Common use of Warrant Coverage Clause in Contracts

Warrant Coverage. The Company shall issue to Xxxxxx, or its designees at each Closing, unregistered warrants (the “Xxxxxx Warrants”) to purchase that number of shares of common stock of the Company equal to 6% of the aggregate number of shares of Common Stock placed by Xxxxxx in each Offering (if the Offering includes a “greenshoe” or “additional investment” option component, such shares of Common Stock underlying such options shall not be included). The Xxxxxx Warrants shall have the same terms as the warrants issued to investors in the Offering, except that the Xxxxxx Warrants shall have an exercise price equal to 125% of the per share Offering price. The Xxxxxx Warrants shall not have any provisions requiring registration of the shares underlying the Xxxxxx Warrants. If no warrants are issued to investors in an Offering, the Xxxxxx Warrants shall be in a customary form reasonably acceptable to Xxxxxx and the Company, have a term of 5 years and an exercise price equal to 125% of the per share Offering price.

Warrant Coverage. The Company shall issue to Xxxxxx, Xxxxxx or its designees at each Closing, unregistered warrants (the “Xxxxxx Warrants”) to purchase that number of shares of common stock of the Company equal to 65% of the aggregate number of shares of Common Stock placed by Xxxxxx in each Offering (if the Offering includes a “greenshoe” or “additional investment” option component, such shares of Common Stock underlying such options shall not be included). The Xxxxxx Warrants shall have the same terms as the warrants issued to investors in the Offering, except that the Xxxxxx Warrants shall have an exercise price equal to 125% of the per share equivalent in the Offering price. The Xxxxxx Warrants and shall not have any provisions requiring relating to registration of the shares underlying the Xxxxxx Warrants. If no warrants are issued to investors in an Offering, the Xxxxxx Warrants shall be in a customary form reasonably acceptable to Xxxxxx and the Company, have a term of 5 years and an exercise price equal to 125% of the per share Offering priceequivalent in the Offering.

Warrant Coverage. The Company shall issue to Xxxxxx, Xxxxxx or its designees at each Closing, unregistered warrants (the “Xxxxxx Warrants”) to purchase that number of shares of common stock of the Company equal to 65% of the aggregate number of shares of Common Stock placed by Xxxxxx in each Offering (if the Offering includes Securities are convertible or include a “greenshoe” or “additional investment” option component, such shares of Common Stock underlying such options Securities or options). If the Securities included in an Offering are non-convertible, the Xxxxxx Warrants shall not be included)determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Xxxxxx Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that the Xxxxxx Warrants shall have an exercise price equal to 125% of the per share Offering price. The Xxxxxx Warrants shall not have any provisions requiring registration of the shares underlying the Xxxxxx Warrants. If no warrants are issued to investors in an Offering, the Xxxxxx Warrants shall be in a customary form reasonably acceptable to Xxxxxx and the CompanyXxxxxx, have a term of 5 years and an exercise price equal to 125110% of the per share Offering pricethen market price of the Common Stock.

Warrant Coverage. The Company shall issue to XxxxxxXxxxxxxxxx, or its designees at each Closing, unregistered warrants (the “Xxxxxx Xxxxxxxxxx Warrants”) to purchase that number of shares of common stock of the Company equal to 6% of the aggregate number of shares of Common Stock placed by Xxxxxx Xxxxxxxxxx in each Offering (if the Offering includes a “greenshoe” or “additional investment” option component, such shares of Common Stock underlying such options shall not be included). The Xxxxxx Xxxxxxxxxx Warrants shall have the same terms as the warrants issued to investors in the Offering, except that the Xxxxxx Xxxxxxxxxx Warrants shall have an exercise price equal to 125% of the per share Offering price. The Xxxxxx Xxxxxxxxxx Warrants shall not have any provisions requiring registration of the shares underlying the Xxxxxx Xxxxxxxxxx Warrants. If no warrants are issued to investors in an Offering, the Xxxxxx Xxxxxxxxxx Warrants shall be in a customary form reasonably acceptable to Xxxxxx Xxxxxxxxxx and the Company, have a term of 5 years and an exercise price equal to 125% of the per share Offering price.

