Exhibit 4.1


 


 


VOTING AGREEMENT


 


This VOTING AGREEMENT (this
 “Agreement”), dated as of [●], 2021, is entered into by and among BuzzFeed, Inc. (formerly known as 890 5th Avenue
Partners, Inc.), a Delaware corporation (the “Company”), 200 Park Avenue Partners, LLC, a Delaware limited liability
company (“Sponsor”), and Jonah Peretti and each of his Permitted Transferees that become party to this Agreement pursuant
to Section 10.2 (each a “Stockholder”, and collectively the “Stockholders”).


 


RECITALS


 


WHEREAS, the Company
entered into that certain Agreement and Plan of Merger, dated as of June 24, 2021 (as may be amended from time to time, the “Merger
Agreement”), with BuzzFeed, Inc., a Delaware corporation (“Legacy BuzzFeed”), Bolt Merger Sub I, Inc., a
Delaware corporation and a direct, wholly owned subsidiary of the Company (“Merger Sub I”), Bolt Merger Sub II, Inc.,
a Delaware corporation and a direct, wholly owned subsidiary of the Company (“Merger Sub II”), pursuant to which, among
other transactions, Merger Sub I is merging with and into Legacy BuzzFeed (the “Merger”) with Legacy BuzzFeed surviving
the Merger as a wholly owned subsidiary of the Company (Legacy BuzzFeed, in its capacity as the surviving company of the Merger, is referred
to as the “Surviving Entity”), in exchange for Legacy BuzzFeed’s stockholders receiving shares of the Company’s
capital stock;


 


WHEREAS, as promptly
as practicable following the Closing, the Surviving Entity will merge with and into Merger Sub II (the “Second Merger”
and, together with the Merger, the “Mergers”) with Merger Sub II surviving the Second Merger as a wholly owned subsidiary
of the Company.


 


WHEREAS, in connection
with the Mergers, the Stockholders have agreed to execute and deliver this Agreement;


 


WHEREAS, as of immediately
following the closing of the Merger (the “Closing”), each of the Stockholders will Beneficially Own (as defined below)
the respective number of shares of Common Stock set forth on Annex A hereto;


 


WHEREAS, the Stockholders
in the aggregate Beneficially Own (as defined below) shares of Common Stock representing more than fifty percent (50%) of the outstanding
voting power of the Company; and


 


WHEREAS, the number
of shares of Common Stock Beneficially Owned by each Stockholder may change from time to time, in accordance with the terms of (x) the
Certificate of Incorporation of the Company, as it may be amended, supplemented and/or restated from time to time (the “Charter”)
and (y) the Bylaws of the Company, as it may be amended and/or restated from time to time (the “Bylaws”), which changes
shall be reported by such Stockholder in accordance with the applicable provisions of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”).


 


NOW, THEREFORE, in
consideration of the foregoing recitals and the mutual promises and covenants hereinafter set forth and for other good and valuable consideration,
and intending to be legally bound hereby, the parties hereto agree to the following:


  


1.             Definitions.
Capitalized terms used herein but not defined in this Agreement shall have the meanings ascribed to them in the Merger Agreement.
In addition to the terms defined elsewhere in this Agreement, the following terms shall have the meanings indicated when used in this
Agreement with initial capital letters:


 


“Affiliate”
shall have the meaning ascribed to such term in Rule 12b-2 of the General Rules and Regulations under the Exchange Act.


 


“Beneficial Ownership”
by a Person of any securities means that such Person is a beneficial owner of such securities in accordance with Rule 13d-3 under the
Exchange Act, including by the exercise or conversion of any security exercisable or convertible for shares of Common Stock (whether such
acquisition may be made within sixty (60) days or a longer period), but excluding shares of stock underlying unexercised options or warrants;
provided, that, for purposes of calculating Beneficial Ownership by a Person, Voting Shares Beneficially Owned by such Person shall
not be double-counted with Voting Shares Beneficially Owned by such Person’s Affiliates and any group in which such Person is a
member. The term “Beneficially Owned” shall have a correlative meaning.


 






    	 	 	 



     


    

 


“Lock-Up Period”
means the period of time described in Section 1.13 of the Eighth Amended and Restated Investors’ Rights Agreement dated June 24,
2021, by and among the Company, Investors and Holders (as defined therein) (the “IRA”).


 


“Necessary Action”
means, with respect to any party and a specified result, all actions (to the extent such actions are not prohibited by applicable law,
within such party’s control and do not directly conflict with any rights expressly granted to such party in this Agreement, the
Merger Agreement, the Charter or the Bylaws of the Company) reasonably necessary and desirable within his, her or its control to cause
such result, including, without limitation (i) calling special meetings of the Board of Directors (the “Board”) and
the stockholders of the Company, (ii) voting or providing a proxy with respect to the Voting Shares (as defined below) Beneficially Owned
by such party, (iii) causing the adoption of stockholders’ resolutions and amendments to the Charter or Bylaws of the Company, including
executing written consents in lieu of meetings, (iv) executing agreements and instruments, and (v) making, or causing to be made, with
governmental, administrative or regulatory authorities, all filings, registrations or similar actions that are required to achieve such
a result.


 


“Permitted Transferees”
shall have the meaning ascribed to such term in the Merger Agreement.


 


“Person”
means an individual, corporation, partnership, limited liability company, joint venture, association, trust, unincorporated organization,
government (or agency or political subdivision thereof) or any other entity.


 


2.             Agreement
to Vote. During the term of this Agreement, each Stockholder shall vote or cause to be voted all securities of the Company that
may be voted in the election of the Company’s directors registered in the name of, or Beneficially Owned by, such Stockholder, from
time to time and at all times, including any and all Voting Shares (as defined below) of the Company acquired and held in such capacity
subsequent to the date hereof, in accordance with the provisions of this Agreement, including, without limitation, voting or causing to
be voted all Voting Shares Beneficially Owned by such Stockholder to elect and/or maintain in office as members of the Board those individuals
designated by the Sponsor pursuant to Section 3 and to otherwise effect the intent of the provisions of this Agreement. Each of
the Stockholders agree not to take, directly or indirectly, any actions (including removing directors in a manner inconsistent with this
Agreement) that would frustrate, obstruct or otherwise affect the provisions of this Agreement and the intention of the parties hereto
with respect to the composition of the Board as herein stated. Except as explicitly provided in this Agreement, each Stockholder is free
to vote or cause to be voted all Voting Shares Beneficially Owned by such Stockholder. For purposes of this Agreement, the term “Voting
Shares” shall mean and include any securities of the Company that the holders of which are entitled to vote for members of the Board,
including without limitation, all shares of Common Stock, by whatever name called, now owned or subsequently acquired by a Stockholder,
however acquired, whether through stock splits, stock dividends, reclassifications, recapitalizations, similar events or otherwise.


 


3.           Board
of Directors.


 


3.1         Size
of the Board. Subject to the terms and conditions of this Agreement, from the date of this Agreement, the Company shall take all Necessary
Action to (i) cause, effective immediately following the Effective Time (as defined in the Merger Agreement), the Board to be comprised
of seven (7) directors and (ii) ensure that the size of the Board remains at seven (7) directors, except as may otherwise be approved
by the Board.


 


3.2         Board
Composition. Subject to the terms and conditions of this Agreement, from the date of this Agreement, the Company and the Stockholders
shall take all Necessary Action to ensure that the following persons shall be elected to the Board:


 


3.2.1        
one (1) director, designated from time to time by the Sponsor (the “Sponsor Designee”), which Sponsor Designee shall
initially be [●]; and


 






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3.2.2        
two (2) directors, designated from time to time by the Sponsor and approved by Jonah Peretti (the “Mutual Designees”),
which Mutual Designees shall initially be [●] and [●].


