SEC Filing Document

Company: Jones Ventures INTL Acquisition1 Corp
Ticker: 
CIK: 2129056
Filing Type: S-1
Document Type: EX-10.4
Date Filed: 2026-05-15
Accession Number: 0001213900-26-057072
Exchange: 
SIC Code: 6770
SIC Description: Blank Checks
URL: https://www.sec.gov/Archives/edgar/data/2129056/000121390026057072/ea028579202ex10-4.htm

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and each Insider agree not to Transfer any Founder Shares or the Class A Ordinary Shares issuable upon conversion of the Founder Shares held by it, him or her until the earlier of (i) one year after the completion of our initial business combination or (ii) the date following the completion of our initial business combination on which we complete a liquidation, merger, share exchange or other similar transaction that results in all of our shareholders having the right to exchange their ordinary shares for cash, securities or other property. Notwithstanding the foregoing, if the closing price of our Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after our initial business combination, the founder shares will be released from the lockup.

(b) Subject to the exceptions
set forth herein, the Sponsor and each Insider agree not to Transfer any Private Placement Units (including the Private Placement Rights,
the Private Placement Shares and the Class A Ordinary Shares issuable upon conversion of the Private Placement Rights) held by it, he
or she until thirty (30) days after the completion of a Business Combination.

(c) Notwithstanding the provisions
set forth in paragraphs 8(a) and 8(b), transfers of the Founder Shares (including the Class A Ordinary Shares issued or issuable upon
the conversion of the Founder Shares) and Private Placement Units (including the Private Placement Rights, the Private Placement Shares
and the Class A Ordinary Shares issuable upon conversion of the Private Placement Rights) that are held by the Sponsor, any Insider or
any of their permitted transferees, as applicable (that have complied with any applicable requirements of this paragraph 8(c)), are permitted
(i) to the Company’s or the Representative’s officers, directors, advisors or consultants, any affiliate or family member
of any of the Company’s or the Representative’s officers, directors, advisors or consultants, any members or partners of the
Sponsor or their affiliates and funds and accounts advised by such members or partners, any affiliates of the Sponsor, or any employees
of such affiliates, (ii) in the case of an individual, as a gift to such person’s immediate family or to a trust, the beneficiary
of which is a member of such person’s immediate family, an affiliate of such person or to a charitable organization; (iii) in the
case of an individual, by virtue of laws of descent and distribution upon death of such person; (iv) in the case of an individual, pursuant
to a qualified domestic relations order; (v) by private sales or transfers made in connection with any forward purchase agreement or similar
arrangement, in connection with an extension of the Completion Window or in connection with the consummation of a Business Combination
at prices no greater than the price at which the shares or rights were originally purchased; (vi) pro rata distributions from the Sponsor
or the Representative to its respective members, partners or shareholders pursuant to the Sponsor’s or the Representative’s
limited liability company agreement or other charter documents; (vii) by virtue of the laws of the Cayman Islands or the Sponsor’s
limited liability company agreement upon dissolution of the Sponsor or upon dissolution of the Representative, (viii) in the event of
the Company’s liquidation prior to consummation of a Business Combination; (ix) in the event that, subsequent to the consummation
of a Business Combination, the Company completes a liquidation, merger, share exchange or other similar transaction which results in all
of its shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property or (x) to a nominee
or custodian of a person or entity to whom a transfer would be permissible under clauses (i) through (vii); provided, however,
that, in the case of clauses (i) through (vii), these permitted transferees must enter into a written agreement agreeing to be bound by
these transfer restrictions herein and the other restrictions contained in this Agreement (including provisions relating to voting, the
Trust Account and liquidating distributions).

9. Each Insider’s biographical
information furnished to the Company and the Representative that is included in the Prospectus is true and accurate in all respects and
does not omit any material information with respect to such Insider’s background and contains all of the information required to
be disclosed pursuant to Item 401 of Regulation S-K, promulgated under the Securities Act. Each Insider’s questionnaire furnished
to the Company and the Representative including any such information that is included in the Prospectus is true and accurate in all respects.
Each Insider represents and rights that: (i) such Insider is not subject to or a respondent in any legal action for, any injunction, cease-and-desist
order or order or stipulation to desist or refrain from any act or practice relating to the offering of securities in any jurisdiction;
(ii) such Insider has never been convicted of, or pleaded guilty to, any crime (A) involving fraud, (B) relating to any financial transaction
or handling of funds of another person or (C) pertaining to any dealings in any securities and such Insider is not currently a defendant
in any such criminal proceeding; and (iii) none of the Sponsor or any such Insider has ever been suspended or expelled from membership
in any securities or commodities exchange or association or had a securities or commodities license or registration denied, suspended
or revoked.

10. The Sponsor and each
Insider has full right and power, without violating any agreement to which it, he or she is bound (including, without limitation, any
non-competition or non-solicitation agreement with any employer or former employer), to enter into this Letter Agreement and, as applicable,
to serve as an officer of the Company or as a director on the board of directors of the Company and each Insider hereby consents to being
named in the Prospectus as an officer and/or director of the Company, as applicable.

11. As used herein, (i) “Business
Combination” shall mean a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar
business combination, involving the Company and one or more businesses or entities; (ii) “Founder Shares” shall
mean the Class B Ordinary Shares held by the Sponsor prior to the consummation of the Public Offering; (iii) “Private Placement
Shares” shall mean the 645,000 Class A Ordinary Shares (including if the underwriters’ over-allotment option is exercised
in full) comprising part of the Private Placement Units; (v) “Private Placement Rights” shall mean the 645,000
rights (including if the underwriters’ over-allotment option is exercised in full) comprising part of the Private Placement Units;
(iv) “Private Placement Units” shall mean the an aggregate of 645,000 private placement units (including if
the underwriters’ over-allotment option is exercised in full) that the Representative and Sponsor have agreed to purchase for an
aggregate purchase price of $6,450,000 (including if the underwriters’ over-allotment option is exercised in full), or $10.00 per
unit, in a private placement that shall occur simultaneously with the consummation of the Public Offering; (v) “Public Shareholders”
shall mean the holders of Offering Shares other than the Sponsor and the Insiders; (vi) “Trust Account” shall
mean the trust fund into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Units shall
be deposited; and (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell,
hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment
or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of
Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with any respect to, any security,
(b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership
of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement
of any intention to effect any transaction specified in clause (a) or (b).

12. This Letter Agreement
constitutes the entire agreement and understanding of the parties hereto in respect of the subject matter hereof and supersedes all prior
understandings, agreements or representations by or among the parties hereto, written or oral, to the extent they relate in any way to
the subject matter hereof or the transactions contemplated hereby. This Letter Agreement may not be changed, amended, modified or waived
(other than to correct a typographical error) as to any particular provision, except by a written instrument executed by all parties hereto.
Each of the parties hereto hereby acknowledges and agrees that each Representative is a third-party beneficiary of this Letter Agreement.