The securities are subject to certain piggy-back registration
Rynkowski into a piggy-back registration
rights agreement and an employment agreement, is expected to close in December 2006.
GLAC will grant the purchaser demand and piggy-back registration
rights with respect to the shares following the closing of the proposed acquisition similar to those granted in connection with the previous purchases.
BOS received certain piggy-back registration
rights with respect to the shares underlying the warrant.
GLAC will grant the purchaser certain demand and piggy-back registration
rights with respect to the shares following the closing of the proposed acquisition.
Intraop Medical has also agreed to grant piggy-back registration
rights for the shares of common stock issuable upon exercise of the warrant for resale under the Securities Act of 1933, as amended.
The Company will not be paying any broker's or finder's fees in connection with this private placement or granting registration rights, other than for typical piggy-back registration
The placement agent warrants will contain certain anti-dilution provisions, a piggy-back registration
right, a cashless exercise provision and other customary provisions.
Laurus and Midsummer also have piggy-back registration
rights to the extent that there is not an effective registration statement covering the Underlying Shares at any required time.
The stock portion of the purchase price is subject to a one-year lock-up period and is entitled to certain customary demand and piggy-back registration
rights after the end of the lock-up period.
COG has granted Sellers certain Piggy-Back registration
rights to the restricted common shares in the event COG files an SEC Registration Statement for its common shares.
The shares will have piggy-back registration
rights commencing six months after the completion of the acquisition.