Common use of Termination of Certain Rights Clause in Contracts

Termination of Certain Rights. The Company's obligations under ----------------------------- this Section 2 will terminate upon the closing of the Company's initial public offering of Common Stock pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission (the "SEC") under the Securities Act of 1933, as amended (the "Securities Act") with a sales price per share of Common Stock (as adjusted for combinations, stock dividends, subdivisions or split-ups) of at least $18.645 and aggregate gross proceeds to the Company of at least $15,000,000 (the "Company's Initial Public Registration").

Termination of Certain Rights. The Company's obligations under ----------------------------- this Section 2 2.1 and 2.2 herein will terminate upon the closing of the Company's initial public offering of Common Stock pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission (the "SEC") under the Securities Act of 1933, as amended (the "Securities ActSECURITIES ACT") with a sales price per share of Common Stock (as adjusted for combinations, stock dividends, subdivisions or split-ups) of at least $18.645 9.75 and aggregate gross proceeds to the Company of at least $15,000,000 20,000,000 (the "Company's Initial Public RegistrationCOMPANY'S INITIAL PUBLIC REGISTRATION").

Termination of Certain Rights. The Company's obligations under ----------------------------- this Section 2 Section 2.1 and 2.2 herein will terminate upon the closing of the Company's initial public offering of Common Stock pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission (the "SEC") under the Securities Act of 1933, as amended (the "Securities Act") with a sales price per share of Common Stock (as adjusted for combinations, stock dividends, subdivisions or split-ups) of at least $18.645 2.625 and aggregate gross proceeds to the Company of at least $15,000,000 5,000,000 (the "Company's Initial Public Registration").