Joint Written Instruction to Escrow Agent to Release Funds from Escrow AccountSOCIAL REALITY, Inc. • March 31st, 2017 • Services-advertising agencies
This notice is a joint written instruction pursuant to the terms of the Escrow Agreement dated as of October 30, 2014, by and among Social Reality, Inc., a Delaware corporation (the “Buyer”), Richard Steel (the “Seller”), and Wells Fargo Bank, National Association, a national banking association, as escrow agent (the “Escrow Agent”). Capitalized terms used in this notice have the meaning given to them in the Escrow Agreement.
January 5, 2017SOCIAL REALITY, Inc. • March 31st, 2017 • Services-advertising agencies • Illinois
Reference is hereby made to that certain Financing Agreement dated as of October 30, 2014 (as amended, restated, supplemented or otherwise modified and in effect immediately prior to the consummation of the Payoff (as defined below), the "Financing Agreement"), by and among Social Reality, Inc., a Delaware corporation (the "Company"), Steel Media, a California corporation ("Steel"); together with the Company, each a Borrower and collectively, the ("Borrowers"), the Company, as the Borrower Representative, the Guarantors party thereto (together with the Borrowers, the "Credit Parties"), the Lenders party thereto and Victory Park Management, LLC, as administrative agent and collateral agent (the "Agent") for the Lenders and the Holders party thereto. Capitalized terms used herein and not otherwise defined herein shall have the respective meanings ascribed thereto in the Financing Agreement and/or the Warrants, as applicable.
