Common use of Delivery of the Prospectus in Connection with the Sale of Offered Shares Clause in Contracts

Delivery of the Prospectus in Connection with the Sale of Offered Shares. Selected Dealer hereby represents, covenants and agrees that no representative of Selected Dealer shall sell, and Selected Dealer shall not endorse and forward any Subscription Agreement to signify the completion of a subscription for, any Offered Shares unless, in connection therewith, the proposed purchaser of such Offered Shares has received a current copy of the Prospectus at or prior to the time that such person has signed his or her Subscription Agreement. Selected Dealer acknowledges and agrees that such proposed purchaser shall not be admitted to the Company and Offered Shares issued until the later of (i) the next succeeding Closing Date or (ii) five business days after the date such proposed purchaser received a copy of the Prospectus (which shall be determined by the Company by the date on which such proposed purchaser signed the Subscription Agreement).