Common use of Termination of Registration Rights Clause in Contracts

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three (3) years after the closing of a Qualified the Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common StockInitial Public Offering, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period 90)-day period; and (ii) three five (35) years after the closing of a Qualified the Initial Public Offering.

Termination of Registration Rights. The right of any Holder or Common Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) the date on which such date, on Holder or Common Holder holds no Subject Securities; and (ii) five (5) years after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1Section 6(d), 2.2 6(e) or 2.3 6(f) shall terminate on the earlier of (i) such date, on or ten (10) years after the closing of the Company’s first registered public offering of Common StockStock of the Corporation, or (ii) on which such date as all shares of Registrable Securities held or entitled to be held upon conversion or exercise by such Holder may immediately be sold under Rule 144 during any ninety (90) -day period and (ii) three (3) years after the closing of a Qualified Public Offeringperiod.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on upon and be of no further force or effect after the earlier of earliest to occur of: (ia) such date, on or five (5) years after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period Initial Public Offering and (iib) three (3) years after the closing consummation of a Qualified Public OfferingLiquidation Event.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day 90)-day period without volume limitation, and (ii) three five (35) years after the closing of a the Company’s Qualified Public OfferingIPO (as defined in the Restated Certificate).

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three (3) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.1 or 2.2 or 2.3 shall terminate on the date that is the earlier of (i) such date, on or four (4) years after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period Initial Public Offering and (ii) three (3) years after the first date following the second anniversary of the closing of a Qualified the Company’s Initial Public OfferingOffering on which (x) the Conversion Stock of the Company has been listed on an Eligible Exchange for two years and remains so listed and (y) the Company is eligible to use Form S-3 under the Securities Act.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common StockInitial Public Offering, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three five (35) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder or the Key Employee to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) the date on which such date, on Holder or the Key Employee holds no Subject Securities; and (ii) five (5) years after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three five (35) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period or Rule 145 and (ii) three seven (37) years after the closing of a Qualified Initial Public OfferingOffering by the Company.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 this Agreement shall terminate on the earlier of of: (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, date on which all shares of Registrable Securities held or entitled to be held upon conversion by such any Holder that holds less than 1% of the outstanding capital stock of the Company may immediately be sold under Rule 144 during any ninety (90) day period and 90)-day period, or (ii) three five (35) years after the closing date of a Qualified Public Offeringthis Agreement.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 hereof shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any the Holder to request registration or inclusion of Registrable Securities in any registration pursuant to Sections 2.1, 2.2 or 2.3 this Section 5.1 shall (in each case unless the Company and the Holder otherwise agree in writing) terminate on upon the earlier to occur of (i) such date, the date on which the Holder ceases to hold (or after have the closing ability to exercise this Warrant for) Warrant Shares equal to at least 0.5% of the Company’s first registered public offering fully diluted share capital of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period the Company and (ii) three (3) years after the closing first anniversary of a Qualified Public Offeringthe Expiration Date.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1Section 1.2, 2.2 1.3 or 2.3 1.5 shall terminate on the earlier of (i) such date, on or date after the closing of the Company’s first registered public offering of Common Stock, on which Stock of the Company as all shares of Registrable Securities held or entitled to be held upon conversion by such Holder Holder, together with its affiliates, may immediately be sold under Rule 144 during any ninety (90) day period 90)-day period, and (ii) three five (35) years after the closing of a Qualified Public Offeringthe Company’s initial public offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common StockInitial Public Offering, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three four (34) years after the closing of a Qualified the Initial Public Offering.

