Common use of No Right to Purchase Clause in Contracts

No Right to Purchase. The issuance of the Units in the Offering and the Placement Agent Options and the Common Stock upon exercise of the Warrants, the Placement Agent Options and the Warrants issuable thereunder will not give any holder of any of the Company's outstanding shares of Common Stock, options, warrants or other convertible securities or rights to purchase securities of the Company (i) the right to purchase any additional shares of Common Stock or any other securities of the Company, or (ii) the right to purchase any securities at a reduced price.