Document:

Exhibit 10.10

 

FORM OF

LOCK-UP AGREEMENT

 

THIS LOCK-UP AGREEMENT (this
“Agreement”) is dated as of [•], 2022 by and between the undersigned stockholder (the “Holder”)
and Abri SPAC I, Inc., a Delaware corporation (the “Parent”).

 

A. Parent, Abri Merger Sub
Inc., a Delaware corporation and wholly-owned subsidiary of the Parent, DLQ, Inc., a Nevada corporation (the “Company”)
and Logiq, Inc., a Delaware corporation and the parent of the Company (“DLQ Parent”) entered into a Merger Agreement
dated as of September 9, 2022 (the “Merger Agreement”). Capitalized terms used, but not otherwise defined herein,
shall have the meanings ascribed to such terms in the Merger Agreement.

 

B. Pursuant to the Merger
Agreement, Parent will become the 100% stockholder of the Company.

 

C. The Holder is either (i)
the record and/or beneficial owner of certain shares of Company Common Stock, which will be exchanged for shares of Parent Common Stock
pursuant to the Merger Agreement or (ii) a member of management of DLQ Parent that receives Dividend Shares of Parent Common Stock as
provided in the Merger Agreement.

 

D. As a condition of, and
as a material inducement for the Parent and the Company to enter into and consummate the transactions contemplated by the Merger Agreement,
the Holder has agreed to execute and deliver this Agreement, which shall be effective as of the Closing Date of the Merger.

 

NOW, THEREFORE, for and in
consideration of the mutual covenants and agreements set forth herein, and other good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the parties, intending to be legally bound, agree as follows:

 

AGREEMENT

 

1. Lock-up.

 

(a) Subject to Section 1(b)
below, during the Lock-up Period, the Holder agrees that it, he or she will not offer, sell, contract to sell, pledge or otherwise dispose
of, directly or indirectly, any of the Lock-up Shares (as defined below), enter into a transaction that would have the same effect, or
enter into any swap, hedge or other arrangement that transfers, in whole or in part, any of the economic consequences of ownership of
the Lock-up Shares or otherwise, publicly disclose the intention to make any offer, sale, pledge or disposition, or to enter into any
transaction, swap, hedge or other arrangement, or engage in any Short Sales (as defined below) with respect to the Lock-up Shares.

 

(b) In furtherance of the foregoing,
during the Lock-up Period, the Parent will (i) place a stop order on all the Lock-up Shares, including those which may be covered by a
registration statement, and (ii) notify the Parent’s transfer agent in writing of the stop order and the restrictions on the Lock-up
Shares under this Agreement and direct the Parent’s transfer agent not to process any attempts by the Holder to resell or transfer
any Lock-up Shares, except in compliance with this Agreement.

 

(c) For purposes hereof, “Short
Sales” include, without limitation, all “short sales” as defined in Rule 200 of Regulation SHO under the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), and all types of direct and indirect stock pledges, forward
sale contracts, options, puts, calls, swaps and similar arrangements (including on a total return basis), and sales and other transactions
through non-U.S. broker dealers or foreign regulated brokers.

 

(d) The term “Lock-up
Period” means the date that is eleven (11) months after the Closing Date (as defined in the Merger Agreement).

 

     

     

    

 

2. Beneficial Ownership.
The Holder hereby represents and warrants that it does not beneficially own, directly or through its nominees (as determined in accordance
with Section 13(d) of the Exchange Act, and the rules and regulations promulgated thereunder), any shares of Parent Common Stock, or any
economic interest in or derivative of such shares, other than those shares of Parent Common Stock issued pursuant to the Merger Agreement.
For purposes of this Agreement, the Merger Consideration Shares (other than the Dividend Shares being distributed by DLQ Parent to it
stockholders concurrent with the Closing) beneficially owned by the Holder, together with any other shares of Parent Common Stock, and
including any securities convertible into, or exchangeable for, or representing the rights to receive Parent Common Stock, if any, acquired
during the Lock-up Period are collectively referred to as the “Lock-up Shares,” provided, however,
that such Lock-up Shares shall not include shares of Parent Common Stock acquired by such Holder in open market transactions during the
Lock-up Period. For the avoidance of doubt, notwithstanding anything contained in this paragraph, the parties have agreed that the Dividend
Shares distributed to members of management are Lock-up Shares.

 

Notwithstanding the foregoing,
and subject to the conditions below, the undersigned may transfer Lock-up Shares in connection with (a) transfers or distributions to
the Holder’s direct or indirect affiliates (within the meaning of Rule 405 under the Securities Act of 1933, as amended (the “Securities
Act”)) or to the estates of any of the foregoing; (b) any transfers exempt from registration under the Securities Act; (c)
transfers by bona fide gift to a member of the Holder’s immediate family or to a trust, the beneficiary of which is the Holder or
a member of the Holder’s immediate family for estate planning purposes; (d) by virtue of the laws of descent and distribution upon
death of the Holder; (e) pursuant to a qualified domestic relations order; (f) transfers to the Parent’s officers, directors or
their affiliates; (g) transfers pursuant to a bona fide third-party tender offer, merger, stock sale, recapitalization, consolidation
or other transaction involving a change of control of Parent; provided, however, that in the event that such tender offer,
merger, recapitalization, consolidation or other such transaction is not completed, the Lock-up Shares subject to this Agreement shall
remain subject to this Agreement; (h) the establishment of a trading plan pursuant to Rule 10b5-1 promulgated under the Exchange Act;
provided, however, that such plan does not provide for the transfer of Lock-up Shares during the Lock-up Period; (i) transfers
to satisfy tax withholding obligations in connection with the exercise of options to purchase shares of Parent Common Stock or the vesting
of stock-based awards or shares of Parent Common Stock issued pursuant to that certain Management Earnout Agreement; and (j) transfers
in payment on a “net exercise” or “cashless” basis of the exercise or purchase price with respect to the exercise
of options to purchase shares of Parent Common Stock; provided, however, that, in the case of any transfer pursuant to the
foregoing (a) through (f) clauses, it shall be a condition to any such transfer that (i) the transferee/donee agrees in writing (a copy
of which shall be provided by the Holder to the parties hereto and to Continental Stock and Transfer Company), to be bound by the terms
of this Agreement (including, without limitation, the restrictions set forth in the preceding sentence) to the same extent as if the transferee/donee
were a party hereto; and (ii) each party (donor, donee, transferor or transferee) shall not be required by law (including without limitation
the disclosure requirements of the Securities Act and the Exchange Act) to make, and shall agree to not voluntarily make, any filing or
public announcement of the transfer or disposition prior to the expiration of the Lock-up Period. The Holder hereby covenants to Parent
that the Holder will give notice to Parent of any transfer of Lock-up Shares pursuant to this Section 2 of the Agreement, with such notice
given in accordance with Section 5 of this Agreement.

 

3. Representations and
Warranties. Each of the parties hereto, by their respective execution and delivery of this Agreement, hereby represents and warrants
to the other that (a) such party has the full right, capacity and authority to enter into, deliver and perform its respective obligations
under this Agreement, (b) this Agreement has been duly executed and delivered by such party and is a binding and enforceable obligation
of such party and, enforceable against such party in accordance with the terms of this Agreement, and (c) the execution, delivery and
performance of such party’s obligations under this Agreement will not conflict with or breach the terms of any other agreement,
contract, commitment or understanding to which such party is a party or to which the assets or securities of such party are bound. The
Holder has independently evaluated the merits of his/her/its decision to enter into and deliver this Agreement, and such Holder confirms
that he/she/it has not relied on the advice of Company, Company’s legal counsel, or any other person.

 

4. No Additional Fees/Payment.
Other than the consideration specifically referenced herein, the parties hereto agree that no fee, payment or additional consideration
in any form has been or will be paid to the Holder in connection with this Agreement.

 

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5. Notices. Any notices
required or permitted to be sent hereunder shall be sent in writing, addressed as specified below, and shall be deemed given: (a) if by
hand or recognized courier service, by 4:00PM on a Business Day, addressee’s day and time, on the date of delivery, and otherwise
on the first Business Day after such delivery; (b) if by email, on the date that transmission is confirmed electronically, if by 4:00PM
on a Business Day, addressee’s day and time, and otherwise on the first Business Day after the date of such confirmation; or (c)
five days after mailing by certified or registered mail, return receipt requested. Notices shall be addressed to the respective parties
as follows (excluding telephone numbers, which are for convenience only), or to such other address as a party shall specify to the others
in accordance with these notice provisions:

 

(a) If to Company, to:

 

[                                ]

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

 

[                                ]

 

if to Parent or Merger Sub (prior to the
Closing):

 

Abri SPAC I, Inc.

9663 Santa Monica Blvd., No. 1091

Beverly Hills, CA 90210

Attn: Jeffrey Tirman, Chief Executive Officer

E-mail: jtirman@abriadv.com

 

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

 

Loeb & Loeb LLP

345 Park Ave

New York, NY 10154

Attention: Mitchell S. Nussbaum

Fax: 212.504.3013

E-mail: mnussbaum@loeb.com

 

(b) If to the Holder, to the
address set forth on the Holder’s signature page hereto, with a copy, which shall not constitute notice, to:

Abri Ventures I, LLC.

9663 Santa Monica Blvd., No. 1091

Beverly Hills, CA 90210

Attn: Jeffrey Tirman, Chief Executive Officer

E-mail: jtirman@abriadv.com

 

or to such other address(es) as any party may
have furnished to the others in writing in accordance herewith.

 

6. Enumeration and Headings.
The enumeration and headings contained in this Agreement are for convenience of reference only and shall not control or affect the meaning
or construction of any of the provisions of this Agreement.

 

7. Counterparts. This
Agreement may be executed in facsimile and in any number of counterparts, each of which when so executed and delivered shall be deemed
an original, but all of which shall together constitute one and the same agreement. This Agreement shall become effective upon delivery
to each party of an executed counterpart or the earlier delivery to each party of original, photocopied or electronically transmitted
signature pages that together (but need not individually) bear the signatures of all other parties.

 

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8. Successors and Assigns.
This Agreement and the terms, covenants, provisions and conditions hereof shall be binding upon, and shall inure to the benefit of, the
respective heirs, successors and assigns of the parties hereto. The Holder hereby acknowledges and agrees that this Agreement is entered
into for the benefit of and is enforceable by Company and its successors and assigns.

 

9. Severability. If
any provision of this Agreement is held to be invalid or unenforceable for any reason, such provision will be conformed to prevailing
law rather than voided, if possible, in order to achieve the intent of the parties and, in any event, the remaining provisions of this
Agreement shall remain in full force and effect and shall be binding upon the parties hereto.

 

10. Amendment. This
Agreement may be amended or modified by written agreement executed by each of the parties hereto.

 

11. Further Assurances.
Each party shall do and perform, or cause to be done and performed, all such further acts and things, and shall execute and deliver all
such other agreements, certificates, instruments and documents, as any other party may reasonably request in order to carry out the intent
and accomplish the purposes of this Agreement and the consummation of the transactions contemplated hereby.

 

12. No Strict Construction.
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.

 

 13. Dispute Resolution.
Section 12.15 (Waiver of Jury Trial) and 12.16 (Submission to Jurisdiction) of the Merger Agreement is incorporated by reference herein
to apply with full force to any disputes arising under this Agreement.

