Document:

EX-10.1

 Exhibit 10.1 

AGREEMENT 
 THIS AGREEMENT
IS by and between Thomas F. Juhase (“you” or “Employee”) on behalf of himself, his agents, representatives, heirs, executors, attorneys, administrators, assigns and anyone claiming through him/her, and Donnelley Financial
Solutions, Inc., a Delaware corporation, its subsidiaries, affiliates, predecessors, successors and assigns (the “Company”) in connection with Employee’s employment with the Company. 

IN CONSIDERATION OF the payments, covenants, obligations and promises set forth in this agreement (the “Agreement”) Employee
and the Company agree as follows: 
  

	 	1.	 Date of Agreement. This Agreement is dated as of June 26, 2020. 

 

	 	2.	 Term. The term of your employment pursuant to the terms of this Agreement shall be from June 26,
2020 through December 31, 2022 (the “Term”), provided, however, that either you or the Company may terminate your employment prior to the end of the Term in accordance with, and subject to, the terms of this Agreement.

  

	 	3.	 Present date through close of business December 31, 2020 (“COO Term Date”).

  

	 	a.	 Title and Effect of Prior Agreements. You are currently Chief Operating Officer (“COO”)
of the Company. You shall continue to serve as COO and the employment agreement between you and the Company, dated July 27, 2007 and amended as of November 25, 2008, and any other agreements between you and the Company which are currently
in effect shall remain in effect until the COO Term Date. 

  

	 	b.	 Plans. You will remain eligible to participate in any employee benefit plans in which you currently
participate, including, but not limited to, the Executive Severance Plan, as modified by the Waiver of Severance Benefits agreement between you and the Company, dated as of June 1, 2017 (the “Waiver Agreement”) until the COO
Term Date, in each case, in accordance with the terms of such plans, as in effect from time to time. For avoidance of doubt, you will be eligible to receive any 2020 AIP bonus to which you are entitled under the terms of that plan, payable at the
time such bonuses are paid to participants in 2021. 

  

	 	c.	 Resignation. You will resign as COO effective as of the COO Term Date or any earlier termination date,
as described above. You will be relieved of the duties as COO of the Company as of that date. 

  

	 	4.	 Post-COO Term Date through December 31, 2022.

  

	 	a.	 Prior Agreements Superseded. Provided you remain employed through the COO Term Date, after the COO Term
Date, the terms of this Agreement shall fully supersede all prior agreements, understandings, discussions, negotiations and undertakings, whether written or oral, between the parties with respect to the subject matters in this Agreement, except that
any, confidentiality or intellectual property obligations that you have to the Company shall survive and not be superseded. 

  

	 	b.	 Title and Responsibilities. Provided you remain employed through the COO Term Date, as of
January 1, 2021, you will continue to be an employee of the Company and will serve as Advisor to the Chief Executive Officer (“CEO”). It is expected that you will work on average, between
15- 20 hours per week. The hours may 

  
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vary from week to week, as long as the annual average at least reaches that minimum. In that capacity, you will work on special projects as directed by the CEO and fully cooperate with the
orderly transfer of your former responsibilities as COO as the Company may direct. 

  

	 	c.	 Compensation. Provided you remain employed through the COO Term Date, as of January 1, 2021, you
will receive the following compensation and benefits, from which the Company may withhold any amounts required by applicable law: 

  

	 	i.	 Base Salary. The Company will pay you an annual base salary of $50,000, paid in accordance with the
normal payroll practices of the Company. 

  

	 	ii.	 Vacation. You will be eligible for six weeks’ vacation annually. 

 

	 	iii.	 Benefits. You will continue to be eligible to participate in the employee benefit plans and programs
generally applicable to the Company’s employees, in each case, in accordance with their terms and conditions. 

  

	 	iv.	 Bonus. You will not be eligible to participate in the AIP or any other bonus program with respect to any
period starting on or after the COO Term Date unless the Company determines otherwise.    Notwithstanding the foregoing, you will still be eligible to receive all bonus payments still owed to you, under the AIP or any other bonus
program, that relate to any period that commenced prior to the COO Term Date. 

  

	 	v.	 Equity Awards. You will not be eligible for equity awards. 

 

	 	vi.	 Miscellaneous. You will be eligible for the same perquisites you were entitled to prior to the COO Term
Date, as long as such perquisites are business-related and the Company policy regarding reimbursement of reasonable business expenses that applied to you prior to the COO Term Date shall continue to apply. 

 

	 	d.	 Separation Without Cause or at End of Term. If your Separation from Service (as defined
under the “Waiver Agreement with the Company (and the members of the Company’s controlled group within the meaning of section 414(b) and (c) of the Internal Revenue Code of 1986, as amended (the “Code”)) is
(y) initiated by the Company without Cause (as defined in Annex A ) or you become disabled or die during the Term or (z) upon termination of your employment at the end of the Term, provided you remain employed by the Company in good
standing through the end of the Term (in each case, a “Qualifying Termination”), the provisions of this Section 4.d. will apply. 

In consideration for your prompt execution of a release of claims in favor of the Company, substantially in the form attached hereto as Annex
B (the “Release”), which will be provided to you within two days following your Separation Date (as defined below) and not revoking your signature on the Release within the applicable revocation period, and provided that you are in
compliance with all of the terms and conditions of this Agreement restrictive covenants hereunder and any confidentiality or intellectual property obligations you have to the Company, you will receive: 

 

	 	i.	 Payments. Separation Pay in the event of a Qualifying Termination in the amount of $1,323,000 (the
“Total Amount”). 

  
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 The Total Amount shall be payable in substantially equal biweekly installments during each
of the 12 months following the 30th day after the Separation Date, until the Total Amount is paid, or, if your Qualifying Termination occurs during a CIC Termination Period (as defined in the
Executive Severance Plan) in a one-time lump-sum payment on the sixtieth day following your Qualifying Termination, except, in any case, as provided in the
“Section 409A” provision, below. You agree and acknowledge that (i) the Total Amount shall constitute, and be in full satisfaction of, any right you may have to “Separation Pay” under the
terms of the Donnelley Financial Executive Severance Plan, effective as of May 30, 2017, as modified by the Waiver Agreement, subject to the limits set forth therein, and any right you may have to separation pay under the Donnelley Financial
Solutions Separation Pay Plan and, (ii) except as set forth in this Agreement, no other amount shall be payable under the Executive Severance Plan, except that, to the extent applicable under the Executive Severance Plan with regard to your
2020 AIP bonus, you will be eligible for the Prior Year Bonus. 
  

	 	ii.	 Benefits Coverage. In accordance with, and in full satisfaction of, the Benefits Coverage (as defined
under the Executive Severance Plan), for one (1) year after your Separation Date, your spouse and your dependents will continue to be entitled to participate in the Company’s group health, medical and vision insurance plans in which the
you, your spouse and your dependents participate immediately prior to the Separation Date, at the same rate as paid by similarly situated employees from time to time; provided that you timely elect continuation coverage under
Section 4980B(f) of the Code; provided, further, that you, your spouse and your dependents shall cease to be entitled to Benefits Coverage if and when you obtain alternative employment and become eligible for insurance coverage
that is substantially similar to the Benefits Coverage, in which case, you must notify the Company within ten (10) days of the commencement of such alternative employment; and provided, further, that to the extent the applicable
health and life insurance plans do not permit continuation of your or your spouse’s or dependents’ participation throughout such period, for the portion of the period during which such continuation is not permitted, the Company shall
provide you, on the first business day of each calendar quarter, in advance, with an amount which is equal to the Company’s cost of providing such benefits, less the applicable employee rate of participation. 

 

	 	iii.	 Equity. 

  

	 	1.	 Time-based. Any unvested time-based equity awards held by you shall vest pro rata and be payable in
Company stock on the Separation Date, calculated by multiplying the award amount by a fraction, the numerator of which equals the number of days Employee was employed by the Company during the applicable vesting period through Employee’s
Separation Date and the denominator of which is the total number of days in the applicable vesting period, less the number of shares previously vested. 

  
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	 	2.	 Performance-based. Each outstanding performance-based equity award held by you shall continue to vest
after your Separation Date and pay out when such awards are paid pursuant to the applicable award agreement, based upon actual performance attained and multiplied by a fraction, the numerator of which equals the number of days you were employed by
the Company during the applicable performance period through your Separation Date and the denominator of which is the total number of days in the applicable performance period. For the avoidance of doubt, and in order to give effect to the
immediately preceding sentence, the provisions in any of your award agreements that provides your unvested equity awards shall expire or be forfeited if your employment or service ends prior to the date in which a performance period ends or the date
in which an award is settled shall be disregarded. 

  

	 	3.	 Change in Control. If your Qualifying Termination occurs during a CIC Termination Period (as defined in
the Executive Severance Plan), effective as of your Separation Date (or, if later, the date the Change in Control occurs), any unvested time-based equity or other long-term cash incentive awards held by you shall vest in full and each outstanding
performance-based equity award shall be deemed earned at the target performance level with respect to all open performance periods and vest in full. 

