Common use of Reservation of Shares Clause in Contracts

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than, as of the date hereof, such number of shares of Common Stock equal to one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed as shall from time to provide for time be sufficient to effect the issuance exercise of the Conversion Shares and the Warrant SharesWarrants then outstanding.

Reservation of Shares. So long as any of the Notes Preferred Shares or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty fifty percent (120150%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes Preferred Shares or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty ten percent (120110%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes Preferred Shares or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 110% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares upon conversion of the entire outstanding Note (without regard to any limitations on conversions) and 110% of the number of shares of Common Stock needed to provide for the issuance of the Warrant SharesShares upon exercise of all outstanding Warrant (without regard to any limitations on exercises).

Reservation of Shares. So long as any of the Notes Preferred Shares or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120100%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 130% of the aggregate sum of the number of shares of Common Stock needed to provide for the issuance issuable (i) upon conversion of the Notes issued at the Closing and (ii) upon exercise of the Warrants issued at the Closing (without taking into account any limitations on the Conversion Shares of the Notes or exercise of the Warrants set forth in the Notes and the Warrant SharesWarrants, respectively).

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty fifty percent (120150%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120100%) of the aggregate number of shares of Common Stock needed to provide for the issuance issuable upon exercise of the Conversion Shares and the Warrant SharesWarrants.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent no less than the sum of (120%1) 130% of the aggregate number of shares of Common Stock needed to provide for the issuance issuable upon conversion of the Conversion issued and outstanding Shares, (2) 130% of the number of Dividend Shares issuable pursuant to the terms of the Shares and (3) 130% of the Warrant Sharesnumber of shares of Common Stock issuable upon exercise of the issued and outstanding Warrants.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action --------------------- necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 200% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares (without regard to any limitations on conversions) and 100% of the number of shares of Common Stock needed to provide for the issuance of the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes Preferred Shares or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 100% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes Preferred Shares or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, an amount equal to at least one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed as shall from time to time be sufficient to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So At all times for so long as any of the Notes Note (or Warrants remain any portion thereof) remains outstanding, the Company shall take all action actions necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120100%) of the aggregate number of shares of Common Stock Class A Ordinary Shares needed to provide for the complete issuance of the Conversion Shares and the Warrant Sharesunderlying such Notes.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action actions necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty ten percent (120110%) of the aggregate number of shares of Common Stock needed to provide for the complete issuance of the Conversion Note Shares and the Warrant SharesShares underlying such outstanding Notes and Warrants.

Reservation of Shares. So Subject to Section 3.21 hereof, so long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes Preferred Shares or Warrants remain outstanding, the Company shall take all action actions necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty ten percent (120110%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes Common Shares or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 100% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Common Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) of no less than the aggregate Required Reserved Amount. If at any time the number of shares of Common Stock needed authorized and reserved for issuance is not sufficient to provide for meet the issuance Required Reserved Amount, the Company will promptly take all corporate action necessary to authorize and reserve a sufficient number of the Conversion Shares and the Warrant Sharesshares.

Reservation of Shares. So long as any of the Notes Preferred --------------------- Shares or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 200% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 130% of the aggregate number of shares of Common Stock needed to provide for the issuance issuable upon conversion of all of the Conversion Shares Notes and issuable upon exercise of the Warrant SharesWarrants then outstanding (without taking into account any limitations on the conversion of the Notes or exercise of the Warrants set forth in the Notes and Warrants, respectively).

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (no less than 120%) % of the aggregate sum of the number of shares of Common Stock needed to provide for the issuance issuable upon conversion of the Notes issued at the Closing (without taking into account any limitations on the Conversion Shares and of the Warrant SharesNotes set forth in the Notes).

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to --------------------- at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 125% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion shares of Common Stock upon conversion of all outstanding Preferred Shares and the Warrant Shares(without regard to any limitations on conversions).

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120100%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares upon conversion of all of the Shares and the Warrant SharesStock without regard to any limitations on conversions or exercise.

Reservation of Shares. So At all times for so long as any of the Notes Note (or Warrants remain any portion thereof) remains outstanding, the Company shall take all action actions necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120100%) of the aggregate number of shares of Common Stock Class A Ordinary Shares needed to provide for the complete issuance of the Conversion Shares and underlying the Warrant SharesNotes.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 200% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and 150% of the number of shares of Common Stock needed to provide for the issuance of the Warrant SharesShares (without regard to any limitations on conversions or exercises).

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So As long as any of the Convertible Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized and from time to time to have authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 100% of the aggregate number of shares of Common Stock needed to provide for the issuance issuable upon conversion of the Conversion Shares Convertible Notes and exercise of the Warrant SharesWarrants ( Convertible Notes and Warrants are converted and exercisable in full and without regard to any limitations on the exercise of the Warrants set forth therein).

