Common use of Reservation of Common Stock Clause in Contracts

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting the conversion of Notes, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding Notes.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting providing for the conversion of Notesthe Shares and the Commitment Fee, the full such number of shares of Common Stock then issuable upon as shall from time to time equal the number of shares sufficient to permit the conversion of all Outstanding Notesthe Shares and the Commitment Fee issued pursuant to this Agreement in accordance with their respective terms.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting providing for the conversion of Notesthe Shares and the exercise of the Warrants, the full such number of shares of Common Stock then issuable upon as shall from time to time equal the number of shares sufficient to permit the conversion of all Outstanding Notesthe Shares and the exercise of the Warrants issued pursuant to this Agreement in accordance with their respective terms.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or shares out of the Common Stock held in treasury by the Company, for the purpose of effecting the conversion of Notestreasury, the full number of shares of Common Stock then as shall from time to time be issuable upon the conversion of all Outstanding Notesissued and outstanding Debentures.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting the conversion of Notes, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding outstanding Notes.

Reservation of Common Stock. The Company shall at all times will reserve and keep availableavailable at all times, free from of preemptive rights, out rights of its authorized but unissued Common Stock refusal or shares held in treasury by the Company, for the purpose of effecting the conversion of Notesother similar rights, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding Notesthe Securities.

Reservation of Common Stock. The Company shall at all times reserve and keep availablecontinue to reserve, free from of preemptive rightsrights and other similar contractual rights of stockholders, out a number of its authorized but unissued shares of Common Stock or shares held in treasury by not less than one hundred percent (100%) of the Company, for the purpose of effecting the conversion of Notes, the full aggregate number of shares of Common Stock then issuable upon to effect the conversion of all Outstanding Notesthe Preferred Shares and one hundred percent (100%) of the aggregate number of shares of Common Stock to effect the exercise of the Warrant.

Reservation of Common Stock. The Company shall will at all times reserve and keep available, free from preemptive rightsor other rights of third parties, out for issuance upon the exercise of Warrants such number of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting the conversion of Notes, the full number of shares of Common Stock then issuable upon as will be sufficient to permit the conversion exercise in full of all Outstanding Notesoutstanding Warrants, and upon such issuance such shares of Common Stock will be validly issued, fully paid and nonassessable and free from preemptive or other rights of third parties.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting providing for the conversion of Notesthe Shares and the exercise of the Warrants, the full such number of shares of Common Stock then as shall from time to time equal the Conversion Shares and the Warrant Shares issuable upon the conversion of all Outstanding Notesfrom time to time.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting providing for the conversion of Notesthe Notes and the exercise of the Warrants, the full such number of shares of Common Stock then as shall from time to time equal the Conversion Shares issuable upon the due conversion of all Outstanding Notesthe Notes and the Warrant Shares issuable upon the due exercise of the Warrants in accordance with their respective terms.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting providing for the conversion of the Notes, the full such number of shares of Common Stock then as shall from time to time equal the Conversion Shares issuable upon the conversion of all Outstanding Notesfrom time to time.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or shares out of the Common Stock held in treasury by the Company, for the purpose of effecting the conversion of Notestreasury, the full number of shares of Common Stock then as shall from time to time be issuable upon the conversion of all Outstanding Notesissued and outstanding Series 2000-A Preferred Stock and upon the exercise of all outstanding Warrants.

Reservation of Common Stock. The Company shall at all times will reserve and keep availableavailable at all times, free from of preemptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting enabling the Company to satisfy any obligations to issue Common Stock upon conversion of Notes, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding NotesSecurities.

Reservation of Common Stock. The Company shall at all times shall reserve and keep available, free from of preemptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, solely for the purpose of effecting the issuance and delivery upon conversion of Notesthe Convertible Note and upon exercise of the Warrants, the full number of shares of Common Stock then Conversion Shares and Warrants Shares, as the case may be, from time to time issuable upon the conversion of all Outstanding Notesthe Convertible Note or upon exercise of the Warrants, in each case at the time outstanding.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting the conversion of Notes, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding NotesNotes (assuming that Physical Settlement were applicable).

