Common use of Authorization of Additional Shares Clause in Contracts

Authorization of Additional Shares. FFI agrees to cause authorization of an additional 17,000,000 shares (the "Additional Shares") of Common Stock (such that the total authorized shares of Common Stock, $.025 par value, shall be increased to 35,000,000) to be placed on the agenda and proxy statement for a Special Meeting or the 2001 Annual Meeting, whichever occurs first. At the Special Meeting or the 2001 Annual Meeting, each Shareholder agrees (pursuant to Florida Statute ss. 607.0731) to vote all of the shares of Common Stock then owned (beneficially or otherwise) by such Shareholder and all such shares as to which such Shareholder is then entitled to exercise voting power in favor of authorization of the Additional Shares.

Authorization of Additional Shares. FFI agrees to cause authorization of an additional 17,000,000 shares (the "Additional Shares") of Common Stock (such that the total authorized shares of Common Stock, $.025 par value, shall be increased to 35,000,000) to be placed on the agenda and proxy statement for a Special Meeting or the 2001 Annual Meeting, whichever occurs first. At the Special Meeting or the 2001 Annual Meeting, each Shareholder agrees (pursuant to Florida Statute ss. Section 607.0731) to vote all of the shares of Common Stock then owned (beneficially or otherwise) by such Shareholder and all such shares as to which such Shareholder is then entitled to exercise voting power in favor of authorization of the Additional Shares.