Common use of RELIANCE UPON ORAL REPRESENTATIONS Clause in Contracts

RELIANCE UPON ORAL REPRESENTATIONS. The Company and the Stockholders each represent and warrant: (a) that each has been fully informed by his or its legal counsel (except to the extent any such Stockholder has elected not to retain legal counsel) and by his or its own independent judgment of the terms, conditions and effects of this Agreement; (b) that each has been represented by independent legal counsel of his or its choice throughout all negotiations preceding the execution of this Agreement and has received the advice of his or its attorney in entering into this Agreement, or has made his or her own decision not to retain legal counsel; (c) that each, personally or through his or its independently-retained attorneys, is fully satisfied with the terms and effects of this Agreement; (d) that no promise or inducement has been offered or made to him or it except as expressly stated in this Agreement or any other written agreement entered into in connection herewith; and (e) that this Agreement is executed without reliance on any oral statement or oral representation by any other party or any other party's agent or attorney.