Conversion Price

Conversion Price. Shall equal $0.20 at the Series AA Issue Date, and thereafter shall be subject to adjustment as provided in Section 7(e). -9- "Excluded Securities" means (i) options issued by the Corporation to a director, officer or employee of the Corporation pursuant to any stock option or similar plan (and any shares of Common Stock issuable thereunder) existing or outstanding as of the Series AA Issue Date or to the extent such arrangements are approved by... the Board after the Series AA Issue Date, (ii) shares of Common Stock issuable upon conversion, exchange or exercise of any Common Stock Equivalent outstanding as of the Series AA Issue Date, (iii) shares of Common Stock issuable upon conversion of a share of Series AA Preferred Stock, or (iv) shares of Common Stock the issuance of which is approved by the Board after the Series AA Issue Date provided the issue price thereof is not less than seventy-five percent (75%) of the then applicable Conversion Price. View More

Conversion Price. Shall initially mean $14.75 per share of Series AA Preferred Stock and thereafter shall be subject to adjustment from time to time pursuant to the terms of paragraph 3 hereof.

Conversion Price. Has the meaning specified in the Notes.

Conversion Price. Means Two and Fifty One-Hundredths Dollars ($2.50).

Conversion Price. Means (i) until and excluding December 29, 2001, $15.93, and (ii) on and after December 29, 2001, one hundred and twenty percent (120%) of the Average Market Price calculated as of December 29, 2001; provided that the Conversion Price shall not be greater than $15.93 or less than seven dollars and fifty cents ($7.50), in each case subject to adjustment for stock splits, recombinations, stock dividends and the like. 2

Conversion Price. Means (i) until and excluding June 29, 2003, $9.6295, and (ii) on and after June 29, 2003, one hundred fifteen percent (115%) of the Average Market Price calculated as of June 29, 2003; provided that the Conversion Price shall not be greater than $10.8332 or less than an amount equal to the product of (a) the quotient of six dollars divided by eight dollars and fifty cents ($6.00/$8.50) times (b) the Main Agreement Date Price, in each case subject to adjustment for stock splits, recombinations,... stock dividends and the like. 2 "Conversion Rate" means (i) the Stated Value of one share of Series C Preferred Stock plus accrued and unpaid dividends divided by (ii) the Conversion Price. View More

Conversion Price. Shall equal $1.08 per Share.

Conversion Price. Means $36.83.

Conversion Price. Shall mean the price per share that is ---------------- the exact middle of the price range stated in the Company's final amended registration statement on Form S-1, Form SB-1 or a similar successor form pertaining to an Initial Public Offering that closes on before the Maturity Date. No conversion shall occur and there is therefore no Conversion Price with respect to an Initial Public Offering that closes after the Maturity Date.

Conversion Price. Shall mean (a) the applicable Ceiling Price, as the case may be, or (b) during any Company Election Conversion Period or if the Company breaches or fails to comply with Section 5.19 of the Subscription Agreement, an amount that is equal to the lesser of (i) the applicable Ceiling Price, as the case may be, and (ii) the Conversion Period Conversion Price, in each case, subject to adjustment as provided herein.