Common use of Lock-Up Provisions Clause in Contracts

Lock-Up Provisions. In addition to the other restrictions provided in this Schedule, the Employee agrees to the following limitations and lock-up provisions: 3.4.3.1 The Employee shall not dispose or convey greater than ten-percent (10%) of the Shares between the first day after the first year after issuance and the conclusion of the second year after issuance. 3.4.3.1 The Employee shall not dispose or convey greater than twenty percent (20%) of the Shares between the conclusion of the first year up to and after the first day of the third year after issuance.

Appears in 14 contracts

Samples: Employment Agreement (ATI Nationwide Holding Corp.), Employment Agreement (ATI Nationwide Holding Corp.), Employment Agreement (AMERICATOWNE Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!