Common use of Agreement to Subscribe Subscription Price Clause in Contracts

Agreement to Subscribe Subscription Price. a. SUBSCRIBER hereby subscribes for, and ISSUER agrees to sell, (i) that number of Shares (rounded up to the nearest whole number of shares) equal to $15,000,000 divided by the quotient obtained by dividing (y) the sum of the daily weighted average sale price (determined for each day by taking the daily weighted average of the sale prices of such stock for such day) of the common stock of the ISSUER for the ten days ending the trading day immediately prior to the date hereof, as such prices are reported by The Nasdaq Stock Market, Inc., by (z) ten and (ii) the Purchase Option, for an aggregate purchase price of $15,000,000 ("Purchase Price").

Agreement to Subscribe Subscription Price. a. SUBSCRIBER hereby subscribes forfor 639,387 Shares, and ISSUER agrees to sellsell such Shares, for an aggregate purchase price of $2,500,000 (i) "Purchase Price"), that number of Shares (rounded up to the nearest whole number of shares) being equal to $15,000,000 2,500,000 divided by the quotient number obtained by (a) dividing (y) the sum of the daily weighted average sale price (determined for each day by taking the daily weighted average of the sale prices of such stock for such day) of the common stock of the ISSUER for the ten consecutive trading days ending the trading day immediately prior to the date hereof, as such prices are reported by The Nasdaq Stock Market, Inc., by (z) ten and (iib) multiplying the Purchase Option, for an aggregate purchase price of $15,000,000 ("Purchase Price")quotient by 0.80.

Agreement to Subscribe Subscription Price. a. SUBSCRIBER hereby subscribes forfor 20,000 Shares, and ISSUER agrees to sellsell such Shares, for an aggregate purchase price of $78,200 (i) "Purchase Price"), that number of Shares (rounded up to the nearest whole number of shares) being equal to $15,000,000 78,200 divided by the quotient number obtained by (a) dividing (y) the sum of the daily weighted average sale price (determined for each day by taking the daily weighted average of the sale prices of such stock for such day) of the common stock of the ISSUER for the ten consecutive trading days ending the trading day immediately prior to the date hereof, as such prices are reported by The Nasdaq Stock Market, Inc., by (z) ten and (iib) multiplying the Purchase Option, for an aggregate purchase price of $15,000,000 ("Purchase Price")quotient by 0.80.