Common use of MM Option Clause in Contracts

MM Option. (a) The Company hereby grants to the Managing Member an option (the "MM Option") to purchase, in whole or in part, and from time to time in any amounts, for the period beginning January 8, 2003 and ending January 8, 2008 (the "Option Period"), an aggregate of 4,000,000 Class B Shares at a purchase price throughout the Option Period of $0.01 per Class B Share.

MM Option. (a) The Company hereby grants to the Managing Member an option (the "MM Option") to purchase, in whole or in part, and from time to time in any amounts, for the period beginning January 8, 2003 and ending January 8, 2008 (the "Option Period"), an aggregate of 4,000,000 4,185,000 Class B Shares at a purchase price throughout the Option Period of $0.01 per Class B Share.