Document ID: 16768

Text:
4.Registration Expenses . All fees and expenses incident to the Companys performance of or compliance with its obligations under this Agreement (excluding any underwriting discounts and selling commissions and all legal fees and expenses of legal counsel for any Holder) shall be borne by the Company whether or not any Registrable Securities are sold pursuant to a Registration Statement. The fees and expenses referred to in the foregoing sentence shall include, without limitation, (i) all registration and filing fees (including, without limitation, fees and expenses (A) with respect to filings required to be made with any Trading Market on which the Common Stock is then listed for trading, (B) with respect to compliance with applicable state securities or Blue Sky laws (including, without limitation, fees and disbursements of counsel for the Company in connection with Blue Sky qualifications or exemptions of the Registrable Securities and determination of the eligibility of the Registrable Securities for investment under the laws of such jurisdictions as requested by the Holders, but not including any jurisdictions outside the United States) and (C) if not previously paid by the Company pursuant to Section 3(j) hereof, with respect to any filing that may be required to be made by any broker through which a Holder intends to make sales of Registrable Securities with FINRA pursuant to FINRA Rule 5110), (ii) printing expenses (including, without limitation, expenses of printing certificates for Registrable Securities and of printing prospectuses if the printing of prospectuses is reasonably requested by the Holders of a majority of the Registrable Securities included in the Registration Statement), (iii) messenger, telephone and delivery expenses, (iv) fees and disbursements of counsel for the Company, (v) Securities Act liability insurance, if the Company so desires such insurance, and (vi) fees and expenses of all other Persons retained by the Company in connection with the consummation of the transactions contemplated by this Agreement. In addition, the Company shall be responsible for all of its internal expenses incurred in connection with the consummation of the transactions contemplated by this Agreement (including, without limitation, all salaries and expenses of its officers and employees performing legal or accounting duties), the expense of any annual audit and the fees and expenses incurred in connection with the listing of the Registrable Securities on any securities exchange as required hereunder. In no event shall the Company be responsible for any underwriting, broker or similar fees or commissions of any Holder or any legal fees or other costs of the Holders.

Named Entities:
247
249
Regulation
324
325
Act

Tokenized Text:
4
.
Registration
Expenses
.
All
fees
and
expenses
incident
to
the
Companys
performance
of
or
compliance
with
its
obligations
under
this
Agreement
(
excluding
any
underwriting
discounts
and
selling
commissions
and
all
legal
fees
and
expenses
of
legal
counsel
for
any
Holder
)
shall
be
borne
by
the
Company
whether
or
not
any
Registrable
Securities
are
sold
pursuant
to
a
Registration
Statement
.
The
fees
and
expenses
referred
to
in
the
foregoing
sentence
shall
include
,
without
limitation
,
(
i
)
all
registration
and
filing
fees
(
including
,
without
limitation
,
fees
and
expenses
(
A
)
with
respect
to
filings
required
to
be
made
with
any
Trading
Market
on
which
the
Common
Stock
is
then
listed
for
trading
,
(
B
)
with
respect
to
compliance
with
applicable
state
securities
or
Blue
Sky
laws
(
including
,
without
limitation
,
fees
and
disbursements
of
counsel
for
the
Company
in
connection
with
Blue
Sky
qualifications
or
exemptions
of
the
Registrable
Securities
and
determination
of
the
eligibility
of
the
Registrable
Securities
for
investment
under
the
laws
of
such
jurisdictions
as
requested
by
the
Holders
,
but
not
including
any
jurisdictions
outside
the
United
States
)
and
(
C
)
if
not
previously
paid
by
the
Company
pursuant
to
Section
3
(
j
)
hereof
,
with
respect
to
any
filing
that
may
be
required
to
be
made
by
any
broker
through
which
a
Holder
intends
to
make
sales
of
Registrable
Securities
with
FINRA
pursuant
to
FINRA
Rule
5110
)
,
(
ii
)
printing
expenses
(
including
,
without
limitation
,
expenses
of
printing
certificates
for
Registrable
Securities
and
of
printing
prospectuses
if
the
printing
of
prospectuses
is
reasonably
requested
by
the
Holders
of
a
majority
of
the
Registrable
Securities
included
in
the
Registration
Statement
)
,
(
iii
)
messenger
,
telephone
and
delivery
expenses
,
(
iv
)
fees
and
disbursements
of
counsel
for
the
Company
,
(
v
)
Securities
Act
liability
insurance
,
if
the
Company
so
desires
such
insurance
,
and
(
vi
)
fees
and
expenses
of
all
other
Persons
retained
by
the
Company
in
connection
with
the
consummation
of
the
transactions
contemplated
by
this
Agreement
.
In
addition
,
the
Company
shall
be
responsible
for
all
of
its
internal
expenses
incurred
in
connection
with
the
consummation
of
the
transactions
contemplated
by
this
Agreement
(
including
,
without
limitation
,
all
salaries
and
expenses
of
its
officers
and
employees
performing
legal
or
accounting
duties
)
,
the
expense
of
any
annual
audit
and
the
fees
and
expenses
incurred
in
connection
with
the
listing
of
the
Registrable
Securities
on
any
securities
exchange
as
required
hereunder
.
In
no
event
shall
the
Company
be
responsible
for
any
underwriting
,
broker
or
similar
fees
or
commissions
of
any
Holder
or
any
legal
fees
or
other
costs
of
the
Holders
.