Common use of Purchase and Sale of the Private Placement Units Clause in Contracts

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 (the “Purchase Price”), which shall be deposited into an account for the benefit of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the Company on the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 (if the over- allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit of the Company by the Funding Date and paid to the Company on the Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 25,000 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 250,000 (the “Purchase Price”), which shall be deposited into an account for the benefit of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the Company on the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 2,596 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 25,960 (if the over- allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit of the Company by the Funding Date and paid to the Company on the Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 25,000 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 250,000 (the “Purchase Price”), which shall be deposited into an account for the benefit of the Company at least three [three] business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the Company on the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 2,596 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 25,960 (if the over- over-allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit of the Company by the Funding Date and paid to the Company on the Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 365,000 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 3,650,000 (the “Purchase Price”), which shall be deposited into an account for the benefit of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the Company on the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 37,904 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 379,040 (if the over- allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit of the Company by the Funding Date and paid to the Company on the Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of Simultaneously with the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 715,000 Private Placement Units at a price of $10.00 per unit Unit for an aggregate purchase price of $3,550,000 7,150,000 (the “Purchase Price”), which . Purchaser shall be deposited into an account for pay the benefit Purchase Price by wire transfer of the Company at least three business days prior immediately available funds to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the trust account maintained by Continental Stock Transfer & Trust Company acting as trustee, on the IPO Closing Date. On the IPO Closing Date, upon the Company shall eitherpayment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver certificates a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, Purchaser or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option to purchase additional units, if any, in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser Purchasers and the Company (each such date, an the “Over-allotment Option Closing Date,” ”, and each Over-allotment Option Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as Date, a “Closing Date”), the Company shall issue and sell to the PurchaserPurchasers, and the Purchaser Purchasers shall purchase from the Company, up to an aggregate of 33,281 81,000 Private Placement UnitsUnits (or, to the extent the option to purchase additional units is not exercised in full, a lesser number of Private Placement Units in proportion to the same proportion as the amount portion of the over-allotment option that is exercised, ) at a price of $10.00 per unit Unit for an aggregate purchase price of up to $332,810 (if the over- allotment option in connection with the Public Offering is exercised in full) 810,000 (the “Over-allotment Option Purchase Price”), which . The Purchasers shall be deposited into an account for pay the benefit of the Company by the Funding Date and paid to the Company on the Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Option Purchase Price payable by it in accordance with the Company’s wire instruction by wire transfer of immediately available funds to the CompanyTrust Account, on the Option Closing Date. On the Option Closing Date, subject to the receipt of funds pursuant to the immediately prior sentence, the Company shall eithershall, at its option, shall deliver certificates a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, Purchaser or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 365,000 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 3,650,000 (the “Purchase Price”), which shall be deposited into an account for the benefit of the Company at least three [three] business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the Company on the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 37,904 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 379,040 (if the over- over-allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit of the Company by the Funding Date and paid to the Company on the Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 82,500 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 825,000 (the “Purchase Price”), which shall be deposited into an account for the benefit of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the Company on the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 5,940 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 59,400 (if the over- allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit of the Company by the Funding Date and paid to the Company on the Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser Purchasers and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser Purchasers shall purchase from the Company, an aggregate of 355,000 212,500 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 2,125,000 (the “Purchase Price”), which shall be deposited into an account for the benefit paid by wire transfer of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid immediately available funds to the Company on in accordance with the Company’s wiring instructions at least one business day prior to the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser Purchasers on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser Purchasers and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser Purchasers shall purchase from the Company, up to an aggregate of 33,281 227,500 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 2,275,000 (if the over- over-allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit paid by wire transfer of the Company by the Funding Date and paid immediately available funds to the Company on in accordance with the Company’s wiring instructions at least one business day prior to such Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser Purchasers of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser Purchasers on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 167,500 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 1,675,000 (the “Purchase Price”), which shall be deposited into an account for the benefit of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the Company on the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 12,060 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 120,600 (if the over- allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit of the Company by the Funding Date and paid to the Company on the Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 19,780 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 197,800 (the “Purchase Price”), which shall be deposited into an account for the benefit of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the Company on the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 1,548 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 15,480 (if the over- allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit of the Company by the Funding Date and paid to the Company on the Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 18,000 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 180,000 (the “Purchase