Common use of Authorization and Sale of the Shares Clause in Contracts

Authorization and Sale of the Shares. The Company has authorized the issuance to the Purchaser of and proposes to sell to the Purchaser pursuant hereto an aggregate of 5,000 shares (collectively the "Shares" and individually a "Share") of its common stock, $.01 par value (the "Common Stock"), at a price of $.10 per Share.

Authorization and Sale of the Shares. The Company has authorized the issuance to the Purchaser of and proposes to sell to the Purchaser pursuant hereto an aggregate of 5,000 50,000 shares (collectively the "Shares" and individually a "Share") of its common stock, $.01 par value (the "Common Stock"), at a price of $.10 per Share.

Authorization and Sale of the Shares. The Subject to the terms and conditions of this Agreement, the Company has authorized the issuance and sale of up to the Purchaser of and proposes to sell to the Purchaser pursuant hereto an aggregate of 5,000 1,200,000 shares (collectively the "Shares" and individually a "Share") of its the common stock, $.01 par value $.001 per share (the "Common Stock"), at of the Company to certain investors in a price private placement (the "Offering"). The Company reserves the right to increase or decrease the number of $.10 per ShareShares offered and sold in the Offering prior to the Closing Date (as defined below).

Authorization and Sale of the Shares. The Company has authorized the issuance to the Purchaser of and proposes to sell to the Purchaser pursuant hereto an aggregate of 5,000 shares (collectively collectively, the "Shares" and individually individually, a "Share") of its common stock, $.01 par value (the "Common Stock"), at a price of $.10 per Share.

Authorization and Sale of the Shares. The Company has authorized the issuance to the Purchaser of and proposes to sell to the Purchaser pursuant hereto an aggregate of 5,000 150,000 shares (collectively collectively, the "Shares" and individually individually, a "Share") of its common stock, $.01 par value (the "Common Stock"), at a price of $.10 per Share.

Authorization and Sale of the Shares. The Company has authorized the issuance to the Purchaser of and proposes to sell to the Purchaser, as an employee benefit and as an incentive to the Purchaser pursuant hereto an aggregate of 5,000 10,000 shares (collectively the "Shares" and individually a "Share") of its common stock, $.01 par value (the "Common Stock"), at a price of $.10 2.80 per Share.

Authorization and Sale of the Shares. The Company has authorized the issuance to the Purchaser of and proposes to sell to the Purchaser pursuant hereto an aggregate of 5,000 2,500 shares (collectively the "Shares" and individually a "Share") of its common stock, $.01 par value (the "Common Stock"), at a price of $.10 per Share.

Authorization and Sale of the Shares. The Company has authorized the issuance to the Purchaser of and proposes to sell to the Purchaser pursuant hereto hereto, an aggregate of 5,000 230,000 shares (collectively the "Shares" and individually a "Share") of its common stock, $.01 par value (the "Common Stock"), at a price of $.10 .057 per Share.

Authorization and Sale of the Shares. The Company has authorized the issuance to the Purchaser of and proposes to sell to the Purchaser pursuant hereto an aggregate of 5,000 50,000 shares (collectively the "Shares" and individually a "Share") of its common stock, $.01 par value (the "Common Stock"), at a price of $.10 .057 per Share.

Authorization and Sale of the Shares. The Company has authorized the issuance to the Purchaser of and proposes to sell to the Purchaser pursuant hereto an aggregate of 5,000 7,500 shares (collectively collectively, the "Shares" and individually individually, a "Share") of its common stock, $.01 par value (the "Common Stock"), at a price of $.10 per Share.

Authorization and Sale of the Shares. The Company has authorized the issuance to the Purchaser of and proposes to sell to the Purchaser, as an employee benefit and as an incentive to the Purchaser pursuant hereto an aggregate of 5,000 shares (collectively the "Shares" and individually a "Share") of its common stock, $.01 par value (the "Common Stock"), at a price of $.10 2.80 per Share.

Authorization and Sale of the Shares. The Company has authorized the issuance to the Purchaser of and proposes to sell to the Purchaser pursuant hereto an aggregate of 5,000 75,000 shares (collectively the "Shares" and individually a "Share") of its common stock, $.01 par value (the "Common Stock"), at a price of $.10 .057 per Share.