Extract to table

For the avoidance of doubt, the Company may, at its sole option, elect to issue to the Investor shares of a "shadow series" of Preferred Stock having substantially identical rights, privileges, preferences, and restrictions as the shares of Preferred Stock sold in the Equity Financing, differing only in that the per-share liquidation preference and the per-share conversion price of such shadow series shall equal the Conversion Price (and the aggregate liquidation preference of such shadow series shall equal the Purchase Amount)

The Investor's obligation to execute such documents shall be conditioned upon such documents containing terms and conditions no less favorable to the Investor than those provided to the other investors in the Equity Financing (other than the per-share purchase price, which shall be determined by the Conversion Price)

The cash payment or the issuance of shares of Common Stock, as applicable, shall be made to the Investor immediately prior to, or concurrent with, the consummation of the Liquidity Event

If the Investor fails to make an election under this Section 1(b) within five (5) business days following the Company's written notice of the Liquidity Event, the Investor shall be deemed to have elected the Conversion Election under clause (ii) above

In connection with a Change of Control in which the consideration payable to the Company's stockholders consists in whole or in part of non-cash consideration, the value of such non-cash consideration shall be determined in good faith by the Company's Board of Directors

If there is a Dissolution Event before the termination of this SAFE, the Company shall pay an amount equal to the Purchase Amount of Three Million Five Hundred Thousand Dollars ($3,500,000) to the Investor