Common use of Transfer to Affiliates Clause in Contracts

Transfer to Affiliates. Notwithstanding the provisions of Section 3.1(f) above, no registration statement or opinion of counsel shall be necessary for a transfer by Schering of the Shares to a subsidiary, shareholder or affiliate of Schering, if the transferee agrees in writing to be subject to the terms hereof to the same extent as if such transferee were Schering hereunder.