Document:

Exhibit 10.6

   

  INDEMNITY AGREEMENT

   

  THIS INDEMNITY AGREEMENT
    (this "Agreement") is made as of [ ], 2020, by and between CF Acquisition Corp. IV, a Delaware corporation
    (the "Company"), and [ ] ("Indemnitee").

   

  RECITALS

   

  WHEREAS, highly competent persons
    have become more reluctant to serve publicly-held corporations as directors, officers or in other capacities unless they are provided
    with adequate protection through insurance or adequate indemnification against inordinate risks of claims and actions against them
    arising out of their service to and activities on behalf of such corporations;

   

  WHEREAS, the Board of Directors of
    the Company (the "Board") has determined that, in order to attract and retain qualified individuals, the
    Company will attempt to maintain on an ongoing basis, at its sole expense, liability insurance to protect persons serving the Company
    and its subsidiaries from certain liabilities. Although the furnishing of such insurance has been a customary and widespread practice
    among United States-based corporations and other business enterprises, the Company believes that, given current market conditions
    and trends, such insurance may be available to it in the future only at higher premiums and with more exclusions. At the same time,
    directors, officers and other persons in service to corporations or business enterprises are being increasingly subjected to expensive
    and time-consuming litigation relating to, among other things, matters that traditionally would have been brought only against
    the Company or business enterprise itself. The Amended and Restated Certificate of Incorporation (the "Charter")
    and the Bylaws (the "Bylaws") of the Company require indemnification of the officers and directors of the
    Company. Indemnitee may also be entitled to indemnification pursuant to applicable provisions of the Delaware General Corporation
    Law ("DGCL"). The Charter, Bylaws and the DGCL expressly provide that the indemnification provisions set
    forth therein are not exclusive, and thereby contemplate that contracts may be entered into between the Company and members of
    the Board, officers and other persons with respect to indemnification, hold harmless, exoneration, advancement and reimbursement
    rights;

   

  WHEREAS, the uncertainties relating
    to such insurance and to indemnification have increased the difficulty of attracting and retaining such persons;

   

  WHEREAS, the Board has determined
    that the increased difficulty in attracting and retaining such persons is detrimental to the best interests of the Company's stockholders
    and that the Company should act to assure such persons that there will be increased certainty of such protection in the future;

   

  WHEREAS, it is reasonable, prudent
    and necessary for the Company contractually to obligate itself to indemnify, hold harmless, exonerate and to advance expenses on
    behalf of, such persons to the fullest extent permitted by applicable law so that they will serve or continue to serve the Company
    free from undue concern that they will not be so protected against liabilities;

   

  WHEREAS, this Agreement is a supplement
    to and in furtherance of the Charter and Bylaws and any resolutions adopted pursuant thereto, and shall not be deemed a substitute
    therefor, nor to diminish or abrogate any rights of Indemnitee thereunder;

   

  WHEREAS, Indemnitee may not be willing
    to serve as an officer or director, advisor or in another capacity without adequate protection, and the Company desires Indemnitee
    to serve in such capacity. Indemnitee is willing to serve, continue to serve and to take on additional service for or on behalf
    of the Company on the condition that Indemnitee be so indemnified; and

   

  NOW, THEREFORE, in consideration
    of the premises and the covenants contained herein and subject to the provisions of the letter agreement dated as of [ ], 2020,
    the Company and Indemnitee do hereby covenant and agree as follows:

  
    
      

  

   

  TERMS AND CONDITIONS

   

  1. SERVICES TO THE COMPANY. Indemnitee
    will serve or continue to serve as an officer, director, advisor, key employee or any other capacity of the Company, as applicable,
    for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders Indemnitee's resignation or until
    Indemnitee is removed. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee has
    ceased to serve as a director, officer, advisor, key employee or in any other capacity of the Company, as provided in Section 17.
    This Agreement, however, shall not impose any obligation on Indemnitee or the Company to continue Indemnitee's service to the Company
    beyond any period otherwise required by law or by other agreements or commitments of the parties, if any.

   

  2. DEFINITIONS. As used in this Agreement:

   

  (a) References to "agent"
    shall mean any person who is or was a director, officer or employee of the Company or a subsidiary of the Company or other person
    authorized by the Company to act for the Company, to include such person serving in such capacity as a director, officer, employee,
    fiduciary or other official of another corporation, partnership, limited liability company, joint venture, trust or other enterprise
    at the request of, for the convenience of, or to represent the interests of the Company or a subsidiary of the Company.

   

  (b) The terms "Beneficial Owner"
    and "Beneficial Ownership" shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange
    Act (as defined below) as in effect on the date hereof.

   

  (c) A "Change in Control"
    shall be deemed to occur upon the earliest to occur after the date of this Agreement of any of the following events:

   

  (i) Acquisition of Stock by Third Party.
    Other than an affiliate of CFAC Holdings IV, LLC ("CFAC Holdings"), any Person (as defined below)
    is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or
    more of the combined voting power of the Company's then outstanding securities entitled to vote generally in the election of directors,
    unless (1) the change in the relative Beneficial Ownership of the Company's securities by any Person results solely from a reduction
    in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors, or (2) such
    acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a
    Change in Control under part (iii) of this definition;

   

  (ii) Change in Board of Directors.
    Individuals who, as of the date hereof, constitute the Board, and any new director whose election by the Board or nomination for
    election by the Company's stockholders was approved by a vote of at least two thirds of the directors then still in office who
    were directors on the date hereof or whose election for nomination for election was previously so approved (collectively, the "Continuing
        Directors"), cease for any reason to constitute at least a majority of the members of the Board;

   

  (iii) Corporate Transactions. The
    effective date of a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination,
    involving the Company and one or more businesses (a "Business Combination"), in each case, unless, following
    such Business Combination: (1) all or substantially all of the individuals and entities who were the Beneficial Owners of securities
    entitled to vote generally in the election of directors immediately prior to such Business Combination beneficially own, directly
    or indirectly, more than 50% of the combined voting power of the then outstanding securities of the Company entitled to vote generally
    in the election of directors resulting from such Business Combination (including, without limitation, a corporation which as a
    result of such transaction owns the Company or all or substantially all of the Company's assets either directly or through one
    or more Subsidiaries (as defined below)) in substantially the same proportions as their ownership immediately prior to such Business
    Combination, of the securities entitled to vote generally in the election of directors; (2) other than an affiliate of CFAC Holdings,
    no Person (excluding any corporation resulting from such Business Combination) is the Beneficial Owner, directly or indirectly,
    of 15% or more of the combined voting power of the then outstanding securities entitled to vote generally in the election of directors
    of the surviving corporation except to the extent that such ownership existed prior to the Business Combination; and (3) at least
    a majority of the Board of Directors of the corporation resulting from such Business Combination were Continuing Directors at the
    time of the execution of the initial agreement, or of the action of the Board of Directors, providing for such Business Combination;

   

  (iv) Liquidation. The approval by
    the stockholders of the Company of a complete liquidation of the Company or an agreement or series of agreements for the sale or
    disposition by the Company of all or substantially all of the Company's assets, other than factoring the Company's current receivables
    or escrows due (or, if such stockholder approval is not required, the decision by the Board to proceed with such a liquidation,
    sale, or disposition in one transaction or a series of related transactions); or

   

  (v) Other Events. There occurs any
    other event of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A (or any
    successor rule) (or a response to any similar item on any similar schedule or form) promulgated under the Exchange Act (as defined
    below), whether or not the Company is then subject to such reporting requirement.

  
    
      

  

   

  (d) "Corporate Status"
    describes the status of a person who is or was a director, officer, trustee, general partner, manager, managing member, fiduciary,
    employee or agent of the Company or of any other Enterprise (as defined below) which such person is or was serving at the request
    of the Company.

   

  (e) "Delaware Court"
    shall mean the Court of Chancery of the State of Delaware, or, in the event that such court lacks jurisdiction, the state courts
    in the State of Delaware.

   

  (f) "Disinterested Director"
    shall mean a director of the Company who is not and was not a party to the Proceeding (as defined below) in respect of which indemnification
    is sought by Indemnitee.

