Exhibit 10.6


 


Business Combination Marketing Agreement
Fee Amendment


 


This Business Combination Marketing Agreement
Fee Amendment (this “Amendment”) is entered into as of February 14, 2020, by and between EarlyBirdCapital,
Inc. (“Advisor”) and TKK Symphony Acquisition Corporation, a Cayman Islands exempted company (the “Company).


 


WHEREAS, the Advisor
and the Company entered into that certain Business Combination Marketing Agreement, dated August 15, 2018 whereby the Advisor agreed
to assist the Company in connection with the Company’s business combination with one or more businesses or entities as described
in the Company’s Registration Statement on Form S-1 (File No. 333-226263);


 


WHEREAS, on September
6, 2019, (i) the Company, (ii) Glory Star New Media Group Limited, a Cayman Islands exempted company (“Glory Star”),
(iii) TKK Symphony Sponsor 1, a Cayman Islands exempted company, in the capacity as the Purchaser Representative thereunder, (iii)
Glory Star New Media (Beijing) Technology Co., Ltd., a Wholly Foreign-Owned Enterprise limited liability company incorporated in
the People’s Republic of China (“PRC”) and indirectly wholly-owned by Glory Star, (v) Xing Cui Can International
Media (Beijing) Co., Ltd., a limited liability company incorporated in the PRC, (vi) Horgos Glory Star Media Co., Ltd., a limited
liability company incorporated in the PRC, (vii) each of the shareholders of Glory Star named as sellers therein (“Sellers”),
and (viii) Zhang Bing, in the capacity as the Seller Representative thereunder, entered into that certain Share Exchange Agreement
(as amended from time to time, including without limitation by that certain Joinder to Share Exchange Agreement, dated as of November
1, 2019, the “Share Exchange Agreement”), pursuant to which, subject to the terms and conditions thereof, upon
the consummation of the transactions contemplated thereby (the “Closing”), among other matters, the Company
will acquire all of the issued and outstanding ordinary shares of Glory Star from the Sellers in exchange for newly issued shares
of the Company, subject to the withholding of the escrow shares being deposited in the escrow account in accordance with the terms
and conditions of the Share Exchange Agreement and the escrow agreement;


 


WHEREAS, a condition
to the obligations of Glory Star and Sellers is the receipt by Glory Star of a copy of a Business Combination Marketing Agreement
Fee Amendment to reduce the $8.8 million fee payable to the Advisor thereunder by an amount as mutually reasonably determined by
Glory Star and the Company; and


 


WHEREAS, the Company,
Glory Star and the Advisor have agreed to amend the fee payable to the Advisor under the Business Combination Marketing Agreement
to provide that the Advisor shall receive, in full satisfaction of any and all fees and expenses owed to it under the Business
Combination Marketing Agreement, a $4,000,000 promissory note of the Company, in substantially the form attached hereto as Exhibit
A, to be paid on the one year anniversary of the Closing (the “Note”).


 




    1


     


    

 


NOW, THEREFORE,
in consideration of the foregoing and the respective representations, warranties, covenants and agreements set forth below and
for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending
to be legally bound, do hereby agree as follows:



 


1. Fees.


 


1.1 Advisor and Company hereby
agree that no portion of the Fee (defined below) will be paid to any other advisor pursuant to the Business Combination Marketing
Agreement for assisting the Company in consummating the Business Combination.


 


1.2 Section 1(b) of the Business
Combination Marketing Agreement is hereby amended to delete such section in its entirety and replace it with the following:


 


“(b) As compensation for the foregoing services, the Company
will deliver the Note in the amount of $4,000,000 in substantially the form attached hereto as Exhibit A, payable on the one year
anniversary of the Closing (the “Fee”).”


 


1.3 Sections 1(c), 1(d) and
1(e) of the Business Combination Agreement shall be amended to delete such sections in their entirety and replace them with the
following: “[reserved]”


 


1.4 Section 2 of the Business
Combination Marketing Agreement is hereby amended to delete such section in its entirety.


 


2. Effectiveness.
This Amendment shall be binding upon each party upon such party’s execution and delivery of this Amendment, but this Amendment
shall only become effective upon the Closing. In the event that the Share Exchange Agreement is validly terminated in accordance
with its terms prior to the Closing, this Amendment and all rights and obligations of the parties hereunder shall automatically
terminate and become null and void, and the parties shall have no obligations hereunder.


 


3. Miscellaneous.
Except as expressly provided in this Amendment, all of the terms and provisions in the Business Combination Marketing Agreement
are and shall remain in full force and effect, on the terms and subject to the conditions set forth therein. This Amendment does
not constitute, directly or by implication, an amendment or waiver of any provision of the Business Combination Marketing Agreement,
or any other right, remedy, power or privilege of any party thereto, except as expressly set forth herein. This Amendment may be
executed in any number of original or facsimile counterparts, each one of which shall constitute an original, and together shall
constitute but one instrument.


 


[Signature Page Follows]


 




    2


     


    

 


IN WITNESS WHEREOF, each party hereto
has caused this Business Combination Marketing Agreement Fee Amendment to be signed and delivered by its respective duly authorized
officer as of the date first above written.


 


	 	The Company:
	 	 
	 	TKK SYMPHONY ACQUISITION CORP.
	 	 	 
	 	By: 	/s/ Steven Levine
	 	 	Name: Steven Levine
	 	 	Title: CEO
	 	 	 
	 	The Advisor:
	 	 
	 	EARLYBIRDCAPITAL, INC.
	 	 	 
	 	By: 	/s/ Sing Wang
	 	 	Name: Sing Wang
	 	 	Title: Chairman and CEO


 




    3


     


    

 


EXHIBIT A


 


 


 


 


 


 


 


 


 


4