Common use of Lock-Up Provision Clause in Contracts

Lock-Up Provision. The Optionee agrees, if requested by the Company and any underwriter engaged by the Company, not to offer, sell, contract to sell, pledge, hypothecate, grant any option to purchase or make any short sale of, or otherwise dispose of any securities (including the right to acquire any Common Stock) of the Company (including, without limitation, pursuant to Rule 144 under the Securities Act of 1933, as amended (the "Securities Act")) held by him or her for such period following the effective date of any registration statement of the Company filed under the Securities Act as the Company or such underwriter shall specify reasonably and in good faith, not to exceed ninety (90) days.

Appears in 3 contracts

Samples: Stock Option Agreement (Firepond Inc), Stock Option Agreement (Firepond Inc), Stock Option Agreement (Firepond Inc)

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Lock-Up Provision. The Optionee agrees, if requested by the Company and any underwriter engaged by the Company, not to offer, sell, contract to sell, pledge, hypothecate, grant any option to purchase or make any short sale of, or otherwise dispose of any securities (including the right to acquire any Common Stock) of the Company (including, without limitation, pursuant to Rule 144 under the Securities Act of 1933, as amended (the "Securities ActSECURITIES ACT")) held by him or her for such period following the effective date of any registration statement of the Company filed under the Securities Act as the Company or such underwriter shall specify reasonably and in good faith, not to exceed ninety (90) days.

Appears in 2 contracts

Samples: Stock Option Agreement (Firepond Inc), Stock Option Agreement (Firepond Inc)

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Lock-Up Provision. The Optionee agrees, if requested by the Company and any underwriter engaged by the Company, not to offer, sell, contract to sell, pledge, hypothecate, grant any option to purchase or make any short sale of, or otherwise dispose of any securities (including the right to acquire any Common Stock) of the Company (including, without limitation, pursuant to Rule 144 under the Securities Act of 1933, as amended (the "Securities Act")) held by him or her for such period following the effective date of any registration 5 Firepond Confidential And Proprietary statement of the Company filed under the Securities Act as the Company or such underwriter shall specify reasonably and in good faith, not to exceed ninety (90) days.

Appears in 1 contract

Samples: Stock Option Agreement (Firepond Inc)

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