Lockup Period Clause Samples

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Lockup Period. You understand and acknowledge that, once staked, your digital assets may be required by the proof of stake network to be locked up for a certain period of time, which may prevent you from being able to instruct Zero Hash to unstake such digital assets on your behalf. You are responsible for researching and understanding any lockup requirements or provisions associated with any proof of stake network before you direct Zero Hash to stake your assets on your behalf.
Lockup Period. (i) Subject to the remainder of this Section 3.02, during the Lockup Period the Investor and GE will not, and GE will cause each of the GE Subsidiaries or any Permitted Transferees not to, without the prior written consent of the Company, sell or Transfer any of the Common Shares or Preferred Shares. (ii) In addition, subject to the remainder of this Section 3.02, during the Lockup Period, the Holders will not, without the prior written consent of the Company, (a) establish or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the Exchange Act with respect to any of the Common Shares or Preferred Shares, whether any such transaction is to be settled by delivery of Common Shares or Preferred Shares, in cash or otherwise, or (b) publicly disclose the intention to do any of the foregoing. The foregoing restriction is expressly agreed to preclude the Holders from engaging in any hedging or other transaction which is designed to or which reasonably could be expected to lead to or result in a sale or disposition of the Common Shares or Preferred Shares even if the Common Shares or Preferred Shares would be disposed of by someone other than the undersigned. Such prohibited hedging or other transactions would include any short sale or any purchase, sale or grant of any right (including any put or call option) with respect to any of the Common Shares or Preferred Shares or with respect to any security that includes, relates to, or derives any significant part of its value from the Common Shares or Preferred Shares.
Lockup Period. The Seller and each Trust severally, and not jointly, with respect to the Restricted Shares owned by him or it covenant, warrant and represent that during the two-year period commencing on the Closing Date (the "Lockup Period") (i) none of the Restricted Shares will be offered, sold, assigned, pledged, hypothecated, transferred or otherwise disposed of, directly or indirectly, during the one-year period commencing on the Closing Date; (ii) following the one-year period described in clause (i) and for the remainder of the Lockup Period, the Seller and Trusts shall be entitled to sell 23% of the Restricted Shares in accordance with Rule 144; (iii) after the Lockup Period, the Restricted Shares may be offered, sold, assigned, pledged, hypothecated, transferred or otherwise disposed of directly or indirectly, only after full compliance with all of the applicable provisions of the Securities Act and the rules and regulations of the SEC; (iv) during the one-year period commencing on the Closing Date, the Seller and each Trust shall not engage in put, call, short-sale, hedge, straddle, collar or similar transactions with respect to any of the Restricted Shares intended to reduce his or its risk of owning such Restricted Shares; and (v) following the one-year period described in clause (iv) and for the remainder of the Lockup Period, the Seller and Trusts shall not engage in put, call, short-sale, hedge, straddle, collar or similar transactions with respect to more than 50% of the Restricted Shares intended to reduce his or its risk of owning such Restricted Shares. Certificates representing the Restricted Shares shall bear the following legend, which shall reflect the Lockup Period, in addition to the legend under Section 4.1: The shares represented by this certificate are subject to a contractual restriction on transfer that expires on February ___, 2002 and may not be offered, sold, assigned, pledged, hypothecated, transferred or otherwise disposed of except as permitted by such contractual restriction without the prior written consent of U.S. Concrete, Inc.
Lockup Period. In exchange for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Subscriber agrees that, during the period beginning on the date this Agreement (and any subsequent Agreement designating the issuance of additional Company shares to Subscriber) is fully executed and ending on the nine month anniversary thereof, Subscriber will not (and will cause any spouse, domestic partner, lineal descendant, parent, stepparent, sibling, stepsibling, uncle, aunt, niece, nephew, first cousin, or any other person with whom the undersigned has a relationship by blood, marriage or adoption not to), without the prior written consent of the Company, directly or indirectly, (i) sell, offer to sell, contract to sell or lend, pledge, hypothecate or grant any security interest in, or in any other way transfer or dispose of, any purchased Shares whether now owned or hereafter acquired by Subscriber (collectively, the “Lock-Up Securities”), (ii) make any demand for, or exercise any right with respect to the registration of any of the Lock-Up Securities, or the filing of any registration statement, prospectus or prospectus supplement, (iii) enter into any swap, hedge or any other agreement or any transaction that transfers, in whole or in part, the economic consequence of ownership of the Lock-Up Securities or (iv) publicly announce the intention to do any of the foregoing.
