Common use of Representative’s Warrant Clause in Contracts

Representative’s Warrant. The Company hereby agrees to issue to the Representative (and/or its designees) on the applicable Closing Date and/or Option Closing Date, as the case may be, Warrants to purchase such number of Shares equal to ten percent (10%) of the Shares issued at the Closing (for the avoidance of doubt, including the Additional Shares) (the “Representative’s Warrant”). The Representative’s Warrant shall be exercisable, in whole or in part, commencing 180 days from the Effective Date and expiring on the three (3) year six (6) month anniversary of the Effective Date at an initial exercise price of $[●] per Share, which is equal to one hundred twenty-five percent (125%) of the initial public offering price of a Firm Share. The Representative’s Warrant and the Shares issuable upon exercise of the Representative’s Warrant are hereinafter referred to collectively as the “Representative’s Securities.” The Firm Shares, the Option Shares and the Representative’s Securities are hereinafter referred to collectively as the “Securities.”

Representative’s Warrant. The Company hereby agrees to issue to the Representative (and/or its designees) on the applicable Closing Date and/or Option Closing Date, as the case may be, Warrants to purchase such number of Shares equal to ten eight percent (108%) of the Shares issued at the Closing (for the avoidance of doubt, including the Additional Shares) (the “Representative’s Warrant”). The Representative’s Warrant shall be exercisable, in whole or in part, commencing 180 days from the Effective Date and expiring on the three (3) three-year six (6) month anniversary of the Effective Date at an initial exercise price of $[●] per Share, which is equal to one hundred twenty-five twenty percent (125120%) of the initial public offering price of a Firm Share. The Representative’s Warrant and the Shares issuable upon exercise of the Representative’s Warrant are hereinafter referred to collectively as the “Representative’s Securities.” The Firm Shares, the Option Additional Shares and the Representative’s Securities are hereinafter referred to collectively as the “Securities.”

Representative’s Warrant. The Company hereby agrees to issue to the Representative (and/or its designees) on the applicable Closing Date and/or Option Closing Date, as the case may be, Warrants to purchase such number of Shares equal to ten five percent (105%) of the Shares issued at the Closing (for the avoidance of doubt, including the Additional Shares) (the “Representative’s Warrant”). The Representative’s Warrant shall be exercisable, in whole or in part, commencing 180 days from the Effective Date and expiring on the three (3) year six (6) month anniversary of the Effective Date at an initial exercise price of $[●] per Share, which is equal to one hundred twenty-five twenty percent (125120%) of the initial public offering price of a Firm Share. The Representative’s Warrant and the Shares issuable upon exercise of the Representative’s Warrant are hereinafter referred to collectively as the “Representative’s Securities.” The Firm Shares, the Option Shares and the Representative’s Securities are hereinafter referred to collectively as the “Securities.”

Representative’s Warrant. The Company hereby agrees to issue to the Representative (and/or its designees) on the applicable Closing Date and/or Option Closing Date, as the case may be, Warrants to purchase such number of Shares equal to ten eight percent (108%) of the Shares issued at the Closing (for the avoidance of doubt, including the Additional Shares) (the “Representative’s Warrant”). The Representative’s Warrant shall be exercisable, in whole or in part, commencing 180 days six (6) months from the Effective Date and expiring on the three (3) five-year six (6) month anniversary of the Effective Date at an initial exercise price of $[●] per Share, which is equal to one hundred twenty-five twenty percent (125120%) of the initial public offering price of a Firm Share. The Representative’s Warrant and the Shares issuable upon exercise of the Representative’s Warrant are hereinafter referred to collectively as the “Representative’s Securities.” The Firm Shares, the Option Additional Shares and the Representative’s Securities are hereinafter referred to collectively as the “Securities.”

Representative’s Warrant. The Company hereby agrees to issue to the Representative (and/or its designees) on the applicable Closing Date and/or Option Closing Date, as the case may be, Warrants to purchase such number of Shares equal to ten percent (10%) of the Shares issued at the Closing (for the avoidance of doubt, including the Additional Shares) (the “Representative’s Warrant”). The Representative’s Warrant shall be exercisable, in whole or in part, commencing 180 days from the Effective Date and expiring on the three (3) five-year six (6) month anniversary of the Effective Date at an initial exercise price of $[●] per Share, which is equal to one hundred twenty-five and fifteen percent (125115%) of the initial public offering price of a Firm Share. The Representative’s Warrant and the Shares issuable upon exercise of the Representative’s Warrant are hereinafter referred to collectively as the “Representative’s Securities.” The Firm Shares, the Option Additional Shares and the Representative’s Securities are hereinafter referred to collectively as the “Securities.”” 2 The Additional shares shall equal 15% of the securities offered in the Offering.

Representative’s Warrant. The Company hereby agrees to issue to the Representative (and/or its designees) on the applicable Closing Date and/or Option Closing Date, as the case may be, Warrants to purchase such number of Shares equal to ten percent (10%) of the Shares issued at the Closing (for the avoidance of doubt, including the Additional Shares) (the “Representative’s Warrant”). The Representative’s Warrant shall be exercisable, in whole or in part, commencing 180 days from the Effective Date and expiring on the three (3) five-year six (6) month anniversary of the Effective Date at an initial exercise price of $[●] 4.60 per Share, which is equal to one hundred twenty-five and fifteen percent (125115%) of the initial public offering price of a Firm Share. The Representative’s Warrant and the Shares issuable upon exercise of the Representative’s Warrant are hereinafter referred to collectively as the “Representative’s Securities.” The Firm Shares, the Option Additional Shares and the Representative’s Securities are hereinafter referred to collectively as the “Securities.”