Common use of Termination of Rights Clause in Contracts

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.3, 1.4 and 1.5 shall terminate with respect to such Holder upon the earlier of (i) three (3) years following the consummation of the Company’s IPO, or (ii) when such Holder can sell all of its Registrable Securities within a three (3) month period pursuant to Rule 144.

Appears in 2 contracts

Samples: Investor Rights Agreement (Inspire Medical Systems, Inc.), Investor Rights Agreement (Inspire Medical Systems, Inc.)

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Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.3, 1.4 and 1.5 and the Company’s obligations under Section 1.15 shall terminate with respect to such Holder upon the earlier of (i) three five (35) years following the consummation of the Company’s IPO, or (ii) when such Holder can sell all of its Registrable Securities within a three (3) month period pursuant to Rule 144, without reference to Rule 144(k), or (iii) after the consummation of a Liquidation (as defined in the Certificate of Incorporation.

Appears in 2 contracts

Samples: Investor Rights Agreement (Tetralogic Pharmaceuticals Corp), Investor Rights Agreement (Tetralogic Pharmaceuticals Corp)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.3, 1.4 and 1.5 shall terminate with respect to such Holder upon the earlier of (i) three five (35) years following the consummation of the Company’s IPO, IPO or (ii) when such Holder can sell all of its Registrable Securities within a three (3) month period pursuant to Rule 144, without reference to Rule 144(k).

Appears in 2 contracts

Samples: Investor Rights Agreement (Tetralogic Pharmaceuticals Corp), Investor Rights Agreement (Tetralogic Pharmaceuticals Corp)

Termination of Rights. 13.1 The rights of any particular Holder right to cause the Company to register Register securities granted under Sections 1.34 and 5, 1.4 and 1.5 the right to receive notices pursuant to Sections 4 and 5, shall terminate with respect terminate, as to any Holder, at such Holder upon the earlier of (i) three (3) years following the consummation of the Company’s IPO, or (ii) when time as all Registrable Securities held by such Holder can sell all of its Registrable Securities within a be sold in any three (3) month period pursuant to without registration under Rule 144.

Appears in 1 contract

Samples: Investor Rights Agreement (Tivo Inc)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.3, 1.4 1.5 and 1.5 1.6 shall terminate with respect to such Holder upon on the earlier of (i) three (3) years following the consummation of the Company’s IPO, or (ii) date when such Holder can sell all of its Registrable Securities within securities may be sold during a three (3) month one-year period pursuant to Rule 144144 (but not Rule 144A) or --- similar or successor Rule and (ii) the date five (5) years after the effective date of the Company's Initial Public Offering.

Appears in 1 contract

Samples: Registration Rights Agreement (Peregrine Systems Inc)

Termination of Rights. The rights of any particular Holder or permitted transferee thereof to cause the Company to register securities under Sections 1.31.5, 1.4 1.6 and 1.5 1.7 shall terminate with respect to such Holder upon on the earlier of (ia) three (3) seven years following after the consummation closing of the Company’s IPO, a Qualified Public Offering or (iib) date when such Holder can sell all of its Registrable Securities pursuant to Rule 144 of the Securities Act within a three (3) month period pursuant to Rule 144period.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Tobira Therapeutics, Inc.)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.3, 1.4 and 1.5 Section 2 hereof shall terminate with respect as to such Holder upon the earlier later to occur of (i) three (3) years following after the consummation date of the closing of the Company’s IPO, or (ii) when such Holder can sell all of its Registrable Securities within a three (3) month period pursuant to Rule 144.Initial Offering or

Appears in 1 contract

Samples: Rights Agreement (Liposcience Inc)

Termination of Rights. The rights of any particular Holder to --------------------- cause the Company to register securities Registrable Securities under Sections 1.32.5, 1.4 2.6 and 1.5 2.7 shall terminate with respect to such Holder upon on the earlier of (i) three the date when all of such Holder's Registrable Securities may be sold pursuant to Rule 144(k) or similar or successor Rule and (3ii) the date five (5) years following after the consummation effective date of the Company’s IPO, or (ii) when such Holder can sell all of its Registrable Securities within a three (3) month period pursuant to Rule 144's Initial Public Offering.

Appears in 1 contract

Samples: Rights Agreement (Usweb Corp)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.31.5, 1.4 1.6 and 1.5 1.7 shall terminate with respect to such Holder upon on the earlier of date when (i) three (3) years following the consummation of the Company’s IPO, or (ii) when such Holder can sell all of its Registrable Securities within a three (3) month period pursuant to Rule 144144(k) or similar or successor Rule; (ii) such Holder can sell all of its Registrable Securities pursuant to Rule 144 in any single 90-day period; or (iii) six (6) years after the Company’s Initial Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Volcano CORP)

Termination of Rights. The rights of any particular Holder to cause --------------------- the Company to register securities Registrable Securities under Sections 1.31.5, 1.4 1.6 and 1.5 1.7 shall terminate with respect to such Holder upon on the earlier of (i) the date when all of such Holder's Registrable Securities may be sold pursuant to Rule 144(k) or similar or successor Rule and (ii) the date three (3) years following after the consummation effective date of the Company’s IPO, or (ii) when such Holder can sell all of its Registrable Securities within a three (3) month period pursuant to Rule 144's Initial Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Usweb Corp)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.3, 1.4 1.4, and 1.5 shall terminate with respect to such Holder upon after the earlier of (i) three the fourth (34th) years following anniversary of the consummation of the Company’s IPOan IPO in which all Preferred Stock is converted into Common Stock, or (ii) when with respect to any Holder, at such Holder can sell time after an IPO as Rule 144 or another similar exemption under the Securities Act is available for the sale of all of its Registrable Securities within such Holder’s shares during a three (3) three-month period pursuant to Rule 144without registration or (iii) upon termination of the Agreement as provided herein.

Appears in 1 contract

Samples: Investor Rights Agreement (Fate Therapeutics Inc)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.3, 1.4 and 1.5 shall terminate with respect to such Holder upon the earlier of (i) three (3) six years following the consummation of the Company’s IPO, or IPO and (ii) with respect to any Holder when such Holder can sell all of its Registrable Securities within a three (3) month period pursuant to Rule 144.

Appears in 1 contract

Samples: Investor Rights Agreement (Intermolecular Inc)

Termination of Rights. The rights of any particular Holder to cause the Company to register Register securities under Sections 1.35.1, 1.4 5.2 and 1.5 6 shall terminate with respect to such Holder upon the earlier of ten (i) three (310) years following after the consummation effective date of the Company’s IPO's initial public offering or, or (ii) when as to any Holder, such earlier time at which all Registrable Securities held by such Holder (and any affiliate of the Holder with whom such Holder must aggregate its sales under Rule 144) can sell all of its Registrable Securities within a be sold in any three (3) month period pursuant to without registration in compliance with Rule 144144 of the Act.

Appears in 1 contract

Samples: Investor Rights Agreement (Homegrocer Com Inc)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.32.1, 1.4 2.2 and 1.5 2.3 shall terminate with respect to such Holder upon on the earlier of date that is seven (i) three (37) years following after the consummation of date hereof or on the Company’s IPO, or (ii) when date on which all Registrable Securities held by such Holder can sell all of its Registrable Securities within a three be sold in any 90-day period under Rule 144 (3) month period pursuant without regard to Rule 144144(k)).

Appears in 1 contract

Samples: Investor Rights Agreement (Party City Corp)

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Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.33.1, 1.4 3.2 and 1.5 3.3 shall terminate with respect to such Holder upon on the earlier of date that is seven (i) three (37) years following after the consummation of date hereof or on the Company’s IPO, or (ii) when date on which all Registrable Securities held by such Holder can sell all of its Registrable Securities within a three be sold in any 90-day period under Rule 144 (3) month period pursuant without regard to Rule 144144(k)).

Appears in 1 contract

Samples: Investor Rights Agreement (Party City Corp)

Termination of Rights. The rights of any particular Holder or permitted transferee thereof to cause the Company to register securities under Sections 1.31.5, 1.4 1.6 and 1.5 1.7 shall terminate with respect to such Holder upon on the earlier of (i) three (3) six years following the consummation date of the Company’s IPO, initial public offering or (ii) with respect to such Holder on the date when such Holder can sell all of its Registrable Securities within in a three (3) month period single transaction pursuant to Rule 144144 of the Securities Act.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Aldeyra Therapeutics, Inc.)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.3, 1.4 and 1.5 shall terminate with respect to such Holder upon the earlier of (i) three five (35) years following the consummation of the Company’s IPO, or (ii) when such Holder can sell all of its Registrable Securities within a three (3) month 3)-month period pursuant to Rule 144, without reference to Rule 144(k).

Appears in 1 contract

Samples: Investor Rights Agreement (OncoMed Pharmaceuticals Inc)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.31.5, 1.4 1.6 and 1.5 1.7 shall terminate with respect to such Holder upon on the earlier of (i) three (3) years following the consummation of the Company’s IPO, or (ii) date when such Holder (and any affiliate of the Holder with whom such Holder must aggregate its sales under Rule 144) can sell all of its Registrable Securities within a three (3) month period pursuant to Rule 144144 in any single 90day period.

Appears in 1 contract

Samples: Investor Rights Agreement

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.31.5, 1.4 1.6 and 1.5 1.7 shall terminate with respect to such Holder upon on the earlier of (i) three (3) years following the consummation of the Company’s IPO, or (ii) date when such Holder can sell all of its Registrable Securities within securities may be sold during a three (3) month one-year period pursuant to Rule 144144 (but not Rule 144A) or similar or successor Rule and (ii) the date seven (7) years after the effective date of the Company's Initial Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Sandbox Entertainment Corp)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.3, 1.4 1.4, and 1.5 shall terminate with respect to such Holder upon on the earlier of (ia) three the six (36) years following year anniversary of the consummation effective date of the Company’s IPO, or (iib) when such Holder can sell time as Rule 144 is available for the sale of all of its Registrable Securities within such Holder’s shares during a three (33)-month period without registration, and (c) month period pursuant to Rule 144upon the termination of the entire Agreement upon a change of control of the Company, as provided in Section 5.12.

Appears in 1 contract

Samples: Investor Rights Agreement (Novacea Inc)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.3, 1.4 and 1.5 shall terminate with respect to such Holder upon the earlier of (i) three (3) five years following the consummation of the Company’s IPOa Qualified Public Offering, or (ii) when when, after the Company’s first firm commitment underwritten public offering of its Common Stock registered under the Securities Act, such Holder can sell all of its Registrable Securities within a three (3) month period pursuant to Rule 144.

Appears in 1 contract

Samples: Investor Rights Agreement (Intersect ENT, Inc.)

Termination of Rights. The rights of any particular Holder to --------------------- cause the Company to register securities under Sections 1.3Section 2.2, 1.4 and 1.5 2.3 or 2.9 hereof shall terminate with respect as to such any Holder upon on the earlier of (ia) three the date (3and during such period) years following the consummation of the Company’s IPO, or (ii) when that such Holder can sell is able to dispose of all of its Registrable Securities within a three (3) month in any 90-day period pursuant to SEC Rule 144144 (or any similar or analogous rule promulgated under the 1933 Act), or (b) the third anniversary of the closing of the Company's initial public offering of stock.

Appears in 1 contract

Samples: Investor Rights Agreement (Pozen Inc /Nc)

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