Document:

EX-4.4

 Exhibit 4.4 

ASSUMPTION AGREEMENT dated as of [•] [•], 2021 among Babylon Holdings Limited, a company organized under the laws of the Bailiwick
of Jersey with registered number 115471 (“Parent”), Alkuri Global Acquisition Corp., a Delaware corporation (the “Company”), and Continental Stock Transfer & Trust Company, a New York corporation, with offices at One
State Street, 30th Floor, New York, New York 10004 (“Warrant Agent”). 
 W I T N E S S E T H: 

WHEREAS, the Company and the Warrant Agent are parties to a Warrant Agreement, dated as of February 4, 2021 (the “Warrant
Agreement”), pursuant to which Company issued warrants (the “Warrants”) to purchase its Class A common stock, par value $0.0001 per share (“Class A Common Stock”); 

WHEREAS, the Company entered into a Merger Agreement, dated as of June 3, 2021 (the “Merger Agreement”) by and among the
Company, Parent, Liberty USA Merger Sub, Inc., a Delaware corporation (“Merger Sub”), and solely for purposes of Section 1.08 of the Merger Agreement, each of Alkuri Sponsor LLC and Dr. Ali Parsadoust; 

WHEREAS, pursuant to the Merger Agreement and subject to the terms and conditions therein, the Company will merge with and into Merger Sub
(the “Merger”), with the Company surviving the Merger as a wholly owned subsidiary of Parent; 
 WHEREAS, pursuant to the
Merger Agreement and subject to the terms and conditions therein, at the effective time of the Merger, each share of Class A Common Stock of the Company issued and outstanding immediately prior to the effective time of the Merger will be
converted into the right to receive one Class A ordinary share, par value $0.0000422573245084686 per share, of Parent (“Parent Ordinary Shares”); 

WHEREAS, Section 4.5 of the Warrant Agreement provides that, in the case of any merger or consolidation of the Company with or into
another corporation (other than a consolidation or merger in which the Company is the continuing corporation and that does not result in any reclassification or reorganization of the outstanding Company Class A Common Stock) (a “Merger
Event”), the Warrant holders shall thereafter have the right to purchase and receive, upon the basis and upon the terms and conditions specified in the Warrants and in lieu of the Company Class A Common Stock immediately theretofore
purchasable and receivable upon the exercise of the rights represented thereby, the kind and amount of shares of stock or other securities receivable upon such merger or consolidation, that the Warrant holder would have received if such Warrant
holder had exercised his, her or its Warrant(s) immediately prior to such event; 
 WHEREAS, Section 6.1 of the Warrant Agreement
provides that, subject to the terms and conditions set forth therein and in the Warrant Agreement, outstanding Warrants may be redeemed, at the option of the Company, at the price of $0.01 per Warrant, provided that the last sale price of the
Company Class A Common Stock has been at least $18.00 per share (the “Redemption Threshold Price”) for the trading period specified therein; 

 WHEREAS, Parent desires to assume the obligations of the Company under the Warrant Agreement
and the Warrants; 
 NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which
is hereby acknowledged, the Company, Parent and the Warrant Agent mutually covenant and agree for the benefit of the holders of Warrants as follows: 

ARTICLE 1 
 DEFINITIONS 

Section 1.01. Definitions in this Assumption Agreement. A term defined in the Warrant Agreement has the same meaning when used in
this Assumption Agreement unless such term is otherwise defined herein or amended or supplemented pursuant to this Assumption Agreement. The words “herein,” “hereof,” “hereunder,” and words of similar import refer to
this Assumption Agreement as a whole and not to any particular Article, Section or other subdivision. 
 ARTICLE 2 

EFFECT OF MERGER EVENT ON WARRANT TERMS 

Section 2.01. Warrant Terms. In accordance with Section 4.5 of the Warrant Agreement, at the effective time of the Merger,
each Warrant that is outstanding as of the effective time of the Merger shall be exercisable, subject and pursuant to the terms of the Warrant Agreement, for 1.00 Parent Ordinary Shares at a Warrant Price of $11.50 per whole Parent Ordinary Share.

 ARTICLE 3 
 PARENT ASSUMPTION

 Section 3.01. Assumption. Parent hereby assumes the obligations of the Company under the Warrant Agreement and the Warrants.

 ARTICLE 4 
 MISCELLANEOUS 

Section 4.01. Governing Law. The validity, interpretation, and performance of this Assumption Agreement shall be governed in all
respects by the laws of the State of New York, without giving effect to conflicts of law principles that would result in the application of the substantive laws of another jurisdiction. 

Section 4.02. Counterparts. This Assumption Agreement may be executed in any number of counterparts, each of which shall be an
original, but such counterparts shall together constitute but one and the same instrument. The exchange of copies of this Assumption Agreement and of signature pages by facsimile or PDF transmission shall constitute effective execution and delivery
of this Assumption Agreement as to the parties hereto and signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes. 

[Signature Pages Follow] 

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

			
	ALKURI GLOBAL ACQUISITION CORP., as Company
		
	By:	 	                
	 Name:
	 	
	 Title:
	 	
	BABYLON HOLDINGS LIMITED, as Parent
		
	By:	 	 
	 Name:
	 	
	 Title:
	 	
	CONTINENTAL STOCK TRANSFER & TRUST COMPANY, as Warrant Agent
		
	By:	 	 
	 Name:
	 	
	 Title:
	 	

 [Signature Page to Assumption Agreement]EX-10.11

 Exhibit 10.11 

[TO BE UPDATED PER DIRECTOR OR OFFICER] 

DATED                      
      20                     

BABYLON HOLDINGS LIMITED 

AND 
 [NAME OF DIRECTOR]

  
  

DIRECTOR INDEMNIFICATION AGREEMENT 
  

 
  
  

 

  
 1 

 REF: JH/TF/J44759 

 

							
	 1
	 	INTERPRETATION	  	 	3	 
			
	 2
	 	INDEMNITY	  	 	4	 
			
	 3
	 	ADVANCE PAYMENTS	  	 	4	 
			
	 4
	 	LIMITATION OF INDEMNITY	  	 	5	 
			
	 5
	 	NOTIFICATION AND CONDUCT OF CLAIMS	  	 	5	 
			
	 6
	 	OTHER RIGHTS OF INDEMNITY OR RECOVERY	  	 	6	 
			
	 7
	 	SEVERABILITY	  	 	6	 
			
	 8
	 	ASSIGNMENT	  	 	7	 
			
	 9
	 	NOTICES	  	 	7	 
			
	 10
	 	ENTIRE AGREEMENT	  	 	7	 
			
	 11
	 	VARIATION	  	 	7	 
			
	 12
	 	COUNTERPART EXECUTION	  	 	7	 
			
	 13
	 	GOVERNING LAW AND JURISDICTION	  	 	7	 

  
 2 

			
	THIS AGREEMENT is made on	  	20

 PARTIES 
  

	(1)	 BABYLON HOLDINGS LIMITED, a company incorporated under the laws of Jersey having its registered office
at [TBC] (the “Company”); and  

  

	(2)	 [DIRECTOR NAME] of [ ] (the “Director”). 

WHEREAS 
  

	(A)	 It is essential to the success of the Company that it be able to retain and attract as directors the most
capable persons available. 

  

	(B)	 The Director has agreed to act as a director of the Company. 

 

	(C)	 The Articles and the Companies Law (each defined below) permit, subject to certain limitations, the Company to
indemnify its directors and to make other indemnification arrangements and agreements. 

  

	(D)	 In consideration for accepting their appointment and continuing to act as a director of the Company, the
Director has requested that they be provided with an indemnity in respect of claims and actions which may be brought against them in respect of their position and functions as a director of the Company. 

 

	(E)	 The Company has agreed to indemnify the Director in respect of such position and functions in accordance with
the terms of this Agreement. 

  

	1	 INTERPRETATION 

In this Agreement, unless the context otherwise requires: 

“applicable law” includes, without limitation, the Companies Law; 

“Articles” means the articles of association of the Company as amended, modified, supplemented and/or restated from time to
time; 
 “Associated Company” means any body corporate which from time to time is a subsidiary of the Company or a
holding company of the Company or a subsidiary of such holding company; 
 “Business Day” means any day other than a
Saturday or a Sunday, or any day on which banks are generally open for business in both Jersey and the United Kingdom; 

“Claim” has the meaning given to that expression in clause 2.1. 

“Companies Law” means the Companies (Jersey) Law 1991, as amended from time to time; 

“Director” shall include their heirs, personal representatives and estate; “holding company”
and “subsidiary” have the meanings given to those terms in Articles 2 and 2A of the Law; and 
 references to a
“clause” are to clauses of this Agreement. 

  
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	2	 INDEMNITY 

  

	2.1	 Subject to the provisions of clause 3, in consideration of the Director accepting their appointment and
continuing to act as, and perform the functions of, a director of the Company, the Company hereby covenants and undertakes, to the fullest extent permitted by applicable law and without prejudice to any other indemnity to which the Director may
otherwise be entitled, to indemnify and keep indemnified and hold harmless the Director against all actions, claims, proceedings, costs, demands, losses, damages and other liabilities of any kind, whether instigated, imposed or incurred under the
laws or regulations of Jersey or of any other jurisdiction and whether civil, criminal or regulatory, arising out of or in connection with: 

  

	 	(a)	 their appointment as a director of the Company; 

 

	 	(b)	 the actual or purported exercise, or failure to exercise, of any of the Director’s powers, duties or
responsibilities as a director or officer of the Company or of any Associated Company (whether before or after the date of this Agreement), including any actual or alleged negligence, default, breach of duty or breach of trust by the Director in
relation to the affairs of the Company or of any Associated Company; 

  

	 	(c)	 any damages, compensation, penalties, awards or other amounts of a monetary nature payable by the Director in
connection with any of the matters referred to in (a) and/or (b) above, whether pursuant to any order or decision of any court, tribunal, regulatory authority or other body exercising judicial, governmental or regulatory authority over the
Director or pursuant to any settlement of the same to which the Company consents; and 

  

	 	(d)	 an amount equal to any direct costs incurred by the Director in complying with any aspect of any order or
decision of any court, tribunal, regulatory authority or other body exercising judicial, governmental or regulatory authority over the Director, in each case, in connection with any of the matters referred to in (a) and/or (b) above, or
any settlement of the same to which the Company consents, 

 including without limitation all costs, legal expenses,
losses, damages or other liabilities reasonably incurred in defending any of the matters referred to in (a) to (d) above (collectively, a “Claim”). 
  

	2.2	 The Director shall continue to be indemnified under clause 2.1 above until such time as any relevant limitation
periods (whether under Jersey law or otherwise) for bringing Claims against the Director have expired, or for so long as the Director remains liable for any Claims, notwithstanding that the Director may have ceased to be a director of the Company.

  

	2.3	 Payment in respect of any Claim shall be made by the Company to the Director on a demand being made by the
Director (or, if later, three Business Days before the due date for payment of the relevant liability) subject to the provision of evidence satisfactory to the Company as to the amount and date for payment of the relevant liabilities. Such payment
shall be made without any set-off or counterclaim and free from any deduction or withholding except as required by this Agreement or by applicable law. 

 

	3	 ADVANCE PAYMENTS 

 

	3.1	 Subject to the provisions of clause 4, at the request of the Director, the Company shall make advance payments
(on such terms, including interest, as the Company may determine) to the Director to meet Claims incurred or to be incurred by the Director or such Claims expected to arise, including for the avoidance of doubt, any costs or expenses to be incurred
in dealing with any such Claims, provided that the Director provides the Company with an undertaking that within 14 days of receiving a written request from the Company, the Director shall repay to the Company all amounts received by, or advanced
to, the Director under this Agreement: 

  
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	 	(a)	 to the extent paid or advanced in contravention of law; 

 

	 	(b)	 to the extent that amounts paid to the Director in respect of such Claims are subsequently found not to be
payable by the Director in respect of such Claims; or 

  

	 	(c)	 to the extent that amounts paid to the Director in respect of such Claims are subsequently recovered or
compensated for, including by virtue of any relevant directors’ and officers’ liability insurance maintained by the Company. 

  

	3.2	 The Company shall use all reasonable endeavours to provide and maintain appropriate directors’ and
officers’ liability insurance (including ensuring that premiums are properly paid) for the benefit of the Director for so long as any Claims may lawfully be brought against the Director. 

 

	4	 LIMITATION OF INDEMNITY 

 

	4.1	 Notwithstanding any other provision of this Agreement, the Director shall not be indemnified under this
Agreement to the extent that such indemnification is inconsistent with the Articles, prohibited by applicable law or would cause this Agreement or any part of it to be treated as void or unenforceable for any reason whatsoever.

  

	4.2	 To the extent that any change of applicable law permits the broader indemnification of the Director with
respect to a Claim than is provided under the Articles or this Agreement, the Director shall be entitled to such broader indemnification and this Agreement shall be deemed to be amended to such extent. 

 

	5	 NOTIFICATION AND CONDUCT OF CLAIMS 

 

	5.1	 If the Director becomes aware of any matter which might reasonably be expected to give rise to a Claim, the
Director shall: 

  

	 	(a)	 as soon as reasonably practicable, give written notice to the Company of the matter (stating in reasonable
detail the nature of the matter) and consult with the Company with respect to the matter. If the matter has become the subject of any legal proceedings they shall deliver the notice within sufficient time to enable the Company to contest the
proceedings before any final judgment; 

  

	 	(b)	 keep the Company informed of any developments in relation to such circumstances (including by promptly
providing the Company with such information and copies of such documents as the Company may reasonably request) and consult the Company regarding the conduct of any Claim arising in connection with such circumstances; 

 

	 	(c)	 take all reasonable action to mitigate any Claim; 

 

	 	(d)	 at the Company’s sole expense and subject to a full indemnity from the Company in respect thereof in such
terms as they may reasonably require: 

  

	 	(i)	 take such action and institute such proceedings and give such information and assistance as the Company may
reasonably require to enable the Company to dispute, resist, appeal, compromise, defend, remedy or mitigate the matter or enforce against any person the rights of the Director in relation to the matter; and 

  
 5 

	 	(ii)	 in connection with any proceedings related to the matter, use professional advisers nominated by the Company
and, if the Company so requests, allow the Company, the applicable Associated Companies or its or their insurers to take over conduct and defence of the proceedings keeping them advised of progress and copied in material communications and issues;
provided in each case that the Company shall not settle or compromise a matter that would materially adversely affect the reputation of the Director without first consulting with the Director; and 

 

	 	(e)	 not make any admission of liability or reach any agreement, settlement or compromise with any person in
relation to any such circumstances without the prior written consent of the Company, such consent not to be unreasonably withheld or delayed. 

  

	5.2	 For the purposes of clause 5.1 above, a matter which might reasonably be expected to give rise to a Claim
shall, without limitation, include the Director being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to, or the Director becoming aware of any circumstances which may lead to, any Claim
which might result in the payment of any sum to the Director pursuant to this Agreement. 

  

	5.3	 In making a determination with respect to entitlement to indemnification hereunder, the person or persons or
entity making such determination shall, to the fullest extent not prohibited by law, presume that the Director is entitled to indemnification under this Agreement if the Director has submitted a notice to the Company in accordance with clause 5.1 of
this Agreement, and the Company shall, to the fullest extent not prohibited by law, 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.  

  

	5.4	 Notwithstanding the foregoing provisions of this clause 5, no failure on the part of the Director to give
notice to the Company shall disqualify the Director from the right to receive any sum from the Company pursuant to this Agreement unless and only to the extent that such failure or delay materially adversely affects the Company.

