Document:

EX-4.7

 Exhibit 4.7 

THIS WARRANT AND THE SHARES ISSUABLE HEREUNDER HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, PLEDGED OR
OTHERWISE TRANSFERRED EXCEPT IN ACCORDANCE WITH APPLICABLE LAW. 
 WARRANT TO PURCHASE STOCK 

 

			
	Corporation:	  	FREE STREAM MEDIA CORP.
	Number of Shares:	  	4,000, plus all Additional Shares which Holder is entitled to purchase pursuant to Section 1.7
	Class of Stock:	  	Common Stock
	Initial Exercise Price:	  	$2.64 per share
	Issue Date:	  	January 31, 2019
	Expiration Date:	  	January 31, 2029

 THIS WARRANT CERTIFIES
THAT, for good and valuable consideration, the receipt of which is hereby acknowledged, PACIFIC WESTERN BANK or its assignee or transferee
(“Holder”) is entitled to purchase the number of fully paid and nonassessable shares of the class of securities (the “Shares”) of the corporation (the
“Company”) at the initial exercise price per Share (the “Warrant Price”) all as set forth above and as adjusted pursuant to Article 2 of this warrant, subject to the
provisions and upon the terms and conditions set forth in this warrant. Reference is made to Section 4.4 of this warrant, whereby Pacific Western Bank shall transfer this warrant to its parent company, PacWest Bancorp. Capitalized terms not
otherwise defined herein shall have the meaning assigned to them in that certain Loan and Security Agreement of even date herewith between the Company and Holder (as amended, the “Loan Agreement”).  

ARTICLE 1 
 EXERCISE

 1.1 Method of Exercise. Holder may exercise this warrant by delivering this warrant and a duly executed Notice of
Exercise in substantially the form attached as Appendix 1 to the principal office of the Company. Unless Holder is exercising the conversion right set forth in Section 1.2, Holder shall also deliver to the Company a check for the aggregate
Warrant Price for the Shares being purchased. 
 1.2 Conversion Right. In lieu of exercising this warrant as specified in
Section 1.1, Holder may from time to time convert this warrant, in whole or in part, into a number of Shares determined by dividing (a) the aggregate fair market value of the Shares or other securities otherwise issuable upon exercise of
this warrant minus the aggregate Warrant Price of such Shares by (b) the fair market value of one Share. The fair market value of the Shares shall be determined pursuant to Section 1.3. 

1.3 Fair Market Value. If the Shares are traded regularly in a public market, the fair market value of the Shares shall be the
closing price of the Shares (or the closing price of the Company’s stock into which the Shares are convertible) reported for the business day immediately before Holder delivers its Notice of Exercise to the Company. If the Shares are not
regularly traded in a public market, the Board of Directors of the Company shall determine fair market value in its reasonable good faith judgment. 

 1.4 Delivery of Certificate and New Warrant. Promptly after Holder exercises
or converts this warrant, the Company shall deliver to Holder certificates for the Shares acquired and, if this warrant has not been fully exercised or converted and has not expired, a new warrant representing the Shares not so acquired. 

1.5 Replacement of Warrants. On receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction or
mutilation of this warrant and, in the case of loss, theft or destruction, on delivery of an indemnity agreement reasonably satisfactory in form and amount to the Company or, in the case of mutilation, on surrender and cancellation of this warrant,
the Company at its expense shall execute and deliver, in lieu of this warrant, a new warrant of like tenor. 
 1.6 Treatment of Warrant
Upon Acquisition of the Company. 
 1.6.1 “Acquisition.” For the purpose of
this warrant, “Acquisition” means (a) any sale, license, or other disposition of all or substantially all of the assets (including intellectual property) of the Company, or (b) any reorganization, consolidation, merger or sale of
the voting securities of the Company or any other transaction where the holders of the Company’s securities before the transaction beneficially own less than 50% of the outstanding voting securities of the surviving entity after the
transaction. 
 1.6.2 Exercise Upon Acquisition. Upon the closing of any Acquisition in which the consideration to be received
by the Company’s stockholders consists of cash, marketable securities, or a combination of both cash and marketable securities, this warrant shall be deemed to have been automatically converted pursuant to Section 1.2, and thereafter
Holder shall participate in the Acquisition on the same terms as other holders of the same class of securities of the Company. 
 1.6.3
Assumption of Warrant. Upon the closing of any Acquisition not referred to in Section 1.6.2, the successor entity shall assume the obligations of this warrant, and this warrant shall thereafter be exercisable for the same securities
and/or other property as would have been paid for the Shares issuable upon exercise of the unexercised portion of this warrant as if such Shares were outstanding on and as of the closing of such Acquisition, subject to further adjustment from time
to time in accordance with the provisions of this warrant. 
 1.7 Additional Shares. Upon the first occurrence of the
Availability Amount ceasing to exceed the Obligations, the Company shall be deemed to have automatically granted to Holder, in addition to the number of Shares which this Warrant can otherwise be exercised for by Holder, the right to purchase 3,000
additional Shares, subject to adjustment in accordance with Section 2 below (such additional shares being called the “Additional Shares”). “Availability Amount”
means the sum of: (A) aggregate cash balances in the Company’s accounts at Holder, and (B) (i) the lesser of (x) the Revolving Line or (y) the amount available under the Borrowing Base, minus (ii) the outstanding
principal balance of any Advances. 

