Common use of Underwriter’s Warrant Clause in Contracts

Underwriter’s Warrant. The Company hereby agrees to issue to the Underwriter (and/or its designees) on the applicable Closing Date, Warrants to purchase such number of Shares equal to six percent (6%) of the Firm Shares issued at the Closing (for the avoidance of doubt, not including the Additional Shares) (the “Underwriter’s Warrant”). The Underwriter’s Warrant shall be exercisable, in whole or in part, commencing anytime from the date of issuance and expiring on the fifth-year anniversary of the effective date of the Offering at an initial exercise price of $[●] per Ordinary Share, which is equal to one hundred ten percent (110%) of the initial public offering price of a Firm Share. The Underwriter’s Warrant and the Ordinary Shares issuable upon exercise of the Underwriter’s Warrant are hereinafter referred to collectively as the “Underwriter’s Securities.” The Firm Shares, the Additional Shares and the Underwriter’s Securities are hereinafter referred to collectively as the “Securities.”

Underwriter’s Warrant. The Company hereby agrees to issue to the Underwriter (and/or its designees) on the applicable Closing Date and/or Option Closing Date, as the case may be, Warrants to purchase such number of Shares equal to six eight percent (68%) of the Firm Shares issued at the Closing (for the avoidance of doubt, not including the Additional Shares) (the “Underwriter’s Warrant”). The Underwriter’s Warrant shall be exercisable, in whole or in part, commencing anytime from the date of issuance and expiring on the fifth-year anniversary of the effective date of the Offering at an initial exercise price of $[●[ ] per Ordinary Share, which is equal to one hundred ten twenty percent (110120%) of the initial public offering price of a Firm Share. The Underwriter’s Warrant and the Ordinary Shares issuable upon exercise of the Underwriter’s Warrant are hereinafter referred to collectively as the “Underwriter’s Securities.” The Firm Shares, the Additional Shares and the Underwriter’s Securities are hereinafter referred to collectively as the “Securities.”

Underwriter’s Warrant. The Company hereby agrees to issue to the Underwriter (and/or its designees) on the applicable Closing Date and/or Option Closing Date, as the case may be, Warrants to purchase such number of Shares equal to six five and a half percent (65.5%) of the Firm Offered Shares issued at the Closing (for the avoidance of doubt, not including the Additional Shares) (the “Underwriter’s Warrant”). The Underwriter’s Warrant shall be exercisable, in whole or in part, commencing anytime six (6) months from the date of issuance and expiring on the fifth-year anniversary of the effective date of the Offering at an initial exercise price of $[●___] per Ordinary Share, which is equal to one hundred ten twenty percent (110120%) of the initial public offering price of a Firm Share. The Underwriter’s Warrant and the Ordinary Shares shares of Common Stock issuable upon exercise of the Underwriter’s Warrant are hereinafter referred to collectively as the “Underwriter’s Warrant Securities.” The Firm Shares, the Additional Offered Shares and the Underwriter’s Warrant Securities are hereinafter collectively referred to collectively as the “Securities.”

Underwriter’s Warrant. The Company hereby agrees to issue to the Underwriter Representative (and/or its designees) on the applicable Closing Date, Warrants Warrants, substantially in the form of Exhibit C attached hereto, to purchase such number of Shares equal to six five percent (65%) of the Firm Shares issued at and Additional Shares sold by the Closing (for the avoidance of doubt, not including the Additional Shares) Company (the “Underwriter’s Warrant”). The Underwriter’s Warrant shall be exercisable, in whole or in part, commencing anytime from the date of issuance and expiring on the fifth-year anniversary of the effective date commencement of sale of the Offering at an initial exercise price of $[●] per Ordinary Shareshare, which is equal to one hundred and ten percent (110%) of the initial combined public offering price of a Firm ShareShare and Firm Warrant. The Underwriter’s Warrant and the Ordinary Shares issuable upon exercise of the Underwriter’s Warrant are hereinafter referred to collectively as the “Underwriter’s Firm Securities.” The Firm Shares, the Additional Shares Securities and the Underwriter’s Securities are hereinafter referred to collectively as the “Securities.”

Underwriter’s Warrant. The Company hereby agrees to issue to the Underwriter (and/or its designees) on the applicable Closing Date and/or Option Closing Date, as the case may be, Warrants to purchase such number of Shares equal to six five percent (65%) of the Firm Offered Shares issued at the Closing (for the avoidance of doubt, not including the Additional Shares) (the “Underwriter’s Warrant”). The Underwriter’s Warrant shall be exercisable, in whole or in part, commencing anytime from the date of issuance and expiring on the fifth-year anniversary of the effective date of the Offering at an initial exercise price of $[●[ ] per Ordinary Share, which is equal to one hundred ten twenty percent (110120%) of the initial public offering price of a Firm Share. The Underwriter’s Warrant and the Ordinary Shares issuable upon exercise of the Underwriter’s Warrant are hereinafter referred to collectively as the “Underwriter’s Warrant Securities.” The Firm Shares, the Additional Offered Shares and the Underwriter’s Warrant Securities are hereinafter collectively referred to collectively as the “Securities.”