American Home Shield 2013 Annual Report Download - page 222

(i) the Director understands that the rights of first refusal and other transfer restrictions that apply to the Shares may effectively
preclude the transfer of any of the Shares prior to a Public Offering;
(ii) the financial situation of the Director is such that he or she can afford to bear the economic risk of holding the Shares for an
indefinite period;
(iii) the Director can afford to suffer the complete loss of his or her investment in the Shares; and
(iv) the Director understands that the Company’s Financing Agreements may restrict the ability of the Company to repurchase the
Shares pursuant to Section 5 and that the Company and its Subsidiaries may enter into or amend, refinance or enter into new Financing
Agreements without regard to the impact on the Company’s ability to repurchase the Shares.
(c) Voluntary Purchase. The Director represents and warrants that the Director is purchasing the Shares voluntarily.
(d) No Right to Awards. The Director acknowledges and agrees that the sale of the Shares ( i) is being made on an exceptional basis and
are not intended to be renewed or repeated, ( ii) is entirely voluntary on the part of the Company and its Subsidiaries and ( iii) should not be construed
as creating any obligation on the part of the Company or any of its Subsidiaries to offer any securities in the future.
(e) Investment Intention. The Director represents and warrants that the Director is acquiring the Shares solely for his or her own account
for investment and not on behalf of any other person or with a view to, or for sale in connection with, any distribution of the Shares.
(f) Securities Law Matters. The Director acknowledges and represents and warrants that the Director understands that:
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