Common use of Exercise Price and Payment Clause in Contracts

Exercise Price and Payment. Subject to the provisions of this Agreement, the Holder shall have the right to purchase from the Company (and the Company shall issue and sell to such Holder) that number of fully paid and non-assessable Warrant Shares, at the price of $0.17 per share (the "EXERCISE PRICE"), as shall be designated in a completed and executed Election to Purchase form appearing on the reverse side of each Certificate, and upon surrender to the Company of the Certificate evidencing each such Warrant being exercised, and payment of a monetary amount equal to the product of the Exercise Price and the number of Warrant Shares being purchased (the "Exercise Price Multiple"). The Exercise Price Multiple may be paid in cash, check, or by certified or official bank check payable to the order of the Company, or by "cashless" exercise, as set forth below.

Exercise Price and Payment. Subject to the provisions of this ----------------------------- Agreement, the Holder shall have the right to purchase from the Company (and the Company shall issue and sell to such Holder) that number of fully paid and non-assessable Warrant Shares, at the price of $0.17 per share Exercise Price (as stated in the "EXERCISE PRICE"), applicable Warrant Certificate) and as shall be designated in a completed and executed Election to Purchase form appearing on the reverse side of each Certificate, and upon surrender to the Company of the Certificate evidencing each such Warrant being exercised, and payment of a monetary amount equal to the product of the Exercise Price and the number of Warrant Shares being purchased (the "Exercise Price Multiple"). The Exercise Price Multiple may be paid in cash, check, or by certified or official bank check payable to the order of the Company, or by "cashless" or "easy" exercise, as set forth below.

Exercise Price and Payment. Subject to the provisions of this Agreement, the Holder shall have the right to purchase from the Company (and the Company shall issue and sell to such Holder) that number of fully paid and non-assessable Warrant Shares, at the price of $0.17 0.50 per share (the "EXERCISE PRICE"), as shall be designated in a completed and executed Election to Purchase form appearing on the reverse side of each Certificate, and upon surrender to the Company of the Certificate evidencing each such Warrant being exercised, and payment of a monetary amount equal to the product of the Exercise Price and the number of Warrant Shares being purchased (the "Exercise Price Multiple"). The Exercise Price Multiple may be paid in cash, check, or by certified or official bank check payable to the order of the Company, or by "cashless" exercise, as set forth below.

Exercise Price and Payment. Subject to the provisions of this Agreement, the Holder shall have the right to purchase from the Company (and the Company shall issue and sell to such Holder) that number of fully paid and non-assessable Warrant Shares, at the price of $0.17 per share (the "EXERCISE Exercise PRICE"), as shall be designated in a completed and executed Election to Purchase form appearing on the reverse side of each Certificate, and upon surrender to the Company of the Certificate evidencing each such Warrant being exercised, and payment of a monetary amount equal to the product of the Exercise Price and the number of Warrant Shares being purchased (the "Exercise Price Multiple"). The Exercise Price Multiple may be paid in cash, check, or by certified or official bank check payable to the order of the Company, or by "cashless" exercise, as set forth below.