Common use of Warrant B Clause in Contracts

Warrant B. On the Subscription Date, the Company will issue to the Investor Warrant B exercisable beginning six months from the Subscription Date and then exercisable any time over the five year period there following, to purchase an aggregate of 20,000 Warrant Shares at the Exercise Price (as defined in the Warrant). Warrant B shall be delivered by the Company to the Escrow Agent, and delivered to the Investor pursuant to the terms of this Agreement and the Escrow Agreement. The Warrant Shares shall be registered for resale pursuant to the Registration Rights Agreement.

Warrant B. On the Subscription Date, the Company will issue to the Investor Investors (pro rata) a Warrant B exercisable beginning six months from the Subscription Date and then exercisable any time over the five year period there following, to purchase an aggregate of 20,000 30,000 Warrant Shares at the Exercise Price (as defined in the Warrant). Warrant B shall be delivered by the Company to the Escrow Agent, and delivered to the Investor Investors pursuant to the terms of this Agreement and the Escrow Agreement. The Warrant Shares shall be registered for resale pursuant to the Registration Rights Agreement.