Common use of RESERVATION AND AUTHORIZATION OF WARRANT SHARES Clause in Contracts

RESERVATION AND AUTHORIZATION OF WARRANT SHARES. The Company will at all times reserve and keep available, free from preemptive rights, solely for issue upon the exercise of Warrants such number of its authorized but unissued Warrant Shares deliverable upon the exercise of Warrants as will be sufficient to permit the exercise in full of all outstanding Warrants. The Company covenants that all Warrant Shares will, at all times that Warrants are exercisable, be duly approved for listing subject to official notice of issuance on each securities exchange, if any, on which the Common Stock are then listed. The Company covenants that all Warrant Shares that may be issued on exercise of Warrants will upon issuance be duly authorized, validly issued and fully paid and nonassessable and free of preemptive or similar rights. The Company hereby authorizes and directs its current and future transfer agents for the Common Stock at all times to reserve stock certificates for such number of authorized shares as will be requisite for such purpose. The Warrant Agent is hereby authorized to requisition from time to time from any such transfer agents stock certificates required to honor outstanding Warrants on exercise thereof in accordance with the terms of this Agreement, and the Company hereby authorizes and directs such transfer agents to comply with all such requests of the Warrant Agent. The Company will supply such transfer agents with duly executed stock certificates for such purposes.

RESERVATION AND AUTHORIZATION OF WARRANT SHARES. The Company will shall at all times reserve and keep available, free from preemptive rights, solely for issue upon the exercise of Warrants as herein provided, such number of its authorized but unissued Warrant Shares deliverable upon the exercise of Warrants as will be sufficient to permit the exercise in full of all outstanding Warrants. The Company covenants that all Warrant Shares will, at all times that Warrants are exercisable, be duly approved for listing subject to official notice of issuance on each securities exchange, if any, on which the Common Stock Shares are then listed. The Company covenants that (i) all Warrant Shares that may be issued on upon exercise of Warrants will shall upon issuance be duly and validly authorized, validly issued and fully paid and nonassessable non-assessable and free of preemptive or similar rightsrights and (ii) the stock certificates issued to evidence any such Warrant Shares will comply with the Oklahoma General Corporation Act and any other applicable law. The Company hereby authorizes and directs its current and future transfer agents for the Common Stock Shares at all times to reserve stock certificates for such number of authorized shares as will shall be requisite required for such purpose. The Warrant Agent is hereby authorized to requisition from time to time from any such transfer agents stock certificates required to honor outstanding Warrants on upon exercise thereof in accordance with the terms of this Agreement, and the Company hereby authorizes and directs such transfer agents to comply with all such requests of the Warrant Agent. The Company will supply such transfer agents with duly executed stock certificates for such purposes. Promptly after the date of expiration of all of the Warrants in accordance with Section 3.2(b), the Warrant Agent shall certify to the Company the aggregate number of Warrants then outstanding, and thereafter no Warrant Shares shall be reserved in respect of such Warrants.

RESERVATION AND AUTHORIZATION OF WARRANT SHARES. The Company will shall at all times reserve and keep available, free from preemptive rights, solely for issue upon the exercise of Warrants as herein provided, such number of its authorized but unissued Warrant Shares deliverable upon the exercise of Warrants as will be sufficient to permit the exercise in full of all outstanding Warrants. The Company covenants that all Warrant Shares will, at all times that Warrants are exercisable, be duly approved for listing subject to official notice of issuance on each securities exchange, if any, or the NNM, if applicable, on which the Common Stock Shares are then listedlisted or traded. The Company covenants that (i) all Warrant Shares that may be issued on upon due exercise of Warrants will shall upon issuance be duly and validly authorized, validly issued and fully paid and nonassessable and free of preemptive or similar rightsrights and (ii) the stock certificates issued to evidence any such Warrant Shares will comply with Section 158 of the Delaware General Corporation Law (or its successor) and any other applicable law. The Company hereby authorizes and directs its current and future transfer agents for the Common Stock Shares at all times to reserve stock certificates for such number of authorized shares as will shall be requisite for such purpose. The Warrant Agent is hereby authorized to requisition from time to time from any such transfer agents stock certificates required to honor outstanding Warrants on exercise thereof in accordance with the terms of this Agreement, and the Company hereby authorizes and directs such transfer agents to comply with all such requests of the Warrant Agent. The Company will supply such transfer agents with duly executed stock certificates for such purposes.

