Common use of Exercise Floor Price Clause in Contracts

Exercise Floor Price. Unless and until such time as the Company obtains Shareholder Approval (as defined in the Purchase Agreement) as required by the rules and regulations of the Nasdaq Capital Market, no adjustment pursuant to Section 3(b) to 3(e) or Section 3(g) shall cause the Exercise Price to be less than $[ ] , as adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction (the "Exercise Floor Price"). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence (an "Exercise Floor Price Event"), then the Exercise Price shall be equal to the Exercise Floor Price. Upon the receipt of such Shareholder Approval, any adjustment to the Exercise Price that would have been made pursuant to this Section 2, but for this Section 3(h), shall be made on the date of such receipt.

Exercise Floor Price. Unless and until such time as the Company obtains Shareholder Approval stockholder approval for the issuance of all Securities (as defined in the Securities Purchase Agreement) as issued pursuant to the Securities Purchase Agreement required by the rules and regulations of the Nasdaq Capital Principal Market, no adjustment pursuant to Section 3(b) to 3(e) or Section 3(g) 2 shall cause the Exercise Price to be less than $[ ] 1.21, as adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction (the "“Exercise Floor Price"”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence (an "“Exercise Floor Price Event"”), then the Exercise Price shall be equal to the Exercise Floor Price. Upon the receipt of such Shareholder Approvalstockholder approval, any adjustment to the Exercise Price that would have been made pursuant to this Section 2, but for this Section 3(h2(f), shall be made on the date of such receipt.

Exercise Floor Price. Unless and until such time as the Company obtains Shareholder Stockholder Approval (as defined in the Securities Purchase Agreement) as required by the rules and regulations of the Nasdaq Capital Principal Market, no adjustment pursuant to Section 3(b) to 3(e) or Section 3(g) 2 shall cause the Exercise Price to be less than $[ ] ]4, as adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction (the "“Exercise Floor Price"”). For the avoidance of doubt, if a Dilutive Issuance would cause the Exercise Price to be lower than the Exercise Floor Price but for the immediately preceding sentence (an "“Exercise Floor Price Event"”), then the Exercise Price shall be equal to the Exercise Floor Price. Upon the receipt of such Shareholder Approvalstockholder approval, any adjustment to the Exercise Price that would have been made pursuant to this Section 2, but for this Section 3(h2(b), shall be made on the date of such receipt.