SHARE LOCK-UP AND ESCROW AGREEMENTShare Lock-Up and Escrow Agreement • June 18th, 2004 • Laser Recording Systems Inc • Services-computer integrated systems design • New York
THIS SHARE LOCK-UP AND ESCROW AGREEMENT (this “Agreement”) is made and entered into as of the 16th day of April 2004 by and among Raice Paykin & Krieg LLP (the “Escrow Agent”), Laser Recording Systems Inc., a New Jersey corporation (“Laser”), SCL Ventures Ltd., a British Virgin Islands company (“SCL”), certain shareholders of Laser signatory hereto (the “Laser Signatory Shareholders”), A. Giordano Family Limited Partnership (the “Family Partnership”) having various partners including Anthony Giordano, EPG Limited, a limited liability company organized under the laws of the British Virgin Islands (“EPG”) having various members including Anthony Giordano, and Anthony Giordano (“Mr. Giordano” and together with Family Partnership and EPG, the “SCL Investors”).
