【正文】 , Series A Preferred participates with Common Stock on an asconverted basis until the holders of Series A Preferred receive an aggregate of [_____] times the Original Purchase Price.]A merger or consolidation (other than one in which stockholders of the Company own a majority by voting power of the outstanding shares of the surviving or acquiring corporation) and a sale, lease, transfer or other disposition of all or substantially all of the assets of the 6 / 25公司的兼并或合并（公司原股東擁有存續(xù)公司或收購(gòu)公司的發(fā)行在外股票過(guò)半數(shù)表決權(quán)的情形除外）， 以及公司出售、租賃、轉(zhuǎn)讓或以其他方式處置公司全部或大部分資產(chǎn)的行為，應(yīng)當(dāng)視為公司清算事項(xiàng)(視為清算事項(xiàng))，并導(dǎo)致上述清算優(yōu)先權(quán)得以產(chǎn)生[除非[ ]％的 A 系優(yōu)先股股東投票反對(duì)這種處理]。Company will be treated as a liquidation event (a “Deemed Liquidation Event”), thereby triggering payment of the liquidation preferences described above [unless the holders of [___]% of the Series A Preferred elect otherwise]. 表決權(quán)： 除下列情形外，A 系優(yōu)先股股東在視為轉(zhuǎn)換成普通股的基礎(chǔ)上與普通股股東一起表決，而不能作為獨(dú)立表決團(tuán)體：（i）A 系優(yōu)先股股東作為一個(gè)團(tuán)體有權(quán)選舉[ ]名董事會(huì)成員（A 系董事）。(ii)出現(xiàn)如下文所示“保護(hù)性條款”之情況。（iii）法律另有的其他規(guī)定。公司章程應(yīng)當(dāng)規(guī)定，經(jīng)優(yōu)先股和普通股股東多數(shù)同意，并作為一個(gè)表決團(tuán)體集體表決（不經(jīng)普通股股東單獨(dú)表決），公司可以增加或減少授權(quán)發(fā)行的股票數(shù)量 4。Voting Rights: The Series A Preferred Stock shall vote together with the Common Stock on an asconverted basis, and not as a separate class, except (i) the Series A Preferred as a class shall be entitled to elect [_______] [(_)] members of the Board (the “Series A Directors”), (ii) as provided under “Protective Provisions” below or (iii) as required by law. The Company’s Certificate of Incorporation will provide that the number of authorized shares of Common Stock may be increased or decreased with the approval of a majority of the Preferred and Common Stock, voting together as a single class, and without a separate class vote by the Common 4 For California corporations, one cannot “opt out” of the statutory requirement of a separate class vote by Common Stockholders to authorize shares of Common Stock.7 / 25保護(hù)性條款： 只要有___[寫明固定數(shù)量、百分比或任何] A 系優(yōu)先股仍發(fā)行在外，未經(jīng)至少[ ]％A 系優(yōu)先股股東書面同意，公司不得直接或變相進(jìn)行兼并、合并或下列其他業(yè)務(wù)：（i）清算、解散或停業(yè)清理，或進(jìn)行任何視為清算事項(xiàng)。(ii)[以不利于 A 系優(yōu)先股股東的方式]修改、變更或撤銷公司章程或細(xì)則中的任何條款 5（iii）創(chuàng)設(shè)、授權(quán)創(chuàng)設(shè)或發(fā)行可轉(zhuǎn)換或可行使擁有優(yōu)于或同等于 A 系優(yōu)先股之權(quán)利、優(yōu)待或特權(quán)的公司證券，或增加發(fā)行 A 系優(yōu)先股授權(quán)數(shù)量；(iv)優(yōu)于 A 系優(yōu)先股，對(duì)任何股份予以收購(gòu)、贖回或分配股息。[由于前員工的雇傭（或顧問(wèn)的服務(wù)）關(guān)系的終止，以低于公平市場(chǎng)價(jià)回購(gòu)其股份的除外][由董事會(huì)（含[ ] 位 A 系董事）同意的除外]；(v)發(fā)行或授權(quán)發(fā)行任何公司債券[若公司總計(jì)負(fù)債因此超過(guò)﹩[__]][設(shè)備租賃或銀行信用額度除外][無(wú)股權(quán)特Protective Provisions: So long as [insert fixed number, or %, or “any”] shares of Series A Preferred are outstanding, the Company will not, without the written consent of the holders of at least [__]% of the Company’s Series A Preferred, either directly or by amendment, merger, consolidation, or otherwise: (i) liquidate, dissolve or windup the affairs of the Company, or effect any Deemed Liquidation Event。 (ii) amend, alter, or repeal any provision of the Certificate of Incorporation or Bylaws [in a manner adverse to the Series A Preferred]。