Common use of Warrant Clause in Contracts

Warrant. On the Initial Closing Date, the Company shall issue to the Purchaser a warrant to purchase up to 350,000 shares of Common Stock. The Warrant shall have a term from its initial date of issuance of 5 years. The exercise price of the Warrant shall be 110% of the average of the VWAPs during the 15 Trading Days immediately prior to the Initial Closing Date. The Common Stock underlying the Warrant will be registered in the Registration Statement referred to in Section 4.3 hereof. The Warrant shall be in the form of Exhibit E hereto.

Warrant. On the Initial Closing Date, the Company shall issue to the Purchaser a warrant certificate to purchase up to 350,000 a number of shares of Common StockStock equal to $300,000 divided by the average of the VWAPs during the five (5) Trading Days immediately prior to the Initial Closing Date (the "Warrant Base Price"). The Warrant shall have a term from its initial date of issuance exercise of 5 3 years. The exercise price of the Warrant shall be 110% of the average of the VWAPs during the 15 Trading Days immediately prior to the Initial Closing DateWarrant Base Price. The Common Stock underlying the Warrant will be registered in the Registration Statement referred to in Section 4.3 hereof. The Warrant shall be in the form of Exhibit E hereto.

Warrant. On the Initial Closing Date, the Company shall issue to the Purchaser a warrant to purchase up to 350,000 a number of shares of Common Stock. The Warrant shall have a term from its initial date of issuance of 5 years. The exercise price of the Warrant shall be 110% of Stock equal to $1,000,000 divided by the average of the VWAPs during the 15 Trading Days immediately prior to the Initial Closing Date(the "Warrant Base Price"). The Warrant shall have a term from its initial date of exercise of 3 years. The exercise price of the Warrant shall be 110% of the Warrant Base Price. The Common Stock underlying the Warrant will be registered in the Registration Statement referred to in Section 4.3 hereof. The Warrant shall be in the form of Exhibit E hereto.

Warrant. On the Initial Closing Date, the Company shall issue to the Purchaser a warrant to purchase up to 350,000 a number of shares of Common Stock. The Warrant shall have a term from its initial date of issuance of 5 years. The exercise price of the Warrant shall be 110% of Stock equal to $600,000 divided by the average of the VWAPs during the 15 Trading Days immediately prior to the Initial Closing DateDate (the "Warrant Base Price"). The Warrant shall have a term from its initial date of issuance of 3 years. The exercise price of the Warrant shall be 115% of the Warrant Base Price. The Common Stock underlying the Warrant will be registered in the Registration Statement referred to in Section 4.3 hereof. The Warrant shall be in the form of Exhibit E hereto.

Warrant. On the Initial Closing Date, the Company shall issue to the Purchaser a warrant to purchase up to 350,000 a number of shares of Common Stock. The Stock (the "Warrant shall have a term from its initial date of issuance of 5 years. The exercise price of the Warrant shall be 110% of Shares") equal to $300,000 divided by the average of the VWAPs during the 15 Trading Days immediately prior to the Initial Closing DateDate (the "Warrant Base Price"). The Warrant shall have a term from its initial date of exercise of 5 years. The exercise price of the Warrant shall be 115% of the Warrant Base Price. The Common Stock underlying the Warrant will be registered in the Registration Statement referred to in Section 4.3 hereof. The Warrant shall be in the form of Exhibit E hereto.

Warrant. On the Initial Closing Date, the Company shall issue to the Purchaser a warrant to purchase up to 350,000 150,000 shares of Common Stock. The Warrant shall have a term from its initial date be exercisable for the period of issuance of 5 years3 years beginning 6 months after the Initial Closing Date. The exercise price of the Warrant shall be 110125% of the average of the 6 consecutive VWAPs during the 15 Trading Days immediately prior to preceding the Initial Closing Date. The Common Stock underlying the Warrant will be registered in the Registration Statement referred to in Section 4.3 hereof. The Warrant shall be in the form of Exhibit E hereto.

Warrant. On the Initial Closing Date, the Company shall issue to the Purchaser a warrant certificate to purchase up to 350,000 100,000 shares of Common StockStock (the "Warrant"). The Warrant shall have a term from its initial date of issuance exercise of 5 three (3) years. The exercise price of the Warrant shall be 110the greater of (i) $5.73, or (ii) 125% of the average of the VWAPs VWAP during the 15 five (5) Trading Days immediately prior to the Initial Closing Date. The Common Stock underlying the Warrant will be registered in the Registration Statement referred to in Section 4.3 hereof. The Warrant shall be in the form of Exhibit E hereto.

