Document:

Exhibit 10.3

 

Execution Version 

 

December
10, 2020

 

Silver Spike Acquisition Corp.

600 Madison Avenue

17th Floor

New York, New York 10022

 

WM Holding Company, LLC

41 Discovery,

Irvine, CA 92618

 

Ladies and Gentlemen:

 

Re: Sponsor
Letter Agreement

 

Reference
is made to that certain Agreement and Plan of Merger, dated as of December 10, 2020 (as amended, the “Merger Agreement”)
by and among Silver Spike Acquisition Corp., a Cayman Island exempted company (including any successor entity thereto, including
upon the Domestication (as defined in the Merger Agreement), “Parent”), Silver Spike Merger Sub LLC, a Delaware
limited liability company and wholly owned direct subsidiary of Parent (“Merger Sub”), WM Holding Company,
LLC, a Delaware limited liability company (including the successor entity in its merger with Merger Sub pursuant to the Merger
Agreement, the “Company”), and Ghost Media Group, LLC, a Nevada limited liability company, solely in its capacity
as the Holder Representative (as defined in the Merger Agreement). Any capitalized term used but not defined herein will have
the meanings ascribed thereto in the Merger Agreement.

 

Silver
Spike Sponsor, LLC, a Delaware limited liability company (“Sponsor”) is the record and beneficial owner of
6,250,000 shares of Silver Spike Class B Common Stock (including the shares of Surviving Pubco Class A Common Stock into which
such shares are converted as a result of the Domestication and the consummation of the transactions contemplated by the Merger
Agreement, the “Founder Shares”).

 

For
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Sponsor, the Company and Parent
agree as follows:

 

1. Redemption and
Voting

 

(a)       Sponsor
agrees that if Parent seeks shareholder approval of the transactions contemplated by the Merger Agreement, Sponsor shall not redeem
any Founder Shares owned by it in connection with shareholder approval of the transactions contemplated by the Merger Agreement
(the “Proposed Transaction”).

 

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(b)       Prior
to the earlier of (x) date on which this Agreement is terminated in accordance with its terms and (y) the Closing (the “Voting
Period”), at each meeting of the holders of Silver Spike Common Stock (the “Silver Spike Shareholders”),
and in each written consent or resolutions of any of the Silver Spike Shareholders in which Sponsor is entitled to vote or consent,
Sponsor hereby unconditionally and irrevocably agrees to be present for such meeting and vote (in person or by proxy), or consent
to any action by written consent or resolution with respect to, as applicable, the Founder Shares or other equity interests of
Parent over which Sponsor has voting power (i) in favor of, and to adopt, the Merger Agreement, the Ancillary Agreements and the
transactions contemplated thereby, (ii) in favor of the other matters set forth in the Merger Agreement to the extent required
for Parent to carry out its obligations thereunder, and (iii) in opposition to: (A) any Acquisition Transaction and any and all
other proposals (1) that could reasonably be expected to delay or impair the ability of Parent to consummate the transactions
contemplated by the Merger Agreement or any Ancillary Agreement or (2) which are in competition with or materially inconsistent
with the Merger Agreement or any Ancillary Agreement or (B) any other action or proposal involving Parent or any of its Subsidiaries
that is intended, or would reasonably be expected, to prevent, impede, interfere with, delay, postpone or adversely affect in
any material respect the transactions contemplated by the Merger Agreement or any Ancillary Agreement or would reasonably be expected
to result in any of the conditions to Parent’s obligations under the Merger Agreement not being fulfilled.

 

(c)       Sponsor
agrees not to deposit, and to cause its Affiliates not to deposit, any Founder Shares in a voting trust or subject any Founder
Shares to any arrangement or agreement with respect to the voting of such Founder Shares, unless specifically requested to do
so by the Company and Parent in connection with the Merger Agreement, the Ancillary Agreements or the transactions contemplated
thereby.

 

(d)       Sponsor
agrees, except as contemplated by the Merger Agreement or any Ancillary Agreement, not to make, or in any manner participate in,
directly or indirectly, a “solicitation” of “proxies” or consents (as such terms are used in the rules
of the SEC) or powers of attorney or similar rights to vote, or seek to advise or influence any Person with respect to the voting
of, any equity interests of Parent in connection with any vote or other action with respect to transactions contemplated by the
Merger Agreement or any Ancillary Agreement, other than to recommend that the Silver Spike Shareholders vote in favor of the adoption
of the Merger Agreement, the Ancillary Agreements and the transactions contemplated thereby (and any actions required in furtherance
thereof and otherwise as expressly provided in this Section 1).

 

(e)       Sponsor
agrees that during the Voting Period it shall not, without Parent’s and the Company’s prior written consent, (i) make
or attempt to make any transfer that would not be permitted pursuant to Section 7(a) of that certain Letter Agreement, dated August
7, 2019, by and between Sponsor and Parent,

 

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except to an Affiliate
who signs a joinder to this Agreement in a form reasonably acceptable to Parent and the Company agreeing to be bound by this Section
1; (ii) grant any proxies or powers of attorney with respect to any or all of the Founder Shares; or (iii) take any action with
the intent to prevent, impede, interfere with or adversely affect Sponsor’s ability to perform its obligations under this
Section 1. Parent hereby agrees to reasonably cooperate with the Company in enforcing the transfer restrictions set forth in this
Section 1.

 

(f)       In
the event of any equity dividend or distribution, or any change in the equity interests of Parent by reason of any equity dividend
or distribution, equity split, recapitalization, combination, conversion, exchange of equity interests or the like, the term “Founder
Shares” shall be deemed to refer to and include the Founder Shares as well as all such equity dividends and distributions
and any securities into which or for which any or all of the Founder Shares may be changed or exchanged or which are received
in such transaction.

 

(g)       During
the Voting Period, Sponsor agrees to provide to Parent, the Company and their respective Representatives any information regarding
Sponsor or the Founder Shares that is reasonably requested by Parent, the Company or their respective Representatives and required
in order for the Company and Parent to comply with Sections 9.04, 9.05 and 9.08 of the Merger Agreement. To the extent required
by applicable Law, Sponsor hereby authorizes the Company and Parent to publish and disclose in any announcement or disclosure
required by the SEC, Nasdaq or the Registration Statement (including all documents and schedules filed with the SEC in connection
with the foregoing), Sponsor’s identity and ownership of Founder Shares and the nature of Sponsor’s commitments and
agreements under this Agreement, the Merger Agreement and any other Ancillary Agreements; provided that such disclosure is made
in compliance with the provisions of the Merger Agreement.

 

2. The Sponsor agrees that
if the amount of the sum of (x) the amount of cash available to be released from the Trust Account (after giving effect to
all payments made as a result of the completion of all Silver Spike Share Redemptions) and (y) the net amount of proceeds
actually received by Silver Spike pursuant to the Equity Financing (the “Cash Proceeds”) is less than
$350,000,000, then 15% of the Founder Shares shall be deemed to be “Deferred Founder Shares” (and, for the
avoidance of doubt, if the Cash Proceeds are equal to or greater than $350,000,000, then no Founder Shares shall be deemed to
be “Deferred Founder Shares” and Sections 2 through 6 of this Sponsor Letter Agreement shall be void and of no
further force and effect) and a corresponding number of Surviving Company Membership Units held by the Surviving Pubco shall
be deemed to be “Earnout Company Units”. The Sponsor agrees that it shall not Transfer any Deferred
Founder Shares until (collectively, the “Deferred Founder Shares Lock-up Period”):

 

(a)       with
respect to 25% of any Deferred Founder Shares, if and until such time, in any case on or before the first (1st) anniversary of
the Closing, that the last sale price as reported on Nasdaq of shares of Surviving Pubco Class A Common Stock equals or exceeds
$12.00 per share (as equitably adjusted for

 

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stock splits, stock
dividends, special cash dividends, reorganizations, combinations, recapitalizations and similar transactions affecting the Surviving
Pubco Class A Common Stock) for any twenty (20) trading days within any thirty (30) trading day period occurring after the Closing;

 

(b)       with
respect to 25% of any Deferred Founder Shares, if and until such time, in any case on or before the second (2nd) anniversary of
the Closing, that the last sale price as reported on Nasdaq of shares of Surviving Pubco Class A Common Stock equals or exceeds
$15.00 per share (as equitably adjusted for stock splits, stock dividends, special cash dividends, reorganizations, combinations,
recapitalizations and similar transactions affecting the Surviving Pubco Class A Common Stock) for any twenty (20) trading days
within any thirty (30) trading day period occurring after the Closing; and

 

(c)       with
respect to 50% of any Deferred Founder Shares, if and until such time, in any case on or before the third (3rd) anniversary of
the Closing, that the last sale price as reported on Nasdaq of shares of Surviving Pubco Class A Common Stock equals or exceeds
$18.00 per share (as equitably adjusted for stock splits, stock dividends, special cash dividends, reorganizations, combinations,
recapitalizations and similar transactions affecting the Surviving Pubco Class A Common Stock) for any twenty (20) trading days
within any thirty (30) trading day period occurring after the Closing.

 

3. The
certificates evidencing the Deferred Founder Shares shall be stamped or otherwise imprinted with a 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 LETTER
AGREEMENT, DATED AS OF DECEMBER 10, 2020, BY AND AMONG THE HOLDER HEREOF AND THE OTHER PARTIES THERETO.

