Initial Public Offering (IPO) definition
Examples of Initial Public Offering (IPO) in a sentence
The term of the Employee's employment hereunder shall be for the a period of three (3) years, commencing on the effective date of Employer's Initial Public Offering ("IPO") and ending on the date prior to the third anniversary of the date thereof, unless such term is terminated earlier by or pursuant to Section 8.
However, upon an Initial Public Offering (IPO) or in the future, the Company retains the sole discretion to exchange shares of Non-Voting Common Stock to shares of Voting Common Stock.
SCA, having previously arranged for an Initial Public Offering ("IPO") and bridge funding for the Company, and having provided financial consulting services, shall continue to serve as Financial Consultant to the Company for a monthly fee of Thirty-Three Thousand dollars ($33,000), payable monthly.
An Initial Public Offering (IPO) of any class or series of Licensee stock is not an assignment for purposes of this Section 10.
If this Warrant is exercised within six (6) months of the Company's Initial Public Offering (IPO), the Holder shall execute a lock-up agreement for the balance of the six month period following the IPO.