 

14. Governing Law.
Section 12.7 (Governing Law) of the Merger Agreement is incorporated by reference herein to apply with full force to any disputes arising
under this Agreement.

 

15. Controlling Agreement.
To the extent the terms of this Agreement (as amended, supplemented, restated or otherwise modified from time to time) directly conflicts
with any provision in the Merger Agreement, the terms of this Agreement shall control.

 

[Signature Page Follows]

 

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

 

	 	Abri SPAC I., Inc.
	 	 
	 	By:	 
	 	Name: 	Jeffrey Tirman
	 	Title:	Chief Executive Officer

 

	 	HOLDER:
	 	 
	 	By:	        
	 	Name: 	 
	 	Title:	 

 

 

5Exhibit 10.12

 

FORM OF

 

MANAGEMENT EARNOUT AGREEMENT

 

This Management Earnout Agreement
(this “Agreement”), dated as of [●], 2022, is entered into by and among each member of management of DLQ,
Inc. set forth on Exhibit A (the “Management Members”), and Abri SPAC I, Inc., a Delaware corporation (“Parent”).
The Management Members and Parent are sometimes referred to herein each as a “Party” and together the “Parties”.

 

Recitals

 

WHEREAS, Parent, Abri Merger
Sub, Inc., a Delaware corporation (“Merger Sub”), DLQ, Inc., a Nevada corporation (the “Company”),
and Logiq, Inc., a Delaware corporation (the “DLQ Parent”) have entered into a Merger Agreement (the “Merger
Agreement”; capitalized terms used but not defined herein shall have their respective meanings assigned to them in the Merger
Agreement), dated as of September 9, 2022, pursuant to which Merger Sub will merge with and into the Company (the “Merger”)
and the Company will be the surviving company and a wholly-owned subsidiary of Parent; and

 

WHEREAS, as a condition and
an inducement to Parent and the Company entering into the Merger Agreement, the Management Members and Parent have agreed that an aggregate
of 2,000,000 shares of Parent Common Stock (collectively, the “Management Earnout Shares”) will be issued to
the Management Members in the amounts set forth on Schedule A free and clear of all Liens.

 

NOW, THEREFORE, in consideration
of the premises, representations, warranties and the mutual covenants contained in this Agreement, and for other good and valuable consideration,
the receipt, sufficiency and adequacy of which are hereby acknowledged, the Parties agree as follows:

 

Agreement

 

1. Definitions.
For purposes hereof, the following terms when used in this Agreement shall have the respective meanings
set forth below:

 

“Earnout Period”
means the First Earnout Period, the Second Earnout Period and the Third Earnout Period, as applicable.

 

“First Earnout Period”
means the period from and after the Closing until the first anniversary of the Closing Date.

 

“First Milestone Event”
means the occurrence of the following event: the closing share price of the shares of Parent Common Stock over any twenty (20) consecutive
Trading Days during the First Earnout Period is greater than or equal to $16.50 per share (subject to any adjustment pursuant to Section
3(c)).

 

     

     

    

 

“Milestone Event”
means any of the First Milestone Event, Second Milestone Event and Third Milestone Event.

 

“Second Earnout Period”
means the period from and after the Closing until the second anniversary of the Closing Date.

 

“Second Milestone Event”
means the occurrence of the following event: the closing share price of the shares of Parent Common Stock over any twenty (20) consecutive
Trading Days during the Second Earnout Period is greater than or equal to $23.00 per share (subject to any adjustment pursuant to Section
3(c)).

 

“Third Earnout Period”
means the period from and after the Closing until the third anniversary of the Closing Date.

 

“Third Milestone Event”
means the occurrence of the following event: the closing share price of the shares of Parent Common Stock over any twenty (20) consecutive
Trading Days during the Third Earnout Period is greater than or equal to $30.00 per share (subject to any adjustment pursuant to Section
3(c)).

