Common use of Automatic Exercise of the Warrants Clause in Contracts

Automatic Exercise of the Warrants. (a) All Warrants ---------------------------------- for which the Warrant Agent has not received a valid Exercise Notice at or prior to 1:00 P.M., New York City time, or for which the Warrant Agent has received a valid Exercise Notice but with respect to which timely delivery of the relevant Warrants has not been made, together with any Warrants the Valuation Day for which has at such time been postponed as described under Section 2.04 of this Agreement, on (i) the second scheduled Index Calculation Day immediately preceding May , 2001 (the "Expiration Date") or (ii) the close of business on the New York Business Day on which the Warrants are delisted from, or permanently suspended from trading on, the American Stock Exchange (the "AMEX") and the Warrants are not simultaneously accepted for trading pursuant to the rules of another self-regulated trading organization whose rules are filed with the Securities and Exchange Commission (a "Regulated Trading Organization") under the Securities Exchange Act of 1934, as amended, (the "Delisting Date") shall be automatically exercised, without any required delivery of an Exercise Notice or delivery of the Warrants from any relevant Depositary Participant to the Warrant Agent, on the Expiration Date or Delisting Date, as the case may be, (the Expiration Date will be deemed the Exercise Date). The Company shall advise the Warrant Agent of the date of any expected delisting or permanent suspension of trading of the Warrants as soon as is practicable and shall immediately inform the Warrant Agent after the Company has received notice that such delisting or suspension has occurred and that the Warrants are not accepted for listing on another Regulated Trading Organization, but in no event will such notice be given to the Warrant Agent later than 5:00 P.M., New York City time, on the New York Business Day preceding the Delisting Date.

Automatic Exercise of the Warrants. (a) All Warrants for ---------------------------------- for which the Warrant Agent has not received a valid Exercise Notice at or prior to 1:00 P.M., New York City time, or for which the Warrant Agent has received a valid Exercise Notice but with respect to which timely delivery of the relevant Warrants has not been made, together with any Warrants the Valuation Day for which has at such time been postponed as described under Section 2.04 of this Agreement, on (i) the second scheduled Index Calculation Day immediately preceding May 25, 2001 (the "Expiration Date") or (ii) the close of business on the New York Business Day on which the Warrants are delisted from, or permanently suspended from trading on, the American Stock Exchange (the "AMEX") and the Warrants are not simultaneously accepted for trading pursuant to the rules of another self-regulated trading organization whose rules are filed with the Securities and Exchange Commission (a "Regulated Trading Organization") under the Securities Exchange Act of 1934, as amended, (the "Delisting Date") shall be automatically exercised, without any required delivery of an Exercise Notice or delivery of the Warrants from any relevant Depositary Participant to the Warrant Agent, on the Expiration Date or Delisting Date, as the case may be, (the Expiration Date will be deemed the Exercise Date). The Company shall advise the Warrant Agent in writing of the date of any expected delisting or permanent suspension of trading of the Warrants as soon as is practicable and shall immediately inform the Warrant Agent in writing after the Company has received notice that such delisting or suspension has occurred and that the Warrants are not accepted for listing on another Regulated Trading Organization, but in no event will such notice be given to the Warrant Agent later than 5:00 P.M., New York City time, on the New York Business Day preceding the Delisting Date.

Automatic Exercise of the Warrants. (a) All Warrants ---------------------------------- for which the Warrant Agent has not received a valid Exercise Notice at or prior to 1:00 P.M., New York City time, or for which the Warrant Agent has received a valid Exercise Notice but with respect to which timely delivery of the relevant Warrants has not been made, together with any Warrants the Valuation Day Date for which has at such time been postponed as described under Section 2.04 of this Agreement, on (i) the second fourth scheduled Index Calculation Day immediately preceding May November 17, 2001 1998 (the "Expiration Date") or (ii) the close of business on the New York Business Day on which the Warrants are delisted from, or permanently suspended from trading on, the American Stock Exchange (the "AMEX") and the Warrants are not simultaneously accepted for trading pursuant to the rules of another self-regulated trading regulatory organization whose rules are filed with the Securities and Exchange Commission (a "Regulated Trading Self-Regulatory Organization") under the Securities Exchange Act of 1934, as amended, (the "Delisting Early Expiration Date") shall be automatically exercised, without any required delivery of an Exercise Notice or delivery of the Warrants from any relevant Depositary Depository Participant to the Warrant Agent, on the first scheduled Index Calculation Day immediately preceding such Expiration Date or Delisting Early Expiration Date, as the case may be, (the Expiration Date will such first scheduled Index Calculation Day shall be deemed the Exercise DateDate for such automatically exercised Warrants). The Company shall advise the Warrant Agent of the date of any expected delisting or permanent suspension of trading of the Warrants as soon as is practicable and shall immediately inform the Warrant Agent after the Company has received notice that such delisting or suspension has occurred and that the Warrants are not accepted for listing on another Regulated Trading Self- Regulatory Organization, but in no event will such notice be given to the Warrant Agent later than 5:00 P.M., New York City time, on the New York Business Day preceding the Delisting Early Expiration Date.