 

4. Notwithstanding the
provisions set forth in Section 2, Transfers of any Deferred Founder Shares, are permitted (a) to Parent’s officers or
directors, affiliates and its employees or any family member of any of Parent’s officers or directors; and (b) to any
members of the Sponsor or any affiliates of the Sponsor; provided, however, that in the case of clauses (a) and
(b) these permitted transferees must enter into a written agreement with Parent agreeing to be bound by the transfer
restrictions in and other provisions contained in this Sponsor Letter Agreement.

 

5. Forfeiture of Founder Shares.
In the event of the failure to achieve the applicable trading price threshold set forth in Sections 2(a), 2(b) and 2(c) (each
event, a “Deferred Founder Shares Forfeiture”) on or prior to the completion of the applicable Deferred Founder
Shares Lock-up Period, as set forth in such Sections above (the first Business Day following the end of such period, the “Forfeiture
Date”), the portion of the Deferred Founder Shares, the release of the lockup of which is subject to the achievement
of the applicable threshold, shall be forfeited and transferred to Surviving Pubco by the holder

 

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that Beneficially Owns such Deferred
Founder Shares, without any consideration for such Transfer (“Forfeited Shares”). In event of a Deferred Founder
Shares Forfeiture, a number of Earnout Company Units equal to the number of Forfeited Shares, as applicable, shall be forfeited
and transferred to the Company by Surviving Pubco, without any consideration for such Transfer (a “Company Unit Forfeiture”).
For the avoidance of doubt, prior to a Company Unit Forfeiture, Surviving Pubco shall not have the right to vote such Earnout
Company Units or to receive dividends with respect to such units.

 

6. One hundred percent
(100%) of any Deferred Founder Shares which remain subject to the achievement of the applicable trading price threshold in
Section 2 (and which have not previously been forfeited pursuant to Section 5) shall no longer be subject to Transfer
restrictions or forfeiture upon the first to occur of any of the following:

 

(a)       if
Surviving Pubco shall engage in a “going private” transaction pursuant to Rule 13e-3 under the Securities Exchange
Act 1934, as amended (the “Exchange Act”) or otherwise cease to be subject to reporting obligations under Sections
13 or 15(d) of the Exchange Act;

 

(b)       if
Surviving Pubco Class A Shares shall cease to be listed on a national securities exchange, other than for the failure to satisfy:
(i) any applicable minimum listing requirements, including minimum round lot holder requirements, of such national securities
exchange; or (ii) a minimum price per share requirement of such national securities exchange;

 

(c)       if
any of the following shall occur:

 

(i)       there
is consummated a merger or consolidation of the Surviving Pubco with any other corporation or other entity, and, immediately after
the consummation of such merger or consolidation, either (x) the Surviving Pubco board of directors immediately prior to the merger
or consolidation does not constitute at least a majority of the board of directors of the company surviving the merger or, if
the surviving company is a Subsidiary, the ultimate parent thereof, or (y) the voting securities of the Surviving Pubco immediately
prior to such merger or consolidation do not continue to represent or are not converted into more than 50% of the combined voting
power of the then outstanding voting securities of the Person resulting from such merger or consolidation or, if the surviving
company is a Subsidiary, the ultimate parent thereof; or

 

(ii)       the
shareholders of the Surviving Pubco approve a plan of complete liquidation or dissolution of the Surviving Pubco or there is consummated
an agreement or series of related agreements for the sale, lease or other disposition, directly or indirectly, by the Surviving
Pubco of all or substantially all of the asset of Surviving Pubco and its Subsidiaries, taken as a whole, other than such sale
or other disposition by the Surviving Pubco of all or substantially all of the assets of the

 

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Surviving Pubco and
its Subsidiaries, taken as a whole, to an entity at least 50% of the combined voting power of the voting securities of which are
owned by shareholders of the Surviving Pubco in substantially the same proportions as their ownership of the Surviving Pubco immediately
prior to such sale; or

 

(iii)       any
Person or any group of Persons acting together which would constitute a “group” for purposes of Section 13(d) of the
Exchange Act or any successor provisions thereto (excluding a corporation or other entity owned, directly or indirectly, by the
stockholders of the Surviving Pubco in substantially the same proportions as their ownership of stock of the Surviving Pubco)
is or becomes the Beneficial Owner, directly or indirectly, of securities of the Surviving Pubco representing more than 50% of
the combined voting power of the Surviving Pubco’s then outstanding voting securities;

 

provided
that, if the price per share that would be payable to such Deferred Founder Shares in any of the foregoing transactions is less
than the applicable thresholds set forth in Section 2, 100% of any such remaining Deferred Founder Shares shall be considered
Forfeited Shares.

 

7. Pursuant to Section 17.4
of the Silver Spike Governing Document, the Sponsor, in its capacity as holder of one hundred percent (100%) of the Founder
Shares, hereby waives the adjustment to the Initial Conversion Ratio (as defined in the Silver Spike Governing Document) that
would otherwise apply pursuant to Section 17.3 of the Silver Spike Governing Document as a result of the issuance of shares
of Surviving Pubco Class A Common Stock in connection with the transactions contemplated by the Merger Agreement pursuant to
the PIPE Financing such that the shares of Surviving Pubco Class A Common Stock issued pursuant to the PIPE Financing are
excluded from the determination of the number of shares of Surviving Pubco Class A Common Stock issuable upon conversion of
the Founder Shares pursuant to Section 17.3 of the Silver Spike Governing Document. For the avoidance of doubt, the foregoing
waiver does not waive the Sponsor’s rights under Section 17.8 of the Silver Spike Governing Document, which provides
that in no event may any Founder Share convert into shares of Surviving Pubco Class A Common Stock at a ratio that is less
than one-for-one.

 

8. As used herein, (a)
“Beneficially Own” has the meaning ascribed to it in the Exchange Act; and (b)
“Transfer” shall mean the (i) direct or indirect transfer, sale of, offer to sell, contract or any
agreement to sell, hypothecate, pledge, encumber grant of any option to purchase or otherwise dispose of, either voluntarily
or involuntarily, or any agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent
position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the
Exchange Act and the rules and regulations of the SEC promulgated thereunder with respect to, any security, (ii) entry into
any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership
of any security, whether any such transaction is to be settled by delivery of such

 

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securities, in cash or otherwise,
or (iii) public announcement of any intention to effect any transaction specified in clause ‎(b)‎(i) ‎(a)or
‎(b)‎(ii).

 

9. This Sponsor Letter
Agreement and the other agreements referenced herein constitute the entire agreement and understanding of the parties hereto
in respect of the subject matter hereof and supersede all prior understandings, agreements, or representations by or among
the parties hereto, written or oral, to the extent they relate in any way to the subject matter hereof or the transactions
contemplated hereby. This Sponsor Letter Agreement may not be changed, amended, modified or waived (other than to correct a
typographical error) as to any particular provision, except by a written instrument executed by Parent, or after the Closing,
Surviving Pubco and, before the Closing, the Company and the other parties charged with such change, amendment, modification
or waiver, it being acknowledged and agreed that the Company’s execution of such an instrument will not be required
after any valid termination of the Merger Agreement.

 

10. No party hereto may,
except as set forth herein, assign either this Sponsor Letter Agreement or any of its rights, interests, or obligations
hereunder without the prior written consent of the other parties. Any purported assignment in violation of this Section shall
be void and ineffectual and shall not operate to transfer or assign any interest or title to the purported assignee. This
Sponsor Letter Agreement shall be binding on, and inure to the benefit of, the Sponsor, Parent and the Company and their
respective successors, heirs, personal representatives and assigns and permitted transferees.

 

11. Any notice, consent or
request to be given in connection with any of the terms or provisions of this Sponsor Letter Agreement shall be in writing
and shall be sent or given in accordance with the terms of Section 13.03 of the Merger Agreement to the applicable party at
its principal place of business. Any notice to Sponsor shall be sent to the address set forth on the signature page
hereto.

 

12. This Sponsor Letter
Agreement shall terminate at such time, if any, as the Merger Agreement is terminated in accordance with its terms prior to
the Closing. In the event of a valid termination of the Merger Agreement, this Sponsor Letter Agreement shall be of no force
and effect. No such termination or reversion shall relieve the Sponsor, Parent or the Company from any obligation accruing,
or liability resulting from an intentional breach of this Sponsor Letter Agreement occurring prior to such termination or
reversion.

 

13. Each of the parties
hereto represents and warrants that (a) it has the power and authority, or capacity, as the case may be, to enter into this
Sponsor Letter Agreement and to carry out its obligations hereunder, (b) the execution and delivery of this Sponsor Letter
Agreement and the performance of its obligations hereunder have been duly and validly authorized by all corporate or limited
liability company action on its part and (c) this Sponsor Letter Agreement has been duly and validly executed and delivered
by each of the parties hereto and constitutes, a legal, valid and binding obligation of each such party enforceable in
accordance with its terms, except as such

 

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enforceability may be limited
by bankruptcy Laws, other similar Laws affecting creditors’ rights and general principles of equity affecting the availability
of specific performance and other equitable remedies.

 

14. Each of the parties
hereto agrees to execute and deliver hereafter any further document, agreement or instrument of assignment, transfer or
conveyance as may be necessary or desirable to effectuate the purposes hereof and as may be reasonably requested in writing
by another party hereto.

 

15. Sections 13.05, 13.07,
13.08 and 13.12 through 13.15 of the Merger Agreement shall apply mutatis mutandis to this Sponsor Letter
Agreement.

