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Glossary > L > "Lock-up Agreement" Definition

Lock-up Agreement

A legally binding contract between the underwriters and insiders of the company prohibits them from selling any shares of stock for a certain specified period of time.

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Lock-up Agreement - A legally binding contract between the underwriters and insiders of the company prohibits them from selling any shares of stock for a certain specified period of time.

Lock-up Agreement : a legally binding contract between the underwriters and insiders of the company prohibits them from selling any shares of stock for a certain specified period of time.