Document:

Exhibit
10.8(4)

 

FOURTH
AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT

 

This
FOURTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”), dated as of April 30, 2021, is entered
into by and among IT GLOBAL HOLDING LLC, a Delaware limited liability company (“IT Global”), 4TH SOURCE LLC a Delaware
limited liability company (“4th Source”), AGILETHOUGHT, LLC, a Florida limited liability company (“AgileThought”),
AN EXTEND, S.A. de C.V., a sociedad anonima de capital variable incorporated under the laws of Mexico (“AN Extend”),
AN EVOLUTION S. DE R.L. DE C.V., a sociedad de responsabilidad limitada de capital variable incorporated under the laws
of Mexico (“AN Evolution,” and together with IT Global, 4th Source, AgileThought, and AN Extend, each a “Borrower”
and collectively, the “Borrowers”), AN GLOBAL LLC, a Delaware limited liability company (“Intermediate Holdings”),
AGILETHOUGHT, INC. (f/k/a AN GLOBAL INC.), a Delaware corporation (“Ultimate Holdings” and together with Intermediate
Holdings, the “Holdings Companies”), the financial institutions party hereto as lenders (together with their respective
successors and assigns, the “Lenders”), and MONROE CAPITAL MANAGEMENT ADVISORS, LLC, a Delaware limited liability
company (“Monroe Capital”), as Administrative Agent for the Lenders (the “Administrative Agent”).

 

recitals

 

WHEREAS,
Borrowers, Holdings Companies, the Lenders party thereto, and the Administrative Agent are parties to that certain Amended and Restated
Credit Agreement, dated as of July 18, 2019 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit
Agreement”);

 

WHEREAS,
the Borrowers and Holdings Companies now desire that the Administrative Agent and the Lenders agree to make certain amendments to the
Credit Agreement; and

 

WHEREAS,
the Administrative Agent and the Lenders have agreed to do so, but only on the terms and conditions set forth herein;

 

NOW,
THEREFORE, in consideration of the matters set forth in the above Recitals and the covenants and provisions herein set forth, and other
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

 

AGREEMENT

 

Section 1 Amendments to Credit Agreement. Subject to the effectiveness of this Amendment, including, without limitation, the satisfaction
of the conditions of effectiveness set forth in Section 5 below, on the Amendment No. 4 Effective Date (as defined below), the
Credit Agreement is hereby amended as follows:

 

1.1
Section 1.1 of the Credit Agreement is hereby amended and restated to add the following new defined terms in appropriate alphabetical
order:

 

“Amendment
No. 4 Effective Date” is defined in the Fourth Amendment.

 

“Fourth
Amendment” means that certain Fourth Amendment to Amended and Restated Credit Agreement dated as of April 30, 2021.

 

“Warrants”
means (a) the warrants issued by LIVK in connection with its initial public offering of units (the “IPO”) to buyers of its
units in the IPO and (b) the warrants issued by LIVK to its sponsor, LIV Capital Acquisition Sponsor, L.P., in a private placement occurring
substantially concurrently with the IPO, substantially in the form attached as Exhibit A to the Fourth Amendment.

 

     

     

    

 

1.2
The definition of “Fixed Charges” in Section 1.1 of the Credit Agreement is hereby amended and restated in
its entirety as follows:

 

“Fixed
Charges” means, for the Consolidated Group determined on a consolidated basis in accordance with GAAP for any Computation Period,
the sum of, without duplication, (a) cash Interest Expense thereof in such Computation Period, plus (b) scheduled principal payments
of Debt thereof (including (i) the Loans, (ii) the Second Lien Debt to the extent any such payments thereof would constitute Permitted
Second Lien Debt Payments, and (iii) any Earn-out Obligations, including, without limitation, all Permitted Earn-out Obligations (other
than the Permitted Earn-out Obligations paid out of funds on deposit in the Segregated Account), but excluding (x) the Revolving Loans
and (y) scheduled payments of principal required to paid pursuant to Section 6.4.2 hereof during the Modified Amortization Period) in
such Computation Period; provided that, for the avoidance of doubt, any Permitted Earn-out Obligation shall be excluded from Fixed
Charges to the extent that, as of any date of determination, the Payment Conditions with respect to such Permitted Earn-Out Obligation
are not satisfied as of such date (after giving pro forma effect to such payment).

 

1.3
The definition of “Debt” in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety
as follows:

 

“Debt”
of any Person means, without duplication, (a) all indebtedness of such Person for borrowed money, including, without limitation, the
Second Lien Debt, (b) all indebtedness of such Person evidenced by bonds, debentures, notes or similar instruments, (c) all Capitalized
Lease Obligations of such Person, (d) all obligations of such Person to pay the deferred purchase price of property or services (excluding
trade accounts payable in the ordinary course of business that are not more than 60 days past due), (e) all indebtedness secured by a
Lien on the property of such Person, whether or not such indebtedness shall have been assumed by such Person; provided that if such Person
has not assumed or otherwise become liable for such indebtedness, such indebtedness shall be measured at the fair market value of such
property securing such indebtedness at the time of determination, (f) all obligations, contingent or otherwise, with respect to the face
amount of all letters of credit (whether or not drawn), bankers’ acceptances and similar obligations issued for the account of
such Person (including the Letters of Credit), (g) all Hedging Obligations of such Person (determined in accordance with the definition
of “Hedging Agreement”), (h) all Contingent Liabilities of such Person, (i) all Debt of any partnership of which such Person
is a general partner, (j) all non-compete payment obligations, earn-outs and similar obligations of such Person (including, without limitation,
all Earn-out Obligations), (k) all monetary obligations under any receivables factoring, receivable sale, or similar transactions and
all monetary obligations under any synthetic lease, tax ownership/operating lease, off-balance sheet financing, or similar financing,
and (l) any Equity Interests or other equity instrument (other than the Warrants), whether or not mandatorily redeemable, that under
GAAP is characterized as debt, whether pursuant to financial accounting standards board issuance No. 150 or otherwise.

 

    2

     

    

 

1.4
Section 6.4.2 of the Credit Agreement is hereby amended and restated in its entirety as follows:

 

Term
Loans. Borrowers shall repay the aggregate outstanding principal amount of the Term Loans (including, without limitation, the Existing
Term Loans, the Closing Date Term Loans, and any Incremental Term Loans) (a) in consecutive quarterly installments equal to the Scheduled
Term Loan Payment Amount on the last Business Day of each of March, June, September and December commencing on September 30, 2019 (other
than for the six consecutive months ending February 28, 2021 through and including July 31, 2021 (the “Modified Amortization
Period”) which shall amortize as set forth in clause (b)), (b) in six consecutive monthly installments equal to $1,000,000
each month on the last Business Day of each of calendar month during the Modified Amortization Period (provided that, upon prior written
notice to the Administrative Agent, the Borrowers may elect to pay such monthly installments for the months ending April 30, 2021 and
May 31, 2021 concurrently with the monthly installment for the month ending June 30, 2021), and (c) a final installment equal to the
remaining outstanding principal balance of the Term Loans, payable on the Termination Date. Unless sooner paid in full, the outstanding
principal balance of the Term Loans must be paid in full on the Termination Date. In the event that the Borrowers do not pay the monthly
installment for the month ending April 30, 2021 on or before April 30, 2021, then the Borrowers shall jointly and severally pay to Administrative
Agent, for the ratable benefit of the Lenders, a fee equal to $500,000, which fee shall be fully earned as of April 30, 2021 and due
and payable on the Termination Date. In the event that the Borrowers do not pay the monthly installment for the month ending May 31,
2021 on or before May 31, 2021, then the Borrowers shall jointly and severally pay to Administrative Agent, for the ratable benefit of
the Lenders, an additional fee equal to $500,000, which fee shall be full earned on May 31, 2021 and due and payable on the Termination
Date.

 

1.5
Section 10.1.1 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:

 

Annual
Report. Promptly when available and in any event within 120 days after the close of each Fiscal Year (or, solely for the Fiscal Year
ended December 31, 2020, within three Business Days of the Amendment No. 4 Effective Date) (a) a copy of the annual audit report of the
Consolidated Group for such Fiscal Year, including consolidated balance sheets and statements of earnings and cash flows of the Consolidated
Group as at the end of such Fiscal Year certified without adverse reference to going concern value and without qualification by independent
auditors of recognized standing selected by Borrowers and reasonably acceptable to Administrative Agent, and (b) a balance sheet of the
Consolidated Group as of the end of that Fiscal Year and statement of earnings and cash flows for the Consolidated Group for that Fiscal
Year, certified by a Senior Officer of Borrower Representative.

