Permitted Assignees. Subject to Section 2.10(b), the right to cause the Company to register Registrable Securities pursuant to this Article II may be assigned (but only with all related obligations) by a Holder only to one of the following Persons (“Permitted Transferees”): (i) a partner, retired partner, or affiliated partner of any Holder that is a partnership; (ii) a member of any Holder that is a limited liability company; (iii) a subsidiary or affiliate of any Holder; (iv) an immediate family member of an individual Holder, or a trust for the benefit of such Holder or immediate family member; or (v) a Person who, after such assignment or transfer, holds at least 50% of the outstanding Registrable Securities, subject to appropriate adjustment for stock splits, reverse stock splits and similar transactions.
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Samples: Investors’ Rights Agreement (Bavp Vii Lp), Investors’ Rights Agreement (Miramar Venture Partners, LP), Investors' Rights Agreement (Investor Ab)
Permitted Assignees. Subject to Section 2.10(b), the right to cause the Company to register Registrable Securities pursuant to this Article II may be assigned (but only with all related obligations) by a Holder only to one of the following Persons (“"Permitted Transferees”"):
(i) a partner, retired partner, or affiliated partner of any Holder that is a partnership;
(ii) a member of any Holder that is a limited liability company;
(iii) a subsidiary or affiliate of any Holder;
(iv) an immediate family member of an individual Holder, or a trust for the benefit of such Holder or immediate family member; or
(v) a Person who, after such assignment or transfer, holds at least 50% of the outstanding Registrable Securities, subject to appropriate adjustment for stock splits, reverse stock splits and similar transactions.
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