Document:

EX-10.1

 Exhibit 10.1 

DOUYU INTERNATIONAL HOLDINGS LIMITED 

(incorporated in the Cayman Islands with limited liability) 

 
  

SECOND AMENDED AND RESTATED RESTRICTED SHARE UNIT SCHEME 

 
  

Adopted by DOUYU INTERNATIONAL HOLDINGS LIMITED on November 2, 2022 

 INDEX 
  

							
	1	 	 DEFINITIONS AND INTERPRETATION
	  	 	1	
	2	 	 PURPOSE OF THE SCHEME
	  	 	6	
	3	 	 EFFECTIVENESS AND DURATION
	  	 	6	
	4	 	 RSU LIMIT
	  	 	6	
	5	 	 ADMINISTRATION
	  	 	6	
	6	 	 GRANT OF AWARDS
	  	 	7	
	7	 	 VESTING OF AWARDS
	  	 	8	
	8	 	 SPECIAL TREATMENT OF AWARDS
	  	 	10	
	9	 	 TRANSFERABILITY
	  	 	11	
	10	 	 LAPSE
	  	 	11	
	11	 	 REOGRANIZATION OF CAPITAL STRUCTURE
	  	 	12	
	12	 	 SHARE CAPITAL
	  	 	12	
	13	 	 COMPLIANCE
	  	 	12	
	14	 	 ALTERATION OF THIS SCHEME
	  	 	13	
	15	 	 TERMINATION
	  	 	13	
	16	 	 MISCELLANEOUS
	  	 	13	 
	17	 	 GOVERNING LAW
	  	 	15	 

	1	 DEFINITIONS AND INTERPRETATION 

 

	 	1.1	 In this Scheme the following expressions have the following meanings: 

 

					
			
		 	“Adoption Date for the Amended and Restated Scheme” or “Adoption Date”	  	means April 8, 2019, being the date on which the Amended and Restated Scheme was adopted by the Company
			
		 	“Adoption Date for the Second Amended and Restated Scheme”	  	means November 2, 2022, being the date on which the Second Amended and Restated Scheme was adopted by the Company
			
	    	 	“Amended and Restated Scheme”	  	means DouYu International Holdings Limited Amended and Restated Restricted Share Unit Scheme, adopted on the Adoption Date for the Amended and Restated Scheme
			
	                	 	“Award”	  	means an award of RSUs granted to a Participant pursuant to this Scheme; an award may include, if so specified by the Board in its entire discretion, cash and non-cash income, dividends or
distributions and/or the sale proceeds of non-cash and non-scrip distributions in respect of those Shares from the date that the Award is granted to the date that it
vests
			
		 	“Board”	  	means the board of directors of the Company or a duly authorized administration committee thereof or such other committee as the Board may authorize
			
		 	“Board Lot”	  	means the board lot in which Shares are traded on a Qualified Stock Exchange from time to time
			
		 	“Business Day”	  	means any day (excluding Saturdays, Sundays and public holidays) on which a Qualified Stock Exchange is open for trading and on which banks are open for normal banking business in Hong Kong, U.S. and the PRC
			
		 	“Cause”	  	means, with respect to a Grantee, the summary termination of employment or office on any one or more of the following grounds: the Grantee has been guilty of misconduct, has been convicted of any criminal offence involving his
integrity or honesty or (if so determined by the Board in its absolute discretion) on any other ground on which the relevant member in the Group would be entitled to terminate his employment or office summarily under a Competing Circumstance (as
defined below), at common law or pursuant to any applicable laws or under the Grantee’s service contract with the relevant company in the Group. Notwithstanding the foregoing, a resolution of the Board or the board of directors of the relevant
Related Entity to the effect that the employment or office of a Grantee has or has not been terminated on one or more of the grounds specified herein shall be conclusive

  
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	                	 	“Change of Control”	  	 means the occurrence of any one or more of the following events:
  

(a) any person, other than an employee benefit plan, becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing more than
50% of the combined voting power of the Company’s outstanding securities entitled to vote generally in the election of directors;
  

(b) at any time during a period of 12 consecutive months, individuals who at the beginning of such period constituted the Board and any new member of the Board
whose election or nomination for election was approved by a vote of at least a majority of the directors then still in office who either were directors at the beginning of such period or whose election or nomination for election was so approved,
cease for any reason to constitute a majority of members of the Board;
  
 (c) the
consummation of (i) a merger or consolidation of the Company or any of its subsidiaries with any other corporation or entity, other than a merger or consolidation which would result in the voting securities of the Company outstanding
immediately prior to such merger or consolidation continuing to represent (either by remaining outstanding or being converted into voting securities of the surviving entity or, if applicable, the ultimate parent thereof) at least 50% of the combined
voting power and total fair market value of the securities of the Company or such surviving entity or parent outstanding immediately after such merger or consolidation or (ii) any sale, lease, exchange or other transfer to any person of assets
of the Company and/or any of its subsidiaries, in one transaction or a series of related transactions, having an aggregate fair market value of more than 50% of the fair market value of the Company and its subsidiaries immediately prior to such
transaction(s); or

  
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		 	                	 		  	(d) any analogous situation as determined by the Board solely at its discretion; provided that, in the case of each of (a), (b) and (c), a Change of Control shall not be deemed to have occurred until the Board has determined
by resolution of the Board that such event has occurred; provided further that change of control will not occur for purposes of Awards that are subject to Section 409A of the Code unless the event also constitutes a change of control under 409A
of the Code
				
		 		 	“Code”	  	means the Internal Revenue Code of 1986 of the United States, as amended
				
		 		 	“Competing Circumstance”	  	The Participant is involved in either of the following situations: (i) the Participant becomes a shareholder, director, Employee, consultant or partner of any competitor of the Company or a Related Entity; or (ii) the
Participant is involved in any actions which may place a competitor in an advantageous position
				
		 		 	“Company”	  	means DOUYU INTERNATIONAL HOLDINGS LIMITED, an exempted company incorporated under the laws of the Cayman Islands with limited liability
				
		 		 	“Control”	  	means the possession, direct or indirect, of the power to direct, or cause the direction of, the management and policies of a person, whether through the ownership of voting securities, by contract or otherwise
				
		 		 	“Disability”	  	means a disability, whether temporary or permanent, partial or total as determined by the Board
				
		 		 	“Employee”	  	means a person who has Employment Relationship with the Company or a Related Entity
				
		 		 	“Employment Relationship”	  	means the labor or employment relationship with the Company or a Related Entity
				
		 		 	“Fair Market Value”	  	means the fair market value of the Company as reasonably determined by the Committee in good faith
				
		 		 	“Grant”	  	means the offer of the grant of an Award made in accordance with this Scheme
				
		 		 	“Grantee”	  	means any Participant who accepts a Grant in accordance with the terms of the Scheme, or (where the context so permits) any person who is entitled to any Award in consequence of the death of the original Grantee
				
		 		 	“Group”	  	means the Company and its Related Entities

  
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		 	“Hong Kong”	  	means the Hong Kong Special Administrative Region of the PRC
			
		 	“Hong Kong Stock Exchange”	  	means The Stock Exchange of Hong Kong Limited
			
		 	“Original Adoption Date”	  	April 1, 2018
			
		 	“Original Scheme”	  	means the DouYu International Holdings Limited Restricted Share Unit Scheme, adopted on the Original Adoption Date
			
		 	“Participant”	  	includes the Employees or any persons as determined by the Board to be eligible to participate in the Scheme
			
