Common use of Company Authorization Clause in Contracts

Company Authorization. The Company’s Board of Directors has authorized the issuance and sale, pursuant to the terms and conditions of this Agreement, of up to 10,503,862 shares of Common Stock (the “Purchased Shares”) and up to 3,466,274 Warrants, substantially in the form attached hereto as Exhibit A. Each Warrant shall be exercisable to purchase the number of shares of Common Stock set forth thereon at a price of $3.04 per share of Common Stock (the “Purchased Warrants” and together with the Purchased Shares, the “Purchased Securities”). Subject to their terms and conditions, the Purchased Warrants shall be exercisable at any time and from time to time from and after the six-month anniversary of the Closing Date through and including August 9, 2010.

Company Authorization. The Company’s 's Board of Directors has authorized the issuance and sale, pursuant to the terms and conditions of this Agreement, of up to 10,503,862 39,467,891 shares of Common Stock (the “Purchased Shares”"PURCHASED SHARES") and up to 3,466,274 19,733,945 Warrants, substantially in the form attached hereto as Exhibit A. Each one (1) Warrant included in the Units shall be exercisable to purchase the number of shares of Common Stock set forth thereon at a price of $3.04 per one (1) share of Common Stock at $0.14 per share (the “Purchased Warrants” "PURCHASED WARRANTS" and together with the Purchased Shares, the “Purchased Securities”"PURCHASED SECURITIES"). Subject to their terms and conditions, the Purchased Warrants shall be exercisable at any time and from time to time from and after the six-month anniversary of the Closing Date date hereof through and including August 9March 30, 20102011.

Company Authorization. The Company’s Board of Directors has authorized the issuance and sale, pursuant to the terms and conditions of this Agreement, of up to 10,503,862 9,930,000 shares of Common Stock (the “Purchased Shares”) and Warrants to purchase up to 3,466,274 Warrants5,958,000 shares of Common Stock, substantially in the form attached hereto as Exhibit A. Each Warrant shall be exercisable to purchase the number of shares of Common Stock set forth thereon at a price of $3.04 1.54 per share of Common Stock (the “Purchased Warrants” and together with the Purchased Shares, the “Purchased Securities”). Subject to their terms and conditions, the Purchased Warrants shall be exercisable at any time and from time to time from and after the six-month anniversary of the Closing Date through and including August 9October 5, 20102011.