Underwriter's Lock-up. The Optionee by accepting this Option agrees that whenever the Company undertakes a firm underwritten public offering of its securities and if requested by the managing underwriter in such offering, the Optionee will enter into an agreement not to sell or dispose of any securities of the Company owned or controlled by the Optionee provided that such restriction will not extend beyond twelve (12) months from the effective date of the registration statement filed in connection with such offering.
Underwriter's Lock-up. In consideration of the registration rights granted by the Corporation pursuant to this Section 7, the Investor agrees that, at the request of the managing underwriter of any underwritten public offering of Common Stock, the Investor shall not sell, assign, gift, pledge or otherwise transfer, or exercise any registration rights with respect to, any shares of Common Stock at any time during the period of 180 days following the closing of any such underwritten public offering. The foregoing restriction on the Investor's exercise of registration rights during any such 180 day period shall be applicable only to the extent that no other person shall exercise registration rights in respect of equity securities of the Company during such 180 day period.
Underwriter's Lock-up. If the Company files a registration statement in connection with an underwritten public offering, each holder of Registrable Stock, if so requested by the managing underwriter of such public offering, shall not effect any sale or distribution of any Equity Securities for up to 180 days after effectiveness of such registration statement; provided that the Company's executive officers and directors agree to be similarly bound.
Underwriter's Lock-up. Notwithstanding anything contained herein to the contrary, the Stockholder agrees not to Sell any Stock for such period of time after the consummation of an underwritten public offering of capital stock of the Corporation, not to exceed 180 days after the closing of such underwritten public offering, as may be requested by the managing underwriter of such underwritten public offering and as may be agreed to by the Corporation in order to effectuate such offering.
Underwriter's Lock-up. If the Minister or the SEP desires to make a listed public offering, then with respect to all such listed public offerings, the Minister and the SEP shall agree for the benefit of the underwriters of the offering to reasonable restrictions consistent with then-current market practice requested by such underwriters on its offer or sale of any Shares pursuant to a listed public offering or any other offer or sale of Shares in a public market for a period not to exceed twelve (12) months.
Underwriter's Lock-up. The Participant hereby acknowledges that, in the event of an IPO, the sale of any Shares received by the Participant as a result of the settlement of PRSUs following the IPO will be subject to any underwriter’s lock up period applicable to the Shares.
Underwriter's Lock-up. By accepting this Restricted Stock Grant, the Recipient agrees that whenever the Company undertakes a firmly underwritten public offering of its securities, the Recipient will, if requested to do so by the managing underwriter in such offering, enter into an agreement not to sell or dispose of any securities of the Company owned or controlled by the Recipient, provided that such restriction will not extend beyond twelve (12) months from the effective date of the registration statement filed in connection with such offering.
Underwriter's Lock-up. By accepting this Restricted Share Award, the Recipient agrees that whenever the Company undertakes a firmly underwritten public offering of its securities, the Recipient will, if requested to do so by the managing underwriter in such offering, enter into an agreement not to sell or dispose of any securities of the Company owned or controlled by the Recipient, provided that such restriction will not extend beyond twelve (12) months from the effective date of the registration statement filed in connection with such offering and provided further that all the then executive officers and directors of the Company are asked to and do execute a similar underwriter’s lock-up agreement in connection with such offering.
Underwriter's Lock-up. (a) SMBC will agree not to sell any Class A Common Stock or Moelis Advisory units before the closing of an underwritten offering from the date Moelis & Company notifies SMBC of such potential offering in reasonable detail including the proposed date (which shall occur not more than three times per calendar year) (i) if and to the extent that all of the Executive Officers (including Xxx Xxxxxx) also so agree or are otherwise so bound by similar restrictions; and (ii) provided that such potential offering be proposed to close within two (2) months; and (iii) provided that such agreement shall be void upon the postponement or delay of such offering by more than two (2) months from the originally proposed closing date.
(b) For any underwritten offering that SMBC participates in, SMBC will agree to any lock-up the underwriters request, if and to the extent that the Executive Officers (including Xxx Xxxxxx) also so agree or are otherwise so bound by such lock-up; provided such lock-up shall not exceed 90 days from the closing of the offering.
(c) For any other underwritten offering, if SMBC holds Class A Common Stock of Moelis & Company (excluding partnership units) that represent 1% or more of Moelis & Company’s free float of Class A Common Stock, regardless of whether SMBC is participating in such offering or not, SMBC will agree to any lock-up the underwriters request, if and to the extent that the Executive Officers (including Xxx Xxxxxx), also so agree or are otherwise so bound by such lock-up; provided such lock-up on SMBC shall not exceed 45 days from the closing of the offering.
(d) Any underwriters lock-up agreement will provide that, and Moelis & Company and General Partner will use reasonable best efforts to ensure that, SMBC be released from the underwriters lock-up pro rata and notified of such release if any Executive Officers are released from the underwriters lock-up, simultaneously with such release of one or more Executive Officers. Notwithstanding the foregoing paragraphs, SMBC need not sign any underwriters lock-up agreement that fails to satisfy this condition.
Underwriter's Lock-up. The Employee agrees, if requested by the Company and any underwriter engaged by the Company, not to sell or otherwise transfer or dispose of any shares of Common Stock issued to him or her pursuant to the settlement of the Appreciation Rights granted by this Agreement for such period following the effective date of any registration statement of the Company filed under the Securities Act as the Company or such underwriter shall specify reasonably and in good faith. If requested by the underwriter engaged by the Company, the Employee shall execute a separate letter reflecting the agreement set forth in this Section.
