Common use of Restriction On Transfer of Representative's Warrant Clause in Contracts

Restriction On Transfer of Representative's Warrant. The Holder of a Representatives' Warrant Certificate (and its Permitted Transferee, as defined below), by its acceptance thereof, covenants and agrees that until _______________ , 2005, the Representatives' Warrant may not be sold, transferred, assigned, hypothecated or otherwise disposed of, in whole or in part, except to officers and partners of the Representatives (but not directors), or any Public Offering selling group member and their respective officers and partners, ("Permitted Transferees"). Thereafter the Representatives' Warrant may be transferred, assigned, hypothecated or otherwise disposed of in compliance with applicable law.

Restriction On Transfer of Representative's Warrant. The Holder of a Representatives' Representative's Warrant Certificate (and its Permitted Transferee, as defined below), by its acceptance thereof, covenants and agrees that until _______________ , 20052000 (one year following the effective date of the Public Offering), the Representatives' Representative's Warrant may not be sold, transferred, assigned, hypothecated or otherwise disposed of, in whole or in part, except to officers and partners of the Representatives (but not directors)Representatives, or any Public Offering selling group member and their respective officers and partners, ("Permitted Transferees"). Thereafter the Representatives' Representative's Warrant may be transferred, assigned, hypothecated or otherwise disposed of in compliance with applicable law.

Restriction On Transfer of Representative's Warrant. The Holder of a Representatives' Representative's Warrant Certificate (and its Permitted Transferee, as defined below), by its acceptance thereof, covenants and agrees that until _______________ March 19, 2005, the Representatives' Representative's Warrant may not be sold, transferred, assigned, hypothecated or otherwise disposed of, in whole or in part, except to officers and partners of the Representatives (but not directors)Representatives, or any Public Offering selling group member and their respective officers and partners, ("Permitted Transferees"). Thereafter the Representatives' Representative's Warrant may be transferred, assigned, hypothecated or otherwise disposed of in compliance with applicable law.

Restriction On Transfer of Representative's Warrant. The Holder of a Representatives' Representative's Warrant Certificate (and its Permitted Transferee, as defined below), by its acceptance thereof, covenants and agrees that until _______________ , 2005, the Representatives' Representative's Warrant may not be sold, transferred, assigned, hypothecated or otherwise disposed of, in whole or in part, except to officers and partners of the Representatives (but not directors), or any Public Offering selling group member and their respective officers and partners, ("Permitted Transferees"). Thereafter the Representatives' Representative's Warrant may be transferred, assigned, hypothecated or otherwise disposed of in compliance with applicable law.