  
 2. 

 ARTICLE 2 

ADJUSTMENTS TO THE SHARES 

2.1 Stock Dividends, Splits, Etc. If the Company declares or pays a dividend on its common stock payable in common stock, or other
securities, or subdivides the outstanding common stock into a greater amount of common stock, then upon exercise of this warrant, for each Share acquired, Holder shall receive, without cost to Holder, the total number and kind of securities to which
Holder would have been entitled had Holder owned the Shares of record as of the date the dividend or subdivision occurred. 
 2.2
Reclassification, Exchange or Substitution. Upon any reclassification, exchange, substitution, or other event that results in a change of the number and/or class of the securities issuable upon exercise or conversion of this warrant, Holder
shall be entitled to receive, upon exercise or conversion of this warrant, the number and kind of securities and property that Holder would have received for the Shares if this warrant had been exercised immediately before such reclassification,
exchange, substitution, or other event. Such an event shall include any automatic conversion of the outstanding or issuable securities of the Company of the same class or series as the Shares to common stock pursuant to the terms of the
Company’s Articles of Incorporation upon the closing of a registered public offering of the Company’s common stock. The Company or its successor shall promptly issue to Holder a new warrant for such new securities or other property. The
new warrant shall provide for adjustments which shall be as nearly equivalent as may be practicable to the adjustments provided for in this Article 2 including, without limitation, adjustments to the Warrant Price and to the number of securities or
property issuable upon exercise of the new warrant. The provisions of this Section 2.2 shall similarly apply to successive reclassifications, exchanges, substitutions, or other events. 

2.3 Adjustments for Combinations, Etc. If the outstanding Shares are combined or consolidated, by reclassification or otherwise, into a
lesser number of shares, the Warrant Price shall be proportionately increased. If the outstanding Shares are split or subdivided, by reclassification or otherwise, into a greater number of shares, the Warrant Price shall be proportionately
decreased. 
 2.4 Reserved. 

2.5 Certificate as to Adjustments. Upon each adjustment of the Warrant Price, the Company at its expense shall promptly compute such
adjustment, and furnish Holder with a certificate of its Chief Financial Officer setting forth such adjustment and the facts upon which such adjustment is based. The Company shall, upon written request, furnish Holder a certificate setting forth the
Warrant Price in effect upon the date thereof and the series of adjustments leading to such Warrant Price. 
 2.6 Fractional Shares.
No fractional Shares shall be issuable upon exercise or conversion of the warrant and the Number of Shares to be issued shall be rounded down to the nearest whole Share. If a fractional share interest arises upon any exercise or conversion of
the warrant, the Company shall eliminate such fractional share interest by paying Holder the amount computed by multiplying the fractional interest by the fair market value of a full Share. 

  
 3. 

 ARTICLE 3 

REPRESENTATIONS AND COVENANTS OF THE COMPANY 

3.1 Representations and Warranties. The Company hereby represents and warrants to the Holder as follows: 

(a) The initial Warrant Price referenced on the first page of this warrant is not greater than the fair market value of the Shares
determined in accordance with Section 1.3 as of the date of this warrant. 
 (b) All Shares which may be issued upon the exercise
of the purchase right represented by this warrant, and all securities, if any, issuable upon conversion of the Shares, shall, upon issuance, be duly authorized, validly issued, fully paid and nonassessable, and free of any liens and encumbrances
except for restrictions on transfer provided for herein, or under applicable federal and state securities laws. 
 (c) The
Company’s capitalization table attached to this warrant is true and complete as of the Issue Date. 
 3.2 Notice of Certain
Events. The Company shall provide Holder with not less than 10 days prior written notice of, including a description of the material facts surrounding, any of the following events: (a) declaration of any dividend or distribution upon its
common stock, whether in cash, property, stock, or other securities and whether or not a regular cash dividend; (b) offering for subscription pro rata to the holders of any class or series of its stock any additional shares of stock of any
class or series or other rights; (c) effecting any reclassification or recapitalization of common stock; or (d) the merger or consolidation with or into any other corporation, or sale, lease, license, or conveyance of all or substantially
all of its assets, or liquidation, dissolution or winding up. 
 3.3 Information Rights. Without duplication with the
reporting requirements set forth in the Loan Agreement, so long as the Holder holds this warrant and/or any of the Shares, the Company shall deliver to the Holder (a) promptly after mailing, copies of all communiques to the shareholders of the
Company, (b) within one hundred eighty (180) days after the end of each fiscal year of the Company, the annual CPA-audited or reviewed financial statements of the Company certified by independent public
accountants of recognized standing in the case of CPA audited financials (such level of review to be determined by the Company’s Board of Directors), and (c) within forty-five (45) days after the end of each of the first three
quarters of each fiscal year, the Company’s quarterly, unaudited financial statements. 
 3.4 Registration Under Securities Act of
1933, as amended. The Company agrees that the Shares shall be “Registrable Securities”, and Holder shall be a “Holder” under the Rights Agreement solely for purposes of the Form S-3
rights set forth in Section 1.4 of the Rights Agreement and the “piggyback” registration rights set forth in Section 1.3 of the Rights Agreement, to the same extent and on the same terms and conditions, with the same limitations
and obligations, as possessed by the investors thereunder with the following exceptions and clarifications: (i) Holder will have no right to make a written request under the Rights Agreement that Company file a registration statement under Form
S-1 of the Securities Act; (ii) Holder will be subject to the same provisions regarding indemnification as contained in the Rights Agreement; (iii) the registration rights are freely assignable by
Holder of this warrant in connection with a permitted transfer of this warrant or the Shares issuable upon exercise hereof, subject to the requirements of Section 1.11 of the Rights Agreement; and (iv) Holder may only include the Shares in
any such registration only to the extent that the inclusion of such securities will not reduce the amount of the Registrable Securities held by parties to the Rights Agreement that are included. Company shall take such action as may be reasonably
necessary to assure that the granting of such registration rights to Holder does not violate the provisions of the Rights Agreement or any of Company’s charter documents or rights of prior grantees of registration rights. 

  
 4. 

 ARTICLE 4 

REPRESENTATIONS OF THE HOLDER 

4.1 Representations and Warranties. The Holder hereby represents and warrants, as of the Issue Date, to the Company as follows in
connection with the issuance of this warrant and the Shares (collectively, the “Securities”):  
 (a)
The Holder agrees that the Shares shall be subject to the Market Standoff provisions in Section 1.13 of the Rights Agreement. 
 (b)
Holder is aware of the Company’s business affairs and financial condition, and has acquired sufficient information about the Company to reach an informed and knowledgeable decision to acquire the Securities. Holder is purchasing the Securities
for its own account for investment purposes only, not as a nominee or agent, and not with a view towards, or for resale in connection with, any “distribution” thereof for purposes of the Securities Act of 1933, as amended (the
“Securities Act”). Holder has such knowledge and experience in financial business matters and Holder is capable of evaluating the merits and risks of the purchase of the Securities and of protecting its
interests in connection therewith. 
 (c) Holder understands that the Securities have not been registered under the Securities Act in
reliance upon a specific exemption therefrom, which exemption depends upon, among other things, the bona fide nature of Holder’s investment intent as expressed herein. 

(d) Holder further understands that the Securities must be held indefinitely, and Holder must therefore bear the economic risk therewith,
unless the Securities are subsequently registered under the Securities Act or unless an exemption from registration is otherwise available. In addition, Holder understands that the certificate evidencing the Securities will be imprinted with a
legend which prohibits the transfer of the Securities unless they are registered or such registration is not required. 
 (e) Holder is
familiar with the provisions of Rule 144, promulgated pursuant to the Securities Act, which, in substance, permits limited public resale of “restricted securities” acquired, directly or indirectly, from the issuer thereof, in a non-public offering subject to the satisfaction of certain conditions. 

  
 5. 

 (f) The Securities may be resold in certain limited circumstances subject to the provisions
of Rule 144, which requires, among other things, the existence of a public market for the Securities, the availability of certain current public information about the Company, the resale occurring not less than one year after a party has purchased
and paid for the security to be sold, the sales being effected through a “broker’s transaction” or in transactions directly with a “market maker” and the number of securities being sold during any three-month period not
exceeding specified limitations. 
 (g) Holder further understands that in the event that all of the applicable requirements of Rule 144 are
not satisfied, registration under the Securities Act, compliance with Regulation A, or some other registration exemption will be required. 

(h) Holder is an “accredited investor” as defined in Rule 501(a) of Regulation D promulgated under the Securities Act. 

ARTICLE 5 

MISCELLANEOUS 
 5.1
Term: Exercise Upon Expiration. This warrant is exercisable in whole or in part, at any time and from time to time on or before the Expiration Date set forth above. If this warrant has not been exercised prior to the Expiration Date, this
warrant shall be deemed to have been automatically exercised on the Expiration Date by “cashless” conversion pursuant to Section 1.2. 

5.2 Legends. This warrant and the Shares (and the securities issuable, directly or indirectly, upon conversion of the Shares, if any)
shall be imprinted with one or more of the following legends: (a) any legend set forth in, or required by, the Restated Certificate of Incorporation and/or the Bylaws of the Company to the extent applicable to the Shares; (b) any legend
required by the securities laws of any state to the extent such laws are applicable to the Shares represented by the certificate so legended; and (c) the following legend: 

THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT IN ACCORDANCE
WITH APPLICABLE LAW. 
 THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A 180 DAY MARKET STAND-OFF
RESTRICTION AS SET FORTH IN A CERTAIN AGREEMENT BETWEEN THE ISSUER AND THE ORIGINAL HOLDER OF THESE SHARES, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE ISSUER. AS A RESULT OF SUCH AGREEMENT, THESE SHARES MAY NOT BE TRADED PRIOR TO
180 DAYS AFTER THE EFFECTIVE DATE OF THE INITIAL PUBLIC OFFERING OF THE COMMON STOCK OF THE ISSUER HEREOF. SUCH RESTRICTION IS BINDING ON TRANSFEREES OF THESE SHARES. 

  
 6. 