 

1.6 Clause
(e) in Section 11.1 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:

 

(i)
Permitted Earn-out Obligations, and (ii) Subordinated Debt (other than, for avoidance of doubt, any Second Lien Debt and the Permitted
Earn-out Obligations) incurred after the Closing Date in an aggregate outstanding amount for all Loan Parties and their Subsidiaries
not to exceed $4,000,000 at any time, so long as such Subordinated Debt is subject to a Subordination Agreement;

 

    3

     

    

 

1.7
Clause (v) in Section 11.4 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:

 

(v)
a SPAC Transaction, so long as such SPAC Transaction is consummated in accordance with Section 3 of the Fourth
Amendment.

 

1.8
Section 11.12.1 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:

 

11.12.1
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio of the Consolidated Group for any Computation Period to be
less than the applicable ratio set forth below for such Computation Period:

 

	Computation
    Period Ending	Fixed
    Charge Coverage
	June
    30, 2019	1.15:1.00
	September
    30, 2019	1.15:1.00
	December
    31, 2019	1.20:1.00
	March
    31, 2020, June 30, 2020, and September 30, 2020	1.25:1.00
	December
    31, 2020	1.15:1.00
	March
    31, 2021	1.10:1.00
	June
    30, 2021	1.10:1.00
	September
    30, 2021	1.20:1.00
	December
    31, 2021 and each Computation Period ending thereafter	1.25:1.00

 

1.9
Section 11.12.2 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:

 

11.12.1 Total
Leverage Ratio. Permit the Total Leverage Ratio of the Consolidated Group for any Computation Period to exceed the applicable
ratio set forth below for such Computation Period:

 

	Computation
    Period Ending	Total
    Leverage Ratio
	June
    30, 2019	3.75:1.00
	September
    30, 2019	3.50:1.00
	December
    31, 2019	3.50:1.00
	March
    31, 2020	3.25:1.00
	June
    30, 2020	3.00:1.00
	September
    30, 2020	3.50:1.00
	December
    31, 2020	5.40:1.00
	March
    31, 2021	5.25:1.00
	June
    30, 2021	5.25:1.00
	September
    30, 2021	4.50:1.00
	December
    31, 2021	3.50:1.00
	March
    31, 2022 and each Computation Period ending thereafter	3.00:1.00

 

Section
2 Financial Advisor. The parties hereto agree that the Administrative Agent may at any time, in its discretion, employ a financial
advisor acceptable to Administrative Agent in its discretion to review the forecast for and operations of the Consolidated Group, at
the sole expense of the Borrowers.

 

    4

     

    

 

Section
3 Consents. Notwithstanding anything to the contrary in any Loan Document, subject to the satisfaction of the conditions
precedent set forth in Section 5 below, the Lenders and the Administrative Agent hereby consent to the SPAC Transaction (including,
for the avoidance of doubt, the terms and provisions of the Warrants) so long as (i) both before and after giving effect to the SPAC
Transaction, no Default or Event of Default exists and (ii)(A) such SPAC Transaction shall be consummated based on an implied enterprise
value of Ultimate Holdings of not less than $450,000,000, and (B) the aggregate amount of cash proceeds received by Ultimate Holdings
or the SPAC in connection with the SPAC Transaction (including (x) cash proceeds pursuant to a “private investment in public equity”,
(y) cash released from LIVK’s trust account in connection with the consummation of the SPAC Transaction and (z) cash investments
pursuant to the LIV Equity Contribution Agreement) shall not be less than $40,000,000. In addition, notwithstanding anything to the contrary
in any Loan Document, subject to the satisfaction of the conditions precedent set forth in Section 5 below, the Lenders and the Administrative
Agent hereby consent to the amendment of the certificate of incorporation of Ultimate Holdings substantially as required pursuant to
Section 2.2 of the LIV Equity Contribution Agreement (the “Charter Amendment”), but solely provided that (x)
the Administrative Agent is given three Business Days’ notice, and a copy of such Charter Amendment prior to the filing thereof,
and (y) the Charter Amendment is not adverse to the interests of the Administrative Agent or the Lenders (unless otherwise agreed by
the Administrative Agent in writing). For the avoidance of doubt, the Administrative Agent and the Lenders hereby agree that the terms
of the Charter Amendment set forth in the Equity Term Sheet attached to the Third Amendment as Exhibit 3 are not adverse to the interests
of the Administrative Agent or the Lenders.

 

Section
4 Definitions. All capitalized term used herein and not otherwise defined herein shall have the meanings given to them
in the Credit Agreement as amended hereby.

 

Section
5 Conditions Precedent to Effectiveness of Amendment. This Amendment shall become effective upon the satisfaction of
each of the following conditions (the date on which all such conditions precedent have been satisfied, the “Amendment No. 4
Effective Date”):

 

5.1
Administrative Agent shall have received a copy of this Amendment signed by the Loan Parties, the Administrative Agent and the Required
Lenders;

 

5.2
Administrative Agent shall have received a fully executed copy of the Third Amendment to First Amended and Restated Credit Agreement,
dated as of the date of this Amendment, amending the Second Lien Loan Agreement in form and substance satisfactory to the Administrative
Agent;

 

5.3
Administrative Agent shall have received evidence of payment by the Borrowers of all accrued and unpaid fees, costs and expenses incurred
prior to or on the Amendment No. 4 Effective Date, including all Attorney Costs of the Administrative Agent incurred prior to or on the
Amendment No. 4 Effective Date; and

 

5.4
all representations and warranties set forth in Section 5 hereof are true and correct.

 

Section
6 Representations and Warranties. To induce the Administrative Agent and the Lenders to execute this Amendment, each
Loan Party hereby represents and warrants to the Administrative Agent and the Lenders as follows:

 

6.1
the execution, delivery and performance of this Amendment by the Loan Parties has been duly authorized, and this Amendment constitutes
the legal, valid and binding obligation of each Loan Party, enforceable against such Loan Party in accordance with its terms, except
as the enforceability may be limited by bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights
generally and to general principles of equity;

 

    5

     

    

 

6.2
the execution, delivery and performance of this Amendment by each Loan Party does not require any consent or approval of any governmental
agency or authority (other than (i) any consent or approval which has been obtained and is in full force and effect, or (ii) where the
failure to obtain such consent would not reasonably be expected to result in a Material Adverse Effect);

 

6.3
after giving effect to this Amendment and the transactions contemplated hereby, each of the representations and warranties of each Loan
Party set forth in the Loan Documents are true and correct in all material respects (unless any such representation or warranty is by
its terms qualified by concepts of materiality, in which case that representation or warranty is true and correct in all respects) with
the same effect as if then made (except to the extent stated to relate to a specific earlier date, in which case that representation
or warranty is true and correct in all material respects or in all respects, as applicable, as of that earlier date); and

 

6.4
after giving effect to this Amendment and the transactions contemplated hereby, no Default or Event of Default has occurred and is continuing
or would result from the execution and effectiveness of this Amendment.

 

Section
7 Ratification and Reaffirmation. Each Loan Party hereby ratifies and confirms the Credit Agreement and each other Loan
Document to which it is a party, each of which shall remain in full force and effect according to their respective terms, as amended
hereby. In connection with the execution and delivery of this Amendment and the other Loan Documents delivered herewith, each Loan Party,
as borrower, debtor, grantor, mortgagor, pledgor, guarantor, assignor, obligor or in other similar capacities in which such Loan Party
grants liens or security interests in its properties or otherwise acts as an accommodation party, guarantor, obligor or indemnitor or
in such other similar capacities, as the case may be, in any case under any Loan Documents, hereby (a) ratifies, reaffirms, confirms
and continues all of its payment and performance and other obligations, including obligations to indemnify, guarantee, act as surety,
or as principal obligor, in each case contingent or otherwise, under each of such Loan Documents to which it is a party, (b) ratifies,
reaffirms, confirms and continues its grant of liens on, or security interests in, and assignments of its properties pursuant to such
Loan Documents to which it is a party as security for the Obligations, and (c) confirms and agrees that such liens and security interests
secure all of the Obligations. Each Loan Party hereby consents to the terms and conditions of the Credit Agreement, as amended hereby.
Each Loan Party acknowledges (i) that each of the Loan Documents to which it is a party remains in full force and effect, (ii) that each
of the Loan Documents to which it is a party is hereby ratified, continued and confirmed, (iii) that any and all obligations of such
Loan Party under any one or more such documents to which it is a party is hereby ratified, continued and reaffirmed, and (iv) that, to
such Loan Party’s knowledge, there exists no offset, counterclaim, deduction or defense to any obligations described in this Section
6. This Amendment shall not constitute a course of dealing with the Administrative Agent or the Lenders at variance with the Credit
Agreement or the other Loan Documents such as to require further notice by the Administrative Agent or the Lenders to require strict
compliance with the terms of the Credit Agreement and the other Loan Documents in the future.

 

    6

     

    

 

Section
8 Miscellaneous.

