Common use of Section 16 Reporting Clause in Contracts

Section 16 Reporting. Employee understands that ADVENTRX is required to disclose in its annual proxy statement information regarding Section 16 reporting delinquencies by its directors and officers that occurred during the prior fiscal year. To assist ADVENTRX in meeting such disclosure requirements, Employee hereby (a) certifies that all reportable transactions in ADVENTRX securities through the Separation Date have been reported on a Form 4, and (b) agrees to execute and deliver to ADVENTRX promptly after December 31, 2008, but no later than January 30, 2009, the “no filing due” certification in the form attached hereto as Appendix A.

Appears in 2 contracts

Sources: Confidential Separation Agreement (Adventrx Pharmaceuticals Inc), Separation Agreement (Adventrx Pharmaceuticals Inc)