Document:

Registration Rights Agreement

  
 Exhibit 10.2

  
 REGISTRATION RIGHTS AGREEMENT 
  
 This REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated
as of August 31, 2005, is by and between MICROVISION, INC., a Delaware corporation (the “Company”), and each of the entities whose names appear on the signature pages hereof. Such entities are each referred to herein as an
“Investor” and, collectively, as the “Investors”. 
  
 A. The Company has agreed, on the terms and subject to the conditions set forth in the Securities Purchase Agreement, dated as of August 31, 2005 (the “Securities Purchase Agreement”), to issue and
sell to each Investor named therein (A) shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), and (B) a Warrant in the form attached to the Securities Purchase Agreement (each, a “ (each, a
“Warrant” and, collectively, the “Warrants”). 
  
 B. The Warrants are exercisable into shares of Common Stock (the “Warrant Shares”) in accordance with their terms. 
  
 In consideration of each Investor entering into the Securities Purchase Agreement, and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 
  

	 	1.	DEFINITIONS. 

  
 For purposes of this Agreement, the following terms shall have the meanings specified: 
  
 “Business Day” means any day other than a Saturday, a Sunday or a day on which the
Commission is closed or on which banks in the City of New York are authorized by law to be closed. 
  
 “Commission” means the Securities and Exchange Commission. 
  
 “Effective Date” means the date on which the Registration Statement is declared effective
by the Commission. 
  
 “Filing
Deadline” means the thirtieth (30th) calendar day following the Closing Date. 
  
 “Holder” means any person owning or having the right to acquire, through exercise of the Warrants or otherwise,
Registrable Securities, including initially each Investor and thereafter any permitted assignee thereof. 
  
 “Registrable Securities” means (i) the Shares and the Warrant Shares and any other shares of Common Stock issuable
pursuant to the terms of the Securities Purchase Agreement or the Warrants, and (ii) any shares of capital stock issued or issuable from time 

 
to time (with any adjustments) in replacement of, in exchange for or otherwise in respect of the Shares or the Warrant Shares. 
  
 “Registration Deadline” means the earlier
to occur of (i) the one hundred twentieth (120th) calendar day following the Closing Date and (ii) the tenth
(10th) Business Day following the day on which the Commission informs the Company that no review of the Registration
Statement will be made by the staff of the Commission or that the staff of the Commission has no further comments on the Registration Statement. 
  
 “Registration Period” has the meaning set forth in paragraph 2(c) below. 
  
 “Registration Statement” means a
registration statement or statements prepared in compliance with the Securities Act and pursuant to Rule 415 under the Securities Act (“Rule 415”) or any successor rule providing for the offering of securities on a continuous or
delayed basis. 
  
 Capitalized terms used herein and not otherwise
defined shall have the respective meanings specified in the Securities Purchase Agreement. 
  

	 	2.	REGISTRATION. 

  
 (a) Filing of Registration Statement. On or before the Filing Deadline (or, if the Filed S-3 Effective Date occurs prior to the
Filing Deadline, then as soon as practicable after the Filed S-3 Effective Date but in no event later than the Filing Deadline), the Company shall prepare and file with the Commission a Registration Statement on Form S-3 pursuant to Rule 415 under
the Securities Act covering the resale of a number of shares of Registrable Securities equal to the sum of (i) the aggregate number of Shares issued under the Securities Purchase Agreement plus (ii) the aggregate number of shares of Common
Stock issuable on the Closing Date pursuant to the exercise of the Warrants (such number to be determined using the Exercise Price in effect on such date and without regard to any restriction on the ability of any Holder to exercise such
Holder’s Warrant as of such date). Such Registration Statement shall state, to the extent permitted by Rule 416 under the Securities Act, that it also covers such indeterminate number of additional shares of Common Stock as may become issuable
upon the exercise of the Warrants in order to prevent dilution resulting from stock splits, stock dividends or similar events. Notwithstanding the foregoing, if the Company does not meet the eligibility requirements for filing a Registration
Statement on Form S-3, then the Company shall instead prepare and file with the Commission a Registration Statement meeting the foregoing requirements of Form S-1 or Form S-2, and in such event, the Company shall re-file such Registration Statement,
or file a new Registration Statement covering at least the number of shares then registered on the existing Registration Statement (and not previously sold pursuant to the existing Registration Statement or pursuant to Rule 144 under the Securities
Act (“Rule 144”)), on Form S-3 as promptly as practicable (but in no event later than thirty (30) days) after the Company meets the eligibility requirements to use Form S-3 for the resale of Registrable Securities by each Investor.

