Document:

EX-10.4

 EXHIBIT 10.4 

FORM OF 

TRADEMARK LICENSE 

and 
 DOMAIN NAME
AGREEMENT 
 This Agreement is entered into as of
                     (the “Effective Date”) by and between GAIAM, INC. and GAIAM AMERICAS, INC. (collectively, “Gaiam
Brand”), on one side, and GAIA, INC. DBA GAIAMTV (“GTV”), on the other side, on the following terms and conditions: 
  

	1.	Defined Terms. All capitalized terms used in this Agreement and not specifically defined herein shall have the meaning set forth on Exhibit 1 annexed hereto. 

 

	2.	Trademark License. 

  

	 	a.	From the Effective Date through and including the Transition Period, for good and valuable consideration, Gaiam Brand hereby grants to GTV the non-exclusive and non-transferable right, license and privilege, under
trademark and otherwise, to use and exploit the Gaiam Marks on, in and in connection with the GTV Service, throughout the universe; provided that such use and exploitation of the Gaiam Marks may only occur as part of the “GaiamTV” brand
name (e.g., GaiamTV, GaiamTV Fit & Yoga, etc.) and/or the logo design related thereto (collectively, the “GaiamTV Name and Logo Design”). 

  

	 	b.	GTV’s use of the Gaiam Marks in and as part of the GaiamTV Name and Logo Design shall conform to each of the following standards: 

 

	 	i.	No Gaiam Mark shall be used in any generic or descriptive manner; 

  

	 	ii.	The first time the GaiamTV Name or logo design is used on the GTV Service or in any advertisement or marketing materials, it must be followed, in the case of registered trademarks, by the registration symbol (®) and in the case of all other trademarks by the symbol TM, with appropriate language designated by Gaiam Brand to denote Gaiam Brand as the owner of the Gaiam Marks. GTV acknowledges that the
registration symbol (®) may be used only in connection with goods and services specified in registrations, if any, for the applicable mark. 

 

	 	iii.	The GTV Service shall be of a high, consistent and merchantable quality. GTV recognizes that Gaiam Brand has a reputation for high quality and that GTV must, therefore, maintain such high quality with respect to the GTV
Service. 

  

	 	iv.	All uses of the Gaiam Marks will be subject to Gaiam Brand’s prior written approval. Without limiting the foregoing, the nature and quality of the goods and services bearing the Gaiam Marks shall at all times be
subject to Gaiam Brand’s inspection, review and approval to the maximum extent required by law to maintain the validity of the Gaiam Marks. Gaiam Brand’s approval shall not be unreasonably withheld or delayed, and will be deemed given if
Gaiam Brand fails to object to any particular matter or item submitted for approval within ten (10) business days following Gaiam Brand’s receipt of submission. Once Gaiam Brand has approved any particular use of the Gaiam Marks, GTV may
continue to make the same or substantially similar uses of the Gaiam Marks without seeking further approval. 

	 	v.	GTV acknowledges Gaiam Brand’s exclusive right, title and interest in and to the Gaiam Marks. GTV shall not take any action to contest Gaiam Brand’s ownership of the Gaiam Marks, or to impair any of the Gaiam
Marks. GTV also acknowledges that its uses of the Gaiam Marks shall inure to Gaiam Brand’s benefit. GTV recognizes the great value of the publicity and goodwill associated with the Gaiam Marks, and accordingly acknowledges that all such
goodwill exclusively belongs to Gaiam Brand and that none is transferred hereunder. All rights in the Gaiam Marks other than those specifically granted herein are expressly reserved by Gaiam Brand. 

 

	 	vi.	Upon Gaiam Brand’s reasonable request and at Gaiam Brand’s expense, GTV will execute, deliver or file any and all documents which Gaiam Brand reasonably deems necessary or appropriate to make fully effective
or to implement the provisions of this paragraph 2 relating to the ownership, registration or use of the Gaiam Marks; and GTV will take such other actions as are reasonably necessary to protect and preserve the validity of the Gaiam Marks.

  

	 	vii.	For the avoidance of doubt, Gaiam Brand will be solely responsible for paying any and all costs in connection with the filing and prosecution of trademark applications, registrations and renewals of the Gaiam Marks.
Gaiam Brand shall at all times have the right, but not the obligation, to police and enforce Gaiam Brand’s rights in respect of the Gaiam Marks. 

