Lockup Provision. If the Company at any time shall register an offering and sale of shares common stock of the Company under the Securities Act in an Underwritten Offering (as defined in the Stockholders’ Agreement), the Optionee agrees to be subject to the holdback obligations set forth in Section 5.5 of the Stockholders’ Agreement. The Optionee agrees, if requested by the underwriter engaged by the Company, to execute a separate letter reflecting the agreement set forth in this Section 12.
Appears in 6 contracts
Samples: Non Qualified Stock Option Agreement (Hayward Holdings, Inc.), Non Qualified Stock Option Agreement (Hayward Holdings, Inc.), Non Qualified Stock Option Agreement (Hayward Holdings, Inc.)
Lockup Provision. If the Company at any time shall register an offering and sale of shares of common stock of the Company under the Securities Act in an Underwritten Offering (as defined in the Stockholders’ Agreement), the Optionee agrees to be subject to the holdback obligations set forth in Section 5.5 of the Stockholders’ Agreement. The Optionee agrees, if requested by the underwriter engaged by the Company, to execute a separate letter reflecting the agreement set forth in this Section 12.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Hayward Holdings, Inc.), Non Qualified Stock Option Agreement (Hayward Holdings, Inc.)
