Common use of Tranche 2 Purchase Price Clause in Contracts

Tranche 2 Purchase Price. The purchase price for each (i) Tranche 2 Share shall be an amount equal to the average of the closing bids for the Company Common Stock on Nasdaq during the five consecutive trading days ending on (and including) the trading day that is one (1) day prior to the date of exercise of the Tranche 2 Call Option (the “Tranche 2 Share Purchase Price”), (ii) Option Class A Warrant shall be an amount equal to the average of the closing bids for the Company’s Class A Warrants on Nasdaq during the five consecutive trading days ending on (and including) the trading day that is one (1) day prior to the date of exercise of the Tranche 2 Call Option (the “Option Class A Warrant Purchase Price”) and (iii) Option Class B Warrant shall be an amount equal to the average of the closing bids for the Company’s Class B Warrants on Nasdaq during the five consecutive trading days ending on (and including) the trading day that is one (1) day prior to the date of exercise of the Tranche 2 Call Option (the “Option Class B Warrant Purchase Price” and, together with the Tranche 2 Share Purchase Price and the Option Class A Warrant Purchase Price, the “Tranche 2 Purchase Price” and, together with the Tranche 1 Purchase Price and the Initial Warrants Purchase Price, the “Purchase Price”).

Tranche 2 Purchase Price. The With respect to each exercise of the Tranche 2 Call Option, the purchase price for each (i) Tranche 2 Share subject to each exercise shall be an amount equal to the average of the closing bids for the Company Common Stock on Nasdaq during the five consecutive trading days ending on (and including) the trading day that is one (1) day prior to the date of exercise of the Tranche 2 Call Option (the “Tranche 2 Share Purchase Price”), (ii) Option Class A Warrant subject to each exercise shall be an amount equal to the average of the closing bids for the Company’s Class A Warrants on Nasdaq during the five consecutive trading days ending on (and including) the trading day that is one (1) day prior to the date of exercise of the Tranche 2 Call Option (the “Option Class A Warrant Purchase Price”) and (iii) Option Class B Warrant subject to each exercise shall be an amount equal to the average of the closing bids for the Company’s Class B Warrants on Nasdaq during the five consecutive trading days ending on (and including) the trading day that is one (1) day prior to the date of exercise of the Tranche 2 Call Option (the “Option Class B Warrant Purchase Price” and, together with the Tranche 2 Share Purchase Price and the Option Class A Warrant Purchase Price, the “Tranche 2 Purchase Price” and, together with the Tranche 1 Purchase Price and the Initial Warrants Purchase Price, the “Purchase Price”).

Tranche 2 Purchase Price. The With respect to each exercise of the Tranche 2 Call Option, the purchase price for each (i) Tranche 2 Share subject to each exercise shall be an amount equal to the average of the closing bids for the Company Common Stock on Nasdaq during the five consecutive trading days ending on (and including) the trading day that is one (1) day prior to the date of exercise of the Tranche 2 Call Option (the “"Tranche 2 Share Purchase Price”"), (ii) Option Class A Warrant subject to each exercise shall be an amount equal to the average of the closing bids for the Company’s 's Class A Warrants on Nasdaq during the five consecutive trading days ending on (and including) the trading day that is one (1) day prior to the date of exercise of the Tranche 2 Call Option (the “"Option Class A Warrant Purchase Price”") and (iii) Option Class B Warrant subject to each exercise shall be an amount equal to the average of the closing bids for the Company’s 's Class B Warrants on Nasdaq during the five consecutive trading days ending on (and including) the trading day that is one (1) day prior to the date of exercise of the Tranche 2 Call Option (the “"Option Class B Warrant Purchase Price” " and, together with the Tranche 2 Share Purchase Price and the Option Class A Warrant Purchase Price, the “"Tranche 2 Purchase Price” " and, together with the Tranche 1 Purchase Price and the Initial Warrants Purchase Price, the “"Purchase Price”").