Common use of Experience; Risk Clause in Contracts

Experience; Risk. Purchaser has such knowledge and experience in financial and business matters that Purchaser is capable of evaluating the merits and risks of the purchase of the Warrant Shares and of protecting Purchaser’s interests in connection therewith. Purchaser is able to fend for itself in the transactions contemplated by this Agreement and has the ability to bear the economic risk of the investment, including complete loss of the investment.

Experience; Risk. Purchaser has such knowledge and experience in financial and business matters that Purchaser is capable of evaluating the merits and risks of the purchase of the Warrant Shares and of protecting Purchaser’s interests in connection therewith. Purchaser is able to fend for itself in the transactions contemplated by this Agreement and has the ability to bear the economic risk of the investment, including complete loss of the investment.

Experience; Risk. The Purchaser has such knowledge and experience in financial and business matters that Purchaser it is capable of evaluating the merits and risks of the purchase of the Warrant Shares pursuant to this Agreement and is capable of protecting Purchaser’s its interests in connection therewithherewith. The Purchaser is able to fend for itself in the transactions contemplated by this Agreement and has the ability to bear the economic risk of the investment, including complete loss of the investment.

Experience; Risk. The Purchaser has such knowledge and experience in ---------------- financial and business matters that Purchaser it is capable of evaluating the merits and risks of the purchase of the Warrant Shares pursuant to this Agreement and is capable of protecting Purchaser’s its interests in connection therewithherewith. The Purchaser is able to fend for itself in the transactions contemplated by this Agreement and has the ability to bear the economic risk of the investment, including complete loss of the investment.

Experience; Risk. Purchaser has such knowledge and experience in financial and business matters that Purchaser is capable of evaluating the merits and risks of the purchase of the Warrant Shares and of protecting Purchaser’s 's interests in connection therewith. Purchaser is able to fend for itself in the transactions contemplated by this Agreement and has the ability to bear the economic risk of the investment, including complete loss of the investment.

Experience; Risk. The Purchaser has such knowledge and experience in financial and business matters that the Purchaser is capable of evaluating the merits and risks of the purchase of the Warrant Shares Preferred Stock and the Warrants pursuant to this Agreement and of protecting the Purchaser’s interests in connection therewith. The Purchaser is able to fend for itself in the transactions contemplated by this Agreement and has the ability to bear the economic risk of the investment, including complete loss of the investment. The Purchaser is experienced in evaluating and investing in new companies such as the Company, including, without limitation, the Company’s industry and competition.

Experience; Risk. Purchaser has such knowledge and experience in financial and business matters that Purchaser is capable of evaluating the merits and risks of the purchase of the Note, the Warrant and the Shares and of protecting Purchaser’s interests in connection therewith. Purchaser is able to fend for itself in the transactions contemplated by this Agreement and has the ability to bear the economic risk of the investment, including complete loss of the investment.

Experience; Risk. Purchaser has such knowledge and experience in financial and business matters that Purchaser is capable of evaluating the merits and risks of the purchase of the Note, the Warrant and the Warrant Shares and of protecting Purchaser’s interests in connection therewith. Purchaser is able to fend for itself himself in the transactions contemplated by this Agreement and has the ability to bear the economic risk of the investment, including complete loss of the investment.

Experience; Risk. The Purchaser has such knowledge and experience ---------------- in financial and business matters that Purchaser it is capable of evaluating the merits and risks of the purchase of the Warrant Shares Notes pursuant to this Agreement and the shares of Common Stock of the Company issuable upon conversion of the Notes and is capable of protecting Purchaser’s its interests in connection therewithherewith. The Purchaser is able to fend for itself in the transactions contemplated by this Agreement and has the ability to bear the economic risk of the investment, including complete loss of the investment.

Experience; Risk. Purchaser has such knowledge knowledge, sophistication and experience in financial and business matters that Purchaser he is capable of evaluating the merits and risks of the purchase receipt of the Warrant Shares Company Stock, respectively, and of protecting Purchaser’s his interests in connection therewithherewith. Purchaser is able to fend for itself in the transactions contemplated by this Agreement and has the ability to bear the economic risk of the investment, including complete loss of the this investment.

Experience; Risk. The Purchaser has such knowledge and experience in financial and business matters that the Purchaser is capable of evaluating the merits and risks of the purchase of the Warrant Shares and of protecting the Purchaser’s 's interests in connection therewith. The Purchaser is able to fend for itself in the transactions contemplated by this Subscription Agreement and has the ability to bear the economic risk of the investment, including complete loss of the investment.

Experience; Risk. Purchaser has Purchasers have such knowledge and experience in financial and business matters that Purchaser each is capable of evaluating the merits of and risks of associated with purchasing the purchase of the Warrant Shares and of protecting Purchaser’s its interests in connection therewithherewith. Purchaser is Purchasers each are able to fend for itself themselves in the transactions contemplated by this Agreement and has each have the ability to bear the economic risk of an investment in the investmentShares, including complete loss of the investmentinvestment value of the Shares.

Experience; Risk. The Purchaser has such ----------------- knowledge and experience in financial and business matters that the Purchaser is capable of evaluating the merits and risks of the purchase of the Warrant Common Shares pursuant to this Agreement and the other Transaction Documents and of protecting the Purchaser’s 's interests in connection therewith. The Purchaser is able to fend for itself in the transactions contemplated by this Agreement and the other Transaction Documents and has the ability to bear the economic risk of the investment, including complete loss of the investment, in the Common Shares. Purchaser is experienced in evaluating and investing in companies such as the Company.

Experience; Risk. The Purchaser has such knowledge and experience in financial and business matters that such Purchaser is capable of evaluating the merits and risks of the purchase of the Warrant Shares pursuant to this Agreement and of protecting the Purchaser’s 's interests in connection therewith. The Purchaser is able to fend for itself in the transactions contemplated by this Agreement and has the ability to bear the economic risk of the investment, including complete loss of the investment. The Purchaser is experienced in evaluating and investing in new companies such as the Company.

Experience; Risk. The Purchaser has such knowledge and experience in ---------------- financial and business matters that such Purchaser is capable of evaluating the merits and risks of the purchase of the Warrant Shares pursuant to the Agreement and of protecting the Purchaser’s 's interests in connection therewith. The Purchaser is able to fend for itself in the transactions contemplated by this Agreement and has the ability to bear the economic risk of the investment, including complete loss of the investment. The Purchaser is experienced in evaluating and investing in companies such as the Company.

Experience; Risk. The Purchaser has such knowledge and experience in financial and business matters that Purchaser it is capable of evaluating the merits of and risks of associated with purchasing the purchase of the Warrant Shares and of protecting Purchaser’s its interests in connection therewithherewith. The Purchaser is able to fend for itself in the transactions contemplated by this Agreement and has the ability to bear the economic risk of an investment in the investmentShares, including complete loss of the investmentinvestment value of the Shares.

Experience; Risk. The Purchaser has such knowledge and experience in financial and business matters that the Purchaser is capable of evaluating the merits and risks of the purchase of the Warrant Shares pursuant to this Agreement and of protecting the Purchaser’s interests 's interest in connection therewith. The Purchaser is able to fend for itself in the transactions contemplated by this Agreement and has the ability to bear the economic risk of the investment, including complete loss of the investment. The Purchaser is experienced in evaluating and investing in high risk companies such as the Company.