On the Closing Date, upon the terms and subject to the conditions set forth herein, substantially concurrent with the execution and delivery of this Agreement by the parties hereto, the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase, up to an aggregate of $____ (the “Purchase Price”) in principal amount of the Company’s Common Stock, at a purchase price of Four dollars ($4.00) per share (the “Per Share Purchase Price”). In addition, for each share of Common Stock purchased by a Purchaser (each, a “Share”), the Purchaser shall receive a detachable Warrant to purchase shares of Common Stock substantially in the form attached hereto as Exhibit A (the “Warrant”) exercisable into the same number of shares of Common Stock at a price of $4.50, subject to terms and conditions specified in the Warrant. Each Purchaser shall deliver to the Company, in accordance with the terms set forth in the Subscription Agreement, via wire transfer or a certified check, immediately available funds equal to such Purchaser’s Subscription Amount as set forth on the signature page hereto executed by such Purchaser and the Company shall deliver to each Purchaser its respective Securities pursuant to Section 2.2(a) and Section 2.2(c). The Company and each Purchaser shall deliver the other items set forth in Section 2.2, deliverable at the Closing. Upon satisfaction of the conditions set forth in Section 2.3 hereof, the Closing shall occur at the offices of Company Counsel or such other location as the parties shall mutually agree.