Common use of Managing Underwriter Clause in Contracts

Managing Underwriter. The managing underwriter or underwriters of any underwritten public offering covered by a Demand Registration shall be selected by the Holders of a majority of the shares of Registrable Securities to be included in such registration and shall be reasonably acceptable to the Company. For the purposes hereof, the parties hereto agree that Salomon Smith Barney shall be an acceptable underwriter.

Managing Underwriter. The managing underwriter or underwriters of any underwritten public offering covered by a Demand Registration shall be selected by the Holders of a majority of the shares of Registrable Securities to be included in such registration and shall be reasonably acceptable to the Company. For the purposes hereof, the parties hereto agree that Salomon Smith ▇▇▇▇▇▇▇ ▇▇▇▇▇ Barney shall be an acceptable underwriter.