EXHIBIT 4.42 LOCK-UP AND WAIVER AGREEMENT October 15, 2000 Insynq, Inc. 1101 Broadway Plaza Tacoma, Washington 98402 Attention: John P. Gorst Ladies and Gentlemen: The undersigned understands that Insynq, Inc., a Delaware corporation (the "Company"),...Lock-Up and Waiver Agreement • December 14th, 2000 • Insynq Inc • Services-miscellaneous amusement & recreation
The undersigned understands that Insynq, Inc., a Delaware corporation (the "Company"), in connection with agreements it is negotiating to sell $3 million of convertible debentures and up to $10 million shares of its Common Stock, $0.001 par value ("Common Stock") to certain purchasers thereunder (the "Purchasers"), is planning to register shares of Common Stock to be purchased by the Purchasers and certain other shares of Common Stock pursuant to a Registration Statement on form SB-2 (the "Registration Statement"). The undersigned further understands that the failure to sign this Lock-up Agreement and Waiver will result in the failure of the transactions with the Purchasers to close and, consequently, the inability of the Company to continue its operations
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