name / content / group

content: 497661

name: Option

OPTION. The Company hereby grants Optionee an option ("Option") to purchase Five Hundred Thousand (500,000) shares of Common Stock (the "Option Stock") for Two and 50/100 Dollars (2.50) per share ("Option Price"), subject to adjustment as hereinafter provided. Except as otherwise provided herein, the Option shall become exercisable in accordance with Section 3 hereof and, unless sooner terminated pursuant to this Agreement, shall remain exercisable until 5:00 p.m. Eastern Time on September 30, 2002 ("Exercise Period").
OPTION. The Company hereby grants Optionee an option ("Option") to purchase Five Hundred Thousand (500,000) shares of Common Stock (the "Option Stock") for Two and 50/100 Dollars ($2.50) per share ("Option Price"), subject to adjustment as hereinafter provided. Except as otherwise provided herein, the Option shall become exercisable in accordance with Section 3 hereof and, unless sooner terminated pursuant to this Agreement, shall remain exercisable until 5:00 p.m. Eastern Time on September 30, 2002 ("Exercise Period").