VOTING AGREEMENT
000
Xxxxxxx Xxxxx, Xxxxx 000
Xxx
Xxxxxxx, Xxxxx 00000
Gentlemen:
The
undersigned stockholder of Argyle Security Acquisition Corporation (“Company”),
in order to facilitate an initial public offering of the securities of the
Company (“IPO”), hereby agrees that if the Company solicits approval of its
stockholders of a Business Combination, the undersigned will vote all of
the
shares of the Company’s common stock acquired by the undersigned (i) in the IPO,
(ii) upon the exercise of options currently held by the undersigned and (iii)
in
the aftermarket, in favor of the Business Combination and therefore waives
any
redemption rights with respect to such shares. As used herein, a “Business
Combination” shall mean an acquisition by merger, capital stock exchange, asset
or stock acquisition, reorganization or otherwise, of one or more operating
businesses in the security industry selected by the Company, and “IPO Shares”
shall mean the shares of the Company’s common stock issued in the
IPO.
Xxxx X. Xxxxx | |
Xxxxxx
Xxxxx
|