Common use of Reservation of Common Stock Clause in Contracts

Reservation of Common Stock. The Company shall at all times reserve and keep available a number of its authorized but unissued shares of Common Stock that will be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this Agreement.

Reservation of Common Stock. The Company shall at all times thereafter reserve and keep available a for issuance upon the exercise of the Warrants such number of its authorized but unissued shares of Common Stock that as will be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this AgreementWarrants, and upon such issuance such shares of Common Stock will be validly issued, fully paid and nonassessable.

Reservation of Common Stock. The Company shall will at all times reserve and keep available a number of its authorized but unissued shares of Common Stock that will be sufficient to permit available, solely for issuance and delivery upon the exercise in full of all outstanding Warrants issued pursuant the Common Warrants, the Warrant Shares issuable from time to this Agreementtime upon such exercise.

Reservation of Common Stock. The Company shall at all times reserve and keep available a for issuance upon the exercise of the Option such number of its authorized but unissued shares of Common Stock that will (whether unissued or treasury or both) as shall be sufficient to permit the full exercise in full of all outstanding Warrants issued pursuant to this Agreementthe Option.

Reservation of Common Stock. The Company shall will at all times reserve and keep available a for issuance upon the exercise of Warrants such number of its authorized but unissued shares of Common Stock that as will be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this AgreementWarrants, and upon such issuance such shares of Common Stock will be validly issued, fully paid, and nonassessable.

Reservation of Common Stock. The Company shall at all times reserve and keep available a number of its authorized but unissued shares of Common Stock that will be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this AgreementWarrants.

Reservation of Common Stock. The Company shall at all times reserve and keep available a number out of its authorized but unissued shares of Common Stock that will be sufficient to permit Stock, solely for the purpose of issuance upon the exercise in full of this Warrant, such number of shares of Common Stock as shall be issuable upon the exercise hereof. The Company covenants and agrees that, upon exercise of this Warrant and payment of the Purchase Price thereof, all outstanding Warrants issued pursuant to this AgreementShares of Common Stock issuable upon such exercise shall be duly and validly issued, fully paid and non-assessable.

Reservation of Common Stock. The Company shall will at all times time reserve and keep available a such number of its authorized but unissued shares of Common Stock that as will be sufficient to permit the exercise in full of all outstanding Warrants issued this Option. Upon exercise of this Option pursuant to this Agreementits terms, the Holder will acquire fully paid and non-assessable ownership rights of the Common Stock, free and clear of any liens, claims or encumbrances.

Reservation of Common Stock. The Company shall shall, at all times times, reserve and keep available a for issuance upon the exercise of this Warrant and the Other Warrants such number of its authorized but unissued shares of Common Stock that as will be sufficient to permit the exercise in full of all of the outstanding Warrants issued pursuant to this Agreementand, upon such issuance, all such shares of Common Stock will be validly issued, fully paid and nonassessable.

Reservation of Common Stock. The Company shall will at all times reserve and keep available a such number of its authorized but unissued shares of Common Stock that as will be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to and the Underlying Warrants. Upon exercise of this AgreementWarrant and the Underlying Warrants, the Holder will acquire fully paid and non-assessable ownership rights of the Common Stock, free and clear of any liens, claims or encumbrances.

Reservation of Common Stock. The Company shall at all times use its commercially reasonable efforts to reserve and continue to reserve and keep available at all times, free of preemptive rights, a sufficient number of its authorized but unissued shares of Common Stock that will be sufficient for the purpose of enabling the Company to permit the exercise in full of all outstanding Warrants issued issue Common Stock Shares pursuant to this AgreementAgreement and Original Warrants Shares and Warrants Shares pursuant to the Original Warrants and Warrants, respectively.

Reservation of Common Stock. The Company Corporation shall at all times reserve and keep available a number out of its authorized but unissued shares of Common Stock, solely for the purpose of effecting the exercise of the Option, such number of shares of Common Stock that will as shall from time to time be sufficient to permit effect the exercise of the Option in full of all outstanding Warrants issued pursuant to this Agreementfull.

Reservation of Common Stock. The Company shall at all times reserve and keep available a number out of its authorized but unissued shares of Common Stock that will be sufficient to permit Stock, solely for the purpose of issuance upon the exercise in full of all outstanding Warrants issued pursuant to this Agreementthe purchase rights under the Option, such number of shares of Common Stock as shall be issuable upon the exercise hereof.

Reservation of Common Stock. The Company shall will at all times reserve and keep available a available, solely for issuance and delivery upon the conversion and exercise of the Shares, such number of its authorized but unissued shares of Common Stock that as the Board of Directors shall in good faith determine will be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this Agreementissuable upon such conversion and exercise.

