Document:

Exhibit 10.8

 

Execution Version

 

REGISTRATION RIGHTS AGREEMENT

 

This Registration Rights Agreement dated
as of July 1, 2020 (this “Agreement”), is made and entered into by and between GPAQ Acquisition Holdings, Inc.,
a Delaware corporation (the “Company”), and each of the purchasers set forth on the signature pages hereto (each,
a “Purchaser” and collectively, the “Purchasers”).

 

WHEREAS, this Agreement is being entered
into pursuant to the Note Purchase Agreement dated as of July 1, 2020 (the “Purchase Agreement”) at the Closing
(as defined in the Purchase Agreement) at which the Purchasers are purchasing, and the Company is issuing and selling, $20,721,293
in aggregate principal amount of the Company’s 8.00% Convertible Notes due 2025 (the “Notes”), which may
be converted into shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”),
on the terms and subject to the conditions set forth in the Purchase Agreement;

 

WHEREAS, in connection with its obligations
under the Purchase Agreement, the Company may issue to the Purchasers warrants to purchase shares of Common Stock (the “Warrants”)
on the terms and subject to the conditions set forth in the Warrant Agreement (as defined in the Purchase Agreement); and

 

WHEREAS, in connection with its purchase
of the Notes pursuant to the Purchase Agreement, the Purchasers wish to receive certain registration rights related to the shares
of Common Stock issuable upon conversion of the Notes and the shares of Common Stock issuable upon exercise of the Warrants, and
the Company desires to grant such rights on the terms and subject to the conditions set forth herein;

 

NOW, THEREFORE, in consideration of the
foregoing and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties
hereto hereby agree as follows:

 

Section 1. Definitions. As used
herein, the following terms have the indicated meanings, unless the context otherwise requires:

 

“Affiliate” has the meaning
given to such term in the Purchase Agreement.

 

“Agreement” has the meaning
given to such term in the preamble hereto.

 

“Beneficially Own,” “Beneficially
Owned,” “Beneficial Ownership” and “Beneficial Owner” with respect to any
securities means a Holder having such ownership, control or power to direct the voting with respect to, or which otherwise enables
a Holder to legally act with respect to, such securities as contemplated hereby, including without limitation pursuant to any agreement,
arrangement or understanding, regardless of whether in writing. Securities “Beneficially Owned” shall include
securities Beneficially Owned by all other persons with whom a Holder would constitute a “group” as within the meaning
of Section 13(d) of the Exchange Act.

 

     

     

    

 

“Blackout Period” means,
with respect to a Registration Statement, a period in each case commencing on the day immediately after the Company notifies the
Holders pursuant to Section 3(e) that they are required to suspend offers and sales of Registrable Securities because the Company,
in the good faith judgment of the Board, determines that the registration and distribution of (and/or the registration of the offer
and sale of) the Registrable Securities covered or to be covered by such Registration Statement would be seriously detrimental
to the Company and its stockholders (by requiring disclosure of material non-public information) and ending on the earlier of (x)
the date upon which the material non-public information to which the Blackout Period relates is disclosed to the public or ceases
to be material and (y) such time as the Company notifies the selling Holders that the Company will no longer delay such filing
of such Registration Statement, recommence taking steps to make such Registration Statement effective, or allow sales pursuant
to such Registration Statement to resume; provided that no Blackout Period may last for more than 90 consecutive days; and
provided, further, that during any period of 365 consecutive days, Blackout Periods may not, in the aggregate, last for
more than the result of 120 days minus the number of days that Holders were previously required pursuant to Section 3(e) to discontinue
and suspend disposition of Registrable Securities because of the happening of any event described in Section 3(d)(vi).

 

“Board” means the board
of directors of the Company.

 

“Business Day” means
any day of the year, other than a Saturday, Sunday, or other day on which the SEC is required or authorized to close.

 

“Common Stock” has the
meaning given to such term in the recitals hereto.

 

“Company” has the meaning
given to such term in the preamble hereto.

 

“Effectiveness Deadline”
means the first anniversary of the Closing Date (as defined in the Purchase Agreement).

 

“Effectiveness Period”
has the meaning given to such term in Section 3(d)(i).

 

“Equity Securities Offering”
means any underwritten registered offering of Relevant Securities, and any offering or placement of any Relevant Securities pursuant
to Rule 144A under the Securities Act.

 

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

 

“Family Member”
means (a) with respect to any individual, such individual’s spouse, any descendants (whether natural or adopted), any trust
all of the beneficial interests of which are owned by any of such individuals or by any of such individuals together with any organization
described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, the estate of any such individual, and any corporation,
association, partnership, limited liability company or other entity all of the equity interests of which are owned by those above
described individuals, trusts or organizations and (b) with respect to any trust, the owners of the beneficial interests of such
trust.

 

“FINRA” means the Financial
Industry Regulatory Authority.

 

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“Form S-1” means such
form under the Securities Act as in effect on the date of this Agreement or any successor registration form thereto under the Securities
Act subsequently adopted by the SEC.

 

“Form S-3” means such
form under the Securities Act as in effect on the date of this Agreement or any successor registration form thereto under the Securities
Act subsequently adopted by the SEC.

 

“Form S-4” means such
form under the Securities Act as in effect on the date of this Agreement or any successor registration form thereto under the Securities
Act subsequently adopted by the SEC.

 

“Form S-8” means such
form under the Securities Act as in effect on the date of this Agreement or any successor registration form thereto under the Securities
Act subsequently adopted by the SEC.

 

“Holder” means the Purchasers
or any Purchaser’s successors and Permitted Assignees who acquire rights in accordance with this Agreement with respect to
the Registrable Securities directly or indirectly from a Purchaser or another Holder (including from any Permitted Assignee) and
“Holders” means all of the foregoing individuals or entities.

 

“Inspector” means any
attorney, accountant or other agent retained by a Holder or any underwriter for the purposes provided in Section 3(d)(x).

 

“Market Standoff Period”
means, with respect to each Equity Securities Offering, the period beginning on the date of first sale of securities pursuant to
such Equity Securities Offering and ending on the date that shall be requested by the Company or the underwriters or initial purchasers
retained by the Company to facilitate such Equity Securities Offering; provided, however, that each such period shall
not be more than 120 days; and provided further that (a) such period shall be no longer than the shortest period imposed
by the Company or the underwriters or initial purchasers upon any other person or entity (including any lockup period imposed upon
the Company) and (b) if any other person or entity receives a waiver with respect to any such matters, the Holders shall be
given a waiver with respect to their Relevant Securities as well.

 

“Notes” has the meaning
given to such term in the recitals hereto.

 

“Permitted Assignee”
means any person or entity holding Registrable Securities, to whom rights to cause the Company to register the resale of Registrable
Securities granted to the Purchasers by the Company under Section 3 have been assigned in compliance with Section 4(a).

 

“Piggyback Offering”
has the meaning given to such term in Section 3(b)(i).

 

“Piggyback Registration Statement”
has the meaning given to such term in Section 3(b)(i).

 

“Piggyback Supplement”
has the meaning given to such term in Section 3(b)(i).

 

“Purchase Agreement”
has the meaning given to such term in the recitals hereto.

 

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“Purchaser” has the meaning
given to such term in the preamble hereto.

 

“register,” “registered,”
and “registration” refer to a registration effected by preparing and filing a registration statement in compliance
with the Securities Act, and the declaration or ordering of the effectiveness, or automatic effectiveness, of such registration
statement.

 

“Registrable Securities”
means (a) the Shares of Common Stock received by any Purchaser upon conversion of any Notes acquired by such Purchaser pursuant
to the Purchase Agreement and (b) the Shares of Common Stock received by any Purchaser upon exercise of any Warrants acquired by
such Purchaser pursuant to the Purchase Agreement and the Warrant Agreement. As to any particular Registrable Securities, such
securities shall cease to be Registrable Securities when (w) a Registration Statement with respect to the sale of such securities
shall have become effective under the Securities Act and such securities shall have been sold, transferred, disposed of or exchanged
in accordance with such Registration Statement, (x) such securities shall have been otherwise transferred (other than to a
Permitted Assignee who becomes a Holder in accordance with this Agreement), new certificates for such securities that do not bear
a legend restricting further transfer shall have been delivered by the Company and subsequent public distribution of them shall
not require registration under the Securities Act, (y) such securities are held by the Company or shall have ceased to be
outstanding, or (z) such securities are sold under Rule 144 or may be sold under Rule 144 free from volume limitations
under such rule.

 

“Registration Expenses”
has the meaning given to such term in Section 3(f).

 

“Registration Statement”
means any Piggyback Registration Statement, the Shelf Registration Statement and, if offers of Registrable Securities are
included in any other registration statement filed by the Company by means of a Piggyback Supplement, such other registration statement,
and “Registration Statements” means all such registration statements collectively.

 

“Relevant Security” means
the Shares, any other equity security of the Company or any of its subsidiaries and any security convertible into, or exercisable
or exchangeable for, any Shares or other such equity security.

 

“Rule 144” means
Rule 144 under the Securities Act.

 

“SEC” means the United
States Securities and Exchange Commission or any other federal agency at the time administering the Securities Act.

 

“SEC Effective Date”
means, with respect to a Registration Statement, the date as of which such Registration Statement is originally declared effective
by the SEC or otherwise becomes effective in accordance with the Securities Act.

 

“Securities Act” means
the Securities Act of 1933, as amended, or any similar federal statute promulgated in replacement thereof, and the rules and regulations
of the SEC thereunder, all as the same shall be in effect from time to time.

 

“Selling Expenses” has
the meaning given to such term in Section 3(f).

 

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“Shares” means the shares
of Common Stock received by a Holder upon conversion of any Notes acquired by a Purchaser pursuant to the Purchase Agreement and
the shares of Common Stock received by a Holder upon exercise of any Warrants acquired by the Purchaser and (a) any and all
shares of capital stock or other equity securities of the Company that are added to or exchanged or substituted for such shares
of Common Stock by reason of the declaration of any stock dividend or stock split, the issuance of any distribution or the reclassification,
readjustment, recapitalization or other such modification of the capital structure of the Company; and (b) any and all shares
of capital stock or other equity securities of any other corporation (now or hereafter organized under the laws of any state or
other governmental authority) with which the Company is merged, which results from any consolidation or reorganization to which
the Company is a party, or to which is sold all or substantially all of the shares or assets of the Company, for which such shares
of Common Stock are exchanged or substituted in connection with such merger, consolidation, reorganization or sale, if immediately
after such merger, consolidation, reorganization or sale, the Company or the stockholders of the Company own equity securities
having in the aggregate more than 50% of the total voting power of such other corporation.

 

“Shelf Registration Statement”
has the meaning given to such term in Section 3(a)(i).

 

“Transfer” has the meaning
given to such term in Section 2(a).

 

“VWAP Price” means, for
any period of measurement, the volume weighted average closing price of a share of Common Stock on the national securities exchange
on which the Common Stock is then listed (or admitted to trading).

 

“Warrants” has the meaning
given to such term in the recitals hereto.

 

Section 2. Market Standoff. Notwithstanding
anything to the contrary set forth in this Agreement, with respect to each Equity Securities Offering conducted after the date
hereof, the following provisions of this Section 2 shall apply, if and only if (x) the underwriters or initial purchasers retained
by the Company to facilitate such offering request, in connection with such offering, that the officers or directors or significant
stockholders of the Company refrain from selling any Relevant Security during any period, and (y) the Holders Beneficially Own
shares of Common Stock representing at least 5% of the fully diluted equity interests in the Company (calculated giving effect
to the conversion of all Notes and the exercise of all Warrants, and the exercise of all outstanding options, warrants and other
rights to purchase or acquire any Common Stock of the Company):

 

(a) Following
notice of the applicability of this Section 2, during the Market Standoff Period applicable to such Equity Securities Offering,
each Holder will not, without the prior written consent of the Company, (i) directly or indirectly offer, sell, agree to offer
or sell, solicit offers to purchase, grant any call option or purchase any put option with respect to, pledge, borrow or otherwise
dispose of any Relevant Security, or (ii) establish or increase any “put equivalent position” or liquidate or decrease
any “call equivalent position” (in each case within the meaning of Section 16 of the Exchange Act) with respect to
any Relevant Security, or otherwise enter into any swap, derivative or other transaction or arrangement that transfers to another,
in whole or in part, any economic consequence of ownership of a Relevant Security (each of the transactions described in the immediately
preceding clauses (i) and (ii), being referred to as a “Transfer”), regardless of whether such transaction is
to be settled by delivery of Relevant Securities, other securities, cash or other consideration; provided, however,
that a transfer to a Permitted Assignee will not be subject to this Section 2 and provided, further, that this Section 2(a)
will not prohibit transfers of Relevant Securities included in such Equity Securities Offering.

 

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(b) Furthermore,
each Holder hereby authorizes the Company during the Market Standoff Period to cause any transfer agent for the Relevant Securities
to decline to transfer, and to note stop transfer restrictions on the stock register and other records relating to, any Relevant
Securities for which such Holder is the record holder and, in the case of Relevant Securities for which such Holder is the Beneficial
Owner but not the record holder, agrees during the Market Standoff Period to cause the record holder thereof to cause the relevant
transfer agent to decline to transfer, and to note stop transfer restrictions on the stock register and other records relating
to, such Relevant Securities.

 

(c) Subject
to the provisions of Section 3(b), without the prior written consent of the Company, during the Market Standoff Period such Holder
(i) will not participate in the filing with the SEC of any registration statement, or circulate or participate in the circulation
of any preliminary or final prospectus or other disclosure document with respect to any proposed offering or sale of a Relevant
Security and (ii) will not exercise any rights the undersigned may have to require registration with the SEC of any proposed offering
or sale of a Relevant Security (including without limitation pursuant to this Agreement).

 

Section 3. Registration Rights.

 

(a) Shelf
Registration Statement.

 

(i) Registration
of Resales. The Company shall (i) file with the SEC a shelf registration statement on Form S-1 (or, if the Company is eligible
to use such form, Form S-3) relating to the registration of the offer and resale by the Holders of all of the Registrable Securities
(the “Shelf Registration Statement”) and (ii) use its commercially reasonable efforts to cause the Shelf Registration
Statement to be declared effective by the SEC no later than the Effectiveness Deadline; provided, however, that the
Company shall not be obligated to effect any such registration pursuant to this Section 3(a), or keep such registration or the
Shelf Registration Statement effective pursuant to Section 3(d)(i), during any Blackout Period. Any such Shelf Registration Statement
on Form S-1 may be converted to Form S-3 upon or after the Company becoming eligible to use Form S-3.

