Common use of Purchase of Shares and Warrants Clause in Contracts

Purchase of Shares and Warrants. In reliance upon the representations and warranties of the Company contained herein, and subject to the terms and conditions set forth herein, each Purchaser hereby agrees to purchase, at a price per Unit of $2.00, the number of Shares and Warrants set forth below such Purchaser's signature on such Purchaser's signature page hereto. Each Purchaser shall, severally and not jointly, be liable for only the purchase of the Shares and the Warrants indicated on such Purchaser's signature page hereto.