Document:

Exhibit 10.3

 

投票协议

 

VOTING
AGREEMENT

 

 

本投票协议(以下简称“本协议”)由王维航(以下简称“承诺人”)和ChaSerg
Technology Acquisition
Corp.(以下简称“母公司”)于2019年
11 月 13日签署:

 

This
Voting Agreement (this “Agreement”) is made as of November 13, 2019 by and between Wang Weihang (the “Covenantor”)
and ChaSerg Technology Acquisition Corp. (“Parent”, together with the Covenanter, the “Parties”):

 

鉴于:

 

WHEREAS:

 

		1.	北京华胜天成科技股份有限公司(以下简称“华胜天成”)是一家在上海证券交易所上市的公司(股票代码为600410),统一社会信用代码为91110000633713190R。

 

Beijing Teamsun
Technology Co., Ltd. (“Teamsun”) is a company listed on the Shanghai Stock Exchange (stock code 600410),
and its unified social credit code is 91110000633713190R.

 

		2.	Automated Systems Holdings Limited(以下简称“ASL”)为华胜天成间接控股的子公司,是一家在香港联合交易所有限公司上市的公司(股票代码为00771)。
Grid Dynamics International, Inc.(以下简称“目标公司”)是ASL间接控股的子公司。

 

Automated Systems
Holdings Limited (“ASL”) is listed on The Stock Exchange of Hong Kong Limited (stock code 00771), which
is a subsidiary indirectly held by Teamsun. Grid Dynamics International, Inc. (the “Company”) is a subsidiary
indirectly held by ASL.

 

		3.	母公司是一家在美国纳斯达克证券市场上市的公司,股票代码为CTAC。

 

The Parent is
a company listed on the NASDAQ under the symbol as CTAC.

 

		4.	母公司、目标公司、CS Merger Sub 1 Inc.(一家于美国加利福尼亚州注册的公司,系母公司的全资子公司,以下简称“附属公司一”)和CS
Merger Sub 2 LLC(一家于美国特拉华州注册的有限责任公司,系母公司的全资子公司,以下简称“附属公司二”,与附属公司一合称“附属公司”)拟在本协议签署之日签署一份协议及合并计划(及根据其条款不时的修订,以下简称“《合并协议》”),其中包括:根据《合并协议》中规定的条款和条件,以及California
General Corporation Law (the “CGCL”), General Corporation Law of the State of Delaware (the “DGCL”)
及 Limited Liability Company Act of the State of Delaware中适用的条款,(1)附属公司一将与目标公司合并并被目标公司吸收,目标公司存续(以下简称“第一次合并”),以及(2)目标公司将与附属公司二合并并被附属公司二吸收,附属公司二存续
(以下简称“第二步合并”,与第一次合并合称“本次合并”)。《合并协议》和其他附属文件所涉及的本次合并及其他相关交易合称为“本次交易”。

 

    1

     

    

 

The Parent,
the Company, CS Merger Sub 1 Inc., a California corporation and a wholly-owned subsidiary of Parent (“Merger Sub 1”)
and CS Merger Sub 2 LLC, a Delaware limited liability company and a wholly-owned subsidiary of Parent (“Merger Sub
2” and, together with Merger Sub 1, the “Merger Subs”) propose to enter into an Agreement
and Plan of Merger dated as of the date hereof (as amended from time to time in accordance with the terms thereof, the “Merger
Agreement”), pursuant to which, among other things, (i) Merger Sub 1 will merge with and into the Company, with the
Company continuing as the surviving entity (the “Initial Merger”), and (ii) the Company will then merge
with and into Merger Sub 2, with Merger Sub 2 continuing as the surviving entity (the “Second Step Merger”
and, together with the Initial Merger, the “Mergers”), upon the terms and subject to the conditions set
forth in the Merger Agreement and in accordance with the applicable provisions of the California General Corporation Law, General
Corporation Law of the State of Delaware and the Limited Liability Company Act of the State of Delaware. The Mergers and the other
transactions contemplated by any of the Merger Agreement and the Ancillary Documents are collectively hereinafter referred to as
the “Transactions”.

 

		5.	本次交易可能构成华胜天成股东大会需予审议的决议事项,尚需取得华胜天成股东大会批准(应当由不少于出席股东大会的股东(包括股东代理人)所持表决权的50%通过)。

 

The Transactions
may constitute a matter subject to the approval at a shareholders’ general meeting of Teamsun, which requires at least 50%
of the voting rights of those present or voting by proxy.

 

		6.	承诺人系中国居民,身份证号为33010619661104211x。截至本协议出具之日,承诺人持有(包括直接或间接持有、实益拥有或拥有投票权)华胜天成股份共计133,240,333股,共计占华胜天成总股份的12.13%,其代表华胜天成全部股东表决权的12.13%。上述 133,240,333股包括承诺人已就某借款质押68,000,000股予某金融机构(以下简称“该质押”),以及通过“西藏信托
– 莱沃34号集合资金信托计划”
持有的41,170,975股(后者拟将于本协议签署后部分或全数转让予第三方)。就本协议而言,“相关股份”是指承诺人根据本协议第2条出席华胜天成股东大会时持有的股份数量。

 

    2

     

    

 

The
Covenantor is a PRC citizen whose ID number is 33010619661104211x. As of the date of this Agreement, the Covenantor holds
(including directly or indirectly, beneficially owns, or otherwise has voting power over) a total number of 133,240,333
shares of Teamsun, which together account for approximately 12.13% of the total number of shares of Teamsun, representing
approximately 12.13% of the voting rights of all of Teamsun’s shareholders. Out of the 133,240,333 shares mentioned
above, 68,000,000 shares have been charged by the Covenantor to a financial institution as security in connection with a loan
to the Covenantor (the “Share Charge”) and 41,170,975 shares are held under“Xizang Trust –
Laiwo 34 Collective Funds Trust Scheme”(西藏信托 –
莱沃34号集合资金信托计划), the latter of which are
expected to be disposed in part or in full after the date of this Agreement. For the purpose of this Agreement, the
“Relevant Shares” refers to the shares of Teamsun held by the Covenantor when attending the
shareholders’ general meeting of Teamsun in accordance with Section 2 of this Agreement.

 

为此,双方就承诺人向母公司作出与本次交易有关的承诺与保证等事宜,特此订立本协议。

 

Therefore, the Parties
hereby enter into this Agreement on commitments and guarantees, among other things, made by the Covenantor relating to the Transactions
to the Parent.

