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LOCK UP
AGREEMENT
THIS LOCK UP
AGREEMENT (this “Agreement”) is made and entered into
by Abundant Renewable Energy, LLC, an Oregon limited liability
company (“ARE”).
Reference is
hereby made to that certain Asset Purchase Agreement (the
“Purchase Agreement”), dated even date herewith, by and
among Helix Wind, Corp., Helix Wind, Inc., ARE, Renewable Energy
Engineering, LLC and Robert W. Preus and Helen M.
Hull. 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 contemplated by the Purchase Agreement 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 12-month
anniversary of the date hereof (the “Lock-up Period”)
the undersigned shall not, directly or indirectly, without the
prior written consent of Helix, issue, of
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