Black-Out Period

Black-Out Period. Means any period of time that the Company prohibits the directors and officers of the Company from trading securities of the Company (i) pursuant to the Insider Trading Policy or (ii) because the Board of Directors of the Company determines in good faith that there is a valid business purpose for such suspension of trading, which valid business purpose shall include, without limitation, plans for a registered public offering, merger, acquisition, material financing, corporate reorganization or... other proposed or pending corporate developments and similar events because of material developments known to the Company and not yet disclosed to the public, and for up to 30 days thereafter. View More