Founder Registrable Securities

Founder Registrable Securities. Means the Registrable Securities purchased by the Founders in private placement transactions prior to or concurrently with the Company's initial public offering.

Founder Registrable Securities. Means (i) the shares of Common Stock held by the Founder, and (ii) any Common Stock issued as (or issuable upon the conversion or exercise of any warrant, right, or other security that is issued as) a dividend or other distribution with respect to, or in exchange for, or in replacement of, such shares.