Document:

Exhibit 10.2

 

LOCK-UP AGREEMENT

 

June ___, 2015

 

Ladies and Gentlemen:

 

The undersigned is
a current or former manager, executive officer or beneficial owner of capital stock or membership interests, or securities convertible
into or exercisable or exchangeable for the capital stock or membership interests of Pro Fit Optix Holding Company, LLC, a Florida
limited liability company (the “Company”) or promissory notes, convertible at the option of the undersigned
into securities of the Parent (as defined below). The undersigned understands that the Company will merge or otherwise combine
(the “Merger”) with and, as a result, become a wholly-owned subsidiary of, PFO Global, Inc., a publicly traded
Nevada company (“Parent”), concurrently with the closing of a financing transaction by Parent (the “Funding
Transaction”). The undersigned understands that the Company, Parent and the investors in the Funding Transaction will
proceed with the Funding Transaction in reliance on this Lock-Up Agreement.

 

1.          Lock-Up.
In recognition of the benefit that the Funding Transaction will confer upon the undersigned, and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the undersigned agrees, for the benefit of the Company, Parent, and
each investor in the Funding Transaction, that, during the period beginning on the closing date of the Merger (the “Closing
Date”) and ending Four Hundred and Eighty (480) days after such date (the “Lock-Up Period”), the undersigned
will not, directly or indirectly, (i) offer, sell, offer to sell, contract to sell, hedge, pledge, sell any option or contract
to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase or sell (or announce any offer,
sale, offer of sale, contract of sale, hedge, pledge, sale of any option or contract to purchase, purchase of any option or contract
of sale, grant of any option, right or warrant to purchase or other sale or disposition), or otherwise transfer or dispose of (or
enter into any transaction or device that is designed to, or could be expected to, result in the disposition by any person at any
time in the future), any Lock-Up Securities (as defined in that certain Amended and Restated Note Extension Agreement, dated as
of the date hereof, between the Company, Parent and the undersigned, to which this Lock-Up Agreement is attached as an exhibit),
beneficially owned, within the meaning of Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), by the undersigned on the date hereof or hereafter acquired or (ii) enter into any swap or other agreement or
any transaction that transfers, in whole or in part, directly or indirectly, the economic consequence of ownership of any Lock-Up
Security, whether any such swap or transaction described in clause (i) or (ii) above is to be settled by delivery of any Lock-Up
Security (each of the foregoing, a “Prohibited Sale”).

 

2.          Leakout.
Beginning on the 181st day of the Lock-Up Period and continuing until the expiration of the Lock-Up Period (the “Leakout
Period”), the undersigned may sell up to 10% of the Lock-Up Securities beneficially owned (the “Leakout Amount”)
in any given calendar month. Notwithstanding the foregoing, such Leakout Amount shall not accrue on a cumulative basis such that
if the undersigned sells less than the Leakout Amount in any given calendar month during the Leakout Period, the unsold Leakout
Amount for such month shall not be “rolled over” into any subsequent calendar month during the Leakout Period.

 

    	 

    	 

    

 

3.          Permitted
Transfers. Notwithstanding the foregoing, the undersigned (and any transferee of the undersigned) may transfer any Lock-Up
Security: (i) as a bona fide gift or gifts, provided that prior to such transfer the donee or donees thereof agree in writing to
be bound by the restrictions set forth herein, (ii) to any trust, partnership, corporation or other entity formed for the direct
or indirect benefit of the undersigned or the immediate family of the undersigned, provided that prior to such transfer a duly
authorized officer, representative or trustee of such transferee agrees in writing to be bound by the restrictions set forth herein,
and provided further that any such transfer shall not involve a disposition for value, (iii) to non-profit organizations qualified
as charitable organizations under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, or (iv) if such transfer
occurs by operation of law, such as rules of descent and distribution, statutes governing the effects of a merger or a qualified
domestic order, provided that prior to such transfer the transferee executes an agreement stating that the transferee is receiving
and holding any Lock-Up Security subject to the provisions of this Lock-Up Agreement. For purposes hereof, “immediate family”
shall mean any relationship by blood, marriage or adoption, not more remote than first cousin.

