Common use of Release of D&O Lock-up Period Clause in Contracts

Release of D&O Lock-up Period. If the Underwriter, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.27 hereof for an officer, director or shareholder of the Company, the Underwriter shall provide the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiver, the Company agrees if required by applicable law to announce the impending release or waiver by a press release substantially in the form of Exhibit A hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

Appears in 5 contracts

Sources: Underwriting Agreement (Nuvve Holding Corp.), Underwriting Agreement (Bynd Cannasoft Enterprises Inc.), Underwriting Agreement (GlucoTrack, Inc.)

Release of D&O Lock-up Period. If the Underwriter, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.27 2.24 hereof for an officer, officer or director or shareholder of the Company, the Underwriter shall provide Company and provides the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiver, the Company agrees if required by applicable law to announce the impending release or waiver by a press release substantially in the form of Exhibit A B hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

Appears in 5 contracts

Sources: Underwriting Agreement (Applied UV, Inc.), Underwriting Agreement (Applied UV, Inc.), Underwriting Agreement (Bone Biologics Corp)

Release of D&O Lock-up Period. If the UnderwriterRepresentative, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.27 2.24 hereof for an officer, director director, or shareholder corporate auditor of the Company, the Underwriter shall provide Company and provides the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiverwaiver substantially in the form of Exhibit C, the Company agrees if required by applicable law to announce the impending release or waiver by a press release substantially in the form of Exhibit A D hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

Appears in 2 contracts

Sources: Underwriting Agreement (Oranco Inc), Underwriting Agreement (Earlyworks Co., Ltd.)

Release of D&O Lock-up Period. If the UnderwriterRepresentative, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.27 2.26 hereof for an officer, officer or director or shareholder of the Company, the Underwriter shall Company and provide the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiver, the Company Company, upon request by the Representiative, agrees if required by applicable law to announce the impending release or waiver by a press release substantially in the form of Exhibit A C hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

Appears in 1 contract

Sources: Underwriting Agreement (CollabRx, Inc.)

Release of D&O Lock-up Period. If the UnderwriterRepresentative, in its sole discretion, agrees to release or waive the restrictions set forth in the Lockor a lock-Up Agreements up agreement described in Section 2.27 5(h) hereof for an officer, director or shareholder security holder of the Company, the Underwriter shall provide Company and provides the Company with notice of the impending release or waiver substantially in the form of Exhibit C hereto at least three (3) Business Days business days before the effective date of the release or waiver, the Company agrees if required by applicable law to announce the impending release or waiver by a press release substantially in the form of Exhibit A D hereto through a major news service at least two (2) Business Days business days before the effective date of the release or waiver.

Appears in 1 contract

Sources: Underwriting Agreement (Ambitions Enterprise Management Co. L.L.C)

Release of D&O Lock-up Period. If the UnderwriterRepresentative, in its sole discretion, agrees to release or waive the restrictions set forth in the Lock-Up Agreements described in Section 2.27 hereof for an officer, director or shareholder of the Company, the Underwriter Representative shall provide the Company with notice of the impending release or waiver at least three (3) Business Days before the effective date of the release or waiver, the Company agrees if required by applicable law to announce the impending release or waiver by a press release substantially in the form of Exhibit A C hereto through a major news service at least two (2) Business Days before the effective date of the release or waiver.

Appears in 1 contract

Sources: Underwriting Agreement (American Dg Energy Inc)