 

[signature
page follows]

 

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	 	Sincerely,
	 	 
	 	SILVER SPIKE SPONSOR, LLC
	 	 
	 	 
	 	By:	 /s/ Greg Gentile
	 	 	Name: Greg Gentile
	 	 	Title:     Manager

 

	 	Email:
	notices@silverspikecap.com 
	 	Address:	660 Madison Ave.
	 	 	Suite 1600
	 	 	New York, NY 10065

 

 

[Signature
Page to Sponsor Letter Agreement]

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Acknowledged and Agreed:

 

	SILVER SPIKE ACQUISITION CORP.	 
	 	 
	 	 
	By:	/s/ Greg Gentile	 
	 	Name: Greg Gentile	 
	 	Title:   Chief Financial Officer	 

 

 

[Signature
Page to Sponsor Letter Agreement]

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Acknowledged and Agreed:

 

	WM HOLDING COMPANY, LLC	 
	 	 
	 	 
	By:	 /s/ Christopher Beals	 
	 	Name: Christopher Beals	 
	 	Title:   Chief Executive Officer	 

  

 

[Signature
Page to Sponsor Letter Agreement]

    11Exhibit 10.4

 

FORM OF

 

AMENDED AND RESTATED REGISTRATION RIGHTS
AGREEMENT

 

THIS AMENDED AND RESTATED REGISTRATION RIGHTS
AGREEMENT (this “Agreement”), dated as of [●], 2020, is made and entered into by and among [●],
a Delaware corporation (the “Company”), Silver Spike Sponsor, LLC, a Delaware limited liability company
(the “Sponsor”), and the other undersigned parties listed under Holders on the signature pages hereto
(each, a “Holder” and, collectively, the “Holders”).

 

RECITALS

 

WHEREAS, concurrently with the execution
of this Agreement, the Company is entering into that certain Agreement and Plan of Merger (the “Merger Agreement”)
by and among the Company, Silver Spike Merger Sub LLC, a Delaware limited liability company and wholly owned subsidiary of the
Company, WM Holding Company, LLC, a Delaware limited liability company (“WM Holding”) and Ghost Media
Group, LLC, a Nevada limited liability company, solely in its capacity as the initial holder representative under the Merger Agreement,
to effect the business combination with WM Holding (the “Business Combination”);

 

WHEREAS, the Company and the Sponsor
are parties to that certain Registration Rights Agreement dated as of August 7, 2019 (the “Original Agreement”),
pursuant to which the Company granted the Sponsor certain registration rights with respect to certain securities of the Company;
and

 

WHEREAS, as a condition of, and as
a material inducement for WM Holding to enter into and consummate the transactions contemplated by the Merger Agreement, the Company
and the Sponsor have agreed to amend and restate the Original Agreement in order to provide certain registration rights relating
to the registration of shares of Common Stock (as defined below) held by the equityholders of WM Holding as of and contingent upon
the closing of the Business Combination.

 

NOW, THEREFORE, in consideration
of the representations, covenants and agreements contained herein, and certain other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree that the Original
Agreement is hereby amended and restated in its entirety, as of and contingent upon the closing of the Business Combination, as
follows:

 

ARTICLE I

DEFINITIONS

 

1.1 Definitions. The terms defined
in this Article I shall, for all purposes of this Agreement, have the respective meanings set forth below:

 

“Adverse Disclosure”
shall mean any public disclosure of material non-public information, which disclosure, in the good faith judgment of the Chief
Executive Officer or any principal financial officer of the Company, after consultation with counsel to the Company, (i) would
be required to be made in any Registration Statement or Prospectus in order for the applicable Registration Statement or Prospectus
not to contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements contained
therein (in the case of any prospectus and any preliminary prospectus, in the light of the circumstances under which they were
made) not misleading, (ii) would not be required to be made at such time if the Registration Statement were not being filed and
(iii) the Company has a bona fide business purpose for not making such information public.

 

“Agreement” shall
have the meaning given in the Preamble.

 

“Board” shall
mean the Board of Directors of the Company.

 

     

     

    

“Business Day”
means any day, other than a Saturday or a Sunday, that is neither a legal holiday nor a day on which banking institutions are generally
authorized or required by law or regulation to close in the City of New York, New York.

 

“Commission” shall
mean the Securities and Exchange Commission.

 

“Common Stock”
shall mean the Class A shares of common stock, par value $[___] per share, of the Company outstanding immediately following the
transactions contemplated by the Merger Agreement.

 

“Common Stock Equivalents”
shall mean any rights, warrants, options, convertible securities or indebtedness, exchangeable securities or indebtedness, or other
rights, exercisable for or convertible or exchangeable into, directly or indirectly, Class A Common Stock and securities convertible
or exchangeable into Class A Common Stock, whether at the time of issuance or upon the passage of time or the occurrence of such
future event, including Units and the Class [V] Common Stock of the Company.

 

“Company” shall
have the meaning given in the Preamble.

 

“Demanding Holders”
shall have the meaning given in subsection 2.1.1.

 

“Demand Registration”
shall have the meaning given in subsection 2.1.2.

 

“Demand Registration Period”
shall have the meaning given in subsection 2.1.2.

 

“Demand Registration Request”
shall have the meaning given in subsection 2.1.2.

 

“Effectiveness Date”
shall have the meaning given in subsection 2.1.1.

 

“Exchange Act”
shall mean the Securities Exchange Act of 1934, as it may be amended from time to time.

 

“Filing Date”
shall have the meaning given in subsection 2.1.1(a).

 

“Form S-1” shall
mean Form S-1 for the registration of securities under the Securities Act promulgated by the Commission.

 

“Form S-1 Shelf”
shall have the meaning given in subsection 2.1.6.

 

“Form S-3” shall
have the meaning given in subsection 2.4.

 

“Form S-3 Shelf”
shall have the meaning given in subsection 2.1.6.

 

“Founder Shares Lock-up Period”
shall mean, with respect to the Common Stock held by the Sponsor from and after the closing of the Business Combination, the period
ending on the earlier of (A) one year after the date hereof or (B) subsequent to the date hereof, (x) if the last reported sale
price of the Common Stock equals or exceeds $12.00 per share (as adjusted for share splits, share dividends, rights issuances,
subdivisions, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing
at least 150 days after the date of the closing of the Business Combination or (y) in any case, if, after the date hereof, the
Company completes a liquidation, merger, amalgamation, share exchange, reorganization or other similar transaction that results
in all of the Company’s public shareholders having the right to exchange their shares of common stock for cash, securities
or other property.

 

“Holders” shall
have the meaning given in the Preamble.

 

“Insider Letter”
shall mean that certain letter agreement, dated as of August 7, 2019, by and among the Company, the Sponsor and each of the Company’s
officers, directors and director nominees.

 

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“Maximum Number of Securities”
shall have the meaning given in subsection 2.1.4.

 

“Merger Agreement”
shall have the meaning set forth in the Recitals hereto.

 

“Minimum Demand Threshold”
shall mean $10.0 million.

 

“Misstatement”
shall mean an untrue statement of a material fact or an omission to state a material fact required to be stated in a Registration
Statement or Prospectus or necessary to make the statements in a Registration Statement or Prospectus (in the case of a Prospectus,
in the light of the circumstances under which they were made) not misleading.

 

“Original Agreement”
shall have the meaning set forth in the Recitals hereto.

 

“Permitted Transferees”
shall mean any person or entity to whom the Sponsor is permitted to transfer such Registrable Securities prior to the expiration
of the Founder Shares Lock-up Period or Private Placement Lock-up Period, as the case may be, under the Insider Letter and any
other applicable agreement between the Sponsor and the Company and to any transferee thereafter.

 

“Piggyback Registration”
shall have the meaning given in subsection 2.2.1.

 

“Private Placement Lock-up Period”
shall mean, with respect to Private Placement Warrants that are held by the initial purchasers of such Private Placement Warrants
or their Permitted Transferees, and any of the shares of Common Stock issued or issuable upon the exercise or conversion of the
Private Placement Warrants and that are held by the initial purchasers of the Private Placement Warrants or their Permitted Transferees,
the period ending 30 days after the completion of the Business Combination.

 

“Private Placement Warrants”
shall mean the 7,000,000 warrants purchased on a private placement occurring simultaneously with the closing of the Company’s
initial public offering.

 

“Prospectus” shall
mean the prospectus included in any Registration Statement, as supplemented by any and all prospectus supplements and as amended
by any and all post-effective amendments and including all material incorporated by reference in such prospectus.

 

“Registrable Security”
shall mean (a) the shares of Common Stock, (b) the Private Placement Warrants (including any shares of Common Stock issued or issuable
upon the exercise of any such Private Placement Warrants), (c) any shares of Common Stock issuable upon the exercise, conversion
or exchange of Common Stock Equivalents, and (d) any other equity security of the Company issued or issuable with respect to any
such shares of Common Stock or Common Stock Equivalents by way of a share dividend or share split or in connection with a combination
of shares, recapitalization, merger, consolidation or reorganization; provided, however, that, as to any particular
Registrable Security, such securities shall cease to be Registrable Securities when: (A) a Registration Statement with respect
to the sale of such securities shall have become effective under the Securities Act and such securities shall have been sold, transferred,
disposed of or exchanged in accordance with such Registration Statement; (B) such securities shall have been otherwise transferred,
new certificates or book entries credits for such securities not bearing a legend restricting further transfer shall have been
delivered by the Company and subsequent public distribution of such securities shall not require registration under the Securities
Act; (C) such securities shall have ceased to be outstanding; (D) such securities may be sold without registration pursuant to
Rule 144 promulgated under the Securities Act (or any successor rule promulgated thereafter by the Commission) (but with no volume,
manner of sale or other restrictions or limitations); or (E) such securities have been sold to, or through, a broker, dealer or
underwriter in a public distribution or other public securities transaction.

