Common use of Issuance of Warrant; Term Clause in Contracts

Issuance of Warrant; Term. For and in consideration of SIRROM CAPITAL CORPORATION making a loan to the Company in an amount of One Million Five Hundred Thousand and no/100ths Dollars ($1,500,000) pursuant to the terms of a secured promissory note of even date herewith (the "Note") and related loan agreement of even date herewith (the "Loan Agreement"), and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Holder the right to purchase 5,429 shares ("Base Amount") of the Company's common stock (the "Common Stock"), provided that in the event that any portion of the indebtedness evidenced by the Note is outstanding on the following dates, the Base Amount shall be increased to the corresponding number set forth below: DATE BASE AMOUNT -------------------- --------------------- May 13, 1999 7,239 shares May 13, 2000 9,085 shares May 13, 2001 10,967 shares The shares of Common Stock issuable upon exercise of this Warrant are hereinafter referred to as the "Shares." This Warrant shall be exercisable at any time and from time to time from the date hereof until June 30, 2001.

Issuance of Warrant; Term. For and in consideration of SIRROM CAPITAL CORPORATION making a loan to the Company in an amount of One Million Five Hundred Thousand SIX MILLION and no/100ths no/l00ths Dollars ($1,500,0006,000,000) pursuant to the terms of a secured promissory note of even date herewith (the "Note") and related loan agreement of even date herewith (the "Loan Agreement"), and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Holder the right to purchase 5,429 250,000 shares ("Base Amount") of the Company's common stock (the "Common Stock"), provided that in the event that any portion of the indebtedness evidenced by the Note is outstanding on the following dates, the Base Amount shall be increased to the corresponding number set forth below: DATE BASE AMOUNT -------------------- --------------------- May 13-------------- ----------------- March 31, 1999 7,239 325,000 shares May 13March 31, 2000 9,085 400,000 shares May 13March 31, 2001 10,967 475,000 shares March 31, 2002 550,000 shares March 31, 2003 625,000 shares The shares of Common Stock issuable upon exercise of this Warrant are hereinafter referred to as the "Shares." This Warrant shall be exercisable at any time and from time to time from the date hereof until June 30May 31, 20012003 (the "Expiration Date").

Issuance of Warrant; Term. For and in consideration of SIRROM CAPITAL CORPORATION XXXXX RIVER VENTURES LIMITED PARTNERSHIP, making a loan to the Company in an amount of One Million Five Hundred Thousand and no/100ths Dollars ($1,500,000500,000) pursuant to the terms of a secured promissory note of even date herewith (the "Note") and related loan agreement of even date herewith (the "Loan Agreement"), and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Holder the right to purchase 5,429 1,810 shares ("Base Amount") of the Company's common stock (the "Common Stock"), provided that in the event that any portion of the indebtedness evidenced by the Note is outstanding on the following dates, the Base Amount shall be increased to the corresponding number set forth below: DATE BASE AMOUNT -------------------- --------------------- ------------ ----------------- May 13, 1999 7,239 2,413 shares May 13, 2000 9,085 3,028 shares May 13, 2001 10,967 3,656 shares The shares of Common Stock issuable upon exercise of this Warrant are hereinafter referred to as the "Shares." This Warrant shall be exercisable at any time and from time to time from the date hereof until June 30, 2001.

Issuance of Warrant; Term. For and in consideration of SIRROM CAPITAL CORPORATION making a loan to purchasing from the Company its debenture due March 27, 2004, in an the initial principal amount of One Four Million Five Hundred Thousand and no/100ths Dollars ($1,500,000the "Debenture") pursuant to the terms of a secured promissory note Debenture Purchase Agreement of even date herewith (the "Note") and related loan agreement of even date herewith (the "Loan Debenture Purchase Agreement"), and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Holder the right to purchase 5,429 166,410 shares ("Base Amount") of the Company's common stock stock, par value $.10 per share (the "Common Stock"), provided that in which the event that any portion Company represents to equal five percent (5%) of the indebtedness evidenced by the Note is shares of capital stock outstanding on the following dates, the Base Amount shall be increased day immediately prior to the corresponding number set forth below: DATE BASE AMOUNT -------------------- --------------------- May 13date hereof, 1999 7,239 calculated on a fully diluted basis, excluding the shares May 13, 2000 9,085 shares May 13, 2001 10,967 shares of Common Stock issuable upon conversion of the Series A Convertible Preferred Stock of the Company issued and sold to Sirrom Capital Corporation on the date hereof and assuming exercise of this Warrant ("Base Amount"). The shares of Common Stock issuable upon exercise of this Warrant are hereinafter referred to as the "Shares." This Warrant shall be exercisable at any time and from time to time from the date hereof until June 30March 27, 20012004.