LOCKUP AGREEMENT BETWEEN JAMES CRANE AND THE COMPANY

Lockup Agreement

You are currently viewing:

This Lockup Agreement involves

PLANETLINK COMMUNICATIONS INC | PlanetLink Communications, Inc

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.

Title: LOCKUP AGREEMENT BETWEEN JAMES CRANE AND THE COMPANY
Date: 9/19/2007
Industry: Personal Services Sector: Services

EXHIBIT 10.2

LOCKUP AGREEMENT

This LOCKUP AGREEMENT is made as of the 18th day of September 2007, by James Crane (the “Holder”), in connection with his ownership of shares of common stock of PlanetLink Communications, Inc. (the “Company”).

NOW, THEREFORE, for good and valuable consideration, the sufficiency and receipt of which consideration are hereby acknowledged, Holder agrees as follows:

Background . As of August 29, 2007 and on September 18, 2007, Holder is the beneficial owner of or entitled to receive 1,375,000,000 shares of common stock of the Company (“Common Stock”).

Share Restriction . Holder hereby agrees that, until February 28, 2008, Holder will not sell or otherwise dispose of any shares of the Common Stock that the Holder owns as of the date hereof other than in connection with an offer made to all shareholders of the Company or in the event of any merger, consolidation or similar transaction involving the Company.

Additionally, the Holder agrees not to engage in any hedging or other transaction or arrangement that is designed to, or wh

SITE SEARCH

AGREEMENTS / CONTRACTS

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates