Common use of Sales of Company Securities Clause in Contracts

Sales of Company Securities. If the Company determines to effect a public offering of Company Common Stock or securities convertible into or exercisable for Company Common Stock, upon the request of the managing underwriter for such offering, such Investor shall not offer or sell, or agree to offer or sell, any Company Common Stock or securities convertible into or exercisable for Company Common Stock during the period requested by such underwriter, which shall not exceed 180 days.

Appears in 3 contracts

Samples: Acquisition Agreement (Microleague Multimedia Inc), Acquisition Agreement (Hearst Corp), Acquisition Agreement (Ameritech Corp /De/)

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Sales of Company Securities. If the Company determines to effect a public offering of Company Common Stock or securities convertible into or exercisable for Company Common Stock, upon the request of the managing underwriter for such offering, such Investor shall not offer or sell, or agree to offer or sell, any Company Common Stock or securities convertible into or exercisable for Company Common Stock during the period requested by such underwriter, which shall not exceed 180 days.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Microleague Multimedia Inc), Stock Purchase Agreement (Ameritech Corp /De/), Stock Purchase Agreement (Hearst Corp)

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