Document:

Exhibit 10.3

      

      

      PRIVATE PLACEMENT WARRANTS PURCHASE AGREEMENT

      

      

      THIS PRIVATE PLACEMENT WARRANTS PURCHASE AGREEMENT (as it may from time to time be amended and including all exhibits referenced herein, this “Agreement”), dated as of [●], 2021, is entered into by and between B Capital Technology Opportunities Corp., a Cayman Islands
        exempted company (the “Company”), and B Capital Technology Opportunities LLC, a Cayman Islands limited liability company (the
        “Purchaser”).

      

      

      WHEREAS, the Company intends to consummate an initial public offering of the Company’s units (the “Public Offering”), each unit consisting of one Class A ordinary share of the Company, par value $0.0001 per share (each, a “Share”), and one-third of one redeemable warrant, each whole warrant entitling the holder to purchase one Share at an exercise price of $11.50 per Share, as set forth in the
        Company’s Registration Statement on Form S-1, filed with the U.S. Securities and Exchange Commission (the “SEC”), File Number
        333-253319 (the “Registration Statement”), under the Securities Act of 1933, as amended (the “Securities Act”).

      

      

      WHEREAS, the Purchaser has agreed to purchase an aggregate of 6,000,000 warrants (and up to 6,600,000 additional redeemable warrants if the underwriter in
        the Public Offering exercises its option to purchase additional units in full) (the “Private Placement Warrants”), each
        Private Placement Warrant entitling the holder to purchase one Share at an exercise price of $11.50 per Share, at a price of $1.50 per warrant, subject to adjustment.

      

      

      NOW THEREFORE, in consideration of the mutual promises contained in this Agreement and other good and valuable consideration, the receipt and sufficiency of
        which are hereby acknowledged, the parties to this Agreement hereby, intending legally to be bound, agree as follows:

      

      

      AGREEMENT

      

      

      Section 1. Authorization, Purchase and Sale; Terms of the
          Private Placement Warrants.

      

      

      A. Authorization of the Private Placement Warrants. The Company
        has duly authorized the issuance and sale of the Private Placement Warrants to the Purchaser.

      

      

      B. Purchase and Sale of the Private Placement Warrants.

      

      

      (i) On the date of the consummation of the Public Offering (the “IPO Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, 6,000,000 Private Placement Warrants at a price of $1.50 per warrant for an aggregate
        purchase price of $9,000,000 (the “Purchase Price”). The Purchaser shall pay the Purchase Price by wire transfer of
        immediately available funds in the following amounts: (i) $2,000,000 to the Company at a financial institution to be chosen by the Company, and (ii) $7,000,000 to the trust account maintained by Continental Stock Transfer & Trust Company,
        acting as trustee (the “Trust Account”), in each case in accordance with the Company’s wiring instructions, at least one (1)
        business day prior to the IPO Closing Date. On the IPO Closing Date, subject to the receipt of funds pursuant to the immediately prior sentence, the Company, at its option, shall deliver a certificate evidencing the Private Placement Warrants
        purchased on such date duly registered in the Purchaser’s name to the Purchaser or effect such delivery in book-entry form.

      

      

      (ii) On the date of the closing of the option to purchase additional units, if any, in connection with the Public Offering or on such earlier time and date
        as may be mutually agreed by the Purchaser and the Company (the “Option Closing Date”, and each Option Closing Date (if any)
        and the IPO Closing Date, a “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall
        purchase from the Company, up to 600,000 Private Placement Warrants (or, to the extent the option to purchase additional units is not exercised in full, a lesser number of Private Placement Warrants in proportion to portion of the option that is
        exercised) at a price of $1.50 per warrant for an aggregate purchase price of up to $900,000 (the “Option Purchase Price”).
        The Purchaser shall pay the Option Purchase Price in accordance with the Company’s wire instruction by wire transfer of immediately available funds to the Trust Account, at least one (1) business day prior to the Option Closing Date. On the Option
        Closing Date, subject to the receipt of funds pursuant to the immediately prior sentence, the Company shall, at its option, deliver a certificate evidencing the Private Placement Warrants purchased on such date duly registered in the Purchaser’s
        name to the Purchaser or effect such delivery in book-entry form.

      
        
          

      

      

      

      C. Terms of the Private Placement Warrants.

      

      

      (i) Each Private Placement Warrant shall have the terms set forth in a Warrant Agreement to be entered into by the Company and a warrant agent on the IPO
        Closing Date, in connection with the Public Offering (the “Warrant Agreement”).

      

      

      (ii) On the IPO Closing Date, the Company and the Purchaser shall enter into a registration and shareholder rights agreement (the “Registration and Shareholder Rights Agreement”) pursuant to which the Company will grant certain registration rights to the Purchaser relating to
        the Private Placement Warrants and the Shares underlying the Private Placement Warrants.

      

      

      Section 2. Representations and Warranties of the Company.
        As a material inducement to the Purchaser to enter into this Agreement and purchase the Private Placement Warrants, the Company hereby represents and warrants to the Purchaser (which representations and warranties shall survive each Closing Date)
        that:

      

      

      A. Incorporation and Corporate Power. The Company is an exempted
        company duly incorporated, validly existing and in good standing under the laws of the Cayman Islands and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse
        effect on the financial condition, operating results or assets of the Company. The Company possesses all requisite corporate power and authority necessary to carry out the transactions contemplated by this Agreement and the Warrant Agreement.

      

      

      B. Authorization; No Breach.

      

      

      (i) The execution, delivery and performance of this Agreement and the Private Placement Warrants have been duly authorized by the Company as of the Closing
        Date. This Agreement constitutes the valid and binding obligation of the Company, enforceable in accordance with its terms, subject to bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other laws of general applicability
        relating to or affecting creditors’ rights and to general equitable principles (whether considered in a proceeding in equity or law). Upon issuance in accordance with, and payment pursuant to, the terms of the Warrant Agreement and this Agreement,
        the Private Placement Warrants will constitute valid and binding obligations of the Company, enforceable in accordance with their terms as of the Closing Date.

      

      

      (ii) The execution and delivery by the Company of this Agreement and the Private Placement Warrants, the issuance and sale of the Private Placement
        Warrants, the issuance of the Shares upon exercise of the Private Placement Warrants and the fulfillment of and compliance with the respective terms hereof and thereof by the Company, do not and will not as of the Closing Date (a) conflict with or
        result in a breach of the terms, conditions or provisions of, (b) constitute a default under, (c) result in the creation of any lien, security interest, charge or encumbrance upon the Company’s share capital or assets under, (d) result in a
        violation of, or (e) require any authorization, consent, approval, exemption or other action by or notice or declaration to, or filing with, any court or administrative or governmental body or agency pursuant to the memorandum and articles of
        association of the Company (in effect on the date hereof or as may be amended prior to completion of the Public Offering) or any material law, statute, rule or regulation to which the Company is subject, or any agreement, order, judgment or decree
        to which the Company is subject, except for any filings required after the date hereof under federal or state securities laws.

      

      

      C. Title to Securities. Upon issuance in accordance with, and
        payment pursuant to, the terms hereof and the Warrant Agreement and the amended and restated memorandum and articles of association of the Company, and upon registration in the Company’s register of members, the Shares issuable upon exercise of the
        Private Placement Warrants will be duly and validly issued as fully paid and non-assessable. On the date of issuance of the Private Placement Warrants, the Shares issuable upon exercise of the Private Placement Warrants shall have been reserved for
        issuance in accordance with the terms of this Agreement. Upon issuance in accordance with, and payment pursuant to, the terms hereof and the Warrant Agreement, and upon registration in the Company’s register of members, the Purchaser will have good
        title to the Private Placement Warrants purchased by it and the Shares issuable upon exercise of such Private Placement Warrants, free and clear of all liens, claims and encumbrances of any kind, other than (i) transfer restrictions hereunder and
        under the other agreements contemplated hereby, (ii) transfer restrictions under federal and state securities laws, and (iii) liens, claims or encumbrances imposed due to the actions of the Purchaser.

      
        
          

      

      D. Governmental Consents. No permit, consent, approval or
        authorization of, or declaration to or filing with, any governmental authority is required in connection with the execution, delivery and performance by the Company of this Agreement or the consummation by the Company of any other transactions
        contemplated hereby.

      

      

      E. Regulation D Qualification. Neither the Company nor, to its
        actual knowledge, any of its affiliates, members, officers, directors or beneficial shareholders of 20% or more of its outstanding securities, has experienced a disqualifying event as enumerated pursuant to Rule 506(d) of Regulation D under the
        Securities Act.

      

      

      Section 3. Representations and Warranties of the Purchaser.
        As a material inducement to the Company to enter into this Agreement and issue and sell the Private Placement Warrants to the Purchaser, the Purchaser hereby represents and warrants to the Company (which representations and warranties shall survive
        each Closing Date) that:

      

      

      A. Organization and Requisite Authority. The Purchaser possesses
        all requisite power and authority necessary to carry out the transactions contemplated by this Agreement.

      

      

      B. Authorization; No Breach.

      

      

      (i) This Agreement constitutes a valid and binding obligation of the Purchaser, enforceable in accordance with its terms, subject to bankruptcy, insolvency,
        fraudulent conveyance, reorganization, moratorium and other laws of general applicability relating to or affecting creditors’ rights and to general equitable principles (whether considered in a proceeding in equity or law).

      

      

      (ii) The execution and delivery by the Purchaser of this Agreement and the fulfillment of and compliance with the terms hereof by the Purchaser does not and
        shall not as of each Closing Date (a) conflict with or result in a breach by the Purchaser of the terms, conditions or provisions of, (b) constitute a default under, (c) result in the creation of any lien, security interest, charge or encumbrance
        upon the Purchaser’s equity or assets under, (d) result in a violation of, or (e) require authorization, consent, approval, exemption or other action by or notice or declaration to, or filing with, any court or administrative or governmental body
        or agency pursuant to the Purchaser’s organizational documents in effect on the date hereof or as may be amended prior to completion of the contemplated Public Offering, or any material law, statute, rule or regulation to which the Purchaser is
        subject, or any agreement, instrument, order, judgment or decree to which the Purchaser is subject, except for any filings required after the date hereof under federal or state securities laws.

      

      

      C. Investment Representations.

      

      

      (i) The Purchaser is acquiring the Private Placement Warrants and, upon exercise of the Private Placement Warrants, the Shares issuable upon such exercise
        (collectively, the “Securities”) for its own account, for investment purposes only and not with a view towards, or for resale
        in connection with, any public sale or distribution thereof.

      

      

      (ii) The Purchaser is an “accredited
          investor” as such term is defined in Rule 501(a)(3) of Regulation D, and the Purchaser has not experienced a disqualifying event as enumerated pursuant to Rule 506(d) of Regulation D under the Securities Act.

      

      

      (iii) The Purchaser understands that the Securities are being offered and will be sold to it in reliance on specific exemptions from the registration
        requirements of the United States federal and state securities laws and that the Company is relying upon the truth and accuracy of, and the Purchaser’s compliance with, the representations and warranties of the Purchaser set forth herein in order
        to determine the availability of such exemptions and the eligibility of the Purchaser to acquire such Securities.

      

      

      (iv) The Purchaser did not decide to enter into this Agreement as a result of any general solicitation or general advertising within the meaning of Rule
        502(c) under the Securities Act.

      

      

      (v) The Purchaser has been furnished with all materials relating to the business, finances and operations of the Company and materials relating to the offer
        and sale of the Securities which have been requested by the Purchaser. The Purchaser has been afforded the opportunity to ask questions of the executive officers and directors of the Company. The Purchaser understands that its investment in the
        Securities involves a high degree of risk and it has sought such accounting, legal and tax advice as it has considered necessary to make an informed investment decision with respect to the acquisition of the Securities.

      
        
          

      

      (vi) The Purchaser understands that no United States federal or state agency or any other government or governmental agency has passed on or made any
        recommendation or endorsement of the Securities or the fairness or suitability of the investment in the Securities by the Purchaser nor have such authorities passed upon or endorsed the merits of the offering of the Securities.

      

      

      (vii) The Purchaser understands that: (a) the Securities have not been and are not being registered under the Securities Act or any state securities laws,
        and may not be offered for sale, sold, assigned or transferred unless (1) subsequently registered thereunder or (2) sold in reliance on an exemption therefrom; and (b) except as specifically set forth in the Registration and Shareholder Rights
        Agreement, neither the Company nor any other person is under any obligation to register the Securities under the Securities Act or any state securities laws or to comply with the terms and conditions of any exemption thereunder. In this regard, the
        Purchaser understands that the SEC has taken the position that promoters or affiliates of a blank check company and their transferees, both before and after an initial Business Combination, are deemed to be “underwriters” under the Securities Act when reselling the securities of a blank check company. Based on that position, Rule 144 adopted pursuant to the
        Securities Act would not be available for resale transactions of the Securities despite technical compliance with the requirements of such Rule, and the Securities can be resold only through a registered offering or in reliance upon another
        exemption from the registration requirements of the Securities Act.

      

      

      (viii) The Purchaser has such knowledge and experience in financial and business matters, knowledge of the high degree of risk associated with investments
        in the securities of companies in the development stage such as the Company, is capable of evaluating the merits and risks of an investment in the Securities and is able to bear the economic risk of an investment in the Securities in the amount
        contemplated hereunder for an indefinite period of time. The Purchaser has adequate means of providing for its current financial needs and contingencies and will have no current or anticipated future needs for liquidity which would be jeopardized
        by the investment in the Securities. The Purchaser can afford a complete loss of its investments in the Securities.

      

      

      (ix) The Purchaser understands that the Private Placement Warrants shall bear the legend substantially in the form set forth in the Warrant Agreement.

      

      

      Section 4. Conditions of the Purchaser’s Obligations. The
        obligations of the Purchaser to purchase and pay for the Private Placement Warrants are subject to the fulfillment, on or before each Closing Date, of each of the following conditions:

      

      

      A. Representations and Warranties. The representations and
        warranties of the Company contained in Section 2 shall be true and correct at and as of the Closing Date as though then made.

      

      

      B. Performance. The Company shall have performed and complied
        with all agreements, obligations and conditions contained in this Agreement that are required to be performed or complied with by it on or before such Closing Date.

      

      

      C. No Injunction. No litigation, statute, rule, regulation,
        executive order, decree, ruling or injunction shall have been enacted, entered, promulgated or endorsed by or in any court or governmental authority of competent jurisdiction or any self-regulatory organization having authority over the matters
        contemplated hereby, which prohibits the consummation of any of the transactions contemplated by this Agreement or the Warrant Agreement.

      

      

      D. Warrant Agreement and Registration and Shareholder Rights Agreement.
        The Company shall have entered into the Warrant Agreement, in the form of Exhibit A hereto, and the Registration and Shareholder Rights Agreement, in the form of Exhibit B hereto, in each case on terms satisfactory to the Purchaser.

      

      

      Section 5. Conditions of the Company’s Obligations. The
        obligations of the Company to the Purchaser under this Agreement are subject to the fulfillment, on or before each Closing Date, of each of the following conditions:

      

      

      A. Representations and Warranties. The representations and
        warranties of the Purchaser contained in Section 3 shall be true and correct at and as of such Closing Date as though then made.

      

      

      B. Performance. The Purchaser shall have performed and complied
        with all agreements, obligations and conditions contained in this Agreement that are required to be performed or complied with by the Purchaser on or before such Closing Date.

      

      

      C. Corporate Consents. The Company shall have obtained the
        consent of its Board of Directors authorizing the execution, delivery and performance of this Agreement and the Warrant Agreement and the issuance and sale of the Private Placement Warrants hereunder.

      
        
          

      

      D. No Injunction. No litigation, statute, rule, regulation,
        executive order, decree, ruling or injunction shall have been enacted, entered, promulgated or endorsed by or in any court or governmental authority of competent jurisdiction or any self-regulatory organization having authority over the matters
        contemplated hereby, which prohibits the consummation of any of the transactions contemplated by this Agreement or the Warrant Agreement.

      

      

      E. Warrant Agreement. The Company shall have entered into the
        Warrant Agreement.

      

      

      Section 6. Miscellaneous.

      

      

      A. Successors and Assigns. Except as otherwise expressly
        provided herein, all covenants and agreements contained in this Agreement by or on behalf of any of the parties hereto shall bind and inure to the benefit of the respective successors of the parties hereto whether so expressed or not.
        Notwithstanding the foregoing or anything to the contrary herein, the parties may not assign this Agreement, other than assignments by the Purchaser to affiliates thereof (including, without limitation one or more of its members).

      

      

      B. Severability. Whenever possible, each provision of this
        Agreement shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be prohibited by or invalid under applicable law, such provision shall be ineffective only to the
        extent of such prohibition or invalidity, without invalidating the remainder of this Agreement.

      

      

      C. Counterparts. This Agreement may be executed simultaneously
        in two or more counterparts, none of which need contain the signatures of more than one party, but all such counterparts taken together shall constitute one and the same agreement. Signatures to this Agreement transmitted via facsimile or e-mail
        shall be valid and effective to bind the party so signing.

      

      

      D. Descriptive Headings; Interpretation. The descriptive
        headings of this Agreement are inserted for convenience only and do not constitute a substantive part of this Agreement. The use of the word “including” in this Agreement shall be by way of example rather than by limitation.

      

      

      E. Governing Law. This Agreement shall be deemed to be a
        contract made under the laws of the State of New York and for all purposes shall be construed in accordance with the internal laws of the State of New York, without giving effect to conflicts of law principles that would result in the application
        of the laws of another jurisdiction.

      

      

      F. Amendments. This Agreement may not be amended, modified or
        waived as to any particular provision, except by a written instrument executed by the parties hereto.

      

      

      [Signature page follows]

      
        
          

      

      IN WITNESS WHEREOF, the parties hereto have executed this Agreement.

      

      

      	 	 	 	 
	 	
              COMPANY:

            
	 	 
	 	
              B Capital Technology Opportunities Corp.

            
	 	 	 
	 	
              By:

            	 	 
	 	 	 	
              Name: Raj Ganguly

            
	 	 	 	
              Title: Chief Executive Officer

            
	 	 
	 	
              PURCHASER:

            
	 	 
	 	
              B Capital Technology Opportunities LLC,

            
	 	 	 
	 	
              By:

            	 	 
	 	 	 	
              Name: [●]

            
	 	 	 	
              Title: [●]

            

      

      

      
        
          

      

      EXHIBIT A

      

      

      Warrant Agreement

      
        
          

      

      EXHIBIT B

      

      

      Registration and Shareholder Rights AgreementExhibit 10.4

   

  INDEMNITY AGREEMENT

   

  THIS INDEMNITY AGREEMENT
    (this “Agreement”) is made as of [●], 2021, by and between B Capital Technology Opportunities Corp.,
    a Cayman Islands exempted company (the “Company”), and [●] (“Indemnitee”).

   

  WHEREAS, highly
    competent persons have become more reluctant to serve publicly-held companies and corporations as directors, officers or in other
    capacities unless they are provided with adequate protection through insurance or adequate indemnification against inordinate risks
    of claims and actions against them arising out of their service to and activities on behalf of such companies and corporations;

   

  WHEREAS, the Board
    of Directors of the Company (the “Board”) has determined that, in order to attract and retain qualified
    individuals, the Company will attempt to maintain on an ongoing basis, at its sole expense, liability insurance to protect persons
    serving the Company and its subsidiaries from certain liabilities. The amended and restated memorandum and articles of association
    of the Company (the “Articles”) provide for the indemnification of the officers and directors of the
    Company. Indemnitee may also be entitled to indemnification pursuant to applicable Cayman Islands law. The Articles provide that
    the indemnification provisions set forth therein are not exclusive, and thereby contemplate that contracts may be entered into
    between the Company and members of the Board, officers and other persons with respect to indemnification, hold harmless, exoneration,
    advancement and reimbursement rights;

   

  WHEREAS, the uncertainties
    relating to such insurance and to indemnification have increased the difficulty of attracting and retaining such persons;

   

  WHEREAS, the Board
    has determined that the increased difficulty in attracting and retaining such persons is detrimental to the best interests of the
    Company’s shareholders and that the Company should act to assure such persons that there will be increased certainty of such
    protection in the future;

   

  WHEREAS, it is reasonable,
    prudent and necessary for the Company contractually to obligate itself to indemnify, hold harmless, exonerate and to advance expenses
    on behalf of, such persons to the fullest extent permitted by applicable law and the Articles so that they will serve or continue
    to serve the Company free from undue concern that they will not be so protected against liabilities;

   

  WHEREAS, this Agreement
    is a supplement to and in furtherance of the Articles of the Company and any resolutions adopted pursuant thereto, and shall not
    be deemed a substitute therefor, nor to diminish or abrogate any rights of Indemnitee thereunder; and

   

  WHEREAS, Indemnitee
    may not be willing to serve as a director or officer of or in another capacity for the Company without adequate protection, and
    the Company desires Indemnitee to serve in such capacity. Indemnitee is willing to serve, continue to serve and to take on additional
    service for or on behalf of the Company on the condition that he or she be so indemnified.

   

  
  
     

  

  
     

  

  
   

  NOW, THEREFORE,
    in consideration of the premises and the covenants contained herein and subject to the provisions of the letter agreement dated
    as of [●], 2021 among the Company, Indemnitee and the other parties thereto, the Company and Indemnitee do hereby covenant
    and agree as follows:

   

  		1.	SERVICES TO THE COMPANY

   

  In consideration of the
    Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a director or officer of or
    in another capacity for the Company, as applicable, for so long as Indemnitee is duly elected, appointed or retained or until Indemnitee
    tenders his or her resignation or until Indemnitee is removed. The foregoing notwithstanding, this Agreement shall continue in
    full force and effect after Indemnitee has ceased to serve as a director or officer of or in any other capacity for the Company,
    as provided in Section 17. This Agreement, however, shall not impose any obligation on Indemnitee or the Company to continue Indemnitee’s
    service to the Company beyond any period otherwise required by applicable law and the Articles or by other agreements or commitments
    of the parties, if any.

   

  		2.	DEFINITIONS

   

  As used in this Agreement:

   

  		(a)	References to “agent” shall mean any person who is or was a director
          or officer of, or who serves or served in any other capacity for, the Company or a subsidiary of the Company or other person authorized
          by the Company to act for the Company, to include such person serving in such capacity as a director or officer of or in any other
          capacity for another company, corporation, partnership, limited liability company, joint venture, trust or other enterprise at
          the request of, for the convenience of, or to represent the interests of the Company or a subsidiary of the Company.

   

  		(b)	The terms “Beneficial Owner” and “Beneficial Ownership”
          shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange Act as in effect on the date hereof.

   

  		(c)	A “Change in Control” shall be deemed to occur upon the earliest to occur
          after the date of this Agreement of any of the following events:

   

  		(i)	Acquisition of Shares by Third Party. Other than an affiliate of B Capital Technology Opportunities
          LLC (the “Sponsor”), any Person is or becomes the Beneficial Owner, directly or indirectly, of securities
          of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding
          securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership
          of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of
          securities entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing
          Directors and such acquisition would not constitute a Change in Control under part (iii) of this definition;

   

  
  
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  		(ii)	Change in Board of Directors. Individuals who, as of the date hereof, constitute the Board,
          and any new director whose election by the Board or nomination for election by the Company’s shareholders was approved by
          a vote of at least two thirds of the directors then still in office who were directors on the date hereof or whose election or
          nomination for election was previously so approved (collectively, the “Continuing Directors”), cease
          for any reason to constitute at least a majority of the members of the Board;

   

  		(iii)	Corporate Transactions. The effective date of a merger, share exchange, asset acquisition,
          share purchase, reorganization or similar business combination, involving the Company and one or more businesses (a “Business
              Combination”), in each case, unless, following such Business Combination: (1) all or substantially all of the individuals
          and entities who were the Beneficial Owners of securities entitled to vote generally in the election of directors immediately prior
          to such Business Combination beneficially own, directly or indirectly, more than 51% of the combined voting power of the then outstanding
          securities of the Company entitled to vote generally in the election of directors resulting from such Business Combination (including,
          without limitation, a company or corporation which as a result of such transaction owns the Company or all or substantially all
          of the Company’s assets either directly or through one or more Subsidiaries) in substantially the same proportions as their
          ownership immediately prior to such Business Combination, of the securities entitled to vote generally in the election of directors;
          (2) other than an affiliate of the Sponsor, no Person (excluding any company or corporation resulting from such Business Combination)
          is the Beneficial Owner, directly or indirectly, of 15% or more of the combined voting power of the then outstanding securities
          entitled to vote generally in the election of directors of the surviving company or corporation except to the extent that such
          ownership existed prior to the Business Combination; and (3) at least a majority of the board of directors of the company or corporation
          resulting from such Business Combination were Continuing Directors at the time of the execution of the initial agreement, or of
          the action of the Board, providing for such Business Combination;

   

  		(iv)	Liquidation. The approval by the shareholders of the Company of a complete liquidation of
          the Company or an agreement or series of agreements for the sale or disposition by the Company of all or substantially all of the
          Company’s assets, other than factoring the Company’s current receivables or escrows due (or, if such approval is not
          required, the decision by the Board to proceed with such a liquidation, sale, or disposition in one transaction or a series of
          related transactions); or

   

  		(v)	Other Events. There occurs any other event of a nature that would be required to be reported
          in response to Item 6(e) of Schedule 14A of Regulation 14A (or a response to any similar item on any similar schedule or form)
          promulgated under the Exchange Act, whether or not the Company is then subject to such reporting requirement.

   

  
  
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  		(d)	“Corporate Status” describes the status of a person who is or was a director
          or officer of, or who serves or served in any other capacity for, the Company or any other Enterprise which such person is or was
          serving at the request of the Company.

   

  		(e)	“Delaware Court” shall mean the Court of Chancery of the State of Delaware.

   

  		(f)	“Disinterested Director” shall mean a director of the Company who is
          not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.

   

  		(g)	“Enterprise” shall mean the Company and any other company or corporation,
          constituent company or corporation (including any constituent of a constituent) absorbed in a consolidation or merger to which
          the Company (or any of its wholly owned subsidiaries) is a party, limited liability company, partnership, joint venture, trust,
          employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company as a director or
          officer or in any other capacity.

   

  		(h)	“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended.

   

  		(i)	“Expenses” shall include all direct and indirect costs, fees and expenses
          of any type or nature whatsoever, including, without limitation, all reasonable attorneys’ fees and costs, retainers, court
          costs, transcript costs, fees of experts, witness fees, travel expenses, fees of private investigators and professional advisors,
          duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, fax transmission charges, secretarial
          services and all other disbursements, obligations or expenses in connection with prosecuting, defending, preparing to prosecute
          or defend, investigating, being or preparing to be a witness in, settlement or appeal of, or otherwise participating in, a Proceeding,
          including reasonable compensation for time spent by the Indemnitee for which he or she is not otherwise compensated by the Company
          or any third party. Expenses also shall include Expenses incurred in connection with any appeal resulting from any Proceeding,
          including without limitation the principal, premium, security for, and other costs relating to any cost bond, supersedeas bond,
          or other appeal bond or its equivalent. Expenses, however, shall not include amounts paid in settlement by Indemnitee or the amount
          of judgments or fines against Indemnitee.

   

  		(j)	References to “fines” shall include any excise tax assessed on Indemnitee
          with respect to any employee benefit plan.

   

  		(k)	References to “serving at the request of the Company” shall include any
          service as a director or officer of or in any other capacity for the Company which imposes duties on, or involves services by,
          such director, officer or person with respect to an employee benefit plan, its participants or beneficiaries; and if Indemnitee
          acted in good faith and in a manner Indemnitee reasonably believed to be in the best interests of the participants and beneficiaries
          of an employee benefit plan, Indemnitee shall be deemed to have acted in a manner “not opposed to the best interests
              of the Company” as referred to in this Agreement.

   

  
  
    	 	4	 

  

  
     

  

  
   

  		(l)	“Independent Counsel” shall mean a law firm or a member of a law firm
          with significant experience in matters of corporate law and that neither presently is, nor in the past five years has been, retained
          to represent: (i) the Company or Indemnitee in any matter material to either such party (other than with respect to matters concerning
          Indemnitee under this Agreement, or of other indemnitees under similar indemnification agreements); or (ii) any other party to
          the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding the foregoing, the term “Independent
              Counsel” shall not include any person who, under the applicable standards of professional conduct then prevailing,
          would have a conflict of interest in representing either the Company or Indemnitee in an action to determine Indemnitee’s
          rights under this Agreement.

   

  		(m)	The term “Person” shall have the meaning as set forth in Sections 13(d)
          and 14(d) of the Exchange Act as in effect on the date hereof; provided, however, that “Person” shall
          exclude: (i) the Company; (ii) any Subsidiaries of the Company; (iii) any employment benefit plan of the Company or of a Subsidiary
          of the Company or of any company or corporation owned, directly or indirectly, by the shareholders of the Company in substantially
          the same proportions as their ownership of shares of the Company; and (iv) any trustee or other fiduciary holding securities under
          an employee benefit plan of the Company or of a Subsidiary of the Company or of a company or corporation owned directly or indirectly
          by the shareholders of the Company in substantially the same proportions as their ownership of shares of the Company.

   

  		(n)	The term “Proceeding” shall include any threatened, pending or completed
          action, suit, arbitration, mediation, alternate dispute resolution mechanism, investigation, inquiry, administrative hearing or
          any other actual, threatened or completed proceeding, whether brought in the right of the Company or otherwise and whether of a
          civil (including intentional or unintentional tort claims), criminal, administrative or investigative or related nature, in which
          Indemnitee was, is, will or might be involved as a party or otherwise by reason of the fact that Indemnitee is or was a director
          or officer of, or serves or served in any other capacity for, the Company, by reason of any action (or failure to act) taken by
          him or her or of any action (or failure to act) on his or her part while acting as a director or officer of, or in any other capacity
          for, the Company, or by reason of the fact that he or she is or was serving at the request of the Company as a director or officer
          of or in any other capacity for any other Enterprise, in each case whether or not serving in such capacity at the time any liability
          or expense is incurred for which indemnification, reimbursement, or advancement of expenses can be provided under this Agreement.

   

  		(o)	The term “Subsidiary,” with respect to any Person, shall mean any company
          or corporation, limited liability company, partnership, joint venture, trust or other entity of which a majority of the voting
          power of the voting equity securities or equity interest is owned, directly or indirectly, by that Person.

   

  
  
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  		(p)	The phrase “to the fullest extent permitted by applicable law and the Articles” shall
          include, but not be limited to: (a) to the fullest extent authorized or permitted by the provision of applicable Cayman Islands
          law that authorizes or contemplates additional indemnification by agreement, or the corresponding provision of any amendment to
          or replacement of applicable Cayman Islands law, and (b) to the fullest extent authorized or permitted by any amendments to or
          replacements of applicable Cayman Islands law adopted after the date of this Agreement that increase the extent to which a company
          or corporation may indemnify its officers or directors or those who serve it in any other capacity.

   

  		3.	INDEMNITY IN THIRD-PARTY PROCEEDINGS

   

  To the fullest extent permitted
    by applicable law and the Articles, the Company shall indemnify, hold harmless and exonerate Indemnitee in accordance with the
    provisions of this Section 3 if Indemnitee was, is, or is threatened to be made, a party to or a participant (as a witness, deponent
    or otherwise) in any Proceeding, other than a Proceeding by or in the right of the Company to procure a judgment in its favor by
    reason of Indemnitee’s Corporate Status. Pursuant to this Section 3, Indemnitee shall be indemnified, held harmless and exonerated
    against all Expenses, judgments, liabilities, fines, penalties and amounts paid in settlement (including all interest, assessments
    and other charges paid or payable in connection with or in respect of such Expenses, judgments, fines, penalties and amounts paid
    in settlement) actually, and reasonably incurred by Indemnitee or on his or her behalf in connection with such Proceeding or any
    claim, issue or matter therein, if Indemnitee acted in good faith and in a manner he or she reasonably believed to be in or not
    opposed to the best interests of the Company and, in the case of a criminal Proceeding, had no reasonable cause to believe that
    his or her conduct was unlawful; provided, in no event shall Indemnitee be entitled to be indemnified, held harmless or advanced
    any amounts hereunder in respect of any Expenses, judgments, liabilities, fines, penalties and amounts paid in settlement (if any)
    that Indemnitee may incur by reason of his or her own actual fraud or intentional misconduct. Indemnitee shall not be found to
    have committed actual fraud or intentional misconduct for any purpose of this Agreement unless or until a court of competent jurisdiction
    shall have made a finding to that effect.

   

  		4.	INDEMNITY IN PROCEEDINGS BY OR IN THE RIGHT OF THE COMPANY

   

  To the fullest extent permitted
    by applicable law and the Articles, the Company shall indemnify, hold harmless and exonerate Indemnitee in accordance with the
    provisions of this Section 4 if Indemnitee was, is, or is threatened to be made, a party to or a participant (as a witness, deponent
    or otherwise) in any Proceeding by or in the right of the Company to procure a judgment in its favor by reason of Indemnitee’s
    Corporate Status. Pursuant to this Section 4, Indemnitee shall be indemnified, held harmless and exonerated against all Expenses
    actually and reasonably incurred by him or her or on his or her behalf in connection with such Proceeding or any claim, issue or
    matter therein, if Indemnitee acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the
    best interests of the Company. No indemnification, hold harmless or exoneration for Expenses shall be made under this Section 4
    in respect of any claim, issue or matter as to which Indemnitee shall have been finally adjudged by a court of competent jurisdiction
    to be liable to the Company, unless and only to the extent that any court in which the Proceeding was brought or the Delaware Court
    shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case,
    Indemnitee is fairly and reasonably entitled to indemnification, to be held harmless or to exoneration.

   

  
  
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  		5.	INDEMNIFICATION FOR EXPENSES OF A PARTY WHO IS WHOLLY OR PARTLY SUCCESSFUL

   

  Notwithstanding any other
    provisions of this Agreement, but subject to Section 27, to the extent that Indemnitee was or is, by reason of Indemnitee’s
    Corporate Status, a party to (or a participant in) and is successful, on the merits or otherwise, in any Proceeding or in defense
    of any claim, issue or matter therein, in whole or in part, the Company shall, to the fullest extent permitted by applicable law
    and the Articles, indemnify, hold harmless and exonerate Indemnitee against all Expenses actually and reasonably incurred by him
    or her in connection therewith. If Indemnitee is not wholly successful in such Proceeding but is successful, on the merits or otherwise,
    as to one or more but less than all claims, issues or matters in such Proceeding, the Company shall, to the fullest extent permitted
    by applicable law and the Articles, indemnify, hold harmless and exonerate Indemnitee against all Expenses actually and reasonably
    incurred by him or her or on his or her behalf in connection with each successfully resolved claim, issue or matter. If Indemnitee
    is not wholly successful in such Proceeding, the Company also shall, to the fullest extent permitted by applicable law and the
    Articles, indemnify, hold harmless and exonerate Indemnitee against all Expenses reasonably incurred in connection with a claim,
    issue or matter related to any claim, issue, or matter on which Indemnitee was successful. For purposes of this Section 5 and without
    limitation, the termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, shall be
    deemed to be a successful result as to such claim, issue or matter.

   

  		6.	INDEMNIFICATION FOR EXPENSES OF A WITNESS

   

  Notwithstanding any other
    provision of this Agreement, but subject to Section 27, to the extent that Indemnitee is, by reason of his or her Corporate Status,
    a witness or deponent in any Proceeding to which Indemnitee is not a party or threatened to be made a party, he or she shall, to
    the fullest extent permitted by applicable law and the Articles, be indemnified, held harmless and exonerated against all Expenses
    actually and reasonably incurred by him or her or on his or her behalf in connection therewith.

   

  		7.	ADDITIONAL INDEMNIFICATION, HOLD HARMLESS AND EXONERATION RIGHTS

   

  Notwithstanding any limitation
    in Sections 3, 4 or 5, but subject to Section 27, the Company shall, to the fullest extent permitted by applicable law and the
    Articles, indemnify, hold harmless and exonerate Indemnitee if Indemnitee is a party to or threatened to be made a party to any
    Proceeding (including a Proceeding by or in the right of the Company to procure a judgment in its favor) against all Expenses,
    judgments, fines, penalties and amounts paid in settlement (including all interest, assessments and other charges paid or payable
    in connection with or in respect of such Expenses, judgments, fines, penalties and amounts paid in settlement) actually and reasonably
    incurred by Indemnitee in connection with the Proceeding. No indemnification, hold harmless or exoneration rights shall be available
    under this Section 7 on account of Indemnitee’s conduct which constitutes a breach of Indemnitee’s duty of loyalty
    to the Company or its shareholders or is an act or omission not in good faith or which involves intentional misconduct or a knowing
    violation of the law.

   

  
  
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  		8.	CONTRIBUTION IN THE EVENT OF JOINT LIABILITY

   

  		(a)	To the fullest extent permissible under applicable law and the Articles, if the indemnification,
          hold harmless and/or exoneration rights provided for in this Agreement are unavailable to Indemnitee in whole or in part for any
          reason whatsoever, the Company, in lieu of indemnifying, holding harmless or exonerating Indemnitee, shall pay, in the first instance,
          the entire amount incurred by Indemnitee, whether for judgments, liabilities, fines, penalties, amounts paid or to be paid in settlement
          and/or for Expenses, in connection with any Proceeding without requiring Indemnitee to contribute to such payment, and the Company
          hereby waives and relinquishes any right of contribution it may have at any time against Indemnitee.

   

  		(b)	The Company shall not enter into any settlement of any Proceeding in which the Company is jointly
          liable with Indemnitee (or would be if joined in such Proceeding) unless such settlement provides for a full and final release
          of all claims asserted against Indemnitee.

   

  		(c)	The Company hereby agrees to fully indemnify, hold harmless and exonerate Indemnitee from any claims
          for contribution which may be brought by directors or officers of, or by those who serve in any other capacity for, the Company
          other than Indemnitee who may be jointly liable with Indemnitee. Indemnitee shall seek payments or advances from the Company only
          to the extent that such payments or advances are unavailable from any insurance policy of the Company covering Indemnitee.

   

  		9.	EXCLUSIONS

   

  Notwithstanding any provision
    in this Agreement, but subject to Section 27, the Company shall not be obligated under this Agreement to make any indemnification,
    advance Expenses, hold harmless or exoneration payment in connection with any claim made against Indemnitee:

   

  		(a)	for which payment has actually been received by or on behalf of Indemnitee under any insurance
          policy or other indemnity or advancement provision and which payment has not subsequently been returned, except with respect to
          any excess beyond the amount actually received under any insurance policy, contract, agreement, other indemnity or advancement
          provision or otherwise;

   

  		(b)	for an accounting of profits made from the purchase and sale (or sale and purchase) by Indemnitee
          of securities of the Company within the meaning of Section 16(b) of the Exchange Act (or any successor rule) or similar provisions
          of state statutory law or common law; or

   

  
  
    	 	8	 

  

  
     

  

  
   

  		(c)	except as otherwise provided in Sections 14(f) and (g) hereof, prior to a Change in Control, in
          connection with any Proceeding (or any part of any Proceeding) initiated by Indemnitee, including any Proceeding (or any part of
          any Proceeding) initiated by Indemnitee against the Company or its directors, officers or other indemnitees, unless (i) the Board
          authorized the Proceeding (or any part of any Proceeding) prior to its initiation or (ii) the Company provides the indemnification,
          hold harmless or exoneration payment, in its sole discretion, pursuant to the powers vested in the Company under applicable law
          and the Articles.

   

  		10.	ADVANCES OF EXPENSES; DEFENSE OF CLAIM

   

  		(a)	Notwithstanding any provision of this Agreement to the contrary, but subject to Section 27, and
          to the fullest extent not prohibited by applicable law and the Articles, the Company shall pay the Expenses incurred by Indemnitee
          (or reasonably expected by Indemnitee to be incurred by Indemnitee within three months) in connection with any Proceeding within
          ten (10) days after the receipt by the Company of a statement or statements requesting such advances from time to time, prior to
          the final disposition of any Proceeding. Advances shall, to the fullest extent permitted by applicable law and the Articles, be
          unsecured and interest free. Advances shall, to the fullest extent permitted by applicable law and the Articles, be made without
          regard to Indemnitee’s ability to repay the Expenses and without regard to Indemnitee’s ultimate entitlement to be
          indemnified, held harmless or exonerated under the other provisions of this Agreement. Advances shall include any and all reasonable
          Expenses incurred pursuing a Proceeding to enforce this right of advancement, including Expenses incurred preparing and forwarding
          statements to the Company to support the advances claimed. To the fullest extent required by applicable law and the Articles, such
          payments of Expenses in advance of the final disposition of the Proceeding shall be made only upon the Company’s receipt
          of an undertaking, by or on behalf of Indemnitee, to repay the advanced amounts to the extent that it is ultimately determined
          that Indemnitee is not entitled to be indemnified by the Company under the provisions of this Agreement, applicable law and the
          Articles or otherwise. If it shall be determined by a final judgment or other final adjudication that Indemnitee was not so entitled
          to indemnification, any advancement shall be returned to the Company (without interest) by the Indemnitee. This Section 10(a) shall
          not apply to any claim made by Indemnitee for which an indemnification, hold harmless or exoneration payment is excluded pursuant
          to Section 9, but shall apply to any Proceeding referenced in Section 9(b) prior to a final determination that Indemnitee is liable
          therefor.

   

  		(b)	The Company will be entitled to participate in the Proceeding at its own expense.

   

  		(c)	The Company shall not settle any action, claim or Proceeding (in whole or in part) which would
          impose any Expense, judgment, fine, penalty or limitation on Indemnitee without Indemnitee’s prior written consent.

   

  
  
    	 	9	 

  

  
     

  

  
   

  		11.	PROCEDURE FOR NOTIFICATION AND APPLICATION FOR INDEMNIFICATION

   

  		(a)	Indemnitee agrees to notify promptly the Company in writing upon being served with any summons,
          citation, subpoena, complaint, indictment, information or other document relating to any Proceeding, claim, issue or matter therein
          which may be subject to indemnification, hold harmless or exoneration rights, or advancement of Expenses covered hereunder. The
          failure of Indemnitee to so notify the Company shall not relieve the Company of any obligation which it may have to Indemnitee
          under this Agreement, or otherwise.

   

  		(b)	Indemnitee may deliver to the Company a written application to indemnify, hold harmless or exonerate
          Indemnitee in accordance with this Agreement. Such application(s) may be delivered from time to time and at such time(s) as Indemnitee
          deems appropriate in his or her sole discretion. Following such a written application for indemnification by Indemnitee, Indemnitee’s
          entitlement to indemnification shall be determined according to Section 12(a) of this Agreement.

   

  		12.	PROCEDURE UPON APPLICATION FOR INDEMNIFICATION

   

  		(a)	A determination, if required by applicable law and the Articles, with respect to Indemnitee’s
          entitlement to indemnification shall be made in the specific case by one of the following methods, which shall be at the election
          of Indemnitee: (i) by a majority vote of the Disinterested Directors, even though less than a quorum of the Board, (ii) by a committee
          of such directors designated by majority vote of such directors, (iii) if there are no Disinterested Directors or if such directors
          so direct, by Independent Counsel in a written opinion to the Board, a copy of which shall be delivered to Indemnitee, or (iv)
          by vote of the shareholders by ordinary resolution. The Company promptly will advise Indemnitee in writing with respect to any
          determination that Indemnitee is or is not entitled to indemnification, including a description of any reason or basis for which
          indemnification has been denied. If it is so determined that Indemnitee is entitled to indemnification, payment to Indemnitee shall
          be made within ten (10) days after such determination. Indemnitee shall reasonably cooperate with the person, persons or entity
          making such determination with respect to Indemnitee’s entitlement to indemnification, including providing to such person,
          persons or entity upon reasonable advance request any documentation or information which is not privileged or otherwise protected
          from disclosure and which is reasonably available to Indemnitee and reasonably necessary to such determination. Any costs or Expenses
          (including reasonable attorneys’ fees and disbursements) incurred by Indemnitee in so cooperating with the person, persons
          or entity making such determination shall be borne by the Company (irrespective of the determination as to Indemnitee’s entitlement
          to indemnification) and the Company hereby agrees to indemnify and to hold Indemnitee harmless therefrom.

   

  
  
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  		(b)	In the event the determination of entitlement to indemnification is to be made by Independent Counsel
          pursuant to Section 12(a) hereof, the Independent Counsel shall be selected as provided in this Section 12(b). The Independent
          Counsel shall be selected by Indemnitee (unless Indemnitee shall request that such selection be made by the Board), and Indemnitee
          shall give written notice to the Company advising it of the identity of the Independent Counsel so selected and certifying that
          the Independent Counsel so selected meets the requirements of “Independent Counsel” as defined in Section 2 of this
          Agreement. If the Independent Counsel is selected by the Board, the Company shall give written notice to Indemnitee advising him
          or her of the identity of the Independent Counsel so selected and certifying that the Independent Counsel so selected meets the
          requirements of “Independent Counsel” as defined in Section 2 of this Agreement. In either event, Indemnitee or the
          Company, as the case may be, may, within ten (10) days after such written notice of selection shall have been received, deliver
          to the Company or to Indemnitee, as the case may be, a written objection to such selection; provided, however, that such objection
          may be asserted only on the ground that the Independent Counsel so selected does not meet the requirements of “Independent
          Counsel” as defined in Section 2 of this Agreement, and the objection shall set forth with particularity the factual basis
          of such assertion. Absent a proper and timely objection, the person so selected shall act as Independent Counsel. If such written
          objection is so made and substantiated, the Independent Counsel so selected may not serve as Independent Counsel unless and until
          such objection is withdrawn or a court of competent jurisdiction has determined that such objection is without merit. If, within
          twenty (20) days after submission by Indemnitee of a written request for indemnification pursuant to Section 11(b) hereof, no Independent
          Counsel shall have been selected and not objected to, either the Company or Indemnitee may petition the Delaware Court for resolution
          of any objection which shall have been made by the Company or Indemnitee to the other’s selection of Independent Counsel
          and/or for the appointment as Independent Counsel of a person selected by the Delaware Court, and the person with respect to whom
          all objections are so resolved or the person so appointed shall act as Independent Counsel under Section 12(a) hereof. Upon the
          due commencement of any judicial proceeding or arbitration pursuant to Section 14(a) of this Agreement, Independent Counsel shall
          be discharged and relieved of any further responsibility in such capacity (subject to the applicable standards of professional
          conduct then prevailing).

   

  		(c)	The Company agrees to pay the reasonable fees and expenses of Independent Counsel and to fully
          indemnify and hold harmless such Independent Counsel against any and all Expenses, claims, liabilities and damages arising out
          of or relating to this Agreement or its engagement pursuant hereto.

   

  		13.	PRESUMPTIONS AND EFFECT OF CERTAIN PROCEEDINGS

   

  		(a)	In making a determination with respect to entitlement to indemnification hereunder, the person,
          persons or entity making such determination shall presume that Indemnitee is entitled to indemnification under this Agreement if
          Indemnitee has submitted a request for indemnification in accordance with Section 11(b) of this Agreement, and the Company shall
          have the burden of proof to overcome that presumption in connection with the making by any person, persons or entity of any determination
          contrary to that presumption. Neither the failure of the Company (including by the Disinterested Directors or Independent Counsel)
          to have made a determination prior to the commencement of any action pursuant to this Agreement that indemnification is proper
          in the circumstances because Indemnitee has met the applicable standard of conduct, nor an actual determination by the Company
          (including by the Disinterested Directors or Independent Counsel) that Indemnitee has not met such applicable standard of conduct,
          shall be a defense to the action or create a presumption that Indemnitee has not met the applicable standard of conduct.

   

  
  
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  		(b)	If the person, persons or entity empowered or selected under Section 12 of this Agreement to determine
          whether Indemnitee is entitled to indemnification shall not have made a determination within thirty (30) days after receipt by
          the Company of the request therefor, the requisite determination of entitlement to indemnification shall, to the fullest extent
          permitted by applicable law and the Articles, be deemed to have been made and Indemnitee shall be entitled to such indemnification,
          absent (i) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s
          statement not materially misleading, in connection with the request for indemnification, or (ii) a final judicial determination
          that any or all such indemnification is expressly prohibited under applicable law and the Articles; provided, however, that such
          30-day period may be extended for a reasonable time, not to exceed an additional fifteen (15) days, if the person, persons or entity
          making the determination with respect to entitlement to indemnification in good faith requires such additional time for the obtaining
          or evaluating of documentation and/or information relating thereto.

   

  		(c)	The termination of any Proceeding or of any claim, issue or matter therein, by judgment, order,
          settlement or conviction, or upon a plea of nolo contendere or its equivalent, shall not (except as otherwise expressly provided
          in this Agreement) of itself adversely affect the right of Indemnitee to indemnification or create a presumption that Indemnitee
          did not act in good faith and in a manner which he or she reasonably believed to be in or not opposed to the best interests of
          the Company or, with respect to any criminal Proceeding, that Indemnitee had reasonable cause to believe that his or her conduct
          was unlawful.

   

  		(d)	For purposes of any determination of good faith, Indemnitee shall be deemed to have acted in good
          faith if Indemnitee’s action is based on the records or books of account of the Enterprise, including financial statements,
          or on information supplied to Indemnitee by the directors or officers of, or by those who serve in any other capacity for, the
          Enterprise in the course of their duties, or on the advice of legal counsel for the Enterprise, its Board, any committee of the
          Board or any director or officer of, or any person who serves in any capacity for, the Enterprise, or on information or records
          given or reports made to the Enterprise, its Board, any committee of the Board or any director or officer of, or any person who
          serves in any capacity for, the Enterprise by an independent certified public accountant or by an appraiser or other expert selected
          by the Enterprise, its Board, any committee of the Board or any director or officer of, or person who serves in any capacity for,
          the Enterprise. The provisions of this Section 13(d) shall not be deemed to be exclusive or to limit in any way the other circumstances
          in which Indemnitee may be deemed or found to have met the applicable standard of conduct set forth in this Agreement.

   

  
  
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  		(e)	The knowledge and/or actions, or failure to act, of any other director or officer of or any other
          person who serves in any capacity for the Enterprise shall not be imputed to Indemnitee for purposes of determining the right to
          indemnification under this Agreement.

   

  		14.	REMEDIES OF INDEMNITEE

   

  		(a)	In the event that (i) a determination is made pursuant to Section 12 of this Agreement that Indemnitee
          is not entitled to indemnification under this Agreement, (ii) advancement of Expenses, to the fullest extent permitted by applicable
          law and the Articles, is not timely made pursuant to Section 10 of this Agreement, (iii) no determination of entitlement to indemnification
          shall have been made pursuant to Section 12(a) of this Agreement within thirty (30) days after receipt by the Company of the request
          for indemnification, (iv) payment of indemnification is not made pursuant to Sections 5, 6, 7 or the last sentence of Section 12(a)
          of this Agreement within ten (10) days after receipt by the Company of a written request therefor, (v) a contribution payment is
          not made in a timely manner pursuant to Section 8 of this Agreement, (vi) payment of indemnification pursuant to Section 3 or 4
          of this Agreement is not made within ten (10) days after a determination has been made that Indemnitee is entitled to indemnification,
          or (vii) payment to Indemnitee pursuant to any hold harmless or exoneration rights under this Agreement or otherwise is not made
          in accordance with this Agreement within ten (10) days after receipt by the Company of a written request therefor, Indemnitee shall
          be entitled to an adjudication by the Delaware Court to such indemnification, hold harmless, exoneration, contribution or advancement
          rights. Alternatively, Indemnitee, at his or her option, may seek an award in arbitration to be conducted by a single arbitrator
          pursuant to the Commercial Arbitration Rules and Mediation Procedures of the American Arbitration Association. Except as set forth
          herein, the Commercial Arbitration Rules and Mediation Procedures of the American Arbitration Association shall apply to any such
          arbitration. The Company shall not oppose Indemnitee’s right to seek any such adjudication or award in arbitration.

   

  		(b)	In the event that a determination shall have been made pursuant to Section 12(a) of this Agreement
          that Indemnitee is not entitled to indemnification, any judicial proceeding or arbitration commenced pursuant to this Section 14
          shall be conducted in all respects as a de novo trial, or arbitration, on the merits and Indemnitee shall not be prejudiced by
          reason of that adverse determination.

   

  		(c)	In any judicial proceeding or arbitration commenced pursuant to this Section 14, Indemnitee shall
          be presumed to be entitled to be indemnified, held harmless, exonerated to receive advancement of Expenses under this Agreement
          and the Company shall have the burden of proving Indemnitee is not entitled to be indemnified, held harmless, exonerated and to
          receive advancement of Expenses, as the case may be, and the Company may not refer to or introduce into evidence any determination
          pursuant to Section 12(a) of this Agreement adverse to Indemnitee for any purpose. If Indemnitee commences a judicial proceeding
          or arbitration pursuant to this Section 14, Indemnitee shall not be required to reimburse the Company for any advances pursuant
          to Section 10 until a final determination is made with respect to Indemnitee’s entitlement to indemnification (as to which
          all rights of appeal have been exhausted or lapsed).

   

  
  
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  		(d)	If a determination shall have been made pursuant to Section 12(a) of this Agreement that Indemnitee
          is entitled to indemnification, the Company shall be bound by such determination in any judicial proceeding or arbitration commenced
          pursuant to this Section 14, absent (i) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary
          to make Indemnitee’s statement not materially misleading, in connection with the request for indemnification, or (ii) a prohibition
          of such indemnification under applicable law and the Articles.

   

  		(e)	The Company shall be precluded from asserting in any judicial proceeding or arbitration commenced
          pursuant to this Section 14 that the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall
          stipulate in any such court or before any such arbitrator that the Company is bound by all the provisions of this Agreement.

   

  		(f)	The Company shall indemnify and hold harmless Indemnitee to the fullest extent permitted by applicable
          law and the Articles against all Expenses and, if requested by Indemnitee, shall (within ten (10) days after the Company’s
          receipt of such written request) pay to Indemnitee, to the fullest extent permitted by applicable law, such Expenses which are
          incurred by Indemnitee in connection with any judicial proceeding or arbitration brought by Indemnitee: (i) to enforce his or her
          rights under, or to recover damages for breach of, this Agreement or any other indemnification, hold harmless, exoneration, advancement
          or contribution agreement or provision of the Articles now or hereafter in effect; or (ii) for recovery or advances under any insurance
          policy maintained by any person for the benefit of Indemnitee, regardless of the outcome and whether Indemnitee ultimately is determined
          to be entitled to such indemnification, hold harmless or exoneration right, advancement, contribution or insurance recovery, as
          the case may be (unless such judicial proceeding or arbitration was not brought by Indemnitee in good faith).

   

  		(g)	Interest shall be paid by the Company to Indemnitee at the legal rate under New York law for amounts
          which the Company indemnifies, holds harmless or exonerates, or advances, or is obliged to indemnify, hold harmless or exonerate
          or advance for the period commencing with the date on which Indemnitee requests indemnification, to be held harmless, exonerated,
          contribution, reimbursement or advancement of any Expenses and ending with the date on which such payment is made to Indemnitee
          by the Company.

   

  
  
    	 	14	 

  

  
     

  

  
   

  		15.	SECURITY

   

  Notwithstanding anything
    herein to the contrary, but subject to Section 27, to the extent requested by Indemnitee and approved by the Board, the Company
    may at any time and from time to time provide security to Indemnitee for the Company’s obligations hereunder through an irrevocable
    bank line of credit, funded trust or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released
    without the prior written consent of Indemnitee.

   

  		16.	NON-EXCLUSIVITY; SURVIVAL OF RIGHTS; INSURANCE; SUBROGATION; PRIORITY OF OBLIGATIONS

   

  		(a)	The rights of Indemnitee as provided by this Agreement shall not be deemed exclusive of any other
          rights to which Indemnitee may at any time be entitled under applicable law and the Articles, any agreement, a vote of shareholders
          or a resolution of directors, or otherwise. No amendment, alteration or repeal of this Agreement or of any provision hereof shall
          limit or restrict any right of Indemnitee under this Agreement in respect of any Proceeding (regardless of when such Proceeding
          is first threatened, commenced or completed) or claim, issue or matter therein arising out of, or related to, any action taken
          or omitted by such Indemnitee in his or her Corporate Status prior to such amendment, alteration or repeal. To the extent that
          a change in applicable law and the Articles, whether by statute or judicial decision, permits greater indemnification, hold harmless
          or exoneration rights or advancement of Expenses than would be afforded currently under the Articles or this Agreement, then this
          Agreement (without any further action by the parties hereto) shall automatically be deemed to be amended to require that the Company
          indemnify the Indemnitee to the fullest extent permitted by applicable law and the Articles. No right or remedy herein conferred
          is intended to be exclusive of any other right or remedy, and every other right and remedy shall be cumulative and in addition
          to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or
          employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other
          right or remedy.

   

  		(b)	The Articles permit the Company to purchase and maintain insurance or furnish similar protection
          or make other arrangements including, but not limited to, providing a trust fund, letter of credit, or surety bond (“Indemnification
              Arrangements”) on behalf of Indemnitee against any liability asserted against him or her or incurred by or on behalf
          of him or her or in such capacity as a director, officer or agent of the Company, or arising out of his or her status as such,
          whether or not the Company would have the power to indemnify him or her against such liability under the provisions of this Agreement
          and the Articles. The purchase, establishment, and maintenance of any such Indemnification Arrangement shall not in any way limit
          or affect the rights and obligations of the Company or of Indemnitee under this Agreement except as expressly provided herein,
          and the execution and delivery of this Agreement by the Company and Indemnitee shall not in any way limit or affect the rights
          and obligations of the Company or the other party or parties thereto under any such Indemnification Arrangement.

   

  
  
    	 	15	 

  

  
     

  

  
   

  		(c)	To the extent that the Company maintains an insurance policy or policies providing liability insurance
          for directors or officers of, or those who serve in any other capacity for, any other Enterprise which such person serves at the
          request of the Company, Indemnitee shall be covered by such policy or policies in accordance with its or their terms to the maximum
          extent of the coverage available for any such director or officer or person serving in any other capacity under such policy or
          policies. If, at the time the Company receives notice from any source of a Proceeding as to which Indemnitee is a party or a participant
          (as a witness, deponent or otherwise), the Company has director and officer liability insurance in effect, the Company shall give
          prompt notice of such Proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company
          shall thereafter use commercially reasonable efforts to cause such insurers to pay, on behalf of Indemnitee, all amounts payable
          as a result of such Proceeding in accordance with the terms of such policies.

   

  		(d)	In the event of any payment under this Agreement, the Company, to the fullest extent permitted
          by applicable law and the Articles, shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee,
          who shall execute all papers required and take all action necessary to secure such rights, including execution of such documents
          as are necessary to enable the Company to bring suit to enforce such rights. No such payment by the Company shall be deemed to
          relieve any insurer of its obligations.

   

  		(e)	The Company’s obligation to indemnify, hold harmless, exonerate or advance Expenses hereunder
          to Indemnitee who is or was serving at the request of the Company as a director or officer of or in any other capacity for any
          other Enterprise shall be reduced by any amount Indemnitee has actually received as indemnification, hold harmless or exoneration
          payments or advancement of expenses from such Enterprise. Notwithstanding any other provision of this Agreement to the contrary,
          but subject to Section 27, (i) Indemnitee shall have no obligation to reduce, offset, allocate, pursue or apportion any indemnification,
          hold harmless, exoneration, advancement, contribution or insurance coverage among multiple parties possessing such duties to Indemnitee
          prior to the Company’s satisfaction and performance of all its obligations under this Agreement, and (ii) the Company shall
          perform fully its obligations under this Agreement without regard to whether Indemnitee holds, may pursue or has pursued any indemnification,
          advancement, hold harmless, exoneration, contribution or insurance coverage rights against any person or entity other than the
          Company.

   

  		(f)	Notwithstanding anything contained herein, the Company is the primary indemnitor, and any indemnification
          or advancement obligation of the Sponsor or its affiliates or members or any other Person is secondary.

   

  
  
    	 	16	 

  

  
     

  

  
   

  		17.	DURATION OF AGREEMENT

   

  All agreements and obligations
    of the Company contained herein shall continue during the period Indemnitee serves as a director or officer of or in any other
    capacity for the Company or as a director or officer of or in any other capacity for any other company or corporation, partnership,
    joint venture, trust, employee benefit plan or other Enterprise which Indemnitee serves at the request of the Company and shall
    continue thereafter so long as Indemnitee shall be subject to any possible Proceeding (including any rights of appeal thereto and
    any Proceeding commenced by Indemnitee pursuant to Section 14 of this Agreement) by reason of his or her Corporate Status, whether
    or not he or she is acting in any such capacity at the time any liability or expense is incurred for which indemnification or advancement
    can be provided under this Agreement.

   

  		18.	SEVERABILITY

   

  If any provision or provisions
    of this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever: (a) the validity, legality and
    enforceability of the remaining provisions of this Agreement (including, without limitation, each portion of any Section, paragraph
    or sentence of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid,
    illegal or unenforceable) shall not in any way be affected or impaired thereby and shall remain enforceable to the fullest extent
    permitted by applicable law and the Articles; (b) such provision or provisions shall be deemed reformed to the extent necessary
    to conform to applicable law and the Articles and to give the maximum effect to the intent of the parties hereto; and (c) to the
    fullest extent possible, the provisions of this Agreement (including, without limitation, each portion of any Section, paragraph
    or sentence of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid,
    illegal or unenforceable) shall be construed so as to give effect to the intent manifested thereby.

   

  		19.	ENFORCEMENT AND BINDING EFFECT

   

  		(a)	The Company expressly confirms and agrees that it has entered into this Agreement and assumed the
          obligations imposed on it hereby in order to induce Indemnitee to serve as a director or officer of or in another capacity for
          the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director or officer of
          or in another capacity for the Company.

   

  		(b)	Without limiting any of the rights of Indemnitee under the Articles of the Company as they may
          be amended from time to time, this Agreement constitutes the entire agreement between the parties hereto with respect to the subject
          matter hereof and supersedes all prior agreements and understandings, oral, written and implied, between the parties hereto with
          respect to the subject matter hereof.

   

  		(c)	The indemnification, hold harmless, exoneration and advancement of expenses rights provided by
          or granted pursuant to this Agreement shall be binding upon and be enforceable by the parties hereto and their respective successors
          and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially
          all of the business and/or assets of the Company), shall continue as to an Indemnitee who has ceased to be a director or officer
          of or to serve in any other capacity for the Company or ceased to be a director or officer of or to serve in any other capacity
          for any other Enterprise at the Company’s request, and shall inure to the benefit of Indemnitee and his or her spouse, assigns,
          heirs, devisees, executors and administrators and other legal representatives.

   

  
  
    	 	17	 

  

  
     

  

  
   

  		(d)	The Company shall require and cause any successor (whether direct or indirect by purchase, merger,
          consolidation or otherwise) to all, substantially all or a substantial part, of the business and/or assets of the Company, by written
          agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same
          manner and to the same extent that the Company would be required to perform if no such succession had taken place.

   

  		(e)	The Company and Indemnitee agree herein that a monetary remedy for breach of this Agreement, at
          some later date, may be inadequate, impracticable and difficult of proof, and further agree that such breach may cause Indemnitee
          irreparable harm. Accordingly, the parties hereto agree that Indemnitee may, to the fullest extent permitted by applicable law
          and the Articles, enforce this Agreement by seeking, among other things, injunctive relief and/or specific performance hereof,
          without any necessity of showing actual damage or irreparable harm and that by seeking injunctive relief and/or specific performance,
          Indemnitee shall not be precluded from seeking or obtaining any other relief to which he or she may be entitled. The Company and
          Indemnitee further agree that Indemnitee shall, to the fullest extent permitted by applicable law and the Articles, be entitled
          to such specific performance and injunctive relief, including temporary restraining orders, preliminary injunctions and permanent
          injunctions, without the necessity of posting bonds or other undertaking in connection therewith. The Company acknowledges that
          in the absence of a waiver, a bond or undertaking may be required of Indemnitee by a court of competent jurisdiction, and the Company
          hereby waives any such requirement of such a bond or undertaking to the fullest extent permitted by applicable law and the Articles.

   

  		20.	MODIFICATION AND WAIVER

   

  No supplement, modification
    or amendment of this Agreement shall be binding unless executed in writing by the parties hereto. No waiver of any of the provisions
    of this Agreement shall be deemed or shall constitute a waiver of any other provisions of this Agreement nor shall any waiver constitute
    a continuing waiver.

   

  		21.	NOTICES

   

  All notices, requests,
    demands and other communications under this Agreement shall be in writing and shall be deemed to have been duly given (i) if delivered
    by hand and receipted for by the party to whom said notice or other communication shall have been directed, or (ii) if mailed by
    certified or registered mail with postage prepaid, on the third (3rd) business day after the date on which it is so mailed:

   

  		(a)	If to Indemnitee, at the address indicated on the signature page of this Agreement, or such other
          address as Indemnitee shall provide in writing to the Company.

   

  
  
    	 	18	 

  

  
     

  

  
   

  		(b)	If to the Company, to:

   

  B Capital Technology Opportunities Corp.

    10 Hudson Yards

  New York, NY 10001

    Attention: Raj Ganguly

   

  With a copy, which shall not constitute
    notice, to:

   

  Ropes & Gray LLP

    1211 Avenue of the Americas

    New York, New York 10036

    Attention: Paul D. Tropp

    Christopher J. Capuzzi

   

  or to any other address as may have been furnished
    to Indemnitee in writing by the Company.

   

  		22.	APPLICABLE LAW AND CONSENT TO JURISDICTION

   

  This Agreement and the
    legal relations among the parties shall be governed by, and construed and enforced in accordance with, the laws of the State of
    New York, without regard to its conflict of laws rules. Except with respect to any arbitration commenced by Indemnitee pursuant
    to Section 14(a) of this Agreement, to the fullest extent permitted by applicable law and the Articles, the Company and Indemnitee
    hereby irrevocably and unconditionally: (a) agree that any action or proceeding arising out of or in connection with this Agreement
    shall be brought only in the Delaware Court and not in any other state or federal court in the United States of America or any
    court in any other country; (b) consent to submit to the exclusive jurisdiction of the Delaware Court for purposes of any action
    or proceeding arising out of or in connection with this Agreement; (c) waive any objection to the laying of venue of any such action
    or proceeding in the Delaware Court; and (d) waive, and agree not to plead or to make, any claim that any such action or proceeding
    brought in the Delaware Court has been brought in an improper or inconvenient forum, or is subject (in whole or in part) to a jury
    trial. To the fullest extent permitted by applicable law and the Articles, the parties hereby agree that the mailing of process
    and other papers in connection with any such action or proceeding in the manner provided by Section 21 or in such other manner
    as may be permitted by applicable law and the Articles, shall be valid and sufficient service thereof.

   

  		23.	IDENTICAL COUNTERPARTS

   

  This Agreement may be executed
    in one or more counterparts, each of which shall for all purposes be deemed to be an original but all of which together shall constitute
    one and the same Agreement. Only one such counterpart signed by the party against whom enforceability is sought needs to be produced
    to evidence the existence of this Agreement.

   

  		24.	MISCELLANEOUS

   

  The headings of the paragraphs
    of this Agreement are inserted for convenience only and shall not be deemed to constitute part of this Agreement or to affect the
    construction thereof.

   

  
  
    	 	19	 

  

  
     

  

  
   

  		25.	PERIOD OF LIMITATIONS

   

  No legal action shall be
    brought and no cause of action shall be asserted by or in the right of the Company against Indemnitee, Indemnitee’s spouse,
    heirs, executors or personal or legal representatives after the expiration of two years from the date of accrual of such cause
    of action, and any claim or cause of action of the Company shall be extinguished and deemed released unless asserted by the timely
    filing of a legal action within such two-year period; provided, however, that if any shorter period of limitations is otherwise
    applicable to any such cause of action such shorter period shall govern.

   

  		26.	ADDITIONAL ACTS

   

  If for the validation of
    any of the provisions in this Agreement any act, resolution, approval or other procedure is required to the fullest extent permitted
    by applicable law and the Articles, the Company undertakes to cause such act, resolution, approval or other procedure to be affected
    or adopted in a manner that will enable the Company to fulfill its obligations under this Agreement.

   

  		27.	WAIVER OF CLAIMS TO TRUST ACCOUNT

   

  Notwithstanding anything
    contained herein to the contrary, Indemnitee hereby agrees that he or she does not have any right, title, interest or claim of
    any kind (each, a “Claim”) in or to any monies in the trust account established in connection with the
    Company’s initial public offering for the benefit of the Company and holders of shares issued in such offering (the “Trust
        Account”), and hereby waives any Claim he or she may have in the future as a result of, or arising out of, any services
    provided to the Company and will not seek recourse against the Trust Account for any reason whatsoever. Accordingly, Indemnitee
    acknowledges and agrees that any indemnification provided hereto will only be satisfied by the Company if (i) the Company has sufficient
    funds outside of the Trust Account to satisfy its obligations hereunder or (ii) the Company consummates a Business Combination.

   

  		28.	MAINTENANCE OF INSURANCE

   

  The Company shall use commercially
    reasonable efforts to obtain and maintain in effect during the entire period for which the Company is obligated to indemnify the
    Indemnitee under this Agreement, one or more policies of insurance with reputable insurance companies to provide the officers/directors
    of the Company with coverage for losses from wrongful acts and omissions and to ensure the Company’s performance of its indemnification
    obligations under this Agreement. The Indemnitee shall be covered by such policy or policies in accordance with its or their terms
    to the maximum extent of the coverage available for any such director or officer or person serving in any other capacity under
    such policy or policies. In all such insurance policies, the Indemnitee shall be named as an insured in such a manner as to provide
    the Indemnitee with the same rights and benefits as are accorded to the most favorably insured of the directors and officers of
    or persons serving in any other capacity for the Company.

   

  [SIGNATURE PAGE FOLLOWS]

   

  
  
    	 	20	 

  

  
     

  

  
   

  IN WITNESS WHEREOF, the
    parties hereto have caused this Indemnity Agreement to be signed as of the day and year first above written.

   

  	 	B CAPITAL TECHNOLOGY OPPORTUNITIES CORP. 
	 	 	 
	 	By:  	 
	 	Name:	Raj Ganguly
	 	Title:	Chief Executive Officer

   

  [Signature Page to Indemnity Agreement]

   

  
  
     

  

  
     

  

  
    

  	 	INDEMNITEE
	 	 	 
	 	By:  	             
	 	Name:	 
	 	Title:	 

   

  [Signature Page to Indemnity Agreement]

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