Common use of Foreign Holders Clause in Contracts

Foreign Holders. The Subscription Agent shall refrain from delivering Subscription Certificates to Foreign Holders, and shall hold such Subscription Certificates for the account of Foreign Holders subject to such Stockholder making satisfactory arrangements with the Subscription Agent for the exercise or other disposition of the Rights evidenced thereby, and shall follow the instructions of such Stockholder for the exercise of such Rights if such instructions are received prior to the Expiration Time.