Existing Holder Lock-up Period

Existing Holder Lock-up Period. Means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the date hereof, (B) the first date the closing price of the Company Common Shares equals or exceeds $12.00 per share (as adjusted for share splits, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the date hereof or (C) the date on which the Company completes a liquidation, merger,... share exchange or other similar transaction that results in all of the Company's shareholders having the right to exchange their Company Common Shares for cash, securities or other property. View More