Common use of Black-Out Period Clause in Contracts

Black-Out Period. Each Holder agrees that, following the effectiveness of any Registration Statement (except an Issuance Registration Statement) relating to Registrable Shares of such Holder, such Holder will not effect any sales of the Registrable Shares pursuant to the Registration Statement or any filings with any state Securities Commission at any time after such Holder has received notice from the Company to suspend sales as a result of the occurrence or existence of any Suspension Event or so that the Company may correct or update the Registration Statement or such filing. The Holder may recommence effecting sales of the Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) business days after the conclusion of any such Suspension Event.

Black-Out Period. Each Holder agrees that, following the effectiveness of any Registration Statement (except an Issuance Registration Statement) relating to the Registrable Shares of such Holder, such Holder will not effect any sales of the Registrable Shares pursuant to the such Registration Statement or any filings with any state Securities Commission securities commission at any time after such Holder has received notice from the Company to suspend sales as a result of the occurrence or existence of any Suspension Event or so that the Company may correct or update the Registration Statement or such filing. The Holder may recommence effecting sales of the Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) business days after the conclusion of any such Suspension Event.

Black-Out Period. Each Holder agrees that, following Following the effectiveness of the Registration ---------------- Statement and the filings with any Registration Statement (except an Issuance Registration Statement) relating to Registrable Shares of such Holderstate securities commissions, such the Holder agrees that he will not effect any sales of the Registrable Shares pursuant to the Registration Statement or any such filings with any state Securities Commission at any time after such Holder he has received notice from the Company to suspend sales as a result of the occurrence or existence of any Suspension Event Event, during any Offering, or so that the Company may correct or update the Registration Statement or such filing. The Holder may recommence effecting sales of the Registrable Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five three (53) business days after the conclusion of any such Suspension EventEvent or Offering.

Black-Out Period. Each Holder agrees that, following the effectiveness of any Registration Statement (except an Issuance Registration Statement) relating to Registrable Shares of such Holder, such Holder will not effect any sales of the Registrable Shares pursuant to the Registration Statement or any filings with any state Securities Commission securities commissions at any time after such Holder has received notice from the Company to suspend sales as a result of the occurrence or existence of any Suspension Event or so that the Company may correct or update the Registration Statement or such filing. The Holder may recommence effecting sales of the Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) business days after the conclusion of any such Suspension Event.

Black-Out Period. Each Holder agrees that, following the effectiveness of any Registration Statement (except an Issuance Registration Statement) relating to the Registrable Shares of such Holder, such Holder will not effect any sales of the Registrable Shares pursuant to the such Registration Statement or any filings with any state Securities Commission securities commission at any time after such Holder has received notice from the Company to suspend sales as a result of the occurrence or existence of any Suspension Event or so that the Company may correct or update the Registration Statement or such filing. The Holder may recommence effecting sales of the Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) business days after the conclusion of any such Suspension Event.

Black-Out Period. Each Holder agrees that, following the effectiveness of any Registration Statement (except an Issuance Registration Statement) relating to the sale of Registrable Shares of such the Holder, such the Holder will not effect any sales of the Registrable Shares pursuant to the Registration Statement or any filings with any state Securities Commission securities commission at any time after such the Holder has received notice from the Company to temporarily suspend sales as a result of the occurrence or existence of any Suspension Event or so that the Company promptly may correct or update the Registration Statement or such filing. The Each Holder may recommence effecting sales of the Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) business days promptly after the conclusion of any such Suspension Event.

Black-Out Period. Each The Holder agrees that, following the effectiveness ---------------- of any Registration Statement (except an Issuance Registration Statement) relating to Registrable Shares of such the Holder, such the Holder will not effect any sales of the Registrable Shares pursuant to the Registration Statement or any filings with any state Securities Commission at any time after such the Holder has received notice from the Company to temporarily suspend sales as a result of the occurrence or existence of any Suspension Event or so that the Company promptly may correct or update the Registration Statement or such filing. The Holder may recommence effecting sales of the Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) business days promptly after the conclusion of any such Suspension Event.

Black-Out Period. Each Holder agrees that, following Following the effectiveness of any the Registration Statement (except an Issuance Registration ---------------- Statement) relating to Registrable Shares of such Holder, such Holder the Holders agree that they will not effect any sales of the Registrable Shares Registered Securities pursuant to the Registration Statement or any filings with any state Securities Commission at any time after such Holder has they have received notice from the Company Companies to suspend sales (i) as a result of the occurrence or existence of any Suspension Event Event, (ii) pursuant to Section 6(c) hereof as a result of any Offering for the 15-day period referred to in Section 6(c), or (iii) so that the Company Companies may correct or update the Registration Statement or such filingfiling pursuant to Section 2(c) or 2(d) of this Agreement. The Holder may recommence effecting sales of the Shares Registered Securities pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) business days Companies as soon as practicable after the conclusion of any such Suspension EventEvent or Offering.

Black-Out Period. Each Holder agrees that, following the ---------------- effectiveness of any Registration Statement (except an Issuance Registration Statement) relating to Registrable Shares of such Holder, such Holder will not effect any sales of the Registrable Shares pursuant to the Registration Statement or any filings with any state Securities Commission at any time after such Holder has received notice from the Company to suspend sales as a result of the occurrence or existence of any Suspension Event or so that the Company may correct or update the Registration Statement or such filing. The Holder may recommence effecting sales of the Shares pursuant to the Registration Statement or such filings following further notice to such effect from the Company, which notice shall be given by the Company not later than five (5) business days after the conclusion of any such Suspension Event.