Common use of THE CORPORATION'S OBLIGATION TO REGISTER Clause in Contracts

THE CORPORATION'S OBLIGATION TO REGISTER. If the Corporation at any time proposes to register any of its securities under the Securities Act (other than a registration effected solely to implement an employee benefit plan, a transaction to which Rule 145 of the Commission is applicable or any other form or type of registration in which Registrable Securities cannot be included pursuant to Commission regulation, rule or practice), it will give written notice to all holders of the outstanding Registrable Securities of its intention to make such registration. If such registration is proposed to be on a form which permits inclusion of the Registrable Securities, then upon the written request of any holders of the Registrable Securities given within thirty (30) days after transmittal by the Corporation to the holders of such written notice (stating the intended method and terms of disposition of such securities, including a list of the jurisdictions in which the Corporation intends to qualify such securities), the Corporation will, subject to the limits contained in this Section, and not more than twice with respect to all such holders, use its best efforts to cause such Registrable Securities of said requesting holders to be registered under the Securities Act and qualified for sale under any state blue sky law, all to the extent requisite to permit such sale or other disposition by such holders of the Registrable Securities so registered.

THE CORPORATION'S OBLIGATION TO REGISTER. If the Corporation Company at any ----------------------------------------- time proposes to register any of its securities under the Securities Act (other than a registration effected solely to implement an employee benefit plan, a transaction to which Rule 145 of the Commission is applicable or any other form or type of registration in which "Registrable Securities Securities" (as defined below) cannot be included pursuant to Commission regulation, rule or practice), it will give then all Shareholder parties and Optionholder parties to this Agreement, as well as all NetSource Interactive shareholders and optionholders under the NetSource Merger and all shareholders and optionholders under the MTC Domestic Exchange shall receive written notice to all holders of from the outstanding Registrable Securities Company (the "Company Notice") of its intention to make such registrationregistration (all common stock issued pursuant to such transactions and all common stock issuable under options which were issued pursuant to such transactions are referred to herein as "Registrable Securities"). If such registration is proposed to be on a form which permits inclusion of the Registrable Securities, then upon the written request of any holders of the Registrable Securities given within thirty ten (3010) days after transmittal by the Corporation Company to the such holders of such written notice (stating the intended method and terms of disposition of such securities, including a list of the jurisdictions in which the Corporation intends to qualify such securities)Company Notice, the Corporation Company will, subject to the limits contained in this Section, and not more than twice with respect to all such holders, use its best reasonable efforts to cause such Registrable Securities of said requesting holders to be registered under the Securities Act and qualified for sale under any state blue sky lawAct, all to the extent requisite to permit such sale or other disposition by such holders of the Registrable Securities so registered.

THE CORPORATION'S OBLIGATION TO REGISTER. If the Corporation Company at any ----------------------------------------- time proposes to register any of its securities under the Securities Act (other than a registration effected solely to implement an employee benefit plan, a transaction to which Rule 145 of the Commission is applicable or any other form or type of registration in which "Registrable Securities Securities" (as defined below) cannot be included pursuant to Commission regulation, rule or practice), it will give then all Shareholder parties and Optionholder parties to this Agreement, as well as all NetSource Interactive shareholders and optionholders under the NetSource Merger and all shareholders and optionholders under the MTC International Exchange shall receive written notice to all holders of from the outstanding Registrable Securities Company (the "Company Notice") of its intention to make such registrationregistration (all common stock issued pursuant to such transactions and all common stock issuable under options which were issued pursuant to such transactions are referred to herein as "Registrable Securities"). If such registration is proposed to be on a form which permits inclusion of the Registrable Securities, then upon the written request of any holders of the Registrable Securities given within thirty ten (3010) days after transmittal by the Corporation Company to the such holders of such written notice (stating the intended method and terms of disposition of such securities, including a list of the jurisdictions in which the Corporation intends to qualify such securities)Company Notice, the Corporation Company will, subject to the limits contained in this Section, and not more than twice with respect to all such holders, use its best reasonable efforts to cause such Registrable Securities of said requesting holders to be registered under the Securities Act and qualified for sale under any state blue sky lawAct, all to the extent requisite to permit such sale or other disposition by such holders of the Registrable Securities so registered.