Document:

Exhibit 10.8

FORM OF

INDEMNIFICATION
AGREEMENT

 

THIS AGREEMENT (this “Agreement”)
is made and entered into as of September 16, 2022 between Rumble Inc., a Delaware corporation (the “Company”),
and [●] (“Indemnitee”).

 

R E C I T A L S

 

WHEREAS, Indemnitee performs
a valuable service for the Company;

 

WHEREAS, the Board of Directors
of the Company (the “Board”) adopted an updated Certificate of Incorporation and Bylaws (the “Charter
Documents”) providing for the indemnification of the officers and directors of the Company to the maximum extent authorized
the laws of the State of Delaware (“Law”);

 

WHEREAS, the Charter Documents
and the Law, by their nonexclusive nature, permit contracts between the Company and the officers or directors of the Company with respect
to indemnification of such officers or directors;

 

WHEREAS, in accordance with
the authorization as provided by the Law, the Company may purchase and maintain a policy or policies of directors’ and officers’
liability insurance (“D&O Insurance”), covering certain liabilities which may be incurred by its officers
or directors in the performance of their obligations to the Company;

 

[WHEREAS, Indemnitee has certain
rights to indemnification and/or insurance provided by [●] (collectively, the “Fund Indemnitors”) which
Indemnitee and the Fund Indemnitors intend to be secondary to the primary obligation of the Company to indemnify Indemnitee as provided
herein, with the Company’s acknowledgement and agreement to the foregoing being a material condition to Indemnitee’s willingness
to serve on the Board]1; and

 

WHEREAS, in order to induce
Indemnitee to serve as a director on the Board, the Company has determined and agreed to enter into this Agreement with Indemnitee with
the explicit acknowledgement of the intended third party beneficiaries set forth in Section 2 hereof.

 

NOW, THEREFORE, in consideration
of Indemnitee’s service as a director, the parties hereto agree as follows:

 

1.   Indemnity
of Indemnitee. The Company hereby agrees to hold harmless and indemnify Indemnitee to the fullest extent permitted by Law, as such
may be amended from time to time. In furtherance of the foregoing indemnification, and without limiting the generality thereof:

 

(a) Proceedings Other
Than Proceedings by or in the Right of the Company. Indemnitee shall be entitled to the rights of indemnification provided in
this Section l(a) if, by reason of Indemnitee’s Corporate Status (as hereinafter defined), Indemnitee is, or is
threatened to be made, a party to or participant in any Proceeding (as hereinafter defined) other than a Proceeding by or in the
right of the Company or any Enterprise. Pursuant to this Section 1(a), Indemnitee shall be indemnified against all Expenses
(as hereinafter defined) and Liabilities (as hereinafter defined) incurred or paid by Indemnitee or on Indemnitee’s behalf in
connection with such Proceeding or any claim, issue or matter therein, if the Indemnitee acted in good faith and in a manner
Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or any Enterprise and, with respect to
any criminal Proceeding, the Indemnitee had no reasonable cause to believe Indemnitee’s conduct was unlawful.

 

 

		1	Note: Fund Indemnitor language applicable for
directors associated with any other entity that provides D&O coverage.

 

     

     

    

 

(b)   Proceedings
by or in the Right of the Company. Indemnitee shall be entitled to the rights of indemnification provided in this Section 1(b)
if, by reason of Indemnitee’s Corporate Status, Indemnitee is, or is threatened to be made, a party to or participant in any Proceeding
brought by or in the right of the Company or any Enterprise. Pursuant to this Section 1(b), Indemnitee shall be indemnified against
all Expenses incurred or paid by Indemnitee or on Indemnitee’s behalf in connection with such Proceeding if the Indemnitee acted
in good faith and in a manner the Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or any Enterprise;
provided, however, that, if applicable law so provides, no indemnification against such Expenses shall be made in respect of any claim,
issue or matter in such Proceeding as to which Indemnitee shall have been adjudged to be liable to the Company or any Enterprise unless
and to the extent that a competent court of valid jurisdiction shall determine that such indemnification may be made.

 

(c)   Indemnification
for Expenses of a Party Who is Wholly or Partly Successful. Notwithstanding and in addition to any other provision of this Agreement,
to the extent that Indemnitee is, by reason of Indemnitee’s Corporate Status, a party to and is successful, on the merits or otherwise,
in any Proceeding, Indemnitee shall be indemnified to the maximum extent permitted by law against all Expenses incurred or paid by Indemnitee
or on Indemnitee’s behalf in connection therewith. If Indemnitee is not wholly successful in such Proceeding but is successful,
on the merits or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding, the Company shall indemnify
Indemnitee against all Expenses incurred or paid by Indemnitee or on Indemnitee’s behalf in connection with each successfully resolved
claim, issue or matter. For purposes of this Section and without limitation, the termination of any claim, issue or matter in such a Proceeding
by dismissal, with or without prejudice, shall be deemed to be a successful result as to such claim, issue or matter.

 

2.   Additional
Indemnity.

 

(a)   In
addition to, and without regard to any limitations on, the indemnification provided for in Section 1, the Company shall and hereby
does indemnify and hold harmless Indemnitee against all Expenses and Liabilities incurred or paid by Indemnitee or on Indemnitee’s
behalf if, by reason of Indemnitee’s Corporate Status, Indemnitee is, or is threatened to be made, a party to or participant in
any Proceeding (including a Proceeding by or in the right of the Company or any Enterprise), including, without limitation, all liability
arising out of the negligence or active or passive wrongdoing of Indemnitee. The only limitation that shall exist upon the Company’s
obligations pursuant to this Agreement shall be that the Company shall not be obligated to make any payment to Indemnitee that is finally
determined (under the procedures, and subject to the presumptions, set forth in Sections 6, 7 and 20 hereof) to be
unlawful under the Law.

 

(b)   [If
any Fund Indemnitor is or was a party or is threatened to be made a party to or is otherwise involved in (including, without limitation,
as a witness or responding to discovery) any Proceeding, and such Fund Indemnitor’s involvement in the Proceeding arises from the
Indemnitee’s Corporate Status, or from such Fund Indemnitor’s financial interest (whether through equity, debt or otherwise)
in or control or alleged control of the Company or any Enterprise, then such Fund Indemnitor shall be entitled to all of the indemnification
rights and remedies (including, without limitation, the advancement of Expenses), and shall to the extent indemnified hereunder undertake
the obligations, of the Indemnitee under this Agreement to the same extent as the Indemnitee. The Company and Indemnitee agree that the
Fund Indemnitors are express third party beneficiaries of the terms hereof.]

 

3.   Contribution
in the Event of Joint Liability.

 

(a)   Whether
or not the indemnification provided in Sections 1 and 2 hereof is available, in respect of any threatened, pending or completed
action, suit or proceeding in which the Company or any Enterprise is jointly liable with Indemnitee (or would be if joined in such action,
suit or proceeding), the Company shall pay, in the first instance, the entire amount of any judgment or settlement of such action, suit
or proceeding without requiring Indemnitee to contribute to such payment and the Company hereby waives and relinquishes any right of contribution
it may have against Indemnitee. The Company shall not enter into any settlement of any action, suit or proceeding in which the Company
is jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding) unless such settlement provides for a full
and final release of all claims asserted against Indemnitee.

 

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(b)   Without
diminishing or impairing the obligations of the Company set forth in the preceding subparagraph, if, for any reason, Indemnitee shall
elect or be required to pay all or any portion of any judgment or settlement in any threatened, pending or completed action, suit or proceeding
in which the Company or any Enterprise is jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), the
Company shall contribute to the amount of Expenses and Liabilities incurred or paid by Indemnitee or on Indemnitee’s behalf in proportion
to the relative benefits received by the Company or such Enterprise and all officers, directors or employees of the Company or such Enterprise
other than the parties who are jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), on the one hand,
and Indemnitee, on the other hand, from the transaction from which such action, suit or proceeding arose; provided, however, that the
proportion determined on the basis of relative benefit may, to the extent necessary to conform to law, be further adjusted by reference
to the relative fault of the Company or any Enterprise and all officers, directors or employees of the Company or such Enterprise other
than the parties who are jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), on the one hand, and
Indemnitee, on the other hand, in connection with the events that resulted in such expenses, judgments, fines or settlement amounts, as
well as any other equitable considerations which the law may require to be considered.

 

(c)   The
Company hereby agrees to fully indemnify and hold Indemnitee harmless from any claims of contribution which may be brought by officers,
directors or employees of the Company or any Enterprise other than the parties who may be jointly liable with Indemnitee.

 

(d)   To
the fullest extent permissible under applicable law, if the indemnification provided for in this Agreement is unavailable to Indemnitee
for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred by Indemnitee, whether
for Liabilities and/or for Expenses, in connection with any claim relating to an indemnifiable event under this Agreement, in such proportion
as is deemed fair and reasonable in light of all of the circumstances of such Proceeding in order to reflect (i) the relative benefits
received by the Company or any Enterprise and Indemnitee as a result of the event(s) and/or transaction(s) giving cause to such Proceeding;
and/or (ii) the relative fault of the Company or any Enterprise (and its or their directors, officers, employees and agents) and Indemnitee
in connection with such event(s) and/or transaction(s).

 

4.   Indemnification
for Expenses of a Witness or in Response to a Subpoena. Notwithstanding any other provision of this Agreement, to the extent that
Indemnitee is a witness or is made (or asked to) respond to discovery requests in any Proceeding involving the Company or any Enterprise,
its or their officers, directors, shareholders or creditors to which Indemnitee is not a party, Indemnitee shall be indemnified against
all Expenses paid or incurred by Indemnitee in connection therewith and in the manner set forth in this Agreement.

 

5.   Advancement
of Expenses. Notwithstanding any other provision of this Agreement, the Company shall advance all Expenses incurred or paid by or
on behalf of Indemnitee in connection with any Proceeding within ten (10) days after the receipt by the Company of a statement or statements
from Indemnitee requesting such advance or advances from time to time, whether prior to or after final disposition of such Proceeding.
Such statement or statements shall reasonably evidence the Expenses incurred or paid by Indemnitee and shall include or be preceded or
accompanied by an undertaking by or on behalf of Indemnitee to repay any Expenses advanced if it shall ultimately be determined that Indemnitee
is not entitled to be indemnified against such Expenses. Any advances and undertakings to repay pursuant to this Section 5 shall
be unsecured and interest free and made without regard to Indemnitee’s financial ability to repay such Expenses.

 

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6.   Procedures
and Presumptions for Determination of Entitlement to Indemnification. It is the intent of this Agreement to secure for Indemnitee
rights of indemnity that are at least as favorable as may be permitted under the Law. Accordingly, the parties agree that the following
procedures and presumptions shall apply in the event of any question as to whether Indemnitee is entitled to indemnification under this
Agreement:

 

(a)   To
obtain indemnification under this Agreement, Indemnitee shall submit to the Company a written request, including therein or therewith
such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what
extent Indemnitee is entitled to indemnification, provided however that failure to so notify the Company shall not relieve the Company
of any of its obligations hereunder. The Secretary of the Company shall, promptly upon receipt of such a request for indemnification,
advise the Board in writing that Indemnitee has requested indemnification. Notwithstanding anything in this Agreement to the contrary,
no determination (if required by applicable law) as to entitlement to indemnification under this Agreement shall be required to be made
prior to the final disposition of the Proceeding.

 

(b)   Upon
written request by Indemnitee for indemnification pursuant to the first sentence of Section 6(a) hereof, a determination, if required
by a court of law, with respect to Indemnitee’s entitlement thereto shall be made in the specific case by one of the following four
methods, which shall be at the election of Indemnitee: (i) by a majority vote of the disinterested directors, even though less than a
quorum, (ii) by a committee of disinterested directors designated by a majority vote of the disinterested directors, even though less
than a quorum, (iii) by independent legal counsel in a written opinion to the Board, a copy of which shall be delivered to the Indemnitee,
or (iv) by the stockholders.

