Shareholder Lock-Up Agreement Among Executive Board Members and Major Shareholders of Exmovere Holdings, Inc.
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Summary
This agreement is between Exmovere Holdings, Inc., its executive board members, and all shareholders holding at least 5% of the company's shares. The parties agree to enter into a lock-up agreement for at least 12 months, starting from the day before the company's shares begin trading on the Deutsche Boerse. During this period, they are prohibited from selling, transferring, or otherwise disposing of their shares. The agreement ensures stability in the company's shareholding during its initial public trading period.
EX-10.2 3 exmo_ex102.htm SHAREHOLDER LOCK-UP AGREEMENT exmo_ex102.htm
EXHIBIT 10.2
JOINT STATEMENT BY EXECUTIVE BOARD MEMBERS AND MAIN SHAREHOLDERS
OF EXMOVERE HOLDINGS, INC.
The undersigned, representing all the members of Board of Directors and all shareholders that hold with a minimum of five percent (5%) of all the authorized and issued shares of the Exmovere Holdings, Inc.(the “Company”) do hereby agree and undertake that:
| 1. | In anticipation of a successful listing of the Company’s shares on the Deutsche Boerse, each of the undersigned agrees that he shall in good faith, take all reasonable steps and do all things necessary to enter into a Lock-up Agreement for a period of not less than twelve (12) months (the “Lock-up Period). The effective date of the Lock-up Period shall begin at midnight on the day prior to the first day of trading on the exchange; |
| 2. | The undersigned acknowledge and understand that a Lock-up Agreement prohibits, among other things, the entering into agreement, agreement in principal, letter of intent or any other agreement or understanding that does or might reasonably expect to result in the offer to sell, contract to sell, assign, transfer or dispose of any share from the period commencing on the first day of trading on the Deutsche Boerse and continuing until the first anniversary of the first day of trading. |
| 3. | This Joint Statement by Executive Board Members and Main Shareholders may be executed in counterparts, each of which shall constitute an original, and all of which, together shall constitute one document |
IN WITNESS WHEREOF, the undersigned do affix their signatures below:
/s/ David Bychkov | Date: | June 25, 2010 | ||
Mr. David Bychkov, Chairman | | |||
| | |||
/s/ Cheyenne Crow | Date: | July 2, 2010 | ||
Mr. Cheyenne Crow, Director | ||||
/s/ Robert Doornick | Date: | June 14, 2010 | ||
Mr. Robert Doornick, Director | ||||
/s/ William D. Heath | Date: | June 16, 2010 | ||
Mr. William “Bill” Heath, Director | ||||
/s/ Joseph Batty | Date: | June 14, 2010 | ||
Mr. Joseph Batty, Director | ||||
Date: | ||||
[Name] |