		 	“PRC”	  	means the People’s Republic of China, excluding, for the purpose of this document, Hong Kong, Macau Special Administrative Region of the PRC and Taiwan
			
	                	 	“Related Entity”	  	means any entity that, directly or indirectly, Controls the Company or is Controlled by the Company through shareholding relationship or contractual arrangements, or is under common Control with the Company (directly or indirectly),
or in which the Company has a significant equity interest, as determined by the Board
			
		 	“RSU”	  	means a restricted shares unit conferring the Grantee a conditional right upon vesting of the Award to obtain either Shares or an equivalent value in cash with reference to the market value of the Shares on or about the date of
vesting, as determined by the Board in its absolute discretion, less any tax, fees, levies, stamp duty and other charges applicable
			
		 	“Scheme”	  	means the Original Scheme, as amended by the Amended and Restated Scheme and the Second Amended and Restated Restricted Share Unit Scheme, and as amended from time to time
			
		 	“Second Amended and Restated Scheme”	  	means DouYu International Holdings Limited Second Amended and Restated Restricted Share Unit Scheme, adopted on the Adoption Date for the Second Amended and Restated Scheme
			
		 	“Shares”	  	means ordinary shares of US$0.0001 each in the share capital of the Company (including securities representing the shares), or if there has been a sub-division, reduction, consolidation,
reclassification or reconstruction of the share capital of the Company, the shares (including securities representing the shares) forming part of the ordinary equity share capital of the Company of such nominal amount as shall result from any such sub-division, reduction, consolidation, reclassification or reconstruction
			
		 	“Shareholders”	  	means holders of Shares
			
		 	“U.S.”	  	means United States of America, its territories, its possessions and all areas subject to its jurisdiction

  
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	 	1.2	 In this Scheme, save where the context otherwise requires: 

 

	 	(a)	 the headings and index are inserted for reference only and shall not affect the construction of any provisions
of the Scheme; 

  

	 	(b)	 any reference to a clause is a reference to a clause of the Scheme; 

 

	 	(c)	 any reference to a person includes a body corporate or an unincorporated body; 

 

	 	(d)	 any reference to a statutory body includes the organization or body established to replace such statutory body
or for performing the functions of such statutory body; 

  

	 	(e)	 expressions in the singular include the plural and vice versa; 

 

	 	(f)	 expressions in any gender shall include other genders; and 

 

	 	(g)	 any reference to any statute or statutory provision shall be construed as references to such statute or
statutory provision as respectively amended, consolidated or re-enacted, or as its operation is modified by any other statute or statutory provision (whether with or without modification), shall include any
subsidiary enacted under the relevant statute. 

  
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	2	 PURPOSE OF THE SCHEME 

 

	 	2.1	 Reference is made to the Amended and Restated Scheme, dated as of the Adoption Date for the Amended and
Restated Scheme. The Amended and Restated Scheme is amended and restated in its entirety by this Scheme. 

  

	 	2.2	 The purpose of this Scheme is to recognize and reward Participants for their contribution to the Group, to
attract suitable personnel and to provide incentives to them to remain with and further contribute to the Group. 

  

	3	 EFFECTIVENESS AND DURATION 

Subject to any early termination as may be determined by the Board pursuant to Clause 15 of the Scheme, the Scheme shall be valid and effective for a period of
10 years commencing the Adoption Date, after which no Awards will be granted. 
  

	4	 RSU LIMIT 

The Board is authorized to issue up to 2,106,321 Shares in accordance with this Scheme, including the Shares issued under the Original Scheme, accounting for
approximately 6.98% of the total issued shares of the company as of the Adoption Date. 
  

	5	 ADMINISTRATION 

 

	 	5.1	 This Scheme shall be subject to the administration of the Board in accordance with this Scheme. The rights of
the Board shall include, but are not limited to, the right to: 

  

	 	(a)	 interpret and construe the provisions of this Scheme; 

 

	 	(b)	 determine the persons who will be granted Awards under this Scheme, the terms and conditions on which Awards
are granted (see also Clause 6.3) and when the RSUs granted pursuant to this Scheme may vest; 

  

	 	(c)	 make such appropriate and equitable adjustments to the terms of the Awards granted under the Scheme as it deems
necessary; and 

  

	 	(d)	 make such other decisions or determinations as it shall deem appropriate in the administration of the Scheme,
including certain transfer or conversion restrictions pursuant to arrangements to be entered into by the Company with any depositary bank and/or underwriters. 

The Board may by resolution delegate any or all of its powers in the administration of the Scheme to the administration committee or any other
committee as authorized by the Board for such purpose. All the decisions, determinations and interpretations made by the Board shall be final, conclusive and binding on all parties. 

 

	5.2	 [Reserved] 

  
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	5.3	 To the extent that the Board determines that any Award may become subject to Section 409A of the Code, the
Award shall incorporate the terms and conditions required by Section 409A of the Code. In the event that following the Adoption Date the Board determines that any Award may be subject to Section 409A of the Code and related Department of
Treasury guidance (including such Department of Treasury guidance as may be issued after the Adoption Date), the Board may adopt such amendments to the Scheme or adopt other policies and procedures (including amendments, policies and procedures with
retroactive effect), or take any other actions, that the Board determines are necessary or appropriate to: 

 (a) exempt
the Award from Section 409A of the Code and/or preserve the intended tax treatment of the benefits provided with respect to the Award; or 

(b) comply with the requirements of Section 409A of the Code and related U.S. Department of Treasury guidance. 

 

	6	 GRANT OF AWARDS 

 

	 	6.1	 On and subject to the terms of this Scheme and the terms and conditions that the Board imposes pursuant to
Clause 5.1, the Board shall be entitled at any time during the term of this Scheme to make a Grant to any Participant, as the Board may in its absolute discretion determine. 

 

	 	6.2	 The amount of an Award may be determined at the sole and absolute discretion of the Board and may differ among
selected Participants. 

  

	 	6.3	 Awards may be granted on such terms and conditions (e.g., by linking the vesting of their RSU to the attainment
or performance by any member of the Group, the Grantee or any group of Grantees) as the Board may determine, provided such terms and conditions shall be consistent with any other terms and conditions of this Scheme. 

 

	 	6.4	 [Reserved] 

  

	 	6.5	 Subject to limitations and conditions of this Scheme, the Board may notify each of the selected Participants by
way of a letter or any such notice or document in such form as the Board may from time to time determine, an offer of grant of Award (“Notice of Grant”), which shall attach an acceptance notice. 

 

	 	6.6	 If the selected Participant intends to accept the Grant as specified in the Notice of Grant, he or she is
required to sign an acceptance notice, and return it to the Company within the time period and in a manner prescribed in the Notice of Grant. Upon the receipt from the selected Participant of a duly executed acceptance notice, the RSUs are granted
to such Participant in respect of a Board Lot or an integral multiple thereof, who becomes a Grantee pursuant to this Scheme. For the avoidance of doubt, in the event that the Grant is not accepted by any selected Participant within the time period
or in a manner prescribed in the Notice of Grant, such Grant shall not be affected. 

  
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	 	6.7	 Where any Award is proposed to be granted by the Board to any selected Participant, it shall not be granted:

  

	 	(a)	 where the Company has, or reasonably believes there is, material
non-public information or insider information that must be disclosed under the applicable laws and regulations, until such information has been published on the website of the Company and the relevant
Qualified Stock Exchange; 

  

	 	(b)	 within any black-out period or equivalent period of time restricting
and/or prohibiting the dealing of Shares by Employees before the publication of financial statements of the Company as provided in the rules of the applicable Qualified Stock Exchange; or 

 

	 	(c)	 in any other circumstances where dealings by any selected Participant (including directors of any member of the
Group) are prohibited under any applicable law or regulation or where the requisite approval from any applicable regulatory authorities has not been granted. 

  

	 	6.8	 The Board may not grant any Awards to any Participants in any of the following circumstances:

  

	 	(a)	 the requisite approvals for that Grant from any applicable regulatory authorities have not been obtained

  

	 	(b)	 the securities laws or regulations require that a prospectus or other offering documents be issued in respect
of the Grant or in respect this Scheme, unless the Board determines otherwise 

  

	 	(c)	 where the Grant would result in a breach of any applicable securities laws, rules or regulations by any member
of the Group or any of its directors; or 

  

	 	(d)	 the Grant would result in breach of the RSU Limit or other rules of this Scheme. 

 

	7	 VESTING OF AWARDS 

 

	 	7.1	 Subject to the terms of the Scheme and the specific terms and conditions applicable to each Award, the RSUs
granted in an Award shall be subject to a vesting period (if any) and to the satisfaction of performance and/or other conditions to be determined by the Board (if any) in its absolute discretion. If such conditions are not satisfied, the RSU shall
automatically lapse on the date on which such conditions are not satisfied, as determined by the Board in its absolute discretion. 

  

	 	7.2	 Upon fulfillment or waiver of the vesting period and vesting criteria (if any) applicable to a Grantee, a
vesting notice will be sent to the Grantee by the Board or, at the written direction of the Board. The Grantee is required to execute, after receiving the vesting notice, certain documents set out in the vesting notice that the Board considers
necessary (which may include, without limitation, a certification to the Group that he or she has complied with all the terms and conditions set out in this RSU Scheme and the Notice of Grant). For the avoidance of doubt, in the event that the
Grantee fails to execute the required documents as specified in the vesting notice, the vesting of relevant Award shall not be affected. 

  
 8 

	 	7.3	 Subject to the delivery of the vesting notice to the Grantee, the Board may transfer (or procure the transfer
of) the Shares underlying the Award (and, if applicable, the cash or non-cash income, dividends or distributions and/or the sale proceeds of non-cash and non-scrip distributions in respect of those Shares) to the Grantee, subject to any applicable transfer or conversion restrictions pursuant to arrangements entered into by the Company with any depositary bank and/or
underwriters. 

  

	 	7.4	 In the event a general offer by way of voluntary offer, takeover or otherwise (other than by way of scheme of
arrangement pursuant to Clause 7.5 below) is made to all the Shareholders (or all such Shareholders other than the offeror and/or any person Controlled by the offeror and/or any person acting in association or concert with the offeror) and such
offer becomes or is declared unconditional prior to the vesting date of any RSU, the Board shall, prior to the offer becoming or being declared unconditional, determine at its absolute discretion matters that include, but are not limited to, whether
such RSU shall vest, the percentage of vested RSUs granted to each Grantee and the period within which such RSU shall vest. If the Board determines that such RSU shall vest and that the percentage of vested RSUs is met, it shall notify the Grantee
that the RSU shall vest, the percentage of RSUs to be vested and the period within which such RSU shall vest. 

  

	 	7.5	 In the event a general offer for Shares by way of scheme of arrangement is made to all the Shareholders, the
Board shall, prior to such meetings, determine at its absolute discretion matters that include, but are not limited to, whether such RSU shall vest, the percentage of vested RSUs granted to each Grantee and the period within such RSU shall vest. If
the Board determines that such RSU shall vest and that the percentage of vested RSUs is met, it shall notify the Grantee that the RSU shall vest, the percentage of RSUs to be vested and the period within which such RSU shall vest.

  

	 	7.6	 In the event a notice is given by the Company to its Shareholders to convene a Shareholders’ meeting for
the purpose of considering and, if thought fit, approving a resolution to voluntarily wind-up the Company prior to the vesting date of any RSU, the Board shall determine at its discretion matters that include,
but are not limited to, whether such RSU shall vest, the percentage of vested RSUs granted to each Grantee and the period when such RSU shall vest. If the Board determines that such RSU shall vest and that the percentage of vested RSUs is met, it
shall notify the Grantee that the RSU shall vest, the percentage of RSUs to be vested and the period within which such RSU shall vest. 

  

	 	7.7	 In the event a compromise or arrangement, other than a scheme of arrangement contemplated in Clause 7.5 above,
between the Company and its Shareholders and/or creditors is proposed in connection with a scheme for the reconstruction of the Company or its amalgamation with any other company or companies, the Board shall determine at its discretion whether such
RSU shall vest and the period when such RSU shall vest. If the Board determines that such RSU shall vest, it shall notify the Grantee that the RSU shall vest and the period within which such RSU shall vest. 

  
 9 

	 	7.8	 Any Shares to be transferred to a Grantee or his or her wholly-owned entity upon the vesting of RSUs granted
pursuant to this Scheme shall be subject to all the provisions of the memorandum and articles of association of the Company and shall rank pari passu in all respects with the existing fully paid Shares in issue on the date of transfer, or if
that date falls on a day when the register of members of the Company is closed, the first day of the re-opening of the register of members, and accordingly shall entitle the holder of such Shares to
participate in all dividends or other distributions paid or made on or after the date of transfer, or if that date falls on a day when the register of members of the Company is closed, the first day of the
re-opening of the register of members. 

  

	8	 SPECIAL TREATMENT OF AWARDS 

 

	 	8.1	 When a Participant cancels or terminates his employment relationship with the company such Participant is
employed by: 

  

	 	(a)	 regardless of the reasons for the termination of the employment relationship with such company or the
expiration of the employment relationship (except for paragraphs (b) and (c) of this Clause), the unvested RSUs held by the Participant shall be invalidated without any compensation from the company; 

 

	 	(b)	 if the Participant retires after the service of the company for more than five years and reaches the statutory
retirement age, or if the Participant prematurely retires/departs/dies due to a work-related injury resulting in incapacity, the RSUs granted but unvested may continue to be held by the Participant or, if the Board in its sole discretion so
determines, his or her heirs; and 

  

	 	(c)	 if the Participant prematurely retires/departs/dies due to a work-related injury resulting in incapacity, the
Participant or, if the Board in its sole discretion so determines, his heirs may continue to hold all vested RSUs; unvested RSUs are to be voided without any compensation from the company. 

 

	 	8.2	 Notwithstanding the foregoing, in the event of the death due to a work-related injury of a selected Participant
who is a U.S. taxpayer by reference to the Code, any relevant RSUs of such selected Participant that vest pursuant to this Clause, shall be transferred to the heirs or other personal representative of such deceased selected Participant on the
earlier to occur of a Change of Control. 

  

	 	8.3	 Notwithstanding the above, the Board may in its sole discretion determine the special treatment of Awards, and
such determination by the Board shall be final and conclusive.  

  
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	9	 TRANSFERABILITY 

 

	 	9.1	 Any Award granted pursuant to this Scheme shall be personal to the Grantee and shall not be assignable or
transferable. For the avoidance of doubt, after the listing of the Shares on a Qualified Stock Exchange, the underlying Shares in respect of the RSUs held by a Grantee, once vested and transferred to such Grantee, shall be equally transferrable as
the remaining Shares subject to any applicable transfer or conversion restrictions pursuant to arrangements entered into by the Company with any depositary bank and/or underwriters and applicable laws. 

