Investment Purposes. The Purchaser is acquiring the Shares for its own account as principal, not as a nominee or agent, for investment purposes only, and not with a view to, or for, resale, distribution or fractionalization thereof in whole or in part in any transactions that would be in violation of the Securities Act or any state securities or "blue-sky" laws. No other Person has a direct or indirect beneficial interest in, and such Purchaser does not have any contract, undertaking, agreement or arrangement with any Person to sell, transfer or grant participations to such Person or to any third party, with respect to, the Shares or any part thereof that would be in violation of the Securities Act or any state securities or "blue-sky" laws or other applicable Law.
Investment Purposes. The Purchaser is acquiring the Shares for itshis own account as principal, not as a nominee or agent, for investment purposes only, and not with a view to, or for, resale, distribution or fractionalization thereof in whole or in part in any transactions that would be in violation of the Securities Act or any state securities or "blue-sky" laws. Noand no other Personperson has a direct or indirect beneficial interest in, and suchin the amount of restricted Shares the Purchaser is acquiring herein. Further, the Purchaser does not have any contract, undertaking, agreement or arrangement with any Personperson to sell, transfer or grant participations to such Personperson or to any third party,person, with respect to,to the restricted Shares or any part thereof that would be in violation of the Securities Act or any state securities or "blue-sky" laws or other applicable Law.Purchaser is acquiring.
Investment Purposes.Intent. The Purchased Shares to be acquired by Purchaser is acquiring the Sharesare being acquired for itsPurchasers own account as principal, notor as a nominee or agent, for investment purposes only,the applicable beneficial holder and not withwithout a view to,to the distribution of such Purchased Shares or for, resale, distribution or fractionalization thereof in whole or in part in any transactions that would beinterest therein in violation of the Securities Act of 1933 (the 1933 Act) or anyapplicable state securities or "blue-sky" laws. No other Person has a direct or indirect beneficial interest in, and such Purchaser does not have any contract, undertaking, agreement or arrangement with any Person to sell, transfer or grant participations to such Person or to any third party, with respect to, the Shares or any part thereof that would be in violation of the Securities Act or any state securities or "blue-sky" laws or other applicable Law.
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