Document:

FORM
OF

EXCHANGE AGREEMENT

 

EXCHANGE
AGREEMENT (this “Agreement”), dated as of [ ], 2021, among [Pubco], a Delaware corporation, WM Holding
Company, LLC, a Delaware limited liability company, and the holders from time to time party hereto, other than the Corporation
(as defined herein), of LLC Units (as defined herein) from time to time party hereto.

 

WHEREAS,
the parties hereto desire to provide for the exchange of Paired Interests (as defined herein) or Class P Units (as defined herein),
after their conversion to Class A Units, for shares of Class A Common Stock (as defined herein), on the terms and subject to the
conditions set forth herein.

 

NOW,
THEREFORE, in consideration of the mutual covenants and undertakings contained herein and for good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

 

Article
I

 

Section
1.1Definitions

 

The
following definitions shall be for all purposes, unless otherwise clearly indicated to the contrary, applied to the terms used
in this Agreement.

 

“Appraiser
FMV” means the fair market value of a share of Class A Common Stock as determined by an independent appraiser mutually
agreed upon by the Corporation and the relevant Exchanging Member, whose determination shall be final and binding for those purposes
for which Appraiser FMV is used in this Agreement. Appraiser FMV shall be the fair market value determined without regard to any
discounts for minority interest, illiquidity or other discounts. The cost of any independent appraisal in connection with the
determination of Appraiser FMV in accordance with this Agreement shall be borne by OpCo.

 

“Board”
means has the meaning given to such term in the OpCo LLC Agreement.

 

“Business
Day” means a day other than a Saturday, Sunday or other day on which commercial banks in New York, New York, San Francisco,
California or Wilmington, Delaware are authorized or required by Law to close.

 

“Cash
Exchange Class A 5-Day VWAP” means the arithmetic average of the VWAP for each of the five (5) consecutive Trading Days
ending on the Trading Day immediately prior to the Exchange Notice Date (in the case of an Unrestricted Exchange) or the Exchange
Date (in the case of any other Exchange).

 

“Cash
Exchange Notice” has the meaning set forth in ‎Section 2.1(c) of this Agreement.

 

“Cash
Exchange Payment” means with respect to a particular Exchange for which the Corporation has elected to make a Cash Exchange
Payment in accordance with ‎Section 2.1(c):

 

(a)       if
the shares of Class A Common Stock trade on a National Securities Exchange or automated or electronic quotation system, an amount
of cash equal to the product of: (x) the number of shares of Class A Common Stock that would have been received by the Exchanging
Member in the Exchange for that portion of the Exchanged Units subject to the Exchange set forth in the Cash Exchange

 

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Notice
if OpCo or the Corporation, as applicable, had paid the Stock Exchange Payment with respect to such number of Exchanged Units,
and (y) the Cash Exchange Class A 5-Day VWAP; or

 

(b)       if
shares of Class A Common Stock are not then traded on a National Securities Exchange or automated or electronic quotation system,
as applicable, an amount of cash equal to the product of (x) the number of shares of Class A Common Stock that would have been
received by the Exchanging Member in the Exchange for that portion of the Exchanged Units subject to the Exchange set forth in
the Cash Exchange Notice if OpCo or the Corporation, as applicable, had paid the Stock Exchange Payment with respect to such number
of Exchanged Units, and (y) the Appraiser FMV of one (1) share of Class A Common Stock that would be obtained in an arms-length
transaction between an informed and willing buyer and an informed and willing seller, neither of whom is under any compulsion
to buy or sell, respectively, and without regard to the particular circumstances of the buyer or seller.

 

“Change
of Control” has the meaning given to such term in the Tax Receivable Agreement, provided that, for the avoidance
of doubt, any event that constitutes both a Pubco Offer and a Change of Control of the Corporation shall be considered a Pubco
Offer for purposes of this Agreement.

 

“Class
A Common Stock” means the Class A common stock, par value $0.[●] per share, of the Corporation.

 

“Class
V Common Stock” means the Class V common stock, par value $0.[●] per share, of the Corporation.

 

“Class
A Unit” means each unit of limited liability interest in OpCo designated as a “Class A Unit” pursuant to
the OpCo LLC Agreement.

 

“Class
P Unit” means each unit of limited liability interest in OpCo designated as a “Class P Unit” pursuant to
the OpCo LLC Agreement.

 

“Class
P Unit Exchange Rate” means, with respect to any Class P Unit subject to an Exchange Notice, the quotient of (a) the
difference between the Per Unit Equity Value on the Exchange Date and the Participation Threshold applicable to such Class P Unit,
divided by (b) the Per Unit Equity Value on the Exchange Date.

 

“Code”
means the Internal Revenue Code of 1986, as amended.

 

“Corporation”
means [Pubco], a Delaware corporation, and any successor thereto.

 

“Direct
Exchange” has the meaning set forth in ‎Section 2.6 of this Agreement.

 

“Direct
Exchange Election Notice” has the meaning set forth in ‎Section 2.6 of this Agreement.

 

“Exchange”
has the meaning set forth in ‎Section 2.1(a) of this Agreement.

 

“Exchange
Act” means the Securities Exchange Act of 1934, as amended.

 

“Exchange
Blackout Period” means (i) any “black out” or similar period under the Corporation’s policies covering
trading in the Corporation’s securities to which the applicable Exchanging Member is subject (or will be subject at such
time as it owns Class A Common Stock), which period restricts the ability of such Exchanging Member to immediately resell shares
of Class A Common Stock to be delivered to such Exchanging Member in connection with a Stock Exchange Payment and (ii) the period
of time

 

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commencing
on (x) the date of the declaration of a dividend by the Corporation and ending on the first day following (y) the record date
determined by the board of directors of the Corporation with respect to such dividend declared pursuant to clause (x), which period
of time shall be no longer than 10 Business Days; provided that in no event shall an Exchange Blackout Period which respect
to clause (ii) of the definition hereof occur more than four (4) times per calendar year.

 

“Exchange
Date” means, in the case of any Unrestricted Exchange, the date that is five (5) Business Days after the date the Exchange
Notice is given pursuant to ‎Section 2.1(b), unless the Exchanging Member submits a written request to extend such
date and the Corporation in its sole discretion agrees in writing to such extension, and in any other case, the Quarterly Exchange
Date; provided, that if the Exchange Date for any Exchange with respect to which the Corporation elects to make a Stock
Exchange Payment would otherwise fall within any Exchange Blackout Period, then the Exchange Date shall occur on the next Business
Day following the end of such Exchange Blackout Period.

 

“Exchange
Notice Date” means, with respect to an Exchange, the date the applicable Exchange Notice is delivered in accordance
with ‎Section 2.1(b).

 

“Exchange
Rate” means, at any time, the number of shares of Class A Common Stock for which an Exchanged Unit is entitled to be
exchanged at such time. On the date of this Agreement, the Exchange Rate shall be 1 for 1, subject to adjustment pursuant to ‎Section
2.4 hereof.

 

“Exchanged
Units” means any Class A Units (including, for the avoidance of doubt, Class A Units received pursuant to ‎Section
2.2(b)(ii) in exchange for Class P Units subject to an Exchange Notice) to be Exchanged for the Cash Exchange Payment or Stock
Exchange Payment, as applicable, on the applicable Exchange Date.

 

“Exchanging
Member” means, with respect to any Exchange, the LLC Unitholder exchanging Units pursuant to ‎Section 2.1(a)
of this Agreement.

 

“Exchange
Notice” has the meaning set forth in ‎Section 2.1(b) of this Agreement.

 

“LLC
Unit” means each Unit as defined in the OpCo LLC Agreement.

 

“LLC
Unitholder” means each holder of one or more LLC Units that may from time to time be a party to this Agreement.

 

“Managing
Member” has the meaning given to such term in the OpCo LLC Agreement.

 

“National
Securities Exchange” means a securities exchange that has registered with the SEC under Section 6 of the Exchange Act.

 

“OpCo”
means WM holding Company, LLC, a Delaware limited liability company, and any successor thereto.

 

“OpCo
LLC Agreement” means the Fourth Amended and Restated Limited Liability Company Agreement of OpCo, dated on or about
the date hereof, as such agreement may be amended from time to time.

 

“Paired
Interest” means one Class A Unit and one share of Class V Common Stock.

 

“Participation
Threshold” has the meaning given to such term in the OpCo LLC Agreement.

 

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“Per
Unit Equity Value” means, as of any particular time, the amount to which each holder of a Class A Unit would be entitled
in respect of such Class A Unit if the aggregate equity value of the Company as of such time (as reasonably determined by the
Managing Member based on the public trading price of Class A Common Stock) were distributed to the Members in accordance with
Section 4.02 of the OpCo LLC Agreement (assuming for these purposes that any “Tax Distributions” were made pro rata
in accordance with “Class A Percentage Interests”/“LTIP Percentage Interests” (as such terms are defined
in the OpCo LLC Agreement)).

 

“Permitted
Exchange Event” means any of the following events, which has or is occurring, or is otherwise satisfied, as of the Exchange
Date:

 

(i)       The
Exchange is part of one or more Exchanges by an LLC Unitholder and any related persons (within the meaning of Section 267(b) or
707(b)(1) of the Code) that is part of a “block transfer” within the meaning of Treasury Regulations Section 1.7704-1(e)(2)
(for this purpose, treating the Managing Member as a “general partner” within the meaning of Treasury Regulations
Section 1.7704-1(k)(1)),

 

(ii)       The
Exchange is in connection with a Pubco Offer or Change of Control; provided that any such Exchange pursuant to this clause
(ii) shall be effective immediately prior to the consummation of the closing of the Pubco Offer or Change of Control date (and,
for the avoidance of doubt, shall not be effective if such Pubco Offer is not consummated or Change of Control does not occur),
or

 

(iii)       The
Exchange is permitted by the Managing Member, in its sole discretion, in connection with circumstances not otherwise set forth
herein, if the Managing Member determines, after consultation with its outside legal counsel and tax advisor, that the Company
would not be treated as a “publicly traded partnership” under Section 7704 of the Code (or any successor or similar
provision) as a result of or in connection with such Exchange.

 

“Permitted
Transferee” has the meaning given to such term in ‎Section 3.1 of this Agreement.

 

“Person”
means any individual, estate, corporation, partnership, limited partnership, limited liability company, limited company, joint
venture, trust, unincorporated or governmental organization or any agency or political subdivision thereof.

 

“Private
Placement Safe Harbor” means the “private placement” safe harbor set forth in Treasury Regulations Section
1.7704-1(h)(1).

 

“Pubco
Offer” has the meaning set forth in ‎Section 2.7 of this Agreement.

 

“Quarterly
Exchange Date” means, either (x) for each fiscal quarter, the first (1st) Business Day occurring after the sixtieth
(60th) day after the expiration of the applicable Quarterly Exchange Notice Period or (y) such other date as the Corporation shall
determine in its sole discretion; provided that such date is at least sixty (60) days after the expiration of the Quarterly
Exchange Notice Period; provided further that the Corporation shall use commercially reasonable efforts to ensure that
at least one Quarterly Exchange Date occurs each fiscal quarter.

 

“Quarterly
Exchange Notice Period” means, for each fiscal quarter, the period commencing on the third (3rd) Business Day after
the day on which the Corporation releases its earnings for the prior fiscal period, beginning with the first such date that falls
on or after the waiver or expiration of any contractual lock-up period relating to the shares of the Corporation that may be applicable
to an LLC Unitholder (or such other date within such quarter as the Corporation shall determine in its sole discretion) and ending
five

 

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(5)
Business Days thereafter. Notwithstanding the foregoing, the Corporation may change the definition of Quarterly Exchange Notice
Period with respect to any Quarterly Exchange Notice Period scheduled to occur in a calendar quarter subsequent to the then-current
calendar quarter if (x) the revised definition provides for a Quarterly Exchange Notice Period occurring at least once in each
calendar quarter, (y) the first Quarterly Exchange Notice Period pursuant to the revised definition will occur no less than 10
Business Days from the date written notice of such change is sent to each LLC Unitholder (other than the Corporation) and (z)
the revised definition, together with the revised Quarterly Exchange Date resulting therefrom, do not materially adversely affect
the ability of the LLC Unitholders to exercise their Exchange rights pursuant to this Agreement.

 

“Redemption”
has the meaning set forth in ‎Section 2.1(a) of this Agreement.

 

“Restricted
Retraction Notice” has the meaning set forth in ‎Section 2.1(d) of this Agreement.

 

“Stock
Exchange Payment” means, with respect to the portion of any Exchange for which a Cash Exchange Notice is not delivered
by the Corporation, on behalf of OpCo, a number of shares of Class A Common Stock equal to the product of the number of Exchanged
Units multiplied by the Exchange Rate.

 

“Tax
Receivable Agreement” means that certain Tax Receivable Agreement, dated as of [●],
2021, by and among the Corporation and the other parties thereto.

 

“Trading
Day” means a day on which the Nasdaq Stock Market or such other principal United States securities exchange on which
shares of Class A Common Stock are listed, quoted or admitted to trading and is open for the transaction of business (unless such
trading shall have been suspended for the entire day).

 

“Unrestricted
Exchanges” means any Exchange that is in connection with a Permitted Exchange Event or that occurs during a period in
which OpCo meets the requirements of the Private Placement Safe Harbor.

 

“Unvested
Units” has the meaning given to such term in the OpCo LLC Agreement.

 

“VWAP”
means the daily per share volume-weighted average price of shares of Class A Common Stock on the Nasdaq Stock Market or such other
principal United States securities exchange on which shares of Class A Common Stock are listed, quoted or admitted to trading,
as displayed under the heading “Bloomberg VWAP” on the Bloomberg page designated for shares of Class A Common Stock
(or its equivalent successor if such page is not available) in respect of the period from the open of trading on such Trading
Day until the close of trading on such Trading Day (or if such volume-weighted average price is unavailable, (a) the per share
volume- weighted average price of a share of Class A Common Stock on such Trading Day (determined without regard to afterhours
trading or any other trading outside the regular trading session or trading hours), or (b) if such determination is not feasible,
the market price per share of Class A Common Stock, in either case as determined by a nationally recognized independent investment
banking firm retained in good faith for this purpose by the Managing Member).

 

Article
II

 

Section
2.1Exchange Procedure

 

(a)       From
and after 180 days following the date of the consummation of the transactions described in the Corporation’s Registration
Statement on Form S-4 (File No. [ ]), each LLC Unitholder (other than the Corporation) shall be entitled, upon the terms and subject
to the conditions

 

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hereof,
to surrender Paired Interests or Class P Units (other than Unvested Units) to OpCo in exchange for the delivery of the Stock Exchange
Payment or, at the election of the Corporation, the Cash Exchange Payment (such exchange, a “Redemption” and,
together with a Direct Exchange (as defined below), an “Exchange”); provided, that (absent a waiver
by the Managing Member) any such Exchange is for a minimum of the lesser of (i) 10,000 LLC Units (which minimum shall be equitably
adjusted in accordance with any adjustments to the Exchange Rate) and (ii) all of the LLC Units (other than Unvested Units) held
by such LLC Unitholder.

 

(b)       An
LLC Unitholder shall exercise its right to make an Exchange as set forth in ‎Section 2.1(a) above by delivering to
OpCo, with a copy to the Corporation, a written election of exchange in respect of the Paired Interests or Class P Units (other
than Unvested Units) to be exchanged substantially in the form of Exhibit A hereto (an “Exchange Notice”)
in accordance with this ‎Section 2.1(b). An LLC Unitholder may deliver an Exchange Notice with respect to an Unrestricted
Exchange at any time, and, in any other case, during the Quarterly Exchange Notice Period preceding the desired Exchange Date.
An Exchange Notice with respect to an Unrestricted Exchange may specify that the Exchange is to be contingent (including as to
timing) upon the consummation of a purchase by another Person (whether in a tender or exchange offer, an underwritten offering
or otherwise) of the Class A Common Stock into which the Exchanged Units are exchangeable, or contingent (including as to timing)
upon the closing of an announced merger, consolidation or other transaction or event in which such Class A Common Stock would
be exchanged or converted or become exchangeable for or convertible into cash or other securities or property. Notwithstanding
anything to the contrary contained in this Agreement, if, in connection with an Exchange in accordance with this Section 2.1,
a filing is required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”), then the Exchange
Date with respect to all Exchanged Units which would be exchanged into shares of Class A Common Stock resulting from such Exchange
shall be delayed until the earlier of (i) such time as the required filing under the HSR Act has been made and the waiting period
applicable to such Exchange under the HSR Act shall have expired or been terminated or (ii) such filing is no longer required,
at which time such Exchange shall automatically occur without any further action by the holders of any such Exchanged Units. Each
of the LLC Unitholders and the Corporation agree to promptly take all actions required to make such filing under the HSR Act and
the filing fee for such filing shall be paid by OpCo.

 

(c)       Within
three (3) Business Days of the giving of an Exchange Notice, the Corporation, on behalf of OpCo, may elect to settle all or a
portion of the Exchange in cash in an amount equal to the Cash Exchange Payment (in lieu of Class A Common Stock) by giving written
notice of such election to the Exchanging Member within such three (3) Business Day period (such notice, the “Cash Exchange
Notice”). The Cash Exchange Notice shall set forth the portion of the Exchanged Units which will be exchanged for cash
in lieu of Class A Common Stock. Any portion of the Exchange not settled for a Cash Exchange Payment shall be settled for a Stock
Exchange Payment.

 

(d)       The
Exchanging Member may elect to retract its Exchange Notice with respect to an Unrestricted Exchange by giving written notice of
such election to OpCo, with a copy to the Corporation, no later than (1) Business Day prior to the Exchange Date. Subject to the
last two sentences of this ‎Section 2.1(d), if, in the case of an Exchange that is not an Unrestricted Exchange, the
Cash Exchange Class A 5-Day VWAP (determined treating the final date of such period as the Exchange Date) decreases by more than
10% from the Cash Exchange Class A 5-Day VWAP (determined treating the final date of such period as the date of delivery of an
Exchange Notice), the Exchanging Member may elect to retract its Exchange Notice by giving written notice of such election (a
“Restricted Retraction Notice”) to OpCo, with a copy to the Corporation, no later than three (3) Business Days
prior to the Exchange Date. The giving of any notice pursuant to this ‎Section 2.1(d) shall terminate all of the Exchanging
Member’s, the Corporation’s and OpCo’s rights and obligations under this ‎Article II arising from
such retracted Exchange Notice (but not, for the avoidance of doubt, from any Exchange Notice not retracted or that may be delivered
in the future).

 

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An
Exchanging Member may deliver a Restricted Retraction Notice only once in every twelve (12)-month period (and any additional Restricted
Retraction Notice delivered by such Exchanging Member within such twelve (12)-month period shall be deemed null and void ab
initio and ineffective with respect to the revocation of the Exchange specified therein). An Exchanging Member who revokes
an Exchange pursuant to a Restricted Retraction Notice may not participate in the Exchange to occur on the next Quarterly Exchange
Date immediately following the Quarterly Exchange Date with respect to which the Restricted Retraction Notice pertains.

 

[(e)Notwithstanding
anything to the contrary in this Agreement, if the Corporation closes an underwritten distribution of the shares of Class A Common
Stock and the LLC Unitholders (other than, or in addition to, the Corporation) were entitled to resell shares of Class A Common
Stock in connection therewith (by the exercise by such LLC Unitholders of Exchange rights or otherwise) (a “Secondary
Offering”), then, the immediately succeeding Quarterly Exchange Date shall be automatically cancelled and of no force
or effect (and no LLC Unitholder shall be entitled to exercise its Exchange right or deliver a Quarterly Exchange Date Notice
with respect to an Exchange that is not an Unrestricted Exchange in respect of such Quarterly Exchange Date). Notwithstanding
anything to the contrary in this Agreement (a) for so long as the Company does not meet the requirements of the Private Placement
Safe Harbor, any Secondary Offering (other than that pursuant to which all Exchanges are Unrestricted Exchanges) shall only be
undertaken if, during the applicable taxable year, the total number of Quarterly Exchange Dates and prior Secondary Offerings
(other than any pursuant to which all Exchanges are Unrestricted Exchanges) on which Exchanges occur is three (3) or fewer and
(b) the Company and the Corporation shall not be deemed to have failed to comply with their respective obligations under the Corporation’s
Amended and Restated Registration Rights Agreement, dated as of [●], 2021, as amended from time to time, if a Secondary
Offering cannot be undertaken due to the restriction set forth in the preceding clause (a).

