AGREEMENT between TPG CAPITAL CORPORATION ("TPG") and ABBACY CORPORATION ("Abbacy"). WHEREAS Abbacy is a development stage company that has no specific business plan and intends to merge, acquire or otherwise combine with an unidentified company (the...Agreement • October 15th, 1999 • Abbacy Corp • Non-operating establishments
TPG CAPITAL CORPORATION 1504 R Street, NW Washington, D.C. October 13, 1999Abbacy Corp • October 15th, 1999 • Non-operating establishments
As part of the sale of the shares of Common Stock of Abbaccy Corporation (the "Company") to the undersigned (the "Holder"), the Holder hereby represents, warrants, covenants and agrees, for the benefit of the Company and any 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, acquisition or other transaction by the Company resulting in the Company no longer being classified as a blank check company as defined in the registration statement of the Company filed on Form 10-SB.