 

4. Aditional Restriction. The
undersigned hereby agrees that in the case of a public offering of the Parent’s securities pursuant to an effective registration
statement under the Securities Act of 1933, as amended, or other offering of the Parent’s securities (whether registered
or unregistered) in which the Parent engages a placement agent (the “Subsequent Offering”), at the request of
the underwriter or placement agent engaged by the Parent in connection therewith, the undersigned will agree to not, without the
prior written consent of such underwriter or placement agent, offer, pledge, sell, contract to sell, grant any option for the sale
of, or otherwise dispose of, directly or indirectly, any securities of the Parent beneficially owned, for such period of time as
such underwriter or placement agent reasonably requests and the undersigned will enter into an agreement with the Parent or managing
underwriter or placement agent engaged by the Parent in connection with such Subsequent Offering to that effect.

 

5.          Opinion
of Counsel. Any Lock-Up Security of the undersigned shall contain a restrictive “lock-up” legend governed by the
terms of this Lock-Up Agreement, substantially in the form below. The Parent’s transfer agent shall only accept an opinion
of counsel to remove such legend.

 

“THE SECURITIES REPRESENTED BY THIS
CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON TRANSFER PURSUANT TO A LOCK-UP AGREEMENT, DATED AS OF JUNE __, 2015 BY AND BETWEEN PFO
GLOBAL, INC. AND THE HOLDER, A COPY OF WHICH MAY BE INSPECTED AT PFO GLOBAL, INC.’S PRINCIPAL OFFICE”.

 

    	 

    	 

    

 

6.          Governing
Law. This Lock-Up Agreement shall be governed by and construed in accordance with the laws of the Florida.

 

7.          Miscellaneous.
This Lock-Up Agreement will become a binding agreement among the undersigned as of the date hereof. In the event that no closing
of the Merger occurs, this Lock-Up Agreement shall be null and void. This Lock-Up Agreement (and the agreements reflected herein)
may be terminated by the mutual agreement of Parent, the undersigned and Dawson James Securities, Inc., and if not sooner terminated,
will terminate upon the expiration date of the Lock-Up Period. This Lock-Up Agreement may be duly executed by facsimile and in
any number of counterparts, each of which shall be deemed an original, and all of which together shall be deemed to constitute
one and the same instrument. Signature pages from separate identical counterparts may be combined with the same effect as if the
parties signing such signature page had signed the same counterpart.

 

[SIGNATURE PAGES FOLLOW]

 

    	 

    	 

    

 

[SIGNATURE PAGE TO LOCK-UP AGREEMENT]

 

	 	Very truly yours,
	 	 	 
	 	By:	 
	 	 	 
	 	Name:	 
	 	 	 
	 	Title:	 

 

Accepted and Agreed to:

 

PFO Global, Inc.

 

	By: 	 	 
	 	Name:	Mohit Bhansali	 
	 	Title:	President	 

 

Pro Fit Optix Holding Company, LLC

 

	By: 	 	 
	 	Name:	Tim Kinnear	 
	 	Title:	Chief Financial OfficerExhibit 10.3

 

ESCROW AGREEMENT

 

This Escrow Agreement dated this ___ day of
June, 2015 (this “Escrow Agreement”), is entered into by and among PFO GLOBAL, INC., a Nevada corporation (“Parent”);
PFO ACQUISITION CORP., a Florida corporation and wholly-owned subsidiary of Parent (“Buyer”), PRO FIT OPTIX HOLDING
COMPANY LLC, a Florida limited liability company (the “Company”) and 21ST CENTURY STRATEGIC INVESTMENT PLANNING,
LC (“Account Advisor”) (Parent, Buyer, Company and Account Advisor are each a “Party” and together
are “Parties”) and Equity Stock Transfer LLC, a Nevada limited liability company, as escrow agent (“Escrow
Agent”).  Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Merger
Agreement (defined below). 

 

RECITALS

 

WHEREAS, the Parent, the Buyer and the
Company have or will enter into that certain Agreement and Plan of Merger (the “Merger Agreement”) pursuant to the
terms of a Letter of Intent dated as of May 14, 2015, providing, among other things, for the acquisition of Company by Buyer (the
“Merger”);

 

WHEREAS, pursuant to the terms of the
Merger Agreement, the Company has merged or will merge with and into the Buyer with the Company as the surviving company and wholly
owned subsidiary of the Parent;

 

WHEREAS, execution and delivery of this
Escrow Agreement, amendment of the Parent’s Series A Convertible Preferred Stock (the “Preferred Stock”), substantially
in the form of Exhibit A annexed hereto, and the Cancellation and Exchange Agreement, substantially in the form of Exhibit
B annexed hereto (the “Exchange Agreement”) is a closing condition to the closing of the Merger under the Merger
Agreement;

 

WHEREAS, pursuant to the Merger Agreement,
Parent has or shall deliver to the Escrow Agent, 23.98893367 shares of Preferred Stock (the “Escrow Shares”) which
shall be convertible into an aggregate of Two Million Five Hundred Thousand (2,500,000) shares of Parent’s common stock,
par value $0.0001 per share (the “Common Stock”), issued in the name of Escrow Agent, to be held for a period of up
to eighteen (18) months following the Closing Date of the Merger (the “Escrow Period”), to converted and/or transferred,
in whole or in part, upon the written instructions of Account Advisor as provided herein;

 

WHEREAS, the Parties hereto acknowledge
that the Escrow Agent and Account Advisor are not a party to, are not bound by, and have no duties or obligations under the Merger
Agreement, the Exchange Agreement, the Preferred Stock and are not fiduciaries to and owe no duties to Parent, Company or Buyer
(the “Reference Parties”), and all references in this Escrow Agreement to the Reference Parties or such Agreements
are for convenience only, and that the Reference Parties shall have no express or implied duties or responsibilities beyond the
express duties set forth in this Escrow Agreement, and shall be indemnified and held harmless against any and all damages, claims,
liabilities, expenses, costs and impositions (including the cost of investigation and reasonable attorneys fees) in connection
with their activities hereunder; and

 

WHEREAS, the Parent has agreed to appoint
Escrow Agent to hold the Escrow Shares in escrow, and Escrow Agent agrees to hold and distribute the Escrow Shares, in accordance
with the terms and provisions of this Escrow Agreement.

 

    	 

    	 

    

 

NOW, THEREFORE, in consideration of
the promises and agreements of the Parties and for other good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, the Parties and Escrow Agent agree as follows:

 

ARTICLE 1

ESCROW
DEPOSIT

 

Section 1.1          Appointment
of Escrow Agent and Account Advisor. The Parent hereby designates and appoints Escrow Agent as their agent to receive,
hold in escrow, and disburse the Escrow Shares in accordance with the term of this Escrow Agreement, and Escrow Agent accepts such
appointment. 21st Century Strategic Investment Planning, LC is hereby designated and appointed initial Account Advisor.
Account Advisor may resign, and be removed and replaced, only by Parent, upon ten (10) days prior written notice to the Parties.

 

Section 1.2          Receipt
and Deposit of the Escrow Shares; Commencement of Duties; Dividends and Distributions.

 

(a)          Receipt
and Deposit of the Escrow Shares; Commencement of Duties.

 

(i)          Upon
execution hereof, Parent shall issue and deliver to Escrow Agent stock certificates (the “Certificates”) representing
the Escrow Shares, to be transferred and assigned by the registered holder of Preferred Stock to Escrow Agent, and Escrow Agent
shall promptly acknowledge receipt of the Certificates. Upon receipt of the Escrow Shares by the Escrow Agent, the duties and obligations
of the Escrow Agent and the Parties to this Agreement shall commence. 

 

(ii)         The
Escrow Shares shall be delivered to Escrow Agent free and clear of all liens, claims and encumbrances (except as may be created
by this Escrow Agreement and the Merger Agreement or otherwise provided for by state and federal securities laws). 

 

(b)          Dividends
and Distributions. All dividends and distributions declared by Parent on the Escrow Shares and payable to Parent’s shareholders
of record (“Dividends and Distributions”) at any time after the date hereof until the Termination Date (as defined
below), shall be payable to the Escrow Agent, as record holders of the Escrow Shares, and will be deposited with Escrow Agent as
additional Escrow Shares (or the appropriate adjustment to the conversion ratio of the Preferred Stock shall be made by the Parent
and Escrow Agent on its books and records) to be held and distributed by Escrow Agent in accordance with this Escrow Agreement.
If Parent declares a stock split, subdivision, combination, reclassification or any other change in its capital structure affecting
the Escrow Shares, the certificates or other instruments relating thereto shall be immediately deposited by Parent with Escrow
Agent as additional Escrow Shares (or the appropriate adjustment to the conversion ratio of the Preferred Stock shall be made by
the Parent and Escrow Agent on its books and records) to be held and distributed by Escrow Agent in accordance with this Escrow
Agreement.

 

(c)          Certain
Rights. The Preferred Stock is non-voting. Notwithstanding anything to the contrary contained herein and for so long as the
Escrow Shares remain in escrow, neither the Escrow Agent nor any other party shall have the right to vote any Escrow Shares that
are held by Escrow Agent. Upon transfer of any Escrow Shares as provided herein, Parent shall automatically and without further
action on the part of recipient or Escrow Agent, convert such Preferred Stock into such number of shares of Common Stock as such
Preferred Stock is then convertible, and issue to such transferee one or more certificates representing only Common Stock.

 

    	 

    	 

    

 

(d)          Deposit
of Escrow Shares.     The Parties agree that Escrow Agent, in connection with any Certificate deposited pursuant
to Section 1.2(a), shall have (i) no responsibility to monitor the value of the Escrow Shares; (ii) no responsibility to collect
Dividends and Distributions; (iii) no responsibility to sell or otherwise trade the Escrow Shares, but shall otherwise deliver
the Escrow Shares on written instructions only; and (iv) no responsibility to ensure the legality of the registration of the Escrow
Shares.

 

Section 1.3          Disbursements.

 

(a)          Upon
the earlier of termination of this Escrow Agreement pursuant to Section 1.6 hereof or joint written instructions from Account
Advisor, Escrow Agent shall release from the Escrow Shares pursuant to such instructions any portion of the Escrow Shares along
with any necessary Stock Powers deposited with the Escrow Shares in order to effectuate the transfer of such Escrow Shares or any
portion thereof in accordance with the foregoing written instructions, including, without limitation, any Indemnification Obligation
(as defined herein) or Escrow Costs (as defined herein), which shall take precedence and be effectuated prior to any other instructions
to Escrow Agent in order to assure all Indemnification Obligations and Escrow Costs may be paid or provided for, in full, by any
party entitled thereto. Account Advisor shall promptly provide joint written instructions for Indemnification Obligations and Escrow
Costs, in the event of any such claim or threatened claim, to Escrow Agent. 

 

Section 1.4          Termination.
     This Escrow Agreement shall terminate on the eighteen (18) month anniversary of the closing date of the
Merger (the “Termination Date”), at which time Escrow Agent shall return any undisbursed Escrow Shares to the
Parent for cancellation and this Escrow Agreement shall be of no further force and effect except that the provisions of Sections
3.1 and 3.2 and any and all rights of the Parties to be paid Indemnification Obligations or Escrow Costs shall survive
termination. On the Termination Date, unless transferred in accordance with the terms hereof, the Preferred Stock, by its terms,
without any further action by the Escrow Agent or the parties hereto, shall cancel and be of no further force or effect.

 

ARTICLE 2

DUTIES OF THE ESCROW AGENT

 

Section 2.1         Scope
of Responsibility.     Notwithstanding any provision to the contrary, Escrow Agent is obligated only to
perform the duties specifically set forth in this Escrow Agreement, which shall be deemed purely ministerial in nature. Under no
circumstances will Escrow Agent be deemed to be a fiduciary to any Party or any other person under this Escrow Agreement. Escrow
Agent will not be responsible or liable for the failure of any Party to perform in accordance with this Escrow Agreement. Escrow
Agent shall neither be responsible for, nor chargeable with, knowledge of the terms and conditions of any other agreement, instrument,
or document other than this Escrow Agreement, whether or not an original or a copy of such agreement has been provided to Escrow
Agent; and Escrow Agent shall have no duty to know or inquire as to the performance or nonperformance of any provision of any such
agreement, instrument, or document. References in this Escrow Agreement to any other agreement, instrument, or document are for
the convenience of the Parties, and Escrow Agent has no duties or obligations with respect thereto. This Escrow Agreement sets
forth all matters pertinent to the escrow contemplated hereunder, and no additional obligations of Escrow Agent shall be inferred
or implied from the terms of this Escrow Agreement or any other agreement.

 

    	 

    	 

    

 

Section 2.2          Attorneys
and Agents.   Escrow Agent shall be entitled to rely on and shall not be liable for any action taken or omitted to
be taken by Escrow Agent in accordance with the advice of counsel or other professionals retained or consulted by Escrow Agent.
Escrow Agent shall be reimbursed as set forth in Section 3.1 herein for any and all reasonable compensation (fees, expenses
and other costs) paid and/or reimbursed to such counsel and/or professionals. Escrow Agent may perform any and all of its duties
through its agents, representatives, attorneys, custodians, and/or nominees.

 

Section 2.3          Reliance.
  Escrow Agent shall not be liable for any action taken or not taken by it in accordance with the direction or consent of
the Parties or their respective agents, representatives, successors, or assigns. Escrow Agent shall not be liable for acting or
refraining from acting upon any notice, request, consent, direction, requisition, certificate, order, affidavit, letter, or other
paper or document believed by it to be genuine and correct and to have been signed or sent by the proper person or persons, without
further inquiry into the person’s or persons’ authority.

 

Section 2.4          Right
Not Duty Undertaken. The permissive rights of Escrow Agent to do things enumerated in this Escrow Agreement shall not be
construed as duties.

 

Section 2.5          No
Financial Obligation. No provision of this Escrow Agreement shall require Escrow Agent to risk or advance its own funds
or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of
its rights under this Escrow Agreement.

 

ARTICLE 3

PROVISIONS CONCERNING ESCROW AGENT AND REFERENCE PARTIES

 

Section 3.1          Indemnification.
The Parties, jointly and severally, shall indemnify, defend and hold harmless Reference Parties from and against any and all loss,
liability, cost, damage and expense, including, without limitation, reasonable attorneys’ fees and expenses or other professional
fees and expenses which any of the Reference Parties (individually or collectively) may suffer or incur by reason of any action,
claim or proceeding brought against the Reference Parties, arising out of or relating in any way to this Escrow Agreement or any
transaction to which this Escrow Agreement relates (including the rights provided in Section 3.9 hereof, the “Indemnification
Obligation”), unless such loss, liability, cost, damage or expense shall have been finally adjudicated to have been directly
caused by the willful misconduct or gross negligence of such indemnified Reference Party. The provisions of this Section 3.1
shall survive the resignation or removal of a Reference Party and the termination of this Escrow Agreement.

 

Section 3.2        Limitation
of Liability. REFERENCE PARTIES SHALL NOT BE LIABLE, DIRECTLY OR INDIRECTLY, FOR ANY (I) DAMAGES, LOSSES OR EXPENSES ARISING
OUT OF THE SERVICES PROVIDED HEREUNDER, OTHER THAN DAMAGES, LOSSES OR EXPENSES WHICH HAVE BEEN FINALLY ADJUDICATED TO HAVE DIRECTLY
RESULTED FROM REFERENCE PARTY’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT, OR (II) SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES
OR LOSSES OF ANY KIND WHATSOEVER (INCLUDING WITHOUT LIMITATION LOST PROFITS), EVEN IF REFERENCE PARTY HAS BEEN ADVISED OF THE POSSIBILITY
OF SUCH LOSSES OR DAMAGES AND REGARDLESS OF THE FORM OF ACTION.

 

    	 

    	 

    

 

Section 3.3           Resignation
or Removal. Escrow Agent may resign by furnishing written notice of its resignation to Parent, and Parent may remove Escrow
Agent by furnishing to the Escrow Agent a written notice of its removal along with payment of all fees and expenses to which it
is entitled through the date of termination. Such resignation or removal, as the case may be, shall be effective thirty (30) days
after the delivery of such notice or upon the earlier appointment of a successor, and Escrow Agent’s sole responsibility
thereafter shall be to safely keep the Escrow Shares and to deliver the same to a successor escrow agent as shall be appointed
by the Parent, as evidenced by a joint written notice filed with Escrow Agent or in accordance with a court order. If the Parent
has failed to appoint a successor escrow agent prior to the expiration of thirty (30) days following the delivery of such notice
of resignation or removal, Escrow Agent may petition any court of competent jurisdiction for the appointment of a successor escrow
agent or for other appropriate relief, and any such resulting appointment shall be binding upon the Parties.

 

Section 3.4          Compensation;
Escrow Shares Liens. Reference Parties shall be entitled to compensation for its services as stated in the fee schedule
attached hereto as Exhibit C, which compensation shall be paid by Parent, or from the proceeds of sale and/or transfer of
any Escrow Shares therefore, which shall be the right of Reference Parties to authorize in the event not timely paid (within thirty
(30) days) by Parent. The Parties agree that Parent shall be responsible for one hundred percent (100%) of the expenses or other
amounts owed to Reference Parties hereunder. The fee agreed upon for the services rendered hereunder is intended as full compensation
for services as contemplated by this Escrow Agreement; provided, however, that in the event that the conditions for
the disbursement of funds under this Escrow Agreement are not fulfilled, or Escrow Agent renders any service not contemplated in
this Escrow Agreement, or there is any assignment of interest in the subject matter of this Escrow Agreement, or any material modification
hereof, or if any material controversy arises hereunder, or Reference Parties are made a party to any litigation pertaining to
this Escrow Agreement, the Merger or the subject matter hereof, then Escrow Agent shall be compensated for such extraordinary services
and reimbursed for all reasonable costs and expenses, including reasonable attorneys’ fees and expenses, occasioned by any
such delay, controversy, litigation or event. Escrow Agent shall have, and is hereby granted, a prior lien and security interest
upon the Escrow Shares with respect to its unpaid fees, non-reimbursed expenses and unsatisfied indemnification rights (collectively,
the “Escrow Costs”), superior to the interests of any other persons or entities and is hereby granted the right to
set off and deduct any unpaid fees, non-reimbursed expenses and unsatisfied indemnification rights from the Escrow Shares. Reference
Parties other than the Escrow Agent shall have, and are hereby granted, a junior lien and security interest upon the Escrow Shares
with respect to its unpaid fees, non-reimbursed expenses and unsatisfied indemnification rights, superior to the interests of any
other persons or entities and is hereby granted other than Escrow Agent, the right to set off and deduct any unpaid fees, non-reimbursed
expenses and unsatisfied indemnification rights from the Escrow Shares, which right shall in all respects be junior to the rights
of Escrow Agent. The provisions of this Section 3.4 shall survive the resignation or removal of a Reference Party and the
termination of this Escrow Agreement.

 

    	 

    	 

    

 

Section 3.5          Disagreements.
If any conflict, disagreement or dispute arises between, among, or involving any of the parties hereto concerning the meaning or
validity of any provision hereunder or concerning any other matter relating to this Escrow Agreement, or Escrow Agent is in doubt
as to the action to be taken hereunder, Escrow Agent is authorized to retain the Escrow Shares until Escrow Agent (a) receives
a final non-appealable order of a court of competent jurisdiction or a final non-appealable arbitration decision directing delivery
of the Escrow Shares, (b) receives a written agreement executed by each of the parties involved in such disagreement or dispute
directing delivery of the Escrow Shares, in which event Escrow Agent shall be authorized to disburse the Escrow Shares in accordance
with such final court order, arbitration decision, or agreement, or (c) files an interpleader action in any court of competent
jurisdiction, and upon the filing thereof, Escrow Agent shall be relieved of all liability as to the Escrow Shares and shall be
entitled to recover attorneys’ fees, expenses and other costs incurred in commencing and maintaining any such interpleader
action. Escrow Agent shall be entitled to act on any such agreement, court order, or arbitration decision without further question,
inquiry, or consent.

 

Section 3.6         Merger
or Consolidation. Any corporation or association into which Escrow Agent may be converted or merged, or with which it may
be consolidated, or to which it may sell or transfer all or substantially all of its corporate trust business and assets as a whole
or substantially as a whole, or any corporation or association resulting from any such conversion, sale, merger, consolidation
or transfer to which Escrow Agent is a party, shall be and become the successor escrow agent under this Escrow Agreement and shall
have and succeed to the rights, powers, duties, immunities and privileges as its predecessor, without the execution or filing of
any instrument or paper or the performance of any further act.

 

Section 3.7          Attachment
of Escrow Shares; Compliance with Legal Orders. In the event that any of the Escrow Shares shall be attached, garnished
or levied upon by any court order, or the delivery thereof shall be stayed or enjoined by an order of a court, or any order, judgment
or decree shall be made or entered by any court order affecting the Escrow Shares, Escrow Agent is hereby expressly authorized,
in its sole discretion, to respond as it deems appropriate or to comply with all writs, orders or decrees so entered or issued,
or which it is advised by legal counsel of its own choosing is binding upon it, whether with or without jurisdiction. In the event
that Escrow Agent obeys or complies with any such writ, order or decree it shall not be liable to any of the Parties or to any
other person, firm or corporation, should, by reason of such compliance notwithstanding, such writ, order or decree be subsequently
reversed, modified, annulled, set aside or vacated.

