Common use of LIMITATIONS ON SALE OR DISTRIBUTION OF SECURITIES Clause in Contracts

LIMITATIONS ON SALE OR DISTRIBUTION OF SECURITIES. If a registration hereunder shall be in connection with an underwritten public offering, the participating Holders shall be deemed to have agreed by acquisition of their Registrable Securities not to effect any public sale or distribution, including any sale pursuant to Rule 144 under the Securities Act, of any Registrable Securities and to use their best efforts not to effect any such public sale or distribution of any other equity security of the Company or of any security convertible into or exchangeable or exercisable for any equity security of the Company (other than as part of such underwritten public offering) within 30 days before or 90 days (which period may be extended up to an additional 90 days if, and only to the extent that, all directors, executive officers and other persons with registration rights with respect to securities of the Company are required to execute standard lockup agreements with the underwriters in such public offering) after the effective date of such registration statement. In such event, such participating Holders agree, if requested, to sign a customary market standoff letter with the Company's managing underwriter, and to comply with applicable rules and regulations of the Commission.

LIMITATIONS ON SALE OR DISTRIBUTION OF SECURITIES. If a registration ------------------------------------------------- hereunder shall be in connection with an underwritten public offering, the participating Holders each Investor shall be deemed to have agreed by acquisition of their its Registrable Securities not to effect any public sale or distribution, including any sale pursuant to Rule 144 under the Securities Act, of any Registrable Securities and to use their its best efforts not to effect any such public sale or distribution of any other equity security of the Company (including any short sale) or of any security convertible into or exchangeable or exercisable for any equity security of the Company (other than as part of such underwritten public offering) within 30 10 days before or 90 days (which period may be extended up to an additional 90 days if, and only to the extent that, all directors, executive officers and other persons with registration rights with respect to securities of the Company are required to execute standard lockup agreements with the underwriters in such public offering) after the effective date of such registration statement. In such event, such participating Holders agreethe Investors shall, if requested, to sign a customary market standoff stand-off letter with the Company's managing underwriter, and to comply with applicable rules and regulations of the Commission.