Common use of Period Limitation Clause in Contracts

Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this Option or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Techne Corp /Mn/), Nonqualified Stock Option Agreement (Techne Corp /Mn/)

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Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this Option Notice or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 2 contracts

Samples: Restricted Stock Unit Award (Buffalo Wild Wings Inc), Buffalo Wild Wings Inc

Period Limitation. Participant Optionee agrees that in the event the Company advises Participant Optionee that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant Optionee hereby agrees that for a period not to exceed 180 days from the date of prospectus, Participant Optionee will not sell or contract to sell or grant an option to buy or otherwise dispose of this Option option or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Datakey Inc), Nonqualified Stock Option Agreement (Winland Electronics Inc)

Period Limitation. Participant agrees that in the event the Company advises Participant that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant hereby agrees that for a period not to exceed 180 days from the prospectus, Participant will not sell or contract to sell or grant an option to buy or otherwise dispose of this Option option or any of the underlying shares of Common Option Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Lightning Rod Software Inc), Nonqualified Stock Option Agreement (Lightning Rod Software Inc)

Period Limitation. Participant Optionee agrees that in the event the Company advises Participant Optionee that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of or the underlying Common Stock, Participant Optionee hereby agrees that for a period not to exceed 180 days from the date of the prospectus, Participant Optionee will not sell or contract to sell or grant an option to buy or otherwise dispose of this Option option or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 2 contracts

Samples: Agreement (Golf Galaxy, Inc.), Agreement (Golf Galaxy, Inc.)

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Period Limitation. Participant Optionee agrees that in the event the Company advises Participant Optionee that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant Optionee hereby agrees that for a period not to exceed 180 days from the prospectus, Participant Optionee will not sell or contract to sell or grant an option to buy or otherwise dispose of this Option option or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Kinnard Investments Inc), Incentive Stock Option Agreement (Kinnard Investments Inc)

Period Limitation. Participant Optionee agrees that in the event the Company advises Participant Optionee that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant Optionee hereby agrees that for a period not to exceed 180 days from the date of the prospectus, Participant Optionee will not sell or contract to sell or grant an option to buy or otherwise dispose of this Option option or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Datakey Inc), Incentive Stock Option Agreement (Winland Electronics Inc)

Period Limitation. Participant Optionee agrees that in the event the Company advises Participant Optionee that it plans an underwritten public offering of its Common Stock in compliance with the Securities Act of 1933, as amended, and that the underwriter(s) seek to impose restrictions under which certain shareholders may not sell or contract to sell or grant any option to buy or otherwise dispose of part or all of their stock purchase rights of the underlying Common Stock, Participant Optionee hereby agrees that for a period not to exceed 180 days from the date of the prospectus, Participant Optionee will not sell or contract to sell or grant an option to buy or otherwise dispose of this Option or any of the underlying shares of Common Stock without the prior written consent of the underwriter(s) or its representative(s).

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Ivi Publishing Inc)

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