Standoff or Lock-Up Agreement. Each Holder of Registerable Securities agrees in connection with any firmly underwritten public offering of the Company's common stock that, upon request of the Company or the underwriters managing any underwritten offering of the Company's securities, such Holder shall not sell, make any short sale of, loan, grant any option for the purchase of, or otherwise dispose of any Registerable Securities (other than those included in the registration) without the prior written consent of the Company or such underwriters, as the case may be, during the 14 days prior to, and during the 120-day period beginning on, the effective date of the registration statement relating to such offering (except as part of such registration statement). In order to enforce the foregoing covenant, the Company may impose stop-transfer instructions with respect to the Registerable Securities until the end of such period.
Appears in 2 contracts
Samples: Registration Rights Agreement (Data Processing Resources Corp), Registration Rights Agreement (Lancashire Christopher W)
Standoff or Lock-Up Agreement. Each Holder of Registerable Securities agrees in connection with any firmly underwritten public offering of the Company's common stock that, upon request of the Company or the underwriters managing any underwritten offering of the Company's securities, such Holder shall not sell, make any short sale of, loan, grant any option for the purchase of, or otherwise dispose of any Registerable Securities (other than those included in the registration) without the prior written consent of the Company or such underwriters, as the case may be, during the 14 days prior to, and during the 12090-day period (the "Lock-up Period") beginning on, the effective date of the registration statement relating to such offering (except as part of such registration statement). In order to enforce the foregoing covenant, the Company may impose stop-transfer instructions with respect to the Registerable Securities until the end of such period.Registerable
Appears in 2 contracts
Samples: Stock Acquisition Agreement and Plan of Merger (Ixc Communications Inc), Stock Acquisition Agreement and Plan of Merger (Ixc Communications Inc)
Standoff or Lock-Up Agreement. Each Holder of Registerable ----------------------------- Securities agrees in connection with any firmly underwritten public offering of the Company's common stock that, upon request of the Company or the underwriters managing any underwritten offering of the Company's securities, such Holder shall not sell, make any short sale of, loan, grant any option for the purchase of, or otherwise dispose of any Registerable Securities (other than those included in the registration) without the prior written consent of the Company or such underwriters, as the case may be, during the 14 days prior to, and during the 120-day period beginning on, the effective date of the registration statement relating to such offering (except as part of such registration statement). In order to enforce the foregoing covenant, the Company may impose stop-transfer instructions with respect to the Registerable Securities until the end of such period.
Appears in 1 contract
Samples: Registration Rights Agreement (Data Processing Resources Corp)
Standoff or Lock-Up Agreement. Each Holder of Registerable Securities ----------------------------- agrees in connection with any firmly underwritten public offering of the Company's common stock that, upon request of the Company or the underwriters managing any underwritten offering of the Company's securities, such Holder shall not sell, make any short sale of, loan, grant any option for the purchase of, or otherwise dispose of any Registerable Securities (other than those included in the registration) without the prior written consent of the Company or such underwriters, as the case may be, during the 14 days prior to, and during the 120-day period beginning on, the effective date of the registration statement relating to such offering (except as part of such registration statement). In order to enforce the foregoing covenant, the Company may impose stop-transfer instructions with respect to the Registerable Securities until the end of such period.
Appears in 1 contract
Samples: Form of Registration Rights Agreement (Data Processing Resources Corp)