Common use of Representations and Warranties of the Undersigned Clause in Contracts

Representations and Warranties of the Undersigned. In order to induce the Company to issue the Units to the undersigned as a prospective offeree of the Units, the undersigned represents and warrants that: 1 The undersigned is either experienced in or knowledgeable with regard to the business of the Company, or is capable, by reason of knowledge and experience in financial and business matters in general, and investments in particular, of evaluating the merits and risks of an investment in the Units, and is able to bear the economic risk of the investment and can otherwise be reasonably assumed to have the capacity to protect the undersigned’s own interests in connection with the investment in the Units. 2 The undersigned is an “accredited investor”, as that term is defined in Rule 501(a) promulgated under the Act. 3 In evaluating the merits and risks of an investment in the Units, the undersigned has not relied upon the Company or the Company’s attorneys or advisers for legal or tax advice, and has, if desired, in all cases sought the advice of the undersigned’s own personal legal counsel and tax advisers.

Representations and Warranties of the Undersigned. In order to induce the Company to issue the Units Shares and Warrants to the undersigned as a prospective offeree of the Unitsundersigned, the undersigned represents and warrants that: 1 The undersigned is either experienced in or knowledgeable with regard to the business of the Company, or is capable, by reason of knowledge and experience in financial and business matters in general, and investments in particular, of evaluating the merits and risks of an investment in the UnitsShares and Warrants, and is able to bear the economic risk of the investment and can otherwise be reasonably assumed to have the capacity to protect the undersigned’s own interests in connection with the investment in the UnitsShares and Warrants. 2 The undersigned is an “accredited investor”, as that term is defined in Rule 501(a) promulgated under the Act. 3 In evaluating the merits and risks of an investment in the UnitsShares and Warrants, the undersigned has not relied upon the Company or the Company’s attorneys or advisers for legal or tax advice, and has, if desired, in all cases sought the advice of the undersigned’s own personal legal counsel and tax advisers.