Document:

LOCK-UP AGREEMENT

 

This LOCK-UP
AGREEMENT (this “Agreement”), dated as of February 23, 2012, is made by and between NORWESTECH, INC.,
a Delaware corporation (the “Company”), and JOHN THOMAS FINANCIAL, INC., a a New York corporation
(“JTF”). The Company and JTF are referred to herein individually as a “Party”
and collectively as the “Parties.”

RECITALS:

 

WHEREAS,
the Company and Grandparents.com, LLC, a Florida limited liability company (“Grandparents”), have entered into
that certain Asset Contribution Agreement, dated as of February 23, 2012 (the “Asset Contribution Agreement”),
pursuant to which Grandparents will contribute substantially all of its assets to the Company in exchange for which the Company
will assume certain liabilities of Grandparents and issue to Grandparents (i) one (1) share of Series A Preferred Stock, which
will be convertible into shares of Common Stock in accordance with the terms of the Series A Preferred Stock, and (ii) the GP Warrant
(all as defined in the Asset Contribution Agreement);

WHEREAS,
the Company and BMA Securities, Inc. originally entered into that certain Exclusive Investment Banking Agreement, dated as of December
30, 2011, which such agreement was assigned by BMA Securities, Inc. to JTF pursuant to that certain Assignment of Agreement
dated January 19, 2012 by and among BMA Securities, Inc., JTF and Grandparents (the “Investment Banking Agreement”);

WHEREAS,
pursuant to the Investment Banking Agreement, as partial compensation for its services to Grandparents in connection with the transactions
contemplated by the Asset Contribution Agreement (the “Transaction”), the Company shall issue to JTF warrants
to purchase an aggregate of 6,878,460 shares of Common Stock;

WHEREAS,
as a condition to the closing of the Transaction, JTF will refrain from disposing any of the JTF Shares (as defined below) except
as provided herein; and

WHEREAS,
capitalized terms used and not otherwise defined herein shall have the respective meanings set forth in the Asset Contribution
Agreement.

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

1. Lock-Up Period.
JTF agrees that, for a period of twelve (12) months from the Closing Date (as may be earlier terminated hereunder, the “Lock-Up
Period”), JTF will not (a) sell, offer to sell, contract or agree to sell, hypothecate, pledge, grant any option to purchase,
make any short sale or otherwise dispose of or agree to dispose of, directly or indirectly, any of the JTF Shares, or establish
or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the
Exchange Act and the rules and regulations of the SEC promulgated thereunder with respect to any of the JTF Shares, or (b) enter
into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership
of any of the JTF Shares, whether any such transaction is to be settled by delivery of such securities, in case or otherwise (any
such transaction referred to in this Section 1, whether for consideration or otherwise, being referred to herein as a “Transfer”
and collectively as the “Restricted Actions”). For purposes of this Agreement, “JTF Shares”
means: (x) all shares of the Company’s equity securities owned directly or indirectly by JTF (including holding as a custodian)
or with respect to which JTF has beneficial ownership within the meaning of Section 13(d) of the Exchange Act and the rules and
regulations of the SEC promulgated thereunder; and (y) all options or warrants to purchase equity securities of the Company or
other securities convertible into or exercisable or exchangeable for equity securities of the Company owned directly or indirectly
by JTF (including holding as a custodian) or with respect to which JTF has beneficial ownership within the meaning of Section 13(d)
of the Exchange Act and the rules and regulations of the SEC promulgated thereunder.

    	 

    	 

    
 

2. Dispositions
Not Deemed Restricted Actions.

(a) Section 1
hereof shall not apply to the exercise of options or warrants or the conversion of a security; provided, however, that JTF agrees
that Section 1 hereof shall apply to any securities issued by the Company to JTF upon such an exercise or conversion.

(b)
Notwithstanding Section 1 hereof, JTF may at any time and from time to time during the Lock-Up Period Transfer the
JTF Shares (i) if the undersigned is not a natural person, to its equity holders or any of its Affiliates, (ii) to the
Immediate Family of the undersigned, (iii) to a family trust, foundation or partnership created for the exclusive benefit of
the undersigned, its equity holders or any of their respective Immediate Family, (iv) to a charitable foundation controlled
by the undersigned, its equity holders or their respective Immediate Family as a bona fide gift or gifts, (v) to any trust
for the direct or indirect benefit of the undersigned or any Immediate Family of the undersigned, (vi) in a private
transaction among JTF and the transferee wherein the securities transferred are not sold or otherwise disposed on the market
or exchange in which the Common Stock is listed, (vii) to BMA Securities, Inc., or any employees or consultants of JTF
whether as compensation or otherwise in a private transaction wherein the securities transferred are not sold or otherwise
disposed on the market or exchange in which the Common Stock is listed; or (viii) pursuant to a merger, tender offer or
exchange offer, or other business combination, acquisition of assets or similar transaction or change of control, involving
the Company; provided, however, that in the case of any Transfer described in clause (i)-(vii) of this Section
2(b), the transferee agrees to execute a lock-up agreement in substantially the form of this Agreement with respect to
the remaining term of the Lock-Up Period following such Transfer. For purposes of this Agreement, “Immediate
Family” shall mean any relationship by blood, marriage or adoption, not more remote than first cousin.

3. Termination.
Notwithstanding anything to the contrary contained herein, the Lock-Up Period and this Agreement shall terminate upon the final
closing of an offering of Common Stock or other equity interest of the Company for the account of the Company having a price per
share of at least $2.00 and resulting in at least $25,000,000 in gross proceeds (before underwriters’ discounts and selling
commissions) to the Company.

4. Company and
Transfer Agent. The Company is hereby authorized and required to disclose the existence of this Agreement to its transfer agent.
The Company and its transfer agent are hereby authorized and required to decline to make any transfer of the JTF Shares if such
transfer would constitute a violation or breach of this Agreement. JTF also agrees and consents to the entry of stop transfer instructions
with the Company’s transfer agent and registrar against the transfer of the JTF Shares except in compliance with this Agreement.

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5. Miscellaneous.

(a) Notices.
All notices, demands, consents, requests, instructions and other communications to be given or delivered or permitted under or
by reason of the provisions of this Agreement or in connection with the transactions contemplated hereby shall be in writing and
shall be deemed to be delivered and received by the intended recipient as follows: (i) if personally delivered, on the Business
Day of such delivery (as evidenced by the receipt of the personal delivery service), (ii) if mailed certified or registered mail
return receipt requested, two (2) Business Days after being mailed, (iii) if delivered by overnight courier (with all charges having
been prepaid), on the Business Day of such delivery (as evidenced by the receipt of the overnight courier service of recognized
standing), or (iv) if delivered by facsimile transmission or other electronic means, including email, on the Business Day of such
delivery if sent by 6:00 p.m. in the time zone of the recipient, or if sent after that time, on the next succeeding Business Day.
If any notice, demand, consent, request, instruction or other communication cannot be delivered because of a changed address of
which no notice was given (in accordance with this Section 5(a)), or the refusal to accept same, the notice, demand, consent,
request, instruction or other communication shall be deemed received on the second business day the notice is sent (as evidenced
by a sworn affidavit of the sender). All such notices, demands, consents, requests, instructions and other communications will
be sent to the following addresses or facsimile numbers as applicable:

If to the Company, to:

 

NorWesTech, Inc.

589 Eighth Avenue

New York, NY 10018

Attention: Joseph Bernstein, Co-Chief
Executive Officer

Facsimile No: 847-589-3877

 

With a required copy to:

 

Sills Cummis & Gross P.C.

One Riverfront Plaza

Newark, NJ 07102

Attention: Jeffrey L. Wasserman,
Esq.

Facsimile No.: 973-352-6605

 

If to JTF, to:

 

John Thomas Financial, Inc.

14 Wall Street, 23rd Floor

New York, NY 10005

Attention: Avi Mirman

Fax: 800-598-9945 

 

With a required copy to:

 

Cyruli Shanks Hart & Zizmor,
LLP

420 Lexington Avenue, Suite 2320

New York, NY 10170

Attention: Paul Goodman, Esq.

Facsimile No.: 212-661-5350

 

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(b) Waiver.
The rights and remedies of the Parties are cumulative and not alternative. Neither the failure nor any delay by any Party in exercising
any right, power, or privilege under this Agreement will operate as a waiver of such right, power, or privilege, and no single
or partial exercise of any such right, power, or privilege will preclude any other or further exercise of such right, power, or
privilege or the exercise of any other right, power, or privilege.

(c) Entire Agreement
and Modification. This Agreement supersedes all prior agreements between the Parties with respect to its subject matter and
constitutes a complete and exclusive statement of the terms of the agreement between the Parties with respect to its subject matter.
This Agreement may not be amended except by a written agreement executed by the Party against whom the enforcement of such amendment
is sought.

