Common use of Addition of Other Registrable Securities Clause in Contracts

Addition of Other Registrable Securities. Notwithstanding any other provision of this Article 2, in the event the Company grants to any third parties any rights to register their securities under the Securities Act (“Other Registrable Securities”), such rights may be granted by the Company on a pari passu basis with the rights granted to the Restricted Shareholders under this Agreement. Any such Other Registrable Securities may be included in any registration statement in which Non-Restricted Securities are included on the same terms and conditions as set forth in this Article 2 as if the Other Registrable Securities were Non-Restricted Securities and the holders of the Non-Restricted Securities were Restricted Shareholders. Upon request by the Company, the Parties shall amend this Article 2 to provide for such combined participation by holders of Other Registrable Securities or terminate the provisions of this Article 2 and enter into a separate agreement providing for such combined participation.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Autobytel Inc), Shareholders Agreement (Autobytel Inc)

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Addition of Other Registrable Securities. Notwithstanding any other provision of this Article 2IV, in the event the Company grants to any third parties any rights to register their securities under the Securities Act (“Other Registrable Securities”), such rights may be granted by the Company on a pari passu basis with the rights granted to the Restricted Shareholders Stockholder under this Agreement. Any such Other Registrable Securities may be included in any registration statement in which Non-Restricted Securities are included on the same terms and conditions as set forth in this Article 2 IV as if the Other Registrable Securities were Non-Restricted Securities and the holders of the Non-Restricted Securities were Restricted ShareholdersStockholders, subject to customary provisions for pro rata participation, allocations and cutbacks of securities included any such registrations. Upon request by the Company, the Parties shall amend this Article 2 IV to provide for such combined participation by holders of Other Registrable Securities or terminate the provisions of this Article 2 IV and enter into a separate agreement providing for such combined participation.

Appears in 1 contract

Samples: Stockholder Agreement (Autobytel Inc)

Addition of Other Registrable Securities. Notwithstanding any other provision of this Article 2, in the event the Company grants to any third parties any rights to register their securities under the Securities Act (“Other Registrable Securities”), such rights may be granted by the Company on a pari passu basis with the rights granted to the Restricted Shareholders Shareholder under this Agreement. Any such Other Registrable Securities may be included in any registration statement in which Non-Restricted Covered Securities are included on the same terms and conditions as set forth in this Article 2 as if the Other Registrable Securities were Non-Restricted Covered Securities and the holders of the Non-Restricted Covered Securities were Restricted Shareholders. Upon request by the Company, the Parties shall amend this Article 2 to provide for such combined participation by holders of Other Registrable Securities or terminate the provisions of this Article 2 and enter into a separate agreement providing for such combined participation.

Appears in 1 contract

Samples: Shareholder Registration Rights Agreement (Autobytel Inc)

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Addition of Other Registrable Securities. Notwithstanding any other provision of this Article 2IV, in the event the Company grants to any third parties any rights to register their securities under the Securities Act (“Other Registrable Securities”), such rights may be granted by the Company on a pari passu basis with the rights granted to the Restricted Shareholders Stockholder under this Agreement. Any such Other Registrable Securities may be included in any registration statement in which Non-Restricted Securities are included on the same terms and conditions as set forth in this Article 2 IV as if the Other Registrable Securities were Non-Restricted Securities and the holders of the Non-Restricted Securities were Restricted ShareholdersStockholders, subject to customary provisions for pro rata participation, allocations and cutbacks of securities included in any such registrations. Upon request by the Company, the Parties shall amend this Article 2 IV to provide for such combined participation by holders of Other Registrable Securities or terminate the provisions of this Article 2 IV and enter into a separate agreement providing for such combined participation.

Appears in 1 contract

Samples: Stockholder Agreement (AutoWeb, Inc.)

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