Common use of Future Rights Clause in Contracts

Future Rights. The Company shall not, after the date hereof, grant any registration rights to any Person, except registration rights which are subordinate to the rights of the Series A Preferred Stock and Series B Preferred Stock, without the consent of the holders of two-thirds of the Registrable Shares then outstanding.

Appears in 3 contracts

Samples: Registration Rights Agreement, Registration Rights Agreement (Carbylan Therapeutics, Inc.), Registration Rights Agreement (Carbylan Therapeutics, Inc.)

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Future Rights. The Company shall not, after the date hereof, grant any registration rights to any Person, except registration rights which are subordinate to the rights of the Series A Preferred Stock and Series B Preferred Stock, Person without the consent of the holders of at least two-thirds of the Registrable Shares then outstanding, voting separately as a class, unless such registration rights are subordinate in all respects to the Series A Investors’ registration rights.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Kite Pharma, Inc.)

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Future Rights. The Company shall not, after the date hereof, grant any registration rights to any Person, except registration rights which are subordinate to the rights of the Series A Preferred Stock and Series B Preferred Stock, Person without the consent of the holders of at least two-thirds of the Registrable Shares then outstanding, voting separately as a class, unless such registration rights are subordinate in all respects to the Company Investors’ registration rights.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Kite Pharma, Inc.)

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