  

	 	viii.	Notwithstanding the foregoing, Gaiam Brand hereby acknowledges that all uses of the Gaiam Marks publicly made by GTV prior to September 3, 2015 are hereby approved by Gaiam Brand. 

 

	3.	Domain Names Owned by GTV. 

  

	 	a.	Prior to the date hereof, GTV registered the internet domain name “GaiamTV.com” (the “GaiamTV.com Domain Name”); and as of the date hereof, GTV is using the GaiamTV.com Domain Name as an active,
consumer-facing URL for the website on which the GTV Service is hosted. 

  

	 	b.	Gaiam Brand hereby agrees that GTV is and will remain the owner of the GaiamTV.com Domain Name and the six (6) additional domain names (“Additional GTV-Owned Domain Names”) listed on Schedule B annexed
hereto, throughout the world and in perpetuity. 

  

	 	c.	During the Transition Period, GTV will have the right to use the GaiamTV.com Domain Name and the Additional GTV-Owned Domain Names as active, consumer-facing URLs in connection with the GTV Service. 

 

	4.	Licensed Domain Names. Gaiam Brand hereby grants to GTV an exclusive license, during the Transition Period, to use the Licensed Domain Names solely for purposes of redirecting Internet users to the GaiamTV.com
Domain Name where the GTV Service is hosted during the Transition Period. 

  
 2 

	5.	After the Transition Period. Upon the expiration of the Transition Period: 

  

	 	a.	GTV will cease using the name “GaiamTV” as the name of the GTV Service; 

  

	 	b.	GTV will cease using the Gaiam Marks in any manner in connection with the GTV Service; provided that GTV may continue to distribute and exploit certain audiovisual content on the GTV Service which features, displays or
otherwise embodies any of the Gaiam Marks (e.g., as set dressing, in pre-roll, etc.), as follows: (i) any audiovisual work produced or acquired by GTV prior to the Spin-Off Date or (ii) any audiovisual work produced by Gaiam Brand
after the Spin-Off Date in respect of which GTV acquires or licenses SVOD Rights; 

  

	 	c.	GTV will implement a new name (Gaia) and select a new logo for the GTV Service which does not incorporate any of the Gaiam Marks. 

  

	 	d.	GTV will cease using the GaiamTV.com Domain Name and/or the Additional GTV-Owned Domain Names as active, consumer-facing URLs in connection with the GTV Service; and GTV will implement gaia.com in their place (the
“New URLs”). 

  

	 	e.	Notwithstanding subparagraph d. above, GTV may continue using the GaiamTV.com Domain Name and the Additional GTV-Owned Domain Names in perpetuity, solely for purposes of redirecting Internet users to the New URLs.

  

	6.	Restrictions on Competitive Activities. During the Transition Period, the following shall apply: 

  

	 	a.	Neither GTV nor Gaiam Brand shall engage in any activity which is directly competitive with the other party’s products or services. Each of GTV and Gaiam Brand hereby acknowledges that that none of the public
activities of the other party prior to September 3, 2015 shall be construed as a violation of the preceding sentence. 

  

	 	b.	Without limiting subparagraph a. above: 

  

	 	i.	Gaiam Brand shall not operate an SVOD-based Subscription Service, nor enter into any marketing partnerships or sponsorship arrangements with any SVOD-based Subscription Service which is directly competitive with GTV
(such as, by way of example, YogaGlo); 

  

	 	ii.	GTV shall not enter into any marketing partnerships or sponsorship arrangements with Lululemon, Athleta, prAna, Nike, adidas, Under Armour, Manduka, Jade, Natural Fitness, GoFit, Icon Fitness, SKLZ, Perform Better or
Power Systems; 

  

	 	iii.	GTV shall not develop, create, distribute, sell or market any app relating to yoga, fitness, meditation or wellness (other than apps to deliver the GTV Service); 

  
 3 

	 	iv.	GTV shall not market or sell any audio or audiovisual content on an “a la carte” or “transactional” basis (whether via EST or ER or on Video Devices) if such content is owned and/or controlled by
Gaiam Brand (i.e., content which has been licensed by Gaiam Brand to GTV); 

  

	 	v.	With respect to paid search (so-called “keyword advertising” or “pay per click advertising), GTV shall not bid on any keywords that include the name “Gaiam”; provided that GTV shall be entitled
to bid on the keyword “GaiamTV” or any other keyword that includes the name “GaiamTV” (or any variant thereof, such as “Gaiam TV”); and 

 

	 	vi.	GTV shall not develop, create, distribute, sell or market any YFW Products. 

