Common use of General Restrictions Clause in Contracts

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (or the Ordinary Shares and Warrants underlying this Purchase Option) for a period of one year (including a period of 180 days pursuant to Rule 5110(g)(1) of the Conduct Rules of FINRA) following the Effective Date to anyone other than (i) EBC or an underwriter or selected dealer in connection with the Offering, or (ii) a bona fide officer or partner of EBC or of any such underwriter or selected dealer. On and after the first anniversary of the Effective Date, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (or the Ordinary Shares and Warrants underlying this Purchase Option) for a period of one year six (6) months (including a period of 180 days pursuant to Rule 5110(g)(1)) of the Conduct Rules of Financial Industry Regulatory Authority, Inc. (“FINRA”) following the Effective Date to anyone other than (i) EBC XxxxxxXxxxx or an underwriter or selected dealer in connection with the Offering, or (ii) a bona fide officer or partner of EBC PrinceRidge or of any such underwriter or selected dealer. On and after the first six month anniversary of the Effective Date (including the 180th day after the Effective Date), transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate hypothecate, or enter into any hedging, short sale, derivative, put, or call transaction that would result in the effective economic disposition of, this Purchase Option (or the Ordinary Shares and Warrants underlying this Purchase Option) for a period of one year (including a period of 180 days pursuant to Rule 5110(g)(1) of the Conduct Rules of FINRA) following the Effective Date to anyone other than (i) EBC a Holder or an underwriter or a selected dealer in connection with the Offering, or (ii) any successor, officer, manager, partner, member or employee of a bona fide officer or partner of EBC Holder or of any such underwriter or selected dealer. On and after the first anniversary of the Effective Date, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (or the Ordinary Shares and Warrants underlying this Purchase Option) for a period of one year (including a period of 180 days pursuant to Rule 5110(g)(1) of the Conduct Rules of FINRA) following the effective date (“Effective Date Date”) of the Registration Statement to anyone other than (i) EBC or an underwriter or selected dealer in connection with the Offering, or (ii) a bona fide officer or partner of EBC or of any such underwriter or selected dealer. On and after the first anniversary of the Effective Date, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (or the Ordinary Shares and Warrants underlying this Purchase Option) for a period of one year (including a period of 180 days pursuant to FINRA Rule 5110(g)(1) of the Conduct Rules of FINRA)) following the Effective Date to anyone other than (i) EBC Chardan or an underwriter or selected dealer in connection with the Offering, or (ii) a bona fide officer officer, manager, member or partner of EBC Chardan or of any such underwriter or selected dealer. On and after the first anniversary of the Effective Date, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase OptionWarrant, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (or the Ordinary Shares and Warrants underlying this Purchase Option) Warrant for a period of one year hundred eighty (including a period of 180 180) days pursuant to Rule 5110(g)(1from effective date (the “Effective Date”) of the Conduct Rules of FINRACompany’s registration statement on Form S-1 (the “Registration Statement”) following filed with the Effective Date U.S. Securities and Exchange Commission (file number 333-267826) to anyone other than (i) EBC or an underwriter a sales agent or selected dealer in connection with the public offering (“Offering”), or (ii) a bona fide officer or partner of EBC or of any such underwriter sales agent or selected dealer. Additionally, pursuant to FINRA Rule 5110(g), the Warrant (and the Shares underlying this Warrant) will not be the subject of any hedging, short sale, derivative, put or call transaction that would result in the economic disposition of the securities by any person for a period of 180 days immediately following the Effective Date. On and after the first 181 day anniversary of the Effective Date, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option Warrant and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option Warrant on the books of the Company and shall execute and deliver a new Purchase Option Warrant or Purchase Options Warrants of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units Shares purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (or the Ordinary Shares and Warrants underlying this Purchase Option) for a period of one year (including a period of 180 days pursuant to Rule 5110(g)(12710(g)(1) of the Conduct Rules of FINRAthe National Association of Securities Dealers, Inc. (“NASD”)) following the Effective Date to anyone other than (i) EBC or an underwriter or selected dealer in connection with the Offering, or (ii) a bona fide officer or partner of EBC or of any such underwriter or selected dealer. On and after the first anniversary of the Effective Date, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, Warrant agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (Warrant, or any portion thereof, or be the Ordinary Shares and Warrants underlying this Purchase Option) subject of any hedging, short sale, derivative, put or call transaction that would result in the effective economic disposition of such securities for a period beginning from the effectiveness of one year (including a period of the Registration Statement until 180 days pursuant to Rule 5110(g)(1) after the effective date of the Conduct Rules of