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Sunday, June 14, 2015 12:15:45 PM
Consolidation, Merger or Sale. If any consolidation or merger of the Corporation with
an unaffiliated third-party, or the sale, transfer or lease of all or substantially all of its
assets to an unaffiliated third-party shall be effected in such a way that holders of shares
of Common Stock shall be entitled to receive stock, securities or assets with respect to
or in exchange for their shares of Common Stock, then provision shall be made, in
accordance with this Section 6(a), whereby each holder of shares of Series B Convertible
Preferred Stock shall thereafter have the right to receive such securities or assets as
would have been issued or payable with respect to or in exchange for the shares of
Common Stock into which the shares of Series B Convertible Preferred Stock held by
such holder were convertible immediately prior to the closing of such merger, sale,
transfer or lease, as applicable.
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