 

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(ii) Liquidated
Damages. If the Shelf Registration Statement is not declared effective on or prior to the Effectiveness Deadline, then each
Holder shall be entitled to a payment (with respect to each outstanding Registrable Security held by the Holder), as liquidated
damages and not as a penalty, of 0.25% of the Liquidated Damages Multiplier per 30-calendar-day period, which shall accrue daily,
for the first 60 calendar days immediately following the Effectiveness Deadline, increasing by an additional 0.25% of the Liquidated
Damages Multiplier per 30-calendar-day period, which shall accrue daily, for each subsequent 30-calendar-day period (i.e., 0.50%
for 61-90 calendar days, 0.75% for 91-120 calendar days and 1.00% thereafter), up to a maximum of 1.00% of the Liquidated Damages
Multiplier per 30-calendar-day period, until such time as such Shelf Registration Statement is declared effective or when the Registrable
Securities covered by such Shelf Registration Statement cease to be Registrable Securities (the “Liquidated Damages”).
As used herein, the term “Liquidated Damages Multiplier” means the product of the VWAP Price calculated for
the consecutive 5 trading day period beginning on and including the Closing Date (as defined in the Purchase Agreement) times
the number of issued and outstanding Shares held by such Holder. The Liquidated Damages payable pursuant to the immediately preceding
sentence shall be payable within 10 Business Days after the end of each such 30-calendar-day period. Any Liquidated Damages
shall be paid to each Holder in immediately available funds. The accrual of Liquidated Damages to a Holder shall cease (an “LD
Termination Date,” and, each such period beginning on an Effectiveness Deadline and ending on an LD Termination Date
being, an “LD Period”) at the earlier of (1) the Shelf Registration Statement being declared effective
and (2) when the Holder’s Registrable Securities covered by the Shelf Registration Statement cease to be Registrable
Securities. Any amount of Liquidated Damages shall be prorated for any period of less than 30 calendar days accruing during
an LD Period. If the Company is unable to cause a Shelf Registration Statement to be declared effective on or prior to the Effectiveness
Deadline as a result of an acquisition, merger, reorganization, disposition or other similar transaction, then the Company may
request a waiver of the Liquidated Damages, and each Holder may individually grant or withhold its consent to such request in its
discretion.

 

(b) Piggyback
Registration Rights.

 

(i) Piggyback
Registration. If after the date hereof, the Company shall determine to (A) file a registration statement to register the offer
and sale for cash of any of its Common Stock for its own account in an underwritten offering, other than (i) a registration
relating solely to employee benefit plans or securities issued or issuable to employees, directors or consultants (to the extent
the securities owned or to be owned by such consultants could be registered on Form S-8) or any of their Family Members (including
a registration on Form S-8), (ii) a registration on Form S-4 in connection with a merger, acquisition, divestiture, reorganization,
exchange offer or similar event, (iii) a registration in which the only Common Stock being registered is Common Stock issuable
upon conversion of debt securities that are also being registered or (iv) a shelf registration statement on Form S-3 or (B) file
a prospectus supplement to an effective shelf registration statement with respect to an underwritten public offering in which Holders
may be included (either by inclusion in the registration statement without the filing of a post-effective amendment thereto or
because the Shelf Registration Statement is effective) (an offering pursuant to clause (A) or (B), a “Piggyback Offering”),
then the Company shall promptly give to the Holders written notice thereof, and in no event shall such notice be given less than
(X) twenty (20) calendar days prior to the filing of a registration statement contemplated by clause (A) (a “Piggyback
Registration Statement”) or (Y) five (5) calendar days prior to the filing of a prospectus supplement contemplated by
clause (B) ( a “Piggyback Supplement”) and the Company shall, subject to Section 3(b)(ii), include in such Piggyback
Offering all of the Registrable Securities specified in a written request or requests, made within ten (10) calendar days (three (3)
calendar days in the case of a Piggyback Supplement) after receipt of such written notice from the Company, by any Holder or Holders.
However, the Company may, without the consent of the Holders, abandon such Piggyback Offering and withdraw such Piggyback Registration
Statement or Piggyback Supplement.

 

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(ii) Underwriting
Procedures. The right of any Holder to be included in a Piggyback Offering pursuant to Section 3(b)(i) shall be conditioned
upon such Holder’s participation in, and the inclusion of such Holder’s Registrable Securities in, the underwriting
arrangements with respect to such Piggyback Offering to the extent provided herein. All Holders proposing to sell their securities
through such Piggyback Offering shall (together with the Company) enter into an underwriting agreement in customary form with the
underwriter or underwriters selected for such Piggyback Offering by the Company. No Holder may participate in such Piggyback Offering
unless such Holder agrees to sell its Registrable Securities on the basis provided in such underwriting agreement and completes
and executes all questionnaires, powers of attorney, indemnities and other documents reasonably required under the terms of such
underwriting agreement. No Holder shall be required to make any representations or warranties to or agreements with the Company
or the underwriters other than representations, warranties or agreements regarding such Holder and its ownership of the securities
being registered on its behalf, its intended method of distribution and any other representation required by law, and no Holder
shall be required to agree to indemnify any person beyond the scope of the indemnification provided to the Company under Section
3(h). Notwithstanding any other provision of this Section 3(b)(ii), if the managing underwriter or the Company determines that
marketing factors require a limitation of the number of shares to be underwritten, the underwriters may exclude from such Piggyback
Offering the number of shares in excess of such limitation. The Company shall so advise all Holders (except those Holders who failed
to timely elect to sell their Registrable Securities through such Piggyback Offering or have indicated to the Company their decision
not to do so), and the number of shares that may be included in the underwriting shall be allocated:

 

(A) first,
to the Company;

 

(B) second,
to the Holders who have requested to sell their Registrable Securities in the Piggyback Offering and all other selling stockholders
who have rights of registration on parity with the Holders and have requested to sell securities in the Piggyback Offering, on
a pro rata basis according to the number of shares requested to be included; and

 

(C) then, to any other selling stockholders
who have registration rights and have requested to sell securities in the Piggyback Offering.

 

No Registrable Securities excluded from the underwriting
by reason of the underwriters’ marketing limitation shall be included in the Piggyback Offering. If any Holder disapproves
of the terms of the underwriting arrangements with respect to a Piggyback Offering, such Holder may elect to withdraw therefrom
by written notice to the Company and the managing underwriter; provided, however, that such withdrawal must be made at a
time prior to the time of the pricing of the Piggyback Offering. The Registrable Securities and/or other securities so withdrawn
from such underwriting shall also be withdrawn from such Piggyback Offering; provided, however, that, if by the withdrawal
of such Registrable Securities a greater number of Registrable Securities held by other Holders may be included in such Piggyback
Offering (up to the maximum of any limitation imposed by the underwriters), then the Company shall offer to all Holders who have
included Registrable Securities in the Piggyback Offering the right to include additional Registrable Securities pursuant to the
terms and limitations set forth herein in the same proportions described above.

 

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(iii) Notwithstanding
anything to the contrary set forth in this Agreement, the Company shall not be obligated to effect, or take any action to effect,
any Piggyback Offering pursuant to Section 3(b) after the Company has initiated two (2) such Piggyback Offerings (counting
for this purpose only Piggyback Offerings pursuant to which securities have been sold).

 

(c) Requested
Underwritings.

 

(i) In
the event that one or more Holders elects to sell $15 million or more of Registrable Securities pursuant to an underwritten public
offering under the Shelf Registration Statement, the Company shall, upon request by such Holders, retain underwriters in order
to permit such Holders to effect such offering. The obligation of the Company to retain underwriters shall include entering into
an underwriting agreement in customary form with the underwriters or initial purchasers, which shall include, among other provisions,
indemnities to the effect and to the extent provided in Section 3(h) and taking all reasonable actions as are requested by the
underwriters or initial purchaser to expedite or facilitate the disposition of such Registrable Securities. The Company shall,
upon request of the Holders, cause its management to participate in a roadshow or similar marketing effort on behalf of the Holders.

 

(ii) In
no event shall the Company be required to participate in more than one underwritten offering requested by the Holders.

 

(iii) In
connection with an underwritten offering pursuant to this Section 3(b)(iii), (A) Holders holding a majority of the Registrable
Securities being sold in such underwritten offering shall be entitled to select the managing underwriter or initial purchaser,
subject to the approval of the Company, which approval shall not be unreasonably withheld and (B) each Holder participating in
the underwritten offering and the Company shall be obligated to enter into an underwriting agreement in customary form. No Holder
may participate in such underwritten offering unless such Holder agrees to sell its Registrable Securities on the basis provided
in such underwriting agreement and completes and executes all questionnaires, powers of attorney, indemnities and other documents
reasonably required under the terms of such underwriting agreement. No Holder shall be required to make any representations or
warranties to or agreements with the Company or the underwriters other than representations, warranties or agreements regarding
such Holder and its ownership of the securities being registered on its behalf, its intended method of distribution and any other
representation required by law, and no Holder shall be required to agree to indemnify any person beyond the scope of the indemnification
provided to the Company under Section 3(h). If any Holder disapproves of the terms of the underwriting arrangements with respect
to such underwritten offering, such Holder may elect to withdraw therefrom by written notice to the Company and the underwriter;
provided, however, that such withdrawal must be made at a time prior to the time of pricing of such underwritten offering.
Neither the Company nor any selling stockholders who have registration rights shall have any right to include securities in an
underwritten offering by the Holders pursuant to this Section 3(b)(iii) and the Company shall not purport to grant any current
or future shareholder such right.

 

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(d) Registration
Procedures. In the case of each registration, offering, qualification, or compliance effected by the Company pursuant to Section
3(a), Section 3(b) or Section 3(c), the Company will keep each Holder including securities therein reasonably advised in writing
(which may include e-mail) as to the initiation of each registration, offering, qualification, and compliance and as to the completion
thereof. In addition, the Company hereby agrees as follows:

 

(i) The
Company will use its commercially reasonable efforts to cause the Shelf Registration Statement to become and remain effective at
least for a period ending with the first to occur of (A) the sale by the Holders of all Registrable Securities covered by such
Registration Statement, (B) the sale of such Registrable Securities under Rule 144, or (C) the date that is three years after
the SEC Effective Date of the Shelf Registration Statement; provided, however, that if the Company files the Shelf
Registration Statement on Form S-1, subsequently becomes eligible to use Form S-3, and files a post-effective amendment to such
Form S-1 on Form S-3 prior to the end of such period, the Company will use its commercially reasonable efforts to cause such Shelf
Registration Statement as amended to remain effective until the end of such period (in any such case, the “Effectiveness
Period”).

 

(ii) If
any Registration Statement becomes subject to review by the SEC, the Company will promptly respond to all comments and diligently
pursue resolution of any comments to the satisfaction of the SEC.

 

(iii) The
Company (A) will prepare and file with the SEC such amendments and supplements to each Shelf Registration Statement and any prospectus
used in connection therewith as may be reasonably necessary to keep such Shelf Registration Statement effective during the applicable
Effectiveness Period and (B) will comply with the provisions of the Securities Act with respect to the disposition of all securities
covered by such Shelf Registration Statement during such period in accordance with the intended method(s) of disposition by the
sellers thereof set forth in such Shelf Registration Statement.

 

(iv) The
Company will furnish, without charge, to each Holder (A) a reasonable number of copies of each Registration Statement (including
any exhibits thereto other than exhibits incorporated by reference), each amendment and supplement thereto as such Holder may request,
(B) such number of copies of the prospectus included in such Registration Statement (including each preliminary prospectus and
any other prospectus filed under Rule 424 under the Securities Act) as each Holder may request, in conformity with the requirements
of the Securities Act, and (C) such other documents as each Holder may reasonably request in order to facilitate the disposition
of the Registrable Securities owned by such Holder, but only during the applicable Effectiveness Period.

 

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(v) The
Company will use its commercially reasonable efforts to register or qualify the Registrable Securities under the applicable securities
or blue sky laws of such jurisdictions as the Holders of a majority of the Registrable Securities reasonably requests as may be
necessary for the marketability of the Registrable Securities (such request to be made by the time the relevant Registration Statement
is deemed effective by the SEC) and do any and all other acts and things which may be reasonably necessary or advisable to enable
the Holders to consummate the disposition in such jurisdictions of the Registrable Securities owned by the Holders; provided,
however, that the Company shall not be required to (A) qualify generally to do business in any jurisdiction where it would
not otherwise be required to qualify but for this paragraph (v), (B) subject itself to taxation in any such jurisdiction, or (C)
consent to general service of process in any such jurisdiction.

 

(vi) As
promptly as practicable after becoming aware of such event, the Company will notify each Holder of Registrable Securities being
offered or sold pursuant to each Registration Statement at any time when a prospectus relating thereto is required to be delivered
under the Securities Act of the happening of any event which comes to the Company’s attention if as a result of such event
the prospectus included in such Registration Statement contains an untrue statement of a material fact or omits to state any material
fact required to be stated therein or necessary to make the statements therein not misleading, and the Company shall promptly prepare
and furnish to such Holder a supplement or amendment to such prospectus (or prepare and file appropriate reports under the Exchange
Act) so that, as thereafter delivered to the purchasers of such Registrable Securities, such prospectus shall not contain an untrue
statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements
therein not misleading, unless suspension of the use of such prospectus otherwise is authorized herein or in the event of a Blackout
Period, in which case no supplement or amendment need be furnished (or Exchange Act filing made) until the termination of such
suspension or Blackout Period.

 

(vii) The
Company will comply, and continue to comply during the period that each Registration Statement is effective under the Securities
Act, in all material respects with the Securities Act and the Exchange Act and with all applicable rules and regulations of the
SEC with respect to the disposition of all securities covered by such Registration Statement.

 

(viii) As
promptly as practicable after becoming aware of such event, the Company will notify each Holder of Registrable Securities being
offered or sold pursuant to each Registration Statement of the issuance by the SEC of any stop order or other suspension of effectiveness
of such Registration Statement.

 

(ix) The
Company will permit the Holders of Registrable Securities being offered or sold pursuant to each Registration Statement and their
legal counsel, at such Holders’ sole cost and expense, to review and have a reasonable opportunity to comment on such Registration
Statement and all amendments and supplements thereto (unless such Registration Statement, amendments and supplements are filed
without inclusion of any Registrable Securities therein) at least two (2) Business Days prior to their filing with the SEC.

 

    11

     

    

 

(x) The
Company will make available for inspection by the Holders and any Inspector retained by the Holders, at the Holders’ sole
expense, all records as shall be reasonably necessary to enable the Holders and any underwriters to exercise their due diligence
responsibility, and cause the Company’s officers, directors, and employees to supply all information which the Holders, any
Inspector or any underwriter may reasonably request for purposes of such due diligence; provided, however, that the
Holders shall hold in confidence and shall not make any disclosure of any information which the Company determines in good faith
to be confidential, and of which determination the Holders are so notified at the time the Holders receive such information, unless
(A) the Holders have, or obtained, knowledge of such information without violation of or protection under any agreements with the
Company or, to its knowledge any third party, (B) the disclosure of such information is reasonably necessary to avoid or correct
a misstatement or omission in each Registration Statement and a reasonable time prior to such disclosure the Holders shall have
informed the Company of the need to so correct such misstatement or omission and the Company shall have failed to correct such
misstatement of omission, (C) the release of such information is ordered pursuant to a subpoena or other order from a court or
governmental body of competent jurisdiction or (D) the information has been made generally available to the public other than by
disclosure in violation of this Agreement or any other agreement. The Company shall not be required to disclose any confidential
information to any Holder, Inspector or underwriter until and unless such Holder, Inspector or underwriter shall have entered into
a confidentiality agreement with the Company with respect thereto, containing terms substantially similar to those set forth in
this Section 3(d)(x), which agreement shall permit an Inspector retained by any Holder to disclose information to such Holder.
Each Holder agrees that it shall, upon learning that disclosure of such information is sought in or by a court or governmental
body of competent jurisdiction or through other means, give prompt notice to the Company and allow the Company, at the Company’s
expense, to undertake appropriate action to prevent disclosure of, or to obtain a protective order for, the information deemed
confidential. The Company shall hold in confidence and shall not make any disclosure of information concerning the Holders provided
to the Company pursuant to this Agreement unless (1) disclosure of such information is reasonably necessary to comply with federal
or state securities laws, (2) disclosure of such information to the SEC’s Staff of the Division of Corporation Finance is
reasonably necessary to respond to comments raised by such staff in its review of such Registration Statement, (3) disclosure of
such information is reasonably necessary to avoid or correct a misstatement or omission in such Registration Statement, (4) release
of such information is ordered pursuant to a subpoena or other order from a court or governmental body of competent jurisdiction,
or (5) such information has been made generally available to the public other than by disclosure in violation of this or any other
agreement. The Company agrees that it shall, upon learning that disclosure of such information concerning the Holders is sought
in or by a court or governmental body of competent jurisdiction or through other means, give prompt notice to the Holders and allow
the Holders, at the Holders’ expense, to undertake appropriate action to prevent disclosure of, or to obtain a protective
order for, such information.

 

(xi) The
Company will use its commercially reasonable efforts to cause all the Registrable Securities covered by each Registration Statement
to be listed or quoted on the principal securities market on which securities of the same class or series issued by the Company
are then listed or traded.

 

    12

     

    

 

(xii) The
Company will provide a transfer agent and registrar, which may be a single entity, for the Registrable Securities at all times.

 

(xiii) The
Company will cooperate with the Holders of Registrable Securities being offered pursuant to each Registration Statement to facilitate
the timely preparation and delivery of certificates (not bearing any restrictive legends) representing Registrable Securities to
be offered pursuant to such Registration Statement and enable such certificates to be in such denominations or amounts as the Holders
may reasonably request.

 

(xiv) The
Company will take all other reasonable actions necessary to expedite and facilitate disposition by the Holders of the Registrable
Securities pursuant to each Registration Statement, including without limitation making its chief executive officer, president,
chief financial officer and other appropriate officers and personnel available to participate in marketing efforts with respect
to any registered underwritten public offering.

 

(xv) In
the case of an underwritten offering, the Company shall furnish to the participating Holders signed counterparts, addressed to
such Holders, of (i) any opinion of counsel to the Company delivered to any underwriter and (ii) any comfort letter from
the Company’s independent public accountants (or accountants for any entity acquired by the Company whose financial statements
are included in a Registration Statement) delivered to any underwriter.  In the event no legal opinion is delivered to any
underwriter, or in non-underwritten transactions, the Company shall furnish to participating Holders, at any time that such Holders
elect to use a prospectus, an opinion of counsel to the Company stating only that the Registration Statement containing such prospectus
has been declared effective and that no stop order is in effect.

 

(xvi) The
Company shall comply with all applicable rules and regulations of the SEC and the Securities Act.

 

(e) Suspension
of Offers and Sales. Each Holder of Registrable Securities agrees that, upon receipt of any notice from the Company of the
happening of any event of the kind described in Section 3(d)(vi) or of the commencement of a Blackout Period, such Holder shall
discontinue and suspend disposition of Registrable Securities pursuant to any Registration Statement until the Holder’s receipt
of the copies of the supplemented or amended prospectus contemplated by Section 3(d)(vi) or notice of the end of the Blackout Period,
and, if so directed by the Company, such Holder shall deliver to the Company (at the Company’s expense) all copies (including,
without limitation, any and all drafts), other than permanent file copies, then in such Holder’s possession, of the prospectus
covering such Registrable Securities current at the time of receipt of such notice.

 

    13

     

    

 

(f) Registration
Expenses. All expenses incident to the Company’s performance of or compliance with this Agreement, including without
limitation all registration and filing fees, messenger and delivery expenses, printing expenses, internal expenses (including without
limitation all salaries and expenses of its officers and employees performing legal or accounting duties), all fees and expenses
associated with filings required to be made with FINRA, as may be required by the rules and regulations of FINRA, fees and expenses
of compliance with securities or blue sky laws (including reasonable fees and disbursements of counsel in connection with blue
sky qualifications of the Registrable Securities), rating agency fees, the fees and expenses incurred in connection with the listing
of the securities to be registered on all securities exchanges on which similar securities issued by the Company are then quoted
or listed, reasonable fees and disbursements of counsel for the Company and its independent certified public accountants, and the
reasonable fees and expenses of any other persons retained by the Company, in connection with the registration hereunder (collectively,
the “Registration Expenses”) will be borne by the Company, but not including any roadshow expenses of the Holders,
fees and expenses of counsel for the Holders and any underwriting, broker or dealer discounts or commissions attributable to the
sale of Registrable Securities (which are hereinafter referred to as “Selling Expenses”). All Selling Expenses
shall be borne solely by the Holders.

 

(g) Information
by the Holder. The Holder or Holders of Registrable Securities included in any Registration Statement shall furnish to the
Company such information required under Regulation S-K under the Securities Act regarding such Holder or Holders and the distribution
proposed by such Holder or Holders as the Company may request in writing. No Holder of Registrable Securities will be entitled
to have such Registrable Securities included in a Registration Statement if such Holder does not furnish such information requested
by the Company.

 

(h) Indemnification.

 

(i) In
the event of the offer and sale of Registrable Securities under the Securities Act, the Company shall, and hereby does, indemnify
and hold harmless, to the fullest extent permitted by law, each Holder, its directors, officers and partners, each other person
who participates as an underwriter in the offering or sale of such securities, and each other person, if any, who controls or is
under common control with such Holder or any such underwriter within the meaning of Section 15 of the Securities Act, against any
losses, claims, damages, liabilities (joint or several), and expenses to which such Holder or any such director, officer or partner,
underwriter or controlling person may become subject under the Securities Act or otherwise, insofar as such losses, claims, damages,
liabilities or expenses (or actions or proceedings, whether commenced or threatened, in respect thereof) arise out of or are based
upon any untrue statement or alleged untrue statement of any material fact contained in (A) any Registration Statement, any preliminary
prospectus, final prospectus, summary prospectus or free writing prospectus, or any amendment or supplement thereto, or (B) in
any materials or information provided to investors by, or with the written approval of, the Company in connection with the marketing
of the offering of the Registrable Securities, including any road show or investor presentations made to investors by the Company
(whether in person or electronically), or any omission or alleged omission to state therein a material fact required to be stated
therein or necessary to make the statements therein (in the case of any prospectus or free writing prospectus, in light of the
circumstances in which they were made) not misleading, and the Company shall reimburse the Holder, and each such director, officer,
partner, underwriter and controlling person for any legal or any other expenses reasonably incurred by them in connection with
investigating, defending or settling any such loss, claim, damage, liability, action or proceeding; provided that the foregoing
shall not apply, and the Company shall not be liable, in any such case to the extent that any such loss, claim, damage, liability
(or action or proceeding, whether commenced or threatened, in respect thereof) or expense arises out of or is based upon (X) an
untrue statement or alleged untrue statement in or omission or alleged omission from such Registration Statement, any such preliminary
prospectus, final prospectus, summary prospectus or free writing prospectus, or any such amendment or supplement in reliance upon
and in conformity with written information furnished to the Company through an instrument duly executed by or on behalf of such
Holder specifically stating that it is for use in the preparation thereof, or (Y) such Holder’s failure to comply with the
terms of the plan of distribution mechanics described in the applicable prospectus. Such indemnity shall remain in full force and
effect regardless of any investigation made by or on behalf of the Holders, or any such director, officer, partner, underwriter
or controlling person, and shall survive the transfer of such shares by the Holders.

 

    14

     

    

 

(ii) As
a condition to including any Registrable Securities to be offered by a Holder in any Registration Statement, such Holder agrees
to be bound by the terms of this Section 3(h) and to indemnify and hold harmless, to the fullest extent permitted by law, the Company,
its directors and officers, each other person, if any, who controls the Company within the meaning of Section 15 of the Securities
Act, legal counsel and accountants for the Company, any underwriter, any other Holder selling securities in such Registration Statement
(or any other registration statement filed by the Company to which a Piggyback Supplement relates) and any controlling person within
the meaning of the Securities Act of any such underwriter or other Holder, against any losses, claims, damages, liabilities (joint
or several), and expenses to which the Company, any of its directors, officers, controlling persons, legal counsel or accountants,
any underwriter, any other Holder, or any controlling person of such underwriter or other Holder may become subject under the Securities
Act or otherwise, insofar as such losses, claims, damages, liabilities (or actions or proceedings, whether commenced or threatened,
in respect thereof) or expenses arise out of or are based upon (A) an untrue statement or alleged untrue statement in or omission
or alleged omission from any Registration Statement (or any other registration statement filed by the Company to which a Piggyback
Supplement relates), any preliminary prospectus, final prospectus, summary prospectus or free writing prospectus, or any amendment
or supplement thereto, if such statement or alleged statement or omission or alleged omission was made in reliance upon and in
conformity with written information furnished to the Company through an instrument duly executed by or on behalf of such Holder
specifically stating that it is for use in the preparation thereof, or (B) such Holder’s failure to comply with the terms
of the plan of distribution mechanics described in the applicable prospectus. Such indemnity shall remain in full force and effect
regardless of any investigation made by or on behalf of the Company, any such director, officer or controlling person, any such
underwriter or other Holder, or any controlling person of any such underwriter or other Holder, and shall survive the transfer
of such shares by the Holder, and such Holder shall reimburse the Company, any of its directors, officers, controlling persons,
legal counsel or accountants, any underwriter, any other Holder, or any controlling person of such underwriter or other Holder
for any legal or other expenses reasonably incurred by them in connection with investigating, defending, or settling such loss,
claim, damage, liability, action, or proceeding; provided, however, that such indemnity agreement found in this Section
3(h)(ii) shall in no event exceed the gross proceeds from the offering received by such Holder.

 

    15

     

    

 

(iii) Promptly
after receipt by an indemnified party of notice of the commencement of any action or proceeding involving a claim referred to in
Section 3(h)(i) or Section 3(h)(ii) (including any governmental action), such indemnified party shall, if a claim in respect thereof
is to be made against an indemnifying party, give written notice to the indemnifying party of the commencement of such action;
provided, however, that the failure of any indemnified party to give notice as provided herein shall not relieve
the indemnifying party of its obligations under Section 3(h)(i) or Section 3(h)(ii), except to the extent that the indemnifying
party is actually prejudiced by such failure to give notice. If any such action is brought against an indemnified party, unless
in the reasonable judgment of counsel to such indemnified party a conflict of interest between such indemnified and indemnifying
parties may exist (including situations in which the indemnified party may have defenses not available to the indemnifying party)
in respect of such claim, the indemnifying party shall be entitled to participate in and to assume the defense thereof, with counsel
reasonably satisfactory to such indemnified party and, after notice from the indemnifying party to such indemnified party of its
election so to assume the defense thereof, the indemnifying party shall not be liable to such indemnified party for any legal or
other expenses subsequently incurred by the latter in connection with the defense thereof, unless in such indemnified party’s
reasonable judgment a conflict of interest between such indemnified and indemnifying parties arises in respect of such claim after
the assumption of the defenses thereof or the indemnifying party fails to defend such claim in a diligent manner, other than reasonable
costs of investigation. Neither an indemnified nor an indemnifying party shall be liable for any settlement of any action or proceeding
effected without its consent. No indemnifying party shall, without the consent of the indemnified party, consent to entry of any
judgment or enter into any settlement, which does not include as an unconditional term thereof the giving by the claimant or plaintiff
to such indemnified party of a release from all liability in respect of such claim or litigation. Notwithstanding anything to the
contrary set forth herein, and without limiting any of the rights set forth above, in any event any party shall have the right
to retain, at its own expense, counsel with respect to the defense of a claim.

 

(iv) In
the event that an indemnifying party does or is not permitted to assume the defense of an action pursuant to Section 3(h)(iii)
or in the case of the expense reimbursement obligation set forth in Section 3(h)(i) and Section 3(h)(ii), the indemnification required
by Section 3(h)(i) and Section 3(h)(ii) shall be made by periodic payments of the amount thereof during the course of the investigation
or defense, as and when bills received or expenses, losses, damages, or liabilities are incurred.

 

    16

     

    

 

(v) If
the indemnification provided for in this Section 3(h) is held by a court of competent jurisdiction to be unavailable to an indemnified
party with respect to any loss, liability, claim, damage or expense referred to herein, the indemnifying party, in lieu of indemnifying
such indemnified party hereunder, shall (A) contribute to the amount paid or payable by such indemnified party as a result of such
loss, liability, claim, damage or expense as is appropriate to reflect the proportionate relative fault of the indemnifying party
on the one hand and the indemnified party on the other (determined by reference to, among other things, whether the untrue or alleged
untrue statement of a material fact or omission relates to information supplied by the indemnifying party or the indemnified party
and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such untrue statement
or omission), or (B) if the allocation provided by clause (A) above is not permitted by applicable law or provides a lesser sum
to the indemnified party than the amount hereinafter calculated, not only the proportionate relative fault of the indemnifying
party and the indemnified party, but also the relative benefits received by the indemnifying party on the one hand and the indemnified
party on the other, as well as any other relevant equitable considerations; provided, however, that in no event shall any
Holder be required to contribute an aggregate amount in excess of the gross proceeds from the offering received by such Holder.
No indemnified party guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be
entitled to contribution from any indemnifying party who was not guilty of such fraudulent misrepresentation.

 

(vi) Indemnification
similar to that specified in the preceding subsections of this Section 3(h) (with appropriate modifications) shall be given by
the Company and each Holder of Registrable Securities with respect to any required registration or other qualification of securities
under any federal or state law or regulation or governmental authority other than the Securities Act.

