Document:

Exhibit 10.10

 

PISHPOSH, INC. 2014 STOCK OPTION PLAN

 

1.            Purposes of the
Plan. The purposes of this 2014 Stock Option Plan is to attract and retain key employees and advisors of outstanding ability
and to align the interest of key employees and advisors with the interests of shareholders. Options granted under the Plan may
be incentive stock options (as defined under Section 422 of the Code) or nonstatutory stock options, as determined by the Administrator
at the time of grant of an option and subject to the applicable provisions of Section 422 of the Code, as amended, and the regulations
promulgated there under.

 

2.            Definitions.
As used herein, the following definitions shall apply:

 

(a) “Administrator”
means the Compensation Committee appointed pursuant to Section 4 of the Plan.

 

(b) “Affiliate”
of any Person shall be any other Person who controls, is controlled by, or is under common control with, such Person. As used herein,
“control” shall be the possession, directly or indirectly, of the power to direct or cause the direction of the management
and policies of a Person, whether through the ownership of voting securities, by contract, or otherwise.

 

(c) “Board”
means the Board of Directors of the Company.

 

(d) “Cause”,
in connection with the termination of an Optionee, shall mean (i) “cause,” as such term (or any similar term, such
as “with cause”) is defined in any employment, consulting or other applicable agreement for services between the Company
and such Optionee, or (ii) in the absence of such an agreement, (A) indictment of such Optionee for any felony, (B) the commission
of any act or failure to act by such Optionee that involves moral turpitude, dishonesty, theft, destruction of property, fraud,
embezzlement or unethical business conduct, (C) engaging in competition or solicitations in competition with the Company, or (D)
violation by such Optionee of the requirements of any other contract or agreement between the Company and such Optionee or this
Plan (as in effect from time to time); in each case, with respect to subsections (A) through (D), as determined by the Board of
Directors.

 

(e) “Code”
means the U.S. Internal Revenue Code of 1986, as amended, and applicable regulations of the U.S. Department of the Treasury promulgated
thereunder.

 

(f) “Change in Control”
means any of the following occurrences: (i)a merger of the Company if, immediately after the merger, the shareholders of the Company,
at the effective date of the Plan, own less than 50% of the then outstanding stock of the Company or its successor; (ii) the sale
of all or substantially all of the assets of the Company, if immediately after such sale the shareholders of the Company, at the
effective date of the Plan, own less than 50% of the buyer’s then outstanding shares of stock (iii) one or more sales by
shareholders of the Company at the effective date of the Plan if, immediately after such sales such shareholders own less than
50% of the Company’s then outstanding shares of stock; provided, however, sale of Shares to an Employee Stock Ownership Plan
shall not be counted in determining whether a Change in Control has occurred; or (iv) the shareholders of the Company approve a
plan of complete liquidation or dissolution of the Company.

 

(g) “Committee”
means the Compensation Committee appointed by the Board of Directors in accordance with paragraph (a) of Section 4 of the Plan.

 

(h) “Common Stock”
means the Common Stock, par value $0.0001, of the Company.

 

(i) “Company
means PishPosh, Inc., a corporation organized and existing under the laws of the State of Nevada.

 

(j) “Consultant”
and/or “Director” means any person, including an advisor, who is engaged by the Company to render services and is compensated
for such services, and any director of the Company whether compensated for such services or not.

 

    	1

    	 

    

 

(k) “Continuous
Status as an Employee” means the absence of any interruption or termination of the employment relationship by the Company
or any Subsidiary. Continuous Status as an Employee shall not be considered interrupted in the case of: (i) sick leave; (ii) military
leave; (iii) any other leave of absence approved by the Board, provided that such leave is for a period of not more than ninety
(90) days, unless re-employment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise
pursuant to Company policy adopted from time to time; or (iv) in the case of transfers between locations of the Company or between
the Company, its Subsidiaries or its successor. At the discretion of the Company, approved leaves of absence up to 18 months for
educational purposes shall not interrupt Continuous Status as an Employee; provided, however, the time during such leave of absence
shall not be included in determining an Employee’s length of service with the Company for any purpose under this Plan.

 

(l) “Employee”
means any person, including officers and directors, employed full time by the Company or any Parent or Subsidiary of the Company.
The payment of fees by the Company for a director’s services as director shall not be sufficient to constitute “employment”
by the Company.

 

(m) “Exchange Act”
means the Securities Exchange Act of 1934, as amended.

 

(n) “Fair Market
Value” means, as of any date, the value of Common Stock determined as follows.

 

(i) If
the Common Stock is listed on any established stock exchange or a national market system including without limitation the NASDAQ
Stock Market (“Nasdaq”) National Market, its Fair Market Value shall be the closing sales price for such stock (or
the closing bid, if no sales were reported, as quoted on such system or exchange, or the exchange with the greatest volume of trading
in Common Stock, for the last market trading day prior to the time of determination) as reported in The Wall Street Journal or
such other source as the Administrator deems reliable;

 

(ii) if
the Common Stock is quoted on the Nasdaq Stock Market or regularly quoted by a recognized securities dealer but selling prices
are not reported, its Fair Market Value shall be the mean between the high bid and low asked prices for the Common Stock or;

 

(iii) In
the absence of an established market for the Common Stock, the Fair Market Value thereof shall be determined in good faith by the
Administrator.

 

(o) “Incentive Stock
Option” means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code.

 

(p) “Legal Representative”
of an Optionee means the executor, administrator or other person who at the time is entitled by law to exercise the rights of a
deceased or incapacitated Optionee with respect to an Option granted under the Plan.

 

(q) “Nonstatutory
Stock Option” means an Option not intended to qualify as an Incentive Stock Option.

 

(r) “Option”
means a stock option granted pursuant to the Plan.

 

(s) “Option Agreement”
means a Stock Option Agreement, in the form of Exhibit A attached hereto, between the Company and an Optionee.

 

(t) “Optioned Stock”
means the Common Stock subject to an Option.

 

(u) “Optionee”
means an Employee or Consultant who receives an Option.

 

(v) “Parent”
means a “parent corporation”, whether now or hereafter existing, as defined in Section 424(e) of the Code.

 

    	2

    	 

    

 

(w) “Plan”
means this 2014 Stock Option Plan.

 

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

 

(y) “S Election”
means the Company’s election to be treated as an S corporation for federal income tax purposes under Section 1361(a) of the
Code.

 

(z) “Share”
means a share of the Common Stock, as adjusted in accordance with Section 13 of the Plan.

 

(aa) “Subsidiary”
means a “subsidiary corporation” whether now or hereafter existing, as defined in Section 424(f) of the Code.

 

3.            Stock
Subject to the Plan. Subject to the provisions of Section 13 of the Plan, the maximum aggregate number of shares that
may be optioned and sold under the Plan is 2,000,000 shares of Common Stock

 

If an Option should expire
or become unexercisable for any reason without having been exercised in full, the unpurchased Shares which were subject thereto
shall, unless the Plan shall have been terminated, become available for future grant under the Plan.

 

Each Option granted under
the Plan shall be evidenced by an executed Option Agreement and Notice of Grant substantially in the forms annexed as Exhibit A
to this Plan.

 

4.            Administration
of the Plan.

 

(a) The Plan shall be administered
by a Compensation Committee appointed by the Board of Directors and consisting of two or more members. In the event the Company
shall become subject to Section 162(m) of the Code, the Committee shall consist of the Board of Directors, each of whom shall serve
at the pleasure of the Board of Directors and shall be a “Non-Employee Director as defined under the Exchange Act (“Rule
16b-3”) and an “Outside Director” as defined in Treasury Regulation Sec. 1.162-27(e)(3) or any successor thereto.
The members of the Compensation Committee shall continue to serve in his or her designated capacity until otherwise directed by
the Board. From time to time the Board may increase the size of the Compensation Committee and appoint additional members thereof,
remove members (with or without cause) and appoint new members in substitution therefore, fill vacancies, however caused, and remove
all members of the Committee and thereafter directly administer the Plan, all to the extent permitted by paragraph (d) of Rule
16b-3, and to the extent necessary to preserve any deduction under the Code or to comply with Section 162(m) of the Code.

 

(b) Powers of the Compensation
Committee. Subject to the provisions of the Plan and in the case of a Committee, the specific duties delegated by the Board
to such Committee, the Compensation Committee shall have the authority, in its discretion:

 

(i) to
determine the Fair Market Value of the Common Stock, in accordance with Section 2(k) of the Plan;

 

(ii) to
select the Consultants, Directors and Employees to whom Options may from time to time be granted hereunder;

 

(iii) to
determine whether and to what extent Options are granted hereunder;

 

(iv) to
determine the number of shares of Common Stock to be covered by each such award granted hereunder;

 

(v) to
approve forms of agreement for use under the Plan (hereinafter “Option Agreement”);

 

    	3

    	 

    

 

(vi) to
determine the terms and conditions, not inconsistent with the terms of the Plan, of any award granted hereunder;

 

(vii) to
determine what circumstances an Option may be settled in cash under subsection 10(f) instead of Common Stock; and

 

(viii)
to reduce the exercise price of any Option to the then current Fair Market Value if the Fair Market Value of the Common Stock covered
by such Option shall have declined since the date the Option was granted.

 

(c) Effect of Compensation
Committee’s Decision. All decisions, determinations and interpretations of the Compensation Committee shall be final
and binding on all Optionees and any other holders of any Options.

 

5.            Eligibility.

 

(a) Nonstatutory Stock Options
may be granted to Employees, Directors and Consultants. Incentive Stock Options may be granted only to Employees. No options shall
be granted to any Employee, Director or Consultant until after the first year of employment or service as an Employee, Director
or Consultant. An Employee, Director or Consultant who has been granted an Option may, if he or she is otherwise eligible, be granted
an additional Option or Options.

 

(b) Each Option shall be
designated in the written Option Agreement as either an Incentive Stock Option or a Nonstatutory Stock Option. However, notwithstanding
such designations, to the extent that the aggregate Fair Market Value of the Shares with respect to which Options designated as
Incentive Stock Options are exercisable for the first time by any Optionee during any calendar year (under all plans of the Company
or any Parent or Subsidiary) exceeds $1.00, such excess Options shall be treated as Nonstatutory Stock Options.

 

(c) For purposes of Section
5(b), Incentive Stock Options shall be taken into account in the order in which they were granted, and the Fair Market Value of
the Shares shall be determined as of the time the Option with respect to such Shares is granted.

 

(d) The Plan shall not confer
upon any Optionee any right with respect to continuation of employment or consulting relationship with the Company, nor shall it
interfere in any way with his right or the Company’s right to terminate his employment or consulting relationship at any
time, with or without cause.

 

6.            Term
of Plan. The Plan shall become effective upon its adoption by the Board of Directors. It shall continue in effect for a term
of ten (10) years unless sooner terminated under Section 14 of the Plan.

 

7.            Term
of Option. The term of each Option shall be the term stated in the Option Agreement; provided, however, that the term shall
be no more than ten (10) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement.
However, in the case of an Incentive Stock Option granted to an Optionee who, at the time the Option is granted, owns stock representing
more than ten percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary, the term of
the Option shall be five (5) years from the date of grant thereof or such shorter term as may be provided in the Option Agreement.

 

    	4

    	 

    

 

8.            Option
Exercise Price and Consideration.

 

(a) The purchase price of
the Common Stock covered by each option granted in 2014 shall be as determined by the Compensation Committee from time to time.
Options may be granted twice per calendar year or as otherwise decided by the Compensation Committee. Subject to the provisions
of Section 13 hereunder, the purchase price of the Common Stock covered by each Option granted shall be determined by the Compensation
Committee, as the case may be and shall not be less than 100% of the Fair Market Value of a share of the Common Stock on the date
on which the Option is granted. Each issuance of Incentive Stock Options under the Plan is subject to the following conditions:

 

(i) if
the Incentive Stock Option is granted to an Employee who, at the time of the grant of such Incentive Stock Option, owns stock representing
more than ten percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary, the per Share
exercise price shall be no less than 110% of the Fair Market Value per Share on the date of grant; and

 

(ii) if
the Incentive Stock Option is granted to any other Employee, the per Share exercise price shall be no less than 100% of the Fair
Market Value per Share on the date of grant.

 

(b) The consideration to
be paid for the Shares to be issued upon exercise of an Option, including the method of payment, shall be determined by the Administrator
and may consist entirely of (1) cash, (2) check, or (3) delivery of a properly executed exercise notice together with such other
documentation as the Administrator and the broker, if applicable, shall require to effect an exercise of the Option and delivery
to the Company of the sale proceeds required to pay the exercise price; or (4) if permitted by the Compensation Committee, in its
sole discretion: (i) promissory note; (ii) by authorization to the Company to retain from the total number of Shares as to which
the Option is exercised that number of Shares having a Fair Market Value on the date of exercise equal to the exercise price for
the total number of Shares as to which the Option is exercised; (iv) any combination of the foregoing methods of payment; or (v)
such other consideration and method of payment for the issuance of Shares to the extent permitted under applicable laws, if provided
for in the instrument granting said Option. In making its determination as to the type of consideration to accept, the Compensation
Committee shall consider if acceptance of such consideration may be reasonably expected to benefit the Company, and if the acceptance
of a particular form of consideration would require the Company to record a charge against its earnings for financial accounting
purposes.

 

9.            Vesting
of Options. Subject to the provisions of the Plan, and unless otherwise provided in the Option Agreement, Options shall become
100% vested upon the consummation of a Change in Control as defined herein, assuming Continuous Status as an Employee or Director
and, with respect to Consultants, continuance of the consultant relationship. Options granted hereunder may be exercised in whole
for a period of ninety (90) days following the consummation of a Change in Control as defined herein, or such longer or shorter
period of time as may be determined by the Compensation Committee from time to time, provided that no Option may be exercised after
the term thereof has expired or been terminated in accordance with this Plan or an Option Agreement.

 

10.          Exercise
of Option.

 

(a) Procedure for Exercise;
Rights as a Shareholder. Any Option granted hereunder shall be exercisable at such times and under such conditions as determined
by the Compensation Committee, including performance criteria with respect to the Company and/or the Optionee, and as shall be
permissible under the terms of the Plan. Options may not be exercised more than twice per calendar year unless permitted by the
Administrator.

 

An Option may not be exercised
for a fraction of a Share.

 

An Option shall be deemed
to be exercised when written notice of such exercise has been given to the Company in accordance with the terms of the Option by
the person entitled to exercise the Option and full payment for the Shares with respect to which the Option is exercised has been
received by the Company. Full payment may, as authorized by the Compensation Committee, consist of any consideration and method
of payment allowable under Section 8(b) of the Plan.

 

    	5

    	 

    

 

Until the stock certificate
evidencing such Shares is issued and the Optionee executes and delivers any shareholders’ agreement, buy-sell agreement,
or similar agreement then in effect restricting the transfer of Shares (as evidenced by the appropriate entry on the books of the
Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a
shareholder shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. The Company shall issue
(or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend
or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 13
of the Plan.

 

Exercise of an Option in
any manner shall result in a decrease in the number of Shares that thereafter may be available, both for purposes of the Plan and
for sale under the Option, by the number of Shares as to which the Option is exercised.

 

(b) Termination of Employment.
In the event of termination of an Optionee’s consulting relationship or Continuous Status as an Employee with the Company
(as the case may be), (i) if such Optionee is an Employee, such Optionee may, but only within a period of not less than sixty (60)
days (or such longer period of time as is determined by the Compensation Committee, which, in the case of an Incentive Stock Option
shall not exceed three (3) months) after the date of such termination, or (ii) if such Optionee is a Consultant, such Optionee
may, at any time thereafter, unless a shorter period of time (no less than sixty (60) days) is determined by the Compensation Committee
(but in each case in no event later than the expiration date of the term of such Option as set forth in the Option Agreement),
exercise his Option to the extent that Optionee was entitled to exercise it at the date of such termination. To the extent that
Optionee was not entitled to exercise the Option at the date of such termination, or if Optionee does not exercise such Option
to the extent so entitled within the time specified herein, the Option shall terminate; provided, however, that if
such relationship is terminated for Cause (as defined in Section 2(d)), such Option shall terminate immediately upon such finding
by the Board of Directors that such termination is a termination for “Cause”. With respect to this paragraph, termination
of a Consultants relationship with the Company shall be deemed to occur upon written notice thereof to the Consultant by the Company.

 

(c) Disability of Optionee.
Notwithstanding the provisions of Section 9(b) above, in the event of termination of an Optionee’s consulting relationship
or Continuous Status as an Employee as a result of his or her disability (as defined in Section 22(e)(3) of the Code), (i) if such
Optionee is an Employee, Optionee or his Legal Representative may, but only within twelve (12) months from the date of such termination,
or (ii) if such Optionee is a Consultant, Optionee or his Legal Representative may, at any time thereafter, unless a shorter period
of time (no less than sixty (60) days) is determined by the Administrator (but in each case in no event later than the expiration
date of the term of such Option as set forth in the Option Agreement), exercise the Option to the extent otherwise entitled to
exercise it at the date of such termination. To the extent that Optionee was not entitled to exercise the Option at the date of
termination, or if Optionee does not exercise such Option to the extent so entitled within the time specified herein, the Option
shall terminate.

 

(d) Death of Optionee.
In the event of the death of an Optionee, the Option may be exercised, (i) if Optionee was an Employee, at any time within twelve
(12) months following the date of death, or (ii) if Optionee was a Consultant, at any time following the date of death, unless
a shorter period of time (no less than sixty (60) days) is determined by the Administrator (but in each case in no event later
than the expiration date of the term of such Option as set forth in the Option Agreement), by the Optionee’s Legal Representative,
but only to the extent the Optionee was entitled to exercise the Option at the date of death. To the extent that Optionee was not
entitled to exercise the Option at the date of death, or if Optionee does not exercise such Option to the extent so entitled within
the time specified herein, the Option shall terminate.

 

    	6

    	 

    

 

(e) Rule 16b-3 Options
granted to persons subject to Section 16(b) of the Exchange Act must comply with Rule 16b-3 and shall contain such additional conditions
or restrictions as may be required there under to qualify for the maximum exemption from Section 16 of the Exchange Act with respect
to Plan transactions.

 

(f) Buyout Provisions.
The Compensation Committee may at any time offer to buy out for a payment in cash or Shares, an Option previously granted, based
on such terms and conditions as the Compensation Committee shall establish and communicate to the Optionee at the time that such
offer is made. Any Options purchased by the Company pursuant hereto and surrendered to the Company shall not be available for the
granting of further Options under the Plan.

 

11.          Transferability
of Options. Incentive Stock Options may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner
other than by will or by the laws of descent or distribution, and may be exercised, during the lifetime of the Optionee, only by
the Optionee or his Legal Representative. In the case of a Nonstatutory Stock Option, sale, pledge, assignment, hypothecation,
transfer or disposition may be by will or by the laws of descent or distribution, and as otherwise permitted by the Compensation
Committee. No transfer of an Option by an Optionee by will or by the laws of descent and distribution, shall be effective to bind
the Company unless the Company shall have been furnished with written notice thereof and a copy of the will and such other evidence
as the Company may deem necessary to establish the validity of the transfer and the acceptance by the transferee or transferees
of the terms and conditions of such option.

 

12.          Stock
Withholding to Satisfy Withholding Tax Obligations. At the discretion of the Compensation Committee, Optionees may be required
to satisfy withholding obligations as provided in this paragraph. When an Optionee incurs tax liability in connection with an Option,
which tax liability is subject to tax withholding under applicable tax laws, and the Optionee is obligated to pay the Company an
amount required to be withheld under applicable tax laws, the Optionee may satisfy the withholding tax obligation by one or some
combination of the following methods: (i) by cash payment, or (ii) out of Optionee’s current compensation, or (iii) if permitted
by the Administrator, in its discretion, by surrendering to the Company Shares which (a) in the case of Shares previously acquired
from the Company, have been owned by the Optionee for more than six (6) months on the date of surrender, and (b) have a Fair Market
Value on the date of surrender equal to or less than Optionee’s marginal tax rate times the ordinary income recognized, or
(iv) by electing to have the Company withhold from the Shares to be issued upon exercise of the Option that number of Shares having
a Fair Market Value equal to the amount required to be withheld. For this purpose, the Fair Market Value of the Shares to be withheld
shall be determined on the date that the amount of tax to be withheld is to be determined (the “Tax Date”).

 

If the Optionee is subject
to Section 16 of the Exchange Act (an “Insider”), any surrender of previously owned Shares to satisfy tax withholding
obligations arising upon exercise of this Option must comply with the applicable provisions of Rule 16b-3 and shall be subject
to such additional conditions or restrictions as may be required there under to qualify for the maximum exemption from Section
16 of the Exchange Act with respect to Plan transactions.

