Common use of Rights of Covered Securityholders Clause in Contracts

Rights of Covered Securityholders. During the period the Covered Securities are held by the H&Q Representative, such shares of Common Stock and Warrants shall be issued and outstanding shares and warrants of the Company for all corporate purposes, and, except as otherwise provided in this Agreement, the holders of such shares of Common Stock and Warrants shall have all the rights of other shareholders of the Company's Common Stock and holders of the Company's Warrants with respect to such securities, including the right to notice of, and to vote at, meetings, and the right to receive the dividends declared by the Board of Directors of the Company with respect to such shares of Common Stock held by the H&Q Representative. Cash dividends, income and proceeds on or from the Covered Securities shall not be included in the Covered Securities held by the H&Q Representative and, accordingly, shall be directly paid by the Company to the holders of Common Stock or Warrants of record, rather than through the H&Q Representative.

Rights of Covered Securityholders. During the period the Covered Securities are held by the H&Q Representative, such shares of Common Stock and Warrants shall be issued and outstanding shares and warrants of the Company for all corporate purposes, and, except as otherwise provided in this Agreement, the holders of such shares of Common Stock and Warrants shall have all the rights of other shareholders of the Company's ’s Common Stock and holders of the Company's ’s Warrants with respect to such securities, including the right to notice of, and to vote at, meetings, and the right to receive the dividends declared by the Board of Directors of the Company with respect to such shares of Common Stock held by the H&Q Representative. Cash dividends, income and proceeds on or from the Covered Securities shall not be included in the Covered Securities held by the H&Q Representative and, accordingly, shall be directly paid by the Company to the holders of Common Stock or Warrants of record, rather than through the H&Q Representative.