 

Section 4. Miscellaneous.

 

(a) Assignment
of Rights; Successors and Assignees. The rights to cause the Company to register the resale of Registrable Securities granted
to the Purchasers by the Company under Section 3 may be assigned by any Purchaser to one or more transferee(s) of such Registrable
Securities; provided, however, that (i) such transfer of Registrable Securities is effected in accordance with applicable
securities laws, (ii) unless such transferee of Registrable Securities is an Affiliate of such Purchaser, such transferee
holds Registrable Securities representing at least $2.5 million of the Registrable Securities (immediately after giving effect
to such transfer), (iii) the Company is given written notice prior to any said transfer or assignment, stating the name and
address of each such transferee and assignee and identifying the Registrable Securities with respect to which such registration
rights are being assigned, and (iv) each such transferee and assignee assumes in writing responsibility for its portion of
the obligations of such Purchaser under this Agreement and accordingly agrees in writing to become subject to the terms of this
Agreement as a Holder. The Company may not assign any of its rights, or delegate any of its obligations, under this Agreement without
the prior written consent of the Holders of a majority of the Registrable Securities outstanding as of the date of such assignment,
and any such purported assignment by the Company without the written consent of such Holders shall be null and void ab initio
and of no force or effect. This Agreement shall inure to the benefit of, and be binding upon, the successors and the assignees
(permitted pursuant under this Section 4(a)) of each of the parties hereto, including subsequent Holders of Registrable Securities
(to the extent permitted herein).

 

    17

     

    

 

(b)       Notices.
All notices or other communications which are required or permitted under this Agreement shall be in writing and sufficient if
delivered by hand, by facsimile transmission, by registered or certified mail, postage pre-paid, by electronic mail, or by courier
or overnight carrier, to the persons at the addresses set forth below (or at such other address as may be provided hereunder),
and shall be deemed to have been delivered as of the date so delivered:

 

	
        If to the Company:
	 	
        GPAQ Acquisition Holdings, Inc.

        2626 Fulton Dr NW, Canton, OH 44718

        Attn: Michael Crawford

	 	 	 
	with a copy (which shall not constitute notice) to:	 	
        Hunton Andrews Kurth LLP

        2200 Pennsylvania Avenue NW

        Washington, DC 20037

        Attention: J. Steven Patterson

        Facsimile: (202) 778-2201

	 	 	 
	If to a Holder:	 	to such address specified on the signature page for such Holder attached hereto or in the notice required by Section 4(a)

 

or at such other address as any party shall
have furnished to the other party in writing.

 

(c)       Rule
144. The Company covenants that it shall use its reasonable commercial efforts to file any reports required to be filed by
it under the Securities Act and the Exchange Act and shall take such further action as the Holders may reasonably request, all
to the extent required from time to time to enable the Holders to sell Registrable Securities without registration under the Securities
Act within the limitations of the exemption provided by Rule 144, as such rule may be amended from time to time, or any
similar rule or regulation hereafter adopted by the SEC.

 

(d)       Specific
Performance. Each party to this Agreement agrees that any breach by it of any provision of this Agreement would irreparably
injure the other party and that money damages would be an inadequate remedy therefor. Accordingly, each such party agrees that
the other parties hereto shall be entitled to one or more injunctions enjoining any such breach and requiring specific performance
of this Agreement and consents to the entry thereof, in addition to any other remedy to which such other party is entitled at law
or in equity.

 

(e)       Counterparts.
This Agreement may be executed in any number of counterparts, each of which shall be enforceable against the parties actually executing
such counterparts, and all of which together shall constitute one instrument.

 

(f)       Amendments.
The provisions of this Agreement may be amended at any time and from time to time, and particular provisions of this Agreement
may be waived, with and only with an agreement or consent in writing signed by the Company and by the Holders of a majority of
the Registrable Securities outstanding as of the date of such amendment or waiver. The Purchasers acknowledge that by the operation
of this Section 4(f), the Holders of a majority of the outstanding Registrable Securities may have the right and power to diminish
or eliminate all rights of the Holders under this Agreement.

 

    18

     

    

 

(g)       Obligations
Limited to Parties to Agreement. Each of the parties hereto covenants, agrees and acknowledges that no person other than the
Company and the Holders shall have any obligation hereunder and that, notwithstanding that one or more of the Holders may be a
corporation, partnership or limited liability company, no recourse under this Agreement or under any documents or instruments delivered
in connection herewith shall be had against any former, current or future director, officer, general or limited partner, manager,
member, stockholder or Affiliate of any of the Holders or any former, current or future director, officer, general or limited partner,
manager, member, stockholder or Affiliate of any of the foregoing, whether by the enforcement of any assessment or by any legal
or equitable proceeding, or by virtue of any applicable law, it being expressly agreed and acknowledged that no personal liability
whatsoever shall attach to, be imposed on or otherwise by incurred by any former, current or future director, officer, general
or limited partner, manager, member, stockholder or Affiliate of any of the Holders or any former, current or future director,
officer, general or limited partner, manager, member, stockholder or Affiliate of any of the foregoing, as such, for any obligations
of the Holders under this Agreement or any documents or instruments delivered in connection herewith or for any claim based on,
in respect of or by reason of such obligation or its creation, except in each case for any assignee of a Holder hereunder.

 

(h)       Headings
and Cross References. The headings of the several sections and subsections of this Agreement are inserted for convenience only
and shall not in any way affect the meaning or construction of any provision of this Agreement. Unless the context requires otherwise,
all cross references in this Agreement refer to sections and subsections of this Agreement.

 

(i)       Severability.
In the case any provision of this Agreement shall be invalid, illegal or unenforceable, the validity, legality and enforceability
of the remaining provisions shall not in any way be affected or impaired thereby.

 

(j)       Entire
Agreement. This Agreement constitutes the full and entire understanding and agreement between the parties with regard to the
subject matter of this Agreement.

 

(k)       Governing
Law. This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

 

(Remainder of Page Intentionally Left
Blank)

 

    19

     

    

 

IN WITNESS WHEREOF, the parties hereto have
caused this Agreement to be duly executed as of the date first above written.

 

	 	THE COMPANY:
	 	 
	 	GPAQ ACQUISITION HOLDINGS, INC.
	 	 
	 	By:       	/s/ Michael Crawford
	 	Name:  Michael Crawford
	 	Title:    Chief Executive Officer

 

     

     

    

 

	 	PURCHASERS:
	 	 
	 	MAGNETAR CONSTELLATION MASTER FUND, LTD.
	 	 
	 	By: Magnetar Financial, LLC, its investment manager

 

	 	By:      	/s/ Michael Turro
	 	Name: Michael Turro
	 	Title:   Chief Compliance Officer

 

	 	MAGNETAR STRUCTRED CREDIT FUND, L.P.

 

	 	By: Magnetar Financial, LLC, its general partner

 

	 	By:      	/s/ Michael Turro
	 	Name:  Michael Turro
	 	Title:    Chief Compliance Officer

 

     

     

    

 

	 	MAGNETAR XING HE MASTER FUND LTD.
	 	 
	 	By: Magnetar Financial, LLC, its investment manager

 

	 	By:      	/s/ Michael Turro
	 	Name:  Michael Turro
	 	Title:    Chief Compliance Officer

 

	 	MAGNETAR SC FUND LTD
	 	 
	 	By: Magnetar Financial, LLC, its investment manager

 

	 	By:      	/s/ Michael Turro
	 	Name:  Michael Turro
	 	Title:    Chief Compliance Officer

 

	 	PURPOSE ALTERNATIVE CREDIT FUND – T LLC
	 	 
	 	By: Magnetar Financial, LLC, its manager

 

	 	By:      	/s/ Michael Turro
	 	Name:  Michael Turro
	 	Title:    Chief Compliance Officer

 

     

     

    

  

	 	PURPOSE ALTERNATIVE CREDIT FUND – F LLC
	 	 
	 	By: Magnetar Financial, LLC, its manager

 

	 	By:       	/s/ Michael Turro
	 	Name:  Michael Turro
	 	Title:    Chief Compliance Officer

  

     

     

    

 

	 	TIMKEN FOUNDATIO OF CANTON
	 	 
	 	By:     	
	 	Name:	Ward J. Timken
	 	Title: 	President

 

     

     

    

  

	 	STARK COMMUNITY FOUNDATION
	 	 
	 	By:    	
	 	Name:	Mark J. Samolcyzk
	 	Title:	President and CEO

 

     

     

    

 

	 	ch capital lending, LLC
	 	 
	 	By: Holdings SPE Manager, LLC, 
	 	a Delaware limited liability company, its Manager

 

	 	By:   	
	 	Name:	Richard H. Klein
	 	Title: 	Chief Financial Officer

 

     

     

    

 

	 	Gordon Pointe Management, LLC
	 	 
	 	By:    	/s/ James J. Dolan
	 	Name:  James J. Dolan
	 	Title:    Manager

 

     

     

    

 

	 	JMJS Group, LLLP
	 	 
	 	By:     	/s/ Jerre Stead
	 	Name:  Jerre Stead
	 	Title:   General Partner

 

     

     

    

 

	 	glenn r. august
	 	 
	 	
	 	Glenn R. August

 

     

     

    

 

	 	MICHAEL S. GROSS
	 	 
	 	
	 	Michael S. Gross

 

     

     

    

 

	 	Bradley M. Chase and Judith E. Chase,

as Tenants-in-Common
	 	 
	 	
	 	Bradley M. Chase
	 	 
	 	
	 	Judith E. Chase

 

     

     

    

 

	 	Kevin O'Callaghan
	 	 
	 	/s/ Kevin O’Callaghan
	 	Kevin O’Callaghan

 

     

     

    

 

	 	JOHN AND KELLY WARNER
	 	 
	 	
	 	John Warner
	 	 
	 	
	 	Kelly Warner

 

     

     

    

 

	 	JEFFREY SLOVIN
	 	 
	 	/s/ Jeffrey Slovin
	 	Jeffrey SlovinExhibit
10.9

 

GPAQ
ACQUISITION HOLDINGS, INC.

WARRANT AGREEMENT

 

This
Warrant Agreement dated as of July 1, 2020 (this “Agreement”) is entered into by and among GPAQ Acquisition
Holdings, Inc., a Delaware corporation (the “Company”), and the purchasers party hereto (each, a “Purchaser”
and collectively, the “Purchasers”). All capitalized terms used but not defined herein shall have the respective
meanings ascribed to such terms in the Note Purchase Agreement dated as of the date hereof (the “Note Purchase Agreement”)
by and among the Company and the Purchasers.

 

WHEREAS,
pursuant to the Note Purchase Agreement, in the event of a redemption of the Notes issued thereunder, upon payment of the redemption
price for such Notes being redeemed, the Company shall issue to each Holder of the Notes being redeemed a number of warrants,
as hereinafter described (the “Warrants”), to purchase the number of shares of common stock of the Company
that such Holder would have received if such Holder were to have converted the redeemed Notes in full on the Redemption Date (such
shares of common stock of the Company, the “Common Stock,” and together with any other securities issuable
upon exercise of the Warrants, the “Warrant Shares”);

 

NOW,
THEREFORE, in consideration of the premises and the mutual agreements herein set forth, the parties hereto agree as follows:

 

Section
1. Warrant Certificates. In connection with any redemption of the Notes, upon payment of the redemption price for such
Notes being redeemed, the Company will issue and deliver a certificate or certificates evidencing the Warrants (the “Warrant
Certificates”) pursuant to the terms of the Note Purchase Agreement. Such Warrant Certificates shall be substantially
in the form set forth as Exhibit A attached hereto. Each Warrant Certificate shall be dated the date of issuance by the
Company.

 

Section
2. Execution of Warrant Certificates. Warrant Certificates shall be signed on behalf of the Company by its Chairman of
the Board, Chief Executive Officer, President or any Vice President. The signature upon the Warrant Certificates may be in the
form of a facsimile signature of the present or any future Chairman of the Board, Chief Executive Officer, President or Vice President
of the Company, and may be imprinted or otherwise reproduced on the Warrant Certificates and for that purpose the Company may
adopt and use the facsimile signature of any person who shall have been Chairman of the Board, Chief Executive Officer, President
or Vice President of the Company, notwithstanding the fact that at the time the Warrant Certificates shall be delivered or disposed
of by the Holders thereof he shall have ceased to hold such office.

 

Section
3. Registration. The Company shall number and register the Warrant Certificates and the Warrant Shares in registers (the
“Warrant Register” and the “Warrant Shares Register,” respectively) as they are issued.
The Company may deem and treat the registered holder(s) from time to time of the Warrant Certificates (the “Holders”)
as the absolute owner(s) thereof (notwithstanding any notation of ownership or other writing thereon made by anyone) for all purposes
and shall not be affected by any notice to the contrary.

 

     

     

    

 

Section
4. Restrictions on Transfer; Registration of Transfers. Prior to any proposed transfer of the Warrants or the Warrant Shares,
unless such transfer is made pursuant to an effective registration statement under the Securities Act of 1933, as amended (the
“Securities Act”), the transferring Holder will, if requested by the Company, deliver to the Company an opinion
of counsel, reasonably satisfactory in form and substance to the Company, to the effect that the Warrants or Warrant Shares, as
applicable, may be sold or otherwise transferred without registration under the Securities Act; provided, however,
that with respect to transfers by Holders to their Affiliates, no such opinion shall be required. Upon original issuance thereof,
and until such time as the same shall have been registered under the Securities Act or sold pursuant to Rule 144 promulgated
thereunder (or any similar rule or regulation), each Warrant Certificate shall bear the legend included on the first page of Exhibit
A, unless in the opinion of such counsel, such legend is no longer required by the Securities Act.

 

The
Company shall from time to time register the transfer of any outstanding Warrant Certificates in the Warrant Register to be maintained
by the Company upon surrender thereof accompanied by a written instrument or instruments of transfer in form reasonably satisfactory
to the Company, duly executed by the registered Holder or Holders thereof or by the duly appointed legal representative thereof
or by a duly authorized attorney. Upon any such registration of transfer, a new Warrant Certificate shall be issued to the transferee
Holder(s) and the surrendered Warrant Certificate shall be canceled and disposed of by the Company.

 

Section
5. Warrants; Exercise of Warrants.

 

(a)
Subject to the terms of this Agreement, each Holder shall have the right, which may be exercised commencing on the date of issuance
of the Warrants and until 5:00 p.m., Eastern Time, on the Maturity Date of the Notes (such date being referred to in this
Agreement as the “Expiration Date”), to receive from the Company the number of fully paid and nonassessable
Warrant Shares (and such other consideration) that the Holder may at the time be entitled to receive on exercise of such Warrants
and payment of the Exercise Price then in effect for such Warrant Shares. Each Warrant not exercised prior to 5:00 p.m.,
Eastern Time, on the Expiration Date shall become void and all rights thereunder and all rights in respect thereof under this
Agreement shall cease as of such time. No adjustments as to dividends will be made upon exercise of the Warrants, except as otherwise
expressly provided herein.

