Certain Common Stock of Towerstream Corporation are subject to a Lock-Up Agreement Ending on 15-DEC-2016. These Common Stock will be under lockup for 90 days starting from 16-SEP-2016 to 15-DEC-2016. Details: The company, its executive officers and directors have agreed not to dispose of or hedge any shares of common stock or securities convertible into or exercisable or exchangeable for common stock for a period of 90 days after the date of the prospectus without the prior written consent of the Laidlaw & Company (UK) Ltd.