Document:

Exhibit 10.7

    

    

    Execution Version

     

    TERMINATION AGREEMENT

     

    This Termination Agreement (this “Termination Agreement”), dated as of
      August 26, 2022, is made and entered into by and between Riverview Acquisition Corp., a Delaware corporation (the “Company”) and each other person executing this Agreement on the
      signature page hereto (each, an “Indemnitee”).  The Company and each Indemnitee are sometimes individually referred to herein as a “Party” and collectively as the “Parties.”

     

    RECITALS:

     

    WHEREAS, the Parties
        are a party to that certain Indemnity Agreement, dated as of August 5, 2021 (the “Indemnity Agreement”);

     

    WHEREAS, the Company
        is party to that certain Transaction Agreement, dated as of April 4, 2022 (the “Transaction Agreement”), by and among the Company, Westrock Coffee Company (f/k/a Westrock Coffee
        Holdings, LLC) (“Westrock”), Origin Merger Sub I, Inc., and Origin Merger Sub II, LLC (“Origin Merger Sub II”),
        pursuant to which, among other things, the Company will merge with and into Origin Merger Sub II, which is a wholly-owned subsidiary of Westrock, and Westrock will be listed as a publicly traded company on Nasdaq;

     

    WHEREAS, pursuant to
        Section 5.14 of the Transaction Agreement, among other things, each Indemnitee shall be entitled to all rights to indemnification or exculpation provided under the Indemnity Agreement with respect to any matters occurring at or prior to the SPAC
        Merger Effective Time (as defined in the Transaction Agreement), for a period of six (6) years following the SPAC Merger Effective Time (as defined in the Transaction Agreement); and

     

    WHEREAS, in
        connection with the transactions contemplated by the Transaction Agreement, the Parties desire to hereby terminate the Indemnity Agreement.

     

    AGREEMENT:

     

    NOW, THEREFORE, in
        consideration of the foregoing and the respective covenants and agreements set forth in this Termination Agreement, and intending to be legally bound hereby, each Party hereby agrees as follows:

     

    1.          Termination of the Indemnity Agreement.  The Indemnity Agreement is hereby terminated in its entirety, effective upon the occurrence of the SPAC Merger Effective Time (as defined
          in the Transaction Agreement).

     

    2.          No Further Obligations.  The Parties hereby further agree that, upon such termination of the Indemnity Agreement, (a) the Indemnity Agreement shall have no further force or effect,
          and (b) no party thereto shall have any right, duty, liability or obligation under the Indemnity Agreement as of and following the effectiveness hereof.

     

    
      
        

    

    
    3.            Releases.  Each Party, on behalf of itself and its representatives and affiliates (collectively, the “Releasing Party”),
          hereby fully and unconditionally releases, acquits and forever discharges the other Party from any and all manner of actions, obligations, demands, damages, costs, expenses, compensation, liabilities or other relief, that any Releasing Party has,
          will or might have arising out of anything done, omitted, suffered or to be done by the other Party or any its affiliates, in each case, whether heretofore or hereafter accrued or unaccrued, and whether foreseen or unforeseen or known or unknown,
          in respect of the Indemnity Agreement.  The Releasing Party expressly acknowledges and agrees that, subject to the terms hereof, this release is intended to extinguish all claims of every type in respect of the Indemnity Agreement, including
          those known and unknown and those suspected and unsuspected, without regard to whether they are now known or suspected, even if those claims may materially affect such Releasing Party’s decision to enter into this release.

     

    4.            Counterparts.  This Termination Agreement may be executed in counterparts, each of which shall be deemed to be an original, but all of which taken together shall constitute one and
          the same agreement.  Delivery of an executed counterpart of a signature page to this Termination Agreement by facsimile or e-mail shall be as effective as delivery of a manually executed counterpart of the Termination Agreement.

