Common use of IPO Date Clause in Contracts

IPO Date. In the event that the IPO Date shall not have occurred -------- on or prior to the fifth (5th) anniversary of the date hereof, the Company shall, at the request of any Qualified Holder, as promptly as is reasonably practicable after the date of such request, undertake a registration of Common Stock pursuant to an effective Registration Statement that results in the occurrence of the IPO Date; provided, however, that if the Board of Directors -------- ------- determines that such registration would interfere with any pending or contemplated material 44 acquisition, disposition, financing or other material transaction, the Company may defer such registration (including by withdrawing any Registration Statement filed in connection with such registration); provided that the aggregate of all -------- such deferrals shall not exceed one hundred twenty (120) days in any 360-day period. Any such registration pursuant shall be pursuant to an underwritten offering. Each Stockholder agrees to cooperate in such registration, including, without limitation, entering into customary holdback agreements.

IPO Date. In the event that the IPO Date shall not have occurred -------- on or -------- prior to the fifth (5th) anniversary of the date hereof, the Company shall, at the request of any Qualified Holder, as promptly as is reasonably practicable after the date of such request, undertake a registration of Common Stock pursuant to an effective Registration Statement that results in the occurrence of the IPO Date; provided, however, that if the Board of Directors determines -------- ------- determines that such registration would interfere with any pending or contemplated material 44 acquisition, disposition, financing or other material transaction, the Company may defer such registration (including by withdrawing any Registration Statement filed in connection with such registration); provided that the aggregate of all -------- such deferrals shall not exceed one hundred twenty (120) days in any 360-day period. Any such registration pursuant shall be pursuant to an underwritten offering. Each Stockholder agrees to cooperate in such registration, including, without limitation, entering into customary holdback agreements.

IPO Date. In the event that the IPO Date shall not have occurred -------- on or prior to the fifth (5th) anniversary of the date hereof, the Company shall, at the request of any Qualified Holder, as promptly as is reasonably practicable after the date of such request, undertake a registration of Common Stock pursuant to an effective Registration Statement that results in the occurrence of the IPO Date; provided, however, that if the Board of Directors -------- ------- determines that such registration would interfere with any pending or contemplated material 44 acquisition, disposition, financing or other material transaction, the Company may defer such registration (including by withdrawing any Registration Statement filed in connection with such registration); provided that the aggregate of all -------- such deferrals shall not exceed one hundred twenty (120) days in any 360-day period. Any such registration pursuant shall be pursuant to an underwritten offering. Each Stockholder agrees to cooperate in such registration, including, without limitation, entering into customary holdback agreements.