Common use of Lock-up Release Clause in Contracts

Lock-up Release. If the Representatives, in their sole discretion, agree to release or waive the restrictions set forth in a lock-up agreement described in Section 5(m) hereof for an officer or director of the Company and provides the Company with notice of the impending release or waiver at least three business days before the effective date of the release or waiver, the Company agrees to announce the impending release or waiver by a press release substantially in the form of Exhibit B hereto through a major news service or by other means reasonably satisfactory to the Representatives at least two business days before the effective date of the release or waiver.

Appears in 3 contracts

Sources: Common Stock Purchase Agreement (Beta Bionics, Inc.), Underwriting Agreement (Beta Bionics, Inc.), Underwriting Agreement (Beta Bionics, Inc.)

Lock-up Release. If the Representatives, in their sole discretion, agree to release or waive the restrictions set forth in a lock-up agreement described in Section 5(m5(k) hereof for an officer or director of the Company and provides provide the Company with notice of the impending release or waiver at least three business days before the effective date of the release or waiver, the Company agrees to announce the impending release or waiver by a press release substantially in the form of Exhibit B hereto through a major news service or by other means reasonably satisfactory to the Representatives at least two business days before the effective date of the release or waiver.

Appears in 2 contracts

Sources: Underwriting Agreement (Carlsmed, Inc.), Underwriting Agreement (Carlsmed, Inc.)

Lock-up Release. If the RepresentativesRepresentative, in their its sole discretion, agree agrees to release or waive the any lock-up restrictions set forth in a lock-up agreement described in executed and delivered under Section 5(m5(g) hereof for an officer or director of and the Company and Representative provides the Company with notice of the impending release or waiver at least three business days before the effective date of the release or waiver, upon the Representative’s request, the Company agrees to announce the impending release or waiver of any lock-up restrictions of any officer or director of the Company by a press release substantially in the form of Exhibit B hereto through a major news service or by other means reasonably satisfactory to the Representatives at least two business days before the effective date of the release or waiver. Any release or waiver granted by the Representative to any such officer or director shall only be effective two business days after the publication date of such press release.

Appears in 1 contract

Sources: Underwriting Agreement (Guaranty Bancshares Inc /Tx/)

Lock-up Release. If the Representatives, in their sole discretion, agree to release or waive the restrictions set forth in a lock-up agreement letter described in Section 5(m6(l) hereof for an officer or director of the Company and provides provide the Company with notice of the impending release or waiver substantially in the form of Exhibit B hereto at least three business days before the effective date of the release or waiver, the Company agrees to announce the impending release or waiver by a press release substantially in the form of Exhibit B C hereto through a major news service or by other means reasonably satisfactory to the Representatives at least two business days before the effective date of the release or waiver.

Appears in 1 contract

Sources: Underwriting Agreement (Oric Pharmaceuticals, Inc.)

Lock-up Release. If the Representatives, in their sole discretion, agree to release or waive the restrictions set forth in a lock-up agreement described in Section 5(m5(i) hereof for an officer or director of the Company and provides the Company with notice of the impending release or waiver at least three business days before the effective date of the release or waiver, the Company agrees to announce the impending release or waiver by a press release substantially in the form of Exhibit B hereto through a major news service or by other means reasonably satisfactory to the Representatives at least two business days before the effective date of the release or waiver.

Appears in 1 contract

Sources: Underwriting Agreement (Turnstone Biologics Corp.)

Lock-up Release. If the Representatives, in their sole discretion, agree to release or waive the restrictions set forth in a lock-up agreement letter described in Section 5(m6(k) hereof for an officer or director of the Company and provides the Company with notice of the impending release or waiver substantially in the form of Exhibit B hereto at least three business days before the effective date of the release or waiver, the Company agrees to announce the impending release or waiver by a press release substantially in the form of Exhibit B C hereto through a major news service or by other means reasonably satisfactory to the Representatives at least two business days before the effective date of the release or waiver.

Appears in 1 contract

Sources: Underwriting Agreement (Peloton Therapeutics, Inc.)