(d) Only the Company can register the Management Units under the Securities Act and applicable state securities laws, but it is not anticipated that the Management Units will be registered in any event;
(e) The Company has not made any representations to Grantee that the Company will register the Management Units under the Securities Act or any applicable state securities laws, or with respect to compliance with any exemption therefrom;
(f) Grantee is aware of the conditions restricting the Transfer of the Management Units under the Company LLC Agreement, the Securities Act and applicable state securities laws; and
(g) The Company may, from time to time, make stop transfer notations in its transfer record to ensure compliance with the Securities Act and any applicable state securities laws, and any additional restrictions imposed by state securities administrators.
7.4 Additional Acknowledgements. Grantee acknowledges that:
(a) Neither Grantee nor anyone acting on Grantees behalf has paid, or will pay, a commission or other remuneration to any Person in connection with the acquisition of the Management Units; and
(b) At the time and as a condition of delivery of documents evidencing the Management Units, Grantee will be deemed to have made all the representations and warranties contained in this Paragraph 7 with respect to such Management Units and may be required to make other representations concerning investment intent as a condition of the delivery of such Management Units by the Company.
7.5 All Awards Subject to Written Agreement. Grantee acknowledges he or she has not heretofore received from the Company, and is not the holder of, any equity-related award (including, without limitation, the Management Units), other than awards, if any, evidenced by a written agreement between the Company and Grantee.
7.6 No Reliance on the Company. In making his investment decision with respect to the receipt of the Management Units, Grantee has not relied upon any entity within the Employer Group, or any representative thereof for any advice of any sort, including, but not limited to, tax or securities law advice.
7.7 Private Offering. Grantee has not become aware of, and has not entered into this Agreement as a result of, any advertisement in printed media of general and regular paid circulation (or other printed public media), radio, television or telecommunications or other form of advertisement (including electronic display) with respect to the Company or the offering or the distribution of the Management Units.