Two Year Lock-Up. Each Holder agrees, from the date of the Closing and for a period of twenty-four (24) months thereafter (the “Two Year Lock-Up Period”), not to (a) lend, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of, directly or indirectly, any of the Two Year Lock-Up Shares or (b) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any of the Two Year Lock-Up Shares, whether any such transaction described in clause (a) or (b) above is to be settled by delivery of Two Year Lock-Up Shares or such other securities, in cash or otherwise, without the prior written consent of the Issuer.
Appears in 1 contract
Sources: Strategic Investors’ Agreement (Asiainfo Holdings Inc)
Two Year Lock-Up. Each Holder agrees, from the date of the Closing and for a period of twenty-four (24) months thereafter (the “"Two Year Lock-Up Period”"), not to (a) lend, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of, directly or indirectly, any of the Two Year Lock-Up Shares or (b) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any of the Two Year Lock-Up Shares, whether any such transaction described in clause (a) or (b) above is to be settled by delivery of Two Year Lock-Up Shares or such other securities, in cash or otherwise, without the prior written consent of the Issuer.
Appears in 1 contract
Sources: Strategic Investors’ Agreement (Citic Capital Mb Investment LTD)