and other provisions may have the effect of deferring hostile takeovers or delaying changes in control or management of usthe Company.

Undesignated Preferred Stock. The ability of our Boardboard of directors, without action by the stockholders, to issue up to 100,000,000 50,000,000 shares of undesignated preferred stock, which was previously authorized but remain undesignated, stock with voting or other rights or preferences as designated by our Board board of directors could impede the success of any attempt to change control of us. These and other provisions may have the effect of deferring hostile takeovers or delaying changes in control or management of usour company.