Common use of Future Issuances Clause in Contracts

Future Issuances. The Company shall not (i) grant or issue any additional shares of Common Stock, (ii) grant or issue any options, warrants or other rights exercisable for, convertible into or exchangeable for Common Stock or (iii) enter into any other commitments or agreements which call for the issuance of any of the foregoing, until the Authorized Share Amendment shall have been approved by the Company's stockholders and shall have become effective.

Future Issuances. The Company shall not grant or issue (i) grant or issue any additional shares of Common Stock, (ii) grant or issue any options, warrants or other rights exercisable for, convertible into or exchangeable for Common Stock or (iii) enter into any other commitments or agreements which call for the issuance of any of the foregoing, foregoing until the Authorized Share Amendment shall have been approved by earlier of (x) the amendment of the Company's stockholders and shall have become effectiveArticles of Incorporation as set forth in the Amendment or (y) the expiration of all Warrants.