Common use of Offering Memorandum Clause in Contracts

Offering Memorandum. 11 (b) Notice and Effect of Material Events.............................. 11 (c) Amendment to Offering Memorandum and Supplements.................. 11 (d) Qualification of Securities for Offer and Sale.................... 11 (e) DTC............................................................... 12 (f) Use of Proceeds................................................... 12 (g) Restriction on Sale of Securities................................. 12 (h) Restrictions on Sale of Common Stock.............................. 12 (i)

Offering Memorandum. 11 16 (b) Notice and Effect of Material Events.............................. 11 .....................................16 (c) Amendment to Offering Memorandum and Supplements.................. 11 .........................16 (d) Qualification of Securities for Offer and Sale.................... 11 ...........................16 (e) DTC............................................................... 12 DTC and PORTAL...........................................................17 (f) Use of Proceeds................................................... 12 ..........................................................17 (g) Restriction on Sale of Securities................................. 12 ........................................17 (h) Restrictions on Sale Notification of Common Stock.............................. 12 (i)Current Accumulated Earnings & Profits...................17

Offering Memorandum. 11 13 (b) Notice and Effect of Material Events.............................. 11 ............................................... 13 (c) Amendment to Offering Memorandum and Supplements.................. 11 ................................... 13 (d) Qualification of Securities for Offer and Sale.................... 11 ..................................... 14 (e) DTCRating of Securities............................................................... 12 14 (f) DTC and PORTAL..................................................................... 14 (g) Use of Proceeds................................................... 12 .................................................................... 14 (gh) Restriction on Sale of Securities................................. 12 (h) Restrictions on Sale of Common Stock.............................. 12 (i).................................................. 14

Offering Memorandum. 11 13 (b) Notice and Effect of Material Events.............................. 11 .................................... 13 (c) Amendment Amendments to Offering Memorandum and Supplements.................. 11 ....................... 14 (d) Qualification Qualifications of Securities for Offer and Sale.................... 11 ......................... 14 (e) DTC............................................................... 12 (f) Use of Proceeds................................................... 12 ......................................................... 14 (f) Listing on Securities Exchange.......................................... 14 (g) Restriction on Sale of Securities................................. 12 (h) Restrictions on Sale of Common Stock.............................. 12 (i)....................................... 15

Offering Memorandum. 11 13 (b) Notice and Effect of Material Events.............................. 11 ...............................13 (c) Amendment Amendments to Offering Memorandum and Supplements.................. 11 ..................13 (d) Qualification Qualifications of Securities for Offer and Sale.................... 11 ....................13 (e) DTC............................................................... 12 (f) Use of Proceeds................................................... 12 ....................................................14 (f) Listing on Securities Exchange.....................................14 (g) Restriction on Sale of Securities................................. 12 Convertible Securities and Common Stock.....14 (h) Restrictions on Sale of Common Stock.............................. 12 (i)

Offering Memorandum. 11 15 (b) Notice and Effect of Material Events.............................. 11 ..................................... 15 (c) Amendment to Offering Memorandum and Supplements.................. 11 ......................... 15 (d) Qualification of Securities for Offer and Sale.................... 11 Blue Sky Qualifications.................................................. 16 (e) DTC............................................................... 12 ...................................................................... 16 (f) Use of Proceeds................................................... 12 .......................................................... 16 (g) Restriction on Sale of Securities................................. 12 ........................................ 16 (h) Restrictions Restriction on Sale of Common Stock.............................. 12 ...................................... 16 (i) Stabilization and Manipulation........................................... 17 (j)

Offering Memorandum. 11 13 (b) Notice and Effect of Material Events.............................. 11 .......................... 13 (c) Amendment to Offering Memorandum and Supplements.................. 11 .............. 13 (d) Qualification of Securities for Offer and Sale.................... 11 ................ 14 (e) DTC............................................................... 12 ........................................................... 14 (f) Use of Proceeds................................................... 12 ............................................... 14 (g) Restriction on Sale of Securities................................. 12 ............................. 14 (h) Restrictions on Sale of Common Stock.............................. 12 (i)Press Releases................................................ 14

Offering Memorandum. 11 17 (b) Notice and Effect of Material Events.............................. 11 ............................................. 17 (c) Amendment to Offering Memorandum and Supplements.................. 11 ................................. 18 (d) Qualification of Securities and Guarantees for Offer and Sale.................... 11 18 (e) DTC............................................................... 12 Rating of Securities............................................................. 18 (f) The Depository Trust Company..................................................... 18 (g) Use of Proceeds................................................... 12 .................................................................. 18 (gh) Restriction on Sale of Securities................................. 12 (h) Restrictions on Sale of Common Stock.............................. 12 (i)................................................ 18

