Oregon Extension of the expiration date of the company's outstanding warrants

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US-CC-3-435
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This sample form, a detailed Extension of the Expiration Date of the Company's Outstanding Warrants document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.

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FAQ

In most cases, arrest warrants remain active indefinitely until the person named by the warrant is apprehended. This means that an arrest warrant does not expire, and law enforcement can make an arrest at any time, regardless of how long ago the warrant was issued.

Outstanding warrants: An outstanding warrant means that the judge has issued an arrest warrant out for you. This could happen simply because you did not show up in court for a traffic ticket court date.

Outstanding Warrants means those Common Share purchase warrants of the Corporation that are issued and outstanding as of the date hereof which entitle the holders thereof to acquire Common Shares in ance with the terms and conditions of the governing certificates or indentures evidencing such warrants.

The Oregon criminal courts have a good memory and criminal charges don't just go away after a period of time. If you have an active warrant, you are considered a fugitive, and there is no ?statute of limitations?.

There is no statute of limitations on a bench warrant for a fugitive. It will remain active until served.

8 million outstanding warrants across the country, and that number does not include municipal enforcement. ?I think different parts of the country should think differently about how this problem is manifesting and how they might resolve it,? Bond said.

While warrants generally expire in one to two years, they can sometimes have maturities well in excess of five years. In contrast, call options have maturities ranging from a few weeks or months to about a year or two; the majority expire within a month. Longer-dated options are likely to be quite illiquid.

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Oregon Extension of the expiration date of the company's outstanding warrants