Common use of Transfer Information Clause in Contracts

Transfer Information. The holder of each Convertible Preferred Share, Initial Common Share, Warrants or Conversion Share bearing the restrictive legend set forth in Section 8.1 above agrees with respect to any transfer of such security, upon reasonable request from the Company to such holder, to give to the Company written information describing the transferee and the circumstances of such transfer necessary to establish the availability of an exemption from the registration requirements of the Securities Act.