Common use of Purchasers’ Representative Clause in Contracts

Purchasers’ Representative. Each Stockholder who the Buyer determines is not an "accredited investor," as that term is defined in Rule 501 promulgated under the Securities Act of 1933, as amended (the "Securities Act"), hereby acknowledges that such Stockholder, by completing and executing a Stockholder Representation Form in the form attached hereto as Exhibit A (the "Stockholder Representation Form"), has appointed the Stockholders' Representative to serve as such Stockholder's "purchaser representative," as that term is defined in Rule 501 promulgated under the Securities Act for purposes of the Buyer's compliance with Regulation D under the Securities Act or otherwise. The Stockholders' Representative hereby accepts each such appointment to serve as the "purchaser's representative" for each Stockholder that is not an accredited investor.