Document ID: 10687

Text:
The Participant agrees, in connection with the initial underwritten public offering of the Common Stock pursuant to a registration statement under the Securities Act , ( i)not to (a)offer, pledge, announce the intention to sell, 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 shares of Common Stock or any other securities of the Company or (b)enter into any swap or other agreement that transfers, in whole or in part, any of the economic consequences of ownership of shares of Common Stock or other securities of the Company, whether any transaction described in clause(a) or (b)is to be settled by delivery of securities, in cash or otherwise, during the period beginning on the date of the filing of such registration statement with the Securities and Exchange Commission and ending 180 days after the date of the final prospectus relating to the offering (plus up to an additional 34 days to the extent requested by the managing underwriters for such offering in order to address Rule 2711(f) of the National Association of Securities Dealers, Inc. or any similar successor provision), and (ii)to execute any agreement reflecting clause(i) above as may be requested by the Company or the managing underwriters at the time of such offering. The Company may impose stop- transfer instructions with respect to the shares of Common Stock or other securities subject to the foregoing restriction until the end of the lock-up period.

Named Entities:
23
24
Act
223
227
Regulation

Tokenized Text:
The
Participant
agrees
,
in
connection
with
the
initial
underwritten
public
offering
of
the
Common
Stock
pursuant
to
a
registration
statement
under
the
Securities
Act
,
(
i
)
not
to
(
a
)
offer
,
pledge
,
announce
the
intention
to
sell
,
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
shares
of
Common
Stock
or
any
other
securities
of
the
Company
or
(
b
)
enter
into
any
swap
or
other
agreement
that
transfers
,
in
whole
or
in
part
,
any
of
the
economic
consequences
of
ownership
of
shares
of
Common
Stock
or
other
securities
of
the
Company
,
whether
any
transaction
described
in
clause
(
a
)
or
(
b
)
is
to
be
settled
by
delivery
of
securities
,
in
cash
or
otherwise
,
during
the
period
beginning
on
the
date
of
the
filing
of
such
registration
statement
with
the
Securities
and
Exchange
Commission
and
ending
180
days
after
the
date
of
the
final
prospectus
relating
to
the
offering
(
plus
up
to
an
additional
34
days
to
the
extent
requested
by
the
managing
underwriters
for
such
offering
in
order
to
address
Rule
2711
(
f
)
of
the
National
Association
of
Securities
Dealers
,
Inc
.
or
any
similar
successor
provision
)
,
and
(
ii
)
to
execute
any
agreement
reflecting
clause
(
i
)
above
as
may
be
requested
by
the
Company
or
the
managing
underwriters
at
the
time
of
such
offering
.
The
Company
may
impose
stop
-
transfer
instructions
with
respect
to
the
shares
of
Common
Stock
or
other
securities
subject
to
the
foregoing
restriction
until
the
end
of
the
lock-up
period
.