Common use of Distribution by Underwriters Clause in Contracts

Distribution by Underwriters. The managing underwriter or underwriters selected for any offering shall enter into an agreement with the Company and the Stockholders whereby the underwriters shall be prohibited from (i) distributing 5% or greater of the Registrable Securities to any Person in connection with the initial placement of the Registrable Securities for the offering and from (ii) distributing 5% or greater of the Registrable Securities to any Person for 90 days after such initial placement.

Distribution by Underwriters. The managing underwriter or underwriters selected for any offering shall enter into an agreement with the Company and the Stockholders stockholders whereby the underwriters shall be prohibited from (iA) distributing 5% or greater of the Registrable Registerable Securities to any Person in connection with the initial placement of the Registrable Registerable Securities for the offering and from (iiB) distributing 5% or greater of the Registrable Registerable Securities to any Person for 90 ninety (90) days after such initial placement.

Distribution by Underwriters. The managing underwriter or underwriters selected for any underwritten offering shall enter into an agreement with the Company and the Stockholders whereby the underwriters shall be prohibited from (i) distributing 5% or greater of the Registrable Securities to any Person in connection with the initial placement of the Registrable Securities for the offering and from (ii) distributing 5% or greater of the Registrable Securities to any Person for 90 days after such initial placement.