Common use of Certificates for the Clause in Contracts

Certificates for the. Firm Shares and the Optional Shares to be purchased by the Underwriters hereunder, and in such authorized denominations and registered in such names as the Underwriters may request upon at least forty- eight hours' prior notice to the Company, shall be delivered by or on behalf of the Company to the Underwriters, against payment by the Underwriters of the purchase price therefor by wire transfer or certified or official bank check or checks, payable to the order of the Company in immediately available funds, all at the offices of Brown & Wood llp, One World Trade Center, New York, New York 10048. The time and date of such delivery and payment shall be, with respect to the Firm Shares, 9:00 a.m., New York time, on April 3, 1998, or at such other time and date as you and the Company may agree upon in writing, and, with respect to the Optional Shares, 9:00 a.m., New York time, on the date specified by you in the written notice given by you of the Representatives' election to purchase such Optional Shares, or at such other time and date as you and the Company may agree upon in writing. Such time and date for delivery of the Firm Shares is herein called the "First Time of Delivery," such time and date for delivery of the Optional Shares, if not the First Time of Delivery, is herein called the "Second Time of Delivery," and each such time and date for delivery is herein called a "Time of Delivery." Such certificates will be made available for checking and packaging at least twenty- four hours prior to each Time of Delivery at the office of ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated, World Financial Center, North Tower, New York, New York 10281.

Certificates for the. Firm Shares and the Optional Shares to be purchased by the Underwriters Underwriter hereunder, and in such authorized denominations and registered in such names as the Underwriters Underwriter may request upon at least forty- eight hours' prior notice to the Company, shall be delivered by or on behalf of the Company to the UnderwritersUnderwriter, against payment by the Underwriters Underwriter of the purchase price therefor by wire transfer or certified or official bank check or checks, payable to the order of the Company in immediately available funds, all at the offices of Brown & Wood llp, One World Trade Center, New York, New York 10048. The time and date of such delivery and payment shall be, with respect to the Firm Shares, 9:00 a.m., New York time, on April 3November 13, 19981996, or at such other time and date as you and the Company may agree upon in writing, and, with respect to the Optional Shares, 9:00 a.m., New York time, on the date specified by you in the written notice given by you of the Representatives' Underwriter's election to purchase such Optional Shares, or at such other time and date as you and the Company may agree upon in writing. Such time and date for delivery of the Firm Shares is herein called the "First Time of Delivery," such time and date for delivery of the Optional Shares, if not the First Time of Delivery, is herein called the "Second Time of Delivery," and each such time and date for delivery is herein called a "Time of Delivery." Such certificates will be made available for checking and packaging at least twenty- twenty-four hours prior to each Time of Delivery at the office of ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated, World Financial Center, North Tower, New York, New York 10281.