Common use of Issuance of Notes and Warrants Clause in Contracts

Issuance of Notes and Warrants. The Company agrees to issue and sell to each of the Investors and. subject to all of the terms and conditions hereof. each of the Investors severally agrees to purchase (i) a convertible promissory note in the form of Exhibit A hereto (each a "Note" and collectively the "Notes'') in the principal amount set forth opposite the respective Investor's name on Schedule I hereto and (ii) a warrant to purchase capital stock of the Company in the form of Exhibit B hereto (each a "Warrant" and collectively, the "Warrants") for the purchase price set forth opposite the respective Investor's name on Schedule I hereto. After consideration of all relevant factors; the Company and the Investors agree that the value of the Warrants is equal to $0.001 times the principal amount of the Note. The obligations of the Investors to purchase Notes are several and not joint and the obligations of the Investors to purchase Warrants are several and not joint.

Issuance of Notes and Warrants. The Company agrees to issue and sell to each of the Investors and. , subject to all of the terms and conditions hereof. , each of the Investors severally agrees to purchase (i) a convertible promissory note in the form of Exhibit A hereto (each each, a "“Note" and collectively ” and, collectively, the "“Notes''”) in the principal amount set forth opposite the respective Investor's ’s name on Schedule I hereto and (ii) a warrant to purchase capital stock of the Company in the form of Exhibit B hereto (each each, a "“Warrant" ” and collectively, the "“Warrants"”) for the purchase price set forth opposite the respective Investor's ’s name on Schedule I hereto. After consideration of all relevant factors; , the Company and the Investors agree that the value of the Warrants Warrant is equal to $0.001 times the principal amount of the Note. The obligations of the Investors to purchase Notes are several and not joint and the obligations of the Investors to purchase Warrants are several and not joint.