Common use of Evaluation of and Ability to Bear Risks Clause in Contracts

Evaluation of and Ability to Bear Risks. The Subscriber has such knowledge and experience in financial and business affairs that the Subscriber is capable of evaluating the merits and risks of purchasing, and other considerations relating to, the Securities to be purchased by the Subscriber pursuant to this Agreement, and the Subscriber has not relied in connection with the Subscriber’s purchase of Securities upon any representations, warranties or agreements of any person or entity other than the Company, and, with respect to the Company, only those representations, warranties and agreements set forth in this Agreement and the Memorandum. The Subscriber acknowledges that, except as set forth in this Agreement and the Memorandum, the Company did not make any representations or warranties whether expressed or implied, oral or written with respect to the purchase by the Subscriber of Securities. The Subscriber’s financial situation is such that the Subscriber can afford to bear the economic risk of holding the Securities for an indefinite period of time, and the Subscriber can afford to suffer the complete loss of the Subscriber’s Securities and capital contribution. The Subscriber is an “accredited investor” as such term is defined in rule 501 of Regulation D promulgated under the Securities Act, a copy of which is attached hereto as Exhibit A.