Common use of Title to Warrant Clause in Contracts

Title to Warrant. Prior to the Termination Date and subject to compliance with applicable laws and Section 7 of this Warrant, this Warrant and all rights hereunder are transferable, in whole or in part (but if in part, not in amounts less than the right to purchase 10,000 Warrant Shares), at the office or agency of the Company by the Holder in person or by duly authorized attorney, upon surrender of this Warrant together with the Assignment Form annexed hereto properly endorsed, provided that any such transferee is an "accredited investor" as defined in Rule 501(a) promulgated under the Securities Act. Prior to any transfer, the transferee shall sign an investment letter in form and substance reasonably satisfactory to the Company. Notwithstanding anything to the contrary contained herein, no Holder may assign this Warrant or any of its rights hereunder to a competitor or potential competitor of the Company.