Document:

Exhibit 10.1

 

SUBSCRIPTION AGREEMENT

 

Subscription
Agreement between the Company, and purchaser identified on the signature page to this Agreement (the “Subscriber”),
and is being delivered to the Subscriber in connection with its investment in OriginClear, Inc., a Nevada corporation (the “Company”).
The Company is conducting a private placement (the “Offering”) for an amount of up to $4,000,000 of Units, each
Unit consisting of (i) 100 shares (the “Series K Preferred Shares”) of the Company’s newly created Series K Preferred
Stock, having the rights set forth the Certificate of Designation of Series K Preferred Stock substantially in the form of Exhibit
A hereto (the “Series K Certificate of Designation”), and (ii) such number of shares of newly created Series L Preferred
Stock, substantially in the form of Exhibit B hereto (the “Series L Certificate of Designation”) equal to the number
that, if such Series L Preferred Shares were converted to common stock, the number of shares of common stock issuable upon such
conversion would be equal to the amount determined by dividing $50,000 by the conversion price of the Series L Preferred Stock
based on Section 6(a)(i)(a) under the Series L Certificate of Designation (which is equal to the closing price of the common stock
on the date the Company has banked funds and received and accepted executed subscription documents and the purchase price under
the Subscription Agreement from the investor (the “Series L Preferred Shares”; the Units, the Series K Preferred Shares,
the Series L Preferred Shares and the shares of common stock issuable upon conversion of the Series L Preferred Shares are referred
to collectively herein as the “Securities”) at a purchase price of $100,000 per Unit. For the avoidance of doubt, the
amount of Series K Preferred Shares and Series L Preferred Shares received by Subscriber will be determined on a pro rata basis
with respect to any partial Units purchased.

 

Solely
by way of illustration, in the event a Subscriber hereunder purchases $100,000 of Units, and the closing price of the common stock
on the date the Company has banked funds and received and accepted executed subscription documents and the purchase price from
such Subscriber is $0.001, such Subscriber would receive 100 shares of Series K Preferred Stock and 50 shares of Series L Preferred
Stock.

 

Aggregate
chronological sales of Series K Preferred Shares of $500,000 will each be deemed to be one “Tranche” for purposes of
the Series K Certificate of Designation, provided that, in the event any Tranche is not fully sold within 3 months from the date
of commencement of such Tranche, such Tranche will then be deemed to expire on such date. Shares of Series L Preferred Stock purchased
hereunder may include fractional shares which will be rounded to the nearest one-hundredth of a share.

 

IMPORTANT INVESTOR NOTICES

 

NO OFFERING LITERATURE OR
ADVERTISEMENT IN ANY FORM MAY BE RELIED UPON IN THE OFFERING OF THE UNITS EXCEPT FOR THIS SUBSCRIPTION AGREEMENT AND ANY SUPPLEMENTS
HERETO (THE “AGREEMENT”), AND NO PERSON HAS BEEN AUTHORIZED TO MAKE ANY REPRESENTATIONS EXCEPT THOSE CONTAINED
HEREIN.

 

THIS AGREEMENT IS CONFIDENTIAL
AND THE CONTENTS HEREOF MAY NOT BE REPRODUCED, DISTRIBUTED OR DIVULGED BY OR TO ANY PERSONS OTHER THAN THE RECIPIENT OR ITS REPRESENTATIVE,
ACCOUNTANT OR LEGAL COUNSEL, WITHOUT THE PRIOR WRITTEN CONSENT OF THE COMPANY. EACH PERSON WHO ACCEPTS DELIVERY OF THIS AGREEMENT
ACKNOWLEDGES AND AGREES TO THE FOREGOING RESTRICTIONS.

 

THIS AGREEMENT DOES NOT
PURPORT TO BE ALL-INCLUSIVE OR TO CONTAIN ALL OF THE INFORMATION THAT YOU MAY DESIRE IN EVALUATING THE COMPANY, OR AN INVESTMENT
IN THE OFFERING. THIS AGREEMENT DOES NOT CONTAIN ALL OF THE INFORMATION THAT WOULD NORMALLY APPEAR IN A PROSPECTUS FOR AN OFFERING
REGISTERED UNDER THE SECURITIES ACT. YOU MUST CONDUCT AND RELY ON YOUR OWN EVALUATION OF THE COMPANY AND THE TERMS OF THE OFFERING,
INCLUDING THE MERITS AND RISKS INVOLVED, IN DECIDING WHETHER TO INVEST IN THE OFFERING.

 

THIS AGREEMENT DOES NOT
CONSTITUTE AN OFFER OR SOLICITATION OF AN OFFER TO ANY PERSON OR IN ANY JURISDICTION WHERE SUCH OFFER OR SOLICITATION IS UNLAWFUL
OR NOT AUTHORIZED. EACH PERSON WHO ACCEPTS DELIVERY OF THIS AGREEMENT AGREES TO RETURN IT AND ALL RELATED DOCUMENTS IF SUCH PERSON
DOES NOT PURCHASE ANY OF THE UNITS DESCRIBED HEREIN.

 

    - 1 -

     

    

 

NEITHER THE DELIVERY OF THIS
AGREEMENT AT ANY TIME NOR ANY SALE OF UNITS HEREUNDER SHALL IMPLY THAT INFORMATION CONTAINED HEREIN IS CORRECT AS OF ANY TIME SUBSEQUENT
TO ITS DATE. THE COMPANY WILL EXTEND TO EACH PROSPECTIVE INVESTOR (AND TO ITS REPRESENTATIVE, ACCOUNTANT OR LEGAL COUNSEL, IF ANY)
THE OPPORTUNITY, PRIOR TO ITS PURCHASE OF UNITS, TO ASK QUESTIONS OF AND RECEIVE ANSWERS FROM THE COMPANY CONCERNING THE OFFERING
AND TO OBTAIN ADDITIONAL INFORMATION, TO THE EXTENT THE COMPANY POSSESSES THE SAME OR CAN ACQUIRE IT WITHOUT UNREASONABLE EFFORT
OR EXPENSE, IN ORDER TO VERIFY THE ACCURACY OF THE INFORMATION SET FORTH HEREIN. ALL SUCH ADDITIONAL INFORMATION SHALL ONLY BE
PROVIDED IN WRITING AND IDENTIFIED AS SUCH BY THE COMPANY THROUGH ITS DULY AUTHORIZED OFFICERS AND/OR DIRECTORS ALONE; NO ORAL
INFORMATION OR INFORMATION PROVIDED BY ANY BROKER OR THIRD PARTY MAY BE RELIED UPON.

 

NO REPRESENTATIONS, WARRANTIES
OR ASSURANCES OF ANY KIND ARE MADE OR SHOULD BE INFERRED WITH RESPECT TO THE ECONOMIC RETURN, IF ANY, THAT MAY ACCRUE TO AN INVESTOR
IN THE COMPANY.

 

THIS AGREEMENT CONTAINS FORWARD-LOOKING
STATEMENTS REGARDING THE COMPANY’S PERFORMANCE, STRATEGY, PLANS, OBJECTIVES, EXPECTATIONS, BELIEFS AND INTENTIONS. THE OUTCOME
OF THE EVENTS DESCRIBED IN THESE FORWARD-LOOKING STATEMENTS IS SUBJECT TO SUBSTANTIAL RISKS, AND ACTUAL RESULTS COULD DIFFER MATERIALLY.

 

THE OFFERING PRICE OF THE
UNITS HAS BEEN DETERMINED ARBITRARILY. THE PRICE OF THE UNITS DOES NOT NECESSARILY BEAR ANY RELATIONSHIP TO THE ASSETS, EARNINGS
OR BOOK VALUE OF THE COMPANY, OR TO POTENTIAL ASSETS, EARNINGS, OR BOOK VALUE OF THE COMPANY. THERE IS NO PUBLIC MARKET FOR THE
COMPANY’S SERIES K PREFERRED STOCK OR SERIES L PREFERRED STOCK AND A LIMITED MARKET IN THE COMPANY’S COMMON STOCK AND
THERE CAN BE NO ASSURANCE THAT AN ACTIVE TRADING MARKET IN ANY OF THE COMPANY’S SECURITIES WILL DEVELOP OR BE MAINTAINED.
THE PRICE OF SHARES OF COMMON STOCK QUOTED ON THE OTC MARKETS OR TRADED ON ANY EXCHANGE MAY BE IMPACTED BY A LACK OF LIQUIDITY
OR AVAILABILITY OF SUCH SHARES FOR PUBLIC SALE AND ALSO WILL NOT NECESSARILY BEAR ANY RELATIONSHIP TO THE ASSETS, EARNINGS, BOOK
VALUE OR POTENTIAL PROSPECTS OF THE COMPANY. SUCH PRICES SHOULD NOT BE CONSIDERED ACCURATE INDICATORS OF FUTURE QUOTED OR TRADING
PRICES THAT MAY SUBSEQUENTLY EXIST FOLLOWING THIS OFFERING.

 

THE COMPANY RESERVES THE
RIGHT, IN ITS SOLE DISCRETION, TO REJECT ANY SUBSCRIPTION IN WHOLE OR IN PART FOR ANY REASON OR FOR NO REASON. THE COMPANY IS NOT
OBLIGATED TO NOTIFY RECIPIENTS OF THIS AGREEMENT WHETHER ALL OF THE UNITS OFFERED HEREBY HAVE BEEN SOLD.

 

FOR RESIDENTS OF ALL STATES

 

THIS OFFERING IS BEING MADE
SOLELY TO “ACCREDITED INVESTORS,” AS SUCH TERM IS DEFINED IN RULE 501 OF REGULATION D UNDER THE SECURITIES ACT OF 1933,
AS AMENDED (THE “SECURITIES ACT”). THE SECURITIES OFFERED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OR THE SECURITIES LAWS OF ANY STATE AND WILL BE OFFERED AND SOLD IN RELIANCE UPON THE EXEMPTION FROM REGISTRATION AFFORDED
BY SECTION 4(a)(2) THEREUNDER AND REGULATION D (RULE 506) OF THE SECURITIES ACT AND CORRESPONDING PROVISIONS OF STATE SECURITIES
LAWS.

 

THE SECURITIES OFFERED HEREBY
ARE SUBJECT TO RESTRICTION ON TRANSFERABILITY AND RESALE AND MAY NOT BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER THE SECURITIES
ACT AND APPLICABLE STATE LAWS, PURSUANT TO REGISTRATION OR EXEMPTION THEREFROM. INVESTORS SHOULD BE AWARE THAT THEY WILL BE REQUIRED
TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF TIME.

 

    - 2 -

     

    

 

THE SECURITIES OFFERED HEREBY
HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION (“SEC”), ANY STATE
SECURITIES COMMISSION OR ANY OTHER REGULATORY AUTHORITY, NOR HAVE ANY OF THE FOREGOING AUTHORITIES PASSED UPON OR ENDORSED THE
MERITS OF THIS OFFERING OR THE ACCURACY OR ADEQUACY OF THIS AGREEMENT. ANY REPRESENTATION TO THE CONTRARY IS UNLAWFUL.

 

PROSPECTIVE INVESTORS SHOULD
NOT CONSTRUE THE CONTENTS OF THIS AGREEMENT AS INVESTMENT, LEGAL, BUSINESS, OR TAX ADVICE. EACH INVESTOR SHOULD CONTACT HIS, HER
OR ITS OWN ADVISORS REGARDING THE APPROPRIATENESS OF THIS INVESTMENT AND THE TAX CONSEQUENCES THEREOF, WHICH MAY DIFFER DEPENDING
ON AN INVESTOR’S PARTICULAR FINANCIAL SITUATION. IN NO EVENT SHOULD THIS AGREEMENT BE DEEMED OR CONSIDERED TO BE TAX ADVICE
PROVIDED BY THE COMPANY.

 

FOR FLORIDA RESIDENTS ONLY

 

THE SECURITIES REFERRED TO
HEREIN WILL BE SOLD TO, AND ACQUIRED BY, THE HOLDER IN A TRANSACTION EXEMPT UNDER § 517.061 OF THE FLORIDA SECURITIES ACT.
THE SECURITIES HAVE NOT BEEN REGISTERED UNDER SAID ACT IN THE STATE OF FLORIDA. IN ADDITION, ALL FLORIDA RESIDENTS SHALL HAVE THE
PRIVILEGE OF VOIDING THE PURCHASE WITHIN THREE (3) DAYS AFTER THE FIRST TENDER OF CONSIDERATION IS MADE BY SUCH SUBSCRIBER TO THE
COMPANY, AN AGENT OF THE COMPANY, OR WITHIN THREE DAYS AFTER THE AVAILABILITY OF THAT PRIVILEGE IS COMMUNICATED TO SUCH SUBSCRIBER,
WHICHEVER OCCURS LATER.

 

		1.	SUBSCRIPTION AND PURCHASE PRICE

 

(a) 
Subscription. Subject to the conditions set forth in Section 2 hereof, the Subscriber hereby subscribes for and agrees
to purchase the number of Units indicated on the Subscriber’s signature pages hereof on the terms and conditions described
herein.

 

(b) 
Purchase of Units. The Subscriber understands and acknowledges that the Purchase Price to be remitted to the Company
in exchange for the Units shall be set at $100,000 per Unit, for an aggregate purchase price as set forth on page 11 hereof (the
“Aggregate Purchase Price”). The Subscriber shall concurrently with delivery of this Agreement to the Company
pay the Purchase Price for the Units subscribed for hereunder, payable in United States Dollars, by wire transfer of immediately
available funds to the Company in accordance with the wire instructions provided on Annex A, or by remitting a check using
the Company’s Federal Express account and address which are also provided on
Annex A. The Subscriber understands and agrees that, subject to Section 2 and applicable laws, by executing this Agreement,
it is entering into a binding agreement.

 

		2.	ACCEPTANCE, OFFERING TERM AND CLOSING PROCEDURES

 

(a) 
Acceptance or Rejection. Subject to full, faithful and punctual performance and discharge by the Company of all of
its duties, obligations and responsibilities as set forth in this Agreement and any other agreement entered into between the Subscriber
and the Company relating to this subscription (collectively, the “Transaction Documents”), the Subscriber shall
be legally bound to purchase the Units pursuant to the terms and conditions set forth in this Agreement. For the avoidance of doubt,
upon the occurrence of the failure by the Company to fully, faithfully and punctually perform and discharge any of its duties,
obligations and responsibilities as set forth in any of the Transaction Documents, which shall have been performed or otherwise
discharged prior to the Closing, the Subscriber may, on or prior to the Closing (as defined below), at its sole and absolute discretion,
elect not to purchase the Units and provide instructions to the Company to receive the full and immediate refund of the Aggregate
Purchase Price. The Subscriber understands and agrees that the Company reserves the right to reject this subscription for Units
in whole or part in any order at any time prior to the Closing for any reason or for no reason, notwithstanding the Subscriber’s
prior receipt of notice of acceptance of the Subscriber’s subscription. In the event the Closing does not take place because
of (i) the rejection of subscription for Units by the Company; or (ii) the election not to purchase the Units by the Subscriber;
or (iii) a Tranche expires prior to any closings taking place under such Tranche (provided, that, the Company may in its sole discretion
continue the offering and include any subsequent Subscribers in a subsequent Tranche, subject to the maximum amount of $4,000,000
in Units offered) for any reason or no reason (including, without limitation, because the Company has terminated the Offering,
which the Company may do at any time in its discretion), this Agreement and any other Transaction Documents shall thereafter be
terminated and have no force or effect, and the parties shall take all steps, to ensure that the Aggregate Purchase Price shall
promptly be returned or caused to be returned to the Subscriber without interest thereon or deduction therefrom.

 

    - 3 -

     

    

 

(b) 
Closing. The closing of the purchase and sale of the Units hereunder (the “Closing”) shall take
place at the offices of the Company or such other place as determined by the Company and may take place in one of more closings.
Closings shall take place on a Business Day promptly following the satisfaction of the conditions set forth in Section 7 below,
as determined by the Company (the “Closing Date”). “Business Day” shall mean from the hours
of 9:00 a.m. (Eastern Time) through 5:00 p.m. (Eastern Time) of a day other than a Saturday, Sunday or other day on which commercial
banks in New York, New York are authorized or required to be closed. The Series K Preferred Shares and Series L Preferred Shares
comprising the Units purchased by the Subscriber will be delivered by the Company within 15 Business Days following the Closing
Date.

 

(c) 
Following Acceptance or Rejection. The Subscriber acknowledges and agrees that this Agreement and any other documents
delivered in connection herewith will be held by the Company. In the event that this Agreement is not accepted by the Company for
whatever reason, which the Company expressly reserves the right to do, this Agreement, the Aggregate Purchase Price received (without
interest thereon) and any other documents delivered in connection herewith will be returned to the Subscriber at the address of
the Subscriber as set forth in this Agreement. If this Agreement is accepted by the Company, the Company is entitled to treat the
Aggregate Purchase Price received as an interest free loan to the Company until such time as the Subscription is accepted.

 

		3.	THE SUBSCRIBER’S REPRESENTATIONS, WARRANTIES AND COVENANTS

 

The
Subscriber hereby acknowledges, agrees with and represents, warrants and covenants to the Company, as follows:

 

(a) 
The Subscriber has full power and authority to enter into this Agreement, the execution and delivery of which has been duly
authorized by all the necessary corporate actions, and no other acts or proceedings on the part of the Subscriber are necessary
to authorize the execution, delivery or performance by the Subscriber of this Agreement, if applicable, and this Agreement constitutes
a valid and legally binding obligation of the Subscriber, except as may be limited by bankruptcy, reorganization, insolvency, moratorium
and similar laws of general application relating to or affecting the enforcement of rights of creditors, and except as enforceability
of the obligations hereunder are subject to general principles of equity (regardless of whether such enforceability is considered
in a proceeding in equity or law).

 

(b) 
The Subscriber acknowledges its understanding that the Offering and sale of the Securities is intended to be exempt from
registration under the Securities Act of 1933, as amended (the “Securities Act”), by virtue of Section 4(a)(2)
of the Securities Act and the provisions of Regulation D promulgated thereunder (“Regulation D”). In furtherance
thereof, the Subscriber represents and warrants to the Company and its affiliates as follows:

 

(i) 
The Subscriber realizes that the basis for the exemption from registration may not be available if, notwithstanding the
Subscriber’s representations contained herein, the Subscriber is merely acquiring the Securities for a fixed or determinable
period in the future, or for a market rise, or for sale if the market does not rise. The Subscriber does not have any such intention.

 

(ii) 
The Subscriber realizes that the basis for exemption would not be available if the Offering is part of a plan or scheme
to evade registration provisions of the Securities Act or any applicable state or federal securities laws.

 

(iii) 
The Subscriber is acquiring the Securities solely for investment purposes, and not with a view towards, or resale in connection
with, any distribution of the Securities

 

(iv) 
The Subscriber has the financial ability to bear the economic risk of the Subscriber’s investment, has adequate means
for providing for its current needs and contingencies, and has no need for liquidity with respect to an investment in the Company.

 

    - 4 -

     

    

 

(v) 
The Subscriber and the Subscriber’s attorney, accountant, purchaser representative and/or tax advisor, if any (collectively,
the “Advisors”) has such knowledge and experience in financial and business matters as to be capable of evaluating
the merits and risks of a prospective investment in the Securities. If other than an individual, the Subscriber also represents
it has not been organized solely for the purpose of acquiring the Securities.

 

(vi) 
The Subscriber has carefully reviewed and understands this Agreement in its entirety, including without limitation all Exhibits
hereto (including the Series K Certificate of Designation, the Series L Certificate of Designation, and the security agreement
attached as Exhibit C (the “Security Agreement”)) and Composite Annex B including the Risk Factors included therein.
Without limiting the generality of the foregoing, the Subscriber is aware that, pursuant to the Series L Certificate of Designation,
upon conversion of shares of Series L Preferred Stock, a Subscriber that holds securities of the Company that such Subscriber purchased
in certain prior offerings of the Company will be entitled to Make-Good Shares (as defined therein), subject to the terms and conditions
set forth therein, that a Subscriber that does not hold such securities purchased in such prior offerings of the Company will not
be entitled to.

 

(vii) 
The Subscriber (together with its Advisors, if any) has received all documents requested by the Subscriber or its agents
(including that which is attached hereto forming Composite Annex B, attached hereto), has carefully reviewed them
and understands the information contained therein, prior to the execution of this Agreement.

 

(c) 
The Subscriber is not relying on the Company or any of its employees, agents, sub-agents or advisors with respect to the
legal, tax, economic and related considerations involved in this investment. The Subscriber has relied on the advice of, or has
consulted with, only its Advisors.

 

(d) The Subscriber has carefully considered the potential risks relating to the Company and
a purchase of the Securities, and fully understands that the Securities are a speculative investment that involves a high degree
of risk of loss of the Subscriber’s entire investment. Among other things, the Subscriber has carefully considered each
of the risks as described on Annex C, attached hereto.

 

(e)  The
Subscriber will not sell or otherwise transfer any Securities without registration under the Securities Act or an
exemption therefrom, and fully understands and agrees that the Subscriber must bear the economic risk of its purchase
because, among other reasons, the Securities have not been registered under the Securities Act or under the securities laws
of any state and, therefore, cannot be resold, pledged, assigned or otherwise disposed of unless they are subsequently
registered under the Securities Act and under the applicable securities laws of such states, or an exemption from such
registration is available. In particular, the Subscriber is aware that the Securities are “restricted
securities,” as such term is defined in Rule 144 promulgated under the Securities Act (“Rule 144”),
and they may not be sold pursuant to Rule 144 unless all of the conditions of Rule 144 are met. The Subscriber understands
that any sales or transfers of the Securities are further restricted by state securities laws.

 

(f) 
No oral or written representations or warranties have been made, or information furnished, to the Subscriber or its Advisors,
if any, by the Company or any of its officers, employees, agents, sub-agents, affiliates, advisors or subsidiaries in connection
with the Offering, other than any representations of the Company contained herein, and in subscribing for the Units, the Subscriber
is not relying upon any representations other than those contained herein.

 

(g) 
The Subscriber’s overall commitment to investments that are not readily marketable is not disproportionate to the
Subscriber’s net worth, and an investment in the Securities will not cause such overall commitment to become excessive.

 

    - 5 -

     

    

 

(h) 
The Subscriber understands and agrees that the certificates for the Securities shall bear substantially the following legend
until (i) such Securities shall have been registered under the Securities Act and effectively disposed of in accordance with a
registration statement that has been declared effective or (ii) in the opinion of counsel acceptable to the Company, such Securities
may be sold without registration under the Securities Act, as well as any applicable “blue sky” or state securities
laws:

 

“THE SHARES REPRESENTED
BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”),
OR ANY APPLICABLE STATE SECURITIES LAWS. SUCH SHARES HAVE BEEN ACQUIRED FOR INVESTMENT PURPOSES AND MAY NOT BE OFFERED FOR SALE,
SOLD, DELIVERED AFTER SALE, TRANSFERRED, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FILED BY
THE ISSUER WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION COVERING SUCH SHARES UNDER THE SECURITIES ACT OR AN OPINION OF COUNSEL
THAT SUCH REGISTRATION IS NOT REQUIRED.

 

(i) 
Neither the SEC nor any state securities commission has approved the Securities or passed upon or endorsed the merits of
the Offering. There is no government or other insurance covering any of the Securities.

 

(j) 
The Subscriber and its Advisors, if any, have had a reasonable opportunity to ask questions of and receive answers from
a person or persons acting on behalf of the Company concerning the Offering, the Securities, and the business, financial condition,
results of operations and prospects of the Company, and all such questions have been answered to the full satisfaction of the Subscriber
and its Advisors, if any.

