Warrant Adjustment Date

Warrant Adjustment Date. Means the earlier of (i) the date that the Company delivers the 2006 Audited Financial Statements to the Warrantholder (which delivery shall be deemed to have occurred upon the Company's filing of an annual report on Form 10-K containing the 2006 Audited Financial Statements with the United States Securities and Exchange Commission), and (ii) March 31, 2007.