Lock-Up/Market Stand-Off

Description

This AI field captures provisions that prohibit the option holder from selling or otherwise transferring any shares during a specified period following the exercise of the stock option. This type of provision is often called “Lock-up” or “Market Stand-Off”.

Jurisdiction

  • Canada (Ontario)
  • United States (California, and Delaware)

Document Types

  • 92% Employment-Related Agt
  • 4% Governance Agt
  • 2% Other
  • 2% Business Transaction Agt

Tags

  • Option Agreements

Language

  • 100% English