Common use of Registration of Option Shares Clause in Contracts

Registration of Option Shares. All shares of common stock issuable upon exercise of options under the 1997 Plan, including the shares that will be issuable upon exercise of all New Options, have been registered under the Securities Act of 1933 on Registration Statements on Form S-8 filed with the SEC. Unless you are considered an "affiliate" of ours, you will be able to sell XXX shares you acquire by exercising your New Option free of any transfer restrictions under applicable United States securities laws.

Registration of Option Shares. All shares of Class A common stock issuable upon exercise of options under the 1997 Planoption plans, including the shares that will be issuable upon exercise of all New Optionsnew options, have been registered under the Securities Act of 1933 on Registration Statements a registration statement on Form S-8 filed with the SEC. Unless you are considered an "affiliate" of oursCasella, you will be able to sell XXX your option shares you acquire by exercising your New Option free of any transfer restrictions under applicable United States securities laws.