Common use of Warrant Holders Not Deemed Stockholders Clause in Contracts

Warrant Holders Not Deemed Stockholders. No holder of Warrants (in such capacity and with respect to such Warrants) shall be entitled to vote or to receive dividends or be deemed the holder of the shares of Common Stock that may at any time be issuable on exercise of such Warrants for any purpose whatsoever, nor shall anything contained herein be construed to confer on the holder of Warrants (in such capacity and with respect to such Warrants) any of the rights of a stockholder of the Company or any right to vote for the election of directors or on any matter submitted to stockholders at any meeting thereof, or to give or withhold consent to any corporate action (whether on any recapitalization, issue or reclassification of stock, change of par value or change of stock to no par value, consolidation, merger or conveyance or otherwise), or to receive notice of meetings, or to receive dividends or subscription rights, until such Warrant Holder shall have exercised such Warrants and been issued shares of Common Stock in accordance with the provisions hereof.

Warrant Holders Not Deemed Stockholders. No holder of Warrants (in such capacity and with respect to such Warrants) shall this Warrant shall, as such, be entitled to vote or to receive dividends or be deemed the holder of the shares of Common Stock Warrant Shares that may at any time be issuable on upon exercise of such Warrants this Warrant for any purpose whatsoever, nor shall anything contained herein be construed to confer on upon the holder of Warrants (in such capacity and with respect to such Warrants) this Warrant, as such, any of the rights of a stockholder of the Company or any right to vote for the election of directors or on upon any matter submitted to shareholders at any meeting thereof, or for the election of directors or upon any matter submitted to stockholders at any meeting thereof, or to give or withhold consent to any corporate action (whether on upon any recapitalization, issue or reclassification of stock, change of par value or change of stock to no par value, consolidation, merger or conveyance or otherwise), or to receive notice of meetings, or to receive dividends or subscription rights, until such Warrant Holder holder shall have exercised such Warrants this Warrant and been issued shares of Common Stock Warrant Shares in accordance with the provisions hereof.

Warrant Holders Not Deemed Stockholders. No holder of Warrants (in such capacity and with respect to such Warrants) shall shall, as such, be entitled to vote or to receive dividends or be deemed the holder of Preferred Stock (or the shares of Common Stock Stock, as the case may be) that may at any time be issuable on upon exercise of such Warrants for any purpose whatsoever, nor shall anything contained herein be construed to confer on upon the holder of Warrants (in such capacity and with respect to such Warrants) , as such, any of the rights of a stockholder of the Company or any right to vote for the election of directors or on upon any matter submitted to stockholders at any meeting thereof, or to give or withhold consent to any corporate action (whether on upon any recapitalization, issue or reclassification of stock, change of par value or change of stock to no par value, consolidation, merger merger, or conveyance or otherwise), or to receive notice of meetings, or to receive dividends or subscription rights, until such Warrant Holder shall have exercised such Warrants and been issued shares of Preferred Stock (or Common Stock Stock, as the case may be) in accordance with the provisions hereof.

Warrant Holders Not Deemed Stockholders. No holder of Warrants (in such capacity and with respect to such Warrants) , as such, shall be entitled to vote or to receive dividends or be deemed the holder of the shares of Common Stock that may at any time be issuable on upon exercise of such Warrants for any purpose whatsoever, nor shall anything contained herein be construed to confer on upon the holder of Warrants (in such capacity and with respect to such Warrants) , as such, any of the rights of a stockholder of the Company or any right to vote for for, or receive notice as a stockholder in respect of, the election of directors or on upon any matter submitted to stockholders at any meeting thereof, or to give or withhold consent to any corporate action (whether on upon any recapitalization, issue or reclassification of stock, change of par value or change of stock to no par value, consolidation, merger or conveyance transfer or otherwise)) or any other matter, or to receive notice of meetings, or to receive dividends or subscription rights, until such Warrant Holder shall have exercised such Warrants and been issued shares of Common Stock in accordance with the provisions hereof.

Warrant Holders Not Deemed Stockholders. No holder of --------------------------------------- Warrants (in such capacity and with respect to such Warrants) shall shall, as such, be entitled to vote or to receive dividends or be deemed the holder of the shares of Common Stock that may at any time be issuable on upon exercise of such Warrants for any purpose whatsoever, nor shall anything contained herein be construed to confer on upon the holder of Warrants (in such capacity and with respect to such Warrants) , as such, any of the rights of a stockholder of the Company Corporation or any right to vote for for, or receive notice as a stockholder in respect of, the election of directors or on upon any matter submitted to stockholders at any meeting thereof, or to give or withhold consent to any corporate action (whether on upon any recapitalization, issue or reclassification of stock, change of par value or change of stock to no par value, consolidation, merger or conveyance or otherwise)) or any other matter, or to receive notice of meetings, or to receive dividends or subscription rights, until such Warrant Holder shall have exercised such Warrants and been issued shares of Common Stock in accordance with the provisions hereof.

Warrant Holders Not Deemed Stockholders. No holder of Warrants (in such capacity and with respect to such Warrants) shall Additional Warrants shall, as such, be entitled to vote or to receive dividends or be deemed the holder of the shares of Series A Common Stock that may at any time be issuable on upon exercise of such Warrants Warrant for any purpose whatsoever, nor shall anything contained herein be construed to confer on upon the holder of Warrants (in such capacity and with respect to such or Additional Warrants) , as such, any of the rights of a stockholder of the Company or any right to vote for the election of directors or on upon any matter submitted to stockholders at any meeting thereof, or to give or withhold consent to any corporate action (whether on upon any recapitalization, issue or reclassification of stock, change of par value or change of stock to no par value, consolidation, merger or conveyance or otherwise), or to receive notice of meetings, or to receive dividends or subscription rights, until such Warrant Holder holder shall have exercised such Warrants or Additional Warrants and been issued shares of Series A Common Stock in accordance with the provisions hereof.

Warrant Holders Not Deemed Stockholders. No holder of Warrants (in such capacity and with respect to such Warrants) shall --------------------------------------- shall, as such, be entitled to vote or to receive dividends or be deemed the holder of the shares of Common Stock that may at any time be issuable on upon exercise of such Warrants for any purpose whatsoever, nor shall anything contained herein be construed to confer on upon the holder of Warrants (in such capacity and with respect to such Warrants) , as such, any of the rights of a stockholder of the Company Corporation or any right to vote for for, or receive notice as a stockholder in respect of, the election of directors or on upon any matter submitted to stockholders at any meeting thereof, or to give or withhold consent to any corporate action (whether on upon any recapitalization, issue or reclassification of stock, change of par value or change of stock to no par value, consolidation, merger or conveyance or otherwise)) or any other matter, or to receive notice of meetings, or to receive dividends or subscription rights, until such Warrant Holder shall have exercised such Warrants and been issued shares of Common Stock in accordance with the provisions hereof.