XXXX-XX XXXXXXXXX
Xxxxxxxx 00, 0000
XXXX Enterprises, Inc.
00000 X. 00xx Xxx
Xxxxxxxxxx, Xxxxxxx 00000
Xxxxx Business Systems, Inc.
00000 Xxxxxx Xxxx, Xxxxx X
Xxxxxxxx, Xxxxx 00000
Gentlemen:
The undersigned understands that EBIZ Enterprises, Inc., a Nevada
corporation ("EBIZ"), Xxxxx Business Systems, Inc., a Texas corporation
("JBSI"), and JBSI Acquisition, Inc., a Texas corporation ("Merger Sub") have
entered into an Agreement and Plan of Merger dated November 17, 2000 (the
"Merger Agreement") pursuant to which EBIZ will acquire all of the outstanding
capital stock and equity interests of JBSI by means of a merger (the "Merger")
of JBSI and Merger Sub.
In consideration of JBSI entering into the Merger Agreement and
consummating the Merger, and for other good and valuable consideration, the
receipt of which is hereby acknowledged, the undersigned hereby confirms,
covenants and agrees for the benefit of EBIZ and JBSI that for a period of one
year from the Closing Date (as defined in the Merger Agreement), he will not
offer, sell, contract to sell, grant any option to sell, transfer or otherwise
dispose of, directly or indirectly, shares of the Common Stock of EBIZ,
including any other securities that are convertible into or exercisable or
exchangeable for or that represent a right to purchase or receive, Common Stock
of EBIZ ("EBIZ Common Stock") in an amount in excess of 25% per quarter of such
one year period, of the number of shares of EBIZ Common Stock the undersigned
would be permitted to sell pursuant to Rule 144 of the Securities Act of 1933,
as amended.
The undersigned acknowledges and agrees that the covenants and
agreements set forth herein supersede, to the extent of the subject matter
hereof, the provisions of any agreements or instruments defining the rights of
the undersigned with respect to any shares of EBIZ Common Stock beneficially
owned or controlled by the undersigned.
Very truly yours,
/s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Address:
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Xxxxxxx X. and Xxxxxxx X. Xxxxxx Trust
By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx,
Title: Trustee
Address:
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/s/ Xxxxx Xxxxxxx
Name: Xxxxx Xxxxxxx
Address:
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/s/ Xxxx Xxxxxxx
Name: Xxxx Xxxxxxx
Address:
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/s/ Xxxxx Xxxxxx
Name: Xxxxx Xxxxxx
Address:
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/s/ Xxxx Xxxxxx
Name: Xxxx Xxxxxx
Address:
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/s/ Xxx Xxxxx
Name: Xxx Xxxxx
Address:
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/s/ Xxxx Xxxxxxxxx
Name: Xxxx Xxxxxxxxx
Address:
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/s/ Xxxxxxx X. Xxxxxxxxx
Name: Xxxxxxx X. Xxxxxxxxx
Address:
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