Common use of TRANSFER TO COMPLY WITH THE SECURITIES ACT OF 1933 Clause in Contracts

TRANSFER TO COMPLY WITH THE SECURITIES ACT OF 1933. (a) This Warrant and the Warrant Stock or any other security issued or issuable upon exercise of this Warrant may not be sold, transferred or otherwise disposed of except to a person who, in the opinion of counsel for the Company, is a person to whom this Warrant or such Warrant Stock may legally be transferred without registration and without the delivery of a current prospectus under the Securities Act with respect thereto and then only against receipt of an agreement of such person to comply with the provisions of this Section 4 with respect to any resale or other disposition of such securities. (b) The Company may cause the following legend to be set forth on each certificate representing Warrant Stock or any other security issued or issuable upon exercise of this Warrant, unless counsel for the Company is of the opinion as to any such certificate that such legend is unnecessary: THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”). THE SHARES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF A CURRENT AND EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT WITH RESPECT TO SUCH SHARES, OR AN OPINION OF THE ISSUER'S COUNSEL TO THE EFFECT THAT REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT.

TRANSFER TO COMPLY WITH THE SECURITIES ACT OF 1933. (a) This Warrant and the Warrant Stock or any other security issued or issuable upon exercise of this Warrant may not be sold, transferred or otherwise disposed of except to a person who, in the opinion of counsel for the Company, is a person to whom this Warrant or such Warrant Stock may legally be transferred without registration and without the delivery of a current prospectus under the Securities Act with respect thereto and then only against receipt of an agreement of such person to comply with the provisions of this Section 4 with respect to any resale or other disposition of such securities. (b) The Company may cause the following legend legend, or one similar thereto, to be set forth on this Warrant and on each certificate representing Warrant Stock Securities, or any other security issued or issuable upon exercise of this Warrant, unless counsel for (a) the Company is has received an opinion of counsel satisfactory to the opinion Company as to any such certificate that such legend legend, or one similar thereto, is unnecessary: THE SHARES REPRESENTED BY unnecessary or (b) a registration statement with respect to this Warrant and the Warrant Securities has become effective under the Act. "THIS CERTIFICATE HAVE SECURITY HAS NOT BEEN REGISTERED FOR RESALE UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “"ACT"), OR ANY STATE SECURITIES ACT”). THE SHARES HAVE BEEN ACQUIRED FOR INVESTMENT LAWS AND MAY NOT BE OFFERED, SOLD, TRANSFERRED, ASSIGNED PLEDGED OR OTHERWISE DISPOSED OF HYPOTHECATED IN THE ABSENCE OF A CURRENT AND AN EFFECTIVE REGISTRATION STATEMENT AS TO SUCH SECURITY AND SUCH DISPOSITION FILED UNDER THE SECURITIES ACT WITH RESPECT TO SUCH SHARESACT, OR AN EXEMPTION FROM REGISTRATION, AND COMPLIANCE WITH APPLICABLE STATE SECURITIES LAWS. THE ISSUER MAY REQUIRE AN OPINION OF THE ISSUER'S COUNSEL SATISFACTORY TO THE EFFECT ISSUER HEREOF THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACTAND THAT SUCH LAWS ARE COMPLIED WITH."

TRANSFER TO COMPLY WITH THE SECURITIES ACT OF 1933. (a) This Warrant and Warrant, the Warrant Stock or any Shares, and all other security equity securities issued or issuable upon exercise of this Warrant Warrant, may not be soldoffered, transferred sold or otherwise disposed of except to a person whotransferred, in whole or in part, in the opinion absence of counsel for the Company, is a person to whom this Warrant or such Warrant Stock may legally be transferred without an effective registration and without the delivery of a current prospectus statement under the Securities Act with respect thereto of 1933, as amended (the "Act"), and then only against receipt all applicable state securities statutes, or an opinion of an agreement of counsel acceptable to the Company to the effect that such person to comply with the provisions of this Section 4 with respect to any resale or other disposition of such securitiesregistration is not required. (b) The Company may shall cause the following legend to be set forth on each certificate representing this Warrant, the Warrant Stock Shares, or any other equity security issued or issuable upon exercise of this Warrant, unless counsel for not theretofore distributed to the Company is of public or sold to underwriters, as defined in the opinion as to any such certificate that such legend is unnecessaryAct: THE SHARES REPRESENTED BY THIS CERTIFICATE "THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 19331933 OR UNDER THE LAWS OF ANY STATE, AS AMENDED (THE “SECURITIES ACT”). THE SHARES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED SOLD OR OTHERWISE DISPOSED OF TRANSFERRED IN THE ABSENCE OF A CURRENT AND AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT WITH RESPECT TO SUCH SHARES, LAWS OR AN OPINION OF COUNSEL ACCEPTABLE TO THE ISSUER'S COUNSEL COMPANY TO THE EFFECT THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACTREQUIRED."