0001654954-17-010480 Sample Contracts

REGISTRATION AND STANDSTILL AGREEMENT
Registration and Standstill Agreement • November 13th, 2017 • Insignia Systems Inc/Mn • Services-advertising • Minnesota

This Registration and Standstill Agreement, dated as of November 9, 2017 (this “Agreement”), is entered into by and among Insignia Systems, Inc., a Minnesota corporation (the “Company”), and Sardar Biglari, an individual resident of Texas (“Biglari”), The Lion Fund II, L.P., a Delaware limited partnership (“Lion Fund”), and Biglari Capital Corp., a Texas limited liability company (collectively with Biglari and Lion Fund, the “Biglari Group”).

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