 

	 	9.2	 If a Grantee dies as a result of Clause 8.1(b) or 8.1(c), and the Board determines that the participant’s
heir can continue to hold the vested RSU after exercising the powers of the Board in its sole discretion, the heir may assign such RSU by will or related inheritance distribution law. This Scheme and the terms of the granting of the notice shall be
binding on the executor of the estate, the administrator of the estate, the heir and the designated representatives of the heir and the Grantee. 

  

	 	9.3	 Notwithstanding the above, no Grantee shall in any way sell, transfer, assign, charge, mortgage, encumber,
hedge or create any interest in favor of any other person over or in relation to any RSU or any other property, Awards, Shares underlying any Awards or any interest or benefits therein. 

 

	10	 LAPSE 

  

	 	10.1	 The unvested RSUs shall automatically lapse upon the earliest of: 

 

	 	(a)	 the date of the termination of Grantee’s employment or service by any member of the Group;

  

	 	(b)	 the date on which the offer (or, as the case may be, revised offer) referred to in Clause 7.4 closes;

  

	 	(c)	 the record date for determining entitlements under the scheme of arrangement referred to in Clause 7.5;

  

	 	(d)	 the date of the commencement of the winding-up of the Company;

  

	 	(e)	 the date on which the Grantee commits a breach of Clause 9.3; 

 

	 	(f)	 the date on which it is no longer possible to satisfy any outstanding conditions to vestings; or

  

	 	(g)	 the Board has decided that the unvested RSUs shall not be vested in the Grantee in accordance with the rules of
this Scheme and the terms and conditions as set out in the Notice of Grant. 

  

	 	10.2	 The Board shall have the right to determine what constitutes Cause, whether the Grantee’s employment has
been terminated for Cause and the effective date of such termination, and such determination by the Board shall be final and conclusive. 

  

	 	10.3	 If the Grantee’s employment or service with the Company or any of the Subsidiaries or Related Entity is
terminated for any reason other than for Cause (including by reason of resignation, retirement, death, Disability or non-renewal of the employment or service

  
 11 

	 	
agreement upon its expiration for any reason other than for Cause), the Board shall determine at its absolute discretion and shall notify the Grantee whether any unvested RSUs granted to such
Grantee shall vest and the period within which such RSU shall vest. If the Board determines that such RSUs shall not vest, such RSUs shall automatically lapse with effect from the date on which the Grantee’s employment or service is terminated.

  

	 	10.4	 Notwithstanding the aforesaid, in each case, the Board may in its absolute discretion decide that any RSU shall
not lapse or shall be subject to such conditions or limitations as the Board may decide. 

  

	11	 REORGANIZATION OF CAPITAL STRUCTURE 

 

	 	11.1	 In the event of any alteration in the capital structure of the Company, such as capitalization issue, rights
issue, consolidation, sub-division and reduction of the share capital of the Company, the Board may make equitable adjustments that it considers appropriate, at its sole discretion, including:

  

	 	(a)	 make arrangements for the grant of substitute RSUs of equivalent fair value to an Award in the purchasing or
surviving company; 

  

	 	(b)	 reach such compromise with the Grantee as it considers appropriate, including the payment of cash compensation
to the Grantee equivalent to the fair value to any RSU to the extent not vested; 

  

	 	(c)	 waive any conditions to vesting of any RSU to the extent not already vested; or 

 

	 	(d)	 permit the continuation of an Award in accordance with its original terms. 

 

	12	 SHARE CAPITAL 

The RSUs do not carry any right to vote at general meetings of the Company. No Grantee shall enjoy any of the rights of a Shareholder by virtue of the grant of
an Award pursuant to this Scheme, unless and until such Shares underlying the Award are actually transferred to the Grantee upon the vesting of the RSU. Unless otherwise specified by the Board in its entire discretion in the Notice of Grant, the
Grantees do not have any rights to any cash or non-cash income, dividends or distributions and/or the sale proceeds of non-cash and
non-scrip distributions from any Shares underlying a unvested RSU. 
  

	13	 COMPLIANCE 

  

	 	13.1	 No discretion shall be exercised as to the grant and vesting pursuant to the Scheme where such exercise of
discretion or giving of instructions (as applicable) is prohibited under the applicable laws, regulations and rules from time to time (and such prohibition has not been waived in respect of the Company). Where such prohibition causes a deadline
under the Scheme (including but not limited to the vesting date or the exercise of any discretion by the Board) to be missed, such deadline shall be treated as extended until as soon as practicable after the first date on which the prohibition no
longer prevents the relevant action or event, or as soon as practicable after a decision has been made as to whether the discretion should or should not be exercised, as the case may be. 

  
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	 	13.2	 The Company shall comply with all applicable disclosure requirements in connection with the administration and
operation of the Scheme including, but not limited to, the requirements imposed by the rules of a Qualified Stock Exchange from time to time. 

  

	14	 ALTERATION OF THIS SCHEME 

The terms of this Scheme may be altered, amended or waived in any respect by the Board provided that such alteration, amendment or waiver shall not affect any
subsisting rights of any Grantee thereunder. The Board shall have the right to determine whether any proposed alteration, amendment or waiver is material and such determination shall be conclusive. 

 

	15	 TERMINATION 

This Scheme may be terminated at any time prior to the expiry of its term by the Board provided that such termination shall not affect any subsisting rights of
any Grantee hereunder. For the avoidance of doubt, no further Awards shall be granted after this Scheme is terminated but in all other respects the provisions of this Scheme shall remain in full force and effect. All RSUs granted prior to such
termination and not vested on the date of termination shall remain valid. In such event, the Board shall notify all Grantees of such termination and how other interests or benefits in relation to the outstanding RSUs shall be dealt with. 

 

	16	 MISCELLANEOUS 

 

	 	16.1	 This Scheme shall not form part of any contract of employment or engagement of services between the Group and
any Participant and the rights and obligations of any Participant under the terms of his office, employment or engagement in services shall not be affected by the participation of the Participants in this Scheme or any rights which he may have to
participate in it and this Scheme shall afford such a Participant no additional rights to compensation or damages in consequence of the termination of such office, employment or engagement for any reason. 

 

	 	16.2	 This Scheme shall not confer on any person any legal or equitable right (other than those rights constituting
the RSUs themselves) against the Company directly or indirectly or give rise to any cause of action at law or in equity against the Company. 

  

	 	16.3	 Any notice or other communication between the Company and a Grantee may be given by sending the same by prepaid
post or personal delivery to, in the case of the Company, its principal place of business in Hong Kong or such other address as notified to the Grantee from time to time and, in the case of a Grantee, his address as notified to the Company from time
to time. Notices may also be sent electronically to Grantees by sending it to the e-mail address notified by the Grantee to the Company from time to time. 

  
 13 

	 	16.4	 Except as otherwise expressly provided under the Scheme, 

 

	 	(a)	 any notice or other communication served by post: 

 

	 	(i)	 by the Company shall be deemed to have been served 24 hours after the same was put in the post; and

  

	 	(ii)	 by the Grantee shall not be deemed to have been received until the same shall have been received by the
Company; 

  

	 	(b)	 any notice or other communication served by hand shall be deemed to have been served at the time of delivery;
and 

  

	 	(c)	 any notice or other communication served by electronic means by the Company or the Grantee shall be deemed to
have been served if the sender did not receive a failure of receipt notification. 

  

	 	16.5	 Any notice or other communication shall not be withdrawn once it is delivered by the Grantee, except for those
which shall only become effective upon a confirmation of the receipt by the Company. 

  

	 	16.6	 The acceptance of an Award by and the transfer of Shares to a Grantee may be subject to all necessary consents
under any relevant legislation for the time being in force in Hong Kong, the PRC, the United States and the Cayman Islands, and a Grantee shall be responsible for obtaining any governmental or other official consent or approval and going through any
other governmental or other official procedures that may be required by any country or jurisdiction in these regards. The Group and its affiliates may coordinate or assist the Grantee in complying with such applicable requirements and taking any
other actions as may be required by any applicable laws, regulations or rules. However, the Group and its affiliates shall not be responsible for any failure by a Grantee to obtain any such consent or approval or for any tax or other liability to
which a Grantee may become subject as a result of his participation in this Scheme. The Board shall be entitled to establish such arrangements as it deems reasonably necessary with respect to the mechanisms to implement the vesting of RSUs, the
remittance of the proceeds therefrom to Grantees and related registration, recordation and reporting matters to ensure that the Grantee and the Company can comply with all applicable securities, foreign exchange and tax regulations of all relevant
jurisdictions, including without limitation, the PRC. Each Grantee shall authorise the Company to establish all necessary brokerage and other accounts on the Grantee’s behalf and shall provide to the Company such information as the Board deems
necessary in connection with the Company’s and the Grantee’s compliance with the foregoing obligations. 

  
 14 

	17	 GOVERNING LAW 

 

	 	17.1	 The Scheme and all RSUs operate subject to the memorandum and articles of association of the Company and any
applicable law to which the Company is subject. 

  

	 	17.2	 This Scheme and all RSUs granted hereunder shall be governed by and construed in accordance with the laws of
the Cayman Islands. 

  
 15Exhibit
4.4

 

RIGHTS
AGREEMENT

 

This
Rights Agreement (this “Agreement”) is made as of [       ], 2022 between TMT Acquisition Corp,
a Cayman Islands company with its principal executive offices at 420 Lexington Avenue, Suite 2446, New York, NY 10170
(the “Company”) and Continental Stock Transfer & Trust Company, a New York company, with offices at 1 State
Street, 30th Floor, New York, NY 10004-1561 (the “Rights Agent”).

 

WHEREAS, the Company is engaged
in an initial public offering (the “Public Offering”) of units of the Company’s equity securities (each, a “Unit”
and collectively, the “Units”) to Maxim Group LLC (the “Representative”), as representative of the several underwriters
(the “Underwriters”), each such Unit comprised of one ordinary share of the Company, par value $.0001 per share (“Ordinary
Share”) and one right to receive two-tenths (2/10) of one Ordinary Share (the “Public Rights”) upon the
happening of an Exchange Event (defined below), and in connection therewith, the Company has determined to issue and deliver up to 6,900,000
Public Rights (including up to 900,000 Public Rights subject to the over-allotment option) to public investors in the Public Offering;
and

 

WHEREAS, on [         
], 2022, the Company entered into a certain Unit Subscription Agreement with 2TM Holding LP (the “Sponsor”), pursuant to
which the Sponsor agreed to purchase an aggregate of 370,000 Units (or 406,000 if the over-allotment option is exercised
in full by the Underwriters) simultaneously with the closing of the Public Offering at a purchase price of $10.00 per Unit and in connection
therewith, will issue and deliver up to an aggregate of 370,000 rights (or 406,000 if the over-allotment option is exercised
in full by the Underwriters) (“Private Placement Rights”); and

 

WHEREAS,
in order to finance the Company’s transaction costs in connection with an intended initial Business Combination (as defined in
the Company’s Amended and Restated Memorandum and Articles of Association), the Sponsor or an affiliate of the Sponsor or certain
of the Company’s officers and directors may, but are not obligated to, loan to the Company funds as the Company may require, of
which up to $1,800,000 (or up to $2,070,000 if the Over-allotment Option is exercised in full) may be converted into up to an additional
180,000 Units (or up to 207,000 units if the Over-allotment Option is exercised in full) at a price of $10.00 per Unit, and in connection
therewith, the Company will issue and deliver up to an aggregate of 180,000 rights (or up to 207,000 rights if the Over-allotment Option
is exercised in full) (the “Working Capital Rights”); and

 

WHEREAS,
the Company may issue additional rights that are governed by this Agreement (“Post-IPO Rights” and together with the Private
Placement Rights, the Working Capital Rights, the Representative Rights and the Public Rights, the “Rights”) in connection
with, or following the consummation by the Company of, a Business Combination; and

 

WHEREAS,
the Company has filed with the Securities and Exchange Commission registration statement on Form S-1, File No. 333-259879 (the “Registration
Statement”), and the prospectus forming a part thereof (collectively, the “Prospectus”), for the registration under
the Securities Act of 1933, as amended, of the Units, each of the securities comprising the Units, and the Ordinary Shares underlying
the Public Rights, and the Ordinary Shares to be issued to the Representative in connection with the Public Offering; and

 

WHEREAS,
the Company desires the Rights Agent to act on behalf of the Company, and the Rights Agent is willing to so act, in connection with the
issuance, registration, transfer and exchange of the Rights; and

 

WHEREAS,
the Company desires to provide for the form and provisions of the Rights, the terms upon which they shall be issued, and the respective
rights, limitation of rights, and immunities of the Company, the Rights Agent, and the holders of the Rights; and

 

    	 

     

    

 

WHEREAS,
all acts and things have been done and performed which are necessary to make the Rights, when executed on behalf of the Company and countersigned
by or on behalf of the Rights Agent, as provided herein, the valid, binding and legal obligations of the Company, and to authorize the
execution and delivery of this Agreement.

 

NOW,
THEREFORE, in consideration of the mutual agreements herein contained, the parties hereto agree as follows:

 

1.
Appointment of Rights Agent. The Company hereby appoints the Rights Agent to act as agent for the Company for the Rights, and
the Rights Agent hereby accepts such appointment and agrees to perform the same in accordance with the terms and conditions set forth
in this Agreement.

 

2.
Rights.

 

2.1.
Form of Right. Each Right shall be issued in registered form only, shall be in substantially the form of Exhibit A hereto,
the provisions of which are incorporated herein and shall be signed by, or bear the facsimile signature of, the Chairman of the Board
and the Secretary of the Company and shall bear a facsimile of the Company’s seal. In the event the person whose facsimile signature
has been placed upon any Right shall have ceased to serve in the capacity in which such person signed the Right before such Right is
issued, it may be issued with the same effect as if he or she had not ceased to be such at the date of issuance.

 

2.2.
Effect of Countersignature. Unless and until countersigned by the Rights Agent pursuant to this Agreement, a Right shall be invalid
and of no effect and may not be exchanged for Ordinary Shares.

 

2.3.
Registration.

 

2.3.1.
Right Register. The Rights Agent shall maintain books (“Right Register”) for the registration of original issuance
and the registration of transfer of the Rights. Upon the initial issuance of the Rights, the Rights Agent shall issue and register the
Rights in the names of the respective holders thereof in such denominations and otherwise in accordance with instructions delivered to
the Rights Agent by the Company.

