Common use of Rule 144 Acknowledgments Clause in Contracts

Rule 144 Acknowledgments. a. The Executive represents and warrants to the Corporation that (i) he is purchasing the Shares for his own account without a view to any distribution thereof in violation of the Act or any applicable state securities laws, (ii) he is experienced in evaluating and making investments of this type, and has had access to, and to his knowledge has received, all the information that he reasonably has required to evaluate this investment and (iii) he is financially able to bear the risks associated with an investment in the Shares being purchased hereby.