Common use of IPO Commitment Clause in Contracts

IPO Commitment. (a) The Parties intend that, on or prior to the [*] anniversary of the Effective Date, the Company will seek to conduct an initial public offering of shares of its Common Stock ("IPO"), subject to prevailing market conditions and the condition and performance of the Company. (b) [*]. (c) Each shareholder agrees to enter into a customary market standoff agreement with the underwriter(s) in the IPO with substantially the same terms and conditions as set forth in Section 14.

IPO Commitment. (a) The Parties intend that, on or prior to the [*] anniversary of the Effective Date, the Company will seek to conduct an initial public offering of shares of its Common Stock ("IPO"), subject to prevailing market conditions and the condition and performance of the Company. (b) [*]. (c) Each shareholder agrees to enter into a customary market standoff agreement with the underwriter(s) in the IPO with substantially the same terms and conditions as set forth in Section 14.