 

(k) 
In making the decision to invest in the Securities the Subscriber has relied solely upon the information provided by the
Company in the Transaction Documents. To the extent necessary, the Subscriber has retained, at its own expense, and relied upon
appropriate professional advice regarding the investment, tax and legal merits and consequences of this Agreement and the purchase
of the Securities hereunder. The Subscriber disclaims reliance on any statements made or information provided by any person or
entity in the course of Subscriber’s consideration of an investment in the Securities other than the Transaction Documents.

 

(l) 
The Subscriber has taken no action that would give rise to any claim by any person for brokerage commissions, finders’
fees or the like relating to this Agreement or the transactions contemplated hereby.

 

(m) 
The Subscriber is not relying on the Company or any of its employees, agents, or advisors with respect to the legal, tax,
economic and related considerations of an investment in the Securities, and the Subscriber has relied on the advice of, or has
consulted with, only its own Advisors.

 

(n) 
The Subscriber acknowledges that any estimates or forward-looking statements or projections furnished by the Company to
the Subscriber were prepared by the management of the Company in good faith, but that the attainment of any such projections, estimates
or forward-looking statements cannot be guaranteed by the Company or its management and should not be relied upon.

 

(o) 
No oral or written representations have been made, or oral or written information furnished, to the Subscriber or its Advisors,
if any, in connection with the Offering that are in any way inconsistent with the information contained herein.

 

(p) 
(For ERISA plans only) The fiduciary of the ERISA plan (the “Plan”) represents that such fiduciary has
been informed of and understands the Company’s investment objectives, policies and strategies, and that the decision to invest
“plan assets” (as such term is defined in ERISA) in the Company is consistent with the provisions of ERISA that require
diversification of plan assets and impose other fiduciary responsibilities. The Subscriber or Plan fiduciary (i) is responsible
for the decision to invest in the Company; (ii) is independent of the Company and any of its affiliates; (iii) is qualified to
make such investment decision; and (iv) in making such decision, the Subscriber or Plan fiduciary has not relied primarily on any
advice or recommendation of the Company or any of its affiliates.

 

(q) 
This Agreement is not enforceable by the Subscriber unless it has been accepted by the Company, and the Subscriber acknowledges
and agrees that the Company reserves the right to reject any subscription for any reason or for no reason.

 

(r) 
The Subscriber will indemnify and hold harmless the Company and, where applicable, its directors, officers, employees, agents,
advisors, affiliates and shareholders, and each other person, if any, who controls any of the foregoing from and against any and
all loss, liability, claim, damage and expense whatsoever (including, but not limited to, any and all fees, costs and expenses
whatsoever reasonably incurred in investigating, preparing or defending against any claim, lawsuit, administrative proceeding or
investigation whether commenced or threatened) (a “Loss”) arising out of or based upon any representation or
warranty of the Subscriber contained herein or in any document furnished by the Subscriber to the Company in connection herewith
being untrue in any material respect or any breach or failure by the Subscriber to comply with any covenant or agreement made by
the Subscriber herein or therein.

 

    - 6 -

     

    

 

(s)  The
Subscriber is, and on each date on which the Subscriber acquires restricted Securities will be, an
“Accredited Investor” as defined in Rule 501(a) under the Securities Act. In general, an “Accredited
Investor” is deemed to be an institution with assets in excess of $5,000,000 or individuals with a net worth in excess
of $1,000,000 (excluding such person’s principal residence) or annual income exceeding $200,000 or $300,000 jointly
with his or her spouse.

 

(t) 
The Subscriber, either alone or together with its representatives, has such knowledge, sophistication and experience in
business and financial matters so as to be capable of evaluating the merits and risks of the Offering, and has so evaluated the
merits and risks of such investment. The Subscriber has not authorized any person or entity to act as its Purchaser Representative
(as that term is defined in Regulation D of the General Rules and Regulations under the Securities Act) in connection with the
Offering. The Subscriber is able to bear the economic risk of an investment in the Securities and, at the present time, is able
to afford a complete loss of such investment.

 

(u) 
The Subscriber has reviewed, or had an opportunity to review, the Company’s Annual Report on Form 10-K for the year
ended December 31, 2018 filed with the SEC on April 25, 2019 as well as all of the Company’s
filings with the SEC since January 1, 2018 (the “SEC Filings”), all of which are deemed incorporated herein by reference,
including, without limitation, all “Risk Factors” and “Forward Looking Statements” disclaimers contained
in the SECFilings.

 

		4.	THE COMPANY’S REPRESENTATIONS, WARRANTIES AND COVENANTS

 

The
Company hereby acknowledges, agrees with and represents, warrants and covenants to the Subscriber, as follows:

 

(a) 
The Company is a corporation, validly existing and in good standing under the laws of Nevada, with the requisite power and
authority to own and use its properties and assets and to carry on its business as currently conducted.

 

(b) 
The Company has the requisite corporate power and authority to enter into and to consummate the transactions contemplated
by this Agreement and otherwise to carry out its obligations hereunder. The execution and delivery of this Agreement by the Company
and the consummation by it of the transactions contemplated hereby and thereby have been duly authorized by all necessary action
on the part of the Company.

 

(c) 
The execution, delivery and performance by the Company of this Agreement, the issuance and sale of the Securities and the
consummation by it of the transactions contemplated hereby party do not and will not conflict with or violate any provision of
the Company’s articles of incorporation or other organizational or charter documents.

 

(d) The Company’s capitalization
as of May 24, 2019 is substantially as set forth in Annex D.

 

		5.	CONDITIONS TO ACCEPTANCE OF SUBSCRIPTION

 

The
Company’s right to accept the subscription of the Subscriber is conditioned upon satisfaction of the following conditions
precedent on or before the date the Company accepts such subscription:

 

(a) 
As of the Closing, no legal action, suit or proceeding shall be pending that seeks to restrain or prohibit the transactions
contemplated by this Agreement.

 

(b) 
The representations and warranties of the Company contained in this Agreement shall have been true and correct in all material
respects on the date of this Agreement and shall be true and correct in all material respects as of the Closing as if made on the
Closing Date (except for any such representations and warranties which are as of a different specific date).

 

    - 7 -

     

    

 

		6.	MISCELLANEOUS PROVISIONS

 

(a) 
No inference shall be drawn in favor of or against any party by virtue of the fact that such party’s counsel was or
was not the principal draftsman of this Agreement.

 

(b) 
Each of the parties hereto shall be responsible to pay the costs and expenses of its own legal counsel in connection with
the preparation and review of this Agreement and related documentation.

 

(c) 
Neither this Agreement, nor any provisions hereof, shall be waived, modified, discharged or terminated except by an instrument
in writing signed by the party against whom any waiver, modification, discharge or termination is sought.

 

(d) 
The representations, warranties and agreement of the Subscriber and the Company made in this Agreement shall survive the
execution and delivery of this Agreement and the delivery of the Securities.

 

(e) 
Any party may send any notice, request, demand, claim or other communication hereunder to the Subscriber at the address
set forth on the signature page of this Agreement or to the Company at its primary office (including personal delivery, expedited
courier, messenger service, fax, ordinary mail or electronic mail), but no such notice, request, demand, claim or other communication
will be deemed to have been duly given unless and until it actually is received by the intended recipient. Any party may change
the address to which notices, requests, demands, claims and other communications hereunder are to be delivered by giving the other
parties written notice in the manner herein set forth.

 

(f) 
Except as otherwise provided herein, this Agreement shall be binding upon, and inure to the benefit of, the parties to
this Agreement and their heirs, executors, administrators, successors, legal representatives and assigns. If the Subscriber is
more than one person or entity, the obligation of the Subscriber shall be joint and several and the agreements, representations,
warranties and acknowledgments contained herein shall be deemed to be made by, and be binding upon, each such person or entity
and its heirs, executors, administrators, successors, legal representatives and assigns. This Agreement sets forth the entire
agreement and understanding between the parties as to the subject matter hereof and merges and supersedes all prior discussions,
agreements and understandings of any and every nature among them.

 

(g) This Agreement is not transferable or assignable by the Subscriber.

 

(h) 
Except as otherwise provided herein, this Agreement shall not be changed, modified or amended except by a writing signed
by both (a) the Company and (b) the Subscribers.

 

(i) 
This Agreement shall be governed by and construed in accordance with the laws of the State of New York, without giving effect
to conflicts of law principles.

 

(j) 
The Company and the Subscriber hereby agree that any dispute that may arise between them arising out of or in connection
with this Agreement shall be adjudicated before a court located in New York County, New York, and they hereby submit to the exclusive
jurisdiction of the federal and state courts of the State of New York located in New York County with respect to any action or
legal proceeding commenced by any party, and irrevocably waive any objection they now or hereafter may have respecting the venue
of any such action or proceeding brought in such a court or respecting the fact that such court is an inconvenient forum, relating
to or arising out of this Agreement or any acts or omissions relating to the sale of the Securities hereunder, and consent to the
service of process in any such action or legal proceeding by means of registered or certified mail, return receipt requested, postage
prepaid, in care of the address set forth herein or such other address as either party shall furnish in writing to the other.

 

(k) 
WAIVER OF JURY TRIAL. IN ANY ACTION, SUIT, OR PROCEEDING IN ANY JURISDICTION BROUGHT BY ANY PARTY AGAINST ANY OTHER PARTY,
THE PARTIES EACH KNOWINGLY AND INTENTIONALLY, TO THE GREATEST EXTENT PERMITTED BY APPLICABLE LAW, HEREBY ABSOLUTELY, UNCONDITIONALLY,
IRREVOCABLY AND EXPRESSLY WAIVES FOREVER TRIAL BY JURY.

 

(l) 
This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.

 

		7.	LEAK OUT.

 

The Subscriber hereby agrees
that, for a period commencing on the date of this Agreement, and expiring on the date that the Subscriber does not beneficially
own any Securities (the “Restricted Period”), Subscriber will not sell, dispose or otherwise transfer, directly or
indirectly, (including, without limitation, any sales, short sales, swaps or any derivative transactions that would be equivalent
to any sales or short positions) on any Trading Day during the Restricted Period (any such date, a “Date of Determination”),
shares of common stock of the Company, in an amount more than 1% of the Monthly Trading Volume of the common stock as reported
by Bloomberg, LP for the applicable Date of Determination. The “Monthly Trading Volume” means the total trading volume
for the prior 30 calendar days of the common stock as of the Date of Determination. The Subscriber agrees that the Company may
have stop transfer instructions placed with the Company’s transfer agent against transfer of shares held by Subscriber except
in compliance with this Section 7. “Trading Day” means any day on which the New York Stock Exchange is open for business.

 

[Signature Pages Follow]

 

    - 8 -

     

    

 

SUBSCRIBER MUST COMPLETE THIS PAGE

 

IN WITNESS WHEREOF, the Subscriber has executed this Agreement
on the       day of                      , 2019.

 

	 	 	  x  $100,000 for each Unit  =  	 
	 	Units subscribed for	Aggregate Purchase Price

 

Manner in which Title is to be held (Please Check
One):

 

	 	1.	¤	Individual	 	7.	¡	Trust/Estate/Pension or Profit sharing Plan
	 	2.	¡	Joint Tenants with Right of Survivorship	 	8.	¡	Date Opened:                                 

    As a Custodian for
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	Under the Uniform Gift to Minors Act of the State of
	 	 	 	 	 	 	 	 
	 	3.	¡	Community Property	 	9.	¡	Married with Separate Property
	 	4.	¡	Tenants in Common	 	10.	¡	Keogh
	 	5.	¡	Corporation/Partnership/ Limited Liability Company	 	11.	¡	Tenants by the Entirety
	 	6.	¡	IRA	 	 	 	 

 

ALTERNATIVE DISTRIBUTION INFORMATION

 

To direct distribution to a party other than
the registered owner, complete the information below.

 

YOU MUST COMPLETE THIS SECTION IF THIS IS AN IRA INVESTMENT.

 

	 	Name of Firm (Bank, Brokerage, Custodian):  	 

 

	 	Account Name: 	 

 

	 	Account Number: 	 

 

	 	Representative Name: 	 

 

	 	Representative Phone Number: 	 

 

	 	Address: 	 

 

	 	City, State, Zip: 	 

 

    - 9 -

     

    

 

IF MORE THAN ONE SUBSCRIBER,
EACH SUBSCRIBER MUST SIGN. 

INDIVIDUAL SUBSCRIBERS MUST COMPLETE THIS PAGE. 

SUBSCRIBERS WHICH ARE ENTITIES MUST COMPLETE FOLLOWING
PAGE.

 

EXECUTION BY NATURAL PERSONS

 

	Exact Name in Which Title is to be Held
	 	 
	 	 
	 	Name (Please Print)	 	Name of Additional Subscriber
	 	 	 	 
	 	 	 	 
	 	Residence: Number and Street	 	Address of Additional Subscriber
	 	 	 	 
	 	 	 	 
	 	City, State and Zip Code	 	City, State and Zip Code
	 	 	 	 
	 	 	 	 
	 	Social Security Number	 	Social Security Number
	 	 	 	 
	 	 	 	 
	 	Telephone Number	 	Telephone Number
	 	 	 	 
	 	 	 	 
	 	Fax Number (if available)	 	Fax Number (if available)
	 	 	 	 
	 	 	 	 
	 	E-Mail (if available)	 	E-Mail (if available)
	 	 	 	 
	 	 	 	 
	 	(Signature)	 	(Signature of Additional Subscriber)

 

ACCEPTED this         day of               ,
2019, on behalf of the Company.

 

	 	ORIGINCLEAR, INC.  
	 	 	 
	 	By:	               
	 	Name: 	T. Riggs Eckelberry 
	 	 Title: 	Chief Executive Officer 

 

 

[SIGNATURE PAGE FOR SUBSCRIPTION AGREEMENT]

 

    - 10 -

     

    

 

Exhibit A

 

Certificate of Designation
of Series K Preferred Stock

 

    - 11 -

     

    

 

Exhibit B

 

Certificate of Designation
of Series L Preferred Stock

 

    - 12 -

     

    

 

Exhibit C

 

Security Agreement

 

    - 13 -

     

    

 

ANNEX A

 

SENDING OPTIONS

 

    - 14 -

     

    

 

COMPOSITE ANNEX B

 

DOCUMENTATION PROVIDED TO
SUBSCRIBER

 

    - 15 -

     

    

 

ANNEX C

 

RISK FACTORS

 

An investment in the Securities
of the Company involves a high degree of risk and should be considered only by persons who can afford to lose their entire investment
and who have no need for liquidity in their investment. You should carefully consider the risk factors described below, and discussed
in the section titled “Risk Factors” in our most recent Annual Report on Form 10-K, as well as the risks, uncertainties
and additional information set forth in our SEC Filings incorporated by reference herein. Our business, financial condition or
results of operations could be materially adversely affected by any of these risks. The trading price of our common stock could
decline due to any of these risks, and you may lose all or part of your investment.

 

Risks Related to the Securities and This Offering

 

There is no public market for the
Series K Preferred Shares or Series L Preferred Shares and a limited public market for the common stock.

 

There is no public market
for the Series K Preferred Shares or the Series L Preferred Shares, and we not intend to have such securities quoted or listed
on any market. In addition, our common stock is quoted on the OTC Pink which is an unorganized, inter-dealer, over-the-counter
market which provides significantly less liquidity than the NASDAQ Capital Market or other national securities exchange. These
factors may have an adverse impact on the trading and price of our common stock.

 

The Securities will be subject to restrictions
on resale.

 

We have not registered the
sale of any of the Securities under the Securities Act or any state securities laws.
The securities offered hereby are highly illiquid, and are not transferable except in accordance with the Securities Act. Consequently,
the Securities may not be resold or otherwise transferred unless they are subsequently registered under applicable securities laws
or an exemption therefrom is available. In view of these and other limitations to the transfer of the Securities as described herein,
the Securities should be considered an illiquid investment which may need to be held indefinitely. Limitations on the transfer
of the Securities may also adversely affect the price that a Subscriber might be able to obtain for such securities in a private
sale.

 

The price of the Units has been determined
without a third party valuation or fairness opinion.

 

We have set the price of
Units without the benefit of any third party valuation or fairness opinion or review. You must make your own determination as to
the accuracy, fairness or reasonableness of the price of the Units and the other terms of the Offering.

 

We will have significant discretion over
the use of the gross proceeds.

 

The Company intends to use
the net proceeds of this Offering for general corporate purposes and to meet working capital needs. Accordingly, Company management
will have broad discretion as to the application of such proceeds. There can be no assurance that management’s use of proceeds
generated through this Offering will prove optimal or translate into revenue or profitability for the Company.

 

There is no investor counsel.

 

The Company has not retained any independent professionals
to review or comment on this Offering or otherwise protect the interests of Subscribers. Although the Company has retained its
own counsel, neither such firm nor any other firm has made any independent examination of any factual matters represented by management
herein, and purchasers of the Securities offered hereby should not rely on any such firms so retained with respect to any matters
herein described.

 

No governmental entity has evaluated our
securities.

 

No federal or state commission, department or agency
has made any evaluation, finding, recommendation or endorsement with respect to the Securities.

 

    - 16 -

     

    

 

Additional stock offerings in the
future may dilute then-existing shareholders’ percentage ownership of the Company.

 

Given our plans and expectations
that we will need additional capital and personnel, we anticipate that we will need to issue additional shares of common stock
or securities convertible or exercisable for shares of common stock, including convertible preferred stock, convertible notes,
stock options or warrants. The issuance of additional securities in the future will dilute the percentage ownership of then current
stockholders. Without limiting the generality of the foregoing, the Company may conduct other offerings concurrent with this offering.

 

Subscribers
in this Offering who do not hold securities of the Company purchased in certain prior offerings of the Company will be subject
to additional dilution.

 

Pursuant to the Series L Certificate of Designation,
subscribers in this Offering who hold securities of the Company that such subscribers purchased in certain prior offerings of the
Company, at such time as they convert Series L Preferred Stock to common stock, will be entitled to additional shares of common
stock, pursuant to the formula and subject to the terms and conditions set forth therein, that holders of Series L Preferred Stock
who convert shares to common stock will not otherwise be entitled to. This will result in additional dilution to subscribers in
this Offering who do not hold such securities purchased in such prior offerings of the Company and will thus not be entitled to
such additional shares.

 

We may be unable to redeem the Series K
Preferred Shares when required.

 

Pursuant to the Series K
Certificate of Designation, the Company will be required to redeem the Series K Preferred Shares offered in this offering on the
date that is two years following the final closing or expiration date for the applicable Tranche, for the stated value plus any
accrued but unpaid dividends. There is no assurance the Company will be able to make such payment. Further, although such redemption
will be secured by a security interest (junior in priority to the security interest held by the Series I Preferred Stock) in the
outstanding shares of our wholly-owned subsidiary, Progressive Water Treatment, Inc., pursuant to the Security Agreement, there
is no assurance holders will be able to realize such amount pursuant to such security interest. In addition, we will be required
to redeem any outstanding shares of our Series F Preferred Stock on September 1, 2020, which is prior to the date that we will
be required to redeem our outstanding shares of Series K Preferred Stock, and may have an adverse effect on our available capital
for such redemption. We also have outstanding shares of Series I Preferred Stock which we
will be required to redeem prior to the date that we will be required to redeem any outstanding shares of our Series K Preferred
Stock, which may have an adverse effect on our available capital for such redemption.

 

The Series K Preferred Shares will not
have voting rights.

 

Holders of the Series K Preferred
Shares, by virtue of holding such shares, will not have any voting rights, except as may be required under applicable law. Thus,
the holders of the Series K Preferred Shares, by virtue of holding such shares, will have no right to participate in the election
of directors of the Company or any other matter that may be brought to the vote of the shareholders of the Company.

 

The Series K Preferred Shares will be subject
to the Company’s right of redemption.

 

Pursuant to the Series K
Certificate of Designation, the Company will have the right to redeem outstanding shares of Series K Preferred Stock, in the Company’s
discretion, subject to the terms and conditions set forth therein. Such redemption, if it occurs, may reduce the return on Series
K Preferred Shares for Subscribers, as redeemed shares will no longer be entitled to further dividends.

 

The Series K Preferred Stock will not be
convertible to common stock.

 

The Series K Preferred Stock
will not be convertible to common stock. This may reduce the value of the Series K Preferred Stock as the holders, by virtue of
being holders of the Series K Preferred Shares, will not have the opportunity to benefit from any increase in the market price
of the common stock.

 

Investors should
consult their own tax advisers regarding tax consequences of this Offering and the Series K and Series L Preferred Shares.

 

The Company makes no representations
regarding the tax treatment that will apply to the Series K Preferred Shares, Series L Preferred Shares, or this Offering, including,
without limitation, with respect to any dividend or redemption payments under the Series K Preferred Shares. Subscribers should
consult their own tax advisers regarding such tax consequences.

 

 

- 17 -EX-10.1

 Exhibit 10.1 

Execution Version 

SUPPORT AGREEMENT 
 This
SUPPORT AGREEMENT, dated as of August 13, 2019 (this “Agreement”), is made by and among: 
 (i) CBS
Corporation, a Delaware corporation (“CBS”); 
 (ii) Viacom Inc., a Delaware corporation
(“Viacom”); 
 (iii) National Amusements, Inc., a Maryland corporation (“NAI”); and 

(iv) NAI Entertainment Holdings LLC, a Delaware limited liability company and a wholly owned subsidiary of NAI (“NAI
Entertainment” and together with NAI, the “NAI Parties”). 
 W I T N E S E T H 

WHEREAS, concurrently with the execution and delivery of this Agreement, CBS and Viacom entered into an Agreement and Plan of Merger (the
“Merger Agreement”), pursuant to which, among other things, the parties agreed to effect a merger of Viacom with and into CBS with CBS as the surviving corporation (the “Merger”) upon the terms and subject to the
conditions set forth therein; 
 WHEREAS, as of the date hereof, the NAI Parties Beneficially Own the number of outstanding shares of
Class A common stock, par value $0.001 per share, of CBS (the “CBS Voting Common Stock”) set forth on Schedule I hereto (all such shares of CBS Voting Common Stock Beneficially Owned by the NAI Parties, together with all
other shares of CBS Voting Common Stock with respect to which the NAI Parties or any other Controlled Affiliate of any NAI Party acquires Beneficial Ownership after the date hereof and prior to the Expiration Time and all other securities issued to
the NAI Parties in respect of such CBS Voting Common Stock or into which shares of such CBS Voting Common Stock may be converted or exchanged in connection with stock dividends or distributions, combinations or any similar recapitalizations on or
after the date hereof, collectively, the “CBS Shares”); 
 WHEREAS, as of the date hereof, the NAI Parties Beneficially Own
the number of outstanding shares of Class A common stock, par value $0.001 per share, of Viacom (the “Viacom Voting Common Stock”) set forth on Schedule I hereto (all such shares of Viacom Voting Common Stock
Beneficially Owned by the NAI Parties, together with all other shares of Viacom Voting Common Stock with respect to which the NAI Parties or any other Controlled Affiliate of any NAI Party acquires Beneficial Ownership after the date hereof and
prior to the Expiration Time and all other securities issued to the NAI Parties in respect of such Viacom Voting Common Stock or into which shares of such Viacom Voting Common Stock may be converted or exchanged in connection with stock dividends or
distributions, combinations or any similar recapitalizations on or after the date hereof, collectively, the “Viacom Shares” and together with the CBS Shares, the “Shares”); and 

 WHEREAS, CBS and Viacom desire that the NAI Parties agree, and the NAI Parties are willing
to agree, on the terms and subject to the conditions set forth herein, not to Transfer (as defined below) any Shares if, after completion of such Transfer, the NAI Parties in the aggregate would Beneficially Own less than the Necessary Shares, and
to vote or consent with respect to all of the Necessary Shares in a manner so as to facilitate the consummation of the Merger and the other transactions contemplated by the Merger Agreement. 

NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows: 
 1.
Definitions and Related Matters. 
 1.1. Definitions. This Agreement is the “NAI Support Agreement” as defined in
the Merger Agreement. Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms in the Merger Agreement. As used in this Agreement, the following terms shall have the meanings indicated below:

 “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 such Person; provided that, for purposes of this Agreement, (a) none of CBS, Viacom or their respective Subsidiaries shall be deemed to be an Affiliate of any NAI
Party, (b) with respect to CBS, “Affiliate” means any Person that is Controlled by CBS and (c) with respect to Viacom, “Affiliate” means any Person that is Controlled by Viacom. 

“Agreement” shall have the meaning set forth in the Preamble. 

“Beneficially Own” shall mean, with respect to any securities, having “beneficial ownership” of such securities for
purposes of Rule 13d-3 or 13d-5 under the Exchange Act (or any successor statute or regulation). 
 “CBS” shall have the
meaning set forth in the Preamble. 
 “CBS Shares” shall have the meaning set forth in the Recitals. 

“CBS Transaction Litigation” shall have the meaning set forth in Section 9.2. 

“CBS Voting Common Stock” shall have the meaning set forth in the Recitals. 

“CBS Written Consent” shall have the meaning set forth in Section 2. 

“Control” shall mean the possession, directly or indirectly, of any other power to direct or cause the direction of the
management and policies of such a Person, whether through ownership of voting securities, by contract or otherwise. 
 “Expiration
Time” shall mean the earliest to occur of (a) the Effective Time, (b) the termination of the Merger Agreement in accordance with its terms and (c) the time of any modification, waiver or amendment to any provision of the
Merger Agreement without the NAI Parties’ prior written consent which is adverse in any material respect to the NAI Parties. 

  
 2 

 “Merger” shall have the meaning set forth in the Recitals. 

“Merger Agreement” shall have the meaning set forth in the Recitals. 

“Merger Agreement Parties” means each of CBS and Viacom. 

“Necessary CBS Shares” shall mean a majority of the issued and outstanding shares of CBS Voting Common Stock. 

“Necessary Shares” shall mean the Necessary CBS Shares and the Necessary Viacom Shares. 

“Necessary Viacom Shares” shall mean a majority of the issued and outstanding shares of Viacom Voting Common Stock. 

“NAI” shall have the meaning set forth in the Preamble. 

“NAI Parties” shall have the meaning set forth in the Preamble. 

“NAI Related Parties” shall mean the Trust, Sumner M. Redstone, Shari E. Redstone, Robert Klieger, Thaddeus Jankowski, Jill
S. Krutick, Tyler J. Korff, Brandon J. Korff, Kimberlee A. Ostheimer, Phyllis Redstone, David R. Andelman, Norman Jacobs, Leonard Lewin and the agents, attorneys, representatives, heirs, executors and assigns of each of them, individually and in all
other capacities (including as settlor or former, current or future trustee or beneficiary of the Trust, as parent or guardian of a former, current or future beneficiary of the Trust, or as a former, current or future officer, manager, director or
direct or indirect stockholder of either or both of the NAI Parties). 
 “NAI Transaction Litigation” shall have the
meaning set forth in Section 9.3. 
 “Organizational Documents” shall mean, with respect to any
Person, such Person’s articles or certificate of association, incorporation, formation or organization, bylaws, limited liability company agreement, partnership agreement or other constituent document or documents, each in its currently
effective form as amended from time to time. 
 “Person” shall mean an individual, corporation, limited liability company,
partnership, association, trust, other entity or group (as defined in the Exchange Act). 
 “Registration Statement” shall
have the meaning set forth in Section 2. 
 “Settlement Agreement” shall have the meaning set
forth in Section 17.7. 
 “Shares” shall have the meaning set forth in the Recitals. 

“Subsidiary” shall mean, when used with respect to any Person, (a) any corporation, partnership or other organization,
whether incorporated or unincorporated, (i) of which such Person or any other Subsidiary of such Person is a general partner (excluding partnerships, the general partnership interests of which held by such Person or any Subsidiary of such
Person do 

  
 3 

 
not have a majority of the voting interests in such partnership) or (ii) at least a majority of the securities or other interests of which having by their terms ordinary voting power to
elect a majority of the Board of Directors or others performing similar functions with respect to such corporation or other organization is directly or indirectly owned or controlled by such Person or by any one or more of its Subsidiaries, or by
such Person and one or more of its Subsidiaries, or (b) any partnership, limited liability company, association, joint venture or other business entity, of which a majority of the partnership, joint venture or other similar ownership interest
thereof is at the time owned or controlled, directly or indirectly, by that Person or one or more Subsidiaries of that Person or a combination thereof. 

“Takeover Law” shall have the meaning set forth in Section 7.5. 

“Transfer” shall mean, with respect to any Share, any direct or indirect sale, transfer, assignment, pledge, hypothecation,
mortgage, license, gift, creation of a security interest in or lien on, placement in trust (voting or otherwise), encumbrance or other disposition of such Share or any voting rights thereof to any Person. 

“Trust” shall mean the Sumner M. Redstone National Amusements Trust u/d/t dated June 28, 2002, as amended. 

“Viacom” shall have the meaning set forth in the Preamble. 

“Viacom Shares” shall have the meaning set forth in the Recitals. 

“Viacom Transaction Litigation” shall have the meaning set forth in Section 9.1. 

“Viacom Voting Common Stock” shall have the meaning set forth in the Recitals. 

“Viacom Written Consent” shall have the meaning set forth in Section 2. 

“Written Consent” shall have the meaning set forth in Section 2. 

1.2. Other Definitional Provisions. Unless the context of this Agreement clearly requires otherwise, words imparting the masculine
gender shall include the feminine and neutral genders and vice versa, and the definitions of terms contained in this Agreement are applicable to the singular as well as the plural forms of such terms. The words “includes” or
“including” shall mean “including without limitation.” The words “hereof,” “hereby,” “herein,” “hereunder” and similar terms in this Agreement shall refer to this Agreement as a whole and
not any particular section or article in which such words appear, the word “extent” in the phrase “to the extent” shall mean the degree to which a subject or other thing extends and such phrase shall not mean simply
“if.” Any reference to a Law shall include any rules and regulations promulgated thereunder, and shall mean such Law as from time to time amended, modified or supplemented. References herein to any contract (including this Agreement) mean
such contract as amended, supplemented or modified from time to time in accordance with the terms thereof. Each reference to a “wholly owned Subsidiary” of a Person shall be deemed to include any Subsidiary of such Person where all of the
equity interests of such Subsidiary are directly or indirectly owned by such Person (other than directors qualifying shares, nominee shares or other equity interests that are required by law or regulation to be held by a director or nominee). 

  
 4 

 2. Agreement to Consent and Approve. 

2.1. Each NAI Party agrees that, promptly (and in any event within one Business Day) after the registration statement on Form S-4 pursuant to which the issuance of shares of CBS Common Stock in the Merger will be registered with the SEC (the “Registration Statement”) (in which a joint consent solicitation statement with
respect to the solicitation of written consents from the stockholders of CBS and Viacom in connection with the CBS Stockholder Approval and the Viacom Stockholder Approval, respectively, is included) is declared effective by the SEC, unless a CBS
Adverse Recommendation Change or Viacom Adverse Recommendation Change has occurred prior to such time and has not been rescinded, the NAI Parties shall execute and deliver, or shall cause to be executed and delivered, (i) a written consent
approving the adoption of the Merger Agreement and approving the transactions contemplated thereby, including the Merger, the issuance of the shares of CBS Common Stock contemplated to be issued thereunder and the amendment of CBS’s certificate
of incorporation and bylaws, substantially in the form attached hereto as Exhibit A, with respect to the Necessary CBS Shares (the “CBS Written Consent”), and (ii) a written consent approving the adoption of the Merger
Agreement and approving the transactions contemplated thereby, including the Merger, substantially in the form attached hereto as Exhibit B, with respect to the Necessary Viacom Shares (the “Viacom Written Consent”, and
together with the CBS Written Consent, the “Written Consents”). Each such Written Consent shall be given in accordance with such procedures relating thereto, including pursuant to the DGCL and each of the CBS Organizational
Documents and the Viacom Organizational Documents, as applicable, so as to ensure that it is duly counted for purposes of recording the results of such consent. 

2.2. No NAI Party shall enter into any tender, voting or other agreement or arrangement with any Person prior to the Expiration Time, directly
or indirectly, to vote, grant a proxy or power of attorney or give instructions with respect to the voting of the Shares in any manner that is inconsistent with this Agreement or otherwise take any other action with respect to the Shares that would
in any way restrict, limit or interfere with the performance by the NAI Parties, of their obligations hereunder or the transactions contemplated hereby; provided, however, that the foregoing restriction shall cease to apply in the
event a CBS Adverse Recommendation Change or Viacom Adverse Recommendation Change has occurred prior to such time and not been rescinded. Except for the delivery of Written Consents expressly contemplated by this Agreement, prior to the Expiration
Time, no NAI Party shall call, seek to call or request the call of any meeting of CBS stockholders or Viacom stockholders with respect to any matter relating to the Merger or other transactions contemplated by the Merger Agreement, including by
written consent, whether pursuant to the DGCL, the CBS Organizational Documents, the Viacom Organizational Documents or otherwise. 
 2.3.
From the date hereof until the Expiration Time, no NAI Party shall take any action in contravention of, or that conflicts with, (a) the designation of the members of the Board of Directors of CBS occurring at the Effective Time as contemplated
by Section 1.06 of the Merger Agreement or (b) the Charter Amendment and Bylaws Amendment becoming effective at the Effective Time. 

  
 5 

 2.4. Each NAI Party agrees that, from the date hereof until the Expiration Time, it shall
vote or cause to be voted (including by written consent) (a) the Necessary CBS Shares against any CBS Acquisition Proposal (and shall not vote or cause to be voted any other CBS Shares in favor of any CBS Acquisition Proposal), (b) the
Necessary Viacom Shares against any Viacom Acquisition Proposal (and shall not vote or cause to be voted any other Viacom Shares in favor of any Viacom Acquisition Proposal), (c) the Necessary CBS Shares against any amendment of the CBS
Organizational Documents (other than the amendments of the CBS Organizational Documents contemplated in connection with the Merger as set forth in the Merger Agreement), which amendment would in any manner impede, interfere with, delay, postpone,
adversely affect or prevent the consummation of the Merger or the other transactions contemplated by the Merger Agreement or change in any manner the voting rights of CBS Voting Common Stock (and shall not vote or cause to be voted any other CBS
Shares in favor of any such amendment), (d) the Necessary Viacom Shares against any amendment of the Viacom Organizational Documents (other than the amendments of the Viacom Organizational Documents contemplated in connection with the Merger as set
forth in the Merger Agreement), which amendment would in any manner impede, interfere with, delay, postpone, adversely affect or prevent the consummation of the Merger or the other transactions contemplated by the Merger Agreement or change in any
manner the voting rights of Viacom Voting Common Stock (and shall not vote or cause to be voted any other Viacom Shares in favor of any such amendment), (e) the Necessary CBS Shares against any other action, agreement or transaction involving CBS
that is intended, or would reasonably be expected, to impede, interfere with, delay, postpone, adversely affect or prevent the consummation of the Merger or the other transactions contemplated by the Merger Agreement (and shall not vote or cause to
be voted any other CBS Shares in favor of any such action, agreement or transaction) and (f) the Necessary Viacom Shares against any other action, agreement or transaction involving Viacom that is intended, or would reasonably be expected, to
impede, interfere with, delay, postpone, adversely affect or prevent the consummation of the Merger or the other transactions contemplated by the Merger Agreement (and shall not vote or cause to be voted any other Viacom Shares in favor of any such
action, agreement or transaction); provided, however, that the foregoing clauses (a)–(f) shall not apply to any transaction, proposal or action that is the subject of a CBS Adverse Recommendation Change or a Viacom Adverse
Recommendation Change made in accordance with Section 7.04(d) or Section 7.05(d) of the Merger Agreement, as applicable, that has not been rescinded. Any attempt by any NAI Party to vote, or express consent or dissent with respect to (or
otherwise to utilize the voting power of), its Shares in contravention of this Section 2 shall be null and void ab initio. 