 5.3 Compliance with Securities Laws on Transfer. This warrant and the Shares issuable
upon exercise of this warrant (and the securities issuable, directly or indirectly, upon conversion of the Shares, if any) may not be transferred or assigned in whole or in part without compliance with applicable federal and state securities laws by
the transferor and the transferee. The Company shall not require Holder to provide an opinion of counsel if the transfer is to PacWest Bancorp or any other affiliate of Holder or if there is no material question as to the availability of current
information as referenced in Rule 144(c), Holder represents that it has complied with Rule 144 (d) and (e) in reasonable detail, the selling broker represents that it has complied with Rule 144(f), and the Company is provided with a copy of
Holder’s notice of proposed sale. 
 5.4 Transfer Procedure. After receipt by Pacific Western Bank of this warrant, Pacific
Western Bank will transfer all of this warrant to its parent company, PacWest Bancorp. Subject to the provisions of Section 4.3, Holder may transfer all or part of this warrant or the Shares issuable upon exercise of this warrant (or the
securities issuable, directly or indirectly, upon conversion of the Shares, if any) by giving the Company notice of the portion of the warrant being transferred setting forth the name, address and taxpayer identification number of the transferee and
surrendering this warrant to the Company for reissuance to the transferee(s) (and Holder, if applicable). No surrender or reissuance shall be required for the transfer to PacWest Bancorp or a transfer to any other affiliate of Holder. 

5.5 Notices. All notices and other communications from the Company to the Holder, or vice versa, shall be deemed delivered and
effective when given personally or mailed by first-class registered or certified mail, postage prepaid, at such address as may have been furnished to the Company or the Holder, as the case may be, in writing by the Company or such Holder from time
to time. All notices to the Holder shall be addressed as follows: 
 PacWest Bancorp 

Attn: Warrant Administrator 
 406
Blackwell Street, Suite 240 
 Durham, NC 27701 

5.6 Amendments. This warrant and any term hereof may be changed, waived, discharged or terminated only by an instrument in writing
signed by the party against which enforcement of such change, waiver, discharge or termination is sought. 
 5.7 Attorneys’ Fees.
In the event of any dispute between the parties concerning the terms and provisions of this warrant, the party prevailing in such dispute shall be entitled to collect from the other party all costs incurred in such dispute, including reasonable
attorneys’ fees. 
 5.8 Governing Law. This warrant shall be governed by and construed in accordance with the laws of the State
of Delaware, without giving effect to its principles regarding conflicts of law. 
 [Signature Page Follows] 

  
 7. 

 IN WITNESS WHEREOF, the undersigned has executed this Warrant to Purchase Stock as of the date set forth
above. 
  

			
	FREE STREAM MEDIA CORP.
		
	By:	 	 /s/ Ashwin Navin

	Name:	 	Ashwin Navin
	Title:	 	CEO

 [Signature Page to Warrant to Purchase Stock] 

 APPENDIX 1 

NOTICE OF EXERCISE 

1. The undersigned hereby elects to purchase
                     shares of the
                     stock of FREE STREAM MEDIA CORP. pursuant to the terms of the attached warrant, and tenders herewith
payment of the purchase price of such shares in full. 
 1. The undersigned hereby elects to convert the attached warrant into shares
in the manner specified in the warrant. This conversion is exercised with respect to                      of the shares covered by the
warrant. 
 [Strike paragraph that does not apply.] 

2. Please issue a certificate or certificates representing said shares in the name of the undersigned or in such other name as is
specified below: 
  

	
	  

	(Holder’s Name)
	
	  

	  

	(Address)

 3. The undersigned represents it is acquiring the shares solely for its own account and not as a
nominee for any other party and not with a view toward the resale or distribution thereof except in compliance with applicable securities laws. 
  

	
	PACWEST BANCORP or Registered Assignee
	
	  

	(Signature)
	
	  

	(Date)EX-4.8

 Exhibit 4.8 

NEITHER THIS WARRANT NOR THE SECURITIES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
“ACT”), OR UNDER THE SECURITIES LAWS OF APPLICABLE STATES. THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND MAY NOT BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER THE ACT AND THE APPLICABLE STATE
SECURITIES LAWS, PURSUANT TO REGISTRATION UNDER SUCH LAWS OR EXEMPTION FROM SUCH REGISTRATION REQUIREMENTS. INVESTORS SHOULD BE AWARE THAT THEY MAY BE REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF TIME. THE
ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER TO THE EFFECT THAT ANY PROPOSED TRANSFER OR RESALE IS IN COMPLIANCE WITH THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS. 

FREE STREAM MEDIA CORP. 

WARRANT TO PURCHASE STOCK 
  

			
	Warrant No.:                     	  	Issued on                      , 2020
		  	Void after April         , 2025

 This certifies that in consideration of the sum of (i) One Dollar ($1.00) plus (ii)
                                        
Dollars ($                    ) previously paid to Free Stream Media Corp. (d/b/a Samba TV), a Delaware corporation (the
“Company”), with principal offices at 123 Townsend Street, Suite 500, San Francisco, CA 94107, receipt of which is hereby acknowledged,
                                        
or its registered assigns (the “Holder”) is entitled, subject to the terms and conditions of this Warrant, to purchase from the Company at a price per share equal to the Warrant Price at any time prior to the Expiration Date, up to
that number of shares of Warrant Stock equal to the Maximum Purchase Amount divided by the Original Issue Price (as defined in the Company’s Restated Certificate of Incorporation) of the shares of Warrant Stock, upon surrender of this Warrant
at the principal offices of the Company, together with a duly executed subscription form in the form attached hereto as Exhibit 1 and simultaneous payment of an amount equal to the product obtained by multiplying the Warrant Price by the
number of shares of Warrant Stock so purchased in lawful money of the United States, or if permitted, by an election to net exercise as set forth in Section 2.6. The Warrant Price and the number and character of shares of Warrant Stock
purchasable under this Warrant are subject to adjustment as provided herein. 
 This Warrant has been issued pursuant to that certain Note
and Warrant Purchase Agreement dated as of April __, 2020 (the “Purchase Agreement”), by and among the Company, the original holder of this Warrant and certain other investors, and is subject to the provisions thereof. 