 

“Registration”
shall mean a registration effected by preparing and filing a registration statement or similar document in compliance with the
requirements of the Securities Act, and the applicable rules and regulations promulgated thereunder, and such registration statement
becoming effective.

 

    3 

     

    

“Registration Expenses”
shall mean the out-of-pocket expenses of a Registration, including, without limitation, the following:

 

(A) all registration and filing
fees (including fees with respect to filings required to be made with the Financial Industry Regulatory Authority, Inc.) and any
securities exchange on which the Common Stock is then listed;

 

(B) fees and expenses of compliance
with securities or blue sky laws (including reasonable fees and disbursements of counsel for the Underwriters in connection with
blue sky qualifications of Registrable Securities);

 

(C) printing, messenger, telephone
and delivery expenses;

 

(D) reasonable fees and disbursements
of counsel for the Company;

 

(E) reasonable fees and disbursements
of all independent registered public accountants of the Company incurred specifically in connection with such Registration; and

 

(F) reasonable fees and expenses
of one legal counsel selected by the holders of a majority-in-interest of the Registrable Securities to be registered for offer
and sale in the applicable Registration.

 

“Registration Statement”
shall mean any registration statement that covers the Registrable Securities pursuant to the provisions of this Agreement, including
the Prospectus included in such registration statement, amendments (including post-effective amendments) and supplements to such
registration statement, and all exhibits to and all material incorporated by reference in such registration statement.

 

“Requesting Holder”
shall have the meaning given in subsection 2.1.1.

 

“Restricted Securities”
shall have the meaning given in subsection 3.6.1.

 

“Securities Act”
shall mean the Securities Act of 1933, as amended from time to time.

 

“Sponsor” shall
have the meaning given in the Recitals hereto.

 

“Transactions”
shall have the meaning set forth in the Recitals.

 

“Underwriter”
shall mean a securities dealer who purchases any Registrable Securities as principal in an Underwritten Offering and not as part
of such dealer’s market-making activities.

 

“Underwritten Registration”
or “Underwritten Offering” shall mean a Registration in which securities of the Company are sold to an
Underwriter in a firm commitment underwriting for distribution to the public.

 

“Units” shall
mean Surviving Company Membership Units as defined in the Merger Agreement.

 

ARTICLE II

REGISTRATIONS

 

2.1 Demand Registration.

 

2.1.1 Request for Registration.

 

(a) Subject to the provisions of subsection
‎2.1.4, subsection 2.1.6 and Section ‎2.4, at any time and from time to time on or after the date the Company consummates
the initial Business Combination, either (i) one or more Holders (other than the Sponsor or its affiliates or transferees) or (ii)
the Sponsor or its affiliates or

 

    4 

     

    

transferees, in either case of clause (i) or (ii) representing
Registrable Securities with a total offering price reasonably expected to exceed, in the aggregate, the Minimum Demand Threshold,
may make a written demand for Registration of all or part of their Registrable Securities, which written demand shall describe
the amount and type of securities to be included in such Registration and the intended method(s) of distribution thereof (such
written demand, a “Demand Registration” and such persons making such written demand, the “Demanding
Holders”). The Company shall, within ten (10) days of the Company’s receipt of the Demand Registration, notify,
in writing, all other Holders of Registrable Securities of such demand, and each Holder of Registrable Securities who thereafter
wishes to include all or a portion of such Holder’s Registrable Securities in a Registration pursuant to a Demand Registration
(each such Holder that includes all or a portion of such Holder’s Registrable Securities in such Registration, a “Requesting
Holder”) shall so notify the Company, in writing, within five (5) days after the receipt by the Holder of the notice
from the Company. Upon receipt by the Company of any such written notification from a Requesting Holder(s) to the Company, such
Requesting Holder(s) shall be entitled to have their Registrable Securities included in a Registration pursuant to a Demand Registration
and the Company shall (i) file a Registration Statement in respect of all Registrable Securities requested by the Demanding Holders
and Requesting Holder(s) pursuant such Demand Registration, not more than forty five (45) days immediately after the Company’s
receipt of the Demand Registration, and (ii) shall effect the registration thereof as soon as practicable thereafter. Under no
circumstances shall the Company be obligated to effect more than an (x) aggregate of three (3) Registrations pursuant to a Demand
Registration initiated by one or more Holders (other than the Sponsor or its affiliates or transferees) and (y) an aggregate of
three (3) Registrations pursuant to a Demand Registration initiated by the Sponsor or its affiliates or transferees, in each case
under this subsection ‎2.1.1 with respect to any or all Registrable Securities; provided, however, that a Registration shall
not be counted for such purposes unless a Form S-1 or any similar long-form registration statement that may be available at such
time (“Form S-1”) has become effective and all of the Registrable Securities requested by the Requesting
Holders to be registered on behalf of the Requesting Holders in such Form S-1 Registration have been sold, in accordance with Section
‎3.1 of this Agreement. For the avoidance of doubt, each of (i) the holders of a majority-in-interest of the Registrable Securities
held by the Holders and (ii) the Sponsor shall be permitted to exercise a Demand Registration Statement pursuant to this subsection
2.1.1 with respect to their Registrable Securities.

 

2.1.2 Effective Registration. Notwithstanding
the provisions of subsection ‎2.1.1 above or any other part of this Agreement, a Registration
pursuant to a Demand Registration shall not count as a Registration unless and until (i) the Registration Statement filed with
the Commission with respect to a Registration pursuant to a Demand Registration has been declared effective by the Commission and
(ii) the Company has complied with all of its obligations under this Agreement with respect thereto; provided, further,
that if, after such Registration Statement has been declared effective, an offering of Registrable Securities in a Registration
pursuant to a Demand Registration is subsequently interfered with by any stop order or injunction of the Commission, federal or
state court or any other governmental agency the Registration Statement with respect to such Registration shall be deemed not to
have been declared effective, unless and until, (i) such stop order or injunction is removed, rescinded or otherwise terminated,
and (ii) a majority-in-interest of the Demanding Holders initiating such Demand Registration thereafter affirmatively elects to
continue with such Registration and accordingly notify the Company in writing, but in no event later than five (5) days, of such
election; provided, further, that the Company shall not be obligated or required to file another Registration
Statement until the Registration Statement that has been previously filed with respect to a Registration pursuant to a Demand Registration
becomes effective or is subsequently terminated.

 

2.1.3 Underwritten Offering. Subject
to the provisions of subsection ‎2.1.4, subsection 2.1.6 and Section ‎2.4 hereof,
if a majority-in-interest of the Demanding Holders so elect and such Demanding Holders advise the Company as part of its Demand
Registration that the offering of the Registrable Securities pursuant to such Demand Registration shall be in the form of an Underwritten
Offering, then the right of each Demanding Holder and Requesting Holder to include its Registrable Securities in such Registration
shall be conditioned upon such Holder’s participation in such Underwritten Offering and the inclusion of such Holder’s
Registrable Securities in such Underwritten Offering to the extent provided herein; provided that such Demanding Holder(s) (a)
reasonably expect aggregate gross proceeds in excess of the Minimum Demand Threshold from such Underwritten Offerings (it being
understood that the Company shall not be required to conduct more than two Underwritten Offerings where the expected aggregate
proceeds are below $25,000,000 but in excess of the Minimum Demand Threshold in any 12-month period) or (b) reasonably expects
to sell all of the Registrable Securities held by such Holder in such Underwritten Offering but in no event less than $5,000,000
in aggregate

 

    5 

     

    

gross proceeds. All such Holders proposing to distribute their
Registrable Securities through an Underwritten Offering under this subsection ‎2.1.3 shall enter
into an underwriting agreement in customary form with the Underwriter(s) selected for such Underwritten Offering by a majority-in-interest
of the holders initiating the Demand Registration.

 

2.1.4 Reduction of Underwritten Offering.
If the managing Underwriter or Underwriters in an Underwritten Registration pursuant to a Demand Registration, in good faith, advises
the Company and the Requesting Holders in writing that the dollar amount or number of Registrable Securities that such Holders
desire to sell, taken together with all other shares of Common Stock or other equity securities that the Company desires to sell
and the shares of Common Stock, if any, as to which a Registration has been requested pursuant to separate written contractual
piggy-back registration rights held by any other shareholders who desire to sell, exceeds the maximum dollar amount or maximum
number of equity securities that can be sold in the Underwritten Offering without adversely affecting the proposed offering price,
the timing, the distribution method, or the probability of success of such offering (such maximum dollar amount or maximum number
of such securities, as applicable, the “Maximum Number of Securities”), then the Company shall include
in such Underwritten Offering, as follows: (i) first, the Registrable Securities of the Demanding Holders and Requesting Holders
(pro rata based on the respective number of Registrable Securities that each Demanding Holder and Requesting Holder has
requested be included in such Underwritten Registration and the aggregate number of Registrable Securities that the Demanding Holders
and Requesting Holders have requested be included in such Underwritten Registration) that can be sold without exceeding the Maximum
Number of Securities; (ii) second, to the extent that the Maximum Number of Securities has not been reached under the foregoing
clause (i), the shares of Common Stock or other equity securities that the Company desires to sell, which can be sold without exceeding
the Maximum Number of Securities; and (iii) third, to the extent that the Maximum Number of Securities has not been reached under
the foregoing clauses (i) and (ii), the shares of Common Stock or other equity securities of other persons or entities that the
Company is obligated to register in a Registration pursuant to separate written contractual arrangements with such persons and
that can be sold without exceeding the Maximum Number of Securities.