Lockup Period. Each of the Selling Unitholders covenants and agrees that it will not, directly or indirectly, make any offering, sale, short sale, contract to sell, pledge or other disposition of any shares of Common Units of the Partnership or other securities convertible, exchangeable or exercisable for Common Units or derivative of Common Units owned by the Selling Unitholder or request the registration for the offer or sale of any of the foregoing (or as to which the Selling Unitholder has the right to direct the disposition of) will be made for a period of 60 days after the date of this Agreement, directly or indirectly, by such Selling Unitholder otherwise than hereunder or with the prior written consent of RBC Capital Markets, LLC.
Lockup Period. During a period of twenty four (24) months from the Closing (“Lockup Period”), but provided that such period shall lapse upon an IPO of the securities of the Company, the Equityholders shall not sell, transfer, assign, pledge, hypothecate, mortgage or dispose of, by gift or otherwise, or in any way encumber or make any other Disposition any of their Equity rights in the Company, without the prior written consent of the other Equityholders, provided that an Equityholder shall be entitled to make a Disposition of its fully paid up Equity rights to its respective Permitted Transferee, and further provided, however, that such transferee shall execute a joinder to the JV Agreement, consenting to be bound under the same rights and obligations which apply to its respective transferor, as further set forth in Article 12.h) above.
Lockup Period. The Participant hereby agrees that, if so requested by the Company or any representative of the underwriters (the "MANAGING UNDERWRITER") in connection with any registration of the offering of any securities of the Company under the Securities Act, the Participant shall not sell or otherwise transfer any Shares or other securities of the Company during the 180-day period (or such other period as may be requested in writing by the Managing Underwriter and agreed to in writing by the Company) (the "MARKET STANDOFF PERIOD") following the effective date of a registration statement of the Company filed under the Securities Act. Such restriction shall apply only to the first registration statement of the Company to become effective under the Securities Act that includes securities to be sold on behalf of the Company to the public in an underwritten public offering under the Securities Act. The Company may impose stop-transfer instructions with respect to securities subject to the foregoing restrictions until the end of such Market Standoff Period.
Lockup Period. In exchange for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each Seller agrees that, during the period beginning on the Effective Date and ending on the first anniversary thereof, each Seller will not (and will cause any spouse, domestic partner, lineal descendant, parent, stepparent, sibling, stepsibling, uncle, aunt, niece, nephew, first cousin, or any other person with whom the undersigned has a relationship by blood, marriage or adoption not to), without the prior written consent of the Purchaser, directly or indirectly, (i) sell, offer to sell, contract to sell or lend, pledge, hypothecate or grant any security interest in, or in any other way transfer or dispose of, any Purchaser Common Stock whether now owned or hereafter acquired by Seller (collectively, the “Lock-Up Securities”), (ii) make any demand for, or exercise any right with respect to the registration of any of the Lock-Up Securities, or the filing of any registration statement, prospectus or prospectus supplement, (iii) enter into any swap, hedge or any other agreement or any transaction that transfers, in whole or in part, the economic consequence of ownership of the Lock-Up Securities or (iv) publicly announce the intention to do any of the foregoing.
Lockup Period. Once staked, your cryptocurrency may be required by the proof-of-stake network to be locked up for a certain period of time, which may prevent you from being able to instruct Zero Hash to unstake such cryptocurrency balances on your behalf. You are responsible for researching and understanding any lockup requirements associated with any proof-of-stake network before you direct Zero Hash to stake your cryptocurrency on your behalf.
Lockup Period. Each of the Partnership and the General Partner covenants and agrees that it will not, directly or indirectly, make any offering, sale, short sale, contract to sell, pledge or other disposition of any Common Units or other securities convertible into or exchangeable or exercisable for, or establish or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to Common Units, for a period of 60 days (the “Lockup Period”) after the date of this Agreement, other than as provided herein or with the prior written consent of RBC Capital Markets, LLC; provided, that this provision will not restrict the Partnership from (i) issuing and selling Common Units pursuant to the Partnership’s long-term incentive program described in the Prospectus and the Disclosure Package, or (ii) issuing Common Units and other securities pursuant to the transactions contemplated by this Agreement. Notwithstanding the foregoing, if (x) during the last 17 days of the Lockup Period the Partnership issues an earnings release or announces material news or a material event relating to the Partnership occurs, or (y) prior to the expiration of the Lockup Period, the Partnership announces that it will release earnings results during the 16-day period beginning on the last day of the Lockup Period, the restrictions imposed in this clause shall continue to apply until the expiration of the 18-day period beginning on the issuance of the earnings release or the announcement of the material news or the occurrence of the material event.