Common use of Pennsylvania Clause in Contracts

Pennsylvania. The undersigned hereby acknowledges that the USA Securities have not been registered under Section 201 of the Pennsylvania Blue Sky Laws and are subject to restrictions on transferability and sale of securities as set forth herein. The undersigned hereby agrees that the USA Securities will not be transferred or resold without registration under such Laws or exemption therefrom. Furthermore, the undersigned acknowledges that he is aware of his right, pursuant to Sec. 207(m)(2) to withdraw his acceptance without incurring any liability to the seller within two (2) business days from the date of receipt by the issuer of his written binding contract of purchase.

Pennsylvania. The undersigned hereby acknowledges that the USA Securities have not been registered under Section 201 of the Pennsylvania Blue Sky Laws and are subject to restrictions on transferability and sale of securities as set forth herein. The undersigned hereby agrees that the USA Securities will not be transferred or resold without registration under such Laws or exemption therefromt herefrom. Furthermore, the undersigned acknowledges that he is aware of his right, pursuant to Sec. 207(m)(2) to withdraw his acceptance without incurring any liability to the seller within two (2) business days from the date of receipt by the issuer of his written binding contract of purchase.