Common use of Additional Warrant Coverage Clause in Contracts

Additional Warrant Coverage. Borrower shall issue an additional Warrant to Lender in the form of Exhibit C hereto giving Lender the right to purchase an additional 72,000 shares of Common Stock at an exercise price of $.10 per share. As set forth in the Loan Agreement, Borrower and Lender agree that the aggregate value of the Warrant to be issued in accordance with this Agreement together with the Warrants previously issued in connection with the Loan Agreement is less than $1,000.

Additional Warrant Coverage. Borrower shall issue an additional Warrant to Lender in the form of Exhibit C B hereto giving Lender the right to purchase an additional 72,000 shares of Common Stock at an exercise price of $.10 per share. As set forth in the Loan Agreement, Borrower and Lender agree that the aggregate value of the Warrant to be issued in accordance with this Agreement together with the Warrants previously issued in connection with the Loan Agreement is less than $1,000.

Additional Warrant Coverage. Borrower shall issue an additional Warrant to Lender in the form of Exhibit C B hereto giving Lender the right to purchase an additional 72,000 36,000 shares of Common Stock at an exercise price of $.10 per share. As set forth in the Loan Agreement, Borrower and Lender agree that the aggregate value of the Warrant to be issued in accordance with this Agreement together with the Warrants previously issued in connection with the Loan Agreement is less than $1,000.

Additional Warrant Coverage. Borrower shall issue an additional Warrant to Lender in the form of Exhibit C A hereto giving Lender the right to purchase an additional 72,000 1,745,000 shares of Common Stock at an exercise price of $.10 .40 per share. As set forth in the Loan Agreement, Borrower and Lender agree that the aggregate value of the Warrant to be issued in accordance with this Agreement together with the Warrants previously issued in connection with the Loan Agreement is less than $1,000.