Initial Stockholder Forfeiture Agreement, dated as of October 29, 2021, by and among Lottery.com Inc., AutoLotto, Inc. and the security holders party thereto

Exhibit 10.13

INITIAL STOCKHOLDER FORFEITURE AGREEMENT

This Initial Stockholder Forfeiture Agreement (this “Agreement”) is entered into as of October 29, 2021, by and among Trident Acquisitions Corp., a Delaware corporation (the “TDAC”), AutoLotto, Inc., a Delaware corporation (the “Company”), and the TDAC’s initial stockholders named on the signature page hereto (the “Holders”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Business Combination Agreement (as defined below).

W I T N E S S E T H:

WHEREAS, the Holders currently collectively hold 5,031,250 shares of Trident Common Stock, which were purchased in a private placement prior to the consummation of TDAC’s initial public offering (the “Founder Shares”);

WHEREAS, the Holders currently collectively hold 1,150,000 units of TDAC, which were purchased in a private placement simultaneously with the consummation of TDAC’s initial public offering, each of which consists of one share of Trident Common Stock (the “Private Shares”) and one warrant (the “Private Warrants”) to purchase one share of Trident Common Stock at an exercise price of $11.50;

WHEREAS, the Founder Shares are currently held in escrow pursuant to the terms of that certain Stock Escrow Agreement, dated May 29, 2018, by and between TDAC, Continental Stock Transfer & Trust Company, LLC, a New York corporation (the “Escrow Agent”), and the Holders;

WHEREAS, on February 21, 2021, TDAC, Trident Merger Sub II Corp., a Delaware corporation and a direct, wholly-owned subsidiary of TDAC, and the Company entered into that certain Business Combination Agreement (the “Business Combination Agreement”); and

WHEREAS, the Holders and TDAC are entering into this Agreement as a material inducement for the Company to consummate the transactions contemplated by the Business Combination Agreement.

NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows:

If to the Holders:

c/o Trident Acquisitions Corp.

One Liberty Plaza,

165 Broadway St, 23rd Floor,

New York, NY 10006

Attention: Vadim Komissarov

E-mail: ***@***

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

Loeb & Loeb LLP

345 Park Avenue

New York, NY 10154

Attention: David J. Levine, Esq.

Email: ***@***

If to the Company:

AutoLotto, Inc.

20808 State Hwy 71 W, Unit B

Spicewood, TX, 78669

Attention: Tony DiMatteo

Email: ***@***

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

White& Case LLP

1221 Avenue of the Americas

New York, NY 10020-1095

Attention: Elliott M. Smith, Esq.

Email: ***@***

[Signature pages to follow]

In Witness Whereof, this Agreement has been duly executed and delivered by each Party as of the date first above written.

[TDAC__Signature Page to Forfeiture Agreement]

[TDAC__Signature Page to Forfeiture Agreement]

[TDAC__Signature Page to Forfeiture Agreement]