Common use of Lock-Up Provision Clause in Contracts

Lock-Up Provision. Upon receipt of a written request by the Company or ----------------- by its underwriters, the Holders shall not sell, sell short, grant an option to buy, or otherwise dispose of shares of the Company's Common Stock or other securities (except for any such shares included in the registration) for a period of one hundred and eighty (180) days following the effective date of the initial registration of the Company's securities; provided, however, that such Holder shall have no obligation to enter into the agreement described in this Section II(G) unless all executive officers, directors and holders of three percent (3%) or more of the outstanding voting securities of the Company and all other Holders and holders of other registration rights from the Company enter into similar agreements. The Company may impose stop-transfer instructions with respect to the shares (or securities) subject to the foregoing restriction until the end of said 120-day period.

Lock-Up Provision. Upon receipt of a written request by the Company or ----------------- by its underwriters, the Holders shall not not, without the consent of the Company and its underwriters, if any, sell, sell short, grant an option to buy, or otherwise dispose of shares of the Company's ’s Common Stock or other securities (except for any such shares included in the registration) for a period of one hundred and eighty (180) 180 days following the effective date of the initial registration of the Company's ’s securities; provided, however, that such Holder shall have no obligation to enter into the agreement described in this Section II(G) herein unless all executive officers, directors and holders of three percent (3%) 5% or more of the outstanding voting securities of the Company and all other Holders and holders of other registration rights from the Company Company, if any, enter into similar agreements. The Company may impose stop-transfer instructions with respect to the shares (or securities) subject to the foregoing restriction until the end of said 120180-day period.