Document:

SECURITIES PURCHASE AGREEMENT

This SECURITIES
PURCHASE AGREEMENT (the “Agreement”) is dated as of February 23, 2012 by and among NorWesTech, Inc., a
corporation organized under the laws of Delaware (the “Company”), and each purchaser identified on the
signature pages hereto (individually, a “Purchaser” and collectively, the
“Purchasers”).

 

W I T N E S S E T H:

 

WHEREAS, the Company
is conducting a private offering (the “Offering”) for which John Thomas Financial (the “Placement Agent”)
is acting as placement agent, consisting of a of $3,000,000 of shares (the “Series B Shares”) of the Company’s
Series B Convertible Preferred Stock, $0.01 par value per share, with such rights, privileges and preferences as are set forth
in the certificate of designation (the “Certificate of Designation”) attached hereto as Exhibit A (the
“Series B Preferred Stock”), at a purchase price of $1.00 per share, pursuant to Section 4(2) of the Securities
Act of 1933, as amended (the “Securities Act”) and Rule 506 promulgated under Regulation D (“Regulation
D”) thereunder in accordance with the rules and regulations of the United States Securities and Exchange Commission (the
“Commission”); and

WHEREAS, each Purchaser
desires to purchase that number of Series B Shares set forth on such Purchaser’s signature page attached hereto on the terms
and conditions hereinafter set forth; and

WHEREAS, shares of the
Company’s common stock, par value $0.01 per share (“Common Stock”), issuable upon conversion of the Series
B Shares (and such shares when issued) are herein referred to as the “Conversion Shares” and the Series B Shares
and the Conversion Shares are sometimes collectively referred to herein as the “Shares.” Capitalized terms used
and not otherwise defined herein shall have the respective meanings set forth in the Confidential Private Placement Memorandum
of the Company, dated as of February 7, 2012 (the “Memorandum”).

 

NOW, THEREFORE, in consideration
of the premises and the mutual representations and covenants hereinafter set forth, the parties hereto do hereby agree as follows:

 

Purchase and Sale of Series B Shares

Section 1.1 Purchase
and Sale of Series B Shares; Form of Payment. Upon the terms and conditions set forth herein, at the Closing the Company shall
issue and sell to each Purchaser, and each Purchaser severally, but not jointly, shall irrevocably purchase from the Company such
number of Series B Shares as is set forth on such Purchaser’s signature page hereto in exchange for payment by such Purchaser
of the amount (the “Purchase Price”) as is set forth on such Purchaser’s signature page hereto. Pending
the sale of the Series B Shares, all funds paid hereunder shall be deposited in an escrow account (“Escrow Account”)
with Signature Bank (the “Escrow Agent”). Each Purchaser shall deliver its respective Purchase Price for the
Series B Shares to be issued and sold to such Purchaser at the Closing by wire transfer of immediately available funds to the Escrow
Account in accordance with the following wiring instructions, such funds to be wired at the time such Purchaser executes this Agreement:

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	Account Name:	Signature Bank as Escrow Agent for NorWesTech, Inc.
	Acct #:	1501733284
	ABA/Routing #:	026013576
	SWIFT Code:	SIGNUS33
	Address:	Signature Bank
	 	950 Third Ave, 9th FL
	 	New York, NY 10022
	 	Attn: PCG# 311

 

Section 1.2 Offering
Period; Closing. The Series B Shares will be offered for sale until the earlier of (a) the date upon which subscriptions for
all of the Series B Shares offered in the Offering have been accepted by the Company; (b) the date upon which the Company and the
Placement Agent elect to terminate the Offering; or (c) February 29, 2012, subject to the right of the Company to extend the Offering
for a period of up to 30 days (the “Termination Date”).Each Purchaser acknowledges and understands that the
Offering is being made on an “all-or-none” basis. Each Purchaser acknowledges and understands that the Closing hereunder
shall be conducted only upon the receipt and acceptance by the Company of subscriptions for all of the Preferred Shares offered
in the Offering. The closing of the purchase and sale of the Series B Shares (the “Closing”) to be acquired
by the Purchasers from the Company under this Agreement shall take place at the offices of Sills Cummis & Gross, P.C., counsel
to the Company, at 1:00 p.m., New York time on such date as the Placement Agent and the Company may agree upon; provided, that
all of the conditions set forth in Article III hereof and applicable to the Closing shall have been fulfilled or waived in accordance
herewith (the “Closing Date”).

Section 1.3 Deliveries
at Closing. Subject to the terms and conditions of this Agreement, at the Closing (a) the Company shall issue that number of
Series B Shares set forth on such Purchaser’s signature page hereto in the name of each such Purchaser; and (b) such Purchaser’s
Purchase Price for the Series B Shares being purchased by such Purchaser will be delivered on behalf of each such Purchaser from
the Escrow Account to the Company. Each Purchaser acknowledges and agrees that certificates evidencing the Preferred Shares will
not be issued and delivered at the Closing and further acknowledges and agrees that the Company shall issue certificates evidencing
the Conversion Shares following the conversion of the Preferred Shares in accordance with the terms of the Certificate of Designation.

Section 1.4 Contribution
Transaction. The parties hereto acknowledge that prior to the consummation of the transactions contemplated by this Agreement,
the Company and Grandparents.com, LLC, a Florida limited liability company (“Grandparents”), will enter into
an Asset Contribution Agreement (the “Asset Contribution Agreement”) pursuant to which Grandparents shall contribute
substantially all of its assets and liabilities to the Company in exchange for the issuance by the Company of one (1) share of
its Series A Convertible Preferred Stock, par value $0.01 per share, such share representing approximately 65%
of the aggregate voting power in the election of the Company’s directors on an as converted basis and being convertible
into shares of Common Stock representing approximately 65% of the Common Stock outstanding following the closing of the Transaction
and the Offering, and a warrant to purchase shares of Common Stock.

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ARTICLE
II

Representations and Warranties

Section 2.1 Representations
and Warranties of the Company. The Company hereby makes the following representations and warranties to each Purchaser as of
the Closing Date:

(a) Organization,
Good Standing and Power. The Company is a corporation duly incorporated, validly existing and in good standing under the laws
of the State of Delaware and has the requisite corporate power to own, lease and operate its properties and assets and to conduct
its business as it is now being conducted. The Company does not have any operating subsidiaries except as set forth in the Memorandum.
The Company and each such subsidiary is duly qualified as a foreign corporation to do business and is in good standing in every
jurisdiction in which the nature of the business conducted or property owned by it makes such qualification necessary except for
any jurisdiction(s) (alone or in the aggregate) in which the failure to be so qualified could not reasonably be expected to have
a Material Adverse Effect (as defined in Section 2.1(c) hereof) on the Company’s financial condition.

(b) Authorization;
Enforcement. The Company has the requisite corporate power and authority to enter into and perform this Agreement, the Registration
Rights Agreement by and among the Company, the Purchasers and the other parties thereto named therein (the “Registration
Rights Agreement”) and the Escrow Agreement by and among the Company, Grandparents.com, LLC, Placement Agent and the
Escrow Agent (the “Escrow Agreement”) (collectively, the “Transaction Documents”) and to
issue and sell the Series B Shares in accordance with the terms hereof. The execution, delivery and performance of the Transaction
Documents by the Company and the consummation by it of the transactions contemplated hereby and thereby have been duly and validly
authorized by all necessary corporate action, and no further consent or authorization of the Company or its Board of Directors
or stockholders is required. This Agreement has been duly executed and delivered by the Company. The other Transaction Documents
will have been duly executed and delivered by the Company at the Closing. Each of the Transaction Documents constitutes, or shall
constitute when executed and delivered, a valid and binding obligation of the Company enforceable against the Company in accordance
with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, fraudulent transfer,
fraudulent conveyance, moratorium, liquidation, conservatorship, receivership or similar laws relating to, or affecting generally
the enforcement of, creditor’s rights and remedies or by other equitable principles of general application.

(c) Capitalization.
The authorized capital stock of the Company and the shares thereof issued and outstanding immediately prior to the Closing will
be as set forth in the Memorandum. Except as set forth in the Company’s reports filed with the Commission or as contemplated
by the Transaction Documents, the Asset Contribution Agreement or the Memorandum, there are no contracts, commitments, understandings,
or arrangements by which the Company is or may become bound to issue additional shares of the capital stock of the Company or options,
securities or rights convertible into shares of capital stock of the Company. The Company has furnished or made available to the
Purchasers true and correct copies of the Company’s Certificate of Incorporation as in effect on the date hereof (the “Certificate”),
and the Company’s Bylaws as in effect on the date hereof (the “Bylaws”). For purposes of this Agreement,
“Material Adverse Effect” means any material adverse effect on the business, operations, properties, or financial
condition of the Company and its subsidiaries, taken as a whole and/or any condition, circumstance, or situation that would prohibit
or otherwise materially interfere with the ability of the Company to perform any of its obligations under this Agreement in any
material respect.

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(d) Issuance
of Securities. The Series B Shares have been duly and validly authorized and, when issued and paid for pursuant to this Agreement,
will be validly issued, fully paid and nonassessable, and shall be free and clear of all encumbrances and restrictions (other than
those created by the Purchasers), except for restrictions on transfer set forth in the Transaction Documents or imposed by applicable
securities laws. Upon the due conversion of the Series B Shares in accordance with their terms, the Conversion Shares will be validly
issued, fully paid and non-assessable free and clear of all encumbrances and restrictions, except for restrictions imposed by applicable
securities laws and except for those created by the Purchasers.

(e) No Conflicts.
The execution, delivery and performance of the Transaction Documents by the Company and the consummation by the Company of the
transactions contemplated herein and therein do not and will not (i) violate any provision of the Company’s Certificate or
Bylaws, (ii) conflict with, or constitute a default (or an event which with notice or lapse of time or both would become a default)
under, or give to others any rights of termination, amendment, acceleration or cancellation of, any agreement, mortgage, deed of
trust, indenture, note, bond, license, lease agreement, instrument or obligation to which the Company is a party or by which it
or its properties or assets are bound, (iii) create or impose a lien, mortgage, security interest, charge or encumbrance of any
nature on any property of the Company under any agreement or any commitment to which the Company is a party or by which the Company
is bound or by which any of its respective properties or assets are bound, or (iv) result in a violation of any federal, state,
local or foreign statute, rule, regulation, order, judgment or decree (including Federal and state securities laws and regulations)
applicable to the Company or any of its subsidiaries or by which any property or asset of the Company or any of its subsidiaries
are bound or affected, except, in all cases other than violations pursuant to clauses (i) and (iv) above, for such conflicts, defaults,
terminations, amendments, accelerations, cancellations and violations as could not reasonably be expected, individually or in the
aggregate, to have a Material Adverse Effect.

Section 2.2 Representations
and Warranties of the Purchasers. Each Purchaser hereby makes the following representations and warranties to the Company as
of the date hereof and Closing Date, with respect solely to itself and not with respect to any other Purchaser:

(a) Organization
and Good Standing of the Purchasers. If the Purchaser is an entity, such Purchaser is a corporation, partnership or limited
liability company duly incorporated or organized, validly existing and in good standing under the laws of the jurisdiction of its
incorporation or organization.

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(b) Authorization
and Power. Such Purchaser has the requisite power and authority to enter into and perform this Agreement and each of the other
Transaction Documents to which such Purchaser is a party and to purchase the Series B Shares being sold to it hereunder. The execution,
delivery and performance of this Agreement and each of the other Transaction Documents to which such Purchaser is a party by such
Purchaser and the consummation by it of the transactions contemplated hereby and thereby have been duly authorized by all necessary
corporate or partnership action, and no further consent or authorization of such Purchaser or its Board of Directors, stockholders,
or partners, as the case may be, is required. This Agreement and each of the other Transaction Documents to which such Purchaser
is a party has been duly authorized, executed and delivered by such Purchaser and constitutes, or shall constitute when executed
and delivered, a valid and binding obligation of such Purchaser enforceable against such Purchaser in accordance with the terms
thereof.

(c) No Conflicts.
The execution, delivery and performance of this Agreement and each of the other Transaction Documents to which such Purchaser is
a party and the consummation by such Purchaser of the transactions contemplated hereby and thereby or relating hereto do not and
will not (i) result in a violation of such Purchaser’s charter documents, bylaws, operating agreement, partnership agreement
or other organizational documents (if such Purchaser is not a natural person) or (ii) conflict with, or constitute a default (or
an event which with notice or lapse of time or both would become a default) under, or give to others any rights of termination,
amendment, acceleration or cancellation of any agreement, indenture or instrument or obligation to which such Purchaser is a party
or by which its properties or assets are bound, or result in a violation of any law, rule, or regulation, or any order, judgment
or decree of any court or governmental agency applicable to such Purchaser or its properties (except for such conflicts, defaults
and violations as would not, individually or in the aggregate, have a material adverse effect on such Purchaser). Such Purchaser
is not required to obtain any consent, authorization or order of, or make any filing or registration with, any court or governmental
agency in order for it to execute, deliver or perform any of its obligations under this Agreement or any other Transaction Document
to which such Purchaser is a party or to purchase the Series B Shares in accordance with the terms hereof.

(d) Acquisition
for Investment. Such Purchaser is acquiring the Shares proposed to be acquired by such Purchaser hereunder solely for its own
account for the purpose of investment and not with a view to or for the resale or distribution of any part thereof. Such Purchaser
does not have a present intention to sell such Shares, nor a present arrangement (whether or not legally binding) or intention
to effect any distribution of such Shares to or through any person or entity; provided, however, that by making the
representations herein and subject to Section 2.2(h) below, such Purchaser does not agree to hold such Shares for any minimum
or other specific term and reserves the right to dispose of such Shares at any time in accordance with federal and state securities
laws applicable to such disposition.

