Common use of Lock-Up Agreement from Certain Securityholders of the Company Clause in Contracts

Lock-Up Agreement from Certain Securityholders of the Company. On or prior to the date hereof, the Company shall have furnished to the Representative an agreement in the form of Exhibit C hereto from each director, officer and each beneficial owner of Common Stock, and such agreement shall be in full force and effect on each of the First Closing Date and the Second Closing Date; provided, however, the lock-up period for all founders, officers and directors of the Company shall be one year.

Appears in 1 contract

Sources: Underwriting Agreement (Mathstar Inc)

Lock-Up Agreement from Certain Securityholders of the Company. On or prior to the date hereof, the Company shall have furnished to the Representative an agreement in the form of Exhibit C B (“Form of Lock-up Agreement”) attached hereto from each directorofficer and director of the Company, officer each holder of options to purchase or securities convertible into any equity security of the Company, and each beneficial owner of Common Stock, issued and such outstanding capital stock of the Company (as defined and determined according to Rule 13d-3 under the Exchange Act). Such agreement shall be in full force and effect on each of the First Closing Date and the Second Closing Date; provided, however, the lock-up period for all founders, officers and directors of the Company shall be one year.

Appears in 1 contract

Sources: Underwriting Agreement (Builder Acquisition Corp)

Lock-Up Agreement from Certain Securityholders of the Company. On or prior to the date hereof, the Company shall have furnished to the Representative Representatives an agreement in the form of Exhibit C EXHIBIT B (the "Form of Lock-up Agreement") attached hereto from each director, executive officer and director of the Company and each beneficial owner of Common Stock, and such Selling Stockholder. Such agreement shall be in full force and effect on each of the First Closing Date and the Second Closing Date; provided, however, the lock-up period for all founders, officers and directors of the Company shall be one year.

Appears in 1 contract

Sources: Underwriting Agreement (Delta Financial Corp)

Lock-Up Agreement from Certain Securityholders of the Company. On or prior to the date hereof, the Company shall have furnished to the Representative Representatives an agreement in the form of Exhibit C B hereto from each director, officer and each beneficial owner (as defined and determined according to Rule 13d-3 under the Exchange Act) of Common Stockone percent or more of the outstanding issued share capital of the Company, and such agreement shall be in full force and effect on each of the First Closing Date and the Second each Option Closing Date; provided, however, the lock-up period for all founders, officers and directors of the Company shall be one year.

Appears in 1 contract

Sources: Underwriting Agreement (Active Network Inc)