Common use of Prior Notice of Certain Events Clause in Contracts

Prior Notice of Certain Events. The Company shall give the Holder of this Warrant prior written notice of any of the following transactions: (a) any consolidation, merger or other corporate reorganization involving the Company; (b) any transaction or series of related transactions by the Company in which in excess of 50% of the Company's voting power is transferred; (c) any reclassification of the Common Stock; or (d) a sale of all or substantially all of the assets of the Company. Such notice shall be given to the Holder not later than the earlier of (x) 20 days prior to the consummation of the transaction, or (y) 15 days prior to the record date for shareholders entitled to vote on or participate in the transaction. Such notice shall provide the Holder with a description of the transaction. The Holder may, by so stating in its notice of exercise, make any exercise of its rights under this Warrant to purchase Shares for the Exercise Price effective immediately prior to but conditional upon, the consummation of any such transaction.

Prior Notice of Certain Events. The Company shall give the Holder of ------------------------------ this Warrant prior written notice of any of the following transactions: (a) any consolidation, merger or other corporate reorganization involving the Company; (b) any transaction or series of related transactions by the Company in which in excess of 50% of the Company's voting power is transferred; (c) any reclassification of the Common Stock; or (d) a sale of all or substantially all of the assets of the Company. Such notice shall be given to the Holder not later than the earlier of (x) 20 days prior to the consummation of the transaction, or (y) 15 days prior to the record date for shareholders entitled to vote on or participate in the transaction. Such notice shall provide the Holder with a description of the transaction. The Holder may, by so stating in its notice of exercise, make any exercise of its rights under this Warrant to purchase Shares for the Exercise Price effective immediately prior to but conditional upon, the consummation of any such transaction.