Chatsworth Acquisition Corporation 1504 R Street, NW Washington, D.C. December 15, 1997 Cassidy & Associates 1504 R Street, N.W. Washington, D.C. 20009 Re: Lock Up Agreement with Chatsworth Acquisition Corporation Gentlemen: As part of the sale of the...Lock Up Agreement • February 11th, 1998 • Chatsworth Acquisition Corp
Contract Type FiledFebruary 11th, 1998 CompanyAs part of the sale of the shares of Common Stock of Chatsworth Acquisition Corporation (the "Company") to the undersigned (the "Holder"), the Holder hereby represents, warrants, covenants and agrees, for the benefit of the Company and the holders of record (the "third party beneficiaries") of the Company's outstanding securities, including the Company's Common Stock, $.0001 par value (the "Stock") at the date hereof and during the pendency of this letter agreement that the Holder will not transfer, sell, contract to sell, devise, gift, assign, pledge, hypothecate, distribute or grant any option to purchase or otherwise dispose of, directly or indirectly, its shares of Stock of the Company owned beneficially or otherwise by the Holder except in connection with or following completion of a merger or acquisition by the Company and the Company is no longer classified as a blank check company as defined in Section 7(b)(3) of the Securities Act of 1933, as amended.