Common use of The Fee Clause in Contracts

The Fee. 3.1 The Company shall pay Agent a cash fee equal to 10.00% of the gross proceeds of the Offering (the "Cash Fee") as received by the Company from Agent's Proposed Investors. The Company shall also issue the Agent a warrant to purchase a number of the Company's common shares equal to 10.00% of the gross proceeds of the Offering (the "Warrant") as received by the Company from Agent's Proposed Investors. The Warrant shall have an exercise price equal to the lesser of the closing bid price of the Company's common stock on the day prior to the Closing or the price paid by Investor (the "Strike Price").

The Fee. 3.1 The Company shall pay Agent a cash fee equal to 10.00% of the gross proceeds of the Offering (the "Cash Fee") } as received by the Company from Agent's Proposed Investors. The Company shall also issue the Agent a warrant to purchase a number of the Company's common shares shared equal to 10.007.00% of the gross proceeds of the Offering (the "Warrant") as received by the Company from Agent's Proposed Investors. The Warrant shall have an exercise price equal to the lesser of the closing bid price of the Company's common stock shares on the day prior trading date to the Closing or the price paid by Investor (the "Strike Price").

The Fee. 3.1 The Company shall pay Agent a cash fee equal to 10.00% of the gross proceeds of the Offering (the "Cash Fee") as received by the Company from Agent's Proposed Investors. The Company shall also issue the Agent a one common stock purchase warrant for each $10.00 worth of Notes sold to Investors introduced to the Company by Agent. Each warrant will be excercisable to purchase a number of the Company's common shares equal to 10.00% of the gross proceeds of the Offering (the "Warrant") as received by the Company from Agent's Proposed Investors. The Warrant shall have an exercise price equal to the lesser of the closing bid price one share of the Company's common stock on the day prior to the Closing or the until December 31, 2005 at a price paid by Investor equaling $1.00 per share (the "Strike PriceWarrants").

The Fee. 3.1 The Company shall pay Agent a cash fee equal to 10.006.00% of the gross proceeds of the Offering (the "“Cash Fee"”) as received by the Company from Agent's ’s Proposed Investors. The Company shall also issue the Agent a warrant to purchase a number of the Company's ’s common shares equal to 10.006.00% of the gross proceeds of the Offering (the "“Warrant"”) as received by the Company from Agent's ’s Proposed Investors. The Warrant shall have an exercise price equal to the lesser of price paid for the closing bid price of the Company's common stock on by the day prior to the Closing or the price paid by Investor Agent’s investor (the "“Strike Price"”).