Mechanics of Exercise. Subject to the terms and conditions hereof, the rights represented by this Warrant may be exercised in whole or in part at any time or times during the Exercise Period by delivery of a written notice, in the form attached hereto as [Exhibit A] (the “Exercise Notice”), of the Holder’s election to exercise this Warrant. The Holder shall not be required to deliver the original Warrant in order to effect an exercise hereunder. Partial exercises of this Warrant resulting in issuance of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant Shares issued hereunder in an amount equal to the applicable number of Warrant Shares issued. On or before the second Trading Day (the “Warrant Share Delivery Date”) following the date on which the Holder sent the Exercise Notice to the Company or the Company’s transfer agent together with the Exercise Notice, the “Exercise Delivery Documents”), the Company shall (or direct its transfer agent to) issue and dispatch by overnight courier to the address as specified in the Exercise Notice, a certificate, registered in the Company’s share register in the name of the Holder or its designee, for the number of Common Shares to which the Holder is entitled pursuant to such exercise (or deliver such Common Shares in electronic format if requested by the Holder). Upon delivery of the Exercise Delivery Documents, the Holder shall be deemed for all corporate purposes to have become the holder of record of the Warrant Shares with respect to which this Warrant has been exercised, irrespective of the date of delivery of the certificates evidencing such Warrant Shares. If this Warrant is submitted in connection with any exercise and the number of Warrant Shares represented by this Warrant submitted for exercise is greater than the number of Warrant Shares being acquired upon an exercise, then the Company shall as soon as practicable and in no event later than three Business Days after any exercise and at its own expense, issue a new Warrant (in accordance with [Section 6]) representing the right to issue the number of Warrant Shares issuable immediately prior to such exercise under this Warrant, less the number of Warrant Shares with respect to which this Warrant is exercised.

Mechanics of Exercise. Subject to the terms and conditions hereof, the rights represented by this Warrant may be exercised in whole or in part at any time or times during the Exercise Period by delivery of a written notice, in the form attached hereto as [Exhibit A] (the “Exercise Notice”), of the Holder’s election to exercise this Warrant. The Holder shall not be required to deliver the original Warrant in order to effect an exercise hereunder. Partial exercises of this Warrant resulting in issuancepurchases of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant Shares issuedpurchasable hereunder in an amount equal to the applicable number of Warrant Shares issued.purchased. On or before the second Trading Day (the “Warrant Share Delivery Date”) following the date on which the Holder sent the Exercise Notice to the Company or the Company’s transfer agentagent, and upon receipt by the Company of payment to the Company of an amount equal to the applicable Exercise Price multiplied by the number of Warrant Shares as to which all or a portion of this Warrant is being exercised (the “Aggregate Exercise Price” and together with the Exercise Notice, the “Exercise Delivery Documents”) in cash or by wire transfer of immediately available funds (or by cashless exercise, in which case there shall be no Aggregate Exercise Price provided), the Company shall (or direct its transfer agent to) issue and dispatchdeliver by overnight courier to the address as specified in the Exercise Notice, a certificate, registered in the Company’s share register in the name of the Holder or its designee, for the number of shares of Common SharesStock to which the Holder is entitled pursuant to such exercise (or deliver such shares of Common SharesStock in electronic format if requested by the Holder). Upon delivery of the Exercise Delivery Documents, the Holder shall be deemed for all corporate purposes to have become the holder of record of the Warrant Shares with respect to which this Warrant has been exercised, irrespective of the date of delivery of the certificates evidencing such Warrant Shares. If this Warrant is submitted in connection with any exercise and the number of Warrant Shares represented by this Warrant submitted for exercise is greater than the number of Warrant Shares being acquired upon an exercise, then the Company shall as soon as practicable and in no event later than three Business Daysbusiness days after any exercise and at its own expense, issue a new Warrant (in accordance with [Section 6]) representing the right to issuepurchase the number of Warrant Shares issuablepurchasable immediately prior to such exercise under this Warrant, less the number of Warrant Shares with respect to which this Warrant is exercised.