 

Section 3.8         Force
Majeure. Escrow Agent shall not be responsible or liable for any failure or delay in the performance of its obligation
under this Escrow Agreement arising out of or caused, directly or indirectly, by circumstances beyond its reasonable control, including,
without limitation, acts of God; earthquakes; fire; flood; wars; acts of terrorism; civil or military disturbances; sabotage; epidemic;
riots; interruptions, loss or malfunctions of utilities, computer (hardware or software) or communications services; accidents;
labor disputes; acts of civil or military authority or governmental action; it being understood that Escrow Agent shall use commercially
reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as reasonably
practicable under the circumstances.

 

Section 3.9          Additional
Indemnification Rights. Subject to the coverage of any insurance or tail policy obtained by Parent with respect to such
persons, any person who has at any time on or prior to the Merger, served as an officer, director, advisor, attorney, auditor,
accountant, consultant or otherwise rendered services to or on behalf of the Parent or Buyer (as third party intended beneficiaries),
shall have the rights of Reference Parties to Indemnification as if specifically described in Section 3.4 hereof, as if named herein,
and shall hold a junior lien and security interest on the Escrowed Shares in order to satisfy such Indemnification Obligations.
The provisions of this Section 3.9 shall survive the resignation or removal of a Reference Party and the termination of
this Escrow Agreement.

 

    	 

    	 

    

 

ARTICLE 4

MISCELLANEOUS

 

Section 4.1          Successors
and Assigns. This Escrow Agreement shall be binding on and inure to the benefit of the Parties and Escrow Agent and their
respective successors and permitted assigns. No other persons shall have any rights under this Escrow Agreement. No assignment
of the interest of any of the Parties shall be binding unless and until written notice of such assignment shall be delivered to
the other Party and Escrow Agent and shall require the prior written consent of the other Party and Escrow Agent (such consent
not to be unreasonably withheld).

 

Section 4.2         Escheat.
The Parties are aware that under applicable state law, property which is presumed abandoned may under certain circumstances escheat
to the applicable state. Escrow Agent shall have no liability to the Parties, their respective heirs, legal representatives, successors
and assigns, or any other party, should any or all of the Escrow Shares escheat by operation of law.

 

Section 4.3         Notices.  All
notices, requests, demands, and other communications required under this Escrow Agreement (each, a “Notice”) shall
be in writing, in English, and shall be deemed to have been duly given if delivered (a) personally, (b) by facsimile transmission
with written confirmation of receipt, (c) by overnight delivery with a reputable national overnight delivery service, or (d) by
mail or by certified mail, return receipt requested, and postage prepaid. If any Notice is mailed, it shall be deemed given five
business days after the date such notice is deposited in the United States mail. Any Notice given shall be deemed given upon the
actual date of such delivery. If any Notice is given to a party, it shall be given at the address for such party set forth below.
It shall be the responsibility of the Parties to notify Escrow Agent and the other Party in writing of any name or address changes.
In the case of any Notice delivered to Escrow Agent, such Notice shall be deemed to have been given on the date received by the
Escrow Agent.

 

If to Parent or Buyer:

 

PFO Global, Inc./PFO Acquisition Corp.

3501-B N. Ponce de Leon Blvd., #393,
St. Augustine, FL 32084

Attention: Chief Executive Officer

 

 

If to Company:

 

Pro Fit Optix Holding
Company LLC

7501 Esters Blvd.
Suite 100

Irvine TX, 76051

817-251-4333

Attention: Chief
Executive Officer

 

    	 

    	 

    

 

If to Escrow Agent:

 

Equity Stock Transfer, LLC

237 W. 37th Street, Ste.
601

New York, NY 10018

Attention: Nora Marckwordt, Senior
Operations Specialist

Facsimile: (347) 584-3644

 

If to Account Advisor:

 

21st Century Strategic Investment Planning,
LC

Allan R LYONS, Managing Member

6471 Enclave Way

Boca Raton, Florida 33496

 

Section 4.4          Governing
Law. This Escrow Agreement shall be governed by and construed in accordance with the internal laws of the State of New
York without reference to conflicts of laws principles.

