IPO Lock-Up Agreements

I just have a quick question regarding lock-up agreements.

My prior employer required that I complete a lockup agreement prior to the IPO. The company's shares began trading in the secondary market on 11/2/05. The agreement is 180 days from that date.

So, my question is can I trade the shares on 5/1/06 (11/2/05 + 180 days) or 5/2/06 (11/2/05 + 181 days)?

I just don't need any heartache from the SEC or underwriters.

Thanks.

General rule about contract law:

If it says something clearly, that’s what it is. If it says 180 days, it’s 180 days. If it says six months, it’s six months.

Thanks, the agreement is 180 days. It is set to expire ON 5/1/06, which to me says I can begin trading on 5/1/06.

I just wanted to make sure there was not some obscure rule that the "expiration" is as of 11:59 pm EST on 5/1/06.

Thanks.

You are very welcome.