Common use of Lockup Agreement Clause in Contracts

Lockup Agreement. Each of the COMPANY and the STOCKHOLDERS shall have signed an agreement with the Underwriters, in form and substance identical to agreements signed by the Other Founding Companies and the Founding Stockholders in connection with the Other Agreements, by which the STOCKHOLDERS covenant to hold all of the VPI Stock acquired hereunder for a period of at least 180 days after the Closing Date except for transfers to immediate family members, and trusts for the benefit of STOCKHOLDERS and/or immediate family members, who agree to be bound by such restrictions on transfer.

Lockup Agreement. Each of the COMPANY COMPANIES and the STOCKHOLDERS shall have signed an agreement with the Underwriters, in form and substance identical to agreements signed by the Other Founding Companies and the Founding Stockholders in connection with the Other Agreements, by which the STOCKHOLDERS covenant to hold all of the VPI Stock acquired hereunder for a period of at least 180 days after the Closing Date except for transfers to immediate family members, and trusts for the benefit of STOCKHOLDERS and/or immediate family members, who agree to be bound by such restrictions on transfer.

Lockup Agreement. Each of the COMPANY and the STOCKHOLDERS shall have signed an agreement with the Underwriters, in form and substance identical to agreements signed by the Other Founding Companies and the Founding Stockholders in connection with the Other Agreements, by which the STOCKHOLDERS covenant to hold all of the VPI Stock acquired hereunder for a period of at least 180 days after the Closing Date except for transfers to immediate 50 family members, and trusts for the benefit of STOCKHOLDERS and/or immediate family members, who agree to be bound by such restrictions on transfer.