Common use of Shares Offered Clause in Contracts

Shares Offered. The Company proposes to issue and sell to the Underwriters an aggregate of 1,600,000 shares of its authorized and unissued common stock, $0.01 par value per share (the "Common Stock") (the "Firm Shares"). The Selling Stockholder proposes to grant to the Underwriters an Option (hereinafter defined) to purchase up to an additional aggregate of 240,000 shares (the "Option Shares") of Common Stock on the terms and for the purposes set forth in Section 4(b) hereof. The Firm Shares and the Option Shares are hereinafter sometimes together called the "Shares."

Shares Offered. The Company proposes to issue and sell to the Underwriters an aggregate of 1,600,000 2,000,000 shares of its authorized and unissued common stock, $0.01 par value per share (the "Common Stock") ), and the Selling Stockholder proposes to sell to the Underwriters an aggregate of 850,000 issued and outstanding shares of Common Stock (collectively, the "Firm Shares"). The Selling Stockholder also proposes to grant to the Underwriters an Option (hereinafter defined) to purchase up to an additional aggregate of 240,000 427,500 shares (the "Option Shares") of Common Stock on the terms and for the purposes set forth in Section 4(b) hereof. The Firm Shares and the Option Shares are hereinafter sometimes together called the "Shares."

Shares Offered. The Company proposes to issue and sell to the Underwriters an aggregate of 1,600,000 2,125,000 shares of its authorized and unissued common stock, $0.01 .01 par value per share (the "Common Stock") ), and the Selling Stockholder proposes to sell to the Underwriters an aggregate of 375,000 issued outstanding shares of Common Stock (collectively, the "Firm Shares"). The Selling Stockholder Company also proposes to grant to the Underwriters an Option (hereinafter defined) to purchase up to an additional aggregate of 240,000 375,000 shares (the "Option Shares") of its authorized and unissued Common Stock on the terms and for the purposes set forth in Section 4(b) hereof. The Firm Shares and the Option Shares are hereinafter sometimes together called the "Shares."

Shares Offered. The Company proposes to issue and sell to the Underwriters an aggregate of 1,600,000 750,000 shares of its authorized and unissued common stock, $0.01 no par value per share (the "Common Stock") ), and the Selling Shareholders propose to sell to the Underwriters an aggregate of 250,000 issued and outstanding shares of Common Stock (collectively, the "Firm Shares"). The Selling Stockholder Company also proposes to grant to the Underwriters an Option (hereinafter defined) to purchase up to an additional aggregate of 240,000 150,000 shares (the "Option Shares") of its authorized and unissued Common Stock on the terms and for the purposes set forth in Section 4(b) hereof. The Firm Shares and the Option Shares are hereinafter sometimes together called the "Shares."