Common use of Shares Reserved for Issuance Clause in Contracts

Shares Reserved for Issuance. To maintain, free from preemptive rights, sufficient authorized but unissued or treasury shares of Issuer Common Stock so that the Option may be fully exercised without additional authorization of Issuer Common Stock after giving effect to all other options, warrants, convertible securities and other rights of third parties to purchase shares of Issuer Common Stock from Issuer, and to issue the appropriate number of shares of Issuer Common Stock pursuant to the terms of this Agreement.

Shares Reserved for Issuance. To It will maintain, free from preemptive rights, sufficient authorized but unissued or treasury shares of Issuer Common Stock to issue the appropriate number of Shares pursuant to the terms of this Agreement so that the Option may be fully exercised without additional authorization of Issuer Common Stock Shares after giving effect to all other options, warrants, convertible securities and other rights of third parties to purchase shares of Issuer Common Stock Shares from Issuer, and to issue the appropriate number of shares of Issuer Common Stock pursuant to the terms of this Agreement.