Common use of Delivery of Reports and Information Clause in Contracts

Delivery of Reports and Information. (a) The Company covenants and agrees with the Holder that the Company will: (i) Do or cause to be done all things necessary to preserve, renew and keep in full force and effect the Company's legal existence; and (ii) Upon request of the Holder, furnish to the Holder promptly after the same become publicly available, copies of such registration statements, annual, periodic and other reports, and such proxy statements and other information, if any, as shall be filed by the Company with the Securities and Exchange Commission pursuant to the requirements of the Securities Act or the Exchange Act. (b) In case at any time the Company shall declare any dividend on its Common Stock, whether payable in cash, stock or other property, then the Company shall give written notice to the Holder of the date on which the books of the Company shall close or a record shall be taken for such dividend. Such notice shall also specify the date as of which the holders of Common Stock of record shall participate in such dividend. Such written notice shall be given at least twenty (20) days prior to the action in question, and not more than ninety (90) days and not less than twenty (20) days prior to the relevant record date or the date fixed for determining stockholders entitled to participate therein, as the case may be.