REGISTRATION RIGHTS AGREEMENT
Exhibit 10.2
This Registration Rights Agreement (this “Agreement”) is made and entered into as of this 22nd
day of August, 2005 by and among HEARUSA, INC., a corporation organized under the laws of Delaware
(the “Company”), and the persons identified as Purchasers pursuant to that certain Purchase
Agreement of even date herewith by and among the Company and such Purchasers (the “Purchase
Agreement”).
The parties hereby agree as follows:
1. Definitions.
Capitalized terms used herein but not otherwise defined shall have the meaning ascribed
thereto in the Purchase Agreement and/or the Warrants or Notes issued pursuant to the Purchase
Agreement. As used in this Agreement, the following terms shall have the following meanings:
“Common Stock” shall mean the Company’s Common Stock $0.10 per share.
“Filing Date” shall mean the date which is thirty (30) days following the Closing.
“Prospectus” shall mean the prospectus included in any Registration Statement, as
amended or supplemented by any prospectus supplement, with respect to the terms of the offering of
any portion of the Registrable Securities covered by such Registration Statement and by all other
amendments and supplements to the prospectus, including post-effective amendments and all material
incorporated by reference in such prospectus.
“Purchasers” shall mean the purchasers identified in the Purchase Agreement and any
subsequent holder of any Warrants or Registrable Securities as a result of a transfer of such
securities.
“Register,” “registered” and “registration” refer to a registration
made by preparing and filing a registration statement or similar document in compliance with the
1933 Act (as defined below), and the declaration or ordering of effectiveness of such registration
statement or document.
“Registrable Securities” shall mean the shares of Common Stock issued or issuable upon
the exercise of the Warrants.
“Registration Statement” shall mean any registration statement of the Company filed
under the 1933 Act that covers the resale of any of the Registrable Securities pursuant to the
provisions of this Agreement, amendments and supplements to such Registration Statement, including
post-effective amendments, all exhibits and all material incorporated by reference in such
Registration Statement.
“SEC” means the U.S. Securities and Exchange Commission.
“1933 Act” means the Securities Act of 1933, as amended, and the rules and regulations
promulgated thereunder.
“1934 Act” means the Securities Exchange Act of 1934, as amended, and the rules and
regulations promulgated thereunder.
2. Registration.
(a) Registration Statement. On or prior to the Filing Date, the Company shall prepare
and file with the SEC one Registration Statement on Form S-3 (or, if Form S-3 is not then available
to the Company, on such form of registration statement as is then available to effect a
registration for resale of the Registrable Securities) covering the resale of the Registrable
Securities in an amount equal to the number of shares of Common Stock necessary to permit the
exercise in full of the Warrants (without regard to any restrictions on beneficial ownership).
Such Registration Statement also shall cover, to the extent allowable under the 1933 Act and the
rules promulgated thereunder (including Rule 416), such indeterminate number of additional shares
of Common Stock resulting from stock splits, stock dividends or similar transactions with respect
to the Registrable Securities. No securities shall be included in the Registration Statement
without the consent of the Purchasers other than the Registrable Securities.
(b) Expenses. The Company will pay all of the Company’s expenses associated with each
registration, but excluding discounts, commissions, fees of underwriters, selling brokers, dealer
managers or similar securities industry professionals.
(c) Effectiveness.
(i) The Company shall use its best efforts to have each Registration Statement declared
effective as soon as possible after filing. If (A) the Company does not file the Registration
Statement on or before the Filing Date, subject to an Allowed Delay as provided in subparagraph
(ii) below, (B) the Registration Statement covering Registrable Securities is not declared
effective by the SEC within 180 days following the Closing (or within 90 days of the Closing in the
event the SEC does not review the Registration Statement) (each of the foregoing deadlines, a
“Registration Date”), (C) the Company fails to file with the SEC a request for acceleration within
5 business days of the date that the Company is notified by the SEC that the Registration Statement
will not be “reviewed” or is not subject to further comment, or (D) after a Registration Statement
has been declared effective by the SEC, sales cannot be made pursuant to such Registration
Statement for any reason (including without limitation by reason of a stop order, or the Company’s
failure to update the Registration Statement) but except as excused pursuant to subparagraph (ii)
below, (X) for more than 30 days in any period of 365 consecutive days, if the Company suspends
effectiveness of the registration due to a development that, in the good faith discretion of the
Company’s Board of Directors, makes it appropriate to suspend or renders the Company unable to
comply with SEC requirements, or (Y) for more than 60 days in any period of 365 consecutive days
for any reason, then the Company will make pro-rata payments to the Purchaser as liquidated damages
and not as a penalty, in an amount equal to 1% of the sum of the aggregate principal amount then
outstanding under the Notes for each month (or portion thereof) following the Registration Date
during which any of the events described in (A), (B), (C) or (D) above occurs and is continuing
(the “Blackout Period”). Each such payment shall be due and payable within five (5) days of the
end of each month (or ending portion thereof) of the Blackout Period until the termination of the
Blackout Period. The Blackout Period shall terminate upon the happening of the event which, had it
occurred, would not have triggered a Blackout Period.
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(ii) For not more than ten (10) consecutive trading days or for a total of not more than
thirty (30) trading days in any consecutive twelve (12) month period, the Company may delay the
disclosure of material non-public information concerning the Company, by not filing, terminating or
suspending effectiveness of any registration contemplated by this Section, the disclosure of which
at the time is not, in the good faith opinion of the Company, in the best interests of the Company
(an “Allowed Delay”); provided, that the Company shall promptly (a) notify the Purchasers in
writing of the existence of (but in no event, without the prior written consent of a Purchaser,
shall the Company disclose to such Purchaser any of the facts or circumstances regarding) material
non-public information giving rise to an Allowed Delay, and (b) advise the Purchasers in writing to
cease all sales under the Registration Statement until the end of the Allowed Delay. No payments
under subparagraph (c)(i) shall be required in the event and for the duration of an Allowed Delay.
(d) Underwritten Offering. If any offering pursuant to a Registration Statement
pursuant to Section 2(a) hereof involves an underwritten offering, the Company shall have the right
to select an investment banker and manager to administer the offering, which investment banker or
manager shall be reasonably satisfactory to the Purchasers.
3. Company Obligations. The Company will use its best efforts to effect the
registration of the Registrable Securities in accordance with the terms hereof, and pursuant
thereto the Company will, as expeditiously as possible:
(a) use its best efforts to cause such Registration Statement to become effective and to
remain continuously effective for a period (the “Registration Period”) that will terminate upon the
third anniversary of the Closing.
(b) prepare and file with the SEC such amendments and post-effective amendments to the
Registration Statement and the Prospectus as may be necessary to keep the Registration Statement
effective for the period specified in Section 3(a) and to comply with the provisions of the 1933
Act and the 1934 Act with respect to the distribution of all Registrable Securities;
(c) permit counsel designated by the Purchasers to review each Registration Statement and all
amendments and supplements thereto no fewer than five (5) business days prior to their filing with
the SEC and not file any document to which such counsel reasonably objects;
(d) furnish to the Purchasers and their legal counsel (i) promptly after the same is prepared
and publicly distributed, filed with the SEC, or received by the Company, one copy of any
Registration Statement and any amendment thereto, each preliminary prospectus and Prospectus and
each amendment or supplement thereto, and each letter written by or on behalf of the Company to the
SEC or the staff of the SEC, and each item of correspondence from the SEC or the staff of the SEC,
in each case relating to such Registration Statement (other than any portion of any thereof which
contains information for which the Company has sought confidential treatment), and (ii) such number
of copies of a Prospectus, including a preliminary prospectus, and all amendments and supplements
thereto and such other documents as each Purchaser may reasonably request in order to facilitate
the disposition of the Registrable Securities owned by such Purchaser;
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(e) in the event the Company selects an underwriter for the offering, the Company shall enter
into and perform its reasonable obligations under an underwriting agreement, in usual and customary
form, including, without limitation, customary indemnification and contribution obligations, with
the underwriter of such offering;
(f) if required by the underwriter, or if any Purchaser is described in the Registration
Statement as an underwriter, the Company shall furnish, on the effective date of the Registration
Statement, on the date that Registrable Securities are delivered to an underwriter, if any, for
sale in connection with the Registration Statement and at periodic intervals thereafter from time
to time on request, (i) an opinion, dated as of such date, from legal counsel representing the
Company for purposes of such Registration Statement, in form, scope and substance as is customarily
given in an underwritten public offering, addressed to the underwriter and any such Purchaser and
(ii) a letter, dated such date, from the Company’s independent certified public accountants in form
and substance as is customarily given by independent certified public accountants to underwriters
in an underwritten public offering, addressed to the underwriter and any such Purchaser;
(g) make effort to prevent the issuance of any stop order or other suspension of effectiveness
and, if such order is issued, to obtain the withdrawal of any such order at the earliest possible
moment;
(h) furnish to each Purchaser at least five copies of the Registration Statement and any
post-effective amendment thereto, including financial statements and schedules by air mail or
reputable courier within three (3) business days of the effective date thereof;
(i) prior to any public offering of Registrable Securities use its best efforts to register or
qualify or cooperate with the Purchasers and their counsel in connection with the registration or
qualification of such Registrable Securities for offer and sale under the securities or blue sky
laws of such jurisdictions requested by the Purchaser and do any and all other reasonable acts or
things necessary or advisable to enable the distribution in such jurisdictions of the Registrable
Securities covered by the Registration Statement;
(j) cause all Registrable Securities covered by a Registration Statement to be listed on each
securities exchange, interdealer quotation system or other market on which similar securities
issued by the Company are then listed;
(k) immediately notify the Purchasers, at any time when a Prospectus relating to the
Registrable Securities is required to be delivered under the 1933 Act, upon discovery that, or upon
the happening of any event as a result of which, the Prospectus included in such Registration
Statement, as then in effect, includes an untrue statement of a material fact or omits to state any
material fact required to be stated therein or necessary to make the statements therein not
misleading in the light of the circumstances then existing, and at the request of any such holder,
promptly prepare and furnish to such holder a reasonable number of copies of a supplement to or an
amendment of such Prospectus as may be necessary so that, as thereafter delivered to the purchasers
of such Registrable Securities such Prospectus shall not include an untrue statement of a material
fact or omit to state a material fact required to be stated therein or necessary to make the
statements therein not misleading in the light of the circumstances then existing; and
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(l) otherwise use its best efforts to comply with all applicable rules and regulations of the
SEC under the 1933 Act and the 1934 Act, take such other actions as may be reasonably necessary to
facilitate the registration of the Registrable Securities hereunder; and make available to its
security holders, as soon as reasonably practicable, but not later than the Availability Date (as
defined below), an earnings statement covering a period of at least twelve months, beginning after
the effective date of each Registration Statement, which earnings statement shall satisfy the
provisions of Section 11(a) of the 1933 Act (for the purpose of this subsection 3(l), “Availability
Date” means the 45th day following the end of the fourth fiscal quarter that includes the effective
date of such Registration Statement, except that, if such fourth fiscal quarter is the last quarter
of the Company’s fiscal year, “Availability Date” means the 90th day after the end of such fourth
fiscal quarter).
4. Due Diligence Review; Information. The Company shall make available, during
normal business hours, for inspection and review by the Purchasers who may be deemed an
underwriter, advisors to and representatives of such Purchasers (who may or may not be affiliated
with the Purchasers and who are reasonably acceptable to the Company), and any underwriter
participating in any disposition of Common Stock on behalf of the Purchasers pursuant to the
Registration Statement or amendments or supplements thereto or any blue sky, NASD or other filing,
all financial and other records, all SEC Documents and other filings with the SEC, and all other
corporate documents and properties of the Company as may be reasonably necessary for the purpose of
establishing a due diligence defense under applicable securities laws and such other reasonable
purposes, and cause the Company’s officers, directors and employees, within a reasonable time
period, to supply all such information reasonably requested by such Purchasers or any such
representative, advisor or underwriter in connection with such Registration Statement (including,
without limitation, in response to all questions and other inquiries reasonably made or submitted
by any of them), prior to and from time to time after the filing and effectiveness of the
Registration Statement for the sole purpose of enabling such Purchasers and such representatives,
advisors and underwriters and their respective accountants and attorneys to conduct initial and
ongoing due diligence with respect to the Company and the accuracy of the Registration Statement.
