Common use of Grant of Nonqualified Option Clause in Contracts

Grant of Nonqualified Option. The Company hereby grants to the ----------------------------- Optionee the right and option to purchase, in accordance with the terms and conditions of the Plan and this Agreement, an aggregate of 600,000 shares of Common Stock at the price of $2.81 per share (the "Price"), exercisable from time to time, prior to the close of business on March 11, 2007 (the "Expiration Date"). The Option is intended not to constitute an incentive stock option within the meaning of Section 422A of the Internal Revenue code of 1986, as amended (the "Code").

Grant of Nonqualified Option. The Company hereby grants to the ----------------------------- Optionee ---------------------------- the right and option to purchase, in accordance with the terms and conditions of the Plan and this Agreement, an aggregate of 600,000 100,000 shares (the "Shares") of Common Stock at the price of $2.81 5.00 per share (the "Price"), exercisable from time to time, prior to the close of business on March 11August 30, 2007 2001 (the "Expiration Date"). The This Option is intended not being granted pursuant to constitute an incentive stock option within the meaning of Section 422A of the Internal Revenue code of 1986Company's 1995 Stock Option Plan, as amended amended, but pursuant to the Company's Special Stock Option Plan (the "CodePlan").

Grant of Nonqualified Option. The Company hereby grants to the ----------------------------- ---------------------------- Optionee the right and option to purchase, in accordance with the terms and conditions of the Plan and this Agreementhereof, an aggregate of 600,000 250,000 shares (the "Shares") of Common Stock at the price of $2.81 per share (the "Price"), exercisable from time to time, prior to the close of business on March 111, 2007 2002 (the "Expiration Date"). The This Option is intended not being granted pursuant to constitute an incentive stock option within the meaning of Section 422A of the Internal Revenue code of 1986Company's 1995 Stock Option Plan, as amended amended, but pursuant to the Company's Special Stock Option Plan (the "CodePlan").

Grant of Nonqualified Option. The Company hereby grants to the ----------------------------- Optionee ---------------------------- the right and option to purchase, in accordance with the terms and conditions of the Plan and this Agreement, an aggregate of 600,000 100,000 shares (the "Shares") of Common Stock at the price of $2.81 5.00 per share (the "Price"), exercisable from time to time, prior to the close of business on March 11August 25, 2007 2001 (the "Expiration Date"). The This Option is intended not being granted pursuant to constitute an incentive stock option within the meaning of Section 422A of the Internal Revenue code of 1986Company's 1995 Stock Option Plan, as amended amended, but pursuant to the Company's Special Stock Option Plan (the "CodePlan").