Common use of Issue Clause in Contracts

Issue. Option Holder will have the right to purchase up to two hundred fifty thousand (250,000) Commerce common shares, ten cents ($0.10) par value, hereinafter referred to as "option shares," at a price (option price) of twenty-five cents ($.25) per share, payable in cash. Upon tender of the sum of U.S. sixty-two thousand five hundred dollars (U.S. $62,500.00), Commerce agrees to issue to Option Holder, a total of two hundred fifty thousand (250,000) Commerce validly issued nonassessable and fully paid common shares, ten cents ($0.10) par value. Cancellation of debt owed to Option Holder will be acceptable in lieu of cash.

Issue. Option Holder will have the right to purchase up to two hundred fifty ten thousand (250,00010,000) Commerce common shares, ten cents ($0.10) par value, hereinafter referred to as "option shares," at a price (option price) of twentyseventy-five cents ($.25.75) per share, payable in cash. Upon tender of the sum of U.S. sixty-two seven thousand five hundred dollars (U.S. $62,500.007,500.00), Commerce agrees to issue to Option Holder, a total of two hundred fifty ten thousand (250,00010,000) Commerce validly issued nonassessable and fully paid common shares, ten cents ($0.10) par value. Cancellation of debt owed to Option Holder will be acceptable in lieu of cash.

Issue. Option Holder will have the right to purchase up to two hundred fifty twenty thousand (250,00020,000) Commerce common shares, ten cents ($0.10) par value, hereinafter referred to as "option shares," at a price (option price) of twenty-five cents ($.250.25) per share, payable in cash. Upon tender of the sum of U.S. sixty-two five thousand five hundred dollars (U.S. $62,500.005,000.00), Commerce agrees to issue to Option Holder, a total of two hundred fifty twenty thousand (250,00020,000) Commerce validly issued nonassessable and fully paid common shares, ten cents ($0.10) par value. Cancellation of debt owed to Option Holder will be acceptable in lieu of cash.

Issue. Option Holder will have the right to purchase up to two hundred fifty thousand Forty Thousand (250,00040,000) Commerce common shares, ten cents ($0.10) par value, hereinafter referred to as "option shares," at a price (option price) of twenty-five cents ($.250.25) per share, payable in cash. Upon tender of the sum of U.S. sixty-two thousand five hundred dollars Ten Thousand Dollars (U.S. $62,500.0010,000), Commerce agrees to issue to Option Holder, a total of two hundred fifty thousand Forty Thousand (250,00040,000) Commerce validly issued nonassessable and fully paid common shares, ten cents ($0.10) par value. Cancellation of debt owed to Option Holder will be acceptable in lieu of cash.

Issue. Option Holder will have the right to purchase up to two hundred fifty thousand Eighty Thousand (250,00080,000) Commerce common shares, ten cents ($0.10) par value, hereinafter referred to as "option shares," at a price (option price) of twenty-five fifteen cents ($.250.15) per share, payable in cash. Upon tender of the sum of U.S. sixty-two thousand five hundred dollars Twelve Thousand Dollars (U.S. $62,500.0012,000), Commerce agrees to issue to Option Holder, a total of two hundred fifty thousand Eighty Thousand (250,00080,000) Commerce validly issued nonassessable and fully paid common shares, ten cents ($0.10) par value. Cancellation of debt owed to Option Holder will be acceptable in lieu of cash.

Issue. Option Holder will have the right to purchase up to two one hundred fifty thousand (250,000100,000) Commerce common shares, ten cents ($0.10) par value, hereinafter referred to as "option shares," at a price (option price) of twenty-five cents ($.250.25) per share, payable in cash. Upon tender of the sum of U.S. sixtytwenty-two five thousand five hundred dollars (U.S. $62,500.0025,000.00), Commerce agrees to issue to Option Holder, a total of two one hundred fifty thousand (250,000100,000) Commerce validly issued nonassessable and fully paid common shares, ten cents ($0.10) par value. Cancellation of debt owed to Option Holder will be acceptable in lieu of cash.

Issue. Option Holder will have the right to purchase up to two hundred fifty seventy thousand (250,00070,000) Commerce common shares, ten cents ($0.10) par value, hereinafter referred to as "option shares," at a price (option price) of twenty-five cents ($.250.25) per share, payable in cash. Upon tender of the sum of U.S. sixty-two seventeen thousand five hundred dollars (U.S. $62,500.0017,500.00), Commerce agrees to issue to Option Holder, a total of two hundred fifty seventy thousand (250,00070,000) Commerce validly issued nonassessable and fully paid common shares, ten cents ($0.10) par value. Cancellation of debt owed to Option Holder will be acceptable in lieu of cash.

Issue. Option Holder will have the right to purchase up to two hundred fifty eighty thousand (250,00080,000) Commerce common shares, ten cents ($0.10) par value, hereinafter referred to as "option shares," at a price (option price) of twenty-five cents ($.250.25) per share, payable in cash. Upon tender of the sum of U.S. sixty-two twenty thousand five hundred dollars (U.S. $62,500.0020,000.00), Commerce agrees to issue to Option Holder, a total of two hundred fifty eighty thousand (250,00080,000) Commerce validly issued nonassessable and fully paid common shares, ten cents ($0.10) par value. Cancellation of debt owed to Option Holder will be acceptable in lieu of cash.

