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Re: China Green Agriculture, Inc. (the "Company")

Lockup Agreement

Re:       China Green Agriculture, Inc. (the You are currently viewing:
This Lockup Agreement involves

CHINA GREEN AGRICULTURE, INC.

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Title: Re: China Green Agriculture, Inc. (the "Company")
Date: 9/17/2009

Re:       China Green Agriculture, Inc. (the
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LOCK-UP AGREEMENT

 

July 20, 2009

 

Roth Capital Partners, LLC

24 Corporate Plaza

Newport Beach, CA 92660

 

Re:       China Green Agriculture, Inc. (the “ Company ”)

 

Ladies & Gentlemen:

 

The undersigned is an owner of record or beneficially of certain shares of common stock, par value $.001 per share, of the Company (“ Common Stock ”) or securities convertible into, exchangeable, or exercisable for Common Stock, the number of which as of the date of this Agreement is indicated on the signature page below (“ Securities ”).  The Company proposes to carry out a public offering of Common Stock (the “ Offering ”) for which you will act as the underwriter. The undersigned recognizes that the Offering will be of benefit to the undersigned. The undersigned acknowledges that you are relying on the representations and agreements of the undersigned contained in this letter in carrying out the Offering and in entering into an Underwriting Agreement (the “ Underwriting Agreement ”) with the Company with respect to the Offering.

 

In consideration of the foregoing, the undersigned hereby agrees that the undersigned will not, without the prior written consent of Roth Capital Partners, LLC (which consent may be withheld in its sole discretion), directly or indirectly, sell, offer to sell, contract to sell, or grant any option for the sale (including without limitation any short sale), grant any security interest in, pledge, hypothecate, hedge, establish an open “put equivalent position” within the meaning of Rule 16a-1(h) under the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder (collectively, the “ Exchange Act ”) or otherwise dispose of or enter into any transaction which is designed to, or could be expected to, result in the disposition (whether by actual disposition or effective economic disposition due to cash settlement or otherwise by the Company or any affiliate of the Company or any person in privity with the Company or any affiliate of the Company) of any shares of Common Stock or any Securities (collectively, a “ Disposition ”) currently or hereafter owned either of record or beneficially (as defined in Rule 13d-3 under the Exchange Act) by the undersigned, or publicly announce the undersigned’s intention to do any of the foregoing ( provided, however, that the undersigned may complete one or more gift transfers of Securities to immediate family member(s) (as defined in Item 404(a) of Regulation S-K under the Exchange Act)


 
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