Document:

Exhibit
      10.31

    

    

    STOCKHOLDER
      LOCK-UP AGREEMENT

     

    This
      Stockholder Lock-Up Agreement (the “Agreement”)
      is
      made effective as of the 31st
      day of
      March, 2006, by and among Trulite, Inc., a Delaware corporation (the
“Company”),
      and
      the holders of shares of the Company’s common stock (“Common
      Stock”)
      listed
      on Schedule “A” hereto
      (each, a “Stockholder”
and
      collectively, the “Stockholders”).

    

     

    RECITALS

     

    WHEREAS,
      the Company and the Stockholders anticipate raising additional equity
      investments in the Company in the future; and

     

    WHEREAS,
      in order to induce future investors in the Company (“Investors”)
      to
      invest funds in the Company, the Stockholders and the Company hereby agree
      that
      this Agreement shall govern the rights of the Stockholders to enter into
      transactions with respect to the equity securities of the Company as set forth
      herein.

     

    NOW,
      THEREFORE, in consideration of the mutual promises and covenants set forth
      herein, the parties hereto further agree as follows:

     

    TERMS

     

    1.
      Lock-Up
      Agreement. 

     

    (a)
      Each
      Stockholder hereby agrees that it will not, without the prior written consent
      of
      the Company or the managing underwriter, if any, during the period commencing
      on
      the date of the final prospectus relating to a public offering of the Company’s
      equity securities and ending on the date specified by the Company or the
      managing underwriter, if any (such period not to exceed three hundred sixty-five
      (365) days), (i) lend, offer, pledge, sell, contract to sell, sell any
      option or contract to purchase, purchase any option or contract to sell, grant
      any option, right or warrant to purchase, or otherwise transfer or dispose
      of,
      directly or indirectly, any shares of Common Stock or any securities convertible
      into or exercisable or exchangeable for Common Stock (whether such shares or
      any
      such securities are then owned by the Stockholder or are thereafter acquired),
      or (ii) enter into any swap or other arrangement that transfers to another,
      in whole or in part, any of the economic consequences of ownership of the Common
      Stock, whether any such transaction described in clause (i) or (ii) above
      is to be settled by delivery of Common Stock or other securities, in cash or
      otherwise. The underwriters, if any, in connection with any such offering of
      the
      Company’s equity securities and the Investors are intended third-party
      beneficiaries of this Section 1 and shall have the right, power and
      authority to enforce the provisions hereof as though they were a party hereto.
      Each Stockholder further agrees to execute such agreements as may be reasonably
      requested by the Company or such underwriters, if any, that are consistent
      with
      this Section 1 or that are necessary to give further effect thereto.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (b)
      In
      order to enforce the foregoing covenant, the Company may impose stop-transfer
      instructions with respect to the Common Stock of each Stockholder (and the
      shares or securities of every other person subject to the foregoing restriction)
      until the end of such period.

     

    (c)
      Each
      Stockholder agrees that a legend reading substantially as follows shall
be
      placed
      on all certificates representing all equity securities of each
      Stockholder:

     

    “THE
      SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A LOCK-UP PERIOD
      AFTER
      THE EFFECTIVE DATE OF THE ISSUER’S REGISTRATION STATEMENT FILED UNDER THE ACT,
      AS AMENDED, AS SET FORTH IN AN AGREEMENT BETWEEN THE COMPANY AND THE ORIGINAL
      HOLDER OF THESE SECURITIES, A COPY OF WHICH MAY BE OBTAINED AT THE ISSUER’S
      PRINCIPAL OFFICE. SUCH LOCK-UP PERIOD IS BINDING ON TRANSFEREES OF THESE
      SHARES.”

    

    2.
      Miscellaneous.

     

    (a)
      Successors
      and Assigns.
      Except
      as otherwise provided herein, the terms and conditions of this Agreement shall
      inure to the benefit of and be binding upon the respective successors and
      assigns of the parties (including transferees of any shares of Common Stock).
      Nothing in this Agreement, express or implied, is intended to confer upon any
      party other than the parties hereto or their respective successors and assigns
      any rights, remedies, obligations or liabilities under or by reason of this
      Agreement, except as expressly provided in this Agreement.

     

    (b)
      Choice
      of Law, Venue and Forum.
      This
      Agreement, the entire relationship of the parties hereto, and any litigation
      between the parties (whether grounded in contract, tort, statute, law or equity)
      shall be governed by, construed in accordance with, and interpreted pursuant
      to
      the laws of the State of Texas, without giving effect to its choice of laws
      principles. Exclusive venue for any litigation between the parties hereto shall
      be in Harris County, Texas, and shall be brought in the State District Courts
      of
      Harris County, Texas, or in the United States District Court for the Southern
      District of Texas, Houston Division. The parties hereto waive any challenge
      to
      personal jurisdiction or venue (including without limitation a challenge based
      on inconvenience) in Harris County, Texas, and specifically consent to the
      jurisdiction of the State District Courts of Harris County and the United States
      District Court for the Southern District of Texas, Houston
      Division.

     

    (c)
      Counterparts.
      This
      Agreement may be executed in two or more counterparts, each of which shall
      be
      deemed an original, but all of which together shall constitute one and the
      same
      instrument.

     

    (d)
      Titles
      and Subtitles.
      The
      titles and subtitles used in this Agreement are used for convenience only and
      are not to be considered in construing or interpreting this
      Agreement.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (e)
      Notices.
      All
      notices and other communications given or made pursuant hereto shall be in
      writing and shall be deemed effectively given: (i) upon personal delivery
      to the party to be notified, (ii) when sent by confirmed electronic mail or
      facsimile if sent during normal business hours of the recipient; if not, then
      on
      the next business day, (iii) five (5) days after having been sent by
      registered or certified mail, return receipt requested, postage prepaid, or
      (iv) one (1) day after deposit with a nationally recognized overnight
      courier, specifying next day delivery, with written verification of receipt.
      All
      communications shall be sent to the respective parties at the addresses set
      forth in the record books of the Company (or at such other addresses as shall
      be
      specified by notice given in accordance with this
      Section 2(e)).

     

    (f)
      Entire
      Agreement; Amendments and Waivers.
      This
      Agreement (including the Exhibits hereto, if any) constitutes the full and
      entire understanding and agreement among the parties with regard to the subjects
      hereof and thereof. Any term of this Agreement may be amended and the observance
      of any term of this Agreement may be waived (either generally or in a particular
      instance and either retroactively or prospectively) only with the written
      consent of the Company and all of the Stockholders. 

     

    (g)
      Severability.
      If one
      or more provisions of this Agreement are held to be unenforceable under
      applicable law, such provision(s) shall be excluded from this Agreement and
      the
      balance of the Agreement shall be interpreted as if such provision(s) were
      so
      excluded and shall be enforceable in accordance with its terms.

     

    (h)
      Additional
      Stockholders.
      Notwithstanding anything to the contrary contained herein, no consent shall
      be
      necessary to add additional Stockholders as signatories to this
      Agreement.

     

     

    [Signature
      Page Follows]

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    IN
      WITNESS WHEREOF, the parties have executed this Stockholder Lock-Up Agreement
      effective as of the date first above written.

     

     

    
      	
              COMPANY:

              

              Trulite,
                Inc.

              (a
                Delaware corporation)

              

              

              By:
                

              
                

              

              John
                Sifonis, President

              

              Address:  
                Three
                Riverway

              Suite
                1700

              Houston,
                Texas 77056-1948

               

              

              STOCKHOLDER: 

              

              Name:
                J.
                Kevin Shurtleff

              

              By:
                

              
                

              

              

              Its:
                ________________

              

              Address:
                573
                East 950 North

              Orem,
                UT 84097Exhibit
      10.32

    

    STOCKHOLDER
      LOCK-UP AGREEMENT

     

    This
      Stockholder Lock-Up Agreement (the “Agreement”)
      is
      made effective as of the 31st
      day of
      March, 2006, by and among Trulite, Inc., a Delaware corporation (the
“Company”),
      and
      the holders of shares of the Company’s common stock (“Common
      Stock”)
      listed
      on Schedule “A” hereto
      (each, a “Stockholder”
and
      collectively, the “Stockholders”).

    

     

    RECITALS

     

    WHEREAS,
      the Company and the Stockholders anticipate raising additional equity
      investments in the Company in the future; and

     

    WHEREAS,
      in order to induce future investors in the Company (“Investors”)
      to
      invest funds in the Company, the Stockholders and the Company hereby agree
      that
      this Agreement shall govern the rights of the Stockholders to enter into
      transactions with respect to the equity securities of the Company as set forth
      herein.

     

    NOW,
      THEREFORE, in consideration of the mutual promises and covenants set forth
      herein, the parties hereto further agree as follows:

     

     

    TERMS

     

    1.
      Lock-Up
      Agreement. 

     

    (a)
      Each
      Stockholder hereby agrees that it will not, without the prior written consent
      of
      the Company or the managing underwriter, if any, during the period commencing
      on
      the date of the final prospectus relating to a public offering of the Company’s
      equity securities and ending on the date specified by the Company or the
      managing underwriter, if any (such period not to exceed three hundred sixty-five
      (365) days), (i) lend, offer, pledge, sell, contract to sell, sell any
      option or contract to purchase, purchase any option or contract to sell, grant
      any option, right or warrant to purchase, or otherwise transfer or dispose
      of,
      directly or indirectly, any shares of Common Stock or any securities convertible
      into or exercisable or exchangeable for Common Stock (whether such shares or
      any
      such securities are then owned by the Stockholder or are thereafter acquired),
      or (ii) enter into any swap or other arrangement that transfers to another,
      in whole or in part, any of the economic consequences of ownership of the Common
      Stock, whether any such transaction described in clause (i) or (ii) above
      is to be settled by delivery of Common Stock or other securities, in cash or
      otherwise. The underwriters, if any, in connection with any such offering of
      the
      Company’s equity securities and the Investors are intended third-party
      beneficiaries of this Section 1 and shall have the right, power and
      authority to enforce the provisions hereof as though they were a party hereto.
      Each Stockholder further agrees to execute such agreements as may be reasonably
      requested by the Company or such underwriters, if any, that are consistent
      with
      this Section 1 or that are necessary to give further effect thereto.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

     

    (b)
      In
      order to enforce the foregoing covenant, the Company may impose stop-transfer
      instructions with respect to the Common Stock of each Stockholder (and the
      shares or securities of every other person subject to the foregoing restriction)
      until the end of such period.

     

    (c)
      Each
      Stockholder agrees that a legend reading substantially as follows shall
be
      placed
      on all certificates representing all equity securities of each
      Stockholder:

     

    “THE
      SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A LOCK-UP PERIOD
      AFTER
      THE EFFECTIVE DATE OF THE ISSUER’S REGISTRATION STATEMENT FILED UNDER THE ACT,
      AS AMENDED, AS SET FORTH IN AN AGREEMENT BETWEEN THE COMPANY AND THE ORIGINAL
      HOLDER OF THESE SECURITIES, A COPY OF WHICH MAY BE OBTAINED AT THE ISSUER’S
      PRINCIPAL OFFICE. SUCH LOCK-UP PERIOD IS BINDING ON TRANSFEREES OF THESE
      SHARES.”

    

    2.
      Miscellaneous.

     

    (a)
      Successors
      and Assigns.
      Except
      as otherwise provided herein, the terms and conditions of this Agreement shall
      inure to the benefit of and be binding upon the respective successors and
      assigns of the parties (including transferees of any shares of Common Stock).
      Nothing in this Agreement, express or implied, is intended to confer upon any
      party other than the parties hereto or their respective successors and assigns
      any rights, remedies, obligations or liabilities under or by reason of this
      Agreement, except as expressly provided in this Agreement.

     

    (b)
      Choice
      of Law, Venue and Forum.
      This
      Agreement, the entire relationship of the parties hereto, and any litigation
      between the parties (whether grounded in contract, tort, statute, law or equity)
      shall be governed by, construed in accordance with, and interpreted pursuant
      to
      the laws of the State of Texas, without giving effect to its choice of laws
      principles. Exclusive venue for any litigation between the parties hereto shall
      be in Harris County, Texas, and shall be brought in the State District Courts
      of
      Harris County, Texas, or in the United States District Court for the Southern
      District of Texas, Houston Division. The parties hereto waive any challenge
      to
      personal jurisdiction or venue (including without limitation a challenge based
      on inconvenience) in Harris County, Texas, and specifically consent to the
      jurisdiction of the State District Courts of Harris County and the United States
      District Court for the Southern District of Texas, Houston
      Division.

     

    (c)
      Counterparts.
      This
      Agreement may be executed in two or more counterparts, each of which shall
      be
      deemed an original, but all of which together shall constitute one and the
      same
      instrument.

     

    (d)
      Titles
      and Subtitles.
      The
      titles and subtitles used in this Agreement are used for convenience only and
      are not to be considered in construing or interpreting this
      Agreement.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (e)
      Notices.
      All
      notices and other communications given or made pursuant hereto shall be in
      writing and shall be deemed effectively given: (i) upon personal delivery
      to the party to be notified, (ii) when sent by confirmed electronic mail or
      facsimile if sent during normal business hours of the recipient; if not, then
      on
      the next business day, (iii) five (5) days after having been sent by
      registered or certified mail, return receipt requested, postage prepaid, or
      (iv) one (1) day after deposit with a nationally recognized overnight
      courier, specifying next day delivery, with written verification of receipt.
      All
      communications shall be sent to the respective parties at the addresses set
      forth in the record books of the Company (or at such other addresses as shall
      be
      specified by notice given in accordance with this
      Section 2(e)).

     

    (f)
      Entire
      Agreement; Amendments and Waivers.
      This
      Agreement (including the Exhibits hereto, if any) constitutes the full and
      entire understanding and agreement among the parties with regard to the subjects
      hereof and thereof. Any term of this Agreement may be amended and the observance
      of any term of this Agreement may be waived (either generally or in a particular
      instance and either retroactively or prospectively) only with the written
      consent of the Company and all of the Stockholders. 

     

    (g)
      Severability.
      If one
      or more provisions of this Agreement are held to be unenforceable under
      applicable law, such provision(s) shall be excluded from this Agreement and
      the
      balance of the Agreement shall be interpreted as if such provision(s) were
      so
      excluded and shall be enforceable in accordance with its terms.

     

    (h)
      Additional
      Stockholders.
      Notwithstanding anything to the contrary contained herein, no consent shall
      be
      necessary to add additional Stockholders as signatories to this
      Agreement.

     

     

    [Signature
      Page Follows]

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    IN
      WITNESS WHEREOF, the parties have executed this Stockholder Lock-Up Agreement
      effective as of the date first above written.

     

     

    
      	
              COMPANY:

              

              Trulite,
                Inc.

              (a
                Delaware corporation)

              

              

              By:
                

              
                

              

              John
                Sifonis, President

              

              Address:  
                Three
                Riverway 

              Suite
                1700

              Houston,
                Texas 77056-1948

               

              

              STOCKHOLDER:

               

              

              By: ___________________________

              

              Name:
                Eric
                J. Ladd 

              

              Address:
                4987
                West Woodbend Rd.

              West
                Jordan, UT 84084

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}]]