Issue. Option Holder will have the right to purchase up to two hundred fifty forty thousand (250,00040,000) Commerce common shares, ten cents ($0.10) par value, hereinafter referred to as "option shares," at a price (option price) of twenty-five two cents ($.250.22) per share, payable in cash. Upon tender of the sum of U.S. sixty-two eight thousand five eight hundred dollars (U.S. $62,500.008,800.00), Commerce agrees to issue to Option Holder, a total of two hundred fifty forty thousand (250,00040,000) Commerce validly issued nonassessable and fully paid common shares, ten cents ($0.10) par value. Cancellation of debt owed to Option Holder will be acceptable in lieu of cash.

Issue. Option Holder will have the right to purchase up to two hundred fifty thirty thousand (250,00030,000) Commerce common shares, ten cents ($0.10) par value, hereinafter referred to as "option shares," at a price (option price) of twentyseventy-five cents ($.25.75) per share, payable in cash. Upon tender of the sum of U.S. sixtytwenty-two thousand five hundred dollars (U.S. $62,500.0022,500.00), Commerce agrees to issue to Option Holder, a total of two hundred fifty thirty thousand (250,00030,000) Commerce validly issued nonassessable and fully paid common shares, ten cents ($0.10) par value. Cancellation of debt owed to Option Holder will be acceptable in lieu of cash.

Issue. Option Holder will have the right to purchase up to two hundred fifty sixty-five thousand (250,00065,000) Commerce common shares, ten cents ($0.10) par value, hereinafter referred to as "option shares," at a price (option price) of twenty-five two cents ($.250.22) per share, payable in cash. Upon tender of the sum of U.S. sixty-two fourteen thousand five three hundred dollars (U.S. $62,500.0014,300.00), Commerce agrees to issue to Option Holder, a total of two hundred fifty sixty-five thousand (250,00065,000) Commerce validly issued nonassessable and fully paid common shares, ten cents ($0.10) par value. Cancellation of debt owed to Option Holder will be acceptable in lieu of cash.

Issue. Option Holder will have the right to purchase up to two one hundred fifty thousand (250,000100,000) Commerce common shares, ten cents ($0.10) par value, hereinafter referred to as "option shares," at a price (option price) of twenty-five ten cents ($.250.10) per share, payable in cash. Upon tender of the sum of U.S. sixty-two ten thousand five hundred dollars (U.S. $62,500.0010,000.00), Commerce agrees to issue to Option Holder, a total of two one hundred fifty thousand (250,000100,000) Commerce validly issued nonassessable and fully paid common shares, ten cents ($0.10) par value. Cancellation of debt owed to Option Holder will be acceptable in lieu of cash.

Issue. Option Holder will have the right to purchase up to two hundred fifty thousand (250,00050,000) Commerce common shares, ten cents ($0.10) par value, hereinafter referred to as "option shares," at a price (option price) of twenty-five fifteen cents ($.250.15) per share, payable in cash. Upon tender of the sum of U.S. sixty-two seven thousand five hundred dollars (U.S. $62,500.007,500.00), Commerce agrees to issue to Option Holder, a total of two hundred fifty thousand (250,00050,000) Commerce validly issued nonassessable and fully paid common shares, ten cents ($0.10) par value. Cancellation of debt owed to Option Holder will be acceptable in lieu of cash.

Issue. Option Holder will have the right to purchase up to two hundred fifty twenty thousand (250,00020,000) Commerce common shares, ten cents ($0.10) par value, hereinafter referred to as "option shares," at a price (option price) of twentyseventy-five cents ($.25.75) per share, payable in cash. Upon tender of the sum of U.S. sixty-two fifteen thousand five hundred dollars (U.S. $62,500.0015,000.00), Commerce agrees to issue to Option Holder, a total of two hundred fifty thirty thousand (250,00020,000) Commerce validly issued nonassessable and fully paid common shares, ten cents ($0.10) par value. Cancellation of debt owed to Option Holder will be acceptable in lieu of cash.

Issue. Option Holder will have the right to purchase up to two hundred fifty thousand Sixty-Five Thousand (250,00065,000) Commerce common shares, ten cents ($0.10) par value, hereinafter referred to as "option shares," at a price (option price) of twenty-five two cents ($.250.22) per share, payable in cash. Upon tender of the sum of U.S. sixty-two thousand five hundred dollars Fourteen Thousand Three Hundred Dollars (U.S. $62,500.0014,300.00), Commerce agrees to issue to Option Holder, a total of two hundred fifty thousand Sixty-Five Thousand (250,00065,000) Commerce validly issued nonassessable and fully paid common shares, ten cents ($0.10) par value. Cancellation of debt owed to Option Holder will be acceptable in lieu of cash.