Common use of Management Restrictions Clause in Contracts

Management Restrictions. During the period beginning on the date of this Agreement and ending on the tenth (10th) Business Day following the first Effective Date (as defined in the Joint Investor Registration Rights Agreement) to occur following such date, no Key Employee may, directly or indirectly, sell, transfer or otherwise dispose of (whether through the writing or purchase of options, futures or derivative instruments), or publicly announce (whether through the filing of a notice or otherwise) such individual's intention to dispose of, any Common Stock held or beneficially owned by such individual.

Management Restrictions. During the period beginning on the date of this Agreement and ending on the tenth (10th) Business Day following the first Effective Date (as defined in the Joint Investor Registration Rights Agreement) to occur following such date), no Key Employee may, directly or indirectly, sell, transfer or otherwise dispose of (whether through the writing or purchase of options, futures or derivative instruments), or publicly announce (whether through the filing of a notice or otherwise) such individual's intention to dispose of, any Common Stock held or beneficially owned by such individual.