Document:

Exhibit 10.3

 

CORSAIR DIRECTOR SUPPORT AGREEMENT

 

This
Corsair Director Support Agreement (this “Agreement”) is being executed and delivered as of May 9,
2019, by the individual named on the signature page hereto (the “Restricted Party”), in favor of, and for the
benefit of Thunder Bridge Acquisition Ltd., a Cayman Islands exempted company (together with its successors, including the resulting
Delaware corporation after the consummation of the Domestication (as defined below), “Parent”), Hawk Parent
Holdings LLC, a Delaware limited liability company (together with its successors, including the surviving limited liability company
in the Merger (as defined below), the “Company”), and each of Parent’s and the Company’s present
and future successors and direct and indirect Subsidiaries (collectively with Parent and the Company, the “Covered Parties;”
provided, however, any Subsidiary of Parent or the Company shall be deemed a Covered Party solely during the period for which such
Person is a Subsidiary of Parent or the Company). Each capitalized term used and not otherwise defined herein has the meaning ascribed
to such term in the Merger Agreement (as defined below).

 

Recitals

 

WHEREAS, pursuant
to and subject to the terms and conditions of that certain Agreement and Plan of Merger, dated as of January 21, 2019 (as amended,
the “Merger Agreement”), by and among Parent, TB Acquisition Merger Sub LLC, a Delaware limited liability company
and wholly-owned subsidiary of Parent (“Merger Sub”), the Company, and, solely in its capacity as the Company
Securityholder Representative thereunder, CC Payment Holdings, L.L.C., a Delaware limited liability company (the “Company
Securityholder Representative”), among other matters, (i) Parent will domesticate as a Delaware corporation in accordance
with the applicable provisions of the Companies Law (2018 Revision) of the Cayman Islands and the General Corporation Law of the
State of Delaware, and (ii) Merger Sub will merge with and into the Company (the “Merger”), with the Company
continuing as the surviving limited liability company and a subsidiary of Parent;

 

WHEREAS, the Company
and its subsidiaries (collectively, the “Acquired Companies”) are engaged in the business of providing electronic
payment processing services to merchants in any or all of the payday lending, installment lending, buy-here, pay-here auto lending,
collections, debt recovery and accounts receivable management industries (the “Business”);

 

WHEREAS, Parent and
the Company wish to protect their interests by restricting the activities of the Restricted Party which might compete with or harm
the goodwill of the Covered Parties; and

 

WHEREAS, the Restricted
Party is entering into this Agreement in order to induce Parent and the Company to enter into the Merger Agreement and consummate
the transactions contemplated thereby, pursuant to which the Restricted Party will directly or indirectly receive a material benefit.

 

     

     

    

 

Agreement

 

For good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Restricted Party hereby covenants and agrees as
follows:

 

1.
Noncompetition.

 

(a) During the
period (the “Restricted Period”) from the consummation of the transactions contemplated by the Merger Agreement
(the “Closing”) and continuing until the earlier of (x) the six (6) month anniversary of the date on which the
Restricted Party is no longer an employee or director of the Covered Parties or (y) in the event that the Restricted Party’s
departure as an employee or director of the Covered Parties is a result of his or her no longer being an employee, director, member,
partner, or Affiliate of Corsair Capital LLC or its Subsidiaries or Affiliates (collectively, “Corsair”), the
three (3) month anniversary of the date on which the Restricted Party is no longer an employee or director of the Covered Parties,
the Restricted Party shall not, directly or indirectly, engage or invest in, own, manage, operate, finance, control, or participate
in the ownership, management, operation, financing, or control of, or be employed by, any business (other than a Covered Party)
that is primarily engaged in the Business (a “Competitive Enterprise”); provided, that the Restricted
Party may (a) purchase or otherwise acquire, as a passive investment, up to (but not more than) five percent (5%) of any class
of securities of any Competitive Enterprise that is listed on a national securities exchange or traded on a national market system
(but without otherwise participating in the activities of such enterprise) or (b) acquire, invest in, own, manage, operate, finance,
control, or participate in the ownership, management, operation, financing, or control of, or be employed by, any business that
provides electronic payment processing services so long as (I) the revenues or gross profits derived by such business from merchants
in the payday lending, installment lending, buy-here, pay-here auto lending, collections, debt recovery and accounts receivable
management industries (the “Covered Industries”) do not exceed fifteen percent (15%) of the total revenue or
total gross profits, respectively, of such business during any twelve-month period during the Restricted Period and (II) the Restricted
Party is not directly involved, in any material respect, in any such activities with respect to the Covered Industries.

 

(b) Notwithstanding
anything to the contrary in this Agreement, the ownership, management, operation, financing, or control of any “portfolio
company” (as such term is customarily used in the private equity industry) (a “Portfolio Company”) that
is considered to be a Competitive Enterprise for purposes of this Agreement by (x) any investment fund affiliated with the Restricted
Party (including Corsair) or (y) by any Person affiliated with the Restricted Party acting as a sponsor, investment advisor, manager
or general of such affiliated investment fund (any person described in clauses (x) or (y), an “Investment Group”),
will not be a breach of this Section 1, so long as the Restricted Party does not act as a representative of an Investment Group
referred to in clauses (x) or (y) as a party directly engaged in the oversight, management or control of such Portfolio Company.

 

2.
Non-Solicitation of Personnel. During the Restricted Period, the
Restricted Party shall not, directly or indirectly, whether for the Restricted Party’s own account or for the account of
any other Person (other than on behalf a Covered Party in the good faith performance of the Restricted Party’s duties on
behalf of the Covered Parties):

 

(a) solicit,
employ, or otherwise engage as an employee, independent contractor or otherwise, any Person who was an employee or independent
contractor of any Covered Party as of the date of the relevant act prohibited by this Section 2 or during the six (6) month period
prior thereto (“Covered Personnel”) or in any manner induce or attempt to induce any such Covered Personnel
to terminate its employment or service with any of the Covered Parties; or

 

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(b) interfere
with the relationship of any of the Covered Parties with any Covered Personnel.

 

Notwithstanding the
foregoing, the Restricted Party shall not be prohibited from (i) placing any advertisements for positions to the public generally
that are not targeted at any Covered Personnel or (ii) the solicitation, employment or engagement of any Covered Personnel (A)
whose employment or engagement was terminated by the Covered Parties due to a job elimination or reduction in force prior to commencement
of employment or engagement discussions, (B) whose employment or engagement with the Covered Parties was terminated for any reason
other than as set forth in clause (A) at least six (6) months prior to the commencement of employment or engagement discussions
or (C) considered to be clerical or non-managerial general administrative staff (for the avoidance of doubt, excluding any sales,
business development or product development, product support or product improvement personnel). Notwithstanding the foregoing,
the Restricted Party shall have no obligations under this Section 2 for any actions taken by Corsair or any other Investment Group
or any of their respective Portfolio Companies as long as he does not directly take such action or direct others to take such action.

 

3.
Non-Solicitation of Customers and Suppliers. During the Restricted
Period, the Restricted Party shall not, directly or indirectly, whether for the Restricted Party’s own account or for the
account of any other Person (other than on behalf a Covered Party in the good faith performance of the Restricted Party’s
duties on behalf of the Covered Parties):

 

(a) solicit,
induce, encourage or otherwise knowingly cause (or attempt to do any of the foregoing) any Covered Customer (as defined below)
to (i) cease being, or not become, a customer or merchant of any Covered Party with respect to the Business or (ii) reduce the
amount of business of such Covered Customer with any Covered Party, or otherwise alter such business relationship in a manner adverse
to any Covered Party, in either case, with respect to or relating to the Business;

 

(b) interfere
with or disrupt (or attempt to interfere with or disrupt) the contractual relationship between any Covered Party and any Covered
Customer or divert any business with any Covered Customer relating to the Business from a Covered Party; or

 

(c) interfere
with or disrupt (or attempt to interfere with or disrupt) the contractual relationship between any Covered Party and any Person
that was a vendor, supplier, distributor, agent or other service provider of a Covered Party as of the date of the relevant act
prohibited by this Section 3(c) or during the six (6) month period prior thereto, in any case, for a purpose competitive with a
Covered Party as it relates to the Business.