Warrant Coverage. The Company shall issue to Xxxxxx, Xxxxxx or its designees at each Closing, unregistered warrants (the “Xxxxxx Warrants”) to purchase that number of shares of common stock of the Company equal to 65% of the aggregate number of shares of Common Stock placed by Xxxxxx in each the Offering (if the Offering includes Securities are convertible or include a “greenshoe” or “additional investment” option component, such shares of Common Stock underlying such options Securities or options). If the Securities included in an Offering are non-convertible, the Xxxxxx Warrants shall not be included)determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Xxxxxx Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that the Xxxxxx Warrants shall have an exercise price equal to 125% of the per share Offering price. The Xxxxxx Warrants shall not have any provisions requiring registration of the shares underlying the Xxxxxx Warrants. If no warrants are issued to investors in an Offering, the Xxxxxx Warrants shall be in a customary form reasonably acceptable to Xxxxxx and the CompanyXxxxxx, have a term of 5 years and an exercise price equal to 125110% of the per share Offering pricethen market price of the Common Stock.

Warrant Coverage. The Company shall issue to XxxxxxXxxxxxxxxx, or its designees at each Closing, unregistered warrants (the “Xxxxxx Xxxxxxxxxx Warrants”) to purchase that number of shares of common stock of the Company (“Common Stock”) equal to 6% of the aggregate number of shares of Common Stock or pre-funded warrants, if applicable, placed by Xxxxxx Xxxxxxxxxx in each Offering (if the Offering includes a “greenshoe” or “additional investment” option component, such shares of Common Stock underlying such options option shall not be includedincluded only upon the exercise of such option). The Xxxxxx Xxxxxxxxxx Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that the Xxxxxx Xxxxxxxxxx Warrants shall have an exercise price equal to 125% of the per share Offering price. The Xxxxxx Warrants shall not have any provisions requiring registration of the shares underlying the Xxxxxx Warrants. If no warrants are issued to investors in an Offering, the Xxxxxx Xxxxxxxxxx Warrants shall be in a customary form reasonably acceptable to Xxxxxx Xxxxxxxxxx and the Company, have a term of 5 years and an exercise price equal to 125% of the per share Offering price.

Warrant Coverage. The Company shall issue to Xxxxxx, Xxxxxx or its designees at each Closing, unregistered warrants (the “"Xxxxxx Warrants”") to purchase that number of shares of common stock of the Company equal to 68% of the aggregate number of shares of Common Stock placed by Xxxxxx in each Offering (if the Offering includes Securities are convertible or include a “"greenshoe” " or “"additional investment” " option component, such shares of Common Stock underlying such options Securities or options). If the Securities included in an Offering are non-convertible, the Xxxxxx Warrants shall not be included)determined by dividing the gross proceeds raised in such Offering divided by the then market price of the Common Stock. The Xxxxxx Warrants shall have the same terms as the warrants issued to investors in the applicable Offering, except that the Xxxxxx Warrants shall have an exercise price equal to 125% of the per share Offering price. The Xxxxxx Warrants shall not have any provisions requiring registration of the shares underlying the Xxxxxx Warrants. If no warrants are issued to investors in an Offering, the Xxxxxx Warrants shall be in a customary form reasonably acceptable to Xxxxxx and the CompanyXxxxxx, have a term of 5 years and an exercise price equal to 125110% of the per share Offering pricethen market price of the Common Stock.

Warrant Coverage. The Company shall issue to Xxxxxx, Xxxxxx or its designees at each Closing, unregistered warrants (the “Xxxxxx Warrants”) to purchase that number of shares of common stock of the Company equal to 68% of the aggregate number of shares of Common Stock placed by Xxxxxx in each Offering (if the Offering includes Securities include a “greenshoe” or “additional investment” option component, such shares of Common Stock underlying issued upon the exercise of such options shall not be includedcomponent). The Xxxxxx Warrants shall have the same terms as the warrants issued to investors in the Offeringapplicable Offering except as to the exercise price, except that the Xxxxxx Warrants which shall have an exercise price equal to 125110% of the per share Offering price. The Xxxxxx Warrants shall not have any provisions requiring registration price of the shares underlying Common Stock in the Xxxxxx WarrantsOffering. If no warrants are issued to investors in an Offering, the Xxxxxx Warrants shall be in a customary form reasonably acceptable to Xxxxxx and the CompanyXxxxxx, have a term of 5 years and an exercise price equal to 125110% of the per share Offering price.then market price of the Common Stock. 000 Xxxx Xxxxxx | Xxx Xxxx, Xxx Xxxx 00000 | 212.356.0500 Security services provided by X.X. Xxxxxxxxxx & Co., LLC | Member: FINRA/SIPC