Reservation of Common Stock. The Company shall at all times reserve and keep available, free and clear of all liens, security interests, charges and other encumbrances or restrictions on sale, free from preemptive rights, out a number of its authorized but unissued shares of Common Stock or that will be sufficient to satisfy its obligation to issue shares held in treasury by the Companyupon exercise of all outstanding Warrants and, for the purpose from time to time, will take all steps necessary to amend its Certificate of effecting the conversion of Notes, the full number Incorporation to provide sufficient reserves of shares of Common Stock then issuable upon exercise of the conversion of all Outstanding NotesWarrants.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, for the purpose of effecting the conversion of Notes, the full such number of shares of Common Stock then as shall from time to time equal the number of shares of Common Stock issuable upon the conversion of all Outstanding Notesas Conversion Shares and Liquidated Damage Shares pursuant to this Agreement.

Reservation of Common Stock. The Company shall at all times will reserve and keep availableavailable at all times, free from of preemptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting the conversion of Notes, the full a sufficient number of shares of Common Stock then issuable for the purpose of enabling the Company to satisfy any obligations to issue Common Stock upon the conversion of all Outstanding the Notes.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting providing for the conversion of Notesthe Note and the exercise of the Warrant, the full such number of shares of Common Stock then issuable upon as shall from time to time equal the conversion number of all Outstanding Notesshares sufficient to permit the issuance of the Conversion Shares and the Warrant Shares pursuant to the Transaction Documents in accordance with their respective terms.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, for the purpose of effecting the conversion of Notes, the full such number of shares of Common Stock then as shall from time to time equal the number of shares of Common Stock issuable upon as Conversion Securities pursuant to this Agreement and the conversion of all Outstanding NotesDebentures.

Reservation of Common Stock. The Company shall at all times shall reserve and keep available, free from of preemptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, solely for the purpose of effecting the issuance and delivery upon conversion of Notesthe Preferred Shares and upon exercise of the Warrants, the full number of shares of Common Stock then from time to time issuable upon the conversion of all Outstanding Notesof the Preferred Shares or upon exercise of the Warrants, in each case at the time outstanding.

Reservation of Common Stock. The Company shall at all times will reserve and keep availableavailable at all times, free from of preemptive or other similar rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting the conversion of Notes, the full a sufficient number of shares of Common Stock, for the purposes of enabling the Company to satisfy any obligations to issue Underlying Common Stock then issuable upon the conversion of all Outstanding Notesthe Securities.

Reservation of Common Stock. The Company shall will at all times have authorized, and reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting enabling it to satisfy any obligation to issue Common Stock upon a redemption of the conversion of NotesSeries C Preferred, the full number of shares of Common Stock then issuable deliverable upon the conversion redemption of all Outstanding Notesoutstanding shares of Series C Preferred.

Reservation of Common Stock. The Company shall at all times ---------------------------- reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the CompanyStock, for the purpose of effecting the conversion of Notesthe Security, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding Notesthis Security.

Reservation of Common Stock. The Company shall at all times reserve --------------------------- and keep available, free from preemptive rights, available out of its authorized but and unissued Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting the conversion of Notesthe Note, the full such number of shares of Common Stock then as shall, from time to time, be sufficient therefor. The Company covenants that all shares of Common Stock issuable upon the conversion of all Outstanding NotesNote, upon receipt by the Company of the Notes surrendered for conversion, shall be validly issued, fully paid, nonassessable, and free of preemptive rights.

Reservation of Common Stock. The Company shall at all times will reserve and keep availableavailable at all times, free from of any preemptive rights, out shares of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting enabling the conversion of Notes, the full number of Company to satisfy any obligations to issue shares of Common Stock then issuable upon the conversion of all Outstanding Notesthe Shares.

Reservation of Common Stock. The Company shall at all times reserve and keep availableprovide, free from preemptive rights, out of its the Company’s authorized but unissued Common Stock shares or shares held in treasury by the Companytreasury, for the purpose of effecting the conversion of Notes, the full number of sufficient shares of Common Stock then issuable upon the to provide for conversion of the Notes from time to time as such Notes are presented for conversion (expressed in thousands and assuming delivery of the maximum number of Additional Shares pursuant to Section 8.03 and that at the time of computation of such number of shares, all Outstanding Notessuch Notes would be converted by a single Holder and that Physical Settlement were applicable).

