Document:

Exhibit

FX 

LICENSE AGREEMENT

This License Agreement (the "Agreement") is entered into as of January 5, 2018 (the "Effective Date") by and between Function(x) Inc., with its principal place of business at 902 Broadway, 11th Floor, New York, NY 10010 ("Fn(x)"), and BumpClick LLC, with its place of business at 12722 Flint Lane, Overland Park, KS 66213 ("Bump").

In consideration of the mutual covenants and Agreements contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound, the parties hereto agree as follows:

1.DEFINITIONS. Capitalized terms shall have the meanings ascribed to them in this Section 1. All other capitalized terms used in this Agreement not otherwise defined in Section 1 shall have the meanings assigned in the part of this Agreement in which they are defined.

a."Affiliate" means parent, subsidiary and affiliated companies of a party, if any, and the successors and permitted assigns of any of such entity.

b."Assets" shall mean all websites, other related intellectual property, customer lists, data, patents, trademarks, domain names, goodwill and other assets necessary to operate the Businesses. 

c.“Businesses” means the businesses known as WetPaint and Rant.

d."Confidential Information" means, but shall not be limited to, all information relating to a party's, its Affiliate(s), or its supplier(s) business, products, or services, which is furnished or disclosed to Receiving Party by Disclosing Party or its Affiliate(s), or is acquired by Receiving Party directly or indirectly from the Disclosing Party, either orally or in writing, and which a reasonable person would assume to be of a confidential or proprietary nature. Such term shall also include all memoranda, notes, reports, documents and other media containing Confidential Information, as well as any copies and extracts of Confidential Information and any computer-generated studies and data containing Confidential Information prepared by or for the benefit of Receiving Party in connection with carrying out the relationship contemplated by this Agreement. 

e. “Contractor" means a third party that performs services on behalf of a Party or such Party’s Affiliates in accordance with the terms of this Agreement.

f."Disclosing Party" means any party that provides or otherwise discloses its or any third party Confidential Information to the other party.

g."Management Services" mean any services relating to the management of Fn(x)’s Pages and Websites, as described in Section 3(a) and 3(b).

h.“Pages” shall mean all Social Pages owned by Fn(x) or its Affiliates in connection with the Businesses, as described in Schedule 3(a).

i.“Party” shall mean either Bump or Fn(x).

j.“Parties” shall collectively mean Bump and Fn(x).

k."Patents" means any patents and applications (including provisional applications and utility models), patents issuing from such applications, ce1iificates of invention or any other grants by any governmental entity for the protection of inventions, and all reissues, renewals, continuations, continuations-in-part, re-examinations and extensions of any of the foregoing, in the United States and all jurisdictions of the world, including all foreign and international patents and applications. 

l."Receiving Party" means any party receiving any Confidential Information.

m."Services" means any Management Services that are provided by Bump pursuant to this Agreement or any SOW entered by the Parties.

n."Statement of Work" or "SOW" means a document which incorporates the terms of this Agreement by reference, and pursuant to which Fn(x) orders certain Services from Bump.

o."Term" shall have the meaning set forth in Section 7(a).

p.“Websites” shall mean all web properties and domains owned by Fn(x) or its Affiliates in connection with the Businesses, as described in Schedule 3(b).

2.LICENSE.

a.License Grant. Subject to the terms and conditions of this Agreement, Fn(x) grants to Bump a perpetual, exclusive, and revocable license to websites, other related intellectual property, customer lists, data, patents, trademarks, domain names, goodwill and other assets necessary to operate the Businesses. 

b.License Restrictions. Bump’s management of the Pages is subject to the following:
        
i.        Bump may not, nor allow any third party to (1) remove any product identification or proprietary rights notices; (2) otherwise use or copy the Pages except as expressly provided herein;

c.Retention of Rights. Fn(x) reserves all rights not expressly granted to Bump in this Agreement. 

3.FEES.  

a.    Closing Contingencies. Bump will pay $20,571.74 to Bump Digital, LLC to eliminate outstanding payables owed by Fn(x) to Bump Digital, LLC. In exchange, Bump Digital, LLC and Fn(x) will mutually terminate the agreement entered into on September 27, 2017 and Bump Digital, LLC hereby waives any notice period required under such agreement. Bump shall pay $104,428.26 to Fn(x). These combined amounts of $125,000.00 are known as the “Closing Advance”.

b.    Post-Closing Payments. 

		
	i.
	Fn(x) shall receive a commission equal to 20% of gross revenues from Fn(x)’s Websites and Pages, and 20% of net profits from paid media calculated as margin on such media (collectively, the “Commissions”).

		
	ii.
	Commissions earned by Fn(x) following the closing shall be offset by the Closing Advance in amounts of $25,000 per month.  Any shortfall on the $25,000 monthly payment will be carried over to the following month until the full $125,000 advance has been repaid. 

		
	iii.
	Commissions will be paid net 45 at the end of each month. 

