Document:

Exhibit 10.2

    
      
        

      

    

    Exhibit
      10.2

    

    

    LOCK-UP
      AGREEMENT

    

    LOCK-UP
      AGREEMENT (this “Agreement”)
      dated
      as of June 30, 2005, by and among LIMELIGHT MEDIA GROUP, INC., a Nevada
      corporation (the “Company”),
      and
      each Person whose name appears on Schedule
      A
      attached
      hereto (each a “Former
      IMPART Shareholder”).

    

    

    WITNESSETH

    

    WHEREAS,
      pursuant to the terms of an Agreement and Plan of Merger dated as of June 30,
      2005 (the “Merger
      Agreement”)
      by and
      among the Company, IMPART, Inc., a Washington corporation (“IMPART”),
      and
      Limelight Merger II Corp., a Washington corporation, on the date hereof, the
      Company has agreed to issue to each Former IMPART Shareholder such number of
      shares of Common Stock, $.001
      par
      value, of the Company (the “Common
      Stock”) as
      determined pursuant to the Merger Agreement;
      and

    

    WHEREAS,
      as a
      condition precedent to the consummation of the transactions contemplated by
      the
      Merger Agreement, the Company and the Former IMPART Shareholders desire to
      provide for certain restrictions on the transfer of such shares by the Former
      IMPART Shareholders; 

    

    NOW
      THEREFORE,
      in
      consideration of the premises and the mutual covenants of the parties hereto,
      it
      is hereby agreed as follows:

    

    

    ARTICLE
      I

    

    CERTAIN
      DEFINITIONS

    

    1.1         
      Definitions.
      Whenever used in this Agreement, unless otherwise defined or the subject matter
      or context dictates, the following terms shall have these respective
      meanings:

    

    (a)         
      “Affiliate”
      shall
      have the meaning ascribed to it in Rule 12(b)(2) promulgated under the
      Securities Exchange Act of 1934, as amended.

    

    (b)         
      “Agreement”
      means
      this Lock-Up Agreement, any agreement which is supplementary to or in amendment
      or confirmation of this Agreement, and any schedules hereto or
      thereto.

    

    (c)         
      “Disposition”
      shall
      have the meaning assigned in Section 2.1.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    (d)         
      “Person”
      means
      any individual, estate, trust, partnership, joint venture, limited liability
      company, association, firm, corporation, company or other entity.

    

    (e)        
      “Sale
      Transaction”
      shall
      have the meaning assigned in Section 2.1.

    

    (f)         
      “Shares” mean the shares of Common Stock issued to the Former IMPART
      Shareholders pursuant to the Merger Agreement, as well as: (i) any shares into
      which such shares may be converted, reclassified, redesignated, subdivided,
      consolidated or otherwise changed; (ii) any shares of the Company or any
      successor or other body corporate which may be received by the holders of such
      shares on a merger, amalgamation or other reorganization of or including the
      Company; and (iii) any securities which may now or hereinafter be convertible
      or
      exercisable into such shares. 

    

    (g)         
      “Transfer”
      shall
      have the meaning assigned in Section 2.1.

    

    1.2         
      Extended
      Meanings.
      Words
      importing the singular number include the plural and vice versa and words
      importing gender include all genders.

    

    

    ARTICLE
      II

    

    DISPOSITION
      OF SHARES

    

    2.1         
      Restriction
      on Transfer of Shares.
      

     

    (a)         
      Except
      as
      provided in Section 2.1(b), prior to June 30, 2006, no Former IMPART Shareholder
      may sell, assign, transfer, mortgage, alienate, pledge, hypothecate, create
      or
      permit to exist a security interest in or lien on, place in trust or in any
      other way encumber or otherwise dispose of (any of the foregoing shall
      constitute a “Transfer,”
      and
      the consummation of such being a “Disposition”)
      any
      Shares now owned or any interest therein except as expressly permitted by the
      terms and provisions of this Agreement. The Company shall have no obligation
      to
      recognize or accede to any Disposition or to register any Transfer of Shares
      on
      its books unless such Disposition is effected in accordance with the terms
      and
      provisions of this Agreement. No Person who purports to be a holder of Shares
      acquired in violation of the terms and provisions of this Agreement shall be
      entitled to any rights with respect to such Shares, including any rights to
      vote
      such Shares, to receive any dividends declared thereon, or to receive any notice
      with respect thereto under this Agreement or otherwise. 

     

    (b)         
      Any
      Former IMPART Shareholder may Transfer all or a portion of his, her or its
      Shares to (i) any Person to which such Former IMPART Shareholder shall sell,
      assign or transfer all or substantially all of its assets; (ii) any Affiliate
      of
      such Former IMPART Shareholder, including, any funds affiliated with such Former
      IMPART Shareholder; (iii) any member, partner or shareholder of such Former
      IMPART Shareholder; (iv) any other Former IMPART Shareholder; or (v) in
      connection with any sale of all or substantially all of the Company’s assets,
      any Transfer of at least a majority of the Company’s outstanding voting
      securities (as of immediately prior to such transfer) or any merger or
      consolidation in which the Company is not the surviving entity (any such
      transaction, a “Sale
      Transaction”).
      If
      any Former IMPART Shareholder intends to make a Disposition of all or a portion
      of his, her or its Shares pursuant to this paragraph, such Former IMPART
      Shareholder shall give at least fifteen (15) days prior written notice of such
      proposed Disposition to the Company (except in respect of a Disposition pursuant
      to clause (v). Any such notice shall specify the number of Shares subject to
      such proposed Disposition, identify the proposed transferee and state the
      relationship between such Former IMPART Shareholder and the proposed
      transferee.

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    ARTICLE
      III

    

    MISCELLANEOUS

    

    3.1          Legend.
      The
      Company may cause each certificate representing Shares that are subject to
      this
      Agreement to have stamped, printed or typed thereon the following
      legend:

    

    The
      securities represented by this certificate are subject to a Lock-Up Agreement,
      dated as of July 30, 2005, among Limelight Media Group Inc. (the “Company”) and
      certain of its stockholders, a copy of which may be examined at the principal
      office of the Company.

    

    3.2         
      Notice.
      Any
      notice or document required or permitted by this Agreement to be given to a
      party hereto shall be in writing and is sufficiently given if delivered
      personally, or if sent by prepaid certified mail, return receipt requested,
      to
      the Company or to a Former IMPART Shareholder addressed as follows:

    

     

    

    
      	the
              Company: 	Limelight
              Media Group,
              Inc. 
	 	
              8000
                Centerview Parkway

            
	 	
              Cordova,
                Tennessee 38018

            
	 	
              Fax
                No.: (901) 757-1497

            
	 	
              Attention:
                David V. Lott

            
	 	 
	
              with
                a copy to:

            	
              Pryor
                Cashman Sherman & Flynn LLP

            
	 	
              410
                Park Avenue

            
	 	
              New
                York, N.Y. 10022

            
	 	
              Fax
                No.: (212) 798-6380

            
	 	
              Attention:
                Eric M. Hellige, Esq.

            

    

    

    
      	
              Former
                IMPART Shareholder:

            	
              To
                the address of such Former IMPART Shareholder set forth on Schedule
                A
                attached hereto or at such other address as may have been furnished
                the
                Company in writing.

            

    

    

    Notice
      so
      mailed shall be deemed to have been given upon receipt if delivered personally
      or on the fifth (5th)
      business day next following the date of the returned receipt. Any notice
      delivered to the party to whom it is addressed shall be deemed to have been
      given and received on the day it is delivered. Any party may from time to time
      notify the others in the manner provided herein of any change of address which
      thereafter, until changed by like notice, shall be the address of such party
      for
      all purposes hereof.

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    3.3          
      Term
      of Agreement.
      

    

    (a)         
      The
      provisions of this Agreement shall terminate upon the consummation of a Sale
      Transaction, at such time as provided in Articles II, or on such earlier date
      as
      is mutually agreed in writing by the Company and the Former IMPART Shareholders
      holding a majority of the then outstanding Shares. 

    

    (b)         
      Nothing
      contained in this Section 3.3 shall affect or impair any rights or obligations
      arising prior to the time of the termination of this Agreement, or which may
      arise by an event causing the termination of this Agreement.

    

    3.4        
       Severability.
      If in
      any jurisdiction, any provision of this Agreement or its application to any
      party or circumstance is restricted, prohibited or unenforceable, such provision
      shall, as to such jurisdiction, be ineffective only to the extent of such
      restriction, prohibition or unenforceability without invalidating the remaining
      provisions hereof and without affecting the validity or enforceability of such
      provision in any other jurisdiction or its application to other parties or
      circumstances.

    

    3.5          
      Counterparts.
      This
      Agreement may be executed in one or more counterparts, each of which shall
      be
      deemed an original and together shall constitute one document.

    

    3.6         
      Entire
      Agreement; etc.
      This
      Agreement sets forth the entire agreement among the parties hereto pertaining
      to
      the subject matter hereof and supersedes all prior agreements, understandings,
      negotiations and discussions, whether oral or written, among the parties hereto
      and there are no warranties, representations and other agreements between the
      parties hereto in connection with the subject matter hereof except as
      specifically set forth herein or therein. No supplement, modification, waiver
      or
      termination of this Agreement shall be binding unless executed in writing by
      the
      Company and the Former IMPART Shareholders holding a majority of the then
      outstanding Shares. No waiver of any of the provisions of this Agreement shall
      be deemed or shall constitute a waiver of any other provisions nor shall such
      waiver constitute a continuing waiver unless otherwise expressly
      provided.

    

    3.7         
      Transferees
      Bound.
      Except
      in connection with a Disposition pursuant to Section 2.1(b)(v) hereof, each
      Disposition otherwise permitted by Article II hereof shall not become effective
      unless and until the transferee executes and delivers to the Company a
      counterpart to this Agreement, agreeing to be treated in the same manner as
      a
      Former IMPART Shareholder. Upon such Disposition and such execution and
      delivery, the transferee shall be bound by, and entitled to the benefits of,
      this Agreement with respect to the transferred Shares in the same manner as
      the
      transferring Former IMPART Shareholder.

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    3.8          
      Governing
      Law.
      This
      Agreement shall be construed in accordance with the internal laws of the State
      of New York applicable to agreements made and to be performed in New
      York.

    

    [remainder
      of page left intentionally blank]

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, this Lock-Up Agreement has been executed by or on behalf of
      each of the parties hereto as of the date first above written.

    

    
      	 	
              LIMELIGHT
                MEDIA GROUP, INC.

            	 
	 	 	 	 	 
	 	 	 	 	 
	 	
              By:

            	
              /s/David
                V. Lott

            	 
	 	 	
              Name:

            	
              David
                V. Lott

            	 
	 	 	
              Title:

            	
              Chief
                Executive Officer

            	 

    

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, this Lock-Up Agreement has been executed by or on behalf of
      each of the parties hereto as of the date first above written.

    

     

    
      	 	
              Former
                IMPART Shareholders

            	 
	 	 	 
	 	 	 
	 	 	 
	 	
              /s/Laird
                Laabs

            	 
	 	
              Laird
                Laabs

            	 
	 	 	 
	 	
              /s/Steven
                Corey

            	 
	 	
              Steven
                Corey

            	 
	 	 	 
	 	
              /s/Steven
                Boscacci

            	 
	 	
              Steven
                Boscacci

            	 
	 	 	 
	 	
              /s/Shane
                Bumbalo

            	 
	 	
              Shane
                Bumbalo

            	 
	 	 	 
	 	
              /s/Stretton
                S. Brown

            	 
	 	
              Stretton
                S. Brown

            	 

    

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    
      Schedule
        A

      

      Names
        and Addresses of Former IMPART Shareholders

       

       

      [ON
        FILE
        WITH THE COMPANY]Unassociated Document

    
      
        

      

    

    Exhibit
      10.3

    

    

    LOCK-UP
      AGREEMENT

    

    LOCK-UP
      AGREEMENT (this “Agreement”)
      dated
      as of June 30, 2005, by and among LIMELIGHT MEDIA GROUP, INC., a Nevada
      corporation (the “Company”),
      and
      David V. Lott (“Lott”).

    

    

    W
      I T N E S S E T H

    

    WHEREAS,
      pursuant to the terms of an Agreement and Plan of Merger dated as of June 30,
      2005 (the “Merger
      Agreement”)
      by and
      among the Company, IMPART, Inc., a Washington corporation (“IMPART”),
      and
      Limelight Merger II Corp., a Washington corporation, on the date hereof, the
      Company has agreed to acquire all of the outstanding capital stock of IMPART
      and, in consideration therefor, to issue to each former IMPART shareholder
      such
      number of shares of Common Stock, $.001
      par
      value, of the Company (the “Common
      Stock”) as
      determined pursuant to the Merger Agreement;
      and

    

    WHEREAS,
      Lott is
      the President and Chief Executive Officer of the Company and its principal
      stockholder; and 

    

    WHEREAS,
      as a
      condition precedent to the consummation of the transactions contemplated by
      the
      Merger Agreement, the Company and Lott desire to provide for certain
      restrictions on the transfer of shares of Common Stock now held or hereafter
      acquired by Lott; 

    

    NOW
      THEREFORE,
      in
      consideration of the premises and the mutual covenants of the parties hereto,
      it
      is hereby agreed as follows:

    

    

    ARTICLE
      I

    

    CERTAIN
      DEFINITIONS

    

    1.1         
      Definitions.
      Whenever used in this Agreement, unless otherwise defined or the subject matter
      or context dictates, the following terms shall have these respective
      meanings:

    

    (a)         
      “Affiliate”
      shall
      have the meaning ascribed to it in Rule 12(b)(2) promulgated under the
      Securities Exchange Act of 1934, as amended.

    

    (b)         
      “Agreement”
      means
      this Lock-Up Agreement, any agreement which is supplementary to or in amendment
      or confirmation of this Agreement, and any schedules hereto or
      thereto.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    (c)         
      “Disposition”
      shall
      have the meaning assigned in Section 2.1.

    

    (d)         
      “Person”
      means
      any individual, estate, trust, partnership, joint venture, limited liability
      company, association, firm, corporation, company or other entity.

    

    (e)         
      “Shares”
      mean
      the shares of Common Stock now held or hereafter acquired by Lott, as well
      as:
      (i) any shares into which such shares may be converted, reclassified,
      redesignated, subdivided, consolidated or otherwise changed; (ii) any shares
      of
      the Company or any successor or other body corporate which may be received
      by
      the holders of such shares on a merger, amalgamation or other reorganization
      of
      or including the Company; and (iii) any securities which may now or hereinafter
      be convertible or exercisable into such shares. 

    

    (f)         
      “Transfer”
      shall
      have the meaning assigned in Section 2.1.

    

    1.2         
      Extended
      Meanings.
      Words
      importing the singular number include the plural and vice versa and words
      importing gender include all genders.

    

    

    ARTICLE
      II

    

    DISPOSITION
      OF SHARES

    

    2.1         
      Restriction
      on Transfer of Shares.
      (a)
      Except as provided in Section 2.1(b), prior to June 30, 2006, Lott may not
      sell,
      assign, transfer, mortgage, alienate, pledge, hypothecate, create or permit
      to
      exist a security interest in or lien on, place in trust or in any other way
      encumber or otherwise dispose of (any of the foregoing shall constitute a
“Transfer,”
      and
      the consummation of such being a “Disposition”)
      any
      Shares or any interest therein except as expressly permitted by the terms and
      provisions of this Agreement. The Company shall have no obligation to recognize
      or accede to any Disposition or to register any Transfer of Shares on its books
      unless such Disposition is effected in accordance with the terms and provisions
      of this Agreement. No Person who purports to be a holder of Shares acquired
      in
      violation of the terms and provisions of this Agreement shall be entitled to
      any
      rights with respect to such Shares, including any rights to vote such Shares,
      to
      receive any dividends declared thereon, or to receive any notice with respect
      thereto under this Agreement or otherwise. 

    

    (b)         
      Lott
      may
      Transfer all or a portion of his Shares (i) in connection with any sale of
      all
      or substantially all of the Company’s assets, any Transfer of at least a
      majority of the Company’s outstanding voting securities (as of immediately prior
      to such transfer) or any merger or consolidation in which the Company is not
      the
      surviving entity (any such transaction, a “Sale
      Transaction”)
      or
      (ii) to the extent necessary, during each monthly period of this Agreement,
      for
      Lott to receive net proceeds sufficient to meet his monthly obligations under
      his Chapter 13 bankruptcy reorganization.

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    ARTICLE
      III

    

    MISCELLANEOUS

    

    3.1         
      Legend.
      The
      Company may cause each certificate representing Shares that are subject to
      this
      Agreement to have stamped, printed or typed thereon the following
      legend:

    

    The
      securities represented by this certificate are subject to a Lock-Up Agreement,
      dated as of June 30, 2005, among Limelight Media Group Inc. (the “Company”) and
      certain of its stockholders, a copy of which may be examined at the principal
      office of the Company.

    

    3.2         
      Notice.
      Any
      notice or document required or permitted by this Agreement to be given to a
      party hereto shall be in writing and is sufficiently given if delivered
      personally, or if sent by prepaid certified mail, return receipt requested,
      to
      the Company or to Lott, addressed as follows:

    

    
      	
              the
                Company:

            	
              Limelight
                Media Group, Inc. 

            
	 	
              8000
                Centerview Parkway

            
	 	
              Cordova,
                Tennessee 38018

            
	 	
              Fax
                No.: (901) 757-1497

            
	 	
              Attention:
                David V. Lott

            
	 	 
	
              with
                a copy to:

            	
              Pryor
                Cashman Sherman & Flynn LLP

            
	 	
              410
                Park Avenue

            
	 	
              New
                York, N.Y. 10022

            
	 	
              Fax
                No.: (212) 798-6380

            
	 	
              Attention:
                Eric M. Hellige, Esq.

            
	 	 
	
              David
                Lott:

            	
              c/o
                Limelight Media Group, Inc. 

            
	 	
              8000
                Centerview Parkway

            
	 	
              Cordova,
                Tennessee 38018

            
	 	
              Fax
                No.: (901) 757-1497

            
	 	
              Attention:
                David V. Lott

            

    

    

    

    Notice
      so
      mailed shall be deemed to have been given upon receipt if delivered personally
      or on the fifth (5th)
      business day next following the date of the returned receipt. Any notice
      delivered to the party to whom it is addressed shall be deemed to have been
      given and received on the day it is delivered. Any party may from time to time
      notify the others in the manner provided herein of any change of address which
      thereafter, until changed by like notice, shall be the address of such party
      for
      all purposes hereof.

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    3.3         
      Term
      of Agreement.
      

    

    (a)         
      The
      provisions of this Agreement shall terminate upon the earlier of the
      consummation of a Sale Transaction, at such time as provided in Article II,
      or
      on such earlier date as is mutually agreed in writing by the Company and Lott.
      

    

    (b)         
      Nothing
      contained in this Section 3.3 shall affect or impair any rights or obligations
      arising prior to the time of the termination of this Agreement, or which may
      arise by an event causing the termination of this Agreement.

    

    3.4         
      Severability.
      If in
      any jurisdiction, any provision of this Agreement or its application to any
      party or circumstance is restricted, prohibited or unenforceable, such provision
      shall, as to such jurisdiction, be ineffective only to the extent of such
      restriction, prohibition or unenforceability without invalidating the remaining
      provisions hereof and without affecting the validity or enforceability of such
      provision in any other jurisdiction or its application to other parties or
      circumstances.

    

    3.5         
      Counterparts.
      This
      Agreement may be executed in one or more counterparts, each of which shall
      be
      deemed an original and together shall constitute one document.

    

    3.6        
      Entire
      Agreement; etc.
      This
      Agreement sets forth the entire agreement among the parties hereto pertaining
      to
      the subject matter hereof and supersedes all prior agreements, understandings,
      negotiations and discussions, whether oral or written, among the parties hereto
      and there are no warranties, representations and other agreements between the
      parties hereto in connection with the subject matter hereof except as
      specifically set forth herein or therein. No supplement, modification, waiver
      or
      termination of this Agreement shall be binding unless executed in writing by
      the
      Company and Lott. No waiver of any of the provisions of this Agreement shall
      be
      deemed or shall constitute a waiver of any other provisions nor shall such
      waiver constitute a continuing waiver unless otherwise expressly
      provided.

    

    3.7         
      Governing
      Law.
      This
      Agreement shall be construed in accordance with the internal laws of the State
      of New York applicable to agreements made and to be performed in New
      York.

    

    [remainder
      of page left intentionally blank]

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, this Lock-Up Agreement has been executed by or on behalf of
      each of the parties hereto as of the date first above written.

    

    
      	 	 	 	 	 
	 	
              LIMELIGHT
                MEDIA GROUP, INC.

            	 
	 	 	 	 	 
	 	 	 	 	 
	 	
              By:

            	
              /s/Laird
                Laabs

            	 
	 	 	
              Name:

            	
              Laird
                Laabs

            	 
	 	 	
              Title:

            	
              President

            	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	
              /s/David
                V. Lott

            	 
	 	 	
              David
                V. Lott

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