Reservation of Common Stock. The Company shall will at all times reserve and --------------------------- keep available a for issuance upon the exercise of this Agreement such number of its authorized but unissued shares of Common Stock that as will be sufficient to permit the exercise in full hereof, and upon such issuance such shares of all outstanding Warrants issued pursuant to this AgreementCommon Stock will be validly issued, fully paid and nonassessable.

Reservation of Common Stock. The Company shall at all times reserve and keep available a for issue upon the issuance of Subscribed Shares such number of its authorized but and unissued shares of Common Stock that as will be sufficient to permit issuance thereof in full. All shares of Common Stock which shall be so issuable, when issued in accordance with the exercise in full of all outstanding Warrants terms hereof, shall be duly and validly issued pursuant and fully-paid and non-assessable, and not subject to this Agreementpreemptive rights.

Reservation of Common Stock. The Company shall will at all times reserve and keep available a for -12- issuance upon the exercise of Warrants such number of its authorized but unissued shares of Common Stock that as will be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this AgreementWarrants, and upon such issuance such shares of Common Stock will be validly issued, fully paid, and nonassessable.

Reservation of Common Stock. The Company shall will at all times time reserve and keep available a such number of its authorized but unissued shares of Common Stock that as will be sufficient to permit the exercise in full of all outstanding Warrants issued this Warrant. Upon exercise of this Warrant pursuant to this Agreementits terms, the Holder will acquire fully paid and non- assessable ownership rights of the Common Stock, free and clear of any liens, claims or encumbrances.

Reservation of Common Stock. The Company shall at all times reserve and keep available a for issue upon the exercise of this Warrant such number of its authorized but unissued shares of Common Stock that as will be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this AgreementWarrant.

Reservation of Common Stock. The Company shall at all times reserve and keep available a number available, free from preemptive rights, out of its authorized but unissued shares of Common Stock that will be or its issued shares of Common Stock held in its treasury, or both, sufficient shares of Common Stock to permit provide for the exercise in full issuance of all outstanding Warrants issued pursuant to this Agreementthe Common Shares hereunder.

Reservation of Common Stock. The Company shall at all times reserve and keep available a for issuance upon the exercise of Options such number of its authorized but unissued shares of Common Stock that as will be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this AgreementOptions.

Reservation of Common Stock. The Company shall at all times reserve and keep available a number out of its authorized but unissued shares of Common Stock that will be such number of shares of Common Stock as shall from time to time equal the number of shares sufficient to permit the conversion of the Notes, the issuance of the Payment Shares and the exercise of the Warrants in full of all outstanding Warrants issued pursuant to this Agreementaccordance with their respective terms.

Reservation of Common Stock. The Company shall at all times have available and the Company shall reserve and keep available a number at all times, free of its authorized but unissued preemptive rights, shares of Common Stock that will be sufficient for the purpose of enabling the Company to permit satisfy any obligation to issue the exercise in full of all outstanding Warrants issued pursuant to this AgreementPut Shares.

Reservation of Common Stock. The Company shall will at all times reserve and keep available a available, solely for issuance and delivery upon exercise of the Warrants and conversion of the Stock, the number of its authorized but unissued shares of Common Stock that will be sufficient from time to permit the exercise in full time issuable upon conversion of all outstanding of the Stock at the time outstanding. All shares of Common Stock issuable upon exercise of the Warrants and conversion of the Stock shall be duly authorized and, when issued pursuant to this Agreementupon such exercise or conversion, shall be validly issued, fully paid and non-assessable.

Reservation of Common Stock. The Company shall hereby agrees at all times to reserve and keep available a number out of its authorized but unissued shares of Common Stock, solely for the purpose of providing for the conversion of the Notes and exercise of the Warrants, such number of shares of Common Stock that will be as shall from time to time equal the number of shares sufficient to permit the exercise of the Warrants in full accordance with the terms of all outstanding Warrants issued pursuant to this Agreementsuch Securities.

Reservation of Common Stock. The Company shall at all times reserve and keep available a number out of its authorized but unissued shares of Common Stock, solely for the purpose of providing for the exercise of the Warrants, such number of shares of Common Stock that will be as shall from time to time equal the number of Warrant Shares sufficient to permit the exercise in full of all outstanding the Warrants issued pursuant to this AgreementAgreement in accordance with their respective terms.

Reservation of Common Stock. The Company shall at all times --------------------------- reserve and keep available a available, solely for issuance and delivery upon the exercise of the Warrants, the number of its authorized but unissued shares of Common Stock that will be sufficient issuable from time to permit the exercise in full of all outstanding Warrants issued pursuant to this Agreementtime upon such exercise.