Common use of Right to Convert Warrant Clause in Contracts

Right to Convert Warrant. The registered holder hereof shall have the right to convert this Warrant, by the delivery of this Warrant and the Notice of Conversion form annexed hereto as Attachment B duly executed to the office of the Company in Palo Alto, California (or such other office or agency of the Company as it may designate by notice in writing to the registered holder hereof at the address of such holder appearing on the books of the Company), as to all Shares that are Vested Shares at the time of such conversion, at any time before the close of business on the Termination Date, into the shares of Series C Preferred Stock as provided for in this Section 3. Upon exercise of this conversion right, the holder hereof shall be entitled to receive that number of Vested Shares equal to the quotient obtained by dividing [(A - B)(X)] by (A), where: (A) = the Fair Market Value (as defined below) of one (1) Share on the date of conversion of this Warrant. (B) = the Exercise Price for one (1) Share under this Warrant. *** Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Commission.

Right to Convert Warrant. The registered holder hereof shall have the right to convert this Warrant, by the delivery of this Warrant and the Notice of Conversion form annexed hereto as Attachment B duly executed to the office of the Company in Palo Alto, California (or such other office or agency of the Company as it may designate by notice in writing to the registered holder hereof at the address of such holder appearing on the books of the Company), as to all Shares that are Vested Shares at the time of such conversion, at any time before the close of business on the Termination Date, into the shares of Series C Preferred Stock as provided for in this Section 3. Upon exercise of this conversion right, the holder hereof shall be entitled to receive that number of Vested Shares equal to the quotient obtained by dividing [(A - B)(X)] by (A), where: (A) = the Fair Market Value (as defined below) of one (1) Share on the date of conversion of this Warrant. (B) = the Exercise Price for one (1) Share under this Warrant. *** Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Commission.

Right to Convert Warrant. The registered holder hereof shall have the right to convert this Warrant, by the delivery of this Warrant and the Notice of Conversion form annexed hereto as Attachment B duly executed to the office of the Company in Palo Alto, California (or such other office or agency of the Company as it may designate by notice in writing to the registered holder hereof at the address of such holder appearing on the books of the Company), as to all Shares that are Vested Shares at the time of such conversion, at any time before the close of business on the Termination Date, into the shares of Series C Preferred Stock as provided for in this Section 3. Upon exercise of this conversion right, the holder hereof shall be entitled to receive that number of Vested Shares equal to the quotient obtained by dividing [(A - B)(X)] by (A), where: (A) = the Fair Market Value (as defined below) of one (1) Share on the date of conversion of this Warrant. (B) = the Exercise Price for one (1) Share under this Warrant. *** Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Commission. (B) = the Exercise Price for one (1) Share under this Warrant.