Common use of Exercise; Issuance of Certificates; Payment for Shares Clause in Contracts

Exercise; Issuance of Certificates; Payment for Shares. This Warrant may be exercised by the holder hereof, in whole or in part (but not as to a fractional Share), and on one or more occasions, by written notice to the Company at its principal office at 21101 Oxnard Street, Woodxxxx Xxxxx, Xxxxxxxxxx 00000 (xx xxxx xxxxx xxxxxx or agency of the Company as it may designate by notice in writing to the holder hereof at the address of such holder appearing on the books of the Company) at any time within the period above named and by payment to the Company by cashier's check or wire transfer of the Warrant Price for the number of Shares designated by the holder (but not more than the number of Shares for which this Warrant then remains unexercised). The Company agrees that the Shares so purchased will be deemed to have been issued to the holder hereof as the record owner of such Shares as of the close of business on the date on which such notice is received and payment made as aforesaid. Certificates for the Shares so purchased will be delivered to the holder hereof within a reasonable time, not exceeding fifteen (15) business days, after this Warrant has been exercised, and, unless this Warrant has expired, it will continue in effect with respect to the number of Shares, if any, as to which it has not then been exercised.

Exercise; Issuance of Certificates; Payment for Shares. This Each Warrant may be exercised by the holder hereofHolder, in whole or in part (but not as to a fractional Share), and on one or more occasions, by sending written notice (using the form set forth in Exhibit B hereto) to the Company at its principal office at 21101 Oxnard Street75 Robin Hill Road, Woodxxxx XxxxxGoleta, Xxxxxxxxxx 00000 California 93117 (or such other office or xxxxxx xx xxxx xxxxx xxxxxx or agency of the xxe Company as it may from time to time designate by notice in writing to the holder hereof at the address of such holder appearing on the books of the CompanyHolder) at any time within the period above named and by payment to the Company by cashier's check or wire transfer of the Warrant aggregate Exercise Price for the number of Shares designated by for which the holder Warrant is exercised (but not more than the number of Shares for which this the Warrant then remains unexercised). The Company agrees that the Shares so purchased will be deemed to have been issued to the holder hereof Holder as the record owner of such Shares as of the close of business on the date on which such notice is received and payment made as aforesaid. Certificates for the Shares so purchased will be delivered to the holder hereof Holder within a reasonable time, not exceeding fifteen (15) business daysBusiness Days, after this the Warrant has been exercised, and, unless this the Warrant has expired, it will continue in effect with respect to the number of Shares, if any, as to which it has not then been exercised.

Exercise; Issuance of Certificates; Payment for Shares. This Warrant may be exercised by the holder hereofHolder, in whole or in part (but not as to a fractional Share)part, and on one or more occasions, by written notice to the Company at its principal office at 21101 Oxnard StreetCompany, Woodxxxx Xxxxxin the form attached as Exhibit A hereto, Xxxxxxxxxx 00000 (xx xxxx xxxxx xxxxxx or agency of the Company as it may designate by notice in writing to the holder hereof at the address of such holder appearing on the books of the Company) at any time within prior to 5:00 p.m., Santa Xxxxxxx time, on the period above named Expiration Date, and by payment to the Company by cashier's check or wire transfer (in accordance with the wire transfer instructions attached hereto as Exhibit B) of the aggregate Warrant Price for the number of Shares designated by the holder Holder (but not more than the number of Shares for which this Warrant then remains subject and unexercised). The Consideration received by the Company agrees that the Shares so purchased will be deemed to have been issued under a broker-assisted sale and remittance program acceptable to the holder hereof as the record owner of such Shares as of the close of business on the date on which such notice is received and payment made as aforesaidCompany may also be used to exercise this Warrant. Certificates for the Shares so purchased will be delivered to the holder hereof Holder within a reasonable time, not exceeding fifteen (15) business days, after this Warrant has been exercised, and, unless this Warrant has expired, it will continue in effect with respect to the number of Shares, if any, as to which it has not then been exercisedexercised and which remain covered by this Warrant as herein provided. Each exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the business day on which the Notice is given to the Company. At such time, the person or persons in whose name or names any certificate for the Shares shall be issuable upon such exercise shall be deemed to have become the holder or holders of record of the Shares represented by such certificate or certificates, and to be entitled to all rights of a Stockholder with respect to such Shares, including without limitation voting rights.

Exercise; Issuance of Certificates; Payment for Shares. This The rights represented by this Warrant may be exercised by the holder hereofhereof at any time within the period specified above, in whole or in part (but not as to a fractional Shareshare of Common Stock), and on one or more occasions, by written notice the surrender of this Warrant (accompanied by the Notice of Exercise attached to this Warrant as Exhibit 1) at the principal office of the Company at its principal (or such other office at 21101 Oxnard Street, Woodxxxx Xxxxx, Xxxxxxxxxx 00000 (xx xxxx xxxxx xxxxxx or agency of the Company as it may designate by notice in writing to the holder hereof at the address of such holder appearing on the books of the Company) (a) at any time within specifying the period above named number of shares of Common Stock being purchased and (b) accompanied by payment a check payable to the Company by cashier's check or wire transfer of the Warrant Price for the number of Shares designated by the holder (but not more than the number of Shares purchase price for which this Warrant then remains unexercised)such shares. The Company agrees that the Shares shares so purchased will shall be deemed to have been be issued to the holder hereof as the record owner of such Shares shares as of the close of business on the date on which such notice is received this Warrant shall have been surrendered and payment made for such shares as aforesaid. Certificates for the Shares shares so purchased will shall be delivered to the holder hereof within a reasonable time, not exceeding fifteen (15) business ten days, after the rights represented by this Warrant has shall have been so exercised, and, unless this Warrant has expired, it will continue in effect with respect a new Warrant of like tenor, representing the right to purchase the number of Sharesshares, if any, as with respect to which it has this Warrant shall not then have been exercised, shall also be delivered to the holder hereof within such time.

