Document:

MIMVI, INC.

 

COMMON STOCK AND WARRANT PURCHASE AGREEMENT

 

This COMMON STOCK AND WARRANT PURCHASE AGREEMENT
(this “Agreement”) is made as of the ___ day of ______, 20___, between MIMVI, Inc., a Nevada corporation (the “Company”),
and ____________________ (the “Purchaser”).

 

Recitals

 

WHEREAS, the Company desires to sell and
issue to the Purchaser, and the Purchaser desires to purchase from the Company, _______ shares of the Company’s common stock,
$.001 par value per share (the “Shares”) and a warrant exercisable for ________ shares of the Company’s
common stock at an exercise price of $_______ per share (the “Warrant” and together with the Shares, the “Securities”)
for an aggregate purchase price of $_______.

 

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

 

Terms of Agreement

 

1.Defined
Terms. The terms defined in this Section 1 and parenthetically elsewhere in this Agreement shall have such defined meaning
throughout this Agreement.

 

1.1“Agreement”
means this Common Stock and Warrant Purchase Agreement.

 

1.2“Closing”
has the meaning set forth in Section 2.3(a).

 

1.3“Closing Date”
has the meaning set forth in Section 2.3(a).

 

1.4“Common Stock”
means the common stock, $.001 par value, of the Company.

 

1.5“Company”
means Mimvi, Inc., a Nevada corporation.

 

1.6“Escrow Agent”
means The Crone Law Group.

 

1.7“Intellectual
Property” means (a) all patents, patent applications and patent disclosures, together with all reissuances, continuations,
continuations-in-part, revisions, extensions and reexaminations thereof, (b) all trademarks, service marks, trade dress, logos,
trade names and corporate names, together with all translations, adaptations, derivations and combinations thereof and including
all goodwill associated therewith, and all applications, registrations and renewals in connection therewith, (c) all copyrightable
works, all copyrights and all applications, registrations and renewals in connection therewith, (d) trade secrets and confidential
business information, (e) all other proprietary rights, and (f) all copies and tangible embodiments thereof (in whatever form or
medium).

 

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1.8“Lien”
means, with respect to any property or asset (whether tangible or intangible), any mortgage, lien, pledge, charge, security interest,
encumbrance, or other adverse claim of any kind in respect of such property or asset.

 

1.9“Material Adverse
Effect” means any material adverse change in, or material adverse effect on, the business, assets, prospects, results
of operations, value, financial or other condition of the Company, or any event or circumstance that could reasonably be expected
to have any such effect or that could reasonably be expected to prevent, hinder or delay the consummation of any of the transactions
contemplated by the Agreement.

 

1.10“Person”
means an individual, corporation, partnership, limited liability company, association, trust, or other entity or organization,
including a government or political subdivision or an agency or instrumentality thereof.

 

1.11“SEC”
means the Securities Exchange Commission.

 

1.12“Securities”
has the meaning set forth in the recitals hereto.

 

1.13“Securities Act”
means the Securities Act of 1933, as amended.

 

1.14 “Shares”
has the meaning set forth in the recitals hereto.

 

1.15“Taxes”
means any federal, state, local, or foreign income, gross receipts, franchise, estimated, alternative minimum, add-on minimum,
sales, use, transfer, registration, value added, excise, severance, stamp, occupation, premium, windfall profit, customs, duties,
real property, personal property, capital stock, intangibles, social security, unemployment, disability, payroll, license, employee,
or other tax or levy, of any kind whatsoever, including any interest, penalties, or additions to tax in respect of the foregoing.

 

1.16“Warrant”
has the meaning set forth in the recitals hereto.

 

1.17“Warrant Shares”
means the shares of Common Stock issuable upon exercise of the Warrant.

 

2.Purchase
and Sale of Shares.

 

2.1Authorization. On
or prior to the Closing (as defined herein), the Company shall have authorized: (i) the sale and issuance to the Purchaser of the
Securities; and (ii) the sale and issuance of the Warrant Shares.

 

2.2Sale and Issuance.
Subject to the terms and conditions set forth in this Agreement, the Purchaser agrees to purchase at the Closing, and the Company
agrees to sell and issue to the Purchaser at the Closing, __________ shares of the Company’s Common Stock at a purchase price
of $______ per share, and Warrants to purchase _________ shares of Common Stock at a purchase of $____ per Warrant Share for the
aggregate purchase price of $_________. Payment of the purchase price for the Shares and the Warrants will be made by the Purchaser
by wire transfer in same day funds.

 

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2.3Closings; Delivery of
Certificates.

 

(a)Closing. The purchase and sale
of the Securities (the “Closing”) shall take place on or before _______ __, 20___ (the “Closing Date”),
at the offices of The Crone Law Group, 101 Montgomery Street, Suite 2650, San Francisco, CA 94104, or at such other time and place
mutually agreeable to the Company and the Purchaser. At the Closing, the Purchaser shall purchase from the Company, and the Company
shall issue and sell to the Purchaser, the Shares and the Warrant for the purchase price of $_________ (the “Purchase Price”).
Purchaser will deposit the Purchase Price with The Crone Law Group (the “Escrow Agent”).

 

(b)Delivery. At the Closing, the
Company shall deliver to the Purchaser a certificate, registered in the name the Purchaser, representing the Shares that the Purchaser
is purchasing and the Warrant registered in the name of the Purchaser.

 

3.Representations
and Warranties of the Company. The Company hereby represents and warrants to, and covenants with, the Purchaser that except
as set forth in a separate disclosure schedule:

 

3.1Organization, Good Standing
and Qualification. The Company is a corporation duly organized, validly existing and in good standing under the laws of the
State of Nevada and has all requisite corporate power and authority to own and operate its properties and to carry on its business
as now conducted and as proposed to be conducted. The Company is duly qualified to transact business and is in good standing in
each jurisdiction in which qualification is required, except where the failure to so qualify, individually or in the aggregate,
would not have a Material Adverse Effect.

 

3.2Authorization. The
Company has the requisite corporate power and authority to enter into and to consummate the transactions contemplated by this Agreement
and otherwise to carry out its obligations hereunder or thereunder. The execution and delivery of this Agreement by the Company
and the consummation by it of the transactions contemplated hereby or thereby have been duly authorized by all necessary action
on the part of the Company and no further consent or action is required by the Company other than Required Approvals. This Agreement
has been (or upon delivery will be) duly executed by the Company and, when delivered in accordance with the terms hereof, will
constitute the valid and binding obligation of the Company enforceable against the Company in accordance with its terms, subject
to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar laws affecting creditors’
rights and remedies generally and general principles of equity.

 

3.3No Conflicts. The
execution, delivery and performance of this Agreement by the Company and the consummation by the Company of the transactions contemplated
thereby do not and will not: (i) conflict with or violate any provision of the Company’s articles of incorporation, bylaws
or other organizational or charter documents, or (ii) subject to obtaining the Required Approvals, conflict with, or constitute
a default (or an event that with notice or lapse of time or both would become a default) under, or give to others any rights of
termination, amendment, acceleration or cancellation (with or without notice, lapse of time or both) of, any agreement, credit
facility, debt or other instrument (evidencing a Company debt or otherwise) or other understanding to which the Company is a party
or by which any property or asset of the Company is bound or affected, or (iii) result, in a violation of any law, rule, regulation,
order, judgment, injunction, decree or other restriction of any court or governmental authority to which the Company is subject
(including federal and state securities laws and regulations), or by which any property or asset of the Company is bound or affected;
except in the case of each of clauses (ii) and (iii), such as has not had or could not reasonably be expected to result in a Material
Adverse Effect.

 

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3.4Valid Issuance of Shares
and Warrant Shares. The Securities and the Warrant Shares have been duly authorized and, when issued, sold and delivered in
accordance with the terms of this Agreement for the consideration set forth herein, and with respect to the Warrant Shares, when
issued, sold and delivered in accordance with the terms of the Warrant for the consideration set forth in the Warrant, will be
duly and validly issued, fully paid, and nonassessable and free of all Liens and restrictions on transfer other than the restrictions
on transfer contained in this Agreement.

 

3.5Offering. Subject
in part to the truth and accuracy of the Purchaser’s representations set forth in Section 4 of this Agreement, the
offer, sale and issuance of the Securities and the Warrant Shares will be exempt from the registration requirements of the Securities
Act, and are exempt from registration and qualification under the registration, permit or qualification requirements of all applicable
securities laws of any state of the United States.

 

3.6SEC Reports; Financial
Statements. The Company has filed all reports required to be filed by it under the Securities Act and the Exchange Act, including
pursuant to Section 13(a) or 15(d) thereof, for the two years preceding the date hereof (or such shorter period as the Company
was required by law to file such material) (the foregoing materials being collectively referred to herein as the “SEC Reports”).
The Company has identified and made available to the Purchaser a copy of all such SEC Reports. As of their respective dates, the
SEC Reports complied in all material respects with the requirements of the Securities Act and the Exchange Act and the rules and
regulations of the Commission promulgated thereunder, and none of the SEC Reports, when filed, to the knowledge of the Company,
contained any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary
in order to make the statements therein, in light of the circumstances under which they were made, not misleading. The financial
statements of the Company included in the SEC Reports comply in all material respects with applicable accounting requirements and
the rules and regulations of the Commission with respect thereto as in effect at the time of filing. Such financial statements
have been prepared in accordance with generally accepted accounting principles applied on a consistent basis during the periods
involved (“GAAP”), except as may be otherwise specified in such financial statements or the notes thereto, and fairly
present in all material respects the financial position of the Company as of and for the dates thereof and the results of operations
and cash flows for the periods then ended, subject, in the case of unaudited statements, to normal, immaterial, year-end audit
adjustments.

 

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3.7Internal Accounting
Controls. The Company maintains a system of internal accounting controls sufficient to provide reasonable assurances that (i)
transactions are executed in accordance with management’s general or specific authorization; (ii) transactions are recorded
as necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain
accountability for assets; (iii) access to assets is permitted only in accordance with management’s general or specific authorization;
and (iv) the recorded accountability for assets is compared with existing assets at reasonable intervals and appropriate action
is taken with respect to any differences.

 

3.8Litigation. There
is no action, suit, inquiry, notice of violation, proceeding or investigation pending or, to the knowledge of the Company, threatened
against or affecting the Company, or any of its properties before or by any court, arbitrator, governmental or administrative agency
or regulatory authority (federal, state, county, local or foreign) (collectively, an “Action”) which: (i) adversely
affects or challenges the legality, validity or enforceability of any of this Agreement or the Securities, or (ii) could reasonably
be expected to result in a Material Adverse Effect. Neither the Company, nor any director or officer thereof, is or has been the
subject of any Action involving a claim of violation of or liability under federal or state securities laws or a claim of breach
of fiduciary duty that has had or could reasonably be expected to result in a Material Adverse Effect. There has not been, and
to the knowledge of the Company, there is not pending or contemplated, any investigation by the Commission involving the Company
or any current or former director or officer of the Company that has had or could reasonably be expected to result in a Material
Adverse Effect.

