附件12

這個 根據本協議發行的票據和任何證券均未根據經修訂的1933年《證券法》進行註冊（”證券 行動”），或者根據某些州的證券法。不得發行、出售或以其他方式轉讓這些證券， 質押或抵押的除非本保險箱以及該法案和適用的州證券法允許的除外 註冊聲明或其豁免。

簽約日 體育, 有限責任公司

外匯管理局

未來股權簡易協議)

作爲交換，這證明了這一點 用於支付納爾遜可撤銷生活信託基金（”投資者”) 的 $ 100,000.00 （那個”購買金額”) 在 2021 年 4 月 23 日左右，亞利桑那州的一家有限責任公司 Signing Day Sports, LLC （這個”公司”），向投資者授予本公司某些會員權益的權利，但須遵守條款 如下所述。

(a) 股權融資。 如果在本Safe終止之前進行股權融資，在該股權融資的初始結束時，本Safe將自動轉換爲所購金額除以每股轉換價格的Safe優先權益數量。

在將此安全轉換爲安全優先權益的自動過程中，投資者將向公司執行並交付所有與權益融資相關的交易文件。 提供，前提是，這些文件(i) 與與標準優先權益購買方簽訂的文件相同，如適用，對安全優先權益進行適當調整，並且(ii) 具有慣例條款，包括但不限於有利於投資者的有限陳述、保證、責任和賠償義務。

(b) 流動性事件。 如果在本保護期之前發生流動性事件，本保護將自動有權（受限於下文第l(d)部分規定的清算優先級）收取收益的一部分，應於流動性事件完成之前或同時，支付給投資者，金額爲以下兩者中較大的一項：（i）購買金額（“套現金額”），或（ii）等於通過將購買金額除以估值折扣價格計算得出的流動性事件收益的百分比對應的金額（“流動性事件金額”).如果公司的任何安全持有人在流動性事件中可以選擇要收到的款項形式和金額，投資者將被給予同樣的選擇， 在每種情況下，該B類股東和/或該B類股東的家庭成員需獨立控制在此類帳戶、計劃或信託中持有的B類普通股實時； 即投資者不得選擇作爲公司安全持有人普遍適用要求或限制未滿足的情形下投資者無資格接受的考慮形式。儘管如此，在意圖作爲免稅重組合格的變更控制方面，公司可依據其董事會在善意下確定的金額，減少支付給投資者的現金部分，以使此類變更控制有資格作爲美國聯邦所得稅方面的免稅重組，前提是此類減少(A)不會減少應支付給該投資者的總收益，並且(B) 平等地且按比例地應用於所有在第1(d)條款下優先級相同於投資者的持有人。

(c) 解散事件。 如果在本安全期限屆滿之前發生解散事件，則投資者將自動有權（受限於第1（e）節所設定的清算優先權）接收等於現金退出金額的收益的一部分，該收益應在解散事件完成前立即支付給投資者。

(d) 自動轉換。 如果在十八（18）個月後，沒有股權融資、流動性事件或解散事件發生，投資者未收到公司的會員權益或其他支付，如上所述，則此保險套餐將自動轉換爲普通會員權益的數量，等於購買金額除以估值折扣價每股。

(e) 清算優先級。 在流動性事件或解散事件中，這份安全保險旨在像標準的非參與優先股一樣運作，將會 dilute payment to the holders of Common Membership Interests。投資者接收現金支出金額的權利是：

(i) 針對未清償的債務和債權，包括要求支付的合同索賠和可轉換的本票 （在這種可轉換本票實際或假設未轉換爲成員權益的程度上）；

(ii) 與其他保險櫃或首選會員權益的支付持平，如果適用款項不足以支付投資者和其他保險櫃或首選會員權益的全額款項，則適用款項將按比例分配給投資者和其他保險櫃或首選會員權益，比例與投資者和其他保險櫃或首選會員權益應收全額款項的會員權益成比例；並

