Common use of Restrictions on Public Sale Clause in Contracts

Restrictions on Public Sale. Each person holding Registrable Securities included in a Registration Statement, if requested by the managing underwriter or underwriters of any underwritten Proposed Registration, agrees not to effect any public sale or distribution of Registrable Securities under the Act during the five (5) business days prior to and during the sixty-day period beginning on the effective date of such Proposed Registration (except as part of such Proposed Registration) (or such earlier time as all the shares of Common Stock included in such Registration Statement have been disposed of pursuant thereto).