Common use of Subscription for Less than Entitlement Clause in Contracts

Subscription for Less than Entitlement. The Warrantholder may subscribe for and purchase a number of Common Shares less than the total number of Common Shares that the Warrantholder is entitled to purchase hereunder, in which event the Corporation shall cause a certificate representing the balance of the Warrants not exercised by the Warrantholder to be mailed to the address provided by the Warrantholder.