1
EXHIBIT 1.03
EXHIBIT 1.03 (a)
(Form Lock-up Agreement)
December __, 1997
Capital West Securities, Inc.
00xx Xxxxx,
Xxx Xxxxxxxxxx Xxxxxx
000 X. Xxxxxxxx
Xxxxxxxx Xxxx, XX 00000
Re: Public Offering of Common Stock ("Common Stock"), of Grand
Adventures Tour & Travel Publishing Corporation. (the "Company")
Gentlemen:
Pursuant to Section 2(t) of the Underwriting Agreement, dated December
__,1997 (the "Underwriting Agreement"), by and among you and the Company, the
undersigned (a holder of Common Stock) hereby agrees not to sell, contract to
sell, transfer or otherwise dispose of any shares of Common Stock without the
prior written consent of Capital West Securities, Inc. for a period of 12
months after the date of the initial public offering of the Common Stock.
All communications to you hereunder shall be sent to the address set
forth above, attention: Xxxxxx X. XxXxxxxx.
Sincerely,
---------------------------------
[Officer's Name]
2
EXHIBIT 1.03 (b)
(Form Lock-up Agreement)
December __, 1997
Capital West Securities, Inc.
00xx Xxxxx,
Xxx Xxxxxxxxxx Xxxxxx
000 X. Xxxxxxxx
Xxxxxxxx Xxxx, XX 00000
Re: Public Offering of Common Stock ("Common Stock"), of Grand
Adventures Tour & Travel Publishing Corporation. (the "Company")
Gentlemen:
Pursuant to Section 2(t) of the Underwriting Agreement, dated December
__,1997 (the "Underwriting Agreement"), by and among you and the Company, the
undersigned (a holder of Common Stock) hereby agrees not to sell, contract to
sell, transfer or otherwise dispose of any shares of Common Stock without the
prior written consent of Capital West Securities, Inc. for a period of 24
months after the date of the initial public offering of the Common Stock unless
the trading price of the Common Stock of the Company is equal to or greater
than 115% of the registered offering price for 20 consecutive trading days, at
which time the undersigned may sell up to 2,000 shares of Common Stock per
month during the second 12 month period and subject to the limitations of Rule
144. To the extend the undersigned does not sell in any given month, the full
number of shares of Common Stock permitted hereunder, such unsold amount shall
be available for sale in subsequent months without regard to any other sales.
All communications to you hereunder shall be sent to the address set
forth above, attention: Xxxxxx X. XxXxxxxx.
Sincerely,
---------------------------------
Xxxxxxx X'Xxxxx
3
EXHIBIT 1.03 (c)
(Form Lock-up Agreement)
December __, 1997
Capital West Securities, Inc.
00xx Xxxxx,
Xxx Xxxxxxxxxx Xxxxxx
000 X. Xxxxxxxx
Xxxxxxxx Xxxx, XX 00000
Re: Public Offering of Common Stock ("Common Stock"), of Grand
Adventures Tour & Travel Publishing Corporation. (the "Company")
Gentlemen:
Pursuant to Section 2(t) of the Underwriting Agreement, dated December
__,1997 (the "Underwriting Agreement"), by and among you and the Company, the
undersigned (a holder of Common Stock) hereby agrees not to sell, contract to
sell, transfer or otherwise dispose of any shares of Common Stock without the
prior written consent of Capital West Securities, Inc. for a period of 24
months after the date of the initial public offering of the Common Stock unless
the trading price of the Common Stock of the Company is equal to or greater
than 115% of the registered offering price for 20 consecutive trading days, at
which time the undersigned may sell up to 1,000 shares of Common Stock per
month during the second 12 month period and subject to the limitations of Rule
144. To the extend the undersigned does not sell in any given month, the full
number of shares of Common Stock permitted hereunder, such unsold amount shall
be available for sale in subsequent months without regard to any other sales.
All communications to you hereunder shall be sent to the address set
forth above, attention: Xxxxxx X. XxXxxxxx.
Sincerely,
---------------------------------
[Xxx Xxxx ][Xxxxxx Xxxxxxx]
