Common use of Stock Fully Paid; Reservation of Shares Clause in Contracts

Stock Fully Paid; Reservation of Shares. All of the Shares issuable upon exercise of the rights represented by this Warrant will, upon issuance and receipt of the Warrant Exercise Price therefor, be fully paid and nonassessable. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance sufficient Shares to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Shares shares issuable upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Warrant Exercise Price therefortherefore, be fully paid and nonassessable, and free from all taxes, liens and charges with respect to the issuance thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance sufficient Shares shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the The Shares issuable upon exercise of the rights represented by this Warrant will, upon issuance and receipt of the Warrant Exercise Price thereforissuance, be fully paid and nonassessable, and free from all taxes, liens and charges. During the period within which the rights represented by this Warrant may be exercised, the The Company shall will at all times have authorized authorized, and reserved for issuance sufficient Shares number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable that may be issued upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Warrant Exercise Price thereforissuance, be fully paid and nonassessablenon-assessable, and free from all taxes, liens and charges with respect to the issuance thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized and reserved for the purpose of issuance upon exercise of this Warrant, a sufficient number of Shares to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Warrant Exercise Price thereforPrice, be fully paid and nonassessable. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance sufficient Shares shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of Shares, which may be issued upon the Shares issuable upon exercise of the rights represented by this Warrant Warrant, will, upon issuance and receipt of the Warrant Exercise Price thereforissuance, be fully paid and nonassessable. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized authorized, and reserved for issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient Shares number of shares of Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of Warrant Shares that may be issued upon the Shares issuable upon exercise of the rights represented by this Warrant will, upon issuance and receipt of the Warrant Exercise Price thereforissuance, be fully paid and nonassessable. During , and free from all taxes, liens and charges with respect to the period within which the rights represented by this Warrant may be exercisedissue thereof Subject to Section 9 below, the Company shall Corporation agrees at all times during the Exercise Period to have authorized and reserved reserved, for the exclusive purpose of issuance and delivery upon exercise of this Warrant, a sufficient Shares number of shares of its Common Stock to provide for the exercise of the rights represented by this Warranthereby.

Stock Fully Paid; Reservation of Shares. All of Shares that may be issued upon the Shares issuable upon exercise of the rights represented by this Warrant will, upon issuance pursuant to the terms and receipt of the Warrant Exercise Price thereforconditions herein, be fully paid and nonassessable, and free from all preemptive rights and taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercisedTerm, the Company shall will at all times have authorized authorized, and reserved for issuance the purpose of the issue upon exercise of the purchase rights evidenced by this Warrant, a sufficient Shares number of shares of its Common Stock to provide for the exercise in full of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Warrant Exercise Price therefor, be fully paid and nonassessable. non-assessable, and free from all taxes, liens and charges with respect to the issue thereof During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance sufficient Shares shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable that may be issued upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of issuance, in accordance with the Warrant Exercise Price thereforprovisions hereof, be fully paid and nonassessablenon-assessable, and free from all taxes, liens and charges with respect to the issuance thereof. During the period within which the rights represented by this Warrant may be exercisedTerm, the Company shall will at all times have authorized and reserved for the purpose of issuance upon exercise of this Warrant, a sufficient number of Shares to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of Warrant Shares that may be issued upon the Shares issuable upon exercise of the rights represented by this Warrant will, upon issuance pursuant to the terms and receipt of the Warrant Exercise Price thereforconditions herein, be fully paid and nonassessable. During non-assessable, and free from all taxes (other than any taxes determined with respect to, or based upon, the period within which income of the rights represented person to whom such shares are issued), liens and charges (other than liens or charges created by actions of the Holder of this Warrant may be exercisedor the person to whom such shares are issued), and pre-emptive rights with respect to the Company shall at all times have authorized and reserved for issuance sufficient Shares to provide for the exercise of the rights represented by this Warrantissue thereof.

Stock Fully Paid; Reservation of Shares. All of Shares that may be issued upon the Shares issuable upon exercise of the rights represented by this Warrant will, upon issuance pursuant to the terms and receipt of the Warrant Exercise Price thereforconditions herein, be fully paid and nonassessable, and free from all preemptive rights and taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized authorized, and reserved for issuance sufficient Shares to provide for the purpose of the issue upon exercise of the purchase rights represented evidenced by this Warrant.,

Stock Fully Paid; Reservation of Shares. All of the Shares issuable upon exercise of the rights represented by which may be issued pursuant to this Warrant willWarrant, shall, upon issuance and receipt of the Warrant Exercise Price thereforissuance, be duly authorized, validly issued, fully paid and nonassessable, and free of any liens and encumbrances except for restriction on transfer provided for herein or under applicable federal and state securities laws. During the period within which the rights represented by While this Warrant may be exercisedis outstanding, the Company shall at all times have authorized authorized, and reserved for issuance the purpose of the issue pursuant to this Warrant, a sufficient Shares number of shares of the Common Stock to provide for the exercise of the rights purchase right represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of Shares that may be issued upon the Shares issuable upon exercise of the rights represented by this Warrant will, upon issuance pursuant to the terms and receipt of the Warrant Exercise Price thereforconditions herein, be fully paid and nonassessable. During the period within which the rights represented by this Warrant may be exercised, the Company shall at and free from all times have authorized taxes, liens and reserved for issuance sufficient Shares to provide for the exercise of the rights represented by this Warrant.charges

