Examples of Founder Registrable Securities in a sentence
The Holders of a majority of the Founder Registrable Securities shall be entitled to two Demand Registrations; provided, that the aggregate offering value of the Registrable Securities requested to be registered in any Long-Form Registration must equal at least $10,000,000 in the aggregate.
No such reduction shall reduce the amount of securities of the selling Holders (other than Founder Registrable Securities) included in the registration below twenty-five percent (25%) of the total amount of securities included in such registration.
Any amendment or waiver effected in accordance with this Section shall be binding upon each holder of any Registrable Securities or Founder Registrable Securities then outstanding, each future holder of all such Registrable Securities and Founder Registrable Securities, and the Company.
The Company shall not, without the prior written consent of the Holders holding at least a majority of the Registrable Securities then outstanding (excluding Founder Registrable Securities), enter into any agreement with any holder or prospective holder of any securities of the Company that would allow such holder or prospective holder to have registration rights of such securities that are senior to or pari passu with the registration rights of the Holders as set forth in Section 3.5.
If within twenty (20) days after their receipt of such notice one or more Holders and/or the Founder request the inclusion of some or all of the Registrable Securities and/or Founder Registrable Securities owned by them in such registration statement, the Company will use its best efforts to include such Registrable Securities and/or Founder Registrable Securities in such registration statement.