Common use of Restrictions on Public Sale by Holder of Registrable Securities Clause in Contracts

Restrictions on Public Sale by Holder of Registrable Securities. (i) In connection with any underwritten public offering of equity securities by the Company or any Holder of Registrable Securities effected pursuant to this Registration Rights Agreement, each Holder of Registrable Securities agrees not to effect any public sale or distribution of securities similar to those being registered or of any securities convertible into or exchangeable or exercisable for such securities or hedging transactions relating to the Registrable Securities, including a sale pursuant to Rule 144 under the Securities Act, during the period beginning five days prior to the expected date of “pricing” of such offering and continuing for a period not to exceed 60 days from the date of such final prospectus (or prospectus supplement if the offering is made pursuant to a shelf registration statement) as shall be reasonably requested by the managing Underwriter(s) except as part of such registration (the “Lock-Up Period”). If and to the extent requested by the managing Underwriter(s), each Holder of Registrable Securities subject to the restrictions of this Section 4(a)(i) agrees to execute an agreement to the foregoing effect with the Underwriters for such offering on such terms as the managing Underwriter(s) shall reasonably request (with such modification as reasonably requested by such managing Underwriter(s) to take into consideration then existing rules of an applicable securities exchange regarding research analyst publications). Notwithstanding the foregoing, in no event shall any Holder of Registrable Securities be restricted from effecting any 81072182v.2 0026183/00012 public sale or distribution of securities pursuant to this Section 4(a)(i) for more than 120 days during any 12-month period.

Restrictions on Public Sale by Holder of Registrable Securities. (i) In connection with any underwritten public offering of equity securities by the Company or any Holder Each holder of Registrable Securities effected whose Registrable Securities are covered by a Registration Statement filed pursuant to this Registration Rights AgreementSection 3 hereof agrees, each Holder of Registrable Securities agrees if requested by the managing underwriters in an underwritten offering, not to effect any public sale or distribution of securities similar to those being registered or of any the Registrants of the same class as the securities convertible into or exchangeable or exercisable for included in such securities or hedging transactions relating to the Registrable SecuritiesRegistration Statement, including a sale pursuant to Rule 144 under the Securities Act, during the period beginning five days prior to the expected date of “pricing” of such offering and continuing for a period not to exceed 60 days from the date of such final prospectus Act (or prospectus supplement if the offering is made pursuant to a shelf registration statement) as shall be reasonably requested by the managing Underwriter(s) except as part of such registration (underwritten registration), during the “Lock30-Up Period”). If day period prior to, and during the 90-day period beginning on, the closing date of each underwritten offering made pursuant to such Registration Statement, to the extent requested timely notified in writing by the Registrants or the managing Underwriter(s)underwriters; provided, however, that each Holder holder of Registrable Securities shall be subject to the hold-back restrictions of this Section 4(a)(i5(a) agrees only once during any 365-day period. The foregoing provisions shall not apply to execute an agreement to the foregoing effect with the Underwriters for such offering on such terms as the managing Underwriter(s) shall reasonably request (with such modification as reasonably requested by such managing Underwriter(s) to take into consideration then existing rules of an applicable securities exchange regarding research analyst publications). Notwithstanding the foregoing, in no event shall any Holder holder of Registrable Securities be restricted if such holder is prevented by applicable statute or regulation from effecting entering any 81072182v.2 0026183/00012 such agreement; provided, however, that any such holder shall undertake, in its request to participate in any such underwritten offering, not to effect any public sale or distribution of securities pursuant any Registrable Securities held by such holder and covered by a Registration Statement commencing on the date of sale of the Registrable Securities unless it has provided 45 days prior written notice of such sale or distribution to this Section 4(a)(i) for more than 120 days during any 12-month periodthe underwriter or underwriters.

Restrictions on Public Sale by Holder of Registrable Securities. (i) In connection with any underwritten public offering of equity securities by the Company or any Holder of Registrable Securities effected pursuant to this Registration Rights Agreement, each Holder of Registrable Securities agrees not to effect any public sale or distribution of securities similar to those being registered or of any securities convertible into or exchangeable or exercisable for such securities or hedging transactions relating to the Registrable Securities, including a sale pursuant to Rule 144 under the Securities Act, during the period beginning five days prior to the expected date of “pricing” of such offering and continuing for a period not to exceed 60 days from the date of such final prospectus (or prospectus supplement if the offering is made pursuant to a shelf registration statement) as shall be reasonably requested by the managing Underwriter(s) except as part of such registration (the “Lock-Up Period”). If and to the extent requested by the managing Underwriter(s), each Holder of Registrable Securities subject to the restrictions of this Section 4(a)(i) agrees to execute an agreement to the foregoing effect with the Underwriters for such offering on such terms as the managing Underwriter(s) shall reasonably request (with such modification as reasonably requested by such managing Underwriter(s) to take into consideration then existing rules of an applicable securities exchange regarding research analyst publications). Notwithstanding the foregoing, in no event shall any Holder of Registrable Securities be restricted from effecting any 81072182v.2 0026183/00012 public sale or distribution of securities pursuant to this Section 4(a)(i) for more than 120 days during any 12-month period.analyst

Restrictions on Public Sale by Holder of Registrable Securities. (i) In connection with any underwritten public offering of equity securities by the Company or any Holder of Registrable Securities effected pursuant to this Registration Rights Agreement, each Holder of Registrable Securities agrees not to effect any public sale or distribution of securities similar to those being registered or of any securities convertible into or exchangeable or exercisable for such securities or hedging transactions relating to the Registrable Securities, including a sale pursuant to Rule 144 under the Securities Act, during the period beginning five days prior to the expected date of “pricing” of such offering and continuing for a period not to exceed 60 180 days from the date of such final prospectus (or prospectus supplement if the offering is made pursuant to a shelf “shelf” registration statement) as shall be reasonably requested by the managing Underwriter(s) except as part of such registration (the “Lock-Up Period”). If and to the extent requested by the managing Underwriter(s), each Holder of Registrable Securities subject to the restrictions of this Section 4(a)(i4(a) agrees to execute an agreement to the foregoing effect with the Underwriters for such offering on such terms as the managing Underwriter(s) shall reasonably request (with such modification as reasonably requested by such managing Underwriter(s) to take into consideration then existing rules of an applicable securities exchange regarding research analyst publications). Notwithstanding the foregoing, in no event shall any Holder of Registrable Securities be restricted from effecting any 81072182v.2 0026183/00012 public sale or distribution of securities pursuant to this Section 4(a)(i4(a) for more than 120 days during any 12-month period.