FINRA) following the Effective Date Offering to anyone other than (i) EBC NETWORK 1 or an underwriter Underwriter or a selected dealer participating in connection with the Offering, or (ii) a bona fide officer or partner of EBC NETWORK 1 or of any such underwriter Underwriter or selected dealer. On and after After a period of 180 days beginning on the first anniversary date of commencement of sales of the Effective DateOffering, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option Warrant and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option Warrant on the books of the Company and shall execute and deliver a new Purchase Option Warrant or Purchase Options Warrants of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units Shares purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (or the Ordinary Shares and Warrants underlying this Purchase Option) for a period of one year six (6) months (including a period of 180 days pursuant to Rule 5110(g)(1)) of the Conduct Rules of Financial Industry Regulatory Authority, Inc. (“FINRA”) following the Effective Date to anyone other than (i) EBC XxxxxxXxxxx or an underwriter or selected dealer in connection with the Offering, or (ii) a bona fide officer or partner of EBC PrinceRidge or of any such underwriter or selected dealer. On and after the first anniversary of the Effective Date, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that that, in accordance with the Financial Industry Regulatory Authority Inc. (FINRA) Rule 5110(g)(1), it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (in whole or the Ordinary Shares and Warrants underlying this Purchase Optionin part) or any interest herein for a period of one year (including a period of 180 days pursuant to Rule 5110(g)(1) of the Conduct Rules of FINRA) following the Effective Date to anyone other than (i) EBC the Initial Holder or an underwriter or a selected dealer participating in connection with the Offering, Offering or (ii) a bona fide officer or partner of EBC the Initial Holder or of any such underwriter or selected dealerdealer (each, a “Permitted Transferee”). On and after the first anniversary of the Effective Date, transfers to others this Purchase Option may be made sold, transferred, assigned, pledged, hypothecated or otherwise disposed of, in whole or in part, subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall shall, within five business days (5) Business Days following receipt thereof, transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge transfer or assign or hypothecate this Purchase Option (or prior to the Ordinary Shares and Warrants underlying this Purchase Option) for a period of one year (including a period of 180 days pursuant to Rule 5110(g)(1) of the Conduct Rules of FINRA) following the Effective Commencement Date to anyone other than (i) EBC an officer or partner of such Holder, (ii) an officer of Kirlin Securities, Inc. ("Underwriter") or an underwriter officer or selected dealer partner of anx Xxxxcted Dealer or member of the underwriting syndicate in connection with the OfferingCompany's public offering with respect to which this Purchase Option has been issued, or (iiiii) a bona fide officer any Selected Dealer or partner member of EBC or of any such underwriter or selected dealerthe underwriting syndicate. On and after the first anniversary of the Effective Commencement Date, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days immediately transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units shares of Common Stock and Warrants purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (in whole or the Ordinary Shares and Warrants underlying this Purchase Optionin part) or any interest herein for a period of one year (including a period of 180 days pursuant to Rule 5110(g)(1) of the Conduct Rules of FINRA) following the Effective Date to anyone other than (i) EBC CRT or an underwriter or a selected dealer in connection with the Offering, or (ii) a bona fide officer officer, partner, subsidiary or partner other affiliate of EBC CRT or of any such underwriter or selected dealerdealer (collectively, a “Permitted Transferee”). On and after the first anniversary of the Effective Date, transfers to others this Purchase Option may be made sold, transferred, assigned, pledged, hypothecated or otherwise disposed of, in whole or in part, subject to compliance with with, or exemptions from from, applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days Business Days following receipt thereof transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (Option, or cause it to be the Ordinary Shares and Warrants underlying this Purchase Option) subject of any hedging, short sale, derivative, put or call transaction that would result in the effective economic disposition of the securities, for a period of one year (including a period of 180 days pursuant to Rule 5110(g)(12710(g)(1) of the Conduct Rules of FINRAthe National Association of Securities Dealers, Inc. (“NASD”)) following the Effective Date to anyone other than (i) EBC or an underwriter or selected dealer in connection with the Offering, or (ii) a bona fide officer or partner of EBC or of any such underwriter or selected dealer. On and after the first anniversary of the Effective Date, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (or the Ordinary Shares and Warrants underlying this Purchase Option) for a period of one year six (6) months (including a period of 180 days pursuant to Rule 5110(g)(1)) of the Conduct Rules of Financial Industry Regulatory Authority, Inc. (“FINRA”) following the effective date of the Registration Statement (“Effective Date Date”) to anyone other than (i) EBC PrinceRidge or an underwriter or selected dealer in connection with the Offering, or (ii) a bona fide officer or partner