 

Section
2.2Exchange Payment

 

(a)       The
Exchange shall be consummated on the Exchange Date.

 

(b)       With
respect to any Class P Units specified in an Exchange Notice, immediately prior to the transactions contemplated in ‎Section
2.2(c) or ‎(d), as applicable, (i) the Exchanging Member shall transfer and surrender such Class P Units to OpCo
free and clear of all liens and encumbrances, (ii) OpCo shall issue such Exchanging Member a number of Class A Units that is equal
to the product of (A) the number of such Class P Units and (B) the Class P Unit Exchange Rate (provided that if the number
of Class A Units determined by this calculation is a negative number, it shall be deemed to be zero (0)), and (iii) such newly
issued Class A Units shall constitute Exchanged Units, which will be immediately surrendered to OpCo or the Corporation in exchange
for the Stock Exchange Payment or Cash Exchange Payment pursuant to ‎Section 2.2(c) or ‎(d), as applicable.

 

(c)       On
the Exchange Date (to be effective immediately prior to the close of business on the Exchange Date), in the case of a Redemption,
(i) the Corporation shall contribute to OpCo, for delivery to the Exchanging Member (x) the Stock Exchange Payment with respect
to any Exchanged Units not subject to a Cash Exchange Notice and (y) the Cash Exchange Payment with respect to any Exchanged Units
subject to a Cash Exchange Notice, (ii) the Exchanging Member shall transfer and surrender the Exchanged Units to OpCo (provided
that, in the case of Paired Interests, the Exchanging Member shall surrender the corresponding number of shares of Class V
Common Stock to the Corporation and the Corporation shall cancel such shares), free and clear of all liens and encumbrances, (iii)
OpCo shall issue to the Corporation a number of Class A Units equal to the number of Exchanged Units surrendered pursuant to clause
(ii), (iv) solely to the extent necessary in connection with a Redemption, the Corporation shall undertake all actions, including
an issuance, reclassification, distribution, division or recapitalization, with

 

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respect
to the Class A Common Stock to maintain a one-to-one ratio between the number of Class A Units owned by the Corporation, directly
or indirectly, and the number of outstanding shares of Class A Common Stock, taking into account the issuance in clause (iii),
any Stock Exchange Payment, and any other action taken in connection with this ‎Section 2.2, and (v) OpCo shall (x)
cancel the redeemed Exchanged Units and (y) transfer to the Exchanging Member the Cash Exchange Payment and/or the Stock Exchange
Payment, as applicable.

 

(d)       On
the Exchange Date (to be effective immediately prior to the close of business on the Exchange Date), in the case of a Direct Exchange,
(i) the Corporation shall deliver to the Exchanging Member, (x) the Stock Exchange Payment with respect to any Exchanged Units
not subject to a Cash Exchange Notice and (y) the Cash Exchange Payment with respect to any Exchanged Units subject to a Cash
Exchange Notice, (ii) the Exchanging Member shall transfer to the Corporation the Exchanged Units and the corresponding shares
of Class V Common Stock (it being understood that the Corporation shall cancel the surrendered shares of Class V Common Stock),
free and clear of all liens and encumbrances, and (iii) solely to the extent necessary in connection with a Direct Exchange, the
Corporation shall undertake all actions, including an issuance, reclassification, distribution, division or recapitalization,
with respect to the shares of Class A Common Stock to maintain a one-to-one ratio between the number of Class A Units owned by
the Corporation, directly or indirectly, and the number of outstanding shares of Class A Common Stock, any Stock Exchange Payment,
and any other action taken in connection with this ‎Section 2.2.

 

(e)       Upon
the Exchange of all of an LLC Unitholder’s LLC Units, such LLC Unitholder shall cease to be a Member (as such term is defined
in the OpCo LLC Agreement) of OpCo.

 

Section
2.3Expenses and Restrictions.

 

(a)       Except
as expressly set forth in this Agreement, OpCo and each exchanging LLC Unitholder shall bear its own expenses in connection with
the consummation of any Exchange, whether or not any such Exchange is ultimately consummated, except that OpCo shall bear any
transfer taxes, stamp taxes or duties, or other similar taxes in connection with, or arising by reason of, any Exchange; provided,
however, that if any shares of Class A Common Stock are to be delivered in a name other than that of the LLC Unitholder
that requested the Exchange, then such LLC Unitholder and/or the person in whose name such shares are to be delivered shall pay
to OpCo the amount of any transfer taxes, stamp taxes or duties, or other similar taxes in connection with, or arising by reason
of, such Exchange or shall establish to the reasonable satisfaction of OpCo that such tax has been paid or is not payable.

 

(b)       Notwithstanding
anything to the contrary herein, the Corporation or OpCo shall use commercially reasonable efforts to restrict issuances of LLC
Units in an amount sufficient for the Company to be eligible for the Private Placement Safe Harbor, and, to the extent that the
Corporation or OpCo determine that OpCo does not meet the requirements of the Private Placement Safe Harbor at any point in any
taxable year, the Corporation or OpCo may impose such restrictions on Exchanges during such taxable year as the Corporation or
OpCo may determine to be necessary or advisable so that OpCo is not treated as a “publicly traded partnership” under
Section 7704 of the Code; provided, that restrictions imposed pursuant to this ‎Section 2.3(b) shall not apply
to any Unrestricted Exchange. Notwithstanding anything to the contrary herein, no Exchange shall be permitted (and, if attempted,
shall be void ab initio) if, in the good faith determination of the Corporation or of OpCo, such an Exchange would pose
a material risk that OpCo would be a “publicly traded partnership” under Section 7704 of the Code.

 

(c)       For
the avoidance of doubt, and notwithstanding anything to the contrary herein, an LLC Unitholder shall not be entitled to effect
an Exchange to the extent the Corporation determines that such Exchange (i) would be prohibited by law or regulation (including,
without limitation, the unavailability of any requisite registration statement filed under the U.S. Securities Act of 1933, as
amended (the

 

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“Securities
Act”), or any exemption from the registration requirements thereunder) or (ii) would not be permitted under any other
agreements with the Corporation or its subsidiaries to which such LLC Unitholder may be party (including, without limitation,
the OpCo LLC Agreement) or any written policies of the Corporation related to unlawful or inappropriate trading applicable to
its directors, officers or other personnel.

 

(d)       The
Corporation may adopt reasonable procedures for the implementation of the exchange provisions set forth in this ‎Article
II, including, without limitation, procedures for the giving of notice of an election of exchange.

 

Section
2.4Adjustment. The Exchange Rate shall be adjusted accordingly if there is: (a)
any subdivision (by any unit split, unit distribution, reclassification, reorganization, recapitalization or otherwise) or combination
(by reverse unit split, reclassification, reorganization, recapitalization or otherwise) of the Class A Units that is not accompanied
by an identical subdivision or combination of the Class A Common Stock or (b) any subdivision (by any stock split, stock dividend
or distribution, reclassification, reorganization, recapitalization or otherwise) or combination (by reverse stock split, reclassification,
reorganization, recapitalization or otherwise) of the Class A Common Stock that is not accompanied by an identical subdivision
or combination of the Class A Units. If there is any reclassification, reorganization, recapitalization or other similar transaction
in which the Class A Common Stock are converted or changed into another security, securities or other property, then upon any
subsequent Exchange, an exchanging LLC Unitholder shall be entitled to receive the amount of such security, securities or other
property that such exchanging LLC Unitholder would have received if such Exchange had occurred immediately prior to the effective
time of such reclassification, reorganization, recapitalization or other similar transaction, taking into account any adjustment
as a result of any subdivision (by any split, distribution or dividend, reclassification, reorganization, recapitalization or
otherwise) or combination (by reverse split, reclassification, recapitalization or otherwise) of such security, securities or
other property that occurs after the effective time of such reclassification, reorganization, recapitalization or other similar
transaction. Except as may be required in the immediately preceding sentence, no adjustments in respect of distributions shall
be made upon the exchange of any LLC Unit.

 

Section
2.5Class A Common Stock to be Issued.

 

(a)       The
Corporation shall at all times reserve and keep available out of its authorized but unissued Class A Common Stock, solely for
the purpose of issuance upon an Exchange, such number of shares of Class A Common Stock as may be deliverable upon any such Exchange;
provided, that nothing contained herein shall be construed to preclude OpCo from satisfying its obligations in respect
of the Exchange of the Exchanged Units by delivery of shares of Class A Common Stock which are held in the treasury of the Corporation
or are held by OpCo or any of their subsidiaries or by delivery of purchased shares of Class A Common Stock (which may or may
not be held in the treasury of the Corporation or held by any subsidiary thereof), or by delivery of the Cash Exchange Payment.
The Corporation and OpCo covenant that all Class A Common Stock issued upon an Exchange will, upon issuance, be validly issued,
fully paid and non-assessable.

 

(b)       The
Corporation and OpCo shall at all times ensure that the execution and delivery of this Agreement by each of the Corporation and
OpCo and the consummation by each of the Corporation and OpCo of the transactions contemplated hereby (including without limitation,
the issuance of the Class A Common Stock) have been duly authorized by all necessary corporate or limited liability company action,
as the case may be, on the part of the Corporation and OpCo, including, but not limited to, all actions necessary to ensure that
the acquisition of shares of Class A Common Stock pursuant to the transactions contemplated hereby, to the fullest extent of the
Corporation’s board of directors’ power and authority and to the extent permitted by law, shall not be subject to
any “moratorium,” “control share acquisition,”

 

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“business
combination,” “fair price” or other form of anti-takeover laws and regulations of any jurisdiction that may
purport to be applicable to this Agreement or the transactions contemplated hereby.