  

	 	e.	 Section 409A. If you are a “specified employee” within the meaning set forth in the
document entitled “409A: Policy of Donnelley Financial Solutions and its Affiliates Regarding Specified Employees” on the date of your Separation from Service, then any amounts payable pursuant to this Agreement or otherwise that
(i) become payable as a result of your Separation from Service and (ii) are subject to (and not exempt from) Code Section 409A as a result of your Separation from Service shall not be paid until the earlier of (x) the first
business day of the sixth month occurring after the month in which the date of your Separation from Service occurs and (y) the date of your death. Notwithstanding the immediately preceding sentence, amounts payable to you as a result of your
involuntary Separation from Service that either (i) are determined to constitute a “short-term deferral” within the meaning of Code Section 409A or (ii) do not exceed two times the lesser of (A) your annualized
compensation based upon your annual rate of Base Salary for the year prior to the year in which the date of your Separation from Service occurs and (B) the maximum amount that may be taken into account under Code Section 401(a)(17) in the
year in which the date of your Separation from Service occurs shall not be subject to a six-month delay. For purposes of Code Section 409A, each payment made under this Agreement (including any payments
made under Section 5 above or Section 6 below) will be treated as a separate payment. If any compensation or benefits provided by this Agreement may result in the application of Code Section 409A and is not in compliance therewith,
then the Company shall, in consultation with you, modify this Agreement to the extent permissible under Code Section 409A in the least restrictive manner necessary in order to comply

  
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with the provisions of Code Section 409A. By signing this Agreement you acknowledge that if any amount paid or payable to you becomes subject to Code Section 409A, you are solely
responsible for the payment of any taxes and interest due (including under Code Section 409A) as a result of any payments made under this Agreement. 

All payments made pursuant to this Agreement shall be reduced by applicable tax withholdings. 

 

	 	f.	 Voluntary Separation. If you voluntarily separate from the Company during the Term and prior to
December 31, 2022, the following provisions will apply, you will be eligible to receive the Total Amount and the Benefits Coverage in accordance with the terms and conditions of Section 4 above and all outstanding unvested equity awards
(both time and performance based) held by you shall be forfeited for no consideration, effective as of the Separation Date. 

  

	 	g.	 Separation for Cause. If your employment is terminated by the Company for Cause, you will not be
entitled to any Separation Pay or Benefits Coverage and all outstanding unvested equity awards held by you shall be forfeited for no consideration, effective as of the Separation Date. 

 

	 	h.	 2020 AIP Bonus. If you experience a Separation from Service for any reason at any time after the COO
Term Date, but before the payment of annual cash bonuses for 2020 under the AIP, the Company shall provide you with a lump sum cash payment equal to the 2020 AIP Bonus that you would have received but for your Separation of Service, determined on
the basis of actual achievement of the performance goals applicable under the AIP for 2020. 

  

	 	i.	 Restrictive Covenants. 

 

	 	i.	 Noncompetition. During the eighteen (18) month period immediately following your Separation from
Service (the “Restricted Period”), you shall not, directly or indirectly, manage, control, participate in, consult with, render services for, or in any manner engage in a Competitive Enterprise (as defined under the Executive
Severance Plan). 

  

	 	ii.	 Non-Solicitation of Customers. During the Restricted Period, you
shall not, directly or indirectly through another entity, solicit or attempt to solicit or induce or attempt to induce any customer, supplier, licensee or other business relation of the Company to transact business with a Competitive Enterprise or
to cease doing business with the Company or in any way interfere with the relationship between any such customer, supplier, licensee or business relation and the Company. 

 

	 	iii.	 Non-Solicitation of Employees. During the twenty-four
(24) month period immediately following your Separation from Service, you shall not, directly or indirectly through another entity: induce or attempt to induce any employee of the Company to leave the employ of the Company, or in any way
interfere with the relationship between the Company and any employee, or hire any person who was an employee of the Company within 180 days prior to the date of hire. 

  
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	 	iv.	 Non-Disparagement. You shall not make any statement that would
libel, slander or disparage the Company or its past or present officers, directors, employees or agents; provided, however, that you or the Company may respond accurately to any question, inquiry or request for information from any regulator or
investor, or when required by legal process or legal and regulatory requirements, including disclosure requirements under applicable laws. 

  

	 	v.	 Confidentiality. You shall not disclose to any unauthorized person, firm, corporation or other entity or
use for his or her own account any information, observations and data obtained by you during the course of your employment concerning the business and affairs of the Company or any related entities, including any information concerning acquisition
opportunities in or reasonably related to the Company’s business or industry of which you become or became aware during your employment, without the Board’s written consent, unless and to the extent that the aforementioned matters: become
generally known to and available for use by the public other than as a result of your acts or omissions, were known to you prior to your employment with the Company, or are required to be disclosed pursuant to any applicable law or court order.

 You shall deliver to the Company upon your Separation from Service or at any other time the Company may request in
writing, all memoranda, notes, plans, records, reports and other documents (and copies thereof) relating to the business of the Company or any of its subsidiaries (including, without limitation, all acquisition prospects, lists and contact
information) that you may then possess or have under your control. For the avoidance of doubt, nothing herein restricts or impedes you from providing truthful information to governmental or regulatory bodies, including your right to make disclosures
under the whistleblower provisions of applicable law or regulations. You are hereby notified that the immunity provisions in Section 1833 of title 18 of the United States Code provide that an individual cannot be held criminally or civilly
liable under any federal or state trade secret law for any disclosure of a trade secret that is made (1) in confidence to federal, state or local government officials, either directly or indirectly, or to an attorney, and is solely for the
purpose of reporting or investigating a suspected violation of the law, (2) under seal in a complaint or other document filed in a lawsuit or other proceeding, or (3) to the individual’s attorney in connection with a lawsuit for
retaliation for reporting a suspected violation of law (and the trade secret may be used in the court proceedings for such lawsuit) as long as any document containing the trade secret is filed under seal and the trade secret is not disclosed except
pursuant to court order. 
  

	 	vi.	 Acknowledgement of Reasonableness and Severability, and Enforcement. You acknowledge and agree that the
provisions of this Agreement, including Section h, are reasonable and valid in geographic, temporal and subject matter scope and in all other respects, and do not 

  
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impose limitations greater than are necessary to protect the goodwill, confidential information and other business interests of the Company. If, at the time of enforcement of this Agreement,
including Section h, a court holds that any part of this Agreement, including Section h, is invalid or unenforceable, the remainder of the Agreement shall not be affected and shall be given full effect without regard to the invalid portions.
Further, if a court holds that the restrictions stated herein are unreasonable under circumstances then existing, the maximum duration, scope or geographical area reasonable under such circumstances shall be substituted for the stated period, scope
or area, and the court shall be allowed to revise the restrictions contained herein to cover the maximum duration, scope and area permitted by law. Because your services are unique, the parties hereto agree that monetary damages would be an
inadequate remedy for any breach of this Section h. Therefore, in the event of a breach or threatened breach of this Section h, the Company may, in addition to other rights and remedies existing in its favor, apply to any court of competent
jurisdiction for specific performance and/or injunctive or other relief in order to enforce, or prevent any violations of, the provisions hereof (without posting a bond or other security). 

 

	 	5.	 Blackout Periods. During the Term, the Company agrees to continue to provide you with all notices with
regards to blackout periods that it provides to all of its directors and officers who are subject to the reporting provisions and trading restrictions of Section 16 of the Securities Exchange Act of 1934, as amended. 

 

	 	6.	 Governing Law. You acknowledge and agree the Company has an interest in administering its employee
agreements, plans, and programs under uniform law, and that it is fair to have all Company employees be subject to uniform laws in connection with agreements like this one. Therefore, you agree that this Agreement shall be governed by the laws of
the State of Delaware (the place of the Company’s incorporation) and applicable federal laws and construed in accordance therewith without giving effect to principles of conflict of laws. In the event of any dispute that relates to your rights
under the Executive Severance Plan or your rights to Separation Pay, Benefits Coverage or the treatment of equity awards under this Agreement, such dispute will be governed by the claims and appeals provisions of the Executive Severance Plan. In the
event of any other dispute, the parties hereby consent to the exclusive jurisdiction of the courts of the State of Delaware and the Federal courts of the United States of America located in the District of Delaware, and the parties hereby waive, to
the fullest extent permitted by applicable law, any objection which they now or hereafter may have to personal jurisdiction or to the laying of venue in such Delaware courts with respect to any such dispute, and the parties agree not to plead or
claim any such objection. 

  

	 	7.	 Indemnification. To the fullest extent allowed by law, your rights of indemnification under the
Company’s organizational documents, any plan or agreement at law or otherwise and, to the extent provided in any applicable insurance policy, your rights thereunder to director’s and officer’s liability insurance coverage, shall
continue in force during the Term, regardless of whether you are an officer, and shall survive any termination of your employment for any reason. 

  
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	 	8.	 Entire Agreement. This Agreement contains the entire understanding and agreement between the parties
concerning the subject matter hereof and, except as set forth in Section 3, above, fully supersedes all prior agreements, understandings, discussions, negotiations and undertakings, whether written or oral, between the parties with respect thereto,
except that any restrictive covenant, confidentiality or intellectual property obligations that you have to the Company shall survive and not be superseded, including without limitation, those set forth in the Company’s policies.
Notwithstanding the foregoing or anything to the contrary herein, your rights to any vested benefits, including any rights you have under any qualified or non-qualified deferred compensation plan and your
rights under your outstanding equity-based awards shall continue in full force and effect following the execution of this Agreement and shall survive the termination of your employment with the Company for any reason. This Agreement may not be
modified except by a written, signed agreement executed by you and the Company. 

  

	 	9.	 Assignment and Successors in Interest. You understand and agree that the Company’s rights and
obligations under this Separation Agreement shall inure to the benefit of, and shall be binding on, any successor in interest to the Company and that the Company may, at any time and without consent of or further action by Employee, assign this
Agreement to any purchaser of all or substantially all of the Company’s assets. You understand and agree that you may not assign any rights or transfer any obligations you have under this Agreement. 