 

2.3.2.
Registered Holder. Prior to due presentment for registration of transfer of any Right, the Company and the Rights Agent may deem
and treat the person in whose name such Right shall be registered upon the Right Register (“Registered Holder”) as the absolute
owner of such Right and of each Right represented thereby (notwithstanding any notation of ownership or other writing on the Right Certificate
made by anyone other than the Company or the Rights Agent), for the purpose of the exchange thereof, and for all other purposes, and
neither the Company nor the Rights Agent shall be affected by any notice to the contrary.

 

2.4.
Detachability of Rights. The securities comprising the Units, including the Rights, will begin to trade separately on (i) the
first trading day following the 52nd day after the effectiveness of the Registration Statement, or (ii) such earlier date
as the Representative shall determine is acceptable. In no event will separate trading of the securities comprising the Units commence
until the Company (i) files a Current Report on Form 8-K with the SEC including an audited balance sheet reflecting the Company’s
receipt of the gross proceeds of the Public Offering and (ii) issues a press release announcing when such separate trading will begin.

 

3.
Terms and Exchange of Rights

 

3.1.
Rights. Except in cases where the Company is not the surviving entity after the occurrence of an Exchange Event, each holder of
a Right shall automatically receive two-tenths of one Ordinary Share upon consummation of an Exchange Event. No additional consideration
shall be paid by a holder of Rights in order to receive his, her or its Ordinary Shares upon an Exchange Event, as the purchase price
for such Ordinary Shares has been included in the purchase price for the Units. In no event will the Company be required to net cash
settle the Rights or issue fractional Ordinary Shares. The provisions of this Section 3.1 may not be modified, amended or deleted without
the prior written consent of the Representative.

 

    	 

     

    

 

3.2.
Exchange Event. An “Exchange Event” shall occur upon the Company’s consummation of an initial Business Combination.

 

3.3.
Exchange of Rights.

 

3.3.1.
Issuance of Certificates. As soon as practicable upon the occurrence of an Exchange Event, the Company shall direct holders of
the Rights to return their Rights Certificates to the Rights Agent. Upon receipt of a valid Rights Certificate, the Company shall make
(or cause to be made) entries in its Register of Members of the Company and issue to the Registered Holder of such Right(s) a certificate
or certificates for the number of full Ordinary Shares to which he, she or it is entitled, registered in such name or names as may be
directed by him, her or it. The Company shall not issue fractional shares upon exchange of Rights. At the time of an Exchange Event,
the Company will either instruct the Rights Agent to round down to the nearest whole Ordinary Share or otherwise inform it how fractional
shares will be addressed in accordance with Cayman Islands law.

 

3.3.2.
Valid Issuance. All Ordinary Shares issued upon an Exchange Event in conformity with this Agreement and the Amended and Restated
Memorandum and Articles of Association of the Company shall be validly issued, fully paid and nonassessable.

 

3.3.3.
Date of Issuance. Each person in whose name any such certificate for Ordinary Shares is issued shall for all purposes be deemed
to have become the holder of record of such shares on the date that the person’s name is entered in the Register of Members of
the Company, which shall be the date of the Exchange Event, irrespective of the date of delivery of such certificate.

 

3.3.4
Company Not Surviving Following Exchange Event. Upon an Exchange Event in which the Company does not continue as the surviving
entity, each holder of a Right will be required to affirmatively convert his, her or its Rights in order to receive the 2/10 of
an Ordinary Share underlying each Right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder
of a Right will be required to indicate his, her or its election to convert the Rights into the underlying Ordinary Shares as well as
to return the original certificates evidencing the Rights to the Company.

 

3.5
Duration of Rights. If an Exchange Event does not occur within the time period set forth in the Company’s Amended and Restated
Memorandum and Articles of Association, as the same may be amended from time to time, the Rights shall expire and shall be worthless.

 

4.
Transfer and Exchange of Rights.

 

4.1.
Registration of Transfer. The Rights Agent shall register the transfer, from time to time, of any outstanding Right upon the Right
Register, upon surrender of such Right for transfer, properly endorsed with signatures properly guaranteed and accompanied by appropriate
instructions for transfer. Upon any such transfer, a new Right representing an equal aggregate number of Rights shall be issued and the
old Right shall be cancelled by the Rights Agent. The Rights so cancelled shall be delivered by the Rights Agent to the Company from
time to time upon request.

 

4.2.
Procedure for Surrender of Rights. Rights may be surrendered to the Rights Agent, together with a written request for exchange
or transfer, and thereupon the Rights Agent shall issue in exchange therefor one or more new Rights as requested by the Registered Holder
of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered
for transfer bears a restrictive legend, the Rights Agent shall not cancel such Right and issue new Rights in exchange therefor until
the Rights Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the
new Rights must also bear a restrictive legend.

 

    	 

     

    

 

4.3.
Fractional Rights. The Rights Agent shall not be required to effect any registration of transfer or exchange which will result
in the issuance of a Right Certificate for a fraction of a Right.

 

4.4.
Service Charges. No service charge shall be made for any exchange or registration of transfer of Rights.

 

4.5.
Right Execution and Countersignature. The Rights Agent is hereby authorized to countersign and to deliver, in accordance with
the terms of this Agreement, the Rights required to be issued pursuant to the provisions of this Section 4, and the Company, whenever
required by the Rights Agent, will supply the Rights Agent with Rights duly executed on behalf of the Company for such purpose.

 

5.
Other Provisions Relating to Rights of Holders of Rights.

 

5.1.
No Rights as Shareholder. Until exchange of a Right for Ordinary Shares as provided for herein, a Right does not entitle the Registered
Holder thereof to any of the rights of a shareholder of the Company, including, without limitation, the right to receive dividends, or
other distributions, exercise any preemptive rights to vote or to consent or to receive notice as shareholders in respect of the meetings
of shareholders or the election of directors of the Company or any other matter.

 

5.2.
Lost, Stolen, Mutilated, or Destroyed Rights. If any Right is lost, stolen, mutilated, or destroyed, the Company and the Rights
Agent may on such terms as to indemnity or otherwise as they may in their discretion impose (which shall, in the case of a mutilated
Right, include the surrender thereof), issue a new Right of like denomination, tenor, and date as the Right so lost, stolen, mutilated,
or destroyed. Any such new Right shall constitute a substitute contractual obligation of the Company, whether or not the allegedly lost,
stolen, mutilated, or destroyed Right shall be at any time enforceable by anyone.

 

5.3.
Reservation of Ordinary Shares. The Company shall at all times reserve and keep available a number of its authorized but unissued
Ordinary Shares that will be sufficient to permit the exchange of all outstanding Rights issued pursuant to this Agreement.

 

5.4.
Adjustments to Conversion Ratios. The number of Ordinary Shares that the holders of Rights are entitled to receive as a result
of the occurrence of an Exchange Event shall be equitably adjusted to reflect appropriately the effect of any share split, share dividend,
reorganization, recapitalization, reclassification, combination, exchange of shares or other like change with respect to the Ordinary
Shares occurring on or after the date hereof and prior to the Exchange Event.

 

6.
Concerning the Rights Agent and Other Matters.

 

6.1.
Payment of Taxes. The Company will from time to time promptly pay all taxes and charges that may be imposed upon the Company or
the Rights Agent in respect of the issuance or delivery of Ordinary Shares upon the exchange of Rights, but the Company shall not be
obligated to pay any transfer taxes in respect of the Rights or such shares.