Reservation of Common Stock. The Company shall at all times To reserve and keep availableavailable at all times, free from of preemptive rights, out shares of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting enabling the Company to satisfy all obligations to issue the Underlying Securities upon conversion of Notes, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding Notes.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting providing for the conversion of Notesthe Notes and exercise of the Warrants, the full such number of shares of Common Stock then as shall from time to time equal the Conversion Shares and Warrant Shares issuable upon the conversion of all Outstanding Notesfrom time to time.

Reservation of Common Stock. (a) The Company shall at all times reserve and keep available, free from preemptive rights, out of its the authorized but unissued Common Stock or shares held in treasury by the CompanyStock, for the purpose of effecting the conversion of the Notes, the full maximum number of shares of Common Stock then issuable which the Company would be required to deliver upon the conversion of all Outstanding Notesthe Notes in accordance with Section 13.

Reservation of Common Stock. The Company shall at all times will reserve and keep availableavailable at all times, free from of preemptive or other similar rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting the conversion of Notes, the full a sufficient number of shares of Common Stock then for the purpose of enabling the Company to satisfy any obligations to issue the Common Stock issuable upon the conversion of all Outstanding Notesthe Securities.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting the conversion exercise of Notesthe Warrants, the full number of shares of its Common Stock then issuable upon the conversion exercise of the Warrants. All shares of Common Stock which are so issuable shall, when issued upon the exercise of the Warrants, be duly and validly issued, fully paid and nonassessable and free from all Outstanding Notestaxes, liens and charges.

Reservation of Common Stock. (a) The Company shall at all times reserve and keep available, free from all liens, charges and security interests and not subject to any preemptive rights, out of the aggregate of its authorized but unissued shares of Common Stock or its issued shares of Common Stock held in treasury by the Companyits treasury, or both, solely for the purpose of effecting the conversion of NotesSeries A Preferred Stock, the full number of shares of Common Stock then issuable deliverable upon the conversion of all Outstanding Notesoutstanding shares of Series A Preferred Stock.

Reservation of Common Stock. The Company shall at all times will reserve and keep availableavailable at all times, free from of preemptive or other similar rights, out a sufficient number of its authorized but and unissued shares of Common Stock or shares held in treasury by the Company, for the purpose of effecting enabling the conversion of Notes, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding NotesCompany to satisfy any obligations to issue Conversion Shares.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, for the purpose of effecting the conversion of Notes, the full such number of shares of Common Stock then as shall from time to time equal the number of shares of Common Stock issuable upon the conversion of all Outstanding Notesas Warrant Shares and Conversion Securities pursuant to this Agreement.

Reservation of Common Stock. The Company shall at all times reserve and keep availableavailable at all times, free from of preemptive rights, out shares of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting enabling the conversion of Notes, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding NotesCompany to satisfy its obligations under this Agreement and any Confirmation (including with respect to each Supplemental Confirmation executed in connection with any Master Forward Confirmation).

Reservation of Common Stock. The At all times the Company shall will at all times reserve and keep available, free from preemptive rights, out of the aggregate of its authorized but unissued Common Stock or shares and Common Stock held in treasury by the Companyits treasury, for the purpose of effecting enabling it to satisfy any obligation to issue Common Stock upon the conversion exercise of NotesWarrants, the full maximum number of shares of Common Stock then issuable which are required to be delivered upon the conversion exercise of all Outstanding Notesoutstanding Warrants.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting providing for the conversion of Notesthe Notes and exercise of the Warrants, the full such number of shares of Common Stock then as shall from time to time equal the Note Shares and Warrant Shares issuable upon the conversion of all Outstanding Notesfrom time to time.

Reservation of Common Stock. The Company shall at all times will reserve and keep availableavailable at all times, free from of preemptive or other similar rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting the conversion of Notes, the full a sufficient number of shares of Common Stock, for the purposes of enabling the Company to satisfy any obligations to issue Common Stock then issuable upon the conversion of all Outstanding Notesthe Securities.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive pre-emptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the CompanyStock, for the purpose of effecting the conversion of Notesthis Debenture, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding Notessuch conversion.

Reservation of Common Stock. The Company shall at all times shall --------------------------- reserve and keep available, free from of preemptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, solely for the purpose of effecting the issuance and delivery upon conversion of Notesthe Preferred Shares and upon exercise of the Warrants, the full number of shares of Common Stock then from time to time issuable upon the conversion of all Outstanding Notesof the Preferred Shares or upon exercise of the Warrants, in each case at the time outstanding.