Stock Fully Paid; Reservation of Shares. All of Shares which may be issued upon the Shares issuable upon exercise of the rights represented by this Warrant will, upon issuance and receipt of the Warrant Exercise Price thereforissuance, be fully paid and nonassessable. During the period within which the rights represented by this Warrant may be exercised, the Company shall at and free from all times have authorized taxes, liens, and reserved for issuance sufficient Shares charges with respect to provide for the exercise of the rights represented by this Warrant.the

Stock Fully Paid; Reservation of Shares. All of the Shares issuable upon the exercise of the rights represented by this Warrant will(the "Warrant Shares"), upon issuance and receipt of the Warrant Exercise Price thereforissuance, will be validly issued, fully paid and nonassessablenon-assessable. During the period within which the rights represented by term of this Warrant may be exercisedWarrant, the Company shall at all times have keep a sufficient number of shares of Common Stock authorized and reserved for issuance sufficient Shares to provide for the upon exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of the Warrant Shares issuable upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Warrant Exercise Price therefor, be fully paid and nonassessablenonassessable and free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance sufficient Shares shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of Shares issued upon the Shares issuable upon exercise of the rights represented by this Warrant will, upon issuance pursuant to the terms and receipt of the Warrant Exercise Price thereforconditions herein, be fully paid and nonassessable, and free from all preemptive rights and taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized authorized, and reserved for issuance upon exercise of this Warrant, a sufficient Shares number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of Warrant Shares that may be issued upon the Shares issuable upon exercise of the rights represented by this Warrant will, upon issuance and receipt of the Warrant Exercise Price thereforissuance, be fully paid and nonassessable, and free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall The Corporation agrees at all times during the Exercise Period to have authorized and reserved reserved, for the exclusive purpose of issuance and delivery upon exercise of this Warrant, a sufficient Shares number of shares of its Common Stock to provide for the exercise of the rights represented by this Warranthereby.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable upon the exercise of the rights represented by this Warrant will, upon issuance and receipt of the Warrant Exercise Price exercise price therefor, be fully paid and nonassessable, and free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized and reserved for issuance sufficient Shares shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of Shares which may be issued upon the Shares issuable upon exercise of the rights represented by this Warrant will, upon issuance and receipt of the Warrant Exercise Price thereforissuance, be fully paid and nonassessable. , and free from all taxes, liens, and charges with respect to the issue thereof, During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized authorized, and reserved for issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient Shares number of shares of its Preferred Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of Shares that may be issued upon the Shares issuable upon exercise of the rights represented by this Warrant Warrant, will, upon issuance and receipt of the Warrant Exercise Price thereforissuance, be fully paid and nonassessable, and free from all taxes, liens, and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized authorized, and reserved for issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient number of Shares to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of Shares that may be issued upon the Shares issuable upon exercise of the rights represented by this Warrant willshall, upon issuance and receipt of the Warrant Exercise Price thereforissuance, be validly issued, fully paid and nonassessable, and free from all taxes, liens and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have duly authorized and reserved for issuance sufficient Shares to provide reserved, for the purpose of issuance upon exercise of the rights represented by this Warrant, a sufficient number of Shares.

Stock Fully Paid; Reservation of Shares. All shares of Common Stock which may be issued upon the Shares issuable upon exercise of the rights represented by this Warrant will, upon issuance and receipt of the Warrant Exercise Price thereforissuance, be fully paid and nonassessablenon assessable. During the period within which the rights represented by this Warrant may be exercised, the Company shall will, at all times have authorized and reserved for issuance a sufficient Shares number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of Shares, which may be issued upon the Shares issuable upon exercise of the rights represented by this Warrant Warrant, will, upon issuance and receipt of the Warrant Exercise Price thereforissuance, be fully paid and nonassessable, and free from all taxes, liens, and charges with respect to the issue thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have authorized authorized, and reserved for issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient Shares number of shares of its Common Stock to provide for the exercise of the rights represented by this Warrant.

Stock Fully Paid; Reservation of Shares. All of Shares to be issued upon --------------------------------------- the Shares issuable upon exercise of the rights represented by this Warrant willshall, upon issuance and receipt of the Warrant Exercise Price thereforissuance, be duly authorized, validly issued, fully paid and nonassessable, and free from all liens and charges with respect to the issuance thereof. During the period within which the rights represented by this Warrant may be exercised, the Company shall will at all times have duly authorized and reserved for issuance sufficient Shares to provide reserved, for the purpose of issuance upon exercise of the rights represented by this Warrant, a sufficient number of shares of common stock.

Stock Fully Paid; Reservation of Shares. All of Warrant Shares that may be issued upon the Shares issuable upon exercise of the rights represented by this Warrant will, upon issuance pursuant to the terms and receipt of the Warrant Exercise Price thereforconditions herein, be fully paid and nonassessable. During , and free from all taxes (other than any taxes determined with respect to, or based upon, the period within which income of the rights represented person to whom such shares are issued), liens and charges (other than liens or charges created by actions of the holder of this Warrant may be exercisedor the person to whom such shares are issued), and pre-emptive rights with respect to the Company shall at all times have authorized and reserved for issuance sufficient Shares to provide for the exercise of the rights represented by this Warrantissue thereof.

Stock Fully Paid; Reservation of Shares. All of the Shares issuable upon exercise of the rights represented by this Warrant will, upon issuance and receipt of the Warrant Exercise Price therefor, be fully paid and nonassessable. During the period within which the rights represented by this Warrant may be exercised, the Company shall at all times have authorized authorized, and reserved for issuance upon exercise of the purchase rights evidenced by this Warrant, a sufficient Shares number of shares of Common Stock to provide for the exercise of the rights represented by this Warrant.