 

8.1
Signatures; Effect of Amendment. By executing this Amendment, each of the Loan Parties is deemed to have executed the Credit Agreement,
as amended hereby, as a Borrower and a Loan Party (or, in the case of the Holdings Companies and the Guarantors, solely as a Loan Party).
All such Loan Parties, the Administrative Agent, and the Lenders acknowledge and agree that (a) nothing contained in this Amendment in
any manner or respect limits or terminates any of the provisions of the Credit Agreement or any of the other Loan Documents other than
as expressly set forth herein and further agree and acknowledge that the Credit Agreement (as amended hereby) and each of the other Loan
Documents remain and continue in full force and effect and are hereby ratified and confirmed, and (b) other than as expressly set forth
herein, the obligations under the Credit Agreement and the guarantees, pledges and grants of security interests created under or pursuant
to the Credit Agreement and the other Loan Documents continue in full force and effect in accordance with their respective terms and
the Collateral secures and shall continue to secure the Loan Parties’ obligations under the Credit Agreement (as amended hereby)
and any other obligations and liabilities provided for under the Loan Documents. Except to the extent expressly set forth herein, the
execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any rights, power or remedy of the Administrative
Agent or the Lenders under the Credit Agreement or any other Loan Document, nor constitute a waiver of any provision of the Credit Agreement
or any other Loan Document, nor constitute a novation of any of the Obligations under the Credit Agreement or obligations under the Loan
Documents. This Amendment does not extinguish the indebtedness or liabilities outstanding in connection with the Credit Agreement or
any of the other Loan Documents. No delay on the part of the Administrative Agent or any Lender in exercising any of their respective
rights, remedies, powers and privileges under the Credit Agreement or any of the Loan Documents or partial or single exercise thereof,
shall constitute a waiver thereof. None of the terms and conditions of this Amendment may be changed, waived, modified or varied in any
manner, whatsoever, except in accordance with Section 15.1 of the Credit Agreement.

 

8.2
Counterparts. This Amendment may be executed electronically and in any number of counterparts and by the different parties on
separate counterparts, and each such counterpart shall be deemed to be an original, but all such counterparts shall together constitute
but one and the same instrument. Delivery of the executed counterpart of this Amendment by telecopy or electronic mail shall be as effective
as delivery of a manually executed counterpart to this Amendment.

 

8.3
Severability. The illegality or unenforceability of any provision of this Amendment or any instrument or agreement required hereunder
shall not in any way affect or impair the legality or enforceability of the remaining provisions of this Amendment or any instrument
or agreement required hereunder.

 

8.4
Captions. Section captions used in this Amendment are for convenience only, and shall not affect the construction of this Amendment.

 

8.5
Entire Agreement. This Amendment embodies the entire agreement and understanding among the parties hereto and supersedes all prior
or contemporaneous agreements and understandings of such Persons, verbal or written, relating to the subject matter hereof.

 

8.6
References. Any reference to the Credit Agreement contained in any notice, request, certificate, or other document executed concurrently
with or after the execution and delivery of this Amendment shall be deemed to include this Amendment unless the context shall otherwise
require. Reference in any of this Amendment, the Credit Agreement, or any other Loan Document to the Credit Agreement shall be a reference
to the Credit Agreement as amended hereby and as may be further amended, modified, restated, supplemented or extended from time to time.

 

8.7
Governing Law. THIS AMENDMENT IS A CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK APPLICABLE TO
CONTRACTS MADE AND TO BE PERFORMED ENTIRELY WITHIN THAT STATE, WITHOUT REGARD TO CONFLICT-OF-LAWS PRINCIPLES (OTHER THAN SECTIONS 5-1401
AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW).

 

    7

     

    

 

8.8
Payment of Costs and Expenses. Each Loan Party, jointly and severally, agree pursuant to the terms of Section 15.5 of the
Credit Agreement, to pay on demand all reasonable out-of-pocket costs and expenses of the Administrative Agent incurred in connection
with the transactions contemplated hereby (including Attorney Costs and Taxes) in connection with the preparation, execution and delivery
of this Amendment and the other Loan Documents.

 

8.9 Amendment
No. 4 Fee. The Borrowers shall jointly and severally pay to Administrative Agent, for the ratable benefit of the Lenders that
execute this Amendment, an amendment fee (the “Amendment No. 4 Fee”) equal to $375,000. The Amendment No. 4 Fee
is fully earned on the Amendment No. 4 Effective Date. The Amendment No. 4 Fee will be due and payable in full on the Termination
Date. The Amendment No. 4 Fee constitutes compensation for services rendered and does not constitute interest or a charge for the
use of money. The Amendment No. 4 Fee shall not be subject to refund or rebate under any circumstances. The Amendment No. 4 Fee
shall be paid in U.S. dollars in immediately available funds and shall not be subject to reduction by way of setoff, defense or
counterclaim and are in addition to any other fee, cost or expense payable in connection with the Loan Documents.

 

 

[Signatures
Immediately Follow]

 

    8

     

    

 

IN
WITNESS WHEREOF, the undersigned have executed this Amendment as of the date first written above.

 

	BORROWERS:	IT GLOBAL HOLDING
    LLC,
	 	a Delaware limited
    liability company
	 	 
	 	By:	/s/
    Manuel Senderos
	 	Name:	Manuel Senderos Fernández
	 	Title:	President

 

 

	 	4TH
                                            SOURCE LLC,

    a
    Delaware limited liability company

	 	 
	 	By:	/s/
    Manuel Senderos
	 	Name: 	Manuel Senderos Fernández
	 	Title: 	President

 

 

	 	AGILETHOUGHT
                                            LLC,

    a
    Florida limited liability company

	 	 
	 	By:	/s/
    Manuel Senderos
	 	Name:	Manuel Senderos Fernández
	 	Title:	Global Chief Executive Officer

 

 

	 	AN
                                            EVOLUTION, S. DE R.L. DE C.V.,

    a
    sociedad de responsabilidad limitada de capital variable incorporated under the laws of Mexico

	 	 
	 	By:	/s/
    Manuel Senderos
	 	Name:	Manuel Senderos Fernández
	 	Title:	Attorney-in-Fact

 

	 	By:	/s/
    Mauricio Garduño González Elizondo
	 	Name:	Mauricio Garduño González
    Elizondo
	 	Title:	Attorney-in-Fact

 

 

Signature
page to Fourth Amendment

 

    9

     

    

 

	 	AN
                                            EXTEND, S.A. DE C.V.,

    a
    sociedad anonima de capital variable incorporated under the laws of Mexico

	 	 
	 	By:	/s/
    Manuel Senderos
	 	Name:	Manuel Senderos Fernández
	 	Title:	Attorney-in-Fact

 

	 	By:	/s/
    Mauricio Garduño González Elizondo 
	 	Name:	Mauricio Garduño González
    Elizondo
	 	Title:	Attorney-in-Fact

 

 

	HOLDINGS
                                 COMPANIES:
	AN
                                            GLOBAL LLC,

    a
    Delaware limited liability company

	 	 
	 	By:	/s/
    Manuel Senderos
	 	Name:	Manuel Senderos Fernández
	 	Title:	President

 

 

	 	AGILETHOUGHT,
                                            INC. (f/k/a AN GLOBAL INC.),

    a
    Delaware corporation

	 	 
	 	By:	/s/
    Manuel Senderos
	 	Name:	Manuel Senderos Fernández
	 	Title:	President

 

 

Signature
page to Fourth Amendment

 

    10

     

    

 

	ADMINISTRATIVE AGENT:	MONROE
CAPITAL MANAGEMENT ADVISORS, LLC, 

as Administrative Agent

	 	 
	 	By:	/s/
    Jeffrey Cupples
	 	Name:	Jeffrey Cupples
	 	Title:	Managing Director

 

 

Signature
page to Fourth Amendment

 

    11

     

    

 

	LENDER:	MONROE
                                            CAPITAL CORPORATION,

    in
    its capacity as a Lender

	 	 
	 	By:	/s/
    Jeffrey Cupples
	 	Name:	Jeffrey Cupples
	 	Title:	Managing Director

 

 

Signature
page to Fourth Amendment

 

    12

     

    

 

	LENDER:	MONROE
                                                                                                                                                              CAPITAL FUND MARSUPIAL (LUX) FINANCING HOLDCO LP,

 in its capacity as a Lender

	 	 
	 	By:
Monroe Capital Management Advisors LLC, 

as Investment Manager

 

	 	By:	/s/
                                           Jeffrey Cupples
	 	Name:	Jeffrey
                                           Cupples
	 	Title:	Managing
                                           Director

 

Signature
page to Fourth Amendment

 

    13

     

    

 

	LENDER:	MONROE
CAPITAL FUND MARSUPIAL (LUX) FINANCING SPV LP, 

in its capacity as a Lender

	 	

	 	By:
                                           Monroe Capital Fund Marsupial (Lux) Financing GP LLC, 

its General Partner
	 	 
	 	By:
                                           Monroe Capital Management Advisors LLC, 

as Designated Manager

 

	 	By:	/s/
                                           Jeffrey Cupples
	 	Name:	Jeffrey
                                           Cupples
	 	Title:	Managing
                                           Director

 

Signature
page to Fourth Amendment

 

    14

     

    

 

	LENDER:	MONROE
                                                                                    CAPITAL FUND SV S.A.R.L., acting in respect of its Fund III (Unleveraged) Compartment, 

in its capacity as a Lender

	 	 
	 	By:
                                           Monroe Capital Management Advisors LLC, 

as Investment Manager

 

	 	By:	/s/
                                           Jeffrey Cupples
	 	Name:	Jeffrey
                                           Cupples
	 	Title:	Managing
                                           Director

 

Signature
page to Fourth Amendment

 

    15

     

    

 

	LENDER:	MONROE
CAPITAL MML CLO 2017-1, LTD., 

in its capacity as a Lender

	 	 
	 	By: Monroe Capital Management
    LLC, 

as Asset Manager and Attorney-in Fact

 

	 	By:	/s/
    Jeffrey Williams
	 	Name:	Jeffrey Williams
	 	Title:	Managing Director

 

Signature
page to Fourth Amendment

 

    16

     

    

 

	LENDER:	MONROE
CAPITAL MML CLO VI, LTD., 

in its capacity as a Lender

	 	 
	 	By: Monroe Capital
    Asset Management LLC, 

as Asset Manager and Attorney-in-fact
	 	 
	 	By:	/s/
    Jeffrey Williams
	 	Name:	Jeffrey Williams
	 	Title:	Managing Director

 

Signature
page to Fourth Amendment

 

    17

     

    

 

	LENDER:	MONROE
CAPITAL MML CLO VII, LTD.,

 in its capacity as a Lender

	 	 
	 	By: Monroe Capital
    Asset Management LLC, 

as Asset Manager and Attorney-in-fact
	 	 
	 	By:	/s/
    Jeffrey Williams
	 	Name:	Jeffrey Williams
	 	Title:	Managing Director

 

Signature
page to Fourth Amendment

 

    18

     

    

 

	LENDER:	MONROE
CAPITAL MML CLO VIII, LTD.,

in its capacity as a Lender

	 	 
	 	By: Monroe Capital
    Asset Management LLC, 

as Asset Manager and Attorney-in-fact
	 	 
	 	By: 	/s/
    Jeffrey Williams
	 	Name:	Jeffrey Williams
	 	Title:	Managing Director

 

Signature
page to Fourth Amendment

 

    19

     

    

 

	LENDER:	MONROE
CAPITAL PARTNERS FUND II, LP, 

in its capacity as a Lender

	 	 
	 	By:
                                            Monroe Capital Partners Fund II, LLC, 

its general partner

	 	 
	 	By: 	/s/
    Jeffrey Cupples
	 	Name:	Jeffrey Cupples
	 	Title:	Managing Director

 

Signature
page to Fourth Amendment

 

    20

     

    

 

	LENDER:	MONROE
CAPITAL PRIVATE CREDIT FUND I LP, 

in its capacity as a Lender

	 	 
	 	By:
                                            Monroe Capital Private Credit Fund I LLC, 

its general partner

	 	 
	 	By: 	/s/
    Jeffrey Cupples
	 	Name:	Jeffrey Cupples
	 	Title:	Managing Director

 

Signature
page to Fourth Amendment

 

    21

     

    

 

	LENDER:	MONROE
CAPITAL PRIVATE CREDIT FUND II (UNLEVERAGED OFFSHORE) LP,

                                                                                in
                                            its capacity as a Lender

	 	 
	 	By:
                                            Monroe Capital Private Credit Fund II LLC, 

its general partner
	 	 
	 	By:	/s/
                                           Jeffrey Cupples
	 	Name:	Jeffrey
                                           Cupples
	 	Title:	Managing
                                           Director

 

Signature
page to Fourth Amendment

 

    22

     

    

 

	LENDER:	MONROE
CAPITAL PRIVATE CREDIT FUND II (UNLEVERAGED) LP, 

in its capacity as a Lender

	 	 
	 	By:
                                            Monroe Capital Private Credit Fund II LLC, 

its general partner
	 	 
	 	By:	/s/
                                           Jeffrey Cupples
	 	Name:	Jeffrey
                                           Cupples
	 	Title:	Managing
                                           Director

 

Signature
page to Fourth Amendment

 

    23

     

    

 

	LENDER:	MONROE
CAPITAL PRIVATE CREDIT FUND II FINANCING SPV LLC, 

in its capacity as a Lender

	 	 
	 	By:

Monroe Capital Private Credit Fund II LP, 

as Designated Manager
	 	 
	 	By:
Monroe Capital Private Credit Fund II LLC, 

its general partner
	 	 
	 	By:	/s/
                                           Jeffrey Cupples
	 	Name:	Jeffrey
                                           Cupples
	 	Title:	Managing
                                           Director

 

Signature
page to Fourth Amendment

 

    24

     

    

 

	LENDER:	MONROE
CAPITAL PRIVATE CREDIT FUND II LP, 

in its capacity as a Lender

	 	 
	 	By:
Monroe Capital Private Credit Fund II LLC, 

its general partner
	 	 
	 	By:	/s/
                                           Jeffrey Cupples
	 	Name:	Jeffrey
                                           Cupples
	 	Title:	Managing
                                           Director

 

Signature
page to Fourth Amendment

 

    25

     

    

 

	LENDER:	MONROE
CAPITAL PRIVATE CREDIT FUND III (LUX) FINANCING HOLDCO LP, 

in its capacity as a Lender

	 	 
	 	By:
Monroe Capital Private Credit Fund III (Lux) Financing Holdco GP LLC, 

its General Partner
	 	 
	 	By:
Monroe Capital Management Advisors LLC, 

as Manager
	 	 
	 	By:	/s/
                                           Jeffrey Cupples
	 	Name:	Jeffrey
                                           Cupples
	 	Title:	Managing
                                           Director

 

Signature
page to Fourth Amendment

 

    26

     

    

 

	LENDER:	MONROE
CAPITAL PRIVATE CREDIT FUND III (LUX) FINANCING SPV 2020 LP, 

in its capacity as a Lender

	 	 
	 	By:
Monroe Capital Private Credit Fund III (Lux) Financing SPV GP LLC, 

its General Partner
	 	 
	 	By:
Monroe Capital Management Advisors LLC, 

as Manager
	 	 
	 	By:	/s/
                                           Jeffrey Cupples
	 	Name:	Jeffrey
                                           Cupples
	 	Title:	Managing
                                           Director

 

Signature
page to Fourth Amendment

 

    27

     

    

 

	LENDER:	MONROE
CAPITAL PRIVATE CREDIT FUND III (UNLEVERAGED) LP,

in its capacity as a Lender

	 	 
	 	By:
Monroe Capital Private Credit Fund III LLC, 

its general partner
	 	 
	 	By:	/s/
                                           Jeffrey Cupples
	 	Name:	Jeffrey
                                           Cupples
	 	Title:	Managing
                                           Director

 

Signature
page to Fourth Amendment

 

    28

     

    

 

	LENDER:	MONROE
CAPITAL PRIVATE CREDIT FUND III FINANCING SPV LLC, 

in its capacity as a Lender

	 	 
	 	By:
Monroe Capital Private Credit Fund III LP, 

as Designated Manager
	 	 
	 	By:
Monroe Capital Private Credit Fund III LLC, 

its general partner
	 	 
	 	By:	/s/
                                           Jeffrey Cupples
	 	Name:	Jeffrey
                                           Cupples
	 	Title:	Managing
                                           Director

 

Signature
page to Fourth Amendment

 

    29

     

    

 

	LENDER:	MONROE
CAPITAL PRIVATE CREDIT FUND III LP, 

in its capacity as a Lender

	 	 
	 	By:
Monroe Capital Private Credit Fund III LLC, 

its general partner
	 	 
	 	By:	/s/
                                           Jeffrey Cupples
	 	Name:	Jeffrey
                                           Cupples
	 	Title:	Managing
                                           Director

 

Signature
page to Fourth Amendment

 

    30

     

    

 

	LENDER:	MONROE
CAPITAL PRIVATE CREDIT FUND II-O (UNLEVERAGED OFFSHORE) LP,

                                                                                                                                                                          in
its capacity as a Lender

	 	 
	 	By:
Monroe Capital Private Credit Fund II LLC, 

its general partner
	 	 
	 	By:	/s/
                                           Jeffrey Cupples
	 	Name:	Jeffrey
                                           Cupples
	 	Title:	Managing
                                           Director

 

Signature
page to Fourth Amendment

 

    31

     

    

 

