Document:

Exhibit 4.1

 

AMENDMENT NO. 1 TO

THE RIGHTS AGREEMENT

This
AMENDMENT NO. 1 TO THE RIGHTS AGREEMENT (this “Amendment”) is dated as of June 27, 2020 (the
“Effective Date”) and amends the Rights Agreement, dated as of March 31, 2020 (the
“Rights Agreement”), by and between Synalloy Corporation, a Delaware corporation (the
“Company”), and American Stock Transfer & Trust Company, LLC, as Rights Agent (the
“Rights Agent”). Capitalized terms used in this Amendment and not otherwise defined have the
meaning given to them in the Rights Agreement.

RECITALS

WHEREAS,
the Board of Directors of the Company determined that it is in the best interests of the Company and its stockholders to terminate
the Rights Agreement and the associated Rights;

WHEREAS,
the Company, by action of the Board, may from time to time, and the Rights Agent shall, if the Company so directs, supplement or
amend the Rights Agreement without the approval of any holders of Rights in accordance with Section 28 of the Rights Agreement;
and

WHEREAS,
the Rights Agent is hereby directed to join in this Amendment.

AGREEMENT

NOW, THEREFORE,
in consideration of the premises and the mutual agreements set forth herein, the parties hereby agree as follows:

1.   Amendment of the Rights Agreement.

a.         Clause (i) Section 7(a) of the Rights Agreement is hereby amended and restated in its entirety as follows:

(i) 11:59
P.M., New York City time, on June 28, 2020 (the “Final Expiration Time”),

b.         Section 7 of the Rights Agreement is hereby amended by adding a new Section 7(g) as follows:

(g) Except
for those provisions herein that expressly survive the termination of this Agreement, this Agreement shall terminate upon the earlier
of the Expiration Time and such time as all outstanding Rights have been exercised, redeemed or exchanged hereunder.

2.   Amendment of Exhibits. The exhibits to the Rights Agreement shall be deemed to be restated to reflect this Amendment,
including all conforming changes.

3.   Other
Amendment; Effect of Amendment. Except as and to the extent expressly modified by this Amendment, the Rights Agreement and
the exhibits thereto remain in full force and effect in all respects without any modification; provided, however,
that the effect of this Amendment is to terminate the Rights Agreement at the Expiration Time in accordance with Section 7 of
the Rights Agreement. This Amendment will be deemed an amendment to the Rights Agreement and will become effective on the Effective
Date. In the event of a conflict or inconsistency between this Amendment and the Rights Agreement and the exhibits thereto, the
provisions of this Amendment will govern.

     

     

    

 

4.   Counterparts.
This Amendment may be executed in any number of counterparts and each of such counterparts will for all purposes be deemed to
be an original, and all such counterparts will together constitute one and the same instrument, it being understood that all parties
need not sign the same counterpart. A signature to this Amendment transmitted electronically (including by fax, email or .pdf)
will have the same authority, effect and enforceability as an original signature. No party hereto may raise the use of such electronic
transmission to deliver a signature, or the fact that any signature or agreement or instrument was transmitted or communicated
through such electronic transmission, as a defense to the formation of a contract, and each party forever waives any such defense,
except to the extent such defense relates to lack of authenticity.

5.   Severability. If any term, provision, covenant or restriction of this Amendment is held by a court of competent jurisdiction
or other authority to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of
this Amendment will remain in full force and effect and will in no way be affected, impaired or invalidated.

6.   Descriptive Headings. The descriptive headings of the several Sections of this Amendment are inserted for convenience
only and will not control or affect the meaning or construction of any of the provisions hereof.

7.   Further Assurances. Each of the parties to this Amendment will cooperate and take such action as may be reasonably
requested by the other party in order to carry out the provisions and purposes of this Amendment, the Rights Agreement and the
transactions contemplated hereunder and thereunder.

8.   Governing
Law. This Amendment shall be deemed to be a contract made under the laws of the State of Delaware and for all purposes shall
be governed by and construed in accordance with the laws of such State applicable to contracts made and to be performed entirely
within such State.

 

(Signature page follows.) 

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IN WITNESS WHEREOF,
the parties hereto have caused this Amendment to be duly executed as of the day and year first above written.

	 	Synalloy CORPORATION 
	 	 	 
	 	By: 	/s/ Sally M. Cunningham
	 	Name: 	Sally M. Cunningham
	 	Title:  	Vice President of Corporate Administration
	 	 	and Corporate Secretary

 

 

Signature
Page to

Amendment
No. 1 to the Rights Agreement

 

    

     

    

 

IN WITNESS WHEREOF,
the parties hereto have caused this Amendment to be duly executed as of the day and year first above written.

 

	 	American Stock Transfer & Trust Company, LLC
	 	 	 
	 	By: 	/s/ Paula Caroppoli 
	 	Name:	Paula Caroppoli 
	 	Title:	Senior Vice President

  

 

Signature
Page to

Amendment
No. 1 to the Rights AgreementExhibit 10.5

 

THIS PROMISSORY NOTE (THIS “NOTE”)
HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”).  THIS NOTE HAS
BEEN ACQUIRED FOR INVESTMENT ONLY AND MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF REGISTRATION OF THE RESALE THEREOF
UNDER THE SECURITIES ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY IN FORM, SCOPE AND SUBSTANCE TO THE MAKER THAT SUCH REGISTRATION
IS NOT REQUIRED.  

 

PROMISSORY NOTE

 

	Principal Amount:
    Up to $300,000	Dated as of June 22, 2020

 

GO Acquisition Corp., a
Delaware corporation (the “Maker”), promises to pay to the order of GO Acquisition Founder LLC, a Delaware limited
liability company, or its registered assigns or successors in interest (the
“Payee”), or order, the principal sum of Three Hundred Thousand Dollars ($300,000), or such lesser amount as
shall have been advanced by Payee to Maker and shall remain unpaid under this Note, in lawful money of the United States of America,
on the terms and conditions described below.  All payments on this Note shall be made by check or wire transfer of immediately
available funds or as otherwise determined by the Maker to such account as the Payee may from time to time designate by written
notice in accordance with the provisions of this Note.

 

1. Principal. The principal
balance of Note shall be payable on the earlier of: (i) December 31, 2020 and (ii) the date on which Maker consummates an initial
public offering of its securities (the “IPO”). The principal balance may be prepaid at any time. Under
no circumstances shall any individual, including but not limited to any officer, director, employee or shareholder of the Maker,
be obligated personally for any obligations or liabilities of the Maker hereunder.

 

2. Interest. No interest shall
accrue on the unpaid principal balance of this Note.

 

3. Drawdown Requests. The principal
of this Note may be drawn down from time to time prior to the earlier of: (i) December 31, 2020 and (ii) the date on which Maker
consummates the IPO, upon request from Maker to Payee (each, a “Drawdown Request”). Payee shall fund each Drawdown
Request within two (2) business days after receipt of a Drawdown Request; provided, however, that the maximum amount of
drawdowns collectively under this Note is Three Hundred Thousand Dollars ($300,000). Once an amount is drawn down under this Note,
it shall not be available for future Drawdown Requests even if prepaid. No fees, payments or other amounts shall be due to Payee
in connection with, or as a result of, any Drawdown Request by Maker.

 

4. Application of Payments. All
payments shall be applied first to payment in full of any costs incurred in the collection of any sum due under this Note, including
(without limitation) reasonable attorney’s fees, then to the payment in full of any late charges and finally to the reduction
of the unpaid principal balance of this Note.

 

5. Events of Default. The following
shall constitute an event of default (“Event of Default”):

 

(a) Failure to Make
Required Payments. Failure by Maker to pay the principal amount due pursuant to this Note within five (5) business days of
the date specified in Section 1 above.

 

(b) Voluntary Bankruptcy,
Etc. The commencement by Maker of a voluntary case under any applicable bankruptcy, insolvency, reorganization, rehabilitation
or other similar law, or the consent by it to the appointment of or taking possession by a receiver, liquidator, assignee, trustee,
custodian, sequestrator (or other similar official) of Maker or for any substantial part of its property, or the making by it of
any assignment for the benefit of creditors, or the failure of Maker generally to pay its debts as such debts become due, or the
taking of corporate action by Maker in furtherance of any of the foregoing.

 

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(c) Involuntary
Bankruptcy, Etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of Maker
in an involuntary case under any applicable bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator,
assignee, custodian, trustee, sequestrator (or similar official) of Maker or for any substantial part of its property, or ordering
the winding-up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period
of 60 consecutive days.

 

6. Remedies.

 

(a) Upon the occurrence
of an Event of Default specified in Section 5(a) hereof, Payee may, by written notice to Maker, declare this Note to be due immediately
and payable, whereupon the unpaid principal amount of this Note, and all other amounts payable thereunder, shall become immediately
due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything
contained herein or in the documents evidencing the same to the contrary notwithstanding.

 

(b) Upon the occurrence
of an Event of Default specified in Sections 5(b) or 5(c), the unpaid principal balance of this Note, and all other sums payable
with regard to this Note, shall automatically and immediately become due and payable, in all cases without any action on the part
of Payee.

 

7. Waivers. Maker and all endorsers
and guarantors of, and sureties for, this Note waive presentment for payment, demand, notice of dishonor, protest, and notice of
protest with regard to the Note, all errors, defects and imperfections in any proceedings instituted by Payee under the terms of
this Note, and all benefits that might accrue to Maker by virtue of any present or future laws exempting any property, real or
personal, or any part of the proceeds arising from any sale of any such property, from attachment, levy or sale under execution,
or providing for any stay of execution, exemption from civil process, or extension of time for payment; and Maker agrees that any
real estate that may be levied upon pursuant to a judgment obtained by virtue hereof, on any writ of execution issued hereon, may
be sold upon any such writ in whole or in part in any order desired by Payee.

 

8. Unconditional Liability. Maker
hereby waives all notices in connection with the delivery, acceptance, performance, default, or enforcement of the payment of this
Note, and agrees that its liability shall be unconditional, without regard to the liability of any other party, and shall not be
affected in any manner by any indulgence, extension of time, renewal, waiver or modification granted or consented to by Payee,
and consents to any and all extensions of time, renewals, waivers, or modifications that may be granted by Payee with respect to
the payment or other provisions of this Note, and agrees that additional makers, endorsers, guarantors, or sureties may become
parties hereto without notice to Maker or affecting Maker’s liability hereunder.

 

9. Notices.  All notices, statements
or other documents which are required or contemplated by this Agreement shall be in writing and delivered: (i) personally or sent
by first class registered or certified mail, overnight courier service to the address designated in writing by such party, (ii)
by facsimile to the number most recently provided to such party or such other address or fax number as may be designated in writing
by such party or (iii) by electronic mail, to the electronic mail address most recently provided to such party or such other electronic
mail address as may be designated in writing by such party.  Any notice or other communication so transmitted shall be
deemed to have been given on the day of delivery, if delivered personally, on the business day following receipt of written confirmation,
if sent by facsimile or electronic mail, one (1) business day after delivery to an overnight courier service or five (5) days after
mailing if sent by mail.

 

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10. Construction. THIS NOTE
SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT REGARD TO CONFLICT OF LAW PROVISIONS
THEREOF.

 

11. Severability. Any provision
contained in this Note which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition
or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

 

12. Trust Waiver.  Notwithstanding
anything herein to the contrary, the Payee hereby waives any and all right, title, interest or claim of any kind (“Claim”)
in or to any distribution of or from the trust account to be established in which the proceeds of the IPO and the proceeds of the
sale of the units issued in private placements to occur prior to the consummation of the IPO are to be deposited, as described
in greater detail in the registration statement and prospectus to be filed with the Securities and Exchange Commission in connection
with the IPO, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the trust account
for any reason whatsoever.

 

13. Amendment; Waiver.  Any
amendment hereto or waiver of any provision hereof may be made with, and only with, the written consent of the Maker and the Payee.

 

14. Assignment.  No
assignment or transfer of this Note or any rights or obligations hereunder may be made by any party hereto (by operation of law
or otherwise) without the prior written consent of the other party hereto and any attempted assignment without the required consent
shall be void.

 

[SIGNATURE PAGE FOLLOWS]

 

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IN WITNESS WHEREOF,
Maker, intending to be legally bound hereby, has caused this Note to be duly executed by the undersigned as of the day and year
first above written.

 

	 	GO ACQUISITION CORP.
	 	 	 
	 	By:	/s/ Alejandro San Miguel
	 	Name: 	Alejandro San Miguel
	 	Title:	Secretary

 

[SIGNATURE
PAGE TO PROMISSORY NOTE]

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