     

    5.           Entire Agreement.  This Termination Agreement sets forth the entire understanding of the Parties with regard to the matters contemplated hereunder and supersedes all prior
          agreements, covenants, arrangements, communications, representations or warranties, whether oral or written, made by the Parties or any officer, employee or representative of the Parties.

     

    6.          Severability.  Any term or provision of this Termination Agreement that is invalid or unenforceable in any situation in any jurisdiction will not affect the validity or
          enforceability of the remaining terms and provisions hereof or the validity or enforceability of the offending term or provision in any other situation or in any other jurisdiction.  In the event that any provision hereof would, under applicable
          Law, be invalid or unenforceable in any respect, each Party hereto intends that such provision will be construed by modifying or limiting it so as to be valid and enforceable to the maximum extent compatible with, and possible under, applicable
          Law.

     

    7.           Governing Law.  This Termination Agreement will be governed by and construed in accordance with the laws of the State of Delaware (regardless of the laws that might otherwise
          govern under applicable principles of conflicts of laws thereof) as to all matters, including matters of validity, construction, effect, performance and remedies.

     

    8.          Amendment; Modification.  This Termination Agreement may be amended, modified or supplemented at any time only by written agreement of the Parties.

     

    [The rest of this page intentionally left blank; signature pages follow]

     

    
      2

      
        

    

    Execution Version

     

    IN WITNESS WHEREOF, the Parties hereto have executed this Termination Agreement as of the date set forth above.

    

    

    	 	
            RIVERVIEW ACQUISITION CORP., a
                Delaware corporation

          
	 	 
	 	
            By:

          	
            /s/ William Thompson

          
	 	
            Name: William V. Thompson III

          
	 	
            Title: Chief Financial Officer

          
	 	 
	 	
            R. Brad Martin

          
	 	 
	 	
            /s/ R. Brad Martin

          
	 	 
	 	
            William V. Thompson III

          
	 	 
	 	
            /s/ William Thompson          

          
	 	 
	 	
            Charles K. Slatery

          
	 	 
	 	
            /s/ Charles K. Slatery          

          
	 	 
	 	
            Mark A. Edmonds

          
	 	 
	 	
            /s/ Mark A. Edmonds          

          
	 	 
	 	
            Leslie Starr Keating

          
	 	 
	 	
            /s/ Leslie Starr Keating

          
	 	 
	 	
            Willie H. Gregory

          
	 	 
	 	
            /s/ Willie H. Gregory          

          

    

    

    Signature Page to Termination AgreementEX-10.1

 Exhibit 10.1 
  

 
  
  

August 26, 2022 
 Mr. Arthur Nguyen 

Dear Mr. Nguyen: 
 Techpoint, Inc. (the “Company”)
is pleased to offer you employment on the following terms: 
 Position. Your title will be CFO and initially you will report to Hiro Kozato,
CEO. This is a full-time position, located in Techpoint’s headquarters in San Jose, California. By signing this letter agreement, you confirm to the Company that you have no contractual commitments or other legal obligations that would
prohibit you from performing your duties for the Company. 
 This is a permanent position and shall be subject to a probationary period of one (1) year
commencing on the commencement date of employment and subject to adjustment by the Company. If, during the initial one year probationary period, the Company determines in its sole discretion that the employee is unfit for the position due to
insufficient skills or inadequate work performance, character, attitude, or for any other business reason, the Company may terminate this Agreement without any advance notice and with no compensation whatsoever in lieu thereof. 

Cash Compensation. The Company will pay you a starting salary of $7,083.33 semi-monthly (annualized to $170,000) payable in accordance
with the Company’s standard payroll practices. 
 Employee Benefits. As a regular employee of the Company, you will be eligible to participate
in a number of Company-sponsored benefits. In addition, you will be entitled to paid vacation in accordance with the Company’s paid time-off policy. 

Equity Awards. We will recommend to the Board of Directors (the “Board”) of the Company that you be granted 25,000 restricted stock
units of the Company under Techpoint, Inc.’s 2017 Stock Plan (the “Plan”). The restricted stock units you will be granted will vest over a five (5) year period for so long as you continue to be employed by the Company. The grant
of such restricted stock units by the Company is subject to the Board’s approval and this promise to recommend such approval is not a promise of compensation and is not intended to create any obligation on the part of the Company. Further
details on the Plan and any specific award granted to you will be provided upon approval of such award by the Company’s Board of Directors. 

Employee Confidential Information and Invention Assignment Agreement. Like all Company employees you will be required, as a condition of your
employment with the Company, to sign the Company’s standard Confidential Information and Invention Assignment Agreement, which is attached. 

  
 2550 N. First Street,
#550, San Jose CA 95131, USA  •  Tel 408-324-0588  •  Fax 408-324-0888  •  www.techpointinc.com 

 

 
  
  

 

 Employment Relationship. Employment with the Company is for no specific period of time. Your
employment with the Company will be “at will,” meaning that either you or the Company may terminate your employment at any time and for any reason, with or without cause. Any contrary representations that may have been made to you are
superseded by this letter agreement. This is the full and complete agreement between you and the Company regarding how your employment may be terminated. Although your job duties, title, compensation and benefits, as well as the Company’s
personnel policies and procedures, may change from time to time, the “at will” nature of your employment may only be changed in an express written agreement signed by you and a duly authorized officer of the Company (other than you). 

Techpoint, Inc. partners with Trinet, a Professional employer Organization, for benefits, payroll and Human Resource management services. As a result of this
partnership, Trinet will be considered your employer of records for these purposes, while your manager(s) here at Techpoint, Inc. will be responsible for directing your work, reviewing your performance, setting your work schedule, and managing your
leaves. 
 Outside Activities. While you render services to the Company, you agree that you will not engage in any other employment, consulting or
other business activity that is in any way competitive with the business or proposed business of the Company. You will disclose to the Company in writing any other gainful employment, business or activity that you are currently associated with or
participate in that competes with the Company. While you render services to the Company, you also will not assist any person or entity in competing with the Company, in preparing to compete with the Company or in hiring away any employees or
consultants of the Company. 
 Withholding Taxes. All forms of compensation referred to in this letter agreement are subject to reduction to reflect
applicable withholding and payroll taxes and other deductions required by law. 
 Entire Agreement. This letter agreement, once accepted, constitutes
the entire agreement between you and the Company with respect to the subject matter hereof and supersedes and replaces any prior agreements, representations or understandings, whether written, oral or implied, between you and the Company relating to
such subject matter. 

  
 2550 N. First Street,
#550, San Jose CA 95131, USA  •  Tel 408-324-0588  •  Fax 408-324-0888  •  www.techpointinc.com 

 

 
  
  

 

 We hope that you will accept our offer to join the Company. You may indicate your agreement with these terms
and accept this offer by signing and dating this letter agreement and the enclosed, Employee Confidential Information and Invention Assignment Agreement and returning them to me. This offer will expire at the close of business on
August 26, 2022. As required by law, your employment with the Company is contingent upon your providing legal proof of your identity and authorization to work in the United States. Additionally, your offer of employment
with the Company may be conditioned on your successfully completing and passing a background search and references to the satisfaction of the Company. 
  

	
	Sincerely,
	
	/s/ Hiro Kozato
	
	Hiro Kozato
	President & CEO
	Techpoint, Inc.

 I have read and accept this employment offer: 
  

			
	Signature:	 	 /s/ Arthur Nguyen

		
	Dated:	 	Aug 26, 2022
		
	Start Date:	 	Aug 29, 2022

 Attachments: 
 Employee
Confidential Information and Invention Assignment Agreement 

  
 2550 N. First Street,
#550, San Jose CA 95131, USA  •  Tel 408-324-0588  •  Fax 408-324-0888  •  www.techpointinc.com

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