Common use of Shares Offered Clause in Contracts

Shares Offered. The Company proposes to issue and sell to the Underwriters an aggregate of 2,125,000 shares of its authorized and unissued common stock, $.01 par value per share (the "Common Stock"), and the Selling Stockholder proposes to sell to the Underwriters an aggregate of 375,000 issued outstanding shares of Common Stock (collectively, the "Firm Shares"). The Company also proposes to grant to the Underwriters an Option (hereinafter defined) to purchase up to an additional aggregate of 375,000 shares (the "Option Shares") of its authorized and unissued Common Stock on the terms and for the purposes set forth in Section 4(b) hereof. The Firm Shares and the Option Shares are hereinafter sometimes together called the "Shares."

Shares Offered. The Company proposes to issue and sell to the Underwriters an aggregate of 2,125,000 750,000 shares of its authorized and unissued common stock, $.01 no par value per share (the "Common Stock"), and the Selling Stockholder proposes Shareholders propose to sell to the Underwriters an aggregate of 375,000 250,000 issued and outstanding shares of Common Stock (collectively, the "Firm Shares"). The Company also proposes to grant to the Underwriters an Option (hereinafter defined) to purchase up to an additional aggregate of 375,000 150,000 shares (the "Option Shares") of its authorized and unissued Common Stock on the terms and for the purposes set forth in Section 4(b) hereof. The Firm Shares and the Option Shares are hereinafter sometimes together called the "Shares."

Shares Offered. The Company proposes to issue and sell to the Underwriters an aggregate of 2,125,000 1,600,000 shares of its authorized and unissued common stock, $.01 0.01 par value per share (the "Common Stock"), and the Selling Stockholder proposes to sell to the Underwriters an aggregate of 375,000 issued outstanding shares of Common Stock ) (collectively, the "Firm Shares"). The Company also Selling Stockholder proposes to grant to the Underwriters an Option (hereinafter defined) to purchase up to an additional aggregate of 375,000 240,000 shares (the "Option Shares") of its authorized and unissued Common Stock on the terms and for the purposes set forth in Section 4(b) hereof. The Firm Shares and the Option Shares are hereinafter sometimes together called the "Shares."

Shares Offered. The Company proposes to issue and sell to the Underwriters an aggregate of 2,125,000 2,000,000 shares of its authorized and unissued common stock, $.01 0.01 par value per share (the "Common Stock"), and the Selling Stockholder proposes to sell to the Underwriters an aggregate of 375,000 850,000 issued and outstanding shares of Common Stock (collectively, the "Firm Shares"). The Company Selling Stockholder also proposes to grant to the Underwriters an Option (hereinafter defined) to purchase up to an additional aggregate of 375,000 427,500 shares (the "Option Shares") of its authorized and unissued Common Stock on the terms and for the purposes set forth in Section 4(b) hereof. The Firm Shares and the Option Shares are hereinafter sometimes together called the "Shares."