 

For purposes of this
Agreement, a “Covered Customer” means any Person who is or was an actual customer or merchant of a Covered Party
(or prospective customer or merchant with whom a Covered Party actively marketed or made or took specific action to make a proposal)
as of the date of the relevant act prohibited by this Section 3 or during the six (6) month period prior thereto. Notwithstanding
the foregoing, the Restricted Party shall have no obligations under this Section 3 for any actions taken by Corsair or any other
Investment Group or any of their respective Portfolio Companies as long as he does not directly take such action or direct others
to take such action.

 

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4.
Confidentiality. The Restricted Party will not, and will cause
its Representatives to not, disclose or use at any time, any Confidential Information of which the Restricted Party or such Representative,
as applicable, is or becomes aware, whether or not such information is developed by the Restricted Party or any of its Representatives,
except to the extent that such disclosure or use is directly related to and required by the Restricted Party’s or its Representatives’
performance in good faith of duties assigned to the Restricted Party or its Representatives by a Covered Party. The Restricted
Party and its Representatives will take all appropriate steps to safeguard Confidential Information in its possession and to protect
it against disclosure, misuse, espionage, loss and theft. Nothing herein shall be construed to prevent disclosure of Confidential
Information (a) to the extent necessary in connection with the defense of any Action involving the Restricted Party or its Representatives
(provided, that the Restricted Party or such Representative, as applicable, shall use its commercially reasonable efforts to ensure
that confidential treatment is afforded to such Confidential Information) or (b) to prohibit or impede the Restricted Party from
communicating, cooperating or filing a complaint with any U.S. federal, state or local governmental or law enforcement branch,
agency or entity (collectively, a “Governmental Entity”) with respect to possible violations of any U.S. federal,
state or local law or regulation, or otherwise making disclosures to any Governmental Entity, in each case under such clause (b),
that are protected under the whistleblower provisions of any such law or regulation, provided that in each case such communications
and disclosures are consistent with applicable law. The Restricted Party understands and acknowledges that an individual shall
not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that
is made (i) in confidence to a federal, state, or local government official or to an attorney solely for the purpose of reporting
or investigating a suspected violation of law, or (ii) in a complaint or other document filed in a lawsuit or other proceeding,
if such filing is made under seal. The Restricted Party understands and acknowledges further that an individual who files a lawsuit
for retaliation by an employer for reporting a suspected violation of law may disclose the trade secret to the attorney of the
individual and use the trade secret information in the court proceeding, if the individual files any document containing the trade
secret under seal; and does not disclose the trade secret, except pursuant to court order. The obligations in this Section 4 will
not (x) prohibit the Restricted Party from disclosing Confidential Information to its Representatives who have a reasonable need
to know such information in connection with their role as a Representative of the Restricted Party or (y) apply to any Confidential
Information which is required to be disclosed by the Restricted Party or its Representatives pursuant to any law, rule, regulation,
order of any administrative body or court of competent jurisdiction or other legal process; provided that (i) to the extent permitted
by applicable law, the applicable Covered Party is given reasonable prior written notice, (ii) to the extent permitted by applicable
law, the Restricted Party cooperates (and causes its Representatives to cooperate) with any reasonable request of any Covered Party
to seek to prevent or narrow such disclosure and (iii) if after compliance with clauses (i) and (ii) such disclosure is still required,
the Restricted Party and its Representatives only disclose such portion of the Confidential Information that is expressly required
by such legal process, as such requirement may be subsequently narrowed. Notwithstanding the foregoing, under no circumstance will
the Restricted Party or any of its Representatives be authorized to disclose any information covered by attorney-client privilege
or attorney work product of any Covered Party or any of their respective controlled Affiliates without prior written consent of
the Company’s (or following the Closing, Surviving Pubco’s) General Counsel or other officer designated by the Company
(or, following the Closing, the Surviving Pubco).

 

For purposes of this
Agreement the term “Confidential Information” shall mean all material and information that is not generally
known to the public (but for purposes of clarity, Confidential Information shall never exclude any such information that becomes
known to the public because of the Restricted Party’s or its Representatives’ unauthorized disclosure) obtained by
the Restricted Party prior to the end of the Restricted Period and relating to the business, affairs and assets of any Covered
Party or a controlled Affiliate thereof, regardless of whether such material and information is maintained in physical, electronic,
or other form, including without limitation any of the following with respect to any of the Covered Parties or their respective
controlled Affiliates (A) business, operating or strategic plans, (B) products or services, (C) fees, costs and pricing structures,
(D) designs, (E) analyses, (F) drawings, photographs and reports, (G) computer software, including operating systems, applications
and program listings, (H) flow charts, manuals and documentation, (I) databases, (J) accounting and business methods, (K) inventions,
devices, new developments, methods and processes, whether patentable or unpatentable and whether or not reduced to practice, (L)
customers and clients and customer or client lists, (M) other copyrightable works, (N) all production methods, processes, technology
and trade secrets, and (O) all similar and related information in whatever form. Confidential Information also includes information
disclosed to any Covered Party by third parties to the extent that a Covered Party has an obligation of confidentiality in connection
therewith. Confidential Information will not include any information that has been published in a form generally available to the
public (except as a result of the Restricted Party’s or its Representatives’ unauthorized disclosure) prior to the
date the Restricted Party proposes to disclose or use such information. Confidential Information will not be deemed to have been
published or otherwise disclosed merely because individual portions of the information have been separately published, but only
if all material features comprising such information have been published in combination.

 

5.
Remedies. The period
of time applicable to any covenant in this Agreement for the Restricted Party shall be extended by the duration of any breach or
violation by the Restricted Party of such covenant. The expiration of the Restricted Period will not relieve the Restricted Party
of any obligation or liability arising from any breach by the Restricted Party of this Agreement during the Restricted Period.
The Restricted Party acknowledges and agrees that the covenants contained in this Agreement are reasonable and necessary to protect
the business and interests of the Covered Parties and their Affiliates and that any breach of these covenants would cause substantial
irreparable injury. Accordingly, the Restricted Party agrees that a remedy at law for any breach of the foregoing covenants would
be inadequate and that the Covered Parties and their Affiliates, in addition to any other remedies available, shall be entitled
to obtain preliminary and permanent injunctive relief to secure specific performance of such covenants and to prevent a breach
or contemplated breach of such covenants without the necessity of proving actual damage or posting a bond or other security. Except
as expressly provided in this Agreement, the Restricted Party will be responsible for any breach or violation of this Agreement
by its Representatives. In the event of any Action under this Agreement between the Restricted Party and a Covered Party, the non-prevailing
party in such Action will pay its own expenses and the reasonable out-of-pocket expenses, including reasonable attorneys’
fees and costs, incurred by the other party.

 

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6.
Severability. Each provision of this Agreement is separable from
every other provision of this Agreement. If any provision of this Agreement is found or held to be invalid, illegal or unenforceable,
in whole or in part, by a court of competent jurisdiction, then (i) such provision will be deemed amended to conform to applicable
laws so as to be valid, legal and enforceable to the fullest possible extent, (ii) the invalidity, illegality or unenforceability
of such provision will not affect the validity, legality or enforceability of such provision under any other circumstances or in
any other jurisdiction, and (iii) the invalidity, illegality or unenforceability of such provision will not affect the validity,
legality or enforceability of the remainder of such provision or the validity, legality or enforceability of any other provision
of this Agreement. Without limiting the foregoing, if any covenant of the Restricted Party in this Agreement is held to be unreasonable,
arbitrary, or against public policy, such covenant shall be considered to be divisible with respect to scope, time and geographic
area, and such lesser scope, time or geographic area, or all of them, as a court of competent jurisdiction may determine to be
reasonable, not arbitrary, and not against public policy, shall be effective, binding and enforceable against the Restricted Party.
The Restricted Party agrees that the covenants set forth in this Agreement shall be deemed to be a series of separate covenants
for each month within the applicable Restricted Period and separate covenants for each country within the world.

 

7.
Governing Law; Submission to Jurisdiction; Waiver of Jury. Section
11.6 and Section 11.7 of the Merger Agreement are incorporated herein by reference, mutatis mutandis.

