Common use of The Warrant Clause in Contracts

The Warrant. At the Closing, the Company shall issue to the Purchaser, a Common Stock purchase warrant, in the form of Exhibit D (the "Warrant"), pursuant to which the Purchaser shall have the right at any time and from time to time thereafter through the second anniversary of the date of issuance thereof, to acquire 60,000 shares of Common Stock at an exercise price per share equal to 110% of the Average Price on the Closing Date.

The Warrant. At the Closing, the Company shall issue to the Purchaser, a Common Stock purchase warrant, in the form of Exhibit D (the "Warrant"), pursuant to which the Purchaser shall have the right at any time and from time to time thereafter through the second anniversary of the date of issuance thereof, to acquire 60,000 125,000 shares of Common Stock at an exercise price per share equal to 110105% of the Average Price on the Closing Date.