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SEC Follow Up Exhibits Part C SEC_OEA_FCIC_001760-2501

SEC Follow Up Exhibits Part C SEC_OEA_FCIC_001760-2501

SEC Follow Up Exhibits Part C SEC_OEA_FCIC_001760-2501

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Table of Contents<br />

adjustments to the conversion price will be made with respect to any such adjustment carried forward and which has not been taken<br />

into account before such date.<br />

No adjustment to the conversion price will be made if holders may participate in the transaction that would otherwise give rise to<br />

such adjustment as a result of holding the Series G Preferred Stock, without having to convert the Series G Preferred Stock, as if they<br />

held the full number of shares of common stock into which a share of the Series G Preferred Stock may then be converted.<br />

The applicable conversion price will not be adjusted:<br />

(a) upon the issuance of any shares of common stock pursuant to any present or future plan providing for the reinvestment of<br />

dividends or interest payable on the securities and the investment of additional optional amounts in common stock under any such<br />

plan;<br />

(b) upon the issuance of any shares of common stock or rights or warrants to purchase those shares pursuant to any present or<br />

future employee, director or consultant benefit plan or program of or assumed by us or any of our subsidiaries;<br />

(c) upon the issuance of any shares of common stock pursuant to any option, warrant, right or exercisable, exchangeable or<br />

convertible security outstanding as of the date the shares of Series G Preferred Stock were first issued;<br />

(d) for a change in the par value or no par value of the common stock; or<br />

(e) for accrued and unpaid dividends on the Series G Preferred Stock.<br />

We will be required, as soon as practicable after the conversion price is adjusted, to provide or cause to be provided written notice<br />

of the adjustment to the holders of shares of Series G Preferred Stock. We will also be required to deliver a statement setting forth in<br />

reasonable detail the method by which the adjustment to the conversion price was determined and setting forth the revised conversion<br />

price.<br />

The “current market price” on any date is the average of the daily closing price per share of the common stock or other securities<br />

on each of the five consecutive trading days preceding the earlier of the day before the date in question and the day before the “exdate”<br />

with respect to the issuance or distribution requiring such computation. The term “ex-date,” when used with respect to any such<br />

issuance or distribution, means the first date on which the common stock or other securities trade without the right to receive such<br />

issuance or distribution.<br />

Reorganization Events<br />

If the Company enters into a transaction constituting a consolidation or merger of the Company or similar transaction or any sale<br />

or other transfer of all or substantially all of the consolidated assets of the Company and its subsidiaries, taken as a whole (in each case<br />

pursuant to which its common stock will be converted into cash, securities or other property) or for certain reclassifications or<br />

exchanges of its common stock, then each share of Series G Preferred Stock will convert, effective on the day on which such share<br />

would automatically convert into common stock of the Company, into the securities, cash and other property receivable in the<br />

transaction by the holder of the greater of (1) the number of shares of common stock into which such share of Series G Preferred Stock<br />

would then be convertible, assuming receipt of any applicable regulatory approval and (2) the number of shares of common stock for<br />

which the fair market value of the securities, cash or other property receivable in the transaction in respect of such shares equals<br />

$100,000. The Company shall not enter into any agreement for a transaction described in this section unless such agreement provides<br />

for or does not interfere with or prevent (as applicable) conversion of the Series G Preferred Stock in a manner that is consistent with<br />

this section.<br />

Voting Rights<br />

Except as set forth below, holders of the Series G Preferred Stock will not have any voting rights.<br />

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