Form of Lock-up AgreementFitell Corp • October 7th, 2022 • Sporting & athletic goods, nec • New York
The undersigned, a [director][officer][shareholder holding more than 5% shares of the total outstanding shares] of Fitell Corporation, a Cayman Islands company (the “Company”) prior to the closing of Offering (as defined below) of the Company, understands that Revere Securities, LLC, as representative of the several Underwriters of the Offering (the “Underwriter”) will act as an underwriter to carry out an offering (the “Offering”) of the Company’s ordinary shares (the “Securities”). In recognition of the benefit that the Offering will confer upon the undersigned, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned agrees with the Underwriter that, without the prior written consent of the Underwriter, during a period of up to six months from the date on which the trading of the Securities on the NASDAQ Stock Exchange commences (the “Lock-Up Period”), the undersigned will not, without the prior written consent of t
SHARE EXCHANGE AGREEMENTShare Exchange Agreement • October 7th, 2022 • Fitell Corp • Sporting & athletic goods, nec
NOW THEREFORE, in consideration of the foregoing and the respective representations, warranties, covenants and agreements set forth herein, and intending to be legally bound hereby, the Parties agree as follows:
