Common use of Conversion Exercise Clause in Contracts

Conversion Exercise. The undersigned hereby elects irrevocably to exercise its right to convert ________________ Warrants pursuant to Section 2.5 of the within Purchase Option by surrender of the unexercised portion of the attached Warrant (with a “Warrant Value” of $______________; a “Current Stock Market Value” of $______________; and a “Current Market Price” of $____________). Please issue that number of securities comprising the Units (as determined in accordance with Section 2.5 of the Purchase Option) in accordance with the instructions given below. Signature Signature Guaranteed NOTICE: THE SIGNATURE TO THIS FORM MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THE WITHIN PURCHASE OPTION IN EVERY PARTICULAR WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATSOEVER, AND MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (AS THAT TERM IS DEFINED IN RULE 17AD-15 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED). Name: ______________________________________________________________________________________ (Print in Block Letters) Address: ____________________________________________________________________________________ Exhibit C Form to be used to assign Purchase Option: FORM OF ASSIGNMENT (To be executed by the registered Holder to effect a transfer of the within Purchase Option): FOR VALUE RECEIVED _________________________________________________________________ does hereby sell, assign and transfer unto ___________________________________________, a permitted transferee under Section 3 of the Purchase Option, the right to purchase ____________ Units of Symmetry Holdings Inc. (the “Company”) evidenced by the within Purchase Option and does hereby authorize the Company to transfer such right on the books of the Company. Dated: ____________________, 200___ Signature Signature Guaranteed NOTICE: THE SIGNATURE TO THIS FORM MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THE WITHIN PURCHASE OPTION IN EVERY PARTICULAR WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATSOEVER, AND MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (AS THAT TERM IS DEFINED IN RULE 17AD-15 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED).

Conversion Exercise. The undersigned hereby elects irrevocably to exercise its right to convert ________________ Warrants pursuant to Section 2.5 of the within Purchase Option by surrender of the unexercised portion of the attached Warrant (with a “Warrant Value” of $______________$ ; a “Current Stock Market Value” of $______________$ ; and a “Current Market Price” of $____________$ ). Please issue that number of securities comprising the Units (as determined in accordance with Section 2.5 of the Purchase Option) in accordance with the instructions given below. Signature Signature Guaranteed NOTICE: THE SIGNATURE TO THIS FORM MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THE WITHIN PURCHASE OPTION IN EVERY PARTICULAR WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATSOEVER, AND MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (AS THAT TERM IS DEFINED IN RULE 17AD-15 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED). INSTRUCTIONS FOR REGISTRATION OF SECURITIES Name: ______________________________________________________________________________________ (Print in Block Letters) Address: ____________________________________________________________________________________ Exhibit C Form to be used to assign Purchase Option: FORM OF ASSIGNMENT (To be executed by the registered Holder to effect a transfer of the within Purchase Option): FOR VALUE RECEIVED _________________________________________________________________ does hereby sell, assign and transfer unto ___________________________________________, a permitted transferee under Section 3 of the Purchase Option, the right to purchase ____________ Units of Symmetry Holdings Inc. (the “Company”) evidenced by the within Purchase Option and does hereby authorize the Company to transfer such right on the books of the Company. Dated: __:__________________, 200___ Signature Signature Guaranteed NOTICE: THE SIGNATURE TO THIS FORM MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THE WITHIN PURCHASE OPTION IN EVERY PARTICULAR WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATSOEVER, AND MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (AS THAT TERM IS DEFINED IN RULE 17AD-15 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED).Guaranteed

Conversion Exercise. The undersigned hereby elects irrevocably to exercise its right to convert ________________ Warrants Units pursuant to Section 2.5 2.4 of the within Purchase Option by surrender of the unexercised portion of the attached Warrant Purchase Option (with a “Warrant Value” of $______________$ ; a “Current Stock Market Value” of $______________$ ; and a “Current Market Price” of $____________$ ). Please issue that number of securities comprising the Units (as determined in accordance with Section 2.5 2.4 of the Purchase Option) in accordance with the instructions given below. Signature Signature Guaranteed NOTICE: THE SIGNATURE TO THIS FORM MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THE WITHIN PURCHASE OPTION IN EVERY PARTICULAR WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATSOEVER, AND MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (AS THAT TERM IS DEFINED IN RULE 17AD-15 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED). INSTRUCTIONS FOR REGISTRATION OF SECURITIES Name: ______________________________________________________________________________________ (Print in Block Letters) Address: ____________________________________________________________________________________ Exhibit C B Form to be used to assign Purchase Optionexercise underlying Warrants: WARRANT EXERCISE FORM OF ASSIGNMENT (To be executed by the registered Holder to effect a transfer of the within Purchase Option): FOR VALUE RECEIVED _________________________________________________________________ does hereby sell, assign and transfer unto ___________________________________________, a permitted transferee under Section 3 of the Purchase Option, the right to purchase ____________ Units of Symmetry Holdings Inc. (the “Company”) evidenced by the within Purchase Option and does hereby authorize the Company to transfer such right on the books of the Company. Dated: ____[address] Date:________________, 200___ Signature Signature Guaranteed NOTICEPayment Exercise: THE SIGNATURE TO THIS FORM MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THE WITHIN PURCHASE OPTION IN EVERY PARTICULAR WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATSOEVER, AND MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION The undersigned hereby elects irrevocably to exercise [all] [a portion of] the Warrants and to purchase shares of Common Stock of Symmetry Holdings Inc. and hereby makes payment of $ (AS THAT TERM IS DEFINED IN RULE 17AD-15 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED).at the rate of $5.50 per share) in payment of the Warrant Exercise Price pursuant thereto. Please issue the shares of Common Stock as to which the Warrants are exercised in accordance with the instructions given below. OR