Document:

Exhibit 10.4

 

SUPPORT SERVICES AGREEMENT

 

This Support Services
Agreement (this “Agreement”), dated as of February11, 2021, is made and entered into by and between Social Leverage
Acquisition Corp I, a Delaware corporation (the “Company”), and Social Leverage Acquisition Sponsor I LLC, a
Delaware limited liability company (the “Service Provider” and, together with the Company, the “Parties”
and, each individually, a “Party”).

 

RECITALS

 

WHEREAS, the Company
intends to consummate an initial public offering of the Company’s securities (the “Public Offering”);

 

WHEREAS, the Company
was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or
similar business combination with one or more businesses (a “Business Combination”); and

 

WHEREAS, the Company
wishes to retain the Service Provider to provide certain office space, support and administrative services commencing on the date
the securities of the Company are first listed on the New York Stock Exchange (the “Listing Date”) and continuing
until the earlier of the consummation by the Company of an initial Business Combination and the Company’s liquidation (in
each case, as described in the Registration Statement on Form S-1 (File No. 333-[·])
filed with the Securities and Exchange Commission related to the Public Offering) (such earlier date hereinafter referred to as
the “Termination Date”).

 

NOW, THEREFORE, in
consideration of the mutual covenants and undertakings contained in this Agreement, the Company and the Service Provider, intending
to be legally bound, agree as follows:

 

ARTICLE
I

SERVICES

 

Section 1.1
Services Generally. Commencing on the Listing Date and continuing until the Termination Date, to the extent reasonably
requested by the Company, the Service Provider shall render to the Company, by and through such of the Service Provider’s
officers, employees, independent contractors, consultants, agents, representatives and affiliates as the Service Provider, in its
sole discretion, may designate from time to time, office space, support and administrative services (collectively, the “Services”),
including research, due diligence, transaction process management and execution, information technology, public and investor relations,
legal, facilities management, back office, vendor management, accounting, book and record keeping, cash management, secretarial
services and other services in connection with identifying and evaluating potential initial Business Combination targets that the
Service Provider may recommend to the Company; provided that the Service Provider shall not provide any investment advice
to the Company.

 

    

     

    

 

Section 1.2
Office Space. Commencing on the Listing Date and continuing until the Termination Date, to the extent reasonably
requested by the Company, the Service Provider shall provide the Company with access to, and use of, the Office Space. For the
purposes of this Agreement, the term “Office Space” shall mean the offices of the Service Provider located at 8390
E. Via de Ventura, Suite F110-207, Scottsdale, Arizona 85258 (or any successor location or other existing office space of the Service
Provider or any of its affiliates).

 

Section 1.3
No Authority to Bind Principal. Notwithstanding any provision to the contrary in this Agreement, the Service Provider
shall not represent to any party that it possesses, and it does not in fact possess, the authority to execute binding contracts
on behalf of the Company with any third party.

 

ARTICLE
II

SERVICE FEE

 

Section 2.1
Support Services Fee.

 

(a)
In consideration of the performance of the Services contemplated by Section 1.1 hereof, the Company agrees to pay
the Service Provider or its designee(s) a monthly fee payable in cash equal to $10,000 (the “Support Services Fee”).
The Support Services Fee shall be payable by the Company monthly in advance on the first business day of each month that occurs
following the Listing Date until the Termination Date, without regard to the amount of the Services actually performed by the Service
Provider. Notwithstanding anything to the contrary, the first monthly installment of the Support Services Fee shall be payable
by the Company in advance on the Listing Date, instead of on the first business day of the first month that occurs following the
Listing Date.

 

Section 2.2
Expenses. In addition to the Support Services Fee payable to the Service Provider or its designee(s) pursuant to
Section 2.1 hereof, the Company shall, at the direction of the Service Provider, pay directly, or reimburse the Service
Provider or its designee(s) for, its reasonable Out-of-Pocket Expenses (as defined below). For the purposes of this Agreement,
the term “Out-of-Pocket Expenses” shall mean all out of pocket expenses incurred by the Service Provider or
its respective affiliates in connection with the performance of the Services or providing access to, and use of, the Office Space,
including (i) fees and disbursements of any independent auditors, outside legal counsel, consultants, investment bankers,
financial advisors and other independent professionals and organizations, (ii) costs of any outside services or independent
contractors or vendors, such as financial printers, couriers, business publications or similar services, (iii) transportation
and other travel expenses, per diem, telephone calls, word processing expenses or any similar expense not associated with its ordinary
operations, (iv) other out-of-pocket expenses incurred by the Service Provider to the extent reasonably allocated to the Company
as a result of the Services in a manner consistent with the Service Provider’s generally applicable cost allocation polices,
including purchases through the Service Provider’s vendor networks and relationships for access to research databases, due
diligence services, computer, network and office equipment and third-party communications vendors, and (v) all other expenses
which are properly allocable to the Company under this Agreement, whether incurred on or after the date of this Agreement. All
reimbursements for Out-of-Pocket Expenses shall be made promptly upon or as soon as practicable after presentation by the Service
Provider to the Company of the statement in connection therewith.

 

    Page 2

     

    

 

Section 2.3
Any payment made pursuant to this Article II shall be paid by wire transfer of immediately available federal funds
to the accounts specified by the Company from time to time.