	LENDER:	MONROE
PRIVATE CREDIT FUND A LP, 

in its capacity as a Lender

	 	 
	 	By:
Monroe Private Credit Fund A LLC, 

its general partner
	 	 
	 	By:	/s/
                                           Jeffrey Cupples
	 	Name:	Jeffrey
                                           Cupples
	 	Title:	Managing
                                           Director

 

Signature
page to Fourth Amendment

 

    32

     

    

 

	LENDER:	MONROE
PRIVATE CREDIT FUND A FINANCING SPV LLC,

in its capacity as a Lender

	 	 
	 	By:
Monroe Private Credit Fund A LP, 

as its Designated Manager
	 	 
	 	By:
Monroe Private Credit Fund A LLC, 

its general partner
	 	 
	 	By:	/s/
                                           Jeffrey Cupples
	 	Name:	Jeffrey
                                           Cupples
	 	Title:	Managing
                                           Director

 

Signature
page to Fourth Amendment

 

    33Exhibit 10.8.5

 

FIFTH AMENDMENT TO AMENDED AND RESTATED CREDIT
AGREEMENT

 

This FIFTH AMENDMENT TO AMENDED
AND RESTATED CREDIT AGREEMENT (this “Amendment”), dated as of June 24, 2021, is entered into by and among IT GLOBAL
HOLDING LLC, a Delaware limited liability company (“IT Global”), 4TH SOURCE LLC a Delaware limited liability company
(“4th Source”), AGILETHOUGHT, LLC, a Florida limited liability company (“AgileThought”), AN EXTEND,
S.A. de C.V., a sociedad anonima de capital variable incorporated under the laws of Mexico (“AN Extend”), AN
EVOLUTION S. DE R.L. DE C.V., a sociedad de responsabilidad limitada de capital variable incorporated under the laws of
Mexico (“AN Evolution,” and together with IT Global, 4th Source, AgileThought, and AN Extend, each a “Borrower”
and collectively, the “Borrowers”), AN GLOBAL LLC, a Delaware limited liability company (“Intermediate Holdings”),
AGILETHOUGHT, INC. (f/k/a AN GLOBAL INC.), a Delaware corporation (“Ultimate Holdings” and together with Intermediate
Holdings, the “Holdings Companies”), the financial institutions party hereto as lenders (together with their respective
successors and assigns, the “Lenders”), and MONROE CAPITAL MANAGEMENT ADVISORS, LLC, a Delaware limited liability company
(“Monroe Capital”), as Administrative Agent for the Lenders (the “Administrative Agent”).

 

recitals

 

WHEREAS, Borrowers, Holdings
Companies, the Lenders party thereto, and the Administrative Agent are parties to that certain Amended and Restated Credit Agreement,
dated as of July 18, 2019 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”);

 

WHEREAS, the Borrowers and
Holdings Companies now desire that the Administrative Agent and the Lenders permit it to incur certain indebtedness and to agree to make
certain amendments to the Credit Agreement; and

 

WHEREAS, the Administrative
Agent and the Lenders have agreed to do so, but only on the terms and conditions set forth herein;

 

NOW, THEREFORE, in consideration
of the matters set forth in the above Recitals and the covenants and provisions herein set forth, and other valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

 

AGREEMENT

 

Section 1. Amendments to
Credit Agreement. Subject to the effectiveness of this Amendment, including, without limitation, the satisfaction of the conditions
of effectiveness set forth in Section 5 below, on the Amendment No. 5 Effective Date (as defined below), the Credit Agreement is
hereby amended as follows:

 

1.1 Section 1.1 of the
Credit Agreement is hereby amended and restated to add the following new defined terms in appropriate alphabetical order:

 

“Amendment No. 5 Effective Date”
is defined in the Fifth Amendment.

 

“Fifth Amendment” shall
mean that certain Fifth Amendment to Amended and Restated Credit Agreement dated as of June 24, 2021.

 

“Fifth Amendment Fee”
has the meaning assigned to it in the Fifth Amendment.

 

     

     

    

 

“Permitted Investor Debt”
shall mean all indebtedness incurred under the Investor Subordinated Debt Promissory Note, in a maximum aggregate amount not to exceed
$8,000,000 at any time.

 

“Investor Debt Noteholder”
shall mean AGS Group, LLC.

 

“Investor Debt Promissory Note”
shall mean that certain Subordinated Promissory Note, dated as of and as in effect on the Amendment No. 5 Effective Date, by and between
Ultimate Holdings and the Investor Debt Noteholder, as amended, modified or supplemented from time to time solely with the consent of
the Administrative Agent, in its discretion.

 

“Permitted Investor Debt Payments”
shall mean, solely as long as the Payment Conditions are met with respect thereto, the payment to the Investor Debt Noteholder of (a)
regularly scheduled interest payments, as and when due and payable under the Investor Debt Promissory Note, and (b) solely on or after
January 1, 2022, regularly scheduled payments of principal of the Permitted Investor Debt (for the avoidance of doubt, excluding any prepayments),
as and when due and payable under the Investor Debt Promissory Note.

 

“Permitted Investor Debt Subordination
Agreement” shall mean that certain Subordination Agreement by and between the Administrative Agent and the Investor Debt Noteholder,
as in effect on the date hereof or as amended, modified, supplemented or restated in accordance therewith.

 

1.2 Clause (a) of the definition
of “Debt” in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety as follows:

 

(a) all indebtedness of such Person for
borrowed money, including, without limitation, the Second Lien Debt and all Subordinated Debt,

 

1.3 The definition of “EBITDA”
in Section 1.1 of the Credit Agreement is hereby amended by adding the following clause (k) immediately after clause (j) thereof:

 

(k) the actual amount of reasonable and
documented out-of-pocket fees, costs and expenses paid thereby during such period in connection with the SPAC Transaction, in an aggregate
amount not to exceed, for all Loan Parties and their Subsidiaries, $15,800,000;

 

1.4 The definition of “Fixed
Charges” in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety as follows:

 

“Fixed Charges”
means, for the Consolidated Group determined on a consolidated basis in accordance with GAAP for any Computation Period, the sum of,
without duplication, (a) cash Interest Expense thereof in such Computation Period, plus (b) scheduled principal payments of Debt
thereof (including (i) the Loans, (ii) the Second Lien Debt to the extent any such payments thereof would constitute Permitted
Second Lien Debt Payments, (iii) scheduled principal payments of, and any interest and fees actually paid in such Computation Period
with respect to, the Permitted Investor Debt, and (iv) any Earn-out Obligations, including, without limitation, all Permitted
Earn-out Obligations (other than the Permitted Earn-out Obligations paid out of funds on deposit in the Segregated Account), but
excluding (x) the Revolving Loans, (y) scheduled payments of principal required to paid pursuant to Section 6.4.2 hereof during the
Modified Amortization Period in such Computation Period, and (z) the Fifth Amendment Fee; provided that, for the avoidance of
doubt, any Permitted Earn-out Obligation shall be excluded from Fixed Charges to the extent that, as of any date of determination,
the Payment Conditions with respect to such Permitted Earn-Out Obligation are not satisfied as of such date (after giving pro
forma effect to such payment).

 

    2

     

    

 

1.5 The definition of “Payment
Conditions” in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety as follows:

 

“Payment Conditions”
means, with respect to any Permitted Investor Debt Payment or Permitted Earn-out Payment, that (a) no Event of Default has occurred and
is continuing or would be caused by the making thereof, and (b) after giving pro forma effect to that payment, (i) Liquidity exceeds
$5,000,000 and (ii) as of the last day of the most recently ended Computation Period for which financial statements have been delivered
(or were required to be delivered) to Administrative Agent under and in accordance with Section 10.1.2, the Consolidated Group
shall be in pro forma compliance with the financial covenants set forth in Section 11.12 for the most recently concluded
Computation Period

 

1.6 The definition of “Subordinated
Debt” in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety as follows

 

“Subordinated Debt”
means, collectively, any unsecured Debt of Loan Parties and their Subsidiaries which is subject to a Subordination Agreement, including,
without limitation, the Permitted Investor Debt.

