Common use of Terms of Loan Clause in Contracts

Terms of Loan. In addition to repayment of all principal and interest, Borrower will give to Lender as additional consideration the following: (a) 1,000 shares of Weststar Environmental, Inc., stock subject to normal restrictions of Rule 44 under the Securities Act; (b) 1,667 warrants to purchase 1,667 share of common stock in Weststar Environmental, Inc., at a purchase price of 140% of the I.P.O. price; and (c) the payment of a $3,333.00 fee upon the closing of the I.P.O. transaction.

Terms of Loan. In addition to repayment of all principal and interest, Borrower will give to Lender as additional consideration the following: (a) 1,000 3,000 shares of Weststar Environmental, Inc., stock subject to normal restrictions of Rule 44 under the Securities Act; (b) 1,667 5,000 warrants to purchase 1,667 5,000 share of common stock in Weststar Environmental, Inc., at a purchase price of 140% of the I.P.O. price; and (c) the payment of a $3,333.00 10,000.00 fee upon the closing of the I.P.O. transaction.

Terms of Loan. In addition to repayment of all principal and interest, Borrower will give to Lender as additional consideration the following: (a) 1,000 2,000 shares of Weststar Environmental, Inc., stock subject to normal restrictions of Rule 44 under the Securities Act; (b) 1,667 3,333 warrants to purchase 1,667 share 3,333 shares of common stock in Weststar Environmental, Inc., at a purchase price of 140% of the I.P.O. price; and (c) the payment of a $3,333.00 6,667.00 fee upon the closing of the I.P.O. transaction.