Limit Order Agreement

Limit Order Agreement. The agreement among Kanders & Co., the Company and Citigroup Global Markets Inc. pursuant to which Kanders & Co. will place a limit order for up to $25,000,000 of Common Stock commencing on the later of ten business days after the Company files a Current Report on Form 8-K announcing its execution of a definitive agreement for its initial business combination and 60 days after the termination of the "restricted period" in connection with the Company's initial public offering under Regulation M... of the Exchange Act and ending on the business day immediately preceding the record date for the meeting of the Company's stockholders at which such initial business combination is to be approved. View More

Limit Order Agreement. Means the Rule 10b5-1 Stock Purchase Plan entered into by and among the Founding Stockholder, Highland and Citigroup Global Markets Inc.