Document:

Unassociated Document

     

    ESCROW
AGREEMENT

     

    This
Escrow Agreement, dated as of March 25, 2009 (this “Agreement”), is
entered into by and among Go Public Acquisition Corporation I a Nevada
corporation with an address at 2000 Banks Rd, Suite 213D, Margate, FL 33063 (the
“Company”) and Escrow, LLC, with an address at 20 Rock Pointe, Suite 204,
Warrenton, Virginia 20186 (the “Escrow
Agent”).

     

    WITNESSETH:

    

    WHEREAS,
the Company proposes to make an offering in accordance with Rule 419 of the
Securities Act of 1933, as amended (the “Offering” and the
“Act,”
respectively);

    

    WHEREAS, the Company desires to deposit
all monies received from investors (“Investors”) pending a
closing of the offering (the “Escrowed Funds”) with
the Escrow Agent, to be held in escrow until written instructions are received
by the Escrow Agent from the Company, at which time the Escrow Agent will
disburse the Escrowed Funds in accordance with the instructions;
and

    

    WHEREAS, Escrow Agent is willing to
hold the Escrowed Funds in escrow in subject to the terms and conditions of this
Agreement.

    

    NOW, THEREFORE, in consideration of the
mutual promises herein contained and intending to be legally bound, the parties
hereby agree as follows:

    

    1.           Appointment of Escrow
Agent.  The Company hereby appoints the Escrow Agent as escrow
agent for the Investors and the Escrowed Funds in accordance with the terms and
conditions set forth herein and the Escrow Agent hereby accepts such
appointment.  Escrow Agent hereby agrees to deposit all Escrowed Funds
in an insured depository institution,” as that term is defined in section
3(c)(2) of the Federal Deposit Insurance Act (12 U.S.C.
1813(c)(2)).

    

    2.           Delivery of the Escrowed
Funds.

    

    2.1           The
Company will direct Investors to deliver the Escrowed Funds to the Escrow Agent,
addressed to the following account of the Escrow Agent:

    

    Domestic
Wires

    Virginia
Commerce Bank

    Leesburg,
VA

    ABA#
056005253

    Account
Name: Escrow, LLC FBO Purchasers of GPACI Offering Account #:
01194186

    International Wires

    Correspondent
Bank: Wells Fargo Bank,

    San
Francisco, CA

    SWIFT#
WFBIUS6S

    Credit
Acct: 412-11-08146

    Virginia
Commerce Bank

    FBO
Account Name: Escrow, LLC

    Account
#: 01194186

    

    
      
        
        

      

      
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    2.2           (a)
All Investors’ checks shall be made payable to “ESCROW, LLC FBO Purchasers of
GPACI Offering” and shall be delivered to the Escrow Agent at the address set
forth on Exhibit
A hereto and shall be accompanied by a written account of the
subscription in the form attached hereto as Exhibit B (the “Subscription
Information”). The Escrow Agent shall upon receipt of Escrowed Funds
deposit such funds in escrow.

    

    2.3           Any
checks which are received by Escrow Agent that are made payable to a party other
than the Escrow Agent shall be returned directly to the Company together with
any documents delivered therewith. Simultaneously with each deposit, the Company
shall provide the Escrow Agent with the Subscription Information to include the
name, address and taxpayer identification number of each Investor. The Escrow
Agent is not obligated, and may refuse, to accept checks that are not
accompanied by Subscription Information.

    

    2.4           In
the event a wire transfer is received by the Escrow Agent and the Escrow Agent
has not received Subscription Information, the Escrow Agent shall notify the
Company. If the Escrow Agent does not receive the Subscription Information
relating to an Investor prior to the close of business on the third business day
(days other than a Saturday or Sunday or other day on which the Escrow Agent is
not open for business in the State of Virginia) after notifying Company of
receipt of said wire, the Escrow Agent shall return the funds to the
Investor.

