Document:

Exhibit 10.3

 

FORFEITURE AGREEMENT

 

	Constellation Alpha Capital Corp.	 

2054 Vista Parkway

Emerald View, Suite 400

West Palm Beach, FL 33411

 

DermTech, Inc.

11099 N. Torrey Pines Road, #100

La Jolla, California 92037

Attn: Steven Kemper (skemper@dermtech.com)

 

May 29, 2019

		Re:	Forfeiture
Agreement

 

Ladies and Gentlemen:

 

This letter (this “Letter
Agreement”) is being delivered to you in connection with that certain Agreement and Plan of Merger, dated as of May
29, 2019 (as it may be amended from time to time, the “Merger Agreement”), by and among Constellation
Alpha Capital Corp., a company incorporated in the British Virgin Islands (“Constellation”), DT Merger
Sub, Inc., a Delaware corporation, and DermTech, Inc., a Delaware corporation (the “Company”), relating
to the proposed business combination between the Company and Constellation. Unless otherwise defined herein, capitalized terms
are used herein as defined in the Merger Agreement.

 

In order to induce
the Company and Constellation to enter into the Merger Agreement and to proceed with the consummation of the Merger and the transactions
contemplated thereby, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
Centripetal, LLC, a Delaware limited liability company (the “Sponsor”), hereby agrees with the Company
and Constellation as follows:

 

1.          Substantially
simultaneously with, but immediately prior to, the Effective Time, the Sponsor shall forfeit and surrender, and/or cause the forfeiture
and surrender to Constellation, for no consideration of, 2,694,779 shares of Constellation Common Stock.

 

2.          The
Sponsor hereby agrees to take, and authorizes Constellation to take, such other actions as shall be necessary to evidence such
surrender and forfeiture as of immediately prior to the Effective Time.

 

3.          This
Letter Agreement constitutes the entire agreement and understanding of the parties hereto in respect of the subject matter hereof
and supersedes all prior understandings, agreements, or representations by or among the parties hereto, written or oral, to the
extent they relate in any way to the subject matter hereof or the transactions contemplated hereby. This Letter Agreement may not
be changed, amended, modified or waived (other than to correct a typographical error) as to any particular provision, except by
a written instrument executed by all parties hereto.

 

4.          This
Letter Agreement shall automatically terminate and be of no force and effect upon the termination of the Merger Agreement for any
reason.

 

5.          No
party hereto may assign either this Letter Agreement or any of its rights, interests, or obligations hereunder without the prior
written consent of the other party, except as provided above. Any purported assignment in violation of this paragraph shall be
void and ineffectual and shall not operate to transfer or assign any interest or title to the purported assignee. This Letter Agreement
shall be binding on the Sponsor and its successors and permitted assigns. Any transfer made in contravention of this Letter Agreement
shall be null and void.

 

     

     

    

 

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

 

7.          This
Letter Agreement may be executed and delivered (including by facsimile transmission or by electronic transmission) in one or more
counterparts, and by the different parties hereto in separate counterparts, each of which when executed shall be deemed to be an
original but all of which taken together shall constitute one and the same agreement.

 

[Signature Pages Follow]

 

    	2

     

    

 

	 	Centripetal, LLC
	 	 
	 	By: 	/s/ Rajiv Shukla
	 	 	Name: 	Rajiv Shukla
	 	 	Title:	 Managing Member

 

	Acknowledged and Agreed: 	 
	 	 
	CONSTELLATION ALPHA CAPITAL CORP.,	 
	 	 
	By:	 /s/ Rajiv Shukla	 
	 	Name: Rajiv Shukla	 
	 	
        Title: Chairman and Chief Executive Officer

        
	 

 

	DERMTECH, INC.	 
	 	 
