Common use of Early Release of Lock-Up Restrictions Clause in Contracts

Early Release of Lock-Up Restrictions. In the event that any Holder is granted a discretionary waiver or termination of the restrictions set forth in Section 5.1 above, such discretionary release or waiver shall apply pro rata to all Holders based on the number of shares held.

Appears in 6 contracts

Samples: Registration Rights and Lock Up Agreement (Arrival), Registration Rights and Lock Up Agreement (Kensington Capital Acquisition Corp. V), Registration Rights and Lock Up Agreement (Wallbox N.V.)

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Early Release of Lock-Up Restrictions. In the event that any Holder Restricted Stockholder is granted a discretionary waiver or termination of the restrictions set forth in Section 5.1 aboveabove by the Board other than those set forth in this Article V, such discretionary release or waiver shall apply pro rata to all Holders Restricted Stockholders based on the number of shares heldheld by such Restricted Stockholder.

Appears in 2 contracts

Samples: Registration Rights and Lock Up Agreement (Envoy Medical, Inc.), Business Combination Agreement (Anzu Special Acquisition Corp I)

Early Release of Lock-Up Restrictions. In the event that any Holder is granted a discretionary waiver or termination of the restrictions set forth in Section 5.1 above5.1. above by the Board other than those set forth in this Article V, such discretionary release or waiver shall apply pro rata to all Holders based on the number of shares held.

Appears in 1 contract

Samples: Registration Rights and Lock Up Agreement (Tailwind Acquisition Corp.)

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Early Release of Lock-Up Restrictions. In the event that any Holder is granted a discretionary waiver or termination of the restrictions set forth in Section 5.1 aboveabove by the Board other than those set forth in this Article V, such discretionary release or waiver shall apply pro rata to all Holders based on the number of shares held.

Appears in 1 contract

Samples: Registration Rights and Lock Up Agreement (Nuburu, Inc.)

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