 

8.
Waiver. No failure on the part of any Person to exercise any power,
right, privilege or remedy under this Agreement, and no delay on the part of any Person in exercising any power, right, privilege
or remedy under this Agreement, shall operate as a waiver of such power, right, privilege or remedy; and no single or partial exercise
of any such power, right, privilege or remedy shall preclude any other or further exercise thereof or of any other power, right,
privilege or remedy. Any extension or waiver in favor of the Restricted Party of any provision hereto shall be valid only if set
forth in an instrument in writing signed by Parent and the Company; and provided, that any such waiver shall not be applicable
or have any effect except in the specific instance in which it is given.

 

9.
Headings; Interpretation; Counterparts. The provisions of Sections
10.3 and 11.4 of the Merger Agreement are hereby incorporated herein by reference, mutatis mutandis. For the avoidance of
doubt, under no circumstances shall any Portfolio Company of any Investment Group or any Representative thereof be considered a
“Representative” of the Restricted Party or any of its Representatives so long as such Portfolio Company does not receive
any Confidential Information from or on behalf of the Restricted Party and the Restricted Party does not use Confidential Information
on such Portfolio Company’s behalf. Additionally, notwithstanding anything to the contrary contained in this Agreement, the
Restricted Party shall not have any liability under this Agreement with respect to Corsair or its Representatives as a “Representative”
of the Restricted Party under this Agreement except for any actions directly taken by the Restricted Party or for which he directs
others to take.

 

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10.
Successors and Assigns; Third
Party Beneficiaries. This Agreement will be binding upon the Restricted Party and its successors and permitted assigns,
and will inure to the benefit of the Covered Parties and their respective successors and permitted assigns. The Restricted Party
agrees that its obligations under this Agreement are personal and will not be assigned or delegated by the Restricted Party without
the consent of the Parent and the Company. The Covered Parties may not assign or delegate their rights or obligations under this
Agreement without the prior written consent of the Restricted Party (provided, that the Restricted Party will not unreasonably
withhold, delay or condition its consent to an assignment of all of the Parent’s or the Company’s rights under this
Agreement to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity
sale, merger or otherwise) of the Parent or the Company or all or substantially all of the assets of the Parent and its Subsidiaries
or the Company and its Subsidiaries, in either case, taken as a whole). Any purported assignment or delegation in violation hereof
shall be null and void ab initio. Each of the Covered Parties are express third party beneficiaries of this Agreement and will
be considered parties under and for purposes of this Agreement.

 

11.
Amendments. This Agreement may only be amended or modified by an
instrument in writing signed by each of the Restricted Party, Parent and the Company.

 

12.
Effectiveness. This Agreement shall become effective at the Closing.
In the event of a termination of the Merger Agreement prior to the Closing, this Agreement shall automatically terminate (without
the requirement of any action by any party hereto) and be of no further force or effect.

 

[Remainder of page
intentionally left blank]

 

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In
Witness Whereof, the Restricted Party has duly executed and delivered this Agreement as of the date first above written.

  

	 	/s/ Richard E. Thornburgh
	 	Richard E. ThornburghExhibit 10.4

 

SUBSCRIPTION
AGREEMENT

 

Thunder
Bridge Acquisition, Ltd.

9912
Georgetown Pike Suite D203

Great
Falls, Virginia

Cayman
Islands, 22066

 

May
9, 2019

 

Ladies
and Gentlemen:

 

In
connection with the proposed business combination (the “Transaction”) between Thunder Bridge Acquisition Ltd.,
a Cayman Islands exempted company (the “Company”), and Hawk Parent Holdings LLC, a Delaware limited liability
company (“Hawk Parent”), pursuant to that certain Amended and Restated Agreement and Plan of Merger, dated
as of January 21, 2019, among the Company, Hawk Parent and the other parties thereto (as may be amended and/or restated, including
as amended by that certain Second Amendment to the Amended and Restated Plan of Merger, dated as of the date hereof, the “Transaction
Agreement”), the Company is seeking commitments to purchase shares (the “Shares”) of the Company’s
Class A ordinary shares, par value $0.0001 per share for a purchase price of $10.00 per share (the “Purchase Price”),
which Shares shall be automatically converted into common stock of a Delaware corporation in connection with the Transaction.
The Company is offering the Shares in a private placement (the “Offering”) in which the Company expects to raise an
aggregate of $135 million pursuant to subscription agreements of even date herewith on substantially the same terms hereof, except
for that certain Lock-up Agreement, of even date herewith, by and between the Company and the investors named therein. In connection
therewith, the undersigned and the Company agree as follows:

 

1.
Subscription. As of the date written above (the “Subscription Date”), the undersigned hereby irrevocably
subscribes for and agrees to purchase from the Company such number of Shares as is set forth on the signature page of this Subscription
Agreement at the Purchase Price and on the terms provided for herein.

 

2.
Closing; Delivery of Shares.

 

a.
The closing of the sale of Shares contemplated hereby (the “Closing”) is contingent upon the substantially
concurrent consummation of the Transaction. The Closing shall occur on the date of, and immediately prior to, the consummation
of the Transaction. Upon (i) satisfaction of the conditions set forth in Section 3 below and (ii) not less than five (5) business
days’ written notice (which may be via email) from (or on behalf of) the Company to the undersigned (the “Closing
Notice”), which Closing Notice shall contain the Company’s wire instructions, that the Company reasonably expects
the closing of the Transaction to occur on a date that is not less than five (5) business days from the date of the Closing Notice,
the undersigned shall deliver to the Company on the closing date specified in the Closing Notice (the “Closing Date”)
the Purchase Price for the Shares subscribed by wire transfer of United States dollars in immediately available funds to the account
specified by the Company in the Closing Notice against delivery to the undersigned of the Shares, free and clear of any liens
or other restrictions whatsoever (other than those arising under state or federal securities laws), in book-entry form as set
forth in Section 2(b) below. This Subscription Agreement shall terminate and be of no further force or effect, without any liability
to either party hereto, if the Company notifies the undersigned in writing that it has abandoned its plans to move forward with
the Transaction prior to the Closing Date. If, within one business day following the Closing, the consummation of the Transaction
does not occur, the Company shall return the Purchase Price to the undersigned, and the undersigned shall return its Shares to
the Company for cancellation.

 

     

     

    

 

b.
Immediately upon the Closing, the Company shall deliver (or cause the delivery of) the Shares in book-entry form with restrictive
legends in the amount as set forth on the signature page to each of the undersigned as indicated on the signature page or to a
custodian designated by such undersigned, as applicable, as indicated below.

 

3.
Closing Conditions. In addition to the condition set forth in the first sentence of Section 2(a) above:

 

a.
The Closing is also subject to satisfaction or valid waiver by each party of the conditions that, on the Closing Date:

 

(i)
no suspension of the qualification of the Shares for offering or sale or trading in any jurisdiction, or initiation or threatening
of any proceedings for any of such purposes, shall have occurred;

 

(ii)
no applicable governmental authority shall have enacted, issued, promulgated, enforced or entered any judgment, order, law, rule
or regulation (whether temporary, preliminary or permanent) which is then in effect and has the effect of making consummation
of the transactions contemplated hereby illegal or otherwise restraining or prohibiting consummation of the transactions contemplated
hereby, and no governmental authority shall have instituted or threatened in writing a proceeding seeking to impose any such restraint
or prohibition; and

 

(iii)
all conditions precedent to the closing of the Transaction set forth in the Transaction Agreement, shall have been satisfied or
waived (other than those conditions which, by their nature, are to be satisfied at the closing of the Transaction) and the closing
of the Transaction shall be scheduled to occur concurrently with or immediately following the Closing.

 

b.
The obligations of the Company to consummate the Closing shall be subject to the satisfaction or valid waiver by the Company of
the additional conditions that, on the Closing Date:

 

(i)
all representations and warranties of the undersigned contained in this Subscription Agreement shall be true and correct in all
material respects (other than representations and warranties that are qualified as to materiality, which representations and warranties
shall be true in all respects) at and as of the Closing Date (except for representations and warranties made as of a specific
date, which shall be true and correct in all material respects (other than representations and warranties that are qualified as
to materiality, which representations and warranties shall be true in all respects) as of such date), and consummation of the
Closing shall constitute a reaffirmation by the undersigned of each of the representations, warranties and agreements of each
such party contained in this Subscription Agreement as of the Closing Date; and

 

(ii)
the undersigned shall have performed, satisfied and complied in all material respects with all covenants, agreements and conditions
required by this Subscription Agreement to be performed, satisfied or complied with by it at or prior to Closing, including, without
limitation, receipt by the Placement Agents of a signed copy of an “investor representation letter” in substantially
the form attached as Schedule A hereto no later than the Closing Date.