4.OPTION TO PURCHASE ASSETS

a.    Bump Option. 

		
	i.
	For a period of two years after the execution of this Agreement, Bump has the option to purchase the Assets upon a 60 day prior written notice for (a) $1,000,000 before the 1st anniversary of this Agreement, or (b) $2,000,000 after the 1st anniversary but before the 2nd anniversary of the execution of this Agreement (the “Option”).

		
	ii.
	Should Bump exercise the Option and complete the purchase of the Assets, all future Commissions under this Agreement end, and this Agreement would terminate. 

		
	iii.
	The Option shall automatically expire on the second (2nd) anniversary of this Agreement or in the event it is invalid or in violation of applicable laws, regulations or corporate governance rules.

b.    Fn(x) Option Buyback Rights. 

		
	i.
	Anytime after September 30, 2018, Fn(x) shall have the right to buy back the Option upon a thirty (30) day written notice of its intent to do so (the “Buyback Intent”) in exchange for a lump-sum payment to Bump of $150,000, plus any unearned amounts of the Closing Advance (the “Option Buyback Payment”). Once Bump receives the Buyback Intent, Bump remains able to exercise the Option for a period of thirty (30) days. If Bump chooses to exercise the Option within thirty (30) days of receiving the Buyback Intent pursuant to clause (ii) below, the Option Buyback Payment shall be no longer owed, or if has already been paid, it will be returned to Fn(x).

		
	ii.
	If Bump chooses to exercise the Option within thirty (30) days of receiving the Buyback Intent, the parties shall take reasonable, mutually agreed upon steps to complete the purchase. 

		
	iii.
	In the event the Option is cancelled, this Agreement remains in force until the 2nd anniversary hereof less the number of months this Agreement has been in effect since the Effective Date. 

5.REPORTING.  

		
	a.
	Bump shall provide Fn(x) with daily reports of traffic to and from Wetpaint.com and social traffic to the Pages from Bump sources.  Fn(x) shall have the right to request additional reports, including but not limited to (i) reports of third-party traffic created by or received by Bump and (ii) reports of all revenues received by Bump from third parties related directly or indirectly to Wetpaint.com or its Pages, which information shall be provided to Fn(x) at least weekly or upon request by Fn(x) at any time.  Failure to provide such reports in a timely manner shall be deemed a material breach of this Agreement.  

		
	b.
	Fn(x) shall have the right to audit the calculations of the commissions at any time.  Fn(x) may at any time request additional information or verification of the information contained in any such reports.

		
	c.
	At the request of Fn(x), Bump shall provide Fn(x) with Bump’s internal reports with respect to revenue sources.

		
	6.
	INTELLECTUAL PROPERTY RIGHTS; RESTRICTIONS ON COMPETITIVE USE OF MATERIALS

		
	a.
	Fn(x) shall own all right, title and interest in and to content created on the Pages and Websites before this Agreement.

		
	b.
	Bump shall own all right, title and interest in and all obligations with respect to content created on the Pages and Websites following the effective date of this Agreement.

7.TERM AND TERMINATION

a.    Term. The term of this Agreement shall commence on the effective date and continue for a period of two (2) years unless terminated in accordance with Section 4 or this Section 7.
 
b.    Termination. 

		
	i.
	If Bump does not acquire the Assets, either party shall have the right to terminate the license agreement on or after the second year anniversary of this Agreement upon a thirty (30) days prior written notice. 

		
	ii.
	Either Party may terminate this Agreement if the breaching party fails to cure any material breach of this Agreement within thirty (30) days after receiving notice of such breach from the non-breaching party. Upon such termination, all of Bump’s right to manage the Pages shall immediately cease and Bump shall promptly return to Fn(x) all documents relating to the Websites and the Pages.

		
	iii.
	For the purposes of this Section 7(b), the following shall be considered a material breach of this Agreement:    

		
	1.
	Failure by Bump to provide to Fn(x) the reports referred to in Section 5.

		
	2.
	Material discrepancies between the reports referred to in Section 5 and the calculation of Third Party Revenue.

		
	3.
	Failure to timely make payments required under Section 3.

c.    Suspension. Notwithstanding anything to the contrary contained in the Agreement, the Parties may temporarily suspend any Services immediately, without notice, if (a) interruption of service is necessary to prevent or protect against fraud or otherwise protect a Party or its or its Affiliates' personnel, facilities or services, (b) either Party breaches or otherwise fails to comply in any material respect with the license restrictions; or (c) the suspension is in accordance with an order, instruction or request of a government, an emergency service organization or other administrative agency having appropriate jurisdiction. The suspension shall be without prejudice to any other right or remedy either Party may have arising out of the breach or non-compliance of the other Party.

d.    Effect of Termination. Any obligations to pay fees incurred under this Agreement shall survive termination of the Agreement for any reason. Termination is not an exclusive remedy.

8.WARRANTIES

a.    Services Warranty. Bump warrants that all content created for the Pages and Websites shall be performed in a professional and workmanlike manner consistent with generally accepted industry standards.  

b.    Additional Warranties. Each Party warrants that (i) has all requisite corporate authority to enter into this Agreement and its performance hereunder does not and shall not conflict with any third-party contracts or agreements to which it is a party; and (ii) it has taken all necessary actions to authorize the execution and performance of this Agreement.  

c.    Warranty Limitations. Each non-breaching Party must report in writing any breach of the warranties contained in this Section 8 to the breaching Party, and the exclusive remedy for any breach of such warranties shall be as contained herein.

		
	9.
	 INDEMNITY

a.    If a third party makes a claim against Fn(x), its Affiliates, officers, directors and contractors (collectively, the “Fn(x) Indemnified Parties”) that any content created by Bump under this Agreement infringes the intellectual property rights owned by a third party (an “IP Claim”), Bump will (i) defend and hold harmless the Fn(x) Indemnified Parties against the IP Claim at Bump’s cost and expense, and (ii) indemnify and hold the Fn(x) Indemnified Parties harmless against any and all costs, damages and expenses (including reasonable legal fees) against the Fn(x) Indemnified Parties arising out of such IP Claim; provided that: (i) Fn(x) promptly notifies Bump in writing no later than thirty (30) days after Fn(x)’s receipt of notification of a potential claim, provided that any failure to provide such notice by Fn(x) shall limit Fn(x)’s foregoing obligations only to the extent that Fn(x) is prejudiced by such delay; (ii) Fn(x) may assume sole control of the defense of such claim and all related settlement negotiations, provided that Bump may in its sole discretion and cost, participate in its defense through its counsel; and (iii) Fn(x) provides Bump with the assistance, information and authority necessary to perform Bump’s obligations under this Section.

