Common use of Holders Shares Clause in Contracts

Holders Shares. Possibly Subject to 120 Day Lock-Up Restrictions. Each Holder's shares of the Company under this agreement shall, if requested by an underwriter of a primary offering of the Company's securities, agree that he will not sell or otherwise transfer or dispose of his shares of the Company's common stock during the period beginning seven days prior to and ending 120 days following the effective date of a registration statement of the Company filed under the Securities Act of 1933, as amended. The restrictions agreed to herein shall be binding upon any assignee of person acquiring Securities hereunder.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (American Millennium Corp Inc), Agreement and Plan of Reorganization (American Millennium Corp Inc), Agreement and Plan of Reorganization (American Millennium Corp Inc)

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