Common use of Acknowledgement of Dilution Clause in Contracts

Acknowledgement of Dilution. The number of shares of Common Stock issuable pursuant to this Agreement may increase substantially. The Company's executive officers and directors have studied and fully understand the nature of the transactions being contemplated hereunder and recognize that they have a potential dilutive effect.

Acknowledgement of Dilution. The number of shares of Common Stock issuable pursuant to this Agreement may increase substantiallysignificantly. The Company's executive officers and directors have studied and fully understand the nature of the transactions being contemplated hereunder and recognize that they have a potential dilutive effect.

Acknowledgement of Dilution. The number of shares of Common Stock --------------------------- issuable pursuant to this Agreement may increase substantiallysignificantly. The Company's executive officers and directors have studied and fully understand the nature of the transactions being contemplated hereunder and recognize that they have a potential dilutive effect.

Acknowledgement of Dilution. The number of shares of Common Stock issuable pursuant to this Agreement upon conversion of the Preferred Shares and/or upon exercise of the Warrants may increase substantially. The Company's executive officers and directors have studied and fully understand the nature of the transactions being contemplated hereunder and recognize that they have a potential dilutive effect.

Acknowledgement of Dilution. The number of shares of Common Stock issuable pursuant to this Agreement may increase substantiallysubstantially in the event the Company issues securities to third parties in the future under certain circumstances pursuant to Section 7 hereof. The Company's executive officers and directors have studied and fully understand the nature of the transactions being contemplated hereunder and recognize that they have a potential dilutive effect.

Acknowledgement of Dilution. The number of shares of Common ---------------------------- Stock issuable pursuant to this Agreement may increase substantiallysignificantly. The Company's executive officers and directors have studied and fully understand the nature of the transactions being contemplated hereunder and recognize that they have a potential dilutive dilative effect. The Company acknowledges that subject to applicable regulations of the Nasdaq Stock Market, its obligation to issue shares of Common Stock upon conversion of the Shares is binding upon the Company and enforceable regardless of the dilution it may have on ownership interests of other shareholders of the Company.

Acknowledgement of Dilution. The number of shares of Common Stock issuable pursuant to this Agreement the Debentures and Warrants may increase substantially. The Company's executive officers and directors have studied and fully understand the nature of the transactions being contemplated hereunder and recognize that they have a potential dilutive effect.

Acknowledgement of Dilution. The number of shares of Common --------------------------- Stock issuable pursuant to this Agreement may increase substantially. The Company's executive officers and directors have studied and fully understand the nature of the transactions being contemplated hereunder and recognize that they have a potential dilutive effect.

Acknowledgement of Dilution. The number of shares of Common Stock issuable pursuant to this Agreement the Debentures and Warrants may increase substantiallysignificantly. The Company's executive officers and directors have studied and fully understand the nature of the transactions being contemplated hereunder and recognize that they have a potential dilutive effect.

Acknowledgement of Dilution. The number of shares of Common ---------------------------- Stock issuable pursuant to this Agreement may increase substantiallysignificantly. The Company's executive officers and directors have studied and fully understand the nature of the transactions being contemplated hereunder and recognize that they have a potential dilutive effect.