  

	7.	GTV’s Product Needs. During the Transition Period, Gaiam Brand will be GTV’s preferred provider of any YFW Products that GTV wishes to distribute on a promotional basis to its subscribers; provided that
Gaiam Brand agrees to sell such YFW Products to GTV at “cost of goods” plus applicable freight (if any). 

  

	8.	Miscellaneous. 

  

	 	a.	This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof, supersedes all prior correspondence, negotiations, understandings and agreements between the parties
hereto with respect to the subject matter hereof, whether oral, written or otherwise, and may not be changed, modified or amended except by a written instrument signed by all of the parties hereto. 

 

	 	b.	This Agreement is entered into in the State of Colorado and shall be construed in accordance with the laws of the State of Colorado applicable to contracts entered into and to be wholly performed therein (without
giving effect to any conflict of laws principles under Colorado law). 

  

	 	c.	This Agreement may be executed in one more counterparts, each of which shall constitute an original, and all of which taken together shall be deemed to constitute one and the same instrument. This Agreement may be
executed and delivered by electronic facsimile transmission or in Portable Document Format (PDF) with the same force and effect as if it were executed and delivered by the parties simultaneously in the presence of one another, and signatures on a
facsimile or PDF copy hereof shall be deemed authorized original signatures 

 [Signature page follows] 

  
 4 

									
	 GAIAM BRAND (as Licensor):
	 		 	GTV (as Licensee):
			
	 GAIAM, INC.
	 		 	GAIA, INC. dba GaiamTV
					
	 By:
	 	  
	 		 	By:	 	  

		 	An Authorized Signatory	 		 		 	An Authorized Signatory
				
	 GAIAM AMERICAS, INC.
	 		 		 	
					
	 By:
	 	  
	 		 		 	
		 	An Authorized Signatory	 		 		 	

  
 5 

 Exhibit 1 

Certain Definitions 
  

	1.	“Digital Distribution” means delivery of audiovisual works by means of transmission via the Internet or any other form of digital, wireless and/or electronic transmission now known or hereafter invented
that utilizes the Internet or any successor network as its primary means of transmission (collectively, “Internet Technologies”), including via transferring, streaming, downloading and/or other non-tangible delivery to fixed and/or mobile
platforms utilizing Internet Technologies, including, without limitation, to computers, mobile phones, other personal communication devices, personal and other music, video and/or other audiovisual recorders and/or players and/or other digital
devices, platforms and services. 

  

	2.	“ER” (also known as “Electronic Rental”) means delivery of audiovisual works via Digital Distribution under a business model whereby a consumer makes a specific, one-time payment for the right
to access and view a particular audiovisual work an unlimited number of times within a limited time period (subject to customary rules with respect to the number and type of devices from which such work may be accessed and viewed).

  

	3.	“EST” (also known as “Electronic Sell-Through”) means delivery of audiovisual works via Digital Distribution under a business model whereby a consumer makes a specific, one-time payment for
the right to access and view a particular audiovisual work an unlimited number of times and for an unlimited time period (subject to customary rules with respect to the number and type of devices from which such work may be accessed and viewed).

  

	4.	“Gaiam Marks” means the marks listed and/or depicted on Schedule A annexed hereto. 

  

	5.	“GTV Service” means the SVOD-based Subscription Service owned and controlled by GTV (and currently known as “GaiamTV”). Without limiting the foregoing, the GTV Service includes arrangements
where a subscriber pays a recurring subscription fee to a third party (rather than directly to GTV) to access and use the GTV Service on authorized devices (e.g., via Comcast, Amazon Prime, Verizon FiOS, etc.). 

 

	6.	“Licensed Domain Names” means the domain names owned by Gaiam Brand which are listed on Schedule C annexed hereto. 

 

	7.	“Spin-Off Date” means the date on which a Spin-Off Event occurs. 

