Common use of Initial Awards Clause in Contracts

Initial Awards. The Company and the Executive have previously entered into a Share Purchase Option Agreement, covering 10,000 voting common shares of the Company, par value US$0.10 (the "Common Stock"), in the form attached hereto as Exhibit A (the "Option Agreement"), and a Restricted Share Grant Agreement, covering 10,000 shares of Common Stock, in the form attached hereto as Exhibit B (the "Share Agreement").

Initial Awards. The Company and the Executive have previously entered into a Share Purchase Option Agreement, covering 10,000 voting 253,139 common shares of the Company, par value US$0.10 (the "Common Stock"), in the form attached hereto as Exhibit A (the "Option Agreement"), and a Restricted Share Grant Agreement, covering 10,000 such grant representing 1.5% of the outstanding shares of Common StockStock as of November 20, in the form attached hereto as Exhibit B (the "Share Agreement")2001.