Security Holder Acknowledgment Sample Contracts

Exhibit 1 SECURITY HOLDER ACKNOWLEDGMENT The undersigned, pursuant to Section 5.12 of the Underwriting Agreement between HLM Design, Inc. (the "Company") and Berthel Fisher & Company Financial Services, Inc. ("Berthel"), Westport Resources Investment...
Security Holder Acknowledgment • June 22nd, 1998 • Brannon Vernon B • Services-engineering, accounting, research, management

The undersigned, pursuant to Section 5.12 of the Underwriting Agreement between HLM Design, Inc. (the "Company") and Berthel Fisher & Company Financial Services, Inc. ("Berthel"), Westport Resources Investment Services, Inc. ("Westport") and Marion Bass Securities Corporation ("Marion Bass") (Westport and Marion Bass together with Berthel, the "Managers"), of even date herewith, being all of the officers, directors, or employees of the Company who individually own 5% or more of shares of the Company (based on the number of shares outstanding as of the date hereof) agree and acknowledge that they shall not directly or indirectly offer or sell to the public, or privately, any portion of the shares of common stock of the Company owned by such persons prior to the date of the Underwriting Agreement or hereafter acquire by exercise of an option, for a period of twelve months from the date of the Underwriting Agreement without the prior written consent of Berthel. the undersigned acknowledge

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