  

	8.	“Spin-Off Event” means a transaction or corporate restructuring pursuant to which GTV is “spun off” as a separate public company. 

  
 Exhibit 1, Page 1 

	9.	“Subscription Service” means a service that provides subscribers with on-demand access to audiovisual works for a periodic fee. A Subscription Service may include limited free trial subscriptions for
promotional purposes. 

  

	10.	“SVOD” means VOD pursuant to a business model based upon a Subscription Service. 

  

	11.	“Television” means any and all forms of electronic or electromagnetic or other non-tangible exhibition of audiovisual programming over distance (whether now existing or hereafter devised) for display on
a television receiver or other form of display device (whether now existing or developed in the future), including, without limitation, mobile devices. Television shall include, without limitation, exhibition by means of VHF or UHF broadcast,
cable, satellite, wire or fiber of any material, or “over-the-air pay TV” in any frequency band, any and all forms of electronic or electromagnetic or other non-tangible transmission (whether analog or digital, SD or HD, 3-D, via the
Internet, mobile networks or any other electronic or non-tangible medium). 

  

	12.	“Transition Period” means the period commencing on the Spin-Off Date and ending twenty-four (24) months after the last day of the month in which a Spin-Off Event occurs. 

 

	13.	“Video Devices” means physical devices embodying one or more audiovisual recordings, in any and all formats and/or configurations now known or hereafter invented (including, without limitation, DVD and
Blu-Ray) designed to be used with a playback device which causes a visual image (whether or not synchronized with sound) to be seen on the screen of a television receiver, personal computer, portable video player, hand-held device or other
comparable video playback device now known or hereafter invented. 

  

	14.	“VOD” (also known as “Video On Demand”) means delivery of audiovisual works selected by the viewer where the commencement time for the exhibition of the audiovisual works is not predetermined
or scheduled by the program provider but rather is entirely at the viewer’s discretion. Without limiting the foregoing, VOD may occur by means of Digital Distribution and/or Television. 

 

	15.	“YFW Products” means physical products relating to yoga, fitness, meditation or wellness. 

  
 Exhibit 1, Page 2 

 SCHEDULE A 

Gaiam Marks 
  

	1.	GaiamTV (word mark) 

  

	2.	[Gaiam TV design mark] 

  
  

 
  

	3.	GaiamTV Fit & Yoga (word mark) 

  

	4.	[GaiamTV Fit & Yoga design mark] 

 

 

 SCHEDULE B 

Domain Names Owned by GTV 
  

	1.	GAIAMTV.COM 

  

	2.	GAIAM.TV 

  

	3.	GAIAMTV.CO.UK 

  

	4.	GAIAMTV.DE 

  

	5.	GAIAMTV.TV 

  

	6.	GAIAMTVMEDIA.COM 

  

	7.	GAIAMTVPARTNERS.COM 

 SCHEDULE C 

Licensed Domain Names 
 GAIAMCHANNEL.COM

 GAIAMCHANNEL.TV 
 GAIAMCINEMA.COM 

GAIAMCINEMACIRCLE.COM 
 GAIAMCIRCLE.COM 

GAIAMDVDCLUB.COM 
 GAIAMFILM.COM 

GAIAMFILMCOMMUNITY.COM 
 GAIAMFILMCOMMUNITY.NET 

GAIAMFILMCOMMUNITY.ORG 
 GAIAMFITNESS.TV 

GAIAMHEALTH.TV 
 GAIAMYOGA.TVEX-10.5

 EXHIBIT 10.5 

ASSIGNMENT 
 AND 

CONTRIBUTION AGREEMENT 

This Assignment and Contribution Agreement (this “Assignment”) is dated as of January 1, 2015 (the “Effective
Date”), by and among Gaiam, Inc., a Colorado corporation (“Assignor”), Gaia, Inc., a Colorado corporation (“Assignee”), and Boulder Road LLC, a Colorado limited liability company (the “Company).
Assignor, Assignee, and the Company are each referred to herein as a “Party” and collectively as the “Parties.” 

RECITALS 
 A. Assignor
owns 100% of the membership interests of the Company (the “Membership Interest”), and 100% of the shares of stock of Assignee. 

