Common use of Compliance with Regulation M Clause in Contracts

Compliance with Regulation M. Until the Underwriters shall have notified the Company of the completion of the resale of the Shares and Warrants, that the Company will not, and will use its reasonable best efforts to cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Shares and Warrants, or attempt to induce any person to purchase any Shares and Warrants; and not to, and to use its reasonable best efforts to cause its affiliated purchasers not to, make bids or purchase for the purpose of creating actual, or apparent, active trading in or of raising the price of the Shares and Warrants.

Compliance with Regulation M. Until the Underwriters shall have notified the Company of the completion of the resale of the Shares and WarrantsUnits, that the Company will not, and will use its reasonable best efforts to cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any the Units, Shares and or Warrants, or attempt to induce any person to purchase any the Units, Shares and or Warrants; and not to, and to use its reasonable best efforts to cause its affiliated purchasers not to, make bids or purchase for the purpose of creating actual, or apparent, active trading in or of raising the price of the Units, Shares and or Warrants.

Compliance with Regulation M. Until the Underwriters shall have notified the Company of the completion of the resale of the Shares and WarrantsSecurities, that the Company will not, and will use its reasonable best efforts to cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Shares and Warrantsshares of Common Stock, or attempt to induce any person to purchase any Shares and Warrantsshares of Common Stock; and not to, and to use its reasonable best efforts to cause its affiliated purchasers not to, make bids or purchase for the purpose of creating actual, or apparent, active trading in or of raising the price of the Shares and WarrantsSecurities or Warrant Shares.

Compliance with Regulation M. Until the Underwriters shall have notified the Company of the completion of the resale of the Shares and WarrantsSecurities, that the Company will not, and will use its reasonable best efforts to cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Shares and WarrantsSecurities or Underlying Securities, or attempt to induce any person to purchase any Shares and WarrantsSecurities or Underlying Securities; and not to, and to use its reasonable best efforts to cause its affiliated purchasers not to, make bids or purchase purchases for the purpose of creating actual, or apparent, active trading in or of raising the price of the Shares and WarrantsSecurities or the Underlying Securities.

Compliance with Regulation M. Until the Underwriters shall have notified the Company of the completion of the resale of the Shares and WarrantsSecurities or Warrant Shares, that the Company will not, and will use its reasonable best efforts to cause its affiliated purchasers (as defined in Regulation M under the Exchange Act) not to, either alone or with one or more other persons, bid for or purchase, for any account in which it or any of its affiliated purchasers has a beneficial interest, any Shares and WarrantsSecurities or Warrant Shares, or attempt to induce any person to purchase any Shares and WarrantsSecurities or Warrant Shares; and not to, and to use its reasonable best efforts to cause its affiliated purchasers not to, make bids or purchase for the purpose of creating actual, or apparent, active trading in or of raising the price of the Shares and WarrantsSecurities or Warrant Shares.