  
 (b) Effectiveness. The Company shall
use its best efforts to cause the Registration Statement to become effective as soon as practicable following the filing thereof, but in 

  

 2 

 
no event later than the Registration Deadline. The Company shall respond promptly to any and all comments made by the staff of the Commission with respect to
the Registration Statement, and shall submit to the Commission, within two (2) Business Days after the Company learns that no review of the Registration Statement will be made by the staff of the Commission or that the staff of the Commission has no
further comments on the Registration Statement, as the case may be, a request for acceleration of the effectiveness of such Registration Statement to a time and date not later than two (2) Business Days after the submission of such request. The
Company will maintain the effectiveness of each Registration Statement filed pursuant to this Agreement until the earlier to occur of (i) the date on which all of the Registrable Securities eligible for resale thereunder have been publicly sold
pursuant to either the Registration Statement or Rule 144, (ii) the date on which all of the Registrable Securities remaining to be sold under such Registration Statement (in the reasonable opinion of counsel to the Company) may be immediately sold
to the public under Rule 144(k) under the Securities Act (“Rule 144(k)”) or any successor provision, and (iii) the second anniversary of the Closing Date (the period beginning on the Closing Date and ending on the earlier to occur
of (i), (ii) and (iii) above being referred to herein as the “Registration Period”). 
  
 (c) Registration Default. If (i) the Registration Statement is not filed on or before the Filing Deadline or declared effective by
the Commission on or before the Registration Deadline, (ii) after the Registration Statement has been declared effective by the Commission, sales of Registrable Securities (other than such Registrable Securities as are then freely saleable pursuant
to Rule 144(k)) cannot be made by a Holder under a Registration Statement for any reason not within the exclusive control of such Holder (other than during a Black-out Period (as defined below)), (iii) the Common Stock ceases to be listed on the
Nasdaq National Market, the Nasdaq Small Cap Market or the New York Stock Exchange, or (iv) an amendment or supplement to a Registration Statement, or a new registration statement, required to be filed pursuant to the terms of paragraph 4(j) below
is not filed on or before the date required by such paragraph (each of the foregoing clauses (i), (ii), (iii), (iv) or (v) being referred to herein as a “Registration Default”), the Company shall make cash payments to each Holder
equal to one percent (1%) of the aggregate Purchase Price paid by such Holder for such Holder’s Shares and Warrant for each thirty (30) day period in which a Registration Default exists, such payment to be pro rated for any portion of any such
thirty (30) day period. Each such payment required to be made under this paragraph 2(d) shall be made within five (5) Business Days following the last day of each calendar month in which a Registration Default exists. Any such payment shall be in
addition to any other remedies available to each Holder at law or in equity, whether pursuant to the terms hereof, the Securities Purchase Agreement or otherwise. 
  
 (d) Allocation of Shares and Warrant Shares. The initial number of Shares and Warrant Shares included
in any Registration Statement and each increase in the number thereof included therein shall be allocated pro rata among the Holders based on the aggregate number of Registrable Securities issued or issuable to each Holder at the time the
Registration Statement covering such initial number of Registrable Securities or increase thereof is declared effective by the Commission (provided that the number of Warrant Shares issuable to a Holder shall be determined using the Exercise Price
in effect at such time and without regard to any restriction on the ability of such Holder to exercise such Holder’s Warrants as of such date). In the event that a Holder sells or otherwise transfers any of such Holder’s Registrable
Securities, each transferee shall be allocated the portion of the then remaining number of Registrable Securities included in such Registration Statement allocable to the transferor. 
  

 3 

 (e) Registration of Other Securities. During the period beginning on the date
hereof and ending on the Filed S-3 Effective Date, the Company shall refrain from filing any registration statement (other than (i) a Registration Statement filed hereunder, or (ii) a registration statement on Form S-8 with respect to stock option
plans and agreements and stock plans currently in effect and disclosed in the Securities Purchase Agreement or the schedules thereto). In no event shall the Company include any securities other than Registrable Securities on any Registration
Statement filed by the Company on behalf of the Holders pursuant to the terms hereof. 
  