5 (iii) create or authorize the creation of or issue any other security convertible into or exercisable for any equity security, having rights, preferences or privileges senior to or on parity with the Series A Preferred, or increase the authorized number of shares of Series A Preferred。 (iv) purchase or redeem or pay any dividend on any capital stock prior to the Series A Preferred, [other than stock repurchased from former employees or consultants in connection with the cessation of their employment/services, at the lower of fair market value or cost。] [other than as approved by the Board, including the approval of [_____] Series A Director(s)]。 or (v) create or authorize the creation of any debt security [if the Company’s aggregate 5 Note that as a matter of background law, Section 242(b)(2) of the Delaware General Corporation Law provides that if any proposed charter amendment would adversely alter the rights, preferences and powers of one series of Preferred Stock, but not similarly adversely alter the entire class of all Preferred Stock, then the holders of that series are entitled to a separate series vote on the amendment.8 / 25征的負(fù)債除外][此類債券獲得董事會(huì)（含[ ]位 A 系董事）事先同意的除外]；（vi）增加或減少董事會(huì)成員人數(shù)。indebtedness would exceed $[____][other than equipment leases or bank lines of credit][other than debt with no equity feature][unless such debt security has received the prior approval of the Board of Directors, including the approval of [________] Series A Director(s)]。 (vi) increase or decrease the size of the Board of Directors. 可選擇轉(zhuǎn)換： A 系優(yōu)先股股東有權(quán)將其擁有每一 A系優(yōu)先股隨時(shí)轉(zhuǎn)換為普通股，每一 A系優(yōu)先股可轉(zhuǎn)換為普通股的數(shù)量為原始購(gòu)買價(jià)除以轉(zhuǎn)換時(shí)的 A 系優(yōu)先股轉(zhuǎn)換價(jià)（定義如下）。最初的 A 系優(yōu)先股轉(zhuǎn)換價(jià)應(yīng)當(dāng)原始購(gòu)買價(jià)。A 系優(yōu)先股轉(zhuǎn)換價(jià)應(yīng)當(dāng)根據(jù)普通股的配股、股票分割、股票合并等類似事項(xiàng)，以及如下“反稀釋條款”所述內(nèi)容進(jìn)行調(diào)整。Optional Conversion:Each share of the Series A Preferred shall be convertible, at the option of the holder thereof, at any time, into such number of shares of Common Stock as is determined by dividing the Series A Original Purchase Price by Series A Preferred Conversion Price (as defined below) in effect at the time of conversion. The “Series A Preferred Conversion Price” shall initially be equal to $____ (the Series A Original Purchase Price). Such initial Series A Conversion price is subject to adjustments for stock dividends, splits, binations and similar events and as described below under “Antidilution Provisions.”反稀釋條款： 若公司以低于現(xiàn)行 A 系優(yōu)先股轉(zhuǎn)換價(jià)的價(jià)格發(fā)行新的股票，該轉(zhuǎn)換價(jià)格應(yīng)按下列公式調(diào)整： [可選方案 1“典型”加權(quán)平均數(shù)：CP2=CP1*(A+B)/(A+C) CP2=新 A 系優(yōu)先股轉(zhuǎn)換價(jià)Antidilution Provisions:In the event that the Company issues additional securities at a purchase price less than the current Series A Preferred Conversion Price, such conversion price shall be adjusted in accordance with the following formula:[Alternative 1: “Typical” weighted average:CP2 = CP1 * (A+B) / (A+C)9 / 25CP1=新股發(fā)行前實(shí)際 A 系優(yōu)先股轉(zhuǎn)換價(jià)A=新股發(fā)行前視為已發(fā)行的普通股數(shù)量（含所有已發(fā)行的普通股，所有視為已轉(zhuǎn)換的已發(fā)行優(yōu)先股，以及所有已發(fā)行的可行使期權(quán)。不含轉(zhuǎn)入此輪融資的