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FORM OF LOCK-UP AGREEMENT

Lockup Agreement

FORM OF LOCK-UP AGREEMENT | Document Parties: WIFIMED HOLDINGS COMPANY, INC. You are currently viewing:
This Lockup Agreement involves

WIFIMED HOLDINGS COMPANY, INC.

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Title: FORM OF LOCK-UP AGREEMENT
Governing Law: New York     Date: 12/6/2007

FORM OF LOCK-UP AGREEMENT, Parties: wifimed holdings company  inc.
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Exhibit 10.4

EXHIBIT G

FORM OF LOCK-UP AGREEMENT

November __, 2007

Each Purchaser referenced below:

Re:       Securities Purchase Agreement, dated as of November 30, 2007 (the "Purchase Agreement "), between Wifimed Holdings Company, Inc., a Nevada corporation (the " Company ") and the purchasers signatory thereto (each, a " Purchaser " and, collectively, the " Purchasers ")

Ladies and Gentlemen:

Defined terms not otherwise defined in this letter agreement (the " Letter Agreement ") shall have the meanings set forth in the Purchase Agreement.  Pursuant to Section 2.2(a) of the Purchase Agreement and in satisfaction of a condition of the Company's obligations under the Purchase Agreement, the undersigned irrevocably agrees with the Company that, from the date hereof until 90 calendar days after the Effective Date (such period, the " Restriction Period "), the undersigned will not offer, sell,  contract to sell, hypothecate, pledge or otherwise dispose of (or enter into any transaction which is designed to, or might reasonably be expected to, result in the disposition (whether by actual disposition or effective economic disposition due to cash settlement or otherwise) by the undersigned or any Affiliate of the undersigned or any person in privity with the undersigned or any Affiliate of the undersigned), directly or indirectly, including the filing (or participation in the filing) of a registration statement with the Commission in respect of, or establish or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the Exchange Act with respect to, any shares of Common Stock or Common Stock Equivalents beneficially owned, held or hereafter acquired by the undersigned (the " Securities ").  Beneficial ownership shall be calculated in accordance with Section 13(d) of the Exchange Act.  In order to enforce this covenant, the Company shall impose irrevocable stop-transfer instructions preventing the Transfer Agent from effecting any actions in violation of this Letter Agreement.

The undersigned acknowledges that the execution, delivery and performance of this Letter Agreement is a material inducement to each Purchaser to complete the transactions contemplated by the Purchase Agreement and that each Purchaser (which shall be a third party beneficiary of this Letter Agreement) and the Company sh



 
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