 

3.9Permits. The Company
has all franchises, permits, certificates, licenses and other authorizations from such federal, state or local government or governmental
agency, department or body that are necessary for the conduct of each its business as now being conducted by it and as contemplated
to be conducted by it, other than those, the lack of which, would have a Material Adverse Effect. The Company is not in default
in any material respect under any of such franchises, certificates, licenses and other authorizations. The Company has not received
notice of any proceedings relating to the revocation or modification of any such permit that, if the subject of an unfavorable
decision, ruling or finding, could reasonably be expected to have a Material Adverse Effect.

 

3.10Disclosure. The
Company has provided the purchaser with all the information that such Purchaser has requested for deciding whether to purchase
the Securities.

 

3.11Corporate Documents.
The Articles and Bylaws of the Company are in the form previously provided to the Purchaser.

 

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3.12Tax Returns, Payments
and Elections.

 

(a)The Company has timely filed, or timely
filed for an extension which extension has not lapsed, all Tax Returns required to be filed by it, each such Tax Return has been
prepared in compliance with all applicable laws and regulations, and all such Tax Returns are true and accurate in all respects.
All Taxes due and payable by the Company have been paid. The Company has received no claim by a taxing authority in a jurisdiction
where the Company does not pay Taxes or file Tax Returns that the Company is, or may be subject to, Taxes assessed by such jurisdiction.
There are no Liens for Taxes (other than current Taxes not yet due and payable) on the assets of the Company. All tax liabilities
accrued through the date hereof have been adequately provided for on the books of the Company.

 

(b)There is no action, suit, taxing authority
proceeding, or audit with respect to any Tax now in progress, pending, or to the Company’s knowledge, threatened, against
or with respect to the Company. No deficiency or proposed adjustment in respect of Taxes, that has not been settled or otherwise
resolved, has been asserted or assessed by any taxing authority against the Company. The Company has not consented to extend the
time in which any Tax may be assessed or collected by any taxing authority.

 

(c)The Company has withheld and paid all
Taxes required to have been withheld and paid by it in connection with amounts paid or owing to any employee, creditor, independent
contractor, or other Person, except where the failure would not cause a Material Adverse Effect.

 

3.13Intellectual Property.
No claims have been asserted against the Company by any person with respect to the use of any such Intellectual Property or challenging
or questioning the validity or effectiveness of any such Intellectual Property.

 

3.14Investment Company.
The Company is not an “investment company” or an “affiliated person” of, or “promoter” or “principal
underwriter” for an investment company, within the meaning of the Investment Company Act of 1940, as amended, and the rules
and regulations of the Commission promulgated thereunder.

 

3.15Foreign Corrupt Practices.
The Company, nor to the knowledge of the Company, any director, officer, agent, employee or other Person acting on behalf of the
Company has, in the course of its actions for, or on behalf of, the Company (i) used any corporate funds for any unlawful contribution,
gift, entertainment or other unlawful expenses relating to political activity; (ii) made any direct or indirect unlawful payment
to any foreign or domestic government official or employee from corporate funds; (iii) violated or is in violation of any provision
of the U.S. Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any unlawful bribe, rebate, payoff, influence payment,
kickback or other unlawful payment to any foreign or domestic government official or employee.

 

3.16Full Disclosure.
No representation or warranty of the Company made in this Agreement, including any schedules or exhibits hereto or thereto, nor
any written statement furnished by the Company to the Purchaser pursuant hereto, or in connection with the transactions contemplated
hereby, contains or will contain any untrue statement of a material fact or omits or will omit to state a material fact necessary
to make the statements or facts contained herein or therein not misleading. There is no fact or information known to the Company
which the Company has not disclosed to the Purchaser in writing which the Company presently believes has or could have a Material
Adverse Effect other than any changes in the prospects of the Company which result from developments affecting general economic
or industry conditions.

 

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4.Representations
and Warranties of the Purchaser. The Purchaser hereby represents and warrants that:

 

4.1Organization; Validity;
Enforcements. The Purchaser has power, authority and capacity to enter into this Agreement and to consummate the transactions
contemplated hereby and has taken all necessary action to authorize the execution, delivery and performance of this Agreement,
(ii) the making and performance of this Agreement by the Purchaser and the consummation of the transactions herein and therein
contemplated will not violate any provision of the organizational documents of the Purchaser or conflict with, result in the breach
or violation of, or constitute, either by itself or upon notice or the passage of time or both, a default under any material agreement,
mortgage, deed of trust, lease, franchise, license, indenture, permit or other instrument to which the Purchaser is a party, or
any statute or any authorization, judgment, decree, order, rule or regulation of any court or any regulatory body, administrative
agency or other governmental agency or body applicable to the Purchaser, (iii) no consent, approval, authorization or other order
of any court, regulatory body, administrative agency or other governmental agency or body is required on the part of the Purchaser
for the execution and delivery of this Agreement or the consummation of the transactions contemplated by this Agreement, (iv) upon
the execution and delivery of this Agreement, this Agreement shall constitute a legal, valid and binding obligation of the Purchaser,
enforceable in accordance with their terms, except (a) as limited by applicable bankruptcy, insolvency, reorganization, moratorium
and other laws of general application affecting enforcement of creditors’ rights generally, and (b) as limited by laws relating
to the availability of specific performance, injunctive relief or other equitable remedies, and (v) there is not in effect any
order enjoining or restraining the Purchaser from entering into or engaging in any of the transactions contemplated by this Agreement.

 

4.2Purchase Entirely for
Own Account. The Securities are being acquired for investment for such Purchaser’s own account, not as a nominee or agent
and not with a view to the resale or distribution of any part thereof.

 

4.3Investment Experience.
Purchaser understands that the purchase of the Securities involves substantial risk. It is an investor in securities of companies
in the developmental stage and acknowledges that it can bear the economic risk of its investment and has such knowledge and experience
in financial or business matters that it is capable of evaluating the merits and risks of its investment in the Securities. If
other than an individual, Purchaser also represents it has not been organized for the purpose of acquiring the Securities. The
Purchaser has undertaken an independent analysis of the merits and the risks of an investment in the Securities, based on the Purchaser’s
own financial circumstances.

 

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4.4No General Solicitation.
Purchaser acknowledges that it has not seen, received, been presented with, or been solicited by any leaflet, public promotional
meeting, newspaper or magazine article or advertisement, radio or television advertisement, or any other form of advertising or
general solicitation with respect to the Securities.

 

4.5Accredited Purchaser.
It is an “accredited investor” within the meaning of SEC Rule 501 of Regulation D, as presently in effect and Purchaser
has completed and executed the Investor Questionnaire previously provided to the Purchaser.

 

4.6Restricted Securities.
It understands that the Securities are characterized as “restricted securities” under the federal securities laws inasmuch
as they are being acquired from the Company in a transaction not involving a public offering and that under such laws and applicable
regulations such securities may be resold without registration under the Act only in certain limited circumstances. In this connection,
such Purchaser represents that it is familiar with SEC Rule 144, as presently in effect, and understands the resale limitations
imposed thereby. The Purchaser will not, directly or indirectly, offer, sell, pledge, transfer or otherwise dispose of (or solicit
any offers to buy, purchase or otherwise acquire or take a pledge of) any of the Securities, nor will the Purchaser engage in any
short sale that results in a disposition of any of the Securities by the Purchaser, except in compliance with the Securities Act
and the rules and regulations promulgated thereunder and any applicable state securities law.

 

4.7Consultation With Own
Attorney. Such Purchaser has been advised to consult with its own attorney or attorneys regarding all legal matters concerning
an investment in the Company and the tax consequences of purchasing the Securities, and has done so, to the extent the Purchaser
considers necessary.

 

4.8Tax Consequences.
Such Purchaser acknowledges that the tax consequences of investing in the Company will depend on particular circumstances, and
neither the Company, the Company’s officers, any other investors, nor the partners, shareholders, members, managers, agents,
officers, directors, employees, affiliates or consultants of any of them, will be responsible or liable for the tax consequences
to Purchaser of an investment in the Company. Such Purchaser will look solely to and rely upon its own advisers with respect to
the tax consequences of this investment.

 

4.9Information Provided
by Purchaser. All information which such Purchaser has provided to the Company concerning such Purchaser, its financial position
and its knowledge of financial and business matters, and any information found in the Investor Questionnaire provided to the Company
by the Purchaser, is truthful, accurate, correct, and complete as of the date set forth herein.

 

4.10Legends. The Purchaser
understands that until such time as the Shares and Warrant Shares may be sold pursuant to Rule 144 under the Securities Act without
any restriction as to the number of securities as of a particular date that can then be immediately sold, the Shares, the Warrants
and the Warrant Shares will bear a restrictive legend in substantially the following form:

 

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4.11“NEITHER THESE SECURITIES
NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE OR EXERCISABLE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED.
THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF A REGISTRATION STATEMENT IN EFFECT WITH RESPECT
TO THE SECURITIES UNDER SUCH ACT OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED UNDER
SUCH ACT OR APPLICABLE STATE SECURITIES LAWS OR UNLESS SOLD PURSUANT TO RULE 144 OF SUCH ACT.”

 

4.12Reliance on Exemptions.
The Purchaser understands that the Securities are being offered and sold to it in reliance upon specific exemptions from the registration
requirements of the Securities Act, the rules and regulations promulgated thereunder and state securities laws and that the Company
is relying upon the truth and accuracy of, and the Purchaser’s compliance with, the representations, warranties, agreements,
acknowledgments and understandings of the Purchaser set forth herein in order to determine the availability of such exemptions
and the eligibility of the Purchaser to acquire the Securities.

 

4.13No Government Review.
The Purchaser understands that no United States federal or state agency or any other government or governmental agency has passed
upon or made any recommendation or endorsement of the Securities.

 

5.Miscellaneous.

 

5.1Survival of Warranties.
The warranties, representations and covenants of the Company and the Purchaser contained in or made pursuant to this Agreement
shall survive the execution and delivery of this Agreement and the Closing.

 

5.2Fees and Expenses.
Each party shall pay the fees and expenses of its advisers, counsel, accountants and other experts, if any, and all other expenses
incurred by such party incident to the negotiation, preparation, execution, delivery and performance of this Agreement.

 

5.3Successors and Assigns.
Except as otherwise provided herein, This Agreement shall be binding upon and inure to the benefit of the parties and their successors
and permitted assigns.

 

5.4No Third-Party Beneficiaries.
This Agreement is intended for the benefit of the parties hereto and their respective successors and permitted assigns and is not
for the benefit of, nor may any provision hereof be enforced by, any other Person.

 

5.5Governing Law; Venue;
Waiver of Jury Trial. All questions concerning the construction, validity, enforcement and interpretation of this Agreement
shall be exclusively governed by and construed and enforced in accordance with the internal laws of the State of California, without
regard to the principles of conflicts of law thereof. Each party hereby irrevocably submits to the exclusive jurisdiction of the
state and federal courts sitting in the City and County of San Francisco for the adjudication of any dispute hereunder or in connection
herewith or with any transaction contemplated hereby or discussed herein (including with respect to the enforcement of this Agreement),
and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally
subject to the jurisdiction of any such court, that such suit, action or proceeding is improper or inconvenient venue for such
proceeding. Each party hereby irrevocably waives personal service of process and consents to process being served in any such suit,
action or proceeding by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of delivery)
to such party at the address in effect for notices to it under this Agreement and agrees that such service shall constitute good
and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to
serve process in any manner permitted by law. The parties hereby waive all rights to a trial by jury. If either party shall commence
an action or proceeding to enforce any provisions of this Agreement, then the prevailing party in such action or proceeding shall
be reimbursed by the other party for its attorney’s fees and other costs and expenses incurred with the investigation, preparation
and prosecution of such action or proceeding.

 

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5.6Execution. This
Agreement may be executed in two or more counterparts, all of which when taken together shall be considered one and the same agreement
and shall become effective when counterparts have been signed by each party and delivered to the other party, it being understood
that both parties need not sign the same counterpart. In the event that any signature is delivered by facsimile transmission, such
signature shall create a valid and binding obligation of the party executing (or on whose behalf such signature is executed) with
the same force and effect as if such facsimile signature page were an original thereof.

 

5.7Titles and Subtitles.
The titles and subtitles used in this Agreement are used for convenience only and are not to be considered in construing or interpreting
this Agreement.

 

5.8Amendments and Waivers.
No provision of this Agreement may be waived or amended except in a written instrument signed, in the case of an amendment, by
the Company and the Purchaser or, in the case of a waiver, by the party against whom enforcement of any such waiver is sought.
No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing
waiver in the future or a waiver of any subsequent default or a waiver of any other provision, condition or requirement hereof,
nor shall any delay or omission of either party to exercise any right hereunder in any manner impair the exercise of any such right.

 

5.9Severability. If
one or more provisions of this Agreement are held to be unenforceable under applicable law, such provision shall be excluded from
this Agreement and the balance of the Agreement shall be interpreted as if such provision were so excluded and shall be enforceable
in accordance with its terms.

 

5.10Entire Agreement.
This Agreement and the documents referred to herein constitute the entire agreement and understanding among the parties hereto
and supersede all prior negotiations and agreements, whether oral or written.

 

***

 

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IN WITNESS WHEREOF, the parties hereto have
caused this Common Stock and Warrant Purchase Agreement to be duly executed by their respective authorized signatories as of the
date first indicated above.

 

	 	MIMVI, INC.

	 	 	 
	 	 	 
	 	By:	 
	 	Name of Officer

 

Print or Type:

	 	 
	 	Name of Purchaser
 (Individual or Institution)
	 	 
	 	
        Jurisdiction of Purchaser’s Executive Offices

         

	 	 
	 	
        Name of Individual representing

        Purchaser (if an Institution)

         

	 	 
	 	Title of Individual representing
 Purchaser (if an Institution)

Signature by:

	 	Individual Purchaser or Individual
 representing Purchaser:
	 	 
	 	Address:	 
	 	Telephone:	 
	 	Facsimile:	 
	 	E-mail:	 

 

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EXHIBIT A

 

FORM OF WARRANT

 

    	122011 Senior Executive Incentive Plan

 

 

Background and Objectives

 

The overall executive compensation strategy of The Edelman Financial
Group Inc. (formerly Sanders Morris Harris Group Inc.) (“TEFG” or the “Company”) is to provide
key executives with targeted total cash pay opportunities that generally are competitive with median total cash pay opportunities
in wealth and asset management companies of similar size. The two primary elements of the TEFG cash compensation program are base
salary and the 2011 Senior Executive Incentive Plan (the “Plan” or “SEIP”). TEFG base salaries
are designed to be broadly competitive with industry standards and are used to reward an executive’s job performance over
time. All awards under the Plan are determined and awarded at the sole discretion of the Compensation Committee of the TEFG Board
of Directors (the “Committee”).

 

The Plan provides annual incentive compensation opportunity
for key executives for achieving critical financial and other goals of and for TEFG. The following document defines Plan eligibility,
the size of potential award opportunities, performance measurement and adjustments, form and timing of award payments, administrative
guidelines, and definitions for ongoing Plan management.

 

The Plan does not include potential equity-based awards, which
are covered by the Company’s separate Restricted Stock Unit Plan a sub-plan under the TEFG Long-Term Incentive Plan.

 

Capitalized terms that are used but not defined in the Plan
shall have the meaning ascribed to them in the TEFG Long-Term Incentive Plan.

 

Eligibility

 

Employees who are eligible to participate in the Plan (“Participants”)
will be proposed by the Chairman of the Board, Chief Executive Officer, President, and Chief Financial Officer of the Company (the
“Plan Committee”) and approved by the Compensation Committee at the beginning of each performance/award period.
Generally, Participants will be selected from senior executives who primarily are responsible for the annual growth and profitability
of TEFG, i.e., generally members of the Company’s Management Committee. For 2011, seven senior officers and executives are
proposed as Participants.

 

Targeted Award Opportunities

 

At the beginning of each fiscal year, each Participant will
be assigned a targeted award opportunity proposed by the Plan Committee and approved by the Committee that can increase or decrease
in value, based on actual performance achievement. Targeted award opportunities for Participants for 2011 are shown in Exhibit
1. Plan targeted award opportunities may be re-defined from time to time by the Plan Committee, as modifications are made in
TEFG’s executive compensation strategy.

 

On or before March 31, 2012, (a) each Participant’s salary
rate at December 31, 2011, will be multiplied by his or her actual SEIP award percentage earned (determined by applying the performance
measures set forth below) to determine a provisional award and (b) the provisional award will be adjusted by the ROE adjustment
(determined as set forth below), to determine the dollar value of the award for the prior performance cycle.

 

Performance Measures

 

Four Plan financial performance measures, totaling 80% by weight
of all performance measures, are proposed for the 2011 performance period, as follows:

 

		·	Adjusted
                                                                                                                                                                              cash
                                                                                                                                                                              flow
                                                                                                                                                                              from
                                                                                                                                                                              operations1
                                                                                                                                                                              (“ACF”)
                                                                                                                                                                              —
                                                                                                                                                                              weighted
                                                                                                                                                                              30%
                                                                                                                                                                              (target
                                                                                                                                                                              —
                                                                                                                                                                              110%
                                                                                                                                                                              of
                                                                                                                                                                              2010
                                                                                                                                                                              ACF).

		·	Client
                                                                                                                                                                                investment
                                                                                                                                                                                results
                                                                                                                                                                                —
                                                                                                                                                                                weighted
                                                                                                                                                                                20%
                                                                                                                                                                                (target
                                                                                                                                                                                —
                                                                                                                                                                                change
                                                                                                                                                                                in
                                                                                                                                                                                adjusted
                                                                                                                                                                                60/402
                                                                                                                                                                                in
                                                                                                                                                                                2011).

		·	Net new client money — weighted 20% (target— 4%
increase over 2010 year-end client assets).

		·	Expenses adjusted for non-recurring and extraordinary items as
a percentage of revenue — weighted 10% (target — no greater than 2010

 

 

	1	
        Cash flow from operations will be adjusted by excluding
        from the calculation any cash flow items related to (a) discontinued operations of the Company, (b) marketable securities owned,
        (c) securities sold, not yet purchased, and (d) other non-recurring and extraordinary items.

        

	2	Investment performance of portfolio invested 60% in Standard & Poors 500 Index and 40% in Barclay’s Capital U.S. Aggregate Bond Index from January 1, 2011 to December 31, 2011, less 50 basis points.

 

    	 

    	 

    
 

	Sanders Morris Harris Group	Page 2  of 7
	2011 Executive Incentive Plan	 

 

The Plan performance targets will be proposed by the Plan Committee
and approved by the Committee as soon as possible after the beginning of each fiscal year.

 

The final 20% portion of the performance measures will be determined
on a discretionary basis by the Committee for the Chief Executive Officer and by the Plan Committee for the other Participants
and will be based on the degree to which the executive has mastered the primary duties and responsibilities of his or her present
job.

 

TEFG performance calculations for the Plan shall exclude nonrecurring
and extraordinary items, which are defined at the sole discretion of the Committee. Performance goals for SEIP awards may be adjusted
during the year if a major change occurs in the Company’s operations or capital structure, e.g., an acquisition or merger.
In addition to the SEIP targets, the Committee and the Plan Committee jointly will establish minimum acceptable and outstanding
Plan goals, which are currently as follows:

 

		·	Minimum Acceptable — The TEFG performance level at or
below which no incentive will be paid is 75% of the SEIP performance measure target;

		·	Target — The TEFG performance
level where the Plan adjustment factor is 1X, with “X” equal to the target incentive, is 100% of the SEIP performance
measure target; and

		·	Outstanding — The TEFG performance level at or above
which the Plan adjustment factor is 2X, with “X” equal to the target incentive is 125% of the SEIP performance
measure target.

 

SEIP awards will be interpolated for actual performance falling
closest to the nearest 5% increment between any of the foregoing goals.

 

Exhibit 2 presents the performance matrix for calculating
SEIP awards. This performance matrix may be revised by the Plan Committee with approval of the Committee if the Company’s
business strategy and performance focus changes.

 

ROE Adjustment

 

The provisional SEIP awards as determined
above will be adjusted depending on the ratio of the Company’s net income from continuing operations before income taxes
to average total equity (i.e., net income from continuing operations before income taxes divided by average total equity, the return
on equity or “ROE”); provided that net income may exclude extraordinary items (including, but not limited to,
goodwill impairment charges, expenses related to growth and acquisition activities, and other extraordinary charges) as determined
by the Plan Committee, and average total equity will be the average of total equity at December 31, 2010 and December 31, 2011.
If ROE is less than 5.0%, the grant of SEIP awards will be purely in the discretion of the Plan Committee. If ROE is equal to or
greater than 5.0% but less than 12.5%, SEIP awards will be paid at the percentage shown below applied to each individual’s
provisional award but only up to a maximum of 100% of an individual’s targeted award opportunity. Only if ROE equals or exceeds
12.5% may SEIP awards be paid at levels above 100% of the targeted award opportunities.

 

    	 

    	 

    
 

	Sanders Morris Harris Group	Page 3  of 7
	2011 Executive Incentive Plan	 

 

 

	ROE	    Maximum % of Provisional Award
	12.5% or greater	No Limit
	10.0%, but less than 12.5%	100.0%3
	9.0%, but less than 10.0%	90.0%3
	8.0%, but less than 9.0%	80.0%3
	7.0%, but less than 8.0%	70.0%3
	6.0%, but less than 7.0%	60.0%3
	5.0%, but less than 6.0%	50.0%3
	less than 5.0%	Discretionary

 

SEIP award adjustments will be interpolated for actual ROE falling
closest to the nearest 0.1% increment between any of the foregoing goals for ROE falling in the 5% to 10% range.

 

Form and Timing of Awards

 

SEIP award calculations will be finalized on or before Mach
30, 2012. All SEIP awards will be paid in cash in quarterly installments in the year immediately following a performance cycle,
as follows:

 

		·	50% of the final award on March 31, 2012

		·	25% of the final award on August 15, 2012

		·	25% of the final award on November 30, 2012

 

In no event will any payment of an award be made subsequent
to December 31, 2012.

