Common use of Waiver of Section 18-305 Rights Clause in Contracts

Waiver of Section 18-305 Rights. By executing this agreement, the SHAREHOLDER expressly and completely waive, to the fullest extent permitted by law, the SHAREHOLDER’S rights to request to review and obtain information relating to and maintained by the COMPANY, including, but not limited to, names and contact information of the COMPANY’S Shareholders, members, information listed in Section 18-305 of the Delaware Limited Liability Company Act, as amended, and any other information deemed to be confidential by the COMPANY in its sole discretion. In addition, by executing this SUBSCRIPTION AGREEMENT, the SHAREHOLDER expressly agrees not to seek to compel the COMPANY to produce any information described in the preceding sentence or pursuant to any statutory scheme or provision. BY AGREEING TO BE SUBJECT TO THE WAIVER PROVISIONS, SHAREHOLDERS WILL NOT BE DEEMED TO WAIVE THE COMPANY’S COMPLIANCE WITH THE FEDERAL SECURITIES LAWS AND THE RULES AND REGULATIONS PROMULGATED THEREUNDER.