Supplemental Lock-Up. Thomas agrees that untix xxx first anniversary of the Closing Date he will not directly or indirectly sell, offer to sell, contract to sell (including, without limitation, any short sale), grant any option to purchase or otherwise transfer or dispose of (other than to donees or pledgees who agree to be similarly bound) any Shares owned by him, except Shares sold pursuant to the piggyback registration rights provided for in Section 6.01. Thomas consents to havixx xxxropriate legends placed on the certificates representing the Shares relating to the lock-up restriction.
Supplemental Lock-Up. Au agrees that until the first anniversary of the Closing Date he will not directly or indirectly sell, offer to sell, contract to sell (including, without limitation, any short sale), grant any option to purchase or otherwise transfer or dispose of (other than to donees or pledgees who agree to be similarly bound) any Shares owned by him, except Shares sold pursuant to the piggyback registration rights provided for in Section 6.01. Au consents to having appropriate legends placed on the certificates representing the Shares relating to the lock-up restriction.
Supplemental Lock-Up. Thomas agrees that until Marcx 00, 1999 he will not directly or indirectly sell, offer to sell, contract to sell (including, without limitation, any short sale), grant any option to purchase or otherwise transfer or dispose of (other than to donees or pledgees who agree to be similarly bound) any Shares owned by him, except Shares sold pursuant to the piggyback registration provided for in Section 6.01. On March 31, 1999 and on the last day of each month thereafter until released in full, one-tenth of the number of Shares held by Thomas on March 31, 1999, rouxxxx xo the nearest whole share, shall be released from the foregoing lock-up provision. Thomas further agrees that unxxx xxl Shares are released from lock-up, he will provide written notice to GDSC 30 days prior to any proposed sale by him of Shares. During this 30-day period, GDSC shall have the right either to purchase such Shares from Thomas or to designate the brxxxx xr market maker through which Thomas will sell such Shares. Xxxxxs consents to having appxxxxxxte legends placed on the certificates representing the Shares relating to the lock-up restriction.
Supplemental Lock-Up. Each Shareholder agrees that until March 31, 1999 he will not directly or indirectly sell, offer to sell, contract to sell (including, without limitation, any short sale), grant any option to purchase or otherwise transfer or dispose of (other than to donees or pledgees who agree to be similarly bound) any Shares owned by him, except Shares sold pursuant to the piggyback registration rights provided for in Section 7.02. If GDSC does not complete a piggyback registration by March 31, 1998, as the remedy for such failure, there shall be released from the foregoing lock-up provision a number of Shares that, when sold, yields proceeds of $4,000,000. On March 31, 1999 and on the last day of each month thereafter until released in full, one-tenth of the number of Shares held by the Shareholder on March 31, 1999, rounded to the nearest whole share, shall be released from the foregoing lock-up provision. Each Shareholder further agrees that until all Shares are released from lock-up, he will provide written notice to GDSC 30 days prior to any proposed sale by him of Shares. During this 30-day period, GDSC shall have the right either to purchase such Shares from the notifying Shareholder or to designate the broker or market maker through which Shareholder will sell such Shares. Shareholders consent to having appropriate legends placed on the certificates representing the Shares relating to the lock-up restriction.
Supplemental Lock-Up. Each Shareholder agrees that until the first anniversary of the Closing Date he will not directly or indirectly sell, offer to sell, contract to sell (including, without limitation, any short sale), grant any option to purchase or otherwise transfer or dispose of (other than to donees or pledgees who agree to be similarly bound) any Shares owned by him, except Shares sold pursuant to the piggyback registration rights provided for in Section 7.02. Shareholders consent to having appropriate legends placed on the certificates representing the Shares relating to the lock-up restriction.