 

(c)       The
Corporation and OpCo covenant and agree that, to the extent that a registration statement under the Securities Act is effective
and available for shares of Class A Common Stock to be delivered with respect to any Exchange, shares that have been registered
under the Securities Act shall be delivered in respect of such Exchange. In the event that any Exchange in accordance with this
Agreement is to be effected at a time when any required registration has not become effective or otherwise is unavailable, upon
the request and with the reasonable cooperation of the LLC Unitholder requesting such Exchange, the Corporation and OpCo shall
use commercially reasonable efforts to promptly facilitate such Exchange pursuant to any reasonably available exemption from such
registration requirements. The Corporation and OpCo shall use commercially reasonable efforts to list the Class A Common Stock
required to be delivered upon exchange prior to such delivery upon each national securities exchange or inter-dealer quotation
system upon which the outstanding Class A Common Stock may be listed or traded at the time of such delivery.

 

Section
2.6Direct Exchange. Notwithstanding anything to the contrary in this ‎Article
II, the Corporation may, in its sole and absolute discretion, elect to effect on the Exchange Date the Exchange of Exchanged
Units for the Cash Exchange Payment and/or the Stock Exchange Payment, as the case may be (and subject to the terms of ‎Section
2.2(c) and ‎(d)), through a direct exchange of such Exchanged Units and with such consideration between the Exchanging
Member and the Corporation (a “Direct Exchange”). Upon such Direct Exchange pursuant to this ‎Section
2.6, the Corporation shall acquire the Exchanged Units and shall be treated for all purposes of this Agreement as the owner
of such Units; provided, that, any such election by the Corporation shall not relieve OpCo of its obligation arising with
respect to such applicable Exchange Notice. The Corporation may, at any time prior to an Exchange Date, deliver written notice
(an “Direct Exchange Election Notice”) to OpCo and the Exchanging Member setting forth its election to exercise
its right to consummate a Direct Exchange; provided that such election does not prejudice the ability of the parties to
consummate an Exchange or Direct Exchange on the Exchange Date. A Direct Exchange Election Notice may be revoked by the Corporation
at any time; provided that any such revocation does not prejudice the ability of the parties to consummate an Exchange
or Direct Exchange on the Exchange Date. The right to consummate a Direct Exchange in all events shall be exercisable for all
the Exchanged Units that would otherwise have been subject to an Exchange. Except as otherwise provided in this ‎Section
2.6, a Direct Exchange shall be consummated pursuant to the same timeframe and in the same manner as the relevant Exchange
would have been consummated had the Corporation not delivered a Direct Exchange Election Notice.

 

SECTION
2.7.Pubco Offer or Change of Control.

 

(a)       In
the event that a tender offer, share exchange offer, issuer bid, take-over bid, recapitalization or similar transaction with respect
to Class A Common Stock (a “Pubco Offer”) is proposed by the Corporation or is proposed to the Corporation
or its stockholders and approved by the Board or is otherwise effected or to be effected with the consent or approval of the Board
or the Corporation will undergo a Change of Control, the LLC Unitholders shall be permitted to deliver an Exchange Notice (which
Exchange Notice shall be effective immediately prior to the consummation
of such Pubco Offer or Change of Control (and, for the avoidance of doubt, shall be contingent upon such Pubco Offer or Change
of Control and not be effective if such Pubco Offer or Change of Control is not consummated)). In the case of a Pubco Offer proposed
by the Corporation, the Corporation will use its reasonable best efforts expeditiously and in good faith to take all such actions
and do all such things as are necessary or desirable to enable and permit the LLC Unitholders to participate in such Pubco Offer
to the same extent or on an economically equivalent basis as the holders of shares of Class A Common Stock without discrimination
(but taking into account, for the avoidance of doubt, the Class P Unit Exchange Rate in the case of any Class P Units). 

 

    10 

     

    

(b)       The
Corporation shall send written notice to the Company and the LLC Unitholders at least thirty (30) days prior to the closing of
the transactions contemplated by the Pubco Offer or the Change of Control date notifying them of their rights pursuant to this
‎Section 2.7, and setting forth, in the case of a Pubco Offer, (i) a copy of the written proposal or agreement pursuant
to which the Pubco Offer will be effected, (ii) the consideration payable in connection therewith, (iii) the terms and conditions
of transfer and payment and (iv) the date and location of and procedures for selling LLC Units, or in the case of a Change of
Control, (x) a description of the event constituting the Change of Control, (y) the date of the Change of Control, and (z) a copy
of any written proposals or agreement relating thereto. In the event that the information set forth in such notice changes from
that set forth in the initial notice, a subsequent notice shall be delivered by the Corporation no less than seven (7) days prior
to the closing of the Pubco Offer or date of the Change of Control.

 

Article
III

 

Section
3.1Additional LLC Unitholders. To the extent an LLC Unitholder validly transfers
any or all of such holder’s LLC Units to another person in a transaction in accordance with, and not in contravention of,
the OpCo LLC Agreement or any other agreement or agreements with the Corporation or any of its subsidiaries to which a transferring
LLC Unitholder may be party, then such transferee (each, a “Permitted Transferee”) shall have the right to
execute and deliver a joinder to this Agreement, substantially in the form of Exhibit B hereto, whereupon such Permitted
Transferee shall become an LLC Unitholder hereunder. To the extent OpCo issues LLC Units in the future, OpCo shall be entitled,
in its sole discretion, to make any holder of such LLC Units an LLC Unitholder hereunder through such holder’s execution
and delivery of a joinder to this Agreement, substantially in the form of Exhibit B hereto.

 

Section
3.2Addresses and Notices. All notices, requests, claims, demands and other communications
hereunder shall be in writing and shall be given (and shall be deemed to have been duly given upon receipt) by delivery in person,
by courier service, by fax, by electronic mail (delivery receipt requested) or by registered or certified mail (postage prepaid,
return receipt requested) to the respective parties at the following addresses (or at such other address for a party as shall
be as specified in a notice given in accordance with this ‎Section 3.2):

 

(a)       If
to the Corporation, to:

 

[
]

Phone: 

Email:

 

(b)       If
to OpCo, to:

 

41
Discovery, 

Irvine,
CA 92618 

Attn:
General Counsel 

Email:
legal@ weedmaps.com

 

(c)       If
to any LLC Unitholder, to the address or other contact information set forth in the records of OpCo from time to time.

 

Section
3.3Further Action. The parties shall execute and deliver all documents, provide
all information and take or refrain from taking action as may be necessary or appropriate to achieve the purposes of this Agreement.

 

    11 

     

    

Section
3.4Binding Effect. This Agreement shall be binding upon and inure to the benefit
of all of the parties and, to the extent permitted by this Agreement, their successors, executors, administrators, heirs, legal
representatives and assigns. No LLC Unitholder may assign its rights under this Agreement without the consent of the Corporation
and OpCo.

 

Section
3.5Severability. If any term or other provision of this Agreement is held to be
invalid, illegal or incapable of being enforced by any rule of law, or public policy, all other conditions and provisions of this
Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions is
not affected in any manner materially adverse to any party. Upon a determination that any term or other provision is invalid,
illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect
the original intent of the parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated
hereby be consummated as originally contemplated to the fullest extent possible.

 

Section
3.6Amendment. The provisions of this Agreement may be amended only by the affirmative
vote or written consent of each of (i) the Corporation, (ii) OpCo and (iii) LLC Unitholders holding at least a majority of the
then outstanding LLC Units (excluding LLC Units held by the Corporation); provided that no amendment may materially, disproportionately
and adversely affect the rights of an LLC Unitholder (other than the Corporation and its subsidiaries) without the consent of
such LLC Unitholder (or, if there is more than one such LLC Unitholder that is so affected, without the consent of a majority
in interest of such affected LLC Unitholders (other than the Corporation and its subsidiaries) in accordance with their holdings
of LLC Units).

 

Section
3.7Waiver. No failure by any party to insist upon the strict performance of any
covenant, duty, agreement or condition of this Agreement or to exercise any right or remedy consequent upon a breach thereof shall
constitute waiver of any such breach of any other covenant, duty, agreement or condition.

 

Section
3.8Submission to Jurisdiction; Waiver of Jury Trial.

 

(a)       Any
and all disputes which cannot be settled amicably with respect to this Agreement, including any action (at law or in equity),
claim, litigation, suit, arbitration, hearing, audit, review, inquiry, proceeding, investigation or ancillary claims of any party,
arising out of, relating to or in connection with the validity, negotiation, execution, interpretation, performance or non-performance
of this Agreement or any matter arising out of or in connection with this Agreement and the rights and obligations arising hereunder
or thereunder, or for recognition and enforcement of any judgment in respect of this Agreement and the rights and obligations
arising hereunder or thereunder brought by a party hereto or its successors or assigns, shall be brought and determined exclusively
in the Delaware Chancery Court, or if such court shall not have jurisdiction, any federal court located in the State of Delaware,
or, if neither of such courts shall have jurisdiction, any other Delaware state court. Each of the parties hereby irrevocably
submits with regard to any such dispute for itself and in respect of its property, generally and unconditionally, to the sole
and exclusive personal jurisdiction of the aforesaid courts and agrees that it will not bring any dispute relating to this Agreement
or any of the transactions contemplated by this Agreement in any court other than the aforesaid courts. Each party irrevocably
consents to service of process in any dispute in any of the aforesaid courts by the mailing of copies thereof by registered or
certified mail, postage prepaid, or by recognized overnight delivery service, to such party at such party’s address referred
to in ‎Section 3.2. Each party hereby irrevocably and unconditionally waives, and agrees not to assert as a defense,
counterclaim or otherwise, in any action brought by any party with respect to this Agreement (i) any claim that it is not personally
subject to the jurisdiction of the aforesaid courts for any reason other than the failure to serve process in accordance with
this ‎Section 3.8; (ii) any claim that it or its property is exempt or immune from the jurisdiction of any such court
or from any legal process commenced in such courts (whether

 

    12 

     

    

through
service of notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise);
or (iii) any objection which such party may now or hereafter have (A) to the laying of venue of any of the aforesaid actions arising
out of or in connection with this Agreement brought in the courts referred to above; (B) that such action brought in any such
court has been brought in an inconvenient forum and (C) that this Agreement, or the subject matter hereof or thereof, may not
be enforced in or by such courts.

 

(b)       To
the extent that any party has or hereafter may acquire any immunity from jurisdiction of any court or from any legal process (whether
through service or notice, attachment prior to judgment, attachment in aid of execution, execution or otherwise) with respect
to itself, or to such party’s property, each such party hereby irrevocably waives such immunity in respect of such party’s
obligations with respect to this Agreement.

 

(c)       EACH
PARTY ACKNOWLEDGES THAT IT IS KNOWINGLY AND VOLUNTARILY AGREEING TO THE CHOICE OF DELAWARE LAW TO GOVERN THIS AGREEMENT AND TO
THE JURISDICTION OF DELAWARE COURTS IN CONNECTION WITH PROCEEDINGS BROUGHT HEREUNDER. THE PARTIES INTEND THIS TO BE AN EFFECTIVE
CHOICE OF DELAWARE LAW AND AN EFFECTIVE CONSENT TO JURISDICTION AND SERVICE OF PROCESS UNDER 6 DEL. C. § 2708.

 

(d)       EACH
PARTY, FOR ITSELF AND ITS AFFILIATES, HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE
LAW ALL RIGHT TO TRIAL BY JURY IN ANY ACTION OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR
RELATING TO THE ACTIONS OF THE PARTIES OR THEIR RESPECTIVE AFFILIATES PURSUANT TO THIS AGREEMENT OR THE OTHER TRANSACTION DOCUMENTS
IN THE NEGOTIATION, ADMINISTRATION, PERFORMANCE OR ENFORCEMENT HEREOF OR THEREOF.

 

(e)       The
parties hereby waive, to the fullest extent permitted by applicable law, any objection which they now or hereafter may have to
personal jurisdiction or to the laying of venue of any such ancillary suit, action or proceeding brought in any court referred
to in Section 3.8(a) and such parties agree not to plead or claim the same.

 

Section
3.9Counterparts. This Agreement may be executed and delivered (including by facsimile
transmission or by e-mail delivery of a “.pdf” format data file) in one or more counterparts, and by the different
parties hereto in separate counterparts, each of which when executed and delivered shall be deemed to be an original but all of
which taken together shall constitute one and the same agreement. Copies of executed counterparts transmitted by telecopy, by
e-mail delivery of a “.pdf” format data file or other electronic transmission service shall be considered original
executed counterparts for purposes of this ‎Section 3.9.

 

Section
3.10Tax Treatment. This Agreement shall be treated as part of the partnership
agreement of OpCo as described in Section 761(c) of the Code and Sections 1.704-1(b)(2)(ii)(h) and 1.761-1(c) of the Treasury
Regulations promulgated thereunder. As required by the Code and the Treasury Regulations, the parties shall report any Exchange
consummated hereunder as a taxable sale of the Exchanged Units (together with an equal number of shares of Class V Common Stock,
if applicable) by an LLC Unitholder to the Corporation in exchange for (i) the payment by the Corporation of the Stock Exchange
Payment, the Cash Exchange Payment, or other applicable consideration to the Exchanging Member, and, if applicable, (ii) corresponding
payments under the Tax Receivable Agreement, and no party shall take a contrary position on any income tax return, amendment thereof
or communication with a taxing authority unless an alternate position is permitted under the Code and Treasury Regulations and
the

 

    13 

     

    

Corporation
consents in writing, such consent not to be unreasonably withheld, conditioned, or delayed. Further, in connection with any Exchange
consummated hereunder, OpCo and/or the Corporation shall provide the exchanging LLC Unitholder with all reasonably necessary information
to enable the exchanging LLC Unitholder to file its income Tax returns for the taxable year that includes the Exchange, including
information with respect to Code Section 751 assets (including relevant information regarding “unrealized receivables”
or “inventory items”) and Section 743(b) basis adjustments as soon as practicable and in all events within 60 days
following the close of such taxable year (and use commercially reasonable efforts to provide estimates of such information within
90 days of the applicable Exchanges). Within thirty (30) days following the Exchange Date, the Corporation shall deliver a Section
743 notification to OpCo in accordance with Treasury Regulations Section 1.743-1(k)(2).

 

Section
3.11Withholding. The Corporation and OpCo shall be entitled to deduct and withhold
from any payments made to an LLC Unitholder pursuant to any Exchange consummated under this Agreement all Taxes that each of the
Corporation and OpCo is required to deduct and withhold with respect to such payments under the Code (and any other provision
of applicable law, including, without limitation, under Section 1445 and Section 1446(f) of the Code). In connection with any
Exchange, the Exchanging Member shall, to the extent it is legally entitled to deliver such form, deliver to the Corporation or
OpCo, as applicable, a certificate, dated as of the Exchange Date, in a form reasonably acceptable to the Corporation certifying
as to such Exchanging Member’s taxpayer identification number and that such Exchanging Member is a not a foreign person
for purposes of Section 1445 and Section 1446(f) of the Code (which certificate may be an Internal Revenue Service Form W-9 if
then sufficient for such purposes under applicable law) (such certificate, a “Non-Foreign Person Certificate”).
If an Exchanging Member is unable to provide a Non-Foreign Person Certificate in connection with an Exchange, then (i) such Exchanging
Member shall provide a certificate substantially in the form described in Proposed Regulations Section 1.1446(f)-2(c)(2)(ii)(B)
or (ii) OpCo shall deliver a certificate reasonably acceptable to the Corporation and substantially in the form described in Proposed
Regulations Section 1.1446(f)-2(c)(2)(ii)(C), in each case setting forth the liabilities of OpCo allocated to the Exchanged Units
subject to the Exchange under Section 752 of the Code, and the Corporation or OpCo, as applicable, shall be permitted to withhold
on the amount realized by such Exchanging Member in respect of such Exchange as provided in Section 1446(f) of the Code and Proposed
Regulations thereunder. The Corporation or OpCo, as applicable, may at their sole discretion reduce the Class A Common Stock issued
to a LLC Unitholder in an Exchange in an amount that corresponds to the amount of the required withholding described in the immediately
preceding sentence and all such amounts shall be treated as having been paid to such LLC Unitholder.

 

Section
3.12Specific Performance. The parties hereto agree that irreparable damage would
occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or
were otherwise breached. It is accordingly agreed that such parties shall be entitled to specific performance of the terms and
provisions hereof, in addition to any other remedy to which they are entitled at law or in equity.

 

Section
3.13Independent Nature of LLC Unitholders’ Rights and Obligations. The obligations
of each LLC Unitholder hereunder are several and not joint with the obligations of any other LLC Unitholder, and no LLC Unitholder
shall be responsible in any way for the performance of the obligations of any other LLC Unitholder hereunder. The decision of
each LLC Unitholder to enter into this Agreement has been made by such LLC Unitholder independently of any other LLC Unitholder.
Nothing contained herein, and no action taken by any LLC Unitholder pursuant hereto, shall be deemed to constitute the LLC Unitholders
as a partnership, an association, a joint venture or any other kind of entity, or create a presumption that the LLC Unitholders
are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated hereby. The Corporation
acknowledges that the LLC Unitholders are not acting in concert or as a group, and the Corporation will not assert any such claim,
with respect to such obligations or the transactions contemplated hereby.

 

    14 

     

    

Section
3.14Applicable Law. This Agreement shall be governed by, and construed in accordance
with, the law of the State of Delaware, without regards to its principles of conflicts of laws.

 

[Remainder
of Page Intentionally Left Blank]

 

    15 

     

    

IN
WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered, all as of the date first set
forth above.

 

	 	[Pubco]
	 	 	 
	 	By:	 
	 	Name: 	 
	 	Title:	 
	 	 	 
	 	WM Holding Company, LLC
	 	 	 
	 	By:	 
	 	Name: 	 
	 	Title:	 

  

 

	 	 
	 	 	 
	 	By:	 
	 	Name: 	 
	 	Title:	 

 

 

[Signature
Page to Exchange Agreement]

    16 

     

    

EXHIBIT
A

 

[FORM OF]

EXCHANGE NOTICE

 

[Pubco Address]

 

[OpCo Address]

 

Reference
is hereby made to the Exchange Agreement, dated as of [ ], 2021 (as amended from time to time, the “Exchange Agreement”),
among WM Holding Company, LLC, a Delaware limited liability company (together with any successor thereto, “OpCo”),
[Pubco], a Delaware corporation (“Pubco”) and managing member of OpCo, and the LLC Unitholders from
time to time party thereto (each, a “Holder”). Capitalized terms used but not defined herein shall have the
meanings given to them in the Exchange Agreement.

 

The
undersigned Holder hereby transfers [the number of Class A Units plus shares of Class V Common Stock set forth below (together,
the “Paired Interests”)][the number of Class P Units] in Exchange for shares of Class A Common Stock to be
issued in its name as set forth below, or the Cash Exchange Payment, as applicable, as set forth in the Exchange Agreement.

 

	Legal Name of Holder:   	 	 

	Address:   		 

	Number of [Paired Interests]
    [Class P Units] to be Exchanged:  	 	 

	Brokerage Account Details:   	 	 

  

The
undersigned hereby represents and warrants that (i) the undersigned has full legal capacity to execute and deliver this Exchange
Notice and to perform the undersigned’s obligations hereunder; (ii) this Exchange Notice has been duly executed and delivered
by the undersigned and is the legal, valid and binding obligation of the undersigned enforceable against it in accordance with
the terms thereof or hereof, as the case may be, subject to applicable bankruptcy, insolvency and similar laws affecting creditors’
rights generally and the availability of equitable remedies; (iii) the [Paired Interests][ Class P Units] subject to this Exchange
Notice are being transferred to Pubco or OpCo, as applicable, free and clear of any pledge, lien, security interest, encumbrance,
equities or claim; and (iv) no consent, approval, authorization, order, registration or qualification of any third party or with
any court or governmental agency or body having jurisdiction over the undersigned or the [Paired Interests][ Class P Units] subject
to this Exchange Notice is required to be obtained by the undersigned for the transfer of such [Paired Interests][ Class P Units]
to PubCo or OpCo, as applicable.

 

The
undersigned hereby irrevocably constitutes and appoints any officer of PubCo or of OpCo as the attorney of the undersigned, with
full power of substitution and resubstitution in the premises, to do any and all things and to take any and all actions that may
be necessary to transfer to PubCo or OpCo, as applicable, the [Paired Interests][ Class P Units] subject to this Exchange Notice
and to deliver to the undersigned the Stock Exchange Payment or Cash Exchange Payment, as applicable, to be delivered in exchange
therefor.

 

IN
WITNESS WHEREOF the undersigned, by authority duly given, has caused this Exchange Notice to be executed and delivered by the
undersigned or by its duly authorized attorney.

 

[Signature
Page to Exchange Agreement] 

    17 

     

    

	 	 
	 	Name:	 
	 	 	 
	 	 	 
	 	Dated:	 

  

 

[Signature
Page to Exchange Agreement] 

    18 

     

    

EXHIBIT
B

 

JOINDER

 

This
Joinder Agreement (“Joinder Agreement”) is a joinder to the Exchange Agreement, dated as of [●], 2021
(as amended from time to time, the “Exchange Agreement”), among [Pubco], a Delaware corporation (together with
any successor thereto, the “Corporation”), WM Holding Company, LLC, a Delaware limited liability company, and
each of the LLC Unitholders from time to time party thereto. Capitalized terms used but not defined in this Joinder Agreement
shall have their meanings given to them in the Exchange Agreement. This Joinder Agreement shall be governed by, and construed
in accordance with, the law of the State of Delaware. In the event of any conflict between this Joinder Agreement and the Exchange
Agreement, the terms of this Joinder Agreement shall control.

 

The
undersigned hereby joins and enters into the Exchange Agreement having acquired LLC Units in WM Holding Company, LLC. By signing
and returning this Joinder Agreement to the Corporation, the undersigned accepts and agrees to be bound by and subject to all
of the terms and conditions of and agreements of an LLC Unitholder contained in the Exchange Agreement, with all attendant rights,
duties and obligations of an LLC Unitholder thereunder. The parties to the Exchange Agreement shall treat the execution and delivery
hereof by the undersigned as the execution and delivery of the Exchange Agreement by the undersigned and, upon receipt of this
Joinder Agreement by the Corporation and by WM Holding Company, LLC, the signature of the undersigned set forth below shall constitute
a counterpart signature to the signature page of the Exchange Agreement.

  

	Name:   	 	 

	Address for Notices:      		 

	 	 
	 	 
	 	 

  

	Attention	 	 

	With copies to:    	 	 

	 	 
	 	 
	 	 

 

 

 

 

 

[Signature
Page to Exchange Agreement]

    19Exhibit 10.2

 

Execution copy 

 

VOTING
AND SUPPORT AGREEMENT

 

This
VOTING AND SUPPORT AGREEMENT (this “Agreement”) is being executed and delivered as of December 10, 2020,
by the Person named on the signature page hereto (the “Equityholder”), in favor of, and for the benefit of
Silver Spike Acquisition Corp., a Cayman Islands exempted company (together with its successors, including the resulting Delaware
corporation after the consummation of the Domestication (as defined below), “Parent”), and WM Holding Company,
LLC, a Delaware limited liability company (together with its successors, including the surviving limited liability company in
the Merger (as defined below), the “Company”). For purposes of this Agreement, Parent, the Company and the
Equityholder are each a “Party” and collectively the “Parties”. Each capitalized term used
and not otherwise defined herein has the meaning ascribed to such term in the Merger Agreement (as defined below).

 

R E C I T A L S

 

WHEREAS,
pursuant to and subject to the terms and conditions of that certain Agreement and Plan of Merger, dated as of the date hereof
(the “Merger Agreement”), by and among Parent, Silver Spike Merger Sub LLC, a Delaware limited liability company
and wholly-owned subsidiary of Parent (“Merger Sub”), the Company, and, solely in its capacity as the Holder
Representative thereunder, Ghost Media Group, LLC, a Nevada limited liability company (the “Holder Representative”),
among other matters, (i) Parent will domesticate as a Delaware corporation in accordance with the applicable provisions of the
Companies Law (2018 Revision) of the Cayman Island and the General Corporation Law of the State of Delaware, and (ii) Merger Sub
will merge with and into the Company (the “Merger”), with the Company continuing as the surviving limited liability
company and a subsidiary of Parent;

 

WHEREAS,
as of the date hereof, the Equityholder is the record and beneficial owner of the Common Units and Incentive Units, as applicable,
set forth next to the Equityholder’s name on the signature pages hereto (such units, together with any other limited liability
company or other equity interests of the Company beneficially owned by the Equityholder, the “Subject Units”);
and

 

WHEREAS,
the Equityholder is entering into this Agreement in order to induce Parent and the Company to enter into the Merger Agreement
and consummate the transactions contemplated thereby, pursuant to which the Equityholder will directly or indirectly receive a
material benefit.

 

NOW,
THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Equityholder
hereby covenants and agrees as follows:

 

Section
1.Voting.

 

    1 

     

    

(a)       The
Equityholder agrees to take all actions necessary or advisable to execute and deliver the Company Member Approval to the Company
as promptly as practicable, and in any event within three (3) Business Days, following the date that Parent receives, and notifies
the Equityholder, the Company or the Holder Representative of Parent’s receipt of, SEC approval and effectiveness of the
Registration Statement or Proxy Statement.

 

(b)       Prior
to the date on which this Agreement is terminated in accordance with its terms (the “Voting Period”), at each
meeting of the Company Members, and in each written consent or resolutions of any of the Company Members in which the Equityholder
is entitled to vote or consent, the Equityholder hereby unconditionally and irrevocably agrees to be present for such meeting
and vote (in person or by proxy), or consent to any action by written consent or resolution with respect to, as applicable, the
Subject Units and any other limited liability company or other equity interests of the Company over which the Equityholder has
voting power (i) in favor of, and to adopt, the Merger Agreement, the Ancillary Agreements and the transactions contemplated thereby,
(ii) in favor of the other matters set forth in the Merger Agreement to the extent required for the Company to carry out its obligations
thereunder, and (iii) in opposition to: (A) any Acquisition Transaction and any and all other proposals (x) that could reasonably
be expected to delay or impair the ability of the Company to consummate the transactions contemplated by the Merger Agreement
or any Ancillary Agreement or (y) which are in competition with or materially inconsistent with the Merger Agreement or any Ancillary
Agreement or (B) any other action or proposal involving the Company or any of its Subsidiaries that is intended, or would reasonably
be expected, to prevent, impede, interfere with, delay, postpone or adversely affect in any material respect the transactions
contemplated by the Merger Agreement or any Ancillary Agreement or would reasonably be expected to result in any of the conditions
to the Company’s obligations under the Merger Agreement not being fulfilled.

 

(c)       The
Equityholder agrees not to deposit, and to cause its Affiliates not to deposit, any Subject Units in a voting trust or subject
any Subject Units to any arrangement or agreement with respect to the voting of such Subject Units, unless specifically requested
to do so by the Company and Parent in connection with the Merger Agreement, the Ancillary Agreements or the transactions contemplated
thereby.

 

(d)       The
Equityholder agrees, except as contemplated by the Merger Agreement or any Ancillary Agreement, not to make, or in any manner
participate in, directly or indirectly, a “solicitation” of “proxies” or consents (as such terms are used
in the rules of the SEC) or powers of attorney or similar rights to vote, or seek to advise or influence any Person with respect
to the voting of, any limited liability company or other equity interests of the Company in connection with any vote or other
action with respect to transactions contemplated by the Merger Agreement or any Ancillary Agreement, other than to recommend that
the Company Members vote in favor of the adoption of the Merger Agreement, the Ancillary Agreements and the transactions contemplated
thereby (and any actions required in furtherance thereof and otherwise as expressly provided in this Section 1).

 

(e)       The
Equityholder agrees (i) to refrain from exercising any dissenters’ rights or rights of appraisal under applicable Law at
any time with respect to the

 

    2 

     

    

Merger
Agreement, the Ancillary Agreements and the transactions contemplated thereby and (ii) not to commence or participate in any claim,
derivative or otherwise, against the Company, Parent or any of their respective Affiliates relating to the negotiation, execution
or delivery of this Agreement or the Merger Agreement or the consummation of the Merger, including any claim (A) challenging the
validity of, or seeking to enjoin the operation of, any provision of this Agreement or (B) alleging a breach of any fiduciary
duty of the Board of Directors of the Company in connection with this Agreement, the Merger Agreement or the Merger.

 

(f)       The
Equityholder agrees that during the Voting Period it shall not, and shall cause its Affiliates not to, without Parent’s
and the Company’s prior written consent, (i) make or attempt to make any Transfer of Subject Units, except (A) if the Equityholder
is an individual, the Equityholder may Transfer any such Subject Units (1) to any member of such Equityholder’s immediate
family, or to a trust for the benefit of the Equityholder or any member of such Equityholder’s immediate family, the sole
trustees of which are the Equityholder or any member of the Equityholder’s immediate family or (2) by will, other testamentary
document or under the laws of intestacy upon the death of such Equityholder; or (B) if the Equityholder is an entity, the Equityholder
may Transfer any Subject Units to any partner, member or Affiliate of the Equityholder; provided that, in each case, such transferee
of Subject Units signs a joinder to this Agreement in a form reasonably acceptable to Parent and the Company agreeing to be bound
by this Section 1; (ii) grant any proxies or powers of attorney with respect to any or all of the Subject Units; or (iii) take
any action with the intent to prevent, impede, interfere with or adversely affect the Equityholder’s ability to perform
its obligations under this Section 1. The Company hereby agrees to reasonably cooperate with Parent in enforcing the transfer
restrictions set forth in this Section 1.

 

(g)       In
the event of any equity dividend or distribution, or any change in the equity interests of the Company by reason of any equity
dividend or distribution, equity split, recapitalization, combination, conversion, exchange of equity interests or the like, the
term “Subject Units” shall be deemed to refer to and include the Subject Units as well as all such equity dividends
and distributions and any securities into which or for which any or all of the Subject Units may be changed or exchanged or which
are received in such transaction. The Equityholder agrees during the Voting Period to notify Parent promptly in writing of the
number and type of any additional Subject Units acquired by the Equityholder, if any, after the date hereof.