1. DEFINITIONS. The following definitions shall apply for purposes of this Warrant: 

“Affiliate” has the meaning ascribed to it in Rule 144 promulgated under the Securities Act. 

 “Business Day” means a weekday on which banks are open for
general banking business in San Francisco, California. 
 “Company” shall include, in addition to the Company identified in
the opening paragraph of this Warrant, any corporation or other entity that succeeds to the Company’s obligations under this Warrant, whether by permitted assignment, by merger or consolidation or otherwise. 

“Expiration Date” means 5:00 p.m. Pacific Time on May __, 2025 or such earlier date and time on which the Warrant ceases to
be exercisable as provided in Section 4. 
 “Initial Public Offering” means a firm commitment underwritten public
offering pursuant to an effective registration statement filed under the Securities Act covering the offer and sale of the Company’s Common Stock for the account of the Company. 

“Liquidation Event” has the meaning ascribed to it in the Note. 

“Maximum Purchase Amount” means fifty percent (50%) of the principal amount of the Note. 

“Next Equity Financing” has the meaning ascribed to it in the Note. 

“Note” means the Convertible Promissory Note(s) initially payable to the initial Holder hereof and issued under the Purchase
Agreement. 
 “Notes” means a series of Convertible Promissory Notes aggregating up to $15,000,000 in principal amount
issued under the Purchase Agreement, each containing substantially identical terms and conditions. 
 “Purchase Amount”
means, at a given time, an amount equal to the Maximum Purchase Amount less the aggregate amount previously paid to the Company for the purchase of Warrant Stock upon exercise of this Warrant. 

“Person” means an individual, corporation, limited liability company, partnership, association, joint-stock company, trust,
unincorporated organization, joint venture or other entity or any governmental authority. 
 “Securities Act” means the
Securities Act of 1933, as amended. 
 “Warrant” means this Warrant and any warrant(s) delivered in substitution or
exchange therefor, as provided herein. 
 “Warrants” means a series of warrants to purchase the Company’s Series B
Preferred Stock issued under the Purchase Agreement, of which this Warrant is one, each such warrant containing substantially identical terms and conditions as this Warrant. 

“Warrant Price” means (a) $0.01 per share. The Warrant Price is subject to adjustment as provided herein. 

  
 2 

 “Warrant Stock” means the Company’s Series B Preferred Stock. The
number of shares of Warrant Stock are subject to adjustment as provided herein and the term “Warrant Stock” shall include stock and other securities and property at any time receivable or issuable upon exercise of this Warrant taking into
account all such adjustments. 
 2. EXERCISE. 

2.1 Method of Exercise. Subject to the terms and conditions of this Warrant, Holder may exercise this Warrant in whole or
in part, at any time or from time to time, on any Business Day after the date of this Warrant and before the Expiration Date, for up to that number of shares of Warrant Stock that is obtained by dividing the Purchase Amount by the then effective
Original Issue Price of the shares of Warrant Stock. This Warrant shall be exercised by surrendering this Warrant at the principal offices of the Company, with the subscription form attached hereto as Exhibit 1 duly executed by Holder, and by
payment in a form specified in Section 2.2 of an amount equal to the product obtained by multiplying (i) the number of shares of Warrant Stock to be purchased by Holder by (ii) the Warrant Price as determined in accordance with the
terms hereof or, if applicable, an election to net exercise the Warrant as provided in Section 2.6 for the number of shares to be acquired in connection with such exercise. Holder may deliver the subscription form attached hereto as Exhibit
1 duly executed by Holder in order to exercise this Warrant in connection with an Initial Public Offering or a Liquidation Event, with the exercise and payment to be contingent upon consummation of the transaction. 

2.2 Form of Payment. Subject to the provisions of Section 4, payment for the Warrant Stock upon exercise may be made
by (a) a check payable to the Company’s order, (b) wire transfer of funds to the Company, (c) cancellation of indebtedness of the Company to Holder, (d) by net exercise as provided in Section 2.6, or (e) any combination
of the foregoing. 
 2.3 Partial Exercise. Upon a partial exercise of this Warrant: (a) the Purchase Amount
immediately prior to such partial exercise shall be reduced by the aggregate Purchase Amount of such partial exercise, and (b) this Warrant shall be cancelled and replaced with a new Warrant of like tenor in which the stated Maximum Purchase
Amount is the Purchase Amount as so reduced. 
 2.4 No Fractional Shares. No fractional shares may be issued upon any
exercise of this Warrant. If upon exercise of this Warrant in whole or in part, a fraction of a share would otherwise result, then in lieu of such fractional share, the Company shall pay to Holder an amount in cash equal to such fraction of a share
multiplied by the applicable Warrant Price. 
 2.5 Restrictions on Exercise. This Warrant may not be exercised if the
issuance of the Warrant Stock upon such exercise would constitute a violation of any applicable federal or state securities laws or other laws or regulations. As a condition to the exercise of this Warrant, Holder shall execute the subscription form
attached hereto as Exhibit 1, confirming and acknowledging that the representations and warranties of the original Holder set forth in Section 4 of the Purchase Agreement are true and complete as of the date of exercise. 

