Common use of Exercise Term Clause in Contracts

Exercise Term. The Holder may exercise this Warrant, in whole or ------------- in part (but not as to fractional shares), at any time or from time to time during that period (the "Exercise Period") commencing as of the Warrant Effective Date designated on the first page of this Warrant and ending at 5:00 p.m., Pacific Standard Time, on the Warrant Expiration Date designated on the first page of this Warrant. This Warrant shall, to the extent this Warrant is not fully and timely exercised during the Exercise Period, expire and be null and void and of no further force or effect.