Document:

EX-10.1

 Exhibit 10.1 

AES:DCP/JPM/JPL/GMM 
 F. #2012R01893 

UNITED STATES DISTRICT COURT 
 EASTERN DISTRICT OF NEW YORK 

— — — — — — — — — — — — —X 

 

			
	 UNITED STATES OF AMERICA
  

                        - against -

 
 OCH-ZIFF CAPITAL MANAGEMENT

GROUP LLC,
     also known as “Sculptor
Capital
 Management,”
	  	 AMENDMENT TO THE DEFERRED
 PROSECUTION
AGREEMENT
  
 Cr. No. 16-516
(NGG)

 The Defendant Och-Ziff Capital Management Group LLC, also known as
Sculptor Capital Management (hereinafter, “Och-Ziff” or the “Company”), by its undersigned attorneys and representative, pursuant to authority granted to it by the Company’s Board of
Directors, and the United States Attorney’s Office for the Eastern District of New York and the United States Department of Justice, Criminal Division, Fraud Section (collectively, the “Offices”) enter into this Amendment to the
Deferred Prosecution Agreement dated and filed September 29, 2016 (the “DPA”). The terms and conditions of this Amendment to the DPA are as follows: 

1.    Paragraph 3 of the DPA is amended to provide as follows: 

This Agreement is effective for a period beginning on the date on which the Information is filed and ending 61 days after the entry of a final
judgment by the Court in the matter of United States v. OZ Africa Management GP LLC (Docket No. 16-CR-515 (NGG) (E.D.N.Y.)) (the “Term”). The Company
agrees, however, that, in the event the Offices determine, in their sole discretion, that the Company has knowingly violated any provision of this Agreement, an extension or extensions of the term of the Agreement may be imposed by the Offices, in
their sole discretion, for up to a total additional time period of one year, without prejudice to the Offices’ right to proceed as provided in Paragraphs 16 through 19 below. Any extension of the Agreement extends all terms of this Agreement
for an equivalent period. If the Court rejects the Agreement, all the provisions of the 

 
Agreement shall be deemed null and void, and the Term shall be deemed to have not begun. 

2.    The term of the Monitor shall remain as provided in paragraphs 11 through 13 of the DPA. 

3.    Paragraph 7 of the DPA, commencing with “The Company, directly or through an affiliate agrees to
transfer...” is amended as follows: 
 The Company, directly or through an affiliate, previously has transferred the monetary penalty
of $213,055,689 into a suspense account at the United States Treasury. The monetary penalty in the amount of $213,055,689 shall be released from the suspense account to the United States Treasury within ten (10) days of the entry of the
judgment in the matter of United States v. OZ Africa Management GP LLC (Docket No. 16-CR-515 (NGG) (E.D.N.Y.)). The parties agree that any criminal fine that
might be imposed by the Court against OZ Africa Management GP, LLC, in connection with its guilty plea and plea agreement, will be paid from the $213,055,689 monetary penalty held in the suspense account and that any remaining balance will be
transferred from the suspense account within ten (10) days of entry of the judgment to the United States Treasury. The Company and the Offices agree that the monetary penalty is appropriate given the facts and circumstances of this case,
including the factors described in Paragraph 4 above. The $213,055,689 monetary penalty is final and shall not be refunded. Furthermore, nothing in this Agreement shall be deemed an agreement by the Offices that the $213,055,689 monetary penalty is
the maximum penalty that may be imposed in any future prosecution, and the Offices are not precluded from arguing in any future prosecution that the Court should impose a higher fine, although the Offices agree that under those circumstances, they
will recommend to the Court that any amount paid under this Agreement should be offset against any fine the Court imposes as part of a future judgment. The Company acknowledges that no tax deduction may be sought in connection with the payment of
any part of this $213,055,689 million monetary penalty. The Company shall not seek or accept, directly or indirectly, reimbursement or indemnification from any source with regard to the penalty or disgorgement amounts that the Company pays
pursuant to this Agreement or any other agreement concerning the conduct set forth in the Statement of Facts acts entered into with an enforcement authority or regulator. 

4.    Paragraph 26 of the DPA is amended as follows: 

Any notice to the Offices under this Agreement shall be given by personal delivery, overnight delivery by a recognized delivery service, or
registered or certified mail, addressed to Chief, FCPA Unit, Fraud Section, Criminal Division, United States Department of Justice, 1400 New York Avenue, Washington, D.C. 20530; Chief, Business and Securities Fraud Section, United States
Attorney’s 

  
 2 

 
Office, Eastern District of New York, 271-A Cadman Plaza East, Brooklyn, New York 11201. Any notice to the Company under this Agreement shall be given by
personal delivery, overnight delivery by a recognized delivery service, or registered or certified mail, addressed to David Levine, Chief Legal Officer, Sculptor Capital Management, 9 West 57th Street, New York, New York 10019, with a copy to
Anirudh Bansal, Esq., Cahill Gordon & Reindel, LLP, 80 Pine Street, New York, New York 10005. Notice shall be effective upon actual receipt by the Offices or the Company. 

5.    In all other aspects, the DPA shall remain in full force and effect. 

AGREED: 
 FOR
Och-Ziff Capital Management Group LLC: 
  

							
	 /s/ David Levine
	  		  	 /s/ Anirudh Bansal
	  	
	David Levine, Esq.	  		  	Charles Gilman, Esq.	  	
	Chief Legal Officer	  		  	Anirudh Bansal, Esq.	  	
	Och-Ziff/Sculptor Capital Management	  		  	Cahill Gordon & Reindel LLP	  	
		  		  	Counsel to the Defendant	  	

 Date: 1/23/20 
 FOR THE U.S.
DEPARTMENT OF JUSTICE: 
  

							
	 RICHARD P. DONOGHUE
 United States Attorney

Eastern District of New York
	 		  	 ROBERT ZINK
 Chief

Criminal Division, Fraud Section
 U.S. Department of
Justice
	  	
				
	 /s/ David C. Pitluck
	 		  	 /s/ Gerald M. Moody
	  	
	David C. Pitluck	 		  	Gerald M. Moody, Jr.	  	
	James P. McDonald	 		  	Trial Attorney	  	
	Jonathan P. Lax	 		  		  	
	Assistant U.S. Attorneys	 		  		  	

 Date: 1/23/20 

  
 3Exhibit 10.1

 

WARRANT EXERCISE AGREEMENT

 

This Warrant Exercise
Agreement (this “Agreement”), dated as of January 22, 2020, is by and between Genius Brands International, Inc.,
a Nevada corporation (the “Company”), and the undersigned holder (the “Holder”) of warrants
to purchase shares of the Company’s common stock, $0.001 par value per share (the “Common Stock”).

 

WHEREAS, the Holder
beneficially owns in the aggregate 500,000 warrants to purchase Common Stock at an exercise price of $3.90 per share that are exercisable
in October 2022, as set forth on the Holder's signature page hereto (the “Original Warrants”).

 

WHERAS, in order to
induce the Holder to exercise the Original Warrants, the Company and the Holder hereby agree to amend the Warrants to reduce the
exercise price thereof to $0.34 (the "Amended Exercise Price").

 

WHEREAS, the Holder
desires to exercise such Original Warrants in the amounts set forth on the applicable signature pages hereto using the Amended
Exercise Price. The shares of Common Stock underlying the Original Warrants are referred to herein as the “Warrant Shares”.

 

NOW, THEREFORE, IN
CONSIDERATION of the mutual covenants contained in this Agreement, and for good and valuable consideration the receipt and adequacy
of which are hereby acknowledged, the Holder and the Company agree as follows:

 

ARTICLE I

DEFINITIONS

 

Section 1.1     Definitions. Capitalized
terms not defined in this Agreement shall have the meanings ascribed to such terms in the Original Warrants.

