To add to Bruce Ediger's answer, and inspired by this answer, you should also add more smarts to the cleanup to guard against script termination:
#Remove the lock directory
function cleanup {
if rmdir $LOCKDIR; then
echo "Finished"
else
echo "Failed to remove lock directory '$LOCKDIR'"
exit 1
fi
}
if mkdir $LOCKDIR; then
#Ensure that if we "grabbed a lock", we release it
#Works for SIGTERM and SIGINT(Ctrl-C)
trap "cleanup" EXIT
echo "Acquired lock, running"
# Processing starts here
else
echo "Could not create lock directory '$LOCKDIR'"
exit 1
fi