Common use of Organization and Authorization Clause in Contracts

Organization and Authorization. The Investor is organized and validly existing under the laws of its jurisdiction of organization and has the requisite corporate power and authority to enter into and perform its obligations under this Agreement and to subscribe for or acquire the Advance Shares in accordance with the terms hereof. The decision to invest and the execution and delivery of this Agreement by the Investor, the performance by the Investor of its obligations hereunder and the consummation by the Investor of the transactions contemplated hereby have been duly authorized and require no other proceedings on the part of the Investor. This Agreement has been duly executed and delivered by the Investor and, assuming the execution and delivery hereof and acceptance thereof by the Company, will constitute the legal, valid and binding obligations of the Investor, enforceable against the Investor in accordance with its terms.

Organization and Authorization. The Investor is duly incorporated or organized and validly existing under in the laws jurisdiction of its jurisdiction of incorporation or organization and has the all requisite corporate power and authority to enter into purchase and perform its obligations under this Agreement and to subscribe for or acquire hold the Advance Shares in accordance with the terms hereofsecurities issuable hereunder. The decision to invest and the execution and delivery of this Agreement by the such Investor, the performance by the such Investor of its obligations hereunder and the consummation by the such Investor of the transactions contemplated hereby have been duly authorized and require requires no other proceedings on the part of the Investor. The undersigned has the right, power and authority to execute and deliver this Agreement and all other instruments on behalf of the Investor. This Agreement has been duly executed and delivered by the Investor and, assuming the execution and delivery hereof and acceptance thereof by the Company, will constitute the legal, valid and binding obligations of the Investor, enforceable against the Investor in accordance with its terms.

Organization and Authorization. The Investor is duly incorporated or organized and validly existing under in the laws jurisdiction of its jurisdiction of incorporation or organization and has the all requisite corporate power and authority to enter into purchase and perform its obligations under this Agreement and to subscribe for or acquire hold the Advance Shares in accordance with the terms hereofsecurities issuable hereunder. The decision to invest and the execution and delivery of this Agreement by the such Investor, the performance by the such Investor of its obligations hereunder and the consummation by the such Investor of the transactions contemplated hereby have been duly authorized and require requires no other proceedings on the part of the Investor. The undersigned has the right, power and authority to execute and deliver this Agreement and all other instruments, on behalf of the Investor. This Agreement has been duly executed and delivered by the Investor and, assuming the execution and delivery hereof and acceptance thereof by the Company, will constitute the legal, valid and binding obligations of the Investor, enforceable against the Investor in accordance with its terms.

Organization and Authorization. The Investor is duly incorporated or organized and validly existing under in the laws jurisdiction of its jurisdiction of incorporation or organization and has the all requisite corporate power and authority to enter into purchase and perform its obligations under this Agreement and to subscribe for or acquire hold the Advance Shares in accordance with the terms hereofsecurities issuable hereunder. The decision to invest and the execution and delivery of this Agreement by the such Investor, the performance by the such Investor of its obligations hereunder and the consummation by the such Investor of the transactions contemplated hereby have been duly authorized and require requires no other proceedings on the part of the Investor. The undersigned has the right, power and authority to execute and deliver the Transaction Documents on behalf of the Investor. This Agreement has been duly executed and delivered by the Investor and, assuming the execution and delivery hereof and acceptance thereof by the Company, will constitute the legal, valid and binding obligations of the Investor, enforceable against the Investor in accordance with its terms.

Organization and Authorization. The Investor is Investors are duly incorporated or organized and validly existing under in the laws country of its jurisdiction of their incorporation or organization and has the have all requisite corporate power and authority to enter into purchase and perform its obligations under this Agreement and to subscribe for or acquire hold the Advance Shares in accordance with the terms hereofsecurities issuable hereunder. The decision to invest and the execution and delivery of this Agreement by the InvestorInvestors, the performance by the Investor Investors of its their obligations hereunder and the consummation by the Investor Investors of the transactions contemplated hereby have been duly authorized and require requires no other proceedings on the part of the InvestorInvestors. The undersigned has all right, power and authority to execute and deliver this Agreement on behalf of the Investors. This Agreement has been duly executed and delivered by the Investor Investors and, assuming the execution and delivery hereof and acceptance thereof by the Company, will constitute the legal, valid and binding obligations of the InvestorInvestors, enforceable against the Investor Investors in accordance with its terms.

