Document:

THE
REGISTERED HOLDER OF THIS COMMON STOCK PURCHASE WARRANT BY ITS ACCEPTANCE HEREOF, AGREES THAT IT WILL NOT SELL, TRANSFER, OR ASSIGN
THIS COMMON STOCK PURCHASE WARRANT EXCEPT AS HEREIN PROVIDED AND THE REGISTERED HOLDER OF THIS COMMON STOCK PURCHASE WARRANT AGREES
THAT IT WILL NOT SELL, TRANSFER, ASSIGN, PLEDGE, OR HYPOTHECATE THIS COMMON STOCK PURCHASE WARRANT FOR A PERIOD OF ONE YEAR FOLLOWING
THE EFFECTIVE DATE (AS DEFINED BELOW) TO ANYONE OTHER THAN (I) A.G.P./ALLIANCE GLOBAL PARTNERS OR AN UNDERWRITER OR A SELECTED
DEALER IN CONNECTION WITH THE OFFERING OR (II) A BONA FIDE OFFICER OR PARTNER OF A.G.P./ALLIANCE GLOBAL PARTNERS OR OF ANY SUCH
UNDERWRITER OR SELECTED DEALER.

 

THIS
COMMON STOCK PURCHASE WARRANT IS NOT EXERCISABLE PRIOR TO [_______], 2020. [DATE THAT IS ONE YEAR FROM THE EFFECTIVE DATE OF
THE REGISTRATION STATEMENT.] VOID AFTER 5:00 P.M., NEW YORK CITY TIME, [_______], 2024. [THE DATE THAT IS FIVE YEARS
FOLLOWING THE EFFECTIVE DATE OF THE REGISTRATION STATEMENT.]

 

COMMON
STOCK PURCHASE WARRANT

 

VERB
TECHNOLOGY COMPANY, INC.

 

	Warrant
    Shares: _______	Issue
    Date: __________ __, 2019
	 	 
	 	Initial
    Exercise Date: __________ __, 2020

 

This
COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, A.G.P./Alliance Global
Partners or its permitted assigns (the “Holder”) is entitled, upon the terms and subject to the limitations
on exercise and the conditions hereinafter set forth, at any time on or after the Issuance Date and on or prior to the
Expiration Date (as defined in Section 2(a)(ii), below) but not thereafter, to subscribe for and purchase from VERB TECHNOLOGY
COMPANY, INC., a Minnesota corporation (the “Company”), up to ___________ shares (as subject to adjustment
hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this
Warrant shall be equal to the Exercise Price (as defined in Section 2(a)(i), below.)

 

Section
1.Definitions. In addition to the terms defined elsewhere in this Warrant, the following terms have the meanings
indicated in this Section 1:

 

“Affiliate”
means any Person that, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common
control with a Person, as such terms are used in and construed under Rule 405 under the Securities Act.

 

“Business
Day” means any day except any Saturday, any Sunday, any day that is a federal legal holiday in the United States of
America or any day on which banking institutions in the State of New York are authorized or required by law or other governmental
action to close.

 

“Commission”
means the United States Securities and Exchange Commission.

 

“Common
Stock” means the common stock, par value $0.0001 per share, of the Company.

 

“Exchange
Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.

 

“Person”
means an individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability
company, joint stock company, government (or an agency or subdivision thereof), or other entity of any kind.

 

“Securities
Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

 

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“Trading
Day” means a day on which the principal Trading Market is open for trading.

 

“Transfer
Agent” mean V Stock Transfer, LLC, the current transfer agent of the Company, with a mailing address of 18 Lafayette
Place, Woodmere, New York 11598, and any successor transfer agent of the Company.

 

“Underwriting
Agreement” means that certain agreement to be entered into by and between the Company and A.G.P., dated on or before
the Issue Date, in connection with that certain underwritten public offering of Common Stock by A.G.P.

 

Section
2.       Terms and Exercise of this Warrant.

 

(a)       Exercise
Price and Duration.

 

(i)       Exercise
Price. This Warrant shall entitle the Holder thereof, subject to the provisions herein, to purchase from the Company the number
of shares of Common Stock stated therein, at the price of $ [●] per whole share, subject to the subsequent adjustments
provided in Section 3 hereof. [125% OF PUBLIC OFFERING PRICE] The term “Exercise Price” as used
in this Warrant refers to the price per share at which Common Stock may be purchased at the time this Warrant is exercised.

 

(ii)       Duration
of Warrant. This Warrant may be exercised only during the period (the “Exercise Period”) commencing one
year from the Issuance Date and terminating at 5:00 P.M., New York City time (the “close of business”) on ________,
20[●] [THE DATE FIVE YEARS FOLLOWING THE ISSUANCE DATE] (the “Expiration Date”). If this Warrant
is not exercised on or before the Expiration Date it shall become void, and all rights hereunder shall cease at the close of business
on the Expiration Date. For the avoidance of doubt, this Warrant will be exercisable at any time, and from time to time, in whole
or in part, during the four-year period commencing one year from the Effective Date (as defined in the Underwriting Agreement),
which period shall not extend further than five (5) years from the Effective Date in compliance with FINRA Rule 5110(f)(2)(G)(i).

 

(b)       Exercise
of Warrant and Payment. Subject to the provisions of this Warrant, the Holder may exercise this Warrant by delivering, not
later than 5:00 P.M., New York City time, on any Business Day during the Exercise Period (the “Exercise Date”)
to the Company at its office designated for such purpose (or such other office or agency of the Company as it may designate by
notice in writing to the Holder at the address of the Holder appearing on the books of the Company) of a duly executed facsimile
copy (or .pdf copy via e-mail attachment) of the Notice of Exercise in the form annexed hereto as Exhibit A (the “Notice
of Exercise”). Within the earlier of (i) two (2) Trading Days and (ii) the number of Trading Days comprising the Standard
Settlement Period (as defined in Section 2(d)(i), below) following the date of exercise as aforesaid, the Holder shall
deliver the unpaid portion of the aggregate Exercise Price for the Warrant Shares specified in the applicable Notice of Exercise
by wire transfer or cashier’s check drawn on a federally chartered United States bank unless the cashless exercise procedure
specified in Section 2(c), below, is specified in the applicable Notice of Exercise. No ink-original Notice of Exercise
shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise be
required. Notwithstanding anything herein to the contrary, the Holder shall not be required to physically surrender this Warrant
to the Company until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised
in full, in which case, the Holder shall surrender this Warrant to the Company for cancellation within two (2) Trading Days of
the date on which the final Notice of Exercise is delivered to the Company. Partial exercises of this Warrant resulting in purchases
of a portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number
of Warrant Shares purchasable hereunder in an amount equal to the applicable number of Warrant Shares purchased. The Holder and
the Company shall maintain records showing the number of Warrant Shares purchased and the date of such purchases. The Company
shall deliver any objection to any Notice of Exercise within one (1) Business Day of receipt of such notice. The Holder and any
assignee, by acceptance of this Warrant, acknowledge and agree that, by reason of the provisions of this paragraph, following
the purchase of a portion of the Warrant Shares hereunder, the number of Warrant Shares available for purchase hereunder at any
given time may be less than the amount stated on the face hereof.

 

If
any of (A) the Warrant, (B) the executed Notice of Exercise, or (C) the Exercise Price therefor, and all applicable taxes and
charges due in connection therewith, is received by the Company after 5:00 P.M., New York City time, on any date, or on a date
that is not a Business Day, the Warrant with respect thereto will be deemed to have been received and exercised on the Business
Day next succeeding such date. For the avoidance of doubt, the “Exercise Date” will be the date the materials in the
foregoing sentence are received by the Company (if by 5:00 P.M., New York City time), or the following Business Day (if after
5:00 P.M., New York City time), regardless of any earlier date written on the materials. If the Warrant is received or deemed
to be received after the Expiration Date, the exercise thereof will be null and void and any funds delivered to the Company will
be returned to the Holder as soon as practicable. In no event will interest accrue on any funds delivered to the Company in respect
of an exercise or attempted exercise of Warrants. The validity of any exercise of any Warrant will be determined by the Company
in its sole discretion and such determination will be final and binding upon the Holder. The Company shall not have any obligation
to inform a Holder of the invalidity of any exercise of Warrants.

 

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(c)       Cashless
Exercise Under Certain Circumstances.

 

(i)       The
Company shall provide to the Holder of this Warrant prompt written notice at any time that the Company is unable to issue the
Warrant Shares via The Depository Trust Company (“DTC”) transfer or otherwise (without restrictive legend),
because (A) the Commission has issued a stop order with respect to any registration statement registering the Warrant Shares (the
“Registration Statement”), (B) the Commission otherwise has suspended or withdrawn the effectiveness of the
Registration Statement, either temporarily or permanently, (C) the Company has suspended or withdrawn the effectiveness of the
Registration Statement, either temporarily or permanently, or (D) otherwise (each, a “Restrictive Legend Event”).
If a Restrictive Legend Event occurs after the Holder has exercised this Warrant in accordance with the terms of the Warrant but
prior to the delivery of the Warrant Shares, the Company shall, at the election of the Holder, which shall be given within five
(5) days of receipt of such notice of the Restrictive Legend Event, either (A) rescind the previously submitted Notice of Exercise
and the Company shall return all consideration paid by the Holder for such shares upon such rescission or (B) treat the attempted
exercise as a cashless exercise as described in the next paragraph and refund the cash portion of the exercise price to the Holder.

 

(ii)       If
a Restrictive Legend Event has occurred and no exemption from the registration requirements is available, the Warrant shall only
be exercisable on a cashless basis. Notwithstanding anything herein to the contrary, the Company shall not be required to make
any cash payments or net cash settlement to the Holder in lieu of issuance of the Warrant Shares. Upon a “cashless exercise,”
the Holder shall be entitled to receive the number of Warrant Shares equal to the quotient obtained by dividing [(A-B) (X)] by
(A), where:

 

	 	(A)	=
    	the VWAP on the Trading Day immediately preceding the Exercise Date;
	 	 	 	 
	 	(B)	=	 the Exercise Price of the Warrant; and
	 	 	 	 
	 	(X)	=	the
number of Warrant Shares that would be issuable upon exercise of the Warrant in full in accordance with the terms of the Warrant
if such exercise were by means of a cash exercise rather than a cashless exercise.

 

Upon
receipt of a Notice of Exercise for a cashless exercise, the Company will promptly confirm the number of Warrant Shares issuable
in connection with the cashless exercise. In addition, if Warrant Shares are issued in such a cashless exercise where no commission
or other remuneration is paid or given directly or indirectly for soliciting such cashless exercise, the parties acknowledge and
agree that in accordance with Section 3(a)(9) of the Securities Act, the Warrant Shares shall take on the registered characteristics
of the Warrant being exercised. The Company agrees not to take any position contrary to this Section 2(c).

 

“VWAP”
means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then
listed or quoted on the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market, the New York Stock Exchange,
or the NYSE American (each, a “Trading Market”), the daily volume weighted average price of the Common Stock
for such date (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported
by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) the volume
weighted average price of the Common Stock for such date (or the nearest preceding date) on the OTCQB® Venture Market or the
OTCQX® Best Market, (c) if the Common Stock is not then quoted on the OTCQB or the OTCQX and if prices for the Common Stock
are then reported in the OTC Pink Open Market maintained by OTC Markets Group Inc. (or a similar organization or agency succeeding
to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d) in all other
cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the
holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses
of which shall be paid by the Company.

 

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(iii)       Disputes.
In the case of a dispute as to the determination of the Exercise Price or the arithmetic calculation of the Warrant Shares, the
Company shall promptly issue to the Holder the number of Warrant Shares that are not disputed.

 

(d)       Mechanics
of Exercise.

 

(i)       Delivery
of Warrant Shares Upon Exercise. The Company shall cause the Warrant Shares purchased hereunder to be transmitted by the Transfer
Agent to the Holder by crediting the account of the Holder’s or its designee’s balance account with DTC through its
Deposit or Withdrawal at Custodian system (“DWAC”) if the Company is then a participant in such system and
either (A) there is an effective registration statement permitting the issuance of the Warrant Shares to or resale of the Warrant
Shares by Holder or (B) this Warrant is being exercised via cashless exercise, and otherwise by physical delivery of a certificate,
registered in the Company’s share register in the name of the Holder or its designee, for the number of Warrant Shares to
which the Holder is entitled pursuant to such exercise to the address specified by the Holder in the Notice of Exercise by the
date that is the earlier of (i) two (2) Trading Days and (ii) the number of Trading Days comprising the Standard Settlement Period
after the delivery to the Company of the Notice of Exercise (such date, the “Warrant Share Delivery Date”).
Upon delivery of the Notice of Exercise, the Holder shall be deemed for all corporate purposes to have become the holder of record
of the Warrant Shares with respect to which this Warrant has been exercised, irrespective of the date of delivery of the Warrant
Shares, provided that payment of the aggregate Exercise Price (other than in the case of a cashless exercise) is received within
the earlier of (i) two (2) Trading Days and (ii) the number of Trading Days comprising the Standard Settlement Period following
delivery of the Notice of Exercise. As used herein, “Standard Settlement Period” means the standard settlement
period, expressed in several Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in
effect on the date of delivery of the Notice of Exercise. Notwithstanding the foregoing, with respect to any Notice(s) of Exercise
delivered by 12:00 noon (New York City time) on the Issuance Date, the Company agrees to deliver the Warrant Shares subject to
such notice(s) by 4:00 p.m. (New York City time) on the Issuance Date.

 

(ii)       Delivery
of New Warrants Upon Exercise. If this Warrant shall have been exercised in part, the Company shall, at the request of a Holder
and upon surrender of this Warrant certificate, at the time of delivery of the Warrant Shares, deliver to the Holder a new Warrant
evidencing the rights of the Holder to purchase the unpurchased Warrant Shares called for by this Warrant, which new Warrant shall
in all other respects be identical with this Warrant.

 

(iii)       Rescission
Rights. If the Company fails to cause the Transfer Agent to transmit to the Holder the Warrant Shares pursuant to Section
2(d)(i), above, by the Warrant Share Delivery Date, then the Holder will have the right to rescind such exercise.

 

(iv)       Valid
Issuance. All shares of Common Stock issued by the Company through the Transfer Agent upon the proper exercise of this Warrant
in conformity with this Warrant shall be validly issued, fully paid and non-assessable.

 

(v)       No
Fractional Exercise. This Warrant may be exercised only in whole numbers of Warrant Shares. No fractional Warrant Shares are
to be issued upon the exercise of the Warrant, but rather the number of Warrant Shares to be issued shall be rounded up or down,
as applicable, to the nearest whole number. If fewer than all of the Warrants evidenced by this Warrant are exercised, a notation
shall be made to the records maintained by the Company evidencing the balance of the Warrants remaining after such exercise.

 

(vi)       No
Transfer Taxes. The Company shall not be required to pay any stamp or other tax or charge required to be paid in connection
with any transfer involved in the issue of the Warrant Shares upon the exercise of Warrants; and in the event that any such transfer
is involved, the Company shall not be required to issue or deliver any Warrant Shares until such tax or other charge shall have
been paid or it has been established to the Company’s satisfaction that no such tax or other charge is due.

 

(vii)       Date
of Issuance. Each person in whose name any such shares of Common Stock is issued shall for all purposes be deemed to have
become the Holder of record of such shares on the date on which the Warrant was validly exercised and payment of the Exercise
Price was made, irrespective of the date of delivery of such Notice of Exercise, except that, if the date of such Notice of Exercise
and payment is a date when the stock transfer books of the Company are closed, such person shall be deemed to have become the
Holder of such shares at the close of business on the next succeeding date on which the stock transfer books are open.

 

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Section
3.       Adjustments.

 

(a)       Adjustment
upon Subdivision or Combination of Common Stock. If the Company at any time after the Issuance Date subdivides (by any stock
split, stock dividend, recapitalization, reorganization, scheme, arrangement or otherwise) its outstanding shares of Common Stock
into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced
and the number of Warrant Shares will be proportionately increased. If the Company at any time after the Issuance Date combines
(by any stock split, stock dividend, recapitalization, reorganization, scheme, arrangement, or otherwise) its outstanding shares
of Common Stock into a smaller number of shares, the Exercise Price in effect immediately prior to such combination will be proportionately
increased and the number of Warrant Shares will be proportionately decreased. Any adjustment under this Section 3(a) shall
become effective at the close of business on the date the subdivision or combination becomes effective.

 

(b)       Adjustment
for Other Distributions. In the event the Company shall fix a record date for the making of a dividend or distribution to
all holders of Common Stock of any evidences of indebtedness or assets or subscription rights or warrants (excluding those referred
to in Section 3(a), above, or other dividends paid out of retained earnings), then in each such case the Holder will, upon
the exercise of this Warrant, be entitled to receive, in addition to the number of shares of Common Stock issuable thereupon,
and without payment of any additional consideration therefor, the amount of such dividend or distribution, as applicable, which
such Holder would hold on the date of such exercise had such Holder been the holder of record of such Common Stock as of the date
on which holders of Common Stock received or became entitled to receive such dividend or distribution. Such adjustment shall be
made whenever any such distribution is made and shall become effective immediately after the record date mentioned above.

 

(c)       Reclassification,
Consolidation, Purchase, Combination, Sale, or Conveyance. If, at any time while this Warrant is outstanding, (i) the Company,
directly or indirectly, in one or more related transactions effects any merger or consolidation of the Company with or into another
person, (ii) the Company, directly or indirectly, effects any sale, lease, license, assignment, transfer, conveyance, or other
disposition of all or substantially all of its assets in one or a series of related transactions, (iii) any, direct or indirect,
purchase offer, tender offer or exchange offer (whether by the Company or another person) is completed pursuant to which holders
of Common Stock are permitted to sell, tender or exchange their shares for other securities, cash or property and has been accepted
by the holders of 50% or more of the outstanding Common Stock, (iv) the Company, directly or indirectly, in one or more related
transactions effects any reclassification, reorganization or recapitalization of the Common Stock or any compulsory share exchange
pursuant to which the Common Stock is effectively converted into or exchanged for other securities, cash or property, (v) the
Company, directly or indirectly, in one or more related transactions consummates a stock or share purchase agreement or other
business combination (including, without limitation, a reorganization, recapitalization, spin-off or scheme of arrangement) with
another person whereby such other person acquires more than 50% of the outstanding shares of Common Stock (not including any shares
of Common Stock held by the other person or other persons making or party to, or associated or affiliated with the other persons
making or party to, such stock or share purchase agreement or other business combination) (each, a “Fundamental Transaction”),
then, upon any subsequent exercise of this Warrant, the Holder shall have the right to receive, for each Warrant Share that would
have been issuable upon such exercise immediately prior to the occurrence of such Fundamental Transaction, the number of shares
of Common Stock, if any, of the successor or acquiring corporation or of the Company, if it is the surviving corporation, and
any additional consideration (the “Alternate Consideration”) receivable as a result of such Fundamental Transaction
by a holder of the number of shares of Common Stock for which this Warrant is exercisable immediately prior to such Fundamental
Transaction. For purposes of any such exercise, the determination of the Exercise Price shall be appropriately adjusted to apply
to such Alternate Consideration based on the amount of Alternate Consideration issuable in respect of one share of Common Stock
in such Fundamental Transaction, and the Company shall apportion the Exercise Price among the Alternate Consideration in a reasonable
manner reflecting the relative value of any different components of the Alternate Consideration. If holders of Common Stock are
given any choice as to the securities, cash, or property to be received in a Fundamental Transaction, then the Holder shall be
given the same choice as to the Alternate Consideration it receives upon any exercise of this Warrant following such Fundamental
Transaction. The Company shall cause any successor entity in a Fundamental Transaction in which the Company is not the survivor
(the “Successor Entity”) and for which stockholders received any equity securities of the Successor Entity,
to assume in writing all of the obligations of the Company under this Warrant Agreement in accordance with the provisions of this
Section 4(c) pursuant to written agreements and shall, upon the written request of the Holder of this Warrant, deliver
to the Holder in exchange for this Warrant created by this Warrant Agreement a security of the Successor Entity evidenced by a
written instrument substantially similar in form and substance to the Warrant that is exercisable for a corresponding number of
shares of capital stock of such Successor Entity (or its parent entity), if any, plus any Alternate Consideration, receivable
as a result of such Fundamental Transaction by a holder of the number of shares of Common Stock for which the Warrant is exercisable
immediately prior to such Fundamental Transaction, and with an exercise price that applies the exercise price hereunder to such
shares of capital stock, if any, plus any Alternate Consideration (but taking into account the relative value of the shares of
Common Stock pursuant to such Fundamental Transaction and the value of such shares of capital stock, such number of shares of
capital stock and such exercise price being for the purpose of protecting the economic value of such Warrant immediately prior
to the consummation of such Fundamental Transaction). Upon the occurrence of any such Fundamental Transaction the Successor Entity
shall succeed to, and be substituted for (so that from and after the date of such Fundamental Transaction, the provisions of this
Warrant Agreement and the Warrant referring to the “Company” shall refer instead to the Successor Entity), and may
exercise every right and power of the Company and shall assume all of the obligations of the Company under this Warrant Agreement
and the Warrant with the same effect as if such Successor Entity had been named as the Company herein.

