Common use of Issuance of Warrant; Term Clause in Contracts

Issuance of Warrant; Term. In the event that (a) Company or any of ------------------------- Company's successors or assigns (an "Affiliated Entity") shall cause to be made or shall be involved in a public offering of its stock (an "IPO") within ten (10) years from the date hereof, and (b) there has been no acquisition or merger of the Company prior to the time of the IPO as described in Paragraph 7 hereunder, Holder shall have the right to acquire from the Company Common Stock of the Company at a price equal to the IPO price, with the maximum number of shares which Holder shall have the right to purchase to be determined as follows:

Issuance of Warrant; Term. In the event that (a) Company or any of ------------------------- Company's successors or assigns (an "Affiliated Entity") shall cause to be made or shall be involved in a public offering of its stock (an "IPO") within ten (10) years from the date hereof, and (b) there has been no acquisition or merger of the Company prior to the time of the IPO as described in Paragraph 7 hereunder, Holder shall have the right option to acquire from the Company Common Stock of the Company at a price equal to the IPO price, with the maximum number of shares which Holder shall have the right option to purchase to be determined as follows:

Issuance of Warrant; Term. In the event that (a) Company or any of ------------------------- Company's successors or assigns (an "Affiliated Entity") shall cause to be made or shall be involved in a public offering of its stock (an "IPO") within ten (10) years from the date hereof, and (b) there has been no acquisition or merger of the Company prior to the time of the IPO as described in Paragraph 7 hereunderIPO, Holder shall have the right option to acquire from the Company or an Affiliated Entity the Common Stock of the Company or the Affiliated Entity, as applicable, at a price equal to the IPO price, with the maximum number of shares which Holder shall have the right option to purchase to be determined as follows: