FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / form-of-lock-up-agreement.docx
form-of-lock-up-agreement.docx · 1025-00001

Parties

Harkness LLP
Quorum Insurance Holdings Corp
Birchwood Capital Management LLC
Equity Inc
M. Strickland

Dates

—

Amounts

$0.01

Obligations

Transfers of Lock-Up Securities as a bona fide gift or gifts, provided that the donee or donees thereof agree in writing, in form and substance satisfactory to the Underwriter, to be bound by the terms and conditions of this Agreement for the remainder of the Lock-Up Period, and provided further that no filing under Section 16(a) of the Exchange Act, reporting a reduction in beneficial ownership of shares of Common Stock, shall be required or shall be voluntarily made during the Lock-Up Period in connection with such transfer (other than a filing on Form 5 made after the expiration of the Lock-Up Period)
Transfers of Lock-Up Securities to any trust for the direct or indirect benefit of the undersigned or the immediate family of the undersigned (for purposes of this Agreement, "immediate family" shall mean any relationship by blood, marriage, or adoption, not more remote than first cousin), provided that (1) the trustee of such trust agrees in writing, in form and substance satisfactory to the Underwriter, to be bound by the terms and conditions of this Agreement for the remainder of the Lock-Up Period, and (2) no filing under Section 16(a) of the Exchange Act shall be required or shall be voluntarily made during the Lock-Up Period in connection with such transfer (other than a filing on Form 5 made after the expiration of the Lock-Up Period)
2018 Equity Incentive Plan (as may be amended from time to time), provided that (1) any shares of Common Stock received upon such exercise or settlement shall remain subject to the terms and conditions of this Agreement for the remainder of the Lock-Up Period, and (2) for the avoidance of doubt, this exception shall not apply to any sale of the shares of Common Stock underlying such options or RSUs
Transfers of Lock-Up Securities to the Company (i) upon a vesting event or upon the exercise of options on a "net exercise" or "cashless" basis to the extent permitted by the instruments representing such options, or (ii) for the purpose of satisfying any tax withholding obligations of the undersigned (including estimated tax obligations) in connection with the vesting or exercise of equity awards, in each case pursuant to the Company's equity incentive plans, provided that any shares of Common Stock received upon such exercise or vesting shall remain subject to the terms and conditions of this Agreement for the remainder of the Lock-Up Period
It is understood that any required filing under Section 16(a) of the Exchange Act reporting any such transfer shall clearly indicate in the footnotes thereto the nature and circumstances of such transfer
If the Underwriter, in its sole discretion, agrees to release or waive the restrictions set forth in this Agreement for any officer or director of the Company, or any holder of five percent (5%) or more of the outstanding shares of Common Stock, prior to the expiration of the Lock-Up Period, the Underwriter shall provide the Company with notice of such impending release or waiver at least three (3) business days prior to the effective date thereof