Accredited Investor Confirmation. The Purchaser represents and warrants to the Company that the Purchaser is an “Accredited Investor”, as that term is defined under Regulation D of the Securities Act of 1933 by reason of the qualifications described opposite the checked box:
Accredited Investor Confirmation. 1. You are (a) a “qualified institutional buyer” or an “accredited investor” as such terms are defined under the United States Securities Act of 1933, as amended, (b) an institutional account as defined in FINRA Rule 4512(c) and (c) a sophisticated institutional investor with sufficient knowledge and experience in investing in private equity transactions to properly evaluate the risks and merits of your participation in the Transaction. You have determined based on your own independent review and judgment and such professional advice as you deem appropriate that your purchase of the Securities and participation in the Transaction (i) are fully consistent with your financial needs, objectives and condition, (ii) comply and are fully consistent with all investment policies, guidelines and other restrictions applicable to you, (iii) have been duly authorized and approved by all necessary action, (iv) do not and will not violate or constitute a default under your charter, by-laws or other constituent document or under any law, rule, regulation, agreement or other obligation by which you are bound and (v) are a fit, proper and suitable investment for you, notwithstanding the substantial risks inherent in investing in or holding the Securities. You are able to bear the substantial risks associated with your purchase of the Securities, including but not limited to loss of your entire investment therein.
Accredited Investor Confirmation. Purchaser represents and warrants as indicated below by the undersigned’s initials (please initial the appropriate item(s)):