 

In the case of a Change in Control (as defined in the Company’s
Long-Term Incentive Plan) prior to November 30, 2012, all SEIP awards shall be paid in cash on the effective date of such Change
in Control. Notwithstanding the foregoing, if and to the extent that any provision of this Plan or an award would cause a payment
of deferred compensation that is subject to Section 409A(a)(2) of the Internal Revenue Code of 1986, as amended (the “Code”),
to be made upon the occurrence of a “Change in Control,” then such payment shall not be made unless such “Change
in Control” satisfies the requirements of Section 409A(2)(A)(v) of the Code and applicable regulations and rulings thereunder.

 

 

Administrative Guidelines and Definitions

The Plan operates at the discretion
of the Committee. The Committee may exercise considerable discretion and judgment in interpreting the Plan, and adopting, from
time to time, rules and regulations that govern the administration of the Plan. Once the Compensation Committee approves
Plan participants, award targets, and performance goals, the Plan Committee is delegated authority to administer the Plan. All
decisions of the Committee and the Plan Committee are final, conclusive, and binding on all parties,
including the Company, its stockholders, and employees.

 

		·	Employee Termination — 

 

Termination during 2011. Except as expressly set forth
below, in the event a Participant’s employment with TEFG terminates for any reason prior to the end of the workday on December 31,
2011, such Participant will be ineligible for any award under the Plan. In other words, if a Participant is employed according
to Company records through the end of the workday on December 31, 2011, the Participant will, subject to the following provisions,
be eligible for any award earned under the Plan for 2011.

    

Any Participant (or his or her estate) who ceases to be employed
by the Company prior to January 1, 2012, due to the Participant’s death, Disability, or Retirement (as such terms are
defined in the TEFG Long-Term Incentive Plan), subject to the Participant’s execution of a waiver and release of claims in
a form and manner satisfactory to the Company, will be eligible to receive a SEIP award based on an adjusted annual base salary
amount, but otherwise in the same manner, to the same extent, and at the same time as the Participant would have received such
SEIP award if such Participant’s employment had continued through December 31, 2011 (i.e., based on achievement
of applicable performance measures). The Participant’s annual base salary will be the result of the following formula: X
× Y/12, where:

 

 

 

3      %
of Target Award Earned (Exhibit 2) may not exceed 100%.

 

    	 

    	 

    
  

	Sanders Morris Harris Group	Page 4 of 7
	2011 Executive Incentive Plan	 

 

X = the Participant’s annual base
salary as in effect as of the date of termination of employment; and

Y = the number of calendar
months the Participant was actively employed by the Company during 2011, rounded up for any partial month.

 

Termination on or after January 1, 2012.  Except
as expressly set forth below, a Participant who ceases to be employed by TEFG for any reason on or after January 1, 2012, will
forfeit any unpaid SEIP award. Any Participant (or his or her estate) who ceases to be employed by the Company subsequent to December
31, 2011, but prior to November 30, 2012, due to the Participant’s death, Disability, or Retirement, subject to the Participant’s
execution of a waiver and release of claims in a form and manner satisfactory to the Company, will be eligible to be paid all unpaid
SEIP awards in the same manner, to the same extent, and at the same time as the Participant would have been paid such SEIP awards
if such Participant’s employment had continued through November 30, 2012.

 

		·	New Hires — Employees must have a minimum of six months
of service to be eligible for an award, unless waived by the Plan Committee. SEIP awards for new hires are earned on a pro-rata
basis, based on their date of employment. 

		·	Base Salary Rate — Base salary for SEIP award calculations
shall be the annualized base rate in effect on December 31, 2011.

		·	Support Documentation — The Chief Financial Officer of
the Company shall be responsible for maintaining all necessary support documentation regarding performance and bonus calculations
under the Plan.

 

Amendment

 

The Committee may at any time suspend,
terminate, modify, waive, or amend any or all of the provisions of this Plan; provided, however, that no such action shall,
without the written consent of the affected Participants, reduce the Company’s obligation for the payment of any outstanding
awards under the Plan with respect to such Participants, or further defer the payment of such awards, or accelerate the payment
of such awards in a manner that subjects such awards to the tax imposed under Section 409A of the
Code and the regulations thereunder (“Section 409A”).

 

Governing Law

 

The Plan is governed by the laws of the State of Texas.

 

Withholding Taxes

 

The Company has the right to make such provisions as it deems
necessary or appropriate to satisfy any obligations it may have under law to withhold federal, state or local income or other taxes
incurred by reason of payments pursuant to the Plan.

 

Section 409A

 

Notwithstanding anything to the contrary contained herein, this
Plan is intended to satisfy the requirements of Section 409A. Accordingly, all provisions herein, or incorporated by reference,
shall be construed and interpreted to satisfy the requirements of Section 409A. Further, for purposes of Section 409A, each payment
of compensation under this Agreement shall be treated as a separate payment of compensation.

 

Non-transferability of Awards

 

No award under this Plan, and no rights or interests therein,
will be assignable or transferable by a Participant (or legal representative).

 

Effective Date

 

This Plan is effective as of January 1, 2011, and continues
until terminated, suspended, modified, or amended by the Committee.

