Common use of Purchase Price; Number of Shares Clause in Contracts

Purchase Price; Number of Shares. The registered holder of this Warrant (the "HOLDER"), commencing on the date hereof, is entitled upon surrender of this Warrant with the subscription form annexed hereto duly executed, at the principal office of the Company, to purchase from the Company the following securities (collectively, the "SHARES") at a price per share of $0.80 (the "PURCHASE PRICE"), 175,000 fully paid and nonassessable shares of Series B Preferred Stock, $.001 par value, of the Company (the "PREFERRED STOCK"). Until such time as this Warrant is exercised in full or expires, the Purchase Price and the securities issuable upon exercise of this Warrant are subject to adjustment as hereinafter provided. The person or persons on whose name or names any certificate representing shares of Preferred Stock is issued hereunder shall be deemed to have become the holder of record of the shares represented thereby as at the close of business on the date this Warrant is exercised with respect to such shares, whether or not the transfer books of the Company shall be closed.

Purchase Price; Number of Shares. The registered holder of this Warrant (the "HOLDER"), commencing on the date hereof, “Holder”) is entitled upon surrender of this Warrant with the subscription form annexed hereto duly executed, at the principal office of the Company, with either the subscription form annexed hereto (and simultaneous payment as hereinafter provided) or the net issue election form annexed hereto, in either case duly executed, to purchase from the Company the following securities up to fifteen thousand (collectively, the "SHARES"15,000) at a price per share of $0.80 (the "PURCHASE PRICE"), 175,000 fully paid and nonassessable shares of Series B Preferred Stock, $.001 par value, common stock of the Company (the "PREFERRED STOCK"“Stock”), at a price of $1.31 per share (the “Purchase Price”). This Warrant is exercisable at any time or from time to time, in whole or in part, at the sole option of the Holder, on or before the Expiration Date as hereinafter defined. Until such time as this Warrant is exercised in full or expires, the Purchase Price and the securities issuable upon exercise of this Warrant are subject to adjustment as hereinafter provided. The person or persons on under whose name or names any certificate representing shares of Preferred Stock is issued hereunder shall be deemed to have become the holder of record of the shares represented thereby as at the close of business on the date this Warrant is exercised with respect to such shares, whether or not the transfer books of the Company shall be closed.

Purchase Price; Number of Shares. The registered holder of this Warrant (the "HOLDER"), commencing on the date hereof, “Holder”) is entitled upon surrender of this Warrant with the subscription form annexed hereto duly executed, at the principal office of the Company, with either the subscription form annexed hereto (and simultaneous payment as hereinafter provided) or the net issue election form annexed hereto, in either case duly executed, to purchase from the Company the following securities up to thirteen thousand five hundred (collectively, the "SHARES"13,500) at a price per share of $0.80 (the "PURCHASE PRICE"), 175,000 fully paid and nonassessable shares of Series B Preferred Stock, $.001 par value, common stock of the Company (the "PREFERRED STOCK"“Stock”), at a price of $1.31 per share (the “Purchase Price”). This Warrant is exercisable at any time or from time to time, in whole or in part, at the sole option of the Holder, on or before the Expiration Date as hereinafter defined. Until such time as this Warrant is exercised in full or expires, the Purchase Price and the securities issuable upon exercise of this Warrant are subject to adjustment as hereinafter provided. The person or persons on under whose name or names any certificate representing shares of Preferred Stock is issued hereunder shall be deemed to have become the holder of record of the shares represented thereby as at the close of business on the date this Warrant is exercised with respect to such shares, whether or not the transfer books of the Company shall be closed.

Purchase Price; Number of Shares. The registered holder of this Warrant (the "HOLDERHolder"), commencing on the date hereof, is entitled upon ------ surrender of this Warrant with the subscription form annexed Notice of Exercise attached hereto as Exhibit ------------------ ------- A duly executed, at the principal office of the Company, to purchase from the - Company the following securities (collectively, the "SHARES") at a price per share of $0.80 (the "PURCHASE PRICEPurchase Price")) of $1.03, 175,000 fully paid and nonassessable shares of Series B Preferred Stock, $.001 par value, of the Company (the "PREFERRED STOCK"). up -------------- Until such time as this Warrant is exercised in full or expires, the Purchase Price and the securities Common Stock issuable upon exercise of this Warrant are subject to adjustment as hereinafter provided. The person or persons on whose name or names any certificate representing shares of Preferred Common Stock is issued hereunder shall be deemed to have become the holder of record of the shares represented thereby as at the close of business on the date this Warrant is exercised with respect to such shares, whether or not the transfer books of the Company shall be closed.

