NEMUS BIOSCIENCE, INC.Nemus Bioscience, Inc. • August 21st, 2015 • Trucking (no local) • New York
This Lock-Up Agreement is being delivered to you in connection with the Securities Purchase Agreement (the "Purchase Agreement"), dated as of August 19, 2015 by and among Nemus Bioscience, Inc. (the "Company") and the investors party thereto (the "Buyers"), with respect to the issuance of (i) shares of Series B Convertible Preferred Stock of the Company, par value $0.001 per share, which will be convertible into shares of common stock of the Company, par value $0.001 per share (the "Common Stock") pursuant to the terms of the Certificate of Designations, Preferences and Rights of Series B Convertible Preferred Stock and (ii) Warrants which will be exercisable to purchase Common Stock. Capitalized terms used herein and not otherwise defined herein shall have the respective meanings set forth in the Purchase Agreement.
