Common use of Restrictions on Sale by Stockholders Clause in Contracts

Restrictions on Sale by Stockholders. Each Stockholder whose Registrable Securities are covered by a Registration Statement filed pursuant to Article II, Article III or Article IV hereof agrees that, if such Stockholder is so requested (pursuant to a timely written notice) by the managing underwriter or underwriters in any Underwritten Offering by the Company for its own account, not to effect any public or private sale or distribution of any Registrable Securities (except as part of such Underwritten Offering), including a sale pursuant to Rule 144, during the 10 calendar day period prior to, and during the 90 calendar day period beginning on, the closing date of such Underwritten Offering; provided, however, that the foregoing shall not apply to any Stockholder that is the Beneficial Owner of less than 4.0% of the outstanding Common Shares. If a request is made pursuant to this Article V, the time period during which the Shelf Registration Statement is required to remain continuously effective pursuant to Section 2.2 will be extended by 100 calendar days or such shorter period that will terminate when all Registrable Securities included therein have been sold thereunder in accordance with the plan and method of distribution intended by the Stockholders and described in the Prospectus included therein or all Registrable Securities covered by the Shelf Registration Statement have otherwise ceased to be Registrable Securities. In the event of such a request, the Company may impose, during such period, appropriate stop-transfer instructions with respect to the Registrable Securities subject to such restrictions.

Restrictions on Sale by Stockholders. Each Stockholder whose Registrable Securities are covered by a Registration Statement filed pursuant to Article IIH, Article III or Article IV hereof agrees that, if such Stockholder is so requested (pursuant to a timely written notice) by the managing underwriter or underwriters in any Underwritten Offering by the Company for its own account, not to effect any public or private sale or distribution of any Registrable Securities (except as part of such Underwritten Offering), including a sale pursuant to Rule 144, during the 10 calendar day period prior to, and during the 90 calendar day period beginning on, the closing date of such Underwritten Offering; provided, however, that the foregoing shall not apply to any Stockholder that is the Beneficial Owner of less than 4.0% of the outstanding Common Shares. If a request is made pursuant to this Article V, the time period during which the Shelf Registration Statement is required to remain continuously effective pursuant to Section 2.2 will be extended by 100 calendar days or such shorter period that will terminate when all Registrable Securities included therein have been sold thereunder in accordance with the plan and method of distribution intended by the Stockholders and described disclosed in the Prospectus included therein or all Registrable Securities covered by the Shelf Registration Statement Statements have otherwise ceased to be Registrable Securities. In the event of such a request, the Company may impose, during such period, appropriate stop-transfer instructions with respect to the Registrable Securities subject to such restrictions.

Restrictions on Sale by Stockholders. Each Stockholder whose ------------------------------------ Registrable Securities are covered by a Registration Statement filed pursuant to Article II, Article III or Article IV hereof agrees that, if such Stockholder is so requested (pursuant to a timely written notice) by the managing underwriter or underwriters in any Underwritten Offering by the Company for its own account, not to effect any public or private sale or distribution of any Registrable Securities (except as part of such Underwritten Offering), including a sale pursuant to Rule 144, during the 10 calendar day period prior to, and during the 90 calendar day period beginning on, the closing date of such Underwritten Offering; provided, however, that the foregoing shall not apply to any -------- ------- Stockholder that is the Beneficial Owner of less than 4.0% of the outstanding Common Shares. If a request is made pursuant to this Article V, the time period during which the Shelf Registration Statement is required to remain continuously effective pursuant to Section 2.2 will be extended by 100 calendar days or such shorter period that will terminate when all Registrable Securities included therein have been sold thereunder in accordance with the plan and method of distribution intended by the Stockholders and described disclosed in the Prospectus included therein or all Registrable Securities covered by the Shelf Registration Statement have otherwise ceased to be Registrable Securities. In the event of such a request, the Company may impose, during such period, appropriate stop-transfer instructions with respect to the Registrable Securities subject to such restrictions.

Restrictions on Sale by Stockholders. Each Stockholder whose Registrable Securities are covered by a Registration Statement filed pursuant to Article II, Article III or Article IV hereof agrees that, if such Stockholder is so requested (pursuant to a timely written notice) by the managing underwriter or underwriters in any Underwritten Offering by the Company for its own account, not to effect any public or private sale or distribution of any Registrable Securities (except as part of such Underwritten Offering), including a sale pursuant to Rule 144, during the 10 calendar day period prior to, and during the 90 calendar day period beginning on, the closing date of such Underwritten Offering; provided, however, that the foregoing shall not apply to any Stockholder that is the Beneficial Owner of less than 4.0% of the outstanding Common Shares. If a request is made pursuant to this Article V, the time period during which the Shelf Registration Statement is required to remain continuously effective pursuant to Section 2.2 will be extended by 100 calendar days or such shorter period that will terminate when all Registrable Securities included therein have been sold thereunder in accordance with the plan and method of distribution intended by the Stockholders and described disclosed in the Prospectus included therein or all Registrable Securities covered by the Shelf Registration Statement have otherwise ceased to be Registrable Securities. In the event of such a request, the Company may impose, during such period, appropriate stop-transfer instructions with respect to the Registrable Securities subject to such restrictions.

Restrictions on Sale by Stockholders. Each Stockholder whose ------------------------------------ Registrable Securities are covered by a Registration Statement filed pursuant to Article II, Article III or Article IV hereof agrees that, if such Stockholder is so requested (pursuant to a timely written notice) by the managing underwriter or underwriters in any Underwritten Offering by the Company for its own account, not to effect any public or private sale or distribution of any Registrable Securities (except as part of such Underwritten Offering), including a sale pursuant to Rule 144, during the 10 calendar day period prior to, and during the 90 calendar day period beginning on, the closing date of such Underwritten Offering; provided, however, that the -------- ------- foregoing shall not apply to any Stockholder that is the Beneficial Owner of less than 4.0% of the outstanding Common Shares. If a request is made pursuant to this Article V, the time period during which the Shelf Registration Statement is required to remain continuously effective pursuant to Section 2.2 will be extended by 100 calendar days or such shorter period that will terminate when all Registrable Securities included therein have been sold thereunder in accordance with the plan and method of distribution intended by the Stockholders and described in the Prospectus included therein or all Registrable Securities covered by the Shelf Registration Statement have otherwise ceased to be Registrable Securities. In the event of such a request, the Company may impose, during such period, appropriate stop-transfer instructions with respect to the Registrable Securities subject to such restrictions.