Exhibit 10.1


 


LOCK-UP AGREEMENT


 


[__________], 2015


 


Cambridge Capital Acquisition Corporation


525 South Flagler Drive, Suite 201


West Palm Beach, Florida 33401


 


Ladies and Gentlemen:


 


In connection with the Agreement
and Plan of Reorganization (the “Merger Agreement”), dated as of September __, 2015, by and among Cambridge Capital
Acquisition Corporation (“Cambridge”), Cambridge Holdco Corp. (“Holdco”), Ability Computer & Software
Industries Ltd. (the “Company”), and each of the persons or entities listed under the caption “Signing Securityholders”
on the signature page thereto, to induce the parties to consummate the transactions contemplated by the Merger Agreement, the undersigned
agrees not to, either directly or indirectly, during the “Restricted Period” (as hereinafter defined):


 


		(1)	sell or offer or contract to sell or offer, grant any option or warrant for the sale of, assign,
transfer, pledge, hypothecate, or otherwise encumber or dispose of (all being referred to as a “Transfer”) any legal
or beneficial interest in any Holdco Shares (as defined in the Merger Agreement), issued to the undersigned in connection with
the Merger Agreement (the “Restricted Securities”); for the avoidance of doubt, if any shares of Holdco are acquired
by the undersigned after the Closing Date in any open-market transaction, such shares shall not be deemed a “Restricted Security”
hereunder,



 


		(2)	enter into any swap or any other agreement or any transaction that transfers, in whole or in part,
directly or indirectly, the economic consequence of ownership of any of the Restricted Securities, whether such swap transaction
is to be settled by delivery of any Restricted Securities or other securities of any person, in cash or otherwise, or



 


		(3)	publicly disclose the intention to make any offer, sale, pledge or disposition, or to enter into
any transaction, swap, hedge or other arrangement relating to any of the Restricted Securities (it being understood that the foregoing
shall not prohibit the undersigned from making any such disclosure to the undersigned’s existing or potential shareholders,
members, partners, Affiliates, general partners, directors, officers, employees or partners, and their respective shareholders,
members, partners, Affiliates, general partners, directors, officers, employees or partners, in each case on a confidential basis).



 






     


     

    

  


As used herein, “Restricted Period”
means the period commencing on the Closing Date (as defined in the Merger Agreement) and ending two years from the end of the full
fiscal year in which Closing occurs.


 


[Notwithstanding the foregoing
limitations, this Lock-Up Agreement will not prevent any Transfer of up to ten percent (10%) of the Restricted Securities during
the Restricted Period subject to the provisions of Section 103C(9) of the Income Tax Ordinance (New Version), 5721-1961 of the
laws of the State of Israel.]1


 


Nothing in this Lock-Up
Agreement shall prevent the establishment by the undersigned of any contract, instruction or plan (a “Plan”) that satisfies
all of the requirements of Rule 10b5-1(c)(1)(i)(B) under the Securities Exchange Act of 1934, as amended; provided that it shall
be a condition to the establishment of any such Plan that no sales of the Company’s share capital shall be made pursuant
to such a plan prior to the expiration of the Restricted Period; and provided, further, such a Plan may only be established if
no public announcement of the establishment or the existence thereof, and no filing with the U.S. Securities and Exchange Commission
or any other regulatory authority shall be required or shall be made voluntarily by the undersigned, the Company or any other person,
prior to the expiration of the Restricted Period.


 


[Also notwithstanding the
foregoing limitations, in the event the undersigned is an entity rather than an individual, this Lock-Up Agreement will not prevent
any Transfer of any or all of the Restricted Securities to the shareholders, members or partners of such entity; provided, however,
that in each and any such event it shall be a condition to the Transfer that the transferee execute an agreement stating that the
transferee is receiving and holding the Restricted Securities subject to the provisions of this Lock-Up Agreement.


 


Any of the Restricted Securities
subject to this Lock-Up Agreement may be released, from time to time, in whole or part from the terms hereof upon the consent
of a majority of the members of the Board of Directors of Holdco who were members of the Board of Directors of Cambridge prior
to consummation of the Merger Agreement.]2


 


The undersigned hereby authorizes
Holdco’s transfer agent to apply to any certificates representing Restricted Securities issued to the undersigned the appropriate
legend to reflect the existence and general terms of this Lock-up Agreement.


 


This Lock-Up Agreement shall
automatically terminate and be of no further force or effect upon the earlier to occur of (i) the termination of the Merger Agreement
and (ii) the first Business Day (as defined in the Merger Agreement) following the expiration of the Restricted Period[;and as
otherwise permitted by the ITA.]3


 


This Lock-up Agreement
will be legally binding on the undersigned and on the undersigned’s successors and permitted assigns, and is executed as
an instrument governed by the law of New York.


 


 






1
Only in the Lock-up Agreement with Gordon Family 2007 Trust.


2
Excluded from the Lock-up Agreement with Gordon Family 2007 Trust.


3
Only in the Lock-up Agreement with Gordon Family 2007 Trust.






 



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[Signature page follows]


 






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SIGNATURE PAGE TO THE LOCK-UP AGREEMENT


 





	________________________________	 	 
	Signature	 	 
	 	 	 
	Name:___________________________	 	 
	 	 	 
	Address:_________________________	 	 
	 	 	 
	________________________________	 	 






 




 


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