Common use of Filing of Reports Under the Exchange Act Clause in Contracts

Filing of Reports Under the Exchange Act. The Company shall give prompt notice to the Holders of (a) the filing of any registration statement (an "Exchange Act Registration Statement") pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange Act"), relating to any class of equity securities of the Company, and (b) the effectiveness of such Exchange Act Registration Statement and the number of shares of such class of equity securities outstanding as reported in such Exchange Act Registration Statement, in order to enable the Holders to comply with any reporting requirements under the Exchange Act or the Securities Act. The Company shall, at any time after the Company shall register any shares of Common Stock under the Securities Act and upon the written request of the Holders, file an Exchange Act Registration Statement relating to any class of equity securities of the Company then held by the Holders or issuable upon conversion or exercise of any class of debt or equity securities or warrants or options of the Company then held by the Holders, whether or not the class of equity securities with respect to which such request is made shall be held by at least the number of persons which would require the filing of a registration statement under Section 12(g) of the Exchange Act.

Filing of Reports Under the Exchange Act. The Company shall give prompt notice to the Holders of (a) the filing of any registration statement (an "Exchange Act Registration Statement") pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Statement relating to any class of equity securities of the Company, and (b) the effectiveness of such Exchange Act Registration Statement and the number of shares of such class of equity securities outstanding as reported in such Exchange Act Registration Statement, in order to enable the Holders to comply with any reporting requirements under the Exchange Act or the Securities Act. The Company shall, at any time after the Company shall register any shares of Common Stock under the Securities Act and upon the written request of the Holders, file an Exchange Act Registration Statement relating to any class of equity securities of the Company then held by the Holders or issuable upon conversion or exercise of any class of debt or equity securities or warrants or options of the Company then held by the Holders, whether or not the class of equity securities with respect to which such request is made shall be held by at least the number of persons which would require the filing of a registration statement under Section 12(g12(g)(1) of the Exchange Act.