Common use of Form SB-2 Clause in Contracts

Form SB-2. The Company has filed with the Commission on January 20, 1998 a registration statement on Form SB-2 (the "FORM SB-2") pursuant to the Exchange Act. The Company shall use its best efforts to amend the Form SB-2 in order to include the resale of the Underlying Securities thereunder as soon as possible but in no event later than the 20th day after the Closing Date and shall take all commercially reasonable steps necessary to cause such Form SB-2 to be declared effective as soon as possible thereafter but in no event later than the 50th day after the Closing Date, and shall provide to the Purchaser evidence of such filing and effectiveness.

Form SB-2. The Company has filed with the Commission on January 20, 1998 a registration statement on Form SB-2 (the "FORM SB-2") pursuant to the Exchange Act. The Company shall use its best efforts to amend the Form SB-2 in order to include the resale of the Underlying Securities thereunder as soon as possible but in no event later than the 20th day after the Closing Date and shall take all commercially reasonable steps necessary to cause such Form SB-2 to be declared effective as soon as possible thereafter but in no event later than the 50th day after the Closing Date, and shall provide to the Purchaser Purchasers evidence of such filing and effectiveness.

Form SB-2. The Company has filed with the Commission on January 20, 1998 a registration statement on Form SB-2 (the "FORM SB-2") pursuant to the Exchange Act. The Company shall use its best efforts to amend the Form SB-2 in order to include the resale of the Underlying Securities thereunder as soon as possible but in no event later than the 20th 30th day after the Closing Date and shall take all commercially reasonable steps necessary to cause such Form SB-2 to be declared effective as soon as possible thereafter but in no event later than the 50th 60th day after the Closing Date, and shall provide to the Purchaser evidence of such filing and effectiveness.