Document:

EX-10.3

 Exhibit 10.3 

Execution Version 

LOCK-UP AGREEMENT 

This Lock-Up Agreement is dated as of December 22, 2021 and is by and among Blackstone Products,
Inc., a Delaware corporation (the “Company”), and each of the stockholder parties identified on Exhibit A hereto and the other Persons who enter into a joinder to this Agreement substantially in the form of Exhibit B
hereto with the Company in order to become a “Stockholder Party” for purposes of this Agreement (collectively, the “Stockholder Parties”). 

BACKGROUND: 
 WHEREAS, the
Stockholder Parties own or will own equity interests in the Company and/or Ackrell SPAC Partners I Co., a Delaware corporation (“SPAC”); 

WHEREAS, pursuant to that certain Business Combination Agreement, dated as of December 22, 2021 by and among the Company, SPAC,
Ackrell Merger Sub, Inc. , a newly formed Delaware corporation and wholly-owned subsidiary of the Company (“Merger Sub”), North Atlantic Imports, LLC, a Utah limited liability company (“NAI”), Roger Dahle, an
individual residing in Utah and holder of certain membership interests in the Company (“Dahle”), and North Atlantic Imports, Inc., a business company formed under the laws of the British Virgin Islands (“NAI-BV”) (as it may be amended, supplemented, restated or otherwise modified from time to time, the “Business Combination Agreement”), (i) Merger Sub will be merged with and into SPAC, with
SPAC surviving the Merger as a wholly-owned subsidiary of the Company (the “Merger”), (ii) each share of SPAC’s common stock, par value $0.0001 per share (“SPAC Common Stock”) issued and outstanding immediately
prior to the Effective Time shall automatically be converted into and exchanged (the “Conversion”) for one validly issued, fully paid and nonassessable share of the Company’s common stock, par value $0.0001 per share
(“Company Common Stock”), (iii) NAI-BV will contribute (the “NAI Contribution”) 45 shares of common stock, par value $1.00 per share of Cowell International Inc.
(“Cowell”), a Utah corporation (“Cowell Common Stock”) to the Company in exchange for Company Common Stock, and 33 shares of Cowell Common Stock to SPAC and Cowell will redeem 22 shares of Cowell Common Stock in
exchange for the Cash Consideration, (iv) Dahle will contribute (the “Dahle Contribution”) all of his membership interests in the Company to Company in exchange for shares of Company Common Stock, on the terms and subject to
the conditions set forth therein (collectively, the Merger, Conversion, NAI Contribution, Dahle Contribution and the other transactions contemplated by the Business Combination Agreement, the “Transactions”) and (v) following
the consummation of the Transactions, the Company will be renamed “Blackstone Holdings, Inc.” (the Company from and after the Transactions sometimes referred to herein as the “Surviving Corporation”); and 

WHEREAS, the parties wish to enter into this Agreement to set forth obligations described above and make certain additional agreements
to each other in connection with the Transactions, including (among others) with respect to restrictions on transfer of certain equity interests in the Surviving Corporation. 

NOW, THEREFORE, the parties agree as follows: 

 ARTICLE I 

INTRODUCTORY MATTERS 
 1.1
Defined Terms. Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms in the Business Combination Agreement. For purposes of this Agreement: 

“Action” has the meaning set forth in Section 3.8. 

“Affiliate” has the meaning set forth in Rule 12b-2 promulgated under the Exchange
Act, as in effect on the date hereof. 
 “Agreement” means this Lock-up Agreement,
as the same may be amended, supplemented, restated or otherwise modified from time to time in accordance with the terms hereof. 

“Board” means the board of directors of the Company. 

“Business Combination Agreement” has the meaning set forth in the Background. 

“Business Day” means a day other than a Saturday, Sunday, federal or New York State holiday or other day on which commercial
banks in New York City are authorized or required by Law to close; provided, that banks shall not be deemed to be authorized or obligated to be closed due to a “shelter in place” or similar closure of physical branch locations at
the direction of any Governmental Authority if such banks’ electronic funds transfer systems (including for wire transfers) are open for use by customers on such day. 

“Change of Control” has the meaning set forth in Section 2.1(b)(iii). 

“Chosen Courts” has the meaning set forth in Section 3.7. 

“Company” has the meaning set forth in the Background. 

“Company Common Stock” has the meaning set forth in the Background. 

“Covered Securities” has the meaning set forth in Section 2.1(a). 

“Escrowed Shares” has the meaning set forth in the Subscription Agreement. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder,
as the same may be amended from time to time. 
 “Governmental Authority” means any nation or government, any state or
other political subdivision thereof, and any entity exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government (including stock exchange authorities). 

“immediate family member” has the meaning set forth in Section 2.1(b). 

“Law” means any federal, state, local, municipal, foreign or other law, statute, legislation, principle of common law,
ordinance, code, edict, decree, proclamation, treaty, convention, rule, regulation, directive, requirement, writ, injunction, settlement, Order or Consent that is or has been issued, enacted, adopted, passed, approved, promulgated, made, implemented
or otherwise put into effect by or under the authority of any Governmental Authority. 

  
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 “Lock-Up Period” has the meaning
set forth in Section 2.1(a). 
 “Merger” has the meaning set forth in the Background. 

“Non-Recourse Party” means any past, present or future director, officer, employee,
incorporator, member, partner, stockholder, Affiliate, agent, attorney, advisor or representative of any named party to this Agreement and any past, present or future director, officer, employee, incorporator, member, partner, stockholder,
Affiliate, agent, attorney, advisor or representative of any of the foregoing. 
 “Permitted Transferees” means with
respect to a Stockholder Party, a Transferee of shares that agrees to become party to, and to be bound to the same extent as its Transferor by the terms of, this Agreement. 

“Person” means an individual, a partnership, a corporation, a limited partnership, a limited liability company, a syndicate,
an association, a joint stock company, a trust, an entity, a joint venture, an unincorporated organization, or other form of business organization, whether or not regarded as a legal entity under applicable Law, a person (including, without
limitation, a “person” as defined in Section 13(d)(3) of the Exchange Act) or any Governmental Authority or any department, agency or political subdivision thereof. 

“Remaining Shares” has the meaning set forth in the Subscription Agreements. 

“shares” means shares of Company Common Stock received by the Stockholder Parties pursuant to the Business Combination
Agreement; provided, however, that, for the avoidance of doubt, such term shall not include (i) shares of Company Common Stock or other securities convertible into or exercisable or exchangeable for Company Common Stock, in each case,
acquired in open market transactions after the Closing Date, or (ii) shares of Company Common Stock issued in any private investment in public securities financing being conducted by the SPAC in connection with the Merger. 

“Stockholder Parties” has the meaning set forth in the Preamble. 

“Subscribers” has the meaning set forth the Subscription Agreements. 

“Surviving Corporation” has the meaning set forth in the Background. 

“Transferors” has the meaning set forth in the Subscription Agreements. 

1.2 Construction. The language used in this Agreement will be deemed to be the language chosen by the parties to express their mutual
intent, and no rule of strict construction will be applied against any party. Unless the context otherwise requires: (a) “or” is disjunctive but not exclusive, (b) words in the singular include the plural, and in the plural include
the singular, and (c) the words “hereof”, “herein”, and “hereunder” and words of similar import when used in this Agreement refer to this Agreement as a whole and not to any particular provision of this Agreement,
and Section references are to sections of this Agreement unless otherwise specified. 

  
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 ARTICLE II 

LOCK-UP 

2.1 Lock-Up. 

(a) During the period beginning at the Effective Time and continuing to and including the date that is one hundred eighty
(180) days after the Closing Date (as defined in the Business Combination Agreement) (the “Lock-Up Period”), each Stockholder Party agrees not to, directly or indirectly, offer, sell,
contract to sell, pledge, grant any option to purchase, make any short sale or otherwise dispose of any shares of Company Common Stock, together with any (a) securities paid as dividends or distributions with respect to such securities or
(b) securities that are exchangeable or convertible into shares of Company Common Stock, owned directly by such Stockholder Party (including holding as a custodian) or with respect to which such Stockholder Party has beneficial ownership within
the rules and regulations of the U.S. Securities and Exchange Commission (collectively, the “Covered Securities”). The foregoing restriction is expressly agreed to preclude such Stockholder Parties from engaging in any hedging or
other transaction which is designed to or which reasonably could be expected to lead to or result in a sale or disposition of the Covered Securities even if such Covered Securities would be disposed of by someone other than such Stockholder Parties.
Such prohibited hedging or other transactions would include, without limitation, any short sale or any purchase, sale or grant of any right (including, without limitation, any put or call option) with respect to any of the Covered Securities or with
respect to any security that includes, relates to, or derives any significant part of its value from such Covered Securities. 

(b) Notwithstanding the foregoing or anything in this Agreement to the contrary, at any time after (but in no event before) the
later of (x) the date that the Escrowed Shares are transferred to the Subscribers or (y) the Remaining Shares are transferred to the Transferors in each case pursuant to the applicable provisions of Section 2 of the Subscription
Agreements, a Stockholder Party may transfer or dispose of its Covered Securities (i) by will, other testamentary document or intestacy, (ii) as a bona fide gift or gifts, including to charitable organizations or for bona
fide estate planning purposes, (iii) to any trust, partnership, limited liability company, corporation or other entity for the direct or indirect benefit of the undersigned or an immediate family member of the undersigned (for purposes of
this Section 2.1, “immediate family member” shall mean any relationship by blood, current or former marriage or adoption, not more remote than first cousin), (iv) in the case of an individual, (x) to
any immediate family member or other dependent or (y) to a trust, the beneficiary of which is either an immediate family member of such individual or a charitable organization and, in each case, the sole trustee of which is such individual,
(v) in the case of an individual, pursuant to a qualified domestic relations order, (vi) as a pro rata distribution to limited partners, members or stockholders of such Stockholder Party, (vii) to its Affiliated investment fund
or other Affiliated entity controlled or managed by such Stockholder Party or its Affiliates, (viii) to a nominee or custodian of a Person to whom a disposition or transfer would be permissible under clauses (i) through (vii) above,
(ix) pursuant to an order or decree of a Governmental Authority, (x) pursuant to a bona fide third-party tender offer, merger, consolidation or other similar transaction, in each case, both approved by the Board and made to all
holders of the shares involving a Change of Control (as defined below) (including negotiating and entering into an agreement providing for any such transaction), provided that in the event that such tender offer, merger, consolidation or other such
transaction is not completed, such Stockholder Party’s Covered Securities shall remain subject to the provisions of this Section 2.1, (xi) to the Company (1) pursuant to the exercise of any option to purchase
Company Common Stock granted by the Company pursuant to any employee benefit plans or arrangements (including employee benefit plans or arrangements assumed in connection with the Merger) which are set to expire during the Lock-Up Period, where any Company Common Stock received by the undersigned upon any such exercise will be subject to the terms of this Section 2.1, or (2) for the purpose of satisfying
any withholding taxes (including estimated taxes) due as a result of the exercise of any option to purchase Company Common Stock or the vesting of any restricted stock awards granted by the Company pursuant to employee benefit plans or arrangements
(including employee benefit plans or arrangements assumed in connection with the Merger) which are set to expire or automatically vest during the Lock-Up Period, where any Company Common Stock received by such
Stockholder Party upon any such exercise or vesting will be subject to the terms of this Section 2.1, (xii) pursuant to transactions to satisfy any U.S. federal, state, or local income tax obligations of the Stockholder
Party (or its direct or indirect owners) arising from a change in the U.S. Internal Revenue Code of 1986, as amended (the “Code”), or the U.S. Treasury Regulations promulgated thereunder (the “Regulations”) after
the date on which the Business Combination Agreement was executed by the parties thereto, and such change prevents such transaction from qualifying as an exchange to which Section 351 of the Code applies (and such transaction does not qualify
for similar tax-free treatment pursuant to any successor or other provision of the Code or Regulations taking into account such changes), or (xiii) with the prior written consent of the Company (with the
approval of a majority of the disinterested directors); provided that: 

  
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 (i)in the case of each transfer or distribution pursuant to clauses
(ii) through (viii) above, (a) each donee, trustee, distributee or transferee, as the case may be, agrees to be bound in writing by the restrictions set forth in this Section 2.1; and (b) any such transfer or
distribution shall not involve a disposition for value, other than with respect to any such transfer or distribution for which the transferor or distributor receives (x) equity interests of such transferee or (y) such transferee’s
interests in the transferor; 
 (ii)in the case of each transfer or distribution pursuant to clauses (ii) through (viii)
above, if any public reports or filings (including filings under Section 16(a) of the Exchange Act) reporting a reduction in beneficial ownership of shares shall be required or shall be voluntarily made during the
Lock-Up Period such report or filing shall disclose that such donee, trustee, distributee or transferee, as the case may be, agrees to be bound in writing by the restrictions set forth herein; and 

(iii) for purposes of clause (xi) above, “Change of Control” shall mean the transfer to or acquisition by
(whether by tender offer, merger, consolidation, division or other similar transaction), in one transaction or a series of related transactions, a Person or group of Affiliated Persons (other than an underwriter pursuant to an offering), of the
Company’s voting securities if, after such transfer or acquisition, such Person or group of Affiliated Persons would beneficially own (within the meaning set forth in Rule 13d-3 promulgated under the
Exchange Act) more than 50% of the outstanding voting securities of the Company. 
 (c) For the avoidance of doubt, each
Stockholder Party shall be permitted to convert outstanding preferred stock, warrants to acquire preferred stock or convertible securities or warrants to acquire shares of Company Common Stock into shares of Company Common Stock; provided that any
such shares of Company Common Stock or warrants received upon such conversion shall be subject to the restrictions set forth in this Section 2.1. 

(d) Each Stockholder Party shall be permitted to enter into a trading plan established in accordance with Rule 10b5-1 under the Exchange Act during the applicable Lock-Up Period so long as no transfers or other dispositions of such Stockholder Party’s Covered Securities in
contravention of this Section 2.1(d) are effected prior to the expiration of the applicable Lock-Up Period. 

(e) Each Stockholder Party also agrees and consents to the entry of stop transfer instructions with the Company’s transfer
agent and registrar against the transfer of the Covered Securities except in compliance with the foregoing restrictions and to the addition of a legend to such Stockholder Party’s shares describing the foregoing restrictions. If any transfer is
made or attempted to be made contrary to the provisions of this Agreement, such purported prohibited transfer shall be null and void ab initio, and the Company shall refuse to recognize any such purported transferee of the Covered Securities
as one of its equity holders for any purpose. The Company agrees that it shall not unreasonably delay or condition or refuse to provide its consent to the transfer agent to remove such restrictions for transfers permitted or not prohibited under
this Agreement or the Prospectus. 
 ARTICLE III 

GENERAL PROVISIONS 
 3.1
Termination. Subject to Section 3.13 or the early termination of any provision as a result of an amendment to this Agreement agreed to by the Company and the Stockholder Parties, as provided under
Section 3.3, this Agreement (other than Article III hereof), shall not terminate with respect to a Stockholder Party and its Permitted Transferees until the expiration of the
Lock-Up Period. 

  
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 3.2 Notices. All notices and other communications among the parties shall be in
writing and shall be deemed to have been duly given (i) when delivered in person, (ii) when delivered after posting in the United States mail having been sent registered or certified mail return receipt requested, postage prepaid,
(iii) when delivered by FedEx or other nationally recognized overnight delivery service or (iv) when e-mailed during normal business hours (and otherwise as of the immediately following Business
Day), addressed as follows: 
 If to the Company (or the Surviving Corporation), to: 

        Prior to the Closing Date: 

Ackrell SPAC Partners I Co. 
 2093
Philadelphia Pike #1968 
 Claymont, DE 19703 

Attention: 
 Email: 

with a copy (not constituting notice) to: 

Ellenoff Grossman & Schole LLP 

1345 Avenue of the Americas, 11th Floor 

New York, NY 10105 
 Attention:
Stuart Neuhauser and Matthew A. Gray 
 Email: sneuhauser@egsllp.com and mgray@egsllp.com 

        On or following the Closing Date: 

c/o North Atlantic Imports, LLC 

1073 W. 1700 N. 
 Logan, UT 84321

 Attention: Roger Dahle, Chief Executive Officer 

Email: roger@blackstoneproducts.com 

with a copy (not constituting notice) to: 

O’Melveny & Myers LLP 

2765 Sand Hill Road 
 Menlo Park,
CA 94025 
 Attention: Warren Lazarow and Noah Kornblith Email: 

wlazarow@omm.com and nkornblith@omm.com 

If to any Stockholder Party, to such address indicated on the Company’s records with respect to such Stockholder Party or to such other
address or addresses as such Stockholder Party may from time to time designate in writing. 
 3.3 Amendment; Waiver. 

(a) The terms and provisions of this Agreement may be amended or modified in whole or in part only by a duly authorized
agreement in writing executed by the Company and each of the Stockholder Parties (if this Agreement has not been terminated with respect to such Stockholder Party). Prior to the consummation of the Merger, this Agreement may not be amended without
the prior written consent of NAI. 

  
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 (b) Except as expressly set forth in this Agreement, neither the failure nor
delay on the part of any party hereto to exercise any right, remedy, power or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy power or privilege preclude any other or
further exercise of the same or of any other right, remedy, power or privilege, nor shall any waiver of any right, remedy, power or privilege with respect to any occurrence be construed as a waiver of such right, remedy, power or privilege with
respect to any other occurrence. 
 (c) No party shall be deemed to have waived any claim arising out of this Agreement, or
any right, remedy, power or privilege under this Agreement, unless the waiver of such claim, right, remedy, power or privilege is expressly set forth in a written instrument duly executed and delivered on behalf of such party; and any such waiver
shall not be applicable or have any effect except in the specific instance in which it is given. 
 (d) Any party hereto may
unilaterally waive any of its rights hereunder in a signed writing delivered to the Company. 
 3.4 Further Assurances. The parties
hereto will sign such further documents and do and perform and cause to be done such further acts and things necessary, proper or advisable in order to give full effect to this Agreement and every provision hereof. 

3.5 Assignment. No party hereto shall assign this Agreement or any part hereof without the prior written consent of the other parties.
Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective permitted successors and assigns. Any attempted assignment in violation of the terms of this
Section 3.5 shall be null and void, ab initio. 
 3.6 Third Parties. Except as provided for in
Article III with respect to any Non-Recourse Party, nothing expressed or implied in this Agreement is intended or shall be construed to confer upon or give any Person, other than the parties hereto, any
right or remedies under or by reason of this Agreement. 
 3.7 Governing Law and Jurisdiction. This Agreement shall be governed by,
and construed in accordance with, the Laws of the State of Delaware applicable to contracts executed in and to be performed in that State. All actions and proceedings arising out of or relating to this Agreement shall be heard and determined
exclusively in any Delaware Chancery Court, or if such court does not have subject matter jurisdiction, any state or federal court located in the State of Delaware (the “Chosen Courts”). The parties hereto hereby
(a) irrevocably submit to the exclusive jurisdiction of the Chosen Courts for themselves and with respect to their respective properties for the purpose of any Action arising out of or relating to this Agreement brought by any party hereto, and
(b) agree not to commence any Action relating thereto except in the Chosen Courts, other than Actions in any court of competent jurisdiction to enforce any judgment, decree or award rendered by any such Chosen Court as described herein. Each of
the parties further agrees that notice as provided herein shall constitute sufficient service of process and the parties further waive any argument that such service is insufficient. Each of the parties hereby irrevocably and unconditionally waives,
and agrees not to assert, by way of motion or as a defense, counterclaim or otherwise, in any Action arising out of or relating to this Agreement or the transactions contemplated hereby, (i) any claim that it is not personally subject to the
jurisdiction of the courts in Delaware as described herein for any reason, (ii) that it or its property is exempt or immune from jurisdiction of any such court or from any legal process commenced in such courts (whether through service of
notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise) and (iii) that (A) the Action in any such court is brought in an inconvenient forum, (B) the venue of such Action is
improper or (C) this Agreement, or the subject matter hereof, may not be enforced in or by such courts. 

  
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 3.8 Waiver of Jury Trial. Each of the parties hereto hereby waives to the fullest
extent permitted by applicable Law any right it may have to a trial by jury with respect to any litigation directly or indirectly arising out of, under or in connection with this Agreement. Each of the parties hereto (a) certifies that no
representative, agent or attorney of any other party has represented, expressly or otherwise, that such other party would not, in the event of litigation, seek to enforce that foregoing waiver and (b) acknowledges that it and the other hereto
have been induced to enter into this Agreement by, among other things, the mutual waivers and certifications in this Section 3.8. 

3.9 Specific Performance. The parties agree that irreparable damage for which monetary damages, even if available, would not be an
adequate remedy, would occur in the event that the parties do not perform their obligations under the provisions of this Agreement in accordance with its specified terms or otherwise breach such provisions. The parties acknowledge and agree that
(a) the parties shall be entitled to an injunction, specific performance, or other equitable relief, to prevent breaches of this Agreement and to enforce specifically the terms and provisions hereof, without proof of damages, prior to the valid
termination of this Agreement, and (b) the right of specific enforcement is an integral part of the transactions contemplated by this Agreement and without that right, none of the parties would have entered into this Agreement. Each party
agrees that it will not oppose the granting of specific performance and other equitable relief on the basis that the other parties have an adequate remedy at law or that an award of specific performance is not an appropriate remedy for any reason at
law or equity. The parties acknowledge and agree that any party seeking an injunction to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement in accordance with this
Section 3.9 shall not be required to provide any bond or other security in connection with any such injunction. 

3.10 Entire Agreement. This Agreement constitutes the entire agreement among the parties relating to the subject matter hereof and
supersedes any other agreements, whether written or oral, that may have been made or entered into by or among any of the parties hereto relating to the subject matter hereof. No representations, warranties, covenants, understandings, agreements,
oral or otherwise, relating to the subject matter of this Agreement exist between the parties except as expressly set forth or referenced in this Agreement. 

3.11 Severability. If any provision of this Agreement is held invalid or unenforceable by any court of competent jurisdiction, the other
provisions of this Agreement shall remain in full force and effect. The parties further agree that if any provision contained herein is, to any extent, held invalid or unenforceable in any respect under the Laws governing this Agreement, they shall
take any actions necessary to render the remaining provisions of this Agreement valid and enforceable to the fullest extent permitted by Law and, to the extent necessary, shall amend or otherwise modify this Agreement to replace any provision
contained herein that is held invalid or unenforceable with a valid and enforceable provision giving effect to the intent of the parties. 

3.12 Headings; Counterparts. The captions in this Agreement are for convenience only and shall not be considered a part of or affect the
construction or interpretation of any provision of this Agreement. This Agreement may be executed in two (2) or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same
instrument. A signed copy of this Agreement delivered by facsimile, e-mail or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original signed copy of this
Agreement. 

  
 8 

 3.13 Effectiveness; Termination of Existing Stockholders and Securityholders
Agreements. This Agreement shall be valid and enforceable as of the date of this Agreement and may not be revoked by any party hereto; provided that the provisions herein (other than this Article III) shall not be effective until the
consummation of the Merger. In the event the Business Combination Agreement is terminated in accordance with its terms, this Agreement shall automatically terminate and be of no further force or effect. 

3.14 Non-Recourse. This Agreement may only be enforced against, and any claim or cause of action based upon, arising out of, or related
to this Agreement or the transactions contemplated hereby may only be brought against, the entities that are expressly named as parties hereto, and then only with respect to the specific obligations set forth herein with respect to such party.
Except to the extent a named party to this Agreement (and then only to the extent of the specific obligations undertaken by such named party in this Agreement), no Non-Recourse Party shall have any liability
(whether in contract, tort, equity or otherwise) for any one or more of the representations, warranties, covenants, agreements or other obligations or liabilities of the parties to this Agreement or for any claim based on, arising out of, or related
to this Agreement or the transactions contemplated hereby. 
 3.15 Representation of NAI. Each Stockholder Party acknowledges and
agrees that it has had an adequate opportunity to review this Agreement with its counsel prior to executing this Agreement. Each Stockholder Party further acknowledges and agrees that O’Melveny & Myers LLP represents NAI only, and such
law firm does not represent any Stockholder Party in connection with the Business Combination Agreement, this Agreement or any of the transactions contemplated thereby or hereby. 

[Remainder of Page Intentionally Left Blank] 

  
 9 

 IN WITNESS WHEREOF, the parties hereto have executed this
Lock-Up Agreement on the day and year first above written. 
  

			
	BLACKSTONE PRODUCTS, INC. 
		
	By:	 	
                 

	Name:	 	  

	Title:	 	  

  
 10 

 IN WITNESS WHEREOF, the parties hereto have executed this
Lock-Up Agreement on the day and year first above written. 
  

			
	ACKRELL SPAC SPONSORS I LLC
		
	By:	 	  

		 	Name:
		 	Title:
	  

	Roger Dahle
	
	NORTH ATLANTIC IMPORTS, INC.
		
	By:	 	  

		 	Name:
		 	Title:

  
 11 

 Exhibit A 

Schedule of Stockholder Parties 
 Ackrell
SPAC Sponsors I LLC 
 Roger Dahle 
 North Atlantic Imports,
Inc. 

  
 12 

 Exhibit B 

FORM OF JOINDER TO LOCK-UP AGREEMENT 

December 22, 2021 

Reference is made to the Lock-Up Agreement, dated as of December 22, 2021, by and among
Blackstone Products, Inc., a Delaware corporation (the “Company”, as applicable), and the other Stockholder Parties (as defined therein) from time to time party thereto (as amended from time to time, the “Lock-Up Agreement”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Lock-Up Agreement. 

Each of the Company and each undersigned holder of shares of the Company (each, a “New Stockholder Party”) agrees that this
Joinder to the Lock-Up Agreement (this “Joinder”) is being executed and delivered for good and valuable consideration. 

Each undersigned New Stockholder Party hereby agrees to and does become party to the Lock-Up Agreement
as a Stockholder Party. This Joinder shall serve as a counterpart signature page to the Lock-Up Agreement and by executing below each undersigned New Stockholder Party is deemed to have executed the Lock-Up Agreement with the same force and effect as if originally named a party thereto. 
 This Joinder
may be executed in multiple counterparts, including by means of facsimile or electronic signature, each of which shall be deemed an original, but all of which together shall constitute the same instrument. 

[Remainder of Page Intentionally Left Blank.] 

  
 13 

 IN WITNESS WHEREOF, the undersigned have duly executed this Joinder as of the date first set
forth above. 
  

			
	[NEW STOCKHOLDER PARTY]
		
	By:	 	
                 

	Name:	 	  

	Title:	 	  

	
	BLACKSTONE PRODUCTS, INC
		
	By:	 	
                 

	Name:	 	  

	Title:	 	  

  
 14EX-10.7

 Exhibit 10.7 

Execution Version 

TRANSFEROR AGREEMENT 
 This
TRANSFEROR AGREEMENT (this “Agreement”) is entered into this 22nd day of December 2021, by and among Blackstone Products, Inc., a Delaware corporation (the
“Issuer”), on the one hand, and Roger Dahle, an individual residing in Utah (“Dahle”), North Atlantic Imports Inc., a business company formed under the laws of the British Virgin Islands (“NAI”),
and Ackrell SPAC Sponsors I LLC, a Delaware limited liability company (“Sponsor” and together with Dahle and NAI, the “Transferors”), on the other hand. Capitalized terms used but not otherwise defined herein shall
have the respective meanings ascribed thereto in the Business Combination Agreement (as defined below). 
 WHEREAS, Ackrell SPAC Partners I
Co., a Delaware corporation (“SPAC”), is a blank check company incorporated to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses;

 WHEREAS, the Issuer is a wholly-owned direct subsidiary of SPAC and was formed for the purpose of consummating the transactions
contemplated by the Business Combination Agreement; 
 WHEREAS, Ackrell Merger Sub, Inc., a Delaware corporation (“Merger
Sub”) is a newly formed, wholly-owned, direct subsidiary of the Issuer, and was formed for the sole purpose of the Merger (as defined below); and 

WHEREAS, the Issuer, SPAC, Merger Sub, North Atlantic Imports, LLC, a Utah limited liability company (the “Company”), Dahle,
a holder of certain membership interests in the Company and (“NAI”) will, substantially concurrently with the execution of this Agreement, enter into that certain Business Combination Agreement, dated as of the date hereof (as
amended, modified, supplemented or waived from time to time in accordance with its terms, the “Business Combination Agreement”), pursuant to which, inter alia, (i) Merger Sub will be merged with and into SPAC, with SPAC
surviving the Merger as a wholly-owned subsidiary of the Issuer (the “Merger”) (ii) each share of SPAC’s common stock, par value $0.0001 per share (“SPAC Common Stock”) issued and outstanding immediately prior
to the Effective Time shall automatically be converted into and exchanged (the “Conversion”) for one validly issued, fully paid and nonassessable share of the Issuer’s common stock, par value $0.0001 per share (“Issuer
Common Stock”), (iii) NAI will contribute (the “NAI Contribution”) 45 shares of common stock, par value $1.00 per share of Cowell International Inc. (“Cowell”), a Utah corporation (“Cowell Common
Stock”) to the Issuer in exchange for Issuer Common Stock, and 33 shares of Cowell Common Stock to SPAC and Cowell will redeem 22 shares of Cowell Common Stock in exchange for the Cash Consideration, and (iv) Dahle will contribute (the
“Dahle Contribution”) all of his membership interests in the Company to the Issuer in exchange for shares of Issuer Common Stock, on the terms and subject to the conditions set forth therein (collectively, the NAI Contribution,
Dahle Contribution, Merger, Conversion and the other transactions contemplated by the Business Combination Agreement, the “Transactions”). 

 NOW, THEREFORE, in consideration of the foregoing and the mutual representations, warranties
and covenants, and subject to the conditions, herein contained, and intending to be legally bound hereby, the parties hereto hereby agree as follows: 

1. Transfer Shares. 
 1.1
Notwithstanding Section 3.05 of the Business Combination Agreement, Dahle hereby acknowledges and agrees that 134,217 shares of Issuer Common Stock that constitute a portion of the Dahle Stock Consideration issuable to Dahle pursuant to
Section 3.05 of the Business Combination Agreement (the “Dahle Transfer Shares”) shall not be issued to Dahle in accordance with Section 3.05 of the Business Combination Agreement and instead shall be issued by Issuer to
certain of the Investors in accordance with Section 1.2 of the Subscription Agreements and Dahle shall have no right to the Dahle Transfer Shares 

1.2 Notwithstanding Section 3.03 of the Business Combination Agreement, NAI hereby acknowledges and agrees that 77,390 shares of Issuer
Common Stock that constitute a portion of the NAI Stock Consideration issuable to NAI pursuant to Section 3.03 of the Business Combination Agreement (the “NAI Transfer Shares”) shall not be issued to NAI in accordance with
Section 3.03 of the Business Combination Agreement and instead shall be issued by Issuer to certain of the Investors in accordance with Section 1.2 of the Subscription Agreements and NAI shall have no right to the NAI Transfer Shares. 

1.3 Notwithstanding Section 4.01 of the Business Combination Agreement, Sponsor hereby acknowledges and agrees that 55,063 shares of
Issuer Common Stock that constitute a portion of the Ackrell Per Share Consideration issuable to Sponsor pursuant to Section 4.01 of the Business Combination Agreement (the “Sponsor Transfer Shares”) shall not be issued to
Sponsor in accordance with Section 4.01 of the Business Combination Agreement and instead shall be issued by Issuer to certain of the Investors in accordance with Section 1.2 of the Subscription Agreements and Sponsor shall have no right
to the Sponsor Transfer Shares. 
 2. Investor Make-Whole Shares. 

2.1 Dahle hereby directs that Issuer deposit 903,382 shares of Issuer Common Stock that constitute a portion of the Dahle Stock Consideration
issuable to Dahle pursuant to Section 3.05 of the Business Combination Agreement with the Escrow Agent (the “Dahle Escrowed Shares”), which shall constitute a portion of the Escrowed Shares under the Subscription Agreements.
Dahle acknowledges and agrees that the Dahle Escrowed Shares shall be distributed only in accordance with the terms and provisions of the Subscription Agreement, this Agreement and the Escrow Agreement (as defined below). 

  
 - 2 - 

 2.2 NAI hereby directs that Issuer deposit 520,896 shares of Issuer Common Stock that
constitute a portion of the NAI Stock Consideration issuable to NAI pursuant to Section 3.03 of the Business Combination Agreement with the Escrow Agent (the “NAI Escrowed Shares”), which shall constitute a portion of the
Escrowed Shares under the Subscription Agreements. NAI acknowledges and agrees that the NAI Escrowed Shares shall be distributed only in accordance with the terms and provisions of the Subscription Agreement, this Agreement and the Escrow Agreement.

 2.3 Sponsor hereby directs that Issuer deposit 370,614 shares of Issuer Common Stock that constitute a portion of the Ackrell Per Share
Consideration issuable to Sponsor pursuant to Section 4.01 of the Business Combination Agreement with the Escrow Agent (the “Sponsor Escrowed Shares” and together with the Dahle Escrowed Shares and the NAI Escrowed Shares, the
“Escrowed Shares”), which shall constitute a portion of the Escrowed Shares under the Subscription Agreements. Sponsor acknowledges and agrees that the Sponsor Escrowed Shares shall be distributed only in accordance with the terms
and provisions of the Subscription Agreement, this Agreement and the Escrow Agreement. 
 2.4 Prior to the Closing, the Issuer shall enter
into an escrow agreement (the “Escrow Agreement”), in a form reasonably acceptable to each Transferor, which shall be consistent with the terms and provisions hereof and of the Subscription Agreements. Each of the Transferors and
the Issuer hereby acknowledges and agrees that if there are any Remaining Shares (as defined in the Subscription Agreements), the Issuer shall promptly cause the Escrow Agent to release to each Transferor such Transferor’s Pro Rata Share of the
Remaining Shares. For purposes hereof, “Pro Rata Share” means: (a) with respect to Dahle, 50.33%; (b) with respect to NAI, 29.02%; and (c) with respect to Sponsor, 20.65%. 

2.5 Sponsor hereby directs that Issuer deposit 668,904 shares of Issuer Common Stock that constitute a portion of the Ackrell Per Share
Consideration issuable to Sponsor pursuant to Section 4.01 of the Business Combination Agreement with the Escrow Agent (the “Further Escrowed Shares”), which shall constitute the Additional Escrowed Shares under the
Subscription Agreements. Sponsor acknowledges and agrees that the Further Escrowed Shares shall be distributed only in accordance with the terms and provisions of the Subscription Agreement, this Agreement and the Escrow Agreement. If there are any
Additional Remaining Shares (as defined in the Subscription Agreements), the Issuer shall promptly cause the Escrow Agent to release to Sponsor the Additional Remaining Shares. 

3. Public Shareholder Make-Whole Agreement. If requested by the Issuer prior to the date that is fifteen (15) Business Days prior
to the Closing, each of the Transferors shall execute and deliver to the Issuer (as promptly as practicable after such request by the Issuer, but in no event more than ten (10) Business Days thereafter) a make-whole agreement, in a form
reasonably acceptable to each such Transferor, whereby each Transferor shall, based on such Transferor’s Pro Rata Share, agree to make-whole certain stockholders of the Issuer (as reasonably determined by the Issuer, which, for the avoidance of
doubt, shall not include any of the Transferors or any of the Investors with respect to the number of shares of Issuer Common Stock acquired pursuant to Subscription Agreements) pursuant to terms and provisions substantially similar to those set
forth in Section 2 of the Subscription Agreements; provided, that in no event shall a Transferor be required to agree to any such terms or provisions that would reasonably be expected to (a) result in the Merger, the PIPE Investment (with
respect to the acquisition of Newco Common Stock only), the NAI Contribution or the Dahle Contribution not qualifying as an exchange pursuant to Section 351 of the Code or (b) have other adverse tax consequences to such Transferor. 

  
 - 3 - 

 4. Representations, Warranties and Agreements. 

4.1 Transferors’ Representations, Warranties and Agreements. Each Transferor, on a several and not joint basis, hereby represents
and warrants to the Issuer and acknowledges and agrees with the Issuer as follows: 
 4.1.1 This Agreement has been duly authorized, validly
executed and delivered by such Transferor. This Agreement is enforceable against such Transferor in accordance with its terms, except as may be limited or otherwise affected by (i) bankruptcy, insolvency, fraudulent conveyance, reorganization,
moratorium or other laws relating to or affecting the rights of creditors generally, and (ii) principles of equity, whether considered at law or equity. 

4.1.2 The execution, delivery and performance by such Transferor of this Agreement and the consummation of the transactions contemplated by
this Agreement do not and will not (a) conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a default under, or result in the creation or imposition of any lien, charge or encumbrance upon any of
the property or assets of such Transferor pursuant to the terms of any indenture, mortgage, deed of trust, loan agreement, lease, license or other agreement or instrument to which such Transferor is a party or by which such Transferor is bound or to
which any of the property or assets of such Transferor is subject, which would reasonably be expected to have a material adverse effect on the legal authority of Transferor to enter into and timely perform his, her or its obligations under this
Agreement (a “Transferor Material Adverse Effect”), (ii) if such Transferor is not an individual, result in any violation of the provisions of the organizational documents of such Transferor or (iii) result in any violation of
any statute or any judgment, order, rule or regulation of any court or governmental agency or body, domestic or foreign, having jurisdiction over such Transferor or any of its properties that would reasonably be expected to have a Transferor
Material Adverse Effect. 
 4.2 Issuer’s Representations, Warranties and Agreements. The Issuer hereby represents and warrants to
Transferors and agrees with Transferors as follows: 
 4.2.1 The Issuer has been duly incorporated and is validly existing as a corporation
in good standing under the General Corporation Law of the State of Delaware (“DGCL”), with corporate power and authority to own, lease and operate its properties and conduct its business as presently conducted and to enter into,
deliver and perform its obligations under this Agreement. 

  
 - 4 - 

 4.2.2 This Agreement has been duly authorized, executed and delivered by the Issuer and is
enforceable against the Issuer in accordance with its terms, except as may be limited or otherwise affected by (i) bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or other laws relating to or affecting the rights of
creditors generally and (ii) principles of equity, whether considered at law or equity. 
 4.2.3 The execution, delivery and
performance of this Agreement (including compliance by the Issuer with all of the provisions hereof), will be done in accordance with Nasdaq rules and will not (i) conflict with or result in a breach or violation of any of the terms or
provisions of, or constitute a default under, or result in the creation or imposition of any lien, charge or encumbrance upon any of the property or assets of the Issuer pursuant to the terms of any indenture, mortgage, deed of trust, loan
agreement, lease, license or other agreement or instrument to which the Issuer is a party or by which the Issuer is bound or to which any of the property or assets of the Issuer is subject, which would reasonably be expected to have a material
adverse effect on the legal authority of the Issuer to enter into and perform its obligations under this Agreement (an “Issuer Material Adverse Effect”), (ii) result in any violation of the provisions of the organizational documents
of the Issuer or (iii) result in any violation of any statute or any judgment, order, rule or regulation of any court or governmental agency or body, domestic or foreign, having jurisdiction over the Issuer or any of its properties that would
reasonably be expected to have an Issuer Material Adverse Effect. 
 5. Termination. This Agreement and the Escrow Agreement shall
terminate and be void and of no further force and effect, and all rights and obligations of the parties hereunder shall terminate without any further liability on the part of any party in respect thereof, upon the earlier to occur of (i) such
date and time as the Business Combination Agreement is validly terminated in accordance with its terms and (ii) upon the mutual written agreement of each of the parties hereto to terminate this Agreement; provided that nothing herein
will relieve any party from liability for any willful breach hereof prior to the time of termination, and each party will be entitled to any remedies at law or in equity to recover losses, liabilities or damages arising from such breach. The Issuer
shall promptly notify Transferors of the termination of the Business Combination Agreement promptly after the termination of such agreement. 

6. Miscellaneous. 
 6.1
Further Assurances. The parties hereto shall execute and deliver such additional documents and take such additional actions as the parties reasonably may deem to be practical and necessary in order to consummate the transactions contemplated
hereby. 

  
 - 5 - 

 6.2 Notices. Any notice or communication required or permitted hereunder shall be in
writing and either delivered personally, emailed or sent by overnight mail via a reputable overnight carrier, or sent by certified or registered mail, postage prepaid, and shall be deemed to be given and received (i) when so delivered
personally, (ii) when sent, with no mail undeliverable or other rejection notice, if sent by email, or (iii) three (3) Business Days after the date of mailing to the address below or to such other address or addresses as such person may
hereafter designate by notice given hereunder: 
  

	 	(i)	 if to the Issuer (prior to the Closing), to: 

Ackrell SPAC Partners I Co. 
 2093
Philadelphia Pike #1968 
 Claymont, DE 19703 

Attn: William Lamkin 
 Email:
blamkin@ackrellspac.com 
 with a required copy (which copy shall not constitute notice) to: 

Ellenoff Grossman & Schole LLP 

1345 Avenue of the Americas, 11th Floor 

New York, NY 10105 
 Attention:
Matthew A. Gray, Esq. 
 Email: mgray@egsllp.com 
  

	 	(ii)	 if to the Sponsor, to: 

Ackrell SPAC Sponsors I LLC 
 2093
Philadelphia Pike #1968 
 Claymont, DE 19703 

Attention: Stephen N. Cannon 

Email: steve@spacpartners.com 

with a required copy (which copy shall not constitute notice) to: 

Ellenoff Grossman & Schole LLP 

1345 Avenue of the Americas, 11th Floor 

New York, NY 10105 
 Attention:
Matthew A. Gray, Esq. 
 Email: mgray@egsllp.com 
  

	 	(iii)	 if to Dahle, NAI or the Issuer (after the Closing), to: 

North Atlantic Imports, LLC 
 1073
W. 1700 
 N. Logan, UT 84321 

Attention: Roger Dahle 
 Email:
roger@blackstoneproducts.com 

  
 - 6 - 

 with a required copy (which copy shall not constitute notice) to: 

O’Melveny & Myers LLP 

2765 Sand Hill Road 
 Menlo Park,
CA 94025 
 Attention: Warren T. Lazarow, Esq. and Noah Kornblith 

Email: wlazarow@omm.com and nkornblith@omm.com 

6.3 Entire Agreement. This Agreement constitutes the entire agreement, and supersedes all other prior agreements, understandings,
representations and warranties, both written and oral, among the parties, with respect to the subject matter hereof, including any commitment letter entered into relating to the subject matter hereof. 

6.4 Modifications and Amendments. This Agreement may not be amended, modified, supplemented or waived (i) except by an instrument
in writing signed by the party against whom enforcement of such amendment, modification, supplement or waiver is sought and (ii) without the prior written consent of the Issuer and the Company. 

6.5 Assignment. Neither this Agreement nor any rights, interests or obligations that may accrue to the parties hereunder may be
transferred or assigned without the prior written consent of each of the other parties hereto. 
 6.6 Benefit. 

6.6.1 Except as otherwise provided herein, this Agreement shall be binding upon, and inure to the benefit of the parties hereto and their
heirs, executors, administrators, successors, legal representatives, and permitted assigns, and the agreements, representations, warranties, covenants and acknowledgments contained herein shall be deemed to be made by, and be binding upon, such
heirs, executors, administrators, successors, legal representatives and permitted assigns. This Agreement shall not confer rights or remedies upon any person other than the parties hereto and their respective successors and assigns and other than
the Company, which shall be an intended third party beneficiary hereof. 
 6.6.2 Each of the Issuer, SPAC and Transferors acknowledges and
agrees that (a) this Agreement is being entered into in order to induce the Company to execute and deliver the Business Combination Agreement and without the representations, warranties, covenants and agreements of the Issuer and the
Transferors hereunder, the Company would not enter into the Business Combination Agreement, (b) each representation, warranty, covenant and agreement of the Issuer and the Transferors hereunder is being made also for the benefit of the Company,
and (c) the Company may directly enforce (including by an action for specific performance, injunctive relief or other equitable relief) each of the covenants and agreements of each of the Issuer and Transferors under this Agreement. 

  
 - 7 - 

 6.7 Governing Law. This Agreement, and any claim or cause of action hereunder based
upon, arising out of or related to this Agreement (whether based on law, in equity, in contract, in tort or any other theory) or the negotiation, execution, performance or enforcement of this Agreement, shall be governed by and construed in
accordance with the Laws of the State of Delaware, without giving effect to the principles of conflicts of law thereof that would result in the application of any other jurisdiction’s laws. 

6.8 Consent to Jurisdiction; Waiver of Jury Trial. Each of the parties irrevocably consents to the exclusive jurisdiction and venue of
the Court of Chancery of the State of Delaware, provided that if subject matter jurisdiction over the matter that is the subject of the legal proceeding is vested exclusively in the U.S. federal courts, such legal proceeding shall be heard in
the U.S. District Court for the District of Delaware (together with the Court of Chancery of the State of Delaware, “Chosen Courts”), in connection with any matter based upon or arising out of this Agreement. Each party hereby
waives, and shall not assert as a defense in any legal dispute, that (i) such person is not personally subject to the jurisdiction of the Chosen Courts for any reason, (ii) such legal proceeding may not be brought or is not maintainable in
the Chosen Courts, (iii) such person’s property is exempt or immune from execution, (iv) such legal proceeding is brought in an inconvenient forum or (v) the venue of such legal proceeding is improper. Each party hereto hereby
consents to service of process in any such proceeding in any manner permitted by Delaware law, further consents to service of process by nationally recognized overnight courier service guaranteeing overnight delivery, or by registered or certified
mail, return receipt requested, at its address specified pursuant to Section 5.2 and waives and covenants not to assert or plead any objection which they might otherwise have to such manner of service of process.
Notwithstanding the foregoing in this Section 5.8, a party may commence any action, claim, cause of action or suit in a court other than the Chosen Courts solely for the purpose of enforcing an order or judgment issued by
the Chosen Courts. TO THE EXTENT NOT PROHIBITED BY APPLICABLE LAW WHICH CANNOT BE WAIVED, EACH OF THE PARTIES WAIVES ANY RIGHT TO TRIAL BY JURY ON ANY CLAIMS OR COUNTERCLAIMS ASSERTED IN ANY LEGAL DISPUTE RELATING TO THIS AGREEMENT WHETHER NOW
EXISTING OR HEREAFTER ARISING. IF THE SUBJECT MATTER OF ANY SUCH LEGAL DISPUTE IS ONE IN WHICH THE WAIVER OF JURY TRIAL IS PROHIBITED, NO PARTY SHALL ASSERT IN SUCH LEGAL DISPUTE A NONCOMPULSORY COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS
AGREEMENT. FURTHERMORE, NO PARTY SHALL SEEK TO CONSOLIDATE ANY SUCH LEGAL DISPUTE WITH A SEPARATE ACTION OR OTHER LEGAL PROCEEDING IN WHICH A JURY TRIAL CANNOT BE WAIVED. 

  
 - 8 - 

 6.9 Severability. If any provision of this Agreement shall be invalid, illegal or
unenforceable, the validity, legality or enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby and shall continue in full force and effect. 

6.10 No Waiver of Rights, Powers and Remedies. No failure or delay by a party hereto in exercising any right, power or remedy under this
Agreement, and no course of dealing between the parties hereto, shall operate as a waiver of any such right, power or remedy of such party. No single or partial exercise of any right, power or remedy under this Agreement by a party hereto, nor any
abandonment or discontinuance of steps to enforce any such right, power or remedy, shall preclude such party from any other or further exercise thereof or the exercise of any other right, power or remedy hereunder. The election of any remedy by a
party hereto shall not constitute a waiver of the right of such party to pursue other available remedies. No notice to or demand on a party not expressly required under this Agreement shall entitle the party receiving such notice or demand to any
other or further notice or demand in similar or other circumstances or constitute a waiver of the rights of the party giving such notice or demand to any other or further action in any circumstances without such notice or demand. 

6.11 Remedies. The parties agree that the Issuer, the Company and the Transferors would suffer irreparable damage if this Agreement was
not performed in accordance with its specific terms or was otherwise breached and that money damages or other legal remedies would not be an adequate remedy for any such damage. It is accordingly agreed that the Issuer, the Transferors and the
Company shall be entitled to equitable relief, including in the form of an injunction or injunctions, to prevent breaches or threatened breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement in an
appropriate court of competent jurisdiction as set forth in Section 5.8, this being in addition to any other remedy to which any party is entitled at law or in equity, including money damages. The parties hereto further
agree (i) to waive any requirement for the security or posting of any bond in connection with any such equitable remedy, (ii) not to assert that a remedy of specific enforcement pursuant to this Section 5.11 is
unenforceable, invalid, contrary to applicable law or inequitable for any reason and (iii) to waive any defenses in any action for specific performance, including the defense that a remedy at law would be adequate. 

6.12 Headings and Captions. The headings and captions of the various subdivisions of this Agreement are for convenience of reference
only and shall in no way modify or affect the meaning or construction of any of the terms or provisions hereof. 
 6.13 Counterparts.
This Agreement may be executed in one or more counterparts, all of which when taken together shall be considered one and the same agreement and shall become effective when counterparts have been signed by each party and delivered to the other
parties, it being understood that the parties need not sign the same counterpart. In the event that any signature is delivered by facsimile transmission or any other form of electronic delivery, such signature shall create a valid and binding
obligation of the party executing (or on whose behalf such signature is executed) with the same force and effect as if such signature page were an original thereof. 

  
 - 9 - 

 6.14 Construction. The words “include,” “includes,”
and “including” will be deemed to be followed by “without limitation.” Pronouns in masculine, feminine, and neuter genders will be construed to include any other gender, and words in the singular form will be
construed to include the plural and vice versa, unless the context otherwise requires. The words “this Agreement,” “herein,” “hereof,” “hereby,” “hereunder,” and
words of similar import refer to this Agreement as a whole and not to any particular subdivision unless expressly so limited. The parties hereto intend that each representation, warranty, and covenant contained herein will have independent
significance. If any party hereto has breached any representation, warranty, or covenant contained herein in any respect, the fact that there exists another representation, warranty or covenant relating to the same subject matter (regardless of the
relative levels of specificity) which such party hereto has not breached will not detract from or mitigate the fact that such party hereto is in breach of the first representation, warranty, or covenant. All references in this Agreement to numbers
of shares, per share amounts and purchase prices shall be appropriately adjusted to reflect any stock split, stock dividend, stock combination, recapitalization or the like occurring after the date hereof. 

6.15 Mutual Drafting. This Agreement is the joint product of the parties hereto and each provision hereof has been subject to the mutual
consultation, negotiation and agreement of the parties and shall not be construed for or against any party hereto. 
 7. Consent to
Disclosure. The Transferors hereby consent to the publication and disclosure in any press release issued by the Issuer, SPAC or the Company or Form 8-K filed by the Issuer with the Commission in connection
with the execution and delivery of the Business Combination Agreement and the Proxy Statement (and, as and to the extent otherwise required by the federal securities laws or the Commission or any other securities authorities, any other documents or
communications provided by the Issuer, SPAC or the Company to any Governmental Authority or to securityholders of the Issuer, SPAC) of each such Transferor’s identity and beneficial ownership of Issuer Common Stock and the nature of such
Transferor’s commitments, arrangements and understandings under and relating to this Agreement and, if deemed appropriate by the Issuer, SPAC or the Company, a copy of this Agreement; provided that, in the case of such disclosures by the
Issuer, SPAC or the Company, the Issuer, SPAC or Company, as applicable, shall provide Transferor with prior written notice (including by e-mail) of such permitted disclosure, and shall reasonably consult with
Transferor regarding such disclosure, in each case, to the extent such disclosure specifically names Transferor. Transferor will promptly provide any information reasonably requested by the Issuer or the Company for any regulatory application or
filing made or approval sought in connection with the Transactions (including filings with the Commission). 
 8. Non-Reliance. With respect to each Public Stockholder, by acceptance of any Make-Whole Shares, such Public Stockholder acknowledges that it is not relying upon, and has not relied upon, any statement,
representation or warranty made by any person, firm or corporation (including, without limitation, the Company or the Transferors, any of their respective affiliates or any of its or their respective control persons, officers, directors or
employees), in connection with the receipt of any Make-Whole Shares. 
 [Signature Page Follows] 

  
 - 10 - 

 IN WITNESS WHEREOF, each of the Issuer and the Transferors has executed or caused
this Agreement to be executed by its duly authorized representative as of the date first set forth above. 
  

			
	BLACKSTONE PRODUCTS, INC.
		
	By:	 	  

	Name:	 	Daniel L. Sheehan
	Title:	 	President and Secretary
	
	TRANSFERORS:
		
	By:	 	  

	Name:	 	Roger Dahle
	
	NORTH ATLANTIC IMPORTS INC.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	ACKRELL SPAC SPONSORS I LLC
		
	By:	 	  

	Name:	 	Stephen N. Cannon
	Title:	 	Managing Member

  
 - 11 -

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