Common use of Registration Under Securities Act of 1933 Clause in Contracts

Registration Under Securities Act of 1933. (a) The Company agrees that if, at any time during the period commencing on November ___,1996 and ending on November ____,2001, (i) the Holder and/or the Holders of any other Warrants and/or Warrant Shares who or which shall hold, collectively, not less than 50% of the Warrants and/or Warrant Shares outstanding at such time and not previously sold pursuant to this Section 5 shall request that the Company file a registration statement under the Securities Act of 1933, as amended (the "Act"), covering not less than 50% of the Warrant Shares issued or issuable upon the exercise of the Warrants, and not so previously sold, the Company will (i) promptly notify each Holder of the Warrants and each holder of Warrant Shares not so previously sold that such registration statement will be filed and that the Warrant Shares which are then held, and/or may be acquired upon exercise of the Warrants by the Holder and such Holders, will be included in such registration statement at the Holder's and such Holders' request, (ii) cause such registration statement to cover all Warrant Shares which it has been so requested to include, (iii) use its best efforts to cause such registration statement to become effective as soon as practicable and (iv) take all other action necessary under any federal or state law or regulation of any governmental authority to permit all Warrant Shares which it has been so requested to include in such registration statement to be sold or otherwise disposed of, and will maintain such compliance with each such federal and state law and regulation of any governmental authority for the period necessary for such Holders to effect the proposed sale or other disposition. [The Company shall be required to effect a registration or qualification pursuant to this Section 5(a) on one occasion only.]

Registration Under Securities Act of 1933. (a) The Company agrees that if, at any times and from time to time during the period commencing on November ___,1996 and ending on November ____,2001September 8, (i) 2002 the Holder and/or the Holders holders of any other Warrants and/or Warrant Shares who or which shall hold, collectively, hold not less than 50% of the Warrants and/or Warrant Shares outstanding at such time and not previously sold pursuant to this Section 5 shall 5, request that the Company file a registration statement under the Securities Act of 1933, as amended 1933 (the "Act"), ) covering not less than 50% all or any of the Warrant Shares issued or issuable upon the exercise of the Warrants, and not so previously soldShares, the Company will (i) promptly notify each the Holder and all other registered holders, if any, of the other Warrants and each holder of and/or Warrant Shares not so previously sold that such registration statement will be filed and that the Warrant Shares which are then held, and/or which may be acquired upon the exercise of the Warrants Warrants, by the Holder and such Holders, holders will be included in such registration statement at the Holder's and such Holders' request, holder's request (ii) cause such registration statement to cover all Warrant Shares which it has been so requested to include, (iii) use its best efforts to cause such registration statement to become effective as soon as practicable and to remain effective and current and (iv) take all other action necessary under any federal or state law or regulation of any governmental authority to permit all Warrant Shares which it has been so requested to include in such registration statement to be sold or otherwise disposed of, of and will maintain such compliance with each such federal and state law and regulation of any governmental authority for the period of necessary for the Holder and such Holders holders to effect the proposed sale or other disposition. [The Company shall be required to effect a registration or qualification pursuant to this Section 5(a) on one occasion only.]

Registration Under Securities Act of 1933. (a) The Company agrees that if, at any time and from time to time during the period commencing on November ___,1996 and ending on November ____,2001the Expiration Date, (i) the Holder and/or the Holders holders of any other Warrants and/or Warrant Shares who or which shall hold, collectively, hold not less than 50% of the Warrants and/or Warrant Shares outstanding at such time and not previously sold issued by the Company pursuant to this Section 5 shall 5, request that the Company file a registration statement under the Securities Act of 1933, as amended 1933 (the "Act"), ) covering all or any of the Warrant Shares (provided however the registration statement covers not less than 50% of the all Warrant Shares issued or issuable upon by the exercise of the Warrants, and not so previously soldCompany pursuant to this Section 5), the Company will (i) promptly notify each the Holder and all other registered holders, if any, of the other Warrants and each holder of and/or Warrant Shares not so previously sold that such registration statement will be filed and that the Warrant Shares which are then held, and/or which may be acquired upon the exercise of the Warrants Warrants, by the Holder and such Holders, holders will be included in such registration statement at the Holder's and such Holdersholders' request, (ii) cause such registration statement to cover all Warrant Shares which it has been so requested to include, (iii) use its best efforts to cause such registration statement to become effective as soon as practicable and to remain effective and current and (iv) take all other action necessary under any federal or state law or regulation of any governmental authority to permit all Warrant Shares which it has been so requested to include in such registration statement to be sold or otherwise disposed of, of and will maintain such compliance with each such federal and state law and regulation of any governmental authority for the period necessary for the Holder and such Holders holders to effect the proposed sale or other disposition. [The Company shall be required to effect a registration or qualification pursuant to this Section 5(a) on one occasion only.]

