Certain Common Stock of ContraFect Corporation are subject to a Lock-Up Agreement Ending on 24-JAN-2015. These Common Stock will be under lockup for 180 days starting from 28-JUL-2014 to 24-JAN-2015.

Details:
The officers, directors and certain shareholders, holding an aggregate of 99% of the common stock prior to the offering have entered into a lock up agreement pursuant to which, they will not sell any shares of common stock or securities convertible into shares of common stock for a period of 180 days from the date of the closing without the prior written consent of Maxim Group LLC.