Common use of TIME AND MANNER OF EXERCISE Clause in Contracts

TIME AND MANNER OF EXERCISE. From and after January 8, 2003, and ----------------------------- during and until June 26, 2007, the Grantee shall have the right to purchase from the Corporation 1,300,000 shares of the Corporation's $.001 par value common stock ("Option"). The Grantee shall exercise the Option by delivery to the Corporation of a notice of exercise accompanied by a certified or cashier's check or promissory note in payment of the Option purchase price. Promptly upon receipt of such exercise and such check, the Corporation will deliver or cause to be delivered to Grantee stock certificate(s) representing the number of shares of the Corporation's $.001 par value common stock purchased in accordance with the provisions of this Agreement and, during Grantee's lifetime, duly registered in the name of the Grantee and, at the Grantee's election, his or her spouse.

TIME AND MANNER OF EXERCISE. From and after January 8April 3, 2003, and ----------------------------- during ---------------------------- and until June 26April 3, 20072008, the Grantee shall have the right to purchase from the Corporation 1,300,000 1,000,000 shares of the Corporation's $.001 par value common stock ("Option"). The Grantee shall exercise the Option by delivery to the Corporation of a notice of exercise accompanied by a certified or cashier's check or promissory note in payment of the Option purchase price. Promptly upon receipt of such exercise and such check, the Corporation will deliver or cause to be delivered to Grantee stock certificate(s) representing the number of shares of the Corporation's $.001 par value common stock purchased in accordance with the provisions of this Agreement and, during Grantee's lifetime, duly registered in the name of the Grantee and, at the Grantee's election, his or her spouse.

TIME AND MANNER OF EXERCISE. From and after January 8April 3, 2003, and ----------------------------- during ---------------------------- and until June 26April 3, 20072008, the Grantee shall have the right to purchase from the Corporation 1,300,000 350,000 shares of the Corporation's $.001 par value common stock ("Option"). The Grantee shall exercise the Option by delivery to the Corporation of a notice of exercise accompanied by a certified or cashier's check or promissory note in payment of the Option purchase price. Promptly upon receipt of such exercise and such check, the Corporation will deliver or cause to be delivered to Grantee stock certificate(s) representing the number of shares of the Corporation's $.001 par value common stock purchased in accordance with the provisions of this Agreement and, during Grantee's lifetime, duly registered in the name of the Grantee and, at the Grantee's election, his or her spouse.

TIME AND MANNER OF EXERCISE. From and after January August 8, 2003, and ----------------------------- during and until June 26November 6, 20072003, the Grantee shall have the right to purchase from the Corporation 1,300,000 1,500,000 shares of the Corporation's ’s $.001 par value common stock ("“Option"”). The Grantee shall exercise the Option by delivery to the Corporation of a notice of exercise accompanied by a certified or cashier's check or promissory note in payment of the Option purchase price. Promptly upon receipt of such exercise and such check, the Corporation will deliver or cause to be delivered to Grantee stock certificate(s) representing the number of shares of the Corporation's ’s $.001 par value common stock purchased in accordance with the provisions of this Agreement and, during Grantee's lifetime, duly registered in the name of the Grantee and, at the Grantee's election, his or her spouse.

TIME AND MANNER OF EXERCISE. From and after January 828, 2003, and ----------------------------- during and until June 26January 28, 20072008, the Grantee shall have the right to purchase from the Corporation 1,300,000 1,200,000 shares of the Corporation's $.001 par value common stock ("Option"). The Grantee shall exercise the Option by delivery to the Corporation of a notice of exercise accompanied by a certified or cashier's check or promissory note in payment of the Option purchase price. Promptly upon receipt of such exercise and such check, the Corporation will deliver or cause to be delivered to Grantee stock certificate(s) representing the number of shares of the Corporation's $.001 par value common stock purchased in accordance with the provisions of this Agreement and, during Grantee's lifetime, duly registered in the name of the Grantee and, at the Grantee's election, his or her spouse.

