Common use of Rule 144 and Rule 144A Clause in Contracts

Rule 144 and Rule 144A. At such time as the Company becomes subject to the reporting requirements of the Exchange Act, the Company shall file the reports required to be filed by it under the Securities Act and the Exchange Act and the rules and regulations adopted by the Commission thereunder, and will take all actions reasonably necessary to enable holders of Registrable Securities to sell such securities without registration under the Securities Act within the limitation of the provisions of (a) Rule 144 under the Securities Act, as such Rule may be amended from time to time, (b) Rule 144A under the Securities Act, as such Rule may be amended from time to time, if applicable or (c) any similar rules or regulations hereafter adopted by the Commission. Upon the request of any holder of Registrable Securities, the Company will deliver to such holder a written statement as to whether it has complied with such requirements.

Rule 144 and Rule 144A. At such time as the Company Corporation becomes subject to the reporting requirements of the Exchange 1934 Act, the Company shall Corporation will file the reports required to be filed by it under the Securities Act and the Exchange 1934 Act and the rules and regulations adopted by the Commission thereunder, and will use its best efforts to take all actions reasonably necessary to enable holders such further action as any Holder of Registrable Securities may reasonably deem to be necessary, all to the extent required from time to time to enable such Holder to sell such securities Registrable Securities without registration under the Securities Act within the limitation of the provisions of exemptions provided by (ai) Rule 144 and Rule 144A under the Securities Act, as such Rule may be amended from time to time, (b) Rule 144A under the Securities Act, as such Rule may be amended from time to time, if applicable or (cii) any similar rules rule or regulations regulation hereafter adopted by the Commission. Upon the request of any holder Holder of Registrable Securities, the Company Corporation will deliver to such holder Holder a written statement as to whether it has complied with such information and requirements.

Rule 144 and Rule 144A. At such time as the Company Corporation becomes subject to the reporting requirements of the Exchange Act, the Company Corporation shall file the reports required to be filed by it under the Securities Act and the Exchange Act and the rules and regulations adopted by the Commission thereunder, and will take all actions reasonably necessary to enable holders of Registrable Securities to sell such securities without registration under the Securities Act within the limitation of the provisions of (a) Rule 144 under the Securities Act, as such Rule may be amended from time to time, (b) Rule 144A under the Securities Act, as such Rule may be amended from time to time, if applicable or (c) any similar rules or regulations hereafter adopted by the Commission. Upon the request of any holder of Registrable Securities, the Company Corporation will deliver to such holder a written statement as to whether it has complied with such requirements.

Rule 144 and Rule 144A. At such time as the Company becomes subject ---------------------- to the reporting requirements of the Exchange Act, the Company shall file the reports required to be filed by it under the Securities Act and the Exchange Act and the rules and regulations adopted by the Commission thereunder, and will take all actions reasonably necessary to enable holders of Registrable Securities to sell such securities without registration under the Securities Act within the limitation of the provisions of (a) Rule 144 under the Securities Act, as such Rule may be amended from time to time, (b) Rule 144A under the Securities Act, as such Rule may be amended from time to time, if applicable or (c) any similar rules or regulations hereafter adopted by the Commission. Upon the request of any holder of Registrable Securities, the Company will deliver to such holder a written statement as to whether it has complied with such requirements.