Cheap Stock Escrow" definition

Cheap Stock Escrow" means the "cheap stock" escrow with the Commissioner of Commerce for the State of Minnesota covering certain shares of the Company's common stock including 160,000 of the Shares, and the "MJK Lock-up" means a certain lock-up arrangement with ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. The Former Executive acknowledges his understanding that the decision to release the Shares from the Cheap Stock Escrow and the MJK Lock-up are solely within the discretion of the Minnesota Commissioner of Commerce and ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc., respectively, and that the Company has no control or influence over such discretionary decisions.