 

	 	10.	 Execution. This Agreement may be executed 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. 

  

	 	11.	 Waiver. The failure of either party hereto to enforce at any time any provision of this Agreement shall
not be construed as a waiver of such provision nor in any way to affect the validity of this Agreement or any part hereof or the right of such party thereafter to enforce each and every such provision. No waiver of any breach of this Agreement shall
be held to constitute a waiver of any other or subsequent breach. 

 If the foregoing terms and conditions are acceptable
and agreed to by you, please sign on the line provided below to signify such acceptance and agreement and return the executed copy to me. 
  

					
		 	Very truly yours,	 	
			
	                        	 	Donnelley Financial Solutions	 	
			
		 	By: /s/ Dan
Leib                                         
      	 	
		 	       Dan Leib	 	
		 	       Chief Executive Officer	 	
		
		 	ACCEPTED AND AGREED to this 26th day of June 2020
			
		 	/s/ Thomas F.
Juhase                                        
	 	
		 	Thomas F. Juhase	 	

  
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 ANNEX A 
  

	 	1.	 “Cause” means (i) your willful and continued failure to perform substantially your duties with
the Company (other than any such failure resulting from your incapacity due to physical or mental illness or any such failure subsequent to your being delivered a notice of termination without Cause) after a written demand for substantial
performance is delivered to you by the Group President, the Chief Executive Officer, or the Board that identifies the manner in which you have not performed your duties, (ii) your willful engaging in conduct which is demonstrably and materially
injurious (monetarily or otherwise) to the business, reputation, character or community standing of the Company, (iii) conviction of or the pleading of nolo contendere with regard to a felony or any crime involving fraud, dishonesty or moral
turpitude, or (iv) a refusal or failure to attempt in good faith to follow the written direction of the Group President, the Chief Executive Officer, or the Board (provided that such written direction is consistent with your duty and station)
promptly upon receipt of such written direction. For the purposes of this definition, no act or failure to act by you shall be considered “willful” unless done or omitted to be done by you in bad faith and without reasonable belief that
your action or omission was in the best interests of the Company. Any act, or failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or based upon the advice of the Company’s principal outside counsel
shall be conclusively presumed to be done, or omitted to be done, by you in good faith and in the best interests of the Company. Notwithstanding the foregoing, the Company shall provide you with a reasonable amount of time, after a notice and demand
for substantial performance is delivered to you, to cure any such failure to perform, and if such failure is so cured within a reasonable time thereafter, such failure shall not be deemed to have occurred. 

  
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 ANNEX B 

RELEASE 

                          
          , hereinafter referred to as “Releasor,” executes this Release this      day of
                , 2020. 
 This Release is made in favor of Donnelley
Financial Solutions, Inc., 35 West Wacker Drive, Chicago, Illinois (“Company”) and its current and former officers, directors, employees, partners, benefit plans, benefit plan fiduciaries, benefit plan administrators, successors,
assigns, agents, divisions, parents, subsidiaries, affiliates, attorneys, and other related entities, (“Released Parties”), on behalf of Releasor and Releasor’s heirs, executors, administrators, successors and assigns. 

For and in consideration of the separation payments and other things of value to be provided pursuant to the transition employment agreement between Company
and Releasor dated June         , 2020 , Releasor agrees, knowingly and voluntarily, that by executing this Release he/she releases and forever discharges the Released Parties of and from any and all known and
unknown claims, liabilities, demands and/or causes of action, arising through the date of Releasor’s execution of this Release including, without limitation, any claims against the Released Parties based upon any of the following: 

 

	 	i.	 the common law, including but not limited to, emotional distress; injury to personal reputation; defamation
(including libel or slander); invasion of privacy; denial of employment in contravention of common law or any federal, state, local or public policy, law or regulation; 

 

	 	ii.	 any alleged written or oral employment agreement, policy, plan (including without limitation, the Executive
Severance Plan and/or the Company’s Separation Pay Plan) or procedure of the Released Parties and/or any alleged understanding or arrangement between Releasor and the Released Parties; 

 

	 	iii.	 any alleged violation(s) of any statute, regulation, or ordinance, whether federal, state or local, or based on
any other federal, state or local law, including but not limited to, any and all claims under the Americans with Disabilities Act, 42 U.S.C. § 12101, et seq.; the Age Discrimination in Employment Act (including the Older Workers Benefit
Protection Act), as amended, 29 U.S.C. § 621, et seq.; Title VII of the Civil Rights Act of 1964, as amended, 42 U.S.C. § 2000e, et seq.; the Civil Rights Act of 1991, P.L.
102-166, 105 Stat. 1071, et seq.; 42 U.S.C. § 1981; the Fair Labor Standards Act, 29 U.S.C. § 201, et seq.; the Employee Retirement Income Security Act of 1974, as amended, 29
U.S.C. § 1001, et seq.; the Equal Pay Act, 29 U.S.C. § 206(d), et seq.; the Worker Adjustment and Retraining Notification Act, 29 U.S.C. § 2101, et seq.; Sarbanes Oxley Act of 2002, 18 U.S.C.
§ 1514, et. seq.; and any other federal, state, or local laws relating to the employment relationship; 

  

	 	iv.	 the U.S. Constitution or any state constitution; and 

 

	 	v.	 any theory of alleged equitable entitlement to relief. 

Releasor does not hereby waive any claims that cannot be waived under applicable law. Subject to the following paragraph, Releasor waives the right to receive
any damages or other personal relief based on any claim, cause of action, demand or lawsuit that is personal to Releasor relating to or arising from his/her employment at the Company brought by Releasor or on Releasor’s behalf, or by any third
party, including as a member of any class or collective action. 

  
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 Nothing in this Release prohibits Releasor from filing a charge with, or reporting possible violations of
federal law or regulation to any governmental agency or entity, including but not limited to the U.S. Equal Opportunity Commission, the Department of Justice, the Securities and Exchange Commission, the Congress, and any agency Inspector General, or
making other disclosures that are protected under the whistleblower provisions of federal law or regulation. Releasor does not need the prior authorization of the Company to make any such reports or disclosures and is not required to notify the
Company that he/she has made such reports or disclosures. In addition, this Agreement does not limit Releasor’s right to receive an award for information provided to any government agencies. Notwithstanding anything to the contrary herein, this
Release does not waive or otherwise impair (i) any claims for enforcement of this Agreement or any rights under any indemnification agreement between Releasor and the Company or any affiliate thereof; (ii) expenses to be reimbursed by the
Company or any of its affiliates to Releasor in accordance with the applicable reimbursement policy or program; (iii) any rights that Releasor may have under a Director & Officer insurance policy obtained by the Company or any of its
affiliates, (iv) indemnification rights that Releasor may be entitled to receive from the Company or any of its affiliates pursuant to the Company’s and its affiliate’s organizational and/or governance documents; and/or (v) any
vested rights Releasor may have under the terms of any tax-qualified or non-tax-qualified pension or savings plan, stock option
plan or any other equity award agreement, including, without limitation, any rights that will or may become vested in connection with or as a result of Releasor’s termination of employment or services. Releasor hereby acknowledges that it is
his/her responsibility to review any equity award agreement(s) to determine termination dates of his/her rights thereunder. 
 This Release shall be
governed by the laws of the State of Delaware (the place of the Company’s incorporation) and construed in accordance therewith without giving effect to principles of conflicts of laws. In the event of any dispute hereunder the parties hereby
consent to the exclusive jurisdiction of the courts of the State of Delaware and the Federal courts of the United States of America located in the District of Delaware, and the parties hereby waive, to the fullest extent permitted by applicable law,
any objection which they now or hereafter may have to personal jurisdiction or to the laying of venue of any such suit, action or proceeding, and the parties agree not to plead or claim the same. 

If any provision contained in this Release is finally held to be invalid, illegal or unenforceable (whether in whole or in part), such provision shall be
deemed modified, but only to the extent necessary, to make such provision valid, legal and enforceable. In any event, the remainder of this Release shall continue to be valid and enforceable to the fullest extent permitted by law. 

In signing below, Releasor expressly acknowledges that he or she has read this Release carefully, that he or she fully understands its terms and conditions,
that he or she has been advised of his or her rights and has been advised to consult an attorney prior to executing this Release, and that Releasor intends to be legally bound by the Release. 

RELEASOR ACKNOWLEDGES THAT HE OR SHE HAS HAD THE OPPORTUNITY TO HAVE AT LEAST 21 DAYS WITHIN WHICH TO DECIDE WHETHER OR NOT TO SIGN THIS RELEASE. RELEASOR
FURTHER ACKNOWLEDGES THAT HE OR SHE HAS BEEN GIVEN THE RIGHT TO REVOKE THIS RELEASE BY SERVING, WITHIN A SEVEN DAY PERIOD AFTER SIGNING (the “REVOCATION PERIOD”), A WRITTEN NOTICE OF REVOCATION. THE RELEASE SHALL BECOME EFFECTIVE ON THE
EIGHTH DAY FOLLOWING ITS EXECUTION BY RELEASOR. 

  
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 If Releasor revokes the Release, Company and/or the Released Parties shall have no
obligation under it or under the Employment Agreement. 
 IN WITNESS WHEREOF, Releasor has signed this Release at
                                 [Place of execution]. 

 

					
	      
	 	                	  	      

	[Signature of Releasor]	 		  	Employee ID Number

  
 Page 12 of 12EX-10.1

 Exhibit 10.1 

SPONSOR SUPPORT AGREEMENT 

This SPONSOR SUPPORT AGREEMENT (this “Agreement”) is made and entered into as of June 24, 2020, by and among F45
Training Holdings Inc., a Delaware corporation (the “Company”), CFI Sponsor LLC, a Delaware limited liability company (“Sponsor”), each of the other Persons set forth on Schedule A hereto
(each of such Persons and the Sponsor, a “Supporting Party” and, collectively, the “Supporting Parties”), and Crescent Acquisition Corp, a Delaware corporation (“Parent”). 

