Review Certificate of Designation of Series A Convertible Preferred Stock ("CD") of Riffpad, Inc. and then answer the following questions. Assume that Riffpad filed the CD with the Delaware Division of Corporations on January 1, 2016 and issued all 10,000 shares of Series A Preferred Stock on that date to Sjo- Time Fund IX, LP ("Sjo-Time") and all 10,000 shares remain outstanding. 1. Under the CD, can Riffpad require Sjo-Time to sell its Series a Preferred Stock back to Riffpad? If so, at what price? 2. Assume that Riffpad has not issued any stock since issuing the Series A Preferred Stock to Sjo- Time. What would be the conversion price per share of Series A Preferred Stock following an issuance by Riffpad of 5,000 shares of common stock to a consultant in exchange for $25,000 worth of services rendered by the consultant to Riffpad? Assume that Riffpad's board of directors