Common use of Piggy Back Registration Clause in Contracts

Piggy Back Registration. If the Company at any time proposes to register any of its securities under the Act or pursuant to the Securities Exchange Act of 1934, as amended (the “1934 Act”), collectively referred to as the “Securities Acts,” whether or not for sale for its own account, it will each such time give prompt written notice to the Optionee of its intention to do so (the “Registration Notice”). Upon the written request of the Optionee, made within fifteen (15) business days after the receipt of the Registration Notice, the Company shall use its best efforts to effect the registration under the Securities Acts of such amount of the Option Shares as the Optionee requests, by inclusion of such Option Shares in the registration statement that relates to the securities which the Company proposes to register, provided that if, at any time after giving the Registration Notice and prior to the effective date of the registration statement filed in connection with such registration, the Company shall determine for any reason either not to register or to delay registration of such securities, the Company may, at its election, give written notice of such determination to the Optionee (the “Refusal Notice”) and, thereupon, (i) in the case of a determination not to register, shall be relieved of its obligation to register the Option Shares in connection with such terminated registration (but not from its obligation to pay the Registration Expenses (as defined herein) in connection therewith), and (ii) in the case of a determination to delay registering, shall be permitted to delay registering the Option Shares, for the same period as the delay in registering such other securities.

Piggy Back Registration. If the Company at any time proposes to register any of its securities under the Act or pursuant to the Securities Exchange Act of 1934, as amended (the “"1934 Act”ACT"), collectively referred to as the “Securities Acts"SECURITIES ACTS,” " whether or not for sale for its own account, it will each such time give prompt written notice to the Optionee Executive of its intention to do so (the “Registration Notice”"REGISTRATION NOTICE"). Upon the written request of the OptioneeExecutive, made within fifteen (15) business days after the receipt of the Registration Notice, the Company shall use its best efforts to effect the registration under the Securities Acts of such amount of the Option Shares Executive's Common Stock as the Optionee Executive requests, by inclusion of such Option Shares the Executive's Common Stock in the registration statement that relates to the securities which the Company proposes to register, provided PROVIDED that if, at any time after giving the Registration Notice and prior to the effective date of the registration statement filed in connection with such registration, the Company shall determine for any reason either not to register or to delay registration of such securities, the Company may, at its election, give written notice of such determination to the Optionee Executive (the “Refusal Notice”"REFUSAL NOTICE") and, thereupon, (i) in the case of a determination not to register, shall be relieved of its obligation to register the Option Shares Executive's Common Stock in connection with such terminated registration (but not from its obligation to pay the Registration Expenses (as defined herein) in connection therewith), and (ii) in the case of a determination to delay registering, shall be permitted to delay registering the Option SharesExecutive's Common Stock, for the same period as the delay in registering such other securities.

Piggy Back Registration. If the Company at any time proposes to register any of its securities under the Act or pursuant to the Securities Exchange Act of 1934, as amended (the “1934 Act”), collectively referred to as the “Securities Acts,” whether or not for sale for its own account, it will each such time give prompt written notice to the Optionee of its intention to do so (the “Registration Notice”). Upon the written request of the Optionee, made within fifteen (15) business days after the receipt of the Registration Notice, the Company shall use its best efforts to effect the registration under the Securities Acts Act of such amount of the Option Shares as the Optionee requests, by inclusion of such Option Shares in the registration statement that relates to the securities which the Company proposes to register, provided that if, at any time after giving the Registration Notice and prior to the effective date of the registration statement filed in connection with such registration, the Company shall determine for any reason either not to register or to delay registration of such securities, the Company may, at its election, give written notice of such determination to the Optionee (the “Refusal Notice”) and, thereupon, (i) in the case of a determination not to register, shall be relieved of its obligation to register the Option Shares in connection with such terminated registration (but not from its obligation to pay the Registration Expenses (as defined herein) in connection therewith), and (ii) in the case of a determination to delay registering, shall be permitted to delay registering the Option Shares, for the same period as the delay in registering such other securities.

Piggy Back Registration. If the Company at any time proposes to register any of its securities under the 1933 Act or pursuant for sale to the Securities Exchange Act of 1934public, as amended (the “1934 Act”), collectively referred to as the “Securities Acts,” whether or not for sale for its own accountaccount or for the account of other security holders or both, it will except with respect to registration statements on Forms X-0, X-0, X-0 or another form not available for registering the Consultant Shares for sale to the public, provided the Consultant Shares are not otherwise registered for resale by the holder(s) of the Consultant Shares pursuant to an effective registration statement, each such time the Company will give prompt written notice to the Optionee of its intention to do so (the “Registration Notice”). Upon the written request of the Optionee, made within at least fifteen (15) business days’ prior written notice to Consultant of its intention so to do. Upon written request of Consultant, received by the Company within ten (10) days after the receipt giving of any such notice by the Company, to register any of the Registration NoticeConsultant Shares not previously registered, the Company shall use its best efforts to effect will cause the registration under the Securities Acts of such amount of the Option Consultant Shares as to which registration shall have been so requested to be included with the Optionee requests, securities to be covered by inclusion of such Option Shares in the registration statement that relates proposed to be filed by the Company, all to the extent required to permit the sale or other disposition of the Consultant Shares by Consultant. In the event that any registration pursuant to this paragraph 4 shall be, in whole or in part, an underwritten public offering of common stock of the Company, the number of shares of the Consultant Shares to be included in such underwriting may be reduced by the managing underwriter if and to the extent that the underwriter shall reasonably be of the opinion that such inclusion would adversely affect the marketing of the securities which to be sold by the Company proposes to registertherein; provided, provided however, that if, at the Company shall notify the Seller in writing of any time after giving such reduction. Notwithstanding the Registration Notice and prior to the effective date of the registration statement filed in connection with such registrationforegoing provisions, the Company shall determine for may withdraw or delay or suffer a delay of any reason either not registration statement referred to register or to delay registration of such securities, the Company may, at its election, give written notice of such determination in this paragraph 4 without thereby incurring any liability to the Optionee (the “Refusal Notice”) and, thereupon, (i) in the case of a determination not to register, shall be relieved of its obligation to register the Option Shares in connection with such terminated registration (but not from its obligation to pay the Registration Expenses (as defined herein) in connection therewithSeller(s), and (ii) in the case of a determination to delay registering, shall be permitted to delay registering the Option Shares, for the same period as the delay in registering such other securities.