The Company shall not disclose material nonpublic information to the Purchasers, or to
advisors to or representatives of the Purchasers, unless prior to disclosure of such information
the Company identifies such information as being material nonpublic information and provides the
Purchasers, such advisors and representatives with the opportunity to accept or refuse to accept
such material nonpublic information for review. The Company may, as a condition to disclosing any
material nonpublic information hereunder, require the Purchasers’ advisors and representatives to
enter into a confidentiality agreement (including an agreement with such advisors and
representatives prohibiting them from trading in Common Stock during such period of time as they
are in possession of material nonpublic information) in form reasonably satisfactory to the Company
and the Purchasers. Nothing herein shall require the Company to disclose material nonpublic
information to the Purchasers or their advisors or representatives.
5. Obligations of the Purchasers.
(a) Each Purchaser shall furnish in writing to the Company such information regarding itself,
the Registrable Securities held by it and the intended method of disposition of the Registrable
Securities held by it, as shall be reasonably required to effect the registration of such
Registrable Securities and shall execute such documents in connection with such registration as the
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Company may reasonably request. At least ten (10) days prior to the first anticipated filing
date of any Registration Statement, the Company shall notify each Purchaser of the information the
Company requires from such Purchaser if such Purchaser elects to have any of the Registrable
Securities included in the Registration Statement.
(b) Each Purchaser, by its acceptance of the Registrable Securities agrees to cooperate with
the Company as reasonably requested by the Company in connection with the preparation and filing of
a Registration Statement hereunder, unless such Purchaser has notified the Company in writing of
its election to exclude all of its Registrable Securities from the Registration Statement. Each
Purchaser agrees to comply with the applicable prospectus delivery requirements under the 1933 Act
in connection with any resales of Registrable Securities pursuant to the Registration Statement.
(c) In the event the Company determines to engage the services of an underwriter which
engagement is reasonably acceptable to the Purchasers, each Purchaser agrees to enter into and
perform its obligations under an underwriting agreement, in usual and customary form, including,
without limitation, customary indemnification and contribution obligations, with the managing
underwriter of such offering and take such other actions as are reasonably required in order to
expedite or facilitate the dispositions of the Registrable Securities.
(d) Each Purchaser agrees that, upon receipt of any notice from the Company of the happening
of any event rendering a Registration Statement no longer effective, such Purchaser will
immediately discontinue disposition of Registrable Securities pursuant to the Registration
Statement covering such Registrable Securities until the Purchaser’s receipt of the copies of the
supplemented or amended prospectus filed with the SEC and declared effective and, if so directed by
the Company, the Purchaser shall deliver to the Company (at the expense of the Company) or destroy
all copies in the Purchaser’s possession of the prospectus covering the Registrable Securities
current at the time of receipt of such notice.
(e) No Purchaser may participate in any third party underwritten registration hereunder unless
it (i) agrees to sell the Registrable Securities on the basis provided in any underwriting
arrangements in usual and customary form entered into by the Company, (ii) completes and executes
all questionnaires, powers of attorney, indemnities, underwriting agreements and other documents
reasonably required under the terms of such underwriting arrangements, and (iii) agrees to pay its
pro rata share of all underwriting discounts and commissions and any expenses in excess of those
payable by the Company pursuant to the terms of this Agreement.
6. Indemnification.
(a) Indemnification by Company. The Company agrees to indemnify and hold harmless, to
the fullest extent permitted by law, the Purchasers, each of their officers, directors, partners
and employees and each person who controls the Purchasers (within the meaning of the 0000 Xxx)
against all losses, claims, damages, liabilities, costs (including, without limitation, reasonable
attorney’s fees) and expenses imposed on such person caused by (i) any untrue or alleged untrue
statement of a material fact contained in any Registration Statement, Prospectus or any preliminary
prospectus or any amendment or supplement thereto or any omission or alleged omission to state
therein a material fact required to be stated therein or necessary to make the statements therein
not misleading, except insofar as the same are based upon any information
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furnished in writing to the Company by such Purchasers, expressly for use therein, or (ii) any
violation by the Company of any federal, state or common law, rule or regulation applicable to the
Company in connection with any Registration Statement, Prospectus or any preliminary prospectus, or
any amendment or supplement thereto, and shall reimburse in accordance with subparagraph (c) below,
each of the foregoing persons for any legal and any other expenses reasonably incurred in
connection with investigating or defending any such claims. The foregoing is subject to the
condition that, insofar as the foregoing indemnities relate to any untrue statement, alleged untrue
statement, omission or alleged omission made in any preliminary prospectus or Prospectus that is
eliminated or remedied in any Prospectus or amendment or supplement thereto, the above indemnity
obligations of the Company shall not inure to the benefit of any indemnified party if a copy of
such corrected Prospectus or amendment or supplement thereto had been provided to such indemnified
party and was not sent or given by such indemnified party at or prior to the time such action was
required of such indemnified party by the 1933 Act and if delivery of such Prospectus or amendment
or supplement thereto would have eliminated (or been a sufficient defense to) any liability of such
indemnified party with respect to such statement or omission. Indemnity under this Section 5(a)
shall remain in full force and effect regardless of any investigation made by or on behalf of any
indemnified party and shall survive the permitted transfer of the Registrable Securities.
