Common use of Purchaser Bears Economic Risk Clause in Contracts

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold registered pursuant to: (i) an effective registration statement under to the Securities Act; , or (ii) an exemption from registration is available with respect to such saleavailable.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: to (i) an effective registration statement under the Securities Act; , or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: to (i) an effective registration statement under the Securities 1933 Act; , or (ii) an exemption from registration is available with respect to such saleavailable.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it he is capable of evaluating the merits and risks of its his investment in the Company Company, and has the capacity to protect its his own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: to (i) an effective registration statement under the Securities Act; , or (ii) an exemption from registration is available with respect to such saleavailable.

Purchaser Bears Economic Risk. The Such Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Such Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) for an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such saleindefinite period of time.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must is able to bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such saleinvestment.

Purchaser Bears Economic Risk. The Such Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Such Purchaser must bear the economic risk of this investment until indefinitely unless the Securities Shares (or the Conversion Shares) are sold registered pursuant to: (i) an effective registration statement under to the Securities Act; , or (ii) an exemption from registration is available with respect available. Such Purchaser has requested, received, reviewed, and understood all information it deems relevant in making an informed decision to such salepurchase the Shares, including without limitation, the information contained in the Information Documents.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interestsinterests (subject to its reliance on the representations and warranties given by the Company in Section 3). The Purchaser must be able to bear the economic risk of this investment until and understands that Company has no present intention of registering the Securities are sold Shares in the United States pursuant to: (i) an effective registration statement under to the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until indefinitely unless the Securities Shares are sold registered pursuant to: (i) an effective registration statement under to the Securities Act; , or (ii) an exemption from registration is available with respect to such saleavailable.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: to (ia) an effective registration statement under the Securities Act; , or (iib) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act or the US Securities Act; or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser has ----------------------------- substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until indefinitely unless the Securities Initial Preferred Stock, the Option Preferred Stock, the Dividend Stock, the Warrants, the Warrant Stock or the Conversion Stock are sold registered pursuant to: (i) an effective registration statement under to the Securities Act; , or (ii) an exemption from registration is available with respect to such saleavailable.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until indefinitely unless the Securities Shares are sold registered pursuant to: (i) an effective registration statement under to the Securities Act; , or (ii) an exemption from registration is available with respect to such saleavailable.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it he is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its his own interests. The Purchaser must bear the economic risk of this investment until investment. Accordingly, the Securities are sold pursuant to: (i) Shares represent an effective registration statement under illiquid investment. Purchaser also understands that circumstances such as a lack of any market for the Securities Act; Shares may be such that the Purchaser cannot transfer all or (ii) an exemption from registration is available with respect to such saleany portion of the Shares in the amounts or at the times the Purchaser might propose.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Parent Company and its Subsidiaries so that it is capable of evaluating the merits and risks of its investment in the Parent Company and its Subsidiaries and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser Bears Economic Risk" \l 2 Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold registered pursuant to: (i) an effective registration statement under to the Securities Act; , or (ii) an exemption from registration is available with respect to such saleavailable.

Purchaser Bears Economic Risk. The Such Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Such Purchaser must bear the economic risk of this investment until the Securities Shares and any Additional Shares are sold pursuant to: to (i) an effective registration statement under the Securities Act; , or (ii) an exemption from registration is available with respect to such saleavailable.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment indefinitely until such time as the Securities Shares are sold registered pursuant to: (i) an effective registration statement under to the Securities Act; , or (ii) an exemption from registration is available with respect to such saleavailable.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must may be required to bear the economic risk of this investment until indefinitely. The Purchaser understands that the Securities are sold Company has no present intention of registering the Placement Shares, Placement Options, Replacement Options or Underlying Shares in the United States pursuant to: (i) an effective registration statement under to the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The In the normal course of its business Purchaser has acquired substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Such Purchaser must bear the economic risk of this investment until the Securities Shares are sold pursuant to: to (i) an effective registration statement under the Securities Act; , or (ii) an exemption from registration is available with respect to such saleavailable.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it Purchaser is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its Purchaser's own interests. The Purchaser must bear the economic risk of this investment indefinitely unless and until the Securities Shares are sold registered pursuant to: (i) an effective registration statement under to the Securities Act; , or (ii) an exemption from registration is available with respect to such sale.available;

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it Purchaser is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its Purchaser's own interests. The Purchaser must bear the economic risk of this investment indefinitely unless and until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.Shares are

Purchaser Bears Economic Risk. The Purchaser and/or its shareholders has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it and is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until indefinitely unless the Securities Preference Shares (or the Conversion Shares), the Warrants (or the Warrant Shares) are sold registered pursuant to: (i) an effective registration statement under to the Securities Act; , or (ii) an exemption from registration is available with respect to such saleavailable.

Purchaser Bears Economic Risk. The Purchaser has substantial ------------------------------ experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment indefinitely until such time as the Securities Units are sold registered pursuant to: (i) an effective registration statement under to the Securities Act; , or (ii) an exemption from registration is available with respect to such saleavailable.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.own

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private public placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in purchase of the Company Shares from the Seller and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interestsCompany. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment indefinitely unless and until the Securities Shares are sold registered pursuant to: (i) an effective registration statement under to the Securities Act; , or (ii) an exemption from registration is available with respect to such saleavailable.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company and its Subsidiaries so that it is capable of evaluating the merits and risks of its investment in the Company and its Subsidiaries and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

Purchaser Bears Economic Risk. The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such saleinvestment.