Rule 144 Sale Date

Example Definitions of "Rule 144 Sale Date"
Rule 144 Sale Date. Means the date a Registrable Share may be publicly resold without registration under the Securities Act and without regard as to volume or manner of sale restrictions (the "Free Sale Date"); provided, in the event of (i) a postponement pursuant to Section 2(d) of the filing of a Registration Statement, (ii) a suspension of the Company's obligations pursuant to Section 4(b) after a Registration Statement has been filed or after it has become effective or (iii) a suspension pursuant to Section... 4(b) of distributors by the Selling Stockholders under an effective Registration Statement, the Rule 144 Sale Date shall be extended beyond the Free Sale Date by a number of days equal to the sum of the total number of Postponement Extension Days plus the total number of Suspension Extension Days. View More Arrow
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