Conversion Notice. At least seven (7) calendar days prior to the consummation of a Liquidity Event [[Organization A:Organization]] will provide the Holder with written notice, which includes notice via email, of the Liquidity Event (the “Liquidity Event Notice”). After receipt of the Liquidity Event Notice, but prior to the consummation of the Liquidity Event, Holder may exercise its right to convert any portion of this Note into Conversion Shares by delivering to [[Organization A:Organization]] # written notice of its election to convert this Note pursuant to [Section 4], including the amount if this Note to be Converted and # in the case of a Conversion of this Note in whole, or in part, this Note (or a notice to the effect that the original Note has been lost, stolen or destroyed and an agreement acceptable to [[Organization A:Organization]] whereby the holder agrees to indemnify [[Organization A:Organization]] from any loss incurred by it in connection with this Note). Upon Conversion, Holder agrees to execute and deliver to [[Organization A:Organization]] any Lock-Up / Leak-Out agreements required by the underwriter for all investors in connection with the Liquidity Event. If for any reason the Liquidity Event does not occur within 7 calendar days of the date specified in the Liquidity Event Notice, Holder may withdraw its conversion election by written notice to [[Organization A:Organization]].