Common use of HOW WE MAY PURCHASE YOUR WARRANT STOCK Clause in Contracts

HOW WE MAY PURCHASE YOUR WARRANT STOCK. We may exercise Our purchase rights, in whole or in part, at any time, or from time to time, prior to the expiration of the term of this Warrant Agreement, by giving You a completed and executed Notice of Exercise in the form attached as Exhibit I. Promptly upon receipt of the Notice of Exercise and in any event no later than twenty-one (21) days after you have received Our Notice of Exercise and payment of the aggregate Exercise Price for the shares purchased, You will issue to Us a certificate for the number of shares of Warrant Stock that We have purchased and You will execute the Acknowledgment of Exercise in the form attached hereto as Exhibit II indicating the number of shares which will be available to Us for future purchases, if any. We may pay for the Warrant Stock by either (i) cash or check, or (ii) by the net issuance method as determined below. If We elect the Net Issuance method, You will issue Warrant Stock using the following formula: X = Y(A-B) Where: X = the number of shares of Warrant Stock to be issued to Us. Y = the number of shares of Warrant Stock We request to be exercised under this Warrant Agreement. A = the fair market value of one share of Warrant Stock.

HOW WE MAY PURCHASE YOUR WARRANT STOCK. We may exercise Our purchase rights, in whole or in part, at any time, or from time to time, prior to the expiration of the term of this Warrant Agreement, by giving You a completed and executed Notice of Exercise in the form attached as Exhibit I. Promptly upon receipt of the Notice of Exercise and in any event no later than twenty-one (21) days after you have received Our Notice of Exercise and payment of the aggregate Exercise Price for the shares purchased, You will issue to Us a certificate for the number of shares of Warrant Stock that We have purchased and You will execute the Acknowledgment of Exercise in the form attached hereto as Exhibit II indicating the number of shares which will be available to Us for future purchases, if any. We may pay for the Warrant Stock by either (i) cash or check, or (ii) by the net issuance method as determined below. If We elect the Net Issuance method, You will issue Warrant Stock using the following formula: X = Y(A-B) Where: X = the number of shares of Warrant Stock to be issued to Us. Y = the number of shares of Warrant Stock We request to be exercised under this Warrant Agreement. A = the fair market value of one share of Warrant Stock.

HOW WE MAY PURCHASE YOUR WARRANT STOCK. We may exercise Our purchase rights, in whole or in part, at any time, or from time to time, prior to the expiration of the term of this Warrant Agreement, by giving You You, except as provided in the last paragraph of this Section 3, a completed and executed Notice of Exercise in the form attached as Exhibit I. Promptly upon receipt of the Notice of Exercise and in any event no later than twenty-one (21) days after you have received Our Notice of Exercise and payment of the aggregate Exercise Price for the shares purchased, You will issue to Us a certificate for the number of shares of Warrant Stock that We have purchased and You will execute the Acknowledgment of Exercise in the form attached hereto as Exhibit II indicating the number of shares which will be available to Us for future purchases, if any. We may pay for the Warrant Stock by either (i) cash or check, or (ii) by the net issuance method as determined below. If We elect the Net Issuance method, You will issue Warrant Stock using the following formula: X = Y(A-B) Where: X = the number of shares of Warrant Stock to be issued to Us. Y = the number of shares of Warrant Stock We request to be exercised under this Warrant Agreement. A = the fair market value of one share of Warrant Stock.

HOW WE MAY PURCHASE YOUR WARRANT STOCK. We may exercise Our purchase rights, in whole or in part, at any time, or from time to time, prior to the expiration of the term of this Warrant Agreement, by giving You a completed and executed Notice of Exercise in the form attached as Exhibit I. Promptly upon receipt of the Notice of Exercise and in any event no later than twenty-one (21) days after you have received Our Notice of Exercise and payment of the aggregate Exercise Price for the shares purchased, You will issue to Us a certificate for the number of shares of Warrant Stock that We have purchased and You will execute the Acknowledgment of Exercise in the form attached hereto as Exhibit II indicating the number of shares which will be available to Us for future purchases, if any. We may pay for the Warrant Stock by either (i) cash or check, or (ii) by the net issuance method as determined below. If We elect the Net Issuance method, You will issue Warrant Stock using the following formula: X = Y(A-B) A Where: X = the number of shares of Warrant Stock to be issued to Us. Y = the number of shares of Warrant Stock We request to be exercised under this Warrant Agreement. A = the fair market value of one share of Warrant Stock.

HOW WE MAY PURCHASE YOUR WARRANT STOCK. We may exercise Our purchase rights, in whole Whole or in part, at any time, or from time to time, prior to the expiration of the term of this Warrant Agreement, by giving You a completed and executed Notice of Exercise in the form attached as Exhibit I. Promptly upon receipt of the Notice of Exercise and in any event no later than twenty-one (21) days after you have received Our Notice of Exercise and payment of the aggregate Exercise Price for the shares purchased, You will issue to Us a certificate for the number of shares of Warrant Stock that We have purchased and You will execute the Acknowledgment of Exercise in the form attached hereto as Exhibit II indicating the number of shares which will be available to Us for future purchases, if any. We may pay for the Warrant Stock by either (i) cash or check, or (ii) by the net issuance method as determined below. If We elect the Net Issuance method, You will issue Warrant Stock using the following formula: X = Y(A-B) Where: Where X = the number of shares of Warrant Stock to be issued to Us. Y = the number of shares of Warrant Stock We request to be exercised under this Warrant Agreement. A = the fair market value of one share of Warrant Stock.

HOW WE MAY PURCHASE YOUR WARRANT STOCK. We may exercise Our purchase rights, in whole or in part, at any time, or from time to time, prior to the expiration of the term of this Warrant Agreement, by giving You a completed and executed Notice of Exercise in the form attached as Exhibit I. 1. Promptly upon receipt of the Notice of Exercise and in any event no later than twenty-one (21) days after you have received Our Notice of Exercise and payment of the aggregate Exercise Price for the shares purchased, You will issue to Us a certificate for the number of shares of Warrant Stock that We have purchased and You will execute the Acknowledgment of Exercise in the form attached hereto as Exhibit II indicating the number of shares which will be available to Us for future purchases, if any. We may pay for the Warrant Stock by either (i) cash or check, or (ii) by the net issuance method as determined below. If We elect the Net Issuance method, You will issue Warrant Stock using the following formula: X = Y(A-B) A Where: X = the number of shares of Warrant Stock to be issued to Us. Y = the number of shares of Warrant Stock We request to be exercised under this Warrant Agreement. A = the fair market value of one share of Warrant Stock.

HOW WE MAY PURCHASE YOUR WARRANT STOCK. We may exercise Our purchase rights, in whole or in part, at any time, or from time to time, prior to the expiration of the term of this Warrant Agreement, by giving You a completed and executed Notice of Exercise in the form attached as Exhibit I. Promptly upon receipt of the Notice of Exercise and in any event no later than twenty-one (21) days after you have received Our Notice of Exercise and payment of the aggregate Exercise Price for the shares purchased, You will issue to Us a certificate for the number of shares of Warrant Stock that We have purchased and You will execute the Acknowledgment of Exercise in the form attached hereto as Exhibit II indicating the number of shares which will be available to Us for future purchases, if any. We may pay for the Warrant Stock by either (i) cash or check, or (ii) if the fair market value of one share of Warrant Stock is greater than the Exercise Price (at the date of calculation) by the net issuance method as determined below. If We elect the Net Issuance method, You will issue Warrant Stock using the following formula: X = Y(A-B) A Where: X = the number of shares of Warrant Stock to be issued to Us. Y = the number of shares of Warrant Stock We request to be exercised under this Warrant Agreement. A = the fair market value of one share of Warrant Stock.

HOW WE MAY PURCHASE YOUR WARRANT STOCK. We may exercise Our purchase rights, in whole or in part, at any time, or from time to time, prior to the expiration of the term of this Warrant Agreement, by giving You a completed and executed Notice of Exercise in the form attached as Exhibit I. Promptly upon receipt of the Notice of Exercise and in any event no later than twenty-one (21) days after you have received Our Notice of Exercise and payment of the aggregate Exercise Price for the shares purchased, You will issue to Us a certificate for the number of shares of Warrant Stock that We have purchased and You will execute the Acknowledgment of Exercise in the form attached hereto as Exhibit II indicating the number of shares which will be available to Us for future purchases, if any. We may pay for the Warrant Stock by either (i) cash or check, or (ii) by the net issuance method as determined below. If We elect the Net Issuance method, You will issue Warrant Stock using the following formula: X = Y(A-B) Where: X = X= the number of shares of Warrant Stock to be issued to Us. Y = the number of shares of Warrant Stock We we request to be exercised under this Warrant Agreement. A = the fair market value of one share of Warrant Stock.

HOW WE MAY PURCHASE YOUR WARRANT STOCK. We may exercise Our purchase rights, in whole or in part, at any time, or from time to time, prior to the expiration of the term of this Warrant Agreement, by giving You a completed and executed Notice of Exercise in the form attached as Exhibit I. Promptly upon receipt of the Notice of Exercise and in any event no later than twenty-one (21) days after you have received Our Notice of Exercise and payment of the aggregate Exercise Price for the shares purchased, You will issue to Us a certificate for the number of shares of Warrant Stock that We have purchased and You will execute the Acknowledgment of Exercise in the form attached hereto as Exhibit II indicating the number of shares which will be available to Us for future purchases, if any. We may pay for the Warrant Stock by either (i) cash or check, or (ii) by the net issuance method as determined below. If We elect the Net Issuance method, You will issue Warrant Stock using the following formula: X = X= Y(A-B) Where: X = X= the number of shares of Warrant Stock to be issued to Us. Y = Y= the number of shares of Warrant Stock We request to be exercised under this Warrant Agreement. A = A= the fair market value of one share of Warrant Stock.