	 	3.	PIGGYBACK REGISTRATION. 

  
 If at any time prior to the expiration of the Registration Period, (i) the Company proposes to register shares of Common Stock under the Securities Act in
connection with the public offering of such shares for cash (a “Proposed Registration”) other than a registration statement on Form S-8 or Form S-4 or any successor or other forms promulgated for similar purposes and (ii) a
Registration Statement covering the sale of all of the Registrable Securities is not then effective and available for sales thereof by the Holders, the Company shall, at such time, promptly give each Holder written notice of such Proposed
Registration. Each Holder shall have ten (10) Business Days from its receipt of such notice to deliver to the Company a written request specifying the amount of Registrable Securities that such Holder intends to sell and such Holder’s intended
method of distribution. Upon receipt of such request, the Company shall use its best efforts to cause all Registrable Securities which the Company has been requested to register to be registered under the Securities Act to the extent necessary to
permit their sale or other disposition in accordance with the intended methods of distribution specified in the request of such Holder; provided, however, that the Company shall have the right to postpone or withdraw any registration effected
pursuant to this Section 3 without obligation to the Holders. If, in connection with any underwritten public offering for the account of the Company or for stockholders of the Company that have contractual rights to require the Company to register
shares of Common Stock, the managing underwriter(s) thereof shall impose a limitation on the number of shares of Common Stock which may be included in a registration statement because, in the judgment of such underwriter(s), marketing or other
factors dictate such limitation is necessary to facilitate such offering, then the Company shall be obligated to include in the registration statement only such limited portion of the Registrable Securities with respect to which each Holder has
requested inclusion hereunder as such underwriter(s) shall permit. Any exclusion of Registrable Securities shall be made pro rata among the Holders seeking to include Registrable Securities in a registration statement, in proportion to the
number of Registrable Securities sought to be included by such Holders; provided, however, that the Company shall not exclude any Registrable Securities unless the Company has first excluded all outstanding securities, the holders of which
are not entitled to inclusion of such securities in the registration statement or are not entitled to pro rata inclusion with the Registrable Securities; and provided, further, that, after giving effect to the immediately preceding
proviso, any exclusion of Registrable Securities shall be made pro rata with holders of other securities having the right to include such securities in the registration statement. 
  

 4 

	 	4.	OBLIGATIONS OF THE COMPANY. 

  
 In addition to performing its obligations hereunder, including without limitation those pursuant to Sections 2 and 3 above, the Company shall, with
respect to each Registration Statement: 
  
 (a)
prepare and file with the Commission such amendments and supplements to such Registration Statement and the prospectus used in connection with such Registration Statement as may be necessary to comply with the provisions of the Securities Act or to
maintain the effectiveness of such Registration Statement during the Registration Period, or as may be reasonably requested by a Holder in order to incorporate information concerning such Holder or such Holder’s intended method of distribution;

  
 (b) promptly following the Closing, use its
best efforts to secure the listing on the Nasdaq National Market of the Shares and all Registrable Securities issuable upon exercise of the Warrants, and provide each Holder with reasonable evidence thereof; 
  
 (c) so long as a Registration Statement is effective
covering the resale of the applicable Registrable Securities owned by a Holder, furnish to each Holder such number of copies of the prospectus included in such Registration Statement, including a preliminary prospectus, in conformity with the
requirements of the Securities Act, and such other documents as such Holder may reasonably request in order to facilitate the disposition of such Holder’s Registrable Securities; 
  
 (d) use commercially reasonable efforts to register or qualify the Registrable Securities under the
securities or “blue sky” laws of such jurisdictions within the United States as shall be reasonably requested from time to time by a Holder, and do any and all other acts or things which may reasonably be necessary or advisable to enable
such Holder to consummate the public sale or other disposition of the Registrable Securities in such jurisdictions; provided that the Company shall not be required in connection therewith or as a condition thereto to qualify to do business or
to file a general consent to service of process in any such jurisdiction; 
  
 (e) notify each Holder immediately after becoming aware of the occurrence of any event (but shall not, without the prior written consent of such Holder, disclose to such Holder any facts or circumstances constituting
material non-public information) as a result of which the prospectus included in such Registration Statement, as then in effect, contains an untrue statement of material fact or omits to state a material fact required to be stated therein or
necessary to make the statements therein not misleading in light of the circumstances then existing, and as promptly as practicable prepare and file with the Commission and furnish to each Holder a reasonable number of copies of a supplement or an
amendment to such prospectus as may be necessary so that such prospectus does not contain an untrue statement of material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading
in light of the circumstances then existing; 
  
 (f) use commercially reasonable efforts to prevent the issuance of any stop order or other order suspending the effectiveness of such Registration Statement and, if such an order is issued, to use commercially reasonable efforts to obtain
the withdrawal thereof at the earliest 

  

 5 

 
possible time and to notify each Holder in writing of the issuance of such order and the resolution thereof; 
  
 (g) furnish to each Holder, on the date that such
Registration Statement, or any successor registration statement, becomes effective, a letter, dated such date, signed by an officer of the Company or of outside counsel to the Company (and reasonably acceptable to such Holder) addressed to such
Holder, confirming such effectiveness and, to the knowledge of such officer or counsel, the absence of any stop order; 
  
 (h) provide to each Holder and its representatives the reasonable opportunity to conduct, subject to confidentiality agreements reasonably
acceptable to the Company, a reasonable inquiry of the Company’s financial and other records during normal business hours and make available during normal business hours and with reasonable advance notice its officers, directors and employees
for questions regarding information which such Holder may reasonably request in order to fulfill any due diligence obligation on its part; 
  
