Common use of Registration Rights; Restrictions Upon Resale Clause in Contracts

Registration Rights; Restrictions Upon Resale. The Shares have not been registered under the Act or any state securities or blue-sky law and subscribers may not sell or otherwise transfer such securities except pursuant to registration under the Act and any applicable state securities laws or exemptions therefrom. Because of such restrictions, a subscriber for the Shares must bear the economic risks of such investment for an indefinite period of time.

Registration Rights; Restrictions Upon Resale. The Shares Securities have not been registered under the Act or any state securities or blue-sky law and subscribers may not sell or otherwise transfer such securities except pursuant to registration under the Act and any applicable state securities laws or exemptions therefrom. Because of such restrictions, a subscriber for the Shares Units must bear the economic risks of such investment for an indefinite period of time.