Document:

Unassociated Document

 

Exhibit 10.18

Lock-Up Agreement

 

January ___, 2011

 

Ladenburg Thalmann & Co. Inc.

520 Madison Avenue

9th Floor

New York NY 10022

 

Ladies and Gentlemen:

 

The undersigned understands that Ladenburg Thalmann & Co. Inc. (“Ladenburg” or the “Underwriter”) proposes to enter into an Underwriting Agreement (the “Underwriting Agreement”) with IASO Pharma Inc., a Delaware corporation (the “Company”), providing for the public offering (the “Public Offering”) by the Underwriter of shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”).

 

To induce the underwriters that may participate in the Public Offering to continue their efforts in connection with the Public Offering, the undersigned hereby agrees that, without the prior written consent of Ladenburg, he or she will not, during the period commencing on the date hereof and ending 180 days after the date of the final prospectus relating to the Public Offering (the “Prospectus”) (the “Lock-Up Period”), sell, offer, agree to sell, contract to sell, hypothecate, pledge, encumber, grant any option to purchase, make any short sale of, or otherwise dispose of or hedge, directly or indirectly, any security of the Company (collectively, “Company Securities”), including but not limited to shares of Common Stock or any securities convertible into or exercisable or exchangeable for Company Securities, whether any such transaction described above is to be settled by delivery of Company Securities, cash or otherwise.  The foregoing sentence shall not apply to (a) transactions relating to Company Securities acquired in open market transactions after the completion of the Public Offering, or (b) transfers of Company Securities to (i) the spouse or any lineal descendant of the undersigned, (ii) any trust for the benefit of the undersigned or the spouse or lineal descendant of the undersigned, (iii) non-profit organizations qualified as charitable organizations under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, (iv) the estate of the undersigned, or (v) any affiliate of the undersigned; provided that in the case of any transfer or distribution pursuant to clause (b), each donee or distributee shall sign and deliver a lock-up agreement substantially in the form of this agreement.  In addition, the undersigned agrees that, without the prior written consent of Ladenburg, it will not, during the Lock-Up Period, make any demand for or exercise any right with respect to, the registration of any Company Securities.  The undersigned also agrees and consents to the entry of stop transfer instructions with the Company’s transfer agent and registrar against the transfer of the undersigned’s Company Securities, except in compliance with the foregoing restrictions.

 

  

1

  

 

If (a) the Company issues an earnings release or material news, or a material event relating to the Company occurs, during the last 17 days of the Lock-Up Period, or (b) prior to the expiration of the Lock-Up Period, the Company announces that it will release earnings results during the 16-day period beginning on the last day of the Lock-Up Period, the restrictions imposed by this agreement shall continue to apply until the expiration of the 18-day period beginning on the issuance of the earnings release or the occurrence of the material news or material event, unless Ladenburg waives such extension.

 

No provision in this agreement shall be deemed to restrict or prohibit the exercise or exchange by the undersigned of any option or warrant to acquire Company Securities; provided that the undersigned does not transfer the Company Securities acquired on such exercise or exchange during the Lock-Up Period, unless otherwise permitted pursuant to the terms of this agreement.  In addition, no provision herein shall be deemed to restrict or prohibit the entry into or modification of a so-called “10b5-1” plan at any time (other than the entry into or modification of such a plan in such a manner as to cause the sale of any Company Securities within the Lock-Up Period).

 

The undersigned understands that the Company and the Underwriter are relying upon this agreement in proceeding toward consummation of the Public Offering.  The undersigned further understands that this agreement is irrevocable and shall be binding upon the undersigned’s heirs, legal representatives, successors and assigns.

 

The undersigned understands that, if the Underwriting Agreement is not executed by February 14, 2011, or if the Underwriting Agreement (other than the provisions thereof which survive termination) shall terminate or be terminated prior to payment for and delivery of the shares of Common Stock to be sold thereunder, the undersigned shall be released from all obligations under this letter agreement.

 

Whether or not the Public Offering actually occurs depends on a number of factors, including market conditions.  Any Public Offering will only be made pursuant to an Underwriting Agreement, the terms of which are subject to negotiation between the Company and the Underwriter.

 

	
Very truly yours,

 

	
(Signature)

 

	
(Print Name)

 

	
(Print Address)

 

 

 2Exhibit 10.1

                            Consulting Agreement

A G R E E M E N T  made this 21th day of January, 2011, by and between
Christian R. Hansen, whose address is 2135 Deerpark Dr., San Diego, CA 92110,
hereinafter referred to as the "Consultant", and Monster Offers, whose
principal place of business is located at P. O. Box 1092, Bonsall, CA 92003,
hereinafter referred to as "Company".

                             W I T N E S E T H:

WHEREAS, the Company desires to engage the services of the Consultant to
perform for the Company consulting services as an independent contractor and
not as an employee; and WHEREAS, Consultant desires to consult with the Board
of Directors, the officers of the Company, and the administrative staff, and
to undertake for the Company consultation as to the direction of certain
functions in said management of;

NOW, THEREFORE, it is agreed as follows:

1. Term. The respective duties and obligations of the contracting parties
shall be for a period of six (6) months commencing on the 21st day of
January, 2011, and may be terminated by the Company by giving thirty (30)
days' written notice to Consultant at the addresses stated above or at an
address chosen subsequent to the execution of this agreement and duly
communicated to the party giving notice.

2. Consultations. Consultant shall be available to consult with the Board of
Directors, the officers of the Company, and the heads of the administrative
staff, at reasonable times.  In general, the important problems of concern in
the business affairs of the Company.  Consultant agrees to provide Monster
Offers on a best efforts basis, such services to Monster Offers as to assist
Monster Offers in business development, evaluating potential business
opportunities and helping with the development of business strategies.
Without limiting the generality of the foregoing, the Consultant will also
assist Monster Offers in developing, studying and evaluating new customer
opportunities, strategic relationships, prepare reports and analyses thereon
when advisable, and assist in matters of corporate activities pertaining
thereof.  Consultant shall not represent the Company, its Board of Directors,
its officers or any other members of the Company in any transactions or
communications nor shall Consultant make claim to do so.

3. Liability. With regard to the services to be performed by the Consultant
pursuant to the terms of this agreement, the Consultant shall not be liable
to the Company, or to anyone who may claim any right due to any relationship
with the Corporation, for any acts or omissions in the performance of
services on the part of the Consultant or on the part of the agents or
employees of the Consultant, except when said acts or omissions of the
Consultant are due to willful misconduct or gross negligence. The Company
shall hold the Consultant free and harmless from any obligations, costs,
claims, judgments, attorneys' fees, and attachments arising from or growing
out of the services rendered to the Company pursuant to the terms of this
agreement or in any way connected with the rendering of services, except when
the same shall arise due to the willful misconduct or gross negligence of the
Consultant and the Consultant is adjudged to be guilty of willful misconduct
or gross negligence by a court of competent jurisdiction.

4. Compensation. The Consultant shall receive from the Company for the
performance of the services rendered to the Company pursuant to the terms of
the agreement two hundred thousand (200,000) MONT free trading shares due
upon the execution of the Agreement; for six (6) months of services. These
terms are more thoroughly referenced in Schedule A-1, attached herein to this
document.

6. Arbitration. Any controversy or claim arising out of or relating to this
contract, or the breach thereof, shall be settled by arbitration in
accordance of the rules of the American Arbitration Association, and judgment
upon the award rendered by the arbitrator(s) shall be entered in any court
having jurisdiction thereof. For that purpose, the parties hereto consent to
the jurisdiction and venue of an appropriate court located in County of San
Diego, State of California. In the event that litigation results from or
arises out of this Agreement or the performance thereof, the parties agree to
reimburse the prevailing party's reasonable attorney's fees, court costs, and
all other expenses, whether or not taxable by the court as costs, in addition
to any other relief to which the prevailing party may be entitled. In such
event, no action shall be entertained by said court or any court of competent
jurisdiction if filed more than one year subsequent to the date the cause(s)
of action actually accrued regardless of whether damages were otherwise as of
said time calculable.

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

CHRISTIAN R. HANSEN - CONSULTANT

By:  ________________________________     Date: ______________
       Christian R. Hansen

MONSTER OFFERS

By:  _________________________________    Date: ______________
       Paul Gain
       CEO

<PAGE>

                               SCHEDULE A-1

For the services to be rendered and performed by Christian R. Hansen,
Consultant, during the term of this Agreement, the Company shall, upon
acceptance of this Agreement, pay to Consultant:

Two Hundred Thousand (200,000) MONT free trading shares due upon the
execution of the Agreement, for six (6) months of services.

CHRISTIAN R. HANSEN - CONSULTANT

By:  ________________________________     Date: ______________
       Christian R. Hansen

MONSTER OFFERS

By:  _________________________________    Date: ______________
       Paul Gain
       CEO

<PAGE>

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