RESERVATION AND AUTHORIZATION OF WARRANT SHARES. The Company will shall at all times reserve and keep available, free from preemptive rights, solely for issue upon the exercise of Warrants as herein provided, such number of its authorized but unissued Warrant Shares deliverable upon the exercise of Warrants as will be sufficient to permit the exercise in full of all outstanding Warrants. The Company covenants that all Warrant Shares will, at all times that Warrants are exercisable, be duly approved for listing subject to official notice of issuance on each securities exchange, if any, or Nasdaq, if applicable, on which the Common Stock Shares are then listedlisted or traded. The Company covenants that (i) all Warrant Shares that may be issued on upon exercise of Warrants will shall upon issuance be duly and validly authorized, validly issued and fully paid and nonassessable and free of preemptive or similar rightsrights and (ii) the stock certificates issued to evidence any such Warrant Shares will comply with Section 158 of the Delaware General Corporation Law (or its successor) and any other applicable law. The Company hereby authorizes and directs its current and future transfer agents for the Common Stock Shares at all times to reserve stock certificates for such number of authorized shares as will shall be requisite for such purpose. The Warrant Agent is hereby authorized to requisition from time to time from any such transfer agents stock certificates required to honor outstanding Warrants on exercise thereof in accordance with the terms of this Agreement, and the Company hereby authorizes and directs such transfer agents to comply with all such requests of the Warrant Agent. The Company will supply such transfer agents with duly executed stock certificates for such purposes.

RESERVATION AND AUTHORIZATION OF WARRANT SHARES. The Company will shall at all times reserve and keep available, free from preemptive rights, solely for issue upon the exercise of Warrants as herein provided, such number of its authorized but unissued Warrant Shares deliverable upon the exercise of Warrants as will be sufficient to permit the exercise in full of all outstanding Warrants. The Company covenants that all Warrant Shares will, at all times that Warrants are exercisable, be duly approved for listing subject to official notice of issuance on each securities exchange, if any, on which the Common Stock Shares are then listed. The Company covenants that (i) all Warrant Shares that may be issued on upon exercise of Warrants will shall upon issuance be duly and validly authorized, validly issued and fully paid and nonassessable and free of preemptive or similar rightsrights and (ii) the stock certificates issued to evidence any such Warrant Shares will comply with the Oklahoma General Corporation Act and any other applicable law. The Company hereby authorizes and directs its current and future transfer agents for the Common Stock Shares at all times to reserve stock certificates for such number of authorized shares as will shall be requisite for such purpose. The Warrant Agent is hereby authorized to requisition from time to time from any such transfer agents stock certificates required to honor outstanding Warrants on upon exercise thereof in accordance with the terms of this Agreement, and the Company hereby authorizes and directs such transfer agents to comply with all such requests of the Warrant Agent. The Company will supply such transfer agents with duly executed stock certificates for such purposes. Promptly after the date of expiration of all of the Warrants in accordance with Section 3.2(b), the Warrant Agent shall certify to the Company the aggregate number of Warrants then outstanding, and thereafter no Warrant Shares shall be reserved in respect of such Warrants.

RESERVATION AND AUTHORIZATION OF WARRANT SHARES. The Company will shall at all times reserve and keep available, free from preemptive rights, solely for issue upon the exercise of Warrants as herein provided, such number of its authorized but unissued Warrant Shares deliverable upon the exercise of Warrants as will be sufficient to permit the exercise in full of all outstanding Warrants. The Company covenants that all Warrant Shares will, at all times that Warrants are exercisable, be duly approved for listing subject to official notice of issuance on each securities exchange, if any, or the Nasdaq National Market, if applicable, on which the Common Stock Shares are then listedlisted or traded. The Company covenants that (i) all Warrant Shares that may be issued on upon due exercise of Warrants will shall upon issuance be duly and validly authorized, validly issued and fully paid and nonassessable and free of preemptive or similar rightsrights and (ii) the stock certificates issued to evidence any such Warrant Shares will comply with Section 158 of the Delaware General Corporation Law (or its successor) and any other applicable law. The Company hereby authorizes and directs its current and future transfer agents for the Common Stock Shares at all times to reserve stock certificates for such number of authorized shares as will shall be requisite for such purpose. The Warrant Agent is hereby authorized to requisition from time to time from any such transfer agents stock certificates required to honor outstanding Warrants on exercise thereof in accordance with the terms of this Agreement, and the Company hereby authorizes and directs such transfer agents to comply with all such requests of the Warrant Agent. The Company will supply such transfer agents with duly executed stock certificates for such purposes.

