Common use of Optional Exercise; Issuance of Certificates; Payment for Shares; Additional Warrants Clause in Contracts

Optional Exercise; Issuance of Certificates; Payment for Shares; Additional Warrants. The rights represented by this Warrant may be exercised by the Holder hereof, in whole or in part (but not as to a fractional share of Common Stock), by the surrender of this Warrant (properly endorsed if required) (or, in the event that such Warrant has been lost, stolen or destroyed, the Holder shall execute an agreement reasonably satisfactory to the Company to indemnify the Company from any loss incurred by it resulting from the fact that such Warrant has been lost, stolen or destroyed), together with a completed Exercise Agreement in the form attached hereto as Exhibit A (the "Exercise Agreement") at the office of the Company at 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000, Xxxx Xxxxxxxxxx, XX 00000 (or such other office or agency of the Company as it may designate by notice in writing to the Holder hereof at the address of such Holder appearing on the books of the Company at any time within the Exercise Period) and upon (i) payment to the Company of the purchase price for such shares in cash, check or wire transfer of immediately available funds or (ii) by delivery to the Company of a completed Exercise Agreement indicating the Holder's intention to effect a Cashless Exercise (as defined in, and in accordance with the provisions of, Section 1(c) below), for the number of Warrant Shares indicated in the Exercise Agreement. The Company agrees that the Warrant Shares so purchased shall be and are deemed to be issued to the Holder hereof as the record owner of such shares as of the close of business on the date on which this Warrant shall have been surrendered and payment made for such shares as aforesaid. Certificates for the shares of stock so purchased shall be delivered to the Holder hereof at the address specified by the Holder within a reasonable time, not exceeding ten days, after the rights represented by this Warrant shall have been so exercised, and, unless this Warrant has expired, a new Warrant representing the number of shares, if any, with respect to which this Warrant shall not then have been exercised shall also be delivered to the Holder hereof within such time.

Optional Exercise; Issuance of Certificates; Payment for Shares; Additional Warrants. The rights represented by this Warrant may be exercised by the Holder hereof, in whole or in part (but not as to a fractional share of Common Stock), by the surrender of this Warrant (properly endorsed if required) (or, in the event that such Warrant has been lost, stolen or destroyed, the Holder shall execute an agreement reasonably satisfactory to the Company to indemnify the Company from any loss incurred by it resulting from the fact that such Warrant has been lost, stolen or destroyed), together with a completed Exercise Agreement in the form attached hereto as Exhibit A (the "Exercise Agreement") at the office of the Company at 000 Xxxxxxxxxxxx 0000 Xxxxxx Xxxxxx, Xxxxx 000Suite 396, Xxxx XxxxxxxxxxConshohoken, XX 00000 PA 19428 (or such other office or agency of the Company as it may designate by notice in writing to the Holder hereof at the address of such Holder appearing on the books of the Company at any time within the Exercise Period) and upon (i) payment to the Company of the purchase price for such shares in cash, check or wire transfer of immediately available funds or (ii) by delivery to the Company of a completed Exercise Agreement indicating the Holder's intention to effect a Cashless Exercise (as defined in, and in accordance with the provisions of, Section 1(c) below), for the number of Warrant Shares indicated in the Exercise Agreement. The Company agrees that the Warrant Shares so purchased shall be and are deemed to be issued to the Holder hereof as the record owner of such shares as of the close of business on the date on which this Warrant shall have been surrendered and payment made for such shares as aforesaid. Certificates for the shares of stock so purchased shall be delivered to the Holder hereof at the address specified by the Holder within a reasonable time, not exceeding ten days, after the rights represented by this Warrant shall have been so exercised, and, unless this Warrant has expired, a new Warrant representing the number of shares, if any, with respect to which this Warrant shall not then have been exercised shall also be delivered to the Holder hereof within such time.