 

		1	承诺人据其应知、已知及合理判断,无条件、无保留和不可撤销地作出如下陈述和保证,该等陈述与保证视为由承诺人在本协议有效期内的每一日根据届时存在的事实和情况分别予以重述:

 

The Covenantor unconditionally,
unreservedly and irrevocably represents and warrants as follows, based on its actual and implied knowledge and reasonable judgment,
and such representations and warranties are deemed to be repeated by the Covenantor during the term of this Agreement according
to the facts and circumstances then existing:

 

		1.1	除了该质押外,承诺人所持相关股份上不存在限制承诺人行使股份投票权利的情形;

 

Save for the Share Charge, there
are no circumstances preventing or restricting the Covenantor from exercising voting rights of the Relevant Shares;

 

		1.2	承诺人拥有与签署和履行本协议所必须的民事权利能力和民事行为能力,能独立承担民事责任;

 

The Covenantor has all the necessary
civil rights and civil capacity to execute and perform this Agreement, and can independently assume civil liability;

 

    3

     

    

 

		1.3	签署本协议是承诺人本人,并且本协议一经签署即对承诺人具有法律约束力,其签署并履行本协议不与由其签署的任何已生效的契约性法律文件或者适用于承诺人的法律法规规定的义务相冲突,该质押除外;

 

This Agreement is legally binding
on the Covenantor upon execution, and the execution and performance of this Agreement does not conflict with any contractual legal
documents in force or obligations of the Covenantor under applicable laws and regulations, save for the Share Charge;

 

		1.4	承诺人无需因签署或履行本协议而取得任何政府部门或任何第三方的批准、许可或授权;

 

The Covenantor shall not need
to obtain any approval, permission or authorization from any governmental department or any third party to execute and perform
this Agreement;

 

		1.5	本协议构成对承诺人合法、有效、有约束力并按其条款可执行的义务;

 

This Agreement constitutes legal,
valid, binding and enforceable obligations on the Covenantor pursuant to the terms of this Agreement;

 

		1.6	承诺人不得签署《合并协议》或本协议项下所禁止的或可能损害各方在《合并协议》或本协议项下之任何利益的文件,或从事《合并协议》或本协议项下所禁止的或可能损害各方在《合并协议》或本协议项下之任何利益的行为;

 

The Covenantor shall not sign
any documents or engage in any action that is prohibited by the Merger Agreement or this Agreement, or that may damage the interests
of the parties under the Merger Agreement or this Agreement;

 

		1.7	除了该质押及通过“西藏信托
– 莱沃34号集合资金信托计划”
持有的41,170,975股外,本协议生效后及本协议有效期内,承诺人不得出售、质押、转让或以其他方式处置相关股份;

 

Once this Agreement has come
into effect and during the term of this Agreement, the Covenantor shall not sell, pledge, transfer or otherwise dispose of the
Relevant Shares, save for the Share Charge and the 41,170,975 shares held under“Xizang
Trust–Laiwo 34 Collective Funds Trust Scheme”(西藏信托
– 莱沃34号集合资金信托计划);

 

		1.8	即使有本协议第1.7款之规定,本协议生效后及本协议有效期内,承诺人应当及时通知母公司其所持相关股份的变动情况(如有)。

 

Notwithstanding the provisions
contained in Section 1.7 of this Agreement, once this Agreement has come into effect and during the term of this Agreement, the
Covenantor shall promptly notify the Parent of any changes in the Relevant Shares (if any) it holds.

 

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		2	在本协议有效期内,承诺人特此同意并承诺,在华胜天成股东大会及董事会(如承诺人为华胜天成董事或董事为承诺人委任/提名)(无论召集方式为现场、网络或其他方式)上,承诺人均应出席,和/或促使受承诺人直接或间接控制的相关股份持有人或其代理人、相关董事或其代理人出席该等会议,并应按照如下约定进行投票:

 

The Covenantor hereby agrees
and undertakes that, during the term of this Agreement, the Covenantor shall attend and/or procure the holder of the Relevant Shares
directly or indirectly controlled by the Covenantor and the relevant directors (if such directors are appointed or nominated by
the Covenantor) to attend the shareholders’ general meeting of Teamsun and/or the meeting(s) Teamsun’s board of directors
(whether or not such meeting is convened in-person, online or otherwise) in person or by proxy and shall vote as follows:

 

		2.1	同意通过和批准本次交易及与本次交易有关的《合并协议》和其他附属文件(以下简称“相关议案”);

 

For the adoption and approval
of the Transactions and the Merger Agreement and the Ancillary Documents related to the Transactions (the “Resolutions”);

 

		2.2	反对任何实质上或经合理预期会阻碍本次交易,或与本次交易构成竞争的行为、协议或意向性文件;

 

Against any act, agreement or
letter of intent that will materially or is reasonably expected to impede the Transactions or compete with the Transactions;

 

		2.3	除本次交易外,反对任何导致目标公司被承包、托管、投资、收购、联营、合并、兼并、分立、合资、重组、清算,及出售或转让目标公司的任何股权、业务或重大资产的行为、协议或意向性文件。

 

Except for the Transactions,
against any act, agreement or letter of intent that will result in the contracting, custody, investment, acquisition, joint venture,
combination, merger, division, restructuring, liquidation of the Company, or the sale or transfer of any equity, business or material
assets of the Company.

 

		3	在本协议有效期内,承诺人特此同意并承诺,其将尽其最大及合理努力:

 

The Covenantor hereby agrees
and undertakes that, during the term of this Agreement, it will use its reasonable best efforts to:

 

		3.1	根据相关上市规则和适用的法律法规,并在合理可行的情况下尽快(但在符合相关上市规则和适用的法律法规的前提下,不迟于ASL寄发其股东通函后20天内)促成华胜天成股东大会的召开(如本次交易需要华胜天成股东大会批准),以使得华胜天成的股东可以对相关议案进行审议和表决并通过相关议案;

 

    5

     

    

 

If the Transaction needs to
be approved at the shareholders’ general meeting of Teamsun, use its reasonable endeavours to procure to convene a shareholders’
general meeting of Teamsun as soon as reasonably practicable, but in no event later than 20 days following the despatch of the
shareholders circular of ASL in connection with the Transactions, provided such timing on the shareholders’ meeting be in
accordance with the relevant listing rules and applicable laws and regulations so as to allow shareholders of Teamsun to consider
and vote in favor of the Resolutions;

 

		3.2	根据相关上市规则和适用的法律法规,促使华胜天成采取任何和所有必要的行动以批准和履行《合并协议》和相关附属文件,以及实施本次交易;

 

Procure Teamsun to take any
and all of actions necessary to approve and implement the Merger Agreement, the Ancillary Documents and the Transactions in accordance
with the relevant listing rules and applicable laws and regulations;

 

		3.3	促使华胜天成根据相关上市规则和适用的法律法规,履行任何和全部批准和履行本次交易、《合并协议》和相关附属文件所必须的注册、备案、披露、通知、报告手续及取得任何政府部门或任何第三方的批准、许可或授权(如需)。

 

Procure Teamsun to complete
any and all of the registration, filing, disclosure, notification, reporting procedures necessary and obtain any approval, permission
or authorization from any governmental department or any third party (if required) to approve and implement the Merger Agreement,
the Ancillary Documents and the Transactions, in accordance with the relevant listing rules and applicable laws and regulations.

