Common use of Underwriting in Piggyback Registration Clause in Contracts

Underwriting in Piggyback Registration. If the Company Notice relates to an underwritten public offering, the Company shall so advise the Shareholders in the Company Notice. In such event the right of any Shareholder to Registration shall be conditioned upon the inclusion of such Shareholder’s Registrable Securities in such underwritten public offering to the extent provided in this Section. All Shareholders proposing to distribute their securities through such underwriting shall (together with the Company and any other Shareholders participating in such offering) enter into an underwriting agreement for such offering. The Company shall select the underwriter(s).

Underwriting in Piggyback Registration. If the Company Notice relates to an underwritten public offering, the Company shall so advise the Shareholders Management Stockholders in the Company Notice. In such event the right of any Shareholder Management Stockholder to Registration shall be conditioned upon the inclusion of such ShareholderManagement Stockholder’s Registrable Securities in such underwritten public offering to the extent provided in this Section. All Shareholders Management Stockholders proposing to distribute their securities through such underwriting shall (together with the Company and any other Shareholders Management Stockholders participating in such offering) enter into an underwriting agreement with the Underwriter’s Representative for such offering. The Company shall select the underwriter(s)underwriters.