 

2.1.5 Demand Registration Withdrawal.
Any Demanding Holder or Requesting Holder shall have the right to withdraw from a Registration pursuant to such Demand Registration
for any or no reason whatsoever upon written notification to the Company and the Underwriter or Underwriters (if any) of their
intention to withdraw from such Registration prior (x) in the case of a Demand Registration not involving an Underwritten Offering,
to the effectiveness of the Registration Statement filed with the Commission with respect to the Registration of their Registrable
Securities pursuant to such Demand Registration or (y) in the case of a Demand Registration involving an Underwritten Offering,
the pricing of such Underwritten Offering; provided, however, that upon withdrawal by a majority-in-interest of the Demanding Holders
initiating a Demand Registration, the Company shall cease all efforts to secure effectiveness of the applicable Registration Statement
or complete the Underwritten Offering, as applicable. Notwithstanding anything to the contrary in this Agreement, the Company shall
be responsible for the Registration Expenses incurred in connection with a Registration pursuant to a Demand Registration prior
to its withdrawal under this subsection 2.1.5.

 

2.1.6
Shelf Registration. The Company shall file within 45 days of the Closing, and use commercially reasonable efforts to
cause to be declared effective as soon as practicable thereafter, a Registration Statement for a Shelf Registration on Form S-1
(the “Form S-1 Shelf”) or, if the Company is eligible to use a Registration Statement on Form S-3, a Shelf Registration
on Form S-3 (the “Form S-3 Shelf” and together with the Form S-1 Shelf, each a “Shelf”),
in each case, covering the resale of all the Registrable Securities (determined as of two business days prior to such filing) on
a delayed or continuous basis. Such Shelf shall provide for the resale of the Registrable Securities included therein pursuant
to any method or combination of methods legally available to, and requested by, any Holder named therein. Notwithstanding anything
to the contrary herein, to the extent there is an active Shelf under this subsection 2.1.6, covering a Holder’s or
Holders’ Registrable Securities, such Holder shall not have rights to make a Demand Registration with respect to subsection
2.1.1. Notwithstanding anything to the contrary herein, to the extent there is an active Shelf under this subsection 2.1.6,
covering a Holder’s or Holders’ Registrable Securities, and such Holder or Holders qualify as Demanding Holders pursuant
to subsection 2.1.1 and wish to request an Underwritten Offering from such Shelf, such Underwritten Offering shall follow the procedures
of subsection 2.1, (including subsection 2.1.3 and subsection 2.1.4) but such Underwritten Offering shall
be made from the Shelf and shall count against the number of Demand Registrations that may be made pursuant to subsection 2.1.1.

 

    6 

     

    

2.1.7 Holder
Information Required for Participation in Underwritten Offering. At least five (5) business days prior to the first anticipated
filing date of a Registration Statement pursuant to this Section 2, the Company shall use reasonable best efforts to
notify each Holder in writing (which may be by email) of the information reasonably necessary about the Holder to include such
Holder’s Registrable Securities in such Registration Statement. Notwithstanding anything else in this Agreement, the Company
shall not be obligated to include such Holder’s Registrable Securities to the extent the Company has not received such information,
and received any other reasonably requested agreements or certificates, on or prior to the second (2nd) business day
prior to the first anticipated filing date of a Registration Statement pursuant to this Section 2.

 

2.2 Piggyback Registration.

 

2.2.1 Piggyback Rights. If, at any
time on or after the date hereof, the Company proposes to file a Registration Statement under the Securities Act with respect to
an offering of equity securities, or securities or other obligations exercisable or exchangeable for, or convertible into equity
securities, for its own account or for the account of shareholders of the Company (or by the Company and by the shareholders of
the Company including, without limitation, pursuant to Section 2.1 hereof), other than a Registration Statement (i) filed
in connection with any employee stock option or other benefit plan, (ii) for an exchange offer or offering of securities solely
to the Company’s existing shareholders, (iii) for an offering of debt that is convertible into equity securities of the Company
or (iv) for a dividend reinvestment plan, then the Company shall give written notice of such proposed filing to all of the Holders
of Registrable Securities as soon as practicable but not less than ten (10) days before the anticipated filing date of such Registration
Statement, which notice shall (A) describe the amount and type of securities to be included in such offering, the intended method(s)
of distribution, and the name of the proposed managing Underwriter or Underwriters, if any, in such offering, and (B) offer to
all of the Holders of Registrable Securities the opportunity to register the sale of such number of Registrable Securities as such
Holders may request in writing within five (5) days after receipt of such written notice (such Registration, a “Piggyback
Registration”). The Company shall, in good faith, cause such Registrable Securities to be included in such Piggyback
Registration and shall use its best efforts to cause the managing Underwriter or Underwriters of a proposed Underwritten Offering
to permit the Registrable Securities requested by the Holders pursuant to this subsection 2.2.1 to be included in a Piggyback
Registration on the same terms and conditions as any similar securities of the Company included in such Registration and to permit
the sale or other disposition of such Registrable Securities in accordance with the intended method(s) of distribution thereof.
All such Holders proposing to distribute their Registrable Securities through an Underwritten Offering under this subsection
2.2.1 shall enter into an underwriting agreement in customary form with the Underwriter(s) selected for such Underwritten Offering
by the Company.

 

2.2.2 Reduction of Piggyback Registration.
If the managing Underwriter or Underwriters in an Underwritten Registration that is to be a Piggyback Registration, in good faith,
advises the Company and the Holders of Registrable Securities participating in the Piggyback Registration in writing that the dollar
amount or number of the shares of Common Stock that the Company desires to sell, taken together with (i) the shares of Common Stock,
if any, as to which Registration has been demanded pursuant to separate written contractual arrangements with persons or entities
other than the Holders of Registrable Securities hereunder (ii) the Registrable Securities as to which registration has been requested
pursuant to Section 2.2 hereof, and (iii) the shares of Common Stock, if any, as to which Registration has been requested
pursuant to separate written contractual piggy-back registration rights of other shareholders of the Company, exceeds the Maximum
Number of Securities, then:

 

(a) If the Registration is undertaken for
the Company’s account, the Company shall include in any such Registration (A) first, the shares of Common Stock or other
equity securities that the Company desires to sell, which can be sold without exceeding the Maximum Number of Securities; (B) second,
to the extent that the Maximum Number of Securities has not been reached under the foregoing clause (A), the Registrable Securities
of Holders exercising their rights to register their Registrable Securities pursuant to subsection 2.2.1 hereof, pro rata,
based on the respective number of Registrable Securities that each Holder has so requested, which can be sold without exceeding
the Maximum Number of Securities; and (C) third, to the extent that the Maximum Number of Securities has not been reached under
the foregoing clauses (A) and (B), the shares of Common Stock, if any, as to which Registration has been requested pursuant to
written contractual piggy-back registration rights of other shareholders of the Company, which can be sold without exceeding the
Maximum Number of Securities; and

 

    7 

     

    

(b) If the Registration is pursuant to a
request by persons or entities other than the Holders of Registrable Securities, then the Company shall include in any such Registration
(A) first, the shares of Common Stock or other equity securities, if any, of such requesting persons or entities, other than the
Holders of Registrable Securities, which can be sold without exceeding the Maximum Number of Securities; (B) second, to the extent
that the Maximum Number of Securities has not been reached under the foregoing clause (A), the Registrable Securities of Holders
exercising their rights to register their Registrable Securities pursuant to subsection 2.2.1, pro rata, based on the respective
number of Registrable Securities that each Holder has requested be included in such Underwritten Registration and the aggregate
number of Registrable Securities that the Holders have requested to be included in such Underwritten Registration, which can be
sold without exceeding the Maximum Number of Securities; (C) third, to the extent that the Maximum Number of Securities has not
been reached under the foregoing clauses (A) and (B), the shares of Common Stock or other equity securities that the Company desires
to sell, which can be sold without exceeding the Maximum Number of Securities; and (D) fourth, to the extent that the Maximum Number
of Securities has not been reached under the foregoing clauses (A), (B) and (C), the shares of Common Stock or other equity securities
for the account of other persons or entities that the Company is obligated to register pursuant to separate written contractual
arrangements with such persons or entities, which can be sold without exceeding the Maximum Number of Securities.

 

2.2.3 Piggyback Registration Withdrawal.
Any Holder of Registrable Securities shall have the right to withdraw from a Piggyback Registration for any or no reason whatsoever
upon written notification to the Company and the Underwriter or Underwriters (if any) of his, her or its intention to withdraw
from such Piggyback Registration prior to the effectiveness of the Registration Statement filed with the Commission with respect
to such Piggyback Registration. The Company (whether on its own good faith determination or as the result of a request for withdrawal
by persons pursuant to separate written contractual obligations) may withdraw a Registration Statement filed with the Commission
in connection with a Piggyback Registration at any time prior to the effectiveness of such Registration Statement. Notwithstanding
anything to the contrary in this Agreement, the Company shall be responsible for the Registration Expenses incurred in connection
with the Piggyback Registration prior to its withdrawal under this subsection 2.2.3.

 

2.2.4 Unlimited Piggyback Registration
Rights. For purposes of clarity, any Registration effected pursuant to Section 2.2 hereof shall not be counted as a
Registration pursuant to a Demand Registration effected under Section 2.1 hereof.