  
 3 

 2.6 Net Exercise Election. 

2.6.1 Holder may elect to convert all or any portion of this Warrant, without the payment by Holder of any additional consideration, by the
surrender of this Warrant to the Company, with the net exercise election selected in the subscription form attached hereto, duly executed by Holder, into up to the number of shares of Warrant Stock that is obtained under the following formula: 

X = Y (A-B) 

        A 
  

							
	where	  	X	  	=	  	the number of shares of Warrant Stock to be issued to Holder pursuant to a net exercise of this Warrant effected pursuant to this Section 2.6.
				
		  	Y	  	=	  	the Purchase Amount divided by the Warrant Price.
				
		  	A	  	=	  	the fair market value of one share of Warrant Stock, determined at the time of such net exercise as set forth in the last paragraph of this Section 2.6.
				
		  	B	  	=	  	the Warrant Price.

 The Company will promptly respond in writing to an inquiry by Holder as to the then current fair market value of one share of
Warrant Stock. 
 2.6.2 For purposes of the above calculation, fair market value of one share of Warrant Stock shall be determined by the
Company’s Board of Directors in good faith; provided, however, that if on the relevant exercise date for which such value must be determined, a public market for the Company’s Common Stock
exists, then the fair market value per share of the Warrant Stock shall be determined by reference to the market price of the Common Stock by multiplying the number of shares of Common Stock into which each share of Warrant Stock is convertible at
the time of such exercise by: (a) if the Warrant is being exercised in connection with the Company’s initial public offering, the per-share offering price to the public as set forth in the
Company’s final prospectus filed with the Securities and Exchange Commission or (b) otherwise, the average of (i) the closing bid and asked prices of the Common Stock quoted in the Over-The-Counter Market Summary or (ii) the last reported sale price of the Common Stock or the closing price quoted on the Nasdaq National Market or on any exchange on which the Common Stock is listed,
whichever is applicable, as published in the Western Edition of The Wall Street Journal for the five (5) trading days prior to the date as of which the value of the fair market value is to be determined. 

3. ISSUANCE OF STOCK. Except as set forth in Section 4, this Warrant shall be deemed to have been exercised
immediately prior to the close of business on the date of its surrender for exercise as provided above, and the person entitled to receive the shares of Warrant Stock issuable upon such exercise shall be treated for all purposes as the holder of
record of such shares as of the close of business on such date. As soon as practicable on or after such date, the Company shall issue and deliver to the person or persons entitled to receive the same a certificate or certificates for the number of
whole shares of Warrant Stock issuable upon such exercise, together with payment of any fractional shares pursuant to Section 2.4. 

  
 4 

 4. EXERCISES IN CONNECTION WITH CERTAIN TRANSACTIONS. If the
Company proposes at any time to effect a Liquidation Event or an Initial Public Offering, the Company shall give the Holder at least ten (10) days advance written notice (each, a “Transaction Notice”) of the anticipated closing
date for such Liquidation Event or the anticipated initial closing date for such Initial Public Offering, as applicable. 
 If pursuant to a
Transaction Notice, Holder has not elected to exercise this Warrant under Section 2.1 in connection with (a) a Liquidation Event, or (b) an Initial Public Offering, as applicable, then upon the effective date of the Liquidation Event
or the initial closing of the Initial Public Offering, as applicable, this Warrant shall automatically be deemed net exercised in full pursuant to Section 2.6 above and thereafter shall no longer be deemed exercisable and shall terminate. 

If this Warrant remains outstanding as of the Expiration Date, then at such time this Warrant shall automatically be deemed net exercised in
full pursuant to Section 2.6 above immediately prior to the termination of this Warrant, unless the Holder shall have earlier provided written notice to the Company that the Holder desires that this Warrant terminate unexercised. 

5. ADJUSTMENT PROVISIONS. The number and character of shares of Warrant Stock issuable upon exercise of this
Warrant and the Warrant Price therefor, are subject to adjustment upon each event in Sections 5.1 through 5.4 occurring between the date this Warrant is issued and earlier of the time that it is exercised in full or the Expiration Date: 

5.1 Adjustment for Stock Splits and Stock Dividends. The Warrant Price and the number of shares of Warrant Stock for which
this Warrant remains exercisable shall each be proportionally adjusted to reflect any stock dividend, stock split, reverse stock split or other similar event affecting the number of outstanding shares of Warrant Stock. 

