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Biotech / Medical : Stayhealthy.com: Monitoring your wellness on the Web -- Ignore unavailable to you. Want to Upgrade?

To: waldemar cyranski who wrote (899)	8/28/2000 6:53:32 PM
From: Eric Fader	Read Replies (1) \| Respond to of 3785

Waldy - Paragraph 2.9 of the Registration Rights Agreement executed by all purchasers of Stayhealthy's Series A and Series B Preferred shares (the paragraph heading is "'Market Stand-Off' Agreement") provides that a holder of Series A or Series B shares may be prohibited from selling his or her stock for up to 180 days after the date of the IPO prospectus. It will be up to the managing underwriter whether to shorten that period. Lately, some companies are persuading their underwriters to allow people to sell at least some of their lockup shares after 90 days, and perhaps Stay will be able to negotiate this for us. -Eric