Price”), which shall be deposited into an account for the benefit of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the Company on the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 1,869 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 18,690 (if the over- allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit of the Company by the Funding Date and paid to the Company on the Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 372,000 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 3,720,000 (the “Purchase Price”), which shall be deposited into an account for the benefit of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the Company on the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 38,631 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 386,310 (if the over- allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit of the Company by the Funding Date and paid to the Company on the Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 370,500 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 3,705,000 (the “Purchase Price”), which shall be deposited into an account for the benefit paid by wire transfer of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid immediately available funds to the Company on in accordance with the Company’s wiring instructions at least one business day prior to the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 38,700 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 387,000 (if the over- over-allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit paid by wire transfer of the Company by the Funding Date and paid immediately available funds to the Company on in accordance with the Company’s wiring instructions at least one business day prior to such Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 370,500 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 3,705,000 (the “Purchase Price”), which shall be deposited into an account for the benefit paid by wire transfer of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid immediately available funds to the Company on in accordance with the Company’s wiring instructions at least one business day prior to the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 38,700 Private Placement Units, in the same proportion as the amount of the over-over- allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 387,000 (if the over- over-allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit paid by wire transfer of the Company by the Funding Date and paid immediately available funds to the Company on in accordance with the Company’s wiring instructions at least one business day prior to such Over-allotment Closing Date. On the Over-Over- allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 45,000 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 450,000 (the “Purchase Price”), which shall be deposited into an account for the benefit of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the Company on the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 4,219 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 42,190 (if the over- allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit of the Company by the Funding Date and paid to the Company on the Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 45,000 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 450,000 (the “Purchase Price”), which shall be deposited into an account for the benefit of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the Company on the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-Over- allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 4,219 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 42,190 (if the over- allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit of the Company by the Funding Date and paid to the Company on the Over-Over- allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-Over- allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 _____ Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 ______ (the “Purchase Price”), which shall be deposited into an account for the benefit of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the Company on the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 _____ Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 _____ (if the over- allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit of the Company by the Funding Date and paid to the Company on the Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 18,000 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 180,000 (the “Purchase Price”), which shall be deposited into an account for the benefit of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the Company on the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 1,718 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 18,690 (if the over- allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit of the Company by the Funding Date and paid to the Company on the Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser Purchasers and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser Purchasers shall purchase from the Company, an aggregate of 355,000 232,500 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 2,325,000 (the “Purchase Price”), which shall be deposited into an account for the benefit paid by wire transfer of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid immediately available funds to the Company on in accordance with the Company’s wiring instructions at least one business day prior to the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser Purchasers on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser Purchasers and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser Purchasers shall purchase from the Company, up to an aggregate of 33,281 250,500 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 2,505,000 (if the over- over-allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit paid by wire transfer of the Company by the Funding Date and paid immediately available funds to the Company on in accordance with the Company’s wiring instructions at least one business day prior to such Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser Purchasers of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser Purchasers on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.

Purchase and Sale of the Private Placement Units. On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 355,000 312,000 Private Placement Units at a price of $10.00 per unit for an aggregate purchase price of $3,550,000 3,120,000 (the “Purchase Price”), which shall be deposited into an account for the benefit of the Company at least three business days prior to the effective date of the registration statement (“Registration Statement”) relating to the Public Offering (the “Funding Date”) and paid to the Company on the IPO Closing Date. On the IPO Closing Date, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. On the date of the consummation of the closing of the over-allotment option in connection with the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (each such date, an “Over-allotment Closing Date,” and each Over-allotment Closing Date (if any) and the IPO Closing Date being sometimes referred to herein as a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, up to an aggregate of 33,281 29,782 Private Placement Units, in the same proportion as the amount of the over-allotment option that is exercised, at a price of $10.00 per unit for an aggregate purchase price of up to $332,810 386,310 (if the over- allotment option in connection with the Public Offering is exercised in full) (the “Over-allotment Purchase Price”), which shall be deposited into an account for the benefit of the Company by the Funding Date and paid to the Company on the Over-allotment Closing Date. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price payable by it by wire transfer of immediately available funds to the Company, the Company shall either, at its option, deliver certificates evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form. Any unused portion of the Over-allotment Purchase Price shall be returned to the Purchaser following the Over-allotment Closing Date.