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

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

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

Stock Fully Paid; Reservation of Shares. All of the Shares issuable --------------------------------------- upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Exercise Price therefor, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance sufficient 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 Shares issuable that may be --------------------------------------- issued upon the exercise of the rights represented by this Warrant will, upon issuance pursuant to the terms and receipt of the Exercise Price thereforconditions herein, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized authorized, and reserved for issuance the purpose of the 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 Shares issuable that may be issued --------------------------------------- upon the exercise of the rights represented by this Warrant will, upon issuance pursuant to the terms and receipt of the Exercise Price thereforconditions herein, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized authorized, and reserved for issuance the purpose of the 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.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable --------------------------------------- that may be issued upon the exercise of the rights represented by this Warrant will, upon issuance pursuant to the terms and receipt of the Exercise Price thereforconditions herein, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, and taxes, liens and charges with respect to the issuance issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized and reserved for the purpose of 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 Shares issuable --------------------------------------- upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Exercise Price therefor, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance sufficient shares of its Series C Preferred Stock and Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable --------------------------------------- upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Exercise Price therefor, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance sufficient shares of its Series B Preferred Stock and Common Stock to provide for the exercise of the rights represented by this Warrant.

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

Stock Fully Paid; Reservation of Shares. All of the Shares issuable that --------------------------------------- may be issued upon the exercise of the rights represented by this Warrant will, upon issuance pursuant to the terms and receipt of the Exercise Price thereforconditions herein, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized authorized, and reserved for issuance the purpose of the 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.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable --------------------------------------- upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Exercise Price therefor, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance upon exercise of the rights evidenced by this Warrant, sufficient 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 Shares issuable that may be --------------------------------------- issued upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Exercise Price thereforissuance, be duly authorized, fully paid and nonassessable, and will be free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized authorized, and reserved for issuance the purpose of the 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 of the Shares shares of Common --------------------------------------- Stock issuable --------------------------------------- upon the exercise of the rights represented by this Warrant will, upon issuance and receipt effectiveness of the exercise of this Warrant and full payment of the actual Exercise Price thereforas described in Section 2.2 above, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance thereofthereof and will be issued in compliance with all state and federal securities laws. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance sufficient 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 Shares issuable that may be --------------------------------------- issued upon the exercise of the rights represented by this Warrant will, upon issuance pursuant to the terms and receipt of the Exercise Price thereforconditions herein, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized authorized, and reserved for issuance the purpose of the 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.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable Common Stock which may be --------------------------------------- issued upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Exercise Price thereforissuance, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance issue thereof. During Subject to the letter agreement dated the date hereof between the Company and the Warrantholder, during the period within which the rights represented by this Warrant may be exercised, the Company shall 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 Common Stock to provide for the exercise of the rights represented by this Warrant.

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

Stock Fully Paid; Reservation of Shares. All of the Shares --------------------------------------- issuable --------------------------------------- upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Exercise Price therefor, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance sufficient shares of its Series C Preferred Stock and Common Stock to provide for the exercise of the rights represented by this Warrant.

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

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

Stock Fully Paid; Reservation of Shares. All of the Shares Preferred Stock issuable --------------------------------------- upon the exercise of the rights represented by this Warrant willWarrant, upon issuance and receipt by the Company of the Exercise Price therefortherefor (or upon Net Exercise thereof, as provided in Section 1(c)), shall be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance a sufficient number of shares of its Common Preferred Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable that may be issued --------------------------------------- upon the exercise of the rights represented by this Warrant will, upon issuance pursuant to the terms and receipt of the Exercise Price thereforconditions herein, be fully paid and nonassessable, and free from all preemptive rights, rights of first refusal or first offer, taxes, liens and charges with respect to the issuance issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized authorized, and reserved for issuance the purpose of the 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.