Document:

Exhibit 10.7

 

Warrant Certificate No. ___

 

 

NEITHER THE SECURITIES REPRESENTED BY THIS
CERTIFICATE NOR THE SECURITIES ISSUABLE UPON THE EXERCISE OF THIS WARRANT HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933,
AS AMENDED (THE “ACT”), OR ANY STATE SECURITIES LAWS, AND NEITHER SUCH SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED,
SOLD, ASSIGNED OR OTHERWISE TRANSFERRED UNLESS (1) A REGISTRATION STATEMENT WITH RESPECT THERETO IS EFFECTIVE UNDER THE ACT AND
ANY APPLICABLE STATE SECURITIES LAWS, OR (2) AN EXEMPTION FROM SUCH REGISTRATION EXISTS AND THE COMPANY RECEIVES AN OPINION OF
COUNSEL TO THE HOLDER OF SUCH SECURITIES, WHICH COUNSEL AND OPINION ARE SATISFACTORY TO THE COMPANY, THAT SUCH SECURITIES MAY BE
OFFERED, SOLD, PLEDGED, ASSIGNED OR TRANSFERRED IN THE MANNER CONTEMPLATED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT UNDER THE
ACT OR APPLICABLE STATE SECURITIES LAWS.

 

	Effective Date: [   ], 2015	Void After: [   ], 2020

 

Realco
International, Inc.

[Form of]

WARRANT TO PURCHASE COMMON STOCK

 

Realco International,
Inc., a Nevada corporation (the “Company”), for value received on [         ],
2015 (the “Effective Date”), hereby issues to [         ] (the
“Holder” or “Warrant Holder”) this Warrant (the “Warrant”) to purchase,
[         ] shares (each such share as from time to time adjusted as hereinafter
provided being a “Warrant Share” and all such shares being the “Warrant Shares”) of the Company’s
Common Stock (as defined below), at the Exercise Price (as defined below), as adjusted from time to time as provided herein, on
or before [ ], 2020 (the “Expiration Date”), all subject to the following terms and conditions. This Warrant
is one of a series of warrants of like tenor that have been issued in connection with the Company’s private offering solely
to accredited investors of units in accordance with, and subject to, the terms and conditions described in the Subscription Agreement,
attached to the Confidential Private Placement Memorandum of the Company dated June 10, 2015, as the same may be amended and supplemented
from time to time (the “Subscription Agreement” and the “Private Placement Memorandum” respectively).

 

As used in this Warrant,
(i) “Business Day” means any day other than Saturday, Sunday or any other day on which commercial banks in the
City of New York, New York, are authorized or required by law or executive order to close; (ii) “Common Stock”
means the common stock of the Company, par value $0.00001 per share, including any securities issued or issuable with respect thereto
or into which or for which such shares may be exchanged for, or converted into, pursuant to any stock dividend, stock split, stock
combination, recapitalization, reclassification, reorganization or other similar event; (iii) “Exercise Price”
means $.72 per share of Common Stock, subject to adjustment as provided herein; (iv) “Trading Day” means any
day on which the Common Stock is traded (or available for trading) on its principal trading market; (v) “Affiliate”
means any person that, directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common
control with, a person, as such terms are used and construed in Rule 144 promulgated under the Securities Act of 1933, as amended
(the “Securities Act”) and (vi) “Warrantholders” means the holders of Warrants issued pursuant
to the Subscription Agreement and Private Placement Memorandum.

 

    	 	1	 

     

    

		1.	DURATION AND EXERCISE OF WARRANTS

 

(a)Exercise
Period. The Holder may exercise this Warrant in whole or in part on any Business Day on or before 5:00 P.M., Eastern Time,
on the Expiration Date, at which time this Warrant shall become void and of no value.

 

		(b)	Exercise Procedures.

 

(i)While this Warrant
remains outstanding and exercisable in accordance with Section 1(a), in addition to the manner set forth in Section 1(b)(ii) below,
the Holder may exercise this Warrant in whole or in part at any time and from time to time by:

 

(A)delivery to
the Company of a duly executed copy of the Notice of Exercise attached as Exhibit A;

 

(B)surrender of
this Warrant to the Secretary of the Company at its principal offices or at such other office or agency as the Company may specify
in writing to the Holder; and

 

(C)payment of the
then-applicable Exercise Price per share multiplied by the number of Warrant Shares being purchased upon exercise of the Warrant
(such amount, the “Aggregate Exercise Price”) made in the form of cash, or by certified check, bank draft or
money order payable in lawful money of the United States of America or in the form of a Cashless Exercise to the extent permitted
in Section 1(b)(ii) below.

 

(ii)In addition to
the provisions of Section 1(b)(i) above, if any time after the first anniversary of the date of the filing of the Current Report
on Form 8-K reporting the reverse merger/reorganization with PeerLogix, Inc., a registration statement covering the resale of the
Warrant Shares by the Holder is not effective with the Securities and Exchange Commission (the “SEC”), the Holder
may, in its sole discretion, exercise all or any part of the Warrant in a “cashless” or “net-issue” exercise
(a “Cashless Exercise”) by delivering to the Company (1) the Notice of Exercise and (2) the original Warrant,
pursuant to which the Holder shall surrender the right to receive upon exercise of this Warrant, a number of Warrant Shares having
a value (as determined below) equal to the Aggregate Exercise Price, in which case, the number of Warrant Shares to be issued to
the Holder upon such exercise shall be calculated using the following formula:

 

	 	X 	=	Y * (A - B)	 
	 	 	 	A	 

 

	 	with:	X = 	the number of Warrant Shares to be issued to the Holder
	 	 	 	 
	 	 	Y =	the number of Warrant Shares with respect to which the Warrant is being exercised
	 	 	 	 
	 	 	A =	the fair value per share of Common Stock on the date of exercise of this Warrant
	 	 	 	 
	 	 	B =	the then-current Exercise Price of the Warrant

 

    	 	2	 

     

    

 

Solely for the purposes
of this paragraph, “fair value” per share of Common Stock shall mean the average Closing Price (as defined below)
per share of Common Stock for the twenty (20) trading days immediately preceding the date on which the Notice of Exercise is deemed
to have been sent to the Company. “Closing Price” means, for any date, the price determined by the first of
the following clauses that applies: (a) if the Common Stock is then listed or quoted on the New York Stock Exchange, the American
Stock Exchange, the NASDAQ Global Select Market, the NASDAQ Global Market or the NASDAQ Capital Market or any other national securities
exchange, the closing price per share of the Common Stock for such date (or the nearest preceding date) on the primary eligible
market or exchange on which the Common Stock is then listed or quoted; (b) if prices for the Common Stock are then quoted on the
OTC Bulletin Board or OTC Markets, the closing bid price per share of the Common Stock for such date (or the nearest preceding
date) so quoted; or (c) if prices for the Common Stock are then reported in the “Pink Sheets” published by OTC Links
LLC (or a similar organization or agency succeeding to its functions of reporting prices), the most recent closing bid price per
share of the Common Stock so reported. If the Common Stock is not publicly traded as set forth above, the “fair value”
per share of Common Stock shall be reasonably and in good faith determined by the Board of Directors of the Company as of the date
which the Notice of Exercise is deemed to have been sent to the Company.

 

Notwithstanding the
foregoing, provided that a registration statement covering the resale of the Warrant Shares by the Holder has (x) been declared
effective by the SEC and (y) remained effective for a period of one year, any Cashless Exercise right hereunder shall thereupon
terminate.

 

For purposes of Rule
144 promulgated under the Securities Act, it is intended, understood and acknowledged that the Warrant Shares issued in a cashless
exercise transaction shall be deemed to have been acquired by the Registered Holder, and the holding period for such shares shall
be deemed to have commenced, on the date this Warrant was originally issued.

