Company: WLACW
Filing Date: 2025-09-19
Form Type: 8-K
Source: 0001493152-25-014308
Chunk: 7

Company: Willow Lane Acquisition Corp.
Filing Date: 2025-09-19
Form: 8-K
Item: Item 1.01
Chunk 7
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 the Closing until the third anniversary of the Closing Date. A copy of the form of this agreement is attached as Exhibit
10.4 hereto and is incorporated herein by reference.

Amended
and Restated Registration Rights Agreement

Prior
to the Closing, Willow Lane, Pubco, the Sponsor and the Sellers will enter into an Amended and Restated Registration Rights Agreement
that will amend and restate the registration rights agreement entered into at the time of Willow Lane’s initial public offering,
pursuant to which (i) Pubco will assume the registration obligations of Willow Lane under such registration rights agreement, with such
rights to apply to the shares Pubco Common Stock, and (ii) the Sellers will be granted registration rights thereunder. A copy of the
form of this agreement is attached as Exhibit 10.5 hereto and is incorporated herein by reference.

Transfer
Agreement, Earnout Agreement

Simultaneously
with the execution of the Business Combination Agreement, and in connection with the execution of the Earnout Agreement described below,
the Sponsor and Goodrich ILMJS LLC (the “SPV”) entered into a Transfer Agreement providing that the SPV shall
have the right, but not the obligation, to purchase from the Sponsor, immediately prior to the Closing, 27.5% of the 4,628,674 Class
B ordinary shares of Willow held by the Sponsor and 27.5% of the 4,007,222 warrants to purchase Willow Lane held by the Sponsor, at a
purchase price for all such securities equal to $1.75 per Founder Share purchased. A copy of the form of this agreement is attached as
Exhibit 10.6 hereto and is incorporated herein by reference.

Simultaneously with the execution
of the Business Combination Agreement, and in connection with the execution of the Transfer Agreement described above, Pubco,
the Sponsor and the SPV entered into an Earnout Agreement providing that each of the Sponsor and the SPV may earn 1,687,500 newly issued
shares of Pubco Class A Common Stock (or 3,375,000 shares in total) based on the performance of Pubco Class A Common Stock
during the three-year following the Closing, as follows: in the event that the VWAP of Pubco Class A Common Stock equals or exceeds
the prices set forth below for any 20 trading days within any consecutive 30 trading days during the specified earnout period, each of
the Sponsor and the SP