Common use of E- SIGNATURE Clause in Contracts

E- SIGNATURE. It is understood and agreed that documents hereunder may be provided by the parties or may be executed by the parties electronically, in compliance with Innovative’s policies and procedures relating to e-signatures, the federal Electronic Signatures in Global and National Commerce Act (E-SIGN) and, if applicable, the Uniform Electronic Transactions Act (UETA) adopted by the state in which the electronic record (i.e., the contract or other record created, generated, sent, communicated, received or stored by electronic means) relating to such document or disclosure is initiated. The loan originators signature below and/or the transmission of this agreement by the loan originator to the Company are sufficient, independently or jointly, to serve as a binding contract on all parties, without the signature of the CEO below.

E- SIGNATURE. It is understood and agreed that documents hereunder may be provided by the parties or may be executed by the parties electronically, in compliance with Innovative’s policies and procedures relating to e-signatures, the federal Electronic Signatures in Global and National Commerce Act (E-SIGN) and, if applicable, the Uniform Electronic Transactions Act (UETA) adopted by the state in which the electronic record (i.e., the contract or other record created, generated, sent, communicated, received or stored by electronic means) relating to such document or disclosure is initiated. The loan originators originator’s signature below and/or the transmission of this agreement by the loan originator to the Company are sufficient, independently or jointly, to serve as a binding contract on all parties, without the signature of the CEO below.