 

 

 

 

    	 	3	 

     

    

(iii)Upon the exercise
of this Warrant in compliance with the provisions of this Section 1(b), and except as limited pursuant to the last paragraph of
Section 1(b)(ii), the Company shall promptly issue and cause to be delivered to the Holder a certificate for the Warrant Shares
purchased by the Holder. Each exercise of this Warrant shall be effective immediately prior to the close of business on the date
(the “Date of Exercise”) that the conditions set forth in Section 1(b) have been satisfied, as the case may
be. On the first Business Day following the date on which the Company has received each of the Notice of Exercise and the Aggregate
Exercise Price (or notice of a Cashless Exercise in accordance with Section 1(b)(ii)) (the “Exercise Delivery Documents”),
the Company shall transmit an acknowledgment of receipt of the Exercise Delivery Documents to the Company’s transfer agent
(the “Transfer Agent”). On or before the third Business Day following the date on which the Company has received
all of the Exercise Delivery Documents (the “Share Delivery Date”), the Company shall (X) provided that the
Transfer Agent is participating in The Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program,
upon the request of the Holder, credit such aggregate number of shares of Common Stock to which the Holder is entitled pursuant
to such exercise to the Holder’s or its designee’s balance account with DTC through its Deposit Withdrawal Agent Commission
system, or (Y) if the Transfer Agent is not participating in the DTC Fast Automated Securities Transfer Program, issue and dispatch
by overnight courier to the address as specified in the Notice of Exercise, a certificate, registered in the Company’s share
register in the name of the Holder or its designee, for the number of shares of Common Stock to which the Holder is entitled pursuant
to such exercise. Upon delivery of the Exercise Delivery Documents, the Holder shall be deemed for all corporate purposes to have
become the holder of record of the Warrant Shares with respect to which this Warrant has been exercised, irrespective of the date
of delivery of the certificates evidencing such Warrant Shares.

 

(iv)If the Company
shall fail for any reason or for no reason to issue to the Holder, within three (3) Business Days of receipt of the Exercise Delivery
Documents, a certificate for the number of shares of Common Stock to which the Holder is entitled and register such shares of Common
Stock on the Company’s share register or to credit the Holder’s balance account with DTC for such number of shares
of Common Stock to which the Holder is entitled upon the Holder’s exercise of this Warrant, and if on or after such Business
Day the Holder purchases (in an open market transaction or otherwise) shares of Common Stock to deliver in satisfaction of a sale
by the Holder of shares of Common Stock issuable upon such exercise that the Holder anticipated receiving from the Company (a “Buy-In”),
then the Company shall, within three (3) Business Days after the Holder’s request and in the Holder’s discretion, either
(i) pay cash to the Holder in an amount equal to the Holder’s total purchase price (including brokerage commissions, if any)
for the shares of Common Stock so purchased (the “Buy-In Price”), at which point the Company’s obligation
to deliver such certificate (and to issue such shares of Common Stock) shall terminate, or (ii) promptly honor its obligation to
deliver to the Holder a certificate or certificates representing such shares of Common Stock and pay cash to the Holder in an amount
equal to the excess (if any) of the Buy-In Price over the product of (A) such number of shares of Common Stock, times (B) the closing
bid price on the date of exercise.

 

(c)Partial Exercise.
This Warrant shall be exercisable, either in its entirety or, from time to time, for part only of the number of Warrant Shares
referenced by this Warrant. If this Warrant is submitted in connection with any exercise pursuant to Section 1 and the number of
Warrant Shares represented by this Warrant submitted for exercise is greater than the actual number of Warrant Shares being acquired
upon such an exercise, then the Company shall as soon as practicable and in no event later than five (5) Business Days after
any exercise and at its own expense, issue a new Warrant of like tenor representing the right to purchase the number of Warrant
Shares purchasable immediately prior to such exercise under this Warrant, less the number of Warrant Shares with respect to which
this Warrant is exercised.

 

    	 	4	 

     

    

(d)Disputes.
In the case of a dispute as to the determination of the Exercise Price or the arithmetic calculation of the Warrant Shares, the
Company shall promptly issue to the Holder the number of Warrant Shares that are not disputed and resolve such dispute in accordance
with Section 16.

 

		2.	ISSUANCE OF WARRANT SHARES

 

(a)The Company
covenants that all Warrant Shares will, upon issuance in accordance with the terms of this Warrant, be (i) duly authorized, fully
paid and non-assessable, and (ii) free from all liens, charges and security interests, with the exception of claims arising through
the acts or omissions of any Holder and except as arising from applicable Federal and state securities laws.

 

(b)The Company
shall register this Warrant upon records to be maintained by the Company for that purpose in the name of the record holder of such
Warrant from time to time. The Company may deem and treat the registered Holder of this Warrant as the absolute owner thereof for
the purpose of any exercise thereof, any distribution to the Holder thereof and for all other purposes.

 

(c)The Company
will not, by amendment of its certificate of incorporation, by-laws or through any reorganization, transfer of assets, consolidation,
merger, dissolution, issue or sale of securities or any other voluntary action, avoid or seek to avoid the observance or performance
of any of the terms to be observed or performed hereunder by the Company, but will at all times in good faith assist in the carrying
out of all the provisions of this Warrant and in the taking of all action necessary or appropriate in order to protect the rights
of the Holder to exercise this Warrant, or against impairment of such rights.

 

		3.	ADJUSTMENTS OF EXERCISE PRICE, NUMBER AND TYPE OF WARRANT SHARES

 

(a)The Exercise
Price and the number of shares purchasable upon the exercise of this Warrant shall be subject to adjustment from time to time upon
the occurrence of certain events described in this Section 3; provided, that notwithstanding the provisions of this Section
3, the Company shall not be required to make any adjustment if and to the extent that such adjustment would require the Company
to issue a number of shares of Common Stock in excess of its authorized but unissued shares of Common Stock, less all amounts of
Common Stock that have been reserved for issue upon the conversion of all outstanding securities convertible into shares of Common
Stock and the exercise of all outstanding options, warrants and other rights exercisable for shares of Common Stock. If the Company
does not have the requisite number of authorized but unissued shares of Common Stock to make any adjustment, the Company shall
use its commercially best efforts to obtain the necessary stockholder consent to increase the authorized number of shares of Common
Stock to make such an adjustment pursuant to this Section 3.

 

    	 	5	 

     

    

(i)Subdivision
or Combination of Stock. In case the Company shall at any time subdivide (whether by way of stock dividend, stock split or
otherwise) its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior
to such subdivision shall be proportionately reduced and the number of Warrant Shares shall be proportionately increased, and conversely,
in case the outstanding shares of Common Stock of the Company shall be combined (whether by way of stock combination, reverse stock
split or otherwise) into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be
proportionately increased and the number of Warrant Shares shall be proportionately decreased. The Exercise Price and the Warrant
Shares, as so adjusted, shall be readjusted in the same manner upon the happening of any successive event or events described in
this Section 3(a)(i).

 

(ii)Dividends
in Stock, Property, Reclassification. If at any time, or from time to time, all of the holders of Common Stock (or any shares
of stock or other securities at the time receivable upon the exercise of this Warrant) shall have received or become entitled to
receive, without payment therefore:

 

(A)any shares of
stock or other securities that are at any time directly or indirectly convertible into or exchangeable for Common Stock, or any
rights or options to subscribe for, purchase or otherwise acquire any of the foregoing by way of dividend or other distribution,
or

 

(B)additional stock
or other securities or property (including cash) by way of spin-off, split-up, reclassification, combination of shares or similar
corporate rearrangement (other than shares of Common Stock issued as a stock split or adjustments in respect of which shall be
covered by the terms of Section 3(a)(i) above),

 

then and in each such case, the Exercise
Price and the number of Warrant Shares to be obtained upon exercise of this Warrant shall be adjusted proportionately, and the
Holder hereof shall, upon the exercise of this Warrant, be entitled to receive, in addition to the number of shares of Common Stock
receivable thereupon, and without payment of any additional consideration therefor, the amount of stock and other securities and
property (including cash in the cases referred to above) that such Holder would hold on the date of such exercise had such Holder
been the holder of record of such Common Stock as of the date on which holders of Common Stock received or became entitled to receive
such shares or all other additional stock and other securities and property. The Exercise Price and the Warrant Shares, as so adjusted,
shall be readjusted in the same manner upon the happening of any successive event or events described in this Section 3(a)(ii).

 

    	 	6	 

     

    

(iii)Reorganization,
Reclassification, Consolidation, Merger or Sale. If any recapitalization, reclassification or reorganization of the capital
stock of the Company, or any consolidation or merger of the Company with another corporation, or the sale of all or substantially
all of its assets or other transaction shall be effected in such a way that holders of Common Stock shall be entitled to receive
stock, securities, or other assets or property (an “Organic Change”), then, as a condition of such Organic Change,
lawful and adequate provisions shall be made by the Company whereby the Holder hereof shall thereafter have the right to purchase
and receive (in lieu of the shares of the Common Stock of the Company immediately theretofore purchasable and receivable upon the
exercise of the rights represented by this Warrant) such shares of stock, securities or other assets or property as may be issued
or payable with respect to or in exchange for a number of outstanding shares of such Common Stock equal to the number of shares
of such stock immediately theretofore purchasable and receivable assuming the full exercise of the rights represented by this Warrant.
In the event of any Organic Change, appropriate provision shall be made by the Company with respect to the rights and interests
of the Holder of this Warrant to the end that the provisions hereof (including, without limitation, provisions for adjustments
of the Exercise Price and of the number of shares purchasable and receivable upon the exercise of this Warrant and registration
rights) shall thereafter be applicable, in relation to any shares of stock, securities or assets thereafter deliverable upon the
exercise hereof. The Company will not effect any such consolidation, merger or sale unless, prior to the consummation thereof,
the successor corporation (if other than the Company) resulting from such consolidation or merger or the corporation purchasing
such assets shall assume by written instrument reasonably satisfactory in form and substance to the Holder executed and mailed
or delivered to the registered Holder hereof at the last address of such Holder appearing on the books of the Company, the obligation
to deliver to such Holder such shares of stock, securities or assets as, in accordance with the foregoing provisions, such Holder
may be entitled to purchase. If there is an Organic Change, then the Company shall cause to be mailed to the Holder at its last
address as it shall appear on the books and records of the Company, at least 10 calendar days before the effective date of the
Organic Change, a notice stating the date on which such Organic Change is expected to become effective or close, and the date as
of which it is expected that holders of the Common Stock of record shall be entitled to exchange their shares for securities, cash,
or other property delivered upon such Organic Change; provided, that the failure to mail such notice or any defect therein or in
the mailing thereof shall not affect the validity of the corporate action required to be specified in such notice. The Holder is
entitled to exercise this Warrant during the 10-day period commencing on the date of such notice to the effective date of the event
triggering such notice. In any event, the successor corporation (if other than the Company) resulting from such consolidation
or merger or the corporation purchasing such assets shall be deemed to assume such obligation to deliver to such Holder such shares
of stock, securities or assets even in the absence of a written instrument assuming such obligation to the extent such assumption
occurs by operation of law. 

 

(b)Certificate
as to Adjustments. Upon the occurrence of each adjustment or readjustment pursuant to this Section 3, the Company at its expense
shall promptly compute such adjustment or readjustment in accordance with the terms hereof and furnish to each Holder of this Warrant
a certificate setting forth such adjustment or readjustment and showing in detail the facts upon which such adjustment or readjustment
is based. The Company shall promptly furnish or cause to be furnished to such Holder a like certificate setting forth: (i) such
adjustments and readjustments; and (ii) the number of shares and the amount, if any, of other property which at the time would
be received upon the exercise of the Warrant.

 

(c)Certain Events.
If any event occurs as to which the other provisions of this Section 3 are not strictly applicable but the lack of any adjustment
would not fairly protect the purchase rights of the Holder under this Warrant in accordance with the basic intent and principles
of such provisions, or if strictly applicable would not fairly protect the purchase rights of the Holder under this Warrant in
accordance with the basic intent and principles of such provisions, then the Company's Board of Directors will, in good faith,
make an appropriate adjustment to protect the rights of the Holder; provided, that no such adjustment pursuant to this Section
3(c) will increase the Exercise Price or decrease the number of Warrant Shares as otherwise determined pursuant to this Section
3.

 

    	 	7	 

     

    

		4.	REDEMPTION OF WARRANTS

 

(a)General.
Prior to the Expiration Date, the Company shall have the option, subject to the conditions set forth herein, to redeem all of the
Warrants then outstanding upon not less than thirty (30) days nor more than sixty (60) days prior written notice to the Warrant
Holders at any time provided that, at the time of delivery of such notice (i) there is an effective registration statement covering
the resale of the Warrant Shares; and (ii) the closing bid price of the Company’s Common Stock for 20 of the 30 consecutive
trading days prior to the date of the notice of redemption is at least $1.44 as proportionately adjusted to reflect any stock splits,
stock dividends, combination of shares or like events.

 

(b)Notice.
Notice of redemption will be effective upon mailing in accordance with this Section and such date may be referred to below as the
“Notice Date.” Notice of redemption shall be mailed by first class mail, postage prepaid, by the Company not
less than 30 days prior to the date fixed for redemption to the Holders of the Warrants to be redeemed at their last addresses
as they shall appear on the registration books. Any notice mailed in the manner herein provided shall be conclusively presumed
to have been duly given whether or not the Holder received such notice.

 

(c)Redemption
Date and Redemption Price. The notice of redemption shall state the date set for redemption, which date shall be not less than
thirty (30) days, or more than sixty (60) days, from the Notice Date (the “Redemption Date”). The Company shall
not mail the notice of redemption unless all funds necessary to pay for redemption of the Warrants to be redeemed shall have first
been set aside by the Company for the benefit of the Warrant Holders so as to be and continue to be available therefor. The redemption
price to be paid to the Warrant Holders will be $0.00001 for each share of Common Stock of the Company to which the Warrant Holder
would then be entitled upon exercise of the Warrant being redeemed, as adjusted from time to time as provided herein (the “Redemption
Price”).

 

(d)Exercise.
Following the Notice Date, the Warrant Holders may exercise their Warrants in accordance with Section 1 of this Warrant between
the Notice Date and 5:00 p.m. Eastern Time on the Redemption Date and such exercise shall be timely if the form of election to
purchase duly executed and the Warrant Exercise Price for the shares of Common Stock to be purchased are actually received by the
Company at its principal offices prior to 5:00 p.m. Eastern Time on the Redemption Date.

 

(e)Mailing.
If any Warrant Holder does not wish to exercise any Warrant being redeemed, he should mail such Warrant to the Company at its principal
offices after receiving the notice of redemption. On and after 5:00 p.m. Eastern Time on the Redemption Date, notwithstanding that
any Warrant subject to redemption shall not have been surrendered for redemption, the obligation evidenced by all Warrants not
surrendered for redemption or effectively exercised shall be deemed no longer outstanding, and all rights with respect thereto
shall forthwith cease and terminate, except only the right of the holder of each Warrant subject to redemption to receive the Redemption
Price for each share of Common Stock to which he would be entitled if he exercised the Warrant upon receiving notice of redemption
of the Warrant subject to redemption held by him.

 

    	 	8	 

     

    

		5.	TRANSFERS AND EXCHANGES OF WARRANT AND WARRANT SHARES

 

(a)Registration
of Transfers and Exchanges. Subject to Section 5(c), upon the Holder’s surrender of this Warrant, with a duly executed
copy of the Form of Assignment attached as Exhibit B, to the Secretary of the Company at its principal offices or at such
other office or agency as the Company may specify in writing to the Holder, the Company shall register the transfer of all or any
portion of this Warrant. Upon such registration of transfer, the Company shall issue a new Warrant, in substantially the form of
this Warrant, evidencing the acquisition rights transferred to the transferee and a new Warrant, in similar form, evidencing the
remaining acquisition rights not transferred, to the Holder requesting the transfer.

 

(b)Warrant Exchangeable
for Different Denominations. The Holder may exchange this Warrant for a new Warrant or Warrants, in substantially the form
of this Warrant, evidencing in the aggregate the right to purchase the number of Warrant Shares which may then be purchased hereunder,
each of such new Warrants to be dated the date of such exchange and to represent the right to purchase such number of Warrant Shares
as shall be designated by the Holder. The Holder shall surrender this Warrant with duly executed instructions regarding such re-certification
of this Warrant to the Secretary of the Company at its principal offices or at such other office or agency as the Company may specify
in writing to the Holder.

 

(c)Restrictions
on Transfers. This Warrant may not be transferred at any time without (i) registration under the Securities Act or (ii) an
exemption from such registration and a written opinion of legal counsel addressed to the Company that the proposed transfer of
the Warrant may be effected without registration under the Securities Act, which opinion will be in form and from counsel reasonably
satisfactory to the Company.

