Common use of Right to Piggyback Registration Clause in Contracts

Right to Piggyback Registration. Whenever the Company proposes to register any of its Common Stock (or securities convertible into or exchangeable or exercisable for Common Stock) under the Securities Act of 1933, as amended (the "Securities Act") for its own account or the account of any stockholder of the Company (other than offerings pursuant to employee benefit plans, or noncash offerings in connection with a proposed acquisition, exchange offer, recapitalization or similar transaction) (a "Piggyback Registration"), the Company will give written notice as promptly as practicable to the Executive and to all other holders of Common Stock having similar registration rights, of its intention to effect such a registration and shall include in such registration all Registrable Shares with respect to which the Company has received written request for inclusion therein within 15 days after receipt of the Company's notice. Capitalized terms used but not defined in this Exhibit A shall have the meanings ascribed to such terms in Section 1.11.

Appears in 4 contracts

Samples: Employment Agreement (Net2phone Inc), Employment Agreement (Net2phone Inc), Employment Agreement (Net2phone Inc)

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Right to Piggyback Registration. Whenever the Company proposes to register any of its Common Stock (or securities convertible into or exchangeable or exercisable for Common Stock) under the Securities Act of 1933, as amended (the "Securities Act") for its own account or the account of any stockholder of the Company (other than offerings pursuant to employee benefit plans, or noncash offerings in connection with a proposed acquisition, exchange offer, recapitalization or similar transaction) (a "Piggyback Registration"), the Company will give written notice as promptly as practicable to the Executive and to all other holders of Common Stock having similar registration rights, of its intention to effect such a registration and shall include in such registration all Registrable Shares with respect to which the Company has received written request for inclusion therein and which have not been reduced pursuant to Section 1.1(b) or 1.1(c) below within 15 days after receipt of the Company's notice. Capitalized terms used but not defined in this Exhibit A shall have the meanings ascribed to such terms in Section 1.11.

Appears in 1 contract

Samples: Employment Agreement (Net2phone Inc)

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