Common use of Exchangeable Securities Clause in Contracts

Exchangeable Securities. GLII shall be entitled, if it intends to offer any options, rights, warrants or other securities issued or to be issued by it or any other person that are exercisable or exchangeable for or convertible into any Registrable Securities ("Exchangeable Securities"), to register the Registrable Securities underlying such options, rights, warrants or other securities pursuant to (and subject to the limitations contained in) Section 2 of this Agreement.

Appears in 2 contracts

Sources: Shareholder Agreement (Griffith Micro Science International Inc), Shareholder Agreement (Griffith Micro Science International Inc)