Document:

Exhibit 10.12

PENN VIRGINIA CORPORATION

AMENDED AND RESTATED

EMPLOYEE CHANGE OF CONTROL SEVERANCE AGREEMENT

This Amended and
Restated Employee Change of Control Severance Agreement (“Agreement”) between Penn Virginia Corporation, a Virginia
corporation (the “Company”), and Michael E. Stamper (“Employee”) is made and entered into effective as
of October 17, 2008 (the “Effective Date”).

WHEREAS,
Employee is a key employee of the Company; and

WHEREAS,
the Company and Employee previously entered into that certain Employee Change of Control Severance Agreement dated February 28,
2006 (the “Prior Agreement”); and

WHEREAS,
the Company and Employee desire to amend and restate the Prior Agreement to comply with section 409A of the Internal Revenue Code,
as amended, and the regulations promulgated thereunder (the “Code”); and

WHEREAS,
the Board of Directors of the Company (the “Board”) has authorized and directed the Company to enter into this Agreement;

THEREFORE,
for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and Employee agree
as follows:

		1.	Term of Agreement.

		A.	The term of this Agreement (the “Term”) shall commence on the Effective Date and shall
continue in effect through the first anniversary of the Effective Date; provided, however, that commencing on the first day following
the Effective Date and on each day thereafter, the Term of this Agreement shall automatically be extended for one additional day
unless the Company shall give written notice to Employee that the Term shall cease to be so extended, in which event this Agreement
shall terminate on the first anniversary of the date such notice is given.

		B.	Notwithstanding anything in this Agreement to the contrary, if a Change of Control occurs during
the Term of this Agreement, the Term shall automatically be extended until, and shall terminate on, the 12-month anniversary of
the date of the Change of Control.

		C.	Termination of this Agreement shall not alter or impair any rights of Employee arising hereunder
on or before such termination.

    	 

    	 

    

 

		2.	Certain Definitions.

		A.	“Affiliate” shall mean, with respect to any Person, any other Person that directly
or indirectly through one or more intermediaries controls, is controlled by or is under common control with, the Person in question.
As used herein, the term “control” means the possession, direct or indirect, of the power to direct or cause the direction
of the management and policies of a Person, whether through ownership of voting securities, by contract or otherwise.

		B.	“Cause” shall mean (i) the willful and continued failure by Employee to substantially
perform Employee’s duties with the Company or any Affiliate (other than any such failure resulting from Employee’s
incapacity due to physical or mental illness), (ii) Employee is convicted of a felony, (iii) Employee willfully engages in gross
misconduct materially and demonstrably injurious to the Company or any Affiliate or (iv) Employee commits one or more significant
acts of dishonesty as regards the Company or any Affiliate. For purposes of clause (i) of this definition, no act, or failure to
act, on Employee’s part shall be deemed “willful” unless done, or omitted to be done, by Employee not in good
faith and without reasonable belief that Employee’s act, or failure to act, was in the best interest of the Company.

		C.	“Change of Control” shall mean the occurrence of any of the following:

		(i)	any Person or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange
Act of 1934, as amended (the “Exchange Act”)), other than a trustee or other fiduciary holding securities under an
employee benefit plan of the Company, becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act),
directly or indirectly, of securities of the Company representing 25% or more of the combined voting power of the Company’s
then outstanding voting securities;

		(ii)	during any period of two consecutive years (not including any period prior to the effective date
of the Prior Agreement), individuals who at the beginning of such period constitute the Board, and any new director (other than
a director designated by a person who has entered into an agreement with the Company to effect a transaction described in clause
(i), (iii) or (v) of this Change of Control definition and excluding any individual whose initial assumption of office occurs as
a result of either (a) an actual or threatened election contest (as such terms are used in Rule 14a-11 of Regulation 14A promulgated
under the Exchange Act) or (b) an actual or threatened solicitation of proxies or consents by or on behalf of a Person other than
the Board) whose election by the Board or nomination for election by the Company’s shareholders was approved by a vote of
at least two-thirds of the directors then still in office who either were directors at the beginning of the period or whose election
or nomination for election was previously so approved, cease for any reason (other than retirement) to constitute at least a majority
thereof;

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		(iii)	the shareholders of the Company approve the consummation of a merger or consolidation of the Company
with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding
immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities
of the surviving entity) at least 75% of the combined voting power of the voting securities of the Company (or such surviving entity
or parent entity, as the case may be) outstanding immediately after such merger or consolidation;

		(iv)	the shareholders of the Company approve a plan of complete liquidation of the Company; or

		(v)	the sale or disposition by the Company of all or substantially all of the assets of the Company,
it being acknowledged for purposes of clarity that the sale or disposition by the Company of all or substantially all of its interest
in PVG GP, LLC, a Delaware limited liability company, Penn Virginia GP Holdings, L.P., a Delaware limited partnership (“PVG”),
Penn Virginia Resource GP, LLC, a Delaware limited liability company, or Penn Virginia Resource Partners, L.P., a Delaware limited
partnership (“PVR”), does not constitute a sale or disposition of all or substantially all of the assets of the Company.

		D.	“Person” shall mean an individual or a corporation, limited liability company,
partnership, joint venture, trust, unincorporated organization, association, government agency or political subdivision thereof
or other entity.

		E.	“Protected Period” shall mean the 12-month period beginning on the effective
date of a Change of Control.

		F.	“Termination Base Salary” shall mean that amount equal to Employee’s annual
base salary with the Company at the rate in effect immediately prior to the Change of Control or, if a greater amount, Employee’s
annual base salary at the rate in effect at any time thereafter.

		3.	Change of Control Severance Benefits.

If the Company
terminates Employee’s employment during the Protected Period other than (i) for Cause or (ii) due to Employee’s inability
to perform the primary duties of his position for at least 180 consecutive days due to a physical or mental impairment, Employee
shall receive the following compensation and benefits from the Company subject to the execution (and non-revocation within eight
days thereafter) and delivery to the Company of a release, substantially in the form attached as Exhibit A hereto, with such changes
as the Company reasonably determines must be made to comply with applicable law at the time of such execution (the “Release”):

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		A.	The Company shall, at the time provided in Section 3E, pay to Employee in a lump sum, in cash,
an amount equal to Employee’s Termination Base Salary.

		B.	Except to the extent any awards related to Company stock, PVG common units or PVR common units
have already vested or become exercisable, as the case may be, under the Company’s Fifth Amended and Restated 1999 Employee
Stock Incentive Plan (the “Plan”), the PVG GP, LLC Amended and Restated Long-Term Incentive Plan (the “PVG LTIP”)
or the Penn Virginia Resource GP, LLC Fourth Amended and Restated Long-Term Incentive Plan (the “PVR LTIP”), or under
any successor or other similar plan, as of the date of Employee’s termination of employment (i) all restricted shares of
Company stock, all restricted PVG units and all restricted PVR units of Employee shall become 100% vested and all restrictions
thereon shall lapse and the Company, PVG and PVR shall promptly deliver to Employee unrestricted shares of Company stock, unrestricted
PVG common units and unrestricted PVR common units, (ii) all Company restricted stock units, all PVG phantom units and all
PVR phantom units of Employee shall become 100% vested and all restrictions thereon shall lapse and the Company, PVG and PVR shall
promptly deliver to Employee cash or unrestricted shares of Company stock, unrestricted PVG common units or unrestricted PVR common
units, as applicable, and (iii) each outstanding Company stock option, PVG unit option and PVR unit option of Employee shall become
100% exercisable and shall, notwithstanding anything stated to the contrary in the Plan, the PVG LTIP, the PVR LTIP, any successor
or other similar plan or any option agreement related thereto, remain exercisable for the remainder of such option’s term
or three years, whichever is less. To the extent payment with respect to any restricted or phantom unit award under clause (i)
or clause (ii) above constitutes a payment event for purposes of section 409A of the Code, payment shall be made at the time specified
hereunder only if the transaction constituting a Change of Control is a “change in control event” within the meaning
given such term under section 409A of the Code and the regulations thereunder. If the transaction constituting a Change of Control
is not a “change in control event” within the meaning given such term under section 409A of the Code and the regulations
thereunder, payment with respect to any restricted or phantom unit award under clause (i) or clause (ii) above shall be made at
such time or times as set forth in the Plan, the PVG LTIP or the PVR LTIP, or any successor or other similar plan or any grant
agreement related thereto.

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		C.	Within one week following the eighth day after the execution (without revocation) of the Release,
the Company shall provide to Employee a release substantially in the form attached hereto as Exhibit B, with such changes as the
Company reasonably determines must be made to comply with applicable law at the time of such execution. If the Company does not
provide the release required pursuant to this subsection C, the Release shall be null, void and without effect, and Employee shall
still receive all of the payments and benefits described in subsections A and B above.

		D.	The Company may withhold from any amounts or benefits payable under this Agreement all such amounts
as it shall be required to withhold pursuant to any applicable law or regulation.

		E.	Payment of the amounts described in subsections A and B above shall be made within 30 days of Employee’s
date of termination (provided that the Release has been executed and has not been revoked) and shall be made by mail to the last
address provided for notices to Employee pursuant to Section 9 of this Agreement. Any payment not timely made by the Company under
this Agreement shall bear interest at 18% per annum or, if less, at the highest nonusurious rate permitted by applicable law.

			This Agreement shall be interpreted to avoid any penalty sanctions under section 409A of the Code.
If any payment or benefit cannot be provided or made at the time specified herein without incurring sanctions under section 409A
of the Code, then such benefit or payment shall be provided in full at the earliest time thereafter when such sanctions will not
be imposed. For purposes of section 409A of the Code, all payments to be made upon a termination of employment under this Agreement
may only be made upon a “separation from service” within the meaning of such term under section 409A of the Code and
each payment under this Agreement shall be treated as a separate payment. All reimbursements and in-kind benefits provided under
this Agreement shall be made or provided in accordance with the requirements of section 409A of the Code, including, where applicable,
the requirement that (i) any reimbursement shall be for expenses incurred during Employee’s lifetime (or during a shorter
period of time specified in this Agreement), (ii) the amount of expenses eligible for reimbursement, or in-kind benefits provided,
during a calendar year may not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other
calendar year, (iii) the reimbursement of an eligible expense will be made on or before the last day of the calendar year following
the year in which the expense is incurred and (iv) the right to reimbursement or in-kind benefits is not subject to liquidation
or exchange for another benefit.

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			Notwithstanding any provision of this Agreement to the contrary, if, at the time of Employee’s
“separation from service” with the Company, the Company has securities which are publicly traded on an established
securities market and Employee is a “specified employee” (as defined in section 409A of the Code) and it is necessary
to postpone the commencement of any compensation payments or benefits otherwise payable pursuant to this Agreement as a result
of such “separation from service” to prevent any accelerated or additional tax under section 409A of the Code, then
the Company will postpone the commencement of the payment of any such compensation payments or benefits hereunder (without any
reduction in such payments or benefits ultimately paid or provided to Employee) that are not otherwise paid within the “short-term
deferral exception” under Treas. Reg. section 1.409A-1(b)(4) and the “separation pay exception” under Treas.
Reg. section 1.409A-1(b)(9)(iii), until the first payroll date that occurs after the date that is six months following Employee’s
“separation from service” with the Company. If any payments are postponed due to such requirements, such amounts will
be paid in a lump sum to Employee on the first payroll date that occurs after the date that is six months following Employee’s
“separation from service” with the Company. If Employee dies during the postponement period prior to the payment of
the postponed amount, the amounts postponed on account of section 409A of the Code shall be paid to the personal representative
of Employee’s estate within 60 days after the date of Employee’s death. In no event shall Employee, directly or indirectly,
designate the calendar year of payment.

		4.	Restrictive Covenants.

		A.	Confidential Information. Employee recognizes and acknowledges that, by reason of his employment
by and service to the Company, he has had and will continue to have access to confidential information of the Company and its Affiliates,
including, without limitation, analyses, interpretations, compilations, reports, reservoir data, geologic and geophysical data,
maps, models, financial data, environmental data, information and knowledge pertaining to products and services offered, plans,
trade secrets, proprietary information, customer lists and relationships among the Company and its Affiliates and distributors,
customers, suppliers and others who have business dealings with the Company and its Affiliates (“Confidential Information”).
Employee acknowledges that such Confidential Information is a valuable and unique asset and covenants that he will not, either
during or after his employment by the Company, disclose any such Confidential Information to any Person for any reason whatsoever
without the prior written consent of the Board, unless such information is in the public domain through no fault of Employee or
except as may be required by law.

		B.	Non-Solicitation. Employee shall not, directly or indirectly, during his employment by the
Company and for a period of two years thereafter, solicit or divert business from, or attempt to convert any account or customer
of the Company or any of its Affiliates, whether existing at the date hereof or acquired during Employee’s employment.

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		5.	Equitable Relief.

		A.	Employee acknowledges that the restrictions contained in Section 4 hereof are reasonable and necessary
to protect the legitimate interests of the Company and its Affiliates, that the Company would not have entered into this Agreement
in the absence of such restrictions and that any violation of any provision of those Sections will result in irreparable injury
to the Company. Employee further represents and acknowledges that (i) he has been advised by the Company to consult his own legal
counsel in respect of this Agreement and (ii) he has had full opportunity, prior to execution of this Agreement, to review thoroughly
this Agreement with his counsel.

		B.	Employee agrees that the Company or any Affiliate shall be entitled to preliminary and permanent
injunctive relief, without the necessity of proving actual damages or posting a bond, as well as to an equitable accounting of
all earnings, profits and other benefits arising from any violation of Section 4 hereof, which rights shall be cumulative and in
addition to any other rights or remedies to which the Company or any Affiliate may be entitled. In the event that any of the provisions
of Section 4 hereof should ever be adjudicated to exceed any limitations permitted by applicable law in any jurisdiction, then
such provisions shall be deemed reformed in such jurisdiction to the maximum limitations permitted by applicable law.

		C.	Employee irrevocably and unconditionally (i) agrees that any suit, action or other legal proceeding
arising out of Section 4 hereof, including without limitation, any action commenced by the Company or any Affiliate for preliminary
and permanent injunctive relief or other equitable relief, may be brought in the United States District Court for the Eastern District
of Pennsylvania, or if such court does not have jurisdiction or will not accept jurisdiction, in any court of general jurisdiction
in Philadelphia, Pennsylvania, (ii) consents to the non-exclusive jurisdiction of any such court in any such suit, action or proceeding
and (iii) waives any objection which Employee may have to the laying of venue of any such suit, action or proceeding in any such
court. Employee also irrevocably and unconditionally consents to the service of any process, pleadings, notices or other papers
in a manner permitted by the notice provisions of Section 9 hereof. In the event of a lawsuit by either party to enforce the provisions
of Section 4 of this Agreement, the prevailing party shall be entitled to recover reasonable costs, expenses and attorneys’
fees from the other party.

		6.	No Mitigation.

Employee shall not be required
to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise nor shall the amount
of any payment or benefit provided for in this Agreement be reduced as the result of employment by another employer or self-employment
or offset against any amount claimed to be owed by Employee to the Company or otherwise, except that Employee shall waive, in
a manner acceptable to the Company in its reasonable judgment, all rights to receive any severance payments or benefits that Employee
is entitled to receive pursuant to any other Company severance plan or program.

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		7.	Successor Agreement.

The Company will require any successor
(whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or
assets of the Company to, and each successor shall, assume expressly in writing prior to the effective date of such succession
and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if
no succession had taken place. Failure of the successor to so assume as provided herein shall constitute a breach of this Agreement
and entitle Employee to the payments and benefits hereunder as if triggered by a termination of Employee by the Company other than
for Cause on the date of such succession.

		8.	Indemnity.

In any situation where under applicable
law the Company has the power to indemnify, advance expenses to and defend Employee in respect of any judgments, fines, settlements,
losses, costs or expenses (including attorneys’ fees) of any nature related to or arising out of Employee’s activities
as an agent, employee, officer or director of the Company or any Affiliate or in any other capacity on behalf of or at the request
of the Company or any Affiliate, then the Company or any Affiliate shall promptly on written request, fully indemnify Employee,
advance expenses (including attorneys’ fees) to Employee and defend Employee to the fullest extent permitted by applicable
law, including but not limited to making such findings and determinations and taking any and all such actions as the Company or
any Affiliate may, under applicable law, be permitted to take so as to effectuate such indemnification, advancement or defense.
Such agreement by the Company shall not be deemed to impair any other obligation of the Company respecting Employee’s indemnification
or defense otherwise arising out of this or any other agreement or promise of the Company under any statute.

		9.	Notices.

All notices and other communications
hereunder shall be in writing and shall be given by hand delivery to the other party or by registered or certified mail, return
receipt requested, postage prepaid, addressed as set forth below or to such other address as either party shall have furnished
to the other in writing in accordance herewith. Notices and communications shall be effective when actually received by the addressee.

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If to the Company:

Three Radnor Corporate Center

Suite 300

100 Matsonford Road

Radnor, Pennsylvania 19087

If to Employee:

The address included in the Company’s
records for purposes of delivering Employee’s Form W-2s.

		10.	Arbitration.

Any dispute about the validity,
interpretation, effect or alleged violation of this Agreement, other than with respect to Section 4 or 5 (an “arbitrable
dispute”), must be submitted to confidential arbitration in Philadelphia, Pennsylvania.
Arbitration shall take place before an experienced employment arbitrator licensed to practice law in such state and selected in
accordance with the Model Employment Arbitration Procedures of the American Arbitration Association. Arbitration shall be the exclusive
remedy of any arbitrable dispute. The Company shall bear all fees, costs and expenses of arbitration, including its own, those
of the arbitrator and those of Employee unless the arbitrator provides otherwise with respect to the fees, costs and expenses of
Employee; in no event shall Employee be chargeable with the fees, costs and expenses of the Company or the arbitrator. The Company
shall advance to Employee all expenses incurred by Employee in connection with an arbitrable dispute and, if the arbitrator determines
that Employee is the losing party in such dispute, Employee shall reimburse such expenses to the Company unless the arbitrator
provides otherwise. Should any party to this Agreement pursue any arbitrable dispute by any method other than arbitration, the
other party shall be entitled to recover from the party initiating the use of such method all damages, costs, expenses and attorneys’
fees incurred as a result of the use of such method. Notwithstanding anything herein to the contrary, nothing in this Agreement
shall purport to waive or in any way limit the right of any party to seek to enforce any judgment or decision on an arbitrable
dispute in a court of competent jurisdiction. Each party hereby irrevocably submits to the exclusive jurisdiction of the state
and federal courts in Philadelphia, Pennsylvania for the purposes of any proceeding arising
out of this Agreement.

		11.	Governing Law.

This Agreement will be governed
by and construed in accordance with the laws of the Commonwealth of Virginia without regard to conflicts of law principles.

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		12.	Entire Agreement.

This Agreement is an integration
of the parties’ agreement and no agreements or representations, oral or otherwise, express or implied, with respect to the
subject matter hereof have been made by either party which are not set forth expressly in this Agreement.

		13.	Severability.

The invalidity or unenforceability
of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which
shall remain in full force and effect.

		14.	Amendment and Waivers.

No provision of this Agreement may
be modified, waived or discharged unless such waiver, modification or discharge is (a) agreed to in writing and signed by Employee
and the Company and (b) approved by the Chairperson of the Company’s Compensation and Benefits Committee. No waiver by either
party hereto at any time of any breach by the other party hereto of, or of compliance with, any condition or provision of this
Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the
same or at any prior or subsequent time.

 

[Signature Page Follows]

 

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IN WITNESS WHEREOF,
the Company and Employee have executed this Agreement effective for all purposes as of the Effective Date.

 

	 	PENN VIRGINIA CORPORATION
	 	 	 	 
	 	 	 	 
	 	By:	/s/ Nancy M. Snyder
	 	 	Name:	Nancy M. Snyder
	 	 	Title:	Executive Vice President and Chief Administrative Officer
	 	 	 	 
	 	 	 	 
	 	EMPLOYEE
	 	 	 	 
	 	 
	 	/s/ Michael E. Stamper
	 	Michael E. Stamper

 

JOINDER:

PVG GP, LLC and
Penn Virginia Resource GP, LLC hereby agree to comply with the provisions of Section 3B hereof.

 

	 	PVG GP, LLC
	 	 	 	 
	 	 	 	 
	 	By:	/s/ Nancy M. Snyder
	 	 	Name:	Nancy M. Snyder
	 	 	Title:	Vice President and Chief Administrative Officer
	 	 	 	 
	 	 	 	 
	 	PENN VIRGINIA RESOURCE GP, LLC
	 	 	 	 
	 	 	 	 
	 	By:	/s/ Nancy M. Snyder
	 	 	Name:	Nancy M. Snyder
	 	 	Title:	Vice President and Chief Administrative Officer

 

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Exhibit A

RELEASE OF EMPLOYER

 

 

 

THIS RELEASE, made and entered into on this
______ day of __________, 20_, by __________________________, of ____________________________ (“Employee”).

 

 

WITNESSETH:

 

 

WHEREAS, Penn Virginia Corporation (hereinafter
“Employer”) currently employs Employee as its ___________________________, but Employee’s employment [will terminate/has
terminated] effective as of _______________, 20__; and

 

WHEREAS, Employer and Employee have entered
into an Employee Change of Control Severance Agreement dated as of _______________, 20__ (the “Severance Agreement”)
in connection with the termination of Employee’s employment;

 

NOW, THEREFORE, for the consideration described
herein, Employee, intending to be legally bound, hereby agrees as follows:

 

1.For
and in consideration of (a) the benefits to be paid to Employee under the Severance Agreement and (b) the Release executed by
Employer pursuant to Section 3.C. of the Severance Agreement (the “Employee Release”),
Employee does hereby REMISE, RELEASE, AND FOREVER DISCHARGE Employer and each of its subsidiaries
and affiliates, and each of their respective officers, directors, shareholders, unitholders, partners, employees and agents and
their respective successors and assigns, heirs, executors and administrators (hereinafter in this paragraph collectively referred
to as “Employer”), acting in any capacity whatsoever, of and from any and all manner of actions and causes of actions,
suits, debts, claims and demands whatsoever in law or in equity, which he ever had, now has, or hereafter may have, or which his
heirs, executors or administrators hereafter may have, by reason of any matter, cause or thing whatsoever from the beginning of
time to the date of this Release including and arising from or relating in any way to his employment relationship or the termination
of that employment relationship with Employer, including but not limited to, any claims which
have been asserted, could have been asserted, or could be asserted now or in the future under any federal, state or local laws,
including any claims under the Age Discrimination in Employment Act (“ADEA”), 29 U.S.C. §621 et seq.,
Title VII of the Civil Rights Act of 1964, 42 U.S.C. §2000e et seq., the Pennsylvania Human Relations Act,
the Employee Retirement Income Security Act of 1974, as amended, any contracts between Employer
and Employee, any common law claims now or hereafter recognized and all claims for counsel fees and costs. Employee expressly
waives all rights afforded by any statute or otherwise which expressly limit the effect of a release with respect to unknown claims.
Employee acknowledges the significance of this release of unknown claims and the waiver of any protection against a release of
unknown claims. Notwithstanding the foregoing, Employee shall be entitled to enforce the terms of the Employee Release and any
employee benefit plan of Employer in which Employee is, on the date of this Release, due a benefit,
and to be indemnified by Employer as to any liability, cost or expense for which Employee would
have been indemnified during employment, in accordance with the bylaws of Employer, for actions
taken on behalf of Employer within the scope of his employment by Employer.

 

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2.Employee
further agrees, covenants and promises that he will not in any way communicate the terms of this Release to any person other than
his immediate family, his attorney and his financial consultant or when necessary to enforce this Release or to advise a third
party of his obligations under this Release. Employee agrees not
to disparage the name, business reputation or business practices of Employer, or any of its
subsidiaries or affiliates, or their respective officers, employees and directors.

 

3.Employee certifies he
has read the terms of this Release and specifically the release in Section 1, that he has the opportunity to discuss this Release
with his attorney, and that he understands the terms and effects of this Release. Employee acknowledges,
further, that he is executing this Release of his own volition, with a full understanding of the terms and effects thereof and
with the intention of releasing all claims recited herein in exchange for the consideration described above, which he acknowledges
is adequate and satisfactory. No representations have been made to Employee concerning the terms or effects of this Release, other
than those contained herein.

 

4.Employee hereby acknowledges that he has the right to
consider this Release and the release in Section 1 for a period of 21 days prior to execution. Employee also understands that he
has the right to revoke this Release for a period of seven days following execution by giving written notice to Penn
Virginia Corporation, Attention: General Counsel, Four Radnor Corporate Center, Suite 200, 100 Matsonford Road, Radnor,
PA  19087, in which event the provisions of this Release shall be null and void, and Employer and Employee shall each
have the rights, duties, obligations and remedies afforded by applicable law.

 

5.Employee further acknowledges and agrees that if he materially
violates any of his obligations or covenants set forth in this Release (and has not cured such violation within 10 days of receiving
written notice of such violation from Employer), he will forfeit all payments made to him under the Severance Agreement and any
and all future payments and benefits thereunder, hereunder and under the Employee Release shall immediately terminate as of the
violation.

 

6.The invalidity or unenforceability of any provision of
this Release shall not affect the validity or enforceability of any other provision of this Release, which shall remain in full
force and effect.

 

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7.This Release shall be interpreted and enforced under the
laws of the Commonwealth of Pennsylvania. This Release shall be binding and shall inure to the benefit of Employer’s permitted
successors and assigns.

 

IN WITNESS WHEREOF, Employee executed this Release
on the day and year first above written.

 

	ATTEST:	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	Witness	 	Employee

 

    	 

    	 

    

 

Exhibit B

RELEASE OF EMPLOYEE

 

THIS
RELEASE, made and entered into on this ______ day of __________, 200_, by PENN VIRGINIA CORPORATION (hereinafter “Employer”),
with its principal office at Four Radnor Corporate Center, Suite 200, 100 Matsonford Road, Radnor, PA 19087.

 

 

WITNESSETH:

 

 

WHEREAS, Employer currently employs ____________________
(“Employee” as its ___________________________, but Employee’s employment [will terminate/has terminated] effective
as of _______________, 200__; and

 

WHEREAS, Employer and Employee have entered
into an Employee Change of Control Severance Agreement dated as of _______________, 200__ (the “Severance Agreement”)
in connection with the termination of Employee’s employment;

 

NOW, THEREFORE, for the consideration described
herein, Employer, intending to be legally bound, hereby agrees as follows:

 

1. In consideration of the Release
executed by Employee pursuant to Section 3 of the Severance Agreement (the “Employer Release”),
but effective only upon such Employer Release becoming irrevocable, Employer, and on behalf of
each of its parent, subsidiaries and affiliates, each of their respective officers, directors shareholders and unitholders, and
their respective successors and assigns, heirs, executors and administrators (hereinafter collectively included within the term
"Employer"), does hereby REMISE, RELEASE, AND FOREVER DISCHARGE Employee, his assigns, heirs, executors and administrators
(hereinafter collectively included within the term "Employee"), acting in any capacity whatsoever, of and from any and
all manner of actions and causes of actions, suits, debts, claims and demands whatsoever in law or in equity, which it ever had,
now has, or hereafter may have, by reason of any matter, cause or thing whatsoever from the beginning of Employee's employment
with Employer to the date of this Release arising from or relating in any way to Employee's employment relationship or the termination
of his employment relationship with Employer, including but not limited to, any claims which have been asserted, could have been
asserted, or could be asserted now or in the future under any federal, state or local laws, any contracts between Employer and
Employee, any common law claims now or hereafter recognized and all claims for counsel fees and costs, but in no event shall this
Release apply to an act of fraud or any action outside the scope of Employee's employment nor to Employer’s enforcement of
the terms of the Employer Release.

 

2.Employer certifies it
has read the terms of this Release and specifically the release in Section 1, that it has the opportunity to discuss this Release
with its attorney, and that it understands the terms and effects of this Release. Employer acknowledges,
further, that it is executing this Release of its own volition, with a full understanding of the terms and effects thereof and
with the intention of releasing all claims recited herein in exchange for the consideration described above, which it acknowledges
is adequate and satisfactory. No representations have been made to Employer concerning the terms or effects of this Release, other
than those contained herein.

 

    	2

    	 

    
 

 

3.The invalidity or unenforceability of any provision of
this Release shall not affect the validity or enforceability of any other provision of this Release, which shall remain in full
force and effect.

 

4.This Release shall be interpreted and enforced under the
laws of the

Commonwealth of Pennsylvania. This Release shall be binding and
shall inure to the benefit of Employer’s permitted successors and assigns.

 

IN WITNESS WHEREOF, Employer executed this Release
on the day and year first above written.

 

	ATTEST:	 	PENN VIRGINIA CORPORATION
	 	 	 	 
	 	 	 	 
	 	 	By:	 
	 	 	 	Name:
	 	 	 	Title:

 

    	3THIS WARRANT AND THE UNDERLYING SHARES OF
COMMON STOCK HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY OTHER
SECURITIES LAWS, HAVE BEEN TAKEN FOR INVESTMENT, AND MAY NOT BE SOLD OR TRANSFERRED OR OFFERED FOR SALE OR TRANSFER UNLESS A REGISTRATION
STATEMENT UNDER THE SECURITIES ACT AND OTHER APPLICABLE SECURITIES LAWS WITH RESPECT TO SUCH SECURITIES IS THEN IN EFFECT, OR IN
THE OPINION OF COUNSEL TO THE ISSUER OF THESE SECURITIES, SUCH REGISTRATION UNDER THE SECURITIES ACT AND OTHER APPLICABLE SECURITIES
LAWS IS NOT REQUIRED.

 

THIS WARRANT AND THE UNDERLYING SHARES OF
COMMON STOCK ARE SUBJECT TO THAT CERTAIN LOCK-UP AGREEMENT, DATED AS OF FEBRUARY 23, 2012, BY AND BETWEEN NORWESTECH, INC. AND
GRANDPARENTS.COM, LLC.

 

	Date: February 23, 2012	 	Warrant No. GP-1

 

WARRANT FOR THE PURCHASE OF SHARES OF

COMMON STOCK OF NORWESTECH, INC.

 

THIS IS TO CERTIFY that,
for value received, Grandparents.com, LLC, its successors and assigns (collectively, the “Holder” or “Holders”),
are entitled to purchase, subject to the terms and conditions hereinafter set forth, a number of shares of NORWESTECH, INC., a
Delaware corporation (the “Company”) common stock, $0.01 par value per share (the “Common Stock”)
equal to the Warrant Share Amount (as defined below), and to receive certificates for the Common Stock so purchased. The exercise
price of this Warrant is one penny ($0.01) per share (the “Exercise Price”). The term “Warrant Share
Amount” shall mean the sum of the Additional Conversion Warrant Amount and the Additional Consideration Warrant Amount.
The term “Additional Conversion Warrant Amount” means an amount equal to (a) the number of shares of Common
Stock issued, from time to time, upon the exercise of the warrants of the Company outstanding as of the date of this Warrant as
set forth on Exhibit A (the “Outstanding Warrants”) (on an aggregated basis), multiplied by (b) sixty-five
percent (65%), provided that in the event of any fractional amounts, the Warrant Share Amount shall be (i) rounded down if the
fractional amount is less than one-half, and (ii) rounded up in the fractional amount is equal to or greater than one-half. The
term “Additional Consideration Warrant Amount” shall mean the additional number of shares that are required
to be added to this Warrant pursuant to Section 2.7 of the Asset Contribution Agreement, dated as of the date hereof, by and between
the Company and Holder. Neither the Company nor Holder shall amend or waive any terms of the Outstanding Warrants.

 

1. Exercise Period.
This Warrant shall become exercisable, if at all, by the Holders beginning upon the date on which the Company amends its Certificate
of Incorporation to increase the authorized number of shares of the Common Stock to an amount equal to at least 150,000,000 shares
and ending at 5:00 p.m., New York, New York time, five (5) years from the date of this Warrant (the “Exercise Period”).
This Warrant will terminate automatically and immediately upon the expiration of the Exercise Period.

 

    	1

    	 

    
 

2. Exercise of Warrant;
Cashless Exercise.

 

(a) Exercise. This
Warrant may be exercised, in whole or in part, at any time and from time to time during the Exercise Period. Such exercise shall
be accomplished by tender to the Company of an amount equal to the Exercise Price multiplied by number of underlying shares
being purchased (the “Purchase Price”), either (a) in cash, by wire transfer or by certified check or bank cashier’s
check, payable to the order of the Company, or (b) by surrendering such number of shares of Common Stock received upon exercise
of this Warrant with an aggregate Fair Market Value (as defined below) equal to the Purchase Price (as described in the following
paragraph (a “Cashless Exercise”), together with presentation and surrender to the Company of this Warrant with
an executed subscription agreement in substantially the form attached hereto as Exhibit B (the “Subscription”).
Upon receipt of the foregoing, the Company will deliver to the Holders, as promptly as possible, a certificate or certificates
representing the shares of Common Stock so purchased, registered in the name of the Holders or its transferee (as permitted under
Section 3 below). With respect to any exercise of this Warrant, the Holders will for all purposes be deemed to have become the
holder of record of the number of shares of Common Stock purchased hereunder on the date the Subscription has been properly executed
and payment of the Purchase Price have both been received by the Company (the “Exercise Date”), irrespective
of the date of delivery of the certificate evidencing such shares of the Common Stock, except that, if the date of such receipt
is a date on which the stock transfer books of the Company are closed, such person will be deemed to have become the holder of
such shares at the close of business on the next succeeding date on which the stock transfer books are open. Fractional shares
of Common Stock will not be issued upon the exercise of this Warrant. In lieu of any fractional shares that would have been issued
but for the immediately preceding sentence, the Holders will be entitled to receive cash equal to the current market price of such
fraction of a share of Common Stock on the trading day immediately preceding the Exercise Date. In the event this Warrant is exercised
in part, the Company shall issue a new Warrant to the Holders covering the aggregate number of shares of Common Stock as to which
this Warrant remains exercisable for.

 

(b) Cashless Exercise.
If the Holders elect to conduct a Cashless Exercise, the Company shall cause to be delivered to the Holder a certificate or certificates
representing the number of shares of Common Stock computed using the following formula:

 

X = Y (A-B)

          A

Where:

	 	X	=	the number of shares of Common Stock to be issued to Holder;
	 	 	 	 
	 	Y	=	the portion of this Warrant (in number of shares of Common Stock) being exercised by Holder (at the date of such calculation);
	 	 	 	 
	 	A	=	the Fair Market Value (as defined below) of one share of Common Stock on the Exercise Date, calculated by taking the average Fair Market Value over the last 10 trading days (not including the Exercise Date); and
	 	 	 	 
	 	B	=	Warrant Price (as adjusted to the date of such calculation).

 

    	2

    	 

    
 

(c) Definition of
Fair Market Value. For purposes of this Warrant, “Fair Market Value” shall mean: (i) if the principal
trading market for such securities is a national securities exchange including The Nasdaq Stock Market or the Over-the-Counter
Bulletin Board (or a similar system then in use), the last reported sales price on the principal market the trading day immediately
prior to such Exercise Date; or (ii) if clause (i) is not applicable, and if bid and ask prices for shares of Common Stock are
reported by the principal trading market or the Pink Sheets, the average of the high bid and low ask prices so reported for the
trading day immediately prior to such Exercise Date. Notwithstanding the foregoing, if there is no last reported sales price or
bid and ask prices, as the case may be, for the day in question, then Fair Market Value shall be determined as of the latest day
prior to such day for which such last reported sales price or bid and ask prices, as the case may be, are available, unless such
securities have not been traded on an exchange or in the over-the-counter market for 30 or more days immediately prior to the day
in question, in which case the Fair Market Price shall be determined in good faith by, and reflected in a formal resolution of,
the board of directors of the Company.

 

3. Recording,
Transferability, Exchange and Obligations to Issue Common Stock.

(a) Registration of
Warrant. The Company shall register this Warrant, upon records to be maintained by the Company for that purpose (the “Warrant
Register”), in the name of the record Holder hereof from time to time. The Company may deem and treat the registered
Holder of this Warrant as the absolute owner hereof for the purpose of any exercise hereof or any distribution to the Holder, and
for all other purposes, absent actual notice to the contrary from the transferee and transferor.

 

(b) Registration of
Transfers. The Company shall register the transfer of any portion of this Warrant in the Warrant Register, upon surrender of
this Warrant, with the Form of Assignment attached hereto as Exhibit C duly completed and signed, to the Company at its
address specified herein. As a condition to the transfer, the Company may request a legal opinion as contemplated by the legend.
Upon any such registration or transfer, a new Warrant to purchase Common Stock, in substantially the form of this Warrant (any
such new Warrant, a “New Warrant”), evidencing the portion of this Warrant so transferred shall be issued to
the transferee and a New Warrant evidencing the remaining portion of this Warrant not so transferred, if any, shall be issued to
the transferring Holder. The acceptance of the New Warrant by the transferee thereof shall be deemed the acceptance by such transferee
of all of the rights and obligations of a holder of a Warrant.

    	3

    	 

    
 

(c) Exchange
of Warrant. This Warrant is exchangeable upon its surrender by the Holders to the Company for new Warrants of like tenor and
date representing in the aggregate the right to purchase the number of shares purchasable hereunder, each of such new Warrants
to represent the right to purchase such number of shares as may be designated by the Holders at the time of such surrender (not
to exceed the aggregate number of shares underlying this Warrant).

 

(d) Obligation to Deliver
Common Stock. The Company’s obligations to issue and deliver Common Stock in accordance with the terms hereof are absolute
and unconditional, irrespective of any action or inaction by the Holder to enforce the same, any waiver or consent with respect
to any provision hereof, the recovery of any judgment against any person or any action to enforce the same, or any setoff, counterclaim,
recoupment, limitation or termination, or any breach or alleged breach by the Holder or any other person of any obligation to the
Company or any violation or alleged violation of law by the Holder or any other person, and irrespective of any other circumstance
which might otherwise limit such obligation of the Company to the Holder in connection with the issuance of Common Stock. Nothing
herein shall limit a Holder’s right to pursue any other remedies available to it hereunder, at law or in equity including,
without limitation, a decree of specific performance and/or injunctive relief with respect to the Company’s failure to timely
deliver certificates representing shares of Common Stock upon exercise of this Warrant as required pursuant to the terms hereof.

 

4. Adjustments
to Exercise Price and Number of Shares Subject to Warrant. The Exercise Price and the number of shares of Common Stock purchasable
upon the exercise of this Warrant are subject to adjustment from time to time upon the occurrence of any of the events specified
in this Section 4. For the purpose of this Section 4, “Common Stock” means shares now or hereafter authorized
of any class of common stock of the Company, however designated, that has the right to participate in any distribution of the assets
or earnings of the Company without limit as to per share amount (excluding, and subject to any prior rights of, any class or series
of preferred stock).

 

(a) In case the Company
shall (i) pay a dividend or make a distribution in shares of Common Stock to holders of shares of Common Stock, (ii) subdivide
its outstanding shares of Common Stock into a greater number of shares, (iii) combine its outstanding shares of Common Stock into
a smaller number of shares, or (iv) issue by reclassification of its shares of Common Stock other securities of the Company, then
the Exercise Price in effect at the time of the record date for such dividend or on the effective date of such subdivision, combination
or reclassification, and/or the number and kind of securities issuable on such date, shall be proportionately adjusted so that
the Holders of this Warrant thereafter exercised shall be entitled to receive the aggregate number and kind of shares of Common
Stock (or such other securities other than Common Stock) of the Company, at the same aggregate Exercise Price, that, if such Warrant
had been exercised immediately prior to such date, the Holders would have owned upon such exercise and been entitled to receive
by virtue of such dividend, distribution, subdivision, combination or reclassification. Such adjustment shall be made successively
whenever any event listed above shall occur.

 

(b) In case the Company
shall fix a record date for the making of a distribution to all holders of Common Stock (including any such distribution made in
connection with a consolidation or merger in which the Company is the surviving corporation) of cash, evidences of indebtedness
or assets, or subscription rights or warrants, the Exercise Price to be in effect after such record date shall be determined by
multiplying the Exercise Price in effect immediately prior to such record date by a fraction, the numerator of which shall
be the Fair Market Value per share of Common Stock on such record date, less the amount of cash so to be distributed or
the Fair Market Value (as determined in good faith by, and reflected in a formal resolution of, the board of directors of the Company)
of the portion of the assets or evidences of indebtedness so to be distributed, or of such subscription rights or warrants, applicable
to one share of Common Stock, and the denominator of which shall be the Fair Market Value per share of Common Stock. Such adjustment
shall be made successively whenever such a record date is fixed; and in the event that such distribution is not so made, the Exercise
Price shall again be adjusted to be the Exercise Price which would then be in effect if such record date had not been fixed.

 

    	4

    	 

    
  

(c) Notwithstanding
any provision herein to the contrary, no adjustment in the Exercise Price shall be required unless such adjustment would require
an increase or decrease of at least 1% in the Exercise Price; provided, however, that any adjustments which by reason of this Section
4(c) are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations
under this Section 4 shall be made to the nearest cent or the nearest one-hundredth of a share, as the case may be.

 

(d) In the event that at
any time, as a result of an adjustment made pursuant to Section 4(a) above, the Holders of any Warrant thereafter exercised shall
become entitled to receive any shares of capital stock of the Company other than shares of Common Stock, thereafter the number
of such other shares so receivable upon exercise of any Warrant shall be subject to adjustment from time to time in a manner and
on terms as nearly equivalent as practicable to the provisions with respect to the shares of Common Stock contained in this Section
4, and the other provisions of this Warrant shall apply on like terms to any such other shares.

 

(e) If, at any time while
this Warrant is outstanding, (i) the Company effects any merger or consolidation of the Company with or into another company, (ii)
the Company effects any sale of all or substantially all of its assets in one or a series of related transactions, (iii) any tender
offer or exchange offer (whether by the Company or another company or person) is completed pursuant to which holders of Common
Stock are permitted to tender or exchange their shares for other securities, cash or property, or (iv) the Company effects any
reclassification of the Common Stock or any compulsory share exchange pursuant to which the Common Stock is effectively converted
into or exchanged for other securities, cash or property (in any such case, a “Fundamental Transaction”), then
the Holder shall have the right thereafter to receive, upon exercise in full of this Warrant, the same amount and kind of securities,
cash or property as it would have been entitled to receive upon the occurrence of such Fundamental Transaction if it had been,
immediately prior to such Fundamental Transaction, the holder of the number of Common Stock then issuable upon exercise in full
of this Warrant (the “Alternate Consideration”). For purposes of any such exercise, the determination
of the Exercise Price shall be appropriately adjusted to apply to such Alternate Consideration based on the amount of Alternate
Consideration issuable in respect of one share of Common Stock in such Fundamental Transaction, and the Company shall apportion
the Exercise Price among the Alternate Consideration in a reasonable manner reflecting the relative value of any different components
of the Alternate Consideration. If holders of Common Stock are given any choice as to the securities, cash or property to be received
in a Fundamental Transaction, then the Holder shall be given the same choice as to the Alternate Consideration it receives upon
any exercise of this Warrant following such Fundamental Transaction. At the Holder’s option and request, any successor to
the Company or surviving entity in such Fundamental Transaction shall issue to the Holder a new warrant substantially in the form
of this Warrant and consistent with the foregoing provisions and evidencing the Holder’s right to purchase the Alternate
Consideration for the aggregate Exercise Price upon exercise thereof. Any such successor or surviving entity shall be deemed to
be required to comply with the provisions of this Section 4(e) and shall insure that this Warrant (or any such replacement security)
will be similarly adjusted upon any subsequent transaction analogous to a Fundamental Transaction.

    	5

    	 

    
 

(f) In case any event shall
occur as to which the other provisions of this Section 4 are not strictly applicable but the failure to make any adjustment would
not fairly protect the purchase rights represented by this Warrant in accordance with the essential intent and principles hereof,
then, in each such case, the Company shall effect such adjustment, on a basis consistent with the essential intent and principles
established in this Section 4, as may be necessary to preserve, without dilution, the purchase rights represented by this Warrant.

 

(g) Upon the occurrence
of each adjustment pursuant to this Section 4, the Company at its expense will promptly compute such adjustment in accordance with
the terms of this Warrant and prepare a certificate setting forth such adjustment, including a statement of the adjusted Exercise
Price and adjusted number or type of Common Stock or other securities issuable upon exercise of this Warrant (as applicable), describing
the transactions giving rise to such adjustments and showing in detail the facts upon which such adjustment is based. Upon written
request, the Company will promptly deliver a copy of each such certificate to the Holder and to the Company’s Transfer Agent.

 

5. Registration Rights.
This Warrant has not been registered under the Securities Act of 1933, as amended (the “Securities Act”). When
exercised, the stock certificates shall bear the following legend unless all of the shares may be publicly sold under Rule 144(b)(1)
of the Securities Act (or successor rule).

 

“The securities represented
by this certificate have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and
may not be offered for sale or sold except pursuant to (i) an effective registration statement under the Securities Act, or (ii)
an opinion of counsel, if such opinion and counsel shall be reasonably satisfactory to counsel to the issuer, that an exemption
from registration under the Securities Act is available.”

 

6. Reservation of Common
Stock. The Company covenants that it will at all times reserve and keep available out of the aggregate of its authorized but
unissued and otherwise unreserved Common Stock, solely for the purpose of enabling it to issue Common Stock upon exercise of this
Warrant as herein provided, the number of shares of Common Stock which are then issuable and deliverable upon the exercise in full
of this Warrant, free from preemptive rights or any other contingent purchase rights of persons other than the Holder (taking into
account the adjustments and restrictions of Section 4). The Company covenants that all Common Stock so issuable and deliverable
shall, upon issuance and the payment of the applicable Exercise Price in accordance with the terms hereof, be duly and validly
authorized, issued and fully paid and nonassessable.

 

    	6

    	 

    
 

7. Replacement of Warrant.
 If this Warrant is mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued in exchange and substitution
for and upon cancellation hereof, or in lieu of and substitution for this Warrant, a New Warrant, but only upon receipt of evidence
reasonably satisfactory to the Company of such loss, theft or destruction and customary and reasonable indemnity (which may include
a surety bond), if requested. Applicants for a New Warrant under such circumstances shall also comply with such other reasonable
regulations and procedures and pay such other reasonable third-party costs as the Company may prescribe. If a New Warrant is requested
as a result of a mutilation of this Warrant, then the Holder shall deliver such mutilated Warrant to the Company as a condition
precedent to the Company's obligation to issue the New Warrant.

 

8. Charges, Taxes and
Expenses. Issuance and delivery of certificates for shares of Common Stock upon exercise of this Warrant shall be made without
charge to the Holder for any issue or transfer tax, withholding tax, transfer agent fee or other incidental tax or expense in respect
of the issuance of such certificates, all of which taxes and expenses shall be paid by the Company; provided, however,
that the Company shall not be required to pay any tax which may be payable in respect of any transfer involved in the registration
of any certificates for Common Stock or Warrants in a name other than that of the Holder. The Holder shall be responsible for all
other tax liability that may arise as a result of holding or transferring this Warrant or receiving Common Stock upon exercise
hereof.

 

9. Notices to Holders.
In the event of (a) any fixing by the Company of a record date with respect to the holders of any class of securities of the Company
for the purpose of determining which of such holders are entitled to dividends or other distributions, or any rights to subscribe
for, purchase or otherwise acquire any shares of capital stock of any class or any other securities or property, or to receive
any other right, (b) any capital reorganization of the Company, or reclassification or recapitalization of the capital stock of
the Company or any transfer of all or substantially all of the assets or business of the Company to, or consolidation or merger
of the Company with or into, any other entity or person, or (c) any voluntary or involuntary dissolution or winding up of the Company,
then and in each such event the Company will give the Holders a written notice specifying, as the case may be (i) the record date
for the purpose of such dividend, distribution, or right, and stating the amount and character of such dividend, distribution,
or right; or (ii) the date on which any such reorganization, reclassification, recapitalization, transfer, consolidation, merger,
conveyance, dissolution, liquidation, or winding up is to take place and the time, if any is to be fixed, as of which the holders
of record of Common Stock (or such capital stock or securities receivable upon the exercise of this Warrant) shall be entitled
to exchange their shares of Common Stock (or such other stock securities) for securities or other property deliverable upon such
event. Any such notice shall be given at least ten (10) days prior to the earliest date therein specified.

 

10. No Rights as a Stockholder.
This Warrant does not entitle the Holders to any voting rights or other rights as a stockholder of the Company, nor to any other
rights whatsoever except the rights herein set forth; provided, however, that the Company shall not close any merger
agreement in which it is not the surviving entity, or sell all or substantially all of its assets unless the Company shall have
first provided the Holders with at least ten (10) days’ prior written notice.

 

    	7

    	 

    
 

11. Additional Covenants
of the Company.

 

(a) If upon issuance of any
shares for which this Warrant is exercisable, the Common Stock is listed for trading or trades on any national securities exchange
including The Nasdaq Stock Market upon the issuance, the Company shall, at its expense, promptly obtain and maintain the listing
or qualifications for trading of such shares.