 

6.2.
Resignation, Consolidation, or Merger of Rights Agent.

 

6.2.1.
Appointment of Successor Rights Agent. The Rights Agent, or any successor to it hereafter appointed, may resign its duties and
be discharged from all further duties and liabilities hereunder after giving sixty (60) days’ notice in writing to the Company.
If the office of the Rights Agent becomes vacant by resignation or incapacity to act or otherwise, the Company shall appoint in writing
a successor Rights Agent in place of the Rights Agent. If the Company shall fail to make such appointment within a period of 30 days
after it has been notified in writing of such resignation or incapacity by the Rights Agent or by the holder of the Right (who shall,
with such notice, submit his, her or its Right for inspection by the Company), then the holder of any Right may apply to the Supreme
Court of the State of New York for the County of New York for the appointment of a successor Rights Agent at the Company’s cost.
Any successor Rights Agent, whether appointed by the Company or by such court, shall be a corporation organized and existing under the
laws of the State of New York, in good standing and having its principal office in the Borough of Manhattan, City and State of New York,
and authorized under such laws to exercise corporate trust powers and subject to supervision or examination by federal or state authority.
After appointment, any successor Rights Agent shall be vested with all the authority, powers, rights, immunities, duties, and obligations
of its predecessor Rights Agent with like effect as if originally named as Rights Agent hereunder, without any further act or deed; but
if for any reason it becomes necessary or appropriate, the predecessor Rights Agent shall execute and deliver, at the expense of the
Company, an instrument transferring to such successor Rights Agent all the authority, powers, and rights of such predecessor Rights Agent
hereunder; and upon request of any successor Rights Agent the Company shall make, execute, acknowledge, and deliver any and all instruments
in writing for more fully and effectually vesting in and confirming to such successor Rights Agent all such authority, powers, rights,
immunities, duties, and obligations.

 

    	 

     

    

 

6.2.2.
Notice of Successor Rights Agent. In the event a successor Rights Agent shall be appointed, the Company shall give notice thereof
to the predecessor Rights Agent and the transfer agent for the Ordinary Shares not later than the effective date of any such appointment.

 

6.2.3.
Merger or Consolidation of Rights Agent. Any corporation into which the Rights Agent may be merged or with which it may be consolidated
or any corporation resulting from any merger or consolidation to which the Rights Agent shall be a party shall be the successor Rights
Agent under this Agreement without any further act.

 

6.3.
Fees and Expenses of Rights Agent.

 

6.3.1.
Remuneration. The Company agrees to pay the Rights Agent reasonable remuneration for its services as such Rights Agent hereunder
and will reimburse the Rights Agent upon demand for all expenditures that the Rights Agent may reasonably incur in the execution of its
duties hereunder.

 

6.3.2.
Further Assurances. The Company agrees to perform, execute, acknowledge, and deliver or cause to be performed, executed, acknowledged,
and delivered all such further and other acts, instruments, and assurances as may reasonably be required by the Rights Agent for the
carrying out or performing of the provisions of this Agreement.

 

6.4.
Liability of Rights Agent.

 

6.4.1.
Reliance on Company Statement. Whenever in the performance of its duties under this Agreement, the Rights Agent shall deem it
necessary or desirable that any fact or matter be proved or established by the Company prior to taking or suffering any action hereunder,
such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved
and established by a statement signed by the Chief Executive Officer, Chief Operating Officer or Chief Financial Officer and delivered
to the Rights Agent. The Rights Agent may rely upon such statement for any action taken or suffered in good faith by it pursuant to the
provisions of this Agreement.

 

6.4.2.
Indemnity. The Rights Agent shall be liable hereunder only for its own gross negligence, willful misconduct or bad faith. Subject
to Section 6.6 below, the Company agrees to indemnify the Rights Agent and save it harmless against any and all liabilities, including
judgments, costs and reasonable counsel fees, for anything done or omitted by the Rights Agent in the execution of this Agreement except
as a result of the Rights Agent’s gross negligence, willful misconduct, or bad faith.

 

6.4.3.
Exclusions. The Rights Agent shall have no responsibility with respect to the validity of this Agreement or with respect to the
validity or execution of any Right (except its countersignature thereof); nor shall it be responsible for any breach by the Company of
any covenant or condition contained in this Agreement or in any Right; nor shall it by any act hereunder be deemed to make any representation
or warranty as to the authorization or reservation of any Ordinary Shares to be issued pursuant to this Agreement or any Right or as
to whether any Ordinary Shares will when issued be valid and fully paid and nonassessable.

 

    	 

     

    

 

6.5.
Acceptance of Agency. The Rights Agent hereby accepts the agency established by this Agreement and agrees to perform the same
upon the terms and conditions herein set forth.

 

6.6
Waiver. The Rights Agent hereby waives any right of set-off or any other right, title, interest or claim of any kind (“Claim”)
in, or to any distribution of, the Trust Account (as defined in that certain Investment Management Trust Agreement, dated as of the date
hereof, by and between the Company and the Rights Agent as trustee thereunder) and hereby agrees not to seek recourse, reimbursement,
payment or satisfaction for any Claim against the Trust Account for any reason whatsoever.

 

7.
Miscellaneous Provisions.

 

7.1.
Successors. All the covenants and provisions of this Agreement by or for the benefit of the Company or the Rights Agent shall
bind and inure to the benefit of their respective successors and assigns.

 

7.2.
Notices. Any notice, statement or demand authorized by this Agreement to be given or made by the Rights Agent or by the holder
of any Right to or on the Company shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified
mail or private courier service within five days after deposit of such notice, postage prepaid, addressed (until another address is filed
in writing by the Company with the Rights Agent), as follows:

 

TMT
Acquisition Corp

420
Lexington Avenue, Suite 2446,

New
York, NY 10170

Attention:
Dajiang Guo, Chief Executive Officer

 

Any
notice, statement or demand authorized by this Agreement to be given or made by the holder of any Right or by the Company to or on the
Rights Agent shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified mail or private courier
service within five days after deposit of such notice, postage prepaid, addressed (until another address is filed in writing by the Rights
Agent with the Company), as follows:

 

Continental
Stock Transfer & Trust Company

1 State Street, 30th Floor

New York, NY 10004-1561

Attention:
Relationship Management

 

7.3.
Applicable Law. The validity, interpretation, and performance of this Agreement and of the Rights shall be governed in all respects
by the laws of the State of New York, without giving effect to conflicts of law principles that would result in the application of the
substantive laws of another jurisdiction. The Company hereby agrees that any action, proceeding or claim against it arising out of or
relating in any way to this Agreement shall be brought and enforced in the courts of the State of New York or the United States District
Court for the Southern District of New York, and irrevocably submits to such jurisdiction, which jurisdiction shall be exclusive. The
Company hereby waives any objection to such exclusive jurisdiction and that such courts represent an inconvenient forum. Notwithstanding
the foregoing, this provision will not apply to suits brought to enforce any liability or duty created by the Securities Exchange Act
of 1934 or any other claim for which the federal district courts of the United States of America are the sole and exclusive forum.
Any such process or summons to be served upon the Company may be served by transmitting a copy thereof by registered or certified mail,
return receipt requested, postage prepaid, addressed to it at the address set forth in Section 7.2 hereof. Such mailing shall be deemed
personal service and shall be legal and binding upon the Company in any action, proceeding or claim.

