Common Contracts

LOCK-UP AND LEAK OUT AGREEMENT

Lock-Up and Leak Out Agreement • January 19th, 2022 • VDA GROUP S.p.A. • Auto controls for regulating residential & comml environments • New York

• Contract Type
  Lock-Up and Leak Out Agreement
• Filed
  January 19th, 2022
• Company
  VDA GROUP S.p.A.
• Industry
  Auto controls for regulating residential & comml environments
• Jurisdiction
  New York

This LOCK-UP AND LEAK-OUT AGREEMENT (the “Agreement”) is made as of January 7, 2022 (the “Effective Date”) by and between Telkonet, Inc., a Utah corporation, (the “Company”), and VDA Group, S.p.A., an Italian joint stock company (“VDA” or the “Shareholder”). Capitalized terms used but not otherwise defined herein, and the term “control,” shall have the meanings set forth in the Purchase Agreement (as defined below).

LOCK-UP AND LEAK OUT AGREEMENT

Lock-Up and Leak Out Agreement • August 16th, 2021 • VDA GROUP S.p.A. • Auto controls for regulating residential & comml environments • New York

• Contract Type
  Lock-Up and Leak Out Agreement
• Filed
  August 16th, 2021
• Company
  VDA GROUP S.p.A.
• Industry
  Auto controls for regulating residential & comml environments
• Jurisdiction
  New York

This LOCK-UP AND LEAK-OUT AGREEMENT (the “Agreement”) is made as of ______,[1] 2021 (the “Effective Date”) by and between Telkonet, Inc., a Utah corporation, (the “Company”), and the person or entity listed on the signature page hereof as a shareholder (the “Shareholder”). Capitalized terms used but not otherwise defined herein, and the term “control,” shall have the meanings set forth in the Purchase Agreement (as defined below).