 

		4	在本协议有效期内,承诺人将不会,也不会允许其控制的任何实体和/或其委派/提名的董事(如有)作出下列行为:

 

During the term of this Agreement,
the Covenantor will not, and will procure entities under his control and/or his appointed/nominated directors (if any) not to do
the following:

 

		4.1	发起、鼓励他人、诱导他人或采取任何其他行为致使他人向目标公司提出收购建议;

 

Initiate, encourage or induce
any third party, or take any other actions to cause any third party, to make an acquisition proposal to the Company;

 

		4.2	直接或间接地鼓励、诱导或配合华胜天成的任何股东同意与本次交易构成竞争或反对、阻碍本次交易的任何行为、协议或意向性文件;

 

    6

     

    

 

Directly or indirectly encourage,
induce or cooperate with any shareholder of Teamsun to agree to any activity, agreement or letter of intent that will compete with
or against the Transactions, or impede the Transactions;

 

		4.3	成为任何同意与本次交易构成竞争或反对本次交易的任何行为的华胜天成股东的担保人或子公司。

 

Become the guarantor or subsidiary
of any Teamsun’s shareholder who agrees to compete with or against the Transactions.

 

		5	承诺人和母公司均同意并承认:

 

Each of the Covenantor and the
Parent hereby agree and acknowledge that:

 

		5.1	第一次合并受限于以下条件得以满足:(i)
相关议案分别获得ASL和Teamsun(如需)股东大会通过,及(ii)
承诺人遵守本协议第2条和第3条的规定;

 

The Initial Merger shall be
subject to (i) the passing of the Resolutions by the shareholders of ASL and Teamsun (if necessary) at relevant shareholders’
general meetings, and (ii) compliance with Sections 2 and 3 of this Agreement by the Covenator;

 

		5.2	目标公司或母公司均不得放弃《合并协议》中约定的与本协议下第5.1条所列事项有关的任何交割条件。

 

Neither the Company nor the
Parent shall waive any closing conditions in the Merger Agreement concerning the receipt of the consents listed in this Section
5.1.

 

		6	除双方另行书面同意外,本协议有效期自本协议签署生效之日起至以下情形较早发生之日止:(1)《合并协议》根据其条款被终止之日;或(2)《合并协议》所约定的本次交易的先决条件均已得到满足之日止。

 

Unless otherwise agreed in writing
by the Parties, the term of this Agreement shall be from and including the date hereof to the earlier of: (1) the termination date
of the Merger Agreement in accordance with its terms; or (2) the date that the closing conditions of the Transactions as agreed
in the Merger Agreement have been satisfied.

 

		7	保密

 

Confidentiality

 

		7.1	承诺人应当对本协议的条款、签署和履行,以及履行过程中知悉的任何涉及母公司的商业信息(合称“保密信息”)恪守保密义务。未经母公司书面许可,承诺人不得以任何形式将保密信息的部分或全部披露给任何第三方。

 

The Covenantor shall keep the
terms, execution and performance of this Agreement, and any commercial information of the Parent known to the Covenantor during
the performance of this Agreement (collectively, “Confidential Information”) in strict confidence. The
Covenantor shall not disclose any part or all of the Confidential Information to any third party in any form without the written
consent of the Parent.

 

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		7.2	本保密条款的效力及于承诺人的子公司,及承诺人和承诺人的子公司的董事、雇员和顾问等依据相关文件能够接触本协议所述保密信息的人员(以下简称“本方人员”)。本方人员违反本保密条款,由承诺人向母公司承担违约责任。

 

This confidentiality provision
shall apply to the persons who have access to the Confidential Information described in this Agreement, including the subsidiaries
of the Covenantor, and the respective directors, employees and consultants of the Covenantor and his subsidiaries (“Persons”).
The Covenantor shall be liable to the Parent for any breach of this confidentiality provision by the Persons.

 

		7.3	当下述情况之一发生时,承诺人对相应的保密信息不受本保密条款规定义务的约束:

 

The following shall not constitute
Confidential Information received by the Covenantor subject to the obligations of this confidentiality provision:

 

		7.3.1	因非本方或本方人员原因使保密信息已经进入公众领域;

 

Information that is publicly
known due to the Covenantor or the Persons;

 

		7.3.2	适用于本方的中国法律法规或规则另有规定;

 

Information that is required
to be disclosed by PRC laws, regulations or rules applicable to the Covenantor;

 

		7.3.3	根据适用的法律法规、监管规则,以及对本方有管辖权的司法机关、行政管理机关、证券交易所和/或监管机构提出的要求。

 

Information that is required
to be disclosed by applicable laws, regulations, rules, and requirements of judicial, administrative, stock exchange, and/or regulatory
authorities that have jurisdiction over the Covenator.

 

		7.4	为免疑义,承诺人确认及同意由ASL及母公司根据相关证券交易所上市规则及适用的法律法规的要求向相关监管机构及公众披露有关本协议的内容,并同意会及时向ASL及母公司及其各自的顾问提供其合理询问及索取的资讯、文件及协助,以使ASL及母公司以符合相关证券交易所上市规则及适用的法律法规的要求。

 

For the avoidance of doubt,
the Covenantor confirms and agrees that ASL and the Parent may disclose the contents of this Agreement to the relevant regulatory
authorities and the public in accordance with the relevant stock exchange listing rules and applicable laws and regulations, and
agree to promptly provide information, documents and assistance to ASL and the Parent, and their respective consultants upon their
reasonable request, to enable ASL and the Parent to comply with the relevant stock exchange listing rules and applicable laws and
regulations.

 

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		7.5	本协议无论何等原因终止、解除,本条款继续保持其原有效力。

 

This confidentiality provision
shall survive termination or release of this Agreement.

 

		8	适用法律及争议解决

 

Governing law and dispute resolution

 

		8.1	本协议的订立、效力、解释、履行,以及由本协议产生及与其有关之争议的解决均适用中国法律并受其管辖。

 

The execution, effect, interpretation,
performance of this Agreement, and any disputes arising out of and in connection with this Agreement shall be governed by the PRC
laws.

 

		8.2	因本协议履行过程中引起的或与本协议相关的任何争议,承诺人与母公司应争取以友好协商的方式迅速解决,如果在一方向另一方发出要求协商解决的书面通知后15天之内争议仍然得不到解决,任何一方均可将有关争议提交给中国国际经济贸易仲裁委员会,由该会按照其届时有效的仲裁规则仲裁解决。仲裁地点在北京。仲裁裁决是终局性的,对各方均有约束力。

 

The Parties shall seek to resolve
any dispute arising from or in connection with the performance of this Agreement promptly by friendly negotiation. If any dispute
remains unresolved within 15 days after one party notifies the other party in writing of its wish to negotiate, either party can
submit the dispute to the China International Economic and Trade Arbitration Commission for arbitration pursuant to the arbitration
rules in force at that time. The seat of arbitration is Beijing. The arbitration award is final and binding on the Parties.

 

		9	其他

 

Miscellaneous

 

		9.1	如承诺人违反本协议下的任何约定,承诺人应当向母公司赔偿因此造成的直接实际损失,包括但不限于为本次交易而发生的审计费用、评估费用、券商费用、律师费用、差旅费用、谈判费用等。

 

If the Covenantor breaches any
term of this Agreement, the Covenantor shall indemnify the Parent for its direct actual losses, including but not limited to any
audit fees, valuation fees, brokerage fees, legal fees, travel expenses and negotiation fees arising from the Transactions.

 

    9

     

    

 

		9.2	本协议下的所有通知、同意、豁免和其他通信均应采用书面形式,并且在通过以下方式送达时视为已妥为送达:(1)亲自交付时,(2)通过传真或其他电子方式,并在收到时予以确认,(3)如果由信誉良好、全国公认的隔夜快递服务发出,
则于发送后的一个工作日,或者(iv)如果通过预付费且要求回执的挂号信寄出,则于邮寄后三个工作日。送达地址如下(或通过通知告知的其他送达地址):

 

All notices, consents, waivers
and other communications hereunder shall be in writing and shall be deemed to have been duly given when delivered (i) in person,
(ii) by facsimile or other electronic means, with affirmative confirmation of receipt, (iii) one Business Day after being sent,
if sent by reputable, nationally recognized overnight courier service or (iv) three (3) Business Days after being mailed, if sent
by registered or certified mail, pre-paid and return receipt requested, in each case to the applicable party at the following addresses
(or at such other address for a party as shall be specified by like notice):

 

	
        母公司

         

        If to Parent to:

         

        ChaSerg Technology Acquisition Corp.

        533 Airport Blvd., Suite 400

        Burlingame, CA 94010

        收件人Attn:Lloyd Carney

        电子邮件Email:##########
	
        并抄送(不视为通知)

         

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

         

        Latham & Watkins LLP

        140 Scott Drive

        Menlo Park, CA 94025

        收件人Attn:Joshua
        Dubofsky, Terris Tang

        电子邮件Email: ##########  

         

	
        承诺人

         

        If to Wang Weihang, to:

         

        15/F, Topsail Plaza, 11 On Sum Street,

 Shatin,
        Hong Kong

         
	
        并抄送(不视为通知)

         

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

         

        15/F, Topsail Plaza, 11 On Sum Street, 

Shatin,
        Hong Kong

         

        收件人Attn:Wang
        Yueou

         

        

		9.3	承诺人未取得母公司事先书面同意,不得将其在本协议项下的权利、义务或责任转让给任何第三方。承诺人的继受人或经许可的受让人(如有)须继续履行承诺人在本协议项下各自的义务。

 

    10

     

    

 

The Covenantor may not assign
its rights, obligations or liabilities under this Agreement to any third party without the prior written consent of the Parent.
The successor or agreed assignee (if any) of the Covenantor shall continue to perform the obligations of the Covenantor under this
Agreement.

 

		9.4	承诺人声明及确认,除本协议另有约定外,本协议效力独立于《合并协议》及其他附属文件。《合并协议》及其他附属文件不成立、不生效、无效、部分无效或被撤销、被解除并不影响本协议的效力。

 

The Covenantor represents and
confirms that, except as otherwise provided in this Agreement, the validity of this Agreement is independent of the Merger Agreement
and the Ancillary Documents. The validity of this Agreement is not affected by any invalidity, partial invalidity, revocation or
rescission of the Merger Agreement or any of the Ancillary Documents.

 

		9.5	本协议由中文和英文两种文本写成。若两种文本间出现任何不一致,则以中文文本为准。

 

This Agreement is written in
the Chinese and English languages. In case of any discrepancy between the Chinese and English versions, the Chinese version shall
prevail.

 

		9.6	本协议自双方法定代表人/授权代表签字之日起生效。本协议正本一式
                                                                   3 份,承诺人持有 2 份,ASL及母公司各持有
                                                                   1
                                                                   份,具有同等法律效力。

 

This Agreement shall come
into effect on the date of execution. There are   3 originals of this Agreement with equal legal effect, of which the
Covenantor holds 2  originals, and the Parent holds  1 original.

 

		10	双方已阅读本协议所有条款。双方对本协议条款的含义及相应的法律后果已全部通晓并充分理解。

 

The Parties has read all of
the terms of this Agreement and has fully understood the meaning of the terms of this Agreement and the corresponding legal consequences.

 

(以下无正文)

 

[Remainder of page intentionally left blank.]

 

    11

     

    

 

《投票协议》之签署页

Signature Page to the Voting Agreement

 

承诺人:王维航
(签字)

Signed by the Covenantor: Wang Weihang

 

____________________

 

母公司:ChaSerg
Technology Acquisition Corp.

The Parent: ChaSerg Technology Acquisition
Corp.

 

签字:____________________

Signed by:

姓名:

Name:

职务:

Title:Exhibit
10.4

 

VOTING
AGREEMENT

 

This
Voting Agreement (this “Agreement”) is made as of November 13, 2019 by and among
(i) ChaSerg Technology Acquisition Corp., a Delaware corporation (“Parent”),
(ii) Grid Dynamics International, Inc., a California corporation (the “Company”), and
(iii) BGV Opportunity Fund L.P., a Delaware limited partnership (“BGV” or the
“Holder”). Any capitalized term used but not defined in this Agreement will have the meaning
ascribed to such term in the Merger Agreement (as defined below).

 

WHEREAS,
as of the date hereof, BGV is the owner of the type and number of shares of capital stock of the Company set forth on Schedule
I hereto;

 

WHEREAS,
Parent, the Company, CS Merger Sub 1 Inc., a California corporation and a wholly-owned subsidiary of Parent (“Merger
Sub 1”) and CS Merger Sub 2 LLC, a Delaware limited liability company and a wholly-owned subsidiary of Parent (“Merger
Sub 2” and, together with Merger Sub 1, the “Merger Subs”) propose to enter into an Agreement
and Plan of Merger dated as of the date hereof (as amended from time to time in accordance with the terms thereof, the “Merger
Agreement”), pursuant to which, among other things, (i) Merger Sub 1 will merge with and into the Company, with
the Company continuing as the surviving entity (the “Initial Merger”), and (ii) the Company will then
merge with and into Merger Sub 2, with Merger Sub 2 continuing as the surviving entity (the “Second Step Merger”
and, together with the Initial Merger, the “Mergers”), upon the terms and subject to the conditions
set forth in the Merger Agreement and in accordance with the applicable provisions of the CGCL, the DGCL and the DLLCA;

 

WHEREAS,
the Board of Directors of the Company has (a) approved the Merger Agreement, the Ancillary Documents, the Mergers and the other
transactions contemplated by any such documents (collectively, the “Transactions”), (b) determined
that the Transactions are fair to and in the best interests of the Company and its shareholders (the “Company Shareholders”)
and (c) recommended the approval and the adoption by each of the Company Shareholders of the Merger Agreement, the Ancillary Documents,
the Mergers and the other Transactions;

 

WHEREAS,
as a condition to the willingness of Parent to enter into the Merger Agreement, and as an inducement and in consideration therefor,
Parent, the Company, and Holder desire to enter into this Agreement in order for Holder to provide certain assurances to Parent
regarding the manner in which Holder is bound hereunder to vote any shares of capital stock of the Company, which Holder beneficially
owns, holds or otherwise has voting power over (the “Shares”) during the period from and including the
date hereof through and including the earlier of the First Effective Time (following the performance of the obligations of the
parties hereunder required to be performed at or prior to the First Effective Time), the date of termination of the Merger Agreement
in accordance with its terms, or the date of termination of this Agreement, whichever is earlier (the “Voting Period”)
with respect to the Merger Agreement, the Mergers, the Ancillary Documents and the Transactions.

 

     

     

    

 

NOW,
THEREFORE, in consideration of the promises set forth above, which are incorporated in this Agreement as if fully set forth
below, and intending to be legally bound hereby, the parties hereby agree as follows:

 

Section
1.01. Covenant to Vote in Favor of Transactions. Holder agrees to with respect to all of the Shares:

 

(a)
during the Voting Period, at each meeting of the Company Shareholders or any class or series thereof, and in each written consent
or resolutions of any of the Company Shareholders in which Holder is entitled to vote or consent, Holder hereby unconditionally
and irrevocably agrees to be present for such meeting and vote (in person or by proxy), or consent to any action by written consent
or resolution with respect to, as applicable, the Shares (i) in favor of, and adopt, the Mergers, the Merger Agreement, the Ancillary
Documents, any amendments to the Company Charter Documents, and all of the other Transactions (and any actions required in furtherance
thereof), (ii) in favor of the other matters set forth in the Merger Agreement, and (iii) to vote the Shares in opposition
to: (A) any Acquisition Proposal and any and all other proposals for the acquisition of the Company; or (B) any other action or
proposal involving the Company or any Subsidiary that is intended, or would reasonably be expected, to prevent, impede, interfere
with, delay or adversely affect in any material respect the Transactions or would reasonably be expected to result in any of the
conditions to the Closing under the Merger Agreement not being fulfilled;

 

(b)
to deliver to the Company and the Parent a validly executed action by written consent of the Company Shareholders, approving the
Transactions within 2 business days following the filing of the definitive Proxy Statement with the SEC by the Parent under the
U.S. Securities Act of 1933 (the “Securities Act”);

 

(c)
to execute and deliver all related documentation reasonably requested by the Company and take such other action reasonably requested
by the Company in support of the Mergers, the Merger Agreement, any Ancillary Documents and any of the Transactions as shall reasonably
be requested by the Company or Parent in order to carry out the terms and provision of this Section 1.01, including, without
limitation, (i) execution and delivery to the Company of a Letter of Transmittal and any other customary documents that the Exchange
Agent may reasonably require in connection therewith (including, as applicable, a Lock-Up Agreement), (ii) delivery of the Share
Certificate (or a Lost Stock Affidavit in lieu of the Share Certificate), duly endorsed for transfer, to the Company and any similar
or related documents, (iii) any actions by written consent of the Company Shareholders presented to Holder as they may reasonably
be required to sign with respect to the matters in Section 1.01(a) or 1.01(g), and (iv) any applicable Ancillary
Documents, customary instruments of conveyance and transfer, and any consent, waiver, governmental filing, and any similar or
related documents as they may reasonably be required to sign;

 

(d)
not to deposit, except as provided in this Agreement, any Shares owned by Holder in a voting trust or subject any Shares to any
arrangement or agreement with respect to the voting of such Shares, unless specifically requested to do so by the Company and
Parent in connection with the Merger Agreement, the Ancillary Documents and any of the Transactions;

 

    2

     

    

 

(e)
except as contemplated by the Merger Agreement or the Ancillary Documents, not to make, or in any manner participate in, directly
or indirectly, a “solicitation” of “proxies” or consents (as such terms are used in the rules of the SEC)
or powers of attorney or similar rights to vote, or seek to advise or influence any Person with respect to the voting of, any
shares of the Company capital stock in connection with any vote or other action with respect to the Transactions, other than to
recommend that shareholders of the Company vote in favor of adoption of the Merger Agreement and the Transactions, to solicit
“proxies” or consents in favor of the Transactions, and any other proposal the approval of which is a condition to
the obligations of the parties under the Merger Agreement (and any actions required in furtherance thereof and otherwise as expressly
provided by Section 1.01 of this Agreement);

 

(f)
to refrain from exercising any dissenters’ rights or rights of appraisal under applicable law at any time with respect to
the Mergers, the Merger Agreement, the Ancillary Documents and any of the Transactions, including pursuant to the CGCL or the
DGCL; and

 

(g)
without limiting Section 1.01(a) and 1.01(b) above: to, should a conversion of all Company Preferred Stock into
Company Common Stock not be triggered automatically as a result of the Mergers, irrevocably elect that all shares of Company Preferred
Stock held by Holder shall be automatically converted into Company Common Stock in accordance with the Company Charter Documents.