RECITALS 

A.    Parent, Function Acquisition I Corp, a Delaware corporation and a direct, wholly owned subsidiary of Parent
(“First Merger Sub”), Function Acquisition II LLC, a Delaware limited liability company and a direct, wholly owned subsidiary of Parent (“Second Merger Sub”), the Company, and Shareholder Representative Services
LLC, a Colorado limited liability company, solely in its capacity as representative, agent and attorney-in-fact of the Company Stockholders thereunder (in such capacity,
the “Stockholder Representative”) are entering into an Agreement and Plan of Merger of even date herewith (the “Merger Agreement”), which provides (upon the terms and subject to the conditions set forth therein) for
a business combination transaction by which: (i) First Merger Sub will merge with and into the Company (the “First Merger”), with the Company being the surviving corporation of the First Merger (the Company, in its capacity as
the surviving corporation of the First Merger, is sometimes referred to as the “Surviving Corporation”); and (ii) immediately following the First Merger and as part of the same overall transaction as the First Merger, the
Surviving Corporation will merge with and into Second Merger Sub (the “Second Merger” and, together with the First Merger, the “Mergers”) with Second Merger Sub being the surviving entity of the Second Merger and a
wholly owned subsidiary of Parent (Second Merger Sub, in its capacity as the surviving entity of the Second Merger, is sometimes referred to as the “Surviving Entity”). 

B.    The Supporting Parties are the beneficial and record owners of such number and type of Parent equity securities as
are indicated next to each Supporting Party’s name on Schedule A (together with any New Subject Securities (as defined below), the “Subject Securities”). 

C.    The Supporting Parties and Parent are entering into this Agreement in order to induce the Company to enter into the
Merger Agreement and cause the Transactions to be consummated. 
 NOW, THEREFORE, in consideration of the foregoing and the respective
representations, warranties, covenants and agreements set forth below and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, do hereby agree as
follows: 
 1.    Definitions. Capitalized terms used but not otherwise defined herein shall have the respective
meanings ascribed to such terms in the Merger Agreement. When used in this Agreement, the following terms in all of their tenses, cases and correlative forms shall have the meanings assigned to them in this Section 1 or
elsewhere in this Agreement. 

  
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 “Associated Parties” shall mean (a) each Supporting Party’s
predecessors, successors, executors, administrators, trusts, spouse, heirs and estate; (b) each Supporting Party’s past, present and future assigns; (c) each entity that each Supporting Party, as applicable, has the power to bind (by
such Supporting Party’s acts or signature) or over which such Supporting Party directly or indirectly exercises control; and (d) each entity of which each Supporting Party owns, directly or indirectly, at least a majority of the
outstanding equity, beneficial, proprietary, ownership or voting interests. 
 “Claim” shall mean all past, present and
future Legal Proceedings, disputes, controversies, demands, rights, obligations, damages, liabilities (whether direct or indirect, absolute, accrued, contingent or otherwise), contracts and causes of action of every kind and nature (whether matured
or unmatured, absolute or contingent), including any unknown, inchoate, unsuspected or undisclosed claim. 
 “Consent”
shall mean any consent, approval, authorization, permit or notice. 
 “Expiration Time” shall mean the earliest to occur of
(a) the Effective Time, and (b) such date and time as the Merger Agreement shall have been terminated validly in accordance with its terms. 

“Immediate Family” shall mean any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, sibling, mother-in-law, father-in-law,
son-in-law, daughter-in-law, brother-in-law, or sister-in-law, and shall include adoptive relationships. 

“Permitted Transferee” shall mean: (a) with respect to any Person that is an individual, any member of such
individual’s Immediate Family and/or any trust, partnership, limited liability company, or other similar estate planning vehicle that such individual controls and the beneficiaries of which are only such individual or such individual’s
Immediate Family, and any other transferee who receives Subject Securities by will or the laws of descent and distribution; and (b) with respect to any other Person, any Affiliate or equityholder of such Person. 

“Releasees” shall mean: (a) Parent; (b) the Group Companies; (c) Parent’s current and future Affiliates
(including First Merger Sub, Second Merger Sub, following the First Merger, the Surviving Corporation, and, following the Second Merger, the Surviving Entity); (d) the respective Representatives of the Persons referred to in clauses “(a)”
through “(c)” above; and (e) the respective successors and assigns of the Persons identified or otherwise referred to in the foregoing clauses “(a)” through “(d).” 

“Voting Period” shall mean the period commencing on (and including) the date of this Agreement and ending on (and including)
the Expiration Time. 
 2.    Agreement to Retain the Subject Securities. 

(a)    No Transfer of Subject Securities. Each Supporting Party agrees not to, directly or indirectly, at any time
during the Voting Period, other than as may be required by a court order or other Legal Requirement, (i) sell, assign, transfer (including by operation of law), pledge, dispose of or otherwise encumber, or otherwise agree to do any of the
foregoing in respect of (each, a “Transfer”) any of the Subject Securities, (ii) deposit any Subject Securities into a voting trust or enter into a voting agreement or arrangement or grant any proxy or power of attorney with
respect thereto that is inconsistent with this Agreement, (iii) enter into any Contract, option or other arrangement or undertaking with respect to the direct or indirect sale, assignment, transfer (including by operation of law) or other
disposition by such Supporting Party of any Subject Securities, or (iv) take any action that would make any representation or warranty of such Supporting Party herein untrue or incorrect in any material respect or have the effect of preventing
or disabling such Supporting Party from performing such Supporting Party’s obligations hereunder, except, in each case, pursuant to, or in furtherance of, the Transactions; provided, however, that any Supporting Party may transfer
Subject Securities to Permitted Transferees; provided that prior to and as a condition to the effectiveness of such transfer, each Person to whom any Subject Securities or any interest in any of such Subject Securities is or may be
transferred shall have executed and delivered to the Company a counterpart of this Agreement pursuant to which such Person shall be bound by all of the terms and provisions of this Agreement, and shall have agreed in writing with the Company to hold
such Subject Securities or interest in such Subject Securities subject to all of the terms and provisions of this Agreement. 

  
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 (b)    Additional Securities. Each Supporting Party agrees that
any equity securities of Parent that it purchases or otherwise hereafter acquires (including as a result of a stock dividend, subdivision, reclassification, recapitalization, split, combination or exchange of shares, or any similar event) or with
respect to which it otherwise acquires sole or shared voting power after the execution of this Agreement and prior to the Expiration Time (the “New Subject Securities”) shall be subject to the terms and conditions of this Agreement
to the same extent as if they constituted the Subject Securities set forth on Schedule A attached hereto. 

(c)    Unpermitted Transfers. Any Transfer or attempted Transfer of any Subject Securities or New Subject
Securities in violation of any provision of this Agreement shall be void ab initio and of no force or effect. 

3.    Agreement to Vote and Approve; No Redemption. 

(a)    Each Supporting Party irrevocably and unconditionally agrees that, from and after the date hereof until the
Expiration Time (the “Voting Period”), at any meeting of the stockholders of Parent or any adjournment or postponement thereof, or in connection with any action by written consent of the stockholders of Parent, it shall:
(i) appear at each such meeting or otherwise cause all Subject Securities beneficially owned which such Supporting Party has a right to vote or owned of record by such Supporting Party to be counted as present thereat for purposes of
calculating a quorum; and (ii) vote (or cause to be voted), in person or by proxy, or deliver a written consent (or cause a consent to be delivered) covering, the Subject Securities beneficially owned which such Supporting Party has a right to
vote or owned of record by such Supporting Party, (A) in favor of the approval of (1) the adoption of the Merger Agreement and approval of the Transactions; (2) the issuance of shares of Parent Class A Stock in connection with
Section 2.6 of the Merger Agreement; (3) the amendment and restatement of the Parent Charter substantially in the form of the Parent A&R Charter attached to the Merger Agreement as Exhibit C; (4) adoption of the 2020 Equity
Incentive Plan; (5) the election of directors effective as of the Closing, including the directors to which the Company Stockholders are entitled to designate pursuant to the Stockholders Agreement; and (6) any other proposals or actions
the Parties deem necessary or desirable to consummate the Transaction (collectively, the “Transaction Proposals”), (B) against any Acquisition Proposal with respect to any Person other than the Company, (C) against any action
that would be a breach of Parent’s representations, warranties, covenants or agreements in the Merger Agreement, and (D) against the following actions (other than pursuant to, or in furtherance of, the Transactions): (1) any
reorganization, recapitalization, dissolution or liquidation of Parent; (2) any change in a majority of the Parent Board; (3) any amendment to the Parent Organizational Documents (other than adoption of the Parent A&R Charter and the
Parent A&R Bylaws); (4) any change in the capitalization of Parent or Parent’s corporate structure; and (5) any other action, proposal, agreement or transaction or proposed transaction that is intended, or would reasonably be expected,
to materially impede, interfere with, delay, postpone, discourage or adversely affect the Transactions. For the avoidance of doubt, each Supporting Party, as applicable, shall retain at all times the right to vote any Subject Securities, including
New Subject Securities, beneficially owned which such Supporting Party has a right to vote or owned of record by such Supporting Party in such Supporting Party’s sole discretion, and without any other limitation, on any matters other than those
explicitly set forth in this Agreement that are at any time or from time to time presented for consideration to Parent’s stockholders. 

  
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 (b)    Each Supporting Party irrevocably and unconditionally agrees
that, during the Voting Period, such Supporting Party shall not elect to cause Parent to redeem any Subject Securities beneficially owned or owned of record by such Supporting Party in connection with the Transaction Proposals. 

(c)    The obligations of the Supporting Parties specified in this Agreement, including this
Section 3, shall apply whether or not the Parent Board shall have effected a Change in Recommendation. 

(d)    During the Voting Period, no Supporting Party shall enter into any agreement or understanding with any Person to
vote or give instructions in any manner inconsistent with this Section 3. 
 4.    Waiver
of Anti-Dilution Provision; Release. 
 (a)    Each Supporting Party hereby waives (for itself, for its successors,
heirs and assigns), to the fullest extent permitted by law, the ability to adjust the Initial Conversion Ratio (as defined in the Parent Charter) pursuant to Section 4.3(b)(ii) of the Parent Charter in connection with the issuance of additional
Parent Class A Stock in the Transactions—and each Supporting Party, for the avoidance of doubt, hereby consents to such waiver. This waiver shall be applicable only in connection with the Transactions and this Agreement (and any Parent
Class A Stock issued in connection with the Transactions) and shall be void and of no force and effect following the Expiration Time. 

(b)    In exchange for the Company’s and Parent’s entry into the Merger Agreement, this Agreement and agreement
to consummate the Transactions, which constitute good and valuable consideration for this release of Claims, effective as of the Effective Time, each Supporting Party, on such Supporting Party’s behalf and on behalf of each of the applicable
Associated Parties, hereby (i) irrevocably, unconditionally and completely releases, acquits and forever discharges each of the Releasees of and from any and all Claims, and (ii) irrevocably, unconditionally and completely waives and
relinquishes each and every Claim, in the case of each of clauses (i) and (ii), that such Supporting Party or any of the applicable Associated Parties may have had in the past, may now have or may have in the future against any of the Releasees
to the extent relating to or arising out of such Supporting Party’s or any of the applicable Associated Parties’ (A) employment or consulting relationship with Parent at any time up to and including the date of this Agreement,
(B) current or former status as a director, officer or consultant of or to Parent at any time up to and including the date of this Agreement, or (C) current or former status as a stockholder, holder of warrants, stock options or other
equity securities of Parent, including (1) Claims relating to the preparation, negotiation, execution or consummation of this Agreement, the Merger Agreement, or any other agreement, document, certificate or instrument delivered in connection
with the Transactions, and (2) Claims in respect of a breach by the Parent Board or its individual directors and officers of their fiduciary obligations, including in connection with the negotiation and execution of the Merger Agreement and the
consummation of the Transactions; provided, however, that (w) such Supporting Party is not releasing any rights available to it under the Merger Agreement or any other agreement entered into by such Supporting Party in connection with
the Transactions, or any other amount payable pursuant to any retention or equity incentive plan established by Parent in connection with the Mergers for the benefit of such Supporting Party; (x) if (and only if) such Supporting Party is an
officer or director of Parent, such Supporting Party is not releasing Supporting Party’s rights, if any, to indemnification that Supporting Party may have under Parent’s Governing Documents or any indemnification agreement between such
Supporting Party and Parent, as well as with respect to any directors’ and officers’ liability insurance policy maintained by Parent; (y) such Supporting Party is not releasing any rights set forth in Section 9 of that certain
Letter Agreement, dated March 7, 2019, by and among Parent, Sponsor and each of Parent’s then officers and directors, including each of the other Supporting Parties (the “Letter Agreement”); and (z) if applicable to
such Supporting Party, such Supporting Party is not releasing any rights available to it to receive salaries, bonuses, benefits, accrued vacation, expense reimbursements and expenses or other compensation earned in respect of employment with, or
services provided to, Parent. 

  
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 (c)    Each Supporting Party, on such Supporting Party’s behalf and
on behalf of each of the applicable Associated Parties, hereby irrevocably covenants to refrain from asserting any Claim, or commencing, instituting or causing to be commenced, any Legal Proceeding of any kind against any Releasee based upon any
Claim released or purported to be released pursuant to this Section 4. If such Supporting Party (or any of the applicable Associated Parties) brings any claim, suit, action or manner of action against any Releasee in
administrative proceedings, in arbitration or admiralty, at law, in equity, or mixed, with respect to any Claim released pursuant to this Section 4, then such Supporting Party shall indemnify such Releasee in the amount or
value of any final judgment or settlement (monetary or other) and any related cost (including reasonable legal fees) entered against, paid or incurred by the Releasee. 

(d)    Each Supporting Party, on such Supporting Party’s behalf and on behalf of each of the applicable Associated
Parties, expressly waives and releases any and all rights and benefits under Section 1542 of the California Civil Code (or any analogous law of any other state), which reads as follows: 

A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR OR RELEASING PARTY DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE
TIME OF EXECUTING THE RELEASE, AND THAT IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR OR RELEASING PARTY. 

  
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 (e)    Each Supporting Party understands and acknowledges (on its own
behalf and on behalf of each of the applicable Associated Parties) that it may discover facts different from, or in addition to, those which it knows or believes to be true with respect to the Claims, and agrees that this release shall be and remain
effective in all respects notwithstanding any subsequent discovery of different and/or additional facts. 

5.    Sponsor Lock-Up Shares. 

(a)    Lock-Up Shares. Sponsor agrees that, in connection with the
Transactions, 1,250,000 shares of the Parent Class A Stock (which such shares automatically converted from Parent Class F Stock to Parent Class A Stock at the closing of the Transactions) held by it (such shares, the “Lock-Up Shares”) shall, concurrently with the Closing, have the Legend (as defined below) affixed to them and be held subject to the terms and conditions of this Section 5. 

(b)    Legends. The books and records of Parent evidencing the Lock-Up
Shares shall be stamped or otherwise imprinted with a legend (the “Legend”) in substantially the following form: 
 THE
SECURITIES EVIDENCED HEREIN ARE SUBJECT TO RESTRICTIONS ON TRANSFER, AND CERTAIN OTHER AGREEMENTS, SET FORTH IN THE SPONSOR SUPPORT AGREEMENT, DATED AS OF JUNE 24, 2020, BY AND AMONG CRESCENT ACQUISITION CORP AND THE OTHER PARTIES THERETO. 

(c)    Procedures Applicable to the Lock-Up Shares. 

(i)    As soon as practicable, and in any event within five (5) days after the earlier to occur of Parent:
(A) becoming aware of the occurrence of a Triggering Event (as defined below); or (B) receiving written notice of a Triggering Event from Sponsor (which Triggering Event has in fact occurred), Parent shall remove, or cause to be removed,
the Legend from the books and records of Parent evidencing the Lock-Up Shares with respect to which a Triggering Event has occurred and such shares shall no longer be subject to any of the terms of this
Section 5 (any such removal of Legend and other restrictions, a “Release”). 

(ii)    Sponsor shall not Transfer any Lock-Up Shares until the later of
(A) the date on which the relevant vesting triggers have been satisfied as described in Section 5(d) below and the Legend on such shares has been removed from such shares and (B) the date on which the Lock-Up Shares are no longer subject to restriction pursuant to the Letter Agreement. 

(iii)    Any Lock-Up Shares not eligible to be Released in accordance with the
terms of Section 5(d) on or before the fifth (5th) anniversary of the Closing Date shall immediately thereafter be forfeited to Parent and canceled and Sponsor shall not
have any rights with respect thereto. 

  
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 (d)    Release of Lock-Up
Shares. The Lock-Up Shares shall be Released as follows (each, a “Triggering Event”): 

(i)    fifty percent (50%) of the Lock-Up Shares will be Released if (A) the
Volume Weighted Average Share Price equals or exceeds $12.50 per share for twenty (20) of any thirty (30) consecutive trading days commencing after the Closing on the Nasdaq or any other national securities exchange or (B) any shares
of Parent Class B-1 Stock or Parent Class B-2 Stock shall be converted or become eligible for conversion into shares of Parent Class A Stock or any other
form of consideration; and 
 (ii)    fifty percent (50%) of the Lock-Up Shares
will be Released if (A) the Volume Weighted Average Share Price equals or exceeds $15.00 per share for twenty (20) of any thirty (30) consecutive trading days commencing after the Closing on the Nasdaq or any other national securities
exchange or (B) any shares of Parent Class C-1 Stock or Parent Class C-2 shall be converted or become eligible for conversion into shares of Parent
Class A Stock or any other form of consideration. 
 For the avoidance of doubt, Sponsor shall be entitled to the Release of Lock-Up Shares upon the occurrence of each Triggering Event; provided, however, that each Triggering Event shall only occur once, if at all, and in no event shall Sponsor be entitled to the Release of more
than an aggregate of 1,250,000 Lock-Up Shares. 
 (e)    Equitable
Adjustments. The Volume Weighted Average Share Price targets set forth in Section 5(d) shall be equitably adjusted for any dividend (cash or stock), subdivision, reclassification, recapitalization, split, combination or
exchange of shares, or any similar event affecting the Parent Common Stock after the date of this Agreement. 

(f)    Acceleration Event. If, on or before the fifth (5th) anniversary of the Closing Date, there is a Change of
Control that will result in the holders of Parent Common Stock receiving a per share price equal to or in excess of the applicable Volume Weighted Average Share Price required in connection with any Triggering Event, then immediately prior to the
consummation of such Change of Control: (i) any such Triggering Event that has not previously occurred shall be deemed to have occurred; and (ii) the applicable Lock-Up Shares shall be Released to
Sponsor, and Sponsor shall be eligible to participate in such Change of Control. 
 6.    Entry into Closing
Agreements. Sponsor hereby agrees that it shall execute and deliver to Parent a copy of each of the Stockholders Agreement and the A&R Registration Rights Agreement (each in substantially the form attached to the Merger Agreement) at
Closing. 
 7.    Loans and Advances. Sponsor represents and warrants to Parent that, as of the date hereof,
there are no outstanding loans or advances from the Supporting Parties or their respective Affiliates to Parent or its subsidiaries. Notwithstanding anything herein to the contrary, each Supporting Party waives any rights under the Letter Agreement
to convert all or any portion of any amounts loaned or advanced to Parent or its subsidiaries at any time prior to or at the Closing into warrants to purchase shares of Parent Class A Stock. 

  
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 8.    Representations and Warranties of the Supporting Parties.
Each of the Supporting Parties hereby represents and warrants (severally and not jointly) to Parent and the Company as follows: 

(A)    Authorization, etc. Such Supporting Party has the power, authority and capacity to execute
and deliver this Agreement and to perform such Supporting Party’s obligations hereunder. This Agreement has been duly executed and delivered by such Supporting Party and constitutes a legal, valid and binding obligation of such Supporting
Party, enforceable against such Supporting Party in accordance with its terms, subject only to: (i) laws of general application relating to bankruptcy, insolvency and the relief of debtors; and (ii) rules of law governing specific
performance, injunctive relief and other equitable remedies. To the extent that such Supporting Party is a natural person who is married and is a resident in a community property state, such Supporting Party represents and warrants that such
Supporting Party has the absolute and unrestricted power, authority and capacity to execute and deliver this Agreement and to perform such Supporting Party’s obligations hereunder, notwithstanding any laws related to community property. To the
extent that such Supporting Party is not a natural person, including if such Supporting Party is a trust, such Supporting Party hereby further represents and warrants that: (A) such Supporting Party is duly organized, validly existing and in
good standing under the laws of the jurisdiction in which it was organized; (B) the undersigned has the power to execute and deliver this Agreement on behalf of such Supporting Party; (C) such Supporting Party has taken all necessary
action to authorize the execution, delivery and performance of this Agreement; and (D) the execution, delivery and performance of this Agreement by such Supporting Party will not violate any provision of such Supporting Party’s Governing
Documents. Such Supporting Party has read and understood this Agreement, including the complete release of Claims and waiver of jury trial contained herein, has consulted, or had the opportunity to consult, with such Supporting Party’s legal
counsel or other advisors with respect thereto, has knowingly and voluntarily elected to sign and accept this Agreement, and has not relied upon any promise, statement, or representation that is not set forth explicitly herein in deciding to sign
and accept this Agreement. 
 (b)    No Conflicts or Consents. The execution and delivery of this
Agreement by such Supporting Party do not, and the performance of this Agreement by such Supporting Party will not: (i) conflict with or violate any Legal Requirement or Order applicable to such Supporting Party or by which such Supporting
Party or any of such Supporting Party’s assets is or may be bound or affected; or (ii) result in or constitute (with or without notice or lapse of time) any breach of or default under, or give to any other Person (with or without notice or
lapse of time) any right of termination, amendment, acceleration or cancellation of, or result (with or without notice or lapse of time) in the creation of any Lien on any of the securities of Parent owned by such Supporting Party pursuant to, any
Contract to which such Supporting Party is a party or by which such Supporting Party or any of such Supporting Party’s Affiliates or assets is or may be bound or affected. The execution and delivery of this Agreement by such Supporting Party do
not, and the performance of this Agreement by such Supporting Party will not, require any Consent of any Person. 

(c)    Title to Securities. As of the date of this Agreement: (i) such Supporting Party has good and valid
title to and holds of record (free and clear of any Liens other than those arising under applicable securities laws or as would not otherwise restrict the performance of such Supporting Party’s obligations pursuant to this Agreement) the
number, class and series of shares of Subject Securities set forth next to such Supporting Party’s name on Schedule A; and (ii) such Supporting Party does not own any shares of capital stock or other securities of
Parent or any option, warrant, convertible note or other right to acquire (by purchase, conversion or otherwise) any shares of capital stock or other securities of Parent, other than as set forth on Schedule A. 

  
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 (d)    Litigation. There is no Legal Proceeding by or before any
Governmental Entity pending or, to the best of the knowledge of such Supporting Party, threatened against such Supporting Party or any of its Affiliates that challenges or would challenge the execution and delivery of this Agreement or the taking of
any of the actions required to be taken by such Supporting Party under this Agreement. 
 9.    Representations and
Warranties of Parent. Parent hereby represents and warrants to the other parties hereto as follows: 

(a)    Authorization, etc. Parent has all necessary corporate power and authority to execute and deliver
this Agreement and to perform its obligations hereunder. This Agreement has been duly executed and delivered by Parent and constitutes a legal, valid and binding obligation of Parent enforceable against Parent in accordance with its terms, subject
only to: (i) laws of general application relating to bankruptcy, insolvency and the relief of debtors; and (ii) rules of law governing specific performance, injunctive relief and other equitable remedies. Parent hereby further represents
and warrants that: (A) Parent is duly organized, validly existing and in good standing under the laws of the State of Delaware; (B) the undersigned has the power to execute and deliver this Agreement on behalf of Parent; (C) Parent
has taken all necessary action to authorize the execution, delivery and performance of this Agreement; and (D) the execution, delivery and performance of this Agreement by Parent will not violate any provision of Parent’s Governing
Documents. 
 (b)    No Conflicts or Consents. The execution and delivery of this Agreement by Parent do
not, and the performance of this Agreement by Parent will not: (i) conflict with or violate any Legal Requirement or Order applicable to Parent or by which Parent or any of its assets is or may be bound or affected; or (ii) result in or
constitute (with or without notice or lapse of time) any breach of or default under, or give to any other Person (with or without notice or lapse of time) any right of termination, amendment, acceleration or cancellation of any Contract to which
Parent is a party or by which Parent or any of its Affiliates or assets is or may be bound or affected. The execution and delivery of this Agreement by Parent do not, and the performance of this Agreement by Parent will not, require any Consent of
any Person. 
 (c)    Litigation. There is no Legal Proceeding by or before any Governmental Entity pending or,
to the best of the knowledge of Parent, threatened against Parent or any of its Affiliates that challenges or would challenge the execution and delivery of this Agreement or the taking of any of the actions required to be taken by Parent under this
Agreement. 
 10.    Representations and Warranties of the Company. The Company hereby represents and warrants to
the other parties hereto as follows: 
 (a)    Authorization, etc. The Company has all necessary corporate
power and authority to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement has been duly executed and delivered by the Company and constitutes a legal, valid and binding obligation of the Company enforceable
against the Company in accordance with its terms, subject only to: (i) laws of general application relating to bankruptcy, insolvency and the relief of debtors; and (ii) rules of law governing specific performance, injunctive relief and
other equitable remedies. The Company hereby further represents and warrants that: (A) the Company is duly organized, validly existing and in good standing under the laws of the State of Delaware; (B) the undersigned has the power to
execute and deliver this Agreement on behalf of the Company; (C) the Company has taken all necessary action to authorize the execution, delivery and performance of this Agreement; and (D) the execution, delivery and performance of this
Agreement by the Company will not violate any provision of the Company’s Governing Documents. 

  
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 (b)    No Conflicts or Consents. The execution and
delivery of this Agreement by the Company do not, and the performance of this Agreement by the Company will not: (i) conflict with or violate any Legal Requirement or Order applicable to the Company or by which the Company or any of its assets
is or may be bound or affected; or (ii) result in or constitute (with or without notice or lapse of time) any breach of or default under, or give to any other Person (with or without notice or lapse of time) any right of termination, amendment,
acceleration or cancellation of any Contract to which the Company is a party or by which the Company or any of its Affiliates or assets is or may be bound or affected. The execution and delivery of this Agreement by the Company do not, and the
performance of this Agreement by the Company will not, require any Consent of any Person. 
 (c)    Litigation.
There is no Legal Proceeding by or before any Governmental Entity pending or, to the best of the Knowledge of the Company, threatened against the Company or any of its Affiliates that challenges or would challenge the execution and delivery of this
Agreement or the taking of any of the actions required to be taken by the Company under this Agreement. 
 11.    No
Solicitation. 
 (a)    During the period from the date of this Agreement and continuing until the termination of
this Agreement in accordance with Section 11, no Supporting Party shall, and each Supporting Party shall cause or direct, as applicable, its Affiliates and Representatives not to, directly or indirectly: (i) solicit,
initiate, enter into or continue discussions, negotiations or transactions with, or encourage or respond to any inquiries or proposals by, or provide any information to, any Person (other than the Company and its Representatives) concerning any
merger, sale of ownership interests and/or assets of Parent, recapitalization or similar transaction or any other “Business Combination” (as defined in the Parent Charter), in each case other than the Transactions (each, a “Parent
Business Combination”); (ii) enter into any agreement regarding, continue or otherwise participate in any discussions or negotiations regarding, or cooperate in any way that would otherwise reasonably be expected to lead to a Parent
Business Combination; or (iii) commence, continue or renew any due diligence investigation regarding a Parent Business Combination. Each Supporting Party shall, and shall cause its respective Affiliates and Representatives to, immediately cease
any and all existing discussions or negotiations with any Person (other than the Company and its Representatives) with respect to any Parent Business Combination. Each Supporting Party agrees to promptly inform such Person’s Representatives of
the obligations undertaken in this Section 11(a). 

  
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 (b)    Each Supporting Party shall promptly (and in no event later than
24 hours after becoming aware of such inquiry, proposal, offer or submission) notify the other parties hereto if it or, to the best of its knowledge, any of its or its Representatives receives any inquiry, proposal, offer or submission with respect
to a Parent Business Combination (including the identity of the Person making such inquiry or submitting such proposal, offer or submission), after the execution and delivery of this Agreement. If any Supporting Party or its Representatives receives
an inquiry, proposal, offer or submission with respect to a Parent Business Combination, such Supporting Party shall provide the other parties hereto with a copy of such inquiry, proposal, offer or submission. 

