Common use of Sale and Issuance of Common Stock Clause in Contracts

Sale and Issuance of Common Stock. The Company shall sell to each --------------------------------- Investor and each Investor shall purchase from the Company, on the date of the Closing (as defined in Section 1.2 below), at a price per share equal to the Formula Price (as defined in Section 1.3 below), that number of shares of Common Stock equal to the quotient of dollar value of such Investor's investment as indicated on Schedule A divided by the Formula Price, as defined below (the "Shares").

Sale and Issuance of Common Stock. The Company shall sell to each the --------------------------------- Investor and each the Investor shall purchase from the Company, on the date of the Closing (as defined in Section 1.2 below), at a price per share equal to the Formula Price (as defined in Section 1.3 below), that number of shares of Common Stock equal to the quotient of dollar value of such Investor's investment as indicated on Schedule A $625,000 divided by the Formula Price, as defined below Price (the "Shares").

Sale and Issuance of Common Stock. The Company shall sell to each the --------------------------------- Investor and each the Investor shall purchase from the Company, on the date of the Closing (as defined in Section 1.2 below), at a price per share equal to the Formula Price (as defined in Section 1.3 below), that number of shares of Common Stock equal to the quotient of dollar value of such Investor's investment as indicated on Schedule A $250,000 divided by the Formula Price, as defined below Price (the "Shares").

Sale and Issuance of Common Stock. The Company shall sell to each the --------------------------------- Investor and each the Investor shall purchase from the Company, on the date of the Closing (as defined in Section 1.2 below), at a price per share equal to the Formula Price (as defined in Section 1.3 below), that number of shares of Common Stock equal to the quotient of dollar value of such Investor's investment as indicated on Schedule A $20,000,000 divided by the Formula Price, as defined below Price (the "Shares").

Sale and Issuance of Common Stock. The Company shall sell to each --------------------------------- the Investor and each the Investor shall purchase from the Company, on the date of the Closing (as defined in Section 1.2 below), at a price per share equal to the Formula Price (as defined in Section 1.3 below), that number of shares of Common Stock equal to the quotient of dollar value of such Investor's investment as indicated on Schedule A $1,500,000 divided by the Formula Price, as defined below Price (the "Shares").

Sale and Issuance of Common Stock. The Company shall sell to each the --------------------------------- Investor and each the Investor shall purchase from the Company, on the date of the Closing (as defined in Section 1.2 below), at a price per share equal to the Formula Price (as defined in Section 1.3 below), that number of shares of Common Stock equal to the quotient of dollar value of such Investor's investment as indicated on Schedule A $7,500,000 divided by the Formula Price, as defined below Price (the "Shares").

Sale and Issuance of Common Stock. The Company shall sell to each the --------------------------------- Investor and each the Investor shall purchase from the Company, on the date of the Closing (as defined in Section 1.2 below), at a price per share equal to the Formula Price (as defined in Section 1.3 below), that number of shares of Common Stock equal to the quotient of dollar value of such Investor's investment as indicated on Schedule A $10,000,000 divided by the Formula Price, as defined below Price (the "Shares").

Sale and Issuance of Common Stock. The Company shall sell to each the --------------------------------- Investor and each the Investor shall purchase from the Company, on the date of the Closing (as defined in Section 1.2 below), at a price per share equal to the Formula Price (as defined in Section 1.3 below), that number of shares of Common Stock equal to the quotient of dollar value of such Investor's investment as indicated on Schedule A $125,000 divided by the Formula Price, as defined below Price (the "Shares").