Common use of Disposition of Warrants or Shares Clause in Contracts

Disposition of Warrants or Shares. The Holder, by acceptance hereof, agrees that, before any disposition is made of any Warrant or Shares of common stock, the Holder shall give written notice to the Company describing briefly the manner of any such proposed disposition. No disposition shall be made unless and until:

Disposition of Warrants or Shares. The Holder, by acceptance hereof, agrees for itself and any subsequent owner(s) that, before any disposition is made of any Warrant Warrants or Shares shares of common stockSeries B Preferred Stock, the Holder shall give written notice to the Company describing briefly the manner of any such proposed disposition. No such disposition shall be made unless and until: