Common use of Registration of Stock Clause in Contracts

Registration of Stock. The Company agrees that, to the extent allowed by the SEC, it will register the Stock in the IPO. If the Company is not able to register the Stock in the IPO, the Company agrees that, upon request by the Investor, it will effect registration of the Stock in accordance with the provisions contained in Exhibit A attached hereto. If the Company is not able to register the Stock in the IPO, the Investor understands and agrees that (i) the Stock will be characterized as "restricted securities" under the federal securities laws inasmuch as it is being acquired from the Company in a transaction not involving a public offering and that under such laws and applicable regulations such securities may be resold without registration under the Securities Act only in certain limited circumstances, and (ii) each certificate representing the Stock and any other securities issued in respect of the Stock upon any stock split, stock dividend, recapitalization, merger or similar event (unless no longer required in the opinion of counsel for the Company) shall be stamped or otherwise imprinted with appropriate legends mandated by federal and state securities laws.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Broadcom Corp), Stock Purchase Agreement (High Speed Access Corp), Stock Purchase Agreement (High Speed Access Corp)

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