Document:

Exhibit 10.5

 

EXECUTION VERSION

 

January 14, 2019

 

Churchill Capital Corp

640 Fifth Avenue, 12th Floor

New York, NY 10019

(212) 380-7500

 

Camelot Holdings (Jersey) Limited

Friars House

160 Blackfriars Road

London SE1 8EZ United Kingdom

 

Clarivate Analytics Plc

Friars House

160 Blackfriars Road

London SE1 8EZ United Kingdom

 

		Re:	Sponsor Agreement

 

Ladies and Gentlemen:

 

This letter (this “Sponsor
Agreement”) is being delivered to you in connection with that certain Agreement and Plan of Merger, dated as of the date
hereof, by and among Churchill Capital Corp, a Delaware corporation (“Acquiror”), Clarivate Analytics Plc, a
public limited company organized under the laws of the Island of Jersey (“Holdings”), Camelot Holdings (Jersey)
Limited, a private limited company organized under the laws of the Island of Jersey (the “Company”), and the
other parties thereto (the “Merger Agreement”) and hereby amends and restates in its entirety that certain letter,
dated September 6, 2018, from Churchill Sponsor LLC (the “Sponsor”) and each of the undersigned individuals
(each, a “Founder” and collectively, the “Founders”) to Acquiror (the “Prior Letter
Agreement”). Certain capitalized terms used herein are defined in paragraph 11 hereof. Capitalized terms used but not
otherwise defined herein shall have the respective meanings ascribed to such terms in the Merger Agreement.

 

It is acknowledged
and agreed that (i) the Sponsor is currently the record owner of certain Founder Shares and Private Placement Warrants in which
the Founders and Garden State Capital Partners LLC, a Delaware limited liability company (“Garden State”), have
an economic interest as set forth on Annex A attached hereto and (ii) except for purposes of paragraph 25 below, the Sponsor
is entering into this Agreement in its capacity as such record owner, the obligations it takes on herein being the obligations
of the Founders and Garden State to the extent of their respective obligations hereunder. It is further acknowledged and agreed
that 200,000 Founder Shares held of record by Sponsor are held for the benefit of an entity that is not party to, and whose Founder
Shares are not subject to, this Agreement.

 

     

     

    

 

In order to induce
the Company, Holdings and Acquiror to enter into the Merger Agreement and for other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the Sponsor, each of the Founders and, solely for purposes of paragraphs 1, 3,
6(b), 7 and 11-25, Garden State hereby agrees with Acquiror and, at all times prior to any valid termination of the Merger Agreement,
the Company and Holdings as follows:

 

1.             The
Sponsor, Garden State and each Founder agrees that if Acquiror seeks stockholder approval of a proposed Business Combination (including,
without limitation, the Jersey Merger), then in connection with such proposed Business Combination, it, he or she shall (i) vote
any shares of Capital Stock owned by it, him or her in favor of any proposed Business Combination and (ii) not redeem any shares
of Common Stock owned by it, him or her in connection with such stockholder approval or proposed Business Combination. Prior to
any valid termination of the Merger Agreement, (a) the Sponsor, Garden State and each Founder shall take, or cause to be taken,
all actions and to do, or cause to be done, all things reasonably necessary under applicable Laws to consummate the Jersey Merger
and the other transactions contemplated by the Merger Agreement on the terms and subject to the conditions set forth therein, and
(b) the Sponsor, Garden State and each Founder shall be bound by and comply with Sections 10.03(b) and 10.05(b) of the Merger Agreement
(and any relevant definitions contained in any such Sections) as if such Person were an original signatory to the Merger Agreement
with respect to such provisions.

 

2.             The
Sponsor and each Founder hereby agrees that in the event that Acquiror fails to consummate a Business Combination by September
6, 2020, or such later period approved by Acquiror’s stockholders in accordance with Acquiror’s amended and restated
certificate of incorporation (the “Charter”), the Sponsor and each Founder shall take all reasonable steps to
cause Acquiror to (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not
more than 10 business days thereafter, subject to lawfully available funds therefor, redeem 100% of Acquiror’s Class A common
stock, par value $0.0001 per share (the “Common Stock”), sold as part of the Units in the Public Offering (the
“Offering Shares”), at a per-share price, payable in cash, equal to the aggregate amount then on deposit in
the Trust Account (net of amounts withdrawn to pay Acquiror’s taxes and less up to $100,000 of interest to pay dissolution
expenses), including interest, divided by the number of then outstanding Offering Shares, which redemption will completely extinguish
all Public Stockholders’ rights as stockholders (including the right to receive further liquidating distributions, if any),
subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of Acquiror’s
remaining stockholders and Acquiror’s board of directors, dissolve and liquidate, subject in each case to Acquiror’s
obligations under Delaware law to provide for claims of creditors and other requirements of applicable law. The Sponsor and each
Founder agrees to not propose any amendment to the Charter that would modify the substance or timing of Acquiror’s obligation
to redeem 100% of the Offering Shares if Acquiror does not complete a Business Combination by September 6, 2020, unless Acquiror
provides its Public Stockholders with the opportunity to redeem their Offering Shares upon approval of any such amendment at a
per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account (net of amounts withdrawn
to pay Acquiror’s taxes and less up to $100,000 of interest to pay dissolution expenses), including interest, divided by
the number of then outstanding Offering Shares.

 

    	 	2	 

     

    

 

The Sponsor and each
Founder acknowledges that it, he or she has no right, title, interest or claim of any kind in or to any monies held in the Trust
Account or any other asset of Acquiror as a result of any liquidation of Acquiror with respect to the Founder Shares held by it,
him or her. The Sponsor and each Founder hereby further waive, with respect to any shares of Common Stock held by it, him or her,
if any, any redemption rights it, he or she may have in connection with the consummation of a Business Combination, including,
without limitation, any such rights available in the context of a stockholder vote to approve such Business Combination or in the
context of a tender offer made by Acquiror to purchase shares of Common Stock (although the Sponsor, the Founders and their respective
Affiliates shall be entitled to redemption and liquidation rights with respect to any Offering Shares it or they hold if Acquiror
fails to consummate a Business Combination by September 6, 2020 or in connection with a stockholder vote to approve an amendment
to the Charter to modify the substance or timing of Acquiror’s obligation to redeem 100% of the Offering Shares if Acquiror
does not complete a Business Combination by September 6, 2020).

 

3.             Without
limiting their obligations under paragraph 7 below, during the period commencing on the date hereof and ending on the later of
(x) the date of any valid termination of the Merger Agreement or the consummation of the Closing and (y) March 5, 2019, the Sponsor,
Garden State and each Founder shall not, without the prior written consent of Holdings and the Company (in the case clause (x)
applies) or Citigroup Global Markets Inc. (the “Underwriter”) (in the case clause (y) applies), (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, 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 U.S. Securities and Exchange Commission (the “Commission”) promulgated thereunder,
with respect to any Units, shares of Capital Stock, Warrants or any securities convertible into, or exercisable, or exchangeable
for, shares of Capital Stock owned by it, him or her, (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 Units, shares of Capital Stock, Warrants or any securities
convertible into, or exercisable, or exchangeable for, shares of Capital Stock owned by it, him or her, 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 Sponsor, Garden State and each of the Founders acknowledges and agrees that, prior to the
effective date of any release or waiver of the restrictions set forth in this paragraph 3 or paragraph 7 with respect to Founders
(other than the Sponsor and Garden State), Acquiror or Holdings (as applicable) shall announce the impending release or waiver
by press release through a major news service at least two business days before the effective date of the release or waiver. Any
such release or waiver granted shall only be effective two business days after the publication date of such press release. The
provisions of the immediately preceding two sentences will not apply if (A) the release or waiver is effected solely to permit
a transfer of securities without consideration and (B) the transferee has agreed in writing to be bound by the same terms described
in this Sponsor Agreement to the extent and for the duration that such terms remain in effect at the time of the transfer. In the
event that (a) any shares of Capital Stock, Warrants or other equity securities of Acquiror are issued to the Sponsor, Garden State
or any Founder after the date hereof pursuant to any stock dividend, stock split, recapitalization, reclassification, combination
or exchange of shares of Capital Stock of, on or affecting the shares of Capital Stock owned by the Sponsor, Garden State or any
Founder or otherwise, (b) the Sponsor, Garden State or any Founder purchases or otherwise acquires beneficial ownership of any
shares of Capital Stock or other equity securities of Acquiror after the date hereof or (c) the Sponsor, Garden State or any Founder
acquires the right to vote or share in the voting of any shares of Capital Stock or other equity securities of Acquiror after the
date hereof (such shares of Capital Stock or other equity securities of Acquiror described in clauses (a), (b) and (c), collectively
with the Purchased Shares, the “New Shares”), then such New Shares acquired or purchased by the Sponsor, Garden
State or any Founder shall be subject to the terms of this paragraph 3 and paragraph 1 above to the same extent as if they constituted
the Founder Shares or Private Placement Warrants owned by the Sponsor, Garden State and the Founders as of the date hereof.

 

    	 	3	 

     

    

 

4.             In
the event of the liquidation of the Trust Account, the Sponsor (which for purposes of clarification shall not extend to any other
shareholders, members or managers of the Sponsor) agrees to indemnify and hold harmless Acquiror against any and all loss, liability,
claim, damage and expense whatsoever (including, but not limited to, any and all legal or other expenses reasonably incurred in
investigating, preparing or defending against any litigation, whether pending or threatened, or any claim whatsoever) to which
Acquiror may become subject as a result of any claim by (i) any third party (other than Acquiror’s independent accountants)
for services rendered or products sold to Acquiror or (ii) any prospective target business with which Acquiror has entered into
a letter of intent, confidentiality or other similar agreement for a Business Combination (a “Target”); provided,
however, that such indemnification of Acquiror by the Sponsor (x) shall apply only to the extent necessary to ensure that
such claims by a third party (other than Acquiror’s independent public accountants) or a Target do not reduce the amount
of funds in the Trust Account to below the lesser of (A) $10.00 per Offering Share or (B) the actual amount per Offering Share
held in the Trust Account as of the date of the liquidation of the Trust Account, if less than $10.00 per Offering Share is then
held in the Trust Account due to reductions in the value of the trust assets less interest earned on the Trust Account which may
be withdrawn to pay taxes, (y) shall not apply to any claims by a third party (including a Target) that executed a waiver of any
and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable) and (z) shall not apply to any
claims under Acquiror’s indemnity of the Underwriter against certain liabilities, including liabilities under the Securities
Act of 1933, as amended. In the event that any such executed waiver is deemed to be unenforceable against such third party, the
Sponsor shall not be responsible to the extent of any liability for such third-party claims. The Sponsor shall have the right to
defend against any such claim with counsel of its choice reasonably satisfactory to Acquiror if, within 15 days following written
receipt of notice of the claim to the Sponsor, the Sponsor notifies Acquiror in writing that it shall undertake such defense. For
the avoidance of doubt, none of Acquiror’s officers or directors will indemnify Acquiror for claims by third parties, including,
without limitation, claims by vendors and prospective target businesses.

 

    	 	4	 

     

    

 

5.             (a)       As a material
inducement to, and as a condition to, Holdings and the Company entering into the Merger Agreement, immediately prior to the Closing,
(i) Jerre Stead agrees to purchase (either personally or through his designee JMJS Group – II, LP, in which case JMJS Group
– II, LP shall execute a joinder to this Sponsor Agreement in form and substance reasonably acceptable to Holdings pursuant
to which JMJS Group – II, LP shall become a Founder hereunder), and Acquiror agrees to issue to Jerre Stead (or such designee),
1,000,000 newly-issued Founder Shares at a price equal to $10.00 per share ($10,000,000 in aggregate) payable in cash (by wire
transfer of immediately available funds to an Acquiror bank account specified by Acquiror to Jerre Stead), and (ii) Michael Klein
agrees to purchase, and Acquiror agrees to issue to Michael Klein, 500,000 newly-issued Founder Shares from Acquiror at a price
equal to $10.00 per share ($5,000,000 in the aggregate) payable in cash (by wire transfer of immediately available funds to an
Acquiror bank account specified by Acquiror to Michael Klein) (the newly-issued Founder Shares referred to in clauses (i) and (ii),
together, the “Purchased Shares”). Each of Jerre Stead and Michael Klein hereby represents and warrants (severally
and not jointly as to himself (or, in Jerre Stead’s case, his designee) only) to Acquiror that: (A) he is acquiring such
Purchased Shares for his own account as principal, for investment purposes only, not for any other Person and not for the purposes
of resale or distribution; (B) he is an “accredited investor” as such term is defined in Regulation D promulgated under
the Securities Act; (C) he has not received (and is not relying upon) any representations or warranties from Acquiror, Holdings
or the Company or any other person acting on behalf of any such Person or any of its Affiliates; (D) he understands and acknowledges
that such Purchased Shares have not been and will not be registered (except as provided in the Registration Rights Agreement (as
defined in the Merger Agreement)) under the Securities Act, or the securities laws of any state, and, unless such Founder Shares
are so registered, they may not be offered, sold, transferred or otherwise disposed of except pursuant to an exemption from, or
in a transaction not subject to, the registration requirements of the Securities Act and any applicable securities laws of any
state or foreign jurisdiction; and (E) he agrees that such Purchased Shares shall be treated as New Shares, Founder Shares and,
following the Delaware Merger Effective Time, Holdings Shares, as applicable, under this Sponsor Agreement.

 

(b)       After
the Closing, provided that on or before the sixth anniversary of the Closing Date, a $20.00 Stock Price Level (as defined below)
is achieved, Holdings shall allot and issue to such Persons as are designated pursuant to this paragraph 5(b) up to 5,000,000 newly-issued
ordinary shares of Holdings (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like, the
“Sweetener Shares”), which Sweetener Shares shall be issued for no additional consideration and in accordance
with all applicable Laws on the first date on which the $20.00 Stock Price Level is achieved and such Sweetener Shares shall be
issued, credited as fully paid-up. The Sweetener Shares shall be issued to Persons and in amounts designated in a written notice
to Holdings given after the date hereof by Jerre Stead and Michael Klein (or, in the event of the death or incapacity of either,
by his respective successor to such designation right, the identity of whom shall have been notified to Holdings in writing by
the other).  This paragraph 5(b) shall automatically terminate upon the earlier to occur of (i) the day after the sixth anniversary
of the Closing Date to the extent the Stock Price Level set forth in this paragraph is not achieved on or prior to such date and
(ii) the consummation of a Company Sale in which the per share price paid or implied in such Company Sale is less than $20.00.

 

6.             (a)        Jerre
Stead and Sheryl von Blucher hereby agree not to participate in the formation of, or become an officer or director of, any other
special purpose acquisition company with a class of securities registered under the Exchange Act until the earliest of (i) the
date on which Jerre Stead is no longer a director of Holdings, (ii) if the Merger Agreement is terminated in accordance with its
terms, Acquiror has entered into a definitive agreement regarding a Business Combination (other than the Merger Agreement) or (iii)
if the Merger Agreement is terminated in accordance with its terms, Acquiror has failed to complete a Business Combination within
the time period set forth in the Charter.

 

    	 	5	 

     

    

 

(b)       The
Sponsor, Garden State and each Founder hereby agrees and acknowledges that: (i) the Underwriter, Acquiror and, prior to any valid
termination of the Merger Agreement, Holdings and the Company would be irreparably injured in the event of a breach by such Sponsor,
Garden State or a Founder of its, his or her obligations under paragraphs 1, 2, 3, 4, 5, 6(a), 7, and 9, as applicable, of this
Sponsor Agreement (with respect to the Underwriter, only such provisions as were contained in the Prior Letter Agreement), (ii)
monetary damages may not be an adequate remedy for such breach and (iii) the non-breaching party shall be entitled to injunctive
relief, in addition to any other remedy that such party may have in law or in equity, in the event of such breach.

 

7.             (a)        In the
event that (i) the Closing does not occur for any reason (including, without limitation, as a result of the valid termination of
the Merger Agreement), the Sponsor and each Founder agrees that it, he or she shall not Transfer any Founder Shares (or shares
of Common Stock issuable upon conversion thereof) until the earlier of (A) one year after the completion of Acquiror’s initial
Business Combination or (B) subsequent to the Business Combination, (x) if the last sale price of the Common Stock equals or exceeds
$12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading
days within any 30-trading day period commencing at least 150 days after Acquiror’s initial Business Combination or (y) the
date on which Acquiror completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that
results in all of Acquiror’s stockholders having the right to exchange their shares of Common Stock for cash, securities
or other property, and (ii) the Closing does occur, the Sponsor, Garden State and each Founder agrees that it, he or she shall
not Transfer (A) any Holdings Shares (other than any Sweetener Shares) or Holdings Warrants owned by such Person as of the Closing
Date (after giving effect to the consummation of the Transactions) or (B) any Holdings Shares issued or issuable upon the exercise
of such Holdings Warrants (clauses (A) and (B), collectively, the “Locked-Up Holdings Securities”) until the
third anniversary of the Closing Date; provided, however, that at any time, and from time to time, subsequent to
the second anniversary of the Closing Date, the obligations set forth in this paragraph 7 shall terminate with respect to a percentage
of each such Person’s Locked-Up Holdings Securities not to exceed one-half of the percentage derived by dividing (x) the
total number of ordinary shares of Holdings held in the aggregate by Affiliates of Onex Partners Advisor LP, a Delaware limited
partnership (“Onex”), and/or by Affiliates of Baring Private Equity Asia Group Limited, a Cayman Islands exempted
company (“Baring”), as of immediately following the Closing that are sold by such Affiliates prior to such time,
by (y) the total number of ordinary shares of Holdings held by such Affiliates as of immediately following the Closing (the period
described in clause (i) or (ii), as applicable the “Founder Shares Lock-up Period”).

 

(b)       In
the event that the Closing does not occur for any reason (including, without limitation, as a result of the valid termination of
the Merger Agreement), the Sponsor and each Founder agrees that it, he or she shall not Transfer any Private Placement Warrants
(or shares of Common Stock issued or issuable upon the exercise of the Private Placement Warrants) until 30 days after the completion
of a Business Combination (the “Private Placement Warrants Lock-up Period” and, together with the Founder Shares
Lock-up Period, the “Lock-up Periods”).

 

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(c)       Notwithstanding
the provisions set forth in paragraphs 3 and 7(a) and (b), (i) in the event that the Closing does not occur for any reason (including,
without limitation, as a result of the valid termination of the Merger Agreement), Transfers of the Founder Shares, Private Placement
Warrants and shares of Common Stock issued or issuable upon the exercise or conversion of the Private Placement Warrants or the
Founder Shares that are held by the Sponsor, any Founder or any of their permitted transferees (that have complied with this paragraph
7(c)), are permitted (A) to Acquiror’s officers or directors, any affiliates or family members of any of Acquiror’s
officers or directors, any members of the Sponsor, or any affiliates of the Sponsor; (B) in the case of an individual, transfers
by gift to a member of the individual’s immediate family, to a trust, the beneficiary of which is a member of the individual’s
immediate family or an affiliate of such person, or to a charitable organization; (C) in the case of an individual, transfers by
virtue of laws of descent and distribution upon death of the individual; (D) in the case of an individual, transfers pursuant to
a qualified domestic relations order; (E) transfers by private sales or transfers made in connection with the consummation of a
Business Combination at prices no greater than the price at which the securities were originally purchased; (F) transfers in the
event of Acquiror’s liquidation prior to the completion of an initial Business Combination; (G) transfers by virtue of the
laws of the State of Delaware or the Sponsor’s limited liability company agreement upon dissolution of the Sponsor; and (H)
to a nominee or custodian of a person or entity to whom a disposition or transfer would be permissible under clauses (A) through
(G) above; provided, however, that in the case of clauses (A) through (E) and clause (H), these permitted transferees
must enter into a written agreement with Acquiror agreeing to be bound by the transfer restrictions herein; and (ii) during the
period commencing on the date hereof and ending on the earlier of (x) the expiration of the Lock-up Periods and (y) the date of
any valid termination of the Merger Agreement, Transfers of the Founder Shares, Private Placement Warrants, shares of Common Stock
issued or issuable upon the exercise or conversion of the Private Placement Warrants or the Founder Shares, the Holdings Shares
and the Holdings Warrants that are held by the Sponsor, Garden State, any Founder or any of their permitted transferees (that have
complied with this paragraph 7(c)), are permitted (A) in the case of an individual, transfers by gift to a member of the individual’s
immediate family, to a trust, the beneficiary of which is a member of the individual’s immediate family (provided that, in
each case, the transferor retains sole voting and dispositive control over the Transferred securities), or to a charitable trust
(provided that the transferor or his or her spouse retains sole voting and dispositive control over the Transferred securities);
(B) in the case of an individual, transfers by virtue of laws of descent and distribution upon death of such individual; (C) in
the case of an individual, transfers to such individual’s spouse pursuant to a qualified domestic relations order; (D) in
the case of the Sponsor or any Founder, transfers to any other Founder with the prior written consent of Onex, not to be unreasonably
withheld or delayed; and (E) transfers by Sponsor to its members pursuant to its limited liability company agreement and in accordance
with paragraph 25; provided, that to the extent such members have obligations pursuant to this Agreement, such members shall
confirm in writing to Holdings that the securities so distributed to them will continue to be subject to such obligations; provided,
further, that any other permitted transferees must enter into a written agreement with Acquiror or Holdings (as applicable)
agreeing to be bound by the transfer restrictions herein.

 

(d)       Vesting
Provisions. Each of the Founders and the Sponsor (and, for purposes of clause (ii) of this sentence, Garden State) agrees that,
as of the Closing, all of (i) the Holdings Shares (other than the Holdings Shares received in respect of the Purchased Shares)
as identified on Annex A as being subject to the vesting provisions of this paragraph 7(d) and (ii) the Holdings Warrants
as identified on Annex A as being subject to the vesting of this paragraph 7(d), in each case, as of the Closing shall be
unvested and shall be subject to the vesting and forfeiture provisions set forth in this paragraph 7(d). The Founders, the Sponsor
and Garden State agree that they shall not (and will cause their Affiliates not to) Transfer any unvested Holdings Shares or any
unvested Holdings Warrants prior to the later of (x) the expiration of the Founder Shares Lock-up Period and (y) the date such
Holdings Shares or Holdings Warrants become vested pursuant to this paragraph 7(d). Notwithstanding anything to the contrary in
this Sponsor Agreement, solely for purposes of this paragraph 7(d), the defined term “Founders” shall not include Martin
Broughton, Karen G. Mills, Mills Family I, LLC, K&BM LP, Balakrishnan S. Iyer or The Iyer Family Trust dated 1/25/2001 (or
their respective Affiliates).

 

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		1.	Vesting of Holdings Shares.

 

		I.	Time Vesting Shares. 50% of the unvested Holdings
Shares Beneficially Owned by each Founder (or Affiliate thereof) as of the Closing shall vest in three equal annual installments,
with the first installment vesting on the first anniversary of the Closing Date.

 

		II	Performance Vesting Shares.

 

		A.	25% of the unvested Holdings Shares Beneficially Owned by each Founder (or Affiliate thereof) as
of the Closing shall vest at such time as a $15.25 Stock Price Level is achieved on or before the date that is 42 months after
the Closing Date; provided, however, that none of such Holdings Shares shall vest prior to the first anniversary
of the Closing Date, not more than 1/3 of such Holdings Shares shall vest prior to the second anniversary of the Closing Date and
not more than 2/3 of such Holdings Shares shall vest prior to the third anniversary of the Closing Date. If a $15.25 Stock Price
Level is not achieved on or before the date that is 42 months after the Closing Date, then the Holdings Shares that are eligible
to vest pursuant to this paragraph 7(d)(1)(II)(A) shall vest at such time as a $17.50 Stock Price Level is achieved on or before
the fifth anniversary of the Closing Date. For the avoidance of doubt, if a $17.50 Stock Price Level is not achieved on or prior
to the fifth anniversary of the Closing Date, the Holdings Shares that were eligible to vest pursuant to this paragraph 7(d)(1)(II)(A)
shall not vest and shall be forfeited as provided in paragraph 7(d)(4).

 

    	 	8	 

     

    

 

		B.	25% of the unvested Holdings Shares Beneficially Owned by each Founder (or Affiliate thereof) as
of the Closing shall vest at such time as a $17.50 Stock Price Level is achieved on or before the fifth anniversary of the Closing
Date; provided, however, that none of such Holdings Shares shall vest prior to the first anniversary of the Closing
Date, not more than 1/3 of such Holdings Shares shall vest prior to the second anniversary of the Closing Date and not more than
2/3 of such Holdings Shares shall vest prior to the third anniversary of the Closing Date. For the avoidance of doubt, if a $17.50
Stock Price Level is not achieved on or prior to the fifth anniversary of the Closing Date, the Holdings Shares that were eligible
to vest pursuant to this paragraph 7(d)(1)(II)(B) shall not vest and shall be forfeited as provided in paragraph 7(d)(4).

 

		2.	Vesting of Holdings Warrants. 100% of the Holdings Warrants Beneficially Owned by each Founder
and Garden State (or any Affiliate thereof) as of the Closing shall vest at such time as a $17.50 Stock Price Level is achieved
on or before the fifth anniversary of the Closing Date; provided, however, that none of such Holdings Warrants shall
vest prior to the first anniversary of the Closing Date, not more than 1/3 of such Holdings Warrants shall vest prior to the second
anniversary of the Closing Date and not more than 2/3 of such Holdings Warrants shall vest prior to the third anniversary of the
Closing Date. For the avoidance of doubt, if a $17.50 Stock Price Level is not achieved on or prior to the fifth anniversary of
the Closing Date, the Holdings Warrants that were eligible to vest pursuant to this paragraph 7(d)(2) shall not vest and shall
be forfeited as provided in paragraph 7(d)(4).

 

		3.	Acceleration of Vesting upon a Company Sale. In the event of a Company Sale (as defined
below) prior to the fifth anniversary of the Closing Date (or prior to the sixth anniversary of the Closing Date for purposes of
paragraph 7(d)(3)(V)), vesting of unvested Holdings Shares and Holdings Warrants shall be accelerated or the unvested Holdings
Shares and Holdings Warrants will be forfeited, and Sweetener Shares may be issued, as follows:

 

		I.	The unvested Holdings Shares that were eligible to vest pursuant to paragraph 7(d)(1)(I) and all
Time-Delayed Performance Securities shall automatically vest as of immediately prior to the closing of such Company Sale.

 

		II.	With respect to the unvested Holdings Shares that were eligible to vest pursuant to paragraph 7(d)(1)(II)(A),
other than Time-Delayed Performance Securities:

 

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		A.	If such Company Sale occurs on or before the date that is 42 months after the Closing Date, then
(i) such Holdings Shares will fully vest as of immediately prior to the closing of such Company Sale only if the per share price
paid or implied in such Company Sale equals or exceeds $15.25, (ii) no portion of such Holdings Shares will vest in connection
with such Company Sale if the per share price paid or implied in such Company Sale equals or is less than $13.00, and (iii) if
the per share price paid or implied in such Company Sale is between $13.00 and $15.25, the number of such Holdings Shares that
will vest in connection with such Company Sale will be determined based on linear interpolation between such share price levels
(e.g., 50% of such Holdings Shares will vest if the per share price paid or implied in such Company Sale is $14.125), and no remaining
portion of such Holdings Shares will vest in connection with such Company Sale.

 

		B.	If such Company Sale occurs after the date that is 42 months after the Closing Date and before
the fifth anniversary of the Closing Date, then (i) such Holdings Shares will fully vest as of immediately prior to the closing
of such Company Sale only if the per share price paid or implied in such Company Sale equals or exceeds $17.50, (ii) no portion
of such Holdings Shares will vest in connection with such Company Sale if the per share price paid or implied in such Company Sale
equals or is less than $15.00, and (iii) if the per share price paid or implied in such Company Sale is between $15.00 and $17.50,
the number of such Holdings Shares that will vest in connection with such Company Sale will be determined based on linear interpolation
between such share price levels (e.g., 50% of such Holdings Shares will vest if the per share price paid or implied in such Company
Sale is $16.25), and no remaining portion of such Holdings Shares will vest in connection with such Company Sale.

 

		III.	With respect to the Holdings Shares that were eligible to vest pursuant to paragraph 7(d)(1)(II)(B)
and the Holdings Warrants (other than Time-Delayed Performance Securities), (i) such Holdings Shares and Holdings Warrants will
fully vest as of immediately prior to the closing of such Company Sale only if the per share price paid or implied in such Company
Sale equals or exceeds $17.50, (ii) no portion of such Holdings Shares or Holdings Warrants will vest in connection with such Company
Sale if the per share price paid or implied in such Company Sale equals or is less than $15.00, and (iii) if the per share price
paid or implied in such Company Sale is between $15.00 and $17.50, the number of such Holdings Shares and Holdings Warrants that
will vest in connection with such Company Sale will be determined based on linear interpolation between such share price levels
(e.g., 50% of such Holdings Shares and Holdings Warrants will vest if the per share price paid or implied in such Company Sale
is $16.25), and no remaining portion of such Holdings Shares or Holdings Warrants will vest in connection with such Company Sale.

 

    	 	10	 

     

    

 

		IV.	Unvested Holdings Shares and unvested Holdings Warrants that do not vest in accordance with this
paragraph 7(d)(3) upon the occurrence of a Company Sale will be forfeited immediately prior to the closing of such Company Sale
and in accordance with paragraph 7(d)(4); provided that, immediately prior to the closing of such Company Sale, such Holdings
Warrants (but not the Holdings Shares) that would be so forfeited shall be transferred, for a purchase price of $1.00 per Holdings
Warrant, to the respective Affiliates of Onex and Baring that held Company Shares (as defined below) as of immediately prior to
the Jersey Merger Effective Time, on a pro-rata basis, based on their relative percentage ownership of the Company Shares as of
immediately prior to the Jersey Merger Effective Time, if the per share price paid or implied in such Company Sale is greater than
$12.50, and shall vest in connection with such Transfer.

 

		V.	In the event of a Company Sale prior to the sixth anniversary of the Closing Date, if the per share
price paid or implied in such Company Sale equals or exceeds $20.00, then, to the extent the Sweetener Shares have not previously
been issued, all Sweetener Shares shall be issued in accordance with paragraph 5(b) above immediately prior to the consummation
of the Company Sale.

 

		VI.	For purposes of this paragraph 7(d)(3), “Company Sale” means (i) a purchase,
sale, exchange, business combination or other transaction (including a merger or consolidation of Holdings with or into any other
corporation or other entity) in which the equity securities of Holdings, its successor or the surviving entity of such business
combination or other transaction are not registered under the Exchange Act or listed or quoted for trading on a national securities
exchange or (ii) a sale, lease, exchange or other transfer in one transaction or a series of related transactions of all or substantially
all of Holdings’ assets to a third party that is not an Affiliate of Holdings, Onex, Baring, any Founder, the Sponsor or
Garden State (or a group of third parties that are not Affiliates of Holdings, Onex, Baring, any Founder, the Sponsor or Garden
State). For avoidance of doubt, following a transaction or business combination that is not a “Company Sale”
hereunder, including a transaction or business combination in which the equity securities of the surviving entity of such business
combination or other transaction are registered under the Exchange Act and listed or quoted for trading on a national securities
exchange, the equitable adjustment provisions of Paragraph 23 shall apply, including, without limitation, to performance vesting
criteria.

 

    	 	11	 

     

    

 

		VII.	Holders of Holdings Shares subject to the vesting provisions of this paragraph 7(d) shall be entitled
to vote such Holdings Shares and receive dividends and other distributions with respect to such Holdings Shares prior to vesting;
provided, that dividends and other distributions with respect to Holdings Shares that are subject to performance vesting
pursuant to paragraph 7(d)(1)(II) shall be set aside by Holdings and shall be paid (x) to such holders upon the vesting of such
Holdings Shares (if at all) or (y) to the respective Affiliates of Onex and Baring and the other persons who held Company Shares
as of immediately prior to the Jersey Merger Effective Time, in each case, that receive such Holdings Shares pursuant to paragraph
7(d)(4)(I).

 

		4.	Forfeiture of Unvested Holdings Shares and Holdings Warrants.

 

		I.	Unvested Holdings Shares that are forfeited pursuant to paragraph 7(d)(1)(II) or paragraph 7(d)(3)
shall be transferred by the forfeiting Founder (or Affiliate thereof) that Beneficially Owns such Holdings Shares, as applicable,
to the respective Affiliates of Onex and Baring and the other persons who held ordinary shares in the capital of the Company (“Company
Shares”) as of immediately prior to the Jersey Merger Effective Time, on a pro-rata basis, based on their relative percentage
ownership of the Company Shares as of immediately prior to the Jersey Merger Effective Time, without any consideration for such
Transfer. For U.S. federal income tax purposes the parties intend for any such transfer to be treated as an adjustment to the consideration
issued to the transferees of such unvested Holdings Shares in connection with the Jersey Merger.

 

		II.	Unvested Holdings Warrants that are forfeited by a Founder (or Affiliate thereof) pursuant to paragraph
7(d)(2) must be offered for sale, on the fifth anniversary of the Closing, by the forfeiting Founder (or Affiliate thereof) that
Beneficially Owns such Holdings Warrants, as applicable, to the respective Affiliates of Onex and Baring that held Company Shares
as of immediately prior to the Jersey Merger Effective Time (on a pro-rata basis, based on their relative percentage ownership
of the Company Shares as of immediately prior to the Jersey Merger Effective Time), for a purchase price of $1.00 per Holdings
Warrant. Such Affiliates of Onex and Baring shall, on a pro-rata basis, based on their relative percentage ownership of the Company
Shares as of immediately prior to the Jersey Merger Effective Time, have the right (but not the obligation) to purchase such forfeited
Holdings Warrants for a period of 30 days after the forfeiture date. Such right may be exercised in whole or in part at any time
during such 30-day period by written notice to the forfeiting Founder or Sponsor, as applicable. Payment of the purchase price
must be made in cash within 60 days after the date of such written notice. If any such affiliate of Onex or Baring does not elect
to exercise its right to purchase its pro-rata portion of such forfeited Holdings Warrants within 30 days after the forfeiture
date, such Holdings Warrants shall be cancelled without any consideration for such cancellation.

 

    	 	12	 

     

    

 

		III.	Unvested Holdings Warrants that are forfeited by Garden State (or Affiliate thereof) pursuant to
paragraph 7(d)(2) must be offered for sale, on the fifth anniversary of the Closing, by Garden State (or Affiliate thereof) that
Beneficially Owns such Holdings Warrants to Holdings, for a purchase price of $1.00 per Holdings Warrant. Holdings shall have the
right (but not the obligation) to purchase such forfeited Holdings Warrants for a period of 30 days after the forfeiture date.
Such right may be exercised in whole or in part at any time during such 30-day period by written notice to Garden State. Payment
of the purchase price must be made in cash within 60 days after the date of such written notice. If Holdings does not elect to
exercise its right to purchase such forfeited Holdings Warrants within 30 days after the forfeiture date, such Holdings Warrants
shall be cancelled without any consideration for such cancellation.

 

		IV.	Notwithstanding the immediately preceding clauses (II) and (III), if the Stock Price Level on the
fifth anniversary of the Closing Date is greater than $12.50, then the Unvested Holdings Warrants must be purchased by Affiliates
of Onex and Baring (with respect to such Holdings Warrants referred to in clause (II)) and Holdings (with respect to such Holdings
Warrants referred to in clause (III)), for a purchase price of $1.00 per Warrant. Payment of the purchase price must be made in
cash within 60 days after the date of the fifth anniversary of the Closing Date.

 

		V.	With respect to the Holdings Warrants that are transferred or sold, as applicable, pursuant to
paragraphs 7(d)(3)(IV) and 7(d)(4)(II)-(IV), (x) for U.S. federal income tax purposes, the parties intend that any such transfer
or sale will be treated as a forfeiture of such Holdings Warrants by the relevant Founder or Garden State (as applicable) and as
an adjustment to the consideration provided to the transferees of such Holdings Warrants in connection with the Jersey Merger and
(y) the parties shall, and shall cause their respective Affiliates to, reasonably cooperate in good faith to complete such transfers
or sales on a “cashless” basis for the transferee (for example, by exercising all or a portion of such Holdings Warrants
and selling the ordinary shares of Holdings issuable in connection therewith in one or more transactions in the open market with
the proceeds therefrom used to pay the purchase price and exercise price for such Holdings Warrants).

 

    	 	13	 

     

    

 

		4.	Stock Price Level. For purposes of paragraph 5(b) and this paragraph 7(d), the applicable
“Stock Price Level” will be considered achieved only when the last reported sale price per Holdings Share on
the New York Stock Exchange equals or exceeds the applicable threshold for any 40 trading days during a 60 consecutive trading
day period, which 60 consecutive trading day period will not commence until the earlier of (i) the date on which Onex or Baring
sell any of their respective Holdings Shares to a third party that is not an Affiliate of Onex, Baring, any Founder, the Sponsor
or Garden State, or (ii) the first anniversary of the Closing Date. The Stock Price Levels (and the share price levels in a Company
Sale in paragraph 7(d)(3) and paragraph 5(b)) will be equitably adjusted on account of any share split, reverse share split or
similar equity restructuring transaction.

 

8.             The
Sponsor and each Founder represents and warrants that it, he or she has never been suspended or expelled from membership in any
securities or commodities exchange or association or had a securities or commodities license or registration denied, suspended
or revoked. Each Founder’s biographical information furnished to Acquiror (including, without limitation, any such information
included in the Prospectus) is true and accurate in all respects and does not omit any material information with respect to such
Founder’s background. The Sponsor’s and each Founder’s questionnaire furnished to Acquiror is true and accurate
in all respects. The Sponsor and each Founder represents and warrants that: it, he or she is not subject to or a respondent in
any legal action for, any injunction, cease-and-desist order or order or stipulation to desist or refrain from any act or practice
relating to the offering of securities in any jurisdiction; it, he or she has never been convicted of, or pleaded guilty to, any
crime (i) involving fraud, (ii) relating to any financial transaction or handling of funds of another person, or (iii) pertaining
to any dealings in any securities and it, he or she is not currently a defendant in any such criminal proceeding.

 

9.             Except
as disclosed in the Prospectus or in Schedule 7.07 of the Merger Agreement, neither the Sponsor nor any Founder nor any Affiliate
of the Sponsor or any Founder, nor any director or officer of Acquiror, shall receive from Acquiror any finder’s fee, reimbursement,
consulting fee, monies in respect of any repayment of a loan or other compensation prior to, or in connection with, any services
rendered in order to effectuate the consummation of Acquiror’s initial Business Combination (regardless of the type of transaction
that it is, but including, for the avoidance of doubt, the Jersey Merger), other than the following, none of which will be made
from the proceeds held in the Trust Account prior to the completion of the initial Business Combination: repayment of a loan and
advances up to an aggregate of $300,000 made to Acquiror by the Sponsor; and repayment of loans, if any, and on such terms as to
be determined by Acquiror and, prior to any valid termination of the Merger Agreement, the Company from time to time, made by the
Sponsor or any of Acquiror’s officers or directors to finance transaction costs in connection with an intended initial Business
Combination, provided, that, if Acquiror does not consummate an initial Business Combination, a portion of the working capital
held outside the Trust Account may be used by Acquiror to repay such loaned amounts so long as no proceeds from the Trust Account
are used for such repayment. None of such loans may be converted into any shares of Capital Stock or Warrants except that, following
any valid termination of the Merger Agreement, up to $1,500,000 of such loans may be convertible into warrants at a price of $1.00
per warrant at the option of the lender. Such warrants would be identical to the Private Placement Warrants, including as to exercise
price, exercisability and exercise period. During the period commencing on the date hereof and ending on the earlier of (i) the
consummation of the Closing and (ii) the valid termination of the Merger Agreement, the Sponsor and each Founder agrees not to
enter into, modify or amend any Contract between or among the Sponsor, any Founder, anyone related by blood, marriage or adoption
to any Founder or any Affiliate of any such Person (other than Acquiror or any of its Subsidiaries), on the one hand, and Acquiror
or any of its Subsidiaries, on the other hand, that would contradict, limit, restrict or impair (x) any party’s ability to
perform or satisfy any obligation under this Agreement or (y) the Company’s, Holdings’ or Acquiror’s ability
to perform or satisfy any obligation under the Merger Agreement; provided that nothing herein shall restrict the issuance
of any new Stockholder Notes expressly permitted to be entered into pursuant to Section 9.03(a)(vii) of the Merger Agreement (it
being understood and agreed that the full amount of all outstanding principal, accrued and unpaid interest and other payment obligations
under the Stockholder Notes shall be paid in cash at the Closing by Acquiror as provided in the Merger Agreement, at which time
the Stockholder Notes shall be terminated without any continuing liability or obligation on the part of any party thereto).

 

    	 	14	 

     

    

 

10.           The
Sponsor and each Founder have full right and power, without violating any agreement to which it is bound (including, without limitation,
any non-competition or non-solicitation agreement with any employer or former employer), to enter into this Sponsor Agreement and,
as applicable, to serve as an officer and/or a director on the board of directors of Acquiror.

 

11.          As
used herein, the following terms shall have the respective meanings set forth below:

 

(a)       “Beneficially
Own” has the meaning ascribed to it in Section 13(d) of the Exchange Act.

 

(b)       “Business
Combination” shall mean a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar
business combination, involving Acquiror and one or more businesses.

 

(c)       “Capital
Stock” shall mean, collectively, the Common Stock and the Founder Shares.

 

(d)       “Founder
Shares” shall mean the shares of Acquiror’s Class B common stock, par value $0.0001 per share, except as otherwise
set forth in Annex A.

 

(e)       “Holdings
Shares” shall mean the ordinary shares of Holdings issued in connection with the Delaware Merger in exchange for Founders
Shares (including the Purchased Shares).

 

(f)        “Holdings
Warrants” shall mean the warrants to purchase ordinary shares of Holdings issued in connection with the Delaware Merger
in exchange for Private Placement Warrants.

 

    	 	15	 

     

    

 

(g)       “Private
Placement Warrants” shall mean the Warrants to purchase up to 18,300,000 shares of Common Stock Beneficially Owned by
the Founders in the aggregate, except as otherwise set forth in Annex A.

 

(h)       “Prospectus”
shall mean the registration statement on Form S-1 and prospectus filed by Acquiror with the Commission in connection with the Public
Offering.

 

(i)         “Public
Offering” shall mean the underwritten initial public offering of 69,000,000 of Acquiror’s units (the “Units”),
each comprised of one share of Common Stock and one-half of one Warrant.

 

(j)         “Public
Stockholders” shall mean the holders of securities issued in the Public Offering.

 

(k)        “Subject
Shares” shall mean, collectively, the Holdings Shares Beneficially Owned by the Sponsor and the Founders, in each case,
that (i) have vested in accordance with paragraph 7(d) or, if the transaction giving rise to the Tag-Along Right is a Company Sale,
would vest (or, with respect to the Sweetener Shares, would be issuable) in connection with such Company Sale pursuant to paragraph
7(d)(3) and (ii) are no longer Locked-Up Holdings Securities.

 

(l)         “Termination
Event” shall mean any transaction which results in Affiliates of Onex and Baring owning, in the aggregate, less than
200,000 ordinary shares of Holdings.

 

(m)       “Third
Party Terms” shall mean (i) the name of the proposed transferee in a Transfer and the number of ordinary shares
of Holdings proposed to be transferred in such Transfer, (ii) the proposed amount, type and form of per share consideration
and the terms and conditions of payment offered by such transferee and (iii) a summary of any other material terms pertaining to
such Transfer.

 

(n)       “Time-Delayed
Performance Securities” shall mean any Holdings Shares and Holdings Warrants subject to performance vesting under paragraph
7(d)(1)(II) or 7(d)(2), as applicable, the vesting of which is dependent only on the passage of time as a result of the performance
goals associated therewith having been achieved.

 

(o)       “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering and
the sale of the Private Placement Warrants shall be deposited.

 

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

 

    	 	16	 

     

    

 

12.           This
Sponsor Agreement and the other agreements referenced hereto 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, written or oral, to the extent they relate in any way to the subject matter hereof or the transactions contemplated
hereby, including, without limitation, the Prior Letter Agreement. This Sponsor Agreement may not be changed, amended, modified
or waived (other than to correct a typographical error) as to any particular provision, except by a written instrument executed
by Holdings, the Company and the other parties charged with such change, amendment, modification or waiver, it being acknowledged
and agreed that neither Holdings’ nor the Company’s execution of such an instrument will be required after any valid
termination of the Merger Agreement.

 

13.           Except
as otherwise provided herein, no party hereto may assign either this Sponsor Agreement or any of its rights, interests, or obligations
hereunder without the prior written consent of the other parties (except that, following any valid termination of the Merger Agreement,
no consent from Holdings or the Company shall be required). 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 Sponsor Agreement
shall be binding on the Sponsor, Garden State, each Founder, Holdings and the Company and their respective successors, heirs, personal
representatives and assigns and permitted transferees.

 

14.           Nothing
in this Sponsor Agreement shall be construed to confer upon, or give to, any person or entity other than the parties hereto any
right, remedy or claim under or by reason of this Sponsor Agreement or of any covenant, condition, stipulation, promise or agreement
hereof, except that the Onex/Baring Shareholders are express third party beneficiaries of, and are entitled to enforce, paragraphs
25 and 27. All covenants, conditions, stipulations, promises and agreements contained in this Sponsor Agreement shall be for the
sole and exclusive benefit of Acquiror, the Sponsor, the Founders and Garden State (and, prior to any valid termination of the
Merger Agreement, the Company and Holdings) and their respective successors, heirs, personal representatives and assigns and permitted
transferees, except that the Onex/Baring Shareholders are express third party beneficiaries of, and are entitled to enforce, paragraphs
25 and 27.

 

15.           This
Sponsor Agreement may be executed in any number of original or facsimile counterparts and each of such counterparts shall for all
purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

 

16.           This
Sponsor Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof shall not affect
the validity or enforceability of this Sponsor Agreement or of any other term or provision hereof. Furthermore, in lieu of any
such invalid or unenforceable term or provision, the parties hereto intend that there shall be added as a part of this Sponsor
Agreement a provision as similar in terms to such invalid or unenforceable provision as may be possible and be valid and enforceable.

 

    	 	17	 

     

    

 

17.           This Sponsor Agreement, and all claims or causes of action based upon, arising out of, or related to this Sponsor Agreement or
the transactions contemplated hereby, shall be governed by, and construed in accordance with, the Laws of the State of Delaware,
without giving effect to principles or rules of conflict of laws to the extent such principles or rules would require or permit
the application of Laws of another jurisdiction. Any Action based upon, arising out of or related to this Sponsor Agreement or
the transactions contemplated hereby may be brought in federal and state courts located in the State of Delaware, and each of the
parties irrevocably submits to the exclusive jurisdiction of each such court in any such Action, waives any objection it may now
or hereafter have to personal jurisdiction, venue or to convenience of forum, agrees that all claims in respect of the Action shall
be heard and determined only in any such court, and agrees not to bring any Action arising out of or relating to this Sponsor Agreement
or the transactions contemplated hereby in any other court. Nothing herein contained shall be deemed to affect the right of any
party to serve process in any manner permitted by Law or to commence legal proceedings or otherwise proceed against any other party
in any other jurisdiction, in each case, to enforce judgments obtained in any Action brought pursuant to this paragraph. The prevailing
party in any such Action (as determined by a court of competent jurisdiction) shall be entitled to be reimbursed by the non-prevailing
party for its reasonable expenses, including reasonable attorneys’ fees, incurred with respect to such Action. EACH OF THE
PARTIES HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY ACTION BASED UPON, ARISING OUT OF OR RELATED
TO THIS SPONSOR AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

 

18.           Any
notice, consent or request to be given in connection with any of the terms or provisions of this Sponsor Agreement shall be in
writing and shall be sent by express mail or similar private courier service, by certified mail (return receipt requested), by
hand delivery or facsimile transmission, to the receiving party’s address or facsimile number set forth above or on the receiving
party’s signature page hereto; provided that any such notice, consent or request to be given to Acquiror, Holdings
or the Company at any time prior to the valid termination of the Merger Agreement shall be given in accordance with the terms of
Section 13.02 of the Merger Agreement.

 

19.           This
Sponsor Agreement shall terminate on the earlier of (i) the latest of (w) the expiration of the Lock-up Periods, (x) the vesting
in full and delivery of all Locked-Up Holdings Securities, (y) the issuance of the Sweetener Shares or (z) if the Sweetener Shares
have not been issued on or prior to the sixth anniversary of the Closing, the date after the sixth anniversary of the Closing,
or (ii) prior to the Closing, the liquidation of Acquiror or, if the Closing shall have occurred, Holdings; provided, however,
that paragraph 4 of this Sponsor Agreement shall survive such liquidation for a period of six years; provided, further,
that no such termination shall relieve the Sponsor, Garden State, any Founder, Holdings or the Company from any liability resulting
from a breach of this Sponsor Agreement occurring prior to such termination.

 

20.           Each
party hereto that is also a party to that certain Registration Rights Agreement, dated as of September 6, 2018, by and among Acquiror,
the Sponsor and the other parties signatory thereto (the “Existing Registration Rights Agreement”) hereby agrees
to amend and restate the Existing Registration Rights Agreement, effective as of the Closing. At or prior to the Closing, the Sponsor,
Garden State and each Founder contemplated to become a party to the Registration Rights Agreement and Nominating Agreement shall
deliver to Holdings each such agreement, duly executed by such Person, in the form attached to the Merger Agreement.

 

    	 	18	 

     

    

 

21.           Each
of the Sponsor, Garden State and the Founders hereby represents and warrants (severally and not jointly as to itself, himself or
herself only) to Acquiror, Holdings and the Company as follows: (i) if such Person 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 Person’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 Person; (ii) if such Person is an
individual, such Person has full legal capacity, right and authority to execute and deliver this Sponsor Agreement and to perform
his or her obligations hereunder; (iii) this Sponsor Agreement has been duly executed and delivered by such Person and, assuming
due authorization, execution and delivery by the other parties to this Sponsor Agreement, this Sponsor Agreement constitutes a
legally valid and binding obligation of such Person, enforceable against such Person 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); (iv) the execution and delivery of
this Sponsor Agreement by such Person does not, and the performance by such Person of his, her or its obligations hereunder will
not, (A) if such Person is not an individual, conflict with or result in a violation of the organizational documents of such Person,
or (B) require any consent or approval that has not been given or other action that has not been taken by any third party (including
under any Contract binding upon such Person or such Person’s Founder Shares or Private Placement Warrants, as applicable),
in each case, to the extent such consent, approval or other action would prevent, enjoin or materially delay the performance by
such Person of its, his or her obligations under this Sponsor Agreement; (v) there are no Actions pending against such Person or,
to the knowledge of such Person, threatened against such Person, 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 Person of its, his or her obligations under this Sponsor Agreement; (vi) except for fees described on Schedule
7.07 of the Merger Agreement, no financial advisor, investment banker, broker, finder or other similar intermediary is entitled
to any fee or commission from such Person, Acquiror, any of its Subsidiaries or any of their respective Affiliates in connection
with the Merger Agreement or this Sponsor Agreement or any of the respective transactions contemplated thereby and hereby, in each
case, based upon any arrangement or agreement made by or, to the knowledge of such Person, on behalf of such Person, for which
Acquiror, Holdings, the Company or any of their respective Affiliates would have any obligations or liabilities of any kind or
nature; (vii) except as set forth on Annex B hereto, none of (x) such Person, (y) anyone related by blood, marriage or adoption
to such Person or (z) to the knowledge of such Person, any other Person in which such first Person has a direct or indirect legal
or contractual relationship or Beneficial Ownership of 5% or more of the outstanding equity securities of such second Person, in
each case, is party to, or has any rights with respect to or arising from, any Contract, instrument, arrangement or understanding
with Acquiror or any of its Subsidiaries (including, without limitation, the Stockholder Notes); (viii) such Person has had the
opportunity to read the Merger Agreement and this Sponsor Agreement and has had the opportunity to consult with its tax and legal
advisors; (ix) such Person has not entered into, and shall not enter into, any agreement that would restrict, limit or interfere
with the performance of such Person’s obligations hereunder; (x) except as otherwise described in this Sponsor Agreement,
such Person has the direct or indirect interest in all of its, his or her Founder Shares and Private Placement Warrants listed
on Annex A hereto, which are held through the Sponsor, the Sponsor has good title to all such Founder Shares and Private
Placement Warrants, and there exist no Liens or any other limitation or restriction (including, without limitation, any restriction
on the right to vote, sell or otherwise dispose of such Founder Shares or Private Placement Warrants (other than transfer restrictions
under the Securities Act)) affecting any such Founder Shares or Private Placement Warrants, other than pursuant to (A) this Sponsor
Agreement, (B) the Charter, (C) the Merger Agreement, (D) the Existing Registration Rights Agreement, or (E) any applicable securities
laws; and (xi) the Founder Shares and Private Placement Warrants listed on Annex A hereto are the only equity securities
in Acquiror (including, without limitation, any equity securities convertible into, or which can be exercised or exchanged for,
equity securities of Acquiror) owned of record or Beneficially Owned by such Person as of the date hereof, and none of such Founder
Shares or Private Placement Warrants is subject to any proxy, voting trust or other agreement or arrangement with respect to the
voting of such Founder Shares or Private Placement Warrants, except as provided in this Sponsor Agreement.

 

    	 	19	 

     

    

 

22.           Upon
the occurrence of a Termination Event, the restrictions set forth in paragraph 7(a)(ii) shall terminate and be of no further force
or effect.

 

23.           If,
and as often as, there are any changes in Holdings, the Holdings Shares, the Holdings Warrants or the Sweetener Shares by way of
stock split, stock dividend, combination or reclassification, or through merger, consolidation, reorganization, recapitalization
or business combination, or by any other means, equitable adjustment shall be made to the provisions of this Sponsor Agreement
as may be required so that the rights, privileges, duties and obligations hereunder shall continue with respect to Holdings, Holdings’
successor or the surviving entity of such transaction, the Holdings Shares, Holdings Warrants and the Sweetener Shares, each as
so changed. For avoidance of doubt, such equitable adjustment shall be made to the performance criteria set forth in paragraphs
7(d) and 5(b).

 

24.           Each
of the parties hereto agrees to execute and deliver hereafter any further document, agreement or instrument of assignment, transfer
or conveyance as may be necessary or desirable to effectuate the purposes hereof and as may be reasonably requested in writing
by another party hereto.

 

25.           The
Sponsor, M. Klein Associates, Inc. (“Manager”) and each of the Sponsor’s members, each of which is a party
hereto, agrees with Holdings and the respective Affiliates of Onex and Baring that own ordinary shares of Holdings from time to
time (collectively, the “Onex/Baring Shareholders”) that, without the prior written consent of the holders of
a majority of the ordinary shares of Holdings collectively held by the Onex/Baring Shareholders (which consent may be withheld
in their sole discretion, except as otherwise specifically set forth herein):

 

(a)       Prior
to the completion of the distribution described in clause (b) below, the Sponsor and each of its members will maintain the exact
equity ownership in the Sponsor that is set forth on Annex A attached hereto. In furtherance of the foregoing, (i) the Sponsor
will not incur or permit any lien or encumbrance on any of its assets or equity interests, and it will not permit any Transfer,
redemption, repurchase, issuance or other disposition of any of its equity interests or assets (including, without limitation,
the equity securities of Holdings owned by the Sponsor and any dividends received thereon, other than as set forth in the second
paragraph of this Sponsor Agreement) to occur prior to the completion of the distribution described in clause (b) below, (ii) no
member of the Sponsor will (or permit any other member of the Sponsor to) sell, pledge, encumber or otherwise Transfer any of the
Sponsor’s equity interests or assets (including, without limitation, the equity securities of Holdings owned by the Sponsor
and any dividends received thereon), directly or indirectly, whether by merger, operation of law or otherwise, prior to the completion
of the distribution described in clause (b) below, and (iii) the Sponsor and its members will cause the Sponsor not to be terminated,
dissolved, liquidated, merged, combined, reorganized, recapitalized, restructured or subjected to any proceeding that could result
in any of the foregoing (whether in bankruptcy or otherwise) prior to the completion of the distribution described in clause (b)
below. Manager shall cause the Sponsor to comply with all of its obligations under this clause (a) and clause (b) below.

 

    	 	20	 

     

    

 

(b)       At
any time following the expiration of the Founder Shares Lock-up Period, upon five business days’ prior written notice to
Holdings, the Sponsor, Manager and the Sponsor’s members shall cause all equity securities of Holdings owned by the Sponsor
to be distributed to the Sponsor’s members in exactly the amounts for each such member as set forth on Annex A attached
hereto (together with any dividends received by the Sponsor on such member’s Holdings equity securities). Any fees and expenses
(including taxes) related to such distribution, the maintenance of the Sponsor in good standing under the laws of the State of
Delaware or compliance with the Sponsor’s obligations under clause (a) above (together with all other fees and expenses incurred
by the Sponsor) prior to such distribution will be discharged and paid in full by Manager or the Sponsor’s members (pro rata
based on their respective equity ownership in the Sponsor) prior to such distribution. Until such fees and expenses have been discharged
and paid in full, Holdings shall not have any obligation to issue new share certificates or warrants in the name of any of the
Sponsor’s members, to cooperate in any respect with the completion of such distribution or to recognize any member of the
Sponsor as a record holder of any equity securities of Holdings owned by the Sponsor as of the Closing. Anything contained herein
to the contrary notwithstanding, in the event that the Sponsor wishes to distribute equity securities of Holdings owned by the
Sponsor to its members prior to the expiration of the Founder Shares Lock-up Period, Holdings and the Onex/Baring Shareholders
shall reasonably consent to such distribution, provided that the Sponsor complies with the provisions set forth in the first sentence
of this clause (b) and such members comply with the provisions set forth in the proviso to paragraph 7(c)(ii)(E).

 

(c)       The
Sponsor, Manager and each of the Sponsor’s members acknowledge and agree that a breach of any of the obligations under clauses
(a) and (b) above may be enforced by injunctive relief as set forth in paragraph 6(b) hereof; this being in addition to all other
remedies available at equity or in law to Holdings and the Onex/Baring Shareholders. Any distribution or Transfer in breach of
clauses (a) or (b) above shall be void ab initio, and Manager, the Sponsor and each member of the Sponsor shall be required to
take any and all actions requested by Holdings or the Onex/Baring Shareholders to promptly cure such breach and shall reimburse
Holdings and/or the Onex/Baring Shareholders for any costs and expenses in connection therewith.

 

(d)       Prior
to the completion of the distribution described in clause (b) above, solely for purposes of determining any Sponsor member’s
Beneficial Ownership of Holdings Shares or Holdings Warrants (as applicable) hereunder, such member shall be deemed to Beneficially
Own only the number of Holdings Shares of Holdings Warrants (as applicable) set forth next to such member’s name on Annex
A attached hereto.

 

    	 	21	 

     

    

 

26.           Tag-Along
Rights

 

(a)       At
any time following the expiration of the Founder Shares Lock-Up Period with respect to any Subject Shares, if one or more of the
Affiliates of Onex that own ordinary shares of Holdings from time to time (collectively, the “Onex Shareholders”)
proposes to Transfer (other than a Transfer (x) to any Person that is an Affiliate of Holdings, Onex, Baring, any Founder, the
Sponsor or Garden State or (y) in a Public Offering (as defined in the Registration Rights Agreement (as defined in the Merger
Agreement) or in a sale to the public under Rule 144 of the Securities Act) all or any portion of the ordinary shares of Holdings
then held by such Onex Shareholder and the Dragging Shareholders (as defined below) do not exercise their Drag-Along Rights (as
defined below), if applicable, with respect to such Transfer (such Onex Shareholder proposing such Transfer being the “Transferring
Shareholder”), then the provisions of this paragraph 26 shall apply. In such event, the Sponsor, the Founders and Garden
State (the “Tag-Along Shareholders”) shall have the right (the “Tag-Along Right”) to sell
in their discretion up to the same percentage of such Tag-Along Shareholders’ Subject Shares as the Transferring Shareholder
is proposing to sell in such Transfer by requesting that the transferee in such Transfer purchase from each such Tag-Along Shareholder
up to the number of Subject Shares equal to the number derived by multiplying (i) the total number of Subject Shares that the transferee
has agreed or committed to purchase from the Transferring Shareholder by (ii) a fraction, the numerator of which is the total number
of Subject Shares owned by such Tag-Along Shareholder, and the denominator of which is equal to the sum of (x) the total number
of ordinary shares of Holdings then held by the Onex Shareholders plus (y) the total number of Subject Shares. Any Subject Shares
purchased from Tag-Along Shareholders pursuant to this paragraph 26 shall be purchased upon the same terms and conditions (including
timing of purchase and payment and the type and form of consideration) as such proposed Transfer by such Transferring Shareholder.

 

(b)       If
any Onex Shareholder proposes to make a Transfer triggering the Tag-Along Right, such Transferring Shareholder shall send a written
notice (each, a “Sale Notice”) to all Tag-Along Shareholders at least thirty (30) days prior to the date on
which such Transferring Shareholder expects to consummate such Transfer. Each Sale Notice shall set forth the Third Party Terms
applicable to the proposed Transfer, the maximum number of ordinary shares of Holdings the Tag-Along Shareholder to whom the Sale
Notice is delivered is entitled to sell pursuant to the Tag-Along Right (including the calculation of such participant’s
pro rata portion) and the anticipated closing date of the Transfer, and shall be accompanied by a copy of any written documents
reflecting the terms and conditions agreed to by the Transferring Shareholder and the transferee.

 

(c)        Each
Tag-Along Shareholder that desires to exercise the Tag-Along Right shall deliver a written notice (each, “Tag-Along Notice”)
to that effect to the Transferring Shareholder within twenty (20) days following receipt of the Sale Notice from such Transferring
Shareholder. The Tag-Along Notice shall state the number of Subject Shares (not to exceed the amount determined in accordance with
paragraph 26(a)) that such Tag-Along Shareholder proposes to include in such Transfer, and shall constitute the Tag-Along Shareholder’s
binding agreement to sell its Subject Shares on the terms and subject to the conditions as are specified in or accompany the Sale
Notice. If the transferee does not purchase the specified number of Subject Shares from the Tag-Along Shareholders on the same
terms and conditions as specified in the Sale Notice and at the same time as the transferee purchases Subject Shares of Holdings
from such Transferring Shareholder, then such Transferring Shareholder shall not be entitled to sell any ordinary shares of Holdings
in the proposed Transfer unless such Transferring Shareholder or its designee substantially concurrently purchases from each such
Tag-Along Shareholder the number of Subject Shares of such Tag-along Shareholder as is specified in its Tag-Along Notice, on the
Third Party Terms.

 

    	 	22	 

     

    

 

(d)       At
the closing of the Transfer pursuant to this paragraph 26, the transferee shall remit to each Tag-Along Shareholder the consideration
for the Subject Shares of such Tag-Along Shareholder sold pursuant hereto (less any such consideration to be escrowed or otherwise
held back in accordance with the Third Party Terms; provided, however, that such escrow or hold back is pro rata
among all sellers of ordinary shares of Holdings participating in such transaction based on the number of ordinary shares of
Holdings being sold by each such seller in the transaction), against delivery by such Tag-Along Shareholder of certificates (if
any) representing such Subject Shares, duly endorsed for Transfer or with duly executed stock powers or similar instruments, or
such other instrument of Transfer of such Subject Shares as may be reasonably requested by the transferee or Holdings, and the
compliance by such Tag-Along Shareholder with any other conditions to closing generally applicable to all shareholders of Holdings
selling ordinary shares of Holdings in such transaction; provided, that (i) no such condition shall require a Tag-Along
Shareholder to undertake or agree to bear joint and several liability with any other party thereto or to bear more than such Tag-Along
Shareholder’s proportionate share of any indemnification obligations or be liable in respect of any individual representations,
covenants or warranties made solely with respect to another shareholder of Holdings, including with respect to title, authority,
non-contravention and power to transfer equity (in each case, other than through a common escrow), (ii) no Tag-Along Shareholder
shall be liable in respect of any post-closing indemnification in excess of the aggregate amount of proceeds received by such Tag-Along
Shareholder in connection with such Transfer and (iii) no such condition shall require a Tag-Along Shareholder to enter into any
agreement not to compete with Holdings or any of its Subsidiaries, or commit to any similar obligation, in connection with the
Transfer.

 

(e)       If
any Transfer described in a Sale Notice has not been consummated in accordance with the terms set forth in the Sale Notice within
one hundred and eighty (180) days after the date of delivery of the Sale Notice, or if (i) the terms of such proposed Transfer
have been modified in any respect that would increase the per share price or (ii) the other non-monetary terms of such proposed
Transfer shall have been changed in any material respect from those set forth in the Sale Notice, such Transfer may not be completed
without first providing a new Sale Notice to the Tag-Along Shareholders and allowing another opportunity for such Tag-Along Shareholders
to elect to exercise their Tag-Along Right set forth in this paragraph 26.

 

27.          Drag-Along
Rights

 

(a)       At
any time after the Closing, if one or more of the Onex/Baring Shareholders proposes to Transfer fifty percent (50%) or more of
the ordinary shares of Holdings then-held by the Onex/Baring Shareholders, in the aggregate, in a private transaction to a Person
or group of Persons (other than an Affiliate of Onex or Baring), then, in each case, the provisions of this paragraph 27 shall
apply (each a “Drag-Along Transfer”, and the Onex/Baring Shareholders initiating such Transfer, the “Dragging
Shareholders”). In such event, the Dragging Shareholders shall have the right (a “Drag-Along Right”),
but not the obligation, to cause all, but not less than all, of the Founders, Garden State, and, if applicable, the Sponsor (collectively,
the “Drag-Along Shareholders”) to tender for purchase to the proposed transferee in such Drag-Along Sale, a
number of Holdings Shares equaling the number derived by multiplying (i) the total number of ordinary shares of Holdings proposed
to be purchased by the proposed transferee in such Drag-Along Sale by (ii) a fraction, the numerator of which is the total
number of Holdings Shares held by each such Drag-Along Shareholder and the denominator of which is the total number of then outstanding
ordinary shares of Holdings. For the purpose of this paragraph 27(a), each reference to “Holdings Shares” shall be
deemed to include all Holdings Shares Beneficially Owned by the Drag-Along Shareholders (whether or not subject to vesting).

 

    	 	23	 

     

    

 

(b)       Any
Dragging Shareholder that elects to exercise its Drag-Along Right shall so notify each of the Drag-Along Shareholders pursuant
to a written notice (each, a “Drag-Along Notice”) delivered to the Drag-Along Shareholders at least ten (10)
days prior to the date on which the Dragging Shareholder expects the proposed Drag-Along Transfer that triggered such Drag-Along
Right to be consummated. Each Drag-Along Notice shall set forth the Third Party Terms applicable to such Drag-Along Sale, together
with a copy of any written documents constituting the offer or proposal of the proposed transferee and the number of Holdings
Shares that such Drag-Along Shareholder is required to sell pursuant to the Drag-Along Right. The terms and conditions applicable
to such purchase and sale of any Holdings Shares purchased from any Drag-Along Shareholder pursuant to this paragraph 27 shall
be on such Third Party Terms and otherwise be the same as the terms and conditions applicable to such Dragging Shareholders, including
the type and form of consideration, timing of purchase, sale and payment (with an exception for any “rollover” by the
Dragging Shareholders).

 

(c)       Upon
the receipt of a Drag-Along Notice, each Drag-Along Shareholder shall be obligated to sell the number of Holdings Shares required
to be sold by such Drag-Along Shareholder as set forth in the Drag-Along Notice on the Third Party Terms, on any other terms and
subject to any other conditions generally applicable to all shareholders selling to the transferee in connection with such transaction
and subject to the consummation of such transaction in accordance with its terms. Each Drag-Along Shareholder agrees to take all
necessary action to approve a Transfer pursuant to and in accordance with this paragraph 27, including to (i) vote its Holdings
Shares in favor of such Transfer if so required by applicable Law, (ii) take such other action as may be required to effect such
Transfer (subject to the limitations set forth in paragraph 27(d)) and (iii) refrain from exercising, and take all actions to waive,
any dissenters, appraisal or similar rights with respect thereto (including the waiver of any right of pre-emption they may have
in relation to such Transfer of ordinary shares of Holdings).

 

(d)       At
the closing of the Transfer pursuant to this paragraph 27, the transferee shall remit to each Drag-Along Shareholder the consideration
for the Holdings Shares to be sold by such Drag-Along Shareholder (less any portion of the consideration to be escrowed or otherwise
held back in accordance with the Third Party Terms; provided, however, that such escrow or hold back is pro rata
among all Drag-Along Shareholders and other parties selling securities in such transaction based on the number of securities being
sold by such Drag-Along Shareholders and other parties in such transaction), against delivery by such Drag-Along Shareholder of
the certificates (if any) representing such Holdings Shares, duly endorsed for Transfer or with duly executed stock powers or similar
instruments, and such other instruments of Transfer, in each case, as may be reasonably requested by the transferee or Holdings,
and the compliance by such Drag-Along Shareholder with any other conditions to closing generally applicable to all shareholders
selling ordinary shares of Holdings in such transaction; provided, that (i) no such condition shall require such Drag-Along
Shareholder to undertake or agree to bear joint and several liability with any other party thereto or to bear more than such Drag-Along
Shareholder’s proportionate share of any indemnification obligations (other than through a common escrow), (ii) such Drag-Along
Shareholder shall not be liable in respect of any post-closing indemnification in excess of the aggregate amount of proceeds received
by such Drag-Along Shareholder in connection with such Transfer, (iii) such Drag-Along Shareholder shall not bear any liability
with respect to any individual representations, covenants or warranties made solely with respect to another shareholder, including
with respect to title, authority, non-contravention and power to transfer equity (in each case, other than through a common escrow),
(iv) such Drag-Along Shareholder shall only make the same individual representations, warranties, covenants and indemnities concerning
such Drag-Along Shareholder and Holdings Shares to be sold by such Drag-Along Shareholder as made by the Dragging Shareholders,
(v) no such condition shall require such Drag-Along Shareholder to enter into any agreement not to compete with Holdings or any
of its Subsidiaries, or commit to any similar obligation, in connection with the Transfer and (vi) no such condition shall require
such Drag-Along Shareholder to enter into any agreement not to solicit or hire employees of Holdings or any of its Subsidiaries,
or commit to any similar obligation, in connection with the Transfer, except, with respect to this clause (vi), to the extent entered
into by the Dragging Shareholders.

 

[Signature Pages Follow]

 

    	 	24	 

     

    

 

	 	Sincerely,
	 	 
	 	SPONSOR:
	 	 
	 	CHURCHILL SPONSOR LLC
	 	 	 
	 	By:	/s/ Michael S. Klein
	 		Name:	Michael S. Klein
	 		Title:	 
	 	Address:	 
	 	Fax Number:	 
	 	 
	 	FOUNDERS:
	 	 
	 	/s/ Jerre Stead
	 	Jerre Stead
	 	Address:
	 	Fax Number:
	 	 
	 	/s/ Michael S. Klein
	 	Michael S. Klein
	 	Address:
	 	Fax Number:
	 	 
	 	/s/ Sheryl von Blucher
	 	Sheryl von Blucher
	 	Address:
	 	Fax Number:
	 	 
	 	/s/ Martin Broughton
	 	Martin Broughton
	 	Address:	Rosemary House
	 	 	Woodhurst Park
	 	 	Oxted, Surrey U.K.
	 	Fax Number:

 

[Signature Page to Sponsor Agreement]

 

     

     

    

 

	 	/s/ Karen G. Mills
	 	Karen G. Mills
	 	Address:	175 Blossom Street #1103
	 	 	Boston, MA 02114
	 	Fax Number:
	 	 	 
	 	/s/ Balakrishnan S. Iyer
	 	Balakrishnan S. Iyer
	 	Address:	4 Nidden
	 	 	Irvine, CA 92603
	 	Fax Number:	(949) 854-0570

 

	 	M. KLEIN ASSOCIATES, INC.
	 	(including in its capacity as Manager)
	 	 	 
	 	By:	/s/ Michael S. Klein
	 		Name: Michael S. Klein
	 		Title:
	 	Address:
	 	Fax Number:

 

	 	 	 
	 	THE IYER FAMILY TRUST DATED 1/25/2001
	 	 	 
	 	By:	/s/ Balakrishnan S. Iyer
	 		Name:	Balakrishnan S. Iyer
	 		Title:	Trustee
	 	Address:	4 Nidden
	 	 	 	Irvine, CA 92603
	 	Fax Number: 	(949) 854-0570

 

[Signature Page to Sponsor Agreement]

 

     

     

    

 

	 	MILLS FAMILY I, LLC
	 	 	 
	 	By:	/s/ Karen G. Mills
	 		Name:	Karen G. Mills
	 		Title:	Management Member
	 	Address:	 	175 Blossom Street #1103
	 	 	 	Boston, MA 02114
	 	 	 
	 	Fax Number:	 	[_______]
	 	 	 
	 	K&BM LP	 
	 	By:	, its general partner
	 	 	 
	 	By:	/s/ Karen G. Mills
	 		Name:	Karen G. Mills
	 		Title:	Management Partner
	 	Address:	 	175 Blossom Street #1103
	 	 	 	Boston, MA 02114
	 	Fax Number:	 
	 	 	 
	 	GARDEN STATE:
	 	 
	 	GARDEN STATE CAPITAL PARTNERS LLC
	 	 	 
	 	By:	/s/ Michael S. Klein
	 		Name: Michael S. Klein
	 		Title:
	 	Address:	 
	 	Fax Number:	 

 

[Signature Page to Sponsor Agreement]

 

     

     

    

 

	ACCEPTED AND AGREED	 
	as of the date first written above:	 
	 	 
	ACQUIROR:	 
	 	 
	CHURCHILL CAPITAL CORP	 
	 	 	 
	By:	/s/ Michael S. Klein	 
	Name:	Michael S. Klein	 
	Title:	 	 
	 	 	 
	COMPANY:	 
	 	 
	CAMELOT HOLDINGS (JERSEY) LIMITED	 
	 	 	 
	By:	/s/ Paul Edwards	 
	Name:	Paul Edwards	 
	Title:	Director	 
	 	 	 
	HOLDINGS:	 
	 	 
	CLARIVATE ANALYTICS PLC	 
	 	 	 
	By:	/s/ Paul Edwards	 
	Name:	Paul Edwards	 
	Title:	Director	 

 

[Signature Page to Sponsor Agreement]Exhibit 10.6

 

EXECUTION VERSION

 

CLARIVATE ANALYTICS PLC

 

AMENDED AND RESTATED

SHAREHOLDERS AGREEMENT

 

Dated as of January 14, 2019

 

     

     

    

 

Table
of Contents

 

	 	 	Page
	 	 	 
	ARTICLE I Certain Definitions	1
	 	 	 
	SECTION 1.1	Definitions	1
	 	 	 
	SECTION 1.2	Other Interpretive Provisions	5
	 	 	 
	ARTICLE II Corporate Governance	6
	 	 	 
	SECTION 2.1	Management	6
	 	 	 
	SECTION 2.2	Removal	8
	 	 	 
	SECTION 2.3	Vacancies	8
	 	 	 
	SECTION 2.4	Covenant to Vote	9
	 	 	 
	SECTION 2.5	Restrictions on Other Agreements	9
	 	 	 
	SECTION 2.6	Committees	9
	 	 	 
	SECTION 2.7	Additional Management Provisions	9
	 	 	 
	ARTICLE III Transfers of Shares	10
	 	 	 
	SECTION 3.1	Restrictions on Transfer	10
	 	 	 
	SECTION 3.2	Other Restricted Transfers	10
	 	 	 
	SECTION 3.3	Endorsement of Certificates	10
	 	 	 
	SECTION 3.4	Improper Transfer	11
	 	 	 
	ARTICLE IV Shareholders’ Rights AND OBLIGATIONS	11
	 	 	 
	SECTION 4.1	Tag-Along Rights	11
	 	 	 
	SECTION 4.2	Redemptions; Payment of Dividends	13
	 	 	 
	ARTICLE V Representations and Warranties	13
	 	 	 
	SECTION 5.1	Existence; Authority; Enforceability	13
	 	 	 
	SECTION 5.2	Absence of Conflicts	14
	 	 	 
	SECTION 5.3	Consents	14
	 	 	 
	ARTICLE VI Miscellaneous	14
	 	 	 
	SECTION 6.1	Information Rights; Books and Records; Inspection	14
	 	 	 
	SECTION 6.2	Freedom to Pursue Opportunities	15
	 	 	 
	SECTION 6.3	Termination	15
	 	 	 
	SECTION 6.4	Publicity and Confidentiality	15
	 	 	 
	SECTION 6.5	Acknowledgment	16
	 	 	 
	SECTION 6.6	Successors and Assigns; Benefit	16
	 	 	 
	SECTION 6.7	Severability	16

 

     -i- 

     

    

 

Table
of Contents

(continued)

 

	 	 	Page
	 	 	 
	SECTION 6.8	Amendment and Modification; Waiver of Compliance; Conflicts	16
	 	 	 
	SECTION 6.9	Notices	16
	 	 	 
	SECTION 6.10	Sponsor Agreements	17
	 	 	 
	SECTION 6.11	Entire Agreement	17
	 	 	 
	SECTION 6.12	Conflict with Articles	18
	 	 	 
	SECTION 6.13	Withholding	18
	 	 	 
	SECTION 6.14	Recapitalizations, Exchanges, Etc., Affecting the Shares; New Issuances	18
	 	 	 
	SECTION 6.15	Choice of Law; Remedies; Submission to Jurisdiction; Waiver of Jury Trial	18
	 	 	 
	SECTION 6.16	Counterparts	19
	 	 	 
	SECTION 6.17	Further Assurances; Company Logo	19
	 	 	 
	SECTION 6.18	Effectiveness	20
	 	 	 
	SECTION 6.19	Enforcement	20

  

     -ii- 

     

    

 

EXHIBITS

 

	Exhibit A	Shareholder Schedule
	 	 
	Exhibit B	Supplemental Signature Page

  

     

     

    

 

AMENDED
AND RESTATED SHAREholders AGREEMENT

 

THIS AMENDED AND RESTATED
SHAREHOLDERS AGREEMENT, dated as of January 14, 2019, is made by and among (i) Camelot Holdings (Jersey) Limited, a private limited
company organized under the laws of the Island of Jersey (“CHJL”), (ii) Clarivate Analytics PLC, a public limited
company organized under the laws of the Island of Jersey (the “Company”), (iii) the parties listed under the
heading “Onex Shareholders” on the Shareholder Schedule as of the date hereof (collectively, the “Initial
Onex Shareholders”), (iv) the party listed under the heading “Baring Shareholders” on the Shareholder Schedule
as of the date hereof (the “Initial Baring Shareholder”) and (v) the individuals listed from time to time under
the heading “Management Shareholders” on the Shareholder Schedule (the “Management Shareholders”).

 

RECITALS

 

WHEREAS, the Company,
CHJL, Churchill Capital Corp, a Delaware corporation, CCC Merger Sub, Inc., a Delaware corporation, and Camelot Merger Sub (Jersey)
Limited, a private limited company organized under the laws of the Island of Jersey, are party to that certain Agreement and Plan
of Merger, dated January 14, 2019 (as the same may be subsequently amended or modified, the “Merger Agreement”);

 

WHEREAS, CHJL, the
Initial Onex Shareholders, the Initial Baring Shareholder and the Management Shareholders are party to the Shareholders Agreement,
dated October 3, 2016, of CHJL (the “Prior Agreement”);

 

WHEREAS, as a result
of the consummation of the transactions contemplated by the Merger Agreement, the Initial Onex Shareholders, the Initial Baring
Shareholder and the Management Shareholders will become shareholders of the Company and will cease to be shareholders of CHJL,
and CHJL will become a wholly owned Subsidiary (as defined below) of the Company; and

 

WHEREAS, in connection
with the consummation of the transactions contemplated by the Merger Agreement, the Shareholders (as defined below) and CHJL desire
to amend and restate the Prior Agreement in its entirety as set forth herein, and the Company desires to enter into this Agreement,
in each case, effective as of the Closing (as defined below).

 

NOW, THEREFORE, in
consideration of the foregoing, and the mutual agreements and understandings set forth herein, and for other good and valuable
consideration, the receipt and adequacy of which is hereby acknowledged, the parties hereto, intending to be legally bound, hereby
agree as follows:

 

AGREEMENT

 

ARTICLE
I

Certain Definitions

 

SECTION 1.1  Definitions.
As used in this Agreement, the following terms shall have the following respective meanings:

 

     

     

    

  

“Affiliate”
shall mean, with respect to any specified Person, any other Person that directly or indirectly controls, is controlled by, or is
under common control with, such specified Person. As used in this definition, the term “control” shall mean the possession,
directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through
the ownership of voting securities, by contract or otherwise. “Affiliates” with respect to the Onex Shareholders and
the Baring Shareholders, respectively, shall not include the Company or its Subsidiaries.

 

“Agreement”
shall mean this Amended and Restated Shareholders Agreement as in effect on the date hereof and as hereafter from time to time
amended, modified or supplemented in accordance with the terms hereof.

 

“Articles”
shall mean the articles of association of the Company as in effect on the date hereof and as hereafter from time to time amended
in accordance with the terms hereof and thereof and pursuant to applicable law.

 

“Baring”
shall mean Baring Private Equity Asia Group Limited, a Cayman Islands exempted company.

 

“Baring Directors”
shall mean an individual elected to the Board of Directors that has been nominated or appointed by the Baring Shareholders pursuant
to this Agreement. For the avoidance of doubt, each of Nicholas Macksey and one additional Baring Nominee to be designated by the
Baring Shareholders prior to the Closing shall be deemed to have been nominated or appointed, as applicable, by the Baring Shareholders
pursuant to this Agreement.

 

“Baring Nominee”
shall have the meaning set forth in Section 2.1(a).

 

“Baring Shareholders”
shall mean (i) the Initial Baring Shareholder and its Permitted Transferees and (ii) any Affiliate of the Initial Baring Shareholder
that hereafter acquires any Company Shares.

 

“Beneficially
Own” shall have the meaning ascribed to it in Section 13(d) of the Exchange Act.

 

“Blue Sky”
shall mean state securities regulation and requirements.

 

“Board of
Directors” shall mean the board of directors of the Company, as duly constituted in accordance with this Agreement, the
Articles and applicable law.

 

“CHJL”
shall have the meaning specified in the Preamble.

 

“Closing”
shall have the meaning specified in the Merger Agreement.

 

“Code”
shall mean the United States Internal Revenue Code of 1986, as amended.

 

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

 

    	 	2	 

     

    

  

“Company Shares”
shall mean the ordinary shares of no par value in the capital of the Company and any shares or other securities into or for which
such shares are hereafter converted or exchanged.

 

“Consulting
Services Agreements” shall mean those certain consulting services agreements, dated as of October 3, 2016, entered into
by Camelot UK Bidco Limited, a private limited liability company organized under the laws of England and Wales, with each of Onex
and Baring, in each case, as amended.

 

“Date of Delivery”
shall mean, for purposes of Article IV, the date that a particular notice is received or deemed to be received in accordance
with Section 6.9.

 

“Director”
shall mean a member of the Board of Directors.

 

“ERISA”
means the Employee Retirement Income Security Act of 1974, as amended,

 

“Exchange
Act” shall mean the U.S. Securities Exchange Act of 1934, as amended, or any similar federal statute then in effect,
and a reference to a particular section thereof shall include a reference to the comparable section, if any, of such similar federal
statute and the rules and regulations thereunder.

 

“Initial Baring
Shareholder” shall have the meaning specified in the Preamble.

 

“Initial Baring
Shares” shall mean the aggregate Company Shares Beneficially Owned by the Baring Shareholders immediately following the
Closing.

 

“Initial Onex
Shareholders” shall have the meaning specified in the Preamble.

 

“Investor
Directors” shall mean the Baring Directors and the Onex Directors.

 

“Investor
Shareholders” shall mean the Baring Shareholders and the Onex Shareholders.

 

“Initial Shares”
shall mean the aggregate Company Shares Beneficially Owned by the Investor Shareholders immediately following the Closing.

 

“Jersey Companies
Law” means the Companies (Jersey) Law 1991.

 

“Management
Shareholders” shall have the meaning set forth in the Preamble.

 

“Merger Agreement”
shall have the meaning specified in the Recitals.

 

“Necessary
Action” shall mean, with respect to a specified result, all actions (to the extent such actions are permitted by law
and do not conflict with the terms of this Agreement) necessary to cause such result, including (i) voting or providing a written
consent or proxy with respect to the Company Shares, (ii) causing the adoption of shareholders’ resolutions and amendments
to the Articles, (iii) executing agreements and instruments, (iv) causing the members of the Board of Directors to take such actions
(to the extent allowed by Jersey Companies Law and Delaware Law) and/or (v) making, or causing to be made, with governmental, administrative
or regulatory authorities, all filings, registrations, publications or similar actions that are required to achieve such result.

 

    	 	3	 

     

    

  

“Nominee”
shall have the meaning set forth in Section 2.1(a).

 

“Onex”
shall mean Onex Partners Advisor LP, a Delaware limited partnership.

 

“Onex Directors”
shall mean an individual elected to the Board of Directors that has been nominated or appointed by the Onex Shareholders pursuant
to this Agreement. For the avoidance of doubt, each of Anthony Munk, Kosty Gilis, Paul Edwards, Jay Nadler, Karen Mills and two
additional Onex Nominees to be designated by the Onex Shareholders prior to the Closing shall be deemed to have been nominated
or appointed, as applicable, by the Onex Shareholders pursuant to this Agreement.

 

“Onex Nominee”
shall have the meaning set forth in Section 2.1(a).

 

“Onex Shareholders”
shall mean (i) the Initial Onex Shareholders and their Permitted Transferees, (ii) any Affiliate of the Initial Onex Shareholders
that hereafter acquires any Company Shares and (iii) any Person that hereafter acquires any Company Shares from one or more Onex
Shareholders in a Transfer to which Section 4.1 applies.

 

“Permitted
Transferee” shall mean (i) in the case of any Shareholder that is not an individual, any Affiliate of such Shareholder
(including existing affiliated investment funds or vehicles that at all times remain Affiliates) and (ii) in the case of any Shareholder
who is an individual, (A) any successor by death or (B) any trust, partnership, limited liability company or similar entity solely
for the benefit of such individual or such individual’s spouse or lineal descendants, provided that such individual acts
as trustee, general partner or managing member and retains the sole power to direct the voting and disposition of the transferred
Company Shares.

 

“Person”
shall be interpreted broadly and shall include any individual, corporation, company, limited liability company, association, partnership,
joint venture, organization, business, trust, or any other entity or organization, including a government or governmental entity
or department, agency or political subdivision thereof.

 

“Prior Agreement”
shall have the meaning specified in the Recitals.

 

“Public Offering”
shall have the meaning set forth in the Registration Rights Agreement.

 

“Registration
Rights Agreement” shall mean the Amended and Restated Registration Rights Agreement to be entered into by and among the
Company, the Initial Onex Shareholders, the Initial Baring Shareholder, the Management Shareholders and the other parties thereto,
as amended, modified or supplemented from time to time in accordance with the terms thereof.

 

“Representatives”
shall have the meaning specified in Section 6.4.

 

“Restricted
Period” shall mean the period from and including the date of this Agreement to and including October 3, 2021.

 

    	 	4	 

     

    

  

“Sale Notice”
shall have the meaning specified in Section 4.1(b).

 

“SEC”
shall mean the U.S. Securities and Exchange Commission.

 

“Securities
Act” shall mean the U.S. Securities Act of 1933, as amended, or any similar federal statute then in effect, and in reference
to a particular section thereof shall include a reference to the comparable section, if any, of any such similar federal statute
and the rules and regulations thereunder.

 

“Shareholder”
shall mean any of the Onex Shareholders, the Baring Shareholders, the Management Shareholders and any Permitted Transferee of any
such Person or other transferee of Company Shares who becomes a party to or bound by the provisions of this Agreement in accordance
with the terms hereof.

 

“Shareholder
Schedule” shall mean the Shareholder Schedule attached as Exhibit A hereto, as the same may be amended or modified
from time to time.

 

“Subsidiary”
shall mean, with respect to any specified Person, any other Person of which (i) a majority of shares of stock or other equity or
economic interests are owned or controlled, directly or indirectly, through one or more intermediaries, by such specified Person
or (ii) the outstanding shares of stock or other equity interests having voting power at such time to elect a majority of the board
of directors or other comparable governing body of such Person, or to otherwise control such Person, are at the time owned or controlled
by, directly or indirectly, one or more intermediaries, or both, by such specified Person.

 

“Tag-Along
Notice” shall have the meaning specified in Section 4.1(c).

 

“Tag-Along
Right” shall have the meaning specified in Section 4.1(a).

 

“Tag-Along
Shareholders” shall have the meaning specified in Section 4.1(a).

 

“Third Party
Terms” shall mean (i) the name of the proposed transferee in a Transfer and the number of Company Shares proposed
to be transferred in such Transfer, (ii) the proposed amount, type and form of per share consideration and the terms and conditions
of payment offered by such transferee and (iii) a summary of any other material terms pertaining to such Transfer.

 

“Transfer”
shall have the meaning set forth in Section 3.1.

 

“Transferring
Shareholder” shall have the meaning specified in Section 4.1(a).

 

SECTION 1.2  Other
Interpretive Provisions. (a) The meanings of defined terms are equally applicable to the singular and plural forms of the
defined terms.

 

(b) The words “hereof”,
“herein”, “hereunder” and similar words refer to this Agreement as a whole and not to any particular provision
of this Agreement; and any subsection and Section references are to this Agreement unless otherwise specified.

 

    	 	5	 

     

    

  

(c) The term “including”
is not limiting and means “including without limitation.”

 

(d) The captions and
headings of this Agreement are for convenience of reference only and shall not affect the interpretation of this Agreement.

 

(e) Whenever the context
requires, any pronouns used herein shall include the corresponding masculine, feminine or neuter forms.

 

(f) The term “business
day” means any date except Saturday or Sunday on which commercial banks are not required or authorized to close in New York,
New York, United States or Jersey.

 

ARTICLE
II

Corporate Governance

 

SECTION 2.1  Management.
(a) Subject to the terms and conditions of this Agreement, from and after the Closing, (i) the Onex Shareholders shall have the
right to designate up to seven (7) persons to be appointed or nominated, as the case may be, for election to the Board of Directors
(including any successor, each, an “Onex Nominee”) and (ii) the Baring Shareholders shall have the right to
designate up to two (2) persons to be appointed or nominated, as the case may be, for election to the Board of Directors (including
any successor, each, a “Baring Nominee” and, together with the Onex Nominees, each a “Nominee”),
in each case, by giving written notice to the Company not later than ten (10) days after such Shareholders’ receipt of written
notice of the date of the applicable meeting of shareholders from the Company; provided, however, the initial Nominees
shall be appointed as set forth in Section 2.1(b).

 

(b) The Company and
the Investor Shareholders shall take all Necessary Action such that, as of the Closing: (i) the size of the Board of Directors
shall be set at fourteen (14) members; and (ii) the following persons, including the seven (7) Onex Nominees and the two (2) Baring
Nominees, shall form the composition of the Board of Directors: (x) Jerre Stead, Nicholas Macksey, Anthony Munk, Kosty Gilis and
Karen Mills to be designated by the Onex Shareholders prior to the Closing, each of whom shall be appointed as Class III Directors
with terms ending at the third Annual Meeting of Shareholders following the Closing; (y) Jay Nadler, Paul Edwards, Michael Klein
and one (1) additional Baring Nominee to be designated by the Baring Shareholders prior to the Closing, each of whom shall be appointed
as Class II Directors with terms ending at the second Annual Meeting of Shareholders following the Closing; and (z) Bala Iyer,
Martin Broughton, Sheryl von Blucher and two (2) additional Onex Nominees to be designated by the Onex Shareholders prior to the
Closing, each of whom shall be appointed as Class I Directors with terms ending at the first Annual Meeting of Shareholders following
the Closing.

 

(c) Subject to the
terms and conditions of this Agreement, from and after the Closing, the Company and the Investor Shareholders shall, as promptly
as practicable, take all Necessary Action so that:

 

    	 	6	 

     

    

  

(i)          for
so long as the Investor Shareholders Beneficially Own, in the aggregate, a number of Company Shares equal to or greater than seventy
percent (70%) of the total number of Initial Shares, the Investor Shareholders shall have the right to nominate, in the aggregate,
a number of Nominees equal to nine (9) less the number of Investor Directors who are not up for election;

 

(ii)         for
so long as the Investor Shareholders Beneficially Own, in the aggregate, a number of Company Shares equal to or greater than sixty
five percent (65%) of the total number of Initial Shares, the Investor Shareholders shall have the right to nominate, in the aggregate,
a number of Nominees equal to eight (8) less the number of Investor Directors who are not up for election;

 

(iii)        for
so long as the Investor Shareholders Beneficially Own, in the aggregate, a number of Company Shares equal to or greater than sixty
percent (60%) of the total number of Initial Shares, the Investor Shareholders shall have the right to nominate, in the aggregate,
a number of Nominees equal to seven (7) less the number of Investor Directors who are not up for election;

 

(iv)        for
so long as the Investor Shareholders Beneficially Own, in the aggregate, a number of Company Shares equal to or greater than fifty
five percent (55%) of the total number of Initial Shares, the Investor Shareholders shall have the right to nominate, in the aggregate,
a number of Nominees equal to six (6) less the number of Investor Directors who are not up for election;

 

(v)         for
so long as the Investor Shareholders Beneficially Own, in the aggregate, a number of Company Shares equal to or greater than fifty
percent (50%) of the total number of Initial Shares, the Investor Shareholders shall have the right to nominate, in the aggregate,
a number of Nominees equal to five (5) less the number of Investor Directors who are not up for election;

 

(vi)        for
so long as the Investor Shareholders Beneficially Own, in the aggregate, a number of Company Shares equal to or greater than forty
percent (40%) of the total number of Initial Shares, the Investor Shareholders shall have the right to nominate, in the aggregate,
a number of Nominees equal to four (4) less the number of Investor Directors who are not up for election;

 

(vii)       for
so long as the Investor Shareholders Beneficially Own, in the aggregate, a number of Company Shares equal to or greater than thirty
percent (30%) of the total number of Initial Shares, the Investor Shareholders shall have the right to nominate, in the aggregate,
a number of Nominees equal to three (3) less the number of Investor Directors who are not up for election;

 

(viii)      for
so long as the Investor Shareholders Beneficially Own, in the aggregate, a number of Company Shares equal to or greater than twenty
percent (20%) of the total number of Initial Shares, the Investor Shareholders shall have the right to nominate, in the aggregate,
a number of Nominees equal to two (2) less the number of Investor Directors who are not up for election; and

 

    	 	7	 

     

    

  

(ix)         for
so long as the Investor Shareholders Beneficially Own, in the aggregate, a number of Company Shares equal to or greater than seven
and one half percent (7.5%) of the total number of Initial Shares, the Investor Shareholders shall have the right to nominate,
in the aggregate, a number of Nominees equal to one (1) less the number of Investor Directors who are not up for election;

 

provided, however, that as
between the Onex Shareholders and the Baring Shareholders, (A) for so long as the Baring Shareholders Beneficially Own, in the
aggregate, a number of Company Shares equal to or greater than fifty percent (50%) of the total number of Initial Baring Shares,
the Baring Shareholders shall have the right to nominate, in the aggregate, a number of Nominees equal to two (2) less the number
of Baring Directors who are not up for election, and (B) for so long as the Baring Shareholders Beneficially Own, in the aggregate,
a number of Company Shares equal to or greater than twenty percent (20%) of the total number of Initial Baring Shares, the Baring
Shareholders shall have the right to nominate, in the aggregate, a number of Nominees equal to one (1) less the number of Baring
Directors who are not up for election, and, in each case, the Onex Shareholders shall have the right to nominate, in the aggregate,
the other Nominees; provided, further, that for so long as the Onex Shareholders are entitled to nominate at least
five (5) Onex Nominees, one of the Onex Nominees shall be the Chief Executive Officer of the Company.

 

(d) Subject to the
Articles, an Onex Director or Baring Director may be removed from the Board of Directors or any comparable position from a Subsidiary
board only upon the written request of the Onex Shareholders or Baring Shareholders, as applicable, entitled to designate such
individual pursuant to this Section 2.1.

 

(e) Any Director may
resign at any time upon notice to the Company. Directors need not be Shareholders.

 

(f) The Company shall
cause the Directors to be reimbursed for all reasonable out-of-pocket expenses incurred in connection with their attendance at
meetings of the Board of Directors and any committees thereof, including travel, lodging and meal expenses, and the Company may
provide reasonable compensation for service of Directors who are not full-time employees of (x) Onex or Baring or either of their
respective Affiliates or (y) the Company or its Subsidiaries, in each case, to the extent permitted by the Jersey Companies Law.

 

SECTION 2.2  Removal.
If any Investor Shareholder or group of Investor Shareholders that is entitled to designate an Onex Director or Baring Director,
as applicable, hereunder notifies the Company and the other Investor Shareholders that such Investor Shareholder or group of Investor
Shareholders desires to remove any Onex Director or Baring Director, as applicable, previously designated by such Investor Shareholder
or group of Investor Shareholders, with or without cause, then such Director shall be removed from the Board of Directors and
the parties shall take all Necessary Action to cause such removal of such Director, including voting all Company Shares in favor
of, or executing a written consent authorizing, such removal.

 

SECTION 2.3  Vacancies.
In the event that a vacancy is created on the Board of Directors at any time by the death, disability, retirement, resignation
or removal of any Onex Director or Baring Director, each party shall take all Necessary Action as will result in the election
or appointment as a Director of an individual designated to fill such vacancy and serve as a Director by the Onex Shareholders
or Baring Shareholders, as applicable, that had, pursuant to Section 2.1, designated the Director whose death, disability,
retirement, resignation or removal resulted in such vacancy on the Board of Directors.

 

    	 	8	 

     

    

  

SECTION 2.4  Covenant
to Vote. The Company hereby agrees to take all Necessary Action to call, or cause the Board of Directors to call, a meeting
of shareholders of the Company as may be necessary to cause the election as Directors of those individuals so designated in accordance
with the provisions of this Article II. Each Investor Shareholder hereby agrees to take all Necessary Action to, and to
vote all Company Shares owned or held of record by such Investor Shareholder at any such meeting of shareholders of the Company,
or take all actions by written consent in lieu of any such meeting as may be necessary, to cause the Company to elect as Directors
those individuals included in the slate of nominees proposed by the Board of Directors to the Company’s shareholders for
each election of Directors, including the Nominees designated in accordance with this Article II, and to otherwise effect
the intent of the provisions of this Article II.

 

SECTION 2.5  Restrictions
on Other Agreements. No Investor Shareholder shall grant any proxy or enter into or agree to be bound by any voting trust
with respect to the Company Shares nor shall any Investor Shareholder enter into any other agreements or arrangements of any kind
with any Person with respect to the Company Shares on terms which conflict with the provisions of this Agreement (whether or not
such proxy, voting trust, agreements or arrangements are with other Shareholders that are not parties to this Agreement or otherwise).

 

SECTION 2.6  Committees.
In accordance with the Articles, the Board of Directors may from time to time by resolution establish and maintain one or more
committees of the Board of Directors, each committee to consist of one or more Directors. The Company shall notify the Onex Shareholders
in writing of any new committee of the Board of Directors to be established at least five (5) days prior to the effective establishment
of such committee. If requested by the Onex Shareholders, the Company shall take all necessary steps within its control to cause
at least one Onex Director as requested by the Onex Shareholders to be appointed as a member of each such committee of the Board
of Directors unless such designation would violate any legal restriction on such committee’s composition or the rules and
regulations of any applicable exchange on which the Company’s securities may be listed (subject, in each case, to any applicable
exceptions, including those for “controlled companies” and any applicable phase-in periods). This Section 2.6
shall automatically terminate and be of no further force and effect when the Investor Shareholders are no longer entitled to nominate
three (3) or more Nominees.

 

SECTION 2.7  Additional
Management Provisions. The parties hereby agree, notwithstanding anything to the contrary in any other agreement and to the
fullest extent permitted by law, that when the Onex Shareholders and/or the Baring Shareholders take any action under this Agreement
to give or withhold their consent in their respective capacity as the Shareholders, the Onex Shareholders and/or the Baring Shareholders,
as applicable, shall have no duty (fiduciary or other) to consider the interests of the Company or its Subsidiaries or the other
Company shareholders and may act exclusively in its own interest and shall have only the duty to act in good faith and engage
in fair dealing; provided, however, that notwithstanding anything contained in this Section 2.7, this Section
2.7 shall in no way affect the obligations of the parties hereto to comply with the provisions of this Agreement and the Articles
or affect the duties of the Directors. Each party hereby waives, to the fullest extent permitted by law, all claims, actions or
other rights to which such party might otherwise be entitled and agrees not to bring any claim or action (in law or equity) (other
than with respect to breaches of contractual provisions under this Agreement) against any Onex Shareholder, any Baring Shareholder,
the Company or any of the Company's Subsidiaries in connection with (a) a failure to fulfill a duty (fiduciary or other) to consider
the interests of the Company, the Company's Subsidiaries or the other Company shareholders when taking any actions under this
Agreement in accordance with the prior sentence in their capacity as Shareholders or (b) such Onex Shareholder’s or such
Baring Shareholder’s actions taken in pursuit of its own interests ahead of the interests of the Company, the Company’s
Subsidiaries or the other Shareholders; provided, in each case, that such Onex Shareholder or such Baring Shareholder,
as applicable, has taken such actions in good faith and engaged in fair dealing.

 

    	 	9	 

     

    

  

ARTICLE
III

Transfers of Shares

 

SECTION 3.1  Restrictions
on Transfer. Each Shareholder agrees that it will not, directly or indirectly, whether by operation of law or otherwise, offer,
sell, transfer, assign or otherwise dispose of (or make any exchange, gift, assignment, charge or pledge of) any Company Shares
or any rights or interests therein (collectively, a “Transfer”), except (a) with the prior written consent
of the Onex Shareholders and the Baring Shareholders, (b) as provided in Section 4.1, (c) to any Permitted Transferee of
such Shareholder, (d) following the expiration of the Restricted Period and subject to Section 4.1, Transfers by the Onex
Shareholders, (e) in a Public Offering or (f) following the Closing, any Transfer by any Management Shareholder that is approved
with the prior written consent of the Board of Directors; provided, that, in the case of each of the foregoing clauses
(a), (b), (c) and (d), the transferee in question becomes a party to this Agreement and agrees to be bound hereby by executing
a supplemental signature page to this Agreement in the form attached hereto as Exhibit B; provided, further,
that each Investor Shareholder agrees that it will not, directly or indirectly, whether by operation of law or otherwise, Transfer
any Company Shares during the one hundred eighty (180) day period after the Closing (other than any Transfer to a Permitted Transferee
of such Investor Shareholder).

 

SECTION 3.2  Other
Restricted Transfers. Notwithstanding Section 3.1, no Shareholder shall be entitled to Transfer its Company Shares
at any time if such Transfer would:

 

(a) violate Jersey
laws (including the Jersey Companies Law), the Securities Act, the Exchange Act or Blue Sky laws applicable to the Company or the
Company Shares;

 

(b) cause the Company
to become subject to the registration requirements of the U.S. Investment Company Act of 1940, as amended from time to time; or

 

(c) be a “prohibited
transaction” under ERISA or the Code or cause all or any portion of the assets of the Company to constitute “plan assets”
under ERISA or Section 4975 of the Code.

 

SECTION 3.3  Endorsement
of Certificates. (a) In addition to any other legend which the Company may deem advisable under Jersey laws (including the
Jersey Companies Law) or the Securities Act, all certificates, if any, representing issued and outstanding Company Shares shall
bear the following legend:

 

    	 	10	 

     

    

  

THE SECURITIES REPRESENTED BY
THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), AND MAY NOT BE
SOLD OR TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND SUCH LAWS OR AN EXEMPTION FROM THE
REGISTRATION REQUIREMENTS THEREOF.

 

THE SECURITIES REPRESENTED HEREBY
ARE SUBJECT TO ADDITIONAL RESTRICTIONS ON TRANSFER AND CERTAIN OTHER AGREEMENTS SET FORTH IN AN AMENDED AND RESTATED SHAREHOLDERS
AGREEMENT BETWEEN THE ISSUER AND THE INITIAL HOLDER HEREOF DATED AS OF JANUARY 14, 2019. A COPY OF SUCH AGREEMENT SHALL BE FURNISHED
WITHOUT CHARGE BY THE ISSUER TO THE HOLDER HEREOF UPON WRITTEN REQUEST.

 

(b) All certificates,
if any, representing Company Shares hereafter issued to or acquired by any of the Shareholders or their successors hereto shall
bear the legend set forth above.

 

SECTION 3.4  Improper
Transfer. (a) Any attempt to Transfer or encumber any Company Shares not in accordance with this Agreement shall be null and
void and neither the Company nor any transfer agent of such securities shall give any effect to such attempted Transfer or encumbrance
in its Company Share register.

 

(b) If any Shareholder
Transfers any Company Shares to any Permitted Transferee that is an Affiliate of such Shareholder pursuant to Section 3.1(c)
and such Permitted Transferee subsequently ceases to be an Affiliate of such Shareholder at any time thereafter, then such Company
Shares shall automatically be Transferred back to such initial Shareholder without any action on the part of such initial Shareholder
or Permitted Transferee.

 

ARTICLE
IV

Shareholders’ Rights AND OBLIGATIONS

 

SECTION 4.1  Tag-Along
Rights. (a) At any time following the expiration of the Restricted Period, if one or more Onex Shareholders propose to Transfer
(other than a Transfer (x) to any Permitted Transferee of such Onex Shareholder or (y) in a Public Offering or in a distribution
to the public under Rule 144 of the Securities Act) all or any portion of the Company Shares then held by such Onex Shareholder(s)
(the Onex Shareholder(s) proposing such Transfer being the “Transferring Shareholder”), then the provisions
of this Section 4.1 shall apply. In such event, the Baring Shareholders (the “Tag-Along Shareholders”)
shall have the right (the “Tag-Along Right”) to sell in their discretion up to the same percentage of such
Tag-Along Shareholders’ Company Shares as the Transferring Shareholder is proposing to sell in such Transfer by requesting
that the transferee in such Transfer purchase from each such Tag-Along Shareholder up to the number of Company Shares equal to
the number derived by multiplying (i) the total number of Company Shares that the transferee has agreed or committed to purchase
from the Transferring Shareholder by (ii) a fraction, the numerator of which is the total number of Company Shares owned
by such Tag-Along Shareholder, and the denominator of which is the total number of Company Shares then held by the Investor Shareholders.
Any Company Shares purchased from Tag-Along Shareholders pursuant to this Section 4.1(a) shall be purchased upon the
same terms and conditions (including timing of purchase and payment and the type and form of consideration) as such proposed Transfer
by such Transferring Shareholder.

 

    	 	11	 

     

    

  

(b) If any Onex Shareholder
proposes to make a Transfer triggering the Tag-Along Right, such Transferring Shareholder shall send a written notice (each, a
“Sale Notice”) to all Tag-Along Shareholders at least thirty (30) days prior to the date on which such Transferring
Shareholder expects to consummate such Transfer. Each Sale Notice shall set forth the Third Party Terms applicable to the proposed
Transfer, the maximum number of Company Shares the Tag-Along Shareholder to whom the Sale Notice is delivered is entitled to sell
pursuant to the Tag-Along Right (including the calculation of such participant’s pro rata portion) and the anticipated
closing date of the Transfer, and shall be accompanied by a copy of any written documents reflecting the terms and conditions agreed
to by the Transferring Shareholder and the transferee.

 

(c) Each Tag-Along
Shareholder that desires to exercise the Tag-Along Right shall deliver a written notice (each, “Tag-Along Notice”)
to that effect to the Transferring Shareholder within twenty (20) days following receipt of the Sale Notice from such Transferring
Shareholder. The Tag-Along Notice shall state the number of Company Shares (not to exceed the amount determined in accordance with
Section 4.1(a)) that such Tag-Along Shareholder proposes to include in such Transfer, and shall constitute the Tag-Along
Shareholder’s binding agreement to sell its Company Shares on the terms and subject to the conditions as are specified in
or accompany the Sale Notice. If the transferee does not purchase the specified number of Company Shares from the Tag-Along Shareholders
on the same terms and conditions as specified in the Sale Notice and at the same time as the transferee purchases Company Shares
from such Transferring Shareholder, then such Transferring Shareholder shall not be entitled to sell any Company Shares in the
proposed Transfer unless such Transferring Shareholder or its designee substantially concurrently purchases from each such Tag-Along
Shareholder the number of Company Shares of such Tag-along Shareholder as is specified in its Tag-Along Notice, on the Third Party
Terms.

 

(d) At the closing
of the Transfer pursuant to this Section 4.1, the transferee shall remit to each Tag-Along Shareholder the consideration
for the Company Shares of such Tag-Along Shareholder sold pursuant hereto (less any such consideration to be escrowed or otherwise
held back in accordance with the Third Party Terms; provided, however, that such escrow or hold back is pro rata
among all sellers of Company Shares participating in such transaction based on the number of Company Shares being sold by each
such seller in the transaction), against delivery by such Tag-Along Shareholder of certificates (if any) representing such Company
Shares, duly endorsed for Transfer or with duly executed stock powers or similar instruments, or such other instrument of Transfer
of such Company Shares as may be reasonably requested by the transferee or the Company, and the compliance by such Tag-Along Shareholder
with any other conditions to closing generally applicable to all Investor Shareholders selling Company Shares in such transaction;
provided, that (i) no such condition shall require a Tag-Along Shareholder to undertake or agree to bear joint and several
liability with any other party thereto or to bear more than such Tag-Along Shareholder’s proportionate share of any indemnification
obligations or be liable in respect of any individual representations, covenants or warranties made solely with respect to another
Shareholder, including with respect to title, authority, non-contravention and power to transfer equity (in each case, other than
through a common escrow), (ii) no Tag-Along Shareholder shall be liable in respect of any post-closing indemnification in excess
of the aggregate amount of proceeds received by such Tag-Along Shareholder in connection with such Transfer and (iii) no such condition
shall require a Tag-Along Shareholder to enter into any agreement not to compete with the Company or any of its Subsidiaries, or
commit to any similar obligation, in connection with the Transfer.

 

    	 	12	 

     

    

  

(e) If any Transfer
described in a Sale Notice has not been consummated in accordance with the terms set forth in the Sale Notice within one hundred
and eighty (180) days after the Date of Delivery of the Sale Notice, or if (i) the terms of such proposed Transfer have been modified
in any respect that would increase the per share price or (ii) the other non-monetary terms of such proposed Transfer shall have
been changed in any material respect from those set forth in the Sale Notice, such Transfer may not be completed without first
providing a new Sale Notice to the Tag-Along Shareholders and allowing another opportunity for such Tag-Along Shareholders to elect
to exercise their Tag-Along Right set forth in this Section 4.1.

 

SECTION 4.2  Redemptions;
Payment of Dividends. Notwithstanding anything contained herein to the contrary, as between the Company and the Investor Shareholders,
if (i) the Company redeems any Company Shares held by any Investor Shareholder, then such redemption of Company Shares shall be
done on a pro rata basis from all Investor Shareholders based on the number of Company Shares held by each Investor Shareholder
and (ii) the Company pays any dividend or other distribution to the Investor Shareholders, other than in cash, each Investor Shareholder
shall receive the same type and form of payment, on the same timing.

 

ARTICLE
V

Representations and Warranties

 

Each of the parties
to this Agreement hereby represents and warrants to each other party to this Agreement that as of the date such party executes
this Agreement:

 

SECTION 5.1  Existence;
Authority; Enforceability. Such party has the power and authority to enter into this Agreement and to carry out its obligations
hereunder. If such party is not a natural person, such party is duly organized and validly existing under the laws of its jurisdiction
of organization, and the execution of this Agreement, and the consummation of the transactions contemplated herein, have been
authorized by all necessary action, and no other act or proceeding on its part is necessary to authorize the execution of this
Agreement or the consummation of any of the transactions contemplated hereby. This Agreement has been duly executed by such party
and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms except as enforcement
may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer and similar laws relating
to or affecting creditors’ rights generally, or by the general principles of equity.

 

    	 	13	 

     

    

  

SECTION 5.2  Absence
of Conflicts. The execution and delivery by such party of this Agreement and the performance of its obligations hereunder
does not and will not (i) conflict with, or result in the breach of, any provision of the constitutive documents of such party
(if applicable); (ii) result in any violation, breach, conflict, default or event of default (or an event which with notice,
lapse of time, or both, would constitute a default or event of default), or give rise to any right of acceleration or termination
or any additional payment obligation, under the terms of any contract, agreement or permit to which such party is a party or by
which such party’s assets or operations are bound or affected; or (iii) violate any law applicable to such party.

 

SECTION 5.3  Consents.
Other than any of those which have already been made or obtained, no consent, waiver, approval, authorization, exemption, registration,
license or declaration is required to be made or obtained by such party in connection with the execution, delivery or performance
of this Agreement.

 

ARTICLE
VI

Miscellaneous

 

SECTION 6.1  Information
Rights; Books and Records; Inspection. (a) The books and records of the Company shall be maintained in the Company’s
office in the United Kingdom and shall be available for inspection by the Investor Shareholders. The Company shall, and shall
cause its Subsidiaries to, (i) afford the Investor Shareholders and their respective agents access at all reasonable times to
its officers, employees, auditors, legal counsel, properties, offices and other facilities and to all of its books and records
and (ii) afford the Investor Shareholders and their respective agents with the opportunity to consult with its officers from time
to time as the Investor Shareholders may reasonably request regarding the affairs, finances and accounts of the Company and its
Subsidiaries.

 

(b) The Company shall
provide the Investor Shareholders with any and all financial and other information relating to its business (including financial
statements and other financial information, consistent with the form and timing such financial statement and information are regularly
produced by the Company) reasonably requested by the Investor Shareholders, including such information as may be necessary to comply
with regulatory or other governmental filings. Without limiting the generality of the foregoing, the Company shall cooperate with
the Investor Shareholders as reasonably requested in connection with the preparation and filing of any tax returns, the conduct
of any tax audits or other proceedings and the compliance with any other tax obligations relating to the Company and its Subsidiaries,
including by promptly providing the Investor Shareholders with any information and documentation reasonably necessary in connection
with such tax returns, audits, proceedings or other obligations.

 

(c) For so long as
this Agreement shall be in effect, this Agreement shall be made available for inspection by any Shareholder at the principal place
of business of the Company.

 

    	 	14	 

     

    

  

(d) Each Investor Shareholder
acknowledges that it is aware (and that its Representatives are aware or, upon receipt of any confidential, non-public information
regarding the Company, its Subsidiaries and its and their respective businesses, will be advised by such Shareholder) that (i)
any confidential, non-public information regarding the Company, its Subsidiaries and its and their respective businesses being
furnished to it or its Representatives may contain material, non-public information and (ii) the United States securities laws
prohibit any Persons who have material, non-public information about a company from purchasing or selling securities of such company
or from communicating such information to any Person under circumstances in which it is reasonably foreseeable that such Person
is likely to purchase or sell such securities in reliance upon such information.

 

SECTION 6.2  Freedom
to Pursue Opportunities. The parties expressly acknowledge and agree that: (i) the Onex Shareholders, the Baring Shareholders,
each Onex Director who is an employee of Onex or any Affiliate of Onex, each Baring Director who is an employee of Baring or any
Affiliate of Baring and their respective Affiliates shall have the right to, and shall have no duty (contractual or otherwise)
not to, directly or indirectly, engage in the same or similar business activities or lines of business as the Company or its Subsidiaries,
including those deemed to be competing with the Company or its Subsidiaries; and (ii) in the event that any Onex Shareholder,
any Baring Shareholder, any such Onex Director, any such Baring Director or any of their respective Affiliates acquires knowledge
of a potential transaction or matter that may be a corporate opportunity for both the Company or its Subsidiaries and such Shareholder,
Director or any other Person, the Shareholder, Director or Affiliate thereof, as applicable, shall have no duty (contractual or
otherwise) to communicate or present such corporate opportunity to the Company or its Subsidiaries, as the case may be, and, notwithstanding
any provision of this Agreement to the contrary, shall not be liable to the Company or its Subsidiaries or their respective Affiliates
or equityholders for breach of any duty (contractual or otherwise) by reason of the fact that such Shareholder, Director or Affiliate,
as applicable, directly or indirectly, pursues or acquires such opportunity for itself, directs such opportunity to another Person,
or does not present such opportunity to the Company or its Subsidiaries, unless, in the case of this clause (ii), such corporate
opportunity is expressly offered to an Onex Director or Baring Director in writing solely to such Person in his or her capacity
as a Director.

 

SECTION 6.3  Termination.
This Agreement shall terminate and be of no further force and effect upon the written agreement of the Company and the Investor
Shareholders (but only for so long as any Investor Shareholder holds any Company Shares) to terminate this Agreement; provided
that such termination shall not release any party of any liability for any breach of this Agreement occurring prior to such
termination.

 

SECTION 6.4  Publicity
and Confidentiality. Each Shareholder shall keep confidential this Agreement and shall not disclose, issue any press release
or otherwise make any public statement in connection herewith without the prior written consent of the Investor Shareholders (not
to be unreasonably withheld) unless so required by applicable law, any governmental authority or stock exchange rule or regulation
or for those provisions which are or will be replicated in the Articles or are otherwise publicly disclosed or made a matter of
public record; provided that no such written consent shall be required (and each Investor Shareholder shall be free to
release such information) for disclosures of such information or other confidential, non-public information regarding the Company,
its Subsidiaries and its and their respective businesses or otherwise to (i) each Investor Shareholder’s partners, members,
advisors, employees, agents, prospective investors, accountants or attorneys so long as such Persons agree to keep such information
confidential (such Persons, the “Representatives”) or (ii) any prospective purchaser of any Company Shares
from an Onex Shareholder, to the extent that such prospective purchaser agrees to keep such information confidential. Each party
agrees and acknowledges that the Onex Directors and the Baring Directors may share confidential, non-public information about
the Company and its Subsidiaries with the Onex Shareholders, the Baring Shareholders and each of their respective Representatives,
and otherwise in accordance with the immediately preceding sentence, subject to applicable law.

 

    	 	15	 

     

    

  

SECTION 6.5  Acknowledgment.
Each Shareholder acknowledges and agrees that the provisions of this Agreement have been reviewed and are understood by such Shareholder,
and expresses the will and intention of such Shareholder and agrees not to take any action to frustrate the purposes and provisions
of this Agreement.

 

SECTION 6.6  Successors
and Assigns; Benefit. Except as otherwise provided herein, all of the terms and provisions of this Agreement shall be binding
upon, shall inure to the benefit of and shall be enforceable by the respective successors and permitted assigns of the parties
hereto. The Company may not assign any of its rights hereunder other than by operation of law. If any transferee of any Shareholder
shall acquire any Company Shares, in any manner, whether by operation of law or otherwise, except in a Public Offering or in a
distribution to the public under Rule 144 of the Securities Act, such Company Shares shall be held subject to all of the terms
of this Agreement, and by taking and holding such Company Shares such Person shall be entitled to receive the benefits of and
be conclusively deemed to have agreed to be bound by and to comply with all of the terms and provisions of this Agreement. There
shall be no third-party beneficiaries to this Agreement.

 

SECTION 6.7  Severability.
In the event that any provision of this Agreement shall be invalid, illegal or unenforceable, such provision shall be construed
by limiting it so as to be valid, legal and enforceable to the maximum extent provided by law and the validity, legality and enforceability
of the remaining provisions shall not in any way be affected or impaired thereby.

 

SECTION 6.8  Amendment
and Modification; Waiver of Compliance; Conflicts. (a)  This Agreement may be amended only by a written instrument duly executed by the Company and the Investor Shareholders
(but only for so long as any Investor Shareholder holds any Company Shares); provided, however, that Exhibit A
to this Agreement may be amended at any time by the Company to add as a party hereto any Person that acquires any Company
Shares in compliance with the terms of this Agreement and executes a supplemental signature page hereto in the form attached as
Exhibit B.

 

(b) Except as otherwise
provided in this Agreement, any failure of any of the parties to comply with any obligation, covenant, agreement or condition herein
may be waived by the party entitled to the benefits thereof only by a written instrument signed by the party granting such waiver,
but such waiver or failure to insist upon strict compliance with such obligation, covenant, agreement or condition shall not operate
as a waiver of, or estoppel with respect to, any subsequent or other failure.

 

SECTION 6.9  Notices.
Any notice, request, claim, demand, document and other communication hereunder to any party shall be effective upon receipt (or
refusal of receipt) and shall be in writing and delivered personally or sent by facsimile, or first class mail, or by Federal
Express, United Parcel Service or other similar courier or other similar means of communication, as follows:

 

    	 	16	 

     

    

  

(i)          If
to the Company, addressed to it at Friars House, 160 Blackfriars Road, London, SE1 8EZ, United Kingdom, Attention: General Counsel;
with a copy (which shall not constitute notice) to Latham & Watkins LLP, 555 Eleventh Street, NW, Suite 1000, Washington, DC
20004; Attention: Paul Sheridan and Shaun Hartley; Facsimile: (202) 637-2201

 

(ii)         If
to the Onex Shareholders, addressed to Onex Partners, 161 Bay Street, Suite 4900, Toronto, ON M5J 2S1; Attention: Kosty Gilis and
Andrea Daly; Facsimile: (416) 362-5705; with a copy (which shall not constitute notice) to Latham & Watkins LLP, 555 Eleventh
Street, NW, Suite 1000, Washington, DC 20004; Attention: Paul Sheridan and Shaun Hartley; Facsimile: (202) 637-2201;

 

(iii)        If
to the Baring Shareholders, addressed to Baring Private Equity Asia Pte Limited, 50 Collyer Quay, #11-03/04 OUE Bayfront, Singapore
049321; Attention: Patrick Cordes and Nicholas Macksey; Facsimile: +65 6532 0660; with a copy (which shall not constitute notice)
to Ropes & Gray LLP, 191 N. Wacker Drive, 32nd Floor, Chicago, IL 60606; Attention: Neill Jakobe and Timothy Castelli;
Facsimile: (312) 845-5505;

 

(iv)        If
to a Shareholder other than the Onex Shareholders or the Baring Shareholders, to the address of such Shareholder set forth in the
share register of the Company;

 

or, in each case, to such other address
or facsimile number as such party may designate in writing to each other party hereto by written notice given in the manner specified
herein.

 

All such communications
shall be deemed to have been given, delivered or made when so delivered by hand or sent by facsimile (with confirmed transmission),
on the next business day if sent by overnight courier service (with confirmed delivery) or when received if sent by first class
mail.

 

SECTION 6.10  Sponsor
Agreements. The Investor Shareholders hereby agree to cause Onex and Baring to terminate each of the Consulting Services Agreements
in accordance with Section 8.04 of the Merger Agreement.

 

SECTION 6.11  Entire
Agreement. The provisions of this Agreement and the other writings referred to herein or delivered pursuant hereto which form
a part hereof contain the entire agreement among the parties hereto with respect to the subject transactions contemplated hereby
and thereby and supersede all prior oral and written agreements and memoranda and undertakings among the parties hereto with regard
to such subject matter.

 

    	 	17	 

     

    

  

SECTION 6.12  Conflict
with Articles. In the event of a conflict between the Articles and this Agreement, it is expressly agreed that as between
the Shareholders this Agreement shall prevail and the parties shall use reasonable best efforts to amend the Articles to be consistent
with this Agreement. In the event of a conflict between the provisions of Jersey law and this Agreement (or any conflict with
Delaware law), the parties shall cooperate to effectuate the provisions of this Agreement in accordance with, and take such actions
as may be required to satisfy, the requirements of Jersey law (or Delaware law, as applicable), including taking all Necessary
Action to fully effectuate the intents and purposes of this Agreement while satisfying any requirement of Jersey law (or Delaware
law, as applicable). For the avoidance of doubt, nothing contained in this Agreement shall be deemed to constitute an amendment
of the Articles or of any previous articles of association of the Company. Notwithstanding any other provisions of this Agreement,
to the extent not inconsistent with the Articles and the Jersey Companies Law (or Delaware law), the Company undertakes to be
bound by and comply with the terms and conditions of this Agreement insofar as the same relates to the Company and any Subsidiaries
of the Company and to act in all respects as contemplated by this Agreement.

 

SECTION 6.13  Withholding.
Notwithstanding anything to the contrary in this Agreement, the Company shall be entitled to deduct and withhold from any payment
made by it to any Shareholder such amounts, if any, as are required to be deducted and withheld under applicable tax law; provided,
that the Company shall (a) use commercially reasonable efforts to notify the applicable Investor Shareholder in writing of such
withholding no later than five (5) business days prior to the date on which the applicable payment is to be made and (b) cooperate
in good faith with such Investor Shareholder to allow the claiming of an available exemption from or reduction in any such deduction
or withholding. To the extent that any such amounts are withheld and paid over by the Company to the applicable taxing authority,
such amounts shall be treated as having been paid to the Shareholder in respect of which the withholding was made.

 

SECTION 6.14  Recapitalizations,
Exchanges, Etc., Affecting the Shares; New Issuances. The provisions of this Agreement shall apply, to the fullest extent
set forth herein, with respect to the Company Shares and to any and all equity or debt securities of the Company or any successor
or assign of the Company (whether by merger, amalgamation, consolidation, sale of assets, or otherwise) which may be issued in
respect of, in exchange for, or in substitution of, the Company Shares and shall be appropriately adjusted for any share dividends,
splits, reverse splits, combinations, subdivisions, reclassifications, recapitalizations, reorganizations and the like occurring
after the date hereof.

 

SECTION 6.15  Choice
of Law; Remedies; Submission to Jurisdiction; Waiver of Jury Trial. To the greatest extent permitted by Jersey law, this Agreement
and any suit, action or other proceeding arising out of or relating to this Agreement or any transaction contemplated hereby shall
be governed by and construed in accordance with the internal laws of the State of Delaware without giving effect to any choice
or conflict of law provision or rule (whether of such state or any other jurisdiction) that would cause the application of the
laws of any jurisdiction other than those of the State of Delaware.

 

EACH OF THE PARTIES
HERETO ACKNOWLEDGES AND AGREES THAT IN THE EVENT OF ANY BREACH OF THIS AGREEMENT, THE NON-BREACHING PARTY WOULD BE IRREPARABLY
HARMED AND COULD NOT BE MADE WHOLE BY MONETARY DAMAGES, AND THAT, IN ADDITION TO ANY OTHER REMEDY TO WHICH THEY MAY BE ENTITLED
AT LAW OR IN EQUITY, THE PARTIES SHALL BE ENTITLED TO SUCH EQUITABLE OR INJUNCTIVE RELIEF AS MAY BE APPROPRIATE. THE CHOICE OF
FORUM SET FORTH IN THIS SECTION BELOW SHALL NOT BE DEEMED TO PRECLUDE THE ENFORCEMENT OF ANY JUDGMENT OF A COURT DESCRIBED IN CLAUSE
(A) OF THIS SECTION BELOW, OR THE TAKING OF ANY ACTION UNDER THIS AGREEMENT TO ENFORCE SUCH A JUDGMENT, IN ANY OTHER APPROPRIATE
JURISDICTION.

 

    	 	18	 

     

    

 

IN THE EVENT ANY PARTY
TO THIS AGREEMENT COMMENCES ANY LITIGATION, PROCEEDING OR OTHER LEGAL ACTION IN CONNECTION WITH OR RELATING TO THIS AGREEMENT OR
ANY MATTERS DESCRIBED OR CONTEMPLATED HEREIN, THE PARTIES TO THIS AGREEMENT HEREBY (A) AGREE UNDER ALL CIRCUMSTANCES ABSOLUTELY
AND IRREVOCABLY TO INSTITUTE ANY SUCH LITIGATION, PROCEEDING OR OTHER LEGAL ACTION IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE
LOCATED IN WILMINGTON, DELAWARE, OR, IF UNDER APPLICABLE LAW EXCLUSIVE JURISDICTION IS VESTED IN THE U.S. FEDERAL COURTS, THE UNITED
STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE (AND APPELLATE COURTS THEREOF); (B) AGREE THAT IN THE EVENT OF ANY SUCH LITIGATION,
PROCEEDING OR ACTION, SUCH PARTIES WILL CONSENT AND SUBMIT TO THE PERSONAL JURISDICTION OF ANY SUCH COURT DESCRIBED IN CLAUSE (A)
OF THIS SECTION AND TO SERVICE OF PROCESS UPON THEM IN ACCORDANCE WITH THE RULES AND STATUTES GOVERNING SERVICE OF PROCESS (IT
BEING UNDERSTOOD THAT NOTHING IN THIS SECTION SHALL BE DEEMED TO PREVENT ANY PARTY FROM SEEKING TO REMOVE ANY ACTION TO THE UNITED
STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE); (C) AGREE TO WAIVE TO THE FULLEST EXTENT PERMITTED BY LAW ANY OBJECTION THAT
IT MAY NOW OR HEREAFTER HAVE TO THE VENUE OF ANY SUCH LITIGATION, PROCEEDING OR ACTION IN ANY SUCH COURT OR THAT ANY SUCH LITIGATION,
PROCEEDING OR ACTION WAS BROUGHT IN ANY INCONVENIENT FORUM; (D) AGREE, AFTER CONSULTATION WITH COUNSEL, TO WAIVE ANY RIGHTS TO
A JURY TRIAL TO RESOLVE ANY DISPUTES OR CLAIMS RELATING TO THIS AGREEMENT; (E) AGREE TO SERVICE OF PROCESS IN ANY SUCH LITIGATION,
PROCEEDING OR ACTION BY MAILING OF COPIES THEREOF TO SUCH PARTY AT ITS ADDRESS SET FORTH HEREIN FOR COMMUNICATIONS TO SUCH PARTY;
(F) AGREE THAT ANY SERVICE MADE AS PROVIDED HEREIN SHALL BE EFFECTIVE AND BINDING SERVICE IN EVERY RESPECT; AND (G) AGREE THAT
NOTHING HEREIN SHALL AFFECT THE RIGHTS OF ANY PARTY TO EFFECT SERVICE OF PROCESS IN ANY OTHER MANNER PERMITTED BY LAW.

 

SECTION 6.16  Counterparts.
This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together
shall constitute one and the same instrument.

 

SECTION 6.17  Further
Assurances; Company Logo. At any time or from time to time after the date hereof, the parties hereto agree to cooperate with
each other, and at the request of the Company and each of the Investor Shareholders, to execute and deliver any further instruments
or documents and to take all such further action as may be so reasonably requested in order to evidence or effectuate the provisions
of this Agreement and to otherwise carry out the intent of the parties hereunder. The Company hereby grants the Onex Shareholders,
the Baring Shareholders and their respective Affiliates permission to use the Company’s and each of its Subsidiaries’
name and logo in marketing materials related to their respective investment advisory or investment management businesses.

 

    	 	19	 

     

    

  

SECTION 6.18  Effectiveness.
This Agreement shall become effective solely upon (a) execution of this Agreement by each of the Company, CHJL and the Investor
Shareholders and (b) the consummation of the Closing. In the event that the Merger Agreement is terminated for any reason without
the Closing having occurred, this Agreement shall not become effective, shall be void ab initio and the Prior Agreement shall
continue in full force and effect without amendment or restatement.

 

SECTION 6.19  Enforcement.
The parties acknowledge and agree that, if a party is not performing its obligations hereunder or is otherwise in breach of this
Agreement, in addition to and without limiting the rights of the parties hereunder, a majority of the Directors who are “independent”
pursuant to the listing standard of the New York Stock Exchange shall have the right to seek enforcement of this Agreement and
the obligations of the parties hereunder.

 

*     *    *

 

    	 	20	 

     

    

 

IN WITNESS WHEREOF,
each of the undersigned has signed this Agreement as of the date first above written:

 

	 	CAMELOT HOLDINGS (JERSEY) LIMITED
	 	 	 
	 	By:	/s/ Paul Edwards
	 	 	Name: Paul Edwards
	 	 	Title:   Director
	 	 	 
	 	CLARIVATE ANALYTICS PLC
	 	 	 
	 	By:	/s/ Paul Edwards
	 	 	Name: Paul Edwards
	 	 	Title:   Director

 

Signature Page to Shareholders Agreement

 

     

     

    

 

	 	ONEX ADVISOR SUBCO LLC 
	 	 	 	 
	 	By:	/s/ Joel Greenberg
	 	 	Name:  	Joel Greenberg
	 	 	Title:	Director
	 	 	 	 
	 	By:	/s/ Marci Settle
	 	 	Name:  	Marci Settle
	 	 	Title:	Director
	 	 	 	 
	 	ONEX PARTNERS HOLDINGS LIMITED
	 	S.À R.L.
	 	 	 	 
	 	By:	/s/ Joshua Hausman
	 	 	Name:  	Joshua Hausman
	 	 	Title:	Type A Manager
	 	 	 	 
	 	By:	/s/ Oliver Dorier
	 	 	Name:  	Oliver Dorier
	 	 	Title:	Type B Manager
	 	 	 	 
	 	ONEX PARTNERS IV LP
	 	 	 	 
	 	By:	Onex Partners IV GP LP, its general partner
	 	 	 
	 	By:	Onex Partners Manager LP, its agent
	 	 	 
	 	By:	Onex Partners Manager GP ULC, its general partner 
	 	 	 	 
	 	By:	/s/ Joshua Hausman
	 	 	Name:  	Joshua Hausman
	 	 	Title:	Managing Director
	 	 	 	 
	 	By:	/s/ Matthew Ross
	 	 	Name:  	Matthew Ross
	 	 	Title:	Managing Director

 

Signature Page to Shareholders Agreement

 

     

     

    

  

	 	ONEX PARTNERS IV PV LP
	 	 	 	 
	 	By:	Onex Partners IV GP LP, its general partner
	 	 	 
	 	By:	Onex Partners IV GP LLC, its general partner 
	 	 	 	 
	 	By:	/s/ Joshua Hausman
	 	 	Name:  	Joshua Hausman
	 	 	Title:	Managing Director
	 	 	 	 
	 	By:	/s/ Matthew Ross
	 	 	Name:  	Matthew Ross
	 	 	Title:	Managing Director

 

Signature Page to Shareholders Agreement

 

     

     

    

  

	 	ONEX PARTNERS IV SELECT LP
	 	 	 	 
	 	By:	Onex Partners IV GP LLC, its general partner
	 	 	 	 
	 	By:	/s/ Joshua Hausman
	 	 	Name:	Joshua Hausman
	 	 	Title:	Managing Director
	 	 	 	 
	 	By:	/s/ Matthew Ross
	 	 	Name:	Matthew Ross
	 	 	Title:	Managing Director
	 	 	 	 
	 	ONEX PARTNERS IV GP LP
	 	 	 	 
	 	By:	Onex Partners Manager LP, its agent
	 	 	 
	 	By:	Onex Partners Manager GP ULC, its general partner
	 	 	 	 
	 	By:	/s/ Joshua Hausman
	 	 	Name:	Joshua Hausman
	 	 	Title:	Managing Director
	 	 	 	 
	 	By:	/s/ Matthew Ross
	 	 	Name:	Matthew Ross
	 	 	Title:	Managing Director
	 	 	 	 
	 	ONEX US PRINCIPALS LP
	 	 	 	 
	 	By:	Onex US Principals GP LLC
	 	 	 	 
	 	By:	/s/ Joshua Hausman
	 	 	Name:	Joshua Hausman
	 	 	Title:	Director

 

Signature Page to Shareholders Agreement

 

     

     

    

  

	 	ONEX CAMELOT CO-INVEST LP
	 	 	 	 
	 	By:	Onex Partners IV GP LP, its general partner
	 	 	 
	 	By:	Onex Partners Manager LP, its agent
	 	 	 
	 	By:	Onex Partners Manager GP ULC, its general partner
	 	 	 	 
	 	By:	/s/ Joshua Hausman
	 	 	Name:	Joshua Hausman
	 	 	Title:	Managing Director
	 	 	 	 
	 	By:	/s/ Matthew Ross
	 	 	Name:	Matthew Ross
	 	 	Title:	Managing Director

 

Signature Page to Shareholders Agreement

 

     

     

    

  

	 	ELGIN INVESTMENT HOLDINGS LIMITED
	 	 	 	 
	 	By:	/s/ Tariq Syed Usman
	 	 	Name:	Tariq Syed Usman
	 	 	Title:	Alternate Director to Caroline Baker

  

Signature Page to Shareholders Agreement

 

     

     

    

 

EXHIBIT A

 

Shareholder
SCHEDULE

 

As of [·],
20191

 

	Onex Shareholders	 	Company Shares
	Onex Advisor Subco LLC	 	[ · ]
	Onex Partners Holdings Limited S.À R.L.	 	[ · ]
	Onex Partners IV LP	 	[ · ]
	Onex Partners IV PV LP	 	[ · ]
	Onex Partners IV Select LP	 	[ · ]
	Onex Partners IV GP LP	 	[ · ]
	Onex US Principals LP	 	[ · ]
	Onex Camelot Co-Invest LP	 	[ · ]
	Total Onex Shareholders	 	[ · ]
	 	 	 
	Baring Shareholders	 	Company Shares
	Elgin Investment Holdings Limited	 	[ · ]
	Total Baring Shareholders	 	[ · ]
	 	 	 
	Management Shareholders	 	Company Shares
	David Lee Kockalko	 	[ · ]
	Kevin Joseph Mc Curry	 	[ · ]
	Richard Hanks	 	[ · ]
	Chawki Hassoun	 	[ · ]

 

 

1
Note: The parties acknowledge that Schedule A shall be completed following the Closing.

 

     

     

    

  

	Ronda Sue Majure	 	[ · ]
	Vicky Harris	 	[ · ]
	Christopher Sean McKenna	 	[ · ]
	Stuart Justin Recher	 	[ · ]
	Stephen Paul Hartman	 	[ · ]
	Vincent Joseph Caraher	 	[ · ]
	Nadler Family Investments LLC	 	[ · ]
	Nagaraju Bandaru	 	[ · ]
	Brian J. Binsfeld	 	[ · ]
	Janice Eisenberg Read	 	[ · ]
	Daniel Irvin Videtto III	 	[ · ]
	Kathleen Ann Sullivan	 	[ · ]
	Richard William Neale	 	[ · ]
	Hemant Suresh Gandhi	 	[ · ]
	Jeremy Maben Lawson	 	[ · ]
	Vijayshree Krishnan	 	[ · ]
	Charles J. Neral	 	[ · ]
	Andrew Ryan Hillary Preston	 	[ · ]
	Eric Wilhelm Yan	 	[ · ]
	Jeffrey Laurier Roy	 	[ · ]
	Annette Christina Thomas	 	[ · ]
	Yasemin Guzide Agatan	 	[ · ]
	Christine Elizabeth Archbold	 	[ · ]

 

     

     

    

  

	Andrea Joy Degutis	 	[ · ]
	Andrew Graham Wright	 	[ · ]
	Biao Wang	 	[ · ]
	Jan-Eric Reichelt	 	[ · ]
	Benjamin Sean Kaube	 	[ · ]
	Todd David Fegan	 	[ · ]
	Nikola Vujic	 	[ · ]
	Jeffrey Charles Mastendino	 	[ · ]
	Francis Thomas Paleno Jr.	 	[ · ]
	Ian Benedict MacLochlainn	 	[ · ]
	David Curtin Brown	 	[ · ]
	Jeffrey Scott Huntsman	 	[ · ]
	Total Management Shareholders	 	[ · ]
	Total All Shareholders	 	[ · ]

 

     

     

    

 

EXHIBIT B

 

SIGNATURE PAGE

TO

SHAREHOLDERS AGREEMENT

 

By execution of this
signature page, [Name] hereby agrees to become a party to, and to be bound by the obligations of, and receive the benefits of,
that certain Amended and Restated Shareholders Agreement, dated as of January 14, 2019, by and among Clarivate Analytics PLC, a
public limited company organized under the laws of Jersey, and certain other parties named therein, as amended from time to time
thereafter, as a[n] [Onex] [Baring] [Management] “Shareholder” under such agreement.

 

	 	 
	 	[Name]
	 	 
	 	Notice Address:
	 	 
	 	 
	 	 
	 	 

 

	ACCEPTED AS OF [__], 20[__]:	 
	 	 
	CLARIVATE ANALYTICS PLC	 
	 	 	 
	By:	 	 
	Name:  	 	 
	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00292-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00292-of-00352.parquet"}]]