Common use of Lock-up; Registration Rights Clause in Contracts

Lock-up; Registration Rights. In connection with the Company seeking Supermajority Approval of a Public Offering, the Unilever Stockholder hereby agrees to negotiate in good faith the terms of (a) a customary lock-up agreement with the Company, and (b) a waiver of the Unilever Stockholder’s rights under Section 8.1 in exchange for customary registration rights for the Unilever Shares; provided, however, that the Unilever Stockholder may withhold its approval of such Public Offering and may withhold its agreement to any such lock-up or waiver in its sole discretion and for any reason whatsoever.

Appears in 8 contracts

Samples: Stockholders’ Agreement (Johnsondiversey Holdings Inc), Stockholders’ Agreement (Johnsondiversey Inc), Stockholders’ Agreement (Johnson Polymer Inc)

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Lock-up; Registration Rights. In connection with the Company seeking Supermajority Approval of a Public Offering, the Unilever Stockholder hereby agrees to negotiate in good faith the terms of (a) a customary lock-up agreement with the Company, and (b) a waiver of the Unilever Stockholder’s rights under Section 8.1 in exchange for customary registration rights for the Unilever Shares; provided, however, that the Unilever Stockholder may withhold its approval of such Public Offering and may withhold its agreement to any such lock-up or waiver in its sole discretion and for any reason whatsoever.and

Appears in 2 contracts

Samples: Stockholders’ Agreement (Johnsondiversey Inc), Stockholders’ Agreement (Johnsondiversey Holdings Inc)

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