Common use of Issue of Securities Clause in Contracts

Issue of Securities. (a) The Company has authorized the issuance and sale of a minimum of $4,000,000 and a maximum of $12,000,000 of Securities pursuant to the provisions of this Agreement. (b) Subject to the terms and conditions set forth herein, the Company hereby agrees to issue and sell to each Purchaser the aggregate amount of Shares and Warrants set forth below the Purchaser's signature on the subscription page bearing such Purchaser's name. The Shares shall be sold at the Offering Price. (c) Subject to the terms and conditions set forth herein, each Purchaser hereby agrees to purchase the amount of Shares and Warrants as determined on the subscription page bearing such Purchaser's name (each a "Subscription"). Each Purchaser shall severally, and not jointly, be liable only for the purchase of the amount of Shares and Warrants that appears on the subscription page hereof that relates to such Purchaser. (d) The Company's agreement with each Purchaser is a separate agreement and the sale of the Securities to each Purchaser is a separate sale.

Issue of Securities. (a) The Company has authorized the issuance and sale of a minimum of $4,000,000 5,000,000 and a maximum of $12,000,000 15,000,000 of Securities pursuant to the provisions of this Agreement. (b) Subject to the terms and conditions set forth herein, the Company hereby agrees to issue and sell to each Purchaser the aggregate amount of Shares and Warrants set forth below on the Purchaser's signature on the subscription page bearing such Purchaser's name. The Shares shall be sold at the Offering Price. (c) Subject to the terms and conditions set forth herein, each Purchaser hereby agrees to purchase the amount of Shares and Warrants as determined on the subscription page bearing such Purchaser's name (each a "Subscription"). Each Purchaser shall severally, and not jointly, be liable only for the purchase of the amount of Shares and Warrants that appears on the subscription page hereof that relates to such Purchaser. (d) The Company's agreement with each Purchaser is a separate agreement and the sale of the Securities to each Purchaser is a separate sale.

Issue of Securities. (a) The Company has authorized the issuance and sale of a minimum of $4,000,000 and a maximum of $12,000,000 7,500,000 of Securities pursuant to the provisions of this Agreement. (b) Subject to the terms and conditions set forth herein, the Company hereby agrees to issue and sell to each Purchaser the aggregate amount of Shares and Warrants set forth below the Purchaser's signature on the subscription page bearing such Purchaser's name. The Shares shall be sold at the Offering Price. (c) Subject to the terms and conditions set forth herein, each Purchaser hereby agrees to purchase the amount of Shares and Warrants as determined on the subscription page bearing such Purchaser's name (each a "Subscription"). Each Purchaser shall severally, and not jointly, be liable only for the purchase of the amount of Shares and Warrants that appears on the subscription page hereof that relates to such Purchaser. (d) The Company's agreement with each Purchaser is a separate agreement and the sale of the Securities to each Purchaser is a separate sale.

Issue of Securities. (a) The Company has authorized the issuance and sale of a minimum of $4,000,000 5,000,000 and a maximum of $12,000,000 20,000,000 of Securities pursuant to the provisions of this Agreement. (b) Subject to the terms and conditions set forth herein, the Company hereby agrees to issue and sell to each Purchaser the aggregate amount of Shares and Warrants set forth below the Purchaser's signature on the subscription page bearing such Purchaser's name. The Shares shall be sold at the Offering Price. (c) Subject to the terms and conditions set forth herein, each Purchaser hereby agrees to purchase the amount of Shares and Warrants as determined on the subscription page bearing such Purchaser's name (each a "Subscription"). Each Purchaser shall severally, and not jointly, be liable only for the purchase of the amount of Shares and Warrants that appears on the subscription page hereof that relates to such Purchaser. (d) The Company's agreement with each Purchaser is a separate agreement and the sale of the Securities to each Purchaser is a separate sale.