Common use of SEC Rule 144 Clause in Contracts

SEC Rule 144. In addition, Purchaser has been advised that SEC ------------ Rule 144 promulgated under the Securities Act, which permits certain limited sales of unregistered securities, is not presently available with respect to the Shares and, in any event, requires that the Shares be held for a minimum of one (1) year, and in certain cases two (2) years, after they have been purchased and --- paid for (within the meaning of Rule 144). Purchaser understands that Rule 144 -------- may indefinitely restrict transfer of the Shares so long as Purchaser remains an "affiliate" of the Company or if "current public information" about the Company (as defined in Rule 144) is not publicly available.

SEC Rule 144. In addition, Purchaser has been advised that SEC ------------ Rule 144 promulgated under the Securities Act, which permits certain limited sales of unregistered securities, is not presently available with respect to the Shares and, in any event, requires that the Shares be held for a minimum of one (1) year, and in certain cases two (2) years, after they have been purchased and --- paid for (within the meaning of Rule 144). Purchaser understands that Rule 144 -------- may indefinitely restrict transfer of the Shares so long as Purchaser remains an "“affiliate" ” of the Company or if "“current public information" ” about the Company (as defined in Rule 144) is not publicly available.

SEC Rule 144. In addition, Purchaser has been advised that SEC ------------ Rule 144 promulgated under the Securities Act, which permits certain limited sales of unregistered securities, is not presently may be available with respect to the Shares and, in any event, requires that the Shares be held for a minimum of six (6) months, and in certain cases one (1) year, and in certain cases two (2) years, after they have been purchased and --- paid for (within the meaning of Rule 144). Purchaser understands that Rule 144 -------- may indefinitely restrict transfer of the Shares so long as Purchaser remains an "“affiliate" ” of the Company or if "“current public information" ” about the Company (as defined in Rule 144) is not publicly available.

SEC Rule 144. In addition, Purchaser has been advised that SEC ------------ Rule 144 promulgated under the Securities Act, which permits certain limited sales of unregistered securities, is not presently available with respect to the Shares and, in any event, requires that the Shares be held for a minimum of six (6) months, and in certain cases one (1) year, and in certain cases two (2) years, after they have been purchased and --- paid for (within the meaning of Rule 144). Purchaser understands that Rule 144 -------- may indefinitely restrict transfer of the Shares so long as Purchaser remains an "“affiliate" ” of the Company or if "“current public information" ” about the Company (as defined in Rule 144) is not publicly available.

SEC Rule 144. In addition, Purchaser has been advised ------------ that SEC ------------ Rule 144 promulgated under the Securities Act, which permits certain limited sales of unregistered securities, is not presently available with respect to the Shares and, in any event, requires that the Shares be held for a minimum of one (1) year, and in certain cases two (2) years, after they have been purchased and --- paid for (within the meaning of Rule 144). Purchaser ------------ understands that Rule 144 -------- may indefinitely restrict transfer of the Shares so long as Purchaser remains an "affiliate" of the Company or if "current public information" about the Company (as defined in Rule 144) is not publicly available.

SEC Rule 144. In addition, Purchaser has been advised ------------ that SEC ------------ Rule 144 promulgated under the Securities Act, which permits certain limited sales of unregistered securities, is not presently available with respect to the Shares and, in any event, requires that the Shares be held for a minimum of one (1) year, and in certain cases two (2) years, after they have been purchased and --- paid for (within the meaning of Rule 144). Purchaser understands ------------ underst1ands that Rule 144 -------- may indefinitely restrict transfer of the Shares so long as Purchaser remains an "affiliate" of the Company or if "current public information" about the Company (as defined in Rule 144) is not publicly available.

SEC Rule 144. In addition, Purchaser has been advised that SEC ------------ Rule 144 promulgated under the Securities Act, which permits certain limited sales of unregistered securities, is not presently available with respect to the Shares and, in any event, requires that the Shares be held for a minimum of one (1) yearsix months, and in certain cases two (2) yearsone year, after they have been purchased and --- paid for (within the meaning of Rule 144). Purchaser understands that Rule 144 -------- may indefinitely restrict transfer of the Shares so long as Purchaser remains an "“affiliate" ” of the Company or if "“current public information" ” about the Company (as defined in Rule 144) is not publicly available.

SEC Rule 144. In addition, the Purchaser has been advised that SEC ------------ Rule 144 promulgated under the Securities Act, which permits certain limited sales of unregistered securities, is not presently available with respect to the Shares and, in any event, requires that the Shares be held for a minimum of one (1) year, and in certain cases two (2) years, after they have been purchased and --- paid for (within the meaning of Rule 144). The Purchaser understands that Rule 144 -------- may indefinitely restrict transfer of the Shares so long as the Purchaser remains an "“affiliate" ” of the Company or if "“current public information" ” about the Company (as defined in Rule 144) is not publicly available.

SEC Rule 144. In addition, Purchaser has been advised that SEC ------------ Rule 144 promulgated under the Securities Act, which permits certain limited sales of unregistered securities, is not presently available with respect to the Shares and, in any event, requires that the Shares be held for a minimum of six (6) months, and in certain cases one (1) year, and in certain cases two (2) years, after they have been purchased and --- paid for (within the meaning of Rule 144). Purchaser understands that Rule 144 -------- may indefinitely restrict transfer of the Shares so long as Purchaser remains an "“affiliate" ” of the Company or if "“current public information" ” about the Company (as defined in Rule 144) is not publicly available.