Common use of Stock Fully Paid; Reservation of Shares Clause in Contracts

Stock Fully Paid; Reservation of Shares. All Common Stock which may be issued upon the exercise or conversion of this Warrant will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable, and free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized, and reserved for the purpose of the issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All Common Stock which may be issued upon the exercise or conversion of this Warrant will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable, and free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized, and reserved for the purpose of the issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Common Stock which may be issued issuable upon the exercise or conversion of the rights represented by this Warrant will, upon issuanceissuance and receipt of the Exercise Price therefor, be duly authorized, and validly issued, fully paid and nonassessable, and free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company will shall at all times have authorized, authorized and reserved for the purpose of the issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All shares of Common Stock which may be issued issuable upon the exercise or conversion of the rights represented by this Warrant will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable, and free from of all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercisedExercise Period, the Company will shall at all times have authorized, authorized and reserved for the purpose of the issuance upon exercise of the purchase rights evidenced by this Warrant, (or promptly hereafter shall take such actions as may be necessary or appropriate to increase its authorized capital so as to be able to authorize and reserve) a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All shares of Common Stock which that may be issued upon the exercise or conversion of the rights represented by this Warrant will, upon issuanceissuance pursuant to the terms and conditions herein, be duly authorized, validly issued, fully paid and nonassessable, and free from all preemptive rights, taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercisedExercise Period, the Company will at all times have authorized, and reserved for the purpose of the issuance issue upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock capital stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Common Stock which may be issued issuable upon the exercise or conversion of this Warrant willWarrant, upon issuanceissuance and receipt by the Company of the Exercise Price therefor, shall be duly authorized, validly issued, fully paid and nonassessable, and free from all preemptive rights, taxes, liens and charges with respect to the issue issuance thereof. During the period within which the rights represented by this Warrant may be exercised, the Company will shall at all times have authorized, authorized and reserved for the purpose of the issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All Common Stock which may be issued upon the exercise or conversion of the rights represented by this Warrant will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable, and free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized, and reserved for the purpose of the issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All Common Stock which Shares that may be issued upon the exercise or conversion of the rights represented by this Warrant will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable, and will be free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized, and reserved for the purpose of the issuance issue upon the exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All Common Stock Shares, which may be issued upon the exercise or conversion of the rights represented by this Warrant Warrant, will, upon issuance, be duly authorized, validly issued, fully paid and nonassessablenon-assessable, and free from all taxes, liens liens, and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized, and reserved for the purpose of the issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.. COMMON STOCK PURCHASE WARRANT

Stock Fully Paid; Reservation of Shares. All Common Stock which may be --------------------------------------- issued upon the exercise or conversion of this Warrant will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable, and free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized, and reserved for the purpose of the issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All shares of Common Stock which may be issued upon the exercise or conversion of the rights represented by this Warrant will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable, and free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized, and reserved solely for the purpose of the issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All Common Stock which Warrant Shares that may be issued upon the exercise or conversion of the rights represented by this Warrant will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable, and free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this the Warrant may be exercised, the Company will at all times have authorized, authorized and reserved for the purpose of the issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Warrant Shares and Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All Common Stock which Shares that may be issued upon the exercise or conversion of this Warrant willshall, upon issuance, be duly authorized, and validly authorized and issued, fully paid and nonassessable, and free from all taxes, will not be subject to any liens and or charges with respect to imposed on the issue thereofCompany or issued in violation of any preemptive or similar rights. During the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized, authorized and reserved for the purpose of the issuance issue upon the exercise of the purchase rights evidenced by this Warrant, Warrant a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All Common Stock which may be issued upon the exercise or conversion of the rights represented by this Warrant will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable, and free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized, and reserved for the purpose of the issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Common Stock which may be issued issuable upon the exercise or conversion of the rights represented by this Warrant will, upon issuanceissuance and receipt of the Exercise Price therefor, be duly authorized, and validly issued, fully fully-paid and nonassessable, and free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company will shall at all times have authorized, authorized and reserved for the purpose of the issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All shares of Common Stock which that may be issued upon the exercise or conversion of the rights represented by this Warrant willshall, upon issuanceissuance pursuant to the terms and conditions herein, be duly authorized, validly issued, fully paid and nonassessablenon-assessable, and free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company will shall at all times have authorized, and reserved for the purpose of the issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All Common Stock which may be issued upon the exercise or conversion of the rights represented by this Warrant will, upon issuance, be duly authorized, validly issued, fully paid and nonassessable, and free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company will at all times have authorized, and reserved for the purpose of the issuance issue upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.