 

2.3 Registrations on Form S-3. The
Holders of Registrable Securities may at any time, and from time to time, request in writing that the Company, pursuant to Rule
415 under the Securities Act (or any successor rule promulgated thereafter by the Commission), register the resale of any or all
of their Registrable Securities on Form S-3 or any similar short-form registration statement that may be available at such time
(“Form S-3”); provided, however, that the Company shall not be obligated to effect such request through
an Underwritten Offering. Within five (5) days of the Company’s receipt of a written request from a Holder or Holders of
Registrable Securities for a Registration on Form S-3, the Company shall promptly give written notice of the proposed Registration
on Form S-3 to all other Holders of Registrable Securities, and each Holder of Registrable Securities who thereafter wishes to
include all or a portion of such Holder’s Registrable Securities in such Registration on Form S-3 shall so notify the Company,
in writing, within ten (10) days after the receipt by the Holder of the notice from the Company. As soon as practicable thereafter,
but not more than twelve (12) days after the Company’s initial receipt of such written request for a Registration on Form
S-3, the Company shall register all or such portion of such Holder’s Registrable Securities as are specified in such written
request, together with all or such portion of Registrable Securities of any other Holder or Holders joining in such request as
are specified in the written notification given by such Holder or Holders; provided, however, that the Company shall not be obligated
to effect any such Registration pursuant to Section ‎2.3 hereof if (i) a Form S-3 is not available for such offering; or (ii)
the Holders of Registrable Securities, together with the Holders of any other equity securities of the Company entitled to inclusion
in such Registration, propose to sell the Registrable Securities and such other equity securities (if any) at any aggregate price
to the public of less than $25,000,000.

 

2.4 Restrictions on Registration Rights.
If (A) during the period starting with the date sixty (60) days prior to the Company’s good faith estimate of the date of
the filing of, and ending on a date one hundred and twenty (120) days after the effective date of, a Company-initiated Registration
and provided that the Company has delivered

 

    8 

     

    

written notice to the Holders prior to receipt of a Demand Registration
pursuant to subsection 2.1.1 and it continues to actively employ, in good faith, all reasonable efforts to cause the applicable
Registration Statement to become effective; (B) the Holders have requested an Underwritten Registration and the Company and the
Holders are unable to obtain the commitment of underwriters to firmly underwrite the offer; or (C) in the good faith judgment of
the Board such Registration would be seriously detrimental to the Company and the Board concludes as a result that it is essential
to defer the filing of such Registration Statement at such time, then in each case the Company shall furnish to such Holders a
certificate signed by the Chairman of the Board stating that in the good faith judgment of the Board it would be seriously detrimental
to the Company for such Registration Statement to be filed in the near future and that it is therefore essential to defer the filing
of such Registration Statement. In such event, the Company shall have the right to defer such filing for a period of not more than
thirty (30) days; provided, however, that the Company shall not defer its obligation in this manner more than once
in any 12-month period.

 

2.5 Lock-Up. Notwithstanding anything
to the contrary in this Agreement, the Company shall not be obligated to effect any Demand Registration or Piggyback Registration
of (i) any shares of Common Stock subject to the Founder Shares Lock-Up Period prior to the Founder Shares Lock-Up Period applicable
to such shares of Common Stock or (ii) any Private Placement Warrants during the Private Placement Lock-Up Period. Nothing in this
Section 2.4 shall limit the Company’s obligation to register all of the Registrable Securities, including such shares of
Common Stock subject to the Founder Shares Lock-Up Period and Private Placement Warrants, on the Shelf Registration Statement pursuant
to Section 2.4.

 

ARTICLE III

COMPANY PROCEDURES

 

3.1 General Procedures. If at any
time on or after the date hereof the Company is required to effect the Registration of Registrable Securities, the Company shall
use its best efforts to effect such Registration to permit the sale of such Registrable Securities in accordance with the intended
plan of distribution thereof, and pursuant thereto the Company shall, as expeditiously as possible:

 

3.1.1 prepare and file with the Commission
as soon as practicable a Registration Statement with respect to such Registrable Securities and use its reasonable best efforts
to cause such Registration Statement to become effective and remain effective until all Registrable Securities covered by such
Registration Statement have been sold;

 

3.1.2 prepare and file with the Commission
such amendments and post-effective amendments to the Registration Statement, and such supplements to the Prospectus, as may be
reasonably requested by the majority-in-interest of the Holders with Registrable Securities registered on such Registration Statement
or any Underwriter of Registrable Securities or as may be required by the rules, regulations or instructions applicable to the
registration form used by the Company or by the Securities Act or rules and regulations thereunder to keep the Registration Statement
effective until all Registrable Securities covered by such Registration Statement are sold in accordance with the intended plan
of distribution set forth in such Registration Statement or supplement to the Prospectus;

 

3.1.3 prior to filing a Registration Statement
or Prospectus, or any amendment or supplement thereto, furnish without charge to the Underwriters, if any, and the Holders of Registrable
Securities included in such Registration, and such Holders’ legal counsel, copies of such Registration Statement as proposed
to be filed, each amendment and supplement to such Registration Statement (in each case including all exhibits thereto and documents
incorporated by reference therein), the Prospectus included in such Registration Statement (including each preliminary Prospectus),
and such other documents as the Underwriters and the Holders of Registrable Securities included in such Registration or the legal
counsel for any such Holders may request in order to facilitate the disposition of the Registrable Securities owned by such Holders;

 

3.1.4 prior to any public offering of Registrable
Securities, use its best efforts to (i) register or qualify the Registrable Securities covered by the Registration Statement under
such securities or “blue sky” laws of

 

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such jurisdictions in the United States as the Holders of Registrable
Securities included in such Registration Statement (in light of their intended plan of distribution) may request and (ii) take
such action necessary to cause such Registrable Securities covered by the Registration Statement to be registered with or approved
by such other governmental authorities as may be necessary by virtue of the business and operations of the Company and do any and
all other acts and things that may be necessary or advisable to enable the Holders of Registrable Securities included in such Registration
Statement to consummate the disposition of such Registrable Securities in such jurisdictions; provided, however,
that the Company shall not be required to qualify generally to do business in any jurisdiction where it would not otherwise be
required to qualify or take any action to which it would be subject to general service of process or taxation in any such jurisdiction
where it is not then otherwise so subject;

 

3.1.5 cause all such Registrable Securities
to be listed on each securities exchange or automated quotation system on which similar securities issued by the Company are then
listed;

 

3.1.6 provide a transfer agent or warrant
agent, as applicable, and registrar for all such Registrable Securities no later than the effective date of such Registration Statement;

 

3.1.7 advise each seller of such Registrable
Securities, promptly after it shall receive notice or obtain knowledge thereof, of the issuance of any stop order by the Commission
suspending the effectiveness of such Registration Statement or the initiation or threatening of any proceeding for such purpose
and promptly use its reasonable best efforts to prevent the issuance of any stop order or to obtain its withdrawal if such stop
order should be issued;

 

3.1.8 at least five (5) days prior to the
filing of any Registration Statement or Prospectus or any amendment or supplement to such Registration Statement or Prospectus
furnish a copy thereof to each seller of such Registrable Securities or its counsel;

 

3.1.9 notify the Holders at any time when
a Prospectus relating to such Registration Statement is required to be delivered under the Securities Act, of the happening of
any event as a result of which the Prospectus included in such Registration Statement, as then in effect, includes a Misstatement,
and then to correct such Misstatement as set forth in Section 3.4 hereof;

 

3.1.10 permit a representative of the Holders,
the Underwriters, if any, and any attorney or accountant retained by such Holders or Underwriter to participate, at each such person’s
own expense, in the preparation of the Registration Statement, and cause the Company’s officers, directors and employees
to supply all information reasonably requested by any such representative, Underwriter, attorney or accountant in connection with
the Registration; provided, however, that such representatives or Underwriters enter into a confidentiality agreement,
in form and substance reasonably satisfactory to the Company, prior to the release or disclosure of any such information;

 

3.1.11 obtain a “cold comfort”
letter from the Company’s independent registered public accountants in the event of an Underwritten Registration, in customary
form and covering such matters of the type customarily covered by “cold comfort” letters as the managing Underwriter
may reasonably request, and reasonably satisfactory to a majority-in-interest of the participating Holders;

 

3.1.12 on the date the Registrable Securities
are delivered for sale pursuant to such Registration, obtain an opinion, dated such date, of counsel representing the Company for
the purposes of such Registration, addressed to the Holders, the placement agent or sales agent, if any, and the Underwriters,
if any, covering such legal matters with respect to the Registration in respect of which such opinion is being given as the Holders,
placement agent, sales agent, or Underwriter may reasonably request and as are customarily included in such opinions and negative
assurance letters, and reasonably satisfactory to a majority in interest of the participating Holders;

 

3.1.13 in the event of any Underwritten Offering,
enter into and perform its obligations under an underwriting agreement, in usual and customary form, with the managing Underwriter
of such offering;

 

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3.1.14 make available to its security holders,
as soon as reasonably practicable, an earnings statement covering the period of at least twelve (12) months beginning with the
first day of the Company’s first full calendar quarter after the effective date of the Registration Statement which satisfies
the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder (or any successor rule promulgated thereafter by
the Commission);

 

3.1.15 if the Registration involves the Registration
of Registrable Securities involving gross proceeds in excess of $25,000,000, use its reasonable efforts to make available senior
executives of the Company to participate in customary “road show” presentations that may be reasonably requested by
the Underwriter in any Underwritten Offering; and

 

3.1.16 otherwise, in good faith, cooperate
reasonably with, and take such customary actions as may reasonably be requested by the Holders, in connection with such Registration.

 

3.2 Registration Expenses. The Registration
Expenses of all Registrations shall be borne by the Company. It is acknowledged by the Holders that the Holders shall bear all
incremental selling expenses relating to the sale of Registrable Securities, such as Underwriters’ commissions and discounts,
brokerage fees, Underwriter marketing costs and, other than as set forth in the definition of “Registration Expenses,”
reasonable fees and expenses of legal counsel representing the Holders.

 

3.3 Requirements for Participation in
Underwritten Offerings. No person may participate in any Underwritten Offering for equity securities of the Company pursuant
to a Registration initiated by the Company hereunder unless such person (i) agrees to sell such person’s securities on the
basis provided in any underwriting arrangements approved by the Company and (ii) completes and executes all customary questionnaires,
powers of attorney, indemnities, lock-up agreements, underwriting agreements and other customary documents as may be reasonably
required under the terms of such underwriting arrangements.

 

3.4 Suspension of Sales; Adverse Disclosure.
Upon receipt of written notice from the Company that a Registration Statement or Prospectus contains a Misstatement, each of the
Holders shall forthwith discontinue disposition of Registrable Securities until he, she or it has received copies of a supplemented
or amended Prospectus correcting the Misstatement (it being understood that the Company hereby covenants to prepare and file such
supplement or amendment as soon as practicable after the time of such notice), or until he, she or it is advised in writing by
the Company that the use of the Prospectus may be resumed. If the filing, initial effectiveness or continued use of a Registration
Statement in respect of any Registration at any time would require the Company to make an Adverse Disclosure or would require the
inclusion in such Registration Statement of financial statements that are unavailable to the Company for reasons beyond the Company’s
control, the Company may, upon giving prompt written notice of such action to the Holders, delay the filing or initial effectiveness
of, or suspend use of, such Registration Statement for the shortest period of time, but in no event more than thirty (30) days,
determined in good faith by the Company to be necessary for such purpose. In the event the Company exercises its rights under the
preceding sentence, the Holders agree to suspend, immediately upon their receipt of the notice referred to above, their use of
the Prospectus relating to any Registration in connection with any sale or offer to sell Registrable Securities. The Company shall
immediately notify the Holders of the expiration of any period during which it exercised its rights under this Section 3.4.

 

3.5 Reporting Obligations. As long
as any Holder shall own Registrable Securities, the Company, at all times while it shall be a reporting company under the Exchange
Act, covenants to file timely (or obtain extensions in respect thereof and file within the applicable grace period) all reports
required to be filed by the Company after the date hereof pursuant to Sections 13(a) or 15(d) of the Exchange Act and to promptly
furnish the Holders with true and complete copies of all such filings. The Company further covenants that it shall take such further
action as any Holder may reasonably request, all to the extent required from time to time to enable such Holder to sell the shares
of Common Stock held by such Holder without registration under the Securities Act within the limitation of the exemptions provided
by Rule 144 promulgated under the Securities Act (or any successor rule promulgated thereafter by the Commission), including providing
any legal opinions. Upon the request of any Holder, the

 

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Company shall deliver to such Holder a written certification
of a duly authorized officer as to whether it has complied with such requirements.

 

3.6 Lock-Up Restrictions.

 

3.6.1 During the applicable
Lock-Up Periods, none of the Holders shall offer, sell, contract to sell, pledge, grant any option to purchase, make any short
sale or otherwise dispose of or distribute any shares of Common Stock that are subject to an applicable Lock-Up Period or
any securities convertible into, exercisable for, exchangeable for or that represent the right to receive shares of Common Stock
that are subject to an applicable Lock-Up Period, whether now owned or hereinafter acquired, that is owned directly by such
Holder (including securities held as a custodian) or with respect to which such Holder has beneficial ownership within the rules
and regulations of the Commission (such securities that are subject to an applicable Lock-Up Period, the “Restricted
Securities”), other than any transfer to an affiliate of a Holder or to a Permitted Transferee, as applicable. The
foregoing restriction is expressly agreed to preclude each Holder, as applicable, from engaging in any hedging or other transaction
with respect to Restricted Securities which is designed to or which reasonably could be expected to lead to or result in a sale
or disposition of the Restricted Securities even if such Restricted Securities would be disposed of by someone other than such
Holder. Such prohibited hedging or other transactions include any short sale or any purchase, sale or grant of any right (including
any put or call option) with respect to any of the Restricted Securities of the applicable Holder, or with respect to any security
that includes, relates to, or derives any significant part of its value from such Restricted Securities.

 

3.6.2 Each Holder hereby
represents and warrants that it now has and, except as contemplated by this subsection 3.6.2 for the duration
of the applicable Lock-Up Period, will have good and marketable title to its Restricted Securities, free and clear of all
liens, encumbrances, and claims that could impact the ability of such Existing Holder to comply with the foregoing restrictions
Each Existing Holder agrees and consents to the entry of stop transfer instructions with the Company’s transfer agent and
registrar against the transfer of any Restricted Securities during the applicable Lock-Up Period.

 

ARTICLE IV

INDEMNIFICATION AND CONTRIBUTION

 

4.1 Indemnification.

 

4.1.1 The Company agrees to indemnify, to
the extent permitted by law, each Holder of Registrable Securities, its officers and directors and agents and each person who controls
such Holder (within the meaning of the Securities Act) against all losses, claims, damages, liabilities and expenses (including
attorneys’ fees) caused by any untrue or alleged untrue statement of material fact contained in any Registration Statement,
Prospectus or preliminary Prospectus or any amendment thereof or supplement thereto or any omission or alleged omission of a material
fact required to be stated therein or necessary to make the statements therein not misleading, except insofar as the same are caused
by or contained in any information furnished in writing to the Company by such Holder expressly for use therein. The Company shall
indemnify the Underwriters, their officers and directors and each person who controls such Underwriters (within the meaning of
the Securities Act) to the same extent as provided in the foregoing with respect to the indemnification of the Holder.

 

4.1.2 In connection with any Registration
Statement in which a Holder of Registrable Securities is participating, such Holder shall furnish to the Company in writing such
information and affidavits as the Company reasonably requests for use in connection with any such Registration Statement or Prospectus
and, to the extent permitted by law, shall indemnify the Company, its directors and officers and agents and each person who controls
the Company (within the meaning of the Securities Act) against any losses, claims, damages, liabilities and expenses (including
without limitation reasonable attorneys’ fees) resulting from any untrue statement of material fact contained in the Registration
Statement, Prospectus or preliminary Prospectus or any amendment thereof or supplement thereto or any omission of a material fact
required to be stated therein or necessary to make the statements therein not misleading, but only to the extent that such untrue
statement or omission is contained in any information or affidavit so furnished in writing by such Holder expressly for use therein;
provided, however, that the obligation to indemnify shall be several, not joint and several, among such Holders of
Registrable Securities, and the

 

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liability of each such Holder of Registrable Securities shall
be in proportion to and limited to the net proceeds received by such Holder from the sale of Registrable Securities pursuant to
such Registration Statement. The Holders of Registrable Securities shall indemnify the Underwriters, their officers, directors
and each person who controls such Underwriters (within the meaning of the Securities Act) to the same extent as provided in the
foregoing with respect to indemnification of the Company.

 

4.1.3 Any person entitled to indemnification
herein shall (i) give prompt written notice to the indemnifying party of any claim with respect to which it seeks indemnification
(provided that the failure to give prompt notice shall not impair any person’s right to indemnification hereunder to the
extent such failure has not materially prejudiced the indemnifying party) and (ii) unless in such indemnified party’s reasonable
judgment a conflict of interest between such indemnified and indemnifying parties may exist with respect to such claim, permit
such indemnifying party to assume the defense of such claim with counsel reasonably satisfactory to the indemnified party. If such
defense is assumed, the indemnifying party shall not be subject to any liability for any settlement made by the indemnified party
without its consent (but such consent shall not be unreasonably withheld). An indemnifying party who is not entitled to, or elects
not to, assume the defense of a claim shall not be obligated to pay the fees and expenses of more than one counsel for all parties
indemnified by such indemnifying party with respect to such claim, unless in the reasonable judgment of any indemnified party a
conflict of interest may exist between such indemnified party and any other of such indemnified parties with respect to such claim.
No indemnifying party shall, without the consent of the indemnified party, consent to the entry of any judgment or enter into any
settlement which cannot be settled in all respects by the payment of money (and such money is so paid by the indemnifying party
pursuant to the terms of such settlement) or which settlement does not include as an unconditional term thereof the giving by the
claimant or plaintiff to such indemnified party of a release from all liability in respect to such claim or litigation.

 

4.1.4 The indemnification provided for under
this Agreement shall remain in full force and effect regardless of any investigation made by or on behalf of the indemnified party
or any officer, director or controlling person of such indemnified party and shall survive the transfer of securities. The Company
and each Holder of Registrable Securities participating in an offering also agrees to make such provisions as are reasonably requested
by any indemnified party for contribution to such party in the event the Company’s or such Holder’s indemnification
is unavailable for any reason.

