Common use of Underwriters’ Warrants Clause in Contracts

Underwriters’ Warrants. At the Closing Date, and each Option Closing Date, if any, the Company shall deliver to the Underwriters warrants (the “Underwriter Warrants”) to purchase a number of shares of Common Stock (the “Underwriter Warrant Shares”) equal to 7.0% of the sum of the number of Firm Shares and Option Shares issued on such Closing Date and Option Closing Date, as applicable, in certificated form registered in the name of the Underwriters (or their designees), which Underwriters Warrants shall have an exercise price of $[●] (120% of the price per Firm Share set forth in Section 1.1.1 hereof) subject to adjustment therein, in the form attached hereto as Exhibit A. The Firm Shares, the Option Shares and the Underwriter Warrant Shares are hereinafter referred to together as the “Shares.” The Shares and Underwriter Warrants are hereinafter referred to together as the “Public Securities.”

Underwriters’ Warrants. At the Closing Date, and each Option Closing Date, if any, the Company shall deliver to the Underwriters warrants (the “Underwriter Warrants”) to purchase a number of shares of Common Stock (the “Underwriter Warrant Shares”) equal to 7.0% of the sum of the number of Firm Shares and Option Shares issued on such Closing Date and Option Closing Date, as applicable, in certificated form registered in the name of the Underwriters (or their designees), which Underwriters Warrants shall have an exercise price of $[●[ ] (120% of the price per Firm Share set forth in Section 1.1.1 hereof) subject to adjustment therein, in the form attached hereto as Exhibit A. The Firm Shares, the Option Shares and the Underwriter Warrant Shares are hereinafter referred to together as the “Shares.” The Shares and Underwriter Warrants are hereinafter referred to together as the “Public Securities.”

Underwriters’ Warrants. At the Closing Date, and each Option Closing Date, if any, the Company shall deliver to the Underwriters warrants (the “Underwriter Warrants”) to purchase a number of shares of Common Stock (the “Underwriter Warrant Shares”) equal to 7.0% of the sum of the number of Firm Shares and Option Shares issued on such Closing Date and Option Closing Date, as applicable, in certificated form registered in the name of the Underwriters (or their designees), which Underwriters Warrants shall have an exercise price of $[●] 6.00 (120% of the price per Firm Share set forth in Section 1.1.1 hereof) subject to adjustment therein, in the form attached hereto as Exhibit A. The Firm Shares, the Option Shares and the Underwriter Warrant Shares are hereinafter referred to together as the “Shares.” The Shares and Underwriter Warrants are hereinafter referred to together as the “Public Securities.”

Underwriters’ Warrants. At the Closing Date, and each Option Closing Date, if any, the Company shall deliver to the Underwriters warrants (the “Underwriter Warrants”) to purchase a number of shares of Common Stock (the “Underwriter Warrant Shares”) equal to 7.0% of the sum of the number of Firm Shares and Option Shares issued on such Closing Date and Option Closing Date, as applicable, in certificated form registered in the name of the Underwriters (or their designees), which Underwriters Warrants shall have an exercise price of $[●] 5.40 (120% of the price per Firm Share set forth in Section 1.1.1 hereof) subject to adjustment therein, in the form attached hereto as Exhibit A. The Firm Shares, the Option Shares and the Underwriter Warrant Shares are hereinafter referred to together as the “Shares.” The Shares and Underwriter Warrants are hereinafter referred to together as the “Public Securities.”

Underwriters’ Warrants. At the Closing Date, and each Option Closing Date, if any, the Company shall deliver to the Underwriters warrants (the “Underwriter Warrants”) to purchase a number of shares of Common Stock (the “Underwriter Warrant Shares”) equal to 7.05.0% of the sum of the number of Firm Shares and Option Shares issued on such Closing Date and Option Closing Date, as applicable, in certificated form registered in the name of the Underwriters (or their designees), which Underwriters Warrants shall have an exercise price of $[●[ ] (120100% of the price per Firm Share set forth in Section 1.1.1 hereof) subject to adjustment therein, in the form attached hereto as Exhibit A. The Firm Shares, the Option Shares and the Underwriter Warrant Shares are hereinafter referred to together as the “Shares.” The Shares and Underwriter Warrants are hereinafter referred to together as the “Public Securities.”