--all HYDRA Shares shall be exchanged for 1,000,000 IVOI Series A Preferred Stock with the terms and subject to the designations, preferences and rights as set forth in the Amendment to the Certificate of Incorporation to be filed by IVOI with the State of New Jersey in substantially the form as attached hereto as Exhibit B.
-- After such exchange, no HYDRA Share shall be deemed to be outstanding.
-- Each IVOI Common Share issued and outstanding at and as of the Effective Time will remain issued and outstanding.
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