Common use of Common Stock Reserve Clause in Contracts

Common Stock Reserve. The Company hereby confirms that it previously has authorized and instructed its Transfer Agent and registrar for the Common Stock to create a special account for the reserve of shares of Common Stock to be issued upon exercise of the Warrants, and such reserve account shall be maintained until the earlier of (1) the Expiration Time and (2) the time at which all Warrants have been exercised.

Common Stock Reserve. The Company hereby confirms that it previously has authorized and instructed its Transfer Agent transfer agent and registrar for the Common Stock to create a special account for the reserve of a number of shares of Common Stock equal to the aggregate Warrant Share Number for all outstanding Warrants to be issued upon exercise of the Warrants, and such reserve account shall be maintained until the earlier of (1) the Expiration Time end of the Exercise Period and (2) the time at which all Warrants have been exercised.

Common Stock Reserve. The Company hereby confirms that it previously has authorized and instructed its Transfer Agent transfer agent and registrar for the Common Stock to create a special account for the reserve of a number of shares of Common Stock equal to the aggregate Warrant Share Number for all outstanding Warrants to be issued upon exercise of the Warrants, and such reserve account shall be maintained until the earlier of (1) the latest Expiration Time of any Warrant and (2) the time at which all Warrants have been exercisedcanceled.