Exhibit 10.1 -- Shareholder Agreement Doreen E. Zimmerman 3415 Ocatillo Mesa Way North Las Vegas, Nevada 89031 August 17, 2005 Hair Therapists, Inc. 3415 Ocatillo Mesa Way North Las Vegas, NV 89031 Re: Shareholder Agreement with Hair Therapists, Inc....Hair Therapists, Inc. • September 6th, 2005
In consideration of the sale of the shares of Common Stock of Hair Therapists, Inc. (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, $0.001 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, her 230,000 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 of or by the Company meeting the definition of a business combination as defined in the Company's registration statement on Form 10-SB or otherwise comply
