SEC Contract Filing

Filing Date: 2023-08-07

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>3
<FILENAME>ea182915ex10-1_7gcandco.htm
<DESCRIPTION>AMENDED AND RESTATED COMPANY SUPPORT AGREEMENT, DATED AS OF AUGUST 4, 2023, BY AND AMONG 7GC & CO. HOLDINGS INC., BANZAI INTERNATIONAL, INC. AND THE STOCKHOLDERS OF BANZAI INTERNATIONAL, INC. PARTY THERETO
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 10.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>AMENDED AND RESTATED COMPANY SUPPORT AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This AMENDED AND RESTATED
COMPANY SUPPORT AGREEMENT (this &ldquo;<U>Agreement</U>&rdquo;) is dated as of August 4, 2023, by and among 7GC &amp; Co. Holdings Inc.,
a Delaware corporation (&ldquo;<U>7GC</U>&rdquo;), the Persons set forth on <U>Schedule I</U> hereto (each, a &ldquo;<U>Stockholder</U>&rdquo;
and, collectively, the &ldquo;<U>Stockholders</U>&rdquo;), and Banzai International, Inc., a Delaware corporation (the &ldquo;<U>Company</U>&rdquo;).
Capitalized terms used but not defined herein shall have the respective meanings ascribed to such terms in the Merger Agreement (as defined
below).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>RECITALS</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, on December 8, 2022,
7GC, the Company and the Stockholders entered into that certain Company Support Agreement (the &ldquo;<U>Original Company Support Agreement</U>&rdquo;);</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, concurrently with
the execution of the Original Company Support Agreement, 7GC, 7GC Merger Sub I , Inc., a Delaware corporation and an indirect wholly owned
subsidiary of 7GC (&ldquo;<U>First Merger Sub</U>&rdquo;), 7GC Merger Sub II, LLC, a Delaware limited liability company and a direct wholly
owned subsidiary of 7GC (&ldquo;<U>Second Merger Sub</U>&rdquo; and, together with First Merger Sub, the &ldquo;<U>Merger Subs</U>&rdquo;
and each, a &ldquo;<U>Merger Sub</U>&rdquo;), and the Company entered into an Agreement and Plan of Merger and Reorganization (the &ldquo;<U>Original
Merger Agreement</U>&rdquo;), pursuant to which, among other transactions, upon the terms and subject to the conditions thereof, at the
Closing, First Merger Sub will merge with and into the Company (the &ldquo;<U>First Merger</U>&rdquo;), with the separate corporate existence
of First Merger Sub ceasing and the Company surviving the First Merger as an indirect wholly owned subsidiary of 7GC (the &ldquo;<U>Surviving
Corporation</U>&rdquo;) and, promptly following the First Merger, but in any event on the same day as the First Merger and as part of
the same overall transaction as the First Merger, the Surviving Corporation will merge with and into Second Merger Sub (the &ldquo;<U>Second
Merger</U>&rdquo; and, together with the First Merger, the &ldquo;<U>Mergers</U>&rdquo;), with Second Merger Sub surviving the Second
Merger as a wholly owned subsidiary of 7GC, and, upon the First Effective Time of the First Merger, each share of Company Stock issued
and outstanding as of immediately prior to the First Effective Time shall be cancelled and automatically converted into the right to receive
the consideration as described in the Original Merger Agreement (such transaction, the Mergers and the other transactions contemplated
by the Original Merger Agreement, the &ldquo;<U>Transactions</U>&rdquo;), and a condition to the closing of the Transactions pursuant
to the Original Merger Agreement is the completion of the Company&rsquo;s acquisition of Hyros Inc., a Delaware corporation (&ldquo;<U>Hyros</U>&rdquo;);</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, 7GC and the Company
have decided to pursue the closing of the Transactions without completing the Company&rsquo;s acquisition of Hyros and requiring the completion
of such acquisition as a condition to the closing of the Transactions and, concurrently with the execution of this Agreement, the Company,
7GC, and the Merger Subs are entering into that certain Amendment to Agreement Plan of Merger and Reorganization (the &ldquo;<U>Merger
Agreement Amendment</U>,&rdquo; and the Original Merger Agreement as amended by the Merger Agreement Amendment, the &ldquo;<U>Merger Agreement</U>&rdquo;)
to reflect this structural change and the corresponding changes to certain terms of the Original Merger Agreement;</P>

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