Common use of The Fee Clause in Contracts

The Fee. 3.1 The Company shall pay Agent cash fee equal to 10.00% of the gross proceeds of the Offering (the "Cash Fee"} as received by the Company from Agent's Proposed Investors. The Company shall also issue the Agent a warrant to purchase a number of the Company's common shared equal to 7.00% of the gross proceeds of the Offering (the "Warrant") as received by the Company from Agent's Proposed Investors. The Warrant shall have an exercise price equal to the closing bid price of the Company's common shares on the prior trading date to the Closing (the "Strike Price").

The Fee. 3.1 The Company shall pay Agent a cash fee equal to 10.006.00% of the gross proceeds of the Offering (the "“Cash Fee"} ”) as received by the Company from Agent's ’s Proposed Investors. The Company shall also issue the Agent a warrant to purchase a number of the Company's ’s common shared shares equal to 7.006.00% of the gross proceeds of the Offering (the "“Warrant"”) as received by the Company from Agent's ’s Proposed Investors. The Warrant shall have an exercise price equal to the closing bid price of paid for the Company's common shares on stock by the prior trading date to the Closing Agent’s investor (the "“Strike Price"”).

The Fee. 3.1 The Company shall pay Agent a cash fee equal to 10.00% of the gross proceeds of the Offering (the "Cash Fee"} ) as received by the Company from Agent's Proposed Investors. The Company shall also issue the Agent a one common stock purchase warrant for each $10.00 worth of Notes sold to Investors introduced to the Company by Agent. Each warrant will be excercisable to purchase a number one share of the Company's common shared equal to 7.00% of the gross proceeds of the Offering stock until December 31, 2005 at a price equaling $1.00 per share (the "Warrant") as received by the Company from Agent's Proposed Investors. The Warrant shall have an exercise price equal to the closing bid price of the Company's common shares on the prior trading date to the Closing (the "Strike PriceWarrants").

The Fee. 3.1 The Company shall pay Agent a cash fee equal to 10.00% of the gross proceeds of the Offering (the "Cash Fee"} ) as received by the Company from Agent's Proposed Investors. The Company shall also issue the Agent a warrant to purchase a number of the Company's common shared shares equal to 7.0010.00% of the gross proceeds of the Offering (the "Warrant") as received by the Company from Agent's Proposed Investors. The Warrant shall have an exercise price equal to the lesser of the closing bid price of the Company's common shares stock on the day prior trading date to the Closing or the price paid by Investor (the "Strike Price").