Common use of Fractional Shares of Common Stock Clause in Contracts

Fractional Shares of Common Stock. The Company will not issue fractions of Warrants or distribute Warrant certificates which evidence fractional Warrants. In lieu of such fractional Warrants, there shall be paid to the Holders to whom Warrant certificates representing such fractional Warrants would otherwise be issuable an amount in cash equal to the product of such fraction of a Warrant multiplied by the current market price per share of Common Stock issuable with respect to such fraction of a Warrant.

Fractional Shares of Common Stock. The Company will not issue fractions of Warrants or distribute Warrant certificates which evidence fractional Warrants. In lieu of such fractional Warrants, there shall be paid to the Holders to whom Warrant certificates representing such fractional Warrants would otherwise be issuable an amount in cash equal to the product of such fraction of a Warrant multiplied by the current market price Market Price per share of Common Stock issuable with respect to such fraction of a Warrant.