  

	6	 OTHER RIGHTS OF INDEMNITY OR RECOVERY 

 

	6.1	 To the extent that the matter is one in respect of which the Director has a right to make recovery or is
entitled to claim an indemnity from any person other than the Company (except under any insurance policy maintained for the benefit of the Director by the Director or any firm of which the Director is a party), whether under any provision of
applicable law or otherwise, they shall pursue such right of recovery or indemnity if requested to do so by the Company but at the Company’s sole expense and subject to an indemnity from the Company to the Director in respect of such pursuit in
such terms as the Director may reasonably require. 

  

	6.2	 In the event that a payment is made to the Director under this Agreement in respect of a Claim, the Company
shall be entitled to recover from the Director an amount equal to any payment received by the Director under any policy of insurance or from any other third party source to the extent that such payment relates to the Claim or, if the payment
received by the Director is greater than the payment made under this Agreement, a sum equal to the payment made under this Agreement. The Director shall pay over such sum promptly on the Company’s request. 

 

	7	 SEVERABILITY 

To the fullest extent possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under
applicable law. Notwithstanding the foregoing, if any provision of this Agreement, or any clause hereof, is determined by a court of competent jurisdiction to be illegal, invalid or unenforceable, in whole or in part, such provision or clause shall
be limited or modified in its application to the minimum extent necessary to make such provision or clause valid, legal and enforceable, and the remaining provisions and clauses of this Agreement shall remain fully enforceable and binding on the
parties. 

  
 6 

	8	 ASSIGNMENT 

  

	8.1	 The Company may at any time assign all or any of the Company’s rights and benefits hereunder.

  

	8.2	 The Director shall not be entitled to assign or transfer all or any of the Director’s rights, benefits and
obligations hereunder without the prior or simultaneous written consent of the Company 

  

	9	 NOTICES 

  

	9.1	 Any notice, approval, request, demand or other communication (“Notice”) to be given for the
purpose of this Agreement must be in writing in the English language and delivered by hand or special delivery mail (airmail if overseas) or facsimile addressed to the recipient at its address as set out at the head of this Agreement or to such
other address or to such facsimile number, email address or person which the recipient has notified to the sender in accordance with this clause 9.1 and which has been received by the sender no fewer than seven days prior to the Notice being
dispatched. 

  

	9.2	 A Notice will, if addressed correctly in accordance with clause 9.1, be deemed to have been served:

  

	 	(a)	 if served personally or delivered by hand at the time of delivery; 

 

	 	(b)	 if delivered by special delivery mail two days after the date of posting or if sent by airmail five days after
the date of posting (excluding days which are not Business Days); 

  

	 	(c)	 if delivered by facsimile at the time the facsimile has been completely transmitted and a transmission report
produced by the machine from which the facsimile was sent; and 

  

	 	(d)	 if delivered by email at the time of sending according to the sender’s electronic records.

  

	10	 ENTIRE AGREEMENT 

This Agreement sets forth the entire agreement between the parties in respect of the subject matter of this Agreement. 

 

	11	 VARIATION 

No variation of this Agreement shall be effective unless signed for or on behalf of both the parties hereto 

 

	12	 COUNTERPART EXECUTION 

This Agreement may be executed in any number of counterparts and by both the parties hereto on separate counterparts each of which when
executed and delivered shall constitute an original but all such counterparts shall together constitute one and the same instrument. 
  

	13	 GOVERNING LAW AND JURISDICTION 

This Agreement shall be governed by and construed in accordance with the laws of England and Wales, and the parties hereto hereby submit to the
exclusive jurisdiction of the courts of England and Wales. 

  
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 IN WITNESS whereof this Agreement has been entered into by the parties on the day and year first
above written. 
  

					
	SIGNED for and on behalf of	  	)	  	
	BABYLON HOLDINGS LIMITED	  	)	  	
		  	)	  	
		  	)	  	  

		  	)	  	
		  	)	  	Name:
		  	)	  	
		  	)	  	Title:
			
	SIGNED by [DIRECTOR NAME]:	  	)	  	
		  	)	  	
		  	)	  	
		  	)	  	
		  	)	  	
		  	)	  	
		  	)	  	

  
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