 (i) permit counsel for each Holder to review such Registration Statement and all amendments and supplements thereto, and any comments made
by the staff of the Commission concerning such Holder and/or the transactions contemplated by the Transaction Documents and the Company’s responses thereto, within a reasonable period of time prior to the filing thereof with the Commission (or,
in the case of comments made by the staff of the Commission, within a reasonable period of time following the receipt thereof by the Company); and 
  
 (j) in the event that, at any time, the number of shares available under the Registration Statement is insufficient to cover the sum of
(i) the aggregate number of Shares plus (ii) the aggregate number of Warrant Shares that are Registrable Securities then outstanding or issuable under the Warrants (such number to be determined using the Exercise Price in effect at such time
and without regard to any restriction on the ability of any Holder to exercise such Holder’s Warrant), the Company shall promptly amend such Registration Statement or file a new registration statement, in any event as soon as practicable, but
not later than the tenth (10th) day following notice from a Holder of the occurrence of such event, so that such
Registration Statement or such new registration statement, or both, covers no less than the sum of (i) the aggregate number of Shares plus (ii) the aggregate number of the Warrant Shares that are Registrable Securities eligible for resale
thereunder. The Company shall use its best efforts to cause such amendment and/or new Registration Statement to become effective as soon as practicable following the filing thereof. Any Registration Statement filed pursuant to this paragraph 4(j)
shall state that, to the extent permitted by Rule 416 under the Securities Act, such Registration Statement also covers such indeterminate number of additional shares of Common Stock as may become issuable upon exercise of the Warrants in order to
prevent dilution resulting from stock splits, stock dividends or similar events. Unless and until such amendment or new Registration Statement becomes effective, each Holder shall have the rights described in paragraph 2(d) above. 
  

 6 

	 	5.	PERMITTED SUSPENSION. 

  
 (a) Black-Out Period. Notwithstanding the Company’s obligations under this Agreement, if in the good faith judgment of the
Company, following consultation with legal counsel, it would be detrimental to the Company or its stockholders for resales of Registrable Securities to be made pursuant to the Registration Statement due to the existence of a material development
involving the Company which the Company would be obligated to disclose in the Registration Statement, which disclosure would be premature or otherwise inadvisable at such time or would have a Material Adverse Effect upon the Company and its
stockholders, the Company shall have the right to suspend the use of the Registration Statement for a period of not more than thirty (30) days (the “Black-out Period”); provided, however, that the Company may so defer or
suspend the use of the Registration Statement for no more than thirty (30) days in any twelve-month period and not within 30 days of the end of any prior Black-out Period. 
  
 (b) Suspension. Notwithstanding anything to the contrary contained herein or in the Securities
Purchase Agreement, if the use of the Registration Statement is suspended by the Company, the Company shall promptly give written notice of the suspension to the Investors and shall promptly notify the Investors in writing as soon as the use of the
Registration Statement may be resumed. 
  

	 	6.	OBLIGATIONS OF EACH HOLDER. 

  
 In connection with the registration of Registrable Securities pursuant to a Registration Statement, and as a condition to the Company’s obligations
under Section 2 hereof, each Holder shall: 
  
 (a) timely furnish to the Company in writing (i) a completed Shareholder Questionnaire and (ii) such information in writing regarding itself and the intended method of disposition of such Registrable Securities as the Company shall
reasonably request in order to effect the registration thereof; 
  
 (b) upon receipt of any notice from the Company of the happening of any event of the kind described in paragraphs 4(e) or 4(f) or of the commencement of a Black-out Period, immediately discontinue any sale or other
disposition of such Registrable Securities pursuant to such Registration Statement until the filing of an amendment or supplement as described in paragraph 4(e) or withdrawal of the stop order referred to in paragraph 4(f), or the termination of the
Black-out Period, as the case may be, and use commercially reasonable efforts to maintain the confidentiality of such notice and its contents; 
  
 (c) to the extent required by applicable law, deliver a prospectus to the purchaser of such Registrable Securities; 
  
 (d) notify the Company when it has sold all of the
Registrable Securities held by it; and 
  

 7 

 (e) notify the Company in the event that any information supplied by such Holder in
writing for inclusion in such Registration Statement or related prospectus is untrue or omits to state a material fact required to be stated therein or necessary to make such information not misleading in light of the circumstances then existing;
immediately discontinue any sale or other disposition of such Registrable Securities pursuant to such Registration Statement until the filing of an amendment or supplement to such prospectus as may be necessary so that such prospectus does not
contain an untrue statement of material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances then existing; and use commercially reasonable
efforts to assist the Company as may be appropriate to make such amendment or supplement effective for such purpose. 
  

	 	7.	INDEMNIFICATION. 

  
 In the event that any Registrable Securities are included in a Registration Statement under this Agreement: 
  
 (a) To the extent permitted by law, the Company shall
indemnify and hold harmless each Holder, the officers, directors, employees, agents and representatives of such Holder, and each person, if any, who controls such Holder within the meaning of the Securities Act or the Securities Exchange Act of
1934, as amended (the “Exchange Act”), against any losses, claims, damages, liabilities or reasonable out-of-pocket expenses (whether joint or several) (collectively, including reasonable legal expenses or other expenses reasonably
incurred in connection with investigating or defending same, “Losses”), insofar as any such Losses arise out of or are based upon (i) any untrue statement or alleged untrue statement of a material fact contained in such Registration
Statement under which such Registrable Securities were registered, including any preliminary prospectus or final prospectus contained therein or any amendments or supplements thereto, or (ii) the omission or alleged omission to state therein a
material fact required to be stated therein, or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading. Subject to the provisions of paragraph 7(c) below, the Company will reimburse such
Holder, and each such officer, director, employee, agent, representative or controlling person, for any reasonable legal expenses or other out-of-pocket expenses as reasonably incurred by any such entity or person in connection with investigating or
defending any Loss; provided, however, that the foregoing indemnity shall not apply to amounts paid in settlement of any Loss if such settlement is effected without the consent of the Company (which consent shall not be unreasonably
withheld), nor shall the Company be obligated to indemnify any person for any Loss to the extent that such Loss is (i) based upon and is in conformity with written information furnished by such person expressly for use in such Registration Statement
or (ii) based on a failure of such person to deliver or cause to be delivered the final prospectus contained in the Registration Statement and made available by the Company, if such delivery is required by applicable law. The Company shall not enter
into any settlement of a Loss that does not provide for the unconditional release of such Holder from all liabilities and obligations relating to such Loss. 
  
 (b) To the extent permitted by law, each Holder who is named in such Registration Statement as a selling stockholder, acting severally and
not jointly, shall indemnify and hold harmless the Company, the officers, directors, employees, agents and representatives of the Company, and each person, if any, who controls the Company within the meaning of the Securities Act or the Exchange
Act, against any Losses to the extent (and only to the extent) that any such 

  

 8 

 
Losses are based upon and in conformity with written information furnished by such Holder expressly for use in such Registration Statement. Subject to the
provisions of paragraph 7(c) below, such Holder will reimburse any legal or other expenses as reasonably incurred by the Company and any such officer, director, employee, agent, representative, or controlling person, in connection with investigating
or defending any such Loss; provided, however, that the foregoing indemnity shall not apply to amounts paid in settlement of any such Loss if such settlement is effected without the consent of such Holder (which consent shall not be
unreasonably withheld); and provided, further, that, in no event shall any indemnity under this paragraph 7(b) exceed the net proceeds resulting from the sale of the Registrable Securities sold by such Holder under such Registration
Statement. 
  
 (c) Promptly after receipt by an
indemnified party under this Section 7 of notice of the commencement of any action (including any governmental action), such indemnified party will, if a claim in respect thereof is to be made against any indemnifying party under this Section 7,
promptly deliver to the indemnifying party a written notice of the commencement thereof and the indemnifying party shall have the right to participate in and to assume the defense thereof with counsel selected by the indemnifying party and
reasonably acceptable to the indemnified party; provided, however, that an indemnified party shall have the right to retain its own counsel, with the reasonably incurred fees and expenses of one such counsel for all indemnified parties to be
paid by the indemnifying party, if representation of such indemnified party by the counsel retained by the indemnifying party would be inappropriate under applicable standards of professional conduct due to actual or potential conflicting interests
between such indemnified party and any other party represented by such counsel in such proceeding. The failure to deliver written notice to the indemnifying party within a reasonable time of the commencement of any such action, to the extent
prejudicial to its ability to defend such action, shall relieve such indemnifying party of any liability to the indemnified party under this Section 7 with respect to such action, but the omission so to deliver written notice to the indemnifying
party will not relieve it of any liability that it may have to any indemnified party otherwise than under this Section 7 or with respect to any other action unless the indemnifying party is materially prejudiced as a result of not receiving such
notice. 
  
 (d) In the event that the indemnity
provided in paragraph (a) or (b) of this Section 7 is unavailable or insufficient to hold harmless an indemnified party for any reason, the Company and each Holder agree, severally and not jointly, to contribute to the aggregate Losses to which the
Company or such Holder may be subject in such proportion as is appropriate to reflect the relative fault of the Company and such Holder in connection with the statements or omissions which resulted in such Losses; provided, however, that in
no case shall such Holder be responsible for any amount in excess of the net proceeds resulting from the sale of the Registrable Securities sold by it under the Registration Statement. Relative fault shall be determined by reference to whether any
alleged untrue statement or omission relates to information provided by the Company or by such Holder. The Company and each Holder agree that it would not be just and equitable if contribution were determined by pro rata allocation or any
other method of allocation which does not take account of the equitable considerations referred to above. Notwithstanding the provisions of this paragraph (d), no person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of
the Securities Act) shall be entitled to contribution from any person who is not guilty of such fraudulent misrepresentation. For purposes of this Section 7, each person who controls a Holder within the meaning of either the Securities Act or the
Exchange Act and each officer, director, employee, agent or representative of such Holder shall have the same rights to contribution as such 

  

 9 

 
Holder, and each person who controls the Company within the meaning of either the Securities Act or the Exchange Act and each officer, director, employee,
agent or representative of the Company shall have the same rights to contribution as the Company, subject in each case to the applicable terms and conditions of this paragraph (d). 
  
 (e) The obligations of the Company and each Holder under this Section 7 shall survive the exercise of the
Warrants in full, the completion of any offering or sale of Registrable Securities pursuant to a Registration Statement under this Agreement, or otherwise. 
  

	 	8.	REPORTS. 

  
 With a view to making available to each Holder the benefits of Rule 144 and any other similar rule or regulation of the Commission that may at any time
permit such Holder to sell securities of the Company to the public without registration, the Company agrees (until all of the Registrable Securities have been sold under a Registration Statement or pursuant to Rule 144) to: 
  
 (a) make and keep public information available, as those
terms are understood and defined in Rule 144; 
  
 (b) file with the Commission in a timely manner all reports and other documents required of the Company under the Securities Act and the Exchange Act; and 
  
 (c) furnish to such Holder, so long as such Holder owns any Registrable Securities, promptly upon written
request (i) a written statement by the Company, if true, that it has complied with the reporting requirements of Rule 144, the Securities Act and the Exchange Act, (ii) to the extent not publicly available through the Commission’s EDGAR
database, a copy of the most recent annual or quarterly report of the Company and such other reports and documents so filed by the Company with the Commission, and (iii) such other information as may be reasonably requested by such Holder in
connection with such Holder’s compliance with any rule or regulation of the Commission which permits the selling of any such securities without registration. 
  

	 	9.	MISCELLANEOUS. 

  
 (a) Expenses of Registration. Except as otherwise provided in the Securities Purchase Agreement, all reasonable expenses, other
than underwriting discounts and commissions and fees and expenses of counsel and other advisors to each Holder, incurred in connection with the registrations, filings or qualifications described herein, including (without limitation) all
registration, filing and qualification fees, printers’ and accounting fees, the fees and disbursements of counsel for the Company, and the fees and disbursements incurred in connection with the opinion and letter described in paragraph 4(g)
hereof, shall be borne by the Company. 
  
 (b)
Amendment; Waiver. Except as expressly provided herein, neither this Agreement nor any term hereof may be amended or waived except pursuant to a written instrument executed by the Company and the Holders of a majority of the Registrable
Securities that are either then outstanding or are issuable on exercise of the Warrants then outstanding (without regard to any 

  

 10 

 
limitation on such exercise). Any amendment or waiver effected in accordance with this paragraph shall be binding upon each Holder, each future Holder and
the Company. The failure of any party to exercise any right or remedy under this Agreement or otherwise, or the delay by any party in exercising such right or remedy, shall not operate as a waiver thereof. 
  
 (c) Notices. Any notice, demand or request required
or permitted to be given by the Company or a Holder pursuant to the terms of this Agreement shall be in writing and shall be deemed delivered (i) when delivered personally or by verifiable facsimile transmission, unless such delivery is made on a
day that is not a Business Day, in which case such delivery will be deemed to be made on the next succeeding Business Day, (ii) on the next Business Day after timely delivery to a reputable overnight courier and (iii) on the Business Day actually
received if deposited in the U.S. mail (certified or registered mail, return receipt requested, postage prepaid), addressed as follows: 
  
 If to the Company: 
  
 Microvision, Inc. 
 19910 North Creek Parkway

 Bothell, WA 98011 
 Attn:    General Counsel 
 Tel:       (425) 415-6847 
 Fax:       (425) 415-6795 
  
 with a copy (which shall not constitute notice) to: 
  
 Ropes & Gray LLP 
 One International Place

 Boston, MA 02110 
 Attn:    Joel F. Freedman 
 Tel:       (617) 951-7000 
 Fax:       (617) 951-7050 
  
 and if to a Holder, to such address as shall be designated by such Holder in writing to the Company. 
  
