Document:

LOCK-UP
      AGREEMENT

    

    

    THIS
      LOCK-UP AGREEMENT (“Agreement”)
      is
      made and entered into as of January 31, 2008, by and among China Sky One
      Medical, Inc., a Nevada corporation (the “Company”),
      and
      the individuals listed on Schedule
      A
      attached
      hereto and made a part hereof (the “Stockholders”).
      (The
      Company and the Stockholders may sometimes be referred to herein singularly
      as a
“party,” or collectively as, the “parties.”). Capitalized terms used herein have
      the respective meanings ascribed thereto in the Securities Purchase Agreement
      (as defined below) unless otherwise defined herein. 

    

    WHEREAS,
      the
      Stockholders are the holders of an aggregate of 6,063,502 shares (the
“Shares”)
      of the
      Company’s common stock, $0.001 par value per share (“Common
      Stock”),
      as
      further set forth on Schedule
      A
      attached
      hereto and made a part hereof; and

    

    WHEREAS,
      the
      Company has offered for sale (the “Offering”)
      certain shares of Common Stock and attached warrants to purchase shares of
      Common Stock in accordance with that certain Securities Purchase Agreement,
      dated as of even date herewith (the “Securities
      Purchase Agreement”),
      by
      and among the Company and the investors signatory thereto (the “Investors”);
      and

    

    WHEREAS,
      it is a
      condition to the Offering that the Stockholders agree to “lock-up” the Shares,
      pursuant to the terms and conditions of this Agreement.

    

    WHEREAS,
      as an
      inducement to the Investors to enter into the Securities Purchase Agreement,
      the
      CSKI Shareholder has agreed to place an aggregate of 3,000,000 of the Shares
      (the “Escrow
      Shares”)
      into
      escrow for the benefit of the Investors in the event that the Company fails
      to
      satisfy the “FY07 Performance Threshold” and/or “FY08 Performance Threshold,”
pursuant to the terms and conditions of a Make Good Agreement, dated as of
      even
      date herewith (the “Make
      Good Agreement”),
      by
      and among Pope Asset Management, LLC (as the authorized agent of the Investors),
      the Company and the CSKI Shareholder; and

    

     NOW,
      THEREFORE,
      in
      consideration of the mutual covenants and agreements contained herein, and
      other
      good and valuable consideration the receipt and sufficiency of which is hereby
      acknowledged, the parties agree as follows:

    

    1. Agreement
      to Retain the Shares.
      

    

    (a) The
      Stockholders hereby agree not to sell, assign, transfer, pledge, hypothecate,
      or
      otherwise dispose of any of the Shares until twelve (12) months from the
      effective date of the initial Registration Statement (the “Lock-Up
      Period”).
      Anything to the contrary notwithstanding, the Stockholders shall be entitled
      to
      sell, in the aggregate, 136,000 of the Shares pursuant to Rule 144, as amended,
      under the 1933 Act. 

    

    (b) The
      foregoing restrictions are expressly agreed to and preclude the Stockholders
      from engaging in any hedging or other transactions which may lead to or result
      in a sale of any of the Shares during the Lock-Up Period, even if such Shares
      would be sold by someone other than a Stockholder. Such prohibited hedging
      or
      other transactions would include without limitation any short sale (whether
      or
      not against the box), any pledge or any purchase, sale or grant of any right
      (including without limitation any put or call option) with respect to any of
      the
      Shares.

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    (c) The
      Stockholders agree and consent to the entry of stop transfer instructions with
      the Company’s transfer agent for the Company’s Common Stock against transfers of
      the Shares, if any, by a Stockholder in contravention of the restrictions set
      forth herein. The Stockholders understand that the Company will rely upon the
      representations set forth in this Agreement in proceeding in connection with
      the
      Offering. The Stockholders understand that their agreement is irrevocable and
      shall be binding upon their heirs, legal representatives, successors and
      assigns.

    

    (d) Notwithstanding
      the foregoing, any Stockholder (for the purposes of this Section 1(d), the
      “Transferring
      Holder”)
      may,
      as applicable, transfer any or all of the Transferring Holder’s Shares, either
      during the Transferring Holder’s lifetime, or on the Transferring Holder’s
      death, by will or intestacy to the Transferring Holder’s “immediate family,” as
      defined in Rule 16a-1 of the General Rules and Regulations of the Securities
      Exchange Act of 1934, as amended, or to a trust or other entity, the
      beneficiaries of which are exclusively such Transferring Holder and/or a member
      or members of the Transferring Holder’s “immediate family”; provided,
      however,
      that in
      any such case it shall be a condition to the transfer that the transferee
      execute an agreement stating that the transferee is receiving and holding such
      Shares subject to the provisions of this Agreement, and there shall be no
      further transfer of such Shares except in accordance with this Lock-up
      Agreement. 

    

    (e) If
      any of
      the Escrow Shares are released to “Eligible Investors” (“Released
      Shares”),
      pursuant to the terms and conditions of the Make Good Agreement, the Lock-Up
      Period shall be deemed to have automatically and permanently terminated with
      respect to such Released Shares.

    

    2. Representations,
      Warranties and Covenants of the Company.
      The
      Company represents, warrants and covenants to the Stockholders that this
      Agreement (a) has been authorized by all necessary corporate action on the
      part
      of the Company and has been duly executed by a duly authorized officer of the
      Company, and (b) constitutes the legal, valid and binding obligation of the
      Company. Neither the execution of this Agreement by the Company nor the
      consummation of the transactions contemplated hereby will result in a breach
      or
      violation of the terms of any agreement by which the Company is bound, or of
      any
      decree, judgment, order, law or regulation now in effect of any court or other
      governmental body applicable to the Company.

    

    3. Additional
      Documents.
      The
      Stockholders and the Company hereby covenant and agree to execute and deliver
      any additional documents necessary or desirable, in the reasonable opinion
      of
      the Company’s legal counsel to carry out the intent of this
      Agreement.

    

    4. Consent
      and Waiver.
      The
      Stockholders hereby give any consents or waivers that are reasonably required
      for the consummation of the Offering under the terms of any agreement to which
      a
      Stockholders are a party, or pursuant to any rights a Stockholder may
      have.

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    5. Miscellaneous.

    

    (a) Severability.
      If any
      term, provision, covenant or restriction of this Agreement is held by a court
      of
      competent jurisdiction to be invalid, void or unenforceable, the remainder
      of
      the terms, provisions, covenants and restrictions of this Agreement shall remain
      in full force and effect and shall in no way be affected, impaired or
      invalidated.

    

    (b) Binding
      Effect and Assignment.
      This
      Agreement and all of the provisions hereof shall be binding upon and inure
      to
      the benefit of the parties hereto and their respective successors and permitted
      assigns, but, except as otherwise specifically provided herein, neither this
      Agreement nor any of the rights, interests or obligations of the parties hereto
      may be assigned by any of the parties without the prior written consent of
      the
      other.

    

    (c) Amendments
      and Modifications.
      This
      Agreement may not be modified, amended, altered or supplemented except upon
      the
      execution and delivery of a written agreement executed by the parties
      hereto.

    

    (d) Specific
      Performance; Injunctive Relief.
      The
      parties hereto acknowledge that the Company will be irreparably harmed and
      that
      there will be no adequate remedy at law for a violation of any of the covenants
      or agreements of the Stockholders set forth herein. Therefore, it is agreed
      that, in addition to any other remedies which may be available to the Company
      upon such violation, the Company shall have the right to enforce such covenants
      and agreements by specific performance, injunctive relief or by any other means
      available to it at law or in equity.

    

    (e) Notices.
      All
      notices, requests, claims, demands and other communications hereunder shall
      be
      in writing and sufficient if delivered in person, by commercial overnight
      courier service, by confirmed telecopy, or sent by mail (registered or certified
      mail, postage prepaid, return receipt requested) to the respective parties
      as
      follows:

    

    if
      to the
      Company, to:

    

    China
      Sky
      One Medical, Inc.

    Room
      1706, No. 30 Di Wang Building, Gan Shui Road,

    Nandang
      District, Harbin, People’s Republic of China 150001

    Attn.:
      Liu Yan-Qing, Chairman 

    Tel:
      +
      86-451-53994073

    Fax:
      +
      86-451-8700-9121

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    with
      a
      copy to:

    

    Hodgson
      Russ LLP

    1540
      Broadway, 24th Floor

    New
      York,
      New York 10036

    Attn.:
      Jeffrey A. Rinde, Esq.

    Tel:
      212-751-4300

    Fax:
      212-751-0928

    

    if
      to a
      Stockholders:

    

    to
      the
      addresses set forth below their names on Schedule
      A,
      attached  hereto,

    

    or
      to
      such other address as either party may have furnished to the other in writing
      in
      accordance herewith, except that notices of change of address shall only be
      effective upon receipt.

    

    (f) Governing
      Law.
      This
      Agreement shall be governed by, construed and enforced in accordance with the
      laws of New York without giving effect to principles of conflicts of
      law.

    

    (g) Entire
      Agreement.
      This
      Agreement contains the entire understanding of the parties in respect of the
      subject matter hereof, and supersedes all prior negotiations and understandings
      between the parties with respect to such subject matter.

    

    (h) Counterparts.
      This
      Agreement may be executed in counterparts, each of which shall be an original,
      but all of which together shall constitute one and the same
      agreement.

    

    (i)
       Effect
      of Headings.
      The
      section headings herein are for convenience only and shall not affect the
      construction or interpretation of this Agreement.

    

    (j) Third-Party
      Beneficiaries.
      The
      Investors shall be intended third party beneficiaries of this Agreement to
      the
      same extent as if they were parties hereto, and shall be entitled to enforce
      the
      provisions hereof.

     

    

    [The
      remainder of this page is intentionally left blank. Signature pages
      follow]

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    IN
      WITNESS WHEREOF,
      the
      parties herein have executed this Agreement as of the date first set forth
      above.

    

    COMPANY:

    

    CHINA
      SKY ONE MEDICAL, INC.

    

    

    By:
      __________________________________     

    Name:

    Title:

    

    

    STOCKHOLDERS:

     

    

    ________________________________

    Liu
      Yan-Qing

     

     

    ________________________________

    Han
      Xiao-Yan

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

    Schedule
      A

    

    The
      Stockholders

     

    
      	
               

               

              Name
                and Address

            	 	
               

              Total
                Shares

            	 	
               

              Shares

              Subject
                to Lock-Up

            	 	
              Shares

              Eligible
                for Sale Under Rule 144

            	 
	 	 	 	 	 	 	 	 
	
              Liu
                Yan-Qing

              c/o
                China Sky One Medical, Inc.

              Room
                1706, No. 30 Di Wang Building

              Gan
                Shui Road

              Nandang
                District, Harbin

              People’s
                Republic of China 150001

            	 	 	
              
              

              4,660,595

            	 	 	
              
              

              4,556,065

            	 	 	
              
              

              104,530

            	 
	 	 	 	 	 	 	 	 	 	 	 
	
              Han
                Xiao-Yan

              c/o
                China Sky One Medical, Inc.

              Room
                1706, No. 30 Di Wang Building

              Gan
                Shui Road

              Nandang
                District, Harbin

              People’s
                Republic of China 150001

            	 	 	
              
              

              1,402,907

            	 	 	
              
              

              1,371,437

            	 	 	
              
              

              31,470

            	 
	 	 	 	 	 	 	 	 	 	 	 
	
              TOTAL:

            	 	 	
              
              

              6,063,502

            	 	 	
              
              

              5,927,502

            	 	 	
              
              

              136,000

            	 

    

     

    
      
         

      

      
        6Unassociated Document

    AGREEMENT
      AND PLAN OF MERGER

     

    This
      Agreement
      and Plan of Merger (hereinafter
      called the “Merger
      Agreement”)
      is
      made as of January 29, 2008, by and between PubliCARD, Inc., a Pennsylvania
      corporation (“PubliCARD”),
      and
      Chazak Value Corp., a Delaware corporation (“Chazak”).
      PubliCARD and Chazak are sometimes referred to herein as the “Constituent
      Corporations.”

     

    Whereas,
      the
      United States Bankruptcy Court for the Southern District of New York (the
“Bankruptcy
      Court”)
      has
      confirmed PubliCARD’s First Amended Plan of Reorganization (as the same may be
      modified or amended by the Bankruptcy Court from time to time, the “Plan
      of Reorganization”);

     

    Whereas,
      the
      Plan
      of Reorganization provides that PubliCARD will be reorganized as Chazak under
      chapter 11 of the United States Bankruptcy Code;

     

    Whereas,
      the
      Plan
      of Reorganization provides that, on the effective date of the plan, the common
      stock and preferred stock of PubliCARD will be automatically cancelled without
      further action, and that holders of Allowed Interests (as such term is defined
      in the Plan of Reorganization) arising under or in connection with PubliCARD’s
      common stock or preferred stock will receive, in exchange for their claims,
      common stock of Chazak;

     

    Whereas,
      Chazak
      has been incorporated as a wholly-owned subsidiary of PubliCARD;

     

    Whereas,
      the
      authorized capital stock of PubliCARD consists of (i) 40,000,000 shares of
      common stock, and (ii) 1,000 shares of preferred stock;

     

    Whereas,
      the
      authorized capital stock of Chazak consists of 60,000,000 shares of common
      stock; and

     

    Whereas,
      the
      officers of PubliCARD, acting pursuant to Sections 6.5(b) and 6.6(d) of the
      Plan
      of Reorganization, and the Board of Directors of Chazak have determined that
      it
      is advisable and to the advantage of said corporations that PubliCARD merge
      with
      and into Chazak upon the terms and subject to the conditions herein
      provided.

     

    Now,
      Therefore,
      the
      parties do hereby adopt and approve this Merger Agreement and do hereby agree
      that PubliCARD shall merge with and into Chazak on the following terms,
      conditions and other provisions:

     

    
      	
              I.

            	
              Terms
                and conditions

            

    

     

    A. Merger.
      PubliCARD
      shall be merged with and into Chazak (the “Merger”),
      and
      Chazak shall be the surviving corporation (the “Surviving
      Corporation”)
      effective upon the filing of a certificate of merger with each of the Delaware
      Secretary of State and the Pennsylvania Department of State (the “Effective
      Time”).

     

    B. Succession.
      At
      the
      Effective Time, Chazak shall continue its corporate existence under the laws
      of
      the State of Delaware, and the separate existence and corporate organization
      of
      PubliCARD, except insofar as it may be continued by operation of law, shall
      be
      terminated and cease.

     

    
      
         

      

      
        1.

        
          

        

      

      
         

      

       

    

    C. Transfer
      of Assets. At
      the
      Effective Time, as set forth in and subject to the Plan of Reorganization,
      all
      Assets (as such term is defined in the Plan of Reorganization) of PubliCARD
      (including, but not limited to, PubliCARD’s equity interests in any domestic or
      foreign subsidiary), wherever situated, shall vest in the Surviving
      Corporation.

     

    D. Stock
      of PubliCARD and Chazak. At
      the
      Effective Time, subject to the Plan of Reorganization, (1) each share of common
      stock of Chazak issued and outstanding immediately prior thereto shall be
      canceled and returned to the status of authorized but unissued shares without
      any further action on the part of the Constituent Corporations or their
      shareholders, and (2) except as otherwise provided in the Plan of
      Reorganization, holders of Allowed Interests (as such term is defined in the
      Plan of Reorganization) arising under or in connection with the common stock
      or
      preferred stock of PubliCARD shall receive, in exchange for their claims, fully
      paid and nonassessable shares of common stock of Chazak in accordance with
      the
      Plan of Reorganization.

     

    
      	
              II.

            	
              Charter
                documents, directors and
                officers

            

    

     

    A. Certificate
      of Incorporation and Bylaws.
      The
      Certificate of Incorporation of Chazak in effect at the Effective Time shall
      continue to be the Certificate of Incorporation of the Surviving Corporation.
      The Bylaws of Chazak in effect at the Effective Time shall continue to be the
      Bylaws of the Surviving Corporation.

     

    B. Directors.
      The
      directors designated by the Funding Party (as such term is defined in the Plan
      of Reorganization) pursuant to Section 6.2 of the Plan of Reorganization shall
      become the directors of the Surviving Corporation at and after the Effective
      Time, to serve until the expiration of their terms and until their successors
      are duly elected and have qualified.

     

    C. Officers.
      The
      officers of Chazak immediately preceding the Effective Time shall become the
      equivalent officers of the Surviving Corporation at and after the Effective
      Time
      to serve at the pleasure of its Board of Directors.

     

    
      	
              III.

            	
              Miscellaneous

            

    

     

    A. Further
      Assurances. From
      time
      to time, and when required by the Surviving Corporation or by its successors
      and
      assigns, there shall be executed and delivered on behalf of PubliCARD such
      deeds
      and other instruments, and there shall be taken or caused to be taken by it
      such
      further and other action, as shall be appropriate or necessary in order to
      vest
      or perfect in or to conform of record or otherwise, in the Surviving Corporation
      the title to and possession of all the property, interests, assets, rights,
      privileges, immunities, powers, franchises and authority of PubliCARD and
      otherwise to carry out the purposes of this Merger Agreement, and the officers
      and directors of the Surviving Corporation are fully authorized in the name
      and
      on behalf of PubliCARD or otherwise to take any and all such action and to
      execute and deliver any and all such deeds and other instruments.

     

    
      
         

      

      
        2.

        
          

        

      

      
         

      

       

    

    B. Amendment.
      At
      any
      time before the Effective Time, this Merger Agreement may be amended in any
      manner as may be determined in the judgment of the respective officers of Chazak
      and PubliCARD to be necessary, desirable, or expedient in order to clarify
      the
      intention of the parties hereto or to effect or facilitate the purpose and
      intent of this Merger Agreement.

     

    C. Abandonment
      or Deferral.
      At any
      time before the Effective Time, this Merger Agreement may be terminated and
      the
      Merger may be abandoned by the officers of either PubliCARD, Chazak, or both,
      or
      the consummation of the Merger may be deferred for a reasonable period of time
      if, in the opinion of the officers of PubliCARD and Chazak, such action would
      be
      in the best interests of such corporations. In the event of termination of
      this
      Merger Agreement, this Merger Agreement shall become void and of no effect
      and
      there shall be no liability on the part of either Constituent Corporation or
      its
      Board of Directors or shareholders with respect thereto, except that PubliCARD
      shall pay all expenses incurred in connection with the Merger or in respect
      of
      this Merger Agreement or relating thereto.

     

    D. Counterparts.
      In order
      to facilitate the filing and recording of this Merger Agreement, the same may
      be
      executed in any number of counterparts, each of which shall be deemed to be
      an
      original.

     

    
      
         

      

      
        3.

        
          

        

      

      
         

      

    

    In
      Witness Whereof,
      this
      Merger Agreement is hereby executed on behalf of each of PubliCARD and Chazak
      and attested to by their respective officers thereunto duly authorized as of
      the
      date first written above.

     

    
      	 	 	 
	 	
              PUBLICARD,
                INC.,

              a
                Pennsylvania corporation

            
	 
 	 
 	 
 
	 	By:  	/s/
              Joseph E. Sarachek
	 	
              
Joseph
              E. Sarachek, CEO

    

    
      

      	 	 	 
	 	
              CHAZAK
                VALUE CORP.,

              a
                Delaware corporation

            
	 
 	 
 	 
 
	 	By:  	/s/
              Joseph E. Sarachek
	 	
              
Joseph
              E. Sarachek, CEO

    

    
       

      
         

      

      
        4.

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