Common use of Number of Shares; Exercise Price; Term Clause in Contracts

Number of Shares; Exercise Price; Term. a. The Holder shall be entitled to subscribe for and purchase 150,000 shares (the "SHARES") of the fully paid and non-assessable Common Stock, par value $.001 per share ("COMMON STOCK"), of the Company at an exercise price of $0.25 per share (the "EXERCISE PRICE"). The number of Shares issuable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment as hereinafter set forth. b. The Holder may exercise this Warrant at any time from the earlier of (i) June 30, 2008 and (ii) the effectiveness of the registration statement relating to the Company's initial public offering registered on Form S-1 (or substitute or successor form) and at any time thereafter from time to time until the close of business on June 30, 2009 (the "EXPIRATION DATE"). This Warrant shall expire and cease to be exercisable after the Expiration Date.

Number of Shares; Exercise Price; Term. a. The Holder shall be entitled to subscribe for and purchase 150,000 1,106,109 shares (the "SHARES") of the fully paid and non-assessable nonassessable Common Stock, par value $.001 per share ("COMMON STOCK"), of the Company at an exercise price of $0.25 3.60 per share (the "EXERCISE PRICE"). The number of Shares issuable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment as hereinafter set forth. b. The Holder may exercise this Warrant at any time from the earlier of (i) June 30January 1, 2008 2000 and (ii) the effectiveness of the registration statement relating to the Company's initial public offering registered on Form S-1 (or substitute or successor form) and at any time thereafter from time to time until the close of business on June 30December 31, 2009 2001 (the "EXPIRATION DATE"). This Warrant shall expire and cease to be exercisable after the Expiration Date.

Number of Shares; Exercise Price; Term. a. The Holder shall be entitled to subscribe for and purchase 150,000 100,000 shares (the "SHARES") of the fully paid and non-assessable Common Stock, par value $.001 per share ("COMMON STOCK"), of the Company at an exercise price of $0.25 0.50 per share (the "EXERCISE PRICE"). The number of Shares issuable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment as hereinafter set forth. b. The Holder may exercise this Warrant at any time from the earlier of (i) June April 30, 2008 and (ii) the effectiveness of the registration statement relating to the Company's initial public offering registered on Form S-1 (or substitute or successor form) and at any time thereafter from time to time until the close of business on June April 30, 2009 (the "EXPIRATION DATE"). This Warrant shall expire and cease to be exercisable after the Expiration Date.