Common use of Termination of Voting Agreement Clause in Contracts

Termination of Voting Agreement. The covenants set forth in this Section 5 shall terminate upon the earliest of (a) the closing of a Qualified Public Offering (as defined in Section 3.5 hereof); (b) such time as the Company shall be subject to the reporting requirements arising under the 1934 Act, or any successor statute and any applicable rules promulgated thereunder by the SEC; or (c) the date 10 years from the date hereof.

Appears in 3 contracts

Samples: Rights Agreement (Alimera Sciences Inc), Rights Agreement (Alimera Sciences Inc), Rights Agreement (Alimera Sciences Inc)

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Termination of Voting Agreement. The covenants set forth in this Section 5 6 shall terminate upon the earliest of (a) the closing of a Qualified Public Offering (as defined in Section 3.5 2.16 hereof); , (b) such time as the Company shall be subject to the reporting requirements arising under the 1934 Act, or any successor statute and any applicable rules promulgated thereunder by the SEC; SEC or (c) the date 10 years from the date hereof.

Appears in 2 contracts

Samples: Investor Rights Agreement (Aldagen Inc), Investor Rights Agreement (Aldagen Inc)

Termination of Voting Agreement. The covenants set forth in this Section 5 shall terminate upon (i) immediately before the earliest consummation of an IPO, (aii) the closing of a Qualified Public Offering (as defined in Section 3.5 hereof); (b) such time as when the Company shall be first becomes subject to the periodic reporting requirements arising under of Section 12(g) or 15(d) of the 1934 Act, or any successor statute and any applicable rules promulgated thereunder by the SEC; or (ciii) the date 10 ten years from the date hereof, whichever occurs first.

Appears in 1 contract

Samples: Investor Rights Agreement (Biolex, Inc.)

Termination of Voting Agreement. The covenants set forth in this ------------------------------- Section 5 shall terminate upon the earliest earlier of (a) the closing of a Qualified Public Offering (as defined registration statement for the sale of the Company's shares of Common Stock in Section 3.5 hereof); an underwritten public offering registered under the 1933 Act, or (b) such time as the Company shall be subject to the reporting requirements arising under the 1934 Act, or any successor statute and any applicable rules promulgated thereunder by the SEC; or (c) the date 10 ten years from the date hereof.

Appears in 1 contract

Samples: Investor Rights Agreement (Liposcience Inc)

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Termination of Voting Agreement. The covenants set forth in this Section 5 shall terminate upon the earliest earlier of (a) the closing of a Qualified Public Offering (as defined registration statement for the sale of the Company’s shares of Common Stock in Section 3.5 hereof); an underwritten public offering registered under the 1933 Act, or (b) such time as the Company shall be subject to the reporting requirements arising under the 1934 Act, or any successor statute and any applicable rules promulgated thereunder by the SEC; or (c) the date 10 ten years from the date hereof.

Appears in 1 contract

Samples: Rights Agreement (Liposcience Inc)

Termination of Voting Agreement. The covenants set forth in this ------------------------------- Section 5 4 shall terminate upon the earliest of (a) the closing of a Qualified Public Offering (as defined in Section 3.5 3.4 hereof); , (b) such time as the Company shall be subject to the reporting requirements arising under the 1934 Act, or any successor statute and any applicable rules promulgated thereunder by the SEC; SEC or (c) the date 10 ten years from the date hereof.

Appears in 1 contract

Samples: Investor Rights Agreement (Pozen Inc /Nc)

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