Common use of Registration of Underlying Stock Clause in Contracts

Registration of Underlying Stock. The Company hereby agrees to use its best efforts to cause the registration under the Securities Act of 1933, as amended, on Form S-8 or other appropriate form (the "Registration Statement"), the Common Stock underlying the Exercisable Portion of the Option ("Claimant's Underlying Stock") as soon as possible after the date hereof. Claimant agrees to provide all such information as may be necessary to assist the Company in such efforts. The parties agree that if the Registration Statement has not become effective by February 15, 1999, except by reason of Claimant's failure to comply with the previous sentence, then this Agreement shall become null and void and of no further force or effect. The Company agrees that it will handle the exercise by Claimant of the Exercisable Portion of the Option in substantially the same respect as it handles the exercise of stock options by other holders of stock options of the Company.

Appears in 10 contracts

Samples: Option Settlement Agreement (Internet America Inc), Option Settlement Agreement (Internet America Inc), Option Settlement Agreement (Internet America Inc)

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