Document:

Exhibit 10.3

 

LOCK-UP AGREEMENT

 

THIS LOCK-UP AGREEMENT (this
 “Agreement”), dated as of November 22, 2022, is made and entered into by and among Tempo Automation Holdings, Inc.,
a Delaware corporation (the “Company”) (formerly known as ACE Convergence Acquisition Corp., a Cayman Islands
exempted company limited by shares prior to its domestication as a Delaware corporation), and the Persons set forth on Schedule I
hereto (such stockholders, together with any person or entity who hereafter becomes a party to this Agreement pursuant to Section 2
or Section 8 of this Agreement, the “Securityholders” and each, a “Securityholder”).

 

WHEREAS,
the Company, ACE Convergence Subsidiary Corp., a Delaware corporation and a direct wholly owned subsidiary of the Company (“Merger
Sub”), and Tempo Automation, Inc., a Delaware corporation (“Legacy Tempo”), entered into
that certain Amended and Restated Agreement and Plan of Merger (as amended or modified from time to time, the “Merger Agreement”;
capitalized terms used but not defined herein shall have the respective meanings ascribed to such terms in the Merger Agreement), dated
as of August 12, 2022, as amended on September 7, 2022, and September 23, 2022, pursuant to which, among other things,
on the date hereof Merger Sub will merge with and into Legacy Tempo, with Legacy Tempo continuing on as the surviving entity (the “Surviving
Corporation”) and a wholly owned subsidiary of the Company, on the terms and conditions set forth therein (the “Merger”);

 

WHEREAS,
upon closing of the Merger, each of the Securityholders will own equity interests in the Company; and

 

WHEREAS,
in connection with the Merger, the parties hereto wish to set forth herein certain understandings between such parties with respect to
restrictions on transfer of equity interests in the Company.

 

NOW,
THEREFORE, the parties agree as follows:

 

1.            Subject
to the exceptions set forth herein, each Securityholder agrees not to, without the prior written consent of the board of directors of
the Company, (i) sell, offer to sell, contract or agree to sell, hypothecate, pledge, grant any option, right or warrant to purchase
or otherwise transfer, dispose of or agree to transfer or dispose of, directly or indirectly, or establish or increase a put equivalent
position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934,
as amended (the “Exchange Act”), and the rules and regulations of the Securities and Exchange Commission
promulgated thereunder, any shares of Domesticated Acquiror Common Stock held by it immediately after the effective time of the Merger,
any shares of Domesticated Acquiror Common Stock issuable upon the exercise of options to purchase shares of Domesticated Acquiror Common
Stock held by it immediately after the effective time of the Merger, or any securities convertible into or exercisable or exchangeable
for Domesticated Acquiror Common Stock held by it immediately after the effective time of the Merger (the “Lock-up Shares”),
(ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of
ownership of any of the Lock-up Shares, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise
or (iii) publicly announce any intention to effect any transaction specified in clause (i) or (ii) (the actions specified
in clauses (i)-(iii), collectively, “Transfer”) until the date that is 365 days after the Closing date of the
Merger (the “Lock-Up Period”), subject to the early release provisions set forth in Section 4 below.

 

2.            The
restrictions set forth in Section 1 shall not apply to:

 

		(i)	in the case of an entity, Transfers (A) to another entity that is an affiliate (as defined in Rule 405
promulgated under the Securities Act of 1933, as amended) of the undersigned, or to any investment fund or other entity controlling, controlled
by, managing or managed by or under common control with the undersigned or affiliates of the undersigned or who shares a common investment
advisor with the undersigned or (B) as part of a distribution to members, partners, shareholders or equity holders of the undersigned;

 

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		(ii)	in the case of an individual, Transfers by gift to members of the individual’s immediate family
(as defined below) or to a trust, the beneficiary of which is a member of one of the individual’s immediate family, an affiliate
of such person or to a charitable organization;

 

		(iii)	in the case of an individual, Transfers by virtue of laws of descent and distribution upon death of the
individual;

 

		(iv)	in the case of an individual, Transfers by operation of law or pursuant to a court order, such as a qualified
domestic relations order, divorce decree or separation agreement;

 

		(v)	in the case of an individual, Transfers to a partnership, limited liability company or other entity of
which the undersigned and/or the immediate family (as defined below) of the undersigned are the legal and beneficial owner of all of the
outstanding equity securities or similar interests;

 

		(vi)	in the case of an entity that is a trust, Transfers to a trustor or beneficiary of the trust or to the
estate of a beneficiary of such trust;

 

		(vii)	in the case of an entity, Transfers by virtue of the laws of the state of the entity’s organization
and the entity’s organizational documents upon dissolution of the entity;

 

		(viii)	Transfers of any shares of Domesticated Acquiror Common Stock or other securities acquired as part of
the PIPE Investment (as defined in the Merger Agreement) or issued in exchange for, or on conversion or exercise of, any securities issued
as part of the PIPE Investment;

 

		(ix)	Transfers relating to Domesticated Acquiror Common Stock or other securities convertible into or exercisable
or exchangeable for Domesticated Acquiror Common Stock acquired in open market transactions after the Closing; provided that no
such transaction is required to be, or is, publicly announced (whether on Form 4, Form 5 or otherwise, other than a required
filing on Schedule 13F, 13G or 13G/A) during the Lock-Up Period;

 

		(x)	the exercise of stock options or warrants to purchase shares of Domesticated Acquiror Common Stock or
the vesting of stock awards of Domesticated Acquiror Common Stock and any related transfer of shares of Domesticated Acquiror Common Stock
in connection therewith (x) deemed to occur upon the “cashless” or “net” exercise of such options or warrants
or (y) for the purpose of paying the exercise price of such options or warrants or for paying taxes due as a result of the exercise
of such options or warrants, the vesting of such options, warrants or stock awards, or as a result of the vesting of such shares of Domesticated
Acquiror Common Stock, it being understood that all shares of Domesticated Acquiror Common Stock received upon such exercise, vesting
or transfer will remain subject to the restrictions of this Agreement during the Lock-Up Period;

 

		(xi)	Transfers to the Company pursuant to any contractual arrangement in effect at the effective time of the
Merger that provides for the repurchase by the Company or forfeiture of Domesticated Acquiror Common Stock or other securities convertible
into or exercisable or exchangeable for Domesticated Acquiror Common Stock in connection with the termination of the Securityholder’s
service to the Company;

 

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		(xii)	the entry, by a Securityholder, at any time after the effective time of the Merger, of any trading plan
providing for the sale of shares of Domesticated Acquiror Common Stock by a Securityholder, which trading plan meets the requirements
of Rule 10b5-1(c) under the Exchange Act; provided, however, that such plan does not provide for, or permit, the
sale of any shares of Domesticated Acquiror Common Stock during the Lock-Up Period and no public announcement or filing is voluntarily
made or required regarding such plan during the Lock-Up Period;

 

		(xiii)	Transfers in the event of completion of a liquidation, merger, stock exchange, reorganization or other
similar transaction that results in all of the Company’s securityholders having the right to exchange their shares of Domesticated
Acquiror Common Stock for cash, securities or other property;

 

		(xiv)	Transfers to satisfy any U.S. federal, state, or local income tax obligations of a Securityholder (or
its direct or indirect owners) arising from a change in the U.S. Internal Revenue Code of 1986, as amended (the “Code”),
or the U.S. Treasury Regulations promulgated thereunder (the “Regulations”) after the date on which the Merger
Agreement was executed by the parties, and such change prevents the Merger from qualifying as a “reorganization” pursuant
to Section 368 of the Code (and the Merger does not qualify for similar tax-free treatment pursuant to any successor or other provision
of the Code or Regulations taking into account such changes), in each case solely and to the extent necessary to cover any tax liability
as a direct result of the transaction; and

 

		(xv)	Transfers of any securities issued pursuant to that certain Note Purchase Agreement, dated as of August 25,
2022, by and among Legacy Tempo and the investors party thereto, including, for the avoidance of doubt, the amended and restated notes
issued in connection therewith, and any shares of Domesticated Acquiror Common Stock issued upon conversion of such securities.

 

provided,
however, that (A) in the case of clauses (i) through (vii), these permitted transferees must enter into a written
agreement, in substantially the form of this Agreement (it being understood that any references to “immediate family” in the
agreement executed by such transferee shall expressly refer only to the immediate family of the applicable Securityholder and not to the
immediate family of the transferee), agreeing to be bound by these Transfer restrictions. For purposes of this paragraph, “immediate
family” shall mean a spouse, domestic partner, child (including by adoption), father, mother, brother or sister of the undersigned,
and lineal descendant (including by adoption) of the undersigned or of any of the foregoing persons; and “affiliate” shall
have the meaning set forth in Rule 405 under the Securities Act of 1933, as amended.

 

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3.            In
the event that the Company releases or waives, in full or in part, any party from a lock-up agreement entered into in connection with
the Closing of the Merger, then the same number of Lock-up Shares held by the undersigned as held by such released party shall be immediately
and fully released on the same terms from the applicable prohibition(s) set forth herein. The foregoing provisions of this paragraph
will not apply if (i) the release or waiver is granted to a holder of Domesticated Acquiror Common Stock in connection with a follow-on
public offering of Domesticated Acquiror Common Stock pursuant to a registration statement filed with the SEC, whether or not such offering
or sale is wholly or partially a secondary offering of the Domesticated Acquiror Common Stock , and the undersigned, only to the extent
the undersigned has a contractual right to demand or require the registration of the undersigned’s Domesticated Acquiror Common
Stock or “piggyback” on a registration statement filed by the Company for the offer and sale of its Domesticated Acquiror
Common Stock , has been given an opportunity to participate on a basis consistent with such contractual rights in such follow-on offering,
(ii)(a) the release or waiver is effected solely to permit a transfer not for consideration and (b) the transferee has agreed
in writing to be bound by the same terms described in this letter to the extent and for the duration that such terms remain in effect
at the time of the transfer, (iii) the aggregate number of Lock-Up Shares affected by such releases or waivers (whether in one or
multiple releases or waivers) with respect to any particular beneficial or record holder of Lock-Up Shares is less than or equal to 1%
of the total number of outstanding shares of Common Stock then-outstanding (on a fully-diluted basis, calculated as of the date of such
release or waiver), or (iv) the Company determines in its sole discretion that a release or waiver should be granted to a record
or beneficial holder of Lock-Up Shares due to circumstances of emergency or hardship. In the event that the Company changes, amends, modifies
or waives (other than to correct a typographical error) any particular provision of any other lock-up agreement entered into in connection
with the closing of the Merger, then the undersigned shall be offered the option (but not the requirement) to make a corresponding change,
amendment, modification or waiver to this Agreement.

 

4.            This
Agreement shall terminate upon the earlier of (i) the expiration of the Lock-Up Period, (ii) the closing of a merger, liquidation,
stock exchange, reorganization or other similar transaction after the Closing date of the Merger that results in all of the public stockholders
of the Company having the right to exchange their shares of Domesticated Acquiror Common Stock for cash securities or other property,
(iii) the day after the date on which the closing price of the Domesticated Acquiror Common Stock equals or exceeds $12.00 per share
(as adjusted for stock splits, stock capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within
any 30-trading day period commencing at least 150 days after the Closing date of the Merger or (iv) the liquidation of the Company.

 

5.            In
furtherance of the foregoing, the Company, and any duly appointed transfer agent for the registration or transfer of the securities described
therein, are hereby authorized to decline to make any transfer of securities if such transfer would constitute a violation or breach of
this Agreement.

 

6.            This
Agreement replaces Section 7(a) of that certain Letter Agreement, dated July 27, 2020, among the Company, ACE Convergence
Acquisition LLC, and the Company’s officers and directors, which Section 7(a) shall be terminated and, to the extent previously
applicable to a Securityholder, of no further effect with respect to such Securityholder upon the Closing of the Merger, and constitutes
the entire agreement and understanding of the parties hereto in respect of the subject matter hereof and supersedes all prior understandings,
agreements or representations by or among the parties hereto, written or oral, to the extent they relate in any way to the subject matter
hereof or the transactions contemplated hereby.

 

7.            This
Agreement may be amended or modified in whole or in part, only by a duly authorized agreement in writing, executed by the Company and
the Securityholders holding a majority of the shares then held by the Securityholders in the aggregate as to which this Agreement has
not been terminated, executed in the same manner as this Agreement and which makes reference to this Agreement. This Agreement may not
be modified or amended except as provided in the immediately preceding sentence and any purported amendment by any party or parties hereto
effected in a manner which does not comply with this Section 7 shall be null and void, ab initio.

 

8.            Except
as set forth herein, no party hereto may assign either this Agreement or any of its rights, interests or obligations hereunder without
the prior written consent of the other party. Any purported assignment in violation of this paragraph shall be void and ineffectual and
shall not operate to transfer or assign any interest or title to the purported assignee. This Agreement shall be binding on each Securityholder
and each of its respective successors, heirs and assigns and permitted transferees.

 

    4 

     

    

 

9.            This
Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Delaware, without giving effect
to conflicts of law principles that would result in the application of the substantive laws of another jurisdiction. The parties hereto
(i) all agree that any action, proceeding, claim or dispute arising out of, or relating in any way to, this Agreement shall be brought
and enforced in the Delaware Chancery Court, and irrevocably submit to such jurisdiction and venue, which jurisdiction and venue shall
be exclusive and (ii) waive any objection to such exclusive jurisdiction and venue or that such courts represent an inconvenient
forum.

 

10.            This
Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original, but all of which shall constitute
one and the same agreement. Delivery of an executed counterpart of a signature page to this Agreement or any joinder to this Agreement
by electronic means, including DocuSign, e-mail, or scanned pages shall be effective as delivery of a manually executed counterpart
to this Agreement.

 

11.            Whenever
possible, each provision of this Agreement will be interpreted in such a manner as to be effective and valid under applicable law, but
if any term or other provision of this Agreement is held to be invalid, illegal or unenforceable under applicable law, all other provisions
of this Agreement shall remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby
are not affected in any manner materially adverse to any party hereto. Upon such determination that any term or other provision of this
Agreement is invalid, illegal or unenforceable under applicable law, the parties hereto shall negotiate in good faith to modify this Agreement
so as to effect the original intent of the parties as closely as possible in an acceptable manner in order that the transactions contemplated
hereby are consummated as originally contemplated to the greatest extent possible

 

12.            The
liability of any Securityholder hereunder is several (and not joint). Notwithstanding any other provision of this Agreement, in no event
will any Securityholder be liable for any other Securityholder’s breach of such other Securityholder’s obligations under this
Agreement.

 

[remainder of page intentionally left blank]

 

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IN WITNESS WHEREOF, the parties hereto have executed
this Agreement on the day and year first above written.

 

		 	TEMPO AUTOMATION HOLDINGS, INC.
	 	 	 
	 	 	By:	/s/ Joy Weiss
	 	 	Name:	Joy Weiss
	 	 	Title:	Chief Executive Officer

 

[Signature
Page to Lock-Up Agreement]

 

     

     

    

 

		 	STOCKHOLDERS:
	 	 	 
	 	 	ACE CONVERGENCE ACQUISITION LLC
	 	 	 
	 	 	By:	/s/ Behrooz Abdi
	 	 	Name:	Behrooz Abdi
	 	 	Title:	Chief Executive Officer

 

[Signature Page to Lock-Up Agreement]

 

     

     

    

 

	 	 	ACE SO3 HOLDINGS LIMITED
	 	 	 
	 	 	By:	/s/ Denis Tse
	 	 	Name:	Denis Tse
	 	 	Title:	Executive Director

 

[Signature Page to Lock-Up Agreement]

 

     

     

    

 

 

	 	 	ACE SO5 HOLDINGS LIMITED
	 	 	 
	 	 	By:	/s/ Denis Tse
	 	 	Name:	Denis Tse
	 	 	Title:	Executive Director

 

[Signature Page to Lock-Up Agreement]

 

     

     

    

 

	 	 	Point72 Ventures Investments, LLC
	 	 	 
	 	 	By:	/s/ David Schaffer
	 	 	Name:	David Schaffer
	 	 	Title:	Authorized Signatory

 

[Signature Page to Lock-Up Agreement]

 

     

     

    

 

	 	 	Alcor Investments, LLC
	 	 	 
	 	 	By:	/s/ Matthew W. Granade
	 	 	Name:	Matthew  Granade
	 	 	Title:	Member

 

[Signature
Page to Lock-Up Agreement]

 

     

     

    

 

	 	 	Lux Ventures IV, L.P.
	 	 	 
	 	 	By:	/s/ Peter Hebert
	 	 	Name:	Peter Hebert
	 	 	Title:	Managing Director

 

[Signature
Page to Lock-Up Agreement]

 

     

     

    

 

	 	 	BEHROOZ ABDI
	 	 	 
	 	 	By:	/s/ Behrooz Abdi
	 	 	Name:	Behrooz Abdi

 

[Signature
Page to Lock-Up Agreement]

 

     

     

    

 

	 	 	SUNNY SIU
	 	 	 
	 	 	By:	/s/ Sunny Siu
	 	 	Name:	Sunny Siu

 

[Signature
Page to Lock-Up Agreement]

 

     

     

    

 

	 	 	MINYOUNG PARK
	 	 	 
	 	 	By:	/s/ Minyoung Park
	 	 	Name:	Minyoung Park

 

[Signature
Page to Lock-Up Agreement]

 

     

     

    

 

	 	 	KENNETH KLEIN
	 	 	 
	 	 	By:	/s/ Kenneth Klein
	 	 	Name:	Kenneth Klein

 

[Signature
Page to Lock-Up Agreement]

 

     

     

    

 

	 	OMID TAHERNIA
	 	 
	 	By:	/s/ Omid Tahernia
	 	Name:	Omid Tahernia

 

[Signature
Page to Lock-Up Agreement]

 

     

     

    

 

	 	RYAN BENTON
	 	 
	 	By:	/s/ Ryan Benton
	 	Name: 	Ryan Benton

 

[Signature
Page to Lock-Up Agreement]

 

     

     

    

 

	 	RAQUEL CHMIELEWSKI
	 	 
	 	By: 	/s/ Raquel Chmielewski
	 	Name:	Raquel Chmielewski

 

[Signature
Page to Lock-Up Agreement]

 

     

     

    

	 	 	 
	 	/s/ Jeffrey McAlvay
	 	Jeffrey McAlvay

 

[Signature
Page to Lock-Up Agreement]

 

     

     

    

	 	 	 
	 	/s/ Matthew Granade
	 	Matthew Granade

 

[Signature
Page to Lock-Up Agreement]

 

     

     

    

	 	 	 
	 	/s/ Jacqueline Schneider
	 	Jacqueline Schneider

 

[Signature
Page to Lock-Up Agreement]

 

     

     

    

	 	 	 
	 	/s/ Joy Weiss
	 	Joy Weiss

 

[Signature
Page to Lock-Up Agreement]

 

     

     

    

	 	 	 
	 	/s/ Ralph Richart
	 	Ralph Richart

 

[Signature
Page to Lock-Up Agreement]

 

     

     

    

 

SCHEDULE I

 

STOCKHOLDERS

 

ACE Convergence Acquisition LLC

 

ACE SO5 Holdings Limited

 

ACE SO3 Holdings Limited

 

Alcor Investments, LLC

 

Lux Ventures IV, L.P.

 

Point72 Ventures Investments, LLC

 

SQN Venture Income Fund II, LP

 

SQN Tempo Automation, LLC

 

Structural Capital Investments III, LP

 

Jacqueline D. Schneider

 

Matthew W. Granade

 

Jeffrey McAlvay

 

Joy Weiss

 

Ryan Benton

 

Ralph Richart

 

Kai Yeung Sunny Siu

 

Behrooz Abdi

 

Kenneth Klein

 

Raquel Chmielweski

 

Omid Tahernia

 

Minyoung Parkxxtm2217905-18_424b3_DIV_81-Exhibit_10x5 - none - 2.1562703s

    
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          Exhibit 10.5​

        
          SPONSOR SUPPORT AGREEMENT 
        

        
          This Sponsor Support Agreement (this “Sponsor Agreement”) is dated as of October 13, 2021, by and among ACE Convergence Acquisition LLC, a Delaware limited liability company (the “Sponsor Holdco”), the Persons set forth on Schedule I hereto (together with the Sponsor Holdco, each, a “Sponsor” and, together, the “Sponsors”), ACE Convergence Acquisition Corp., a Cayman Islands exempted company (which shall domesticate as a Delaware corporation prior to the Closing (as defined in the Merger Agreement (as defined below))) (“Acquiror”), and Tempo Automation, Inc., a Delaware corporation (the “Company”). Capitalized terms used but not defined herein shall have the respective meanings ascribed to such terms in the Merger Agreement. 
        

        
          RECITALS 
        

        
          WHEREAS, as of the date hereof, the Sponsors collectively are the holders of record and the “beneficial owners” ​(within the meaning of Rule 13d-3 under the Exchange Act) of 5,750,000 shares of Acquiror Common Stock and 6,600,000 Acquiror Warrants in the aggregate (such shares of Acquiror Common Stock and Acquiror Warrants collectively referred to herein as the “Subject Shares”) as set forth on Schedule I attached hereto; 
        

        
          WHEREAS, contemporaneously with the execution and delivery of this Sponsor Agreement, Acquiror, ACE Convergence Subsidiary Corp., a Delaware corporation and wholly owned subsidiary of Acquiror (“Merger Sub”), and the Company have entered into an Agreement and Plan of Merger (as amended or modified from time to time, the “Merger Agreement”), dated as of the date hereof, pursuant to which, Merger Sub will merge with and into the Company (the “Merger”), with the Company surviving the Merger as a wholly owned subsidiary of Acquiror, on the terms and conditions set forth therein; and 
        

        
          WHEREAS, as an inducement to Acquiror and the Company to enter into the Merger Agreement and to consummate the transactions contemplated therein, the parties hereto desire to agree to certain matters as set forth herein. 
        

        
          AGREEMENT 
        

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

        
          ARTICLE I
          

          SPONSOR SUPPORT AGREEMENT; COVENANTS 
        

        
          Section 1.1   Binding Effect of Merger Agreement.   Each Sponsor hereby acknowledges that it has read the Merger Agreement and this Sponsor Agreement and has had the opportunity to consult with its tax and legal advisors. Each Sponsor shall be bound by and comply with Sections 7.4 (No Solicitation by Acquiror) and 11.12 (Publicity) of the Merger Agreement (and any relevant definitions contained in any such Sections) as if such Sponsor was an original signatory to the Merger Agreement with respect to such provisions. 
        

        
          Section 1.2   No Transfer.   During the period commencing on the date hereof and ending on the Expiration Time (as defined below), each Sponsor shall not (i) sell, offer to sell, contract or agree to sell, hypothecate, pledge, grant any option to purchase or otherwise dispose of or agree to dispose of, directly or indirectly, file (or participate in the filing of) a registration statement with the SEC (other than the Proxy Statement/Registration Statement) or establish or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the Exchange Act, with respect to any shares of Acquiror Common Stock or Acquiror Warrants owned by such Sponsor, (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any shares of Acquiror Common Stock or Acquiror Warrants owned by such Sponsor or (iii) publicly announce any intention to effect any transaction specified in clause (i) or (ii); provided, however, that nothing herein shall prohibit a Transfer to another Sponsor or an Affiliate of a Sponsor (a “Permitted 
        

      

      
        
           
          

        

      

      
        
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          Transfer”); provided, further, that any Permitted Transfer shall be permitted only if, as a precondition to such Transfer, the transferee also agrees in a writing, reasonably satisfactory in form and substance to the Company, to assume all of the obligations of such Sponsor under, and be bound by all of the terms of, this Agreement; provided, further, that any Transfer permitted under this Section 1.2 shall not relieve a Sponsor of its obligations under this Agreement. Any Transfer in violation of this Section 1.2 with respect to a Sponsor’s Subject Shares shall be null and void. Nothing in this Agreement shall prohibit direct or indirect transfers of equity or other interests in the Sponsor Holdco. 
        

        
          Section 1.3   New Shares.   In the event that, during the period commencing on the date hereof and ending at the Expiration Time, (a) any shares of Acquiror Common Stock, Acquiror Warrants or other equity securities of Acquiror are issued to a Sponsor after the date of this Sponsor Agreement pursuant to any stock dividend, stock split, recapitalization, reclassification, combination or exchange of shares of Acquiror Common Stock or Acquiror Warrants of, on or affecting the shares of Acquiror Common Stock or Acquiror Warrants owned by such Sponsor or otherwise, (b) a Sponsor purchases or otherwise acquires beneficial ownership of any shares of Acquiror Common Stock, Acquiror Warrants or other equity securities of Acquiror after the date of this Sponsor Agreement, or (c) a Sponsor acquires the right to vote or share in the voting of any shares of Acquiror Common Stock or other equity securities of Acquiror after the date of this Sponsor Agreement (such shares of Acquiror Common Stock, Acquiror Warrants or other equity securities of Acquiror, collectively the “New Securities”), then such New Securities acquired or purchased by such Sponsor shall be subject to the terms of this Sponsor Agreement to the same extent as if they constituted the shares of Acquiror Common Stock or Acquiror Warrants owned by such Sponsor as of the date hereof. 
        

        
          Section 1.4   Closing Date Deliverables.   On the Closing Date, the Sponsors shall deliver to Acquiror and the Company: 
        

        
          (a)   a duly executed copy of that certain Amended and Restated Registration Rights Agreement, by and among Acquiror, the Company, the Sponsors, and certain of the Company’s stockholders or their respective affiliates, as applicable, in substantially the form attached as Exhibit C to the Merger Agreement; and 
        

        
          (b)   a duly executed copy of that certain Lock-Up Agreement in substantially the form attached as Exhibit D to the Merger Agreement. 
        

        
          Section 1.5   Sponsor Agreements. 
        

        
          (a)   At any meeting of the shareholders of Acquiror, however called, or at any adjournment thereof, or in any other circumstance in which the vote, consent or other approval of the shareholders of Acquiror is sought, each Sponsor shall (i) appear at each such meeting or otherwise cause all of its shares of Acquiror Common Stock to be counted as present thereat for purposes of calculating a quorum and (ii) vote (or cause to be voted), or execute and deliver a written consent (or cause a written consent to be executed and delivered) covering, all of its shares of Acquiror Common Stock: 
        

        
          (i)   in favor of each Transaction Proposal; 
        

        
          (ii)   against any Business Combination Proposal or any proposal relating to a Business Combination Proposal (in each case, other than the Transaction Proposals); 
        

        
          (iii)   against any merger agreement or merger (other than the Merger Agreement and the Merger), consolidation, combination, sale of substantial assets, reorganization, recapitalization, dissolution, liquidation or winding up of or by Acquiror; 
        

        
          (iv)   against any change in the business, management or Board of Directors of Acquiror (other than in connection with the Transaction Proposals); 
        

        
          (v)   against any proposal, action or agreement that would (A) impede, frustrate, prevent or nullify any provision of this Agreement, the Merger Agreement or any Merger, (B) result in a breach in any respect of any covenant, representation, warranty or any other obligation or agreement of Acquiror or the Merger Sub under the Merger Agreement, (C) result in any of the conditions set forth in Article IX of the Merger Agreement not being fulfilled, (D) result in a breach 
        

      

      
        
           
          

        

      

      
        
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          of any covenant, representation or warranty or other obligation or agreement of such Sponsor contained in this Agreement or (E) change in any manner the dividend policy or capitalization of, including the voting rights of any class of capital stock of, Acquiror; 
        

        
          (vi)   if applicable, in favor of waiving any and all anti-dilution rights such Sponsor may hold pursuant to the Acquiror Governing Documents; and 
        

        
          (vii)   against any amendment to the Voting Letter Agreement (as defined below) without the consent of the Company. 
        

        
          Each Sponsor hereby agrees that it shall not commit or agree to take any action inconsistent with the foregoing. 
        

        
          (b)   Each Sponsor shall comply with, and fully perform all of its obligations, covenants and agreements set forth in, that certain Letter Agreement, dated as of July 27, 2020, by and among the Sponsors and Acquiror (the “Voting Letter Agreement”), including the obligations of the Sponsors pursuant to Section 1 therein to not redeem any shares of Acquiror Common Stock owned by such Sponsor in connection with the transactions contemplated by the Merger Agreement. 
        

        
          (c)   During the period commencing on the date hereof and ending on the earlier of the consummation of the Closing and the termination of the Merger Agreement pursuant to Article X thereof, each Sponsor shall not modify or amend any Contract between or among such Sponsor, anyone related by blood, marriage or adoption to such Sponsor or any Affiliate of such Sponsor (other than Acquiror or any of its Subsidiaries), on the one hand, and Acquiror or any of Acquiror’s Subsidiaries, on the other hand, including, for the avoidance of doubt, the Voting Letter Agreement. 
        

        
          Section 1.6   No Challenges.   Each Sponsor agrees not to commence, join in, facilitate, assist or encourage, and agrees to take all actions necessary to opt out of any class in any class action with respect to, any claim, derivative or otherwise, against Acquiror, Merger Sub, the Company or any of their respective successors or directors (a) challenging the validity of, or seeking to enjoin the operation of, any provision of this Agreement or (b) alleging a breach of any fiduciary duty of any person in connection with the evaluation, negotiation or entry into the Merger Agreement. 
        

        
          Section 1.7   Further Assurances.   Each Sponsor shall take, or cause to be taken, all actions and do, or cause to be done, all things reasonably necessary under applicable Laws to consummate the Mergers and the other transactions contemplated by the Merger Agreement on the terms and subject to the conditions set forth therein and herein. 
        

        
          Section 1.8   No Inconsistent Agreement.   Each Sponsor hereby represents and covenants that such Sponsor has not entered into, and shall not enter into, any agreement that would restrict, limit or interfere with the performance of such Sponsor’s obligations hereunder. 
        

        
          ARTICLE II
          

          REPRESENTATIONS AND WARRANTIES 
        

        
          Section 2.1   Representations and Warranties of the Sponsors.   Each Sponsor represents and warrants as of the date hereof to Acquiror and the Company (solely with respect to itself, himself or herself and not with respect to any other Sponsor) as follows: 
        

        
          (a)   Organization; Due Authorization.   If such Sponsor is not an individual, it is duly organized, validly existing and in good standing under the Laws of the jurisdiction in which it is incorporated, formed, organized or constituted, and the execution, delivery and performance of this Sponsor Agreement and the consummation of the transactions contemplated hereby are within such Sponsor’s corporate, limited liability company or organizational powers and have been duly authorized by all necessary corporate, limited liability company or organizational actions on the part of such Sponsor. If such Sponsor is an individual, such Sponsor has full legal capacity, right and authority to execute and deliver this Sponsor Agreement and to perform his or her obligations hereunder. This Sponsor Agreement has been duly executed and delivered by such Sponsor and, assuming due authorization, execution and delivery by the other parties to this Sponsor Agreement, this Sponsor Agreement 
        

      

      
        
           
          

        

      

      
        
          3
          

        

      

      

    

    
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          constitutes a legally valid and binding obligation of such Sponsor, enforceable against such Sponsor in accordance with the terms hereof (except as enforceability may be limited by bankruptcy Laws, other similar Laws affecting creditors’ rights and general principles of equity affecting the availability of specific performance and other equitable remedies). If this Sponsor Agreement is being executed in a representative or fiduciary capacity, the Person signing this Sponsor Agreement has full power and authority to enter into this Sponsor Agreement on behalf of the applicable Sponsor. 
        

        
          (b)   Ownership.   Such Sponsor is the record and beneficial owner (as defined in the Securities Act) of, and has good title to, all of such Sponsor’s shares of Acquiror Common Stock and Acquiror Warrants, and there exist no Liens or any other limitation or restriction (including any restriction on the right to vote, sell or otherwise dispose of such shares of Acquiror Common Stock or Acquiror Warrants (other than transfer restrictions under the Securities Act)) affecting any such shares of Acquiror Common Stock or Acquiror Warrants, other than Liens pursuant to (i) this Sponsor Agreement, (ii) the Acquiror Governing Documents, (iii) the Merger Agreement, (iv) the Voting Letter Agreement or (v) any applicable securities Laws. Such Sponsor’s shares of Acquiror Common Stock and Acquiror Warrants are the only equity securities in Acquiror owned of record or beneficially by such Sponsor on the date of this Sponsor Agreement, and none of such Sponsor’s shares of Acquiror Common Stock or Acquiror Warrants are subject to any proxy, voting trust or other agreement or arrangement with respect to the voting of such shares of Acquiror Common Stock or Acquiror Warrants, except as provided hereunder and under the Voting Letter Agreement. Other than the Acquiror Warrants, such Sponsor does not hold or own any rights to acquire (directly or indirectly) any equity securities of Acquiror or any equity securities convertible into, or which can be exchanged for, equity securities of Acquiror. 
        

        
          (c)   No Conflicts.   The execution and delivery of this Sponsor Agreement by such Sponsor does not, and the performance by such Sponsor of his, her or its obligations hereunder will not, (i) if such Sponsor is not an individual, conflict with or result in a violation of the organizational documents of such Sponsor or (ii) require any consent or approval that has not been given or other action that has not been taken by any Person (including under any Contract binding upon such Sponsor or such Sponsor’s shares of Acquiror Common Stock or Acquiror Warrants), in each case, to the extent such consent, approval or other action would prevent, enjoin or materially delay the performance by such Sponsor of its, his or her obligations under this Sponsor Agreement. 
        

        
          (d)   Litigation.   There are no Actions pending against such Sponsor, or to the knowledge of such Sponsor threatened against such Sponsor, before (or, in the case of threatened Actions, that would be before) any arbitrator or any Governmental Authority, which in any manner challenges or seeks to prevent, enjoin or materially delay the performance by such Sponsor of its, his or her obligations under this Sponsor Agreement. 
        

        
          (e)   Brokerage Fees.   Except as described on Section 5.13 of the Acquiror Disclosure Letter, no broker, finder, investment banker or other Person is entitled to any brokerage fee, finders’ fee or other commission in connection with the transactions contemplated by the Merger Agreement based upon arrangements made by such Sponsor, for which Acquiror or any of its Affiliates may become liable. 
        

        
          (f)   Affiliate Arrangements.   Except as set forth on Schedule II attached hereto, neither such Sponsor nor any anyone related by blood, marriage or adoption to such Sponsor or, to the knowledge of such Sponsor, any Person in which such Sponsor has a direct or indirect legal, contractual or beneficial ownership of 5% or greater is party to, or has any rights with respect to or arising from, any Contract with Acquiror or its Subsidiaries. 
        

        
          (g)   Acknowledgment.   Such Sponsor understands and acknowledges that each of Acquiror and the Company is entering into the Merger Agreement in reliance upon such Sponsor’s execution and delivery of this Sponsor Agreement. 
        

      

      
        
           
          

        

      

      
        
          4
          

        

      

      

    

    
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          ARTICLE III
          

          MISCELLANEOUS 
        

        
          Section 3.1   Termination.   This Sponsor Agreement and all of its provisions shall terminate and be of no further force or effect upon the earliest to occur of (a) the Effective Time, (b) such date and time as the Merger Agreement shall be terminated in accordance with Section 10.1 thereof (the earliest of (a) and (b), the “Expiration Time”), (c) the liquidation of Acquiror and (d) upon the written agreement of the Sponsor, Acquiror, and the Company. Upon such termination of this Sponsor Agreement, all obligations of the parties under this Sponsor Agreement will terminate, without any liability or other obligation on the part of any party hereto to any Person in respect hereof or the transactions contemplated hereby, and no party hereto shall have any claim against another (and no person shall have any rights against such party), whether under contract, tort or otherwise, with respect to the subject matter hereof; provided, however, that the termination of this Sponsor Agreement shall not relieve any party hereto from liability arising in respect of any breach of this Sponsor Agreement prior to such termination. This ARTICLE III shall survive the termination of this Agreement. 
        

        
          Section 3.2   Governing Law.   This Sponsor Agreement, and all claims or causes of action (whether in contract or tort) that may be based upon, arise out of or relate to this Sponsor Agreement or the negotiation, execution or performance of this Sponsor Agreement (including any claim or cause of action based upon, arising out of or related to any representation or warranty made in or in connection with this Sponsor Agreement) will be governed by and construed in accordance with the internal Laws of the State of Delaware applicable to agreements executed and performed entirely within such State. 
        

        
          Section 3.3   CONSENT TO JURISDICTION AND SERVICE OF PROCESS; WAIVER OF JURY TRIAL. 
        

        
          (a)   THE PARTIES TO THIS SPONSOR AGREEMENT SUBMIT TO THE EXCLUSIVE JURISDICTION OF THE STATE COURTS LOCATED IN WILMINGTON, DELAWARE OR THE COURTS OF THE UNITED STATES LOCATED IN WILMINGTON, DELAWARE IN RESPECT OF THE INTERPRETATION AND ENFORCEMENT OF THE PROVISIONS OF THIS SPONSOR AGREEMENT AND ANY RELATED AGREEMENT, CERTIFICATE OR OTHER DOCUMENT DELIVERED IN CONNECTION HEREWITH AND BY THIS SPONSOR AGREEMENT WAIVE, AND AGREE NOT TO ASSERT, ANY DEFENSE IN ANY ACTION FOR THE INTERPRETATION OR ENFORCEMENT OF THIS SPONSOR AGREEMENT AND ANY RELATED AGREEMENT, CERTIFICATE OR OTHER DOCUMENT DELIVERED IN CONNECTION HEREWITH, THAT THEY ARE NOT SUBJECT TO THE PERSONAL JURISDICTION THERETO OR THAT SUCH ACTION MAY NOT BE BROUGHT OR IS NOT MAINTAINABLE IN SUCH COURTS OR THAT THIS SPONSOR AGREEMENT MAY NOT BE ENFORCED IN OR BY SUCH COURTS OR THAT THEIR PROPERTY IS EXEMPT OR IMMUNE FROM EXECUTION, THAT THE ACTION IS BROUGHT IN AN INCONVENIENT FORUM, OR THAT THE VENUE OF THE ACTION IS IMPROPER AND FURTHER AGREES NOT TO BRING ANY PROCEEDING OR ACTION ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY IN ANY OTHER COURT. SERVICE OF PROCESS WITH RESPECT THERETO MAY BE MADE UPON ANY PARTY TO THIS SPONSOR AGREEMENT BY MAILING A COPY THEREOF BY REGISTERED OR CERTIFIED MAIL, POSTAGE PREPAID, TO SUCH PARTY AT ITS ADDRESS AS PROVIDED IN SECTION 3.8. 
        

        
          (b)   WAIVER OF TRIAL BY JURY.   EACH PARTY HERETO ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS SPONSOR AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS SPONSOR AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS SPONSOR AGREEMENT. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (I) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT 
        

      

      
        
           
          

        

      

      
        
          5
          

        

      

      

    

    
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          OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (II) EACH SUCH PARTY UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (III) EACH SUCH PARTY MAKES THIS WAIVER VOLUNTARILY, AND (IV) EACH SUCH PARTY HAS BEEN INDUCED TO ENTER INTO THIS SPONSOR AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 3.3. 
        

        
          Section 3.4   Assignment.   This Sponsor Agreement and all of the provisions hereof will be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors and permitted assigns. Neither this Sponsor Agreement nor any of the rights, interests or obligations hereunder will be assigned (including by operation of law) without the prior written consent of the parties hereto. 
        

        
          Section 3.5   Specific Performance.   The parties hereto agree that irreparable damage may occur in the event that any of the provisions of this Sponsor Agreement were not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed that the parties hereto shall be entitled to an injunction or injunctions to prevent breaches of this Sponsor Agreement and to enforce specifically the terms and provisions of this Sponsor Agreement in the chancery court or any other state or federal court within the State of Delaware, this being in addition to any other remedy to which such party is entitled at law or in equity. In the event that any Action shall be brought in equity to enforce the provisions of this Agreement, no party shall allege, and each party hereby waives the defense, that there is an adequate remedy at law, and each party agrees to waive any requirement for the securing or posting of any bond in connection therewith. 
        

        
          Section 3.6   Amendment; Waiver.   This Sponsor Agreement may not be amended, changed, supplemented, waived or otherwise modified or terminated, except upon the execution and delivery of a written agreement executed by Acquiror, the Company and the Sponsor Holdco. 
        

        
          Section 3.7   Severability.   If any provision of this Sponsor Agreement is held invalid or unenforceable by any court of competent jurisdiction, the other provisions of this Sponsor Agreement will remain in full force and effect. Any provision of this Sponsor Agreement held invalid or unenforceable only in part or degree will remain in full force and effect to the extent not held invalid or unenforceable. 
        

        
          Section 3.8   Notices.   All notices and other communications among the parties hereto shall be in writing and shall be deemed to have been duly given (a) when delivered in person, (b) when delivered after posting in the United States mail having been sent registered or certified mail return receipt requested, postage prepaid, (c) when delivered by FedEx or other nationally recognized overnight delivery service or (d) when e-mailed during normal business hours (and otherwise as of the immediately following Business Day), addressed as follows: 
        

        
          If to Acquiror: 
        

        
          ACE Convergence Acquisition Corp.  
1013 Centre Road, Suite 403S  
Wilmington, DE 19805  
Attention:    Denis Tse  
Email:        denis@acev.io  
with a copy to (which will not constitute notice): 

        
          Skadden, Arps, Slate, Meagher & Flom LLP  
525 University Avenue, Suite 1400  
Palo Alto, CA 94301  
Attention:    Michael Mies  
Email:        michael.mies@skadden.com 

        
          If to the Company: 
        

        
          Tempo Automation, Inc.  
2460 Alameda St.  
San Francisco, CA 94103  
Attention:    Ryan Benton  
Email:       rbenton@tempoautomation.com  
with a copy to (which shall not constitute notice): 

      

      
        
           
          

        

      

      
        
          6
          

        

      

      

    

    
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          Latham & Watkins LLP  
811 Main Street, Suite 3700  
Houston, TX 77002  
Attention:

        
          Ryan J. Maierson  
Thomas G. Brandt 

        ​

        
          Email:
          

        

        
          ryan.maierson@lw.com  
thomas.brandt@lw.com 

        ​

        
          If to a Sponsor: 
        

        
          To such Sponsor’s address set forth in Schedule I  
with a copy to (which will not constitute notice): 

        
          Skadden, Arps, Slate, Meagher & Flom LLP  
525 University Avenue, Suite 1400  
Palo Alto, CA 94301  
Attention:   Michael Mies  
Email:       michael.mies@skadden.com 

        
          Section 3.9   Counterparts.   This Sponsor Agreement may be executed in two or more counterparts (any of which may be delivered by electronic transmission), each of which shall constitute an original, and all of which taken together shall constitute one and the same instrument. 
        

        
          Section 3.10   Entire Agreement.   This Sponsor Agreement and the agreements referenced herein constitute the entire agreement and understanding of the parties hereto in respect of the subject matter hereof and supersede all prior understandings, agreements or representations by or among the parties hereto to the extent they relate in any way to the subject matter hereof. 
        

        
          [THE REMAINDER OF THIS PAGE IS INTENTIONALLY BLANK] 
        

      

      
        
           
          

        

      

      
        
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          IN WITNESS WHEREOF, the Sponsors, Acquiror, and the Company have each caused this Sponsor Support Agreement to be duly executed as of the date first written above. 
        

        	​	​	​	​	
              SPONSORS:
            	​
	​	​	​	​	
              ACE Convergence Acquisition LLC
            	​
	​	​	​	​	
              By: 
            	​	​	
              
                /s/ Behrooz Abdi
              

              
                ​

              

              
                Name: Behrooz Abdi 
                

                Title:  Chief Executive Officer
              

            	​
	​	​	​	​	​	​	​	
              
                /s/ Behrooz Abdi 
              

              
                ​

              

              
                Name: Behrooz Abdi 
              

            	​
	​	​	​	​	​	​	​	
              
                /s/ Sunny Siu 
              

              
                ​

              

              
                Name: Sunny Siu 
              

            	​
	​	​	​	​	​	​	​	
              
                /s/ Kenneth Klein 
              

              
                ​

              

              
                Name: Kenneth Klein 
              

            	​
	​	​	​	​	​	​	​	
              
                /s/ Ryan Benton 
              

              
                ​

              

              
                Name: Ryan Benton 
              

            	​
	​	​	​	​	​	​	​	
              
                /s/ Raquel Chmielewski 
              

              
                ​

              

              
                Name: Raquel Chmielewski 
              

            	​
	​	​	​	​	​	​	​	
              
                /s/ Omid Tahernia 
              

              
                ​

              

              
                Name: Omid Tahernia 
              

            	​
	​	​	​	​	​	​	​	
              
                /s/ Minyoung Park 
              

              
                ​

              

              
                Name: Minyoung Park
              

            	​

        
          [Signature Page to Sponsor Support Agreement] 
        

      

      
        
           
          

        

      

      

    

    
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        	​	​	​	​	
              ACQUIROR:
            	​
	​	​	​	​	
              ACE Convergence Acquisition Corp.
            	​
	​	​	​	​	
              By: 
            	​	​	
              
                /s/ Behrooz Abdi 
              

              
                ​

              

              
                Name: Behrooz Abdi 
                

                Title:  Chief Executive Officer
              

            	​

        
          [Signature Page to Sponsor Support Agreement] 
        

      

      
        
           
          

        

      

      

    

    
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        	​	​	​	​	
              COMPANY:
            	​
	​	​	​	​	
              Tempo Automation, Inc.
            	​
	​	​	​	​	
              By:
            	​	​	
              
                /s/ Joy Weiss 
              

              
                ​

              

              
                Name: Joy Weiss 
                

                Title:  CEO
              

            	​

        
          [Signature Page to Sponsor Support Agreement] 
        

      

      
        
           
          

        

      

      

    

    
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          Schedule I 
        

        
          Sponsor Shares of Acquiror Common Stock and Acquiror Warrants 
        

        	
              
                Sponsor 
              

            	​	​	
              
                Acquiror Common Stock 
              

            	​	​	
              
                Acquiror Warrants 
              

            	​
	
              ACE Convergence Acquisition LLC﻿(1) 
              

              c/o ACE Convergence Acquisition Corp. 
              

              1013 Centre Road, Suite 403S, Wilmington, Delaware 19805 
            	​	​	​	​	3,916,500	​	​	​	​	​	5,651,250	​	​
	
              Behrooz Abdi﻿(1) 
              

              c/o ACE Convergence Acquisition Corp. 
              

              1013 Centre Road, Suite 403S, Wilmington, Delaware 19805 
            	​	​	​	​	0	​	​	​	​	​	—	​	​
	
              Sunny Siu 
              

              c/o ACE Convergence Acquisition Corp. 
              

              1013 Centre Road, Suite 403S, Wilmington, Delaware 19805 
            	​	​	​	​	1,678,500	​	​	​	​	​	948,750	​	​
	
              Kenneth Klein 
              

              c/o ACE Convergence Acquisition Corp. 
              

              1013 Centre Road, Suite 403S, Wilmington, Delaware 19805 
            	​	​	​	​	40,000	​	​	​	​	​	—	​	​
	
              Ryan Benton 
              

              c/o ACE Convergence Acquisition Corp. 
              

              1013 Centre Road, Suite 403S, Wilmington, Delaware 19805 
            	​	​	​	​	35,000	​	​	​	​	​	—	​	​
	
              Raquel Chmielewski 
              

              c/o ACE Convergence Acquisition Corp. 
              

              1013 Centre Road, Suite 403S, Wilmington, Delaware 19805 
            	​	​	​	​	35,000	​	​	​	​	​	—	​	​
	
              Omid Tahernia 
              

              c/o ACE Convergence Acquisition Corp. 
              

              1013 Centre Road, Suite 403S, Wilmington, Delaware 19805 
            	​	​	​	​	35,000	​	​	​	​	​	—	​	​
	
              Minyoung Park 
              

              c/o ACE Convergence Acquisition Corp. 
              

              1013 Centre Road, Suite 403S, Wilmington, Delaware 19805 
            	​	​	​	​	10,000	​	​	​	​	​	—	​	​

        
          ​

        

        
          (1)
          

        

        
          Mr. Abdi may be deemed to beneficially own securities held by ACE Convergence Acquisition LLC by virtue of his control over ACE Convergence Acquisition LLC. Mr. Abdi disclaims beneficial ownership of securities held by ACE Convergence Acquisition LLC except to the extent of his pecuniary interests therein. 
        

        ​

        
          [Schedule I to Sponsor Support Agreement] 
        

      

      
        
           
          

        

      

      

    

    
      ​

      
        
           
          

        

      

      
        
          Schedule II 
        

        
          Affiliate Agreements 
        

        
          1.
          

        

        
          Letter Agreement, dated July 27, 2020, among Acquiror, the Sponsor Holdco and each of the other parties thereto 
        

        ​

        
          2.
          

        

        
          Registration Rights Agreement, dated July 27, 2020, among Acquiror, the Sponsor Holdco and certain other security holders named therein 
        

        ​

        
          3.
          

        

        
          Administrative Services Agreement, dated July 27, 2020, between Acquiror and the Sponsor Holdco, which shall terminate at Closing without further liability, cost, payment or other obligation of Acquiror 
        

        ​

        
          4.
          

        

        
          Indemnity Agreement, dated July 27, 2020, between Acquiror and Behrooz Abdi 
        

        ​

        
          5.
          

        

        
          Indemnity Agreement, dated July 27, 2020, between Acquiror and Sunny Siu 
        

        ​

        
          6.
          

        

        
          Indemnity Agreement, dated July 27, 2020, between Acquiror and Denis Tse 
        

        ​

        
          7.
          

        

        
          Indemnity Agreement, dated July 27, 2020, between Acquiror and Kenneth Klein 
        

        ​

        
          8.
          

        

        
          Indemnity Agreement, dated July 27, 2020, between Acquiror and Omid Tahernia 
        

        ​

        
          9.
          

        

        
          Indemnity Agreement, dated July 27, 2020, between Acquiror and Ryan Benton 
        

        ​

        
          10.
          

        

        
          Indemnity Agreement, dated July 27, 2020, between Acquiror and Raquel Chmielewski 
        

        ​

        
          11.
          

        

        
          Indemnity Agreement, dated July 27, 2020, between Acquiror and Minyoung Park 
        

        ​

        
          [Schedule II to Sponsor Support Agreement]

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