Optional Exercise; Issuance of Certificates; Payment for Shares; Additional Warrants. The rights represented by this Warrant may be exercised by the Holder hereof, in whole or in part (but not as to a fractional share of Common Stock), by the surrender of this Warrant (properly endorsed if required) (or, in the event that such Warrant has been lost, stolen or destroyed, the Holder shall execute an agreement reasonably satisfactory to the Company to indemnify the Company from any loss incurred by it resulting from the fact that such Warrant has been lost, stolen or destroyed), together with a completed Exercise Agreement in the form attached hereto as Exhibit A (the "Exercise Agreement") at the office of the Company at 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000, Xxxx Xx. Xxxxxxxxxx, XX 00000 (or such other office or agency of the Company as it may designate by notice in writing to the Holder hereof at the address of such Holder appearing on the books of the Company at any time within the Exercise Period) and upon (i) payment to the Company of the purchase price for such shares in cash, check or wire transfer of immediately available funds or (ii) by delivery to the Company of a completed Exercise Agreement indicating the Holder's intention to effect a Cashless Exercise (as defined in, and in accordance with the provisions of, Section 1(c) below), for the number of Warrant Shares indicated in the Exercise Agreement. The Company agrees that the Warrant Shares so purchased shall be and are deemed to be issued to the Holder hereof as the record owner of such shares as of the close of business on the date on which this Warrant shall have been surrendered and payment made for such shares as aforesaid. Certificates for the shares of stock so purchased shall be delivered to the Holder hereof at the address specified by the Holder within a reasonable time, not exceeding ten (10) days, after the rights represented by this Warrant shall have been so exercised, and, unless this Warrant has expired, a new Warrant representing the number of shares, if any, with respect to which this Warrant shall not then have been exercised shall also be delivered to the Holder hereof within such time.

Optional Exercise; Issuance of Certificates; Payment for Shares; Additional Warrants. The rights represented by this Warrant may be exercised by the Holder hereof, in whole or in part (but not as to a fractional share of Common Stock), by the surrender of this Warrant (properly endorsed if required) (or, in the event that such Warrant has been lost, stolen or destroyed, the Holder shall execute an agreement reasonably satisfactory to the Company to indemnify the Company from any loss incurred by it resulting from the fact that such Warrant has been lost, stolen or destroyed), together with a completed Exercise Agreement in the form attached hereto as Exhibit A (the "Exercise Agreement") at the office of the Company at 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000, Xxxx Xxxxxxxxxx, XX 00000 (or such other office or agency of the Company as it may designate by notice in writing to the Holder hereof at the address of such Holder appearing on the books of the Company at any time within the Exercise Period) and upon (i) payment to the Company of the purchase price for such shares in cash, check or wire transfer of immediately available funds funds; (ii) in the case of exercise during an Exercise Period commencing as described in Section 2(a)(i)(B) or 2(a)(iii) hereof, payment to the Company of the purchase price for such shares by delivery of an executed note (an "Exercise Note") substantially in the form of Exhibit B attached hereto and an executed pledge agreement (an "Exercise Pledge Agreement") substantially in the form of Exhibit C attached hereto; or (iiiii) by delivery to the Company of a completed Exercise Agreement indicating the Holder's intention to effect a Cashless Exercise (as defined in, and in accordance with the provisions of, Section 1(c) below), for the number of Warrant Shares indicated in the Exercise Agreement. The Company agrees that the Warrant Shares so purchased shall be and are deemed to be issued to the Holder hereof as the record owner of such shares as of the close of business on the date on which this Warrant shall have been surrendered and payment made for such shares as aforesaidaforesaid (the "Exercise Date"). Certificates for the shares of stock so purchased shall be delivered to the Holder hereof at the address specified by the Holder within a reasonable time, not exceeding ten days, after the rights represented by this Warrant shall have been so exercisedExercise Date, and, unless this Warrant has expired, a new Warrant representing the number of shares, if any, with respect to which this Warrant shall not then have been exercised shall also be delivered to the Holder hereof within such time.