Common use of Fractional Shares of Common Stock Clause in Contracts

Fractional Shares of Common Stock. The Company may, but will --------------------------------- not be required to, issue fractions of shares of Common Stock or to distribute shares of Common Stock certificates which evidence fractions of shares upon the exercise of the Warrants; provided, however, that in lieu of fractional shares of Common Stock the Company shall make a cash payment thereof for equal in amount to the product of the applicable fraction multiplied by the current market price of shares of the Company's Common Stock then in effect.

Fractional Shares of Common Stock. The Company may, but will --------------------------------- shall not be required to, issue fractions of shares of Common Stock upon exercise of Warrants or to distribute shares of Common Stock stock certificates which evidence fractions of shares upon the exercise of the Warrants; provided, however, that in lieu of fractional shares of Common Stock. Whenever any fraction of a share of Common Stock would otherwise be required to be issued or distributed, the Company actual issuance or distribution in respect thereof shall make a cash payment thereof for equal be made in amount to the product accordance with Section 2(d)(v) of the applicable fraction multiplied by the current market price of shares of the Company's Common Stock then in effectWarrant Certificate.

Fractional Shares of Common Stock. The Company may, but will --------------------------------- not be required to, issue fractions of shares of Common Stock or to distribute shares of Common Stock certificates which evidence fractions of shares upon the exercise of the Warrants; provided, however, that in lieu of fractional shares of Common Stock the Company shall make a cash payment thereof for therefor equal in amount to the product of the applicable fraction multiplied by the "current market price of shares of the Company's Common Stock price" then in effect.

Fractional Shares of Common Stock. The Following the occurrence of a Triggering Event, the Company may, but will --------------------------------- shall not be required to, to issue fractions of shares of Common Stock upon exercise of the Rights or to distribute certificates which evidence fractional shares of Common Stock certificates which evidence fractions of shares upon the exercise of the Warrants; provided, however, that in Stock. In lieu of fractional shares of Common Stock Stock, the Company shall make a cash payment thereof for equal in amount may pay to the product registered holders of Rights Certificates at the applicable time such Rights are exercised as herein provided an amount in cash equal to the same fraction multiplied by of the current market price of shares of the Company's Common Stock then in effect.value of

Fractional Shares of Common Stock. The Company may, but will --------------------------------- not be required to, issue fractions of fractional shares of Common Stock or to distribute shares of Common Stock certificates which evidence fractions of shares upon the exercise of the Warrants; provided, however, that in lieu of issuance of fractional shares of Common Stock the Company shall may make a cash payment thereof for equal in amount to the product of the applicable fraction multiplied by the then current market price of shares of the Company's ’s Common Stock then in effectStock.

Fractional Shares of Common Stock. The Company may, but will --------------------------------- not be required to, issue fractions of shares of Common Stock or to distribute shares of Common Stock certificates which evidence fractions of shares upon the exercise of the Warrants; provided, however, that in lieu of fractional shares of Common Stock the Company shall make a cash payment thereof for therefor equal in amount to the product of the applicable fraction multiplied by the current market price Market Price as defined in Section 13(c) below of shares of the Company's Common Stock then in effectStock.

Fractional Shares of Common Stock. The Company may, but will --------------------------------- not be required to, issue fractions of shares of Common Stock or to distribute shares of Common Stock certificates which evidence fractions of shares upon the exercise of the Warrants; , provided, however, that in lieu of fractional shares of Common Stock the Company shall make a cash payment thereof for therefor equal in amount to the product of the applicable fraction multiplied by the "current market price of shares of the Company's Common Stock price" then in effect.

Fractional Shares of Common Stock. The Company may, but will --------------------------------- not be required to, issue fractions of shares of Common Stock or to distribute shares of Common Stock certificates which evidence fractions of shares upon the exercise of the Warrants; provided, however, that in lieu of fractional shares of Common Stock the Company shall make a cash payment thereof for therefor equal in amount to the product of the applicable fraction multiplied by the current market price fair value (as determined by the Board of shares Directors of the Company's Common Stock then , determined in effectgood faith) as of the date such fractional shares would have been issued.