Common use of Vesting of Warrant Clause in Contracts

Vesting of Warrant. This Warrant shall vest and become exercisable on the Base Date. For purposes of this Warrant, the “Base Date” shall mean [________], 2011.3 Except as otherwise provided for herein or as permitted by applicable rules of the Financial Industry Regulatory Authority, Inc. (“FINRA”), this Warrant and the Warrant Shares shall not be sold, transferred, assigned, pledged or hypothecated, or be the subject of any hedging, short sale, derivative, put, or call transaction that would result in the effective economic disposition of the Warrant or the Warrant Shares, for the 180 days following the Base Date. The Warrant and the Warrant Shares are subject to a 180-day lock-up pursuant to Section 9 hereof in accordance with FINRA Rule 5110(g)(1).

Appears in 2 contracts

Samples: Underwriting Agreement (China SLP Filtration Technology, Inc.), Warrant Agreement (China SLP Filtration Technology, Inc.)

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Vesting of Warrant. This Warrant shall vest and become exercisable on the Base Date. For purposes of this Warrant, the “Base Date” shall mean [________[ ], 2011.3 2010. Except as otherwise provided for herein or as permitted by applicable rules of the Financial Industry Regulatory Authority, Inc. Inc., (“FINRA”), ) this Warrant and the Warrant Shares shall not be sold, transferred, assigned, pledged or hypothecated, or be the subject of any hedging, short sale, derivative, put, or call transaction that would result in the effective economic disposition of the Warrant or the Warrant Shares, for the 180 360 days following the Base Date. The Warrant and the Warrant Shares are subject to a 180360-day lock-up pursuant to Section 9 hereof in accordance with FINRA Rule Rules 5110(e)(4) and 5110(g)(1).

Appears in 1 contract

Samples: Warrant Agreement (Tri-Tech Holding, Inc.)

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Vesting of Warrant. This Warrant shall vest and become exercisable on the Base Date. For purposes of this Warrant, the “Base Date” shall mean [________[ ], 2011.3 2010. Except as otherwise provided for herein or as permitted by applicable rules of the Financial Industry Regulatory Authority, Inc. Inc., (“FINRA”), ) this Warrant and the Warrant Shares shall not be sold, transferred, assigned, pledged or hypothecated, or be the subject of any hedging, short sale, derivative, put, or call transaction that would result in the effective economic disposition of the Warrant or the Warrant Shares, for the 180 360 days following the Base Date. The Warrant and the Warrant Shares are subject to a 180360-day lock-up pursuant to Section 9 hereof in accordance with FINRA Rule 5110(g)(15110(g)(2).

Appears in 1 contract

Samples: Warrant Agreement (Tri-Tech Holding, Inc.)

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