Common use of Employment Inducement Award Clause in Contracts

Employment Inducement Award. The Company shall grant the Executive under the Equity Plan as of January 1, 2007 a Restricted Stock Award (“Restricted Stock”) equal to 500,000 shares of the Company’s common stock subject to the following terms and conditions:

Employment Inducement Award. The Company shall grant the Executive under the Equity Plan as of January 1, 2007 the Effective Date a Restricted Stock Award (“Restricted Stock”) equal to 500,000 150,000 shares of the Company’s common stock subject to the following terms and conditions: