Document:

Exhibit
10.2

 

AMENDMENT
NO. 2 TO FIRST LIEN TERM LOAN FACILITY CREDIT AGREEMENT

 

THIS
AMENDMENT NO. 2 TO FIRST LIEN TERM LOAN FACILITY CREDIT AGREEMENT (this "Amendment") is entered into as of October
16, 2020, by and among the Lenders identified on the signature pages hereof (such Lenders, together with their respective successors
and permitted assigns, are referred to hereinafter each individually as a "Lender" and collectively as the "Lenders"),
JAKKS PACIFIC, INC., a Delaware corporation ("JAKKS"), the Subsidiaries of JAKKS identified on the signature
pages hereof as "Borrowers" (together with JAKKS, each, a "Borrower" and individually and collectively,
jointly and severally, the "Borrowers"), and each Loan Party (as defined in the Credit Agreement).

 

WHEREAS,
Borrowers, Cortland Capital Market Services LLC, as collateral agent and as administrative agent (in such capacities, together
with its successors and assigns in such capacities, the “Agent”), and the Lenders are parties to that certain
First Lien Term Loan Facility Credit Agreement dated as of August 9, 2019 (as amended, restated, supplemented or otherwise
modified from time to time, the "Credit Agreement");

 

WHEREAS,
subject to the terms and conditions of, and in reliance on the representations and warranties of the Borrowers and each other
Loan Party (by its execution and delivery of the attached Consent and Reaffirmation) set forth in, this Amendment, the undersigned
Lenders have agreed to amend the Credit Agreement in certain respects, subject to the terms and conditions set forth herein;

 

NOW
THEREFORE, in consideration of the premises and mutual agreements herein contained, the parties hereto agree as follows:

 

1.             Defined
Terms. Unless otherwise defined herein, capitalized terms used herein shall have the meanings ascribed to such terms in the
Credit Agreement.

 

2.             Amendments
to Credit Agreement: Subject to the satisfaction of the conditions set forth in Section 5 below, and in reliance
upon the representations and warranties of each Loan Party (by its execution and delivery of the attached Consent and Reaffirmation)
set forth in Section 6 below, the Credit Agreement is hereby amended as follows:

 

(a)            Section
1.1 of the Credit Agreement is hereby amended by inserting the following new definitions in proper alphabetical order:

 

“Amendment
No. 2” means that certain Amendment No. 2 to First Lien Term Loan Facility Credit Agreement, dated as of October 16,
2020, by and among the Borrowers and the Lenders party thereto.

 

“Amendment
No. 2 Effective Date” means October 16, 2020, being the date on which Amendment No. 2 became effective in accordance
with the terms thereof.

 

“Maine
Pointe” means Maine Pointe, LLC.

 

      

     

    

 

“Maine
Pointe Agreements” means, collectively, the agreement between JAKKS and Maine Pointe dated January 30, 2020, and the
agreement between JAKKS and Maine Pointe dated August 12, 2020, in each case, as the same may be modified or amended from time
to time.

 

(b)            Section
2.8(b) of the Credit Agreement is amended by adding the following new subparagraphs (iv) and (v) immediately following Section
2.8(b)(iii) therein:

 

(iv)
On the Amendment No. 2 Effective Date, Borrowers shall prepay the outstanding principal amount of the Term Loans in accordance
with Section 2.7 in an amount equal to $15,000,000.

 

(v)
Borrowers shall prepay the outstanding principal amount of the Term Loans in accordance with Section 2.7 in an amount equal to
$5,000,000 if (and upon the first to occur of):

 

(A)
as at June 30, 2021, Borrowers’ Liquidity is not less than $45,000,000 as at the end of each calendar month in Borrowers’
fiscal quarter beginning April 1, 2021; provided, that the amount of Liquidity as at the end of each such month shall be
set forth in the Compliance Certificate required to be delivered in connection with the monthly financials for such month pursuant
to Section 5.1 and Schedule 5.1);

 

(B)
at any time after the Amendment No. 2 Effective Date, the ABL Facility in effect on the Amendment No. 2 Effective Date is Replaced
(as defined in the Intercreditor Agreement) and, after giving effect to (and on a pro forma basis for) such Replacement, Availability
is at least $5,000,000 greater than the amount of Availability as in effect prior to such Replacement, provided, that the
Borrowers shall deliver to the Agent the applicable Availability calculations not later than the effective date of such Replacement;
or

 

(C)
at any time after the Amendment No. 2 Effective Date, Availability is at least $5,000,000 greater than the amount of Availability
as of September 30, 2020 (as a result of an increase to the amount of the Borrowing Base, reduction of Reserves required under
the ABL Credit Agreement, or any modification to the ABL Credit Agreement or ABL Facility after Amendment No. 2 Effective Date
in accordance with the Intercreditor Agreement); provided, that the Borrowers shall deliver to the Agent as certification
thereof not later than the Business Day after determination thereof by any of the Borrowers;

 

provided,
that a prepayment pursuant to (x) clause (A) shall be made promptly after the requirement for such prepayment arises in accordance
with clause (A) (and irrespective of any failure to deliver the certification referred to in clause (A)) and, in any event, not
later than September 1, 2021, (y) clause (B) shall be made concurrently with (and as a condition precedent to) the effectiveness
of the applicable Replacement and (z) clause (C) not later than the Business Day after the requirement for such prepayment arises
pursuant to the terms of clause (C) (and irrespective of any failure to deliver the certification referred to in clause (C)).

 

    Amendment No. 2 to First Lien Term Loan Facility Credit Agreement

     

    

 

(c)            Section 7(a)
of the Credit Agreement is hereby amended and restated in its entirety as follows:

 

(a)
Minimum EBITDA. Not permit the EBITDA of the Loan Parties and their Subsidiaries on a consolidated basis for the trailing
twelve (12) month period ending on the last day of each fiscal quarter of the Borrowers for which financial statements are required
to be delivered to the Agent in accordance with this Agreement (commencing with the fiscal quarter ending March 31, 2022) to be
less than $25,000,000; provided, that, the amount of EBITDA for purposes of this Section 7(a) (but not for any other EBITDA
calculations or for purposes of any other provision of this Agreement) shall give effect to (and be increased by the amount of)
fees and expenses of Maine Pointe paid by JAKKS to Maine Pointe under the Maine Pointe Agreements (which shall be the same as
the “Investment” (as defined in the Maine Pointe Agreements) by JAKKS under the Maine Pointe Agreements) in an aggregate
amount not to exceed $4,000,000.

 

3.             Continuing
Effect. Each Loan Party (by its execution and delivery of the attached Consent and Reaffirmation) hereby (a) acknowledges
and consents to this Amendment, (b) confirms, covenants and agrees that the Credit Agreement and each other Loan Document
to which it is a party, in each case, is, and shall continue to be, in full force and effect, and is hereby fully ratified and
confirmed in all respects, and (c) confirms, covenants and agrees that, to the extent that any such Loan Document purports to
assign or pledge to the Agent, for the benefit of the Agent and the Lenders, or to grant to the Agent, for the benefit of the
Agent and the Lenders, a security interest in or Lien on any Collateral as security for the Obligations of the Loan Parties from
time to time existing in respect of the Credit Agreement and the other Loan Documents, such pledge, assignment and/or grant of
the security interest or Lien is hereby ratified and confirmed in all respects. Except as expressly set forth in Section 2
of this Amendment, nothing in this Amendment shall constitute a modification or alteration of the terms, conditions or covenants
of the Credit Agreement or any other Loan Document, or a waiver of any other terms or provisions thereof, and the Credit Agreement
and the other Loan Documents shall remain unchanged and shall continue in full force and effect, in each case as amended hereby.
This Amendment shall not be deemed to operate as, or obligate the Agent or the Lenders to grant any, future consent or modification
of any other term or condition of the Loan Documents or any waiver of any term, condition, Default or Event of Default under the
Loan Documents. Nothing contained herein shall constitute a course of conduct or dealing among the parties. This Amendment is
not intended to, does not and shall not (and shall not be construed or deemed to) limit, amend, modify or otherwise affect any
of the Obligations or any other obligations of the Loan Parties under, or relating to, the Loan Documents (including the Loan
Parties’ obligations to repay the Term Loans in accordance with the terms of the Credit Agreement), all of which obligations
shall remain in full force and effect notwithstanding this Amendment. The execution, delivery and effectiveness of this Amendment
shall not operate as a waiver of any right, power, privilege or remedy of any Lender or the Agent under, or of any provision of,
the Credit Agreement or any other Loan Document. Nothing in this Amendment contained shall be construed as a substitution or novation
of the Obligations outstanding under the Credit Agreement or instruments securing the same, which shall remain in full force and
effect, except solely to the extent expressly modified pursuant to Section 2 hereof.

 

 

    Amendment No. 2 to First Lien Term Loan Facility Credit Agreement

     

    

 

4.             Reaffirmation
and Confirmation. Each Loan Party (by its execution and delivery of the attached Consent and Reaffirmation) hereby ratifies,
affirms, acknowledges and agrees that the Credit Agreement and the other Loan Documents represent the valid, enforceable and collectible
obligations of such Loan Party, and further acknowledges that there are no existing Claims, defenses, personal or otherwise, or
rights of setoff whatsoever with respect to the Credit Agreement or any other Loan Document. Each Loan Party (by its execution
and delivery of the attached Consent and Reaffirmation) hereby agrees that this Amendment in no way acts as a release or relinquishment
of the Liens and rights securing payments of the Obligations. The Liens and rights securing payment of the Obligations are hereby
ratified and confirmed by each Loan Party (by its execution and delivery of the attached Consent and Reaffirmation) in all respects.

 

5.             Conditions
to Effectiveness. This Amendment shall become effective as of the date first written above upon the satisfaction of each of
the following conditions precedent, each in form and substance acceptable to the undersigned Lenders:

 

(a)            Agent
and the undersigned Lenders shall have received a fully executed copy of this Amendment (including the Consent and Reaffirmation
attached hereto) in form and substance acceptable to the undersigned Lenders, together with such other documents, agreements and
instruments as the undersigned Lenders may require or reasonably request;

 

(b)            Agent
and the undersigned Lenders shall have received a fully executed copy of a consent and amendment to the ABL Credit Agreement,
in form and substance acceptable to the undersigned Lenders (the “ABL Consent and Amendment”), pursuant to
which the Lenders and Agent under the ABL Credit Agreement shall consent to the terms of this Amendment (including the making
by the Borrowers of all prepayments of Term Loans pursuant to, and as contemplated by, clauses (iv) and (v) of Section 2.8(b)
of the Credit Agreement, as in effect after giving effect to this Amendment, without requirement for any additional consent from
such Lenders or Agent under the ABL Credit Agreement after the date hereof so long as such prepayments are consummated in accordance
with the provisions of the Credit Agreement and this Amendment);

 

(c)            Borrowers
shall have prepaid (or shall prepay concurrently with the satisfaction of the other conditions to effectiveness set forth in this
Section 5 of this Amendment) the outstanding principal amount of the Term Loans in an amount equal to $15,000,000 as required
pursuant to Section 2.8(b)(iv) of the Credit Agreement (as in effect after giving effect to this Amendment);

 

(d)            after
giving effect to this Amendment, the representations and warranties contained in this Amendment and in the Credit Agreement (as
amended hereby) and each other Loan Document shall be true and correct in all material respects (except that such materiality
qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality
in the text thereof) on and as of the date of this Amendment, in each case as if made on and as of such date, other than representations
and warranties that expressly relate solely to an earlier date (in which case such representations and warranties were true and
correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties
that already are qualified or modified by materiality in the text thereof) on and as of such earlier date);

 

    Amendment No. 2 to First Lien Term Loan Facility Credit Agreement

     

    

 

(e)            no
Default or Event of Default shall have occurred and be continuing on the date hereof, after giving effect to the effectiveness
of this Amendment; and

 

(f)            all
fees and out-of-pocket expenses required to be paid under the Credit Agreement, this Amendment and each other Loan Document (including
the outstanding fees and expenses of the Lenders and the Agent required to be paid hereunder, including without limitation, legal
fees and expenses of Agent and the Lenders), shall have been paid by the Loan Parties, in each case, to the extent such fees and
expenses have been invoiced to Borrowers at least one (1) Business Day prior to the date hereof.

 

6.             Representations
and Warranties. In order to induce the Lenders to enter into this Amendment, each Loan Party (by its execution and delivery
of the attached Consent and Reaffirmation) hereby jointly and severally represent and warrant to Agent and Lenders that, after
giving effect to this Amendment:

 

(a)            all
representations and warranties contained in the Credit Agreement and the other Loan Documents are true and correct in all material
respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are
qualified or modified by materiality in the text thereof) on and as of the date of this Amendment, in each case as if made on
and as of such date, other than representations and warranties that expressly relate solely to an earlier date (in which case
such representations and warranties were true and correct in all material respects (except that such materiality qualifier shall
not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof)
on and as of such earlier date);

 

(b)            no
Default or Event of Default shall have occurred and be continuing on the date hereof, after giving effect to the effectiveness
of this Amendment; and

 

(c)            this
Amendment and the Credit Agreement, as modified hereby, constitute legal, valid and binding obligations of each Loan Party and
are enforceable against each Loan Party in accordance with their respective terms.

 

7.             Miscellaneous.

 

(a)            Costs
and Expenses. Loan Parties agree to pay on demand all reasonable costs and expenses of Agent and the Lenders (including reasonable
attorneys' fees) incurred in connection with the preparation, negotiation, execution, delivery and administration of this Amendment
and all other instruments or documents provided for herein or delivered or to be delivered hereunder or in connection herewith.
All obligations provided herein shall survive any termination of this Amendment and the Credit Agreement as amended hereby.

 

(b)            Choice
of Law and Venue; Jury Trial Waiver; Reference Provision. Without limiting the applicability of any other provision of the
Credit Agreement or any other Loan Document, the terms and provisions set forth in Section 12 of the Credit Agreement are expressly
incorporated herein by reference.

 

    Amendment No. 2 to First Lien Term Loan Facility Credit Agreement

     

    

 

(c)            Counterparts.
This Amendment may be executed in any number of counterparts, and by the parties hereto on the same or separate counterparts,
and each such counterpart, when executed and delivered, shall be deemed to be an original, but all such counterparts shall together
constitute but one and the same Amendment. Delivery of an executed counterpart of this Amendment by facsimile or other electronic
delivery shall be equally effective as delivery of an original executed counterpart of this Amendment.

 

(d)            Loan
Document. This Amendment constitutes a Loan Document.

 

(e)            No
Third Party Beneficiaries. This Amendment shall be binding upon and inure to the benefit of the respective successors and
permitted assignees of the parties hereto. The terms and provisions of this Amendment are for the purpose of defining the relative
rights and obligations of the parties hereto with respect to the transactions contemplated hereby and no Person shall be a third
party beneficiary of any of the terms and provisions of this Amendment.

 

(f)             Headings.
Section and paragraph headings herein are included for convenience of reference only and shall not constitute a part of this Amendment
for any other purpose.

 

(g)            Severability.
Any provision of this Amendment that 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 portions hereof or affecting the validity
or enforceability of such provision in any other jurisdiction.

 

(h)            Further
Assurances. Without limiting and notwithstanding anything else in this Amendment, the Credit Agreement or any other Loan Document,
each Loan Party (by its execution and delivery of the attached Consent and Reaffirmation) hereby covenant and agree to execute
and deliver any and all further documents, agreements and instruments, and take all further actions, as may be required under
applicable law, or as any Lender or Agent may request in order to effect the purpose or spirit of this Amendment.

 

(i)             Acknowledgments.
Each Loan Party (by its execution and delivery of the attached Consent and Reaffirmation) hereby acknowledges that (a) such Loan
Party has been advised by counsel in the negotiation, execution and delivery of this Amendment, (b) neither any Lender nor Agent
has any fiduciary relationship with, or duty, to such Loan Party arising out of or in connection with this Amendment or any of
the other Loan Documents, and the relationship between Agent and any of the Lenders, on one hand, and such Loan Party, on the
other hand, in connection herewith or therewith is solely that of debtor and creditor, and (c) no joint venture is created hereby
or by the other Loan Documents, or otherwise exists by virtue of the transactions contemplated hereby among the Lenders or among
the Loan Parties and the Lenders.

 

8.             Release.

 

(a)            Each
Loan Party (by its execution and delivery of the attached Consent and Reaffirmation) hereby acknowledges and agrees that: (a)
neither it nor any of its Subsidiaries, Affiliates or other related persons has any claim or cause of action against any Lender
or Agent, or any Lender-Related Person or Agent-Related Person and (b) the Lenders and Agent have heretofore properly performed
and satisfied in a timely manner all of their obligations to the Loan Parties and all of their Subsidiaries and Affiliates.

 

    Amendment No. 2 to First Lien Term Loan Facility Credit Agreement

     

    

 

(b)            In
consideration of the agreements of Agent and Lenders contained herein and in the other Loan Documents, and for other good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, each Borrower and each other Loan Party (by
its execution and delivery of the attached Consent and Reaffirmation), on behalf of itself and its successors, assigns, and its
present and former members, managers, shareholders, affiliates, subsidiaries, divisions, predecessors, directors, officers, attorneys,
employees, agents, legal representatives and other representatives (each Loan Party and all such other Persons being hereinafter
referred to collectively as the "Releasing Parties" and individually as a "Releasing Party"),
hereby absolutely, unconditionally and irrevocably releases, remises and forever discharges Agent and Lenders, and their successors
and assigns, and their present and former shareholders, affiliates, subsidiaries, divisions, predecessors, directors, officers,
attorneys, employees, agents and other representatives (Agent, each Lender and all such other Persons being hereinafter referred
to collectively as the "Releasees" and individually as a "Releasee"), of and from all demands,
actions, causes of action, suits, covenants, contracts, controversies, agreements, promises, sums of money, accounts, bills, reckonings,
damages and any and all other claims, counterclaims, defenses, rights of set-off, demands and liabilities whatsoever (individually,
a "Claim" and collectively, "Claims") of every name and nature, known or unknown, suspected
or unsuspected, both at law and in equity, which any such Loan Party or any of their respective successors, assigns, or other
legal representatives may now or hereafter own, hold, have or claim to have against the Releasees or any of them for, upon, or
by reason of any circumstance, action, cause or thing whatsoever in relation to, or in any way in connection with any of the Credit
Agreement, or any of the other Loan Documents or transactions thereunder or related thereto which arises at any time on or prior
to the day and date of this Amendment.

 

(c)            Each
Borrower and each other Loan Party (by its execution and delivery of the attached Consent and Reaffirmation) understands, acknowledges
and agrees that the release set forth above may be pleaded as a full and complete defense and may be used as a basis for an injunction
against any action, suit or other proceeding which may be instituted, prosecuted or attempted in breach of the provisions of such
release.

 

(d)            Each
Borrower and each other Loan Party (by its execution and delivery of the attached Consent and Reaffirmation) agrees that no fact,
event, circumstance, evidence or transaction which could now be asserted or which may hereafter be discovered shall affect in
any manner the final, absolute and unconditional nature of the release set forth above.

 

(e)            As
to each and every Claim released hereunder, each Borrower and each Loan Party hereby represents that it has received the advice
of legal counsel with regard to the releases contained herein, and having been so advised, specifically waives the benefit of
any applicable federal or state law, if any, pertaining to general releases after having been advised by its legal counsel with
respect thereto. The Loan Parties further expressly acknowledge and agree that this general release shall have full force and
effect notwithstanding the occurrence of a breach of the terms of this Amendment or any Event of Default or Default under the
Credit Agreement.

 

    Amendment No. 2 to First Lien Term Loan Facility Credit Agreement

     

    

 

(f)            Each
Releasing Party hereby absolutely, unconditionally and irrevocably covenants and agrees with and in favor of each Releasee that
it will not sue (at law, in equity, in any regulatory proceeding or otherwise) any Releasee on the basis of any Claim released,
remised and discharged by any Releasing Party pursuant to this Section 8. If any Releasing Party violates the foregoing
covenant, each Loan Party, jointly and severally, for itself and its successors and assigns, and its present and former members,
managers, shareholders, affiliates, subsidiaries, divisions, predecessors, directors, officers, attorneys, advisors, employees,
agents, legal representatives and other representatives, agrees to pay, in addition to such other damages as any Releasee may
sustain as a result of such violation, all attorneys' fees and costs incurred by any Releasee as a result of such violation.

 

 

[signature
pages follow]

 

    Amendment No. 2 to First Lien Term Loan Facility Credit Agreement

     

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their respective officers thereunto duly authorized
and delivered as of the date first above written.

 

	 	BORROWERS
	 	 	 	 
	 	 	 	 
	 	JAKKS PACIFIC,
    INC.,
	 	a Delaware
    corporation, as a Borrower, as Borrower Representative and as a Guarantor
	 	 	 	 
	 	By:	 	/s/
Stephen G. Berman
	 	Name: Stephen
    G. Berman
	 	Title: Chief
    Executive Officer
	 	 	 	 
	 	 	 	 
	 	DISGUISE,
    INC.,
	 	a Delaware
    corporation, as a Borrower and a Guarantor
	 	 	 	 
	 	By:	 	/s/ Stephen
G. Berman
	 	Name: Stephen
    G. Berman
	 	Title: Chief
    Executive Officer
	 	 	 	 
	 	 	 	 
	 	JAKKS SALES
    LLC,
	 	a Delaware
    limited liability company, as a Borrower and a Guarantor
	 	 	 	 
	 	By:	 	/s/ Stephen
G. Berman
	 	Name: Stephen
    G. Berman
	 	Title: Chief
    Executive Officer
	 	 	 	 
	 	 	 	 
	 	MAUI, INC.,
	 	an Ohio corporation,
    as a Borrower and a Guarantor
	 	 	 	 
	 	By:	 	/s/ Stephen
G. Berman
	 	Name: Stephen
    G. Berman
	 	Title: Chief
    Executive Officer

 

    Signature Page to Amendment No. 2 to First Lien Term Loan Facility Credit Agreement

     

    

 

	 	MOOSE MOUNTAIN
    MARKETING, INC.,
	 	a New Jersey
    corporation, as a Borrower and a Guarantor
	 	 	 	 
	 	By:	 	/s/ Stephen G. Berman
	 	Name: Stephen
    G. Berman
	 	Title: Chief
    Executive Officer

 
    

 

    Signature Page to Amendment No. 2 to First Lien Term Loan Facility Credit Agreement

     

    

 

	 	LENDERS:
	 	 
	 	AXAR MASTER FUND, LTD.
	 	By: Axar Capital Management LP, its investment manager
	 	 
	 	By: 	/s/ Andrew Axelrod
	 	Name: Andrew Axelrod
	 	Title: Authorized Signatory
	 	 
	 	 
	 	STAR V PARTNERS LLC.
	 	By: Axar Capital Management LP, its investment manager
	 	 
	 	By: 	/s/ Andrew Axelrod
	 	Name: Andrew Axelrod
	 	Title: Authorized Signatory
	 	 
	 	 
	 	BLACKWELL PARTNERS LLC –
    SERIES E
	 	solely with respects to the
    assets for which Axar Capital Management LP acts as its investment manager
	 	 
	 	By: Axar Capital Management LP, its investment manager
	 	 
	 	By: 	/s/ Andrew Axelrod
	 	Name: Andrew Axelrod
	 	Title: Authorized Signatory

 

    Signature Page to Amendment No. 2 to First Lien Term Loan Facility Credit Agreement

     

    

 

	 	BSP SPECIAL SITUATIONS MASTER
    A L.P.
	 	By: Benefit Street Partners
    Special Situations GP L.P., its general partner
	 	By: Benefit Street Partners
    Special Situations Ultimate GP L.L.C., its general partner
	 	 
	 	By: 	/s/ Todd Marsh
	 	Name: Todd Marsh
	 	Title: Authorized Signer
	 	 
	 	 
	 	Business Development Corporation of America
	 	 
	 	By: 	/s/ Todd Marsh
	 	Name: Todd Marsh
	 	Title: Authorized Signer
	 	 
	 	 
	 	Benefit Street Partners Debt
    Fund IV LP
	 	By: Benefit Street Partners
    Debt Fund IV GP LP, its general partner
	 	By: Benefit Street Partners Debt Fund IV Ultimate GP Ltd., its general partner
	 	 
	 	By: 	/s/ Mike Frick
	 	Name: Mike Frick
	 	Title: Authorized Signatory
	 	 
	 	Benefit Street Partners Debt
    Fund IV Master (Non- US) L.P.
	 	By: Benefit Street Partners
    Debt Fund IV (Non-US) GP LP, its general partner
	 	By: Benefit Street Partners Debt Fund IV Ultimate GP Ltd., its general partner
	 	 
	 	By: 	/s/ Mike Frick
	 	Name: Mike Frick
	 	Title: Authorized Signatory

 

    Signature Page to Amendment No. 2 to First Lien Term Loan Facility Credit Agreement

     

    

 

	 	Benefit Street Partners SMA-K
    L.P.
	 	By: Benefit Street Partners
    SMA-K GP L.P., its general partner
	 	By: Benefit Street Partners SMA-K Ultimate GP LLC, its general partner
	 	 
	 	By: 	/s/ Mike Frick
	 	Name: Mike Frick
	 	Title: Authorized Signatory
	 	 
	 	 
	 	Benefit Street Partners SMA-C
    II L.P.
	 	By: Benefit Street Partners L.L.C. its investment advisor
	 	 
	 	By: 	/s/ Mike Frick
	 	Name: Mike Frick
	 	Title: Authorized Signatory
	 	 
	 	 
	 	Benefit Street Partners Dislocation
    Fund L.P, By: Benefit Street Partners Dislocation Fund GP L.P.,
	 	its general partner
	 	By: BSP Ultimate GP Ltd, its general partner
	 	 
	 	By: 	/s/ Mike Frick
	 	Name: Mike Frick
	 	Title: Authorized Signer
	 	 
	 	 
	 	Benefit Street Partners Dislocation
    Fund (Cayman) Master L.P.,
	 	Benefit Street Partners Dislocation GP L.P. 
	 	By: Benefit Street Partners Ultimate
    GP Ltd.
	 	 
	 	By: 	/s/ Mike Frick
	 	Name: Mike Frick
	 	Title: Authorized Signer

 

    Signature Page to Amendment No. 2 to First Lien Term Loan Facility Credit Agreement

     

    

 

	 	UBS O’Connor LLC on behalf
    of:
	 	 
	 	NINETEEN77 GLOBAL MULTI-STRATEGY ALPHA MASTER LIMITED
	 	 
	 	By: 	/s/ James DelMedico
	 	Name: James DelMedico
	 	Title: Executive Director
	 	 
	 	 
	 	By: 	/s/ William Lawlor
	 	Name: William Lawlor
	 	Title: Director

 

 

    Signature Page to Amendment No. 2 to First Lien Term Loan Facility Credit Agreement

     

    

 

CONSENT
AND REAFFIRMATION

 

Each
of the undersigned, as a Guarantor and a Loan Party, hereby (i) acknowledges receipt of a copy of the foregoing Amendment
No. 2 to First Lien Term Loan Facility Credit Agreement (terms defined therein and used, but not otherwise defined, herein
shall have the meanings assigned to them therein); (ii) consents to each Borrower's execution and delivery thereof; (iii) agrees
to be bound thereby, including Section _8 of the foregoing Amendment No. 2 to First Lien Term Loan Facility Credit
Agreement; and (iv) affirms that nothing contained therein shall modify in any respect whatsoever any Loan Documents to which
the undersigned is a party and reaffirms that each such Loan Document is and shall continue to remain in full force and effect.
Although each Loan Party has been informed of the matters set forth herein and has acknowledged and agreed to same, each Loan
Party understands that Agent and Lenders have no obligation to inform such Loan Party of such matters in the future or to seek
such Loan Party's acknowledgment or agreement to future waivers, consents or amendments, and nothing herein shall create such
a duty.

 

 

	 	A.S. DESIGN
    LIMITED, as a Guarantor
	 	 	 	 
	 	By:	 	/s/
Stephen G. Berman
	 	Name: Stephen
    G. Berman
	 	Title: Director
	 	 	 	 
	 	 	 	 
	 	KIDS ONLY,
    LIMITED, as a Guarantor
	 	 	 	 
	 	By:	 	/s/
Stephen G. Berman 
	 	Name: Stephen
    G. Berman
	 	Title: Director
	 	 	 	 
	 	 	 	 
	 	JAKKS PACIFIC
    (ASIA) LIMITED, as a Guarantor
	 	 	 	 
	 	By:	 	/s/
Stephen G. Berman 
	 	Name: Stephen
    G. Berman
	 	Title: Director
	 	 	 	 
	 	 	 	 
	 	MOOSE MOUNTAIN
    TOYMAKERS LIMITED, as a Guarantor
	 	 	 	 
	 	By:	 	/s/
Stephen G. Berman
	 	Name: Stephen
    G. Berman
	 	Title: Director
	 	 	 	 
	 	 	 	 
	 	ARBOR TOYS
    COMPANY LIMITED, as a Guarantor
	 	 	 	 
	 	By:	 	/s/
Stephen G. Berman 
	 	Name: Stephen
    G. Berman
	 	Title: Director

 

    Signature Page to Consent and Reaffirmation to Amendment No. 2 to First Lien Term Loan Facility Credit Agreement

     

    

  

	 	TOLLYTOTS
    LIMITED, as a Guarantor
	 	 	 	 
	 	By:	 	/s/
Stephen G. Berman 
	 	Name: Stephen
    G. Berman
	 	Title: Director
	 	 	 	 
	 	 	 	 
	 	JAKKS PACIFIC
    (H.K.) LIMITED, as a Guarantor
	 	 	 	 
	 	By:	 	/s/
Stephen G. Berman
	 	Name: Stephen
    G. Berman
	 	Title: Director
	 	 	 	 
	 	 	 	 
	 	DISGUISE
    LIMITED, as a Guarantor
	 	 	 	 
	 	By:	 	/s/
Stephen G. Berman 
	 	Name: Stephen
    G. Berman
	 	Title: Director

 

    Signature Page to Consent and Reaffirmation to Amendment No. 2 to First Lien Term Loan Facility Credit AgreementExhibit 4.1

 

SPECIMEN UNIT CERTIFICATE

 

NUMBER UNITS U-

 

	
        SEE REVERSE FOR

        CERTAIN

        DEFINITIONS
	 	Altimar Acquisition Corporation	 	 

 

CUSIP [ ]

 

UNITS CONSISTING OF ONE CLASS A
ORDINARY SHARE AND ONE-THIRD OF ONE REDEEMABLE

 

WARRANT TO PURCHASE ONE CLASS A
ORDINARY SHARE

 

THIS CERTIFIES THAT
is the owner of Units.

 

Each Unit (“Unit”)
consists of one (1) Class A ordinary share, par value $0.0001 per share (“Ordinary Shares”), of Altimar Acquisition
Corporation, a Cayman Islands exempted company (the “Company”), and one-third (1/3) of one redeemable warrant (each
whole warrant, a “Warrant”). Each Warrant entitles the holder to purchase one (1) Ordinary Share for $11.50 per
share (subject to adjustment). Each Warrant will become exercisable on the later of (i) thirty (30) days after the Company’s
completion of a merger, share exchange, asset acquisition, share purchase, reorganization or other similar business combination
with one or more businesses (each, a “Business Combination”), and (ii) twelve (12) months from the closing of
the Company’s initial public offering, and will expire unless exercised before 5:00 p.m., New York City Time, on the date
that is five (5) years after the date on which the Company completes its initial Business Combination, or earlier upon redemption
or liquidation (the “Expiration Date”). The Ordinary Shares and Warrants comprising the Units represented by this certificate
are not transferable separately prior to [ ], 2020, unless Goldman Sachs & Co. LLC elects to allow earlier separate trading,
subject to the Company’s filing with the Securities and Exchange Commission of a Current Report on Form 8-K containing
an audited balance sheet reflecting the Company’s receipt of the gross proceeds of the initial public offering and issuing
a press release announcing when separate trading will begin. No fractional warrants will be issued upon separation of the Units
and only whole warrants are exerciseable. The terms of the Warrants are governed by a Warrant Agreement, dated as of [ ], 2020,
between the Company and Continental Stock Transfer & Trust Company, as Warrant Agent, and are subject to the terms and
provisions contained therein, all of which terms and provisions the holder of this certificate consents to by acceptance hereof.
Copies of the Warrant Agreement are on file at the office of the Warrant Agent at 1 State Street, 30th Floor, New York, New York
10004, and are available to any Warrant holder on written request and without cost.

 

Upon the consummation
of the Business Combination, the Units represented by this certificate will automatically separate into the Class A Ordinary
Shares and Warrants comprising such Units.

 

This certificate is
not valid unless countersigned by the Transfer Agent and Registrar of the Company.

 

This certificate shall
be governed by and construed in accordance with the internal laws of the State of New York.

 

Witness the facsimile
signatures of its duly authorized officers.

 

	By	 	 	 	 
	 	 	Chief Executive Officer	 	Chief Financial Officer

 

     

     

    

 

Altimar Acquisition Corporation

 

The Company will furnish
without charge to each unitholder who so requests, a statement of the powers, designations, preferences and relative, participating,
optional or other special rights of each class of shares or series thereof of the Company and the qualifications, limitations or
restrictions of such preferences and/or rights.

 

The following abbreviations,
when used in the inscription on the face of this certificate, shall be construed as though they were written out in full according
to applicable laws or regulations:

 

	TEN

COM	—	as tenants in common	UNIF GIFT

 MIN ACT	—	 	Custodian	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	(Cust)	 	(Minor)
	 	 	 	 	 	 
	TEN

 ENT	—	as tenants by the entireties	 	 	under Uniform Gifts to

 Minors Act
	 	 	 	 	 	 
	 	 	 	 	 	(State)
	 	 	 	 	 	 	 	 
	JT
    TEN	—	as joint tenants with right of survivorship

 and not as tenants in common	 	 	 	 	 

 

Additional abbreviations may also be used
though not in the above list.

 

For value received, hereby sells, assigns and transfers unto

 

PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING
NUMBER OF ASSIGNEE

 

(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING
ZIP CODE, OF ASSIGNEE)

 

Units represented by
the within Certificate, and do hereby irrevocably constitute and appoint Attorney to transfer the said Units on the books of the
within named Company with full power of substitution in the premises.

 

	Dated	 	 	 	 
	 	 	 	 	Notice: The signature to this assignment must correspond with the name as written upon the face of the certificate in every particular, without alteration or enlargement or any change whatever.

 

	Signature(s) Guaranteed:	 	 
	THE SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15 OR ANY SUCCESSOR RULES).	 	 

 

     

     

    

 

In each case, as more
fully described in the Company’s final prospectus dated [ ], 2020, the holder(s) of this certificate shall be entitled
to receive a pro-rata portion of certain funds held in the trust account established in connection with the Company’s initial
public offering only in the event that (i) the Company redeems the Ordinary Shares sold in its initial public offering and
liquidates because it does not consummate an initial business combination within the period of time set forth in the Company’s
amended and restated memorandum and articles of association, as the same may be amended from time to time, (ii) the Company
redeems the Ordinary Shares sold in its initial public offering in connection with a shareholder vote to amend the Company’s
amended and restated memorandum and articles of association (A) that would modify the substance or timing of the Company’s
obligation to provide holders of the Ordinary Shares the right to have their shares redeemed in connection with the Company’s
initial business combination or to redeem 100% of the Ordinary Shares if the Company does not complete its initial business combination
within the time period set forth therein or (B) with respect to any other provision relating to the rights of holders of the
Ordinary Shares, or (iii) if the holder(s) seek(s) to redeem for cash his, her or its respective Ordinary Shares
in connection with a tender offer (or proxy solicitation, solely in the event the Company seeks shareholder approval of the proposed
initial business combination) setting forth the details of a proposed initial business combination. In no other circumstances shall
the holder(s) have any right or interest of any kind in or to the trust account.

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