Common use of Net Issue Exercise Clause in Contracts

Net Issue Exercise. (a) In addition to and without limiting the rights of the Holder under the terms hereof, the Holder may elect to receive Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election in which event the Company shall issue to the Holder a number of Shares computed using the following formula:

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder may elect to receive Warrant Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a the number of Warrant Shares computed using the following formula:

Net Issue Exercise. (a) In addition lieu of exercising this Warrant pursuant to and without limiting the rights of the Holder under the terms hereofSection 1.2, the Holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Shares shares of the Company's Common Stock computed using the following formula: X = Y (A-B) ------- A Where:

Net Issue Exercise. (a) In addition lieu of exercising this Warrant pursuant to and without limiting the rights of the Holder under the terms hereofSection 1.1, the Holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Shares shares of the Company's Common Stock computed using the following formula:: X = Y (W-Z) -------- W

Net Issue Exercise. (a) In addition lieu of exercising this Warrant pursuant to and without limiting the rights of the Holder under the terms hereofSection 3(a), the Holder may elect to receive Shares shares equal to the value of this Warrant (or the of any portion thereof being canceledremaining unexercised) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to Holder the Holder a number of Shares shares of the Company’s Series C-2 Preferred Stock computed using the following formula:

Net Issue Exercise. (a) In addition to and without limiting the rights of the Holder under the terms hereof, the The Holder may elect to receive a number of Shares equal to the value of this Warrant (or the of any portion thereof of this Warrant being canceled) by surrender of this Warrant at the principal office of the Company (or such other office or agency as the Company may designate) together with notice a properly completed and executed Notice of Exercise reflecting such election election, in which event the Company shall issue to the Holder a that number of Shares computed using the following formula: Where:

Net Issue Exercise. (a) In addition lieu of exercising this Warrant pursuant to and without limiting the rights of the Holder under the terms hereofSection 3(a), the Holder may elect to receive Shares shares equal to the value of this Warrant (or the of any portion thereof being canceledremaining unexercised) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to Holder the Holder a number of Shares shares of the Company’s Preferred Stock computed using the following formula:;

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Option, the Holder ------------------ may elect to receive Shares equal to the value of this Warrant Option (or the portion thereof being canceled) by surrender of this Warrant Option at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Shares computed using the following formula:

Net Issue Exercise. (a) In addition to and without limiting the rights of the Holder under the terms hereof, the Holder may also elect to receive Shares equal to the value of this Warrant (or the of any portion thereof being canceledremaining unexercised) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to Holder the Holder a number of Shares computed using the following formula: X = Y (A-B) ------- A Where:

Net Issue Exercise. (a) In addition to and without limiting the rights of the Holder under the terms hereof, the Holder may also elect to receive Shares shares equal to the value of this Warrant (or the of any portion thereof being canceledremaining unexercised) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to Holder the Holder a number of Shares shares of the Company’s Preferred Stock computed using the following formula:

Net Issue Exercise. (a) In addition lieu of exercising this Warrant pursuant to and without limiting the rights of the Holder under the terms hereofSection 3(a), the Holder may elect to receive Shares shares equal to the value of this Warrant (or the of any portion thereof being canceledremaining unexercised) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to Holder the Holder a number of Shares shares of the Company’s Preferred Stock computed using the following formula:

Net Issue Exercise. (a) In addition lieu of exercising this Warrant pursuant to and without limiting the rights of the Holder under the terms hereofSection 2.1, the Holder may elect to receive Shares shares of Stock equal to the value of the portion of this Warrant (or the portion thereof being canceled) exercised by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Shares shares of Stock computed using the following formula: X = Y (A-B) ------- A Where:

Net Issue Exercise. (ai) In addition in lieu of exercising this Warrant pursuant to and without limiting the rights of the Holder under the terms hereofSection 1(a), the Holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceledcancelled) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Shares shares of the Company’s Common Stock computed using the following formula:

Net Issue Exercise. (a) In addition lieu of exercising this Warrant pursuant to and without limiting the rights of the Holder under the terms hereofSection 1, the Holder may elect to receive Shares shares of Common Stock equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant during the Exercise Period at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Shares shares of the Company's Common Stock computed using the following formula: 2 X = Y (A-B) ------- A Where:

Net Issue Exercise. (a) In addition lieu of exercising this Warrant pursuant to and without limiting the rights of the Holder under the terms hereofSection 1.1, the Holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Shares shares of the Company's Common Stock computed using the following formula: X = Y (W-Z) ------- W Where:

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant with cash, the Holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of surrendering this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Shares shares of common stock computed using the following formula: X = Y (A-B) ------- A where:

Net Issue Exercise. (a) In addition lieu of exercising this Warrant pursuant to and without limiting the rights of the Holder under the terms hereofSection 1.1, the Holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Shares shares of the Company’s Common Stock computed using the following formula: X = Y (A-B) Where:

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant with cash, the ------------------ Holder may elect to receive Shares shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of surrendering this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Shares shares of common stock computed using the following formula: X = Y (A-B) ------- A where:

Net Issue Exercise. (a) In addition to and without limiting the rights lieu of the Holder under the terms hereofexercising this Warrant, the Holder may elect to receive Shares equal to the value of this Warrant (or the portion thereof being canceled) by surrender of this Warrant at the principal office of the Company together with notice of such election election, in which event the Company shall issue to the Holder a number of Warrant Shares computed using the following formula: