Common use of Offer to Subscribe; Purchase Price Clause in Contracts

Offer to Subscribe; Purchase Price. The Subscriber purchased the securities at a price of U S. Twenty Five Cents (U.S. $0.25) per unit on March ___, 2000 outside the United States of America (the "Closing"). Payment was made to the Company's designated account at the time of the Closing. Thc Company shall deliver a certificate representing the Shares and Warrants to thc Subscriber within a reasonable time hereafter. The obligations of each party were subject to the condition that all the representations and warranties of the other party contained herein were true at the time of Closing and all covenants of the other party that were to be performed by the other party on or before the Closing had been performed.

Offer to Subscribe; Purchase Price. The Subscriber purchased the securities at a price of U S. Twenty U.S. Twenty-Five Cents (U.S. $0.25U.S.$0.25) per unit on March ___, 2000 outside the United States of America (the "Closing"). Payment was made to the Company's designated account at the time of the Closing. Thc The Company shall deliver a certificate representing the Shares and Warrants to thc the Subscriber within a reasonable time hereafter. The obligations of each party were subject to the condition that all the representations and warranties of the other party contained herein were true at the time of Closing and all covenants of the other party that were to be performed by the other party on or before the Closing had been performed.

Offer to Subscribe; Purchase Price. The Subscriber purchased the securities Shares at a price of U S. Twenty Five Cents U.S. twenty cents (U.S. $0.25) U.S.$0.__ per unit Share on March _______________, 2000 20__ outside the United States of America (the "Closing"). Payment was made to the Company's designated account at the time of the Closing. Thc The Company shall deliver a certificate representing the Shares and Warrants to thc the Subscriber within a reasonable time hereafter. The obligations of each party were subject to the condition that all the representations and warranties of the other party contained herein were true at the time of Closing and all covenants of the other party that were to be performed by the other party on or before the Closing had been performed. 2.