EX-4
from 10-Q
~10
pages
This Security Has Not Been Registered Under the United States Securities Act of 1933, as Amended (The “Securities Act”), And, Accordingly, May Not Be Offered or Sold Except as Set Forth Below. by Its Acquisition Hereof, the Holder (1) Represents, Unless It Is an Acceding Holder Under That Certain Joinder Agreement, Dated as of May 29, 2003, Among Ibasis, Inc., Ibasis Global, Inc., the Acceding Holders Named Therein, and U.S. Bank National Association, as Collateral Agent, That It Is a “Qualified Institutional Buyer” (As Defined in Rule 144a Under the Securities Act), (2) Agrees That It Will Not Within Two Years After the Original Issuance of This Security Resell or Otherwise Transfer This Security Except (A) to the Issuer or Any Subsidiary Thereof, (B) to a Qualified Institutional Buyer in Compliance With Rule 144a Under the Securities Act, or (C) Pursuant to a Registration Statement Which Has Been Declared Effective Under the Securities Act (And Which Continues to Be Effective at the Time of Such Transfer) and (3) Agrees That It Will Deliver to Each Person to Whom This Security Is Transferred a Notice Substantially to the Effect of This Legend
12/34/56
EX-4
from 10-Q
~10
pages
Unless This Certificate Is Presented by an Authorized Representative of the Depository Trust Company (55 Water Street, New York, New York) (The “Depositary”, Which Term Includes Any Successor Depositary for the Certificates) to the Issuer or Its Agent for Registration of Transfer, Exchange or Payment, and Any Certificate Issued Is Registered in the Name of Cede & Co. or in Such Other Name as Requested by an Authorized Representative of the Depositary (And Any Payment Herein Is Made to Cede & Co. or to Such Other Entity as Is Requested by an Authorized Representative of the Depositary), Any Transfer, Pledge, or Other Use Hereof for Value or Otherwise by or to Any Person Is Wrongful Inasmuch as the Registered Owner Hereof, Cede & Co., Has an Interest Herein
12/34/56
