Common use of Warrant Shares Registration Statement Clause in Contracts

Warrant Shares Registration Statement. The Company agrees with and for the benefit of the Holders of Warrants that for a period of four years commencing on the first anniversary of the date of issuance of the Warrants, the Company will have registered (the “Warrant Shares Registration Statement”) or otherwise qualified all Warrant Shares pursuant to the provisions of the Securities Act, and the Company will file such amendments and/or supplements to any registration statement under the Securities Act covering the issuance of such Warrant Shares, and supplement and keep current any prospectus forming a part of such registration statement, as may be necessary to permit the Company to comply with the Securities Act and the rules and regulations thereunder, and to permit the Company to deliver to each Person exercising a Warrant a prospectus meeting the requirements of Section 10(a)(3) of the Securities Act and otherwise comply therewith; and the Company will deliver such prospectus to each such Person. During such four-year period, the Company shall, upon the request of any Holder of Warrants that may be required pursuant to the Securities Act to deliver a prospectus in connection with any sale or other disposition of Warrant Shares, include within the plan of distribution section of the prospectus and in such other places in the prospectus as may be necessary, all information necessary under the Securities Act to enable such Holder to deliver such prospectus in connection with sales or other dispositions of such Warrant Shares, and the Company shall also take such action as may be necessary under the Securities Act with respect to the related registration statement to enable such Holder to effect such delivery in connection with such sale or other disposition. The Company further agrees to provide any Holder who during such period may be required to deliver a prospectus upon the sale or other disposition of such Warrant Shares, such number of copies of the prospectus as such Holder reasonably requests.