Examples of Lockup in a sentence
Rights of first offer: Upon expiry of the Lock-up Period, a selling shareholder shall notify the other shareholder its intention to sell all of its equity interests in the Purchaser.
During the Lock-up Period, the Company will enforce all agreements between the Company and any of its securityholders that restrict or prohibit, expressly or in operation, the offer, sale or transfer of Shares or Related Securities or any of the other actions restricted or prohibited under the terms of the form of Lock-up Agreement.
In order to enforce the foregoing covenant, the Company may impose stop transfer instructions with respect to the Investor’s registrable securities of the Company (and the Company shares or securities of every other person subject to the foregoing restriction) until the end of the Lock-up Period.
If an arrested person has any injuries or is suffering or complains of injury or illness, they are taken to a hospital or medical centre for examination prior to being detained at a Police Station or in a Police Lock-up.
If any additional persons shall become directors or executive officers of the Company prior to the end of the Company Lock-up Period (as defined below), the Company shall cause each such person, prior to or contemporaneously with their appointment or election as a director or executive officer of the Company, to execute and deliver to Jefferies a Lock-up Agreement.