Exhibit 4.8


 


INVESTOR RIGHTS AGREEMENT


 


This INVESTOR RIGHTS AGREEMENT (this “Agreement”),
dated as of April 4, 2022, by and among (i) Westrock Coffee Holdings, LLC, a Delaware limited liability company (the “Company”),
(ii) Westrock Group, LLC, The Stephens Group, LLC, and Sowell Westrock, L.P. (collectively, “Initial WCC Investors”),
(iii) BBH Capital Partners V, L.P., BBH Capital Partners V-A, L.P., and BBH CPV WCC Co-Investment LLC (collectively, “Initial
BBH Investors”), and (iv) Riverview Sponsor Partners, LLC (the “Initial RVAC Investor”).  Each
of the Company or Corporation (as defined below), as applicable, the WCC Investors, the BBH Investors and the RVAC Investors are sometimes
referred to as a “Party”. This Agreement shall be effective only as provided in Section 27.


 


WHEREAS, the Company is party to that certain Transaction
Agreement, dated as of April 4, 2022, by and among the Company, Origin Merger Sub I, Inc., a Delaware corporation, Origin Merger
Sub II, LLC, a Delaware limited liability company, and Riverview Acquisition Corp., a Delaware corporation (as it may be amended or supplemented
from time to time, the “Transaction Agreement”);


 


WHEREAS, prior to the closing of the transactions
contemplated by the Transaction Agreement (the “Closing”), the Company shall convert under the Delaware Limited Liability
Company Act and the Delaware General Corporation Law, pursuant to the terms of the Transaction Agreement, from a Delaware limited liability
company to a Delaware corporation (the Company, as so converted, the “Corporation”);


 


WHEREAS, each of the Initial WCC Investors, Initial
BBH Investors and the Initial RVAC Investor are subject to certain restrictions on the transfer of their shares of Common Stock and Preferred
Stock, pursuant to the terms of their respective lock-up agreements with the Company; and


 


WHEREAS, pursuant to and in connection with the
signing of the Transaction Agreement, the Parties wish to enter into this Agreement in accordance with the terms set forth herein, with
this Agreement to be effective only as provided in Section 27.


 


NOW, THEREFORE, in consideration of the promises
and of the mutual consents and obligations hereinafter set forth, the Parties hereto hereby agree as follows:


 


Section 1               Definitions; Interpretation.


 


(a)          Definitions.
As used herein, the following terms shall have the following respective meanings:


 


“Affiliate” means,
as to any Person, any other Person or entity who directly, or indirectly through one or more intermediaries, controls, is controlled by
or is under common control with such Person, and also, with respect to a Person who is a natural person, any member of the immediate family
of such individual, including such individual’s child, stepchild, grandchild, parent, stepparent, grandparent, spouse, sibling,
mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law or sister-in-law, and any other Person who lives in such individual’s
household and any trust whose primary beneficiary is such individual or one or more members of such immediate family and/or such individual’s
lineal descendants; provided that, with respect to any Investor, the term “Affiliate” shall not include any portfolio
companies of such Investor or its Affiliates (including the Corporation and its Subsidiaries), and with respect to any Investor that is
managed or controlled by a private equity company or investment firm (a “Sponsor”), the limited partners of the funds which
own interests in the Investor shall not be deemed Affiliates of the Investor unless such limited partners are controlled by the Sponsor
for such Investor.  As used in this definition, the term “control,” including the correlative terms “controlling,”
 “controlled by” and “under common control with,” means possession, directly or indirectly, of the power to direct
or cause the direction of management or policies (whether through ownership of securities or any partnership or other ownership interest,
by contract or otherwise) of a Person.


 






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“as-converted basis”
means, as of any determination time, with respect to shares of Preferred Stock, the number of shares of Common Stock that would be obtained
from converting such shares of Preferred Stock into shares of Common Stock pursuant to Section 9 of Exhibit A to the Charter
as if such determination date were the Conversion Date (as defined therein).


 


“BBH Entity” means,
collectively, the BBH Investors and each of their respective Affiliates.


 


“BBH Investors” means
the Initial BBH Investors and any controlled Affiliate of Brown Brothers Harriman & Co. that becomes an owner of any shares of
Common Stock or Preferred Stock from the Initial BBH Investors or another BBH Investor and becomes a party to this Agreement pursuant
to Section 25, so long as such Person remains a controlled Affiliate of Brown Brothers Harriman & Co.


 


“BBH Majority” means
the BBH Investors then owning a majority of the shares of Common Stock and Preferred Stock (on an as-converted basis to Common Stock)
held by all BBH Investors.


 


“Board” means the
board of directors of the Corporation.


 


“Business Day” means
a day, other than a Saturday or Sunday, on which commercial banks in New York, New York and Little Rock, Arkansas are open for the general
transaction of business; provided that banks shall be deemed to be generally open for the general transaction of business in the
event of a “shelter in place” or similar closure of physical branch locations at the direction of any governmental authority
if such banks’ electronic funds transfer system (including for wire transfers) are open for use by customers on such day.


 


“Bylaws” means the
Bylaws of the Corporation, as amended from time to time.


 


“Charter” means the
Certificate of Incorporation of the Corporation, as amended from time to time.


 


“Class I” means
the class of the Board designated as Class I under the Charter.


 






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“Class II” means
the class of the Board designated as Class II under the Charter.


 


“Class III” means
the class of the Board designated as Class III under the Charter.


 


“Common Stock” means
the common stock, par value $0.01 per share, of the Corporation.


 


“Competitor” means
any of the Persons listed on Schedule B as a “Competitor” and any Person who, to the knowledge of the applicable Investor,
is an Affiliate or successor thereof, including any entity that acquires a controlling interest in a Competitor.


 


“DGCL” means the Delaware
General Corporation Law.


 


“Escalation Event”
means (i) any event of default for a failure to make payment when due under the principal credit facility of the Corporation (which
on the date hereof is the WF Credit Facility) (after giving effect to any waiver, forbearance or grace period) or (ii) the occurrence
of a Blocked Redemption Event (as defined in Exhibit A to the Charter)].


 


“Group” has the meaning
set forth in Section 13(d)(3) of the Securities Exchange Act.


 


“Investors” means
the WCC Investors, the BBH Investors and the RVAC Investors, and each an “Investor”.


 


“Investor Designator”
means (i) with respect to the WCC Investors, the WCC Majority, (ii) with respect to the BBH Investors, the BBH Majority, and
(iii) with respect to the RVAC Investors, the RVAC Majority.


 


“Investor Directors”
means the WCC Directors, the BBH Directors and the WCC Directors, and each an “Investor Director”.


 


“Minimum Offering Price”
means $10.00 per share of Common Stock, adjusted to take into account any stock split, stock dividend, combination or similar recapitalization
affecting the Common Stock following the date hereof.


 


“Minimum Price” means
$18.50 per share of Preferred Stock, adjusted to take into account any stock split, stock dividend, combination or similar recapitalization
affecting the Preferred Stock following the date hereof.


 


“NASDAQ” means the
securities trading exchange operating under that name operated by NASDAQ OMX Group, Inc., including its Global Select Market, its
Global Market and its Capital Market, as applicable to any specific securities.


 


“Outstanding Stock”
means, as of any determination date, the sum of the (x) the outstanding shares of Common Stock on such determination date and (y) the
outstanding shares of Preferred Stock on an as-converted basis to Common Stock at the Conversion Rate (as defined in Exhibit A to
the Charter) applicable on such determination date.


 






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“Person” shall be
construed broadly and shall include an individual, a partnership, a limited liability company, a corporation, an association, a joint
stock company, a trust, a joint venture, an unincorporated organization, any other entity or a governmental entity.


 


“Preferred Stock”
means the Series A Convertible Preferred Stock, par value $0.01 per share, of the Corporation.


 


“Representatives”
means, with respect to any Person, its officers, directors, principals, partners, managers, members, employees, consultants, agents, financial
advisors, investment bankers, attorneys, accountants, other advisors and other representatives.


 


“RVAC Investors” means
the Initial RVAC Investor and any controlled Affiliate of Brad Martin that becomes an owner of any shares of Common Stock from the Initial
RVAC Investor or another RVAC Investor and becomes a party to this Agreement pursuant to Section 26, so long as such Person
remains a controlled Affiliate of Brad Martin.


 


“RVAC Majority” means
the RVAC Investors then owning a majority of the shares of Common Stock held by all RVAC Investors.


 


“RVAC Reference Group”
means, collectively, the RVAC Investors, the holders of Common Stock set forth on Schedule C hereto, and any of their Affiliates
who subsequently beneficially own shares of Common Stock.


 


“SEC” means the U.S.
Securities and Exchange Commission or any successor governmental agency.


 


“Securities Act” means
the Securities Act of 1933, as amended, or any successor federal statute, and the rules and regulations of the SEC thereunder, all
as the same shall be in effect at the time.


 


“Securities Exchange Act”
means the Securities Exchange Act of 1934, as amended, or any successor federal statute, and the rules and regulations of the SEC
thereunder, all as the same shall be in effect at the time.


 


“Specified BBH Individuals”
means Patrick Kruczek and Matt Salsbury.


 


“Subsidiary” means,
with respect to any Person, any corporation of which a majority of the total voting power of shares of stock entitled (without regard
to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or controlled,
directly or indirectly, by such Person or one or more of the other Subsidiaries of such Person or a combination thereof, or any partnership,
association or other business entity of which a majority of the partnership or other similar ownership interest is at the time owned or
controlled, directly or indirectly, by such Person or one or more Subsidiaries of such Person or a combination thereof.  For purposes
of this definition, a Person is deemed to have a majority ownership interest in a partnership, association or other business entity if
such Person is allocated a majority of the gains or losses of such partnership, association or other business entity or is or controls
the managing director or general partner of such partnership, association or other business entity.  For avoidance of doubt, the
Corporation shall not be deemed to be a Subsidiary of any Investor for purposes of this Agreement.


 






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“Voting Securities”
means shares of Common Stock, Preferred Stock and any other securities of the Corporation entitled to vote generally at any annual or
special meeting of the Corporation’s stockholders.


 


“WCC Investors” means
the Initial WCC Investors and any Affiliate of Joe Ford, Scott Ford, Witt Stephens, Jim Sowell or their respective families that becomes
an owner of any shares of Common Stock from the Initial WCC Investors or another WCC Investor and becomes a party to this Agreement pursuant
to Section 24, so long as such Person remains an Affiliate of Joe Ford, Scott Ford, Witt Stephens, Jim Sowell or their families.


 


“WCC Majority” means
the WCC Investors then owning a majority of the shares of Common Stock held by all WCC Investors.


 


“WF Credit Agreement”
means the credit agreement, as of the date of the Closing, for the WF Credit Facility, and regardless of whether such WF Credit Agreement,
or any term thereof, subsequently lapses, is terminated, amended or modified, provided that the Corporation and the BBH Investors shall
negotiate in good faith the applicability of any subsequent amendment or modification to the WF Credit Agreement to this Agreement in
good faith, taking into account the passage of time and any changes in facts and circumstances as they relate to the Corporation and its
Affiliates.


 


“WF Credit Facility”
means the credit facility to be entered into by the Company pursuant to the terms of that certain Commitment Letter, dated April 4,
2022 (the “WF Commitment Letter”), by and between Westrock Coffee Company, LLC and Wells Fargo Bank, National Association
and Wells Fargo Securities, LLC .


 


(b)          Other
Defined Terms:


 


	Term	Section
	 	 
	Agreement	Preamble
	BBH Directors	Section 2(b)
	BBH Observer	Section 2(k)
	Chosen Courts	Section 12(b)
	Closing	Recitals
	Company	Preamble
	Corporation	Recitals
	Excluded Issuance	Section 9(a)
	Independence Requirement	Section 2(b)(i)
	Information	Section 5
	Initial BBH Investors	Preamble
	Initial RVAC Investor	Preamble
	Initial WCC Investors	Preamble
	New Credit Facility	Section 4
	Party	Preamble
	Proposed Securities	Section 9(b)
	Representatives	Section 2(c)
	RVAC Directors	Section 2(c)
	Transaction Agreement	Recitals
	WCC Directors	Section 2(a)


 






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(c)          Interpretation. 
The Parties have participated jointly in negotiating and drafting this Agreement.  In the event that an ambiguity or a question of
intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the Parties, and no presumption or burden
of proof shall arise favoring or disfavoring any Party by virtue of the authorship of any provision of this Agreement.  When a reference
is made in this Agreement to Articles, Sections, Exhibits or Schedules, such reference shall be to an Article or Section of
or Exhibit or Schedule to this Agreement unless otherwise indicated.  The table of contents and headings contained in this Agreement
are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement.  Whenever the words
 “include,” “includes” or “including” are used in this Agreement, they shall be deemed to be followed
by the words “without limitation.”  The word “or” shall not be exclusive.  References to “the
date hereof” shall mean the date of this Agreement.  Whenever the context requires, the gender of all words used herein shall
include all genders, and the number of all words shall include the singular and plural.


 


Section 2        
      Board of Directors.


 


(a)          Nomination
of Directors by WCC Investors.  The WCC Majority shall have the right, but not the obligation, to designate for inclusion in
the Company’s slate of individuals to be nominated for election to the Board:


 


(i)          
up to two (2) directors (of which, so long as the Board is classified, one (1) director shall be for Class I and one (1) director
shall be for Class III), so long as the WCC Investors collectively beneficially own at least 10% of the Outstanding Stock; and


 


(ii)          up
to one (1) director (which such director shall be for Class III so long as the Board is classified), so long as the WCC Investors
collectively beneficially own at least 5% of the Outstanding Stock but less than 10% of the Outstanding Stock.


 


The directors designated pursuant to the foregoing
clauses (i) through (ii), together with any replacements to such directors appointed pursuant to Section 2(f) of
this Agreement, shall hereinafter be referred to as the “WCC Directors”.  It is hereby agreed that the initial
WCC Directors shall be Joe Ford (Class I) and Scott Ford (Class III).


 






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(b)          Nomination
of Directors by BBH Investors. The BBH Majority shall have the right, but not the obligation, to designate for inclusion in the Company’s
slate of individuals to be nominated for election to the Board:


 


(i)      
     up to two (2) directors (of which, so long as the Board is classified, one (1) director shall be for Class II
and one (1) director shall be for Class III), so long as the BBH Investors collectively beneficially own at least 10% of the
Outstanding Stock, provided that all directors designated pursuant to this provision shall be “independent” within
the meaning of the NASDAQ listing standards (or applicable requirements of such other national securities exchange designated as the primary
market on which the Common Stock is then listed for trading) (such independence requirement, the “Independence Requirement”); 
and


 


(ii)          up
to one (1) director (which such director shall be for Class III so long as the Board is classified), so long as the BBH Investors
collectively beneficially own at least 5% of the Outstanding Stock but less than 10% of the Outstanding Stock, provided that the director
designated pursuant to this provision shall satisfy the Independence Requirement.


 


The directors designated pursuant to the foregoing
clauses (i) through (ii), together with any replacements to such directors appointed pursuant to Section 2(f) of
this Agreement, shall hereinafter be referred to as the “BBH Directors”.  It is hereby agreed that the BBH Directors
as of the date hereof shall be Patrick Kruczek (Class II) and Hugh McColl, III (Class III) .


 


(c)          Nomination
of Directors by RVAC Investors. The RVAC Majority shall have the right, but not the obligation, to designate for inclusion in the
Company’s slate of individuals to be nominated for election to the Board:


 


(i)        
   up to two (2) directors (of which, so long as the Board is classified, one (1) director shall be for Class I and
one (1) director shall be for Class II), so long as the RVAC Reference Group collectively beneficially owns at least 10% of
the Outstanding Stock, provided that all directors designated pursuant to this provision shall satisfy the Independence Requirement, provided
that such requirement shall not apply with respect to Brad Martin so long as he is the director designated pursuant to this provision;
and


 


(ii)          up
to one (1) director (which such director shall be for Class II so long as the Board is classified), so long as the RVAC Reference
Group collectively beneficially own at least 5% of the Outstanding Stock but less than 10% of the Outstanding Stock, provided that the
director designated pursuant to this provision shall satisfy the Independence Requirement, provided that such requirement shall not apply
with respect to Brad Martin so long as he is the director designated pursuant to this provision.


 


The directors designated pursuant to the foregoing
clauses (i) through (ii), together with any replacements to such directors appointed pursuant to Section 2(f) of
this Agreement, shall hereinafter be referred to as the “RVAC Directors”.  It is hereby agreed that the RVAC Directors
as of the date hereof shall be Brad Martin (Class II) and Mark Edmunds (Class I) .


 






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(d)          Board
Size; Appointment of Remaining Directors. The Board shall consist of ten (10) directors.  Any increase to or decrease of
the size of the Board above or below ten (10) directors shall require the consent of each Investor Designator, so long as it has
the right to designate at least one (1) director pursuant to Section 2(a), Section 2(b) or Section 2(c),
as applicable. Directors for the board seats not designated pursuant to Section 2(a), Section 2(b) or Section 2(c) shall
initially be Josie Natori (Class II), Leslie Starr Keating (Class III), Toyin Umesiri (Class I), and Jeff Fox (Class III),
and any replacement or nominees for such seats shall thereafter be designated by the Nominating and Corporate Governance Committee of
the Board (it being understood that the appointment of the initial ten (10) directors of the Corporation are not subject to the consent
of the Nominating and Corporate Governance Committee), provided that each such nominee must satisfy the Independence Requirement. 
If an Investor Designator elects not to fill a board seat to which it is entitled, the Corporation shall take such actions as are reasonably
necessary to reduce the size of the Board until such time as such Investor Designator determines to fill such seat at which time, the
Corporation shall take such actions as are reasonably necessary to correspondingly increase the size of the Board.  For so long as
the restrictions set forth in Section 4 apply with respect to an Investor, such Investor and its Affiliates shall not be entitled
to designate any directors other than pursuant to Section 2(a), Section 2(b) or Section 2(c),
as applicable.


 


(e)          Election
of Directors. The Corporation shall use reasonable best efforts to cause all designees timely designated pursuant to Section 2(a),
Section 2(b), Section 2(c) or Section 2(d) to be included in the slate of nominees recommended by the Board (which
slate shall include a number of nominees equal to the number of director positions to be filled) to the Corporation’s stockholders
for election as directors at each annual meeting of the stockholders of the Corporation (and/or in connection with any election by written
consent (if permitted under the Charter and/or the Bylaws) or at a special meeting of the stockholders of the Corporation), and the Corporation
shall use reasonable best efforts to cause the election of each such nominee, including soliciting proxies in favor of the election of
such nominees, in each case subject to applicable law. The Corporation will be required to use the same level of efforts and provide the
same level of support to all director nominees of the Corporation with respect to election to the Board of such nominees at the applicable
annual meeting of stockholders or action by written consent in lieu of such meeting. Failure of the stockholders of the Corporation to
elect any Investor Director to the Board shall not affect the right of the applicable Investor Designators to designated directors for
election pursuant to Section 2(a), Section 2(b), and Section 2(c), as applicable, in any future election of directors.


 


(f)          Replacement
of Directors. In the event that a vacancy is created at any time by the death, disqualification, resignation (other than pursuant
to Section 2(i)), removal or failure to be elected by the Corporation’s stockholders (and no other director has been
elected by the stockholders of the Corporation to fill such vacancy) of an Investor Director designated pursuant to Section 2(a),
Section 2(b), or Section 2(c), as applicable, or designated pursuant to this Section 2(f), the applicable
Investor Designator shall have the right to designate a replacement to fill such vacancy for such Investor Director consistent with the
provisions of Section 2(a), Section 2(b), or Section 2(c), as applicable (including being reasonably
acceptable to the Board, excluding such Investor Designator’s designated directors), and if such Investor Designator exercises such
right, the Board shall use reasonable best efforts to cause such designee to be promptly appointed to the Board to fill such vacancy,
subject to applicable law.


 






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(g)          Policies
and Procedures; Indemnification. The election or appointment and service of each Investor Director shall be subject to the
policies and requirements of the Corporation and the Board in a manner consistent with the application of such policies and
requirements to other members of the Board (including as to the timing and contents of any nomination questionnaire or other
information disclosure), including for all such appointments or elections after the election or appointment of the Investor
Directors as of the date hereof, the approval of the Nominating and Corporate Governance Committee of the Board.  If the
Nominating and Corporate Governance Committee of the Board does so not approve a designee, the applicable Investor Designator will
have the exclusive right to designate a replacement who shall be treated for all purposes as such Investor Designator’s
designee hereunder, subject to the approval process described in this Section 2(g).  Each Investor Director shall
be entitled to the same rights, privileges and compensation applicable to all other non-employee members of the Board generally or
to which all such members of the Board are entitled.  In furtherance of the foregoing, the Corporation shall indemnify,
exculpate and reimburse fees and expenses of the Investor Directors (including by entering into an indemnification agreement in form
substantially similar to the Corporation’s form of director indemnification agreement (if any)) and provide the Investor
Directors with director and officer insurance to the same extent it indemnifies, exculpates, reimburses and provides insurance for
the other members of the Board pursuant to the Charter, Bylaws, applicable law or otherwise.  The Corporation will reimburse
the Investor Directors and BBH Observer for their respective reasonable and documented out-of-pocket expenses incurred in connection
with travel to or from and attendance at each meeting of the Board.  Each Investor Director will receive the same director
compensation as each other non-executive director of the Board.


 


(h)          Committees. 
The Board shall determine the composition and make-up of the Audit Committee, the Compensation Committee, the Nominating and Corporate
Governance Committee, and any other committee of the Board; provided that, if requested by the BBH Majority and so long as the BBH Majority
has the right to designate at least one (1) director pursuant to Section 2(b), the Nominating and Corporate Governance
Committee shall, if  permitted by applicable law and stock exchange rules (including, without limitation, any applicable independence
requirements), include one (1) BBH Director selected by the BBH Majority.


 


(i)        
   Resignation.  If an Investor Designator loses the right to designate one (1) or more directors pursuant to this
Section 2, then immediately after the occurrence of such event, the Investor Designator and its applicable Investors shall
cause the number of such Investor Designator’s Investor Directors then serving on the Board in excess of the number of Investor
Directors that such Investor Designator is then entitled to designate pursuant to this Section 2 to tender their resignation
to the Board, which such resignation may be accepted or rejected in the sole discretion of the Board.  Once an Investor Designator
loses the right to designate one (1) or two (2) directors, it shall no longer have the right to designate such number of directors
pursuant to this Section 2.


 






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(j)          
Obligations of Investor Designees and Investor Directors.  The Corporation’s obligations with respect to the Investor
Directors and designees of an Investor Designator pursuant to this Section 2 shall in each case be subject to (A) such
Investor Director’s or designee’s (as applicable) satisfaction of all requirements regarding service as a director of the
Corporation under applicable law and stock exchange rules regarding service as a director of the Corporation and all other criteria
and qualifications for service as a director applicable to all non-executive directors of the Corporation, and (B) such Investor
Director or designee (as applicable) not being or becoming a Representative of a Competitor.  The Investor Designators will cause
each of their designees to make themselves reasonably available for interviews and to consent to such reference and background checks
or other investigations as the Board may reasonably request in order to determine such designee’s eligibility and qualification
to serve as contemplated hereunder.  No designee shall be eligible to serve as a director if they (x) have been involved in
any of the events enumerated under Item 2(d) or (e) of Schedule 13D under the Securities Exchange Act or Item 401(f), other
than Item 401(f)(1), of Regulation S-K under the Securities Act, or (y) are subject to any judgment prohibiting service as a director
of any public company.  In the event that an Investor Director becomes aware that they no longer satisfy all the requirements set
forth in (1) the immediately preceding sentence and (2) the first sentence of this Section 2(j), the Investor Director
shall immediately resign, and the applicable Investors shall immediately cause such Investor Director to resign, from the Board effective
immediately, and the applicable Investor Designator shall be entitled to designate a new Investor Director, subject to the terms of this
Section 2.  As a condition to each Investor Designator’s designee’s election to the Board or nomination for
election as a director of the Corporation, such designee must provide to the Corporation:  (i) all information reasonably requested
by the Corporation that is required to be or is customarily disclosed for directors, candidates for directors and their respective Affiliates
and representatives in a proxy statement or other filings in accordance with applicable Law, any stock exchange rules or listing
standards or the Charter, Bylaws or corporate governance guidelines; (ii) all information reasonably requested by the Corporation
in connection with assessing eligibility, independence and other criteria applicable to directors or satisfying compliance and legal or
regulatory obligations; and (iii) an undertaking in writing by the designee to be subject to, bound by and duly comply with a standard
confidentiality agreement in a form acceptable to the Corporation, the code of conduct and other policies of the Corporation, in each
case, solely to the extent applicable to all other non-executive directors of the Corporation.


 


(k)          Exclusion
of Directors and BBH Observer.  Notwithstanding any rights to be granted with respect to the Investor Directors or BBH Observer
hereunder, the Board may exclude any Investor Director or BBH Observer from access to any Board or committee materials or information
or meeting or portion thereof or written consent if the Board determines, in good faith, including such Investor Director or BBH Observer
in discussions relating to such determination (but not requiring the affirmative vote of such Investor Director), that such access would
reasonably be expected to result in a conflict of interest with the Corporation or would jeopardize the attorney-client or similar privilege;
provided, that such exclusion shall be limited to the portion of the Board or committee material or information and/or meeting or written
consent that is the basis for such exclusion and shall not extend to any portion of the Board or committee material and/or meeting that
does not involve or pertain to such exclusion.


 






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(l)        
   BBH Observer.    If the BBH Majority has the right to designate two (2) directors pursuant to Section 2(b)(i) and
neither of the BBH Directors are Specified BBH Individuals or if the BBH Majority has the right to designate one (1) director pursuant
to Section 2(b)(ii) and the BBH Director is not a Specified BBH Individual, the Board shall appoint one Specified BBH Individual
not serving as a BBH Director and designated by the BBH Majority as a non-voting observer to the Board (the “BBH Observer”). 
Subject to Section 2(k), the BBH Observer shall be entitled to attend any meeting of the Board or a committee of the Board
in a non-voting capacity. The BBH Observer shall be entitled to receive written notice of any meeting of the Board or committees of the
Board, and, to the extent permitted by applicable law, shall receive any materials made available to the Board or such committee, at the
same time as it is made available to the directors of the Board or committee of the Board, except to the extent the provision of such
materials would jeopardize the attorney-client or similar privilege, or to the extent the BBH Observer has a conflict of interest with
respect to the subject of such materials.  The provisions of this Section 2(l) and the position of the BBH Observer
shall terminate upon such time as the BBH Majority no longer has the right to designate a director for nomination pursuant to Section 2(b).


 


Section 3             
Directors’ and Officers’ Insurance.  The Corporation shall maintain directors’ and officers’ liability
insurance as determined by the Board.  The Corporation acknowledges and agrees that any BBH Directors who are partners, members,
employees, or consultants of any BBH Entity may have certain rights to indemnification, advancement of expenses and/or insurance provided
by the applicable BBH Entity (collectively, the “BBH Indemnitors”).  The Corporation acknowledges and agrees that
the Corporation shall be the indemnitor of first resort with respect to any indemnification, advancement of expenses and/or insurance
provided in the Charter, Bylaws and/or any indemnification agreements to any BBH Director in his or her capacity as a director of the
Corporation or any of its Subsidiaries (such that the Corporation’s obligations to such indemnitees in their capacities as directors
are primary and any obligation of the BBH Indemnitors to advance expenses or to provide indemnification or insurance for the same expenses
or liabilities incurred by such indemnitees are secondary).  Such indemnitees shall, in their capacities as directors, be entitled
to all the rights to indemnification, advancement of expenses and entitled to insurance to the extent provided under (i) Charter
and/or Bylaws in effect from time to time and/or (ii) such other agreement, if any, between the Corporation and such indemnitees,
without regard to any rights such indemnitees may have against the BBH Indemnitors.  No advancement or payment by the BBH Indemnitors
on behalf of such indemnitees with respect to any claim for which such indemnitees have sought indemnification, advancement of expenses
or insurance from the Corporation in their capacities as directors shall affect the foregoing and the BBH Indemnitors shall have a right
of contribution and/or be subrogated to the extent of such advancement or payment to all of the rights of recovery of such indemnitees
against the Corporation.


 






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Section 4             
Restricted Activities; Voting.


 


(a)          No
Investor or any controlled Affiliate of the controlling persons of such Investor shall, without the Corporation’s prior written
consent (and will not knowingly assist, form or become part of a Group or act in concert with other Persons to), directly or indirectly
through intermediaries, in any manner:


 


(i)          
make any public announcement, proposal or offer (including any “solicitation” of “proxies” as such terms are defined
or used in Regulation 14A of the Securities Exchange Act) with respect to, or otherwise solicit, seek or offer to effect (including, for
the avoidance of doubt, indirectly by means of communication with the press or media) (1) any business combination, merger, tender
offer, exchange offer, sale of all or substantially all assets or similar transaction, (2) any restructuring, recapitalization, liquidation
or similar transaction involving the Corporation or any of its Subsidiaries, or (3) any acquisition of any of the Corporation’s
loans, debt securities, equity securities or assets, or rights or options to acquire interests in any of the Corporation’s loans,
debt securities, equity securities or asset;


 


(ii)          seek
to control or change the management or the Board of the Corporation;


 


(iii)        
call any special meeting of stockholders of the Corporation or engage in any written consent of stockholders regarding the foregoing;
or


 


(iv)        publicly
disclose any intention, plan or arrangement prohibited by the foregoing or take any action that would or would reasonably be expected
to require the Corporation to make a public announcement regarding the possibility of a transaction or any of the events described in
this Section 4(a); or


 


(v)        
contest the validity of this Section 4(a) or make, initiate, take or participate in any demand, action (legal or otherwise)
or proposal to amend, waive or terminate any provision of this Section 4(a);


 


provided that this Section 4 shall
in no way limit the activities of (i) any director, officer or employee of the Corporation, so long as such activities are undertaken
in his or her capacity as a director of the Corporation, (ii) any Person in the exercise of their rights in respect of equity interests
of the Corporation (including to vote, Transfer or convert such equity interests) or (iii) to enforce any of its rights under this
Agreement, the Charter or any other agreement with the Corporation.


 






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(b)          The
Investors further agree they shall not, without the prior written consent of the Corporation, publicly request the Corporation to amend
or waive any provision of this Section 44 (including this sentence) or do so in a manner that would require the Corporation
to publicly disclose such request.  Notwithstanding anything to the contrary, nothing in this Section 44, shall prohibit
the Investors from communicating privately with the Corporation’s directors, officers or advisors, so long as such communications
are not intended to, and would not reasonably be expected to, require any public disclosure of such communications.


 


(c)          This
Section 4 shall automatically terminate with respect to an Investor on the first day after its applicable Investor Designator
no longer has the right to designate any directors for nomination pursuant to Section 2. Additionally, in the event that (i) the
Corporation publicly approves or publicly recommends, or publicly proposes to approve or recommend, any Fundamental Change (as defined
in Exhibit A to the Charter), or enters into a definitive agreement providing for a Fundamental Change ; (ii) any Person or
Group (other than the Corporation or its Subsidiaries) commences a tender offer or exchange offer for securities of the Corporation, which
is publicly supported, approved or recommended by the Board, which, if consummated, would result in a Fundamental Change ; or (iii) the
Board resolves publicly to engage in a formal process that is intended to result in a transaction, which, if consummated, would result
in a Fundamental Change, then this Section 4 shall automatically terminate, effective upon the occurrence of such event.


 


Section 5        
      Escalation Event Rights.


 


(a)          If
during the period during which BBH Majority has the right to designate at least one (1) director pursuant to Section 2(b),
from and after the date on which an Escalation Event is ongoing, the Corporation shall (x) not take any of the actions that shall
be set forth in the sections of the WF Credit Agreement corresponding to Items (a), (c), (d), (e), (f), (g), and (h) in the section
titled “Negative Covenants” in Exhibit B of the WF Commitment Letter that would, if taken without the consent
of the lenders under the WF Credit Facility, be in breach of the WF Credit Facility (such actions, the “Specified Escalation
Event Actions”); and (y) provide to the BBH Investors the same information it provides to the lenders under the WF Credit
Facility and at substantially the same time as it is provided to such lenders.  For the purposes of this Section 5(a),
an Escalation Event will be deemed to be ongoing in respect of a Blocked Redemption Event (as defined in Exhibit A of the Charter)
until such time as the Company redeems all securities that are the subject of such Blocked Redemption Event. Following entry into the
WF Credit Facility at Closing, the BBH Investors and the Corporation agree to negotiate in good faith to amend this paragraph to more
accurately reflect the intended sections of the WF Credit Agreement and to agree on the sections of the WF Credit Agreement corresponding
to Item (i) in the section titled “Negative Covenants” in Exhibit B of the WF Commitment Letter that will
be Specified Escalation Event Actions.


 


(b)        
  For the avoidance of doubt, no waiver of any right or obligation contained in the WF Credit Agreement by any party thereto shall
constitute a waiver of such provision for purposes of this Agreement.


 


(c)          If
following the date hereof, the Corporation replaces the WF Credit Facility with another credit facility (“New Credit Facility”),
the BBH Investors and the Corporation agree to negotiate in good faith to revise the restrictions set forth in this provision to reflect
the negative covenants and lender information right in the New Credit Facility.


 


Section 6             
Confidentiality.


 


Each Investor will hold, and will cause its Affiliates
and its and their respective directors, managers, officers, employees, agents, consultants and advisors to hold, in strict confidence,
unless disclosure to a regulatory authority is necessary in connection with any reasonably necessary regulatory approval, examination
or inspection or unless disclosure is requested or required by judicial or administrative process or by other requirement of law or the
applicable requirements of any regulatory agency or relevant stock exchange (in which case, other than in connection with a disclosure
in connection with a routine audit or examination by, or document request from, a regulatory or self-regulatory authority, bank examiner
or auditor, the party disclosing such information shall provide the other parties with prior written notice of such permitted disclosure
to the extent legally permitted), all non-public records, books, contracts, instruments, computer data and other data and information
(collectively, “Information”) concerning the Corporation furnished to such party by or on behalf of the Corporation
or its representatives (except to the extent that such information (a) was previously known by such party from other sources, provided
that such source was not known by such party to be bound by a contractual, legal or fiduciary obligation of confidentiality to the other
party in relation to such information, (b) becomes available to the public through no violation of this Section 6 by
such party, (c) is later lawfully acquired from other sources by the party to which it was furnished, or (d) is independently
developed without use of or reference to the Information), and neither party hereto shall release or disclose such Information to any
other Person, except its Representative (it being understood that each Investor will be responsible for any breach of the terms of this
Section 6 by any of its Representatives). Nothing herein shall prevent any Investor, or any of their respective Affiliates
which is a private equity or other investment fund from making customary disclosures to its current, future or potential investors, in
each case so long as the recipient of such information is subject to a customary written confidentiality agreement to keep such information
strictly confidential. Each Investor confirms that it is aware and that its Representatives have been advised that the United States securities
laws prohibit any Person who has material non-public information about a company from purchasing or selling securities of such company
on the basis of such information or from communicating such information to any other Person under circumstances in which it is reasonably
foreseeable that such Person may purchase or sell such securities.


 






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Section 7       
       Certain Hedging Restrictions.


 


For so long as the BBH Majority has the right to
designate at least one (1) director for nomination pursuant to Section 2(b), the BBH Investors and their controlled Affiliates
shall not make any short sale of, grant any option for the purchase of, or enter into any hedging or similar transaction with the same
economic effect as a short sale of or the purpose of which is to offset the loss that results from a decline in the market price of, any
shares of Preferred Stock or Common Stock, or otherwise establish or increase, directly or indirectly, a put equivalent position, as defined
in Rule 16a-1(h) under the Securities Exchange Act, with respect to any of the Preferred Stock or the Common Stock.


 


Section 8             
Certain Rights in a Redemption.


 


Unless waived in writing by the BBH Designators,
the Corporation shall not redeem any shares of Preferred Stock held by the BBH Investors pursuant to Section 6(b) of Exhibit A
of the Charter if the Corporation Redemption Price (as defined in the Charter) for the shares of Preferred Stock proposed to be redeemed
from the BBH Investors is less than the Minimum Price provided that the Corporation shall be entitled to redeem such shares in such a
case if it pays an incremental price per share on the redemption date to the BBH Investors for the shares of Preferred Stock proposed
to be redeemed from them equal to the difference between Minimum Price and the Corporation Redemption Price.


 






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Section 9             
Preemptive Rights.


 


(a)          For
the purposes of this Section 9, “Excluded Issuance” shall mean:  (i) the granting or issuance
of equity interests, including Common Stock, to directors, officers, employees, consultants, service providers or agents of the Corporation
(x) under employee benefit plans, programs or other employment arrangements of the Corporation or (y) pursuant to the employment
inducement exception to the NASDAQ rules regarding shareholder approval of equity compensation plans, including upon the exercise
of stock options, the vesting and settlement of restricted stock unit awards, and the vesting and/or settlement of other awards granted
under any such employee benefit plan, program or arrangement of the Corporation; (ii) the issuance of shares of equity securities
in connection with any “business combination” (as defined in the rules and regulations promulgated by the SEC) or otherwise
in connection with bona fide acquisitions of securities or assets of another Person, business unit, division or business, or to strategic
counterparties in connection with partnerships, joint ventures or similar strategic transactions, which transaction has been approved
by the Board of Directors; (iii) the issuance of shares of any equity securities pursuant to the conversion, exercise or exchange
of the Company Warrants (as defined in the Transaction Agreement),the Preferred Stock or any other equity interests of the Corporation;
(iv) the issuance of shares of equity securities in connection with a reclassification, recapitalization, exchange, stock split (including
a reverse stock split) combination or readjustment of shares or any stock dividend or stock distribution, or similar transaction and (v) the
issuance of any securities under the Company PIPE Subscription Agreements (as defined in the Transaction Agreement).


 


(b)          From
and after the date hereof, for so long as the BBH Designator has the right to designate at least one (1) director for nomination
pursuant to Section 2(b), if the Corporation proposes to issue equity interests or Common Stock of the Corporation (including
any warrants, options or other rights to acquire, or any securities that are exercisable for, exchangeable for or convertible into, Common
Stock or any class of security of the Corporation) (x) in an unregistered offering or sale to an unaffiliated third party or parties
or (y) at an offering price or implied offering price (in each case, prior to any underwriters’ discount and any other fees
and commissions) for the Common Stock that is less than the Minimum Offering Price, other than in each case in an Excluded Issuance, then
the Corporation shall:  (i) give written notice to the BBH Investors no fewer than fifteen (15) days prior to the closing of
such issuance, setting forth in reasonable detail (to the extent then known) (A) the designation and all of the material terms and
provisions of the securities proposed to be issued (the “Proposed Securities”); (B) the price and other terms
of the proposed sale of such securities (including the issuance date); and (C) the amount of such securities proposed to be issued;
provided that following the delivery of such notice, the Corporation shall deliver to the BBH Investors any such information the BBH Investors
may reasonably request in order to evaluate the proposed issuance, except that the Corporation shall not be required to deliver any information
that has not been or will not be provided to the proposed purchasers of the Proposed Securities; and (ii) offer to issue and sell
to the BBH Investors, on such terms as the Proposed Securities are issued and upon full payment by the BBH Investors, a number of such
Proposed Securities (which number may be any number up to but not exceeding a portion of the Proposed Securities equal to the percentage
determined by dividing (A) the number of shares of Common Stock and Preferred Stock (on an as-converted basis to Common Stock as
of the date of the closing of the issuance of the Proposed Securities) the BBH Investors beneficially own by (B) the fully diluted
total number of shares of Common Stock then outstanding (including, for avoidance of doubt, conversion of all issued and outstanding securities
then convertible into Common Stock and the exercise of all then outstanding options and warrants to purchase shares of Common Stock at
the applicable conversion price or exercise price applicable on the date of the closing of the issuance of the Proposed Securities)).


 






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(c)          The
BBH Designator will have the option, on behalf of the BBH Investors, exercisable by written notice to the Corporation, to accept the Corporation’s
offer and irrevocably commit to purchase any or all of the equity securities offered to be sold by the Corporation to the BBH Investors,
which notice must be given within five (5) days after receipt of such notice from the Corporation.  The closing of the exercise
of such subscription right shall take place simultaneously with the closing of the sale of the Proposed Securities giving rise to such
subscription right; provided, that the closing of any purchase by any BBH Investors may be extended beyond the closing of the sale of
the Proposed Securities giving rise to such preemptive right to the extent necessary to obtain required approvals from any governmental
authority or stockholder approval, including to the extent required under the rules of the NASDAQ.  Upon the expiration of the
offering period described above, the Corporation will be free to sell such Proposed Securities that the BBH Investors have not elected
to purchase during the one hundred and twenty (120) days following such expiration on terms and conditions not materially more favorable
to the purchasers thereof than those offered to the BBH Investors in the notice delivered in accordance with Section 9(b). 
Any Proposed Securities offered or sold by the Corporation after such one hundred and twenty (120) -day period shall be reoffered to the
BBH Investors pursuant to and in accordance with this Section 9.


 


(d)          The
election by the BBH Designator not to exercise its subscription rights under this Section 9 in any one instance shall not
affect its right as to any subsequent proposed issuance.


 


(e)          Notwithstanding
anything in this Section 9 to the contrary, the Corporation will not be deemed to have breached this Section 9
if (i) the Board determines that it is reasonably necessary for the Corporation to issue any Proposed Securities without previously
complying with the provisions of this Section 9, so as to be able to raise capital in a situation of financial distress (as
reasonably determined by the Board) where a delay in obtaining such funding would seriously jeopardize the financial viability of the
Corporation (as reasonably determined by the Board) and (ii) not later than thirty (30) Business Days following the issuance of any
Proposed Securities in contravention of this Section 9, the Corporation or the transferee of such Proposed Securities offers
to sell a portion of such equity securities or additional equity securities of the type(s) in question to the BBH Investors so that,
taking into account such previously issued securities and any such additional securities, the BBH Investors will have had the right to
purchase or subscribe for securities in a manner consistent with the allocation and other terms and upon same economic and other terms
provided for in Section 9(b) and Section 9(c).


 






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Section 10        
    Section 16b-3.  So long as (i) an Investor has the right to designate an Investor Director, (ii) an
Investor and/or any Affiliate owns, directly or indirectly, at least 10% of the outstanding Common Stock (including on an as-converted
basis) or (iii) any investor or other equity-holder in an Investor who is an “executive officer” or person who is a “director”
or a “director by deputization” required to comply with Section 16 of the Securities Exchange Act directly or indirectly
holds any Common Stock or receives any Common Stock from the Investor, the Board shall take such commercially reasonable action as is
reasonably necessary to cause the exemption of any acquisition or disposition of Preferred Stock, Common Stock or any other equity securities
by such person from the liability provisions of Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3 (so
long as such exemption is not prohibited by applicable law).  For the avoidance of doubt, the Corporation shall pass one or more
exemptive resolutions by the Board each time there is any purported acquisition or disposition of Preferred Stock, Common Stock or any
equity securities by such person with requisite specificity to exempt such persons from the liability provisions of Section 16(b) of
the Securities Exchange Act pursuant to Rule 16b-3.


 


Section 11        
    Rule 144.  The Corporation covenants that so long as the Common Stock or Preferred Stock is registered pursuant
to Section 12(b), Section 12(g) or Section 15(d) of the Securities Exchange Act, it will use reasonable best
efforts (i) to file any and all reports required to be filed by it under the Securities Act and the Securities Exchange Act (or,
if the Corporation is not required to file such reports, to publicly make available such necessary information for so long as necessary
to permit sales pursuant to Rule 144, Rule 144A or Regulation S under the Securities Act) and (ii) to take such further
action as the  Investors may reasonably request, all to the extent required from time to time to enable the Investors to sell shares
of Common Stock or Preferred Stock without registration under the Securities Act within the limitation of the exemptions provided by Rule 144,
Rule 144A or Regulation S under the Securities Act, as such rules may be amended from time to time, or any similar rule or
regulation hereafter adopted by the SEC.


 


Section 12           
Duration of Agreement.


 


This Agreement shall terminate automatically upon
the dissolution of the Corporation (unless the Corporation (or its successor) continues to exist after such dissolution as a limited liability
company or in another form, whether incorporated in Delaware or another jurisdiction). Any WCC Investor, BBH Investor or RVAC Investor
who disposes of all of its Common Stock or Preferred Stock shall automatically cease to be a Party to this Agreement and have no further
rights or obligations hereunder as a WCC Investor, BBH Investor or RVAC Investor, as applicable.


 


Section 13           
Severability.


 


Whenever possible, each provision or portion of
any provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision
or portion of any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law
or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other provision or portion of any
provision in such jurisdiction, and this Agreement shall be reformed, construed and enforced in such jurisdiction such that the invalid,
illegal or unenforceable provision or portion thereof shall be interpreted to be only so broad as is enforceable.


 






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Section 14      
      Governing Law; Jurisdiction.


 


(a)          This
Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to any applicable conflicts
of law principles.


 


(b)          Each
Party agrees that it will bring any action or proceeding in respect of any claim arising out of or related to this Agreement or the transactions
contemplated hereby exclusively in the Delaware Court of Chancery and any state appellate court therefrom within the State of Delaware
or, if the Delaware Court of Chancery declines to accept jurisdiction over a particular matter, any federal or state court of competent
jurisdiction located in the State of Delaware (the “Chosen Courts”), and, solely in connection with claims arising
under this Agreement or the transactions that are the subject of this Agreement, (i) irrevocably submits to the exclusive jurisdiction
of the Chosen Courts, (ii) waives any objection to laying venue in any such action or proceeding in the Chosen Courts, (iii) waives
any objection that the Chosen Courts are an inconvenient forum or do not have jurisdiction over any party and (iv) agrees that service
of process upon such party in any such action or proceeding will be effective if notice is given in accordance with Section 18.


 


Section 15        
    WAIVER OF JURY TRIAL.


 


EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY
WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH SUCH PARTY HEREBY
IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE EXTENT PERMITTED BY LAW AT THE TIME OF INSTITUTION OF THE APPLICABLE LITIGATION, ANY RIGHT
SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT
OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT.  EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT:  (I) NO REPRESENTATIVE,
AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION,
SEEK TO ENFORCE THE FOREGOING WAIVER, (II) EACH PARTY UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (III) EACH
PARTY MAKES THIS WAIVER VOLUNTARILY, AND (IV) EACH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE
MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 15.


 


Section 16        
    Stock Dividends, Etc.


 


The provisions of this Agreement shall apply to
any and all shares of capital stock of the Corporation or any successor or assignee of the Corporation (whether by merger, consolidation,
sale of assets or otherwise) which may be issued in respect of, in exchange for or in substitution for the shares of Common Stock or Preferred
Stock, by reason of any stock dividend, split, reverse split, combination, recapitalization, reclassification, merger, consolidation or
otherwise in such a manner and with such appropriate adjustments as to reflect the intent and meaning of the provisions hereof and so
that the rights, privileges, duties and obligations hereunder shall continue with respect to such capital stock of the Corporation as
so changed.


 






    17


     


    

 


Section 17        
    Benefits of Agreement.


 


This Agreement shall be binding upon and inure
to the benefit of the Corporation and its successors and assigns and each Investor and its permitted assigns, legal representatives, heirs
and beneficiaries. Notwithstanding anything to the contrary contained herein, an Investor may assign its rights or obligations, in whole
or in part, under this Agreement to one or more of its controlled Affiliates. Except as otherwise expressly provided herein, no Person
not a party to this Agreement, as a third-party beneficiary or otherwise, shall be entitled to enforce any rights or remedies under this
Agreement.


 


Section 18        
    Notices.


 


All notices and other communications hereunder
shall be in writing and shall be deemed given if delivered personally (notice deemed given upon receipt), by e-mail transmission (notice
deemed given upon transmission if the email is sent by 5:00 p.m. Eastern Time or, if after, the day following the date of transmission),
mailed by registered or certified mail (return receipt requested) or delivered by an express courier (with confirmation) (notice deemed
given upon receipt of proof of delivery) to the parties at the following addresses (or at such other address for such Party as shall be
specified by like notice):


 


(i)      
     If to the Corporation, to:


 


Westrock Coffee Company


100 River Bluff Drive, Suite 210


Little Rock, AR  72202


Attn:             Chief
Legal Officer


E-mail:
         mckinneyb@westrockcoffee.com



 


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


 


Wachtell, Lipton, Rosen & Katz


51
West, 52nd Street


New York, NY  10019


Attention:    Brandon C. Price


E-mail:         BCPrice@wlrk.com


 


(ii)          If
to any WCC Investor, to:


 


Westrock Group, LLC


100 River Bluff Drive, Suite 210


Little Rock, AR  72202


Attn:
             General Counsel


E-mail:         chris@westrockgroup.com



 






    18


     


    

 


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


 


Wachtell, Lipton, Rosen & Katz


51
West, 52nd Street


New York, NY  10019


Attention:    Brandon C. Price


E-mail:          BCPrice@wlrk.com


 


(iii)        
If to any BBH Investor, to:


 


c/o BBH Capital Partners V, L.P. / BBH Capital Partners
V-A, L.P.


140 Broadway


New York, New York 10005


Attn:       
       Jeffrey B. Meskin and Matthew H. Salsbury


E-mail:          jeffrey.meskin@bbh.com and matthew.salsbury@bbh.com



 


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


 


Sullivan & Cromwell LLP


125 Broad Street


New York, New York 10004


Attention:    Keith Pagnani


E-mail:
          pagnanik@sullcrom.com



 


(iv)        
If to any RVAC Investor, to:


 


Riverview Sponsor Partners, LLC


700 Colonial Road, Suite 101


Memphis, TN 38117


Attn:             Scott Imorde, President and Chief Executive Officer


E-mail:         scott@rbmvco.com



 


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


 


King & Spalding LLP


1185 Avenue of the Americas, 34th Floor


New York, NY 10036


Attention:    Keith Townsend



                     
   Kevin E. Manz


E-mail:          ktownsend@kslaw.com



                  
      kmanz@kslaw.com


 






    19


     


    

 


Section 19        
    Modification; Waiver.


 


Except as otherwise provided in Section 5(c),
this Agreement may be amended, modified or supplemented only by a written instrument duly executed by (a) the Corporation and (b) with
respect to any Investor, such Investor’s Investor Designator. No course of dealing between the Corporation or its Subsidiaries and
the Investors (or any of them) or any delay in exercising any rights hereunder will operate as a waiver of any rights of any Party to
this Agreement. The failure of any Party to enforce any of the provisions of this Agreement will in no way be construed as a waiver of
such provisions and will not affect the right of such Party thereafter to enforce each and every provision of this Agreement in accordance
with its terms.


 


Section 20       
     Entire Agreement.


 


Except as otherwise expressly provided herein,
this Agreement, together with the Charter, constitutes the entire agreement among the Parties pertaining to the subject matter hereof
and, except for the Transaction Agreement, supersedes all prior and contemporaneous agreements and understandings of the parties in connection
therewith, from and after the date of this Agreement. Unless otherwise provided herein, any consent required by any Person under this
Agreement may be withheld by such Person in such Person’s sole discretion.


 


Section 21           
Counterparts.


 


This Agreement may be executed in counterparts,
all of which shall be considered one and the same agreement and shall become effective when counterparts have been signed by each of the
Parties and delivered to the other Parties, it being understood that all parties need not sign the same counterpart.


 


Section 22        
    Delivery by Facsimile or Electronic Transmission.


 


This Agreement and any signed agreement or instrument
entered into in connection with this Agreement, and any amendments or waivers hereto or thereto, to the extent signed and delivered by
means of a facsimile machine or by e-mail delivery of a “.pdf” format data file, shall be treated in all manner and respects
as an original agreement or instrument and shall be considered to have the same binding legal effect as if it were the original signed
version thereof delivered in person.


 


Section 23           
Director and Officer Actions.


 


No director or officer of the Corporation shall
be personally liable to the Corporation or any stockholder of the Corporation as a result of any acts or omissions taken under this Agreement
in good faith.


 


Section 24       
     Additional WCC Investors.


 


Any Affiliate of Joe Ford, Scott Ford, Witt Stephens,
Jim Sowell or their families that becomes an owner of any shares of Common Stock from the Initial WCC Investors or another WCC Investor
shall become a party to this Agreement as a WCC Investor by executing and delivering a joinder to this Agreement, agreeing to be bound
by this Agreement, in form and substance reasonably satisfactory to the Corporation, and upon such admittance, Schedule A shall
be amended and restated to reflect changes to the entities that are WCC Investors.


 






    20


     


    

 


Section 25           
Additional BBH Investors.


 


Any controlled Affiliate of Brown Brothers Harriman &
Co. that becomes an owner of any shares of Common Stock or Preferred Stock from the Initial BBH Investors or another BBH Investor shall
become a party to this Agreement as a BBH Investor by executing and delivering a joinder to this Agreement, agreeing to be bound by this
Agreement, in form and substance reasonably satisfactory to the Corporation, and upon such admittance, Schedule A shall be amended
and restated to reflect changes to the entities that are BBH Investors.


 


Section 26           
Additional RVAC Investors.


 


Any controlled Affiliate of Brad Martin that becomes
an owner of any shares of Common Stock from the Initial RVAC Investor or another RVAC Investor shall become a party to this Agreement
as a RVAC Investor by executing and delivering a joinder to this Agreement, agreeing to be bound by this Agreement, in form and substance
reasonably satisfactory to the Corporation, and upon such admittance, Schedule A shall be amended and restated to reflect changes
to the entities that are RVAC Investors.


 


Section 27           
Effectiveness of Agreement.


 


This Agreement shall be effective upon the occurrence
of the Closing and shall be of no force and effect, and none of the Parties shall have any further obligations, if the Transaction Agreement
is terminated prior to the Closing.


 


[Signature Page Follows]


 






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The Parties have signed this Agreement as of the
date first written above.


 


	 	THE STEPHENS GROUP, LLC
	 	 
	 	By:	/s/ William W. Kilgore
	 	 	Name: William W. Kilgore
	 	 	Title: General Counsel
	 	 
	 	WESTROCK GROUP, LLC
	 	 
	 	By:	/s/ Scott T. Ford
	 	 	Name: Scott T. Ford
	 	 	Title:
	 	 
	 	SOWELL WESTROCK, L.P.
	 	 
	 	By:	/s/ Benjamin Lurie
	 	 	Name: Benjamin Lurie
	 	 	Title: Vice President
	 	 
	 	BBH CAPITAL PARTNERS V, L.P.
	 	 
	 	By:	BBH Private Capital Management V, LLC,
	 	 	General Partner of BBH Capital Partners V, L.P.
	 	 
	 	 	/s/ Jeffrey B. Meskin
	 	 	Name: Jeffrey B. Meskin
	 	 	Title: Partner of BBH & Co.,
	 	 	          Managing Member of BBH
	 	 	          Private Capital Management V, LLC
	 	 
	 	BBH CAPITAL PARTNERS V-A, L.P.
	 	 
	 	By:	BBH Private Capital Management V, LLC,
	 	 	General Partner of BBH Capital Partners V-A, L.P.
	 	 
	 	By:	/s/ Jeffrey B. Meskin
	 	 	Name: Jeffrey B. Meskin
	 	 	Title: Partner of BBH & Co.,
	 	 	          Managing Member of BBH 
	 	 	          Private Capital Management V, LLC 
	 	 
	 	BBH CPV WCC CO-INVESTMENT LLC
	 	 
	 	By:	BBH Private Capital Management V, LLC,
	 	 	General Partner of BBH CPV WCC Co-Investment LLC
	 	 
	 	By:	/s/ Jeffrey B. Meskin
	 	 	Name: Jeffrey B. Meskin
	 	 	Title: Partner of BBH & Co.,
	 	 	          Managing Member of BBH
	 	 	          Private Capital Management V, LLC
	 	 
	 	WESTROCK COFFEE HOLDINGS, LLC
	 	 
	 	By:	/s/ T. Christopher Pledger
	 	 	Name: T. Christopher Pledger
	 	 	Title: Chief Financial Officer
	 	 
	 	RIVERVIEW SPONSOR PARTNERS, LLC
	 	 
	 	By:	RBM Riverview, LLC,
	 	Its:	Managing Member
	 	 
	 	By:	/s/ R. Brad Martin
	 	 	Name: R. Brad Martin
	 	 	Title: Managing Member


 


[Signature Page to Investor Rights Agreement]


 






     


     


    

 


Schedule
A1


 


WCC INVESTORS


 


	Entity Name	Address	Common Stock Beneficially Owned
	 	 	 


 


BBH INVESTORS


 


	Entity Name	Address	
    Common Stock

    Beneficially Owned
	
    Preferred Stock

    Beneficially Owned

	 	 	 	 


 


RVAC INVESTORS


 


	Entity Name	Address	Common Stock Beneficially Owned
	 	 	 


 





 






1 To
be filled at closing.