B. Assignor desires to restructure the ownership of the Company so that the Company is owned 100% by Assignee. 

C. The Company owns certain commercial real property located at 833 West South Boulder Road, Louisville, Colorado 80027 (the “Real
Estate”). 
 D. Subject to the terms and conditions set forth in this Agreement, in order to consummate such restructuring, Assignor
desires to contribute all of the Membership Interests as a contribution to the capital of Assignee. 
 AGREEMENT 

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to
be legally bound, hereby agree as follows: 
 1. Contribution of the Membership Interests. Concurrently with the execution and
delivery of this Agreement, Assignor hereby contributes and transfers to Assignee all of Assignor’s right, title and interest in and to the Membership Interests (including, without limitation, Assignor’s entire 100% share of: (a) all
the Company’s profits, losses, distributions, credits, income, gain, loss and deduction (or items thereof); (b) any and all rights to appreciation in the Company’s assets; (c) all interest in the Company’s capital,
including, but not limited to, all rights of Assignor to be repaid its contributions of money or other property to the Company, whether made at the formation of the Company or subsequent thereto), and Assignee hereby accepts the contribution of such
Membership Interests (including all of the right, title, power, interest, obligations and responsibilities associated therewith). 
 2.
Characterization of Assignment. The assignment and contribution described in Section 1 shall be characterized, for federal and state income tax purposes, as (i) a contribution of capital by Assignor to Assignee under
Section 118(a) of the Internal Revenue Code of 1986, as amended (the “Code”), and (ii) a transfer of property to Assignee in exchange solely for common stock constituting control of Assignee under Section 351 of the
Code. 

 3. Execution of the Company’s Operating Agreement. Concurrently with the execution
and delivery of this Agreement, Assignee shall enter into an Operating Agreement of the Company in substantially the form attached hereto as Exhibit A (the “Company Operating Agreement”). 

4. Sale of Real Estate. In consideration for the contribution and assignment set forth in Section 1, upon the earlier to
occur of (a) a sale of all or substantially all of the Real Estate, to any Person (as defined herein) other than Assignor, Assignee, or any of their respective Affiliates (as defined herein), or (b) a sale of all or substantially all of
the ownership interests of Boulder Road LLC, a Colorado limited liability company, to any Person other than Assignor, Assignee, or any of their respective Affiliates (as defined herein) (the “Sale”), the Assignee hereby agrees to
pay to Assignor (i) 100% of the first five millions dollars ($5,000,000.00) of proceeds received in excess of twelve million dollars and no cents ($12,000,000), (ii) plus 50% of the proceeds above seventeen million dollars and no cents
($17,000,000), if any, from a Sale up to a maximum of ten million dollars and no cents ($10,000,000.00). For the avoidance of doubt, no payments will be due to Assignor unless a Sale occurs with proceeds in excess of twelve million dollars and no
cents ($12,000,000): 
 (i) an “Affiliate” of any Person means another Person that directly or indirectly, through one or
more intermediaries, controls, is controlled by, or is under common control with, such first Person. The term “control” means (a) the possession, directly or indirectly, of the power to vote 10% or more of the securities or
other equity interests of a Person having ordinary voting power, (b) the possession, directly or indirectly, of the power to direct or cause the direction of the management policies of a Person, by contract or otherwise or (c) being a
director, officer, executor, trustee or fiduciary (or their equivalents) of a Person or a Person that controls such Person; and 
 (ii) a
“Person” means any individual and any firm, corporation, partnership, limited liability company, professional association, trust, joint venture, unincorporated organization, governmental instrumentality, entity or body (including
any subdivision thereof) or other entity. 
 5. Representations and Warranties. 

(a) The Company. The Company hereby represents and warrants that: 

(i) The Company has all requisite limited liability company power and authority to enter into this Agreement, to carry out its obligations
hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement and the performance by the Company of its obligations hereunder have been duly authorized by all necessary limited liability company
action by the Company. This Agreement has been duly executed and delivered by the Company and constitutes the Company’s valid and binding obligation, enforceable against the Company in accordance with its terms, except as such enforceability
may be limited by applicable bankruptcy, insolvency, moratorium, reorganization or similar laws in effect which affect the enforcement of creditors’ rights generally and by equitable limitations on the availability of specific remedies; and

  
 2 

 (ii) Upon the consummation of the transactions contemplated by this Agreement, the Company will
be a wholly-owned subsidiary of Assignee. 
 (b) Assignee. Assignee hereby represents and warrants that: 

