Common use of Purchase of the Stock by the Underwriters Clause in Contracts

Purchase of the Stock by the Underwriters. On the basis of the ----------------------------------------- representations and warranties contained in, and subject to the terms and conditions of, this Agreement, the Company agrees to sell to the Underwriters, and the Underwriters, severally and not jointly, agree to purchase the number of shares of the Firm Stock set forth opposite that Underwriter's name in Schedule I hereto from the Company. In addition, the ---------- Company grants to the Underwriters, solely for the purpose of covering over-allotments in the sale of the Firm Stock, an option to purchase all or any portion of the Option Stock exercisable as provided in section 5 hereof. The purchase price of both the Firm Stock and the Option Stock to be paid by the Underwriters to the Company shall be $ per share. The Underwriters are to make a public offering of the Firm Stock and such of the Option Stock as the Underwriters may determine on or as soon after the Effective Date as the Underwriters deem it advisable for the Underwriters to so do. The Stock is to be initially offered to the public at the public offering price set forth on the cover page of the Prospectus (such price being hereinafter called the "public offering price"). The Underwriters may from time to time increase or decrease the public offering price after the initial public offering to such extent as the Underwriters, in their sole discretion, deem advisable. The Underwriters may enter into one or more agreements as the Underwriters, in their sole discretion deem advisable, with one or more broker-dealers who shall act as dealers in connection with such public offering.

Purchase of the Stock by the Underwriters. On the basis of the ----------------------------------------- representations and warranties contained in, and subject to the terms and conditions of, this Agreement, the Company agrees to sell the Firm Stock to the Underwriters, and each of the Underwriters, severally and not jointly, agree agrees to purchase the number of shares of the Firm Stock set forth opposite that Underwriter's name in Schedule I hereto from the Companyhereto. In addition, the ---------- Company grants to the Underwriters, solely for the purpose of covering over-allotments in the sale of the Firm Stock, an option to purchase all or any portion of the Option Stock exercisable as provided in section 5 Section 4 hereof. Shares of Option Stock shall be purchased severally for the account of each Underwriter in the proportion that the number of shares of Firm Stock set forth opposite the name of such Underwriter in Schedule I hereto bears to the total number of shares of the Firm Stock to be purchased by the Underwriters pursuant to this Agreement, except that the respective purchase obligations of each Underwriter shall be adjusted so that no Underwriter shall be obligated to purchase Option Stock other than in full share amounts. The purchase price of both the Firm Stock and the Option Stock to be paid by the Underwriters to the Company shall be $ $______ per share. The Underwriters are to make a public offering of the Firm Stock and such of the Option Stock as the Underwriters may determine on or as soon after the Effective Date as the Underwriters deem it advisable for the Underwriters so to so do. The Stock is to be initially offered to the public at the public offering price set forth on the cover page of the Prospectus (such price being hereinafter called the "public offering price"). The Underwriters may from time to time increase or decrease the public offering price after the initial public offering to such extent as the Underwriters, in their sole discretion, deem advisable. The Underwriters may enter into one or more agreements as the Underwriters, in their sole discretion deem advisable, with one or more broker-dealers who shall act as dealers in connection with such public offering.

Purchase of the Stock by the Underwriters. On the basis of the ----------------------------------------- representations and warranties contained in, and subject to the terms and conditions of, this Agreement, the Company agrees to sell the Firm Stock to the Underwriters, and each of the Underwriters, severally and not jointly, agree agrees to purchase the number of shares of the Firm Stock set forth opposite that Underwriter's name in Schedule I hereto from the Companyhereto. In addition, the ---------- Company grants to the Underwriters, solely for the purpose of covering over-allotments in the sale of the Firm Stock, an option to purchase all or any portion of the Option Stock exercisable as provided in section 5 Section 4 hereof. Shares of Option Stock shall be purchased severally for the account of each Underwriter in the proportion that the number of shares of Firm Stock set forth opposite the name of such Underwriter in Schedule I hereto bears to the total number of shares of the Firm Stock to be purchased by the Underwriters pursuant to this Agreement, except that the respective purchase obligations of each Underwriter shall be adjusted so that no Underwriter shall be obligated to purchase Option Stock other than in full share amounts. The purchase price of both the Firm Stock and the Option Stock to be paid by the Underwriters to the Company shall be $ $_______ per share. The Underwriters are to make a public offering of the Firm Stock and such of the Option Stock as the Underwriters they may determine on or as soon after the Effective Date as the Underwriters you deem it advisable for the Underwriters them so to so do. The Stock is to be initially offered to the public at the public offering price set forth on the cover page of the Prospectus (such price being hereinafter called the "public offering price"). The Underwriters You may from time to time increase or decrease the public offering price after the initial public offering to such extent as the Underwritersyou, in their your sole discretion, deem advisable. The Underwriters You may enter into one or more agreements as the Underwritersyou, in their your sole discretion deem advisable, with one or more broker-dealers who shall act as dealers in connection with such public offering.