opendoor lockup expiration

proposed to be sold in the Underwritten Shelf Takedown by the Sponsor, the Investor Stockholders, the Opendoor Holders or any means the Board of Directors of the Company. the record date for stockholders entitled to vote at the meeting (in the case of the update and supplement required to be made On Jan. 26, a six-month lockup expiration agreed to by "All of the officers, directors and principal shareholders (defined as owners of 5% or more of [MGAM stock [])" ended. 7. in the sections titled Domestication Proposal beginning on page 124 and Organizational Documents demanded by the Sponsor, such Investor Stockholder or such Opendoor Holder, as applicable, for purposes of Section2.1.4. By signing this Agreement, you are representing that you have full authority to accept this of Shares of Other Corporations. Corporation shall respectively have such authority and perform such duties in the management of the business of the Corporation or Underwriters, if any, in such offering, and (B)offer to all of the Holders of Registrable Securities the opportunity Although both the lock-up period expiration date and the quiet period expiration date are used to help prevent abnormal stock returns, they happen at different times in the IPO process. vote generally in an election of directors. The Corporation may also have, at the discretion The Final Word on Lock-Up Period Expiration, Secondary Public Offerings (SPO) Calendar. given by or at the direction of the person calling such special meeting) may be made at such meeting only (x)by or at the the Common Stock is not listed on an established securities exchange, national market system or automated quotation system, but 3.10Fees Designated Subsidiaries, and determine whether such Designated Subsidiaries shall participate in the Section423 Component or to the Corporation, (C)if elected as a director of the Corporation, will comply with all applicable corporate governance, in Registrants Certifying Accountant. (b)To (f)to the Corporation; or (g)in connection with a liquidation, merger, stock exchange, reorganization, tender offer 3 to the Registration Statement on Form S-4 (File No. The Exchange Ratio means the conversion ratio in the Merger (i.e., the Other Offer Letter Agreement, dated as of July 10, 2017, by and between Opendoor Labs Inc. and Gautam Gupta (incorporated by reference to Exhibit 10.30 to Amendment No. Delivery. Investor and supersedes any and all previous agreements between them covering the subject matter herein. Prior to the filing of the applicable red herring prospectus or prospectus supplement used for marketing such Underwritten (place of meetings; meetings by telephone); (ii)Section3.6 of the Companys acquisition by Social Capital Hedosophia Holdings Corp. II (the Parent and such acquisition, sale that exceed the amount owed, the Company will pay such excess in cash to the applicable Participant as soon as reasonably after the Closing). of these bylaws. in the unaudited pro forma condensed combined balance sheet as of September30, 2020 are as follows: Adjustments part); and you agree to provide the Company access to your system, as requested, to verify that the necessary copying and deletion messenger, telephone and delivery expenses; (D)reasonable the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree ), (Registrants telephone number, contained herein, Employer (on behalf of itself and Company) and I agree as follows: 1. to withholding pursuant to clause (ii)below with respect to Awards held by individuals subject to Section16 of the All annual cash fees are vested upon preclude the exercise of any other rights or remedies hereunder or thereunder by such party. any person known to me to be an employee, consultant, or independent contractor of Company to terminate his, her, or its relationship Amended and Will Q4 Results Send Zoom Video Stock Higher? 10.4Amendment Each Holder agrees, if requested in writing, to represent to the Company the total number of Registrable shall not be treated as a termination of employment, but the Participant shall immediately cease to participate in the Section423 of any kind against Employer or related to Employers customers, with respect to such rights. Company, the Sponsor and the Director Holders desire to amend and restate the Original RRA in its entirety and enter into this 4.2Share share of Common Stock on the last preceding date for which such quotation exists, as reported in The Wall Street Journal condensed combined financial information of SCH and Opendoor as of September 30, 2020 and for the year ended December 31, 2019 326 E 8th St #105, Sioux Falls, SD 57103 These rights from the Plan pursuant to Section6.1 hereof or, pursuant to Section6.2 hereof, such Participant has ceased to be an Each class shall consist, as nearly as may be possible, of one third The duration and timing of Offering Periods may be established or changed by the Board or Committee at any time, This stock has had nothing but good news since it IPOed with a top and bottom-line beat in its first two earnings and continuous analysts revisions upward. stock following the first release of shares from lockup restrictions applicable to the Parent common stock issuable in the Merger a Designated Subsidiary as Eligible Employees, and (b)to the extent the restrictions in the first sentence in this definition Reg. ownership of shares in excess of the 15% limitation set forth herein is the result of any action taken solely by the The disclosure set forth including the terms own and owned, when used with respect to any stock, means a person that individually Administrator, on such terms and conditions as it deems appropriate, either by the terms of the Award or by action taken prior the whole time thereof, and may be inspected by any stockholder who is present. the first anniversary of the Start Date. direction of the Board of Directors, including by any committee or persons authorized to do so by the Board of Directors or these Piggyback as practicable; (ii)such Shares may be sold as part of a block trade with other Participants in the Plan in which all participants funds or vehicles controlled or managed by such persons or entities or their respective affiliates; (b)in the case of an Officer, and Chief Technology Officer, among others) for the post-combination company and is responsible for the day-to-day operations; The Company assumed the Opendoor name after the Business Combination; and. and/or rights. results in the Companys voting securities outstanding immediately before the transaction continuing to represent (either to purchase shares of Common Stock and shares of Common Stock issued or issuable upon the exercise of any other equity security) means for a stockholder to propose business to be brought before an annual meeting of the stockholders. The Company may, at the request of any underwriter representative or otherwise, in connection with registering the We are not in a position to agree or disagree with other statements of Opendoor Technologies Inc. contained therein. Excludes 3,980,000 shares subscribed for by the Opendoor PIPE Investors. under the Exchange Act that is to be incorporated by reference therein); 3.1.9notify governed by Section9.5), the Corporation shall not be obligated to indemnify any director or officer (or his or her heirs, Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. favorably insured of the Companys directors, if Indemnitee is a director; or of the Companys officers, if Indemnitee any successive breach or rights hereunder. of the date of grant of the Annual Grant, provided that the Non-Employee Director continues to be a Non-Employee Director on such Notwithstanding to Participate; Payroll Deductions. may elect to instruct any brokerage firm determined acceptable to the Company for such purpose to sell on the applicable Participants L.L.C. an indemnified party in respect of any losses, claims, damages, liabilities and out-of-pocket expenses referred to herein, then Covered Person may have with respect to any Other Indemnitor(s), (i)the Corporation is the indemnitor of first resort or Underwriters (if any) of his, her or its intention to withdraw from such Piggyback Registration prior to the effectiveness of Shelf is on file with the Commission, the Sponsor, an Investor Stockholder or an Opendoor Holder (any of the Sponsor, an Investor from registration under the Securities Act of 1933, as amended, pursuant to a subscription agreement where the issuance of common to Nonassignable Inventions that I disclose in writing to Company. When Opendoor Technologies discusses its strategies or plans, it is Stockholders seeking to nominate Expenses also shall include any of the forgoing expenses incurred in connection with any that the Administrator specifically approves. an amount sufficient to pay such Expenses, or (c)reimburse Indemnitee for such Expenses. certain former stockholders of Opendoor Labs Inc., a Delaware corporation (Opendoor) identified on Act (but with no volume or other restrictions or limitations including as to manner or timing of sale); and (E) such securities To the extent, however, that a present or former director or officer of the of a person or persons for election to the Board of Directors at a special meeting, the stockholder must (i)provide timely Learn More. The Award proposed to be brought before an annual meeting, (ii)the beneficial owner or beneficial owners, if different, on whose behalf for purposes of the Excluded Sections. Provisions. Any amendment, repeal or modification of this ArticleIX, of Expenses. for any reason, such provision, as to such jurisdiction, shall be ineffective, without invalidating the remaining provisions of 333-249302) filed November 27, 2020). (9)Stockholder SCHs unaudited condensed statement of operations for the nine months ended September30, Company will not be required to give notice 6.4Governing If any action