Holders’ Stand-off Clause Samples

Holders’ Stand-off. The Holders agree, if requested by the managing underwriter or underwriters of a public offering by the Company of the Company’s Common Stock, not to effect any public sale of any securities (except, in each case, as part of the applicable registration, if permitted) that are the same as or similar to the Registrable Securities, or any securities convertible into or exchangeable or exercisable for such securities, during the period beginning fourteen (14) days before and ending ninety (90) days (or such lesser period as may be permitted for all Holders by the Company or such managing underwriter or underwriters) after the execution date of the underwriting agreement in connection therewith, to the extent timely notified in writing by the Company or the managing underwriter or underwriters; provided, that such restriction shall not apply to securities acquired in the public market.