 

(b) The Company shall comply
with the reporting requirements of Section 13 of the Exchange Act for so long as and to the extent that such requirements apply
to the Company.

 

(c) The Company shall not,
by amendment of its Certificate of Incorporation or through any reorganization, transfer of assets, consolidation, merger, dissolution,
issuance or sale of securities, or any other voluntary action, avoid or seek to avoid the observance or performance of any of the
terms of this Warrant. Without limiting the generality of the foregoing, the Company (i) will at all times reserve and keep available,
solely for issuance and delivery upon exercise of this Warrant, shares of Common Stock issuable from time to time upon exercise
of this Warrant, (ii) will not increase the par value of any shares of Common Stock issuable upon exercise of this Warrant above
the amount payable therefor upon such exercise, and (c) will take all such actions as may be necessary or appropriate in order
that the Company may validly and legally issue fully paid and nonassessable stock.

 

12. Successors and Assigns.
This Warrant shall be binding upon and inure to the benefit of the Company, the Holders and their respective successors and permitted
assigns.

 

13. Severability. 
Every provision of this Warrant is intended to be severable. If any term or provision hereof is illegal or invalid for any reason
whatsoever, such illegality or invalidity shall not affect the remainder of this Warrant.

 

14. Governing Law.
This Warrant shall be governed by and construed in accordance with the laws of the state where the Company is incorporated as of
the time of construction without giving effect to the principles of choice of laws thereof.

 

15. Attorneys’
Fees. In any action or proceeding brought to enforce any provision of this Warrant, the prevailing party shall be entitled
to recover reasonable attorneys’ fees in addition to its costs and expenses and any other available remedies.

 

16. Good Faith.
The Company will at all times act in good faith assist in the carrying out of all terms and obligations set forth in this Warrant,
and in the taking of all such action as may be necessary or appropriate in order to protect the rights of the holder of this Warrant
against such impairment.

 

    	8

    	 

    

 

IN WITNESS WHEREOF, the Company has caused this
Warrant to be executed by its duly authorized officer as of the date first set forth above.

 

	February 23, 2012	NORWESTECH, INC.
	 	 	 
	 	By:  	/s/ Stanley L. Schloz
	 	    	Stanley L. Schloz, President

 

    	9

    	 

    
 

Warrant

Exhibit A

  

Outstanding
Warrants

 

	Issued to:	Date
 Issued	 Number 
 of Shares 	Exercise
  Price	Expiration 
 Date	 Remaining
  Shares
	Russ Warnick (Per APA Agmt.)	28-Aug-2002	            23,424	$0.51	27-Aug-2012	           23,424
	Ellen Rudnick (Per APA Agmt.)	28-Aug-2002	            72,701	$0.51	27-Aug-2012	           72,701
	Peter Ludlum (Per APA Agmt.)	28-Aug-2002	             7,500	$0.51	27-Aug-2012	            7,500
	Sayed Badrawi (Per APA Agmt.)	28-Aug-2002	             5,833	$0.51	27-Aug-2012	            5,833
	Eileen Erickson (Per APA Agmt)	28-Aug-2002	             4,167	$0.51	27-Aug-2012	            4,167
	Mike Murphy (Per APA Agmt.)	28-Aug-2002	             4,000	$0.51	27-Aug-2012	            4,000
	Midtown Partners & Co., LLC	08-Mar-2006	            33,778	$1.60	08-Mar-2013	           33,778
	Bruce Jordan	08-Mar-2006	            11,260	$1.60	08-Mar-2013	           11,260
	Michael Oleyar	08-Mar-2006	             9,007	$1.60	08-Mar-2013	            9,007
	Ariel Imas	08-Mar-2006	             9,007	$1.60	08-Mar-2013	            9,007
	Richard Kreger	08-Mar-2006	          120,101	$1.60	08-Mar-2013	         120,101
	RHK Midtown Partners LLC	08-Mar-2006	            42,035	$1.60	08-Mar-2013	           42,035
	Totals	 	          342,813	 	 	         342,813

 

 

    	 

    	 

    
 

Warrant

Exhibit B

 

SUBSCRIPTION FORM

 

 

The undersigned hereby irrevocably subscribes
for _______ shares of the Common Stock (the “Stock”) of __________________ (the “Company”)
pursuant to and in accordance with the terms and conditions of the attached Warrant No. __ (the “Warrant”),
and hereby makes payment of $_______ therefor by [tendering cash, wire transferring or delivering a certified check or bank cashier’s
check, payable to the order of the Company] [surrendering _______ shares of Common Stock received upon exercise of the Warrant,
which shares have an aggregate fair market value equal to such payment as required in Section 2 of the Warrant]. The undersigned
requests that a certificate for the Stock be issued in the name of the undersigned and be delivered to the undersigned at the address
stated below. If the Stock is not all of the shares purchasable pursuant to the Warrant, the undersigned requests that a new Warrant
of like tenor for the balance of the remaining shares purchasable thereunder be delivered to the undersigned at the address stated
below.

 

In connection with the issuance of the Stock,
I hereby represent to the Company that I am acquiring the Stock for my own account for investment and not with a view to, or for
resale in connection with, a distribution of the shares within the meaning of the Securities Act of 1933, as amended (the “Securities
Act”).

 

I understand that if at this time the Stock
has not been registered under the Securities Act, I must hold such Stock indefinitely unless the Stock is subsequently registered
and qualified under the Securities Act or is exempt from such registration and qualification. I shall make no transfer or disposition
of the Stock unless (a) such transfer or disposition can be made without registration under the Securities Act by reason of a specific
exemption from such registration and such qualification, or (b) a registration statement has been filed pursuant to the Securities
Act and has been declared effective with respect to such disposition. I agree that each certificate representing the Stock delivered
to me shall bear substantially the same as set forth on the front page of the Warrant.

 

I further agree that the Company may place stop
transfer orders with its transfer agent same effect as the above legend. The legend and stop transfer notice referred to above
shall be removed only upon my furnishing to the Company an opinion of counsel (reasonably satisfactory to the Company) to the effect
that such legend may be removed.

 

	Date:_______________________________	
        Signed: _______________________________

        Print Name:____________________________

        Address:______________________________

         

 

    	 

    	 

    
 

Warrant

Exhibit C

ASSIGNMENT

 

For Value Received Grandparents.com, LLC hereby
sells, assigns and transfers to _________________________ the Warrant No. __ attached hereto and the rights represented thereby
to purchase _________ shares of Common Stock in accordance with the terms and conditions hereof, and does hereby irrevocably constitute
and appoint ___________________________ as attorney to transfer such Warrant on the books of the Company with full power of substitution.

 

 

 

 

	Dated:________________________	 	Signed: _____________________________
	Please print or typewrite
 name and address of
 assignor:
 
  	 	Please insert Social Security
 or other Tax Identification
 Number of Assignor:

 

 

	Dated:________________________	 	Signed: _____________________________
	Please print or typewrite
 name and address of
 assignee:
 
	 	Please insert Social Security
 or other Tax Identification
 Number of Assignee:

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