(e) Accredited
Investor; Suitability. Such Purchaser is an “accredited investor” as defined in Regulation D. Such Purchaser is
not required to be registered as a broker-dealer under Section 15 of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), and such Purchaser is not a broker-dealer, nor an affiliate of a broker-dealer. Such Purchaser has sufficient
knowledge and experience in finance, securities, investments and other business matters to be able evaluate the risks and merits
of its investment in the Company and to protect such Purchaser’s interests in connection with the transactions contemplated
by this Agreement and such Purchaser has consulted, to the extent that it has deemed necessary, with its tax, legal, accounting
and financial advisors concerning its investment in the Shares and can afford to bear such risks for an indefinite period of time,
including, without limitation, the risk of losing its entire investment in the Shares.

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(f) Opportunities
for Additional Information. Such Purchaser acknowledges that it has been given full access to such records of the Company and
to the officers of the Company and received such information as it has deemed necessary or appropriate to conduct its due diligence
investigation. Such Purchaser acknowledges that such Purchaser has had the opportunity to ask questions of and receive answers
from, or obtain additional information from, the executive officers of the Company concerning the financial and other affairs of
the Company, and that all such questions have been answered to Purchaser’s full satisfaction. Except
as expressly set forth in this Agreement, no oral or written representations or warranties have been made to Purchaser by the Company,
Grandparents or by any agent, employee, or affiliate of the Company or Grandparents. In making the decision to invest in
the Company and its business, such Purchaser hereby acknowledges that such Purchaser has relied solely upon the Memorandum and
that the Memorandum supersedes any other information provided to such Purchaser.

(g) Risk
Factors. Such Purchaser is aware that an investment in the Shares involves substantial risks. Purchaser has reviewed
and understands the risk factors contained in the Memorandum. The purchases of the Shares offered hereby must be regarded as the
placing of funds at high risk in a new venture with all of the unforeseen costs, expenses, problems and difficulties to which such
ventures are subject. There can be no assurance that the Company will be able to successfully implement its business plan or develop
into a successful or profitable business.

(h) No General
Solicitation. Such Purchaser acknowledges that the Series B Shares were not offered to such Purchaser by means of any form
of general or public solicitation or general advertising, or publicly disseminated advertisements or sales literature, including
(i) any advertisement, article, notice or other communication published in any newspaper, magazine, or similar media, or broadcast
over television or radio, or (ii) any seminar or meeting to which such Purchaser was invited by any of the foregoing means of communications.

(i) Restricted
Securities. Such Purchaser understands that the Shares are “restricted securities” under the Securities Act and
that the Shares must be held indefinitely unless such Shares are registered under the Securities Act or an exemption from registration
is available. Such Purchaser acknowledges that such Purchaser is familiar with Rule 144 of the rules and regulations of the Commission,
as amended, promulgated pursuant to the Securities Act (“Rule 144”), and that such person has been advised that
Rule 144 permits resales only under certain circumstances. Such Purchaser understands that to the extent that Rule 144 is not available,
such Purchaser will be unable to sell any Shares without either registration under the Securities Act or the existence of another
exemption from such registration requirement. Such Purchaser will not transfer any or all of such Purchaser’s Shares absent
an effective registration statement under the Securities Act and applicable state securities law covering the disposition of such
Purchaser’s Shares, without first providing the Company with an opinion of counsel (which counsel and opinion are reasonably
satisfactory to the Company) to the effect that such transfer will be exempt from the registration and the prospectus delivery
requirements of the Securities Act and the registration or qualification requirements of any applicable state securities laws.
Such Purchaser understands and agrees that the Shares have not been registered under the Securities Act or the securities laws
of any state of the United States.

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(j) Independent
Investment. No Purchaser has agreed to act with any other Purchaser for the purpose of acquiring, holding, voting or disposing
of the Shares purchased hereunder for purposes of Section 13(d) under the Exchange Act, and each Purchaser is acting independently
with respect to its investment in the Shares.

(k) Trading Activities
and Confidentiality. Other than the transactions contemplated hereunder, such Purchaser has not directly or indirectly, nor
has any person acting on behalf of or pursuant to any understanding with such Purchaser, executed any acquisition or disposition,
including short sales or puts, in the securities of the Company during the period commencing from the time that such Purchaser
first received any material, whether in writing or otherwise, from the Company or any other person setting forth the material terms
of the transactions contemplated hereunder. Such Purchaser covenants that until such time as the transactions contemplated by this
Agreement are publicly disclosed by the Company, such Purchaser will maintain the confidentiality of all disclosures made to it
in connection with this transaction (including the existence and terms of this transaction). Each Purchaser agrees that it shall
not, directly or indirectly, engage in any short sales with respect to the Common Stock for a period of one (1) year following
the Closing.

(l) No Governmental
Review. Such Purchaser understands that no United States federal or state agency or any other governmental agency has passed
on or made recommendations or endorsement of the Shares or the suitability of the investment in the Shares nor have such authorities
passed upon or endorsed the merits of the offering of the Shares.

(m) Participation
by Affiliates. Such Purchaser acknowledges and agrees that the officers, directors, affiliates and other insiders of the Company
and of Grandparents are permitted to purchase Series B Shares in the Offering and that any such purchases shall be counted toward
the amount of the Offering.

(n) Brokers.
Other than to the Placement Agent, each Purchaser has no knowledge of any brokerage or finder’s fees or commissions that
are or will be payable by the Company or any Subsidiary to any broker, financial advisor or consultant, finder, placement agent,
investment banker, bank or other person or entity with respect to the transactions contemplated by this Agreement.

(o) Escrow Agent.
Each Purchaser agrees that all funds for subscriptions for Series B Shares will be held by the Escrow Agent pursuant to the Escrow
Agreement in a non-interest bearing account and that the Escrow Agent shall be authorized to release such funds to the Company
upon satisfaction of the conditions to Closing. Each Purchaser hereby authorizes and directs the Company and the Placement Agent
to direct the Escrow Agent to return any funds for unaccepted subscriptions to the same account from which the funds were drawn,
without interest. Each Purchaser agrees to be bound by the terms of the Escrow Agreement as if it is a signatory thereto.

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(p) Correctness
of Representation; Reliance. Such Purchaser understands that the Shares are being offered and sold in reliance on a transactional
exemption from the registration requirement of federal and state securities laws and the Company is relying upon the truth and
accuracy of the representations, warranties, agreements, acknowledgments and understandings of such Purchaser set forth herein
and the Investor Questionnaire accompanying this Agreement in the form attached hereto as Exhibit B (the “Investor
Questionnaire”) in order to determine the applicability of such exemptions and the suitability of such Purchaser to acquire
the Shares. Such Purchaser further represents and warrants that this Agreement and the Investor Questionnaire do not contain any
untrue statement or a material fact or omit any material fact concerning such Purchaser. Such Purchaser agrees, acknowledges and
understands that the Company and its counsel are entitled to rely on the representations, warranties and covenants made by such
Purchaser herein.

(q) Residency.
Such Purchaser represents and warrants that Purchaser is a bona fide resident
of, and is domiciled in, the state so designated on the signature page hereto.

ARTICLE
III

CONDITIONS

Section 3.1 Conditions
Precedent to the Obligation of the Company to Sell the Series B Shares. The obligation hereunder of the Company to issue and
sell the Series B Shares to the Purchasers is subject to the satisfaction or waiver, at or before the Closing, of each of the conditions
set forth below. These conditions are for the Company’s sole benefit and may be waived by the Company at any time in its
sole discretion.

(a) Accuracy of
Each Purchaser’s Representations and Warranties. The representations and warranties made by each Purchaser in this Agreement
and each of the other Transaction Documents to which such Purchaser is a party qualified as to materiality shall be true and correct
at all times prior to and on the Closing Date, except to the extent any such representation or warranty expressly speaks as of
an earlier date, in which case such representation or warranty shall be true and correct as of such earlier date, and, the representations
and warranties made by each Purchaser in this Agreement and each of the other Transaction Documents to which such Purchaser is
a party not qualified as to materiality shall be true and correct in all material respects at all times prior to and on the Closing
Date, except to the extent any such representation or warranty expressly speaks as of an earlier date, in which case such representation
or warranty shall be true and correct in all material respects as of such earlier date.

(b) Performance
by the Purchasers. Each Purchaser shall have performed, satisfied and complied in all respects with all covenants, agreements
and conditions required by this Agreement to be performed, satisfied or complied with by such Purchaser at or prior to the Closing.

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(c) No Injunction.
No statute, rule, regulation, executive order, decree, ruling or injunction shall have been enacted, entered, promulgated or endorsed
by any court or governmental authority of competent jurisdiction which prohibits the consummation of any of the transactions contemplated
by this Agreement.

(d) Delivery of
Purchase Price. The Purchase Price for all of the Series B Shares shall have been delivered to the Escrow Agent pursuant to
the Escrow Agreement and the aggregate amount of such Purchase Price shall be equal to or greater than the amount of the Offering.

(e) Delivery of
Transaction Documents. Each Purchaser shall have duly executed and delivered to the Company each of the Transaction Documents
to which it is a party.

(f) Certificate
of Designation. The Company shall have filed with the Secretary of State of the State of Delaware the Certificate of Designation.

(g) Contribution
Transaction. Prior to or contemporaneous with the Closing, the Contribution shall have been consummated.

Section 3.2 Conditions
Precedent to the Obligation of the Purchasers to Purchase the Series B Shares. The obligation hereunder of each Purchaser to
acquire and pay for the Series B Shares is subject to the satisfaction or waiver, at or before the Closing, of each of the conditions
set forth below. These conditions are for each Purchaser’s sole benefit and may be waived by such Purchaser at any time in
its sole discretion.

(a) Accuracy of
the Company’s Representations and Warranties. The representations and warranties made by the Company in this Agreement
and each of the other Transaction Documents to which the Company is a party qualified as to materiality shall be true and correct
at all times prior to and on the Closing Date, except to the extent any such representation or warranty expressly speaks as of
an earlier date, in which case such representation or warranty shall be true and correct as of such earlier date, and, the representations
and warranties made by the Company in this Agreement and each of the other Transaction Documents to which the Company is a party
not qualified as to materiality shall be true and correct in all material respects at all times prior to and on the Closing Date,
except to the extent any such representation or warranty expressly speaks as of an earlier date, in which case such representation
or warranty shall be true and correct in all material respects as of such earlier date.

(b) Performance
by the Company. The Company shall have performed, satisfied and complied in all respects with all covenants, agreements and
conditions required by this Agreement to be performed, satisfied or complied with by the Company at or prior to the Closing.

(c) No Injunction.
No statute, rule, regulation, executive order, decree, ruling or injunction shall have been enacted, entered, promulgated or endorsed
by any court or governmental authority of competent jurisdiction which prohibits the consummation of any of the transactions contemplated
by this Agreement.

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(d) No Proceedings
or Litigation. No action, suit or proceeding before any arbitrator or any governmental authority shall have been commenced,
and no investigation by any governmental authority shall have been threatened, against the Company or any subsidiary, or any of
the officers, directors or affiliates of the Company or any subsidiary seeking to restrain, prevent or change the transactions
contemplated by this Agreement, or seeking damages in connection with such transactions.

(e) Material Adverse
Effect. No Material Adverse Effect shall have occurred at or before the Closing Date.

(f) Delivery of
Transaction Documents. The Company shall have duly executed and delivered to each Purchaser each of the Transaction Documents
to which it is a party.

(g) Certificate
of Designation. The Company shall have filed with the Secretary of State of the State of Delaware the Certificate of Designation.

(h) Contribution
Transaction. Prior to or contemporaneous with the Closing, the Contribution shall have been consummated.

ARTICLE
IV

Stock Certificate Legend

Section 4.1 Each
certificate representing the Series B Shares, and, if appropriate, securities issued upon conversion thereof, shall be stamped
or otherwise imprinted with a legend substantially in the following form (in addition to any legend required by applicable state
securities or “blue sky” laws):

THESE SECURITIES REPRESENTED BY
THIS CERTIFICATE (THE “SECURITIES”) HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”) OR ANY STATE SECURITIES LAWS AND MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF UNLESS REGISTERED UNDER THE
SECURITIES ACT AND UNDER APPLICABLE STATE SECURITIES LAWS OR THE COMPANY SHALL HAVE RECEIVED AN OPINION OF COUNSEL THAT REGISTRATION
OF SUCH SECURITIES UNDER THE SECURITIES ACT AND UNDER THE PROVISIONS OF APPLICABLE STATE SECURITIES LAWS IS NOT REQUIRED.

 

ARTICLE
V

LOCK-UP RESTRICTIONS

Section 5.1 Each
Purchaser agrees that, for a period of one hundred twenty (120) days from the Closing Date, such Purchaser will not sell, offer
to sell, contract or agree to sell, hypothecate, pledge, grant any option to purchase, make any short sale or otherwise dispose
of or agree to dispose of, directly or indirectly, any of such Purchaser’s Shares.

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ARTICLE
VI

Miscellaneous

Section 6.1 Fees
and Expenses. Except as otherwise set forth in this Agreement and the other Transaction Documents, each party shall pay the
fees and expenses of its advisors, counsel, accountants and other experts, if any, and all other expenses, incurred by such party
incident to the negotiation, preparation, execution, delivery and performance of this Agreement.

