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

Purchase and Sale of the Private Placement Units. (i) On the date of the closing of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Initial Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, 734,000 Private Placement Units at a price of $10.00 per Private Placement Unit for an aggregate purchase price of $7,340,000 (the “Purchase Price”). The Purchaser shall pay the Purchase Price by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructions. On the Initial Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company shall either, at its option, shall deliver a certificate evidencing the Private Placement Units purchased on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the closing consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Initial Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, 734,000 up to an aggregate of 125,000 Private Placement Units at a price of $10.00 per Private Placement Unit for an aggregate purchase price of up to $7,340,000 1,250,000 (the “Purchase Price”). The Purchaser , which shall pay the Purchase Price be paid by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructionsinstructions at least one business day prior to the date of effectiveness of the Registration Statement . On the Initial Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company shall either, at its option, shall deliver a certificate 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.

Purchase and Sale of the Private Placement Units. (i) On the date of the closing consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Initial Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, 734,000 an aggregate of 272,000 Private Placement Units at a price of $10.00 per Private Placement Unit unit for an aggregate purchase price of $7,340,000 2,720,000 (the “Purchase Price”). The Purchaser , which shall pay the Purchase Price be paid by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructionsinstructions on or prior to the Closing Date. On the Initial Closing Date, upon the payment by the Purchaser of the Purchase PriceCompany, the Company shall either, at its option, shall deliver a certificate 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.

Purchase and Sale of the Private Placement Units. (i) On the date of the closing consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Initial Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, 734,000 an aggregate of 250,000 Private Placement Units at a price of $10.00 per Private Placement Unit unit for an aggregate purchase price of $7,340,000 2,500,000 (the “Purchase Price”). The Purchaser , which shall pay the Purchase Price be paid by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructionsinstructions on or prior to the Closing Date. On the Initial Closing Date, upon the payment by the Purchaser of the Purchase PriceCompany, the Company shall either, at its option, shall deliver a certificate 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.

Purchase and Sale of the Private Placement Units. (i) On the date of the closing consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Initial Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, 734,000 an aggregate of 1,000,000 Private Placement Units at a price of $10.00 per Private Placement Unit for an aggregate purchase price of $7,340,000 10,000,000 (the “Purchase Price”). The Purchaser , which shall pay the Purchase Price be paid by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructionsinstructions at least one business day prior to the Initial Closing Date. On the Initial Closing Date, upon the payment by the Purchaser of the Purchase PriceCompany, the Company shall either, at its option, shall deliver a certificate 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.

Purchase and Sale of the Private Placement Units. (i) On the date of the closing consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Initial Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, 734,000 up to an aggregate of 150,000 Private Placement Units at a price of $10.00 per Private Placement Unit for an aggregate purchase price of up to $7,340,000 1,500,000 (the “Purchase Price”). The Purchaser , which shall pay the Purchase Price be paid by wire transfer of immediately available funds to the Company in accordance with the Company’s wiring instructionsinstructions at least one business day prior to the date of effectiveness of the Registration Statement . On the Initial Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company shall either, at its option, shall deliver a certificate 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.