On the date hereof (the “ Closing Date ”),  upon the terms and subject to the conditions set forth herein,  the Company agrees to sell, and the Purchasers, severally and not jointly, agree to purchase,  an aggregate of $56,000,000 of Shares as set forth on their respective signature pages to this Agreement.  On the Closing Date, the Company shall cause the Transfer Agent to deliver to each Purchaser the number of Shares set forth on the applicable signature page under said Purchaser’s name registered in the name of said Purchaser or, if so indicated, in the name of a nominee designated by said Purchaser, with delivery being made as described in Section 2.2.