Common use of Maximum Exercise Clause in Contracts

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the holder and its affiliates on the exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this proviso is being made on an exercise date, which would result in beneficial ownership by the holder and its affiliates of more than 4.99% of the outstanding shares of Common Stock on such date. For the purposes of this Section 10, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder. Subject to the foregoing, the holder shall not be limited to aggregate exercises which would result in the issuance of more than 4.99

Maximum Exercise. The Holder shall not be entitled to exercise convert this Warrant Debenture on an exercise any conversion date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the holder Holder and its affiliates on the an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise conversion of this Warrant Debenture with respect to which the determination of this proviso limitation is being made on an exercise date, which would result in beneficial ownership by the holder Holder and its affiliates of more than 4.999.99% of the outstanding shares of Common Stock on such date. For the purposes of this Section 10the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange 1934 Act of 1934, as amended, and Regulation Rule 13d-3 thereunder. Subject to the foregoing, the holder Holder shall not be limited to aggregate exercises which would result in the issuance of more than 4.999.99%.

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date, date in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the holder Holder and its affiliates on the an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this proviso limitation is being made on an exercise date, which would result in beneficial ownership by the holder Holder and its affiliates of more than 4.994.9% of the outstanding shares of Common Stock on such date. For the purposes of this Section 10the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder. Subject to the foregoing, the holder Holder shall not be limited to aggregate exercises which would result in the issuance of more than 4.994.9%.

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the holder Holder and its affiliates on the an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this proviso limitation is being made on an exercise date, which would result in beneficial ownership by the holder Holder and its affiliates of more than 4.99% of the outstanding shares of Common Stock on such date. For the purposes of this Section 10the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulation Rule 13d-3 thereunder. Subject to the foregoing, the holder shall not be limited to aggregate exercises which would result in the issuance of more than 4.99.

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the holder Holder and its affiliates on the an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this proviso limitation is being made on an exercise date, which would result in beneficial ownership by the holder Holder and its affiliates of more than 4.999.99% of the outstanding shares of Common Stock on such date. For the purposes of this Section 10the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder. Subject to the foregoing, the holder Holder shall not be limited to aggregate exercises which would result in the issuance of more than 4.999.99%. The restriction described in this paragraph may be waived, in whole or in part, upon sixty-one (61) days prior notice from the Holder to the Company.

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the holder Holder and its affiliates on the an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this proviso limitation is being made on an exercise date, which would result in beneficial ownership by the holder Holder and its affiliates of more than 4.99% of the outstanding shares of Common Stock on such date. For the purposes of this Section 10the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange 1934 Act of 1934, as amended, and Regulation Rule 13d-3 thereunder. Subject to the foregoing, the holder Holder shall not be limited to aggregate exercises which would result in the issuance of more than 4.99

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the holder Holder and its affiliates on the an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this proviso limitation is being made on an exercise date, which would result in beneficial ownership by the holder Holder and its affiliates of not more than 4.99% of the outstanding shares of Common Stock on such date. For the purposes of this Section 10the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder. Subject to the foregoing, the holder Holder shall not be limited to aggregate exercises which would result in the issuance of more than 4.99

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the holder Holder and its affiliates on the an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this proviso limitation is being made on an exercise date, which would result in beneficial ownership by the holder Holder and its affiliates of more than 4.999.99% of the outstanding shares of Common Stock on such date. For the purposes of this Section 10the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder. Subject to the foregoing, the holder Holder shall not be limited to aggregate exercises which would result in the issuance of more than 4.999.99%.

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the holder Holder and its affiliates on the an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this proviso limitation is being made on an exercise date, which would result in beneficial ownership by the holder Holder and its affiliates of more than 4.99% of the outstanding shares of Common Stock on such date. For the purposes of this Section 10the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder. Subject to the foregoing, the holder Holder shall not be limited to aggregate exercises which would result in the issuance of more than 4.99

Maximum Exercise. The Holder shall not be entitled to exercise ---------------- this Warrant on an exercise date, date in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the holder Holder and its affiliates on the an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this proviso limitation is being made on an exercise date, which would result in beneficial ownership by the holder Holder and its affiliates of more than 4.99% of the outstanding shares of Common Stock on such date. For the purposes of this Section 10the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder. Subject to the foregoing, the holder Holder shall not be limited to aggregate exercises which would result in the issuance of more than 4.99

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date, in connection with that number of shares of Common Stock which would be in excess of the sum of (ia) the number of shares of Common Stock beneficially owned by the holder Holder and its affiliates on the an exercise date, and (iib) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this proviso limitation is being made on an exercise date, which would result in beneficial ownership by the holder Holder and its affiliates of more than 4.99% of the outstanding shares of Common Stock on such date. For the purposes of this Section 10the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder. Subject to the foregoing, the holder Holder shall not be limited to aggregate exercises which would result in the issuance of more than 4.99

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the holder Holder and its affiliates on the an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this proviso limitation is being made on an exercise date, which would result in beneficial ownership by the holder Holder and its affiliates of more than 4.999.99% of the outstanding shares of Common Stock on such date. For the purposes of this Section 10the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder. Subject to the foregoing, the holder shall not be limited to aggregate exercises which would result in the issuance of more than 4.99the

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date, in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the holder Holder and its affiliates on the an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this proviso limitation is being made on an exercise date, which would result in beneficial ownership by the holder Holder and its affiliates of more than 4.99% of the outstanding shares of Common Stock on such date. For the purposes of this Section 10the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange 1934 Act of 1934, as amended, and Regulation Rule 13d-3 thereunder. Subject to the foregoing, the holder Holder shall not be limited to aggregate exercises which would result in the issuance of more than 4.99

Maximum Exercise. The Holder shall not be entitled to exercise this Warrant on an exercise date, date in connection with that number of shares of Common Stock which would be in excess of the sum of (i) the number of shares of Common Stock beneficially owned by the holder Holder and its affiliates on the an exercise date, and (ii) the number of shares of Common Stock issuable upon the exercise of this Warrant with respect to which the determination of this proviso limitation is being made on an exercise date, which would result in beneficial ownership by the holder Holder and its affiliates of more than 4.993.99% of the outstanding shares of Common Stock on such date. For the purposes of this Section 10the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder. Subject to the foregoing, the holder Holder shall not be limited to aggregate exercises which would result in the issuance of more than 4.993.99