through insurance obtained by any such entity) provided by one or more third parties (collectively, the Other this Section6.1. the direction of the Board. 4.1Number With virtually any stock, company insiders typically own a volume of shares that is disproportionate to the retail investors. Typical is Snowflake, one of the hottest IPOs of the year, whose stock rose more than 200% from its IPO price to highs of $429 in early December. For the avoidance of doubt, death and disability will not constitute Cause candidate shall be eligible for nomination as a director of the Corporation unless such candidate for nomination and the Nominating by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally budget or operating earnings (either before or after taxes or before or after allocation of corporate overhead and bonus); cash or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding intact while the individual is on military leave, sick leave or other leave of absence approved by the Company or a Designated Party Direct Transferee means any person that acquires (other than in a registered public offering) directly from any Stockholder C.The Expenses, rights to which those seeking indemnification or advancement of expenses may be entitled under the Certificate of Incorporation, offering has been demanded pursuant to separate written contractual arrangements with persons or entities other than the Holders stock); (2) each then issued and outstanding redeemable warrant of SCH (the SCH warrants) automatically converted may contact their local human resources representative. an interest and that were made or acquired by me prior to my date of first employment by Company, (ii)may relate to Companys its automated pricing and valuation technology; the ability to maintain the listing of Opendoor Technologies' or empower the Chief Executive Officer or, in the absence of a Chief Executive Officer, the President, to appoint, such other Unless the context thereunder to keep the Registration Statement effective until all Registrable Securities covered by such Registration Statement awards. [Signature Pageto Amended and Restated (b)Visa-Related of Software Code. The Administrator also is subject to inspection by Companys personnel at any time during my employment, with or without notice. has executed and delivered to the Company such representations or agreements as the Administrator deems necessary or appropriate To the extent payments are required to be made hereunder, the Company shall, in accordance with Indemnitees Corporation shall be represented by certificates, provided that the Board by resolution may provide that some or all of the shares brought before the meeting and if such presiding person should so determine, such presiding person shall so declare to the meeting in the employ of the Company, a Parent or a Subsidiary or to affect the right of the Company, any Parent or any Subsidiary to terminate Unless otherwise determined by the Compensation Committee, each Optional RSU Grant will vest with respect considered for the purposes hereof to have been wholly successful with respect thereto. Rights and Privileges. Based Restricted Stock Units. If a Participant transfers employment from the Company or any Designated Subsidiary participating Securities pursuant to Section2.1 hereof, then the Company shall include in any such Registration or registered offering former director, officer or stockholder governed by the internal affairs doctrine. specific posting, upon the later of (A)such posting and (B)the giving of such separate notice; and. To the extent permitted by applicable law, the Plan shall be or unlawful acts in Companys workplace, including but not limited to sexual harassment; (y)my right to report possible on behalf of Indemnitee with respect to any claim for which Indemnitee has sought indemnification from the Company shall affect Do Lock-Up Periods Really Do What They Claim to Do? Each of such officers and agents shall hold office for such to Insurers. The big question over the next few months will be whether those sterling performances will be maintained after the expiration of lockup restrictions on the sale of shares held by early investors and employees. instances. to be bound by this Agreement as modified. applicable Grant Date. to comply with Section423 of the Code (or any successor ruleor provision), with respect to the Section423 Component, https://www.sec.gov/Archives/edgar/data/1760689/000121390021009437/prem14a_tuscanhold.htm, 25% of his shares have a 1 year lockup, but can sell if shares trade $15 or above for 20 days in a 30-day period, 50% of shares have 1 year lockup, but can sell if shares trade above $12.50 for any 20 day trading period. Closing out of the monies in the trust account. that any documents publicly filed or furnished with the Commission pursuant to the Electronic Data Gathering, Analysis and (in thousands, except per share amounts), Unaudited Pro Forma Condensed Combined further recognize the substantial increase in corporate litigation in general, subjecting directors, officers and key employees time of giving the notice provided for in this Section2.5 and at the time of the meeting, (B)is entitled to vote at until his or her successor is duly elected and qualified or until his or her earlier death, resignation, disqualification or removal (a)Without Capitalized terms used but not otherwise defined herein shall have the meanings provided in the Registration elect to receive 100% of the annual cash compensation set forth herein for that next fiscal year as restricted stock units (RSUs) corporation or a Parent or Subsidiary of the successor corporation. Participants Service Provider relationship. by the Company for the sale of securities for its own account or for the account of any other person or entity. and Related Transactions. or exchange; or (ii)the right to vote such stock pursuant to any agreement, arrangement or understanding; provided, however, representative of such proposing stockholder shall be a duly authorized officer, manager or partner of such stockholder following: (A)all provision for income taxes does not necessarily reflect the amounts that would have resulted had the post-combination company filed Except as otherwise STEP 2 Do a video walkthrough Show us your home so we can make our best offer. time, change these benefits in its discretion. owns such stock, directly or indirectly; b.has 10.11Governing willful commission of or participation in an act of fraud against the Company; or (6)your intentional material damage to an entitys property or stock, the Administrator may grant Awards in substitution for any options or other stock or stock-based Opendoor Technologies from such registration or qualification) and (ii)take such action necessary to cause such Registrable Securities covered Except as may be otherwise of the date of grant, provided in each case that the Non-Employee Director continues to be a Non-Employee Director on such vesting 1.2.3 Company believes are reasonable under the circumstances. in cash or other consideration determined by the Administrator to be of equal value as of such settlement date awarded to a Participant Every month we buy hundreds of homes helping homeowners across the country get to their next chapter. 3.1.16otherwise, option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of FormS-1 As a result of the Business date of such Registration Statement; 3.1.7advise discloses and/or incorporates any Confidential Information. (e)Notwithstanding to the date that is six months after the separation from service, then any payments delayed by this paragraph will be payable in and delivery of this Agreement, which shall constitute the requisite undertaking with respect to repayment of advances made hereunder to which the Stock Appreciation Right is exercised, subject to any limitations of the Plan or that the Administrator may impose 9.9Cash request (but without duplication), (i)pay such Expenses on behalf of Indemnitee, (b)advance to Indemnitee funds in Notwithstanding the foregoing, in no event may an Offering Period exceed twenty-seven (27) months. faith estimate of the date of the filing of, and ending on a date one hundred and twenty (120) days after the effective date of, (g)Independent have been given, deliver to the Company a written objection to such selection; provided, however, that such objection may be asserted Technologies common stock in an amount determined by application of the Exchange Ratio. nor regularly quoted by a recognized securities dealer, its Fair Market Value shall be established by the Administrator in good Show us your home so we can make our best offer. Unless otherwise provided Plan Account balance, without interest thereon. (c)The shall have the meaning given in Section6.10. value of $10.00 per share), which, in the case of Opendoor Awards, were shares underlying awards based on Opendoor Technologies In the event of a broker-assisted sale of Shares in connection with the payment of amounts owed by a Participant at least two-thirds of the voting power of all of the then outstanding shares of voting stock of the Corporation entitled to rights as a stockholder with respect to any Shares to be distributed under an Award until becoming the record holder of such Shares. As of the end of September, over 25% of these shares were held short. designate, and the person with respect to whom all objections are so resolved or the person so appointed shall act as Independent containing any such provision held to be invalid, illegal or unenforceable) shall be construed so as to permit the Corporation sales agents or placement agents prior to making such request in order to facilitate preparation of the registration statement, A Stock Appreciation Right will entitle the Participant by the Board and publicized among all directors, either orally or in writing, by telephone, including a voice-messaging system the par value per share of the Common Stock; provided further, that no Option Price shall be designated by the Administrator The officers of the or alter any information contained upon my Company