Document:

Unassociated Document

    Exhibit
      10.2

     

    ESCROW
      AGREEMENT 

     

    THIS
      ESCROW AGREEMENT (this “Agreement”), dated of _____________ __, 2007, among
      GoFish Corporation, a Nevada corporation (the “Buyer”) and John Davis, acting in
      his capacity as the Indemnification Representative of the Indemnifying
      Stockholders (the “Indemnification Representative”) and U.S. BANK TRUST NATIONAL
      ASSOCIATION, a national banking association (the “Escrow Agent”). The Buyer, the
      Interested Stockholders and the Indemnification Representative are sometimes
      referred to herein collectively as the “Interested Parties.” Capitalized terms
      used but not otherwise defined herein shall have their respective meanings
      set
      forth in the Merger Agreement (as defined below). 

    

    WITNESSETH:

    

    WHEREAS,
      the Buyer, BM Acquisition Corp. Inc., a Delaware corporation and a wholly-owned
      subsidiary of the Company (the “Transistory Subsidiary”), Bolt, Inc. (a/k/a Bolt
      Media, Inc.), a Delaware corporation (the “Company”) and the Indemnification
      Representative are parties to that certain Agreement and Plan of Merger, dated
      as of February 11, 2007 (the “Merger Agreement”); and

     

    WHEREAS,
      the Indemnifying Stockholders have appointed the Indemnification Representative
      to act on their behalf in certain matters relating to the Merger Agreement,
      including matters relating to this Agreement; and 

     

    WHEREAS,
      subject to the terms and conditions of the Merger Agreement, the Indemnifying
      Stockholders are acquiring at the Effective Time, among other things certain
      shares of Buyer Common Stock, including shares
      which constitute part of the Merger Consideration payable to the Company
      Stockholders pursuant to the Merger Agreement, a portion of which shares
      constitute the Escrow Shares to be delivered into escrow pursuant to Section
      1.9
      of the
      Merger Agreement, to
      secure
      the indemnification obligations of the Indemnifying Stockholders under the
      Merger Agreement; and

     

    WHEREAS,
      the Buyer, the Transitory Subsidiary, the Company and the Indemnification
      Representative have agreed that the Escrow Agent shall hold the Escrow Shares
      pursuant to the terms and conditions of this Agreement; 

     

    NOW,
      THEREFORE, the parties hereto agree as follows:

     

    1.  DEPOSIT
      OF ESCROWED PROPERTY.
      

     

    (a)  To
      secure
      the performance by the Indemnifying Stockholders of the Indemnifying
      Stockholders’ obligations to indemnify the Company pursuant to Article VI of the
      Merger Agreement (the "Indemnification Obligations"), the Buyer, on behalf
      of
      the Indemnifying Stockholders, has delivered the
      Escrow
      Shares to the Escrow Agent at the Closing. Subject to the terms and conditions
      of this Agreement, the Escrow Agent shall hold and administer the
      Escrow
      Shares (and any dividends
      and distributions paid on the Escrow Shares or proceeds received therefrom,
      in
      each case received by the Escrow Agent) (collectively, the “Escrow Property”) in
      escrow. The number
      of
      Escrow Shares deposited in escrow on behalf of each Indemnifying Stockholder
      is
      in proportion to the number of Preferred
      Shares or Common
      Shares held by each such Indemnifying Stockholder immediately prior to the
      Effective Time, as set forth in Schedule 1(a) delivered by the Company to the
      Escrow Agent at the Closing. The Escrow Agent shall have no responsibility
      for
      the accuracy of the information contained in Schedule 1(a) or the genuineness,
      validity, market value, title or sufficiency for any intended purpose of the
      Escrow Property.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    (b)  The
      Escrow Agent hereby acknowledges receipt of the Escrow Shares from the
      Indemnifying Stockholders and the Company, and agrees to hold and to deliver
      the
      same in accordance with this Agreement.

     

    (c)  So
      long
      as the Indemnifying Stockholders are not in default in respect of any of their
      Indemnification Obligations, the Indemnifying Stockholders shall exercise and
      enjoy all the rights accruing from the ownership of the Escrowed Property,
      including the right to vote the Escrow Shares, but excluding the right to
      transfer, assign, grant a lien, pledge or other security interest in or
      otherwise encumber or to alienate in any other manner, any of the Escrowed
      Property.

