Exhibit 10.3

LOCK-UP AGREEMENT

THIS LOCK-UP AGREEMENT (the “Agreement”) is between Plan A Promotions, Inc., a
Utah corporation (the “Company”), and the undersigned person or entity listed on
the Counterpart Signature Page hereof, sometimes referred to herein as the
“Shareholder.”  For all purposes of this Agreement, “Shareholder” includes any
“affiliate, controlling person of Shareholder, agent, representative or other
person with whom Shareholder is acting in concert.

WHEREAS, it is intended that the shares of common stock of the Company covered
by this Agreement shall only include the common stock currently owned by the
Shareholder and represented by the stock certificate (or any successor stock
certificate issued on the transfer of such stock certificate) described on the
Counterpart Signature Page hereof (the “Common Stock”);

NOW, THEREFORE, in consideration of the foregoing premises and the mutual
covenants contained herein, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

1.           For the period beginning on June [__], 2011 and continuing for a
period of one hundred eighty day (180) Days thereafter, Shareholder agrees that
he/she/it will not sell, pledge, hypothecate, transfer, assign, or in any manner
dispose of the shares of Common Stock.  An appropriate legend describing this
Agreement shall be imprinted on each stock certificate representing Common Stock
covered hereby, and the transfer records of the Company’s transfer agent shall
reflect such restriction.  The legend to be imprinted on the stock certificates
shall be in the form as follows:

“The shares represented by this certificate are subject to a Lock-Up Agreement
dated the [__] day of June, 2011, restricting the sale, transfer or assignment
of the shares. Any transfer or acquisition in violation of that Lock-Up
Agreement is null and void.”

2.           Notwithstanding anything to the contrary set forth herein, the
Company may, in its sole discretion, at any time and from time to time, waive
any of the conditions or restrictions contained herein to increase the liquidity
of the Common Stock or if such waiver would otherwise be in the best interests
of the development of the trading market for the Common Stock.  Unless otherwise
agreed, all such waivers shall be pro rata, as to all Shareholders who have
executed a Lock-Up Agreement with the exact terms as stated in this Lock-Up
Agreement.

3.           Notwithstanding anything contained in this Agreement, Shareholder
may transfer his shares of Common Stock provided that the transferee executes an
agreement to be bound by all of the terms and conditions of this Agreement and
such transfer otherwise complies with applicable securities laws.

 
 

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4.           In the event of: (a) a completed tender offer to purchase all or
substantially all of the Company’s issued and outstanding securities; or (b) a
merger, consolidation or other reorganization of the Company with or into an
unaffiliated entity, then this Agreement shall terminate as of the closing of
such event, and the Common Stock restricted pursuant hereto shall be released
from such restrictions.

5.           Except as otherwise provided in this Agreement or any other
agreements between the parties, the Shareholder shall be entitled to their
respective beneficial rights of ownership of the Common Stock, including the
right to vote the Common Stock for any and all purposes.

6.           This Agreement may be executed in any number of counterparts with
the same force and effect as if all parties had executed the same document.

7.           All notices, instructions or other communications required or
permitted to be given pursuant to this Agreement shall be given in writing and
delivered by certified mail, return receipt requested, overnight delivery or
hand-delivered to all parties to this Agreement, to the Company, at 9 Birchtree
Lane, Sandy, UT 84092, and to the Shareholder, at the address in the Counterpart
Signature Page.  All notices shall be deemed to be given on the same day if
delivered by hand or on the following business day if sent by overnight delivery
or the second business day following the date of mailing.

8.           The resale restrictions on the Common Stock set forth in this
Agreement shall be in addition to all other restrictions on transfer imposed by
applicable United States and state securities laws, rules and regulations.

9.           The Company or the Shareholder who fails to fully adhere to the
terms and conditions of this Agreement shall be liable to every other party for
any damages suffered by any party by reason of any such breach of the terms and
conditions hereof.  The Shareholder agrees that in the event of a breach of any
of the terms and conditions of this Agreement by the Shareholder, that in
addition to all other remedies that may be available in law or in equity to the
non-defaulting parties, a preliminary and permanent injunction, without bond or
surety, and an order of a court requiring such Shareholder to cease and desist
from violating the terms and conditions of this Agreement and specifically
requiring the Shareholder to perform his/her/its obligations hereunder is fair
and reasonable by reason of the inability of the parties to this Agreement to
presently determine the type, extent or amount of damages that the Company or
any the non-defaulting Shareholder may suffer as a result of any breach or
continuation thereof.

10.           This Agreement sets forth the entire understanding of the parties
hereto with respect to the subject matter hereof, and may not be amended except
by a written instrument executed by the parties hereto and approved by a
majority of the members of the Board of Directors of the Company.

 
 

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11.           This Agreement shall be governed by and construed in accordance
with the laws of the State of Utah applicable to contracts entered into and to
be performed wholly within said State.

12.           In the event of default hereunder, the non-defaulting parties
shall be entitled to recover reasonable attorney’s fees incurred in the
enforcement of this Agreement.

IN WITNESS WHEREOF, the undersigned have duly executed and delivered this
Agreement as of the day and year first above written.

     
PLAN A PROMOTIONS, INC.
       
Date: _______________.
By_______________________________________
     
Name_____________________________________
 
Title______________________________________

 
 
 
 
 

 
 
 

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LOCK-UP/LEAK-OUT AGREEMENT
COUNTERPART SIGNATURE PAGE

This Counterpart Signature Page for that certain Lock-Up/Leak-Out Agreement (the
“Agreement”) effective as of the latest signature date hereof, among Plan A
Promotions, Inc., a Utah corporation (the “Company”); and the undersigned, by
which the undersigned, through execution and delivery of this Counterpart
Signature Page, intends to be legally bound by the terms of the Agreement, as a
Shareholder, of the number of shares of the Company set forth below and
represented by the stock certificate described below.

 
______________________________________________
 
(Name)
     
______________________________________________
 
(Street Address)
     
______________________________________________
 
(City and State)
     
______________________________________________
 
(Stock Certificate No. and Number of Shares)
     
______________________________________________
 
(Date)
         
By____________________________________________
 
(Signature) (Representative Capacity, if Applicable)
         
Its_____________________________________________

 
 
 

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