Document:

May 29, 2013

 

 

Mr. Brian Bianchi

2804 Tanku Road

Cedar Park, TX 78613

 

Brian:

 

It is my pleasure to offer you a Key Employee Retention Plan.
 I recognize that much of our success is the result of your personal work and commitment to Crossroads. I also understand
that your contributions are critical to our future success.  I applaud your past accomplishments and hope you will accept
this gesture as an indication of our faith in your continued value and loyalty to Crossroads.

 

I am pleased to offer the following incentives to ensure you
have the opportunity to personally benefit from the shareholder value you will help create:

 

Salary:  Immediate increase from $220,000 to
$235,000.

 

Stock Options:  Subject to Board approval,
which is expected within the next 30 days, you will be granted 300,000 stock options which will vest as follows:  

50,000 on Sep 1, 2013125,000 on June 1, 2014125,000
on June 1, 2015 

If you are terminated for any reason other than "for cause"
these options will vest per the terms of your existing Severance Agreement.

 

As a reminder, your employment with the company continues to
be on an “at-will” basis and your compensation is subject to applicable withholding.

 

Your signature indicates that you understand and accept this
plan.  Again, thank you for your dedication and continued leadership.

 

	 	 
	/s/ Richard K. Coleman, Jr.	5-29-13
	Richard K. Coleman, Jr.	Date
	Interim President & CEO	 
	 	 
	Accepted.	 
	 	 
	/s/ Brian Bianchi	6-4-13
	Brian Bianchi	DateMay 29, 2013

 

 

Mr. David Cerf

5100 El Dorado Pkwy, #594

McKinney, TX 75070

 

David:

 

It is my pleasure to offer you a Key Employee Retention Plan.
 I recognize that many of the company's most visible and potentially lucrative opportunities are the result of your personal
work and commitment to Crossroads. I also understand that Rob Sims' departure has made your contributions even more important to
our success.  I applaud your past accomplishments and hope you will accept this gesture as an indication of our faith in your
continued value and loyalty to Crossroads.

 

I am pleased to offer the following incentives to ensure you
have the opportunity to personally benefit from the shareholder value you will help create:

 

Salary:  Immediate increase from $235,000 to
$250,000.

 

Bonus:  Your bonus opportunity for 2013 is
increased from 35% to 40%.  Your previous bonus targets remain the same.

 

Stock Options:  Subject to Board approval,
which is expected within the next 30 days, you will be granted 300,000 stock options which will vest as follows:  

50,000 on Sep 1, 2013125,000 on June 1, 2014125,000
on June 1, 2015

If you are terminated for any reason other than "for cause"
these options will vest per the terms of your existing Severance Agreement.

 

As a reminder, your employment with the company continues to
be on an “at-will” basis and your compensation is subject to applicable withholding.

 

Your signature indicates that you understand and accept this
plan.  Again, thank you for your dedication and continued leadership.

 

	/s/ Richard K. Coleman, Jr.	5-29-13
	Richard K. Coleman, Jr.  	Date
	Interim President & CEO	 
	 	 
	Accepted.	 
	 	 
	/s/ David Cerf 	6-4-13
	David Cerf	DateFIRST AMENDED RESEARCH &
DEVELOPMENT AGREEMENT

 

THIS FIRST AMENDED
RESEARCH & DEVELOPMENT AGREEMENT (the “Agreement”) is entered into on June 5, 2010 (the “Effective
Date”) by and between Corruven, Inc., a Nevada corporation ("Company") and Corruven Canada, Inc., a
New Brunswick, Canada corporation (“Consultant”) (The Consultant and the Company may be referred to hereinafter
individually as a “Party” and collectively as the “Parties”).

 

RECITALS

 

WHEREAS, on or about
January 5, 2010 the Parties entered into the original research and development agreement (the “Original Agreement,”
a copy of which has been attached hereto as Exhibit A);

 

WHEREAS, Section 3
of the Agreement outlines certain research and development payments to be made to the Consultant by the Company;

 

WHEREAS, due to certain
delays in the Research and development of the Patents and related products (as defined in the Original Agreement), the Parties
wish to amend and restate Section 3 of the Original Agreement in its entirety;

 

AGREEMENT

 

NOW, THEREFORE, in
consideration of the promises and mutual covenants herein contained, the Parties hereto hereby agree to amend and restate Section
3 of the Original Agreement in its entirety as follows:

 

3.           Research
& Development Costs. The Company shall deliver to the Consultant the following cash payments payable in United States Dollars
(the “R&D Payments”), which shall be used for the sole purpose of Research and development of products deriving
from the Patents:

 

		a.	Waived. No payment fee.

 

		b.	$495,982 on or before the second anniversary of the Effective Date;

 

		c.	$440,873 on or before the third anniversary of the Effective Date;

 

		d.	$385,764 on or before the fourth anniversary of the Effective Date;

 

		e.	$330,655 on or before the fifth anniversary of the Effective Date; and

 

		f.	$275,5461 on or before
                                                            the sixth anniversary of the Effective Date and every annual anniversary
                                                            date following the sixth anniversary date for as long as this Agreement
                                                            remains effective.

 

 

		1	Adjusted annually based upon the Canadian Consumer Price Index as quoted by the Bank of Canada.

 

	_______Consultant	_______Company

    	Page 1 of 3

    	 

    

 

SIGNATURE PAGE

 

IN WITNESS WHEREOF,
the Parties hereto have caused this Agreement to be executed as of the date and year first above written.

 

	CONSULTANT	 	COMPANY	 
	 	 	 	 
	CORRUVEN CANADA, INC.	 	CORRUVEN, INC.	 
	A New Brunswick corporation	 	A Nevada corporation	 
	 	 	 	 
	/s/ Alain Belanger	 	/s/ Alain Belanger	 
	 	 	 	 
	By: Alain Belanger	 	By: Alain Belanger	 
	Its: President	 	Its: Chief Executive Officer	 

 

A FACSIMILE COPY OF THIS AGREEMENT SHALL
HAVE THE SAME LEGAL

EFFECT AS AN ORIGINAL OF THE SAME.

 

	_______Consultant	 	_______Company

    	Page 2 of 3

    	 

    

 

EXHIBIT A

 

Research and Development Agreement

 

	_______Consultant	 	_______Company

    	Page 3 of 3INDUSTRIAL LEASE AGREEMENT

 

This Industrial Lease Agreement (the “Agreement”)
is dated and effective as of May 1st 2013,

 

	BETWEEN:	CORRUVEN INC. (the "Lessor"), a company organized and existing under the laws of the State of Nevada, with its head office located at:
	 	 
	 	260 Notre-Dame, Kedgwick, NB, E8B 1H9
	 	 
	 	 
	AND:	CORRUVEN CANADA INC. (the "Lessee"), a company organized and existing under the laws of the Province of New Brunswick, with its head office located at:
	 	 
	 	260 Notre-Dame, Kedgwick, NB, E8B 1H9

 

		1.	PREMISES

 

Corruven Inc., (the “Lessor”,
hereinafter) hereby leases to Corruven Canada Inc., (the “Lessee” hereinafter) and Lessee leases from Lessor for the
term, at the rental, and upon all of the conditions set forth herein, a portion consisting of approximately 10,000 square feet
of that certain real property situated at 355 rue du Pouvoir, Edmundston, NB, Canada, E3V 4K1, with a total square footage of approximately
36,000 and a property identification number 35347582. Said leased space within the real property, including the land and all improvements
therein, is called "the Premises".

 

		2.	TERM

 

		2.1.	Total term of lease: The term of this Lease shall begin on the commencement date (as defined
below), and shall terminate on May 1st, 2015.

 

		2.2.	Commencement date: The "Commencement Date" shall mean the 1st of May,
2013.

 

		3.	RENT: NET LEASE

 

		3.1	Base Rent

 

Lessee shall pay to Lessor the
sum of $30,000.00 per year (the “Annual Lease Payment”) for the duration of this Lease Agreement. The Annual Lease
Payment shall be due and payable quarterly in the amount of $7,500.00 upon the end of each quarter following the Commencement Date
as follows:

 

	Payment Date	 	Payment Amount	 
	 	 	 	 
	June 31, 2013	 	$	5,000.00	 
	September 31, 2013	 	$	7,500.00	 
	December 31, 2013	 	$	7,500.00	 
	March 31, 2014	 	$	7,500.00	 
	June 31, 2014	 	$	7,500.00	 
	September 31, 2014	 	$	7,500.00	 
	December 31, 2014	 	$	7,500.00	 
	March 31, 2015	 	$	7,500.00	 
	April 30, 2015	 	$	2,500.00	 

 

    	Industrial Lease	Page 1 of 4

    	 

    

 

		3.2	Net Lease

 

This Lease is what is commonly
called a "Net, Net, Net Lease", it being understood that, commencing with the first period of the Lease Term, the Lessor
shall receive the rent set forth in Section 3.1 free and clear of any and all other impositions, taxes, liens, charges or expenses
of any nature except as otherwise provided in this agreement.

 

		4.	USE

 

		4.1	Use

 

The Premises shall be used and
occupied for offices, industrial production, research and development, and any other legal use which is otherwise in compliance
with the reasonable rules and regulations that may be imposed by Lessor from time to time on the Premises or on the business park.
Lessee shall not use nor permit the use of the Premises in any manner that will create waste or a nuisance or unreasonably disturb
any other tenants. Lessee's use of the Premises is on a non-exclusive basis with respect to any other Lessees of the business park.

 

		4.2	Compliance with Law

 

		a)	Lessor warrants to Lessee that, to the best of Lessor's knowledge, the Premises, in its state existing
on the Commencement Date, does not violate any laws, permits, licenses, or covenants or restrictions of record, or any applicable
building code, regulation or ordinance in effect on such Commencement Date.

 

		b)	Except as provided in paragraph 4.2 or elsewhere in this Lease, Lessee shall, at Lessee's expense,
comply promptly with all applicable statutes, ordinances, rules, regulations, orders, covenants, and restrictions of record in
effect during the term or any part of the term hereof, regulating the use by Lessee of the Premises.

 

		4.3	Condition of Premises

 

		a)	Except as otherwise provided in this Lease, Lessee hereby accepts the Premises "as is"
in their condition existing as of the Lease Commencement Date, subject to all laws governing and regulating the use of the Premises,
and accepts this Lease subject thereto. Lessee acknowledges that neither Lessor has made any representation or warranty as to the
present or future suitability of the Premises for the conduct of Lessee's business.

 

		b)	No other condition.

 

		5.	HAZARDOUS OR TOXIC MATERIALS

 

Lessee shall not emit, dump, dispose, or
release on the Premises any Toxic Materials, and Lessee shall not allow or permit any agent, vendor, or other entity acting on
Lessee's behalf to emit, dump, dispose, or release on the Premises, any Toxic Materials. Lessee shall not bring, use, or store
on the Premises, or emit, dump, dispose, or release from the Premises, any Toxic Materials in violation of any laws, regulations,
ordinances, or statutes which are now in existence or which may be enacted in the future. Lessee shall remain in full and complete
compliance with all laws, regulations, ordinances, and statutes with respect to Toxic Materials, and Lessee shall install and keep
in good working order any monitoring devices that are necessary to insure Lessee's full and complete compliance therewith.

 

Lessee shall indemnify and hold Lessor
harmless from any claims, liabilities, costs, or expenses incurred or suffered by Lessor arising from Lessee's bringing, using,
emitting, dumping, disposing, or releasing upon the Premises, or generating or creating at or emitting, dumping, disposing, or
releasing from the Premises, any Toxic Materials, or arising from the bringing, using, emitting, dumping, disposing, or releasing
upon the Premises, or generating or creating at or emitting, dumping, disposing, or releasing from the Premises, any Toxic Materials
by any agent, vendor, or other entity acting on Lessee's behalf.

 

    	Industrial Lease	Page 2 of 4

    	 

    

 

		6.	MAINTENANCE, REPAIRS AND ALTERATIONS

 

		6.1	Maintenance - Premises

 

Throughout the term, Lessee
agrees to keep and maintain all improvements and appurtenances in or serving the Premises, excluding all sewer connections, plumbing,
heating and cooling appliances, and wiring, in the same order, condition and repair as they are in on the Commencement Date, or
may be put in during the term, reasonable use and wear excepted. Lessee hereby expressly waives the provisions of any law permitting
repairs by a tenant at the expense of a landlord.

 

		6.2	Maintenance - Common Areas

 

Lessor shall be responsible
for maintaining in a safe, good, and clean condition, the common areas of the Premises and the common areas of the business park
as a whole. Lessee shall have the obligation to notify Lessor, in writing, of any repairs or maintenance to the common areas which
may be required, and Lessor shall have a reasonable time to make such repairs.

 

		6.3	Alterations and Additions

 

No structural alterations or
structural additions shall be made to the Premises by Lessee without the prior written consent of Lessor which Lessor will not
unreasonably withhold. Nothing in this section shall restrict Lessee's right to make any non-structural additions or alterations
provided that Lessee complies with all applicable laws and ordinances

 

		6.4	Tenant Improvements

 

		a)	Lessor shall not provide Lessee with any Tenant Improvement allowance, and Lessor cannot and does
not warrant that any of the Tenant Improvements currently on the Premises that are the property of the current lessee shall remain
on the Premises at the commencement of this Lease.

 

		b)	All changes, alterations or additions to be made to the Premises pursuant to this section, shall
be under the supervision of a competent architect or competent licensed structural engineer and made in accordance with plans and
specifications which have been approved by Lessor prior to commencement of work.

 

		6.5	Plumbing

 

Lessee shall not use the plumbing
facilities for any purpose other than that for which they were constructed. The expense of any breakage, stoppage or other damage
relating to the plumbing and resulting from the introduction by Lessee, its agents, employees, or invitees of foreign substances
into the plumbing facilities shall be borne by Lessee.

 

		7.	INSURANCE

 

Lessee shall be responsible
for all of its insurance requirements.

 

    	Industrial Lease	Page 3 of 4

    	 

    

 

		8.	MISCELLANEOUS PROVISIONS

 

		8.1	Severability

 

The invalidity of any provision
of this Lease as determined by a court of competent jurisdiction, shall in no way affect the validity of any other provision hereof.

 

		8.2	Time of Essence

 

Time is of the essence in the
performance of all obligations under this Lease.

 

		8.3	Rules and Regulations

 

Lessee agrees that it will abide
by, keep and observe all reasonable rules and regulations which Lessor may make from time to time for the management, safety, care
and cleanliness of the building and grounds, the parking of vehicles and the preservation of good order therein as well as for
the convenience of other occupants and tenants of the building. The continued violations of any such rules and regulations shall
be deemed a material breach of this Lease. Lessee, however, shall not be bound by any future rules or regulations, unless it shall
approve same, which approval shall not be unreasonably withheld.

 

		8.4	Corporate Authority

 

Each individual executing this
Lease on behalf of a corporation represents and warrants that he is duly authorized to execute and deliver this Lease on behalf
of the corporation in accordance with a duly adopted resolution of the Board of Directors of the corporation, and that this Lease
is binding upon said corporation in accordance with its terms.

 

		8.5	Square Footage

 

The parties agree that the leased
Premise is approximately 10,000 square feet of the full 36,000 square feet.

 

IN WITNESS WHEREOF, the Parties hereto
have executed this Lease at the place on the dates specified immediately adjacent to their respective signatures.

 

	LESSOR:	 	LESSEE:	 
	 	 	 	 
	CORRUVEN, INC.	 	CORRUVEN CANADA, INC.	 
	 	 	 	 
	/s/ Alain Belanger	 	/s/ Alain Belanger	 
	 	 	 	 
	 	 	 	 
	Alain Bélanger, President	 	Alain Bélanger, President	 

 

    	Industrial Lease	Page 4 of 4

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