Market Stand. Off shall mean the market stand-off restriction specified in Paragraph C.3.
Market Stand. Off" Agreement. Each Investor hereby agrees that, during the ninety (90) day period following the date of the first sale to the public pursuant to a registration statement of the Company filed under the Securities Act, it shall not, to the extent requested by the Company and the underwriter of such registration, directly or indirectly sell, offer to sell, contract to sell (including, without limitation, any short sale), grant any option to purchase or otherwise transfer or dispose of (other than to donees who agree to be similarly bound) any securities of the Company held by it at any time during such period except Common Stock included in such registration; provided, however, that:
Market Stand. Off Agreements pursuant to Section 5 hereof.
Market Stand. OFF OBLIGATIONS ----------------------------
Market Stand. OFF. Scripps agrees, in connection with the initial public offering of the Company's securities, (i) not to sell, make short sales of, loan, grant any options for the purchase of, or otherwise dispose of any securities of the Company held by Scripps (other than those securities included in the registration) without the prior written consent of the Company or the underwriters managing such initial underwritten public offering of the Company's securities for one hundred eighty (180) days from the effective date of such registration and (ii) further agrees to execute any agreement reflecting (i) above as may be requested by the underwriters at the time of the public offering.
Market Stand. Off for the Company and Others. In the case of an offering of Registrable Securities pursuant to Section 2.01 or Section 2.02 that is an Underwritten Offering, the Company and each of the Holders agree, if requested by the managing underwriter or underwriters with respect to such Underwritten Offering, not (1) offer for sale, sell, pledge, or otherwise dispose of (or enter into any transaction or device that is designed to, or could be expected to, result in the disposition by any person at any time in the future of) any Company Shares (including Company Shares that may be deemed to be beneficially owned by the undersigned in accordance with the rules and regulations of the SEC and Company Shares that may be issued upon exercise of any options or warrants) or securities convertible into or exercisable or exchangeable for Company Shares; (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of Company Shares, whether any such transaction is to be settled by delivery of Company Shares or other securities, in cash or otherwise; (3) make any demand for or exercise any right or cause to be filed a Registration Statement, including any amendments thereto, with respect to the registration of any Company Shares or securities convertible into or exercisable or exchangeable for Company Shares or any other securities of the Company; or (4) publicly disclose the intention to do any of the foregoing, in each case, during the period beginning seven (7) days before, and ending sixty (60) days (or such lesser period as may be agreed by, if applicable, the managing underwriter or underwriters) (or such other period as may be reasonably requested by the managing underwriter or underwriters to accommodate regulatory restrictions on (i) the publication or other distribution of research reports and (ii) analyst recommendations and opinions, including, but not limited to, the restrictions contained in the FINRA rules or any successor provisions or amendments thereto) after the date of the underwriting agreement entered into in connection with such Underwritten Offering, to the extent timely notified in writing by the managing underwriter or underwriters. Notwithstanding the foregoing, the Company may effect a public sale or distribution of securities of the type described above and during the periods described above if such sale or distribution is made pursuant to Registrations...
Market Stand. OFF" AGREEMENT. Each Holder hereby agrees that, following the effective date of a registration statement covering the sale of the Company's securities under the Securities Act, for the period of time and to the extent reasonably requested by the underwriter(s) and the Company, such Holder will not sell, offer to sell, contract to sell (including, without limitation, any short sale), grant any option to purchase or otherwise transfer or dispose of any securities of the Company held, directly or indirectly, by such Holder immediately prior to the Company's initial public offering, except for securities covered by the registration statement and transfers to donees or Affiliates who agree to be similarly bound; provided, however, that (i) the executive officers and directors of the Company, as well as any holder of at least five percent (5%) of the Company's Preferred Stock or Common Stock and all other holders of registration rights, have agreed to be bound by substantially the same terms and conditions, (ii) such agreement may be required only in connection with the Company's initial public offering and any public offering made within two (2) years thereafter, (iii) the time period requested for such market stand-off will not exceed one hundred eighty (180) days in connection with an initial public offering and ninety (90) days for any other public offering within the aforementioned two (2) year period and (iv) the restriction will not apply to a registration relating solely to employee, consultant or advisor benefit plans on Form S-1 or Form S-8 (or similar special purpose form promulgated after the date hereof) or a registration relating solely to a transaction pursuant to Rule 145 promulgated under the Securities Act on Form S-4 (or similar forms promulgated after the date hereof). The Company may impose stop-transfer instructions during such stand-off period with respect to the securities of each Holder subject to this restriction if necessary to enforce such restrictions. The Company shall not request a market stand-off provision which is more restrictive than what the underwriter(s) deem reasonable and necessary.
Market Stand. OFF" AGREEMENT; AGREEMENT TO FURNISH INFORMATION. Each Investor hereby agrees that such Investor shall not sell, transfer, make any short sale of, grant any option for the purchase of, or enter into any hedging or similar transaction with the same economic effect as a sale, any Common Stock (or other securities) of the Company held by such Investor (other than those included in the registration) for a period specified by the representative of the underwriters of Common Stock (or other securities) of the Company not to exceed one hundred eighty (180) days following the effective date of a registration statement of the Company filed under the Securities Act (or such other period, not to exceed 20 additional days, as may be requested by the Company or an underwriter to accommodate regulatory restrictions on (i) the publication or other distribution of research reports and (ii) analyst recommendations and opinions, including but not limited to, the restrictions contained in NASD Rule 2711(f)(4) or NYSE Rule 472(f)(4), or any successor provisions or amendments thereto); provided that:
Market Stand. Off Provision. JT agrees that, during the period of duration specified by Gene Logic and an underwriter of Common Stock or other securities of Gene Logic following the effective date of a registration statement of Gene Logic filed under the Securities Act, JT shall not, to the extent requested by Gene Logic, directly or indirectly sell, contract to sell (including, without limitation, any short sale), grant any option to purchase or otherwise transfer or dispose of any securities of Gene Logic held by it at any time during such period. In order to enforce the provisions of this Section 6.2, Gene Logic may impose stop-transfer instructions with respect to the securities held by JT that are subject to the foregoing restriction until the end of such period.
Market Stand. Off. ----------------