Termination of Registration Rights. The right of any Holder or Common Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (ia) such date, on or after the closing of a Qualified Public Offering, on which such Holder, together with its affiliates, holds less than 1% of the Company’s first registered public offering of Common Stockoutstanding capital stock, on which and all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period 90)-day period, and (iib) three (3) years after the closing of a Qualified Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered underwritten public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period 90)-day period, and (ii) three four (34) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 this Article I shall terminate on the earlier of (i) such date, on or date after the closing of the first Company’s first -initiated registered public offering of Common Stock, on Stock of the Company at which the Company is subject to the reporting requirements of the Exchange Act and all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold without volume or manner of sale limitations under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public Offeringthree-month period.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of of: (i) such date, on or after the closing of the Company’s 's first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and 90)-day period, (ii) three a Change of Control of the Company, or (3iii) five (5) years after the closing of a Qualified the Company's Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) as to any shares of Registrable Securities, during such date, on or after period following the closing of the Company’s first registered public offering of Common Stock, on which all Initial Public Offering when such shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately can be sold under Rule 144 during in any ninety (90) day period and under Rule 144, or (ii) three five (35) years after the closing of a Qualified the Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion of Registrable Securities in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of of: (i) such date, on or after the closing of the Company’s first registered public offering of Common StockShares, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three five (35) years after the closing of a Qualified Public Offeringthe IPO.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or date after the closing of the Company’s first registered public offering of Common Stock, on which Stock of the Company as all shares of Registrable Securities held or entitled to be held upon conversion by such Holder holder may immediately be sold under Rule 144 during any ninety (90) -day period and (ii) three (3) years after the closing of a Qualified Public Offeringperiod.

Termination of Registration Rights. The right of any Holder to make a Registration Request shall terminate upon the first date on which such Holder’s Registrable Securities represent less than two and one-half percent (2.5%) of the then-outstanding Ordinary Shares. The right of any Holder to request registration or inclusion of Registrable Securities in any registration or Shelf Offering pursuant to Sections Subsections 2.1, 2.2 or 2.3 shall terminate on upon the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, date on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during ceases to beneficially own any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public OfferingRegistrable Securities.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on upon the earlier expiration of five (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (35) years after the closing of a Qualified Public OfferingOffering or such earlier time at which such Holder can sell all Registrable Securities held by him, her or it in compliance with Rule 144(k).

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three (3) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on upon the earlier of earliest to occur of: (ia) such date, on or five (5) years after the closing of the Company’s first registered public offering Initial Public Offering; or (b) such time after consummation of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under the Initial Public Offering as Rule 144 or another similar exemption under the Securities Act is available for the sale of all of such Holder’s shares without limitation, during any ninety (90) day period and (ii) a three (3) years after the closing of a Qualified Public Offering3)-month period without registration.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and period, (ii) three four (34) years after the closing of a Qualified the Company’s Initial Public OfferingOffering and (iii) upon termination of the Agreement as provided herein.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, date on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three (3) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 Section 1 hereof shall terminate on upon the earlier expiration of three (i3) such date, on or years after the closing of the Company’s first registered initial public offering of Common StockStock of the Company. In addition, on which a Holder's registration rights shall expire if all shares of Registrable Securities held or entitled by and issuable to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public Offering.period. SECTION 2

Termination of Registration Rights. The right of any Holder to request registration or inclusion of Registrable Securities in any registration pursuant to Sections 2.1Section 2.2, 2.2 Section 2.3, or 2.3 Section 2.4 hereof shall terminate on upon the earlier of of: (i) such date, on or after the closing date five years following an initial public offering of the Company’s first Common Stock registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public Offering.the

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common StockOrdinary Shares, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period 90)-day period, and (ii) three five (35) years after the closing of a Qualified Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion of Registrable Securities in any registration pursuant to Sections 2.1Section 2.1 or Section 2.2 will terminate upon the date that is four (4) years following the date hereof. Upon such termination, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled will cease to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public Offering“Registrable Securities” hereunder for all purposes.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on upon the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any within a ninety (90) day period for any continuous one hundred and eighty day (180) day period so long as the Company has completed a Qualified Public Offering, or (ii) three the expiration of seven (37) years after the closing of a Qualified Public Offering.