of EBC PrinceRidge or of any such underwriter or selected dealer. On and after the first anniversary of the Effective Date, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (or the Ordinary Shares and Warrants its underlying this Purchase Option) shares for a period of one year (including a period of 180 days pursuant to Rule 5110(g)(1) of the Conduct Rules of FINRA) following the Effective Date to anyone other than (i) EBC Xxxxxx, Xxxxx Xxxxx or an underwriter or a selected dealer participating in connection with the Offering, Offering or (ii) a bona fide officer or partner of EBC Xxxxxx, Xxxxx Xxxxx or of any such underwriter or selected dealerdealer in accordance with the National Association of Securities Dealers, Inc. ("NASD") Conduct Rule 2710(g)(1). On and after the first anniversary of the Effective Date, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (in whole or the Ordinary Shares and Warrants underlying this Purchase Optionin part) or any interest herein for a period of one year (including a period of 180 days pursuant to Rule 5110(g)(1) of the Conduct Rules of FINRA) following the Effective Date (which such one (1) year period shall be inclusive of a 180-day lock-up period following the Effective Date pursuant to Rule 2710(g)(1) of the NASD Conduct Rules) to anyone other than (ia) EBC CRT or an underwriter or a selected dealer in connection with the Offering, or (iib) a bona fide officer or partner of EBC CRT or of any such underwriter or selected dealerdealer (collectively, a “Permitted Transferee”). On and after the first anniversary of the Effective Date, transfers to others this Purchase Option may be made sold, transferred, assigned, pledged, hypothecated or otherwise disposed of, in whole or in part, subject to compliance with with, or exemptions from from, applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days Business Days following receipt thereof transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, Warrant agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (Warrant, or any portion thereof, or be the Ordinary Shares and Warrants underlying this Purchase Option) subject of any hedging, short sale, derivative, put or call transaction that would result in the effective economic disposition of such securities for a period beginning from the effectiveness of one year (including a period of the Registration Statement until 180 days pursuant to Rule 5110(g)(1) after the effective date of the Conduct Rules of FINRA) following the Effective Date Offering to anyone other than (i) EBC NETWORK 1 or an underwriter Underwriter or a selected dealer participating in connection with the Offering, or (ii) a bona fide officer or partner of EBC NETWORK 1 or of any such underwriter Underwriter or selected dealer. On and after After a period of 180 days following the first anniversary effective date of the Effective DateOffering, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option Warrant and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option Warrant on the books of the Company and shall execute and deliver a new Purchase Option Warrant or Purchase Options Warrants of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units Shares purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (or the Ordinary Shares Common Stock and Warrants underlying this Purchase Option) for a period of one year (including a period of 180 days pursuant to Rule 5110(g)(1) of the Conduct Rules of FINRA) following the Effective Date to anyone other than (i) EBC or an underwriter or selected dealer in connection with the Offering, or (ii) a bona fide officer or partner of EBC or of any such underwriter or selected dealer. On and after the first anniversary of the Effective Date, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (or the Ordinary Shares Common Stock and Warrants underlying this Purchase Option) for a period of one year (including a period of 180 days pursuant to Rule 5110(g)(12710(g)(1) of the Conduct Rules of FINRA) following the Effective Date to anyone other than (i) EBC or an underwriter or selected dealer in connection with the Offering, or (ii) a bona fide officer or partner of EBC or of any such underwriter or selected dealer. On and after the first anniversary of the Effective Date, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.

General Restrictions. The registered Holder of this Purchase Option, by its acceptance hereof, agrees that it will not sell, transfer, assign, pledge or hypothecate this Purchase Option (or the Ordinary Shares shares of Common Stock and Warrants underlying this Purchase Option) for a period of one year six months (including a period of 180 days pursuant to FINRA Rule 5110(g)(1) of the Conduct Rules of FINRA)) following the Effective Date to anyone other than (i) EBC Xxxxx & Company or an underwriter or selected dealer in connection with the Offering, or (ii) a bona fide officer or partner of EBC Xxxxx & Company or of any such underwriter or selected dealer. On and after the first anniversary of the Effective Date, transfers to others may be made subject to compliance with or exemptions from applicable securities laws. In order to make any permitted assignment, the Holder must deliver to the Company the assignment form attached hereto duly executed and completed, together with the Purchase Option and payment of all transfer taxes, if any, payable in connection therewith. The Company shall within five business days transfer this Purchase Option on the books of the Company and shall execute and deliver a new Purchase Option or Purchase Options of like tenor to the appropriate assignee(s) expressly evidencing the right to purchase the aggregate number of Units purchasable hereunder or such portion of such number as shall be contemplated by any such assignment.