Common use of Standard Method Clause in Contracts

Standard Method. The purchase right represented by this Warrant --------------- may be exercised by the holder hereof, in whole or in part and from time to time, by either, at the election of the holder hereof, (a) the surrender of this Warrant (with the notice of exercise form attached hereto as Exhibit A-1 duly executed) at the principal office of the Company and by the payment to the Company, by check or by wire transfer, of an amount equal to the then applicable Warrant Price per share multiplied by the number of Shares then being purchased or (b) if in connection with a registered public offering of the Company's securities (provided that such offering includes Shares and that the holder shall have elected to participate therein pursuant to the exercise of the registration rights referred to in Section 6 hereof), the surrender of this Warrant (with the notice of exercise form attached hereto as Exhibit A-2 duly executed) at the principal office of the Company together with notice of arrangements reasonably satisfactory to the Company and any underwriter, in the case of an underwritten registered public offering, for payment to the Company either by certified or bank check or by wire transfer from the proceeds of the sale of Shares to be sold by the holder in such public offering of an amount equal to the then applicable Warrant Price per Share multiplied by the number of Shares then being purchased; however, notwithstanding the cash payment requirements set forth in this Section 1.1, the Holder shall be entitled to use the net issue exercise option as hereinafter provided in Section

Standard Method. The purchase right represented by this Warrant --------------- may be exercised by the holder hereof, in whole or in part and from time to time, by either, at the election of the holder Holder hereof, (a) the surrender of this Warrant (with the notice of exercise form attached hereto as Exhibit A-1 duly executed) at the principal office of the Company and by the payment to the Company, by check or by wire transfer, of an amount equal to the then applicable Warrant Price per share multiplied by the number of Shares then being purchased or (b) if in connection with a registered public offering of the Company's securities (provided that such offering includes Shares and that the holder shall have elected to participate therein pursuant to the exercise of the registration rights referred to in Section 6 hereof), the surrender of this Warrant (with the notice of exercise form attached hereto as Exhibit A-2 duly executed) at the principal office of the Company together with notice of arrangements reasonably satisfactory to the Company and any underwriter, in the case of an underwritten registered public offering, for payment to the Company either by certified or bank check or by wire transfer from the proceeds of the sale of Shares to be sold by the holder in such public offering of an amount equal to the then applicable Warrant Price per Share multiplied by the number of Shares then being purchased; however, notwithstanding the cash payment requirements set forth in this Section 1.12.1, the Holder shall be entitled to use the net issue exercise option as hereinafter provided in Section