Back to top

LOCK UP AGREEMENT

Lockup Agreement

LOCK UP AGREEMENT | Document Parties: HELIX WIND, CORP. | Darrieus Development Corp | Helix Wind, Corp You are currently viewing:
This Lockup Agreement involves

HELIX WIND, CORP. | Darrieus Development Corp | Helix Wind, Corp

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: LOCK UP AGREEMENT
Date: 9/3/2009

LOCK UP AGREEMENT, Parties: helix wind  corp. , darrieus development corp , helix wind  corp
50 of the Top 250 law firms use our Products every day

EXHIBIT 10.3

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


 
SITE SEARCH

AGREEMENTS / CONTRACTS

Document Title:

Entire Document: (optional)

Governing Law:(optional)


Try our advanced search >>
 

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates
Email:
This is only a partial view of this document. We have millions of legal documents and clauses drafted by top law firms. learn more search for free browse for free learn more