Document:

EX-4.03

 Exhibit 4.03 
 THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION (THE “SEC”) OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN
EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE TRANSFERRED UNLESS (i) SUCH SECURITIES HAVE BEEN REGISTERED FOR SALE PURSUANT TO THE
SECURITIES ACT, (ii) SUCH SECURITIES MAY BE SOLD PURSUANT TO RULE 144 PROMULGATED UNDER THE SECURITIES ACT (“RULE 144”), OR (iii) THE COMPANY HAS RECEIVED AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO
IT THAT SUCH TRANSFER MAY LAWFULLY BE MADE WITHOUT REGISTRATION UNDER THE SECURITIES ACT. 
 THIS WARRANT WILL BE VOID AFTER
5:00 P.M. PACIFIC TIME ON JULY 15, 2018 (THE “EXPIRATION DATE”). 
 GLU MOBILE INC.

 WARRANT TO PURCHASE 3,333,333 SHARES OF 
 COMMON STOCK, PAR VALUE $0.0001 PER SHARE 
 July 15, 2013 

For VALUE RECEIVED, MGM Interactive Inc. (together with any Permitted Transferee, as defined in Section 17 below, the
“Holder”), is entitled to purchase, subject to the provisions of this Warrant, from Glu Mobile Inc., a Delaware corporation (the “Company”), at any time from the date hereof until not later than
5:00 P.M., Pacific time, on the Expiration Date (as defined above), at an exercise price per share equal to $3.00 (the exercise price in effect at the time of exercise, the “Warrant Price”), up to 3,333,333 fully paid
and non-assessable shares (the “Warrant Shares”) of the Company’s Common Stock, par value $0.0001 per share (the “Common Stock”). The right of the Holder to exercise this Warrant to purchase
Warrant Shares will be subject to satisfaction of the vesting provisions of Section 1 of this Warrant. The number of Warrant Shares purchasable upon exercise of this Warrant and the Warrant Price are subject to adjustment from time to
time as described herein. 
 1. Vesting and Expiration. 

1.1. Definitions. The following terms have the following meanings: 

(a) “Affiliate” has the meaning set forth in Rule 405 promulgated under the Securities Act; 

(b) “Bond Title” means a New Game based on a mutually agreed license to the JAMES BOND intellectual
property; 
 (c) “Initial Commercial Release Date” means the initial commercial release date of a New
Game on any platform, or, if earlier, the outside or deemed release date/“Release Date” for a New Game set forth in the applicable license agreement; 
 (d) “MGM Property” means an intellectual property licensed to Company by the Holder or an Affiliate of the Holder; 

 (e) “New Game” means a new mobile game developed by
the Company that is based on a license to an MGM Property between the Company and the Holder or an Affiliate of the Holder. A New Game includes, without limitation, a Sequel, and is a separate game from any other mobile game, including any
previously released New Game, and is separately sold or offered under a different game name, which for example, would require a separate, unique developer App ID on Apple’s App Store. For further clarity, each of the following games described
as a new game below would be considered a New Game under this Warrant: “Blood & Glory” (original game) and “Blood & Glory: Legends” (new game); “Angry Birds” (original game) and “Angry Birds:
Rio,” “Angry Birds: Seasons,” and “Angry Birds: Star Wars” (new games); “Contract Killers” (original game) and “Contract Killers 2” and “Contract Killers: Zombies” (new games). Localizations,
Updates or Upgrades to or of a previously commercially released New Game will not be considered a separate or additional New Game under this Warrant; 
 (f) “Sequel” means a new, complete and separate New Game based on an MGM Property that was used for a previously commercially released New Game (e.g., a New Game that
is based entirely or in part on one or more characters, locations or plot lines in an existing New Game); provided that localizations, Updates or Upgrades of a previously commercially released New Game are not Sequels; 

(g) “Update” means a routine update for a New Game that is (if required under the applicable license agreement)
preapproved in writing by the Holder and which may include new content, new features and concepts, new levels and new game play modes and possible software updates, and which would be accessed by users by updating their applications rather than
installing a new application or otherwise acquiring it via a purchase or free to buy election; and 
 (h)
“Upgrade” means a non-routine update; i.e., an update which will result in substantial expenses to Company or significant features and/or functionality not contemplated in the original release of the applicable New Game
(which would be accessed by users by updating their applications rather than installing a new application or otherwise acquiring it via a purchase or free to buy election). Both the Holder and the Company must agree in writing on the development and
deployment of any Upgrades. For the avoidance of doubt, unless the parties mutually agree otherwise pursuant to a written amendment to a license agreement for a particular New Game, in no event will an Upgrade include the following to the extent not
included in the original version of such New Game: multi-player modes other than single player vs. single player, a world builder universe, an MMO engine, a role-playing option, real-time strategy game elements, or the types of elements that are
customarily consistent with the creation of a “New Game.” 
 1.2. Vesting of the Warrant Shares. This
Warrant may not be exercised as to any unvested portion of the Warrant Shares. In no event (other than to the extent of any events listed in Section 7 of this Warrant) will more than 3,333,333 Warrant Shares vest pursuant to the
provisions of this Section 1.2. The Warrant Shares will become vested and exercisable according to the following schedule: 
 (a) 333,333 of the Warrant Shares will vest and become exercisable on the date hereof; 

  
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 (b) an additional 333,333 of the Warrant Shares will vest and become exercisable on the
Initial Commercial Release Date of each New Game that is based on a mutually agreed MGM Property, it being understood that: 

(i) the Holder may vest as to an additional 333,333 of the Warrant Shares under this Section 1.2(b) more than one time, in
each case upon the Initial Commercial Release Date of (1) each New Game based on a different MGM Property and/or (2) each Sequel; 
 (ii) the Initial Commercial Release Date of a New Game pursuant to any license agreement executed by Holder and the Company concurrently with this Warrant will result in the vesting of 333,333 of the
Warrant Shares under this Section 1.2(b) in addition to the 333,333 Warrant Shares that vested upon execution hereof; 
 (iii) no Warrant Shares will vest in respect of the commercial release of, or otherwise in connection with, the mobile game covered by that certain ROBOCOP Interactive License and Development
Agreement between the Company and the Holder, dated as of March 1, 2013, and any localizations, Updates, alterations or upgrades thereof; 
 (iv) the commercial release of a New Game in additional territories will not trigger any additional vesting of this Warrant (e.g., the commercial release of a New Game throughout the world other than Asia
will trigger vesting of 333,333 of the Warrant Shares, but the subsequent commercial release of the same New Game in Asia will not trigger the vesting of any additional Warrant Shares); and 

(v) for the avoidance of doubt, all license agreements between Holder and Company with respect to MGM Properties will be negotiated in
good faith by each party at arm’s length and on market terms; and 
 (c) an additional 1,000,000 of the Warrant Shares
will vest and become exercisable on the Initial Commercial Release Date of a New Game that is a Bond Title, with an additional 1,000,000 of the Warrant Shares vesting and becoming exercisable on each Initial Commercial Release Date of an additional
New Game that is a Bond Title (excluding any localizations, Updates, or Upgrades to any previously commercially released Bond Title); it being further understood that if the Warrant Shares vest under this Section 1.2(c), they will not
also vest under Section 1.2(b) (i.e., the Initial Commercial Release Date of a Bond Title will result in the vesting of 1,000,000 of the Warrant Shares, not 1,333,333 of the Warrant Shares). Notwithstanding anything contained herein to
the contrary, it is understood that the Company will have no right to develop, distribute and/or exploit any mobile game (or any other product) based on the JAMES BOND intellectual property until such time (if ever) as the Holder and the
Company negotiate terms therefor, and enter into a definitive agreement wherein the Holder grants to the Company the right to develop and distribute a mobile game based upon the JAMES BOND intellectual property, and that the execution of such
agreement will be subject to any required third party approvals. 
 1.3. Expiration. Any Warrant Shares that have
not vested by the Expiration Date will no longer vest, will be cancelled and will not be exercisable. On the Expiration Date, this Warrant will terminate, expire and be of no further force or effect automatically and without further action by any
person or party on the Expiration Date. 
 2. Exercise. Subject to the provisions hereof, including the vesting
provisions of Section 1.2, the Holder may exercise the vested portion of this Warrant, in whole or in part, at any time prior to the Expiration Date upon surrender of the Warrant, together with delivery of a duly executed Warrant
exercise form, in the form attached as Appendix A (the “Exercise Agreement”) and payment by cash, certified check or wire transfer of funds of the aggregate Warrant Price for that number of Warrant Shares then
being purchased, to the Company during normal business hours on any Business Day at the Company’s principal executive offices (or such other office or agency of the Company as it may 

  
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designate by notice to the Holder). The Warrant Shares so purchased will be deemed to be issued to the Holder, as the record owner of such shares, as of the close of business on the date on which
(a) this Warrant has been surrendered (or the date evidence of loss, theft or destruction thereof and security or indemnity satisfactory to the Company has been provided to the Company as provided in Section 4 below), (b) the
Warrant Price has been paid and (c) the completed Exercise Agreement has been delivered (the “Issue Date”). Certificates for the Warrant Shares so purchased (the “Issued Shares”) will be delivered
to the Holder within a reasonable time following the Issue Date. The certificates so delivered will be in such denominations as may be requested by the Holder and will be registered in the name of the Holder. If this Warrant has been exercised only
in part, then, unless this Warrant has expired, the Company will, at its expense, deliver to the Holder a new Warrant of like tenor representing the right to purchase the number of Warrant Shares with respect to which this Warrant will not then have
been exercised. As used herein, “Business Day” means a day, other than a Saturday or Sunday, on which banks in San Francisco are open for the general transaction of business. If the offer and sale of the Warrant Shares have
not been registered with the SEC, each exercise hereof will constitute the re-affirmation by the Holder that the representations and warranties contained in Section 5 (except for
Section 5.1) below are true and correct as of the time of such exercise. 
 3. Compliance with the Securities
Act. The Company will cause the legend set forth on the first page of this Warrant to be affixed to each Warrant, unless counsel for the Company is of the opinion as to any such security that such legend is unnecessary. A similar legend will
be applied to certificates representing the Issued Shares until such time as (a) such Issued Shares have been registered for sale pursuant to the Securities Act, (b) such Issued Shares may be sold pursuant to Rule 144, or (c) the
Company has received from the holder of Issued Shares an opinion of counsel reasonably satisfactory to it that such legend may be removed from the Issued Shares. 
 4. Mutilated or Missing Warrant. If this Warrant is mutilated, lost, stolen, or destroyed, the Company will issue in exchange and substitution for, and upon surrender and cancellation of,
the mutilated Warrant, or in lieu of and substitution for the Warrant lost, stolen or destroyed, a new Warrant of like tenor and for the purchase of a like number of Warrant Shares, but only upon receipt of (a) in the case of a lost, stolen or
destroyed Warrant, an affidavit of lost, stolen or destroyed warrant in form reasonably satisfactory to the Company and (b) reasonable indemnity to the Company against any loss that the Company may suffer as a result of the replacement of such
Warrant, in each case if so requested by the Company. 
 5. Representations and Warranties of the Holder. The
Holder hereby represents and warrants as of the date hereof, and if the offer and sale of the Warrant Shares have not been registered with the SEC, except with respect to Section 5.1, as of the date of each exercise of the Warrant:

 5.1. Intellectual Property Rights. The Holder represents that at the time it (or one of its Affiliates)
executes a license agreement for a New Game or Bond Title, if ever, it (or an Affiliate) has or will at all relevant times have, the necessary rights, licenses, power and authority to grant the licenses to enable the Company to develop and
commercially release New Games and/or Bond Titles necessary for the Holder to vest in the Warrant Shares as provided in Section 1.2. 
 5.2. Purchase for Own Account. As of the date hereof this Warrant, and as of the date of any exercise of the Warrant the Issued Shares, have been acquired for investment for the
Holder’s own account, not as a nominee or agent, and not with a view to the public resale or distribution thereof within the meaning of the Securities Act, and the Holder has no present intention of selling, granting any participation in, or
otherwise distributing the same. 
 5.3. Disclosure of Information. The Holder has received or has had full access
to all 

  
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the information it considers necessary or appropriate to make an informed investment decision with respect to the Warrant and, to the extent such information is timely provided by Company prior
to the applicable exercise of the Warrant, any Issued Shares that result from the exercise at such time. The Holder further has had an opportunity to ask questions and receive answers from the Company regarding the terms and conditions of the
offering of this Warrant and, to the extent such opportunity is timely provided prior to any applicable exercise of the Warrant, any Issued Shares that result from the exercise at such time. 

5.4. Investment Experience. The Holder understands that the purchase of the Warrant and Issued Shares involves substantial
risk. The Holder has such knowledge and experience in financial or business matters that the Holder is capable of evaluating the merits and risks of this investment in the Warrant and Issued Shares and protecting its own interests in connection with
this investment. 
 5.5. Restricted Securities. The Holder understands that the Warrant and any Issued Shares are
characterized as “restricted securities” under the Securities Act and Rule 144 inasmuch as they are being acquired from the Company in a transaction not involving a public offering, and that under the Securities Act and applicable
regulations thereunder the Warrant and any Issued Shares may be resold without registration under the Securities Act only in certain limited circumstances. In this connection, the Holder is familiar with Rule 144, as presently in effect, and
understands the resale limitations imposed thereby and by the Securities Act. The Holder understands that the Company is under no obligation to register the Warrant or Issued Shares, except as expressly provided herein. 

5.6. No Solicitation. At no time was the Holder presented with or solicited by any publicly issued or circulated newspaper,
mail, radio, television or other form of general advertising or solicitation in connection with the offer, sale and purchase of the Warrant. 
 6. Representations and Warranties of the Company. The Company hereby represents and warrants that there have been reserved, and the Company will at all applicable times keep reserved until
issued, out of the authorized and unissued shares of Common Stock, sufficient shares to provide for the exercise in full of the rights of purchase represented by this Warrant. The Company agrees that all Issued Shares issued upon due exercise of
this Warrant in accordance with the terms hereof will be, at the time of delivery of the certificates for such Issued Shares, duly authorized, validly issued, fully paid and non-assessable shares of Common
Stock that are free of any taxes, liens and encumbrances (excluding any taxes, liens and encumbrances that may be imposed thereon by actions taken by the Holder either before or after the date hereof). The Company represents and warrants that it is
eligible to use Form S-3 to register the resale of the Issued Shares and will use commercially reasonable efforts to maintain its eligibility to use Form S-3 until the expiration of the registration rights in accordance with Section 8.4 of this
Warrant. 
 7. Adjustment Provisions. The number and character of Warrant Shares issuable upon exercise of this
Warrant and the Warrant Price therefor, are subject to adjustment upon each event in Sections 7.1 through 7.4 occurring between the date this Warrant is issued and earlier of the time that it is exercised in full or the Expiration
Date: 
 7.1. Adjustment for Stock Splits and Stock Dividends. The Warrant Price and the number of the Warrant
Shares for which this Warrant remains exercisable will each be proportionally adjusted to reflect any stock dividend, stock split, reverse stock split or other similar event affecting the number of outstanding shares of Common Stock. 

  
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 7.2. Adjustment for Other Dividends and Distributions. If the Company makes or
issues, or fixes a record date for the determination of eligible holders entitled to receive, a dividend or other distribution payable with respect to the Common Stock that is payable in (a) securities of the Company (other than issuances with
respect to which adjustment is made under Section 7.1 or Section 7.3) or (b) assets (whether cash or property, and whether or not a regular cash dividend) which dividend or distribution is actually made (each a
“Dividend Event”), then, and in each such case, the Holder, upon exercise of this Warrant at any time after such Dividend Event, will receive, in addition to the Issued Shares, the securities or such other assets of the
Company that would have been payable to the Holder if the Holder had completed such exercise of this Warrant, immediately prior to such Dividend Event. 
 7.3. Adjustment for Reorganization, Consolidation, Merger. In case (a) of any recapitalization or reorganization of the Company, including any reclassification, exchange or substitution
of the Common Stock, or (b) the Company consolidates with, merges into, or sells all of substantially all of its assets to, one or more other corporations or entities (each, a “Reorganization Event”), then, and in each
such case, the Holder, upon the exercise of this Warrant after such Reorganization Event will be entitled to receive, in lieu of the stock or other securities and property that the Holder would have been entitled to receive upon such exercise prior
to such Reorganization Event, the stock or other securities or property that the Holder would have been entitled to receive upon such Reorganization Event if, immediately prior to such Reorganization Event, the Holder had completed such exercise of
this Warrant, all subject to further adjustment as provided in this Warrant. In each such case, the terms of this Warrant will apply to the shares of stock or other securities or property receivable upon the exercise of this Warrant after the
consummation of such Reorganization Event. 
 7.4. Conversion of Stock. In case all (a) the Warrant Shares
are converted, pursuant to the Company’s Certificate of Incorporation or otherwise, into securities or property (other than Common Stock), or (b) the Warrant Shares otherwise ceases to exist or to be authorized by the Company’s
Certificate of Incorporation (each, a “Stock Event”), then the Holder, upon exercise of this Warrant at any time after such Stock Event, will receive, in lieu of the number of shares of Warrant Shares that would have been
issuable upon exercise of this Warrant immediately prior to such Stock Event, the stock and other securities and property that the Holder would have been entitled to receive upon the Stock Event, if, immediately prior to such Stock Event, the Holder
had completed such exercise of this Warrant. 
 7.5. Notice of Adjustments. The Company will promptly give the
Holder written notice of each adjustment under Section 7 of the Warrant Price or the number of Warrant Shares or other securities that remain issuable upon exercise of this Warrant. The notice will describe the adjustment and show in
reasonable detail the facts on which the adjustment or readjustment is based. 
 7.6. No Change Necessary. The
form of this Warrant need not be changed because of any adjustment in the Warrant Price or in the number of shares of Common Stock issuable upon its exercise. 
 8. Form S-3 Registration Statement. 
 8.1. Preparation. No later than 60 days from the date hereof or such later date as the Company and the Holder may mutually agree upon, the Company will prepare and file with the SEC a
registration statement on Form S-3 (or, if Form S-3 is not then available to the Company, on such form of registration statement as is then available to effect
a registration for resale of the Issued Shares), covering the resale of the Issued Shares (the “Registration Statement”). The Holder agrees to cooperate with the Company as reasonably requested by the Company to prepare and
file the Registration Statement. The 

  
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Company will provide copies to, and permit one counsel for the Holder to review, the Registration Statement and all amendments and supplements thereto. The Company covenants and agrees that the
Company will use its commercially reasonable efforts to cause the Registration Statement to be declared effective as soon as practicable following the date it is filed with the SEC, and will use its commercially reasonable efforts to ensure that the
Registration Statement is declared effective not more than 180 days from the date hereof. The Company will notify the Holder (where email will suffice) promptly after the Registration Statement is declared effective by the SEC and will provide to
the Holder such number of copies of any related prospectus and all amendments and supplements thereto as the Holder may reasonably request to be used in connection with the sale or other disposition of the Issued Shares. 

8.2. Prospectus Suspension. For not more than the lesser of: (i) 90 consecutive days, or (ii) a total of not
more than 120 days in any 12-month period, the Company may suspend the use of any prospectus included in the Registration Statement if the Company’s Board of Directors determines in good faith that
such suspension is necessary (a) to delay the disclosure of material non-public information concerning the Company, the disclosure of which at the time is not, in the good faith opinion of the
Company’s Board of Directors, in the best interests of the Company and its stockholders, or (b) to amend or supplement any Registration Statement or the related prospectus so that such Registration Statement or prospectus will not include
an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in the case of the prospectus in light of the circumstances under which they were made, not misleading
(an “Allowed Delay”). The Company will promptly notify the Holder upon such determination of an Allowed Delay and will also promptly notify the Holder upon expiration or termination of an Allowed Delay. 

