Common use of Stockholder Lock-Ups Clause in Contracts

Stockholder Lock-Ups. The Company has caused to be delivered to you prior to the date of this Agreement a letter, substantially in the form of Exhibit A hereto (the “Lock-Up Agreement”), from each individual or entity agreed upon between the Representatives and the Company. The Company will enforce the terms of each Lock-Up Agreement and issue stop-transfer instructions to its transfer agent and registrar for the Common Stock with respect to any transaction or contemplated transaction that would constitute a breach of or default under the applicable Lock-Up Agreement. If the Representatives, in their sole discretion, agree to release or waive the restrictions of any Lock-Up Agreement between an officer or director of the Company and the Representatives and provides the Company with notice of the impending release or waiver at least three business days before the effective date of such release or waiver, the Company agrees to announce the impending release or waiver by means of a press release substantially in the form of Exhibit E hereto, issued through a major news service, at least two business days before the effective date of the release or waiver.

Appears in 1 contract

Sources: Purchase Agreement (Eagle Pharmaceuticals, Inc.)

Stockholder Lock-Ups. The Company has caused to be delivered to you prior to the date of this Agreement a letter, substantially in the form of Exhibit A hereto (the “Lock-Up Agreement”), from each individual or entity agreed upon between the Representatives and securityholder of the Company, other than the individuals and entities listed on Schedule II. The Company will enforce the terms of each Lock-Up Agreement and issue stop-transfer instructions to its transfer agent and registrar for the Common Stock with respect to any transaction or contemplated transaction that would constitute a breach of or default under the applicable Lock-Up Agreement. If the Representatives▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co., in their its sole discretion, agree agrees to release or waive the restrictions of any Lock-Up Agreement between an officer or director of the Company and the Representatives ▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. and provides the Company with notice of the impending release or waiver at least three business days before the effective date of such release or waiver, the Company agrees to announce the impending release or waiver by means of a press release substantially in the form of Exhibit E C hereto, issued through a major news service, at least two business days before the effective date of the release or waiver.

Appears in 1 contract

Sources: Purchase Agreement (Neuronetics, Inc.)

Stockholder Lock-Ups. The Company has caused to be delivered to you prior to the date of this Agreement a letter, substantially in the form of Exhibit A hereto (the “Lock-Up Agreement”), from each individual or entity agreed upon between the Representatives and the Companylisted on Schedule IV. The Company will enforce the terms of each Lock-Up Agreement and issue stop-transfer instructions to its the Depositary and the transfer agent and registrar for the Common Stock ADSs and the Ordinary Shares with respect to any transaction or contemplated transaction that would constitute a breach of or default under the applicable Lock-Up Agreement. If the RepresentativesRepresentative, in their its sole discretion, agree agrees to release or waive the restrictions of any Lock-Up Agreement between an officer or director of the Company and the Representatives Representative and provides the Company with notice of the impending release or waiver at least three business days before the effective date of such release or waiver, the Company agrees to announce the impending release or waiver by means of a press release substantially in the form of Exhibit E B hereto, issued through a major news service, at least two business days before the effective date of the release or waiver.

Appears in 1 contract

Sources: Purchase Agreement (Moko Social Media LTD)

Stockholder Lock-Ups. The Company has caused to be delivered to you prior to the date of this Agreement a letter, substantially in the form of Exhibit A hereto (the “Lock-Up Agreement”), from each individual or entity agreed upon between the Representatives and the Companylisted on Schedule II. The Company will enforce the terms of each Lock-Up Agreement and issue stop-transfer instructions to its transfer agent and registrar for the Class A Common Stock or Membership Interests with respect to any transaction or contemplated transaction that would constitute a breach of or default under the applicable Lock-Up Agreement. If the Representatives, in their sole discretion, agree to release or waive the restrictions of any Lock-Up Agreement between an officer or director of the Company and the Representatives and provides the Company with notice of the impending release or waiver at least three business days before the effective date of such release or waiver, the Company agrees to announce the impending release or waiver by means of a press release substantially in the form of Exhibit E B hereto, issued through a major news service, at least two business days before the effective date of the release or waiver.

Appears in 1 contract

Sources: Purchase Agreement (Habit Restaurants, Inc.)