Common use of Current Prospectus Clause in Contracts

Current Prospectus. The Company agrees to monitor the market price of its common stock, par value $.05 per share (the "Common Stock") and will undertake to file a posteffective amendment to its registration statement dated July 26, 1995, Registration No. 33-93450

Current Prospectus. The Company agrees to monitor the market price of its common stock, par value $.05 per share (the "Common Stock") and will undertake to file a posteffective post-effective amendment to its registration statement dated July 26February 8, 19951994, Registration No. 33-9345054684 (the "Registration Statement"), at such time as the exercise of the Series A Warrants appears more likely. Furthermore, the Company will not, without the opinion of counsel to the Company, issue any of its Common Stock pursuant to the exercise of any of the Series A Warrants