Common use of Exchange of Warrant Upon a Transfer Clause in Contracts

Exchange of Warrant Upon a Transfer. On surrender of this Warrant ----------------------------------- for exchange, properly endorsed on the Assignment Form and subject to the provisions of this Warrant with respect to compliance with the Act and with the limitations on assignments and transfers contained in this Section 7 and Sections 3 and 7 of the Purchase Agreement, the Company at its expense shall issue to or on the order of the Holder a new warrant or warrants of like tenor, in the name of the Holder or as the Holder (on payment by the Holder of any applicable transfer taxes) may direct, for the number of shares issuable upon exercise hereof.

Exchange of Warrant Upon a Transfer. On surrender of this Warrant ----------------------------------- for exchange, properly endorsed on the Assignment Form and subject to the provisions of this Warrant with respect to compliance with the Securities Act of 1933, as amended (the “Act”) and with the limitations on assignments and transfers contained in this Section 7 and Sections 3 and 7 of the Purchase Agreement7, the Company at its expense shall issue to or on the order of the Holder a new warrant or warrants of like tenor, in the name of the Holder or as the Holder (on payment by the Holder of any applicable transfer taxes) may direct, for the number of shares issuable upon exercise hereofthereof.

Exchange of Warrant Upon a Transfer. On surrender of this Warrant ----------------------------------- for transfer or exchange, with valid transfer instructions properly endorsed on the Assignment Form endorsed, and subject to the provisions of this Warrant with respect to compliance with applicable federal and state securities laws (the Act “Securities Laws”), and with the limitations on assignments and transfers contained in this Section 7 and Sections 3 and 7 of the Purchase Agreement5, the Company at its the Holder’s expense shall issue to or on the order of the Holder a new warrant or warrants of like tenor, in the name of the Holder or as the Holder (on payment by the Holder of any applicable transfer taxes) may direct, for the number of shares issuable upon exercise hereof, or a portion hereof.

Exchange of Warrant Upon a Transfer. On Upon surrender of this Warrant ----------------------------------- for exchange, properly endorsed on the Assignment Form attached hereto as Exhibit B and subject to the provisions of this Warrant with respect to compliance with the Act and with the limitations on assignments and transfers contained in this Section 7 and Sections 3 and 7 of the Purchase AgreementSection, the Company at its expense shall issue to to, or on upon the order of the of, Holder a new warrant or warrants of like tenor, in the name of the Holder or as the Holder (on upon payment by the Holder of any all applicable transfer taxes, if any) may direct, for the number of shares issuable upon exercise hereof.

Exchange of Warrant Upon a Transfer. On surrender of this Warrant ----------------------------------- for exchange, properly endorsed on the Assignment Form annexed hereto as Appendix B and subject to the provisions of this Warrant with respect to compliance with the Securities Act and with the limitations on assignments and transfers contained in this Section 7 and Sections 3 and 7 of the Purchase Agreement11, the Company at its expense shall issue to or on the order of the Holder a new warrant Warrant or warrants Warrants of like tenor, in the name of the Holder or as the Holder (on payment by the Holder of any applicable transfer taxes) may direct, for the number of shares Exercise Shares issuable upon exercise hereof.

Exchange of Warrant Upon a Transfer. On surrender of this Warrant ----------------------------------- for exchange, properly endorsed on the Assignment Form and subject to the provisions of this Warrant with respect to compliance with the Act and with the limitations on assignments and transfers contained in this Section 7 and Sections 3 and 7 of the Purchase AgreementOffering Documentation or the Conversion Documentation, as the case may be, the Company at its expense shall issue to or on the order of the Holder a new warrant or warrants of like tenor, in the name of the Holder or as the Holder (on payment by the Holder of any applicable transfer taxes) may direct, for the number of shares issuable upon exercise hereof.

Exchange of Warrant Upon a Transfer. On surrender of this Warrant ----------------------------------- for exchange, properly endorsed on the Assignment Form Form, accompanied by payment of any applicable transfer taxes, and subject to the provisions of this Warrant with respect to compliance with the Act and with the limitations on assignments and transfers contained in this Section 7 and Sections 3 and 7 of the Purchase Agreement6, the Company at its expense shall issue and cause to be delivered to or on the order of the Holder a new warrant Warrant or warrants Warrants of like tenor, in the name of the Holder or in the name of such other person as the Holder (on payment by the Holder of any applicable transfer taxes) may direct, for the number of shares issuable upon exercise hereof.

Exchange of Warrant Upon a Transfer. On surrender of this Warrant ----------------------------------- for exchange, properly endorsed on the Assignment Form and subject to the provisions of this Warrant with respect to compliance with the Securities Act and with the limitations on assignments and transfers contained in this Section 7 and Sections 3 and 7 of the Purchase Agreement5, the Company Company, at its expense expense, shall issue to or on the order of the Holder a new warrant or warrants of like tenorwith the same terms and conditions, in the name of the Holder or as the Holder (on payment by the Holder of any applicable transfer taxes) may direct, for the number of shares issuable upon exercise hereofthereof.

Exchange of Warrant Upon a Transfer. On surrender of this Warrant ----------------------------------- for exchange, properly endorsed on the Assignment Form and subject to the provisions of this Warrant with respect to compliance with the Act and with the limitations on assignments and transfers contained in this Section 7 and Sections Section 3 and 7 of the Purchase Agreement, the Company at its expense shall issue to or on the order of the Holder a new warrant or warrants of like tenor, in the name of the Holder or as the Holder (on payment by the Holder of any applicable transfer taxes) may direct, for the number of shares issuable upon exercise hereof.

Exchange of Warrant Upon a Transfer. On surrender of this ----------------------------------- Warrant ----------------------------------- for exchange, properly endorsed on the Assignment Form and subject to the provisions of this Warrant with respect to compliance with the Act and with the limitations on assignments and transfers contained in this Section 7 and Sections 3 and 7 of the Purchase Agreement7, the Company at its expense shall promptly issue to or on the --------- order of the Holder a new warrant or warrants of like tenor, in the name of the Holder or as the Holder (on payment by the Holder of any applicable transfer taxes) may direct, for the number of shares issuable upon exercise hereof.