Common use of Financial Condition; Use of Proceeds Clause in Contracts

Financial Condition; Use of Proceeds. As described in Exhibit “A” attached hereto and made a part hereof, SAFEDOX is a newly-formed, development-stage company without revenues. SAFEDOX requires substantial additional capital with which to implement its complete business plan. There is no assurance that SAFEDOX will obtain such needed capital or that its business plan, when implemented, will prove to be successful. The funds derived under this Agreement will be utilized for corporate expenses and working capital.

Financial Condition; Use of Proceeds. As described in Exhibit “A” attached hereto and made a part hereof, SAFEDOX is a newly-formed, development-stage company without significant revenues. SAFEDOX requires substantial additional capital with which to implement its complete business plan. There is no assurance that SAFEDOX will obtain such needed capital or that its business plan, when implemented, will prove to be successful. The funds derived under this Agreement will be utilized for corporate expenses and working capital.