 

Section
1.02. Grant of Proxy. Holder, with respect to all of the Shares, hereby irrevocably grants to, and appoints, Parent
and any designee of Parent (determined in Parent’s sole discretion) as Holder’s attorney-in-fact and proxy, with full
power of substitution and resubstitution, for and in Holder’s name, to vote, or cause to be voted (including by proxy or
written consent, if applicable) any Shares owned (whether beneficially or of record) by Holder with respect to the matters specified
in Section 1.01. The proxy granted by Holder pursuant to this Section 1.02 is irrevocable and is granted in consideration
of Parent entering into this Agreement and the Merger Agreement and incurring certain related fees and expenses. Holder hereby
affirms that such irrevocable proxy is coupled with an interest by reason of the Merger Agreement and, except upon the termination
of this Agreement in accordance with Section 1.05(a), is intended to be irrevocable. Holder agrees, until this Agreement
is terminated in accordance with Section 1.05(a), to vote its Shares, in accordance with Section 1.01 above.

 

    3

     

    

 

Section 1.03.
Other Covenants.

 

(a)
No Transfers. Save for any grant or exercise of options pursuant to the true-up policy under the Company Stock Incentive
Plan or any other share incentive schemes, the Holder agrees that during the Voting Period it shall not without Parent’s
prior written consent, (A) offer for sale, sell (including short sales), transfer, tender, pledge, encumber, assign or otherwise
dispose of (including by gift) (collectively, a “Transfer”), or enter into any contract, option, derivative,
hedging or other agreement or arrangement or understanding (including any profit-sharing arrangement) with respect to, or consent
to, a Transfer of, any or all of the Shares; (B) grant any proxies or powers of attorney with respect to any or all of the Shares
(other than pursuant to the terms of this Agreement); (C) permit to exist any lien of any nature whatsoever (other than those
imposed by this Agreement, the Merger Agreement or applicable securities Laws, as in effect on the date hereof) with respect to
any or all of the Shares; or (D) take any action that would have the effect of preventing, impeding, interfering with or adversely
affecting Holder’s ability to perform its obligations under this Agreement. The Company hereby agrees that it shall not
permit any Transfer of the Shares in violation of this Agreement. Holder agrees with, and covenants to, Parent that Holder shall
not request that the Company register the Transfer (book-entry or otherwise) of any certificate or uncertificated interest representing
any Shares during the term of this Agreement in breach of this clause without the prior written consent of Parent, and the Company
hereby agrees that it shall not effect any such Transfer.

 

(b)
Changes to Shares. In the event of a stock dividend or distribution, or any change in the shares of capital stock of the
Company by reason of any stock dividend or distribution, stock split, recapitalization, combination, conversion, exchange of shares
or the like, the term “Shares” shall be deemed to refer to and include the Shares as well as all such stock dividends
and distributions and any securities into which or for which any or all of the Shares may be changed or exchanged or which are
received in such transaction. Holder agrees during the Voting Period to notify Parent and the Company promptly in writing of the
number and type of any additional Shares acquired by Holder, if any, after the date hereof.

 

(c)
Proxy Statement. During the Voting Period, Holder agrees to provide to Parent, the Company and their respective Representatives
any information reasonably requested by the Parent, the Company and their respective Representatives regarding Holder, or the
Shares that is reasonably requested by Parent, the Company or their respective Representatives for inclusion in the Proxy Statement.

 

(d)
Publicity. Holder shall not issue any press release or otherwise make any public statements with respect to the Transactions
or the transactions contemplated herein without the prior written approval of the Company and Parent, save for public announcements
required by applicable laws or the rules and regulations of the relevant securities exchanges. Holder hereby authorizes the Company
and Parent to publish and disclose in any announcement or disclosure required by the SEC, Nasdaq, or the Proxy Statement (including
all documents and schedules filed with the SEC or Nasdaq, in connection with the foregoing), Holder’s identity and ownership
of the Shares and the nature of Holder’s commitments and agreements under this Agreement, the Merger Agreement and any other
Ancillary Documents provided the Holder is given reasonable opportunity to review and comment on any such announcement or disclosure
prior to their publication.

 

    4

     

    

 

Section
1.04 Representations and Warranties of Holder. Holder hereby represents and warrants to Parent and the Company as
follows:

 

(a)
Binding Agreement. Holder is (i) a corporation, limited liability company, company or partnership duly organized and validly
existing under the laws of the jurisdiction of its organization and (ii) has all necessary power and authority to execute and
deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution
and delivery of this Agreement, the performance of Holder’s obligations hereunder and the consummation of the transactions
contemplated hereby by Holder has been duly authorized by all necessary corporate, limited liability or partnership action on
the part of Holder. This Agreement, assuming due authorization, execution and delivery hereof by the other parties hereto, constitutes
a legal, valid and binding obligation of Holder, enforceable against Holder in accordance with its terms (except as such enforceability
may be limited by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other similar laws of general applicability
relating to or affecting creditor’s rights, and to general equitable principles).

 

(b)
Ownership of Shares. As of the date hereof, Holder as applicable, has beneficial ownership (as defined in Rule 13d-3 under
the Exchange Act) over the type and number of the Shares set forth next to Holder’s name on Schedule I hereto, is
the lawful owner of such Shares, has the sole power to vote or cause to be voted such Shares, and has good and valid title to
such Shares, free and clear of any and all pledges, mortgages, encumbrances, charges, proxies, voting agreements, liens, adverse
claims, options, security interests and demands of any nature or kind whatsoever, other than those imposed by this Agreement,
the Merger Agreement or applicable securities Laws, as in effect on the date hereof. There are no claims for finder’s fees
or brokerage commission or other like payments in connection with this Agreement or the transactions contemplated hereby payable
by Holder pursuant to arrangements made by Holder. Except for the Shares and other securities of the Company set forth next to
Holder’s name on Schedule I hereto, as of the date of this Agreement, the Holder is not a beneficial owner or record
holder of any: (i) equity securities of the Company, (ii) securities of the Company having the right to vote on any matters on
which the holders of equity securities of the Company may vote or which are convertible into or exchangeable for, at any time,
equity securities of the Company or (iii) options, warrants or other rights to acquire from the Company, any equity securities
or securities convertible into or exchangeable for equity securities of the Company.

 

(c)
Voting Power. Holder has full voting power, with respect to such Shares, and full power of disposition, full power to issue
instructions with respect to the matters set forth herein and full power to agree to all of the matters set forth in this Agreement,
in each case with respect of all such Shares.

 

(d)
Reliance. Holder has had the opportunity to review the Merger Agreement and this Agreement with counsel of Holder’s
choosing. Holder understands and acknowledges that Parent is entering into the Merger Agreement in reliance upon the execution,
delivery and performance of this Agreement by Holder.

 

(e)
Accredited Investor. As of the date of this Agreement, Holder is an accredited investor as defined in Rule 501(a) of Regulation
D promulgated under the Securities Act.