8.3. Expenses. The Company will pay all expenses associated with the Registration Statement, including filing and printing
fees, expenses of the Company’s counsel and accounting fees and expenses, but excluding the Holder’s expenses in connection with its or its counsel’s or other advisors’ review of the Registration Statement. The Holder will be
responsible for its own expenses (including broker’s fees and, if applicable, fees of underwriters (including any discounts, commissions or other selling concessions), selling brokers, dealer managers or similar securities industry
professionals) with respect to the Issued Shares being sold. 
 8.4. Expiration. The Company will maintain the
effectiveness of the Registration Statement until the earlier to occur of: (a) the date on which all of the Issued Shares then outstanding may be freely resold by the Holder without any limitations under Rule 144 (including volume limitations),
and (b) the date that all of the Issued Shares have been sold pursuant to the Registration Statement; provided that, notwithstanding the foregoing, the Company will in all cases maintain the effectiveness of the Registration Statement until the
earlier to occur of (i) the exercise of the last of the maximum number of Warrant Shares available for issuance hereunder (i.e., 3,333,333 shares, as may be adjusted in accordance with terms of this Warrant) and (ii) the six month
anniversary of the Expiration Date (the “Registration Expiration Date”). 
 8.5. Company
Obligations. The Company will use commercially reasonable efforts to effect the registration of the Issued Shares in accordance with the terms hereof, and pursuant thereto, the Company will: 

(a) use commercially reasonable efforts to prepare and file with the SEC such amendments and
post-effective amendments to the Registration Statement and any related prospectus as may be necessary to keep the Registration Statement effective as required by Section 8.4; 

  
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 (b) use commercially reasonable efforts to (i) prevent the issuance of any stop order
or other suspension of effectiveness and, (ii) if such order is issued, use commercially reasonable efforts to obtain the prompt withdrawal of any such order; 
 (c) use commercially reasonable efforts to cause the Issued Shares to be listed on each securities exchange, interdealer quotation system or other market on which similar securities issued by the Company
are then listed; and 
 (d) notify the Holder, at any time prior to the Expiration Date, upon discovery that, or upon the
happening of any event as a result of which, the prospectus contained in the Registration Statement includes 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 in light of the circumstances then existing, and prepare, file with the SEC and furnish to the Holder a supplement to or an amendment of such prospectus as may be necessary so that such prospectus will not include an untrue
statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances then existing. 

8.6. Holder Obligations. The Holder will furnish in writing to the Company such information regarding itself and the
intended method of disposition of the Issued Shares held by the Holder, as may be reasonably requested by the Company and which will be reasonably required to effect the registration of such Issued Shares and will execute such documents in
connection with such registration as the Company may reasonably request. Upon the Company’s request, the Holder will update the information previously provided by the Holder to the Company for inclusion in the Registration Statement. The Holder
agrees that, upon receipt of a written notice from the Company of the commencement of an Allowed Delay, the Holder will immediately discontinue disposition of Issued Shares pursuant to the Registration Statement until the Holder is advised by the
Company that such dispositions may again be made. 
 8.7. Indemnification. 

(a) Indemnification by the Company. The Company will indemnify, defend and hold harmless the Holder, its affiliates, and
its officers, directors, employees, agents, representatives and each other person, if any, who controls the Holder within the meaning of the Securities Act against any losses, claims, damages or liabilities, joint or several, to which the Holder,
its affiliates, and its officers, directors, employees, agents, representatives and each other person, if any, who controls the Holder within the meaning of the Securities Act may become subject under the Securities Act or otherwise, insofar as such
losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon: (i) any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement, any prospectus or final
prospectus contained in the Registration Statement, or any amendment or supplement thereof; (ii) any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein not misleading; or
(iii) any violation by the Company of the Securities Act or any rule, regulation, law, order, ruling or decree promulgated thereunder applicable to the Company and relating to action or inaction required of the Company in connection with such
registration; and will reimburse the Holder, its affiliates, and each such officer, director, employee, agent, representative and other person who controls the Holder within the meaning of the Securities Act, for any legal (but only with respect to
one law firm and one local counsel on behalf of all indemnified parties) or other expenses reasonably incurred by them in connection with investigating or defending any such loss, claim, damage, liability or action; provided, however,
that the Company will not be liable in any such case if and to the extent that any such loss, claim, damage or liability arises out of or is based upon an untrue statement or alleged untrue statement or omission or alleged omission so made in
conformity with information furnished by the Holder in writing for use in such Registration Statement or prospectus. 

  
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 (b) Indemnification by the Holder. The Holder will indemnify, defend and hold
harmless the Company, its affiliates, and its officers, directors, employees, agents, representatives and each other person, if any, who controls the Company within the meaning of the Securities Act, against any losses, claims, damages or
liabilities, joint or several, to which the Company, its affiliates, and its officers, directors, employees, agents, representatives and each other person, if any, who controls the Holder within the meaning of the Securities Act may become subject
under the Securities Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement or omission or alleged omission of any
material fact contained in the Registration Statement, any prospectus or final prospectus contained in the Registration Statement, or any amendment or supplement thereof, and will reimburse the Company, its affiliates, and each such officer,
director, employee, agent, representative or person who controls the Company within the meaning of the Securities Act, for any legal (but only with respect to one law firm and one local counsel on behalf of all indemnified parties) or other expenses
reasonably incurred by them in connection with investigating or defending any such loss, claim, damage, liability or action, but only if and to the extent that the applicable untrue statement or alleged untrue statement or omission or alleged
omission is contained in any information furnished in writing by or on behalf of the Holder to the Company for inclusion in such Registration Statement or prospectus or amendment or supplement thereto. 

