Demand Stockholder

Demand Stockholder. As of the date of determination, any Stockholder holding (a) Warrants that are exercisable for 10% or more of the Warrant Shares issued and outstanding as of such date or issuable upon exercise of all outstanding Warrants as of such date or (b) 10% or more of the Warrant Shares issued and outstanding as of such date or issuable all outstanding Warrants as of such date.