VOLUNTARY PURCHASES Sample Clauses

VOLUNTARY PURCHASES. Notwithstanding any of the foregoing, at any time or from time to time, each Purchaser shall have the option (the "OPTIONAL PURCHASE RIGHT") to require the Company, by delivering written notice to the Company (the "OPTIONAL PURCHASE NOTICE") set forth as EXHIBIT B-1 (if before the Effective Time of the Genzyme Transaction) or EXHIBIT B-2 (if after the Effective Time of the Genzyme Transaction), attached hereto, as applicable, to issue and sell to such Purchaser on a date mutually agreed upon by the Company and such Purchaser, but in no event later than 5 business days following the date of the Optional Purchase Notice, the number of shares of Series B Preferred Stock, subject to Section 2(c), (subject to appropriate adjustment for any stock split, stock dividend, split-up, subdivision, reverse stock split, combination or reclassification of Common Stock) set forth on SCHEDULE 2.1 in the column captioned "Voluntary Purchase Amount" opposite the name of such Purchaser (the "VOLUNTARY PURCHASE AMOUNT"), less any number of shares of Series B Preferred Stock purchased pursuant to 2.1(b)(i) and 2.1(b)(ii), at the Per Share Price, such number not to be less than zero.