Common use of Economic Risk Clause in Contracts

Economic Risk. SOPHISTICATION. Shareholders are able to bear the economic risk of an investment in Pentegra Common Stock acquired pursuant to this Agreement and can afford to sustain a total loss of such investment and have such knowledge and experience in financial and business matters that they are capable of evaluating the merits and risks of the proposed investment and therefore have the capacity to protect their own interests in connection with the acquisition of the Pentegra Common Stock. Shareholders and their representatives have had an adequate opportunity to ask questions and receive answers from the officers of Pentegra concerning any and all matters relating to the background and experience of the officers and directors of Pentegra, the plans for the operations of the business of Pentegra, and any plans for additional acquisitions and the like. Shareholders and their representatives have asked any and all questions in the nature described in the preceding sentence and all questions have been answered to their satisfaction. Shareholders are "accredited investors" as defined in Regulation D of the Securities Act of 1933, as amended.

Economic Risk. SOPHISTICATION. Shareholders are able to bear the economic risk of an investment in Pentegra Common Stock acquired pursuant to this Agreement and can afford to sustain a total loss of such investment and have such knowledge and experience in financial and business matters that they are capable of evaluating the merits and risks of the proposed investment and therefore have the capacity to protect their own interests in connection with the acquisition of the Pentegra Common Stock. Shareholders and their representatives have had an adequate opportunity to ask questions and receive answers from the officers of Pentegra concerning any and all matters relating to the background and experience of the officers and directors of Pentegra, the plans for the operations of the business of Pentegra, and any plans for additional acquisitions and the like. Shareholders and their representatives have asked any and all questions in the nature described in the preceding sentence and all questions have been answered to their satisfaction. Shareholders are "accredited investorsinvestor" as defined in Regulation D of the Securities Act of 1933, as amended.