Extract to table

Transfers of ordinary shares or ADSs pursuant to a court order, a qualified domestic relations order, or by operation of law (such as by intestate succession), provided that the transferee agrees to be bound by the terms of the Lock-Up Agreement for the remainder of the lock-up period

officers and directors) remains bound by such agreement, and provided further that any employee who is not otherwise subject to a Lock-Up Agreement agrees to be bound by a lock-up for the remainder of the 180-day period

Section of the Underwriting Agreement (conditions to closing) will provide that the underwriters shall have received, on or prior to the closing date, executed Lock-Up Agreements from each of the persons listed on Schedule thereto

The following considerations apply: Under Nasdaq rules and applicable FINRA guidance, if Westbridge agrees to release or waive lock-up restrictions for an officer, director, or significant shareholder, Halcyon may be required to publicly announce such release

Partial releases are common in range scenarios, including: (i) situations in which a selling shareholder seeks to conduct a follow-on secondary offering or block trade of a portion of its retained shares after a partial lock-up period has elapsed; (ii) situations in which a locked-up party requires liquidity for a specific purpose but does not seek to dispose of its entire position; and (iii) graduated or staggered release programs in which Westbridge agrees to release a specified percentage of locked-up shares on a phased basis (e

We must confirm whether Halcyon's ordinary shares are registered shares (Namensaktien) or bearer shares (Inhaberaktien), as the transfer mechanics differ materially