IPO Lock-Up definition

IPO Lock-Up has the meaning provided in Section 3.01(c).
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Examples of IPO Lock-Up in a sentence

  • For the avoidance of doubt, each of the H&F Stockholders may Transfer all or any portion of its Shares at any time without restriction under this Section 2.1. After the IPO Lock-Up Period, there shall be no restrictions on a Transfer of Shares pursuant to this Agreement.

  • The Company and Employee acknowledge and agree that the Issued Shares shall remain subject to the terms and conditions of each option agreement evidencing the Options, the exercise notice with respect thereto, the Equity Incentive Plan and the IPO Lock-Up Letter Agreement signed by Employee on July 9, 2009, with the effect that said Issued Shares shall not be sold or otherwise transferred until the expiration of the restrictions in said Lock-Up Letter Agreement.

  • Notwithstanding the foregoing, in no event shall any Holder of Registrable Securities be restricted at any time after the IPO Lock-Up Date from effecting any public sale or distribution of securities pursuant to this Section 4(a) for more than 150 days during any 12-month period.

  • For the avoidance of doubt, Sections 9(e) of the Plan (Company Repurchase Right) and Section 12 of the Plan (IPO Lock-Up) apply to the shares of Restricted Stock.

  • The unregistered Base Shares issued to Karamco will be subject to a lock-up for a one year period following the effective date of the IPO ("Lock-Up Period").

  • At any time following the IPO Lock-Up Period, each of the Sponsors may, by providing written notice to the Company, request to sell all or part of its Registrable Securities pursuant to a Registration Statement (a “Demand Registration”) (such requesting Sponsor, a “Demand Holder”).

  • Miscellaneous..................................................10 Exhibit A Sample IPO Lock-Up Agreement Exhibit B Schedule of Registrable Stock REGISTRATION RIGHTS AGREEMENT REGISTRATION RIGHTS AGREEMENT (this "Agreement"), dated as of October 25, 1996, among PRIME SERVICE, INC., a Delaware corporation (the "Company"), and the entities listed on the signature pages of this Agreement as the "SHAREHOLDERS" (the "Shareholders").

  • Notwithstanding the foregoing, the IPO Lock-Up shall be of no further force and effect if Credit Suisse First Boston Corporation ("CSFB") shall have consented to at least 20% of the shares of 724 Solutions Common Stock subject to the lock-up agreement among CSFB and the holders of shares of 724 Solutions Common Stock in connection with 724 Solutions' initial public offering (the "Lock-Up Agreement") taking any action otherwise prohibited thereby.

  • The Company and Employee acknowledge and agree that the Issued Shares shall remain subject to the terms and conditions of each option agreement evidencing the Options, the exercise notice with respect thereto, the Equity Incentive Plan and the IPO Lock-Up Letter Agreement signed by Employee on July 9, 2009, other than shares issued upon exercise of the Roll-Over Options.

  • In addition, if the Shareholder is a corporation, partnership, limited liability company or other entity, the Shareholder shall be permitted during the period set forth above to Transfer such securities to any entity that controls the Shareholder, that is controlled by the Shareholder, or that is under common control with the Shareholder, so long as the recipient of such securities executes a written agreement stating that it will be bound by the provisions of this Agreement (the "IPO Lock-Up").

Related to IPO Lock-Up

  • Lockup Period has the meaning set forth in Section 2.4(d)(i).

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • IPO means the Company’s initial public offering of securities.

  • Lock-up Period means the period commencing on the date of the final prospectus relating to the Company’s IPO, and ending on the date specified by the Company and the managing underwriter(s). Such period shall not exceed one hundred eighty (180) days, or such other period as may be requested by the Company or an underwriter to accommodate regulatory restrictions on (i) the publication or other distribution of research reports, and (ii) analyst recommendations and opinions.

  • Lock-up shall have the meaning given in Section 5.1.