Common use of Registration and Other Rights Clause in Contracts

Registration and Other Rights. (a) In the event that the Corporation files a registration statement with the Securities and Exchange Commission covering the sale of its shares of Common Stock (other than a registration statement on Form S-4, S-8 or similar form), then the Holder shall have the right to require the Corporation to register the resale of the Warrant Shares on such registration statement, provided that if such registration is underwritten, the inclusion of such shares shall be subject to cutback at the discretion of the managing underwriter and provided further that the inclusion of Warrant Shares on any registration statement shall be subject and subordinated to the registration rights of any other holders of the Corporation’s securities. In the event that the Holder requests the registration of less than all of the Warrant Shares represented hereby, prior to any such registration, the Holder shall request that the Company issue in exchange therefore new warrants representing the Warrant Shares in such denominations as the Holder shall request; provided, however, that no such certificate representing any Warrant Shares being registered shall also represent Warrant Shares not being registered.

Registration and Other Rights. (a) In the event that the Corporation files a registration statement with the Securities and Exchange Commission covering the sale of its shares of Common Stock (other than a registration statement on Form S-4, S-8 or similar form), then the Holder shall have the right to require the Corporation to register the resale of the Warrant Shares on such registration statement, provided that if such registration is underwritten, the inclusion of such shares shall be subject to cutback at the discretion of the managing underwriter and provided further that the inclusion of Warrant Shares on any registration statement shall be subject and subordinated to the registration rights of any other holders of the CorporationCorproation’s securities. In the event that the Holder requests the registration of less than all of the Warrant Shares represented hereby, prior to any such registration, the Holder shall request that the Company issue in exchange therefore new warrants representing the Warrant Shares in such denominations as the Holder shall request; provided, however, that no such certificate representing any Warrant Shares being registered shall also represent Warrant Shares not being registered.