Common use of Executive Status Clause in Contracts

Executive Status. At the time such Executive was offered the Securities, she was, and at the date hereof she is, an “accredited investor” as defined in Rule 501(a) under the Securities Act. Such Executive is not required to be registered as a broker dealer under Section 15 of the Exchange Act.

Executive Status. At the time such Executive was offered the Securities, she he was, and at the date hereof she he is, an “accredited investor” as defined in Rule 501(a) under the Securities Act. Such Executive is not required to be registered as a broker dealer under Section 15 of the Exchange Act.