b.    If content created by Bump under this Agreement is held to infringe or is believed by Fn(x) to infringe, Bump shall at its expense replace or modify that content to be non-infringing. 

c.    For avoidance of doubt, the provisions of Section 9(a) and 9(b) above shall only apply to content created by Bump under this Agreement and not to content created by Fn(x) Employees or Fn(x) Contractors before this Agreement. 

d.    Bump shall defend, indemnify, and hold harmless the Fn(x) Indemnified Parties, from and against any and all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs, or expenses, arising out or resulting from any third-party claim alleging material breach by of any obligations set forth in this Agreement.

e.    Fn(x) shall defend, indemnify, and hold harmless Bump, its Affiliates, officers, directors and contractors from and against any and all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs, or expenses, arising out or resulting from any third-party claim alleging material breach by of any obligations set forth in this Agreement.

10.LIMITATION OF REMEDIES AND DAMAGES

a.    EXCEPT FOR BREACHES OF SECTION 2 (LICENSE) OR SECTION 11 (CONFIDENTIALITY), IN NO EVENT SHALL EITHER PARTY, OR ITS CONTRACTORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES, INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF PROFITS, DATA OR USE, INCURRED BY EITHER PARTY OR ANY THIRD PARTY, WHETHER IN AN ACTION IN CONTRACT OR TORT, EVEN IF THE OTHER PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

11.CONFIDENTIALITY.

a.    Disclosure of Confidential Information. The Receiving Party may not disclose the Disclosing Party's Confidential Information to any third party except the Receiving Party's representative and advisors, and only to the extent that such disclosure is necessary for the performance of the Receiving Party's obligations and exercise of Receiving Party's rights under this Agreement, provided, however, that before disclosing any Confidential Information of the Disclosing Party, the Receiving Party shall ensure that all such persons receiving Confidential Information shall (i) be subject to a written confidentiality Agreement with the Receiving Party that is at least as protective of the Disclosing Party's Confidential Information as this Agreement, and (ii) have been informed of the confidential nature of the Confidential Information. Additionally, if a Receiving Party is ordered by a court, administrative agency, regulatory agency, or other governmental body of competent jurisdiction to disclose Confidential Information, or if it is served with or otherwise becomes aware of a motion or similar request that such an order be issued or if deemed  advisable by the Party or its counsel in connection with any public filing  that disclosure be made., then the Receiving Party will not be liable to the Disclosing Party for disclosure of Confidential Information required thereby.

b.    Restrictions on Use of Confidential Information. The Receiving Party agrees to use reasonable care, but in all events at least the same degree of care that it uses to protect its own confidential and proprietary information of similar importance, to prevent the unauthorized use, disclosure, or availability of Confidential Information of the Disclosing Party. Except as otherwise expressly permitted by this Agreement, the Receiving Party shall not (i) disclose, duplicate, copy, transmit or otherwise disseminate in any manner whatsoever any Confidential Information of the Receiving Party; (ii) use the Confidential Information of the Disclosing Party for the Receiving Party's own benefit or that of any third party or for any purpose other than performance of this Agreement; (iii) commercially exploit any Confidential Information of the Disclosing Party; or (iv) acquire any right to, or assert any lien against, the Confidential Information of the Disclosing Party.

c.    Exceptions to Confidential Treatment. Confidential Information shall not include, and the obligations herein shall not apply to, information that (i) is now or subsequently becomes generally available to the public through no fault of Receiving Party; (ii) Receiving Party can demonstrate was rightfully in its possession prior to disclosure to Receiving Party by Disclosing Party; (iii) is independently developed by Receiving Party without the use of any Confidential Information provided by Disclosing Party; or (iv) Receiving Party rightfully obtains from a third party (without restriction and without breach of any agreement) who has the right, without obligation to Disclosing Party, to transfer or disclose such information.

d.    Return of Confidential Information. Except as otherwise provided in this Agreement, upon termination of this Agreement, or upon the Disclosing Party's earlier request, the Receiving Party shall promptly return to the Disclosing Party, or destroy, all of the Disclosing Party's Confidential Information then in the Receiving Party's possession, except for any data retained by the Receiving Party pursuant to its automatic back-up/retention policy. The Receiving Party shall, if requested in writing, certify its respective compliance with the foregoing provision.

e.    Injunctive Relief. It is agreed that the unauthorized use or disclosure of any Confidential Information by Receiving Party in violation of this Agreement may cause severe and irreparable damage to Disclosing Party, for which monetary damages may be insufficient. In the event of any violation of this Agreement, Receiving Party agrees that Disclosing Party may, without posting a bond, seek from any court of competent jurisdiction preliminary and/or permanent injunctive relief to prevent disclosure and/or to prohibit further disclosure.

12.MISCELLANEOUS

a.    Assignment. Except as otherwise provided in this Section 12(a), neither Party may assign this Agreement without the other party's written consent, such consent not to be unreasonably withheld or delayed; provided, however, that no consent shall be required if (i) either party assigns this Agreement to an Affiliate or in connection with a merger, acquisition, or sale of all or substantially all of its assets, unless the Affiliate or surviving entity is a direct competitor of the other party, and so long as: (x) such Affiliate or surviving entity agrees to be bound in writing by the terms of this Agreement, and (y) the assigning or transferring entity provides the other party with a prior written notice of the assignment or transfer and the Affiliate or surviving entity's written assent to the terms of this Agreement, or (ii) either Party assigns its right to receive and collect payments hereunder. This Agreement and all of its terms, conditions and covenants are intended to be fully effective and binding, to the extent permitted by law, on the successors and permitted assigns of the parties hereto.

b.    Governing Law; Jurisdiction. The Agreement shall be governed by and construed under the laws of the State of New York without regard to the conflicts of law provisions thereof. There parties hereby consent to the exclusive jurisdiction of the federal and state courts located in New York County, New York.

c.    Notices. All notices delivered under the Agreement shall be in writing and deemed given upon receipt when delivered personally or upon confirmation of receipt following delivery of (i) nationally recognized overnight courier service or (ii) registered or certified mail, return receipt requested, postage prepaid, in each case addressed to the Legal Department at the address indicated above, or at such other address of which one party is notified by the other in writing.

d.    Severability. If a provision of the Agreement or portion thereof is found to be invalid or unenforceable under applicable law, it shall be omitted from the Agreement without invalidating the remainder of such provision or the remaining provisions of the Agreement. The waiver by either party of any default or breach of any provision of this Agreement shall not constitute a waiver of any other or subsequent default or breach.

e.    Force Majeure. Each party will be excused from performance for any period during which, and to the extent that, it or its subcontractor(s) is prevented from performing any obligation or service, in whole or in part, as a result of causes beyond its reasonable control, and without its fault or negligence, including without limitation, acts of God, strikes, lockouts, riots, acts of war, epidemics, communication line failures, and power failures.

f.    Relationship of the Parties. Nothing in this Agreement shall be construed to create a partnership, joint venture or agency relationship between the parties

g.    Entire Agreement. The Agreement, including the attached Schedules and any Statement(s) of Work, represents the entire Agreement between the parties, and expressly supersedes and cancels any other agreements, whether oral or written, on the subjects herein. Each party acknowledges that it is not entering into the Agreement on the basis of any representations not expressly contained herein. Other than as specified herein, this Agreement may only be supplemented or modified by an amendment in a writing executed by the parties. No additional or conflicting term in a purchase order or other document shall have any effect.

h.    Counterparts. This Agreement may be executed simultaneously in two (2) or more counterparts, each of which will be considered an original, but all of which together will constitute one and the same instrument. The exchange of digital copies of a fully executed Agreement (in counterparts or otherwise) shall be sufficient to bind the parties to the terms and conditions of this Agreement.

Signatures on following page

BUMPCLICK LLC                FUNCTION(X) INC.

By:                            By:                    
Name:                            Name:    Robert F.X. Sillerman
Title:                            Title:    Chief Executive Officer                

Agreed and acknowledged solely for purposes of Section 3(a): 

BUMP DIGITAL LLC

By:                    
Name:                ______
Title:                    

SCHEDULE 3(A)

Pages

During the Term of this Agreement, Bump shall be responsible for all overhead and operational costs related to the management of the Pages listed below, including, but not limited to, content creation, social page management, and reporting. Bump will enter into its own contracts for such overhead and costs. For the avoidance of doubt, Bump will not take over any business contracts currently in place with Fn(x), it is not assuming any prior liabilities of Fn(x), and no current employees currently employed or contractors currently contracted by Fn(x) will be retained by Bump except at Bump’s own sole discretion. 
Wetpaint - https://www.facebook.com/Wetpaint/
Real Housewives of Atlanta Fansite - https://www.facebook.com/RealHousewivesofAtlantaFansite/
Bachelor Fansite - https://www.facebook.com/TheBachelorFansite/insights/
Bachelorette Fansite - https://www.facebook.com/TheBacheloretteFansite/insights/
Teen Mom Fansite - https://www.facebook.com/TeenMomFansite/
Kardashians Fansite - https://www.facebook.com/TheKardashiansFansite/
Real Housewives Fansite - https://www.facebook.com/RealHousewivesFansite/
Pretty Little Liars Fansite - https://www.facebook.com/PrettyLittleLiarsFansite/
Dancing with the Stars Fansite - https://www.facebook.com/DWTSFansite/
Vampire Diaries Fansite - https://www.facebook.com/TheVampireDiariesFansite/
Game of Thrones Fansite - https://www.facebook.com/GameOfThronesByWetpaint/
Grey's Anatomy Fansite - https://www.facebook.com/GreysAnatomyFansite/
Empire Fansite - https://www.facebook.com/empirewetpaint/
The Voice Fansite - https://www.facebook.com/TheVoiceFansite/
Wetpaint Millennial Pink - https://www.facebook.com/WetpaintPink/
RantCars - http://www.facebook.com/RantCars/
RantChic - https://www.facebook.com/RantChic/
RantFinance - https://www.facebook.com/RantFinance
RantFood - https://www.facebook.com/RantFood/
RantGamer - https://www.facebook.com/RantGamer/
RantGizmo - https://www.facebook.com/RantGizmo/
RantHollywood - https://www.facebook.com/RantHollywood/
RantLifestyle - https://www.facebook.com/RantLifestyle/
RantNow - https://www.facebook.com/RantNOW/
RantPets - https://www.facebook.com/RantPets/
RantPlaces - https://www.facebook.com/RantPlaces/
RantPolitical - https://www.facebook.com/RantPolitical/
RantSports - https://www.facebook.com/RantSports/
RantVideo - https://www.facebook.com/RantVideo/

SCHEDULE 3(B)

Websites

During the Term of this Agreement, Bump shall be responsible for all overhead and operational costs related to the management of the Websites listed below, including, but not limited to, web development, content creation, ad and revenue operations, ad serving, hosting, image licensing, and domain registrations. Bump will enter into its own contracts for such overhead and costs. For the avoidance of doubt, Bump will not take over any business contracts currently in place with Fn(x), it is not assuming any prior liabilities of Fn(x), and no current employees or contractors currently employed or contracted by Fn(x) will be retained by Bump except at Bump’s own sole discretion. 
RantCars.com
RantChic.com
RantFinance.com
RantFood.com
RantGamer.com
RantGizmo.com
RantHollywood.com
RantLifestyle.com
RantNow.com
RantPets.com
RantPlaces.com
RantPolitical.com
RantSports.com
Wetpaint.com

EXHIBIT A

The Assets

All assets subject to the License Agreement used in the implementation thereof. 