 

    	 

     

    

 

7.4.
Persons Having Rights under this Agreement. Nothing in this Agreement expressed and nothing that may be implied from any of the
provisions hereof is intended, or shall be construed, to confer upon, or give to, any person or corporation other than the parties hereto
and the Registered Holders of the Rights and, for the purposes of Sections 3.1, 7.4 and 7.8 hereof, the Representative, any right, remedy,
or claim under or by reason of this Agreement or of any covenant, condition, stipulation, promise, or agreement hereof. The Representative
shall be deemed to be a third-party beneficiary of this Agreement with respect to Sections 3.1, 7.4 and 7.8 hereof. All covenants, conditions,
stipulations, promises, and agreements contained in this Agreement shall be for the sole and exclusive benefit of the parties hereto
(and the Representative with respect to the Sections 3.1, 7.4 and 7.8 hereof) and their successors and assigns and of the Registered
Holders of the Rights. The provisions of this Section 7.4 may not be modified, amended or deleted without the prior written consent of
the Representative.

 

7.5.
Examination of the Right Agreement. A copy of this Agreement shall be available at all reasonable times at the office of the Rights
Agent in the Borough of Manhattan, City and State of New York, for inspection by the Registered Holder of any Right. The Rights Agent
may require any such holder to submit his, her or its Right for inspection by it.

 

7.6.
Counterparts. This Agreement may be executed in any number of original or facsimile counterparts and each of such counterparts
shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

 

7.7.
Effect of Headings. The Section headings herein are for convenience only and are not part of this Agreement and shall not affect
the interpretation thereof.

 

7.8
Amendments. This Agreement may be amended by the parties hereto without the consent of any Registered Holder for the purpose of
curing any ambiguity, or of curing, correcting or supplementing any defective provision contained herein or adding or changing any other
provisions with respect to matters or questions arising under this Agreement as the parties may deem necessary or desirable and that
the parties deem shall not adversely affect the interest of the Registered Holders. All other modifications or amendments shall require
the written consent or vote of the Registered Holders of a majority of the then outstanding Rights. The provisions of this Section 7.8
may not be modified, amended or deleted without the prior written consent of the Representative.

 

7.9
Severability. This Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof
shall not affect the validity or enforceability of this Agreement or of any other term or provision hereof. Furthermore, in lieu of any
such invalid or unenforceable term or provision, the parties hereto intend that there shall be added as a part of this Agreement a provision
as similar in terms to such invalid or unenforceable provision as may be possible and be valid and enforceable.

 

    	 

     

    

 

IN
WITNESS WHEREOF, this Agreement has been duly executed by the parties hereto as of the day and year first above written.

 

	TMT
    ACQUISITION CORP	 
	 	 	 
	By:	 	 
	Name:	Dajiang
    Guo	 
	Title:	Chief
    Executive Officer	 
	 	 	 
	CONTINENTAL
STOCK TRANSFER & TRUST COMPANY	 
	 	 	 
	By:
    	 	 
	Name:	 	 
	Title:	 	 

 

[Signature
Page to Rights Agreement]

 

    	 

     

    

 

EXHIBIT
A

 

Form
of Right

  

	NUMBER	RIGHTS

 

TMT
ACQUISITION CORP

A
CAYMAN ISLANDS COMPANY

 

RIGHTS

 

	 	SEE
    REVERSE FOR
	 	CERTAIN
    DEFINITIONS

 

CUSIP
G89229 135

 

This
Rights Certificate certifies that [          ], or registered assigns, is the
registered holder of a right or rights (the “Right”) to automatically receive two-tenths of one ordinary
share, par value $0.0001 per share (“Ordinary Share”), of TMT Acquisition Corp (the “Company”)
for each Right evidenced by this Rights Certificate on the Company’s completion of an initial business combination (as defined
in the final prospectus relating to the Company’s initial public offering (“Prospectus”) upon surrender
of this Rights Certificate pursuant to the Rights Agreement between the Company and Continental Stock Transfer & Trust Company, as Rights Agent (the “Rights Agent”). In no event will the Company be required to net cash settle any
Right or issue a fractional Ordinary Share.

 

Upon
liquidation of the Company in the event an initial business combination is not consummated during the required period as identified in
the Company’s Amended and Restated Memorandum and Articles of Association, the Rights shall expire and be worthless. The holder
of a Right shall have no right or interest of any kind in the Company’s trust account (as defined in the Prospectus).

 

Upon
due presentment for registration of transfer of the Right Certificate at the office or agency of Continental Stock Transfer &
Trust Company, the Rights Agent, a new Right Certificate or Right Certificates of like tenor and evidencing in the aggregate a like
number of Rights shall be issued to the transferee in exchange for this Right Certificate, without charge except for any applicable tax
or other governmental charge. The Company shall not issue fractional shares upon exchange of Rights. The Company reserves the right to
deal with any fractional entitlement at the relevant time in any manner (as provided in the Rights Agreement).

 

The
Company and the Rights Agent may deem and treat the registered holder as the absolute owner of this Right Certificate (notwithstanding
any notation of ownership or other writing hereon made by anyone), for the purpose of any conversion hereof, of any distribution to the
registered holder, and for all other purposes, and neither the Company nor the Rights Agent shall be affected by any notice to the contrary.

 

This
Right does not entitle the registered holder to any of the rights of a shareholder of the Company. This Right shall be governed by and
construed in accordance with the internal laws of the State of New York, without regard to conflicts of laws principles thereof.

 

	Dated:	 	 
	 	 	 
	 	SEAL	 
	SECRETARY	2022	CHIEF
    EXECUTIVE OFFICER

 

    	 

    	 

    

 

The
following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written
out in full according to applicable laws or regulations:

 

	TEN
    COM –	as
    tenants in common	UNIF
    GIFT MIN ACT -	_____
    Custodian	______	 
	TEN
    ENT –	as
    tenants by the entireties	 	(Cust)	(Minor)	 
	JT
    TEN –	as
    joint tenants with right of survivorship and not as tenants in common	 	under
    U.S. Uniform Gifts to Minors Act ______________

 

Additional
Abbreviations may also be used though not in the above list.

 

TMT
ACQUISITION CORP

 

The
Company will furnish without charge to each security holder who so requests the powers, designations, preferences and relative, participating,
optional or other special rights of each class of equity securities or series thereof of the Company and the qualifications, limitations,
or restrictions of such preferences and/or rights. This certificate and the rights represented thereby are issued and shall be held subject
to all the provisions of the Rights Agreement, Memorandum and Articles of Association and all amendments thereto and resolutions of the
Board of Directors providing for the issuance of securities (copies of which may be obtained from the secretary of the Company), to all
of which the holder of this certificate by acceptance hereof assents.

 

For
value received, ___________________________ hereby sell(s), assign(s) and transfer(s) unto

 

PLEASE
INSERT SOCIAL SECURITY OR OTHER

IDENTIFYING
NUMBER OF ASSIGNEE

 

	 

 

	 
	(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF

                                                                             ASSIGNEE(S))

 

Rights
represented by the within Certificate, and do hereby irrevocably constitute and appoint

 

________________________________________________________________________________Attorney
to transfer the said rights on the books of the within named Company will full power of substitution in the premises.

 

	Dated	 	 
	 	 	 
	 	 	Notice:	The
    signature to this assignment must correspond with the name as written upon the face of the certificate in every particular, without
    alteration or enlargement or any change whatever.

 

	Signature(s)
    Guaranteed:
	 
	 
	THE
    SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT
    UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15 UNDER THE SECURITIES
    ACT OF 1933, AS AMENDED).

     

    The
    holder of this certificate shall have no right or interest of any kind in or to the funds held in the Company’s trust fund
    (as defined in the Prospectus).

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00351-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00351-of-00352.parquet"}]]