Common use of Reduced Exercise Price Clause in Contracts

Reduced Exercise Price. In the event that the Company shall not ---------------------- have obtained the approval of its stockholders of the conversion of the Series 1-B Warrants into Series 1-A Warrants (the "Series 1-B-to-1-A Conversion") on or ---------------------------- prior to the Outside Date, the Exercise Price herein shall be reduced to $0.01.

Reduced Exercise Price. In the event that the Company shall not ---------------------- have obtained the approval of its stockholders of the conversion of the Series 12-B Warrants into Series 12-A Warrants (the "Series 12-B-to-1to-2-A Conversion") ), on ---------------------------- or ---------------------------- prior to the Outside Date, Date the Exercise Price herein shall be reduced to $0.01.