Common use of Exchange and Replacement of Warrant Certificates Clause in Contracts

Exchange and Replacement of Warrant Certificates. This Warrant Certificate is exchangeable without expense, upon the surrender hereof by the registered Holder at the principal executive office of the Company, for a new Warrant Certificate of like tenor and date representing in the aggregate the right to purchase the same number of Warrant Shares in such denominations as shall be designated by the Holder thereof at the time of such surrender. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant Certificate, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it, and reimbursement to the Company of all reasonable expenses incidental thereto, and upon surrender and cancellation of the Warrants, if mutilated, the Company will make and deliver a new Warrant of like tenor, in lieu thereof and any such lost, stolen, destroyed or mutilated warrant shall thereupon become void.

Exchange and Replacement of Warrant Certificates. This Each Warrant Certificate is exchangeable without expense, upon the surrender hereof thereof by the registered Holder at the principal executive office of the Company, for a new Warrant Certificate of like tenor and date representing in the aggregate the right to purchase the same number of Warrant Shares in such denominations as shall be designated by the Holder thereof at the time of such surrender. Upon receipt by the Company of evidence reasonably satisfactory to it and its counsel of the loss, theft, destruction or mutilation of this any Warrant Certificate, and, in case of loss, theft or destruction, of reasonable indemnity or security reasonably satisfactory to it(which in the case of an institutional Holder shall be an unsecured indemnity agreement) and, and reimbursement to the Company in case of all reasonable expenses incidental theretomutilation, and upon surrender and cancellation of the Warrants, if mutilatedWarrant Certificate, the Company will make execute and deliver deliver, in lieu thereof, a new Warrant Certificate of like tenor, in lieu thereof and any such tenor representing the same rights as the lost, stolen, destroyed or mutilated warrant shall thereupon become voidWarrant Certificate.

Exchange and Replacement of Warrant Certificates. This Each Warrant Certificate is exchangeable without expense, upon the surrender hereof thereof by the registered Holder at the principal executive office of the Company, for a new Warrant Certificate of like tenor and date representing in the aggregate the right to purchase the same number of Warrant Shares Securities in such denominations as shall be designated by the Holder thereof at the time of such surrender; provided, however, the Company shall not be required to deliver any Warrant Certificate representing a right to purchase less than 40,000 Warrant Shares ; provided, further, the Holder requesting such new certificate shall pay any stamp, documentary or similar tax in connection therewith. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this any Warrant Certificate, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it, and reimbursement to the Company of all reasonable expenses incidental thereto, and upon surrender and cancellation of the Warrants, if mutilated, the Company will make and deliver a new Warrant Certificate of like tenor, in lieu thereof and any such lost, stolen, destroyed or mutilated warrant shall thereupon become voidthereof.

Exchange and Replacement of Warrant Certificates. This Each Warrant Certificate is exchangeable without expense, upon the surrender hereof by the registered Holder at the principal executive office of the Company, for a new Warrant Certificate of like tenor and date representing in the aggregate the right to purchase the same number of Warrant Shares in such denominations as shall be designated by the Holder thereof at the time of such surrender. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this any Warrant Certificate, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it, and reimbursement to the Company of all reasonable expenses incidental thereto, and upon surrender and cancellation of the Warrants, if mutilated, the Company will make and deliver a new Warrant Certificate of like tenor, in lieu thereof and any such lost, stolen, destroyed or mutilated warrant shall thereupon become void.