Common use of Public Offerings Clause in Contracts

Public Offerings. In the event of a public offering, Xxxxx will have the right of first refusal to act as lead or co-underwriter. Xxxxx will work with the Company to manage the process of identifying, evaluating and selecting any other underwriters. Xxxxx will prepare a comprehensive letter of intent for the proposed transaction that will be provided to Recom and will supplement the terms of this Agreement. If Xxxxx is not selected as the lead manager in a public offering, Xxxxx will use its best efforts to ensure that Xxxxx receives at least 50% of the share allocation and 50% of the total underwriting fees.

Public Offerings. In the event of a public offering, Xxxxx will have the right of first refusal to act as lead or co-underwriter. Xxxxx will work with the Company to manage the process of identifying, evaluating and selecting any other underwriters. Xxxxx will prepare a comprehensive letter of intent for the proposed transaction that will be provided to Recom Intasys and will supplement the terms of this Agreement. If Xxxxx is not selected as the lead manager in a public offering, Xxxxx Intasys will use its best efforts to ensure that Xxxxx receives at least 50% of the share allocation and 50% of the total underwriting fees.