Offering Memorandum. 11 17 (b) Notice and Effect of Material Events.............................. 11 .............................................17 (c) Amendment to Offering Memorandum and Supplements.................. 11 .................................18 (d) Qualification of Securities Notes for Offer and Sale.................... 11 ........................................18 (e) DTC............................................................... 12 Rating of Notes..................................................................18 (f) DTC..............................................................................18 (g) Use of Proceeds................................................... 12 ..................................................................18 (gh) Restriction on Sale of Securities................................. 12 (h) Restrictions on Sale of Common Stock.............................. 12 ..............................................18 (i)

Offering Memorandum. 11 15 (b) Notice and Effect of Material Events.............................. 11 ............................................................15 (c) Amendment to Offering Memorandum and Supplements.................. 11 ................................................16 (d) Qualification of Securities for Offer and Sale.................... 11 ..................................................16 (e) DTC............................................................... 12 Rating of Securities............................................................................16 (f) DTC and PORTAL..................................................................................16 (g) Use of Proceeds................................................... 12 .................................................................................16 (gh) Restriction on Sale of Securities................................. 12 (h) Restrictions on Sale of Common Stock.............................. 12 (i)...............................................................16

Offering Memorandum. 11 13 (b) Notice and Effect of Material Events.............................. 11 .........................13 (c) Amendment to Offering Memorandum and Supplements.................. 11 .............14 (d) Qualification of Securities for Offer and Sale.................... 11 ...............14 (e) DTC............................................................... 12 Rating of Securities.........................................14 (f) DTC..........................................................15 (g) Use of Proceeds................................................... 12 ..............................................15 (gh) Restriction on Sale of Securities................................. 12 (h) Restrictions on Sale of Common Stock.............................. 12 ............................15 (i)) Filing of Registration Statement.............................15

Offering Memorandum. 11 14 (b) Notice and Effect of Material Events.............................. 11 ................................15 (c) Amendment Amendments to Offering Memorandum and Supplements.................. 11 ...................15 (d) Qualification Qualifications of Securities for Offer and Sale.................... 11 .....................15 (e) DTC............................................................... 12 .................................................................16 (f) Use of Proceeds................................................... 12 .....................................................16 (g) Restriction Listing on Sale of Securities................................. 12 Securities Exchange......................................16 (h) Restrictions on Sale of Common Stock.............................. 12 (i)

Offering Memorandum. 11 18 (b) Notice and Effect of Material Events.............................. 11 .................................... 18 (c) Amendment to Offering Memorandum and Supplements.................. 11 ........................ 18 (d) Qualification of Securities for Offer and Sale.................... 11 .......................... 19 (e) DTC............................................................... 12 Integration............................................................. 19 (f) Use Rating of Proceeds................................................... 12 Securities.................................................... 19 (g) Restriction on Sale of Securities................................. 12 (h) Restrictions on Sale of Common Stock.............................. 12 (i)

Offering Memorandum. 11 13 (b) Notice and Effect of Material Events.............................. 11 .........................................13 (c) Amendment to Offering Memorandum and Supplements.................. 11 .............................14 (d) Qualification of Securities for Offer and Sale.................... 11 ...............................14 (e) DTC............................................................... 12 ..........................................................................14 (f) Use of Proceeds................................................... 12 ..............................................................14 (g) Restriction on Sale of Securities................................. 12 (h) Restrictions on Sale of Common Stock.............................. 12 (i)............................................14

Offering Memorandum. 11 (b) Notice and Effect of Material Events.............................. ........................................................ 11 (c) Amendment Amendments to Offering Memorandum and Supplements.................. ........................................... 11 (d) Qualification Qualifications of Securities Notes for Offer and Sale.................... 11 .................................................. 12 (e) DTC............................................................... Use of Proceeds............................................................................. 12 (f) Use Rating of Proceeds................................................... Notes............................................................................. 12 (g) Restriction on Sale of Securities................................. Notes................................................................ 12 (h) Restrictions on Sale of Common Stock.............................. DTC......................................................................................... 12 (i)

Offering Memorandum. 11 (b) Notice and Effect of Material Events.............................. ....................... 11 (c) Amendment to Offering Memorandum and Supplements.................. 11 ........... 12 (d) Qualification of Securities for Offer and Sale.................... 11 ............. 12 (e) DTC............................................................... ........................................................ 12 (f) Use of Proceeds................................................... ............................................ 12 (g) Restriction on Sale of Securities................................. .......................... 12 (h) Restrictions Restriction on Sale of Common Stock.............................. ........................ 12 (i)

