Agreement Letter Restricting Transfer of Ownership Interests in Highland Equity LLC, Fieldpoint Capital, LLC, and Ivy Healthcare Capital II, L.P.
This agreement, dated August 27, 2007, is between the undersigned parties and Highlands Acquisition Corp. The parties agree not to transfer their ownership interests in Highland Equity LLC, Fieldpoint Capital, LLC, and Ivy Healthcare Capital II, L.P. to anyone except the founders of Highlands Acquisition Corp. or entities controlled by those founders. This restriction remains in place until the transfer restrictions on the company's securities, as described in its IPO registration statement and escrow agreement, are lifted.
Exhibit 10.18
August 27, 2007
Highlands Acquisition Corp.
One Paragon Drive, Suite 125
Montvale, New Jersey 07645
Ladies and Gentlemen:
Each of the undersigned agrees that it will not transfer its ownership interests in Highland Equity LLC, Fieldpoint Capital, LLC and Ivy Healthcare Capital II, L.P. to anyone other than the founders of Highlands Acquisition Corp. (“Company”) or entities of which such founders are the beneficial owners, or beneficiaries, of until the transfer restrictions (as more fully described in the Company’s Registration Statement relating to its initial public offering and in the Escrow Agreement filed as an exhibit to such Registration Statement) relating to the Company’s securities held by Highland Equity LLC, Fieldpoint Capital, LLC and Ivy Healthcare Capital II, L.P. are removed.
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