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action actions necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty five percent (120105%) of the aggregate number of shares of Common Stock (the “Reservation Amount”) needed to provide for the issuance of the Conversion Shares upon conversion of all issued and outstanding Convertible Notes, if any, and for the issuance of the Warrant SharesShares upon the exercise of all issued and outstanding Warrants, without regard to any limitations on such conversions or on the exercise of such Warrants, as the case may be.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 200% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares upon conversion of all outstanding Notes (without regard to any limitations on conversions) and 200% of the number of shares of Common Stock needed to provide for the issuance of the Warrant SharesShares upon exercise of all outstanding Warrants (without regard to any limitations on exercises).

Reservation of Shares. So Upon determining the number of shares issuable upon exercise of the Warrants and continuing for so long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty ten percent (120110%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So At all times for so long as any of the Notes Note (or Warrants remain any portion thereof) remains outstanding, the Company shall take all action actions necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 100% of the aggregate number of shares of Common Stock Class A Ordinary Shares needed to provide for the complete issuance of the Conversion Shares and Securities underlying the Warrant SharesNotes.

Reservation of Shares. So long as any shares of the Notes or Warrants Preferred Stock remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 125% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes Preferred Shares or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty ten percent (120110%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 150% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 200% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes Convertible Debentures or Warrants remain outstanding, the Company shall take all action actions necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty ten percent (120110%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain Warrant remains outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent no less than (120%i) of the aggregate such number of shares of Common Stock needed equal to provide for the issuance one hundred percent (100%) of the Conversion Shares and number of shares of Common Stock as shall from time to time be sufficient to effect the exercise of the Warrant Sharesin full.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) 125% of the aggregate number of shares of Common Stock needed to provide for the issuance issuable upon conversion of the Conversion Shares and Notes being issued at the Warrant SharesClosing.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (no less than 120%) % of the aggregate number of shares of Common Stock needed to provide for the issuance issuable upon exercise of the Conversion Shares and Warrants issued at the Warrant SharesClosing (without taking into account any limitations on exercise of the Warrants set forth in the Warrants).

Reservation of Shares. So long as any of the Notes ---------------------- or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty percent (120%) of the aggregate a sufficient number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants Preferred Shares remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (no less than 120%) % of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any portion of the Notes or Warrants remain Warrant remains outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120100%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Warrant Shares and the Warrant Sharesand, if declared, that number of additional shares as is necessary to issue dividends in shares of Common Stock.

Reservation of Shares. So long as any of the Notes Note Shares or Warrants remain outstanding, the Company shall take all action actions necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty ten percent (120110%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Note Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty fifty percent (120150%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants Preferred Shares remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty ten percent (120110%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants Preferred Shares remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) of the aggregate a sufficient number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 110% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares upon conversion of all outstanding Notes (without regard to any limitations on conversions) and 110% of the number of shares of Common Stock needed to provide for the issuance of the Warrant SharesShares upon exercise of all outstanding Warrants (without regard to any limitations on exercises).

Reservation of Shares. So long as any of the Notes Preferred Shares or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 150% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.of

Reservation of Shares. So long as any of the Notes Preferred Shares or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 110% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes Preferred Shares or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 150% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) of the aggregate number of 20,000,000 shares of Common Stock needed to provide for effect the issuance conversion of the Conversion Shares Notes and any interest accrued and outstanding thereon and exercise of the Warrant SharesWarrants.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 130% of the aggregate number of shares of Common Stock needed to provide for the issuance issuable upon conversion of the Conversion Shares issued and the Warrant Sharesoutstanding Notes.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action reasonably necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) of the aggregate that number of shares of Common Stock needed equal to provide for equal to the issuance sum of the Conversion number of Bridge Shares and Shares to be issued upon conversion of the Warrant SharesNotes.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 200% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares (without regard to any limitations on conversion) and 100% of the number of shares of Common Stock needed to provide for the issuance of the Warrant Shares.

Reservation of Shares. So long as any of the Notes Note or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty fifty percent (120150%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes Note or Warrants Warrant remain outstanding, the Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes Preferred Shares, Preferred Warrant Shares or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120100%) of the aggregate number of shares of Common Stock Ordinary Shares needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants Series A Shares remain outstanding, the Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty percent (120100%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company The company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) of the aggregate no less than 3,343,782 or such greater number of shares of Common Stock needed to provide for the issuance of the Conversion Common Shares and the Warrant Warrants Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty percent (120100%) of the aggregate number of shares of Common Stock needed to provide for the issuance of (a) shares of Common Stock issuable upon conversion of the Conversion Shares Notes, and (b) the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 130% of the aggregate sum of the number of Interest Shares issuable pursuant to the terms of the Notes, shares of Common Stock needed to provide for the issuance issuable upon conversion of the Conversion Shares Note and shares of Common Stock issuable upon exercise of the Warrant SharesWarrants.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, on and after the Amendment Date, the Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes Purchaser holds any Shares or Warrants remain outstandingWarrants, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 133% of the aggregate sum of (i) the maximum number of shares of Common Stock needed to provide for issuable upon conversion of all the issuance Notes and (ii) the maximum number of shares of Common Stock issuable upon exercise of all the Conversion Shares and the Warrant SharesWarrants.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 175% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Note Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action actions necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty twenty-five percent (120125%) of the aggregate number of shares of Common Stock (the “Reservation Amount”) needed to provide for the issuance of the Conversion Shares and upon conversion of all of the Warrant SharesNotes without regard to any limitations on conversions.

Reservation of Shares. So long as any of the Notes or Warrants Preferred Shares remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 100% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes Preferred Shares or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent ­ (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary --------------------- to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 200% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares shares of Common Stock upon conversion of all outstanding Convertible Notes (without regard to any limitations on conversions) and 100% of the Warrant Sharesnumber of shares of Common Stock needed to provide for the issuance of the shares of Common Stock upon exercise of all outstanding Warrants (without regard to any limitations on exercises).

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent no less than the sum of (120%A) of 200% the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and (B) 100% the number of shares of Common Stock needed to provide for the issuance of the Warrant SharesShares (without regard to any limitations on conversions or exercise thereof).

Reservation of Shares. So long as any of the Notes Preferred Shares or Warrants remain the Warrant remains outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (no less than 120%) % of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares., subject to the current lack of sufficient authorized and unissued shares of common stock and the Company’s covenants with respect thereto set forth in Section 1.3. Note and Warrant Purchase Agreement

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 150% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion shares of Common Stock upon conversion of all outstanding Preferred Shares (without regard to any limitations on conversions) and 100% of the Warrant Sharesnumber of shares of Common Stock needed to provide for the issuance of the shares of Common Stock upon exercise of all outstanding Warrants (without regard to any limitations on exercises).

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 150% of the aggregate number of shares of Common Stock then needed to provide for the issuance of the Conversion Shares and the Warrant SharesShares upon the conversion or exercise, as applicable, of the Preferred Shares and Warrants then outstanding.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, on and after the Amendment Date, the Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain Note remains outstanding, the Company shall take all action actions necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120100%) of the aggregate number of shares of Common Stock needed to provide for the complete issuance of the Conversion Shares and the Warrant Sharesunderlying such outstanding Note.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Note Payment Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) % of the aggregate number of shares of Common Stock needed to provide for the issuance issuable upon conversion of the Conversion Shares and Notes being issued at the Warrant SharesClosing.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times to have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) of no less than the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) of no less than the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain Warrant remains outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120100%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes Preferred Shares or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty thirty percent (120130%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or the Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty fifty percent (120150%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 110% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Replacement Warrant Shares and the Warrant Sharesupon exercise of all outstanding Replacement Warrants (without regard to any limitations on exercises).

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) 200% of the aggregate maximum number of shares of Common Stock needed to provide for effect the issuance conversion of the Conversion Shares Notes and any interest accrued and outstanding thereon and exercise of the Warrant SharesWarrants.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the The Company shall take all action --------------------- necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) no less than 100% of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares upon conversion of the outstanding Notes and Warrant Shares upon exercise of the Warrant Sharesoutstanding Warrants.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized and reserved for the purpose of issuance, one hundred twenty percent (120100%) of the aggregate number of shares of Common Stock Ordinary Shares needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have 2,200,000 shares of Common Stock authorized and reserved for the purpose of issuance, one hundred twenty percent (120%) and if necessary, shall seek authorization at the next scheduled annual meeting of its shareholders to increase the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized and reserved solely for the purpose of issuanceissuance of the Conversion Shares and the Warrant Shares, one hundred twenty ten percent (120110%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and one hundred percent (100%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Warrant Shares, free and clear of any preemptive rights.

Reservation of Shares. So long as any of the Notes Purchaser holds any Preferred Shares or Warrants remain outstandingWarrants, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty percent (120%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.

Reservation of Shares. So long as any of the Notes Note or Warrants remain Warrant --------------------- remains outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, one hundred twenty percent (120%) 200% of the aggregate maximum number of shares of Common Stock needed to provide for effect the issuance conversion of the Conversion Shares Note and any interest accrued and outstanding thereon and exercise of the Warrant SharesWarrant.

Reservation of Shares. So long as any of the Notes or Warrants remain outstanding, the Company shall take all action necessary to at all times have authorized authorized, and reserved for the purpose of issuance, no less than one hundred twenty ten percent (120110%) of the aggregate number of shares of Common Stock needed to provide for the issuance of the Conversion Shares and the Warrant Shares.