 

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c.
The obligation of the undersigned to consummate the Closing shall be subject to the satisfaction or valid waiver by the undersigned
of the additional conditions that, on the Closing Date:

 

(i)
all representations and warranties of the Company contained in this Subscription Agreement shall be true and correct in all material
respects (other than representations and warranties that are qualified as to materiality or Material Adverse Effect (as defined
herein), which representations and warranties shall be true in all respects) at and as of the Closing Date (except for representations
and warranties made as of a specific date, which shall be true and correct in all material respects (other than representations
and warranties that are qualified as to materiality or Material Adverse Effect, which representations and warranties shall be
true in all respects) as of such date);

 

(ii)
the Company shall have performed, satisfied and complied in all material respects with all covenants, agreements and conditions
required by this Subscription Agreement to be performed, satisfied or complied with at or prior to the Closing; and

 

(iii)
the Company shall have delivered to the undersigned, a certificate of the Chief Executive Officer of the Company, dated as of
the Closing Date, certifying to the fulfillment of the conditions specified in Sections 3(a)(iii) and 3(c).

 

4.
Company Representations and Warranties. The Company represents and warrants to the undersigned that:

 

a.
As of the date hereof, the Company is a Cayman Islands exempted company duly organized, validly existing and in good standing
under the laws of the Cayman Islands. Immediately following the closing of the Transaction under the Transaction Agreement, the
Company will be a Delaware corporation, validly existing and in good standing under the laws of the State of Delaware. The Company
has the corporate power and authority to own, lease and operate its properties and conduct its business as presently conducted
and to enter into, deliver and perform its obligations under this Subscription Agreement.

 

b.
The Shares have been duly authorized and, when issued and delivered to the undersigned against full payment therefor in accordance
with the terms of this Subscription Agreement, the Shares will be validly issued, fully paid and non-assessable and will not have
been issued in violation of or subject to any preemptive or similar rights created under the Company’s Amended and Restated
Memorandum and Articles of Association (as amended) or under the laws of the Cayman Islands.

 

c.
This Subscription Agreement has been duly authorized, executed and delivered by the Company and is enforceable against the Company
in accordance with its terms, except as may be limited or otherwise affected by (i) bankruptcy, insolvency, fraudulent conveyance,
reorganization, moratorium or other laws relating to or affecting the rights of creditors generally, and (ii) principles of equity,
whether considered at law or equity.

 

d.
Subject to approval by the Company Equity Holders (as defined in the Transaction Agreement) to the extent required by any applicable
rules or regulations of NASDAQ, the issuance and sale of the Shares and the compliance by the Company with all of the provisions
of this Subscription Agreement and the consummation of the transactions herein will be done in accordance with the NASDAQ marketplace
rules and will not conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a default
under, or result in the creation or imposition of any lien, charge or encumbrance upon any of the property or assets of the Company
or any of its subsidiaries pursuant to the terms of (i) any indenture, mortgage, deed of trust, loan agreement, license, lease
or any other agreement or instrument to which the Company or any of its subsidiaries is a party or by which the Company or any
of its subsidiaries is bound or to which any of the property or assets of the Company is subject, which would have a material
adverse effect on the business, properties, financial condition, stockholders’ equity or results of operations of the Company
(a “Material Adverse Effect”) or materially affect the validity of the Shares or the legal authority of the
Company to comply in all material respects with the terms of this Subscription Agreement; (ii) result in any violation of the
provisions of the organizational documents of the Company; or (iii) result in any violation of any statute or any judgment, order,
rule or regulation of any court or governmental agency or body, domestic or foreign, having jurisdiction over the Company or any
of its properties that would have a Material Adverse Effect or materially affect the validity of the Shares or the legal authority
of the Company to comply with this Subscription Agreement; subject, in the case of the foregoing clauses (i) and (iii) with respect
to the consummation of the transactions therein contemplated.

 

    3

     

    

 

e.
The Company has not entered into any agreement or arrangement entitling any agent, broker, investment banker, financial advisor
or other person to any broker’s or finder’s fee or any other commission or similar fee in connection with the transactions
contemplated by this Subscription Agreement for which the undersigned could become liable. Other than Morgan Stanley Co., LLC
(“Morgan Stanley”) and Cantor Fitzgerald & Co. (“Cantor” and each of Morgan Stanley
and Cantor a “Placement Agent” and, collectively, the “Placement Agents”), the Company is
not aware of any person that has been or will be paid (directly or indirectly) remuneration for solicitation of purchasers in
connection with the sale of any Shares.

 

f.
The Company is not, and immediately after receipt of payment for the Shares, will not be, an “investment company”
within the meaning of the Investment Company Act of 1940, as amended.

 

g.
Assuming the accuracy of the subscriber representations and warranties set forth in Section 5, in connection with the offer, sale
and delivery of the Shares in the manner contemplated by this Subscription Agreement, it is not necessary to register the Shares
under the Securities Act.

 

h.
The Shares (i) were not offered by any form of general solicitation or general advertising and (ii) assuming the accuracy of the
subscriber representations and warranties set forth in Section 5, are not being offered in a manner involving a public offering
under, or in a distribution in violation of, the Securities Act of 1933, as amended (the “Securities Act”),
or any state securities laws.

 

i.
As of the date hereof (and prior to giving effect to the consummation of the Transaction and this Offering, the authorized capital
of the Company consists of 200,000,000 Class A ordinary shares, (“Class A Ordinary Shares”), of which 25,800,000 are
outstanding, 20,000,000 Class B ordinary shares, (“Class B Ordinary Shares” and, together with the Class A Ordinary
Shares, “Ordinary Shares”), of which 6,450,000 are outstanding, and 1,000,00 preferred shares (“Preferred Shares”),
of which none are outstanding. All outstanding Ordinary Shares have been duly have been duly authorized and validly issued, are
fully paid and nonassessable and were not issued in violation of (or subject to) any preemptive rights (including any preemptive
rights set forth in the Organizational Documents (as such term is defined in the Transaction Agreement) of the Company), rights
of first refusal or similar rights. As of the date hereof (and, prior to giving effect to the consummation of the Transaction
and this Offering), the Company has issued 34,630,000 warrants (“Company Warrants”), each such Company Warrant
entitling the holder thereof to purchase one Class A Share. Other than the Company Warrants, there are no options, warrants, equity
securities, calls, rights, commitments or agreements to which the Company is a party or by which the Company is bound obligating
the Company to issue, exchange, transfer, deliver or sell, or cause to be issued, exchanged, transferred, delivered or sold, additional
Ordinary Shares or other equity interests of the Company or any security or rights convertible into or exchangeable or exercisable
for any Ordinary Shares or other equity interests of the Company, or obligating the Company to enter into any commitment or agreement
containing such obligation.

 

j
The Company understands that the foregoing representations and warranties shall be deemed material and to have been relied upon
by the undersigned.

 

    4

     

    

 

5.
Subscriber Representations, Warranties and Covenants. The undersigned represents and warrants to the Company that:

 

a.
At the time the undersigned was offered the Shares, it was, and as of the date hereof, the undersigned is (i) an institutional
“accredited investor” (within the meaning of Rule 501(a)(1), (2), (3) or (7) under the Securities Act, in each case,
satisfying the requirements set forth on Schedule A hereto, and (ii) is acquiring the Shares only for his, her or its own
account and (iii) not for the account of others, and not on behalf of any other account or person or with a view to, or for offer
or sale in connection with, any distribution thereof in violation of the Securities Act (and shall provide the requested information
on Schedule A following the signature page hereto). The undersigned is not an entity formed for the specific purpose of
acquiring the Shares.