 

(d)Permitted
Transfers and Assignments. Notwithstanding any provision to the contrary in this Section 5, the Holder may transfer, with or
without consideration, this Warrant or any of the Warrant Shares (or a portion thereof) to the Holder’s Affiliates (as such
term is defined under Rule 144 of the Securities Act) without obtaining the opinion from counsel that may be required by Section
5(c)(ii), provided, that the Holder delivers to the Company and its counsel certification, documentation, and other assurances
reasonably required by the Company’s counsel to enable the Company’s counsel to render an opinion to the Company’s
Transfer Agent that such transfer does not violate applicable securities laws.

 

		6.	MUTILATED OR MISSING WARRANT CERTIFICATE

 

If this Warrant is
mutilated, lost, stolen or destroyed, upon request by the Holder, the Company will, at its expense, issue, in exchange for and
upon cancellation of the mutilated Warrant, or in substitution for the lost, stolen or destroyed Warrant, a new Warrant, in substantially
the form of this Warrant, representing the right to acquire the equivalent number of Warrant Shares; provided, that, as
a prerequisite to the issuance of a substitute Warrant, the Company may require satisfactory evidence of loss, theft or destruction
as well as an indemnity from the Holder of a lost, stolen or destroyed Warrant.

 

    	 	9	 

     

    

		7.	PAYMENT OF TAXES

 

The Company will pay
all transfer and stock issuance taxes attributable to the preparation, issuance and delivery of this Warrant and the Warrant Shares
(and replacement Warrants) including, without limitation, all documentary and stamp taxes; provided, however, that
the Company shall not be required to pay any tax in respect of the transfer of this Warrant, or the issuance or delivery of certificates
for Warrant Shares or other securities in respect of the Warrant Shares to any person or entity other than to the Holder.

 

	8.	FRACTIONAL WARRANT SHARES

 

No fractional Warrant
Shares shall be issued upon exercise of this Warrant. The Company, in lieu of issuing any fractional Warrant Share, shall round
up the number of Warrant Shares issuable to nearest whole share.

 

		9.	NO STOCK RIGHTS AND LEGEND

 

No holder of this Warrant,
as such, shall be entitled to vote or be deemed the holder of any other securities of the Company that may at any time be issuable
on the exercise hereof, nor shall anything contained herein be construed to confer upon the holder of this Warrant, as such, the
rights of a stockholder of the Company or the right to vote for the election of directors or upon any matter submitted to stockholders
at any meeting thereof, or give or withhold consent to any corporate action or to receive notice of meetings or other actions affecting
stockholders (except as provided herein), or to receive dividends or subscription rights or otherwise (except as provide herein).

 

Each certificate for Warrant Shares initially
issued upon the exercise of this Warrant, and each certificate for Warrant Shares issued to any subsequent transferee of any such
certificate, shall be stamped or otherwise imprinted with a legend in substantially the following form:

 

“THE SECURITIES REPRESENTED BY THIS
CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR ANY STATE SECURITIES
LAWS, AND NEITHER SUCH SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED OR OTHERWISE TRANSFERRED UNLESS
(1) A REGISTRATION STATEMENT WITH RESPECT THERETO IS EFFECTIVE UNDER THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS, OR (2) AN
EXEMPTION FROM SUCH REGISTRATION EXISTS AND THE COMPANY RECEIVES AN OPINION OF COUNSEL TO THE HOLDER OF SUCH SECURITIES, WHICH
COUNSEL AND OPINION ARE REASONABLY SATISFACTORY TO THE COMPANY, THAT SUCH SECURITIES MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED OR
TRANSFERRED IN THE MANNER CONTEMPLATED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT OR APPLICABLE STATE SECURITIES
LAWS.”

 

    	 	10	 

     

    

		10.	REGISTRATION RIGHTS

 

The Holder shall be
entitled to the registration rights as are contained in the Registration Rights Agreement of even date herewith, by and among the
Company, the Holder and the other subscribers of the Company’s securities pursuant to the Subscription Agreements, the provisions
of which are deemed incorporated herein by reference.

 

		11.	NOTICES

 

All notices, consents, waivers, and other
communications under this Warrant must be in writing and will be deemed given to a party when (a) delivered to the appropriate
address by hand or by nationally recognized overnight courier service (costs prepaid); (b) sent by facsimile or e-mail with confirmation
of transmission by the transmitting equipment; (c) received or rejected by the addressee, if sent by certified mail, return receipt
requested, if to the registered Holder hereof; or (d) seven days after the placement of the notice into the mails (first class
postage prepaid), to the Holder at the address, facsimile number, or e-mail address furnished by the registered Holder to the Company
in accordance with the Subscription Agreement by and between the Company and the Holder, or if to the Company, to it at:

 

PeerLogix, Inc.

500 7th Ave., 17th Floor

New York, NY 10018

Attention: William
Gorfein, Chief Executive Officer

 

with copy to:

 

Robinson & Cole, LLP

1055 Washington Blvd.

Stamford, Ct. 06901

Attention: Mitchell L. Lampert, Esq.

Facsimile: (203) 462-7599

 

		12.	SEVERABILITY

 

If a court of competent
jurisdiction holds any provision of this Warrant invalid or unenforceable, the other provisions of this Warrant will remain in
full force and effect. Any provision of this Warrant held invalid or unenforceable only in part or degree will remain in full force
and effect to the extent not held invalid or unenforceable.

 

    	 	11	 

     

    

		13.	BINDING EFFECT

 

This Warrant shall
be binding upon and inure to the sole and exclusive benefit of the Company, its successors and assigns, the registered Holder or
Holders from time to time of this Warrant and the Warrant Shares.

 

		14.	SURVIVAL OF RIGHTS AND DUTIES

 

This Warrant shall
terminate and be of no further force and effect on the earlier of 5:00 P.M., Eastern Time, on the Expiration Date or the date on
which this Warrant has been exercised in full.

 

		15.	GOVERNING LAW

 

This Warrant will be
governed by and construed under the laws of the State of New York without regard to conflicts of laws principles that would require
the application of any other law.

 

		16.	DISPUTE RESOLUTION

 

In the case of a dispute
as to the determination of the Exercise Price or the arithmetic calculation of the Warrant Shares, the Company shall submit the
disputed determinations or arithmetic calculations via facsimile within two Business Days of receipt of the Notice of Exercise
giving rise to such dispute, as the case may be, to the Holder. If the Holder and the Company are unable to agree upon such determination
or calculation of the Exercise Price or the Warrant Shares within three Business Days of such disputed determination or arithmetic
calculation being submitted to the Holder, then the Company shall, within two Business Days, submit via facsimile (a) the disputed
determination of the Exercise Price to an independent, reputable investment bank selected by the Company and approved by the Holder
or (b) the disputed arithmetic calculation of the Warrant Shares to the Company’s independent, outside accountant. The Company
shall cause at its expense the investment bank or the accountant, as the case may be, to perform the determinations or calculations
and notify the Company and the Holder of the results no later than ten (10) Business Days from the time it receives the disputed
determinations or calculations. Such investment bank’s or accountant’s determination or calculation, as the case may
be, shall be binding upon all parties absent demonstrable error.

 

		17.	NOTICES OF RECORD DATE

 

Upon (a) any establishment
by the Company of a record date of the holders of any class of securities for the purpose of determining the holders thereof who
are entitled to receive any dividend or other distribution, or right or option to acquire securities of the Company, or any other
right, or (b) any capital reorganization, reclassification, recapitalization, merger or consolidation of the Company with or into
any other corporation, any transfer of all or substantially all the assets of the Company, or any voluntary or involuntary dissolution,
liquidation or winding up of the Company, or the sale, in a single transaction, of a majority of the Company’s voting stock
(whether newly issued, or from treasury, or previously issued and then outstanding, or any combination thereof), the Company shall
mail to the Holder at least ten (10) Business Days, or such longer period as may be required by law, prior to the record date specified
therein, a notice specifying (i) the date established as the record date for the purpose of such dividend, distribution, option
or right and a description of such dividend, option or right, (ii) the date on which any such reorganization, reclassification,
transfer, consolidation, merger, dissolution, liquidation or winding up, or sale is expected to become effective and (iii) the
date, if any, fixed as to when the holders of record of Common Stock shall be entitled to exchange their shares of Common Stock
for securities or other property deliverable upon such reorganization, reclassification, transfer, consolation, merger, dissolution,
liquidation or winding up.