Warrant. On the Initial Closing Date, the Company shall issue to the Purchaser a warrant to purchase up to 350,000 shares of Common Stock, in the aggregate. The Warrant shall have a term from its initial the date of issuance of 5 five (5) years. The exercise price per share of the Warrant shall be 110105% of the average of the VWAPs during the 15 fifteen (15) Trading Days immediately prior to the Initial Closing Date. The Common Stock underlying the Warrant will be registered in the Registration Statement referred to in Section 4.3 hereof. The Warrant shall be in the form of Exhibit EXHIBIT E hereto.

Warrant. On the Initial Closing Date, the Company shall ------- issue to the Purchaser a warrant to purchase up to 350,000 100,000 shares of Common Stock. The Warrant shall have a term from its initial date of issuance exercise of 5 3 years. The exercise price of the Warrant shall be 110125% of the average of the VWAPs during the 15 Trading Days immediately prior to the Initial Closing Date. The Common Stock underlying the Warrant will be registered in the Registration Statement referred to in Section 4.3 hereof. The Warrant shall be in the form of Exhibit E hereto.. ---------

Warrant. On the Initial Closing Date, the Company shall issue to the Purchaser a warrant certificate to purchase up to 350,000 50,000 shares of Common StockStock (the "Warrant"). The Warrant shall have a term from its initial date of issuance exercise of 5 yearsthree (3) years and exercisable from six (6) months after the Initial Closing Date. The exercise price of the Warrant shall be 110125% of the average of the VWAPs VWAP during the 15 five (5) Trading Days immediately prior to the Initial Closing Date. The Common Stock underlying the Warrant will be registered in accordance with the Registration Statement referred to in Section 4.3 hereofRights Agreement. The Warrant shall be in the form of Exhibit EXHIBIT E hereto.

Warrant. On the Initial Closing Date, the Company shall issue to the Purchaser a warrant to purchase up to 350,000 a number of shares of Common Stock. The Stock (the "Warrant shall have a term from its initial date of issuance of 5 years. The exercise price of the Warrant shall be 110% of Shares") equal to $1,000,000 divided by the average of the VWAPs during the 15 Trading Days immediately prior to the Initial Closing DateDate (the "Warrant Base Price"). The Warrant shall have a term from its initial date of issuance of 7 years. The exercise price of the Warrant shall be 115% of the Warrant Base Price. The Common Stock underlying the Warrant will be registered in the Registration Statement referred to in Section 4.3 hereof. The Warrant shall be in the form of Exhibit E hereto.

Warrant. On the Initial Closing Date, the Company shall issue to the Purchaser a warrant certificate to purchase up to 350,000 a number of shares of Common StockStock equal to $5,000,000 divided by the VWAP on the Trading Day immediately preceding the Initial Closing Date. The Warrant shall have a term from its initial date of issuance exercise of 5 three (3) years. The exercise price of the Warrant shall be 110115% of the average of the VWAPs during the 15 fifteen (15) Trading Days immediately prior to preceding the Initial Closing Date. The Common Stock underlying the Warrant will be registered in the Registration Statement referred to in Section 4.3 hereof. The Warrant shall be in the form of Exhibit E hereto.

Warrant. On the Initial Closing Date, ------- the Company shall issue to the Purchaser a warrant certificate to purchase up to 350,000 a number of shares of Common StockStock equal to $500,000 divided by the VWAP (the "Base Price") of the Common Stock during the fifteen (15) Trading Days immediately prior to the Initial Closing Date (the "Warrant"). The Warrant shall have a term from its initial date of issuance exercise of 5 three (3) years. The exercise price of the Warrant shall be 110% of the average of the VWAPs during the 15 Trading Days immediately prior to the Initial Closing DateBase Price. The Common Stock underlying the Warrant will be registered in the Registration Statement referred to in Section 4.3 hereof. The Warrant shall be in the form of Exhibit EXHIBIT E hereto.

Warrant. On the Initial Closing Date, the Company shall issue to the Purchaser a warrant certificate to purchase up to 350,000 a number of shares of Common StockStock equal to $300,000 divided by the average of the VWAPs during the five (5) Trading Days immediately prior to the Initial Closing Date (the "Warrant Base Price"). The Warrant shall have a term from its initial date of issuance exercise of 5 years. The exercise price of the Warrant shall be 110% of the average of the VWAPs during the 15 Trading Days immediately prior to the Initial Closing DateWarrant Base Price. The Common Stock underlying the Warrant will be registered in the Registration Statement referred to in Section 4.3 hereof. The Warrant shall be in the form of Exhibit E hereto.