Piggy Back Registration. If the Company at any time proposes shall determine to register prepare and file with the Commission a registration statement relating to an offering for its own account or the account of others under the Securities Act of any of its equity securities (other than on Form S-3, Form S-4 or Form S-8 (each as promulgated under the Act Securities Act) or pursuant its then equivalents relating to equity securities to be issued in a primary offering by the Securities Exchange Act Company, solely in connection with any acquisition of 1934any entity or business or issuable in connection with stock option or other employee benefit plans, as amended (the “1934 Act”respectively), collectively referred then the Company shall send to as the “Securities Acts,” whether or not for sale for its own account, it will each such time give prompt Purchaser written notice to the Optionee of its intention to do so such determination and, if within seven (the “Registration Notice”). Upon the written request of the Optionee, made within fifteen (157) business days Business Days after the receipt of such notice, any such Purchaser shall so request in writing (which request shall specify the Registration NoticeUnderlying Shares intended to be disposed of by the Purchaser), the Company shall use its best efforts to effect will cause the registration under the Securities Acts Act of all Underlying Shares which the Company has been so requested to register by the Purchaser, to the extent required to permit the disposition of such amount Underlying Shares so to be registered. The Company shall include in such registration statement all or any part of such Underlying Shares such Purchaser requests to be registered; provided, however, that the Company shall not be required to register any Underlying Shares pursuant to this Section that are eligible for sale pursuant to Rule 144 of the Option Shares as Securities Act, or that the Optionee requestsCompany determines, by inclusion of such Option Shares acting in its sole and absolute discretion, would cause the registration statement that relates to not comply with the securities which provisions of Rule 415, as promulgated under the Company proposes to register, provided that if, at any time after giving Securities Act and interpreted by the Registration Notice and prior to the effective date staff of the registration statement filed in Securities and Exchange Commission. In connection with such registrationany registration of Underlying Shares pursuant to this Section, the Company and the Purchasers participating in such registration shall determine for any reason either not to register or to delay enter into a registration rights agreement containing customary and reasonable provisions regarding the registration of such securities, the Company may, at its election, give written notice of such determination to the Optionee (the “Refusal Notice”) and, thereupon, (i) in the case of a determination not to register, shall be relieved of its obligation to register the Option Shares in connection with such terminated registration (but not from its obligation to pay the Registration Expenses (as defined herein) in connection therewith), and (ii) in the case of a determination to delay registering, shall be permitted to delay registering the Option Shares, for the same period as the delay in registering such other securities.

Piggy Back Registration. (a) If the Company at any time proposes to register any of its securities under the Securities Act (other than (x) by a registration on Form S-4 or S-8 or any successor or similar forms or (y) pursuant to the Securities Exchange Act of 1934, as amended (the “1934 Act”), collectively referred to as the “Securities Acts,” Section 4.1) whether or not for sale for its own accountaccount or for the account of the holder or holders of any Common Stock other than the Shares ("Other Shares"), it will each such time give prompt written notice to the Optionee Tapir of its intention to do so (the “Registration Notice”)and of Tapir's rights under this Section 4.2. Upon the written request of the Optionee, Tapir made within fifteen (15) business 20 days after the receipt of any such notice (which request shall specify the Registration NoticeShares intended to be disposed of by Tapir and the intended method of disposition thereof), the Company shall will use its best reasonable efforts to effect the registration under the Securities Acts Act of such amount all Shares which the Company has been so requested to register by Tapir, to the extent required to permit the disposition (in accordance with the intended methods thereof as aforesaid) of the Option Shares as the Optionee requestsso to be registered, by inclusion of such Option Shares in the registration statement that relates to which covers the securities which the Company proposes to register, ; provided that if, at any time after giving the Registration Notice written notice of its intention to register any securities and prior to the effective date of the registration statement filed in connection with such registration, the Company shall determine for any reason either not to register or to delay registration of such securities, the Company may, at its election, give written notice of such determination to the Optionee (the “Refusal Notice”) Tapir and, thereupon, (i) in the case of a determination not to register, shall be relieved of its obligation to register the Option Shares in connection with such terminated registration (but not from its obligation to pay the Registration Expenses (as defined herein) in connection therewith), and (ii) in the case of a determination to delay registering, shall be permitted to delay registering the Option Shares, for the same period as the delay in registering such other securities.be