Common use of Net Exercise Election Clause in Contracts

Net Exercise Election. The undersigned Holder elects to convert the Warrant into shares of Warrant Stock by net exercise election pursuant to Section 2.6 of the Warrant. This conversion is exercised with respect to __________ shares of Common Stock of Aura Systems, Inc. (the "Warrant Stock") covered by the Warrant.

Net Exercise Election. The undersigned Holder elects to convert the Warrant into shares of Warrant Stock by net exercise election pursuant to Section 2.6 1.5 of the Warrant. This conversion is exercised with respect to __________ shares of Common Stock of Aura Systems, Inc. LeCroy Corporation (the "Warrant Stock") covered by the Warrant).

Net Exercise Election. The undersigned Holder elects to convert the Warrant into shares of Warrant Stock by net exercise election pursuant to Section 2.6 1.5 of the Warrant. This conversion is exercised with respect to __________ shares of Common Series C Preferred Stock of Aura SystemsSalmedix, Inc. (the "“Warrant Stock") covered by the Warrant”).

Net Exercise Election. The undersigned Holder elects to convert the Warrant into shares of Warrant Stock by net exercise election pursuant to Section 2.6 4.b of the Warrant. This conversion is exercised with respect to __________ shares of Common Stock Shares of Aura Systems, Inc. (the "“Warrant Stock") covered by the Warrant”).

Net Exercise Election. The undersigned Holder elects to convert the Warrant into shares of Warrant Stock by net exercise election pursuant to Section 2.6 of the Warrant. This conversion is exercised with respect to __________ shares of Common Stock of Aura SystemsElite Logistics, Inc. (the "Warrant Stock") covered by the Warrant.

Net Exercise Election. The undersigned Holder elects to convert the Warrant into shares of Warrant Stock by net exercise election pursuant to Section 2.6 2.3(b) of the Warrant. This conversion is exercised with respect to __________ shares of Common Series B Preferred Stock of Aura SystemsForce10 Networks, Inc. Inc., being the Warrant Stock for which the Warrant is presently exercisable pursuant to its terms (the "“Warrant Stock"”) covered by the Warrant.

Net Exercise Election. The undersigned Holder elects to convert the Warrant into shares of Warrant Stock by net exercise election pursuant to Section 2.6 3.5 of the Warrant. This conversion is exercised with respect to __________ shares of Common Warrant Stock of Aura Systems, Inc. (the "Warrant Stock") covered by the Warrant.

Net Exercise Election. The undersigned Holder elects to convert the Warrant into shares of Warrant Stock by net exercise election pursuant to Section 2.6 2.3(b) of the Warrant. This conversion is exercised with respect to __________ shares of Common Series A-1 Preferred Stock of Aura SystemsForce10 Networks, Inc. Inc., being the Warrant Stock for which the Warrant is presently exercisable pursuant to its terms (the "“Warrant Stock"”) covered by the Warrant.

Net Exercise Election. The undersigned Holder elects to convert the Warrant into shares of Warrant Stock by net exercise election pursuant to Section 2.6 1.5 of the Warrant. This conversion is exercised with respect to __________ shares of Common Stock of Aura Systems, Inc. LeCroy Corporation (the "Warrant StockWARRANT STOCK") covered by the Warrant).

Net Exercise Election. The On the terms and conditions set forth in the Warrant, the undersigned Holder elects to convert the Warrant into shares of Warrant Stock by net exercise election pursuant to Section 2.6 of the Warrant. This conversion is exercised with respect to __________ shares of Common Stock of Aura Systems, Inc. the Company (the "“Warrant Stock"”) covered by the Warrant.