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