Common use of Demand for Registration Clause in Contracts

Demand for Registration. If at any time after six (6) months following the effective date of the Company’s IPO, the Company receives from the Initiating Holders a written request that the Company effect a registration pursuant to this Section 2.1 with respect to shares of Registrable Securities, the Company will: (a) promptly and within ten (10) days after the receipt of such request, give written notice of the proposed registration to all other Holders; and (b) file a registration statement under the Securities Act of all Registrable Securities which the Holders request to be registered, subject to the limitations of this Section 2.1, not sooner than five (5) Business Days but within thirty (30) days of the mailing of such notice by the Company in accordance with Section 3.7 hereof and effect such registration statement as soon as practicable. (c) Notwithstanding the foregoing, the Company shall not be obligated to take any action to effect or complete any such registration pursuant to this Section 2.1: (i) In any particular jurisdiction in which the Company would be required to execute a general consent to service of process in effecting such registration, qualification or compliance unless the Company is already subject to service in such jurisdiction and except as may be required by the Securities Act; (ii) Following the filing of, and for one hundred eighty (180) days immediately following the effective date of, any registration statement pertaining to Equity Securities of the Company (other than a registration of securities with respect to an employee benefit plan); (iii) After the Company has effected two (2) such demand registrations pursuant to this Section 2.1; or (iv) If the Initiating Holders propose to dispose of shares of Registrable Securities that may be immediately registered on Form F-3 pursuant to a request made pursuant to Section 2.3 below.

Demand for Registration. If In case the Company shall receive from Initiating Holders a written demand that the Company effect any Registration with respect to all or a part of the Shares at any time after six (6) months, and until two years and six months following the effective date of the Company’s IPO, the Company receives from the Initiating Holders a written request that the Company effect a registration pursuant to this Section 2.1 with respect to shares of Registrable SecuritiesInitial Closing, the Company will: (ai) promptly and within ten (10) days after the receipt of such request, give written notice of the proposed registration Registration to all other Holders; and (bii) use its diligent efforts to effect such Registration within 90 days of receipt of such written demand (including, without limitation, the execution of an undertaking to file a registration statement post-effective amendments and appropriate compliance with applicable regulations issued under the Securities Act and any other governmental requirements or regulations), as may be so requested and as would permit or facilitate the public offer and sale, for a period of not less than nine (9) consecutive months (the "Effectiveness Period") of all Registrable Securities which the Holders request to be registered, subject to the limitations of this Section 2.1, not sooner than five (5) Business Days but within thirty (30) days of the mailing or such portion of such notice Shares as are specified in such request in writing received by the Company in accordance with Section 3.7 hereof and effect within fifteen (15) days after receipt of such registration statement as soon as practicable. (c) Notwithstanding written notice from the foregoingCompany; provided, that the Company shall not be obligated to take any action to effect or complete any such registration Registration pursuant to this Section 2.1: (iA) In any particular jurisdiction in which the Company would be required to execute a general consent to service of process in effecting such registration, qualification or compliance Registration unless the Company is already subject to service in such jurisdiction and except as may be required by the Securities Act; (iiB) Following If the filing of, and for one hundred eighty (180) days immediately following the effective date of, any registration statement pertaining Shares have been Registered pursuant to Equity Securities Section 2.2 of the Company (other than a registration of securities with respect to an employee benefit plan);this Agreement; or (iiiC) After the Company has effected two one (21) such demand registrations Registration pursuant to this Section 2.1; or (iv) If 2.1(a), such Registration has been declared or ordered effective and the Initiating Holders propose to dispose of shares of Registrable Securities that may be immediately registered on Form F-3 securities offered pursuant to such Registration have been sold. Subject to the foregoing clauses (A) through (C), the Company shall file a request made registration statement covering the Shares so requested pursuant to this Section 2.3 below2.1(a).