Section 6.2 Entire
Agreement; Amendment. This Agreement and the other Transaction Documents contains the entire understanding and agreement of
the parties with respect to the matters covered hereby and, except as specifically set forth herein or in the Transaction Documents,
neither the Company nor any of the Purchasers makes any representations, warranty, covenant or undertaking with respect to such
matters and they supersede all prior understandings and agreements with respect to said subject matter, all of which are merged
herein. No provision of this Agreement nor any of the Transaction Documents may be waived or amended other than by a written instrument
signed by the Company and at a majority of the Series B Shares or, if such Series B Shares have been converted into Common Stock,
the Conversion Shares, and no provision hereof may be waived other than by an a written instrument signed by the party against
whom enforcement of any such amendment or waiver is sought. No such amendment shall be effective to the extent that it applies
to less than all of the holders of the Series B Shares or Conversion Shares, as the case may be, then outstanding. No consideration
shall be offered or paid to any person to amend or consent to a waiver or modification of any provision of any of the Transaction
Documents unless the same consideration is also offered to all of the parties to the Transaction Documents or holders of Series
B Shares or Conversion Shares, as the case may be.

Section 6.3 Notices.
Any notice, demand, request, waiver or other communication required or permitted to be given hereunder shall be in writing and
shall be effective (a) upon hand delivery by telex (with correct answer back received), telecopy or facsimile at the address or
number designated below (if delivered on a business day during normal business hours where such notice is to be received), or the
first business day following such delivery (if delivered other than on a business day during normal business hours where such notice
is to be received) or (b) on the second business day following the date of mailing by express courier service, fully prepaid, addressed
to such address, or upon actual receipt of such mailing, whichever shall first occur. The addresses for such communications shall
be:

If to the Company:

NorWesTech, Inc.

589 Eighth Avenue

New York, NY 10018

Attention: Joseph Bernstein, Co-Chief
Executive Officer

Facsimile No: 847-589-3877

 

With a required
copy to:

Sills Cummis & Gross P.C.

One Riverfront Plaza

Newark, NJ 07102

Attn: Jeffrey L. Wasserman, Esq.

Facsimile No.: 973-352-6605

 

If to any Purchaser:

At the address of such Purchaser
set forth on such Purchaser’s signature page to this Agreement, with copies to Purchaser’s counsel as set forth on
such Purchaser’s signature page to this Agreement or as specified in writing by such Purchaser.

    	11

    	 

    
 

 

Any party hereto
may from time to time change its address for notices by giving at least ten (10) days written notice of such changed address to
the other party hereto.

Section 6.4 Waivers.
No waiver by either party of any default with respect to any provision, condition or requirement of this Agreement shall be deemed
to be a continuing waiver in the future or a waiver of any other provisions, condition or requirement hereof, nor shall any delay
or omission of any party to exercise any right hereunder in any manner impair the exercise of any such right accruing to it thereafter.

Section 6.5 Headings.
The article, section and subsection headings in this Agreement are for convenience only and shall not constitute a part of this
Agreement for any other purpose and shall not be deemed to limit or affect any of the provisions hereof.

Section 6.6 Successors
and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties and their successors and assigns.
The Company may not assign this Agreement or any rights or obligations hereunder without the prior written consent of each Purchaser
(other than by merger). Following the Closing, any Purchaser may assign any or all of its rights under this Agreement to any person
to whom such Purchaser assigns or transfers any Shares, provided that such transferee agrees in writing to be bound, with respect
to the transferred Shares, by the provisions of the Transaction Documents that apply to the Purchasers.

Section 6.7 No
Third Party Beneficiaries. This Agreement is intended for the benefit of the parties hereto and their respective permitted
successors and assigns and is not for the benefit of, nor may any provision hereof be enforced by, any other person.

Section 6.8 Governing
Law. Each of the Company and the Purchasers (a) hereby irrevocably submits to the jurisdiction of the United States District
Court sitting in the Southern District of New York and the courts of the State of New York located in New York county for the purposes
of any suit, action or proceeding arising out of or relating to this Agreement or any of the other Transaction Documents or the
transactions contemplated hereby or thereby and (b) hereby waives, and agrees not to assert in any such suit, action or proceeding,
any claim that it is not personally subject to the jurisdiction of such court, that the suit, action or proceeding is brought in
an inconvenient forum or that the venue of the suit, action or proceeding is improper. Each of the Company and the Purchasers consents
to process being served in any such suit, action or proceeding by mailing a copy thereof to such party at the address in effect
for notices to it under this Agreement and agrees that such service shall constitute good and sufficient service of process and
notice thereof. Nothing in this Section 6.8 shall affect or limit any right to serve process in any other manner permitted
by law. Each party hereto agrees that a final judgment in any action or proceeding so brought shall be conclusive and may be enforced
by suit on the judgment or in any other manner provided by law or at equity.

    	12

    	 

    
 

Section 6.9 Survival.
The representations and warranties of the Company and the Purchasers shall survive the execution and delivery hereof and the Closings
hereunder for a period of two years following the Closing Date.

Section 6.10 Counterparts.
This Agreement may be executed in any number of counterparts, each of which when so executed shall be deemed to be an original
and, all of which taken together shall constitute one and the same Agreement and shall become effective when counterparts have
been signed by each party and delivered to the other parties hereto, it being understood that all parties need not sign the same
counterpart. In the event that any signature is delivered by facsimile transmission or by e-mail delivery of a “.pdf”
format data file, such signature shall create a valid and binding obligation of such party executing (or on whose behalf such signature
is executed) with the same force and effect as if such facsimile or “.pdf” signature page were an original thereof.

Section 6.11 Severability.
The provisions of this Agreement and the Transaction Documents are severable and, in the event that any court of competent jurisdiction
shall determine that any one or more of the provisions or part of the provisions contained in this Agreement or the Transaction
Documents shall, for any reason, be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or
unenforceability shall not affect any other provision or part of a provision of this Agreement or the Transaction Documents and
such provision shall be reformed and construed as if such invalid or illegal or unenforceable provision, or part of such provision,
had never been contained herein, so that such provisions would be valid, legal and enforceable to the maximum extent possible.

Section 6.12 Further
Assurances. From and after the date of this Agreement, upon the request of any Purchaser or the Company, each of the Company
and the Purchasers shall execute and deliver such instrument, documents and other writings as may be reasonably necessary or desirable
to confirm and carry out and to effectuate fully the intent and purposes of this Agreement and the other Transaction Documents.

Section 6.13 Independent
Nature of Purchasers’ Obligations and Rights. The obligations of each Purchaser under this Agreement and the other Transaction
Documents to which it is a party are several and not joint with the obligations of any other Purchaser, and no Purchaser shall
be responsible in any way for the performance of the obligations of any other Purchaser under this Agreement or any other Transaction
Document. Nothing contained herein, and no action taken by any Purchaser pursuant hereto, shall be deemed to constitute the Purchasers
as, and the Company acknowledges that the Purchasers do not so constitute, a partnership, an association, a joint venture or any
other kind of group or entity, or create a presumption that the Purchasers are in any way acting in concert or as a group or entity
with respect to such obligations or the transactions contemplated by this Agreement or any matters, and the Company acknowledges
that the Purchasers are not acting in concert or as a group, and the Company shall not assert any such claim, with respect to such
obligations or the transactions contemplated by this Agreement. The Company and each Purchaser confirms that each Purchaser has
independently participated with the Company in the negotiation of the transaction contemplated hereby with the advice of its own
counsel and advisors. Each Purchaser shall be entitled to independently protect and enforce its rights, including, without limitation,
the rights arising out of this Agreement, and it shall not be necessary for any other Purchaser to be joined as an additional party
in any proceeding for such purpose. It is expressly understood and agreed that each provision contained in this Agreement is between
the Company and a Purchaser, solely, and not between the Company and the Purchasers collectively and not between and among the
Purchasers.

    	13

    	 

    
 

Section 6.14 Construction.
The parties hereto have participated jointly in the negotiation and drafting of this Agreement. In the event an ambiguity or question
of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the parties hereto and no presumption
or burden of proof shall arise favoring or disfavoring any party hereto by virtue of the authorship of any of the provisions of
this Agreement. Any reference to any federal, state, local, or foreign statute or law shall be deemed also to refer to all rules
and regulations promulgated thereunder, unless the context requires otherwise. Unless otherwise expressly provided, the word “including”
shall mean including without limitation. The parties hereto intend that each representation, warranty, and covenant contained herein
shall 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 has not breached shall not detract from or mitigate the fact that such
party is in breach of such representation, warranty, or covenant. All words used in this Agreement will be construed to be of such
gender or number as the circumstances require.

 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

 

    	14

    	 

    

 

IN WITNESS WHEREOF, the
parties hereto have caused this Agreement to be duly executed by their respective authorized officer as of the date first above
written.

 

NORWESTECH, INC.

 

 

By:_________________________________

Name:

Title:

 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK

SIGNATURE PAGE FOR PURCHASER FOLLOWS]

 

 

    	 

    	 

    

 

[PURCHASER SIGNATURE PAGE TO SECURITIES PURCHASE
AGREEMENT]

 

IN WITNESS WHEREOF, the
undersigned have caused this Securities Purchase Agreement to be duly executed by their respective authorized signatories as of
the date first indicated above.

 

	Name of Purchaser: 	 	 
	 	 	 
	Signature of Authorized Signatory of Purchaser: 	 	 
	 	 	 
	Name of Authorized Signatory: 	 	 
	 	 	 
	Title of Authorized Signatory: 	 	 
	 	 	 
	Email Address of Authorized Signatory: 	 	 
	 	 	 
	Facsimile Number of Authorized Signatory: 	 	 
	 	 	 
	State of Residency / Domicile: 	 	 
	 	 	 
	Address for Notice of Purchaser:	 	 

 

	 	 
	 	 
	Attention: 	 	 
	Telephone No.: 	 	 
	Facsimile No.: 	 	 

 

Address for Delivery of Series B Shares for
Purchaser (if not same as address for notice):

 

	 	 
	 	 
	 	 
	 Attention:	 	 

 

 

Number of Series B Shares: ____________ x $1.00
= $____________ (the “Purchase Price”)

 

 

EIN Number or SSN: [PROVIDE THIS UNDER SEPARATE
COVER]REGISTRATION RIGHTS AGREEMENT

This REGISTRATION
RIGHTS AGREEMENT (this “Agreement”), dated as of February 23, 2012, is made by and among NorWesTech, Inc.,
a corporation organized under the laws of Delaware (the “Company”) and each of the undersigned (collectively,
the “Holders,” and individually an “Holder”). Each of the Company and Holders are referred
to herein individually as a “Party” and collectively as the “Parties.”

RECITALS

WHEREAS, in connection
with the Asset Contribution Agreement (as defined herein) the Company has agreed, upon the terms and subject to the conditions
of the Asset Contribution Agreement, to issue to GP (as defined herein) (i) the Series A Preferred Shares (as defined herein),
which will be convertible into shares of Common Stock (as defined herein) in accordance with the terms of the Series A Preferred
Shares and (ii) the GP Warrant (as defined herein); and

WHEREAS, in connection
with the Securities Purchase Agreement (as defined herein) the Company has agreed, upon the terms and subject to the conditions
of the Securities Purchase Agreement, to issue and sell to the Purchasers the Series B Preferred Shares (as defined herein), which
will be convertible into shares of Common Stock (as defined herein) in accordance with the terms of the Series B Preferred Shares;
and

WHEREAS, in connection
with the Banking Agreement (as defined herein), which shall be assumed and adopted by the Company upon closing of the transactions
contemplated by the Contribution Agreement, the Company shall, upon the terms and subject to the conditions of the Banking Agreement,
issue to JTF (as defined herein) the JTF Warrants (as defined herein); and

WHEREAS, to induce
(i) GP to consummate the transactions contemplated by the Asset Contribution Agreement, (ii) the Purchasers to consummate the transactions
contemplated by the Securities Purchase Agreement and (iii) JTF to consummate the transactions contemplated by the Banking Agreement,
the Company has agreed to provide certain registration rights under the Securities Act (as defined herein) and applicable state
securities laws to the Holders; and

WHEREAS, (i) the
Series A Conversion Shares (as defined herein) and the GP Warrant Shares (as defined herein) shall continue to be subject to that
certain Lock-Up Agreement, dated as of February 23, 2012 by and between the Company and GP, (ii) the JTF Warrants Shares (as
defined herein) shall continue to be subject to that certain Lock-Up Agreement, dated as of February 23, 2012 by and between
the Company and JTF and (iii) the Series B Conversion Shares shall continue to be subject to Article V of the Securities Purchase
Agreement, notwithstanding the registration, if any, of such securities under the Securities Act (as defined herein).

NOW, THEREFORE,
in consideration of the foregoing premises, and the covenants, representations and warranties set forth herein, and for other good
and valuable consideration, the receipt and sufficiency of which is hereby acknowledged and accepted, the Parties, intending to
be legally bound, hereby agree as follows:

    	1

    	 

    
 

1.
Definitions. As used in this Agreement, the following terms shall have the following meanings:

“Additional
Registration Statement” has the meaning set forth in Section 2(a).

“Advisory
Warrant” means that certain warrant to purchase shares of Common Stock issued to JTF pursuant to the Banking Agreement
as partial compensation for its services as investment banking advisor to GP in connection with the transactions contemplated by
the Asset Contribution Agreement.

“Agreement”
has the meaning set forth in the preamble.

“Asset
Contribution Agreement” means that certain Asset Contribution Agreement, dated as of February 23, 2012, by and between
GP and the Company.

“Banking
Agreement” means that certain Exclusive Investment Banking Agreement, dated as of December 30, 2012, by and between GP
and BMA Securities, Inc., which such agreement was assigned by BMA Securities, Inc. to JTF pursuant to that certain Assignment
of Agreement dated January 19, 2012 by and among BMA Securities, Inc., JTF and GP.

