Common use of Lockup Provision Clause in Contracts

Lockup Provision. The Optionee agrees, if requested by the Company and any underwriter engaged by the Company, not to sell or otherwise transfer or dispose of any securities of the Company (including, without limitation pursuant to Rule 144 under the Act) held by him or her for such period following the effective date of any registration statement of the Company filed under the Act as the Company or such underwriter shall specify reasonably and in good faith, not to exceed 180 days in the case of the Company's Initial Public Offering or 90 days in the case of any other public offering.

Appears in 6 contracts

Samples: Incentive Stock Option Agreement (NxStage Medical, Inc.), Incentive Stock Option Agreement (Haights Cross Communications Inc), Incentive Stock Option Agreement (Haights Cross Communications Inc)

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Lockup Provision. The Optionee Xxxxx agrees, if requested by the Company and any underwriter engaged by the Company, not to sell or otherwise transfer or dispose of any securities of the Company (including, without limitation pursuant to Rule 144 under the Act) held by him or her for such period following the effective date of any registration statement of the Company filed under the Act as the Company or such underwriter shall specify reasonably and in good faith, not to exceed 180 days in the case of the Company's Initial Public Offering or 90 days in the case of any other public offering.

Appears in 2 contracts

Samples: Option Agreement (First Marblehead Corp), Option Agreement (First Marblehead Corp)

Lockup Provision. The Optionee agrees, if requested by the Company and any underwriter engaged by the Company, not to sell or otherwise transfer or dispose of any securities of the Company Issued Shares (including, without limitation limitation, pursuant to Rule 144 under the Act) held by him or her for such period following the effective date of any registration statement of the Company filed under the Act as the Company or such underwriter shall specify reasonably and in good faith, not to exceed 180 days in the case of the Company's Initial Public Offering or 90 days in the case of any other public offering.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Clayton Holdings Inc)

Lockup Provision. The Optionee agrees, if requested by the Company and any underwriter engaged by the Company, not to sell or otherwise transfer or dispose of any securities of the Company Issued Shares (including, without limitation pursuant to Rule 144 under the Act) held by him or her for such period following the effective date of any registration statement of the Company filed under the Act as the Company or such underwriter shall specify reasonably and in good faith, not to exceed 180 days in the case of the Company's Initial Public Offering or 90 days in the case of any other public offering.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Clayton Holdings Inc)

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Lockup Provision. The Optionee agrees, if requested by the Company and any underwriter engaged by the Company, not to sell or otherwise transfer or dispose of any securities of the Company Issued Shares (including, without limitation pursuant to Rule 144 under the Act) held by him or her for such period following the effective date of any registration statement of the Company filed under the Act as the Company or such underwriter shall specify reasonably and in good faith, not to exceed 180 one hundred eighty (180) days in the case of the Company's Initial Public Offering or 90 ninety (90) days in the case of any other public offering.

Appears in 1 contract

Samples: Stock Option Agreement (Dov Pharmaceutical Inc)

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