Termination of Registration Rights. The right of any Holder to ---------------------------------- request registration or inclusion in any registration pursuant to Sections 2.1Section 1.3, 2.2 1.4, 1.6 or 2.3 2.6 hereof shall terminate on upon the earlier expiration of five (i5) such date, on or years after the closing of the Company’s first registered public offering of Common Stock, on which all shares Stock of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public OfferingCompany.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) -day period and (ii) three (3) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Registerable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three five (35) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common StockOrdinary Shares, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) -day period and (ii) three (3) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder or Founder to request registration or inclusion in any registration pursuant to Sections 2.1Section 1.2, 2.2 1.3 or 2.3 1.5 shall terminate on upon the earlier expiration of seven (i7) such date, on or years after the closing of a Qualified Public Offering. In addition, the Company’s first registered public offering right of Common Stockany Holder or Founder to request registration or inclusion in any registration pursuant to Section 1.2, on which 1.3 or 1.5 shall be suspended during such times that all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public Offeringmonth period.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 above shall terminate on the earlier of of: (i) such date, on or after following the closing of the Company’s first registered public offering of Common Stock, on which all shares with respect to any Holder who then holds an amount of Registrable Securities held or entitled that is equal to be held upon conversion by less than one percent (1%) of the outstanding securities of the Company and may sell all such Holder may immediately be sold Registrable Securities under Rule 144 during any ninety (90) day period period, and (ii) three four (34) years after the closing of a Qualified Public Offering.

Termination of Registration Rights. The Any Holder’s right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 Section 2.1 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three two (32) years after the closing of a the Company’s Qualified Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified the Initial Public Offering. 3.

Termination of Registration Rights. The right of any Holder to request registration or inclusion to include Registrable Securities in any registration pursuant to Sections 2.1, 2.2 or 2.3 this Section 8 shall terminate on upon the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on date which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety is five (90) day period and (ii) three (35) years after the closing effective date of a Qualified Public Offering.the first registration statement for an initial public offering of securities of the Company (other than a

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three (3) years after the closing of a Qualified the Company’s Initial Public Offering.. Table of Contents SECTION 3

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1Section 1.2, 2.2 1.3 or 2.3 1.5 shall terminate on the earlier of (i) such date, on or date after the closing of the Company’s first registered public offering of Common Stock, on which Stock of the Company as all shares of Registrable Securities held or entitled to be held upon conversion by such Holder (together with any affiliate of the Holder with whom such Holder must aggregate its sales under Rule 144) may immediately be sold under Rule 144 during any ninety (90) day period three month period, and (ii) three four (34) years after the closing of a the Qualified Public Offering.

Termination of Registration Rights. (a) The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 this Section 1 shall terminate on the earlier of (i) such date, on or two years after the closing of the Company’s first registered an initial public offering of Common Stock, on which Stock of the Company; or (ii) such date as all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public Offeringperiod.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three five (35) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder ---------------------------------- to request registration or inclusion in any registration pursuant to Sections 2.13.1, 2.2 3.2 or 2.3 3.3 shall terminate on the earlier of (i) such date, on or date after the closing of the Company’s first registered public offering of Common Stock, on which Stock of the Company as all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) -day period and period, or (ii) three (3) years after the closing of a Qualified Public Offeringthe first Company-initiated registered public offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified the Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three seven (37) years after the closing of a the Company’s Qualified Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration regis­tration or inclusion in any registration pursuant to Sections 2.1Section 1.3, 2.2 1.4, 1.6 or 2.3 2.6 hereof shall terminate on upon the earlier expiration of five (i5) such date, on or years after the closing of the Company’s first registered public offering of Common Stock, on which all shares Stock of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public OfferingCompany.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Section 1.2 or to request registration pursuant to Sections 2.1, 2.2 or 2.3 1.3 and 1.4 shall terminate on upon the earlier of (i) such date, on or five years after the closing date of the Company’s first registered public offering of Common Stock's initial Public Offering, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) such time as Rule 144 or another similar exception under the Securities Act is available for the sale of all of such Holder's Registrable Securities within a three (3) years after month period without registration and such Holder owns less than one percent (1%) of the closing outstanding capital stock of a Qualified Public Offeringthe Company.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and period, (ii) three five (35) years after the closing of the Company’s Initial Public Offering and (iii) the consummation of a Qualified Public OfferingCorporate Event.