 

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Any
supplemented or amended agreement entered by the successor corporation or transferee shall provide for adjustments, which shall
be as nearly equivalent as may be practicable to the adjustments provided for in Section 3. The provisions of this Section
3(c) shall similarly apply to successive reclassifications, changes, consolidations, mergers, sales, and conveyances of the
kind described above.

 

(d)       Other
Events. If any event occurs of the type contemplated by the provisions of Section 3(a), 3(b), or 3(c),
above, but not expressly provided for by such provisions (including, without limitation, the granting of stock appreciation rights,
phantom stock rights, or other rights with equity features to all holders of Common Stock for no consideration), then the Company’s
Board of Directors will, at its discretion and in good faith, make an adjustment in the Exercise Price and the number of Warrant
Shares or designate such additional consideration to be deemed issuable upon exercise of this Warrant, so as to protect the rights
of the Holder.

 

(e)       Notices
of Changes in Warrant. Upon every adjustment of the Warrant Price or the number of shares issuable upon exercise of this Warrant,
the Company shall give written notice thereof to the Holder, at the last address set forth for such holder in the Warrant Register,
of the record date or the effective date of the event. Failure to give such notice, or any defect therein, shall not affect the
legality or validity of such event.

 

(f)       Notice
to Allow Exercise by Holder. If (A) the Company shall declare a dividend (or any other distribution in whatever form) on the
Common Stock, (B) the Company shall declare a special nonrecurring cash dividend on or a redemption of the Common Stock, (C) the
Company shall authorize the granting to all holders of the Common Stock rights or warrants to subscribe for or purchase any shares
of capital stock of any class or of any rights, (D) the approval of any stockholders of the Company shall be required in connection
with any reclassification of the Common Stock, any consolidation or merger to which the Company is a party, any sale or transfer
of all or substantially all of the assets of the Company, or any compulsory share exchange whereby the Common Stock is converted
into other securities, cash or property, or (E) the Company shall authorize the voluntary or involuntary dissolution, liquidation
or winding up of the affairs of the Company, then, in each case, the Company shall cause to be mailed to the Holder at its last
address as it shall appear upon the Warrant Register of the Company, at least 10 calendar days prior to the applicable record
or effective date hereinafter specified, a notice stating (i) the date on which a record is to be taken for the purpose of such
dividend, distribution, redemption, rights, or warrants, or if a record is not to be taken, the date as of which the holders of
the Common Stock of record to be entitled to such dividend, distributions, redemption, rights or warrants are to be determined
or (ii) the date on which such reclassification, consolidation, merger, sale, transfer, or share exchange is expected to become
effective or close, and the date as of which it is expected that holders of the Common Stock of record shall be entitled to exchange
their shares of the Common Stock for securities, cash or other property deliverable upon such reclassification, consolidation,
merger, sale, transfer, or share exchange; provided, that the failure to mail such notice or any defect therein or in the
mailing thereof shall not affect the validity of the corporate action required to be specified in such notice. To the extent that
any notice provided hereunder constitutes, or contains, material, non-public information regarding the Company or any of its subsidiaries,
the Company shall simultaneously file such notice with the Commission pursuant to a Current Report on Form 8-K. The Holder shall
remain entitled to exercise this Warrant during the period commencing on the date of such notice to the effective date of the
event triggering such notice except as may otherwise be expressly set forth herein.

 

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Section
4.       Transfer of Warrant.

 

(a)       Transferability.
This Warrant and all rights hereunder are transferable, in whole or in part, upon surrender of this Warrant at the principal office
of the Company or its designated agent, together with a written assignment of this Warrant substantially in the form annexed hereto
as Exhibit B duly executed by the Holder or its agent or attorney-in-fact and funds sufficient to pay any transfer taxes
payable upon the making of such transfer. Upon such surrender and, if required, such payment, the Company shall execute and deliver
a new Warrant or Warrants in the name of the assignee or assignees, as applicable, and in the denomination or denominations specified
in such instrument of assignment, and shall issue to the assignor a new Warrant evidencing the portion of this Warrant not so
assigned, and this Warrant shall promptly be cancelled. Notwithstanding anything herein to the contrary, the Holder shall not
be required to surrender this Warrant to the Company physically unless the Holder has assigned this Warrant in full, in which
case, the Holder shall surrender this Warrant to the Company within two (2) Trading Days of the date on which the Holder delivers
an assignment form to the Company assigning this Warrant in full. This Warrant, if properly assigned in accordance herewith, may
be exercised by a new holder for the purchase of Warrant Shares without having a new Warrant issued.

 

(b)       New
Warrants. This Warrant may be divided or combined with other Warrants upon presentation hereof at the aforesaid office of
the Company, together with a written notice specifying the names and denominations in which new Warrants are to be issued, signed
by the Holder or its agent or attorney. Subject to compliance with Section 4(a), as to any transfer that may be involved
in such division or combination, the Company shall execute and deliver a new Warrant or Warrants in exchange for the Warrant or
Warrants to be divided or combined in accordance with such notice. All Warrants issued on transfers or exchanges shall be dated
the Issue Date of this Warrant and shall be identical with this Warrant except as to the number of Warrant Shares issuable pursuant
thereto.

 

(c)       Warrant
Register. The Company (or its Transfer Agent) shall register this Warrant, upon records to be maintained by the Company for
that purpose (the “Warrant Register”), in the name of the record Holder hereof from time to time. The Company
may deem and treat the Holder of this Warrant as the absolute owner hereof for the purpose of any exercise hereof or any distribution
to the Holder, and for all other purposes, absent actual notice to the contrary.

