Common use of Warrant Solicitation and Warrant Solicitation Fee Clause in Contracts

Warrant Solicitation and Warrant Solicitation Fee. a. The Company has engaged Broadband, on a non-exclusive basis, as its agent for the solicitation of the exercise of the Warrants. The Company, at its cost, will (i) assist Broadband with respect to such solicitation, if requested by Broadband, and (ii) provide Broadband, and direct the Company's transfer and warrant agent to deliver to Broadband, lists of the record, and to the extent known, beneficial owners of the Company's Warrants. The Company hereby instructs the Warrant Agent to cooperate with Broadband in every respect in connection with Broadband's solicitation activities, including, but not limited to, providing to Broadband, at the Company's cost, a list of record and beneficial holders of the Warrants and circulating a prospectus or offering circular disclosing the compensation arrangements referenced in Section 3.3.5(b) below to holders of the Warrants at the time of exercise of the Warrants. In addition to the conditions set forth in Section 3.3.5(b), Broadband shall accept payment of the warrant solicitation fee provided in Section 3.3.5