Registration Under Securities Act of 1933. (a) The Company agrees that if, at any time during the six year period commencing on November ___,1996 and ending on November ____,2001, (i) one year after the Holder and/or the Holders closing date of any other Warrants and/or Warrant Shares who or which shall hold, collectively, not less than 50% an initial public offering of the Warrants and/or Warrant Shares outstanding at such time and not previously sold pursuant to this Section 5 shall request that Company's securities (the Company file a registration statement "IPO") registered under the Securities Act of 1933, as amended (the "Act"), the Holder and/or the Holders of any other Warrants, Warrant Shares and/or Conversion Shares, which have not previously been registered under the Act, shall request that the Company file, a registration statement under the Act covering not less than 50% of the Warrant Shares issued or issuable upon the exercise of the Warrants, and not so previously soldConversion Shares, the Company will (i) promptly notify each Holder of the Warrants and each holder of Warrants, Warrant Shares and Conversion Shares not so previously sold pursuant to this Section 5, that such registration statement will be filed and that the Warrant Conversion Shares which are then held, and/or may be acquired upon exercise of the Warrants and conversion of the Warrant Shares by the Holder and such Holders, holders will be included in such registration statement registrament at the Holder's and such Holdersholders' request, (ii) cause such registration statement to cover all Warrant of such Conversion Shares which it has been so requested to include, (iii) use its best efforts to cause such registration statement to become effective as soon as practicable and (iv) take all other action necessary under any federal Federal or state law or regulation of any governmental authority to permit all Warrant such Conversion Shares which it has been so requested to include in such registration statement to be sold or otherwise disposed of, and will maintain such compliance with each such federal and state law and regulation of any governmental authority for the period necessary for such Holders to effect the proposed sale or other disposition. [The Company shall be required to effect a registration or qualification pursuant to this Section 5(a) on one occasion only.]otherwise

Registration Under Securities Act of 1933. (a) The Company agrees that if, ; at any time and from time to time during the period commencing on November ___,1996 June 30, 1999 and ending on November ____,2001June 5, (i) 2003, the Holder and/or the Holders Board of any other Warrants and/or Warrant Shares who or which shall hold, collectively, not less than 50% Directors of the Warrants and/or Warrant Shares outstanding at such time and not previously sold pursuant to this Section 5 Company shall request that authorize the Company file filing of a registration statement or a post-effective amendment to a registration statement (any such registration statement being hereinafter called a "Subsequent Registration Statement") under the Securities Act other than a registration statement on Form S-8 or other form which does not include substantially the same information as would be required in a form for the general registration of 1933, as amended (securities) in connection with the "Act"), covering not less than 50% proposed offer of the Warrant Shares issued any of its securities by it or issuable upon the exercise any of the Warrants, and not so previously soldits shareholders, the Company will (i) promptly notify the Holder and each Holder of the Holders, if any, of other Warrants and each holder of and/or Warrant Shares not so previously sold that such registration statement Subsequent Registration Statement will be filed and that the Warrant Shares which are then held, and/or which may be acquired upon the exercise of the Warrants Warrants, by the Holder and such Holders, will be included in such registration statement will, at the Holder's and such Holders' request, be included in such Subsequent Registration Statement, (ii) cause include in the securities covered by such registration statement to cover Subsequent Registration Statement all Warrant Shares which it has been so requested to include, (iii) use its best efforts to cause such registration statement Subsequent Registration Statement to become effective as soon as practicable and (iv) take all other action necessary under any federal Federal or state law or regulation of any governmental authority to permit all Warrant Shares which it has been so requested to include in such registration statement Subsequent Registration Statement or to be sold or otherwise disposed of, and will maintain such compliance with each such federal Federal and state law and regulation of any governmental authority for the period necessary for the Holder and such Holders to effect the proposed sale or other disposition. [The Company Provided however, that the Holders shall be required entitled to effect a only one registration or qualification pursuant to under this Section section 5(a) on one occasion only).]