 

(h)       During
the Voting Period, the Equityholder agrees to provide to Parent, the Company and their respective Representatives any information
regarding the Equityholder or the Units that is reasonably requested by Parent, the Company or their respective Representatives
and required in order for the Company and Parent to comply with Sections 9.05 and 9.09 of the Merger Agreement. To the extent
required by applicable Law, the Equityholder hereby authorizes the Company and Parent to publish and disclose in any announcement
or disclosure required by the SEC, Nasdaq or the Registration Statement (including all documents and schedules filed with the
SEC in connection with the foregoing), the Equityholder’s identity and ownership of the Units and the nature of the Equityholder’s
commitments and agreements under this Agreement, the Merger Agreement and any other Ancillary Agreements;

 

    3 

     

    

provided
that such disclosure is made in compliance with the provisions of the Merger Agreement.

 

Section
2.Appointment of Holder Representative; Further Assurances

 

(a)       Appointment
of Holder Representative. The Equityholder agrees and consents to the irrevocable appointment of Ghost Media Group, LLC, a
Nevada limited liability company, as Holder Representative and as the sole agent and attorney-in-fact for and on behalf of the
Holders, including the undersigned, with full power of substitution, with all of the powers and authority contemplated by (x)
the Merger Agreement, including Section 12.01 and Section 12.02 thereof and (y) any agreement between Holder Representative and
the Exchange Agent. The Equityholder acknowledges and agrees that any compromise or settlement of any matter by the Holder Representative
as contemplated by the Merger Agreement (including Section 12.01 and Section 12.02 thereof) shall be binding upon, and fully
enforceable against, the undersigned.

 

(b)       Further
Assurances. The Equityholder agrees to execute and deliver, or cause to be executed and delivered, all further documents and
instruments as Parent may reasonably request to consummate and make effective the transactions contemplated by this Agreement.
Without limiting the foregoing, the Equityholder agrees that it shall, and shall cause its Affiliates to, (i) file or supply,
or cause to be filed or supplied, in connection with the transactions contemplated by this Agreement and the Ancillary Agreements,
all notifications and filings (or, if required by the relevant Governmental Authorities, drafts thereof) required to be filed
or supplied pursuant to applicable Antitrust Laws or other regulatory Laws as promptly as practicable after the date hereof (and
all such filings shall not be withdrawn or otherwise rescinded without the prior written consent of Parent) and (ii) use its reasonable
best efforts to provide, or cause to be provided, any information requested by Governmental Authorities in connection therewith.

 

Section
3.Restriction on Sale of Securities.

 

(a)       The
Equityholder hereby agrees and covenants that, it will not, during the period from the date of the Closing and ending on the date
that is one-hundred and eighty (180) days following the date of the Closing (the “Lock-Up Period”), (i) Transfer
any limited liability company interests of the Surviving Company or any equity interests of Surviving Pubco (including shares
of Surviving Pubco Class A Common Stock) received or retained as consideration under the Merger Agreement, including securities
held in escrow or otherwise issued or delivered after the Closing pursuant to the Merger Agreement (collectively, the “Restricted
Securities”) (a “Prohibited Transfer”). If any Prohibited Transfer is made or attempted contrary
to the provisions of this Agreement, such purported Prohibited Transfer shall be null and void ab initio, and Parent and the Company
shall refuse to recognize any such purported transferee of the Restricted Securities as one of its equity holders for any purpose.
In order to enforce this ‎Section 4, Parent and the Company may impose stop-transfer instructions with respect to the Restricted
Securities of the Equityholder until the end of the Lock-Up Period, as well as include customary legends on any certificates for
any of the Restricted Securities reflecting the restrictions under this ‎Section 4.

 

    4 

     

    

(b)       Notwithstanding
the provisions set forth in ‎Section 4(a), Transfers of Restricted Securities during the Lock-Up Period are permitted (i)
in the case of an individual, by gift to a member of the individual’s immediate family, or to a trust, the beneficiary of
which is a member of the individual’s immediate family or an affiliate of such person, or to a charitable organization;
(ii) in the case of an individual, by virtue of laws of descent and distribution upon death of the individual; (iii) in the case
of an individual, pursuant to a qualified domestic relations order; (iv) in the case of an entity, Transfers to a stockholder,
partner, member or affiliate of such entity; (v) in the case of an entity, Transfers by virtue of the laws of the state of the
entity’s organization and the entity’s organizational documents upon dissolution of the entity; (vi) transactions
relating to Pubco Class A Common Stock or other securities convertible into or exercisable or exchangeable for Pubco Class A Common
Stock acquired in open market transactions after the Closing, provided that no such transaction is required to be, or is, publicly
announced (whether on Form 4, Form 5 or otherwise, other than a required filing on Schedule 13F, 13G or 13G/A) during the Lock-Up
Period; (vii) the exercise of any options or warrants to purchase Pubco Class A Common Stock (which exercises may be effected
on a cashless basis to the extent the instruments representing such options or warrants permit exercises on a cashless basis);
(viii) Transfers to the Company to satisfy tax withholding obligations pursuant to the Company’s equity incentive plans
or arrangements; (ix) Transfers to the Company pursuant to any contractual arrangement in effect at the Closing that provides
for the repurchase by the Company or forfeiture of the Equityholder’s Restricted Securities in connection with the termination
of the Equityholder’s service to the Company; (x) the entry, by the Equityholder, at any time after the Closing, of any
trading plan providing for the sale of Pubco Class A Common Stock by the Equityholder, which trading plan meets the requirements
of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended, provided, however, that such plan does
not provide for, or permit, the sale of any Pubco Class A Common Stock during the Lock-Up Period and no public announcement or
filing is voluntarily made or required regarding such plan during the Lock-Up Period; and (xi) transaction in the event of the
Surviving Company’s or the Surviving Pubco’s completion of a liquidation, merger, amalgamation, share exchange, reorganization
or other similar transaction which results in all of the equityholders of the Surviving Company or Surviving Pubco, as applicable,
having the right to exchange their limited liability company interests of the Surviving Company or equity interests of Surviving
Pubco for cash, securities or other property; provided, however, that, in the case of clauses (i) through (v), these permitted
transferees must enter into a written agreement with the Parent agreeing to be bound by the transfer restrictions in this Agreement.

 

(c)       For
purposes of this Agreement, “Transfer” means the (i) sale or assignment of, offer to sell, contract or agreement to
sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly,
or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position
within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the SEC
promulgated thereunder with respect to, any security, (ii) entry into any swap or other arrangement that transfers to another,
in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled
by delivery of such securities, in cash or otherwise, or (iii) public announcement of any intention to effect any transaction
specified in clause (i) or (ii).

 

    5 

     

    

(d)       For
purposes of this Section 3, “immediate family” shall mean a spouse, domestic partner, child, grandchild or other lineal
descendant (including by adoption), father, mother, brother or sister of the Equityholder; and “affiliate” shall have
the meaning set forth in Rule 405 under the Securities Act of 1933, as amended. 

 

Section
4.Equityholder Representations and Warranties. The Equityholder represents and warrants to Parent and Merger Sub as
follows.

 

(a)       Organization.
If the Equityholder is not an individual, it is duly organized, validly existing and in good standing (where applicable) under
the laws of the jurisdiction in which it is incorporated, organized or constituted, and the execution, delivery and performance
of this Agreement and the consummation of the transactions contemplated hereby are within the Equityholder’s corporate or
organizational powers and have been duly authorized by all necessary corporate or organizational action on the part of the Equityholder.
If the Equityholder is an individual, the Equityholder has full legal capacity, right and authority to execute and deliver this
Agreement and to perform his or her obligations hereunder and the Equityholder’s Subject Units do not constitute community
property under applicable Law.

 

(b)       Ownership
of Subject Units. The Equityholder is the record and beneficial owner (as defined in Rule 13d-3 under the Securities Exchange
Act of 1934, as amended) of, and has good and valid title to, all of the Equityholder’s Subject Units (including those set
forth on the Equityholder’s signature page hereto), free and clear of any Lien, or any other limitation or restriction (including
any restriction on the right to vote, sell or otherwise dispose of such Subject Units), except (i) transfer restrictions under
the Securities Act of 1933, (ii) prior to the Closing, the Company Operating Agreement and (iii) this Agreement. The Equityholder’s
Subject Units set forth on the signature pages hereto are the only securities of the Company owned of record or beneficially by
the Equityholder or the Equityholder’s Affiliates, family members or trusts for the benefit of the Equityholder or any of
the Equityholder’s family members on the date of this Agreement. The Equityholder has the sole right to transfer and direct
the voting of the Equityholder’s Subject Units and, other than the Company Operating Agreement, none of the Equityholder’s
Subject Units are subject to any proxy, voting trust or other agreement, arrangement or restriction with respect to the voting
of such Subject Units, except as expressly provided herein for the benefit of Parent. The Equityholder has the requisite voting
power and the requisite power to agree to all of the matters set forth in this Agreement, with respect to all of its Subject Units,
in each case necessary to perform its obligations under this Agreement, with no limitations, qualifications or restrictions on
such rights.

 

(c)       Authority.
This Agreement has been duly executed and delivered by the Equityholder and, assuming the due authorization, execution and
delivery hereof by Parent and that this Agreement constitutes a legally valid and binding agreement of Parent, this Agreement
constitutes a legally valid and binding obligation of the

 

    6 

     

    

Equityholder,
enforceable against the Equityholder in accordance with the terms hereof (subject only to the effect, if any, of (i) applicable
bankruptcy and other similar applicable Law affecting the rights of creditors generally and (ii) rules of law governing specific
performance, injunctive relief and other equitable remedies). If this Agreement is being executed in a representative or fiduciary
capacity, the Person signing this Agreement has full power and authority to enter into this Agreement on behalf of the Equityholder.

 

(d)       Non-Contravention.
The execution and delivery of this Agreement by the Equityholder does not, and the performance by the Equityholder of its, his
or her obligations hereunder will not, (i) result in a violation of applicable Law, except for such violations which would not
reasonably be expected, individually or in the aggregate, to have a material effect upon such Equityholder’s ability to
perform its obligations under the Merger Agreement or any Ancillary Agreement or to consummate the transactions contemplated thereby,
(ii) if the Equityholder is not an individual, conflict with or result in a violation of the governing documents of the Equityholder,
(iii) require any consent or approval that has not been given or other action (including notice of payment or any filing
with any Governmental Authority) that has not been taken by any Person (including under any Contract binding upon the Equityholder
or the Equityholder’s Subject Units), except where the failure to obtain such consents or to take such actions would not
reasonably be expected, individually or in the aggregate, to have a material effect upon such Equityholder’s ability to
perform its obligations under the Merger Agreement or any Ancillary Agreement or to consummate the transactions contemplated thereby,
or (iv) result in the creation or imposition of any Lien on the Equityholder’s Subject Units. There is no beneficiary or
holder of a voting trust certificate or other interest of any trust of which the Equityholder is a trustee whose consent is required
for either the execution and delivery of this Agreement or the consummation by the Equityholder of the transactions contemplated
by this Agreement that has not been obtained.