(d) Assignments,
Successors, and No Third-Party Rights. No Party may assign any of its rights under this Agreement without the prior consent
of the other Parties. Subject to the preceding sentence, this Agreement will apply to, be binding in all respects upon, and inure
to the benefit of and be enforceable by the respective successors and permitted assigns of the Parties. Nothing expressed or referred
to in this Agreement will be construed to give any Person other than the Parties any legal or equitable right, remedy, or claim
under or with respect to this Agreement or any provision of this Agreement.

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

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

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

(h) Counterparts.
This Agreement may be executed in one or more counterparts, each of which will be deemed to be an original copy of this Agreement
and all of which, when taken together, will be deemed to constitute one and the same agreement. In the event that any signature
is delivered by facsimile transmission or by e-mail delivery of a “.pdf” format data file, such signature shall create
a valid and binding obligation of the Party executing (or on whose behalf such signature is executed) with the same force and effect
as if such facsimile or “.pdf” signature page were an original thereof.

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

(j) Governing
Law; Submission to Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State
of Delaware, without regard to conflicts of laws principles. Each of the Parties submits to the jurisdiction of any state or federal
court sitting in the State of Delaware, in any action or proceeding arising out of or relating to this Agreement and agrees that
all claims in respect of the action or proceeding may be heard and determined in any such court. Each of the Parties waives any
defense of inconvenient forum to the maintenance of any action or proceeding so brought and waives any bond, surety, or other security
that might be required of any other Party with respect thereto. Any Party may make service on any other Party by sending or delivering
a copy of the process to the Party to be served. Nothing in this Section 5(l), however, shall affect the right of any Party
to serve legal process in any other manner permitted by law or at equity. Each Party agrees that a final judgment in any action
or proceeding so brought shall be conclusive and may be enforced by suit on the judgment or in any other manner provided by law
or at equity.

[Signatures follow on Next Page]

 

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IN WITNESS WHEREOF,
the undersigned have caused this Agreement to be executed as of the date first above written.

	 	JOHN THOMAS FINANCIAL, INC.
	 	 
	 	By:	/s/ Avi Mirman
	 	 	Name:	Avi Mirman 
	 	 	Title:	Head of Banking

 

	 	 
	 	 
	 	NORWESTECH, INC.
	 	 
	 	By:	/s/ Stanley L. Schloz
	 	 	Name:	Stanley L. Schloz 
	 	 	Title:	PresidentEXECUTIVE EMPLOYMENT AGREEMENT

 

This Executive Employment Agreement (this
“Agreement”) is made and effective this  23rd day of February 2012, by and between NorWesTech, Inc., a Delaware
corporation having its principal office at 589 Eighth Avenue, 6th Floor, New York, NY 10018 (the
“Company”) and Steve Leber, residing at 6181 Hollows Lane, Delray Beach, FL 33484 (the
“Executive”).

NOW, THEREFORE, the parties agree as follows:

		1.	Employment. 

The Company hereby agrees to employ the Executive as Co-CEO
and the Executive hereby accepts such employment in accordance with the terms of this Agreement and the terms of employment applicable
to regular employees of the Company. In the event of any conflict or ambiguity between the terms of this Agreement and terms of
employment applicable to regular employees, the terms of this Agreement shall control.

		2.	Duties of Executive. 

The duties of the Executive shall include the performance
of all of the duties typical of the office(s) or position(s) held by the Executive as described in the bylaws of the Company and
such other duties and projects as may be assigned by the board of directors of the Company (the “Board of Directors”).
The Executive shall devote his full time efforts, ability and attention to the business of the Company and shall perform all duties
in a professional, ethical and businesslike manner. Nothing herein shall preclude the Executive from participating as a member
of a board of directors or an advisory board of any company whose business does not compete with the business of the Company or
with respect to any investment activities.

		3.	Compensation. 

In consideration of the services to be rendered by the Executive
hereunder, the Company shall compensate the Executive as follows:

		A.	Commencing on the date of this Agreement and continuing for a period of one (1) year, the Company shall pay the Executive a
base salary of $225,000 per year, payable in installments according to the Company’s regular payroll schedule.

		B.	On the date of this Agreement, the Executive shall be granted 1,000,000 option shares at the price on the date of issuance.
Said options shall be subject to the Company’s stock option plan.

		4.	Benefits. 

		A.	Holidays. The Executive will be entitled to the same holiday schedule as provided to other officers of the Company as
set forth in the Company’s employment benefits plan, as may be modified from time to time. The Company will notify the Executive
on or about the beginning of each calendar year with respect to the holiday schedule for the coming year.

 

    	 

    	 

    
 

		B.	Vacation. The Executive shall be entitled to four (4) weeks paid vacation days in each calendar year.

		C.	Sick Leave. The Executive shall be entitled to sick leave and emergency leave according to the regular policies and
procedures of the Company. Additional sick leave or emergency leave over and above paid leave provided by the Company, if any,
shall be unpaid and shall be granted at the discretion of the Board of Directors.

		D.	Medical and Group Life Insurance. The Company agrees to include the Executive in the group medical and hospital plan
of the Company and provide group life insurance for the Executive at no charge to the Executive during the term of this Agreement.
However, the Executive shall receive same benefits as other officers of the Company. The Executive shall be responsible for payment
of any federal or state income tax imposed on these benefits.

		E.	Bonus, Incentive, Pension and Profit Sharing Plans. The Executive shall be entitled to participate in any bonus, incentive,
pension or profit sharing plan or other type of additional benefits provided by the Company for the benefit of officers and/or
regular employees.

		F.	Expense Reimbursement. The Executive shall be entitled to reimbursement for all reasonable expenses, including travel
and entertainment, incurred by the Executive in the performance of the Executive’s duties. The Executive will maintain records
and written receipts as required by Company policy.

		5.	Term and Termination

		A.	The term of this Agreement shall commence on the date of this Agreement and terminate on the first anniversary of the date
of this Agreement.

		B.	The Company may terminate the Executive for cause as defined in this paragraph. Cause is defined as: the Executive (i) is in
breach of any material obligation owed to the Company in this Agreement, or (ii) engages in a criminal act or engages in any act
of moral turpitude. The Company may terminate this Agreement for Cause upon five (5) day’s prior written notice to the Executive.
In the event of termination of this Agreement pursuant to this paragraph, the Executive shall be paid only at the then applicable
base salary rate up to and including the date of termination.

		C.	The Executive may terminate this Agreement at the Executive’s discretion by providing at least thirty (30) days prior
written notice to the Company. In the event of termination by the Executive pursuant to this paragraph, the Company may immediately
relieve the Executive of all duties and immediately terminate this Agreement, provided that the Company shall pay the Executive
at the then applicable base salary rate to the termination date included in the Executive’s original termination notice.

		D.	In the event the Company is acquired, or is the non-surviving party in a merger, or sells all or substantially all of its assets,
the Company agrees to pay the Executive two (2) times the then applicable base salary rate less any money to be received from the
surviving entity or buyer.

 

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		E.	In the event the Company terminates the Executive without cause, the Company shall be bound to pay the unpaid salary and vacation
amounts remaining under this Agreement and pay a pro rated amount of any bonus earned as of the date of termination.

		6.	Employee Covenants. 

		A.	Unauthorized Disclosure. The Executive shall not, during the term of this Agreement and thereafter, make any Unauthorized
Disclosure. For purposes of this Agreement, “Unauthorized Disclosure” shall mean disclosure by the Executive without
the prior written consent of the Board of Directors of the Company to any person or entity, other than an employee of the Company
or a person or entity to whom disclosure is reasonably necessary or appropriate in connection with the performance by the Executive
of his duties as an executive officer of the Company, of any confidential information relating to the business or prospects of
the Company including, but not limited to, any confidential information with respect to any of the Company’s customers, products,
methods of distribution, strategies, business and marketing plans and business policies and practices, except (i) to the extent
disclosure is or may be required by law, by a court of law or by any governmental agency or other person or entity with apparent
jurisdiction to require him to divulge, disclose or make available such information or (ii) in confidence to an attorney or
other advisor for the purpose of securing professional advice concerning the Executive’s personal matters provided such attorney
or other advisor agrees to observe these confidentiality provisions. Unauthorized Disclosure shall not include the use or disclosure
by the Executive, without consent, of any information known generally to the public or known within the Company’s trade or
industry (other than as a result of disclosure by him in violation of this paragraph). This confidentiality covenant has no temporal,
geographical or territorial restriction.