 

(c)   If
the determination of entitlement to indemnification is to be made by Independent Counsel pursuant to Section 6(b) hereof, the Independent
Counsel shall be selected as provided in this Section 6(c). The Independent Counsel shall be selected by Indemnitee (by the Board
at the request of the Indemnitee). Indemnitee or the Company, as the case may be, may, within ten (10) days after such written notice
of selection shall have been given, deliver to the Company or to Indemnitee, as the case may be, a written objection to such selection;
provided, however, that such objection may be asserted only on the ground that the Independent Counsel so selected does not meet the requirements
of “Independent Counsel” as defined in Section 13 of this Agreement, and the objection shall set forth with particularity
the factual basis of such assertion. Absent a proper and timely objection, the person so selected shall act as Independent Counsel. If
a written objection is made and substantiated, the Independent Counsel selected may not serve as Independent Counsel unless and until
such objection is withdrawn or a court has determined that such objection is without merit. If, within twenty (20) days after submission
by Indemnitee of a written request for indemnification pursuant to Section 6(a) hereof, no Independent Counsel shall have been
selected and not objected to, either the Company or Indemnitee may petition a court of competent jurisdiction for resolution of any objection
which shall have been made by the Company or Indemnitee to the other’s selection of Independent Counsel and/or for the appointment
as Independent Counsel of a person selected by the court or by such other person as the court shall designate, and the person with respect
to whom all objections are so resolved or the person so appointed shall act as Independent Counsel under Section 6(b) hereof. The
Company shall pay any and all reasonable fees and expenses of Independent Counsel incurred or paid by such Independent Counsel in connection
with acting pursuant to Section 6(b) hereof, and the Company shall pay all reasonable fees and expenses incident to the procedures
of this Section 6(c), regardless of the manner in which such Independent Counsel was selected or appointed.

 

(d)   In
making a determination with respect to entitlement to indemnification hereunder, the person or persons or entity making such determination
shall presume that Indemnitee is entitled to indemnification under this Agreement if Indemnitee has submitted a request for indemnification
in accordance with Section 6(a) of this Agreement. Anyone seeking to overcome this presumption shall have the burden of proof and
the burden of persuasion, by clear and convincing evidence.

 

(e)   Indemnitee
shall be deemed to have acted in good faith if Indemnitee’s action is based on the records or books of account of the Enterprise,
including financial statements, or on information supplied to an Indemnitee by the directors, officers, agents or employees of the Enterprise
in the course of their duties, or on the advice of legal counsel for the Enterprise or on information or records given or reports made
to the Enterprise by an independent certified public accountant or by an appraiser or other expert selected by the Enterprise. In addition,
the knowledge and/or actions, or failure to act, of any director, officer, agent or employee of the Enterprise shall not be imputed to
Indemnitee for purposes of determining the right to indemnification under this Agreement. Whether or not the foregoing provisions of this
Section 6(e) are satisfied, it shall in any event be presumed that Indemnitee has at all times acted in good faith and in
a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or any Enterprise. Anyone seeking
to overcome this presumption shall have the burden of proof and the burden of persuasion, by clear and convincing evidence.

 

(f)   If
the person, persons or entity empowered or selected under Section 6 to determine whether Indemnitee is entitled to indemnification shall
not have made a determination within thirty (30) days after receipt by the Company of the request therefor, the requisite determination
of entitlement to indemnification shall be deemed to have been made and Indemnitee shall be entitled to such indemnification, absent (i)
a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s statement not
materially misleading, in connection with the request for indemnification, or (ii) such indemnification is expressly prohibited under
applicable law; provided, however, that such thirty (30) day period may be extended for a reasonable time, not to exceed an additional
fifteen (15) days, if the person, persons or entity making the determination with respect to entitlement to indemnification in good faith
requires such additional time to obtain or evaluate documentation and/or information relating thereto; and provided, further, that the
foregoing provisions of this Section 6(g) shall not apply if the determination of entitlement to indemnification is to be
made by the stockholders pursuant to Section 6(b) of this Agreement and if (A) within fifteen (15) days after receipt by the Company
of the request for such determination the Board of Directors or the Disinterested Directors, if appropriate, resolve to submit such determination
to the stockholders for their consideration at an annual meeting thereof to be held within seventy five (75) days after such receipt and
such determination is made thereat, or (B) a special meeting of stockholders is called within fifteen (15) days after such receipt for
the purpose of making such determination, such meeting is held for such purpose within sixty (60) days after having been so called and
such determination is made thereat.

 

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(g)   Indemnitee
shall cooperate with the person, persons or entity making such determination with respect to Indemnitee’s entitlement to indemnification,
including providing to such person, persons or entity upon reasonable advance request any documentation or information which is not privileged
or otherwise protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary to such determination.
Any Independent Counsel, member of the Board, or stockholder of the Company shall act reasonably and in good faith in making a determination
of the Indemnitee’s entitlement to indemnification under the Agreement. Any costs or expenses (including attorneys’ fees and
disbursements) incurred by Indemnitee in so cooperating with the person, persons or entity making such determination shall be borne by
the Company (irrespective of the determination as to Indemnitee’s entitlement to indemnification) and the Company hereby indemnifies
and agrees to hold Indemnitee harmless therefrom.

 

(h)   The
Company acknowledges that a settlement or other disposition short of final judgment may be successful if it permits a party to avoid expense,
delay, distraction, disruption and uncertainty. In the event that any action, claim or proceeding to which Indemnitee is a party is resolved
in any manner other than by adverse judgment against Indemnitee (including, without limitation, settlement of such action, claim or proceeding
with or without payment of money or other consideration) it shall be presumed that Indemnitee has been successful on the merits or otherwise
in such action, suit or proceeding. Anyone seeking to overcome this presumption shall have the burden of proof and the burden of persuasion,
by clear and convincing evidence.

 

(i)   The
termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction, or upon a plea of
nolo contendere or its equivalent, shall not (except as otherwise expressly provided in this Agreement) of itself adversely affect the
right of Indemnitee to indemnification or create a presumption that Indemnitee did not act in good faith and in a manner which he reasonably
believed to be in or not opposed to the best interests of the Company or any Enterprise, with respect to any criminal Proceeding, that
Indemnitee had reasonable cause to believe that Indemnitee’s conduct was unlawful.

 

(j)   The
Company shall not enter into any settlement of any action, suit or proceeding in which the Indemnitee is or could reasonably become a
party unless such settlement provides for a full and final release of all claims asserted against the Indemnitee.

 

7.   Remedies
of Indemnitee.

 

(a)   In
the event that (i) a determination is made pursuant to Section 6 of this Agreement that Indemnitee is not entitled to indemnification
under this Agreement, (ii) advancement of Expenses is not timely made pursuant to Section 5 of this Agreement, (iii) no determination
of entitlement to indemnification shall have been made pursuant to Section 6(b) of this Agreement within ninety (90) days after
receipt by the Company of the request for indemnification, (iv) payment of indemnification is not made pursuant to this Agreement within
ten (10) days after receipt by the Company of a written request therefor, (v) no contribution has been timely made pursuant to Section
3 hereof or (vi) payment of indemnification is not made within ten (10) days after a determination has been made that Indemnitee
is entitled to indemnification or such determination is deemed to have been made pursuant to Section 6 of this Agreement, Indemnitee shall
be entitled to an adjudication in an appropriate court of competent jurisdiction, of Indemnitee’s entitlement to such indemnification.
The Company shall not oppose Indemnitee’s right to seek any such adjudication.

 

(b)   In
the event that a determination shall have been made pursuant to Section 6(b) of this Agreement that Indemnitee is not entitled
to indemnification, any judicial proceeding commenced pursuant to this Section 7 shall be conducted in all respects as a de
novo trial, on the merits and Indemnitee shall not be prejudiced by reason of that adverse determination under Section 6(b).

 

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(c)   If
a determination shall have been made pursuant to Section 6(b) of this Agreement that Indemnitee is entitled to indemnification,
the Company shall be bound by such determination in any judicial proceeding commenced pursuant to this Section 7, absent a prohibition
of such indemnification under applicable law.

 

(d)   In
the event that Indemnitee, pursuant to this Section 7, seeks a judicial adjudication of Indemnitee’s rights under, or to
recover damages for breach of, this Agreement, or to recover under any directors’ and officers’ liability insurance policies
maintained by the Company or any Enterprise, the Company shall pay on Indemnitee’s behalf, in advance, any and all expenses (of
the types described in the definition of Expenses in Section 13 of this Agreement) incurred or paid by Indemnitee in such judicial
adjudication, regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification, advancement of expenses
or insurance recovery. The Company shall, within ten (10) days after receipt by the Company of a written request therefor from Indemnitee,
advance such Expenses to Indemnitee pursuant to comparable procedures as those set forth in Section 5 with respect to advancement
of Expenses therein.

 

(e)   The
Company shall be precluded from asserting in any judicial proceeding commenced pursuant to this Section 7 that the procedures and
presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court that the Company is bound
by all the provisions of this Agreement. The Company shall indemnify Indemnitee against any and all Expenses and, if requested by Indemnitee,
shall (within ten (10) days after receipt by the Company of a written request therefore) advance, to the extent not prohibited by law,
such expenses to Indemnitee, which are incurred by Indemnitee in connection with any action brought by Indemnitee for indemnification
or advance of Expenses from the Company under this Agreement or under any directors’ and officers’ liability insurance policies maintained
by the Company, regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification, advancement of Expenses
or insurance recovery, as the case may be.

 

8.   Non-Exclusivity;
Survival of Rights; Insurance; Subrogation.

 

(a)   The
rights of indemnification as provided by this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may at any
time be entitled under applicable law, the organizational or constitutional documents of the Company or any Enterprise, the Bylaws, any
agreement, a vote of stockholders or a resolution of directors, or otherwise. No amendment, alteration or repeal of this Agreement or
of any provision hereof shall limit or restrict any right of Indemnitee under this Agreement in respect of any action taken or omitted
by the Indemnitee in Indemnitee’s Corporate Status prior to such amendment, alteration or repeal. To the extent that a change in
the Law, whether by statute or judicial decision, permits greater indemnification than would be afforded currently under the Bylaws and
this Agreement, the Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such change. No right or remedy herein
conferred is intended to be exclusive of any other right or remedy, and every other right and remedy shall be cumulative and in addition
to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment
of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other right or remedy.

 

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(b)   The
Indemnitee shall be covered by the D&O Insurance and any other insurance policy or policies providing liability insurance for directors,
officers, employees, or agents or fiduciaries of the Company or any Enterprise, and Indemnitee shall be covered by such policy or policies
in accordance with its or their terms to the maximum extent of the coverage available for any such director, officer, employee, agent
or fiduciary under such policy or policies. At the time of the receipt of a notice of a claim pursuant to the terms hereof, the Company
shall give prompt notice of the commencement of such proceeding to the insurers in accordance with the procedures set forth in the respective
policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee,
all amounts payable as a result of such proceeding in accordance with the terms of such policies.

 

(c)   [The
Company hereby acknowledges that Indemnitee has certain rights to indemnification, advancement of expenses and/or insurance provided by
the Fund Indemnitors. The Company hereby agrees (i) that it is the indemnitor of first resort (i.e., its obligations to Indemnitee are
primary and any obligation of the Fund Indemnitors to advance expenses or to provide indemnification for the same expenses or liabilities
incurred by Indemnitee are secondary), (ii) that it shall be required to advance the full amount of expenses incurred by Indemnitee and
shall be liable for the full amount of all Expenses, judgments, penalties, fines and amounts paid in settlement to the extent legally
permitted and as required by the terms of this Agreement and the memorandum and articles of association of the Company (or any other agreement
between the Company and Indemnitee), without regard to any rights Indemnitee may have against the Fund Indemnitors, and, (iii) that it
irrevocably waives, relinquishes and releases the Fund Indemnitors from any and all claims against the Fund Indemnitors for contribution,
subrogation or any other recovery of any kind in respect thereof. The Company further agrees that no advancement or payment by the Fund
Indemnitors on behalf of Indemnitee with respect to any claim for which Indemnitee has sought indemnification from the Company shall affect
the foregoing and the Fund Indemnitors shall have a right of contribution and/or be subrogated to the extent of such advancement or payment
to all of the rights of recovery of Indemnitee against the Company. The Company and Indemnitee agree that the Fund Indemnitors are express
third party beneficiaries of the terms hereof.]

 

(d)   Except
as provided in paragraph (c) above, in the event of any payment under this Agreement, the Company shall be subrogated to the extent of
such payment to all of the rights of recovery of Indemnitee [(other than against Fund Indemnitors)], who shall execute all papers required
and take all action necessary to secure such rights, including execution of such documents as are necessary to enable the Company to bring
suit to enforce such rights.

 

(e)   Except
as provided in paragraph (c) above the Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable
hereunder if and to the extent that Indemnitee has otherwise actually received such payment under any insurance policy, contract, agreement
or otherwise.

 

(f)   Except
as provided in paragraph (c) above the Company’s obligation to indemnify or advance Expenses hereunder to Indemnitee who is or was serving
as a director, officer, employee or agent of any Enterprise shall be reduced by any amount Indemnitee has actually received as indemnification
or advancement of expenses from such Enterprise.

 

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9.   Exception
to Right of Indemnification. Notwithstanding any other provision of this Agreement, Indemnitee shall not be entitled to indemnification
under this Agreement with respect to any Proceeding brought by Indemnitee, or any claim therein, unless (a) the bringing of such Proceeding
or making of such claim shall have been approved by the Board of Directors of the Company, (b) such Proceeding is being brought by the
Indemnitee to assert, interpret or enforce Indemnitee’s rights under this Agreement, or (c) the Company provides the indemnification,
in its sole discretion, pursuant to the powers vested in the Company under applicable law.

 

10.   Duration
of Agreement. All agreements and obligations of the Company contained herein shall continue during the period Indemnitee is an officer
or director of the Company or any Enterprise and shall continue thereafter so long as Indemnitee shall be subject to any Proceeding (or
any proceeding commenced under Section 7 hereof) by reason of Indemnitee’s Corporate Status, whether or not Indemnitee is
acting or serving in any such capacity at the time any liability or expense is incurred for which indemnification can be provided under
this Agreement. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective
successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of
the business or assets of the Company), assigns, spouses, heirs, executors and personal and legal representatives. This Agreement shall
continue in effect regardless of whether Indemnitee continues to serve as an officer or director of the Company or any other Enterprise
at the Company’s request.

 

11.   Security.
To the extent requested by the Indemnitee and approved by the Board of Directors of the Company, the Company may at any time and from
time to time provide security to the Indemnitee for the Company’s obligations hereunder through an irrevocable bank line of credit,
funded trust or other collateral. Any such security, once provided to the Indemnitee, may not be revoked or released without the prior
written consent of the Indemnitee.

 

12.   Enforcement.

 

(a)   The
Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order
to induce Indemnitee to serve as an officer or director of the Company, and the Company acknowledges that Indemnitee is relying upon this
Agreement in serving as an officer or director of the Company.

 

(b)   This
Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior
agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof.

 

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13.   Definitions.
For purposes of this Agreement:

 

(a)   “Corporate
Status” describes the status of a person or entity who is or was a director, officer, stockholder, employee, agent, consultant,
or fiduciary of the Company or any Enterprise.

 

(b)   “Disinterested
Director” means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification
is sought by Indemnitee.

 

(c)   “Enterprise”
shall mean the Company, any direct or indirect subsidiary of the Company and any other corporation, partnership, joint venture, trust,
employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company as a director, officer,
employee, agent or fiduciary.

 

(d)   “Expenses”
shall include all reasonable attorneys’ fees, retainers, court costs, transcript costs, fees of experts, witness fees, travel expenses,
duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, and all other disbursements or expenses
of the types customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating, participating,
or being or preparing to be a witness in a Proceeding, or being or preparing to be a witness in a Proceeding. Expenses also shall include
Expenses incurred in connection with any appeal resulting from any Proceeding, including without limitation the premium, security for,
and other costs relating to any cost bond, supersede as bond, or other appeal bond or its equivalent. Expenses, however, shall not include
amounts paid in settlement by Indemnitee or the amount of judgments or fines against Indemnitee.

 

(e)   “Independent
Counsel” means a reputable law firm, or a reputable member of a reputable law firm, that is experienced in matters of corporation
law and neither presently is, nor in the past five years has been, retained to represent: (i) the Company or Indemnitee in any matter
material to either such party (other than with respect to matters concerning the Indemnitee under this Agreement, or of other indemnitees
under similar indemnification agreements), or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder.
Notwithstanding the foregoing, the term “Independent Counsel” shall not include any person who, under the applicable standards
of professional conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee in an action
to determine Indemnitee’s rights under this Agreement. The Company agrees to pay the reasonable fees of the Independent Counsel
referred to above and to fully indemnify such counsel against any and all Expenses, claims, liabilities and damages arising out of or
relating to this Agreement or its engagement pursuant hereto.

 

(f)   “Liabilities”
includes judgments, penalties, fines, interest, assessments, charges and amounts paid in settlement.

 

    9

     

    

 

(g)   “Proceeding”
includes any threatened, pending or completed action, suit, arbitration, alternate dispute resolution mechanism, investigation, inquiry,
administrative hearing or any other actual, threatened or completed proceeding, whether brought by or in the right of the Company or otherwise
and whether civil, criminal, administrative or investigative, in which Indemnitee was, is or will be involved as a party or otherwise,
by reason of the fact that Indemnitee invested in the Company, Indemnitee facilitated or managed any investment in the Company, Indemnitee
is or was a director of the Company, by reason of any action taken by Indemnitee or of any inaction on Indemnitee’s part while acting
as an officer or director of the Company, or by reason of the fact that Indemnitee is or was serving at the request of the Company as
a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other Enterprise; in each case whether
or not Indemnitee is acting or serving in any such capacity at the time any liability or expense is incurred for which indemnification
can be provided under this Agreement; including one pending on or before the date of this Agreement; and excluding one initiated by an
Indemnitee pursuant to Section 7 of this Agreement to enforce Indemnitee’s rights under this Agreement.

 

14.   Severability.
If any provision or provisions of this Agreement shall be held by a court of competent jurisdiction to be invalid, void, illegal or otherwise
unenforceable for any reason whatsoever: (a) the validity, legality and enforceability of the remaining provisions of this Agreement (including
without limitation, each portion of any section of this Agreement containing any such provision held to be invalid, illegal or unenforceable,
that is not itself invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby and shall remain enforceable
to the fullest extent permitted by law; and (b) to the fullest extent possible, the provisions of this Agreement (including, without limitation,
each portion of any section of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not
itself invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested thereby.

 

15.   Other
Directors. The Company hereby agrees that no other director, stockholder or fiduciary of the Company will take the benefit of any
indemnification terms, provisions or agreements more favorable than those contained in the document. In the event that the Company grants
or has granted any indemnification terms, provisions or agreements to any director, stockholder or fiduciary of the Company, the Indemnitee
and [the Fund Indemnitors] shall automatically be granted equivalent rights to such rights granted such other directors, stockholders
or fiduciaries of the Company.

 

16.   Modification
and Waiver. No supplement, modification, termination or amendment of this Agreement shall be binding unless executed in writing by
both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other
provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver.

 

17.   Notice
By Indemnitee. Indemnitee agrees promptly to notify the Company in writing upon being served with any summons, citation, subpoena,
complaint, indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification covered
hereunder. The failure to so notify the Company shall not relieve the Company of any obligation which it may have to the Indemnitee under
this Agreement or otherwise unless and only to the extent that such failure or delay materially prejudices the Company.

 

    10

     

    

 

18.   Notices.
All notices, requests, demands and other communications hereunder shall be in writing and shall be deemed to have been duly given if (i) delivered
by hand and receipted for by the party to whom said notice or other communication shall have been directed, or (ii) mailed by certified
or registered mail with postage prepaid, on the third business day after the date on which it is so mailed:

 

(a)   If
to the Company:

 

Rumble Inc.
 

444 Gulf of Mexico Dr.

Longboat Key, FL 34228

Email: [REDACTED]

Attention: Christopher Pavlovski and Michael Ellis

 

with copies (which shall not constitute
notice) to:

 

Willkie Farr & Gallagher LLP

787 Seventh Avenue

New York, New York 10019

Email: rleaf@willkie.com and sewen@willkie.com

Attention: Russell Leaf and Sean Ewen

 

(b)   If
to Indemnitee,:

 

[__]

 

or to such other address as
may have been furnished to Indemnitee by the Company or to the Company by Indemnitee, as the case may be.

 

19.   Identical
Counterparts. This Agreement may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an
original but all of which together shall constitute one and the same Agreement. Only one such counterpart signed by the party against
whom enforceability is sought needs to be produced to evidence the existence of this Agreement.

 

20.   Headings.
The headings of the paragraphs of this Agreement are inserted for convenience only and shall not be deemed to constitute part of this
Agreement or to affect the construction thereof.

 

21.   Governing
Law. The parties agree that this Agreement shall be governed by, and construed and enforced in accordance with, the laws of the State
of Delaware without application of the conflict of laws principles thereof. Any reference made in this Agreement to a judicial determination,
decision or action of the Court of Chancery of the State of Delaware or another court of competent jurisdiction shall mean a final, non-appealable
order.

 

22.   Gender.
Use of the masculine pronoun shall be deemed to include usage of the feminine and gender-neutral pronoun where appropriate.

 

    11

     

    

 

[The remainder of page intentionally left blank.]

 

    12

     

    

 

IN WITNESS WHEREOF, the parties
hereto have executed this Agreement on and as of the day and year first above written.

 

	 	COMPANY:
	 	 	 
	 	RUMBLE INC.
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 	 
	 	DIRECTOR:
	 	 	 
	 	 	 
	 	 	 
	 	 	Address:
	 	 	c/o

 

    13Exhibit 10.9

 

AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT

 

THIS AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT
(this “Agreement”), dated as of September 16, 2022, is made and entered into by and among Rumble Inc. (formerly
known as CF Acquisition Corp. VI), a Delaware corporation (the “Company”), CFAC Holdings VI, LLC, a Delaware
limited liability company (the “Sponsor”), the undersigned parties listed under Existing Holders on the signature
page hereto (each such party, together with the Sponsor, an “Existing Holder” and collectively the “Existing
Holders”) and the undersigned parties listed under New Holders on the signature page hereto (each such party, together with
any person or entity deemed a “New Holder” who hereafter becomes a party to this Agreement pursuant to Section 5.2
of this Agreement, a “New Holder” and collectively the “New Holders”). Capitalized
terms used but not otherwise defined in this Agreement shall have the meaning ascribed to such term in the Business Combination Agreement
(as defined below).

 

RECITALS 

 

WHEREAS, the Company and the Existing Holders
are party to that certain Registration Rights Agreement dated February 18, 2021 (the “Existing Registration Rights Agreement”),
pursuant to which the Company granted the Existing Holders certain registration rights with respect to certain securities of the Company;

 

WHEREAS, the Company entered into that certain
Business Combination Agreement (the “Business Combination Agreement”), dated as of December 1, 2021, by and
between the Company and Rumble Canada, Inc. (formerly known as Rumble Inc.), a corporation formed under the laws of the Province of Ontario,
Canada (“Rumble”);

 

WHEREAS, upon the closing of the transactions
contemplated by the Business Combination Agreement (the “Closing”) and subject to the terms and conditions set
forth therein, the New Holders received shares of the Company’s Class A common stock, par value $0.0001 per share (the “Common
Stock”), or shares of ExchangeCo (“ExchangeCo Stock”) that are exchangeable for shares of Common
Stock;

 

WHEREAS, certain of the shares of Common
Stock and ExchangeCo Stock are designated as Seller Escrow Shares (as defined in the Business Combination Agreement) under the Business
Combination Agreement and will be released from escrow upon the achievement of certain Triggering Events (as defined in the Business Combination
Agreement) as specified in the Business Combination Agreement;

 

WHEREAS, the Sponsor owns 7,480,000 shares
of Common Stock that, upon Closing, were converted from an equal number of shares of the Company’s Class B common stock, par value
$0.0001 per share (the “Class B Common Stock”) and the other Existing Holders own an aggregate of 20,000 shares
of Common Stock that, upon Closing, were converted from an equal number of shares of Class B Common Stock, that were initially acquired
from the Company in April 2020 (such shares of Common Stock, the “Initial Founder Shares”);

 

WHEREAS, on February 23, 2021 and pursuant
to that certain Private Placement Units Purchase Agreement (the “Private Placement Agreement”) between the Company
and the Sponsor dated February 18, 2021, the Sponsor purchased 700,000 units of the Company (the “Private Placement Units”),
each such Private Placement Unit consisting of one share of Common Stock and one-fourth of one warrant, in a private placement transaction
occurring simultaneously with the closing of the Company’s initial public offering; each whole warrant entitling the holder thereof
to purchase one share of Common Stock at a price of $11.50 per share (which such Private Placement Units, upon the Closing, were separated
into their constituent parts consisting of 700,000 shares of Common Stock (the “Private Placement Shares”) and
175,000 warrants (the “Private Placement Warrants”));

 

WHEREAS, the Company and the Sponsor entered
into that certain Sponsor Support Agreement (the “Sponsor Agreement”), dated as of December 1, 2021, wherein
the Sponsor agreed, in connection with the Closing, to subject certain of the Founder Shares held by the Sponsor to certain vesting requirements,
in accordance with the terms of the Sponsor Agreement;

 

     

     

    

 

WHEREAS, on February 18, 2021, the Company
entered into that certain Forward Purchase Contract with the Sponsor pursuant to which the Sponsor purchased, concurrently with the Closing,
(i) 1,500,000 share of Common Stock (the “Base Forward Purchase Shares”), (ii) 375,000 warrants; each whole
warrant entitling the holder thereof to purchase one share of Common Stock at a price of $11.50 per share (the “Forward Purchase
Warrants”), and (iii) an additional 375,000 shares of Common Stock (for no additional consideration) (the “Forward
Purchase Founder Shares” and together with the Initial Founder Shares, the “Founder Shares”);

 

WHEREAS, pursuant to Section 5.5 of the
Existing Registration Rights Agreement, the provisions, covenants and conditions set forth therein may be amended or modified upon the
written consent of the Company and the Existing Holders of a majority-in-interest of the “Registrable Securities” (as such
term was defined in the Existing Registration Rights Agreement) at the time in question; and

 

WHEREAS, the Company and all of the Existing
Holders desire to amend and restate the Existing Registration Rights Agreement in order to provide the Existing Holders and the New Holders
certain registration rights with respect to certain securities of the Company, as set forth in this Agreement.

 

NOW, THEREFORE, in consideration
of the representations, covenants and agreements contained herein, and certain 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:

 

ARTICLE I 

DEFINITIONS

 

1.1 Definitions. The terms defined in this
Article I shall, for all purposes of this Agreement, have the respective meanings set forth below:

 

“Adverse Disclosure”
shall mean any public disclosure of material non-public information, which disclosure, in the good faith judgment of the Board, after
consultation with the executive officers of and counsel to the Company, (i) would be required to be made in any Registration Statement
or Prospectus in order for the applicable Registration Statement or Prospectus not to contain any untrue statement of a material fact
or omit to state a material fact necessary to make the statements contained therein (in the case of any prospectus and any preliminary
prospectus, in the light of the circumstances under which they were made) not misleading, (ii) would not be required to be made at such
time if the Registration Statement were not being filed, and (iii) the Company has a bona fide business purpose for not making such information
public.

 

“Agreement” shall have
the meaning given in the Preamble.

 

“Base Forward Purchase Shares”
shall have the meaning given in the Recitals hereof.

 

“Block Trade” means an
offering and/or sale of Registrable Securities by any Holder on a block trade or underwritten basis (whether firm commitment or otherwise)
without substantial marketing efforts prior to pricing, including, without limitation, a same day trade, overnight trade or similar transaction.

 

“Board” shall mean the
Board of Directors of the Company.

 

“Business Combination Agreement”
shall have the meaning given in the Recitals hereto.

 

“Class B Common Stock”
shall have the meaning given in the Recitals hereto.

 

“Closing” shall have
the meaning in the Recitals hereto.

 

“Company” shall have
the meaning given in the Preamble.

 

“Common Stock” shall
have the meaning given in the Recitals hereto.

 

“Company Shelf Takedown Notice”
shall have the meaning given in subsection 2.1.3.

 

    - 2 -

     

    

 

“Demand Registration”
shall have the meaning given in subsection 2.2.1.

 

“Demanding Holders” shall
have the meaning given in subsection 2.2.1.

 

“Effectiveness Deadline”
shall have the meaning given in subsection 2.1.1.

 

“Exchange Act” shall
mean the Securities Exchange Act of 1934, as it may be amended from time to time.

 

“ExchangeCo Stock” shall
have the meaning in the Recitals hereto.

 

“Exchanged Company Option”
shall have the meaning set forth in the Business Combination Agreement.

 

“Existing Holders” shall
have the meaning in the Preamble.

“Existing Registration Rights Agreement” shall have the meaning given in the Recitals hereto.

 

“Form S-1 Shelf” shall
have the meaning given in subsection 2.1.1.

 

“Form S-3 Shelf” shall
have the meaning given in subsection 2.1.1.

 

“Forward Purchase Founder Shares”
shall have the meaning given in the recitals hereto.

 

“Forward Purchase Warrants”
shall have the meaning given in the recitals hereof.

 

“Founder Shares” shall
have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issued upon conversion thereof.

 

“Holders” shall mean
the Existing Holders and the New Holders and any person or entity who hereafter becomes a party to this Agreement pursuant to Section
5.2.

 

“Initial Founder Shares”
shall have the meaning in the Recitals hereto.

 

“Insider Letter” shall
mean that certain letter agreement, dated as of February 18, 2021, by and among the Company, the Sponsor and each of the Company’s
officers, directors and director nominees as of the date thereof.

 

“Lock-Up Period” shall
mean from the date hereof and ending on the earlier of (A) the one (1) year anniversary of the date of the Closing, (B) the date on which
the closing price of the shares of Common Stock on the stock exchange on which the shares of Common Stock is listed equals or exceeds
$15.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days
within any 30-trading day period commencing at least 150 days after the Closing, and (C) subsequent to the Closing, the date on which
the Company completes a liquidation, merger, capital stock exchange, reorganization, or other similar transaction that results in all
of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

 

“Maximum Number of Securities”
shall have the meaning given in subsection 2.2.4.

 

“Misstatement” shall
mean an untrue statement of a material fact or an omission to state a material fact required to be stated in a Registration Statement
or Prospectus, or necessary to make the statements in a Registration Statement or Prospectus (in the case of any prospectus and any preliminary
prospectus, in the light of the circumstances under which they were made) not misleading.

 

“Permitted Transferees”
shall mean any person or entity to whom a Holder of Registrable Securities is permitted to transfer such Registrable Securities prior
to the expiration of the Lock-Up Period under, in the case of the New Holders, the Lock-Up Agreements dated as of the date hereof, and
in the case of the Existing Holders, the Insider Letter and/or the Sponsor Agreement, and any other applicable agreement between such
Holder and the Company, and to any transferee thereafter.

 

    - 3 -

     

    

 

“Piggyback Registration”
shall have the meaning given in subsection 2.3.1.

 

“Private Placement Agreement”
shall have the meaning given in the Recitals hereto.

 

“Private Placement Shares”
shall have the meaning given in the Recitals hereto.

 

“Private Placement Units”
shall have the meaning given in the Recitals hereto.

 

“Private Placement Warrants”
shall have the meaning given in the Recitals hereto.

 

“Pro Rata” shall have
the meaning given in subsection 2.2.4.

 

“Prospectus” shall mean
the prospectus included in any Registration Statement, as supplemented by any and all prospectus supplements and as amended by any and
all post-effective amendments and including all material incorporated by reference in such prospectus.

 

“Registrable Security”
shall mean (a) the shares of Common Stock issued as a result of the conversion of the Initial Founder Shares, (b) the Private Placement
Shares, (c) the Private Placement Warrants and any shares of Common Stock issued or issuable upon the exercise of the Private Placement
Warrants, (d) the Base Forward Purchase Shares, (e) the Forward Purchase Founder Shares, (f) the Forward Purchase Warrants and any shares
of Common Stock issued or issuable upon exercise of the Forward Purchase Warrants, (g) any outstanding share of Common Stock or any other
equity security (including the shares of Common Stock issued or issuable upon the exercise of any other equity security) of the Company
held by an Existing Holder as of the date of this Agreement including any securities purchased in connection with the Closing, (h) any
outstanding shares of Common Stock or any Common Stock issuable upon the exercise, conversion or exchange of any other outstanding equity
security (or security exercisable, convertible or exchangeable for any equity security) of the Company or any of its Subsidiaries held
by a New Holder as of the date of this Agreement (including shares transferred to a Permitted Transferee, any shares of Common Stock issuable
upon the exchange of ExchangeCo Stock and any shares of Common Stock issuable upon the exercise of any Exchanged Company Option), (i)
any shares of Common Stock (including those issuable upon the exchange of ExchangeCo Stock) issued or issuable as Seller Escrow Shares
to a New Holder after the date hereof, and (j) any other equity security of the Company issued or issuable with respect to any such share
of Common Stock described in the foregoing clauses (a) through (i) by way of a stock dividend or stock split or in connection with a combination
of shares, recapitalization, merger, consolidation or reorganization; provided, however, that, as to any particular Registrable Security,
such securities shall cease to be Registrable Securities when: (A) a Registration Statement with respect to the sale of such securities
shall have become effective under the Securities Act and such securities shall have been sold, transferred, disposed of or exchanged in
accordance with such Registration Statement; (B) such securities shall have been otherwise transferred, new certificates or book entries
for such securities not bearing a legend restricting further transfer shall have been delivered by the Company and subsequent public distribution
of such securities shall not require registration under the Securities Act; (C) such securities shall have ceased to be outstanding; (D)
such securities have been sold without registration pursuant to Rule 144; or (E) such securities have been sold to, or through, a broker,
dealer or underwriter in a public distribution or other public securities transaction.

 

“Registration” shall
mean a registration effected by preparing and filing a registration statement or similar document in compliance with the requirements
of the Securities Act, and the applicable rules and regulations promulgated thereunder, and such registration statement becoming effective.

 

“Registration
Expenses” shall mean the out-of-pocket expenses of a Registration, including, without limitation, the following:

 

(A) all registration and filing fees
(including fees with respect to filings required to be made with the Financial Industry Regulatory Authority, Inc.) and any securities
exchange on which the Common Stock is then listed;

 

    - 4 -

     

    

 

(B) fees and expenses of compliance with
securities or blue sky laws (including reasonable fees and disbursements of counsel for the Underwriters in connection with blue sky qualifications
of Registrable Securities);

 

(C) printing, messenger, telephone and
delivery expenses;

 

(D) reasonable fees and disbursements
of counsel for the Company;

 

(E) reasonable fees and disbursements
of all independent registered public accountants of the Company incurred specifically in connection with such Registration; and

 

(F) reasonable fees and expenses of one
(1) legal counsel selected by the majority-in-interest of the Demanding Holders initiating a Demand Registration to be registered for
offer and sale in the applicable Registration.

 

“Registration Statement”
shall mean any registration statement that covers the Registrable Securities pursuant to the provisions of this Agreement, including the
Prospectus included in such registration statement, amendments (including post-effective amendments) and supplements to such registration
statement, and all exhibits to and all material incorporated by reference in such registration statement.

 

“Removed Shares” shall
have the meaning given in Section 2.6.

 

“Requesting Holder” shall
have the meaning given in subsection 2.2.1.

 

“Restricted Securities”
shall have the meaning given in subsection 3.6.1.

 

“Rule 144” shall mean
Rule 144 promulgated under the Securities Act, or any successor rule promulgated thereafter by the SEC.

 

“Rule 415” shall have
the meaning given in subsection 2.1.1.

 

“SEC” shall mean the
United States Securities and Exchange Commission.

 

“SEC Guidance” means
(i) any publicly-available written or oral guidance of the SEC staff, or any comments, requirements or requests of the SEC staff whether
formally or informally or publicly or privately and (ii) the Securities Act.

 

“Securities Act” shall
mean the Securities Act of 1933, as amended from time to time.

 

“Seller Escrow Shares”
shall have the meaning given in the Recitals hereto.

 

“Shelf Takedown Notice”
shall have the meaning given in subsection 2.1.3.

 

“Shelf Underwritten Offering”
shall have the meaning given in subsection 2.1.3.

 

“Sponsor” shall have
the meaning given in the Preamble hereto.

 

“Sponsor Agreement” shall
have the meaning given in the Recitals hereto.

 

“Underwriter” shall mean
a securities dealer who purchases any Registrable Securities as principal in an Underwritten Offering and not as part of such dealer’s
market-making activities.

 

“Underwritten Registration”
or “Underwritten Offering” shall mean a Registration in which securities of the Company are sold to an Underwriter
in a firm commitment underwriting for distribution to the public.

 

    - 5 -

     

    

 

ARTICLE II 

REGISTRATIONS

 

2.1 Shelf Registration.

 

2.1.1 Initial Registration. The
Company shall, as soon as practicable, but in no event later than thirty (30) calendar days after the consummation of the transactions
contemplated by the Business Combination Agreement, file a Registration Statement under the Securities Act to permit the public resale
of all the Registrable Securities held by the Holders from time to time as permitted by Rule 415 under the Securities Act (or any successor
or similar provision adopted by the SEC then in effect) (“Rule 415”) on the terms and conditions specified in
this subsection 2.1.1 and shall use its reasonable best efforts to cause such Registration Statement to be declared effective as
soon as practicable after the filing thereof, but in no event later than the earlier of (i) sixty (60) calendar days following the Closing
(or 90 calendar days following the Closing if the SEC notifies the Company that it will “review” the Registration Statement),
and (ii) the second (2nd) business day after the date the Company is notified (orally or in writing, whichever is earlier) by the SEC
that the Registration Statement will not be “reviewed” or will not be subject to further review (such earlier date, the “Effectiveness
Deadline”). The Registration Statement filed with the SEC pursuant to this subsection 2.1.1 shall be a shelf registration
statement on Form S-3 (a “Form S-3 Shelf”) or, if Form S-3 is not then available to the Company, on Form S-1
(a “Form S-1 Shelf”) or such other form of registration statement as is then available to effect a registration
for resale of such Registrable Securities, covering such Registrable Securities, and shall contain a Prospectus in such form as to permit
any Holder to sell such Registrable Securities pursuant to Rule 415 at any time beginning on the effective date for such Registration
Statement. A Registration Statement filed pursuant to this subsection 2.1.1 shall provide for the resale pursuant to any method
or combination of methods legally available to, and requested by, the Holders. The Company shall cause such Registration Statement filed
pursuant to this subsection 2.1.1 to remain effective, and to be supplemented and amended to the extent necessary to ensure that
such Registration Statement is available or, if not available, that another Registration Statement is available, for the resale of all
the Registrable Securities held by the Holders until all such Registrable Securities have ceased to be Registrable Securities. As soon
as practicable following the effective date of a Registration Statement filed pursuant to this subsection 2.1.1, but in any event
within one (1) business day of such date, the Company shall notify the Holders of the effectiveness of such Registration Statement. When
effective, a Registration Statement filed pursuant to this subsection 2.1.1 (including the documents incorporated therein by reference)
will comply as to form in all material respects with all applicable requirements of the Securities Act and the Exchange Act and will not
contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the
statements therein not misleading (in the case of any Prospectus contained in such Registration Statement, in the light of the circumstances
under which such statement is made).

 

2.1.2 Form S-3 Shelf. If the Company
files a Form S-3 Shelf and thereafter the Company becomes ineligible to use Form S-3 for secondary sales, the Company shall use its best
efforts to file a Form S-1 Shelf as promptly as practicable (but in any event, within ten (10) calendar days) to replace the shelf registration
statement that is a Form S-3 Shelf and have the Form S-1 Shelf declared effective as promptly as practicable and to cause such Form S-1
Shelf to remain effective, and to be supplemented and amended to the extent necessary to ensure that such Registration Statement is available
or, if not available, that another Registration Statement is available, for the resale of all the Registrable Securities held by the Holders
until all such Registrable Securities have ceased to be Registrable Securities.

 

2.1.3 Shelf Takedown. At any time
and from time to time following the effectiveness of the shelf registration statement required by subsection 2.1.1 or 2.1.2,
any Holder may request to sell all or a portion of their Registrable Securities in an underwritten offering that is registered pursuant
to such shelf registration statement, including a Block Trade (a “Shelf Underwritten Offering”) provided that
such Holder(s) (a) reasonably expect aggregate gross proceeds in excess of $50,000,000 from such Shelf Underwritten Offering or (b) reasonably
expects to sell all of the Registrable Securities held by such Holder in such Shelf Underwritten Offering but in no event less than $10,000,000.
All requests for a Shelf Underwritten Offering shall be made by giving written notice to the Company (the “Shelf Takedown
Notice”). Each Shelf Takedown Notice shall specify the approximate number of Registrable Securities proposed to be sold
in the Shelf Underwritten Offering and the expected price range (net of underwriting discounts and commissions) of such Shelf Underwritten
Offering. Within five (5) business days after receipt of any Shelf Takedown Notice, the Company shall give written notice of such requested
Shelf Underwritten Offering to all other Holders of Registrable Securities (the “Company Shelf Takedown Notice”)
and, subject to reductions consistent with the Pro Rata calculations in Section 2.2.4, shall include in such Shelf Underwritten
Offering all Registrable Securities with respect to which the Company has received written requests for inclusion therein, within five
(5) days after sending the Company Shelf Takedown Notice, or, in the case of a Block Trade, as provided in Section 2.5. The Company
shall enter into an underwriting agreement in a form as is customary in Underwritten Offerings of securities by the Company with the managing
Underwriter or Underwriters selected by the Company after consultation with the initiating Holders and shall take all such other reasonable
actions as are requested by the managing Underwriter or Underwriters in order to expedite or facilitate the disposition of such Registrable
Securities. In connection with any Shelf Underwritten Offering contemplated by this subsection 2.1.3, subject to Section 3.3
and Article IV, the underwriting agreement into which each Holder and the Company shall enter shall contain such representations,
covenants, indemnities and other rights and obligations of the Company and the selling stockholders as are customary in underwritten offerings
of securities by the Company. Notwithstanding anything to the contrary set forth in this subsection
2.1.3 or subsection 2.2.1, a request by any Existing Holder(s) or New Holder(s) for a Shelf Underwritten Offering pursuant
to this subsection 2.1.3 shall count as a Demand Registration for purposes of the limitations on the number of Demand Registrations
set forth in the last sentence of subsection 2.2.1 for so long as the Registrable Securities requested to be sold in such
Shelf Underwritten Offering by such Holders pursuant to this subsection 2.2.1 (after giving effect to any to reductions consistent
with the Pro Rata calculations in Section 2.2.4) have actually been sold in connection therewith.

 

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2.1.4 Holder Information Required
for Participation in Shelf Registration. At least ten (10) business days prior to the first anticipated filing date of a Registration
Statement pursuant to this Article II, the Company shall notify each Holder in writing of the anticipated filing of such Registration
Statement (which may be by email), and request from each Holder all information reasonably necessary about the Holder to include such
Holder’s Registrable Securities in such Registration Statement. Notwithstanding anything else in this Agreement, the Company shall
not be obligated to include such Holder’s Registrable Securities to the extent the Company has not received such information, and
received any other reasonably requested agreements or certificates, on or prior to the third (3rd) business day prior to the first anticipated
filing date of a Registration Statement pursuant to this Article II.

 

2.2 Demand Registration.

 

2.2.1 Request for Registration.
Subject to the provisions of subsection 2.2.4 and Section 2.4 hereof and provided that the Company does not have an effective
Registration Statement pursuant to subsection 2.1.1 outstanding covering the Registrable Securities, (a) the Existing Holders holding
at least a majority in interest of the then-outstanding number of Registrable Securities held by the Existing Holders or (b) the New Holders
holding at least a majority-in-interest of the then-outstanding number of Registrable Securities held by the New Holders (the “Demanding
Holders”), in each case, may make a written demand for Registration of all or part of their Registrable Securities, which
written demand shall describe the amount and type of securities to be included in such Registration and the intended method(s) of distribution
thereof (such written demand a “Demand Registration”). The Company shall, within ten (10) days of the Company’s
receipt of the Demand Registration, notify, in writing, all other Holders of Registrable Securities of such demand, and each Holder of
Registrable Securities who thereafter wishes to include all or a portion of such Holder’s Registrable Securities in a Registration
pursuant to a Demand Registration (each such Holder that includes all or a portion of such Holder’s Registrable Securities in such
Registration, a “Requesting Holder”) shall so notify the Company, in writing, within five (5) days after the
receipt by the Holder of the notice from the Company. Upon receipt by the Company of any such written notification from a Requesting Holder(s)
to the Company, such Requesting Holder(s) shall be entitled to have their Registrable Securities included in a Registration pursuant to
a Demand Registration and the Company shall effect, as soon thereafter as practicable, the Registration of all Registrable Securities
requested by the Demanding Holder(s) and Requesting Holder(s) pursuant to such Demand Registration, but not more than forty five (45)
days immediately after the Company’s receipt of the Demand Registration. Under no circumstances shall the Company be obligated to
effect more than an aggregate of two (2) Registrations pursuant to a Demand Registration by the Existing Holders, or more than an aggregate
of eight (8) Registrations pursuant to a Demand Registration by the New Holders, in each case under this subsection 2.2.1 with
respect to any or all Registrable Securities held by such Holders; provided, however, that a Registration pursuant to a
Demand Registration shall not be counted for such purposes unless a Registration Statement that may be available at such time has become
effective and all of the Registrable Securities requested by the Requesting Holders and the Demanding Holders to be registered on behalf
of the Requesting Holders and the Demanding Holders in such Registration Statement have been sold, in accordance with Section 3.1
of this Agreement.

 

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2.2.2 Effective Registration.
Notwithstanding the provisions of subsection 2.2.1 above or any other part of this Agreement, a Registration pursuant to a Demand
Registration shall not count as a Registration unless and until (i) the Registration Statement filed with the SEC with respect to a Registration
pursuant to a Demand Registration has been declared effective by the SEC and (ii) the Company has complied with all of its obligations
under this Agreement with respect thereto; provided, further, that if, after such Registration Statement has been declared
effective, an offering of Registrable Securities in a Registration pursuant to a Demand Registration is subsequently interfered with by
any stop order or injunction of the SEC, federal or state court or any other governmental agency, the Registration Statement with respect
to such Registration shall be deemed not to have been declared effective, unless and until, (a) such stop order or injunction is removed,
rescinded or otherwise terminated, and (b) a majority-in-interest of the Demanding Holders initiating such Demand Registration thereafter
affirmatively elect to continue with such Registration and accordingly notify the Company in writing, but in no event later than five
(5) days, of such election; and provided, further, that the Company shall not be obligated or required to file another Registration
Statement until the Registration Statement that has been previously filed with respect to a Registration pursuant to a Demand Registration
becomes effective or is subsequently terminated.

 

2.2.3 Underwritten Offering. Subject
to the provisions of subsection 2.2.4 and Section 2.4 hereof, if a majority-in-interest of the Demanding Holders so advise
the Company as part of their Demand Registration that the offering of the Registrable Securities pursuant to such Demand Registration
shall be in the form of an Underwritten Offering, then the right of such Demanding Holder or Requesting Holder (if any) to include its
Registrable Securities in such Registration shall be conditioned upon such Holder’s participation in such Underwritten Offering
and the inclusion of such Holder’s Registrable Securities in such Underwritten Offering to the extent provided herein. All such
Holders proposing to distribute their Registrable Securities through an Underwritten Offering under this subsection 2.2.3 shall
enter into an underwriting agreement in customary form with the Underwriter(s) selected for such Underwritten Offering by the majority-in-interest
of the Demanding Holders initiating the Demand Registration, which Underwriter(s) shall be reasonably satisfactory to the Company.

 

2.2.4 Reduction of Underwritten Offering.
If the managing Underwriter or Underwriters in an Underwritten Registration, in good faith, advises the Company, the Demanding Holders
and the Requesting Holders (if any) in writing that the dollar amount or number of Registrable Securities that the Demanding Holders and
the Requesting Holders (if any) desire to sell, taken together with all other Common Stock or other equity securities that the Company
desires to sell and the shares of Common Stock, if any, as to which a Registration has been requested pursuant to separate written contractual
piggy-back registration rights held by any other stockholders who desire to sell, exceeds the maximum dollar amount or maximum number
of equity securities that can be sold in the Underwritten Offering without adversely affecting the proposed offering price, the timing,
the distribution method, or the probability of success of such offering (such maximum dollar amount or maximum number of such securities,
as applicable, the “Maximum Number of Securities”), then the Company shall include in such Underwritten Offering,
as follows: (i) first, the Registrable Securities of the Demanding Holders and the Requesting Holders (if any) (pro rata based on the
respective number of Registrable Securities that each Demanding Holder and Requesting Holder (if any) has requested be included in such
Underwritten Registration and the aggregate number of Registrable Securities that the Demanding Holders and the Requesting Holders (if
any) have requested be included in such Underwritten Registration (such proportion is referred to herein as “Pro Rata”))
that can be sold without exceeding the Maximum Number of Securities; (ii) second, to the extent that the Maximum Number of Securities
has not been reached under the foregoing clause (i), Common Stock or other equity securities that the Company desires to sell, which can
be sold without exceeding the Maximum Number of Securities; and (iii) third, to the extent that the Maximum Number of Securities has not
been reached under the foregoing clauses (i) and (ii), Common Stock or other equity securities of other persons or entities that the Company
is obligated to register in a Registration pursuant to separate written contractual arrangements with such persons and that can be sold
without exceeding the Maximum Number of Securities.

 

2.2.5 Demand Registration Withdrawal.
Any of the Demanding Holders initiating a Demand Registration or any of the Requesting Holders (if any), pursuant to a Registration under
subsection 2.2.1 shall have the right to withdraw from a Registration pursuant to such Demand Registration or a Shelf Underwritten
Offering pursuant to subsection 2.1.3 for any or no reason whatsoever upon written notification to the Company and the Underwriter
or Underwriters (if any) of their intention to withdraw from such Registration at least one (1) business day prior to the effectiveness
of the Registration Statement filed with the SEC with respect to the Registration of their Registrable Securities pursuant to such Demand
Registration (or in the case of an Underwritten Registration pursuant to Rule 415, at least five (5) business days prior to the time of
pricing of the applicable offering). Notwithstanding anything to the contrary in this Agreement, the Company shall be responsible for
the Registration Expenses incurred in connection with a Registration pursuant to a Demand Registration or a Shelf Underwritten Offering
prior to its withdrawal under this subsection 2.2.5.

 

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2.3 Piggyback Registration.

 

2.3.1 Piggyback Rights. If the
Company proposes to file a Registration Statement under the Securities Act with respect to an offering of equity securities, or securities
or other obligations exercisable or exchangeable for, or convertible into, equity securities, for its own account or for the account of
stockholders of the Company (or by the Company and by the stockholders of the Company including, without limitation, pursuant to Section
2.2 hereof), other than a Registration Statement (i) filed in connection with any employee stock option or other benefit plan, (ii)
for a rights offering or an exchange offer or offering of securities solely to the Company’s existing stockholders, (iii) for an
offering of debt that is convertible into equity securities of the Company or (iv) for a dividend reinvestment plan, then the Company
shall give written notice of such proposed filing to all of the Holders of Registrable Securities as soon as practicable but not less
than ten (10) days before the anticipated filing date of such Registration Statement, which notice shall (A) describe the amount and type
of securities to be included in such offering, the intended method(s) of distribution, and the name of the proposed managing Underwriter
or Underwriters, if any, in such offering, and (B) offer to all of the Holders of Registrable Securities the opportunity to register the
sale of such number of Registrable Securities as such Holders may request in writing within five (5) days after receipt of such written
notice (such Registration a “Piggyback Registration”). The Company shall, in good faith, cause such Registrable
Securities to be included in such Piggyback Registration and shall use its best efforts to cause the managing Underwriter or Underwriters
of a proposed Underwritten Offering to permit the Registrable Securities requested by the Holders pursuant to this subsection 2.3.1
to be included in a Piggyback Registration on the same terms and conditions as any similar securities of the Company included in such
Registration and to permit the sale or other disposition of such Registrable Securities in accordance with the intended method(s) of distribution
thereof. All such Holders proposing to distribute their Registrable Securities through an Underwritten Offering under this subsection
2.3.1 shall enter into an underwriting agreement in customary form with the Underwriter(s) selected for such Underwritten Offering
by the Company.

 

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2.3.2 Reduction of Piggyback Registration.
If the managing Underwriter or Underwriters in an Underwritten Registration that is to be a Piggyback Registration, in good faith, advises
the Company and the Holders of Registrable Securities participating in the Piggyback Registration in writing that the dollar amount or
number of shares of Common Stock that the Company desires to sell, taken together with (i) the shares of Common Stock, if any, as to which
Registration has been demanded pursuant to separate written contractual arrangements with persons or entities other than the Holders of
Registrable Securities hereunder (ii) the Registrable Securities as to which registration has been requested pursuant to Section 2.3
hereof, and (iii) the shares of Common Stock, if any, as to which Registration has been requested pursuant to separate written contractual
piggy-back registration rights of other stockholders of the Company, exceeds the Maximum Number of Securities, then:

 

(a) If the Registration is undertaken for
the Company’s account, the Company shall include in any such Registration (A) first, the shares of Common Stock or other equity
securities that the Company desires to sell, which can be sold without exceeding the Maximum Number of Securities; (B) second, to the
extent that the Maximum Number of Securities has not been reached under the foregoing clause (A), the Registrable Securities of Holders
exercising their rights to register their Registrable Securities pursuant to subsection 2.3.1 hereof, Pro Rata, which can be sold
without exceeding the Maximum Number of Securities; and (C) third, to the extent that the Maximum Number of Securities has not been reached
under the foregoing clauses (A) and (B), the shares of Common Stock, if any, as to which Registration has been requested or demanded pursuant
to written contractual piggy-back registration rights of other stockholders of the Company, which can be sold without exceeding the Maximum
Number of Securities;

 

(b) If the Registration is pursuant to
a request by persons or entities other than the Holders of Registrable Securities, then the Company shall include in any such Registration
(A) first, the shares of Common Stock or other equity securities, if any, of such requesting persons or entities, other than the Holders
of Registrable Securities, which can be sold without exceeding the Maximum Number of Securities; (B) second, to the extent that the Maximum
Number of Securities has not been reached under the foregoing clause (A), the Registrable Securities of Holders exercising their rights
to register their Registrable Securities pursuant to subsection 2.3.1, Pro Rata, which can be sold without exceeding the Maximum
Number of Securities; (C) third, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses
(A) and (B), the shares of Common Stock or other equity securities that the Company desires to sell, which can be sold without exceeding
the Maximum Number of Securities; and (D) fourth, to the extent that the Maximum Number of Securities has not been reached under the foregoing
clauses (A), (B) and (C), the shares of Common Stock or other equity securities for the account of other persons or entities that the
Company is obligated to register pursuant to separate written contractual arrangements with such persons or entities, which can be sold
without exceeding the Maximum Number of Securities.

 

2.3.3 Piggyback Registration Withdrawal.
Any Holder of Registrable Securities shall have the right to withdraw from a Piggyback Registration for any or no reason whatsoever upon
written notification to the Company and the Underwriter or Underwriters (if any) of his, her or its intention to withdraw from such Piggyback
Registration prior to the effectiveness of the Registration Statement filed with the SEC with respect to such Piggyback Registration (or
in the case of an Underwritten Registration pursuant to Rule 415, at least five (5) business days prior to the time of pricing of the
applicable offering). The Company (whether on its own good faith determination or as the result of a request for withdrawal by persons
pursuant to separate written contractual obligations) may withdraw a Registration Statement filed with the SEC in connection with a Piggyback
Registration at any time prior to the effectiveness of such Registration Statement. Notwithstanding anything to the contrary in this Agreement,
the Company shall be responsible for the Registration Expenses incurred in connection with the Piggyback Registration prior to its withdrawal
under this subsection 2.3.3.

 

2.3.4 Unlimited Piggyback Registration
Rights. For purposes of clarity, any Registration effected pursuant to Section 2.3 hereof shall not be counted as a Registration
pursuant to a Demand Registration effected under Section 2.2 hereof or a Shelf Underwritten Offering effected under subsection
2.1.3.

 

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2.4 Restrictions on Registration Rights.
If (A) during the period starting with the date sixty (60) days prior to the Company’s good faith estimate of the date of the filing
of, and ending on a date one hundred and twenty (120) days after the effective date of, a Company initiated Registration and provided
that the Company has delivered written notice to the Holders prior to receipt of a Shelf Underwritten Offering pursuant to subsection
2.1.3 or a Demand Registration pursuant to subsection 2.2.1 and it continues to actively employ, in good faith, all reasonable
efforts to cause the applicable Registration Statement to become effective; (B) the Holders have requested a Shelf Underwritten Offering
or an Underwritten Registration, as applicable, and the Company and the Holders are unable to obtain the commitment of underwriters to
firmly underwrite the offer; or (C) in the good faith judgment of the Board such Shelf Underwritten Offering or Registration would be
materially detrimental to the Company and the Board concludes as a result that it is essential to defer such Shelf Underwritten Offering
or the filing of such Registration Statement at such time, as applicable, then in each case the Company shall furnish to such Holders
a certificate signed by the Chairman of the Board or the Chief Executive Officer stating that, in the good faith judgment of the Board,
it would be materially detrimental to the Company for such Shelf Underwritten Offering to be commenced or such Registration Statement
to be filed, as applicable, in the near future and that it is therefore essential to defer such Shelf Underwritten Offering or the filing
of such Registration Statement, as applicable. In such event, the Company shall have the right to defer such offering or filing for a
period of not more than sixty (60) days; provided, however, that the Company shall not defer its obligation in this manner
more than twice in any 12-month period, or for an aggregate period of more than ninety (90) days in any twelve month period (the “Aggregate
Blocking Period”).

 

2.5 Block Trades. Notwithstanding any other
provision of this Article II, but subject to Sections 2.4 and 3.4, if the Holders desire to effect a Block Trade, the Holders
shall provide written notice to the Company at least five (5) business days prior to the date such Block Trade will commence. As expeditiously
as possible, the Company shall use its reasonable best efforts to facilitate such Block Trade. The Holders shall use reasonable best efforts
to work with the Company and the Underwriter(s) (including by disclosing the maximum number of Registrable Securities proposed to be the
subject of such Block Trade) in order to facilitate preparation of the Registration Statement, Prospectus and other offering documentation
related to the Block Trade and any related due diligence and comfort procedures.

 

2.6 Rule 415; Removal. If at any time the
SEC takes the position that the offering of some or all of the Registrable Securities in a Registration Statement on Form S-3 filed pursuant
to this Article II is not eligible to be made on a delayed or continuous basis under the provisions of Rule 415 under the Securities
Act (provided, however, the Company shall be obligated to use diligent efforts to advocate with the SEC for the registration of all of
the Registrable Securities in accordance with the SEC Guidance, including without limitation, Compliance and Disclosure Interpretation
612.09) or requires a Holder to be named as an “underwriter,” the Company shall (i) promptly notify each holder of Registrable
Securities thereof (or in the case of the SEC requiring a Holder to be named as an “underwriter,” the applicable Holders)
and (ii) use reasonable best efforts to persuade the SEC that the offering contemplated by such Registration Statement is a valid secondary
offering and not an offering “by or on behalf of the issuer” as defined in Rule 415 and that none of the applicable Holders
is an “underwriter.” The Existing Holders shall have the right to select one legal counsel designated by the holders of a
majority of the Registrable Securities held by the Existing Holders, and the New Holders shall have the right to select one legal counsel
designated by the holders of a majority of the Registrable Securities held by the New Holders, and subject to such Registration Statement,
each such legal counsel shall have the review and oversee any registration or matters pursuant to this Section 2.6, including participation
in any meetings or discussions with the SEC regarding the SEC’s position and to comment on any written submission made to the SEC
with respect thereto. No such written submission with respect to this matter shall be made to the SEC to which the applicable set of Holders’
counsel reasonably objects. In the event that, despite the Company’s reasonable best efforts and compliance with the terms of this
Section 2.6, the SEC refuses to alter its position, the Company shall, at the applicable Holder(s)’ option, (i) remove from
such Registration Statement such portion of the Registrable Securities (the “Removed Shares”) and/or (ii) agree
to such restrictions and limitations on the registration and resale of the Registrable Securities as the SEC may require to assure the
Company’s compliance with the requirements of Rule 415; provided, however, that the Company shall only be required
to include such Holder’s Registrable Securities in the Registration Statement if the Holder agrees to be named as an “underwriter”
in such Registration Statement. In the event of a share removal pursuant to this Section 2.6, the Company shall give the applicable
Holders at least five (5) days prior written notice along with the calculations as to such Holder’s allotment. Any removal of shares
of the applicable Holders (who, for the avoidance of doubt, shall solely consist of those Holders the SEC is requiring to be named as
an “underwriter”) pursuant to this Section 2.6 shall be allocated between the applicable Holders on a pro rata basis
based on the aggregate amount of Registrable Securities held by such applicable Holders. In the event of a share removal of some or all
Holders pursuant to this Section 2.6, the Company shall promptly register the resale of any Removed Shares pursuant to subsection
2.1.2 hereof and in no event shall the filing of such Registration Statement on Form S-1 or subsequent Registration Statement on Form
S-3 filed pursuant to the terms of subsection 2.1.2 be counted as a Demand Registration hereunder. Until such time as the Company
has registered all of the Removed Shares for resale pursuant to Rule 415 on an effective Registration Statement, the Company shall not
be able to defer the filing of a Registration Statement pursuant to Section 2.4 hereof.

