Common use of Payment of Warrant Exercise Price Clause in Contracts

Payment of Warrant Exercise Price. The Exercise Price (“Exercise Price”) shall be the greater of (a) $1.50 per share; and (b) $0.01 above the closing sales price of the Company’s Common Stock on the date the Loan Agreement is entered into by the parties (the “Initial Exercise Price”), subject to adjustment pursuant to the terms hereof, including but not limited to Section 5 below. Payment of the Exercise Price may be made by either of the following, or a combination thereof, at the election of Holder:

Payment of Warrant Exercise Price. The Exercise Price (“Exercise Price”) shall be the greater of (a) initially equal $1.50 1.00 per share; and (b) $0.01 above the closing sales price of the Company’s Common Stock on the date the Loan Agreement is entered into by the parties share (the “Initial Exercise Price”), subject to adjustment pursuant to the terms hereof, including but not limited to Section 5 below. Payment of the Exercise Price may be made by either of the following, or a combination thereof, at the election of Holder:

Payment of Warrant Exercise Price. The Exercise Price per share (“"Exercise Price”") shall be the greater of (a) initially equal $1.50 per share; and (b) $0.01 above the closing sales price of the Company’s Common Stock on the date the Loan Agreement is entered into by the parties 1.00 (the “"Initial Exercise Price”"), subject to adjustment pursuant to the terms hereof, including but not limited to Section 5 below. Payment of the Exercise Price may be made by either of the following, or a combination thereof, at the election of Holder:.

Payment of Warrant Exercise Price. The Exercise Price (“Exercise Price”) shall be the greater of (a) initially equal $1.50 1.2043 per share; and (b) $0.01 above the closing sales price of the Company’s Common Stock on the date the Loan Agreement is entered into by the parties share (the “Initial Exercise Price”), subject to adjustment pursuant to the terms hereof, including but not limited to Section 5 below. Payment of the Exercise Price may shall be made by either of the followingin cash, bank or a combination thereof, at the election of Holder:cashier’s check or wire transfer.

Payment of Warrant Exercise Price. The Exercise Price (“Exercise Price”) shall be the greater of (a) initially equal $1.50 0.50 per share; and (b) $0.01 above the closing sales price of the Company’s Common Stock on the date the Loan Agreement is entered into by the parties share (the “Initial Exercise Price”), provided that as of December 31, 2008, the Exercise Price shall be reduced, but not increased, to $0.25 per share, all subject to adjustment pursuant to the terms hereof, including but not limited to Section 5 below. Payment of the Exercise Price may be made by either of the following, or a combination thereof, at the election of Holder:

Payment of Warrant Exercise Price. The Exercise Price (“Exercise Price”) shall be the greater of (a) initially equal $1.50 1.00 per share; and (b) $0.01 above the closing sales price of the Company’s Common Stock on the date the Loan Agreement is entered into by the parties share (the “Initial Exercise Price”), provided that as of December 31, 2008, the Exercise Price shall be reduced, but not increased, to $0.50 per share, all subject to adjustment pursuant to the terms hereof, including but not limited to Section 5 below. Payment of the Exercise Price may be made by either of the following, or a combination thereof, at the election of Holder:

Payment of Warrant Exercise Price. The Exercise Price per share (“"Exercise Price”") shall be the greater of (a) $1.50 per share; and (b) $0.01 above the closing sales price of the Company’s Common Stock on the date the Loan Agreement is entered into by the parties initially equal (the “"Initial Exercise Price”)") $1.00; provided, subject to adjustment pursuant to however, that if the terms hereof, including but not limited to Section 5 Date of Exercise is after the Trading Initiation Date (as defined below. Payment of ) and the Exercise Price may be made by either of the following, or a combination thereof, at the election of Holder:"

Payment of Warrant Exercise Price. The Exercise Price per share (“"Exercise Price”") shall be the greater of (a) initially equal $1.50 per share; and (b) $0.01 above the closing sales price of the Company’s Common Stock on the date the Loan Agreement is entered into by the parties 0.22 (the “"Initial Exercise Price”), subject to adjustment pursuant to the terms hereof, including but not limited to Section 5 below. Payment of the Exercise Price may be made by either of the following, or a combination thereof, at the election of Holder:Exercise

Payment of Warrant Exercise Price. The Exercise Price (“Exercise Price”) shall be the greater of (a) initially equal $1.50 0.50 per share; and (b) $0.01 above the closing sales price of the Company’s Common Stock on the date the Loan Agreement is entered into by the parties share (the “Initial Exercise Price”), subject to adjustment pursuant to the terms hereof, including but not limited to Section 5 below. Payment of the Exercise Price may be made by either of the following, or a combination thereof, at the election of Holder:

Payment of Warrant Exercise Price. The Exercise Price (“"Exercise Price”") shall be initially equal $0.60 per share (the greater of (a"Initial Exercise Price") $1.50 per share; and (b) $0.01 above or the closing sales price Company, as a result of the Company’s Common Stock on the date the Loan Agreement is entered into by the parties provisions of Section 5 hereto, may calculate an anti-dilution exercise price (the “Initial Anti-dilution Exercise Price”), subject to adjustment pursuant to the terms hereof, including but not limited to Section 5 below. Payment of the Exercise Price or the Anti-dilution Exercise Price may be made by either of the following, or a combination thereof, at the election of Holder:

Payment of Warrant Exercise Price. The Exercise Price (“Exercise Price”) shall be the greater of (a) initially equal $1.50 1.00 per share; and (b) $0.01 above the closing sales price of the Company’s Common Stock on the date the Loan Agreement is entered into by the parties share (the “Initial Exercise Price”), provided that as of December 31, 2008, the Exercise Price shall be reduced, but not increased, to $0.25 per share, all subject to adjustment pursuant to the terms hereof, including but not limited to Section 5 below. Payment of the Exercise Price may be made by either of the following, or a combination thereof, at the election of Holder:

Payment of Warrant Exercise Price. The Exercise Price (“Exercise Price”) shall be the greater of (a) initially equal $1.50 2.50 per share; and (b) $0.01 above the closing sales price of the Company’s Common Stock on the date the Loan Agreement is entered into by the parties share (the “Initial Exercise Price”), subject to adjustment pursuant to the terms hereof, including but not limited to Section 5 below. Payment of the Exercise Price may be made by either of the following, or a combination thereof, at the election of Holder:

Payment of Warrant Exercise Price. The Exercise Price (“Exercise Price”) shall be the greater of (a) $1.50 1.35 per share; and (b) $0.01 above the closing sales price of the Company’s Common Stock on the date the Loan Agreement is entered into by the parties (the “Initial Exercise Price”), subject to adjustment pursuant to the terms hereof, including but not limited to Section 5 below. Payment of the Exercise Price may be made by either of the following, or a combination thereof, at the election of HolderXxxxxxxxx: