1.7. “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.
1.8. “Excluded Registration” means (i) a registration relating to the sale of securities to employees of the Company or a subsidiary pursuant to a stock option, stock purchase, or similar plan; (ii) a registration relating to an SEC Rule 145 transaction; (iii) a registration on any form that does not include substantially the same information as would be required to be included in a registration statement covering the sale of the Registrable Securities; or (iv) a registration in which the only Common Stock being registered is Common Stock issuable upon conversion of debt securities that are also being registered.
1.9. “FormS-1” means such form under the Securities Act as in effect on the date hereof or any successor registration form under the Securities Act subsequently adopted by the SEC.
1.10. “FormS-3” means such form under the Securities Act as in effect on the date hereof or any registration form under the Securities Act subsequently adopted by the SEC that permits incorporation of substantial information by reference to other documents filed by the Company with the SEC.
1.11. “GAAP” means generally accepted accounting principles in the United States.
1.12. “Holder” means any holder of Registrable Securities who is a party to this Agreement.
1.13. “Immediate Family Member” means a child, stepchild grandchild, parent, stepparent, grandparent, spouse, sibling,mother-in-law,father-in-law,son-in-law,daughter-in-law,brother-in-law,orsister-in-law, including, adoptive relationships, of a natural person referred to herein.
1.14. “Initiating Holders” means, collectively, Holders who properly initiate a registration request under this Agreement.
1.15. “IPO” means the Company’s first underwritten public offering of its Common Stock under the Securities Act.
1.16. “Major Investor” means any Investor that, individually or together with such Investor’s Affiliates, holds at least 5% of the issued and outstanding capital stock of the Company on an as converted to Common Stock basis.
1.17. “New Securities” means, collectively, equity securities of the Company, whether or not currently authorized, as well as rights, options, or warrants to purchase such equity securities, or securities of any type whatsoever that are, or may become, convertible or exchangeable into or exercisable for such equity securities.
1.18. “Person” means any individual, corporation, partnership, trust, limited liability company, association or other entity.
1.19. “Preferred Stock” means shares of Series A Preferred Stock and Series B Preferred Stock.
1.20. “Previous Agreement” that certain Investors’ Rights Agreement dated as of the January 13, 2016 by and among the Company and certain of its stockholders.
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