Common use of INDIVIDUAL INVESTORS Clause in Contracts

INDIVIDUAL INVESTORS. ¨ Any natural person whose net worth, or joint net worth with that person’s spouse, at the time of the purchase exceeds US$1,000,000, excluding the value of the primary residence of such natural person or persons. ¨ Any natural person who had an individual income in excess of US$200,000 in each of the two most recent years or joint income with that person’s spouse in excess of US$300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year. ¨ Any executive officer or director of the Company.

INDIVIDUAL INVESTORS. ¨ Any natural person whose net worth, or joint net worth with that person’s spouse, spouse at the time of the purchase exceeds US$1,000,000purchase, excluding the value of the undersigned’s primary residence of such natural person or personsresidence, exceeds $1,000,000. ¨ Any natural person who had an individual income in excess of US$$200,000 in each of the two most recent years or joint income with that person’s spouse in excess of US$$300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year. ¨ Any executive officer or director of the Company.

INDIVIDUAL INVESTORS. ¨ Any natural person whose net worth, or joint net worth with that person’s spouse, at the time of the purchase exceeds US$1,000,000, excluding the value of the primary residence of such natural person or persons. ¨ Ö Any natural person who had an individual income in excess of US$200,000 in each of the two most recent years or joint income with that person’s spouse in excess of US$300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year. ¨ Any executive officer or director of the Company.

INDIVIDUAL INVESTORS. ¨ Any natural person whose net worth, or joint net worth with that person’s spouse, 's spouse at the time of the purchase exceeds US$$1,000,000, excluding the value of the primary residence of such natural person or persons. ¨ |_| Any natural person who had an individual income in excess of US$$200,000 in each of the two most recent years or joint income with that person’s 's spouse in excess of US$$300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year. ¨ |_| Any executive officer or director of the Company.

INDIVIDUAL INVESTORS. ¨ £ Any natural person whose net worth, or joint net worth with that person’s spouse, at the time of the purchase exceeds US$1,000,000, excluding the value of the primary residence of such natural person or persons. ¨ £ Any natural person who had an individual income in excess of US$200,000 in each of the two most recent years or joint income with that person’s spouse in excess of US$300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year. ¨ Any executive officer or director of the Company.