Common use of Termination of Information and Inspection Covenants Clause in Contracts

Termination of Information and Inspection Covenants. and ------------------------------------------------------- Additional Rights. The covenants and rights set forth in Sections 4.1, 4.2, 4.4 ----------------- and 4.6 shall terminate as to the Holders and Investors and be of no further force or effect immediately upon the consummation of an IPO, or when the Company first becomes subject to the reporting requirements of Section 12, 13 or 15(d) of the 1934 Act, whichever event shall first occur.

Termination of Information and Inspection Covenants. and ------------------------------------------------------- Additional Rights. The --------------------------------------------------- covenants and rights set forth in Sections 4.1, 4.2, 4.4 ----------------- 11.1 and 4.6 11.2 shall terminate as to the Holders and Investors each Holder and be of no further force or effect immediately upon the earliest of (a) the consummation of an IPO, ; (b) at such time as the Holder fails to own the Requisite Minimum Shares; or (c) when the Company first becomes subject to the periodic reporting requirements of Section 12, 13 or 12(g) and 15(d) of the 1934 Exchange Act, whichever event shall first occur.