(b) Indemnification by Holder. In connection with any registration pursuant to the
terms of this Agreement, each Purchaser will furnish to the Company in writing such information as
the Company reasonably requests concerning the holders of Registrable Securities or the proposed
manner of distribution for use in connection with any Registration Statement or Prospectus and
agrees, severally but not jointly, to indemnify and hold harmless, to the fullest extent permitted
by law, the Company, its directors, officers, employees, stockholders and each person who controls
the Company (within the meaning of the 0000 Xxx) against any losses, claims, damages, liabilities
and expense (including reasonable attorney’s fees) resulting from any untrue statement of a
material fact or any omission of a material fact required to be stated in the Registration
Statement or Prospectus or preliminary prospectus or amendment or supplement thereto or necessary
to make the statements therein not misleading, to the extent, but only to the extent that such
untrue statement or omission is contained in any information furnished in writing by such Purchaser
to the Company specifically for inclusion in such Registration Statement or Prospectus or amendment
or supplement thereto and that such information was substantially relied upon by the Company in
preparation of the Registration Statement or Prospectus or any amendment or supplement thereto. In
no event shall the liability of a Purchaser be greater in amount than the dollar amount of the
proceeds (net of all expenses paid by such Purchaser and the amount of any damages such holder has
otherwise been required to pay by reason of such untrue statement or omission) received by such
Purchaser upon the sale of the Registrable Securities included in the Registration Statement giving
rise to such indemnification obligation.
(c) Conduct of Indemnification Proceedings. Any person entitled to indemnification
hereunder shall (i) give prompt notice to the indemnifying party of any claim with respect to which
it seeks indemnification and (ii) permit such indemnifying party to assume the defense of such
claim with counsel reasonably satisfactory to the indemnified party; provided that any person
entitled to indemnification hereunder shall have the right to employ separate counsel and to
participate in the defense of such claim, but the fees and expenses of such counsel shall be at the
expense of such person unless (a) the indemnifying party has agreed to pay such fees or expenses,
or (b) the indemnifying party shall have failed to assume the defense of such claim and employ
counsel reasonably satisfactory to such person or (c) in the reasonable judgment of any such
person, based
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upon written advice of its counsel, a conflict of interest exists between such person and the
indemnifying party with respect to such claims (in which case, if the person notifies the
indemnifying party in writing that such person elects to employ separate counsel at the expense of
the indemnifying party, the indemnifying party shall not have the right to assume the defense of
such claim on behalf of such person); and provided, further, that the failure of any indemnified
party to give notice as provided herein shall not relieve the indemnifying party of its obligations
hereunder, except to the extent that such failure to give notice shall materially adversely affect
the indemnifying party in the defense of any such claim or litigation. It is understood that the
indemnifying party shall not, in connection with any proceeding in the same jurisdiction, be liable
for fees or expenses of more than one separate firm of attorneys at any time for all such
indemnified parties. No indemnifying party will, except with the consent of the indemnified party,
consent to entry of any judgment or enter into any settlement that does not include as an
unconditional term thereof the giving by the claimant or plaintiff to such indemnified party of a
release from all liability in respect of such claim or litigation.
(d) Contribution. If for any reason the indemnification provided for in the preceding
paragraphs (a) and (b) is unavailable to an indemnified party or insufficient to hold it harmless,
other than as expressly specified therein, then the indemnifying party shall contribute to the
amount paid or payable by the indemnified party as a result of such loss, claim, damage or
liability in such proportion as is appropriate to reflect the relative fault of the indemnified
party and the indemnifying party, as well as any other relevant equitable considerations. No
person guilty of fraudulent misrepresentation within the meaning of Section 11(f) of the 1933 Act
shall be entitled to contribution from any person not guilty of such fraudulent misrepresentation.
