Common use of Grant of Registration Rights Clause in Contracts

Grant of Registration Rights. On the Mandatory Redemption Date, the Company shall enter into a Registration Rights Agreement in the form attached hereto as Exhibit I with any Holder who, as a result of the receipt of shares of Common Stock as part of the Mandatory Redemption Price, determines in good faith that it is an “affiliate” of the Company as such term is defined in Rule 144 under the Securities Act.