   

  (g) "Enterprise" shall
    mean the Company and any other corporation, constituent corporation (including any constituent of a constituent) absorbed in a
    consolidation or merger to which the Company (or any of its wholly owned subsidiaries) is a party, limited liability company, partnership,
    joint venture, trust, employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company
    as a director, officer, trustee, general partner, managing member, fiduciary, employee or agent.

   

  (h) "Exchange Act"
    shall mean the Securities Exchange Act of 1934, as amended.

   

  (i) "Expenses" shall
    include all direct and indirect costs, fees and expenses actually and reasonably incurred by the Indemnitee in connection with
    a Proceeding (as defined below), including reasonable compensation for time spent by Indemnitee for which he or she is not otherwise
    compensated by the Company or any third party. Expenses also shall include Expenses incurred in connection with any appeal resulting
    from any Proceeding (as defined below), including without limitation the principal, premium, security for, and other costs relating
    to any cost bond, supersedeas bond, or other appeal bond or its equivalent. "Expenses," however, shall not include amounts
    paid in settlement by Indemnitee or the amount of judgments or fines against Indemnitee.

   

  (j) References to "fines"
    shall include any excise tax assessed on Indemnitee with respect to any employee benefit plan.

   

  (k) "Independent Counsel"
    shall mean a law firm or a member of a law firm with significant experience in matters of corporation law and that neither presently
    is, nor in the past five years has been, retained to represent: (i) the Company or Indemnitee in any matter material to either
    such party (other than with respect to matters concerning Indemnitee under this Agreement, or of other indemnitees under similar
    indemnification agreements); or (ii) any other party to the Proceeding (as defined below) giving rise to a claim for indemnification
    hereunder. Notwithstanding the foregoing, the term "Independent Counsel" shall not include any person who, under the
    applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the Company
    or Indemnitee in an action to determine Indemnitee's rights under this Agreement.

   

  (l) The term "Person"
    shall have the meaning as set forth in Sections 13(d) and 14(d) of the Exchange Act as in effect on the date hereof; provided,
    however, that "Person" shall exclude: (i) the Company; (ii) any Subsidiaries (as defined below) of the Company; (iii)
    any employment benefit plan of the Company or of a Subsidiary (as defined below) of the Company or of any corporation owned, directly
    or indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of stock of the Company;
    and (iv) any trustee or other fiduciary holding securities under an employee benefit plan of the Company or of a Subsidiary of
    the Company or of a corporation owned directly or indirectly by the stockholders of the Company in substantially the same proportions
    as their ownership of stock of the Company.

   

  (m) The term "Proceeding"
    shall include any threatened, pending or completed action, suit, arbitration, mediation, alternate dispute resolution mechanism,
    investigation, inquiry, administrative hearing or any other actual, threatened or completed proceeding, whether brought in the
    right of the Company or otherwise and whether of a civil (including intentional or unintentional tort claims), criminal, administrative
    or investigative or related nature, in which Indemnitee was, is, will or might be involved as a party or otherwise by reason of
    the fact that Indemnitee is or was a director or officer of the Company, by reason of any action (or failure to act) taken by Indemnitee
    or of any action (or failure to act) on Indemnitee's part while acting as a director or officer of the Company, or by reason of
    the fact that Indemnitee is or was serving at the request of the Company as a director, officer, trustee, general partner, managing
    member, fiduciary, employee or agent of any other Enterprise, in each case whether or not serving in such capacity at the time
    any liability or expense is incurred for which indemnification, reimbursement, or advancement of expenses can be provided under
    this Agreement.

  
    
      

  

   

  (n) References to "serving at the
      request of the Company" shall include any service as a director, officer, employee, agent or fiduciary of the Company
    which imposes duties on, or involves services by, such director, officer, employee, agent or fiduciary with respect to an employee
    benefit plan, its participants or beneficiaries; and if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed
    to be in the best interests of the participants and beneficiaries of an employee benefit plan, Indemnitee shall be deemed to have
    acted in a manner "not opposed to the best interests of the Company" as referred to in this Agreement

   

  (o) The term "Subsidiary,"
    with respect to any Person, shall mean any corporation, limited liability company, partnership, joint venture, trust or other entity
    of which a majority of the voting power of the voting equity securities or equity interest is owned, directly or indirectly, by
    that Person.

   

  3. INDEMNITY IN THIRD-PARTY PROCEEDINGS.
    To the fullest extent permitted by applicable law, the Company shall indemnify, hold harmless and exonerate Indemnitee in accordance
    with the provisions of this Section 3 if Indemnitee was, is, or is threatened to be made, a party to or a participant (as a witness,
    deponent or otherwise) in any Proceeding, other than a Proceeding by or in the right of the Company to procure a judgment in its
    favor by reason of Indemnitee's Corporate Status. Pursuant to this Section 3, Indemnitee shall be indemnified, held harmless and
    exonerated against all Expenses, judgments, liabilities, fines, penalties and amounts paid in settlement (including all interest,
    assessments and other charges paid or payable in connection with or in respect of such Expenses, judgments, liabilities, fines,
    penalties and amounts paid in settlement) actually, and reasonably incurred by Indemnitee or on Indemnitee's behalf in connection
    with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good faith and in a manner he or she reasonably
    believed to be in or not opposed to the best interests of the Company and, in the case of a criminal Proceeding, had no reasonable
    cause to believe that Indemnitee's conduct was unlawful.

   

  4. INDEMNITY IN PROCEEDINGS BY OR IN
      THE RIGHT OF THE COMPANY. To the fullest extent permitted by applicable law, the Company shall indemnify, hold harmless and
    exonerate Indemnitee in accordance with the provisions of this Section 4 if Indemnitee was, is, or is threatened to be made, a
    party to or a participant (as a witness, deponent or otherwise) in any Proceeding by or in the right of the Company to procure
    a judgment in its favor by reason of Indemnitee's Corporate Status. Pursuant to this Section 4, Indemnitee shall be indemnified,
    held harmless and exonerated against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee's behalf in connection
    with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good faith and in a manner Indemnitee reasonably
    believed to be in or not opposed to the best interests of the Company. No indemnification, hold harmless or exoneration for Expenses
    shall be made under this Section 4 in respect of any claim, issue or matter as to which Indemnitee shall have been finally adjudged
    by a court to be liable to the Company, unless and only to the extent that any court in which the Proceeding was brought or the
    Delaware Court shall determine upon application that, despite the adjudication of liability but in view of all the circumstances
    of the case, Indemnitee is fairly and reasonably entitled to indemnification, to be held harmless or to exoneration.

   

  5. INDEMNIFICATION FOR EXPENSES OF A
      PARTY WHO IS WHOLLY OR PARTLY SUCCESSFUL. Notwithstanding any other provisions of this Agreement except for Section 27, to
    the extent that Indemnitee was or is, by reason of Indemnitee's Corporate Status, a party to (or a participant in) and is successful,
    on the merits or otherwise, in any Proceeding or in defense of any claim, issue or matter therein, in whole or in part, the Company
    shall, to the fullest extent permitted by applicable law, indemnify, hold harmless and exonerate Indemnitee against all Expenses
    actually and reasonably incurred by Indemnitee in connection therewith. If Indemnitee is not wholly successful in such Proceeding
    but is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding,
    the Company shall, to the fullest extent permitted by applicable law, indemnify, hold harmless and exonerate Indemnitee against
    all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee's behalf in connection with each successfully resolved
    claim, issue or matter. If Indemnitee is not wholly successful in such Proceeding, the Company also shall, to the fullest extent
    permitted by applicable law, indemnify, hold harmless and exonerate Indemnitee against all Expenses reasonably incurred in connection
    with a claim, issue or matter related to any claim, issue, or matter on which Indemnitee was successful. For purposes of this Section
    and without limitation, the termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice,
    shall be deemed to be a successful result as to such claim, issue or matter.

   

  6. INDEMNIFICATION FOR EXPENSES OF A
      WITNESS. Notwithstanding any other provision of this Agreement except for Section 27, to the extent that Indemnitee is, by
    reason of Indemnitee's Corporate Status, a witness or deponent in any Proceeding to which Indemnitee was or is not a party or threatened
    to be made a party, Indemnitee shall, to the fullest extent permitted by applicable law, be indemnified, held harmless and exonerated
    against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee's behalf in connection therewith.

  
    
      

  

   

  7. ADDITIONAL INDEMNIFICATION, HOLD HARMLESS
      AND EXONERATION RIGHTS. Notwithstanding any limitation in Sections 3, 4, or 5 and except for Section 27, the Company shall,
    to the fullest extent permitted by applicable law, indemnify, hold harmless and exonerate Indemnitee if Indemnitee is a party to
    or threatened to be made a party to any Proceeding (including a Proceeding by or in the right of the Company to procure a judgment
    in its favor) against all Expenses, judgments, liabilities, fines, penalties and amounts paid in settlement (including all interest,
    assessments and other charges paid or payable in connection with or in respect of such Expenses, judgments, liabilities, fines,
    penalties and amounts paid in settlement) actually and reasonably incurred by Indemnitee in connection with the Proceeding. No
    indemnification, hold harmless or exoneration rights shall be available under this Section 7 on account of Indemnitee's conduct
    which constitutes a breach of Indemnitee's duty of loyalty to the Company or its stockholders or is an act or omission not in good
    faith or which involves intentional misconduct or a knowing violation of the law.

   

  8. CONTRIBUTION IN THE EVENT OF JOINT
      LIABILITY.

   

  (a) To the fullest extent permissible under
    applicable law, if the indemnification, hold harmless and/or exoneration rights provided for in this Agreement are unavailable
    to Indemnitee in whole or in part for any reason whatsoever, the Company, in lieu of indemnifying, holding harmless or exonerating
    Indemnitee, and subject to the limitations for indemnifying, holding harmless or exonerating Indemnitee set forth herein, shall
    pay, in the first instance, the entire amount incurred by Indemnitee, whether for judgments, liabilities, fines, penalties, amounts
    paid or to be paid in settlement and/or for Expenses, in connection with any Proceeding without requiring Indemnitee to contribute
    to such payment, and the Company hereby waives and relinquishes any right of contribution it may have at any time against Indemnitee.

   

  (b) The Company shall not enter into any settlement
    of any Proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such Proceeding) unless such
    settlement (1) includes an express and unconditional release of the Indemnitee, in form and substance reasonably satisfactory to
    the Indemnitee, from all liability arising out of such Proceeding and (2) does not include a statement as to or an admission of
    fault, culpability or a failure to act by or on behalf of the Indemnitee.

   

  (c) The Company hereby agrees to fully indemnify,
    hold harmless and exonerate Indemnitee from any claims for contribution which may be brought by officers, directors or employees
    of the Company other than Indemnitee who may be jointly liable with Indemnitee.

   

  9. EXCLUSIONS. Notwithstanding any
    provision in this Agreement, the Company shall not be obligated under this Agreement to make any indemnification, advance expenses,
    hold harmless or exoneration payment in connection with any claim made against Indemnitee:

   

  (a) for which payment has actually been received
    by or on behalf of Indemnitee under any insurance policy or other indemnity or advancement provision, except with respect to any
    excess beyond the amount actually received under any insurance policy, contract, agreement, other indemnity or advancement provision
    or otherwise;

   

  (b) for an accounting of profits made from
    the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company within the meaning of Section 16(b) of
    the Exchange Act (or any successor rule) or similar provisions of state statutory law or common law; or

   

  (c) except as otherwise provided in Sections
    14(f) hereof, prior to a Change in Control, in connection with any Proceeding (or any part of any Proceeding) initiated by Indemnitee,
    including any Proceeding (or any part of any Proceeding) initiated by Indemnitee against the Company or its directors, officers,
    employees or other indemnitees, unless (i) the Board authorized the Proceeding (or any part of any Proceeding) prior to its initiation
    or (ii) the Company provides the indemnification, hold harmless or exoneration payment, in its sole discretion, pursuant to the
    powers vested in the Company under applicable law. Indemnitee shall seek payments or advances from the Company only to the extent
    that such payments or advances are unavailable from any insurance policy of the Company covering Indemnitee.

  
    
      

  

   

  10. ADVANCES OF EXPENSES; DEFENSE OF
      CLAIM.

   

  (a) Notwithstanding any provision of this
    Agreement to the contrary, except for Section 27, and to the fullest extent not prohibited by applicable law, the Company shall
    pay the Expenses incurred by Indemnitee (or reasonably expected by Indemnitee to be incurred by Indemnitee within three months)
    in connection with any Proceeding within ten (10) days after the receipt by the Company of a statement or statements requesting
    such advances from time to time, prior to the final disposition of any Proceeding. Advances shall, to the fullest extent permitted
    by law, be unsecured and interest free. Advances shall, to the fullest extent permitted by law, be made without regard to Indemnitee's
    ability to repay the Expenses and without regard to Indemnitee's ultimate entitlement to be indemnified, held harmless or exonerated
    under the other provisions of this Agreement. Advances shall include any and all reasonable Expenses incurred pursuing a Proceeding
    to enforce this right of advancement, including Expenses incurred preparing and forwarding statements to the Company to support
    the advances claimed. To the fullest extent required by applicable law, such payments of Expenses in advance of the final disposition
    of the Proceeding shall be made only upon the Company's receipt of an undertaking, by or on behalf of Indemnitee, to repay the
    advanced amounts to the extent that it is ultimately determined that Indemnitee is not entitled to be indemnified, held harmless
    or exonerated by the Company under the provisions of this Agreement, the Charter, the Bylaws, applicable law or otherwise. This
    Section 10(a) shall not apply to any claim made by Indemnitee for which an indemnification, hold harmless or exoneration payment
    is excluded pursuant to Section 9.

   

  (b) The Company will be entitled to participate
    in the Proceeding at its own expense.

   

  (c) The Company shall not settle any action,
    claim or Proceeding (in whole or in part) which would impose any Expense, judgment, liability, fine, penalty or limitation on Indemnitee
    without Indemnitee's prior written consent.

   

  11. PROCEDURE FOR NOTIFICATION AND APPLICATION
      FOR INDEMNIFICATION.

   

  (a) Indemnitee agrees to notify promptly the
    Company in writing upon being served with any summons, citation, subpoena, complaint, indictment, information or other document
    relating to any Proceeding, claim, issue or matter therein which may be subject to indemnification, hold harmless or exoneration
    rights, or advancement of Expenses covered hereunder. The failure of Indemnitee to so notify the Company shall not relieve the
    Company of any obligation which it may have to Indemnitee under this Agreement, or otherwise.

   

  (b) Indemnitee may deliver to the Company
    a written application to indemnify, hold harmless or exonerate Indemnitee in accordance with this Agreement. Such application(s)
    may be delivered from time to time and at such time(s) as Indemnitee deems appropriate in his or her sole discretion. Following
    such a written application for indemnification by Indemnitee, Indemnitee's entitlement to indemnification shall be determined according
    to Section 12(a) of this Agreement.

   

  12. PROCEDURE UPON APPLICATION FOR INDEMNIFICATION.

   

  (a) A determination, if required by applicable
    law, with respect to Indemnitee's entitlement to indemnification shall be made in the specific case by one of the following methods,
    which shall be at the election of Indemnitee: (i) by a majority vote of the Disinterested Directors, even though less than a quorum
    of the Board, (ii) by a committee of such directors designated by majority vote of such directors, even though less than a quorum,
    (iii) if there are no Disinterested Directors or if such directors so direct, by Independent Counsel in a written opinion to the
    Board, a copy of which shall be delivered to Indemnitee, or (iv) by vote of the stockholders. The Company promptly will advise
    Indemnitee in writing with respect to any determination that Indemnitee is or is not entitled to indemnification, including a description
    of any reason or basis for which indemnification has been denied. If it is so determined that Indemnitee is entitled to indemnification,
    payment to Indemnitee shall be made within ten (10) days after such determination. Indemnitee shall reasonably cooperate with the
    person, persons or entity making such determination with respect to Indemnitee's entitlement to indemnification, including providing
    to such person, persons or entity upon reasonable advance request any documentation or information which is not privileged or otherwise
    protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary to such determination. Any costs
    or Expenses incurred by Indemnitee in so cooperating with the person, persons or entity making such determination shall be borne
    by the Company (irrespective of the determination as to Indemnitee's entitlement to indemnification) and the Company hereby agrees
    to indemnify and to hold Indemnitee harmless therefrom.

  
    
      

  

   

  (b) In the event the determination of entitlement
    to indemnification is to be made by Independent Counsel pursuant to Section 12(a) hereof, the Independent Counsel shall be selected
    as provided in this Section 12(b). The Independent Counsel shall be selected by Indemnitee (unless Indemnitee shall request that
    such selection be made by the Board), and Indemnitee shall give written notice to the Company advising it of the identity of the
    Independent Counsel so selected and certifying that the Independent Counsel so selected meets the requirements of "Independent
    Counsel" as defined in Section 2 of this Agreement. If the Independent Counsel is selected by the Board, the Company shall
    give written notice to Indemnitee advising Indemnitee of the identity of the Independent Counsel so selected and certifying that
    the Independent Counsel so selected meets the requirements of "Independent Counsel" as defined in Section 2 of this Agreement.
    In either event, Indemnitee or the Company, as the case may be, may, within ten (10) days after such written notice of selection
    shall have been received, deliver to the Company or to Indemnitee, as the case may be, a written objection to such selection; provided,
    however, that such objection may be asserted only on the ground that the Independent Counsel so selected does not meet the requirements
    of "Independent Counsel" as defined in Section 2 of this Agreement, and the objection shall set forth with particularity
    the factual basis of such assertion. Absent a proper and timely objection, the person so selected shall act as Independent Counsel.
    If such written objection is so made and substantiated, the Independent Counsel so selected may not serve as Independent Counsel
    unless and until such objection is withdrawn or a court of competent jurisdiction has determined that such objection is without
    merit. If, within twenty (20) days after submission by Indemnitee of a written request for indemnification pursuant to Section
    11(b) hereof, no Independent Counsel shall have been selected and not objected to, either the Company or Indemnitee may petition
    the Delaware Court for resolution of any objection which shall have been made by the Company or Indemnitee to the other's selection
    of Independent Counsel and/or for the appointment as Independent Counsel of a person selected by the Delaware Court, and the person
    with respect to whom all objections are so resolved or the person so appointed shall act as Independent Counsel under Section 12(a)
    hereof. Upon the due commencement of any judicial proceeding pursuant to Section 14(a) of this Agreement, Independent Counsel shall
    be discharged and relieved of any further responsibility in such capacity (subject to the applicable standards of professional
    conduct then prevailing).

   

  (c) The Company agrees to pay the reasonable
    fees and expenses of Independent Counsel and to fully indemnify and hold harmless such Independent Counsel against any and all
    Expenses, claims, liabilities and damages arising out of or relating to this Agreement or its engagement pursuant hereto.

   

  13. PRESUMPTIONS AND EFFECT OF CERTAIN
      PROCEEDINGS.

   

  (a) In making a determination with respect
    to entitlement to indemnification hereunder, the person, persons or entity making such determination shall presume that Indemnitee
    is entitled to indemnification under this Agreement if Indemnitee has submitted a request for indemnification in accordance with
    Section 11(b) of this Agreement, and the Company shall have the burden of proof to overcome that presumption in connection with
    the making by any person, persons or entity of any determination contrary to that presumption. Neither the failure of the Company
    (including by the Disinterested Directors or Independent Counsel) to have made a determination prior to the commencement of any
    action pursuant to this Agreement that indemnification is proper in the circumstances because Indemnitee has met the applicable
    standard of conduct, nor an actual determination by the Company (including by the Disinterested Directors or Independent Counsel)
    that Indemnitee has not met such applicable standard of conduct, shall be a defense to the action or create a presumption that
    Indemnitee has not met the applicable standard of conduct.

   

  (b) If the person, persons or entity empowered
    or selected under Section 12 of this Agreement to determine whether Indemnitee is entitled to indemnification shall not have made
    a determination within thirty (30) days after receipt by the Company of the request therefor, the requisite determination of entitlement
    to indemnification shall, to the fullest extent permitted by law, be deemed to have been made and Indemnitee shall be entitled
    to such indemnification, absent (i) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary
    to make Indemnitee's statement not materially misleading, in connection with the request for indemnification, or (ii) a final judicial
    determination that any or all such indemnification is expressly prohibited under applicable law; provided, however, that such 30-day
    period may be extended for a reasonable time, not to exceed an additional fifteen (15) days, if the person, persons or entity making
    the determination with respect to entitlement to indemnification in good faith requires such additional time for the obtaining
    or evaluating of documentation and/or information relating thereto.

   

  (c) The termination of any Proceeding or of
    any claim, issue or matter therein, by judgment, order, settlement or conviction, or upon a plea of nolo contendere or its equivalent,
    shall not (except as otherwise expressly provided in this Agreement) of itself adversely affect the right of Indemnitee to indemnification
    or create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in
    or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, that Indemnitee had reasonable
    cause to believe that Indemnitee's conduct was unlawful.

  
    
      

  

   

  (d) For purposes of any determination of good
    faith, Indemnitee shall be deemed to have acted in good faith if Indemnitee's action is based on the records or books of account
    of the Enterprise, including financial statements, or on information supplied to Indemnitee by the directors, manager, or officers
    of the Enterprise in the course of their duties, or on the advice of legal counsel for the Enterprise, its Board, any committee
    of the Board or any director, trustee, general partner, manager or managing member, or on information or records given or reports
    made to the Enterprise, its Board, any committee of the Board or any director, trustee, general partner, manager or managing member,
    by an independent certified public accountant or by an appraiser or other expert selected by the Enterprise, its Board, any committee
    of the Board or any director, trustee, general partner, manager or managing member. The provisions of this Section 13(d) shall
    not be deemed to be exclusive or to limit in any way the other circumstances in which Indemnitee may be deemed or found to have
    met the applicable standard of conduct set forth in this Agreement.

   

  (e) The knowledge and/or actions, or failure
    to act, of any other director, officer, trustee, partner, manager, managing member, fiduciary, agent or employee of the Enterprise
    shall not be imputed to Indemnitee for purposes of determining the right to indemnification under this Agreement.

   

  14. REMEDIES OF INDEMNITEE.

   

  (a) In the event that (i) a determination
    is made pursuant to Section 12 of this Agreement that Indemnitee is not entitled to indemnification under this Agreement, (ii)
    advancement of Expenses, to the fullest extent permitted by applicable law, is not timely made pursuant to Section 10 of this Agreement,
    (iii) no determination of entitlement to indemnification shall have been made pursuant to Section 12(a) of this Agreement within
    thirty (30) days after receipt by the Company of the request for indemnification, (iv) payment of indemnification is not made pursuant
    to Section 5, 6, 7 or the last sentence of Section 12(a) of this Agreement within ten (10) days after receipt by the Company of
    a written request therefor, (v) a contribution payment is not made in a timely manner pursuant to Section 8 of this Agreement,
    (vi) payment of indemnification pursuant to Section 3 or 4 of this Agreement is not made within ten (10) days after a determination
    has been made that Indemnitee is entitled to indemnification, or (vii) payment to Indemnitee pursuant to any hold harmless or exoneration
    rights under this Agreement or otherwise is not made in accordance with this Agreement, Indemnitee shall be entitled to an adjudication
    by the Delaware Court to such indemnification, hold harmless, exoneration, contribution or advancement rights.

   

  (b) In the event that a determination shall
    have been made pursuant to Section 12(a) of this Agreement that Indemnitee is not entitled to indemnification, any judicial proceeding
    commenced pursuant to this Section 14 shall be conducted in all respects as a de novo trial on the merits and Indemnitee shall
    not be prejudiced by reason of that adverse determination.

   

  (c) In any judicial proceeding commenced pursuant
    to this Section 14, Indemnitee shall be presumed to be entitled to be indemnified, held harmless, and exonerated and to receive
    advancement of Expenses under this Agreement and the Company shall have the burden of proving Indemnitee is not entitled to be
    indemnified, held harmless, and exonerated and to receive advancement of Expenses, as the case may be, and the Company may not
    refer to or introduce into evidence any determination pursuant to Section 12(a) of this Agreement adverse to Indemnitee for any
    purpose. If Indemnitee commences a judicial proceeding pursuant to this Section 14, Indemnitee shall not be required to reimburse
    the Company for any advances pursuant to Section 10 until a final determination is made with respect to Indemnitee's entitlement
    to indemnification (as to which all rights of appeal have been exhausted or lapsed).

   

  (d) If a determination shall have been made
    pursuant to Section 12(a) of this Agreement that Indemnitee is entitled to indemnification, the Company shall be bound by such
    determination in any judicial proceeding commenced pursuant to this Section 14, absent (i) a misstatement by Indemnitee of a material
    fact, or an omission of a material fact necessary to make Indemnitee's statement not materially misleading, in connection with
    the request for indemnification, or (ii) a prohibition of such indemnification under applicable law.

   

  (e) The Company shall be precluded from asserting
    in any judicial proceeding commenced pursuant to this Section 14 that the procedures and presumptions of this Agreement are not
    valid, binding and enforceable and shall stipulate in any such court that the Company is bound by all the provisions of this Agreement.

  
    
      

  

   

  (f) The Company shall indemnify and hold harmless
    Indemnitee to the fullest extent permitted by law against all Expenses and, if requested by Indemnitee, shall (within ten (10)
    days after the Company's receipt of such written request) pay to Indemnitee, to the fullest extent permitted by applicable law,
    such Expenses which are incurred by Indemnitee in connection with any judicial proceeding brought by Indemnitee: (i) to enforce
    his or her rights under, or to recover damages for breach of, this Agreement or any other indemnification, hold harmless, exoneration,
    advancement or contribution agreement or provision of the Charter, or the Bylaws now or hereafter in effect; or (ii) for recovery
    or advances under any insurance policy maintained by any person for the benefit of Indemnitee, regardless of the outcome and whether
    Indemnitee ultimately is determined to be entitled to such indemnification, hold harmless or exoneration right, advancement, contribution
    or insurance recovery, as the case may be (unless such judicial proceeding was not brought by Indemnitee in good faith).

   

  15. SECURITY. Notwithstanding anything
    herein to the contrary, except for Section 27, to the extent requested by Indemnitee and approved by the Board, the Company may
    at any time and from time to time provide security to Indemnitee for the Company's obligations hereunder through an irrevocable
    bank line of credit, funded trust or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released
    without the prior written consent of Indemnitee.

   

  16. NON-EXCLUSIVITY; SURVIVAL OF RIGHTS;
      INSURANCE; SUBROGATION.

   

  (a) The rights of Indemnitee as provided by
    this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may at any time be entitled under applicable
    law, the Charter, the Bylaws, any agreement, a vote of stockholders or a resolution of directors, or otherwise. No amendment, alteration
    or repeal of this Agreement or of any provision hereof shall limit or restrict any right of Indemnitee under this Agreement in
    respect of any Proceeding (regardless of when such Proceeding is first threatened, commenced or completed) or claim, issue or matter
    therein arising out of, or related to, any action taken or omitted by such Indemnitee in Indemnitee's Corporate Status prior to
    such amendment, alteration or repeal. To the extent that a change in applicable law, whether by statute or judicial decision, permits
    greater indemnification, hold harmless or exoneration rights or advancement of Expenses than would be afforded currently under
    the Charter, the Bylaws or this Agreement, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement
    the greater benefits so afforded by such change. No right or remedy herein conferred is intended to be exclusive of any other right
    or remedy, and every other right and remedy shall be cumulative and in addition to every other right and remedy given hereunder
    or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or
    otherwise, shall not prevent the concurrent assertion or employment of any other right or remedy.

   

  (b) The DGCL, the Charter and the Bylaws permit
    the Company to purchase and maintain insurance or furnish similar protection or make other arrangements including, but not limited
    to, providing a trust fund, letter of credit, or surety bond ("Indemnification Arrangements") on behalf
    of Indemnitee against any liability asserted against Indemnitee or incurred by or on behalf of Indemnitee or in such capacity as
    a director, officer, employee or agent of the Company, or arising out of Indemnitee's status as such, whether or not the Company
    would have the power to indemnify Indemnitee against such liability under the provisions of this Agreement or under the DGCL, as
    it may then be in effect. The purchase, establishment, and maintenance of any such Indemnification Arrangement shall not in any
    way limit or affect the rights and obligations of the Company or of Indemnitee under this Agreement except as expressly provided
    herein, and the execution and delivery of this Agreement by the Company and Indemnitee shall not in any way limit or affect the
    rights and obligations of the Company or the other party or parties thereto under any such Indemnification Arrangement.

   

  (c) To the extent that the Company maintains
    an insurance policy or policies providing liability insurance for directors, officers, trustees, partners, managers, managing members,
    fiduciaries, employees, or agents of the Company or of any other Enterprise which such person serves at the request of the Company,
    Indemnitee shall be covered by such policy or policies in accordance with its or their terms to the maximum extent of the coverage
    available for any such director, officer, trustee, partner, managers, managing member, fiduciary, employee or agent under such
    policy or policies. If, at the time the Company receives notice from any source of a Proceeding as to which Indemnitee is a party
    or a participant (as a witness, deponent or otherwise), the Company has director and officer liability insurance in effect, the
    Company shall give prompt notice of such Proceeding to the insurers in accordance with the procedures set forth in the respective
    policies. The Company shall thereafter take all commercially reasonable action to cause such insurers to pay, on behalf of Indemnitee,
    all amounts payable as a result of such Proceeding in accordance with the terms of such policies.

  
    
      

  

   

  (d) In the event of any payment under this
    Agreement, the Company, to the fullest extent permitted by law, shall be subrogated to the extent of such payment to all of the
    rights of recovery of Indemnitee, who shall execute all papers required and take all action necessary to secure such rights, including
    execution of such documents as are necessary to enable the Company to bring suit to enforce such rights.

   

  (e) The Company's obligation to indemnify,
    hold harmless, exonerate or advance Expenses hereunder to Indemnitee who is or was serving at the request of the Company as a director,
    officer, trustee, partner, manager, managing member, fiduciary, employee or agent of any other Enterprise shall be reduced by any
    amount Indemnitee has actually received as indemnification, hold harmless or exoneration payments or advancement of expenses from
    such Enterprise. Notwithstanding any other provision of this Agreement to the contrary except for Section 27, (i) Indemnitee shall
    have no obligation to reduce, offset, allocate, pursue or apportion any indemnification, hold harmless, exoneration, advancement,
    contribution or insurance coverage among multiple parties possessing such duties to Indemnitee prior to the Company's satisfaction
    and performance of all its obligations under this Agreement, and (ii) the Company shall perform fully its obligations under this
    Agreement without regard to whether Indemnitee holds, may pursue or has pursued any indemnification, advancement, hold harmless,
    exoneration, contribution or insurance coverage rights against any person or entity other than the Company.

   

  17. DURATION OF AGREEMENT. All agreements
    and obligations of the Company contained herein shall continue during the period Indemnitee serves as a director or officer of
    the Company or as a director, officer, trustee, partner, manager, managing member, fiduciary, employee or agent of any other corporation,
    partnership, joint venture, trust, employee benefit plan or other Enterprise which Indemnitee serves at the request of the Company
    and shall continue thereafter so long as Indemnitee shall be subject to any possible Proceeding (including any rights of appeal
    thereto and any Proceeding commenced by Indemnitee pursuant to Section 14 of this Agreement) by reason of Indemnitee's Corporate
    Status, whether or not Indemnitee is acting in any such capacity at the time any liability or expense is incurred for which indemnification
    or advancement can be provided under this Agreement.

   

  18. SEVERABILITY. If any provision
    or provisions of this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever: (a) the validity,
    legality and enforceability of the remaining provisions of this Agreement (including, without limitation, each portion of any Section,
    paragraph or sentence of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not
    itself invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby and shall remain enforceable to
    the fullest extent permitted by law; (b) such provision or provisions shall be deemed reformed to the extent necessary to conform
    to applicable law and to give the maximum effect to the intent of the parties hereto; and (c) to the fullest extent possible, the
    provisions of this Agreement (including, without limitation, each portion of any Section, paragraph or sentence of this Agreement
    containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid, illegal or unenforceable)
    shall be construed so as to give effect to the intent manifested thereby.

   

  19. ENFORCEMENT AND BINDING EFFECT.

   

  (a) The Company expressly confirms and agrees
    that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve
    as a director, officer or key employee of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement
    in serving as a director, officer or key employee of the Company.

   

  (b) Without limiting any of the rights of
    Indemnitee under the Charter or Bylaws as they may be amended from time to time, this Agreement constitutes the entire agreement
    between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, oral,
    written and implied, between the parties hereto with respect to the subject matter hereof.

   

  (c) The indemnification, hold harmless, exoneration
    and advancement of expenses rights provided by or granted pursuant to this Agreement shall be binding upon and be enforceable by
    the parties hereto and their respective successors and assigns (including any direct or indirect successor by purchase, merger,
    consolidation or otherwise to all or substantially all of the business and/or assets of the Company), shall continue as to an Indemnitee
    who has ceased to be a director, officer, employee or agent of the Company or a director, officer, trustee, general partner, manager,
    managing member, fiduciary, employee or agent of any other Enterprise at the Company's request, and shall inure to the benefit
    of Indemnitee and Indemnitee's spouse, assigns, heirs, devisees, executors and administrators and other legal representatives.

  
    
      

  

   

  (d) The Company shall require and cause any
    successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all, substantially all or a substantial
    part, of the business and/or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly
    to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform
    if no such succession had taken place.

   

  (e) The Company and Indemnitee agree herein
    that a monetary remedy for breach of this Agreement, at some later date, may be inadequate, impracticable and difficult of proof,
    and further agree that such breach may cause Indemnitee irreparable harm. Accordingly, the parties hereto agree that Indemnitee
    may, to the fullest extent permitted by law, enforce this Agreement by seeking, among other things, injunctive relief and/or specific
    performance hereof, without any necessity of showing actual damage or irreparable harm and that by seeking injunctive relief and/or
    specific performance, Indemnitee shall not be precluded from seeking or obtaining any other relief to which Indemnitee may be entitled.
    The Company and Indemnitee further agree that Indemnitee shall, to the fullest extent permitted by law, be entitled to such specific
    performance and injunctive relief, including temporary restraining orders, preliminary injunctions and permanent injunctions, without
    the necessity of posting bonds or other undertaking in connection therewith. The Company acknowledges that in the absence of a
    waiver, a bond or undertaking may be required of Indemnitee by a court of competent jurisdiction. The Company hereby waives any
    such requirement of such a bond or undertaking to the fullest extent permitted by law.

   

  20. MODIFICATION AND WAIVER. No supplement,
    modification or amendment of this Agreement shall be binding unless executed in writing by the Company and Indemnitee. No waiver
    of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions of this Agreement
    nor shall any waiver constitute a continuing waiver.

   

  21. NOTICES. All notices, requests,
    demands and other communications under this Agreement shall be in writing and shall be deemed to have been duly given (i) if delivered
    by hand and receipted for by the party to whom said notice or other communication shall have been directed, or (ii) mailed by certified
    or registered mail with postage prepaid, on the third (3rd) business day after the date on which it is so mailed:

   

  (a) If to Indemnitee, at the address indicated
    on the signature page of this Agreement, or such other address as Indemnitee shall provide in writing to the Company.

   

  (b) If to the Company, to:

   

  CF Acquisition Corp. IV

  110 East 59th Street

    New York, New York 10022

    Attention: Howard W. Lutnick

   

  With a copy, which shall not constitute notice, to

   

  Ellenoff Grossman & Schole LLP

  1345 Avenue of the Americas

  New York, New York 10105

  Attn: Stuart Neuhauser, Esq.

  Fax No.: (212) 370-7889

   

  or to any other address as may have been
    furnished to Indemnitee in writing by the Company.

  
    
      

  

   

  22. APPLICABLE LAW AND CONSENT TO JURISDICTION.
    This Agreement and the legal relations among the parties shall be governed by, and construed and enforced in accordance with, the
    laws of the State of Delaware, without regard to its conflict of laws rules. To the fullest extent permitted by law, the Company
    and Indemnitee hereby irrevocably and unconditionally: (a) agree that any action or proceeding arising out of or in connection
    with this Agreement shall be brought only in the Delaware Court and not in any other state or federal court in the United States
    of America or any court in any other country; (b) consent to submit to the exclusive jurisdiction of the Delaware Court for purposes
    of any action or proceeding arising out of or in connection with this Agreement; (c) waive any objection to the laying of venue
    of any such action or proceeding in the Delaware Court; and (d) waive, and agree not to plead or to make, any claim that any such
    action or proceeding brought in the Delaware Court has been brought in an improper or inconvenient forum, or is subject (in whole
    or in part) to a jury trial. To the fullest extent permitted by law, the parties hereby agree that the mailing of process and other
    papers in connection with any such action or proceeding in the manner provided by Section 21 or in such other manner as may be
    permitted by law, shall be valid and sufficient service thereof.

   

  23. IDENTICAL COUNTERPARTS. This
    Agreement may be executed in one or more counterparts (including facsimile or PDF counterparts), each of which shall for all purposes
    be deemed to be an original but all of which together shall constitute one and the same Agreement. Only one such counterpart signed
    by the party against whom enforceability is sought needs to be produced to evidence the existence of this Agreement.

   

  24. MISCELLANEOUS. Use of the masculine
    pronoun shall be deemed to include usage of the feminine pronoun where appropriate. The headings of the paragraphs of this Agreement
    are inserted for convenience only and shall not be deemed to constitute part of this Agreement or to affect the construction thereof.

   

  25. PERIOD OF LIMITATIONS. No legal
    action shall be brought and no cause of action shall be asserted by or in the right of the Company against Indemnitee, Indemnitee's
    spouse, heirs, executors or personal or legal representatives after the expiration of two years from the date of accrual of such
    cause of action, and any claim or cause of action of the Company shall be extinguished and deemed released unless asserted by the
    timely filing of a legal action within such two-year period; provided, however, that if any shorter period of limitations is otherwise
    applicable to any such cause of action such shorter period shall govern.

   

  26. ADDITIONAL ACTS. If for the validation
    of any of the provisions in this Agreement any act, resolution, approval or other procedure is required to the fullest extent permitted
    by law, the Company undertakes to cause such act, resolution, approval or other procedure to be affected or adopted in a manner
    that will enable the Company to fulfill its obligations under this Agreement.

   

  27. WAIVER OF CLAIMS TO TRUST ACCOUNT.
    Indemnitee hereby agrees that it does not have any right, title, interest or claim of any kind (each, a "Claim")
    in or to any monies in the trust account established in connection with the Company's initial public offering for the benefit of
    the Company and holders of shares issued in such offering, and hereby waives any Claim it may have in the future as a result of,
    or arising out of, any services provided to the Company and will not seek recourse against such trust account for any reason whatsoever.

   

  28. MAINTENANCE OF INSURANCE. The
    Company shall use commercially reasonable efforts to obtain and maintain in effect during the entire period for which the Company
    is obligated to indemnify the Indemnitee under this Agreement, one or more policies of insurance with reputable insurance companies
    to provide the officers/directors of the Company with coverage for losses from wrongful acts and omissions and to ensure the Company's
    performance of its indemnification obligations under this Agreement. The Indemnitee shall be covered by such policy or policies
    in accordance with its or their terms to the maximum extent of the coverage available for any such director or officer under such
    policy or policies. In all such insurance policies, the Indemnitee shall be named as an insured in such a manner as to provide
    the Indemnitee with the same rights and benefits as are accorded to the most favorably insured of the Company's directors and officers.

   

  [Signature Page Follows]

  
    
      

  

   

  
  
   

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

   

  

  	 	
          CF ACQUISITION CORP. IV

        
	 	 	 
	 	
          By:

        	 
	 	 	
          Name:

        	 
	 	 	
          Title:

        	 
	 	 	 
	 	
          INDEMNITEE

        
	 	 	 
	 	
          By:

        	 
	 	 	
          Name:

        	 
	 	 	
          Address:

        	 

   

   

   

  

   
   

  [Signature page to Indemnity Agreement -
    CF Acquisition Corp. IV]Exhibit 10.7

     

    

    THIS EXPENSE ADVANCEMENT AGREEMENT (this “Agreement”), dated as of [ ], 2020, is made and entered into by and among CF Acquisition Corp. IV, a Delaware corporation (the “Company”), and CFAC Holdings IV, LLC (the “Sponsor”).

     

    

    RECITALS

     

    

    WHEREAS, the
      Company is engaged in an initial public offering (the “Offering”) pursuant to which the Company will issue and deliver up to
      46,000,000 units (the “Units”) (including up to 6,000,000 Units subject to an over-allotment option granted to the underwriters
      of the Offering), with each Unit comprised of one share of common stock, par value $0.0001 per share (the “Common Stock”), of
      the Company and one-third of one warrant, each whole warrant exercisable to purchase one share of Common Stock at $11.50 per share, subject to certain adjustments (each, a “Warrant,” and collectively, the “Warrants”);

     

      

    WHEREAS, the
      Company has filed with the Securities and Exchange Commission a registration statement on Form S-1, No. 333-251184 (the “Registration
        Statement”) for the registration, under the Securities Act of 1933, as amended (the “Securities Act”), of the Units
      and the Warrants and the Common Stock underlying the Units, including a prospectus (the “Prospectus”);

     

      

    WHEREAS, the
      proceeds of the Offering, together with certain additional amounts from a concurrency private placement, will be deposited in a trust account (the “Trust Account”) at J.P. Morgan Chase Bank, N.A. and managed by Continental Stock Transfer & Trust Company, as trustee, as described in the Registration Statement and the Prospectus; and

     

      

    WHEREAS, the
      Sponsor desires to enter into this Agreement in order to facilitate the Offering and the other transactions contemplated in the Registration Statement and the Prospectus, including any merger, capital stock exchange, asset acquisition, stock
      purchase, reorganization or other similar business combination by the Company with one or more businesses (a “Business Combination”).

     

      

    NOW, THEREFORE, in consideration of the representations, covenants and agreements contained herein, and certain other good and valuable consideration, the
      receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:

     

    

    1. (a) From time to time, as may be requested by the Company, the Sponsor agrees to advance to the Company up to
      $1,750,000.00 in the aggregate, in each instance pursuant to the terms of the form of promissory note attached as Exhibit A hereto (the “Note”), as may be necessary to fund the Company’s expenses relating to investigating and selecting a target business and other
      working capital requirements following the Offering and prior to any potential Business Combination.

     

    

    (b) The Sponsor represents to the Company that the Sponsor is capable of making such advances to satisfy its
      obligations under Section 1(a).

     

    

    (c) Notwithstanding anything to the contrary herein or in the Note, the Sponsor hereby waives any and all right,
      title, interest or claim of any kind (“Claim”) in or to any distribution of the Trust Account in which the proceeds of the Offering, together with certain additional amounts, as described in greater detail in the Registration Statement and the Prospectus, will be
      deposited, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the Trust Account for any reason whatsoever; provided, however, that if the Company completes its Business Combination, the Company may
      repay such loaned amounts out of the proceeds released to the Company from the Trust Account.

     

    

    2. This Agreement, together with the Note, constitutes the entire agreement and understanding of the parties hereto in
      respect of the subject matter hereof and supersedes all prior understandings, agreements, or representations by or among the parties hereto, written or oral, to the extent they relate in any way to the subject matter hereof or the transactions
      contemplated hereby. This Agreement may not be changed, amended, modified or waived (other than to correct a typographical error) as to any particular provision, except by a written instrument executed by the parties hereto.

     

    

    3. No party may assign either this Agreement or any of his, her or its rights, interests, or obligations hereunder
      without the prior written consent of the other party; provided, however, that, subject to all applicable securities laws, the Note shall be
      freely assignable by the Sponsor to any assignee; provided, further, that Sponsor’s obligations hereunder shall remain in full force and effect
      in the event that an assignee fails to timely perform any of Sponsor’s obligations hereunder. Any purported assignment in violation of this paragraph shall be void and ineffectual and shall not operate to transfer or assign any interest or title to
      the purported assignee. This Agreement shall be binding on the undersigned and each of his or its heirs, personal representatives, successors and assigns.

     

    

    4. Any notice, statement or demand authorized by this Agreement shall be sufficiently given (i) when so delivered if
      by hand or overnight delivery, (ii) the date and time shown on a facsimile transmission confirmation, or (iii) if sent by certified mail or private courier service within five (5) days after deposit of such notice, postage prepaid. Such notice,
      statement or demand shall be addressed as follows:

     

    

    If to the Company or the Sponsor:

    110 East 59th Street

    New York, NY 10022

    Attn: Chief Executive Officer

      Facsimile: (212) 829-4708

    

    

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

    Ellenoff Grossman & Schole LLP

    1345 Avenue of the Americas

    New York, New York 10105

    Attn: Stuart Neuhauser, Esq.

    Facsimile: (212) 370-7889

    

    

    5. This Agreement may be executed in any number of original or facsimile or other electronic 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.

     

    

    6. This Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof
      shall not affect the validity or enforceability of this Agreement or of any other term or provision hereof. Furthermore, in lieu of any such invalid or unenforceable term or provision, the parties hereto intend that there shall be added as a part of
      this Agreement a provision as similar in terms to such invalid or unenforceable provision as may be possible and be valid and enforceable.

     

    

    7. This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of New
      York, without giving effect to conflicts of law principles that would result in the application of the substantive laws of another jurisdiction. The parties hereto (i) agree that any action, proceeding, claim or dispute arising out of, or relating in
      any way to, this Agreement shall be brought and enforced in the state or federal courts located in the Borough of Manhattan in the State of New York, and irrevocably submits to such jurisdiction and venue, which jurisdiction and venue shall be
      exclusive and (ii) waive any objection to such exclusive jurisdiction and venue or that such courts represent an inconvenient forum.

    [Signature Page Follows]

    
      
        

    

    

    

    IN WITNESS WHEREOF,
      the undersigned have caused this Expense Advance Agreement to be executed as of the date first written above.

    	 	
            CF ACQUISITION CORP. IV

          
	 	 	 
	 	
            By:

          	 
	 	 	
            Name:

          	
            Howard W. Lutnick

          
	 	 	
            Title:

          	
            Chairman and Chief Executive Officer

          
	 	
            CFAC HOLDINGS IV, LLC

          
	 	 
	 	
            By:

          	 
	 	 	
            Name:

          	
            Howard W. Lutnick

          
	 	 	
            Title:

          	
            Chief Executive Officer

          

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    [Signature Page to the Expense Advance Agreement between CF Acquisition Corp. IV and CFAC Holdings IV, LLC for up to $1,750,000]

    
      
        

    

    

    

    Exhibit A

    Promissory Note

    THIS PROMISSORY NOTE (“NOTE”) AND THE SECURITIES INTO WHICH THE NOTE MAY BE CONVERTED HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT
      OF 1933, AS AMENDED (THE “SECURITIES ACT”) OR UNDER THE SECURITIES LAWS OF ANY STATE. THIS NOTE HAS BEEN ACQUIRED FOR INVESTMENT ONLY AND MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF REGISTRATION OF THE RESALE THEREOF UNDER THE
      SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY IN FORM, SCOPE AND SUBSTANCE TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.