  


3.3         Resignation;
Removal; Vacancies.


 


3.3.1        
Any director may resign at any time upon written notice to the Board.


 


3.3.2        
(A) the Sponsor shall have the exclusive right to remove the Sponsor Designee from the Board and (B) the Sponsor shall have the exclusive
right, in accordance with Subsection 3.2.1, to designate a director for election to the Board to fill the vacancy created by reason
of death, removal or resignation of the Sponsor Designee, and the Company and the Stockholders shall take all Necessary Action to cause
any such vacancy to be filled by a replacement Sponsor Designee as promptly as reasonably practicable.


 


3.3.3      
  (A) the Sponsor and Jonah Peretti shall have the exclusive right to remove the Mutual Designees from the Board, and the Company
and the Stockholders shall take all Necessary Action to cause the removal of any such Mutual Designee at the written request of the Sponsor
and Jonah Peretti and (B) the Company and Jonah Peretti shall have the exclusive right, in accordance with Subsection 3.2.2, to
designate a director for election to the Board to fill the vacancy created by reason of death, removal or resignation of any Mutual Designee,
and the Company shall take all Necessary Action to cause any such vacancy to be filled by a replacement Mutual Designee as promptly as
reasonably practicable.


 


3.6        Voting.
The Company and each Stockholder agrees not to take, directly or indirectly, any actions (including removing directors in a manner inconsistent
with this Agreement) that would frustrate, obstruct or otherwise affect the provisions of this Agreement and the intention of the parties
hereto with respect to the composition of the Board as herein stated.


 


4.           Representations
and Warranties of each Stockholder. Each Stockholder on its own behalf hereby represents and warrants to the Company, the Sponsor
and the other Stockholders, severally and not jointly, with respect to such Stockholder and such Stockholder’s ownership of his,
her or its Voting Shares set forth on Annex A, as of the date of this Agreement, as follows:


 


4.1          Organization;
Authority. If Stockholder is a legal entity, Stockholder (i) is duly incorporated or organized, validly existing and in good standing
under the laws of the jurisdiction of its incorporation or organization and (ii) has all requisite power and authority to enter into this
Agreement and to perform its obligations hereunder. If Stockholder is a natural person, Stockholder has the legal capacity to enter into
this Agreement and perform his or her obligations hereunder. If Stockholder is a legal entity, this Agreement has been duly authorized,
executed and delivered by Stockholder. This Agreement constitutes a valid and binding obligation of Stockholder enforceable in accordance
with its terms, except as enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws
affecting creditors’ rights generally and by general principles of equity (regardless of whether considered in a proceeding in equity
or at law).


 


4.2         No
Consent. Except as provided in this Agreement, no consent, approval or authorization of, or designation, declaration or filing with,
any Governmental Entity (as defined in the Merger Agreement) or other Person on the part of Stockholder is required in connection with
the execution, delivery and performance of this Agreement, except where the failure to obtain such consents, approvals, authorizations
or to make such designations, declarations or filings would not materially interfere with a Stockholder’s ability to perform his,
her or its obligations pursuant to this Agreement. If Stockholder is a natural person, no consent of such Stockholder’s spouse is
necessary under any “community property” or other laws for the execution and delivery of this Agreement or the performance
of Stockholder’s obligations hereunder. If Stockholder is a trust, no consent of any beneficiary is required for the execution and
delivery of this Agreement or the consummation of the transactions contemplated hereby.


 


4.3         No
Conflicts; Litigation. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated
hereby, nor compliance with the terms hereof, will (A) if such Stockholder is a legal entity, conflict with or violate any provision of
the organizational documents of Stockholder, or (B) violate, conflict with or result in a breach of, or constitute a default (with or
without notice or lapse of time or both) under any provision of, any trust agreement, loan or credit agreement, note, bond, mortgage,
indenture, lease or other agreement, instrument, permit, concession, franchise, license, judgment, order, notice, decree, statute, law,
ordinance, rule or regulation applicable to Stockholder or to Stockholder’s property or assets, except, in the case of clause (B),
that would not reasonably be expected to impair, individually or in the aggregate, Stockholder’s ability to fulfill its obligations
under this Agreement. As of the date of this Agreement, there is no Legal Proceeding (as defined in the Merger Agreement) pending or,
to the knowledge of a Stockholder, threatened, against such Stockholder or any of Stockholder’s Affiliates or any of their respective
assets or properties that would materially interfere with such Stockholder’s ability to perform his, her or its obligations pursuant
to this Agreement or that would reasonably be expected to prevent, enjoin, alter or delay any of the transactions contemplated by this
Agreement.


 






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4.4         Ownership
of Shares. Stockholder Beneficially Owns his, her or its Voting Shares free and clear of all encumbrances, other than as set forth
in the IRA, A&R Registration Rights Agreement (as defined in the Merger Agreement) and this Agreement. Except pursuant to this Agreement,
the Merger Agreement and the A&R Registration Rights Agreement, there are no options, warrants or other rights, agreements, arrangements
or commitments of any character to which Stockholder is a party relating to the pledge, acquisition, disposition, transfer or voting of
Voting Shares and there are no voting trusts or voting agreements with respect to the Voting Shares. Stockholder does not Beneficially
Own (i) any shares of capital stock of the Company other than the Voting Shares set forth on Annex A and (ii) any options, warrants
or other rights to acquire any additional shares of capital stock of the Company or any security exercisable for or convertible into shares
of capital stock of the Company, other than as set forth on Annex A (collectively, “Options”).


 


5.           No
Other Voting Trusts or Other Arrangement. Each Stockholder shall not, and shall not permit any entity under such Stockholder’s
control to (i) deposit any Voting Shares or any interest in any Voting Shares in a voting trust, voting agreement or similar agreement,
(ii) grant any proxies, consent or power of attorney or other authorization or consent with respect to any of the Voting Shares or
(iii) subject any of the Voting Shares to any arrangement with respect to the voting of the Voting Shares, in each case, that conflicts
with or prevents the implementation of this Agreement.


 


6.           Additional
Shares. Each Stockholder agrees that all securities of the Company that may vote in the election of the Company’s directors
that such Stockholder purchases, acquires the right to vote or otherwise acquires Beneficial Ownership of (including by the exercise or
conversion of any security exercisable or convertible for shares of Common Stock) after the execution of this Agreement shall be subject
to the terms of this Agreement and shall constitute Voting Shares for all purposes of this Agreement.


 


7.           No
Agreement as Director or Officer. Stockholder is signing this Agreement solely in his, her or its capacity as a stockholder of
the Company. No Stockholder makes any agreement or understanding in this Agreement in such Stockholder’s capacity as a director
or officer of the Company or any of its Subsidiaries (as defined in the Merger Agreement) (if Stockholder holds such office). Nothing
in this Agreement will limit or affect any actions or omissions taken by a Stockholder in his, her or its capacity as a director or officer
of the Company, and no actions or omissions taken in such Stockholder’s capacity as a director or officer shall be deemed a breach
of this Agreement. Nothing in this Agreement will be construed to prohibit, limit or restrict a Stockholder from exercising his or her
fiduciary duties as an officer or director to the Company or its stockholders.


 


8.           Termination.
This Agreement shall terminate automatically (without any action by any party hereto) on the earlier of the date which is three (3) years
from the date of this Agreement and such time that Sponsor beneficially owns no shares of the Company. Notwithstanding the foregoing,
this Agreement shall terminate automatically (without any action by any party hereto) as to each Stockholder when such Stockholder ceases
to Beneficially Own any Voting Shares.


 


9.         Stock
Splits, Stock Dividends, etc. In the event of any stock split, stock dividend, recapitalization, reorganization or the like, any
securities issued with respect to Voting Shares held by Stockholders shall become Voting Shares for purposes of this Agreement. During
the term of this Agreement, all dividends and distributions payable in cash with respect to the Voting Shares shall be paid, as applicable,
to each of the undersigned Stockholders and all dividends and distributions payable in Common Stock or other equity or securities convertible
into equity with respect to the Voting Shares shall be paid, as applicable, to each of the undersigned Stockholders.


 






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10.         Miscellaneous.


 


10.1        Notices.
Any notice or communication under this Agreement must be in writing and given by (a) deposit in the United States mail, addressed
to the party to be notified, postage prepaid and registered or certified with return receipt requested, (b) delivery in person or
by courier service providing evidence of delivery, or (c) transmission by hand delivery or electronic mail. Each notice or communication
that is mailed, delivered, or transmitted in the manner described above shall be deemed sufficiently given, served, sent, and received,
in the case of mailed notices, on the third business day following the date on which it is mailed and, in the case of notices delivered
by courier service, hand delivery, electronic mail or facsimile, at such time as it is delivered to the addressee (except in the case
of electronic mail, with the delivery receipt or the affidavit of messenger) or at such time as delivery is refused by the addressee upon
presentation. Any notice or communication under this Agreement must be addressed, if to Company, to: BuzzFeed, Inc., 111 E. 18th Street,
13th Floor, New York, New York 10003, Attn: Chief Executive Officer; Chief Legal Officer, if to the Sponsor, to: 200 Park Avenue
Partners, LLC, 14 Elm Place, Suite 206, Rye, New York 10580, Attn: Manager, with a copy to BraunHagey & Borden LLP, 351 California
Street, San Francisco, CA 94104, Attn: Daniel J. Harris and Jason R. Sanderson, and, if to any Stockholder, to the address or email address,
as applicable, of such party set forth on Annex A hereto. Any party may change its address for notice at any time and from time
to time by written notice to the other parties hereto, and such change of address shall become effective thirty (30) days after delivery
of such notice as provided in this Section 10.1.


 


10.2       Assignment;
No Third Party Beneficiaries.


 


10.2.1    Subject
to Section 10.2.3, this Agreement and the rights, duties and obligations of the Company, as the case may be, hereunder may not
be assigned or delegated by the Company, as the case may be, in whole or in part.


 


10.2.2    Prior
to the expiration of the Lock-Up Period applicable to a Stockholder, such Stockholder may not assign or delegate such Stockholder’s
rights, duties or obligations under this Agreement, in whole or in part, in violation of the applicable Lock-Up Period, except in connection
with a transfer of Voting Shares by such Stockholder to a Permitted Transferee but only if such Permitted Transferee agrees to become
bound by the transfer restrictions set forth in this Agreement. Following the expiration of the Lock-Up Period applicable to a Stockholder,
such Stockholder may not transfer Voting Shares to a Permitted Transferee unless it also assigns or delegates to such Permitted Transferees
such Stockholder’s rights, duties and obligations under this Agreement with respect to such transferred Voting Shares.


 


10.2.3    This
Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the parties and its successors and
the permitted assigns of the applicable Stockholders, which shall include Permitted Transferees. In the event that the Sponsor is dissolved
or cancelled, the Sponsor may assign its rights, duties and obligations under this Agreement to its members or any of them in the Sponsor’s
sole and absolute discretion.


 


10.2.4    This
Agreement shall not confer any rights or benefits on any persons that are not parties hereto, other than as expressly set forth in this
Agreement.


 


10.2.5    No
assignment by any party hereto of such party’s rights, duties and obligations hereunder shall be binding upon or obligate the Company,
the Sponsor or the Stockholders unless and until the Company, the Sponsor and the Stockholders shall have received (i) written notice
of such assignment as provided in Section 10.1 hereof and (ii) a counterpart signature page hereto pursuant to which such
assignee shall confirm his, her or its agreement to be subject to and bound by all of the provisions set forth in this Agreement that
were applicable to the assignor of such assignee. Any transfer or assignment made other than as provided in this Section 10.2 shall
be null and void.


 


10.3       Counterparts.
This Agreement may be executed in multiple counterparts, each of which shall be deemed an original, and all of which together shall constitute
the same instrument, but only one of which need be produced. Counterparts may be delivered via facsimile, electronic mail (including pdf
or any electronic signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com) or other transmission
method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes.