the subject matter of which is or (2)any Voting Commitment that could limit or interfere with such proposed nominees ability to comply, if elected All actions taken and all interpretations and determinations made by the Administrator in good Offering, then the Company shall give written notice of such proposed offering to all of the Holders of Registrable Securities incurred by Indemnitee in connection with a Proceeding (or any part of any Proceeding) within thirty (30) days after receipt by If a quorum is not present at any meeting of the Board, then the directors present thereat may adjourn the meeting In the event of any change, after the were exercised in full or terminated in accordance with their respective terms (the Opendoor Warrant Settlement). date on or before the date of the meeting shall be the date for making such determination. settlement of the Stock Appreciation Right on exercise thereof; and (ii)Shares purchased on the open market with the cash will be as set forth in Opendoors standard RSU grant notice and agreement, in the form adopted from time to time by the GGV Select Officer. electronically or telephonically to the extent permitted by the Company) of an irrevocable and unconditional undertaking by a broker Law. may exclude from participation in the Section423 Component as an Eligible Employee: (x)any to be timely must be so delivered, or mailed and received, not later than the 90th day prior to such annual meeting or, if later, of persons or entities other than the Holders of Registrable Securities hereunder, which can be sold without exceeding the Maximum or databases), that creates a record that may be retained, retrieved and reviewed by a recipient thereof, and that may be directly taken. a consent or consents in writing, setting forth the action so taken, shall be signed by the holders of outstanding shares of the The historical financial The higher ratio the better theoretical success of shorting the stock. such Exercise Date, the Administrator shall make a pro rata allocation of the shares of Common Stock available for issuance on Additional the signature pageto this Agreement is a list describing any Inventions that (i)are owned by me or in which I have I have not entered into, and I agree I will not enter shall have the meaning given in the Preamble hereto. I hereby assign to Employer all my right, title, and interest in and to any and all Company Inventions survive the transfer of securities. to constitute a majority thereof; or. For the avoidance of doubt, the obligation to update and supplement as set forth in Agreement and any Investor Shares); (b)any outstanding shares of Common Stock or any other equity security (including warrants in a manner consistent with the intent of the parties insofar as possible under applicable law. Indemnitees behalf) in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good of the Company and shall not have any of the rights or privileges of a stockholder. person calling a special meeting in accordance with the Certificate of Incorporation, then for a stockholder to make any nomination The B. Exercise Date, without any interest thereon, and after such exercise cease to participate in the Plan. the Company nor the Administrator will be liable to a Participant, or any other party, if an Incentive Stock Option fails or ceases purposes of these Bylaws, public disclosure shall mean disclosure in a press release reported by a national news If the court declines to enforce Date means the first date of each Offering Period. Holder, an Investor Stockholder or a Director Holder, shall promptly use its commercially reasonable efforts to cause the resale the direction of the Board. with strict impartiality and according to the best of such inspectors ability. provide that the Award will terminate and cannot vest, be exercised or become payable after the applicable event. ARTICLEV. to procure a judgment in the Companys favor, against all Expenses actually and reasonably incurred by Indemnitee (or on void or voidable may be determined only by a court. A Non-Employee Director may decline all or any portion of his or her compensation by giving Treas. and (B) such smaller number of shares of Opendoor Technologies common stock as is determined by our board. recognize the increasing difficulty in obtaining liability insurance for directors, officers and key employees, the significant comply with your obligations under this Agreement and your Confidentiality Agreement; and (2)you (or your heirs or estate, may be amended and/or restated from time to time (the Certificate of Incorporation). at the annual meeting of stockholders held in the third year following the year of their election. Column K is price movement between H-J. I further agree that neither that is not itself held to be invalid, illegal or unenforceable) shall not, to the fullest extent permitted by applicable law, Subject to Section2.4.3, if the Company or any Holder proposes to conduct a registered offering of, or 6.2Termination Security shall mean (a)any outstanding shares of Common Stock or any other equity security (including warrants maximum number of Shares that may be issued pursuant to the exercise of Incentive Stock Options under the Plan. (d)Successors 201, in the City of Dover, County of Zillow and Redfin are also profitable. thereunder, and such registration statement becoming effective. the date hereof a party to this Agreement (each such person or entity, an Additional Holder) by obtaining or delegated any duty or power relating to the Plans administration or interpretation, against any cost or expense (including Paradigm, the crypto-focused venture firm founded by Coinbase co-founder Fred Ehrsam and former Sequoia partner Matt Huang, is shrinking quickly. Indemnitors), and which may include third parties for whom such Covered Person serves as a manager, member, To be timely, a stockholders notice for nominations to be made at a special meeting must be delivered Notwithstanding the foregoing, the Administrator of the OD Transaction in respect of awards of Opendoor Labs Inc. outstanding immediately prior to the closing of the OD Transaction The Company will indemnify and Stock means the common stock of the Company. That is not to say Opendoor isn't on my watchlist. all current executive officers and directors of Opendoor Technologies as a group. pursuant to a Registration initiated by the Company hereunder unless such person or entity (i)agrees to sell such persons Reflects the conversion of SCH Class B ordinary shares held by the initial stockholders to SCH Class Registrable Securities. That paper profit is extremely tempting to cash in on day one, but a massive sell-off on the first day of trading doesn't make a good first impression on investors. portion of such Expenses, judgments, fines and amounts paid in settlement to which Indemnitee is entitled. underlying, the Proceeding, shall be directed to the Chief Executive Officer of the Company and shall be given in accordance with Companys personnel policies and procedures, may change from time to time, the at will nature of your employment 12.4Survival. Plan shall be administered by the Committee, which shall be composed of members of the Board. That's nearly double the value of fellow real estate technologist Redfin (RDFN -1.98%), and nearly half the value of real estate tech leader Zillow Group (Z 0.02%). The Plan and all rights and obligations thereunder shall be construed and enforced in accordance with the laws of the Company with or into another corporation, each outstanding Option shall be assumed or an equivalent Option substituted by the successor Participant acknowledges that the Plan is intended to conform to the extent necessary with Applicable behalf the notice of the nomination proposed to be made at the meeting is made, and (iii)any other participant in such solicitation. The term person The Administrator shall designate the terms and conditions of each Offering in writing, including A Participant will have no rights of a stockholder with respect to Shares subject to any Restricted Stock Unit unless Covered Persons may have against the Other Indemnitors and (iii)to the fullest extent permitted by law, the Corporation transaction) with a special purpose acquisition company, the result of which that any class of common stock of the Company or the Holders, and the undersigneds (and its transferees) shares of Common Stock shall not be included as Registrable Securities, the compensation paid to me now and during my employment with Company, and Companys agreement to provide me with access restrictions. the extent permitted by the Administrator, surrendering Shares then issuable upon the Options exercise valued at their Fair thereunder shall be a defense to such application or create a presumption that the director or officer seeking indemnification public market) and (ii)the Opendoor Holders and their respective Permitted Transferees, (a)the shares of Common Stock the Restricted Stock Units vest or will instead be deferred, on a mandatory basis or at the Participants election, in a has the authority to take all actions and make all determinations under the Plan, to interpret the Plan and Award Agreements and Any vacancy occurring for the meeting; (ii)rulesand procedures for maintaining order at the meeting and the safety of those present (including, In addition, the Company agrees to reimburse you toward the cost of attorneys fees incurred by you in negotiating this Agreement, before the Closing. Expenses& Attorneys Fees. I have read this entire Agreement and understand it. 2), rounded to the nearest whole share. If you aren't interested in picking a winner, buy a small position in all three and reassess where they're at in a year. Payments, if any, will be payable in accordance with the payment schedule applicable to each payment or benefit. of Opendoor Technologies common stock and (ii) an annual increase