Common use of Piggyback Clause in Contracts

Piggyback. If at any time the Company shall determine to file with the Securities and Exchange Commission a registration statement relating to an offering for its own account or the account of others of any its Common Stock (“Registration Statement”)(other than on Form S-4 or Form S-8 or their then-equivalents relating to equity securities to be issued solely in connection with any acquisition of any entity or business or equity securities issuable in connection with stock option or other employee benefit plans), the Company shall send to the written notice of such determination and, unless objected to in writing by the Buyer by written notice delivered to the Company within five (5) days after the date of such notice from the Company, the Company shall include in such Registration Statement all shares issuable upon conversion of this Note (“Registrable Securities”).

Appears in 3 contracts

Sources: Securities Purchase Agreement (Madison Technologies Inc.), Securities Purchase Agreement (Cruzani, Inc.), Securities Purchase Agreement (Quanta Inc)