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PWER » Topics » fREGISTRATION RIGHTS AGREEMENT

This excerpt taken from the PWER 8-K filed Mar 11, 2008.
fREGISTRATION RIGHTS AGREEMENT, dated as of March 6, 2008 (the “Agreement”) among POWER-ONE, INC., a Delaware corporation (including any successor thereto, whether by merger, consolidation, conversion or otherwise, the “Company”) and PWER BRIDGE, LLC (“PB”).

 

PB owns or has the right to acquire a Warrant (as hereinafter defined) to acquire shares of Common Stock (as hereinafter defined) of the Company pursuant to the terms of the Warrant Agreement (as hereinafter defined).  The Company and PB deem it to be in their respective best interests to set forth their rights in connection with public offerings and sales of shares of Common Stock and are entering into this Registration Rights Agreement as a condition to and in connection with PB entering into the Warrant Agreement.

 

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