Common use of Registration of Underlying Securities Clause in Contracts

Registration of Underlying Securities. The Company shall include the underlying securities in the registration contemplated by Section 4.8 of the Recapitalization Agreement in an amount equal to 130% of the number of shares of Common Stock necessary to permit the conversion in full of the Notes and warrants (without regard to any limitations on beneficial ownership contained therein). Such registration statement also shall cover, to the extent allowable under the 1933 Act and the Rules promulgated thereunder (including Rule 416), such indeterminate number of additional shares of Common Stock resulting from stock splits, stock dividends or similar transactions with respect to the underlying securities.

Appears in 4 contracts

Samples: Convertible Note Agreement (WES Consulting, Inc.), Convertible Note Agreement (WES Consulting, Inc.), Convertible Note Agreement (WES Consulting, Inc.)

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