Termination of Lock-Up Agreement. This Agreement shall terminate upon the merger or consolidation of the Company with a corporation or other entity upon consummation of which the Stockholder and all other persons or entities that are party to a lock-up agreement regarding the Company’s stock with terms substantially identical to this Lock-Up Agreement immediately thereafter own in the aggregate less than 25% of the total voting power of the surviving or resulting corporation.
Appears in 4 contracts
Samples: Lock Up and Leak Out Agreement (Accelera Innovations, Inc.), Lock Up and Leak Out Agreement (Real Hip-Hop Network, Inc), Lock Up and Leak Out Agreement (Accelera Innovations, Inc.)
Termination of Lock-Up Agreement. This Agreement shall terminate upon the merger or consolidation of the Company with a corporation or other entity upon consummation of which the Stockholder Shareholder and all other persons or entities that are party to a lock-up agreement regarding the Company’s stock with terms substantially identical to this Lock-Up Agreement immediately thereafter own in the aggregate less than 25% of the total voting power of the surviving or resulting corporation.
Appears in 2 contracts
Samples: Leak Out Agreement (Regenicin, Inc.), Leak Out Agreement (Med Control)
Termination of Lock-Up Agreement. This Agreement shall terminate upon the merger or consolidation of the Company with a corporation or other entity upon consummation of which the Stockholder and all other persons or entities that are party to a lock-up agreement regarding the Company’s 's stock with terms substantially identical to this Lock-Up Agreement immediately thereafter own in the aggregate less than 25% of the total voting power of the surviving or resulting corporation.
Appears in 1 contract
Samples: Lock Up and Leak Out Agreement (FairWind Energy Inc.)
