Common use of Stock Warrants Clause in Contracts

Stock Warrants. On the Commencement Date, the Company shall grant the Executive warrants to purchase three hundred seventy-five thousand (375,000) shares of common stock of the Company at an exercise price of Five Dollars and 91/100 ($5.91) per share and warrants to purchase three hundred fifty thousand (350,000) shares of common stock of the Company at an exercise price equal to the lesser of (a) seventy-five percent (75%) of the closing price per share of the Company's common stock on the last trading date prior to the Closing, and (b) $12.00 per share, subject to all federal and state securities and other laws. All warrants issued pursuant to this Section 5(a) shall be governed by and subject to all conditions, terms and restrictions in the actual warrant which is attached hereto as Attachment A and hereby incorporated by reference.

Stock Warrants. On the Commencement Date, the Company shall grant the Executive warrants to purchase three hundred seventy-seven thousand five thousand hundred eighty-six (375,000377,586) shares of common stock of the Company at an exercise price of Five Dollars and 91/100 ($5.91) per share and warrants to purchase three hundred fifty seventy-seven thousand five hundred eighty-six (350,000377,586) shares of common stock of the Company at an exercise price equal to the lesser of (a) seventy-five percent (75%) of the closing price per share of the Company's common stock on the last trading date prior to the Closing, and (b) $12.00 per share, subject to all federal and state securities and other laws. All warrants issued pursuant to this Section 5(a) shall be governed by and subject to all conditions, terms and restrictions in the actual warrant which is attached hereto as Attachment A and hereby incorporated by reference.

Stock Warrants. On the Commencement Date, the Company shall grant the Executive warrants to purchase two hundred ninety-one thousand three hundred seventy-five thousand eighty (375,000291,380) shares of common stock of the Company at an exercise price of Five Dollars and 91/100 ($5.91) per share and warrants to purchase two hundred ninety-one thousand three hundred fifty thousand eighty (350,000291,380) shares of common stock of the Company at an exercise price equal to the lesser of (a) seventy-five percent (75%) of the closing price per share of the Company's common stock on the last trading date prior to the Closing, and (b) $12.00 per share, subject to all federal and state securities and other laws. All warrants issued pursuant to this Section 5(a) shall be governed by and subject to all conditions, terms and restrictions in the actual warrant which is attached hereto as Attachment A and hereby incorporated by reference.

Stock Warrants. On the Commencement Date, the Company shall grant the Executive warrants to purchase three hundred seventyeighty-one thousand and thirty-five thousand (375,00081,035) shares of common stock of the Company at an exercise price of Five Dollars and 91/100 ($5.91) per share and warrants to purchase three hundred fifty eighty-one thousand and thirty-five (350,00081,035) shares of common stock of the Company at an exercise price equal to the lesser of (a) seventy-five percent (75%) of the closing price per share of the Company's common stock on the last trading date prior to the Closing, and (b) $12.00 per share, subject to all federal and state securities and other laws. All warrants issued pursuant to this Section 5(a) shall be governed by and subject to all conditions, terms and restrictions in the actual warrant which is attached hereto as Attachment A and hereby incorporated by reference.