Limitation on Sale of Securities. The Company hereby agrees that if it shall previously have received a request for registration pursuant to Section 2.1 hereof, and if such previous registration shall not have been withdrawn or abandoned, (i) the Company shall not effect any public or private offer, sale or distribution of its securities or effect any registration of any of its equity securities under the Securities Act (other than a registration on Form S-8 or any successor or similar form which is then in effect), for sale for its own account, until a period of 120 days (or such shorter period as the Company shall be advised by the managing underwriter) shall have elapsed from the effective date of such previous registration, and the Company shall so provide in any registration rights agreements hereafter entered into with respect to any of its securities; and (ii) the Company shall use its reasonable best efforts to cause each holder of its equity securities purchased from the Company other than as part of a public offering at any time after the date of this Agreement to agree not to effect any public sale or distribution of any such securities during such period, including a sale pursuant to Rule 144 under the Securities Act.
Limitation on Sale of Securities. If any registration of Registerable Securities shall be in connection with an underwritten public offering, the Company (and each Holder holding more than three percent (3%) of the issued and outstanding securities of the Company who does not include its Registerable Securities therein) agrees (x) not to effect any public sale or distribution of any issue of the same class or series as the Registerable Securities being registered in an underwritten public offering (other than pursuant to an employee stock option, stock purchase or similar plan, pursuant to a dividend reinvestment plan, pursuant to a merger, exchange offer or a transaction of the type specified in Rule 145(a) under the Securities Act), any securities of the Company similar to any such issue or any securities of the Company or of any security convertible into or exchangeable or exercisable for any such issue of the Company during the 15 days prior to, and during the 45-day period (or such longer period, not in excess of 90 days, as may be reasonably requested by the underwriter of such offering) beginning on the effective date of such registration statement (except as part of such registration) and (y) that any agreement entered into after the date of this Agreement pursuant to which the Company issues or agrees to issue any privately placed securities shall contain a provision under which holders of such securities agree not to effect any public sale or distribution of any such securities during the period referred to in the foregoing clause (x), except as part of such registration, if permitted. Notwithstanding any of the foregoing, a Note Holder shall not be limited in any way in its sale or distribution of any securities of the Company before, during or after any such underwritten offering, except to the extent of the Registerable Securities held by the Note Holder.
Limitation on Sale of Securities. The Investor agrees to limit the number of registered shares it may sell following registration to no more than 25,000 shares during any calendar quarter for the first Two years following registration.
Limitation on Sale of Securities. The Company hereby agrees that if it shall previously have received a request for registration pursuant to Sections 3.1 or 3.2 hereof, and if such previous registration shall not have been withdrawn or abandoned, the Company shall not effect any public or private offer, sale or distribution of its equity securities or effect any registration of any of its equity securities under the Securities Act (other than a registration on Form S-8 or any successor or similar form which is then in effect), whether or not for sale for its own account, until a period of 180 days (or such shorter period as the Holders shall be advised by their managing underwriter) shall have elapsed from the effective date of such previous registration, and the Company shall so provide in any registration rights agreements hereafter entered into with respect to any of its equity securities.
Limitation on Sale of Securities. The Company hereby agrees that if it shall previously have received a request for registration pursuant to Section 2.1 or 2.2 hereof, and if such previous registration shall not have been withdrawn or abandoned, the Company shall not effect any public or private offer, sale or distribution of its securities or effect any registration of any of its equity securities under the Securities Act whether or not for sale for its own account, until a period of 90 days (or such shorter period as the Purchasers shall be advised by their managing underwriter) shall have elapsed from the effective date of such previous registration, and the Company shall so provide in any registration rights agreements hereafter entered into with respect to any of its securities provided, however, that during this 90 day period the Company may (i) offer, sell and distribute its equity securities in connection with acquisitions or any Company employee or director benefit or stock purchase or stock option plans, (ii) grant or award Common Stock, options to purchase Common Stock in connection with acquisitions or under such Company plans and (iii) take any other actions necessary in connection with any of the foregoing in order to register such Common Stock with the Commission.
Limitation on Sale of Securities. The Company hereby agrees that if it shall previously have received a proper request for registration pursuant to Sections 3.1 or 3.2 hereof and it has not postponed such registration pursuant to Section 3.1(j) hereto, and if such previous registration shall not have been withdrawn or abandoned, the Company shall not effect any public or private offer, sale or distribution of its equity securities (other than pursuant to rights of conversion or exercise or other rights in existence on the effective date of such previous registration) or effect any registration of any of its equity securities under the Securities Act (other than a registration on Form S-8 or any successor or similar form which is then in effect), whether or not for sale for its own account, until a period of 45 days (or such shorter period as the Holders shall be advised by their managing underwriter) shall have elapsed from the effective date of such previous registration, and the Company shall so provide in any registration rights agreements hereafter entered into with respect to any of its equity securities.
