Common use of Automatic Exercise Clause in Contracts

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof immediately before its expiration, involuntary termination or cancellation. Notwithstanding the foregoing, the Company shall be under no obligation to issue any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office of the Company.

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before before: (i) its expiration, involuntary termination expiration or cancellation. Notwithstanding (ii) the foregoing, the Company shall be under no obligation to issue consummation of any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office consolidation or merger of the Company, or any sale or transfer of a majority of a company's assets pursuant to Section 2(b).

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before before: (i) its expiration, involuntary termination expiration or cancellation. Notwithstanding (ii) the foregoing, the Company shall be under no obligation to issue consummation of any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s assets or shares pursuant to Section 2(c).

Automatic Exercise. To the extent this Warrant is not previously exercised, and its exercise in accordance with Sections 3(b) and 3(c) hereof would result in the issuance of shares of Preferred Stock, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before its expiration, involuntary termination or cancellation. Notwithstanding the foregoing, the Company shall be under no obligation to issue any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office of the Company.

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b3)b) and 3(c) hereof (even if not surrendered) immediately before before: (i) its expiration, involuntary termination expiration or cancellation. Notwithstanding (ii) the foregoing, the Company shall be under no obligation to issue consummation of any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office consolidation or merger of the Company, or any sale or transfer of a majority of a company's assets pursuant to Section 2(c).

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before before: (i) its expiration, involuntary termination expiration or cancellation. Notwithstanding (ii) the foregoing, the Company shall be under no obligation to issue consummation of any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office consolidation or merger of the Company, or any sale or transfer of a majority of the Company's assets or shares pursuant to Section 2(b).

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before before: (i) its expiration, involuntary termination or cancellation. Notwithstanding (ii) the foregoing, the Company shall be under no obligation to issue consummation of any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office consolidation or merger of the Company, or any sale or transfer of a majority of the Company's assets or stock pursuant to Section 2(b).

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before before; (i) its expiration, involuntary termination or cancellation. Notwithstanding (ii) the foregoing, the Company shall be under no obligation to issue any certificates for the shares consummation of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office a Public Offering of the Company's Common Stock pursuant to Section 2(b), or (iii) the consummation of any consolidation or merger of the Company, or any sale or transfer of a majority of a company's assets pursuant to Section 2(c).

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before its expiration, involuntary termination before: the consummation of any consolidation or cancellation. Notwithstanding the foregoing, the Company shall be under no obligation to issue any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office merger of the Company, or any sale or transfer of a majority of a company's assets pursuant to Section 2(b).

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before before: (i) its expiration, involuntary termination or cancellation. Notwithstanding (ii) the foregoing, the Company shall be under no obligation to issue consummation of any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office consolidation or merger of the Company, or any sale or transfer of a majority of a company's assets pursuant to Section 2(b).

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before its expiration, involuntary termination or cancellation. Notwithstanding the foregoing, the Company shall be under no obligation to issue any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office of the Company.

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before before: (i) its expiration, involuntary termination expiration or cancellation. Notwithstanding (ii) the foregoing, the Company shall be under no obligation to issue consummation of any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office consolidation or merger of the Company, or any sale or transfer of all or substantially all of the Company's assets or shares pursuant to Section 2(b).

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b3(6) and 3(c) hereof (even if not surrendered) immediately before before: (i) its expiration, involuntary termination or cancellation. Notwithstanding (ii) the foregoingclosing of an Initial Public Offering pursuant to Section 2(b), or (iii) the Company shall be under no obligation to issue consummation of any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s assets pursuant to Section 2(c).

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before before: (i) its expiration, involuntary termination or cancellation. Notwithstanding (ii) the foregoing, the Company shall be under no obligation to issue consummation of any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office consolidation or merger of the Company, or any sale or transfer of a majority of a company’s assets pursuant to Section 2(b).

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before before: (i) its expiration, involuntary termination or cancellation. Notwithstanding (ii) the foregoing, the Company shall be under no obligation to issue consummation of any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office consolidation or merger of the Company, or any sale or transfer of a majority of the Company’s assets or stock pursuant to Section 2(b) and 2(c).

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before before: (i) its expiration, involuntary termination or cancellation. Notwithstanding (ii) the foregoing, the Company shall be under no obligation to issue consummation of any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office consolidation or merger of the Company, or any sale or transfer of a majority of the Company's assets pursuant to Section 2(c).

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof (even if not surrendered) immediately before before: (i) its expiration, involuntary termination or cancellation. Notwithstanding (ii) the foregoing, the Company shall be under no obligation to issue consummation of any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office consolidation or merger of the Company, or any sale or transfer of a majority of the Company's assets pursuant to Section 2(b).

Automatic Exercise. To the extent this Warrant is not previously exercised, it shall be automatically exercised in accordance with Sections 3(b) and 3(c) hereof immediately before before: (i) its expiration, involuntary termination or cancellation. Notwithstanding (ii) the foregoing, the Company shall be under no obligation to issue consummation of any certificates for the shares of stock issuable upon such automatic exercise unless and until the Holder has surrendered this Warrant at the principal office consolidation or merger of the Company, or any sale or transfer of a majority of the Company's assets or stock pursuant to Section 2(b).