Common use of No Obligations to Issue or Redeem Shares Clause in Contracts

No Obligations to Issue or Redeem Shares. (a) Except as disclosed in the WE JAC Disclosure Letter, WE JAC is not subject to any commitment or obligation which would require the issuance or sale of shares of its capital stock at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of WE JAC. Except as disclosed in the WE JAC Disclosure Letter, WE JAC has no obligation (contingent or otherwise) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. (b) Precision Tune is not subject to any commitment or obligation which would require the issuance or sale of shares of its capital stock at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of Precision Tune. Precision Tune has no obligation (contingent or otherwise) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. (c) National 60 Minute Tune is not subject to any commitment or obligation which would require the issuance or sale of shares of its capital stock at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of National 60 Minute Tune. National 60 Minute Tune has no obligation (contingent or other) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. (d) PTW is not subject to any commitment or obligation which would require the issuance or sale of shares of its capital stock at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of PTW. PTW has no obligation (contingent or other) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. A-27

No Obligations to Issue or Redeem Shares. (a) Except as disclosed in the WE JAC Disclosure Letter, WE JAC Miracle Industries is not subject to any commitment or obligation which would require the issuance or sale by Miracle Industries of shares of its capital stock at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of WE JACMiracle Industries. Except as disclosed in the WE JAC Disclosure Letter, WE JAC Miracle Industries has no obligation (contingent or otherwise) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. (b) Precision Tune Hydro-Spray is not subject to any commitment or obligation which would require the issuance or sale by Hydro-Spray of shares of its capital stock any equity interest at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of Precision TuneHydro-Spray. Precision Tune Hydro-Spray has no obligation (contingent or otherwise) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. (c) National 60 Minute Tune Indy Ventures is not subject to any commitment or obligation which would require the issuance or sale by Indy Ventures of shares of its capital stock any equity interest at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of National 60 Minute TuneHydro-Spray. National 60 Minute Tune Hydro-Spray has no obligation (contingent or otherotherwise) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. (d) PTW is not subject to any commitment or obligation which would require the issuance or sale of shares of its capital stock at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of PTW. PTW has no obligation (contingent or other) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. A-27

No Obligations to Issue or Redeem Shares. A-44 (a) Except as disclosed in the WE JAC Disclosure Letter, WE JAC Miracle Industries is not subject to any commitment or obligation which would require the issuance or sale by Miracle Industries of shares of its capital stock at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of WE JACMiracle Industries. Except as disclosed in the WE JAC Disclosure Letter, WE JAC Miracle Industries has no obligation (contingent or otherwise) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. (b) Precision Tune Hydro-Spray is not subject to any commitment or obligation which would require the issuance or sale by Hydro-Spray of shares of its capital stock any equity interest at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of Precision TuneHydro-Spray. Precision Tune Hydro-Spray has no obligation (contingent or otherwise) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. (c) National 60 Minute Tune Indy Ventures is not subject to any commitment or obligation which would require the issuance or sale by Indy Ventures of shares of its capital stock any equity interest at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of National 60 Minute TuneHydro-Spray. National 60 Minute Tune Hydro-Spray has no obligation (contingent or otherotherwise) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. (d) PTW is not subject to any commitment or obligation which would require the issuance or sale of shares of its capital stock at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of PTW. PTW has no obligation (contingent or other) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. A-27

No Obligations to Issue or Redeem Shares. (a) Except as disclosed in the WE JAC Disclosure Letter, WE JAC is not subject to any commitment or obligation which would require the issuance or sale of shares of its capital stock at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of WE JAC. Except as disclosed in the WE JAC Disclosure Letter, WE JAC has no obligation (contingent or otherwise) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. (b) Precision Tune is not subject to any commitment or obligation which would require the issuance or sale of shares of its capital stock at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of Precision Tune. Precision Tune has no obligation (contingent or otherwise) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. (c) National 60 Minute Tune is not subject to any commitment or obligation which would require the issuance or sale of shares of its capital stock at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of National 60 Minute Tune. National 60 Minute Tune has no obligation (contingent or other) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. (d) PTW is not subject to any commitment or obligation which would require the issuance or sale of shares of its capital stock at any time under options, subscriptions, warrants, rights, calls, preemptive rights, convertible obligations or any other fixed or contingent obligations or which would provide the holder thereof with the right to acquire any equity securities of PTW. PTW has no obligation (contingent or other) to purchase, redeem or otherwise acquire any of its equity securities or any interest therein or to pay any dividend or make any other distribution in respect thereof. A-27.