Common use of Economic Risk Clause in Contracts

Economic Risk. The Subscriber understands and acknowledges that an investment in the Convertible Debentures involves a high degree of risk, including a possible total loss of investment. The Subscriber represents that it is able to bear the economic risk of the investment. In making this statement, the Subscriber hereby represents and warrants that the Subscriber has adequate means of providing for the Subscriber's current needs and contingencies; the Subscriber is able to afford to hold the Securities for an indefinite period and the Subscriber further represents that the Subscriber has such knowledge and experience in financial and business matters that the Subscriber is capable of evaluating the merits and risks of the investment in the Securities to be received by the Subscriber. Further, the Subscriber represents that it has no present need for liquidity in such Convertible Debentures.

Economic Risk. The Subscriber understands and acknowledges that an investment in the Convertible Debentures involves a high degree of risk, including a possible total loss of investment. The Subscriber represents that it is able to bear the economic risk of the investment. In making this statement, the Subscriber hereby represents and warrants that the Subscriber has adequate means of providing for the Subscriber's ’s current needs and contingencies; the Subscriber is able to afford to hold the Securities for an indefinite period and the Subscriber further represents that the Subscriber has such knowledge and experience in financial and business matters that the Subscriber is capable of evaluating the merits and risks of the investment in the Securities to be received by the Subscriber. Further, the Subscriber represents that it has no present need for liquidity in such Convertible Debentures.

Economic Risk. The Subscriber understands and acknowledges that an investment in the Convertible Debentures Common Stock and Warrants involves a high degree of risk, including a possible total loss of investment. The Subscriber represents that it is able to bear the economic risk of the investment. In making this statement, the Subscriber hereby represents and warrants that the Subscriber has adequate means of providing for the Subscriber's current needs and contingencies; the Subscriber is able to afford to hold the Securities for an indefinite period and the Subscriber further represents that the Subscriber has such knowledge and experience in financial and business matters that the Subscriber is capable of evaluating the merits and risks of the investment in the Securities to be received by the Subscriber. Further, the Subscriber represents that it has no present need for liquidity in such Convertible DebenturesCommon Stock and Warrants.

Economic Risk. The Subscriber understands and acknowledges that an investment in the Convertible Debentures and Warrants involves a high degree of risk, including a possible total loss of investment. The Subscriber represents that it is able to bear the economic risk of the investment. In making this statement, the Subscriber hereby represents and warrants that the Subscriber has adequate means of providing for the Subscriber's current needs and contingencies; the Subscriber is able to afford to hold the Securities for an indefinite period and the Subscriber further represents that the Subscriber has such knowledge and experience in financial and business matters that the Subscriber is capable of evaluating the merits and risks of the investment in the Securities to be received by the Subscriber. Further, the Subscriber represents that it has no present need for liquidity in such Convertible Debentures.

Economic Risk. The Subscriber understands and acknowledges that an investment in the Convertible Debentures Common Stock and Warrants involves a high degree of risk, including a possible total loss of investment. The Subscriber represents that it is able to bear the economic risk of the investment. In making this statement, the Subscriber hereby represents and warrants that the Subscriber has adequate means of providing for the Subscriber's ’s current needs and contingencies; the Subscriber is able to afford to hold the Securities for an indefinite period and the Subscriber further represents that the Subscriber has such knowledge and experience in financial and business matters that the Subscriber is capable of evaluating the merits and risks of the investment in the Securities to be received by the Subscriber. Further, the Subscriber represents that it has no present need for liquidity in such Convertible DebenturesCommon Stock and Warrants.