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

Representations and Warranties of the Underwriter. The Underwriter represents and warrants to the Company that: (a) The Underwriter is a member in good standing of the National Association of Securities Dealers, Inc., and has complied with all NASD requirements concerning net capital and compensation to be received in connection with the Offering. (b) To the Underwriter's knowledge, there are no claims for services in the nature of a finder's origination fee with respect to the sale of the Shares hereunder to which the Company is, or may become, obligated to pay. (c) Neither the Underwriter nor any of its registered agents have provided purchasers of the Shares with any information concerning the Company other than the Prospectus.

Representations and Warranties of the Underwriter. The Underwriter represents and warrants to the Company that: (a) The Underwriter is a member in good standing of the National Association of Securities Dealers, Inc., and has complied with all NASD requirements concerning net capital and compensation to be received in connection with the Offering. (b) To the Underwriter's knowledge, there are no claims for services in the nature of a finder's origination fee with respect to the sale of the Shares Securities hereunder to which the Company is, or may become, obligated to pay. (c) Neither the Underwriter nor any of its registered agents representatives have provided purchasers of the Shares Securities with any information concerning the Company other than the Preliminary Prospectus and the Prospectus.