1EX-4.1

 Exhibit 4.1 

NEITHER THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE
SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. THIS
SECURITY AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS SECURITY (i) SHALL BEAR A LEGEND WITH RESPECT TO THE FOREGOING AND (ii) MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT AND OTHER LOAN SECURED BY SUCH SECURITIES. 

FORM OF 
 COMMON STOCK
PURCHASE WARRANT 
 COGINT, INC. 
  

			
	Warrant Shares:	 	Initial Exercise Date: January 12, 2018

 THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received,
__________________ or its 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 Initial Exercise Date and on or prior to the
earlier of close of business on the two year anniversary of (i) the date the registration statement registering the resale of the Warrant Shares is declared effective by the Securities and Exchange Commission (the “Commission”), or
(ii) the commencement date that this Warrant may be exercised by means of a “cashless exercise” pursuant to Section 1(c) (such date, as applicable, the “Termination Date”), but not thereafter, to subscribe for and
purchase from Cogint, Inc., a Delaware 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 1(b). 

Section 1.    Exercise. 

(a)    Exercise of Warrant. Exercise of the purchase rights represented by this Warrant may be made, in whole or in
part, at any time or times on or after the Initial Exercise Date and on or before the Termination Date by delivery to the Company (or such other office or agency of the Company as it may designate by notice in writing to the registered Holder at the
address of the Holder appearing on the books of the Company) of a duly executed e-mail attachment of the Notice of Exercise in the form annexed hereto. Within three (3) Trading Days of the date said
Notice of Exercise is delivered to the Company, the Holder shall deliver to the Company payment of the aggregate Exercise Price of the shares thereby purchased by wire transfer or cashier’s check drawn on a United States bank or, if available,
pursuant to the cashless exercise procedure specified in Section 1(c) below. 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 

 
form 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 three (3) Trading Days of the date 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. 

(b)    Exercise Price. The exercise price per share of the Common Stock under this Warrant shall be $6.00,
subject to adjustment hereunder (the “Exercise Price”). 
 (c)    Cashless Exercise. If at any time
following the one hundred and eighty (180) day anniversary of the Initial Exercise Date, there is no effective registration statement registering, or no current prospectus available for, the resale of the Warrant Shares by the Holder, then this
Warrant may also be exercised, in whole or in part, at such time by means of a “cashless exercise” in which the Holder shall be entitled to receive a number of Warrant Shares equal to the quotient obtained by dividing [(A-B) (X)] by (A), where: 
  

									
		 		 	(A)	  	=	 	as applicable: (i) the VWAP on the Trading Day immediately preceding the date of the applicable Notice of Exercise if such Exercise Notice is (1) both executed and delivered pursuant to Section 1(a) hereof on a day
that is not a Trading Day or (2) both executed and delivered pursuant to Section 1(a) hereof on a Trading Day prior to the opening of “regular trading hours” (as defined in Rule 600(b)(64) of Regulation NMS promulgated under the
federal securities laws) on such Trading Day, (ii) the Bid Price of the Common Stock on the principal Trading Market as reported by Bloomberg L.P. as of the time of the Holder’s execution of the applicable Exercise Notice if such Exercise
Notice of Exercise is executed during “regular trading hours” on a Trading Day and is delivered within two (2) hours thereafter pursuant to Section 1(a) hereof or (iii) the VWAP on the date of the applicable Exercise Notice
if the date of such Notice of Exercise is a Trading Day and such Notice of Exercise is both executed and delivered pursuant to Section 1(a) hereof after the close of “regular trading hours” on such Trading Day;
					
		 		 	(B)	  	=	 	the Exercise Price of this Warrant, as adjusted hereunder; and

  

  
 2 

									
					
		 		 	(X)	  	=	 	the number of Warrant Shares that would be issuable upon exercise of this Warrant in accordance with the terms of this Warrant if such exercise were by means of a cash exercise rather than a cashless exercise.

 If Warrant Shares are issued in such a 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 characteristics of the Warrants being exercised, and the holding period of the Warrants being exercised may be tacked on to the holding period of the Warrant
Shares. The Company agrees not to take any position contrary to this Section 1(c). 
 “Bid Price” means, for any date,
the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the bid price of the Common Stock for the time in question (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) if OTCQB or OTCQX is not a Trading Market, the
volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common
Stock are then reported in the “Pink Sheets” published 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 purchasers of a majority in interest of the Holder’s securities of the Company
then-outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. 
 “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 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) if OTCQB or
OTCQX is not a Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or
OTCQX and if prices for the Common Stock are then reported in the “Pink Sheets” published by OTC Markets, 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 purchasers of a majority in interest of the Holder’s
securities of the Company then-outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company. 

Notwithstanding anything herein to the contrary, if there is no effective registration statement covering the resale of the Warrant Shares, on
the Termination Date, this Warrant shall be automatically exercised via cashless exercise pursuant to this Section 1(c). 

  
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 (d)    Mechanics of Exercise. 