 

(b)
The initial price at which each Warrant shall be exercisable (the “Exercise Price”) shall equal the Conversion
Price for the corresponding redeemed Notes that was in effect immediately prior to the redemption of such Notes, subject to adjustment
after issuance of such Warrant pursuant to the terms hereof.

 

(c)
A Warrant may be exercised upon surrender to the Company at its office designated for such purpose (as provided for in Section
12 hereof) of the Warrant Certificate or Certificates to be exercised with the form of election to purchase attached thereto duly
filled in and signed, and upon payment to the Company of the Exercise Price for the number of Warrant Shares in respect of which
such Warrants are then exercised. Payment of the aggregate Exercise Price shall be made in cash or by certified or official bank
check payable to the order of the Company.

 

    2

     

    

 

(d)
Subject to the provisions of Section 6 hereof, upon such surrender of Warrant Certificates and payment of the Exercise Price,
the Company shall issue and cause to be delivered, as promptly as practicable, to or upon the written order of the Holder and
in such name or names as such Holder may designate a certificate or certificates for the number of full Warrant Shares
issuable upon the exercise of such Warrants (and such other consideration as may be deliverable upon exercise of such
Warrants) together with cash for fractional Warrant Shares as provided in Section 10 hereof. The certificate or certificates
for such Warrant Shares shall be deemed to have been issued and the person so named therein shall be deemed to have become a
holder of record of such Warrant Shares as of the date of the surrender of such Warrants and payment of the Exercise Price,
irrespective of the date of delivery of such certificate or certificates for Warrant Shares. The Company shall register the
Warrant Shares in the Warrant Shares Register, as provided in Section 3 hereof, and shall from time to time register the
transfer of any outstanding Warrant Shares in the Warrant Shares Register.

 

(e)
Each Warrant shall be exercisable, at the election of the Holder thereof, either in full or from time to time in part and, in
the event that a Warrant Certificate is exercised in respect of fewer than all of the Warrant Shares issuable on such exercise
at any time prior to the Expiration Date, a new certificate evidencing the remaining Warrant or Warrants will be issued and delivered
pursuant to the provisions of this Section 5 and of Section 2 hereof.

 

(f)
All Warrant Certificates surrendered upon exercise of Warrants shall be cancelled and disposed of by the Company. The Company
shall keep copies of this Agreement and any notices given or received hereunder shall be available for inspection by the Holders
during normal business hours at the Company’s office.

 

(g)
In addition to and without limiting the rights of the Holder under the terms hereof, at a Holder’s option, a Warrant Certificate
may be exercised by being exchanged in whole or in part at any time or from time to time prior to the Expiration Date for a number
of shares of Common Stock having an aggregate Specified Value (as defined in Section 9(h) hereof) on the date of such exercise
equal to the difference between (x) the Specified Value of the number of Warrant Shares in respect of which such Warrant
Certificate is then exercised and (y) the aggregate Exercise Price for such shares in effect at such time. The following
equation illustrates how many Warrant Shares would then be issued upon exercise pursuant to this subsection:

 

 

 

where:

 

	 	SV	=	Specified
    Value per Warrant Share at date of exercise.
	 	 	 	 
	 	PSP	=	Per
    share Exercise Price at date of exercise.
	 	 	 	 
	 	N	=	Number
    of Warrant Shares in respect of which the Warrant Certificate is being exercised by exchange.
	 	 	 	 
	 	X	=	Number
    of Warrant Shares issued upon exercise by exchange.

 

    3

     

    

 

Upon
any such exercise, the number of Warrant Shares purchasable upon exercise of such Warrant Certificate shall be reduced by the
number of Warrant Shares so exchanged and, if a balance of purchasable Warrant Shares remain after such exercise, the Company
shall execute and deliver to the Holder thereof a new Warrant for such balance of Warrant Shares.

 

No
payment of any cash or other consideration to the Company shall be required from the Holder of a Warrant in connection with any
exercise thereof by exchange pursuant to this subsection. Such exchange shall be effective upon the date of receipt by the Company
of the original Warrant Certificate surrendered for cancellation and a written request from the Holder thereof that the exchange
pursuant to this subsection be made, or at such later date as may be specified in such request. No fractional shares arising out
of the above formula for determining the number of Warrant Shares issuable in such exchange shall be issued, and the Company shall
in lieu thereof make payment to the Holder of cash in the amount of such fraction multiplied by the Specified Value of a Warrant
Share on the date of the exchange.

 

Section
6. Taxes.

 

(a)
Withholding and Reporting Requirements. The Company shall comply with all applicable tax withholding and reporting requirements
imposed by any governmental authority, and all distributions, including deemed distributions, pursuant to the Warrants or Warrant
Shares will be subject to applicable withholding and reporting requirements. Notwithstanding any provision to the contrary, the
Company will be authorized to (i) take any actions that may be necessary or appropriate to comply with such withholding and
reporting requirements, (ii) apply a portion of any cash distribution to be made under the Warrants or Warrant Shares to
pay applicable withholding taxes, (iii) liquidate a portion of any non-cash distribution to be made under the Warrants or
Warrant Shares to generate sufficient funds to pay applicable withholding taxes or (iv) establish any other mechanisms the
Company believes are reasonable and appropriate, including requiring Holders to submit appropriate tax and withholding certifications
(such as IRS Forms W-9 and the appropriate IRS Forms W-8, as applicable) as a condition of receiving the benefit of any adjustment
pursuant to Section 9.

 

(b)
Payment of Taxes. The Company will pay all documentary stamp taxes and other governmental charges (excluding all foreign,
federal or state income, franchise, property, estate, inheritance, gift or similar taxes) in connection with the issuance or delivery
of the Warrants hereunder, as well as all such taxes attributable to the initial issuance or delivery of Warrant Shares upon the
exercise of Warrants and payment of the Exercise Price. The Company shall not, however, be required to pay any tax that may be
payable in respect of any subsequent transfer of the Warrants or any transfer involved in the issuance and delivery of Warrant
Shares in a name other than that in which the Warrants to which such issuance relates were registered, and, if any such tax would
otherwise be payable by the Company, no such issuance or delivery shall be made unless and until the person requesting such issuance
has paid to the Company the amount of any such tax, or it is established to the reasonable satisfaction of the Company that any
such tax has been paid.

 

    4

     

    

 

Section
7. Mutilated or Missing Warrant Certificates. If a mutilated Warrant Certificate is surrendered to the Company, or if the
Holder of a Warrant Certificate claims and submits an affidavit or other evidence satisfactory to the Company to the effect that
the Warrant Certificate has been lost, destroyed or wrongfully taken, the Company shall issue a replacement Warrant Certificate.
If required by the Company such Holder must provide an indemnity bond, or other form of indemnity, sufficient in the judgment
of the Company to protect the Company from any loss that it may suffer if a Warrant Certificate is replaced. If any institutional
Holder (or nominee thereof) is the owner of any such lost, stolen or destroyed Warrant Certificate, then the affidavit of an authorized
officer of such owner, setting forth the fact of loss, theft or destruction and of its ownership of the Warrant Certificate at
the time of such loss, theft or destruction shall be accepted as satisfactory evidence thereof and no further indemnity shall
be required as a condition to the execution and delivery of a new Warrant Certificate other than the unsecured written agreement
of such owner to indemnify the Company or, at the option of institutional Holder, provide an indemnity bond in the amount of the
Specified Value of the Warrant Shares for which such Warrant Certificate was exercisable.

 

Section
8. Reservation of Warrant Shares. For so long as the Company is a corporation with any Warrants outstanding, the Company
shall at all times reserve and keep available, free from preemptive rights, out of the aggregate of its authorized but unissued
Common Stock or its authorized and issued Common Stock held in its treasury, for the purpose of enabling it to satisfy any obligation
to issue Warrant Shares upon exercise of Warrants, the maximum number of shares of Common Stock that may then be deliverable upon
the exercise of all outstanding Warrants. The Company or, if appointed, the transfer agent for the Common Stock and each transfer
agent for any shares of the Company’s capital stock issuable upon the exercise of any of the Warrants (collectively, the
“Transfer Agent”), will be irrevocably authorized and directed at all times to reserve such number of authorized
shares as shall be required for such purpose. The Company shall keep a copy of this Agreement on file with any such Transfer Agent.
The Company will supply any such Transfer Agent with duly executed certificates for such purposes and will provide or otherwise
make available all other consideration that may be deliverable upon exercise of the Warrants. The Company will furnish any such
Transfer Agent a copy of all notices of adjustments and certificates related thereto, transmitted to each Holder pursuant to Section
11 hereof.

 

Before
taking any action that would cause an adjustment pursuant to Section 9 hereof to reduce the Exercise Price below the then par
value (if any) of the Warrant Shares, the Company shall take any action that may, in the opinion of its counsel, be necessary
in order that the Company may validly and legally issue fully paid and nonassessable Warrant Shares at the Exercise Price as so
adjusted.

 

The
Company covenants that all Warrant Shares and other capital stock issued upon exercise of Warrants will, upon payment of the Exercise
Price therefor and issue thereof, be validly authorized and issued, fully paid, nonassessable, free of preemptive rights and free,
subject to Section 6 hereof, from all taxes (other than income taxes), liens, charges and security interests with respect to the
issue thereof.

 

    5

     

    

 

Section
9. Adjustment of Exercise Price and Warrant Number. The number of shares of Common Stock issuable upon the exercise of
each Warrant (the “Warrant Number”) is initially one. The Warrant Number is subject to adjustment from time
to time upon the occurrence of the events enumerated in, or as otherwise provided in, this Section 9.

 

		(a)	Adjustment
for Change in Capital Stock. If the Company:

 

(i) pays
a dividend or makes a distribution on its Common Stock in shares of its Common Stock;

 

(ii)
subdivides its outstanding shares of Common Stock into a greater number of shares; or

 

(iii)
combines its outstanding shares of Common Stock into a smaller number of shares;

 

then
the Warrant Number shall be adjusted based on the following formula:

 

 

 

Where

 

	 	Wʹ	=	the
    adjusted Warrant Number in effect immediately after the open of business on the Ex-Dividend Date of such dividend or distribution,
    or immediately after the open of business on the effective date of such share split or share combination, as applicable.
	 	 	 	 
	 	W	=	the
    Warrant Number immediately prior to the open of business on such Ex-Dividend Date or such effective date.
	 	 	 	 
	 	OSʹ	=	the
    number of shares of Common Stock outstanding immediately after giving effect to such dividend, distribution, share split or
    share combination.
	 	 	 	 
	 	OS	=	the
    number of shares of Common Stock outstanding immediately prior to the open of business on such Ex-Dividend Date or such effective
    date.

 

Such
adjustment shall become effective immediately after the open of business on the Ex-Dividend Date for such dividend or distribution
or the effective date for such share split or share combination. If any dividend or distribution of the type described in this
Section 9(a) is declared but not so paid or made, the Warrant Number shall again be adjusted to the Warrant Number which would
then be in effect if such dividend or distribution had not been declared.

 

    6

     

    

 

Such
adjustment shall be made successively whenever any event listed above shall occur. If the occurrence of any event listed above
results in an adjustment under subsection (b) or (c) of this Section 9, no further adjustment shall be made under this subsection
(a).

 

(b)       Adjustment
for Rights or Warrants Issue. If the Company issues to all or substantially all holders of the Common Stock any rights or
warrants entitling them for a period of not more than 60 calendar days after the announcement date of such issuance to subscribe
for or purchase shares of the Common Stock at a price per share less than the average of the Last Reported Sale Price of Common
Stock for the 10 consecutive Trading Day period ending on the Trading Day immediately preceding the date of announcement of such
issuance, the Warrant Number shall be adjusted based on the following formula:

 

 

 

Where

 

	Wʹ	=	the
    adjusted Warrant Number immediately after the open of business on the Ex-Dividend Date for such issuance.
	W	=	the
    Warrant Number immediately prior to the open of business on such Ex-Dividend Date.
	OS	=	the
    number of shares of Common Stock outstanding immediately prior to the open of business on such Ex-Dividend Date.
	X	=	the
    total number of shares of Common Stock issuable pursuant to such rights or warrants.
	Y	=	the
    number of shares of Common Stock equal to the aggregate price payable to exercise such rights or warrants divided by
    the average of the Last Reported Sale Price of the Common Stock over the 10 consecutive Trading period ending on the Trading
    Day immediately preceding the date of announcement of the issuance of such rights or warrants.

 

To
the extent such rights or warrants are not exercised prior to their expiration or termination, the Warrant Number shall be readjusted
to the Warrant Number that would be in effect had the adjustments made upon the issuance of such rights or warrants been made
on the basis of the delivery of only the number of shares of Common Stock actually delivered. In the event that such rights or
warrants are not so issued, the Warrant Number shall again be adjusted to be the Warrant Number that would then be in effect if
the date fixed for the determination of shareholders entitled to receive such rights or warrants had not been fixed. For the purposes
of this Section 9(b), in determining whether any rights or warrants entitle the holders to subscribe for or purchase shares of
Common Stock at less than the average of the Last Reported Sale Price of Common Stock for the 10 consecutive Trading Day period
ending on the Trading Day immediately preceding the date of announcement of such issuance, and in determining the aggregate exercise
price payable for such shares of Common Stock, there shall be taken into account any consideration received by the Company for
such rights or warrants and any amount payable on the exercise thereof, with the value of such consideration, if other than cash,
as shall be determined in good faith by the board of directors of the Company.

 

    7

     

    

 

(c)       Adjustment
for Other Distributions. If the Company distributes to all or substantially all holders of its Common Stock (i) shares
of any class of Capital Stock of the Company, (ii) any evidences of indebtedness of the Company, (iii) other assets
or property of the Company, or (iv) any rights or warrants to acquire the Company’s Capital Stock or other securities
(in each case of clauses (i) through (iv), excluding (x) dividends or distributions and rights or warrants as to which an
adjustment was effected pursuant to Section 9(a) or Section 9(b), (y) dividends or distributions paid exclusively in cash
and (z) Spin-Offs to which the provisions set forth below in this Section 9(c) shall apply), then, except to the extent the
Holders participate in such distribution, the Warrant Number shall be adjusted based on the following formula:

 

 

 

Where

 

	 	Wʹ	=	the
    adjusted Warrant Number in effect immediately after the open of business on the Ex-Dividend Date for such distribution.
	 	 	 	 
	 	W	=	the
    Warrant Number immediately prior to the open of business on such Ex-Dividend Date.
	 	 	 	 
