Document:

Exhibit 4.11

 

AQUASITION CORP.

 

VOTING AGREEMENT

 

THIS VOTING AGREEMENT
(this “Agreement”) is made as of August 1, 2014 between and among (a) Aquasition Corp., a company organized
and existing under the laws of the Republic of the Marshall Islands (the “Company”); (b) Aquasition Investments
Corp., a company incorporated in the Republic of the Marshall Islands (“AQU Invest”); and (c) Cheung So Wa,
an individual, and Chan Sun Keung, an individual (the “Principal Stockholders”). Each of the foregoing is referred
to as a “party” and collectively as the “parties.” Capitalized terms not otherwise defined
will have the meanings assigned to them in the Share Exchange Agreement.

 

RECITALS

 

WHEREAS, the Company,
KBS International Holdings, Inc. (“KBS”), Hongri International Holdings, Ltd. (“Hongri”),
and the Principal Stockholders have entered into that certain Share Exchange Agreement and Plan of Liquidation dated as of March
24, 2014 (the “Share Exchange Agreement”); and

 

WHEREAS, AQU Invest
and the Principal Stockholders (collectively, the “Stockholders”) are or will be significant stockholders of
the Company after the closing of the transactions contemplated by the Share Exchange Agreement; and

 

WHEREAS, Article IV(1)
of the Company’s Amended and Restated Articles of Incorporation, as currently in effect, provides that the number of directors
comprising the Company’s Board of Directors (the “Board”) shall be not less than two (2); and

 

WHEREAS, the Stockholders
believe it is in their best interests to provide for the future voting of their shares of the Company’s capital stock with
respect to the election of Board members and certain other matters as set forth below; and

 

WHEREAS, the obligations
of the parties to the Share Exchange Agreement are conditioned upon the execution and delivery of this Agreement, as set forth
in Section 2.6(b) of that Agreement;

 

NOW, THEREFORE, in
consideration of the foregoing and the mutual promises and covenants set forth in this Agreement, the parties agree as follows:

 

AGREEMENT

 

1.                 
Board Matters. During the term of this Agreement, to the extent they are entitled under the Company’s Restated
Charter or applicable law to vote on any matter described herein, the Stockholders will vote all of the shares of the Company’s
voting securities now or hereafter owned by them, whether beneficially or otherwise, or with respect to which they exercise voting
power (collectively, the “Shares”), as follows:

 

1.1             
Board Size. The Stockholders will vote or cause to be voted, whether at a meeting of stockholders or by written consent,
all of their respective Shares to ensure that the number of directors constituting the Board will be set and remain at seven (7)
directors.

 

    	- 1 -

    	 

    

 

1.2             
Election of Directors.

 

(a)               
The Stockholders will vote or cause to be voted, whether at a meeting of stockholders or by written consent, all of their
respective Shares to ensure that the following persons are elected to the Board: (i) three (3) persons nominated by a majority
of the Shares held by the Principal Stockholders (“Principal Stockholders’ Directors”); (ii) one (1) person
nominated by AQU Invest (the “AQU Director”); and (iii) three (3) persons nominated by agreement between the
Principal Stockholders and AQU Invest.

 

(b)              
One of the persons nominated by the Principal Stockholders pursuant to Section 1.2(a)(i), and each person nominated by agreement
between the Principal Stockholders and AQU Invest under Section 1.2(a)(iii), must be an “independent director” under
applicable laws, regulations and rules, and having experience with public companies listed in the United States and with the NASDAQ
Rules.

 

1.3             
Initial Directors.

 

(a)               
The initial two persons nominated by the Principal Stockholders pursuant to Section 1.2(a)(i) will be Yan Ke Yan, Stanley
Wong and Tristan Kuo.

 

(b)              
The initial person nominated by AQU pursuant to Section 1.2(a)(ii) will be Stylianos Stergios Souyoutzoglou.

 

(c)               
The initial three persons nominated by agreement between the Principal Stockholders and AQU Invest pursuant to Section 1.2(a)(iii)
will be John Sano, Max Zhou, and Andrew Gaw.

 

(d)              
Each of Tristan Kuo, John Sano, Max Zhou, and Andrew Gaw will be an “independent director” under applicable
laws, regulations and rules, having experience with public companies listed in the United States and with the NASDAQ Rules, as
contemplated by Section 1.2(b).

 

1.4             
Vacancies. Any vacancy among the members of the Board will be filled by the appointment or election of a person nominated
by the persons or groups entitled under Section 1.2 hereof to designate the vacating member. In the absence of any designation
from the persons or groups with the right to designate a person for election to the Board pursuant to this Section 1.4 hereof,
the member of the Board previously designated by such persons or groups and then serving will be re-elected if still eligible to
serve as provided herein.

 

1.5             
Removal of Directors. The Stockholders will vote or cause to be voted, whether at a meeting of stockholders or by
written consent, all of their respective Shares to ensure that:

 

(a)               
no member of the Board elected pursuant to Section 1.2 hereof will be removed from office unless such removal is directed
or approved by the affirmative vote of the persons or groups entitled under Section 1.2 hereof to designate such member of the
Board, or (ii) the persons or groups entitled to designate such member of the Board pursuant to Section 1.2 hereof are no longer
entitled hereof to designate such member of the Board; and

 

(b)              
upon the direction or affirmative vote of the persons or groups entitled under Section 1.2 hereof to designate a member
of the Board, such member of the Board will be removed from office.

 

    	- 2 -

    	 

    

 

2.                 
Special Voting Matters. Any acquisition by the Company or any subsidiary of any entity owned of record or beneficially
more than five percent (5%) by either of the Principal Stockholders will require the approval of the AQU Director, which approval
will not be unreasonably delayed or withheld.

 

3.                 
Operational Cooperation. Unless determined otherwise by the AQU Director, the parties will cause the Directors nominated
by them to ensure that:

 

3.1             
Management of the Company will hold conference calls at least monthly with the Board of Directors.

 

3.2             
The Company will implement enterprise resource planning (ERP) during 2014.

 

4.                 
Successors in Interest of the Stockholders. The provisions of this Agreement will be binding upon the successors
in interest of the Stockholders to any of the Stockholders’ Shares. The Company will not permit the transfer of any Stockholders’
Shares on its books or issue a new certificate representing any Stockholders’ Shares unless and until the person to whom
such security is to be transferred will have executed a written agreement, satisfactory in form and substance to the Company, pursuant
to which such person becomes a party to this Agreement and agrees to be bound by all the provisions hereof as if such person was
a Shareholder hereunder (and in such event, such person will be deemed a Shareholder hereunder). Any signed accession agreement
to this Agreement by such successor will satisfy such purpose and, in such instance, no other signatory hereto (except the Company)
will be required.

 

5.                 
Covenants of the Company. The Company will use reasonable efforts to take all actions required to ensure that the
rights given to the Stockholders hereunder are effective and that the Stockholders enjoy the benefits thereof. Such actions include,
without limitation, the use of the Company’s reasonable efforts to cause the nomination of the designees, as provided herein,
for election as directors of the Company. The Company will not, by any voluntary action, avoid or seek to avoid the observance
or performance of any of the terms to be performed hereunder by the Company, but will at all times in good faith assist in the
carrying out of all of the provisions of this Agreement and in the taking of all such actions as may be necessary or appropriate
in order to protect the rights of the Stockholders against impairment.

 

6.                 
No Liability for Election of Recommended Directors. Neither the Company, the Stockholders, nor any officer, director,
shareholder, partner, employee or agent of such party, makes any representation or warranty as to the fitness or competence of
the nominee of any party hereunder to serve on the Board by virtue of such party’s execution of this Agreement or by the
act of such party in voting for such nominee pursuant to this Agreement.

 

7.                 
Grant of Proxy; Power of Attorney. If a Shareholder fails to vote such Shareholder’s Shares or take such other
action as may be required by the terms and conditions of this Agreement, such Shareholder, by execution of this Agreement, will
be deemed to have granted to the Company a proxy and/or special power of attorney, and appointed the Company as such Shareholder’s
attorney-in-fact, for the sole purpose of voting the Shares held by such Shareholder and executing and delivering, in the name
and on behalf of such Shareholder, all consents, waivers, agreements and other documents required to be executed and delivered
by such Shareholder pursuant to this Agreement. If the provisions of this Agreement be construed to constitute the granting of
a proxy, such proxy will be deemed coupled with an interest and will be irrevocable for the term of this Agreement.

