Common use of Transfer to Third Parties Clause in Contracts

Transfer to Third Parties. If the Holder transfers all of its Registrable Shares to any other person or entity (the "Transferee") other than pursuant to a registration statement filed in response to demand made under Section 1 hereof or pursuant to Rule 144(k) under the 1933 Act, then, if so requested by the holder in writing, the Company shall enter into an appropriate agreement with the Transferee (or an appropriate amendment to this Agreement) which provides that the Transferee shall have the same rights and same obligations with regard to registration of the Registrable Shares and related matters as are granted to the Holder hereunder.