Document:

Exhibit 10.2

 

[FORM OF] LOCK-UP LETTER AGREEMENT

 

Ironclad Performance Wear Corporation

2201 Park Place, Suite 101

El Segundo, CA 90245

 

Dear Sirs:

 

The undersigned has entered into that certain
Subscription Agreement with Ironclad Performance Wear Corporation (the “Company”), dated as of the date hereof (the
“Subscription Agreement”), pursuant to which it has agreed to purchase shares of common stock of the Company, par value
$0.001 per share (the “Lock-Up Shares”). Capitalized terms used and not otherwise defined herein shall have the meanings
given to such terms in the Subscription Agreement.

 

As required under the Subscription Agreement,
and for other good and valuable consideration, the undersigned hereby irrevocably agrees that, without the prior written consent
of the Company (which consent may be withheld in its sole discretion), the undersigned will not, directly or indirectly, (i) offer,
pledge, sell, lend, grant, transfer or otherwise dispose of, by contract, option, right or otherwise, any or all of the Lock-Up
Shares, or (ii) enter into any swap or other agreement that transfers, in whole or in part, any of the economic characteristics
of ownership of such Lock-Up Shares (whether any such transaction described in clause (i) or (ii) above is to be settled by delivery
of such Lock-Up Shares, in cash or otherwise), in each case for a period beginning on the date hereof and ending 365 days after
the date hereof.

 

In furtherance of the foregoing, the Company
and its transfer agent are hereby authorized to decline to make any transfer of securities if such transfer would constitute a
violation or breach of this Lock-Up Letter Agreement. The undersigned also agrees and consents to the entry of stop transfer instructions
with the Company’s transfer agent and registrar against the transfer of the Lock-Up Shares except in compliance with the
foregoing restrictions.

 

The undersigned hereby represents and warrants
that the undersigned has full power and authority to enter into this Lock-Up Letter Agreement and that, upon request, the undersigned
will execute any additional documents necessary in connection with the enforcement hereof. This agreement is irrevocable and any
obligations of the undersigned shall be binding upon the heirs, personal representatives, successors, affiliates (within the meaning
of the Securities Act of 1933, as amended), and assigns of the undersigned.

 

This Lock-Up Letter Agreement shall be governed
by and construed and enforced in accordance with the internal laws of the State of California, without regard to the principles
of conflicts of law thereof. The undersigned hereby irrevocably submits to the jurisdiction of the federal and state courts located
in Los Angeles County, California. The undersigned agrees that this Lock-Up Letter Agreement may be enforced by specific performance.
Delivery of a signed copy of this letter by facsimile or other electronic transmission shall be effective as delivery of the original
hereof.

 

 

Very truly yours,

 

 

By:_________________________________

Name:

Title:

 

 

Dated:__________________________LOCK-UP AGREEMENT

EXHIBIT 10.1

LOCK-UP AGREEMENT

This Lock-Up Agreement (the “Agreement”) is entered into this 8th day of August 2014 amongst Goldspan Resources Inc. (the “Company”), SJE Mining LLC (“SJE”), Eric Stevenson and Steven Jones, the equity owners of SJE (the “Members”).

WHEREAS, on July 31, 2014, the Company entered into an Asset Purchase Agreement (the “Purchase Agreement”) with SJE which provided in part for SJE to receive 200 million shares of the Company’s common stock (the “Shares”); and

WHEREAS, the parties have determined that it is in the best interests of the Company and the Company’s shareholders to Lock-Up the Shares for a period of two years from the closing date of the Purchase Agreement (the “Closing Date”).

NOW THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration it is agreed:

1.

SJE and the Members agree not to trade, transfer, sell, convey or in any way encumber the Shares for a period of two years commencing on the Closing Date.

2.

The Company is hereby authorized to instruct the Company’s Transfer Agent to note on the SJE share certificate that the Shares are subject to the terms and conditions of this Agreement.

3.

This agreement represents the entire agreement between the parties with respect to the Lock-Up and supersedes any other agreements whether oral or in writing entered into between the parties.

4.

This Agreement may not be amended with the written consent of all signatories hereto.

This Agreement is entered into the date set forth above.

				
	Goldspan Resources Inc.

	 
	SJE Mining LLC

	 
	 
	 
	 

	/s/ Phillip Allen

	 
	/s/ Eric Stevenson

	BY:

	Phillip Allen, president

	 
	Eric Stevenson, Managing Member

	 
	 
	 
	 

	 
	 
	 
	 

	/s/ Steven Jones

	 
	/s/ Eric Stevenson

	Steven Jones

	 
	Erick Stevenson

1EX-10.Z

 Exhibit 10(z) 
 SUMMARY OF ANNUAL COMPENSATION OF NON-EMPLOYEE DIRECTORS 
 The following table summarizes
the annual compensation of our non-employee directors effective as of April 25, 2014. Employee directors are not separately compensated for service as a director. 
 Retainer 
  

	 	Ÿ	 	 $55,000 in cash 

Non-Executive Chairman of the Board Retainer 
  

	 	Ÿ	 	 $150,000 in cash 

 Lead
Independent Director Retainer 
  

	 	Ÿ	 	 $25,000 in cash 

 Audit
Committee Chairperson Retainer 
  

	 	Ÿ	 	 $20,000 in cash 

Committee Chairperson Retainer (other than Audit Committee) 
  

	 	Ÿ	 	 $15,000 in cash 

 Board,
Committee or Other Meeting or Event Attendance Fee 
  

	 	Ÿ	 	 $2,000 in cash per Board or Committee meeting or for any other meeting or event for us or on our behalf 

Deferred Compensation Plan 
  

	 	Ÿ	 	 Under the terms of the Harris Corporation 2005 Directors’ Deferred Compensation Plan (As Amended and Restated Effective January 1, 2009), as
amended (the “2005 Directors’ Plan”), on January 1, April 1, July 1 and October 1 of each year, Harris credits each non-employee director’s account with a number of Harris stock equivalent units having an
aggregate fair market value equal to $31,250 (for an annual rate of $125,000), which amount may be changed from time to time by the Board. In addition, under the 2005 Directors’ Plan, prior to the commencement of a calendar year, each
non-employee director may make an irrevocable election to defer all or a portion of his or her director compensation for the subsequent year or years. Amounts deferred at the election of the non-employee director may be invested in investment
alternatives similar to those available under the Harris Corporation Retirement Plan or in Harris stock equivalent units, pursuant to which a non-employee director’s account is credited with a number of Harris stock equivalent units based on
the fair market value of Harris common stock on the date of deferral. Such Harris stock equivalent units are equivalent in value to our shares of common stock. A non-employee director may not transfer or reallocate amounts invested in other
investments into Harris stock equivalent units, but may reallocate (provided director minimum stock ownership guidelines are satisfied) amounts invested in Harris stock equivalent units into any other investment alternatives. Deferred amounts and
investment earnings on such amounts are payable in cash following the non-employee director’s resignation, retirement or death. Each Harris stock equivalent unit is credited with dividend equivalents, which are deemed reinvested in additional
Harris stock equivalent units on the dividend payment date. 

  

	 	Ÿ	 	 Amounts invested in Harris stock equivalent units shall be appropriately adjusted in the event of any stock dividend or split, recapitalization,
merger, spin-off, extraordinary dividends or other similar events. 

	 	Ÿ	 	 A non-employee director may elect to receive amounts deferred under the 2005 Directors’ Plan, including amounts deferred in the form of Harris
stock equivalent units, either in a cash lump sum on a date certain within five years of his or her resignation or retirement or in annual substantially equal cash installments over a designated number of years beginning on a date certain within
five years of a director’s resignation or retirement, provided that all amounts are fully paid within ten years of resignation or retirement. 

  

	 	Ÿ	 	 Within 90 days following a non-employee director’s death, a lump sum cash payment equal to the then-remaining balance in his or her account will
be made to his or her beneficiary. 

  

	 	Ÿ	 	 Within 90 days following a Change of Control (as defined in the 2005 Directors’ Plan), and to the extent permitted by Section 409A of the
Internal Revenue Code, each non-employee director (or former non-employee director) will receive a lump sum cash payment equal to the then-remaining balance in his or her account. If payment within 90 days following a Change of Control is not
permitted by Section 409A of the Internal Revenue Code, then payment will be made at the time and in the form that payment would have been made if a Change of Control had not occurred. 

 

	 	Ÿ	 	 The foregoing summary description of the 2005 Directors’ Plan is not complete and is qualified in its entirety by, and should be read in
conjunction with, the complete text of the 2005 Directors’ Plan. 

 Travel and Other Expenses 

 

	 	Ÿ	 	 Actual costs and expenses incurred in the performance of service as a director, including director education institutes and activities, are reimbursed.

 Insurance 
  

	 	Ÿ	 	 Liability insurance and up to $200,000 in accidental death and dismemberment insurance and an additional $200,000 in the event involved in an accident
while traveling on business relating to our affairs. 

 Charitable Gift Matching Program 

 

	 	Ÿ	 	 Annual maximum of $10,000 per non-employee director is matched to eligible educational institutions and charitable organizations.

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