“Blue Sky
Filing” has the meaning set forth in Section 6(a).

“Claims”
has the meaning set forth in Section 6(a).

“Common
Stock” means the Company’s common stock, par value $0.01 per share.

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

“Conversion
Date” means the date on which the Series A Preferred Shares and Series B Preferred Shares are duly converted into shares
of Common Stock.

“Effective
Date” means the date that the applicable Registration Statement has been declared effective by the SEC.

“Filing
Deadline” means (i) with respect to the Initial Registration Statement or New Registration Statement, the 45th day after
the Conversion Date and (ii) with respect to any Additional Registration Statement, the date on which the Company was required
to file such Registration Statement pursuant to the terms of this Agreement, provided, however, that if the Filing Deadline falls
on a Saturday, Sunday or other day that the SEC is closed for business, the Filing Deadline shall be extended to the next business
day on which the SEC is open for business.

“FINRA”
has the meaning set forth in Section 3(h).

“GP”
means Grandparents.com, LLC, a Florida limited liability company.

“GP Warrant”
means that certain warrant to purchase shares of Common Stock issued to GP pursuant to the Asset Contribution Agreement.

    	2

    	 

    
 

“GP Warrant
Shares” means the shares of Common Stock issuable upon the due exercise of the GP Warrant.

“Holder”
and “Holders” have the respective meanings set forth in the preamble (for purposes of clarity, the Holders shall
include GP, the Purchasers and JTF).

“Indemnified
Damages” has the meaning set forth in Section 6(a).

“Indemnified
Party” has the meaning set forth in Section 6(b).

“Indemnified
Person” has the meaning set forth in Section 6(a).

“Initial
Registration Statement” has the meaning set forth in Section 2(a)

“JTF”
means John Thomas Financial.

“JTF Warrants”
means, collectively, the Advisory Warrant and the Placement Agent Warrant.

“JTF Warrants
Shares” means the shares of Common Stock issuable upon the due exercise of the JTF Warrants.

“New Registration
Statement” has the meaning set forth in Section 2(a)

“Party”
and “Parties” have the respective meanings set forth in the preamble.

“Placement
Agent Warrant” means that certain warrant to purchase shares of Common Stock issued to JTF pursuant to the Banking Agreement
as partial compensation for its services as the Company’s placement agent in the Offering (as defined in the Securities Purchase
Agreement).

“Purchaser”
and “Purchasers” shall have the respective meanings set forth in the Securities Purchase Agreement.

“Registrable
Securities” means all of (i) the Series A Conversion Shares, (ii) the Series B Conversion Shares, (iii) the GP Warrant
Shares, (iv) the JTF Warrants Shares, and (v) any securities issued or issuable upon any stock split, dividend or other distribution,
recapitalization or similar event with respect to the foregoing, provided, that the Holder has completed and delivered to the Company
a Notice of Registration Statement and Selling Securityholder Questionnaire attached hereto as Exhibit A and provided to
the Company any other information regarding the Holder and the distribution of the Registrable Securities as the Company may, from
time to time, reasonably require for inclusion in a Registration Statement pursuant to applicable law; and provided, further, that
with respect to a particular Holder, such Holder’s Registrable Securities shall cease to be Registrable Securities upon the
earliest to occur of the following: (A) a sale pursuant to a Registration Statement or Rule 144 under the Securities Act (in which
case, only such security sold by the Holder shall cease to be a Registrable Security); or (B) becoming eligible for resale by the
Holder under Rule 144 without the requirement for the Company to be in compliance with the current public information required
thereunder and without volume or manner-of-sale restrictions, pursuant to a written opinion letter to such effect, addressed, delivered
and acceptable to the transfer agent of the Company.

    	3

    	 

    
 

“Registration
Period” has the meaning set forth in Section 3(a).

“Registration
Statement” means a registration statement or registration statements of the Company filed under the Securities Act covering
Registrable Securities, amendments and supplements to such Registration Statements, including post-effective amendments, all exhibits
and all material incorporated by reference or deemed to be incorporated by reference in such Registration Statements.

“Required
Holders” means (a) the holders of a majority of the Series B Conversion Shares, (b) GP and (c) JTF.

“Rule 415”
means Rule 415 promulgated by the SEC under the Securities Act, as such rule may be amended from time to time, or any other similar
or successor rule or regulation of the SEC providing for offering securities on a continuous or delayed basis.

“SEC”
means the United States Securities and Exchange Commission.

“Securities
Act” means the Securities Act of 1933, as amended.

“Securities
Purchase Agreement” that certain Securities Purchase Agreement dated as of February 23, 2012 by and among the
Company and the Purchasers.

“Selling
Securityholder Questionnaire” has the meaning set forth in Section 4(a).

“Series
A Conversion Shares” means the Common Stock issuable upon the due conversion of the Series A Preferred Shares.

“Series
A Preferred Shares” means the shares of the Company’s Series A Preferred Stock, par value $0.01 per share, issued
to GP pursuant to the Asset Contribution Agreement.

“Series
B Conversion Shares” means the Common Stock issuable upon the due conversion of the Series B Preferred Shares

“Series
B Preferred Shares” means the shares of the Company’s Series B Preferred Stock, par value $0.01 per share, issued
to the Purchasers pursuant to the Securities Purchase Agreement.

“Staff”
has the meaning set forth in Section 2(a).

“Violations”
has the meaning set forth in Section 6(a).

    	4

    	 

    
 

2.
Registration.

(a)
Mandatory Registration. The Company shall prepare and, as soon as practicable, but in no event later than the Filing
Deadline, file with the SEC an initial Registration Statement on Form S-1 covering the resale of all of the Registrable Securities
(the “Initial Registration Statement”). Such Initial Registration Statement, and each other Registration Statement
required to be filed pursuant to the terms of this Agreement, shall contain (except if otherwise required pursuant to written comments
received from the SEC upon a review of such Registration Statement) the “Plan of Distribution” section in substantially
the form attached hereto as Exhibit B (which may be modified to respond to comments, if any, provided by the SEC or to reflect
any non-material changes). The Company shall use its reasonable best efforts to have such Initial Registration Statement, and each
other Registration Statement required to be filed pursuant to the terms of this Agreement, declared effective by the SEC as soon
as practicable. Notwithstanding the registration obligations set forth in this Section 2(a), if the staff of the SEC (the
“Staff”) or the SEC informs the Company that all of the unregistered Registrable Securities cannot, as a result
of the application of Rule 415, be registered for resale as a secondary offering on a single Registration Statement, the Company
agrees to promptly (i) inform each of the holders thereof and use its commercially reasonable efforts to file amendments to the
Initial Registration Statement as required by the SEC and/or (ii) withdraw the Initial Registration Statement and file a new registration
statement (the “New Registration Statement”), in either case covering the maximum number of Registrable Securities
permitted to be registered by the SEC, on Form S-1 or such other form available to register for resale the Registrable Securities
as a secondary offering. Notwithstanding any other provision of this Agreement if applicable, if the Staff or SEC sets forth a
limitation of the number of Registrable Securities permitted to be registered on a particular Registration Statement as a secondary
offering, unless otherwise directed in writing by a Holder as to its Registrable Securities, the number of Registrable Securities
to be registered on such Registration Statement will be reduced (x) first, by the unregistered Registrable Securities held by GP
(if such Registrable Securities to be included in the Registration Statement are to be so reduced, they shall first be reduced
by Registrable Securities represented by GP Warrant Shares and second by Registrable Securities represented by the Series A Conversion
Shares), and (z) second, on a pro rata basis based on the total number of unregistered Registrable Securities held by the Purchasers
and JTF. If the Company amends the Initial Registration Statement or files a New Registration Statement, as the case may be, under
clauses (i) or (ii) above, the Company will use its commercially reasonable efforts to file with the SEC, as promptly as allowed
by the Staff or SEC, one or more registration statements on Form S-1 or such other form available to register for resale those
Registrable Securities that were not registered for resale on the Initial Registration Statement, as amended, or the New Registration
Statement (each, an “Additional Registration Statement”).

(b)
Piggyback Registrations. Without limiting any obligation of the Company hereunder, if there is not an effective Registration
Statement covering all of the Registrable Securities or the prospectus contained therein is not available for use and the Company
shall determine to prepare and file with the SEC a registration statement relating to an offering for its own account or the account
of others under the Securities Act of any of its equity securities (other than on Form S-4 or Form S-8 (each as promulgated under
the Securities Act) or their then equivalents relating to equity securities to be issued solely in connection with any acquisition
of any entity or business or equity securities issuable in connection with the Company’s stock option or other employee benefit
plans), then the Company shall deliver to each Holder a written notice of such determination and, if within fifteen (15) days after
the date of the delivery of such notice, any such Holder shall so request in writing, the Company shall include in such registration
statement all or any part of such Registrable Securities such Holder requests to be registered; provided, however, the Company
shall not be required to register any Registrable Securities pursuant to this Section 2(b) that are eligible for resale
pursuant to Rule 144 without restriction (including, without limitation, volume restrictions) and without the need for current
public information required by Rule 144(c)(1) (or Rule 144(i)(2), if applicable) or that are the subject of a then-effective Registration
Statement.

    	5

    	 

    
 

3.
Related Obligations. The Company shall use its reasonable best efforts to effect the registration of the Registrable
Securities in accordance with the intended method of disposition hereof, and, pursuant thereto, the Company shall have the following
obligations:

(a)
The Company shall promptly prepare and file with the SEC a Registration Statement with respect to all the Registrable Securities
(but in no event later than the applicable Filing Deadline) and use its reasonable best efforts to cause such Registration Statement
to become effective as soon as practicable after such filing. The Company shall keep each Registration Statement effective (and
the prospectus contained therein available for use) pursuant to Rule 415 for resales by the Holders on a delayed or continuous
basis at then-prevailing market prices (and not fixed prices) at all times until the earlier of (i) the date as of which all of
the Holders may sell all of the Registrable Securities required to be covered by such Registration Statement without restriction
pursuant to Rule 144 (including, without limitation, volume restrictions) and without the need for current public information required
by Rule 144(c)(1) (or Rule 144(i)(2), if applicable) or (ii) the date on which the Holders shall have sold all of the Registrable
Securities covered by such Registration Statement or (iii) one year from the date such Registration Statement is declared effective
by the SEC (the “Registration Period”). Notwithstanding anything to the contrary contained in this Agreement,
the Company shall ensure that, when filed and at all times while effective, each Registration Statement (including, without limitation,
all amendments and supplements thereto) and the prospectus (including, without limitation, all amendments and supplements thereto)
used in connection with such Registration Statement (1) shall not contain any untrue statement of a material fact or omit to state
a material fact required to be stated therein, or necessary to make the statements therein (in the case of prospectuses, in the
light of the circumstances in which they were made) not misleading and (2) will disclose (whether directly or through incorporation
by reference to other SEC filings to the extent permitted) all material information regarding the Company and its securities.

(b)
The Company shall prepare and file with the SEC such amendments (including, without limitation, post-effective amendments)
and supplements to each Registration Statement and the prospectus used in connection with each such Registration Statement, which
prospectus is to be filed pursuant to Rule 424 promulgated under the Securities Act, as may be necessary to keep each such Registration
Statement effective at all times during the Registration Period for such Registration Statement, and, during such period, comply
with the provisions of the Securities Act with respect to the disposition of all Registrable Securities of the Company required
to be covered by such Registration Statement until such time as all of such Registrable Securities shall have been disposed of
in accordance with the intended methods of disposition by the seller or sellers thereof as set forth in such Registration Statement;
provided, however, by 8:30 a.m. (New York time) on the Business Day immediately following each Effective Date, the Company shall
file with the SEC in accordance with Rule 424(b) under the Securities Act the final prospectus to be used in connection with sales
pursuant to the applicable Registration Statement (whether or not such a prospectus is technically required by such rule). In the
case of amendments and supplements to any Registration Statement which are required to be filed pursuant to this Agreement (including,
without limitation, pursuant to this Section 3(b)) by reason of the Company filing a report on Form 10-Q or Form 10-K or
any analogous report under the Exchange Act, the Company shall have incorporated such report by reference into such Registration
Statement, if applicable, or shall file such amendments or supplements with the SEC on the same day on which the Exchange Act report
is filed which created the requirement for the Company to amend or supplement such Registration Statement.

    	6

    	 

    
 

(c)
The Company shall promptly furnish to each Holder whose Registrable Securities are included in any Registration Statement,
without charge, upon the effectiveness of each Registration Statement, copies of the prospectus included in such Registration Statement
and all amendments and supplements thereto (or such other number of copies as such Holder may reasonably request from time to time)
and such other documents, including, without limitation, copies of any preliminary or final prospectus, as such Holder may reasonably
request from time to time in order to facilitate the disposition of the Registrable Securities owned by such Holder; provided,
that any such item which is available on the EDGAR system need not be furnished in physical form.

(d)
The Company shall use its reasonable best efforts to (i) register and qualify, unless an exemption from registration and
qualification applies, the resale by Holders of the Registrable Securities covered by a Registration Statement under such other
securities or “blue sky” laws of the states in which such Holders reside, (ii) prepare and file in those jurisdictions,
such amendments (including, without limitation, post-effective amendments) and supplements to such registrations and qualifications
as may be necessary to maintain the effectiveness thereof during the Registration Period, (iii) take such other actions as may
be necessary to maintain such registrations and qualifications in effect at all times during the Registration Period, and (iv)
take all other actions reasonably necessary or advisable to qualify the Registrable Securities for sale in such jurisdictions;
provided, however, the Company shall not be required in connection therewith or as a condition thereto to (x) qualify to do business
in any jurisdiction where it would not otherwise be required to qualify but for this Section 3(d), (y) subject itself to
general taxation in any such jurisdiction, or (z) file a general consent to service of process in any such jurisdiction.

(e)
The Company shall notify each Holder in writing of the happening of (i) any event, as promptly as practicable after
becoming aware of such event, as a result of which the prospectus included in a Registration Statement, as then in effect, includes
an untrue statement of a material fact or omission to state a material fact required to be stated therein or necessary to make
the statements therein, in the light of the circumstances under which they were made, not misleading (provided that in no event
shall such notice contain any material, non-public information regarding the Company) or (ii) the occurrence of any event
or passage of time that makes the financial statements included in such Registration Statement ineligible for inclusion therein.
The Company shall promptly prepare a supplement or amendment to such Registration Statement and such prospectus contained therein
to correct such untrue statement or omission. The Company shall also promptly notify each Holder (i) when a prospectus or
any prospectus supplement or post-effective amendment has been filed, when a Registration Statement or any post-effective amendment
has become effective, and when the Company receives written notice from the SEC that a Registration Statement or any post-effective
amendment will be reviewed by the SEC, (ii) of any request by the SEC for amendments or supplements to a Registration Statement
or related prospectus or related information, (iii) of the Company’s reasonable determination that a post-effective amendment
to a Registration Statement would be appropriate; and (iv) of the receipt of any request by the SEC or any other federal or state
governmental authority for any additional information relating to the Registration Statement or any amendment or supplement thereto
or any related prospectus.

    	7

    	 

    
 

(f)
The Company shall (i) use its reasonable best efforts to prevent the issuance of any stop order or other suspension of effectiveness
of each Registration Statement or the use of any prospectus contained therein, or the suspension of the qualification, or the loss
of an exemption from qualification, of any of the Registrable Securities for sale in any jurisdiction and, if such an order or
suspension is issued, to obtain the withdrawal of such order or suspension at the earliest possible moment and (ii) notify each
Holder who holds Registrable Securities of the issuance of such order or its receipt of actual notice of the initiation or threat
of any proceeding for such purpose.

(g)
The Company shall hold in confidence and not make any disclosure of information concerning a Holder provided to the Company
unless (i) disclosure of such information is necessary to comply with federal or state securities laws or is otherwise authorized
by the Holder for disclosure in a Registration Statement., (ii) the disclosure of such information is necessary to avoid or correct
a misstatement or omission in any Registration Statement or is otherwise required to be disclosed in such Registration Statement
pursuant to the Securities Act, (iii) the release of such information is ordered pursuant to a subpoena or other final, non-appealable
order from a court or governmental body of competent jurisdiction, or (iv) such information has been made generally available to
the public other than by disclosure in violation of this Agreement or any other Transaction Document. The Company agrees that it
shall, upon learning that disclosure of such information concerning a Holder is sought in or by a court or governmental body of
competent jurisdiction or through other means, give prompt written notice to such Holder and allow such Holder, at such Holder’s
expense, to undertake appropriate action to prevent disclosure of, or to obtain a protective order for, such information.

(h)
The Company shall use its reasonable best efforts to cause all of the Registrable Securities covered by each Registration
Statement to be listed on each securities exchange on which securities of the same class or series issued by the Company are then
listed, if any, if the listing of such Registrable Securities is then permitted under the rules of such exchange, or if, despite
the Company’s reasonable best efforts to satisfy the preceding clause the Company is unsuccessful in satisfying the preceding
clause, without limiting the generality of the foregoing, to use its reasonable best efforts to arrange for at least two market
makers to register with the Financial Industry Regulatory Authority (“FINRA”) as such with respect to such Registrable
Securities. In addition, the Company shall cooperate with each Holder and any broker or dealer through which any such Holder proposes
to sell its Registrable Securities in effecting a filing with FINRA pursuant to FINRA Rule 5110 as requested by such Holder. The
Company shall pay all fees and expenses in connection with satisfying its obligations under this Section 3(h). Each Holder
hereby acknowledges that as of the date of this Agreement, the Common Stock is not listed for trading on any exchange and is quoted
on the OTC Bulletin Board.

    	8

    	 

    
 

(i)
The Company shall cooperate with the Holders who hold Registrable Securities being offered and, to the extent applicable,
facilitate the timely preparation and delivery of certificates (not bearing any restrictive legend) representing the Registrable
Securities to be offered pursuant to a Registration Statement and enable such certificates to be in such denominations or amounts
(as the case may be) as the Holders may reasonably request from time to time and registered in such names as the Holders may request.

(j)
If requested by a Holder, the Company shall as soon as practicable after receipt of notice from such Holder, (i) incorporate
in a prospectus supplement or post-effective amendment such information as a Holder reasonably requests to be included therein
relating to the sale and distribution of Registrable Securities, including, without limitation, information with respect to the
number of Registrable Securities being offered or sold, the purchase price being paid therefor and any other terms of the offering
of the Registrable Securities to be sold in such offering; (ii) make all required filings of such prospectus supplement or post-effective
amendment after being notified of the matters to be incorporated in such prospectus supplement or post-effective amendment; and
(iii) supplement or make amendments to any Registration Statement or prospectus contained therein if reasonably requested by a
Holder holding any Registrable Securities.

(k)
The Company shall use its reasonable best efforts to cause the Registrable Securities covered by a Registration Statement
to be registered with or approved by such other governmental agencies or authorities as may be necessary to consummate the disposition
of such Registrable Securities.

(l)
The Company shall otherwise use its reasonable best efforts to comply with all applicable rules and regulations of the SEC
in connection with any registration hereunder.

(m)
Within three (3) Business Days after a Registration Statement which covers Registrable Securities is declared effective
by the SEC, the Company shall deliver, and shall cause legal counsel for the Company to deliver, to the transfer agent for such
Registrable Securities (with copies to the Holders whose Registrable Securities are included in such Registration Statement) confirmation
that such Registration Statement has been declared effective by the SEC.

(n)
Within three (3) Business Days after a Registration Statement which covers Registrable Securities is declared effective
by the SEC, the Company shall deliver, and shall cause legal counsel for the Company to deliver, to the transfer agent for such
Registrable Securities (with copies to the Holders whose Registrable Securities are included in such Registration Statement) confirmation
that such Registration Statement has been declared effective by the SEC.

    	9

    	 

    
 

(o)
The Company shall take all other reasonable actions necessary to expedite and facilitate disposition by each Holders of
its Registrable Securities pursuant to each Registration Statement.

4.
Obligations of the Holders.

(a)
Each Holder agrees to furnish to the Company a completed Notice of Registration Statement and Selling Securityholder Questionnaire
in the form attached hereto as Exhibit A (“Selling Securityholder Questionnaire”) not more than three
(3) Trading Days following the date of this Agreement and shall provide any updates to the information contained in such Selling
Securityholder Questionnaire not later than three (3) Business Days following a request therefor from the Company. At least five
(5) Trading Days prior to the first anticipated filing date of a Registration Statement for any registration under this Agreement,
the Company will notify each Holder of the information the Company requires from that Holder other than the information contained
in the Selling Securityholder Questionnaire (or update thereto), if any, which shall be completed and delivered to the Company
promptly upon request and, in any event, within three (3) Trading Days prior to the applicable anticipated filing date. Each Holder
further agrees that it shall not be entitled to be named as a selling securityholder in the Registration Statement or use the prospectus
contained therein for offers and resales of Registrable Securities at any time, unless such Holder has returned to the Company
a completed and signed Selling Securityholder Questionnaire and responded to any request for an update thereto or for further information
as described in this Section 4(a). If a Holder returns a Selling Securityholder Questionnaire or responds to a request for
an update thereto or for further information, in any case, after its respective deadline, the Company shall use its commercially
reasonable efforts to take such actions as are required to name such Holder as a selling securityholder in the Registration Statement
or any pre-effective or post-effective amendment thereto and to include (to the extent not theretofore included) in the Registration
Statement the Registrable Securities identified in such late Selling Securityholder, response to a request for an update thereto
or for further information, provided, however, that the Company shall not be obligated to file more than one post-effective amendment
or supplement in any 60-day period following the date such Registration Statement is declared effective for the purpose of naming
Holders as selling securityholders who are not named in such Registration Statement at the time of effectiveness. Each Holder acknowledges
and agrees that the information in the Selling Securityholder Questionnaire and any response to a request for an update thereto
or for further information as described in this Section 4(a) will be used by the Company in the preparation of the Registration
Statement and hereby consents to the inclusion of such information in the Registration Statement.

(b)
Each Holder, by such Holder’s acceptance of the Registrable Securities, agrees to cooperate with the Company as reasonably
requested by the Company in connection with the preparation and filing of each Registration Statement hereunder, unless such Holder
has notified the Company in writing of such Holder’s election to exclude all of such Holder’s Registrable Securities
from such Registration Statement.

    	10

    	 

    
 

(c)
Each Holder agrees that, upon receipt of any notice from the Company of the happening of any event of the kind described
in Section 3(f) or the first sentence of Section 3(e), or otherwise that the Registration Statement is not available
or effective for the resale of any of the Registrable Securities, such Holder will immediately discontinue disposition of Registrable
Securities pursuant to any Registration Statement(s) covering such Registrable Securities until such Holder’s receipt of
the copies of the supplemented or amended prospectus contemplated by Section 3(f) or the first sentence of Section 3(e)
or receipt of notice that no supplement or amendment is required. The Company may provide appropriate stop orders to enforce the
provisions of this paragraph.

(d)
Each Holder covenants and agrees that it will comply with the prospectus delivery requirements of the Securities Act as
applicable to it in connection with sales of Registrable Securities pursuant to a Registration Statement.

5.
Expenses of Registration. All reasonable expenses, other than underwriting discounts and commissions, incurred in
connection with registrations, filings or qualifications pursuant to the Company’s obligations in Sections 2 and 3,
including, without limitation, all registration, listing and qualifications fees, printers and accounting fees, FINRA filing fees
(if any) and fees and disbursements of counsel for the Company shall be paid by the Company. The Company shall not be responsible
for any expenses of the Holders. Each Holder shall be responsible for its own fees and expenses in connection with any such registration,
including all selling commissions applicable to its sale of Registrable Securities and fees and disbursements of any legal counsel
or other advisor to such Holder.

6.
Indemnification.

(a)
To the fullest extent permitted by law, the Company will, and hereby does, indemnify, hold harmless and defend each Holder
and each of its directors, officers, shareholders, members, partners, employees, agents, advisors, representatives (and any other
Persons with a functionally equivalent role of a Person holding such titles notwithstanding the lack of such title or any other
title) and each Person, if any, who controls such Holder within the meaning of the Securities Act or the Exchange Act and each
of the directors, officers, shareholders, members, partners, employees, agents, advisors, representatives (and any other Persons
with a functionally equivalent role of a Person holding such titles notwithstanding the lack of such title or any other title)
of such controlling Persons (each, an “Indemnified Person”), against any losses, obligations, claims, damages,
liabilities, contingencies, judgments, fines, penalties, charges, costs (including, without limitation, court costs, reasonable
attorneys’ fees and costs of defense and investigation), amounts paid in settlement or expenses, joint or several, (collectively,
“Claims”) incurred in investigating, preparing or defending any action, claim, suit, inquiry, proceeding, investigation
or appeal taken from the foregoing by or before any court or governmental, administrative or other regulatory agency, body or the
SEC, whether pending or threatened, whether or not an indemnified party is or may be a party thereto (“Indemnified Damages”),
to which any of them may become subject insofar as such Claims (or actions or proceedings, whether commenced or threatened, in
respect thereof) arise out of or are based upon: (i) any untrue statement or alleged untrue statement of a material fact in a Registration
Statement or any post-effective amendment thereto or in any filing made in connection with the qualification of the offering under
the securities or other “blue sky” laws of any jurisdiction in which Registrable Securities are offered (“Blue
Sky Filing”), or the omission or alleged omission to state a material fact required to be stated therein or necessary
to make the statements therein not misleading, (ii) any untrue statement or alleged untrue statement of a material fact contained
in any preliminary prospectus if used prior to the Effective Date of such Registration Statement, or contained in the final prospectus
(as amended or supplemented, if the Company files any amendment thereof or supplement thereto with the SEC) or the omission or
alleged omission to state therein any material fact necessary to make the statements made therein, in light of the circumstances
under which the statements therein were made, not misleading or (iii) any violation or alleged violation by the Company of the
Securities Act, the Exchange Act, any other law, including, without limitation, any state securities law, or any rule or regulation
thereunder relating to the offer or sale of the Registrable Securities pursuant to a Registration Statement (the matters in the
foregoing clauses (i) through (iii) being, collectively, “Violations”). Subject to Section 6(c), the
Company shall reimburse the Indemnified Persons, promptly as such expenses are incurred and are due and payable, for any legal
fees or other reasonable expenses incurred by them in connection with investigating or defending any such Claim. Notwithstanding
anything to the contrary contained herein, the indemnification agreement contained in this Section 6(a) (i) shall not apply
to a Claim by an Indemnified Person arising out of or based upon a Violation which occurs in reliance upon and in conformity with
information furnished in writing to the Company by such Indemnified Person for such Indemnified Person expressly for use in connection
with the preparation of such Registration Statement or any such amendment thereof or supplement thereto and (ii) shall not be available
to a particular Holder to the extent such Claim is based on a failure of such Holder to deliver or to cause to be delivered the
prospectus made available by the Company (to the extent applicable), including, without limitation, a corrected prospectus, if
such prospectus or corrected prospectus was timely made available by the Company pursuant to Section 3(c) and then only
if, and to the extent that, following the receipt of the corrected prospectus no grounds for such Claim would have existed; and
(iii) shall not apply to amounts paid in settlement of any Claim if such settlement is effected without the prior written consent
of the Company, which consent shall not be unreasonably withheld or delayed. Such indemnity shall remain in full force and effect
regardless of any investigation made by or on behalf of the Indemnified Person and shall survive the transfer of any of the Registrable
Securities by any of the Holders pursuant to Section 9.

    	11

    	 

    
 

(b)
In connection with any Registration Statement in which a Holder is participating, such Holder agrees to severally and not
jointly indemnify, hold harmless and defend, to the same extent and in the same manner as is set forth in Section 6(a),
the Company, each of its directors, each of its officers who signs the Registration Statement and each Person, if any, who controls
the Company within the meaning of the Securities Act or the Exchange Act (each, an “Indemnified Party”), against
any Claim or Indemnified Damages to which any of them may become subject, under the Securities Act, the Exchange Act or otherwise,
insofar as such Claim or Indemnified Damages arise out of or are based upon any Violation, in each case, to the extent, and only
to the extent, that such Violation occurs in reliance upon and in conformity with written information furnished to the Company
by such Holder expressly for use in connection with such Registration Statement; and, subject to Section 6(c) and the below
provisos in this Section 6(b), such Holder will reimburse an Indemnified Party any legal or other expenses reasonably incurred
by such Indemnified Party in connection with investigating or defending any such Claim; provided, however, the indemnity agreement
contained in this Section 6(b) and the agreement with respect to contribution contained in Section 7 shall not apply
to amounts paid in settlement of any Claim if such settlement is effected without the prior written consent of such Holder, which
consent shall not be unreasonably withheld or delayed, provided further that such Holder shall be liable under this Section
6(b) for only that amount of a Claim or Indemnified Damages as does not exceed the net proceeds to such Holder as a result
of the applicable sale of Registrable Securities pursuant to such Registration Statement. Such indemnity shall remain in full force
and effect regardless of any investigation made by or on behalf of such Indemnified Party and shall survive the transfer of any
of the Registrable Securities by any of the Holders pursuant to Section 9.

    	12

    	 

    
 

(c)
Promptly after receipt by an Indemnified Person or Indemnified Party (as the case may be) under this Section 6 of
notice of the commencement of any action or proceeding (including, without limitation, any governmental action or proceeding) involving
a Claim, such Indemnified Person or Indemnified Party (as the case may be) shall, if a Claim in respect thereof is to be made against
any indemnifying party under this Section 6, deliver to the indemnifying party a written notice of the commencement thereof,
and the indemnifying party shall have the right to participate in, and, to the extent the indemnifying party so desires, jointly
with any other indemnifying party similarly noticed, to assume control of the defense thereof with counsel mutually satisfactory
to the indemnifying party and the Indemnified Person or the Indemnified Party (as the case may be); provided, however, an Indemnified
Person or Indemnified Party (as the case may be) shall have the right to retain its own counsel with the fees and expenses of such
counsel to be paid by the indemnifying party if: (i) the indemnifying party has agreed in writing to pay such fees and expenses;
(ii) the indemnifying party shall have failed promptly to assume the defense of such Claim and to employ counsel reasonably satisfactory
to such Indemnified Person or Indemnified Party (as the case may be) in any such Claim; or (iii) the named parties to any such
Claim (including, without limitation, any impleaded parties) include both such Indemnified Person or Indemnified Party (as the
case may be) and the indemnifying party, and such Indemnified Person or such Indemnified Party (as the case may be) shall have
been advised by counsel that a conflict of interest is likely to exist if the same counsel were to represent such Indemnified Person
or such Indemnified Party and the indemnifying party (in which case, if such Indemnified Person or such Indemnified Party (as the
case may be) notifies the indemnifying party in writing that it elects to employ separate counsel at the expense of the indemnifying
party, then the indemnifying party shall not have the right to assume the defense thereof and such counsel shall be at the expense
of the Indemnifying Party, provided further that in the case of clause (iii) above the indemnifying party shall not be responsible
for the reasonable fees and expenses of more than one (1) separate legal counsel for such Indemnified Person or Indemnified Party
(as the case may be). The Indemnified Party or Indemnified Person (as the case may be) shall reasonably cooperate with the indemnifying
party in connection with any negotiation or defense of any such action or Claim by the indemnifying party and shall furnish to
the indemnifying party all information reasonably available to the Indemnified Party or Indemnified Person (as the case may be)
which relates to such action or Claim. The indemnifying party shall keep the Indemnified Party or Indemnified Person (as the case
may be) reasonably apprised at all times as to the status of the defense or any settlement negotiations with respect thereto. No
indemnifying party shall be liable for any settlement of any action, claim or proceeding effected without its prior written consent;
provided, however, the indemnifying party shall not unreasonably withhold, delay or condition its consent. No indemnifying party
shall, without the prior written consent of the Indemnified Party or Indemnified Person (as the case may be), consent to entry
of any judgment or enter into any settlement or other compromise which does not include as an unconditional term thereof the giving
by the claimant or plaintiff to such Indemnified Party or Indemnified Person (as the case may be) of a release from all liability
in respect to such Claim or litigation, and such settlement shall not include any admission as to fault on the part of the Indemnified
Party. Following indemnification as provided for hereunder, the indemnifying party shall be subrogated to all rights of the Indemnified
Party or Indemnified Person (as the case may be) with respect to all third parties, firms or corporations relating to the matter
for which indemnification has been made. The failure to deliver written notice to the indemnifying party within a reasonable time
of the commencement of any such action shall not relieve such indemnifying party of any liability to the Indemnified Person or
Indemnified Party (as the case may be) under this Section 6, except to the extent that the indemnifying party is materially
and adversely prejudiced in its ability to defend such action.

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(d)
No Person involved in the sale of Registrable Securities who is guilty of fraudulent misrepresentation (within the meaning
of Section 11(f) of the Securities Act) in connection with such sale shall be entitled to indemnification from any Person involved
in such sale of Registrable Securities who is not guilty of fraudulent misrepresentation.

(e)
The indemnification required by this Section 6 shall be made by periodic payments of the amount thereof during the
course of the investigation or defense, as and when bills are received or Indemnified Damages are incurred.

(f)
The indemnity and contribution agreements contained herein shall be in addition to (i) any cause of action or similar right
of the Indemnified Party or Indemnified Person against the indemnifying party or others, and (ii) any liabilities the indemnifying
party may be subject to pursuant to the law.

7.
Contribution. To the extent any indemnification by an indemnifying party is prohibited or limited by law, the indemnifying
party agrees to make the maximum contribution with respect to any amounts for which it would otherwise be liable under Section
6 to the fullest extent permitted by law; provided, however: (i) no contribution shall be made under circumstances where the
maker would not have been liable for indemnification under the fault standards set forth in Section 6, (ii) no Person involved
in the sale of Registrable Securities which Person is guilty of fraudulent misrepresentation (within the meaning of Section 11(f)
of the Securities Act) in connection with such sale shall be entitled to contribution from any Person involved in such sale of
Registrable Securities who was not guilty of fraudulent misrepresentation; and (iii) contribution by any seller of Registrable
Securities shall be limited in amount to the amount of net proceeds received by such seller from the applicable sale of such Registrable
Securities pursuant to such Registration Statement. Notwithstanding the provisions of this Section 7, no Holder shall be
required to contribute, in the aggregate, any amount in excess of the amount by which the net proceeds actually received by such
Holder from the applicable sale of the Registrable Securities subject to the Claim exceeds the amount of any damages that such
Holder has otherwise been required to pay, or would otherwise be required to pay under Section 6(b), by reason of such untrue
or alleged untrue statement or omission or alleged omission.

    	14

    	 

    
 

8.
Reports Under the Exchange Act. With a view to making available to the Holders the benefits of Rule 144, the Company
agrees to:

(a)
make and keep public information available, as those terms are understood and defined in Rule 144;

(b)
file with the SEC in a timely manner all reports and other documents required of the Company under the Securities Act and
the Exchange Act so long as the Company remains subject to such requirements (it being understood and agreed that nothing herein
shall limit any obligations of the Company under the Securities Purchase Agreement) and the filing of such reports and other documents
is required for the applicable provisions of Rule 144; and

(c)
furnish to each Holder so long as such Holder owns Registrable Securities, promptly upon request, (i) a written statement
by the Company, if true, that it has complied with the reporting, submission and posting requirements of Rule 144 and the Exchange
Act, (ii) a copy of the most recent annual or quarterly report of the Company and such other reports and documents so filed by
the Company with the SEC if such reports are not publicly available via EDGAR, and (iii) such other information as may be reasonably
requested to permit the Holders to sell such securities pursuant to Rule 144 without registration.

9.
Assignment of Registration Rights. All or any portion of the rights under this Agreement shall be automatically assignable
by each Holder to any transferee or assignee (as the case may be) of all or any portion of such Holder’s Registrable Securities
or Warrants if: (i) such Holder agrees in writing with such transferee or assignee (as the case may be) to assign all or any portion
of such rights, and a copy of such agreement is furnished to the Company within a reasonable time after such transfer or assignment
(as the case may be); (ii) the Company is, within a reasonable time after such transfer or assignment (as the case may be), furnished
with written notice of (a) the name and address of such transferee or assignee (as the case may be), and (b) the securities with
respect to which such registration rights are being transferred or assigned (as the case may be); (iii) immediately following such
transfer or assignment (as the case may be) the further disposition of such securities by such transferee or assignee (as the case
may be) is restricted under the Securities Act or applicable state securities laws if so required; (iv) at or before the time the
Company receives the written notice contemplated by clause (ii) of this sentence such transferee or assignee (as the case may be)
agrees in writing with the Company to be bound by all of the provisions contained herein; and (v) such transfer or assignment (as
the case may be) shall have been conducted in accordance with all applicable federal and state securities laws and the Holder delivers
to the Company a written opinion letter from competent legal counsel to such effect, addressed, delivered and acceptable to the
Company.

10.
Amendment of Registration Rights. Provisions of this Agreement may be amended only with the written consent of the
Company and the Required Holders. Any amendment effected in accordance with this Section 10 shall be binding upon each Holder
and the Company, provided that no such amendment shall be effective to the extent that it (1) applies to less than all of the holders
of Registrable Securities or (2) imposes any obligation or liability on any Holder without such Holder’s prior written consent
(which may be granted or withheld in such Holder’s sole discretion). No waiver shall be effective unless it is in writing
and signed by an authorized representative of the waiving party. No consideration shall be offered or paid to any Person to amend
or consent to a waiver or modification of any provision of this Agreement unless the same consideration also is offered to all
of the parties to this Agreement.

    	15

    	 

    
 

11.
Miscellaneous.

(a)
Holders. Solely for purposes of this Agreement, a Person is deemed to be a holder of Registrable Securities whenever
such Person owns, or is deemed to own, of record such Registrable Securities. If the Company receives conflicting instructions,
notices or elections from two or more Persons with respect to the same Registrable Securities, the Company shall act upon the basis
of instructions, notice or election received from such record owner of such Registrable Securities.

(b)
Independent Nature of Holders’ Obligations and Rights. The obligations of each Holder under this Agreement
are several and not joint with the obligations of any other Holder, and no Holder shall be responsible in any way for the performance
of the obligations of any other Holder under this Agreement. Nothing contained herein, and no action taken by any Holder pursuant
hereto, shall be deemed to constitute the Holders as, and the Company acknowledges that the Holders do not so constitute, a partnership,
an association, a joint venture or any other kind of group or entity, or create a presumption that the Holders are in any way acting
in concert or as a group or entity with respect to such obligations or the transactions contemplated by this Agreement or any matters,
and the Company acknowledges that the Holders are not acting in concert or as a group, and the Company shall not assert any such
claim, with respect to such obligations or the transactions contemplated by this Agreement. The Company and each Holder confirms
that each Holder has independently participated with the Company in the negotiation of the transaction contemplated hereby with
the advice of its own counsel and advisors. Each Holder shall be entitled to independently protect and enforce its rights, including,
without limitation, the rights arising out of this Agreement, and it shall not be necessary for any other Holder to be joined as
an additional party in any proceeding for such purpose. It is expressly understood and agreed that each provision contained in
this Agreement is between the Company and a Holder, solely, and not between the Company and the Holders collectively and not between
and among the Holders.

(c)
Notices. All notices, demands, consents, requests, instructions and other communications to be given or delivered
or permitted under or by reason of the provisions of this Agreement or in connection with the transactions contemplated hereby
shall be in writing and shall be deemed to be delivered and received by the intended recipient as follows: (i) if personally delivered,
on the Business Day of such delivery (as evidenced by the receipt of the personal delivery service), (ii) if mailed certified or
registered mail return receipt requested, two (2) Business Days after being mailed, (iii) if delivered by overnight courier (with
all charges having been prepaid), on the Business Day of such delivery (as evidenced by the receipt of the overnight courier service
of recognized standing), or (iv) if delivered by facsimile transmission or other electronic means, including email, on the Business
Day of such delivery if sent by 6:00 p.m. in the time zone of the recipient, or if sent after that time, on the next succeeding
Business Day. If any notice, demand, consent, request, instruction or other communication cannot be delivered because of a changed
address of which no notice was given (in accordance with this Section 11(c)), or the refusal to accept same, the notice,
demand, consent, request, instruction or other communication shall be deemed received on the second business day the notice is
sent (as evidenced by a sworn affidavit of the sender). “Business Day” means a day other than a Saturday, Sunday
or other day on which banks located in New York City are authorized or required by law to close. All such notices, demands, consents,
requests, instructions and other communications will be sent to the following addresses or facsimile numbers as applicable:

    	16

    	 

    
 

If to the Company
or GP, to:

NorWesTech, Inc.

c/o Grandparents.com, LLC

589 Eighth Avenue

New York, NY 10018

Attention: Joseph Bernstein

Facsimile No:  

With a required
copy to:

Sills Cummis & Gross P.C.

One Riverfront Plaza

Newark, NJ 07102

Attn: Jeffrey L. Wasserman, Esq.

Facsimile No.: 973-352-6605

If to JTF, to:

John Thomas Financial, Inc.

14 Wall Street, 23rd Floor

New York, NY 10005

Attn: Avi Mirman

Facsimile: 800-598-9945

With a required copy to:

Cyruli Shanks Hart & Zizmor, LLP

420 Lexington Avenue, Suite 2320

New York, NY 10170

Attention: Paul Goodman, Esq.

Facsimile: 212-661-5350

If to the Purchasers,
to:

At the address of such Purchaser
set forth on such Purchaser’s signature page to the Securities Purchase Agreement, with copies to Purchaser’s counsel
as set forth on such Purchaser’s signature page to the Securities Purchase Agreement or as specified in writing by such Purchaser.

or to such other
address or to the attention of such person or persons as the recipient Party has specified by prior written notice to the sending
Party (or in the case of counsel, to such other readily ascertainable business address as such counsel may hereafter maintain).
If more than one method for sending notice as set forth above is used, the earliest notice date established as set forth above
shall control.

    	17

    	 

    
 

(d)
Further Assurances. The Parties agree (i) to furnish upon request to each other such further information, (ii) to
execute and deliver to each other such other documents, and (iii) to do such other acts and things, all as the other Parties may
reasonably request for the purpose of carrying out the intent of this Agreement and the documents referred to in this Agreement.

(e)
Waiver. The rights and remedies of the Parties are cumulative and not alternative. Neither the failure nor any delay
by any Party in exercising any right, power, or privilege under this Agreement or the documents referred to in this Agreement will
operate as a waiver of such right, power, or privilege, and no single or partial exercise of any such right, power, or privilege
will preclude any other or further exercise of such right, power, or privilege or the exercise of any other right, power, or privilege.
To the maximum extent permitted by applicable law, (i) no claim or right arising out of this Agreement or the documents referred
to in this Agreement can be discharged by one Party, in whole or in part, by a waiver or renunciation of the claim or right unless
in writing signed by the other Parties; (ii) no waiver that may be given by a Party will be applicable except in the specific instance
for which it is given; and (iii) no notice to or demand on one Party will be deemed to be a waiver of any obligation of such Party
or of the right of the Party giving such notice or demand to take further action without notice or demand as provided in this Agreement
or the documents referred to in this Agreement.

(f)
Entire Agreement. This Agreement, the schedules and exhibits attached hereto and the instruments referenced herein
constitute the entire agreement among the parties hereto and thereto solely with respect to the subject matter hereof and thereof.
There are no restrictions, promises, warranties or undertakings, other than those set forth or referred to herein. This Agreement,
the schedules and exhibits attached hereto and the instruments referenced herein supersede all prior agreements and understandings
among the parties hereto solely with respect to the subject matter hereof; provided, however, nothing contained in this Agreement
shall (or shall be deemed to) (i) have any effect on any agreements any Holder has entered into with the Company prior to the date
hereof with respect to any prior investment made by such Holder in the Company, or (ii) waive, alter, modify or amend in any respect
any obligations of the Company or any rights of or benefits to any Holder or any other Person in any agreement entered into prior
to the date hereof between or among the Company and any Holder and all such agreements shall continue in full force and effect.

    	18

    	 

    
 

(g)
Assignments, Successors, and No Third-Party Rights. Subject to compliance with Section 9 (if applicable),
this Agreement shall inure to the benefit of and be binding upon the permitted successors and assigns of each of the Parties. Except
as set forth in Sections 6 and 7 hereof, nothing expressed or referred to in this Agreement will be construed to
give any Person other than the Parties any legal or equitable right, remedy, or claim under or with respect to this Agreement or
any provision of this Agreement.

(h)
Severability. If any provision of this Agreement is held invalid or unenforceable by any court of competent jurisdiction,
the other provisions of this Agreement will remain in full force and effect. Any provision of this Agreement held invalid or unenforceable
only in part or degree will remain in full force and effect to the extent not held invalid or unenforceable.

(i)
Section Headings. The headings of Sections in this Agreement are provided for convenience only and will not affect
its construction or interpretation. All references to “Section” or “Sections” refer to the corresponding
Section or Sections of this Agreement, unless the context indicates otherwise.

(j)
Construction. The Parties have participated jointly in the negotiation and drafting of this Agreement. In the event
an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the Parties
and no presumption or burden of proof shall arise favoring or disfavoring any Party by virtue of the authorship of any of the provisions
of this Agreement. Any reference to any federal, state, local, or foreign statute or law shall be deemed also to refer to all rules
and regulations promulgated thereunder, unless the context requires otherwise. Unless otherwise expressly provided, the word “including”
shall mean including without limitation. The Parties intend that each representation, warranty, and covenant contained herein shall
have independent significance. If any Party 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 the Party has not breached shall not detract from or mitigate the fact that the Party is
in breach of such representation, warranty, or covenant. All words used in this Agreement will be construed to be of such gender
or number as the circumstances require.

(k)
Counterparts. This Agreement may be executed in one or more counterparts, each of which will be deemed to be an original
copy of this Agreement and all of which, when taken together, will be deemed to constitute one and the same agreement. In the event
that any signature is delivered by facsimile transmission or by e-mail delivery of a “.pdf” format data file, 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 facsimile or “.pdf” signature page were an original thereof.

(l)
Specific Performance. Each of the Parties acknowledges and agrees that the other Parties would be damaged irreparably
in the event any of the provisions of this Agreement are not performed in accordance with their specific terms or otherwise are
breached. Accordingly, each of the Parties agrees that the other Parties shall be entitled to an injunction or injunctions to prevent
breaches of the provisions of this Agreement and to enforce specifically this Agreement and the terms and provisions hereof in
any action instituted in any court of the U.S. or any state thereof having jurisdiction over the Parties and the matter (subject
to the provisions set forth in Section 11(m) below), in addition to any other remedy to which they may be entitled, at law
or in equity.

    	19

    	 

    
 

(m)
Governing Law; Submission to Jurisdiction. This Agreement shall be governed by and construed in accordance with the
laws of the State of New York, without regard to conflicts of laws principles. Each of the Parties submits to the jurisdiction
of any state or federal court sitting in the County of New York in the State of New York in any action or proceeding arising out
of or relating to this Agreement and agrees that all claims in respect of the action or proceeding may be heard and determined
in any such court. Each of the Parties waives any defense of inconvenient forum to the maintenance of any action or proceeding
so brought and waives any bond, surety, or other security that might be required of any other Party with respect thereto. Any Party
may make service on any other Party by sending or delivering a copy of the process to the Party to be served at the address and
in the manner provided for the giving of notices in Section 11(c) above. Nothing in this Section 11(m), however,
shall affect the right of any Party to serve legal process in any other manner permitted by law or at equity. Each Party agrees
that a final judgment in any action or proceeding so brought shall be conclusive and may be enforced by suit on the judgment or
in any other manner provided by law or at equity.

(n)
Waiver of Jury Trial. EACH OF THE PARTIES HEREBY IRREVOCABLY WANES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL
PROCEEDING ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

 

[Signature
Pages Follow]

    	20

    	 

    
 

IN WITNESS WHEREOF,
the Company and the Holders have caused their respective signature pages to this Registration Rights Agreement to be duly executed
as of the date first written above.

	COMPANY:
	 
	NORWESTECH, INC.
	
         

         

	By:	 
	 	Name:	 
	 	Title:	 

 

[Signatures Continue on Next Page]

    	21

    	 

    
 

IN WITNESS WHEREOF,
the Company and the Holders have caused their respective signature pages to this Registration Rights Agreement to be duly executed
as of the date first written above.

 

	Name of Purchaser: 	 	 
	 	 	 
	Signature of Authorized Signatory of Purchaser: 	 	 
	 	 	 
	Name of Authorized Signatory: 	 	 
	 	 	 
	Title of Authorized Signatory: 	 	 

 

    	[Holder Signature Page to Registration Rights Agreement]

    	 

    

EXHIBIT A

NOTICE OF REGISTRATION STATEMENT AND

SELLING SECURITY HOLDER QUESTIONNAIRE

Reference is hereby made to the Registration
Rights Agreement (the “Registration Rights Agreement”) among NorWesTech, Inc. (the “Company”)
and the Holders named therein. Pursuant to the Registration Rights Agreement, the Company proposes to file with the United States
Securities and Exchange Commission (the “SEC”) a registration statement (the “Registration Statement”)
for the registration and resale under Rule 415 under the Securities Act of 1933, as amended (the “Securities Act”),
of the Registrable Securities (as defined in the Registration Rights Agreement). All capitalized terms not otherwise defined herein
shall have the meanings ascribed thereto in the Registration Rights Agreement.

Pursuant to the Registration Rights
Agreement, each beneficial owner of Registrable Securities is entitled to have the Registrable Securities beneficially owned by
it included in the Registration Statement. In order to have Registrable Securities included in the Registration Statement, this
Notice of Registration Statement and Selling Securityholder Questionnaire (“Notice and Questionnaire”) must
be completed, executed and delivered to the Company’s counsel at the address set forth herein. Beneficial owners of Registrable
Securities who do not complete, execute and return this Notice and Questionnaire by such date (i) will not be named as selling
securityholders in the Registration Statement and (ii) may not use the prospectus forming a part thereof for resales of Registrable
Securities.

Certain legal consequences arise from
being named as a selling securityholder in the Registration Statement and related prospectus. Accordingly, holders and beneficial
owners of Registrable Securities are advised to consult their own securities law counsel regarding the consequences of being named
or not being named as a selling securityholder in the Registration Statement and related prospectus.

PLEASE FAX A COPY (OR EMAIL A .PDF
COPY) OF THE COMPLETED AND EXECUTED NOTICE AND QUESTIONNAIRE, AND RETURN THE ORIGINAL BY OVERNIGHT MAIL, TO:

Sills Cummis & Gross P.C.

One Riverfront Plaza

Newark, NJ 07102

Attn: Jeffrey L. Wasserman, Esq.

Facsimile No.: 973-352-6605

 

    	 

    	 

    
 

ELECTION

The undersigned holder (the “Selling
Securityholder”) of Registrable Securities hereby elects to include in the Registration Statement the Registrable Securities
beneficially owned by it and listed below in Item 3. The Selling Securityholder, by signing and returning this Notice and Questionnaire,
agrees to be bound with respect to such Registrable Securities by the terms and conditions of this Notice and Questionnaire and
the Registration Rights Agreement as if the undersigned Selling Securityholder were an original party thereto.

Upon any sale of Registrable Securities
pursuant to the Registration Statement, the Selling Securityholder will be required to deliver to the Company the Notice of Transfer
set forth in Exhibit C to the Registration Rights Agreement.

The Selling Securityholder hereby provides
the following information to the Company and represents and warrants that such information is accurate and complete:

1. Name.

(a) Full legal name
of Selling Securityholder:

	
         

         

 

(b) Full legal name
of registered holder (if not the same as (a) above) of the Registrable Securities:

	
         

         

 

(c) Full legal name
of DTC participant (if applicable and if not the same as (b) above) through which Registrable Securities are held:

	
         

         

 

    	2

    	 

    
 

2. Address for Notices to Selling
Securityholder:

	
         

         

	
         

         

	
         

         

	Telephone:	
         

         

	Fax:	
         

         

	Contact Person:	
         

         

 

3. Beneficial Ownership of the Registrable
Securities beneficially owned by the Selling Securityholder.

Except as set forth below
in this Item (3), the Selling Securityholder does not beneficially own any Securities.

(a) Number
or principal amount of Registrable Securities beneficially owned:

	Series A Conversion Shares	 	Series B Conversion Shares	 	
        JTF

        Warrant Shares
	 	
        GP

        Warrant Shares

	
         

         
	 	
         

         
	 	
         

         
	
         

         

 

(b) If different
than the number or principal amount of Registrable Securities set forth in Item 3(a), number or principal of amount of Registrable
Securities which the Selling Securityholder wishes to be included in the Registration Statement:

	Series A Conversion Shares	 	Series B Conversion Shares	 	
        JTF

        Warrant Shares
	 	
        GP

        Warrant Shares

	
         

         
	 	
         

         
	 	
         

         
	
         

         

 

 

    	3

    	 

    

4. Beneficial Ownership of other
Securities of the Company beneficially owned by the Selling Securityholder.

Except as set forth below
in this Item 4, the Selling Securityholder is not the beneficial or registered owner of any securities of the Company other than
the Registrable Securities.

(a) Type and Amount
of other securities beneficially owned by the Selling Securityholder (do not list the Registrable Securities you listed in Item
3:

	
         

         

	
         

         

 

5. Relationships with the Company:

Except as set forth below,
neither the undersigned nor any of its affiliates, officers, directors or principal equity holders (owners of 5% of more of the
equity securities of the undersigned) has held any position or office or has had any other material relationship with the Company
(or its predecessors or affiliates) during the past three years.

State any exceptions
here:

	
         

         

	
         

         

 

6. Broker-Dealer Status:

(a) Are you a broker-dealer?

Yes £
No £

(b) If “yes”
to Item 6(a), did you receive your Registrable Securities as compensation for investment banking services to the Company?

Yes £
No £

Note: If “no”
to Item 6(b), the SEC may require the Company to identify you as an underwriter in the Registration Statement.

    	4

    	 

    
 

(c) Are you an affiliate
of a broker-dealer?

Yes  £ No  £

(d) If “yes”
to Item (6)(c), identify the registered broker-dealer(s) and describe the nature of the affiliation(s):

	
         

         

	
         

         

 

(e) If you are an
affiliate of a broker-dealer, do you certify that you purchased the Registrable Securities in the ordinary course of business,
and at the time of the purchase of the Registrable Securities to be resold, you had no agreements or understandings, directly or
indirectly, with any person to distribute the Registrable Securities?

Yes  £ No  £

Note: If “no”
to Item 6(e), the SEC may require the Company to identify you as an underwriter in the Registration Statement.

7. Voting or Investment Control over
the Registrable Securities:

(a) If the Selling
Securityholder is not a natural person (e.g., if the holder is an entity such as a trust, corporation, partnership, limited liability
company, etc.), please identify the natural person or persons who have voting or investment control over the Registrable Securities
listed in Item 3 above and the relationship to the Selling Securityholder (use additional sheets if necessary):

	
         

         

	
         

         

 

    	5

    	 

    
 

(b) Please indicate
whether any of the Registrable Securities to be sold are subject to a voting trust, and if so, please provide a copy of the voting
trust agreement along with this Notice and Questionnaire:

	
         

         

	
         

         

 

The undersigned hereby further:

(i) confirms to
the Company the accuracy of the information concerning the undersigned contained in this Notice and Questionnaire furnished by
the Selling Securityholder to the Company for purposes of the Registration Statement and the prospectus (preliminary or final)
contained therein or in any amendment or supplement thereto or any documents incorporated by reference therein;

(ii) agrees with
the Company to immediately notify the Company and promptly (but in any event within two (2) Business Days thereafter) to confirm
the same in writing if there should be any change affecting the accuracy of the above-mentioned information, or if the information
regarding the Selling Securityholder’s holdings set forth in any version of the Registration Statement or any portion thereof
delivered to the undersigned (including by electronic mail) or reviewed by the undersigned, should be inaccurate; and

(iii) agrees with
the Company that for purposes of the Securities Purchase Agreement and Registration Statement, the statements contained herein
constitute written information furnished by the Selling Securityholder to the Company for use in the Registration Statement, or
any amendment or supplement thereto.

By signing below, the Selling Securityholder
acknowledges that it understands its obligation to comply, and agrees that it will comply, with the provisions of the Exchange
Act and the rules and regulations thereunder, particularly Regulation M. The Selling Securityholder hereby further acknowledges
its indemnification obligations pursuant to the Registration Rights Agreement.

By signing below, the Selling Securityholder
consents to the disclosure of the information contained herein in its answers to Items 1 through 7 and the inclusion of such information
in the Registration Statement and the related prospectus and any amendments or supplements thereto. The Selling Securityholder
understands that such information will be relied upon by the Company in connection with the preparation or amendment of the Registration
Statement and the related prospectus and any amendments or supplements thereto.

Once this Notice and Questionnaire is
executed by the Selling Securityholder and received by the Company’s counsel, the terms of this Notice and Questionnaire,
and the representations and warranties contained herein, shall be binding on, shall inure to the benefit of and shall be enforceable
by the respective successors, heirs, personal representatives, and assigns of the Company and the Selling Securityholder (with
respect to the Registrable Securities beneficially owned by such Selling Securityholder and listed in Item 3 above.

 

[Signatures Follow on Next Page]

    	6

    	 

    
 

IN WITNESS WHEREOF
the undersigned, by authority duly given, has caused this Notice and Questionnaire to be executed and delivered either in person
or by its duly authorized agent.

	Date:	 	 	 	 
	 	 	 	 	Selling Securityholder
	 	 	 	 	(Print/type full legal name of beneficial owner of Registrable Securities)
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	By:	 
	 	 	 	 	 	Name:	 
	 	 	 	 	 	Title:	 

 

    	7

    	 

    
 

EXHIBIT B

Selling Stockholders

We are registering the shares of common
stock in order to permit the selling stockholders to offer the shares for resale from time to time.

The table below lists the selling stockholders
and other information regarding the beneficial ownership (as determined under Section 13(d) of the Securities Exchange Act of 1934,
as amended, and the rules and regulations thereunder) of the shares of common stock held by each of the selling stockholders. The
second column lists the number of shares of common stock beneficially owned by the selling stockholders, based on their respective
ownership of shares of common stock and warrants, as of ________, 2012, assuming exercise of the warrants held by each such selling
stockholder on that date but taking account of any limitations on exercise set forth therein.

The third column lists the shares of
common stock being offered by this prospectus by the selling stockholders and does not take in account any limitations on exercise
of the warrants set forth therein.

In accordance with the terms of a registration
rights agreement with the holders of the common stock and the warrants, this prospectus generally covers the resale of the sum
of (i) the number of shares of common sock issued in connection with the Securities Purchase Agreement and (ii) 100% of the maximum
number of shares of common stock issuable upon exercise of the warrants, in each case, determined as if the outstanding warrants
were exercised in full (without regard to any limitations on exercise contained therein) as of the trading day immediately preceding
the date this registration statement was initially filed with the SEC. Because the exercise price of the warrants may be adjusted,
the number of shares that will actually be issued may be more or less than the number of shares being offered by this prospectus.
The fourth column assumes the sale of all of the shares offered by the selling stockholders pursuant to this prospectus.

Under the terms of the JTF warrants,
JTF may not exercise the warrants to the extent (but only to the extent) such JTF or any of its affiliates would beneficially own
a number of shares of our common stock which would exceed 4.99%. The number of shares in the second column reflects these limitations.
The selling stockholders may sell all, some or none of their shares in this offering. See “Plan of Distribution.”

	
Name of Selling Stockholder	Number of Shares of Common Stock Owned Prior to Offering	Maximum Number of  Shares of Common Stock to be Sold Pursuant to this Prospectus	Number of  Shares of Common Stock Owned After Offering
	 	 	 	 
	 	 	 	 
	 	 	 	 

[Footnotes to be added re: beneficial
ownership and controlling persons of selling stockholders]

    	 

    	 

    
 

Plan of Distribution

We are registering the shares of common
stock previously issued and the shares of common stock issuable upon exercise of the warrants to permit the resale of these shares
of common stock by the holders of the common stock and warrants from time to time after the date of this prospectus. We will not
receive any of the proceeds from the sale by the selling stockholders of the shares of common stock. We will bear all fees and
expenses incident to our obligation to register the shares of common stock.

The selling stockholders may sell all
or a portion of the shares of common stock held by them and offered hereby from time to time directly or through one or more underwriters,
broker-dealers or agents. If the shares of common stock are sold through underwriters or broker-dealers, the selling stockholders
will be responsible for underwriting discounts or commissions or agent’s commissions. The shares of common stock may be sold
in one or more transactions at fixed prices, at prevailing market prices at the time of the sale, at varying prices determined
at the time of sale or at negotiated prices. These sales may be effected in transactions, which may involve crosses or block transactions,
pursuant to one or more of the following methods:

		•	on any national securities exchange or quotation service
on which the securities may be listed or quoted at the time of sale;

		•	in the over-the-counter market;

		•	in transactions otherwise than on these exchanges or
systems or in the over-the-counter market;

		•	through the writing or settlement of options, whether
such options are listed on an options exchange or otherwise;

		•	ordinary brokerage transactions and transactions in
which the broker-dealer solicits purchasers;

		•	block trades in which the broker-dealer will attempt
to sell the shares as agent but may position and resell a portion of the block as principal to facilitate the transaction;

		•	purchases by a broker-dealer as principal and resale
by the broker-dealer for its account;

		•	an exchange distribution in accordance with the rules
of the applicable exchange;

		•	privately negotiated transactions;

		•	short sales made after the date the Registration Statement
is declared effective by the SEC;

		•	agreements between broker-dealers and the selling securityholders
to sell a specified number of such shares at a stipulated price per share;

		•	a combination of any such methods of sale; and

		•	any other method permitted pursuant to applicable law.

 

The selling stockholders may also sell
shares of common stock under Rule 144 promulgated under the Securities Act of 1933, as amended, if available, rather than under
this prospectus. In addition, the selling stockholders may transfer the shares of common stock by other means not described in
this prospectus. If the selling stockholders effect such transactions by selling shares of common stock to or through underwriters,
broker-dealers or agents, such underwriters, broker-dealers or agents may receive commissions in the form of discounts, concessions
or commissions from the selling stockholders or commissions from purchasers of the shares of common stock for whom they may act
as agent or to whom they may sell as principal (which discounts, concessions or commissions as to particular underwriters, broker-dealers
or agents may be in excess of those customary in the types of transactions involved). In connection with sales of the shares of
common stock or otherwise, the selling stockholders may enter into hedging transactions with broker-dealers, which may in turn
engage in short sales of the shares of common stock in the course of hedging in positions they assume. The selling stockholders
may also sell shares of common stock short and deliver shares of common stock covered by this prospectus to close out short positions
and to return borrowed shares in connection with such short sales. The selling stockholders may also loan or pledge shares of common
stock to broker-dealers that in turn may sell such shares.

    	2

    	 

    
 

The selling stockholders may pledge
or grant a security interest in some or all of the warrants or shares of common stock owned by them and, if they default in the
performance of their secured obligations, the pledgees or secured parties may offer and sell the shares of common stock from time
to time pursuant to this prospectus or any amendment to this prospectus under Rule 424(b)(3) or other applicable provision of the
Securities Act amending, if necessary, the list of selling stockholders to include the pledgee, transferee or other successors
in interest as selling stockholders under this prospectus. The selling stockholders also may transfer and donate the shares of
common stock in other circumstances in which case the transferees, donees, pledgees or other successors in interest will be the
selling beneficial owners for purposes of this prospectus.

To the extent required by the Securities
Act and the rules and regulations thereunder, the selling stockholders and any broker-dealer participating in the distribution
of the shares of common stock may be deemed to be “underwriters” within the meaning of the Securities Act, and any
commission paid, or any discounts or concessions allowed to, any such broker-dealer may be deemed to be underwriting commissions
or discounts under the Securities Act. At the time a particular offering of the shares of common stock is made, a prospectus supplement,
if required, will be distributed, which will set forth the aggregate amount of shares of common stock being offered and the terms
of the offering, including the name or names of any broker-dealers or agents, any discounts, commissions and other terms constituting
compensation from the selling stockholders and any discounts, commissions or concessions allowed or re-allowed or paid to broker-dealers.

Under the securities laws of some states,
the shares of common stock may be sold in such states only through registered or licensed brokers or dealers. In addition, in some
states the shares of common stock may not be sold unless such shares have been registered or qualified for sale in such state or
an exemption from registration or qualification is available and is complied with.

    	3

    	 

    
 

There can be no assurance that any selling
stockholder will sell any or all of the shares of common stock registered pursuant to the registration statement, of which this
prospectus forms a part.

The selling stockholders and any other
person participating in such distribution will be subject to applicable provisions of the Securities Exchange Act of 1934, as amended,
and the rules and regulations thereunder, including, without limitation, to the extent applicable, Regulation M of the Exchange
Act, which may limit the timing of purchases and sales of any of the shares of common stock by the selling stockholders and any
other participating person. To the extent applicable, Regulation M may also restrict the ability of any person engaged in the distribution
of the shares of common stock to engage in market-making activities with respect to the shares of common stock. All of the foregoing
may affect the marketability of the shares of common stock and the ability of any person or entity to engage in market-making activities
with respect to the shares of common stock.

We will pay all expenses of the registration
of the shares of common stock pursuant to the registration rights agreement, estimated to be $[ ] in total, including, without
limitation, Securities and Exchange Commission filing fees and expenses of compliance with state securities or “blue sky”
laws; provided, however, a selling stockholder will pay all underwriting discounts and selling commissions, if any. We will indemnify
the selling stockholders against liabilities, including some liabilities under the Securities Act in accordance with the registration
rights agreements or the selling stockholders will be entitled to contribution. We may be indemnified by the selling stockholders
against civil liabilities, including liabilities under the Securities Act that may arise from any written information furnished
to us by the selling stockholder specifically for use in this prospectus, in accordance with the related registration rights agreements
or we may be entitled to contribution.

Once sold under the registration statement,
of which this prospectus forms a part, the shares of common stock will be freely tradable in the hands of persons other than our
affiliates.

    	4

    	 

    
 

 

EXHIBIT C

Notice of Transfer Pursuant to
Registration Statement

NorWesTech, Inc.

______________________

______________________

______________________

Attention: President

 

Re: NORWESTECH, INC. (the “Company”)

Ladies and Gentlemen:

Please be advised that __________________________________
(the “Holder”) has transferred _________________________ shares (the “Shares”) of the Company’s
common stock pursuant to an effective Registration Statement on Form [ ] (File No. 333-[ ]) filed by the Company.

We hereby certify that the prospectus
delivery requirements, if any, of the Securities Act of 1933, as amended, have been satisfied and that the above-named beneficial
owner of the Shares is named as a “Selling Securityholder” in the prospectus dated [ ] or in supplements thereto,
and that the Shares transferred by the Holder are the Shares (or a portion thereof) listed in such prospectus opposite such Holder’s
name.

	Date:	 	 	 	 
	 	 	 	 	Holder
	 	 	 	 	(Print/type full legal name of beneficial owner of the Shares)
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	By:	 
	 	 	 	 	 	Name:	 
	 	 	 	 	 	Title:

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