 

ARTICLE
III

WAIVER

 

Section 3.1
Waiver. Notwithstanding anything herein to the contrary, the Service Provider hereby irrevocably waives any and all
right, title, interest, causes of action and claims of any kind (each, a “Claim”) in or to, and any and all
right to seek payment of any amounts due to it out of, the trust account established for the benefit of the public shareholders
of the Company and into which substantially all of the proceeds of the Public Offering will be deposited (the “Trust Account”),
and hereby irrevocably waives any Claim it may have in the future as a result of, or arising out of, this Agreement, which Claim
would reduce, encumber or otherwise adversely affect the Trust Account or any monies or other assets in the Trust Account, and
further agrees not to seek recourse, reimbursement, payment or satisfaction of any Claim against the Trust Account or any monies
or other assets in the Trust Account for any reason whatsoever.

 

ARTICLE
IV

CONFIDENTIAL INFORMATION

 

Section 4.1
Nondisclosure of Confidential Information. The Service Provider shall treat as confidential all Confidential Information
(as defined below) of the Company, shall not, without the consent of the Company, (i) use such Confidential Information except
as set forth herein or (ii) disclose such Confidential Information other than to the Company or its Related Parties (as defined
below); provided that each such person receiving Confidential Information is bound (on terms no less restrictive than those
set forth in this Section 4.1) to maintain the confidentiality of such Confidential Information; provided, further,
that the foregoing restriction shall not apply to any such information that is required to be disclosed by law or the order or
regulations of any governmental authority or to establish or enforce any rights under this Agreement. Without limiting the foregoing,
the Service Provider shall use at least the same degree of care that it uses to prevent the disclosure of its own confidential
information of like importance to prevent the disclosure of Confidential Information disclosed to it by the Company under this
Agreement. For the purposes of this Agreement, the term “Confidential Information” shall mean all information,
data, agreements, letters, documents, reports and records, which are oral or in writing, containing confidential information concerning
the Company and any of its affiliates or assets which is delivered or made available by the Company or its representatives or affiliates
to the Service Provider after the date hereof; provided that Confidential Information does not include (x) information which
is obtained by the Service Provider after the date hereof from a source other than the Company or its representatives or affiliates
that is not bound by an obligation to keep such information confidential, (y) information which is or becomes generally available
to the public other than as a result of a disclosure in violation of this Agreement, or (z) information developed independently
by the Service Provider without reference to or use of the Confidential Information.

 

    Page 3

     

    

 

ARTICLE
V

Indemnification; Disclaimer and Limitation of Liability; Opportunities.

 

Section 5.1
Indemnity and Liability. Subject to Section 3.1, the Company shall (i) indemnify, exonerate and hold
the Service Provider and each of its partners, shareholders, members, affiliates, directors, officers, fiduciaries, managers, controlling
persons, employees, independent contractors and agents and each of the partners, shareholders, members, affiliates, directors,
officers, fiduciaries, managers, controlling persons, employees, independent contractors and agents of each of the foregoing (collectively,
the “Related Parties”) free and harmless from and against any and all actions, causes of action, suits, claims,
liabilities, losses, damages and costs and out-of-pocket expenses in connection therewith (including attorneys’ fees and
expenses) incurred by the Related Parties or any of them before or after the date of this Agreement (collectively, the “Indemnified
Liabilities”), arising out of any action, cause of action, suit, arbitration, investigation or claim arising out of,
or in any way relating to, (i) this Agreement, any transaction to which the Company is a party or any other circumstances with
respect to the Company or (ii) the operations of, or the Services or Office Space provided by the Service Provider to, the Company,
or any of its affiliates from time to time; provided, however, that the foregoing indemnification rights will not
be available to the extent that any such Indemnified Liabilities arose on account of such Indemnitee’s gross negligence or
willful misconduct; and provided, further, that if and to the extent that the foregoing undertaking may be unavailable
or unenforceable for any reason, the Company hereby agrees to make the maximum contribution to the payment and satisfaction of
each of the Indemnified Liabilities which is permissible under applicable law. For purposes of this Section 5.1, none of
the circumstances described in the limitations contained in the two provisos in the immediately preceding sentence will be deemed
to apply absent a final non-appealable judgment of a court of competent jurisdiction to such effect, in which case to the extent
any such limitation is so determined to apply to any Indemnitee as to any previously advanced indemnity payments made by the Company,
then such payments will be promptly repaid by such Indemnitee to the Company without interest. The rights of any Indemnitee to
indemnification hereunder will be in addition to any other rights any such person may have under any other agreement or instrument
to which such Indemnitee is or becomes a party or is or otherwise becomes a beneficiary or under law or regulation.

 

Section 5.2
Disclaimer; Standard of Care. The Service Provider makes no representations or warranties, express or implied, in
respect of the Services. In no event will the Service Provider or its Related Parties be liable to the Company or any of its affiliates
for any act, alleged act, omission or alleged omission that does not constitute gross negligence or willful misconduct by the Service
Provider as determined by a final, non-appealable determination of a court of competent jurisdiction.

 

    Page 4

     

    

 

ARTICLE
VI

TERMINATION

 

Section 6.1
Termination. This Agreement shall terminate upon the earlier of (a) the Termination Date and (b) the mutual
agreement of the Parties.

