0000950147-02-000840 Sample Contracts

DAVID B. STOCKER 4745 North Seventh Street Suite 234 Phoenix, Arizona 85014 May 1, 2002
Lock-Up Agreement • July 3rd, 2002 • Practical Plastics Inc

In consideration of the transfer of 9,900,000 shares of Common Stock representing the controlling interest in Practical Plastics, Inc., formerly known as Magic Stories, Inc. (the "Company") to Jonathan A. Firestein, and Mr. Firestein's assumption of the $9,500 promissory note payable to the Company, 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, for a period of two years from the date of this Agreement.

AutoNDA by SimpleDocs
RECITALS
Escrow Agreement • July 3rd, 2002 • Practical Plastics Inc • Arizona
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!