IPO Preference Period definition
IPO Preference Period means the six (6) month period following the Initial Period; provided, that the IPO Preference Period shall end immediately if an IPO Demand relating to a Qualified IPO to be consummated during the IPO Preference Period is not delivered prior to or on the date that is ten (10) Business Days following the expiration of the Initial Period as required by Section 10.05(c).
IPO Preference Period shall have the meaning set forth in the LLC Agreement as in effect on the date hereof.