Common use of Effect of Acceptance Clause in Contracts

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares and the Company will be entitled to receive the purchase price of the Shares as specified herein.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares and the Company will be entitled to receive the purchase price of the Shares as specified hereinSubscription Price.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares and the Company will be entitled to receive the purchase price of the Shares as specified herein.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares Securities and the Company will be entitled to receive the purchase price of the Shares Securities as specified herein. By Subscriber’s execution of this Subscription Agreement, Subscriber agrees to the bound by the terms and conditions of the Note and the Warrant.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it this agreement shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon on acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares and the Company will be entitled to receive the purchase price of the Shares as specified hereinShares.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares Tokens and the Company will be entitled to receive the purchase price of the Shares Tokens as specified herein.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares and the Company will be entitled to receive the purchase price Subscription Price of the Shares as specified herein. The minimum investment amount for a single investor is $10,000 for 2,000 shares. Subscriptions for less than the minimum investment will automatically be rejected.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, and upon effectuation of the purchase of the shares on a Block by Block basis as per Appendix A, the Subscriber will become the record and beneficial holder of the Shares (and the common stock represented thereby) and the Company will be entitled to receive the purchase price of the Shares as specified herein.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares Tokens and the Company will be entitled to receive the purchase price of the Shares Tokens as specified herein.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares Share and the Company will be entitled to receive the purchase price of the Shares as specified hereinSubscription Price.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares Units (and the underlying common stock, the Warrants and the common stock issuable upon exercise of the Warrants) and the Company will be entitled to receive the purchase price of the Shares Units by way of a reduction of indebtedness payable by the Company on account with the Subscriber as specified herein.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares Units (and the underlying common stock, the Warrants and the common stock issuable upon exercise of the Warrants) and the Company will be entitled to receive the purchase price of the Shares Units by way of a reduction of indebtedness payable by the Company on account with the Subscriber as specified herein.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares and the Company will be entitled to receive the purchase price of the Shares as specified herein.by

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s 's acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares Share and the Company will be entitled to receive the purchase price of the Shares Share as specified herein.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares shares of Common Stock and Warrants, if applicable, subscribed for and the Company will be entitled to receive the purchase price of the Shares as specified herein.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s 's acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares Note and the Company will be entitled to receive the purchase price of the Shares Note as specified herein.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares and the Company will be entitled to receive the purchase price Subscription Price of the Shares as specified herein. The minimum investment amount for a single investor is $1,000 for 5,900 shares. Subscriptions for less than the minimum investment will automatically be rejected.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription AgreementSubscription, it this Agreement shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon on acceptance by the Company of this Subscription AgreementSubscription, Subscriber will become the record and beneficial holder of the Shares Securities, and the Company will be entitled to receive the purchase price of the Shares as specified hereinPurchase Price.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription AgreementSubscription, it this Agreement shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon on acceptance by the Company of this Subscription AgreementSubscription, Subscriber will become the record and beneficial holder of the Shares and Warrants underlying the Units purchased, and the Company will be entitled to receive the purchase price of the Shares as specified hereinPurchase Price.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares and the Company will be entitled to receive the purchase price of the Shares as specified herein.Subscription

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares and the Company will be entitled to receive the purchase price of the Shares as specified herein. The minimum investment amount for a single investor is US$50,000 for 20,000 shares of Common Stock, subject to adjustment in the Company’s sole discretion.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon on acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares Series B Notes and Warrants and the Company will be entitled to receive the purchase price of the Shares as specified hereinSeries B Notes and Warrants.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares subscribed for and the Company will be entitled to receive the purchase price of the Shares as specified herein.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on that, upon the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription AgreementAgreement (in whole or in part), Subscriber will become the record and beneficial holder of the Shares and the Company will be entitled to receive the purchase price of the Shares as specified hereinfor which subscriptions are accepted in whole or in part.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares Units and the Company will be entitled to receive the purchase price of the Shares Units as specified herein.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription Agreement, Subscriber will become the record and beneficial holder of the Shares Note and the Company will be entitled to receive the purchase price of the Shares Note as specified herein.

Effect of Acceptance. Subscriber hereby acknowledges and agrees that on the Company’s acceptance of this Subscription Agreement, it shall become a binding and fully enforceable agreement between the Company and the Subscriber. As a result, upon acceptance by the Company of this Subscription AgreementAgreement and subject to the Company receiving accepted subscriptions for the Offering Amount, Subscriber will become the record and beneficial holder of the Shares Units (and the preferred stock, common stock and warrants represented thereby) and the Company will be entitled to receive the purchase price of the Shares Units as specified herein.