Common use of Authorization of Registration Rights Agreement Clause in Contracts

Authorization of Registration Rights Agreement. RESOLVED, that the Company be, and hereby is, authorized to enter into, and perform its obligations under, a registration rights agreement (the “Registration Rights Agreement”), between the Company and Aspire, the form of which has previously been provided to the Board, pursuant to which the Company shall grant the Aspire certain registration rights with respect to the Securities issuable to Aspire pursuant to the Purchase Agreement; and RESOLVED FURTHER, that the Authorized Officers, be, and each of them hereby is, authorized, empowered and directed to further negotiate, fix and approve the terms of the Registration Rights Agreement and to execute and deliver the Registration Rights Agreement in the name and on behalf of the Company, in such form or with such changes therein, additions thereto or omissions therefrom as such Authorized Officers or any of them may approve, the execution and delivery of the Registration Rights Agreement by any such officer to be conclusive evidence of such approval.