Exercise; Transferability. (a) The rights represented by this Warrant may be exercised by the Holder hereof, in whole or in part (but not as to a fractional share of Common Stock), by written notice of exercise (in the form attached hereto) delivered to the Company at the principal office of the Company prior to the expiration of this Warrant and accompanied or preceded by the surrender of this Warrant along with a check in payment of the Warrant Exercise Price for such shares.
Exercise; Transferability. During your lifetime only you can exercise the option. The option is not transferable except by will or the applicable laws of descent and distribution. The Plan provides for the exercise of the option by a personal representative of your estate or the beneficiary thereof following your death.
Exercise; Transferability. (a) The rights represented by this Warrant may be exercised by the Holder hereof, in whole or in part (but not as to any fractional shares of Common Stock), by written notice of exercise (in the form attached hereto) delivered to the Company at the principal office of the Company prior to the expiration of this Warrant and accompanied or preceded by the surrender of this Warrant along with payment of the Warrant Exercise Price for such shares (i) in cash, by check or by wire transfer of federal funds, (ii) on a cashless basis in accordance with the provisions of Section 11 of this Warrant, or (iii) by a combination of the methods specified in clauses (a) and (b). Notwithstanding the foregoing, the Company, in its sole discretion, may extend and maintain, or arrange for the extension and maintenance of, credit to the Holder to finance payment of the purchase price on such terms as may be approved by the Board of Directors of the Company.
Exercise; Transferability. The rights represented by this Warrant may be exercised by the holder hereof, in whole or in part (but not as to a fractional Unit), by written notice of exercise delivered to the Company 20 days prior to the intended date of exercise and by the surrender of this Warrant (properly endorsed if required) at the principal office of the Company and upon payment to it by check of the purchase price for such Units. This Warrant may be transferred, or divided into two or more warrants of smaller denominations (collectively, the "Warrants"), subject to the following conditions: (i) during the first year after the date hereof, the Warrant may not be exercised, sold, transferred, assigned or hypothecated, and (ii) after such period, the Warrant shall be transferable only to officers and employees of the Initial Holder, 2 subject to the Company's receipt of the opinion of counsel as provided by paragraph 7 herein to the effect that such transfer is not in violation of federal or state securities laws.
Exercise; Transferability. This Warrant may not be exercised nor may the shares underlying the Warrant be resold, transferred or assigned for a period of one year from the date of the prospectus associated with this offering. After a period of one year, the rights represented by this Warrant may be exercised by the holder hereof, in whole or in part (but not as to a fractional Unit), by written notice of exercise delivered to the Company 20 days prior to the intended date of exercise and by the surrender of this Warrant (properly endorsed if required) at the principal office of the Company and upon payment to it by check of the purchase price for such Units. This Warrant is non-transferable other than by will or pursuant to the laws of descent and distribution except as provided herein. The Warrant may not be exercised, sold, transferred, assigned or hypothecated by the holder hereof following the effective date of the offering for a period of one year, except by operation of law or by reason of reorganization of the issuer, and except that this Warrant may be transferred to officers or partners of the Initial Holder or to National Association of Securities Dealers, Inc. member firms which participate in the selling group for the public offering to which this Warrant relates, and to the bona fide officers or partners of such member firms, provided that if so transferred, the Warrant or part thereof shall remain subject to the restrictions on transfer specified herein for the remainder of such one year time period. To the extent permitted under the foregoing provisions, this Warrant may be transferred, or divided into two or more warrants of smaller denominations (collectively, the "Warrants"), subject to the Company's receipt of the opinion of counsel as provided by paragraph 7 herein to the effect that such transfer is not in violation of federal or state securities laws.
Exercise; Transferability. (a) The rights represented by this Warrant may be exercised for purchase, in whole or in part (but not as to a fractional share), of Warrant Shares by written notice of exercise (in the form attached hereto) delivered to the Company at the principal office of the Company prior to the expiration of this Warrant and accompanied or preceded by the surrender of this manually signed Warrant along with a cashier’s or certified check or wire transfer made payable to the order of the Company in payment of the Warrant Exercise Price for such shares. 1 Note: Warrant Price to equal Conversion Price under the Notes.
Exercise; Transferability. The rights represented by this Warrant may be exercised by the holder hereof, in whole or in part (but not as to a fractional Unit), by written notice of exercise delivered to the Company 20 days prior to the intended date of exercise and by the surrender of this Warrant (properly endorsed if required) at the principal office of the Company and upon payment to it by check of the purchase price for such Units. During the first year after the date hereof, the Warrant may not be exercised, sold, transferred, assigned or hypothecated by the holder hereof, except (i) the transfer of all or any portion of this Warrant by operation of law or by reason of reorganization of the Company shall not be prohibited, and 2 (ii) this Warrant shall be transferable in whole or in part to officers or partners of the Initial Holder to National Association of Securities Dealers, Inc. member firms which participate in the selling group for the public offering to which this Warrant relates, and to the officers or partners of such member firms, provided that if so transferred, the Warrant or part thereof shall remain subject to the restrictions on transfer specified herein for the remainder of such one year time period. To the extent permitted under the foregoing provisions, this Warrant may be transferred, or divided into two or more warrants of smaller denominations (collectively, the "Warrants"), subject to the Company's receipt of the opinion of counsel as provided by paragraph 7 herein to the effect that such transfer is not in violation of federal or state securities laws.
Exercise; Transferability. (a) The rights represented by this Warrant may be exercised by the Holder hereof, in whole or in part (but not as to a fractional share of Common Stock), by written notice of exercise (in the form attached hereto) delivered to the Corporation at the principal office of the Corporation prior to the expiration of this Warrant and accompanied or preceded by the surrender of this Warrant along with a check in payment of the Warrant Exercise Price for such Warrant Shares. (b) Except as provided in Section 7 hereof, this Warrant may not be sold, transferred, assigned, hypothecated or divided into two or more Warrants of smaller denominations, nor may any Warrant Shares issued pursuant to exercise of this Warrant be transferred.
Exercise; Transferability. (a) The rights represented by this Warrant may be exercised by the Holder hereof, in whole or in part (but not as to any fractional shares of Common Stock), by written notice of exercise (in the form attached hereto) delivered to the Company at the principal office of the Company prior to the expiration of this Warrant and accompanied or preceded by the surrender of this Warrant along with payment of the Warrant Exercise Price for such shares (a) in cash, by check or by wire transfer of federal funds, (b) to the extent permitted by law, by offset of principal or interest owed under the Note (as defined in the Loan Agreement), (c) on a cashless basis in accordance with the provisions of Section 10 of this Warrant, or (d) by a combination of the methods specified in clauses (a), (b) and (c).
Exercise; Transferability a. The rights represented by this Warrant may be exercised by the Holder hereof, in whole or in part (but not as to a fractional share of Common Stock), by written notice of exercise (in the form attached hereto) delivered to the Company at the principal office of the Company prior to the expiration of this Warrant and accompanied or preceded by the surrender of this Warrant along with (i) a check in payment of the Warrant Exercise Price for such shares, (ii) surrender of Notes (as issued under the Agreement) with an outstanding principal equal to or greater than the Warrant Exercise Price multiplied by the number of Warrant Shares to be acquired (in which case the Company will reissue a Note or Notes representing the excess, if any, of such principal over the Warrant Exercise Price multiplied by the number of Warrant Shares acquired upon exercise) or (iii) such other consideration as shall be acceptable to the Board of Directors (or an appropriate committee thereof) of the Company.
