Common use of Reduction of Offering Clause in Contracts

Reduction of Offering. Subject to the registration rights set forth in the Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares to be included in the Registration Statement pursuant to this Section 2.2.2, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securities, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securities, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the piggy-back registration rights set forth in Section 5.2 of the Unit Purchase OptionOptions, which rights in no way shall be limited by the Maximum Number of Shares to be included in the Registration Statement registration statement pursuant to this Section 2.2.2, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to Xxxxxxx or its designees in connection with the Registration Statement pursuant to this Section 2.2.2Company’s IPO, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to EarlyBirdCapital, Inc. or its designees in connection with the Registration Statement pursuant to this Section 2.2.2Company's initial public offering in _________ 2005, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to EarlyBirdCapital, Inc. or its designees in connection with the Registration Statement pursuant to this Section 2.2.2Company's initial public offering in _________ 2004, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to Xxxxxxx or its designees in connection with the Registration Statement pursuant to this Section 2.2.2Company’s IPO, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises advise the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in the Purchase Option, which rights rights, shall in no way shall be limited by the Maximum Number of Shares to be included in the Registration Statement pursuant to this Section 2.2.2, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities Ordinary Shares which the Company desires to sell, taken together with shares of Common Stock or other securitiesOrdinary Shares, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesOrdinary Shares, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to EarlyBirdCapital, Inc. or its designees in connection with the Registration Statement pursuant to this Section 2.2.2Company's initial public offering in ________ 2004, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to I-Bankers Securities, Inc. or its designees in connection with the Registration Statement pursuant to this Section 2.2.2Company’s Initial Public Offering, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in the Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares to be included in the Registration Statement pursuant to this Section 2.2.2, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to Xxxxxxx or its designees in connection with the Registration Statement pursuant to this Section 2.2.2Company's IPO, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in the Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares to be included in the Registration Statement pursuant to this Section 2.2.2, if If (x) the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities Ordinary Shares which the Company desires to sell, taken together with shares of Common Stock or other securitiesOrdinary Shares, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesOrdinary Shares, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, or (y) the Staff of the Commission does not permit all of the Registrable Securities requested by the Holders, taken together with all other Ordinary Shares or other securities which the Company desires to sell and the Ordinary Shares, if any, as to which registration has been requested pursuant to written contractual piggy-back registration rights held by other shareholders of the Company who desire to sell, to be included in the Registration Statement filed for the Piggy-Back Registration, then the Company shall include in any such registration:

Reduction of Offering. Subject to the Section 5.2 of those certain UPOs relating to "Piggy-Back" registration rights set forth in the Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares with respect to such UPOs to be included issued to EarlyBirdCapital, Inc. or its designees in connection with the Registration Statement pursuant to this Section 2.2.2Company's initial public offering in _________ 2005, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the piggy-back registration rights set forth in the Unit Purchase OptionOptions, which rights in no way shall be limited by the Maximum Number of Shares to be included in the Registration Statement pursuant to this Section 2.2.2, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securities, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securities, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders securityholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the piggy-back registration rights set forth in the Purchase OptionUnit Purchased Options, which rights in no way shall be limited by the Maximum Number of Shares Securities to be included in the Registration Statement pursuant to this Section 2.2.2, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securities, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securities, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders of the Company, exceeds the Maximum Number of SharesSecurities, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to I-Bankers Securities Incorporated and or their designees in connection with the Registration Statement pursuant to this Section 2.2.2Company’s initial public offering in , 2000 , if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities Ordinary Shares which the Company desires to sell, taken together with shares of Common Stock or other securitiesOrdinary Shares, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesOrdinary Shares, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to I-Bankers Securities Incorporated and or their designees in connection with the Registration Statement pursuant to this Section 2.2.2Company’s initial public offering in , 2006 , if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities Ordinary Shares which the Company desires to sell, taken together with shares of Common Stock or other securitiesOrdinary Shares, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesOrdinary Shares, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to Newbridge Securities Corporation and I-Bankers Securities Incorporated or their designees in connection with the Registration Statement pursuant to this Section 2.2.2Company's initial public offering in July 2004, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to Newbridge Securities Corporation and I-Bankers Securities Incorporated or their designees in connection with the Registration Statement pursuant to this Section 2.2.2Company’s initial public offering in 2004, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the piggy-back registration rights set forth in the Unit Purchase OptionOptions and the F3 Securities, which rights in no way shall be limited by the Maximum Number of Shares to be included in the Registration Statement pursuant to this Section 2.2.2, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securities, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securities, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders securityholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the piggy-back registration rights set forth in the Unit Purchase OptionOptions, which rights in no way shall be limited by the Maximum Number of Shares Securities to be included in the Registration Statement pursuant to this Section 2.2.2, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securities, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securities, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders of the Company, exceeds the Maximum Number of SharesSecurities, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to EarlyBirdCapital, Inc. or its designees in connection with the Registration Statement pursuant to this Section 2.2.2Company’s initial public offering in April 2005, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to The Shemano Group, Inc. or its designees in connection with the Registration Statement pursuant to this Section 2.2.2Company's initial public offering in _________ 2005, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the piggy-back registration rights set forth in the Unit Purchase OptionOptions, which rights in no way shall be limited by the Maximum Number of Shares [TBD] to be included in the Registration Statement pursuant to this Section 2.2.2, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securities, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securities, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders securityholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to I-Bankers Securities Incorporated and Newbridge Securities Corporation or their designees in connection with the Registration Statement pursuant to this Section 2.2.2Company's initial public offering in February 2005, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to I-Bankers Securities Incorporated and Newbridge Securities Corporation or their designees in connection with the Registration Statement pursuant to this Section 2.2.2Company's initial public offering in 2004, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in the Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Registration Amount to be included in the Registration Statement pursuant to this Section 2.2.2, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securities, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securities, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders securityholders of the Company, exceeds the Maximum Number of SharesRegistration Amount, then the Company shall include in any such registration:

Reduction of Offering. Subject to the piggy-back registration rights set forth in the Unit Purchase OptionOptions, which rights in no way shall be limited by the Maximum Number of Shares to be included in the Registration Statement pursuant to this Section 2.2.2, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration:

Reduction of Offering. Subject to the registration rights set forth in of the holders of securities issued or issuable upon exercise of those certain Unit Purchase Option, which rights in no way shall be limited by the Maximum Number of Shares Options to be included issued to Xxxxxx Xxxxx Securities, Inc. or its designees in connection with the Registration Statement pursuant to this Section 2.2.2Company's Initial Public Offering, if the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an underwritten offering advises the Company and the holders of Registrable Securities in writing that the dollar amount or number of shares of Common Stock or other securities which the Company desires to sell, taken together with shares of Common Stock or other securitiesStock, if any, as to which registration has been demanded pursuant to written contractual arrangements with persons other than the holders of Registrable Securities hereunder, the Registrable Securities as to which registration has been requested under this Section 2.2, and the shares of Common Stock or other securitiesStock, if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other stockholders shareholders of the Company, exceeds the Maximum Number of Shares, then the Company shall include in any such registration: