Charter Urs Llc Sample Contracts

Charter Urs Llc – LOCKUP AGREEMENT (December 17th, 1998)

Exhibit 4 LOCKUP AGREEMENT This LOCKUP AGREEMENT (this "Agreement") is made as of November 19, 1998 between Edward T. Sheehan (the "Stockholder") and Charter URS LLC ("Charterhouse"). WHEREAS, the Stockholder beneficially owns shares of Common Stock, par value $.001 per share (the "Common Stock") of United Road Services, Inc. (the "Company") and options to purchase shares of Common Stock of the Company; WHEREAS, the Company and Charterhouse have entered into the Purchase Agreement, dated of even date herewith (the "Purchase Agreement"), pursuant to which the Company is issuing and selling $43,500,000 aggregate principal amount of 8% Convertible Subordinated Debentures due 2008, of the Company (the "Debentures") to Charterhouse at the First Closing (as defined in the Purchase Agreement) and, subject to the approval of the stockholders of the Company, the C