1
EXHIBIT 4.1
LOCK-UP AGREEMENT (FORM)
2
LUMINEX LIGHTING, INC.
LOCK-UP AGREEMENT
___________________, 1998
Platinum Equities, Inc.
00 Xxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
Re: Luminex Lighting, Inc. - Lock-Up Agreement
Dear Sirs:
The undersigned is an officer, director, and/or securityholder of
Luminex Lighting, Inc. (the "Company").
1. The undersigned represents and warrants to you that the
undersigned does not own or have the right or option to acquire any securities
of the Company, whether from the Company or any other person, except as set
forth below.
2. The undersigned understands that the Company has filed a
registration statement (the "Registration Statement") on Form SB-2 with the
Securities and Exchange Commission (Registration No. 333-_____) with respect to
the sale by the Company of up to 500,000 shares of Common Stock and up to
500,000 Warrants (the "Securities") on a "best efforts" basis. Such Securities
and any other securities of the Company sold pursuant to the Registration
Statement, either in addition to or in lieu of such Securities, are referred to
herein as the "Offered Securities." The undersigned further understands that the
Company and Platinum Equities, Inc. (the "Underwriter") intend to enter into an
underwriting agreement (the "Underwriting Agreement") in connection with the
public offering of the Offered Securities (the "Public Offering").
3. In order to induce the Company and the Underwriter to enter into
the Underwriting Agreement and to proceed with the Public Offering, the
undersigned agrees, for the benefit of the Company and the Underwriter, that the
undersigned will not, without the prior consent of the Underwriter, during the
12 month period immediately following the final closing of the Public Offering,
offer, pledge, sell (which term includes a short sale or sale against the box),
contract to sell, grant an option for the sale of, or otherwise transfer or
dispose of, directly or indirectly, any securities of the Company, or any
securities convertible or exchangeable into the securities of the Company (e.g.,
warrants, options, convertible notes or convertible preferred stock)
("Derivative Securities"), owned by the undersigned as of the date thereof.
The number of shares of Common Stock and Derivative Securities to
which this Agreement relates is set forth below.
Very truly yours,
___________________________________
By:
___________________________________
Printed name of person/entity
___________________________________
Title if applicable
___________________________________
___________________________________
___________________________________
Address
1
