Amendment of Lock-Up Agreement Sample Clauses

Amendment of Lock-Up Agreement. The parties hereby agree that, as of the Closing Date, the Lock-Up Agreement shall be amended:
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Amendment of Lock-Up Agreement. The Company and Employee each acknowledge and agree that the Lock-Up Letter Agreement by and between the Company and Employee, dated February 18, 2011 (the “Lock-Up Agreement”) is hereby amended so that, notwithstanding anything contained to the contrary in the Lock-Up Agreement, Employee may sell up to 5,000 shares of Common Stock on any given trading day, until such time as Employee has received cumulative aggregate proceeds from such sales equal to $200,000 (the “Sales Threshold”). Employee agrees and acknowledges that the Company’s Chief Financial Officer will have the right to determine, on a reasonable basis, when Employee has sold sufficient shares of Common Stock to meet the Sales Threshold. Immediately upon reaching the Sales Threshold, Employee agrees and acknowledges that the terms and conditions of the Lock-Up Agreement in place prior to the amendment thereof pursuant to this Agreement, will resume in full force and effect.
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Amendment of Lock-Up Agreement. The Company shall not amend any Lock-Up Agreement without the consent of those Purchasers owning or having the right to acquire sixty-six and two-thirds percent (66 2/3%) of the Shares and the Warrant Shares (which such 66 2/3% must include the Securities held by the SSF Purchasers).
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Amendment of Lock-Up Agreement a. Section 11(b) of the Lock-Up Agreement is hereby deleted in its entirety and replaced in lieu thereof with the following:
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Amendment of Lock-Up Agreement. Dear Bxxxx: In connection with your resignation as an officer and director of Liquid Holdings Group, Inc. (the “Company”) in April of this year, you as well as four entities controlled by you, Ferdinand Holdings, LLC, Ferdinand Trading II LLC, LT World Limited LLC and LT World Partners LLC (collectively, the “Ferdinand Entities”), entered into a Lock-Up Agreement, dated April 18, 2014 (the “Lock-Up Agreement”), in favor of the Company. Pursuant to the terms of the Lock-Up Agreement, you and the Ferdinand Entities agreed, among other things, not to sell or transfer (under the circumstances described in the Lock-Up Agreement) your shares of the Company’s common stock, $0.0001 par value per share (collectively, the “Shares”) for a period of one (1) year from the date of the Lock-Up Agreement. You and the Ferdinand Entities have previously requested that the Company waive the provisions of the Lock-Up Agreement to allow the sale, in the aggregate, of up to 771,000 of the Shares (the “First Release”) by one or more of you. You have now requested that an additional 500,000 Shares be released from the Lock-Up Agreement (the “Second Release”). The Company hereby consents to the Second Release, on the condition that you and the Ferdinand Entities agree to the following amendments to the Lock-Up Agreement:
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Related to Amendment of Lock-Up Agreement

  • Existing Lock-Up Agreement The Company will enforce all existing agreements between the Company and any of its security holders that prohibit the sale, transfer, assignment, pledge or hypothecation of any of the Securities in connection with the Offering. In addition, the Company will direct the Company’s transfer agent to place stop transfer restrictions upon any such Securities of the Company that are bound by such existing “lock-up” agreements for the duration of the periods contemplated in such agreements.

  • Amendment of Loan Agreement The Loan Agreement is hereby amended as follows:

  • Lock-Up Agreement The Underwriters shall have received all of the Lock-Up Agreements referenced in Section 4 and the Lock-Up Agreements shall remain in full force and effect.

  • Term of Agreement; Amendment; Assignment A. This Agreement shall become effective with respect to each Fund listed on Exhibit A hereof as of the date hereof and, with respect to each Fund not in existence on that date, on the date an amendment to Exhibit A to this Agreement relating to that Fund is executed. Unless sooner terminated as provided herein, this Agreement shall continue in effect for two years from the date hereof. Thereafter, if not terminated, this Agreement shall continue in effect automatically as to each Fund for successive one-year periods, provided such continuance is specifically approved at least annually by: (i) the Trust’s Board, or (ii) the vote of a “majority of the outstanding voting securities” of a Fund, and provided that in either event, the continuance is also approved by a majority of the Trust’s Board who are not “interested persons” of any party to this Agreement, by a vote cast in person at a meeting called for the purpose of voting on such approval.

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 3 below, the Loan Agreement is hereby amended as follows:

  • AMENDMENT AGREEMENT The Global Custody Agreement of January 3, 1994, (the “Custody Agreement”), as amended from time to time, by and between each of the Entities listed in Schedule A, as amended thereto, severally and not jointly (each such entity referred to hereinafter as the “Customer”) and JPMorgan Chase Bank, whose contracts have been assumed by JPMORGAN CHASE BANK (the “Bank”) is hereby further amended, as of April 29, 2010 (the “Amendment Agreement”). Terms defined in the Custody Agreement are used herein as therein defined.

  • Amendment of Agreement This Agreement may be amended only by written agreement of the Adviser and the Sub-Adviser and only in accordance with the provisions of the 1940 Act and the rules and regulations promulgated thereunder.

  • Complete Agreement; Waiver; Amendment This Agreement is not a ------------------------------------- promise of future employment. Employee has no oral representations, understandings, or agreements with the Company or any of its officers, directors, or representatives covering the same subject matter as this Agreement. This Agreement is the final, complete, and exclusive statement and expression of the agreement between the Company and Employee with respect to the subject matter hereof, and cannot be varied, contradicted, or supplemented by evidence of any prior or contemporaneous oral or written agreements. This written Agreement may not be later modified except by a further writing signed by a duly authorized officer of the Company and Employee, and no term of this Agreement may be waived except by a writing signed by the party waiving the benefit of such term.

  • Amendment of Note The Note is amended as follows: The “Maturity Date” of the Note is hereby extended from September 30, 2010 until December 31, 2010, which date shall hereafter be the new “Maturity Date.”

  • Amendment and Supplement Any amendment and supplement of this Agreement shall come into force only after a written agreement is signed by both parties. The amendment and supplement duly executed by both parties shall be part of this Agreement and shall have the same legal effect as this Agreement.

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