12.    Termination. This Agreement shall terminate, and no party shall have any rights or obligations hereunder and
this Agreement shall have no further effect upon the Expiration Time. No such termination, however, shall relieve any party hereto of any liability or damages to the other party hereto resulting from any deliberate breach of this Agreement prior to
its termination. Notwithstanding anything herein to the contrary, Section 5 shall terminate only upon the earlier to occur of (a) such date and time as the Merger Agreement shall have been terminated validly in
accordance with its terms, (b) such time as all of the Lock-Up Shares shall have been Released or (c) the forfeit and cancellation of Lock-Up Shares in
accordance with Section 5(c)(iii). 
 13.    Capacity; Publicity. 

(a)    Notwithstanding anything in this Agreement to the contrary, but without limitation of any obligations under the
Merger Agreement, each Supporting Party is entering into this Agreement solely in its capacity as a record holder or beneficial owner of shares of Subject Securities and not in its (or any Affiliate’s) capacity as an officer or director of
Parent or its subsidiaries, if applicable. Notwithstanding any asserted conflict, nothing herein will limit or affect any Supporting Party’s ability to act as an officer or director of Parent or its Subsidiaries. 

(b)    No Supporting Party nor any of such Supporting Party’s Affiliates shall issue or make any press release or
other public announcement concerning (or otherwise disclose to any Person the existence or terms of) this Agreement, the Merger Agreement or any of the Transactions, without Parent’s and the Company’s prior written consent. 

14.    Miscellaneous. 

(a)    Further Assurances. From time to time and without additional consideration, Supporting Party shall use its
reasonable best efforts to execute and deliver, or cause to be executed and delivered, such additional transfers, assignments, endorsements, Consents and other instruments (including the Surrender Documentation), and shall take such further actions,
as Parent may reasonably request for the purpose of carrying out and furthering the intent of this Agreement and the Merger Agreement. 

(b)    Notices. All notices and other communications hereunder shall be in writing and shall be deemed given:
(i) on the date established by the sender as having been delivered personally; (ii) one (1) Business Day after being sent by a nationally recognized overnight courier guaranteeing overnight delivery; (iii) on the date delivered,
if delivered by email of a pdf document; or (iv) on the fifth (5th) Business Day after the date mailed, by certified or registered mail, return receipt requested, postage prepaid. Such
communications, to be valid, must be addressed as follows: 

  
 11 

 
			
	if to Parent, to:
	
	 Crescent Acquisition Corp

	 11100 Santa Monica Blvd., Suite 2000

	 Los Angeles, CA 90025

	 Attention:    
	  	George Hawley
	 Email:
	  	george.hawley@crescentcap.com
	
	with a copy (which shall not constitute notice) to:
	
	 Skadden, Arps, Slate, Meagher & Flom LLP

	 525 University Avenue, Suite #1400

	 Palo Alto, CA 94301

	 Attention:
	  	Michael J. Mies
	 Email:
	  	michael.mies@skadden.com
	
	if to the Company, to:
	
	 F45 Training Holdings Inc.

	 236 California Street

	 El Segundo, CA 90245

	 Attention:
	  	Chief Legal Officer
	 Email:
	  	pgrosso@f45hq.com
	
	with copies (which shall not constitute notice) to:
	
	 Gibson, Dunn & Crutcher LLP

	 333 South Grand Avenue

	 Los Angeles, CA 90071

	 Attention:
	  	Peter Wardle
	 Email:
	  	pwardle@gibsondunn.com
		
	 and
	  	
	
	 Gibson, Dunn & Crutcher LLP

	 2029 Century Park East Suite 4000

	 Los Angeles, CA 90067

	 Attention:
	  	Daniela L. Stolman
	 Email:
	  	dstolman@gibsondunn.com
	  
 if to a Supporting Party, to the address or email address
of such Person set forth next to the name of such Person on Schedule A.

  
 12 

 or to such other address or to the attention of such Person or Persons as the recipient party has specified
by prior written notice to the sending party (or in the case of counsel, to such other readily ascertainable business address as such counsel may hereafter maintain). If more than one method for sending notice as set forth above is used, the
earliest notice date established as set forth above shall control. 
 (c)    Severability. In the event that any
term, provision, covenant or restriction of this Agreement, or the application thereof, is held to be illegal, invalid or unenforceable under any present or future Legal Requirement: (i) such provision will be fully severable; (ii) this
Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof; (iii) the remaining provisions of this Agreement will remain in full force and effect and will not be affected by
the illegal, invalid or unenforceable provision or by its severance herefrom; and (iv) in lieu of such illegal, invalid or unenforceable provision, there will be added automatically as a part of this Agreement a legal, valid and enforceable
provision as similar in terms of such illegal, invalid or unenforceable provision as may be possible. 

(d)    Entire Agreement. This Agreement, the Merger Agreement and the other Transaction Agreements, if applicable,
and any other documents and instruments and agreements among the parties hereto as contemplated by or referred to herein or therein, constitute the entire agreement between the parties hereto with respect to the subject matter hereof and thereof and
supersede all prior agreements and understandings between the parties with respect thereto. 
 (e)    Amendment.
This Agreement may be amended by the parties hereto at any time by execution of an instrument in writing signed on behalf of each of the parties hereto; provided that, following the Effective Time, Section 5 may be
amended by an instrument in writing signed on behalf of Parent and Sponsor. 
 (f)    Assignment; Binding Effect; No
Third-Party Rights. Neither this Agreement nor any of the rights, interests or obligations hereunder may be assigned or delegated by any party hereto, and any attempted or purported assignment or delegation of any of such interests or
obligations shall be null and void. Subject to the preceding sentence, this Agreement shall be binding upon each of the parties hereto, their respective heirs, estates, executors and personal representatives (if applicable) and their respective
successors and assigns, and shall inure to the benefit of each of the parties hereto and their respective successors and assigns. Nothing in this Agreement is intended to confer on any Person (other than Parent, the Company and the Supporting
Parties and their respective successors and assigns) any rights or remedies of any nature. Notwithstanding anything to the contrary herein (including the preceding sentence), the Stockholder Representative shall be an intended third party
beneficiary of this Agreement; provided that the Stockholder Representative shall cease to be an intended third party beneficiary of Section 5 upon the occurrence of the Effective Time. 

(g)    Other Remedies; Specific Performance. Except as otherwise provided herein, prior to the Closing, any
and all remedies herein expressly conferred upon a party hereto will be deemed cumulative with and not exclusive of any other remedy conferred hereby, or by law or equity upon such party hereto, and the exercise by a party hereto of any one remedy
will not preclude the exercise of any other remedy. The parties hereto agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise
breached. It is accordingly agreed that each party hereto shall be entitled to enforce specifically the terms and provisions of this Agreement in any court having jurisdiction pursuant to Section 14(i), without the
necessity of proving the inadequacy of money damages as a remedy and without bond or other security being required, this being in addition to any other remedy to which they are entitled at law or in equity. Each of the parties hereto hereby
acknowledges and agrees that it may be difficult to prove damages with reasonable certainty, that it may be difficult to procure suitable substitute performance, and that injunctive relief and/or specific performance will not cause an undue hardship
to the parties hereto. Each of the parties hereto hereby further acknowledges that the existence of any other remedy contemplated by this Agreement does not diminish the availability of specific performance of the obligations hereunder or any other
injunctive relief. Each party hereto hereby further agrees that in the event of any action by any other party for specific performance or injunctive relief, it will not assert that a remedy at law or other remedy would be adequate or that specific
performance or injunctive relief in respect of such breach or violation should not be available on the grounds that money damages are adequate or any other grounds. 

  
 13 

 (h)    Governing Law. This Agreement and the consummation of the
Transactions, and any action, suit, dispute, controversy or claim arising out of this Agreement and the consummation of the Transactions, or the validity, interpretation, breach or termination of this Agreement and the consummation of the
Transactions, shall be governed by and construed in accordance with the internal law of the State of Delaware regardless of the law that might otherwise govern under applicable principles of conflicts of law thereof. 

(i)    Consent to Jurisdiction; Waiver of Jury Trial. 

(i)    Each of the parties hereto irrevocably consents to the exclusive jurisdiction and venue of the Court of Chancery in
the State of Delaware (or, to the extent that such court does not have subject matter jurisdiction, the Superior Court of the State of Delaware and the United States District Court for the District of Delaware), in each case in connection with any
matter based upon or arising out of this Agreement, the other Transaction Agreements and the consummation of the Transactions, agrees that process may be served upon them in any manner authorized by the laws of the State of Delaware for such Person
and waives and covenants not to assert or plead any objection which they might otherwise have to such manner of service of process. Each party hereto and any Person asserting rights as a third-party beneficiary may do so only if he, she or it hereby
waives, and shall not assert as a defense in any legal dispute, that: (A) such Person is not personally subject to the jurisdiction of the above named courts for any reason; (B) such Legal Proceeding may not be brought or is not
maintainable in such court; (C) such Person’s property is exempt or immune from execution; (D) such Legal Proceeding is brought in an inconvenient forum; or (E) the venue of such Legal Proceeding is improper. Each party hereto
and any Person asserting rights as a third-party beneficiary hereby agrees not to commence or prosecute any such action, claim, cause of action or suit other than before one of the above-named courts, nor to make any motion or take any other action
seeking or intending to cause the transfer or removal of any such action, claim, cause of action or suit to any court other than one of the above-named courts, whether on the grounds of inconvenient forum or otherwise. Each party hereto hereby
consents to service of process in any such proceeding in any manner permitted by Delaware law, and further consents to service of process by nationally recognized overnight courier service guaranteeing overnight delivery, or by registered or
certified mail, return receipt requested, at its address specified pursuant to Section 14(b). Notwithstanding the foregoing in this Section 14(i), any party hereto may commence any action, claim,
cause of action or suit in a court other than the above-named courts solely for the purpose of enforcing an order or judgment issued by one of the above-named courts. 