 

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ARTICLE III 

COMPANY PROCEDURES

 

3.1 General Procedures. If the Company is
required to effect the Registration of Registrable Securities, the Company shall use its best efforts to effect such Registration to permit
the sale of such Registrable Securities in accordance with the intended plan of distribution thereof, and pursuant thereto the Company
shall, as expeditiously as possible:

 

3.1.1 prepare and file with the SEC as
soon as practicable a Registration Statement with respect to such Registrable Securities and use its reasonable best efforts to cause
such Registration Statement to become effective and remain effective until all Registrable Securities covered by such Registration Statement
have been sold;

 

3.1.2 prepare and file with the SEC such
amendments and post-effective amendments to the Registration Statement, and such supplements to the Prospectus, as may be reasonably requested
by any Holder with Registrable Securities registered on such Registration Statement or any Underwriter of Registrable Securities or as
may be required by the rules, regulations or instructions applicable to the registration form used by the Company or by the Securities
Act or rules and regulations thereunder to keep the Registration Statement effective until all Registrable Securities covered by such
Registration Statement are sold in accordance with the intended plan of distribution set forth in such Registration Statement or supplement
to the Prospectus;

 

3.1.3 prior to filing a Registration
Statement or Prospectus, or any amendment or supplement thereto, furnish without charge to the Underwriters, if any, and each Holder of
Registrable Securities included in such Registration, and each such Holder’s legal counsel, copies of such Registration Statement
as proposed to be filed, each amendment and supplement to such Registration Statement (in each case including all exhibits thereto and
documents incorporated by reference therein), the Prospectus included in such Registration Statement (including each preliminary Prospectus),
and such other documents as the Underwriters and each Holder of Registrable Securities included in such Registration or the legal counsel
for any such Holders may request in order to facilitate the disposition of the Registrable Securities owned by such Holders;

 

3.1.4 prior to any public offering of
Registrable Securities, use its reasonable best efforts to (i) register or qualify the Registrable Securities covered by the Registration
Statement under such securities or “blue sky” laws of such jurisdictions in the United States as any Holder of Registrable
Securities included in such Registration Statement (in light of their intended plan of distribution) may request and (ii) take such action
necessary to cause such Registrable Securities covered by the Registration Statement to be registered with or approved by such other governmental
authorities as may be necessary by virtue of the business and operations of the Company and do any and all other acts and things that
may be necessary or advisable to enable the Holders of Registrable Securities included in such Registration Statement to consummate the
disposition of such Registrable Securities in such jurisdictions; provided, however, that the Company shall not be required
to qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify or take any action to which
it would be subject to general service of process or taxation in any such jurisdiction where it is not then otherwise so subject;

 

3.1.5 cause all such Registrable Securities
to be listed on each securities exchange or automated quotation system on which similar securities issued by the Company are then listed;

 

3.1.6 provide a transfer agent or warrant
agent, as applicable, and registrar for all such Registrable Securities no later than the effective date of such Registration Statement;

 

3.1.7 advise each seller of such Registrable
Securities, promptly after it shall receive notice or obtain knowledge thereof, of the issuance of any stop order by the SEC suspending
the effectiveness of such Registration Statement or the initiation or threatening of any proceeding for such purpose and promptly use
its reasonable best efforts to prevent the issuance of any stop order or to obtain its withdrawal if such stop order should be issued;

 

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3.1.8 at least five (5) days prior to
the filing of any Registration Statement or Prospectus or any amendment or supplement to such Registration Statement or Prospectus, furnish
a copy thereof to each seller of such Registrable Securities and its counsel, including, without limitation, providing copies promptly
upon receipt of any comment letters received with respect to any such Registration Statement or Prospectus;

 

3.1.9 notify the Holders at any time
when a Prospectus relating to such Registration Statement is required to be delivered under the Securities Act, of the happening of any
event as a result of which the Prospectus included in such Registration Statement, as then in effect, includes a Misstatement, and then
to correct such Misstatement as set forth in Section 3.4 hereof;

 

3.1.10 permit a representative of the
Holders (such representative to be selected by a majority of the participating Holders, provided that the Existing Holders holding
a majority of the Registrable Securities held by the Existing Holders shall be permitted to select their own representative), the Underwriter(s),
if any, and any attorney(s) or accountant(s) retained by such Holders or Underwriter(s) to participate, at each such person’s own
expense, in the preparation of the Registration Statement, and cause the Company’s officers, directors and employees to supply all
information reasonably requested by any such representative(s), Underwriter, attorney(s) or accountant(s) in connection with the Registration;
provided, however, that such representative(s) or Underwriter enters into a confidentiality agreement, in form and substance
reasonably satisfactory to the Company, prior to the release or disclosure of any such information; and provided further, the Company
may not include the name of any Holder or Underwriter or any information regarding any Holder or Underwriter in any Registration Statement
or Prospectus, any amendment or supplement to such Registration Statement or Prospectus, any document that is to be incorporated by reference
into such Registration Statement or Prospectus, or any response to any comment letter, without the prior written consent of such Holder
or Underwriter and providing each such Holder or Underwriter a reasonable amount of time to review and comment on such applicable document,
which comments the Company shall include unless contrary to applicable law;

 

3.1.11 obtain a “comfort”
letter from the Company’s independent registered public accountants in the event of an Underwritten Registration, in customary form
and covering such matters of the type customarily covered by “comfort” letters as the managing Underwriter(s) may reasonably
request, and reasonably satisfactory to a majority-in-interest of the participating Holders;

 

3.1.12 on the date the Registrable Securities
are delivered for sale pursuant to such Registration, obtain an opinion and a negative assurance letter, each dated such date, of counsel
representing the Company for the purposes of such Registration, addressed to the Holders, the placement agent or sales agent, if any,
and the Underwriter(s), if any, covering such legal matters with respect to the Registration in respect of which such opinion is being
given as the Underwriter(s), placement agent(s) or sales agent(s) may reasonably request and as are customarily included in such opinions
and negative assurance letters, and reasonably satisfactory to a majority in interest of the participating Holders;

 

3.1.13 in the event of any Underwritten
Offering, enter into and perform its obligations under an underwriting agreement, in usual and customary form, with the managing Underwriter
of such offering;

 

3.1.14 make available to its security
holders, as soon as reasonably practicable, an earnings statement covering the period of at least twelve (12) months beginning with the
first day of the Company’s first full calendar quarter after the effective date of the Registration Statement which satisfies the
provisions of Section 11(a) of the Securities Act and Rule 158 thereunder (or any successor rule promulgated thereafter by the
SEC);

 

3.1.15 if the Registration involves the
Registration of Registrable Securities involving gross proceeds in excess of $50,000,000, use its reasonable efforts to make available
senior executives of the Company to participate in customary “road show” presentations that may be reasonably requested by
the Underwriter(s) in any Underwritten Offering; and

 

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3.1.16 otherwise, in good faith, cooperate
reasonably with, and take such customary actions as may reasonably be requested by the Holders, in connection with such Registration.

 

3.2 Registration Expenses. Except as otherwise
provided herein, the Registration Expenses of all Registrations shall be borne by the Company. It is acknowledged by the Holders that
the Holders shall bear all incremental selling expenses relating to the sale of Registrable Securities, such as Underwriters’ commissions
and discounts, brokerage fees, Underwriter marketing costs and, other than as set forth in the definition of “Registration Expenses,”
all reasonable fees and expenses of any legal counsel representing the Holders.

 

3.3 Requirements for Participation in Underwritten
Offerings. No person may participate in any Underwritten Offering for equity securities of the Company pursuant to a Registration
initiated by the Company hereunder unless such person (i) agrees to sell such person’s securities on the basis provided in any underwriting
arrangements approved by the Company and (ii) completes and executes all customary questionnaires, powers of attorney, indemnities, lock-up
agreements, underwriting agreements and other customary documents as may be reasonably required under the terms of such underwriting arrangements.

 

3.4 Suspension of Sales; Adverse Disclosure.
Upon receipt of written notice from the Company that a Registration Statement or Prospectus contains a Misstatement, each of the Holders
shall forthwith discontinue disposition of Registrable Securities until it has received copies of a supplemented or amended Prospectus
correcting the Misstatement (it being understood that the Company hereby covenants to prepare and file such supplement or amendment as
soon as practicable after the time of such notice), or until it is advised in writing by the Company that the use of the Prospectus may
be resumed. If the filing, initial effectiveness or continued use of a Registration Statement in respect of any Registration at any time
would require the Company to make an Adverse Disclosure or would require the inclusion in such Registration Statement of financial statements
that are unavailable to the Company for reasons beyond the Company’s control, the Company may, upon giving prompt written notice
of such action to the Holders, delay the filing or initial effectiveness of, or suspend use of, such Registration Statement for the shortest
period of time, but in no event more than forty-five (45) days, determined in good faith by the Company to be necessary for such purpose.
In the event the Company exercises its rights under the preceding sentence, the Holders agree to suspend, immediately upon their receipt
of the notice referred to above, their use of the Prospectus relating to any Registration in connection with any sale or offer to sell
Registrable Securities. The Company shall immediately notify the Holders of the expiration of any period during which it exercised its
rights under this Section 3.4.

 

3.5 Reporting Obligations; Legend Removal.

 

3.5.1   As
long as any Holder shall own Registrable Securities, the Company, at all times while it shall be a reporting company under the Exchange
Act, covenants to file timely (or obtain extensions in respect thereof and file within the applicable grace period) all reports required
to be filed by the Company after the date hereof pursuant to Sections 13(a) or 15(d) of the Exchange Act. The Company further
covenants that it shall take such further action as any Holder may reasonably request, all to the extent required from time to time to
enable such Holder to sell the shares of Common Stock held by such Holder without registration under the Securities Act within the limitation
of the exemptions provided by Rule 144, including providing any legal opinions. Upon the request of any Holder, the Company shall deliver
to such Holder a written statement as to whether it has complied with such requirements and, if not, the specifics thereof.

 

3.5.2   Upon
request of a Holder, the Company shall promptly cause any legend affixed to any Registrable Securities to be removed from any certificate
for any Registrable Securities to the extent that such legend is no longer required under the Securities Act and applicable state laws,
including by providing any opinion of counsel that may be required by the transfer agent to effect such removal.

 

3.6 Limitations on Registration Rights.
Notwithstanding anything herein to the contrary, (i) the Sponsor may not exercise its rights under Section 2.2 or 2.3 hereunder
after February 18, 2026 and February 18, 2028, respectively, and (ii) the Sponsor may not exercise its rights under Section 2.2
more than one time.

 

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ARTICLE IV 

INDEMNIFICATION AND CONTRIBUTION

 

4.1 Indemnification.

 

4.1.1 The Company agrees to indemnify,
to the extent permitted by law, each Holder of Registrable Securities, its officers and directors and each person who controls such Holder
(within the meaning of the Securities Act) against all losses, claims, damages, liabilities and expenses (including attorneys’ fees)
caused by any untrue or alleged untrue statement of material fact contained in any Registration Statement, Prospectus or preliminary Prospectus
or any amendment thereof or supplement thereto or any omission or alleged omission of a material fact required to be stated therein or
necessary to make the statements therein not misleading, except insofar as the same are caused by or contained in any information furnished
in writing to the Company by such Holder expressly for use therein. The Company shall indemnify the Underwriters, their officers and directors
and each person who controls such Underwriters (within the meaning of the Securities Act) to the same extent as provided in the foregoing
with respect to the indemnification of the Holder.

 

4.1.2 In connection with any Registration
Statement in which a Holder of Registrable Securities is participating, such Holder shall furnish to the Company in writing such information
and affidavits as the Company reasonably requests for use in connection with any such Registration Statement or Prospectus and, to the
extent permitted by law, shall indemnify the Company, its directors and officers and agents and each person who controls the Company (within
the meaning of the Securities Act) against any losses, claims, damages, liabilities and expenses (including without limitation reasonable
attorneys’ fees) resulting from any untrue statement of material fact contained in the Registration Statement, Prospectus or preliminary
Prospectus or any amendment thereof or supplement thereto or any omission of a material fact required to be stated therein or necessary
to make the statements therein not misleading, but only to the extent that such untrue statement or omission is contained in any information
or affidavit so furnished in writing by such Holder expressly for use therein; provided, however, that the obligation to
indemnify shall be several, not joint and several, among such Holders of Registrable Securities, and the liability of each such Holder
of Registrable Securities shall be in proportion to and limited to the net proceeds received by such Holder from the sale of Registrable
Securities pursuant to such Registration Statement. The Holders of Registrable Securities shall indemnify the Underwriters, their officers,
directors and each person who controls such Underwriters (within the meaning of the Securities Act) to the same extent as provided in
the foregoing with respect to indemnification of the Company.