Purchase Price; Number of Shares. The Subject to other terms and conditions of this Warrant and applicable securities laws, the registered holder of this Warrant (the "HOLDERHolder")) is entitled, commencing at any time and from time to time on or after April 1, 2011 and prior to the date hereofexpiration of this Warrant, is entitled upon surrender of this Warrant with the subscription form annexed hereto duly executedexecuted by or on behalf of the Holder, at the principal office of the Company, to purchase from the Company the following securities (collectivelyCompany, the "SHARES") at a price per share of $0.80 0.10 (the "PURCHASE PRICEPurchase Price"), 175,000 up to Three Million (3,000,000) fully paid and nonassessable shares (the "Warrant Shares") of Series B Preferred the Company's Common Stock, $.001 0.001 par value, of the Company value per share (the "PREFERRED STOCKCommon Stock"). Until such time as this Warrant is exercised in full or expires, the Purchase Price and the securities issuable upon exercise of this Warrant are subject to adjustment as hereinafter provided. The person or persons on in whose name or names any certificate representing shares of Preferred Common Stock is issued hereunder shall be deemed to have become the holder of record of the shares represented thereby as at the close of business on the date this Warrant is exercised with respect to such shares, whether or not the transfer books of the Company shall be closed.

Purchase Price; Number of Shares. The registered holder of this Warrant (the "HOLDERHolder"), commencing on the date hereof, is entitled upon ------ surrender of this Warrant with the subscription form annexed Notice of Exercise attached hereto as Exhibit ------------------ ------- A duly executed, at the principal office of the Company, to purchase from the - Company the following securities (collectively, the "SHARES") at a price per share of $0.80 (the "PURCHASE PRICEPurchase Price")) of $0.21, 175,000 fully paid and nonassessable shares of Series B Preferred Stock, $.001 par value, of the Company (the "PREFERRED STOCK"). up -------------- Until such time as this Warrant is exercised in full or expires, the Purchase Price and the securities Common Stock issuable upon exercise of this Warrant are subject to adjustment as hereinafter provided. The person or persons on whose name or names any certificate representing shares of Preferred Common Stock is issued hereunder shall be deemed to have become the holder of record of the shares represented thereby as at the close of business on the date this Warrant is exercised with respect to such shares, whether or not the transfer books of the Company shall be closed.

Purchase Price; Number of Shares. The registered holder of this Warrant (the "HOLDER"“Holder”), commencing on the date hereof, is entitled upon surrender of this Warrant with the subscription form annexed hereto duly executed, at the principal office of the Company, to purchase from the Company the following securities (collectivelyCompany, the "SHARES") at a price per share of $0.80 8.65 (the "PURCHASE PRICE"“Purchase Price”), 175,000 60,115 fully paid and nonassessable shares of Series B Preferred the Company’s Common Stock, $.001 0.001 per share par value, of the Company value (the "PREFERRED STOCK"“Common Stock”). Until such time as this Warrant is exercised in full or expires, the Purchase Price and the securities issuable upon exercise of this Warrant are subject to adjustment as hereinafter provided. The person or persons on in whose name or names any certificate representing shares of Preferred Common Stock is issued hereunder shall be deemed to have become the holder of record of the shares represented thereby as at the close of business on the date this Warrant is exercised with respect to such shares, whether or not the transfer books of the Company shall be closed. Until such time as this Warrant is exercised in full or expires, the Purchase Price and the securities issuable upon exercise of this Warrant are subject to adjustment as hereinafter provided. The person or persons in whose name or names any certificate representing shares of Common Stock is issued hereunder shall be deemed to have become the holder of record of the shares represented thereby as at the close of business on the date this Warrant is exercised with respect to such shares, whether or not the transfer books of the Company shall be closed.