  
 14 

 (ii)    TO THE EXTENT NOT PROHIBITED BY APPLICABLE LAW WHICH CANNOT BE
WAIVED, EACH OF THE PARTIES HERETO AND ANY PERSON ASSERTING RIGHTS AS A THIRD-PARTY BENEFICIARY MAY DO SO ONLY IF HE, SHE OR IT IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT TO TRIAL BY JURY ON ANY CLAIMS OR COUNTERCLAIMS ASSERTED IN ANY LEGAL
DISPUTE RELATING TO THIS AGREEMENT, EACH OF THE OTHER TRANSACTION AGREEMENTS AND THE CONSUMMATION OF THE TRANSACTIONS, AND FOR ANY COUNTERCLAIM RELATING THERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING. IF THE SUBJECT MATTER OF ANY
SUCH LEGAL DISPUTE IS ONE IN WHICH THE WAIVER OF JURY TRIAL IS PROHIBITED, NO PARTY HERETO NOR ANY PERSON ASSERTING RIGHTS AS A THIRD-PARTY BENEFICIARY SHALL ASSERT IN SUCH LEGAL DISPUTE A NON-COMPULSORY
COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT, THE OTHER TRANSACTION AGREEMENTS AND THE CONSUMMATION OF THE TRANSACTIONS. FURTHERMORE, NO PARTY HERETO NOR ANY PERSON ASSERTING RIGHTS AS A THIRD-PARTY BENEFICIARY SHALL SEEK TO CONSOLIDATE
ANY SUCH LEGAL DISPUTE WITH A SEPARATE ACTION OR OTHER LEGAL PROCEEDING IN WHICH A JURY TRIAL CANNOT BE WAIVED. 

(j)    Counterparts; Electronic Delivery. This Agreement may be executed in one or more counterparts, all of which
shall be considered one and the same document and shall become effective when one or more counterparts have been signed by each of the parties hereto and delivered to the other parties hereto, it being understood that all parties hereto need not
sign the same counterpart. Delivery by electronic transmission to counsel for the other parties hereto of a counterpart executed by a party hereto shall be deemed to meet the requirements of the previous sentence. 

(k)    Headings. The headings used in this Agreement have been inserted for convenience of reference only and do
not define or limit the provisions hereof. 
 (l)    Extension; Waiver. At any time prior to the Closing, Parent,
the Company and each Supporting Party may, to the extent not prohibited by Applicable Legal Requirements: (i) extend the time for the performance of any of the obligations or other acts of the other parties hereto; (ii) waive any
inaccuracies in the representations and warranties made to the other parties hereto contained herein or in any document delivered pursuant hereto; and (iii) waive compliance with any of the agreements or conditions for the benefit of such party
contained herein. Any agreement on the part of a party hereto to any such extension or waiver shall be valid only if set forth in an instrument in writing signed on behalf of such party. Delay in exercising any right under this Agreement shall not
constitute a waiver of such right. 
 (m)    Independence of Obligations. The covenants and obligations of each
Supporting Party set forth in this Agreement shall be construed as independent of any other Contract between such Supporting Party, on the one hand, and the Company or Parent, on the other hand. The existence of any claim or cause of action by any
such Supporting Party against the Company or Parent shall not constitute a defense to the enforcement of any of such covenants or obligations against such Supporting Party. Nothing in this Agreement shall limit any of the rights or remedies of
Parent or the Company under the Merger Agreement, or any of the rights or remedies of Parent or the Company or any of the obligations such Supporting Party under any agreement between such Supporting Party and Parent or the Company or any
certificate or instrument executed by such Supporting Party in favor of Parent or the Company; and nothing in the Merger Agreement or in any other such agreement, certificate or instrument, shall limit any of the rights or remedies of Parent or the
Company or any of the obligations of such Supporting Party under this Agreement. 

  
 15 

 (n)    No Presumption Against Drafting Party. Each party hereto
waives the application of any law, regulation, holding or rule of construction providing that ambiguities in an agreement or other document will be construed against the party drafting such agreement or document. 

(o)    Interpretation. The words “hereof,” “herein,” “hereinafter,”
“hereunder,” and “hereto” and words of similar import refer to this Agreement as a whole and not to any particular section or subsection of this Agreement and reference to a particular section of this Agreement will include all
subsections thereof, unless, in each case, the context otherwise requires. The definitions of the terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context shall require, any pronoun shall include
the corresponding masculine, feminine and neuter forms. When a reference is made in this Agreement to an Exhibit or Schedule, such reference shall be to an Exhibit or Schedule to this Agreement unless otherwise indicated. When a reference is made in
this Agreement to Sections or subsections, such reference shall be to a Section or subsection of this Agreement. Unless otherwise indicated the words “include,” “includes” and “including” when used herein shall be
deemed in each case to be followed by the words “without limitation.” Reference to the subsidiaries of an entity shall be deemed to include all direct and indirect subsidiaries of such entity. The word “or” shall be disjunctive
but not exclusive. References to a particular statute or regulation including all rules and regulations thereunder and any predecessor or successor statute, rule, or regulation, in each case as amended or otherwise modified from time to time. All
references to currency amounts in this Agreement shall mean United States dollars. 
 The remainder of this page is intentionally left
blank. 

  
 16 

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

					
	SPONSOR
	
	CFI SPONSOR LLC
		
	By:	 	 /s/ Robert D. Beyer

		 	Name:	 	Robert D. Beyer
		 	Title:	 	Member

  
 SIGNATURE
PAGE TO SPONSOR SUPPORT AGREEMENT 

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

	
	SUPPORTING PARTY
	
	 /s/ Robert D. Beyer

	Robert D. Beyer

  
 SIGNATURE
PAGE TO SPONSOR SUPPORT AGREEMENT 

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

	
	SUPPORTING PARTY
	
	 /s/ Jean-Marc Chapus

	Jean-Marc Chapus

  
 SIGNATURE
PAGE TO SPONSOR SUPPORT AGREEMENT 

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

	
	SUPPORTING PARTY
	
	 /s/ Todd M. Purdy

	Todd M. Purdy

  
 SIGNATURE
PAGE TO SPONSOR SUPPORT AGREEMENT 

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

	
	SUPPORTING PARTY
	
	 /s/ Christopher G. Wright

	Christopher G. Wright

  
 SIGNATURE
PAGE TO SPONSOR SUPPORT AGREEMENT 

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

	
	SUPPORTING PARTY
	
	 /s/ George P. Hawley

	George P. Hawley

  
 SIGNATURE
PAGE TO SPONSOR SUPPORT AGREEMENT 

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

					
	 CRESCENT ACQUISITION CORP
  

	By:	 	 /s/ Christopher G. Wright

		 	Name:	 	Christopher G. Wright
		 	Title:	 	President

  
 SIGNATURE
PAGE TO SPONSOR SUPPORT AGREEMENT 

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

					
	F45 TRAINING HOLDINGS INC.
		
	By:	 	 /s/ Adam Gilchrist

		 	Name:	 	Adam Gilchrist
		 	Title:	 	CEO

  
 SIGNATURE
PAGE TO SPONSOR SUPPORT AGREEMENT 

 SCHEDULE A1 

 

															
	 Name
	  	 Notice Address
	  	Class A Stock	 	  	Class F Stock	 	  	Warrants	 
	 CFI Sponsor LLC
	  	11100 Santa Monica Blvd., Suite 2000 
Los Angeles, CA 90025 
Attention: George Hawley 
Email: george.hawley@crescentcap.com	  	 	0	 	  	 	6,175,000	 	  	 	7,000,000	 
	 Robert D. Beyer
	  	c/o CFI Sponsor LLC 
11100 Santa Monica Blvd., Suite 2000 
Los Angeles, CA 90025 
Attention: George Hawley 
Email: george.hawley@crescentcap.com	  	 	0	 	  	 	6,175,000	 	  	 	7,000,000	 
	 Jean-Marc Chapus
	  	 	0	 	  	 	6,175,000	 	  	 	7,000,000	 
	 Todd M. Purdy
	  	 	0	 	  	 	6,175,000	 	  	 	7,000,000	 
	 Christopher G. Wright
	  	 	0	 	  	 	0	 	  	 	0	 
	 George P. Hawley
	  	 	0	 	  	 	0	 	  	 	0	 
		  		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
		  	TOTAL:	  	 	0	 	  	 	6,175,000	 	  	 	7,000,000	 
		  		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 

  

	1 	 Table does not include the shares of Parent Class A Stock underlying private placement warrants
held or to be held by the Supporting Parties because these securities are not exercisable within 60 days of the date hereof. Sponsor is the record holder of the shares described below. Crescent Capital Group LP, Beyer Family Interests LLC and TSJD
Family LLC are managing members of Sponsor. Messrs. Attanasio and Chapus are the managing members of Crescent Capital Group LP. Mr. Beyer is a managing member of Beyer Family Interests LLC. Mr. Purdy is a managing member of TSJD Family
LLC. As such, they may be deemed to have or share beneficial ownership of the Class F Stock held directly by Sponsor. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest
they may have therein, directly or indirectly.

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