Halfback Sample Clauses

Halfback. In the event that a registration is demanded pursuant to this Section 2, and the Company is advised in writing by its investment banking firm that the shares for which registration is requested cannot be sold without serious injury to the Company or its existing shareholders (the grounds for which decision shall be confidentially disclosed to any requesting Holder), the Company shall have the option to require the Selling Holders to withdraw such registration demand and not make any other demand for a period of up to 180 days at which point the Company will proceed with a Registration Statement without regard to this Section 2.3. If the Company exercises its halfback option pursuant to this Section 2.3, the withdrawn registration demand shall not be counted toward the Majority Holders' one demand right granted pursuant to this Section 2, and the Majority Holders will thereafter continue to have the right to make one such demand.