Common use of GRANT OF THE RIGHT TO PURCHASE COMMON STOCK Clause in Contracts

GRANT OF THE RIGHT TO PURCHASE COMMON STOCK. For value received, the Company hereby grants to the Warrantholder, and the Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase, from the Company, One Hundred Thirty-Seven Thousand, Two Hundred Fifty-Four (137,254) fully paid and non-assessable shares of the Common Stock at the Exercise Price (as defined below). The Exercise Price of such shares is subject to adjustment as provided in Section 8. As used herein, the following terms shall have the following meanings:

GRANT OF THE RIGHT TO PURCHASE COMMON STOCK. For value received, the Company hereby grants to the Warrantholder, and the Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase, purchase from the Company, One Hundred Thirty-Seven Thousand, Two Hundred Fifty-Four Eight Thousand Nine Hundred Ten (137,25458,910) fully paid and non-assessable shares of the Common Stock at the Exercise Price (as defined below). The Exercise Price of such shares is subject to adjustment as provided in Section 8. As used herein, the following terms shall have the following meanings:

GRANT OF THE RIGHT TO PURCHASE COMMON STOCK. For value received, the Company hereby grants to the Warrantholder, and the Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase, purchase from the Company, One Hundred Thirty-Seven Thousand, Two Seventeen Thousand Eight Hundred Fifty-Four Twenty (137,254117,820) fully paid and non-assessable shares of the Common Stock at the Exercise Price (as defined below). The Exercise Price of such shares is subject to adjustment as provided in Section 8. As used herein, the following terms shall have the following meanings:

GRANT OF THE RIGHT TO PURCHASE COMMON STOCK. For value received, the Company hereby grants to the Warrantholder, and the Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase, from the Company, One Hundred Thirty-Seven Thousand, Two Hundred Fifty-Four (137,254) 149,522 fully paid and non-assessable shares of the Common Stock at the Exercise Price (as defined below) at a purchase price of $4.18 per share (the "Exercise Price"). The number and Exercise Price of such shares is are subject to adjustment as provided in Section 8. As used herein, the following terms shall have the following meanings:

GRANT OF THE RIGHT TO PURCHASE COMMON STOCK. For value received, the Company hereby grants to the Warrantholder, and the Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase, from the Company, up to One Million Twelve Thousand Five Hundred Thirty-Seven Thousand, Two Hundred Fifty-Four and No/100 Dollars (137,254$1,012,500) in fully paid and non-assessable shares of the Common Stock at the Exercise Price (as defined below)) per share. The number and Exercise Price of such shares is are subject to adjustment as provided in Section 8. As used herein, the following terms shall have the following meanings:

GRANT OF THE RIGHT TO PURCHASE COMMON STOCK. For value received, the Company hereby grants to the Warrantholder, and the Warrantholder is entitled, upon the terms and subject to the conditions hereinafter set forth, to subscribe for and purchase, from the Company, up to Seven Hundred Ninety One Thousand Six Hundred ThirtySixty-Seven Thousand, Two Hundred Fifty-Four (137,254791,667) in fully paid and non-assessable shares of the Common Stock at the Exercise Price (as defined below). The number and Exercise Price of such shares is are subject to adjustment as provided in Section 8. As used herein, the following terms shall have the following meanings: