Document:

Exhibit 10.2

 

PLACEMENT AGENCY AGREEMENT

 

July19, 2021

 

Data Storage Corporation

48 South Service Road

Melville, New York 11747

Attention: Charles M. Piluso, CEO

Email: cpiluso@datastoragecorp.com

 

Dear Mr. Piluso:

 

This letter (the
“Agreement”) constitutes the agreement by and between Maxim Group LLC (“Maxim” or the “Placement
Agent”) and Data Storage Corporation, a company incorporated under the laws of the State of Nevada (the “Company”),
pursuant to which the Placement Agent shall serve as the placement agent for the Company, on a “reasonable best efforts”
basis, in connection with the proposed placement (the “Placement”) of registered shares of common stock (the
“Shares”) of the Company, par value $0.001 per share (“Common Stock”) and unregistered warrants
to purchase shares of Common Stock (the “Warrants” and together with the Shares, the “Securities”).
The terms of the Placement and the Securities shall be mutually agreed upon by the Company and the purchasers (each, a “Purchaser”
and collectively, the “Purchasers”) and nothing herein constitutes that the Placement Agent would have the power
or authority to bind the Company or any Purchaser or an obligation for the Company to issue any Securities or complete the Placement.
This Agreement and the documents executed and delivered by the Company and the Purchasers in connection with the Placement, including
but not limited to the Purchase Agreement (as defined below) and the form of the Warrants, shall be collectively referred to herein
as the “Transaction Documents.” The date of the closing of the Placement shall be referred to herein as the
“Closing Date.” The Company expressly acknowledges and agrees that the obligations of the Placement Agent hereunder
are on a reasonable best efforts basis only and that the execution of this Agreement does not constitute a commitment by the Placement
Agent to purchase the Securities and does not ensure the successful placement of the Securities or any portion thereof or the success
of the Placement Agent with respect to securing any other financing on behalf of the Company. Following the prior written consent
of the Company, the Placement Agent may retain other brokers or dealers to act as sub-agents or selected-dealers on its behalf
in connection with the Placement. The sale of the Securities to any Purchaser will be evidenced by a securities purchase agreement
(the “Purchase Agreement”) between the Company and such Purchaser in a form mutually agreed upon by the Company
and the Placement Agent. Capitalized terms that are not otherwise defined herein have the meanings given to such terms in the Purchase
Agreement. Prior to the signing of any Purchase Agreement, executive officers of the Company will be available upon reasonable
notice and during normal business hours to answer inquiries from prospective Purchasers.

 

SECTION 1.
       REPRESENTATIONS AND WARRANTIES OF THE COMPANY; COVENANTS OF THE COMPANY.

 

A.            Representations
of the Company. Each of the representations and warranties (together with any related disclosure schedules thereto) and covenants
made by the Company to the Purchasers in the Purchase Agreement in connection with the Placement is hereby incorporated herein
by reference into this Agreement (as though fully restated herein) and is, as of the date of this Agreement and as of the Closing
Date, hereby made to, and in favor of, the Placement Agent. In addition to the foregoing, the Company represents and warrants that:

 

    	 

    	 

    

 

1.             The Company has
prepared and filed with the U.S. Securities and Exchange Commission (the “Commission”) a registration statement
on Form S-3 (Registration No. 333-257812), and any amendments thereto, and related preliminary prospectuses, for the
registration under the Securities Act of 1933, as amended (the “Securities Act”), of the Shares, which registration
statement, as so amended (including post-effective amendments, if any) became effective on July 16, 2021. At the time of such filing,
the Company met the requirements of Form S-3 under the Securities Act. Such registration statement meets the requirements
set forth in Rule 415(a)(1)(x) under the Securities Act and complies with said Rule. The Company will file with the Commission
pursuant to Rule 424(b) under the Securities Act, and the rules and regulations (the “Rules and Regulations”)
of the Commission promulgated thereunder, a supplement to the form of prospectus included in such registration statement relating
to the placement of the Shares and the plan of distribution thereof and has advised the Placement Agent of all further information
(financial and other) with respect to the Company required to be set forth therein. Such registration statement, including the
exhibits thereto, as amended at the date of this Agreement, is hereinafter called the “Registration Statement”;
such prospectus in the form in which it appears in the Registration Statement is hereinafter called the “Base Prospectus”;
and the supplemented form of prospectus, in the form in which it will be filed with the Commission pursuant to Rule 424(b) (including
the Base Prospectus as so supplemented) is hereinafter called the “Prospectus Supplement.” Any reference in
this Agreement to the Registration Statement, the Base Prospectus or the Prospectus Supplement shall be deemed to refer to and
include the documents incorporated by reference therein (the “Incorporated Documents”) pursuant to Item 12 of
Form S-3 which were filed under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), on
or before the date of this Agreement, or the issue date of the Base Prospectus or the Prospectus Supplement, as the case may be;
and any reference in this Agreement to the terms “amend,” “amendment” or “supplement” with
respect to the Registration Statement, the Base Prospectus or the Prospectus Supplement shall be deemed to refer to and include
the filing of any document under the Exchange Act after the date of this Agreement, or the issue date of the Base Prospectus or
the Prospectus Supplement, as the case may be, deemed to be incorporated therein by reference. All references in this Agreement
to financial statements and schedules and other information which is “contained,” “included,” “described,”
“referenced,” “set forth” or “stated” in the Registration Statement, the Base Prospectus or
the Prospectus Supplement (and all other references of like import) shall be deemed to mean and include all such financial statements
and schedules and other information which is or is deemed to be incorporated by reference in the Registration Statement, the Base
Prospectus or the Prospectus Supplement, as the case may be. No stop order suspending the effectiveness of the Registration Statement
or the use of the Base Prospectus or the Prospectus Supplement has been issued, and no proceeding for any such purpose is pending
or has been initiated or, to the Company’s knowledge, is threatened by the Commission. For purposes of this Agreement, “Free
Writing Prospectus” has the meaning set forth in Rule 405 under the Securities Act.

 

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2.             The Registration
Statement (and any further documents to be filed with the Commission) contains all exhibits and schedules as required by the Securities
Act. Each of the Registration Statement and any post-effective amendment thereto, at the time it became effective, complied in
all material respects with the Securities Act and the Exchange Act and the applicable Rules and Regulations and did not and,
as amended or supplemented, if applicable, will not, contain any untrue statement of a material fact or omit to state a material
fact required to be stated therein or necessary to make the statements therein not misleading. The Base Prospectus and the Prospectus
Supplement, each as of its respective date, comply in all material respects with the Securities Act and the Exchange Act and the
applicable Rules and Regulations. Each of the Base Prospectus, and the Prospectus Supplement, as amended or supplemented,
did not and will not contain as of the date thereof any untrue statement of a material fact or omit to state a material fact necessary
in order to make the statements therein, in the light of the circumstances under which they were made, not misleading. The Incorporated
Documents, when they were filed with the Commission, conformed in all material respects to the requirements of the Exchange Act
and the applicable Rules and Regulations, and none of such documents, when they were filed with the Commission, contained
any untrue statement of a material fact or omitted to state a material fact necessary to make the statements therein (with respect
to Incorporated Documents incorporated by reference in the Base Prospectus or Prospectus Supplement), in the light of the circumstances
under which they were made not misleading; and any further documents so filed and incorporated by reference in the Base Prospectus,
or Prospectus Supplement, when such documents are filed with the Commission, will conform in all material respects to the requirements
of the Exchange Act and the applicable Rules and Regulations, as applicable, and will not contain any untrue statement of
a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances under
which they were made, not misleading. No post-effective amendment to the Registration Statement reflecting any facts or events
arising after the date thereof which represent, individually or in the aggregate, a fundamental change in the information set forth
therein is required to be filed with the Commission. There are no documents required to be filed with the Commission in connection
with the transaction contemplated hereby that (x) have not been filed as required pursuant to the Securities Act or (y) will
not be filed within the requisite time period. There are no contracts or other documents required to be described in the Base Prospectus,
or Prospectus Supplement, or to be filed as exhibits or schedules to the Registration Statement, which (x) have not been described
or filed as required or (y) will not be filed within the requisite time period.

 

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3.              The Company will
not, without the prior consent of the Placement Agent, prepare, use or refer to, any Free Writing Prospectus.

 

4.             There are no
affiliations with any FINRA member firm among the Company’s officers, directors or, to the knowledge of the Company, any
five percent (5.0%) or greater stockholder of the Company, except as set forth in the Registration Statement and SEC Reports.

 

B.             Covenants of
the Company.

 

1.                  
The Company has delivered or made available, or will as promptly as practicable deliver or
make available, to the Placement Agent complete conformed copies of the Registration Statement and of each consent and certificate
of experts, as applicable, filed as a part thereof, and conformed copies of the Registration Statement (without exhibits), the
Base Prospectus, and the Prospectus Supplement, as amended or supplemented, in such quantities and at such places as the Placement
Agent reasonably requests. Neither the Company nor any of its directors and officers has distributed and none of them will distribute,
prior to the Closing Date, any offering material in connection with the offering and sale of the Securities pursuant to the Placement
other than the Base Prospectus, the Prospectus Supplement, the Registration Statement, copies of the documents incorporated by
reference therein and any other materials permitted by the Securities Act.

 

2.                  
The Company will advise the Placement Agent promptly after it receives notice thereof of the
time when any amendment to the Registration Statement has been filed or becomes effective or any supplement to the Base Prospectus
or the final Prospectus has been filed and will furnish the Placement Agent with copies thereof. The Company will file promptly
all reports and any definitive proxy or information statements required to be filed by the Company with the Commission pursuant
to Section 13(a), 14 or 15(d) of the Exchange Act subsequent to the date of any Prospectus and for so long as the delivery of a
prospectus is required in connection with the Placement. The Company will advise the Placement Agent, promptly after it receives
notice thereof (i) of any request by the Commission to amend the Registration Statement or to amend or supplement any Prospectus
or for additional information, and (ii) of the issuance by the Commission of any stop order suspending the effectiveness of the
Registration Statement or any post-effective amendment thereto or any order directed at any Incorporated Document, if any, or any
amendment or supplement thereto or any order preventing or suspending the use of the Base Prospectus or the final Prospectus or
any prospectus supplement or any amendment or supplement thereto or any post-effective amendment to the Registration Statement,
of the suspension of the qualification of the Securities for offering or sale in any jurisdiction, of the institution or threatened
institution of any proceeding for any such purpose, or of any request by the Commission for the amending or supplementing of the
Registration Statement or a Prospectus or for additional information. The Company shall use its best efforts to prevent the issuance
of any such stop order or prevention or suspension of such use. If the Commission shall enter any such stop order or order or notice
of prevention or suspension at any time, the Company will use its best efforts to obtain the lifting of such order at the earliest
possible moment, or will file a new registration statement and use its best efforts to have such new registration statement declared
effective as soon as practicable. Additionally, the Company agrees that it shall comply with the provisions of Rules 424(b),
430A, 430B and 430C, as applicable, under the Securities Act, including with respect to the timely filing of documents thereunder,
and will use its reasonable efforts to confirm that any filings made by the Company under such Rule 424(b) are received
in a timely manner by the Commission.

 

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3.                  
The Company will cooperate with the Placement Agent and the Purchasers in endeavoring to qualify
the Securities for sale under the securities laws of such jurisdictions (United States and foreign) as the Placement Agent and
the Purchasers may reasonably request and will make such applications, file such documents, and furnish such information as may
be reasonably required for that purpose, provided the Company shall not be required to qualify as a foreign corporation or to file
a general consent to service of process in any jurisdiction where it is not now so qualified or required to file such a consent,
and provided further that the Company shall not be required to produce any new disclosure document. The Company will, from time
to time, prepare and file such statements, reports and other documents as are or may be required to continue such qualifications
in effect for so long a period as the Placement Agent may reasonably request for distribution of the Securities. The Company will
advise the Placement Agent promptly of the suspension of the qualification or registration of (or any such exemption relating to)
the Securities for offering, sale or trading in any jurisdiction or any initiation or threat of any proceeding for any such purpose,
and in the event of the issuance of any order suspending such qualification, registration or exemption, the Company shall use its
best efforts to obtain the withdrawal thereof at the earliest possible moment.

 

4.                  
The Company will comply with the Securities Act and the Exchange Act, and the rules and regulations
of the Commission thereunder, so as to permit the completion of the distribution of the Securities as contemplated in this Agreement,
the Incorporated Documents and any Prospectus. If during the period in which a prospectus is required by law to be delivered in
connection with the distribution of Securities contemplated by the Incorporated Documents or any Prospectus (the “Prospectus
Delivery Period”), any event shall occur as a result of which, in the judgment of the Company or in the opinion of the
Placement Agent or counsel for the Placement Agent, it becomes necessary to amend or supplement the Incorporated Documents or any
Prospectus in order to make the statements therein, in the light of the circumstances under which they were made, as the case may
be, not misleading, or if it is necessary at any time to amend or supplement the Incorporated Documents or any Prospectus or to
file under the Exchange Act any Incorporated Document to comply with any law, the Company will promptly prepare and file with the
Commission, and furnish at its own expense to the Placement Agent and to dealers, an appropriate amendment to the Registration
Statement or supplement to the Registration Statement, the Incorporated Documents or any Prospectus that is necessary in order
to make the statements in the Incorporated Documents and any Prospectus as so amended or supplemented, in the light of the circumstances
under which they were made, as the case may be, not misleading, or so that the Registration Statement, the Incorporated Documents
or any Prospectus, as so amended or supplemented, will comply with law. Before amending the Registration Statement or supplementing
the Incorporated Documents or any Prospectus in connection with the Placement, the Company will furnish the Placement Agent with
a copy of such proposed amendment or supplement and will not file any such amendment or supplement to which the Placement Agent
reasonably objects.

 

5.                  
During the prospectus delivery period, the Company will duly file, on a timely basis, with
the Commission and the Trading Market all reports and documents required to be filed under the Exchange Act within the time periods
and in the manner required by the Exchange Act.

 

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6.                  
 Company will not take, directly or indirectly, any action designed to cause or result
in, or that has constituted or might reasonably be expected to constitute, the stabilization or manipulation of the price of any
securities of the Company.

 

C.            Subsequent Equity
Sales. From the date hereof until thirty (30) days after the Closing Date, neither the Company nor any Subsidiary shall issue,
enter into any agreement to issue or announce the issuance or proposed issuance of any shares of Common Stock or Common Stock Equivalents
other than an Exempt Issuance. From the date hereof until ninety (90) days after the Closing Date, the Company shall be prohibited
from effecting or entering into an agreement to effect any issuance by the Company or any of its Subsidiaries of Common Stock or
Common Stock Equivalents (or a combination of units thereof) involving a Variable Rate Transaction. For purposes of this Agreement,
“Variable Rate Transaction” shall mean a transaction in which the Company (i) issues or sells any debt
or equity securities that are convertible into, exchangeable or exercisable for, or include the right to receive additional shares
of Common Stock either (A) at a conversion price, exercise price or exchange rate or other price that is based upon and/or
varies with the trading prices of or quotations for the shares of Common Stock at any time after the initial issuance of such debt
or equity securities, or (B) with a conversion, exercise or exchange price that is subject to being reset at some future date
after the initial issuance of such debt or equity security or upon the occurrence of specified or contingent events directly or
indirectly related to the business of the Company or the market for the Common Stock or (ii) enters into, or effects a transaction
under, any agreement, including, but not limited to, an equity line of credit, whereby the Company may issue securities at a future
determined price. The Placement Agent shall be entitled to obtain injunctive relief against the Company to preclude any such issuance,
which remedy shall be in addition to any right to collect damages.

 

SECTION 2.
         REPRESENTATIONS OF THE PLACEMENT AGENT. The Placement Agent represents and warrants that it (i) is a member in
good standing of FINRA, (ii) is registered as a broker/dealer under the Exchange Act, (iii) is licensed as a broker/dealer
under the laws of the States applicable to the offers and sales of the Securities by the Placement Agent, (iv) is and will
be a corporate entity validly existing under the laws of its place of incorporation, and (v) has full power and authority
to enter into and perform its obligations under this Agreement. The Placement Agent will immediately notify the Company in writing
of any change in its status as such. The Placement Agent covenants that it will use its reasonable best efforts to conduct the
Placement hereunder in compliance with the provisions of this Agreement and the requirements of applicable law.

 

SECTION 3.
         COMPENSATION. In consideration of the services to be provided for hereunder, the Company shall pay to the Placement
Agent the following compensation with respect to the Securities which the Placement Agent is placing:

 

A.            A cash fee (the
“Cash Fee”) equal to an aggregate of six and one-half percent (6.5%) of the aggregate gross proceeds raised
in the Placement. The Cash Fee shall be paid at the closing of the Placement (the “Closing”).

 

B.            Subject to compliance
with FINRA Rule 5110(f)(2)(D), the Company also agrees to reimburse the Placement Agent, taken together and not individually,
for all travel and other out-of-pocket expenses, including the reasonable fees, costs and disbursements of its legal counsel, in
an amount not to exceed an aggregate of $50,000. The Company will reimburse the Placement Agent at the Closing directly out of
the gross proceeds raised in the Placement. In the event this Agreement shall terminate prior to the consummation of the Placement,
the Placement Agent, shall be entitled to reimbursement for actual expenses upon providing reasonable documentation relating to
the incurrence of such expenses.

 

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C.            Notwithstanding
any other provision of this Agreement, including, for a period of twelve (12) months from the date of this Agreement, if the Company
receives any proceeds from any of the Purchasers or any other investor introduced to the Company by the Placement Agent during
the course of this Placement, the Company agrees to pay to the Placement Agent a cash fee equal to six and one-half percent (6.5%)
of such proceeds.

 

D.           The Placement
Agent reserves the right to reduce any item of its compensation or adjust the terms thereof as specified herein in the event that
a determination shall be made by FINRA to the effect that the Placement Agent’s aggregate compensation is in excess of FINRA
Rules or that the terms thereof require adjustment.

 

SECTION 4.
         INDEMNIFICATION. The Company agrees to the indemnification and other agreements set forth in the Indemnification Provisions
(the “Indemnification”) attached hereto as Addendum A, the provisions of which are incorporated
herein by reference and shall survive the termination or expiration of this Agreement.

 

SECTION 5.
          ENGAGEMENT TERM. The Placement Agent’s engagement
hereunder shall be until the earlier of (i) July 30, 2021 and (ii) the final Closing Date of the Placement (such date,
the “Termination Date” and the period of time during which this Agreement remains in effect is referred to
herein as the “Term”). Notwithstanding anything to the contrary contained herein, confidentiality, indemnification
and contribution contained herein and the Company’s obligations contained in the Indemnification Provisions will survive
any expiration or termination of this Agreement. If this Agreement is terminated prior to the completion of the Placement, all
reimbursement for fees and expenses incurred by the Placement Agent shall be paid by the Company to the Placement Agent on or
before the Termination Date (in the event such fees are earned or owed as of the Termination Date). The Placement Agent agrees
not to use any confidential information concerning the Company provided to the Placement Agent by the Company for any purposes
other than those contemplated under this Agreement.

 

SECTION 6.
         PLACEMENT AGENT’S INFORMATION. The Company agrees that any information or advice rendered by the Placement Agent
in connection with this engagement is for the confidential use of the Company only in their evaluation of the Placement and, except
as otherwise required by law, the Company will not disclose or otherwise refer to the advice or information in any manner without
the Placement Agent’s prior written consent.

 

SECTION 7.
          NO FIDUCIARY RELATIONSHIP. This Agreement does not
create, and shall not be construed as creating rights enforceable by any person or entity not a party hereto, except those entitled
hereto by virtue of the Indemnification Provisions hereof. The Company acknowledges and agrees that the Placement Agent is not
nor shall it be construed as a fiduciary of the Company and the Placement Agent shall not have any duties or liabilities to the
equity holders or the creditors of the Company or any other person by virtue of this Agreement or the retention of the Placement
Agent hereunder, all of which are hereby expressly waived.

 

SECTION 8.         
CLOSING. The obligations of the Placement Agent, and the closing of the sale of the Securities hereunder are subject
to the accuracy, when made and on the Closing Date, of the representations and warranties on the part of the Company contained
herein and in the Purchase Agreement, to the accuracy of the statements of the Company made in any certificates pursuant to the
provisions hereof, to the performance by the Company of their obligations hereunder, and to each of the following additional terms
and conditions, except as otherwise disclosed to and acknowledged and waived by the Placement Agent:

 

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A.            No stop order suspending
the effectiveness of the Registration Statement shall have been issued and no proceedings for that purpose shall have been initiated
or threatened by the Commission, and any request for additional information on the part of the Commission (to be included in the
Registration Statement, the Base Prospectus, the Prospectus Supplement or otherwise) shall have been complied with to the reasonable
satisfaction of the Placement Agent. Any filings required to be made by the Company in connection with the Placement shall have
been timely filed with the Commission.

 

B.            The Placement Agent
shall not have discovered and disclosed to the Company on or prior to the Closing Date that the Registration Statement, the Base
Prospectus, the Prospectus Supplement or any amendment or supplement thereto contains an untrue statement of a fact which, in the
opinion of counsel for the Placement Agent, is material or omits to state any fact which, in the opinion of such counsel, is material
and is required to be stated therein or is necessary to make the statements therein not misleading.

 

C.            All corporate proceedings
and other legal matters incident to the authorization, form, execution, delivery and validity of each of this Agreement, the Securities,
the Registration Statement, the Base Prospectus and the Prospectus Supplement and all other legal matters relating to this Agreement
and the transactions contemplated hereby shall be reasonably satisfactory in all material respects to counsel for the Placement
Agent and the Company shall have furnished to such counsel all documents and information that they may reasonably request to enable
them to pass upon such matters.

 

D.            The Placement Agent
shall have received from outside counsels to the Company such counsels’ written opinions, addressed to the Placement Agent
and the Purchasers and dated as of the Closing Date, in form and substance reasonably satisfactory to the Placement Agent.

 

E.             On the date of
this Agreement and on the Closing Date, the Placement Agent shall have received a “comfort” letter from Rosenberg Rich
Baker Berman, P.A. as of each such date, addressed to the Placement Agent and in form and substance satisfactory in all respects
to the Placement Agent and Placement Agent’s counsel.

 

F.             The Placement Agent
shall have presented its book of investors to the Company for prior to approval at the time of pricing of the Placement.

 

G.             On the Closing
Date, Placement Agent shall have received a certificate of the chief financial officer of the Company, dated, as applicable, as
of the date of such Closing, to the effect that, as of the date of this Agreement and as of the applicable date, the representations
and warranties of the Company contained herein and in the Purchase Agreement were and are accurate in all material respects, except
for such changes as are contemplated by this Agreement and except as to representations and warranties that were expressly limited
to a state of facts existing at a time prior to the applicable Closing Date, and that, as of the applicable date, the obligations
to be performed by the Company hereunder on or prior thereto have been fully performed in all material respects. Such officer shall
also provide a customary certification as to such accounting or financial matters that are included or incorporated by reference
in the Registration Statement or the Prospectus that Rosenberg Rich Baker Berman, P.A. is unable to provide assurances on in the
letter contemplated by Section 8(E) above.

 

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H.            On the Closing
Date, Placement Agent shall have received a certificate of the Secretary of the Company, dated, as applicable, as of the date of
such Closing, certifying to the organizational documents, good standing in the state of incorporation of the Company and board
resolutions relating to the Placement of the Securities from the Company.

 

I.             The Company
(i) shall not have sustained since the date of the latest audited financial statements included or incorporated by reference
in the Registration Statement, the Base Prospectus and the Prospectus Supplement, any loss or interference with its business from
fire, explosion, flood, terrorist act or other calamity, whether or not covered by insurance, or from any labor dispute or court
or governmental action, order or decree, otherwise than as set forth in or contemplated by the Registration Statement, the Base
Prospectus and the Prospectus Supplement, and (ii) since such date there shall not have been any change in the capital stock
or long-term debt of the Company or any change, or any development involving a prospective change, in or affecting the business,
general affairs, management, financial position, stockholders’ equity, results of operations or prospects of the Company,
otherwise than as set forth in or contemplated by the Registration Statement, the Base Prospectus and the Prospectus Supplement,
the effect of which, in any such case described in clause (i) or (ii), is, in the judgment of the Placement Agent, so material
and adverse as to make it impracticable or inadvisable to proceed with the sale or delivery of the Securities on the terms and
in the manner contemplated by the Base Prospectus and the Prospectus Supplement.

 

J.             The Common Stock
is registered under the Exchange Act and, as of the Closing Date, the Shares and the shares of Common Stock issuable upon exercise
of the Warrants, as applicable, shall be listed for trading on the Trading Market or other applicable U.S. national exchange and
reasonable evidence of such action, if available, shall have been provided to the Placement Agent upon its request. The Company
shall have taken no action designed to, or likely to have the effect of terminating the registration of the Common Stock under
the Exchange Act or delisting or suspending from trading the Common Stock from the Trading Market or other applicable U.S. national
exchange, nor has the Company received any information suggesting that the Commission or the Trading Market or other U.S. applicable
national exchange is contemplating terminating such registration or listing.

 

K.            No action shall
have been taken and no statute, rule, regulation or order shall have been enacted, adopted or issued by any governmental agency
or body which would, as of the Closing Date, prevent the issuance or sale of the Securities or materially and adversely affect
or potentially and adversely affect the business or operations of the Company; and no injunction, restraining order or order of
any other nature by any federal or state court of competent jurisdiction shall have been issued as of the Closing Date which would
prevent the issuance or sale of the Securities or materially and adversely affect or potentially and adversely affect the business
or operations of the Company.

 

L.             The Company shall
have prepared and filed with the Commission a Current Report on Form 8-K with respect to the Placement, including as an exhibit
thereto this Agreement.

 

M.           The Company shall
have entered into a Purchase Agreement with each of the Purchasers and such agreements shall be in full force and effect and shall
contain representations, warranties and covenants of the Company as agreed between the Company and the Purchasers.

 

N.           FINRA shall have
raised no objection to the fairness and reasonableness of the terms and arrangements of this Agreement. In addition, the Company
shall, if applicable and requested by the Placement Agent, make or authorize Placement Agent’s counsel to make on the Company’s
behalf, any filing with the FINRA Corporate Financing Department pursuant to FINRA Rule 5110 with respect to the Placement
and pay all filing fees required in connection therewith.

 

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O.            Prior to the Closing
Date, the Company shall have furnished to the Placement Agent such further information, certificates and documents as the Placement
Agent may reasonably request.

 

If any of the conditions
specified in this Section 8 shall not have been fulfilled when and as required by this Agreement, or if any of the certificates,
opinions, written statements or letters furnished to the Placement Agent or to Placement Agent’s counsel pursuant to this
Section 8 shall not be reasonably satisfactory in form and substance to the Placement Agent and to Placement Agent’s
counsel, all obligations of the Placement Agent hereunder may be cancelled by the Placement Agent at, or at any time prior to,
the consummation of the Closing. Notice of such cancellation shall be given to the Company in writing or orally. Any such oral
notice shall be confirmed promptly thereafter in writing.

 

SECTION 9.
         CERTAIN COVENANTS AND WAIVERS.

 

A.                 
Continued Right of First Refusal. Subject to consummation of the Placement, the right
of first refusal granted to the Placement Agent pursuant to Section 4.20 of that certain underwriting agreement by and between
the Company and the Placement Agent, dated May 13, 2021 (the “Underwriting Agreement”), shall remain operative
and in full force and effect upon and subsequent to each of the execution of this Agreement and the consummation of the Placement.

B.                 
Waiver of Prohibition on Subsequent Equity Sales in Underwriting Agreement. Pursuant
to Section 4.21(a) of the Underwriting Agreement, the Company is not permitted to issue any shares of Common Stock or Common Stock
Equivalents for a period of 120 days after the closing of its public offering on May 18, 2021. Solely in connection with the consummation
of this Placement, the Placement Agent hereby waives such prohibition and permits the issuance of the Securities hereby, and Section
4.21(a) of the Underwriting Agreement shall otherwise remain operative and in full force and effect.

 

SECTION 10.       
GOVERNING LAW. This Agreement will be governed by, and construed in accordance with, the laws of the State of New York
applicable to agreements made and to be performed entirely in such State. This Agreement may not be assigned by either party hereto
without the prior written consent of the other party hereto. This Agreement shall be binding upon and inure to the benefit of
the parties hereto, and their respective successors and permitted assigns. Any right to trial by jury with respect to any dispute
arising under this Agreement or any transaction or conduct in connection herewith is waived. Any dispute arising under this Agreement
may be brought into the courts of the State of New York or into the Federal Court located in New York, New York and, by execution
and delivery of this Agreement, the Company hereby accepts for itself and in respect of its property, generally and unconditionally,
the jurisdiction of aforesaid courts. Each party hereto hereby irrevocably waives personal service of process and consents to
process being served in any such suit, action or proceeding by delivering a copy thereof via overnight delivery (with evidence
of delivery) to such party at the address in effect for notices to it under this Agreement and agrees that such service shall
constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any
way any right to serve process in any manner permitted by law. If either party hereto shall commence an action or proceeding to
enforce any provisions of a Transaction Document, then the prevailing party in such action or proceeding shall be reimbursed by
the other party for its attorney’s fees and other costs and expenses incurred with the investigation, preparation and prosecution
of such action or proceeding.

  

    	10

    	 

    

SECTION 11.        
ENTIRE AGREEMENT/MISC. This Agreement (including the attached Indemnification Provisions) embodies the entire agreement
and understanding between the parties hereto with respect to this Placement, and supersedes all prior agreements and understandings,
relating to the subject matter hereof. Notwithstanding anything to the contrary contained herein, the terms of the Underwriting
Agreement shall continue to be effective. If any provision of this Agreement is determined to be invalid or unenforceable in any
respect, such determination will not affect such provision in any other respect or any other provision of this Agreement, which
will remain in full force and effect. This Agreement may not be amended or otherwise modified or waived except by an instrument
in writing signed by both the Placement Agent and the Company. The representations, warranties, agreements and covenants contained
herein shall survive the closing of the Placement and delivery of the Securities. This Agreement may be executed in two or more
counterparts, all of which when taken together shall be considered one and the same agreement and shall become effective when
counterparts have been signed by each party hereto and delivered to the other party hereto, it being understood that both such
parties need not sign the same counterpart. In the event that any signature is delivered by facsimile transmission or a .pdf format
file, such signature shall create a valid and binding obligation of the party executing (or on whose behalf such signature is
executed) with the same force and effect as if such facsimile or .pdf signature page were an original thereof.

 

SECTION 12.        
CONFIDENTIALITY. The Placement Agent (i) will keep the Confidential Information (as such term is defined below) confidential
and will not (except as required by applicable law or stock exchange requirement, regulation or legal process (“Legal
Requirement”)), without the Company’s prior written consent, disclose to any person any Confidential Information,
and (ii) will not use any Confidential Information other than in connection with the Placement. The Placement Agent further
agrees to disclose the Confidential Information only to its Representatives (as such term is defined below) who need to know the
Confidential Information for the purpose of the Placement, and who are informed by the Placement Agent of the confidential nature
of the Confidential Information. The term “Confidential Information” shall mean, all confidential, proprietary
and non-public information (whether written, oral or electronic communications) furnished by the Company to the Placement Agent
or its Representatives in connection with such Placement Agent’s evaluation of the Placement. The term “Confidential
Information” will not, however, include information which (i) is or becomes publicly available other than as a
result of a disclosure by the Placement Agent or its Representatives in violation of this Agreement, (ii) is or becomes available
to the Placement Agent or any of its Representatives on a non-confidential basis from a third-party, (iii) is known to the
Placement Agent or any of its Representatives prior to disclosure by the Company or any of its Representatives, or (iv) is
or has been independently developed by the Placement Agent and/or the Representatives without use of any Confidential Information
furnished to it by the Company. The term “Representatives” shall mean with respect to the Placement Agent,
its directors, board committees, officers, employees, financial advisors, attorneys and accountants. This provision shall be in
full force until the earlier of (a) the date that the Confidential Information ceases to be confidential and (b) two
years from the date hereof. Notwithstanding any of the foregoing, in the event that the Placement Agent or any of its Representatives
are required by Legal Requirement to disclose any of the Confidential Information, the Placement Agent and its Representatives
will furnish only that portion of the Confidential Information which the Placement Agent or its Representative, as applicable,
is required to disclose by Legal Requirement as advised by counsel, and will use reasonable efforts to obtain reliable assurance
that confidential treatment will be accorded the Confidential Information so disclosed.

  

    	11

    	 

    

SECTION 13.
       NOTICES. Any and all notices or other communications or deliveries required
or permitted to be provided hereunder shall be in writing and shall be deemed given and effective on the earliest of (a) the
date of transmission, if such notice or communication is sent to the email address specified on the signature pages attached
hereto prior to 6:30 p.m. (New York City time) on a business day, (b) the next business day after the date of transmission,
if such notice or communication is sent to the email address on the signature pages attached hereto on a day that is not
a business day or later than 6:30 p.m. (New York City time) on any business day, (c) the third business day following
the date of mailing, if sent by U.S. internationally recognized air courier service, or (d) upon actual receipt by the party
to whom such notice is required to be given. The address for such notices and communications shall be as set forth on the signature
pages hereto.

 

SECTION 14.
       PRESS ANNOUNCEMENTS.
The Company agrees that the Placement Agent shall, from and after any Closing, have the right to reference the Placement and the
Placement Agent’s role

 

in connection therewith in the Placement
Agent’s marketing materials and on its website and to place advertisements in financial and other newspapers and journals,
in each case at its own expense.

 

[The remainder of this page has
been intentionally left blank.]

 

    	12

    	 

    

 

Please confirm that the foregoing correctly
sets forth our agreement by signing and returning to Maxim the enclosed copy of this Agreement.

 

	 	Very
truly yours,
	 	 
	 	MAXIM GROUP LLC
	 	 	 
	 	By:	 
	 	Name:	Clifford A. Teller
	 	Title:	Executive Managing Director, Investment Banking

 

	 	Address
for notice:
	 	 
	 	300
Park Avenue, 16th Floor
	 	New
York, New York 10022
	 	Attention:
James Siegel, General Counsel
	 	Email:
jsiegel@maximgrp.com

 

	Accepted and Agreed to as of	 
	the date first written above:	 
	 	 	 
	DATA STORAGE CORPORATION	 
	 	 	 
	By:	 	 
	Name:	Charles M. Piluso	 
	Title:	Chief Executive
Officer	 
	 	 	 
	Address for notice:	 
	 	 	 
	48 South Service Road	 
	Melville, New York 11747	 
	Attention: Chief Executive Officer	 
	E-mail: cpiluso@datastoragecorp.com	 

 

    	13

    	 

    

 

ADDENDUM A 

INDEMNIFICATION PROVISIONS

 

In connection with
the engagement of Maxim Group LLC (“Maxim” or the “Placement Agent”) by Data Storage Corporation (the “Company”)
pursuant to a placement agency agreement dated as of the date hereof, by and among the Company and the Placement Agent, as it may
be amended from time to time in writing (the “Agreement”), the Company hereby agrees as follows (Capitalized terms
used herein without definition shall have the meanings ascribed to such terms in the Agreement):

 

1.             The Company agrees
to indemnify and hold harmless the Placement Agent and its respective affiliates (as defined in Rule 405 under the Securities
Act of 1933, as amended) and their respective directors, officers, employees, agents and controlling persons (the Placement Agent
and each such person each being an “Indemnified Party”) from and against all losses, claims, damages and liabilities
(or actions, including shareholder actions, in respect thereof), joint or several, to which such Indemnified Party may become subject
under any applicable federal or state law, or otherwise, which arise out of or are based on (i) any untrue statement or alleged
untrue statement of a material fact contained in the Registration Statement (or any amendment thereto), including the information
deemed to be a part of the Registration Statement at the time of effectiveness and at any subsequent time pursuant to Rules 430A
and 430B of the Securities Act and the rules and regulations thereunder, as applicable, or the omission or alleged omission
therefrom of a material fact required to be stated therein or necessary to make the statements therein not misleading or (ii) any
untrue statement or alleged untrue statement of a material fact contained in any Prospectus or Prospectus Supplement (or any amendment
or supplement to any of the foregoing) or the omission or alleged omission therefrom of a material fact necessary in order to make
the statements therein, in the light of the circumstances under which they were made, not misleading or (iii) any untrue statement
or alleged untrue statement of a material fact contained in any materials or information provided to investors by, or with the
approval of, the Company in connection with the marketing of the Placement of the Securities, including any roadshow or investor
presentations made to investors by the Company (whether in person or electronically) or the omission or alleged omission therefrom
of a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made,
not misleading or (iv) in whole or in part any inaccuracy in any material respect in the representations and warranties of
the Company contained herein or in the Purchase Agreement; provided, however, that the Company shall not be liable to the extent
that such loss, claim, liability, expense or damage is based on any untrue statement or omission or alleged untrue statement or
omission made in reliance on and in conformity with written information furnished to the Company in writing with respect to the
Placement Agent expressly for use in the Registration Statement, the Prospectus, the Prospectus Supplement or any amendment thereof
or supplement thereto, which information shall consist solely of the following: (i) the name of the Placement Agent appearing
in the Prospectus; and (ii) the information set forth in the Prospectus Supplement in “Plan of Distribution” section.
The Company will not be liable to any Indemnified Party under the foregoing indemnification and reimbursement provisions: (i) for
any settlement by an Indemnified Party effected without its prior written consent (not to be unreasonably withheld); or (ii) to
the extent that any loss, claim, damage or liability is found in a final, non-appealable judgment by a court of competent jurisdiction
to have resulted primarily from the Indemnified Party’s willful misconduct or gross negligence. The Company also agrees that
no Indemnified Party shall have any liability (whether direct or indirect, in contract or tort or otherwise) to the Company or
its security holders or creditors related to or arising out of the engagement of the Placement Agent pursuant to, or the performance
by the Placement Agent of the services contemplated by, this Agreement except to the extent that any loss, claim, damage or liability
is found in a final, non-appealable judgment by a court of competent jurisdiction to have resulted primarily from such Indemnified
Party’s willful misconduct or gross negligence.

 

    	1

    	 

    

 

2.             Promptly after
receipt by the Placement Agent of notice of any claim or the commencement of any action or proceeding with respect to which the
Placement Agent is entitled to indemnity hereunder, the Placement Agent will notify the Company in writing of such claim or of
the commencement of such action or proceeding, and the Company will assume the defense of such action or proceeding and will employ
counsel reasonably satisfactory to the Placement Agent and will pay the fees and expenses of such counsel. Notwithstanding the
preceding sentence, the Placement Agent will be entitled to employ counsel separate from counsel for the Company and from any other
party in such action if counsel for the Placement Agent reasonably determines that it would be inappropriate under the applicable
rules of professional responsibility for the same counsel to represent both the Company and the Placement Agent. In such event,
the reasonable fees and disbursements of no more than one such separate counsel will be paid by the Company. The Company will have
the exclusive right to settle the claim or proceeding provided that the Company will not settle any such claim, action or proceeding
without the prior written consent of the Placement Agent, which will not be unreasonably withheld.

 

3.             The Company agrees
to notify the Placement Agent promptly of the assertion against it or any other person of any claim or the commencement of any
action or proceeding relating to a transaction contemplated by the Agreement.

 

4.             If for any reason
the foregoing indemnity is unavailable to the Placement Agent or insufficient to hold such Placement Agent harmless, then the Company
shall contribute to the amount paid or payable by the Placement Agent, as the case may be, as a result of such losses, claims,
damages or liabilities in such proportion as is appropriate to reflect not only the relative benefits received by the Company on
the one hand, and the Placement Agent on the other, but also the relative fault of the Company on the one hand and the Placement
Agent on the other that resulted in such losses, claims, damages or liabilities, as well as any relevant equitable considerations.
The amounts paid or payable by a party in respect of losses, claims, damages and liabilities referred to above shall be deemed
to include any legal or other fees and expenses incurred in defending any litigation, proceeding or other action or claim. Notwithstanding
the provisions hereof, the Placement Agent’s share of the liability hereunder shall not be in excess of the amount of fees
actually received, or to be received, by the Placement Agent under the Agreement (excluding any amounts received as reimbursement
of expenses incurred by the Placement Agent).

 

5.             These Indemnification
Provisions shall remain in full force and effect whether or not the transaction contemplated by the Agreement is completed and
shall survive the termination of the Agreement, and shall be in addition to any liability that the Company might otherwise have
to any indemnified party under the Agreement or otherwise.

 

[The remainder
of this page has been intentionally left blank.]

 

    	2

    	 

    

 

	 	Very
truly yours,
	 	 
	 	MAXIM GROUP LLC
	 	 	 
	 	By:	 
	 	Name:	Clifford A. Teller
	 	Title:	Executive Managing Director, Investment Banking

 

	 	Address
for notice:
	 	 
	 	300
Park Avenue, 16th Floor
	 	New
York, New York 10022
	 	Attention:
James Siegel, General Counsel
	 	Email:
jsiegel@maximgrp.com

 

	Accepted and Agreed to as of	 
	the date first written above:	 
	 	 	 
	DATA STORAGE CORPORATION	 
	 	 	 
	By:	 	 
	Name:	Charles M. Piluso	 
	Title:	Chief Executive
Officer	 
	 	 	 
	Address for notice:	 
	 	 	 
	48 South Service Road	 
	Melville, New York 11747	 
	Attention: Chief Executive Officer	 
	E-mail: cpiluso@datastoragecorp.com	 

 

[Signature
Page to Indemnification Provisions

Pursuant to
July 19, 2021 Placement Agency Agreement

between Maxim Group LLC and Data Storage
Corporation]

 

3Exhibit 10.2

 

Execution Version

 

AMENDED AND RESTATED
REGISTRATION RIGHTS AGREEMENT

 

THIS AMENDED AND RESTATED
REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of July 14, 2021, is made and entered into by and
among (i) Hillman Solutions Corp. (f/k/a Landcadia Holdings III, Inc.), a Delaware corporation (the “Company”),
(ii) Jefferies Financial Group Inc., a New York corporation (“Jefferies”), and TFJ, LLC, a Delaware limited
liability company (“TFJ”, and together with Jefferies and their respective Permitted Transferees (as defined
herein), the “Sponsors”), (iii) CCMP Capital Investors III, L.P., a Delaware limited partnership (“CCMP
III”), CCMP Capital Investors (Employee) III, L.P., a Delaware limited partnership (“CCMP Employee”)
and CCMP Co-Invest III A, L.P., a Delaware limited partnership (“CCMP Co-Invest, and together with CCMP III, CCMP
Employee and their respective Permitted Transferees, the “CCMP Holders”), (iv) Oak Hill Capital Partners III,
L.P., a Delaware limited partnership (“Oak Hill III”) Oak Hill Capital Management Partners III, L.P., a Delaware
limited partnership (“Oak Hill Management”), and OHCP III HC RO, L.P., a Delaware limited partnership (“OHCP,
and together with Oak Hill III, Oak Hill Management and their respective Permitted Transferees, the “Oak Hill Holders”,
and together with the CCMP Holders, the “Hillman Holders”). The Sponsors, the Hillman Holders and any person
or entity who hereafter becomes a party to this Agreement pursuant to Section 5.2 of this Agreement are each referred to herein
as a “Holder” and collectively as the “Holders”.

 

RECITALS

 

WHEREAS, the Sponsors
hold an aggregate of 12,500,000 shares of the Company’s Class B common stock, par value $0.0001 per share (the “Founder
Shares”);

 

WHEREAS, upon the closing
of the transactions (the “Transactions”) contemplated by that certain Agreement and Plan of Merger, dated January
24, 2021, by and among the Company, Helios Sun Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of the Company, HMAN
Group Holdings Inc., a Delaware corporation (“Hillman”), and the stockholder representative thereunder (the
 “Merger Agreement”), the Sponsors forfeited an aggregate of 3,828,000 Founder Shares, and 8,672,000 Founder
Shares were subsequently converted, on a one-to-one basis, into shares of the Company’s common stock, par value $0.0001 per share
(the “Common Stock”);

 

WHEREAS, on October,
8 2020, the Company and the Sponsors entered into that certain Private Placement Warrants Purchase Agreement (the “Private
Placement Warrants Purchase Agreement”), pursuant to which the Sponsors purchased an aggregate of 8,000,000 warrants (the
 “Private Placement Warrants”), in a private placement transaction occurring simultaneously with the closing
of the Company’s initial public offering on October 14, 2020;

 

WHEREAS, on October
8, 2020, the Company and the Sponsors entered into that certain Registration Rights Agreement (the “Existing Registration
Rights Agreement”), pursuant to which the Company granted the Sponsors certain registration rights with respect to certain
securities of the Company;

 

     

     

    

 

WHEREAS, immediately
after giving effect to the Transactions, in accordance with the Merger Agreement, the Hillman Holders shall receive shares of Common Stock
(the “Closing Hillman Stock”);

 

WHEREAS, pursuant to
Section 5.5 of the Existing Registration Rights Agreement, the provisions, covenants and conditions set forth therein may be amended or
modified upon the written consent of the Company and the Holders (as defined in the Existing Registration Rights Agreement) of at least
a majority-in-interest of the Registrable Securities (as defined in the Existing Registration Rights Agreement) at the time in question;
and

 

WHEREAS, the Company
and the Sponsors desire to amend and restate the Existing Registration Rights Agreement pursuant to Section 5.5 thereof in order to provide
the Holders with registration rights with respect to the Registrable Securities on the terms set forth herein.

 

NOW, THEREFORE,
in consideration of the representations, covenants and agreements contained herein, and certain other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:

 

Article
I

DEFINITIONS

 

1.1.           
Definitions. The terms defined in this Article I
shall, for all purposes of this Agreement, have the respective meanings set forth below:

 

“Adverse Disclosure”
shall mean any public disclosure of material non-public information, which disclosure, in the good faith judgment of the Board, after
consultation with counsel to the Company, (a) would be required to be made in any Registration Statement or Prospectus in order for the
applicable Registration Statement or Prospectus not to contain any untrue statement of a material fact or omit to state a material fact
necessary to make the statements contained therein (in the case of any prospectus and any preliminary prospectus, in light of the circumstances
under which they were made) not misleading, (b) would not be required to be made at such time if the Registration Statement were not being
filed, and (c) the Company has a bona fide business purpose for not making such information public.

 

“Affiliate”
means, with respect to a specified Person, each other Person that directly, or indirectly through one or more intermediaries, controls
or is controlled by, or is under common control with, the Person specified; provided that no Holder shall be deemed an Affiliate of any
other Holder solely by reason of an investment in, or holding of Common Stock (or securities convertible or exchangeable for shares of
Common Stock) of, the Company. As used in this definition, “control” (including with correlative meanings, “controlled
by” and “under common control with”) means possession, directly or indirectly, of power to direct or cause the direction
of management or policies (whether through ownership of voting securities or by contract or other agreement); provided, however,
that in no event shall the term “Affiliate” include any portfolio company of any Holder or their respective Affiliates (other
than the Company).

 

    2

     

    

 

“Agreement”
shall have the meaning given in the Preamble.

 

“Aggregate Blocking
Period” shall have the meaning given in Section 2.4.

 

“Board”
shall mean the Board of Directors of the Company.

 

“Block Trade”
means an offering and/or sale of Registrable Securities by any Holder on a block trade or underwritten basis (whether firm commitment
or otherwise) for reoffering to the public without a roadshow or substantial marketing efforts prior to pricing, including, without limitation,
a same day trade, overnight trade or similar transaction.

 

“CCMP Demanding
Holders” shall have the meaning given in Section 2.2.1.

 

“CCMP Holders”
shall have the meaning given in the Preamble.

 

“Claims”
shall have the meaning given in subsection 4.1.1.

 

“Closing Date”
shall mean the date of this Agreement.

 

“Commission”
shall mean the Securities and Exchange Commission.

 

“Commission Guidance”
means (i) any publicly-available written or oral guidance of the Commission staff, or any comments, requirements or requests of the Commission
staff and (ii) the Securities Act.

 

“Common Stock”
shall have the meaning given in the Recitals hereto.

 

“Company”
shall have the meaning given in the Preamble.

 

“Company Shelf
Take Down Notice” shall have the meaning given in subsection 2.1.3.

 

“Demand Registration”
shall have the meaning given in subsection 2.2.1.

 

“Demanding Holder”
shall mean, as applicable, (a) the applicable Holder making a written demand for the Registration of Registrable Securities pursuant to
subsection 2.2.1 or (b) the applicable Holder making a written demand for a Shelf Underwritten Offering of Registrable Securities
pursuant to subsection 2.1.3.

 

“Effectiveness
Deadline” shall have the meaning given in subsection 2.1.1.

 

“Existing Registration
Rights Agreement” shall have the meaning given in the Recitals hereto.

 

“Exchange Act”
shall mean the Securities Exchange Act of 1934, as it may be amended from time to time.

 

    3

     

    

 

“First Secondary
Offering” means the first Underwritten Offering in which any CCMP Holder Transfers all or any portion of their Registrable
Securities.

 

“Form S-1 Shelf”
shall have the meaning given in subsection 2.1.2.

 

“Form S-3 Shelf”
shall have the meaning given in subsection 2.1.2.

 

“Founder Shares”
shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issued upon conversion thereof.

 

“Founder Shares
Lock-up Period” shall mean, with respect to the Founder Shares, the period commencing on the date hereof and ending on the
earlier of (A) one year after the Closing Date, (B) the first date the last sale price of the Common Stock equals or exceeds $12.00 per
share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within
any 30-trading day period commencing at least 150 days after the Closing Date, or (C) the date on which the Company completes a liquidation,
merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having
the right to exchange their shares of Common Stock for cash, securities or other property.

 

“Hillman Holders”
shall have the meaning given in the Preamble.

 

“Hillman Lock-Up
Period” shall have the meaning given in Section 2.7.2.

 

“Holders”
shall have the meaning given in the Preamble.

 

“Insider Letter”
shall mean that certain letter agreement, dated October 8, 2020, by and among the Company, the Sponsors and the other parties thereto.

 

“Jefferies”
shall have the meaning given in the Preamble.

 

“Maximum Number
of Securities” shall have the meaning given in subsection 2.2.4.

 

“Merger Agreement”
shall have the meaning given in the Recitals hereto.

 

“Misstatement”
shall mean an untrue statement of a material fact or an omission to state a material fact required to be stated in a Registration Statement
or Prospectus, or necessary to make the statements in a Registration Statement or Prospectus in the light of the circumstances under which
they were made not misleading.

 

“Oak Hill Demanding
Holders” shall have the meaning given in Section 2.2.1.

 

“Oak Hill Holders”
shall have the meaning given in the Preamble.

 

“Other Shares”
shall have the meaning given in Section 2.2.4.

 

    4

     

    

 

“Permitted Transferees”
or “Permitted Transfer” shall mean (x) any Affiliate of a Holder or (y) any transfers made: (i) pursuant to
a bona fide gift or charitable contribution; (ii) by will or intestate succession upon the death of Holder; (iii) to any Permitted
Transferee; (iv) to the members of the Sponsors, (v) pursuant to a court order or settlement agreement related to the distribution
of assets in connection with the dissolution of marriage or civil union; (vi) pro rata to the partners, members or shareholders of
a Holder upon its liquidation or dissolution; or (vii) in the event of the Company’s completion of a liquidation, merger, share
exchange or other similar transaction which results in all of its shareholders having the right to exchange their Common Stock for cash,
securities or other property; provided that in the case of (i) through (vi), the recipient of such Transfer must enter into a written
agreement agreeing to be bound by the terms of this Agreement, including the transfer restrictions set forth in Section 2.6.

 

“Piggyback Registration”
shall have the meaning given in subsection 2.3.1.

 

“Primary Shares”
shall have the meaning given in Section 2.2.4.

 

“Private Placement
Lock-up Period” shall mean, with respect to Private Placement Warrants that are held by the initial purchasers of such Private
Placement Warrants or their Permitted Transferees, and any of the Common Stock issued or issuable upon the exercise or conversion of the
Private Placement Warrants and that are held by the initial purchasers of the Private Placement Warrants or their Permitted Transferees,
the period ending 30 days after the Closing Date.

 

“Private Placement
Warrants” shall have the meaning given in the Recitals hereto.

 

“Private Placement
Warrants Purchase Agreement” shall have the meaning given in the Recitals hereto.

 

“Pro Rata”
shall have the meaning given in subsection 2.2.4.

 

“Prospectus”
shall mean the prospectus included in any Registration Statement, whether preliminary or final, as supplemented by any and all prospectus
supplements (including any “free writing prospectus”) and as amended by any and all post-effective amendments, and including
all material incorporated by reference in such prospectus.

 

“Registrable
Security” shall mean (a) any outstanding share of Common Stock or any other equity security (including the Private
Placement Warrants and including shares of Common Stock issued or issuable upon the exercise of any other equity security) of the
Company held by a Holder as of the date of this Agreement or hereafter acquired by a Holder (including the shares of Common Stock
issued upon the conversion of the Founder Shares and upon the exercise of any Private Placement Warrants), and (b) any other equity
security of the Company issued or issuable with respect to any such share of Common Stock referred to in the foregoing clause (a) by
way of a stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or
other reorganization or otherwise; provided, however, that, as to any particular Registrable Security, such securities
shall cease to be Registrable Securities when: (i) a Registration Statement with respect to the sale of such securities shall have
become effective under the Securities Act and such securities shall have been sold, transferred, disposed of or exchanged in
accordance with such Registration Statement by the applicable Holder; (ii) such securities shall have been otherwise transferred,
new certificates for such securities not bearing (or book entry positions not subject to) a legend restricting further transfer
shall have been delivered by the Company and subsequent public distribution of such securities shall not require registration under
the Securities Act; (iii) such securities shall have ceased to be outstanding; or (iv) such securities (A) are held, or become held,
by any Holder (other than the Sponsors) who holds less than two percent (2%) of the then issued and outstanding equity securities of
the Company; and (B) may be sold without registration pursuant to Rule 144 or any successor rule promulgated under the Securities
Act (but with no volume or other restrictions or limitations including as to manner or timing of sale).

 

    5

     

    

 

“Registration”
shall mean a registration effected by preparing and filing a registration statement or similar document in compliance with the requirements
of the Securities Act, and the applicable rules and regulations promulgated thereunder, and such registration statement becoming effective.

 

“Registration
Expenses” shall mean the out-of-pocket expenses of a Registration, including, without limitation, the following:

 

(a) all registration and filing
fees (including fees with respect to filings required to be made with the Financial Industry Regulatory Authority, Inc., or fees payable
to any stock exchange or over-the-counter trading market) and any securities exchange on which the Common Stock is then listed;

 

(b) fees and expenses of compliance
with securities or blue sky laws (including reasonable fees and disbursements of counsel for the Underwriters in connection with blue
sky qualifications of Registrable Securities);

 

(c) fees and disbursements of
underwriters customarily paid by issuers or sellers of securities, but excluding underwriting discounts and commissions and transfer taxes,
if any;

 

(d) printing, messenger, telephone,
delivery and road show or other marketing expenses;

 

(e) reasonable fees and disbursements
of counsel for the Company;

 

(f) reasonable fees and disbursements
of all independent registered public accountants of the Company incurred specifically in connection with such Registration; and

 

(g) reasonable fees and
expenses of (A) one (1) legal counsel for the CCMP Holders (plus appropriate special and local counsel selected by the CCMP
Holders), to the extent the CCMP Holders are participating in the Registration, (B) one (1) legal counsel for the Oak Hill Holders
(plus appropriate special and local counsel selected by the Oak Hill Holders), to the extent the Oak Hill Holders are participating
in the Registration, and (C) one (1) legal counsel for the Sponsors (plus appropriate special and local counsel selected by the
Sponsors), to the extent the Sponsors are participating in the Registration.

 

“Registration
Statement” shall mean any registration statement that covers the Registrable Securities pursuant to the provisions of this
Agreement, including the Prospectus included in such registration statement, amendments (including post-effective amendments) and supplements
to such registration statement, and all exhibits to and all material incorporated by reference in such registration statement.

 

    6

     

    

 

“Removed Shares”
shall have the meaning given in Section 2.6.

 

“Requesting Holder”
shall have the meaning given in subsection 2.2.1.

 

“Secondary Lock-Up
Period” shall mean the period ending on the earlier of (i) 12 months from the date hereof, and (ii) the date on which the
CCMP Holders or any of their Affiliates are no longer subject to any Underwriter’s lock-up or other contractual restriction in connection
with the First Secondary Offering.

 

“Securities Act”
shall mean the Securities Act of 1933, as amended from time to time.

 

“Shelf Requesting
Holder” shall have the meaning given in subsection 2.1.3.

 

“Shelf Take Down
Notice” shall have the meaning given in subsection 2.1.3.

 

“Shelf Underwritten
Offering” shall have the meaning given in subsection 2.1.3.

 

“Sponsors”
shall have the meaning given in the Preamble.

 

“Subscription
Agreements” shall mean those certain subscription agreements dated July 14, 2021 by and between the Company and certain
subscribers to shares of Common Stock.

 

“TFJ”
shall have the meaning given in the Preamble.

 

“Transactions”
shall have the meaning given in the Recitals hereto.

 

“Transfer”
shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise
dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation
with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations
of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to
another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled
by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified
in clause (a) or (b).

 

“Underwriter”
shall mean a securities dealer who purchases any Registrable Securities as principal in an Underwritten Offering and not as part of such
dealer’s market-making activities.

 

“Underwritten
Registration” or “Underwritten Offering” shall mean a Registration or offering and/or sale of
Registrable Securities in which securities of the Company are sold to an Underwriter in a firm commitment underwriting for distribution
to the public, including a Block Trade.

 

    7

     

    

 

Article
II

REGISTRATIONS

 

2.1.           
Shelf Registration.

 

2.1.1.     
Initial Filing. The Company shall, as soon as practicable, but in any event within thirty (30) days after the Closing Date,
file a Registration Statement under the Securities Act to permit the public resale of all the Registrable Securities held by the Holders
and all shares of Common Stock received by then current or former employees of Hillman pursuant to the Transactions from time to time
as permitted by Rule 415 under the Securities Act (or any successor or similar provision adopted by the Commission then in effect) on
the terms and conditions specified in this subsection 2.1.1 and shall use its reasonable best efforts to cause such Registration
Statement to be declared effective as soon as practicable after the filing thereof, but in no event later than sixty (60) days following
the filing deadline (the “Effectiveness Deadline”); provided, that the Effectiveness Deadline shall be
extended to ninety (90) days after the filing deadline if the Registration Statement is reviewed by, and receives comments from, the Commission.
The Registration Statement filed with the Commission pursuant to this subsection 2.1.1 shall be on Form S-3 or, if Form S-3 is
not then available to the Company, on Form S-1 or such other form of registration statement as is then available to effect a registration
for resale of such Registrable Securities, covering such Registrable Securities, and shall contain a Prospectus in such form as to permit
any Holder to sell such Registrable Securities pursuant to Rule 415 under the Securities Act (or any successor or similar provision adopted
by the Commission then in effect) at any time beginning on the effective date for such Registration Statement. A Registration Statement
filed pursuant to this subsection 2.1.1 shall provide for the resale pursuant to any method or combination of methods legally available
to, and requested by, the Holders. The Company shall use its reasonable best efforts to cause a Registration Statement filed pursuant
to this subsection 2.1.1 to remain effective, and to be supplemented and amended to the extent necessary to ensure that such Registration
Statement is available or, if not available, that another Registration Statement is available, for the resale of all the Registrable Securities
held by the Holders until all such Registrable Securities have ceased to be Registrable Securities. As soon as practicable following the
effective date of a Registration Statement filed pursuant to this subsection 2.1.1, but in any event within one (1) business day
of such date, the Company shall notify the Holders of the effectiveness of such Registration Statement. When effective, a Registration
Statement filed pursuant to this subsection 2.1.1 (including the documents incorporated therein by reference) will comply as to
form in all material respects with all applicable requirements of the Securities Act and the Exchange Act and will not contain an untrue
statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein
not misleading (in the case of any Prospectus contained in such Registration Statement, in the light of the circumstances under which
such statement is made).

 

2.1.2.     
 Form S-1 Shelf. If the Company files a shelf registration statement on Form S-3 (a “Form S-3 Shelf”)
and thereafter the Company becomes ineligible to use Form S-3 for secondary sales, the Company shall use its reasonable best efforts to
file a shelf registration on Form S-1 (a “Form S-1 Shelf”) as promptly as practicable to replace the shelf registration
statement that is a Form S-3 Shelf and have the Form S-1 Shelf declared effective as promptly as practicable and to cause such Form S-1
Shelf to remain effective, and to be supplemented and amended to the extent necessary to ensure that such Registration Statement is available
or, if not available, that another Registration Statement is available, for the resale of all the Registrable Securities held by the Holders
until all such Registrable Securities have ceased to be Registrable Securities. In the case of a Form S-1 filed pursuant to Section
2.1.1 or a Form S-1 Shelf filed pursuant to this Section 2.1.2, upon such date as the Company becomes eligible to use Form
S-3 for secondary sales or, in the case of a Form S-1 Shelf filed to register the resale of Removed Shares pursuant to Section 2.6
hereof, upon such date as the Company becomes eligible to register all of the Removed Shares for resale on a Form S-3 Shelf pursuant to
the Commission Guidance and, if applicable, without a requirement that any of the CCMP Holders be named as an “underwriter”
therein, the Company shall use its reasonable best efforts to file a Form S-3 Shelf as promptly as practicable to replace the applicable
Form S-1 Shelf and have the Form S-3 Shelf declared effective as promptly as practicable and to cause such Form S-3 Shelf to remain effective,
and to be supplemented and amended to the extent necessary to ensure that such Registration Statement is available or, if not available,
that another Registration Statement is available, for the resale of all the Registrable Securities thereunder held by the applicable Holders
until all such Registrable Securities have ceased to be Registrable Securities.

 

    8

     

    

 

2.1.3.      Requests
for Underwritten Shelf Takedowns. At any time and from time to time following the effectiveness of the shelf registration
statement required by subsection 2.1.1 or 2.1.2 or any replacement thereof, by notice to the Company specifying the
intended method or methods of disposition thereof any CCMP Holder or any Sponsor or Oak Hill Holder (as applicable, the
 “Shelf Requesting Holder”) may make a written request to the Company to effect a public offering (a
 “Shelf Take Down Notice”), (provided that any request for an underwritten offering that is registered
pursuant to such shelf registration statement (including a Block Trade) (a “Shelf Underwritten Offering”)
by any Sponsor or Oak Hill Holder is subject to and only to the extent provided by Section 2.4), of all or a portion of such
Holder’s Registrable Securities that may be registered under such shelf registration statement, and as soon as practicable the
Company shall amend or supplement such shelf registration statement as necessary for such purpose. Each Shelf Takedown Notice for a
Shelf Underwritten Offering shall specify the approximate number of Registrable Securities proposed to be sold in the Shelf
Underwritten Offering and a reasonably estimated approximate price range (net of reasonably estimated underwriting discounts and
commissions) of such Shelf Underwritten Offering. Promptly upon receipt of a Shelf Takedown Notice (but in no event more than two
(2) business days thereafter (or more than twenty-four (24) hours thereafter in connection with a Block Trade)), the Company shall
give written notice of such requested Shelf Underwritten Offering to all other Holders of Registrable Securities (the
 “Company Shelf Takedown Notice”) and, subject to the provisions of subsection 2.2.4, shall include
in such Shelf Underwritten Offering such Registrable Securities requested to be included by each such Holder, up to such number of
Registrable Securities equal to such Holder’s pro rata share determined based on the number of Registrable Securities that the
Shelf Requesting Holder proposes to sell in such Shelf Underwritten Offering as compared to the number of outstanding Registrable
Securities held by the Shelf Requesting Holder immediately prior to such Shelf Underwritten Offering, within five (5) days after
sending the Company Shelf Takedown Notice, or, in the case of a Block Trade, within twenty-four (24) hours after sending the Company
Shelf Takedown Notice and otherwise as provided in Section 2.1.4. The Company shall enter into an underwriting agreement in
customary form with the managing Underwriter or Underwriters selected by the Shelf Requesting Holder, after reasonable consultation
with the Company, and shall take all such other reasonable actions as are requested by the managing Underwriter or Underwriters in
order to expedite or facilitate the disposition of such Registrable Securities. In connection with any Shelf Underwritten Offering
contemplated by this subsection 2.1.3, subject to Section 3.3 and Article IV, the underwriting agreement
into which each Holder and the Company shall enter shall contain such representations, covenants, indemnities and other rights and
obligations as are customary in secondary underwritten offerings. Notwithstanding the delivery of any Shelf Take Down Notice, all
determinations as to whether to complete any Shelf Underwritten Offering and as to the timing, manner, price and other terms of any
Shelf Underwritten Offering contemplated by this Section 2.1.3, shall be determined by the Shelf Requesting Holder. At any
time before the pricing of a Shelf Underwritten Offering, in accordance with Section 2.2.5, the Shelf Requesting Holder may withdraw
its Shelf Take Down Notice and, upon receipt of written notice to such effect from the Shelf Requesting Holder, the Company shall
cease all efforts to complete such Underwritten Offering.

 

2.1.4.     
Notwithstanding any other provision of this Article II, but subject to Section 3.4 and not in limitation of
any other provision in this Article II applicable to Shelf Underwritten Offerings, if any Holder desires to effect a Block
Trade, then notwithstanding any other time periods in this Article II, such Holder shall provide written notice to the Company
at least three (3) business days prior to the date such Block Trade will commence. As expeditiously as possible, the Company shall use
its reasonable best efforts to facilitate such Block Trade. Such Holder shall use its reasonable best efforts to work with the Company
and the Underwriters (including by disclosing the maximum number of Registrable Securities proposed to be the subject of such Block Trade)
in order to facilitate preparation of the Registration Statement, Prospectus and other offering documentation related to the Block Trade
and any related due diligence and comfort procedures. In the event of a Block Trade, and after consultation with the Company and subject
to subsection 2.2.4, the Holder initiating the Block Trade shall determine the maximum number of Registrable Securities that can
be sold pursuant to such offering, the underwriter or underwriters and share price of such offering.

 

    9

     

    

 

2.2.           
Demand Registration.

 

2.2.1.      Request
for Registration. Subject to the provisions of subsection 2.2.5 and Sections 2.4, 2.6 and 3.4
hereof, at any time and from time to time on or after the Closing Date, each of (a) the Sponsors, (b) the CCMP Holders (the
 “CCMP Demanding Holders”), and (c) the Oak Hill Holders (the “Oak Hill Demanding
Holders”, and together with the Sponsors and the CCMP Demanding Holders, the “Demanding
Holders”), may make a written demand for Registration of all or part of their Registrable Securities on (i) Form S-1
or (ii) if available, Form S-3, which in the case of either clause (i) or (ii), may be a shelf registration statement filed pursuant
to Rule 415 under the Securities Act, which written demand shall describe the amount and type of securities to be included in such
Registration and the intended method(s) of distribution thereof (such written demand a “Demand
Registration”). The Company shall, promptly following the Company’s receipt of a Demand Registration (but in no
event more than two (2) business days thereafter), notify, in writing all other Holders of Registrable Securities of such demand,
and each Holder of Registrable Securities who thereafter wishes to include any of such Holder’s Registrable Securities in a
Registration pursuant to a Demand Registration (each such Holder that includes any portion of such Holder’s Registrable
Securities in such Registration, a “Requesting Holder”) shall so notify the Company, in writing, within
three (3) business days after the receipt by the Holder of the notice from the Company. Each Requesting Holder shall be permitted to
include up to such number of Registrable Securities in a Registration pursuant to a Demand Registration equal to such Requesting
Holder’s pro rata share determined based on the number of Registrable Securities that the Demanding Holder proposes to sell in
such Demand Registration as compared to the number of outstanding Registrable Securities held by the Demanding Holder immediately
prior to such Demand Registration. For the avoidance of doubt, to the extent a Requesting Holder also separately possesses Demand
Registration rights pursuant to this Section 2.2, but is not the Holder who exercises such Demand Registration rights, the
exercise by such Requesting Holder of its rights pursuant to the foregoing sentence shall not count as the exercise by it of one of
its Demand Registration rights. Upon receipt by the Company of any such written notification from a Requesting Holder(s) to the
Company, subject to subsection 2.2.4 below, such Requesting Holder(s) shall be entitled to have their pro rata portion of
Registrable Securities included in a Registration pursuant to a Demand Registration and the Company shall effect, as soon thereafter
as practicable, but not more than forty five (45) days immediately after the Company’s receipt of the Demand Registration, the
Registration of all Registrable Securities requested by the Demanding Holders and up to the pro rata portion of Registrable
Securities requested by the Requesting Holders pursuant to such Demand Registration. The Company shall not be obligated to effect
more than (A) an aggregate of six (6) Registrations pursuant to a Demand Registration initiated by the CCMP Holders, and (B) one (1)
Registration pursuant to a Demand Registration initiated by the Oak Hill Holders and the Sponsors, in each case under this subsection
2.2.1 with respect to any or all Registrable Securities; provided, however, that (i) a Registration shall not be
counted for such purposes unless a Registration Statement that may be available at such time has become effective and all of the
Registrable Securities entitled to be included by the Demanding Holders and the Requesting Holders in such Registration have been
sold, in accordance with Section 3.1 of this Agreement, and (ii) a Shelf Underwritten Offering effected by a Block Trade
shall not be a Demand Registration. Notwithstanding the foregoing, Jefferies may not exercise its Demand Registration rights after
October 8, 2025, and may not exercise its demand rights on more than one occasion.

 

2.2.2.      Effective
Registration. Notwithstanding the provisions of subsection 2.2.1 above or any other part of this Agreement, a
Registration pursuant to a Demand Registration shall not count as a Registration unless and until (a) the Registration Statement
filed with the Commission with respect to a Registration pursuant to a Demand Registration has been declared effective by the
Commission and (b) the Company has complied with all of its obligations under this Agreement with respect thereto; provided, further,
that if, after such Registration Statement has been declared effective, an offering of Registrable Securities in a Registration
pursuant to a Demand Registration is subsequently interfered with by any stop order or injunction of the Commission, federal or
state court or any other governmental agency, the Registration Statement with respect to such Registration shall be deemed not to
have been declared effective, unless and until, (i) such stop order or injunction is removed, rescinded or otherwise terminated, and
(ii) the Demanding Holders initiating such Demand Registration thereafter affirmatively elect to continue with such Registration and
accordingly notify the Company in writing, but in no event later than five (5) days after the removal, rescission or other
termination of such stop order or injunction, of such election; provided, further, that the Company shall not be
obligated or required to file another Registration Statement until the Registration Statement that has been previously filed with
respect to a Registration pursuant to a Demand Registration by the same Demanding Holder becomes effective or is subsequently
terminated.

 

    10

     

    

 

2.2.3.     
Underwritten Offering. Subject to the provisions of subsection 2.2.4 and Sections 2.4, 2.6 and 3.4
hereof, if the Demanding Holders so advise the Company as part of their Demand Registration that the offering of the Registrable Securities
pursuant to such Demand Registration shall be in the form of an Underwritten Offering, then the right of such Demanding Holder or Requesting
Holder (if any) to include its Registrable Securities in such Registration shall be conditioned upon such Holder’s participation
in such Underwritten Offering and the inclusion of such Holder’s Registrable Securities in such Underwritten Offering to the extent
provided herein. All such Holders proposing to distribute their Registrable Securities through an Underwritten Offering under this subsection
2.2.3, subject to Section 3.3 and Article IV, shall enter into an underwriting agreement in customary form with
the Company and the Underwriter(s) selected for such Underwritten Offering by the Demanding Holders initiating the Demand Registration(which
Underwriter(s) shall be reasonably satisfactory to the Company) which underwriting agreement shall contain such representations, covenants,
indemnities and other rights and obligations customary in secondary Underwritten Offerings.

 

2.2.4.      Reduction
of Underwritten Offering. If a Demand Registration is to be an Underwritten Offering (including any Shelf Underwritten Offering)
and the managing Underwriter or Underwriters (or, in the case of a Block Trade, the Holder(s) requesting a Shelf Underwritten
Offering or the Demanding Holder(s), as applicable), in good faith, advises the Company in writing that, in its opinion, the dollar
amount or number of Registrable Securities that the Demanding Holders and the Requesting Holders (if any) desire to sell, taken
together with all other Common Stock or other equity securities that the Company desires to sell for its own account (the
 “Primary Shares”) and the Common Stock, if any, as to which a Registration has been requested pursuant to
separate written contractual piggy-back registration rights held by any other stockholders of the Company who desire to sell (the
 “Other Shares”), exceeds the maximum dollar amount or maximum number of equity securities that can be sold
in such Underwritten Offering without adversely affecting the proposed offering price, the timing, the distribution method, or the
probability of success of such offering (such maximum dollar amount or maximum number of such securities, as applicable, the
 “Maximum Number of Securities”), then the Company shall include in such Underwritten Offering, as follows:
(a) first, the Registrable Securities of the Demanding Holders, Shelf Requesting Holders and the Requesting Holders (if any), as
applicable, pro rata based on the total amount of Registrable Securities held by each such Demanding Holder, Shelf Requesting
Holder, or Requesting Holder (if any), as applicable, at such time of determination (such proportion is referred to herein as
 “Pro Rata”)) that can be sold without exceeding the Maximum Number of Securities; (b) second, to the
extent that the Maximum Number of Securities has not been reached under the foregoing clause (a), the Primary Shares which can be
sold without exceeding the Maximum Number of Securities; (c) third, to the extent that the Maximum Number of Securities has not been
reached under the foregoing clauses (a) and (b), the Registrable Securities of the Sponsors; and (d) fourth, to the extent the
Maximum Number of Securities has not been reached under the foregoing clauses (a), (b) and (c), the Other Shares that can be sold
without exceeding the Maximum Number of Securities.

 

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2.2.5.     
Demand Registration Withdrawal. A Demanding Holder, Shelf Requesting Holder, or Requesting Holder shall have the right to
withdraw all or a portion of its Registrable Securities included in a Demand Registration pursuant to subsection 2.2.1 or a Shelf
Underwritten Offering pursuant to subsection 2.1.3 (including a Block Trade pursuant to subsection 2.1.4) for any or no
reason whatsoever upon written notification to the Company and the Underwriter or Underwriters (if any) of its intention to so irrevocably
withdraw at any time prior to (a) in the case of a Demand Registration, the effectiveness of the applicable Registration Statement or
(b) in the case of any Shelf Underwritten Offering (including a Block Trade), prior to the pricing of such Shelf Underwritten Offering;
provided, however, that upon withdrawal by the Demanding Holders initiating a Demand Registration (or in the case of a Shelf
Underwritten Offering, withdrawal of the Shelf Requesting Holder), the Company shall cease all efforts to secure effectiveness of the
applicable Registration Statement or complete the Underwritten Offering, as applicable. Notwithstanding anything to the contrary in this
Agreement, the Company shall be responsible for the Registration Expenses incurred in connection with a Registration pursuant to a Demand
Registration or a Shelf Underwritten Offering prior to and including its withdrawal under this subsection 2.2.5.

 

2.3.           
Piggyback Registration.

 

2.3.1.      Piggyback
Rights. If the Company proposes to file a Registration Statement under the Securities Act with respect to an offering of equity
securities, or securities or other obligations exercisable or exchangeable for, or convertible into equity securities, for its own
account or for the account of stockholders of the Company, other than a Registration Statement (a) filed in connection with any
employee stock option or other benefit plan, (b) for an exchange offer or offering of securities solely to the Company’s
existing stockholders, (c) for an offering of debt that is convertible into equity securities of the Company, (d) for a dividend
reinvestment plan, or (e) filed pursuant to subsection 2.1.1, then the Company shall give written notice of such proposed
filing to all Holders then holding Registrable Securities as soon as practicable but not less than five (5) business days before the
anticipated filing date of such Registration Statement, which notice shall (i) describe the amount and type of securities to be
included in such offering, the intended method(s) of distribution (including whether such registration will be pursuant to a shelf
registration statement), and the proposed price and name of the proposed managing Underwriter or Underwriters, if any, in such
offering, (ii) such Holders’ rights under this Section 2.3 and (iii) offer to all of the Holders of Registrable
Securities the opportunity to register the sale of such number of Registrable Securities as such Holders may request in writing
within three (3) business days after receipt of such written notice (or in the case of a Block Trade, within twenty-four (24) hours
thereafter) (such Registration a “Piggyback Registration”). The Company shall, in good faith, cause such
Registrable Securities identified in a Holder’s response notice described in the foregoing sentence to be included in such
Piggyback Registration and shall use its reasonable best efforts to cause the managing Underwriter or Underwriters of a proposed
Underwritten Offering, if any, to permit the Registrable Securities requested by the Holders pursuant to this subsection
2.3.1 to be included in a Piggyback Registration on the same terms and conditions as any similar securities of the Company or
Company stockholder(s) for whose account the Registration Statement is to be filed included in such Registration and to permit the
sale or other disposition of such Registrable Securities in accordance with the intended method(s) of distribution thereof. All such
Holders proposing to distribute their Registrable Securities through an Underwritten Offering under this subsection 2.3.1,
subject to Section 3.3 and Article IV, shall enter into an underwriting agreement in customary form with the
Underwriter(s) selected for such Underwritten Offering by the Company or Company stockholder(s) for whose account the Registration
Statement is to be filed. For purposes of this Section 2.3, the filing by the Company of an automatic shelf registration
statement for offerings pursuant to Rule 415(a) that omits information with respect to any specific offering pursuant to Rule 430B
shall not trigger any notification or participation rights hereunder until such time as the Company amends or supplements such
Registration Statement to include information with respect to a specific offering of Securities (and such amendment or supplement
shall trigger the notice and participation rights provided for in this Section 2.3).

 

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2.3.2.     
Reduction of Piggyback Registration. If a Piggyback Registration is to be an Underwritten Offering and the managing Underwriter
or Underwriters, in good faith, advises the Company and the Holders of Registrable Securities participating in the Piggyback Registration
in writing that, in its opinion, the dollar amount or number of Primary Shares that the Company desires to sell, taken together with (a)
the Common Stock, if any, as to which Registration has been demanded pursuant to separate written contractual arrangements with persons
or entities other than the Holders of Registrable Securities hereunder, (b) the Registrable Securities as to which registration has been
requested pursuant Section 2.3 hereof, and (c) the Other Shares, exceeds the Maximum Number of Securities, then:

 

2.3.2.1.if the Registration
is undertaken for the Company’s account, the Company shall include in any such Registration (a) first, the Primary Shares, which
can be sold without exceeding the Maximum Number of Securities; (b) second, to the extent that the Maximum Number of Securities has not
been reached under the foregoing clause (a), the Registrable Securities of Holders exercising their rights to register their Registrable
Securities pursuant to subsection 2.3.1 hereof, Pro Rata, which can be sold without exceeding the Maximum Number of Securities;
and (c) third, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses (a) and (b), the Other
Shares which can be sold without exceeding the Maximum Number of Securities; and

 

2.3.2.2.if the
Registration is pursuant to a request by persons or entities other than the Holders of Registrable Securities, then the Company
shall include in any such Registration (a) first, the Common Stock or other equity securities, if any, of such requesting persons or
entities, other than the Holders of Registrable Securities, which can be sold without exceeding the Maximum Number of Securities;
(b) second, to the extent that the Maximum Number of Securities has not been reached under the foregoing clause (a), the Registrable
Securities of Holders exercising their rights to register their Registrable Securities pursuant to subsection 2.3.1 hereof,
Pro Rata, which can be sold without exceeding the Maximum Number of Securities; (c) third, to the extent that the Maximum Number of
Securities has not been reached under the foregoing clauses (a) and (b), the Primary Shares which can be sold without exceeding the
Maximum Number of Securities; and (d) fourth, to the extent that the Maximum Number of Securities has not been reached under the
foregoing clauses (a), (b) and (c), the Other Shares which can be sold without exceeding the Maximum Number of Securities.

 

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2.3.3.     
Piggyback Registration Withdrawal. Any Holder of Registrable Securities shall have the right to withdraw all or any portion
of its Registrable Securities in a Piggyback Registration for any or no reason whatsoever upon written notification to the Company and
the Underwriter or Underwriters (if any) of his, her or its intention to withdraw such Registrable Securities from such Piggyback Registration
prior to in the case of a Piggyback Registration not involving an Underwritten Offering or Shelf Underwritten Offering, the effectiveness
of the applicable Registration Statement. The Company (whether on its own good faith determination or as the result of a request for withdrawal
by persons pursuant to separate written contractual obligations) may withdraw a Registration Statement filed with the Commission in connection
with a Piggyback Registration at any time prior to the effectiveness of such Registration Statement. Notwithstanding anything to the contrary
in this Agreement, the Company shall be responsible for the Registration Expenses incurred in connection with the Piggyback Registration
prior to and including its withdrawal under this subsection 2.3.3.

 

2.3.4.     
Unlimited Piggyback Registration Rights. For purposes of clarity, any Registration effected pursuant to Section 2.3
hereof shall not be counted as a Registration pursuant to a Demand Registration effected under Section 2.2 hereof and shall not
relieve the Company of its obligations under Section 2.1 or Section 2.2.

 

2.4.            Restrictions
on Registration Rights. If (a) during the period starting with the date sixty (60) days prior to the Company’s good
faith estimate of the date of the filing of, and ending on a date one hundred and twenty (120) days after the effective date of, a
Company initiated Registration and provided that the Company has delivered written notice to the Holders prior to receipt of a
Demand Registration pursuant to subsection 2.2.1 and it continues to actively employ, in good faith, all reasonable efforts
to cause the applicable Registration Statement to become effective; (b) the Holders have requested an Underwritten Registration and
the Company and the Holders are unable to obtain the commitment of underwriters to firmly underwrite the offer; or (c) in the good
faith judgment of the Board such Registration would be seriously detrimental to the Company and the Board concludes as a result that
it is essential to defer the filing of such Registration Statement at such time, then in each case the Company shall furnish to such
Holders a certificate signed by the Chairman of the Board stating that in the good faith judgment of the Board it would be seriously
detrimental to the Company for such Registration Statement to be filed in the near future and that it is therefore essential to
defer the filing of such Registration Statement. In such event, the Company shall have the right to defer such filing for a period
of not more than thirty (30) days; provided, however, that the Company shall not defer its obligation in this manner
more than once in any twelve (12)-month period (the “Aggregate Blocking Period”). Notwithstanding anything
to the contrary herein, the Oak Hill Holders and each Sponsor shall be able to either (and not both) (i) make one (1) demand request
under, and subject to the terms and procedures set forth in Section 2.2, or (ii) initiate one (1) Shelf Underwritten Offering
under, and subject to the terms and conditions set forth in Section 2.1 (in each case in accordance with the terms of Section
3.3).

 

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2.5.           
Rule 415; Removal. If at any time the Commission takes the
position that the offering of some or all of the Registrable Securities in a Registration Statement on Form S-3 filed pursuant to this
Section 2 is not eligible to be made on a delayed or continuous basis under the provisions of Rule 415 under the Securities Act
(provided, however, the Company shall be obligated to use diligent efforts to advocate with the Commission for the registration of all
of the Registrable Securities in accordance with the Commission Guidance, including without limitation, Compliance and Disclosure Interpretation
612.09) or requires a CCMP Holder to be named as an “underwriter,” the Company shall (i) promptly notify each holder of Registrable
Securities thereof (or in the case of the Commission requiring a CCMP Holder to be named as an “underwriter,” the CCMP Holders)
and (ii) use reasonable best efforts to persuade the SEC that the offering contemplated by such Registration Statement is a valid secondary
offering and not an offering “by or on behalf of the issuer” as defined in Rule 415 and that none of the CCMP Holders is an
 “underwriter.” The Holders shall have the right to select one (1) legal counsel designated by the holders of a majority of
the Registrable Securities subject to such Registration Statement to review and oversee any registration or matters pursuant to this Section
2.5, including participation in any meetings or discussions with the Commission regarding the Commission’s position and to comment
on any written submission made to the Commission with respect thereto. No such written submission with respect to this matter shall be
made to the Commission to which the applicable Holders’ counsel reasonably objects. In the event that, despite the Company’s
reasonable best efforts and compliance with the terms of this Section 2.5, the Commission refuses to alter its position, the Company
shall (i) remove from such Registration Statement such portion of the Registrable Securities (the “Removed Shares”)
and/or (ii) agree to such restrictions and limitations on the registration and resale of the Registrable Securities as the Commission
may require to assure the Company’s compliance with the requirements of Rule 415; provided, however, that the Company
shall not agree to name any CCMP Holder as an “underwriter” in such Registration Statement without the prior written consent
of such CCMP Holder. In the event of a share removal pursuant to this Section 2.5, the Company shall give the applicable Holders
at least three (3) business days prior written notice along with the calculations as to such Holder’s allotment. Any removal of
shares of the Holders pursuant to this Section 2.5 shall first be applied to Holders other than the CCMP Holders with securities
registered for resale under the applicable Registration Statement and thereafter allocated between the CCMP Holders on a pro rata basis
based on the aggregate amount of Registrable Securities held by the CCMP Holders. In the event of a share removal of the Holders pursuant
to this Section 2.5, the Company shall promptly register the resale of any Removed Shares pursuant to subsection 2.1.2 hereof
and in no event shall the filing of such Registration Statement on Form S-1 or subsequent Registration Statement on Form S-3 filed pursuant
to the terms of subsection 2.1.2 be counted as a Demand Registration hereunder. Until such time as the Company has registered all
of the Removed Shares for resale pursuant to Rule 415 on an effective Registration Statement, the Company shall not be able to defer the
filing of a Registration Statement pursuant to Section 2.4 hereof.

 

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2.6.           
 Lock-Up Agreements.

 

2.6.1.     
Each Sponsor agrees that it shall not Transfer any Founder Shares (or any shares of Common Stock issuable upon conversion thereof)
until the expiration of the Founder Shares Lock-Up Period and will not transfer any Private Placement Warrants (or any shares of Common
Stock issued or issuable upon the exercise of the Private Placement Warrants), until the expiration of the Private Placement Warrants
Lock-Up Period. The foregoing restrictions shall not apply to Permitted Transfers or Transfers made by a Permitted Transferee.

 

2.6.2.     
Each Hillman Holder agrees that it, he or she shall not Transfer any shares of Closing Hillman Stock for six (6) months following
the Closing Date (the “Hillman Lock-Up Period”); provided, (x) that 33% of the Closing Hillman Stock
shall be transferable as part of an Underwritten Offering following 90 days after the Closing Date if the last closing price of the Common
Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like)
for any 20 trading days within any 30-trading day period after the Closing, and (y) each executive officer and director of the Company
shall be permitted to establish a plan to acquire and sell shares of Common Stock pursuant to Rule 10b5-1 under the Exchange Act, provided
that such plan does not provide for the Transfer of shares of Closing Hillman Stock during the Hillman Lock-up Period. The foregoing restrictions
shall not apply to Permitted Transfers or Transfers made by a Permitted Transferee.

 

2.6.3.     
Each Holder agrees, and the Company agrees and shall cause each director and officer of the Company to agree, that, in connection
with each Registration or sale of Registrable Securities pursuant to Section 2.1, Section 2.2 or Section 2.3 conducted as an Underwritten
Offering, if requested, to become bound by and to execute and deliver a customary lock-up agreement with the Underwriter(s) of such Underwritten
Offering restricting such applicable person or entity’s right to (a) Transfer, directly or indirectly, any equity securities of
the Company held by such person or entity or (b) enter into any swap or other arrangement that transfers to another any of the economic
consequences of ownership of such securities during the period commencing on the date of the final Prospectus relating to the Underwritten
Offering and ending on the date specified by the Underwriters (such period not to exceed ninety (90) days). The terms of such lock-up
agreements shall be negotiated among the applicable Holder requested to enter into lock-up agreements in accordance with the immediately
preceding sentence, the Company and the Underwriters and shall include customary exclusions from the restrictions on Transfer set forth
therein, including that such restrictions on the applicable Holder shall be conditioned upon all officers and directors of the Company,
as well as all Holders, being subject to the same restrictions; provided, that, to the extent any Holder is granted a release or
waiver from the restrictions contained in this Section 2.6.3 and in such Holder’s lock-up agreement prior to the expiration of the
period set forth in such Holder’s lock-up agreement, then all Holders shall be automatically granted a release or waiver from the
restrictions contained in this Section 2.6.3 and the applicable lock-up agreements to which they are party to the same extent, on substantially
the same terms as and on a pro rata basis with, the Holder to which such release or waiver is granted. The provisions of this Section
2.6.3 shall not apply to any Holder that holds less than one percent (1%) of then total issued and outstanding Common Stock.

 

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Article
III

COMPANY
PROCEDURES

 

3.1.           
General Procedures. If the Company is required to effect
the Registration of Registrable Securities, or facilitate an offering to sell Registrable Securities, pursuant to its obligations under
Article 2, the Company shall use its reasonable best efforts to effect such Registration to permit the sale of such Registrable
Securities in accordance with the intended plan of distribution thereof as expeditiously as possible, and, not in limitation of any of
the Company’s obligations under Article 2, in connection therewith the Company shall:

 

3.1.1.     
prepare and file with the Commission as soon as practicable a Registration Statement with respect to such Registrable Securities
and use its reasonable best efforts to cause such Registration Statement to become effective and remain effective until all Registrable
Securities covered by such Registration Statement have been sold;

 

3.1.2.     
prepare and file with the Commission such amendments and post-effective amendments to the Registration Statement, and such supplements
to the Prospectus, as may be requested by any Holder with Registrable Securities covered by such Prospectus or any Underwriter of Registrable
Securities or as may be required by the rules, regulations or instructions applicable to the registration form used by the Company or
by the Securities Act or rules and regulations thereunder to keep the Registration Statement effective until all Registrable Securities
covered by such Registration Statement are sold in accordance with the intended plan of distribution set forth in such Registration Statement
or supplement to the Prospectus;

 

3.1.3.     
prior to filing a Registration Statement or Prospectus, or any amendment or supplement thereto, (a) furnish without charge to the
Underwriters, if any, and the Holders of Registrable Securities included in such Registration, and such Holders’ legal counsel,
copies of such Registration Statement as proposed to be filed, each amendment and supplement to such Registration Statement (in each case
including all exhibits thereto and documents incorporated by reference therein), the Prospectus included in such Registration Statement
(including each preliminary Prospectus), and such other documents as the Underwriters and the Holders of Registrable Securities included
in such Registration or the legal counsel for any such Holders may request in order to facilitate the disposition of the Registrable Securities
owned by such Holders, and (b) make such changes in such documents concerning the Holders prior to the filing thereof as such Holders,
or their counsel, may reasonably request;

 

3.1.4.      prior
to any public offering of Registrable Securities, but in any case no later than the effective date of the applicable Registration
Statement, use its reasonable best efforts to (a) register or qualify the Registrable Securities covered by the Registration
Statement under such securities or “blue sky” laws of such jurisdictions in the United States as the Holders of
Registrable Securities included in such Registration Statement (in light of their intended plan of distribution) may request and to
keep such registration or qualification in effect for so long as such Registration Statement remains in effect and (b) take such
action necessary to cause such Registrable Securities covered by the Registration Statement to be registered with or approved by
such other governmental authorities as may be necessary by virtue of the business and operations of the Company or otherwise and do
any and all other acts and things that may be necessary or advisable, in each case, to enable the Holders of Registrable Securities
included in such Registration Statement to consummate the disposition of such Registrable Securities in such jurisdictions; provided, however,
that the Company shall not be required to qualify generally to do business in any jurisdiction where it would not otherwise be
required to qualify or take any action to which it would be subject to general service of process or taxation in any such
jurisdiction where it is not then otherwise so subject;

 

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3.1.5.     
cause all such Registrable Securities to be listed on each securities exchange or automated quotation system on which similar securities
issued by the Company are then listed no later than the effective date of such Registration Statement;

 

3.1.6.     
provide a transfer agent or warrant agent, as applicable, and registrar for all such Registrable Securities no later than the effective
date of such Registration Statement;

 

3.1.7.     
promptly furnish to each seller of Registrable Securities covered by such Registration Statement such number of conformed copies
of such Registration Statement and of each such amendment and supplement thereto (in each case including all exhibits), such number of
copies of the Prospectus contained in such Registration Statement (including each preliminary Prospectus and any summary Prospectus) and
any other Prospectus filed under Rule 424 under the Securities Act, in conformity with the requirements of the Securities Act, and such
other documents as such seller may reasonably request;

 

3.1.8.     
advise each seller of such Registrable Securities, promptly after it shall receive notice or obtain knowledge thereof, of any written
comments by the Commission or any request by the Commission that the Company amend or supplement such Registration Statement or Prospectus
or the issuance of any stop order by the Commission suspending the effectiveness of such Registration Statement or Prospectus the initiation
or threatening of any proceeding for such purpose and promptly use its reasonable best efforts to amend or supplement such Registration
Statement or Prospectus or prevent the issuance of any stop order or to obtain its withdrawal if such stop order should be issued, as
applicable;

 

3.1.9.     
advise each Holder of Registrable Securities covered by such Registration Statement, promptly after the Company receives notice
thereof, of the time when such registration statement has been declared effective or a supplement to any Prospectus forming a part of
such registration statement has been filed;

 

3.1.10.    at least five (5) days prior to the filing of any Registration Statement or Prospectus or any amendment or supplement to such Registration
Statement or Prospectus or any document that is to be incorporated by reference into such Registration Statement or Prospectus, furnish
a copy thereof to each seller of such Registrable Securities and its counsel (including, without limitation, providing copies promptly
upon receipt of any comment letters received with respect to any such Registration Statement or Prospectus), and not to file any such
Registration Statement or Prospectus, or amendment or supplement thereto, to which any such Holder or Registrable Securities shall have
reasonably objected;

 

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3.1.11.    notify the Holders at any time when a Prospectus relating to such Registration Statement is required to be delivered under the
Securities Act, of the happening of any event or the existence of any condition as a result of which the Prospectus included in such
Registration Statement, as then in effect, includes a Misstatement, or in the opinion of counsel for the Company it is necessary to supplement
or amend such Prospectus to comply with law, and then to correct such Misstatement or include such information as is necessary to comply
with law, in each case as set forth in Section 3.4 hereof, at the request of any such Holder promptly prepare and furnish to such
Holder a reasonable number of copies of a supplement to or an amendment of such Prospectus as may be necessary so that, as thereafter
delivered to the purchasers of such securities, such Prospectus shall not include a Misstatement or such Prospectus, as supplemented
or amended, shall comply with law;

 

3.1.12.    permit
a representative of the Holders (such representative to be selected by a majority of the participating Holders), the Underwriters, if
any, and any attorney or accountant retained by such Holders or Underwriter to participate in the preparation of any Registration Statement,
each such Prospectus included therein or filed with the Commission, and each amendment or supplement thereto, and will give each of them
such access to its books and records and such opportunities to discuss the business, finances and accounts of the Company and its subsidiaries
with its officers, directors and the independent public accountants who have certified its financial statements as shall be necessary,
in the opinion of such Holders’ and such Underwriters’ respective counsel, to conduct a reasonable investigation within the
meaning of the Securities Act, and will cause the Company’s officers, directors and employees to supply all information reasonably
requested by any such representative, Underwriter, attorney or accountant in connection with the Registration; provided, however,
that if requested by the Company, such representatives or Underwriters enter into a confidentiality agreement, in form and substance
reasonably satisfactory to the Company, prior to the release or disclosure of any such information; and provided, further,
the Company may not include the name of any Holder or Underwriter or any information regarding any Holder or Underwriter in any Registration
Statement or Prospectus, any amendment or supplement to such Registration Statement or Prospectus, any document that is to be incorporated
by reference into such Registration Statement or Prospectus, or any response to any comment letter, without the prior written consent
of such Holder or Underwriter and providing each such Holder or Underwriter a reasonable amount of time to review and comment on such
applicable document, which comments the Company shall include unless contrary to applicable law;

 

3.1.13.    obtain
a “cold comfort” letter (including a bring-down letter dated as of the date the Registrable Securities are delivered for
sale pursuant to such Registration) from the Company’s independent registered public accountants in the event of an Underwritten
Offering which the participating Holders may rely on (if requested by a participating Holder), in customary form and covering such matters
of the type customarily covered by “cold comfort” letters as the managing Underwriter may reasonably request, and reasonably
satisfactory to the participating Holders and any Underwriter;

 

3.1.14.    on
the date the Registrable Securities are delivered for sale pursuant to such Registration, obtain an opinion and negative assurance letter,
dated such date, of counsel representing the Company for the purposes of such Registration, addressed to the Holders, the placement agent
or sales agent, if any, and the Underwriters, if any, covering such legal matters with respect to the Registration in respect of which
such opinion is being given as the Holders, placement agent, sales agent, or Underwriter may reasonably request and as are customarily
included in such opinions and negative assurance letters, and reasonably satisfactory to the participating Holders and any Underwriter;

 

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3.1.15.    in
the event of any Underwritten Offering, enter into and perform its obligations under an underwriting agreement and a “lock up”
agreement, in usual and customary form, with the managing Underwriter of such offering;

 

3.1.16.    otherwise
use its reasonable best efforts to comply with all applicable rules and regulations of the Commission, and to make available to its security
holders, as soon as reasonably practicable, an earnings statement covering the period of at least twelve (12) months beginning with the
first day of the Company’s first full calendar quarter after the effective date of the Registration Statement which satisfies the
provisions of Section 11(a) of the Securities Act and the rules and regulations thereunder, including Rule 158 thereunder (or any successor
rule promulgated thereafter by the Commission);

 

3.1.17.    make
available senior executives of the Company to participate in customary “road show” presentations or meetings with potential
investors that may be reasonably requested by the Underwriter in any Underwritten Offering; and

 

3.1.18.    otherwise,
in good faith, cooperate reasonably with, and take such customary actions as may reasonably be requested by the Holders, including causing
the officers and directors of the Company to enter into customary “lock-up agreements,” in connection with such Registration.

 

3.2.           
Registration Expenses. The Registration Expenses of all
Registrations shall be borne by the Company. It is acknowledged by the Holders that the Holders shall bear all incremental selling expenses
relating to the sale of Registrable Securities, such as Underwriters’ commissions and discounts, brokerage fees and, other than
as set forth in the definition of “Registration Expenses,” all reasonable fees and expenses of any legal counsel representing
the Holders.

 

3.3.           
Participation in Underwritten Offerings.

 

3.3.1.     
No person may participate in any Underwritten Offering for equity securities of the Company pursuant to a Registration initiated
by the Company hereunder unless such person (a) agrees to sell such person’s securities on the basis provided in any underwriting
arrangements approved by the Company and (b) completes and executes all customary questionnaires, indemnities, lock-up agreements, underwriting
agreements and other customary documents as may be reasonably required under the terms of such underwriting arrangements.

 

3.3.2.      Holders
participating in an Underwritten Offering may, at their option, require that any or all of the representations and warranties by,
and the other agreements on the part of, the Company to and for the benefit of the Underwriters shall also be made to and for the
benefit of such Holders and that any or all of the conditions precedent to the obligations of such Underwriters shall also be made
to and for the benefit of such Holders; provided, however, that the Company shall not be required to make any
representations or warranties with respect to written information specifically provided by a Holder in writing for inclusion in the
Registration Statement.

 

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3.3.3.     
The Company will use its commercially reasonable efforts to ensure that no Underwriter shall require any Holder to make any representations
or warranties to or agreements with the Company or the Underwriters other than representations, warranties or agreements regarding such
Holder and such Holder’s intended method of distribution and any other representation required by law, and if, despite the Company’s
commercially reasonable efforts, an Underwriter requires any Holder to make additional representation or warranties to or agreements with
such Underwriter, such Holder may elect not to participate in such Underwritten Offering (but shall not have any claims against the Company
as a result of such election). Any liability of such Holder to any Underwriter or other person under such underwriting agreement shall
be limited to an amount equal to the proceeds (net of expenses and underwriting discounts and commissions) that it derives from such registration.

 

3.4.           
Suspension of Sales; Adverse Disclosure. Upon receipt of
written notice from the Company that a Registration Statement or Prospectus contains a Misstatement, or in the opinion of counsel for
the Company it is necessary to supplement or amend such Prospectus to comply with law, each of the Holders shall forthwith discontinue
disposition of Registrable Securities until it has received copies of a supplemented or amended Prospectus correcting the Misstatement
or including the information counsel for the Company believes to be necessary to comply with law (it being understood that the Company
hereby covenants to prepare and file such supplement or amendment as soon as practicable after the time of such notice such that the Registration
Statement or Prospectus, as so amended or supplemented, as applicable, will not include a Misstatement and complies with law), or until
it is advised in writing by the Company that the use of the Prospectus may be resumed. If the filing, initial effectiveness or continued
use of a Registration Statement in respect of any Registration at any time would require the Company to make an Adverse Disclosure or
would require the inclusion in such Registration Statement of financial statements that are unavailable to the Company for reasons beyond
the Company’s control, the Company may, upon giving prompt written notice of such action to the Holders, delay the filing or initial
effectiveness of, or suspend use of, such Registration Statement for the shortest period of time, but in no event more than thirty (30)
days, determined in good faith by the Board to be necessary for such purpose; provided, that each day of any such suspension pursuant
to this Section 3.4 shall correspondingly decrease the Aggregate Blocking Period available to the Company during any twelve (12)-month
period pursuant to Section 2.4 hereof. In the event the Company exercises its rights under the preceding sentence, the Holders
agree to suspend, immediately upon their receipt of the notice referred to above, their use of the Prospectus relating to any Registration
in connection with any sale or offer to sell Registrable Securities. The Company shall immediately notify the Holders of the expiration
of any period during which it exercised its rights under this Section 3.4.

 

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3.5.           
 Covenants of the Company. As long as any Holder shall own
Registrable Securities, the Company hereby covenants and agrees:

 

3.5.1.     
the Company will not file any Registration Statement or Prospectus included therein or any other filing or document (other than
this Agreement) with the Commission which refers to any Holder of Registrable Securities by name or otherwise without the prior written
approval of such Holder;

 

3.5.2.     
the Company will not effect or permit to occur any combination or subdivision of securities which would adversely affect the ability
of the Holders to effect registration of Registrable Securities in the manner contemplated by this Agreement;

 

3.5.3.     
at all times while it shall be a reporting company under the Exchange Act, to file timely (or obtain extensions in respect thereof
and file within the applicable grace period) all reports required to be filed by the Company after the date hereof pursuant to Sections
13(a) or 15(d) of the Exchange Act and to promptly furnish the Holders with true and complete copies of all such filings. The Company
further covenants that it shall take such further action as any Holder may reasonably request, all to the extent required from time to
time to enable such Holder to sell shares of Common Stock held by such Holder without registration under the Securities Act within the
limitation of the exemptions provided by Rule 144 promulgated under the Securities Act (or any successor rule promulgated thereafter by
the Commission), including providing any legal opinions. Upon the request of any Holder, the Company shall deliver to such Holder a written
certification of a duly authorized officer as to whether it has complied with such requirements; and

 

3.5.4.     
promptly following the effectiveness of the shelf registration statement required by subsection 2.1.1 (and in any event
within three (3) business days from such effectiveness), the Company shall cause the transfer agent to remove any restrictive legends
(including any electronic transfer restrictions) from any Common Stock or Private Placement Warrants held by such Holder and provide or
cause any customary opinions of counsel to be delivered to the transfer agent in connection with such removal.

 

Article
IV

INDEMNIFICATION AND CONTRIBUTION

 

4.1.           
Indemnification.

 

4.1.1.      In
connection with any registration of and/or any offering and sale of Registrable Securities pursuant to this Agreement, the Company
agrees to indemnify, to the full extent permitted by law, each Holder of Registrable Securities, its officers, directors, partners,
stockholders or members, employees, agents, investment advisors and each person who controls such Holder (within the meaning of the
Securities Act and Exchange Act) from and against all losses, claims, damages, liabilities and expenses (including attorneys’
fees), joint or several (or actions or proceedings, whether commenced or threatened, in respect thereof) (collectively,
 “Claims”), to which any such Holder or other persons may become subject, insofar as such Claims arise out
of or are based on any untrue or alleged untrue statement of any material fact contained in any Registration Statement, Prospectus
or preliminary Prospectus or any amendment thereof or supplement thereto or any omission or alleged omission of a material fact
required to be stated therein or necessary to make the statements therein not misleading, and the Company will reimburse such Holder
or other person for any legal or any other expenses reasonably incurred by them in connection with investigating or defending any
such Claim; except insofar as the Claim or expense arises out of or is based upon an untrue statement or alleged untrue statement or
omission or alleged omission made in such filing in reliance upon and in conformity with information furnished in writing to the
Company by such Holder expressly for use therein. The Company shall indemnify the Underwriters, their officers and directors and
each person who controls such Underwriters (within the meaning of the Securities Act and Exchange Act) to the same extent as
provided in the foregoing with respect to the indemnification of the Holder.

 

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4.1.2.     
In connection with any Registration Statement in which a Holder of Registrable Securities is participating, the Company may require
that, as a condition to including any Registrable Securities in any Registration Statement, the Company shall have received an undertaking
reasonably satisfactory to it from such Holder, to indemnify the Company, its directors and officers and agents and each person who controls
the Company (within the meaning of the Securities Act and Exchange Act) from and against any Claims, to which any the Company or such
other persons may become subject, insofar as such Claims arise out of or are based on any untrue statement of any material fact contained
in the Registration Statement, Prospectus or preliminary Prospectus or any amendment thereof or supplement thereto or any omission of
a material fact required to be stated therein or necessary to make the statements therein not misleading, but only to the extent that
such untrue statement or omission is contained in any information furnished in writing by such Holder expressly for use therein; provided,
however, that the obligation to indemnify shall be several, not joint and several, among such Holders of Registrable Securities,
and the liability of each such Holder of Registrable Securities shall be in proportion to and limited to the net proceeds received by
such Holder from the sale of Registrable Securities pursuant to such Registration Statement. The Holders of Registrable Securities shall
indemnify the Underwriters, their officers, directors and each person who controls such Underwriters (within the meaning of the Securities
Act and Exchange Act) to the same extent as provided in the foregoing with respect to indemnification of the Company and the Company shall
use its commercially reasonable efforts to ensure that no Underwriter shall require any Holder of Registrable Securities to provide any
indemnification other than that provided hereinabove in this subsection 4.1.2, and, if, despite the Company’s commercially
reasonable efforts, an Underwriter requires any Holder of Registrable Securities to provide additional indemnification, such Holder may
elect not to participate in such Underwritten Offering (but shall not have any claim against the Company as a result of such election).

 

4.1.3.      Any
person entitled to indemnification herein shall (a) give prompt written notice to the indemnifying party of any Claim with respect
to which it seeks indemnification (provided that the failure to give prompt notice shall not impair any person’s right to
indemnification hereunder to the extent such failure has not materially prejudiced the indemnifying party) and (b) unless in such
indemnified party’s reasonable judgment a conflict of interest between such indemnified and indemnifying parties may exist
with respect to such Claim, permit such indemnifying party to assume the defense of such Claim with counsel reasonably satisfactory
to the indemnified party. An indemnifying party who is not entitled to, or elects not to, assume the defense of a claim shall not be
obligated to pay the fees and expenses of more than one (1) counsel (plus local counsel) for all parties indemnified by such
indemnifying party with respect to such claim, unless in the reasonable judgment of any indemnified party a conflict of interest may
exist between such indemnified party and any other of such indemnified parties with respect to such claim. No indemnifying party
shall, without the consent of the indemnified party, consent to the entry of any judgment or enter into any settlement which cannot
be settled in all respects by the payment of money (and such money is so paid by the indemnifying party pursuant to the terms of
such settlement) and which settlement includes a statement or admission of fault or culpability on the part of such indemnified
party or does not include as an unconditional term thereof the giving by the claimant or plaintiff to such indemnified party of a
release from all liability in respect to such claim or litigation.

 

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4.1.4.     
The indemnification provided for under this Agreement shall remain in full force and effect regardless of any investigation made
by or on behalf of the indemnified party or any officer, director, partners, stockholders or members, employees, agents, investment advisors
or controlling person of such indemnified party and shall survive the transfer of Registrable Securities.

 

4.1.5.      If
the indemnification provided under Section 4.1 hereof from the indemnifying party is unavailable or insufficient to hold
harmless an indemnified party in respect of any Claims, then the indemnifying party, in lieu of indemnifying the indemnified party,
shall contribute to the amount paid or payable by the indemnified party as a result of such Claims (a) in such proportion as is
appropriate to reflect the relative benefits received by the indemnifying party or parties on the one hand and the indemnified party
or parties on the other hand from the offering of the Registrable Securities or (b) if the allocation provided by clause (a) above
is not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in
clause (a) above but also to reflect the relative fault of the indemnifying party or parties on the other hand in connection with
the statements or omissions that resulted in such Claims, as well as any other relevant equitable considerations. The relative fault
of the indemnifying party and indemnified party shall be determined by reference to, among other things, whether any action in
question, including any untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material
fact, was made by, or relates to information supplied by, such indemnifying party or indemnified party, and the indemnifying
party’s and indemnified party’s relative intent, knowledge, access to information and opportunity to correct or prevent
such action; provided, however, that the liability of any Holder or any director, officer, employee, agent, investment
advisor or controlling person thereof under this subsection 4.1.5 shall be limited to the amount of the net proceeds received
by such Holder in such offering giving rise to such liability. The amount paid or payable by a party as a result of the losses or
other liabilities referred to above shall be deemed to include, subject to the limitations set forth in subsections 4.1.1, 4.1.2
and 4.1.3 above, any legal or other fees, charges or expenses reasonably incurred by such party in connection with any
investigation or proceeding. The parties hereto agree that it would not be just and equitable if contribution pursuant to this subsection
4.1.5 were determined by pro rata allocation or by any other method of allocation, which does not take account of the equitable
considerations referred to in this subsection 4.1.5. No person guilty of fraudulent misrepresentation (within the meaning of
Section 11(f) of the Securities Act) shall be entitled to contribution pursuant to this subsection 4.1.5 from any person who
was not guilty of such fraudulent misrepresentation.

 

4.1.6.     
The indemnification required by this Section 4.1 shall be made by periodic payments of the amount thereof during the course
of the investigation or defense, as and when bills are received or expense, loss, damage or liability is incurred.

 

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Article
V

MISCELLANEOUS

 

5.1.           
Notices. Any notice or communication under this Agreement
must be in writing and given by (a) delivery in person or by courier service providing evidence of delivery, or (b) transmission by hand
delivery, electronic mail or facsimile. Each notice or communication that is delivered or transmitted in the manner described above shall
be deemed sufficiently given, served, sent, and received, in the case of notices delivered by courier service, hand delivery, electronic
mail or facsimile, at such time as it is delivered to the addressee (with the delivery receipt or the affidavit of messenger) or at such
time as delivery is refused by the addressee upon presentation. Any notice or communication under this Agreement must be addressed, if
to the Company, to: Hillman Solutions Corp., 10590 Hamilton Avenue, Cincinnati, OH 45231, Attention: Chief Executive Officer and General
Counsel, and, if to any Holder, at such Holder’s address or contact information (including e-mail address) as set forth in the Company’s
books and records. Any party may change its address for notice at any time and from time to time by written notice to the other parties
hereto, and such change of address shall become effective thirty (30) days after delivery of such notice as provided in this Section
5.1.

 

5.2.           
Assignment; No Third Party Beneficiaries.

 

5.2.1.     
This Agreement and the rights, duties and obligations of the Company hereunder may not be assigned or delegated by the Company
in whole or in part.

 

5.2.2.     
The rights of a Holder hereunder may be assigned (but only with all related obligations as set forth below) in connection with
a Transfer of Registrable Securities to a Permitted Transferee of that Holder. No assignment by any Holder of such Holder’s rights,
duties and obligations hereunder shall be binding upon or obligate the Company unless and until the Company shall have received (a) written
notice of such assignment as provided in Section 5.1 hereof and (b) the written agreement of the Permitted Transferee to which
the assignment is being made, in a form reasonably satisfactory to the Company, to be bound by the terms and provisions of this Agreement
(which may be accomplished by an addendum or certificate of joinder to this Agreement). Any transfer or assignment made other than as
provided in this Section 5.2 shall be null and void.

 

5.2.3.     
This Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the parties and its successors
and the permitted assigns of the applicable Holders.

 

5.2.4.     
 This Agreement shall not confer any rights or benefits on any persons that are not parties hereto, other than as expressly set
forth in this Agreement and Section 5.2 hereof.

 

    25

     

    

 

5.3.           
Counterparts. This Agreement may be executed in multiple
counterparts (including facsimile or PDF counterparts), each of which shall be deemed an original, and all of which together shall constitute
the same instrument, but only one of which need be produced.

 

5.4.           
Governing Law; Venue. NOTWITHSTANDING THE PLACE WHERE THIS
AGREEMENT MAY BE EXECUTED BY ANY OF THE PARTIES HERETO, THE PARTIES EXPRESSLY AGREE THAT (I) THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED
UNDER THE LAWS OF THE STATE OF NEW YORK AS APPLIED TO AGREEMENTS AMONG NEW YORK RESIDENTS ENTERED INTO AND TO BE PERFORMED ENTIRELY WITHIN
NEW YORK, AND (II) THE VENUE FOR ANY ACTION TAKEN WITH RESPECT TO THIS AGREEMENT SHALL BE ANY STATE OR FEDERAL COURT IN NEW YORK COUNTY
IN THE STATE OF NEW YORK.

 

5.5.           
Amendments and Modifications. Upon the written consent of
the Company and the Holders of at least a majority in interest of the Registrable Securities at the time in question, compliance with
any of the provisions, covenants and conditions set forth in this Agreement may be waived, or any of such provisions, covenants or conditions
may be amended or modified; provided, however, that notwithstanding the foregoing, (a) any amendment hereto or waiver hereof
that adversely affects one Holder, solely in its capacity as a holder of the shares of capital stock of the Company, in a manner that
is adverse and different from the other Holders (in such capacity) shall require the consent of the Holder so affected, and (b) the consent
of any Sponsor, CCMP Holder and Oak Hill Holder, as applicable, shall be required for any amendment, modification or waiver which has
an adverse effect on the specific and personal rights, limitations or obligations of such Holder. No course of dealing between any Holder
or the Company and any other party hereto or any failure or delay on the part of a Holder or the Company in exercising any rights or remedies
under this Agreement shall operate as a waiver of any rights or remedies of any Holder or the Company. No single or partial exercise of
any rights or remedies under this Agreement by a party shall operate as a waiver or preclude the exercise of any other rights or remedies
hereunder or thereunder by such party.

 

5.6.           
Other Registration Rights. Other than pursuant to the terms
of the Subscription Agreements, the Company represents and warrants that no person, other than a Holder of Registrable Securities, has
any right to require the Company to register any securities of the Company for sale or to include such securities of the Company in any
Registration filed by the Company for the sale of securities for its own account or for the account of any other person. Further, the
Company represents and warrants that this Agreement supersedes any other registration rights agreement or agreement with similar terms
and conditions among the parties thereto and in the event of a conflict between any such agreement or agreements and this Agreement, the
terms of this Agreement shall prevail.

 

5.7.            Term.
This Agreement shall terminate upon the earlier of the date as of which (A) all of the Registrable Securities have been sold
pursuant to a Registration Statement (but in no event prior to the applicable period referred to in Section 4(a)(3) of the
Securities Act and Rule 174 thereunder (or any successor rule promulgated thereafter by the Commission)) or (B) no Holder holds
Registrable Securities. The provisions of Section 3.5 and Article IV shall survive any termination.

 

[Signature Pages Follow]

 

    26

     

    

 

IN WITNESS WHEREOF,
the undersigned have caused this Agreement to be executed as of the date first written above.

 

	 	COMPANY:
	 	 
	 	Hillman Solutions Corp.,
	 	a Delaware corporation
	 	 
	 	By:	/s/ Douglas J. Cahill
	 	 	Name: Douglas J. Cahill
	 	 	Title: President and Chief Executive Officer
	 	 
	 	SPONSORS:
	 	 
	 	JEFFERIES FINANCIAL GROUP INC.,
	 	a New York corporation
	 	 
	 	By:	/s/ Michael Sharp
	 	 	Name: Michael Sharp
	 	 	Title: General Counsel
	 	 
	 	TJF, LLC,
	 	a Delaware limited liability company
	 	 
	 	By:	/s/ Steven L. Scheinthal
	 	 	Name: Steven L. Scheinthal
	 	 	Title: Vice President

 

[Signature Page to A&R Registration Rights
Agreement]

 

     

     

    

 

	 	CCMP HOLDERS:
	 	 
	 	CCMP CAPITAL INVESTORS III, L.P.,
	 	
    a Delaware limited liability company

     

    By: CCMP Capital Associates III, L.P., its general partner

     

    By: CCMP Capital Associates GP, LLC, its general partner

	 	 
	 	By:	/s/ Richard F. Zannino
	 	 	Name: Richard F. Zannino
	 	 	Title: Managing Director
	 	 
	 	CCMP CAPITAL INVESTORS (EMPLOYEE) III, L.P.,
	 	a Delaware limited liability company
	 	
     

    By: CCMP Capital Associates III, L.P., its general partner

     

    By: CCMP Capital Associates GP, LLC, its general partner

	 	 
	 	By:	/s/ Richard F. Zannino
	 	 	Name: Richard F. Zannino
	 	 	Title: Managing Director
	 	
    
	 
	 	CCMP CO-INVEST III A, L.P.,
	 	a Delaware limited liability company
	 	 
	 	
    By: CCMP Co-Invest III A GP, LLC, its general partner

     

	 	By:	/s/ Richard F. Zannino
	 	 	Name: Richard F. Zannino
	 	 	Title: Managing Director

 

[Signature Page to A&R Registration Rights
Agreement]

 

     

     

    

 

	 	
    OAK HILL HOLDERS:

     

    OAK HILL CAPITAL PARTNERS III, L.P.,

	 	a Delaware limited partnership
	 	 
	 	By:	OHCP GenPar III, L.P., its General Partner
	 	 	 
	 	By:	OHCP MGP Partners III, L.P., its General Partner
	 	 	 
	 	By:	OHCP MGP III, Ltd., its General Partner
	 	 	 
	 	By:	/s/ Allan Kahn
	 	 	Name: Allan Kahn
	 	 	Title: Authorized Signatory
	 	
     

    OAK HILL CAPITAL MANAGEMENT PARTNERS III, L.P.,

	 	a Delaware limited partnership
	 	 
	 	By:	OHCP GenPar III, L.P., its General Partner
	 	 	 
	 	By:	OHCP MGP Partners III, L.P., its General Partner
	 	 	 
	 	By:	OHCP MGP III, Ltd., its General Partner
	 	 	 
	 	By:	/s/ Allan Kahn
	 	 	Name: Allan Kahn
	 	 	Title: Authorized Signatory

 

[Signature Page to A&R Registration Rights
Agreement]

 

     

     

    

 

	 	OHCP III HC RO, L.P.,
	 	a Delaware limited partnership
	 	 
	 	By:	OHCP GenPar III, L.P., its General Partner
	 	 	 
	 	By:	OHCP MGP Partners III, L.P., its General Partner
	 	 	 
	 	By:	OHCP MGP III, Ltd., its General Partner
	 	 	 
	 	By:	/s/ Allan Kahn
	 	 	Name: Allan Kahn
	 	 	Title: Authorized Signatory

 

[Signature Page to A&R Registration Rights
Agreement]

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