 

    5

     

    

 

(f)
No Conflicts. No filing with, or notification to, any Governmental Entity, and no consent, approval, authorization or permit
of any other person is necessary for the execution of this Agreement by Holder, the performance of its obligations hereunder ,
or the consummation by it of the transactions contemplated hereby. None of the execution and delivery of this Agreement by Holder,
the performance of its obligations hereunder or the consummation by it or them of the transactions contemplated hereby shall (i)
conflict with or result in any breach of the certificate of incorporation, bylaws or other comparable organizational documents
of Holder, (ii) result in, or give rise to, a violation or breach of or a default under any of the terms of any Contract or obligation
to which Holder is a party or by which Holder or any of the Shares or its other assets may be bound, or (iii) violate any applicable
Law or Order, except for any of the foregoing in clauses (i) through (iii) as would not reasonably be expected to impair Holder’s
ability to perform its obligations under this Agreement in any material respect.

 

(g)
Absence of Litigation. As of the date hereof, there is no action, suit, investigation or proceeding pending against, or,
to the knowledge of Holder, threatened against Holder or any of Holder’s properties or assets (including, but not limited
to, the Shares) that could reasonably be expected to prevent, materially delay or impair the ability of Holder to perform its
obligations under this Agreement or consummate any of the Transactions.

 

(h)
No Inconsistent Agreements. Holder hereby covenants and agrees that, except for this Agreement, the Holder has not (i)
entered into, or will enter into at any time while this Agreement remains in effect, any voting agreement or voting trust with
respect to the Shares inconsistent with Holder’s obligations pursuant to this Agreement, (ii) granted, or will grant at
any time while this Agreement remains in effect, a proxy, a consent or power of attorney with respect to the Shares and (iii)
entered into any agreement or knowingly taken any action (nor will enter into any agreement or knowingly take any action) that
would make any representation or warranty of Holder contained herein untrue or incorrect in any material respect or have the effect
of preventing Holder from performing any of its material obligations under this Agreement.

 

Section
1.05 Miscellaneous.

 

(a)
Termination. Notwithstanding anything to the contrary contained herein, this Agreement shall automatically terminate, and
none of Parent, the Company or Holder shall have any rights or obligations hereunder, upon the earliest to occur of (i) the mutual
written consent of Parent, the Company and Holder, and (ii) the date of termination of the Merger Agreement in accordance with
its terms. The termination of this Agreement shall not prevent any party hereunder from seeking any remedies (at law or in equity)
against another party hereto or relieve such party from liability for such party’s breach of any terms of this Agreement.
Notwithstanding anything to the contrary herein, the provisions of this Section 1.05(a) shall survive the termination of
this Agreement.

 

(b)
Binding Effect; Assignment. This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit
of the parties hereto and their respective permitted successors and assigns. This Agreement and all obligations of Holder are
personal to Holder and may not be assigned, transferred or delegated by Holder at any time without the prior written consent of
Parent and the Company, and any purported assignment, transfer or delegation without such consent shall be null and void ab initio.

 

    6

     

    

 

(c)
Third Parties. Nothing contained in this Agreement or in any instrument or document executed by any party in connection
with the transactions contemplated hereby shall create any rights in, or be deemed to have been executed for the benefit of, any
person that is not a party hereto or thereto or a successor or permitted assign of such a party.

 

(d)
Governing Law; Jurisdiction. This Agreement and any dispute or controversy arising out of or relating to this Agreement
shall be governed by and construed in accordance with the laws of the State of New York, without regard to the conflict of law
principles thereof; provided, however, to the extent required by the laws of the State of California or the State
of Delaware, as applicable (including any law related to any duty or obligation of the Company’s Board of Directors with
respect to the Mergers or this Agreement), such laws shall apply with respect to the relevant matters governed by this Agreement.
All Actions arising out of or relating to this Agreement shall be heard and determined exclusively in any state or federal court
located in New York, New York (or in any appellate courts thereof) (the “Specified Courts”). Each party
hereto hereby (i) submits to the exclusive jurisdiction of any Specified Court for the purpose of any Action arising out of or
relating to this Agreement brought by any party hereto and (ii) irrevocably waives, and agrees 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 hereby may not be enforced in or
by any Specified Court. Each party agrees that a final judgment in any Action shall be conclusive and may be enforced in other
jurisdictions by suit on the judgment or in any other manner provided by Law. Each party irrevocably consents to the service of
the summons and complaint and any other process in any other action or proceeding relating to the transactions contemplated by
this Agreement, on behalf of itself, or its property, by personal delivery of copies of such process to such party at the applicable
address set forth or referred to in Section 1.05(h). Nothing in this Section 1.05(d) shall affect the right of any
party to serve legal process in any other manner permitted by applicable law.

 

(e)
WAIVER OF JURY TRIAL. 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 ACTION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS
AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. EACH PARTY HERETO (i) CERTIFIES THAT NO REPRESENTATIVE OF ANY OTHER PARTY HAS
REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF ANY ACTION, SEEK TO ENFORCE THAT FOREGOING
WAIVER AND (ii) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER
THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 1.05(e).

 

    7

     

    

 

(f)
Interpretation. The titles and subtitles used in this Agreement are for convenience only and are not to be considered in
construing or interpreting this Agreement. In this Agreement, unless the context otherwise requires: (i) any pronoun used in this
Agreement shall include the corresponding masculine, feminine or neuter forms, and the singular form of nouns, pronouns and verbs
shall include the plural and vice versa; (ii) “including” (and with correlative meaning “include”) means
including without limiting the generality of any description preceding or succeeding such term and shall be deemed in each case
to be followed by the words “without limitation”; (iii) the words “herein,” “hereto,” and
“hereby” and other words of similar import in this Agreement shall be deemed in each case to refer to this Agreement
as a whole and not to any particular section or other subdivision of this Agreement; and (iv) the term “or” means
“and/or”. The parties have participated jointly in the negotiation and drafting of this Agreement. Consequently, in
the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly
by the parties hereto, and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship
of any provision of this Agreement.

 

(g)
Capacity as a Company Stockholder. Holder signs this Agreement solely in Holder’s capacity as a beneficial owner
of capital stock of the Company, and not in Holder’s capacity as a director, officer or employee of the Company. Notwithstanding
anything herein to the contrary, nothing herein shall in any way restrict a director or officer of the Company in the exercise
of his or her fiduciary duties as a director or officer of the Company or prevent or be construed to create any obligation on
the part of any director or officer of the Company from taking any action in his or her capacity as such director or officer.

 

(h)
Notices. All notices, consents, waivers and other communications hereunder shall be in writing and shall be deemed to have
been duly given when delivered (i) in person, (ii) by facsimile or other electronic means, with affirmative confirmation of receipt,
(iii) one Business Day after being sent, if sent by reputable, nationally recognized overnight courier service or (iv) three
(3) Business Days after being mailed, if sent by registered or certified mail, pre-paid and return receipt requested, in each
case to the applicable party at the following addresses (or at such other address for a party as shall be specified by like notice):

 

	If
                                         to Parent to:

                                                                      

        ChaSerg
        Technology Acquisition Corp.

