No Shelf Registration. Parent shall not be required to --------------------- amend or maintain the effectiveness of the Registration Statement for the purpose of permitting resale of the shares of Parent Common Stock received pursuant hereto by the Persons who may be deemed to be Rule 145 Affiliates of NorthPoint or Verizon. The shares of Parent Common Stock issuable upon exercise of options issuable pursuant to Section 2.7 hereof shall be registered under the 1933 Act and such registration shall be effective at the time of issuance.
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Sources: Merger Agreement (Northpoint Communications Group Inc)
No Shelf Registration. Parent shall not be required to --------------------- amend or maintain the effectiveness of the Registration Statement for the purpose of permitting resale of the shares of Parent Common Stock received pursuant hereto by the Persons who may be deemed to be Rule 145 Affiliates of NorthPoint or Verizon. The shares of Parent Common Stock issuable upon exercise of options issuable pursuant to Section 2.7 hereof shall be registered under the 1933 Act and such registration shall be effective at the time of issuance.
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