Common use of The Warrant Clause in Contracts

The Warrant. The Company hereby grants to the Holder a warrant attached hereto as Annex A (the “Warrant”) to purchase up to an aggregate of 10,000,000 post-split shares of the Class A Common Stock, $0.001 par value, of the Company (the “Common Stock”), at an exercise price of $0.001 per share. The shares of fully paid, duly authorized and non-assessable Common Stock issuable upon exercise of the Warrant are referred herein as the “Warrant Shares.” The number of shares of common stock to be acquired pursuant to the Warrant represents shares after the Company’s planned 1-for-300 reverse stock split to be effective on or about November 8, 2006. b.

The Warrant. The Company hereby grants to the Holder a warrant attached hereto as Annex A (the “Warrant”) to purchase up to an aggregate of 10,000,000 7,500,000 post-split shares of the Class A Common Stock, $0.001 par value, of the Company (the “Common Stock”), at an exercise price of $0.001 per share. The shares of fully paid, duly authorized and non-assessable Common Stock issuable upon exercise of the Warrant are referred herein as the “Warrant Shares.” The number of shares of common stock to be acquired pursuant to the Warrant represents shares after the Company’s planned 1-for-300 reverse stock split to be effective on or about November 8, 2006. b.

The Warrant. The Company hereby grants to the Holder a warrant attached hereto as Annex A (the “Warrant”) to purchase up to an aggregate of 10,000,000 8,000,000 post-split shares of the Class A Common Stock, $0.001 par value, of the Company (the “Common Stock”), at an exercise price of $0.001 per share. The shares of fully paid, duly authorized and non-assessable Common Stock issuable upon exercise of the Warrant are referred herein as the “Warrant Shares.” The number of shares of common stock to be acquired pursuant to the Warrant represents shares after the Company’s planned 1-for-300 reverse stock split to be effective on or about November 8, 2006. b.

The Warrant. The Company hereby grants to the Holder a warrant attached hereto as Annex A (the “Warrant”) to purchase up to an aggregate of 10,000,000 5,500,000 post-split shares of the Class A Common Stock, $0.001 par value, of the Company (the “Common Stock”), at an exercise price of $0.001 per share. The shares of fully paid, duly authorized and non-assessable Common Stock issuable upon exercise of the Warrant are referred herein as the “Warrant Shares.” The number of shares of common stock to be acquired pursuant to the Warrant represents shares after the Company’s planned 1-for-300 reverse stock split to be effective on or about November 8, 2006. b.

The Warrant. The Company hereby grants to the Holder a warrant attached hereto as Annex A (the “Warrant”) to purchase up to an aggregate of 10,000,000 4,000,000 post-split shares of the Class A Common Stock, $0.001 par value, of the Company (the “Common Stock”), at an exercise price of $0.001 per share. The shares of fully paid, duly authorized and non-assessable Common Stock issuable upon exercise of the Warrant are referred herein as the “Warrant Shares.” The number of shares of common stock to be acquired pursuant to the Warrant represents shares after the Company’s planned 1-for-300 reverse stock split to be effective on or about November 8, 2006. b.