 

    	 	12	 

     

    

		18.	RESERVATION OF SHARES

 

The Company shall reserve
and keep available out of its authorized but unissued shares of Common Stock for issuance upon the exercise of this Warrant, free
from pre-emptive rights, such number of shares of Common Stock for which this Warrant shall from time to time be exercisable. The
Company will take all such reasonable action as may be necessary to assure that such Warrant Shares may be issued as provided herein
without violation of any applicable law or regulation. Without limiting the generality of the foregoing, the Company covenants
that it will use commercially reasonable efforts to take all such action as may be necessary or appropriate in order that the Company
may validly and legally issue fully paid and nonassessable Warrant Shares upon the exercise of this Warrant and use commercially
reasonable efforts to obtain all such authorizations, exemptions or consents, including but not limited to consents from the Company’s
stockholders or Board of Directors or any public regulatory body, as may be necessary to enable the Company to perform its obligations
under this Warrant.

 

		19.	NO THIRD PARTY RIGHTS

 

This Warrant is not
intended, and will not be construed, to create any rights in any parties other than the Company and the Holder, and no person or
entity may assert any rights as third-party beneficiary hereunder.

 

IN WITNESS WHEREOF,
the Company has caused this Warrant to be duly executed as of the date first set forth above.

 

 

	 	Realco International, Inc.	 
	 	 	 
	 	 	 
	 	 	 
	 	By:  /s/ William Gorfein	 
	 	Name:William Gorfein	 
	 	Title:  Chief Executive Officer	 

 

 

    	 	13	 

     

    

 

EXHIBIT A

 

NOTICE OF EXERCISE

 

(To be executed by the Holder of Warrant
if such Holder desires to exercise Warrant)

 

To Realco International, Inc.:

 

The
undersigned hereby irrevocably elects to exercise this Warrant and to purchase thereunder, ___________________ full shares of Realco
International, Inc.common stock issuable upon exercise of the Warrant and delivery of:

 

(1)$_________ (in
cash as provided for in the foregoing Warrant) and any applicable taxes payable by the undersigned pursuant to such Warrant; and

 

(2)__________ shares
of Common Stock (pursuant to a Cashless Exercise in accordance with Section 1(b)(ii) of the Warrant) (check here if the undersigned
desires to deliver an unspecified number of shares equal the number sufficient to effect a Cashless Exercise [___]).

 

The undersigned requests
that certificates for such shares be issued in the name of:

 

_________________________________________

(Please print name, address and social security
or federal employer

identification number (if applicable))

 

_________________________________________

 

_________________________________________

 

If the shares issuable
upon this exercise of the Warrant are not all of the Warrant Shares which the Holder is entitled to acquire upon the exercise of
the Warrant, the undersigned requests that a new Warrant evidencing the rights not so exercised be issued in the name of and delivered
to:

 

_________________________________________

(Please print name, address and social security
or federal employer

identification number (if applicable))

 

_________________________________________

 

_________________________________________

 

 

	 	Name of Holder (print):	  
	 	(Signature): 	 
	 	(By): 	 
	 	(Title): 	 
	 	Dated:  	 

 

 

    	 	14	 

     

    

 

EXHIBIT B

 

FORM OF ASSIGNMENT

 

FOR VALUE RECEIVED,
___________________________________ hereby sells, assigns and transfers to each assignee set forth below all of the rights of the
undersigned under the Warrant (as defined in and evidenced by the attached Warrant) to acquire the number of Warrant Shares set
opposite the name of such assignee below and in and to the foregoing Warrant with respect to said acquisition rights and the shares
issuable upon exercise of the Warrant:

 

 

	Name of Assignee	Address	Number of Shares
	
         

         
	 	 
	
         

         
	 	 
	
         

         
	 	 
	
         

         
	 	 

 

 

If the total of the
Warrant Shares are not all of the Warrant Shares evidenced by the foregoing Warrant, the undersigned requests that a new Warrant
evidencing the right to acquire the Warrant Shares not so assigned be issued in the name of and delivered to the undersigned.

 

 

	 	Name of Holder (print):	  
	 	(Signature): 	 
	 	(By): 	 
	 	(Title): 	 
	 	Dated:  	 

 

 

    	 	15Exhibit 10.8

 

 

THE WARRANT EVIDENCED OR CONSTITUTED HEREBY,
AND ALL SHARES OF COMMON STOCK ISSUABLE HEREUNDER, HAVE BEEN AND WILL BE ISSUED WITHOUT REGISTRATION UNDER THE SECURITIES ACT OF
1933, AS AMENDED (THE “SECURITIES ACT”) AND MAY NOT BE SOLD, OFFERED FOR SALE, TRANSFERRED, PLEDGED OR HYPOTHECATED
WITHOUT REGISTRATION UNDER THE ACT UNLESS EITHER (i) THE COMPANY HAS RECEIVED AN OPINION OF COUNSEL, IN FORM AND SUBSTANCE REASONABLY
SATISFACTORY TO THE COMPANY, TO THE EFFECT THAT REGISTRATION IS NOT REQUIRED IN CONNECTION WITH SUCH DISPOSITION OR (ii) THE SALE
OF SUCH SECURITIES IS MADE PURSUANT TO SEC RULE 144.

 

[Form of]

WARRANT
TO PURCHASE UNITS

OF

Realco International, Inc.

 

	NO. PAW-____	_______, 2015

 

THIS
CERTIFIES THAT, for $____ and other valuable consideration received by Realco International, Inc.,
a Nevada corporation (the “Company”), [__________], or its permitted registered assigns (“Holder”),
is entitled, subject to the terms and conditions of this Warrant, at any time or from time to time after the issuance date of this
Warrant (the “Effective Date”), and before 5:00 p.m. Pacific Time on the seventh (7th) anniversary
of the Effective Date (the “Expiration Date”), to purchase from the Company, ______ Units, each Unit
consisting of one share of the Company’s common stock, par value $0.00001 per share (the “Common Stock”), and
a warrant to purchase one share of Common Stock at a price of $0.72 per share during the five (5) year period commencing on the
date of this Warrant (the “Unit Warrants”) at a price per Unit equal to $.01 (the “Purchase Price”).
Both the number of Units purchasable upon exercise of this Warrant and the Purchase Price are subject to adjustment and change
as provided herein. 

 

1.            CERTAIN DEFINITIONS. As used in this Warrant the following terms shall have the following respective meanings:

 

1.1          
“Fair Market Value” of a share of Common Stock as of a particular date shall mean:

 

(a)            
If traded on a securities exchange or the Nasdaq Stock Market, the Fair Market Value shall be deemed to be the average of
the closing prices of the Common Stock of the Company on such exchange or market over the five (5) trading days ending immediately
prior to the applicable date of valuation;

 

(b)           
If actively traded over-the-counter, the Fair Market Value shall be deemed to be the average of the closing bid prices over
the thirty (30)-day period ending immediately prior to the applicable date of valuation; and

 

(c)            
If there is no active public market, the Fair Market Value shall be the value thereof, as agreed upon by the Company and
the Holder; provided, however, that if the Company and the Holder cannot agree on such value, such value shall be
determined by an independent valuation firm experienced in valuing businesses such as the Company and jointly selected in good
faith by the Company and the Holder. Fees and expenses of the valuation firm shall be paid for by the Company.

 

    	 	1	 

     

    

 

1.2           
“Registered Holder” shall mean any Holder in whose name this Warrant is registered upon the books
and records maintained by the Company.

 

1.3           
“Warrant” as used herein, shall include this Warrant and any warrant delivered in substitution
or exchange therefor as provided herein.

 

1.4           
“Common Stock” shall mean the Common Stock of the Company.

 

2.           EXERCISE OF WARRANT.

 

2.1           
Payment. Subject to compliance with the terms and conditions of this Warrant and applicable securities laws, this
Warrant may be exercised, in whole or in part at any time or from time to time, on or before the Expiration Date by the delivery
(including, without limitation, delivery by facsimile or email) of the form of Notice of Exercise attached hereto as Exhibit A
(the “Notice of Exercise”), duly executed by the Holder, at the principal office of the Company, and
as soon as practicable after such date, surrendering

 

(a)            
this Warrant at the principal office of the Company, and

 

(b)           
payment, (i) in cash (by check) or by wire transfer, (ii) by cancellation by the Holder of indebtedness of the
Company to the Holder; or (iii) by a combination of (i) and (ii), of an amount equal to the product obtained by multiplying
the number of Units being purchased upon such exercise by the then effective Purchase Price (the “Exercise Amount”).

 

2.2         Stock Certificates; Fractional Shares. As soon as practicable on or after the date of any exercise of this Warrant,
the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the
number of Units issuable upon such exercise, together with cash in lieu of any fraction of a share equal to such fraction of the
current Fair Market Value of one whole share of Common Stock as of such date of exercise. No fractional shares or scrip representing
fractional shares shall be issued upon an exercise of this Warrant.

 

2.3        
Partial Exercise; Effective Date of Exercise. In case of any partial exercise of this Warrant, the Company shall
cancel this Warrant upon surrender hereof and shall execute and deliver a new Warrant of like tenor and date for the balance of
the Units purchasable hereunder. This Warrant shall be deemed to have been exercised immediately prior to the close of business
on the date of its surrender for exercise as provided above. The person entitled to receive the Units issuable upon exercise of
this Warrant shall be treated for all purposes as the holder of record of such Units as of the close of business on the date the
Holder is deemed to have exercised this Warrant.

 

2.4        
Vesting. This Warrant shall vest fully upon issuance.

 

3.            VALID ISSUANCE: TAXES. All Units and shares of Common Stock and Unit Warrants issued upon the exercise of this Warrant
shall be validly issued, fully paid and nonassessable, and the Company shall pay all taxes and other governmental charges that
may be imposed in respect of the issue or delivery thereof. The Company shall not be required to pay any tax or other charge imposed
in connection with any transfer involved in the issuance of any certificate for shares of Common Stock or Unit Warrants in any
name other than that of the Registered Holder of this Warrant, and in such case the Company shall not be required to issue or deliver
any stock certificate or security until such tax or other charge has been paid, or it has been established to the Company’s
reasonable satisfaction that no tax or other charge is due.

 

    	 	2	 

     

    

 

4.           ADJUSTMENT OF PURCHASE PRICE AND NUMBER OF UNITS. The number of Units issuable upon exercise of this Warrant (or
any shares of stock, Unit Warrants or other securities or property receivable or issuable upon exercise of this Warrant) and the
Purchase Price are subject to adjustment upon occurrence of the following events:

 

4.1           
Adjustment for Stock Splits, Stock Subdivisions or Combinations of Shares. The Purchase Price of this Warrant shall
be proportionally decreased and the number of shares of Units issuable upon exercise of this Warrant (or any shares of stock, Unit
Warrants or other securities at the time issuable upon exercise of this Warrant) shall be proportionally increased to reflect any
stock split or subdivision of the Company’s Common Stock. The Purchase Price of this Warrant shall be proportionally increased
and the number of Units issuable upon exercise of this Warrant (or any shares of stock, Unit Warrants or other securities at the
time issuable upon exercise of this Warrant) shall be proportionally decreased to reflect any combination of the Company’s
Common Stock.

 

4.2           
Adjustment for Dividends or Distributions of Stock or Other Securities or Property. In case the Company shall make
or issue, or shall fix a record date for the determination of eligible holders entitled to receive, a dividend or other distribution
with respect to the Common Stock (or any shares of stock or other securities at the time issuable upon exercise of the Warrant)
payable in (a) securities of the Company or (b) assets (excluding cash dividends paid or payable solely out of retained earnings),
then, in each such case, the Holder of this Warrant on exercise hereof at any time after the consummation, effective date or record
date of such dividend or other distribution, shall receive, in addition to the shares of Common Stock and Unit Warrants (or such
other stock or securities) issuable on such exercise prior to such date, and without the payment of additional consideration therefor,
the securities or such other assets of the Company to which such Holder would have been entitled upon such date if such Holder
had exercised this Warrant on the date hereof and had thereafter, during the period from the date hereof to and including the date
of such exercise, retained such shares and all such additional securities or other assets distributed with respect to such shares
as aforesaid during such period giving effect to all adjustments called for by this Section 4.

 

4.3           
Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities
as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes,
this Warrant shall thereafter represent the right to acquire such number and kind of securities as would have been issuable as
the result of such change with respect to the securities that were subject to the purchase rights under this Warrant immediately
prior to such reclassification or other change, and the Purchase Price therefor shall be appropriately adjusted, all subject to
further adjustment as provided in this Section 4. No adjustment shall be made pursuant to this Section 4.3 upon any
conversion or redemption of the Common Stock which is the subject of Section 4.5.

 

 

 

    	 	3	 

     

    

 

4.4           
Adjustment for Capital Reorganization, Merger or Consolidation. In case of any capital reorganization of the capital
stock of the Company (other than a combination, reclassification, exchange or subdivision of shares otherwise provided for herein),
or any merger or consolidation of the Company with or into another corporation, or the sale of all or substantially all the assets
of the Company then, and in each such case, as a part of such reorganization, merger, consolidation, sale or transfer, lawful provision
shall be made so that the Holder of this Warrant shall thereafter be entitled to receive upon exercise of this Warrant, during
the period specified herein and upon payment of the Purchase Price then in effect, the number of shares of stock or other securities
or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer that a holder
of the shares deliverable upon exercise of this Warrant would have been entitled to receive in such reorganization, consolidation,
merger, sale or transfer if this Warrant had been exercised immediately before such reorganization, merger, consolidation, sale
or transfer, all subject to further adjustment as provided in this Section 4. The foregoing provisions of this Section
4.4 shall similarly apply to successive reorganizations, consolidations, mergers, sales and transfers and to the stock or securities
of any other corporation that are at the time receivable upon the exercise of this Warrant. If the per-share consideration payable
to the Holder hereof for shares in connection with any such transaction is in a form other than cash or marketable securities,
then the value of such consideration shall be determined in good faith by the Company’s Board of Directors. In all events,
appropriate adjustment (as determined in good faith by the Company’s Board of Directors) shall be made in the application
of the provisions of this Warrant with respect to the rights and interests of the Holder after the transaction, to the end that
the provisions of this Warrant shall be applicable after that event, as near as reasonably may be, in relation to any shares or
other property deliverable after that event upon exercise of this Warrant.

 

4.5           
Conversion of Common Stock. In case all or any portion of the authorized and outstanding shares of Common Stock of
the Company are redeemed or converted or reclassified into other securities or property pursuant to the Company’s Certificate
of Incorporation or otherwise, or the Common Stock otherwise ceases to exist, then, in such case, the Holder of this Warrant, upon
exercise hereof at any time after the date on which the Common Stock is so redeemed or converted, reclassified or ceases to exist
(the “Termination Date”), shall receive, in lieu of the number of shares of Common Stock and Unit Warrants
that would have been issuable upon such exercise immediately prior to the Termination Date, the securities or property that would
have been received if this Warrant had been exercised in full and the Common Stock and Unit Warrants received thereupon had been
simultaneously converted immediately prior to the Termination Date, all subject to further adjustment as provided in this Warrant.
Additionally, the Purchase Price shall be immediately adjusted to equal the quotient obtained by dividing (x) the aggregate Purchase
Price of the maximum number of Units for which this Warrant was exercisable immediately prior to the Termination Date by (y) the
number of Units of the Company for which this Warrant is exercisable immediately after the Termination Date, all subject to further
adjustment as provided herein.

 

5.           CERTIFICATE AS TO ADJUSTMENTS. In each case of any adjustment in the Purchase Price, or number or type of shares
issuable upon exercise of this Warrant, the Chief Financial Officer or Controller of the Company shall compute such adjustment
in accordance with the terms of this Warrant and prepare a certificate setting forth such adjustment and showing in detail the
facts upon which such adjustment is based, including a statement of the adjusted Purchase Price. The Company shall promptly send
(by facsimile or email and by either first class mail, postage prepaid or overnight delivery) a copy of each such certificate to
the Holder.

 

 

 

    	 	4	 

     

    

 

6.              
LOSS OR MUTILATION. Upon receipt of evidence reasonably satisfactory to the Company of the ownership of and the loss,
theft, destruction or mutilation of this Warrant, and of indemnity reasonably satisfactory to it, and (in the case of mutilation)
upon surrender and cancellation of this Warrant, the Company will execute and deliver in lieu thereof a new Warrant of like tenor
as the lost, stolen, destroyed or mutilated Warrant.

 

7.              
RESERVATION OF COMMON STOCK. The Company hereby covenants that at all times there shall be reserved for issuance
and delivery upon exercise of this Warrant such number of shares of Common Stock or other shares of capital stock of the Company
as are from time to time issuable upon exercise of this Warrant and the Unit Warrants and, from time to time, will take all steps
necessary to amend its Certificate of Incorporation to provide sufficient reserves of shares of Common Stock issuable upon exercise
of this Warrant and the Unit Warrants. All such shares shall be duly authorized, and when issued upon such exercise, shall be validly
issued, fully paid and non-assessable, free and clear of all liens, security interests, charges and other encumbrances or restrictions
on sale and free and clear of all preemptive rights, except encumbrances or restrictions arising under federal or state securities
laws. Issuance of this Warrant shall constitute full authority to the Company’s Officers who are charged with the duty of
executing stock certificates to execute and issue the necessary certificates for shares of Common Stock and Unit Warrants upon
the exercise of this Warrant.

 

8.              
TRANSFER AND EXCHANGE. Subject to the terms and conditions of this Warrant and compliance with all applicable securities
laws, this Warrant and all rights hereunder may be transferred to any Registered Holder’s parent, subsidiary or affiliate,
or, if the Registered Holder is a partnership, to any partner of such Registered Holder, in whole or in part, on the books of the
Company maintained for such purpose at the principal office of the Company referred to above, by the Registered Holder hereof in
person, or by duly authorized attorney, upon surrender of this Warrant properly endorsed and upon payment of any necessary transfer
tax or other governmental charge imposed upon such transfer. Upon any permitted partial transfer, the Company will issue and deliver
to the Registered Holder a new Warrant or Warrants with respect to the Units not so transferred. Each taker and holder of this
Warrant, by taking or holding the same, consents and agrees that when this Warrant shall have been so endorsed, the person in possession
of this Warrant may be treated by the Company, and all other persons dealing with this Warrant, as the absolute owner hereof for
any purpose and as the person entitled to exercise the rights represented hereby, any notice to the contrary notwithstanding; provided,
however, that until a transfer of this Warrant is duly registered on the books of the Company, the Company may treat the
Registered Holder hereof as the owner for all purposes.

 

9.              
RESTRICTIONS ON TRANSFER; REGISTRATION RIGHTS. The Holder shall be entitled to the registration rights as are contained
in the Registration Rights Agreement of even date herewith, by and among the Company and the Holder, the provisions of which are
deemed incorporated herein by reference. The Holder, by acceptance hereof, agrees that, absent an effective registration statement
filed with the Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended
(the “Securities Act”) covering the disposition or sale of this Warrant or the Common Stock and Unit
Warrants issued or issuable upon exercise hereof, as the case may be, and registration or qualification under applicable state
securities laws, such Holder will not sell, transfer, pledge, or hypothecate any or all of this Warrant or such Common Stock or
Units Warrants (or shares of Common Stock issuable upon exercise of the Unit Warrants), as the case may be, unless either (i) the
Company has received an opinion of counsel, in form and substance reasonably satisfactory to the Company, to the effect that such
registration is not required in connection with such disposition or (ii) the sale of such securities is made pursuant to SEC Rule
144.

 

    	 	5	 

     

    

 

10.           
COMPLIANCE WITH SECURITIES LAWS. By acceptance of this Warrant, the Holder hereby represents, warrants and covenants
that any shares of stock purchased upon exercise of this Warrant shall be acquired for investment only and not with a view to,
or for sale in connection with, any distribution thereof; that the Holder has had such opportunity as such Holder has deemed adequate
to obtain from representatives of the Company such information as is necessary to permit the Holder to evaluate the merits and
risks of its investment in the Company; that the Holder is able to bear the economic risk of holding such shares as may be acquired
pursuant to the exercise of this Warrant for an indefinite period; that the Holder understands that the shares of stock acquired
pursuant to the exercise of this Warrant will not be registered under the Securities Act (unless otherwise required pursuant to
exercise by the Holder of the registration rights, if any, granted to the Registered Holder) and will be “restricted securities”
within the meaning of Rule 144 under the Securities Act and that the exemption from registration under Rule 144 will not be available
for at least one (1) year from the date of exercise of this Warrant, subject to any special treatment by the SEC for exercise of
this Warrant pursuant to Section 2.2, and even then will not be available unless a public market then exists for the Company’s
securities, adequate information concerning the Company is then available to the public, and other terms and conditions of Rule
144 are complied with; and that all stock certificates and Unit Warrant certificates representing shares of stock or Unit Warrants
issued to the Holder upon exercise of this Warrant or upon conversion of such shares may have affixed thereto a legend substantially
in the following form:

 

THE SECURITIES REPRESENTED HEREBY HAVE
NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER THE SECURITIES LAWS
OF ANY STATE. THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND MAY NOT BE TRANSFERRED OR RESOLD EXCEPT
AS PERMITTED UNDER THE ACT AND THE APPLICABLE STATE SECURITIES LAWS, PURSUANT TO REGISTRATION OR EXEMPTION THEREFROM. INVESTORS
SHOULD BE AWARE THAT THEY MAY BE REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF TIME. THE
ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER TO THE EFFECT THAT
ANY PROPOSED TRANSFER OR RESALE IS IN COMPLIANCE WITH THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS.

 

11.           
NO RIGHTS OR LIABILITIES AS STOCKHOLDERS. This Warrant shall not entitle the Holder to any voting rights or other
rights as a stockholder of the Company. In the absence of affirmative action by such Holder to purchase Units by exercise of this
Warrant or Common Stock upon conversion thereof (or upon conversion of the Unit Warrants), no provisions of this Warrant, and no
enumeration herein of the rights or privileges of the Holder hereof shall cause such Holder hereof to be a stockholder of the Company
for any purpose.

 

 

 

    	 	6	 

     

    

 

12.        REPRESENTATIONS AND WARRANTIES OF THE COMPANY. The Company hereby represents and warrants to Holder that:

 

12.1        
Due Authorization; Consents. All corporate action on the part of the Company, its officers, directors and stockholders
necessary for (a) the authorization, execution and delivery of, and the performance of all obligations of the Company under, this
Warrant, and (b) the authorization, issuance, reservation for issuance and delivery of all of the Units issuable upon exercise
of this Warrant, has been duly taken. This Warrant constitutes a valid and binding obligation of the Company enforceable in accordance
with its terms, subject, as to enforcement of remedies, to applicable bankruptcy, insolvency, moratorium, reorganization and similar
laws affecting creditors’ rights generally and to general equitable principles. All consents, approvals and authorizations
of, and registrations, qualifications and filings with, any federal or state governmental agency, authority or body, or any third
party, required in connection with the execution, delivery and performance of this Warrant and the consummation of the transactions
contemplated hereby and thereby have been obtained.

 

12.2        
Organization. The Company is a corporation duly organized, validly existing and in good standing under the laws of
the State of Delaware and has all requisite corporate power to own, lease and operate its property and to carry on its business
as now being conducted and as currently proposed to be conducted.

 

12.3        
Valid Issuance of Stock. The outstanding shares of the capital stock of the Company are duly and validly issued,
fully paid and nonassessable, and such shares, and all outstanding options and other securities of the Company, have been issued
in full compliance with the registration and prospectus delivery requirements of the Securities Act and the registration and qualification
requirements of all applicable state securities laws, or in compliance with applicable exemptions therefrom, and all other provisions
of applicable federal and state securities laws, including without limitation, anti-fraud provisions.

 

12.4        
Governmental Consents. All consents, approvals, orders, authorizations or registrations, qualifications, declarations
or filings with any federal or state governmental authority on the part of the Company required in connection with the consummation
of the transactions contemplated herein shall have been obtained prior to and be effective as of the Effective Date.