(i)    Delivery of Warrant Shares Upon Exercise. Warrant Shares purchased hereunder shall be transmitted by the Transfer
Agent to the Holder by crediting the account of the Holder’s or its designee’s balance account with The Depository Trust Company through its Deposit or Withdrawal at Custodian system (“DWAC”) if (A) the Company is then a
participant in such system, and (B) such manner of delivery is available with respect to such Warrant Shares and either (1) there is an effective registration statement permitting the issuance of the Warrant Shares to or resale of the
Warrant Shares by the Holder or (2) this Warrant is being exercised via cashless exercise, and otherwise by physical delivery of a certificate to the address specified by the Holder in the Notice of Exercise, registered in the Company’s
share register in the name of the Holder or its designee by the date that is one (1) Trading Day after the delivery to the Company of the Notice of Exercise (such date, the “Warrant Share Delivery Date”). The Warrant Shares shall be
deemed to have been issued, and Holder or any other person so designated to be named therein shall be deemed to have become a holder of record of such shares for all purposes, as of the date the Warrant has been exercised, with payment to the
Company of the Exercise Price and all taxes required to be paid by the Holder, if any, pursuant to Section 1(d)(v) prior to the issuance of such shares, having been paid. 

(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 1(d)(i) by the Warrant Share Delivery Date, then the Holder will have the right to rescind such exercise. 

(iv)    Compensation for Buy-In on Failure to Timely Deliver Warrant Shares
Upon Exercise. In addition to any other rights available to the Holder, if the Company fails to cause the Transfer Agent to transmit to the Holder the Warrant Shares in accordance with the provisions of Section 1(d)(i) above pursuant to an
exercise on or before the Warrant Share Delivery Date, and if after such date the Holder is required by its broker to purchase (in an open market transaction or otherwise) or the Holder’s brokerage firm otherwise purchases, shares of Common
Stock to deliver in satisfaction of a sale by the Holder of the Warrant Shares which the Holder anticipated receiving upon such exercise (a “Buy-In”), then the Company shall (A) pay in cash to
the Holder the amount, if any, by which (x) the Holder’s total purchase price (including brokerage commissions, if any) for the shares of Common Stock so purchased exceeds (y) the amount obtained by multiplying (1) the number of
Warrant Shares that the Company was required to deliver to the Holder in connection with the exercise at issue times (2) the price at which the sell order giving rise to such purchase obligation was executed, and (B) at the option of the
Holder, either reinstate the portion of the Warrant and equivalent number of Warrant Shares for which such exercise was not honored (in which case such exercise shall be deemed rescinded) or deliver to the Holder the number of shares of Common Stock
that would have been issued had the Company timely complied with its exercise and delivery obligations hereunder. For example, if the Holder purchases Common Stock having a total purchase price of $11,000 to

  
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cover a Buy-In with respect to an attempted exercise of shares of Common Stock with an aggregate sale price giving rise to such purchase obligation of
$10,000, under clause (A) of the immediately preceding sentence the Company shall be required to pay the Holder $1,000. The Holder shall provide the Company written notice indicating the amounts payable to the Holder in respect of the Buy-In and, upon request of the Company, evidence of the amount of such loss. Nothing herein shall limit a Holder’s right to pursue any other remedies available to it hereunder, at law or in equity including,
without limitation, a decree of specific performance and/or injunctive relief with respect to the Company’s failure to timely deliver shares of Common Stock upon exercise of the Warrant as required pursuant to the terms hereof. 

(v)    No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall be issued
upon the exercise of this Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an
amount equal to such fraction multiplied by the Exercise Price or round up to the next whole share. 

(vi)    Charges, Taxes and Expenses. Issuance of Warrant Shares shall be made without charge to the Holder for any
issue or transfer tax or other incidental expense in respect of the issuance of Warrant Shares, all of which taxes and expenses shall be paid by the Company, and such Warrant Shares shall be issued in the name of the Holder or in such name or names
as may be directed by the Holder; provided, however, that in the event that Warrant Shares are to be issued in a name other than the name of the Holder, this Warrant when surrendered for exercise shall be accompanied by the Assignment
Form attached hereto duly executed by the Holder and the Company may require, as a condition thereto, the payment of a sum sufficient to reimburse it for any transfer tax incidental thereto. The Company shall pay all Transfer Agent fees required for
same-day processing of any Notice of Exercise and all fees to the Depository Trust Company (or another established clearing corporation performing similar functions) required for
same-day electronic delivery of the Warrant Shares. 
 (vii)    Closing of
Books. The Company will not close its stockholder books or records in any manner which prevents the timely exercise of this Warrant, pursuant to the terms hereof. 

(e)    Holder’s Exercise Limitations. 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, pursuant to Section 1 or otherwise, to the extent that after giving effect to such issuance after exercise as set forth on the applicable Notice of Exercise, the Holder (together
with the Holder’s Affiliates, 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 the Beneficial Ownership Limitation (as defined below). 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 this Warrant with respect to which such
determination is being made, but shall exclude the number of shares of Common Stock which would be issuable upon (i) exercise of the remaining, nonexercised portion of this Warrant beneficially owned by the Holder or any of its Affiliates and
(ii) exercise or conversion of the unexercised or nonconverted portion of any other securities of the Company (including, without limitation, any other Common Stock Equivalents) subject to a limitation on conversion or exercise analogous to