2.5. Each of CBS and Viacom hereby agrees that, from the date hereof until the record date for the stockholder vote, it shall not allot or
issue shares of CBS Voting Common Stock or Viacom Voting Common Stock, as applicable, and shall not grant rights to subscribe for, or convert any security into, CBS Voting Common Stock or Viacom Voting Common Stock, as applicable. 

3. Agreement Not to Transfer or Encumber. Each NAI Party hereby agrees that, from the date hereof until the Expiration Time, it shall
not (a) Transfer any Shares if, after completion of such Transfer, the NAI Parties would, at any time, be unable to comply with Section 2 or (b) deposit any Necessary Shares into a voting trust or enter into a
voting agreement or arrangement with respect to any Necessary Shares or grant a proxy or power of attorney with respect thereto (other than pursuant to this Agreement); provided that such NAI Party may Transfer any Necessary Shares to any
Controlled Affiliate of an NAI Party subject to compliance with Section 17.12. Any Transfer or attempted Transfer of any Necessary Shares in violation of this Section 3 shall be null and void ab
initio. 

  
 6 

 4. Agreement Not to Solicit. Each NAI Party agrees that, from the date hereof until
the Expiration Time, it shall not, and shall cause each of its Affiliates and its and their respective Representatives not to, directly or indirectly, (a) solicit, initiate or knowingly facilitate or encourage (including by way of furnishing non-public information) the submission of any inquiries regarding, or the making of any proposal or offer that constitutes, or would reasonably be expected to lead to, a CBS Acquisition Proposal or a Viacom
Acquisition Proposal, (b) engage in, continue or otherwise participate in any discussions or negotiations regarding, or furnish to any other Person any non-public information in connection with, or for
the purpose of, encouraging or facilitating a CBS Acquisition Proposal or a Viacom Acquisition Proposal or (c) enter into any letter of intent, memorandum of understanding, agreement in principle, merger agreement, acquisition agreement or
other similar agreement constituting a CBS Acquisition Proposal or a Viacom Acquisition Proposal; provided, however, if CBS, Viacom or any of their respective Representatives receives a CBS Acquisition Proposal or Viacom Acquisition
Proposal, as applicable, which CBS Acquisition Proposal or Viacom Acquisition Proposal, as applicable, did not result from any breach of this Section 4 or the Merger Agreement, and the Board of Directors of CBS or the CBS
Transaction Committee, or the Board of Directors of Viacom or the Viacom Transaction Committee, as applicable, determines in good faith, after consultation with its financial advisor and outside legal counsel, that such CBS Acquisition Proposal or
Viacom Acquisition Proposal, as applicable, constitutes or is reasonably likely to lead to a CBS Superior Proposal or Viacom Superior Proposal, as applicable, then the NAI Parties and their Representatives may engage in or otherwise participate in
discussions or negotiations with the Person or group of Persons making such CBS Acquisition Proposal or Viacom Acquisition Proposal, as applicable, solely to the extent that CBS or Viacom, as applicable, and such NAI Parties and their
Representatives, are permitted under the terms of the Merger Agreement to engage in or otherwise participate in discussions or negotiations with such Person or group of Persons; provided that in such case the initial discussions or
negotiations between the NAI Parties or their Representatives and such Person or group of Persons shall be subject to the consent of CBS or Viacom, whichever made such determination relating to a CBS Superior Proposal or a Viacom Superior Proposal
(such consent not to be unreasonably withheld, conditioned or delayed), the NAI Parties and such Representatives shall coordinate in advance of such discussions with CBS or Viacom, as applicable, with respect to what will be communicated in such
discussions or negotiations, and the NAI Parties and such Representatives shall thereafter keep CBS or Viacom, as applicable, reasonably apprised with respect to any such discussions or negotiations. Each NAI Party agrees that, from the date hereof
until the Expiration Time, it shall, and shall cause its Affiliates and its and their respective Representatives to, immediately cease any solicitation, encouragement, discussions or negotiations with any Persons that may be ongoing with respect to
a CBS Acquisition Proposal or a Viacom Acquisition Proposal, or any inquiry or proposal that would reasonably be expected to lead to a CBS Acquisition Proposal or a Viacom Acquisition Proposal. 

5. Registration Statement; Consent Solicitation Statement. Prior to the filing of the Consent Solicitation Statement and the
Registration Statement (or any amendment or supplement thereto) with the SEC, the Merger Agreement Parties shall provide NAI with a reasonable opportunity to review and comment on the Consent Solicitation Statement and the Registration Statement (or
any amendment or supplement thereto) in advance (including the proposed final 

  
 7 

 
version of such document) and consider in good faith any reasonable comments provided by NAI or its representatives with respect to any of the disclosures proposed to be included in the Consent
Solicitation Statement and the Registration Statement (or any amendment or supplement thereto), including disclosures regarding or involving any of the NAI Parties or the NAI Related Parties. The Merger Agreement Parties shall promptly provide
copies to NAI of any written comments received from the SEC with respect to the Consent Solicitation Statement and the Registration Statement and promptly advise NAI of any oral comments received from the SEC. Prior to mailing the Consent
Solicitation Statement (or any amendment or supplement thereto) or responding to any comments of the SEC with respect thereto, each of the Merger Agreement Parties shall provide NAI with a reasonable opportunity to review and comment on such
document or response in advance (including the proposed final version of such document or response) and consider in good faith any comments provided by NAI or its representatives with respect to any of the disclosures proposed to be included in such
document or response, including disclosures regarding or involving any of the NAI Parties or the NAI Related Parties. 
 6.
Representations, Warranties and Covenants of the NAI Parties. Each NAI Party hereby represents and warrants to CBS and Viacom as follows: 

6.1. NAI is a corporation duly organized and validly existing and in good standing under the laws of the State of Maryland. NAI
Entertainment is a limited liability company duly organized and validly existing and in good standing under the laws of the State of Delaware. 

6.2. Such NAI Party has all requisite power and authority to execute and deliver this Agreement and to perform its obligations hereunder. With
respect to such NAI Party that is a corporation or other entity, the execution and delivery by such NAI Party of this Agreement and the performance of its obligations hereunder have been duly authorized by all necessary action of such NAI Party.
This Agreement has been duly executed and delivered by such NAI Party and, assuming the due authorization, execution and delivery of this Agreement by CBS, Viacom and the other NAI Party, constitutes the legal, valid and binding obligation of such
NAI Party, enforceable against it in accordance with its terms, except as limited by the Bankruptcy and Equity Exception. 
 6.3. Subject to
the accuracy of the representations and warranties of CBS contained in Section 7.4, the execution and delivery of this Agreement by such NAI Party and the performance of its obligations hereunder will not: (a) with
respect to such NAI Party that is a corporation or other entity, conflict or violate any provision of (i) the Organizational Documents of such NAI Party or (ii) the Organizational Documents of any of such NAI Party’s Subsidiaries,
(b) violate any Law or Order applicable to such NAI Party or any of its Subsidiaries, (c) violate or constitute a breach of or default (with or without notice or lapse of time, or both) under, or give rise to a right of termination,
modification, or cancelation of any obligation or to the loss of any benefit pursuant to, any of the terms or provisions of any Contract to which such NAI Party or any of its Subsidiaries is a party or accelerate such NAI Party’s or, if
applicable, any of its Subsidiaries’ obligations under any such Contract or (d) result in the creation of any Lien (other than a Permitted Lien) on any properties or assets of such NAI Party or any of its Subsidiaries, except, in the case
of clause (a)(ii), (b), (c) and (d), for any breach, violation, termination, default, creation or acceleration that would not, individually or in the aggregate, reasonably be expected to impair the ability of such NAI Party to perform its
obligations under this Agreement on a timely basis. 

  
 8 

 6.4. As of the date hereof, (a) each NAI Party owns the number and class of shares of
CBS Common Stock and Viacom Common Stock that appear across from its name on Schedule I to this Agreement and (b) the NAI Parties each have the right to vote all of the CBS Shares and all of the Viacom Shares that they own. 

6.5. Except as contemplated by this Agreement, the Merger Agreement and the Governance Agreement and except for the Settlement Agreement, such
NAI Party has not entered into any tender, voting or other agreement or arrangement with respect to any Shares or entered into any other contract relating to the voting of any Shares. Any and all proxies in respect of the Shares are revocable, and
such proxies either have been revoked prior to the date hereof or are hereby revoked. 
 6.6. As of the date hereof, there is no Proceeding
pending or, to the knowledge of such NAI Party, threatened against or affecting such NAI Party that, individually or in the aggregate, would reasonably be expected to impair the ability of such NAI Party to perform its obligations under this
Agreement or to consummate the transactions contemplated by this Agreement on a timely basis. 
 6.7. Such NAI Party hereby
(a) authorizes CBS and Viacom to publish and disclose in any announcement or disclosure in connection with the transactions contemplated by the Merger Agreement, including the Consent Solicitation Statement and the Registration Statement and
any other applicable filings under the Exchange Act or the Securities Act, its identity and ownership of the Shares and the nature of its obligations under this Agreement, and (b) agrees to reasonably cooperate with CBS and Viacom in connection
with such filings. 
 6.8. Such NAI Party agrees that it shall promptly furnish to CBS and Viacom any information that CBS or Viacom may
reasonably request for the preparation of any such announcement, disclosure or other applicable filings. None of the information supplied or to be supplied by such NAI Party specifically for inclusion or incorporation by reference in (a) the
Registration Statement will, at the time the Registration Statement is filed with the SEC, and at any time it is amended or supplemented or at the time it becomes effective under the Securities Act, contain any untrue statement of a material fact or
omit to state any material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they are made, not misleading or (b) the Consent Solicitation Statement will, at
the date it is first mailed to the respective stockholders of CBS and Viacom, contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements therein, in
light of the circumstances under which they are made, not misleading. Such NAI Party hereby agrees that it shall promptly notify CBS and Viacom of any required corrections with respect to any written information supplied by it specifically for use
in any such announcement, disclosure or other applicable filings, if and to the extent that any such information contained any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary in
order to make the statements therein, in light of the circumstances under which they were made, not misleading. Notwithstanding the foregoing, no representation or warranty is made by such NAI Party with respect to statements made or incorporated by
reference therein based on information supplied by CBS or Viacom specifically for inclusion or incorporation by reference in the Registration Statement or the Consent Solicitation Statement. 

  
 9 

 6.9. As of the date hereof, none of such NAI Party or its “affiliates” or
“associates” is restricted from engaging in “business combinations” with CBS pursuant to Section 203 of the DGCL (with the meaning of each foregoing word in quotation marks as defined in Section 203 of the DGCL). 

7. Representations, Warranties and Covenants of CBS. CBS hereby represents and warrants to Viacom and the NAI Parties as follows: 

7.1. CBS is a corporation duly organized and validly existing and in good standing under the laws of the State of Delaware. 

7.2. CBS has all requisite power and authority to execute and deliver this Agreement and to perform its obligations hereunder. The execution
and delivery by CBS of this Agreement and the performance of its obligations hereunder have been duly authorized by all necessary action of CBS. This Agreement has been duly executed and delivered by CBS and, assuming the due authorization,
execution and delivery of this Agreement by Viacom and the NAI Parties, constitutes the legal, valid and binding obligation of CBS, enforceable against it in accordance with its terms, except as limited by the Bankruptcy and Equity Exception. 

