Common use of Trading Restriction Clause in Contracts

Trading Restriction. Each of the undersigned, together with any of its affiliates, agree that it shall not sell shares of Common Stock during any trading day in an amount exceeding in the aggregate 10% (ten percent) of the composite aggregate share trading volume of the Common Stock, measured at the time of each sale of Common Stock during such trading day as reported on Bloomberg L.P.

Appears in 2 contracts

Sources: Settlement Agreement (Net Element, Inc.), Settlement Agreement (Net Element, Inc.)