	 	SP	=	The
    average of the Last Reported Sale Price of the Common Stock over the 10 consecutive Trading Day period ending on the Trading
    Day immediately preceding the Ex-Dividend Date for such distribution.
	 	 	 	 
	 	FMV	=	the
    fair market value (as determined by the board of directors of the Company) of the shares of Capital Stock, evidences of indebtedness,
    assets, property, rights or warrants distributed with respect to each outstanding share of the Common Stock on the Ex-Dividend
    Date for such distribution.

 

Such
adjustment shall become effective immediately after the open of business on the Ex-Dividend Date for such distribution. If the
board of directors of the Company determines the “FMV” (as defined above) of any distribution for purposes of this
Section 9(c) by reference to the actual or when-issued trading market for any securities, it must in doing so consider the prices
in such market over the same period used in computing the average of the Last Reported Sale Price of the Common Stock. Notwithstanding
the foregoing, if “FMV” (as defined above) is equal to or greater than “SP” (as defined above), in lieu
of the foregoing adjustment, each Holder shall receive, in respect of each Warrant at the same time and upon the same terms as
holders of the Common Stock, the amount and kind of securities, assets and other property such Holder would have received if such
Holder owned on the relevant Record Date for such distribution a number of shares of Common Stock equal to the Warrant Number
in effect on such Record Date for the distribution of the securities or assets.

 

    8

     

    

 

With
respect to an adjustment pursuant to this Section 9(c) where there has been a payment of a dividend or other distribution on the
Common Stock of shares of Capital Stock of any class or series, or similar equity interest, of or relating to a Subsidiary or
other business unit and such dividend or distribution is listed for trading on a securities exchange (a “Spin-Off”),
the Warrant Number shall be increased based on the following formula:

 

 

 

Where

 

	 	Wʹ	=	the
    adjusted Warrant Number in effect immediately after the end of the Valuation Period (as defined below).
	 	 	 	 
	 	W	=	the
    Warrant Number immediately prior to the end of the Valuation Period.
	 	 	 	 
	 	FMV	=	the
    average of the Last Reported Sale Price of the Capital Stock or similar equity interest distributed to holders of Common Stock
    applicable to one share of Common Stock (determined for purposes of the definition of Last Reported Sale Price as if such
    Capital Stock or similar equity interest were the Common Stock) over the first 10 consecutive Trading Day period after, and
    including, the Ex-Dividend Date of the Spin-Off (the “Valuation Period”).
	 	 	 	 
	 	MP	=	the
    average of the Last Reported Sale Price of Common Stock over the Valuation Period.

 

The
adjustment to the Warrant Number under the immediately preceding paragraph will occur on the last day of the Valuation Period;
provided, that in respect of any exercise of Warrants during the Valuation Period, references above to 10 Trading Days
shall be deemed replaced with such lesser number of Trading Days as have elapsed between the Ex-Dividend Date of such Spin-Off
and such exercise date in determining the applicable Warrant Number.

 

    9

     

    

 

This
subsection does not apply to any transaction described in subsection (a) of this Section 9 or to rights or warrants referred to
in subsection (b) of this Section 9.

 

(d)
Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than
the Specified Value per share on the date the Company fixes the offering price of such additional shares, the Warrant Number shall
be adjusted in accordance with the following formula:

 

 

where:

 

	 	Wʹ	=	the
    adjusted Warrant Number.
	 	 	 	 
	 	W	=	the
    Warrant Number immediately prior to any such issuance.
	 	 	 	 
	 	O	=	the
    number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares of Common Stock.
	 	 	 	 
	 	P	=	the
    aggregate consideration received for the issuance of such additional shares of Common Stock.
	 	 	 	 
	 	M	=	the
    Specified Value per share of Common Stock on the date of issuance of such additional shares.
	 	 	 	 
	 	A	=	the
    number of shares of Common Stock outstanding immediately after the issuance of such additional shares of Common Stock.

 

The
adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance.

 

This
subsection (d) shall not apply to any of the transactions described in subsection (a) of this Section 9 or for which
an adjustment has been made pursuant to other provisions of this Section 9.

 

(e)
Adjustment for Dividends or Distributions of Cash. If the Company pays any cash dividend or distribution to all or substantially
all holders of Common Stock, the Warrant Number shall be adjusted based on the following formula:

 

 

Where

 

	 	Wʹ	=	the
    adjusted Warrant Number immediately after the open of business on the Ex-Dividend Date for such dividend or distribution.

 

    10

     

    

 

	 	W	=	the
    Warrant Number immediately prior to the open of business on such Ex-Dividend Date.
	 	 	 	 
	 	SP	=	the
    Last Reported Sale Price of the Common Stock on the Trading Day immediately preceding the Ex-Dividend Date for such dividend
    or distribution.
	 	 	 	 
	 	C	=	the
    amount in cash per share the Company distributes to holders of the Common Stock.

 

Such
adjustment shall become effective immediately after the open of business on the Ex-Dividend Date for such dividend or distribution.
Notwithstanding the foregoing, if “C” (as defined above) is equal to or greater than “SP” (as defined
above), in lieu of the foregoing adjustment, each Holder of Notes shall receive, in respect of each Warrant at the same time and
upon the same terms as holders of the Common Stock, the amount of the cash dividend or distribution such Holder would have received
if such Holder owned on the relevant Record Date for such dividend or distribution a number of shares of Common Stock equal to
the Warrant Number in effect on such Record Date.

 

(f)
Adjustment for Tender or Exchange Offers. If the Company or any of its Subsidiaries make a payment in respect of a tender
offer or exchange offer for Common Stock, to the extent that the cash and value of any other consideration included in the payment
per share of Common Stock exceeds the Last Reported Sale Price per share of Common Stock on the Trading Day next succeeding the
last date on which tenders or exchanges may be made pursuant to such tender or exchange offer, the Warrant Number shall be increased
based on the following formula:

 

 

Where

 

	 	Wʹ	=	the
    adjusted Warrant Number immediately after the open of business on the Trading Day next succeeding the date such tender or
    exchange offer expires.
	 	 	 	 
	 	W	=	the
    Warrant Number immediately prior to the open of business on the Trading Day next succeeding the date such tender or exchange
    offer expires.
	 	 	 	 
	 	AC	=	the
    aggregate value of all cash and any other consideration paid or payable for shares purchased in such tender or exchange offer.

 

    11

     

    

 

	 	OS	=	the
    number of shares of Common Stock outstanding immediately prior to the date such tender or exchange offer expires.
	 	 	 	 
	 	OSʹ	=	the
    number of shares of Common Stock outstanding immediately after the date such tender or exchange offer expires (after giving
    effect to the purchase of all shares accepted for purchase or exchange in such tender or exchange offer).
	 	 	 	 
	 	SP	=	the
    Last Reported Sale Price of the Common Stock on the Trading Day next succeeding the date such tender or exchange offer expires.

 

The
adjustment to the Warrant Number under this Section 9(f) will be determined immediately after the close of business on the Trading
Day next succeeding the date such tender or exchange offer expires, but will be given effect immediately after the open of business
on such Trading Day.

 

(g)
Notwithstanding the above, certain listing standards of The NASDAQ Capital Market may limit the amount by which the Company
may increase the Warrant Number pursuant to the events described in clauses (b) through (f) in this Section 9. These
standards generally require the Company to obtain the approval of its stockholders before entering into certain transactions
that potentially result in the issuance of 20% or more of the Common Stock outstanding on the Issue Date of the Notes unless
the Company obtains stockholder approval of issuances in excess of such limitations. In accordance with these listing
standards, these restrictions will apply at any time when the Warrants are outstanding, regardless of whether the Company
then has a class of securities listed on The NASDAQ Capital Market. Accordingly, in the event of an increase in the Warrant
Number above that which would result in the Warrants, in the aggregate, becoming exercisable for shares of Common Stock in
excess of such limitations, the Company shall, at its discretion, either obtain stockholder approval of such issuances or on
the exercise date of each Warrant deliver cash in lieu of any shares otherwise deliverable upon exercise of such Warrant in
excess of such limitations (based on the Daily VWAP on each Trading Day of the 30 consecutive Trading Day period (the
“Observation Period”) beginning on and including the second Trading Day after the date of exercise of such
Warrant) in respect of which, in lieu of delivering shares of Common Stock, the Company delivers cash pursuant to this
Section 9(g).

 

(h)
Whenever a provision of this Agreement requires the calculation of Last Reported Sale Price or Daily VWAP over a span of multiple
days, the board of directors of the Company will make appropriate adjustments to such Last Reported Sale Price or Daily VWAP,
the Warrant Number, or the amount due upon exercise of the Warrants to account for any adjustment to the Warrant Number that becomes
effective, or any event requiring an adjustment to the Warrant Number where the Ex-Dividend Date of the event occurs, at any time
during the period from which such Last Reported Sale Price or Daily VWAP are to be calculated.

 

    12

     

    

 

(i)
“Specified Value” per share of Common Stock or per unit or share of any other security (herein collectively
referred to as a “Security”) at any date shall be:

 

(i)
if the Security is not registered under the Exchange Act, (1) the value of the Security determined in good faith by the board
of directors of the Company and certified in a board resolution, based on the most recently completed arm’s-length transaction
between the Company and a person other than an Affiliate of the Company in which such determination is necessary and the closing
of which occurs on such date or shall have occurred within the six months preceding such date, (2) if no such transaction
shall have occurred on such date or within such six-month period, the value of the Security most recently determined as of a date
within the six months preceding such date by an Independent Financial Expert or (3) if neither clause (1) nor (2) is applicable,
the value of the Security as mutually agreed by the Company and Holders of a majority of the Warrants outstanding; provided,
however, that if the Company and such Holders are unable to mutually agree upon such value, the Company shall select an
Independent Financial Expert who shall determine the value of such Security;

 

(ii)
if the Security is registered under the Exchange Act, the average of the daily market prices (as hereinafter defined) for each
business day during the period commencing 10 business days before such date and ending on the date one day prior to such
date or, if the Security has been registered under the Exchange Act for less than 30 consecutive business days before such
date, then the average of the daily market prices for all of the business days before such date for which daily market prices
are available. If the market price is not determinable for at least 15 business days in such period, the Specified Value of the
Security shall be determined as if the Security was not registered under the Exchange Act; or

 

(iii)
if the Security is registered under the Exchange Act and is being sold in a firm commitment underwritten public offering registered
under the Securities Act, the public offering price of such Security set forth on the cover page of the prospectus relating to
such offering.

 

The
“market price” for any Security on each business day means: (A) if such Security is listed or admitted
to trading on any securities exchange, the closing price, regular way, on such day on the principal exchange on which such Security
is traded, or if no sale takes place on such day, the average of the closing bid and asked prices on such day or (B) if such
Security is not then listed or admitted to trading on any securities exchange, the last reported sale price on such day, or if
there is no such last reported sale price on such day, the average of the closing bid and the asked prices on such day, as reported
by a reputable quotation source designated by the Company. If there are no such prices on a business day, then the market price
shall not be determinable for such business day.

 

In
the case of Common Stock, if more than one subclass of Common Stock is outstanding, the “Specified Value” shall be
the highest of the Specified Values per share of such subclasses of Common Stock.

 

    13

     

    

 

“Independent
Financial Expert” shall mean a nationally recognized investment banking firm selected by the Company that (i) does
not (and whose directors, officers, employees and Affiliates do not) have a direct or indirect financial interest in the Company
or any of its Affiliates, (ii) has not been, and, at the time it is called upon to serve as an Independent Financial Expert
under this Agreement is not (and none of whose directors, officers, employees or Affiliates is), a promoter, director or officer
of the Company, (iii) has not been retained by the Company or any of its Affiliates for any purpose, other than to perform
an equity valuation, within the preceding 12 months, and (iv) in the reasonable judgment of the board of directors of the
Company, is otherwise qualified to serve as an independent financial advisor. Any such person may receive customary compensation
and indemnification by the Company for opinions or services it provides as an Independent Financial Expert.

 

(j)
Consideration Received. For purposes of any computation respecting consideration received pursuant to subsections (e) and
(f) of this Section 9, the following shall apply:

 

(1)
in the case of the issuance of shares of Common Stock for cash, the consideration shall be the amount of such cash (without any
deduction being made for any commissions, discounts or other expenses incurred by the Company for any underwriting of the issue
or otherwise in connection therewith);

 

(2)
in the case of the issuance of shares of Common Stock for a consideration in whole or in part other than cash, the consideration
other than cash shall be deemed to be the fair market value thereof (irrespective of the accounting treatment thereof) as determined
in good faith by the board of directors of the Company; and

 

(3)
in the case of the issuance of options, warrants or other securities convertible into or exchangeable or exercisable for shares
of Common Stock, the aggregate consideration received therefor shall be deemed to be the consideration received by the Company
for the issuance of such securities plus the additional minimum consideration, if any, to be received by the Company upon the
conversion, exchange or exercise thereof (the consideration in each case to be determined in the same manner as provided in clauses
(1) and (2) of this subsection).

 

(k)
When De Minimis Adjustment May Be Deferred. No adjustment in the Warrant Number need be made unless the adjustment would
require an increase or decrease of at least 1.0% in the Warrant Number. Any adjustment that is not made shall be carried forward
and taken into account in any subsequent adjustment, provided that no such adjustment shall be deferred beyond the date
on which a Warrant is exercised.

 

    14

     

    

 

All
calculations under this Section 9 shall be made to the nearest 1/100th of a share.

 

(l)       Adjustment
to Exercise Price. Upon each adjustment to the Warrant Number pursuant to this Section 9, the Exercise Price shall be adjusted
so that it is equal to the Exercise Price in effect immediately prior to such adjustment multiplied by a fraction, the numerator
of which is the Warrant Number in effect immediately prior to such adjustment, and the denominator of which is the Warrant Number
in effect immediately after such adjustment.

 

(m)
When No Adjustment Required. If an adjustment is made upon the establishment of a record date for a distribution subject
to subsection (a), (b) or (c) of this Section 9 and such distribution is subsequently cancelled, the Warrant Number and Exercise
Price then in effect shall be readjusted, effective as of the date when the board of directors of the Company determines to cancel
such distribution, to that Warrant Number and Exercise Price that would have been in effect if such record date had not been fixed.