 

4.1.5 If the indemnification provided under
Section 4.1 hereof from the indemnifying party is unavailable or insufficient to hold harmless an indemnified party in respect
of any losses, claims, damages, liabilities and expenses referred to herein, then the indemnifying party, in lieu of indemnifying
the indemnified party, shall contribute to the amount paid or payable by the indemnified party as a result of such losses, claims,
damages, liabilities and expenses in such proportion as is appropriate to reflect the relative fault of the indemnifying party
and the indemnified party, as well as any other relevant equitable considerations. The relative fault of the indemnifying party
and indemnified party shall be determined by reference to, among other things, whether any action in question, including any untrue
or alleged untrue statement of a material fact or omission or alleged omission to state a material fact, was made by, or relates
to information supplied by, such indemnifying party or indemnified party, and the indemnifying party’s and indemnified party’s
relative intent, knowledge, access to information and opportunity to correct or prevent such action; provided, however,
that the liability of any Holder under this subsection 4.1.5 shall be limited to the amount of the net proceeds received
by such Holder in such offering giving rise to such liability. The amount paid or payable by a party as a result of the losses
or other liabilities referred to above shall be deemed to include, subject to the limitations set forth in subsections 4.1.1,
4.1.2 and 4.1.3 above, any legal or other fees, charges or expenses reasonably incurred by such party in connection
with any investigation or proceeding. The parties hereto agree that it would not be just and equitable if contribution pursuant
to this subsection 4.1.5 were determined by pro rata allocation or by any other method of allocation, which does not take
account of the equitable considerations referred to in this subsection 4.1.5. No person guilty of fraudulent misrepresentation
(within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution pursuant to this subsection 4.1.5
from any person who was not guilty of such fraudulent misrepresentation.

 

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ARTICLE V

MISCELLANEOUS

 

5.1 Notices. Any notice or communication
under this Agreement must be in writing and given by (i) deposit in the United States mail, addressed to the party to be notified,
postage prepaid and registered or certified with return receipt requested, (ii) delivery in person or by courier service providing
evidence of delivery, or (iii) transmission by hand delivery, electronic mail, telecopy, telegram or facsimile. Each notice or
communication that is mailed, delivered, or transmitted in the manner described above shall be deemed sufficiently given, served,
sent, and received, in the case of mailed notices, on the third business day following the date on which it is mailed and, in the
case of notices delivered by courier service, hand delivery, electronic mail, telecopy, telegram or facsimile, at such time as
it is delivered to the addressee (with the delivery receipt or the affidavit of messenger) or at such time as delivery is refused
by the addressee upon presentation. Any notice or communication under this Agreement must be addressed, if to the Company, to:
1114 6th Ave, 41st Floor, New York, New York, 10036, Attention: Chief Financial Officer with a copy to Cooley LLP, Attention: Dave
Peinsipp, Kristin Vanderpas, Garth Osterman and Peter Byrne, 101 California Street, 5th Floor, San Francisco, CA
94111, , and, if to any Holder, at such Holder’s address or facsimile number as set forth in the Company’s books
and records. Any party may change its address for notice at any time and from time to time by written notice to the other parties
hereto, and such change of address shall become effective thirty (30) days after delivery of such notice as provided in this Section
5.1.

 

5.2 Assignment; No Third Party Beneficiaries.

 

5.2.1 This Agreement and the rights, duties
and obligations of the Company hereunder may not be assigned or delegated by the Company in whole or in part.

 

5.2.2 Prior to the expiration of the Founder
Shares Lock-up Period or the Private Placement Lock-up Period, as the case may be, the Sponsor may not assign or delegate the Sponsor’s
rights, duties or obligations under this Agreement, in whole or in part, except in connection with a transfer of Registrable Securities
by the Sponsor to a Permitted Transferee, but only if such Permitted Transferee agrees to become bound by the transfer restrictions
set forth in this Agreement and other applicable agreements. Any other Holder may assign or delegate such Holder’s rights,
duties or obligations under this Agreement, in whole or in part, if (i) the transferee receives Registrable Securities that constitute
at least 1% of the Company’s Common Stock and/or Common Stock Equivalents, (ii) such transfer is not pursuant to Rule 144
under the Securities Act or a registration statement filed pursuant to this Agreement and (iii) the transferee agrees to become
bound by the transfer restrictions set forth in this Agreement and other applicable agreements.

 

5.2.3 This Agreement and the provisions hereof
shall be binding upon and shall inure to the benefit of each of the parties and its successors and the permitted assigns of the
Holders, which shall include Permitted Transferees.

 

5.2.4 This Agreement shall not confer any
rights or benefits on any persons that are not parties hereto, other than as expressly set forth in this Agreement and Section
5.2 hereof.

 

5.2.5 No assignment by any party hereto of
such party’s rights, duties and obligations hereunder shall be binding upon or obligate the Company unless and until the
Company shall have received (i) written notice of such assignment as provided in Section 5.1 hereof and (ii) the written
agreement of the assignee, in a form reasonably satisfactory to the Company, to be bound by the terms and provisions of this Agreement
(which may be accomplished by an addendum or certificate of joinder to this Agreement). Any transfer or assignment made other than
as provided in this Section 5.1 shall be null and void.

 

5.3 Counterparts. This Agreement
may be executed in multiple counterparts (including facsimile or PDF counterparts), each of which shall be deemed an original,
and all of which together shall constitute the same instrument, but only one of which need be produced.

 

5.4 Governing Law; Venue. NOTWITHSTANDING
THE PLACE WHERE THIS AGREEMENT MAY BE EXECUTED BY ANY OF THE PARTIES HERETO, THE PARTIES EXPRESSLY AGREE THAT (I) THIS AGREEMENT
SHALL BE GOVERNED BY AND CONSTRUED UNDER THE LAWS OF THE STATE OF

 

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NEW YORK AS APPLIED TO AGREEMENTS AMONG NEW YORK RESIDENTS ENTERED
INTO AND TO BE PERFORMED ENTIRELY WITHIN NEW YORK AND (II) THE VENUE FOR ANY ACTION TAKEN WITH RESPECT TO THE AGREEMENT SHALL BE
ANY STATE OR FEDERAL COURT IN NEW YORK COUNTY IN THE STATE OF NEW YORK. EACH PARTY HERETO ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY
WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND, THEREFORE, EACH SUCH PARTY HEREBY
IRREVOCABLY AND UNCONDITIONALLY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL
BY JURY IN RESPECT TO ANY ACTION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH OR RELATING TO THIS AGREEMENT
OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT.

 

5.5 Amendments and Modifications.
Upon the written consent of the Company and the Holders of at least a majority-in-interest of the Registrable Securities at the
time in question, compliance with any of the provisions, covenants and conditions set forth in this Agreement may be waived, or
any of such provisions, covenants or conditions may be amended or modified; provided, however, that notwithstanding
the foregoing, any amendment hereto or waiver hereof that adversely affects one Holder, solely in his, her or its capacity as a
holder of the shares of the Company, in a manner that is materially different from the other Holders (in such capacity) shall require
the consent of the Holder so affected. No course of dealing between any Holder or the Company and any other party hereto or any
failure or delay on the part of a Holder or the Company in exercising any rights or remedies under this Agreement shall operate
as a waiver of any rights or remedies of any Holder or the Company. No single or partial exercise of any rights or remedies under
this Agreement by a party shall operate as a waiver or preclude the exercise of any other rights or remedies hereunder or thereunder
by such party.

 

5.6 Other Registration Rights. The
Company represents and warrants that no person, other than a Holder of Registrable Securities or those certain investors that agreed
on or about the date hereof to purchase shares of Common Stock in a transaction exempt from registration under the Securities Act
pursuant to those certain Subscription Agreements dated on or about the date hereof, has any right to require the Company to register
any securities of the Company for sale or to include such securities of the Company in any Registration filed by the Company for
the sale of securities for its own account or for the account of any other person. Further, the Company represents and warrants
that this Agreement supersedes any other registration rights agreement or agreement with similar terms and conditions and in the
event of a conflict between any such agreement or agreements and this Agreement, the terms of this Agreement shall prevail.

 

5.7 Term. This Agreement shall terminate
upon the earlier of (i) the tenth anniversary of the date hereof or (ii) the date as of which (A) all of the Registrable Securities
have been sold pursuant to a Registration Statement (but in no event prior to the applicable period referred to in Section 4(a)(3)
of the Securities Act and Rule 174 thereunder (or any successor rule promulgated thereafter by the Commission)) or (B) the Holders
of all Registrable Securities are permitted to sell the Registrable Securities without registration pursuant to Rule 144 (or any
similar provision) under the Securities Act without limitation on the amount of securities sold or the manner of sale. The provisions
of Section 3.5 and Article IV shall survive any termination.

 

[SIGNATURE PAGES FOLLOW]

 

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IN WITNESS WHEREOF, the undersigned have
caused this Agreement to be executed as of the date first written above.

 

	 	SILVER SPIKE ACQUISITION CORP., a Cayman Islands exempted company
	 	 
	 	 
	 	By:	 
	 	 	Name: Gregory Gentile
	 	 	Title: Chief Financial Officer
	 	 	 

	 	HOLDERS:
	 	 
	 	 
	 	SILVER SPIKE SPONSOR, LLC,

a Delaware limited liability company
	 	 
	 	 
	 	By:	 
	 	 	Name: Greg Gentile
	 	 	
        Title: Manager

        

	 	 
	 	[________],

a [_____] limited liability company
	 	 
	 	 
	 	By:	 
	 	 	Name: [_____]
	 	 	
        Title: [_____]

        

 

 

[Signature Page - Registration Rights
Agreement]

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