definiens: as defined in Rule 501(3 ) under the Securities Act of 1933 . as amended ( the " Securities AcC ) . The Holder has made detailed inquiry concerning the Company, its business and its personnel and has reviewed the Confidential Private Placement Memorandum issued by the Company in connection with the Offering ; the officers of the Company have made available to the Holder any and all written information which he, she or it has requested and have answered to the Holder 's satisfaction all inquiries made by the Holder ; and the Holder has sufficient knowledge and experience in finance and business that he . she or it is capable of evaluating the risks and merits of his, her or its investment in the Company and the Holder is able financially to bear the risks thereof ( c ) The Holder has full power and authority to execute this Note and to perform his, her or its obligations hereunder . If the Holder is a corporation, limited liability company, partnership or trust, the Holder represents that 0 ) it has not been organized, reorganized or recapitalized specifically for the purpose of investing in the Company and ( ii ) the undersigned is the duly authorized representative o[such entity