Common use of Opt-Out Process Clause in Contracts

Opt-Out Process. Any Holder may at any time by written notice to the Company opt out of receiving any notices of a Demand Registration, Piggyback Registration or other notice or communication under this ARTICLE II and after delivering such notice, any such Holder shall not have the right to request a Demand Registration or Piggyback Registration, and the Company shall not provide any notices of future Demand Registrations or Piggyback Registrations thereof; provided that such Holder shall still be subject to Section 2.4 (Transfer Restrictions) and any other obligations under this ARTICLE II. Any opted-out Holder may at any time provide written notice to the Company or the Company that it desires to cancel such opt-out at which time such Holder will have all the same rights and receive the same notices as any other Holder that has not opted out.

Opt-Out Process. Any Holder Shareholder may at any time by written notice to the Company opt out of receiving any notices of a Demand Registration, Piggyback Registration or other notice or communication under this ARTICLE II III and after delivering such notice, any such Holder Shareholder shall not have the right to request a Demand Registration or Piggyback Registration, and the Company shall not provide any notices of future Demand Registrations or Piggyback Registrations thereof; provided that such Holder Shareholder shall still be subject to Section 2.4 3.4 (Transfer Restrictions) and any other obligations under this ARTICLE IIIII. Any opted-out Holder Shareholder may at any time provide written notice to the Company or the Company that it desires to cancel such opt-out at which time such Holder Shareholder will have all the same rights and receive the same notices as any other Holder Shareholder that has not opted out.