Common use of Termination of Covenants Clause in Contracts

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7through 5.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, Act or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and Subsection 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon immediately before a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections Sections 5.6 and 5.7, shall terminate and be of no further force or effect upon the earliest to occur of (i) immediately before but subject to the consummation of the IPO, an IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and Subsection 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of IncorporationRestated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Sections 5.4 through 5.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of IncorporationCertificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7, through 5.10 shall terminate and be of no further force or effect (i) immediately before the consummation of the Qualified IPO, as such term is defined in the Company’s Certificate of Incorporation, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections Sections 5.6 and 5.75.8, shall terminate and be of no further force or effect upon the earliest to occur of (i) immediately before but subject to the consummation of the IPO, an IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 Sections 5.9 and 5.75.11, shall terminate and be of no further force or effect (i) immediately before but subject to the consummation of the IPOa QPO or, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 Section 5.6, Section 5.8 and 5.7, Section 5.9 shall terminate and be of no further force or effect (ia) immediately before the consummation of the IPO, IPO or (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Subsection 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of IncorporationRestated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 5.7, 5.8 and 5.75.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 5.6, 5.7 and 5.75.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Amended and Restated Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 Subsection 5.7 and 5.7Subsection 5.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of IncorporationRestated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Section 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, Act or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Section 5.5, shall terminate and be of no further force or effect (i) immediately before prior to the consummation of the sale of shares of Common Stock in the Company’s IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section Sections 12(g) or 15(d) of the Exchange Act, ; or (iii) upon a Deemed Liquidation Event, as such term is defined in Sale of the Certificate of IncorporationCompany, whichever event occurs firstshall first occur.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 5.4, 5.5 and 5.75.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, Event (as such term is defined in Article FOURTH, Sections C.2.3.1(a) and (b) of the Certificate of Incorporation) provided that pursuant to such Deemed Liquidation Event the Investors receive only cash or liquid securities, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7, 5 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Liquidity Event, as such term is defined in the Certificate of IncorporationRestated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Subsection 5.4, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 5.7, 5.9 and 5.75.10, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in Section 2.1 and this Section 5, except for Subsections 5.6 and 5.7, shall terminate and be of no further force or effect (ia) immediately before the consummation of the IPO, (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Certificate of IncorporationCompany’s Certificate, or (d) upon a Stock Sale, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 Section 5.6, Section 5.9 and 5.7Section 5.10, shall terminate and be of no further force or effect (i) immediately before the consummation of the a Qualified IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section section 12(g) or 15(d) of the Exchange Act, Act or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and Subsection 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Section 5.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs firstRestated Certificate.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 5.5 and 5.75.6, shall terminate and be of no further force or effect upon the earliest to occur of: (i) immediately before the consummation of the IPO, ; (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, ; or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs firstRestated Certificate.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Section 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7, 5.8, 5.9 and 5.10 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Subsection 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and Section 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, Act or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Subsection 5.2, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(b), 12(g) or 15(d) of the Exchange Act following the date on which the Company deregisters or is otherwise no longer subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 Subsection 5.7 and 5.75.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 5.6, 5.8 and 5.75.9, shall automatically terminate and be upon the earlier of no further force or effect (ia) immediately before the consummation of a Qualified IPO; and (b) the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements consummation of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, Event (as such term is defined in the Certificate of Incorporation, whichever event occurs first).

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Section 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the a Qualified IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Stock Sale, or (iv) upon a Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 Sections 5.8 and 5.75.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.5, 5.6 and 5.7, shall terminate and be of no further force or effect effect: (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Subsection 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, Act or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Subsection 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, a Qualified IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Sections 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of IncorporationCompany’s Restated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections Sections 5.6 and 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 5.8, 5.9 and 5.75.10, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Section 5.4, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections Subsection 5.6 and Subsection 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon immediately before a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and this Subsection 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Amended and Restated Certificate of Incorporation, as may be amended or restated from time to time, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7, through 5.10 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Section 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section section 12(g) or 15(d) of the Exchange Act, Act or (iii) upon a Deemed Liquidation Event, Event as such term is defined in the Certificate of IncorporationRestated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Subsection 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, or (iv) immediately before the consummation of a Direct Listing, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.5, 5.6 and 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of IncorporationRestated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 5.6, 5.7 and 5.75.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon the closing of a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Subsection 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.76, shall terminate and be of no further force or effect upon (ia) immediately before the consummation of the IPO, IPO or (iib) when the Company first becomes becoming subject to the periodic reporting requirements of Section Sections 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs firstshall first occur.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7, shall terminate and be of no further force or effect (ia) immediately before the consummation of the IPO, (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 Subsection 5.5 and 5.7Subsection 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 5.5, 5.6, 5.7, 5.8 and 5.75.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7, 5 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, ; (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.of