 






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10.4       Jurisdiction.
Any proceeding based upon or arising out of or related to this Agreement must be brought in the Court of Chancery of the State of Delaware
(or, to the extent such court does not have subject matter jurisdiction, the Superior Court of the State of Delaware), and each of the
parties irrevocably consents to the exclusive jurisdiction and venue of such courts, agrees that process may be served upon them in any
manner authorized by the laws of the State of Delaware for such Person and waives and covenants not to assert or plead any objection which
they might otherwise have to such manner of service of process.


 


10.5       WAIVER
OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING
OUT OF OR IN CONNECTION WITH THIS AGREEMENT.


 


10.6       Amendments
and Modifications. Any provision of this Agreement may be amended or waived if, but only if, such amendment or waiver is in writing
and is signed by the Company, the Sponsor and the Stockholders holding a majority of the shares of capital stock of the Company held by
the Stockholders; provided, however, that any amendment of Section 3.2 or Section 3.3 in a manner that is
materially adverse to Jonah Peretti shall require the consent of Jonah Peretti. No failure or delay by any party in exercising any right,
power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or
further exercise thereof or the exercise of any other right, power or privilege. The rights and remedies herein provided shall be cumulative
and not exclusive of any rights or remedies provided by law.


 


10.7          
Severability. In the event that any provision of this Agreement shall be invalid, illegal or unenforceable, the validity, legality
and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.


 


10.8          
Specific Enforcement. It is agreed and understood that monetary damages would not adequately compensate an injured party for the
breach of this Agreement by any party hereto and, accordingly, that this Agreement shall be specifically enforceable, in addition to any
other remedy to which such injured party is entitled at law or in equity, and that any breach of this Agreement shall be the proper subject
of a temporary or permanent injunction or restraining order. Further, each party hereto waives any claim or defense that there is an adequate
remedy at law for such breach or threatened breach or an award of specific performance is not an appropriate remedy for any reason at
law or equity and agrees that a party’s rights would be materially and adversely affected if the obligations of the other parties
under this Agreement were not carried out in accordance with the terms and conditions hereof. Each party further agrees that no party
shall be required to obtain, furnish or post any bond or similar instrument in connection with or as a condition to obtain any remedy
referred to in this Section 10.8, and each party irrevocably waives any right it may have to require the obtaining, furnishing
or posting of any such bond or similar instrument.


 


10.9          
Entire Agreement. This Agreement constitutes the full and entire understanding and agreement among the parties, and supersedes
any prior agreement or understanding among the parties, with regard to the subject matter hereof, and no party shall be liable or bound
to any other party in any manner by any warranties, representations or covenants except as specifically set forth herein.


 


[Remainder of Page Intentionally Left Blank;
Signature Pages Follow]


 






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


 


	 	COMPANY:
	 	 
	 	BUZZFEED, INC.
	 	 
	 	 
	 	By:	 
	 	Name: 	 
	 	Title:	 


   


 


	 	SPONSOR:
	 	 
	 	200 PARK AVENUE PARTNERS, LLC
	 	 
	 	 
	 	By:	 
	 	Name: 	 
	 	Title:	 


   


 


	 	STOCKHOLDERS:
	 	 
	 	JONAH PERETTI 
	 	 
	 	 
	 	By:	 
	 	 	 




 


	 	 JONAH PERETTI, LLC
	 	 
	 	 
	 	By:	 
	 	Name: 	 
	 	Title:	 



 


[Signature
Page to Voting Agreement] 


 






    	 	 	 



     


    

 


Annex
A


 


	Stockholder	Shares of Class A Common Stock Beneficially Owned	Shares of Class B Common Stock Beneficially Owned	Shares of Class C Common Stock Beneficially Owned	Options Beneficially Owned
	
    Jonah Peretti

    [●]

    [●]
	[●]	[●]	[●]	[●]
	
    Jonah Peretti, LLC

    [●]

    [●]
	[●]	[●]	[●]	[●]