     

    2.  CLAIMS
      AND PAYMENTS; RELEASE FROM ESCROW.
      

     

    (a)  Whenever
      the Escrow Agent receives a Claim Notice from the Buyer that seeks
      indemnification from the Indemnifying Stockholders, the Escrow Agent shall
      send
      a copy of the Claim Notice to the Indemnification Representative. Whenever
      the
      Escrow Agent receives a Response to a Claim Notice issued by the Buyer setting
      forth either an agreement as to the full Claimed Amount or an Agreed Amount,
      or
      a notice pursuant to Section 6.3(d) of the Merger Agreement (a “Dispute
      Resolution Notice”), signed by the Buyer and the Indemnification Representative
      setting forth the resolved amount of a Dispute (the “Dispute Resolution Amount”)
      related to a Claim Notice of the Buyer, then the Escrow Agent shall immediately
      record on Schedule 1(a) a pro-rata reduction of the amount of Escrow Shares
      issued to each Indemnifying Stockholder and promptly, and in any event within
      three business days, deliver to the Buyer certificate(s) for Escrow Shares,
      together with a stock power duly endorsed for the transfer to the Buyer of
      shares with an aggregate Value of 50%
      of
      the
      Claimed Amount or the Agreed Amount or Dispute Resolution Amount (as the case
      may be), together with a notice (the “Escrow Agent’s Payment
      Notice”).
      Distributions of Escrow Shares as aforesaid shall be applied first, to the
      Escrow Common Shares and second to the Escrow Preferred Shares.

     

    (b)  Upon
      the
      later to occur of (i) in
      respect of (x) the Escrow Shares deposited into escrow on the date hereof (the
      “Initial Escrow”), the
      first
      anniversary of the Closing
      Date
      (the “Initial Termination Date”) and (y) the Escrow Shares deposited into escrow
      on the date that is on or about the first anniversary of the Closing Date (the
      “Subsequent Escrow”), the date that is eighteen months from the date
      hereof
      (the
      “Final Termination Date”) the
      “Termination Date”) and
      (ii)
      the date on which there shall have been resolved any outstanding Buyer claims
      with respect to any Stockholder Indemnification Obligations that are subject
      to
      Claim Notices that are outstanding and unresolved on the Initial
      Termination
      Date
      or the
      Final Termination Date, as the case may be,
      the
      Buyer shall deliver to the Escrow Agent a notice (the "Satisfaction Notice"),
      which Satisfaction Notice shall state that all of the Indemnification
      Obligations that are required to be satisfied during the period ending on the
      date of the Satisfaction Notice have been satisfied. Upon receipt of the
      Satisfaction Notice from the Buyer,
      the Escrow Agent shall deliver to the Indemnifying Stockholders (or the
      assignees of the Indemnifying Stockholders) all of the Escrowed Property then
      remaining with the Escrow Agent
      relating
      to the Initial Escrow of the Subsequent Escrow, as the case may be,  in
      proportion to the number of Exchange Shares initially deposited under this
      Agreement, and thereupon the Escrow Agent shall be discharged of and from all
      other and further responsibilities with respect to the Escrowed
      Property. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    (c)  Anything
      in this Agreement notwithstanding, if at any time the Escrow Agent receives
      written instructions signed by the Buyer and the Indemnification Representative,
      or a final order of a court of competent jurisdiction that directs delivery
      of
      the Escrowed Property, the Escrow Agent shall, at the expense of the Buyer,
      comply with such instructions or order. The Escrow Agent shall also be entitled
      to deposit the Escrowed Property with the clerk of any court of competent
      jurisdiction upon commencement of an action in the nature of interpleader or
      in
      the course of any court proceedings. Upon any delivery or deposit of the
      Escrowed Property as provided in this Section 2(c), the Escrow Agent shall
      thereupon be discharged of and from all other and further responsibilities
      with
      respect to the Escrowed Property.

     

    3.  CERTAIN
      TERMS CONCERNING ESCROWED PROPERTY.
      

     

    (a)  No
      Duty to Vote or Preserve Rights to Escrow Property.
      Neither
      the Escrow Agent nor its nominee shall be under any duty to take any action
      to
      preserve, protect, exercise or enforce any rights or remedies under or with
      respect to the Escrowed Property (including with respect to the exercise of
      any
      voting rights, conversion or exchange rights, defense of title, preservation
      of
      rights against prior matters or otherwise). Notwithstanding the foregoing,
      if
      the Escrow Agent is so requested in a request of the Indemnification
      Representative received by the Escrow Agent at least two business days prior
      to
      the date on which the Escrow Agent is requested therein to take such action
      (or
      such later date as may be acceptable to the Escrow Agent), the Escrow Agent
      shall execute, or shall cause its nominee to execute, and deliver to the
      Indemnification Representative a proxy or other instrument in the form supplied
      to it by the Indemnification Representative for voting or otherwise exercising
      any right with respect to any of the Escrow Shares held by it hereunder, to
      authorize therein the Indemnification Representative to exercise such voting
      or
      other authority in respect of the Escrow Shares (provided,
      that
      the Escrow Agent shall not be obliged to execute any such proxy or other
      instrument if, in its judgment, the terms thereof may subject the Escrow Agent
      to any liabilities or obligations in its individual capacity). The Escrow Agent
      shall not be under any duty or responsibility to forward to any Interested
      Party, or to notify any Interested Party with respect to, or to take any action
      with respect to, any notice, solicitation or other document or information,
      written or otherwise, received from an issuer or other person with respect
      to
      the Escrow Shares, including proxy material, tenders, options, the pendency
      of
      calls and maturities and expiration of rights; it being understood that the
      intent of the parties is for any such notice, solicitation or other document
      or
      information to be sent directly to the underlying owner of Escrow Shares or,
      as
      applicable, to the Indemnification Representative, and not to the Escrow Agent.
      

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    (b)  Distribution
      of Escrow Shares.
      Any
      distribution of all or any portion of the Escrow Shares made pursuant to Section
      2 or Section 3 shall be made by delivery of the applicable certificate(s) held
      by the Escrow Agent representing such Escrow Shares, mailed by first class
      mail
      to the appropriate person at such address as the Escrow Agent may have
      previously been instructed in writing; and, if less than all of the Escrow
      Shares included on any such certificate are to be so distributed, then the
      Escrow Agent shall instruct the Buyer to, and the Buyer promptly shall,
      subdivide such certificate and (i) issue and deliver to the appropriate person
      the appropriate number of Escrow Shares to which such person is entitled and
      (ii) issue and return to the Escrow Agent (or its nominee, if the Escrow Agent
      shall so instruct) one or more certificates representing the Escrow Shares
      that
      remain subject to this Agreement. The Escrow Agent shall have no liability
      for
      the actions or omissions of, or any delay on the part of, the Interested Parties
      in connection with the foregoing.

     

    (c)  Dividends
      and Distributions.
      Any
dividends
      on the Escrow Shares, whether cash dividends or otherwise, splits and any other
      distributions made with respect to the Escrow Shares received by the Escrow
      Agent from time to time during the term of this Agreement shall be added to
      and
      become a part of the Escrow Property (and, as such, shall become subject to
      the
      terms of this Agreement). The Escrow Agent shall be under no obligation or
      duty
      to invest (or otherwise pay interest on) any cash it may receive as part of
      the
      Escrow Property from time to time.

     

    4.  CONCERNING
      THE ESCROW AGENT.
      

     

    (a)  Each
      of
      the Interested Parties acknowledges and agrees that the Escrow Agent (i) shall
      not be responsible for any of the agreements referred to or described herein,
      or
      for determining or compelling compliance therewith, and shall not otherwise
      be
      bound thereby, (ii) shall be obligated only for the performance of such duties
      as are expressly and specifically set forth in this Agreement on its part to
      be
      performed, each of which is ministerial (and shall not be construed to be
      fiduciary) in nature, and no implied duties or obligations of any kind shall
      be
      read into this Agreement against or on the part of the Escrow Agent, (iii)
      shall
      not be obligated to take any legal or other action hereunder that might in
      its
      judgment involve or cause it to incur any expense or liability unless it shall
      have been furnished with acceptable indemnification, (iv) may rely on and shall
      be protected in acting or refraining from acting upon any written notice,
      instruction (including wire transfer instructions, whether incorporated herein
      or provided in a separate written instruction), instrument, statement,
      certificate, request or other document furnished to it hereunder and believed
      by
      it to be genuine and to have been signed or presented by the proper person
      or
      persons, and shall have no responsibility for making inquiry as to or
      determining the genuineness, accuracy or validity thereof, or of the authority
      of any person signing or presenting the same, and (v) may consult counsel
      satisfactory to it, including in-house counsel, and the opinion or advice of
      such counsel in any instance shall be full and complete authorization and
      protection in respect of any action taken, suffered or omitted by it hereunder
      in good faith and in accordance with the opinion or advice of such counsel.
      

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    (b)  The
      Escrow Agent shall not be liable to any person for any action taken or omitted
      to be taken by it hereunder except in the case of the Escrow Agent’s gross
      negligence or willful misconduct in breach of the terms of this Agreement.
      In no
      event shall the Escrow Agent be liable for any indirect, punitive, special
      or
      consequential damage or loss (including lost profits) whatsoever, even if the
      Escrow Agent has been informed of the likelihood of such loss or damage and
      regardless of the form of action.

     

    (c)  The
      Escrow Agent shall have no more or less responsibility or liability on account
      of any action or omission of any book-entry depository, securities intermediary
      or other sub-escrow agent employed by the Escrow Agent than any such book-entry
      depository, securities intermediary or other sub-escrow agent has to the Escrow
      Agent, except to the extent that such action or omission of any book-entry
      depository, securities intermediary or other sub-escrow agent was caused by
      the
      Escrow Agent’s own gross negligence or willful misconduct in breach of this
      Agreement.

