Common use of Termination of Rights Clause in Contracts

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.5, 1.6 and 1.7 shall terminate with respect to such Holder on the fifth year anniversary of the effective date of the Company's Initial Public Offering.

Appears in 4 contracts

Samples: Investor Rights Agreement (Lightspan Partnership Inc), Investors' Rights Agreement (Varsitybooks Com Inc), Investors' Rights Agreement (Varsitybooks Com Inc)

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Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.5, 1.6 1 and 1.7 2 shall terminate with respect to such Holder on the earlier of the fifth year anniversary of the effective date of this Agreement, or at such time as Rule 144 or another similar exemption under the Company's Initial Public OfferingSecurities Act of 1933 is available for the sale of all such Holders securities during a three (3)-month period without registration.

Appears in 4 contracts

Samples: Registration Rights Agreement (Aequitas Capital Management Inc.), Registration Rights Agreement (Aequitas Capital Management Inc.), Registration Rights Agreement (Aequitas Capital Management Inc.)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.51.3, 1.6 1.4 and 1.7 1.5 shall terminate with respect to such Holder on upon the fifth year anniversary earlier of (i) three (3) years following the effective date consummation of the Company's Initial Public Offering’s IPO, or (ii) when such Holder can sell all of its Registrable Securities within a three (3) month period pursuant to Rule 144.

Appears in 3 contracts

Samples: Investor Rights Agreement, Investor Rights Agreement (Inspire Medical Systems, Inc.), Investor Rights Agreement (Inspire Medical Systems, Inc.)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.5, 1.6 and 1.7 shall terminate with respect to such Holder on the earlier of (a) the fifth year anniversary of the effective date of the Company's Initial Public OfferingOffering or (b) such time as Rule 144 or another similar exemption under the Securities Act is available for the sale of all such Holder's securities during a three (3)-month period without registration or (c) the seventh anniversary of the date of this Agreement.

Appears in 2 contracts

Samples: Investor Rights Agreement (Infospace Com Inc), Investor Rights Agreement (Imagex Com Inc)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.51.3, 1.6 1.4, and 1.7 1.5 shall terminate with respect to such Holder on upon the fifth earlier to occur of (i) the five (5) year anniversary of the effective date of the Company's Initial Public OfferingIPO or (ii) when all Registrable Securities held by such Holder may be sold immediately pursuant to Rule 144.

Appears in 2 contracts

Samples: Registration Rights Agreement (Complete Genomics Inc), Investor Rights Agreement (Complete Genomics Inc)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.51.2, 1.6 1.3 and 1.7 1.4 shall terminate with respect to such Holder on the fifth year anniversary of the effective date of the Company's Initial Public Offering’s IPO.

Appears in 2 contracts

Samples: Registration Rights Agreement (Telecom Communications Inc), Registration Rights Agreement (Intermix Media, Inc.)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.5, 1.6 1 and 1.7 2 shall terminate with respect to such Holder on the earlier of the fifth year anniversary of the effective date of this Agreement, or at such time as Rule 144 or another similar exemption under the CompanySecurities Act of 1933 is available for the sale of all such Holder's Initial Public Offeringsecurities during a three (3)-month period without registration.

Appears in 2 contracts

Samples: Merger Agreement (Microfield Group Inc), Registration Rights Agreement (Aequitas Capital Management Inc.)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.51.3, 1.6 1.4 and 1.7 1.5 shall terminate with respect to such Holder on upon the fifth year anniversary earlier of (i) five (5) years following the effective date consummation of the Company's Initial Public Offering’s IPO or (ii) when such Holder can sell all of its Registrable Securities within a three (3) month period pursuant to Rule 144, without reference to Rule 144(k).

Appears in 2 contracts

Samples: Investor Rights Agreement (Tetralogic Pharmaceuticals Corp), Investor Rights Agreement (Tetralogic Pharmaceuticals Corp)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.5, 1.6 and 1.7 Section 2 shall terminate with respect to such Holder on at the fifth year earlier of (i) at such time as such Holder who is not an affiliate of the Company (within the meaning of Rule 405 under the Securities Act) is able to dispose of all of his Registrable Securities in a three-month period pursuant to the provisions of Rule 144 under the Securities Act, and (ii) the date that is the eighth anniversary of the effective date of the Company's Initial Public Offeringhereof.

Appears in 2 contracts

Samples: Registration Rights Agreement (Epi Technologies Inc/De), Registration Rights Agreement (Epi Technologies Inc/De)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.51.3, 1.6 1.4 and 1.7 1.5 and the Company’s obligations under Section 1.15 shall terminate with respect to such Holder on upon the fifth year anniversary earlier of (i) five (5) years following the effective date consummation of the Company's Initial Public Offering’s IPO, (ii) when such Holder can sell all of its Registrable Securities within a three (3) month period pursuant to Rule 144, without reference to Rule 144(k), or (iii) after the consummation of a Liquidation (as defined in the Certificate of Incorporation.

Appears in 2 contracts

Samples: Investor Rights Agreement (Tetralogic Pharmaceuticals Corp), Investor Rights Agreement (Tetralogic Pharmaceuticals Corp)

Termination of Rights. The rights of any particular Holder to cause --------------------- the Company to register securities Registrable Securities under Sections 1.5, 1.6 and 1.7 shall terminate with respect to such Holder on the fifth year anniversary earlier of (i) the date when all of such Holder's Registrable Securities may be sold pursuant to Rule 144(k) or similar or successor Rule and (ii) the date three (3) years after the effective date of the Company's Initial Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Usweb Corp)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.5, 1.6 and 1.7 shall terminate with respect to such Holder on the fifth earlier of (i) the date when such securities may be sold during a one-year anniversary of period pursuant to Rule 144 (but not Rule 144A) or similar or successor Rule and (ii) the date seven (7) years after the effective date of the Company's Initial Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Sandbox Entertainment Corp)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.51.3, 1.6 1.4, and 1.7 1.5 shall terminate with respect to such Holder on after the fifth year earlier of (i) the fourth (4th) anniversary of the effective date consummation of an IPO in which all Preferred Stock and all Notes are converted into Common Stock, (ii) with respect to any Holder, at such time after an IPO as Rule 144 or another similar exemption under the Securities Act is available for the sale of all of such Holder’s shares during a three-month period without registration or (iii) upon termination of the Company's Initial Public OfferingAgreement as provided herein.

Appears in 1 contract

Samples: Investor Rights Agreement (Fate Therapeutics Inc)

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Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.51.2, 1.6 1.3 and 1.7 1.4 shall terminate with respect to such Holder on the fifth earlier of (a) the tenth anniversary of the Grant Date of the Warrant, (b) the later of (x) the one year anniversary of a Change of Control and (y) the one year anniversary of the effective date Fourth Vesting Date, and (c) such time as Rule 144 or another similar exemption under the Securities Act is available for the sale of the Company's Initial Public Offeringall such Holders’ securities during a three (3)-month period without registration.

Appears in 1 contract

Samples: Warrant Agreement (Bakbone Software Inc)

Termination of Rights. The rights of any particular Holder to --------------------- cause the Company to register securities Registrable Securities under Sections 1.52.5, 1.6 2.6 and 1.7 2.7 shall terminate with respect to such Holder on the fifth year anniversary earlier of (i) the date when all of such Holder's Registrable Securities may be sold pursuant to Rule 144(k) or similar or successor Rule and (ii) the date five (5) years after the effective date of the Company's Initial Public Offering.

Appears in 1 contract

Samples: Investor Rights Agreement (Usweb Corp)

Termination of Rights. The rights of any particular Holder to cause the Company to register or maintain a registration of securities under Sections 1.5, and 1.6 and 1.7 shall terminate with respect to such Holder on the fifth year anniversary at such time as Holder may sell all of the effective date of Registrable Securities held by him in a three-month period in the Company's Initial Public Offeringpublic market to Rule 144.

Appears in 1 contract

Samples: Securities Purchase Agreement (Notify Technology Corp)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.5, 1.6 1.2 and 1.7 1.3 shall terminate with respect to such Holder on the fifth year earlier of (a) the third anniversary of the effective date of the Company's Initial Public OfferingAgreement and (b) such time as Rule 144 or another similar exemption under the Securities Act is available for the sale of all such Holders securities during a three (3)-month period without registration.

Appears in 1 contract

Samples: Internet Promotion Agreement (Ebix Com Inc)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.5, 1.6 and 1.7 Section 1.5 shall terminate with respect to such Holder on the earlier of (a) the fifth year anniversary of the effective date of this Agreement or (b) such time as Rule 144 or another similar exemption under the CompanySecurities Act is available for the sale of all such Holder's Initial Public Offeringsecurities during a three (3)-month period without registration.

Appears in 1 contract

Samples: Stockholder Rights Agreement (Infospace Com Inc)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.5, 1.5 and 1.6 and 1.7 shall terminate with respect to such Holder on the fifth earlier of (i) the date when such securities may be sold during a one-year anniversary of period pursuant to Rule 144 (but not Rule 144A) or --- similar or successor Rule and (ii) the date five (5) years after the effective date of the Company's Initial Public Offering.

Appears in 1 contract

Samples: Registration Rights Agreement (Peregrine Systems Inc)

Termination of Rights. The rights of any particular Holder to cause the Company to register securities under Sections 1.5, 1.6 and 1.7 Section 6 shall terminate with respect to such Holder on after the fifth earlier of (a) the three year anniversary of this Agreement, or (b) such time as Rule 144 or another similar exemption under the effective date Securities Act is available for the sale of all such Holder's shares to the Company's Initial Public Offeringpublic in any and all three-month periods (other than pursuant to Rule 144(k)).

Appears in 1 contract

Samples: Investor Rights Agreement (Eloyalty Corp)

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