Common use of Piggyback Registration of Common Stock Clause in Contracts

Piggyback Registration of Common Stock. In the event that the Company at any time subsequent to the date any Common Stock is issued to the Investor hereunder proposes to file a registration statement (other than a registration statement on a Form S-8 of Form S-14, or forms similar thereto in effect at the time of such filing) under the Securities Act of 1933 (as then in effect or any similar statute then in effect), in connection with a proposed public offering of securities, the Company agrees to immediately notify the Investor in writing, at least thirty (30) days prior to such proposed filing date of such registration statement. Within 30 days following delivery of such notice, the Investor may request that the Company include in such contemplated registration statement any shares of Common Stock owned (or to be owned on such date pursuant to an anticipated conversion) by the Investor pursuant to this Stock Subscription and Conversion Agreement. Upon receipt of such notice, the Company will cause the shares of Common Stock made the subject of such request to be covered by the Company. The Company will pay all expenses reasonably incurred by it and the Investor (including the Investor's attorney's fees, commissions and fees of underwriters or brokers with respect to the shares of the stock to be registered and sold by the Investor) in connection with the registration statement and any post-effective amendment thereto and in connection with qualifying the securities covered by the registration statement under the Blue Sky or other state securities' laws. The Investor shall furnish the Company and the Company shall furnish the Investor such documents, including selling notices and opinions of counsel, as are typically and reasonable requested and delivered by an issuer and selling shareholder in a "piggyback" registration transaction of the type outlined above. The Investor and the Company, respectively, agree to provide such documentation and information on a timely basis to permit the registration statement covering the common shares of stock owned by the Investor to become effective on a prompt and orderly basis.

Piggyback Registration of Common Stock. In the event that the Company at any time subsequent to the date any the Common Stock is issued to the Investor hereunder proposes to file a registration statement (other than a registration statement on a Form S-8 of Form S-14, or forms similar thereto in effect at the time of such filing) under the Securities Act of 1933 (as then in effect or any similar statute then in effect), in connection with a proposed public offering of securities, the Company agrees to immediately notify the Investor in writing, at least thirty (30) days prior to such proposed filing date of such registration statement. Within 30 days following delivery of such notice, the Investor may request that the Company include in such contemplated registration statement any shares of Common Stock owned (or to be owned on such date pursuant to an anticipated conversion) by the Investor pursuant to this Stock Subscription and Conversion Agreement. Upon receipt of such notice, the Company will cause the shares of Common Stock made the subject of such request to be covered by the Company. The Company will pay all expenses reasonably reasonable incurred by it and the Investor (including the Investor's attorney's fees, commissions and fees of underwriters or brokers with respect to the shares of the stock to be registered and sold by the Investor) in connection with the registration statement and any post-effective amendment thereto and in connection with qualifying the securities covered by the registration statement under the Blue Sky or other state securities' laws. The Investor shall furnish the Company and the Company shall furnish the Investor Investor, such documents, including selling notices and opinions of counsel, as are typically and reasonable requested and delivered by an issuer and selling shareholder in a "piggybackpiggy-back" registration transaction of the type outlined above. The Investor and the Company, respectively, agree to provide such documentation and information on a timely basis to permit the registration statement covering the common shares of stock owned by the Investor to become effective on a prompt and orderly basis.

Piggyback Registration of Common Stock. In the event that the Company at any time subsequent to the date any Common Stock is issued to the Investor hereunder proposes to file a registration statement (other than a registration statement on a Form S-8 of Form S-14, or forms similar thereto in effect at the time of such filing) under the Securities Act of 1933 (as then in effect or any similar statute then in effect), in connection with a proposed public offering of securities, the Company agrees to immediately notify the Investor in writing, at least thirty (30) days prior to such proposed filing date of such registration statement. Within 30 days following delivery of such notice, the Investor may request that the Company include in such contemplated registration statement any shares of Common Stock owned (or to be owned on such date pursuant to an anticipated conversion) by the Investor pursuant to this Stock Subscription and Conversion Agreement. Upon receipt of such notice, the Company will cause the shares of Common Stock to be made the subject of such request to be covered by the Company. The Company will pay all expenses reasonably incurred by it and the Investor (including the Investor's attorney's fees, commissions and fees of underwriters or brokers with respect to the shares of the stock to be registered and sold by the Investor) in connection with the registration statement and any post-effective amendment thereto and in connection with qualifying the securities covered by the registration statement under the Blue Sky or other state securities' laws. The Investor shall furnish the Company and the Company shall furnish the Investor such documents, including selling notices and opinions of counsel, as are typically and reasonable requested and delivered by an issuer and selling shareholder in a "piggyback" registration transaction of the type outlined above. The Investor and the Company, respectively, agree to provide such documentation and information on a timely basis to permit the registration statement covering the common shares of stock owned by the Investor to become effective on a prompt and orderly basis.