Common use of Calculation of Pro Rata Allotment Clause in Contracts

Calculation of Pro Rata Allotment. Each Stockholder’s “Pro Rata Allotment” of such securities shall be based on the ratio which the number of Shares held by or in the name of such Stockholder bears to all of the issued and outstanding Shares as of the date of such written offer. If one or more Stockholders do not elect to purchase their respective Pro Rata Allotment, each of the electing Stockholders may purchase such shares on a pro rata basis, based upon the relative holdings of Shares of each of the electing Stockholders in the case of over-subscription.

Calculation of Pro Rata Allotment. Each Stockholder’s “Pro Rata Allotment” of such securities shall be based on the ratio which the number of Shares held shares of Common Stock owned by or in the name of such Stockholder on a Fully-Diluted basis bears to all the aggregate number of the issued and outstanding Shares shares of Common Stock on a Fully-Diluted basis as of the date of such written offer. If one or more Stockholders do not elect to purchase their respective Pro Rata Allotment, each of the electing Stockholders may purchase such shares on a pro rata basis, based upon the relative holdings of Shares respective Pro Rata Allotments of each of the electing Stockholders that has indicated an interest in the case of over-subscriptionpurchasing more than its Pro Rata Allotment pursuant to Section 5.2.

Calculation of Pro Rata Allotment. Each StockholderShareholder’s “Pro Rata Allotment” of such securities used for purposes of this Article III shall be based on the ratio which the number of Shares held owned by or in the name of such Stockholder Shareholder bears to all of the issued and outstanding Shares as of the date of such written offer. If one or more Stockholders Shareholders do not elect to purchase their respective Pro Rata Allotment, each of the electing Stockholders Shareholders may purchase such shares on a pro rata basis, based upon the relative holdings of Shares of each of the electing Stockholders Shareholders in the case of over-subscription.

Calculation of Pro Rata Allotment. Each StockholderInvestor’s “Pro Rata Allotment” of such securities shall be based on the ratio which the number of Shares held owned by or in the name of such Stockholder Investor bears to all of the issued and outstanding Shares as of the date of such written offer. If one or more Stockholders Investors do not elect to purchase their respective Pro Rata Allotment, each of the electing Stockholders Investors may purchase such shares on a pro rata basis, based upon the relative holdings of Shares of each of the electing Stockholders Investors in the case of over-over subscription.