Reservation of Common Stock. The Company shall at all times will reserve and keep availableavailable at all times, free from preemptive of pre-emptive rights, out shares of its authorized but unissued Common Stock or shares held in treasury by equal to the Company, maximum number of Underlying Securities for the purpose of effecting enabling the Company to satisfy all obligations to issue the Underlying Securities upon conversion of Notes, the full number of Securities The Company will use its best efforts to cause any such shares of Common Stock then issuable to be listed on Nasdaq upon the conversion of all Outstanding Notesissuance.

Reservation of Common Stock. The Company shall at all times will reserve and keep availableavailable at all times, free from preemptive of pre-emptive or other similar rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting the conversion of Notes, the full a sufficient number of shares of Common Stock, for the purposes of enabling the Company to satisfy any obligations to issue Common Stock then issuable upon the conversion of all Outstanding Notesthe Securities.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting providing for the conversion of Notesthe Notes and the exercise of the Warrants, the full such number of shares of Common Stock then as shall from time to time equal the Conversion Shares and the Warrant Shares issuable upon the conversion of all Outstanding Notesfrom time to time.

Reservation of Common Stock. The Company shall at all times will reserve and keep availableavailable at all times, free from of preemptive rights, out shares of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting enabling the conversion of Notes, the full number of shares of Common Stock then issuable Company to satisfy any obligations to issue Conversion Shares upon the conversion of all Outstanding Notesthe Securities.

Reservation of Common Stock. (a) The Company shall at all times reserve and keep available, free from all liens, charges and security interests and not subject to any preemptive rights, out of the aggregate of its authorized but unissued shares of Common Stock or its issued shares of Common Stock held in treasury by the Companyits treasury, or both, solely for the purpose of effecting the conversion of NotesSeries D Preferred Stock, the full number of shares of Common Stock then issuable deliverable upon the conversion of all Outstanding Notesoutstanding shares of Series D Preferred Stock.

Reservation of Common Stock. The Company shall at all times will reserve and keep availableavailable at all times, free from preemptive of pre-emptive rights, out shares of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting enabling the Company to satisfy all obligations to issue the Underlying Securities upon conversion of Notes, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding NotesSecurities.

Reservation of Common Stock. (a) The Company shall at all times reserve and keep available, free from all liens, charges and security interests and not subject to any preemptive rights, out of the aggregate of its authorized but unissued shares of Common Stock or its issued shares of Common Stock held in treasury by the Companyits treasury, or both, solely for the purpose of effecting the conversion of NotesSeries C Preferred Stock, the full number of shares of Common Stock then issuable deliverable upon the conversion of all Outstanding Notesoutstanding shares of Series C Preferred Stock.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting issuance upon the conversion of Notesthe Shares, one hundred percent (100%) of the full applicable number of shares of Common Stock then issuable as is expressly permitted to be issued from time to time upon the conversion of all Outstanding Notesthe Shares outstanding at the time, in accordance with the Statement of Designation.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting providing for the conversion of the Notes, the full such number of shares of Common Stock then issuable upon as shall from time to time equal the conversion number of all Outstanding NotesConversion Shares in accordance with their terms.

Reservation of Common Stock. (a) The Company shall will at all times reserve and keep available, free from preemptive rights, out of the aggregate of its authorized but unissued shares of Common Stock or and shares of Common Stock held in treasury by the Companyits Treasury, for the purpose of effecting enabling it to satisfy all obligations to issue shares of Common Stock upon the conversion exercise of Notes, Warrants the full maximum number of shares of Common Stock then issuable which are required to be delivered upon the conversion exercise of all Outstanding Notesoutstanding Warrants.

Reservation of Common Stock. The Company Corporation shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, for the purpose of effecting the conversion of the Notes, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding Notesoutstanding Notes and shall take all action necessary so that shares of Common Stock so issued will be validly issued, fully paid, and nonassessable.

Reservation of Common Stock. The Company shall at all times will reserve and keep availableavailable at all times, free from of preemptive rights, out a sufficient number of its authorized but unissued shares of Class B Common Stock or shares held in treasury by the Company, for the purpose of effecting enabling the Company to satisfy any obligations to issue Class B Common Stock upon conversion of Notes, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding NotesSecurities.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting providing for the conversion of Notesthe Notes and the exercise of the Warrants, the full such number of shares of Common Stock then issuable upon as shall from time to time equal the conversion of Conversion Shares, the Interest Shares (assuming all Outstanding Notesinterest on the Notes is paid in Interest Shares) and the Warrant Shares.