 

ARTICLE II

EXERCISE OF ORIGINAL WARRANTS

 

Section 2.1     Exercise of Warrants.
Subject to the provisions of Section 2.5 below, by executing this Agreement, the Company and the Holder hereby agree that the Holder
shall be deemed to have exercised the number of Original Warrants set forth on the signature page hereto for aggregate cash proceeds
to the Company in the amount set forth on the Holder’s signature page hereto, pursuant to the terms of the Original Warrants,
except that the exercise price thereunder shall be the Amended Exercise Price (as defined below). The Holder shall deliver the
aggregate cash exercise price for such Original Warrants to the bank account set forth on the Company’s signature page hereto
within two Trading Days after the date hereof and the Company shall deliver the Warrant Shares to the Holder via the Depository
Trust Company Deposit or Withdrawal at Custodian system pursuant to the terms of the Original Warrants, but pursuant to DWAC instructions
set forth on the Holder’s signature page hereto. The date of the closing of the exercise of the Original Warrants shall be
referred to as the “Closing Date”.

 

Section 2.2     Filing of Form
8-K. Prior to 9:00 am ET on January 23, 2020, the Company shall issue a Current Report on Form 8-K, reasonably acceptable to
the Holder disclosing the material terms of the transactions contemplated hereby, which shall include this form of Agreement (the
“8-K Filing”).

 

 

 

 

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Section 2.3.     Amendment to Exercise
Price in Original Warrants. The Company and the Holder hereby agree to amend and restate Section 2(b) of the Original Warrants
as follows: "b) Exercise Price. The exercise price per share of the Common Stock under this Warrant Shall be (i) $0.34
(the "Exercise Price").

 

ARTICLE III

REPRESENTATIONS AND WARRANTIES

 

Section 3.1     Representations
and Warranties of the Company. The Company hereby makes the representations and warranties set forth below to the Holder that
as of the date of its execution of this Agreement:

 

(a)        Authorization;
Enforcement. The Company has the requisite corporate power and authority to enter into and to consummate the transactions contemplated
by this Agreement and otherwise to carry out its obligations hereunder and thereunder. The execution and delivery of this Agreement
by the Company and the consummation by it of the transactions contemplated hereby have been duly authorized by all necessary action
on the part of such Company and no further action is required by such Company, its board of directors or its stockholders in connection
therewith. This Agreement has been duly executed by the Company and, when delivered in accordance with the terms hereof will constitute
the valid and binding obligation of the Company enforceable against the Company in accordance with its terms except (i) as
limited by general equitable principles and applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general
application affecting enforcement of creditors’ rights generally, (ii) as limited by laws relating to the availability
of specific performance, injunctive relief or other equitable remedies and (iii) insofar as indemnification and contribution
provisions may be limited by applicable law.

 

(b)        Organization.
The Company is a duly organized and validly existing corporation in good standing under the laws of the State of Nevada.

 

(c)        Registration
Statement. The Warrant Shares are registered for issuance on a Form S-3 Registration Statement and the Company knows of no
reasons why such registration statement shall not remain available for the resale by the Holder of such Warrant Shares for the
foreseeable future. The Company shall use commercially reasonable efforts to keep the Registration Statement effective and available
for the resale of the Warrant Shares underlying the Original Warrants until all Original Warrants are exercised and the Warrant
Shares are sold by the Holder. If the Company is unable to keep the Registration Statement effective and available, the Holder
may exercise the Original Warrants by means of a cashless exercise in accordance with the terms of the Original Warrants, but using
the Amended Exercise Price.

 

(d)        No
Conflicts. The execution, delivery and performance of this Agreement by the Company and the consummation by the Company of
the transactions contemplated hereby do not and will not: (i) conflict with or violate any provision of the Company’s
certificate or articles of incorporation, bylaws or other organizational or charter documents, or (ii) conflict with, or constitute
a default (or an event that with notice or lapse of time or both would become a default) under, result in the creation of any lien
upon any of the properties or assets of the Company, or give to others any rights of termination, amendment, acceleration or cancellation
(with or without notice, lapse of time or both) of, any material agreement, credit facility, debt or other material instrument
(evidencing Company debt or otherwise) or other material understanding to which the Company is a party or by which any property
or asset of the Company is bound or affected which have not been waived, or (iii) conflict with or result in a violation of
any law, rule, regulation, order, judgment, injunction, decree or other restriction of any court or governmental authority to which
the Company is subject (including federal and state securities laws and regulations), or by which any property or asset of the
Company is bound or affected.

 

 

 

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(e)        Disclosure.
Except with respect to the material terms and conditions of the transactions contemplated by this Agreement, the Company confirms
that neither it nor any other Person acting on its behalf has provided any of Holder or their agents or counsel with any information
that it believes constitutes or might constitute material, non-public information. The Company understands and confirms that the
Holder will rely on the foregoing representation in effecting transactions in securities of the Company. All of the disclosure
furnished by or on behalf of the Company to the Holder regarding the Company and its Subsidiaries, their respective businesses
and the transactions contemplated hereby, including but not limited to the disclosure set forth in the SEC Reports, is true and
correct and does not contain any untrue statement of a material fact or omit to state any material fact necessary in order to make
the statements made therein, in light of the circumstances under which they were made, not misleading. As used herein, “SEC
Reports” means all reports, schedules, forms, statements and other documents required to be filed by the Company with
the Commission pursuant to the reporting requirements of the 1934 Act, including all exhibits included therein and financial statements,
notes and schedules thereto and documents incorporated by reference therein.

 

Section 3.2        Representations
and Warranties of the Holder. The Holder hereby makes the representations and warranties set forth below to the Company that
as of the date of its execution of this Agreement.

 

(a)        Due
Authorization. The Holder represents and warrants that (i) the execution and delivery of this Agreement by it and the
consummation by it of the transactions contemplated hereby have been duly authorized by all necessary action on its behalf and
(ii) this Agreement has been duly executed and delivered by the Holder and constitutes the valid and binding obligation of
the Holder, enforceable against it in accordance with its terms.

 

(b)        No
Conflicts. The Holder represents and warrants that the execution, delivery and performance of this Agreement by the Holder
and the consummation by the Holder of the transactions contemplated hereby do not and will not: (i) conflict with or violate
any provision of the Holder’s organizational or charter documents, or (ii) conflict with or result in a violation of
any agreement, law, rule, regulation, order, judgment, injunction, decree or other restriction of any court or governmental authority
which would interfere with the ability of the Holder to perform its obligations under this Agreement.

 

(c)        Access
to Information. The Holder acknowledges that it has had the opportunity to review this Agreement and the SEC Reports and has
been afforded (i) the opportunity to ask such questions as it has deemed necessary of, and to receive answers from, representatives
of the Company concerning the terms and conditions of the exercise of the Original Warrants and the merits and risks of investing
in the Warrant Shares; (ii) access to information about the Company and its financial condition, results of operations, business,
properties, management and prospects sufficient to enable it to evaluate its investment; and (iii) the opportunity to obtain
such additional information that the Company possesses or can acquire without unreasonable effort or expense that is necessary
to make an informed investment decision with respect to the investment. The Holder acknowledges and agrees that neither Bradley
Woods &Co., Ltd. (the “Advisor”) nor any Affiliate of the Advisor has provided the Holder with any information
or advice with respect to the Securities nor is such information or advice necessary or desired. Neither the Advisor nor any
Affiliate has made or makes any representation as to the Company or the quality of the securities issued and issuable hereunder
and the Advisor and any Affiliate may have acquired non-public information with respect to the Company which the Holder agrees
need not be provided to it. In connection with the issuance of the securities hereunder to the Holder, neither the Advisor
nor any of its Affiliates has acted as a financial advisor or fiduciary to the Holder.

 

(d)        Holder
Status. The Holder represents and warrants that is an “accredited investor” as defined in Rule 501 under the Securities
Act.

 

 

 

 

    	 	3	 

     

    

 

(e)        Knowledge.
The Holder, either alone or together with its representatives, has such knowledge, sophistication and experience in business and
financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the Warrant Shares, and
has so evaluated the merits and risks of such investment. The Holder is able to bear the economic risk of an investment in the
Warrant Shares and, at the present time, is able to afford a complete loss of such investment.

 

ARTICLE IV

MISCELLANEOUS

 

Section 4.1        Notices.
Any and all notices or other communications or deliveries required or permitted to be provided hereunder shall be made by email
to the email address of the Holder set forth on Holders’ signature page.

