Company Standoff. Except pursuant to a corporate reorganization, business combination, stock or asset purchase, merger or consolidation, an existing employee stock incentive or purchase plan, or this Agreement, the Company shall not effect any public sale or other public distribution of any securities similar to the Registrable Securities or any Capital Shares Equivalents during the period beginning three (3) calendar days prior to the Subscription Date and ending sixty (60) calendar days after the Effective Date; provided, however, that the Company may effect such public sale or distribution during such period if such sale or distribution of securities is at a price equal to or greater than 135% of the Bid Price as of the Subscription Date.
Company Standoff. Except in a business combination, or under existing employee stock incentive or purchase plans, the Company shall not for its own account effect any public sale or distribution of any securities similar to the Registrable Securities or any securities exercisable for or convertible or changeable into the Registrable Securities during the thirty (30) days prior to, and during the sixty (60) days immediately following, the effective date of any registration statement filed pursuant to Section 1.4(b) hereof; provided, however, that the Company may effect such public sale or distribution during the thirty (30) days immediately following the effective date of such registration statement if such sale or distribution of securities is at a price equal to or greater than 130% of the last trade price of the Company's Common Stock on the Closing Date.
Company Standoff. Except in a corporate reorganization, ---------------- business combination, stock or asset purchase, merger or consolidation, under existing employee stock incentive or purchase plans or pursuant to this Agreement, the Company shall not for its own account effect any public sale or distribution of any securities similar to the Registrable Securities or any securities exercisable for or convertible or changeable into the Registrable Securities during the thirty (30) days prior to, and during the one hundred eighty (180) days immediately following the effective date of any registration statement filed pursuant to Section 1.4(b); provided, however, that the Company may effect such public sale or distribution during the ninety (90) days immediately following the effective date of such registration statement if such sale or distribution of securities is at a price equal to or greater than 135% of the last trade price of the Company's Common Stock on the day of Closing.
Company Standoff. Except in a business combination, or under existing employee stock incentive or purchase plans, the Company shall not for its own account effect any public sale or distribution of any securities similar to the Registrable Securities or any securities exercisable for or convertible or changeable into the Registrable Securities during the thirty (30) days prior to, and during the thirty (30) days immediately following, the effective date of any registration statement filed pursuant to this Agreement; PROVIDED, HOWEVER, that the Company may effect such public sale or distribution during the thirty(30) days immediately following the effective date of such registration statement if such sale or distribution of securities is at a price equal to or greater than 130% of the last trade price of the Company's Common Stock on the day of Closing.
Company Standoff. Except in a business combination, or under existing ---------------- employee stock incentive or purchase plans, the Company shall not effect any public sale or distribution of any securities similar to the Registrable Securities or any securities exercisable for or convertible or exchangeable into the Registrable Securities during the 14 days prior to, and during the 90 days immediately following the effective date of any registration statement filed pursuant to Section 1.4(b); provided, however, that the Company may effect such public sale or distribution during the 90 days immediately following the effective date of such registration statement if such sale or distribution of securities is at a price equal to or greater than 120% of the Conversion Cap (as defined in Section 4(c)(ii) of Schedule I hereto).