In no event shall the contribution obligation of a holder of Registrable Securities be greater in
amount than the dollar amount of the proceeds (net of all expenses paid by such holder and the
amount of any damages such holder has otherwise been required to pay by reason of such untrue or
alleged untrue statement or omission or alleged omission) received by it upon the sale of the
Registrable Securities giving rise to such contribution obligation.
7. Miscellaneous.
(a) Amendments and Waivers. This Agreement may be amended only by a writing signed by
the parties hereto. The Company may take any action herein prohibited, or omit to perform any act
herein required to be performed by it, only if the Company shall have obtained the written consent
to such amendment, action or omission to act, of the Purchasers affected by such amendment, action
or omission to act.
(b) Notices. All notices and other communications provided for or permitted hereunder
shall be made as set forth in Section 9.4 of the Purchase Agreement.
(c) Assignments and Transfers by Purchasers. This Agreement and all the rights and
obligations of any Purchaser hereunder may be assigned or transferred to any transferee or assignee
of the Warrants or Registrable Securities as may be permitted under the Purchase Agreement. A
Purchaser may make such assignment or transfer to any transferee or assignee of any Warrant or
Registrable Securities provided that (i) such transfer is made expressly subject to this
Agreement and the transferee agrees in writing to be bound by the terms and conditions hereof, and
(ii) the Company is provided with written notice of such assignment.
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(d) Assignments and Transfers by the Company. This Agreement may not be assigned by
the Company without the prior written consent of the Purchasers, but after notice duly given, the
Company shall assign its rights and delegate its duties hereunder to any successor-in-interest
corporation, and such successor-in-interest shall assume such rights and duties, in the event of a
merger or consolidation of the Company with or into another corporation or the sale of all or
substantially all of the Company’s assets (and it shall be a condition to any such merger,
consolidation or sale that such successor-in-interest assume in writing all obligations hereunder).
(e) Benefits of the Agreement. The terms and conditions of this Agreement shall inure
to the benefit of and be binding upon the respective permitted successors and assigns of the
parties. Nothing in this Agreement, express or implied, is intended to confer upon any party other
than the parties hereto or their respective successors and assigns any rights, remedies,
obligations, or liabilities under or by reason of this Agreement, except as expressly provided in
this Agreement.
(f) Counterparts. This Agreement may be executed in two or more counterparts, each of
which shall be deemed an original, but all of which together shall constitute one and the same
instrument. This Agreement may be executed by facsimile.
(g) Titles and Subtitles. The titles and subtitles used in this Agreement are used
for convenience only and are not to be considered in construing or interpreting this Agreement.
(h) Severability. If one or more provisions of this Agreement are held to be
unenforceable under applicable law, such provision shall be excluded from this Agreement and the
balance of this Agreement shall be interpreted as if such provision were so excluded and shall be
enforceable in accordance with its terms to the fullest extent permitted by law.
(i) Further Assurances. The parties shall execute and deliver all such further
instruments and documents and take all such other actions as may reasonably be required to carry
out the transactions contemplated hereby and to evidence the fulfillment of the agreements herein
contained.
(j) Entire Agreement. This Agreement, together with the Purchase Agreement, Notes and
Warrants and documents contemplated thereby, is intended by the parties as a final expression of
their agreement and intended to be a complete and exclusive statement of the agreement and
understanding of the parties hereto in respect of the subject matter contained herein. This
Agreement, together with the Purchase Agreement, Notes and Warrants and documents contemplated
thereby, supersedes all prior agreements and understandings between the parties with respect to
such subject matter.
(k) Applicable Law. This Agreement shall be governed by, and construed in accordance
with, the laws of the State of New York without regard to principles of conflicts of law.
[Signature Pages Follow]
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IN WITNESS WHEREOF, the parties have executed this Registration Rights Agreement as of the
date first written above.
THE COMPANY:
HEARUSA, INC.
By: /s/ Xxxxxxx X. Xxxxxxxxxx
Name: Xxxxxxx X. Xxxxxxxxxx
Title: President and CEO
Name: Xxxxxxx X. Xxxxxxxxxx
Title: President and CEO
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THE PURCHASER:
X.X. Xxxxxxxxx, Towbin Capital Partners I, L.P.
