Lock-up Release. The Company agrees to announce the impending release or waiver of any lock-up restrictions of any officer or director of the Company by press release through a major news service at least two business days before the effective date of the release or waiver. Any release or waiver granted by Sandler to any such officer or director shall only be effective two business days after the publication date of such press release.
Appears in 6 contracts
Samples: Underwriting Agreement (Southern First Bancshares Inc), Underwriting Agreement (Midsouth Bancorp Inc), Underwriting Agreement (Southern First Bancshares Inc)
Lock-up Release. The Company agrees to announce the impending release or waiver of any lock-up restrictions of any officer or director of the Company by press release through a major news service at least two business days before the effective date of the release or waiver. Any release or waiver granted by Sandler the Representative to any such officer or director shall only be effective two business days after the publication date of such press release.
Appears in 2 contracts
Samples: Underwriting Agreement (Red River Bancshares Inc), Underwriting Agreement (Red River Bancshares Inc)
Lock-up Release. The Company agrees to announce the impending release or waiver of any lock-up restrictions of any officer or director of the Company by press release through a major news service at least two business days before the effective date of the release or waiver. Any release or waiver granted by Sandler the Representatives to any such officer or director shall only be effective two business days after the publication date of such press release.
Appears in 1 contract
