Common use of Market Standoff Clause in Contracts

Market Standoff. Optionee hereby agrees that if so requested by the Company or any representative of the underwriters in connection with any registration of the offering of any securities of the Company under the Act, Optionee shall not sell or otherwise transfer any Shares for a period of one hundred eighty (180) days following the effective date of a Registration Statement filed under the Act; provided, however, that such restriction shall apply only to the first two Registration Statements of the Company to become effective under the Act which include securities to be sold on behalf of the Company to the public in an underwritten public offering under the Act. The Company may impose stop-transfer instructions with respect to securities subject to the foregoing restrictions until the end of such one hundred eighty (180) day period.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (GLAUKOS Corp), Incentive Stock Option Agreement (GLAUKOS Corp), Stock Option Agreement (GLAUKOS Corp)

AutoNDA by SimpleDocs

Market Standoff. Optionee hereby agrees that if so requested by the Company or any representative of the underwriters in connection with any registration of the offering of any the securities of the Company under the Securities Act of 1933, as amended (the "Act"), Optionee shall not sell or otherwise transfer any the Shares for a period of one hundred eighty (180) 180 days following the effective date of a Registration Statement filed under the Act; provided, however, that such restriction shall apply only to the first two Registration Statements registration statement of the Company to become effective under the Act which include securities to be sold on behalf of the Company to the public in an underwritten public offering under the Act. The Company may impose stop-transfer instructions with respect to securities the Shares subject to the foregoing restrictions until the end of each such one hundred eighty (180) -day period.

Appears in 3 contracts

Samples: Stock Option Agreement (Skystream Networks Inc), Stock Option Agreement (Cisco Systems Inc), Restricted Stock Purchase Agreement (Cisco Systems Inc)

Market Standoff. Optionee hereby agrees that if If so requested by the Company or any representative of the underwriters in connection with any registration of the offering of any securities of the Company under the 1933 Act, Optionee shall not sell or otherwise transfer any of the Restricted Shares for a or other securities of the Company during the 180-day period of one hundred eighty (180) days following the effective date of a Registration Statement registration statement of the Company filed under the 1933 Act; provided, however, that such restriction shall only apply only to the first two Registration Statements registration statement of the Company to become effective under the 1933 Act which include includes securities to be sold on behalf of the Company to the public in an underwritten public offering under the Act(an “IPO”). The Company may impose stop-transfer instructions with respect to securities subject to the foregoing restrictions until the end of such one hundred eighty (180) -day period.

Appears in 2 contracts

Samples: And Stock Restriction Agreement (Sunpower Corp), And Stock Restriction Agreement (Sunpower Corp)

Market Standoff. Optionee hereby agrees that if so requested by the Company or any representative of the underwriters in connection with any registration of the offering of any the securities of the Company under the Securities Act of 1933, as amended (the “Act”), Optionee shall not sell or otherwise transfer any the Shares for a period of one hundred eighty (180) 180 days following the effective date of a Registration Statement filed under the Act; provided, however, that such restriction shall apply only to the first two Registration Statements registration statement of the Company to become effective under the Act which include securities to be sold on behalf of the Company to the public in an underwritten public offering under the Act. The Company may impose stop-transfer instructions with respect to securities the Shares subject to the foregoing restrictions until the end of each such one hundred eighty (180) -day period.

Appears in 2 contracts

Samples: Stock Option Agreement (Omnivision Technologies Inc), Stock Option Agreement (Omnivision Technologies Inc)

Market Standoff. Optionee hereby agrees that if so requested by the --------------- Company or any representative of the underwriters in connection with any registration of the offering of any the securities of the Company under the Securities Act of 1933, as amended (the "Act"), Optionee shall not sell or otherwise transfer any the Shares for a period of one hundred eighty (180) 180 days following the effective date of a Registration Statement filed under the Act; provided, however, that such restriction shall apply only to the first two Registration Statements registration statement of the Company to become effective under the Act which include securities to be sold on behalf of the Company to the public in an underwritten public offering under the Act. The Company may impose stop-stop- transfer instructions with respect to securities the Shares subject to the foregoing restrictions until the end of each such one hundred eighty (180) -day period.

Appears in 2 contracts

Samples: Stock Option Agreement (Ubid Inc), Stock Option Agreement (Ubid Inc)

AutoNDA by SimpleDocs

Market Standoff. Optionee hereby agrees that if so requested by the --------------- Company or any representative of the underwriters in connection with any registration of the offering of any the securities of the Company under the Securities Act of 1933, as amended (the "Act"), Optionee shall not sell or otherwise transfer any the Shares for a period of one hundred eighty (180) 180 days following the effective date of a Registration Statement filed under the Act; provided, however, that such restriction shall apply only to the first two Registration Statements registration statement of the Company to become effective under the Act which include securities to be sold on behalf of the Company to the public in an underwritten public offering under the Act. The Company may impose stop-transfer instructions with respect to securities the Shares subject to the foregoing restrictions until the end of each such one hundred eighty (180) -day period.

Appears in 1 contract

Samples: Nassda Corp

Market Standoff. Optionee hereby agrees that if so requested by the Company or any representative of the underwriters in connection with any registration of the offering of any the securities of the Company under the Securities Act of 1933, as amended (the "Act"), Optionee shall not sell or otherwise transfer any the Shares for a period of one hundred eighty (180) 180 days following the effective date of a Registration Statement filed under the Act; provided, however, that such restriction shall apply only to the first two Registration Statements registration statement of the Company to become effective under the Act which witch include securities to be sold on behalf of the Company to the public in an underwritten public offering under the Act. The Company may impose stop-transfer instructions with respect to securities the Shares subject to the foregoing restrictions until the end of each such one hundred eighty (180) -day period.

Appears in 1 contract

Samples: Stock Option Agreement (Cisco Systems Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.