Common use of Release of D&O Lock-up Period Clause in Contracts

Release of D&O Lock-up Period. If the Underwriter, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.27 hereof for an officer, director or shareholder of the Company, the Underwriter shall provide the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiver, the Company agrees if required by applicable law to announce the impending release or waiver by a press release substantially in the form of Exhibit A hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

Appears in 5 contracts

Samples: Underwriting Agreement (Verb Technology Company, Inc.), Underwriting Agreement (GlucoTrack, Inc.), Underwriting Agreement (Nuvve Holding Corp.)

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Release of D&O Lock-up Period. If the Underwriter, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.27 2.24 hereof for an officer, officer or director or shareholder of the Company, the Underwriter shall provide Company and provides the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiver, the Company agrees if required by applicable law to announce the impending release or waiver by a press release substantially in the form of Exhibit A B hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

Appears in 4 contracts

Samples: Underwriting Agreement (Bone Biologics Corp), Underwriting Agreement (Applied UV, Inc.), Underwriting Agreement (Bone Biologics Corp)

Release of D&O Lock-up Period. If the Underwriter, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.27 2.24 hereof for an officer, officer or director or shareholder of the Company, the Underwriter shall provide Company and provides the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiver, the Company agrees if required by applicable law to announce the impending release or waiver by a press release substantially in the form of Exhibit A hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

Appears in 4 contracts

Samples: Underwriting Agreement (Primech Holdings LTD), Underwriting Agreement (mF International LTD), Underwriting Agreement (mF International LTD)

Release of D&O Lock-up Period. If the Underwriter, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.27 2.26 hereof for an officer, officer or director or shareholder of the Company, the Underwriter shall Company and provide the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiver, the Company agrees if required by applicable law to announce the impending release or waiver by a press release substantially in the form of Exhibit A C hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

Appears in 3 contracts

Samples: Underwriting Agreement (BioRestorative Therapies, Inc.), Underwriting Agreement (BioRestorative Therapies, Inc.), Underwriting Agreement (BioRestorative Therapies, Inc.)

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Release of D&O Lock-up Period. If the UnderwriterRepresentative, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.27 2.24 hereof for an officer, director director, or shareholder corporate auditor of the Company, the Underwriter shall provide Company and provides the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiverwaiver substantially in the form of Exhibit C, the Company agrees if required by applicable law to announce the impending release or waiver by a press release substantially in the form of Exhibit A D hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

Appears in 2 contracts

Samples: Underwriting Agreement (Earlyworks Co., Ltd.), Underwriting Agreement (Oranco Inc)

Release of D&O Lock-up Period. If the Underwriter, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.27 2.25 hereof for an officer, officer or director or shareholder of the Company, the Underwriter shall Company and provide the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiver, the Company agrees if required by applicable law to announce the impending release or waiver by a press release substantially in the form of Exhibit A C hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

Appears in 1 contract

Samples: Underwriting Agreement (Versus Systems Inc.)

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