Exhibit 10.8


 


SUPPORT
SERVICES AGREEMENT


 


This
Support Services Agreement (this “Agreement”), dated as of [●], 2021, is made and entered into by and
between Social Leverage Acquisition Corp I, a Delaware corporation (the “Company”), and Social Leverage Acquisition
Sponsor I LLC, a Delaware limited liability company (the “Service Provider” and, together with the Company,
the “Parties” and, each individually, a “Party”).


 


RECITALS


 


WHEREAS,
the Company intends to consummate an initial public offering of the Company’s securities (the “Public Offering”);


 


WHEREAS,
the Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization
or similar business combination with one or more businesses (a “Business Combination”); and


 


WHEREAS,
the Company wishes to retain the Service Provider to provide certain office space, support and administrative services commencing
on the date the securities of the Company are first listed on the New York Stock Exchange (the “Listing Date”)
and continuing until the earlier of the consummation by the Company of an initial Business Combination and the Company’s
liquidation (in each case, as described in the Registration Statement on Form S-1 (File No. 333-[●]) filed with the Securities
and Exchange Commission related to the Public Offering) (such earlier date hereinafter referred to as the “Termination
Date”).


 


NOW,
THEREFORE, in consideration of the mutual covenants and undertakings contained in this Agreement, the Company and the Service
Provider, intending to be legally bound, agree as follows:


 


ARTICLE
I



SERVICES


 


Section
1.1 Services Generally. Commencing on the Listing Date and continuing until the Termination Date, to the extent reasonably
requested by the Company, the Service Provider shall render to the Company, by and through such of the Service Provider’s
officers, employees, independent contractors, consultants, agents, representatives and affiliates as the Service Provider, in
its sole discretion, may designate from time to time, office space, support and administrative services (collectively, the “Services”),
including research, due diligence, transaction process management and execution, information technology, public and investor relations,
legal, facilities management, back office, vendor management, accounting, book and record keeping, cash management, secretarial
services and other services in connection with identifying and evaluating potential initial Business Combination targets that
the Service Provider may recommend to the Company; provided that the Service Provider shall not provide any investment
advice to the Company.


 






     


     


    

 


Section
1.2 Office Space. Commencing on the Listing Date and continuing until the Termination Date, to the extent reasonably
requested by the Company, the Service Provider shall provide the Company with access to, and use of, the Office Space. For the
purposes of this Agreement, the term “Office Space” shall mean the offices of the Service Provider located at 8390
E. Via de Ventura, Suite F110-207, Scottsdale, Arizona 85258 (or any successor location or other existing office space of the
Service Provider or any of its affiliates).


 


Section
1.3 No Authority to Bind Principal. Notwithstanding any provision to the contrary in this Agreement, the Service Provider
shall not represent to any party that it possesses, and it does not in fact possess, the authority to execute binding contracts
on behalf of the Company with any third party.


 


ARTICLE
II



SERVICE FEE


 


Section
2.1 Support Services Fee.


 


(a) In
consideration of the performance of the Services contemplated by Section 1.1 hereof, the Company agrees to pay the Service
Provider or its designee(s) a monthly fee payable in cash equal to $10,000 (the “Support Services Fee”). The
Support Services Fee shall be payable by the Company monthly in advance on the first business day of each month that occurs following
the Listing Date until the Termination Date, without regard to the amount of the Services actually performed by the Service Provider.
Notwithstanding anything to the contrary, the first monthly installment of the Support Services Fee shall be payable by the Company
in advance on the Listing Date, instead of on the first business day of the first month that occurs following the Listing Date.


 


Section
2.2 Expenses. In addition to the Support Services Fee payable to the Service Provider or its designee(s) pursuant to
Section 2.1 hereof, the Company shall, at the direction of the Service Provider, pay directly, or reimburse the Service
Provider or its designee(s) for, its reasonable Out-of-Pocket Expenses (as defined below). For the purposes of this Agreement,
the term “Out-of-Pocket Expenses” shall mean all out of pocket expenses incurred by the Service Provider or
its respective affiliates in connection with the performance of the Services or providing access to, and use of, the Office Space,
including (i) fees and disbursements of any independent auditors, outside legal counsel, consultants, investment bankers,
financial advisors and other independent professionals and organizations, (ii) costs of any outside services or independent
contractors or vendors, such as financial printers, couriers, business publications or similar services, (iii) transportation
and other travel expenses, per diem, telephone calls, word processing expenses or any similar expense not associated with its
ordinary operations, (iv) other out-of-pocket expenses incurred by the Service Provider to the extent reasonably allocated
to the Company as a result of the Services in a manner consistent with the Service Provider’s generally applicable cost
allocation polices, including purchases through the Service Provider’s vendor networks and relationships for access to research
databases, due diligence services, computer, network and office equipment and third-party communications vendors, and (v) all
other expenses which are properly allocable to the Company under this Agreement, whether incurred on or after the date of this
Agreement. All reimbursements for Out-of-Pocket Expenses shall be made promptly upon or as soon as practicable after presentation
by the Service Provider to the Company of the statement in connection therewith.


 






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Section
2.3 Any payment made pursuant to this Article II shall be paid by wire transfer of immediately available federal funds
to the accounts specified by the Company from time to time.


 


ARTICLE
III



WAIVER


 


Section
3.1 Waiver. Notwithstanding anything herein to the contrary, the Service Provider hereby irrevocably waives any and
all right, title, interest, causes of action and claims of any kind (each, a “Claim”) in or to, and any and
all right to seek payment of any amounts due to it out of, the trust account established for the benefit of the public shareholders
of the Company and into which substantially all of the proceeds of the Public Offering will be deposited (the “Trust
Account”), and hereby irrevocably waives any Claim it may have in the future as a result of, or arising out of, this
Agreement, which Claim would reduce, encumber or otherwise adversely affect the Trust Account or any monies or other assets in
the Trust Account, and further agrees not to seek recourse, reimbursement, payment or satisfaction of any Claim against the Trust
Account or any monies or other assets in the Trust Account for any reason whatsoever.


 


ARTICLE
IV



CONFIDENTIAL INFORMATION


 


Section
4.1 Nondisclosure of Confidential Information. The Service Provider shall treat as confidential all Confidential Information
(as defined below) of the Company, shall not, without the consent of the Company, (i) use such Confidential Information except
as set forth herein or (ii) disclose such Confidential Information other than to the Company or its Related Parties (as defined
below); provided that each such person receiving Confidential Information is bound (on terms no less restrictive than those
set forth in this Section 4.1) to maintain the confidentiality of such Confidential Information; provided, further,
that the foregoing restriction shall not apply to any such information that is required to be disclosed by law or the order or
regulations of any governmental authority or to establish or enforce any rights under this Agreement. Without limiting the foregoing,
the Service Provider shall use at least the same degree of care that it uses to prevent the disclosure of its own confidential
information of like importance to prevent the disclosure of Confidential Information disclosed to it by the Company under this
Agreement. For the purposes of this Agreement, the term “Confidential Information” shall mean all information,
data, agreements, letters, documents, reports and records, which are oral or in writing, containing confidential information concerning
the Company and any of its affiliates or assets which is delivered or made available by the Company or its representatives or
affiliates to the Service Provider after the date hereof; provided that Confidential Information does not include (x) information
which is obtained by the Service Provider after the date hereof from a source other than the Company or its representatives or
affiliates that is not bound by an obligation to keep such information confidential, (y) information which is or becomes
generally available to the public other than as a result of a disclosure in violation of this Agreement, or (z) information developed
independently by the Service Provider without reference to or use of the Confidential Information.


 






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ARTICLE
V



Indemnification; Disclaimer and Limitation of Liability; Opportunities.


 


Section
5.1 Indemnity and Liability. Subject to Section 3.1, the Company shall (i) indemnify, exonerate and hold
the Service Provider and each of its partners, shareholders, members, affiliates, directors, officers, fiduciaries, managers,
controlling persons, employees, independent contractors and agents and each of the partners, shareholders, members, affiliates,
directors, officers, fiduciaries, managers, controlling persons, employees, independent contractors and agents of each of the
foregoing (collectively, the “Related Parties”) free and harmless from and against any and all actions, causes
of action, suits, claims, liabilities, losses, damages and costs and out-of-pocket expenses in connection therewith (including
attorneys’ fees and expenses) incurred by the Related Parties or any of them before or after the date of this Agreement
(collectively, the “Indemnified Liabilities”), arising out of any action, cause of action, suit, arbitration,
investigation or claim arising out of, or in any way relating to, (i) this Agreement, any transaction to which the Company is
a party or any other circumstances with respect to the Company or (ii) the operations of, or the Services or Office Space provided
by the Service Provider to, the Company, or any of its affiliates from time to time; provided, however, that the
foregoing indemnification rights will not be available to the extent that any such Indemnified Liabilities arose on account of
such Indemnitee’s gross negligence or willful misconduct; and provided, further, that if and to the extent
that the foregoing undertaking may be unavailable or unenforceable for any reason, the Company hereby agrees to make the maximum
contribution to the payment and satisfaction of each of the Indemnified Liabilities which is permissible under applicable law.
For purposes of this Section 5.1, none of the circumstances described in the limitations contained in the two provisos
in the immediately preceding sentence will be deemed to apply absent a final non-appealable judgment of a court of competent jurisdiction
to such effect, in which case to the extent any such limitation is so determined to apply to any Indemnitee as to any previously
advanced indemnity payments made by the Company, then such payments will be promptly repaid by such Indemnitee to the Company
without interest. The rights of any Indemnitee to indemnification hereunder will be in addition to any other rights any such person
may have under any other agreement or instrument to which such Indemnitee is or becomes a party or is or otherwise becomes a beneficiary
or under law or regulation.


 


Section
5.2 Disclaimer; Standard of Care. The Service Provider makes no representations or warranties, express or implied, in
respect of the Services. In no event will the Service Provider or its Related Parties be liable to the Company or any of its affiliates
for any act, alleged act, omission or alleged omission that does not constitute gross negligence or willful misconduct by the
Service Provider as determined by a final, non-appealable determination of a court of competent jurisdiction.


 






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ARTICLE
VI



TERMINATION


 


Section
6.1 Termination. This Agreement shall terminate upon the earlier of (a) the Termination Date and (b) the mutual
agreement of the Parties.


 


Section
6.2 The Company’s Right to Terminate for Cause. The Company may terminate its participation in this Agreement
or any part hereof for cause, immediately and without prior written notice, in the event of any of the following by the Service
Provider: (a) a material breach of any provision of this Agreement; (b) a failure to fulfill or perform any duties or obligations
to the Company pursuant to this Agreement; provided that the Service Provider fails to remedy any such failure within thirty
(30) days of its receipt of a written notice from the Company of its intent to terminate this Agreement; or (c) if (i) any proceeding
in bankruptcy, reorganization or arrangement for the appointment of a receiver or trustee to take possession of the Service Provider’s
assets or any other proceeding under any law for relief from creditors shall be instituted by or against the Service Provider
(and such proceeding is not dismissed within sixty (60) days from the filing date); or (ii) if the Service Provider shall make
an assignment for the benefit of its creditors.


 


Section
6.3 The Service Provider’s Right to Terminate for Cause. The Service Provider may terminate its participation
in this Agreement or any part hereof for cause, immediately and without prior written notice, in the event of (a) any of
failure by the Company to pay to the Service Provider any amount due pursuant to this Agreement by the Company if such failure
continues for a period of thirty (30) consecutive days after receipt of written notice of such failure from such Service Provider,
(b) the commencement by the Company of a voluntary case under any applicable bankruptcy, insolvency, reorganization, rehabilitation
or other similar law, or the consent by it to the appointment of or taking possession by a receiver, liquidator, assignee, trustee,
custodian, sequestrator (or other similar official) of the Company or for any substantial part of its property, or the making
by it of any assignment for the benefit of creditors, or (c) the entry of a decree or order for relief by a court having
jurisdiction in the premises in respect of the Company in an involuntary case under any applicable bankruptcy, insolvency or other
similar law, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator or similar official of the Company
or for any substantial part of its property, or ordering the winding-up or liquidation of its affairs, and the continuance of
any such decree or order unstayed and in effect for a period of thirty (30) consecutive days.


 


Section
6.4 Effect of Termination. In the event of a termination of this Agreement, the Company will pay the Service Provider
or its designees all unpaid amounts due pursuant to Article II and Section 5.1 with respect to the periods prior
to the termination of this Agreement. This Section 6.4 and Articles III, IV, V and VII shall
survive any termination of this Agreement.


 






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ARTICLE
VII



MISCELLANEOUS


 


Section
7.1 Independent Contractor Status. This Agreement shall not be construed as creating any agency, partnership, joint
venture, or other similar legal relationship between or among the Parties; nor will any Party hold itself out as an agent, partner,
or joint venture party of another Party. Each Party shall be, and shall act as, independent contractors. No Party shall have authority
to create any obligation for another Party. Further, the Service Provider shall be responsible for: (1) selecting and hiring its
employees legally, including compliance with all applicable laws in connection therewith; (2) paying its employees’ wages
and other benefits that the Service Provider offers to such employees in accordance with applicable laws; (3) paying or withholding
all required payroll taxes and mandated insurance premiums; (4) providing workers’ compensation coverage for employees as
required by law; and (5) fulfilling employer’s obligations with respect to unemployment compensation. The Service Provider
shall indemnify the Company from a claim made by the Service Provider’s employee or agent against the Company alleging rights
or benefits as a Company employee.


 


Section
7.2 Notices. All notices, requests, demands and other communications given hereunder shall be in writing and personally
delivered or mailed by registered or certified mail, postage prepaid, to the address of the Office Space, or to any other address
designated by a Party in accordance with the provisions of this Section 7.2. Each such notice or other communication shall
for all purposes of this Agreement be treated as effective or as having been received when delivered, if delivered by hand or
by messenger (or overnight courier), 24 hours after confirmed receipt if sent by facsimile transmission or at the earlier of its
receipt or on the fifth (5th) day after mailing, if mailed, as aforesaid.


 


Section
7.3 Entire Agreement. This Agreement constitute the entire agreement between and among the Parties hereto with respect
to the transactions contemplated hereby, and supersede all written and verbal negotiations, representations, warranties, commitments,
and other understandings prior to the date hereof between the Service Provider and the Company.


 


Section
7.4 Amendment and Waiver. This Agreement may be amended, and the observance of any clause of this Agreement may be waived,
only with the written consent of all Parties affected thereby. Any waiver by either Party hereto of any provision of this Agreement
shall not be construed as a waiver of any other provision of this Agreement, nor shall such waiver be construed as a waiver of
such provision with respect to any other event or circumstance, whether past, present or future.


 


Section
7.5 Execution in Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original,
but all of which together shall constitute one and the same agreement.


 


Section
7.6 Assignment. The Service Provider hereby acknowledges that the Services to be provided to the Company hereunder are
unique and personal. Accordingly, the Service Provider shall not assign this Agreement or any rights hereunder without the prior
written consent of the Company. Any attempted assignment without such written consent shall be null and void.


 






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Section
7.7 Governing Law; Forum Selection; Waiver of Jury Trial. This Agreement shall be governed by, and construed in accordance
with, the laws of the State of New York. SUBJECT TO SECTION 7.8, EACH OF THE PARTIES HERETO IRREVOCABLY SUBMITS TO THE
EXCLUSIVE JURISDICTION OF ANY STATE COURT IN NEW YORK COUNTY IN THE STATE OF NEW YORK OR ANY U.S. FEDERAL COURT SITTING IN NEW
YORK COUNTY IN NEW YORK STATE IN RESPECT OF ANY AND ALL SUITS, CLAIMS, DISPUTES, CHALLENGES, ACTIONS OR PROCEEDING ARISING OUT
OF OR RELATING TO THIS AGREEMENT, THE RIGHTS OF ANY PARTY HERETO UNDER THIS AGREEMENT, AND THE PERFORMANCE OF THE OBLIGATIONS
IMPOSED BY THIS AGREEMENT (“CLAIMS”), AND IRREVOCABLY ACCEPTS FOR ITSELF AND IN RESPECT OF ITS PROPERTY, GENERALLY
AND UNCONDITIONALLY, THE JURISDICTION OF THE AFORESAID COURTS. SUBJECT TO SECTION 7.8, EACH OF THE PARTIES HERETO IRREVOCABLY
WAIVES, TO THE FULLEST EXTENT IT MAY EFFECTIVELY DO SO UNDER APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO
THE LAYING OF THE VENUE OF ANY SUCH CLAIM BROUGHT IN ANY SUCH COURT AND ANY CLAIM BROUGHT IN ANY SUCH COURT HAS BEEN BROUGHT IN
AN INCONVENIENT FORUM. THE PARTIES WAIVE THE RIGHT TO A TRIAL BY JURY IN ANY DISPUTE OR OTHER CLAIM IN CONNECTION WITH THIS AGREEMENT.


 


Section
7.8 Arbitration.


 


(a) If
any Claim arises, the party making such Claim shall provide a written notice (a “Claim Notice”) to the other
party hereto, specifying the nature of the Claim and thereafter, the parties shall negotiate in good faith to resolve such Claim
expeditiously. If the parties do not resolve the Claim within forty-five (45) days of a Claim Notice, the parties shall endeavor
in good faith to resolve such Claim expeditiously using informal dispute resolution techniques, such as mediation, expert evaluation,
or determination or similar techniques reasonably agreed by the parties. If the parties do not resolve the Claim within ninety
(90) days of a Claim Notice, then the Claim shall be submitted to mandatory, final and binding arbitration administered by JAMS,
Inc. (“JAMS”) pursuant to its Comprehensive Arbitration Rules and Procedures in effect at the time of filing
of the demand for arbitration, subject to the provisions of this Section 7.8, pursuant to the Federal Arbitration Act,
9 U.S.C., Section 1 et seq. The place of arbitration shall be Scottsdale, Arizona.


 


(b) There
shall be three (3) arbitrators, with one arbitrator to be appointed by each party and the third to be appointed by the two (2)
arbitrators so appointed. The arbitrators shall be agreed upon by the parties within twenty (20) days of receipt by the respondent
of a copy of the demand for arbitration. If the parties do not agree upon arbitrators within this time limit, such arbitrators
shall be appointed by JAMS in accordance with the listing, striking and ranking procedure in the Rules, with each party being
given a limited number of strikes, except for cause. Any arbitrator appointed by JAMS shall be a retired judge or a practicing
attorney with no less than twenty years of experience with corporate and limited liability company matters and an experienced
arbitrator. In rendering an award, such arbitrators shall be required to follow the laws of the state of New York.


 


(c) The
arbitration shall be the sole and exclusive forum for resolution of the Claim, and the award shall be in writing, state the reasons
for the award, and be final and binding. Judgment thereon may be entered in any court of competent jurisdiction. The arbitrators
shall not be permitted to award punitive, multiple or other non-compensatory damages. Any costs or fees (including attorneys’
fees and expenses) incident to enforcing the award shall be charged against the party resisting such enforcement. The arbitrators
shall be permitted to, but shall not be required to, award to the prevailing party, if any, the costs and attorneys’ fees
reasonably incurred by the prevailing party in connection with the arbitration.


 


(d) The
parties agree that the arbitration shall be kept confidential and that the existence of the proceeding and any element of it (including
but not limited to any pleadings, briefs or other documents submitted or exchanged, any documents disclosed by one party to another,
testimony or other oral submission and any awards or decisions) shall not be disclosed beyond the arbitrators, JAMS, the parties,
their legal and professional advisors, and any person necessary for the conduct of the arbitration, except as may be required
in judicial proceedings relating to the arbitration, or by law, regulatory or governmental authority.