Exercise of Exercise. Subject to the terms and conditions hereof,Warrant. Exercise of the rights represented by this Warrant may be exercisedmade, in whole or in partpart, at any time or times duringon or after the Exercise PeriodEffective Date and on or before the Termination Date by delivery to the Company (or such other office or agency of the Company as it may designate by notice in writing to the registered Holder at the address of the Holder appearing on the books of the Company) of a written notice, in the form attached hereto as [Exhibit A] (the “Exercise Notice”),duly executed facsimile or electronic copy of the Holder’s electionNotice of Exercise Form annexed hereto. Notwithstanding anything herein to exercise this Warrant. Thethe contrary, the Holder shall not be required to deliverphysically surrender this Warrant to the originalCompany until the Holder has acquired all of the Warrant Shares available hereunder and the Warrant has been exercised in orderfull, in which case, the Holder shall surrender this Warrant to effect an exercise hereunder.the Company for cancellation within three (3) Trading Days of the date the final Notice of Exercise is delivered to the Company. Partial exercises of this Warrant resulting in issuanceacquisition of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant Shares issuedacquirable hereunder in an amount equal to the applicable number of Warrant Shares issued. On or before the second Trading Day (the “Warrant Share Delivery Date”) following the date on which theacquired. The Holder sent the Exercise Notice to the Company or the Company’s transfer agent together with the Exercise Notice, the “Exercise Delivery Documents”),and the Company shall (or direct its transfer agent to) issue and dispatch by overnight courier to the address as specified in the Exercise Notice, a certificate, registered in the Company’s share register in the name of the Holder or its designee, for the number of Common Shares to which the Holder is entitled pursuant to such exercise (or deliver such Common Shares in electronic format if requested by the Holder). Upon delivery of the Exercise Delivery Documents, the Holder shall be deemed for all corporate purposes to have become the holder of record of the Warrant Shares with respect to which this Warrant has been exercised, irrespective of the date of delivery of the certificates evidencing such Warrant Shares. If this Warrant is submitted in connection with any exercise andmaintain records showing the number of Warrant Shares representedacquired and the date of such acquisitions. The Company shall deliver any objection to any Notice of Exercise Form within two (2) Business Days of receipt of such notice. In the event of any dispute or discrepancy, the records of the Holder shall be controlling and determinative in the absence of manifest error. The Holder and any assignee, by acceptance of this Warrant, acknowledge and agree that, by reason of the provisions of this paragraph, following the acquisition of a portion of the Warrant submitted for exercise is greater thanShares hereunder, the number of Warrant Shares being acquired upon an exercise, thenavailable for acquisition hereunder at any given time may be less than the Company shall as soon as practicable and in no event later than three Business Days after any exercise and at its own expense, issue a new Warrant (in accordance with [Section 6]) representingamount stated on the right to issue the number of Warrant Shares issuable immediately prior to such exercise under this Warrant, less the number of Warrant Shares with respect to which this Warrant is exercised.face hereof.

Exercise of Exercise. Subject toWarrants. Exercise of the terms and conditions hereof, thepurchase rights for Warrant Shares represented by this Warrant may be exercisedmade, in whole or in partpart, at any time or times duringon or after the Initial Exercise PeriodDate and on or before the Termination Date by delivery to the Company (or such other office or agency of the Company as it may designate by notice in writing to the registered Holder at the address of the Holder appearing on the books of the Company) of a written notice,duly executed Notice of Exercise in the form attachedannexed hereto as [Exhibit A] (the “Exercise Notice”),(which may be delivered in a .PDF format via electronic mail pursuant to the notice provisions set forth in the Loan Agreement). Within two (2) Trading Days of the Holder’date said Notice of Exercise is delivered to the Company (or within three (3) Trading Days of the date said Notice of Exercise is delivered to the Company if the Notice of Exercise is received after ​ EST on such day), the Company shall have received payment of the aggregate Exercise Price of the Warrant Shares thereby purchased by wire transfer or cashier’s electioncheck drawn on a United States bank, unless such exercise is made pursuant to the cashless exercise procedure specified in [Section 2(d)] below (if available). No ink-original Notice of Exercise shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise form be required. The Company shall be entitled to conclusively assume the genuineness of any signature on any Notice of Exercise delivered to the Company pursuant to this Warrant. The[Section 2(b)], the legal capacity and competency of all natural persons signing any Notice of Exercise so delivered, the authenticity of any Notice of Exercise so delivered, the conformity to an authentic original of any Notice of Exercise so delivered as certified, authenticated, conformed, photostatic, facsimile, or electronic and the authenticity of the original of such Notice of Exercise. Notwithstanding anything herein to the contrary, the Holder shall not be required to deliverphysically