    

    3.           Escrow Agent to Hold and
Disburse Escrowed Funds.  The Escrow Agent will hold and
disburse the Escrowed Funds received by it pursuant to the terms of this Escrow
Agreement, as follows:

    

    3.1           Upon
receipt of instructions and representations from the Company in substantially
the form of Exhibit
C hereto, the Escrow Agent shall release the Escrowed Funds as directed
in such instructions. The Company and Escrow Agent also hereby agree that in the
event that any Investor requests the return of Escrowed Funds deposited by it,
such funds will be returned by Escrow, LLC.

    

    3.2           In
the event this Agreement, the Escrowed Funds or the Escrow Agent becomes the
subject of litigation, or if the Escrow Agent shall desire to do so for any
other reason, the Company authorizes the Escrow Agent, at its option, (i) to
deposit the Escrowed Funds with the clerk of the court in which the litigation
is pending, or a court of competent jurisdiction if no litigation is pending, or
(ii) return the Escrowed Funds to the Investors from which they were received,
and thereupon the Escrow Agent shall be fully relieved and discharged of any
further responsibility with regard thereto. The Company also authorizes the
Escrow Agent, if it receives conflicting claims to the Escrow Funds, is
threatened with litigation or if the Escrow Agent shall desire to do so for any
other reason, to interplead all interested parties in any court of competent
jurisdiction and to deposit the Escrowed Funds with the clerk of that court and
thereupon the Escrow Agent shall be fully relieved and discharged of any further
responsibility hereunder to the parties from which they were
received.

    

    3.3           In
the event that the Escrow Agent does not receive any instructions by a date that
is 210 days from the date of this Agreement (the “Escrow Termination
Date”), all Escrowed Funds shall be returned to the parties from which
they were received, without interest thereon or deduction
therefrom.

    

    3.4           If
the Company does not inform Escrow Agent that it has closed an acquisition
within eighteen (18) months of the date of this Agreement, then this Agreement
shall terminate and all Escrowed Funds shall be returned to the parties from
which they were received, without interest thereon or deduction
therefrom.

    

    4.           Exculpation and
Indemnification of Escrow Agent

    

    4.1           The
Escrow Agent shall haven no duties or responsibilities other than those
expressly set forth herein.  The Escrow Agent shall have no duty to
enforce any obligation of any person to make any payment or delivery, or to
direct or cause any payment or delivery to be made, or to enforce any obligation
of any person to perform any other act.  The Escrow Agent shall be
under no liability to the other parties hereto or anyone else, by reason of any
failure, on the part of any party hereto or any maker, guarantor, endorser or
other signatory of a document or any other person, to perform such person’s
obligations under any such document.  Except for amendments to this
Escrow Agreement referenced below, and except for written instructions given to
the Escrow Agent by the Escrowing Parties relating to the Escrowed Funds, the
Escrow Agent shall not be obligated to recognize any agreement between or among
any of the Escrowing Parties, notwithstanding that references hereto may be made
herein and whether or not it has knowledge thereof.

     

    
      
        
        

      

      
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    4.2           The  Escrow
Agent shall not be liable to the  Company or to anyone else for any
action taken or omitted by it, or any action suffered by it to be taken or
omitted, in good faith and acting upon any order, notice, demand, certificate,
opinion or advice of counsel (including counsel chosen by the Escrow Agent),
statement, instrument, report, or other paper or document (not only as to its
due execution and the validity and effectiveness of its provisions, but also as
to the truth and acceptability of any information therein contained), which is
believed by the Escrow Agent to be genuine and to be signed or presented by the
proper person or persons.  The  Escrow Agent shall not be
bound by any of the terms thereof, unless evidenced by written notice delivered
to the Escrow Agent signed by the proper party or parties and, if the duties or
rights of the Escrow Agent are affected, unless it shall give its prior written
consent thereto.

    

    4.3           The  Escrow
Agent shall not be responsible for the sufficiency or accuracy of the form, or
of the execution, validity, value or genuineness of, any document or property
received, held or delivered to it hereunder, or of any signature or endorsement
thereon, or for any lack of endorsement thereon, or for any description therein;
nor shall the Escrow Agent be responsible or liable to the Company or to anyone
else in any respect on account of the identity, authority or rights, of the
person executing or delivering or purporting to execute or deliver any document
or property or this Escrow Agreement. The Escrow Agent shall have no
responsibility with respect to the use or application of the Escrowed Funds
pursuant to the provisions hereof.

    

    4.4           The
Escrow Agent shall have the right to assume, in the absence of written notice to
the contrary from the proper person or persons, that a fact or an event, by
reason of which an action would or might be taken by the Escrow Agent, does not
exist or has not occurred, without incurring liability to
the  Company, Investors or to anyone else for any action taken or
omitted to be taken or omitted, in good faith and in the exercise of its own
best judgment, in reliance upon such assumption.

    

    4.5           To
the extent that the Escrow Agent becomes liable for the payment of taxes,
including withholding taxes, in respect of income derived from the investment of
the Escrowed Funds, or any payment made hereunder, the Escrow Agent may pay such
taxes; and the Escrow Agent may withhold from any payment of the Escrowed Funds
such amount as the Escrow Agent estimates to be sufficient to provide for the
payment of such taxes not yet paid, and may use the sum withheld for that
purpose.  The Escrow Agent shall be indemnified and held harmless
against any liability for taxes and for any penalties in respect of taxes, on
such investment income or payments in the manner provided in Section
4.6.

    

    4.6           The
Escrow Agent will be indemnified and held harmless by the  Company
from and against all expenses, including all counsel fees and disbursements, or
loss suffered by the Escrow Agent in connection with any action, suit or
proceedings involving any claim, or in connection with any claim or demand,
which in any way, directly or indirectly, arises out of or relates to this
Escrow Agreement, the services of the Escrow Agent hereunder, except for claims
relating to gross negligence by Escrow Agent or breach of this Escrow Agreement
by the Escrow Agent, or the monies or other property held by it
hereunder.  Promptly after the receipt of the Escrow Agent of notice
of any demand or claim or the commencement of any action, suit or proceeding,
the Escrow Agent shall, if a claim in respect thereof is to be made against a
party to this Agreement, notify each of them thereof in writing, but the failure
by the Escrow Agent to give such notice shall not relieve any such party from
any liability which a party may have to the Escrow Agent
hereunder.  Notwithstanding any obligation to make payments and
deliveries hereunder, the Escrow Agent may retain and hold for such time as it
deems necessary such amount of monies or property as it shall, from time to
time, in its sole discretion, seem sufficient to indemnify itself for any such
loss or expense and for any amounts due it under Section 7.

    

    
      
        
        

      

      
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    4.7           For
purposes hereof, the term “expense or loss” shall include all amounts paid or
payable to satisfy any claim, demand or liability, or in settlement of any
claim, demand, action, suit or proceeding settled with the express written
consent of the Escrow Agent, and all costs and expenses, including, but not
limited to, counsel fees and disbursements, paid or incurred in investigating or
defending against any such claim, demand, action, suit or
proceeding.

    

    5.           Termination of Agreement and
Resignation of Escrow Agent

    

    5.1           This
Escrow Agreement shall terminate upon disbursement of all of the Escrowed Funds,
provided that the rights of the Escrow Agent and the obligations of
the  Company under Section 4 shall survive the termination
hereof.

    

    5.2           The  Escrow
Agent may resign at any time and be discharged from its duties as Escrow Agent
hereunder by giving the Company at least five (5) business days written notice
thereof (the “Notice
Period”).  As soon as practicable after its resignation, the
Escrow Agent shall, if it receives notice from the Company within the Notice
Period, turn over to a successor escrow agent appointed by the Company all
Escrowed Funds (less such amount as the Escrow Agent is entitled to retain
pursuant to Section 7) upon presentation of the document appointing the new
escrow agent and its acceptance thereof.  If no new agent is so
appointed within the Notice Period, the Escrow Agent shall return the Escrowed
Funds to the parties from which they were received without interest or
deduction.

    

    6.           Form of Payments by Escrow
Agent

    

    6.1           Any
payments of the Escrowed Funds by the Escrow Agent pursuant to the terms of this
Escrow Agreement shall be made by wire transfer unless directed to be made by
check by the Company.

    

    6.2           All
amounts referred to herein are expressed in United States Dollars and all
payments by the Escrow Agent shall be made in such dollars.

    

    7.           Compensation.  Escrow
Agent shall be entitled to the following compensation from the
Company:

    

    7.1           Documentation
Fee:  The Company shall pay a documentation fee to theEscrow
Agent of $ 1,000.00, on the execution of this Agreement.

    

    
      	
               
      

            	
              7.2

            	
              Closing
      Fee:  The Company shall pay a fee of $200.00 to the
      Escrow Agent
for  disbursement.

            

    

    

    7.3           Interest  The
Company hereby agrees that Escrow Agent shall retain 100%of the interest earned
during the time the Escrowed Funds are held in escrow hereunder.

    

    8.           Notices.  All
notices, requests, demands, and other communications provided herein shall be in
writing, shall be delivered by hand or by first-class mail, shall be deemed
given when received and shall be addressed to parties hereto at their respective
addresses first set forth in the recitals above and on Exhibit A
hereto.

    

    9.           Further
Assurances  From time to time on and after the date hereof,
the  Company shall deliver or cause to be delivered to the Escrow
Agent such further documents and instruments and shall do and cause to be done
such further acts as the Escrow Agent shall reasonably request (it being
understood that the Escrow Agent shall have no obligation to make any such
request) to carry out more effectively the provisions and purposes of this
Escrow Agreement, to evidence compliance herewith or to assure itself that it is
protected in acting hereunder.

     

    
      
        
        

      

      
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    10.           Consent to Service of
Process  The  Company hereby irrevocably consents to
the jurisdiction of the courts of the State of Virginia and of any Federal court
located in such state in connection with any action, suit or proceedings arising
out of or relating to this Escrow Agreement or any action taken or omitted
hereunder, and waives personal service of any summons, complaint or other
process and agrees that the service thereof may be madeby certified or
registered mail directed to it at the address listed on Exhibit A
hereto.

    

    11.           Miscellaneous

    

    11.1           This
Escrow Agreement shall be construed without regard to any presumption or other
rule requiring construction against the party causing such instrument to be
drafted.  The  terms “hereby,” “hereof,” “hereunder,” and
any similar terms, as used in this Escrow Agreement, refer to the Escrow
Agreement in its entirety and not only to the particular portion of this Escrow
Agreement where the term is used.  The word “person” shall mean any
natural person, partnership, corporation, government and any other form of
business of legal entity.  All words or terms used in this Escrow
Agreement, regardless of the number or gender in which they were used, shall be
deemed to include any other number and any other gender as the context may
require.  This Escrow Agreement shall not be admissible in evidence to
construe the provisions of any prior agreement.

    

    11.2           This
Escrow Agreement and the rights and obligations hereunder of the Company may not
be assigned.  This Escrow Agreement and the rights and obligations
hereunder of the Escrow Agent may be assigned by the Escrow Agent only with the
written consent of the Company.  This Escrow Agreement shall be
binding upon and inure to the benefit of each party’s respective successors,
heirs and permitted assigns. No other person shall acquire or have any rights
under or by virtue of this Escrow Agreement. This Escrow Agreement may not be
changed orally or modified, amended or supplemented without an express written
agreement executed by the Escrow Agent, the Company and the Initial Purchaser.
This Escrow Agreement is intended to be for the sole benefit of the parties
hereto and the Additional Purchasers and their respective successors, heirs and
permitted assigns, and none of the provisions of this Escrow Agreement are
intended to be, nor shall they be construed to be, for the benefit of any third
person.

    

    11.3           This
Escrow Agreement shall be governed by, and construed in accordance with, the
internal laws of the State of Virginia. The representations and warranties
contained in this Escrow Agreement shall survive the execution and delivery
hereof and any investigations made by any party.  The headings in this
Escrow Agreement are for purposes of reference only and shall not limit or
otherwise affect any of the terms thereof.

    

    12.           Execution of
Counterparts   This Escrow Agreement may be executed in a
number of counterparts, by facsimile, each of which shall be deemed to be an
original as of those whose signature appears thereon, and all of which shall
together constitute one and the same instrument.  This Escrow
Agreement shall become binding when one or more of the counterparts hereof,
individually or taken together, are signed by all the parties.

    

    [Remainder
of page intentionally left blank

    Signature
pages follow]

     

    
      
        
        

      

      
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    IN WITNESS WHEREOF, the parties have
executed and delivered this Escrow Agreement on the day and year first above
written.

    

    ESCROW
AGENT:

    

    ESCROW,
LLC

    

    By:_/s/__________________________

    Name: Johnnie L. Zarecor

    Title: Vice-President

    

    GO PUBLIC ACQUISITION

    CORPORATION I

    

    By:_/s/__________________________

    Name:
James Vogel

    Title:
President

    

    
      
        
        

      

      
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    EXHIBIT
A

    

    PARTIES
TO AGREEMENT

    

    Escrow,
LLC

    360 Main
St.

    Washington,
VA 22747

    Telephone:
540-347-2212

    Attention:
Johnnie L. Zarecor

    Fax:
540-347-2291

    Email:
jzarecor@escrowllc.net

    _

    /s/________________________

    (Signature)

    

    GO
PUBLIC ACQUISITION CORPORATION I

    2000
Banks Rd., Suite 213D

    Margate,
FL 33063

    

    Attn:
James Vogel

    Tel. No.:
954-212-5678

    Fax No.:
954-968-1533

    Email:
jamesvogel@gopublicllc.com

    

    _/s/________________________________

    (Signature)

     

    
      
        
        

      

      
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     EXHIBIT
B

    

    SUBCRIPTION
INFORMATION

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                	
                                        Name
      of Subscriber

                                      	 	
                                         

                                      	 
	 
      	 	 
      	 
	
                                        Address
      of Subscriber

                                      	 	
                                         

                                      	 
	 
      	 	 
      	 
	
                                         

                                      	 	 
      	 
	 
      	 	 
      	 
	
                                         

                                      	 	 
      	 
	 
      	 	 
      	 
	
                                        Amount
      of Securities

                                      	 	 
      	 
	
                                        Subscribed

                                      	 	
                                         

                                      	 
	 
      	 	 
      	 
	
                                        US
      Dollar Amount

                                      	 	 
      	 
	
                                        Submitted

                                      	 	
                                         

                                      	 
	 
      	 	 
      	 
	
                                        Taxpayer
      ID Number/

                                      	 	 
      	 
	
                                        Social
      Security Number

                                      	 	
                                         

                                      	 

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

     

    
      
        
        

      

      
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    EXHIBIT
C

    

    DISBURSEMENT
REQUEST

    

    Pursuant to that certain Escrow
Agreement by and between Go Public Acquisition Corporation I and Escrow, LLC the
undersigned hereby requests disbursement of funds in the amount and manner
described below.

     

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      	
                                              Please
      disburse to:

                                            	 	 
      	 
	 
      	 	 
      	 
	
                                              Amount
      to disburse:

                                            	 	 
      	 
	 
      	 	 
      	 
	
                                              Form
      of distribution:

                                            	 	 
      	 
	 
      	 	 
      	 
	
                                              Payee:

                                            	 	 
      	 
	
                                              Name:

                                            	 	 
      	 
	
                                              Address:

                                            	 	 
      	 
	
                                              City/State:

                                            	 	 
      	 
	
                                              Zip:

                                            	 	 
      	 
	 
      	 	 
      	 
	
                                              Bank:

                                            	 	 
      	 
	 
      	 	 
      	 
	 
      	 	 
      	 

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

     

    The
Company hereby warrants to the Escrow Agent that the terms of Rule 419(e)(1) and
(e)(2) have been satisfied and hereby tenders to the Escrow Agent a copy of the
post-effective amendment filed by the Company with the Securities and Exchange
Commission.

    

    Statement of event or condition which
calls for this request for disbursement:

    _______________________________________________________________

    _______________________________________________________________

    

    Escrow
Disbursement approved by:

     

    
      
        
          
            
              
                
                  
                    
                      
                        	
                                 

                              	 	
                                 

                              	 
	
                                (Signature)

                              	 	
                                Date

                              	 
	 
      	 	 
      	 
	
                                 
      

                              	 	
                                 

                              	 
	
                                (Signature)

                              	 	
                                Date

                              	 

                      

                    

                  

                

              

            

          

        

      

    

     

    
      
        
        

      

      
        9STOCK
ESCROW AGREEMENT

    

             THIS
STOCK ESCROW AGREEMENT, dated as of  March 25, 2009 ("Agreement"), is
made by and among GO PUBLIC ACQUISITION CORPORATION I,
a  Nevada  corporation ("Company"),
the  person(s)  set forth on Exhibit A
hereto  (the  "Initial  Stockholder", whether one
or more)  and ESCROW, LLC,  a Virginia limited liability
company  ("Escrow Agent").

    

             WHEREAS,
the Company is undertaking an offering of securities pursuant to Rule 419
promulgated under the Securities Act of 1933, as amended (the “Offering”);
and

    

             WHEREAS,
each Initial Stockholder has agreed as a condition of the Offering to deposit
its shares of common stock of the Company, as set forth opposite their
respective names in Exhibit A attached hereto (collectively "Initial Stockholder
Shares"), in escrow as hereinafter provided;

    

             WHEREAS,
pursuant to Rule 419, the Company will be required to deposit into escrow all
shares issued to investors (“Investor Shares”) in the Offering (“Investors”);
and

    

    WHEREAS,
the Company and the Initial Stockholder desire that the Escrow
Agent  accept  the  Initial Stockholder Shares and
Investor Shares (collectively “Escrow Shares”), in  escrow, to be held
and  disbursed  as hereinafter provided.

    

             THEREFORE,
IT IS HEREBY AGREED AS FOLLOWS:

    

             1.
APPOINTMENT OF ESCROW AGENT. The Company and the Initial Stockholder hereby
appoint the Escrow Agent to act in accordance with and subject to the terms of
this Agreement and the Escrow Agent hereby accepts such appointment and agrees
to act in accordance with and subject to such terms.

    

             2.
DEPOSIT OF ESCROW SHARES. On or before the effective date of a Registration
Statement filed in accordance with Rule 419 (the “Effective Date”), each of the
Initial Stockholder shall deliver to the Escrow Agent certificates representing
its respective Initial Stockholder Shares, to be held and disbursed subject to
the terms and conditions of this Agreement. After the Effective Date, the
Company shall deliver to the Escrow Agent the Escrow Shares issued to Investors
to be held and disbursed subject to the terms and conditions of this
Agreement.

    

             3.
DISBURSEMENT OF THE ESCROW SHARES. The Escrow Agent shall hold the Escrow Shares
until the earlier of (i) eighteen (18) months following the date of a business
combination; (ii) liquidation of the Company; or (iii) such date on which the
Escrow Agent receives instructions for release from the Company ("Escrow
Period"), on which date it shall, upon written instructions from each Initial
Stockholder, disburse each of the Escrow Shares as directed by the Company. Upon
disbursement of the Escrow Shares, the Escrow Agent shall have no further duties
hereunder and this Agreement shall terminate.

    

             4.
RIGHTS OF INITIAL STOCKHOLDER AND INVESTORS IN ESCROW SHARES.

    

                4.1
VOTING RIGHTS AS A STOCKHOLDER. The Initial Stockholder and Investors shall
retain all of their rights as stockholders of the Company during the Escrow
Period, including, without limitation, the right to vote such
shares.

    

                4.2
DIVIDENDS AND OTHER DISTRIBUTIONS IN RESPECT OF THE ESCROW SHARES. During the
Escrow Period, all dividends payable in cash with respect to the Escrow Shares
shall be paid to the Initial Stockholder and Investors, but all dividends
payable in stock or other non-cash property ("Non-Cash Dividends") shall be
delivered to the Escrow Agent to hold in accordance with the terms hereof. As
used herein, the term "Escrow Shares" shall be deemed to include the Non-Cash
Dividends distributed thereon, if any.

    

    
      
        
        

      

      
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                4.3
RESTRICTIONS ON TRANSFER. During the Escrow Period, no sale, transfer or other
disposition may be made of any or all of the Investor Shares except (i) by gift
to a member of Initial Stockholder's immediate family or to a trust, the
beneficiary of which is an Initial Stockholder or a member of an Initial
Stockholder's immediate family, (ii) by virtue of the laws of descent and
distribution upon death of any Initial Stockholder, or (iii) pursuant to a
qualified domestic relations order; PROVIDED, HOWEVER, that such permissive
transfers may be implemented only upon the respective transferee's written
agreement to be bound by the terms and conditions of this Agreement and of the
Insider Letter signed by the Initial Stockholder or Investor transferring the
Escrow Shares.  During the Escrow Period, the Initial Stockholder and
Investors shall not pledge or grant a security interest in the Escrow Shares or
grant a security interest in their rights under this
Agreement.  Notwithstanding all of the foregoing, the Initial
Stockholder may gift any of its shares. Such gift shall be effective when a Gift
Share Acceptance Letter is presented to Escrow Agent. Escrow Agent shall then
deduct from the Initial Stockholder Shares the number of shares so gifted and
transfer them on Escrow Agent’s records to the donee.

    

             5.
CONCERNING THE ESCROW AGENT.

    

                5.1
GOOD FAITH RELIANCE. The Escrow Agent shall not be liable for any action taken
or omitted by it in good faith and in the exercise of its own best judgment, and
may rely conclusively and shall be protected in acting upon any order, notice,
demand, certificate, opinion or advice of counsel (including counsel chosen by
the Escrow Agent), statement, instrument, report or other paper or document (not
only as to its due execution and the validity and effectiveness of its
provisions, but also as to the truth and acceptability of any information
therein contained) which is believed by the Escrow Agent to be genuine and to be
signed or presented by the proper person or persons. The Escrow Agent shall not
be bound by any notice or demand, or any waiver, modification, termination or
rescission of this Agreement unless evidenced by a writing delivered to the
Escrow Agent signed by the proper party or parties and, if the duties or rights
of the Escrow Agent are affected, unless it shall have given its prior written
consent thereto.

    

                5.2
INDEMNIFICATION. The Escrow Agent shall be indemnified and held harmless by the
Company from and against any expenses, including counsel fees and disbursements,
or loss suffered by the Escrow Agent in connection with any action, suit or
other proceeding involving any claim which in any way, directly or indirectly,
arises out of or relates to this Agreement, the services of the Escrow Agent
hereunder, or the Escrow Shares held by it hereunder, other than expenses or
losses arising from the gross negligence or willful misconduct of the Escrow
Agent. Promptly after the receipt by the Escrow Agent of notice of any demand or
claim or the commencement of any action, suit or proceeding, the Escrow Agent
shall notify the other parties hereto in writing. In the event of the receipt of
such notice, the Escrow Agent, in its sole discretion, may commence an action in
the nature of interpleader in an appropriate court to determine ownership or
disposition of the Escrow Shares or it may deposit the Escrow Shares with the
clerk of any appropriate court or it may retain the Escrow Shares pending
receipt of a final, non-appealable order of a court having jurisdiction over all
of the parties hereto directing to whom and under what circumstances the Escrow
Shares are to be disbursed and delivered. The provisions of this Section 5.2
shall survive in the event the Escrow Agent resigns or is discharged pursuant to
Sections 5.5 or 5.6 below.

    

                5.3
COMPENSATION. [Omitted.]

    

                5.4
FURTHER ASSURANCES. From time to time on and after the date hereof, the Company
and the Initial Stockholder shall deliver or cause to be delivered to the Escrow
Agent such further documents and instruments and shall do or cause to be done
such further acts as the Escrow Agent shall reasonably request to carry out more
effectively the provisions and purposes of this Agreement, to evidence
compliance herewith or to assure itself that it is protected in acting
hereunder.

    

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    

                5.5
RESIGNATION. The Escrow Agent may resign at any time and be discharged from its
duties as escrow agent hereunder by its giving the other parties hereto written
notice and such resignation shall become effective as hereinafter provided. Such
resignation shall become effective at such time that the Escrow Agent shall turn
over to a successor escrow agent appointed by the Company, the Escrow Shares
held hereunder. If no new escrow agent is so appointed within the 60 day period
following the giving of such notice of resignation, the Escrow Agent may deposit
the Escrow Shares with any court it reasonably deems appropriate.

    

                5.6
DISCHARGE OF ESCROW AGENT. The Escrow Agent shall resign and be discharged from
its duties as escrow agent hereunder if so requested in writing at any time by
the other parties hereto, jointly, provided, however, that such resignation
shall become effective only upon acceptance of appointment by a successor escrow
agent as provided in Section 5.5.

    

                5.7
LIABILITY. Notwithstanding anything herein to the contrary, the Escrow Agent
shall not be relieved from liability hereunder for its own gross negligence or
its own willful misconduct.

    

             6.
MISCELLANEOUS.

    

                6.1
GOVERNING LAW. This Agreement shall for all purposes be deemed to be made under
and shall be construed in accordance with the laws of the State of
Virginia.

    

                6.2
ENTIRE AGREEMENT. This Agreement contains the entire agreement of the parties
hereto with respect to the subject matter hereof and, except as expressly
provided herein, may not be changed or modified except by an instrument in
writing signed by the party to the charged.

    

                6.3
HEADINGS. The headings contained in this Agreement are for reference purposes
only and shall not affect in any way the meaning or interpretation
thereof.

    

                6.4
BINDING EFFECT. This Agreement shall be binding upon and inure to the benefit of
the respective parties hereto and their legal representatives, successors and
assigns.

    

                6.5
NOTICES. Any notice or other communication required or which may be given
hereunder shall be in writing and either be delivered personally or be mailed,
certified or registered mail, or by private national courier service, return
receipt requested, postage prepaid, and shall be deemed given when so delivered
personally or, if mailed, two days after the date of mailing, as
follows:

    

                     If
to the Company, to:

    

    Go Public Acquisition Corporation
I

    2000
Banks Rd, Suite 213D

    Margate,
FL 33063

    

                     If
to an Initial Stockholder, to his address as set forth in Exhibit
A.

    

                     and
if to the Escrow Agent, to:

    

    Escrow, LLC

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    360 Main
St.

    Washington,
VA 22747

    Telephone:
540-347-2212

    Attention:
Johnnie L. Zarecor

    Fax:
540-347-2291

    Email:
jzarecor@escrowllc.net

    

                The
parties may change the persons and addresses to which the notices or
other  communications  are to be sent by giving written
notice of any such change in the manner provided herein for giving
notice.

    

                6.6
LIQUIDATION OF THE COMPANY. The Company shall give the Escrow Agent written
notification of the liquidation and dissolution of the Company in the event that
the Company fails to consummate an acquisition within the time period(s)
specified in its registration statement.

    

    7.           [Omitted.]

    

             WITNESS  the  execution  of
this  Agreement  as of the date first above
written.

    

    ESCROW
AGENT:

    

    ESCROW,
LLC

    

    By:__/s/_________________________

    Name: Johnnie L. Zarecor

    Title: Vice-President

    

    COMPANY:

    

    GO
PUBLIC ACQUISITION CORPORATION I

    

    By:_/s/__________________________

    Name:
James Vogel

    Title:
President

    

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    

    EXHIBIT
A

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          	 
      	 	
                                  Stock

                                	 	 
      
	
                                  Name
      and Address of

                                	 	
                                  Number
      of

                                	 	
                                  Certificate

                                
	
                                  Initial Stockholder

                                	 	
                                  Shares

                                	 	
                                  Number

                                
	 	 	 	 	 

                        

                      

                    

                  

                

              

            

          

        

      

    
      
        
        

      

      
        5

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