(i) Assignee has all requisite limited liability company power and authority to enter into this Agreement, to carry out its obligations
hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement and the performance by Assignee of its obligations hereunder have been duly authorized by all necessary limited liability company action
by Assignee. This Agreement has been duly executed and delivered by Assignee and constitutes Assignee’s valid and binding obligation, enforceable against Assignee in accordance with its terms, except as such enforceability may be limited by
applicable bankruptcy, insolvency, moratorium, reorganization or similar laws in effect which affect the enforcement of creditors’ rights generally and by equitable limitations on the availability of specific remedies; and 

(ii) Upon the consummation of the transactions contemplated by this Agreement, the Company will be a wholly-owned subsidiary of Assignee. 

(c) Assignor. Assignor hereby represents and warrants that: 

(i) Assignor has all requisite power and authority to enter into this Agreement, to carry out its obligations hereunder and thereunder and to
consummate the transactions contemplated hereby and thereby. The execution and delivery of this Agreement and the performance by Assignor of its obligations hereunder and thereunder have been duly authorized by all necessary action by Assignor. This
Agreement has been duly executed and delivered by Assignor and constitute Assignor’s valid and binding obligation, enforceable against Assignor in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy,
insolvency, moratorium, reorganization or similar laws in effect which affect the enforcement of creditors’ rights generally and by equitable limitations on the availability of specific remedies; and 

(ii) Immediately prior to the Effective Date, Assignor was the sole member of the Company and the exclusive owner of the Membership Interest,
free and clear of any Liens. Assignor has the right to contribute the Membership Interest to Assignee free and clear of any mortgages, liens, pledges, charges, security interests or other encumbrances of any kind or other limitations or restrictions
with respect thereto, including, without limitation, any restriction on voting, transfer or other disposition thereof, subject to the terms of this Agreement and to general restrictions on transfer imposed by federal and state securities laws. 

6. Consents; Further Assurances. Each Party hereby consents to the taking of the action set forth in and contemplated by this Agreement.
Each Party shall execute and deliver such other agreements, documents, instruments, or consents as may be necessary to effectuate the transactions contemplated by this Agreement. 

  
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 7. Miscellaneous. 

(a) Entire Agreement; Amendment; Waiver. This Agreement embodies the complete agreement and understanding among the Parties with
respect to the subject matter hereof. This Agreement may be amended, altered, supplemented or otherwise modified only by written consent of all of the Parties hereto. No waiver or any provision hereof shall be binding unless it is in writing and
signed by each of the Parties. 
 (b) Binding Effect; No Third Party Beneficiaries. This Agreement shall inure to the benefit
of and be binding upon each of the Parties and their respective legal representatives, successors and assigns. Nothing in this Agreement, express or implied, is intended to, nor shall it, confer upon any other person any rights or remedies. 

(c) Governing Law. This Agreement shall be governed by the laws of the State of Colorado, without giving effect to its conflict
of law principles. 
 (d) Counterparts. This Agreement may be executed and delivered in one or more counterparts, each of which
when executed and delivered shall be an original, and all of which when executed shall constitute one and the same instrument. The exchange of copies of this Agreement and of signature pages by facsimile or other electronic transmission shall
constitute effective execution and delivery of this Agreement as to the Parties and may be used in lieu of the original Agreement for all purposes. Signatures of the Parties transmitted by facsimile or other electronic means shall be deemed to be
their original signatures for all purposes. 
 (e) Recitals. The “Recitals” set forth in this Agreement are hereby
incorporated into and made part of this Agreement. 
 * * * * * 

  
 4 

 IN WITNESS WHEREOF, this Assignment and Contribution Agreement has been made effective as of the
Effective Date. 
  

			
	ASSIGNOR:
	
	 GAIAM, INC.,
 a Colorado
corporation

		
	By:	 	 /s/ John R. Jackson

	Name:	 	John R. Jackson
	Title:	 	Vice President / General Counsel
	
	ASSIGNEE:
	
	 GAIA, INC.,
 a Colorado
corporation

		
	By:	 	 /s/ Paul Tarell Jr.

