Common use of Public Offering of Securities Clause in Contracts

Public Offering of Securities. The sale of the Securities to the public is to be made, as herein provided, as soon after the registration statement relating to the Securities becomes effective as in your judgment is advisable. The purchase price to be paid by the Underwriters for the Securities and the initial public offering price are to be determined by agreement between you and the Company. The Securities shall be first offered to the public at the initial public offering prices as so determined (the "Initial Public Offering Price"). You will advise us by telegraph or telephone when the Securities shall be released for offering, when the registration statement relating to the Securities shall become effective and the price at which the Securities is initially to be offered. We agree not to sell any of the Securities until you have released it for that purpose. We authorize you, after the initial public offering, to change the public offering price, the concession and the reallowance if, in your sole discretion, such action becomes desirable by reason of changes in general market conditions or otherwise. As used herein, the terms "Registration Statement," "Preliminary Prospectus" and "Prospectus" shall have the meanings ascribed thereto in the Underwriting Agreement. The public offering price sat the time in effect is herein called the "Offering Price." After notice from you that the Securities is released for public sale, we will offer to the public in conformity with the provisions hereof and with the terms of offering set forth in the Prospectus such shares of your Securities as you advise us are not reserved.

Public Offering of Securities. The sale of the Securities to the public is to be made, as herein provided, as soon after the registration statement Registration Statement relating to the Securities becomes effective as in your judgment is advisable. The purchase price to be paid by the Underwriters for the Securities and the initial public offering price are to be have been determined by agreement between you and the Company. The Securities shall be first offered to the public at the initial public offering prices price as so determined (the "Initial Public Offering Price")) and shall be offered and sold only on the basis of one share and one warrant (I.E., Underwriters will not be permitted to sell the common stock and warrants separately. You will advise us by telegraph facsimile or telephone when the Securities shall be released for offering, offering and when the registration statement Registration Statement relating to the Securities shall become effective and the price at which the Securities is initially to be offeredeffective. We agree not to sell any of the Securities until you have released it them for that purpose. We authorize you, after the initial public offering, to change the public offering price, the concession concession, and the reallowance re-allowance if, in your sole discretion, such action becomes desirable by reason of changes in general market conditions or otherwise. As used herein, the terms "Registration Statement," "Preliminary Prospectus," and "Prospectus" shall have the meanings ascribed thereto in the Underwriting Agreement. The public offering price sat at the time in effect is herein called the "Offering Price." After notice from you that the Securities is are released for public sale, we will offer to the public in conformity with the provisions hereof and with the terms of offering set forth in the Prospectus such shares of your our Securities as you advise us are not reserved. We agree not to offer or sell any of the Securities to persons over whose accounts we exercise investment discretion without their specific advance consent.

Public Offering of Securities. The sale of the ----------------------------- Securities to the public is to be made, as herein provided, as soon after the registration statement Registration Statement relating to the Securities becomes effective as in your judgment is you deem advisable. The purchase price to be paid by the Underwriters for the Securities and the initial public offering price are to be determined by agreement between you and the Company. The Securities shall be first offered to the public at the initial public offering prices price as so determined (the "Initial Public Offering Price"). You will advise us by fax, graphic scanning, telegraph or telephone when the Securities shall be released for offering, when the registration statement Registration Statement relating to the Securities shall become effective and the price at which the Securities is are initially to be offered. We agree not to sell any of the Securities until you have released it them for that purpose. We authorize you, after the initial public offering, to change the public offering price, the concession and the reallowance if, in your sole discretion, such action becomes desirable by reason of changes in general market conditions or otherwise. As used herein, the terms "Registration Statement," ", "Preliminary Prospectus" and "Prospectus" shall have the meanings ascribed thereto in the Underwriting Agreement. The public offering price sat at the time in effect is herein called the "Offering Price." ". After notice from you that the Securities is are released for public sale, we will offer to the public in conformity with the provisions hereof and with the terms of offering set forth in the Prospectus such shares of your Securities as you advise us are not reserved. Unless otherwise permitted, we will not sell any of the Securities to any account over which we have discretionary authority.

Public Offering of Securities. The sale of the Securities to the public is to be made, as herein provided, as soon after the registration statement Registration Statement relating to the Securities becomes effective as in your judgment is you deem advisable. The purchase price to be paid by the Underwriters for the Securities and the initial public offering price are to be determined by agreement between you and the Company. The Securities shall be first offered to the public at the initial public offering prices price as so determined (the "Initial Public Offering Price"). You will advise us by fax, graphic scanning, telegraph or telephone when the Securities shall be released for offering, when the registration statement Registration Statement relating to the Securities shall become effective and the price at which the Securities is are initially to be offered. We agree not to sell any of the Securities until you have released it them for that purpose. We authorize you, after the initial public offering, to change the public offering price, the concession and the reallowance if, in your sole discretion, such action becomes desirable by reason of changes in general market conditions or otherwise. As used herein, the terms "Registration Statement," ", "Preliminary Prospectus" and "Prospectus" shall have the meanings ascribed thereto in the Underwriting Agreement. The public offering price sat at the time in effect is herein called the "Offering Price." ". After notice from you that the Securities is are released for public sale, we will offer to the public in conformity with the provisions hereof and with the terms of offering set forth in the Prospectus such shares of your Securities as you advise us are not reserved. Unless otherwise permitted, we will not sell any of the Securities to any account over which we have discretionary authority.

Public Offering of Securities. The sale of the Securities to the public is to be made, as herein provided, as soon after the registration statement relating to the Securities becomes effective as in your judgment is advisable. The purchase price to be paid by the Underwriters for the Securities and the initial public offering price are to be determined by agreement between you and the Company. The Securities shall be first offered to the public at the initial public offering prices price as so determined (the "Initial Public Offering Price")determined. You will advise us by telegraph or telephone when the Securities shall be released for offering, when the registration statement relating to the Securities shall become effective and the price at which the Securities is initially are to be offered. We agree not to sell any of the Securities until you have released it them for that purpose. We authorize you, after the initial public offering, to change the public offering price, the concession and the reallowance if, in your sole discretion, such action becomes desirable by reason of changes in general market conditions or otherwise. As used herein, the terms "Registration Statement," "Preliminary Prospectus" and "Prospectus" shall have the meanings ascribed thereto in the Underwriting Agreement. The public offering price sat at the time in effect is herein called the "Offering Price." After notice from you that the Securities is are released for public sale, we will offer to the public in conformity with the provisions hereof and with the terms of offering set forth in the Prospectus such shares of your our Securities as you advise us are not reserved. We agree not to offer or sell any of the Securities to persons over whose accounts we exercise investment discretion without their specific advance consent.

Public Offering of Securities. The sale of the Securities to the public is to be made, as herein provided, as soon after the registration statement relating to the Securities becomes effective as in your judgment is advisable. The purchase price to be paid by the Underwriters for the Securities and the initial public offering price are to be determined by agreement between you and the Company. The Securities shall be first offered to the public at the initial public offering prices as so determined (the "Initial Public Offering Price"). You will advise us by telegraph or telephone when the Securities shall be released for offering, when the registration statement relating to the Securities shall become effective and the price at which the Securities is are initially to be offered. We agree not to sell any of the Securities until you have released it them for that purpose. We authorize you, after the initial public offering, to change the public offering price, the concession and the reallowance if, in your sole discretion, such action becomes desirable by reason of changes in general market conditions or otherwise. As used herein, the terms "Registration Statement," "Preliminary Prospectus" and "Prospectus" shall have the meanings ascribed thereto in the Underwriting Agreement. The public offering price sat at the time in effect is herein called the "Offering Price." After notice from you that the Securities is are released for public sale, we will offer to the public in conformity with the provisions hereof and with the terms of offering set forth in the Prospectus such shares of your Securities as you advise us are not reserved.