Organization and Authorization. The Investor is Investors are duly incorporated ------------------------------ or organized and validly existing under in the laws country of its jurisdiction of their incorporation or organization and has the have all requisite corporate power and authority to enter into purchase and perform its obligations under this Agreement and to subscribe for or acquire hold the Advance Shares in accordance with the terms hereofsecurities issuable hereunder. The decision to invest and the execution and delivery of this Agreement by the InvestorInvestors, the performance by the Investor Investors of its their obligations hereunder and the consummation by the Investor Investors of the transactions contemplated hereby have been duly authorized and require requires no other proceedings on the part of the InvestorInvestors. The undersigned has all right, power and authority to execute and deliver this Agreement on behalf of the Investors. This Agreement has been duly executed and delivered by the Investor Investors and, assuming the execution and delivery hereof and acceptance thereof by the Company, will constitute the legal, valid and binding obligations of the InvestorInvestors, enforceable against the Investor Investors in accordance with its terms.

Organization and Authorization. The Investor Such Investor, if an entity, is duly incorporated or organized and validly existing under in the laws jurisdiction of its jurisdiction of incorporation or organization and has the all requisite corporate power and authority to enter into purchase and perform its obligations under this Agreement and to subscribe for or acquire hold the Advance Shares in accordance with the terms hereofsecurities issuable hereunder. The decision to invest and the execution and delivery of this Agreement by the such Investor, the performance by the such Investor of its obligations hereunder and the consummation by the such Investor of the transactions contemplated hereby have been duly authorized and require requires no other proceedings on the part of such Investor. Such Investor has the right, power and authority to execute and deliver this Agreement and all other instruments, on behalf of such Investor. This Agreement has been duly executed and delivered by the such Investor and, assuming the execution and delivery hereof and acceptance thereof by the Company, will constitute the legal, valid and binding obligations of the such Investor, enforceable against the such Investor in accordance with its terms.

Organization and Authorization. The Investor is duly incorporated or organized and validly existing under in the laws jurisdiction of its jurisdiction of incorporation or organization and has the all requisite corporate power and authority to enter into purchase and perform its obligations under this Agreement and to subscribe for or acquire hold the Advance Shares in accordance with the terms hereofCommon Stock issuable hereunder. The decision to invest and the execution and delivery of this Agreement by the Investor, the performance by the Investor of its obligations hereunder and the consummation by the Investor of the transactions contemplated hereby have been duly authorized and require requires no other proceedings on the part of the Investor. The undersigned signatory of the Investor has the right, power and authority to execute and deliver this Agreement and all other instruments on behalf of the Investor. This Agreement has been duly executed and delivered by the Investor and, assuming the execution and delivery hereof and acceptance thereof by the Company, will constitute the a legal, valid and binding obligations obligation of the Investor, enforceable against the Investor in accordance with its terms.

Organization and Authorization. The Investor is duly incorporated or organized and validly existing under in the laws country of its jurisdiction of incorporation or organization and has the have all requisite corporate power and authority to enter into purchase and perform its obligations under this Agreement and to subscribe for or acquire hold the Advance Shares in accordance with the terms hereofsecurities issuable hereunder. The decision to invest and the execution and delivery of this Agreement by the Investor, the performance by the Investor of its obligations hereunder and the consummation by the Investor of the transactions contemplated hereby have been duly authorized and require requires no other proceedings on the part of the Investor. The undersigned has all right, power and authority to execute and deliver this Agreement on behalf of the Investor. This Agreement has been duly executed and delivered by the Investor and, assuming the execution and delivery hereof and acceptance thereof by the Company, will constitute the legal, valid and binding obligations of the Investor, enforceable against the Investor in accordance with its terms.

Organization and Authorization. The Such Investor is duly incorporated or organized and validly existing under in the laws jurisdiction of its jurisdiction of incorporation or organization and has the all requisite corporate power and authority to enter into purchase and perform its obligations under this Agreement and to subscribe for or acquire hold the Advance Shares in accordance with the terms hereofsecurities issuable hereunder. The decision to invest and the execution and delivery of this Agreement by the such Investor, the performance by the such Investor of its obligations hereunder and the consummation by the such Investor of the transactions contemplated hereby have been duly authorized and require requires no other proceedings on the part of such Investor. The undersigned has the right, power and authority to execute and deliver this Agreement and all other instruments, on behalf of such Investor. This Agreement has been duly executed and delivered by the such Investor and, assuming the execution and delivery hereof and acceptance thereof by the Company, will constitute the legal, valid and binding obligations of the such Investor, enforceable against the such Investor in accordance with its terms.