Common use of Duration of Exercise of Warrant Clause in Contracts

Duration of Exercise of Warrant. This Warrant is exercisable at the option of Holder at any time from the Notice Date until 5:00 P.M. (California time) on the Expiration Date for all or a portion of the shares of Common Stock that may be purchased hereunder. This Warrant shall be exercised upon surrender to the Company of this Warrant properly endorsed with a completed and executed Subscription Agreement in the form attached hereto as Exhibit A, and upon payment in cash or cashier's check of the aggregate Exercise Price for the number of shares of Common Stock for which this Warrant is being exercised (the "Warrant Shares"). The Company agrees that any Warrant Shares purchased under this Warrant shall be deemed to be issued to Holder as the record owner of such shares as of the close of business on the date on which this Warrant shall have been surrendered and payment made for such shares. Certificates for the Warrant Shares so purchased, together with any other securities or property to which Holder is entitled upon such exercise, shall be delivered to Holder by the Company or its transfer agent at the Company's expense as soon as practicable after the rights represented by this Warrant have been exercised. Each stock certificate so delivered shall be in such denominations of Common Stock as may be reasonably requested by Holder and shall be registered in the name of Holder or such other name as shall be designated by Holder. If, upon exercise of this Warrant, fewer than all of the shares issuable upon exercise of this Warrant are purchased, one or more new warrants substantially in the form of, and on the terms contained in, this Warrant will be issued for the remaining number of shares not exercised.

Duration of Exercise of Warrant. This Warrant is exercisable at the option of the Holder at any time or from time to time but not earlier than on the Notice Commencement Date until or later than 5:00 P.M. p.m. (California timeNew York Time) on the Expiration Date for all or a portion of the shares of Common Stock that which may be purchased hereunder. This Warrant shall be exercised upon surrender to the Company of this Warrant properly endorsed with a completed and executed Subscription Agreement in the form attached hereto as Exhibit A, and upon payment in cash or cashier's check of the aggregate Exercise Price for the number of shares of Common Stock for which this Warrant is being exercised (the "Warrant Shares"). The Company agrees that any Warrant Shares the shares of Stock purchased under this Warrant shall be and are deemed to be issued to Holder as the record owner of such shares as of the close of business on the date on which this Warrant shall have been surrendered and payment made for such shares. Certificates Subject to the provisions of Section 2, certificates for the Warrant Shares shares of Stock so purchased, together with any other securities or property to which Holder is entitled upon such exercise, shall be delivered to Holder by the Company or its Company's transfer agent at the Company's expense as soon as practicable promptly after the rights represented by this Warrant have been exercised. Each stock certificate so delivered shall be in such denominations of Common Stock as may be reasonably requested by Holder and shall be registered in the name of Holder or such other name as shall be designated by Holder, subject to the limitations contained in Section 2. If, upon exercise of this Warrant, fewer than all of the shares issuable upon exercise of Stock evidenced by this Warrant are purchasedpurchased prior to the Expiration Date of this Warrant, one or more new warrants substantially in the form of, and on the terms contained in, this Warrant will be issued for the remaining number of shares of Stock not exercisedpurchased upon exercise of this Warrant.