 

b.
The undersigned understands that the Shares are being offered in a transaction not involving any public offering within the meaning
of the Securities Act and that the Shares delivered at the Closing have not been registered under the Securities Act. The undersigned
understands that the Shares may not be resold, transferred, pledged or otherwise disposed of by the undersigned absent an effective
registration statement under the Securities Act except (i) to the Company or a subsidiary thereof, (ii) to non-U.S. persons pursuant
to offers and sales that occur outside the United States within the meaning of Regulation S under the Securities Act or (iii)
pursuant to another applicable exemption from the registration requirements of the Securities Act, and in each of cases (i) and
(iii) in accordance with any applicable securities laws of the states and other jurisdictions of the United States, and that any
certificates representing the Shares delivered at the Closing shall contain a legend to such effect. The undersigned acknowledges
that the Shares will not be eligible for resale pursuant to Rule 144A promulgated under the Securities Act. The undersigned understands
and agrees that the Shares, until registered under an effective registration statement, will be subject to transfer restrictions
and, as a result of these transfer restrictions, the undersigned may not be able to readily resell the Shares and may be required
to bear the financial risk of an investment in the Shares for an indefinite period of time. The undersigned understands that it
has been advised to consult legal counsel prior to making any offer, resale, pledge or transfer of any of the Shares.

 

c.
The undersigned understands and agrees that the undersigned is purchasing Shares directly from the Company. The undersigned further
acknowledges that there have been no representations, warranties, covenants and agreements made to the undersigned by the Company,
or any of its officers or directors, expressly (other than those representations, warranties, covenants and agreements included
in this Subscription Agreement) or by implication.

 

d.
The undersigned’s acquisition and holding of the Shares will not constitute or result in a non-exempt prohibited transaction
under Section 406 of the Employee Retirement Income Security Act of 1974, as amended, Section 4975 of the Internal Revenue Code
of 1986, as amended, or any applicable similar law.

 

e.
The undersigned acknowledges and agrees that the undersigned has received such information as the undersigned deems necessary
in order to make an investment decision with respect to the Shares. Without limiting the generality of the foregoing, the undersigned
acknowledges that it has reviewed (i) the Company’s Registration Statement on Form S-4 filed with the United States Securities
and Exchange Commission, as amended (the “SEC”), (ii) the Company’s other filings with the SEC ((i) and
(ii) together, the “Company SEC Filings”) and (iii) the financial and related information for the year ended
December 31, 2018 of Hawk Parent set forth in the press release included in the Company’s Form 425 filed with the SEC on
March 11, 2019 ((i) and (iii) together, the “Investor Disclosure Package”). The undersigned represents and
agrees that the undersigned and the undersigned’s professional advisor(s), if any, have had the full opportunity to ask
the Company’s management questions, receive such answers and obtain such information as the undersigned and such undersigned’s
professional advisor(s), if any, have deemed necessary to make an investment decision with respect to the Shares. The undersigned
further acknowledges that the information contained in the Investor Disclosure Package is preliminary and subject to change, and
that any changes to the information contained in the Investor Disclosure Package, including, without limitation, any changes based
on updated information or changes in terms of the Transaction, shall in no way affect the undersigned’s obligation to purchase
the Shares hereunder, except as otherwise provided herein.

 

    5

     

    

 

f.
The undersigned became aware of this Offering of the Shares solely by means of direct contact between the undersigned and the
Company, the Placement Agents or a representative of the Company or Placement Agents, and the Shares were offered to the undersigned
solely by direct contact between the undersigned and the Company, the Placement Agents or a representative of the Company or Placement
Agents. The undersigned acknowledges that the Company represents and warrants that the Shares (i) were not offered by any form
of general solicitation or general advertising and (ii) are not being offered in a manner involving a public offering under, or
in a distribution in violation of, the Securities Act, or any state securities laws. The undersigned has a substantive pre-existing
relationship with the Company, Hawk Parent or its affiliates or a Placement Agent for the Offering of the Shares.

 

g.
The undersigned acknowledges that it is aware that there are substantial risks incident to the purchase and ownership of the Shares,
including those set forth in the Investor Disclosure Package and in the Company SEC Filings. The undersigned has such knowledge
and experience in financial and business matters as to be capable of evaluating the merits and risks of an investment in the Shares,
and the undersigned has sought such accounting, legal and tax advice as the undersigned has considered necessary to make an informed
investment decision.

 

h.
Alone, or together with any professional advisor(s), the undersigned has adequately analyzed and fully considered the risks of
an investment in the Shares and determined that the Shares are a suitable investment for the undersigned and that the undersigned
is able at this time and in the foreseeable future to bear the economic risk of a total loss of the undersigned’s investment
in the Company. The undersigned acknowledges specifically that a possibility of total loss exists.

 

i.
In making its decision to purchase the Shares, the undersigned has relied solely upon independent investigation made by the undersigned
and the representations and warranties set forth herein. Without limiting the generality of the foregoing, the undersigned has
not relied on any statements or other information provided by the Placement Agents concerning the Company or the Shares or the
offer and sale of the Shares.

 

j.
The undersigned understands and agrees that no federal or state agency has passed upon or endorsed the merits of the Offering
of the Shares or made any findings or determination as to the fairness of this investment or the accuracy or adequacy of the Investor
Disclosure Package or the Company SEC Filings.

 

k.
The undersigned has been duly formed or incorporated and is validly existing in good standing under the laws of its jurisdiction
of incorporation or formation.

 

l.
The execution, delivery and performance by the undersigned of this Subscription Agreement are within the powers of the undersigned,
have been duly authorized and will not constitute or result in a breach or default under or conflict with any order, ruling or
regulation of any court or other tribunal or of any governmental commission or agency, or any agreement or other undertaking,
to which the undersigned is a party or by which the undersigned is bound, and, if the undersigned is not an individual, will not
violate any provisions of the undersigned’s charter documents, including, without limitation, its incorporation or formation
papers, bylaws, indenture of trust or partnership or operating agreement, as may be applicable. The signature on this Subscription
Agreement is genuine, and the signatory, if the undersigned is an individual, has legal competence and capacity to execute the
same or, if the undersigned is not an individual the signatory has been duly authorized to execute the same, and this Subscription
Agreement constitutes a legal, valid and binding obligation of the undersigned, enforceable against the undersigned in accordance
with its terms.

 

    6

     

    

 

m.
Neither the due diligence investigation conducted by the undersigned in connection with making its decision to acquire the Shares
nor any representations and warranties made by the undersigned herein shall modify, amend or affect the undersigned’s right
to rely on the truth, accuracy and completeness of the Company’s representations and warranties contained herein.

 

n.
The undersigned is not (i) a person or entity named on the List of Specially Designated Nationals and Blocked Persons administered
by the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) or in any Executive Order
issued by the President of the United States and administered by OFAC (“OFAC List”), or a person or entity
prohibited by any OFAC sanctions program, (ii) a Designated National as defined in the Cuban Assets Control Regulations, 31 C.F.R.
Part 515, or (iii) a non-U.S. shell bank or providing banking services indirectly to a non-U.S. shell bank (collectively, a “Prohibited
Investor”). The undersigned agrees to provide law enforcement agencies, if requested thereby, such records as required
by applicable law, provided that the undersigned is permitted to do so under applicable law. If the undersigned is a financial
institution subject to the Bank Secrecy Act (31 U.S.C. Section 5311 et seq.) (the “BSA”), as amended by the
USA PATRIOT Act of 2001 (the “PATRIOT Act”), and its implementing regulations (collectively, the “BSA/PATRIOT
Act”), the undersigned maintains policies and procedures reasonably designed to comply with applicable obligations under
the BSA/PATRIOT Act. To the extent required, it maintains policies and procedures reasonably designed for the screening of its
investors against the OFAC sanctions programs, including the OFAC List. To the extent required, it maintains policies and procedures
reasonably designed to ensure that the funds held by the undersigned and used to purchase the Shares were legally derived.

 

o.
No disclosure or offering document has been prepared by the Placement Agents in connection with the offer and sale of the Shares.

 

p.
The Placement Agents and each of their members, directors, officers, employees, representatives and controlling persons have made
no independent investigation with respect to the Company or the Shares or the accuracy, completeness or adequacy of any information
supplied to the undersigned by the Company.

 

q.
In connection with the issue and purchase of the Shares, the Placement Agents have not acted as the undersigned’s financial
advisor or fiduciary.

 

r.
The undersigned will deliver on the Closing Date a signed copy of the “investor representation letter” in substantially
the form attached as Schedule A hereto.

 

    7

     

    

 

6.
Registration Rights.

 

a.
The Company agrees that, within fifteen (15) business days after the consummation of the Transaction, the Company (or its successor)
will file with the SEC (at the Company’s sole cost and expense) a registration statement registering the resale of the Shares
(the “Registration Statement”), and the Company shall use its commercially reasonable efforts to have the Registration
Statement declared effective as soon as practicable after the filing thereof. The Company agrees that the Company will cause such
Registration Statement or another registration statement (which may be a “shelf” registration statement) to remain
effective until the earlier of (i) two years from the issuance of the Shares, or (ii) on the first date on which the undersigned
can sell all of its Shares (or shares received in exchange therefor) under Rule 144 of the Securities Act without limitation as
to the manner of sale or the amount of such securities that may be sold. The undersigned agrees to disclose its beneficial ownership,
as determined in accordance with Rule 13d-3 of the Securities Exchange Act of 1934 (as amended, the “Exchange Act”),
of Shares to the Company (or its successor) upon request to assist the Company in making the determination described above. The
Company’s obligations to include the Shares in the Registration Statement are contingent upon the undersigned furnishing
in writing to the Company such information regarding the undersigned, the securities of the Company held by the undersigned and
the intended method of disposition of the Shares as shall be reasonably requested by the Company to effect the registration of
the Shares, and shall execute such documents in connection with such registration as the Company may reasonably request that are
customary of a selling stockholder in similar situations. The Company may delay filing or suspend the use of any such registration
statement if it determines that in order for the registration statement to not contain a material misstatement or omission, an
amendment thereto would be needed, or if such filing or use could materially affect a bona fide business or financing transaction
of the Company or would require premature disclosure of information that could materially adversely affect the Company (each such
circumstance, a “Suspension Event”); provided, that, (i) the Company shall not so delay filing or so suspend the use
of the Registration Statement for a period of more than ninety (90) consecutive days or more than two (2) times in any three hundred
and sixty (360) day period and (ii) the Company shall use commercially reasonable efforts to make such registration statement
available for the sale by the undersigned of such securities as soon as practicable thereafter. Upon receipt of any written notice
from the Company (which notice shall not contain any material non-public information regarding the Company) of the happening of
any Suspension Event during the period that the Registration Statement is effective or if as a result of a Suspension Event the
Registration Statement or related prospectus contains any untrue statement of a material fact or omits to state any material fact
required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were
made (in the case of the prospectus) not misleading, the undersigned agrees that (i) it will immediately discontinue offers and
sales of the Shares under the Registration Statement (excluding, for the avoidance of doubt, sales conducted pursuant to Rule
144) until the undersigned receives copies of a supplemental or amended prospectus (which the Company agrees to promptly prepare)
that corrects the misstatement(s) or omission(s) referred to above and receives notice that any post-effective amendment has become
effective or unless otherwise notified by the Company that it may resume such offers and sales, and (ii) it will maintain the
confidentiality of any information included in such written notice delivered by the Company unless otherwise required by law or
subpoena. If so directed by the Company, the undersigned will deliver to the Company or, in the undersigned’s sole discretion
destroy, all copies of the prospectus covering the Shares in the undersigned’s possession; provided, however, that this
obligation to deliver or destroy all copies of the prospectus covering the Shares shall not apply (i) to the extent the undersigned
is required to retain a copy of such prospectus (a) in order to comply with applicable legal, regulatory, self-regulatory or professional
requirements or (b) in accordance with a bona fide pre-existing document retention policy or (ii) to copies stored electronically
on archival servers as a result of automatic data back-up. Not less than three (3) business days prior to filing the Registration
Statement (or any amendment thereto), the Company will provide the undersigned an opportunity to review and comment on the disclosure
regarding the undersigned.

 

    8

     

    

 

b.
The Company shall, notwithstanding any termination of this Subscription Agreement, indemnify, defend and hold harmless the undersigned
(to the extent a seller under the Registration Statement), the officers, directors, agents, partners, members, managers, stockholders,
affiliates, employees and investment advisers of the undersigned, each person who controls the undersigned (within the meaning
of Section 15 of the Securities Act or Section 20 of the Exchange Act of 1934, as amended (the “Exchange Act”)
and the officers, directors, partners, members, managers, stockholders, agents, affiliates, employees and investment advisers
of each such controlling person, to the fullest extent permitted by applicable law, from and against any and all losses, claims,
damages, liabilities, costs (including, without limitation, reasonable attorneys’ fees) and expenses (collectively, “Losses”),
as incurred, that arise out of or are based upon (i) any untrue or alleged untrue statement of a material fact contained
in the Registration Statement, any prospectus included in the Registration Statement or any form of prospectus or in any amendment
or supplement thereto or in any preliminary prospectus, or arising out of or relating to any omission or alleged omission to state
a material fact required to be stated therein or necessary to make the statements therein (in the case of any prospectus or form
of prospectus or supplement thereto, in light of the circumstances under which they were made) not misleading, or (ii) any
violation or alleged violation by the Company of the Securities Act, Exchange Act or any state securities law or any rule or regulation
thereunder, in connection with the performance of its obligations under this Section 6, except to the extent, but only to
the extent, that such untrue statements, alleged untrue statements, omissions or alleged omissions are based upon information
regarding the undersigned furnished in writing to the Company by the undersigned expressly for use therein. The Company shall
notify the undersigned promptly of the institution, threat or assertion of any proceeding arising from or in connection with the
transactions contemplated by this Section 6 of which the Company is aware. Such indemnity shall remain in full force and
effect regardless of any investigation made by or on behalf of an indemnified party and shall survive the transfer of the Shares
by the undersigned. Notwithstanding the forgoing, the Company’s indemnification obligations shall not apply to amounts paid
in settlement of any Losses or action if such settlement is effected without the prior written consent of the Company (which consent
shall not be unreasonably withheld or delayed).

 

c.
The undersigned shall, severally and not jointly with any other subscriber in the Offering, indemnify and hold harmless the Company,
its directors, officers, agents and employees, each person who controls the Company (within the meaning of Section 15 of
the Securities Act and Section 20 of the Exchange Act), and the directors, officers, agents or employees of such controlling
persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or are based
upon any untrue or alleged untrue statement of a material fact contained in any Registration Statement, any prospectus included
in the Registration Statement, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus,
or arising out of or relating to any omission or alleged omission of a material fact required to be stated therein or necessary
to make the statements therein (in the case of any prospectus, or any form of prospectus or supplement thereto, in light of the
circumstances under which they were made) not misleading to the extent, but only to the extent, that such untrue statements or
omissions are based upon information regarding the undersigned furnished in writing to the Company by the undersigned expressly
for use therein. In no event shall the liability of the undersigned be greater in amount than the dollar amount of the net proceeds
received by the undersigned upon the sale of the Shares giving rise to such indemnification obligation. Notwithstanding the forgoing,
the undersigned’s indemnification obligations shall not apply to amounts paid in settlement of any Losses or action if such
settlement is effected without the prior written consent of the undersigned (which consent shall not be unreasonably withheld
or delayed).

 

7.
Termination. This Subscription Agreement shall terminate and be void and of no further force and effect, and all rights
and obligations of the parties hereunder shall terminate without any further liability on the part of any party in respect thereof,
upon the earlier to occur of (a) such date and time as the Transaction Agreement is terminated in accordance with its terms, (b)
upon the mutual written agreement of each of the parties hereto to terminate this Subscription Agreement or (c) the transactions
contemplated by this Subscription Agreement are not consummated prior to July 15, 2019; provided that nothing herein will
relieve any party from liability for any willful breach hereof prior to the time of termination, and each party will be entitled
to any remedies at law or in equity to recover losses, liabilities or damages arising from such breach. The Company shall promptly
notify the undersigned of the termination of the Transaction Agreement promptly after the termination of such agreement.