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 5.6, 5.7 and 5.75.8, shall terminate and be of no further force or effect (ia) immediately before the consummation of the IPO, (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and Sections 5.6, 5.7, 5.8, 5.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 Subsection 5.5 and 5.7Subsection 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of IncorporationRestated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections Subsection 5.6 and 5.7Subsection 5.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections Sections 5.5, 5.6 and 5.75.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in or (iv) upon the Certificate consummation of Incorporationa Qualified SPAC Transaction, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Section 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Section 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, (iv) immediately before the consummation of the Qualified Form 10 Transaction, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 5.7 and 5.75.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of IncorporationRestated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Subsection 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of IncorporationRestated Articles, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.75.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of IncorporationIncorporation (as may be amended from time to time), whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 5.66, 5.77, 5.88, and 5.75.99, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon the closing of a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 Subsection 5.7 and 5.7Subsection 5.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon immediately before a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Section 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and Section 5.7, shall terminate and be of no further farther force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon the closing of a Deemed Liquidation Event, Event or Sale Transaction (as such term is defined in the Certificate of Incorporation, whichever event occurs firstRestated LLC Agreement.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7, 5 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (iiIPO,(ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Section 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate Charter, or (iv) upon the closing of Incorporationa Stock Sale, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 Sections 5.6, 5.8 and 5.75.10, shall terminate and be of no further force or effect upon the earliest to occur of (i) immediately before but subject to the consummation of the IPO, a QPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections Sections 5.6 and 5.75.8, shall terminate and be of no further force or effect upon the earliest to occur of (i) immediately before but subject to the consummation of the IPOa QPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange ActAct with its Common Stock listed on the NYSE or NASDAQ, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7, 5 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, or (ii) when the Company first becomes subject to the periodic reporting requirements of Section section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first; provided that the reimbursement obligations set forth in Sections 5.2 and 5.3 shall survive.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Section 5.5, shall terminate and be of no further force or effect upon the earliest of (ia) immediately before prior to the consummation of the IPOIPO or a SPAC Transaction, (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or and (iiic) upon the closing of a Deemed Liquidation Event, as such term is defined Event where proceeds are distributed in accordance with Section 2.1 and 2.2 of Article (IV)(C) of the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and Subsection 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) IPO or when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 Sections 5.5, 5.6, and 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections Sections 5.6 and 5.75.8, shall terminate and be of no further force or effect upon the earliest to occur of (i) immediately before but subject to the consummation of the an IPO, ; (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, ; or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 55 (other than Sections 5.6, except for Subsections 5.6 5.7 and 5.7, 5.10) shall terminate and be of no further force or effect (i) immediately before the consummation of the IPOIPO that results in the conversion of all outstanding Preferred Stock to Common Stock, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or and (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Section 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, as amended, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections Sections 5.6 and 5.7, shall terminate and be of no further force or effect (ia) immediately before the consummation of the IPO, in which all of the Preferred Stock is converted into Common Stock, (iib) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiic) upon a Deemed Liquidation Event, as such term is defined in the Certificate of IncorporationRestated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Section 5.6, shall terminate and be of no further force or effect (i) immediately before but subject to the consummation of the IPOa Qualified Public Offering, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, Event (as such term is defined in the Certificate of IncorporationRestated Certificate) pursuant to which the Investors receive cash and/or marketable securities, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 7 (other than Section 7.6 and 5.7, this Section 7.11) shall terminate and be of no further force or effect upon (ia) immediately before the consummation of the Qualified IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iiib) upon the consummation of a Deemed Liquidation Event, as such term is defined in the Certificate of IncorporationCompany’s Articles, whichever event occurs firstshall first occur.

Termination of Covenants. (a) The covenants set forth in this Sections 2.1 through Section 5, except for Subsections 5.6 and 5.7, 2.5 shall terminate as to each Holder and be of no further force or effect (i) immediately before prior to the consummation of the a Qualified IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) Sections 13 or 15(d) of the Exchange Act, or (iii) upon the consummation of a Deemed Liquidation Event, Transaction (as such term is defined in the Certificate Restated Certificate) or (iv) upon termination of Incorporationthe Agreement, whichever event occurs firstas provided in Section 3.1.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 Sections 5.7 and 5.75.8, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 Section 5.5 and Section 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of IncorporationCertificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, 5 (except for Subsections 5.6 and 5.7, Subsection 5.15) shall terminate on, and be of no further force or effect at such time as the Company (i) immediately before consummates the consummation initial public offering of the IPO, Company or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) provisions of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Subsection 5.5, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of IncorporationTrue Sale, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections Section 5.6 and 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 Sections 5.5, 5.6, 5.7 and 5.7, 5.8 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections Subsection 5.6 and 5.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 56, except for Subsections 5.6 Subsection 6.4, 6.5, 6.6 and 5.76.7, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a distribution of the proceeds of a Deemed Liquidation Event, as such term is defined in the Certificate of IncorporationRestated Certificate, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections Sections 5.6 and 5.75.8, shall terminate and be of no further force or effect (i) immediately before but subject to the consummation of the an IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation EventSale of the Company, as such term is defined in the Certificate of IncorporationStockholders Agreement, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7, 5 shall terminate and be of no further force or effect upon the earliest of (ia) immediately before the consummation of the IPO, Company’s IPO (iias defined in the Charter) when in which the Investors convert their shares of Series B Preferred Stock of the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) into Common Stock of the Exchange Act, Company or (iiib) upon a Deemed Liquidation Event, as such term is currently defined in the Certificate of IncorporationCompany’s Charter (excluding from such definition, whichever event occurs firsthowever, an Asset Sale).

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 5.5 and 5.75.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7, 5 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPOearliest to occur of (A) the IPO or (B) a SPAC Transaction, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.or

Termination of Covenants. The covenants set forth in this Section 54, except for Subsections 5.6 4.5, 4.7 and 5.7, 4.8 shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.. Table of Contents

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Section 5.3, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, IPO or (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation EventLiquidation, as such term is defined in the Company’s Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.7Subsection 5.6, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPOa Qualified Public Offering, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act or the outstanding capital stock of the Company is exchanged for shares that are registered under the Exchange Act, or (iiiii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.

Termination of Covenants. The covenants set forth in this Section 5, except for Subsections 5.6 and 5.75.6, through 5.9, shall terminate and be of no further force or effect (i) immediately before the consummation of the IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Certificate of Incorporation, whichever event occurs first.