Common use of Authorization; Closing Clause in Contracts

Authorization; Closing. As of the consummation of transactions substituting the Restricted Shares for the Warrant (the "SUBSTITUTION CLOSING"), Parent will have authorized the issuance of 23,133,764 shares of restricted Common Stock (the "TRANCHE A SHARES") and 7,711,256 shares of restricted Common Stock (the "TRANCHE B SHARES", and collectively with the Tranche A Shares, the "RESTRICTED SHARES"). The Substitution Closing will take place at the offices of Fenwick & West LLP, Two Palo Alto Square, Palo Alto, California, at a time and date to be specified by the parties.

Authorization; Closing. As of the consummation of transactions substituting the Restricted Shares for the Warrant (the "SUBSTITUTION CLOSING"), Parent will have authorized the issuance of 23,133,764 shares of restricted Common Stock (the "TRANCHE A SHARES") and 7,711,256 shares of restricted Common Stock (the "TRANCHE B SHARESShares", and collectively with the Tranche A Shares, the "RESTRICTED SHARES"). The Substitution Closing will take place at the offices of Fenwick & West LLP, Two Palo Alto Square, Palo Alto, California, at a time and date to be specified by the parties.