 

13.        
NOTICES. Except as may be otherwise provided herein, all notices, requests, waivers and other communications made
pursuant to this Agreement shall be in writing and shall be conclusively deemed to have been duly given (a) when hand delivered
to the other party; (b) when received when sent by facsimile or email at the address and number set forth below; (c) three business
days after deposit in the U.S. mail with first class or certified mail receipt requested postage prepaid and addressed to the other
party as set forth below; or (d) the next business day after deposit with a national overnight delivery service, postage prepaid,
addressed to the parties as set forth below with next-business-day delivery guaranteed, provided that the sending party receives
a confirmation of delivery from the delivery service provider.

 

	To the Company:	To the Holder:
	
        500 7th Ave, 17th
        Floor

        New York, NY 10018

        Attn: William Gorfein
	
        [_______________]

 

    	 	7	 

     

    

 

Each person making a communication hereunder
by facsimile or email shall promptly confirm by telephone to the person to whom such communication was addressed each communication
made by it by facsimile or email pursuant hereto but the absence of such confirmation shall not affect the validity of any such
communication. A party may change or supplement the addresses given above, or designate additional addresses, for purposes of this
Section 13 by giving the other party written notice of the new address in the manner set forth above.

 

14.          HEADINGS.
The headings in this Warrant are for purposes of convenience in reference only, and shall not be deemed to constitute a part
hereof.

 

15.          LAW GOVERNING. This Warrant shall be construed and enforced in accordance with, and governed by, the laws of the
State of New York, without regard to conflict of law principles of such state.

 

16.          NO IMPAIRMENT. The Company will not, by amendment of its Certificate of Incorporation or bylaws, or through reorganization,
consolidation, merger, dissolution, issue or sale of securities, sale of assets or any other voluntary action, avoid or seek to
avoid the observance or performance of any of the terms of this Warrant, but will at all times in good faith assist in the carrying
out of all such terms and in the taking of all such action as may be necessary or appropriate in order to protect the rights of
the Registered Holder of this Warrant against impairment. Without limiting the generality of the foregoing, the Company (a) will
not increase the par value of any shares of stock issuable upon the exercise of this Warrant above the amount payable therefor
upon such exercise, and (b) will take all such action as may be necessary or appropriate in order that the Company may validly
and legally issue fully paid and nonassessable shares of Common Stock upon exercise of this Warrant.

 

17.        NOTICES OF RECORD DATE. In case:

 

17.1        
the Company shall take a record of the holders of its Common Stock (or other stock or securities at the time receivable
upon the exercise of this Warrant), for the purpose of entitling them to receive any dividend or other distribution, or any right
to subscribe for or purchase any shares of stock of any class or any other securities or to receive any other right; or

 

17.2        
of any consolidation or merger of the Company with or into another corporation, any capital reorganization of the Company,
any reclassification of the capital stock of the Company, or any conveyance of all or substantially all of the assets of the Company
to another corporation in which holders of the Company’s stock are to receive stock, securities or property of another corporation;
or

 

17.3        
of any voluntary dissolution, liquidation or winding-up of the Company; or

 

17.4        
of any redemption or conversion of all outstanding Common Stock;

then, and in each such case, the Company
will mail or cause to be mailed to the Registered Holder of this Warrant a notice specifying, as the case may be, (i) the date
on which a record is to be taken for the purpose of such dividend, distribution or right, or (ii) the date on which such reorganization,
reclassification, consolidation, merger, conveyance, dissolution, liquidation, winding-up, redemption or conversion is to take
place, and the time, if any is to be fixed, as of which the holders of record of Common Stock or (such stock or securities as at
the time are receivable upon the exercise of this Warrant), shall be entitled to exchange their shares of Common Stock (or such
other stock or securities), for securities or other property deliverable upon such reorganization, reclassification, consolidation,
merger, conveyance, dissolution, liquidation or winding-up. The Company shall use all reasonable efforts to ensure such notice
shall be delivered at least thirty (30) days prior to the date therein specified.

 

    	 	8	 

     

    

 

18.           
SEVERABILITY. If any term, provision, covenant or restriction of this Warrant is held by a court of competent jurisdiction
to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Warrant shall
remain in full force and effect and shall in no way be affected, impaired or invalidated.

 

19.           
COUNTERPARTS. For the convenience of the parties, any number of counterparts of this Warrant may be executed by the
parties hereto and each such executed counterpart shall be, and shall be deemed to be, an original instrument.

 

20.           
NO INCONSISTENT AGREEMENTS. The Company will not on or after the date of this Warrant enter into any agreement with
respect to its securities which is inconsistent with the rights granted to the Holders of this Warrant or otherwise conflicts with
the provisions hereof. The rights granted to the Holders hereunder do not in any way conflict with and are not inconsistent with
the rights granted to holders of the Company’s securities under any other agreements, except rights that have been waived.

 

21.           
SATURDAYS, SUNDAYS AND HOLIDAYS. If the Expiration Date falls on a Saturday, Sunday or legal holiday, the Expiration
Date shall automatically be extended until 5:00 p.m. the next business day.

 

22.           
ENTIRE AGREEMENT. This Warrant contains the sole and entire agreement and understanding of the parties with respect
to the entire subject matter of this Warrant, and any and all prior discussions, negotiations, commitments and understandings,
whether oral or otherwise, related to the subject matter of this Warrant are hereby merged herein.

 

 

[Signatures appear on following page.]

 

 

 

 

 

 

 

 

    	 	9	 

     

    

 

IN WITNESS WHEREOF,
the parties hereto have executed this Warrant as of the Effective Date.

 

	
        [HOLDER]

         

         
	 	REALCO INTERNATIONAL, INC.
	By:  	 	By:  
	Its: 	  	Its:  

 

 

 

 

 

 

SIGNATURE PAGE TO WARRANT TO PURCHASE COMMON
STOCK

 

 

 

    	 	10	 

     

    

 

EXHIBIT A

 

NOTICE OF EXERCISE

 

(To be executed upon exercise of Warrant)

 

[COMPANY]

 

The undersigned hereby irrevocably elects
to exercise the right of purchase represented by the within Warrant Certificate for, and to purchase thereunder, the securities
of the Company, as provided for therein, and (check the applicable box):

 

	[_]	tenders herewith payment of the exercise price in full in the form of cash or a certified or official bank check in same-day funds in the amount of $____________ for _________ such securities.

 

Please issue a certificate or certificates
for such securities in the name of, and pay any cash for any fractional share to (please print name, address and social security
number):

 

	Name:	 
	Address:	 
	Signature:	 

 

Note: The above signature should correspond
exactly with the name on the first page of this Warrant Certificate or with the name of the assignee appearing in the assignment
form below.

 

If said number of Units shall not be all
the Units purchasable under the within Warrant Certificate, a new Warrant is to be issued in the name of said undersigned for the
balance remaining of the Units purchasable thereunder rounded up to the next higher whole number of Units.

 

 

    	 	11	 

     

    

 

EXHIBIT B

 

ASSIGNMENT

 

(To be executed only upon assignment of
Warrant Certificate)

 

For value received, hereby sells, assigns
and transfers unto ____________________________ the within Warrant Certificate, together with all right, title and interest therein,
and does hereby irrevocably constitute and appoint ____________________________ attorney, to transfer said Warrant Certificate
on the books of the within-named Company with respect to the number of Warrants set forth below, with full power of substitution
in the premises:

 

	Name(s) of Assignee(s)	Address	# of Warrants
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 

 

And if said number of Warrants shall not
be all the Warrants represented by the Warrant Certificate, a new Warrant Certificate is to be issued in the name of said undersigned
for the balance remaining of the Warrants registered by said Warrant Certificate.

 

	Dated:	 
	Signature:	 

 

Notice: The signature to the foregoing
Assignment must correspond to the name as written upon the face of this security in every particular, without alteration or any
change whatsoever; signature(s) must be guaranteed by an eligible guarantor institution (banks, stock brokers, savings and loan
associations and credit unions with membership in an approved signature guarantee medallion program) pursuant to Securities and
Exchange Commission Rule 17Ad-15.

 

 

 

 

    	 	12

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