Common use of Demand Registration Under the Securities Act of 1933 Clause in Contracts

Demand Registration Under the Securities Act of 1933. At any time commencing after , 2005 [one (1) year from the Effective Date] through and including , 2009 (five (5) years from the Effective Date), the Holders of the Representative's Unit Purchase Option, Unit Warrants and Unit Shares, representing a "Majority" of the shares of Common Stock issuable upon the exercise of the Representative Units (assuming the exercise of all of the Representative's Unit Purchase Option) shall have the right (which right is in addition to the registration rights under Section 7.2 hereof), exercisable by written notice to the Company, to have the Company prepare and file with the Commission, on one occasion, a registration statement and such other documents, including a prospectus, as may be necessary in the opinion of both counsel for the Company and counsel for the Representative and Holders, in order to comply with the provisions of the Act, so as to permit a public offering and sale of their respective Unit Warrants and Unit Shares during a period equal to the longer of: (i) nine (9) months or (ii) the unexpired term of the Unit Warrants by such Holders and any other Holders of the Representative's Unit Purchase Option, Representative Units and the Units who shall notify the Company within ten (10) days after receiving notice from the Company of such request.

Demand Registration Under the Securities Act of 1933. At any time commencing after , 2005 2007 [one (1) year from the Effective Date] through and including , 2009 (2011 [five (5) years from the Effective Date)], the Holders of the Representative's ’s Unit Purchase OptionOptions, Unit Warrants and Unit Shares, representing a "“Majority" ” of the shares of Common Stock issuable upon the exercise of the Representative Units (assuming the exercise of all of the Representative's ’s Unit Purchase OptionOptions and all of the Unit Warrants included therein) shall have the right (which right is in addition to the registration rights under Section 7.2 hereof), exercisable by written notice to the Company, to have the Company prepare and file with the Commission, on one occasion, a registration statement and such other documents, including a prospectus, as may be necessary in the opinion of both counsel for the Company and counsel for the Representative and Holders, in order to comply with the provisions of the Act, so as to permit a public offering and sale of their respective Unit Warrants and Unit Shares during a period equal to the longer of: (i) nine (9) months or (ii) the unexpired term of the Unit Warrants by such Holders and any other Holders of the Representative's ’s Unit Purchase OptionOptions, Representative Units Units, Unit Shares and the Units Unit Warrants who shall notify the Company within ten (10) days after receiving notice from the Company of such request.

Demand Registration Under the Securities Act of 1933. At any time commencing after ______________, 2005 2003 [one (1) year from the Effective Date] through and including _____________, 2009 2007 (five (5) years from the Effective Date), the Holders of the RepresentativeUnderwriter's Unit Purchase OptionOption Warrant, Unit Warrants and Unit Shares, representing a "Majority" of the shares of Common Stock issuable upon the exercise of the Representative Underwriter's UW Units (assuming the exercise of all of the RepresentativeUnderwriter's Unit Purchase OptionOption Warrant) shall have the right (which right is in addition to the registration rights under Section 7.2 hereof), exercisable by written notice to the Company, to have the Company prepare and file with the Commission, on one occasion, a registration statement and such other documents, including a prospectus, as may be necessary in the opinion of both counsel for the Company and counsel for the Representative Underwriter and Holders, in order to comply with the provisions of the Act, so as to permit a public offering and sale of their respective Unit Warrants and Unit Shares during a period equal to the longer of: (i) nine (9) months or (ii) the unexpired term of the Unit Warrants by such Holders and any other Holders of the RepresentativeUnderwriter's Unit Purchase OptionOption Warrant, Representative UW Units and the Units who shall notify the Company within ten (10) days after receiving notice from the Company of such request.

Demand Registration Under the Securities Act of 1933. At any time commencing after , 2005 2003 [one (1) year from the Effective Date] through and including , 2009 2007 (five (5) years from the Effective Date), the Holders of the RepresentativeUnderwriter's Unit Purchase OptionOption Warrant, Unit Warrants and Unit Shares, representing a "Majority" of the shares of Common Stock issuable upon the exercise of the Representative Underwriter's UW Units (assuming the exercise of all of the RepresentativeUnderwriter's Unit Purchase OptionOption Warrant) shall have the right (which right is in addition to the registration rights under Section 7.2 hereof), exercisable by written notice to the Company, to have the Company prepare and file with the Commission, on one occasion, a registration statement and such other documents, including a prospectus, as may be necessary in the opinion of both counsel for the Company and counsel for the Representative Underwriter and Holders, in order to comply with the provisions of the Act, so as to permit a public offering and sale of their respective Unit Warrants and Unit Shares during a period equal to the longer of: (i) nine (9) months or (ii) the unexpired term of the Unit Warrants by such Holders and any other Holders of the RepresentativeUnderwriter's Unit Purchase OptionOption Warrant, Representative UW Units and the Units who shall notify the Company within ten (10) days after receiving notice from the Company of such request.

Demand Registration Under the Securities Act of 1933. At any time commencing after , 2005 2003 [one (1) year from the Effective Date] through and including , 2009 2007 (five (5) years from the Effective Date), the Holders of the Representative's Underwriter’s Unit Purchase OptionOption Warrant, Unit Warrants and Unit Shares, representing a "“Majority" ” of the shares of Common Stock issuable upon the exercise of the Representative Underwriter’s UW Units (assuming the exercise of all of the Representative's Underwriter’s Unit Purchase OptionOption Warrant) shall have the right (which right is in addition to the registration rights under Section 7.2 hereof), exercisable by written notice to the Company, to have the Company prepare and file with the Commission, on one occasion, a registration statement and such other documents, including a prospectus, as may be necessary in the opinion of both counsel for the Company and counsel for the Representative Underwriter and Holders, in order to comply with the provisions of the Act, so as to permit a public offering and sale of their respective Unit Warrants and Unit Shares during a period equal to the longer of: (i) nine (9) months or (ii) the unexpired term of the Unit Warrants by such Holders and any other Holders of the Representative's Underwriter’s Unit Purchase OptionOption Warrant, Representative UW Units and the Units who shall notify the Company within ten (10) days after receiving notice from the Company of such request.

Demand Registration Under the Securities Act of 1933. At any time commencing after January 29, 2005 [one (1) year from the Effective Date] through and including January 29, 2009 (five (5) years from the Effective Date)2009, the Underwriter and all other Holders of the RepresentativeUnderwriter's Unit Purchase OptionWarrants, Unit Underwriter's Shares, Underwriter's Warrants and Unit Sharesor the Common Shares underlying the Underwriter's Warrants, representing a "Majority" majority of the shares of Common Stock Shares issuable upon the exercise of the Representative Units (assuming the exercise of all of the RepresentativeUnderwriter's Unit Purchase OptionWarrants) shall have the right (which right is in addition to the registration rights under Section 7.2 hereof), exercisable by written notice to the Company, to have the Company prepare and file with the Securities and Exchange Commission (the "Commission"), on one occasion, a registration statement and such other documents, including a prospectus, as may be necessary in the opinion of both counsel for the Company and counsel for the Representative Underwriter and the Holders, in order to comply with the provisions of the Act, so as to permit a public offering and sale of their respective Unit Underwriter's Shares or Underwriter's Warrants and Unit Shares during a period equal to the longer of: (i) nine (9) months or (ii) the unexpired term of the Unit Underwriter's Warrants by such Holders and any other Holders of the RepresentativeUnderwriter's Unit Purchase Option, Representative Units and the Units Warrant who shall notify the Company within ten (10) days after receiving notice from the Company of such request.

Demand Registration Under the Securities Act of 1933. At any time commencing after _________, 2005 2004 [one (1) year from the Effective Date] through and including ___________, 2009 (2008 [five (5) years from the Effective Date)], the Holders of the Representative's Unit Purchase OptionWarrant, Unit Warrants Representative's Shares and Unit Representative's Shares, representing a "Majority" of the shares of Common Stock issuable upon the exercise of the Representative Units (assuming the exercise of all of the Representative's Unit Purchase OptionWarrant) shall have the right (which right is in addition to the registration rights under Section 7.2 hereof), exercisable by written notice to the Company, to have the Company prepare and file with the Commission, on one occasion, a registration statement and such other documents, including a prospectus, as may be necessary in the opinion of both counsel for the Company and counsel for the Representative and Holders, in order to comply with the provisions of the Act, so as to permit a public offering and sale of their respective Unit Representative's Shares and Representative's Warrants and Unit Shares during a period equal to the longer of: (i) nine (9) months or (ii) the unexpired term of the Unit Representative's Warrants by such Holders and any other Holders of the Representative's Unit Purchase Option, Representative Units and the Units Warrant who shall notify the Company within ten (10) days after receiving notice from the Company of such request.

Demand Registration Under the Securities Act of 1933. At any time commencing after ____________, 2005 2007 [one (1) year from the Effective Date] through and including ____________, 2009 (2011 [five (5) years from the Effective Date)], the Holders of the Representative's Unit Purchase Option, Unit Warrants and Unit Shares, representing a "Majority" of the shares of Common Stock issuable upon the exercise of the Representative Units (assuming the exercise of all at least 51% of the Representative's ’s Unit Purchase Option) Options and/or the underlying Representative Units and/or the underlying securities (a “Majority of Holders”), shall have the right (which right is in addition to the registration rights under Section 7.2 hereof), exercisable by written notice to the Company, to have the Company prepare and file with the Commission, on one occasion, a registration statement and such other documents, including a prospectus, as may be necessary in the opinion of both counsel for the Company and counsel for the Representative and Holders, in order to comply with the provisions of the Act, so as to permit a public offering and sale of their respective Unit Warrants Representative Units, Representative Warrants, Representative Shares and Unit Warrant Shares during a period equal to the longer of: (i) nine (9) months or (ii) the unexpired term of the Unit Representative Warrants by such Holders and any other Holders of the Representative's ’s Unit Purchase OptionOptions, Representative Units Units, Representative Shares, Representative Warrants and the Units Warrant Shares who shall notify the Company within ten (10) days after receiving notice from the Company of such request.