 

    9

     

    

 

8.
Trust Account Waiver. Reference is made to the final prospectus of the Company, filed with the SEC (File No. 333-224581)
(the “Prospectus”), and dated as of June 8, 2018. The Company shall provide the undersigned with a copy of
the Prospectus upon request and the undersigned hereby represents and warrants that it understands that the Company has established
a trust account (the “Trust Account”) containing the proceeds of its initial public offering (the “IPO”)
and from certain private placements occurring simultaneously with the IPO (including interest accrued from time to time thereon)
for the benefit of the Company’s public stockholders (including overallotment shares acquired by the Company’s underwriters,
the “Public Stockholders”), and that, except as otherwise described in the Prospectus, the Company may disburse
monies from the Trust Account only: (a) to the Public Stockholders in the event they elect to redeem their Company shares in connection
with the consummation of the Company’s initial business combination (as such term is used in the Prospectus) (the “Business
Combination”) or in connection with an extension of the deadline to consummate a Business Combination, (b) to the Public
Stockholders if the Company fails to consummate a Business Combination within twenty-four (24) months after the closing of the
IPO, (c) with respect to any interest earned on the amounts held in the Trust Account, as necessary to pay any franchise or income
taxes or (d) to the Company after or concurrently with the consummation of a Business Combination. For and in consideration of
the Company entering into this Subscription Agreement, and for other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the undersigned, on behalf of itself and its controlling persons acting on its behalf, hereby
agrees that, notwithstanding anything to the contrary in this Subscription Agreement, (i) it and its controlling persons acting
on its behalf do not now and shall not at any time hereafter have any right, title, interest or claim of any kind in or to any
assets held in the Trust Account (including distributions directly or indirectly to public stockholders therefrom (“Public
Distributions”)) arising from, as a result of or in connection with this Subscription Agreement, any ancillary documents
entered in connection herewith, the transactions contemplated hereby or thereby, or any discussions in connection therewith, (ii)
agrees that it shall not make any claim against the Trust Account (including Public Distributions) arising from, as a result of
or in connection with this Subscription Agreement, any ancillary documents entered in connection herewith, the transactions contemplated
hereby or thereby, or any discussions in connection therewith, regardless of whether such claim arises based on contract, tort,
equity or any other theory of legal liability (collectively, the “Released Claims”), (iii) it and its controlling
persons acting on its behalf shall not make any claim against the Trust Account (including Public Distributions) for any Released
Claims, (iv) it and its controlling persons acting on its behalf hereby irrevocably waive any Released Claims that it or its controlling
persons acting on its behalf may have against the Trust Account (including any Public Distributions) now or in the future, (v)
it and its controlling persons acting on its behalf will not seek recourse against the Trust Account (including Public Distributions)
in respect of any Released Claims, and (vi) such irrevocable waiver set forth herein is material to this Subscription Agreement
and specifically relied upon by the Company and its affiliates to induce the Company to enter in this Subscription Agreement,
and the undersigned further intends and understands such waiver to be valid, binding and enforceable under applicable law against
the undersigned and each of its controlling persons acting on its behalf. For the avoidance of doubt, the parties acknowledge
that the undersigned and its controlling persons acting on its behalf are not releasing or waiving any rights that they may have
as Public Stockholders to receive funds from the Trust Account in their capacity as Public Stockholders upon the redemption of
their shares of the Company or the liquidation of the Company, as described in the Prospectus. Notwithstanding anything to the
contrary contained in this Subscription Agreement, the provisions of this Section 8 shall survive the Closing or any termination
of this Subscription Agreement and last indefinitely.

 

9.
Miscellaneous.

 

a.
Neither this Subscription Agreement nor any rights that may accrue to the undersigned hereunder (other than the Shares acquired
hereunder, if any) may be transferred or assigned.

 

b.
The Company may request from the undersigned such additional information as the Company may deem necessary to evaluate the eligibility
of the undersigned to acquire the Shares, and the undersigned shall provide such information to the Company upon such request,
it being understood by the undersigned that the Company may reject the undersigned’s subscription prior to the Closing Date
in the event the undersigned fails to provide such additional information requested by the Company to evaluate the undersigned’s
eligibility.

 

    10

     

    

 

c.
The undersigned acknowledges that the Company, the Placement Agents and others will rely on the acknowledgments, understandings,
agreements, representations and warranties contained in this Subscription Agreement. Prior to the Closing, the undersigned agrees
to promptly notify the Company if any of the acknowledgments, understandings, agreements, representations and warranties set forth
herein are no longer accurate. The undersigned agrees that the purchase by the undersigned of Shares from the Company will constitute
a reaffirmation of the acknowledgments, understandings, agreements, representations and warranties herein (as modified by any
such notice) by the undersigned as of the time of such purchase. The undersigned further acknowledges and agrees that the Placement
Agents are third-party beneficiaries of the representations and warranties of the undersigned contained in Section 5 of this Subscription
Agreement.

 

d.
The Company is entitled to rely upon this Subscription Agreement and is irrevocably authorized to produce this Subscription
Agreement or a copy hereof to any interested party in any administrative or legal proceeding or official inquiry with respect
to the matters covered hereby. The undersigned shall consult with the Company in issuing any press release or making any
other similar public statement with respect to the transactions contemplated hereby, and the undersigned shall not issue any
such press release or make any such public statement without the prior consent (such consent not to be unreasonably withheld
or delayed) of the Company, provided that the consent of the Company shall not be required if such disclosure is required by
law, in which case the undersigned shall promptly provide the other party with prior notice of such disclosure.
Notwithstanding the foregoing, the Company shall not publicly disclose the name of the undersigned or any affiliate or
investment adviser of the undersigned without the prior written consent (including by e-mail) of the undersigned, except as
required by the federal securities laws, rules or regulations and to the extent such disclosure is required by other laws,
rules or regulations, at the request of the staff of the Commission or regulatory agency or under Nasdaq regulations, in
which case the Company shall provide the undersigned with prior written notice (including by e-mail) of such permitted
disclosure, and shall reasonably consult with the undersigned regarding such disclosure. The undersigned hereby consents to
the Company issuing a press release in the form attached hereto as Schedule B.

 

e.
All the agreements, representations and warranties made by each party hereto in this Subscription Agreement shall survive the
Closing.

 

f.
The Company shall, by 9:00 a.m., New York City time, on the first (1st) business day immediately following the date of
this Subscription Agreement, issue one or more press releases or file with the SEC a Current Report on Form 8-K
(collectively, the “Disclosure Document”) disclosing, to the extent not previously publicly disclosed, all
material terms of the transactions contemplated hereby (and of the other subscription agreements entered into prior to the
release or filing of such Disclosure Document in connection with the Offering), the Transaction and any other material,
nonpublic information that the Company has, directly or indirectly through the Placement Agents, provided to the undersigned
at any time prior to the filing of the Disclosure Document.

 

g.
This Subscription Agreement may not be modified, waived or terminated except by an instrument in writing, signed by the party
against whom enforcement of such modification, waiver, or termination is sought.

 

h.
This Subscription Agreement constitutes the entire agreement, and supersedes all other prior agreements, understandings,
representations and warranties, both written and oral, among the parties, with respect to the subject matter hereof. This
Subscription Agreement shall not confer any rights or remedies upon any person other than the parties hereto, and their
respective successor and assigns.

 

    11

     

    

 

i.
This Subscription Agreement shall be binding upon, and inure to the benefit of the parties hereto and their heirs, executors,
administrators, successors, legal representatives, and permitted assigns, and the agreements, representations, warranties, covenants
and acknowledgments contained herein shall be deemed to be made by, and be binding upon, such heirs, executors, administrators,
successors, legal representatives and permitted assigns.

 

j.
If any provision of this Subscription Agreement shall be invalid, illegal or unenforceable, the validity, legality or enforceability
of the remaining provisions of this Subscription Agreement shall not in any way be affected or impaired thereby and shall continue
in full force and effect.

 

k.
This Subscription Agreement may be executed in one or more counterparts (including by facsimile or electronic mail or in .pdf)
and by different parties in separate counterparts, with the same effect as if all parties hereto had signed the same document.
All counterparts so executed and delivered shall be construed together and shall constitute one and the same agreement.

 

l.
The parties hereto agree that irreparable damage would occur in the event that any of the provisions of this Subscription Agreement
were not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed that the parties
shall be entitled to an injunction or injunctions to prevent breaches of this Subscription Agreement and to enforce specifically
the terms and provisions of this Subscription Agreement, this being in addition to any other remedy to which such party is entitled
at law, in equity, in contract, in tort or otherwise.