 

8.                 
Specific Enforcement. It is agreed and understood that monetary damages would not adequately compensate an injured
party for the breach of this Agreement by any party, that this Agreement will be specifically enforceable, and that any breach
or threatened breach of this Agreement will be the proper subject of a temporary or permanent injunction or restraining order.
Further, each party hereto waives any claim or defense that there is an adequate remedy at law for such breach or threatened breach.

 

    	- 3 -

    	 

    

 

9.                 
Termination. This Agreement will terminate upon as to any shareholder of the Company in the event such shareholder
holds less than one-half of the Shares held by it on the date hereof.

 

10.             
Amendments and Waivers. Any term hereof may be amended or waived (either generally or in a particular instance and
either retroactively or prospectively) only with the written consent of the parties affected thereby. Any amendment or waiver so
effected will be binding upon the parties and their respective successors and assigns.

 

11.             
Stock Splits, Stock Dividends, etc. In the event of any stock split, stock dividend, recapitalization, reorganization,
or the like, any securities issued with respect to the Shares will become “Shares” for purposes of this Agreement,
and will be endorsed with any legend required by this Agreement.

 

12.             
Legends on Share Certificates. Each certificate representing any Shares will be endorsed by the Company with a legend
reading substantially as follows:

 

THE SECURITIES EVIDENCED BY THIS CERTIFICATE
ARE SUBJECT TO A VOTING AGREEMENT (A COPY OF WHICH MAY BE OBTAINED UPON WRITTEN REQUEST FROM THE ISSUER), AND BY ACCEPTING ANY
INTEREST IN SUCH SHARES THE PERSON ACCEPTING SUCH INTEREST WILL BE DEEMED TO AGREE TO AND WILL BECOME BOUND BY ALL THE PROVISIONS
OF SUCH VOTING AGREEMENT.

 

13.             
Severability. If any provision of this Agreement is held to be illegal or unenforceable under applicable law, (a)
such provision will be excluded from this Agreement and the balance of the Agreement will be interpreted as if such provision were
so excluded and will be enforceable in accordance with its terms, and (b) the parties will, to the extent permissible by applicable
law, amend this Agreement, or enter into a voting trust agreement under which the Shares will be transferred to the voting trust
created thereby, so as to make effective and enforceable the intent of this Agreement.

 

14.             
Titles and Subtitles. The titles and subtitles used in this Agreement are used for convenience only and are not to
be considered in construing or interpreting this Agreement.

 

15.             
Delays or Omissions. No delay or omission to exercise any right, power or remedy accruing to any party to this Agreement
upon any breach or default of any other party under this Agreement will impair any such right, power or remedy of such non-defaulting
party, nor will it be construed to be a waiver of any such breach or default, or an acquiescence therein, or of or in any similar
breach or default thereafter occurring; nor will any waiver of any single breach or default be deemed a waiver of any other breach
or default therefore or thereafter occurring. All remedies, either under this Agreement or by law or otherwise afforded to any
party, will be cumulative and not alternative.

 

16.             
Governing Law. This Agreement will be governed by and construed under the laws of New York, without regard to the
conflict of laws provisions thereof.

 

17.             
Dispute Resolution. Article X of the Share Exchange Agreement, regarding arbitration of disputes, is incorporated
by reference herein to apply with full force to any disputes arising under this Agreement.

 

    	- 4 -

    	 

    

 

18.             
Counterparts; Facsimile Signatures. This Agreement may be executed in two or more counterparts, each of which will
be deemed an original, but all of which together will constitute one and the same instrument. This Agreement may be executed and
delivered by facsimile and upon such delivery the facsimile signature will be deemed to have the same effect as if the original
signature had been delivered to the other party.

 

19.             
Attorney’s Fees. If any action at law or in equity is necessary to enforce or interpret the terms of this Agreement,
the prevailing party will be entitled to reasonable attorneys’ fees, costs and disbursements in addition to any other relief
to which such party may be entitled.

 

20.             
Successors and Assigns. The provisions hereof will inure to the benefit of, and be binding upon, the successors and
assigns of the parties hereto.

 

21.             
Entire Agreement. This Agreement constitutes the entire agreement among the parties with respect to the subject matter
hereof, and no party will be liable or bound to any other party in any manner by any warranties, representations or covenants except
as specifically set forth herein or therein.

 

22.             
Notices. Unless otherwise provided, any notice required or permitted under this Agreement will be given in writing,
addressed to the parties at the addresses set forth below their signatures hereto or such other address as a party may have designated
in writing to all other parties. All such notices and other written communications will be deemed effectively given upon personal
delivery to the party to be notified (or upon the date of attempted delivery where delivery is refused) or, if sent by facsimile,
upon receipt of appropriate written confirmation of receipt, or, if sent by mail, five (5) days after deposit with the United States
Postal Service, or, if sent by air courier, one (1) day after deposit with a next day air courier, with postage and fees prepaid
and addressed to the party entitled to such notice.

 

[Remainder of Page Intentionally
Left Blank]

 

    	- 5 -

    	 

    

 

IN WITNESS WHEREOF,
the parties hereto have executed this Voting Agreement as of the day and year hereinabove first written.

 

	“Company”	 	 
	 	 	 	 	 
	Aquasition Corp., a Marshall Islands company	 	“Principal Stockholders”
	 	 	 	 	 
	By:	/s/ Matthew Los	 	/s/ Cheung So Wa
	 	Print Name:   	Matthew Los	 	Cheung So Wa, an individual
	 	Its: 	Chief Executive Officer	 	 
	 	 	 	 	 
	 	 	 	 	/s/ Chan Sun Keung
	“Aqua”	 	Chan Sun Keung, an individual
	 	 	 	 	 
	Aquasition Investments Corp, a Marshall Islands company	 	 
	 	 	 	 	 
	By:	/s/ Matthew Los 	 	 
	 	Print Name: 	Matthew Los	 	 
	 	Its: 	Director	 	 

  

[Signature Page to Voting Agreement]Exhibit 4.12

  

FORM OF RESALE LOCK-UP AGREEMENT

 

THIS RESALE LOCK-UP
AGREEMENT (this “Agreement”) is dated as of August 1, 2014, by and between the shareholder(s) set forth on the
signature page to this Agreement (each a “Holder”) and Aquasition Corp., a company organized and existing under
the laws of the Republic of the Marshall Islands, or its successor company (“AQU”). Capitalized terms used and
not otherwise defined herein that are defined in the Share Exchange Agreement (as defined below) will have the meanings given such
terms in the Share Exchange Agreement.

 

BACKGROUND

 

A.          AQU
has entered into that certain Share Exchange Agreement and Plan of Liquidation dated as of March 24, 2014 (the “Share
Exchange Agreement”), between and among AQU, KBS International Holdings, Inc. (“KBS”), Hongri International
Holdings, Ltd. (“Hongri”), and Cheung So Wa and Chan Sun Keung. Pursuant to the Share Exchange Agreement, KBS
will transfer 100% of the issued and outstanding capital stock of Hongri to AQU in exchange for a number of shares of common stock
of AQU to be determined in accordance with the Share Exchange Agreement. Immediately thereafter, KBS will distribute the common
stock of AQU received in the transaction (the “AQU Shares”) to its stockholders and liquidate.

 

B.           Each
Holder is the record and/or beneficial owner of shares of (i) common stock, or securities convertible into or exchangeable for
shares of common stock of AQU, or (ii) shares of common stock of KBS and is therefore entitled to receive AQU Shares in accordance
with the planned distribution and liquidation of KBS (the “Plan of Liquidation”).

 

C.   
       As a condition of, and as a material inducement for AQU to enter into and
consummate the transactions contemplated by the Share Exchange Agreement, Holder has agreed to execute and deliver this
Agreement.

 

AGREEMENT

 

NOW, THEREFORE, for
and in consideration of the mutual covenants and agreements set forth herein, and other good and valuable consideration, the receipt
and sufficiency of which is hereby acknowledged, the parties, intending to be legally bound, agree as follows:

 

1.    
       Holders. The Holders include at least the following: (a) Chan Sun
Keung and Cheung So Wa, the “Principal Stockholders” as defined in the Share Exchange Agreement; (b) Yan Ke Yan
and Stanley Wong, the “Key Personnel” as defined in the Share Exchange Agreement; (c) Leonidas S. Polemis,
Matthew C. Los, Stylianos Stergios Sougioutzoglou, Nicholas John Frangos, and Themistoklis Kalapotharakosthe “Key AQU
Personnel” as defined in the Share Exchange Agreement; and (d) each holder of five percent (5%) or more of the
outstanding stock of AQU who is not included in the foregoing categories, including those persons or entities listed on
Schedule A (the “5% Stockholders”). This Agreement shall be binding on each Holder upon execution by that
Holder.

 

2.            Representations
and Warranties. Each of the parties hereto, by their respective execution and delivery of this Agreement, hereby represents
and warrants to the others and to all third party beneficiaries of this Agreement that (a) such party has the full right, capacity
and authority to enter into, deliver and perform its respective obligations under this Agreement, (b) this Agreement has been
duly executed and delivered by such party and is the binding and enforceable obligation of such party, enforceable against such
party in accordance with the terms of this Agreement, and (c) the execution, delivery and performance of such party’s obligations
under this Agreement will not conflict with or breach the terms of any other agreement, contract, commitment or understanding
to which such party is a party or to which the assets or securities of such party are bound. The Holder has independently evaluated
the merits of its decision to enter into and deliver this Agreement, and such Holder confirms that it has not relied on the advice
of AQU, AQU’s legal counsel, KBS, KBS’s legal counsel, or any other person.

 

    	 

    	 

    

 

3.            Beneficial
Ownership. The Holder hereby represents and warrants that it does not beneficially own, directly or through its nominees (as
determined in accordance with Section 13(d) of the Exchange Act of 1934, as amended (the “Exchange Act”), and the
rules and regulations promulgated thereunder), any shares of capital stock of KBS (“KBS Shares”), any shares of capital
stock of AQU (“AQU Shares”), or any economic interest in or derivative of either, other than those KBS Shares or AQU
Shares specified on the signature page hereto. For purposes of this Agreement, the AQU Shares beneficially owned by such Holder
as specified on the signature hereto, together with any AQU Shares received by Holder pursuant to the Plan of Liquidation and
any AQU Shares acquired during the Lock-Up Period (as defined below), if any, are collectively referred to as the “Lock-up
Shares.”

 

4.            Lock-Up.

 

(a)          During
the Lock-up Period (as defined below), the Holder irrevocably agrees that it will not to offer, sell, contract to sell, pledge
or otherwise dispose of, directly or indirectly, any of the Lock-up Shares (including any securities convertible into, or exchangeable
for, or representing the rights to receive, Lock-up Shares), enter into a transaction that would have the same effect, or enter
into any swap, hedge or other arrangement that transfers, in whole or in part, any of the economic consequences of ownership of
such Lock-up Shares, whether any of these transactions are to be settled by delivery of any such Lock-up Shares, in cash or otherwise,
publicly disclose the intention to make any offer, sale, pledge or disposition, or to enter into any transaction, swap, hedge or
other arrangement, or engage in any Short Sales (as defined below) with respect to any security of AQU.

 

(b)          In
furtherance of the foregoing, AQU will (i) place an irrevocable stop order on all AQU Shares which are Lock-up Shares, including
those which may be covered by a registration statement, and (ii) notify AQU’s transfer agent in writing of the stop order
and the restrictions on such Lock-up Shares under this Agreement and direct AQU’s transfer agent not to process any attempts
by the Holder to resell or transfer any Lock-up Shares, except in compliance with this Agreement.

 

(c)          For
purposes hereof, “Short Sales” include, without limitation, all “short sales” as defined in Rule
200 promulgated under Regulation SHO under the Exchange Act and all types of direct and indirect stock pledges, forward sale contracts,
options, puts, calls, swaps and similar arrangements (including on a total return basis), and sales and other transactions through
non-US broker dealers or foreign regulated brokers.

 

(d)          For
purpose of this agreement, “Lock-up Period” means a period of 180 calendar days from the Closing
Date under the Share Exchange Agreement with regard to all 5% Stockholders, and one year from the Closing Date under the Share
Exchange Agreement for all other Holders.

 

(e)          The
provisions of Section 3(a) hereof will apply equally to shares of common stock of KBS held at any time during the Lock-Up Period
by the Holder, except that nothing herein shall be deemed to interfere with, constrain or prevent the consummation of the Plan
of Liquidation.

 

    	2

    	 

    

 

5.  
         No Additional Fees/Payment. Other than the consideration
specifically referenced herein, the parties hereto agree that no fee, payment or additional consideration in any form has
been or will be paid to the Holder in connection with this Agreement.

 

6.            Notices.
Any notices required or permitted to be sent hereunder shall be delivered personally or by courier service to the following addresses,
or such other address as any party hereto designates by written notice to the other party. Provided, however, a transmission per
telefax or email shall be sufficient and shall be deemed to be properly served when the telefax or email is received if the signed
original notice is received by the recipient within three (3) calendar days thereafter.

 

	 	(a)	If to AQU:

 

AQU Corp.

C/o Seacrest Shipping Co. Ltd.

8-10 Paul Street

London EC2A 4JH, England

Attention: Matthew Los

Email: management@aquasitioncorp.com

 

	 	 	With copies (which shall not constitute notice) to:

 

	 	 	Loeb & Loeb LLP

	 	 	345 Park Aveneue

New York,
NY 10154

Attention:
Giovanni Caruso

Email:
gcaruso@loeb.com

 

	 	 	Pillsbury Winthrop Shaw Pittman, LLP

	 	 	2550 Hanover Street

	 	 	Palo Alto, CA 94304

	 	 	Attn: Thomas M. Shoesmith
	 	 	Email: tom.shoesmith@pillsburylaw.com

 

	 	(b)	If to Holder, to the address set forth on the Holder’s signature page hereto, with a copy, which shall not constitute notice, to:

 

Pillsbury
Winthrop Shaw Pittman, LLP

	 	 	2550 Hanover Street

	 	 	Palo Alto, CA 94304

	 	 	Attn: Thomas M. Shoesmith
	 	 	Email: tom.shoesmith@pillsburylaw.com

  

or
to such other address as any party may have furnished to the others in writing in accordance herewith.

 

7.            Enumeration
and Headings. The enumeration and headings contained in this Agreement are for convenience of reference only and shall not
control or affect the meaning or construction of any of the provisions of this Agreement.

 

8.            Counterparts.
This Agreement may be executed in facsimile and in any number of counterparts, each of which when so executed and delivered shall
be deemed an original, but all of which shall together constitute one and the same agreement.

 

    	3

    	 

    

 

9.            Successors
and Assigns. This Agreement and the terms, covenants, provisions and conditions hereof shall be binding upon, and shall inure
to the benefit of, the respective heirs, successors and assigns of the parties hereto. The Holder hereby acknowledges and agrees
that this Agreement is entered into for the benefit of and is enforceable by AQU and its successors and assigns.

 

10.          Severability.
If any provision of this Agreement is held to be invalid or unenforceable for any reason, such provision will be conformed to
prevailing law rather than voided, if possible, in order to achieve the intent of the parties and, in any event, the remaining
provisions of this Agreement shall remain in full force and effect and shall be binding upon the parties hereto.

 

11.          Amendment.
This Agreement may be amended or modified by written agreement executed by each of the parties hereto.

 

12.          Further
Assurances. Each party shall do and perform, or cause to be done and performed, all such further acts and things, and shall
execute and deliver all such other agreements, certificates, instruments and documents, as any other party may reasonably request
in order to carry out the intent and accomplish the purposes of this Agreement and the consummation of the transactions contemplated
hereby.

 

13.          No
Strict Construction. The language used in this Agreement will be deemed to be the language chosen by the parties to express
their mutual intent, and no rules of strict construction will be applied against any party.

 

14.         Dispute
Resolution. Article X of the Share Exchange Agreement, regarding arbitration of disputes, is incorporated by reference herein
to apply with full force to any disputes arising under this Agreement.

 

15.         Governing
Law. The terms and provisions of this Agreement shall be construed in accordance with the laws of the State of New York.

 

16.         Controlling
Agreement. To the extent the terms of this Agreement (as amended, supplemented, restated or otherwise modified from time to
time) directly conflicts with a provision in the Share Exchange Agreement, the terms of this Agreement shall control.

 

[Signature Page Follows]

 

    	4

    	 

    

 

IN WITNESS WHEREOF,
the parties hereto have caused this Resale Lock-Up Agreement to be duly executed by their respective authorized signatories as
of the date first indicated above.