 

2. Issuance
and Release of the Management Earnout Shares.

 

(a) The
Parties acknowledge and agree that the Management Earnout Shares shall be: issued by Parent to the Management Members in the amounts set
forth on Exhibit A, as additional consideration for the Merger, free and clear of all Liens other than applicable federal and state securities
restrictions):

 

(i) 500,000 Management
Earnout Shares shall be earned upon satisfaction of the First Milestone Event;

 

(ii) 650,000 Management
Earnout Shares shall be earned upon satisfaction of the Second Milestone Event; and

 

(iii) 850,000 Management
Earnout Shares shall be earned upon satisfaction of the Third Milestone Event.

 

Any Management Earnout Shares
that are not earned on or before the expiration of the applicable Earnout Period shall be forfeited and cancelled.

 

(b) For
the avoidance of doubt: (i) more than one of the Milestone Events described in Sections 2(a) may occur at the same time if occurring
during the portion of the Earnout Period starting from and after the Closing Date and ending on the second anniversary of the Closing
Date; (ii) only the Milestone Events described in Sections 2(a) may occur during the portion of the Earnout Period starting from
and after the first anniversary of the Closing Date and ending on the second anniversary of the Closing Date; and (iii) only the Milestone
Event described in Section 2(a) may occur during the portion of the Earnout Period starting from and after the second anniversary
of the Closing Date and ending on the third anniversary of the Closing Date.

 

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3. Covenants
of Parent.

 

(a) Promptly
after each Milestone Event has occurred (but in any event within ten (10) Business Days after the occurrence of the applicable Milestone
Event), Parent shall take all actions required to be taken by Parent to issue the applicable Management Earnout Shares to the Management
Members as detailed on Exhibit A.

 

(b) Parent
shall take such actions as are reasonably requested by the Management Members to evidence the issuances pursuant to Section 2(a),
including through the provision of an updated stock ledger showing such issuances (as certified by an officer of Parent responsible for
maintaining such ledger or the applicable registrar or transfer agent of Parent).

 

(c) In
the event Parent shall at any time during the Earnout Period pay any dividend on Parent Common Stock by the issuance of additional shares
of Parent Common Stock, or effect a subdivision or combination or consolidation of the outstanding Parent Common Stock (by reclassification
or otherwise) into a greater or lesser number of shares of Parent Common Stock, then in each such case, (i) the number of Management Earnout
Shares shall be adjusted by multiplying such amount by a fraction, the numerator of which is the number of shares of Parent Common Stock
(including any other shares so reclassified as Parent Common Stock) outstanding immediately after such event and the denominator of which
is the number of shares of Parent Common Stock that were outstanding immediately prior to such event, and (ii) the dollar values set forth
in Sections 2(a) and Sections 4(a)-(c) shall be appropriately adjusted to provide to the Management Members the same economic
effect as contemplated by this Agreement prior to such event.

 

(d) During
the Earnout Period, Parent shall take all reasonable efforts for Parent to remain listed as a public company on, and for the Parent Common
Stock to be tradable over, Nasdaq; provided, however, that the foregoing shall not limit Parent from consummating a Change in Control
or entering into a Contract that contemplates a Change in Control. Upon the consummation of any Change in Control during the Earnout Period,
other than as set forth in Section 4, Parent shall have no further obligations pursuant to this Section 3(d).

 

(e) Except
with respect to any amounts treated as imputed interest under Section 483 of the Code, any issuance of shares of Management Earnout Shares
pursuant to this Agreement shall be treated as an adjustment to the merger consideration by the Parties for Tax purposes, unless otherwise
required by a change in applicable Tax Law. Any Management Earnout Share that is issued pursuant to this Agreement shall be treated as
eligible for non-recognition treatment under Section 354 of the Code (and shall not be treated as “other property” within
the meaning of Section 356 of the Code).

 

4. Change
in Control. If, at any time after the Closing and prior to or on the third (3rd) anniversary of the
Closing Date, there occurs any transaction resulting in a Change in Control, and the per share valuation of Parent Common Stock in such
Change in Control transaction prior to giving effect to the provisions of this Section 4 is: (a) greater than or equal to $16.50,
then, immediately prior to the consummation of such Change in Control, the Milestone Event set forth in Section 2(i) shall be deemed
to have occurred if such Milestone Event shall not have previously occurred; (ii) greater than or equal to $23.00, then, immediately prior
to the consummation of such Change in Control, the Milestone Event set forth in Section 2(a)(ii) shall be deemed to have occurred
if such Milestone Event shall not have previously occurred; and (iii) greater than or equal to $30.00 then, immediately prior to the consummation
of such Change in Control, the Milestone Event set forth in Section 2(a)(iii) shall be deemed to have occurred if such Milestone
Event shall not have previously occurred (it being understood that such Change in Control may result in the occurrence of more than one
of the events as provided in clauses (i), (ii) and (iii)); provided, however, that, in each case of clauses (i), (ii) and (iii), the applicable
Management Earnout Shares shall be released to the Management Members as of immediately prior to the Change in Control, and the Management
Members shall be eligible to participate in such Change in Control transaction with respect to such Management Earnout Shares.

 

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5. Representations
and Warranties of Each Management Member. Each Management Member represents and warrants to Parent as follows:

 

(a) Authorization.
This Agreement, when executed and delivered by such Management Member, shall constitute the valid and legally binding obligation of such
Management Member, enforceable in accordance with its terms, except: (i) as limited by applicable bankruptcy, insolvency, reorganization,
moratorium, fraudulent conveyance and any other laws of general application affecting enforcement of creditors’ rights generally;
or (ii) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.

 

(b) Governmental
Consents and Filings. No consent, approval, order or authorization of, or registration, qualification, designation, declaration or
filing with, any federal, state or local governmental authority is required on the part of such Management Member in connection with the
consummation of the transactions contemplated by this Agreement.

 

(c) Compliance
with Other Instruments. The execution, delivery and performance by each Management Member of this Agreement and the consummation by
such Management Member of the transactions contemplated by this Agreement will not result in any violation or default: (i) of any
instrument, judgment, order, writ or decree to which it is a party or by which it is bound; (ii) under any note, indenture or mortgage
to which it is a party or by which it is bound; (iii) under any lease, agreement, contract or purchase order to which it is a party or
by which it is bound; or (iv) of any provision of any federal or state statute, rule or regulation applicable to such Management Member,
in each case, which would have a material adverse effect on the Management Member or its ability to consummate the transactions contemplated
by this Agreement.

 

6. Representations
and Warranties of Parent. Parent represents and warrants to the Management Members as follows:

 

(a) Organization
and Corporate Power. Parent is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its formation
and has all requisite power and authority to carry on its business as presently conducted and as proposed to be conducted.

 

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(b) Authorization.
Parent has full power and authority to enter into this Agreement. This Agreement, when executed and delivered by Parent, shall constitute
the valid and legally binding obligation of Parent, enforceable against Parent in accordance with its terms except: (i) as limited by
applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance, or other laws of general application relating to
or affecting the enforcement of creditors’ rights generally; or (ii) as limited by laws relating to the availability of specific
performance, injunctive relief, or other equitable remedies.

 

(c) Governmental
Consents and Filings. Assuming the accuracy of the representations and warranties made by the Management Members in this Agreement,
no consent, approval, order or authorization of, or registration, qualification, designation, declaration or filing with, any federal,
state or local governmental authority is required on the part of Parent in connection with the consummation of the transactions contemplated
by this Agreement.

 

(d) Compliance
with Other Instruments. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated
by this Agreement will not result in any violation or default: (i) of any provisions of its certificate of incorporation or other governing
documents; (ii) of any instrument, judgment, order, writ or decree to which it is a party or by which it is bound; (iii) under any note,
indenture or mortgage to which it is a party or by which it is bound; (iv) under any lease, agreement, contract or purchase order to which
it is a party or by which it is bound; or (v) of any provision of any federal or state statute, rule or regulation applicable to Parent,
in each case (other than clause (i)) which would have a material adverse effect on Parent or its ability to consummate the transactions
contemplated by this Agreement.

 

7. General
Provisions.

 

(a) Notices.
Any notice hereunder shall be sent in writing, addressed as specified below, and shall be deemed given: (i) if by hand or nationally recognized
overnight courier service, by 5:00 PM Eastern Time on a Business Day, addressee’s day and time, on the date of delivery, and if
delivered after 5:00 PM Eastern Time, on the first Business Day after such delivery; (ii) if by electronic mail or facsimile, on the date
of transmission with affirmative confirmation of receipt; or (iii) three (3) Business Days after mailing by prepaid certified or registered
mail, return receipt requested. Notices shall be addressed to the respective Parties as follows, or to such other address as a Party shall
specify to the others in accordance with these notice provisions:

 

if to Parent, to:

 

Abri SPAC I, Inc.

9663 Santa Monica Blvd., No. 1091

Beverly Hills, CA 90210

Attn: Jeffrey Tirman, Chief Executive
Officer

 

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E-mail: jtirman@abriadv.com with
a copy (which shall not constitute notice) to:

 

Loeb & Loeb LLP

345 Park Ave

New York, NY 10154

Attention: Mitchell S. Nussbaum

Fax: 212.504.3013

E-mail: mnussbaum@loeb.com

 

if to a Management Member, to
the address for such Management Member set forth on Exhibit A.

 

(b) Survival
of Representations and Warranties. All of the representations and warranties contained herein shall survive the Closing.

 

(c) Entire
Agreement. This Agreement, together with any documents, instruments and writings that are delivered pursuant hereto or referenced
herein, constitutes the entire agreement and understanding of the Parties in respect of its subject matter and supersedes all prior understandings,
agreements, or representations by or among the Parties, written or oral, to the extent they relate in any way to the subject matter hereof
or the transactions contemplated hereby.

 

(d) Successors.
All of the terms, agreements, covenants, representations, warranties, and conditions of this Agreement are binding upon, and inure to
the benefit of and are enforceable by, the Parties and their respective successors. Nothing in this Agreement, express or implied, is
intended to confer upon any Party other than the Parties or their respective successors and assigns any rights, remedies, obligations
or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.

 

(e) Assignments.
Except as otherwise specifically provided herein, no Management Member may assign either this Agreement or any of its rights, interests,
or obligations hereunder without the prior written approval of the Parent.

 

(f) Counterparts.
This Agreement may be executed, by manual or electronic signature, in two or more counterparts, each of which will be deemed an original
but all of which together will constitute one and the same instrument.

 

(g) Headings.
The section headings contained in this Agreement are inserted for convenience only and will not affect in any way the meaning or interpretation
of this Agreement.

 

(h) Governing
Law. This Agreement, the entire relationship of the Parties, and any litigation between the Parties (whether grounded in contract,
tort, statute, law or equity) shall be governed by, construed in accordance with, and interpreted pursuant to the laws of the State of
Delaware, without giving effect to its choice of laws principles.

 

(i) Jurisdiction.
The Parties (i) hereby irrevocably and unconditionally submit to the jurisdiction of the federal and state courts of New York (or any
appellate courts thereof) for the purpose of any suit, action or other proceeding arising out of or based upon this Agreement, (b) agree
not to commence any suit, action or other proceeding arising out of or based upon this Agreement except in the federal and state courts
of New York, and (c) hereby waive, and agree not to assert, by way of motion, as a defense, or otherwise, in any such suit, action or
proceeding, any claim that it is not subject personally to the jurisdiction of the above-named courts, that its property is exempt or
immune from attachment or execution, that the suit, action or proceeding is brought in an inconvenient forum, that the venue of the suit,
action or proceeding is improper or that this Agreement or the subject matter hereof may not be enforced in or by such court.