HOW WE MAY PURCHASE YOUR WARRANT STOCK. We may exercise Our purchase rights, in whole or in part, at any time, or from time to time, prior to the expiration of the term of this Warrant Agreement, by giving You a completed and executed Notice of Exercise in the form attached as Exhibit I. Promptly upon receipt of the Notice of Exercise and in any event no later than twenty-one (21) days after you have received Our Notice of Exercise and payment of the aggregate Exercise Price for the shares purchased, You will issue to Us a certificate for the number of shares of Warrant Stock that We have purchased and You will execute the Acknowledgment of Exercise in the form attached hereto as Exhibit II H indicating the number of shares which will be available to Us for future purchases, if any. We may pay for the Warrant Stock by either (i) cash or check, or (ii) by the net issuance method as determined below. If , if We elect the Net Issuance method, You will issue Warrant Stock using the following formula: X = Y(A-B) Where: X X. = the number of shares of Warrant Stock to be issued to Us. Y = the number of shares of Warrant Stock We request to be exercised under this Warrant Agreement. A = the fair market value of one share of Warrant Stock.

HOW WE MAY PURCHASE YOUR WARRANT STOCK. We may exercise Our purchase rights, in whole or in part, at any time, or from time to time, prior to the expiration of the term of this Warrant Agreement, by giving You a completed and executed Notice of Exercise in the form attached as Exhibit I. Promptly upon receipt of the Notice of Exercise and in any event no later than twenty-one (21) days after you have received Our Notice of Exercise and payment of the aggregate Exercise Price for the shares purchased, You will issue to Us a certificate for the number of shares of Warrant Stock that We have purchased and You will execute the Acknowledgment of Exercise in the form attached hereto as Exhibit II indicating the number of shares which will be available to Us for future purchases, . if any. We may pay for the Warrant Stock by either (i) cash or check, or (ii) by the net issuance method as determined below. If We elect the Net Issuance net issuance method, You will issue Warrant Stock using the following formula: X = Y(A-B) Where: X = the number of shares of Warrant Stock to be issued to Us. Y = the number of shares of Warrant Stock We request to be exercised under this Warrant Agreement. A = the fair market value of one share of Warrant Stock.

HOW WE MAY PURCHASE YOUR WARRANT STOCK. We may exercise Our purchase rights, in whole or in part, at any time, or from time to time, prior to the expiration of the term of this Warrant Agreement, by giving You a completed and executed Notice of Exercise in the form attached as Exhibit I. Promptly upon receipt of the Notice of Exercise and in any event no later than twenty-one (21) days after you have received Our Notice of Exercise and payment of the aggregate Exercise Price for the shares purchased, You will issue to Us a certificate for the number of shares of Warrant Stock that We have purchased and You will execute the Acknowledgment of Exercise in the form attached hereto as Exhibit II indicating the number of shares which will be available to Us for future purchases, if any. We may pay for the Warrant Stock by either (i) cash or check, or (ii) by the net issuance method as determined below. If We elect the Net Issuance method, You will issue Warrant Stock using the following formula: X = Y(A-B) A Where: X = the number of shares of Warrant Stock to be issued to Us. Y = the number of shares of Warrant Stock Stock. We request to be exercised under this Warrant Agreement. A = the fair market value of one share of Warrant Stock.

HOW WE MAY PURCHASE YOUR WARRANT STOCK. We may exercise Our purchase rights, in whole or in part, at any time, or from time to time, prior to the expiration of the term of this Warrant Agreement, by giving You a completed and executed Notice of Exercise in the form attached as Exhibit I. Promptly upon receipt of the Notice of Exercise and in any event no later than twenty-one (21) days after you have received Our Notice of Exercise and payment of the aggregate Exercise Price for the shares purchased, You will issue to Us a certificate for the number of shares of Warrant Stock that We have purchased and You will execute the Acknowledgment of Exercise in the form attached hereto as Exhibit II indicating the number of shares which will be available to Us for future purchases, if any. We may pay for the Warrant Stock by either (i) cash or check, or (ii) by the net issuance method as determined below. If We elect the Net Issuance net issuance method, You will issue Warrant Stock using the following formula: X = Y(A-B) Where: X = the number of shares of Warrant Stock to be issued to Us. Y = the number of shares of Warrant Stock We request to be exercised under this Warrant Agreement. A = the fair market value of one share of Warrant Stock.