Common use of Understanding of Risks Clause in Contracts

Understanding of Risks. The Participant is fully aware of: (i) the speculative nature of the investment in the shares of Common Stock; (ii) the financial hazards involved in investment of the Common Stock; (iii) the lack of liquidity of the shares subject to the Option and the restrictions on transferability of such shares; (iv) the qualifications and backgrounds of the management of the Corporation; and (v) the tax consequences of investment in the shares of Common Stock. The Participant is capable of evaluating the merits and risks of this investment, has the ability to protect his own interests in this transaction and is financially capable of bearing a total loss of this investment.

Understanding of Risks. The Participant is fully aware of: (i) the speculative nature of the investment in the shares of Common Stock; (ii) the financial hazards involved in investment of the Common Stock; (iii) the lack of liquidity of the shares subject to the Option and the restrictions on transferability of such shares; (iv) the qualifications and backgrounds of the management of the Corporation; and (v) the tax consequences of investment in the shares of Common Stock. The Participant is capable of evaluating the merits and risks of this investment, has the ability to protect his own interests in this transaction and is financially capable of bearing a total loss of from this investment.

Understanding of Risks. The Participant is fully aware of: (i) the speculative nature of the investment in the shares of Common StockShares; (ii) the financial hazards involved in investment of in the Common StockShares; (iii) the lack of liquidity of the shares Shares subject to the Option Award and the restrictions on transferability of such sharesShares; (iv) the qualifications and backgrounds of the management of the Corporation; and (v) the tax consequences of investment in the shares of the Common Stock. The Participant is capable of evaluating the merits and risks of this investment, has the ability to protect his own interests in this transaction and is financially capable of bearing a total loss of this investmentfrom such acquisition.

Understanding of Risks. The Participant is fully aware of: (i) the speculative nature of the investment in the shares of Common Stock; (ii) the financial hazards involved in investment of in the Common Stock; (iii) the lack of liquidity of the shares Shares subject to the Option and the restrictions on transferability of such sharesShares; (iv) the qualifications and backgrounds of the management of the Corporation; and (v) the tax consequences of investment in the shares Shares of Common Stock. The Participant is capable of evaluating the merits and risks of this investment, has the ability to protect his the Participant’s own interests in this transaction and is financially capable of bearing a total loss of from this investment.

Understanding of Risks. The Participant is fully aware of: (i) the speculative nature of the investment in the shares of Common Stock; (ii) the financial hazards involved in investment of the Common Stock; (iii) the lack of liquidity of the shares subject to the Option and the restrictions on transferability of such shares; (iv) the qualifications and backgrounds of the management of the Corporation; and (v) the tax consequences of investment in the shares of Common Stock. The Participant is capable of evaluating the merits and risks of this investment, has the ability to protect his or her own interests in this transaction and is financially capable of bearing a total loss of from this investment.

Understanding of Risks. The Participant is fully aware of: (i) the speculative nature of the investment in the shares Shares of Common Stock; (ii) the financial hazards involved in investment of the Common Stock; (iii) the lack of liquidity of the shares Shares subject to the Option and the restrictions on transferability of such sharesShares; (iv) the qualifications and backgrounds of the management of the Corporation; and (v) the tax consequences of investment in the shares Shares of Common Stock. The Participant is capable of evaluating the merits and risks of this investment, has the ability to protect his own interests in this transaction and is financially capable of bearing a total loss of from this investment.

Understanding of Risks. The Participant is fully aware of: (i) the speculative nature of the investment in the shares Shares of Common Stock; (ii) the financial hazards involved in investment in the Shares of the Common Stock; (iii) the lack of liquidity of the shares Shares subject to the Option and the restrictions on transferability of such sharesShares; (iv) the qualifications and backgrounds of the management of the Corporation; and (v) the tax consequences of investment in the shares Shares of Common Stock. The Participant is capable of evaluating the merits and risks of this investment, has the ability to protect his the Participant’s own interests in this transaction and is financially capable of bearing a total loss of from this investment.

Understanding of Risks. The Participant is fully aware of: (i) the highly speculative nature of the investment in the shares of Common Stock; (ii) the financial hazards involved in investment of in the Common Stock; (iii) the lack of liquidity of the shares Shares subject to the Option Award and the restrictions on transferability of such sharesShares; (iv) the qualifications and backgrounds of the management of the Corporation; and (v) the tax consequences of investment in the shares of Common Stock. The Participant is capable of evaluating the merits and risks of this investment, has the ability to protect his own interests in this transaction and is financially capable of bearing a total loss of from this investment.

Understanding of Risks. The Participant is fully aware of: (i) the speculative nature of the investment in the shares Shares of Common Stock; (ii) the financial hazards involved in investment in the Shares of the Common Stock; (iii) the lack of liquidity of the shares Shares subject to the Option and the restrictions on transferability of such sharesShares; (iv) the qualifications and backgrounds of the management of the Corporation; and (v) the tax consequences of investment in the shares Shares of Common Stock. The Participant is capable of evaluating the merits and risks of this investment, has the ability to protect his own interests in this transaction and is financially capable of bearing a total loss of from this investment.

Understanding of Risks. The Participant is fully aware of: (i) the speculative nature of the investment in the shares of Common StockShares; (ii) the financial hazards involved in investment of in the Common StockShares; (iii) the lack of liquidity of the shares Shares subject to the Option and the restrictions on transferability of such sharesShares; (iv) the qualifications and backgrounds of the management of the Corporation; and (v) the tax consequences of investment in the shares of Common StockShares. The Participant is capable of evaluating the merits and risks of this investment, has the ability to protect his own interests in this transaction and is financially capable of bearing a total loss of from this investment.

Understanding of Risks. The Participant is fully aware of: (i) the speculative nature of the investment in the shares of Common StockShares; (ii) the financial hazards involved in investment of in the Common StockShares; (iii) the lack of liquidity of the shares Shares subject to the Option RSUs and the restrictions on transferability of such sharesthe Shares; (iv) the qualifications and backgrounds of the management of the Corporation; and (v) the tax consequences of investment in the shares of Common StockShares. The Participant is capable of evaluating the merits and risks of this investment, has the ability to protect his own interests in this transaction and is financially capable of bearing a total loss of from this investment.