Common use of Registration Under the Act Clause in Contracts

Registration Under the Act. The Company agrees that the Shares or, if the Shares are convertible into common stock of the Company, such common stock, shall be deemed “Registrable Securities” entitled to the same “piggy back” registration rights (but no other registration rights) as are accorded the other holders of the Company’s Series D Preferred Stock; provided that as a condition to the exercise of this Warrant, the Holder shall execute (a) an amendment to the then applicable Investors’ Rights Agreement granting such piggy-back rights (but no other registration rights) and subjecting Holder to the same conditions to the exercise of such piggy-back rights as are imposed on the other holders of the Company’s Series D Preferred Stock, and (b) an amendment to the then applicable Voting Agreement agreeing to the same voting and drag-along obligations as are imposed on other holders of the Company’s Series D Preferred Stock. The Company agrees that no amendments will be made to the then applicable Investor Rights’ Agreement which would have an adverse impact on Holder’s registration rights hereunder in a manner which does not have a similar adverse impact on the registration rights of the holders of the class of Shares. Holder shall be deemed to be a party to the Investor Rights’ Agreement solely for the purpose of the above-mentioned registration rights.

Appears in 4 contracts

Samples: 2U, Inc., 2U, Inc., 2U, Inc.

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