Document:

EXHIBIT 4.3

 

DESCRIPTION OF INTERNATIONAL TOWER HILL
MINES COMMON SHARES

 

The common shares, no par value (the “common
shares”), of International Tower Hill Mines Ltd. (the “Company”) are the Company’s only class
of securities registered under Section 12 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

 

The following description of our common shares is a summary
and does not purport to be complete. It is subject to and qualified in its entirety by reference to our Articles of the Company,
as amended (the “Articles”), which are attached as an exhibit to our Annual Report on Form 10-K for the
year ended December 31, 2019. We are incorporated in the Province of British Columbia, Canada and are subject to the Business
Corporations Act (British Columbia).

 

Authorized Capital Shares

 

The Company is authorized to issue 500,000,000 common
shares of which 187,573,671 are issued and outstanding as of March 2, 2020. The outstanding common shares are fully paid
and nonassessable. No other classes of shares are currently authorized.

 

Voting Rights

 

Holders of common shares are entitled to receive notice
of and to attend any meetings of shareholders of the Company and at any meetings of shareholders to cast one vote for each common
share held. Holders of common shares do not have cumulative voting rights. A simple majority of votes cast on a resolution is
required to pass an ordinary resolution; however, if the resolution is a special resolution two-thirds of the votes cast on the
special resolution are required to pass it.

 

Dividend Rights and Liquidation Rights

 

Holders of common shares are entitled to
receive dividends as and when declared by the board of directors of the Company at its discretion from funds legally available
therefor and to receive a pro rata share of the assets of the Company available for distribution to the shareholders in the event
of the liquidation, dissolution or winding-up of the Company after payment of debts and other liabilities, in each case subject
to the rights, privileges, restrictions and conditions attached to any other series or class of shares ranking senior in priority
to or on a pro-rata basis with the holders of common shares with respect to dividends or liquidation.

 

Other Rights and Preferences

 

There are no pre-emptive, subscription,
conversion or redemption rights attached to the common shares nor do they contain any sinking or purchase fund provisions.

 

Considerations for Non-Resident Holders

 

There are no limitations under the laws
of Canada or in the organizing documents of the Company on the right of foreigners to hold or vote securities of the Company or
affecting the remittance of dividends, interest and other payments to non-residents, except that the Investment Canada Act
(Canada) may require review and approval by the Minister of Industry (Canada) of certain acquisitions of “control”
of the Company by a “non-Canadian.” See “Certain Canadian Federal Income Tax Considerations for U.S. Holders”
and “Certain U.S. Federal Income Tax Considerations” in the Form 10-K under Part II. Item 5. Market For Registrant’s
Common Equity, Related Stockholder Matters And Issuer Purchases Of Equity Securities for additional information.

 

    	 	1Exhibit 10.2

 

DIRECTOR NOMINATING AGREEMENT

 

THIS DIRECTOR NOMINATING
AGREEMENT (this “Agreement”) is made as of _____________, 2020, by and among GPAQ Acquisition Holdings, Inc.,
a Delaware corporation (“Holdings”), Gordon Pointe Management, LLC (together with its permitted successors and
assigns hereunder, the “Sponsor”), HOF Village, LLC, a Delaware limited liability company (together with its
permitted successors and assigns hereunder, “HOFV”), and the National Football Museum, Inc., an Ohio non-profit
corporation (together with its permitted assigns and successors hereunder, “PFHOF” and together with the Sponsor
and HOFV, the “Designated Shareholders”). Holdings, the Sponsor, HOFV and PFHOF are each a “Party”
and are collectively the “Parties.” Capitalized terms used but not defined herein shall have the respective
meanings assigned to them in the Merger Agreement (as defined below).

 

WHEREAS, the Sponsor,
HOFV and PFHOF are acquiring shares of Holdings’ common stock, par value $0.0001 per share (such stock, the “Holdings
Common Stock”) pursuant to that certain Agreement and Plan of Merger, dated as of September 16, 2019 (the “Merger
Agreement”), by and among (i) Gordon Pointe Acquisition Corp, a Delaware corporation, (ii) Holdings, (iii) GPAQ
Acquiror Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Holdings, (iv) GPAQ Company Merger Sub,
LLC, a Delaware limited liability company and a wholly-owned subsidiary of Holdings, (v) HOFV, and (vi) HOF Village Newco,
LLC, a Delaware limited liability company and a wholly-owned subsidiary of HOFV; and

 

WHEREAS, the obligations
of the parties to consummate the Closing under the Merger Agreement are conditioned upon the execution and delivery of this Agreement;
and

 

WHEREAS, upon the Closing,
Holdings’ Amended and Restated Certificate of Incorporation will provide that the authorized number of members of Holdings’
Board of Directors (the “Board”; each member of the Board, until his/her death, disability, disqualification,
resignation or removal, is referred to herein as a “Director”, and they are collectively referred to herein
as “Directors”) shall be fixed at no more than eleven (11) members, which number shall be increased to thirteen
(13) members no sooner than 60 days and no later than 90 days after the Closing, pursuant to a resolution of the Board;

 

WHEREAS, upon the Closing,
Holdings’ Amended and Restated Bylaws (together, with Holdings’ Amended and Restated Certificate of Incorporation,
the “Holdings Organizational Documents”) will provide for (i) the Board to be made up of three classes
of Directors: Class A Directors who shall serve for an initial one-year term, Class B Directors who shall serve for an
initial two-year term, and Class C Directors who shall serve for an initial three-year term; (ii) all terms after the
Directors’ initial terms to be for three years; (iii) the Board to have an Executive Committee of three members, of
which James Dolan shall be a member while he serves on the Board; and (iv) the initial Chief Executive Officer of Holdings
to be Michael Crawford;

 

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WHEREAS, Holdings has
agreed (i) to permit the Sponsor, who at the Effective Time will Beneficially Own (as defined under Section 13D of the
Securities Act) at least [___] issued and outstanding shares of Holdings Common Stock (the shares of Holdings Common Stock that
are Beneficially Owned by the Sponsor at the Effective Time are referred to herein as the “Initial Sponsor Shares”),
to designate up to one (1) individual to be appointed or nominated (as the case may be) for election to the Board, (ii) to
permit HOFV, who at the Effective Time will Beneficially Own at least [____] issued and outstanding shares of Holdings Common Stock
(the shares of Holdings Common Stock that are Beneficially Owned by HOFV at the Effective Time are referred to herein as the “Initial
HOFV Shares”), to designate up to four (4) individuals to be appointed or nominated (as the case may be) for election
to the Board, (iii) to permit PFHOF, who at the Effective Time will Beneficially Own at least [___] issued and outstanding shares
of Holdings Common Stock (the shares of Holdings Common Stock that are Beneficially Owned by PFHOF at the Effective Time are referred
to herein as the “Initial PFHOF Shares”), to designate up to one (1) individual to be appointed or nominated
(as the case may be) for election to the Board, and (iv) to provide certain ongoing rights with respect to the nomination
of Directors on the terms and conditions set forth herein; and

 

WHEREAS, each of the
Sponsor, HOFV and PFHOF believes that it is in its best interests to provide for the future voting of its shares of Holdings Common
Stock with respect to the election of Directors as set forth below.

 

NOW, THEREFORE, in
consideration of the foregoing and the mutual promises and covenants set forth in this Agreement, the Parties agree as follows:

 

1. 
Board Matters.

 

1.1 
Subject to the terms and conditions of this Agreement, from and after the Effective Time:

 

(a) 
The Sponsor shall have the right to designate up to one (1) individual to be appointed or nominated (as the case may be)
for election to the Board (such individual, including any successor, the “Sponsor Nominee”);

 

(b) 
HOFV shall have the right to designate up to four (4) individuals to be appointed or nominated (as the case may be)
for election to the Board (each such individual, including any successor, a “HOFV Nominee”);

 

(c) 
PFHOF shall have the right to designate up to one (1) individual to be appointed or nominated (as the case may be) for election
to the Board (such individual, including any successor, the “PFHOF Nominee”; the Sponsor Nominee, the HOFV Nominees
and the PFHOF Nominee are collectively referred to herein as the “Nominees”);

 

(d) 
Unless otherwise agreed to by the Parties, (i) one of the HOFV Nominees must be Michael Klein, and (ii) at least
one of the HOFV Nominees must be an Independent Director (as defined in Section 1.14) (such Independent Director nominee
designated by HOFV, the “Designated Independent Director”); and

 

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(e) 
No later than ten (10) days after the Sponsor, HOFV and PFHOF receive notice of a meeting of Holdings’ stockholders
at which Directors are to be elected, the Sponsor, HOFV and PFHOF shall send written notice to Holdings, specifically identifying
the Sponsor Nominee, the HOFV Nominees or the PFHOF Nominee (as the case may be); provided, however, that (i) the initial
Sponsor Nominee, the initial HOFV Nominees, and the initial PFHOF Nominee shall be the individuals named as such in Section 1.3,
and (ii) if any Nominee is not one of the initial Nominees named as such in Section 1.3, then such Nominee must
be reasonably acceptable to a majority of those Directors who are neither Sponsor Directors (as defined in Section 1.14)
nor HOFV Directors (as defined in Section 1.14) nor PFHOF Directors (as defined in Section 1.14).

 

1.2 
Subject to Section 1.5, HOFV may, at any time in its sole discretion, designate up to one (1) individual
to serve as a Board observer (the “HOFV Board Observer”), and PFHOF may, at any time in its sole discretion,
designate up to one (1) individual to serve as a Board observer (the “PFHOF Board Observer”, and together with
the HOFV Board Observer, the “Board Observers”). The Board Observers shall have the right to attend and participate
in all meetings of the Board (or any committees of the Board), in a non-voting capacity. If HOFV or PFHOF wishes to designate an
HOFV Board Observer or a PHFOF Observer, as applicable, then HOFV or PFHOF shall give Holdings written notice of such fact (an
“Observer Election”). Holdings shall give to the Board Observers copies of all notices, consents, minutes and
other materials (financial or otherwise), which Holdings provides to the Directors, simultaneously with the giving of such notices,
consents, minutes and other materials to the Directors; provided, however, that if an HOFV Board Observer or PFHOF Board
Observer does not, upon the request of Holdings, before attending any meetings of the Board (or any committee of the Board), execute
and deliver to Holdings (a) an agreement to abide by all of Holdings’ policies applicable to Directors, and (b) a
confidentiality agreement reasonably acceptable to Holdings, then such HOFV Board Observer or PFHOF Board Observer may be excluded
from access to any materials, meetings, or portions thereof if the Board (by vote or written consent of a majority of Directors,
excluding the vote or written consent of any Directors that have been appointed or nominated by the same Party that designated
the Board Observer in question) determines in good faith that such exclusion is reasonably necessary to protect highly confidential
proprietary information of Holdings or confidential proprietary information of third parties that Holdings is required to hold
in confidence, or for other similar reasons. HOFV or PFHOF may revoke any Observer Election at any time upon written notice to
Holdings, and after any such revocation HOFV or PHFOF shall have the right to designate a replacement HOFV Board Observer or PFHOF
Board Observer, as applicable. The initial HOFV Board Observer shall be Richard Klein. The initial PHFOF Board Observer shall be
Randall C. Hunt.

 

1.3 
Holdings shall take all necessary and desirable actions within its control such that, as of the Effective Time: (a) the
size of the Board shall be fixed at no more than eleven (11) members; and (b) the following individuals shall be Directors:

 

(a) 
Michael Klein, Edward J. Roth III, and one (1) Independent Director (Mary Owen), shall be Class A Directors;

 

(b) 
Stuart Lichter, and three (3) Independent Directors (Karl Holz, Curtis Martin, and David Dennis), shall be Class B
Directors;

 

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(c) 
James Dolan, Michael Crawford, and two (2) Independent Directors (Kimberly Schaefer and Anthony Buzzelli), shall be Class
C Directors.

 

(d) 
The initial HOFV Directors shall be Michael Klein, Stuart Lichter, Michael Crawford, and [name of Designated Independent
Director]. The initial Sponsor Director shall be James Dolan. The initial PFHOF Director shall be Edward J. Roth III.

 

1.4 
Holdings shall take all necessary and desirable actions within its control such that pursuant to a resolution of the Board,
no sooner than 60 days and no later than 90 days after the Effective Time, the size of the Board shall be increased to thirteen
(13) members. The two additional Directors shall be one (1) individual designated by Johnson Controls, Inc. and one (1) Independent
Director.

 

1.5 
Subject to the terms and conditions of this Agreement, from and after the Effective Time, Holdings shall, as promptly as
practicable, take all necessary and desirable actions within its control (including, without limitation, calling special meetings
of the Board and Holdings’ stockholders and recommending, supporting and soliciting proxies), so that:

 

(a) 
For so long as the Sponsor Beneficially Owns, in the aggregate, a number of shares of Holdings Common Stock equal to or
greater than eighty-five percent (85%) of the total number of Initial Sponsor Shares, the Sponsor shall have the right to
nominate one (1) Nominee, unless the Sponsor Director is not up for election.

 

(b) 
For so long as HOFV Beneficially Owns, in the aggregate, a number of shares of Holdings Common Stock equal to or greater
than eighty-five percent (85%) of the total number of Initial HOFV Shares, HOFV shall have (i) the right to nominate
a number of Nominees equal to (A) four (4), minus (B) the number of HOFV Directors who are not up for election,
and (ii) the right to designate one (1) HOFV Board Observer (and, if the then-current Designated Independent Director
is up for election, then at least one of the HOFV Nominees must be an Independent Director).

 

(c) 
For so long as HOFV Beneficially Owns, in the aggregate, a number of shares of Holdings Common Stock equal to or greater
than sixty-five percent (65%) of the total number of Initial HOFV Shares, HOFV shall have (i) the right to nominate a
number of Nominees equal to (A) three (3), minus (B) the number of HOFV Directors who are not up for election, and
(ii) the right to designate one (1) HOFV Board Observer (and, if the then-current Designated Independent Director is
up for election, then at least one of the HOFV Nominees must be an Independent Director).

 

(d) 
For so long as HOFV Beneficially Owns, in the aggregate, a number of shares of Holdings Common Stock equal to or greater
than forty-five percent (45%) of the total number of Initial HOFV Shares, HOFV shall have (i) the right to nominate a
number of Nominees equal to (A) two (2), minus (B) the number of HOFV Directors who are not up for election, and (ii) the
right to designate one (1) HOFV Board Observer.

 

(e) 
For so long as HOFV Beneficially Owns, in the aggregate, a number of shares of Holdings Common Stock equal to or greater
than fifteen percent (15%) of the total number of Initial HOFV Shares, HOFV shall have (i) the right to nominate one (1)
Nominee, unless no HOFV Director is up for election, and (ii) the right to designate one (1) HOFV Board Observer.

 

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(f) 
For so long as PFHOF Beneficially Owns, in the aggregate, a number of shares of Holdings Common Stock equal to or greater
than eighty-five percent (85%) of the total number of Initial PFHOF Shares, PFHOF shall have (i) the right to nominate one (1)
Nominee, unless no PFHOF Director is up for election, and (ii) the right to designate one (1) PFHOF Board Observer.

 

1.6 
Holdings shall take all actions necessary to ensure that: (a) each Sponsor Nominee, HOFV Nominee and PFHOF Nominee
that is up for election is included in the Board’s recommended slate of nominees delivered to Holdings’ stockholders
for each election of Directors; and (b) each Sponsor Nominee, HOFV Nominee, and PFHOF Nominee that is up for election is included
in the proxy statement prepared by Holdings’ management in connection with soliciting proxies for every meeting of Holdings’
stockholders at which Directors are to be elected, and at every adjournment or postponement thereof, and on every action or approval
by written resolution of Holdings’ stockholders or the Board with respect to the election of Directors.

 

1.7 
If a vacancy in a Board position held by a Sponsor Director, an HOFV Director or a PFHOF Director occurs because of death,
disability, disqualification, resignation, removal, or any other reason, then (a) the Sponsor, HOFV or PFHOF (as applicable)
shall be entitled to designate such individual’s successor, and (b) Holdings shall, within ten (10) days after
such designation, take all necessary and desirable actions within its control to ensure that such vacancy shall be filled with
such successor Nominee (it being understood that any such successor designee shall serve the remainder of the term of the director
whom such designee replaced); provided that any successor Nominee must be reasonably acceptable to a majority of those Directors
who are neither Sponsor Directors nor HOFV Directors nor PFHOF Directors.

 

1.8 
If a Sponsor Nominee, an HOFV Nominee or a PFHOF Nominee is not elected because of such Nominee’s death, disability,
disqualification, withdrawal as a nominee, or any other reason, then (a) the Sponsor, HOFV or PFHOF, as applicable, shall
be entitled to designate promptly another Nominee, and (b) Holdings shall take all necessary and desirable actions within
its control to ensure that the Board position for which such Nominee was nominated shall not be filled pending such designation;
provided that any successor Nominee must be reasonably acceptable to a majority of those Directors who are neither Sponsor
Directors nor HOFV Directors nor PFHOF Directors.

 

1.9 
Neither the Sponsor nor HOFV nor PFHOF shall be obligated to designate all (or any) of the Directors or Nominees that each
of them is entitled to designate pursuant to this Agreement, and no failure by either the Sponsor, HOFV or PFHOF to designate any
Director or Nominee shall constitute a waiver of such Party’s rights hereunder.

 

1.10 
Holdings shall pay the reasonable, documented out-of-pocket expenses incurred by each Sponsor Director, HOFV Director, HOFV
Board Observer, PFHOF Director and PFHOF Board Observer in connection with his or her services provided to or on behalf of Holdings,
including attending meetings (including committee meetings) or events on behalf of Holdings or at Holdings’ request.

 

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1.11 
Holdings shall (a) purchase directors’ and officers’ liability insurance in an amount determined by the
Board to be reasonable and customary and (b) for so long as any Director to the Board nominated pursuant to the terms of this
Agreement serves as a Director of Holdings, maintain such coverage with respect to such Directors; provided that upon removal
or resignation of such Director for any reason, Holdings shall take all actions reasonably necessary to extend such directors’
and officers’ liability insurance coverage for a period of not less than six (6) years from any such event in respect of
any act or omission occurring at or prior to such event.

 

1.12 
For so long as any Sponsor Director, HOFV Director or PFHOF Director serves as a Director of Holdings, Holdings shall not
allow any amendment, alteration or repeal of any right to indemnification or exculpation covering or benefiting any Director nominated
pursuant to this Agreement (whether such right is contained in the Holdings Organizational Documents or another document), except
(a) to the extent such amendment or alteration permits Holdings to provide indemnification or exculpation rights, on a retroactive
basis, broader than those rights permitted prior thereto or (b) to the extent that such amendment or alteration is required
by applicable law.

 

1.13 
Each of the Sponsor, HOFV and PFHOF shall take all necessary and desirable actions within such Party’s control (including
voting or causing to be voted, whether at a meeting of stockholders or by written consent or otherwise, all shares of Holdings
voting securities now or hereafter directly or indirectly owned by such Party) (a) to cause the applicable Sponsor Nominees,
HOFV Nominees and PFHOF Nominees to be appointed (and where applicable, elected) as Directors, and (b) against the removal
from office of any Sponsor Director, HOFV Director or PFHOF Director, unless such removal is directed or approved by the Sponsor
(if such Director is a Sponsor Director), or by HOFV (if such Director is an HOFV Director), or by PFHOF (if such Director is a
PFHOF Director).

 

1.14 
For purposes of this Agreement:

 

(a) 
“HOFV Director” means any individual who is elected as a Director after being designated by HOFV, pursuant
to Section 1.1, to be appointed or nominated (as the case may be) for election to the Board.

 

(b) 
“Independent Director” means an individual who meets the independence standards that are established
from time to time by Nasdaq or the SEC and that are applicable to Holdings.

 

(c) 
“PFHOF Director” means any individual who is elected as a Director after being designated by PFHOF, pursuant
to Section 1.1, to be appointed or nominated (as the case may be) for election to the Board.

 

(d) 
“Sponsor Director” means any individual who is elected as a Director after being designated by the Sponsor,
pursuant to Section 1.1, to be appointed or nominated (as the case may be) for election to the Board.

 

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2. 
Successors in Interest of the Parties. This Agreement shall be binding upon and shall inure to the benefit of the
Parties hereto and their respective permitted successors, legal representatives and assignees for the uses and purposes set forth
and referred to herein. Notwithstanding the foregoing, neither Holdings, nor the Sponsor, nor HOFV, nor PFHOF may assign any of
its rights or obligations hereunder without the prior written consent of the other Parties.

 

3. 
Remedies. The Parties shall be entitled to enforce their rights under this Agreement specifically, to recover damages
by reason of any breach of any provision of this Agreement and to exercise all other rights existing in their favor. The Parties
hereto agree and acknowledge that a breach of this Agreement would cause irreparable harm, that money damages would not be an adequate
remedy for any such breach, and that, in addition to other rights and remedies hereunder, the Parties shall be entitled to specific
performance and/or injunctive or other equitable relief  (without posting a bond or other security) from any court of law
or equity of competent jurisdiction in order to enforce or prevent any violation of the provisions of this Agreement.

 

4. 
Notices. All notices and other communications among the Parties shall be in writing and shall be deemed to have been
duly given (i) when delivered in person, (ii) when delivered after posting in the United States mail having been sent registered
or certified mail return receipt requested, postage prepaid, (iii) when delivered by FedEx or other nationally recognized overnight
delivery service) or (iv) when e-mailed during normal business hours (and otherwise as of the immediately following business day),
addressed as follows:

 

4.1 
If to Holdings:

 

Gordon Pointe Acquisition Corp

90 Beta Drive

Pittsburgh, PA 15238

Attn: Douglas L. Hein, CFO

 

Email: dhein@gordonpointe.com

 

with copies to (which
shall not constitute notice):

 

Fox Rothschild
LLP

2000 Market St., 20th Floor

Philadelphia PA 19103

Attn: Stephen M. Cohen

E-mail: smcohen@foxrothschild.com

 

and

 

Pillsbury Winthrop Shaw Pittman

31 West 52nd Street

New York, NY 10019

Attn: Jarrod D. Murphy

E-mail: jarrod.murphy@pillsburylaw.com

 

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4.2 
If to the Sponsor:

 

Gordon Pointe Management, LLC

90 Beta Drive

Pittsburgh, PA 15238

Attn: James Dolan

 

Email: jdolan@gordonpointe.com

 

with copies to
(which shall not constitute notice):

 

Fox Rothschild
LLP

2000 Market St., 20th Floor

Philadelphia PA 19103

Attn: Stephen M. Cohen

E-mail: smcohen@foxrothschild.com

 

and

 

Pillsbury Winthrop Shaw Pittman

31 West 52nd Street

New York, NY 10019

Attn: Jarrod D. Murphy

 

E-mail: jarrod.murphy@pillsburylaw.com

 

4.3 
If to HOFV:

 

HOF Village, LLC

1826 Clearview Ave NW

Canton, OH 44708

Attn: Michael Crawford, CEO

 

E-mail: michael.crawford@hofvillage.com

 

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

 

Hunton Andrews Kurth LLP

2200 Pennsylvania Ave NW

Washington, DC 20037

Attn: J. Steven Patterson

 

E-mail: spatterson@huntonak.com

 

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4.4 
If to PFHOF:

 

National Football Museum, Inc.

2121 George Halas Drive NW

Canton, OH 44708

Attn: C. David Baker, President

 

E-mail: david.baker@profootballhof.com

 

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

 

Krugliak, Wilkins, Griffiths &
Dougherty Co., L.P.A.

4775 Munson Street, NW

P.O. Box 36963

Canton, OH 44735-6963

Attn: Christopher R. Hunt

 

E-mail: chunt@kwgd.com

 

5. 
Adjustments. If, and as often as, there are any changes in the Holdings Common Stock by way of stock split, stock
dividend, combination or reclassification, or through merger, consolidation, reorganization, recapitalization or sale, or by any
other means, appropriate adjustment shall be made in the provisions of this Agreement, as may be required, so that the rights,
privileges, duties and obligations hereunder shall continue with respect to the Holdings Common Stock as so changed.

 

6. 
No Strict Construction. The language used in this Agreement shall be deemed to be the language chosen by the Parties
hereto to express their mutual intent, and no rule of strict construction shall be applied against any Party.

 

7. 
No Third-Party Beneficiaries. Nothing in this Agreement, express or implied, is intended or shall be construed to
confer upon, or give to, any person or entity other than the Parties hereto and their respective permitted successors and assigns
any remedy or claim under or by reason of this Agreement or any terms, covenants or conditions hereof, and all of the terms, covenants,
conditions, promises and agreements contained in this Agreement shall be for the sole and exclusive benefit of the Parties hereto
and their respective permitted successors and assigns.

 

8. 
Further Assurances. Each of the Parties hereby agrees that it will hereafter execute and deliver any further document,
agreement or instrument of assignment, transfer or conveyance as may be necessary or desirable to effectuate the purposes hereof.

 

9. 
Counterparts. This Agreement may be executed in one or more counterparts, and may be delivered by means of facsimile
or electronic transmission in portable document format, each of which shall be deemed to be an original and shall be binding upon
the Party that executed the same, but all of such counterparts shall constitute the same agreement.

 

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10. 
Governing Law. This Agreement, and all claims or causes of action based upon, arising out of, or related to this
Agreement or the transactions contemplated hereby, shall be governed by, and construed in accordance with, the Laws of the State
of Delaware, without giving effect to principles or rules of conflict of laws to the extent such principles or rules would require
or permit the application of Laws of another jurisdiction. Any Action based upon, arising out of or related to this Agreement or
the transactions contemplated hereby may only be brought in federal and state courts located in the State of Delaware, and each
of the Parties irrevocably submits to the exclusive jurisdiction of each such court in any such Action, waives any objection it
may now or hereafter have to personal jurisdiction, venue or to convenience of forum, agrees that all claims in respect of the
Action shall be heard and determined only in any such court, and agrees not to bring any Action arising out of or relating to this
Agreement or the transactions contemplated hereby in any other court. Nothing herein contained shall be deemed to affect the right
of any Party to serve process in any manner permitted by Law or to commence legal proceedings or otherwise proceed against any
other Party in any other jurisdiction, in each case, to enforce judgments obtained in any Action brought pursuant to this paragraph.
The prevailing party in any such Action (as determined by a court of competent jurisdiction) shall be entitled to be reimbursed
by the non-prevailing party for its reasonable expenses, including reasonable attorneys’ fees, incurred with respect to such
Action.

