Material Inducement and Consideration. The Restricted Holder acknowledges and agrees that its entering into this Agreement with Parent and its covenants and agreements herein are a material inducement to the Parent’s entering into the Merger Agreement and proceeding with the Merger and the Private Placement Offering, and Parent’s so doing constitute valuable consideration to the Restricted Holder.
Appears in 5 contracts
Samples: Lock Up Agreement (Orbimed Advisors LLC), Lock Up Agreement (Ferneau Philip), Lock Up Agreement (Schuetz Thomas J.)
Material Inducement and Consideration. The Restricted Holder acknowledges and agrees that its entering into this Agreement with the Parent and its covenants and agreements herein are a material inducement to the Parent’s entering into the Merger Share Exchange Agreement and proceeding with the Merger Share Exchange and the Private Placement Offering, and Parent’s so doing constitute valuable consideration to the Restricted Holder.
Appears in 2 contracts
Samples: Lock Up Agreement (Aeluma, Inc.), Lock Up Agreement (SmartKem, Inc.)
Material Inducement and Consideration. The Restricted Holder acknowledges and agrees that its entering into this Agreement with the Parent and its covenants and agreements herein are a material inducement to the Parent’s entering into the Merger Agreement and proceeding with the Merger and the Private Placement Offering, and Parent’s so doing constitute valuable consideration to the Restricted Holder.
Appears in 2 contracts
Samples: Lock Up Agreement (Serve Robotics Inc. /DE/), Lock Up Agreement (Laffin Acquisition Corp.)
Material Inducement and Consideration. The Restricted Holder acknowledges and agrees that its entering into this Agreement with Parent and its covenants and agreements herein are a material inducement to the Parent’s entering into the Merger Acquisition Agreement and proceeding with the Merger Acquisition and the Private Placement Offering, and Parent’s so doing constitute valuable consideration to the Restricted Holder.
Appears in 1 contract
Samples: Lock Up and No Shorting Agreement (Sincerity Applied Materials Holdings Corp.)
