Common use of Purpose and Effect Clause in Contracts

Purpose and Effect. The purpose of this Amendment No. 1 is (i) to revise the provision concerning Closing of this subscription to be contingent upon the closing of the voluntary share exchange transaction described in the amended Section 1.2 and (ii) to provide the Subscriber with further written disclosure materials upon which to base his or her investment decision. [this space intentionally left blank] INDIVIDUAL INVESTOR SIGNATURE PAGE