Common use of Material Event Clause in Contracts

Material Event. The Company Shareholders agree that, upon receipt of any notice from Parent of the happening of a Material Event, the Company Shareholders will forthwith discontinue disposition of the Registrable Securities pursuant to any Form S-3 described in Section 2 until the Company Shareholders' receipt of copies of supplemented or amended prospectuses prepared by Parent (which Parent will use its reasonable best efforts to prepare and file promptly), and, if so directed by Parent, the Company Shareholders will deliver to Parent all copies in their possession, other than permanent file copies then in the Company Shareholders' possession, of the prospectus covering such Registrable Securities at the time of receipt of such notice. In no event shall Parent delay causing to be effective pursuant to clause (a) or (b) of this section, or both, any Form S-3 or a supplement or post-effective amendment to any Form S-3 or the related prospectus, for more than 60 consecutive days or 90 days during any 365 consecutive calendar day period.

Material Event. The Company Shareholders agree that, upon receipt of any notice from Parent of the happening of a Material Event, the Company Shareholders will forthwith discontinue disposition of the Registrable Securities pursuant to any Form S-3 described in Section 2 until the Company Shareholders' receipt of copies of supplemented or amended prospectuses prepared by Parent (which Parent will use its commercially reasonable best efforts to prepare and file promptly), and, if so directed by Parent, the Company Shareholders will deliver to Parent all copies in their possession, other than permanent file copies then in the Company Shareholders' possession, of the prospectus covering such Registrable Securities current at the time of receipt of such notice. In no event shall Parent delay causing to be effective pursuant to clause (a) or (b) of this section, or both, any Form S-3 or a supplement or post-effective amendment to any Form S-3 pursuant to Section 2 or the related prospectus, for more than 60 90 consecutive days or 90 120 days during any 365 consecutive calendar day period.

Material Event. The Company Shareholders Stockholders agree that, upon receipt of any notice from Parent of the happening of a Material Event, the Company Shareholders Stockholders will forthwith discontinue disposition of the Registrable Securities pursuant to any Form S-3 described in Section 2 until the Company ShareholdersStockholders' receipt of copies of supplemented or amended prospectuses prepared by Parent (which Parent will use its commercially reasonable best efforts to prepare and file promptly), and, if so directed by Parent, the Company Shareholders Stockholders will deliver to Parent all copies in their possession, other than permanent file copies then in the Company ShareholdersStockholders' possession, of the prospectus covering such Registrable Securities current at the time of receipt of such notice. In no event shall Parent delay causing to be effective pursuant to clause (a) or (b) of this section, or both, any Form S-3 or a supplement or post-post- effective amendment to any Form S-3 pursuant to Section 2 or the related prospectus, for more than 60 90 consecutive days or 90 120 days during any 365 consecutive calendar day period.