	By:	 /s/ John Dobak	 
	 	Name: John Dobak	 
	 	Title: Chief Executive Officer	 

 

[Signature Page to Forfeiture Agreement]Exhibit 10.4

 

Execution Version

  

STOCKHOLDER SUPPORT AGREEMENT

 

STOCKHOLDER SUPPORT AGREEMENT, dated as of
May 29, 2019 (this “Agreement”), by and among Constellation Alpha Capital
Corp., a company incorporated in the British Virgin Islands (“Constellation”), and certain of the stockholders
of DermTech, Inc., a Delaware corporation (the “Company”), whose
names appear on the signature pages of this Agreement (each, a “Stockholder” and, collectively, the “Stockholders”).

 

WHEREAS, Constellation, DT Merger Sub, Inc.,
a Delaware corporation and wholly owned subsidiary of Constellation (“Merger Sub”), and the Company propose
to enter into, simultaneously herewith, an Agreement and Plan of Merger (the “Merger Agreement”; terms used
but not defined in this Agreement shall have the meanings ascribed to them in the Merger Agreement), a copy of which has been made
available to each Stockholder, which provides, among other things, that, upon the terms and subject to the conditions thereof,
Merger Sub will be merged with and into the Company (the “Merger”), with the Company surviving the Merger as
a wholly owned subsidiary of Constellation; and

 

WHEREAS, as of the date hereof, each Stockholder
owns of record the number of shares Company Common Stock and Company Preferred Stock as set forth opposite such Stockholder’s
name on Exhibit A hereto (all such shares of Company Common Stock and Company Preferred Stock and any shares of Company
Common Stock and Company Preferred Stock of which ownership of record or the power to vote is hereafter acquired by the Stockholders
prior to the termination of this Agreement being referred to herein as the “Shares”).

 

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

 

1.  Agreement to Vote. Each
Stockholder, by this Agreement, with respect to its Shares, severally and not jointly, hereby agrees (and agrees to execute such
documents or certificates evidencing such agreement as Constellation may reasonably request in connection therewith) to vote, at
any meeting of the stockholders of the Company, and in any action by written consent of the stockholders of the Company, all of
such Stockholder’s Shares (a) in favor of the approval and adoption of the Merger Agreement and approval of the Merger and
all other transactions contemplated by the Merger Agreement and this Agreement, (b) against any action, agreement or transaction
(other than the Merger Agreement or the transactions contemplated thereby) or proposal that would result in a breach of any covenant,
representation or warranty or any other obligation or agreement of the Company under the Merger Agreement or that would reasonably
be expected to result in the failure of the Merger and the other transactions contemplated by the Merger Agreement from being consummated,
and (c) in favor of any other matter reasonably necessary to the consummation of the transactions contemplated by the Merger Agreement
and considered and voted upon by the stockholders of the Company. Each Stockholder acknowledges receipt and review of a copy of
the Merger Agreement.

 

2.  Transfer of Shares. Each
Stockholder severally and not jointly, agrees that it shall not, directly or indirectly, (a) sell, assign, transfer (including
by operation of law), lien, pledge, dispose of or otherwise encumber any of the Shares or otherwise agree to do any of the foregoing
(unless the transferee agrees to be bound by this Agreement), (b) deposit any Shares into a voting trust or enter into a voting
agreement or arrangement or grant any proxy or power of attorney with respect thereto that is inconsistent with this Agreement,
(c) enter into any contract, option or other arrangement or undertaking with respect to the direct or indirect acquisition
or sale, assignment, transfer (including by operation of law) or other disposition of any Shares (unless the transferee agrees
to be bound by this Agreement), or (d) take any action that would make any representation or warranty of such Stockholder herein
untrue or incorrect in any material respect or have the effect of preventing or disabling the Stockholder from performing its obligations
hereunder.

