Common use of Management Lock-Up Clause in Contracts

Management Lock-Up. Notwithstanding anything in this Agreement to the contrary, each Holder who is a Management Holder acknowledges and agrees that he/she may be subject to a black-out period of longer duration than that applicable to the First Reserve Parties or other Holders in respect of such Underwritten Offering; provided that such black-out period shall be no more restrictive than that applicable to individual officers and directors of the Company or its Subsidiaries generally. If requested by the managing underwriter or underwriters of any such Underwritten Offering, such Management Holder shall execute a separate agreement to the foregoing effect.

Management Lock-Up. Notwithstanding anything in this Agreement to the contrary, each Holder who is a Management Holder Stockholder, acknowledges and agrees that he/she may be subject to a black-out period of longer duration than that applicable to the First Reserve Parties Sponsors or other Holders in respect of such Underwritten Offering; provided that such black-out period shall be no more restrictive than that applicable to individual officers and directors of the Company or its Subsidiaries generally. If requested by the managing underwriter or underwriters of any such Underwritten Offering, such Management Holder Stockholder shall execute a separate agreement to the foregoing effect.