     

    (d)  Notwithstanding
      any term in this Agreement to the contrary, in no instance shall the Escrow
      Agent be required or obligated to distribute any Escrow Property (or take other
      action that may be called for hereunder to be taken by the Escrow Agent) sooner
      than two business days after (i) it has received the applicable documents
      required under this Agreement in proper form, or (ii) passage of the applicable
      time period (or both, as applicable under the terms of this Agreement), as
      the
      case may be.

     

    5.  COMPENSATION,
      EXPENSE REIMBURSEMENT AND INDEMNIFICATION.
      

     

    (a)  Each
      of
      the Interested Parties covenants and agrees that the Interested Parties shall
      share equally in, but in any event be jointly and severally liable for, (i)
      paying to or reimbursing the Escrow Agent for its reasonable attorney’s fees and
      reasonable expenses incurred in connection with the preparation of this
      Agreement; (ii) paying the Escrow Agent’s compensation for its normal services
      hereunder in accordance with the fee schedule attached hereto as Exhibit
      A
      and made
      a part hereof, which may be subject to change hereafter by the Escrow Agent
      on
      an annual basis (the “Escrow Fees”); and (iii) reimbursing the Escrow Agent on
      demand for all reasonable costs and expenses incurred in connection with the
      administration of this Agreement or the escrow created hereby or the performance
      or observance of its duties hereunder that are in excess of the Escrow Fees,
      including payment of any legal fees and reasonable expenses incurred by the
      Escrow Agent in connection with resolution of any claim by any party
      hereunder.

     

    (b)  Each
      of
      the Interested Parties covenants and agrees that the Interested Parties shall
      share equally in, but in any event be jointly and severally liable for,
      indemnifying the Escrow Agent (and its directors, officers and employees) and
      holding it (and such directors, officers and employees) harmless from and
      against any loss, liability, damage, cost and expense of any nature incurred
      by
      the Escrow Agent arising out of or in connection with this Agreement or with
      the
      administration of its duties hereunder, including attorney’s fees and other
      reasonable costs and expenses of defending or preparing to defend against any
      claim of liability unless and except to the extent such loss, liability, damage,
      cost and expense shall be caused by the Escrow Agent’s gross negligence or
      willful misconduct. The foregoing indemnification and agreement to hold harmless
      shall survive the termination of this Agreement.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    (c)  Notwithstanding
      anything herein to the contrary, the Escrow Agent shall have and is hereby
      granted a possessory lien on and security interest in the Escrow Property,
      and
      all proceeds thereof, to secure payment of all amounts owing to it from time
      to
      time under this Agreement, whether now existing or hereafter arising. The Escrow
      Agent shall have the right to deduct from the Escrow Property, and proceeds
      thereof, any such sums, upon one business day notice to the Interested Parties
      of its intent to do so.

     

    (d)  The
      Escrow Agent may present invoices for its services hereunder (including for
      its
      fees and reimbursable expenses) and claims for indemnification hereunder to
      the
      Interested Parties by delivery of same to the Indemnification
      Representative.

     

    6.  TAX
      INDEMNIFICATION.
      Each of
      the Interested Parties covenants and agrees that the Interested Parties shall
      share equally in, but in any event be jointly and severally liable for, (i)
      assuming any and all obligations imposed now or hereafter by any applicable
      tax
      law with respect to any payment or distribution of the Escrow Property or
      performance of other activities under this Agreement, (ii) instructing the
      Escrow Agent in writing with respect to the Escrow Agent’s responsibility for
      withholding and other taxes, assessments or other governmental charges, and
      instructing the Escrow Agent with respect to any certifications and governmental
      reporting that may be required under any laws or regulations that may be
      applicable in connection with its acting as escrow agent under this Agreement,
      and (iii) indemnifying and holding the Escrow Agent harmless from any liability
      or obligation on account of taxes, assessments, additions for late payment,
      interest, penalties, expenses and other governmental charges that may be
      assessed or asserted against the Escrow Agent in connection with, on account
      of
      or relating to, the Escrow Property, the management established hereby, any
      payment or distribution of or from the Escrow Property pursuant to the terms
      hereof or other activities performed under the terms of this Agreement,
      including any liability for the withholding or deduction of (or the failure
      to
      withhold or deduct) the same, and any liability for failure to obtain proper
      certifications or to report properly to governmental authorities in connection
      with this Agreement, including costs and expenses (including reasonable legal
      fees and expenses), interest and penalties. The foregoing indemnification and
      agreement to hold harmless shall survive the termination of this
      Agreement.

     

    7.  RESIGNATION.
      The
      Escrow Agent may at any time resign as Escrow Agent hereunder by giving 30
      days'
      prior written notice of resignation to the Interested Parties. Prior to the
      effective date of the resignation as specified in such notice, the Buyer will
      issue to the Escrow Agent a written instruction authorizing redelivery of the
      Escrow Property to a bank or trust company that it selects as successor to
      the
      Escrow Agent hereunder, subject to the consent of the Indemnification
      Representative (which consent shall not be unreasonably withheld or delayed).
      If, however, the Buyer fails to name such a successor escrow agent within 20
      days after the notice of resignation from the Escrow Agent, then the Company
      shall be entitled to name such successor escrow agent, subject to the consent
      of
      the Indemnification Representative (which consent shall not be unreasonably
      withheld or delayed). If no successor escrow agent is named by the Buyer or
      the
      Indemnification Representative, the Escrow Agent may apply to a court of
      competent jurisdiction for appointment of a successor escrow agent. Upon the
      resignation of the Escrow Agent, the Escrow Fees paid to the Escrow Agent will
      be returned to the party or parties that made such payment, on a pro-rated
      basis.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    8.  DISPUTE
      RESOLUTION.
      It is
      understood and agreed that, should any dispute arise with respect to the
      delivery, ownership, right of possession and/or disposition of the Escrow
      Property, or should any claim be made upon the Escrow Agent or the Escrow
      Property by a third party, the Escrow Agent upon receipt of notice of such
      dispute or claim is authorized and shall be entitled (at its sole option and
      election) to retain in its possession without liability to anyone, all or any
      of
      said Escrow Property until such dispute shall have been settled either by the
      mutual written agreement of the parties involved or by a final order, decree
      or
      judgment of a court of competent jurisdiction, the time for perfection of an
      appeal of such order, decree or judgment having expired. The Escrow Agent may,
      but shall be under no duty whatsoever to, institute or defend any legal
      proceedings that relate to the Escrow Property.

     

    9.  CONSENT
      TO JURISDICTION AND SERVICE.
      The
      Buyer, the Escrow Agent and the Indemnification Representative hereby
      irrevocably and unconditionally agree that any action, suit or proceeding,
      at
      law or equity, arising out of or relating to this Agreement or any agreements
      or
      transactions contemplated hereby shall only be brought in any federal court
      of
      the Southern District of New York, and hereby irrevocably and unconditionally
      expressly submit to the personal jurisdiction and venue of such courts for
      the
      purposes thereof and hereby irrevocably and unconditionally waive (by way of
      motion, as a defense or otherwise) any and all jurisdictional, venue and
      convenience objections or defenses that any such party may have in such action,
      suit or proceeding. The Buyer, the Escrow Agent and the Indemnification
      Representative hereby irrevocably and unconditionally consent to the service
      of
      process of any of the aforementioned courts in any such action, suit or
      proceeding by the mailing of copies thereof by registered or certified mail,
      return receipt requested, postage prepaid, to such party’s address set forth
      herein, such service to become effective ten days after such mailing. Nothing
      herein contained shall be deemed to affect the right of any party to serve
      process in any manner permitted by law or commence legal proceedings or
      otherwise proceed against any other party in any other jurisdiction to enforce
      judgments obtained in any action, suit or proceeding brought pursuant to this
      Section 11.

     

    10.  WAIVER
      OF JURY TRIAL.
      EACH
      PARTY TO THIS AGREEMENT HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES A TRIAL
      BY
      JURY OF ANY AND ALL ISSUES ARISING IN ANY ACTION OR PROCEEDING BETWEEN THEM
      OR
      THEIR SUCCESSORS OR ASSIGNS UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY
      OF
      ITS PROVISIONS OR ANY NEGOTIATIONS IN CONNECTION HEREWITH.

     

    11.  FORCE
      MAJEURE.
      The
      Escrow Agent shall not be responsible for delays or failures in performance
      resulting from acts beyond its control. Such acts shall include acts of God,
      strikes, lockouts, riots, acts of war, epidemics, governmental regulations
      superimposed after the fact, fire, communication line failures, computer
      viruses, power failures, earthquakes or other disasters.

     

    12.  NOTICES.
      Any
      notice to a party permitted or required hereunder shall be in writing, and
      shall
      be sent to such party (i) by personal delivery (in which case notice shall
      be
      effective upon delivery), (ii) by overnight delivery by a recognized courier
      or
      delivery service (in which case notice shall be effective upon confirmed
      receipt), or (iii) by registered or certified mail, return receipt requested,
      postage prepaid (in which case notice shall be effective upon confirmed
      receipt), or (iv) by confirmed facsimile telecopy accompanied by mailing of
      the
      original on the same day by first class mail, postage prepaid, in each case
      to
      the party at its address set forth below (or to such other address as such
      party
      may hereafter designate by written notice to the other parties) (in which case
      notice shall be effective upon confirmed receipt of the telecopy);
      communications by email are for convenience purposes only and shall not
      constitute notice unless also sent by the methods set forth in clauses (i)
      through (iv):

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    If
      to the
      Company, the Indemnifying Stockholders, or to the Indemnification
      Representative, to: 

     

    ABL
      Capital

    304
      Hudson Street, 7th
      Floor

    New
      York,
      NY 10013

    Attention:
      John Davis, Esq.

    Telephone:
      (919) 824-7177

    Facsimile:
      (212) 620-4315

    Email:
      jack@ablcapital.net

     

    and
      to:

     

    Mintz,
      Lvein, Cohn, Ferris, Glovsky and Popeo, P.C.

    701
      Pennsylvania Avenue, NW

    Washington,
      D.C. 20004 

    Attention:
      Sam Feigin, Esq.

    Telephone:
      (202) 585-3512

    Facsimile:
      (202) 434-7400

    Email:
      sfeigin@mintz.com

     

    with
      a
      copy (which shall not constitute notice) to 

     

     

    if
      to the
      Buyer, 

     

    GoFish
      Corporation

    [ADDRESS]

     

    and
      to:

     

    McGuireWoods
      LLP 

    1345
      Avenue of the Americas 

    New
      York,
      New York 10105 

    Attention:
      Louis Zehil, Esq.

    Telephone:
      (212) 548-2138

    Facsimile:
      (212) 548-2175

    Email:
      lzehil@mcguirewoods.com

    

    if
      to the
      Escrow Agent, to:

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    U.S.
      Bank
      Trust National Association

    100
      Wall
      Street, Suite 1600

    New
      York,
      NY 10005

    Attention:
      Ms. Jean Clarke

    Telephone:
      (212) 361-6173

    Facsimile:
      (212) 361-6153

    Email:
      jean.clarke@usbank.com

    

    13.  MISCELLANEOUS.
      

     

    (a)  Binding
      Effect; Successors.
      This
      Agreement shall be binding upon the parties to this Agreement and their
      respective heirs, executors, successors and assigns. If the Escrow Agent
      consolidates, merges or converts into, or transfers all or substantially all
      of
      its corporate trust business to, another corporation, the successor corporation
      without any further act shall be the successor Escrow Agent.

     

    (b)  Modifications;
      Waivers.
      This
      Agreement may not be altered or modified without the express written consent
      of
      the Interested Parties and the Escrow Agent. Waiver of any term or condition
      of
      this Agreement by any party shall be effective only if in a writing signed
      by
      the party against whom such waiver is asserted. Any such waiver shall not be
      construed as a waiver of any subsequent breach or failure of the same term
      or
      condition, or a waiver of any other term of this Agreement. No failure or delay
      by any party in exercising any right, power or privilege hereunder shall operate
      as a waiver thereof nor shall any single or partial exercise thereof preclude
      any other or further exercise thereof or the exercise of any other right, power
      or privilege. 

     

    (c)  Governing
      Law.
      THIS
      AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL
      LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE CONFLICTS OF LAW PRINCIPLES
      OF SUCH STATE.

     

    (d)  Counterparts.
      This
      Agreement may be executed in any number of counterparts, all of which shall
      be
      considered one and the same agreement, and shall become effective when one
      or
      more such counterparts have been signed by each of the parties to this Agreement
      and delivered to the other parties.

     

    (e)  General.
      The
      headings contained in this Agreement are for reference purposes only and shall
      not affect in any way the meaning or interpretation of this Agreement. Unless
      the context of this Agreement otherwise requires: (i) pronouns and any
      variations thereof refer to the masculine, feminine or neuter, singular or
      plural, as the identity of the person or persons may require; (ii) the words
      “hereof,” “herein” and “hereunder” and words of similar import when used in this
      Agreement shall refer to this Agreement as a whole and not to any particular
      provision of this Agreement; (iii) the word “person” shall refer to any
      individual, corporation, general or limited partnership, firm, joint venture,
      association, enterprise, joint stock company, trust, unincorporated organization
      or other entity; (iv) article, section, paragraph and schedule references are
      to
      the articles, sections, paragraphs and schedules of this Agreement; (v) the
      word
“including” and words of similar import when used in this Agreement shall mean
“including, without limitation;” (vi) the word “or” is not exclusive; and (vii)
      provisions apply to successive events and transactions.

     

    
      
        \4384986.1

        

        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the parties hereto have duly executed this Escrow Agreement
      as
      of the date first above written.

    
      	 	 	 
	 	THE
              INDEMNIFICATION REPRESENTATIVE:
	 
 	 
 	 
 
	 	  	 
	 	
              

              John
                Davis, acting as

              Indemnification
                Representative

            
	 	
            

    

    
      	 	 	 
	 	
              THE
                BUYER:

              

              GOFISH
                CORPORATION.

            
	 
 	 
 	 
 
	 	By:  	
            
	 	
              

              Name:
                

              Title:
                

            
	 	 

      

        	 	 	 
	 	
                THE
                  ESCROW AGENT:

                

                U.S.
                  BANK TRUST NATIONAL ASSOCIATION

              
	 
 	 
 	 
 
	 	By:  	
              
	 	
                

                Name:
                  Jean Clark

                Title:
                  Assistant Vice President

              
	 	
              

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Exhibit
      A

    

    Escrow
      Agent Fees

    

    Escrow
      Agency Fee: $__________________, payable upon execution and delivery of this
      Escrow Agreement by the Escrow Agent, plus reasonable out of pocket fees and
      expenses, payable upon request from time-to-time to upon presentation of an
      invoice for same to the Indemnification Representative and/or the Buyer.

    

    
      
        
        

      

      
        (i)Exhibit
      10.3

    LOCK-UP
      AGREEMENT

    

    

    _______________
      __, 2007

    GoFish
      Corporation

    [ADDRESS]

    

    Gentlemen:

    

    Reference
      is made to that certain Agreement and Plan of Merger (the “Agreement”) dated as
      of February 11, 2007, by and among Hot Tuna Corporation, a Nevada Corporation
      (“Buyer”), BM Acquisition Corp., Inc., a Delaware corporation (“Transitory
      Subsidiary”), Bolt, Inc., a Delaware corporation (the “Company”) and the party
      identified therein as the Indemnification Representative, pursuant to which
      the
      parties contemplate that the Company will merge with and into the Transitory
      Subsidiary. Capitalized terms used but not defined herein shall have the
      meanings set forth in the Agreement. The purpose of this letter agreement (this
      “Lock-Up Agreement”) is to satisfy the condition set forth in Section 5.2(g) of
      the Agreement with respect to a lock-up of the Merger Shares to be issued by
      the
      Buyer to each of the Company Stockholders under the Agreement. Accordingly,
      for
      good and valuable consideration, the receipt and sufficiency of which are hereby
      acknowledged, the undersigned hereby covenants and agrees as
      follows:

    

    1.  During
      the period from the Closing and ending on the date that is 330 days after the
      Effective Date, the undersigned will not offer, sell, contract to sell or
      otherwise dispose of, transfer title to, pledge, mortgage, or otherwise encumber
      (in each case, “Sell”), other than to the Buyer, any of the Salable Shares
      constituting Basic Shares issued to the undersigned pursuant to the Merger
      Agreement, provided, that during any consecutive thirty (30) day period, the
      undersigned may not Sell Salable Shares constituting Basic Shares in excess
      of
      one-third (1/3) the total number of Salable Shares constituting Basic Shares
      issued to the undersigned at the Closing.

     

    2.  During
      the period from the Closing Date and ending on the date that is thirty (30)
      months after the Closing Date, the undersigned will not Sell any of the Salable
      Shares constituting Supplemental Shares, provided that after each thirty (30)
      days during such thirty (30) month period, the foregoing restriction shall
      be
      automatically terminated as to one-thirtieth (1/30) the aggregate number of
      Salable Shares constituting Supplemental Shares issued to the undersigned at
      the
      Closing, provided further that the foregoing restrictions on the undersigned’s
      ability to Sell Salable Shares constituting Supplemental Shares shall be
      automatically terminated in its entirety upon the consummation by the Buyer
      of a
      transaction constituting a Change of Control (as defined in Schedule 1.5(a)(iii)
      to the Merger Agreement).

     

    3.  If
      the
      undersigned is defined as “Managing Shareholder” under the Merger Agreement,
      during the period from the Closing Date and ending on the date that is forty
      two
      (42) months after the Closing Date, the undersigned will not Sell any Salable
      Shares constituting Subsequent Shares in excess of (i) four percent (4%) of
      the
      Salable Shares constituting Subsequent Shares issued to the undersigned after
      the Closing during any consecutive thirty (30) day period or (ii) twenty percent
      (20%) of the Salable Shares constituting Subsequent Shares issued to the
      undersigned after the Closing during any consecutive one hundred eighty (180)
      day period.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    4.  Until
      the
      fourth (4th)
      anniversary of the Closing Date, if and for so long as the undersigned is either
      (i) the beneficial owner of at least five percent (5%) of the Buyer Common
      Stock
      issued and outstanding or (ii) a director or officer of the Buyer or the
      Surviving Corporation, the undersigned shall not Sell any Buyer Company Stock
      during any thirty (30) day period in excess of five percent (5%) of the number
      of Merger Shares then held by the undersigned, except for sales pursuant to
      an
      effective registration statement filed by Buyer.

     

    5.  For
      the
      avoidance of doubt, the foregoing restrictions are cumulative and not in the
      alternative. Furthermore, the foregoing restrictions are in addition to any
      restrictions on transfer applicable to the Merger Shares and/or the undersigned
      under applicable law.

     

    6.  If
      requested by the Buyer, in connection with any offering of securities by the
      Buyer that generates gross proceeds of at least $15,000,000, the undersigned
      will execute and deliver any further lock-up agreement that may be deemed
      reasonably necessary by any underwriter, placement agent or financial advisor
      engaged by the Buyer in connection with such offering.

     

    7.  This
      Letter Agreement shall be governed by and construed in accordance with the
      laws
      of the State of New York, without regard to its conflict of laws principles.
      Any
      dispute hereunder shall be subject to the exclusive jurisdiction of the city,
      county, state and federal courts located in the county, city and state of New
      York, New York. 

     

    8.  This
      undersigned is entering into this Lock-Up Agreement to induce the Buyer and
      the
      Transitory Subsidiary to complete the transactions contemplated by the
      Agreement.

     

    9.  This
      Lock-Up Agreement will become a binding agreement on the undersigned as of
      the
      Effective Time. This Lock-Up Agreement may be duly delivered by facsimile
      counterpart. If and to the extent that any provision of this Lock-Up Agreement
      is judicially determined to be unenforceable under applicable law, then the
      offending provision shall be severed and the remaining provisions shall continue
      to be in full force and effect. This Lockup Agreement may be modified or waived
      only by a separate writing signed by the Buyer, the Surviving Corporation and
      the undersigned.

     

    10.  The
      restrictions set forth in this Lock-Up Agreement shall not apply
      to:

     

    (1) if
      the
      undersigned is a natural person, any transfers made by the undersigned (a)
      as a
      bona fide gift to any member of the immediate family (as defined below) of
      the
      undersigned or to a trust the beneficiaries of which are exclusively the
      undersigned or members of the undersigned’s immediate family, (b) by will or
      intestate succession upon the death of the undersigned or (c) as a bona fide
      gift to a charity or educational institution,

     

    (2) if
      the
      undersigned is a corporation, partnership, limited liability company or other
      business entity, any transfers to any shareholder, partner or member of, or
      owner of a similar equity interest in, the undersigned, as the case may be,
      if,
      in any such case, such transfer is not for value, and

     

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    (3) if
      the
      undersigned is a corporation, partnership, limited liability company or other
      business entity, any transfer made by the undersigned (a) in connection with
      the
      sale or other bona fide transfer in a single transaction of all or substantially
      all of the undersigned’s capital stock, partnership interests, membership
      interests or other similar equity interests, as the case may be, or all or
      substantially all of the undersigned’s assets, in any such case not undertaken
      for the purpose of avoiding the restrictions imposed by this agreement or (b)
      to
      another corporation, partnership, limited liability company or other business
      entity so long as the transferee is an affiliate (as defined below) of the
      undersigned and such transfer is not for value;

     

    provided,
      however, that in the case of any transfer described in clause (1), (2) or (3)
      above, it shall be a condition to the transfer that (A) the transferee executes
      and delivers to Buyer, not later than one business day prior to such transfer,
      a
      written agreement, in substantially the form of this agreement (it being
      understood that any references to “immediate family” in the agreement executed
      by such transferee shall expressly refer only to the immediate family of the
      undersigned and not to the immediate family of the transferee) and otherwise
      satisfactory in form and substance to Buyer, and (B) if the undersigned is
      required to file a report under Section 16(a) of the Securities Exchange Act
      of
      1934, as amended, reporting a reduction in beneficial ownership of Buyer’s
      securities during the term of this Agreement, the undersigned shall include
      a
      statement in such report to the effect that, in the case of any transfer
      pursuant to clause (1) above, such transfer is being made as a gift or by will
      or intestate succession or, in the case of any transfer pursuant to clause
      (2)
      above, such transfer is being made to a shareholder, partner or member of,
      or
      owner of a similar equity interest in, the undersigned and is not a transfer
      for
      value or, in the case of any transfer pursuant to clause (3) above, such
      transfer is being made either (a) in connection with the sale or other bona
      fide
      transfer in a single transaction of all or substantially all of the
      undersigned’s capital stock, partnership interests, membership interests or
      other similar equity interests, as the case may be, or all or substantially
      all
      of the undersigned’s assets or (b) to another corporation, partnership, limited
      liability company or other business entity that is an affiliate of the
      undersigned and such transfer is not for value. For purposes of this paragraph,
      “immediate family” shall mean a spouse, child, grandchild or other lineal
      descendant (including by adoption), father, mother, brother or sister of the
      undersigned; and “affiliate” shall have the meaning set forth in Rule 405 under
      the Securities Act of 1933, as amended.

     

    

    Very
      truly yours,

    

    

    

    __________________________________

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