LOCK UP
AGREEMENT
THIS LOCK UP AGREEMENT (this
“Agreement”) is made and entered into by ______________
GmbH, a German corporation (the “Seller”) and the day
and year last below written.
Reference is hereby made to that
certain Stock Purchase Agreement (the “Purchase
Agreement”), dated even date herewith, by and among Darrieus
Development Corp., a ______ corporation (“Purchaser”),
Helix Wind, Corp., a Nevada corporation (“Helix”),
Venco Power GmbH, a German company (“Venco”), and the
sellers indicated therein (collectively, “Sellers”)
pursuant to which, among other things, Purchaser will purchase all
of the outstanding shares of capital stock of Venco (the
“Transaction”). As partial consideration
therefor, Sellers will receive shares of common stock, par value
$0.0001 per share, of Helix (the
“Shares”). Capitalized terms used and not
otherwise defined herein shall have the meanings ascribed to them
in the Purchase Agreement.
Pursuant to the Purchase Agreement, and in
recognition of the benefit that the Transaction will confer upon
the undersigned, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the
undersigned hereby covenants and agrees that during the period
commencing on ______ [the date hereof] and expiring on ______ [the
second ann