Release of Lock-Up. If the Representative, in its sole discretion, agrees to release or waive the lock-up restrictions set forth in the Insider Letter for a Founder or an executive officer, director or director nominee 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, the Company agrees to announce the impending release or waiver by a press release substantially in the form of Exhibit I hereto through a major news service at least two (2) business days before the effective date of the release or waiver.
Release of Lock-Up. If the Representatives, in their sole discretion, agree to release or waive the lock-up restrictions set forth in the Insider Letter for the Sponsor or an executive officer, director or director nominee 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, the Company agrees to announce the impending release or waiver by a press release substantially in the form of Exhibit I hereto through a major news service at least two (2) business days before the effective date of the release or waiver. The Company agrees not to amend the Insider Letter without the written consent of the Representatives.
Release of Lock-Up. If the Underwriter, in its sole discretion, agrees to release or waive the restrictions set forth in a lock-up letter described in Section 4(m) and delivered pursuant to Section 6(m) hereof for an officer or director of the Company and provides the Company with notice of the impending release or waiver at least three business days before the effective date of the release or waiver, the Company agrees to announce the impending release or waiver by a press release substantially in the form of Exhibit B hereto through a major news service at least two business days before the effective date of the release or waiver.
Release of Lock-Up. If the Representatives, in their sole discretion, agree to release or waive the restrictions set forth in a lock-up letter described in Section 6(m) hereof for an officer or director of the Company and 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, the Company agrees to announce the impending release or waiver by either (i) a press release substantially in the form of Exhibit II hereto through a major news service at least two (2) business days before the effective date of the release or waiver or (ii) any other method reasonably acceptable to the Representatives that satisfies the obligations described in FINRA Rule 5131(d)(2).
Release of Lock-Up. In the event that the Company or its underwriter(s) releases any Existing Stockholder from any lock-up restrictions on such Existing Stockholders' Transfer of Shares imposed by the Company or such underwriters pursuant to a lock-up agreement as described in Section 4 above, the Company or the underwriters shall similarly release a proportional number of Shares from the restrictions set forth in any lock-up agreement entered into by any Shareholder pursuant to Section 4 above.
Release of Lock-Up. Notwithstanding the provisions set forth in Section 3.1, in addition to any Transfer permitted pursuant to Section 3.2, Sponsor, together with its Permitted Transferees, may Transfer Lock-up Shares during the Lock-up Period in a cumulative aggregate amount of shares of capital stock of the Company representing up to one-third (1/3) of the number of Lock-up Shares registered in the name of, or beneficially owned (as such term is defined in Rule 13d-3 under the Exchange Act, including by the exercise or conversion of any security exercisable or convertible for shares of capital stock of the Company, but excluding shares of stock underlying unexercised options or warrants) (“Beneficially Owned”) by Sponsor as of immediately following the Closing during the period beginning on the first (1st) anniversary of the Closing Date and ending one hundred eighty (180) days following the first (1st) anniversary of the Closing Date.
Release of Lock-Up. If Noel Guillama, Robert Kagan, Kexxxxx X. Xxxx or Xxxxxx Xxxdexxxxx xxx xxxxased xxxx xxx xx xxx xerms of the Lock-up Agreement with Brauer & Associates, Inc. execxxxx pursuant to the Acquiror's initial public offering, or alternatively, such securities are included in a registration statement, the securities of Shareholder subject to his lock-up shall be reduced pro rata or his securities shall be registered pro rata.
Release of Lock-Up. Company represents and warrants that the lock-up established by Sentra Securities Corporation on the private and public sale of the common stock of Company held by Sentra Securities Corporation and its clients shall expire on or before August 11, 1998.
Release of Lock-Up. If Citigroup Global Markets Inc., in its sole discretion, agrees to release or waive the restrictions set forth in a lock-up letter described in Section 6([r]) hereof for an officer or director of the Company and provides the Company with notice of the impending release or waiver at least three Business Days before the effective date of the release or waiver, the Company agrees to announce the impending release or waiver by a press release substantially in the form of Exhibit C hereto through a major news service at least two Business Days before the effective date of the release or waiver.
Release of Lock-Up. If Xxxxx, in its sole discretion, agrees to release or waive the restrictions set forth in a lock-up letter described in Section 4(l) hereof for an officer or director of the Company and provides the Company with notice of the impending release or waiver at least three business days before the effective date of the release or waiver, the Company agrees to announce the impending release or waiver by a press release substantially in the form of Exhibit II hereto through a major news service at least two business days before the effective date of the release or waiver.
