Common use of TERMS AND CONDITIONS OF SUBSCRIPTION Clause in Contracts

TERMS AND CONDITIONS OF SUBSCRIPTION. General The Subscriber acknowledges the information contained in the Offering Memorandum including, in particular, those investment considerations described therein under the heading “Risk Factors”. Unless otherwise defined or the context otherwise requires, all capitalized terms used in this subscription form (“Subscription Agreement”) have the meanings given in the Offering Memorandum. The Subscriber tenders herewith full payment of the aggregate subscription amount of the Shares set forth in Section 1 above to the Corporation. This subscription will not be accepted and no Shares will be issued to the Subscriber unless the Corporation has received the subscription proceeds within such time as stipulated by the Corporation and this Subscription Agreement duly completed. Subscription funds received prior to a Subscription Date (as defined in the Offering Memorandum) will be kept in trust, in a non-interest bearing account, for the Subscriber pending the acceptance of the subscription. The Subscriber acknowledges that a subscription for Shares is subject to the acceptance of this Subscription Agreement by the Corporation and to certain other conditions set forth in the Offering Memorandum. The Subscriber agrees that this subscription is given for valuable consideration and shall not be withdrawn or revoked by the Subscriber. The acceptance of this subscription shall be effective upon the written acceptance of this Subscription Agreement by the Corporation and the deposit of the Subscriber’s payment into the Corporation’s account. Subject to applicable laws, the Corporation may at its sole discretion, allow an investor to invest in a class of Shares regardless of the subscription amount contributed by the investor. This Subscription Agreement and subscription proceeds shall be returned without interest or deduction to the Subscriber if this subscription is not accepted. If the subscription is accepted only in part, that portion of the subscription amount for the Shares which is not accepted will be promptly returned to the Subscriber without interest or penalty.