 

Section 6.2
The Company’s Right to Terminate for Cause. The Company may terminate its participation in this Agreement or
any part hereof for cause, immediately and without prior written notice, in the event of any of the following by the Service Provider:
(a) a material breach of any provision of this Agreement; (b) a failure to fulfill or perform any duties or obligations to
the Company pursuant to this Agreement; provided that the Service Provider fails to remedy any such failure within thirty
(30) days of its receipt of a written notice from the Company of its intent to terminate this Agreement; or (c) if (i) any proceeding
in bankruptcy, reorganization or arrangement for the appointment of a receiver or trustee to take possession of the Service Provider’s
assets or any other proceeding under any law for relief from creditors shall be instituted by or against the Service Provider (and
such proceeding is not dismissed within sixty (60) days from the filing date); or (ii) if the Service Provider shall make an assignment
for the benefit of its creditors.

 

Section 6.3
The Service Provider’s Right to Terminate for Cause. The Service Provider may terminate its participation in
this Agreement or any part hereof for cause, immediately and without prior written notice, in the event of (a) any of failure
by the Company to pay to the Service Provider any amount due pursuant to this Agreement by the Company if such failure continues
for a period of thirty (30) consecutive days after receipt of written notice of such failure from such Service Provider, (b) the
commencement by the Company of a voluntary case under any applicable bankruptcy, insolvency, reorganization, rehabilitation or
other similar law, or the consent by it to the appointment of or taking possession by a receiver, liquidator, assignee, trustee,
custodian, sequestrator (or other similar official) of the Company or for any substantial part of its property, or the making by
it of any assignment for the benefit of creditors, or (c) the entry of a decree or order for relief by a court having jurisdiction
in the premises in respect of the Company in an involuntary case under any applicable bankruptcy, insolvency or other similar law,
or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator or similar official of the Company or for any
substantial part of its property, or ordering the winding-up or liquidation of its affairs, and the continuance of any such decree
or order unstayed and in effect for a period of thirty (30) consecutive days.

 

Section 6.4
Effect of Termination. In the event of a termination of this Agreement, the Company will pay the Service Provider
or its designees all unpaid amounts due pursuant to Article II and Section 5.1 with respect to the periods prior
to the termination of this Agreement. This Section 6.4 and Articles III, IV, V and VII shall
survive any termination of this Agreement.

 

    Page 5

     

    

 

ARTICLE
VII

MISCELLANEOUS

 

Section 7.1
Independent Contractor Status. This Agreement shall not be construed as creating any agency, partnership, joint venture,
or other similar legal relationship between or among the Parties; nor will any Party hold itself out as an agent, partner, or joint
venture party of another Party. Each Party shall be, and shall act as, independent contractors. No Party shall have authority to
create any obligation for another Party. Further, the Service Provider shall be responsible for: (1) selecting and hiring its employees
legally, including compliance with all applicable laws in connection therewith; (2) paying its employees’ wages and other
benefits that the Service Provider offers to such employees in accordance with applicable laws; (3) paying or withholding all required
payroll taxes and mandated insurance premiums; (4) providing workers’ compensation coverage for employees as required by
law; and (5) fulfilling employer’s obligations with respect to unemployment compensation. The Service Provider shall indemnify
the Company from a claim made by the Service Provider’s employee or agent against the Company alleging rights or benefits
as a Company employee.

 

Section 7.2
Notices. All notices, requests, demands and other communications given hereunder shall be in writing and personally
delivered or mailed by registered or certified mail, postage prepaid, to the address of the Office Space, or to any other address
designated by a Party in accordance with the provisions of this Section 7.2. Each such notice or other communication shall
for all purposes of this Agreement be treated as effective or as having been received when delivered, if delivered by hand or by
messenger (or overnight courier), 24 hours after confirmed receipt if sent by facsimile transmission or at the earlier of its receipt
or on the fifth (5th) day after mailing, if mailed, as aforesaid.

 

Section 7.3
Entire Agreement. This Agreement constitute the entire agreement between and among the Parties hereto with respect
to the transactions contemplated hereby, and supersede all written and verbal negotiations, representations, warranties, commitments,
and other understandings prior to the date hereof between the Service Provider and the Company.

 

Section 7.4
Amendment and Waiver. This Agreement may be amended, and the observance of any clause of this Agreement may be waived,
only with the written consent of all Parties affected thereby. Any waiver by either Party hereto of any provision of this Agreement
shall not be construed as a waiver of any other provision of this Agreement, nor shall such waiver be construed as a waiver of
such provision with respect to any other event or circumstance, whether past, present or future.

 

Section 7.5
Execution in Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original,
but all of which together shall constitute one and the same agreement.

 

Section 7.6
Assignment. The Service Provider hereby acknowledges that the Services to be provided to the Company hereunder are
unique and personal. Accordingly, the Service Provider shall not assign this Agreement or any rights hereunder without the prior
written consent of the Company. Any attempted assignment without such written consent shall be null and void.

 

    Page 6

     

    

 

Section 7.7
Governing Law; Forum Selection; Waiver of Jury Trial. This Agreement shall be governed by, and construed in accordance
with, the laws of the State of New York. SUBJECT TO SECTION 7.8, EACH OF THE PARTIES HERETO IRREVOCABLY SUBMITS TO THE
EXCLUSIVE JURISDICTION OF ANY STATE COURT IN NEW YORK COUNTY IN THE STATE OF NEW YORK OR ANY U.S. FEDERAL COURT SITTING IN NEW
YORK COUNTY IN NEW YORK STATE IN RESPECT OF ANY AND ALL SUITS, CLAIMS, DISPUTES, CHALLENGES, ACTIONS OR PROCEEDING ARISING OUT
OF OR RELATING TO THIS AGREEMENT, THE RIGHTS OF ANY PARTY HERETO UNDER THIS AGREEMENT, AND THE PERFORMANCE OF THE OBLIGATIONS IMPOSED
BY THIS AGREEMENT (“CLAIMS”), AND IRREVOCABLY ACCEPTS FOR ITSELF AND IN RESPECT OF ITS PROPERTY, GENERALLY AND UNCONDITIONALLY,
THE JURISDICTION OF THE AFORESAID COURTS. SUBJECT TO SECTION 7.8, EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES, TO THE
FULLEST EXTENT IT MAY EFFECTIVELY DO SO UNDER APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF
THE VENUE OF ANY SUCH CLAIM BROUGHT IN ANY SUCH COURT AND ANY CLAIM BROUGHT IN ANY SUCH COURT HAS BEEN BROUGHT IN AN INCONVENIENT
FORUM. THE PARTIES WAIVE THE RIGHT TO A TRIAL BY JURY IN ANY DISPUTE OR OTHER CLAIM IN CONNECTION WITH THIS AGREEMENT.

 

Section 7.8
Arbitration.

 

(a)
If any Claim arises, the party making such Claim shall provide a written notice (a “Claim Notice”) to
the other party hereto, specifying the nature of the Claim and thereafter, the parties shall negotiate in good faith to resolve
such Claim expeditiously. If the parties do not resolve the Claim within forty-five (45) days of a Claim Notice, the parties shall
endeavor in good faith to resolve such Claim expeditiously using informal dispute resolution techniques, such as mediation, expert
evaluation, or determination or similar techniques reasonably agreed by the parties. If the parties do not resolve the Claim within
ninety (90) days of a Claim Notice, then the Claim shall be submitted to mandatory, final and binding arbitration administered
by JAMS, Inc. (“JAMS”) pursuant to its Comprehensive Arbitration Rules and Procedures in effect at the time
of filing of the demand for arbitration, subject to the provisions of this Section 7.8, pursuant to the Federal Arbitration
Act, 9 U.S.C., Section 1 et seq. The place of arbitration shall be Scottsdale, Arizona.

 

(b)
There shall be three (3) arbitrators, with one arbitrator to be appointed by each party and the third to be appointed by
the two (2) arbitrators so appointed. The arbitrators shall be agreed upon by the parties within twenty (20) days of receipt by
the respondent of a copy of the demand for arbitration. If the parties do not agree upon arbitrators within this time limit, such
arbitrators shall be appointed by JAMS in accordance with the listing, striking and ranking procedure in the Rules, with each party
being given a limited number of strikes, except for cause. Any arbitrator appointed by JAMS shall be a retired judge or a practicing
attorney with no less than twenty years of experience with corporate and limited liability company matters and an experienced arbitrator.
In rendering an award, such arbitrators shall be required to follow the laws of the state of New York.

 

    Page 7

     

    

 

(c)
The arbitration shall be the sole and exclusive forum for resolution of the Claim, and the award shall be in writing, state
the reasons for the award, and be final and binding. Judgment thereon may be entered in any court of competent jurisdiction. The
arbitrators shall not be permitted to award punitive, multiple or other non-compensatory damages. Any costs or fees (including
attorneys’ fees and expenses) incident to enforcing the award shall be charged against the party resisting such enforcement.
The arbitrators shall be permitted to, but shall not be required to, award to the prevailing party, if any, the costs and attorneys’
fees reasonably incurred by the prevailing party in connection with the arbitration.

 

(d)
The parties agree that the arbitration shall be kept confidential and that the existence of the proceeding and any element
of it (including but not limited to any pleadings, briefs or other documents submitted or exchanged, any documents disclosed by
one party to another, testimony or other oral submission and any awards or decisions) shall not be disclosed beyond the arbitrators,
JAMS, the parties, their legal and professional advisors, and any person necessary for the conduct of the arbitration, except as
may be required in judicial proceedings relating to the arbitration, or by law, regulatory or governmental authority.

 

(e)
Barring extraordinary circumstances (as determined in the sole discretion of the arbitrator), discovery shall be limited
to pre-hearing disclosure of documents that each side will present in support of its case, and, in response to reasonable documents
requests, non-privileged documents in the responding party’s possession or custody, not otherwise readily available to the
party seeking the documents, and reasonably believed to exist, that may be relevant and material to the outcome of disputed issues.
There shall be no depositions.

 

(f)   
By agreeing to arbitration, the parties do not intend to deprive any court of its jurisdiction to issue a pre-arbitral injunction,
pre-arbitral attachment, or other order in aid of arbitration proceedings and the enforcement of any award. Without prejudice to
such provisional remedies as may be available under the jurisdiction of a court, the arbitrator shall have full authority to grant
provisional remedies and to direct the parties to request that any court modify or vacate any temporary or preliminary relief issued
by such court, and to award damages for the failure of any party to respect the arbitrator’s orders to that effect. In any
such judicial action: (i) each of the parties irrevocably and unconditionally consents to the exclusive jurisdiction and venue
of the federal or state courts located in New York (the “New York Courts”) for the purpose of any pre-arbitral
injunction, pre-arbitral attachment, or other order in aid of arbitration proceedings, and to the non-exclusive jurisdiction of
such courts for the enforcement of any judgment on any award; (ii) each of the parties irrevocably waives, to the fullest
extent they may effectively do so, any objection, including any objection to the laying of venue or based on the grounds of forum
non conveniens or any right of objection to jurisdiction on account of its place of incorporation or domicile, which it may now
or hereafter have to the bringing of any such action or proceeding in any New York Courts; (iii) each of the parties irrevocably
consents to service of process by first class certified mail, return receipt requested, postage prepaid; and (iv) each of
the parties hereby irrevocably waives any and all right to trial by jury.

 

Section 7.9
Severability. If any provision or provisions of this Agreement shall, for any reason, be deemed unenforceable or
in violation of law, such unenforceability or violation shall not affect the remaining provisions of this Agreement, which shall
continue in full force and effect and be binding upon the Parties hereto. The Parties will use their best efforts to agree upon
any changes in this Agreement which may be necessary in order to adjust its remaining provisions with regard to the omission of
any invalid clause in order to make this Agreement workable.

 

    Page 8

     

    

 

Section 7.10   
Section Headings. The headings of the sections, paragraphs, and exhibits herein are for the Parties’ convenient
reference only and shall not define or limit any of the terms or provisions hereof. Exhibits and other documents referred to in
this Agreement are an integral part hereof, unless the context of such reference indicates otherwise.

 

Section 7.11   
Damages. NOTWITHSTANDING ANYTHING CONTAINED HEREIN TO THE CONTRARY, IN NO EVENT SHALL ANY PARTY HERETO BE LIABLE
TO ANOTHER FOR PUNITIVE, INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES, INCLUDING LIABILITY FOR LOSS OF USE, LOSS OF PROFITS, LOSS
OF PRODUCT OR BUSINESS INTERRUPTION HOWEVER THE SAME MAY BE CAUSED, INCLUDING FAULT OR NEGLIGENCE OF ANY PARTY.

 

Section 7.12   
Construction. The words “hereof,” “herein,” and “hereunder” and words of similar
import when used in this Agreement refer to this Agreement as a whole and not to any particular provision of this Agreement, and
section and subsection references are to this Agreement unless other-wise specified. The words “include” or “including”
when used in this Agreement are deemed to be followed by the words “but not be limited to” or “but not limited
to,” respectively.

 

[The remainder of this page is intentionally
left blank.]

 

    Page 9

     

    

 

IN WITNESS WHEREOF,
the Parties hereto have caused this Support Services Agreement to be signed as of the date set forth below.

 

	 	SOCIAL LEVERAGE ACQUISITION CORP
    I
	 	 	 
	 	By:	/s/
Paul Grinberg
	 	 	Name:Paul Grinberg
	 	 	Title:  Executive Chairman
	 	 	 
	 	Social Leverage Acquisition Sponsor
    I 

LLC
	 	 	 
	 	By:	/s/
Paul Grinberg
	 	 	Name: Paul Grinberg
	 	 	Title:  Manager

 

[Signature Page to Support Services Agreement]Exhibit 10.5

 

SPONSOR
WARRANTS PURCHASE AGREEMENT

 

THIS SPONSOR WARRANTS PURCHASE AGREEMENT
(as it may from time to time be amended and including all exhibits referenced herein, this “Agreement”),
dated as of February 11, 2021, is entered into by and between Social Leverage Acquisition Corp I, a Delaware corporation (the “Company”),
and Social Leverage Acquisition Sponsor I LLC, a Delaware limited liability company (the “Purchaser”).

 

WHEREAS, the Company intends to consummate
an initial public offering of the Company’s units (the “Public Offering”), each unit consisting
of one share of Class A common stock of the Company, par value $0.0001 per share (a “Share”), and one-fourth
of one redeemable warrant, each whole warrant entitling the holder to purchase one Share at an exercise price of $11.50 per Share,
as set forth in the Company’s Registration Statement on Form S-1, as amended, filed with the U.S. Securities and Exchange
Commission, No. 333-252392 (the “Registration Statement”), under the Securities Act of 1933, as amended
(the “Securities Act”).

 

WHEREAS, the Purchaser has agreed to purchase,
at a price of $1.50 per warrant, an aggregate of 6,000,000 warrants (the “Private Placement Warrants”),
each Private Placement Warrant entitling the holder to purchase one Share at an exercise price of $11.50 per Share.

 

NOW THEREFORE, in consideration of the mutual
promises contained in this Agreement and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties to this Agreement hereby, intending legally to be bound, agree as follows:

 

AGREEMENT

 

Section 1. Authorization, Purchase
and Sale; Terms of the Private Placement Warrants.

 

A. Authorization
of the Private Placement Warrants. The Company has duly authorized the issuance and sale of the Private Placement Warrants,
and, subject to proper exercise of the Private Placement Warrants and against payment therefor, the Shares underlying such Private
Placement Warrants, to the Purchaser.

 

B. Purchase
and Sale of the Private Placement Warrants.

 

(i) On
the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser
and the Company (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the
Purchaser shall purchase from the Company, 6,000,000 Private Placement Warrants at a price of $1.50 per Private Placement Warrant
for an aggregate purchase price of $9,000,000 (the “Purchase Price”). The Purchaser shall pay, at least
one (1) business day prior to the IPO Closing Date, the Purchase Price by wire transfer of immediately available funds, to accounts
designated by the Company, including to the trust account (the “Trust Account”), at a financial institution
to be chosen by the Company, maintained by Continental Stock Transfer & Trust Company, acting as trustee, in accordance with
the Company’s wiring instructions. On the IPO Closing Date, subject to receipt of funds pursuant to the immediately prior
sentence, the Company shall effect such delivery in book-entry form.

 

    

    

    

 

C. Terms
of the Private Placement Warrants.

 

(i) The
Private Placement Warrants are substantially identical to the warrants underlying the units to be offered in the Public Offering
except that (a) the Private Placement Warrants (including the underlying Shares issuable upon exercise of the Private Placement
Warrants) will not, except in limited circumstances, be transferable or salable until 30 days after the completion of the Company’s
initial business combination (the “Business Combination”) so long as they are held by the Purchaser or
its permitted transferees, and (b) the Private Placement Warrants are being purchased pursuant to an exemption from the registration
requirements of the Securities Act and will become freely tradable only after the expiration of the lockup described above in clause
(a) and they are registered pursuant to the Registration Rights Agreement (as defined below) or an exemption from registration
is available, and the restrictions described above in clause (a) have expired and (c) each Private Placement Warrant shall
have the terms set forth for private placement warrants in a Warrant Agreement to be entered into by the Company and a warrant
agent in connection with the Public Offering (the “Warrant Agreement”).

 

(ii) On
or prior to the IPO Closing Date, the Company and the Purchaser shall enter into a registration rights agreement (the “Registration
Rights Agreement”) pursuant to which the Company will grant certain registration rights to the Purchaser relating
to the Private Placement Warrants and the Shares underlying the Private Placement Warrants.

 

Section 2. Representations and Warranties
of the Company.

 

As a material inducement to the Purchaser
to enter into this Agreement and purchase the Private Placement Warrants, the Company hereby represents and warrants to the Purchaser
(which representations and warranties shall survive each Closing Date) that:

 

A. Incorporation
and Corporate Power. The Company is a corporation duly incorporated, validly existing and in good standing under the
laws of the State of Delaware and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably
be expected to have a material adverse effect on the financial condition, operating results or assets of the Company. The Company
possesses all requisite corporate power and authority necessary to carry out the transactions contemplated by this Agreement and
the Warrant Agreement.

 

B. Authorization;
No Breach.

 

(i) The
execution, delivery and performance of this Agreement and the Private Placement Warrants, and, subject to proper exercise of the
Private Placement Warrants and against payment therefor, the Shares underlying such Private Placement Warrants, have been duly
authorized by the Company. This Agreement constitutes the valid and binding obligation of the Company, enforceable in accordance
with its terms, subject to bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other laws of general
applicability relating to or affecting creditors’ rights and to general equitable principles (whether considered in a proceeding
in equity or law). Upon issuance in accordance with, and payment pursuant to, the terms of the Warrant Agreement and this Agreement,
the Private Placement Warrants, will constitute valid and binding obligations of the Company, enforceable in accordance with their
terms as of each Closing Date.

 

    2

    

    

 

(ii) The
execution and delivery by the Company of this Agreement and the Private Placement Warrants, the issuance and sale of the Private
Placement Warrants, the issuance of the Shares upon exercise of the Private Placement Warrants and the fulfillment of and compliance
with the respective terms hereof and thereof by the Company, do not and will not as of each Closing Date (a) conflict with or result
in a breach of the terms, conditions or provisions of, (b) constitute a default under, (c) result in the creation of any lien,
security interest, charge or encumbrance upon the Company’s capital stock or assets under, (d) result in a violation of,
or (e) require any authorization, consent, approval, exemption or other action by or notice or declaration to, or filing with,
any court or administrative or governmental body or agency pursuant to the Company’s amended and restated certificate of
incorporation and bylaws (each, in effect on the date hereof or as may be amended prior to completion of the contemplated Public
Offering) or any material law, statute, rule or regulation to which the Company is subject, or any agreement, order, judgment or
decree to which the Company is subject, except for any filings required after the date hereof under federal or state securities
laws.

 

C. Title
to Securities. Upon issuance in accordance with, and payment pursuant to, the terms hereof and the Warrant Agreement,
the Shares issuable upon exercise of the Private Placement Warrants will be duly and validly issued, fully paid and nonassessable.
On the date of issuance of the Private Placement Warrants, the Shares issuable upon exercise of the Private Placement Warrants
shall have been reserved for issuance. Upon issuance in accordance with, and payment pursuant to, the terms hereof and the Warrant
Agreement (as applicable), the Purchaser will have good title to the Private Placement Warrants, including the Shares issuable
upon exercise of the Private Placement Warrants, free and clear of all liens, claims and encumbrances of any kind, other than (i)
transfer restrictions hereunder and under the other agreements contemplated hereby, (ii) transfer restrictions under federal and
state securities laws, and (iii) liens, claims or encumbrances imposed due to the actions of the Purchaser.

 

D. Governmental
Consents. Assuming the accuracy of the representations and warranties made by the Purchaser in this Agreement, no consent,
approval, order or authorization of, or registration, qualification, designation, declaration or filing with, any federal, state
or local governmental authority is required on the part of the Company in connection with the consummation of the transactions
contemplated by this Agreement, except for applicable requirements of the Securities Act.

 

Section 3. Representations and Warranties
of the Purchaser.

 

As a material inducement to the Company
to enter into this Agreement and issue and sell the Private Placement Warrants to the Purchaser, the Purchaser hereby represents
and warrants to the Company (which representations and warranties shall survive each Closing Date) that:

 

A. Organization
and Requisite Authority. The Purchaser possesses all requisite power and authority necessary to carry out the transactions
contemplated by this Agreement.

 

    3

    

    

 

B. Authorization;
No Breach.

 

(i) This
Agreement constitutes a valid and binding obligation of the Purchaser, enforceable in accordance with its terms, subject to bankruptcy,
insolvency, fraudulent conveyance, reorganization, moratorium and other laws of general applicability relating to or affecting
creditors’ rights and to general equitable principles (whether considered in a proceeding in equity or law).

 

(ii) The
execution and delivery by the Purchaser of this Agreement and the fulfillment of and compliance with the terms hereof by the Purchaser
do not and shall not as of each Closing Date (a) conflict with or result in a breach by the Purchaser of the terms, conditions
or provisions of, (b) constitute a default under, (c) result in the creation of any lien, security interest, charge or encumbrance
upon the Purchaser’s equity or assets under, (d) result in a violation of, or (e) require any authorization, consent, approval,
exemption or other action by or notice or declaration to, or filing with, any court or administrative or governmental body or agency
pursuant to the Purchaser’s organizational documents in effect on the date hereof or as may be amended prior to completion
of the contemplated Public Offering, or any material law, statute, rule or regulation to which the Purchaser is subject, or any
agreement, instrument, order, judgment or decree to which the Purchaser is subject, except for any filings required after the date
hereof under federal or state securities laws.

 

C. Investment
Representations.

 

(i) The
Purchaser is acquiring the Private Placement Warrants, and, upon exercise of the Private Placement Warrants, the Shares issuable
upon such exercise (collectively, the “Securities”) for its own account, for investment purposes only
and not with a view towards, or for resale in connection with, any public sale or distribution thereof.

 

(ii) The
Purchaser understands that the Securities are being offered and will be sold to it in reliance on specific exemptions from the
registration requirements of the United States federal and state securities laws and that the Company is relying upon the truth
and accuracy of, and the Purchaser’s compliance with, the representations and warranties of the Purchaser set forth herein
in order to determine the availability of such exemptions and the eligibility of the Purchaser to acquire such Securities.

 

(iii) The
Purchaser is an “accredited investor” as such term is defined in Rule 501(a)(3) of Regulation D under the Securities
Act, and the Purchaser has not experienced a disqualifying event as enumerated pursuant to Rule 506(d) of Regulation D under the
Securities Act. The Purchaser did not decide to enter into this Agreement as a result of any general solicitation or general advertising
within the meaning of Rule 502(c) of Regulation D under the Securities Act.

 

(iv) The
Purchaser has been furnished with all materials relating to the business, finances and operations of the Company and materials
relating to the offer and sale of the Securities which have been requested by the Purchaser. The Purchaser has been afforded the
opportunity to ask questions of the executive officers and directors of the Company. The Purchaser understands that its investment
in the Securities involves a high degree of risk and it has sought such accounting, legal and tax advice as it has considered necessary
to make an informed investment decision with respect to the acquisition of the Securities.

 

    4

    

    

 

(v) The
Purchaser understands that no United States federal or state agency or any other government or governmental agency has passed on
or made any recommendation or endorsement of the Securities or the fairness or suitability of the investment in the Securities
by the Purchaser nor have such authorities passed upon or endorsed the merits of the offering of the Securities.

 

(vi) The
Purchaser understands that: (a) the Securities have not been and are not being registered under the Securities Act or any state
securities laws, and may not be offered for sale, sold, assigned or transferred unless (1) subsequently registered thereunder or
(2) sold in reliance on an exemption therefrom; (b) except as specifically set forth in the Registration Rights Agreement, neither
the Company nor any other person is under any obligation to register the Securities under the Securities Act or any state securities
laws or to comply with the terms and conditions of any exemption thereunder; and (c) Rule 144 adopted pursuant to the Securities
Act will not be available for resale transactions of the Securities prior to a Business Combination and may not be available for
resale transactions of the Securities after a Business Combination.

 

(vii) The
Purchaser has such knowledge and experience in financial and business matters, knowledge of the high degree of risk associated
with investments in the securities of companies in the development stage such as the Company, is capable of evaluating the merits
and risks of an investment in the Securities and is able to bear the economic risk of an investment in the Securities in the amount
contemplated hereunder for an indefinite period of time. The Purchaser has adequate means of providing for its current financial
needs and contingencies and will have no current or anticipated future needs for liquidity which would be jeopardized by the investment
in the Securities. The Purchaser can afford a complete loss of its investments in the Securities.