  
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the limitation contained herein beneficially owned by the Holder or any of its Affiliates. Except as set forth in the preceding sentence, for purposes of this Section 1(e), 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 1(e) 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 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, in each case subject to the Beneficial Ownership Limitation, and the Company shall have no obligation to verify or confirm the accuracy of such determination.    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 1(e), 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 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 Transfer Agent setting forth the number of shares of Common Stock outstanding. Upon the written or oral request of a
Holder, the Company shall within two Trading Days confirm orally and in writing to the Holder the number of shares of Common Stock then outstanding. In any case, the number of outstanding shares of Common Stock shall be determined after giving
effect to the conversion or exercise of securities of the Company, including this Warrant, by the Holder or its Affiliates since the date as of which such number of outstanding shares of Common Stock was reported. The “Beneficial Ownership
Limitation” shall be 4.99% of the number of shares of the Common Stock outstanding immediately after giving effect to the issuance of shares of Common Stock issuable upon exercise of this Warrant. The Holder, upon notice to the Company, may
increase or decrease the Beneficial Ownership Limitation provisions of this Section 1(e), provided that the Beneficial Ownership Limitation in no event exceeds 9.99% of the number of shares of the Common Stock outstanding immediately after
giving effect to the issuance of shares of Common Stock upon exercise of this Warrant held by the Holder and the provisions of this Section 1(e) shall continue to apply. Any increase in the Beneficial Ownership Limitation will not be effective
until the 61st day after such notice is delivered to the Company. The provisions of this paragraph shall be construed and implemented in a manner otherwise than in strict conformity with the terms
of this Section 1(e) to correct this paragraph (or any portion hereof) which 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 limitations contained in this paragraph shall apply to a successor holder of this Warrant. 

Section 2.    Certain Adjustments. 

(a)    Stock Dividends and Splits. If the Company, at any time while this Warrant is outstanding: (i) pays a
stock dividend or otherwise makes a distribution or distributions on shares of its Common Stock or any other equity or equity equivalent securities payable in shares of Common Stock (which, for avoidance of doubt, shall not include any shares of
Common Stock issued by the 

  
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Company upon exercise of this Warrant), (ii) subdivides outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of reverse stock split)
outstanding shares of Common Stock into a smaller number of shares or (iv) issues by reclassification of shares of the Common Stock any shares of capital stock of the Company, then in each case the Exercise Price shall be multiplied by a
fraction of which the numerator shall be the number of shares of Common Stock (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of shares of Common Stock outstanding
immediately after such event, and the number of shares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged. Any adjustment made pursuant to this
Section 2(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a
subdivision, combination or re-classification. 
 (b)    Fundamental
Transaction. 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, or (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 or group of Persons whereby
such other Person or group 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, at the option of the Holder (without regard to any limitation in Section 1(e) on the exercise of this Warrant), the
number of shares of Common Stock 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 (without regard to any limitation in Section 1(e) on the exercise of this Warrant). 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 

  
 7 

 
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”) to assume in writing all of the obligations of the Company under this Warrant in accordance with the
provisions of this Section 2(b) pursuant to written agreements in form and substance reasonably satisfactory to the Holder and approved by the Holder (without unreasonable delay) prior to such Fundamental Transaction and shall, at the option of
the Holder, deliver to the Holder in exchange for this Warrant a security of the Successor Entity evidenced by a written instrument substantially similar in form and substance to this Warrant which is exercisable for a corresponding number of shares
of capital stock of such Successor Entity (or its parent entity) equivalent to the shares of Common Stock acquirable and receivable upon exercise of this Warrant (without regard to any limitations on the exercise of this Warrant) prior to such
Fundamental Transaction, and with an exercise price which applies the exercise price hereunder to such shares of capital stock (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 this Warrant immediately prior to the consummation of such Fundamental Transaction), and
which is reasonably satisfactory in form and substance to the Holder. 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 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 with the same effect as if such Successor Entity had been named as the Company herein. 

(c)    Calculations. All calculations under this Section 2 shall be made to the nearest cent or the nearest
1/100th of a share, as the case may be. For purposes of this Section 2, the number of shares of Common Stock deemed to be issued and outstanding as of a given date shall be the sum of the number of shares of Common Stock (excluding treasury
shares, if any) issued and outstanding. 
 (d)    Notice to Holder. 

(i) Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 2, the Company
shall promptly deliver to the Holder by e-mail a notice setting forth the Exercise Price after such adjustment and any resulting adjustment to the number of Warrant Shares and setting forth a brief statement
of the facts requiring such adjustment. 
 (ii) 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 

  
 8 

 
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 delivered by e-mail to the Holder at its last e-mail address as it shall appear upon the
Warrant Register (defined below) of the Company, at least 10 calendar days prior to the applicable record or effective date hereinafter specified, a notice stating (x) 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
(y) 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 deliver such notice or any defect
therein or in the delivery thereof shall not affect the validity of the corporate action required to be specified in such notice. To the extent that any notice provided in this Warrant constitutes, or contains, material, non-public information regarding the Company or any of the 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. 
 Section 3.    Transfer of Warrant. 

(a)    Transferability. Subject to compliance with any applicable securities laws and the conditions set forth in
Section 3(d) hereof, this Warrant and all rights hereunder (including, without limitation, any registration rights) 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 attached hereto duly executed by the Holder or its agent or attorney 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
physically surrender this Warrant to the Company unless the Holder has assigned this Warrant in full, in which case, the Holder shall surrender this Warrant to the Company within three (3) Trading Days of the date the Holder delivers an
assignment form to the Company assigning this Warrant full. The 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. 

  
 9 

 (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 3(a), as to any transfer which 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 original Issue Date and shall be identical with this Warrant except as to the number of Warrant Shares issuable pursuant thereto. 

(c)    Warrant Register. The Company 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 registered 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)    Representation by the Holder. The Holder, by the acceptance hereof, represents and warrants that it is
acquiring this Warrant and, upon any exercise hereof, will acquire the Warrant Shares issuable upon such exercise, for its own account and not with a view to or for distributing or reselling such Warrant Shares or any part thereof in violation of
the Securities Act or any applicable state securities law, except pursuant to sales registered or exempted under the Securities Act. 

Section 4.    Miscellaneous. 

