Common use of Registration; Restrictions on Sale upon Public Offering Clause in Contracts

Registration; Restrictions on Sale upon Public Offering. In respect of any Shares purchased upon exercise of all or any of the Options, the Grantee shall be entitled to the rights and subject to the obligations created under the Registration and Participation Agreement, dated as of November 30, 1993 as the same may be amended, modified or supplemented from time to time (the "Registration and Participation Agreement"), among Holding and certain stockholders of Holding, to the extent set forth therein. The Grantee agrees that, in the event that Holding files a registration statement under the Securities Act with respect to a Public Offering of any shares of its capital stock, the Grantee will not effect any public sale or distribution of any shares of the Common Stock (other than as part of such Public Offering) during the 20 days prior to and the 180 days after the effective date of such registration statement.

Registration; Restrictions on Sale upon Public Offering. In respect of any Shares purchased upon exercise of all or any portion of the OptionsOption, the Grantee shall be entitled to the rights and subject to the obligations created under the Registration and Participation Agreement, dated as of November 30March 27, 1993 as the same may be amended, modified or supplemented from time to time (the "Registration and Participation Agreement")1991, among Holding the Company and certain stockholders of Holdingthe Company, to the extent set forth therein. The Grantee agrees that, in the event that Holding the Company files a registration statement under the Securities Act with respect to a Public Offering an underwritten public offering of any shares of its capital stock, the Grantee grantee will not effect any public sale or distribution of any shares of the Common Stock (other than as part of such Public Offeringunderwritten public offering) during the 20 days prior to and the 180 days after the effective date of such registration statement.

Registration; Restrictions on Sale upon Public Offering. In respect of ------------------------------------------------------- any Shares purchased upon exercise of all or any of the Options, the Grantee shall be entitled to the rights and subject to the obligations created under the Registration and Participation Agreement, dated as of November 30, 1993 as the same may be amended, modified or supplemented from time to time (the "Registration and Participation Agreement"), among Holding and certain stockholders of Holding, to the extent set forth therein. The Grantee agrees that, in the event that Holding files a registration statement under the Securities Act with respect to a Public Offering of any shares of its capital stock, the Grantee will not effect any public sale or distribution of any shares of the Common Stock (other than as part of such Public Offering) during the 20 days prior to and the 180 days after the effective date of such registration statement.