	Name:	 	Paul Tarell Jr.
	Title:	 	Chief Financial Officer
	
	COMPANY:
	
	 BOULDER ROAD LLC,
 a Colorado
limited liability company

		
	By:	 	 /s/ Paul Tarell Jr.

	Name:	 	Paul Tarell Jr.
	Title:	 	Manager

 EXHIBIT A 

COMPANY AGREEMENT 

[attached] 

  
 A-1 

 OPERATING AGREEMENT 

OF 
 BOULDER ROAD LLC

 THIS OPERATING AGREEMENT (this “Agreement”) of BOULDER ROAD LLC, a Colorado limited liability company (the
“Company”) is entered into by Gaia, Inc., a Colorado corporation, its sole member and manager (“Gaia” or the “Member”). 

WHEREAS, the Company was originally formed on December 28, 2007, by Gaiam, Inc., a Colorado corporation (the “Original
Member”), by filing articles of organization with the Secretary of State of Colorado, pursuant to and in accordance with the Colorado Limited Liability Company Act (C.R.S. § 7-80-101 et. seq.), as amended from time to
time (the “Act”); and 
 WHEREAS, pursuant to that certain Assignment and Contribution Agreement, dated as of the date of this
Agreement, the Original Member has transferred 100% of the membership interests of the Company to Gaia. 
 NOW, THEREFORE, the Member,
intending to be legally bound, hereby agrees as follows: 
 1. Name. The name of the limited liability company is Boulder Road LLC.

 2. Purpose. The Company is organized and operated for the object and purpose of, and the nature of the business to be conducted and
promoted by the Company is, engaging in any lawful act or activity for which limited liability companies may be formed under the Act and engaging in any and all activities necessary or incidental to the foregoing. 

3. Perpetual Duration. The Company’s duration shall be perpetual. 

4. Management. Gaia is hereby designated the Manager of the Company. Gaia’s address is 833 West South Boulder Road, Louisville,
Colorado 80027, Attention: Jirka Rysavy and Paul Tarell, Jr. The Manager may be replaced by the Member upon written notice to the Manager. 

5. Powers. The business and affairs of the Company shall be managed by the Manager. The Manager shall have the power to do any and all
acts necessary or convenient to or for the furtherance of the purposes of the Company including all powers, statutory or otherwise, possessed by members under the laws of the State of Colorado. Only the Manager is hereby authorized, empowered and
directed in the name and on behalf of the Company to approve, execute and deliver any and all agreements, certificates or any other documents on behalf of the Company. 

6. Sole Member; Contributions. On the date of this Agreement, the Member shall be admitted to the Company and credited with having
contributed to the capital of the Company the amount set forth on Schedule A. The Member shall not be required to make any additional contribution to the capital of the Company. 

  
 A-2 

 7. Admission of New Members. New members shall be admitted to the Company only after
obtaining the prior written consent of the Member and execution and delivery of such instruments in form and substance satisfactory to the Manager, as the Manager may deem necessary or desirable. On the admission of a new member, the Company shall
be taxable as a partnership and the members shall amend this Agreement to comply with the provisions of Subchapter K of the Internal Revenue Code of 1986, as amended, and the Treasury regulations promulgated thereunder. 

8. Distributions. Distributions shall be made to the Member at the times and in the aggregate amounts determined by the Manager. 

9. Liability of Member. The Member shall not have any liability for the obligations or liabilities of the Company except to the extent
provided in the Act. 
 10. Governing Law. This Agreement shall be governed by, and construed under, the laws of the State of
Colorado. 
 * * * * * 

  
 A-3 

 IN WITNESS WHEREOF, the undersigned, intending to be legally bound hereby, has duly executed this
Agreement as of the 1st day of January, 2015. 
  

			
	MEMBER:
	
	 GAIA, INC.,
 a Colorado
corporation

		
	By:	 	 /s/ Paul Tarell Jr.

	Name:	 	Paul Tarell Jr.
	Title:	 	Chief Financial Officer

  
 A-4 

 SCHEDULE A 
  

							
	 Member
	  	Capital Contribution	  	Membership
Percentage	 
	 Gaia, Inc.

833 West South Boulder Road, Louisville, Colorado 80027

Attention Paul Tarell, Jr.
	  	***	  	 	100	% 

 *** Capital Contribution equals the amount set forth in the Company’s accounting records as of January 1, 2015. 

  
 A-5

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