Examples of Private Placement Lock-up Period in a sentence
Prior to the expiration of the Founder Shares Lock-up Period or the Private Placement Lock-up Period, as the case may be, no Holder may assign or delegate such Holder’s rights, duties or obligations under this Agreement, in whole or in part, except in connection with a transfer of Registrable Securities by such Holder to a Permitted Transferee but only if such Permitted Transferee agrees to become bound by the transfer restrictions set forth in this Agreement.
Prior to the expiration of the Founder Shares Lock-up Period or the Private Placement Lock-up Period, as the case may be, no Holder may assign or delegate such Holder’s rights, duties or obligations under this Agreement, in whole or in part, except in connection with a transfer of Registrable Securities by such Holder to a Permitted Transferee.
Each Holder agrees that it, he or she shall not Transfer any Registrable Securities until the expiration of the Founder Shares Lock-up Period or the Private Placement Lock-up Period, as applicable.
Notwithstanding anything to the contrary contained in this Agreement, no Registration shall be effected or permitted and no Registration Statement shall become effective, with respect to any Registrable Securities held by any Holders, until after the expiration of the Founder Shares Lock-up Period or the Private Placement Lock-up Period, as the case may be.
In addition, no written notice of a Piggyback Registration expected to be consummated prior to the expiration of the Founder Shares Lock-up Period or Private Placement Lock-up Period shall be required to be delivered by applicable holders thereof under this S ection 2.2.