Common use of Lock-Ups Clause in Contracts

Lock-Ups. The Company’s directors, executive officers, employees and shareholders holding at least ten percent (10%) of the outstanding Common Shares will enter into customary “lock-up” agreements (the “Lock-Up Agreements”) in favor of, and in form reasonably acceptable to, Aegis and the investors for a period of ninety (90) days from the closing date of the Placement (the “Closing Date”); provided, however, that any sales by parties to the lock-ups shall be subject to the lock-up agreements and provided further, that none of such shares shall be saleable in the public market until the expiration of the ninety (90) day period described above.

Lock-Ups. The Transaction Documents will provide, among other items, that Company’s directors, executive officers, employees officers and shareholders holding at least ten percent (10%) of the outstanding Common Shares ordinary shares will enter into customary “lock-up” agreements (the “Lock-Up Agreements”) in favor of, and in form reasonably acceptable to, Aegis and the investors for a period of ninety (90) days from the closing date of the Placement (the “Closing Date”)Placements; provided, however, that any sales by parties to the lock-ups shall be subject to the lock-up agreements and the limited exception therein and provided further, that none of such shares shall be saleable in the public market until the expiration of the ninety (90) day period described above.

Lock-Ups. The Transaction Documents will provide, among other items, that the Company’s 's directors, executive officers, employees officers and shareholders holding at least ten percent (10%) of the outstanding Common Shares ordinary shares will enter into customary “"lock-up” " agreements (the “Lock-Up Agreements”) in favor of, and in form reasonably reasonable acceptable to, Aegis and the investors the underwriters for a period of ninety (90) days from the closing date of which the Placement (the “Closing Date”)Registration Statement is declared effective; provided, however, that any sales by parties to the lock-ups shall be subject to the lock-up agreements and provided further, that none of such shares shall be saleable in the public market until the expiration of the ninety (90) day period described above.