surrender this Warrant to the originalCompany until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in orderfull, in which case, the Holder shall surrender this Warrant to effect an exercise hereunder.the Company for cancellation within three (3) Trading Days of the date the final Notice of Exercise is delivered to the Company. Partial exercises of this Warrant resulting in issuancepurchases of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant Shares issuedpurchasable hereunder in an amount equal to the applicable number of Warrant Shares issued. On or before the second Trading Day (the “Warrant Share Delivery Date”) following the date on which thepurchased. The Holder sent the Exercise Notice to the Company or the Company’s transfer agent together with the Exercise Notice, the “Exercise Delivery Documents”),and the Company shall (or direct its transfer agent to) issue and dispatch by overnight courier to the address as specified in the Exercise Notice, a certificate, registered in the Company’s share register in the name of the Holder or its designee, for the number of Common Shares to which the Holder is entitled pursuant to such exercise (or deliver such Common Shares in electronic format if requested by the Holder). Upon delivery of the Exercise Delivery Documents, the Holder shall be deemed for all corporate purposes to have become the holder of record of the Warrant Shares with respect to which this Warrant has been exercised, irrespective of the date of delivery of the certificates evidencing such Warrant Shares. If this Warrant is submitted in connection with any exercise andmaintain records showing the number of Warrant Shares represented by this Warrant submitted for exercise is greater thanpurchased and the date of such purchases, and the Company shall be entitled to conclusively assume that its records of the number of Warrant Shares being acquired upon an exercise, thenpurchased and the date of such purchases are accurate, absent actual notice to the contrary. The Company shall as soon as practicable and in no event later than threedeliver any objection to any Notice of Exercise within two (2) Business Days afterof receipt of such notice. The Holder and any exerciseassignee, by acceptance of this Warrant, acknowledge and at its own expense, issueagree that, by reason of the provisions of this paragraph, following the purchase of a newportion of the Warrant (in accordance with [Section 6]) representing the right to issueShares hereunder, the number of Warrant Shares issuable immediately prior to such exercise under this Warrant,available for purchase hereunder at any given time may be less than the number of Warrant Shares with respect to which this Warrant is exercised.amount stated on the face hereof.

Exercise of Exercise. Subject toWarrants. Exercise of the terms and conditions hereof, thepurchase rights for Warrant Shares represented by this Warrant may be exercisedmade, in whole or in partpart, at any time or times duringon or after the Initial Exercise PeriodDate and on or before the Termination Date by delivery to the Company (or such other office or agency of the Company as it may designate by notice in writing to the registered Holder at the address of the Holder appearing on the books of the Company) of a written notice,duly executed Notice of Exercise in the form attachedannexed hereto as [Exhibit A] (the “Exercise Notice”),(which may be delivered in a .PDF format via electronic mail pursuant to the notice provisions set forth in the Purchase Agreement). Within two (2) Trading Days of the Holder’date said Notice of Exercise is delivered to the Company (or within three (3) Trading Days of the date said Notice of Exercise is delivered to the Company if the Notice of Exercise is received after ​ EST on such day), the Company shall have received payment of the aggregate Exercise Price of the Warrant Shares thereby purchased by wire transfer or cashier’s electioncheck drawn on a United States bank, unless such exercise is made pursuant to the cashless exercise procedure specified in [Section 2(c)] below (if available). No ink-original Notice of Exercise shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise form be required. The Company shall be entitled to conclusively assume the genuineness of any signature on any Notice of Exercise delivered to the Company pursuant to this Warrant. The[Section 2(a)], the legal capacity and competency of all natural persons signing any Notice of Exercise so delivered, the authenticity of any Notice of Exercise so delivered, the conformity to an authentic original of any Notice of Exercise so delivered as certified, authenticated, conformed, photostatic, facsimile, or electronic and the authenticity of the original of such Notice of Exercise. Notwithstanding anything herein to the contrary, the Holder shall not be required to deliverphysically surrender this Warrant to the originalCompany until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in orderfull, in which case, the Holder shall surrender this Warrant to effect an exercise hereunder.the Company for cancellation within three (3) Trading Days of the date the final Notice of Exercise is delivered to the Company. Partial exercises of this Warrant resulting in issuancepurchases of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant Shares issuedpurchasable hereunder in an amount equal to the applicable number of Warrant Shares issued. On or before the second Trading Day (the “Warrant Share Delivery Date”) following the date on which thepurchased. The Holder sent the Exercise Notice to the Company or the Company’s transfer agent together with the Exercise Notice, the “Exercise Delivery Documents”),and the Company shall (or direct its transfer agent to) issue and