		B.	Non-Competition. For a period of one (1) year following termination of this Agreement, for any reason whatsoever, the
Executive shall not, directly or indirectly, without the prior written consent of the Company, own, manage, operate, join, control,
be employed by, consult with or participate in the ownership, management, operation or control of, or be connected with (other
than as a 5% or less stockholder, partner, or beneficial owner) any other competitive business.

		C.	Non-Solicitation. For a period of one year after termination of his employment, the Executive shall not, either directly
or indirectly, alone or in conjunction with another person, interfere with or harm, or attempt to interfere with or harm, the relationship
of the Company, its subsidiaries and/or affiliates, with any person who at any time was an employee, advisor, consultant or agent
of the Company.

		D.	Remedies. The Executive agrees that any breach of the terms of this Section would result in irreparable injury and damage
to the Company for which the Company would have no adequate remedy at law, and further agrees that in the event of said breach
or any threat of breach, the Company shall be entitled to seek an immediate injunction and restraining order to prevent such breach
and/or threatened breach and/or continued breach by the Executive, in addition to any other remedies to which the Company may be
entitled at law or in equity. The Executive and the Company further agree that the provisions of the covenants not to compete and
solicit are reasonable and that the Company would not have entered into this Agreement but for the inclusion of such covenants
herein. Should a court or arbitrator determine, however, that any provision of the covenants is unreasonable, either in period
of time, geographical area, or otherwise, the parties hereto agree that the covenants should be interpreted and enforced to the
maximum extent which such court or arbitrator deems reasonable.

 

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		7.	Notices. 

Any notice required by this Agreement or given in connection
with it shall be deemed to have been given if delivered in writing personally or by certified mail, postage prepaid, or recognized
overnight delivery services to the appropriate party at the address set forth below, or at such other address as each party may
designate in writing to the other:

If to the Company:

Grandparents.com, Inc.

589 Eighth Avenue, 6th Floor

New York, NY 10018

 

with a copy to:

Sills Cummis & Gross P.C.

1 Riverfront Plaza

Newark, New Jersey 07102

Attention: Jeffrey L. Wasserman

 

 

If to the Executive:

Steve Leber

6181 Hollows Lane

Delray Beach, FL 33484

 

 

		8.	Final Agreement; Modifications. 

This Agreement terminates and supersedes all prior understandings
or agreements on the subject matter hereof. This Agreement may be modified only by a further writing that is duly executed by both
parties.

		9.	Governing Law. 

This Agreement shall be construed and enforced in accordance
with the laws of the State of New York.

		10.	Headings. 

Headings used in this Agreement are provided for convenience
only and shall not be used to construe meanings or intent.

		11.	No Assignment. 

Neither this Agreement nor any interest in this Agreement
may be assigned by the Executive without the prior express written approval of the Company, which may be withheld by the Company
at the Company’s absolute discretion.

 

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		12.	Severability. 

If any term of this Agreement is held by a court of competent
jurisdiction to be invalid or unenforceable, then this Agreement, including all of the remaining tents, will remain in full force
and effect as if such invalid or unenforceable term had never been included.

		13.	Arbitration. 

In the event of any controversy or claim between the Company
or any of its affiliates and the Executive arising out of or relating to this Agreement, if either party delivers to the other
party a written demand for arbitration of a controversy or claim, then such claim or controversy shall be submitted to binding
arbitration. The binding arbitration shall be administered by the American Arbitration Association under its Commercial Arbitration
Rules. The arbitration shall take place in New York, NY. Each of the Company and the Executive shall appoint one person to act
as an arbitrator, and a third arbitrator shall be chosen by the first two arbitrators (such three arbitrators, the “Panel”).
The Panel shall have no authority to award punitive damages against the Company or the Executive. The Panel shall have no authority
to add to, alter, amend or refuse to enforce any portion of the disputed agreements. The Company and the Executive each waive any
right to a jury trial or to petition for stay in any action or proceeding of any kind arising out of or relating to this Agreement.

[Signatures follow on next page]

 

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IN WITNESS WHEREOF, the parties have executed this Agreement
as of the first date written.

 

	 	NORWESTECH, INC.	 
	 	 	 	 
	 	By: 	/s/ Joseph Bernstein	 
	 	 	Joseph Bernstein	 
	 	 	Co-Chief Executive Officer	 
	 	 	 	 

  

	 	EXECUTIVE	 
	 	 	 	 
	 	/s/ Steve Leber	 
	 	Steve Leber

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