Common use of Call Option of the Company Clause in Contracts

Call Option of the Company. (i) Subject to the satisfaction in full of the conditions set forth in subparagraph (ii) below, at any time after the second anniversary of the date hereof, the Company may, by written notice to the holder of this Warrant (the "Call Notice"), elect to purchase this Warrant (or any new Warrant then held by such holder representing the number of shares with respect to which this Warrant shall not have been exercised), in whole, on the Effective Date of Call (as defined below), at a cash price for this Warrant equal to the product of (x) $.01 multiplied by (y) the number of shares with respect to which this Warrant shall not have been exercised on such date. As used in this Paragraph 2(a), the term "