dispatch by overnight courier to the address as specified in the Exercise Notice, a certificate, registered in the Company’s share register in the name of the Holder or its designee, for the number of Common Shares to which the Holder is entitled pursuant to such exercise (or deliver such Common Shares in electronic format if requested by the Holder). Upon delivery of the Exercise Delivery Documents, the Holder shall be deemed for all corporate purposes to have become the holder of record of the Warrant Shares with respect to which this Warrant has been exercised, irrespective of the date of delivery of the certificates evidencing such Warrant Shares. If this Warrant is submitted in connection with any exercise andmaintain records showing the number of Warrant Shares represented by this Warrant submitted for exercise is greater thanpurchased and the date of such purchases, and the Company shall be entitled to conclusively assume that its records of the number of Warrant Shares being acquired upon an exercise, thenpurchased and the date of such purchases are accurate, absent actual notice to the contrary. The Company shall as soon as practicable and in no event later than threedeliver any objection to any Notice of Exercise within two (2) Business Days afterof receipt of such notice. The Holder and any exerciseassignee, by acceptance of this Warrant, acknowledge and at its own expense, issueagree that, by reason of the provisions of this paragraph, following the purchase of a newportion of the Warrant (in accordance with [Section 6]) representing the right to issueShares hereunder, the number of Warrant Shares issuable immediately prior to such exercise under this Warrant,available for purchase hereunder at any given time may be less than the number of Warrant Shares with respect to which this Warrant is exercised.amount stated on the face hereof.

Exercise of Exercise. Subject to the terms and conditions hereof, thepurchase rights represented by this Warrant may be exercisedmade, in whole or in partpart, at any time or times duringon or after the Initial Exercise PeriodDate and on or before the Termination Date by delivery to the Company (or such other office or agency of the Company as it may designate by notice in writing to the registered Holder at the address of the Holder appearing on the books of the Company) of a written notice,duly executed facsimile copy of the Notice of Exercise Form annexed hereto. Within two (2) Trading Days following the date of exercise as aforesaid, the Holder shall deliver the aggregate Exercise Price for the shares specified in the form attached hereto as [Exhibit A] (the “Exercise Notice”)applicable Notice of Exercise by wire transfer or cashier’s check drawn on a United States bank unless the cashless exercise procedure specified in [Section 2(c)] below is specified in the applicable Notice of Exercise. Notwithstanding anything herein to the contrary (although the Holder may surrender the Warrant to, and receive a replacement Warrant from, the Company), of the Holder’s election to exercise this Warrant. The Holder shall not be required to deliverphysically surrender this Warrant to the originalCompany until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in orderfull, in which case, the Holder shall surrender this Warrant to effect an exercise hereunder.the Company for cancellation within three (3) Trading Days of the date the final Notice of Exercise is delivered to the Company. Partial exercises of this Warrant resulting in issuancepurchases of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant Shares issuedpurchasable hereunder in an amount equal to the applicable number of Warrant Shares issued. On or before the second Trading Day (the “Warrant Share Delivery Date”) following the date on which thepurchased. The Holder sent the Exercise Notice to the Company or the Company’s transfer agent together with the Exercise Notice, the “Exercise Delivery Documents”),and the Company shall (or direct its transfer agent to) issue and dispatch by overnight courier to the address as specified in the Exercise Notice, a certificate, registered in the Company’s share register in the name of the Holder or its designee, for the number of Common Shares to which the Holder is entitled pursuant to such exercise (or deliver such Common Shares in electronic format if requested by the Holder). Upon delivery of the Exercise Delivery Documents, the Holder shall be deemed for all corporate purposes to have become the holder of record of the Warrant Shares with respect to which this Warrant has been exercised, irrespective of the date of delivery of the certificates evidencing such Warrant Shares. If this Warrant is submitted in connection with any exercise andmaintain records showing the number of Warrant Shares representedpurchased and the date of such purchases. The Company shall deliver any objection to any Notice of Exercise Form within one (1) Trading Day of delivery of such notice. The Holder and any assignee, by acceptance of this Warrant, acknowledge and agree that, by reason of the provisions of this paragraph, following the purchase of a portion of the Warrant submitted for exercise is greater thanShares hereunder, the number of Warrant Shares being acquired upon an exercise, thenavailable for purchase hereunder at any given time may be less than the Company shall as soon as practicable and in no event later than three Business Days after any exercise and at its own expense, issue a new Warrant (in accordance with [Section 6]) representingamount stated on the right to issue the number of Warrant Shares issuable immediately prior to such exercise under this Warrant, less the number of Warrant Shares with respect to which this Warrant is exercised.face hereof.

