Common use of Registration Under Clause in Contracts

Registration Under. Securities Act of 1933, as amended. At such next time hereafter as the Company seeks the approval or consent of the investors party to the Company’s Investor Rights Agreement (the “Rights Agreement”), for any purpose, the Company shall concurrently therewith use its best efforts to obtain the requisite consent of such parties to add the Holder as an “Investor” (as defined in the Rights Agreement) for purposes of the “piggyback” registration rights provided pursuant to Section 2.3 of the Rights Agreement. Holder acknowledges that the Rights Agreement may be amended and the obligations under the Rights Agreement may be waived with the consent of the Company and the holders of a majority of then-outstanding Registrable Securities (as defined in the Rights Agreement).