 

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(j) Waiver
of Jury Trial. The Parties hereby waive any right to a jury trial in connection with any litigation pursuant to this Agreement and
the transactions contemplated hereby.

 

(k) Amendments.
This Agreement may not be amended, modified or waived as to any particular provision, except with the written consent of Parent and a
majority-in-interest of the Management Members.

 

(l) Severability.
The provisions of this Agreement will be deemed severable and the invalidity or unenforceability of any provision will not affect the
validity or enforceability of the other provisions hereof; provided that if any provision of this Agreement, as applied to any Party or
to any circumstance, is adjudged by a governmental authority, arbitrator, or mediator not to be enforceable in accordance with its terms,
the Parties agree that the governmental authority, arbitrator, or mediator making such determination will have the power to modify the
provision in a manner consistent with its objectives such that it is enforceable, and/or to delete specific words or phrases, and in its
reduced form, such provision will then be enforceable and will be enforced.

 

(m) Expenses.
Parent will bear all of the costs and expenses incurred in connection with the preparation, execution and performance of this Agreement
and the consummation of the transactions contemplated hereby, including all fees and expenses of agents (including transfer agents), representatives,
financial advisors, legal counsel and accountants.

 

(n) Construction.
The Parties have participated jointly in the negotiation and drafting of this Agreement. If an ambiguity or question of intent or interpretation
arises, this Agreement will be construed as if drafted jointly by the Parties and no presumption or burden of proof will arise favoring
or disfavoring any Party because of the authorship of any provision of this Agreement. Any reference to any federal, state, local, or
foreign law will be deemed also to refer to such law as amended and all rules and regulations promulgated thereunder, unless the context
requires otherwise. The words “include,” “includes,” and “including” will be
deemed to be followed by “without limitation.” Pronouns in masculine, feminine, and neuter genders will be construed
to include any other gender, and words in the singular form will be construed to include the plural and vice versa, unless the context
otherwise requires. The words “this Agreement,” “herein,” “hereof,” “hereby,”
“hereunder,” and words of similar import refer to this Agreement as a whole and not to any particular subdivision unless
expressly so limited. The Parties intend that each representation, warranty, and covenant contained herein will have independent significance.
If any Party has breached any representation, warranty, or covenant contained herein in any respect, the fact that there exists another
representation, warranty or covenant relating to the same subject matter (regardless of the relative levels of specificity) which such
Party has not breached will not detract from or mitigate the fact that such Party is in breach of the first representation, warranty,
or covenant.

 

(o) Waiver.
No waiver by any Party of any default, misrepresentation, or breach of warranty or covenant hereunder, whether intentional or not, may
be deemed to extend to any prior or subsequent default, misrepresentation, or breach of warranty or covenant hereunder or affect in any
way any rights arising because of any prior or subsequent occurrence.

 

(p) Confidentiality.
Except as may be required by law, regulation or applicable stock exchange listing requirements, unless and until the transactions contemplated
hereby and the terms hereof are publicly announced or otherwise publicly disclosed by Parent, the Parties shall keep confidential and
shall not publicly disclose the existence or terms of this Agreement.

 

[Signature page follows]

 

    7

     

    

 

IN WITNESS WHEREOF,
the undersigned have executed this Agreement to be effective as of the date first set forth above.

 

	 	ABRI SPAC I, INC. 
	 	 	 
	 	By:	               
	 	Name: 	Jeffrey Tirman
	 	Title:	Chief Executive Officer

 

	 	_________________________
	 	 	 
	 	 	                                             
	 	Name: 	 

 

[Signature Page to Management Earnout Agreement]

 

     

     

    

 

Exhibit A

Management Members

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[Signature Page to Management Earnout Agreement]

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