Common use of Form F-3 Registration Clause in Contracts

Form F-3 Registration. 4.1. Following six (6) months after the IPO, and subject to Sections 4.1.1 – 4.1.3 below of this Section 4.1, if the Company shall receive from the Initiating Holders a written request or requests that the Company effect a registration on Form F-3 and any related qualification or compliance with respect to all or a part of the Registrable Securities owned by such Holder or Holders, then the Company will promptly give written notice of the proposed registration and the Holder’s or Holders’ request therefore, and any related qualification or compliance, to all other Holders of Registrable Securities and as soon as practicable, effect such registration and all such qualifications and compliances as may be so requested and as would permit or facilitate the sale and distribution of all or such portion of such Holders or Holders’ Registrable Securities as are specified in such request, together with all or such portion of the Registrable Securities of any other Holder or Holders joining in such request as are specified in a written request given within twenty (20) days after the Company provides the notice contemplated above; provided, however, that the Company shall not be obligated to effect any such registration, qualification or compliance pursuant to this Section 4: 4.1.1. if Form F-3 is not available for such offering by the Holders; 4.1.2. if the Holders, together with the holders of any other securities of the Company entitled to inclusion in such registration, propose to sell Registrable Securities and such other securities (if any) at an aggregate price to the public of less than $1,000,000; 4.1.3. if the Company has, within the six (6) month period preceding the date of such request, already effected a registration on Form F-3 under the Securities Act other than a registration from which the Registrable Securities of Holders have been excluded (with respect to all or any portion of the Registrable Securities the Holders requested be included in such registration).