Common use of Parent Registration Clause in Contracts

Parent Registration. If (but without any obligation to do so) Parent proposes to register (including for this purpose a registration effected by Parent for stockholders other than the Stockholders) any of its equity securities under the Securities Act in connection with the public offering of such securities solely for cash (other than a registration relating solely to the sale of securities to participants in a Parent stock plan, a registration on any form which does not include substantially the same information as would be required to be included in a registration statement covering the sale of the Registrable Securities or a registration in which the only Common Stock being registered is Common Stock issuable upon conversion of debt securities which are also being registered), Parent shall, at such time, promptly give each Stockholder written notice of such registration. Upon the written request of each Stockholder given within twenty days after mailing of such notice by Parent in accordance with Section 6.5, Parent shall, subject to the provisions of Section 3.4, cause to be registered under the Securities Act all of the Registrable Securities that each such Stockholder has requested to be registered. Notwithstanding the foregoing, Parent has no obligation to initiate the registration of any Shares pursuant to this Section 3.3 and may withdraw any such registration at any time.