Common use of Transfer, Division and Combination Clause in Contracts

Transfer, Division and Combination. Subject to Sections 4 and 5 hereof, transfer of Purchased Shares and all rights thereunder, in whole or in part (the "Transferred Purchased Share"), shall be registered on the books of the Company to be maintained for such purpose, upon surrender of such Transferred Purchased Shares at the office of the Company maintained for such purpose pursuant to Section 11.03 hereof, together with a written power or assignment, duly executed by the relevant Holder and payment of funds sufficient to pay any transfer taxes payable upon the making of such transfer. Upon such surrender and, if required, such payment, the Company shall, subject to Sections 4 and 5 hereof and the immediately following sentence, (a) execute and deliver new Preferred Shares in the name of the assignee or assignees and in the denominations specified in such instrument of assignment, (b) issue to the assignor new Preferred Shares evidencing the portion of such Transferred Purchased Shares not so assigned or transferred and (c) promptly cancel such Transferred Purchased Shares. Preferred Shares, if properly assigned in compliance with Sections 4 and 5 hereof, may be converted by an assignee for shares of Common Stock without having new Preferred Shares issued. Notwithstanding any provision herein to the contrary, the Company shall not be required to register the transfer of Preferred Shares or Underlying Common Shares in the name of any Person who acquired such Preferred Shares (or part thereof) or any Underlying Common Stock otherwise than in accordance with this Agreement. The Company shall maintain with its transfer agent or at its aforesaid office, books for the registration and transfer of the Preferred Shares.

Transfer, Division and Combination. Subject to Sections 4 and 5 hereof, transfer of Purchased Shares a Warrant and all rights thereunder, in whole or in part (the "Transferred Purchased ShareWarrant"), shall be registered on the books of the Company to be maintained for such purpose, upon surrender of such Transferred Purchased Shares Warrant at the office of the Company maintained for such purpose pursuant to Section 11.03 15.03 hereof, together with a written power or assignmentassignment substantially in the form set out at the end of such Transferred Warrant, duly executed by the relevant Holder and payment of funds sufficient to pay any transfer taxes payable upon the making of such transfer. Upon such surrender and, if required, such payment, the Company shall, subject to Sections 4 and 5 hereof and the immediately second following sentence, (a) execute and deliver a new Preferred Shares Warrant or Warrants in the name of the assignee or assignees and in the denominations specified in such instrument of assignment, (b) issue to the assignor a new Preferred Shares Warrant evidencing the portion of such Transferred Purchased Shares Warrant not so assigned or transferred and (c) promptly cancel such Transferred Purchased SharesWarrant. Preferred SharesA Warrant, if properly assigned in compliance with Sections 4 and 5 hereof, may be converted exercised by an assignee for the purchase of shares of Common Stock without having a new Preferred Shares Warrant or Warrants issued. Notwithstanding any provision herein to the contrary, the Company shall not be required to register the transfer of Preferred Shares Warrants or Underlying Common Shares Warrant Stock in the name of any Person who acquired such Preferred Shares Warrant (or part thereof) or any Underlying Common Warrant Stock otherwise than in accordance with this Agreement. The Company shall maintain with its transfer agent or at its aforesaid office, books for the registration and transfer of the Preferred Shares.

Transfer, Division and Combination. Subject to Sections SECTIONS 4 and 5 hereof, transfer of Purchased Shares a Warrant and all rights thereunder, in whole or in part (the "Transferred Purchased ShareTRANSFERRED WARRANT"), shall be registered on the books of the Company to be maintained for such purpose, upon surrender of such Transferred Purchased Shares Warrant at the office of the Company maintained for such purpose pursuant to Section 11.03 SECTION 13.03 hereof, together with a written power or assignmentassignment substantially in the form set out at the end of such Transferred Warrant, duly executed by the relevant Holder and payment of funds sufficient to pay any transfer taxes payable upon the making of such transfer. Upon such surrender and, if required, such payment, the Company shall, subject to Sections SECTIONS 4 and 5 hereof and the immediately following sentence, (a) execute and deliver a new Preferred Shares Warrant or Warrants in the name of the assignee or assignees and in the denominations specified in such instrument of assignment, (b) issue to the assignor a new Preferred Shares Warrant evidencing the portion of such Transferred Purchased Shares warrant not so assigned or transferred and (c) promptly cancel such Transferred Purchased SharesWarrant. Preferred SharesA Warrant, if properly assigned in compliance with Sections SECTIONS 4 and 5 hereof, may be converted exercised by an assignee for the purchase of shares of Common Stock without having a new Preferred Shares Warrant or Warrants issued. Notwithstanding any provision herein to the contrary, the Company shall not be required to register the transfer of Preferred Shares Warrants or Underlying Common Shares Warrant Stock in the name of any Person who acquired such Preferred Shares Warrant (or part thereof) or any Underlying Common Warrant Stock otherwise than in accordance with this Agreement. The Company shall maintain with its transfer agent or at its aforesaid office, books for the registration and transfer of the Preferred SharesWarrants.

Transfer, Division and Combination. Subject to Sections 4 and 5 Section 14.03 hereof, transfer of Purchased Shares this Warrant and all rights thereunderhereunder, in whole or in part (the "Transferred Purchased Share")part, shall be registered on the books of the Company Issuer to be maintained for such purpose, upon surrender of such Transferred Purchased Shares this Warrant at the office of the Company Issuer maintained for such purpose pursuant to Section 11.03 14.01 hereof, together with a written power or assignmentassignment of this Warrant, substantially in the form of Annex B hereto, duly executed by the relevant Holder or its agent or attorney and payment of funds sufficient to pay any transfer taxes payable upon the making of such transfer. Upon such surrender and, if required, such payment, the Company Issuer shall, subject to Sections 4 and 5 Section 14.03 hereof and the immediately following sentence, (a) execute and deliver a new Preferred Shares Warrant or Warrants in the name of the assignee or assignees and in the denominations specified in such instrument of assignment, (b) issue to the assignor a new Preferred Shares Warrant evidencing the portion of such Transferred Purchased Shares this Warrant not so assigned or transferred and (c) promptly cancel such Transferred Purchased Sharesthis Warrant. Preferred SharesThis Warrant, if properly assigned transferred in compliance with Sections 4 this Section 3 and 5 Section 14.03 hereof, may be converted exercised by an assignee a transferee, if permitted by the terms hereof, for shares the purchase of Common Stock Warrant Shares without having a new Preferred Shares Warrant or Warrants issued. Notwithstanding any provision herein to the contrary, the Company Issuer shall not be required to register the transfer of Preferred Shares Warrants or Underlying Common Warrant Shares in the name of any Person who acquired such Preferred Shares this Warrant (or part thereofhereof) or any Underlying Common Stock Warrant Shares otherwise than in accordance compliance with all applicable restrictions in this AgreementWarrant. The Company Issuer shall maintain with its transfer agent or at its aforesaid office, office books for the registration and transfer of the Preferred SharesWarrants.

Transfer, Division and Combination. Subject to Sections SECTIONS 4 and 5 hereof, transfer of Purchased Shares a Warrant and all rights thereunder, in whole or in part (the "Transferred Purchased ShareTRANSFERRED WARRANT"), shall be registered on the books of the Company to be maintained for such purpose, upon surrender of such Transferred Purchased Shares Warrant at the office of the Company maintained for such purpose pursuant to Section 11.03 SECTION 15.03 hereof, together with a written power or assignmentassignment substantially in the form set out at the end of such Transferred Warrant, duly executed by the relevant Holder and payment of funds sufficient to pay any transfer taxes payable upon the making of such transfer. Upon such surrender and, if required, such payment, the Company shall, subject to Sections SECTIONS 4 and 5 hereof and the immediately second following sentence, (a) execute and deliver a new Preferred Shares Warrant or Warrants in the name of the assignee or assignees and in the denominations specified in such instrument of assignment, (b) issue to the assignor a new Preferred Shares Warrant evidencing the portion of such Transferred Purchased Shares Warrant not so assigned or transferred and (c) promptly cancel such Transferred Purchased SharesWarrant. Preferred SharesA Warrant, if properly assigned in compliance with Sections SECTIONS 4 and 5 hereof, may be converted exercised by an assignee for the purchase of shares of Common Stock without having a new Preferred Shares Warrant or Warrants issued. Notwithstanding any provision herein to the contrary, the Company shall not be required to register the transfer of Preferred Shares Warrants or Underlying Common Shares Warrant Stock in the name of any Person who acquired such Preferred Shares Warrant (or part thereof) or any Underlying Common Warrant Stock otherwise than in accordance with this Agreement. The Company shall maintain with its transfer agent or at its aforesaid office, books for the registration and transfer of the Preferred SharesWarrants.