7.3. The execution and delivery of this Agreement by CBS and the performance of its obligations hereunder will not (a) conflict or violate
any provision of (i) the Organizational Documents of CBS or (ii) the Organizational Documents of any Subsidiary of CBS, (b) violate any Law or Order applicable to CBS or any of its Subsidiaries, (c) violate or constitute a breach
of or default (with or without notice or lapse of time, or both) under, or give rise to a right of termination, modification, or cancelation of any obligation or to the loss of any benefit pursuant to, any of the terms or provisions of any Contract
to which CBS or any of its Subsidiaries is a party or accelerate the obligations of CBS or, if applicable, any of its Subsidiaries under any such Contract or (d) result in the creation of any Lien (other than a Permitted Lien) on any properties
or assets of CBS or any of its Subsidiaries, except, in the case of clause (a)(ii), (b), (c) and (d), for any breach, violation, termination, default, creation or acceleration that would not, individually or in the aggregate, reasonably be
expected to impair the ability of CBS to perform its obligations under this Agreement on a timely basis. 
 7.4. At least two-thirds of the members of the Board of Directors of CBS who are not affiliated or associated with the NAI Parties (as such term is defined in the Settlement Agreement) (rounded up to the nearest whole number)
have approved (i) the Merger Agreement, this Agreement, the Governance Agreement, the Merger and the other transactions contemplated by this Agreement, the Merger Agreement and the Governance Agreement and (ii) the approval of, or consent
to, the Merger Agreement, this Agreement, the Governance Agreement, the Merger and the other transactions contemplated by this Agreement and the Merger Agreement by the NAI Parties, in each case, for all purposes of the Settlement Agreement. For the
purposes of the Settlement Agreement, such approval is irrevocable and, for the avoidance of doubt, shall continue to apply even in the event of a CBS Adverse Recommendation Change unless and until the Merger Agreement is terminated prior to the
Effective Time. 
 7.5. Assuming the truth of the representations and warranties set forth in Section 6.9, no
“business combination”, “control share acquisition”, “fair price”, “moratorium” or other anti-takeover Laws (each, a “Takeover Law”) apply or will apply to CBS by reason of this Agreement, the
Merger Agreement, the Merger or any of the transactions contemplated hereby or thereby. 

  
 10 

 8. Representations, Warranties and Covenants of Viacom. Viacom hereby represents and
warrants to CBS and the NAI Parties as follows: 
 8.1. Viacom is a corporation duly organized and validly existing and in good
standing under the laws of the State of Delaware. 
 8.2. Viacom has all necessary corporate power and corporate authority to execute and
deliver this Agreement and to perform its obligations hereunder. The execution and delivery by Viacom of this Agreement and the performance of its obligations hereunder have been duly authorized by all necessary action of Viacom. This Agreement has
been duly executed and delivered by Viacom and, assuming the due authorization, execution and delivery of this Agreement by CBS and the NAI Parties, constitutes the legal, valid and binding obligation of Viacom, enforceable against it in accordance
with its terms, except as limited by the Bankruptcy and Equity Exception. 
 8.3. The execution and delivery of this Agreement by Viacom and
the performance of its obligations hereunder will not (a) conflict or violate any provision of (i) the Viacom Organizational Documents or (ii) the Organizational Documents of any of Viacom’s Subsidiaries, (b) violate any Law
or Order applicable to Viacom or any of its Subsidiaries, (c) violate or constitute a breach of or default (with or without notice or lapse of time, or both) under, or give rise to a right of termination, modification, or cancelation of any
obligation or to the loss of any benefit pursuant to, any of the terms or provisions of any Contract to which Viacom or any of its Subsidiaries is a party or accelerate Viacom’s or, if applicable, any of its Subsidiaries’ obligations under
any such Contract or (d) result in the creation of any Lien (other than a Permitted Lien) on any properties or assets of Viacom or any of its Subsidiaries, except, in the case of clause (a)(ii), (b), (c) and (d), for any breach, violation,
termination, default, creation or acceleration that would not, individually or in the aggregate, reasonably be expected to impair the ability of Viacom to perform its obligations under this Agreement on a timely basis. 

8.4. No Takeover Laws apply or will apply to Viacom by reason of this Agreement, the Merger Agreement, the Merger or any of the transactions
contemplated hereby or thereby. 
 9. Stockholder Litigation. 

9.1. Viacom shall provide NAI with prompt notice (in accordance with this Agreement) of any stockholder litigation or claim against Viacom or
any of its directors or officers relating to this Agreement, the Merger Agreement, the Governance Agreement, the Merger or any of the other agreements, transactions or filings contemplated by this Agreement, the Merger Agreement or the Governance
Agreement (“Viacom Transaction Litigation”) and, subject to applicable law, shall provide NAI copies of all material pleadings with respect thereto. If any NAI Party, NAI Related Party or any of their respective officers, directors
or managers is also, and remains, a party to any Viacom Transaction Litigation, (i) Viacom shall (and shall cause each of 

  
 11 

 
its directors and officers to) consult with NAI with respect to the defense, settlement and prosecution of such Viacom Transaction Litigation and shall consider in good faith NAI’s advice
with respect to such Viacom Transaction Litigation and (ii) Viacom may not compromise, settle or come to an arrangement regarding, or offer or agree to compromise, settle or come to an arrangement regarding, such Viacom Transaction Litigation
without the prior written consent of NAI (which consent shall not be unreasonably withheld, conditioned or delayed); provided, however, that nothing herein shall limit the ability of the Board of Directors of Viacom or any member
thereof to compromise, settle or come to an arrangement regarding, or offer or agree to compromise, settle or come to an arrangement regarding, any Viacom Transaction Litigation so long as any such compromise, settlement or arrangement complies with
the terms set forth on Schedule II hereto. 
 9.2. CBS shall provide NAI with prompt notice (in accordance with this Agreement) of any
stockholder litigation or claim against CBS or any of its directors or officers relating to this Agreement, the Merger Agreement, the Governance Agreement, the Merger or any of the other agreements, transactions or filings contemplated by this
Agreement, the Merger Agreement or the Governance Agreement (“CBS Transaction Litigation”) and, subject to applicable law, shall provide NAI copies of all material pleadings with respect thereto. If any NAI Party, NAI Related Party
or any of their respective officers, directors or managers is also, and remains, a party to any CBS Transaction Litigation, (i) CBS shall (and shall cause each of its directors and officers to) consult with NAI with respect to the defense,
settlement and prosecution of such CBS Transaction Litigation and shall consider in good faith NAI’s advice with respect to such CBS Transaction Litigation and (ii) CBS may not compromise, settle or come to an arrangement regarding, or
offer or agree to compromise, settle or come to an arrangement regarding, such CBS Transaction Litigation without the prior written consent of NAI (which consent shall not be unreasonably withheld, conditioned or delayed); provided,
however, that nothing herein shall limit the ability of the Board of Directors of CBS or any member thereof to compromise, settle or come to an arrangement regarding, or offer or agree to compromise, settle or come to an arrangement
regarding, any CBS Transaction Litigation so long as any such compromise, settlement or arrangement complies with the terms set forth on Schedule III hereto. 

9.3. The NAI Parties shall provide both Viacom and CBS with prompt notice (in accordance with this Agreement) of any stockholder litigation or
claim against any NAI Party, any NAI Related Party or any of their respective officers, directors or managers relating to this Agreement, the Merger Agreement, the Governance Agreement, the Merger or any of the other agreements, transactions or
filings contemplated by this Agreement, the Merger Agreement or the Governance Agreement (“NAI Transaction Litigation”) and, subject to applicable law, shall provide Viacom and CBS copies of all material pleadings with
respect thereto. If Viacom or any of its directors or officers is also, and remains, a party to any NAI Transaction Litigation, (i) each NAI Party shall (and shall cause each NAI Related Party and each of its and their respective officers,
directors or managers to) consult with Viacom with respect to the defense, settlement and prosecution of such NAI Transaction Litigation and shall consider in good faith Viacom’s advice with respect to such NAI Transaction Litigation and
(ii) no NAI Party may compromise, settle or come to an arrangement regarding, or offer or agree to compromise, settle or come to an arrangement regarding, such NAI Transaction Litigation without the prior written consent of Viacom (which
consent shall not be unreasonably withheld, conditioned or delayed). If CBS or any of its directors or officers is also, and remains, a party to any NAI Transaction Litigation, (i) 

  
 12 

 
each NAI Party shall (and shall cause each NAI Related Party and its and their respective officers, directors or managers to) consult with CBS with respect to the defense, settlement and
prosecution of such NAI Transaction Litigation and shall consider in good faith CBS’s advice with respect to such NAI Transaction Litigation and (ii) no NAI Party may compromise, settle or come to an arrangement regarding, or offer or
agree to compromise, settle or come to an arrangement regarding, such NAI Transaction Litigation without the prior written consent of CBS (which consent shall not be unreasonably withheld, conditioned or delayed). 

10. Modifications, Amendments and Waivers of the Merger Agreement. Each of the Merger Agreement Parties agrees not to modify, amend or
waive (a) the provisions of Article 1, Article 8, Article 9 or Article 10 of the Merger Agreement or Exhibit B, Exhibit C, Schedule 1.06(a), Schedule 1.06(c), Schedule 1.06(d)(i) or Schedule 1.06(d)(ii) thereto or (b) any other provision
of the Merger Agreement in a manner inconsistent with Article 1, Article 8, Article 9 or Article 10 of the Merger Agreement or Exhibit B, Exhibit C, Schedule 1.06(a), Schedule 1.06(c), Schedule 1.06(d)(i) or Schedule 1.06(d)(ii) thereto at any time
without the express prior written consent of NAI (which consent shall not be unreasonably withheld, conditioned or delayed). 
 11.
Notices under the Merger Agreement. Each of the Merger Agreement Parties shall deliver a copy of any notice, request, instruction or other communication or document it gives or makes under the Merger Agreement concurrently to NAI and its
counsel in accordance with Section 17.4. 
 12. Third Party Beneficiaries of Section 7.13 of
the Merger Agreement. Each of the Merger Agreement Parties agrees that each of the NAI Parties shall be a third-party beneficiary of Section 7.13 of the Merger Agreement, entitled to enforce such section in accordance with its terms. 

13. Termination. Other than Sections 7.4, 9, 13 and 17, which shall survive any termination of this
Agreement, this Agreement shall terminate and shall have no further force or effect immediately as of and following the Expiration Time. Notwithstanding the foregoing, nothing herein shall relieve any party hereto from liability for any breach of
this Agreement that occurred prior to such termination. 
 14. Duties. The NAI Parties are entering into this Agreement solely in
their capacities as Beneficial Owners of the Shares or an officer, director, manager, member, settlor, beneficiary or trust of such Beneficial Owners and nothing in this Agreement shall apply to any Person serving in his or her capacity as a
director or officer of CBS or Viacom. 
 15. No Ownership Interest. Nothing contained in this Agreement shall be deemed to vest in CBS
or Viacom any direct or indirect ownership or incidence of ownership of or with respect to the Shares. All rights, ownership and economic benefits of and relating to the Shares shall remain vested in and belong to the NAI Parties, and neither CBS
nor Viacom shall have the authority to direct the NAI Parties in the voting or disposition of any Shares, except as otherwise expressly provided herein. 

16. No Obligation to Exercise. No provision of this Agreement shall require the NAI Parties to exercise any option, warrant, convertible
security or other security or contract right convertible into shares of CBS Voting Common Stock or Viacom Voting Common Stock; provided, for the avoidance of doubt, that upon any such exercise, the shares of CBS Voting Common Stock or Viacom
Voting Common Stock, as applicable, acquired by the NAI Parties pursuant thereto shall be Shares for all purposes hereunder. 

  
 13 

 17. Miscellaneous. 

17.1. Further Assurances. CBS, Viacom and each NAI Party will each execute and deliver, or cause to be executed and delivered, all
further documents and instruments and use its reasonable best efforts to take, or cause to be taken, all actions necessary to comply with its obligations under this Agreement. 

17.2. Assignment. No party hereto shall assign this Agreement or any rights or obligations hereunder without the prior written consent
of each of CBS, Viacom and NAI and any such attempted assignment without such prior written consent shall be void and of no force and effect. This Agreement shall inure to the benefit of and shall be binding upon the successors and permitted assigns
of the parties hereto. Any purported direct or indirect assignment in violation of this Section 17.2 shall be null and void ab initio. 

