February 5, 2007
February
5, 2007
VIA
U.S. MAIL
Xxxxx
Xxxxxxx
Freedom
Financial Holdings, Inc.
0000
Xxxxxxxxxxx Xxx, Xxxxx X
Xxxx
Xxxxx, Xxxxxxx 00000
Dear
Xx.
Xxxxxxx:
I
am a
shareholder of Freedom Financial
Holdings, Inc., a Maryland corporation (the “Company”). I am the holder of
______ (___) shares of common stock of the Company (the “Shares”). I hereby
agree that for a period of three hundred sixty (360) days after the effective
date of the registration statement on Form SB-2 relating to the public offering
of common stock of the Company contemplated to be filed within the next thirty
(30) days (the “Effective Date”), I will not, directly or indirectly, offer,
sell, grant any options to purchase, or otherwise dispose of any shares of
Company Common Stock without your prior written consent, except I may transfer
any number of such shares to my children, by gift or otherwise, provided that
any such shares will continue to be subject to the restrictions set forth in
this letter.
I
hereby
consent to the Company informing the transfer agent of the Company of these
restrictions and understand that a stop transfer order will be placed at the
transfer agent to enforce the terms and conditions of this letter. Further,
I
consent to the placement of a legend on the certificate as set
forth:
“THESE
SHARES ARE RESTRICTED BY A LETTER AGREEMENT DATED AS OF FEBRUARY 5, 2007, A
COPY
OF WHICH IS ON FILE WITH THE SECRETARY OF THE COMPANY.”
This
agreement shall be binding on the undersigned and its respective successors,
heirs, personal representatives, and assigns.
Very
truly yours,
___________________________________
