Common use of Directed Unit Program Lock-Up Clause in Contracts

Directed Unit Program Lock-Up. The Company agrees with each of the Underwriters to cause each Directed Unit Participant who purchases over $1,000,000 of Reserved Units to execute a lock-up agreement (a “Directed Unit Program Lock-Up Agreement”), in a form satisfactory to the Representative, and to direct the transfer agent of the Company’s Units to place stop transfer restrictions upon such Reserved Units during the lock-up period described in such Directed Unit Program Lock-Up Agreement; and to comply with all applicable securities and other laws, rules and regulations in each jurisdiction in which such Reserved Units are offered in connection with the Directed Unit Program.

Appears in 2 contracts

Samples: Kensington Capital Acquisition Corp. IV, Kensington Capital Acquisition Corp. IV

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Directed Unit Program Lock-Up. The Company agrees with each of the Underwriters to cause each Directed Unit Participant who purchases over $1,000,000 of Reserved Units to execute a lock-up agreement (a “Directed Unit Program Lock-Up Agreement”), in a form satisfactory to the RepresentativeRepresentatives, and to direct the transfer agent of the Company’s Units Securities to place stop transfer restrictions upon such Reserved Units during the lock-up period described in such Directed Unit Program Lock-Up Agreement; and to comply with all applicable securities and other laws, rules and regulations in each jurisdiction in which such Reserved Units are offered in connection with the Directed Unit Program.

Appears in 1 contract

Samples: Underwriting Agreement (Longview Acquisition Corp. II)

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Directed Unit Program Lock-Up. The Company agrees with each of the Underwriters to cause each Directed Unit Participant who purchases over $1,000,000 of Reserved Units to execute a lock-up agreement (a “Directed Unit Program Lock-Up Agreement”), in a form satisfactory to the RepresentativeRepresentatives, and to direct the transfer agent of the Company’s Units Securities to place stop transfer restrictions upon such Reserved Units during the lock-up period described in such Directed Unit Program Lock-Up Agreement; and to comply with all applicable securities and other laws, rules and regulations in each jurisdiction in which such Reserved Units are offered in connection with the Directed Unit Program.

Appears in 1 contract

Samples: Longview Acquisition Corp. II

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