EXHIBIT
10.3(a)


 


AMENDMENT
NO. 2

TO INVESTMENT MANAGEMENT TRUST AGREEMENT


 


This
Amendment No. 2 (this “Amendment”), dated as of June 4, 2018, to the Investment Management Trust Agreement (as defined
below) is made by and among Jensyn Acquisition Corp., a Delaware corporation (the “Company”), and Continental Stock
Transfer & Trust Company (the “Trustee”). All terms used but not defined herein shall have the meanings assigned
to them in the Trust Agreement.


 


WHEREAS,
the Company and the Trustee entered into an Amended and Restated Investment Management Trust Agreement dated as of March 2, 2016
and amended by Amendment No. 1 thereto dated as of March 6, 2018 (the “Trust Agreement”);


 


WHEREAS,
Section 1(i) of the Trust Agreement sets forth the terms that govern the liquidation of the Trust Account under the circumstances
described therein;


 


WHEREAS,
at a special meeting of stockholders of the Company held on June 4, 2018, the Company stockholders approved (i) a proposal to
amend (the “Charter Amendment”) the Company’s amended and restated certificate of incorporation to provide that
the date by which the Company shall be required to effect a Business Combination shall be on or September 3, 2018 (the “
Extended Date”) and (ii) a proposal to extend the date on which to commence liquidating the Trust Account in the event the
Company has not consummated a business combination by the Extended Date; and


 


WHEREAS,
on the date hereof, the Company is filing the Charter Amendment with the Secretary of State of the State of Delaware.


 


NOW
THEREFORE, IT IS AGREED:


 


1.
Section 1(i) of the Trust Agreement is hereby amended and restated to read in full as follows:


 


“(i)
Commence liquidation of the Trust Account only after and promptly after receipt of, and only in accordance with, the terms of
a letter (“Termination Letter”), in a form substantially similar to that attached hereto as either Exhibit A or Exhibit
B, signed on behalf of the Company by its Chief Executive Officer or Chairman of the Board and Secretary or Assistant Secretary,
affirmed by counsel for the Company and, in the case of a Termination Letter in a form substantially similar to that attached
hereto as Exhibit A, acknowledged and agreed to by CCM, and complete the liquidation of the Trust Account and distribute the Property
in the Trust Account only as directed in the Termination Letter and the other documents referred to therein; provided, however,
that in the event that a Termination Letter has not been received by the Trustee by September 3, 2018, the Trust Account shall
be liquidated in accordance with the procedures set forth in the Termination Letter attached as Exhibit B hereto and distributed
to the Public Stockholders promptly after such date.”


 


2.
All other provisions of the Trust Agreement shall remain unaffected by the terms hereof.


 


3.
This Amendment may be signed in any number of counterparts, each of which shall be an original and all of which shall be deemed
to be one and the same instrument, with the same effect as if the signatures thereto and hereto were upon the same instrument.
A facsimile signature shall be deemed to be an original signature for purposes of this Amendment.


 


4.
This Amendment is intended to be in full compliance with the requirements for an Amendment to the Trust Agreement as required
by Section 6(c) of the Trust Agreement, and every defect in fulfilling such requirements for an effective amendment to the Trust
Agreement is hereby ratified, intentionally waived and relinquished by all parties hereto.


 


5.
This Amendment shall be governed by and construed and enforced in accordance with the laws of the State of New York, without giving
effect to conflicts of law principles that would result in the application of the substantive laws of another jurisdiction.


 


[Signature
Page Follows]


 




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IN
WITNESS WHEREOF, the parties have duly executed this Amendment to the Investment Management Trust Agreement as of the date first
written above.


 


	 	Continental
    Stock Transfer & Trust Company, as Trustee
	 	 	 
	 	By:	/s/
    Frances E. Wolf, Jr.
	 	Name:	Frances
    E. Wolf, Jr.
	 	Title:	 Vice
    President


 


	 	Jensyn
    Acquisition Corp.
	 	 	 
	 	By:	/s/
    Jeffrey J. Raymond
	 	Name:	Jeffrey
    J. Raymond
	 	Title:	President
    and Chief Executive Officer


 


[Signature
Page to Amendment No. 2 to the Investment Management Trust Agreement]





 











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EXHIBIT
D


[Letterhead
of Company]


[Insert
date]


 


Continental
Stock Transfer & Trust Company


17
Battery Place


New
York, New York 10004


Attn:
Cynthia Jordan, Accounting Department


 


Re:
Trust Account No. [  ] Stockholder Conversion Instruction


 


Ladies
and Gentlemen:


 


Pursuant
to Section 2(e) of the Amended and Restated Investment Management Trust Agreement between Jensyn Acquisition Corp. (the “
Company” ) and Continental Stock Transfer & Trust Company (the “Trustee”), dated as of March 2, 2016, as
amended (the “Trust Agreement”), the Company hereby requests that you deliver to the Public Stockholders who have
properly elected to have their Common Stock converted into cash in connection with the stockholder vote to approve an amendment
to the Company’s amended and restated certificate of incorporation to extend the time in which the Company must complete
a Business Combination or liquidate the Trust Account $ ___________ of the principal and interest income earned on the Property
as of the date hereof. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement.


 


You
are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter to the
accounts designated by such Public Stockholders:


 


	 	Very
    truly yours,
	 	 
	 	JENSYN
    ACQUISITION CORP.
	 	 
	 	By:	               
	 	Name:	
		Title:	







 






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