Eligible Registration

Eligible Registration. Shall mean any of the first three occasions the Company proposes to register any shares of the Common Stock in any manner which would permit registration of Eligible Securities for public sale under the Securities Act pursuant to the terms and conditions of Section 3 hereof. If the Company terminates any Eligible Registration prior to its effectiveness or if the Selling Stockholders are unable to sell at least 90% of the Eligible Securities they requested to sell in the Eligible Registration,... such registration shall not count as an Eligible Registration. View More