17.3. Amendments and Waivers. No amendment, modification or discharge of this Agreement, and no waiver hereunder, and no extension of
time for the performance of any of the obligations hereunder, shall be valid or binding unless set forth in writing and duly executed by the parties. Any such waiver shall constitute a waiver only with respect to the specific matter described in
such writing and shall in no way impair the rights of any party granting any waiver in any other respect or at any other time. The waiver by any party of a breach of, or a default under, any of the provisions hereof, or to exercise any right or
privilege hereunder, shall not be construed as a waiver of any other breach or default of a similar nature, or as a waiver of any of such provisions, rights or privileges hereunder. Except as expressly provided in this Agreement, the rights and
remedies herein provided are cumulative and none is exclusive of any other, or of any rights or remedies that any party may otherwise have at law or in equity. 

17.4. Notices. All notices, requests, instructions or other communications or documents to be given or made hereunder by any party to
the other parties to this Agreement shall be in writing and (a) served by personal delivery upon the party for whom it is intended, (b) by an internationally recognized overnight courier service upon the party for whom it is intended or
(c) sent by e-mail, provided that a hard copy is also sent in accordance with the delivery methods set forth in clause (a) or (b) of this Section 17.4: 

 

	 	(i)	 if to CBS, to: 

CBS Corporation 
 51 W. 52nd Street 
 New York, NY 10019 

Attention:            Laura Franco 

Email:                 laura.franco@cbs.com 

with a copy (which shall not constitute notice) to: 

  
 14 

 Paul, Weiss, Rifkind, Wharton & Garrison LLP 

1285 Avenue of the Americas 

New York, NY 10019-6064 

Attention:       Robert B. Schumer 

                     
    Ariel J. Deckelbaum 

                     
    Michael Vogel 
 E-mail:
         rschumer@paulweiss.com 

             ajdeckelbaum@paulweiss.com 

             mvogel@paulweiss.com 

 

	 	(ii)	 if to Viacom, to: 

Viacom Inc. 
 1515 Broadway 

New York, NY 10036 

Attention:        Christa A. D’Alimonte, Executive Vice President, 

              General Counsel and Secretary 

Email:             Christa.DAlimonte@viacom.com 

with a copy (which shall not constitute notice) to: 

Cravath, Swaine & Moore LLP 

Worldwide Plaza 
 825 Eighth
Avenue 
 New York, NY 10019 

Attention:         Faiza J. Saeed 

                Damien R. Zoubek 

                O. Keith Hallam, III 

E-mail:
              fsaeed@cravath.com 

                dzoubek@cravath.com 

                khallam@cravath.com 

 

	 	(iii)	 if to the NAI Parties, to: 

National Amusements, Inc. 
 846
University Avenue 
 Norwood, MA 02062 

Attention:        Paula Keough 

Email:              pkeough@national-amusements.com 

with a copy (which shall not constitute notice) to: 

Cleary Gottlieb Steen & Hamilton LLP 

One Liberty Plaza 
 New York, NY
10006 
 Attention:         Christopher E. Austin 

                Paul M. Tiger 

E-mail:             caustin@cgsh.com 

                ptiger@cgsh.com 

  
 15 

 Any party may change its address for the purpose of this Section 17.4 by giving
the other party written notice of its new address in the manner set forth above. Any notice, request, instruction or other communication or document given as provided above shall be deemed given to the receiving party (x) upon actual receipt,
if delivered personally, (y) on the second (2nd) Business Day after deposit with an overnight courier, if sent by an overnight courier, or (z) upon confirmation of successful transmission if sent by email. Copies to outside counsel are for
convenience only. 
 17.5. Governing Law; Jurisdiction; Specific Performance. 

(a) This Agreement shall be construed, performed and enforced in accordance with, and governed by, the Laws of the State of Delaware, without
giving effect to any choice or conflict of law provision or rule that would cause the application of the laws of any jurisdiction other than the State of Delaware. Each of the parties hereto irrevocably agrees that any legal action or proceeding
with respect to this Agreement and the rights and obligations arising hereunder, or for recognition and enforcement of any judgment in respect of this Agreement and the rights and obligations arising hereunder brought by the other party(ies) hereto
or its successors or assigns shall be brought and determined exclusively in the Delaware Court of Chancery and any state appellate court therefrom within the State of Delaware, or in the event (but only in the event) that such court does not have
subject matter jurisdiction over such action or proceeding, any state or federal court within the State of Delaware. Each of the parties hereto hereby irrevocably submits with regard to any such action or proceeding for itself and in respect of its
property, generally and unconditionally, to the personal jurisdiction of the courts set forth in this paragraph and agrees that it will not bring any action relating to this Agreement or any of the transactions contemplated by this Agreement in any
court other than such courts. Each of the parties hereto hereby irrevocably waives, and agrees not to assert, by way of motion, as a defense, counterclaim or otherwise, in any action or proceeding with respect to this Agreement, (i) any claim
that it is not personally subject to the jurisdiction of the above named courts, (ii) any claim that it or its property is exempt or immune from jurisdiction of any such court or from any legal process commenced in such courts and (iii) to
the fullest extent permitted by applicable Law, any claim that (A) the suit, action or proceeding in such court is brought in an inconvenient forum, (B) the venue of such suit, action or proceeding is improper or (C) this Agreement,
or the subject matter hereof, may not be enforced in or by such courts. Each of the parties hereto agrees that a final judgment in any action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in
any other manner provided by Law. To the fullest extent permitted by applicable Law, each of the parties hereto hereby consents to the service of process in accordance with Section 17.4; provided, that nothing herein
shall affect the right of any party to serve legal process in any other matter permitted by Law. 
 (b) EACH PARTY HERETO HEREBY ON BEHALF OF
ITSELF AND ITS SUBSIDIARIES IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION OR PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT AND ANY OF THE AGREEMENTS
DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. EACH PARTY HERETO CERTIFIES AND ACKNOWLEDGES THAT (I) NO REPRESENTATIVE, AGENT OR 

  
 16 

 
ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE ANY OF SUCH WAIVERS, (II) IT UNDERSTANDS AND
HAS CONSIDERED THE IMPLICATIONS OF SUCH WAIVERS, (III) IT MAKES SUCH WAIVERS VOLUNTARILY, AND (IV) IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 17.5.

 (c) The parties agree that irreparable damage would occur and that the parties would not have any adequate remedy at law in the event that
any of the provisions of this Agreement were not performed, or were threatened not to be performed, in accordance with their specific terms or were otherwise breached and that any defense in any action for specific performance that a remedy at law
would be adequate is hereby waived. It is accordingly agreed that the parties shall be entitled to an injunction or injunctions to prevent breaches or threatened breaches of this Agreement and to enforce specifically the terms and provisions of this
Agreement (in addition to any and all other rights and remedies at law or in equity, and all such rights and remedies shall be cumulative, except, in each case, as may be limited by Section 9.02 of the Merger Agreement). Any requirements for
the securing or posting of any bond in connection with or as a condition to obtaining any such remedy are waived. Each of the parties agrees that it will not oppose the granting of an injunction, specific performance or other equitable relief on the
basis that any other party has an adequate remedy at law or that any award of specific performance is not an appropriate remedy for any person at law or in equity. 

17.6. Interpretation. The section and paragraph headings in this Agreement are for reference purposes only and shall not affect the
meaning or interpretation of this Agreement. The parties have participated jointly in the negotiation and drafting of this Agreement. If any ambiguity or question of intent arises, this Agreement will be construed as if drafted jointly by the
parties and no presumption or burden of proof will arise favoring or disfavoring any party because of the authorship of any provision of this Agreement. 

17.7. Entire Agreement; No Other Representations. This Agreement, the Merger Agreement, the Governance Agreement, the Settlement and
Release Agreement, dated September 9, 2018, by and among CBS, NAI and certain other Persons (as amended by that certain Amendment No. 1 to Settlement and Release Agreement, dated as of the date hereof, the “Settlement
Agreement”) and the Confidentiality Agreement and the exhibits and schedules hereto and thereto contain the entire understanding among the parties hereto with respect to the matters contemplated hereby and supersede and replace all prior
and contemporaneous agreements and understandings, oral or written, with regard to such matters. For the avoidance of doubt, this Agreement does not amend, modify or supersede in any way the Settlement Agreement, which shall remain in full force and
effect. 
 17.8. No Third-Party Beneficiaries. Nothing in this Agreement is intended to confer, or does confer, any rights or remedies
under or by reason of this Agreement on any Persons other than the parties hereto and their respective successors and permitted assigns. 

17.9. Expenses. All fees and expenses incurred in connection with this Agreement and the obligations hereunder, including all legal,
accounting, financial advisory, consulting and all other fees and expenses of third parties incurred by a party in connection with the negotiation and effectuation of the terms and conditions of this Agreement and the transactions contemplated
hereby, shall be the obligation of the respective party incurring such fees and expenses. 

  
 17 

 17.10. Severability. In the event that any part of this Agreement is declared by any
court or other judicial or administrative body to be null, void or unenforceable, all of the other provisions of this Agreement shall remain in full force and effect, with no effect on the validity or enforceability of such other provisions. If any
provision of this Agreement, or the application of such provision to any Person or any circumstance, is invalid or unenforceable, (a) a suitable and equitable provision shall be substituted therefor in order to carry out, so far as may be valid
and enforceable, the intent and purpose of such invalid or unenforceable provision and (b) the remainder of this Agreement and the application of such provision to other Persons or circumstances shall not be affected by such invalidity or
unenforceability, nor shall such invalidity or unenforceability affect the validity or enforceability of such provision, or the application of such provision, in any other jurisdiction. 

17.11. Counterparts. This Agreement may be executed in counterparts, (including by facsimile, “.pdf” files or other electronic
transmission) each of which shall be deemed an original, but all of which when taken together shall constitute the same instrument. 
 17.12.
Affiliated Entities. To the extent that any Controlled Affiliate of any NAI Party is a stockholder of CBS or Viacom, such NAI Party shall cause such Controlled Affiliate to comply with all obligations under this Agreement applicable to the
NAI Parties and the NAI Parties, and in furtherance of the foregoing, if any Controlled Affiliate of an NAI Party becomes a Beneficial Owner of Shares on or after the date hereof, (i) such NAI Party shall give each of CBS and Viacom written
notice thereof in advance of such Controlled Affiliate becoming a Beneficial Owner and (ii) such Controlled Affiliate shall, and the applicable NAI Party shall cause such Controlled Affiliate to, promptly (and in advance of such Controlled
Affiliate becoming a Beneficial Owner, if reasonably practicable) execute a joinder to this Agreement substantially in the form of Annex I, and to execute any and all documents or instruments and take such other actions required, or otherwise
reasonably requested by CBS or Viacom, to ensure that such Controlled Affiliate is subject to the obligations under this Agreement applicable to the NAI Parties and the NAI Parties and that such Shares are subject to this Agreement (provided,
that any failure to execute such documents or instruments or take such other actions shall not affect such obligations hereunder). 

[Signature page follows] 

  
 18 

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

			
	CBS CORPORATION
		
	By:	 	 /s/ Joseph R. Ianniello

		 	Name: Joseph R. Ianniello
		 	Title: President and Acting Chief Executive Officer

 [Signature Page to Support Agreement] 

 
			
	VIACOM INC.
		
	By:	 	 /s/ Robert M. Bakish

		 	Name: Robert M. Bakish
		 	Title: President & Chief Executive Officer

 [Signature Page to Support Agreement] 

 
			
	NATIONAL AMUSEMENTS, INC.
		
	By:	 	 /s/ Thaddeus Jankowski

	Name:	 	Thaddeus Jankowski
	Title:	 	Vice President
	
	NAI ENTERTAINMENT HOLDINGS LLC
		
	By:	 	 /s/ Thaddeus Jankowski

	Name:	 	Thaddeus Jankowski
	Title:	 	Vice President

 [Signature Page to Support Agreement] 

 Schedule I 

 Schedule II 

 Schedule III 

 Exhibit A 

FORM OF WRITTEN CONSENT OF STOCKHOLDER 

IN LIEU OF A MEETING 

 Exhibit B 

FORM OF WRITTEN CONSENT OF STOCKHOLDER 

IN LIEU OF A MEETING 

 Annex I 

Form of Joinder

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00299-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00299-of-00352.parquet"}]]