5.2 Adjustment for Other Dividends and Distributions. In case the Company shall make or issue, or shall fix a record date
for the determination of eligible holders entitled to receive a dividend or other distribution payable with respect to the Warrant Stock that is payable in (a) securities of the Company (other than issuances with respect to which adjustment is
made under Section 5.1 or Section 5.3) or (b) assets (other than cash) which dividend or distribution is actually made (each a “Dividend Event”), then, and in each such case, Holder, upon exercise of this Warrant at
any time after such Dividend Event, shall receive, in addition to the shares of Warrant Stock, the securities or such other assets of the Company that would have been payable to Holder if Holder had completed such exercise of this Warrant,
immediately prior to such Dividend Event. 
 5.3 Adjustment for Reorganization, Consolidation, Merger. (a) In case
of any recapitalization or reorganization of the Company or (b) in case the Company shall consolidate with or merge into one or more other corporations or entities which results in a change of the Warrant Stock, other than in connection with a
Liquidation Event (each, a “Reorganization Event”), then, and in each such case, Holder, upon the exercise of this Warrant after such Reorganization Event shall be entitled to receive, in lieu of the stock or other securities and
property that Holder would have been entitled to receive upon such exercise prior to such Reorganization Event, the stock or other securities or property which Holder would have been entitled to receive upon such Reorganization Event if, immediately
prior to such Reorganization Event, Holder had completed such exercise of this Warrant, all subject to further adjustment as provided in this Warrant. If after such Reorganization Event, the Warrant is exercisable for securities of a corporation or
entity other than the Company, then such corporation or entity shall duly execute and deliver to Holder a supplement hereto acknowledging such corporation’s or other entity’s obligations under this Warrant; and in each such case, the terms
of this Warrant shall be applicable to the shares of stock or other securities or property receivable upon the exercise of this Warrant after the consummation of such Reorganization Event. 

  
 5 

 5.4 Conversion of Stock. In case all (a) the authorized Warrant
Stock is converted, pursuant to the Company’s Certificate of Incorporation, into Common Stock or other securities or property, or (b) the Warrant Stock otherwise ceases to exist or to be authorized by the Company’s Certificate of
Incorporation (each, a “Stock Event”), then Holder, upon exercise of this Warrant at any time after such Stock Event, shall receive, in lieu of the number of shares of Warrant Stock that would have been issuable upon exercise of
this Warrant immediately prior to such Stock Event, the stock and other securities and property that Holder would have been entitled to receive upon the Stock Event, if, immediately prior to such Stock Event, Holder had completed such exercise of
this Warrant. 
 5.5 Notice of Adjustments. The Company shall promptly give written notice of each adjustment under
Section 5 of the Warrant Price or the number of shares of Warrant Stock or other securities that remain issuable upon exercise of this Warrant. The notice shall describe the adjustment and show in reasonable detail the facts on which the
adjustment or readjustment is based. 
 5.6 No Change Necessary. The form of this Warrant need not be changed because of
any adjustment in the Warrant Price or in the number of shares of Warrant Stock issuable upon its exercise. 
 5.7 Reservation
of Stock. If the number of shares of Warrant Stock or other securities issuable upon exercise of this Warrant that are authorized and unissued under the Company’s Certificate of Incorporation shall not be sufficient to effect the
exercise of this Warrant in full, the Company will promptly take such corporate action as may, in the opinion of its counsel, be necessary to increase its authorized but unissued shares of Warrant Stock or other securities issuable upon exercise of
this Warrant as shall be sufficient for such purpose. 
 6. PROVISIONS RELATING TO STOCKHOLDER RIGHTS. 

6.1 “Market Stand-Off” Agreement. Holder hereby agrees that Holder shall
not, to the extent requested by the Company or an underwriter of securities of the Company, sell or otherwise transfer or dispose of any shares of Warrant Stock (other than to donees or partners of Holder who agree to be similarly bound) for up to
one hundred eighty (180) days following the effective date of a registration statement of the Company filed under the Securities Act; provided, however, that: 

  
 6 

 (a) such agreement shall be applicable only to the first such registration
statement of the Company which covers securities to be sold on its behalf to the public in an underwritten offering, but not to securities sold pursuant to such registration statement; and 

(b) all executive officers and directors of the Company then holding Common Stock of the Company, and each employee stockholder
who holds in the aggregate at least 1% of the then outstanding Common Stock of the Company on an asconverted basis, enter into similar agreements. 
 For
purposes of this Section 6.1, the term “Company” shall include any wholly-owned subsidiary of the Company into which the Company merges or consolidates. In order to enforce the foregoing covenant, the Company shall have the
right to place restrictive legends on the certificates representing the securities of the Company subject to this Section and to impose stop transfer instructions with respect to the securities of the Company held by Holder (and the shares or
securities of every other person subject to the foregoing restriction) until the end of such period. Holder further agrees to enter into any agreement reasonably required by the underwriters to implement the foregoing within any reasonable time
period so requested. 
 6.2 No Voting or Other Rights. This Warrant does not entitle Holder to any voting rights or
other rights as a stockholder of the Company, unless and until (and only to the extent that) this Warrant is actually validly exercised for shares of the Company’s capital stock in accordance with its terms. In the absence of valid exercise of
this Warrant, no provisions of this Warrant, and no enumeration herein of the rights or privileges of Holder, shall cause Holder to be a stockholder of the Company for any purpose. 

7. REPRESENTATIONS AND WARRANTIES OF HOLDER 

In order to induce the Company to issue this Warrant to the original Holder, the original Holder has made representations and warranties to the
Company as set forth in the Purchase Agreement. 
 8. GENERAL PROVISIONS. 

8.1 Attorneys’ Fees. In the event any party is required to engage the services of any attorneys for the
purpose of enforcing this Warrant, or any provision thereof, the prevailing party shall be entitled to recover its reasonable expenses and costs in enforcing this Warrant, including attorneys’ fees. 

