Common use of No Rights as Shareholder Until Exercise Clause in Contracts

No Rights as Shareholder Until Exercise. This Warrant does not entitle the holder hereof to any voting rights or other rights as a shareholder of the Company prior to the exercise thereof. If, however, at the time of the surrender of this Warrant and purchase the holder hereof shall be entitled to exercise this Warrant, the shares so purchased shall be and be deemed to be issued to such holder as the record owner of such shares as of the close of business on the date on which this Warrant shall have been exercised.

No Rights as Shareholder Until Exercise. This Warrant does not entitle the holder hereof Registered Holder to any voting rights or other rights as a shareholder stockholder of the Company prior to the exercise thereofhereof. If, however, at the time of Upon the surrender of this Warrant and purchase the holder hereof shall be entitled to exercise this Warrantpayment of the aggregate Exercise Price, the shares Warrant Shares so purchased shall be and be deemed to be issued to such holder the Registered Holder as the record owner of such shares as of the close of business on the later of the date on which this Warrant shall have been exercisedof such surrender or payment.

No Rights as Shareholder Until Exercise. This Warrant does not entitle the holder hereof Investor to any voting rights or other rights as a shareholder of the Company prior to the exercise thereof. If, however, at the time of the surrender of this Warrant and purchase of Warrant Shares the holder hereof Investor shall be entitled to exercise this Warrant, the shares so purchased shall be and be deemed to be issued to such holder the Investor as the record owner of such shares as of the close of business on the date on which this Warrant shall have been exercised.

No Rights as Shareholder Until Exercise. This Warrant does not entitle the holder Holder hereof to any voting rights or other rights as a shareholder of the Company prior to the exercise thereofhereof. If, however, at the time of Upon the surrender of this Warrant and purchase the holder hereof shall be entitled to exercise this Warrantpayment of the Exercise Price, the shares of Common Stock so purchased shall be and be deemed to be issued to such holder Holder as the record owner of such shares securities as of the close of business on the later of the date on which this Warrant shall have been exercisedof such surrender or payment.

No Rights as Shareholder Until Exercise. This Warrant does not entitle the holder hereof to any voting rights or other rights as a shareholder of the Company prior to the exercise thereofhereof. If, however, at the time of Upon the surrender of this Warrant and purchase the holder hereof shall be entitled to exercise this Warrantpayment of the aggregate Exercise Price, the shares Warrant Shares so purchased shall be and be deemed to be issued to such holder the Holder as the record owner of such shares as of the close of business on the later of the date on which this Warrant shall have been exercisedof such surrender or payment.

No Rights as Shareholder Until Exercise. This Warrant does not --------------------------------------- entitle the holder hereof to any voting rights or other rights as a shareholder of the Company prior to the exercise thereof. If, however, at the time of the surrender of this Warrant and purchase the holder hereof shall be entitled to exercise this Warrant, the shares so purchased shall be and be deemed to be issued to such holder as the record owner of such shares as of the close of business on the date on which this Warrant shall have been exercised.

No Rights as Shareholder Until Exercise. This Warrant does not entitle the holder hereof to any voting rights or other rights as a shareholder of the Company prior to the exercise thereofhereof. If, however, at the time of the surrender of this Warrant and purchase the holder hereof shall be entitled to exercise this Warrant, the shares so purchased shall be and be deemed to be issued to such holder as the record owner of such shares as of the close of business on the date on which this Warrant shall have been exercised.

No Rights as Shareholder Until Exercise. This Warrant does not entitle --------------------------------------- the holder hereof to any voting rights or other rights as a shareholder of the Company prior to the exercise thereof. If, however, at the time of the surrender of this Warrant and purchase the holder hereof shall be entitled to exercise this Warrant, the shares so purchased shall be and be deemed to be issued to such holder as the record owner of such shares as of the close of business on the date on which this Warrant shall have been exercised.

No Rights as Shareholder Until Exercise. This Warrant does not --------------------------------------- entitle the holder hereof to any voting rights or other rights as a shareholder of the Company prior to the exercise thereof. If, however, at the time of the surrender of this Warrant and purchase the holder hereof shall be entitled to exercise this Warrant, the shares so purchased shall be and be deemed to be issued to such holder as the record owner of such shares as of the close of business on the date on which this Warrant shall have been exercised.

No Rights as Shareholder Until Exercise. This Warrant does not entitle the holder hereof to any voting rights or other rights as a shareholder of the Company prior to the exercise thereof. If, however, at the time of the surrender of this Warrant and purchase the holder hereof shall be entitled to exercise this Warrant, the shares of Common Stock so purchased shall be and be deemed to be issued to such holder as the record owner of such shares as of the close of business on the date on which this Warrant shall have been exercised.

No Rights as Shareholder Until Exercise. This Warrant does not entitle --------------------------------------- the holder Holder hereof to any voting rights or other rights as a shareholder Shareholder of the Company prior to the exercise thereof. If, however, at the time of the surrender of this Warrant and purchase the holder Holder hereof shall be entitled to exercise this Warrant, the shares so purchased shall be and be deemed to be issued to such holder as the record owner of such shares as of the close of business on the date on which this Warrant shall have been exercised.

No Rights as Shareholder Until Exercise. This Warrant does not entitle the holder hereof to any voting rights or other rights as a shareholder of the Company prior to the exercise thereof. If, however, at the time of the surrender of this Warrant and purchase of the shares the holder hereof shall be entitled to exercise this Warrant, the shares so purchased shall be and be deemed to be issued to such holder as the record owner of such shares as of the close of business on the date on which this Warrant shall have been exercised.