Document:

Exhibit 10.1

 

FORM OF LOCK-UP AGREEMENT

 

THIS
LOCK-UP AGREEMENT (this “Agreement”) is made and entered into as of September 4, 2018 by and
among (i) DOTA Holdings Limited, a Cayman Island corporation (together with its successors, “Pubco”),
(ii) Draper Oakwood Investments, LLC, a Delaware limited liability company, in the capacity under the Business Combination
Agreement as the Purchaser Representative (including any successor Purchaser Representative appointed in accordance with the Business
Combination Agreement, the “Purchaser Representative”), and (iii) the undersigned (“Holder”).
Any capitalized term used but not defined in this Agreement will have the meaning ascribed to such term in the Business Combination
Agreement.

 

WHEREAS, on or about
the date hereof, (i) Draper Oakwood Technology Acquisition, Inc., a Delaware corporation (together with its successors, including
the Transaction Surviving Corporation (as defined in the Merger Agreement), “Purchaser”), (ii) Pubco,
(iii) DOTA Merger Subsidiary Inc., a Delaware corporation and a wholly-owned subsidiary of Pubco (“Merger Sub”),
(iv) the Purchaser Representative, (v) Reebonz Limited, a Singapore corporation (the “Company”), and
(vi) each of the holders of the outstanding capital shares of the Company named as Sellers therein (the “Sellers”),
including Holder, are entering into that certain Business Combination Agreement (as amended from time to time in accordance with
the terms thereof, the “Business Combination Agreement”), pursuant to which, subject to the terms and
conditions thereof, among other matters, (a) Purchaser will merge with and into Merger Sub (the “Merger”),
with Purchaser continuing as the surviving entity and a wholly-owned subsidiary of Pubco, and with holders of Purchaser’s
securities receiving substantially equivalent securities

 

of Pubco, and (b) Pubco will (the “Securities Exchange”
and together with the Merger and the other transactions contemplated by the Business Combination Agreement, the “Transactions”)
(i) acquire all of the issued and outstanding capital shares of the Company from the Sellers in exchange for ordinary shares of
Pubco, with the Company becoming a wholly-owned subsidiary of Pubco, and (ii) assume the Company’s outstanding options, warrants
and other convertible securities (with equitable adjustments to the number and exercise price of such assumed options, warrants
and other convertible securities) with the result that such assumed options, warrants and other convertible securities shall be
exercisable into ordinary shares of Pubco;

 

WHEREAS, as
of the date hereof, Holder is a holder of capital shares of the Company in such amounts as set forth underneath Holder’s
name on the signature page hereto; and

 

WHEREAS,
pursuant to the Business Combination Agreement, and in view of the valuable consideration to be received by Holder thereunder,
including the rights under the Registration Rights Agreement, the parties desire to enter into this Agreement, pursuant to which
the Exchange Shares to be received by Holder in the Securities Exchange (all such securities, together with any securities paid
as dividends or distributions with respect to such securities or into which such securities are exchanged or converted, the “Restricted
Securities”) shall become subject to limitations on disposition as set forth herein.

 

    	 	1	 

     

    

 

NOW, THEREFORE,
in consideration of the premises set forth above, which are incorporated in this Agreement as if fully set forth below, and intending
to be legally bound hereby, the parties hereby agree as follows:

 

1. 
Lock-Up Provisions.

 

(a) 
 Holder hereby agrees not to, during the period commencing from the Closing and (A) with respect to fifty percent (50%)
of the Restricted Securities, ending on the earlier of (x) one (1) year after the date of the Closing, and (y) the date after the
Closing on which Pubco consummates a liquidation, merger, share exchange or other similar transaction with an unaffiliated third
party that results in all of Pubco’s shareholders having the right to exchange their equity holdings in Pubco for cash, securities
or other property (a “Subsequent Transaction”) and (B) with respect to the remaining fifty percent (50%)
of the Restricted Securities, ending on the earliest of (x) the one (1) year anniversary of the date of the Closing, (y) the date
after the Closing on which Pubco consummates a Subsequent Transaction and (z) the date on which the closing sale price of Pubco
Ordinary Shares equals or exceeds $12.50 per share (as adjusted for stock splits, stock dividends, reorganizations and recapitalizations)
for any twenty (20) trading days within any thirty (30) trading day period (the “Lock-Up Period”): (i)
lend, offer, pledge, hypothecate, encumber, donate, assign, sell, contract to sell, sell any option or contract to purchase, purchase
any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or
indirectly, any Restricted Securities, (ii) enter into any swap or other arrangement that transfers to another, in whole or
in part, any of the economic consequences of ownership of the Restricted Securities, or (iii) publicly disclose the intention
to do any of the foregoing, whether any such transaction described in clauses (i), (ii) or (iii) above is to be settled by delivery
of Restricted Securities or other securities, in cash or otherwise (provided, however, that for the avoidance of doubt, the foregoing
shall not preclude Holder from engaging in any transaction in the securities of another company in the same sector or in a similar
sector as that of the Company or Pubco) (any of the foregoing described in clauses (i), (ii) or (iii), a “Prohibited
Transfer”). The foregoing sentence shall not apply to the transfer of any or all of the Restricted Securities owned
by Holder (other than its rights to the Holdback Shares until such Holdback Shares are issued to Holder in accordance with the
terms and conditions of the Business Combination Agreement) (I) by gift, will or intestate succession upon the death of Holder,
(II) to any Permitted Transferee or (III) pursuant to a court order or settlement agreement related to the distribution of assets
in connection with the dissolution of marriage or civil union; provided, however, that in any of cases (I), (II) or (III) it shall
be a condition to such transfer that the transferee executes and delivers to Pubco and the Purchaser Representative an agreement
stating that the transferee is receiving and holding the Restricted Securities subject to the provisions of this Agreement applicable
to Holder, and there shall be no further transfer of such Restricted Securities except in accordance with this Agreement. As used
in this Agreement, the term “Permitted Transferee” shall mean: (1) the members of Holder’s immediate
family (for purposes of this Agreement, “immediate family” shall mean with respect to any natural person, any of the
following: such person’s spouse, the siblings of such person and his or her spouse, and the direct descendants and ascendants
(including adopted and step children and parents) of such person and his or her spouses and siblings), (2) any trust for the direct
or indirect benefit of Holder or the immediate family of Holder, (3) if Holder is a trust, to the trustor or beneficiary of such
trust or to the estate of a beneficiary of such trust, (4) if Holder is an entity, as a distribution to limited partners, shareholders,
members of, or owners of similar equity interests in Holder upon the liquidation and dissolution of Holder or (5) to any affiliate
of Holder. Notwithstanding the foregoing, Holder may create a charge over the Restricted Securities or otherwise grant a security
interest over or create any encumbrance over the Restricted Securities, provided that such charge, security interest or encumbrance
can only be enforced after the end of the Lock-Up Period; and provided, further, that Holder may not create any such charge, security
interest or encumbrance with respect to its rights to any Holdback Shares until such Holdback Shares are actually issued in accordance
with the Business Combination Agreement.

 

(b) 
Holder further acknowledges and agrees that it shall not be permitted to engage in any Prohibited Transfer with respect
to any Holdback Shares until such Holdback Shares are issued to Holder in accordance with the terms and conditions of the Business
Combination Agreement.

 

(c) 
If any Prohibited Transfer is made or attempted contrary to the provisions of this Agreement, such purported Prohibited
Transfer shall be null and void ab initio, and Pubco shall refuse to recognize any such purported transferee of the Restricted
Securities as one of its equity holders for any purpose. In order to enforce this Section 1, Pubco may impose stop-transfer
instructions with respect to the Restricted Securities of Holder (and Permitted Transferees and assigns thereof) until the end
of the Lock-Up Period.

 

    	 	2	 

     

    

 

(d) 
During the Lock-Up Period, each certificate evidencing any Restricted Securities shall be stamped or otherwise imprinted
with a legend in substantially the following form, in addition to any other applicable legends:

 

“THE SECURITIES REPRESENTED
BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON TRANSFER SET FORTH IN A LOCK-UP AGREEMENT, DATED AS OF SEPTEMBER 4,
2018, BY AND AMONG THE ISSUER OF SUCH SECURITIES (THE “ISSUER”), A CERTAIN REPRESENTATIVE OF THE ISSUER NAMED THEREIN
AND THE ISSUER’S SECURITY HOLDER NAMED THEREIN, AS AMENDED. A COPY OF SUCH LOCK-UP AGREEMENT WILL BE FURNISHED WITHOUT CHARGE
BY THE ISSUER TO THE HOLDER HEREOF UPON WRITTEN REQUEST.” 

 

(e) 
For the avoidance of any doubt, Holder shall retain all of its rights as a shareholder of Pubco with respect to the Restricted
Securities during the Lock-Up Period, including the right to vote any Restricted Securities, but subject to the obligations under
the Business Combination Agreement.

 

2. 
Miscellaneous. 

 

(a) 
Termination of Business Combination Agreement. This Agreement shall be binding upon Holder upon Holder’s execution
and delivery of this Agreement, but this Agreement shall only become effective upon the Closing. In the event that the Business
Combination Agreement is terminated in accordance with its terms prior to the Closing, this Agreement shall automatically terminate
and become null and void, and the parties shall have no obligations hereunder. 

 

(b) 
Binding Effect; Assignment. This Agreement and all of the provisions hereof shall be binding upon and inure to the
benefit of the parties hereto and their respective permitted successors and assigns. This Agreement and all obligations of Holder
are personal to Holder and may not be transferred or delegated by Holder at any time. Pubco may freely assign any or all of its
rights under this Agreement, in whole or in part, to any successor entity (whether by merger, consolidation, equity sale, asset
sale or otherwise) without obtaining the consent or approval of Holder (but from and after the Closing, the consent of the Purchaser
Representative shall be required). If the Purchaser Representative is replaced in accordance with the terms of the Business Combination
Agreement, the replacement Purchaser Representative shall automatically become a party to this Agreement as if it were the original
Purchaser Representative hereunder. 

 

(c) 
Third Parties. Nothing contained in this Agreement or in any instrument or document executed by any party in connection
with the transactions contemplated hereby shall create any rights in, or be deemed to have been executed for the benefit of, any
person or entity that is not a party hereto or thereto or a successor or permitted assign of such a party. 

 

(d) 
Governing Law; Jurisdiction. This Agreement and any dispute or controversy arising out of or relating to this Agreement
shall be governed by and construed in accordance with the laws of the State of New York, without regard to the conflict of law
principles thereof. All Actions arising out of or relating to this Agreement shall be heard and determined exclusively in any state
or federal court located in New York, New York (or in any appellate courts thereof) (the “Specified Courts”).
Each party hereto hereby (i) submits to the exclusive jurisdiction of any Specified Court for the purpose of any Action arising
out of or relating to this Agreement brought by any party hereto and (ii) irrevocably waives, and agrees not to assert by
way of motion, defense or otherwise, in any such Action, any claim that it is not subject personally to the jurisdiction of the
above-named courts, that its property is exempt or immune from attachment or execution, that the Action is brought in an inconvenient
forum, that the venue of the Action is improper, or that this Agreement or the transactions contemplated hereby may not be enforced
in or by any Specified Court. Each party agrees that a final judgment in any Action shall be conclusive and may be enforced in
other jurisdictions by suit on the judgment or in any other manner provided by Law. Each party irrevocably consents to the service
of the summons and complaint and any other process in any other action or proceeding relating to the transactions contemplated
by this Agreement, on behalf of itself, or its property, by personal delivery of copies of such process to such party at the applicable
address set forth in Section 2(g). Nothing in this Section 2(d) shall affect the right of any party
to serve legal process in any other manner permitted by applicable law. 

 

    	 	3	 

     

    

 

(e) 
WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW
ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY ACTION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION
WITH THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. EACH PARTY HERETO (i) CERTIFIES THAT NO REPRESENTATIVE OF ANY OTHER
PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF ANY ACTION, SEEK TO ENFORCE THAT
FOREGOING WAIVER AND (ii) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY,
AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 2(e). 

 

(f) 
Interpretation. The titles and subtitles used in this Agreement are for convenience only and are not to be considered
in construing or interpreting this Agreement. In this Agreement, unless the context otherwise requires: (i) any pronoun used in
this Agreement shall include the corresponding masculine, feminine or neuter forms, and the singular form of nouns, pronouns and
verbs shall include the plural and vice versa; (ii) “including” (and with correlative meaning “include”)
means including without limiting the generality of any description preceding or succeeding such term and shall be deemed in each
case to be followed by the words “without limitation”; (iii) the words “herein,” “hereto,”
and “hereby” and other words of similar import in this Agreement shall be deemed in each case to refer to this Agreement
as a whole and not to any particular section or other subdivision of this Agreement; and (iv) the term “or” means “and/or”.
The parties have participated jointly in the negotiation and drafting of this Agreement. Consequently, in the event an ambiguity
or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the parties hereto,
and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any provision
of this Agreement. 

 

    	 	4	 

     

    

 

(g) 
Notices. All notices, consents, waivers and other communications hereunder shall be in writing and shall be deemed
to have been duly given when delivered (i) in person, (ii) by facsimile or other electronic means, with affirmative confirmation
of receipt, (iii) one Business Day after being sent, if sent by reputable, nationally recognized overnight courier service or (iv)
three (3) Business Days after being mailed, if sent by registered or certified mail, pre-paid and return receipt requested, in
each case to the applicable party at the following addresses (or at such other address for a party as shall be specified by like
notice): 

 

	
        If to Pubco prior to the Closing or to the Purchaser Representative, to:

         

        Draper Oakwood Investments, LLC

        55 East 3rd Ave.

        San Mateo, CA 94401, USA

        Attn: Aamer Sarfraz

        Telephone No.: +44-777-049-0449

        Email: aamer@draperoakwood.com

         
	
        with a copy (that shall not constitute notice), to:

         

        Ellenoff Grossman & Schole LLP

        1345 Avenue of the Americas, 11th Floor

        New York, New York 10105

        Attn:    Stuart Neuhauser, Esq.

                     Douglas Ellenoff, Esq.

        Facsimile No.: (212) 370-7889

        Telephone No.: (212) 370-1300

        Email:   sneuhauser@egsllp.com

                     ellenoff@egsllp.com

         

	
        If to Pubco from and after the Closing, to:

         

        Reebonz Holding Limited

        5 Tampines North Drive 5

        Singapore 528548

        Attn: Samuel Lim Kok Eng

        Facsimile No.: 011 65 6499 9443

        Telephone No.: 011 65 6511 8475

        Email: samuel.lim@reebonz.com

         
	
        with a copy (that will not constitute notice) to: 

         

        Dentons Rodyk & Davidson LLP

        80 Raffles Place, #33-00 UOB Plaza 1

        Singapore 048624

        Attn: S. Sivanesan

        Facsimile No.: 011 65 6532 1838

        Telephone No.: 011 65 6885 3685

        Email: sivanesan.s@dentons.com

         

        and

         

        the Purchaser Representative (and its copies for notices hereunder)

         

	If to Holder, to:  the address set forth below Holder’s name on the signature page to this Agreement.

 

(h) 
Amendments and Waivers. Any term of this Agreement may be amended and the observance of any term of this Agreement
may be waived (either generally or in a particular instance, and either retroactively or prospectively) only with the written consent
of Pubco, the Purchaser Representative and Holder. No failure or delay by a party in exercising any right hereunder shall operate
as a waiver thereof. No waivers of or exceptions to any term, condition, or provision of this Agreement, in any one or more instances,
shall be deemed to be or construed as a further or continuing waiver of any such term, condition, or provision. 

 

(i) 
Severability. In case any provision in this Agreement shall be held invalid, illegal or unenforceable in a jurisdiction,
such provision shall be modified or deleted, as to the jurisdiction involved, only to the extent necessary to render the same valid,
legal and enforceable, and the validity, legality and enforceability of the remaining provisions hereof shall not in any way be
affected or impaired thereby nor shall the validity, legality or enforceability of such provision be affected thereby in any other
jurisdiction. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the
parties will substitute for any invalid, illegal or unenforceable provision a suitable and equitable provision that carries out,
so far as may be valid, legal and enforceable, the intent and purpose of such invalid, illegal or unenforceable provision. 

 

(j) 
Specific Performance. Holder acknowledges that its obligations under this Agreement are unique, recognizes and affirms
that in the event of a breach of this Agreement by Holder, money damages will be inadequate and Pubco (and the Purchaser Representative
on behalf of Pubco) will have no adequate remedy at law, and agrees that irreparable damage would occur in the event that any of
the provisions of this Agreement were not performed by Holder in accordance with their specific terms or were otherwise breached.
Accordingly, each of Pubco and the Purchaser Representative shall be entitled to an injunction or restraining order to prevent
breaches of this Agreement by Holder and to enforce specifically the terms and provisions hereof, without the requirement to post
any bond or other security or to prove that money damages would be inadequate, this being in addition to any other right or remedy
to which such party may be entitled under this Agreement, at law or in equity. 

 

    	 	5	 

     

    

 

(k) 
Entire Agreement. This Agreement constitutes the full and entire understanding and agreement among the parties with
respect to the subject matter hereof, and any other written or oral agreement relating to the subject matter hereof existing between
the parties is expressly canceled; provided, that, for the avoidance of doubt, the foregoing shall not affect the rights
and obligations of the parties under the Business Combination Agreement or any Ancillary Document. Notwithstanding the foregoing,
nothing in this Agreement shall limit any of the rights or remedies of Pubco and the Purchaser Representative or any of the obligations
of Holder under any other agreement between Holder and Pubco or the Purchaser Representative or any certificate or instrument executed
by Holder in favor of Pubco or the Purchaser Representative, and nothing in any other agreement, certificate or instrument shall
limit any of the rights or remedies of Pubco or the Purchaser Representative or any of the obligations of Holder under this Agreement.

 

(l) 
Further Assurances. From time to time, at another party’s request and without further consideration (but at
the requesting party’s reasonable cost and expense), each party shall execute and deliver such additional documents and take
all such further action as may be reasonably necessary to consummate the transactions contemplated by this Agreement.

 

(m) Counterparts; Facsimile.  This Agreement may also be executed and delivered by facsimile signature or by email
in portable document format in two or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.

 

[Remainder of Page Intentionally Left
Blank; Signature Pages Follow]

 

    	 	6	 

     

    

 

IN WITNESS WHEREOF, the parties have
executed this Lock-Up Agreement as of the date first written above.

 

	 	Pubco:
	 	 
	 	DOTA HOLDINGS LIMITED
	 	By:	                 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	The Purchaser Representative:
	 	 
	 	DRAPER OAKWOOD INVESTMENTS, LLC,
	 	solely in its capacity under the Business Combination Agreement as the Purchaser Representative
	 	 
	 	By:	 
	 	Name: 	 
	 	Title:	 

 

{Additional Signature on the Following
Page}

 

 

 

 

 

{Signature Page to Lock-Up Agreement}

 

    	 	7	 

     

    

 

IN WITNESS WHEREOF, the parties have
executed this Lock-Up Agreement as of the date first written above. 

 

Holder:

 

Name of Holder: [__________________________________]

 

	By:	 	 
	Name: 	 	 
	Title:	 	 

 

Number and Type of Company
Stock:

 

Company Ordinary Shares:__________________________________________________

 

Company Series A Preferred Shares:___________________________________________

 

Company Series B Preferred Shares:___________________________________________

 

Company Series C Preferred Shares:___________________________________________

 

Company Series D Preferred Shares:___________________________________________

 

Address for Notice:

 

Address:_________________________________

 

________________________________________

 

________________________________________ 

 

Facsimile No.:______________________________

 

Telephone No.:______________________________

 

Email:_____________________________________

 

{Signature Page to Lock-Up Agreement}

 

    	 	8Exhibit 10.2

 

REGISTRATION
RIGHTS AGREEMENT

 