 

In
addition, notwithstanding anything to the contrary in this Section 9, no adjustment to the Warrant Number shall be made:

 

(i)
upon the issuance of any shares of Common Stock pursuant to any present or future plan providing for the reinvestment of dividends
or interest payable on the Company’s securities and the investment of additional optional amounts in shares of Common Stock
under any plan;

 

(ii)
upon the issuance of any shares of Common Stock or options or rights to purchase those shares pursuant to any present or future
employee, director or consultant benefit plan or program of or assumed by the Company or any of its Subsidiaries in an amount
not to exceed 10.0% of the outstanding shares of Common Stock on the Issue Date of the Notes;

 

(iii)
upon the issuance of any shares of Common Stock upon exercise of any Warrants or conversion or redemption of any Notes or pursuant
to any option, warrant, right or exercisable, exchangeable or convertible security not described in clause (ii) above and outstanding
as of the Issue Date of the Notes;

 

(iv)
for a change in the par value of the Common Stock; or

 

(v)
for accrued and unpaid interest on the Notes.

 

To
the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the amount of cash into which
such Warrants are exercisable. Interest will not accrue on the cash.

 

    15

     

    

 

Furthermore,
if the application of the foregoing formulas of this Section 9 would result in a decrease in the Warrant Number, no adjustment
to the Warrant Number shall be made (other than as a result of a share combination).

 

Notwithstanding
anything in this Section 9 or any other provision in this Agreement or the Warrants, if a Warrant Number adjustment becomes effective
on any Ex-Dividend Date, and a Holder that has exercised its Warrants on or after such Ex-Dividend Date and on or prior to the
related Record Date would be treated as the record holder of the shares of Common Stock as of the related exercise date as described
under Section 9(r) based on an adjusted Warrant Number for such Ex-Dividend Date, then, notwithstanding the Warrant Number adjustment
provisions in this Section 9, the Warrant Number adjustment relating to such Ex-Dividend Date shall not be made for such converting
Holder. Instead, such Holder shall be treated as if such Holder were the record owner of the shares of Common Stock on an unadjusted
basis and participate in the related dividend, distribution or other event giving rise to such adjustment.

 

(n)
Notice of Adjustment. Whenever the Warrant Number or Exercise Price is adjusted, the Company shall provide the notices
required by Section 11 hereof.

 

(o)
Voluntary Reduction. The Company from time to time may reduce the Exercise Price by any amount for any period of time (including,
without limitation, permanently) if the period is at least 20 days and if the reduction is irrevocable during the period.

 

Whenever
the Exercise Price is reduced, the Company shall mail to the Holders a notice of the reduction. The Company shall mail the notice
at least 15 days before the date the reduced Exercise Price takes effect. The notice shall state the reduced Exercise Price and
the period it will be in effect.

 

A
reduction of the Exercise Price under this subsection (o) (other than a permanent reduction) does not change or adjust the
Exercise Price otherwise in effect for purposes of subsections (a), (b), (c), (e), or (f) of this Section 9.

 

(p)
Merger Events. If any Merger Event occurs, other than in the cases referred to in subsections (a), (b), (c), (d), (e) or
(f) of this Section 9, then at the effective time of such Merger Event, the Company or the successor or purchasing Person, as
the case may be, shall execute an agreement providing that at and after the effective time of such Merger Event, the right to
exercise the Warrants will be changed into a right to exercise the Warrants as set forth in this Agreement into the kind and amount
of shares of stock, other securities or other property or assets (including cash or any combination thereof) that a holder of
a number of shares of Common Stock equal to the Conversion Rate prior to such Merger Event would have owned or been entitled to
receive (the “Reference Property”, with each “unit of Reference Property” meaning the type
and amount of Reference Property that a holder of one share of Common Stock is entitled to receive) upon such Merger Event that
a holder of a number of shares of Common Stock would have been entitled to receive upon such Merger Event; provided, however,
(A) the Company shall continue to have the right to determine the form of consideration to be paid or delivered, as the case may
be, upon exercise of the Warrants in accordance with this Agreement and (B) any shares of Common Stock that the Company would
have been required to deliver upon exercise of the Warrants as provided herein shall instead be deliverable in the amount and
type of Reference Property that a holder of that number of shares of Common Stock would have been entitled to receive in such
Merger Event.

    16

     

    

 

As
used herein, the term “Merger Event” means (a) a recapitalization or reclassification of, or change in,
the Common Stock (other than changes resulting from a subdivision or combination), (b) a consolidation, merger or combination
involving the Company, (c) a sale, lease or other transfer to a third party of the consolidated assets of the Company and
its Restricted Subsidiaries substantially as an entirety or (d) a statutory share exchange, in each case (of any of the events
mentioned in clauses (a), (b), (c) or (d) of this definition) as a result of which the Common Stock would be converted into, or
exchanged for, or would be reclassified or changed into, stock, other securities, other property or assets (including cash or
any combination thereof).

 

If,
as a result of the Merger Event, each share of Common Stock is converted into the right to receive more than a single type of
consideration (determined based in part upon any form of stockholder election), then (x) the Reference Property into which
the Warrants will be exercisable will be deemed to be the weighted average of the types and amounts of consideration received
by the holders of Common Stock that affirmatively make such an election, and (y) the unit of Reference Property for purposes of
the foregoing sentence shall refer to the consideration referred to in clause (x) attributable to one share of Common Stock. If
the holders receive only cash in such Merger Event, then for all exercises of Warrants that occur after the effective date of
such Merger Event (x) the consideration due upon exercise shall be solely cash in an amount equal to the Warrant Number in effect
on the exercise date (as may be increased by any additional Shares pursuant to this Section 9), multiplied by the price paid per
share of Common Stock in such Merger Event and (y) the Company shall satisfy the exercise obligation by paying cash to exercising
Holders on the third Business Day immediately following the such exercise date. The Company shall notify the Holders of such weighted
average as soon as practicable after such determination is made.

 

The
Company shall not become a party to any such Merger Event unless its terms are consistent with this Section 9(p). Such agreement
shall provide for adjustments that shall be as nearly equivalent as may be practicable to the adjustments provided for in this
Section 9 in the judgment of the Company’s board of directors or the board of directors of the successor Person. If, in
the case of any such recapitalization, reclassification, change, consolidation, merger, combination, sale, lease, other transfer
or statutory share exchange, the Reference Property receivable thereupon by a holder of Common Stock includes shares of stock,
securities or other property or assets (including cash or any combination thereof) of a Person other than the successor or purchasing
Person, as the case may be, in such reorganization, reclassification, change, consolidation, merger, combination, sale, lease,
other transfer or statutory share exchange, then such agreement shall also be executed by such other Person. None of the foregoing
provisions shall affect the right of a holder of Warrants to exercise its Warrants prior to the effective date of such Merger
Event.

 

    17

     

    

 

The
Company shall cause notice of the execution of such agreement to be mailed to each Holder, at the address of such Holder as it
appears on the Warrant Register, within 20 days after execution thereof. Failure to deliver such notice shall not affect the legality
or validity of such agreement. The above provisions of this Section 9(p) shall similarly apply to successive reclassifications,
changes, consolidations, mergers, combinations, sales and conveyances. If this Section 9(p) applies to any Merger Event, Section
9(a) through Section 9(f) shall not apply.

 

(q)
Form of Warrants. Irrespective of any adjustments in the Exercise Price or the number or kind of units or shares purchasable
upon the exercise of the Warrants, Warrants theretofore or thereafter issued may continue to express the same price and number
and kind of units or shares as are stated in the Warrants initially issuable pursuant to this Agreement.

 

For
purposes of this Section 9, the number of shares of Common Stock at any time outstanding shall not include shares held in the
treasury of the Company so long as the Company does not pay any dividend or make any distribution on shares of common Stock held
in the treasury of the Company, but shall include shares issuable in respect of scrip certificates issued in lieu of fractions
of shares of Common Stock.

 

Section
10. Fractional Interests. The Company shall not be required to issue fractional Warrant Shares on the exercise of Warrants.
If more than one Warrant shall be presented for exercise in full at the same time by the same holder, the number of full Warrant
Shares which shall be issuable upon the exercise thereof shall be computed on the basis of the aggregate number of Warrant Shares
purchasable on exercise of the Warrants so presented. If any fraction of a Warrant Share would, except for the provisions of this
Section 10, be issuable on the exercise of any Warrants (or specified portion thereof), the Company shall, pay an amount in cash
equal to the fair market value of the Warrant Share so issuable (as determined in good faith by the board of directors of the
Company), multiplied by such fraction.

 

Section
11. Notices to Holders. Upon any adjustment pursuant to Section 9 hereof, the Company shall promptly thereafter (i) cause
to be filed with the Company a certificate of an officer of the Company setting forth the Warrant Number and Exercise Price after
such adjustment and setting forth in reasonable detail the method of calculation and the facts upon which such calculations are
based, and (ii) cause to be given to each of the Holders at its address appearing on the Warrant Register written notice
of such adjustments. Such notice may be given in advance.

 

Section
12. Notices to the Company and Holders. All notices and other communications provided for or permitted hereunder shall
be made by hand-delivery, first-class mail, facsimile transmission, e-mail transmission or overnight air courier guaranteeing
next day delivery using the information under “Address for Notices” set forth on each party’s signature page
hereto.

 

All
such notices and communications shall be deemed to have been duly given: at the time delivered by hand, if personally delivered;
five business days after being deposited in the mail, postage prepaid, if mailed (so long as a fax copy is sent and receipt confirmed
within two business days after mailing); when receipt is confirmed, if faxed or e-mailed; and the next business day after timely
delivery to the courier, if sent by overnight air courier guaranteeing next day delivery. The parties may change the addresses
to which notices are to be given by giving five days’ prior written notice of such change in accordance herewith.

 

    18

     

    

 

Section
13. Successors. The Company may not assign any of its rights, or delegate any of its obligations, under this Agreement
without the prior written consent of the approval of Holders of a majority of the then outstanding Warrants, and any such purported
assignment by the Company without the written consent of such Holders shall be null and void ab initio and of no force
or effect. All the covenants and provisions of this Agreement by or for the benefit of the Company or the Holders shall bind and
inure to the benefit of their respective successors and assigns hereunder.

 

Section
14. Termination. This Agreement shall terminate if all Warrants have been exercised pursuant to this Agreement.

 

Section
15. Governing Law; Submission To Jurisdiction. This Agreement and all issues hereunder shall be governed by and construed
in accordance with the laws of the State of New York. Any legal action or proceeding with respect to this Agreement may be brought
in the courts of the State of New York sitting in the Borough of Manhattan in the City of New York or any federal court of the
United States sitting in the Borough of Manhattan in the City of New York, and by execution and delivery of this Agreement, each
party hereto consents to the non-exclusive jurisdiction of those courts. Each party hereto irrevocably waives any objection, including
any objection to the laying of venue or based on the grounds of forum non conveniens, which it may now or hereafter have to the
bringing of any action or proceeding in such jurisdiction in respect of this Agreement or any issue hereunder. Each party hereto
waives personal service of any summons, complain or other process, which may be made by any other means permitted by the law of
such state. Each party hereto irrevocably consents to service of process in the manner provided for notices in Section 12 hereof.
Nothing in this Agreement will affect the right of any party hereto to serve process in any other manner permitted by applicable
law.

 

Section
16. Jury Trial Waiver. As permitted by applicable law, each party hereto waives its respective rights to a trial before
a jury in connection with any claim, dispute or controversy arising between the parties hereto with respect to this Agreement
or any issue hereunder, and such claim, dispute or controversy shall be resolved by a judge sitting without a jury.

 

Section
17. Benefits of this Agreement. Nothing in this Agreement shall be construed to give to any person or corporation other
than the Company and the Holders any legal or equitable right, remedy or claim under this Agreement; but this Agreement shall
be for the sole and exclusive benefit of the Company and the Holders.

 

Nothing
contained in this Agreement or in any Warrant Certificate shall be construed as conferring upon the Holders (prior to the exercise
of such Warrants) the right to vote or to consent or to receive notice as an equityholder in respect of the meetings of equityholders
or the election of members of the board of directors of the Company or any other matter, or any rights whatsoever as equityholders
of the Company.

 

    19

     

    

 

Section
18. Counterparts. This Agreement may be executed in any number of counterparts and each of such counterparts shall for
all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

 

Section
19. Amendments and Waivers. This Agreement and the Warrants may be amended, or their provisions waived, by the Company
and the approval of Holders of a majority of the then outstanding Warrants; provided that, to the extent applicable, the
Company and any individual Holder may amend this Agreement or the Warrants held by such Holder solely with respect to such Holder’s
own rights and obligations (and without amending any other Holder’s rights or obligations or the rights or obligations of
the Company with respect to such other Holder) without the approval of any other Holder.

 

Section
20. Entire Agreement. This Agreement, together with the Note Purchase Agreement and the Registration Rights Agreement,
constitute the entire agreement and understanding of the parties hereto and with respect to the subject matter contained herein,
and there are no restrictions, promises, representations, warranties, covenants or undertakings with respect to the subject matter
hereof, other than as expressly set forth or referred to herein or therein. This Agreement, the Note Purchase Agreement and the
Registration Rights Agreement supersede all prior agreements and understandings among the parties hereto with respect to the subject
matter hereof.

 

    20

     

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of the day and year first above written.

 

	 	GPAQ ACQUISITION HOLDINGS, INC.
	 	 	 
	 	By:	/s/
    Michael Crawford
	 	Name:  	Michael
    Crawford
	 	Title:	Chief
    Executive Officer

 

Address
for Notices:

 

GPAQ
Acquisition Holdings, Inc.

2626
Fulton Dr NW

Canton,
OH 44718

Attn: Michael Crawford

E-mail: michael.crawford@HOFvillage.com

 

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

 

Hunton
Andrews Kurth LLP

2200 Pennsylvania Avenue NW

Washington, D.C. 20037

Attn: J. Steven Patterson

Facsimile No.: (202) 778-7435

E-mail: spatterson@HuntonAK.com

 

    21

     

    

 

Purchasers:

 

	 	MAGNETAR CONSTELLATION MASTER FUND, LTD.
	 	 	 
	 	By: Magnetar Financial, LLC, its investment manager
	 	 	 
	 	By:	/s/
    Michael Turro
	 	Name:  	Michael
    Turro
	 	Title:	Chief
    Compliance Officer

 

Address
for Notices:

c/o
Magnetar Financial LLC

1603
Orrington Avenue, 13th Floor

Evanston,
Illinois 60201

Attention:
Chief Legal Officer

Email:
fisecuritynotices@magnetar.com

Fax:
847-869-2064

 

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

 

K&L
Gates LLP

70
West Madison Street, Suite 3100

Chicago,
Illinois 60602

Attention:
Todd R. Southwell

Email:
Todd.Southwell@klgates.com

Fax:
312-345-9965

 

    22

     

    

 

	 	MAGNETAR STRUCTRED CREDIT FUND, L.P.
	 	 	 
	 	By: Magnetar Financial, LLC, its general partner
	 	 	 
	 	By:	/s/
    Michael Turro
	 	Name:  	Michael
    Turro
	 	Title:	Chief
    Compliance Officer

 

Address
for Notices:

c/o
Magnetar Financial LLC

1603
Orrington Avenue, 13th Floor

Evanston,
Illinois 60201

Attention:
Chief Legal Officer

Email:
fisecuritynotices@magnetar.com

Fax:
847-869-2064

 

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

 

K&L
Gates LLP

70
West Madison Street, Suite 3100

Chicago,
Illinois 60602

Attention:
Todd R. Southwell

Email:
Todd.Southwell@klgates.com

Fax:
312-345-9965

 

    23

     

    

 

	 	MAGNETAR XING HE MASTER FUND LTD.
	 	 	 
	 	By: Magnetar Financial, LLC, its investment manager
	 	 	 
	 	By:	/s/
    Michael Turro
	 	Name:  	Michael
    Turro
	 	Title:  	Chief
    Compliance Officer

 

Address
for Notices:

c/o
Magnetar Financial LLC

1603
Orrington Avenue, 13th Floor

Evanston,
Illinois 60201

Attention:
Chief Legal Officer

Email:
fisecuritynotices@magnetar.com

Fax:
847-869-2064

 

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

 

K&L
Gates LLP

70
West Madison Street, Suite 3100

Chicago,
Illinois 60602

Attention:
Todd R. Southwell

Email:
Todd.Southwell@klgates.com

Fax:
312-345-9965

 

    24

     

    

 

	 	MAGNETAR SC FUND LTD
	 	 	 
	 	By: Magnetar Financial, LLC, its investment manager
	 	 	 
	 	By:  	/s/
    Michael Turro
	 	Name:  	Michael
    Turro
	 	Title:  	Chief
    Compliance Officer

 

Address
for Notices:

c/o
Magnetar Financial LLC

1603
Orrington Avenue, 13th Floor

Evanston,
Illinois 60201

Attention:
Chief Legal Officer

Email:
fisecuritynotices@magnetar.com

Fax:
847-869-2064

 

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

 

K&L
Gates LLP

70
West Madison Street, Suite 3100

Chicago,
Illinois 60602

Attention:
Todd R. Southwell

Email:
Todd.Southwell@klgates.com

Fax:
312-345-9965

 

    25

     

    

 

	 	PURPOSE ALTERNATIVE CREDIT FUND – T LLC
	 	 	 
	 	By: Magnetar Financial, LLC, its manager
	 	 	 
	 	By:	/s/
    Michael Turro
	 	Name:  	Michael
    Turro
	 	Title:	Chief
    Compliance Officer

 

Address
for Notices:

c/o
Magnetar Financial LLC

1603
Orrington Avenue, 13th Floor

Evanston,
Illinois 60201

Attention:
Chief Legal Officer

Email:
fisecuritynotices@magnetar.com

Fax:
847-869-2064

 

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

 

K&L
Gates LLP

70
West Madison Street, Suite 3100

Chicago,
Illinois 60602

Attention:
Todd R. Southwell

Email:
Todd.Southwell@klgates.com

Fax:
312-345-9965

 

    26

     

    

  

	 	PURPOSE ALTERNATIVE CREDIT FUND – F LLC
	 	 	 
	 	By: Magnetar Financial, LLC, its manager
	 	 	 
	 	By:	/s/
    Michael Turro
	 	Name:  	Michael
    Turro
	 	Title:	Chief
    Compliance Officer

 

Address
for Notices:

c/o
Magnetar Financial LLC

1603
Orrington Avenue, 13th Floor

Evanston,
Illinois 60201

Attention:
Chief Legal Officer

Email:
fisecuritynotices@magnetar.com

Fax:
847-869-2064

 

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

 

K&L
Gates LLP

70
West Madison Street, Suite 3100

Chicago,
Illinois 60602

Attention:
Todd R. Southwell

Email:
Todd.Southwell@klgates.com

Fax:
312-345-9965

 

    27

     

    

 

	 	TIMKEN FOUNDATION OF CANTON
	 	 	 
	 	By:  	
	 	Name:  	Ward
    J. Timken
	 	Title:  	President

 

    28

     

    

 

	 	STARK COMMUNITY FOUNDATION
	 	 	 
	 	By:	
	 	Name: 	Mark
    J. Samolcyzk
	 	Title:	President
    and CEO

 

    29

     

    

 

	 	ch capital lending, LLC
	 	 
	 	By: Holdings SPE Manager, LLC,
	 	a Delaware limited liability company, its Manager
	 	 	 
	 	By:	
	 	Name:  	Richard
    H. Klein
	 	Title:	Chief
    Financial Officer

 

    30

     

    

 

	 	GORDON POINTE MANAGEMENT, LLC
	 	 	 
	 	By:	/s/ James J. Dolan
	 	Name:	James J. Dolan
	 	Title:	Manager

 

    31

     

    

 

	 	JMJS Group, LLLP
	 	 	 
	 	By:	/s/
    Jerre Stead
	 	Name:  	Jerre
    Stead
	 	Title:	General
    Partner

 

    32

     

    

  

	 	glenn
    r. august
	 	 
	 	
	 	Glenn
    R. August

 

    33

     

    

  

	 	MICHAEL
    S. GROSS
	 	 
	 	
	 	Michael
    S. Gross

 

    34

     

    

 

	 	Bradley
    M. Chase and Judith E. Chase,

 as Tenants-in-Common
	 	 
	 	
	 	Bradley
    M. Chase
	 	 
	 	
	 	Judith
    E. Chase

 

    35

     

    

 

	 	Kevin
    O'Callaghan
	 	 
	 	/s/
    Kevin O’Callaghan
	 	Kevin
    O’Callaghan

 

    36

     

    

 

	 	JOHN
    AND KELLY WARNER
	 	 
	 	
	 	John
    Warner
	 	 
	 	
	 	Kelly
    Warner

 

    37

     

    

 

	 	JEFFREY
    SLOVIN
	 	 
	 	/s/
    Jeffrey Slovin
	 	Jeffrey
    Slovin

 

    38

     

    

 

EXHIBIT
A

 

[Form
of Warrant Certificate]

 

THE
SECURITIES REPRESENTED BY THIS CERTIFICATE WERE ORIGINALLY ISSUED ON ● 2020, AND THE OFFER AND SALE OF SUCH SECURITIES
HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”). THE SECURITIES MAY NOT
BE SOLD OR OFFERED FOR SALE OR OTHERWISE DISTRIBUTED EXCEPT IN CONJUNCTION WITH AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES
UNDER THE SECURITIES ACT, OR IN COMPLIANCE WITH RULE 144 OR PURSUANT TO ANOTHER EXEMPTION FROM THE REGISTRATION REQUIREMENTS
OF THE SECURITIES ACT. THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A WARRANT AGREEMENT AND A NOTE PURCHASE AGREEMENT,
EACH DATED AS OF ● 2020, AMONG THE ISSUER OF SUCH SECURITIES (THE “COMPANY”) AND THE PURCHASERS REFERRED TO
THEREIN. THE TRANSFER OF THIS CERTIFICATE IS SUBJECT TO THE CONDITIONS SPECIFIED IN SUCH AGREEMENTS AND THE COMPANY RESERVES THE
RIGHT TO REFUSE THE TRANSFER OF THIS CERTIFICATE UNTIL SUCH CONDITIONS HAVE BEEN FULFILLED WITH RESPECT TO SUCH TRANSFER. A COPY
OF SUCH AGREEMENTS WILL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST.

 

THE
SHARES ISSUABLE UPON EXERCISE OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE PREFERENCES, POWERS, QUALIFICATIONS
AND RIGHTS OF EACH CLASS AND SERIES AS SET FORTH IN THE COMPANY’S CERTIFICATE OF INCORPORATION AND BYLAWS, [AS AMENDED].
THE COMPANY WILL FURNISH A COPY OF THE CERTIFICATE OF INCORPORATION, BYLAWS AND ANY RELEVANT AMENDMENTS THERETO TO THE HOLDER
OF THIS CERTIFICATE UPON WRITTEN REQUEST.

 

	No.
    _____	______
    Warrants

 

Warrant
Certificate

 

GPAQ
ACQUISITION HOLDINGS, INC.

 

This
Warrant Certificate certifies that ___________________________, or registered assigns, is the registered holder of the number
of Warrants (the “Warrants”) set forth above to purchase Common Stock, $0.0001 par value (the “Common
Stock”), of GPAQ Acquisition Holdings, Inc., a Delaware corporation (the “Company”). Each Warrant
entitles the holder upon exercise to receive from the Company one fully paid and nonassessable share of the Common Stock of the
Company (such shares of the Common Stock, a “Warrant Share”), at the initial exercise price (the “Exercise
Price”) equal to the Conversion Price for the corresponding redeemed Notes that was in effect immediately prior to the
redemption of such Notes, payable in lawful money of the United States of America, upon surrender of this Warrant Certificate
and payment of the Exercise Price at the office of the Company designated for such purpose, but only subject to the conditions
set forth herein and in the Warrant Agreement referred to hereinafter. The Exercise Price and number of Warrant Shares issuable
upon exercise of the Warrants are subject to adjustment upon the occurrence of certain events, as set forth in the Warrant Agreement.
Each Warrant is exercisable at any time prior to 5:00 p.m., Eastern time, on ● 2025.

 

The
Warrants evidenced by this Warrant Certificate are part of a duly authorized issue of Warrants, and are issued or to be issued
pursuant to a Warrant Agreement dated as of ● 2020 (the “Warrant Agreement”), duly executed and delivered
by the Company, which Warrant Agreement is hereby incorporated by reference in and made a part of this instrument and is hereby
referred to for a description of the rights, limitation of rights, obligations, duties and immunities thereunder of the Company
and the holders (the words “holders” or “holder” meaning the registered holders or registered
holder) of the Warrants. A copy of the Warrant Agreement may be obtained by the holder hereof upon written request to the Company.
Capitalized terms used and not defined herein shall have the meanings ascribed thereto in the Warrant Agreement.

 

    A-1

     

    

 

The
holder hereof may exercise the Warrants evidenced hereby under and pursuant to the terms and conditions of the Warrant Agreement
by surrendering this Warrant Certificate, with the form of election to purchase set forth hereon (and by this reference made a
part hereof) properly completed and executed, and, to the extent the Warrants are not being exchanged pursuant to the Warrant
exchange provisions of Section 5 of the Warrant Agreement, together with payment of the Exercise Price in cash or by certified
or bank check at the office of the Company designated for such purpose. In the event that upon any exercise of Warrants evidenced
hereby the number of Warrants exercised shall be less than the total number of Warrants evidenced hereby, there shall be issued
by the Company to the holder hereof or its registered assignee a new Warrant Certificate evidencing the number of Warrants not
exercised.

 

The
Warrant Agreement provides that upon the occurrence of certain events the number of Warrant Shares issuable upon exercise of a
Warrant and the Exercise Price set forth on the face hereof may, subject to certain conditions, be adjusted.

 

Warrant
Certificates, when surrendered at the office of the Company by the registered holder thereof in person or by legal representative
or attorney duly authorized in writing, may be exchanged, in the manner and subject to the limitations provided in the Warrant
Agreement, but without payment of any service charge, for another Warrant Certificate or Warrant Certificates of like tenor evidencing
in the aggregate a like number of Warrants.

 

Subject
to the terms and conditions of the Warrant Agreement, upon due presentation for registration of transfer of this Warrant Certificate
at the office of the Company, a new Warrant Certificate or Warrant Certificates of like tenor and evidencing in the aggregate
a like number of Warrants shall be issued to the transferee(s) in exchange for this Warrant Certificate, subject to the limitations
provided in the Warrant Agreement, without charge except for any tax or other governmental charge imposed in connection therewith.

 

The
Company may deem and treat the registered holder(s) thereof as the absolute owner(s) of this Warrant Certificate (notwithstanding
any notation of ownership or other writing hereon made by anyone), for the purpose of any exercise hereof, of any distribution
to the holder(s) hereof, and for all other purposes, and the Company shall not be affected by any notice to the contrary. Neither
the Warrants nor this Warrant Certificate entitles any holder hereof to any rights of a stockholder of the Company.

 

IN
WITNESS WHEREOF, the Company has caused this Warrant Certificate to be signed by its Chairman of the Board, Chief Executive Officer,
President or any Vice President.

 

Dated:
● 2020

 

(Signature
Page Follows)

 

    A-2

     

    

 

	 	GPAQ ACQUISITION HOLDINGS, INC.
	 	 	 
	 	By:	             
	 	Name:	 
	 	Title:	 

 

    A-3

     

    

 

FORM
OF ELECTION TO PURCHASE

(To Be Executed Upon Exercise of Warrant)

 

The
undersigned hereby irrevocably elects to exercise the right, represented by this Warrant Certificate, to:

 

(Check
Applicable Box)

 

		☐	receive
                                         ______________ shares of Common Stock and herewith tenders payment for such shares to
                                         the order of GPAQ Acquisition Holdings, Inc. in the amount of $____________ in accordance
                                         with the terms hereof.

 

		☐	exchange
                                         Warrants for shares of Common Stock and herewith tenders Warrants to purchase _______________
                                         shares of Common Stock as payment for such number of shares of Common Stock as determined
                                         in accordance with the Warrant exchange procedures of Section 5 of the Warrant Agreement.

 

The
undersigned requests that a certificate for such shares be registered in the name of ____________________________, whose address
is _______________________________ and that such shares be delivered to ____________________________, whose address is _______________________________.

 

If
said number of shares is less than all of the shares of Common Stock purchasable hereunder, the undersigned requests that a new
Warrant Certificate representing the remaining balance of such shares be registered in the name of ____________________________,
whose address is _______________________________, and that such Warrant Certificate be delivered to ____________________________,
whose address is _______________________________.

 

Signature(s):

 

		NOTE:	The
                                         above signature(s) must correspond with the name written upon the face of this Warrant
                                         Certificate in every particular, without alteration or enlargement or any change whatever.
                                         If this Warrant is held of record by two or more joint owners, all such owners must sign.

 

Date:
                            

 

    A-4

     

    

 

FORM
OF ASSIGNMENT

(To be signed only upon assignment of Warrant Certificate)

 

FOR
VALUE RECEIVED, ____________________________ hereby sells, assigns and transfers unto ____________________________ whose address
is _________________________________ and whose social security number or other identifying number is _________________________,
the within Warrant Certificate, together with all right, title and interest therein and to the Warrants represented thereby, and
does hereby irrevocably constitute and appoint ____________________________, attorney, to transfer said Warrant Certificate on
the books of the within-named corporation, with full power of substitution in the premises.

 

Signature(s):

 

		NOTE:	The
                                         above signature(s) must correspond with the name written upon the face of this Warrant
                                         Certificate in every particular, without alteration or enlargement or any change whatever.
                                         If this Warrant is held of record by two or more joint owners, all such owners must sign.

 

Date:
                            

 

 

 A-5

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