 

(viii) The
Purchaser understands that the Private Placement Warrants shall bear the legend substantially in the form set forth in the Warrant
Agreement and be subject to appropriate “stop transfer restrictions”.

 

Section 4. Conditions of the Purchaser’s
Obligations.

 

The obligations of the Purchaser to purchase
and pay for the Private Placement Warrants are subject to the fulfillment, on or before each Closing Date, of each of the following
conditions:

 

A. Representations
and Warranties. The representations and warranties of the Company contained in Section 2 shall be true and correct at
and as of such Closing Date as though then made.

 

B. Performance.
The Company shall have performed and complied with all agreements, obligations and conditions contained in this Agreement that
are required to be performed or complied with by it on or before such Closing Date.

 

    5

    

    

 

C. No
Injunction. No litigation, statute, rule, regulation, executive order, decree, ruling or injunction shall have been
enacted, entered, promulgated or endorsed by or in any court or governmental authority of competent jurisdiction or any self-regulatory
organization having authority over the matters contemplated hereby, which prohibits the consummation of any of the transactions
contemplated by this Agreement or the Warrant Agreement.

 

D. Warrant
Agreement and Registration Rights Agreement. The Company shall have entered into the Warrant Agreement and the Registration
Rights Agreement, in each case on terms satisfactory to the Purchaser.

 

Section 5. Conditions of the Company’s
Obligations.

 

The obligations of the Company to the Purchaser
under this Agreement are subject to the fulfillment, on or before each Closing Date, of each of the following conditions:

 

A. Representations
and Warranties. The representations and warranties of the Purchaser contained in Section 3 shall be true and correct
at and as of such Closing Date as though then made.

 

B. Performance.
The Purchaser shall have performed and complied with all agreements, obligations and conditions contained in this Agreement that
are required to be performed or complied with by the Purchaser on or before such Closing Date.

 

C. Corporate
Consents. The Company shall have obtained the consent of its Board of Directors authorizing the execution, delivery
and performance of this Agreement and the Warrant Agreement and the issuance and sale of the Private Placement Warrants hereunder.

 

D. No
Injunction. No litigation, statute, rule, regulation, executive order, decree, ruling or injunction shall have been
enacted, entered, promulgated or endorsed by or in any court or governmental authority of competent jurisdiction or any self-regulatory
organization having authority over the matters contemplated hereby, which prohibits the consummation of any of the transactions
contemplated by this Agreement or the Warrant Agreement.

 

E. Warrant
Agreement. The Company shall have entered into the Warrant Agreement.

 

Section 6. Termination.

 

This Agreement may be terminated at any
time after June 30, 2021 upon the election by either the Company or the Purchaser upon written notice to the other party if the
closing of the Public Offering has not occurred prior to such date.

 

Section 7. Survival of Representations
and Warranties.

 

All of the representations and warranties
contained herein shall survive the applicable Closing Date.

 

    6

    

    

 

Section 8. Definitions.

 

Terms used but not otherwise defined in
this Agreement shall have the meaning assigned to such terms in the Registration Statement.

 

Section 9. Miscellaneous.

 

A. Successors
and Assigns. Except as otherwise expressly provided herein, all covenants and agreements contained in this Agreement
by or on behalf of any of the parties hereto shall bind and inure to the benefit of the respective successors of the parties hereto
whether so expressed or not. Notwithstanding the foregoing or anything to the contrary herein, the parties may not assign this
Agreement, other than assignments by the Purchaser to affiliates thereof (including, without limitation, one or more of its members).

 

B. Severability.
Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable
law, but if any provision of this Agreement is held to be prohibited by or invalid under applicable law, such provision shall be
ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of this Agreement.

 

C. Counterparts.
This Agreement may be executed simultaneously in two or more counterparts, none of which need contain the signatures of more than
one party, but all such counterparts taken together shall constitute one and the same agreement. Signatures to this Agreement transmitted
via facsimile or e-mail shall be valid and effective to bind the party so signing.

 

D. Descriptive
Headings; Interpretation. The descriptive headings of this Agreement are inserted for convenience only and do not constitute
a substantive part of this Agreement. The use of the word “including” in this Agreement shall be by way of example
rather than by limitation.

 

E. Governing
Law. This Agreement shall be deemed to be a contract made under the laws of the State of New York and for all purposes
shall be construed in accordance with the internal laws of the State of New York.

 

F. Amendments.
This Agreement may not be amended, modified or waived as to any particular provision, except by a written instrument executed by
the parties hereto.

 

[Signature page follows]

 

    7

    

    

 

IN WITNESS WHEREOF, the parties hereto have
executed this Agreement to be effective as of the date first set forth above.

 

	 	COMPANY:
	 	 	 
	 	SOCIAL LEVERAGE ACQUISITION CORP I
	 	 	 
	 	By:	/s/ Douglas Horlick
	 	 	Name:	Douglas Horlick
	 	 	Title:	President and Chief Operating Officer

 

	 	PURCHASER:
	 	 	 
	 	SOCIAL LEVERAGE ACQUISITION SPONSOR I LLC
	 	 
	 	By:	/s/ Paul Grinberg 
	 	 	Name:	Paul Grinberg
	 	 	Title:	Manager

 

[Signature Page to Private Placement
Warrants Purchase Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00321-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00321-of-00352.parquet"}]]