Common use of Financial Reports and Information Clause in Contracts

Financial Reports and Information. If the Company is not required --------------------------------- to file periodic reports under the Exchange Act, it will furnish to each Shareholder financial statements (including accompanying notes) similar in form and substance to those which would be required to be filed by it in any annual or quarterly report filed under the Exchange Act if the Company were subject to such Exchange Act. Such reports will be furnished within 45 days after the end of the first, second and third fiscal quarters of each year, and within 90 days after the end of each fiscal year.

Financial Reports and Information. If the Company is not required --------------------------------- to file periodic reports under Section 12(g) or 15(d) of the Exchange Act, it will furnish to each Shareholder Stockholder financial statements (including accompanying notes) similar in form and substance to those which would be required to be filed by it in any annual or quarterly report filed under the Exchange Act if the Company were subject to such Exchange Act. Such reports will be furnished within 45 days after the end of the first, second and third fiscal quarters of each year, and within 90 days after the end of each fiscal year.

Financial Reports and Information. If the Company is not required --------------------------------- to file periodic reports under the Exchange Act, it will furnish to each Shareholder financial statements (including accompanying notes) similar in form and substance to those which would be required to be filed by it in any annual or quarterly report filed under the Exchange Act if the Company were subject to such Exchange Act. Such reports will be furnished within 45 days after the end of the first, second and third fiscal quarters of each year, and within 90 days after the end of each fiscal year.