Lock-Up Agreement. The Optionee hereby agrees that in the event that the Optionee exercises this Option during a period in which any directors or officers of the Company have agreed with one or more underwriters not to sell securities of the Company, then, as a condition to such exercise, the Optionee shall enter into an agreement, in form and substance satisfactory to the Company, pursuant to which the Optionee shall agree to restrictions on transferability of the Shares comparable to the restrictions agreed upon by such directors or officers of the Company.
Appears in 62 contracts
Samples: Incentive Stock Option Grant Agreement (Corbus Pharmaceuticals Holdings, Inc.), Stock Option Grant Agreement (Corbus Pharmaceuticals Holdings, Inc.), Nonqualified Stock Option Grant Agreement (Data Storage Corp)
Lock-Up Agreement. The Optionee hereby agrees that in the event that the Optionee exercises this Option during a period in which any directors or officers of the Company have agreed with one or more underwriters not to sell securities of the Company, then, upon request from the Company, as a condition to such exercise, the Optionee shall enter into an agreement, in form and substance satisfactory to the Company, pursuant to which the Optionee shall agree to restrictions on transferability of the Shares comparable to the restrictions agreed upon by such directors or officers of the Company.
Appears in 4 contracts
Samples: Nonqualified Stock Option Grant Agreement (Atrinsic, Inc.), Incentive Stock Option Grant Agreement (Atrinsic, Inc.), Incentive Stock Option Grant Agreement (Corbus Pharmaceuticals Holdings, Inc.)
Lock-Up Agreement. The Optionee Optioned hereby agrees that in the event that the Optionee Optioned exercises this Option during a period in which any directors or officers of the Company have agreed with one or more underwriters not to sell securities of the Company, then, as a condition to such exercise, the Optionee Optioned shall enter into an agreement, in form and substance satisfactory to the Company, pursuant to which the Optionee Optioned shall agree to restrictions on transferability of the Shares comparable to the restrictions agreed upon by such directors or officers of the Company.
Appears in 1 contract
Samples: Nonqualified Stock Option Grant Agreement (Blue Bird Corp)