Exercise; Issuance of Certificates; Payment for Shares. This Warrant may be exercised by the holder hereofHolder, in whole or in part (but not as to a fractional Share)part, and on one or more occasions, by written notice to the Company at its principal office at 21101 Oxnard StreetCompany, Woodxxxx Xxxxxin the form attached as Exhibit C hereto (the “Notice”), Xxxxxxxxxx 00000 (xx xxxx xxxxx xxxxxx or agency of the Company as it may designate by notice in writing to the holder hereof at the address of such holder appearing on the books of the Company) at any time within the period above named Exercise Period and by payment to the Company by cashier's check or wire transfer (in accordance with the wire transfer instructions attached hereto as Exhibit D) of the aggregate Warrant Price for the number of Shares designated by the holder Holder (but not more than the number of Shares for which this Warrant then remains subject and unexercised). The Consideration received by the Company agrees that the Shares so purchased will be deemed to have been issued under a broker-assisted sale and remittance program acceptable to the holder hereof as the record owner of such Shares as of the close of business on the date on which such notice is received and payment made as aforesaidCompany may also be used to exercise this Warrant. Certificates for the Shares so purchased will be delivered to the holder hereof Holder within a reasonable time, not exceeding fifteen (15) business days, after this Warrant has been exercised, and, unless this Warrant has expired, it will continue in effect with respect to the number of Shares, if any, as to which it has not then been exercisedexercised and which remain covered by this Warrant as herein provided. Each exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the business day on which the Notice is given to the Company. At such time, the person or persons in whose name or names any certificate for the Shares shall be issuable upon such exercise shall be deemed to have become the holder or holders of record of the Shares represented by such certificate or certificates, and to be entitled to all rights of a Stockholder with respect to such Shares, including without limitation voting rights.

Exercise; Issuance of Certificates; Payment for Shares. This The rights represented by this Warrant may be exercised by the holder hereofHolder, in whole or in part (but not as to a fractional Shareshare), at any time or from time to time during the Exercise Period, upon presentation and on one or more occasions, by written notice surrender of this Warrant to the Company Company, at its principal office at 21101 Oxnard Streetas set forth on Page 1 of this Warrant, Woodxxxx Xxxxx, Xxxxxxxxxx 00000 with a duly executed subscription (xx xxxx xxxxx xxxxxx or agency in the form attached hereto) and accompanied by payment of the Company as it may designate Purchase Price for each share so purchased. Such payment shall be made, in cash or by notice in writing certified, bank, or cashier's check, payable to the holder hereof at the address of such holder appearing on the books order of the Company) at any time within the period above named and , or by payment to the Company by cashier's check or wire transfer of funds to the Warrant Price for the number of Shares designated by the holder (but not more than the number of Shares for which this Warrant then remains unexercised)Company's account. The Company agrees that the Shares shares so purchased will shall be deemed to have been issued to the holder hereof as the record owner of such Shares Holder as of the close of business on the date on which such notice is received this Warrant shall have been surrendered to the Company, along with the subscription and full payment made as aforesaidfor the Units purchased. Certificates for the Shares shares so purchased will and, unless this Warrant shall have expired, a new Warrant representing the number of shares, if any, with respect to which this Warrant shall not then have been exercised, shall be delivered to the holder hereof Holder within a reasonable time, not exceeding fifteen (15) business and in any event within 30 days, after the Holder has complied with the provisions of this Warrant has been exercised, and, unless this Warrant has expired, it will continue in effect with respect to the number of Shares, if any, as to which it has not then been exercisedSection 1.

Exercise; Issuance of Certificates; Payment for Shares. This The rights represented by this Warrant may be exercised by the holder hereofHolder, in whole or in part (but not as to a fractional ShareUnit), at any time or from time to time during the Exercise Period, upon presentation and on one or more occasions, by written notice surrender of this Warrant to the Company Company, at its principal office at 21101 Oxnard Streetas set forth on Page 1 of this Warrant, Woodxxxx Xxxxx, Xxxxxxxxxx 00000 with a duly executed subscription (xx xxxx xxxxx xxxxxx or agency in the form attached hereto) and accompanied by payment of the Company as it may designate Purchase Price for each Unit so purchased. Such payment shall be made, in cash or by notice in writing certified, bank, or cashier's check, payable to the holder hereof at the address of such holder appearing on the books order of the Company) at any time within the period above named and , or by payment to the Company by cashier's check or wire transfer of funds to the Warrant Price for the number of Shares designated by the holder (but not more than the number of Shares for which this Warrant then remains unexercised)Company's account. The Company agrees that the Shares Units so purchased will shall be deemed to have been issued to the holder hereof as the record owner of such Shares Holder as of the close of business on the date on which such notice is received this Warrant shall have been surrendered to the Company, along with the subscription and full payment made as aforesaidfor the Units purchased. Certificates for the Shares securities so purchased will and, unless this Warrant shall have expired, a new Warrant representing the number of Units, if any, with respect to which this Warrant shall not then have been exercised, shall be delivered to the holder hereof Holder within a reasonable time, not exceeding fifteen (15) business and in any event within 30 days, after the Holder has complied with the provisions of this Warrant has been exercised, and, unless this Warrant has expired, it will continue in effect with respect to the number of Shares, if any, as to which it has not then been exercisedSection 1.