 

1.7 The definition of “Subordination
Agreement” in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety as follows

 

“Subordination Agreement”
means, collectively, (a) the Permitted Investor Debt Subordination Agreement, (b) the subordination terms and covenants set forth in the
Master Intercompany Note, and (c) any other subordination agreement or terms and covenants set forth in documents evidencing Subordinated
Debt that are executed by a holder of Subordinated Debt in favor of Administrative Agent and the Lenders from time to time on or after
the Closing Date, in the cases of clauses (a) , (b), and (c) in form and substance and on terms and conditions satisfactory
to Administrative Agent in its discretion

 

1.8 The definition of “Total
Leverage Ratio” in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety as follows:

 

“Total Leverage Ratio”
means, for the Consolidated Group determined on a consolidated basis in accordance with GAAP as of the last day of any Computation Period,
the ratio of (a) Total Debt (excluding any the Permitted Investor Debt, Permitted Earn-out Obligations and the Fifth Amendment
Fee) thereof as of such day, to (b) EBITDA thereof for the Computation Period ending on such day

 

    3

     

    

 

1.9 Section 6.4.2 of
the Credit Agreement is hereby amended and restated in its entirety as follows:

 

Term Loans. Borrowers shall
repay the aggregate outstanding principal amount of the Term Loans (including, without limitation, the Existing Term Loans, the
Closing Date Term Loans, and any Incremental Term Loans) (a) in consecutive quarterly installments equal to the Scheduled Term Loan
Payment Amount on the last Business Day of each of March, June, September and December commencing on September 30, 2019 (other than
for the six consecutive months ending February 28, 2021 through and including July 31, 2021 (the “Modified Amortization
Period”) which shall amortize as set forth in clause (b)), (b) in six consecutive monthly installments equal to $1,000,000
each month on the last Business Day of each of calendar month during the Modified Amortization Period (provided that, upon prior
written notice to the Administrative Agent, the Borrowers may elect to pay such monthly installments for the months ending April 30,
2021, May 31, 2021, June 30, 2021 and July 31, 2021 concurrently with the monthly installment for the month ending September 30,
2021), and (c) a final installment equal to the remaining outstanding principal balance of the Term Loans, payable on the
Termination Date. Unless sooner paid in full, the outstanding principal balance of the Term Loans must be paid in full on the
Termination Date.

 

1.10 Clause (e) in Section
11.1 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:

 

(i) Permitted Earn-out Obligations, and
(ii) Subordinated Debt (for avoidance of doubt, other than any Second Lien Debt and the Permitted Earn-out Obligations, but including
all Permitted Investor Debt) incurred after the Closing Date in an aggregate outstanding amount for all Loan Parties and their Subsidiaries
not to exceed $8,000,000 at any time, so long as such Subordinated Debt is subject to a Subordination Agreement;

 

1.11 Clause (vi) of Section
11.3 of the Credit Agreement is hereby amended and restated in its entirety as follows:

 

(vi) (x) any Loan Party may make the Permitted
Second Lien Debt Payments and Ultimate Holdings may make the Permitted Investor Debt Payments, (y) any Loan Party may, with respect to
Subordinated Debt other than the Second Lien Debt and the Permitted Investor Debt, make payments thereof to the extent expressly permitted
under the applicable Subordination Agreement, and (z) the issuance of Second Lien Equity Interests and the issuance of common shares of
Ultimate Holdings upon the exercise thereof.

 

1.12 Section 11.6 of
the Credit Agreement is hereby amended and restated in its entirety as follows:

 

Transactions with Affiliates. Not,
and not permit any Loan Party or Subsidiary thereof to, enter into, or cause, suffer or permit to exist any transaction, arrangement or
contract with any Affiliate, other than the Second Lien Documents and the Investor Debt Promissory Note, and, to the extent also permitted
under the Second Lien Loan Documents, (a) those set forth on Schedule 11.6, (b) those permitted by Sections 11.3, 11.4(i),
and 11.9, to the extent so permitted, (c) loans from AN Extend to IT Global Holding LLC, made solely with the proceeds of loans
made under the Second Lien Loan Agreement, (d) the Second Lien Equity Interests, and (e) such other transactions, arrangements and contracts
that are on terms which are no less favorable to the Loan Parties than are obtainable from any Person which is not an Affiliate.

 

    4

     

    

 

1.13 Section 11.12.1
of the Credit Agreement is hereby deleted in its entirety and replaced with the following:

 

11.12.1 Fixed Charge Coverage Ratio.
Permit the Fixed Charge Coverage Ratio of the Consolidated Group for any Computation Period to be less than the applicable ratio set forth
below for such Computation Period:

 

	Computation Period Ending	 	Fixed Charge Coverage
	June 30, 2019	 	1.15:1.00
	September 30, 2019	 	1.15:1.00
	December 31, 2019	 	1.20:1.00
	March 31, 2020, June 30, 2020, and September 30, 2020	 	1.25:1.00
	December 31, 2020	 	1.15:1.00
	March 31, 2021	 	1.10:1.00
	June 30, 2021	 	0.65:1.00
	September 30, 2021	 	0.75:1.00
	December 31, 2021 and each Computation Period ending thereafter	 	1.25:1.00

 

1.14 Section 11.12.2
of the Credit Agreement is hereby deleted in its entirety and replaced with the following:

 

11.12.1 Total Leverage Ratio. Permit
the Total Leverage Ratio of the Consolidated Group for any Computation Period to exceed the applicable ratio set forth below for such
Computation Period:

 

	Computation Period Ending	 	Total Leverage Ratio
	June 30, 2019	 	3.75:1.00
	September 30, 2019	 	3.50:1.00
	December 31, 2019	 	3.50:1.00
	March 31, 2020	 	3.25:1.00
	June 30, 2020	 	3.00:1.00
	September 30, 2020	 	3.50:1.00
	December 31, 2020	 	5.40:1.00
	March 31, 2021	 	5.25:1.00
	June 30, 2021	 	8.00:1.00
	September 30, 2021	 	6.50:1.00
	December 31, 2021	 	4.00:1.00
	March 31, 2022 and each Computation Period ending thereafter	 	3.00:1.00

 

Section 2. [Intentionally
Omitted].

 

Section 3. [Intentionally
Omitted].

 

Section 4. Definitions.
All capitalized term used herein and not otherwise defined herein shall have the meanings given to them in the Credit Agreement as amended
hereby.

 

    5

     

    

 

Section 5. Conditions
Precedent to Effectiveness of Amendment. This Amendment shall become effective upon the satisfaction of each of the following
conditions (the date on which all such conditions precedent have been satisfied, the “Amendment No. 5 Effective
Date”):

 

5.1 Administrative Agent shall
have received a copy of this Amendment signed by the Loan Parties, the Administrative Agent and the Required Lenders;

 

5.2 Administrative Agent shall
have received (a) a fully executed copy of the Fourth Amendment to First Amended and Restated Credit Agreement, dated as of the date of
this Amendment, amending the Second Lien Loan Agreement in form and substance satisfactory to the Administrative Agent, and (b) a fully
executed copy of the Permitted Investor Debt Subordination Agreement;

 

5.3 Administrative Agent shall
have received evidence of payment by the Borrowers of all accrued and unpaid fees, costs and expenses incurred prior to or on the Amendment
No. 5 Effective Date, including all Attorney Costs of the Administrative Agent incurred prior to or on the Amendment No. 5 Effective Date;
and

 

5.4 all representations and
warranties set forth in Section 5 hereof are true and correct

 

Section 6. Representations
and Warranties. To induce the Administrative Agent and the Lenders to execute this Amendment, each Loan Party hereby represents and
warrants to the Administrative Agent and the Lenders as follows:

 

6.1 the execution, delivery
and performance of this Amendment by the Loan Parties has been duly authorized, and this Amendment constitutes the legal, valid and binding
obligation of each Loan Party, enforceable against such Loan Party in accordance with its terms, except as the enforceability may be limited
by bankruptcy, insolvency and similar laws affecting the enforceability of creditors’ rights generally and to general principles
of equity;

 

6.2 the execution, delivery
and performance of this Amendment by each Loan Party does not require any consent or approval of any governmental agency or authority
(other than (i) any consent or approval which has been obtained and is in full force and effect, or (ii) where the failure to obtain such
consent would not reasonably be expected to result in a Material Adverse Effect);

 

6.3 after giving effect to this
Amendment and the transactions contemplated hereby, each of the representations and warranties of each Loan Party set forth in the Loan
Documents are true and correct in all material respects (unless any such representation or warranty is by its terms qualified by concepts
of materiality, in which case that representation or warranty is true and correct in all respects) with the same effect as if then made
(except to the extent stated to relate to a specific earlier date, in which case that representation or warranty is true and correct in
all material respects or in all respects, as applicable, as of that earlier date); and

 

6.4 after giving effect to this
Amendment and the transactions contemplated hereby, no Default or Event of Default has occurred and is continuing or would result from
the execution and effectiveness of this Amendment.

 

    6

     

    

 

Section 7. Ratification
and Reaffirmation. Each Loan Party hereby ratifies and confirms the Credit Agreement and each other Loan Document to which it is a
party, each of which shall remain in full force and effect according to their respective terms, as amended hereby. In connection with
the execution and delivery of this Amendment and the other Loan Documents delivered herewith, each Loan Party, as borrower, debtor, grantor,
mortgagor, pledgor, guarantor, assignor, obligor or in other similar capacities in

 

which such Loan Party grants liens or security
interests in its properties or otherwise acts as an accommodation party, guarantor, obligor or indemnitor or in such other similar capacities,
as the case may be, in any case under any Loan Documents, hereby (a) ratifies, reaffirms, confirms and continues all of its payment and
performance and other obligations, including obligations to indemnify, guarantee, act as surety, or as principal obligor, in each case
contingent or otherwise, under each of such Loan Documents to which it is a party, (b) ratifies, reaffirms, confirms and continues its
grant of liens on, or security interests in, and assignments of its properties pursuant to such Loan Documents to which it is a party
as security for the Obligations, and (c) confirms and agrees that such liens and security interests secure all of the Obligations. Each
Loan Party hereby consents to the terms and conditions of the Credit Agreement, as amended hereby. Each Loan Party acknowledges (i) that
each of the Loan Documents to which it is a party remains in full force and effect, (ii) that each of the Loan Documents to which it is
a party is hereby ratified, continued and confirmed, (iii) that any and all obligations of such Loan Party under any one or more such
documents to which it is a party is hereby ratified, continued and reaffirmed, and (iv) that, to such Loan Party’s knowledge, there
exists no offset, counterclaim, deduction or defense to any obligations described in this Section 6. This Amendment shall not constitute
a course of dealing with the Administrative Agent or the Lenders at variance with the Credit Agreement or the other Loan Documents such
as to require further notice by the Administrative Agent or the Lenders to require strict compliance with the terms of the Credit Agreement
and the other Loan Documents in the future.

 

Section 8. Fees. As
consideration for, inter alia, the entry into this Amendment as well as prior amendments to the Credit Agreement, the Borrowers
agree to pay on a joint and several basis to the Administrative Agent, for the account of the Lenders, a fee equal to $4,000,000 (the
“Fifth Amendment Fee”). The Fifth Amendment shall be fully earned as of the date hereof and shall be due and payable
on the Termination Date.

 

Section 9. Miscellaneous.

 

9.1 Signatures; Effect of
Amendment. By executing this Amendment, each of the Loan Parties is deemed to have executed the Credit Agreement, as amended hereby,
as a Borrower and a Loan Party (or, in the case of the Holdings Companies and the Guarantors, solely as a Loan Party). All such Loan Parties,
the Administrative Agent, and the Lenders acknowledge and agree that (a) nothing contained in this Amendment in any manner or respect
limits or terminates any of the provisions of the Credit Agreement or any of the other Loan Documents other than as expressly set forth
herein and further agree and acknowledge that the Credit Agreement (as amended hereby) and each of the other Loan Documents remain and
continue in full force and effect and are hereby ratified and confirmed, and (b) other than as expressly set forth herein, the obligations
under the Credit Agreement and the guarantees, pledges and grants of security interests created under or pursuant to the Credit Agreement
and the other Loan Documents continue in full force and effect in accordance with their respective terms and the Collateral secures and
shall continue to secure the Loan Parties’ obligations under the Credit Agreement (as amended hereby) and any other obligations
and liabilities provided for under the Loan Documents. Except to the extent expressly set forth herein, the execution, delivery and effectiveness
of this Amendment shall not operate as a waiver of any rights, power or remedy of the Administrative Agent or the Lenders under the Credit
Agreement or any other Loan Document, nor constitute a waiver of any provision of the Credit Agreement or any other Loan Document, nor
constitute a novation of any of the Obligations under the Credit Agreement or obligations under the Loan Documents. This Amendment does
not extinguish the indebtedness or liabilities outstanding in connection with the Credit Agreement or any of the other Loan Documents.
No delay on the part of the Administrative Agent or any Lender in exercising any of their respective rights, remedies, powers and privileges
under the Credit Agreement or any of the Loan Documents or partial or single exercise thereof, shall constitute a waiver thereof. None
of the terms and conditions of this Amendment may be changed, waived, modified or varied in any manner, whatsoever, except in accordance
with Section 15.1 of the Credit Agreement.

 

    7

     

    

 

9.2 Counterparts. This
Amendment may be executed electronically and in any number of counterparts and by the different parties on separate counterparts, and
each such counterpart shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.
Delivery of the executed counterpart of this Amendment by telecopy or electronic mail shall be as effective as delivery of a manually
executed counterpart to this Amendment.

 

9.3 Severability. The
illegality or unenforceability of any provision of this Amendment or any instrument or agreement required hereunder shall not in any way
affect or impair the legality or enforceability of the remaining provisions of this Amendment or any instrument or agreement required
hereunder.

 

9.4 Captions. Section
captions used in this Amendment are for convenience only, and shall not affect the construction of this Amendment.

 

9.5 Entire Agreement.
This Amendment embodies the entire agreement and understanding among the parties hereto and supersedes all prior or contemporaneous agreements
and understandings of such Persons, verbal or written, relating to the subject matter hereof.

 

9.6 References. Any reference
to the Credit Agreement contained in any notice, request, certificate, or other document executed concurrently with or after the execution
and delivery of this Amendment shall be deemed to include this Amendment unless the context shall otherwise require. Reference in any
of this Amendment, the Credit Agreement, or any other Loan Document to the Credit Agreement shall be a reference to the Credit Agreement
as amended hereby and as may be further amended, modified, restated, supplemented or extended from time to time.

 

9.7 Governing Law. THIS
AMENDMENT IS A CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND TO BE PERFORMED
ENTIRELY WITHIN THAT STATE, WITHOUT REGARD TO CONFLICT-OF-LAWS PRINCIPLES (OTHER THAN SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK GENERAL
OBLIGATIONS LAW).

 

9.8 Payment of Costs and
Expenses. Each Loan Party, jointly and severally, agree pursuant to the terms of Section 15.5 of the Credit Agreement, to pay
on demand all reasonable out-of-pocket costs and expenses of the Administrative Agent incurred in connection with the transactions contemplated
hereby (including Attorney Costs and Taxes) in connection with the preparation, execution and delivery of this Amendment and the other
Loan Documents.

 

[Signatures Immediately Follow]

 

    8

     

    

 

IN WITNESS WHEREOF, the undersigned
have executed this Amendment as of the date first written above.

 

	BORROWERS:	IT GLOBAL HOLDING LLC,
	 	a Delaware limited liability company
	 	 
	 	By:	/s/ Manuel Senderos Fernández
	 	Name:	Manuel Senderos Fernández
	 	Title:	President
	 	 
	 	4TH SOURCE, LLC
	 	a Delaware limited liability company
	 	 
	 	By:	/s/ Manuel Senderos Fernández
	 	Name:	Manuel Senderos Fernández
	 	Title:	President
	 	 
	 	AGILETHOUGHT, LLC
	 	a Florida limited liability company
	 	 
	 	By:	 /s/ Manuel Senderos Fernández
	 	Name:	Manuel Senderos Fernández
	 	Title:	Global Chief Executive Officer
	 	 
	 	AN EVOLUTION, S. DE R.L. DE C.V.
	 	a sociedad de responsabilidad limitada de
	 	capital variable incorporated under the laws
	 	of Mexico
	 	 
	 	By:	/s/ Manuel Senderos Fernández
	 	Name:	Manuel Senderos Fernández
	 	Title:	Attorney-in-Fact
	 	 
	 	By:	/s/ Mauricio Garduño González Elizondo
	 	Name:	 Mauricio Garduño González Elizondo
	 	Title:	Attorney-in-Fact

 

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	 	AN EXTEND, S.A. DE C.V.
	 	a sociedad anonima de capital variable
	 	incorporated under the laws of Mexico
	 	 
	 	By:	/s/ Manuel Senderos Fernández
	 	Name:	Manuel Senderos Fernández
	 	Title: Attorney-in-Fact
	 	 
	 	By:	/s/ Mauricio Garduño González Elizondo
	 	Name:	 Mauricio Garduño González Elizondo
	 	Title:	Attorney-in-Fact
	 	 
	HOLDINGS COMPANIES:	AN GLOBAL LLC,
	 	a Delaware limited liability company
	 	 
	 	By:	/s/ Manuel Senderos Fernández
	 	Name:	 Manuel Senderos Fernández
	 	Title:	President
	 	 
	 	AGILETHOUGHT, LLC (f/k/a AN GLOBAL INC.),
	 	a Delaware corporation
	 	 
	 	By:	/s/ Manuel Senderos Fernández
	 	Name:	Manuel Senderos Fernández
	 	Title:	President

 

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	ADMINISTRATIVE AGENT:	MONROE CAPITAL MANAGEMENT
	 	ADVISORS, LLC, as Administrative Agent
	 	 
	 	By:	 /s/ Jeffrey Cupples
	 	Name:	Jeffrey Cupples
	 	Title:	Managing Director

  

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	LENDER:	MONROE CAPITAL CORPORATION
	 	in its capacity as a Lender
	 	 
	 	By:	 /s/ Jeffrey Cupples
	 	Name:	 Jeffrey Cupples
	 	Title:	Managing Director

 

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	LENDER:	MONROE CAPITAL FUND MARSUPIAL 
	 	(LUX) FINANCING HOLDCO LP,
	 	in its capacity as a Lender
	 	 