 

(e)       Legal
Proceedings. There is no Action pending against, or to the knowledge of the Equityholder, threatened against the Equityholder
or any of its Affiliates, by or before (or that would be by or before) any Governmental Authority or arbitrator that, if determined
or resolved adversely in accordance with the plaintiff’s demands, would reasonably be expected, individually or in the aggregate,
to prevent or enjoin such Equityholder’s performance of its obligations under the Merger Agreement or any Ancillary Agreement.
None of the Holder or any of its Affiliates is subject to any Governmental Order that would reasonably be expected, individually
or in the aggregate, to prevent or enjoin such Equityholder’s performance of its obligations under the Merger Agreement
or any Ancillary Agreement.

 

(f)       Trusts.
If the Equityholder is the beneficial owner of any Subject Units held in trust, no consent of any beneficiary of such trust
is required in connection with the execution and delivery of this Agreement and the consummation of the transactions contemplated
hereby or by the Merger Agreement.

 

Section
5.Finders Fees. No investment banker, broker, finder or other intermediary is entitled to a fee or commission from
the Equityholder, the Company or any of their respective Affiliates in respect of the Merger Agreement, this Agreement or any
of the respective transactions contemplated thereby and hereby based upon any arrangement or agreement made by or, to the knowledge
of the

 

    7 

     

    

Equityholder,
on behalf of the Equityholder, except as set forth on Section 5.15 of the Company Disclosure Schedule.

 

Section
6.Remedies. The Equityholder acknowledges and agrees that the rights of each party contemplated by this Agreement are
unique. Accordingly, the Equityholder agrees that a remedy at law for any breach of this Agreement would be inadequate and that
the Company, Parent, their Subsidiaries or their respective Affiliates, in addition to any other remedies available, shall be
entitled to obtain preliminary and permanent injunctive relief to secure specific performance of such covenants and to prevent
a breach or contemplated breach of this Agreement without the necessity of proving actual damage or posting a bond or other security.
The Equityholder will be responsible for any breach or violation of this Agreement by its Representatives. In the event of any
Action under this Agreement between the Equityholder and the Company or Parent, as applicable, the non-prevailing party in such
Action as determined in a final, non-appealable decision by a court of competent jurisdiction will pay its own expenses and the
reasonable out-of-pocket expenses, including reasonable attorneys’ fees and costs, incurred by the other party. The occurrence
of the Closing will not relieve the Equityholder of any obligation or liability arising from any breach by the Equityholder of
this Agreement prior to the Closing.

 

Section
7.Severability. Each provision of this Agreement is separable from every other provision of this Agreement. If any
provision of this Agreement is found or held to be invalid, illegal or unenforceable, in whole or in part, by a court of competent
jurisdiction, then (i) such provision will be deemed amended to conform to applicable laws so as to be valid, legal and enforceable
to the fullest possible extent, (ii) the invalidity, illegality or unenforceability of such provision will not affect the validity,
legality or enforceability of such provision under any other circumstances or in any other jurisdiction, and (iii) the invalidity,
illegality or unenforceability of such provision will not affect the validity, legality or enforceability of the remainder of
such provision or the validity, legality or enforceability of any other provision of this Agreement. Without limiting the foregoing,
if any covenant of the Equityholder in this Agreement is held to be unreasonable, arbitrary, or against public policy, such covenant
shall be considered to be divisible with respect to scope, time and geographic area, and such lesser scope, time or geographic
area, or all of them, as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public
policy, shall be effective, binding and enforceable against the Equityholder.

 

Section
8.Governing Law; Submission to Jurisdiction; Waiver of Jury. Section 13.07 and Section 13.13 of the Merger Agreement
are incorporated herein by reference, mutatis mutandis.

 

Section
9.Waiver. No failure on the part of any Person to exercise any power, right, privilege or remedy under this Agreement,
and no delay on the part of any Person in exercising any power, right, privilege or remedy under this Agreement, shall operate
as a waiver of such power, right, privilege or remedy; and no single or partial exercise of any such power, right, privilege or
remedy shall preclude any other or further exercise thereof or of any other power, right, privilege or remedy. Any extension or
waiver in favor of the Equityholder of any provision hereto shall be valid only if set forth in an instrument in writing signed
by Parent and the Company; and

 

    8 

     

    

provided,
that any such waiver shall not be applicable or have any effect except in the specific instance in which it is given.

 

Section
10.Headings; Interpretation; Counterparts. The provisions of Section 13.08 of the Merger Agreement are hereby incorporated
herein by reference, mutatis mutandis.

 

Section
11.Successors and Assigns; Third Party Beneficiaries. The provisions of this Agreement shall be binding upon and inure
to the benefit of the Parties and their respective successors and assigns; provided that no Party may assign, delegate or otherwise
transfer any of its rights or obligations under this Agreement without the prior written consent of the other Party, except that
the Company, Parent or any of their respective Subsidiaries may transfer or assign its rights and obligations under this Agreement,
in whole or from time to time in part, to (i) one or more of its Affiliates at any time and (ii) after the Effective Time, to
any Person; provided that no such transfer or assignment shall relieve such party of its obligations hereunder or enlarge, alter
or change any obligation of any other Party. Each of the Company, Parent and their respective Subsidiaries are express third party
beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

 

Section
12.Trusts. If applicable, for purposes of this Agreement, the Equityholder with respect to any Subject Units held in
trust shall be deemed to be the relevant trust and/or the trustees thereof acting in their capacities as such trustees, in each
case as the context may require, including for purposes of such trustees’ representations and warranties as to the proper
organization of the trust, their power and authority as trustees and the non-contravention of the trust’s governing instruments.

 

Section
13.Amendments. This Agreement may only be amended or modified by an instrument in writing signed by each of the Equityholder,
Parent and the Company.

 

Section
14.Notices. All notices and other communications among the parties hereto shall be in writing and shall be deemed to
have been duly given (a) when delivered in person, (b) when delivered after posting in the United States mail having been sent
registered or certified mail return receipt requested, postage prepaid, (c) when delivered by FedEx or other nationally recognized
overnight delivery service, or (d) when delivered by email or other electronic transmission (in each case in this clause (d),
solely if receipt is confirmed), addressed as follows:

 

(i)       If
to Parent, to:

 

Silver Spike Acquisition
Corp.

660 Madison Avenue

Suite 1600 

New York, New York,
10065

Attention:  Greg Gentile

Email:          notices@silverspikecap.com

 

 

    9 

     

    

with
copies (which shall not constitute notice) to:

 

Davis Polk & Wardwell,
LLP

450 Lexington Avenue

New York, NY 10017

Attention:  Derek Dostal

                    Lee Hochbaum

Email:         derek.dostal@davispolk.com

                    lee.hochbaum@davispolk.com

 

(ii)       If
to the Company, to:

 

WM Holding Company,
LLC

41 Discovery

Irvine, CA 92618

Attention:  General Counsel

Email:          legal@weedmaps.com

 

with
copies (which shall not constitute notice) to:

 

Cooley LLP

101 California Street, 5th Floor

San Francisco, CA 94111

Attention: Eric Jensen; Garth Osterman

Email:         ejensen@cooley.com; gosterman@cooley.com

 

(iii)       If
to the Equityholder, to the address set forth on the signature page hereto.

 

Section
15.Effectiveness; Termination. This Agreement shall become effective as of the date hereof and shall automatically
terminate (without the requirement of any action by any party hereto) and be of no further force or effect upon the earliest to
occur of (a) the date on which the Merger Agreement is terminated in accordance with its terms prior to the Effective Time, (b)
the mutual written consent of Parent, the Company and the Equityholder and (c) the time of any modification, amendment or waiver
of the Merger Agreement without Equityholder’s prior written consent that (i) decreases or changes the form of the Merger
Consideration in a manner adverse to the Equityholder, (ii) imposes additional conditions to the obligations of the parties to
the Merger Agreement to consummate the transactions contemplated thereby in a manner that materially adversely affects the Equityholder,
(iii) modifies the conditions of the obligations of the parties to the Merger Agreement to consummate the transactions contemplated
thereby in a manner that materially adversely affects the Equityholder or (iv) extends or otherwise changes the Termination Date
in a manner other than as required or permitted by the Merger Agreement. Nothing in this ‎Section 16 shall relieve any Party
from liability for any intentional breach of this Agreement by such Party prior to the termination of this Agreement.

 

 

[Remainder
of page intentionally left blank] 

    10 

     

    

IN
WITNESS WHEREOF, each Party has duly executed this Agreement as of the date first written above.

 

	 	PARENT
	 	 
	 	SILVER SPIKE ACQUISITION CORP.
	 	 
	 	 
	 	By:	 
	 	 	Name: Greg Gentile
	 	 	Title:   Chief Financial Officer

   

 

	 	COMPANY 

	 	 
	 	WM HOLDING COMPANY, LLC
	 	 
	 	 
	 	By:	 
	 	 	Name: Christopher Beals
	 	 	Title:   Chief Executive Officer

 

 

 [Signature
Page to Voting and Support Agreement]

    11 

     

    

IN WITNESS
WHEREOF, each Party has duly executed this Agreement as of the date first written above.

 

	 	EQUITYHOLDER: 	 

 

	 	Printed Name:    	 

 

	 	Signature:   	 

  

	 	By (if an entity):   	 

 

	 	Title (if an entity):   	 

 

 

	 	Email:
	 
	 	Address:	 
	 	 	 
	 	 	 
	 	 	 

 

	 	Number of Class A-1 Units:   	 
	 	 	 
	 	Number of Class A-2 Units: 	 
	 	 	 
	 	Number of Class A-3 Units: 	 
	 	 	 
	 	Number of Class B Units: 	 

 

 

[Signature
Page to Voting and Support Agreement] 

    12

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