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LOCK UP AGREEMENT

Lockup Agreement

LOCK UP AGREEMENT | Document Parties: COBALIS CORP | Capital Partners, LP You are currently viewing:
This Lockup Agreement involves

COBALIS CORP | Capital Partners, LP

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Title: LOCK UP AGREEMENT
Date: 12/27/2006
Industry: Biotechnology and Drugs     Sector: Healthcare

LOCK UP AGREEMENT, Parties: cobalis corp , capital partners  lp
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Exhibit 10.11

 

LOCK UP AGREEMENT

 

The undersigned hereby agrees that for a period commencing on December 20, 2006 and expiring on the date thirty (30) days after the date that all amounts owed to Cornell Capital Partners, LP (the “ Buyer ”), under the Secured Convertible Debentures issued to the Buyer pursuant to the Securities Purchase Agreement between Cobalis Corporation (the “ Company ”) and the Buyer dated December 20, 2006 have been paid (the “ Lock-up Period ”), he, she or it will not, directly or indirectly, without the prior written consent of the Buyer, issue, offer, agree or offer to sell, sell, grant an option for the purchase or sale of, transfer, pledge, as


 
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