Temporary Standstill Sample Clauses

Temporary Standstill. If requested (pursuant to a timely written notice) by the managing underwriter(s) of an underwritten offering of equity securities by the Company, and so long as the Holder or its affiliate is employed by the Company or one of its affiliates the Holders shall agree on the same terms applicable to officers and directors of the Company not to effect any public sale or distribution of any of the Restricted Shares.

Temporary Standstill. During the Interim Period, no Party shall take any action with respect to the Actions, the Insurgent Campaign, the Proposals, or any other matter related to the voting at the 2002 Annual Meeting, including, but not limited to, filing any proxy materials or Schedules 13D with the SEC, provided, however, that the following communications may be made by the Parties (the "Permitted Communications"): filings with the SEC that are (1) required to disclose or implement this Settlement Agreement, (2) responsive to comments, inquiries or requests made by the SEC concerning the items described in subsection (1), or (3) necessary, in the sole discretion of the Sweet 13D Group, to effect the withdrawal of members from the Sweet 13D Group. Additionally, Spectranetics will notify the Sweet 13D Group if any Person makes or proposes to make any proposal for stockholder consideration or nominations of Director candidates in connection with the 2002 Annual Meeting during the Interim Period. If such proposal(s) or nomination(s) are made, Spectranetics has the right to request that one or more members of the Sweet 13D Group cooperate with Spectranetics to dissuade that insurgent stockholder from pursuing those nomination(s) or proposal(s). Any discussions between any member of the Sweet 13D Group and an insurgent stockholder that occur as a result of a request by Spectranetics shall also be Permitted Communications.