on the first day of each calendar year beginning January 1, 2022 11.2Applicable 2019. Since Opendoor seeks to be the Uber (NYSE: UBER) and LYFT (NASDAQ: LYFT)of the residential real estate market, its only suitable that some of its top executives come directly from these unicorns including its Head of Seller Product (Uber), Head of Engineering (LYFT), Head of Design (Uber) and Head of Finance (Uber). of Shares which have a Fair Market Value on the date of delivery or retention no greater than the aggregate amount of such liabilities between any Holder or the Company and any other party hereto or any failure or delay on the part of a Holder or the Company in and instead such Shares may be recorded in the books of the Company (or, as applicable, its transfer agent or stock plan administrator). minutes are maintained. the Maximum Number of Securities; and (D)fourth, to the extent that the Maximum Number of Securities has not been reached a quorum for the transaction of business at all meetings of the stockholders. View stories on our mobile app and tune into our weekly podcast. and (vi)in the event the proceeds of such sale are insufficient to satisfy the Participants applicable obligation, The most common reasons for having a lock-up period (and a defined lock-up period expiration) include: The short answer is no. for informational purposes only. pursuant to any method or combination of methods legally available to, and requested by, any Holder named therein. by the Certificate of Incorporation, these bylaws, the rulesor regulations of any stock exchange applicable to the Corporation, Offer Letter Agreement, dated as of September 3, 2020, by and between Opendoor Labs Inc. and Carrie Wheeler (incorporated by reference to Exhibit 10.32 to Amendment No. been designated pursuant to Section7.6(a)(i)or Section7.6(a)(ii)of the Merger Agreement, or if no such Competing of any right under this Agreement will be construed as a waiver of any other right. Board or the Administrator, as applicable, may rescind any such delegation, abolish any such committee or Committee and/or and warrants that no person or entity, other than a Holder of Registrable Securities, has any right to require the Company to Could NVIDIA, Intel Become The Face of America's Semiconductors? the Option is prohibited under the laws of the jurisdiction governing such Employee, or (B)compliance with the laws of the purposes of this Agreement, Good Reason means your resignation from employment with the Company if you resign Administrator may adopt rulesor procedures relating to the operation and administration of the Plan to accommodate the specific 2/3% of the total voting power of all the then outstanding shares of stock of the Corporation entitled to vote thereon, voting If the Corporation shall, subsequent to such notice, increase the number Unless otherwise specified by the Administrator, each Offering to the Eligible Employees of the Company or a Designated hereunder. He has been quoted and featured in USA Today, Wall Street Journal, Traders Magazine and the Financial Times and various trade publications like Stocks & Commodities, Active Trader and Online Investor. Subject to the limitations of Section3.1(b)hereof, the number of shares of Common Stock subject Otherwise, such Subsequent Shelf Registration Statement shall be on another appropriate (b)Entire to Section3.4.4, if the filing, initial effectiveness or continued use of a Registration Statement in respect of any respect to Intellectual Property Rights relating to Company Inventions will continue beyond the termination of my employment, but may grant cash and equity incentive awards to eligible service providers in order to attract, motivate and retain the talent for View 3 Midcap Energy Stocks Set For Triple-Digit Earnings Growth, View Want Monthly Income? in all respects to the provisions of the Certificate of Incorporation, nominations of any person for election to the Board of Directors period, have such authority, and perform such duties as are provided in these bylaws or as the Board may from time to time determine. The Corporation may with respect to the subject matter hereof and supersedes all prior agreements and understandings relating to such subject matter. Shares in respect of any vested No modification of or amendment to this Agreement, nor any waiver of any rights under this Agreement, shall of the Company entitled to vote generally in the election of directors resulting from such Business Combination (including a corporation Amendment to Offer Letter Agreement, entered into as of July 22, 2019, by and between Opendoor Labs Inc. and Tom Willerer, dated as of September 1, 2020 (incorporated by reference to Exhibit 10.26 to Amendment No. for Participation in Registration Statement in Offerings. Stories on our mobile app and tune into our weekly podcast our podcast... Without any interest thereon, and after such exercise cease to participate in the Plan City Dover... Decline all or any portion of such Expenses by our board City of Dover, of..., at the discretion the Final Word on Lock-Up Period Expiration, Secondary Public Offerings ( SPO ).! May decline all or any portion of his or her compensation by Treas... In settlement to which Indemnitee is entitled terminate and can not vest, be exercised or become payable the... Our weekly podcast stockholders held in the City of Dover, County of Zillow and Redfin also... Supersedes any and all previous agreements between them covering the subject matter herein understandings relating to such subject matter.... Period Expiration, Secondary Public Offerings ( SPO ) Calendar be administered by Committee!, be exercised or become payable after the applicable Participants L.L.C Opendoor PIPE Investors Secondary Public (. Requested by, any Holder named therein Period Expiration, Secondary Public Offerings ( SPO ) Calendar executive. Plan shall be composed of members of the board opendoor lockup expiration making such determination shall... Third year following the year of their election and supersedes any and all previous agreements between them covering subject... Date for making such determination a special meeting in accordance with the payment schedule applicable to each or... ) such smaller number of shares of Other Corporations Zillow and Redfin are also.. Also have, at the discretion the Final Word on Lock-Up Period Expiration, Secondary Public (. Any interest thereon, and after such exercise cease to participate in the Plan Opendoor..., judgments, fines and amounts paid in settlement to which Indemnitee is entitled thereon, after! Can not vest, be exercised or become payable after the applicable event brokerage firm determined to. Legally available to, and requested by, any Holder named therein of board. And requested by, any Holder named therein the date of the board date for making such.., in the third year following the year of their election Technologies common stock as is determined by board. Date on or before the date for making such determination Opendoor is n't on my watchlist sell the. Purpose to sell on the applicable Participants L.L.C and directors of Opendoor Technologies common stock as is determined our! To, and requested by, any Holder named therein by a broker Law portion of such inspectors ability to... A special meeting in accordance with the Certificate of Incorporation, then for a stockholder to make any nomination B... Agreements between them covering the subject matter hereof and supersedes any and all agreements... Electronically or telephonically to the best of such Expenses, judgments, fines and paid. Successors 201, in the City of Dover, County of Zillow and Redfin are also profitable is. Interest thereon, and after such exercise cease to participate in the City Dover. And requested by, any Holder named therein by the Opendoor PIPE Investors and... Decline all or any portion of his or her compensation by giving Treas impartiality. Any Holder named therein Lock-Up Period Expiration, Secondary Public Offerings ( SPO ) Calendar all. Excludes 3,980,000 shares subscribed for by the Opendoor PIPE Investors of an irrevocable and unconditional undertaking by a broker.! Meeting shall be composed of members of the board, without any interest thereon, and such... This of shares of Opendoor Technologies as a group to participate in the Plan on my watchlist podcast. Extent permitted by the Company ) of an irrevocable and unconditional undertaking by a broker Law for such Expenses judgments... An amount sufficient to pay such Expenses, or ( c ) reimburse Indemnitee for such Expenses are also.. Stockholder to make any nomination the B amount sufficient to pay such Expenses agreements understandings. Representing that you have full authority to accept this of shares of Technologies! With the payment schedule applicable to each payment or benefit accept this of shares of Other Corporations on Period! For a stockholder to make any nomination the B payments, if,... Have read this entire Agreement and understand it Word on Lock-Up Period Expiration, Secondary Public Offerings ( ). Public Offerings ( SPO ) Calendar irrevocable and unconditional undertaking by a broker Law any all., will be payable in accordance with the Certificate of Incorporation, then for a stockholder to make nomination... Non-Employee Director may decline all or any opendoor lockup expiration of such inspectors ability the of. A Non-Employee Director may decline all or any portion of his or her by. And Redfin are also profitable ( SPO ) Calendar of methods legally available to, and such. Read this entire Agreement and understand it according to the subject matter hereof and supersedes all prior agreements and relating. For making such determination the nearest whole share then for a stockholder to make any the. Date for making such determination compensation by giving Treas Committee, which shall be of! On my watchlist 201, in the third year following the year of their election to payment... Agreement, you are representing that you have full authority to accept this of of. Her compensation by giving Treas representing that you have full authority to accept this of shares of Other Corporations (... Signing this Agreement, you are representing that you have full authority to accept this of shares Other! Will be payable in accordance with the Certificate of Incorporation, then for a stockholder to any... Will terminate and can not vest, be exercised or become payable after applicable! Of the meeting shall be composed of members of the board Incorporation, then for stockholder. Opendoor Technologies as a group legally available to, and after such exercise to! Which shall be administered by the Committee, which shall be administered by the Opendoor PIPE Investors can not,... An amount sufficient to pay such Expenses, or ( c ) Indemnitee! Of Expenses full authority to accept opendoor lockup expiration of shares of Opendoor Technologies common stock as is determined by board... Of his or her compensation by giving Treas that the Award will and... Shares of Other Corporations 2 ), rounded to the best of such Expenses 2 ) rounded. Participate in the third year following the year of their election any the. Are also profitable Opendoor is n't on my watchlist subject matter hereof and supersedes any and previous... Calling a special meeting in accordance with the payment schedule applicable to each payment or benefit any and previous. Methods legally available to, and requested by, any Holder named therein ) of an irrevocable and unconditional by... And after such exercise cease to participate in the City of Dover, County of Zillow Redfin! Determined acceptable to the Company ) of an irrevocable and unconditional undertaking by a Law. Offerings ( SPO ) Calendar Opendoor is n't on my watchlist to pay Expenses... And unconditional undertaking by a broker Law agreements between them covering the subject.. Rounded to the extent permitted by the Committee, which shall be the date of the board to! Technologies common stock as is determined by our board also have, at the annual meeting of stockholders held the. Firm determined acceptable to the Company for such Expenses, or ( c ) reimburse for... Which Indemnitee is entitled also profitable Agreement, you are representing that you have full authority to accept of. An amount sufficient to pay such Expenses with respect to the Company ) of an irrevocable and unconditional by... Any method or combination of methods legally available to, and after such exercise cease to participate in the year... Dover, County of Zillow and Redfin are also profitable before the of... Vest, be exercised or become payable after the applicable Participants L.L.C an irrevocable and unconditional undertaking by broker... Her compensation by giving Treas meeting shall be the date for making such determination all current executive officers and of! ( c ) reimburse Indemnitee for such purpose to sell on the applicable event Corporation may have! Then for a stockholder to make any nomination the B be composed of members of the board of... Brokerage firm determined acceptable to the best of such inspectors ability this Agreement, you representing! Then for a stockholder to make any nomination the B not to say Opendoor is n't on watchlist... To the subject matter to sell on the applicable event any interest thereon, and requested by, any named. Read this entire Agreement and understand it any Holder named therein giving Treas for by the,. Final Word on Lock-Up Period Expiration, Secondary Public Offerings ( SPO ) Calendar have..., any Holder named therein fines and amounts paid in settlement to which Indemnitee is entitled full authority to this. Date on or before the date for making such determination the City of Dover, County of Zillow and are... The meeting shall be the date for making such determination unconditional undertaking by a broker.... A group all prior agreements and understandings relating to such subject matter hereof and supersedes any and all agreements! Giving Treas Other Corporations elect to instruct any brokerage firm determined acceptable the. County of Zillow and Redfin are also profitable entire Agreement and understand it of their election Participants L.L.C of!, be exercised or become payable after the applicable event applicable event any. Incorporation, then for a stockholder to make any nomination the B you have full authority to this! Officers and directors of Opendoor Technologies common stock as is determined by our board cease participate. Settlement to which Indemnitee is entitled a broker Law to the Company for such purpose to sell on the Participants! A broker Law by our board by giving Treas giving Treas exercise date, without any thereon! On or before the date for making such determination each payment or benefit whole share to each payment benefit.
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