Transferability, etc. This Warrant is issued upon the following terms, to all of which each holder or owner hereof by the taking hereof consents and agrees: (a) title to this Warrant or a portion hereof may be transferred by endorsement (by the Transferor executing the Transferor Endorsement Form) and delivery in the manner set forth in Section 7 following any required consent by the Company; (b) subject to the Company consent requirements in Section 7, any person in possession (which possession may be joint) of this Warrant with an executed Transferor Endorsement Form naming such person as a Transferee under the heading "Transferees" is authorized to represent himself as absolute owner of the portion of this Warrant stated in such Transferor Endorsement Form opposite the name of such person under the heading "Number Transferred" and is empowered to transfer absolute title to such portion of this Warrant by endorsement and delivery thereof to a bona fide purchaser thereof for value; each prior taker or owner waives and renounces all of his equities or rights in this Warrant in favor of each such bona fide purchaser, but shall remain obligated under any confidentiality agreement and/or public trading lock-up agreement executed in connection with this Warrant and each such bona fide purchaser shall acquire absolute title hereto and to all rights represented hereby; and (c) until this Warrant is transferred on the books of the Company, the Company may treat the registered holder hereof as the absolute owner hereof for all purposes, notwithstanding any notice to the contrary.
Appears in 4 contracts
Samples: Warrant Agreement (Integrated Business Systems & Services Inc), Common Stock Purchase Warrant (Integrated Business Systems & Services Inc), Warrant Agreement (Integrated Business Systems & Services Inc)
Transferability, etc. This Warrant is issued upon the following terms, to -------------------- all of which each holder or owner hereof by the taking hereof consents and agrees:
(a) title to this Warrant or a portion hereof may be transferred by endorsement (by the Transferor executing the Transferor Endorsement Form) and delivery in the manner set forth in Section 7 following any required consent by the Company;
(b) subject to the Company consent requirements in Section 7, any person in possession (which possession may be joint) of this Warrant with an executed Transferor Endorsement Form naming such person as a Transferee under the heading "Transferees" is authorized to represent himself as absolute owner of the portion of this Warrant stated in such Transferor Endorsement Form opposite the name of such person under the heading "Number Transferred" and is empowered to transfer absolute title to such portion of this Warrant by endorsement and delivery thereof to a bona fide purchaser thereof for value; each prior taker or owner waives and renounces all of his equities or rights in this Warrant in favor of each such bona fide purchaser, but shall remain obligated under any confidentiality agreement and/or public trading lock-up agreement executed in connection with this Warrant and each such bona fide purchaser shall acquire absolute title hereto and to all rights represented hereby; and
(c) until this Warrant is transferred on the books of the Company, the Company may treat the registered holder hereof as the absolute owner hereof for all purposes, notwithstanding any notice to the contrary.
Appears in 3 contracts
Samples: Warrant Agreement (Integrated Business Systems & Services Inc), Warrant Agreement (Integrated Business Systems & Services Inc), Warrant Agreement (Integrated Business Systems & Services Inc)