Examples of Piggyback Stockholder in a sentence
The Company will pay all (and will promptly reimburse to any Piggyback Stockholder submitting a request pursuant to Section 4.3(a) to the extent it has borne any) Registration Expenses other than any Selling Expenses with respect to any registration of Registrable Securities pursuant to this Section 4.3, regardless of whether the registration statement filed in connection with such registration becomes effective.
Each Piggyback Stockholder will be solely liable for the payment of any Selling Expenses applicable to the sale of Registrable Securities by such Piggyback Stockholder.
Each Piggyback Stockholder participating in a registration agrees to execute an underwriting agreement with such underwriter that is (i) reasonably satisfactory to the Company and (ii) in customary form.
The piggyback registration rights contained in this Article IX shall not be applicable to the extent that a Piggyback Stockholder is able to sell shares of Common Stock pursuant to Rule 144 promulgated pursuant to the Securities Act.
In its request, each Piggyback Stockholder shall describe briefly its proposed disposition of its Common Stock.