Common use of Reservation and Listing Clause in Contracts

Reservation and Listing. The Company shall at all times reserve and keep available out of its authorized shares of Common Stock, solely for the purpose of issuance upon exercise of the Purchase Options, such number of shares of Common Stock or other securities, properties or rights as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Purchase Options and payment of the Exercise Price therefor, all shares of Common Stock and other securities issuable upon such exercise shall be duly and validly issued, fully paid and non-assessable and not subject to preemptive rights of any stockholder. As long as the Purchase Options shall be outstanding, the Company shall use its best efforts to cause all shares of Common Stock issuable upon exercise of the Purchase Options to be listed and/or quoted (subject to official notice of issuance) on all securities exchanges (or, if applicable on NASDAQ) on which the Common Stock issued to the public in connection herewith are then listed and/or quoted.

Reservation and Listing. The Company shall at all times reserve and keep available out of its authorized shares of Common Stock, solely for the purpose of issuance upon exercise of the Purchase OptionsWarrants, such number of shares of Common Stock or other securities, properties or rights as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Purchase Options Warrants and payment of the Exercise Price therefor, all shares of Common Stock and other securities issuable upon such exercise shall be duly and validly issued, fully paid and non-assessable and not subject to preemptive rights of any stockholder. As long as the Purchase Options Warrants shall be outstanding, the Company shall use its best efforts to cause all shares of Common Stock issuable upon exercise of the Purchase Options Warrants to be listed and/or quoted (subject to official notice of issuance) on all securities exchanges (or, if applicable applicable, on NASDAQNasdaq) on which the Common Stock issued to the public in connection herewith are is then listed and/or quoted.

Reservation and Listing. The Company shall at all times reserve and keep available out of its authorized shares of Common Stock, solely for the purpose of issuance upon exercise of the Purchase Options, such number of shares of Common Stock or other securities, properties or rights as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Purchase Options and payment of the Exercise Price therefor, all shares of Common Stock and other securities issuable upon such exercise shall be duly and validly issued, fully paid and non-assessable and not subject to preemptive rights of any stockholder. As long as the Purchase Options shall be outstanding, the Company shall use its best efforts to cause all the shares of Common Stock issuable upon exercise of the Purchase Options to be listed and/or quoted (subject to official notice of issuance) on all securities exchanges (or, if applicable on NASDAQNasdaq) on which the Common Stock issued to the public in connection herewith are then listed and/or quoted.

Reservation and Listing. The Company shall at all times reserve and keep available out of its authorized shares of Common Stock, solely for the purpose of issuance upon exercise of the Purchase Optionsthis Warrant, such number of shares of Common Stock Warrant Shares or other securities, properties or rights as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Purchase Options Warrants and payment of the Exercise Price therefor, all shares of Common Stock Warrant Shares and other securities issuable upon such exercise exercise, conversion or dividend payment shall be duly and validly issued, fully paid and non-assessable and not subject to preemptive rights of any stockholder. As long as the Purchase Options Warrants shall be outstanding, the Company shall use its best efforts to cause all shares of Common Stock Warrant Shares issuable upon exercise of the Purchase Options Warrants to be listed and/or quoted (subject to official notice of issuance) on all the OTC Bulletin Board and/or one or more securities exchanges (or, if applicable on NASDAQ) on which the and to cause its Common Stock issued to be listed on the public in connection herewith are then listed NASDAQ National Marketing and/or quotedone or more securities exchanges.

Reservation and Listing. The Company shall at all times reserve and keep ----------------------- available out of its authorized shares of Common Stock, solely for the purpose of issuance upon exercise of the Purchase Options, such number of shares of Common Stock or other securities, properties or rights as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Purchase Options and payment of the Exercise Price therefor, all shares of Common Stock and other securities issuable upon such exercise shall be duly and validly issued, fully paid and non-assessable and not subject to preemptive rights of any stockholder. As long as the Purchase Options shall be outstanding, the Company shall use its best efforts to cause all shares of Common Stock issuable upon exercise of the Purchase Options to be listed and/or quoted (subject to official notice of issuance) on all securities exchanges (or, if applicable applicable, on NASDAQNasdaq) on which the Common Stock issued to the public in connection herewith are is then listed and/or quoted.

Reservation and Listing. The Company shall at all times reserve and keep available out of its authorized shares of Common Stock, solely for the purpose of issuance upon exercise of the Purchase OptionsWarrants, such number of shares of Common Stock or other securities, properties or rights as shall be issuable upon the exercise thereof. The Company covenants and agrees that, upon exercise of the Purchase Options Warrants and payment of the Exercise Price therefor, in accordance with the terms hereof, all shares of Common Stock and other securities issuable upon such exercise shall be duly and validly issued, fully paid and non-assessable and not subject to preemptive rights of any stockholdershareholder. As long as the Purchase Options Warrants shall be outstanding, the Company shall use its best commercially reasonable efforts to cause all shares of Common Stock Shares issuable upon exercise of the Purchase Options Warrants to be listed and/or quoted (subject to official notice of issuance) on all securities exchanges (or, if applicable on NASDAQ) the Nasdaq Capital Market or any other market on which the Common Stock issued to the public in connection herewith are the Offering may then be listed and/or quoted.