Exercise of Exercise. Subject to the terms and conditions hereof, thepurchase rights represented by this Warrant may be exercisedmade, in whole or in partpart, at any time or times duringon or after the Initial Exercise PeriodDate and on or before the Termination Date by delivery to the Company (or such other office or agency of the Company as it may designate by notice in writing to the registered Holder at the address of the Holder appearing on the books of the Company) of a written notice,duly executed facsimile (or other electronic method) copy of the Notice of Exercise Form annexed hereto. Within two (2) Business Days following the date of exercise as aforesaid, the Holder shall deliver the aggregate Exercise Price for the shares specified in the form attached hereto as [Exhibit A] (the “Exercise Notice”)applicable Notice of Exercise by wire transfer or cashier’s check drawn on a United States bank unless the cashless exercise procedure specified in [Section 2(c)] below is specified in the applicable Notice of Exercise. Notwithstanding anything herein to the contrary (although the Holder may surrender the Warrant to, and receive a replacement Warrant from, the Company), of the Holder’s election to exercise this Warrant. The Holder shall not be required to deliverphysically surrender this Warrant to the originalCompany until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in orderfull, in which case, the Holder shall surrender this Warrant to effect an exercise hereunder.the Company for cancellation within three (3) Business Days of the date the final Notice of Exercise is delivered to the Company. Partial exercises of this Warrant resulting in issuancepurchases of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant Shares issuedpurchasable hereunder in an amount equal to the applicable number of Warrant Shares issued. On or before the second Trading Day (the “Warrant Share Delivery Date”) following the date on which thepurchased. The Holder sent the Exercise Notice to the Company or the Company’s transfer agent together with the Exercise Notice, the “Exercise Delivery Documents”),and the Company shall (or direct its transfer agent to) issue and dispatch by overnight courier to the address as specified in the Exercise Notice, a certificate, registered in the Company’s share register in the name of the Holder or its designee, for the number of Common Shares to which the Holder is entitled pursuant to such exercise (or deliver such Common Shares in electronic format if requested by the Holder). Upon delivery of the Exercise Delivery Documents, the Holder shall be deemed for all corporate purposes to have become the holder of record of the Warrant Shares with respect to which this Warrant has been exercised, irrespective of the date of delivery of the certificates evidencing such Warrant Shares. If this Warrant is submitted in connection with any exercise andmaintain records showing the number of Warrant Shares representedpurchased and the date of such purchases. The Company shall deliver any objection to any Notice of Exercise Form within one (1) Business Day of delivery of such notice. The Holder by acceptance of this Warrant, acknowledges and agrees that, by reason of the provisions of this paragraph, following the purchase of a portion of the Warrant submitted for exercise is greater thanShares hereunder, the number of Warrant Shares being acquired upon an exercise, thenavailable for purchase hereunder at any given time may be less than the Company shall as soon as practicable and in no event later than three Business Days after any exercise and at its own expense, issue a new Warrant (in accordance with [Section 6]) representingamount stated on the right to issue the number of Warrant Shares issuable immediately prior to such exercise under this Warrant, less the number of Warrant Shares with respect to which this Warrant is exercised.face hereof.

