Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties set forth in this Agreement, the Company agrees to issue, sell and deliver to each Purchaser and AFIV shall cause each Purchaser to purchase from the Company, a Warrant to purchase the number of shares (the “ Warrant Shares ”) of Common Stock to be set forth opposite such Purchaser’s name set forth on the Allocation Schedule (as defined below) in consideration of the payment of the amount to be set forth opposite such Purchaser’s name on the Allocation Schedule. Each of the Warrants shall be issued to the Purchasers, and AFIV shall cause each of the Purchasers to fund the purchase price for such Purchaser’s Warrant, on the date that all of the conditions set forth in Section 2.1 (such conditions, the “ Closing Conditions ” and such date, the “ Closing Date ”) have been satisfied.