Common use of Reservation of Stock Issuable on Exercise of Warrant Clause in Contracts

Reservation of Stock Issuable on Exercise of Warrant. The Company will at all times reserve and keep available, solely for issuance and delivery on the exercise of the Warrant, a number of shares of Convertible Non-Voting Common Stock equal to the total number of shares of Convertible Non-Voting Common Stock from time to time issuable upon exercise of this Warrant and the number of Other Securities which at any time may be issuable hereunder, and, from time to time, will take all steps necessary to amend its Certificate of Incorporation to provide sufficient reserves of shares of Common Stock issuable upon exercise of the Warrant and upon the conversion of shares of one class of Common Stock into shares of the other class of Common Stock, as provided in its Certificate of Incorporation.

Reservation of Stock Issuable on Exercise of Warrant. The Company will at all times reserve and keep available, solely for issuance and delivery on the exercise of the Warrant, a number of shares of Convertible Non-Voting Common Stock equal to the total number of shares of Convertible Non-Voting Common Stock from time to time issuable upon exercise of this Warrant and the number of Other Securities which at any time may be issuable hereunder, and, from time to time, will take all steps necessary to amend its Certificate of Incorporation to provide sufficient reserves of shares of Common Stock issuable upon exercise of the Warrant and upon the conversion of shares of one class of Common Stock into shares of the other class of Common Stock, as provided in its Certificate of Incorporation.