Lock-in Clause Samples

Lock-in. The Promoters hereby unconditionally and irrevocably undertake not to Transfer their Shareholding from the date of this Agreement till the expiry of 36 months from such date, without the prior written permission of IGC. The provisions pertaining to Clause 6, 7, 8 and 9 shall be applicable post the completion of such period.

Lock-in. In case the SAFE Sequel Note Holder is an Angel Fund, the investment shall besubject to lock-in for a period of 1 (one) year from the date of allotment of the SAFE SequelNotes, or such other period as prescribed under SEBI (Alternative Investment Funds) Regulations, 2012.

Lock-in. 4.1 SIIL hereby undertakes that it will, and will procure that its connected persons and nominees will, retain absolute legal and beneficial title to the Lock-Up Shares, free from encumbrances for a period commencing on the date of issue of the SIIL Shares and ending twenty four (24) months thereafter (the “Lock Up Period”) and shall not during the Lock Up Period: 4.1.1 offer, dispose of or agree to offer or dispose of, directly or indirectly, any such Lock-Up Shares or any legal or beneficial interest in any such Lock-Up Shares; and/or 4.1.2 enter into or agree to enter into any derivative transaction of any type whatsoever (including without limitation, any swap, contract for differences, option, warrant, convertible securities or futures transaction or arrangement) in respect of, or referenced to, any of such Lock-Up Shares, whether such transaction is settled by delivery of such Lock-Up Shares or other securities, in cash or otherwise. 4.2 SIIL hereby irrevocably and unconditionally undertakes, agrees and represents to and with Lipoxen PLC in respect of the Lock-Up Shares that it shall, and shall procure that all its connected persons and nominees (as applicable) shall, for a period of twenty four (24) months commencing on expiry of the Lock-Up Period (the “Orderly Marketing Period”): 4.2.1 offer, dispose of or agree to offer or dispose of, directly or indirectly, any such Lock-Up Shares or any legal or beneficial interest in any such Lock-Up Shares; and/or 4.2.2 enter into or agree to enter into any derivative transaction of any type whatsoever (including without limitation, any swap, contract for differences, option, warrant, convertible securities or futures transaction or arrangement) in respect of, or referenced to, any of such Lock-Up Shares, only through Lipoxen PLC’s corporate brokers or financial advisers from time to time, unless SIIL has previously informed Lipoxen PLC of the proposed disposal or transaction and Lipoxen PLC has agreed in writing, such consent not to be unreasonably withheld, that the disposal or transaction may be effected through SIIL’s existing brokers. [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***...

Lock-in. The Buyer undertakes with each of Ruixin, Yuncai and Diverso that he will not effect a Disposal of any Shares in which the beneficial interest is yet to pass in accordance with the provisions of Clause 8 and 9 below (as applicable).

Lock-in. The investment by the iSAFE Sequel Note Holders shall be subject to lock-in for a period of 1 (one) year from the date of allotment of the iSAFE Sequel Notes, or such other period as prescribed under SEBI (Alternative Investment Funds) Regulations, 2012.1

Lock-in. (a) The Promoters shall at all times directly and in the aggregate together hold at least 50.01% (fifty point zero one percent) of the Share Capital until Part B of these Articles cease to be effective. (b) Subject to Article 5.1(a), the Promoters and/ or their Permitted Transferee shall not (together or individually), Transfer in any way or manner any of the Equity Securities or interest therein held by them, without the prior written consent of the Investor for a period of 3 (three) years from the Closing Date, provided however that Promoters shall be permitted to Transfer their shareholding inter-se or to their respective Immediate Family Members. (c) Subject to Articles 5.1(a) and 5.1(b), (I) the Promoters (and/ or their Permitted Transferee) shall be entitled to Transfer whether individually or together whether in a single tranche or in multiple tranches such number of Equity Securities as constituting in the aggregate upto 15% (fifteen percent) of the Share Capital as at the date of such determination (“Threshold Shares”) without compliance with Articles 5.2 and 5.3;

Lock-in. So long as GI remains a member of the Company, ▇▇. ▇▇▇▇▇ shall not be entitled to sell, transfer, assign or otherwise dispose any of her Capital Contribution in the Company to any Person other than GI or a Person designated by GI.

Lock-in. 11.1.1 Notwithstanding anything contained in this Agreement, including, Clauses 11.5 and 11.6, the Investor shall not be entitled to Transfer any Securities of the Company or any rights, entitlements or beneficial interest therein to any Third Party such that the Investor would own less than the Shareholding held by the -39- Investor on the Completion Date immediately post Completion until the earlier of: (a) the expiry of the Macquarie Put Period; and (b) the Investor having purchased the entire Share Capital held by TTSL,TSL, MSIIPL, SMIT and IDFCPE III (“Lock-In Period”). Further, during such Lock-in Period, as long as the Investor continues to be a special purpose company holding the Shares or Securities of the Company and does not have any other material business activities or investments, there shall be no Transfer of equity interest in the Investor, if pursuant to such Transfer, the effective economic ownership of American Tower Corporation, directly or indirectly through its subsidiaries, in the Company shall fall below 51%. Such restriction shall mutatis mutandis apply to any holding companies of the Investor which are also special purpose companies holding directly or indirectly through other intermediate special purpose companies, shares or securities of the Investor and which do not have any other material business activities or investments (“Holding Companies”). For avoidance of doubt, the restrictions in this Clause 11.1.1 shall not apply to (i) any primary investment in the Investor or any of its holding companies; or (ii) any Transfer of interest in any holding company which is not merely a special purpose vehicle for purposes of holding, directly or through other intermediate special purpose company, the Shares of the Shares or Securities of the Company and has other material business activities or investments; or (iii) any direct or indirect holding company (even if a special purpose company) of a holding company referred to in (ii) above. 11.1.2 Subject to the provisions of Clause 11.1.1 above, in the event that (i) the Investor undertakes any Transfer of Securities to a Third Party during the Lock-In Period over and above the Investor’s Shareholding on the Completion Date; or (ii) American Tower Corporation or its Affiliates undertake any transaction or action during the Lock-In Period that has the effect of dilution or Transfer, whether directly or indirectly, of any Shareholding or any beneficial interest of the Investor and/or its Af...

Lock-in a. Members may request disenrollment from the MCO after one (1) month. Upon availability of MIS Support, the DEPARTMENT will implement a lock-in period of up to twelve (12) months for managed care Members. The DEPARTMENT's implementation of lock-in will comply with all provisions of 42 CFR 438.56. Members will not be allowed to change plan enrollment during the lock-in period except for cause. The lock-in period is subject to the following provisions and exceptions: 1. The first ninety (90) days of enrollment into a new MCO will be designated as the free-look period during which time the Member may change plans; 2. The last sixty (60) days of the lock-in period will be an open enrollment period, during which time Members may change plans; 3. Plan changes made during the open enrollment period will go into effect on the first day of the month following the end of the lock-in period; and 4. Members who do not change plans during the open enrollment period will continue the enrollment in the same MCO and be assigned to a new twelve (12) month lock-in period. The process being considered for implementation of lock-in for the existing HUSKY A membership is as follows: lock-in will be imposed on approximately twenty (20) percent of the membership each month over a consecutive five (5) Part II 74 August 8, 2003 month period. Targeting for each month will be based on the last digit of the client ID number for the head-of-household. For example, families whose head-of-household has a client ID number that ends in 0 or 1 will be phased-in during the first month, those with 2 and 3 will be done in the second month, etc. b. The following shall constitute good a use for a Member to disenroll from the plan during the lock-in period: 1. Unfavorable resolution of the MCO's internal complaint process and continued dissatisfaction due to repeated incidents of any of the following: