Common use of Limitations on Subsequent Registration Clause in Contracts

Limitations on Subsequent Registration. Without the prior written consent of Shareholders holding at least 51% of the Shares held by all Shareholders, the Company shall not enter into any agreement with any holder or prospective holder of any securities of the Company (a) that would allow such holder or prospective holder to include such securities in any registration filed pursuant to Section 5.01 or 5.02 hereof, unless under the terms of such agreement, such holder or prospective holder may include such securities in any such registration only to the extent that the inclusion of such securities would not reduce the amount of the Registrable Securities of the Shareholders included therein or (b) on terms otherwise more favorable than this Agreement.