        533 Airport Blvd., Suite 400

        Burlingame, CA 94010

        Attn: Lloyd Carney, CEO

        Email: ##########
	with
                                         a copy (which will not constitute notice) to:

                                                                      

        Latham
        & Watkins LLP

        140 Scott Drive

        Menlo Park, CA 94025

        Attn: Joshua Dubofsky, Terris Tang

        Email: ##########

 

    8

     

    

 

	If
        to the Company, to:

                                                                      

        Grid
        Dynamics International, Inc..

        5000 Executive Parkway, Suite 500

        Attn: Leonard Livschitz

        San Ramon, CA 94583

        Email: ##########
	with
        a copy (which will not constitute notice) to:

                                                                      

        Wilson
        Sonsini Goodrich & Rosati

        One Market Plaza, Spear Tower, Suite 3300,

 San Francisco, CA 94105

        Attn: Derek Liu

        Email:
        ##########

	 	 
	If
        to BGV, to:

                                                          

        

Benhamou Global Ventures

540 Cowper Street, #200

Palo Alto, CA 94301

Attn: Eric Benhamou

Email: ##########
	with
        a copy (which will not constitute notice) to:

                                                          

        Perkins Coie LLP

        3150 Porter Drive

        Palo Alto, CA 94304

        Attn: Arman Pahlavan

        Email:
##########

 

(i)
Amendments and Waivers. Any term of this Agreement may be amended and the observance of any term of this Agreement may
be waived (either generally or in a particular instance, and either retroactively or prospectively) only with the written consent
of Parent, the Company and the Holder. No failure or delay by a party in exercising any right hereunder shall operate as a waiver
thereof. No waivers of or exceptions to any term, condition, or provision of this Agreement, in any one or more instances, shall
be deemed to be or construed as a further or continuing waiver of any such term, condition, or provision.

 

(j)
Severability. In case any provision in this Agreement shall be held invalid, illegal or unenforceable in a jurisdiction,
such provision shall be modified or deleted, as to the jurisdiction involved, only to the extent necessary to render the same
valid, legal and enforceable, and the validity, legality and enforceability of the remaining provisions hereof shall not in any
way be affected or impaired thereby nor shall the validity, legality or enforceability of such provision be affected thereby in
any other jurisdiction. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced,
the parties will substitute for any invalid, illegal or unenforceable provision a suitable and equitable provision that carries
out, so far as may be valid, legal and enforceable, the intent and purpose of such invalid, illegal or unenforceable provision.

 

(k)
Specific Performance. Holder acknowledges that its obligations under this Agreement are unique, recognizes and affirms
that in the event of a breach of this Agreement by Holder, money damages will be inadequate and the Company and Parent will have
not adequate remedy at law, and agree that irreparable damage would occur in the event that any of the provisions of this Agreement
were not performed by Holder in accordance with their specific terms or were otherwise breached. Accordingly, the Company and
Parent shall be entitled to an injunction or restraining order to prevent breaches of this Agreement by Holder and to enforce
specifically the terms and provisions hereof, without the requirement to post any bond or other security or to prove that money
damages would be inadequate, this being in addition to any other right or remedy to which such party may be entitled under this
Agreement, at law or in equity.

 

    9

     

    

 

(l)
Expenses. Each party shall be responsible for its own fees and expenses (including the fees and expenses of investment
bankers, accountants and counsel) in connection with the entering into of this Agreement, the performance of its obligations hereunder
and the consummation of the transactions contemplated hereby; provided, that in the event of any Action arising out of or relating
to the enforcement of this Agreement by the Parent, Holder will pay the expenses and the reasonable documented out-of-pocket expenses,
including reasonable attorneys’ fees and costs, reasonably incurred by the Parent.

 

(m)
No Partnership, Agency or Joint Venture. This Agreement is intended to create a contractual relationship among Holder,
the Company and Parent, and is not intended to create, and does not create, any agency, partnership, joint venture or any like
relationship among the parties hereto or among any other Company shareholders entering into voting agreements with the Company
or Parent. Holder is not affiliated with any other holder of securities of the Company entering into a voting agreement with the
Company or Parent in connection with the Merger Agreement and has acted independently regarding its decision to enter into this
Agreement. Nothing contained in this Agreement shall be deemed to vest in the Company or Parent any direct or indirect ownership
or incidence of ownership of or with respect to any Shares.

 

(n)
Further Assurances. From time to time, at another party’s request and without further consideration, each party shall
execute and deliver such additional documents and take all such further action as may be reasonably necessary or desirable to
consummate the transactions contemplated by this Agreement.

 

(o)
Entire Agreement. This Agreement (together with the Merger Agreement to the extent referred to herein) constitutes the
full and entire understanding and agreement among the parties with respect to the subject matter hereof, and any other written
or oral agreement relating to the subject matter hereof existing between the parties is expressly canceled; provided,
that, for the avoidance of doubt, the foregoing shall not affect the rights and obligations of the parties under the Merger Agreement
or any Ancillary Document. Notwithstanding the foregoing, nothing in this Agreement shall limit any of the rights or remedies
of Parent or the Company or any of the obligations of Holder under any other agreement between Holder and Parent or the Company
or any certificate or instrument executed by Holder in favor of Parent or the Company, and nothing in any other agreement, certificate
or instrument shall limit any of the rights or remedies of Parent or the Company or any of the obligations of Holder under this
Agreement.

 

(p)
Counterparts. This Agreement may also be executed and delivered by electronic signature or by email in portable document
format in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one
and the same instrument.

 

[Remainder
of Page Intentionally Left Blank; Signature Page Follows]

 

    10

     

    

 

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

 

	 	Parent:
	 	 
	 	CHASERG
    TECHNOLOGY ACQUISITION CORP.
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	The
    Company:
	 	 
	 	GRID
    DYNAMICS INTERNATIONAL, INC.
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	Holder:
	 	 
	 	BGV
    OPPORTUNITY FUND L.P.
	 	 	 
	 	By:	                  
	 	Name:	 
	 	Title:	 

 

    11

     

    

 

Schedule
I

 

	 	Name of Shareholder	 	 	 	Class of Security	 	 	 	Number of Shares	 
	 	BGV Opportunity Fund L.P.	 	 	 	Common Stock	 	 	 	622,027	 
	 	BGV Opportunity Fund L.P.	 	 	 	Series A Preferred Stock	 	 	 	622,027	 

 

 

12

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