Reservation of Common Stock. The Company shall at all times --------------------------- reserve and keep availablefor issuance, free from preemptive rightsrights and other rights to preempt or subscribe, out of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting the conversion of Notes, the full a number of shares of Common Stock then at least equal to the number of shares of Common Stock issuable upon conversion or exercise of the conversion of all Outstanding NotesConvertible Notes after giving effect to any anti-dilution adjustments then in effect.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of the aggregate of its authorized but unissued Common Stock or shares held in treasury by the CompanyStock, for the purpose of effecting the conversion of Notes, the full a number of shares of Common Stock then issuable which may be deliverable upon the conversion of all Outstanding the Convertible Notes.

Reservation of Common Stock. (a) The Company shall at all times reserve and keep available, free from all liens, charges and security interests and not subject to any preemptive rights, out of the aggregate of its authorized but unissued shares of Common Stock or its issued shares of Common Stock held in treasury by the Companyits treasury, or both, solely for the purpose of effecting the conversion of NotesSeries B Preferred Stock, the full number of shares of Common Stock then issuable deliverable upon the conversion of all Outstanding Notesoutstanding shares of Series B Preferred Stock.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the CompanyStock, for the purpose of effecting the conversion exercise of Notesthis Warrant, the full number of shares of Common Stock then issuable upon the conversion exercise of all Outstanding Notesthis Warrant.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting the conversion of NotesDebentures, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding Notesoutstanding Debentures.

Reservation of Common Stock. The Company shall at all times reserve and keep availableavailable out of its authorized but unissued shares of Common Stock for issuance under this Agreement, free from preemptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting the conversion of Notes, the full a number of shares of Common Stock then issuable upon equal to the conversion number of all Outstanding NotesRestricted Shares to be issued hereunder.

Reservation of Common Stock. The Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting providing for the conversion of Notesthe Notes and the Shares and the exercise of the Warrants, the full such number of shares of Common Stock then issuable upon as shall from time to time equal the conversion number of all Outstanding Notesshares sufficient to permit the issuance of the Conversion Shares and the Warrant Shares pursuant to the Transaction Documents in accordance with their respective terms.

Reservation of Common Stock. The From and after the receipt of Stockholder Approval, the Company shall at all times reserve and keep availableavailable at all times, free from of preemptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the Company, for the purpose of effecting the conversion of Notes, the full a sufficient number of shares of Common Stock then issuable upon for the conversion purpose of all Outstanding Notesenabling the Company to issue Conversion Shares.

Reservation of Common Stock. The Company shall at all times --------------------------- reserve and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or shares held in treasury by the CompanyStock, for the purpose of effecting the conversion of Notesthe Security, the full number of shares of Common Stock then issuable upon the conversion of all Outstanding Notesthis Security.

Reservation of Common Stock. The Company shall at all times reserve , and keep available, free from preemptive rights, out of its authorized but unissued Common Stock or shares out of the Common Stock held in treasury by the Company, for the purpose of effecting the conversion of Notestreasury, the full number of shares of Common Stock then as shall from time to time be issuable upon the conversion of all Outstanding Notesissued and outstanding Debentures.

Reservation of Common Stock. The From and after the date of the receipt of the Stockholder Approval, the Company shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but unissued shares of Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting providing for the conversion of the Notes, and the full exercise of the Warrants, such number of shares of Common Stock then issuable upon as shall from time to time equal the conversion of all Outstanding NotesConversion Shares, and the Warrant Shares.

Reservation of Common Stock. The Company currently has and shall at all times reserve and keep available, free from preemptive rights, available out of its authorized but and unissued Common Stock or shares held in treasury by the CompanyStock, solely for the purpose of effecting providing for the conversion exercise of Notesthe warrants, the full such number of shares of Common Stock then as shall, from time to time, be sufficient therefor. The Company covenants that all shares of Common Stock issuable upon exercise of this Warrant, upon receipt by the conversion Company of all Outstanding Notesthe full payment therefor, shall be validly issued, fully paid, nonassessable and free of preemptive rights.