Registration Under Securities Act of 1933. (a) The Company agrees that if, at any times and from time to time during the period commencing on November ___,1996 and ending on November ____,2001March 7, (i) 2005 the Holder and/or the Holders holders of any other Warrants and/or Warrant Shares who or which shall hold, collectively, hold not less than 50% of the Warrants and/or Warrant Shares outstanding at such time and not previously sold pursuant to this Section 5 shall 5, request that the Company file a registration statement under the Securities Act of 1933, as amended 1933 (the "Act"), ) covering not less than 50% all or any of the Warrant Shares issued or issuable upon the exercise of the Warrants, and not so previously soldShares, the Company will (i) promptly notify each the Holder and all other registered holders, if any, of the other Warrants and each holder of and/or Warrant Shares not so previously sold that such registration statement will be filed and that the Warrant Shares which are then held, and/or which may be acquired upon the exercise of the Warrants Warrants, by the Holder and such Holders, holders will be included in such registration statement at the Holder's and such Holders' request, holder's request (ii) cause such registration statement to cover all Warrant Shares which it has been so requested to include, (iii) use its best efforts to cause such registration statement to become effective as soon as practicable and to remain effective and current and (iv) take all other action necessary under any federal or state law or regulation of any governmental authority to permit all Warrant Shares which it has been so requested to include in such registration statement to be sold or otherwise disposed of, of and will maintain such compliance with each such federal and state law and regulation of any governmental authority for the period of necessary for the Holder and such Holders holders to effect the proposed sale or other disposition. [The Company shall be required to effect a registration or qualification pursuant to this Section 5(a) on one occasion only.]

Registration Under Securities Act of 1933. (a) The Company agrees that if, at any time during the period commencing on November ___,1996 and ending on November ______,20011997 and ending on _________,2002, (i) the Holder and/or the Holders of any other Warrants and/or Warrant Shares who or which shall hold, collectively, not less than 50% of the Warrants and/or Warrant Shares outstanding at such time and not previously sold pursuant to this Section 5 shall request that the Company file a registration statement under the Securities Act of 1933, as amended (the "Act"), covering not less than 50% of the Warrant Shares issued or issuable upon the exercise of the Warrants, and not so previously sold, the Company will (i) promptly notify each Holder of the Warrants and each holder of Warrant Shares not so previously sold that such registration statement will be filed and that the Warrant Shares which are then held, and/or may be acquired upon exercise of the Warrants by the Holder and such Holders, will be included in such registration statement at the Holder's and such Holders' request, (ii) cause such registration statement to cover all Warrant Shares which it has been so requested to include, (iii) use its best efforts to cause such registration statement to become effective as soon as practicable and (iv) take all other action necessary under any federal or state law or regulation of any governmental authority to permit all Warrant Shares which it has been so requested to include in such registration statement to be sold or otherwise disposed of, and will maintain such compliance with each such federal and state law and regulation of any governmental authority for the period necessary for such Holders to effect the proposed sale or other disposition. [The Company shall be required to effect a registration or qualification pursuant to this Section 5(a) on one occasion only.]

Registration Under Securities Act of 1933. (a) The Company agrees that if, at any time during the period commencing on November May ___,1996 1997 and ending on November May ____,20012002, (i) the Holder and/or the Holders of any other Warrants and/or Warrant Shares who or which shall hold, collectively, not less than 50% of the Warrants and/or Warrant Shares outstanding at such time and not previously sold pursuant to this Section 5 shall request that the Company file a registration statement under the Securities Act of 1933, as amended (the "Act"), covering not less than 50% of the Warrant Shares issued or issuable upon the exercise of the Warrants, and not so previously sold, the Company will (i) promptly notify each Holder of the Warrants and each holder of Warrant Shares not so previously sold that such registration statement will be filed and that the Warrant Shares which are then held, and/or may be acquired upon exercise of the Warrants by the Holder and such Holders, will be included in such registration statement at the Holder's and such Holders' request, (ii) cause such registration statement to cover all Warrant Shares which it has been so requested to include, (iii) use its best efforts to cause such registration statement to become effective as soon as practicable and (iv) take all other action necessary under any federal or state law or regulation of any governmental authority to permit all Warrant Shares which it has been so requested to include in such registration statement to be sold or otherwise disposed of, and will maintain such compliance with each such federal and state law and regulation of any governmental authority for the period necessary for such Holders to effect the proposed sale or other disposition. [The Company shall be required to effect a registration or qualification pursuant to this Section 5(a) on one occasion only.]