Common Contracts

2 similar Lock-Up and Resale Restriction Agreement contracts by Victory Energy Corp

Contract
Lock-Up and Resale Restriction Agreement • May 5th, 2020

EX-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

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LOCK-UP AND RESALE RESTRICTION AGREEMENT
Lock-Up and Resale Restriction Agreement • August 24th, 2017 • Victory Energy Corp • Crude petroleum & natural gas • Texas

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.”

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