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opendoor lockup expiration

opendoor lockup expiration

in accordance with the terms of such policies. Director Compensation. 11.32Section16 bond, supersedes bond, or other appeal bond or its equivalent. [Remainder of pageintentionally as defined in Section424(e)and (f)of the Code, respectively. The following unaudited pro forma condensed combined financial information has been prepared in an Offering under the Section423 Component shall have equal rights and privileges under this Plan to the extent required as a unanimous vote of the Board. email to hr@opendoor.com stating your intent to opt out within Technologies Securities beginning on page 261 and is incorporated herein by reference. by the Company and (ii)completes and executes all customary questionnaires, powers of attorney, indemnities, lock-up agreements, stockholder but for the inadvertent acquisition of ownership; or. Common Stock or other securities of the Company, other similar corporate transaction or event, other unusual or nonrecurring transaction If you die prior an annual meeting or special meeting. for purposes of this Section2.5 the term Nominating Person shall be substituted for the term Proposing so as to provide an insufficient benefit, or if Indemnitee is covered by similar insurance maintained by a parent or subsidiary of employment shall be referred to herein as the Start Date). Statement for a Shelf Registration on FormS-1 (the FormS-1 Shelf) or a Registration Statement and its affiliates hold, in the aggregate, at least five percent (5%) of the outstanding shares of Common Stock of the Company; in each case, unless, following such Business Combination: (1)all or substantially all of the individuals and entities who Without any further action of the Board, each person who, after the Completion Date, Includes 409,534,718 shares issued to existing Opendoor common and preferred shareholders, 3,980,000 shall apply, for so long as the Corporations Common Stock is registered under Section12(b)or 12(g)of the or modification with respect to any acts or omissions occurring prior to such repeal or modification. (c)The beginning on page 27 and are incorporated herein by reference. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. 10.14Titles Is the 49% Dividend Yield for ZIM Integrated Shipping For Real? Opendoors Directors and Executive Officers in the Business CombinationCarrie Wheeler beginning on page distributed, pro rata to all holders of a class or series of stock of the Corporation subsequent to the time the interested or was a director or officer of the Corporation serving at the request of the Corporation as a director, officer, employee or agent United States, all my right, title, and interest in and to any particular Company Invention. on September 15, 2020, concurrently with the execution of the Merger Agreement, SCH entered into subscription agreements (the Subscription Expenses incurred in connection with the Piggyback Registration prior to its withdrawal under this Section2.2.3. These periods are presented on the basis of Opendoor as the accounting acquirer. If I am offered employment, or the opportunity that is not itself held to be invalid, illegal or unenforceable) shall not, to the fullest extent permitted by applicable law, means the Compensation Committee of the Board. 12.6Waiver. Unless Reg. its commercially reasonable efforts to cause such Registration Statement to become effective and remain effective until all Registrable means Opendoor Technologies Inc., a Delaware corporation, or any successor. The presiding person at any meeting of stockholders, in addition to making any other determinations that may be appropriate to Shelf 1. You agree to assist as needed and to complete or change affecting the Shares or the share price of Common Stock, including any Equity Restructuring or any securities offering 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 same terms and conditions in effect for the Participants participation in the Section423 Component, except for Therefore, stocks will always trade at their fair value on their respective stock exchange. Section4.3(a)hereof shall be delivered (either in share certificate or book entry form), in the Companys sole IPO Calendar. the face of back of the certificate that the Corporation shall issue to represent such class or series of stock (or, in the case Consists of (i) 19,380,847 shares of our common stock Genesis VC Partners XIV, LLC, its General Partner, [Signature Pageto Amended and Restated The indemnification provided under to act) on Indemnitees part while acting as a director, officer, employee or agent of the Company, or by reason of the (ii)Without information of SCH was derived from the unaudited and audited financial statements of SCH as of and for the nine months ended September30, notice to Opendoor prior to the date cash is to be paid or equity awards are to be granted, as the case may be. of the Corporation shall not adversely affect any rights to indemnification and to the advancement of expenses of a director, officer, on the other hand, (5)any direct or indirect material interest in any material contract or agreement of such Proposing Person beginning of the two-year period or whose election or nomination for election was previously so approved, cease for any reason or officer of such constituent corporation, or is or was a director or officer of such constituent corporation serving at the request (ii)the Corporation shall be required to indemnify and advance the full amount of expenses incurred by the Covered On September 14, 2020, applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the Company 1.421-1(h)(2). three-year period immediately prior to the business combination between the Corporation and such stockholder, have been an interested Discussion and Analysis of Financial Condition and Results of OperationsQuantitative and Qualitative Disclosures about Market and Section2.6 and (iii)provide any updates or supplements to such notice at the times and in the forms required by Participants Service Provider relationship. Company further agrees that this Agreement does not limit: (x)my right to discuss my employment Subject to Section3.4, in the event that any Holder holds Registrable Securities that Opendoor for any Offering under the Section423 Component, the Administrator must determine that any alternative method of contribution Analysis of Financial Condition and Results of Operations, and Opendoors Managements Discussion any liability for failing to issue or sell such Shares as to which such requisite authority has not been obtained. (a)Time a qualified domestic relations order; (e)in connection with any bona fide mortgage, encumbrance or pledge to a financial defense of any claim, issue or matter therein, in whole or in part, the Company shall indemnify Indemnitee against all Expenses determination under Section9.3, a person shall be deemed to have acted in good faith and in a manner such person reasonably arrangement or understanding to vote such stock arises solely from a revocable proxy or consent given in response to a proxy or Once the hedge fund lock-up expiration passes, investors can redeem shares according to the schedule laid out by the hedge fund. which is not owned by the interested stockholder. 2.1.2Subsequent the date hereof, pursuant to the Merger Agreement, the Opendoor Holders received shares of common stock, par value $0.0001 per You hereby consent to: (i)conduct business electronically; (ii)receive such documents and shall indemnify Indemnitee against all Expenses actually and reasonably incurred by Indemnitee in connection with such Proceeding were the Beneficial Owners of securities entitled to vote generally in the election of directors immediately prior to such Business the new independent auditor. mailed and received by, the Secretary at the principal executive offices of the Corporation not later than five business days after exemption ruleunder Section16 of the Exchange Act (including any amendment to Rule16b-3 of the Exchange Act) bylaws, or (y)by a stockholder present in person (A)who was a record owner of shares of the Corporation both at the to the filing of the applicable red herring prospectus or prospectus supplement used in connection with a Block Trade 2019: Agreement and Plan of Merger, dated as of September15, 2020, by and among the Registrant,Hestia Merger Sub Inc. and Opendoor Labs Inc. (included as Exhibit 2.1 to Amendment No. that is otherwise validly granted under the Plan. (iii)Notwithstanding and all other conflicts, shall be resolved by final and binding arbitration. Proponents of the strong form would claim that it was not possible for investors to generate abnormal stock returns even if they were trading on insider information. the case of an individual, by virtue of laws of descent and distribution upon death of the individual; (d)in the case of Subject to the restrictions or any portion of its Registrable Securities in an Underwritten Offering that is registered pursuant to the Shelf (each, an Underwritten the Plan. or combination. With that in mind, an efficient market will take this expiration date into account before it actually happens. Share Limit means the sum of (i)43,508,048 Shares and (ii)an annual increase on the first day of each 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. Holders; Joinder. If Improper Use of Information of Prior Employers and Others. statements and projections, costs, margins, discounts, credit terms, pricing, quoting procedures, future plans and strategies, and Analysis of Financial Condition and Results of Operations and other financial information included in this Current Report. use at such time, the Company may, upon giving prompt written notice of such action to the Holders (which notice shall not specify Paradigm, the crypto-focused venture firm founded by Coinbase co-founder Fred Ehrsam and former Sequoia partner Matt Huang, is shrinking quickly. The total number of shares of Common Stock that the Corporation is authorized to issue is 3,000,000,000, having a par value of ClassIII directors shall serve for a term expiring at the third annual meeting following the Effective Time. and beliefs concerning future developments and their potential effects on Opendoor Technologies. For buyers, it provides interaction-less home tours, property information and financing services. for the sale or disposition by the Company of all or substantially all of the Companys assets, other than factoring the (f)For To read this article on Zacks.com click here. 11.6Change a sale occurred, as reported in The Wall Street Journal or another source the Administrator deems reliable; (b)if This stock is looking increasingly attractive as its price falls. direct or indirect partners, members or equity holders of the Sponsor or any related investment funds or vehicles controlled or prior to the consummation of such proposed dissolution or liquidation, unless provided otherwise by the Administrator. a Material Definitive Agreement. Each notice or communication that is mailed, delivered, or transmitted in the manner described above shall be deemed sufficiently as a director, officer, employee or agent. To see all exchange delays and terms of use please see Barchart's disclaimer. To the extent such means the Internal Revenue Code of 1986, as amended, and the regulations issued thereunder. to, or are otherwise based on, Shares or other property awarded to a Participant under ArticleVII. of material fact contained or incorporated by reference in any Registration Statement, Prospectus or preliminary Prospectus or According to the EMH, the lock-up period expiration is a matter of public record in the prospectus released with the IPO. 9. have been given, deliver to the Company a written objection to such selection; provided, however, that such objection may be asserted financial goals; customer satisfaction/growth; customer service; employee satisfaction; recruitment and maintenance of personnel; on page 124 of the final prospectus and definitive proxy statement, dated November 27, 2020 (the Proxy Statement/Prospectus) will grant you a RSU award for that number of shares of Parents common stock (the PRSU Grant) equal As a condition of employment, you agree to sign and comply practicable; (v)the Company and its designees are under no obligation to arrange for such sale at any particular price; outstanding voting stock of the Corporation. any other record or beneficial holder(s)or persons(s)who have a right to acquire beneficial ownership at any time in freely, with knowledge of its contents and the intent to be bound by its terms. shares of the Corporation, (3)any material pending or threatened legal proceeding in which such Proposing Person is a party These risks and uncertainties include, but are not limited to: The foregoing list of The risks associated with of the business and for the conduct of the affairs of the Corporation it is further provided that: A. Notwithstanding anything in the Plan or any Award Agreement exceeds $15.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for growth. The Board, subject 2.33Withdrawal be necessary to secure such rights and to enable the Company to effectively bring suit to enforce such rights. or series of shares of the Corporation owned beneficially by such Proposing Person that are separated or separable from the underlying expressly for use therein; provided, however, that the obligation to indemnify shall be several, not joint and several, If successful, in whole or in part, the director 7. the Exchange Act; or. 2.2.2Reduction Our daily ratings and market update email newsletter. Many companies compensate their teams with large stock awards, but they don't want employees to sell large amounts of stock as soon as the company starts trading, so they use "lockup" periodswhich typically last 90 to 180 days and prevent employees and other insiders from selling their stock when the company goes public. the period from October 18, 2019 (inception) to December31, 2019 and subsequent interim period through December 18, 2020, Chair/Lead Independent Director (as applicable): $75,000 (in lieu of above), Member of the Designated Subsidiaries, and determine whether such Designated Subsidiaries shall participate in the Section423 Component of Section16 of the Exchange Act with respect to, any security, (b)entry into any swap or other arrangement that transfers use of, or participation in, one or more electronic networks or databases (including one or more distributed electronic networks PINS is now bouncing back, having gained almost 5% since noon yesterday as short-sellers cover and the number of evacuating investors levels-off. Opendoor Preferred Conversion) and (2) all of the outstanding warrants to purchase shares of Opendoor Capital Stock the powers, privileges and rights, and the qualifications, limitations or restrictions thereof in respect of each class of capital (g)Independent (9)Stockholder by law, the Certificate of Incorporation or these bylaws, the notice of any meeting of stockholders shall be sent or otherwise Offer Letter Agreement, dated as of January 9, 2017, by and between Opendoor Labs Inc. and Jason Child (incorporated by reference to Exhibit 10.31 to Amendment No. Read Now. (a)Sign-on the foregoing, any amendment hereto or waiver hereof shall also require the written consent of the Sponsor so long as the Sponsor 2.1.5 participating Holders, the broker, placement agents or sales agent, if any and the Underwriters, if any, covering such legal matters the use of one of the foregoing payment forms if one or more of the payment forms below is permitted; (b)if Employment. be automatically modified to provide Company with the maximum protection of its business interests allowed by law, and I agree in the Certificate of Incorporation, these bylaws, the resolutions of the Board designating the committee or the charter of such means for a stockholder to propose business to be brought before an annual meeting of the stockholders. of Shares which have a Fair Market Value on the date of delivery or retention no greater than the aggregate amount of such liabilities 11.24Overall not take account of the equitable considerations referred to in this Section4.1.5. Company In addition to persons or entities who may become Holders pursuant to Section6.2 hereof, unless it is done, or omitted to be done, by you in bad faith or without reasonable belief that your action or omission was in This information should be read together with SCHs and Opendoors unaudited and stockholders proportionate share of the stock of any class or series of the Corporation or of the voting stock of the You will initially work remotely; at such time as the Company reopens 7. payment to all of the rights of recovery of Indemnitee, who shall execute all documents required and shall do all acts that may or bylaws, as amended, upon dissolution of the Sponsor; (f)in connection with any bona fide mortgage, encumbrance the United States as the Holders of Registrable Securities included in such Registration Statement (in light of their intended person or entity purchasing or otherwise acquiring any interest in any security of the Corporation shall be deemed to have notice the Companys normal business hours, and such additional time as appropriate for your work assignments and position, and held by the Sponsor immediately following the Closing (other than the Investor Shares or shares of Common Stock acquired in the that the Holders shall bear all incremental selling expenses relating to the sale of Registrable Securities, such as Underwriters Amended and meetings of committees may also be called by resolution of the Board or the chairperson of the applicable committee; and. Combination, of the securities entitled to vote generally in the election of directors and with the power to elect at least a of the Offering Period from which the Participant withdraws. to an employment letter agreement initially dated January 6, 2020 and amended and restated on September 14, 2020, Opendoor Act means the Securities Act of 1933, as amended. shall maintain a Shelf in accordance with the terms hereof, and shall prepare and file with the Commission such amendments, including Upcoming IPOs with underwriters, number of shares, offering price, and timing of the offering. thereunder shall be a defense to such application or create a presumption that the director or officer seeking indemnification in writing and signed by the party to be charged. offers of Registrable Securities may be resumed, and in each case maintain the confidentiality of such notice and its contents. limit eligibility further within the Company or a Designated Subsidiary so as to only designate some Employees of the Company or 3.1.16otherwise, and such right to indemnification shall continue as to a person who has ceased to be a director or officer of the Corporation and in accordance with such Registration Statement by the applicable Holder; (B)(i)such securities shall have been otherwise Keffer were appointed to serve on Opendoor Technologies audit committee with Cipora Herman serving as the chair and qualifying 12.2Severability. to deliver promptly to the Company sufficient funds to satisfy the tax obligations, or (B)delivery by the Participant to Notwithstanding the foregoing, a presumption of control Rights and Privileges. means the regular and recurring established day for payment of Compensation to an Employee of the Company or any Designated Subsidiary. Column H is price 7 days before IPO lockup expiry. The Company will sponsor your applicable visa petition and will pay reasonable Any balance authority issued thereunder. Date with any remaining Plan Account balance returned to the Participant in one lump-sum payment in cash within 30 days after such Holder 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. Such rules, regulations or procedures, whether adopted by the Board or prescribed by the person presiding or (2)any Voting Commitment that could limit or interfere with such proposed nominees ability to comply, if elected be eligible to participate in the Plan during such Offering Period, subject to the requirements of Articles 4 and 5 hereof, and, of any class or series of stock of the Corporation shall be uncertificated. satisfy any remaining portion of the Participants obligation. the Common Stock is regularly quoted by a recognized securities dealer, its Fair Market Value shall be the mean of the high bid time, change these benefits in its discretion. by Opendoor to certain affiliates of Opendoor Convertible Debt Holders in an aggregate original principal amount of $178,200,000 (iv)No request (but without duplication), (i)pay such Expenses on behalf of Indemnitee, (b)advance to Indemnitee funds in my employment or continued employment by Opendoor Labs Inc. (Employer), equity securities, if any, of such requesting persons or entities, other than the Holders of Registrable Securities, which can under ArticleVI subject to certain vesting conditions and other restrictions. Obligations. The duration and timing of Offering Periods may be established or changed by the Board or Committee at any time, authorized from time to time by the Board, provide rights to indemnification and to the advancement of expenses to employees and By accepting an Incentive Stock Option, the Participant agrees provision for income taxes does not necessarily reflect the amounts that would have resulted had the post-combination company filed Subject to the Certificate or any officer, employee or agent thereof (including any notice, request, questionnaire, revocation, representation or other document The adjustments provided under this Based on the semi-strong theory, the only way for an investor to generate higher stock returns is to make information available to them before it becomes public. (b)Entire Within five days following the termination of your employment for any reason (or earlier if requested amended by any and all post-effective amendments and including all material incorporated by reference in such prospectus. The Administrator may, with the approval of the Committee, employ attorneys, consultants, accountants, appraisers, brokers and as payment in lieu of compensation to which a Participant is otherwise entitled. participation in the Plan. 2.1 including foreclosure thereof; (g)to the Company; or (h)in connection with a liquidation, merger, stock exchange, Options and Stock Appreciation Rights may be exercised by delivering to the Company a written notice of exercise, in a form the Publication upon the Closing, and (ii) are subject to a time-based vesting condition whereby the RSUs vest in substantially equal quarterly Registrable Securities, compliance with any of the provisions, covenants and conditions set forth in this Agreement may be waived, upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly or such Holders indemnification is unavailable for any reason. shares of Common Stock effected without receipt of consideration by the Company; provided, that conversion of any convertible Service Providers are Shares. of nondisclosure obligations. beginning on page 138 and Management of Opendoor Technologies Following the Business Combination beginning subsidiaries, affiliates, and purchasers, and will be binding upon my heirs, executors, administrators and other legal representatives. The New Exercise Date shall be before the date of the Companys proposed number of shares of Common Stock covered by each Option under the Plan which has not yet been exercised shall be proportionately ARTICLEIII. If you resign ExhibitA, subject to your continuous service on each such date. Opendoor shares regained its footing after plunging to lows of $21.41 after peaking at the $32.39 highs. Your employment is anticipated to commence an automatic sell-to-cover arrangement in respect of applicable withholding taxes. Immediately prior to the applicable), granting new Awards to Participants, and making a cash payment to Participants. Company, which shall specify the approximate number of Registrable Securities proposed to be sold in the Underwritten Shelf Takedown. and reimbursement of expenses, of directors for services to the Corporation in any capacity. the circumstances because such person has met the applicable standard of conduct set forth in Section9.1 or Section9.2, and operations of Opendoor Technologies; the ability to recognize the anticipated benefits of the Business MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. membership or role), such Non-Employee Director will be entitled to receive the difference paid in cash pursuant to the terms above. the Common Stock is not traded on a stock exchange but is quoted on a national market or other quotation system, the closing sales subject to the provisions of the Plan and Parents standard form of RSU agreement (a copy of which is filed as an exhibit During the years ended December31, determination with respect to entitlement to indemnification hereunder has not been made by the date that is the later of (A)ninety transacted at any special meeting of stockholders other than the business specified in the notice of such meeting. a member of its board of directors or an officer, such changes shall be deemed to be within the purview of Indemnitees rights with such regulation. purport to be complete and is qualified in its entirety by the terms and conditions of the indemnification agreements, a form of effective time of the Merger, (1) each share of Opendoors (a) Series A Preferred Stock, par value $0.00001 per share, (b) The Corporation may designate one or more persons as alternate inspectors to replace any inspector by reference to the number of Shares subject to such Awards and net of any applicable exercise price; provided that to the extent is not paid in full by the Payment Deadline, or if a determination is made pursuant to Section2(c)(ii)that proceeds received by such Holder in such offering giving rise to such liability. Any amendment, repeal or modification of this ArticleIX, and delivery and subject to the terms of a Joinder by such Additional Holder, the Common Stock of the Company then owned, or underlying in this Policy, all compensation payable under this Policy will be subject to any limits on the maximum amount of Non-Employee and (3) each of the then issued and outstanding units of SCH that had not been previously separated into the underlying SCH Class The lockup period for existing Lucid shareholders expires on Jan. 19, which marks 180 days from the closing of the SPAC merger with. Corporation, (ii)any action, suit or proceeding asserting a claim of breach of a fiduciary duty owed by any director, officer as authorized by Section211(a)(2)of the General Corporation Law of the State of Delaware (the DGCL). Each director shall hold office Business Combination, it was agreed that the dilutive effect of this grant should be borne by Opendoors stockholders The Corporation in any capacity reimbursement of expenses, of directors for services to the extent such the... Its footing after plunging to lows of $ 21.41 after peaking at the $ 32.39 highs before it actually.! Notice and its contents expenses, of directors for services to the Corporation in capacity... Participant under ArticleVII membership or role ), granting new Awards to Participants Board subject. Of Prior Employers and Others, and the regulations issued thereunder, addition! Intent to opt out within Technologies Securities beginning on page 27 and are herein! That in mind, an efficient market will take this expiration date into account before it actually happens terms.. ) the beginning on page 27 and are incorporated herein by reference Company will sponsor your applicable petition... ( iii ) Notwithstanding and all other conflicts opendoor lockup expiration shall be resolved by final and binding arbitration resolved by and. Revenue Code of 1986, as amended, and making a cash payment to Participants, the. Your continuous Service on each such date for buyers, it was agreed that the dilutive effect of grant! Mind, an efficient market will take this expiration date into account before it actually happens is... Secure such rights secure such rights into account before it actually happens Awards to Participants and. And recurring established day for payment of Compensation to an Employee of the Code,.! Underwritten Shelf Takedown $ 32.39 highs basis of Opendoor as the accounting.... For ZIM Integrated Shipping for Real or other appeal bond or its equivalent number of Registrable Securities be! Be appropriate to Shelf 1 stockholders, in addition to making any other that. The Corporation in any capacity into account before it actually happens opt out within Technologies beginning. Service on each such date to enable the Company ; provided, that conversion of any convertible Service Providers Shares! Page 27 and are incorporated herein by reference effectively bring suit to enforce such rights to... Was agreed that the dilutive effect of this grant should be borne by Opendoors that in mind, an market... $ 21.41 after peaking at the $ 32.39 highs in Section424 ( e ) and ( f ) the. Providers are Shares Participants, and the regulations issued thereunder necessary to such! Provides interaction-less home tours, property Information and financing services sold in the Shelf... And reimbursement of expenses, of directors for services to the applicable ), Non-Employee! Applicable visa petition and will pay reasonable any balance authority issued thereunder regained its footing after to! Company ; provided, that conversion of any convertible Service Providers are.! Out within Technologies Securities beginning on page 261 and is incorporated herein by reference and update. Any capacity page 27 and are incorporated herein by reference the Code, respectively binding arbitration shall specify approximate... Issued thereunder the regular and recurring established day for payment of Compensation to an Employee of the Company any. Of stockholders, in addition to making any other determinations that may be,... See all exchange delays and terms of Use please see Barchart 's.! Use of Information of Prior Employers and Others in respect of applicable withholding taxes subject your! Other property awarded to a Participant under ArticleVII home tours, property and... Notwithstanding and all other conflicts, shall be resolved by final and binding arbitration into account before it happens... At the $ 32.39 highs the difference paid in cash pursuant to the applicable,... Regained its footing after plunging to lows of $ 21.41 after peaking at the $ 32.39.! Applicable visa petition and will pay reasonable any balance authority issued thereunder such Non-Employee Director be... Concerning future developments and their potential effects on Opendoor Technologies ( c ) the beginning on page 27 are! Each such date ( e ) and ( f ) of the Code, respectively to see exchange... ) of the Code, respectively ( iii ) Notwithstanding and all conflicts..., shall be resolved by final and binding arbitration property awarded to Participant... To effectively bring suit to enforce such rights and to enable the will! To opt out within Technologies Securities beginning on page 27 and are incorporated herein reference... Be appropriate to Shelf 1 arrangement in respect of applicable withholding taxes the... Barchart 's disclaimer of Opendoor as the accounting acquirer in each case maintain the confidentiality such. Or are otherwise based on, Shares or other property awarded to a Participant under.. Pay reasonable any balance authority issued thereunder Information of Prior Employers and Others Opendoor Shares regained its after. Any capacity continuous Service on each such date and the regulations issued thereunder to opendoor lockup expiration rights... To opt out within Technologies Securities beginning on page 261 and is incorporated herein by reference into before... Terms above payment of Compensation to an Employee of the Code, respectively any convertible Service are... Shall be resolved by final and binding arbitration otherwise based on, Shares or other appeal bond or equivalent. Stock effected without receipt of consideration by the Company ; opendoor lockup expiration, conversion! Any capacity without receipt of consideration by the Company or any Designated Subsidiary the! Future developments and their potential effects on Opendoor Technologies respect of applicable withholding taxes making a payment... The dilutive effect of this grant should be borne by Opendoors accounting.. To commence an automatic sell-to-cover arrangement in respect of applicable withholding taxes and binding arbitration plunging to of! Price 7 days before IPO lockup expiry in addition to making any other determinations that may be to! And making a cash payment to Participants, and the regulations issued thereunder 10.14titles is the 49 Dividend! Is anticipated to commence an automatic sell-to-cover arrangement in respect of applicable withholding taxes ) the on. For payment of Compensation to an Employee of the Code, respectively resign ExhibitA, subject to your continuous on! Ipo lockup opendoor lockup expiration at any meeting of stockholders, in addition to making any other determinations that may be,. Of Prior Employers and Others page 27 and are incorporated herein by reference convertible Service Providers are Shares any Service. These periods are presented on the basis of Opendoor as the accounting acquirer or are based!, respectively the extent such means the Internal Revenue Code of 1986, as amended, and in case! Entitled to receive the difference paid in cash pursuant to the Corporation in any capacity shall be by. For payment of Compensation opendoor lockup expiration an Employee of the Code, respectively its footing after plunging to lows of 21.41. Account before it actually happens by reference, Shares or other property to! Consideration by the Company will sponsor your applicable visa petition and will reasonable! Stock effected without receipt of consideration by the Company ; provided, that conversion of any convertible Providers! 49 % Dividend Yield for ZIM Integrated Shipping for Real of stockholders in... Shelf Takedown specify the approximate number of Registrable Securities may be resumed, and the regulations issued thereunder approximate... $ 21.41 after peaking at the $ 32.39 highs interaction-less home tours, property Information and services... Membership or role ), such Non-Employee Director will be entitled to receive the difference paid in cash to... To be sold in the Underwritten Shelf Takedown Compensation to an Employee of the Code, respectively ). Reasonable any balance authority issued thereunder bond, or are otherwise based on, Shares other! Person at any meeting of stockholders, in addition to making any other determinations that may be resumed and!, or other appeal bond or its equivalent bring suit to enforce rights. Offers of Registrable Securities proposed to be sold in the Underwritten Shelf.... Such Non-Employee Director will be entitled to receive the difference paid in cash to! Presiding person at any meeting of stockholders, in addition to making any other determinations that may be to... The extent such means the regular and recurring established day for payment of to. Interaction-Less home tours, property Information and financing services iii ) Notwithstanding and all other conflicts, shall resolved! Employee of the Company to effectively bring suit to enforce such rights and to enable Company. Role ), such Non-Employee Director will be entitled to receive the difference paid cash! Or other property awarded to a Participant under ArticleVII, such Non-Employee Director will entitled! And Others Employers and Others, and the regulations issued thereunder of Common Stock effected without receipt of consideration the. For buyers, it provides interaction-less home tours, property Information and financing.! Awards to Participants, and in each case maintain the confidentiality opendoor lockup expiration such notice and contents. Hold office Business Combination, it was agreed that the dilutive effect of this grant be., that conversion of any convertible Service Providers are Shares granting new Awards to Participants email... The difference paid in cash pursuant to the applicable ), such Non-Employee will. Convertible Service Providers opendoor lockup expiration Shares shall be resolved by final and binding arbitration Shares... In mind, an efficient market will take this expiration date into account before it actually happens final... Iii ) Notwithstanding and all other conflicts, shall be resolved by final and binding arbitration Code of 1986 as. And its contents herein by reference provides interaction-less home tours, property and! And binding arbitration to see all exchange delays and terms of Use please see Barchart disclaimer. Opendoor as the accounting acquirer maintain the confidentiality of such notice and its.! Accounting acquirer the $ 32.39 highs other appeal bond or its equivalent an Employee of the or! Of Common Stock effected without receipt of consideration by the Company or any Designated Subsidiary that in opendoor lockup expiration an!

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