 

m.
THIS SUBSCRIPTION AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT
REGARD TO THE PRINCIPLES OF CONFLICTS OF LAWS THAT WOULD OTHERWISE REQUIRE THE APPLICATION OF THE LAW OF ANY OTHER STATE. EACH
PARTY HERETO HEREBY WAIVES ANY RIGHT TO A JURY TRIAL IN CONNECTION WITH ANY LITIGATION PURSUANT TO THIS SUBSCRIPTION AGREEMENT
AND THE TRANSACTIONS CONTEMPLATED HEREBY.

 

n.
All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given if mailed or transmitted
and confirmed by any standard form of telecommunication.

 

Notice
to the Company shall be given to:

 

Thunder
Bridge Acquisition, Ltd.

9912
Georgetown Pike Suite D203

Great
Falls, Virginia 22066

Attn.:
Gary A. Simanson

 

with
a copy to (which shall not constitute notice):

 

Ellenoff
Grossman & Schole LLP 

1345
Avenue of the Americas

New
York, New York 10105

Attn.:
Tamar Donikyan, Esq.

tdonikyan@egsllp.com

 

    12

     

    

 

Notice
to the Placement Agents shall be given to:

 

Morgan
Stanley &. Co. LLC

1585
Broadway

New
York, New York 10036

Attention:
Paul Wasinger and Taylor Wright

 

and

 

Cantor
Fitzgerald & Co.

110
East 59th Street

New
York, NY 10022

Attention:
David Batalion & Kevin Brennan

 

with
a copy to (which shall not constitute notice):

 

Ropes
& Gray LLP

1211
Avenue of the Americas

New
York, New York 10036

Attn:
Paul D. Tropp, Esq.

paul.tropp@ropesgray.com

 

Notice
to Hawk Parent shall be given to:

 

Hawk
Parent Holdings LLC

c/o Repay Holdings, LLC

3
West Paces Ferry Road, Suite 200

Atlanta,
Georgia 30305

Attention:
John A. Morris, CEO

(404)
504-7474 (phone)

jmorris@repayonline.com

 

With
a required copy to (which shall not constitute notice):

 

Simpson
Thacher & Bartlett LLP

425
Lexington Avenue

New
York, New York 10017

Attention:
Maripat Alpuche

(212)
455-3971 (phone)

malpuche@stblaw.com

 

10.
Non-Reliance and Exculpation. The undersigned acknowledges that it is not relying upon, and has not relied upon, any statement,
representation or warranty made by any person, firm or corporation (including, without limitation, the Placement Agents, any of
their affiliates or any of its or their control persons, officers, directors and employees), other than the statements, representations
and warranties contained in this Subscription Agreement, in making its investment or decision to invest in the Company. The undersigned
agrees that, without limiting the Company’s obligations hereunder, neither (i) any other purchaser pursuant to this Subscription
Agreement or any other Subscription Agreement related to the private placement of the Shares (including the respective controlling
persons, members, officers, directors, partners, agents, or employees of any purchaser) nor (ii) Placement Agents, their affiliates
or any of its or their control persons, officers, directors or employees, shall be liable to any other purchaser pursuant to this
Subscription Agreement or any other Subscription Agreement related to the private placement of the Shares for any action heretofore
or hereafter taken or omitted to be taken by any of them in connection with the purchase of the Shares.

  

[SIGNATURE
PAGES FOLLOW]

 

    13

     

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Subscription Agreement to be duly executed by their respective authorized
signatories as of the date first indicated above.

 

	THUNDER
    BRIDGE ACQUISITION LTD.	 	Address
    for Notice: 
	 	 	 
	 	 	Thunder
    Bridge Acquisition, Ltd.
	 	 	9912
    Georgetown Pike Suite D203 
	 	 	Great
    Falls, Virginia 22066
	 	 	
	 	 	 
	By:	 	 	 
	 	Name: Gary Simanson	 	 
	 	Title: Chief Executive Officer	 	 

 

    14

     

    

 

[PURCHASER
SIGNATURE PAGES TO SUBSCRIPTION AGREEMENT]

 

IN
WITNESS WHEREOF, the undersigned have caused this Subscription Agreement to be duly executed by their respective authorized signatories
as of the date first indicated above.

 

Name(s)
of Subscriber: ________________________________________________________

 

Signature
of Authorized Signatory of Subscriber: __________________________________

 

Name
of Authorized Signatory: ____________________________________________________

 

Title
of Authorized Signatory: _____________________________________________________

 

Email
Address of Authorized Signatory: ______________________________________________

 

Facsimile
Number of Authorized Signatory: _____________________________________________

 

Address
for Notice to Subscriber:

 

Address
for Delivery of Shares to Subscriber (if not same as address for notice):

 

Subscription
Amount: $_________________

 

Shares:
_________________

 

EIN
Number: _______________________

 

 

[SIGNATURE
PAGES CONTINUE]

 

    15

     

    

 

SCHEDULE
A

  

INVESTOR
REPRESENTATION LETTER

 

    16

     

    

 

Morgan
Stanley & Co. LLC

1585
Broadway

New
York, New York 10036

 

Cantor
Fitzgerald & Co.

499
Park Avenue

New
York, New York 10022

 

Re:
Purchase of shares of a Class A ordinary shares (the “Securities”) issued by Thunder Bridge Acquisition, Ltd. (the
“Company”)

 

Ladies
and Gentlemen:

 

In
connection with the offer and sale of the Securities to be issued by the Company, we represent, warrant, agree and acknowledge
as follows:

 

1.
No disclosure or offering document has been prepared in connection with the offer and sale of the Securities by Morgan Stanley
& Co. LLC or any of its affiliates (“Morgan Stanley”) or Cantor Fitzgerald & Co. or any of its affiliates
(“Cantor”).

 

2.
(a) We have conducted our own investigation of the Company and the Securities and we have not relied on any statements or other
information provided by Morgan Stanley concerning the Company or the Securities or the offer and sale of the Securities, (b) we
have had access to, and an adequate opportunity to review, financial and other information as we deem necessary to make our decision
to purchase the Securities, (c) we have been offered the opportunity to ask questions of the Company and received answers thereto,
as we deemed necessary in connection with our decision to purchase the Securities; and (d) we have made our own assessment and
have satisfied ourselves concerning the relevant tax and other economic considerations relevant to our investment in the Securities.

 

3.
Morgan Stanley, Cantor and their directors, officers, employees, representatives and controlling persons have made no independent
investigation with respect to the Company or the Securities or the accuracy, completeness or adequacy of any information supplied
to us by the Company.

 

4.
In connection with the issue and purchase of the Securities, neither Morgan Stanley nor Cantor has acted as our financial advisor
or fiduciary.

 

5.
We are (x) a qualified institutional buyer (as defined in Rule 144A of the Securities Act of 1933 as amended (the “Securities
Act”)), or (y) an accredited investor (as defined in Rule 501 of the Securities Act). Accordingly, we understand that Morgan
Stanley and Cantor have determined that the offering meets the exemptions from filing under FINRA Rule 5123(b)(1)(C) or (J).

 

6.
We are aware that the sale to us is being made in reliance on a private placement exemption from registration under the Securities
Act and are acquiring the Securities for our own account or for an account over which we exercise sole discretion for another
qualified institutional buyer or accredited investor (each as defined above).

 

    17

     

    

 

7.
We are able to fend for ourselves in the transactions contemplated herein; have such knowledge and experience in financial and
business matters as to be capable of evaluating the merits and risks of our prospective investment in the Securities; and have
the ability to bear the economic risks of our prospective investment and can afford the complete loss of such investment.

 

8.
The Securities have not been registered under the Securities Act or any other applicable securities laws, are being offered for
resale in transactions not requiring registration under the Securities Act, and unless so registered, may not be offered, sold
or otherwise transferred except in compliance with the registration requirements of the Securities Act or any other applicable
securities laws, pursuant to any exemption therefrom or in a transaction not subject thereto.

  

	Very truly yours,	 
	 	 
	[NAME OF INVESTOR]	 
	 	 
	By:	 	 
	Name:	 
	Title:	 
	 	 
	Date:	 

 

    18

     

    

 

SCHEDULE
B

 

APPROVED
PRESS RELEASE

 

 

19

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