Common use of Purchase and Sale of Option Clause in Contracts

Purchase and Sale of Option. The company hereby issues to --------------------------- Employee the non-transferable right and option ("Option") to purchase up to 352 shares (subject to adjustment as set forth herein) of its Common Stock at a purchase price of $.10 per share without commission or other charge pursuant to the terms hereof. The shares of Common Stock issuable an the exercise of the option are referred to herein as the "Option Shares."

Purchase and Sale of Option. The company hereby issues to --------------------------- Employee the non-transferable right and option ("Option") to purchase up to 352 176 shares (subject to adjustment as set forth herein) of its Common Stock at a purchase price of $.10 per share without commission or other charge pursuant to the terms hereof. The shares of Common Stock issuable an the exercise of the option are referred to herein as the "Option Shares."