(c) Conduct of Indemnification Proceedings. Any person entitled to indemnification under this Section 8.7
(i) will give prompt notice to the indemnifying party of any claim with respect to which it seeks indemnification under this Section 8.7 and (ii) will permit such indemnifying party to assume the defense of such claim with
counsel reasonably satisfactory to the indemnified party; provided that any person entitled to indemnification under this Section 8.7 will have the right to employ one separate counsel and one local counsel and to participate in
the defense of such claim, and if the indemnifying party has assumed the defense of such claim in accordance with Section 8.7, the fees and expenses of such separate counsel and local counsel will be paid by the indemnified party; and
provided, further, that the failure of any indemnified party to give notice as provided herein will not relieve the indemnifying party of its obligations hereunder, except to the extent that such failure to give notice will materially
adversely affect the indemnifying party in the defense of any such claim or litigation. It is understood that the indemnifying party will not, in connection with any proceeding in the same jurisdiction, be liable for fees or expenses of more than
one separate firm of attorneys employed by the indemnified party at any time. No indemnifying party will, except with the prior written consent of the indemnified party, consent to entry of any judgment or enter into any settlement that 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. No indemnifying party will be liable to any indemnified party under
this Section 8.7 for any settlement by such indemnified party effected without the indemnifying party’s prior written consent, which will not be unreasonably withheld, conditioned or delayed. 

(d) Contribution. If for any reason the indemnification provided for in this Section 8.7 is unavailable to an
indemnified party or insufficient to hold it harmless, other than as expressly specified therein, then the indemnifying party will contribute to the amount paid or payable by the indemnified party as a result of such loss, claim, damage or liability
in such proportion as is appropriate to reflect the relative fault of the indemnified party and the indemnifying party, as well as any other relevant equitable considerations. No person guilty of fraudulent misrepresentation within the meaning of
Section 11(f) of the Securities Act will be entitled to contribution from any person not guilty of such fraudulent misrepresentation. 

  
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 9. Trading Restrictions. The Holder and any Permitted Transferees taken
together may not in any single trading day sell Issued Shares exceeding 10% of the average daily trading volume of the Common Stock on The NASDAQ Global Market for the previous ten trading days. 

10. Fractional Interest. The Company is not required to issue fractions of shares of Common Stock when the Holder exercises
this Warrant. If any fractional share of Common Stock would, except for the provisions of the first sentence of this Section 10, be deliverable upon such exercise, the Company, in lieu of delivering such fractional share of Common Stock,
will pay to the Holder an amount in cash equal to the fair market value of such fractional share on the Issue Date. 
 11.
Notices. Unless otherwise provided herein, any notice required or permitted under this Warrant will be given in writing and will be deemed effectively given (a) at the time of personal delivery, if delivery is in person;
(b) one Business Day after deposit with an express overnight courier for United States deliveries, or three Business Days after deposit with an international express overnight air courier for deliveries outside of the United States, in each
case with proof of delivery from the courier requested; or (c) three Business Days after deposit in the United States mail by certified mail (return receipt requested) for United States deliveries, when addressed to the party to be notified at
the address indicated for such party below, or at such other address as either party may designate by giving ten days’ advance written notice to the other party in accordance with this Section: 

If to the Company: 
 Glu Mobile Inc. 
 45 Fremont Street, Suite 2800 

San Francisco, California 94105 
 Attention: General Counsel 
 Effective November 1, 2013: 

Glu Mobile Inc. 

500 Howard Street, Third Floor 
 San Francisco, California 94105 
 Attention: General Counsel 

If to the Holder: 
 MGM Interactive Inc. 
 245 North Beverly Drive 

Beverly Hills, California 90210-5317 

Attention: General Counsel 
 12. Governing Law. This Warrant will be governed by and construed under the internal laws of the State of California as applied to agreements among California residents entered into and to
be performed entirely within California, without reference to principles of conflict of laws or choice of laws. 
 13.
Attorneys’ Fees. If any party is required to engage the services of any outside attorneys for the purpose of enforcing this Warrant, the prevailing party will be entitled to recover its reasonable expenses and costs in enforcing
this Warrant, including reasonable outside attorneys’ fees. 

  
 -10-

 14. No Third-Party Beneficiaries.
Other than as provided in Section 8.7 above, nothing in this Warrant will be construed to give any person, firm or corporation (other than the Company and the Holder) any legal or equitable right, remedy or claim. The Company and the Holder
agree that this Warrant is for the sole and exclusive benefit of the Company and the Holder. 
 15. No Rights as
Stockholder. Before exercising this Warrant, the Holder will not have or exercise any rights as a stockholder of the Company solely by virtue of its ownership of this Warrant. 

16. Amendment; Waiver. This Warrant may be amended, and any provision of it waived, only by a writing signed by an
authorized representative of both the Company and the Holder. 
 17. Permitted Transferees. This Warrant may not
be transferred or assigned in whole or in part except in compliance with applicable federal and state securities laws by the transferor and the transferee. Subject to the provisions of this Section 17 and upon providing Company with at
least two Business Days’ prior written notice, the Holder may transfer all or part of this Warrant to an entity that is (a) an Affiliate or a successor to the Holder and (b) other than if the transferee or assignee is MGM Holdings
Inc. or a direct or indirect subsidiary thereof, has all rights, licenses, power and authority to license any rights to MGM Properties necessary for the Company to develop and commercially release New Games and/or Bond Titles (each, a
“Permitted Transferee”); provided, however, in connection with any such transfer, the Holder will give the Company notice of the portion of the Warrant being transferred with the name, address and taxpayer
identification number of the Permitted Transferee and the Holder will surrender this Warrant to the Company for reissuance to the Permitted Transferee(s) (and the Holder if applicable); and provided further, that any Permitted Transferee will agree
in writing with the Company to be bound by all of the terms and conditions of this Warrant. All the covenants and provisions hereof by or for the benefit of the Holder will bind and inure to the benefit of its Permitted Transferee(s). Any purported
transfer or assignment in violation of this Section 17 will be null and void. 
 18. Counterparts.
This Warrant may be executed in counterparts, all of which together shall constitute one and the same agreement. 
 19.
Section Headings. The section headings in this Warrant are for the convenience of the Company and the Holder and in no way alter, modify, amend, limit or restrict the provisions hereof. 

20. Severability. If one or more provisions of this Warrant are held to be unenforceable under applicable law, then such
provision(s) will be excluded from this Warrant to the extent they are unenforceable (and the parties will use reasonable efforts to replace such provision(s) with mutually acceptable enforceable provision(s) that accomplish the intended purposes of
the unenforceable provision(s)) and the remainder of the Warrant will be interpreted as if such provision(s) were so excluded and will be enforceable in accordance with its terms. 

21. Entire Agreement. This Warrant constitutes the entire understanding and agreement between the parties and supersedes
all prior or contemporaneous representations, understandings and agreements between the Company and the Holder with respect to the subject matter hereof. No provision of this Warrant will be deemed to alter, amend, replace or inform any provision of
any other agreement between the Company and the Holder, or the parties’ intent with respect thereto, including without limitation any license agreement pursuant to which this Warrant may vest. 

  
 -11-

 IN WITNESS WHEREOF, the parties have executed this Warrant as of the date first
written above. 
 GLU MOBILE INC. 
  

			
	 By:
	 	  /s/ Niccolo M. de Masi

	 Name:
	 	Niccolo M. de Masi
	 Title:
	 	President & Chief Executive Officer

 MGM INTERACTIVE INC. 
  

			
	 By:
	 	  /s/ Scott Packman

	Name:	 	Scott Packman
	Title:	 	Senior Executive Vice President & General Counsel

  
 -12-

 APPENDIX A 

GLU MOBILE INC. 
 WARRANT EXERCISE FORM 
 To Glu Mobile Inc.: 

The undersigned hereby irrevocably elects to exercise the Warrant (“Warrant”) for, and to purchase thereunder by
the payment of the Warrant Price and surrender of the Warrant,                  shares of Common Stock (“Issued Shares”) provided for
therein, and requests that certificates for the Issued Shares be issued as follows: 

                         
                                         
                                         
                                         
                                         
                                         
                            
 Name 

                         
                                         
                                         
                                         
                                         
                                         
                            
 Address 

                         
                                         
                                         
                                         
                                         
                                         
                            
  

	
	
	  

 Federal Tax ID Number 
 and delivered by: 
 [            ]
stock certificate to the above address; 

[            ] (electronically, provide DWAC Instructions:  
                                         
                                         
                                         
                             

 

					
	  
	 	 	; or	  

[            ] other (specify):        
                                         
                                         
                                         
                                         
                                      

			
	  
	 	.

 and, if the number of Issued Shares is
not all of the Warrant Shares purchasable upon exercise of the Warrant, that a new Warrant for the balance of the Warrant Shares purchasable upon exercise of this Warrant be registered in the name of the Holder and delivered to the address stated
below. 
 MGM INTERACTIVE INC. 

			
		
	By:	 	  

		
	Name:	 	  

		
	Title:	 	  

		
	Date:EX-10.47

 Exhibit 10.47 
 EXECUTION 
 AMENDMENT NUMBER TEN 

to the 
 MASTER
REPURCHASE AGREEMENT 
 Dated as of December 9, 2010, 
 among 
 PENNYMAC CORP., PENNYMAC MORTGAGE INVESTMENT TRUST HOLDINGS I, LLC and
PENNYMAC LOAN SERVICES, LLC 
 and 
 CITIBANK, N.A. 
 This AMENDMENT NUMBER TEN (this
“Amendment Number Ten”) is made this 19th
day of April, 2013 among PENNYMAC CORP. and PENNYMAC MORTGAGE INVESTMENT TRUST HOLDINGS I, LLC (each, a “Seller” and jointly and severally, the “Seller” or “Sellers”), PENNYMAC LOAN SERVICES, LLC
(“Servicer”) and CITIBANK, N.A. (“Buyer”), to the Master Repurchase Agreement, dated as of December 9, 2010, among Sellers, Servicer and Buyer, as such agreement may be amended from time to time (the
“Agreement”). Capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Agreement. 
 RECITALS 
 WHEREAS, Sellers and Buyer have agreed to extend the Termination
Date under the Agreement and to provide for the payment of an additional commitment fee for such period, as more specifically set forth herein; and 
 WHEREAS, as of the date hereof, each Seller and Servicer represents to Buyer that the Seller Parties are in full compliance with all of the terms and conditions of the Agreement and each other Program
Document and no Default or Event of Default has occurred and is continuing under the Agreement or any other Program Document. 

