Common use of Lockup Provision Clause in Contracts

Lockup Provision. A Holder agrees, if requested by the Company and any underwriter engaged by the Company, not to sell or otherwise transfer or dispose of any Shares issued under this Plan (including, without limitation, pursuant to Rule 144 under the Securities Act) held by him or her for such period following the effective date of any registration statement of the Company filed under the Securities 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 4 contracts

Samples: SOS Hydration Inc., SOS Hydration Inc., RetinalGenix Technologies Inc.

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Lockup Provision. A Holder agrees, if requested by the Company and any underwriter undenvriter engaged by the Company, not to sell or otherwise transfer or dispose of any Shares issued under this Plan (including, without limitation, pursuant to Rule 144 under the Securities Act) held by him or her for such period following the effective date of any registration statement of the Company filed under the Securities 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 's initial public offering or 90 ninety (90) days in the case of any other public offering.

Appears in 1 contract

Samples: Exclusive License Agreement (Accelerated Pharma, Inc.)

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