Common use of Purchase and Issuance of the Units Clause in Contracts

Purchase and Issuance of the Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Initial Closing Date (as defined below) 276,250 Units in consideration of the payment of the Purchase Price (as defined below). On the Initial Closing Date, the Company shall, at its option, deliver to the Subscriber the certificates representing the Securities purchased or effect such delivery in book-entry form.

Purchase and Issuance of the Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber Subscribers hereby agrees agree to purchase from the Company, and the Company hereby agrees to sell to the SubscriberSubscribers, on the Initial Closing Date (as defined below) 276,250 the Units in consideration of the payment of the Purchase Price (as defined below). On the Initial Closing Date, or within a reasonable time after the Closing Date, but in no event later than thirty (30) days after the Closing Date, the Company shall, at its option, shall deliver to the Subscriber Subscribers the certificates representing the Securities purchased or effect such delivery in book-entry formpurchased.

Purchase and Issuance of the Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Initial Closing Date (as defined below) 276,250 228,250 Units in consideration of the payment of the Purchase Price (as defined below). On the Initial Closing Date, the Company shall, at its option, deliver to the Subscriber the certificates representing the Securities purchased or effect such delivery in book-entry form.

Purchase and Issuance of the Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Initial Closing Date (as defined below) 276,250 the Units in consideration of the payment of the Purchase Price (as defined below). On the Initial Closing Date, or within a reasonable time after the Closing Date, but in no event later than thirty (30) days after the Closing Date, the Company shall, at its option, shall deliver to the Subscriber the certificates representing the Securities purchased or effect such delivery in book-entry formpurchased.

Purchase and Issuance of the Units. (a) Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Initial Closing Date (as defined below) 276,250 the Initial Units in consideration for a purchase price of the payment of the Purchase Price (as defined below)$2,250,000. On the Initial Closing Date, or within a reasonable time after the Closing Date, but in no event later than thirty (30) days after the Closing Date, the Company shall, at its option, shall deliver to the Subscriber the certificates representing the Securities purchased or effect such delivery in book-entry formpurchased.

Purchase and Issuance of the Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Initial Closing Date (as defined below) 276,250 382,250 Units in consideration of the payment of the Purchase Price (as defined below). On the Initial Closing Date, the Company shall, at its option, deliver to the Subscriber the certificates representing the Securities purchased or effect such delivery in book-entry form.

Purchase and Issuance of the Units. Upon the terms and subject to the conditions of this Agreement, the Subscriber hereby agrees to purchase from the Company, and the Company hereby agrees to sell to the Subscriber, on the Initial each applicable Closing Date (as defined below) 276,250 ), the Primary Units and/or the Additional Units, as applicable, in consideration of the payment of the Purchase Price (as defined below). On each Closing Date, or within a reasonable time after the Initial applicable Closing Date, but in no event later than thirty (30) days after such Closing Date, the Company shall, at its option, shall deliver to the Subscriber the certificates representing the Securities purchased or effect such delivery in book-entry formpurchased.