Founder Registrable Securities

Founder Registrable Securities. Shall mean (i) any shares of Common Stock now held, or hereafter acquired, by the Founder and (ii) any other securities issued and issuable with respect to any such shares described in clause (i) above by way of a stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization (it being understood that for purposes of this Agreement, the Founder will be deemed to be a holder of Founder Registrable Securities whenever... the Founder has the right to then acquire or obtain from the Company any Founder Registrable Securities, whether or not such acquisition has actually been effected); PROVIDED, HOWEVER, that notwithstanding anything to the contrary contained herein, "REGISTRABLE SECURITIES" shall not at any time include any securities (i) sold pursuant to an effective registration statement under the Securities Act, (ii) sold to the public pursuant to Rule 144 promulgated under the Securities Act or (iii) eligible for resale by the Founder without volume limitations under subsection (k) of Rule 144 promulgated under the Securities Act. View More

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.