Name
Name
By: /s/ Xxxxxx Xxxx
Name: Xxxxxx Xxxx
Title: Managing Member of the General Partner
Name: Xxxxxx Xxxx
Title: Managing Member of the General Partner
HearUSA Registration Rights Agreement/279761
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THE PURCHASER:
Xxxxx Xxxxx
Name
Name
By: /s/ Xxxxx Xxxxx
Name:
Title:
Name:
Title:
HearUSA Registration Rights Agreement/279761
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THE PURCHASER:
Castle Creek Technology Partners LLC
Name
Name
By: /s/ Xxxxxxx X. Friend
Name: Xxxxxxx X. Friend
Title: Managing Director of the Investment Manager
Name: Xxxxxxx X. Friend
Title: Managing Director of the Investment Manager
HearUSA Registration Rights Agreement/279761
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THE PURCHASER:
Cordillera Fund, L.P.
Name
Name
By: /s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Co-CEO of Xxxxxx Xxxxxx Capital, Inc.
General Partner of ACCF GenPar, L.P.
General Partner of the Cordillera Fund, L.P.
Name: Xxxxx X. Xxxxxx
Title: Co-CEO of Xxxxxx Xxxxxx Capital, Inc.
General Partner of ACCF GenPar, L.P.
General Partner of the Cordillera Fund, L.P.
HearUSA Registration Rights Agreement/279761
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THE PURCHASER:
Xxxxxx Partners LP
Name
Name
By: /s/ Xxxxxx Xxxxx
Name: Xxxxxx Xxxxx
Title: Portfolio Manager
Name: Xxxxxx Xxxxx
Title: Portfolio Manager
HearUSA Registration Rights Agreement/279761
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THE PURCHASER:
/s/ Xxxxxxx Xxxx Xxxxx
Name
By: __________________
Name:
Title:
Name:
Title:
HearUSA Registration Rights Agreement/279761
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THE PURCHASER:
MidSouth Investor Fund LP
Name
Name
By: /s/ Xxxxx X. Xxxxxxx
Name: Xxxxx X. Xxxxxxx
Title: General Partner
Name: Xxxxx X. Xxxxxxx
Title: General Partner
HearUSA Registration Rights Agreement/279761
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THE PURCHASER:
Nite Capital LP
Name
Name
By: /s/ Xxxxx X. Xxxxxxx
Name: Xxxxx X. Xxxxxxx
Title: Manager of the General Partner
Name: Xxxxx X. Xxxxxxx
Title: Manager of the General Partner
HearUSA Registration Rights Agreement/279761
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THE PURCHASER:
Xxxxxxx X. Press
Name
Name
By: /s/ Xxxxxxx X. Press
Name:
Title:
Name:
Title:
HearUSA Registration Rights Agreement/279761
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THE PURCHASER:
Xxxxxx X. Xxxx
Name
Name
By: /s/ Xxxxxx X. Xxxx
Name:
Title:
Name:
Title:
HearUSA Registration Rights Agreement/279761
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THE PURCHASER:
Smithfield Fiduciary LLC
Name
Name
By: /s/ Xxxxx X. Xxxxxxx
Name: Xxxxx X. Xxxxxxx
Title: Authorized Signatory
Name: Xxxxx X. Xxxxxxx
Title: Authorized Signatory
HearUSA Registration Rights Agreement/279761
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THE PURCHASER:
Xxxxxx Partners L.P.
Name
Name
By: /s/ Xxxxxxxx Xxxxxx
Name: Xxxxxxxx Xxxxxx
Title: Managing Principal
Name: Xxxxxxxx Xxxxxx
Title: Managing Principal
HearUSA Registration Rights Agreement/279761
-00-
XXX XXXXXXXXX:
Xxxxxx-GEPT Partners, L.P.
Name
Name
By: /s/ Xxxxxxxx Xxxxxx
Name: Xxxxxxxx Xxxxxx
Title: Managing Principal
Name: Xxxxxxxx Xxxxxx
Title: Managing Principal
HearUSA Registration Rights Agreement/279761
-23-
THE PURCHASER:
Whalehaven Capital Fund Limited
Name
Name
By: /s/ unintelligible
Name:
Title:
Name:
Title:
HearUSA Registration Rights Agreement/279761
-24-