Common use of Number of Shares and Option Price Clause in Contracts

Number of Shares and Option Price. Pursuant to the action of the Committee, which action was effective on November 10, 2011 (the “Date of Grant”), the Optionee is hereby granted a non-qualified stock option (the “Option”) to purchase seventy five thousand (75,000) shares of the Company’s common stock, par value $0.01 per share (the “Option Shares”), at the purchase price of Fifty-One Cents ($0.51) per share (the “Option Price”). The Option Price is equal to or greater than the price at which the Company’s common stock was last sold as quoted on the Pink Sheets of the OTC on the Date of Grant.

Number of Shares and Option Price. Pursuant to the action of the Committee, which action was effective on November 10October 3, 2011 2012 (the “Date of Grant”), the Optionee is hereby granted a non-qualified stock option (the “Option”) to purchase seventy five two hundred thousand (75,000200,000) shares of the Company’s common stock, par value $0.01 per share stock (the “Option Shares”), at the purchase price of Fifty-One Sixty Cents ($0.510.60) per share (the “Option Price”). The Option Price is equal to or greater than the price at which the Company’s common stock was last sold as quoted on the Pink Sheets of the OTC on the Date of Grant.

Number of Shares and Option Price. Pursuant to the action of the Committee, which action was effective on November 10March 13, 2011 2013 (the “Date of Grant”), the Optionee is hereby granted a non-qualified stock option (the “Option”) to purchase two hundred seventy five thousand (75,000275,000) shares of the Company’s common stock, par value $0.01 per share stock (the “Option Shares”), at the purchase price of Fifty-One Three Cents ($0.510.53) per share (the “Option Price”). The Option Price is equal to or greater than the price at which the Company’s common stock was last sold as quoted on the Pink Sheets of the OTC on the Date of Grant.

Number of Shares and Option Price. Pursuant to the action of the Committee, which action was effective on November 10March 8, 2011 2012 (the “Date of Grant”), the Optionee is hereby granted a non-qualified stock option (the “Option”) to purchase seventy one million five hundred thousand (75,0001,500,000) shares of the Company’s 's common stock, par value $0.01 per share stock (the “Option Shares”), at the purchase price of FiftySixty-One Three Cents ($0.510.63) per share (the “Option Price”). The Option Price is equal to or greater than the price at which the Company’s 's common stock was last sold as quoted on the Pink Sheets of the OTC on the Date of Grant.

Number of Shares and Option Price. Pursuant to the action of the Committee, which action was effective on November 10March 8, 2011 2012 (the “Date of Grant”), the Optionee is hereby granted a non-qualified stock option (the “Option”) to purchase seventy five fifty thousand (75,00050,000) shares of the Company’s 's common stock, par value $0.01 per share stock (the “Option Shares”), at the purchase price of FiftySixty-One Three Cents ($0.510.63) per share (the “Option Price”). The Option Price is equal to or greater than the price at which the Company’s 's common stock was last sold as quoted on the Pink Sheets of the OTC on the Date of Grant.