Lockup Period definition
Examples of Lockup Period in a sentence
Notwithstanding anything to the contrary contained in this Agreement, the Company shall not be required to effect or permit any Registration or cause any Registration Statement to become effective, with respect to any Registrable Securities held by any Holder, until after the expiration of the Founder Shares Lock-Up Period, the Restricted Shares Lock-up Period or the Private Placement Lock-Up Period, as the case may be.
Notwithstanding anything to the contrary contained in this Agreement, the Company shall not be required to effect or permit any Registration or cause any Registration Statement to become effective, with respect to any Registrable Securities held by any Holder, until after the expiration of the Founder Shares Lock-up Period or the Private Placement Lock-up Period, as the case may be.
After the expiration of the Founder Shares Lock-up Period or the Private Placement Lock-up Period, as the case may be, the Holder may assign or delegate such Hxxxxx’s rights, duties or obligations under this Agreement, in while or in part, to any transferee.
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.
After the expiration of the applicable Lock-up Period, the Holder may assign or delegate such Xxxxxx’s rights, duties or obligations under this Agreement, in while or in part, to any transferee.