Lock-Leak-Out Agreement Sample Contracts

LOCK-LEAK-OUT AGREEMENT
Lock-Leak-Out Agreement • February 6th, 2019 • KonaTel, Inc. • Communications services, nec • Delaware

THIS LOCK-UP/LEAK-OUT AGREEMENT (the “Agreement”) is made and entered into between KonaTel, Inc., a Delaware corporation (the “Company”), and the undersigned person or entity listed on the Counterpart Signature Page hereof (the “Shareholder”), effective as of January 31, 2019 (the “Effective Date”). For all purposes of this Agreement, “Shareholder” includes any “affiliate,” controlling person of Shareholder, agent, representative or other person with whom Shareholder is or may be deemed to be acting in concert in connection with any sales of Common Stock (as defined below) of the Company.

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