Common use of Amendments to the Prospectus Clause in Contracts

Amendments to the Prospectus. The Company covenants and agrees that, if during the period specified herein, any event shall occur, as a result of which, in the judgment of the Company or in the opinion of Counsel for the Company, it becomes necessary to amend or supplement the Prospectus in order to make the statements therein, in light of the circumstances when the Prospectus is delivered to an offeree or purchaser, not misleading, or if it is necessary to amend or supplement the Prospectus to comply with any law, the Company shall take all steps necessary to make such amendments and to inform the Placement Agent so that it may furnish to Investors the amended Prospectus so that the statements in the Prospectus as so amended or supplemented will not, in the light of the circumstances when it is so delivered, be misleading, or so that the Prospectus will comply with the law, and to furnish to the Placement Agent and to such others as applicable, such information in a timely fashion.