Common use of Additional Shares or Options Clause in Contracts

Additional Shares or Options. The Company hereby agrees that until the earlier of (1) six months after the Effective Date and (2) the time,the Company consummates a Business Combination, it shall not issue any shares of Common Stock or any options or other securities convertible into Common Stock, or any shares of Preferred Stock which participate in any manner in the Trust Fund or which vote as a class with the Common Stock on a Business Combination; except that the foregoing shall not restrict the Company's abilitly to issue shares in connection with the Business Combination or pursuant to a stock option or other similar compensation plan.

Appears in 7 contracts

Samples: Underwriting Agreement (Restaurant Acquisition Partners, Inc.), Underwriting Agreement (Restaurant Acquisition Partners, Inc.), Underwriting Agreement (Restaurant Acquisition Partners, Inc.)

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Additional Shares or Options. The Company hereby agrees that until the earlier of (1) six months after the Effective Date and (2) the time,, the Company consummates a Business Combination, it shall not issue any shares of Common Stock or any options or other securities convertible into Common Stock, or any shares of Preferred Stock which participate in any manner in the Trust Fund or which vote as a class with the Common Stock on a Business Combination; except that the foregoing shall not restrict the Company's abilitly ’s ability to issue shares in connection with the Business Combination or pursuant to a stock option or other similar compensation plan.

Appears in 2 contracts

Samples: Underwriting Agreement (Lumax Acquisition Corp.), Underwriting Agreement (Lumax Acquisition Corp.)

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Additional Shares or Options. The Company hereby agrees that until the earlier of (1) six months after the Effective Date and (2) the time,time the Company consummates a Business Combination, it shall not issue any shares of Common Stock or any options or other securities convertible into Common Stock, or any shares of Preferred Stock which participate in any manner in the Trust Fund or which vote as a class with the Common Stock on a Business Combination; except that the foregoing shall not restrict the Company's abilitly ’s ability to issue shares in connection with the Business Combination or pursuant to a stock option or other similar compensation plan.

Appears in 1 contract

Samples: Underwriting Agreement (Restaurant Acquisition Partners, Inc.)

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