Common use of Rule 144 Compliance Clause in Contracts

Rule 144 Compliance. The Company covenants that it will use its best efforts to timely file the reports required to be filed by the Company under the Securities Act and the Exchange Act and take such further action as each Designated Holder may reasonably request (including providing any information necessary to comply with Rule 144 under the Securities Act), so as to enable the Designated Holders to sell the Registrable Securities pursuant to (i) Rule 144 under the Securities Act, or Regulation S under the Securities Act or (ii) any similar rules or regulations hereinafter adopted by the Commission. In connection with any sale, transfer or other disposition by a Designated Holder of any Registrable Securities pursuant to Rule 144 under the Securities Act, the Company shall cooperate with such Designated Holder to facilitate the timely preparation and delivery of certificates representing the Registrable Securities to be sold and not bearing any Securities Act legend, and enable certificates for such Registrable Securities to be for such number of shares and registered in such names as Holder may reasonably request at least five (5) Business Days prior to any sale of Registrable Securities hereunder.

Rule 144 Compliance. The Company covenants that it will use its best commercially reasonable efforts to timely file the reports required to be filed by the Company under the Securities Act and the Exchange Act (or, if the Company is not required to file such reports, will make and keep public information available as those terms are understood and defined in Rule 144) and take such further action as each Designated Holder the Seller may reasonably request (including providing any information necessary to comply with Rule 144 under the Securities Act144), so as to enable the Designated Holders Seller to sell the Registrable Securities pursuant to (i) Rule 144 under the Securities Act, or Regulation S under the Securities Act or (ii) any similar rules or regulations hereinafter adopted by the Commission144. In connection with any sale, transfer or other disposition by a Designated Holder the Seller of any Registrable Securities pursuant to Rule 144 under the Securities Act, the Company shall cooperate with such Designated Holder the Seller to facilitate the timely preparation and delivery of certificates representing the Registrable Securities to be sold and not bearing any Securities Act legend, including delivering any opinion, instruction letter or other documents to the Transfer Agent and enable certificates for such Registrable Securities to be for such number of shares and registered in such names as Holder the Seller may reasonably request at least five (5) two Business Days prior to any sale of Registrable Securities hereunder.. ARTICLE 4