A Warrants. On the Closing Date the Company will issue A Warrants to the Subscribers. One (1) A Warrant will be issued for each two (2) Shares which would be issued on the Closing Date assuming the complete conversion of the Notes at the Conversion Price. The per Warrant Share exercise price to acquire a Warrant Share upon exercise of an A Warrant shall be the average fo the daily volume weighted average prices of the Common Stock as reported by Bloomberg L.P. for the OTC Bulletin Board ("Bulletin Board") using the AQR function ("VWAP") for the ten (10) trading days ending the second trading day preceding the Closing Date. The A Warrants shall be exercisable until five (5) years after the Closing Date. The Warrants will be subject to Call by the Company as described in EXHIBIT A.
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A Warrants. On the Closing Date the Company will issue A Warrants to the Subscribers. One (1) A Warrant will be issued for each two (2) Shares which would be issued on the Closing Date assuming the complete conversion of the Notes at the Conversion Price. The per Warrant Share exercise price to acquire a Warrant Share upon exercise of an A Warrant shall be the average fo the daily volume weighted average prices of the Common Stock as reported by Bloomberg L.P. for the OTC Bulletin Board ("Bulletin Board") using the AQR function ("VWAP") for the ten (10) trading days ending the second trading day preceding the Closing Date. The A Warrants shall be exercisable until five (5) years after the Closing Date. The Warrants will be subject to Call by the Company as described in EXHIBIT Exhibit A.
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