Transfer to Affiliates. Notwithstanding the provisions of Section 3.1(c) above, no registration statement or opinion of counsel shall be necessary for a transfer by JJDC of the Shares to a subsidiary, shareholder or Affiliate of JJDC, if the transferee agrees in writing to be subject to the terms hereof to the same extent as if such transferee were JJDC hereunder.
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Samples: Stock Purchase Agreement (Genetronics Biomedical LTD), Stock Purchase Agreement (Biocryst Pharmaceuticals Inc), Stock Purchase Agreement (Photoelectron Corp)
Transfer to Affiliates. Notwithstanding the provisions of Section 3.1(c) above, no registration statement or opinion of counsel shall be necessary for a transfer by JJDC of the Shares to a subsidiary, shareholder or Affiliate (as such term is defined in the rules and regulations promulgated under the 0000 Xxx) of JJDC, if the transferee agrees in writing to be subject to the terms hereof to the same extent as if such transferee were JJDC hereunder.
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Transfer to Affiliates. Notwithstanding the provisions of ---------------------- Section 3.1(c) above, no registration statement or opinion of counsel shall be necessary for a transfer by JJDC of the Shares to a subsidiary, shareholder or Affiliate (as such term is defined in the License Agreement) of JJDC, if the transferee agrees in writing to be subject to the terms hereof to the same extent as if such transferee were JJDC hereunder.
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