Assignment of Warrant to Purchase Stock by Silicon Valley Bank to Silicon Valley Bancshares
Silicon Valley Bank has transferred its rights to a Warrant to Purchase Stock, originally issued by Optical Solutions, Inc. on August 16, 2004, to Silicon Valley Bancshares. Silicon Valley Bancshares, in turn, affirms certain representations and warranties as required by the original warrant agreement. This assignment formalizes the transfer of all rights and interests in the warrant from the bank to its affiliate.
Exhibit 4.23
ASSIGNMENT
For value received, Silicon Valley Bank hereby sells, assigns and transfers unto:
Name: Silicon Valley Bancshares
Address: 3003 Tasman Drive (HA-200)
Santa Clara, CA 95054
TaxID:
that certain Warrant to Purchase Stock issued by Optical Solutions, Inc. (the “Company”), on August 16, 2004 (the “Warrant”) together with all rights, title and interest therein.
| SILICON VALLEY BANK | ||
| By: | /s/ Jay McNeil | |
| Name: | Jay McNeil | |
| Title: | SVP | |
Date: 8/19/04
By its execution below, and for the benefit of the Company, Silicon Valley Bancshares makes each of the representations and warranties set forth in Article 4 of the Warrant as of the date hereof.
| SILICON VALLEY BANCSHARES | ||
| By: | /s/ Paulette Mehas | |
| Name: | Paulette Mehas | |
| Title: | Treasurer | |