 

(d)       Fractional
Warrants. The Company shall not be required to effect any registration of transfer or exchange that will result in the issuance
of a Warrant for a fraction of this Warrant.

 

Section
5.       Limitations on Exercise. The Company shall not effect any exercise of this Warrant, and a Holder shall not have
the right to exercise any portion of this Warrant, to the extent that after giving effect to the issuance of shares of Common
Stock after exercise as set forth on the applicable Notice of Exercise, the Holder (together with such Holder’s Affiliates
(as defined in Rule 405 under the Securities Act), and any other persons acting as a group together with the Holder or any of
the Holder’s Affiliates), would beneficially own in excess of 4.99% of the Common Stock (the percentage limitation, the
“Beneficial Ownership Limitation”). For purposes of the foregoing sentence, the number of shares of Common
Stock beneficially owned by the Holder and its Affiliates shall include the number of shares of Common Stock issuable upon exercise
of the Warrant with respect to which such determination is being made, but shall exclude the number of shares of Common Stock
that would be issuable upon exercise of the remaining, non-exercised portion of any Warrant beneficially owned by the Holder or
any of its Affiliates. Except as set forth in the preceding sentence, for purposes of this Section 5, beneficial ownership
shall be calculated in accordance with Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder,
it being acknowledged by the Holder that the Company is not representing to the Holder that such calculation is in compliance
with Section 13(d) of the Exchange Act and the Holder is solely responsible for any schedules required to be filed in accordance
therewith. To the extent that the limitation contained in this Section 5 applies, the determination of whether this Warrant
is exercisable (in relation to other securities owned by the Holder together with any Affiliates) and of which portion of this
Warrant is exercisable shall be in the sole discretion of the Holder, and the submission of a Notice of Exercise shall be deemed
to be the Holder’s determination of whether such Warrant is exercisable (in relation to other securities owned by the Holder
together with any Affiliates) and of which portion of this Warrant is exercisable, and the Company shall not have any obligation
to verify or confirm the accuracy of such determination and neither of them shall have any liability for any error made by the
Holder. In addition, a determination as to any group status as contemplated above shall be determined in accordance with Section
13(d) of the Exchange Act and the rules and regulations promulgated thereunder. For purposes of this Section 5 , in determining
the number of outstanding shares of Common Stock, a Holder may rely on the number of outstanding shares of Common Stock as reflected
in (A) the Company’s most recent periodic or annual report filed with the Securities and Exchange Commission, as the case
may be, (B) a more recent public announcement by the Company, or (C) a more recent written notice by the Company or the Company’s
transfer agent setting forth the number of shares of Common Stock outstanding. The provisions of this Section 5 shall be
construed and implemented in a manner otherwise than in strict conformity with the terms of this Section 5 to correct this
subsection (or any portion hereof) that may be defective or inconsistent with the intended beneficial ownership limitation herein
contained or to make changes or supplements necessary or desirable to properly give effect to such limitation. The Holder, upon
not less than 61 days’ prior notice to the Company, may increase or decrease the Beneficial Ownership Limitation provisions
of this Section 5. In the event of a Holder’s election to increase the Beneficial Ownership Limitation, such increase
will not be effective until the 61st day after such notice is delivered to the Company. The limitations contained in this Section
5 shall apply to a successor holder of this Warrant.

 

    	7

     

    

 

Section
6.       Miscellaneous.

 

(a)       No
Rights as Stockholder. Except as otherwise specifically provided herein, a Holder, solely in its capacity as a holder of this
Warrant, shall not be entitled to vote or receive dividends or be deemed the holder of share capital of the Company for any purpose,
nor shall anything contained in this Warrant be construed to confer upon a registered holder, solely in its capacity as the Holder
of this Warrant, any of the rights of a stockholder of the Company or any right to vote, give or withhold consent to any corporate
action (whether any reorganization, issue of stock, reclassification of stock, consolidation, merger, conveyance, or otherwise),
receive notice of meetings, receive dividends or subscription rights, or otherwise, prior to the issuance to the Holder of the
Warrant Shares that it is then entitled to receive upon the due exercise of this Warrant. This Warrant does not entitle the registered
holder thereof to any of the rights of a stockholder of the Company.

 

(b)       Reservation
of Common Stock. The Company shall always reserve and keep available out of its authorized but unissued shares of Common Stock
that number of shares that will be sufficient to permit the exercise in full of this Warrant.

 

(c)       Loss,
Theft, Destruction, or Mutilation of Warrant. The Company covenants that, upon receipt by the Company of evidence reasonably
satisfactory to it of the loss, theft, destruction, or mutilation of this Warrant or any stock certificate relating to the Warrant
Shares and, in case of loss, theft, or destruction, of indemnity or security reasonably satisfactory to it (that, in the case
of the Warrant, shall not include the posting of any bond), and upon surrender and cancellation of such Warrant or stock certificate,
if mutilated, the Company will make and deliver a new Warrant or stock certificate of like tenor and dated as of such cancellation,
in lieu of such Warrant or stock certificate.

 

(d)       Saturdays,
Sundays, Holidays, etc. If the last or appointed day for the taking of any action or the expiration of any right required
or granted herein shall not be a Business Day, then, such action may be taken or such right may be exercised on the next succeeding
Business Day.

 

(e)       Jurisdiction.
All questions concerning the construction, validity, enforcement, and interpretation of this Warrant shall be governed by and
construed and enforced in accordance with the internal laws of the State of New York, without regard to the principles of conflicts
of law thereof. Each party agrees that all legal proceedings concerning the interpretations, enforcement and defense of the transactions
contemplated by this Warrant (whether brought against a party hereto or their respective affiliates, directors, officers, stockholders,
partners, members, employees, or agents) shall be commenced exclusively in the state and federal courts sitting in the City of
New York. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in the City
of New York, Borough of Manhattan, for the adjudication of any dispute hereunder or in connection herewith or with any transaction
contemplated hereby or discussed herein, 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 is an 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 other manner permitted by law. If either party shall commence
an action, suit or proceeding to enforce any provisions of this Warrant, the prevailing party in such action, suit or proceeding
shall be reimbursed by the other party for their reasonable attorneys’ fees and other costs and expenses incurred with the
investigation, preparation and prosecution of such action or proceeding.

 

    	8

     

    

 

(f)       Restrictions.
The Holder acknowledges that the Warrant Shares acquired upon the exercise of this Warrant, if not registered and the Holder does
not utilize cashless exercise, will have restrictions upon resale imposed by state and federal securities laws.

 

(g)       Nonwaiver
and Expenses. No course of dealing or any delay or failure to exercise any right hereunder on the part of Holder shall operate
as a waiver of such right or otherwise prejudice the Holder’s rights, powers, or remedies. Without limiting any other provision
of this Warrant, if the Company willfully and knowingly fails to comply with any provision of this Warrant, which results in any
material damages to the Holder, the Company shall pay to the Holder such amounts as shall be sufficient to cover any costs and
expenses including, but not limited to, reasonable attorneys’ fees, including those of appellate proceedings, incurred by
the Holder in collecting any amounts due pursuant hereto or in otherwise enforcing any of its rights, powers or remedies hereunder.

 

(h)       Notices.
Any notices, consents, waivers or other document or communications required or permitted to be given or delivered under the terms
of this Warrant must be in writing and will be deemed to have been delivered: (i) upon receipt, if delivered personally; (ii)
when sent, if sent by facsimile (provided confirmation of transmission is mechanically or electronically generated and kept on
file by the sending party); (iii) if sent by overnight courier service, one (1) Trading Day after deposit with an overnight courier
service with next day delivery specified, and (iv) if sent by certified mail or private courier service within five (5) Trading
Days after deposit of such notice, in each case, properly addressed to the party to receive the same. The addresses and facsimile
numbers for such communications shall be:

 

If
to the Holder:

 

A.G.P./Alliance
Global Partners

590
Madison Avenue, 36th Floor

New
York, New York 10022

Attn:
David Bocchi, Managing Director of Investment Banking

Fax
No.: ____________

 

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

 

Robinson
Brog Leinwand Greene Genovese & Gluck, P.C.

875
Third Avenue

New
York, New York 10022

Attn:
David E. Danovitch, Esq.

Fax
No: 212-956-2164

 

If
to the Company:

 

Verb
Technology Company, Inc.

344
South Hauser Blvd., Suite 414

Los
Angeles, California 90036

Attn:
Rory J. Cutaia, President and Chief Executive Officer

Fax
No.: ____________

 

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

 

Baker
& Hostetler LLP

600
Anton Blvd., Suite 900

Costa
Mesa, California 92626

Attn:
Randolf W. Katz, Esq.

Fax
No: 714-966-8802

 

If
to a Holder, to its address, facsimile number or e-mail address set forth herein or on the books and records of the Company.

 

    	9

     

    

 

(i)       Limitation
of Liability. No provision hereof, in the absence of any affirmative action by the Holder to exercise this Warrant to purchase
Warrant Shares, and no enumeration herein of the rights or privileges of the Holder, shall give rise to any liability of the Holder
for the purchase price of any Common Stock or as a stockholder of the Company, whether such liability is asserted by the Company
or by creditors of the Company.

 

(j)       Remedies.
The Holder, in addition to being entitled to exercise all rights granted by law, including recovery of damages, will be entitled
to specific performance of its rights under this Warrant. The Company agrees that monetary damages would not be adequate compensation
for any loss incurred by reason of a breach by it of the provisions of this Warrant and hereby agrees to waive and not to assert
the defense in any action for specific performance that a remedy at law would be adequate.

 

(k)       Successors
and Assigns. Subject to applicable securities laws, this Warrant and the rights and obligations evidenced hereby shall inure
to the benefit of and be binding upon the successors and permitted assigns of the Company and the successors and permitted assigns
of Holder. The provisions of this Warrant are intended to be for the benefit of any Holder from time to time of this Warrant and
shall be enforceable by the Holder or holder of Warrant Shares.

 

(l)       Amendment.
This Warrant may be modified or amended, including any amendment to increase the Exercise Price or shorten the Exercise Period,
and the provisions hereof may be waived, in each case with the written consent of the Company, A.G.P./Alliance Global Partners
(“A.G.P.”), and the registered holders of a majority of the then outstanding Warrants issued by the Company
pursuant to that certain Underwriting Agreement, dated [●], 2019 among A.G.P., the Company, and the underwriters named on
Schedule 1 thereto.

 

(m)       Severability.
Wherever possible, each provision of this Warrant shall be interpreted in such manner as to be effective and valid under applicable
law, but if any provision of this Warrant shall be prohibited by or invalid under applicable law, such provision shall be ineffective
to the extent of such prohibition or invalidity, without invalidating the remainder of such provisions or the remaining provisions
of this Warrant.

 

(n)       Effect
of Headings. The Section headings herein are for convenience only and are not part of this Warrant and shall not affect the
interpretation thereof.

 

********************

 

(Signature
Page Follows)

 

    	10

     

    

 

IN
WITNESS WHEREOF, the Company has caused this Warrant to be executed by its officer thereunto duly authorized as of the date first
above indicated.

 

	VERB
    TECHNOLOGY COMPANY, INC.	 
	 	 	 
	By:	 	 
	 	Rory
    J. Cutaia, President and Chief Executive Officer	 

 

    	11

     

    

 

Exhibit
A

 

NOTICE
OF EXERCISE

 

TO:VERB
TECHNOLOGY COMPANY, INC.

 

(1)       The
undersigned hereby elects to purchase ________ Warrant Shares of the Company pursuant to the terms of the attached Warrant and
tenders herewith payment of the exercise price in full, together with all applicable transfer taxes, if any.

 

(2)       Payment
shall take the form of (check applicable box):

 

	 	[  ]	in
    lawful money of the United States by wire transfer or cashier’s check drawn on a United States bank; or
	 	 	 
	 	[  ]	if
    permitted by the terms of the Warrant, the cancellation of such number of Warrant Shares as is necessary, in accordance with
    the formula set forth in subsection 2(c), to exercise this Warrant with respect to the maximum number of Warrant Shares purchasable
    pursuant to the cashless exercise procedure set forth in subsection 2(c).

 

(3)       
Please issue said Warrant Shares in the name of the undersigned or in such other name as is specified below:

 

	 	 
	 	 
	The
    Warrant Shares shall be delivered to the following DWAC Account Number:	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	[SIGNATURE
    OF HOLDER]	 
	 	 	 
	Name
    of Investing Entity:	 
	 	 	 
	 	 	 
	 	 
	Signature
    of Authorized Signatory of Investing Entity:	 
	 	 	 
	 	 	 
	 	 
	Name
    of Authorized Signatory:	 
	 	 	 
	 	 	 
	 	 
	Title
    of Authorized Signatory:	 
	 	 	 
	 	 	 
	 	 	 
	Date:	             	 

 

    	12

     

    

 

Exhibit
B

 

ASSIGNMENT
FORM

 

(To
assign the attached Warrant, execute this form and supply required information.

Do
not use this form to exercise the Warrant.)

 

FOR
VALUE RECEIVED, [____] all of or [_______] shares of the attached Warrant and all rights evidenced thereby are hereby assigned
to:

 

_______________________________________________,
whose address is

 

_______________________________________________________________

 

_______________________________________________________________

 

	 	Date:
    ______________, _______	 
	 	 	 
	Holder’s
    Signature: 	_____________________________	 
	 	 	 
	Holder’s
    Address: 	_____________________________	 
	 	_____________________________	 

 

NOTE:
The signature to this Assignment Form must correspond with the name as it appears on the face of the Warrant, without alteration
or enlargement or any change whatsoever. Officers of corporations and those acting in a fiduciary or other representative capacity
should file proper evidence of authority to assign the foregoing Warrant.

 

    	13Exhibit

Exhibit 10(b)(i)
AMENDMENT NO. 4
TO 
WYLE ELECTRONICS RETIREMENT PLAN

(As Amended and Restated January 1, 2015)

             The Wyle Electronics Retirement Plan, as amended and restated effective January 1, 2015 (the “Plan”), is amended, effective as of December 31, 2018, as follows:

		
	1.
	Section 4.6 is amended to read as follows:

“4.6    Retirement Date Under Window Programs.  Notwithstanding any other provision of this Article IV, an Eligible Participant described in Paragraph 8.7 or 8.9 may elect an Early Distribution Date described in and in accordance with the provisions thereof.”

2.    The second subparagraph of Paragraph 7.1(a) is amended to read as follows:
“An Eligible Participant who has met the requirements for the 2016 Window Program described in Paragraph 8.7 or the 2019 Window Program described in Paragraph 8.9 may elect to receive benefits commencing as of an Early Distribution Date described in and in accordance with the provisions thereof.” 

3.    The following new Paragraph is added at the end of Article VIII:
		
	“8.9
	2019 Window Program.

(a)    2019 Window Program Eligibility.  Any Eligible Participant (as defined in this Paragraph 8.9) shall be eligible during the Window Election Period to elect the commencement of benefits hereunder effective as of, and as soon as administratively feasible after, the Early Distribution Date, in lieu of any other benefit under this Plan, in any one of the available forms of distribution described in subparagraph (b).  
(b)    Available Forms of Distribution.  Any Eligible Participant may elect during the Window Election Period, as the method of payment under the 2019 Window Program, any one of the available forms of distribution described in this subparagraph (b).
(i)    Monthly retirement income payable in the applicable normal form of retirement benefit described in Paragraph 8.1(a), which shall be equal to the Eligible Participant’s benefit earned as of December 31, 2018, adjusted as provided in Paragraph 8.1(a), if applicable, and reduced as follows:
 (A)    If the Eligible Participant is already eligible for an Early Retirement Benefit or the election of an Early Retirement Date, whichever is applicable, in accordance with the provisions of Paragraph 4.2 on the Early Distribution Date, such reduction shall be made in accordance with Paragraph 4.2; or

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Amendment #4 to 01-01-2015 Restatement of Wyle Electronic Retirement Plan (plan termination    )

(B)    If the Eligible Participant is not already eligible for an Early Retirement Benefit or the election of an Early Retirement Date, whichever is applicable, in accordance with the provisions of Paragraph 4.2 on the Early Distribution Date, such monthly retirement income shall equal the immediate annuity equivalent (using the 2019 Window Period Applicable Interest Rate and 2019 Window Period Applicable Mortality Table) of the Eligible Participant’s Actuarially Equivalent Lump Sum Benefit.
(ii)    For the Eligible Participants described in subparagraph (b)(i)(A) above, monthly retirement income payable in any form of benefit described in Paragraphs 8.1(b) through (d), the amount of which shall be of equivalent Actuarial Value to the immediately monthly pension payable in the applicable normal form described in Paragraph 8.1(a).  Calculation of the amount of the benefit so payable shall be made in accordance with the Joint and Survivor Factors set forth in Exhibit A.
(iii)    For Eligible Participants described in subparagraph (b)(i)(B), monthly retirement income payable in the form of the 75% Spousal Benefit Arrangement described in Paragraph 8.1(b).  
(iv)    A single lump sum payment, which shall be the Eligible Participant’s Actuarially Equivalent Lump Sum Benefit.  If this option is elected, and the Eligible Participant is an active participant in the Arrow Savings Plan, the Eligible Participant may elect to roll over such payment to the Arrow Savings Plan.  
Surviving Spouses and alternate payees who are considered to be Eligible Participants because of the operation of the last paragraph of subparagraph (e)(iii) hereof may elect during the Window Election Period, as the method of payment under the 2019 Window Program, monthly retirement income payable in the life annuity form of retirement benefit described in Paragraph 8.1(a) or the single lump sum payment described in subparagraph (b)(iv) above.
Eligible Participants described in subparagraph (e)(iii)(D) whose Annuity Commencement Dates are on or after September 19, 2018, may only elect during the Window Election Period, as the method of payment under the 2019 Window Program, the single lump sum payment described in subparagraph (b)(iv) above with respect to the remainder of their vested accrued benefit as of the Early Distribution Date.  
(c)    Elections.  Any election under this Paragraph 8.9 shall be in writing on a form approved by the Committee, shall be filed in accordance with such procedures as the Committee shall establish and shall be subject to the written consent of the Eligible Participant’s spouse (as defined in Paragraph 8.1(e)) in accordance with the provisions of Paragraph 8.1(f), if applicable.  If an Eligible Participant who has filed an election under this Paragraph 8.9 becomes legally married prior to the Early Distribution Date, such election shall be subject to such spousal consent requirements. 
(d)    Death Prior to Payment of Window Program Benefit.

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Amendment #4 to 01-01-2015 Restatement of Wyle Electronic Retirement Plan (plan termination    )

(i)    Election of Monthly Retirement Income.  If an Eligible Participant who is legally married on the Early Distribution Date elects a joint and survivor annuity form of benefit under subparagraphs (b)(i), (ii) or (iii) hereof but dies before receipt of any payment pursuant to such election, the percentage of the Preretirement Spousal Death Benefit described in Paragraph 8.3 shall be equal to the elected percentage of the joint and survivor annuity form described in subparagraph (a) or (b) of Paragraph 8.1. If an Eligible Participant who is legally married on the Early Distribution Date elects a life annuity under subparagraph (b)(ii) but dies before receipt of any payment pursuant to such election, the Eligible Participant’s surviving spouse shall receive a Preretirement Spousal Death Benefit for his or her Plan benefit, calculated and paid in accordance with Paragraph 8.3.  If an Eligible Participant is not legally married on the Early Distribution Date, but would otherwise be described in this subparagraph (d)(i), no Plan benefit will be payable to any beneficiary (other than an alternate payee of an Eligible Participant under a QDRO, as defined in Paragraph 11.3, to the extent required by the terms of the applicable QDRO).
(ii)    Election of Single Lump Sum Payment.  If an Eligible Participant who is legally married on the Early Distribution Date makes an election under subparagraph (b)(iv) and dies during the period beginning on the Early Distribution Date and ending 30 days thereafter, without having received any payment, the Eligible Participant’s surviving spouse may elect the payment of benefits hereunder effective as of, and as soon as administratively feasible after, the Early Distribution Date, but in no event later than 30 days after the Early Distribution Date, in the form of a lump sum equal to the Actuarially Equivalent Lump Sum Benefit, in lieu of the Preretirement Spousal Death Benefit described in Paragraph 8.3.  If an Eligible Participant is not legally married on the Early Distribution Date, but would otherwise be described in this subparagraph (d)(ii), the Actuarially Equivalent Lump Sum Benefit will be paid to the Eligible Participant’s estate, except to the extent required by the terms of a QDRO. 
(e)    Definitions.  The following definitions and principles shall apply for purposes of this Paragraph 8.9:
(i)    ‘Actuarially Equivalent Lump Sum Benefit’ means a single sum distribution of equivalent Actuarial Value to the Eligible Participant’s monthly retirement income determined under Paragraph 6.1 (normal retirement benefit) or 4.3 (deferred retirement benefit), whichever is applicable, payable in the form of a single life annuity.  The Actuarial Value of a normal retirement benefit or deferred retirement benefit, as the case may be, shall be determined as of the Early Distribution Date on the basis of the 2019 Window Period Applicable Interest Rate and 2019 Window Period Applicable Mortality Table, as follows:
(A)    ‘2019 Window Period Applicable Interest Rate’ means the average of the spot segment interest rates (i.e., the first, second and third segment rates, based on the monthly corporate bond yield curve ‘spot’ rates (without regard to a 24-month average)) in effect for the September preceding the Plan Year in which occurs the Early Distribution Date.  

