Document:

npacii-ex108_86.htm

 

Exhibit 10.8

NEW PROVIDENCE ACQUISITION CORP. II

10900 Research Blvd., Suite 160C, PMB 1081

Austin, TX 78759

[●], 2021

 

 

New Providence Acquisition II LLC

10900 Research Blvd.

Suite 160C, PMB 1081

Austin, TX 78759

	
Re:
	
Administrative Support Agreement

Ladies and Gentlemen:

This letter agreement by and between New Providence Acquisition Corp. II (the “Company”) and New Providence Acquisition II LLC (the “Sponsor”), dated as of the date hereof, will confirm our agreement that, commencing on the date the securities of the Company are first listed on the NASDAQ Capital Market (the “Listing Date”), pursuant to a Registration Statement on Form S-1 and prospectus filed with the U.S. Securities and Exchange Commission (the “Registration Statement”) and continuing until the earlier of the consummation by the Company of an initial business combination or the Company’s liquidation (in each case as described in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”):

	
 
	
i.
	
The Sponsor shall make available, or cause to be made available, to the Company, at 10900 Research Blvd., Suite 160C, PMB 1081, Austin TX 78759 (or any successor location of the Sponsor), among other things, the provision of the services of one or more investment professionals. In exchange therefore, the Company shall pay the Sponsor the sum of $20,000 per month on the Listing Date and continuing monthly thereafter until the Termination Date; and

	
 
	
ii.
	
The Sponsor hereby irrevocably waives any and all right, title, interest, causes of action and claims of any kind as a result of, or arising out of, this letter agreement (each, a “Claim”) in or to, and any and all right to seek payment of any amounts due to it out of, the trust account established for the benefit of the public stockholders of the Company and into which substantially all of the proceeds of the Company’s initial public offering will be deposited (the “Trust Account”), and hereby irrevocably waives any Claim it may have in the future, which Claim would reduce, encumber or otherwise adversely affect the Trust Account or any monies or other assets in the Trust Account, and further agrees not to seek recourse, reimbursement, payment or satisfaction of any Claim against the Trust Account or any monies or other assets in the Trust Account for any reason whatsoever; and

	
 
	
iii.
	
To the fullest extent permitted by applicable law, the Company hereby agrees to indemnify, hold harmless and exonerate the Sponsor and any of its affiliates (each, a “Sponsor Indemnitee”) from any and all costs, fees, expenses, judgments, liabilities, fines, penalties and amounts paid in settlement (including all interest, assessments and other charges paid or payable in connection with or in respect of such costs, fees, expenses, judgments, liabilities, fines, penalties and amounts paid in settlement) actually, and reasonably incurred by any Sponsor Indemnitee or on a Sponsor Indemnitee’s behalf in connection with any  threatened, pending or completed action, suit, arbitration, mediation, alternate dispute resolution mechanism, investigation, inquiry, administrative hearing or any other actual, threatened or completed proceeding instituted by the Company or any third party in respect of any investment opportunities sourced by a Sponsor Indemnitee for the Company or any liability arising with respect to a Sponsor Indemnitee’s activities in connection with the affairs of the Company (in each case that are provided without a separate written agreement between the Company and such Sponsor Indemnitee); provided, that in no event shall a Sponsor 

 

 

	
 
		
Indemnitee be entitled to be indemnified or held harmless hereunder in respect of any costs, fees, expenses, judgments, liabilities, fines, penalties and amounts paid in settlement (if any) that Sponsor Indemnitee may incur by reason of such person’s own actual fraud or intentional misconduct; provided further, for the avoidance of doubt, that under no circumstance shall a Sponsor Indemnitee have a Claim to any monies or assets held in the Trust Account, and the Company shall not be permitted to procure monies or assets held in the Trust Account for the satisfaction of its obligations to any Sponsor Indemnitee in respect of the indemnification provided hereunder.

This letter agreement constitutes the entire agreement and understanding of the parties hereto in respect of its subject matter 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 amended, modified or waived as to any particular provision, except by a written instrument executed by the parties hereto.

No party hereto may assign either this letter agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other party. 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 constitutes the entire relationship of the parties hereto, and any litigation between the parties (whether grounded in contract, tort, statute, law or equity) shall be governed by, construed in accordance with, and interpreted pursuant to the laws of the State of Delaware, without giving effect to its choice of laws principles.

[Signature Page Follows]

 

2

 

 

		
	
Very truly yours,

	
 

	
NEW PROVIDENCE ACQUISITION CORP. II

	
 

	
 

	
By:
	
 

	
Name:
	
Gary P. Smith

	
Title:
	
Chief Executive Officer

 

		
	
AGREED TO AND ACCEPTED BY:

	
 

	
NEW PROVIDENCE ACQUISITION II LLC

	
 

	
 

	
By:
	
 

	
Name:
	
Gary P. Smith

	
Title:
	
Authorized Signatory

 

[Signature Page to Administrative Support Agreement]Document

Exhibit 4.52

Dell Technologies Inc.

