Lock-up Period definition
Examples of Lock-up Period in a sentence
The Company shall promptly notify the Representative if the Company ceases to be an Emerging Growth Company at any time prior to the later of (i) completion of the distribution of the Public Shares within the meaning of the Securities Act and (ii) fifteen (15) days following the completion of the Lock-Up Period.
All certificates or book-entry records representing the Consideration Shares subject to any Lock-Up Period shall bear, or be subject to, an appropriate legend or notation referencing the applicable lock-up restrictions and securities law restrictions.
Party C further undertakes that it shall not distribute or transfer the Class B Shares held for the benefit of ▇▇▇▇▇ ▇▇▇▇▇ to ▇▇▇▇▇ ▇▇▇▇▇ or any other person prior to the expiry of the Class B Lock-Up Period.