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, in the form of Exhibit A hereto (the “Lock-Up Agreement”), from each individual or entity listed on Schedule IV. The Company will enforce the terms of each Lock-Up Agreement and issue stop-transfer instructions to the Depositary and the transfer agent and registrar for the 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 Underwriter, in its sole discretion, agrees to release or waive the restrictions of any Lock-Up Agreement between an officer or director of the Company and the Underwriter 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 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

Samples: Purchase Agreement (Moko Social Media LTD)

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Stockholder Lock-Ups. The Company has caused to be delivered to you prior to the date of this Agreement a letter, in the form of Exhibit A hereto (the “Lock-Up Agreement”), Agreement from each individual or entity listed on Schedule IVII hereto. The Company will enforce the terms of each Lock-Up Agreement, and the lock-up provision contained in Section 2.3(d) of the Company’s Stockholders Agreement dated November 30, 2007, and issue stop-transfer instructions to the Depositary and the its transfer agent and registrar for the ADSs and the Ordinary Shares 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 UnderwriterRepresentatives, in its their sole discretion, agrees agree to release or waive the restrictions of any Lock-Up Agreement between an officer or director of the Company and the Underwriter Representatives and provides provide 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 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

Samples: Underwriting Agreement (Orthopediatrics Corp)

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 listed on Schedule IVII. The Company will enforce the terms of each Lock-Up Agreement and issue stop-transfer instructions to the Depositary and the its transfer agent and registrar for the ADSs and the Ordinary Shares 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 UnderwriterRepresentatives, in its their sole discretion, agrees agree to release or waive the restrictions of any Lock-Up Agreement between an officer or director of the Company and the Underwriter 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 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

Samples: Form of Purchase Agreement (Habit Restaurants, Inc.)

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Stockholder Lock-Ups. The Company has caused to be delivered to you prior to the date of this Agreement a letter, in the form of Exhibit A hereto (the “Lock-Up Agreement”), from each individual or entity listed on Schedule IV. The Company will enforce the terms of each Lock-Up Agreement and issue stop-transfer instructions to the Depositary and the transfer agent and registrar for the 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 UnderwriterRepresentative, in its sole discretion, agrees to release or waive the restrictions of any Lock-Up Agreement between an officer or director of the Company and the Underwriter 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 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

Samples: Purchase Agreement (Moko Social Media LTD)

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