The Company agrees to issue and sell to the Purchasers and, in consideration of and in express reliance upon the representations, warranties, covenants, terms and conditions of this Agreement, the Purchasers agree, severally and not jointly, to purchase the Shares .  The closing of the purchase and sale of the Shares (the “ Closing ”) shall take place at the offices of Wilson Sonsini Goodrich & Rosati, P.C. located at 650 Page Mill Road , Palo Alto, California, three Business Days following the satisfaction or waiver of the conditions set forth in Section 2. 5 , or at such other time and place or on such date as the Principal Purchasers and the Company may agree upon (such date is hereinafter referred to as the “ Closing Date ”).