Common use of Initial Subscriptions Clause in Contracts

Initial Subscriptions. During the Subscription Period (as defined below), DHI was entitled to sell shares of FSA common stock (“Program Shares”) to directors of FSA (individually, a “Participant” and, collectively, the “Participants”) for a purchase price, payable in cash, of U.S. $76.00 per share; provided, however, that (a) the Subscription Period commenced on September 4, 2000, and terminated on the date 30 days thereafter; (b) each Participant could subscribe for up to U.S. $10 million of Program Shares (131,578 Program Shares); (c) such subscriptions for Program Shares were made by submission to FSA of a duly completed Subscription Application, substantially in the form of Exhibit A to the Initial Agreement; (d) Program Shares were required to be delivered to Participants against receipt of payment; (e) if payment for any Program Shares was not received by DHI within 5 business days after the expiration of the Subscription Period, then the related subscription would be null and void; and (f) initial subscriptions for a specified dollar amount of Program Shares at $76.00 per share under the Initial Agreement shall be revised, upon the consent of the subscribers to this Agreement, to represent subscriptions (pursuant to Subscription Applications in the form of Exhibit A hereto) for the same dollar amount (rounded up to the nearest whole number of shares, with a limit of 126,958 shares) at $78.766 per share effective from inception in accordance with this Agreement.

Initial Subscriptions. During the Subscription Period (as defined below), DHI was entitled to sell shares of FSA common stock (“"Program Shares”") to directors of FSA (individually, a “"Participant” " and, collectively, the “"Participants”") for a purchase price, payable in cash, of U.S. $76.00 per share; provided, however, that (a) the Subscription Period commenced on September 4, 2000, and terminated on the date 30 days thereafter; (b) each Participant could subscribe for up to U.S. $10 million of Program Shares (131,578 Program Shares); (c) such subscriptions for Program Shares were made by submission to FSA of a duly completed Subscription Application, substantially in the form of Exhibit A to the Initial Agreement; (d) Program Shares were required to be delivered to Participants against receipt of payment; (e) if payment for any Program Shares was not received by DHI within 5 business days after the expiration of the Subscription Period, then the related subscription would be null and void; and (f) initial subscriptions for a specified dollar amount of Program Shares at $76.00 per share under the Initial Agreement shall be revised, upon the consent of the subscribers to this Agreement, to represent subscriptions (pursuant to Subscription Applications in the form of Exhibit A hereto) for the same dollar amount (rounded up to the nearest whole number of shares, with a limit of 126,958 shares) at $78.766 per share effective from inception in accordance with this Agreement.