Common use of Lockup Period Limitation Clause in Contracts

Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 29 contracts

Samples: Agreement (Bluestem Brands, Inc.), Restricted Stock Agreement (Bluestem Brands, Inc.), Nonqualified Stock Option Agreement (Winland Electronics Inc)

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Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option Option or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 20 contracts

Samples: Director Nonqualified Stock Option Agreement (BIO-TECHNE Corp), Incentive Stock Option Agreement (BIO-TECHNE Corp), Employee Nonqualified Stock Option Agreement (BIO-TECHNE Corp)

Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders Participant may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of this Option or the Company Common Stock underlying Common Stockthis Option, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, effective date of the prospectus relating to such offering Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option Option or any of the underlying shares of Company Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 20 contracts

Samples: Incentive Stock Option Agreement (BIO-TECHNE Corp), Incentive Stock Option Agreement (BIO-TECHNE Corp), Incentive Stock Option Agreement (BIO-TECHNE Corp)

Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders Participant may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the Company Common Stock underlying Common Stockthis Award, Participant hereby agrees that for a period not to exceed 180 days from the prospectuseffective date of the prospectus relating to such offering, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option or any of the underlying shares of Company Common Stock underlying this Award without the prior written consent of the underwriter(s) or its representative(s).

Appears in 16 contracts

Samples: Restricted Stock Award Agreement (BIO-TECHNE Corp), Restricted Stock Unit Agreement (BIO-TECHNE Corp), Restricted Stock Award Agreement (BIO-TECHNE Corp)

Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option Agreement or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 16 contracts

Samples: Restricted Stock Agreement (Analysts International Corp), Restricted Stock Agreement (Cardiovascular Systems Inc), Restricted Stock Agreement (Broadview Institute Inc)

Lockup Period Limitation. Participant Optionee agrees that in the event the Company advises Participant Optionee that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant Optionee hereby agrees that for a period not to exceed 180 days from the date of prospectus, Participant Optionee will not sell or contract to sell or grant an option to buy or otherwise dispose of this option or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 6 contracts

Samples: Nonqualified Stock Option Agreement (Datakey Inc), Nonqualified Stock Option Agreement (Datakey Inc), Nonqualified Stock Option Agreement (Cardiovascular Systems Inc)

Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders stockholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option Award or any of the underlying shares of Common Stock without the prior written consent of the of the underwriter(s) or its representative(s).

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Broadwind Energy, Inc.), Restricted Stock Award Agreement (Broadwind Energy, Inc.), Restricted Stock Award Agreement (Broadwind Energy, Inc.)

Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amendedamended (the “Securities Act”), and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option Option or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 5 contracts

Samples: Employment Agreement (Kite Pharma, Inc.), Stock Option Agreement (Arno Therapeutics, Inc), Stock Option Agreement (Arno Therapeutics, Inc)

Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock common stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders stockholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stockcommon stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option or any of the underlying shares of Common Stock common stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 5 contracts

Samples: Executive Incentive Stock Option Agreement (Broadwind Energy, Inc.), Incentive Stock Option Agreement (Broadwind Energy, Inc.), Incentive Stock Option Agreement (Tower Tech Holdings Inc.)

Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or of all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option Agreement or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 4 contracts

Samples: Restricted Stock Agreement (Cash Systems Inc), Restricted Stock Agreement (Cash Systems Inc), Restricted Stock Agreement (Cash Systems Inc)

Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option Award or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 4 contracts

Samples: Restricted Stock Agreement (Surmodics Inc), Performance Share Award (Surmodics Inc), Restricted Stock Agreement (Christopher & Banks Corp)

Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek seeks to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Makemusic, Inc.), Incentive Stock Option Agreement (Winland Electronics Inc), Incentive Stock Option Agreement (Winland Electronics Inc)

Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders stockholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option SAR or any of the underlying shares of Common Stock without the prior written consent of the of the underwriter(s) or its representative(s).

Appears in 3 contracts

Samples: Stock Appreciation Rights Agreement (Broadwind Energy, Inc.), Stock Appreciation Rights Agreement (Broadwind Energy, Inc.), Stock Appreciation Rights Agreement (Tower Tech Holdings Inc.)

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Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders stockholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option the Option or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Broadwind Energy, Inc.), Nonqualified Stock Option Agreement (Broadwind Energy, Inc.), Nonqualified Stock Option Agreement (Tower Tech Holdings Inc.)

Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders stockholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option Performance Award or any of the underlying shares of Common Stock without the prior written consent of the of the underwriter(s) or its representative(s).

Appears in 3 contracts

Samples: Performance Award Agreement (Broadwind Energy, Inc.), Performance Award Agreement (Tower Tech Holdings Inc.), Performance Award Agreement (Broadwind Energy, Inc.)

Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek seek(s) to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Makemusic, Inc.), Incentive Stock Option Agreement (Makemusic, Inc.)

Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option Agreement, the Award, or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Techne Corp /Mn/)

Lockup Period Limitation. (i) Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek seeks to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Makemusic Inc)

Lockup Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option SAR or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 1 contract

Samples: Stock Appreciation Rights Agreement (Surmodics Inc)

Lockup Period Limitation. (i) Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this option or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Makemusic Inc)

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