(a)    No Rights as Stockholder Until Exercise. Notwithstanding anything herein to the contrary, this Warrant does
not entitle the Holder to any voting rights, dividends (either stock or cash dividends) or other rights as a stockholder of the Company before the valid exercise hereof as set forth in Section 1(d)(i). 

(b)    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 (which, 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. 
 (c)    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. 
 (d)    Authorized Shares. 

The Company covenants that, during the period the Warrant is outstanding, it will reserve from its authorized and unissued Common Stock a
sufficient number of shares to provide for the issuance of the Warrant Shares upon the exercise of any purchase 

  
 10 

 
rights under this Warrant. The Company further covenants that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of issuing the necessary
Warrant Shares upon the exercise of the purchase rights under this Warrant. The Company will take all such reasonable action as may be necessary to assure that such Warrant Shares may be issued as provided herein without violation of any applicable
law or regulation, or of any requirements of the Trading Market upon which the Common Stock may be listed. The Company covenants that all Warrant Shares which may be issued upon the exercise of the purchase rights represented by this Warrant will,
upon exercise of the purchase rights represented by this Warrant and payment for such Warrant Shares in accordance herewith, be duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges created by the
Company in respect of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue). 
 Except
and to the extent as waived or consented to by the Holder, the Company shall not by any action, including, without limitation, amending its certificate of incorporation or through any reorganization, transfer of assets, consolidation, merger,
dissolution, issue or sale of securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but will at all times in good faith assist in the carrying out of all such terms and in
the taking of all such actions as may be necessary or appropriate to protect the rights of Holder as set forth in this Warrant against impairment. Without limiting the generality of the foregoing, the Company will (i) not increase the par value
of any Warrant Shares above the amount payable therefor upon such exercise immediately prior to such increase in par value, (ii) take all such action as may be necessary or appropriate in order that the Company may validly and legally issue
fully paid and nonassessable Warrant Shares upon the exercise of this Warrant and (iii) use commercially reasonable efforts to obtain all such authorizations, exemptions or consents from any public regulatory body having jurisdiction thereof,
as may be, necessary to enable the Company to perform its obligations under this Warrant. 
 Before taking any action which would result in
an adjustment in the number of Warrant Shares for which this Warrant is exercisable or in the Exercise Price, the Company shall obtain all such authorizations or exemptions thereof, or consents thereto, as may be necessary from any public regulatory
body or bodies having jurisdiction thereof. 
 (e)    Governing Law. 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. 

(f)    WAIVER OF JURY TRIAL. IN ANY ACTION, SUIT, OR PROCEEDING IN ANY JURISDICTION BROUGHT BY ANY PARTY AGAINST
ANY OTHER PARTY, THE PARTIES EACH KNOWINGLY AND INTENTIONALLY, TO THE GREATEST EXTENT PERMITTED BY APPLICABLE LAW, HEREBY ABSOLUTELY, UNCONDITIONALLY, IRREVOCABLY AND EXPRESSLY WAIVES FOREVER TRIAL BY JURY. 

  
 11 

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

(h)    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, notwithstanding the fact that all rights hereunder terminate on the Termination Date. 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. 

(i)    Notices. Any notice required or permitted pursuant to this Warrant shall be in writing and shall be deemed
sufficient upon receipt, when delivered personally or sent by courier, overnight delivery service or confirmed email, or forty-eight hours after being deposited in the regular mail, as certified or registered mail (airmail if sent internationally),
with postage prepaid, addressed to: (a) if to the Holder, the address of the Holder most recently furnished in writing to the Company (or, if no address has been furnished, the address of such Holder in the Company’s records); and
(b) if to the Company, the address of the Company’s corporate headquarters, Attention: Chief Executive Officer. 

(j)    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. 
 (k)    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. 

(l)    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. 

(m)    Amendment. This Warrant may be modified or amended or the provisions hereof waived with the written consent
of the Company and the Holder. 

  
 12 

 (n)    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. 

(o)    Headings. The headings used in this Warrant are for the convenience of reference only and shall not, for any
purpose, be deemed a part of this Warrant. 
 ******************** 

(Signature Page Follows) 

  
 13 

 IN WITNESS WHEREOF, the Company has caused this Warrant to be executed by its officer thereunto
duly authorized as of January ___, 2018. 
  

			
	COGINT, INC.
		
	By:	 	 
	Name:	 	Derek Dubner
	Title:	 	Chief Executive Officer

  
 14 

 NOTICE OF EXERCISE 

TO:    COGINT, INC. 

(1)    The undersigned hereby elects to purchase ________ Warrant Shares of the Company pursuant to the terms of the
attached Warrant (only if exercised in full), 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 lawful money of the United States. 

(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: 

         ________________ 

         ________________ 

         ________________ 

(4) Accredited Investor. The undersigned is an “accredited investor” as defined in Regulation D promulgated under the
Securities Act of 1933, as amended. 
 [SIGNATURE OF HOLDER] 

Name of Investing Entity: ___________________________________________________________________ 

Signature of Authorized Signatory of Investing Entity: _____________________________________________ 

Name of Authorized Signatory: _______________________________________________________________ 

Title of Authorized Signatory: ________________________________________________________________ 

Date: ____________________________________________________________________________________ 

 ASSIGNMENT FORM 

(To assign the foregoing Warrant, execute this form and supply required information. Do not use this form to purchase shares.) 

FOR VALUE RECEIVED, the foregoing Warrant and all rights evidenced thereby are hereby assigned to 

 

									
	Name:	 		 	
				
		 		 		 	 
		 		 	(Please Print)
	Address:	 		 	
				
		 		 		 	 
		 		 	(Please Print)

 Dated: _________________________, _________ 

									
		 		 		 		  	
	Holder’s Signature:	 	 	 	 	 		  	
					
	Holder’s Address:

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