 

11. 
Mutual Waiver of Jury Trial. The Parties hereto hereby irrevocably waive any and all rights to trial by jury in any
legal proceeding arising out of or related to this Agreement. Any action or proceeding whatsoever between the Parties hereto relating
to this Agreement shall be tried in a court of competent jurisdiction by a judge sitting without a jury.

 

12. 
Complete Agreement; Inconsistent Agreements. This Agreement represents the complete agreement between the Parties
hereto as to all matters covered hereby and supersedes any prior agreements or understandings between the Parties.

 

13. 
Severability. In the event any one or more of the provisions contained in this Agreement should be held invalid,
illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein
shall not in any way be affected or impaired thereby (it being understood that the invalidity of a particular provision in a particular
jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The Parties shall endeavor
in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect
of which comes as close as possible to that of the invalid, illegal or unenforceable provisions.

 

14. 
Amendment and Waiver. Except as otherwise provided herein, no modification, amendment or waiver of any provision
of this Agreement shall be effective against a Party unless such modification is approved in writing by all Parties hereto. The
failure of any Party to enforce any of the provisions of this Agreement shall in no way be construed as a waiver of such provisions
and shall not affect the right of such Party thereafter to enforce each and every provision of this Agreement in accordance with
its terms.

 

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15. 
Termination. Notwithstanding anything to the contrary contained herein, (a) the Sponsor’s rights under
this Agreement shall expire and terminate automatically at such time as the Sponsor Beneficially Owns, in the aggregate, a number
of shares of Holdings Common Stock that is less than eighty-five percent (85%) of the total number of Initial Sponsor Shares,
(b) HOFV’s rights under this Agreement shall expire and terminate automatically at such time as HOFV Beneficially Owns,
in the aggregate, a number of shares of Holdings Common Stock that is less than fifteen percent (15%) of the total number
of Initial HOFV Shares, and (c) PFHOF’s rights under this Agreement shall expire and terminate automatically at such time
as PFHOF Beneficially Owns, in the aggregate, a number of shares of Holdings Common Stock that is less than eighty-five percent (85%)
of the total number of Initial PFHOF Shares; provided, however, that Sections 1.9, 1.10, 1.11,
3, 4, 6, 7, and 9-16 shall survive any termination of any Party’s rights under this Agreement.

 

16. 
Enforcement. The Parties acknowledge and agree that, if a Party is not performing its obligations hereunder or is
otherwise in breach of this Agreement, in addition to and without limiting the rights of the other Parties hereunder, a majority
of the Directors who are Independent Directors shall have the right to seek enforcement of this Agreement and the obligations of
the Parties hereunder.

 

[Remainder of this
page intentionally left blank]

 

    11

     

    

 

IN WITNESS WHEREOF,
the Parties hereto have executed this Agreement as of the day and year hereinabove first written.

 

	Holdings:	 
	 	 
	GPAQ ACQUISITION HOLDINGS, INC.	 
	 	 
	By:	 	 
	 	Name: 	 
	 	Title:	 
	 	 
	Sponsor:	 
	 	 
	GORDON POINTE MANAGEMENT, LLC	 
	 	 
	By:	 	 
	 	Name: 	 
	 	Title:	 
	 	 
	HOFV:	 
	 	 
	HOF VILLAGE, LLC	 
	 	 
	By:	 	 
	 	Name: 	 
	 	Title:	 
	 	 
	PFHOF:	 
	 	 
	NATIONAL FOOTBALL MUSEUM, INC.	 
	 	 
	By:	 	 
	 	Name: C. David Baker	 
	 	Title: President	 

 

[Signature Page to Director Nominating Agreement]

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