Common use of Award and Consideration Clause in Contracts

Award and Consideration. On the terms and conditions set forth in this Agreement, the Company, hereby issues to Recipient on December 1, 2005 (the “Grant Date”), for past services rendered to the Company Forty-Five Thousand (45,000) shares (the “Restricted Shares”) of Common Stock. All of the Restricted Shares issued hereunder shall be deemed issued to Recipient as fully paid and nonassessable shares, and Recipient shall have all rights of a stockholder with respect thereto, including the right to vote, receive dividends (including stock dividends), participate in stock splits or other recapitalizations, and exchange such shares in a merger, consolidation or other reorganization. The Company shall pay any applicable stock transfer taxes.

Award and Consideration. On the terms and conditions set forth in this Agreement, the Company, hereby issues to Recipient on December August 1, 2005 (the “Grant Date”), for past services rendered to the Company Forty-Five Two Hundred Thousand (45,000200,000) shares (the “Restricted Shares”) of Common Stock. All of the Restricted Shares issued hereunder shall be deemed issued to Recipient as fully paid and nonassessable shares, and Recipient shall have all rights of a stockholder with respect thereto, including the right to vote, receive dividends (including stock dividends), participate in stock splits or other recapitalizations, and exchange such shares in a merger, consolidation or other reorganization. The Company shall pay any applicable stock transfer taxes.

Award and Consideration. On the terms and conditions set forth in this Agreement, the Company, hereby issues to Recipient on December 1, 2005 200 (the “Grant Date”), for past services rendered to the Company Forty-Five Thousand (45,000( ) shares (the “Restricted Shares”) of Common Stock. All of the Restricted Shares issued hereunder shall be deemed issued to Recipient as fully paid and nonassessable shares, and Recipient shall have all rights of a stockholder with respect thereto, including the right to vote, receive dividends (including stock dividends), participate in stock splits or other recapitalizations, and exchange such shares in a merger, consolidation or other reorganization. The Company shall pay any applicable stock transfer taxes.

Award and Consideration. On the terms and conditions set forth in this Agreement, the Company, hereby issues to Recipient on December 112, 2005 (the “Grant Date”), for past services rendered to the Company Forty-Five Ten Thousand (45,00010,000) shares (the “Restricted Shares”) of Common Stock. All of the Restricted Shares issued hereunder shall be deemed issued to Recipient as fully paid and nonassessable shares, and Recipient shall have all rights of a stockholder with respect thereto, including the right to vote, receive dividends (including stock dividends), participate in stock splits or other recapitalizations, and exchange such shares in a merger, consolidation or other reorganization. The Company shall pay any applicable stock transfer taxes.