Common use of Restriction on Transfer of Securities Clause in Contracts

Restriction on Transfer of Securities. Notwithstanding anything herein to the contrary, neither the Warrants nor the Common Stock issued upon exercise of the Warrants may be transferred, assigned, pledged or hypothecated for a period of one year following the IPO Effective Date, provided, however, that during such period, the Warrants or the Common Stock issued upon exercise of the Warrants may be transferred, in accordance with the provisions of Conduct Rule 2710(c)(7) of the National Association of Securities Dealers, Inc. (the "NASD"), to any member of the NASD participating in the IPO or to any corporate officer of Prudential or its affiliates

Restriction on Transfer of Securities. Notwithstanding anything herein to the contrary, neither the Warrants nor the Common Stock issued upon exercise of the Warrants may be transferred, assigned, pledged or hypothecated for a period of one year following the IPO Effective Date, provided, however, that during such period, the Warrants or the Common Stock 53 18 issued upon exercise of the Warrants may be transferred, in accordance with the provisions of Conduct Rule 2710(c)(7) of the National Association of Securities Dealers, Inc. (the "NASD"), to any member of the NASD participating in the IPO or to any corporate officer of Prudential or its affiliates