Common use of Purchase Entirely for Own Account; Disclosure of Information Clause in Contracts

Purchase Entirely for Own Account; Disclosure of Information. This Agreement is made with the Purchaser in reliance upon the Purchaser's representations to the Company which by the Purchaser's execution of this Agreement it hereby confirms, that the Shares to be received by the Purchaser will be acquired for investment for the Purchaser's own account, not as a nominee or agent, and not with a view to the resale or distribution of any part thereof, and that the Purchaser has no present intention of selling, granting any participation in, or otherwise distributing the same. The Purchaser does not have any contract, undertaking, agreement or arrangement (except as set forth in this Agreement) with any person to sell, transfer or grant participations to such person or to any third person, with respect to any of the Shares. The Purchaser acknowledges that it has received all the information it has requested or considers necessary or appropriate for deciding whether to purchase the Shares. The Purchaser further represents that it has had an opportunity to ask questions and receive answers from the Company regarding the Company and the terms and conditions of the offering of the Shares and to obtain any additional information necessary to verify the accuracy of the information given to the Purchaser.