Common use of Release of D&O Lock-up Period Clause in Contracts

Release of D&O Lock-up Period. If the Representative, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.24 hereof for an officer, director, or corporate auditor of the Company and provides the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiver substantially in the form of Exhibit C, the Company agrees to announce the impending release or waiver by a press release substantially in the form of Exhibit D hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

Appears in 2 contracts

Samples: Underwriting Agreement (Oranco Inc), Underwriting Agreement (Earlyworks Co., Ltd.)

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Release of D&O Lock-up Period. If the Representative, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.24 2.26 hereof for an officer, director, officer or corporate auditor director of the Company and provides provide the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiver substantially in the form of Exhibit Cwaiver, the Company Company, upon request by the Representative, agrees to announce the impending release or waiver by a press release substantially in the form of Exhibit D B hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

Appears in 1 contract

Samples: Underwriting Agreement (CollabRx, Inc.)

Release of D&O Lock-up Period. If the Representative, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.24 2.27 hereof for an officer, director, director or corporate auditor shareholder of the Company and provides Company, the Representative shall provide the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiver substantially in the form of Exhibit Cwaiver, the Company agrees if required by applicable law to announce the impending release or waiver by a press release substantially in the form of Exhibit D C hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

Appears in 1 contract

Samples: Underwriting Agreement (American Dg Energy Inc)

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Release of D&O Lock-up Period. If the Representative, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.24 2.26 hereof for an officer, director, officer or corporate auditor director of the Company and provides provide the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiver substantially in the form of Exhibit Cwaiver, the Company Company, upon request by the Representiative, agrees to announce the impending release or waiver by a press release substantially in the form of Exhibit D C hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

Appears in 1 contract

Samples: Underwriting Agreement (CollabRx, Inc.)

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