 

     

     

    

 

3.  No Solicitation of Transactions.
Each of the Stockholders severally and not jointly, agrees not to directly or indirectly, through any officer, director, representative,
agent or otherwise, (a) solicit, initiate or encourage (including by furnishing information) the submission of, or participate
in any discussions or negotiations regarding, any transaction in violation of the Merger Agreement or (b) participate in any discussions
or negotiations regarding, or furnish to any person, any information with respect to, or otherwise cooperate in any way with respect
to, or assist or participate in, facilitate or encourage, any unsolicited proposal that constitutes, or may reasonably be expected
to lead to, a Superior Proposal in violation of the Merger Agreement. Each Stockholder shall, and shall direct or cause its representatives
and agents to, immediately cease and cause to be terminated any discussions or negotiations with any parties that may be ongoing
with respect to any transaction involving the Company (other than the transactions contemplated by the Merger Agreement) to the
extent required by the Merger Agreement.

 

4.  Representations and Warranties.
Each Stockholder severally and not jointly, represents and warrants to Constellation as follows:

 

(a)          The
execution, delivery and performance by such Stockholder of this Agreement and the consummation by such Stockholder of the transactions
contemplated hereby do not and will not (i) conflict with or violate any United States or non-United States statute, law, ordinance,
regulation, rule, code, executive order, injunction, judgment, decree or other order applicable to such Stockholder, (ii) require
any consent, approval or authorization of, declaration, filing or registration with, or notice to, any person or entity, (iii)
result in the creation of any encumbrance on any Shares or (iv) conflict with or result in a breach of or constitute a default
under any provision of such Stockholder’s governing documents.

 

(b)          Such
Stockholder owns exclusively, beneficially and of record and has good, valid and marketable title to the Shares set forth opposite
the Stockholder’s name on Exhibit A free and clear of any security interest, lien, claim, pledge, proxy, option, right
of first refusal, agreement, voting restriction, limitation on disposition, charge, adverse claim of ownership or use or other
encumbrance of any kind, other than pursuant to (i) this Agreement and (ii) applicable securities laws, and has the sole power
(as currently in effect) to vote and full right, power and authority to sell, transfer and deliver such Shares, and such Stockholder
does not own, directly or indirectly, any other Shares.

 

(c)          Such
Stockholder has the power, authority and capacity to execute, deliver and perform this Agreement and that this Agreement has been
duly authorized, executed and delivered by such Stockholder.

 

5.  Termination. This Agreement
and the obligations of the Stockholders under this Agreement shall automatically terminate upon the earliest of (a) the Effective
Time; and (b) the termination of the Merger Agreement in accordance with its terms. Nothing in this Section 5 shall relieve
any party of liability for any breach of this Agreement occurring prior to termination.

 

6.  Miscellaneous.

 

(a)          Except
as otherwise provided herein, all costs and expenses incurred in connection with this Agreement and the transactions contemplated
hereby shall be paid by the party incurring such costs and expenses, whether or not the transactions contemplated hereby are consummated.

 

    	2

     

    

 

(b)          All
notices, requests, claims, demands and other communications hereunder shall be in writing and shall be given (and shall be deemed
to have been duly given upon receipt) by delivery in person, by telecopy or e-mail or by registered or certified mail (postage
prepaid, return receipt requested) to the respective parties at the following addresses or e-mail addresses (or at such other address
or email address for a party as shall be specified in a notice given in accordance with this Section 6(b)):

 

If to Constellation, to it at:

 

Constellation Alpha Capital Corp.

2054 Vista Parkway

Emerald View, Suite 400

West Palm Beach, FL 33411

Telephone No.: (561) 404-9034

Attention:          Rajiv Shukla

Email:                  rss@constellationalpha.com

 

with a copy to:

 

Greenberg Traurig, LLP

200 Park Avenue

New York, New York 10166

Telephone No.: (212) 801-9200

Attention:          Joseph Herz

Email:                 Herzj@gtlaw.com

 

If to a Stockholder, to the address
or email address set forth for Stockholder on the signature page hereof.

 

(c)          If
any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any rule of law, or public
policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the
economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party.
Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto
shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible
in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to
the fullest extent possible.

