Common use of Hold-Back Agreement Clause in Contracts

Hold-Back Agreement. By electing to include Registrable Shares in an Underwritten Offering pursuant to a Piggyback Registration Statement, Holding shall be deemed to have agreed not to effect any sale or distribution of securities of the Company of the same or similar class or classes of the securities included in the Registration Statement or any securities convertible into or exchangeable or exercisable for such securities, including a sale pursuant to Rule 144 under the Securities Act, during such periods as reasonably requested (but in no event longer than 30 days before or 60 days following the pricing of such Underwritten Offering, provided each of the executive officers and directors of the Company who holds shares of Common Stock of the Company or securities convertible into or exchangeable or exercisable for shares of Common Stock of the Company is subject to the same restriction for the entire time period required of Holding hereunder) by the representatives of the underwriters.

Hold-Back Agreement. By electing to include Registrable Shares in an Underwritten Offering pursuant to a Piggyback Registration Statement, Holding Parent shall be deemed to have agreed not to effect any sale or distribution of securities of the Company Enova of the same or similar class or classes of the securities included in the Registration Statement or any securities convertible into or exchangeable or exercisable for such securities, including a sale pursuant to Rule 144 under the Securities Act, during such periods as reasonably requested (but in no event longer than 30 days days’ before or 60 days 90 days’ following the pricing of such Underwritten Offering, provided provided, that each of the executive officers and directors of the Company Enova who holds shares of Common Stock of the Company or securities convertible into or exchangeable or exercisable for shares of Common Stock of the Company is subject to the same restriction for the entire time period required of Holding Parent hereunder) by the representatives of the underwriters.