Termination of Registration Rights. The right of any Holder to request ---------------------------------- registration or inclusion in any registration pursuant to Sections 2.1Section 1.2, 2.2 1.3 or 2.3 1.5 shall terminate on after the earlier of (i) such date, on or after five (5) years following the closing of the first Company’s first -initiated registered public offering of Common StockStock of the Company, on which all shares of Registrable Securities held or entitled to be held upon conversion by (ii) such Holder may immediately be sold under time as Rule 144 or another similar exemption under the Securities Act is available for the sale of all of such Holder's shares during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public Offeringperiod.

Termination of Registration Rights. The right of any Holder to ---------------------------------- request registration or inclusion in any registration pursuant to Sections 2.1Section 1.2, 2.2 1.3 or 2.3 1.5 shall terminate on after the earlier of (i) such date, on or after five (5) years following the closing of the first Company’s first -initiated registered public offering of Common StockStock of the Company, on which all shares of Registrable Securities held or entitled to be held upon conversion by (ii) such Holder may immediately be sold under time as Rule 144 or another similar exemption under the Securities Act is available for the sale of all of such Holder's shares during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public Offeringperiod.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three (3) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and period; (ii) three (3) years after the closing of a Qualified the Company’s Initial Public Offering; and (iii) immediately prior to a Change of Control.

Termination of Registration Rights. The right of any Holder to request registration or inclusion of Registrable Securities in any registration pursuant to Sections 2.12.1 or 2.2 hereof will terminate upon the date four (4) years following the date hereof. Upon such termination, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled will cease to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public Offering“Registrable Securities” hereunder for all purposes.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to this Sections 2.11.2, 2.2 1.3 or 2.3 1.5 shall terminate on the earlier of (i) the fifth anniversary of the closing of the Initial Offering or (ii) such date, on or date after the closing of the Company’s first registered public offering of Common Stock, on which Initial Offering as all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) -day period and (ii) three (3) years after the closing of a Qualified Public Offeringperiod.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, date on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three six (36) years after the closing of a Qualified the Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on upon the earlier of (i) such date, on five years after a Qualified Public Offering (as defined below) or after (ii) the closing of the Company’s first registered public offering of Common Stock, on time at which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold immediately under Rule 144 during without regard to any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public Offeringvolume limitations thereunder.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 Section 1.2 or 2.3 to request registration pursuant to Section 1.3 shall terminate on upon the earlier of (i) such date, on or five years after the closing date of the Company’s first registered 's initial Public Offering, or (ii) such date as a public offering of trading market shall exist for the Company's Common Stock, on which Stock and all shares of Registrable Securities held beneficially owned or entitled subject to be held upon conversion Rule 144 aggregation by such Holder may immediately be sold under Rule 144 (without regard to Rule 144(k)) during any ninety (90) -day period and (ii) three (3) years after the closing of a Qualified Public Offeringperiod.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90144(k) day period and (ii) three seven (37) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common StockInitial Public Offering, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period 90)-day period; and (ii) three five (35) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.15.1, 2.2 5.2 or 2.3 5.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three (3) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any registration rights afforded to each Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 under this Section 1 shall terminate on upon the earlier to occur of (i) such date, on or after the closing fifth anniversary of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held Initial Public Offering or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing with respect to each Holder, whenever such Holder is eligible to sell all of such Holder's Registrable Securities pursuant to Rule 144 within a Qualified Public Offeringsix month period.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, Initial Public Offering on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period 90)-day period, and (ii) three (3) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1Section 1.2, 2.2 1.3 or 2.3 1.5 shall terminate on the earlier of (i) such date, on or date after the closing of the first Company’s first -initiated registered public offering of Common Stock, on which Stock of the Company as all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety three (90) day 3)-month period and or (ii) three the expiration of five (35) years after the closing of a Qualified Public Offering.the first registered public offering of Common Stock of the Company. SECTION 2