Offering Memorandum. 11 12 (b) Notice and Effect of Material Events.............................. 11 ......................................................... 12 (c) Amendment Amendments to Offering Memorandum and Supplements.................. 11 ............................................ 13 (d) Qualification Qualifications of Securities for Offer and Sale.................... 11 .............................................. 13 (e) DTC............................................................... 12 (f) Use of Proceeds................................................... 12 .............................................................................. 13 (f) Rating of Securities......................................................................... 13 (g) Listing on Securities Exchange............................................................... 14 (h) Restriction on Sale of Securities................................. 12 (h) Restrictions on Sale of Common Stock.............................. 12 ............................................................ 14 (i)

Offering Memorandum. 11 13 (b) Notice and Effect of Material Events.............................. 11 ................................13 (c) Amendment to Offering Memorandum and Supplements.................. 11 ....................14 (d) Qualification of Securities for Offer and Sale.................... 11 ......................14 (e) DTC............................................................... 12 .................................................................14 (f) Use of Proceeds................................................... 12 .....................................................14 (g) Restriction on Sale of Securities................................. 12 ...................................15 (h) Restrictions on Sale of Common Stock.............................. 12 (i)

Offering Memorandum. 11 14 (b) Notice and Effect of Material Events.............................. 11 ..........................................................15 (c) Amendment to Offering Memorandum and Supplements.................. 11 ..............................................15 (d) Qualification of Securities for Offer and Sale.................... 11 ................................................15 (e) DTC............................................................... 12 Rating of Securities..........................................................................15 (f) DTC...........................................................................................16 (g) Use of Proceeds................................................... 12 ...............................................................................16 (gh) Restriction on Sale of Securities................................. 12 (h) Restrictions on Sale of Common Stock.............................. 12 (i).............................................................16

Offering Memorandum. 11 16 (b) Notice and Effect of Material Events.............................. 11 ......................................................... 16 (c) Amendment to Offering Memorandum and Supplements.................. 11 ............................................. 16 (d) Qualification of Securities for Offer and Sale.................... 11 ............................................... 16 (e) DTC............................................................... 12 Rating of Securities......................................................................... 17 (f) DTC.......................................................................................... 17 (g) Use of Proceeds................................................... 12 .............................................................................. 17 (gh) Restriction on Sale of Securities................................. 12 (h) Restrictions on Sale of Common Stock.............................. 12 ............................................................ 17 (i)

Offering Memorandum. 11 20 (b) Notice and Effect of Material Events.............................. 11 Events ......................................................................... 20 (c) Amendment to Offering Memorandum and Supplements.................. 11 Supplements ............................................................. 20 (d) Qualification of Securities and Guarantees for Offer and Sale.................... 11 Sale ............................................... 21 (e) DTC............................................................... 12 Integration .................................................................................................. 21 (f) Rating of Securities ......................................................................................... 21 (g) Rule 144A Information ........................................................................................ 21 (h) Restriction on Resales ....................................................................................... 21 (i) Use of Proceeds................................................... 12 Proceeds .............................................................................................. 22 (gj) Restriction on Sale of Securities................................. 12 Securities ............................................................................ 22 (hk) Restrictions on Sale of Common Stock.............................. 12 DTC Clearance ................................................................................................ 22 (il) Legends ...................................................................................................... 22 (m) Interim Financial Statements ................................................................................. 22 (n)

Offering Memorandum. 11 10 (b) Notice and Effect of Material Events.............................. 11 ......................................10 (c) Amendment to Offering Memorandum and Supplements.................. ..........................11 (d) Qualification of Securities for Offer and Sale.................... ............................11 (e) DTC............................................................... 12 Rating of Securities......................................................11 (f) DTC.......................................................................11 (g) Use of Proceeds................................................... 12 ...........................................................11 (gh) Restriction on Sale of Securities................................. 12 (h) Restrictions on Sale of Common Stock.............................. 12 (i).........................................11

Offering Memorandum. 11 (b) 16 B. Notice and Effect of Material Events.............................. 11 (c) ..............................16 C. Amendment to Offering Memorandum and Supplements.................. 11 (d) ..................17 D. Qualification of Securities for Offer and Sale.................... 11 (e) DTC............................................................... 12 (f) Use of Proceeds................................................... 12 (g) Restriction on Sale of Securities................................. 12 (h) Restrictions on Sale of Common Stock.............................. 12 (i)....................17 E.

Offering Memorandum. 11 8 (b) Notice and Effect of Material Events.............................. 11 ...................................................8 (c) Amendment to Offering Memorandum and Supplements.................. 11 .......................................8 (d) Qualification of Securities for Offer and Sale.................... 11 .........................................8 (e) DTC............................................................... 12 Rating of Securities...................................................................9 (f) DTC....................................................................................9 (g) Use of Proceeds................................................... 12 ........................................................................9 (gh) Restriction on Sale of Securities................................. 12 (h) Restrictions on Sale of Common Stock.............................. 12 (i)......................................................9