Altres Group, LLC 5616 East 19th Avenue Spokane, WA 99212 Polycera Corporation 5616 East 19th Avenue Spokane, WA 99212 Re: Lock Up Agreement with Polycera Corporation Gentlemen: As part of the sale of the shares of Common Stock of Polycera Corporation...Lock Up Agreement • January 7th, 2000 • Polycera Corp/Wa
As part of the sale of the shares of Common Stock of Polycera 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, $.001 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 Section 7(b)(3) of the Securities Act of 1933, as amended.