 

Section 4.5          Entire
Agreement. This Escrow Agreement, sets forth the entire agreement and understanding of the parties related to the Escrow
Shares.

 

Section 4.6         Amendment.
This Escrow Agreement may be amended, modified, superseded, rescinded, or canceled only by a written instrument executed by the
Parties and Escrow Agent.

 

Section 4.7         Waivers.
The failure of any party to this Escrow Agreement at any time or times to require performance of any provision under this Escrow
Agreement shall in no manner affect the right at a later time to enforce the same performance. A waiver by any party to this Escrow
Agreement of any such condition or breach of any term, covenant, representation, or warranty contained in this Escrow Agreement,
in any one or more instances, shall neither be construed as a further or continuing waiver of any such condition or breach nor
a waiver of any other condition or breach of any other term, covenant, representation, or warranty contained in this Escrow Agreement.

 

Section 4.8         Headings.
Section headings of this Escrow Agreement have been inserted for convenience of reference only and shall in no way restrict or
otherwise modify any of the terms or provisions of this Escrow Agreement.

 

Section 4.9          Counterparts.
This Escrow Agreement may be executed in one or more counterparts, each of which when executed shall be deemed to be an original,
and such counterparts shall together constitute one and the same instrument. Counterparts delivered by facsimile, e-mail or other
electronic transmission shall be deemed to have the same legal effect as delivery of an original signed copy of this Agreement.

 

    	 

    	 

    

 

Section
4.10        Representation. This Escrow Agreement has been executed voluntarily and without any duress or undue influence
on the part of any of the Escrow Agent or the Parties hereto. The Escrow Agent and the Parties hereto acknowledge that (i) they
have read this Escrow Agreement, (ii) they have been represented in the negotiation and execution of this Escrow Agreement by legal
counsel of their choice, (iii) they fully understand the terms and consequences of this Escrow Agreement including the releases
it contains, and (iv) they are fully aware of the legal and binding effect of this Escrow Agreement. The Escrow Agent and the Parties
recognize and acknowledge that Sichenzia Ross Friedman Ference LLP has separately represented the Escrow Agent and the Parent in
connection with various legal matters (including with respect to financings transactions for the Company) and each of the Parties
and the Escrow Agent waive any conflict of interest in connection therewith

 

[The remainder of this page left intentionally
blank.]

 

    	 

    	 

    

 

IN WITNESS WHEREOF,
this Escrow Agreement has been duly executed as of the date first written above.

 

	 	PARENT:
	 	 
	 	PFO GLOBAL, INC.
	 	 	 
	 	By:	/s/ Thomas Rickards
	 	Name:	Thomas Rickards
	 	Title:	Authorized Person
	 	 	 
	 	BUYER:
	 	 
	 	PFO ACQUISITION CORP.
	 	 	 
	 	By:	 /s/ Mohit Bhansali
	 	Name:	Mohit Bhansali
	 	Title:	Chief Executive Officer
	 	 	 
	 	COMPANY:
	 	 
	 	PRO FIT OPTIX HOLDING COMPANY LLC
	 	 	 
	 	By:	/s/ Timothy W. Kinnear
	 	Name:	Timothy W. Kinnear
	 	Title:	Chief Financial Officer
	 	 	 
	 	ESCROW AGENT:
	 	 
	 	EQUITY STOCK TRANSFER LLC
	 	 	 
	 	By:	/s/ Nora Marckwordt
	 	Name:	Nora Marckwordt
	 	Title:	Director of Operations

 

AGREED AND ACCEPTED:

 

ACCOUNT ADVISOR:

 

21st CENTURY STRATEGIC INVESTMENT
PLANNING LC

 

	By:	/s/
    Allan R. Lyons 	 
	Name: 	Allan R. Lyons	 
	Title:	Managing Member	 

 

    	 

    	 

    

 

EXHIBIT A

 

PREFERRED STOCK

 

    	 

    	 

    

 

EXHIBIT B

 

CANCELLATION
AND EXCHANGE AGREEMENT

 

    	 

    	 

    

 

EXHIBIT C

 

FEES

 

		·	Escrow Agent - $7,500 upon execution of
this Agreement or closing of the Merger, plus $100.00 per hour following the execution of the Escrow Agreement.

 

		·	Account Advisor – 10,000 restricted
shares of common stock of PFO Global, Inc.

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