EXHIBIT 10.3 WILTEX A, INC. 1191 Woodstock, Suite #5 Estes Park, Colorado 80517 May 15, 2002 Charles Michael Jones Re: Lock-Up Agreement with Wiltex A, Inc. Mr. Jones: In consideration of the sale to the holder by Wiltex A, Inc., (the "Company") of...Lock-Up Agreement • May 22nd, 2002 • Wiltex a Inc
In consideration of the sale to the holder by Wiltex A, Inc., (the "Company") of its common stock ($.001 par value), the undersigned holder warrants, covenants and agrees for the benefit of the Company not to sell, offer to sell, solicit an offer to buy, contract to sell, make any short sale, pledge, grant, grant any option to purchase, or otherwise transfer or dispose of, any shares of common stock, or any securities convertible into or exercisable or exchangeable for common stock, owned directly or beneficially by the undersigned or with respect to which the undersigned has the power of disposition, except in connection with or following a completed merger or acquisition by the Company and the Company is no longer classified as a blank check company pursuant to Section 7 (b) (3) of the Securities Act of 1933, as amended.
