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LOCK-UP AGREEMENT

Lockup Agreement

LOCK-UP AGREEMENT | Document Parties: Sunrise Securities Corporation | Dendo Global Corp. You are currently viewing:
This Lockup Agreement involves

Sunrise Securities Corporation | Dendo Global Corp.

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Title: LOCK-UP AGREEMENT
Governing Law: New York     Date: 8/27/2004

LOCK-UP AGREEMENT, Parties: sunrise securities corporation , dendo global corp.
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                                                                       EXHIBIT K

 

                                LOCK-UP AGREEMENT

 

                                                                  August 20, 2004

 

Sunrise Securities Corporation,

         as Placement Agent

 

The Buyers as set forth in

Schedule A hereto

 

Re:       Dendo Global Corp.

 

Ladies and Gentlemen:

 

      The undersigned   understands that certain Buyers (as therein defined) have

entered into a Securities Purchase Agreement (the "PURCHASE   AGREEMENT"),   dated

as of August __, 2004,   with Dendo Global   Corp.,   a Nevada   corporation   (to be

renamed   TechAlt,   Inc.) (the "COMPANY")   providing for the sale (the "SALE") by

the Company of certain   Preferred   Shares,   Warrants and   Additional   Investment

Rights (as such terms are defined in the   Purchase   Agreement)   of the   Company.

Capitalized   terms used herein and not otherwise defined shall have the meanings

set forth in the Purchase Agreement.

 

      In   consideration   of the   Buyers'   agreement   to purchase   the   Preferred

Shares,   Warrants   and   Additional   Investment   Rights,   and for other   good and

valuable consideration receipt of which is hereby acknowledged,   the undersigned

hereby agrees that, without the prior written consent of Buyers   representing at

least a majority in interest of all Buyers, the undersigned will not, during the

period from the date of this   Agreement   through   (and   including)   the later to

occur   of (a) the date   that is 180   days   after   the   Closing   Date and (b) the

Effective Date (as defined in the   Registration   Rights   Agreement,   dated as of

August __,   2004,   among the Company and the Buyers (as therein   defined))   (the

"LOCK-UP TERMINATION DATE"), (1) offer, pledge, sell, contract to sell, sell any

option or contract to purchase,   purchase any option or contract to sell,   grant

any option,   right or warrant to purchase,   or otherwise transfer or dispose of,

directly   or   indirectly,    any   shares   of   Common   Stock,   or   any   securities

conve


 
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