Limitation on Sale of Securities. (a) For the Company and Others. If the Company receives a request for registration pursuant to an underwritten offering of Registrable Securities pursuant to Section 2.1 or 2.2 hereof, and if such a request is being implemented or has not been withdrawn or abandoned, the Company agrees that (i) the Company shall not effect any public or private offer, sale, distribution or other disposition of any of its equity securities or of any security convertible into or exchangeable or exercisable for any equity security of the Company or effect any registration of any of such securities under the Securities Act (in each case, other than (x) option grants to employees and directors pursuant to the Company's option plan, (y) as part of such registration and (z) as a registration using Form S-8 or any successor or similar form which is then in effect), whether or not for sale for its own account, during the period beginning on the date the Company receives such request until 90 days after the effective date of such registration (or such shorter period as the managing underwriter(s) may require) and (ii) the Company shall use its reasonable best efforts to obtain from each of its executive officers, directors and each affiliate thereof that is in each case the beneficial owner of 1% or more of Common Stock, an agreement not to effect any public or private offer, sale, distribution or other disposition of Common Stock, or any securities that are convertible or exchangeable or exercisable for Common Stock, during the period referred to in clause (i) of this paragraph, including, without limitation, a sale pursuant to Rule 144 under the Securities Act.
Limitation on Sale of Securities. (a) Until the expiration of the Investors' right to request the registration of Registrable Securities pursuant to Section 2.2(a) hereof, each Holder of Registrable Securities agrees in connection with an underwritten public offering by the Company, not to effect any public sale or distribution, including any sale pursuant to Rule 144 under the Securities Act, of any Registrable Securities, and not to effect any such public sale or distribution of any other equity security of the Company or of any security convertible into or exchangeable or exercisable for any equity security of the Company (in each case, other than as part of such underwritten public offering) during the 15 days prior to, and during the 90-day period (or such longer period, not in excess of 180 days, as may be reasonably requested by the underwriter of such offering) beginning on, the effective date of such registration statement (except as part of such registration) provided that each Holder of Registrable Securities has received written notice of such registration at least 15 days prior to such effective date.
Limitation on Sale of Securities. If the Company receives a request for registration pursuant to an underwritten offering of registrable securities pursuant to Section 2.1 or 2.2 of the Investor Stockholders Agreement (and if such a request is being implemented or has not been withdrawn or abandoned), each Stockholder agrees that, to the extent requested in writing by the managing underwriter(s), it will not effect any public or private offer, sale, distribution or other disposition of any Common Stock during the 180-day period in the case of an initial public offering of Common Stock (or such shorter period as the managing underwriter(s) may require), or the 90-day period in the case of any other underwritten offering (or such shorter period as the managing underwriter(s) may require), in each case beginning on the effective date of such registration statement and excluding shares of Common Stock covered by the registration statement filed in connection with such underwritten offering (such periods of time being herein referred to as the “Restricted Period”), provided that each Stockholder has received prior written notice of such offering and provided, further, that, in connection with such underwritten offering, each officer and director of the Company is subject to restrictions substantially equivalent to those imposed on the Stockholders, and provided, further, that, if (A) the Company issues an earnings release or material news or a material event relating to the Company occurs during the last 17 days of the relevant Restricted Period, or (B) prior to the expiration of the relevant Restricted Period, the Company announces that it will release earnings results during the 16-day period beginning on the last day of the relevant Restrictive Period, the restrictions imposed by this Section 3.6 shall continue to apply until the expiration of the 18-day period beginning on the issuance of the earnings release or the occurrence of the material news or material event.
Limitation on Sale of Securities. The Reorganized Company hereby agrees that if it shall previously have received a request for registration pursuant to Section 2.1 or 2.2 hereof, and if such previous registration shall not have been withdrawn or abandoned, (i) the Reorganized Company shall not effect any public or private offer, sale or distribution of its securities or effect any registration of any of its equity securities under the Securities Act (other than a registration on Form S-8 or any successor or similar form which is then in effect), whether or not for sale for its own account, until a period of 90 days (or such shorter period as the Registering Stockholders shall be advised by their managing underwriter) shall have elapsed from the effective date of such previous registration, and the Reorganized Company shall so provide in any registration rights agreements hereafter entered into with respect to any of its securities; and (ii) the Reorganized Company shall use its best efforts to cause each holder of its equity securities purchased from the Reorganized Company at any time after the date of this Agreement to agree not to effect any public sale or distribution of any such securities during such period, including a sale pursuant to Rule 144 under the Securities Act.
