Common use of Registration Upon Request Clause in Contracts

Registration Upon Request. Subject to the provisions of Section 2.4 below, at any time or from time to time, Investors holding thirty (30) percent of the Registrable Shares then outstanding may notify the Company in writing that such Investors desires for the Company to cause all or a portion of the Registrable Shares to be registered under the Securities Act pursuant to this Section 2.1; PROVIDED that the Registrable Shares to be so registered by such Investors shall have an aggregate proposed sales price of at least $2,000,000. Thereafter, the Company shall promptly give to each Investor written notice of such demand for registration. Upon the written request of any Investor given within ten days after the giving of any such notice by the Company, the Company shall use its best efforts to cause to be included in such registration the Registrable Shares of such Investor, to the extent requested to be registered. Thereafter, subject to the conditions, limitations and provisions set forth below in Sections 2.3, 2.4 and 5, the Company shall promptly prepare and file, and use its best efforts to prosecute to effectiveness, an appropriate filing with the Commission of a registration statement covering all of those Registrable Shares with respect to which registration under the Securities Act has been requested by the requesting Investors; PROVIDED that, if the Company has been given a notice of the type specified in this Section 2 or 4.1, the Company is not at such time continuing to pursue the registration referred to in such notice. Subject to the provisions of Section 2.3 below, the Company may include in any registration pursuant to this Section 2.1 additional shares of Common Stock for sale for its own account or for the account of any other Person.

Registration Upon Request. Subject to the provisions of Section 2.4 below, at any time or from time to time, Investors holding thirty (30) percent of the Registrable Shares then outstanding may notify the Company in writing that such Investors desires desire for the Company to cause all or a portion of the Registrable Shares to be registered under the Securities Act pursuant to this Section 2.1; PROVIDED that the Registrable Shares to be so registered by such Investors shall have an aggregate proposed sales price of at least $2,000,0001,000,000. Thereafter, the Company shall promptly give to each Investor written notice of such demand for registration. Upon the written request of any Investor given within ten days after the giving of any such notice by the Company, the Company shall use its best efforts to cause to be included in such registration the Registrable Shares of such Investor, to the extent requested to be registered. Thereafter, subject to the conditions, limitations and provisions set forth below in Sections 2.3, 2.4 and 5, the Company shall promptly prepare and file, and use its best efforts to prosecute to effectiveness, an appropriate filing with the Commission of a registration statement covering all of those Registrable Shares with respect to which registration under the Securities Act has been requested by the requesting Investors; PROVIDED that, if the Company has been given a notice of the type specified in this Section 2 2.1 or 4.1, the Company is not at such time continuing to pursue the registration referred to in such notice. Subject to the provisions of Section 2.3 below, the Company may include in any registration pursuant to this Section 2.1 additional shares of Common Stock for sale for its own account or for the account of any other Person.

Registration Upon Request. Subject to the provisions of Section 2.4 below, at any time or from time to time, Investors holding holders of record of at least thirty (30) percent of the Registrable Shares then outstanding may notify the Company in writing that such Investors desires holders desire for the Company to cause all or a portion of the Registrable Shares to be registered under the Securities Act pursuant to this Section 2.1; PROVIDED that the Registrable Shares to be so registered by such Investors the Investor shall have an aggregate proposed sales price of at least $2,000,000. Thereafter, the Company shall promptly give to each Investor holder of at least ten (10) percent of the Registrable Shares then outstanding written notice of such demand for registration. Upon the written request of any Investor such holder given within ten days after the giving of any such notice by the Company, the Company shall use its best efforts to cause to be included in such registration the Registrable Shares of such Investorholder, to the extent requested to be registered. Thereafter, subject to the conditions, limitations and provisions set forth below in Sections 2.3, 2.4 and 5, the Company shall promptly prepare and file, and use its best efforts to prosecute to effectiveness, an appropriate filing with the Commission of a registration statement covering all of those Registrable Shares with respect to which registration under the Securities Act has been requested by the requesting Investorsholders of Registrable Shares; PROVIDED that, if the Company has been given a notice of the type specified in this Section 2 or 4.1, the Company is not at such time continuing to pursue the registration referred to in such notice. Subject to the provisions of Section 2.3 below, the Company may include in any registration pursuant to this Section 2.1 additional shares of Common Stock for sale for its own account or for the account of any other Person.