Examples of Lockup Expiration Date in a sentence
The Piggyback Registration rights granted pursuant to this Section 2.2 shall terminate on the fifth anniversary of the Lock-up Expiration Date.
Subject to the conditions and limitations set forth in Section 4 of this Agreement, at any time after the Lockup Expiration Date, one or more Holders may make a written request for registration under the Securities Act of all or part of its or their Restricted Stock pursuant to this Section 1 (a "Demand Registration"), provided that the Minimum Number (as hereinafter defined) of shares of Restricted Stock shall be registered in such offering.
On the Lockup Expiration Date, the Founders agree to place the Trust Shares into a trust account pursuant to the terms of the Trust Agreement.
Without limiting the generality of the foregoing, Holder agrees, for the benefit of the Company and the underwriters for the Initial Public Offering, that no Holder or any affiliate or family member thereof will directly or indirectly sell, transfer or otherwise dispose of any shares of Restricted Stock (as defined below) prior to the expiration of 180 days after the consummation of the Initial Public Offering (such expiration date shall be referred to herein as the "Lockup Expiration Date").
Following the Lockup Expiration Date, there shall be no restrictions pursuant to this Article IV.C.(iii) on the ability of holders of shares of Series B Preferred Stock to effect Below Floor Conversions.