 






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(e) Barring
extraordinary circumstances (as determined in the sole discretion of the arbitrator), discovery shall be limited to pre-hearing
disclosure of documents that each side will present in support of its case, and, in response to reasonable documents requests,
non-privileged documents in the responding party’s possession or custody, not otherwise readily available to the party seeking
the documents, and reasonably believed to exist, that may be relevant and material to the outcome of disputed issues. There shall
be no depositions.


 


(f) By
agreeing to arbitration, the parties do not intend to deprive any court of its jurisdiction to issue a pre-arbitral injunction,
pre-arbitral attachment, or other order in aid of arbitration proceedings and the enforcement of any award. Without prejudice
to such provisional remedies as may be available under the jurisdiction of a court, the arbitrator shall have full authority to
grant provisional remedies and to direct the parties to request that any court modify or vacate any temporary or preliminary relief
issued by such court, and to award damages for the failure of any party to respect the arbitrator’s orders to that effect.
In any such judicial action: (i) each of the parties irrevocably and unconditionally consents to the exclusive jurisdiction
and venue of the federal or state courts located in New York (the “New York Courts”) for the purpose of any
pre-arbitral injunction, pre-arbitral attachment, or other order in aid of arbitration proceedings, and to the non-exclusive jurisdiction
of such courts for the enforcement of any judgment on any award; (ii) each of the parties irrevocably waives, to the fullest
extent they may effectively do so, any objection, including any objection to the laying of venue or based on the grounds of forum
non conveniens or any right of objection to jurisdiction on account of its place of incorporation or domicile, which it may now
or hereafter have to the bringing of any such action or proceeding in any New York Courts; (iii) each of the parties irrevocably
consents to service of process by first class certified mail, return receipt requested, postage prepaid; and (iv) each of
the parties hereby irrevocably waives any and all right to trial by jury.


 


Section
7.9 Severability. If any provision or provisions of this Agreement shall, for any reason, be deemed unenforceable or
in violation of law, such unenforceability or violation shall not affect the remaining provisions of this Agreement, which shall
continue in full force and effect and be binding upon the Parties hereto. The Parties will use their best efforts to agree upon
any changes in this Agreement which may be necessary in order to adjust its remaining provisions with regard to the omission of
any invalid clause in order to make this Agreement workable.


 


Section
7.10 Section Headings. The headings of the sections, paragraphs, and exhibits herein are for the Parties’ convenient
reference only and shall not define or limit any of the terms or provisions hereof. Exhibits and other documents referred to in
this Agreement are an integral part hereof, unless the context of such reference indicates otherwise.


 


Section
7.11 Damages. NOTWITHSTANDING ANYTHING CONTAINED HEREIN TO THE CONTRARY, IN NO EVENT SHALL ANY PARTY HERETO BE LIABLE
TO ANOTHER FOR PUNITIVE, INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES, INCLUDING LIABILITY FOR LOSS OF USE, LOSS OF PROFITS,
LOSS OF PRODUCT OR BUSINESS INTERRUPTION HOWEVER THE SAME MAY BE CAUSED, INCLUDING FAULT OR NEGLIGENCE OF ANY PARTY.


 


Section
7.12 Construction. The words “hereof,” “herein,” and “hereunder” and words of similar
import when used in this Agreement refer to this Agreement as a whole and not to any particular provision of this Agreement, and
section and subsection references are to this Agreement unless other-wise specified. The words “include” or “including”
when used in this Agreement are deemed to be followed by the words “but not be limited to” or “but not limited
to,” respectively.


 


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IN
WITNESS WHEREOF, the Parties hereto have caused this Support Services Agreement to be signed as of the date set forth below.


 





	 	SOCIAL LEVERAGE ACQUISITION CORP I
	 	 	 	 
	 	By:	 
	 	 	Name:  	 
	 	 	Title:	 
	 	 	 	 
	 	Social Leverage Acquisition Sponsor I LLC
	 	 	 	 
	 	By:	 
	 	 	Name:	Paul Grinberg
	 	 	Title:	Managing Member


 


[Signature Page to Support Services Agreement]