 

All elections by an Optionee
to have Shares withheld to satisfy tax withholding obligations shall be made in writing in a form acceptable to the Compensation
Committee and shall be subject to the following restrictions:

 

(a) the election must be
made on or prior to the applicable Tax Date;

 

(b) once made, the election
shall be irrevocable as to the particular Shares of the Option as to which the election is made;

 

(c) all elections shall be
subject to the consent or disapproval of the Compensation Committee; and

 

    	7

    	 

    

 

(d) if the Optionee is an
Insider, the election must comply with the applicable provisions of Rule 16b-3 and shall be subject to such additional conditions
or restrictions as may be required there under to qualify for the maximum exemption from Section 16 of the Exchange Act with respect
to Plan transactions. In the event the election to have Shares withheld is made by an Optionee and the Tax Date is deferred under
Section 83 of the Code because no election is filed under Section 83(b) of the Code, the Optionee shall receive the full number
of Shares with respect to which the Option is exercised but such Optionee shall be unconditionally obligated to tender back to
the Company the proper number of Shares on the Tax Date.

 

13.          Adjustments
Upon Certain Changes.

 

(a) Changes in Capitalization.
Subject to any required action by the shareholders of the Company, the number of shares of Common Stock covered by each outstanding
Option, and the number of shares of Common Stock which have been authorized for issuance under the Plan but as to which no Options
have yet been granted or which have been returned to the Plan upon cancellation or expiration of an Option, as well as the price
per share of Common Stock covered by each such outstanding Option, shall be proportionately adjusted for any increase or decrease
in the number of issued shares of Common Stock resulting from a stock split, reverse stock split, stock dividend or reclassification
of the Common Stock, or any other increase or decrease in the number of issued shares of Common Stock effected without receipt
of consideration by the Company, the existence of such consideration to be as determined in the sole discretion of the Board of
Directors; provided, however, that conversion of any convertible securities of the Company shall not be deemed to
have been “effected without receipt of consideration.” Such adjustment shall be made by the Administrator whose determination
in that respect shall be final, binding and conclusive. Except as expressly provided herein, no issuance by the Company of shares
of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof
shall be made with respect to, the number or price of shares of Common Stock subject to an Option.

 

(b) Change in Control.
In the event of a Change in Control, notwithstanding any vesting schedule that may apply to the Optionee with respect to an Option,
the Administrator shall notify Optionee of such event at least twenty (20) days prior to such event, and each Option which has
been granted prior to the Change in Control shall become immediately exercisable upon such notice with respect to 100% of the Shares
subject to the Option, and such Option shall otherwise terminate to the extent unexercised upon such Change in Control. An Option
which terminates upon a Change in Control may be exercised not less than five days before such Change in Control
occurs; provided however that the exercise of the Option may be conditioned upon the consummation of the transaction which constitutes
such Change in Control.

 

(c) Dissolution or Liquidation.
In the event of the proposed dissolution or liquidation of the Company, including a sale of the Company’s assets followed
by a liquidation, which events do not also affect a Change of Control, the Administrator shall notify the Optionee at least fifteen
(15) days prior to such proposed action. To the extent it has not been previously exercised, the Option will terminate immediately
prior to the consummation of such proposed action; provided, however, that in the event of a sale of the Company’s assets
that involves the disposition to the Company’s shareholders of securities of the acquiring entity, the provisions of subparagraph
(d) of this Section 13 shall apply.

 

(d) Merger and other Combinations.
In the event of a merger, exchange of shares, consolidation or other combination (a “Combination”) of the Company with
or into another corporation, in which the Company is not the survivor and which effects a Change in Control, and if the Option
is not assumed or substituted by the successor corporation, the Administrator shall notify the Optionee at least twenty (20) days
prior to such Combination, and the Option, to the extent it has not been previously exercised, and subject to the accelerated vesting
provisions of subparagraph (b) above, shall terminate as of the date of the closing of the Combination, and the Optionee shall
have no claim against the Company, its officers or directors, the successor corporation or its officers or directors. For the purposes
of this paragraph, the Option shall be considered assumed if, following the Combination, pursuant to the agreement effecting the
Combination, the Option confers the right to purchase, for each Share of Optioned Stock subject to the Option immediately prior
to the Combination, the consideration (whether stock, cash, or other securities or property) received in the Combination by holders
of Common Stock for each Share held on the effective date of the transaction (and if holders were offered a choice of consideration,
the type of consideration chosen by the holders of a majority of the outstanding Shares); provided, however, that
if such consideration received in the Combination was not solely common stock of the successor corporation or its Parent, the Administrator
may, with the consent of the successor corporation and the participant in such Combination, provide for the consideration to be
received upon the exercise of the Option, for each Share of Optioned Stock subject to the Option, to be solely common stock of
the successor corporation or its Parent equal in fair market value to the per share consideration received by holders of Common
Stock in the Combination.

 

    	8

    	 

    

 

(e) Reorganization, Reclassification.
If the Common Stock issuable upon the exercise of the Option shall be changed into the same or a different number of shares of
any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a Combination as provided
for above), then, and in each such event, the holder of the Option shall have the right thereafter to convert each such share of
Common Stock issuable upon the exercise of the Option into the kind and amount of shares of stock and other securities receivable
upon such reorganization, reclassification or other change, by holders of the number of shares of Common Stock for which such Option
might have been exercised immediately prior to such reorganization, reclassification or change, all subject to adjustment as provided
herein.

 

14.          Time
of Granting Options. The date of grant of an Option shall, for all purposes, be the date on which the Compensation Committee
makes the determination granting such Option, or such other date as is determined by the Compensation Committee. Notice of the
determination shall be given to each Employee or Consultant to whom an Option is so granted within a reasonable time after the
date of such grant.

 

15.          Amendment
and Termination of the Plan.

 

(a) Amendment and Termination.
The Board may at any time amend, alter, suspend or discontinue the Plan, but no amendment, alteration, suspension or discontinuation
shall be made which would impair the rights of any Optionee under any grant theretofore made, without his or her consent.

 

(b) Effect of Amendment
or Termination. Any such amendment or termination of the Plan shall not affect Options already granted and such Options shall
remain in full force and effect as if this Plan had not been amended or terminated, unless mutually agreed otherwise between the
Optionee and the Administrator, which agreement must be in writing and signed by the Optionee and the Company.

 

16.          Conditions
upon Issuance of Shares. Shares shall not be issued pursuant to the exercise of an Option unless the exercise of such Option
and the issuance and delivery of such Shares pursuant thereto shall comply with all relevant provisions of law, including, without
limitation, the Securities Act, the Exchange Act, the rules and regulations promulgated there under, and the requirements of any
stock exchange upon which the Shares may then be listed and shall be further subject to the approval of counsel for the Company
with respect to such compliance.

 

As a condition to the exercise
of an Option, the Company may require the person exercising such Option to represent and warrant at the time of any such exercise
that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if,
in the opinion of counsel for the Company, such a representation is necessary or required by any of the aforementioned relevant
provisions of law.

 

    	9

    	 

    

 

No Shares shall be issued
upon exercise of an Option if the Compensation Committee, in its sole discretion, determines that such issuance would terminate
the Company’s S Election. As a condition to the exercise of an Option, the Company may require the person exercising such
Option to represent and warrant at the time of any such exercise that such Optionee is either (i) an individual who is not a nonresident
alien; (ii) an estate; (iii) a trust described in Section 1361(c)(2)(A)(i) of the Code, or (iv) an organization described in Section
1361 (c)(7) of the Code

 

The inability of the Company
to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company’s counsel to be
necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in respect of the
failure to issue or sell such Shares as to which such requisite authority shall not have been obtained.

 

If an Option is exercised
prior to the Company’s initial public offering pursuant to an effective registration statement under the Securities Act of
1933, as amended, the Company will require that the Optionee execute a counterpart copy of any shareholders’ agreement, buy-sell
agreement, confidentiality/noncompetition agreement and/or any other agreement among the shareholders of the Company then in effect.
Notwithstanding the above, shareholders of the Company as of the date of this Plan shall not be required to execute such agreements
but, instead, shall remain parties to the Company’s Shareholders’ Agreement in effect at such time and the shares issued
upon exercise of an Option shall be subject thereto.

 

17.          Reservation
of Shares. The Company, during the term of this Plan, will at all times reserve and keep available such number of Shares as
shall be sufficient to satisfy the requirements of the Plan.

 

*****

 

10Exhibit 10.11 

 

PURCHASE,
PUT AND ESCROW AGREEMENT

THIS
PURCHASE, PUT AND ESCROW AGREEMENT (the "Agreement") is dated as of July 2, 2014, among Bernard Warman, maintaining
an address at 172 Lakewood New Egypt Road, Lakewood, NJ 08701, Fax: (732) 7307550 (the "Seller"), the parties identified
on Schedule A (each a "Purchaser" collectively the "Purchasers") and Grushko & Mittman, P.C., maintaining
an address at 515 Rockaway Avenue, Valley Stream, NY 11581 Fax: (212) 697-3575 ("G&M" or the "Escrow Agent").

WHEREAS,
the Seller presently is the holder of 2,625 shares of Series A Preferred Stock, par value $0.0001 per share (the "Preferred
Stock") (the "Shares"), issued by PishPosh, Inc., a Nevada corporation (the "Company");

WHEREAS,
the Purchasers desire to purchase the Shares from the Seller and the Seller desires to sell the Shares to the Purchasers on the
terms set forth in this Agreement in the amounts set forth on Schedule A;

WHEREAS,
the Purchasers desire to grant to Seller a right and option to require the Purchasers to purchase certain securities from the
Seller as described herein in the amounts set forth on Schedule A; and

NOW,
THEREFORE, IN CONSIDERATION of the mutual covenants contained in this Agreement, and for other good and valuable consideration
the receipt and adequacy of which are hereby acknowledged, the Seller and the Purchasers agree as follows:

ARTICLE
I

PURCHASE
AND PUT

1.1          Purchase.
Subject to the terms and conditions set forth in this Agreement, the Seller shall sell to the Purchasers and the
Purchasers shall purchase from the Seller the Shares for an aggregate purchase price of $700,000 ("Purchase
Price"). The closing of the purchase and sale of the Shares shall take place at the offices of the Escrow Agent, within
two business days of the Escrow Agent's receipt of the entire Purchase Price and the Shares, at a time agreed to by the
Seller, the Purchasers and the Escrow Agent (the "Closing"). The date of the Closing is hereinafter referred to as
the "Closing Date."

(a)           Prior
to the Closing, the parties shall deliver or shall cause to be delivered the following:

(A)          the
Seller shall deliver the Shares to the Escrow Agent in the name of the Purchasers;

(B)          Each
Purchaser will deliver to the Escrow Agent its portion of the Purchase Price in United States dollars in immediately available
funds, to be held in escrow by the Escrow Agent, by wire transfer to the Escrow Agent pursuant to the following wire instructions:

Citibank,
N.A.

1166 6th Avenue

New York, NY 10036

ABA Number: 021000089

For Credit to: Grushko & Mittman, IOLA Trust Account

Account Number: 9997242837

 

    	

    	 

    

(b)          G&M
shall act as escrow agent in this transaction in addition to acting as legal counsel to Seller. Seller and Purchasers hereby acknowledge
that they have been advised of a potential conflict of interest and each acknowledges this conflict of interest and agrees that
G&M may act as escrow agent in this transaction.

1.2          Put.
Provided that the Company has completed a Going Public Event (as defined in the Securities Purchase Agreement between the Company
and certain investors named therein dated of even date herewith, the "SPA"), if at any time up to 15 months after the
date of this Agreement (the "Put Period") the Company records three consecutive months of (a) monthly revenue equal
to or greater than $1,250,000 and (b) net income (collectively the "Financial Targets"), as certified by an independent
auditor acceptable to the Purchasers, the Seller shall have the right require the Purchasers to purchase up to 1,500,000 (the
"Put Shares") shares of Common Stock or and equivalent amount of Preferred Stock (the "Put") in the amounts
set forth on Schedule A. The Put Shares shall be adjusted in the event of stock splits, reverse stock splits, stock dividends,
combinations or reclassifications of the Common Stock or Preferred Stock or similar changes or transactions (the "Adjustments").
The per share purchase price of the Put shall be 75% of the public offering price or the per share valuation of the Company in
connection with the Going Public Event, subject to any Adjustment.

1.3          Put
Exercise. At any time during the Put Period and once the Financial Targets have been met, the Seller may send a notice to
the Purchaser that it has elected to exercise the Put or a portion thereof ("Put Notice"). The Put Notice shall specify
the number of shares being exercised and the date for the closing of the Put (the "Put Closing Date"). The Put Closing
Date shall be not less than five business days after the date of delivery of the Put Notice. On the Put Closing Date the Seller
shall deliver to the Purchaser certificates representing the shares being sold in the name of the Purchaser and the Purchaser
shall deliver the Put Purchase Price in immediately available funds. The Seller may make multiple puts during the Put Period until
all the Put Shares have been sold.

1.4          Ratchet
Waiver. Purchaser hereby waive any rights pursuant to Section 7(e) of the Certificate of Designation for any issuance of Common
Stock or Common Stock Equivalents above $0.2666 per share of Common Stock, subject to adjustments for stock splits, distributions,
dividends, recapitalizations and similar transactions. For illustration purposes: If a Dilutive Issuance (as defined in the Certificate
of Designation) occurs at a Base Conversion Price (as defined in the Certificate of Designation) which is higher than $0.2666,
the Purchaser will not be entitled and will not receive a modification of Purchaser's Conversion Price even though other holders
of Series A Preferred Stock may receive a reduction of their Conversion Price. If a Dilutive Issuance occurs at a Base Conversion
Price equal or less than $0.2666, then Purchaser's Conversion Price will be reduced to $0.2666 or such other lower Base Conversion
Price. The Company shall be a third party beneficiary of this Section 1.4.

ARTICLE
II

REPRESENTATIONS
AND WARRANTIES

2.1          Representations
and Warranties of the Seller. Seller hereby makes the following representations and warranties to the Purchasers:

(a)         The
Seller has full power and authority to enter into this Agreement and to consummate the transactions contemplated hereby. This
Agreement has been duly and validly executed and delivered by the Seller and constitutes the legal, valid and binding obligation
of the Seller, enforceable in accordance with its teinis, except as such enforceability may be limited by applicable bankruptcy,
insolvency, moratorium, reorganization or similar laws from time to time in effect that affect creditors' rights generally, and
by legal and equitable limitations on the availability of specific remedies.

 

    	2

    	 

    

(b)         The
execution, delivery and performance by Seller of this Agreement and consummation by Seller of the transactions do not and will
not: (i) violate the organizational documents of the Company, (ii) violate any decree or judgment of any court or other governmental
authority applicable to or binding on the Seller, (iii) violate any provision of any federal or state statute, rule or regulation
which is, to the Seller's knowledge, applicable to the Seller, or (iv) violate any contract to which the Seller, the Company or
any of their assets or properties are bound, or 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 to which the Seller or the Company is a party. No consent or approval of, or filing
with, any governmental authority or other person not a party hereto is required for the execution, delivery and performance by
the Seller of this Agreement or the consummation of the transaction.

(c)         The
Seller is an "affiliate" of the Company as defined in Rule 405 under the Securities Act of 1933 (the "Securities
Act").

(d)         With
respect to the transactions, (i) Seller is the sole record and beneficial owner of the Shares, as well as the Put Shares, free
and clear of any taxes, liens and other encumbrances; (ii) the Shares and the Put Shares are validly issued, fully paid and non-assessable,
free from all taxes, liens and encumbrances; (iii) the Shares to be delivered are not, and will not be as of the Closing Date,
subject to any transfer restriction, other than the restriction that the Shares have not been registered under the Securities
Act and, therefore, cannot be resold unless they are registered under the Securities Act or in a transaction exempt from or not
subject to the registration requirements of the Securities Act ("Permitted Securities Law Restriction"); and (iv) upon
the transfer of its pro rata portion of the Shares to the Purchasers, Purchasers will acquire good and marketable title thereto
(assuming Purchasers are bona fide purchasers within the meaning of Section 8-302 of the New York Uniform Commercial Code, and
will be the legal and beneficial owner of the Shares, free and clear of any liens, other encumbrances or transfer restrictions,
other than the Permitted Securities Law Restriction.

(e)         Seller
(i) is a sophisticated person with respect to the sale of the Shares and the Put Shares; (ii) has adequate information concerning
the business and financial condition of the Company to make an informed decision regarding the sale of the Shares and the Put
Shares; and (c) has independently and without reliance upon the Purchaser, and based on such information as Seller has deemed
appropriate, made its own analysis and decision to enter into this Agreement. Seller acknowledges that the Purchasers have not
given Seller any investment advice, credit information or opinion on whether the sale of the Shares is prudent.

(f)         There
are no outstanding rights, options, subscriptions or other agreements or commitments obligating Seller with respect to the Shares
or the Put Shares.

(g)         Seller
has taken no action that would give rise to any claim by any person for brokerage commissions, finder's fees or similar payments
relating to this Agreement or the transactions contemplated hereby.

(h)         No
proceedings relating to the Shares are pending or, to the knowledge of Seller, threatened before any court, arbitrator or administrative
or governmental body that would adversely affect the Seller's right to transfer the Shares or the Put Shares to the Purchasers.

(i)         Assuming
the accuracy of each of the representations and warranties set forth in Section 2 of this Agreement, the offer, sale, and delivery
of the Shares under this Agreement are exempt from the registration requirements of the Securities Act.

 

    	3

    	 

    

2.2           Representations
and Warranties of the Purchaser. Each Purchaser for itself only hereby represents,
warrants and agrees as of the date hereof:

(a)         Purchaser
has full power and authority to enter into this Agreement and to consummate the transactions contemplated by this Agreement. This
Agreement has been duly and validly executed and delivered by Purchaser and constitutes the legal, valid and binding obligation
of Purchaser, enforceable in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy,
insolvency, moratorium, reorganization or similar laws from time to time in effect that affect creditors' rights generally, and
by legal and equitable limitations on the availability of specific remedies.

(b)         The
execution, delivery and performance by Purchaser of this Agreement and consummation by Purchaser of the transactions contemplated
hereby do not and will not: (i) violate any decree or judgment of any court or other governmental authority applicable to or binding
on Purchaser; (ii) violate any provision of any federal or state statute, rule or regulation which is, to Purchaser's knowledge,
applicable to the Purchaser; or (iii) violate any contract to which Purchaser is a party or by which Purchaser or any of its respective
assets or properties are bound. No consent or approval of, or filing with, any governmental authority or other person not a party
hereto is required for the execution, delivery and performance by Purchaser of this Agreement or the consummation of the transactions.

(c)         Purchaser
is an "accredited investor" and is aware that the Shares are, and the Put Shares may be, subject to restrictions on
transfer pursuant to the Securities Act.

(d)         Purchaser
is aware of the Company's business affairs and financial condition, and has acquired sufficient information about the Company
to reach an informed and knowledgeable decision to acquire the Shares and the Put Shares.

(e)         Purchaser
is acquiring the Shares and the Put Shares for its own account and not with a view towards, or for resale in connection with,
the public sale or distribution thereof, except pursuant to sales registered or exempted under the Securities Act; provided, however,
that by making the representations herein, Purchaser does not agree to hold the Shares or the Put Shares for any minimum or other
specific term and reserves the right to dispose of the Securities at any time in accordance with or pursuant to a registration
statement or an exemption under the Securities Act.

(f)         Purchaser
has taken no action that would give rise to any claim by any person for brokerage commissions, finder's fees or similar payments
relating to this Agreement or the transactions contemplated hereby.

(g)         Purchaser
is aware that the Company intends to sell certain securities pursuant to a Securities Purchase Agreement (the "SPA")
dated as of the date hereof. Purchaser has reviewed the SPA, the Schedules to the SPA and the other Transaction Documents (as
defined in the SPA) and is aware of the contents thereof.

ARTICLE
III

RELEASE
OF ESCROW

 

3.1.         Release
of Escrow. Subject to the provisions of Section 4.2, the Escrow Agent shall release the Shares and Purchase Price as follows:

 

(a)         On
the Closing Date, upon receipt by the Escrow Agent of joint written instructions ("Joint Instructions") signed by the
Seller, it shall simultaneously release and deliver the Purchase Price to the Seller pursuant to the wire instructions set forth
on Schedule B and the Shares to the respective Purchasers.

    	4

    	 

    

 

(b)         Notwithstanding
the above, upon receipt by the Escrow Agent of a final and non- appealable judgment, order, decree or award of a court of competent
jurisdiction (a "Court Order"), the Escrow Agent shall deliver the Shares and the Purchase Price in accordance with
the Court Order. Any Court Order shall be accompanied by an opinion of counsel for the party presenting the Court Order to the
Escrow Agent (which opinion shall be satisfactory to the Escrow Agent) to the effect that the court issuing the Court Order has
competent jurisdiction and that the Court Order is final and non-appealable.

3.2.         Acknowledgement
of Parties; Disputes. The Purchaser and Seller acknowledge that the only teens and conditions upon which the Shares and the
Purchase Price are to be released are set forth in Articles 3 and 4 of this Agreement. The Purchaser and Seller reaffirm their
agreement to abide by the terms and conditions of this Agreement with respect to the release of the Shares and the Purchase Price.
Any dispute with respect to the release of the Shares and the Purchase Price shall be resolved pursuant to Section 4.2 or by agreement
between the Purchaser and Seller.

ARTICLE
IV

CONCERNING
THE ESCROW AGENT

4.1.         Duties
and Responsibilities of the Escrow Agent. The Escrow Agent's duties and responsibilities shall be subject to the following
terms and conditions:

(a)         Purchasers
and Seller acknowledge and agree that the Escrow Agent (i) shall not be responsible for or bound by, and shall not be required
to inquire into, whether any of the Purchasers and Seller are entitled to receipt of the Shares and the Purchase Price pursuant
to, any other agreement or otherwise; (ii) shall be obligated only for the performance of such duties as are specifically assumed
by the Escrow Agent pursuant to this Agreement; (iii) may rely on and shall be protected in acting or refraining from acting upon
any written notice, instruction, instrument, statement, request or document furnished to it hereunder and believed by the Escrow
Agent in good faith to be genuine and to have been signed or presented by the proper person or party, without being required to
determine the authenticity or correctness of any fact stated therein or the propriety or validity or the service thereof; (iv)
may assume that any person believed by the Escrow Agent in good faith to be authorized to give notice or make any statement or
execute any document in connection with the provisions hereof is so authorized; (v) shall not be under any duty to give the property
held by Escrow Agent hereunder any greater degree of care than Escrow Agent gives its own similar property; and (vi) may consult
counsel satisfactory to Escrow Agent, the opinion of such counsel to be full and complete authorization and protection in respect
of any action taken, suffered or omitted by Escrow Agent hereunder in good faith and in accordance with the opinion of such counsel.

(b)         The
Seller and Purchasers acknowledge that the Escrow Agent is acting solely as a stakeholder at their request and that the Escrow
Agent shall not be liable for any action taken by Escrow Agent in good faith and believed by Escrow Agent to be authorized or
within the rights or powers conferred upon Escrow Agent by this Agreement. The Seller and Purchasers, jointly and severally, agree
to indemnify and hold harmless the Escrow Agent and any of Escrow Agent's partners, employees, agents and representatives for
any action taken or omitted to be taken by Escrow Agent or any of them hereunder, including the fees of outside counsel and other
costs and expenses of defending itself against any claim or liability under this Agreement, except in the case of gross negligence
or willful misconduct on Escrow Agent's part committed in its capacity as Escrow Agent under this Agreement. The Escrow Agent
shall owe a duty only to the Seller and Purchasers under this Agreement and to no other person.

(c)         The
Seller and Purchasers jointly and severally agree to reimburse the Escrow Agent for outside counsel fees, to the extent authorized
hereunder and incurred in connection with the performance of its duties and responsibilities hereunder.

 

    	5

    	 

    

(d)         The
Escrow Agent may at any time resign as Escrow Agent hereunder by giving five (5) business days prior written notice of resignation
to the Seller and Purchasers. Prior to the effective date of the resignation or teimination as specified in such notice, the Seller
and Purchasers will issue to the Escrow Agent a Joint Instruction authorizing delivery of the Shares and the Purchase Price to
a substitute Escrow Agent selected by the Seller and Purchasers. If no successor Escrow Agent is named by the Seller and Purchasers,
the Escrow Agent may apply to a court of competent jurisdiction in the State of New York for appointment of a successor Escrow
Agent, and to deposit the Shares and the Purchase Price with the clerk of any such court.

(e)         The
Escrow Agent does not have and will not have any interest in the Shares and the Purchase Price, and is serving only as escrow
agent, having only possession thereof. The Escrow Agent shall not be liable for any loss resulting from the making or retention
of any investment in accordance with this Agreement.

(f)         This
Agreement sets forth exclusively the duties of the Escrow Agent with respect to any and all matters pertinent thereto and no implied
duties or obligations shall be read into this Agreement.

(g)         The
provisions of this Section 4.1 shall survive the resignation or termination of

the
Escrow Agent or the termination of this Agreement.

4.2.         Dispute
Resolution: Judgments. Resolution of disputes arising under this Agreement shall be subject to the following terms and conditions:

(a)         If
any dispute shall arise with respect to the delivery, ownership, right of possession or disposition of the Shares and the Purchase
Price, or if the Escrow Agent shall in good faith be uncertain as to its duties or rights hereunder, the Escrow Agent shall be
authorized, without liability to anyone, to (i) refrain from taking any action other than to continue to hold the Shares and the
Purchase Price pending receipt of a Joint Instruction from Seller and Purchasers, or (ii) deposit the Shares and the Purchase
Price with any court of competent jurisdiction in the State of New York, in which event the Escrow Agent shall give written notice
thereof to the Seller and Purchasers and shall thereupon be relieved and discharged from all further obligations pursuant to this
Agreement. The Escrow Agent may, but shall be under no duty to, institute or defend any legal proceedings that relates to the
Shares and/or the Purchase Price. The Escrow Agent shall have the right to retain counsel if it becomes involved in any disagreement,
dispute or litigation on account of this Agreement or otherwise determines that it is necessary to consult counsel.

(b)         The
Escrow Agent is hereby expressly authorized to comply with and obey any Court Order. In case the Escrow Agent obeys or complies
with a Court Order, the Escrow Agent shall not be liable to the Seller and Purchasers or to any other person, firm, corporation
or entity by reason of such compliance.

ARTICLE
V

MISCELLANEOUS

5.1         Entire
Agreement Amendments. The Agreement contains the entire understanding of the parties with respect to the subject matter
hereof and supersedes ail prior agreements and understandings, oral or written, with respect to such matters, which the
parties acknowledge have been merged into such documents, exhibits and schedules.

    	6

    	 

    

5.2         Notices.
All notices, demands, requests, consents, approvals, and other communications required or permitted hereunder shall be in
writing and, unless otherwise specified herein, shall be (i) personally served, (ii) deposited in the mail, registered or certified,
return receipt requested, postage prepaid, (iii) delivered by reputable air courier service with charges prepaid, or (iv) transmitted
by hand delivery, telegram, or facsimile, addressed as set forth below or to such other address as such party shall have specified
most recently by written notice. Any notice or other communication required or permitted to be given hereunder shall be deemed
effective (a) upon hand delivery or delivery by facsimile, with accurate confirmation generated by the transmitting facsimile
machine, 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: (i) if to the Seller, to Bernard Warman, 172 Lakewood New Egypt Road, Lakewood,
NJ 08701, facsimile: (732) 730-7550, with a copy by fax only to (which shall not constitute notice): Grushko & Mittman, P.C.,
515 Rockaway Avenue, Valley Stream, New York 11581, Attn: Edward M. Grushko, Esq., facsimile: (212) 697-3575, and (ii) if to the
Purchasers, to: the addresses and fax numbers indicated on Schedule A hereto, with an additional copy by fax only to (which shall
not constitute notice): Quarles & Brady LLP, with offices located at 1395 Panther Lane, Suite 300, Naples, FL 34109, Attn:
Laura M. Holm, Esq., facsimile: (239) 434-4999.

5.3         Amendments;
Waivers. No provision of this Agreement may be waived or amended except in a written instrument signed, in the case of an
amendment, by the Seller, Purchasers and the Escrow Agent or, in the case of a waiver, by the party against whom enforcement of
any such waiver is sought. No waiver 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 provision, condition or requirement hereof, nor
shall any delay or omission of either party to exercise any right hereunder in any manner impair the exercise of any such right
accruing to it thereafter.

5.4         Successors
and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties and their successors and permitted
assigns. Neither party may assign this Agreement or any rights or obligations hereunder without the prior written consent of the
other parties.

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

5.6         Governing
Law. All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed
by and construed and enforced in accordance with the internal laws of the State of New York, without regard to the principles
of conflicts of law thereof. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts
sitting in New York County, New York for the adjudication of any dispute hereunder or in connection herewith or with any transaction
contemplated hereby or discussed herein, and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding,
any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is improper.
Each party hereby irrevocably waives personal service of process and consents to process being served in any such suit, action
or proceeding by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of delivery). Nothing
contained herein shall be deemed to limit in any way any right to serve process in any manner permitted by law. Each party irrevocably
waives, to the fullest extent permitted by applicable law, any and all right to trial by jury in any legal proceeding arising
out of or relating to this Agreement or the transactions contemplated hereby. If any party shall commence an action or proceeding
to enforce any provisions of the documents contemplated herein, then the prevailing party in such action or proceeding shall be
reimbursed by the other party for its attorneys' fees and other costs and expenses incurred with the investigation, preparation
and prosecution of such action or proceeding.

 

    	7

    	 

    

5.7         Survival.
The representations, warranties, agreements and covenants contained herein shall
survive the Closing.

5.8         Execution.
This Agreement may be executed in two or more counterparts, all of which when taken together shall be considered one and
the same agreement and shall become effective when counterparts have been signed by each party and delivered to the other
party, it being understood that both parties need not sign the same counterpart. In the event that any signature is delivered
by facsimile transmission, such signature shall create a valid and binding obligation of the party executing (or on whose
behalf such signature is executed) the same with the same force and effect as if such facsimile signature page were an
original thereof.

5.9         Severability.
In case any one or more of the provisions of this Agreement shall be invalid or unenforceable in any respect, the
validity and enforceability of the remaining terms and provisions of this Agreement shall not in any way be affecting or
impaired thereby and the parties will attempt to agree upon a valid and enforceable provision which shall be a reasonable
substitute therefore, and upon so agreeing, shall incorporate such substitute provision in this Agreement.

5.10       Independent
Status. The Seller acknowledges that the obligations of each Purchaser under this Agreement and the other purchase agreements
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. The Seller acknowledges that each Purchaser has represented
that the decision of each Purchaser to purchase the Shares and the Put Shares has been made by such Purchaser independently of
any other Purchaser. The Seller acknowledges that any no action taken by any Purchaser shall not be deemed to constitute the Purchasers
as a partnership, an association, a joint venture or any other kind of entity, or create a presumption that the Purchasers are
in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this agreement.
The Seller acknowledges that it has elected to provide all Purchasers with the same terms for the convenience of the Seller and
not because the Seller was required or requested to do so by the Purchasers.

[REST
OF THIS PAGE LEFT INTENTIONALLY BLANK]

    	8

    	 

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Purchase, Put and Escrow Agreement to be duly executed by their respective
authorized signatories as of the date first indicated above.

SELLER

 

	Bernard Warman	 
	 	 
	 	 
	 	 
	ESCROW AGENT	 
	 	 
	GRUSHKO & MITTMAN, P.C. 	 
	 	 
	/s/ GRUSHKO
    & MITTMAN, P.C. 	 

 

[Purchasers
signature page to follow]

    	9

    	 

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Purchase, Put and Escrow Agreement to be duly executed by their respective
authorized signatories as of the date first indicated above.

 

PURCHASERS

 

	Alpha
                           Capital Anstalt

	 
	 	 
	/s/
Konrad Ackermann

	 
	By: Konrad Ackermann	 
	Its: Director	

 

    	10

    	 

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Purchase, Put and Escrow Agreement to be duly executed by their respective
authorized signatories as of the date first indicated above.

PURCHASERS

 

	/s/
                                         Barry Honig

	 
	By: Barry Honig	 
	Its:	

 

    	11

    	 

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Purchase, Put and Escrow Agreement to be duly executed by their respective
authorized signatories as of the date first indicated above.

PURCHASERS

 

	GRQ
                           Consultants, Inc. Deferred Benefit Plan

	 
	 	 
	/s/
                                         Barry Honig

	 
	By: Barry Honig	 
	Its: Trustee	

 

 

    	12

    	 

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Purchase, Put and Escrow Agreement to be duly executed by their respective
authorized signatories as of the date first indicated above.

PURCHASERS

	 	 
	Birchtree
                           Capital LLC

	 
	 	 
	/s/ Michael Brauser	 
	By: Michael Brauser	 
	Its: Manager	

 

    	13

    	 

    

 

IN
WITNESS WHEREOF. the parties hereto have caused this Purchase, Put and Escrow Agreement to be duly executed by their respective
authorized signatories as of the date first indicated above.

 

PURCHASERS

	

	 
	/s/ Mark Groussman	 
	By: Mark Groussman	 
	Its: President	

    	14

    	 

    

IN
WITNESS WHEREOF, the parties hereto have caused this Purchase, Put and Escrow Agreement to be duly executed by their respective
authorized siglatories as of the date first indicated above.

SELLER

 

Bernard
Warman

 

___________________________________

 

PURCHASERS

 

	[Requires completion]	 	[Requires completion]
	 	 	 
	/s/ Richard Brand	 	 
	By: Richard Brand, Point Capital, Inc. 50 Shares	 	By:
	Its: CEO	 	Its:
	 	 	 
	[Requires completion]	 	[Requires completion]
	 	 	 
	 	 	 
	By:	 	By:
	Its:	 	Its:
	 	 	 
	[Requires completion]	 	[Requires completion]
	 	 	 
	 	 	 
	By:	 	By:
	Its:	 	Its:
	 	 	 
	ESCROW AGENT	 	 
	 	 	 
	GRUSHKO & MITTMAN, P.C.	 	 
	 	 	 
	 	 	 

    	15

    	 

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Purchase, Put and Escrow Agreement to be duly executed by their respective
authorized signatories as of the date first indicated above.

PURCHASERS

	

	 
	/s/ BEBE, LLC	 
	By: BEBE, LLC	 
	Its: Managing Member	

 16

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00237-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00237-of-00352.parquet"}]]