Common use of Directed Shares Clause in Contracts

Directed Shares. The Company has not offered, or caused the Underwriters to offer, any Directed Shares to any person with the intent to unlawfully influence (A) a customer or supplier of the Company or any of its Subsidiaries to alter the customer’s or supplier’s level or type of business with the Company or any of its Subsidiaries or (B) a trade journalist or publication to write or publish favorable information about the Company, any of its Subsidiaries or any of their respective products.

Appears in 2 contracts

Sources: Underwriting Agreement (Capital Bancorp Inc), Underwriting Agreement (Coastal Financial Corp)

Directed Shares. The Company has not offered, or caused the Underwriters to offer, any Directed Shares to any person pursuant to the Directed Share Program with the specific intent to unlawfully influence (A1) a customer or supplier of the Company or any of its Subsidiaries to alter the customer’s or supplier’s level or type of business with the Company or any of its Subsidiaries Company, or (B2) a trade journalist or publication to write or publish favorable information about the Company, any of Company or its Subsidiaries or any of their respective products.

Appears in 1 contract

Sources: Underwriting Agreement (Equity Bancshares Inc)