Common use of Certain Limitations in Connection with Future Grants of Registration Rights Clause in Contracts

Certain Limitations in Connection with Future Grants of Registration Rights. (a) From and after the date of this Agreement, except with respect to the agreements with Future Holders which are permitted under the Purchase Agreement, the Company shall not enter into any agreement with any holder or prospective holder of any of its Common Stock providing for the granting to such holder of demand registration rights unless such agreement includes provisions to the effect that (i) the Company will give each Holder notice at least thirty (30) days prior to the filing of a registration statement pursuant to the exercise of such rights and (ii) if any Holder requests inclusion of Registrable Securities in such registration statement within thirty (30) days after receipt of such notice, then such Holder's Registrable Securities requested to be so included will be given priority over the securities sought to be registered by the holders of such demand registration rights if marketing factors require a limitation on the number of securities to be included in such registration statement.

Certain Limitations in Connection with Future Grants of Registration Rights. (a) From and after the date of this Agreement, except with respect to the agreements with Future Holders which are permitted under the Purchase Agreement, the Company shall not enter into any agreement with any holder or prospective holder of any of its Common Stock providing for the granting to such holder of demand registration rights unless such agreement includes provisions to the effect that (i) the Company will give each Holder notice at least thirty (30) days prior to the filing of a registration statement pursuant to the exercise of such rights and (ii) if any Holder requests inclusion of Registrable Securities in such registration statement within thirty (30) days after receipt of such notice, then such Holder's Registrable Securities requested to be so included will be given priority over on a pari passu basis in proportion to the securities sought each selling securityholder requests to be registered by the holders of such demand registration rights if marketing factors require a limitation on the number of securities to be included in such registration statement.