Common use of ACKNOWLEDGMENT OF EXERCISE Clause in Contracts

ACKNOWLEDGMENT OF EXERCISE. The undersigned [ ], hereby acknowledge receipt of the “Notice of Exercise” from Hercules Technology Growth Capital, Inc. to purchase [ ] shares of the Common Stock of [ ], pursuant to the terms of the Warrant, and further acknowledges that [ ] shares remain subject to purchase under the terms of the Warrant.

ACKNOWLEDGMENT OF EXERCISE. The undersigned [ [____________________________________], hereby acknowledge receipt of the “"Notice of Exercise” " from Hercules Technology Growth Capital, Inc. to purchase [ [____] shares of the Common Stock of [ [_________________], pursuant to the terms of the WarrantAgreement, and further acknowledges that [ [______] shares remain subject to purchase under the terms of the WarrantAgreement.