8.2 Transfer. Neither this Warrant nor any rights hereunder may be assigned, conveyed or transferred, in whole or
in part, without the Company’s prior written consent, which the Company may withhold in its sole discretion; provided, however, that this Warrant may be assigned, conveyed or transferred without the prior
written consent of the Company to any Affiliate of Holder who (a) executes and delivers an acknowledgement that such transferee agrees to be subject to, and bound by, all the terms and conditions of this Warrant, (b) makes the
representations and warranties to the Company that are set forth in Section 6 of the Purchase Agreement, and (c) (if requested by the Company) delivers to the Company an opinion of legal counsel, reasonably satisfactory to the Company, that
such transfer complies with state and federal securities laws. Subject to the foregoing, the rights and obligations of the Company and Holder under this Warrant and the Purchase Agreement shall be binding upon and benefit their respective permitted
successors, assigns, heirs, administrators and transferees. 

  
 7 

 8.3 Governing Law. This Warrant shall be governed by and
construed under the internal laws of the State of California as applied to agreements among California residents entered into and to be performed entirely within California, without reference to principles of conflict of laws or choice of laws. 

8.4 Headings. The headings and captions used in this Warrant are used only for convenience and are not to be
considered in construing or interpreting this Warrant. All references in this Warrant to sections and exhibits shall, unless otherwise provided, refer to sections hereof and exhibits attached hereto, all of which exhibits are incorporated herein by
this reference. 
 8.5 Notices. Unless otherwise provided herein, any notice required or permitted under this
Warrant shall be given in writing and shall be deemed effectively given (a) at the time of personal delivery, if delivery is in person; (b) one (1) Business Day after deposit with an express overnight courier for United States deliveries,
or three (3) Business Days after deposit with an international express overnight air courier for deliveries outside of the United States, in each case with proof of delivery from the courier requested; or (c) four (4) Business Days after
deposit in the United States mail by certified mail (return receipt requested) for United States deliveries, when addressed to the party to be notified at the address indicated for such party in Section 11(e) of the Purchase Agreement, or at
such other address as any party hereto may designate by giving ten (10) days’ advance written notice to all other parties in accordance with the provisions of this Section. 

8.6 Amendment; Waiver. This Warrant and all other Warrants issued under the Purchase Agreement may be amended and
provisions may be waived by the warrant holders and the Company as provided in Section 11(c) of the Purchase Agreement. Any amendment or waiver effected in accordance with Section 11(c) of the Purchase Agreement shall be binding upon each
holder of any Warrants at the time outstanding, each future holder of the Warrants and the Company. 
 8.7
Severability. If one or more provisions of this Warrant are held to be unenforceable under applicable law, then such provision(s) shall be excluded from this Warrant to the extent they are unenforceable and the remainder of
the Warrant shall be interpreted as if such provision(s) were so excluded and shall be enforceable in accordance with its terms. 

[Signature page follows] 

  
 8 

 IN WITNESS WHEREOF, the parties hereto have executed this Warrant to Purchase
Stock as of the date first written above. 
  

			
	THE COMPANY:
		
	By:	 	  

		
	Name:	 	  

		
	Title:	 	  

	
	HOLDER:
		
	By:	 	  

		
	Name:	 	  

		
	Title:	 	  

  
 9 

 EXHIBIT 1 

FORM OF SUBSCRIPTION 

(To be completed and signed only upon exercise of Warrant) 

To: Free Stream Media Corp. (d/b/a Samba TV) (the “Company”) 

We refer to that certain Warrant to Purchase Stock of the Company, [Warrant No.
            ], issued [on                     ] (the
“Warrant”). 
 Select one of the following two alternatives: 

☐ Cash Exercise. On the terms and conditions set forth in the Warrant, the undersigned Holder hereby elects to purchase
                                        
shares of
                                        
Stock of Free Stream Media Corp. (d/b/a Samba TV) (the “Warrant Stock”), pursuant to the terms of the attached Warrant, and tenders herewith payment of the purchase price for such shares in full. This exercise ☐ IS
☐ IS NOT conditioned upon the completion of the Liquidation Event or the Initial Public Offering that has been described in a Transaction Notice, dated
                                        ,
delivered by the Company to the Holder pursuant to Section 4 of the Warrant. 
 ☐ Net Exercise Election. On the
terms and conditions set forth in the Warrant, the undersigned Holder elects to convert the Warrant into shares of Warrant Stock by net exercise election pursuant to Section 2.6 of the Warrant. This conversion is exercised with respect
to                                        
shares of
                                        
Stock of Free Stream Media Corp. (d/b/a Samba TV) (the “Warrant Stock”) covered by the Warrant. 
 In exercising the
Warrant, the undersigned Holder hereby confirms and acknowledges that the representations and warranties set forth in Section 6 of the Purchase Agreement as they apply to the undersigned Holder continue to be true and complete as of this date.
Please issue a certificate or certificates representing such shares of Warrant Stock in Holder’s name and deliver such certificate(s) to Holder at the address set forth below: 

 

	
	  
 (Address)

	
	  
 (City, State, Zip
Code)

	
	  
 (Federal Tax Identification
Number)

 WHEREFORE, the undersigned Holder has executed and delivered the Warrant and this Subscription Form as
of the date set forth below. 
  

									
	Date:
                                        
	 		 	[INSERT HOLDER’S NAME]
					
		 		 	By:	 	  
	 	
		 		 	[Its:	 	                                     
                                        
]

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