Conditions to Registration. (a) As a condition to Leap's -------------------------- participation in any underwritten offering, Leap shall (i) execute the underwriting agreement reasonably agreed on by CellStar and the underwriter, (ii) pay its pro rata share of offering expenses, all underwriting discounts, selling commissions and transfer taxes applicable to its shares and the fees of its own counsel, if any, and (iii) cooperate with, and provide information to, CellStar in connection with the preparation of the registration statement and the sale of stock contemplated thereby. (b) As a condition to Leap's participation in any registration that is not an underwritten offering, Leap shall (i) pay its pro rata share of offering expenses and transfer taxes applicable to its shares and the fees of its own counsel, if any, and (ii) cooperate with, and provide information necessary to effect such registration to, CellStar in connection with the preparation of the registration statement and the sale of stock contemplated thereby.
Appears in 3 contracts
Sources: Exchange Agreement (Cellstar Corp), Purchase Agreement (Cellstar Corp), Registration Rights Agreement (Cellstar Corp)