 

	 	AQUASITION CORP.
	 	 	 
	 	By:	 
	 	Name: 	 
	 	Title:	 

 

    	5

    	 

    

  

IN WITNESS WHEREOF, the parties hereto have caused this
Resale Lock-Up Agreement to be duly executed by their respective authorized signatories as of the date first indicated above.

 

	 	HOLDER
	 	 
	 	By:	 
	 	Name:  Cheung So Wa
	 	 
	 	Address:
	 	 
	 	c/o KBS INTERNATIONAL HOLDINGS, INC.
	 	Xin Fengge Building
	 	Yupu Industrial Park
	 	Shishi City, Fujian Province 362700
	 	CHINA

  

	 	NUMBER OF Lock-up Shares:	 
	 	 	 
	 	_____  shares
    of KBS International Holdings, Inc., or	 
	 	 	 
	 	_____  shares
    of Aquasition Corp.	 

 

    	6

    	 

    

 

IN WITNESS WHEREOF, the parties hereto have
caused this Resale Lock-Up Agreement to be duly executed by their respective authorized signatories as of the date first indicated
above.

 

	 	HOLDER
	 	 
	 	By:	 
	 	Name:   Chan Sun Keung
	 	 
	 	Address:
	 	 
	 	c/o KBS INTERNATIONAL HOLDINGS, INC.
	 	Xin Fengge Building
	 	Yupu Industrial Park
	 	Shishi City, Fujian Province 362700
	 	CHINA

 

	 	NUMBER OF Lock-up Shares:	 
	 	 	 
	 	_____  shares
    of KBS International Holdings, Inc., or	 
	 	 	 
	 	_____  shares
    of Aquasition Corp.	 

  

    	7

    	 

    

  

IN WITNESS WHEREOF, the parties hereto have
caused this Resale Lock-Up Agreement to be duly executed by their respective authorized signatories as of the date first indicated
above.

 

	 	HOLDER
	 	 
	 	By:	 
	 	Name:   Yan Ke-Yan
	 	 
	 	Address:
	 	 
	 	c/o KBS INTERNATIONAL HOLDINGS, INC.
	 	Xin Fengge Building
	 	Yupu Industrial Park
	 	Shishi City, Fujian Province 362700
	 	CHINA

 

	 	NUMBER OF Lock-up Shares:	 
	 	 	 
	 	_____  shares
    of KBS International Holdings, Inc., or	 
	 	 	 
	 	_____  shares
    of Aquasition Corp.	 

  

    	8

    	 

    

 

IN WITNESS WHEREOF, the parties hereto have
caused this Resale Lock-Up Agreement to be duly executed by their respective authorized signatories as of the date first indicated
above.

  

	 	HOLDER
	 	 
	 	By:	 
	 	Name:   Stanley Wong
	 	 
	 	Address:
	 	 
	 	c/o KBS INTERNATIONAL HOLDINGS, INC.
	 	Xin Fengge Building
	 	Yupu Industrial Park
	 	Shishi City, Fujian Province 362700
	 	CHINA

 

	 	NUMBER OF Lock-up Shares:	 
	 	 	 
	 	_____  shares
    of KBS International Holdings, Inc., or	 
	 	 	 
	 	_____  shares
    of Aquasition Corp.	 

  

    	9

    	 

    

 

IN WITNESS WHEREOF, the parties hereto have
caused this Resale Lock-Up Agreement to be duly executed by their respective authorized signatories as of the date first indicated
above.

 

	 	HOLDER
	 	 
	 	By:	 
	 	Name: 
	 	Title:

 

	 	Address:
	 		 
	 		 
	 		 
	 		 

 

	 	NUMBER OF Lock-up Shares:	 
	 	 	 
	 	_____  shares
    of KBS International Holdings, Inc., or	 
	 	 	 
	 	_____  shares
    of Aquasition Corp.	 

   

    	10

    	 

    

 

SCHEDULE A

  

The following persons or entities are included within the definition
of “5% Stockholder” for purposes of this Resale Lock-Up Agreement:

 

Aqua Investments Corp.

Bay Peak, LLC

Cory Roberts

China Canadian Opportunity, L.P.

Ground Floor Capital (China) Inc.

David Steele

 

    	11

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