 

4.1.3 Any person entitled to indemnification
herein shall (i) give prompt written notice to the indemnifying party of any claim with respect to which it seeks indemnification (provided
that the failure to give prompt notice shall not impair any person’s right to indemnification hereunder to the extent such failure
has not materially prejudiced the indemnifying party) and (ii) permit such indemnifying party to assume the defense of such claim with
counsel reasonably satisfactory to the indemnified party if the indemnifying party provides notice of such to the indemnified party within
30 days of the indemnifying party’s receipt of notice of such claim. After notice from the indemnifying party to the indemnified
party of its election to assume the defense, the indemnifying party will not be liable to the indemnified party for any other legal expenses
except as provided below and except for the reasonable costs of investigation subsequently incurred by the indemnified party in connection
with the defense. The indemnified party will have the right to employ its own counsel in any such action, but the fees, expenses and other
charges of such counsel will be at the expense of such indemnified party unless (1) the employment of counsel by the indemnified party
has been authorized in writing by the indemnifying party, (2) the indemnified party has reasonably concluded (based on advice of counsel)
that there may be legal defenses available to it or other indemnified parties that are different from or in addition to those available
to the indemnifying party, (3) a conflict or potential conflict exists (based on advice of counsel to the indemnified party) between the
indemnified party and the indemnifying party (in which case the indemnifying party will not have the right to direct the defense of such
action on behalf of the indemnified party) or (4) the indemnifying party has not in fact employed counsel to assume the defense of such
action or counsel reasonably satisfactory to the indemnified party, in each case, within a reasonable time after receiving notice of the
commencement of the action; in each of which cases the reasonable fees, disbursements and other charges of counsel will be at the expense
of the indemnifying party or parties. It is understood that the indemnifying party or parties shall not, in connection with any proceeding
or related proceedings in the same jurisdiction, be liable for the reasonable fees, disbursements and other charges of more than one separate
firm admitted to practice in such jurisdiction (plus local counsel) at any one time for all such indemnified party or parties. If such
defense is assumed, the indemnifying party shall not be subject to any liability for any settlement made by the indemnified party without
its consent (but such consent shall not be unreasonably withheld). No indemnifying party shall, without the consent of the indemnified
party, settle or compromise or consent to the entry of any judgment in any pending or threatened claim, action or proceeding relating
to the matters contemplated by this Section 4 (whether or not any indemnified party is a party thereto), unless such settlement, compromise
or consent (1) includes an express and unconditional release of each indemnified party, in form and substance reasonably satisfactory
to such indemnified party, from all liability arising out of such litigation, investigation, proceeding or claim and (2) does not include
a statement as to or an admission of fault, culpability or a failure to act by or on behalf of any indemnified party.

 

    - 15 -

     

    

 

4.1.4 The indemnification provided for
under this Agreement shall remain in full force and effect regardless of any investigation made by or on behalf of the indemnified party
or any officer, director or controlling person of such indemnified party and shall survive the transfer of securities. The Company and
each Holder of Registrable Securities participating in an offering also agrees to make such provisions as are reasonably requested by
any indemnified party for contribution to such party in the event the Company’s or such Holder’s indemnification is unavailable
for any reason.

 

4.1.5 If the indemnification provided
under Section 4.1 hereof from the indemnifying party is unavailable or insufficient to hold harmless an indemnified party in respect
of any losses, claims, damages, liabilities and expenses referred to herein, then the indemnifying party, in lieu of indemnifying the
indemnified party, shall contribute to the amount paid or payable by the indemnified party as a result of such losses, claims, damages,
liabilities and expenses in such proportion as is appropriate to reflect the relative fault of the indemnifying party and the indemnified
party, as well as any other relevant equitable considerations. The relative fault of the indemnifying party and indemnified party shall
be determined by reference to, among other things, whether any action in question, including any untrue or alleged untrue statement of
a material fact or omission or alleged omission to state a material fact, was made by, or relates to information supplied by, such indemnifying
party or indemnified party, and the indemnifying party’s and indemnified party’s relative intent, knowledge, access to information
and opportunity to correct or prevent such action; provided, however, that the liability of any Holder under this subsection
4.1.5 shall be limited to the amount of the net proceeds received by such Holder in such offering giving rise to such liability. The
amount paid or payable by a party as a result of the losses or other liabilities referred to above shall be deemed to include, subject
to the limitations set forth in subsections 4.1.1, 4.1.2 and 4.1.3 above, any legal or other fees, charges or expenses
reasonably incurred by such party in connection with any investigation or proceeding. The parties hereto agree that it would not be just
and equitable if contribution pursuant to this subsection 4.1.5 were determined by pro rata allocation or by any other method of
allocation, which does not take account of the equitable considerations referred to in this subsection 4.1.5. No person guilty
of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution pursuant
to this subsection 4.1.5 from any person who was not guilty of such fraudulent misrepresentation.

 

    - 16 -

     

    

 

ARTICLE V 

MISCELLANEOUS

 

5.1 Notices. Any notice or communication
under this Agreement must be in writing and given by (i) deposit in the United States mail, addressed to the party to be notified, postage
prepaid and registered or certified with return receipt requested, (ii) delivery in person or by courier service providing evidence of
delivery, or (iii) transmission by hand delivery, electronic mail or facsimile. Each notice or communication that is mailed, delivered,
or transmitted in the manner described above shall be deemed sufficiently given, served, sent, and received, in the case of mailed notices,
on the third business day following the date on which it is mailed and, in the case of notices delivered by courier service, hand delivery,
electronic mail or facsimile, at such time as it is delivered to the addressee (with the delivery receipt or the affidavit of messenger)
or at such time as delivery is refused by the addressee upon presentation. Any notice or communication under this Agreement must be addressed,
if to the Company, 444 Gulf of Mexico Dr., Longboat Key, FL 34228, Attention: Chief Financial Officer, and, if to any Holder, at such
Holder’s address or contact information as set forth in the Company’s books and records. Any party may change its address
for notice at any time and from time to time by written notice to the other parties hereto, and such change of address shall become effective
thirty (30) days after delivery of such notice as provided in this Section 5.1.

 

5.2 Assignment; No Third Party Beneficiaries.

 

5.2.1 This Agreement and the rights,
duties and obligations of the Company and the Holders of Registrable Securities, as the case may be, hereunder may not be assigned or
delegated by the Company or the Holders of Registrable Securities, as the case may be, in whole or in part, except in connection with
a transfer of Registrable Securities by such Holder to a Permitted Transferee but only if such Permitted Transferee agrees to become bound
by the transfer restrictions set forth in this Agreement.

 

5.2.2 This Agreement and the provisions
hereof shall be binding upon and shall inure to the benefit of each of the parties and its successors and the permitted assigns of the
Holders, which shall include Permitted Transferees.

 

5.2.3 This Agreement shall not confer
any rights or benefits on any persons that are not parties hereto, other than as expressly set forth in this Agreement, including Section
4.1 and Section 5.2 hereof.

 

5.2.4 No assignment by any party hereto
of such party’s rights, duties and obligations hereunder shall be binding upon or obligate the Company unless and until the Company
shall have received (i) written notice of such assignment as provided in Section 5.1 hereof and (ii) the written agreement of the
assignee, in a form reasonably satisfactory to the Company, to be bound by the terms and provisions of this Agreement (which may be accomplished
by an addendum or certificate of joinder to this Agreement). Any transfer or assignment made other than as provided in this Section
5.2 shall be null and void.

 

5.3 Counterparts. This Agreement may be
executed in multiple counterparts (including facsimile or PDF counterparts), each of which shall be deemed an original, and all of which
together shall constitute the same instrument, but only one of which need be produced.

 

5.4 Governing Law; Venue. NOTWITHSTANDING
THE PLACE WHERE THIS AGREEMENT MAY BE EXECUTED BY ANY OF THE PARTIES HERETO, THE PARTIES EXPRESSLY AGREE THAT (I) THIS AGREEMENT SHALL
BE GOVERNED BY AND CONSTRUED UNDER THE LAWS OF THE STATE OF NEW YORK AS APPLIED TO AGREEMENTS AMONG NEW YORK RESIDENTS ENTERED INTO AND
TO BE PERFORMED ENTIRELY WITHIN NEW YORK, WITHOUT REGARD TO THE CONFLICT OF LAW PROVISIONS OF SUCH JURISDICTION AND (II) THE VENUE FOR
ANY ACTION TAKEN WITH RESPECT TO THIS AGREEMENT SHALL BE ANY STATE OR FEDERAL COURT IN NEW YORK COUNTY IN THE STATE OF NEW YORK.

 

5.5 Amendments and Modifications. Upon the
written consent of the Company and the Holders of at least a majority in interest of the Registrable Securities at the time in question,
compliance with any of the provisions, covenants and conditions set forth in this Agreement may be waived, or any of such provisions,
covenants or conditions may be amended or modified; provided, however, that notwithstanding the foregoing, any amendment
hereto or waiver hereof that adversely affects either the Existing Holders as a group or the New Holders as a group (regardless, in each
case, whether the New Holders or the Existing Holders, respectively, are adversely affected (as a group) to the same extent) shall require
the consent of at least a majority-in-interest of the Registrable Securities held by such Existing Holders or New Holders, as applicable,
at the time in question so affected; provided, further, that notwithstanding the foregoing, any amendment hereto or waiver hereof that
adversely affects one Holder or group of affiliated Holders, solely in its capacity as a holder of the shares of capital stock of the
Company, in a manner that is materially different from the other Holders (in such capacity) shall require the consent of the Holder or
group of affiliated Holders so affected. No course of dealing between any Holder or the Company and any other party hereto or any failure
or delay on the part of a Holder or the Company in exercising any rights or remedies under this Agreement shall operate as a waiver of
any rights or remedies of any Holder or the Company. No single or partial exercise of any rights or remedies under this Agreement by a
party shall operate as a waiver or preclude the exercise of any other rights or remedies hereunder or thereunder by such party.

 

    - 17 -

     

    

 

5.6 Other Registration Rights. The Company
represents and warrants that no person, other than a Holder of Registrable Securities, has any right to require the Company to register
any securities of the Company for sale or to include such securities of the Company in any Registration filed by the Company for the sale
of securities for its own account or for the account of any other person. Further, the Company represents and warrants that this Agreement
supersedes any other registration rights agreement or agreement with similar terms and conditions and in the event of a conflict between
any such agreement or agreements and this Agreement, the terms of this Agreement shall prevail.

 

5.7 Term. This Agreement shall terminate
upon the earlier of (i) the tenth anniversary of the date of this Agreement and (ii) the date as of which (A) all of the Registrable Securities
have been sold pursuant to a Registration Statement (but in no event prior to the applicable period referred to in Section 4(a)(3) of
the Securities Act and Rule 174 thereunder (or any successor rule promulgated thereafter by the SEC)) or (B) with respect to any Holder,
such Holder ceasing to hold Registrable Securities.

 

[Signature Page Follows]

 

    - 18 -

     

    

 

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

 

	 	COMPANY:
	 	 
	 	RUMBLE INC. (formerly known as CF Acquisition Corp. VI)
	 	 	 
	 	By:	/s/ Christopher Pavlovski
	 	Name: 	Chris Pavlovski
	 	Title: 	Chairman and Chief Executive Officer
	 	 	 
	 	EXISTING HOLDERS:
	 	 
	 	CFAC HOLDINGS VI, LLC
	 	 	 
	 	By:	/s/ Howard Lutnick 
	 	Name:	Howard W. Lutnick
	 	Title:	Chief Executive Officer
	 	 	 
	 	By:	/s/ Douglas R. Barnard 
	 	Name:	Douglas R. Barnard
	 	 	 
	 	By:	/s/ Harry J. Elam, Jr. 
	 	Name:	Harry J. Elam, Jr.

 

[Signature Page to the Amended and Restated
Registration Rights Agreement]

 

     

     

    

 

	 	NEW HOLDERS:
	 	 
	 	CHRISTOPHER PAVLOVSKI
	 	 
	 	By:	
    /s/ Christopher
    Pavlovski

	 	Name:	 Christopher Pavlovski

 

	 	2286404 ONTARIO INC.
	 	 
	 	By:	
    /s/ Ryan Milnes

	 	Name:	Ryan Milnes
	 	Title:	
    Director

	 	 	 
	 	BRANDON ALEXANDROFF 
	 	 
	 	By:	
    /s/ Brandon
    Alexandroff

	 	Name:	Brandon Alexandroff
	 	 	 
	 	WOJCIECH HLIBOWICKI
	 	 
	 	By:	
    /s/ Wojciech
    Hlibowicki

	 	Name:	Wojciech Hlibowicki 
	 	 	 
	 	CLAUDIO RAMOLO
	 	 
	 	By:	
    /s/ Claudio
    Ramolo

	 	Name:	Claudio Ramolo 
	 	 

 

[Signature Page to the Amended and Restated
Registration Rights Agreement]

 

     

     

    

 

	 	ALEXANDER KARAPALEVSKI
	 	 
	 	By:	
    /s/ Alexander
    Karapalevski

	 	Name:	Alexander Karapalevski
	 	 	 
	 	2083503 ONTARIO INC.
	 	 
	 	By:	
    /s/ Perry Kereakou

	 	Name:	Perry Kereakou
	 	Title:	
    Secretary and Treasurer

	 	 	 
	 	KRUME KARAPALEVSKI
	 	 
	 	By:	
    /s/ Krume Karapalevski

	 	Name:	Krume Karapalevski
	 	 	 
	 	OBELYSK MEDIA INC.
	 	 
	 	By:	/s/ J.J. Bitove
	 	Name: 	J.J. Bitove 
	 	Title:	
    Vice President

    

 

[Signature Page to the Amended and Restated
Registration Rights Agreement]

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