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Amendment #4 to 01-01-2015 Restatement of Wyle Electronic Retirement Plan (plan termination    )

(B)    ‘2019 Window Period Applicable Mortality Table’ means the applicable mortality table specified by the Commissioner of Internal Revenue for purposes of Section 417(e) of the Code for the Plan Year in which occurs the Early Distribution Date.  
In the case of an Eligible Participant described in subparagraph (e)(iii)(D) whose Annuity Commencement Date is on or after September 19, 2018, the provisions of this subparagraph (e)(i) shall be applied with respect to the remainder of such Participant’s monthly retirement income payable in the form in which it is being paid as of the Early Distribution Date.  
(ii)    ‘Early Distribution Date’ means a date designated by the Committee to occur as soon as administratively practicable after the last day of the Window Election Period, with actual distribution or commencement of benefits in no event later than 30 days thereafter, unless a later date and payment terms are approved by the Committee with respect to all similarly situated Eligible Participants on account of reasonable administrative delay.  
(iii)     ‘Eligible Participant’ means any Participant who:
(A)    Is vested to any extent in his or her Plan benefit;
(B)     Is living on the Early Distribution Date;
(C)    Is not eligible for a small benefit distribution under Paragraph 8.5 on the Early Distribution Date, based on the Actuarial Value (as determined under subparagraph (e)(i)) of his or her vested benefit under the Plan;
(D)    Has not yet received or commenced receiving distribution of his or her vested accrued benefit prior to the Early Distribution Date, except to the extent that a Participant with an Annuity Commencement Date of September 19, 2018, or later has not received the remainder of his or her vested accrued benefit as of the Early Distribution Date; and
(E)    Is not subject to a QDRO to the extent that such QDRO prohibits him from electing one or more of the options available to such Eligible Participant under this Paragraph 8.9.  
A surviving spouse of a Participant who would be an Eligible Participant but for the requirement of subparagraph (e)(iii)(B) above or an alternate payee of an Eligible Participant under a QDRO shall be considered an Eligible Participant for purposes of the elections described in the last paragraph of subparagraph (b).
(iv)    Notwithstanding the foregoing subparagraph (e)(iii), the following Participants and other individuals are specifically excluded from eligibility under this Paragraph 8.9, even if they would otherwise meet the requirements of subparagraph (e)(iii):

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Amendment #4 to 01-01-2015 Restatement of Wyle Electronic Retirement Plan (plan termination    )

(A)    Any Participant, surviving spouse or alternate payee under a QDRO who is required to have commenced distributions under Section 401(a)(9) of the Code as of the Early Distribution Date;
(B)     Any Participant who had provided a pending draft or issued domestic relations order relating to his or her benefit under the Plan to the Committee prior to receipt of payments under this Section 8.9, with respect to which order the Committee has not made a final determination of its qualified status prior to January 1, 2019;
(C)    Any alternate payee under a pending draft or issued domestic relations order described in subparagraph (e)(iv)(B) above;
(D)    Any Participant, surviving spouse, or alternate payee under a QDRO who could not be located by the Committee prior to the date that is two weeks prior to the last day of the Window Election Period, after a diligent search had been performed;
(E)    Any Participant, surviving spouse or alternate payee under a QDRO whose relevant data had not been validated prior to the date that is two weeks prior to the last day of the Window Election Period, after a reasonable effort by the Committee;
(F)    Any surviving spouse of a Participant who would have been an Eligible Participant but for the requirement of subparagraph (e)(iii)(B) because the Participant’s death occurred at any time prior to the Early Distribution Date;
(G)    Any surviving spouse or alternate payee under a QDRO whose Plan benefit has an actuarial present value of no more than $5,000 on the Early Distribution Date, based on the Actuarial Value (as determined under subparagraph (e)(i)) of his or her Plan benefit;  
(H)    Any surviving spouse or alternate payee under a QDRO who received or commenced receiving distribution of his or her Plan benefit prior to the Early Distribution Date.
(v)    ‘Window Election Period’ means the 45-day period (but including extensions of uniform applicability for similarly situated Eligible Participants as approved by the Committee) designated by the Committee to begin as soon as administratively practicable after the Company receives a favorable determination letter issued by the Internal Revenue Service with respect to the Plan’s termination.  An Eligible Participant may revoke his or her election of an available form of distribution by a written revocation that is received by the Committee any time prior to the Early Distribution Date.    
(f)    Application to Benefits Accrued Under Sylvan Ginsbury, Ltd. Pension Plan.  This Paragraph 8.9 shall apply, but shall not modify either the rules of calculation or 

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Amendment #4 to 01-01-2015 Restatement of Wyle Electronic Retirement Plan (plan termination    )

the optional forms of benefit available, with respect to benefits accrued under the Sylvan Ginsbury, Ltd. Pension Plan prior to its merger into the Plan, as described in the last paragraph of Paragraph 8.1(a).  If a lump sum payment is elected with respect to benefits accrued under the Sylvan Ginsbury, Ltd. Pension Plan, the applicable interest rate and mortality tables indicated in Paragraph 8.6 shall apply.  
(g)    Limited Applicability of the 2019 Window Program.  This Paragraph 8.9 shall have no applicability, and shall create no additional rights to benefits, with respect to any person who is not, or is not considered to be, an Eligible Participant, or with respect to any such individual who fails to make an election during the Window Election Period.”  

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Amendment #4 to 01-01-2015 Restatement of Wyle Electronic Retirement Plan (plan termination    )

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