Common use of Common Stock Issuance Clause in Contracts

Common Stock Issuance. In consideration for the Promotional Services to be provided hereunder, About shall issue to PRIMEDIA 403,361 shares of common stock of About, par value $.001 per share on the date hereof with an aggregate value equal to $1,400,000 (the "Common Stock"). The Common Stock shall be issued to PRIMEDIA within five (5) business days of this Agreement. The Common Stock shall be duly authorized, validly issued and non-assessable. Within five (5) business days of the date of this Agreement, About shall execute a customary registration rights agreement in a form reasonably satisfactory to About and PRIMEDIA providing PRIMEDIA with piggyback rights for the Vested Portion of the Common Stock (including standard cut-backs) except in respect of registration on Form S-8 or registrations for issuing stock in the context of an acquisition.

Common Stock Issuance. In consideration for the Promotional Services to be provided hereunder, About shall issue to PRIMEDIA 403,361 PRIMEDIA735,802 shares of common stock of About, par value $.001 per share on the date hereof with an aggregate value equal to $1,400,000 14,900,000 (the "Common Stock"). The Common Stock shall be issued to PRIMEDIA within five (5) business days promptly upon the execution of this Agreement. The Common Stock shall be duly authorized, validly issued and non-assessable. Within five (5) business days of the date of this Agreement, About shall execute a customary registration rights agreement in a form reasonably satisfactory to About and PRIMEDIA providing PRIMEDIA with piggyback rights for the Vested Portion of the Common Stock (including standard cut-backs) except in respect of registration on Form S-8 or registrations for issuing stock in the context of an acquisition.