Common use of Effect of Put Cancellation Clause in Contracts

Effect of Put Cancellation. Anytime a Put Cancellation Notice is delivered to Investor after the Put Date, the Put, , shall remain effective with respect to a number of Put Shares (the "Truncated Put Share Amount"), which shall equal the lesser of (i) 15% of the sum of the daily reported trading volume in the outstanding Common Stock on the Company's Principal Market during each Evaluation Day of the Truncated Pricing Period, (ii) the number of Put Shares which, when multiplied by their respective Put Share Prices, equals the Maximum Put Dollar Amount, and (iii) 9.9% of the total amount of the Company's Common Stock that would be outstanding upon completion of the Put.

Effect of Put Cancellation. Anytime a Put Cancellation Notice is delivered to Investor after the Put Date, the Put, , Put shall remain effective with respect to a number of Put Shares (the "Truncated Put Share Amount"), ) which shall equal the lesser of (i) 1520% of the sum of the daily reported trading volume in the outstanding Common Stock on the Company's Principal Market during each Evaluation Day of the Truncated Pricing Period, (ii) the number of Put Shares which, when multiplied by their respective Put Share Prices, equals the Maximum Put Dollar Amount, and (iii) 9.9% of the total amount of the Company's Common Stock that would be outstanding upon completion of the Put.

Effect of Put Cancellation. Anytime a Put Cancellation Notice is delivered to Investor after the Put Date, the Put, , shall remain effective with respect to a number of Put Shares (the "Truncated Put Share Amount"), which shall equal the lesser of (i) 1517.5% of the sum of the daily reported trading volume in the outstanding Common Stock on the Company's Principal Market during each Evaluation Day of the Truncated Pricing Period, (ii) the number of Put Shares which, when multiplied by their respective Put Share Prices, equals the Maximum Put Dollar Amount, and (iii) 9.9% of the total amount of the Company's Common Stock that would be outstanding upon completion of the Put.