 (d) Assignment. Upon the transfer of any Warrant or Registrable Securities by a Holder, the rights of
such Holder hereunder with respect to such securities so transferred shall be assigned automatically to the transferee thereof, and such transferee shall thereupon be deemed to be a “Holder” for purposes of this Agreement, as long as: (i)
the Company is, within a reasonable period of time following such transfer, furnished with written notice of the name and address of such transferee, (ii) the transferee agrees in writing with the Company to be bound by all of the provisions hereof,
and (iii) such transfer is made in accordance with the applicable requirements of the Securities Purchase Agreement or the Warrants, as applicable. 
  
 (e) Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which
together shall be deemed one and the same instrument. This Agreement, once executed by a party, may be delivered to any other party hereto by facsimile transmission. 
  

 11 

 (f) Governing Law. This Agreement shall be governed by and construed in accordance
with the laws of the State of New York applicable to contracts made and to be performed entirely within the State of New York. 
  
 (g) Holder of Record. A person is deemed to be a Holder whenever such person owns or is deemed to own of record Registrable
Securities. If the Company receives conflicting instructions, notices or elections from two or more persons with respect to the same Registrable Securities, the Company shall act upon the basis of instructions, notice or election received from the
record owner of such Registrable Securities. 
  
 (h) Entire Agreement. This Agreement and the other Transaction Documents constitute the entire agreement among the parties hereto with respect to the subject matter hereof and thereof. There are no restrictions, promises, warranties
or undertakings, other than those set forth or referred to herein and therein. This Agreement and the other Transaction Documents supersede all prior agreements and understandings among the parties hereto with respect to the subject matter hereof
and thereof. 
  
 (i) Headings. The
headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect the meaning hereof. 
  
 (j) Third Party Beneficiaries. This Agreement is intended for the benefit of the parties hereto and their respective permitted
successors and assigns, and is not for the benefit of, nor may any provision hereof be enforced by, any other person. 
  
 [Signature Pages to Follow] 
  

 12 

  
 IN WITNESS WHEREOF, the
undersigned have executed this Registration Rights Agreement as of the date first-above written. 
  

			
	 MICROVISION, INC.

		
	By:	 	 /s/ Richard F. Rutkowski

	 	 	 Name: Richard F. Rutkowski

	 	 	 Title: Chief Executive Officer

	
	 OMICRON MASTER TRUST

	 	 	 By: Omicron Capital L.P., as advisor

	 	 	 By: Omicron Capital Inc., its general partner

		
	By:	 	 /s/ Bruce Bernstein

	 	 	 Name: Bruce Bernstein

	 	 	 Title: Managing PartnerAmendment No. 3

 EXHIBIT 10.1 
  
 AMENDMENT NO. 3 
  
 AMENDMENT NO. 3 (this “Amendment”), dated as of June 29, 2005, under the 364-Day Credit Agreement, dated as of July 10, 2002, among
Kohl’s Corporation (the “Borrower”), the Lenders party thereto, Bank One, NA, as Syndication Agent, U.S. Bank, National Association, Wachovia Bank, National Association and Fleet National Bank, as Co-Documentation Agents, and
The Bank of New York, as the Administrative Agent, as modified by (i) Extension No. 1, Waiver No. 1 And Amendment No. 1, dated as of June 30, 2003 and (ii) Extension No. 2 and Amendment No. 2, dated as of June 22, 2004 (as amended, supplemented or
otherwise modified from time to time, the “364-Day Credit Agreement”). 
  
 RECITALS 
  
 I. Capitalized
terms used herein and not defined herein shall have the meanings assigned to such terms in the 364-Day Credit Agreement. 
  
 II. The Revolving Credit Commitment Expiration Date, without giving effect to this Amendment, is July 8, 2005. The Borrower has requested that the Lenders
agree to amend the Revolving Credit Commitment Expiration Date from July 8, 2005 to October 7, 2005. 
  
 Accordingly, in consideration of the Recitals and the terms and conditions hereinafter set forth, and for other good and valuable consideration, the
receipt and adequacy of which are acknowledged, the parties hereto agree as follows: 
  
 1. The definition of “Revolving Credit Commitment Expiration Date” contained in Section 1.1 of the Credit Agreement is hereby amended by replacing the reference to “July 8, 2005” with “October
7, 2005”. 
  
 2. Paragraph 1 hereof shall not be effective
until such time as the following conditions are satisfied: 
  
 (a) on or before the existing Revolving Credit Commitment Expiration Date, the Administrative Agent shall have received this Amendment duly executed by (i) the Borrower, and (ii) all Lenders; and 
  
 (b) the Administrative Agent shall have received such
certificates, legal opinions and other documents as it shall reasonably request in connection herewith. 
  