（iii）優先於普通會員權益的支付。

(e) 終止。 此保險箱將在以下事件中最先發生時自動終止（並不解除由先前違約或不遵守此保險箱而產生的任何義務）：(i) 根據第1(a)節自動轉換此保險箱發行給投資者的會員權益；(ii) 根據第1(b)或第1(c)節支付或撥付應付給投資者的款項；或(iii) 根據第1(d)節轉換此保險箱。

“控制權變更” 意味着：（i）交易或一系列相關交易，其中任何「人」或「組」（根據1934年修訂版《證券交易法》第13（d）和第14（d）條的定義）成爲公司尚有投票權的50％以上的股票的「受益所有人」（根據1934年修訂版《證券交易法》第13d-3規定），直接或間接持有，（ii）公司的任何重組、合併或合併，而不是公司持有的投票權的股份，公司持有的投票權的股份的持有人在此類交易或此類相關交易之前立即保留，此類交易或此類相關交易結束後立即保留，最多代表公司或其他倖存或結果實體的持有的投票權的總數大部分，或（iii）公司的全部或實質性全部資產的售出、租賃或其他處置。

“普通會員 利益「」表示公司其他的會員權益，不包括優先會員權益。

“公司資本金” 根據在第l(d)節中自動轉換之前立即計算，並且（在每種情況中都不重複計算，在適用情況下以按常規成員權益計算）：

“每股轉換價格” 意味着股權融資 每股價格乘以折扣率。

“轉換證券” 包括公司發行的可轉換證券（不包括Safes），包括但不限於：（i）可轉換的應收票據 和其他可轉換債務工具；和（ii）具有轉換爲會籍權益的可轉換證券。

“直接上市” 意味着公司在國家證券交易所上市其權益證券（除規則144下不得轉售的權益證券外）的首次上市，由公司根據公司監管機構批准的形式S-1提交給證監會的有效註冊聲明，在註冊公司現有權益證券的股份進行轉售， 清楚地，直接上市不被視爲承銷發行，也不涉及任何承銷服務。

“折現率”爲八十％（80％）（即二十％（20％）總折扣）。

“解散事項” 意味着（i）自願終止業務，（ii）爲了公司債權人的利益普遍轉讓，或（iii）公司的任何其他清算、解散或清算 (不包括佣金) 一個流動性事件（Liquidity Event），無論自願還是非自願。

“股權融資” 表示的是進行真實交易或一系列交易的本意是爲了籌集資本，根據這些交易，公司發行並出售首選會員權益，具有固定估值，包括但不限於前期估值或後期估值。

“股權融資 每股價格「」表示標準優先權益的每股價格，由購買適用股權融資中的標準 優先權益的投資者商定。

“激勵股權包括受限的「利潤權益」獎勵，受限的會員權益獎勵，購買，RSUs，SARs，期權 以購買前述任何權益，權證或類似證券，已實現或未實現。

“首次公開發行「」表示公司根據《證券法》訴訟中提交的註冊聲明文件，關閉了公司首次承銷的首次股權招股。

“流動性事件「」 意味着控制權變更、直接掛牌或首次公開募股。

“會員權益” 指的是公司的會員權益，包括但不限於， “普通 會員權益”和“優先會員權益.”

“優先會員權益” 指的是在股權融資中向投資者發行的會員權益。

“收益” 意味着現金和其他資產（包括但不限於股票或權益考慮），這些資產是從流動性事件或 相應的解散事件獲得的收益，並且在法律上可以用於分配。

“承諾激勵 股權”表示已承諾但未授予的激勵股權，這些股權應爲以下情況中較大的一個：(i)根據股權融資或流動性事件的交易結構安排制定或達成協議的， 在簽署股權融資或流動性事件的條款表或意向函之前(如果沒有條款表或意向函，則爲股權融資的初始收益或流動性事件的實現)，(ii)在股權融資中， 被視爲在標準優先權益價格的計算中未清償的激勵股權，或者(iii)在流動性事件中，被視爲在分配收益的計算中未清償的激勵股權。

“安全「Safe」是指一種包含未來會員權益的工具，形式和內容類似於此工具，由投資者購買用於資助公司的業務運營。提及「該Safe」指的是這個具體的工具。

“安全優先 興趣「Preferred Membership Interests」 指發行給投資者的股權融資中的優先會員權益，其具有與標準優先權益股份相同的權利、特權、偏好和限制，除以下事項外：(i) 每股清算優先權和初次轉換價格，其目的是爲了基於價格的抗稀釋保護，將等於轉換價格；以及 (ii) 任何股利或分配權益的基礎，將基於轉換價格。

“標準優先 利益「」表示向公司進行股權融資初始閉合相關的投資者發行的優先會員權益。

“未發行的期權 權益池「」表示保留、用於未來授予且不受任何未解決的激勵股權或已承諾的激勵股權（但在產權事件的情況下，僅限於按照已承諾的激勵股權應支付的收益的情況下），根據任何權益激勵或類似公司計劃的規定，所有的會員利益股份。

“Valuation” means $100,000,000.

“Valuation Discount” means twenty percent (20%).

“Valuation Discount Price” means the Valuation multiplied by the Valuation Discount.

“Valuation Discount Price Per Share” means the price per share for Common Membership Interests determined by dividing the total Company Capitalization by the Valuation then multiplied by the Valuation Discount..

(a)   The Company is a limited liability company, duly organized, validly existing and in good standing under the laws of its state of formation, and has the power and authority to own, lease and operate its properties and carry on its business as now conducted.

(b) The execution, delivery and performance by the Company of this Safe is within the power of the Company and has been duly authorized by all necessary actions on the part of the Company (subject to section 3(d)). This Safe constitutes a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms, except as limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors’ rights generally and general principles of equity. To its knowledge, the Company is not in violation of (i) its current certificate of incorporation or bylaws, (ii) any material statute, rule or regulation applicable to the Company or (iii) any material debt or contract to which the Company is a party or by which it is bound, where, in each case, such violation or default, individually, or together with all such violations or defaults, could reasonably be expected to have a material adverse effect on the Company.

(c) The performance and consummation of the transactions contemplated by this Safe do not and will not: (i) violate any material judgment, statute, rule or regulation applicable to the Company; (ii) result in the acceleration of any material debt or contract to which the Company is a party or by which it is bound; or (iii) result in the creation or imposition of any lien on any property, asset or revenue of the Company or the suspension, forfeiture, or nonrenewal of any material permit, license or authorization applicable to the Company, its business or operations.

(d) No consents or approvals are required in connection with the performance of this Safe, other than: (i) the Company’s corporate approvals; (ii) any qualifications or filings under applicable securities laws; and (iii) necessary corporate approvals for the authorization of Membership Interests issuable pursuant to Section I.

(e) To its knowledge, the Company owns or possesses (or can obtain on commercially reasonable terms) sufficient legal rights to all patents, trademarks, service marks, trade names, copyrights, trade secrets, licenses, information, processes and other intellectual property rights necessary for its business as now conducted and as currently proposed to be conducted, without any conflict with, or infringement of the rights of, others.

(a) The Investor has full legal capacity, power and authority to execute and deliver this Safe and to perform its obligations hereunder. This Safe constitutes valid and binding obligation of the Investor, enforceable in accordance with its terms, except as limited by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors’ rights generally and general principles of equity.

(b) The Investor is an accredited investor as such term is defined in Rule 501 of Regulation D under the Securities Act, and acknowledges and agrees that if not an accredited investor at the time of an Equity Financing, the Company may void this Safe and return the Purchase Amount. The Investor has been advised that this Safe and the underlying securities have not been registered under the Securities Act, or any state securities laws and, therefore, cannot be resold unless they are registered under the Securities Act and applicable state securities laws or unless an exemption from such registration requirements is available. The Investor is purchasing this Safe and the securities to be acquired by the Investor hereunder for its own account for investment, not as a nominee or agent, and not with a view to, or for resale in connection with, the distribution thereof, and the Investor has no present intention of selling, granting any participation in, or otherwise distributing the same. The Investor has such knowledge and experience in financial and business matters that the Investor is capable of evaluating the merits and risks of such investment, is able to incur a complete loss of such investment without impairing the Investor’s financial condition and is able to bear the economic risk of such investment for an indefinite period of time.

(a)  Any provision of this Safe may be amended, waived or modified by written consent of the Company and either (i) the Investor or (ii) the majority-in-interest of all then-outstanding Safes executed within a ninety (90) day period as this Safe, provided that with respect to clause (ii): (A) the Purchase Amount may not be amended, waived or modified in this manner, (B) the consent of the Investor and each holder of such Safes must be solicited (even if not obtained), and (C) such amendment, waiver or modification treats all such holders in the same manner. “Majority-in-interest” refers to the holders of the applicable group of Safes whose Safes have a total Purchase Amount greater than 50% of the total Purchase Amount of all of such applicable group of Safes.

(b) Any notice required or permitted by this Safe will be deemed sufficient when delivered personally or by overnight courier or sent by email to the relevant address listed on the signature page, or 48 hours after being deposited in the U.S. mail as certified or registered mail with postage prepaid, addressed to the party to be notified at such party’s address listed on the signature page, as subsequently modified by written notice.

(c) The Investor is not entitled, as a holder of this Safe, to vote or be deemed a holder of Membership Interests for any purpose other than tax purposes, nor will anything in this Safe be construed to confer on the Investor, as such, any rights of a Company member or rights to vote for the election of directors or managers or on any matter submitted to Company members, or to give or withhold consent to any corporate action or to receive notice of meetings, until Membership Interests have been issued on the terms described in Section 1. Furthermore, the Investor is not entitled to the payment of any dividends or distributions until a conversion into Membership Interests; provided; however, this restriction shall not be deemed to prohibit payments under Sections 1(b) and 1(c) above.

(d) Neither this Safe nor the rights in this Safe are transferable or assignable, by operation of law or otherwise, by either party without the prior written consent of the other; provided, however, that this Safe and/or its rights may be assigned without the Company’s consent by the Investor (i) to the Investor’s estate, heirs, executors, administrators, guardians and/or successors in the event of lnvestor’s death or disability, or (ii) to any other entity who directly or indirectly, controls, is controlled by or is under common control with the Investor, including, without limitation, any general partner, managing member, officer or director of the Investor, or any venture capital fund now or hereafter existing which is controlled by one or more general partners or managing members of, or shares the same management company with, the Investor; and provided, further, that the Company may assign this Safe in whole, without the consent of the Investor, in connection with a reincorporation to change the Company’s domicile.

(e) In the event any one or more of the provisions of this Safe is for any reason held to be invalid, illegal or unenforceable, in whole or in part or in any respect, or in the event that any one or more of the provisions of this Safe operate or would prospectively operate to invalidate this Safe, then and in any such event, such provision(s) only will be deemed null and void and will not affect any other provision of this Safe and the remaining provisions of this Safe will remain operative and in full force and effect and will not be affected, prejudiced, or disturbed thereby.

(f) All rights and obligations hereunder will be governed by the laws of the State of Delaware, without regard to the conflicts of law provisions of such jurisdiction.

(g) The parties acknowledge and agree that for United States federal and state income tax purposes this Safe is, and at all times has been, intended to be characterized as membership interests in a partnership, of the Internal Revenue Code of 1986, as amended. Accordingly, the parties agree to treat this Safe consistent with the foregoing intent for all United States federal and state income tax purposes (including, without limitation, on their respective tax returns or other informational statements).

(h) Investor acknowledges that the Company may convert to a corporation after the execution of this Safe and prior to the conversion of this Safe (“Corporate Reorganization”). If the Company engages in a Corporate Reorganization, the terms of this Safe shall continue to apply and the Company may replace this Safe with a replacement Safe on terms substantially similar to the terms of this Safe without the prior consent of Investor. Alternatively, the governing body of the Company may apply the terms of this Safe after such Corporate Reorganization in the good faith and reasonable discretion of the Company’s governing body.

(Signature page follows)

IN WITNESS WHEREOF, the undersigned have caused this Safe to be duly executed and delivered.