Common use of Priority on Primary Piggyback Registrations Clause in Contracts

Priority on Primary Piggyback Registrations. If a Piggyback Registration is initiated as a primary underwritten offering on behalf of the Company, and the managing underwriters advise the Company that in their opinion the number of Shares (including any Registrable Shares) proposed to be included in such Piggyback Registration exceeds the Maximum Offering Size, the Company shall include in such Piggyback Registration:

Priority on Primary Piggyback Registrations. If a Piggyback Registration is initiated as a primary underwritten offering on behalf of the Company, Company and the managing underwriters advise the Company and any Investors (if such Investors have elected to include Registrable Shares in such Piggyback Registration) that in their opinion the number of Shares (including any Registrable Shares) proposed to be included in such Piggyback Registration offering exceeds the Maximum Offering Size, the Company shall include number of Shares (of any class) which can be sold in such Piggyback Registration:offering without adverse effect on the price, timing or distribution of the Shares to 7

Priority on Primary Piggyback Registrations. If a Piggyback Registration is initiated as a an underwritten primary underwritten offering registration on behalf of the Company, Company and the managing underwriters advise the Company in writing that in their opinion the number of Shares (including any Registrable Shares) proposed securities requested to be included in such Piggyback Registration registration exceeds the Maximum Offering Sizenumber of securities that can be sold within a price range acceptable to the Company, then the Company shall include in such Piggyback Registrationregistration only that number of securities which in the opinion of such underwriters can be sold in such offering without adversely affecting the marketability of the offering within such price range, with priority for inclusion to be determined as follows:

Priority on Primary Piggyback Registrations. If a Piggyback Registration is initiated as a primary underwritten offering on behalf of the Company, Company and the managing underwriters advise the Company and the Investor (if the Investor has elected to include Registrable Securities in such Piggyback Registration) that in their opinion the number of Company Shares (including any Registrable Shares) proposed to be included in such Piggyback Registration offering exceeds the Maximum Offering Sizenumber of Company Shares (of any class) which can be sold in such offering without having an Adverse Effect, the Company shall include in such Piggyback Registration:registration and offering