Common use of Issuance of Warrant; Term Clause in Contracts

Issuance of Warrant; Term. For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Holder, subject to the provisions hereinafter set forth, the right to purchase 125,000 shares of the Company's Common Stock, $.0000l par value per share (the "Common Stock"), (this "Warrant"). The shares of Common Stock issuable upon exercise of this Warrant are hereinafter referred to as the "Shares". This Warrant shall be exercisable at any time after the date hereof and on or before 5:00 p.m. on the 2nd day of April, 2002. The number of Shares issuable upon exercise of this Warrant shall be subject to adjustment as hereinafter set forth.

Issuance of Warrant; Term. For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Holder, subject to the provisions hereinafter set forth, the right to purchase 125,000 138,596 shares of the Company's Common Stock, $.0000l par value per share (the "Common Stock"), (this "Warrant"). The shares of Common Stock issuable upon exercise of this Warrant are hereinafter referred to as the "Shares". This Warrant shall be exercisable at any time after the date hereof and on or before 5:00 p.m. on the 2nd day of April, 2002. The number of Shares issuable upon exercise of this Warrant shall be subject to adjustment as hereinafter set forth.