Common use of Shares Reserved for Issuance Clause in Contracts

Shares Reserved for Issuance. It will maintain, free from preemptive rights, sufficient authorized but unissued or treasury shares of Common Stock to issue the appropriate number of Shares pursuant to the terms of this Agreement so that the Option may be fully exercised without additional authorization of Shares after giving effect to all other options, warrants, convertible securities and other rights of third parties to purchase Shares from Issuer.

Shares Reserved for Issuance. It will To maintain, free from preemptive rights, sufficient authorized but unissued or treasury shares of Issuer Common Stock to issue the appropriate number of Shares pursuant to the terms of this Agreement so that the Option may be fully exercised without additional authorization of Shares Issuer Common Stock after giving effect to all other options, warrants, convertible securities and other rights of third parties to purchase Shares shares of Issuer Common Stock from Issuer, and to issue the appropriate number of shares of Issuer Common Stock pursuant to the terms of this Agreement.