 

(d)          This
Agreement constitutes the entire agreement among the parties with respect to the subject matter hereof and supersedes all prior
agreements and undertakings, both written and oral, among the parties, or any of them, with respect to the subject matter hereof.
This Agreement shall not be assigned (whether pursuant to a merger, by operation of law or otherwise), except that Constellation
may assign all or any of its rights and obligations hereunder to any affiliate of Constellation, provided that no such assignment
shall relieve the assigning party of its obligations hereunder if such assignee does not perform such obligations.

 

(e)          This
Agreement shall be binding upon and inure solely to the benefit of each party hereto, and nothing in this Agreement, express or
implied, is intended to or shall confer upon any other person any right, benefit or remedy of any nature whatsoever under or by
reason of this Agreement. No Stockholder shall be liable for the breach by any other Stockholder of this Agreement.

 

    	3

     

    

 

(f)          The
parties hereto agree that irreparable damage would occur in the event any provision of this Agreement was not performed in accordance
with the terms hereof and that the parties shall be entitled to specific performance of the terms hereof, in addition to any other
remedy at law or in equity.

 

(g)          This
Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware applicable to contracts executed
in and to be performed in that State. All Actions arising out of or relating to this Agreement shall be heard and determined exclusively
in any Delaware Chancery Court. The parties hereto hereby (i) submit to the exclusive jurisdiction of the Delaware Chancery Court
for the purpose of any Action arising out of or relating to this Agreement brought by any party hereto, and (ii) irrevocably
waive, and agree not to assert by way of motion, defense, or otherwise, in any such Action, any claim that it is not subject personally
to the jurisdiction of the above-named courts, that its property is exempt or immune from attachment or execution, that the Action
is brought in an inconvenient forum, that the venue of the Action is improper, or that this Agreement or the transactions contemplated
hereunder may not be enforced in or by any of the above-named courts.

 

(h)          This
Agreement may be executed and delivered (including by facsimile or portable document format (pdf) transmission) in one or more
counterparts, and by the different parties hereto in separate counterparts, each of which when executed shall be deemed to be an
original but all of which taken together shall constitute one and the same agreement.

 

(i)          At
the request of Constellation, in the case of any Stockholder, or at the request of the Stockholders, in the case of Constellation,
and without further consideration, each party shall execute and deliver or cause to be executed and delivered such additional documents
and instruments and take all such further action as may be reasonably necessary or desirable to consummate the transactions contemplated
by this Agreement.

 

(j)          This
Agreement shall not be effective or binding upon any Stockholder until after such time as the Merger Agreement is executed and
delivered by the Company, Constellation and Merger Sub.

 

(k)          Each
of the parties hereto hereby waives to the fullest extent permitted by applicable law any right it may have to a trial by jury
with respect to any litigation directly or indirectly arising out of, under or in connection with this Agreement. Each of the parties
hereto (i) certifies that no representative, agent or attorney of any other party has represented, expressly or otherwise, that
such other party would not, in the event of litigation, seek to enforce that foregoing waiver and (ii) acknowledges that it and
the other parties hereto have been induced to enter into this Agreement and the transactions contemplated hereby, as applicable,
by, among other things, the mutual waivers and certifications in this Paragraph (k).

 

[Signature pages follow]

 

    	4

     

    

 

IN WITNESS WHEREOF, the parties have executed
this Agreement as of the date first written above.

 

	 	CONSTELLATION ALPHA CAPITAL CORP.
	 	 	 
	 	By: 	                     
	 	Name:  	 
	 	Title:	 

 

Signature page to Stockholder Support
Agreement

 

     

     

    

 

IN WITNESS WHEREOF, the parties
have executed this Agreement as of the date first written above.

 

	 	 
	 	[Stockholder]
	 	 
	 	Address:
	 	 
	 	Email:

 

    	A-1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00296-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00296-of-00352.parquet"}]]