Consent to the Extension of Registration Rights Under the
Second Amended and Restated Registration Rights Agreement 

December 17, 2020

Reference is made herein to the Second Amended and Restated Registration Rights Agreement, dated as of December 25, 2018, as amended by Amendment No. 1, dated as of May 27, 2019, Amendment No. 2, dated as of April 15, 2020, and Amendment No. 3, dated as of September 15, 2020 (as so amended, the “Registration Rights Agreement”), by and among Dell Technologies Inc. (the “Company”), a Delaware corporation, and each of (a) Michael S. Dell and Susan Lieberman Dell Separate Property Trust, (b) SL SPV-2, L.P., a Delaware limited partnership, Silver Lake Partners IV, L.P., a Delaware limited partnership, Silver Lake Technology Investors IV, L.P., a Delaware limited partnership, Silver Lake Partners V DE (AIV), L.P., a Delaware limited partnership, and Silver Lake Technology Investors V, L.P., a Delaware limited partnership (collectively, the “SLP Stockholders”), and (c) Venezio Investments Pte. Ltd., a Singapore corporation.  Capitalized terms used but not defined in this Consent shall have the meanings ascribed to such terms in the Registration Rights Agreement. Capitalized terms defined in this Consent shall have the meanings ascribed to such terms herein for purposes of this Consent and the Registration Rights Agreement.
WHEREAS, pursuant to Section 2.1(a) of the Registration Rights Agreement, the Company is required to use its reasonable best efforts to file a Shelf Registration Statement for a public offering of the Registrable Securities no later than the first day on which such filing can be made with the SEC on or after December 31, 2020 (such date, the “Shelf Registration Filing Deadline”);
WHEREAS, in accordance with Section 2.1(a) of the Registration Rights Agreement, the Shelf Registration Filing Deadline may be extended for one or more periods of up to three months each upon the express written consent of the Company and the SLP Stockholders; and
WHEREAS, the Company and the SLP Stockholders wish to consent to an extension of the Shelf Registration Filing Deadline for a period of three months to March 31, 2021;
NOW, THEREFORE, the Company and the SLP Stockholders hereby consent and agree that, for all purposes under the Registration Rights Agreement, the Shelf Registration Filing Deadline shall be extended to no later than the first day on which such filing can be made with the SEC on or after March 31, 2021.
Except as expressly set forth in this Consent, no other terms and conditions of the Registration Rights Agreement are hereby amended, modified, supplemented or waived.  
This Consent and all claims or causes of action (whether in tort, contract or otherwise) that may be based upon, arise out of or relate to this Consent or the negotiation, execution, interpretation or performance of this Consent (including any claim or cause of action based upon, arising out of or related to any representation or warranty made in or in connection with this Consent) shall be governed by and construed in accordance with the laws of the State of Delaware, regardless of the laws that might otherwise govern under applicable rules or principles of conflicts of laws.
[Signature pages follow.]
 1

IN WITNESS WHEREOF, the undersigned have executed and delivered this Consent effective as of the date set forth above.

COMPANY:

DELL TECHNOLOGIES INC.

By: /s/ Robert Linn Potts            
    Name:    Robert L. Potts
    Title:        Senior Vice President and Assistant Secretary

 2

                        SLP STOCKHOLDERS:

SL SPV-2, L.P.

By:  SLTA SPV-2, L.P., its General Partner

By:  SLTA SPV-2 (GP), L.L.C., its General Partner

By:  Silver Lake Group, L.L.C., its Managing Member

By: /s/ Andrew J. Schader            
    Name:     Andrew J. Schader
    Title:     Managing Director

 3

                    

SILVER LAKE PARTNERS IV, L.P.

By:  Silver Lake Technology Associates IV, L.P., its General Partner

By:  SLTA IV (GP), L.L.C., its General Partner

By:  Silver Lake Group, L.L.C., its Managing Member

By: /s/ Andrew J. Schader            
    Name:     Andrew J. Schader
    Title:     Managing Director

 4

                    
    
SILVER LAKE TECHNOLOGY INVESTORS IV, L.P.

By:  Silver Lake Technology Associates IV, L.P., its General Partner

By:  SLTA IV (GP), L.L.C., its General Partner

By:  Silver Lake Group, L.L.C., its Managing Member

By: /s/ Andrew J. Schader                   
       Name:    Andrew J. Schader
    Title:     Managing Director

 5

                    

SILVER LAKE PARTNERS V DE (AIV), L.P.

By:  Silver Lake Technology Associates V, L.P., its General Partner

By:  SLTA V (GP), L.L.C., its General Partner

By:  Silver Lake Group, L.L.C., its Managing Member

By: /s/ Andrew J. Schader                
    Name:     Andrew J. Schader
    Title:     Managing Director

 6

                    

SILVER LAKE TECHNOLOGY INVESTORS V, L.P.

By:  Silver Lake Technology Associates V, L.P., its General Partner

By:  SLTA V (GP), L.L.C., its General Partner

By:  Silver Lake Group, L.L.C., its Managing Member

By: /s/ Andrew J. Schader            
    Name:     Andrew J. Schader
    Title:     Managing Director
 7

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