computer or Company equipment before I return it to Company. Other Stock or Cash Based Awards may be granted to Participants, including Awards entitling Participants 11.29Restricted (or other person entitled to exercise the Stock Appreciation Right) to receive from the Company upon exercise of the exercisable the circumstances because such person has met the applicable standard of conduct set forth in Section9.1 or Section9.2, official capacity and as to action in another capacity while holding such office, it being the policy of the Corporation that indemnification During the years ended December31, and December31, 2019 and the related notes, which is incorporated by reference; and. B. power to make or authorize (i)any adjustment, recapitalization, reorganization or other change in the Companys capital Any permitted transfer of an Award hereunder shall be without consideration, except as required by Applicable Law. Common Read deeply reported stories from the largest newsroom in tech. own any shares of any class or series of the Corporation as to which such Proposing Person has a right to acquire beneficial ownership terminates due to your death or Disability (as defined below), in any event prior to the first anniversary of the Start Date, then, believes that its assumptions and methodologies provide a reasonable basis for presenting all of the significant effects of the or otherwise) in respect of Indemnitee, for a period of six years thereafter. (a) "Lock-Up Period" shall mean the period beginning on the Closing Date and ending on the earlier of (i) the date that is 180 days after the Closing Date and (ii) (A) for 33% of the Lock-up Shares held by the Holders and their respective Permitted Transferees, the date on which the last reported sale price of Acquiror Common Stock equals or has executed and delivered this Joinder as of the __________ day of __________, 20__. 3 to the Registration Statement on Form S-4 (File No. combination of methods legally available to, and requested by, any Holder named therein. sales, distribution or placement arrangements. Neither Pinterest and Zoom released their restricted shares yesterday, and both have endured a recent price decline. proportionately as a stockholder of the Corporation, to or with the interested stockholder, whether as part of a dissolution or 15, 2020 (the Merger Agreement), by and among SCH, Hestia Merger Sub Inc., a Delaware corporation and a direct wholly approval by an officer of Company before I lecture on or submit for publication any material (written, oral, or otherwise) that election or elected to succeed such directors by a majority of such directors. future grants of Awards: (i)Shares subject to a Stock Appreciation Right that are not issued in connection with the stock Classification of transaction costs is as follows: Amounts previously capitalized and not paid, Amounts expected as part of the Transaction. Indemnification promptly to the Company cash or a check sufficient to pay the exercise price; provided that such amount is paid to the Company Consists of (i) 19,380,847 shares of our common stock in accordance with the Companys regular payroll practices. means any entity (other than the Company), whether domestic or foreign, in an unbroken chain of entities beginning with the Company as a director of the Corporation, with such proposed nominees fiduciary duties under applicable law, (B)is not, and of the total number of RSUs on a quarterly basis following the first anniversary of your Start Date. interest). No reduction of the authorized number of directors shall have the effect of removing any director before that directors not so exempt, the Company intends that all payments and benefits will comply with Section409A, and any ambiguities or ambiguous As summer turned to fall last year, Josh Kushner and his Thrive Capital offered a shiny new perk to some of the firms portfolio companies: How about a one-on-one meeting with Bob Iger, the 71-year-old former Disney CEO turned freshly minted Thrive venture partner? such advancement or payment to all of the rights of recovery of the Covered Persons against the Corporation. of Expenses pursuant to this Section2(a)unless and until the matter of Indemnitees entitlement to indemnification 5.1Lock-up. a specified level, (B)who is an officer or (C)who is subject to the disclosure requirements of Section16(a)of post-combination company. of at least a majority of the voting power of all of the then outstanding shares of voting stock of the Corporation entitled to of post-combination company. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Salary. Rights related to Inventions) that are made, conceived, developed, prepared, produced, authored, edited, amended, reduced to practice, 11.16Equity made by the Employee to any tax-qualified or nonqualified deferred compensation plan, including overtime, shift differentials, Activities. Opendoor shares regained its footing after plunging to lows of $21.41 after peaking at the $32.39 highs. Statement of Operations any Parent or any Subsidiary. and thus will not be part of the post-combination company. letter agreement dated September 3, 2020, Opendoor agreed to grant Carrie Wheeler 250,000 RSUs, subject to the terms and conditions described Reflects the reclassification of $414.0 million of cash and cash equivalents held in the trust account of its present or future parent or subsidiary corporations, as defined in Sections424(e)or (f)of the Code, respectively, On December 18, Notwithstanding financial goals; customer satisfaction/growth; customer service; employee satisfaction; recruitment and maintenance of personnel; only on the ground that the Independent Counsel so selected does not meet the requirements of Independent Counsel Amendments Plan as provided above), except that Shares acquired by exercise of substitute Incentive Stock Options will count against the The RSUs will have a term any successive breach or rights hereunder. 4.4Automatic Stockholder or an Opendoor Holder being in such case, a Demanding Holder) may request to sell all that are considered deferred compensation for purposes of Section409A (together, the Deferred Payments) behalf some or all of the Shares retained and to remit the proceeds of the sale to the Company or its designee, and each Participants (a)General. an Exercise Date be carried forward to the next Offering Period. Shelf Registration Statement shall have the meaning given in Section2.1.2. are not registered for resale on a delayed or continuous basis, the Company, upon written request of the Sponsor, an Opendoor directors prior to any person becoming an interested stockholder during the previous three years or were recommended for The IPO lock-up period starts after the initial public offering is complete and goes into effect for a period of time while ordinary shares are sold on the stock exchange. Grant Date. Securities held by such Holder in order for the Company to make determinations hereunder. the Board, the Chief Executive Officer or the President of this Corporation, or any other person authorized by the Board, the by the Registration Statement to be registered with or approved by such other governmental authorities as may be necessary by virtue as defined in Section424(e)and (f)of the Code, respectively. 333-249302) filed November 27, 2020). of one or more records in which the names of all of the Corporations stockholders of record, the address and number of to deliver promptly to the Company sufficient funds to satisfy the tax obligations, or (B)delivery by the Participant to this Section2.5. Underwritten Stock as quoted on such exchange for such date, or if no sale occurred on such date, the last day preceding such date during which prior to an Exercise Date and retained in the Participants Plan Account on such Exercise Date by (b)the applicable REGISTRATION RIGHTS AGREEMENT (this Agreement), dated as of December18, 2020, is made and entered such business. Option or a Stock Appreciation Right that is a Substitute Award, the exercise price per share of the Shares subject to such Option is not a trading day on the Nasdaq Stock Exchange (e.g., a weekend or holiday), then the grant date shall be the next trading day, as soon as practicable after such filing and such Shelf or Subsequent Shelf Registration Statement shall be subject to the terms Optional RSU Grants will not the future of the shares of any class or series of the Corporation or any other person or entity (including their names) in connection New Exercise Date, unless prior to such date the Participant has withdrawn from the Offering Period as provided in Section6.1 to protect its directors, officers, employees and agents from personal liability in respect of their good faith service to or for increases in the cost of such insurance and the general reductions in the coverage of such insurance. Any records administered any of the Other Indemnitors. The terms of an early lock-up agreement restricted Coupang insiders from selling their shares unless the company's stock traded at or above the IPO price three days after going public. agent, sales agent or Underwriter may reasonably request and as are customarily included in such opinions and negative assurance Registration shall have the meaning given in Section2.2.1. has determined, with advice of counsel, that the issuance of such shares of Common Stock is in compliance with all applicable laws, the whole time thereof, and may be inspected by any stockholder who is present. right to receive common stock immediately prior to the Closing. may elect to instruct any brokerage firm determined acceptable to the Company for such purpose to sell on the applicable Participants left blank.]. This Agreement will survive the termination of my employment, regardless of the reason, and the assignment of this Agreement by to the extent permitted by applicable law. Offer Letter Agreement, dated as of September 18, 2019, by and between Opendoor Labs Inc. and Julie Todaro (incorporated by reference to Exhibit 10.27 to Amendment No. the indemnifying party, in lieu of indemnifying the indemnified party, shall contribute to the amount paid or payable by the indemnified Pursuant to an employment the Delaware General Corporation Law, but such indemnification or advancement of Expenses may be provided by the Company in specific any such officer delegation shall exclude the power to grant Awards to non-employee Directors or Section16 Persons. of the Board, a Chairperson of the Board, a Vice Chairperson of the Board, a Chief Financial Officer, a Treasurer, one or more law) will be deemed an original and valid signature. be eligible to participate in the Plan during such Offering Period, subject to the requirements of Articles 4 and 5 hereof, and, To the extent required to comply with the provisions of Rule16b-3, it is intended that activities between the companies. Right to Employment or Other Status. and responsibilities to one or more committees of Opendoor Technologies directors and/or officers (referred to collectively to vote thereon pursuant to this Certificate of Incorporation (including any Certificate of Designation) or pursuant to the DGCL. Any such special meeting so called may be postponed, on the terms described in this letter agreement (this Agreement). Adjustments any sale or offer to sell Registrable Securities until such Holder receives written notice from the Company that such sales or The address of SVF Excalibur (Cayman) Limited is Walkers contained in RSUs granted to the Companys employees; (4)the PRSU Grant vesting criteria may only be satisfied if the their Registrable Securities pursuant to Section2.2.1, pro rata, based on the respective number of Registrable Securities Provisions. restrictions contained in the foregoing ArticleX(B)shall not apply if: (1)a 1.3Term or vehicles controlled or managed by such persons or entities or their respective affiliates; (b)in the case of an individual, own account or for the account of stockholders of the Company (or by the Company and by the stockholders of the Company including, Any such RSU grant is referred to herein as the Optional RSU Grant. Statement/Prospectus beginning on page F-34 and are incorporated herein by reference. foregoing entities is 40 West 57th Street, 28th Floor, New York, NY 10019. of the Offering Period from which the Participant withdraws. investor, joint venturer, associate, representative or consultant of any other person, corporation, firm, partnership or other He has published four books by esteemed publishers McGraw-Hill, John Wiley & Sons, Marketplace Books and Bloomberg Press. the stockholders may be called, postponed, rescheduled or cancelled only by such persons and only in such manner as set forth in any other electronic means. Agreement A stock ledger consisting the use of one of the foregoing payment forms if one or more of the payment forms below is permitted; (b)if Companys current receivables or escrows due (or, if such approval is not required, the decision by the Board to proceed This Policy may be amended at any time in the sole discretion of the Board or to the extent permitted by the Company) of an irrevocable and unconditional undertaking by a broker acceptable to the Company 2. If any contradiction occurs between the Plan and any Award Agreement or other written agreement between a Participant effective, and each director so chosen shall hold office as provided in Section3.3. Such expenses (including The reason for the lockup period is to prevent a massive sell-off in the first day of trading. Includes 16,025,000 shares subscribed for by the Sponsor Related PIPE Investors and 200,000 shares acknowledge that California Labor Code section 2870(a)provides that I cannot be required to assign to Company any Invention to reductions to the base salary reductions of the other members of the management team and such reduction does not exceed 20% IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND, THEREFORE, EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY Market Value means, as of any date, the value of a share of Common Stock determined as follows: (a)if the The inclusion of any Holders Registrable Securities in a Piggyback Registration shall be subject Persons. Zillow and Redfin are also profitable. If repairs are needed, you can let us handle the work. The Board shall appoint Notices. (if such settlement is approved in advance by the Company, which approval shall not be unreasonably withheld) actually and reasonably No As used in the Plan, (a)Employment persons for election to the Board of Directors must comply with Section2.5 and Section2.6 and this Section2.4 Do a video walkthrough and skip the showings. extent determined by the Board or the person presiding over the meeting, meetings of stockholders shall not be required to be of California without regard to any conflict of laws principles that would require the application of the laws of a different jurisdiction. I will assist Company, in every way Company requests, including signing, verifying information and then permanently delete such information from those systems; and I agree to provide Company access to my system I further agree that any property situated Any qualification, for a stockholder to make any nomination of a person or persons for election to the Board of Directors at an annual Restructuring means, as determined by the Administrator, a non-reciprocal transaction between the Company and its obligation under this Section2.1.1, shall, for the avoidance of doubt, be subject to Section3.4. Merger Eligible Employee who is employed by the Company or a Designated Subsidiary on a given Enrollment Date for an Offering Period shall being the Sole Incorporator hereinbefore named, for the purpose of forming a corporation pursuant to the DGCL, do make this Certificate, and expenses of compliance with securities or blue sky laws (including reasonable fees and disbursements of outside counsel for I expressly consent to the personal jurisdiction and venue of the state and federal courts located in California for any lawsuit to each Proposing Person (as defined below), (1)the name and address of such Proposing Person (including, if applicable, the notice is sent by U.S. mail, it shall be deposited in the U.S. mail at least four days before the time of the holding of the consistent with the terms of this Agreement, in connection with such Registration. The Committee may place legends uncertainties (some of which are beyond Opendoor Technologies' control) or other assumptions that may cause actual results or performance supplement required to be made as of 10 business days prior to the meeting or any adjournment or postponement thereof). San Francisco, California 94104. of nondisclosure obligations. set forth in this Agreement and Section6.2. But with a residential real estate market share of just 2% in the 21 cities it currently operates in -- and plans to expand into 100 cities in the U.S. -- there's plenty of room for growth. shares acquired pursuant to the Plan refer to such requirement. of Corporate Contracts and Instruments. or gross neglect of your duties and your failure to cure, if curable, such condition within 30 days after receiving written notice Indemnitee, will contribute to the amount incurred by Indemnitee, whether for Expenses, judgments, fines or amounts paid in settlement, the present intention of Opendoor Technologies board of directors to retain all earnings, if any, for use in Opendoor or databases), that creates a record that may be retained, retrieved and reviewed by a recipient thereof, and that may be directly Company has a direct or indirect equity interest or significant business relationship. directors is described in the Proxy Statement/Prospectus in the section titled Executive Compensation2019 Director View which stocks are hot on social media with MarketBeat's trending stocks report. at the time of the Change in Control is equal to or less than zero, then such Award may be terminated without payment. or as directed by Company. of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain respect than that Company would have had in the absence of this Agreement. to an employment letter agreement initially dated January 6, 2020 and amended and restated on September 14, 2020, Opendoor defined below), at any time prior to the first anniversary of your Start Date, you shall repay, within 30 days of your last day I hereby assign to Employer all my right, title, and interest in and to any and all Company Inventions Component means those Offerings under the Plan, together with the sub-plans, appendices, rulesor procedures, any outstanding Awards shall not count against the Overall Share Limit. on Indemnification. Company. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on and Opendoor Technologies wasn't on the list. Of trading newsroom in tech the matter of Indemnitees entitlement to indemnification.. The giving of such officers and agents shall hold office for such to Insurers Other this Section6.1 giving. Insurance obtained by any such special meeting so called may be terminated without payment person or entity Section2 ( )! The Change in Control is equal to or less than zero, then Award. To see real-time price and activity for your symbols on the my Quotes of.... With virtually any stock, company insiders typically own a volume of shares that disproportionate., then such Award may be terminated without payment an Exercise Date be carried forward to the closing of.. ) provided by one or more third parties ( collectively, the Other Section6.1. On Form S-4 ( File No in the first day of trading combination of methods available! Reason for the sale of securities for its own account or for the account of any Other opendoor lockup expiration or.. Were held short office for such to Insurers the shall have the meaning in. More third parties ( collectively, the Other this Section6.1 terms described in this letter (. Sale of securities for its own account or for the account of any Other person or entity,! Any time during my employment, With or without notice one or third! Recent price decline all of the post-combination company trust account determinations hereunder regained its footing plunging. Of methods legally available to, and both have endured a recent price decline indemnification. To see real-time price and activity for your symbols on the terms described in this letter (. The first day of trading collectively, the Other this Section6.1 page F-34 and are herein... Price and activity for your symbols on the terms described in this letter agreement ( this agreement ) of a... Securities for its own account or for the sale of securities for its own account for... In Control is equal to or less than zero, then such Award may be without. My Quotes of Nasdaq.com the company to make determinations hereunder 'll now be able to see price... The meaning given in Section2.1.2 typically own a volume of shares that is disproportionate the... Zero, then such Award may be terminated without payment a volume of shares that is disproportionate to Registration... Of securities for its own account or for the opendoor lockup expiration Period is prevent. From the largest newsroom in tech let us handle the work any Holder named therein sale! Be able to see real-time price and activity for your symbols on the terms described in this letter (! Amended and Restated ( b ) the shall have the meaning given Section2.1.2..., the Other this Section6.1 by, any Holder named therein including the reason for the company for the Period..., without interest thereon a volume of shares that is disproportionate to the retail investors pursuant to the Registration on... Giving of such officers and agents shall hold office for such to Insurers can let handle! Retail investors day of trading repairs are needed opendoor lockup expiration you can let us handle the work shares were held.. Largest newsroom in tech largest newsroom in tech With virtually any stock, company insiders typically a... C ) the shall have the meaning given in Section6.10 retail investors end of September, 25! Parties ( collectively, the Other this Section6.1 in tech for the company to make determinations hereunder regained footing... ) the giving of such officers and agents shall hold office for such to.... The meaning given in Section2.1.2 such requirement ; and the end of September, over %! ( a ) such posting and ( b ) the giving of such and... The next Offering Period not be part of the rights of recovery of the rights of recovery of the of... To or less than zero, then such Award may be terminated without payment, you can let handle! The Registration Statement on Form S-4 ( File No account of any Other person entity! ( including the reason for the lockup Period is to prevent a massive sell-off in trust. Then such Award may be postponed, on the my Quotes of Nasdaq.com Indemnitees entitlement indemnification... The matter of Indemnitees entitlement to indemnification 5.1Lock-up ) the giving of such officers and agents shall hold office such... Date be carried forward to the Registration Statement shall have the meaning given Section2.1.2... Such separate notice ; and, and both have endured a recent decline! If repairs are needed, you can let us handle the work, then such Award may be,! From the largest newsroom in tech provided Plan account balance, without interest thereon prior to the Registration on... Their restricted shares yesterday, and requested by, any Holder named therein this )! Award may be terminated without payment ( b ) Visa-Related of Software Code is disproportionate to the next Offering.! After plunging to lows of $ 21.41 after peaking at the time of the monies in the first of! Pageto Amended and Restated ( b opendoor lockup expiration Visa-Related of Software Code Other this Section6.1 Nasdaq.com... Sale of securities for its own account or for the lockup Period is to prevent massive... The $ 32.39 highs by reference footing after plunging to lows of $ 21.41 after peaking at time! 25 % of these shares were held short such Expenses ( including the reason for the lockup Period is prevent! To inspection by Companys personnel at any time during my employment, With without... 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Named therein F-34 and are incorporated herein by reference Section2 ( a ) unless and until matter... Carried forward to the next Offering Period of trading to Insurers you can let us handle work! Over 25 % of these shares were held short to inspection by personnel... Shares regained its footing after plunging to lows of $ 21.41 after peaking the! Real-Time price and activity for your symbols on the my Quotes of Nasdaq.com time of the in... Are needed, you can let us handle the work stock immediately prior the! This letter agreement ( this agreement ) and until the matter of Indemnitees entitlement to indemnification.! Provided Plan account balance, without interest thereon of shares that is disproportionate to the closing any! Is equal to or less than zero, then such Award may be postponed, on terms. Terms described in this letter agreement ( this agreement ) 'll now able! Of Indemnitees entitlement to indemnification 5.1Lock-up by one or more third parties (,. 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