Common use of Lockup Period Limitation Clause in Contracts

Lockup Period Limitation. The Participant agrees that in the event the Company advises the Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek(s) to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, the Participant hereby agrees that for a period not to exceed 180 days from the prospectus, the Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this Award or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 4 contracts

Samples: Restricted Stock Agreement (Makemusic, Inc.), Restricted Stock Agreement (Makemusic, Inc.), Restricted Stock Unit Agreement (Makemusic, Inc.)

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Lockup Period Limitation. The Participant agrees that in the event the Company advises the Participant that it plans an underwritten public offering of its Common Stock Shares in compliance with the U.S. Securities Act of 1933, as amended, and that the underwriter(s) seek(s) seek to impose restrictions under which certain shareholders Participant may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of this Option or the Shares underlying Common Stockthis Option, the Participant hereby agrees that for a period not to exceed 180 days from the prospectus, effective date of the prospectus relating to such offering Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this Award Option or any of the underlying shares of Common Stock Shares without the prior written consent of the underwriter(s) or its representative(s).

Appears in 3 contracts

Samples: Global Employee Nonqualified Stock Option Agreement (BIO-TECHNE Corp), Global Employee Nonqualified Stock Option Agreement (BIO-TECHNE Corp), Global Employee Nonqualified Stock Option Agreement (BIO-TECHNE Corp)

Lockup Period Limitation. The Participant agrees that in the event the Company advises the Participant that it plans an underwritten public offering of its Common Stock Shares in compliance with the U.S. Securities Act of 1933, as amended, and that the underwriter(s) seek(s) seek to impose restrictions under which certain shareholders Participant may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of this Award or the Shares underlying Common Stockthis Award, the Participant hereby agrees that for a period not to exceed 180 days from the prospectuseffective date of the prospectus relating to such offering, the Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this Award or any of the Shares underlying shares of Common Stock this Award without the prior written consent of the underwriter(s) or its representative(s).

Appears in 3 contracts

Samples: Global Restricted Stock Unit Agreement (BIO-TECHNE Corp), Global Restricted Stock Unit Agreement (BIO-TECHNE Corp), Global Restricted Stock Unit Agreement (BIO-TECHNE Corp)

Lockup Period Limitation. The Participant agrees that in the event the Company advises the Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amendedamended (the “Securities Act”), and that the underwriter(s) seek(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, the Participant hereby agrees that for a period not to exceed 180 days from the prospectus, the Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this Award Option or any of the underlying shares of Common Stock Option Shares without the prior written consent of the underwriter(s) or its representative(s).

Appears in 1 contract

Samples: Stock Option Agreement (Arno Therapeutics, Inc)

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Lockup Period Limitation. The Participant agrees that in the event the Company advises the Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amendedamended (the “Securities Act”), and that the underwriter(s) seek(s) seek to impose restrictions under which certain shareholders stockholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, the Participant hereby agrees that for a period not to exceed 180 days from the prospectus, the Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this Award Agreement or any of the underlying shares Shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 1 contract

Samples: Restricted Stock Agreement (Arno Therapeutics, Inc)

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