Common use of Unregistered Security Clause in Contracts

Unregistered Security. This Warrant and the Warrant Shares have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and may not be sold, pledged, distributed, offered for sale, transferred or otherwise disposed of in the absence of (i) an effective registration statement under the Securities Act as to this Warrant or such Warrant Shares and registration or qualification of this Warrant or such Warrant Shares under any applicable U.S. federal or state securities law then in effect, or (ii) an opinion of counsel, reasonably satisfactory to the Company, that such registration or qualification is not required. Each certificate or other instrument for Warrant Shares issued upon the exercise of this Warrant shall bear a legend substantially to the foregoing effect.

Unregistered Security. This Warrant and the Warrant Shares Stock have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and may not be sold, pledged, distributed, offered for sale, transferred or otherwise disposed of in the absence of (i) an effective registration statement under the Securities Act as to this Warrant or such Warrant Shares Stock and registration or qualification of this Warrant or such Warrant Shares Stock under any applicable U.S. federal or state securities law then in effect, or (ii) an opinion of counsel, reasonably satisfactory to the Company, that such registration or qualification is not required. Each certificate or other instrument for Warrant Shares Stock issued upon the exercise of this Warrant shall bear a legend substantially to the foregoing effect.

Unregistered Security. This Warrant and the Warrant Shares have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and may not be sold, pledged, distributed, offered for sale, transferred or otherwise disposed of in the absence of (i) an effective registration statement under the Securities Act as to this Warrant or such Warrant Shares and registration or qualification of this Warrant or such Warrant Shares under any applicable U.S. federal or state securities law then in effect, effect or (ii) an opinion of counsel, reasonably satisfactory to the Company, that such registration or qualification is not required. Each certificate or other instrument for Warrant Shares issued upon the exercise of this Warrant shall bear a legend substantially to the foregoing effect.

Unregistered Security. This The holder of this Warrant acknowledges that this Warrant and the Warrant Shares Stock have not been registered under the Securities Act of 1933, as amended (the “Securities Act”) or applicable state securities laws (collectively, the “Acts”), and may agrees not be soldto sell, pledged, distributed, offered for sale, transferred encumber or otherwise disposed of in the absence of transfer this Warrant or any Warrant Stock issued upon its exercise unless (i) there is an effective registration statement under the Securities Act as covering the transaction, (ii) the Company receives an opinion of counsel satisfactory to this Warrant or the Company that such Warrant Shares and registration or qualification of this Warrant or such Warrant Shares under any applicable U.S. federal or state securities law then in effectis not required, or (iiiii) an opinion of counsel, reasonably satisfactory to the Company, Company otherwise satisfies itself that such registration or qualification is not required. Each certificate or other instrument for Warrant Shares Stock issued upon the exercise of this Warrant shall bear a legend substantially to the foregoing effect.