ContractLock-Up and Resale Restriction Agreement • May 5th, 2020
Contract Type FiledMay 5th, 2020EX-10.4 8 exhibit104-lockxupandresal.htm EXHIBIT 10.4 LOCK-UP AND RESALE RESTRICTION AGREEMENT This lock-up and resale restriction agreement (the “Agreement”) is made and entered into as of August 21, 2017, by and among VICTORY ENERGY CORPORATION, a Nevada corporation (“Victory”), and the persons executing this Agreement (each a “Holder” and, collectively, the “Holders”). Victory and the Holders are referred to individually as a “Party” and, collectively, as the “Parties.” RECITALS A. On or about the date hereof Victory and Armacor Victory Ventures, LLC (“Armacor”), a Holder, are entering into a Transaction Agreement (the “Transaction Agreement”) pursuant to which Armacor has agreed to license to Victory certain of its intellectual property, among other things, in exchange for shares of Victory’s preferred stock. The entry by the Parties into this Agreement is a condition precedent to the closing (the “Closing”) of the transactions contemplated by the Transaction Agreement. Capitalized
LOCK-UP AND RESALE RESTRICTION AGREEMENTLock-Up and Resale Restriction Agreement • August 24th, 2017 • Victory Energy Corp • Crude petroleum & natural gas • Texas
Contract Type FiledAugust 24th, 2017 Company Industry JurisdictionThis lock-up and resale restriction agreement (the “Agreement”) is made and entered into as of August 21, 2017, by and among VICTORY ENERGY CORPORATION, a Nevada corporation (“Victory”), and the persons executing this Agreement (each a “Holder” and, collectively, the “Holders”). Victory and the Holders are referred to individually as a “Party” and, collectively, as the “Parties.”