 

Section 4.2         Survival. All
warranties and representations (as of the date such warranties and representations were made) made herein or in any certificate
or other instrument delivered by it or on its behalf under this Agreement shall be considered to have been relied upon by the parties
hereto and shall survive the issuance of the Warrant Shares. This Agreement shall inure to the benefit of and be binding upon the
successors and permitted assigns of each of the parties; provided however that no party may assign this Agreement or the obligations
and rights of such party hereunder without the prior written consent of the other parties hereto.

 

Section 4.3         Execution.
This Agreement may be executed in two or more counterparts, all of which when taken together shall be considered one and the same
agreement and shall become effective when counterparts have been signed by each party and delivered to the other party, it being
understood that both parties need not sign the same counterpart. In the event that any signature is delivered by facsimile transmission,
such signature shall create a valid and binding obligation of the party executing (or on whose behalf such signature is executed)
with the same force and effect as if such facsimile signature page were an original thereof.

 

Section 4.4         Severability.
If any provision of this Agreement is held to be invalid or unenforceable in any respect, the validity and enforceability of the
remaining terms and provisions of this Agreement shall not in any way be affected or impaired thereby and the parties will attempt
to agree upon a valid and enforceable provision that is a reasonable substitute therefor, and upon so agreeing, shall incorporate
such substitute provision in this Agreement.

 

Section 4.5        Governing Law.
All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be determined pursuant
to the Governing Law provision of the Original Warrants.

 

Section 4.6         Entire Agreement.
The Agreement, together with the exhibits and schedules thereto, contain the entire understanding of the parties with respect to
the subject matter hereof and supersede all prior agreements and understandings, oral or written, with respect to such matters,
which the parties acknowledge have been merged into such documents, exhibits and schedules.

 

Section 4.7         Construction.
The headings herein are for convenience only, do not constitute a part of this Agreement and shall not be deemed to limit or affect
any of the provisions hereof. The language used in this Agreement will be deemed to be the language chosen by the parties to express
their mutual intent, and no rules of strict construction will be applied against any party.

 

Section 4.8         Fees and Expenses.
Except as expressly set forth herein, each party shall pay the fees and expenses of its advisers, counsel, accountants and other
experts, if any, and all other expenses incurred by such party incident to the negotiation, preparation, execution, delivery and
performance of this Agreement. The Company shall pay all transfer agent fees, stamp taxes and other taxes and duties levied in
connection with the delivery of any Warrant Shares.

 

 

 

    	 	4	 

     

    

 

IN WITNESS WHEREOF, the undersigned
have executed this Warrant Exercise Agreement as of the date first written above.

 

COMPANY:

 

GENIUS BRANDS INTERNATIONAL, INC.

 

 

By:  _______________________________

Name:   ____________________________

Title:  ______________________________

 

 

 

Bank Account and Wire Instructions

 

[insert]

 

 

 

ANSON INVESTMENTS MASTER FUND LP

 

 

By:  _______________________________

Name:   ____________________________

Title:  ______________________________

 

 

 

 

 

 

 

 

    	 	5	 

     

    

 

[HOLDER SIGNATURE PAGES TO GNUS 

WARRANT EXERCISE AGREEMENT] 

 

IN WITNESS WHEREOF, the undersigned have caused this Agreement
to be duly executed by their respective authorized signatories as of the date first indicated above.

 

	 	 	 
	Name of Holder:	 	
 

 

	 	 	 
	Signature of Authorized Signatory of Holder:	 	
 

 

	 	 	 
	Name of Authorized Signatory:	 	
 

 

	 	 	 
	Title of Authorized Signatory:	 	
 

 

	 	 	 
	Email Address of Holder:	 	
 

 

	 	 	 
	Number of Original Warrants held: 	 	
 

	
         

        Number of Original Warrants deemed exercised:
	 	
 

 

	 	 
	Aggregate Exercise Price of  Warrants deemed Exercised:	
 

	
         

         
	 
	Warrant Shares underlying Warrants deemed Exercised:	 	                                                     

 

Instructions for Warrant Shares
to be issued upon initial exercise of Original Warrants: _________________

 

 

 

 

 

 

DWAC Instructions:

 

 

 

    	 	6

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