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and for the mutual
covenants herein contained, the parties hereto hereby agree as follows: 
 SECTION 1. Amendments. Effective as of
April 19, 2013 (the “Amendment Effective Date”), the Agreement is hereby amended as follows: 
 (a)
Section 2 of the Agreement is hereby amended by adding the new definitions of “2013 Commitment Fee” and “2013 Commitment Fee Installment Amount” in the appropriate alphabetical order to read as follows: 

“2013 Commitment Fee” shall have the meaning assigned to it in the Pricing Side Letter. 

“2013 Commitment Fee Installment Amount” shall have the meaning assigned to it in the Pricing Side
Letter. 
 (b) Section 2 of the Agreement is hereby amended by deleting the definition of “Termination Date” in
its entirety and replacing it with the following: 
 “Termination Date” shall mean June 25,
2013 or such earlier date on which this Agreement shall terminate in accordance with the provisions hereof or by operation of law. 

 (c) Section 4(c) of the Agreement is hereby amended by adding the following language at
the end of such section: 
 “In connection with the extension of the Termination Date from April 19,
2013 to June 25, 2013, Sellers agree to pay to Buyer an additional commitment fee for the period beginning on April 19, 2013 through June 25, 2013, equal to the 2013 Commitment Fee, such payment to be made in Dollars, in immediately
available funds, without deduction, set off or counterclaim, to Buyer in two (2) equal installments, each of which shall be equal to the 2013 Commitment Fee Installment Amount. The first installment of the 2013 Commitment Fee shall be payable
on or prior to April 19, 2013 and the subsequent installment shall be payable on or prior May 15, 2013. Buyer may, in its sole discretion, net any installment of the 2013 Commitment Fee then due and payable from the proceeds of any
Purchase Price paid to any Seller. In the event that the Termination Date is accelerated to a date which is prior to the payment in full of all installments of the 2013 Commitment Fee, any unpaid installments of the 2013 Commitment Fee shall be
payable on the Termination Date. Each installment of the 2013 Commitment Fee is and shall be deemed to be fully earned and non-refundable as of April 19, 2013.” 
 SECTION 2. Fees and Expenses. Sellers agree to pay to Buyer all reasonable out of pocket costs and expenses incurred by Buyer in connection with this Amendment Number Ten (including all
reasonable fees and out of pocket costs and expenses of the Buyer’s legal counsel) in accordance with Sections 23 and 25 of the Agreement. 
 SECTION 3. Representations. Each Seller and Servicer hereby represents to Buyer that as of the date hereof, the Seller Parties are in full compliance with all of the terms and conditions of
the Agreement and each other Program Document and no Default or Event of Default has occurred and is continuing under the Agreement or any other Program Document. 
 SECTION 4. Binding Effect; Governing Law. This Amendment Number Ten shall be binding and inure to the benefit of the parties hereto and their respective successors and permitted assigns. THIS
AMENDMENT NUMBER TEN SHALL BE CONSTRUED IN ACCORDANCE WITH, AND GOVERNED BY, THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO THE CONFLICT OF LAWS PRINCIPLES THEREOF (EXCEPT FOR SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW WHICH
SHALL GOVERN). 
 SECTION 5. Counterparts. This Amendment Number Ten may be executed by each of the parties hereto
on any number of separate counterparts, each of which shall be an original and all of which taken together shall constitute one and the same instrument. 
 SECTION 6. Limited Effect. Except as amended hereby, the Agreement shall continue in full force and effect in accordance with its terms. Reference to this Amendment Number Ten need not be made
in the Agreement or any other instrument or document executed in connection therewith, or in any certificate, letter or communication issued or made pursuant to, or with respect to, the Agreement, any reference in any of such items to the Agreement
being sufficient to refer to the Agreement as amended hereby. 
 [Signature Page Follows] 

 IN WITNESS WHEREOF, Sellers, Servicer and Buyer have caused this Amendment Number Ten to be
executed and delivered by their duly authorized officers as of the Amendment Effective Date. 
  

			
	PENNYMAC CORP.
	(Seller)
		
	By:	 	 /s/ Pamela Marsh

	Name:	 	Pamela Marsh
	Title:	 	Managing Director, Treasurer
	
	PENNYMAC MORTGAGE INVESTMENT TRUST HOLDINGS I, LLC
	(Seller)
		
	By:	 	 /s/ Pamela Marsh

	Name:	 	Pamela Marsh
	Title:	 	Managing Director, Treasurer
	
	PENNYMAC LOAN SERVICES, LLC,
	(Servicer)
		
	By:	 	 /s/ Pamela Marsh

	Name:	 	Pamela Marsh
	Title:	 	Vice President, Treasurer
	
	CITIBANK, N.A.
	(Buyer and Agent, as applicable)
		
	By:	 	 /s/ Susan Mills

	Name:	 	Susan Mills
	Title:	 	Vice President, Citibank, N.A.

  

			
	Acknowledged:
	
	PENNYMAC MORTGAGE INVESTMENT TRUST
		
	By:	 	 /s/ Pamela Marsh

	Name:	 	Pamela Marsh
	Title:	 	Managing Director, Treasurer

 Amendment Number Ten to Master Repurchase Agreement REIT

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