Sales of Large Lots Sample Clauses

Sales of Large Lots. Ensign and Shareholder acknowledge that uncontrolled sales of large lots of Ensign shares are not in the best interests of Shareholder or Ensign. In the event Shareholder intends to sell more than Two Thousand Five Hundred (2,500) Shares (a “Large Lot”) in a single transaction or order, Shareholder and Ensign accordingly agree that Shareholder will not (i) sell during any single trading day more than twenty percent (20%) of the 50-day average daily trading volume for Ensign shares as published by XXXXXX.xxx (the “Average Daily Trading Volume”), or (ii) sell during any thirty (30) day period more than a combined total of one hundred fifty percent (150%) of the Average Daily Trading Volume. In all events, when selling a Large Lot Shareholder agrees to sell only through the block trading desk of a brokerage firm which makes a market in Ensign shares or through a brokerage firm designated by Ensign.
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