Common use of Lockup Agreement Clause in Contracts

Lockup Agreement. Each Holder agrees that, if, in connection with ---------------- the Initial Public Offering of the Company's securities, the Company or the underwriters managing the offering so request, the Holder shall not sell, make any short sale of, loan, grant any option for the purchase of or otherwise dispose of any Registrable Securities (other than those included in the registration) without the prior written consent of the Company or such underwriters as the case may be, for such period of time (not to exceed one hundred eighty (180) days) from the effective date of such registration as may be requested by the Company or the underwriters; provided that each officer and director of the Company who owns stock of the Company and other holders of at least 5% of the Company's voting securities also agrees to such restrictions. This Section 4.12 shall be binding on all transferees or assignees of Registrable Securities, whether or not such persons are entitled to registration rights pursuant to Section 4.10.

Appears in 1 contract

Samples: Investor Rights Agreement (Iown Holdings Inc)

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Lockup Agreement. Each Holder agrees that, if, in connection with ---------------- the Initial Public Offering Company’s initial public offering of the Company's ’s securities, the Company or the underwriters managing the offering so request, the Holder shall not sell, make any short sale of, loan, grant any option for the purchase of of, or otherwise dispose of any Registrable Securities (other than those included in the registration) without the prior written consent of the Company or such underwriters underwriters, as the case may be, for such period of time (not to exceed one hundred eighty (180) days) from the effective date of such registration as may be requested by the Company or the underwriters; provided that (i) each officer and director of the Company who owns stock of the Company and other holders of at least 5% of the Company's voting securities also agrees to such restrictionsrestrictions and (ii) any discretionary waiver or termination of the restrictions of any such agreement by the Company or the underwriters shall apply to the Holders on a pro rata basis. This Section 4.12 4.13 shall be binding on all transferees or assignees of Registrable Securities, whether or not such persons are entitled to registration rights pursuant to Section 4.104.11.

Appears in 1 contract

Samples: Stockholder Agreement (Visicu Inc)

Lockup Agreement. Each Holder agrees that, if, in connection ---------------- with ---------------- the Initial Public Offering Company's initial public offering of the Company's securities, the Company or the underwriters managing the offering so request, the Holder shall not sell, make any short sale of, loan, grant any option for the purchase of of, or otherwise dispose of any Registrable Securities (other than those included in the registration) without the prior written consent of the Company or such underwriters underwriters, as the case may be, for such period of time (not to exceed one hundred eighty (180) days) from the effective date of such registration as may be requested by the Company or the underwriters; provided that each officer and director of the Company who owns stock of the Company and other holders of at least 5% of the Company's voting securities also agrees to such restrictions. This Section 4.12 4.13 shall be binding on all transferees or assignees of Registrable Securities, whether or not such persons are entitled to registration rights pursuant to Section 4.104.11.

Appears in 1 contract

Samples: Stockholder Rights Agreement (Illumina Inc)

Lockup Agreement. Each Holder agrees that, if, in connection with the ---------------- the Initial Public Offering Company's initial public offering of the Company's securities, the Company or the underwriters managing the offering so request, the Holder shall not sell, make any short sale of, loan, grant any option for the purchase of of, or otherwise dispose of any Registrable Securities (other than those included in the registration) without the prior written consent of the Company or such underwriters underwriters, as the case may be, for such period of time (not to exceed one hundred eighty (180) days) from the effective date of such registration as may be requested by the Company or the underwriters; provided that each officer and director of the Company who owns stock of the Company and other holders of at least 5% of the Company's voting securities also agrees to such restrictions. This Section 4.12 5.12 shall be binding on all transferees or assignees of Registrable Securities, whether or not such persons are entitled to registration rights pursuant to Section 4.105.10.

Appears in 1 contract

Samples: Stockholder Rights Agreement (Cornerstone Brands Inc)

Lockup Agreement. Each Holder agrees that, if, in connection with ---------------- the Initial Public Offering Company's initial public offering of the Company's securities, the Company or the underwriters managing the offering so request, the Holder shall not sell, make any short sale of, loan, grant any option for the purchase of or otherwise dispose of any Registrable Securities (other than those included in the registration) without the prior written consent of the Company or such underwriters underwriters, as the case may be, for such period of time (not to exceed one hundred eighty (180) days) from the effective date of such registration as may be requested by the Company or the underwriters; provided that each officer and director of the Company who owns stock of the Company and other holders of at least 5% of the Company's voting securities also agrees to such restrictions. This Section 4.12 shall be binding on all transferees or assignees of Registrable Securities, whether or not such persons are entitled to registration rights pursuant to Section 4.10.. SECTION 5

Appears in 1 contract

Samples: Voting Agreement (Axys Pharmecueticals Inc)

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Lockup Agreement. Each Holder agrees that, if, in connection with ---------------- the Initial Public Offering Company's initial public offering of the Company's securities, the Company or the underwriters managing the offering so request, the Holder shall not sell, make any short sale of, loan, grant any option for the purchase of of, or otherwise dispose of any Registrable Securities (other than those included in the registration) without the prior written consent of the Company or such underwriters underwriters, as the case may be, for such period of time (not to exceed one hundred eighty (180) days) from the effective date of such registration as may be requested by the Company or the underwriters; provided that each officer and director of the Company who owns stock of the Company and other holders of at least 5% of the Company's voting securities also agrees to such restrictions. This Section 4.12 4.13 shall be binding on all transferees or assignees of Registrable Securities, whether or not such persons are entitled to registration rights pursuant to Section 4.104.11.

Appears in 1 contract

Samples: Stockholder Rights Agreement (Argonaut Technologies Inc)

Lockup Agreement. Each Holder agrees that, if, in connection with the ---------------- the Initial Public Offering of the Company's securities, the Company or the underwriters managing the offering so request, the Holder shall not sell, make any short sale of, loan, grant any option for the purchase of or otherwise dispose of any Registrable Securities registrable securities (other than those included in the registration) without the prior written consent of the Company or such underwriters as the case may be, for such period of time (not to exceed one hundred eighty (180) days) from the effective date of such registration as may be requested by the Company or the underwriters; provided that each officer and director of the Company who owns stock of the Company and other holders of at least 5% of the Company's voting securities also agrees to such restrictions. This Section 4.12 shall be binding on all transferees or assignees of Registrable Securitiesregistrable securities, whether or not such persons are entitled to registration rights pursuant to Section 4.10rights.

Appears in 1 contract

Samples: Iown Holdings Inc

Lockup Agreement. Each Holder agrees that, if, in connection with ---------------- the Initial Public Offering Company's initial public offering of the Company's securities, the Company or the underwriters managing the offering so request, the Holder shall not sell, make any short sale of, loan, grant any option for the purchase of or otherwise dispose of any Registrable Securities (other than those included in the registration) without the prior written consent of the Company or such underwriters underwriters, as the case may be, for such period of time (not to exceed one hundred eighty (180) days) from the effective date of such registration as may be requested by the Company or the underwriters; provided that each officer and director of the Company who owns stock of the Company and other holders of at least 5% of the Company's voting securities also agrees to such restrictions. This Section 4.12 shall be binding on all transferees or assignees of Registrable Securities, whether or not such persons are entitled to registration rights pursuant to Section 4.10.

Appears in 1 contract

Samples: Rights Agreement (Dna Sciences Inc)

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