 

    	 

    	 

    

 

	Sanders Morris Harris Group	Page 5 of 7
	2011 Executive Incentive Plan	 

 

Exhibit 1

 

Proposed 2011 Participants and Award
Targets

 

 

	Title	Targeted Award
	Chairman	60% of SMH salary
	Chief Executive Officer	60% of SMH salary
	President (if not also CEO)	60% of SMH salary
	EVP Wealth Management 	80% of SMH salary
	Corporate Chief Financial Officer	50% of SMH salary
	EVP Corporate	50% of SMH salary
	EFS Chairman Chief Executive Officer	60% of EFS salary
	Chief Information Officer	50% of SMH salary
	EFS  Chief of Staff (w/Operations responsibility)	50% of EFS salary

 

    	 

    	 

    
 

	Sanders Morris Harris Group	Page 6 of 7
	2011 Executive Incentive Plan	 

 

Exhibit
2

Proposed 2011 Performance Goals and Weights

Versus Award Opportunity Earned

 

	Level of Performance Achievement	Adjusted Cash Flow from Operations	Client Investment Results	Net New Client Money	Expenses as Percentage of Revenue	%  of Target Award Earned	Discretionary
	 	 	 	 	 	 	 
	(Weight)	(30%)	(20%)	(20%)	(10%)	 	(20%)
	 	 	 	 	 	 	 
	Outstanding	125%	125%	125%	75%	200%	100%
	 	120%	120%	120%	80%	180%	
	 	115%	115%	115%	85%	160%
	 	110%	110%	110%	90%	140%
	 	105%	105%	105%	95%	120%
	Target	100%	100%	100%	100%	100%
	 	95%	95%	95%	105%	80%
	 	90%	90%	90%	110%	60%
	 	85%	85%	85%	115%	40%
	 	80%	80%	80%	120%	30%
	Min Acceptable	75%	75%	75%	125%	20%
	 	>75%	>75%	>75%	<125%	0%	0%

    	 

    	 

    
 

	Sanders Morris Harris Group	Page 7  of 7
	2011 Executive Incentive Plan	 

 

Exhibit 3

Sample Award Calculation

 

Assumptions:

Executive’s current salary is $200,000.

Targeted Plan award is 40% of salary or
80,000.

Targeted SMH performance goals achieved:

•110% of Cash Flow target, providing
140% of targeted award segment;

•100% of Client Investment Results
target, providing 100% of targeted award segment;

•90% of Net New Client Money target,
providing 60% of targeted award segment;

•90% of Expenses as Percentage
of Revenue target, providing 140% of targeted award segment; and

•Plan Committee awards 100% of
targeted amount based on personal goal achievement;

•ROE as adjusted is 9.1%.

 

Calculations:

Current Salary:$200,000

Incentive Target Percent:x .40 

Incentive Target Amount:$80,000

	 	 	 	 	 	 	 	 
	A.Component for SMH Cash Flow:	 	 	 	 	 	 
	        Incentive Target:	 	$80,000	 	 	 	 
	                Cash Flow Performance Adjustment: 	 	x 1.40	 	 	 	 
	                Non-weighted Cash Flow Allocation:	 	 	 	$112,000	 	 
	                Cash Flow Weighting:	 	 	 	    x .30 	 	 
	Weighted SMH Cash Flow Component:	 	 	 	 	 	$33,600
	 	 	 	 	 	 	 
	B.Component for Client Investment Results (CIR):	 	 	 	 	 	 
	        Incentive Target:	 	$80,000	 	 	 	 
	                CIR Performance Adjustment: 	 	x 1.00	 	 	 	 
	                Non-weighted CIR Allocation:	 	 	 	$80,000	 	 
	                CIR Weighting:	 	 	 	    x .20 	 	 
	Weighted CIR Component:	 	 	 	 	 	$16,000
	 	 	 	 	 	 	 
	C.Component for Net New Client Money:	 	 	 	 	 	 
	        Incentive Target:	 	$80,000	 	 	 	 
	                New Client Money Performance Adjustment: 	 	x .60	 	 	 	 
	                Non-weighted New Client Money Allocation:	 	 	 	$48,000	 	 
	                New Client Money Weighting:	 	 	 	    x .20 	 	 
	Weighted Net New Client Money Component:	 	 	 	 	 	$9,600
	 	 	 	 	 	 	 
	D.Component for Non-Recurring & Extraordinary Item (NREI) Expense Ratio:
	        Incentive Target:	 	$80,000	 	 	 	 
	                NREI Performance Adjustment: 	 	x 1.40	 	 	 	 
	                Non-weighted NREI Allocation:	 	 	 	$112,000	 	 
	                NREI Weighting:	 	 	 	    x .10 	 	 
	Weighted NREI Expense Ratio Component:	 	 	 	 	 	$11,200
	 	 	 	 	 	 	 
	E.Component for Personal Goal (PG) Achievement:
	        Incentive Target:	 	$80,000	 	 	 	 
	                PG Performance Adjustment: 	 	x 1.00	 	 	 	 
	                Non-weighted PG Allocation:	 	 	 	$80,000	 	 
	                PG Weighting:	 	 	 	    x .20 	 	 
	Weighted Personal Goal Component:	 	 	 	 	 	$16,000
	 	 	 	 	 	 	 
	F.Total Prospective Plan Award:	 	 	 	 	 	$86,400
	                Percent of Targeted Award Opportunity: 	 	 	 	 	 	108%
	 	 	 	 	 	 	 
	G.    ROE Adjustment:	 	 	 	 	 	 
	ROE, as adjusted 9.1%	 	 	 	 	 	 
	ROE Adjustment factor 91%	 	 	 	 	 	 
	        Total Plan Award, as adjusted:	 	($86,400/108% * 100%) * 91%	$72,800
	 	 	 	 	 	 	 
	H.    Payout Schedule:	 	 	 	 	 	 
	        First Installment on March 31, 2012	 	 	 	$36,400	 	 
	        Second Installment on August 15, 2012: 	 	 	 	$18,200	 	 
	        Third Installment on November 30, , 2012:	 	 	 	$18,200	 	 
	 	 	 	 	 	 	$72,800

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