NASDAQ Authorization. Each of the Purchaser Shares issuable pursuant to this Agreement and the shares of Purchaser Common Stock issuable upon exercise of the Purchaser Warrant shall, subject to official notice of issuance, have been duly authorized for trading on the OTC Bulletin Board and shall be an "active" (as defined in NASD Rule 6540, as amended or superceded) "OTCBB - eligible security" (as defined in NASD Rule 6530, as amended or superceded), with at least two market makers displaying two-sided markets as of the date of issuance and not subject to any trading or quotation halt.
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NASDAQ Authorization. Each of the Purchaser Shares issuable pursuant to this Agreement and the shares of Purchaser Common Stock issuable upon exercise of the Purchaser Warrant Warrants shall, subject to official notice of issuance, have been duly authorized for trading on the OTC Bulletin Board and shall be an "active" (as defined in NASD Rule 6540, as amended or superceded) "OTCBB - eligible security" (as defined in NASD Rule 6530, as amended or superceded), with at least two market makers displaying two-sided markets as of the date of issuance and not subject to any trading or quotation halt.
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