Duration of Exercise of Warrant. This Warrant is exercisable at the option of the Holder at any time from after the Notice Date Exercise Price has been determined and until 5:00 P.M. (California time) on the Expiration Date for all or a portion of the shares of Common Stock Warrant Shares that may be purchased acquired hereunder. This Warrant shall be exercised upon surrender to the Company of this Warrant properly endorsed with a completed and executed Subscription Agreement in the form attached hereto as Exhibit A, and upon payment in cash or cashier's check of the aggregate Exercise Price for the number of shares of Common Stock Warrant Shares for which this Warrant is being exercised exercised. At the option of the Holder, the Exercise Price may be paid in any one or a combination of the following forms: (a) by the "Holder's check or wire transfer of funds to the Company in the amount of the Exercise Price, (b) by the surrender to the Company of shares of Class A Common Stock or other securities or instruments of the Company and/or its subsidiaries having a Fair Value equal to the amount of the Exercise Price, and/or (c) by the surrender to the Company of that portion of this Warrant Shares")having a Fair Value equal to the amount of the Exercise Price. In lieu of exercising this Warrant as provided above, the Holder may from time to time at the Holder's option convert this Warrant, in whole or in part, into a number of shares of Class A Common Stock determined by dividing (A) the aggregate Fair Value of such shares otherwise issuable upon exercise of this Warrant minus the aggregate Exercise Price of such shares by (B) the Fair Value of one such share. The Company agrees that any Warrant Shares purchased under acquired pursuant to this Warrant shall be deemed to be issued to Holder as the record owner of such shares as of the close of business on the date on which this Warrant shall have been surrendered and payment made for such sharesWarrant Shares in a manner permitted by the terms of this Warrant. Certificates for the Warrant Shares so purchasedacquired, together with any other securities or property to which Holder is entitled upon such exercise, conversion or exchange, shall be delivered to Holder by the Company or its transfer agent at the Company's expense as soon as practicable within a reasonable time after the rights represented by this Warrant have been exercised. Each stock certificate so delivered shall be in such denominations of Class A Common Stock as may be reasonably requested by Holder and shall be registered in the name of Holder or such other name as shall be designated by Holder. If, upon exercise exercise, conversion or exchange of this Warrant, fewer than all of the shares issuable upon exercise of Warrant Shares subject to this Warrant are purchasedacquired prior to the Expiration Date of this Warrant, one or more new warrants substantially in the form of, and on the terms contained in, this Warrant will be issued for the remaining number of Warrant Shares not acquired upon such exercise, conversion or exchange. For purposes of this Warrant, (x) the Fair Value of shares of Class A Common Stock as of a given date shall mean: (i) the average closing price of such shares on the principal exchange (or NASDAQ NMS) on which such shares are then trading, if any (or as reported on any composite index which includes such principal exchange), on the ten most recent trading days immediately prior to such date; or (ii) if such shares are not exercisedtraded on an exchange (or NASDAQ NMS) but are quoted on NASDAQ Small Cap or a successor quotation system, the average mean between the closing bid and asked prices for such shares, on the ten most recent trading days immediately prior to such date as reported by NASDAQ Small Cap or such successor quotation system; or (iii) if such shares are not publicly traded on an exchange (or NASDAQ NMS) or quoted on NASDAQ Small Cap or a successor quotation system, the Fair Value shall mean such amount as determined by the Board of Directors of the Company, and (y) the Fair Value of this Warrant (or portion hereof) and any other securities or instruments as of a given date shall mean such amount as determined by the Board of Directors of the Company.

Duration of Exercise of Warrant. This Warrant is exercisable at the option of Holder at any time from the Notice Date until 5:00 P.M. (California time) on the Expiration Date for all or a portion of the shares of Common Stock that may be purchased hereunder. This Warrant shall be exercised upon surrender to the Company of this Warrant properly endorsed with a completed and executed Subscription Agreement in the form attached hereto as Exhibit A, and upon payment in cash or cashier's check of the aggregate Exercise Price for the number of shares of Common Stock for which this Warrant is being exercised (the "Warrant Shares"). The Company agrees that any Warrant Shares purchased under this Warrant shall be deemed to be issued to Holder Xxxxxx as the record owner of such shares as of the close of business on the date on which this Warrant shall ___________________________ /1/ (Does not represent ___ shares - See Paragraph 2 for computation.) have been surrendered and payment made for such shares. Certificates for the Warrant Shares so purchased, together with any other securities or property to which Holder Xxxxxx is entitled upon such exercise, shall be delivered to Holder by the Company or its transfer agent at the Company's expense as soon as practicable after the rights represented by this Warrant have been exercised. Each stock certificate so delivered shall be in such denominations of Common Stock as may be reasonably requested by Holder and shall be registered in the name of Holder or such other name as shall be designated by Holder. If, upon exercise of this Warrant, fewer than all of the shares issuable upon exercise of this Warrant are purchased, one or more new warrants substantially in the form of, and on the terms contained in, this Warrant will be issued for the remaining number of shares not exercised.

Duration of Exercise of Warrant. This Warrant is exercisable at the option of Holder at any time from the Notice Date until 5:00 P.M. (California time) on the Expiration Date for all or a portion of the shares of Common Stock that may be purchased hereunder. This Warrant shall be exercised upon surrender to the Company of this Warrant properly endorsed with a completed and executed Subscription Agreement in the form attached hereto as Exhibit A, and upon payment in cash or cashier's check of the aggregate Exercise Price for the number of shares of Common Stock for which this Warrant is being exercised (the "Warrant Shares"). The Company agrees that any Warrant Shares purchased under this Warrant shall be deemed to be issued to Holder Xxxxxx as the record /1// (Does not represent ___ shares - See Paragraph 2 for computation.) owner of such shares as of the close of business on the date on which this Warrant shall have been surrendered and payment made for such shares. Certificates for the Warrant Shares so purchased, together with any other securities or property to which Holder Xxxxxx is entitled upon such exercise, shall be delivered to Holder by the Company or its transfer agent at the Company's expense as soon as practicable after the rights represented by this Warrant have been exercised. Each stock certificate so delivered shall be in such denominations of Common Stock as may be reasonably requested by Holder and shall be registered in the name of Holder or such other name as shall be designated by Holder. If, upon exercise of this Warrant, fewer than all of the shares issuable upon exercise of this Warrant are purchased, one or more new warrants substantially in the form of, and on the terms contained in, this Warrant will be issued for the remaining number of shares not exercised.