Automatic Exercise of the Warrants. (a) All Warrants ---------------------------------- for which the Warrant Agent has not received a valid Exercise Notice at or prior to 1:00 P.M., New York City time, or for which the Warrant Agent has received a valid Exercise Notice but with respect to which timely delivery of the relevant Warrants has not been made, together with any Warrants the Valuation Day Date for which has at such time been postponed as described under Section 2.04 of this Agreement, on (i) the second scheduled Index Calculation New York Business Day immediately preceding May October __, 2001 1998 (the "Expiration Date") or (ii) the close of business on the New York Business Day on which the Warrants are delisted from, or permanently suspended from trading on, the American Stock Exchange (the "AMEX") and the Warrants are not simultaneously accepted for trading pursuant to the rules of another self-regulated trading regulatory organization whose rules are filed with the Securities and Exchange Commission (a "Regulated Trading Self-Regulatory Organization") under the Securities Exchange Act of 1934, as amended, (the "Delisting Early Expiration Date") shall be automatically exercised, without any required delivery of an Exercise Notice notice of exercise or delivery of the Warrants from any relevant Depositary Depository Participant to the Warrant Agent, on the New York Business Day immediately preceding such Expiration Date or Delisting Early Expiration Date, as the case may be, (the Expiration Date will such New York Business Day shall be deemed the Exercise DateDate for such automatically exercised Warrants). The Company shall advise the Warrant Agent of the date of any expected delisting or permanent suspension of trading of the Warrants as soon as is practicable and shall immediately inform the Warrant Agent after the Company has received notice that such delisting or suspension has occurred and that the Warrants are not accepted for listing on another Regulated Trading Self-Regulatory Organization, but in no event will such notice be given to the Warrant Agent later than 5:00 P.M., New York City time, on the New York Business Day preceding the Delisting Early Expiration Date.

Automatic Exercise of the Warrants. (a) All Warrants ---------------------------------- for with respect to which no accepted notice of exercise in good form has been received by the Warrant Agent has not received a valid Exercise Notice at or prior to 1:00 by 3:00 P.M., New York City time, or for which on the Warrant Agent has received a valid Exercise Notice but with respect fifth New York Business Day preceding the earliest to which timely delivery occur of the relevant Warrants has not been made, together with any Warrants the Valuation Day for which has at such time been postponed as described under Section 2.04 of this Agreement, on (i1) the second scheduled Index Calculation Day immediately preceding May , 2001 (the "Expiration Date") or , (ii2) the close of business on the New York Business Day on which the Warrants are delisted fromfrom the ____________ Stock Exchange, or and (3) the close of business on the New York Business Day that the Warrants are permanently suspended from trading on, on the American ____________ Stock Exchange (the effective date of any such delisting or permanent suspension, the "AMEXDELISTING DATE") and the Warrants are not simultaneously accepted for trading pursuant to the rules of another self-regulated trading organization whose rules are filed with the Securities and Exchange Commission (a "Regulated Trading Organization") under the Securities Exchange Act of 1934, as amended, (the "Delisting Date") shall will be automatically exercised, without any required delivery of an Exercise Notice or delivery notice of the Warrants exercise from any relevant Depositary Depository Participant to the Warrant Agent, on the . Such Expiration Date or Delisting Date, as the case may be, (the Expiration Date will shall be deemed the Exercise Date for such Warrants and the Spot Rate and Cash Settlement Value of such Warrants shall be determined as of the New York Business Day following such Exercise Date). The Company shall will advise the Warrant Agent of the date of any expected delisting or permanent suspension of trading of the Warrants as soon as is practicable and shall will immediately inform the Warrant Agent after the Company has received notice that such delisting or suspension has occurred and that the Warrants are not accepted for listing on another Regulated Trading Organizationoccurred, but in no event will notice of such notice delisting or suspension be given to the Warrant Agent later than 5:00 P.M., New York City time, on the New York Business Day preceding the Delisting Datedate that such delisting or suspension occurs.