EXHIBIT 10.2 Common Stock Lock-up Agreement ------------------------------ The Board of Directors Vicon Industries, Inc. (the "Company") I, Kenneth M. Darby (hereinafter "Darby"), in consideration of the Company's entering into a new Employment...Common Stock Lock-Up Agreement • November 16th, 2006 • Vicon Industries Inc /Ny/ • Communications equipment, nec
I, Kenneth M. Darby (hereinafter "Darby"), in consideration of the Company's entering into a new Employment Agreement dated November 10, 2006 with Darby, hereby agree that for a period from the date hereof to September 30, 2008 (the "Lock-up Period"), Darby will not, without the prior consent of a majority of the Board of Directors (1) directly or indirectly, issue, offer, agree to sell or sell any of his currently owned 320,000 shares of Vicon Industries, Inc. Common Stock (par value $.01) to any person; or (2) enter into any swap or similar agreement that transfers, in whole or in part, the economic risk of ownership of the Common Stock of the Company; except that Darby may use shares owned by Darby to exercise stock options under any Vicon Stock Option Plan and Darby may sell shares subject to the provisions of the Securities and Exchange Commission Rule 144 for Officers and Directors up to a maximum of 50,000 shares in each year of the two year lock-up period (for a total of 100,00
Common Stock Lock-Up AgreementCommon Stock Lock-Up Agreement • September 8th, 2021 • Nexgel, Inc. • Surgical & medical instruments & apparatus • New York
