Common use of Exchange, Transfer or Assignment of Warrant Clause in Contracts

Exchange, Transfer or Assignment of Warrant. This Warrant is not registered under the 1933 Act nor under any state securities law or regulation. This Warrant may not be sold, exchanged, transferred, assigned or otherwise disposed of unless registered pursuant to the provisions of the 1933 Act or an opinion of counsel in form and content satisfactory to the Company is delivered to the Company stating that such disposition is in compliance with an available exemption from registration. Any such disposition must also comply with applicable state securities laws and regulations.

Exchange, Transfer or Assignment of Warrant. This Warrant is not registered under the Securities Act of 1933, as amended (the "1933 Act Act") nor under any state securities law or regulation. This Warrant may not be sold, exchanged, transferred, assigned or otherwise disposed of unless registered pursuant to the provisions of the 1933 Act or an opinion of counsel in form and content satisfactory to the Company is delivered to the Company stating that such sale or other disposition is made in compliance with an available exemption from such registration. Any such sale or other disposition of this Warrant must also comply with all applicable state securities laws and regulations.