Waiver and Termination of Certain Rights. (a) Effective at the Conversion Time, XxXxxxxx hereby irrevocably waives all rights that he may have pursuant to any shares of preferred stock of the Company, and any agreement with the Company relating thereto, including any securities purchase agreement, registration rights agreement, shareholders agreement or otherwise, whether or not such agreement is referenced herein, to acquire any Equity Interest in the Company, other than as is to be issued to XxXxxxxx hereunder. Without limitation of the generality of the foregoing, effective at the Conversion Time, XxXxxxxx hereby irrevocably waives all of his preemptive rights, participation rights, rights of co-sale or first refusal, registration rights, or any other similar rights that XxXxxxxx may have pursuant to any Preferred Shares, or any such agreements, which rights (if any) shall, at such time, hereby be forever terminated.
Waiver and Termination of Certain Rights a. Effective at the Conversion Time, SIBL and XxXxxxxx each hereby irrevocably waives all rights that it or he may have pursuant to any shares of preferred stock of the Company, and any agreement with the Company relating thereto, including any securities purchase agreement, registration rights agreement, shareholders agreement or otherwise, whether or not such agreement is referenced herein, to acquire any equity interest in the Company, other than as is to be issued to SIBL or XxXxxxxx, as the case may be, hereunder. Without limitation of the generality of the foregoing, effective at the Conversion Time, SIBL and XxXxxxxx each hereby irrevocably waives all of its preemptive rights, participation rights, rights of co-sale or first refusal, registration rights, or any other similar rights that SIBL or XxXxxxxx, as the case may be, may have pursuant to any Preferred Shares or XxXxxxxx Shares, as the case may be, or such agreements, which rights (if any) shall, at such time, hereby be forever terminated.
Waiver and Termination of Certain Rights. (a) SIBL hereby irrevocably waives all rights that it may have pursuant to any shares of preferred stock of the Company, and any agreement with the Company relating thereto, including any securities purchase agreement, registration rights agreement, shareholders agreement or otherwise, whether or not such agreement is referenced herein, to acquire any Equity Interest in the Company, other than as is to be issued to SIBL hereunder. Without limitation of the generality of the foregoing, SIBL hereby irrevocably waives all of its preemptive rights, participation rights, rights of co-sale or first refusal, registration rights, or any other similar rights that SIBL may have pursuant to any Preferred Shares or any such agreements, which rights (if any) shall, at such time, hereby be forever terminated (for avoidance of doubt, the forgoing waiver shall not apply to any Related Agreement, including the Registration Rights Agreement being entered into in connection with the Transactions).
Waiver and Termination of Certain Rights
