Common use of Incorporation and Good Standing Clause in Contracts

Incorporation and Good Standing. The Company has been duly incorporated or organized and is validly existing and in good standing as a company limited by shares under the laws of the jurisdiction of its incorporation or organization and has corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the Disclosure Package and the Prospectus and to enter into and perform its obligations under this Agreement. As of the Closing Date, the Company does not own or control, directly or indirectly, any corporation, association or other entity that is not otherwise disclosed in the Registration Statement, the Disclosure Package, or the Prospectus.

Incorporation and Good Standing. The Company has been duly incorporated or organized formed and is validly existing and in good standing as a company limited by shares under the laws of the jurisdiction of its incorporation or organization and has corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the Disclosure Package and the Prospectus and to enter into and perform its obligations under this Agreement. As of the Closing DateDate (as defined below), the Company does not own or control, directly or indirectly, any corporation, association or other entity that is not otherwise disclosed in the Registration Statement, the Disclosure Package, Package or the Prospectus.

Incorporation and Good Standing. The Company has been duly incorporated or organized and is validly existing and in good standing as a company limited by shares under the laws of the jurisdiction of its incorporation or organization and has corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the Disclosure Package and the Prospectus and to enter into and perform its obligations under this Agreement. As of the Closing Date, the Company does not own or control, directly or indirectly, any corporation, association or other entity that is not otherwise disclosed in the Registration Statement, the Disclosure Package, Package or the Prospectus.

Incorporation and Good Standing. The Company has been duly incorporated or organized formed and is validly existing and in good standing as a company limited by shares corporation under the laws of the jurisdiction of its incorporation or organization formation and has corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the Disclosure Package and the Prospectus and to enter into and perform its obligations under this Agreement. As of the Closing DateDate (as defined below), the Company does not own or control, directly or indirectly, any corporation, association or other entity that is not otherwise disclosed in the Registration Statement, the Disclosure Package, Package or the Prospectus.

Incorporation and Good Standing. The Company has been duly incorporated or organized formed and is validly existing and in good standing as a company limited by shares corporation under the laws of the jurisdiction of its incorporation or organization formation and has corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the Disclosure Package and the Prospectus and to enter into and perform its obligations under this AgreementAgreement and each of the Representative’s Warrants. As of the Closing Date, the Company does not own or control, directly or indirectly, any corporation, association or other entity that is not otherwise disclosed in the Registration Statement, the Disclosure Package, Package or the Prospectus.

Incorporation and Good Standing. The Company has been duly incorporated or organized formed and is validly existing and in good standing as a company limited by shares under the laws of the jurisdiction of its incorporation or organization formation and has corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the Disclosure Package Package, and the Prospectus and to enter into and perform its obligations under this Agreement. As of the Closing Date, the Company does not own or control, directly or indirectly, any corporation, association or other entity that is not otherwise disclosed in the Registration Statement, the Disclosure Package, or the Prospectus.

Incorporation and Good Standing. The Company has been duly incorporated or organized formed and is validly existing and in good standing as a company limited by shares under the laws of the jurisdiction of its incorporation or organization formation and has corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the Disclosure Package and the Prospectus and to enter into and perform its obligations under this AgreementAgreement and the Representative’s Warrants. As of the Closing Date, the Company does not own or control, directly or indirectly, any corporation, association or other entity that is not otherwise disclosed in the Registration Statement, the Disclosure Package, Package or the Prospectus.

Incorporation and Good Standing. The Company has been duly incorporated or organized and is validly existing and in good standing as a an exempted company with limited by shares liability under the laws of the jurisdiction of its incorporation or organization and has corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the Disclosure Package and the Prospectus and to enter into and perform its obligations under this Agreement. As of the Closing Date, the Company does not own or control, directly or indirectly, any corporation, association or other entity that is not otherwise disclosed in the Registration Statement, the Disclosure Package, Package or the Prospectus.

Incorporation and Good Standing. The Company has been duly incorporated or organized and is validly existing and in good standing as a company limited by shares under the laws of the jurisdiction of its incorporation or organization and has corporate power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the Disclosure Package and the Prospectus and to enter into and perform its obligations under this Agreement. As of the Closing Date, the The Company does not own or control, directly or indirectly, any corporation, association or other entity that is not otherwise disclosed in the Registration Statement, the Disclosure Package, or the Prospectus.