Common use of Restricted Common Stock Clause in Contracts

Restricted Common Stock. The Purchaser understands that Suncross has not registered the Common Stock under the Securities Act of 1933, as amended (the “Act”) or the applicable securities laws of any state in reliance on exemptions from registration. The Purchaser further understands that such exemptions depend upon the Purchaser’s investment intent at the time the Purchaser acquires the Common Stock, the Purchaser therefore represents and warrants that the Purchaser is purchasing the Common Stock for her own account for investment and not with a view to distribution, assignment, resale or other transfer of the Common Stock. Except as specifically stated herein, no other person has a direct or indirect beneficial interest in the Common Stock. Because the Common Stock shares are not registered, the Purchaser is aware that she must hold them indefinitely unless they are registered under the Act and any applicable state securities laws or she must obtain exemptions from such registration.

Restricted Common Stock. The Purchaser understands that Suncross has not the Seller nor the Companies have registered the Common Stock under the Securities Act of 1933, as amended (the “Act”) or the applicable securities laws of any state in reliance on exemptions from registration. The Purchaser further understands that such exemptions depend upon the Purchaser’s investment intent at the time the Purchaser acquires the Common Stock, the Purchaser therefore represents and warrants that the Purchaser is purchasing the Common Stock for her its own account for investment and not with a view to distribution, assignment, resale or other transfer of the Common Stock. Except as specifically stated herein, no other person has a direct or indirect beneficial interest in the Common Stock. Because the Common Stock shares are not registered, the Purchaser is aware that she it must hold them the Common Stock indefinitely unless they such shares are registered under the Act and any applicable state securities laws or she it must obtain exemptions from such registration.

Restricted Common Stock. The Purchaser understands that Suncross has not registered the Common Stock under the Securities Act of 1933, as amended (the “Act”) or the applicable securities laws of any state in reliance on exemptions from registration. The Purchaser further understands that such exemptions depend upon the Purchaser’s investment intent at the time the Purchaser acquires the Common Stock, the Purchaser therefore represents and warrants that the Purchaser is purchasing the Common Stock for her own account for investment and not with a view to distribution, assignment, resale or other transfer of the Common Stock. Except as specifically stated herein, no other person has a direct or indirect beneficial interest in the Common Stock. Because the Common Stock shares are not registered, the Purchaser is aware that she he must hold them indefinitely unless they are registered under the Act and any applicable state securities laws or she he must obtain exemptions from such registration.