Common use of Grant and Period Clause in Contracts

Grant and Period. The above recital is true and correct. This Agreement is executed and delivered pursuant to and in accordance with the Consulting Agreement. Pursuant to this Agreement, the Option Holder is hereby granted the right to purchase from the Company, at any time during the period commencing on the Effective Date and ending on October 30, 2010 (the “Expiration Time”), 40,000 shares of the Company’s common stock, $.0001 par value (the “Shares” or “Option Securities”)) at an initial exercise price (subject to adjustment as provided in Article 8 hereof) of $3.50 per share (the “Exercise Price” or “Purchase Price”), subject to the terms and conditions of this Agreement (the “Option”). Except as specifically otherwise provided herein, the Shares shall have the same terms and conditions as such securities are outstanding and as designated in the Company’s Certificate of Incorporation and any amendments thereto.

Grant and Period. The above recital is true and correct. This Agreement is executed and delivered pursuant to and in accordance with the Consulting Agreement. Pursuant to this Agreement, the Option Holder is hereby granted the right to purchase from the Company, at any time during the period commencing on the Effective Date and ending on October 30, 2010 (the “Expiration Time”), 40,000 shares of the Company’s common stock, $.0001 par value (the “Shares” or “Option Securities”)) at an initial exercise price (subject to adjustment as provided in Article 8 hereof) of $3.50 2.90 per share (the “Exercise Price” or “Purchase Price”), subject to the terms and conditions of this Agreement (the “Option”). Except as specifically otherwise provided herein, the Shares shall have the same terms and conditions as such securities are outstanding and as designated in the Company’s Certificate of Incorporation and any amendments thereto.

Grant and Period. The above recital is true and correct. This Agreement is executed and delivered pursuant to and in accordance with the Consulting Agreement. Pursuant to this Agreement, the Option Holder is hereby granted the right to purchase from the Company, at any time during the period commencing on the Effective Date and ending on October 30August 31, 2010 (the “Expiration Time”), 40,000 10,000 shares of the Company’s common stock, $.0001 par value (the “Shares” or “Option Securities”)) at an initial exercise price (subject to adjustment as provided in Article 8 hereof) of $3.50 2.05 per share (the “Exercise Price” or “Purchase Price”), subject to the terms and conditions of this Agreement (the “Option”). Except as specifically otherwise provided herein, the Shares shall have the same terms and conditions as such securities are outstanding and as designated in the Company’s Certificate of Incorporation and any amendments thereto.

Grant and Period. The above recital is true and correct. This Agreement is executed and delivered pursuant to and in accordance with the Consulting Agreement. Pursuant to this Agreement, the Option Holder is hereby granted the right to purchase from the Company, at any time during the period commencing on the Effective Date and ending on October 30, 2010 (the “Expiration Time”), 40,000 shares of the Company’s common stock, $.0001 par value (the “Shares” or “Option Securities”)) at an initial exercise price (subject to adjustment as provided in Article 8 hereof) of $3.50 5.50 per share (the “Exercise Price” or “Purchase Price”), subject to the terms and conditions of this Agreement (the “Option”). Except as specifically otherwise provided herein, the Shares shall have the same terms and conditions as such securities are outstanding and as designated in the Company’s Certificate of Incorporation and any amendments thereto.