 3. The Borrower (a) reaffirms and admits the validity and enforceability of each Loan Document and all of its obligations thereunder, (b) agrees and
admits that it has no defense to or offset against any such obligation, and (c) represents and warrants that, as of the date of the execution and delivery hereof by the Borrower, no Default has occurred and is continuing. 
  
 4. In all other respects, the Loan Documents shall remain in full force and
effect, and no waiver, consent, amendment or extension in respect of any term or condition of any Loan Document shall be deemed to be a waiver, consent, amendment or extension in respect of any other term or condition contained in any Loan Document.

 5. This Amendment may be executed in any number of counterparts all of which, when taken together, shall
constitute one agreement. In making proof of this Amendment, it shall only be necessary to produce the counterpart executed and delivered by the party to be charged. 
  
 6. THIS AMENDMENT IS BEING EXECUTED AND DELIVERED IN, AND IS INTENDED TO BE PERFORMED IN, THE STATE OF NEW YORK AND SHALL BE
CONSTRUED AND ENFORCEABLE IN ACCORDANCE WITH, AND BE GOVERNED BY, THE INTERNAL LAWS OF THE STATE OF NEW YORK. 
  

 2 

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  
 IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 3 to be duly executed and delivered by their proper and duly authorized persons as
of the day and year first above written. 
  

			
	KOHL’S CORPORATION
		
	By:	 	 /s/ Wes McDonald

	Name:	 	Wes McDonald
	Title:	 	EVP-CFO

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  

			
	 THE BANK OF NEW YORK, individually
 and as
Administrative Agent

		
	By:	 	 /s/ William M. Barnum

	Name:	 	William M. Barnum
	Title:	 	Vice President

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  

			
	U.S. BANK, NATIONAL ASSOCIATION
		
	By:	 	 /s/ Timothy J. Santarius

	Name:	 	Timothy J. Santarius
	Title:	 	AVP

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  

			
	JPMORGAN CHASE BANK, NA
		
	By:	 	 /s/ Barry Bergman

	Name:	 	Barry Bergman
	Title:	 	Managing Director

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  

			
	WACHOVIA BANK, NATIONAL ASSOCIATION
		
	By:	 	 /s/ Anthony D. Braxton

	Name:	 	Anthony D. Braxton
	Title:	 	Director

  
  

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  

			
	MORGAN STANLEY BANK
		
	By:	 	 /s/ Daniel Twenge

	Name:	 	Daniel Twenge
	Title:	 	Vice President

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  

			
	COMERICA BANK
		
	By:	 	 /s/ Heather A. Whiting

	Name:	 	Heather A. Whiting
	Title:	 	Account Officer

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  

			
	FIFTH THIRD BANK
		
	By:	 	 /s/ Ann – Drea Burns

	Name:	 	Ann – Drea Burns
	Title:	 	AVP

  
  

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  

			
	M&I BANK
		
	By:	 	 /s/ Leo D. Freeman

	Name:	 	Leo D. Freeman
	Title:	 	Vice President
		
	 By:
	 	 /s/ James R. Miller

	 Name:
	 	James R. Miller
	 Title:
	 	Vice President

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  

			
	MERRILL LYNCH BANK USA
		
	By:	 	 /s/ Louis Alder

	Name:	 	Louis Alder
	Title:	 	Director

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  

			
	UNION BANK OF CALIFORNIA, N.A.
		
	By:	 	 /s/ Ching Lim

	Name:	 	Ching Lim
	Title:	 	Vice President

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION
		
	By:	 	 /s/ Mark H. Halldorson

	Name:	 	Mark H. Halldorson
	Title:	 	Vice President
		
	 By:
	 	 /s/ James D. Heinz

	 Name:
	 	James D. Heinz
	 Title:
	 	Senior Vice President

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  

			
	NATIONAL CITY BANK
		
	By:	 	 /s/ Brian T. Strayton

	Name:	 	Brian T. Strayton
	Title:	 	Senior Vice President

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  

			
	THE NORTHERN TRUST COMPANY
		
	By:	 	 /s/ Roger McDougal

	Name:	 	Roger McDougal
	Title:	 	Vice President

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  

			
	THE HUNTINGTON NATIONAL BANK
		
	By:	 	 /s/ Steven P. Clemens

	Name:	 	Steven P. Clemens
	Title:	 	Vice President

 KOHL’S CORPORATION 
  
 AMENDMENT NO. 3 
  

			
	UMB BANK, N.A.
		
	By:	 	 /s/ Robert P. Elbert

	Name:	 	Robert P. Elbert
	Title:	 	Senior Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}]]