Purchase Price; Number of Shares. The Subject to the terms and conditions hereinafter set forth, the registered holder of this Warrant (the "HOLDERHolder")) is entitled, commencing on the date hereof, is entitled upon surrender of this Warrant with the subscription form annexed duly executed Notice of Exercise attached hereto duly executedas Exhibit A ("Notice of Exercise"), at the principal office of the Company, to purchase from _____________________________________________ (______) shares of common stock of the Company the following securities (collectivelyCompany, the "SHARES") at a price par value $.01 per share of $0.80 (the "PURCHASE PRICECommon Stock"), 175,000 fully paid at the per share exercise price of Twenty Two Dollars and nonassessable Fifty Cents ($22.50) (the "Purchase Price") (each such share shall sometimes be hereinafter referred to as a "Warrant Share"). If an exercise of any portion of this Warrant is to be made in connection with a registered public offering or the sale of the Company, the exercise of any portion of this Warrant may, at the election of the holder hereof, be conditioned upon the consummation of the public offering or sale of the Company in which case such exercise shall not be deemed to be effective until the consummation of such transaction. Notwithstanding anything to the contrary herein, this Warrant shall not be exercisable from the date of the Qualifying Notice of Offer to Purchase (as defined in the Merger Agreement) until the date the Holder accepts such Qualifying Offer to Purchase by tendering such Holder's shares of Series B C Preferred Stock, $.001 par value, Stock in accordance with the terms of the Company (the "PREFERRED STOCK"). Until such time as this Warrant is exercised in full or expires, the Purchase Price and the securities issuable upon exercise of this Warrant are subject Qualifying Offer to adjustment as hereinafter provided. The person or persons on whose name or names any certificate representing shares of Preferred Stock is issued hereunder shall be deemed to have become the holder of record of the shares represented thereby as at the close of business on the date this Warrant is exercised with respect to such shares, whether or not the transfer books of the Company shall be closedPurchase.

Purchase Price; Number of Shares. The registered holder of this Warrant (the "HOLDER"), commencing on the date hereof, “Holder”) is entitled upon surrender of this Warrant with the subscription form annexed hereto duly executed, at the principal office of the Company, with either the subscription form annexed hereto (and simultaneous payment as hereinafter provided) or the net issue election form annexed hereto, in either case duly executed, to purchase from the Company the following securities up to three hundred (collectively, the "SHARES"300) at a price per share of $0.80 (the "PURCHASE PRICE"), 175,000 fully paid and nonassessable shares of Series B Preferred Stock, $.001 par value, common stock of the Company (the "PREFERRED STOCK"“Stock”), at a price of $1.31 per share (the “Purchase Price”). This Warrant is exercisable at any time or from time to time, in whole or in part, at the sole option of the Holder, on or before the Expiration Date as hereinafter defined. Until such time as this Warrant is exercised in full or expires, the Purchase Price and the securities issuable upon exercise of this Warrant are subject to adjustment as hereinafter provided. The person or persons on under whose name or names any certificate representing shares of Preferred Stock is issued hereunder shall be deemed to have become the holder of record of the shares represented thereby as at the close of business on the date this Warrant is exercised with respect to such shares, whether or not the transfer books of the Company shall be closed.

Purchase Price; Number of Shares. The registered holder of this Warrant (the "HOLDER"), commencing on the date hereof, “Holder”) is entitled upon surrender of this Warrant with the subscription form annexed hereto duly executed, at the principal office of the Company, with either the subscription form annexed hereto (and simultaneous payment as hereinafter provided) or the net issue election form annexed hereto, in either case duly executed, to purchase from the Company the following securities up to twelve hundred (collectively, the "SHARES"1,200) at a price per share of $0.80 (the "PURCHASE PRICE"), 175,000 fully paid and nonassessable shares of Series B Preferred Stock, $.001 par value, common stock of the Company (the "PREFERRED STOCK"“Stock”), at a price of $1.31 per share (the “Purchase Price”). This Warrant is exercisable at any time or from time to time, in whole or in part, at the sole option of the Holder, on or before the Expiration Date as hereinafter defined. Until such time as this Warrant is exercised in full or expires, the Purchase Price and the securities issuable upon exercise of this Warrant are subject to adjustment as hereinafter provided. The person or persons on under whose name or names any certificate representing shares of Preferred Stock is issued hereunder shall be deemed to have become the holder of record of the shares represented thereby as at the close of business on the date this Warrant is exercised with respect to such shares, whether or not the transfer books of the Company shall be closed.