Common use of Standard Exercise Clause in Contracts

Standard Exercise. From and after the Release Date (subject to the provisions of Section 2.1), this Warrant may be exercised by presentation and surrender of this Warrant to the Company at its principal office, or at the office of its stock transfer agent, if any, with the Warrant Exercise Form attached as Exhibit A hereto duly executed and, if such exercise is a cash exercise, accompanied by payment (either in cash or by certified or official bank check, payable to the order of the Company) of the Exercise Price for the number of shares specified in such form and instruments of transfer, if appropriate, duly executed by the Holder or his or her duly authorized attorney. If this Warrant should be exercised in part only, the Company shall, upon surrender of this Warrant for cancellation, execute and deliver a new Warrant evidencing the rights of the Holder thereof to purchase the balance of the shares purchasable hereunder. Upon receipt by the Company of this Warrant, together with the Exercise Price for the number of shares specified in the Warrant Exercise Form, at its office, or by the stock transfer agent of the Company at its office, in proper form for exercise, the Holder shall be deemed to be the holder of record of the shares of Common Stock issuable upon such exercise, notwithstanding that the stock transfer books of the Company shall then be closed or that certificates representing such shares of Common Stock shall not then be actually delivered to the Holder. The Company shall pay any and all documentary stamp or similar issue or transfer taxes payable in respect of the issue or delivery of shares of Common Stock on exercise of this Warrant.

Standard Exercise. From and after each of the Release Initial Exercise Date and the Subsequent Exercise Dates (subject to the provisions of Section 2.1), this Warrant may be exercised by presentation and surrender of this Warrant to the Company at its principal office, or at the office of its stock transfer agent, if anyWarrant Agent, with the Warrant Notice of Exercise Form attached as Exhibit A hereto duly executed and, if such exercise is a cash exercise, accompanied by payment (either in cash or by certified or official bank check, payable to the order of the Company) of the Exercise Price for the number of shares Warrant Shares specified in such form and instruments of transfer, if appropriate, duly executed by the Holder or his or her duly authorized attorney. If this Warrant should be exercised in part only, the Company shall, upon surrender of this Warrant for cancellation, execute and deliver a new Warrant evidencing the rights of the Holder thereof to purchase the balance of the shares purchasable hereunder. Upon receipt by the Company Warrant Agent of this Warrant, together with the Exercise Price for the number of shares Warrant Shares specified in the Warrant Exercise Form, at its office, or by the stock transfer agent of the Company at its office, in proper form for exercise, the Holder shall be deemed to be the holder of record of the shares of Common Stock issuable upon such exerciseWarrant Shares, notwithstanding that the stock transfer books of the Company shall then be closed or that certificates representing such shares of Common Stock Warrant Shares shall not then be actually delivered to the Holder. The Company shall will from time to time promptly pay any and all documentary stamp or similar issue or transfer taxes payable and charges that may be imposed upon the Company or the Warrant Agent in respect of the issue issuance or delivery of shares of Common Stock on exercise of this Warrantthe Warrant Shares.

Standard Exercise. From and after each of the Release Initial Exercise Date and the Subsequent Exercise Dates (subject to the provisions of Section 2.1), this Warrant may be exercised by presentation and surrender of this Warrant to the Company at its principal office, or at the office of its stock transfer agent, if anyWarrant Agent, with the Warrant Exercise Form attached as Exhibit A hereto duly executed and, if such exercise is a cash exercise, accompanied by payment (either in cash or by certified or official bank check, payable to the order of the Company) of the Exercise Price for the number of shares Warrant Shares specified in such form and instruments of transfer, if appropriate, duly executed by the Holder or his or her duly authorized attorney. If this Warrant should be exercised in part only, the Company shall, upon surrender of this Warrant for cancellation, execute and deliver a new Warrant evidencing the rights of the Holder thereof to purchase the balance of the shares purchasable hereunder. Upon receipt by the Company Warrant Agent of this Warrant, together with the Exercise Price for the number of shares Warrant Shares specified in the Warrant Exercise Form, at its office, or by the stock transfer agent of the Company at its office, in proper form for exercise, the Holder shall be deemed to be the holder of record of the shares of Common Stock issuable upon such exerciseWarrant Shares, notwithstanding that the stock transfer books of the Company shall then be closed or that certificates representing such shares of Common Stock Warrant Shares shall not then be actually delivered to the Holder. The Company shall will from time to time promptly pay any and all documentary stamp or similar issue or transfer taxes payable and charges that may be imposed upon the Company or the Warrant Agent in respect of the issue issuance or delivery of shares of Common Stock on exercise of this Warrantthe Warrant Shares.