TIME AND MANNER OF EXERCISE. From and after January 8February 10, 2003, and ----------------------------- ---------------------------- during and until June 26February 10, 20072008, the Grantee shall have the right to purchase from the Corporation 1,300,000 850,000 shares of the Corporation's $.001 par value common stock ("Option"). The Grantee shall exercise the Option by delivery to the Corporation of a notice of exercise accompanied by a certified or cashier's check or promissory note in payment of the Option purchase price. Promptly upon receipt of such exercise and such check, the Corporation will deliver or cause to be delivered to Grantee stock certificate(s) representing the number of shares of the Corporation's $.001 par value common stock purchased in accordance with the provisions of this Agreement and, during Grantee's lifetime, duly registered in the name of the Grantee and, at the Grantee's election, his or her spouse.

TIME AND MANNER OF EXERCISE. From and after January 828, 2003, and ----------------------------- ---------------------------------- during and until June 26, 2007, the Grantee shall have the right to purchase from the Corporation 1,300,000 500,000 shares of the Corporation's $.001 par value common stock ("Option"). The Grantee shall exercise the Option by delivery to the Corporation of a notice of exercise accompanied by a certified or cashier's check or promissory note in payment of the Option purchase price. Promptly upon receipt of such exercise and such check, the Corporation will deliver or cause to be delivered to Grantee stock certificate(s) representing the number of shares of the Corporation's $.001 par value common stock purchased in accordance with the provisions of this Agreement and, during Grantee's lifetime, duly registered in the name of the Grantee and, at the Grantee's election, his or her spouse.

TIME AND MANNER OF EXERCISE. From and after January 8April 3, 2003, and ----------------------------- during --------------------------------- and until June 26, 2007, the Grantee shall have the right to purchase from the Corporation 1,300,000 500,000 shares of the Corporation's $.001 par value common stock ("Option"). The Grantee shall exercise the Option by delivery to the Corporation of a notice of exercise accompanied by a certified or cashier's check or promissory note in payment of the Option purchase price. Promptly upon receipt of such exercise and such check, the Corporation will deliver or cause to be delivered to Grantee stock certificate(s) representing the number of shares of the Corporation's $.001 par value common stock purchased in accordance with the provisions of this Agreement and, during Grantee's lifetime, duly registered in the name of the Grantee and, at the Grantee's election, his or her spouse.

TIME AND MANNER OF EXERCISE. From and after January 8March 4, 20032005, and ----------------------------- during and until June 26April 30, 20072005, the Grantee shall have the right to purchase from the Corporation 1,300,000 3,400,000 shares of the Corporation's ’s $.001 par value common stock ("“Option"”). The Grantee shall exercise the Option by delivery to the Corporation of a notice of exercise accompanied by a certified or cashier's check or promissory note in payment of the Option purchase price. Promptly upon receipt of such exercise and such check, the Corporation will deliver or cause to be delivered to Grantee stock certificate(s) representing the number of shares of the Corporation's ’s $.001 par value common stock purchased in accordance with the provisions of this Agreement and, during Grantee's lifetime, duly registered in the name of the Grantee and, at the Grantee's election, his or her spouse.

TIME AND MANNER OF EXERCISE. From and after January 8February 15, 20032005, and ----------------------------- during and until June 26April 20, 20072005, the Grantee shall have the right to purchase from the Corporation 1,300,000 3,400,000 shares of the Corporation's ’s $.001 par value common stock ("“Option"”). The Grantee shall exercise the Option by delivery to the Corporation of a notice of exercise accompanied by a certified or cashier's check or promissory note in payment of the Option purchase price. Promptly upon receipt of such exercise and such check, the Corporation will deliver or cause to be delivered to Grantee stock certificate(s) representing the number of shares of the Corporation's ’s $.001 par value common stock purchased in accordance with the provisions of this Agreement and, during Grantee's lifetime, duly registered in the name of the Grantee and, at the Grantee's election, his or her spouse.

TIME AND MANNER OF EXERCISE. From and after January 8April 3, 2003, and ----------------------------- during --------------------------------- and until June 26, 2007, the Grantee shall have the right to purchase from the Corporation 1,300,000 1,000,000 shares of the Corporation's $.001 par value common stock ("Option"). The Grantee shall exercise the Option by delivery to the Corporation of a notice of exercise accompanied by a certified or cashier's check or promissory note in payment of the Option purchase price. Promptly upon receipt of such exercise and such check, the Corporation will deliver or cause to be delivered to Grantee stock certificate(s) representing the number of shares of the Corporation's $.001 par value common stock purchased in accordance with the provisions of this Agreement and, during Grantee's lifetime, duly registered in the name of the Grantee and, at the Grantee's election, his or her spouse.