Common use of Investment Intent; Investment Experience; Restricted Securities Clause in Contracts

Investment Intent; Investment Experience; Restricted Securities. Buyer is acquiring the Stock for its own account for investment and not with a view to, or for sale or other disposition in connection with, any distribution of all or any part thereof in violation of federal or state securities law. In acquiring the Stock, Buyer is not offering or selling, and will not offer or sell, for Seller in connection with any distribution of the Stock, and Buyer does not have a participation and will not participate in any such undertaking or in any underwriting of such an undertaking except in compliance with applicable federal and state securities laws. Buyer acknowledges that it is able to fend for itself, can bear the economic risk of its investment in the Stock, and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the Stock. Buyer is an “accredited investor” as such term is defined in Regulation D under the Securities Act. Buyer understands that the Stock has not been registered pursuant to the Securities Act or any applicable state securities laws, that the Stock will be characterized as “restricted securities” under federal securities laws and that under such laws and applicable regulations the Stock cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.

Investment Intent; Investment Experience; Restricted Securities. Buyer is acquiring the Stock Securities for its own account for investment and not with a view to, or for sale or other disposition in connection with, any distribution of all or any part thereof in violation of federal or state securities lawthereof. In acquiring the StockSecurities, Buyer is not offering or selling, and will not offer or sell, for Seller the Company in connection with any distribution of the StockSecurities, and Buyer does not have a participation and will not participate in any such undertaking or in any underwriting of such an undertaking except in compliance with applicable federal and state securities laws. Buyer acknowledges that it is able to fend for itself, can bear the economic risk of its investment in the StockSecurities, and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the Stock. Buyer is an “accredited investor” as such term is defined in Regulation D under the Securities ActSecurities. Buyer understands that the Stock has Securities will not have been registered pursuant to the Securities Act or any applicable state securities laws, that the Stock Securities will be characterized as “"restricted securities” " under federal securities laws and that under such laws and applicable regulations the Stock Securities cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.

Investment Intent; Investment Experience; Restricted Securities. Buyer is acquiring the Stock for its own account for investment and not with a view to, or for sale or other disposition in connection with, any distribution of all or any part thereof in violation of federal or state securities law. In acquiring the Stock, Buyer is not offering or selling, and will not offer or sell, for Seller in connection with any distribution of the Stock, and Buyer does not have a participation and will not participate in any such undertaking or in any underwriting of such an undertaking except in compliance with applicable federal and state securities laws. Buyer acknowledges that it is able to fend for itself, can bear the economic risk of its investment in the Stock, and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the Stock. Buyer is an “"accredited investor” " as such term is defined in Regulation D under the Securities Act. Buyer understands that the Stock has not been registered pursuant to the Securities Act or any applicable state securities laws, that the Stock will be characterized as “"restricted securities” " under federal securities laws and that under such laws and applicable regulations the Stock cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.

Investment Intent; Investment Experience; Restricted Securities. Buyer is acquiring the Stock Interest for its own account for investment and not with a view to, or for sale or other disposition in connection with, any distribution of all or any part thereof in violation of federal or state securities lawthereof. In acquiring the StockInterest, Buyer is not offering or selling, and will not offer or sell, for Seller in connection with any distribution of the StockInterest, and Buyer does not have a participation and will not participate in any such undertaking or in any underwriting of such an undertaking except in compliance with applicable federal and state securities laws. Buyer acknowledges that it is able to fend for itself, can bear the economic risk of its investment in the StockInterest, and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the StockInterest. Buyer is an “accredited investor” as such term is defined in Regulation D under the Securities Act. Buyer understands that the Stock has Interest will not have been registered pursuant to the Securities Act or any applicable state securities laws, that the Stock Interest will be characterized as “restricted securities” under federal securities laws and that under such laws and applicable regulations the Stock Interest cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.. 4.6

Investment Intent; Investment Experience; Restricted Securities. Buyer is acquiring the Stock Shares for its own account for investment and not with a view to, or for sale or other disposition in connection with, any distribution of all or any part thereof in violation of federal or state securities lawthereof. In acquiring the StockShares, Buyer is not offering or selling, and will not offer or sell, for Seller in connection with any distribution of the StockShares, and Buyer does not have a participation and will not participate in any such undertaking or in any underwriting of such an undertaking except in compliance with applicable federal and state securities laws. Buyer acknowledges that it is able to fend for itself, can bear the economic risk of its investment in the StockShares, and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the StockShares. Buyer is an “"accredited investor” " as such term is defined in Regulation D under the Securities Act. Buyer understands that the Stock has Shares will not have been registered pursuant to the Securities Act or any applicable state securities laws, that the Stock Shares will be characterized as “"restricted securities” " under federal securities laws and that under such laws and applicable regulations the Stock Shares cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.

Investment Intent; Investment Experience; Restricted Securities. Buyer is acquiring the Stock Securities for its own account for investment and not with a view to, or for sale or other disposition in connection with, any distribution of all or any part thereof in violation of federal or state securities lawthereof. In acquiring the StockSecurities, Buyer is not offering or selling, and will not offer or sell, for Seller the Company in connection with any distribution of the StockSecurities, and Buyer does not have a participation and will not participate in any such undertaking or in any underwriting of such an undertaking except in compliance with applicable federal and state securities laws. Buyer acknowledges that it is able to fend for itself, can bear the economic risk of its investment in the StockSecurities, and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the Stock. Buyer is an “accredited investor” as such term is defined in Regulation D under the Securities ActSecurities. Buyer understands that the Stock has Securities will not have been registered pursuant to the Securities Act or any applicable state securities laws, that the Stock Securities will be characterized as “a "restricted securities” security" under federal securities laws and that under such laws and applicable regulations the Stock Securities cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.

Investment Intent; Investment Experience; Restricted Securities. Buyer is acquiring the Subject Stock for its own account for investment and not with a view to, or for sale or other disposition in connection with, any distribution of all or any part thereof in violation of federal or state securities lawthereof. In acquiring the Subject Stock, Buyer is not offering or selling, and will not offer or sell, for Seller in connection with any distribution of the Subject Stock, and Buyer does not have a participation and will not participate in any such undertaking or in any underwriting of such an undertaking except in compliance with applicable federal and state securities laws. Buyer acknowledges that it is able to fend for itself, can bear the economic risk of its investment in the Subject Stock, and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the Subject Stock. Buyer is an “"accredited investor” " as such term is defined in Regulation D under the Securities Act. Buyer understands that the Subject Stock has will not have been registered pursuant to the Securities Act or any applicable state securities laws, that the Subject Stock will be characterized as “"restricted securities” " under federal securities laws and that under such laws and applicable regulations the Subject Stock cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.

Investment Intent; Investment Experience; Restricted Securities. Buyer is acquiring the Stock Interest for its own account for investment and not with a view to, or for sale or other disposition in connection with, any distribution of all or any part thereof in violation of federal or state securities lawthereof. In acquiring the StockInterest, Buyer is not offering or selling, and will not offer or sell, for Seller in connection with any distribution of the StockInterest, and Buyer does not have a participation and will not participate in any such undertaking or in any underwriting of such an undertaking except in compliance with applicable federal and state securities laws. Buyer acknowledges that it is able to fend for itself, can bear the economic risk of its investment in the StockInterest, and has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of an investment in the StockInterest. Buyer is an “accredited investor” as such term is defined in Regulation D under the Securities Act. Buyer understands that the Stock has Interest will not have been registered pursuant to the Securities Act or any applicable state securities laws, that the Stock Interest will be characterized as “restricted securities” under federal securities laws and that under such laws and applicable regulations the Stock Interest cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.