Document:

Exhibit 10.54
Brainstorm Cell Therapeutics Inc.
4th Amendment to the Second Amended and Restated Director Compensation Plan
(adopted October 28, 2021)
This 4th Amendment to the Second Amended and Restated Director Compensation Plan is hereby adopted by the Board of Directors (the “Board”) of Brainstorm Cell Therapeutics Inc. (the “Corporation”) and amends the Second Amended and Restated Director Compensation Plan of the Corporation dated July 9, 2014, as amended by the 1st Amendment to the Second Amended and Restated Director Compensation Plan dated April 29, 2015, the 2nd Amendment to the Second Amended and Restated Director Compensation Plan dated February 26, 2017 and the 3rd Amendment to the Second Amended and Restated Director Compensation Plan dated July 13, 2017 (as amended, the “Plan”), with effect from the date of adoption by the Board, as follows:
Section 2 of the Plan be amended and restated in its entirety as follows:
2.            Eligible Participants. Any director of the Corporation who is not an employee of the Corporation or any of its subsidiaries or affiliates (an “Independent Director”) is an eligible participant. However, Dr. June S. Almenoff and Dr. Menghisteab Bairu shall not be entitled to receive annual director awards under the Plan, but are entitled to committee compensation under the Plan in the event that they qualify for and serve as a member of any committee of the Board.
Section 13 of the Plan be amended and restated in its entirety as follows:
13.          No Right to Any Other Compensation. Other than with respect to Dr. June S. Almenoff and Dr. Menghisteab Bairu, this Plan constitutes the full and complete compensation to an Independent Director for all services as a director of the Corporation, whether as a member of the Board of Directors, a member of a committee of the Board of Directors, or as Chairperson of the Board of Directors.Exhibit 10.5 

 

EXECUTION VERSION 

 

AMENDMENT NO. 1 TO VOTING AND SUPPORT AGREEMENT

 

This AMENDMENT NO. 1 TO VOTING AND SUPPORT AGREEMENT
(this “Amendment”) is entered into as of March 9, 2022, by and among TH International Limited, a Cayman Islands
exempted company (the “Company”), Silver Crest Acquisition Corporation, a Cayman Islands exempted company (“SPAC”),
and Silver Crest Management LLC, Cayman Islands limited liability company (“Sponsor”). Unless otherwise specifically
defined herein, all capitalized terms used but not defined herein shall have the meanings ascribed to them under the Agreement (as defined
below).

 

WHEREAS, the parties hereto entered into
that certain Voting and Support Agreement, dated as of August 13, 2021 (as may be amended and modified from time to time, including
by this Amendment, the “Agreement”) in connection with that certain Agreement and Plan of Merger, dated as of August 13,
2021 (as may be amended and modified from time to time, including by its Amendment No. 1, dated as of January 30, 2022, and
Amendment No. 2, dated as of the date hereof, the “Merger Agreement”)) entered into by and among the Company,
Miami Swan Ltd, a Cayman Islands exempted company and wholly-owned subsidiary of the Company (“Merger Sub”), and SPAC,
pursuant to which, among other things, (i) Merger Sub will be merged with and into SPAC (the “First Merger”),
with SPAC surviving the First Merger as a wholly owned subsidiary of the Company, and (ii) SPAC will be merged with and into the
Company (the “Second Merger” and together with the First Merger, the “Mergers”), with the Company
surviving the Second Merger;

 

WHEREAS, Section 5.3 of the Agreement
provides that the provisions of Article XI (other than Section 11.06) of the Merger Agreement are incorporated therein by reference,
mutatis mutandis, as if set forth in full therein, and pursuant to Section 11.09 of the Merger Agreement, the Merger Agreement
may be amended or modified in whole or in part, only by an agreement in writing executed by each of the Parties to the Merger Agreement
in the same manner as the Merger Agreement and which makes reference to the Merger Agreement;

 

WHEREAS, by analogy to Section 11.06
of the Merger Agreement, the Agreement may be amended or modified in whole or in part, only by an agreement in writing executed by each
of the Company, SPAC and Sponsor in the same manner as the Agreement and which makes reference to the Agreement; and

 

WHEREAS, the parties hereto, consisting
of the Company, SPAC and Sponsor, expressly making reference to the Agreement, now desire to amend the Agreement as set forth below.

 

NOW, THEREFORE, in consideration of the
foregoing and the mutual covenants and agreements herein contained, and intending to be legally bound hereby, the parties hereto agree
as follows:

 

1.            Amendment
to the Agreement.

 

1.1            Amendment
to Article IV. Article IV of the Agreement is hereby amended and supplemented by adding the following Section 4.13:

 

“4.13      Contribution
by Sponsor. Immediately prior to, and contingent upon, the First Effective Time, Sponsor hereby agrees to contribute to the capital
of SPAC for no consideration (i) 4,312,500 SPAC Shares and (ii) 4,450,000 SPAC Private Placement Warrants, each beneficially
owned by Sponsor as of the date hereof (the “Contribution”). For U.S. federal and applicable state and local income
tax purposes, each of Sponsor and SPAC intends for the Contribution to be treated as a contribution to the capital of SPAC within the
meaning of Section 118 of the Internal Revenue Code of 1986, as amended.”

 

     

     

    

 

2.            Miscellaneous

 

2.1            No
Further Amendment. The parties hereto agree that all other provisions of the Agreement shall, subject to the amendments set forth
in Section 1 of this Amendment, continue unmodified, in full force and effect and constitute legal and binding obligations of the
parties in accordance with their terms. This Amendment is limited precisely as written and shall not be deemed to be an amendment to any
other term or condition of the Agreement or any of the documents referred to therein. This Amendment forms an integral and inseparable
part of the Agreement.

 

2.2            Representations
and Warranties.

 

Each party hereto hereby represents and warrants
to each other party that:

 

(a)            It
has all necessary corporate power and authority to execute and deliver this Amendment and to perform its obligations hereunder. The execution
and delivery of this Amendment by it have been duly and validly authorized by all necessary corporate action, and no other corporate proceedings
on its part are necessary to authorize the execution and delivery of this Amendment.

 

(b)            This
Amendment has been duly and validly executed and delivered by it and, assuming due authorization, execution and delivery by each other
party, constitutes a legal, valid and binding obligation of such party, enforceable against it in accordance with its terms, subject to
the Enforceability Exceptions.

 

2.3            Acknowledgment.
The parties hereto acknowledge and agree that Sponsor has no obligation to donate or transfer SPAC Warrants to a charitable foundation,
and any obligation that existed prior to the date hereof is irrevocably waived.

 

2.4            References.
Each reference to “this Agreement,” “hereof,” “herein,” “hereunder,” “hereby”
and each other similar reference contained in the Agreement shall, effective from the date of this Amendment, refer to the Agreement as
amended by this Amendment. Notwithstanding the foregoing, references to the date of the Agreement and references in the Agreement, as
amended hereby, to “the date hereof,” “the date of this Agreement” and other similar references shall in all instances
continue to refer to August 13, 2021 and references to the date of this Amendment and “as of the date of this Amendment”
shall refer to March 9, 2022.

 

2.5            Effect
of Amendment. This Amendment shall form a part of the Agreement for all purposes, and each party thereto and hereto shall be bound
hereby. From and after the execution of this Amendment by the parties hereto, any reference to the Agreement shall be deemed a reference
to the Agreement as amended hereby. This Amendment shall be deemed to be in full force and effect from and after the execution of this
Amendment by the parties hereto.

 

    2

     

    

 

2.6            Other
Miscellaneous Terms. The provisions of Article V (General Provision) of the Agreement shall apply mutatis mutandis
to this Amendment, and to the Agreement as amended by this Amendment, taken together as a single agreement, reflecting the terms therein
as amended by this Amendment.

 

[Signature pages follow]

 

    3

     

    

 

IN WITNESS WHEREOF, each party has duly executed
and delivered this Amendment as a deed, all as of the date first written above.

 

	 	EXECUTED AND DELIVERED AS A DEED BY:
	 	 
	 	TH INTERNATIONAL LIMITED

 

	 	Signature:	/s/ Paul Hong

 

	 	Name:	Paul Hong

 

	 	Title:	Director

 

[Signature Page to Amendment No. 1 to
Sponsor Voting and Support Agreement]

 

     

     

    

 

IN WITNESS WHEREOF, each party has duly executed
and delivered this Amendment as a deed, all as of the date first written above.

 

 

	 	EXECUTED AND DELIVERED AS A DEED BY:
	 	 
	 	SILVER CREST ACQUISITION CORPORATION

 

	 	Signature:	/s/ Liang Meng

 

	 	Name: 	Liang Meng
	 	 
	 	Title: 	Director

 

[Signature Page to Amendment No. 1 to
Sponsor Voting and Support Agreement]

 

     

     

    

 

IN WITNESS WHEREOF, each party has duly executed
and delivered this Amendment as a deed, all as of the date first written above.

 

	 	EXECUTED AND DELIVERED AS A DEED BY:
	 	 
	 	SILVER CREST MANAGEMENT LLC

 

	 	Signature:	/s/ Liang Meng

 

	 	Name:	 Liang Meng
	 	 
	 	Title: 	Director

 

[Signature Page to Amendment No. 1 to
Sponsor Voting and Support Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00342-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00342-of-00352.parquet"}]]