Event of Conversion

Example Definitions of "Event of Conversion"
Event of Conversion. The term "Event of Conversion" shall mean the consummation of a public offering of shares of Common Stock of the Corporation pursuant to the Securities Act of 1933, as amended, generating net proceeds to the Corporation of at least $15 million and reflecting a per share price of at least $37.50 per share of Common Stock as constituted on the Original Issuance Date.
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