Common use of Net Exercise Election Clause in Contracts

Net Exercise Election. On the terms and conditions set forth in the Warrant, the undersigned Holder elects to exercise the Warrant by net exercise election pursuant to Section 2.5 of the Warrant. This conversion is exercised with respect to ____________________ shares of Warrant Stock.

Net Exercise Election. On the terms and conditions set forth in the Warrant, the The undersigned Holder elects to exercise convert the Warrant by net exercise election pursuant to Section 2.5 of the Warrant. This conversion is exercised with respect to _________into ___________ shares of Warrant StockStock by net exercise election pursuant to Section 2.5 of the Warrant.

Net Exercise Election. On the terms and conditions set forth in the Warrant, the The undersigned Holder elects to exercise convert the Warrant by net exercise election pursuant to Section 2.5 of the Warrant. This conversion is exercised with respect to _________into ___________ shares of Warrant Stock.Stock by net exercise election pursuant to Section 2.7 of the Warrant. [CHECK PARAGRAPH ABOVE THAT APPLIES]

Net Exercise Election. On the terms and conditions set forth in the Warrant, the The undersigned Holder elects to exercise convert the Warrant by net exercise election pursuant to Section 2.5 of the Warrant. This conversion is exercised with respect to _________into ___________ shares of Warrant StockStock by net exercise election pursuant to Section 2.7 of the Warrant.