Exhibit 10.52
CLEARVIEW CINEMA GROUP, INC.
FORM OF LOCK-UP AGREEMENT
July 21, 1997
PRIME CHARTER LTD.
000 Xxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Ladies and Gentlemen:
The undersigned has been advised that Prime Charter Ltd., as
Representative of the several Underwriters, proposes to enter into an
Underwriting Agreement with Clearview Cinema Group, Inc., a Delaware corporation
(the "Company"), with respect to the initial public offering (the "Offering") of
shares of the common stock, $.01 par value, of the Company (the "Common Stock").
In consideration of the Underwriters' agreement to purchase shares of the Common
Stock and to participate in the Offering, and for other good and valuable
consideration, the undersigned hereby irrevocably agrees that the undersigned
will not, directly or indirectly, without the prior written consent of Prime
Charter Ltd., for a period of one year after the date of the Prospectus relating
to the Offering sell, offer to sell, solicit an offer to buy, contract to sell,
pledge, grant any option for the sale of, or otherwise transfer or dispose of,
or cause the transfer or disposition of, any shares of Common Stock or any
securities convertible into or exchangeable or exercisable for any shares of
Common Stock or exercise any registration rights, whether held by the
undersigned on the date hereof or hereafter acquired, with respect to any shares
of Common Stock or any securities convertible into or exchangeable or
exercisable for any shares of Common Stock. Prior to the expiration of such
one-year period, the undersigned will not announce or disclose any intention to
do anything after the expiration of such period which the undersigned is
prohibited, as provided in the preceding sentence, from doing during such
period.
The undersigned agrees that the provisions of this agreement
shall be binding also upon the successors, assigns, heirs and personal
representatives of the undersigned.
In furtherance of the foregoing, the Company and Bank of New
York, the Company's transfer agent and registrar, are hereby authorized to
decline to make any transfer of securities if such transfer would constitute a
violation or breach of this agreement. This agreement shall lapse and become
null and void if the Underwriting Agreement has not been signed by September 1,
1997.
Very truly yours,
--------------------------
Name:
Schedule of Lock-up Agreements
Shareholder
-----------
A. Xxxx Xxxx
CMNY Capital II, L.P.
CMCO, Inc.
Xxxxxx X. Xxxxxxxx
Xxxxx X. Xxxxx
Xxxx Xxx
Xxxxx Xxx
