Document:

Exhibit 10.8

 

LOCK-UP AGREEMENT

 

June 30, 2015

 

Each Purchaser referenced below:

 

		Re:	Securities Purchase Agreement, dated as of June 30, 2015 (the “Purchase Agreement”),
between PFO Global, Inc., a Nevada corporation (the “Company”), and the purchasers signatory thereto (each,
a “Purchaser” and, collectively, the “Purchasers”)

 

Ladies and Gentlemen:

 

Defined terms
not otherwise defined in this letter agreement (the “Letter Agreement”) shall have the meanings set forth in
the Purchase Agreement. The undersigned agrees with the Company that, from the date hereof until the earlier of (i) June 30, 2016
or (ii) the Early Termination Date (such period, the “Restriction Period”), the undersigned Purchaser will not
sell any Underlying Shares (such shares of Common Stock, the “Securities”) other than as permitted herein. As
used herein, “Early Termination Date” means the earlier of (1) an Optional Redemption Notice Date pursuant to
Section 6(a) of the Debenture or (2) a Trading Day on or after the nine month anniversary of the Closing Date on which either of
the following conditions in clause (x) or (y) has been satisfied: (x) the aggregate dollar trading volume of the Common Stock since
the Closing Date equals or exceeds $10,000,000 (provided that since the Closing Date, the closing bid price of the Common Stock
has been equal to or exceeded $4.00 (subject to adjustment for forward and reverse stock splits and the like) for a period of 30
consecutive Trading Days) or (y) the closing bid price of the Common Stock equals or exceeds $8.00 (subject to adjustment for forward
and reverse stock splits and the like) for a period of 30 consecutive Trading Days.

 

The restrictions
set forth in the preceding paragraph shall not apply to: (a) transfers (i) as a bona fide gift or gifts, provided that the donee
or donees thereof agree to be bound in writing by the restrictions set forth herein, (ii) private transfers of any Securities,
provided that the transferee agrees to be bound in writing with the restrictions set forth herein, (iii) to any trust for the direct
or indirect benefit of the undersigned or the immediate family of the principals of the undersigned, provided that the trustee
of the trust agrees to be bound in writing by the restrictions set forth herein, and provided further that any such transfer shall
not involve a disposition for value, (b) the exercise or conversion of any Warrants or Debentures, provided that the underlying
common stock continues to be subject to the restrictions set forth above or (c) transactions relating to shares of Common stock
or other securities of the Company that are not Underlying Shares. In addition, the restrictions set forth in the preceding paragraph
shall not apply to sales of Underlying Shares by the undersigned Purchaser in an amount equal to the greater of (i) $100,000 in
any five Trading Day period or (ii) as to any Trading Day, an amount equal to 10% of average trading volume of the Common Stock
during the Trading Days since the Closing Date.

 

    	 

    	 

    

 

The undersigned
hereby represents that the undersigned has the power and authority to execute, deliver and perform this Letter Agreement.

 

This Letter Agreement may
not be amended or otherwise modified in any respect without the written consent of each of the Company, each Purchaser and the
undersigned.

 

This Letter Agreement shall
be binding on successors and assigns of the undersigned with respect to the Securities and any such successor or assign shall enter
into a similar agreement for the benefit of the Purchasers.

 

*** SIGNATURE PAGE FOLLOWS***

 

    	 

    	 

    

 

This Letter Agreement may
be executed in two or more counterparts, all of which when taken together may be considered one and the same agreement.

 

PURCHASER:

 

	Name of Purchaser: 	/s/ Hillair
    Capital Investments L.P.	 

 

	By: 	/s/ Sean M. McAvoy	 
	Name:	Sean M. McAvoy	 
	Title:	Managing Member, Hillair Capital Advisors LLC	 

 

PFO GLOBAL, INC.

 

	By:	/s/ Timothy W. Kinnear	 
	Name:	Timothy W. Kinnear	 
	Title:	CFO	 

 

[Signature Page to ENRG Lock-Up Agreement]Exhibit 10.1

 

FBEC Worldwide Inc.

 

RESOLUTION FROM THE BOARD OF DIRECTORS

 

The undersigned, being members of the Board
of Directors of FBEC Worldwide Inc., a Wyoming Corporation, do hereby declare and state that they consent to and hereby adopt the
following resolutions and/or the following actions:

 

RESOLVED: In connection with the Board
Meeting on July 2, 2015 of FBEC Worldwide Inc., a Wyoming Corporation, the Board has agreed to amend the Employment Contract with
its CEO & Chairman, Robert Sand, whereas he will receive a salary increase from an annual salary of $175,000 to $295,000. This
is a 59% increase based upon certain milestones that have been accomplished since his appointment and additional liabilities accepted
since his agreement dated April 28, 2015.

 

In connection with the Board Meeting on
July 2, 2015 of FBEC Worldwide Inc., a Wyoming Corporation, the Board has agreed to issue a 10% interest bearing Convertible Promissory
Note in the principal amount of $62,250 to Beaufort Capital Partners LLC, a New York Limited Liability Company("BCP").
The note includes an Original Issuer Discount (OID) of $7,250, and the Company received $55,000. Pursuant to the terms of the convertible
promissory note, the 6 month maturity date is January 2, 2016 and the holders have the right to convert any portion of the principal
amount thereof at a 37.5% discount to the lowest intra-day trading price within the fifteen (15) trading days prior to a Conversion
Notice submitted to the Issuer’s Transfer Agent.

 

I certify that the Corporation is duly
organized and existing and has the power to take action called for by the above Resolution dated July 2, 2015.

 

Acknowledged by:

 

 

	/s/ Robert S. Sand	 	/s/ Michael Wilcox
	Robert S. Sand, CEO	 	Michael Wilcox, Director
	 	 	 
	 	 	 
	/s/ Darren Hamans	 	 
	Darren HamansExhibit 10.2

 

FBEC
Worldwide Inc.

 

AMENDED EMPLOYMENT AGREEMENT

 

This Amended Agreement
is dated this 2nd Day of July and replaces the Agreement dated the 28th day of April, 2015 by and between
Robert S. Sand, (Employee) and FBEC Worldwide Inc., (“Company”).

 

I

RECITALS

 

A. The COMPANY desires
to enter into an employment agreement with EMPLOYEE wherein EMPLOYEE will serve as the Chairman and Chief executive Officer of
the Company.

 

B. COMPANY and EMPLOYEE
have reviewed this agreement and any documents delivered pursuant hereto, and have taken such additional steps and reviewed such
additional documents and information as deemed necessary to make an informed decision to enter into this Agreement.

 

C. Each of the parties
hereto desires to make certain representations, warranties and agreements in connection herewith and also to describe certain conditions
hereto.

 

II

AGREEMENT

 

Therefore, for good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows:

 

		1.	Job Description: Overseeing the complete operations the company.

 

		2.	Term: The term of this agreement is for a period of two (2); automatically renewable with
mutual consent.

 

		3.	Compensation: 

 

		a.	Salary: EMPLOYEE will receive an annual salary of $295,000 to be paid in equal monthly installments.
Amounts unpaid will accrue annual interest of 12%. The Employee has the right to convert part of/all of the unpaid salary to equity
at any time.

 

		b.	Expenses: The COMPANY will pay certain costs and expenses of EMPLOYEE directly related
to his performance of his position or tasks herein, provided that said expenses are submitted to the COMPANY and approved either
verbally or in writing in advance.

 

		c.	Stock: Stock: EMPLOYEE shall receive
150,000,000 of the Company’s common stock upon the execution of this Agreement as a signing bonus and as inducement to serve
as the Company’s Chief Executive Officer. Such shares shall be deemed immediately earned. On each one year anniversary of
this Agreement, EMPLOYEE shall receive newly-issued shares of the Company valued at $75,000 each year, based on a 50% discount
to the market price of the Company’s common stock (determined by the volume-weighted average price of shares over the previous
ten trading days).

 

		4.	Confidentiality:

 

		a.	This Agreement. The provisions of this Agreement are confidential and private and are not
to be disclosed to outside parties (except on a reasonable need to know basis only) without the express, advance consent of all
parties hereto or by order of a court of competent jurisdiction.

 

		b.	Proprietary Information.  EMPLOYEE agrees and acknowledges that during the course of this
agreement in the performance of his duties and responsibilities that he will come into possession or knowledge of information of
a confidential nature and/or proprietary information of COMPANY.

 

 

 

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FBEC
Worldwide Inc.

 

  

Such confidential and/or
proprietary information includes but is not limited to the following of COMPANY, its agents, contractors, employees and all affiliates:
corporate and/or financial information and records of COMPANY or any client, customer or associate of COMPANY; information regarding
artists or others under contract, or in contact with, COMPANY; customer information; client information; shareholder information;
business contacts, investor leads and contacts; employee information; documents regarding COMPANY’s website and any COMPANY
product, including intellectual property.

 

EMPLOYEE represents
and warrants to COMPANY that he will not divulge confidential, proprietary information of COMPANY to anyone or anything without
the advance, express consent of COMPANY, and further will not use any proprietary information of COMPANY for his or anyone else's
gain or advantage during and after the term of this agreement.  

 

5. Further Representations
and Warranties:  EMPLOYEE acknowledges that this is an employment position and represents that he will perform his duties and
functions herein in a timely, competent and professional manner. EMPLOYEE represents and warrants that he will be fair in his dealing
with COMPANY and will not knowingly do anything against the interests of COMPANY.

 

6. Survival of Warranties
and Representations: The parties hereto agree that all warranties and representations of the parties survive the closing of
this transaction.

 

7. Termination:
This agreement is expressly not “at will.” It can be terminated by COMPANY only for cause, after reasonable notice
and opportunity to correct any alleged deficiencies.

 

III

MISCELLANEOUS PROVISIONS

 

1. Expenses:
Each party shall bear its respective costs, fees and expenses associated with the entering into or carrying out its obligations
under this Agreement.

 

2. Indemnification:
Any party, when an offending party, agrees to indemnify and hold harmless the other non-offending parties from any claim of damage
of any party or non-party arising out of any act or omission of the offending party arising from this Agreement.

 

3. Notices:
All notices required or permitted hereunder shall be in writing and shall be deemed given and received when delivered in person
or sent by confirmed facsimile, or ten (10) business days after being deposited in the United States mail, postage prepaid, return
receipt requested, addressed to the applicable party as the address as follows:

 

		Company:	FBEC Worldwide, Inc.
	 	 	1621 Central Avenue
	 	 	Cheyenne,
WY 82001
	 	 	 
	 	Employee:	Robert S. Sand
	 	 	1621 Central
Avenue
	 	 	Cheyenne,
WY 82001

 

4. Breach: In
the event of a breach of this Agreement, ten (10) days written notice (from the date of receipt of the notice) shall be given.
Upon notice so given, if the breach is not so corrected, the non-breaching party may take appropriate legal action per the terms
of this Agreement.

 

5. Assignment:
This Agreement is assignable only with the written permission of COMPANY.

 

6. Amendment:
This Agreement is the full and complete, integrated agreement of the parties, merging and superseding all previous written and/or
oral agreements and representations between and among the parties, and is amendable in writing upon the agreement of all concerned
parties. All attachments hereto, if any, are deemed to be a part hereof.

 

 

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FBEC
Worldwide Inc.

 

  

 

7. Interpretation:
This Agreement shall be interpreted as if jointly drafted by the parties. It shall be governed by the laws of the State of California
applicable to contracts made to be performed entirely therein.

 

8. Enforcement:
 If the parties cannot settle a dispute between them in a timely fashion, either party may file for arbitration within Nevada
County, California. Arbitration shall be governed by the rules of the American Arbitration Association. The arbitrator(s) may award
reasonable attorneys fees and costs to the prevailing party. Either party may apply for injunctive relief or enforcement of an
arbitration decision in a court of competent jurisdiction within Nevada County, California.

 

9. Counterparts:
This Agreement may be executed in counterparts each of which shall be deemed an original and all of which together shall constitute
one and the same agreement. Facsimile signatures shall be considered as valid and binding as original signatures.

IN WITNESS WHEREOF, the Parties hereto
have executed this Agreement on the date first written above.

 

 

	/s/ Robert S. Sand	 	July 2, 2015
	Robert S. Sand, CEO	 	Date
	 	 	 
	/s/ Michael R. Wilcox	 	July 2, 2015
	Michael R. Wilcox, Director	 	Date
	FBEC Worldwide Inc.	 	 

 

 

 

 

 

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