	 	By: Monroe Capital Management Advisors LLC, as Investment Manager
	 	 
	 	By:	/s/ Jeffrey Cupples
	 	Name:	Jeffrey Cupples
	 	Title:	Managing Director

 

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	LENDER:	MONROE CAPITAL FUND MARSUPIAL 
	 	(LUX) FINANCING SPV LP,
	 	in its capacity as a Lender
	 	 
	 	By: Monroe Capital Fund Marsupial (Lux)
	 	Financing GP LLC, its General Partner
	 	 
	 	By: Monroe Capital Management Advisors 
	 	LLC, as Designated Manager
	 	 
	 	By:	 /s/ Jeffrey Cupples
	 	Name:	Jeffrey Cupples
	 	Title:	 Managing Director

 

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	LENDER:	MONROE CAPITAL FUND SV S.A.R.L.,
	 	acting in respect of its Fund III (Unleveraged)
	 	Compartment, in its capacity as a Lender
	 	 
	 	By: Monroe Capital Management Advisors
	 	LLC, as Investment Manager
	 	 
	 	By:	/s/ Jeffrey Cupples
	 	Name:	Jeffrey Cupples
	 	Title:	Managing Director

 

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	LENDER:	MONROE CAPITAL PARTNERS FUND II,

    LP, in its capacity as a Lender
	 	 
	 	By: Monroe Capital Partners Fund II, LLC, its

general partner

	 	 
	 	By:	/s/ Jeffrey Cupples
	 	Name:	Jeffrey Cupples
	 	Title:	Managing Director

 

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	LENDER:	MONROE CAPITAL PRIVATE CREDIT
	 	FUND I P, in its capacity as a Lender
	 	 
	 	By: Monroe Capital Private Credit Fund I 
	 	LLC, its general partner
	 	 
	 	By:	/s/ Jeffrey Cupples
	 	Name:	Jeffrey Cupples
	 	Title:	Managing Director

 

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	LENDER:	MONROE CAPITAL PRIVATE CREDIT
	 	FUND II (UNLEVERAGED OFFSHORE) LP,
	 	in its capacity as a Lender
	 	 
	 	By: Monroe Capital Private Credit Fund II
	 	LLC, its general partner
	 	 
	 	By:	/s/ Jeffrey Cupples
	 	Name:	Jeffrey Cupples
	 	Title:	Managing Director

 

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	LENDER:	MONROE CAPITAL PRIVATE CREDIT FUND II
	 	(UNLEVERAGED) LP, in its capacity as a Lender
	 	 
	 	By: Monroe Capital Private Credit Fund II LLC, 
	 	its general partner
	 	 
	 	By:	/s/ Jeffrey Cupples
	 	Name:	Jeffrey Cupples
	 	Title:	Managing Director

 

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	LENDER:	MONROE CAPITAL PRIVATE CREDIT FUND II
	 	FINANCING SPV LLC, in its capacity as a Lender
	 	 
	 	By: Monroe Capital Private Credit Fund II LP, 
	 	as Designated Manager
	 	 
	 	By: Monroe Capital Private Credit Fund II LLC, 
	 	its general partner
	 	 
	 	By:	/s/ Jeffrey Cupples
	 	Name:	Jeffrey Cupples
	 	Title:	Managing Director

 

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	LENDER:	MONROE CAPITAL PRIVATE CREDIT FUND II LP, in its capacity as a Lender
	 	 
	 	By: Monroe Capital Private Credit Fund II LLC, 
	 	its general partner
	 	 
	 	By:	/s/ Jeffrey Cupples
	 	Name:	 Jeffrey Cupples
	 	Title:	 Managing Director

 

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	LENDER:	MONROE CAPITAL PRIVATE CREDIT FUND III (LUX) FINANCING HOLDCO LP, in its capacity as a Lender
	 	 
	 	By: Monroe Capital Private Credit Fund III (Lux) Financing Holdco GP LLC, its General Partner
	 	 
	 	By: Monroe Capital Management Advisors
	 	LLC, as Manager
	 	 
	 	By:	 /s/ Jeffrey Cupples
	 	Name:	 Jeffrey Cupples
	 	Title:	 Managing Director

 

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	LENDER:	MONROE CAPITAL PRIVATE CREDIT FUND III (LUX) FINANCING SPV 2020 LP, in its capacity as a Lender
	 	 
	 	By: Monroe Capital Private Credit Fund III (Lux) Financing SPV GP LLC,
its General Partner
	 	 
	 	By: Monroe Capital Management Advisors LLC, as Manager
	 	 
	 	By:	 /s/ Jeffrey Cupples
	 	Name:	 Jeffrey Cupples
	 	Title:	 Managing Director

 

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	LENDER:	MONROE CAPITAL PRIVATE CREDIT 
	 	FUND III (UNLEVERAGED) LP, in its
	 	capacity as a Lender
	 	 	 
	 	By:	Monroe Capital Private Credit Fund III LLC, its general partner
	 	 	 
	 		By:	/s/ Jeffrey Cupples
	 		Name:	 Jeffrey Cupples
	 		Title:	Managing Director

 

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	LENDER: 	MONROE CAPITAL PRIVATE CREDIT FUND III FINANCING SPV LLC, in its capacity as
a Lender
	 	 	 
	 	By:	Monroe Capital Private Credit Fund III LP, as Designated Manager
	 	 	 
	 	By:	Monroe Capital Private Credit Fund III LLC, its general partner
	 	 	 
	 		By:	/s/ Jeffrey Cupples
	 		Name:	 Jeffrey Cupples
	 		Title:	 Managing Director

 

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	LENDER:	MONROE CAPITAL PRIVATE CREDIT FUND III LP, in its capacity as a Lender
	 	 	 
	 	By:	Monroe Capital Private Credit Fund III LLC,
	 	 	its general partner
	 		 
	 	By: 	/s/ Jeffrey Cupples
	 	Name:	 Jeffrey Cupples
	 	Title: 	Managing Director

 

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	LENDER:	MONROE CAPITAL PRIVATE CREDIT FUND

II-O (UNLEVERAGED OFFSHORE) LP,
	 	in its capacity as a Lender
	 	 	 
	 	By:	Monroe Capital Private Credit Fund II

LLC, its general partner

	 		 
	 	By: 	/s/ Jeffrey Cupples
	 	Name:	 Jeffrey Cupples
	 	Title: 	Managing Director

 

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	LENDER:	MONROE PRIVATE CREDIT FUND A LP,

    in its capacity as a Lender
	 	 	 
	 	By:	Monroe Private Credit Fund A LLC,

its general partner

	 		 
	 	By: 	/s/ Jeffrey Cupples
	 	Name:	 Jeffrey Cupples
	 	Title: 	Managing Director

 

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	LENDER:	MONROE PRIVATE CREDIT FUND A FINANCING SPV LLC, in its capacity as a Lender
	 	 	 
	 	By:	Monroe Private Credit Fund A LP, as its

Designated Manager

	 	 	 
	 	By:	Monroe Private Credit Fund A LLC, its general partner
	 		 
	 	By: 	/s/ Jeffrey Cupples
	 	Name:	 Jeffrey Cupples
	 	Title: 	Managing Director

 

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	LENDER:	MONROE CAPITAL MML CLO 2017-1, 
	 	LTD., in its capacity as a Lender
	 	 	 
	 	By:	Monroe Capital Management LLC, as
	 		Asset Manager and Attorney-in Fact
	 	 	 
	 		By:	/s/ Jeffrey Williams
	 		Name:	 Jeffrey Williams
	 		Title:	 Managing Director

 

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	LENDER:	MONROE CAPITAL MML CLO VI, LTD., in
	 	its capacity as a Lender
	 	 	 
	 	By:	Monroe Capital Management LLC,
	 	 	as Asset Manager and Attorney-in-fact
	 	 	 
	 	 	By:	 /s/ Jeffrey Williams
	 	 	Name:	 Jeffrey Williams
	 	 	Title:	 Managing Director

 

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	LENDER:	MONROE CAPITAL MML CLO VII, LTD., 
		in its capacity as a Lender
	 	 	 
		By:	Monroe Capital Asset Management LLC,
	 	 	as Asset Manager and Attorney-in-fact
	 	 	 
	 	 	By:	/s/ Jeffrey Williams
	 	 	Name:	 Jeffrey Williams
	 	 	Title:	 Managing Director

 

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	LENDER:	MONROE CAPITAL MML CLO VIII, LTD., 
		in its capacity as a Lender
	 	 
		By:	Monroe Capital Asset Management LLC,
	 	 	as Asset Manager and Attorney-in-fact
	 	 	 
	 	 	By:	/s/ Jeffrey Williams
	 	 	Name:	 Jeffrey Williams
	 	 	Title:	Managing Director

 

Signature page to Second Amendment

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