Common use of Issuance of Additional Warrants Clause in Contracts

Issuance of Additional Warrants. On timely exercise of the Outstanding Warrants on each of the dates specified in this Agreement, the Company agrees to issue new warrants to Holder to acquire the same number of shares of Common Stock then acquired, such new warrants to have an exercise price of $8.75 per share of Common Stock (the "$8.75 Warrants"). The $8.75 Warrants shall be exercisable at any time after August 1, 1997, and prior to the close of business on April 16, 2003. The $8.75 Warrants shall be in the form attached hereto as Exhibit "A" and incorporated herein by this reference.

Issuance of Additional Warrants. On timely exercise of the Outstanding Warrants on each of by the dates date specified in this Agreement, the Company agrees to issue new warrants to Holder to acquire the same number of shares of Common Stock then acquiredthat were originally subject to the Outstanding Warrants, such new warrants to have an exercise price of $8.75 per share of Common Stock (the "$8.75 Warrants"). The $8.75 Warrants shall be exercisable at any time after August 1, 1997, and prior to the close of business on April 16, 20032001. The $8.75 Warrants shall be in the form attached hereto as Exhibit "A" and incorporated herein by this reference.