Extract to table

In the event of any ambiguity, the terms of this instrument as set forth herein shall control

Because no discount Rate applies to this Safe, no discounted price alternative is applicable, and the Conversion Price shall be determined solely by reference to the foregoing clauses (A) and (B)

clause (A) above yields a lower price per share than clause (B) above), the shares of Safe Preferred Stock issued to the Investor shall have rights, privileges, preferences, and restrictions identical to those of the Standard Preferred Stock, except that: (x) the per-share liquidation preference of such Safe Preferred Stock shall equal the Conversion Price (rather than the price per share paid by the investors in the Equity Financing); and (y) the conversion price for purposes of price-based anti-dilution protection applicable to such Safe Preferred Stock shall be the Conversion Price

If the Investor fails to deliver timely notice of its election, the Investor shall be deemed to have elected the option set forth in clause (i)(B) above (i

(iii) Any cash payment or share issuance to the Investor pursuant to this Section 1(b) shall be made immediately prior to, or concurrent with, the consummation of the Liquidity Event

(iv) If, upon the occurrence of a Liquidity Event, the Company's available funds or assets are insufficient to pay the full Cash-Out Amount to the Investor (and to all other holders of SAFEs who have elected to receive a cash payment), the available funds or assets shall be distributed among such holders on a pro rata basis in proportion to the full Cash-Out Amounts to which they would otherwise be entitled