Common use of Private Units Purchase Agreement Clause in Contracts

Private Units Purchase Agreement. Certain of the Company’s officers and directors and their respective designees, and the Representative, have executed and delivered an agreement, annexed as an exhibit to the Registration Statement (the “Private Units Purchase Agreement”), pursuant to which such persons, among other things, have purchased an aggregate of 294,500 Placement Units in the Private Placement (of which the Representative purchased 20,000 of such Placement Units). Pursuant to the Private Units Purchase Agreement all of the proceeds from the sale of the Placement Units will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement prior to the Closing.

Private Units Purchase Agreement. Certain of the Company’s officers and directors and their respective designees, and the Representative, have executed and delivered an agreement, annexed as an exhibit to the Registration Statement (the “Private Units Purchase Agreement”), pursuant to which such persons, among other things, have purchased an aggregate of 294,500 320,000 Placement Units in the Private Placement (of which the Representative purchased 20,000 of such Placement Units). Pursuant to the Private Units Purchase Agreement all of the proceeds from the sale of the Placement Units will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement prior to the Closing.

Private Units Purchase Agreement. Certain of the Company’s officers and directors and their respective designees, and the Representative, have executed and delivered an agreement, annexed as an exhibit to the Registration Statement (the “Private Units Purchase Agreement”), pursuant to which such persons, among other things, have purchased an aggregate of 294,500 295,000 Placement Units in the Private Placement (of which the Representative purchased 20,000 of such Placement Units). Pursuant to the Private Units Purchase Agreement all of the proceeds from the sale of the Placement Units will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement prior to the Closing.

Private Units Purchase Agreement. Certain of the Company’s officers and directors and their respective designees, and the Representative, have executed and delivered an agreement, annexed as an exhibit to the Registration Statement (the “Private Units Purchase Agreement”), pursuant to which such persons, among other things, have purchased an aggregate of 294,500 320,000 Placement Units in the Private Placement (of which the Representative purchased 20,000 of such Placement Units). Pursuant to the Private Units Purchase Agreement all of the proceeds from the sale of the Placement Units will be deposited by the Company in the Trust Account in accordance with the terms of the Trust Agreement prior to the Closing.Closing.1