Common use of Class A Warrants Clause in Contracts

Class A Warrants. On the Closing Date, the Company will issue and deliver Class A Warrants to the Subscribers. One Class A Warrant will be issued for each Share which would be issued on the Closing Date assuming the complete conversion of the Notes issued on the Closing Date at the Conversion Price in effect on the Closing Date. The per Warrant Share exercise price to acquire a Warrant Share upon exercise of a Class A Warrant shall be equal to 115% of the closing bid price of the Common Stock as reported by Bloomberg LP for the Principal Market (as hereinafter defined) for the last trading day preceding the Closing Date. The Class A Warrants shall be exercisable until five (5) years after the Closing Date.

Class A Warrants. On the Closing Date, the Company will issue and deliver Class A Warrants to the SubscribersSubscriber. One Class A Warrant will be issued for each Share which would be issued on the Closing Date assuming the complete conversion of the Notes issued Note on the Closing Date at the Conversion Price in effect on the Closing DatePrice. The per Warrant Share exercise price to acquire a Warrant Share upon exercise of a Class A Warrant shall be equal to 115shall be 110% of the closing bid price of the Company’s Common Stock as reported by Bloomberg LP L.P. for the Principal Market (as hereinafter defined) for the last trading day preceding the Closing Date, subject to reduction as described in the Class A Warrant. The Class A Warrants shall be exercisable until five (5) years after the Closing Dateissue date of the Class A Warrants.

Class A Warrants. On the Closing Date, the Company will issue and deliver Class A Warrants to the Subscribers. One Class A Warrant will be issued for each one Share which would be issued on the Closing Date assuming the complete conversion of the Notes issued on the Closing Date at the Conversion Price in effect on the Closing Date. The per Warrant Share exercise price to acquire a Warrant Share upon exercise of a Class A Warrant shall be equal to 115125% of the closing bid price of the Common Stock as reported by Bloomberg LP for the Principal Market OTC Bulletin Board (as hereinafter defined"BULLETIN BOARD") for the last trading day preceding the Closing Date. The Class A Warrants shall be exercisable until five (5) years after the Closing Date.