RESERVATION AND AUTHORIZATION OF WARRANT SHARES. The Company will shall at all times reserve and keep available, free from preemptive rights, solely for issue upon the exercise of Warrants as herein provided, such number of its authorized but unissued Warrant Shares deliverable upon the exercise of Warrants as will be sufficient to permit the exercise in full of all outstanding Warrants. The Company covenants that all Warrant Shares will, at all times that Warrants are exercisable, be duly approved for listing subject to official notice of issuance on each securities exchange, if any, on which the Common Stock Shares are then listed. The Company covenants that (i) all Warrant Shares that may be issued on upon exercise of Warrants will shall upon issuance be duly and validly authorized, validly issued and fully paid and nonassessable and free of preemptive or similar rightsrights and (ii) the stock certificates issued to evidence any such Warrant Shares will comply with Section 78 of the Nevada Revised Statutes (or its successor) and any other applicable law. The Company hereby authorizes and directs its current and future transfer agents for the Common Stock Shares at all times to reserve stock certificates for such number of authorized shares as will shall be requisite for such purpose. The Warrant Agent is hereby authorized to requisition from time to time from any such transfer agents stock certificates required to honor outstanding Warrants on exercise thereof in accordance with the terms of this Agreement, and the Company hereby authorizes and directs such transfer agents to comply with all such requests of the Warrant Agent. The Company will supply such transfer agents with duly executed stock certificates for such purposes.

RESERVATION AND AUTHORIZATION OF WARRANT SHARES. The Company will shall at all times reserve and keep available, free from preemptive rights, solely for issue upon the exercise of Warrants as herein provided, such number of its authorized but unissued Warrant Shares deliverable upon the exercise of Warrants as will be sufficient to permit the exercise in full of all outstanding Warrants. The Company covenants that all Warrant Shares will, at all times that Warrants are exercisable, be duly approved for listing subject to official notice of issuance on each securities exchange, if any, on which the Common Stock Shares are then listed. The Company covenants that (i) all Warrant Shares that may be issued on upon exercise of Warrants will shall upon issuance be duly and validly authorized, validly issued and fully paid and nonassessable and free of preemptive or similar rightsrights and (ii) the stock certificates issued to evidence any such Warrant Shares will comply with the Oklahoma General Corporation Act and any other applicable law. The Company hereby authorizes and directs its current and future transfer agents for the Common Stock Shares at all times to reserve stock certificates for such number of authorized shares as will shall be requisite for such purpose. The Warrant Agent is hereby authorized to requisition from time to time from any such transfer agents stock certificates required to honor outstanding Warrants on upon exercise thereof in accordance with the terms of this Agreement, and the Company hereby authorizes and directs such transfer agents to comply with all such requests of the Warrant Agent. The Company will supply such transfer agents with duly executed stock certificates for such purposes.. Promptly after the date of expiration of all of the Warrants in

RESERVATION AND AUTHORIZATION OF WARRANT SHARES. The Company will shall at all times reserve and keep available, free from preemptive rights, solely for issue upon the exercise of Warrants as herein provided, such number of its authorized but unissued Warrant Shares deliverable upon the exercise of Warrants as will be sufficient to permit the exercise in full of all outstanding Warrants. The Company covenants that all Warrant Shares will, at all times that Warrants are exercisable, be duly approved for listing subject to official notice of issuance on each securities exchange, if any, on which the Common Stock Shares are then listed. The Company covenants that (i) all Warrant Shares that may be issued on upon exercise of Warrants will shall upon issuance be duly and validly authorized, validly issued and fully paid and nonassessable and free of preemptive or similar rights. rights and (ii) the stock certificates issued to evidence any such Warrant Shares The Company hereby authorizes and directs its current and future transfer agents for the Common Stock Shares at all times to reserve stock certificates for such number of authorized shares as will shall be requisite for such purpose. The Warrant Agent is hereby authorized to requisition from time to time from any such transfer agents stock certificates required to honor outstanding Warrants on exercise thereof in accordance with the terms of this Agreement, and the Company hereby authorizes and directs such transfer agents to comply with all such requests of the Warrant Agent. The Company will supply such transfer agents with duly executed stock certificates for such purposes.