Common use of PROVISIONS APPLICABLE TO SHARES Clause in Contracts

PROVISIONS APPLICABLE TO SHARES. The Company and the undersigned hereby acknowledge and represent that: (a) A copy of this Lock-up Agreement will be available from the Company or its transfer agent upon request and without charge and a copy of this Lock-Up Agreement may be filed with the Securities Commissions of various states, including, without limitation, any state securities commission requiring its availability. (b) A typed legend will be placed on the reverse side of each stock certificate representing the Common Stock covered by the Lock-up Agreement which states that the sale or transfer of the shares evidenced by the certificate is subject to certain restrictions pursuant to an agreement between the shareholder (whether beneficial or of record) and Argent, which agreement is on file with the Company and the Company's stock transfer agent from whom a copy is available, upon request and without charge. (c) The terms and conditions of this Lock-up Agreement can only be modified (including premature termination thereof), upon the written consent of Argent and the prior approval of any state securities commission which requires such consent. (d) Stop transfer instructions will be placed with the transfer agent against all shares of the Company's Common Stock subject to the restrictions contained in paragraph A(1) of this Lock-up Agreement. Notwithstanding the foregoing, shares subject to this Lock-Up Agreement may be transferred by the transfer agent when shares are accompanied by an opinion of company counsel certifying that such transfer is a permitted transfer. (e) This Lock-Up Letter Agreement shall terminate and be of no force and effect if it, or any of Argent's rights and obligations hereunder, are assigned to any third party by Argent. 4 If this agreement is acceptable to Argent, please sign the form of acceptance below and deliver one of the counterparts hereof to me. This will become a binding agreement between us upon execution by each of the parties hereto.

PROVISIONS APPLICABLE TO SHARES. The Company and the undersigned hereby acknowledge and represent that: (a) A copy of this Lock-up Agreement will be available from the Company or its transfer agent upon request and without charge and a copy of this Lock-Up Agreement may be filed with the Securities Commissions of various states, including, without limitation, any state securities commission requiring its availability. (b) A typed legend will be placed on the reverse side of each stock certificate representing the Common Stock covered by the Lock-up Agreement which states that the sale or transfer of the shares evidenced by the certificate is subject to certain restrictions pursuant to an agreement between the shareholder (whether beneficial or of record) and Argent, which agreement is on file with the Company and the Company's stock transfer agent from whom a copy is available, upon request and without charge. (c) The terms and conditions of this Lock-up Agreement can only be modified (including premature termination thereof), upon the written consent of Argent and the prior approval of any state securities commission which requires such consent. (d) Stop transfer instructions will be placed with the transfer agent against all shares of the Company's Common Stock subject to the restrictions contained in paragraph A(1) of this Lock-up Agreement. Notwithstanding the foregoing, shares subject to this Lock-Up Agreement may be transferred by the transfer agent when shares are accompanied by an opinion of company counsel certifying that such transfer is a permitted transfer. (e) This Lock-Up Letter Agreement shall terminate and be of no force and effect if it, or any of Argent's rights and obligations hereunder, are assigned to any third party by Argent. (f) With regard to V. Lynn Xxxxxxxx, xxe Chairman of the Board and Chief Executive Officer of the Company, the afore-referenced lock-up provisions, to which Mr. Xxxxxxxx xxxld be subject, will be terminated after the termination of Mr. Xxxxxxxx'x Xxxloyment Agreement, unless such Agreement is otherwise extended. 4 If this agreement is acceptable to Argent, please sign the form of acceptance below and deliver one of the counterparts hereof to me. This will become a binding agreement between us upon execution by each of the parties hereto.

PROVISIONS APPLICABLE TO SHARES. The Company and the undersigned hereby acknowledge and represent that: (a) A copy of this Lock-up Agreement will be available from the Company or its transfer agent upon request and without charge and a copy of this Lock-Up Agreement may be filed with the Securities Commissions of various states, including, without limitation, any state securities commission requiring its availability. (b) A typed legend will be placed on the reverse side of each stock certificate representing the Common Stock covered by the Lock-up Agreement which states that the sale or transfer of the shares evidenced by the certificate is subject to certain restrictions pursuant to an agreement between the shareholder (whether beneficial or of record) and ArgentJ.P. Xxxxxx, which xxich agreement is on file with the Company and the Company's stock transfer agent from whom a copy is available, upon request and without charge. (c) The terms and conditions of this Lock-up Agreement can only be modified (including premature termination thereof), upon the written consent of Argent and J.P. Xxxxxx xxx the prior approval of any state securities commission which requires such consent. (d) Stop transfer instructions will be placed with the transfer agent against all shares of the Company's Common Stock subject to the restrictions contained in paragraph A(1) of this Lock-up Agreement. Notwithstanding the foregoing, shares subject to this Lock-Up Agreement may be transferred by the transfer agent when shares are accompanied by an opinion of company counsel certifying that such transfer is a permitted transfer. (e) This Lock-Up Letter Agreement shall terminate and be of no force and effect if it, or any of Argent's rights J.P. Xxxxxx'x xxxhts and obligations hereunder, are assigned to any third party by ArgentJ.P. Xxxxxx. 4 If this agreement is acceptable to ArgentJ.P. Xxxxxx, please xxease sign the form of acceptance below and deliver one of the counterparts hereof to me. This will become a binding agreement between us upon execution by each of the parties hereto. Very truly yours, --------------------------------------- --------------------------------------- (Number of Shares Beneficially Owned) AGREED to and ACCEPTED this ____ day of August, 1997.

PROVISIONS APPLICABLE TO SHARES. The Company and the undersigned hereby acknowledge and represent that: (a) A copy of this Lock-up Agreement will be available from the Company or its transfer agent upon request and without charge and a copy of this Lock-Up Agreement may be filed with the Securities Commissions of various states, including, without limitation, any state securities commission requiring its availability. (b) A typed legend will be placed on the reverse side of each stock certificate representing the Common Stock covered by the Lock-up Agreement which states that the sale or transfer of the shares evidenced by the certificate is subject to certain restrictions pursuant to an agreement between the shareholder (whether beneficial or of record) and ArgentJ.P. Xxxxxx, which xxich agreement is on file with the Company and the Company's stock transfer agent from whom a copy is available, upon request and without charge. (c) The terms and conditions of this Lock-up Agreement can only be modified (including premature termination thereof), upon the written consent of Argent and J.P. Xxxxxx xxx the prior approval of any state securities commission which requires such consent. (d) Stop transfer instructions will be placed with the transfer agent against all shares of the Company's Common Stock subject to the restrictions contained in paragraph A(1) of this Lock-up Agreement. Notwithstanding the foregoing, shares subject to this Lock-Up Agreement may be transferred by the transfer agent when shares are accompanied by an opinion of company counsel certifying that such transfer is a permitted transfer. (e) This Lock-Up Letter Agreement shall terminate and be of no force and effect if it, or any of Argent's rights J.P. Xxxxxx'x xxxhts and obligations hereunder, are assigned to any third party by ArgentJ.P. Xxxxxx. (f) With regard to V. Lynn Xxxxxxxx, xxe Chairman of the Board and Chief Executive Officer of the Company, the afore-referenced lock-up provisions, to which Mr. Xxxxxxxx xxxld be subject, will be terminated after the termination of Mr. Xxxxxxxx'x Xxxloyment Agreement, unless such Agreement is otherwise extended. 4 If this agreement is acceptable to ArgentJ.P. Xxxxxx, please xxease sign the form of acceptance below and deliver one of the counterparts hereof to me. This will become a binding agreement between us upon execution by each of the parties hereto. Very truly yours, --------------------------------------- V. Lynn Xxxxxxxx --------------------------------------- (Number of Shares Beneficially Owned) AGREED to and ACCEPTED this ____ day of August, 1997.