    PROMISSORY NOTE

    	 	
            Dated as of _____, ___

          	 
	 	 	 
	
            Principal Amount: Up to $1,750,000.00

          	
            New York, New York

          	 

    

    

    Pursuant to that certain Expense Advance Agreement (the “Agreement”), dated as of [ ], 2020, by and between CF Acquisition Corp. IV, a Delaware corporation (the “Maker”),
      and CFAC Holdings IV, LLC (the “Payee”), the Maker hereby promises to pay to the order of the Payee or its registered assigns or successors in
      interest, the principal sum of up to One Million Seven Hundred and Fifty Thousand Dollars ($1,750,000.00) in lawful money of the United States of America, on the terms and conditions described below. All payments on this Note shall be made by check
      or wire transfer of immediately available funds or as otherwise determined by the Maker to such account as the Payee may from time to time designate by written notice in accordance with the provisions of this Note. Certain terms used herein but not
      defined herein shall have the meaning given to such terms in the Agreement.

     

      

    1. Principal. The principal
      balance of this Note shall be payable by Maker on the date on which Maker consummates its Business Combination. The principal balance may be prepaid at any time. Under no circumstances shall any individual, including but not limited to any officer,
      director, employee or shareholder of the Maker, be obligated personally for any obligations or liabilities of the Maker hereunder.

     

      

    2. Interest. No interest shall
      accrue or be charged by Payee on the unpaid principal balance of this Note.

    
       

        

      3. Drawdown Requests. Maker and
        Payee agree that Maker may request up to One Million Seven Hundred and Fifty Thousand Dollars ($1,750,000.00) for costs reasonably related to Maker’s working capital needs prior to the consummation of the Business Combination. The principal of this
        Note may be drawn down from time to time prior to the date on which Maker consummates a Business Combination, upon request from Maker to Payee (each, a “Drawdown
          Request”) in such amounts as Maker may determine in its discretion. Payee shall fund each Drawdown Request no later than five (5) business days after receipt of a Drawdown Request; provided, however, that the maximum amount of drawdowns
        collectively under this Note is One Million Seven Hundred and Fifty Thousand Dollars ($1,750,000.00). Once an amount is drawn down under this Note, it shall not be available for future Drawdown Requests even if prepaid. No fees, payments or other
        amounts shall be due to Payee in connection with, or as a result of, any Drawdown Request by Maker.

      

      

    

     

      

    4. Application of Payments. All
      payments shall be applied first to payment in full of any costs incurred in the collection of any sum due under this Note, including (without limitation) reasonable attorney’s fees and then to the payment in full of any late charges and finally to
      the reduction of the unpaid principal balance of this Note.

     

      

    5. Events of Default. The
      occurrence of any of the following shall constitute an event of default (“Event of Default”):

     

    

    (a) Failure to Make Required Payments.
      Failure by Maker to pay the principal amount due pursuant to this Note within five (5) business days of the date specified above.

     

    

    (b) Voluntary Bankruptcy, Etc.
      The commencement by Maker of a voluntary case under any applicable bankruptcy, insolvency, reorganization, rehabilitation or other similar law, or the consent by it to the appointment of or taking possession by a receiver, liquidator, assignee,
      trustee, custodian, sequestrator (or other similar official) of Maker or for any substantial part of its property, or the making by it of any assignment for the benefit of creditors, or the failure of Maker generally to pay its debts as such debts
      become due, or the taking of corporate action by Maker in furtherance of any of the foregoing.

     

    

    (c) Involuntary Bankruptcy, Etc.
      The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of Maker in an involuntary case under any applicable bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee,
      custodian, trustee, sequestrator (or similar official) of Maker or for any substantial part of its property, or ordering the winding-up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period
      of 60 consecutive days.

     

    

    6. Remedies.

     

    

    (a) Upon the occurrence of an Event of Default specified in Section 5(a) hereof, Payee may, by written notice to
      Maker, declare this Note to be due immediately and payable, whereupon the unpaid principal amount of this Note, and all other amounts payable hereunder, shall become immediately due and payable without presentment, demand, protest or other notice of
      any kind, all of which are hereby expressly waived, anything contained herein or in the documents evidencing the same to the contrary notwithstanding.

     

    

    (b) Upon the occurrence of an Event of Default specified in Sections 5(b) or 5(c), the unpaid principal balance of
      this Note, and all other sums payable with regard to this Note, shall automatically and immediately become due and payable, in all cases without any action on the part of Payee.

     

      

    7. Waivers. Maker and all
      endorsers and guarantors of, and sureties for, this Note waive presentment for payment, demand, notice of dishonor, protest, and notice of protest with regard to the Note, all errors, defects and imperfections in any proceedings instituted by Payee
      under the terms of this Note, and all benefits that might accrue to Maker by virtue of any present or future laws exempting any property, real or personal, or any part of the proceeds arising from any sale of any such property, from attachment, levy
      or sale under execution, or providing for any stay of execution, exemption from civil process, or extension of time for payment; and Maker agrees that any real estate that may be levied upon pursuant to a judgment obtained by virtue hereof, or any
      writ of execution issued hereon, may be sold upon any such writ in whole or in part in any order desired by Payee.

     

      

    8. Unconditional Liability. Maker
      hereby waives all notices in connection with the delivery, acceptance, performance, default, or enforcement of the payment of this Note, and agrees that its liability shall be unconditional, without regard to the liability of any other party, and
      shall not be affected in any manner by any indulgence, extension of time, renewal, waiver or modification granted or consented to by Payee, and consents to any and all extensions of time, renewals, waivers, or modifications that may be granted by
      Payee with respect to the payment or other provisions of this Note, and agrees that additional makers, endorsers, guarantors, or sureties may become parties hereto without notice to Maker or affecting Maker’s liability hereunder.

     

      

    9. Notices. All notices,
      statements or other documents which are required or contemplated by this Note shall be made: (i) in writing and delivered personally or sent by first class registered or certified mail, overnight courier service or facsimile or electronic
      transmission to the address designated in writing, (ii) by facsimile to the number most recently provided to such party or such other address or fax number as may be designated in writing by such party or (iii) by electronic mail, to the electronic
      mail address most recently provided to such party or such other electronic mail address as may be designated in writing by such party. Any notice or other communication so transmitted shall be deemed to have been given on the day of delivery, if
      delivered personally, on the business day following receipt of written confirmation, if sent by facsimile or electronic transmission, one (1) business day after delivery to an overnight courier service or five (5) days after mailing if sent by mail.

     

      

    10. Construction. THIS NOTE SHALL
      BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICT OF LAW PRINCIPLES THEREOF.

     

      

    11. Severability. Any provision
      contained in this Note which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such
      prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

     

      

    12. Trust Waiver. Notwithstanding
      anything herein to the contrary, the Payee hereby waives any right, title, interest or claim of any kind (“Claim”) in or to any distribution of or
      from the Trust Account, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the Trust Account for any reason whatsoever; provided, however, that if the Maker completes a Business Combination, the Maker
      shall repay the principal balance of this Note, which may be out of the proceeds released to the Maker from the Trust Account.

     

      

    13. Amendment; Waiver. Any amendment hereto or waiver of any provision hereof may be made with, and only with, the written consent of the Maker and the Payee.

    

        14. Assignment. No assignment or transfer of this Note or any rights or obligations hereunder may be made by any party hereto (by
      operation of law or otherwise) without the prior written consent of the other party hereto and any attempted assignment without the required consent shall be void; provided, however, that this Note shall be freely assignable by the Payee to any assignee.

    [Signature Page Follows]

    
      
        

    

    

    

    IN WITNESS WHEREOF,
      Maker, intending to be legally bound hereby, has caused this Note to be duly executed by the undersigned as of the day and year first above written.

    	 	
            CF Acquisition Corp. IV

          
	 	 	 
	 	
            By:

          	 
	 	 	
            Name:

          	
            Howard W. Lutnick

          
	 	 	
            Title:

          	
            Chairman and Chief Executive Officer

          

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    [Signature Page to the Promissory Note by CF Acquisition Corp. IV in favor of CFAC Holdings IV, LLC for up to $1,750,000 for Working
      Capital]

    7

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