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of seven (i7) such date, on or years after the closing of the Company’s first registered public offering of Common StockInitial Public Offering; provided, on however, that a Holder shall have no right to request registration or inclusion in any such registration during such time during which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public Offering90)-day period.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common StockInitial Public Offering, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder (x) constitute less than one percent (1%) of the Company’s outstanding Common Stock and (y) may immediately be sold under Rule 144 during any ninety (90) day period 144, and (ii) three (3) years after the closing of a Qualified the Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in ill any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three five (35) years after the closing of a Qualified the Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 Section 2.1 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three (3) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 under Section 2.1 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all if a Holder’s total holdings are reduced to less than 1% of the outstanding shares of Registrable Securities held or entitled to be held upon conversion by the Company and all such Holder shares may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three five (35) years after the closing of a Qualified Public Offeringthe Company’s registered offering that causes an Automatic Conversion Event under the Company’s then-current Certificate of Incorporation.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1Section 1.2, 2.2 1.3 or 2.3 1.5 shall terminate on after the earlier of (ia) such date, on or after five (5) years following the closing of the first Company’s first -initiated registered public offering of Common StockStock of the Company, on which all shares of Registrable Securities held or entitled to be held upon conversion by (b) such Holder may immediately be sold under time as Rule 144 or another similar exemption under the Securities Act is available for the sale of all of such Holder’s shares during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public Offeringperiod.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering Initial Public Offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period period, and (ii) three (3) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1Section 1.2, 2.2 1.3 or 2.3 1.5 shall terminate on after the earlier of (i) such date, on or after five (5) years following the closing of the Company’s first registered initial public offering of Common StockStock of the Company, on which all shares of Registrable Securities held or entitled to be held upon conversion by (ii) such Holder may immediately be sold under time as Rule 144 or another similar exemption under the Securities Act is available for the sale of all of such Holder's shares during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Public Offeringperiod.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and period, (ii) three two (32) years after the closing of the Company’s Initial Public Offering and (iii) a Qualified Public OfferingChange of Control.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1Section 1.2, 2.2 or 2.3 Section 1.3 and Section 1.4 shall terminate on the earlier of (i) such date, on or date after the closing of the first Company’s first -initiated registered public offering of Common Stock, on which Stock of the Company as all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) -day period and (ii) three (3) years after the closing of a Qualified Public Offeringperiod.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day 90)-day period and or (ii) three five (35) years after the closing of a Qualified the Company’s Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, the date on which the Holder or any permitted transferee of a Holder owns no Registrable Securities and (ii) five (5) years after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three (3) years after the closing of a Qualified Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 above shall terminate on the earlier of of: (i) such date, on or after following the closing of the Company’s first registered public offering of Common Stock, on which all shares with respect to any Holder who then holds an amount of Registrable Securities held or entitled that is equal to be held upon conversion by less than one percent (1%) of the outstanding securities of the Company and may sell all such Holder may immediately be sold Registrable Securities under Rule 144 during any ninety (90) day period and (ii) three four (34) years after the closing of a Qualified Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1Section 1.02, 2.2 1.03 or 2.3 1.05 shall terminate on the earlier of (i) such date, on or date after the closing of the first Company’s first -initiated registered public offering of Common Stock, on which Stock of the Company as all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety three (90) day 3)-month period and or (ii) three the expiration of five (35) years after the closing of a Qualified Public Offeringthe first registered public offering of Common Stock of the Company. Article II.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period 90)-day period, and (ii) three five (35) years after the closing of a the Company’s Qualified Initial Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections Section 2.1, 2.2 or 2.3 shall terminate with respect to such Holder on the earlier of (ia) such date, on or after the closing of the Company’s first registered public offering of Common StockInitial Public Offering, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period 90)-day period; and (iib) three five (35) years after the closing of a Qualified the Company’s Public Offering.

Termination of Registration Rights. The right of any Holder to request registration or inclusion in any registration pursuant to Sections 2.1, 2.2 or 2.3 shall terminate on the earlier of (i) such date, on or after the closing of the Company’s first registered public offering of Common Stock, on which all shares of Registrable Securities held or entitled to be held upon conversion by such Holder may immediately be sold under Rule 144 during any ninety (90) day period and (ii) three five (35) years after the closing of a Qualified the Company’s Initial Public Offering.