Common use of Termination of Information and Observer Rights Clause in Contracts

Termination of Information and Observer Rights. The covenants set forth in Sections 3.1, 3.2 and 3.3 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, (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 that, in the case of SoftBank, results in SoftBank receiving solely cash, publicly traded securities or some combination thereof in connection with such Deemed Liquidation Event.

Termination of Information and Observer Rights. The covenants set forth in Sections Subsection 3.1, Subsection 3.2 and Subsection 3.3 shall terminate and be of no further force or effect upon the earliest to occur of (i) immediately before, but subject to, 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 thatEvent, as such term is defined in the Certificate of Incorporation, in which the case consideration received by the Investors is in the form of SoftBankcash and/or freely-tradeable marketable securities, results in SoftBank receiving solely cash, publicly traded securities or some combination thereof in connection with such Deemed Liquidation Eventwhichever event occurs first.

Termination of Information and Observer Rights. The covenants set forth in Sections Subsection 3.1, Subsection 3.2 and Subsection 3.3 shall terminate and be of no further force or effect upon the earliest to occur of (i) immediately before, but subject to, 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 thatEvent, as such term is defined in the case Company’s Certificate of SoftBankIncorporation, results pursuant to which the Investors receive proceeds solely in SoftBank receiving solely cashthe form of cash and/or marketable securities, publicly traded securities or some combination thereof in connection with such Deemed Liquidation Eventwhichever event occurs first.

Termination of Information and Observer Rights. The covenants set forth in Sections Subsection 3.1, Subsection 3.2 and Subsection 3.3 shall terminate and be of no further force or effect upon the earliest to occur of (i) immediately before, but subject to, 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 thatEvent, as such term is defined in the Restated Certificate, in which the case consideration received by the Investors is in the form of SoftBankcash and/or freely-tradeable marketable securities, results in SoftBank receiving solely cash, publicly traded securities or some combination thereof in connection with such Deemed Liquidation Eventwhichever event occurs first.

Termination of Information and Observer Rights. The covenants set forth in Sections Subsection 3.1, Subsection 3.2 and Subsection 3.3 shall terminate and be of no further force or effect upon the earliest to occur of (i) immediately before, but subject to, before the consummation of a Qualified Public Offering, as such term is defined in the IPORestated Certificate, (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 thatEvent, as such term is defined in the Restated Certificate, in which the case consideration received by the Investors is in the form of SoftBankcash and/or marketable securities, results in SoftBank receiving solely cash, publicly traded securities or some combination thereof in connection with such Deemed Liquidation Eventwhichever event occurs first.

Termination of Information and Observer Rights. The covenants set forth in Sections Subsections 3.1, 3.2 and 3.3 shall terminate and be of no further force or effect upon the earliest to occur of (ia) immediately before, but subject to, 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 the closing of a Deemed Liquidation Event thatEvent, as such term is defined in the Certificate of Incorporation, in which the case of SoftBank, results in SoftBank receiving solely Major Investors receive cash, publicly traded securities or some any combination thereof in connection with such Deemed Liquidation Eventexchange for the Company securities then held by the Major Investors, whichever event occurs first.

Termination of Information and Observer Rights. The covenants set forth in Sections Subsection 3.1, Subsection 3.2 and 3.3 Subsection 3.3, shall terminate and be of no further force or effect upon the earliest to occur of (i) immediately before, but subject to, 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 thatEvent, as such term is defined in the case Certificate of SoftBankIncorporation in which the consideration received by Investors consists only of cash and/or marketable securities, results in SoftBank receiving solely cash, publicly traded securities or some combination thereof in connection with such Deemed Liquidation Eventwhichever event occurs first.