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Administrative Stand Still
Administrative Stand Still contract clause examples

Market Stand-off Agreement. The Holder agrees that the shares of Applicable Stock shall be subject to the “Market Stand-Off” provisions in [Section 2.13] of that certain Amended and Restated Investor Rights Agreement dated as of June 22, 2015, as the same may be amended or restated from time to time or any applicable successor section thereof; provided, however, that such “Market Stand-Off” provisions shall terminate as to the undersigned if any of the Company’s officer, directors and holders of more than 1 % of the Company’s Common Stock (as determined on an as-converted to Common Stock basis) that are subject to similar “Market Stand-Off” provisions have their obligations waived or are otherwise permitted to make sales of Securities of the Company in the subject transaction.

Market Stand-off Agreement. The Holder agrees that the Shares shall be subject to the Market Standoff provisions in [Section 1.14] of the Amended and Restated Investors’ Rights Agreement dated May 3, 2013, as amended on October 11, 2013 (as such agreement may be amended further from time to time, the “Investors’ Rights Agreement”).

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