Exercise of Exercise. Subject to the terms and conditions hereof, thepurchase rights represented by this Warrant may be exercisedmade, in whole or in partpart, at any time or times duringon or after the Initial Exercise PeriodDate and on or before the Termination Date by delivery to the Company (or such other office or agency of the Company as it may designate by notice in writing to the registered Holder at the address of the Holder appearing on the books of the Company) of a written notice, in theduly executed notice of exercise (“Notice of Exercise”) form attached hereto as [Exhibit A] (the “Exercise Notice”),; and, within three (3) Trading Days of the Holder’date said Notice of Exercise is delivered to the Company, the Company shall have received payment of the aggregate Exercise Price of the shares thereby purchased by wire transfer or cashier’s electioncheck drawn on a United States bank. No ink-original Notice of Exercise shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise form be required. Notwithstanding anything herein to exercise this Warrant. Thethe contrary, the Holder shall not be required to deliverphysically surrender this Warrant to the originalCompany until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in orderfull, in which case, the Holder shall surrender this Warrant to effect an exercise hereunder.the Company for cancellation within three (3) Trading Days of the date the final Notice of Exercise is delivered to the Company. Partial exercises of this Warrant resulting in issuancepurchases of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant Shares issuedpurchasable hereunder in an amount equal to the applicable number of Warrant Shares issued. On or before the second Trading Day (the “Warrant Share Delivery Date”) following the date on which thepurchased. The Holder sent the Exercise Notice to the Company or the Company’s transfer agent together with the Exercise Notice, the “Exercise Delivery Documents”),and the Company shall (or direct its transfer agent to) issue and dispatch by overnight courier to the address as specified in the Exercise Notice, a certificate, registered in the Company’s share register in the name of the Holder or its designee, for the number of Common Shares to which the Holder is entitled pursuant to such exercise (or deliver such Common Shares in electronic format if requested by the Holder). Upon delivery of the Exercise Delivery Documents, the Holder shall be deemed for all corporate purposes to have become the holder of record of the Warrant Shares with respect to which this Warrant has been exercised, irrespective of the date of delivery of the certificates evidencing such Warrant Shares. If this Warrant is submitted in connection with any exercise andmaintain records showing the number of Warrant Shares represented by this Warrant submitted for exercise is greater thanpurchased and the numberdate of Warrant Shares being acquired upon an exercise, thensuch purchases. In the event of any dispute or discrepancy, the records of the Company shall as soon as practicablebe controlling and determinative in no event later than three Business Days after any exercise and at its own expense, issue a new Warrant (in accordance with [Section 6]) representing the right to issue the numberabsence of Warrant Shares issuable immediately prior to such exercise under this Warrant, less the number of Warrant Shares with respect to which this Warrant is exercised.manifest error.

Exercise of Exercise. Subject toWarrant. Exercise of the terms and conditions hereof, thepurchase rights represented by this Warrant may be exercisedmade, in whole or in partpart, at any time or times duringon or after the Initial Exercise PeriodDate and on or before the Termination Date by delivery to the Company (or such other office or agency of the Company as it may designate by notice in writing to the registered Holder at the address of the Holder appearing on the books of the Company) of a written notice, in the form attached hereto as [Exhibit A] (the “Exercise Notice”),duly executed facsimile copy of the Holder’Notice of Exercise Form annexed hereto; and, within three (3) Trading Days of the date said Notice of Exercise is delivered to the Company, the Company shall have received payment of the aggregate Exercise Price of the shares thereby purchased by wire transfer or cashier’s electioncheck drawn on a United States bank. Notwithstanding anything herein to exercise this Warrant. Thethe contrary, the Holder shall not be required to deliverphysically surrender this Warrant to the originalCompany until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in orderfull, in which case, the Holder shall surrender this Warrant to effect an exercise hereunder.the Company for cancellation within three (3) Trading Days of the date the final Notice of Exercise is delivered to the Company. Partial exercises of this Warrant resulting in issuancepurchases of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant Shares issuedpurchasable hereunder in an amount equal to the applicable number of Warrant Shares issued. On or before the second Trading Day (the “Warrant Share Delivery Date”) following the date on which thepurchased. The Holder sent the Exercise Notice to the Company or the Company’s transfer agent together with the Exercise Notice, the “Exercise Delivery Documents”),and the Company shall (or direct its transfer agent to) issue and dispatch by overnight courier to the address as specified in the Exercise Notice, a certificate, registered in the Company’s share register in the name of the Holder or its designee, for the number of Common Shares to which the Holder is entitled pursuant to such exercise (or deliver such Common Shares in electronic format if requested by the Holder). Upon delivery of the Exercise Delivery Documents, the Holder shall be deemed for all corporate purposes to have become the holder of record of the Warrant Shares with respect to which this Warrant has been exercised, irrespective of the date of delivery of the certificates evidencing such Warrant Shares. If this Warrant is submitted in connection with any exercise andmaintain records showing the number of Warrant Shares representedpurchased and the date of such purchases. The Company shall deliver any objection to any Notice of Exercise Form within two (2) Business Days of receipt of such notice. In the event of any dispute or discrepancy, the records of the Holder shall be controlling and determinative in the absence of manifest error. The Holder and any assignee, by acceptance of this Warrant, acknowledge and agree that, by reason of the provisions of this paragraph, following the purchase of a portion of the Warrant submitted for exercise is greater thanShares hereunder, the number of Warrant Shares being acquired upon an exercise, thenavailable for purchase hereunder at any given time may be less than the Company shall as soon as practicable and in no event later than three Business Days after any exercise and at its own expense, issue a new Warrant (in accordance with [Section 6]) representingamount stated on the right to issue the number of Warrant Shares issuable immediately prior to such exercise under this Warrant, less the number of Warrant Shares with respect to which this Warrant is exercised.face hereof.

Manner of Exercise.Exercise; Issuance of Certificates; Payment for Shares. Subject to the terms and conditionsprovisions hereof, the rights represented by this Warrant may be exercised by the Holder hereof, in whole or in part at any time or times duringpart, by the Exercise Period by deliverysurrender of this Warrant, together with a written notice,completed exercise agreement in the form attached hereto as [Exhibit A] (the “Exercise Notice”Agreement”), to the Company during normal business hours on any business day at the Company’s principal executive offices (or such other office or agency of the Holder’s electionCompany as it may designate by notice from the Holder hereof), and upon payment to exercise this Warrant. The Holder shall not be required to deliver the original WarrantCompany in order to effect an exercise hereunder. Partial exercises of this Warrant resulting in issuance of a portioncash, by certified or official bank check or by wire transfer for the account of the total numberCompany of the Exercise Price for the Warrant Shares available hereunder shall havespecified in the effect of lowering the outstanding number ofExercise Agreement. The Warrant Shares so purchased shall be deemed to be issued hereunder in an amount equal to the applicable numberHolder hereof or such Holder’s designee, as the record owner of Warrant Shares issued. On or beforesuch shares, as of the second Trading Day (the “Warrant Share Delivery Date”) followingclose of business on the date on which this Warrant shall have been surrendered, the Holder sentcompleted Exercise Agreement shall have been delivered, and payment shall have been made for such shares as set forth above. Certificates for the Exercise Notice toWarrant Shares so purchased, representing the Company or the Company’s transfer agent together with the Exercise Notice, the “Exercise Delivery Documents”), the Company shall (or direct its transfer agent to) issue and dispatch by overnight courier to the address asaggregate number of shares specified in the Exercise Notice,Agreement, shall be delivered to the Holder hereof within a certificate,reasonable time, not exceeding seven (7) business days, after this Warrant shall have been so exercised. The certificates so delivered shall be in such denominations as may be requested by the Holder hereof and shall be registered in the Company’s share register in the name of such Holder or such other name as shall be designated by such Holder. If this Warrant shall have been exercised only in part, then, unless this Warrant has expired, the Company shall, at its expense, at the time of delivery of such certificates, deliver to the Holder or its designee, fora new Warrant representing the number of Common Shares to which the Holder is entitled pursuant to such exercise (or deliver such Common Shares in electronic format if requested by the Holder). Upon delivery of the Exercise Delivery Documents, the Holder shall be deemed for all corporate purposes to have become the holder of record of the Warrant Sharesshares with respect to which this Warrant hasshall not then have been exercised, irrespective of the date of delivery of the certificates evidencing such Warrant Shares. If this Warrant is submitted in connection with any exercise and the number of Warrant Shares represented by this Warrant submitted for exercise is greater than the number of Warrant Shares being acquired upon an exercise, then the Company shall as soon as practicable and in no event later than three Business Days after any exercise and at its own expense, issue a new Warrant (in accordance with [Section 6]) representing the right to issue the number of Warrant Shares issuable immediately prior to such exercise under this Warrant, less the number of Warrant Shares with respect to which this Warrant is exercised.