DALJAMA INC
10SB12G, EX-10.1, 2000-09-01
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EXHIBIT 10.1

March 27 2000



DALJAMA, INC.
1353 Middleton Dr.
Cedar Hill, Texas 75104

    Re:   Shareholder Agreement with Daljama, Inc.

   Gentlemen:

    In consideration of the sale of the shares of Common Stock of Daljama,  Inc.
(the  "Company")  to  the  undersigned  (the  "Holders"),   the  Holders  hereby
represent,  warrants,  covenants and agrees,  for the benefit of the Company and
any  holders  of record  (the  "third  party  beneficiaries")  of the  Company's
outstanding  securities,  including the Company's Common Stock,  $.001 par value
(the  "Stock")  at the date  hereof  and  during  the  pendency  of this  letter
agreement,  that the Holders will not transfer,  sell, contract to sell, devise,
gift, assign, pledge, hypothecate, distribute or grant any option to purchase or
otherwise dispose of, directly or indirectly, its shares of Stock of the Company
owned  beneficially  or otherwise by the Holders  except in  connection  with or
following completion of a merger,  acquisition or other transaction of or by the
Company  meeting  the  definition  of a business  combination  as defined in the
Company's  registration  statement on Form 10-SB or otherwise complying with the
purposes of the Company as set out in the registration statement.

          Any attempted sale, transfer or other disposition in violation of this
letter agreement shall be null and void.

    The Holder  further  agrees that the Company (i) may  instruct  its transfer
agent not to  transfer  such  securities  (ii) may provide a copy of this letter
agreement to the Company's  transfer  agent for the purpose of  instructing  the
Company's transfer agent to place a legend on the certificate(s)  evidencing the
securities subject hereto and disclosing that any transfer,  sale,  contract for
sale, devise,  gift,  assignment,  pledge or hypothecation of such securities is
subject to the terms of this letter agreement and (iii) may issue  stop-transfer
instructions  to its transfer agent for the period  contemplated  by this letter
agreement for such securities.

    This letter agreement shall be binding upon the Holders, its agents,  heirs,
successors, assigns and beneficiaries.

    Any waiver by the Company of any of the terms and  conditions of this letter
agreement in any instance  shall be in writing and shall be duly executed by the
Company  and the Holder and shall not be deemed or  construed  to be a waiver of
such term or condition for the future, or of any subsequent breach thereof.

          Agreed and accepted this 27th day of March, 2000.

                        THE HOLDER

                                 By: _________________________
                                      President










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