Common Contracts

2 similar Reverse Merger Lock-Up Agreement contracts by Creative Solutions With Art, Inc.

CREATIVE SOLUTIONS WITH ART, INC. 32C Hadley Village Road South Hadley, Massachusetts 01075 (413) 532-4838
Reverse Merger Lock-Up Agreement • June 30th, 2005 • Creative Solutions With Art, Inc. • Services-management consulting services

Creative Solutions with Art, Inc. (the "COMPANY") plans to enter into a reverse merger transaction (the "REVERSE MERGER") with GlobalOptions, Inc., a privately-held risk mitigation and security firm ("GLOBALOPTIONS"), concurrently with a private placement of a minimum of $7,500,000 of Units, each Unit consisting of one share of series A convertible preferred stock and a warrant to purchase 125 shares of common stock (the "FUNDING TRANSACTIONS") of the Company. At the closing of the Funding Transactions, the Company will succeed to and operate the business of GlobalOptions under the current management of GlobalOptions. We currently expect to close these Funding Transactions on or around June 22, 2005.

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May __, 2005 To the Holders of GlobalOptions Common Stock and other Securities: RE: REVERSE MERGER LOCK-UP AGREEMENT -------------------------------- Ladies and Gentlemen: GlobalOptions, Inc. (the "COMPANY") plans to enter into a reverse merger...
Reverse Merger Lock-Up Agreement • June 30th, 2005 • Creative Solutions With Art, Inc. • Services-management consulting services

GlobalOptions, Inc. (the "COMPANY") plans to enter into a reverse merger transaction (the "REVERSE MERGER") with a publicly-traded company, concurrently with a private placement by the publicly-traded company of a minimum of $7,500,000 of Units, each Unit consisting of one share of series A convertible preferred stock and a warrant to purchase 125 shares of common stock (the "FUNDING TRANSACTIONS"). The publicly-traded company, which is called "PUBCO" for purposes of this lock-up agreement, will then succeed to and operate the business of the Company under the current management of the Company. We currently expect to close these Funding Transactions on or around May 18, 2005. Pubco is not identified at this time due to securities regulations regarding "insider" knowledge of upcoming transactions involving publicly-traded securities.

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