LOCK-UP AGREEMENTLock-Up Agreement • June 30th, 2005 • Fw Preferred Capital Trust I • Heavy construction other than bldg const - contractors • New York
THIS LOCK-UP AGREEMENT (this “Agreement”) dated as of June 27, 2005, is entered into among Foster Wheeler Ltd., a Bermuda company (“Company”) and the securityholders named on Schedule I hereto, as such Schedule I is amended from time to time (collectively, the “Securityholders”), with respect to the 9.00% Preferred Securities, Series I issued by FW Preferred Capital Trust I (Liquidation Amount of $25 per trust security) and guaranteed by the Company (the “Trust Securities”) owned by the Securityholders.
