Common use of Information on Investor Clause in Contracts

Information on Investor. The Investor is, and will be at the time of issuance of the Closing Securities, an "accredited investor", as such term is defined in Rule 501(a) of Regulation D promulgated by the Commission under the 1933 Act and as set forth on Schedule 1 and Attachment A hereto, is experienced in investments and business matters, has made investments of a speculative nature and has purchased securities of United States publicly-owned companies in private placements in the past and has such knowledge and experience in financial, tax and other business matters as to enable the Investor to utilize the information made available by the Company to evaluate the merits and risks of and to make an informed investment decision with respect to the proposed purchase, which represents a speculative investment. The Investor is not a broker-dealer under Section 15 of the Securities Exchange Act of 1934, as amended (the "1934 Act") or an officer, director or affiliate of the Company. The Investor has or had a business relationship with the Company and/or Placement Agent prior any solicitation of the Securities being offered hereby, and was initially solicited to purchase the Securities by the Placement Agent, which is the manner in which it became aware of the Offering of the Securities. The Investor has the authority and is duly and legally qualified to purchase and own the Securities. The Investor is able to bear the risk of such investment for an indefinite period and to afford a complete loss thereof. The information set forth on the signature page hereto regarding the Investor is accurate. The information set forth in Schedule 1 hereto is correct in all respects.

Information on Investor. The Investor is, and will be at the time of issuance of the Closing Securities, an "accredited investor", as such term is defined in Rule 501(a) of Regulation D promulgated by the Commission under the 1933 Act and as set forth on Schedule 1 and Attachment A hereto, is experienced in investments and business matters, has made investments of a speculative nature and has purchased securities of United States publicly-owned companies in private placements in the past and has such knowledge and experience in financial, tax and other business matters as to enable the Investor to utilize the information made available by the Company to evaluate the merits and risks of and to make an informed investment decision with respect to the proposed purchase, which represents a speculative investment. The Investor is not a broker-dealer under Section 15 of the Securities Exchange Act of 1934, as amended (the "1934 Act") or an officer, director or affiliate of the Company. The Investor has or had a business relationship with the Company and/or Placement Agent prior any solicitation of the Securities being offered hereby, and was initially solicited to purchase the Securities by the Placement Agent, which is the manner in which it became aware of the Offering of the Securities. The Investor has the authority and is duly and legally qualified to purchase and own the Securities. The Investor is able to bear the risk of such investment for an indefinite period and to afford a complete loss thereof. The information set forth on the signature page hereto regarding the Investor is accurate. The information set forth in Schedule 1 hereto is correct in all respects.

Information on Investor. The Investor is, and will be at the time of issuance of the Closing Securities, an "accredited investor", as such term is defined in Rule 501(a) of Regulation D promulgated by the Commission under the 1933 Act and as set forth on Schedule 1 and Attachment A hereto, is experienced in investments and business matters, has made investments of a speculative nature and has purchased securities of United States publicly-owned companies in private placements in the past and has such knowledge and experience in financial, tax and other business matters as to enable the Investor to utilize the information made available by the Company to evaluate the merits and risks of and to make an informed investment decision with respect to the proposed purchase, which represents a speculative investment. The Investor is not a broker-dealer under Section 15 of the Securities Exchange Act of 1934, as amended (the "1934 Act") or an officer, director or affiliate of the Company. The Investor has or had a business relationship with the Company and/or Placement Agent prior any solicitation of the Securities being offered hereby, and was initially solicited to purchase the Securities by the Placement Agent, which is the manner in which it became aware of the Offering of the Securities. The Investor has the authority and is duly and legally qualified to purchase and own the Securities. The Investor is able to bear the risk of such investment for an indefinite period and to afford a complete loss thereof. The information set forth on the signature page hereto regarding the Investor is accurate. The information set forth in Schedule 1 hereto is correct in all respects. The information set forth in the Selling Stockholder Questionnaire attached hereto as Schedule 2 is, and will be on the Closing Date, true, accurate and complete.