Common use of Information on Subscriber Clause in Contracts

Information on Subscriber. The Subscriber is as of the date hereof an “accredited investor”, as such term is defined in Regulation D promulgated by the Commission under the 1933 Act, 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, with its representatives, has such knowledge and experience in financial, tax and other business matters as to enable the Subscriber 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. The Subscriber acknowledges that an investment in the Securities represents a speculative investment. The Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss of the investment. The information set forth on the signature page hereto regarding the Subscriber is true and correct.

Information on Subscriber. The Subscriber is as of the date hereof an “"accredited ------------------------- investor”", as such term is defined in Regulation D promulgated by the Commission under the Securities Act of 1933, as amended (the "1933 Act"), 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, with its representatives, has such knowledge and experience in financial, tax and other business matters as to enable the Subscriber to utilize the information made available by the Company to evaluate the merits and risks of, of and to make an informed investment decision with respect to, to the proposed purchase. The Subscriber acknowledges that an investment in the Securities , which represents a speculative investment. The Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss of the investmentthereof. The information set forth on the signature page hereto regarding the Subscriber is true and correctaccurate.

Information on Subscriber. The Subscriber is as of the date hereof an “"accredited --------------------------- investor”", as such term is defined in Regulation D promulgated by the Commission under the Securities Act of 1933, as amended (the "1933 Act"), 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, with its representatives, has such knowledge and experience in financial, tax and other business matters as to enable the Subscriber to utilize the information made available by the Company to evaluate the merits and risks of, of and to make an informed investment decision with respect to, to the proposed purchase. The Subscriber acknowledges that an investment in the Securities , which represents a speculative investment. The Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss of the investmentthereof. The information set forth on the signature page hereto regarding the Subscriber is true and correctaccurate.

Information on Subscriber. The Subscriber is as is, and will be at the time of the date hereof conversion of the Notes and exercise of the Warrants, an “"accredited investor”", as such term is defined in Regulation D promulgated by the Commission under the 1933 Act, 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, with its representatives, has such knowledge and experience in financial, tax and other business matters as to enable the Subscriber 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, to the proposed purchase. The Subscriber acknowledges that an investment in purchase of the Securities Note, which represents a speculative investment. The Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss of the investmentthereof. The information set forth on the signature page hereto regarding the Subscriber is true and correctaccurate.

Information on Subscriber. The Subscriber is as is, and will be at the time of the date hereof exercise of the Warrants, an “accredited investor”, as such term is defined in Regulation D promulgated by the Commission under the 1933 Act, 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, with its representatives, has such knowledge and experience in financial, tax and other business matters as to enable the Subscriber to utilize the information made available by the Company to evaluate the merits and risks of, of and to make an informed investment decision with respect to, to the proposed purchase. The Subscriber acknowledges that an investment in purchase of the Securities Securities, which represents a speculative investment. The Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss of the investmentthereof. The information set forth on the signature page hereto regarding the Subscriber is true and correctaccurate.

Information on Subscriber. The Subscriber is as is, and will be at the time of the date hereof conversion of the Notes, an “"accredited investor”", as such term is defined in Regulation D promulgated by the Commission under the 1933 Act, 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, with its representatives, has such knowledge and experience in financial, tax and other business matters as to enable the such Subscriber to utilize the information made available by the Company to evaluate the merits and risks of, of and to make an informed investment decision with respect to, to the proposed purchase. The Subscriber acknowledges that an investment in the Securities , which represents a speculative investment. The Such Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The Such Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss of the investmentthereof. The information set forth on the signature page hereto regarding the such Subscriber is true and correctaccurate.

Information on Subscriber. The Subscriber is as of (i) is, and will be on the date hereof Closing Date, an “accredited investorinvestor ”, as such term is defined in Regulation D promulgated by the Securities and Exchange Commission under the 1933 Securities Act of 1933, as amended (the “Securities Act”), (ii) is experienced in investments and business matters, (iii) has made investments of a speculative nature and has purchased securities of United States publicly-owned companies in private placements in the past and, (iv) alone or with its representatives, has such knowledge and experience in financial, tax and other business matters as to enable the Subscriber to utilize the information made available by the Company to evaluate the merits and risks of, of and to make an informed investment decision with respect to, to the proposed purchase. The Subscriber acknowledges that an investment in the Securities , which represents a speculative investment. The Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss of the investmentthereof. The information set forth on the signature page hereto regarding the Subscriber is true accurate and correctcomplete in all material respects.

Information on Subscriber. The Subscriber is as of the date hereof an “--------------------------- "accredited investor”", as such term is defined in Regulation D promulgated by the Commission under the Securities Act of 1933, as amended (the "1933 Act"), 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, with its representatives, has such knowledge and experience in financial, tax and other business matters as to enable the Subscriber to utilize the information made available by the Company to evaluate the merits and risks of, of and to make an informed investment decision with respect to, to the proposed purchase. The Subscriber acknowledges that an investment in the Securities , which represents a speculative investment. The Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss of the investmentthereof. The information set forth on the signature page hereto regarding the Subscriber is true and correctaccurate.

Information on Subscriber. The Subscriber is as of the date hereof an “--------------------------- "accredited investor”", as such term is defined in Regulation D promulgated by the Commission under the Securities Act of 1933, as amended (the "1933 Act"), 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, with its representatives, has such knowledge and experience in financial, tax and other business matters as to enable the Subscriber to utilize the information made available by the Company to evaluate the merits and risks of, of and to make an informed investment decision with respect to, to the proposed purchase. The Subscriber acknowledges that an investment in the Securities , which represents a speculative investment. The Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss of the investment. thereof The information set forth on the signature page hereto regarding the Subscriber is true and correctaccurate.

Information on Subscriber. The Subscriber is as is, and will be at the time of the date hereof conversion of the Notes, an “accredited investor”, as such term is defined in Regulation D promulgated by the Commission under the 1933 Act, 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, with its representatives, has such knowledge and experience in financial, tax and other business matters as to enable the Subscriber to utilize the information made available by the Company to evaluate the merits and risks of, of and to make an informed investment decision with respect to, to the proposed purchase. The Subscriber acknowledges that an investment in purchase of the Securities Securities, which represents a speculative investment. The Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss of the investmentthereof. The information set forth on the signature page hereto regarding the Subscriber is true and correctaccurate.

Information on Subscriber. The Subscriber is as of the date hereof an “------------------------- "accredited investor”", as such term is defined in Regulation D promulgated by the Commission under the Securities Act of 1933, as amended (the "1933 Act"), 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, with its representatives, has such knowledge and experience in financial, tax and other business matters as to enable the Subscriber to utilize the information made available by the Company to evaluate the merits and risks of, of and to make an informed investment decision with respect to, to the proposed purchase. The Subscriber acknowledges that an investment in the Securities , which represents a speculative investment. The Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss of the investmentthereof. The information set forth on the signature page hereto regarding the Subscriber is true and correctaccurate.

Information on Subscriber. The Subscriber is as is, and will be at the time of the date hereof conversion of the Notes and exercise of any of the Warrants, an “"accredited investor”", as such term is defined in Regulation D promulgated by the Commission under the 1933 Act, 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, with its representatives, has such knowledge and experience in financial, tax and other business matters as to enable the Subscriber to utilize the information made available by the Company to evaluate the merits and risks of, of and to make an informed investment decision with respect to, to the proposed purchase. The Subscriber acknowledges that an investment in the Securities , which represents a speculative investment. The Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss of the investmentthereof. The information set forth on the signature page hereto regarding the Subscriber is true and correctaccurate.

Information on Subscriber. The Subscriber is as of the date hereof an “accredited investor”, as such term is defined in Regulation D promulgated by the Commission under the Securities Act of 1933, as amended (the “1933 Act”), 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, with its representatives, has such knowledge and experience in financial, tax and other business matters as to enable the Subscriber to utilize the information made available by the Company (including the Reports) to evaluate the merits and risks of, of and to make an informed investment decision with respect to, to the proposed purchase. The Subscriber acknowledges that an investment in the Securities , which represents a speculative investment. The Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss of the investmentthereof. The information set forth on the signature page hereto regarding the Subscriber is true and correctaccurate.

Information on Subscriber. The Subscriber is as is, and will be at the time of the date hereof conversion of the Shares, an “accredited investor”, as such term is defined in Regulation D promulgated by the Commission under the 1933 Act, 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, with its representatives, has such knowledge and experience in financial, tax tax, and other business matters as to enable the Subscriber to utilize the information made available by the Company to evaluate the merits and risks of, of and to make an informed investment decision with respect to, to the proposed purchase. The Subscriber acknowledges that an investment in the Securities , which represents a speculative investment. The Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss of the investmentthereof. The information set forth on the signature page hereto regarding the Subscriber is true and correctaccurate.