THIS REGISTRATION RIGHTS
AGREEMENT (this “Agreement”) is entered into as of September 4, 2018, by and among (i) DOTA
Holdings Limited, a Cayman Island corporation, which will be known after the consummation of the transactions contemplated
by the Business Combination Agreement (as defined below) as “Reebonz Holding Limited” (including any successor entity
thereto “Pubco”), (ii) Draper Oakwood Investments, LLC, a Delaware limited liability company,
in the capacity under the Business Combination Agreement as the Purchaser Representative (including any successor Purchaser Representative
appointed in accordance therewith, the “Purchaser Representative”), and (iii) the undersigned parties
listed as Investors on Exhibit A hereto (each, an “Investor” and collectively, the “Investors”).
Any capitalized term used but not defined in this Agreement will have the meaning ascribed to such term in the Business Combination
Agreement.

 

WHEREAS, on
or about the date hereof, (i) Pubco, (ii) Draper Oakwood Technology Acquisition, Inc., a Delaware corporation (“Purchaser”),
(iii) DOTA Merger Subsidiary Inc., a Delaware corporation and a wholly-owned subsidiary of Pubco (“Merger Sub”),
(iv) the Purchaser Representative, (v) Reebonz Limited, a Singapore corporation (the “Company”), and
(vi) each of the holders of the Company Shares named as Sellers therein (the “Sellers”), are entering
into that certain Business Combination Agreement (as amended from time to time in accordance with the terms thereof, the “Business
Combination Agreement”), pursuant to which, subject to the terms and conditions thereof, among other matters, (a)
Purchaser will merge with and into Merger Sub, with Purchaser continuing as the surviving entity and a wholly-owned subsidiary
of Pubco, and with holders of Purchaser’s securities receiving substantially equivalent securities of Pubco, and (b) Pubco
will (i) acquire all of the issued and outstanding Company Shares from the Sellers in exchange for the Exchange Shares (and potentially
the Earnout Shares if earned in accordance with terms thereof), subject to the deduction and holdback of the Holdback Shares in
accordance with the terms and conditions of the Business Combination Agreement, with the Company becoming a wholly-owned subsidiary
of Pubco, and (ii) assume the Company’s outstanding options, warrants and other Company Convertible Securities (with equitable
adjustments to the number and exercise price of such assumed Company Convertible Securities) with the result that such assumed
Company Convertible Securities shall be exercisable into ordinary shares of Pubco;

 

WHEREAS, in
connection with the consummation of the transactions contemplated by the Business Combination Agreement, Pubco, the Purchaser Representative
and each Investor are also entering into Lock-Up Agreements (as amended from time to time in accordance with the terms thereof,
the “Lock-Up Agreements”), pursuant to which each Investor has agreed not to transfer its Exchange Shares
for a lock-up period of one (1) year after the Closing Date (as defined below) (subject to earlier release upon certain events)
or to transfer their rights to the Holdback Shares until such shares are issued in accordance with the Business Combination Agreement;
and

 

WHEREAS, the
parties desire to enter into this Agreement to provide the Investors with certain rights relating to the registration of the Exchange
Shares and the Earnout Shares;

 

NOW, THEREFORE,
in consideration of the mutual covenants and agreements set forth herein, and for other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

 

1. 
DEFINITIONS. The following capitalized terms used herein have the following meanings:

 

“Agreement”
means this Agreement, as amended, restated, supplemented, or otherwise modified from time to time.

 

    	 	1	 

     

    

 

“Business
Combination Agreement” is defined in the recitals to this Agreement.

 

“Company”
is defined in the recitals to this Agreement.

 

“Demand
Registration” is defined in Section 2.1.1.

 

“Demanding
Holder” is defined in Section 2.1.1.

 

“Dispute”
is defined in Section 6.10.

 

“Form S-3”
is defined in Section 2.3.

 

“Founder
Registration Rights Agreement” means that certain Registration Rights Agreement, dated as of September 14, 2017,
between Purchaser and the investors named therein, as it is to be amended at or prior to the Closing by the First Amendment to
Registration Rights Agreement, and as it may be further amended in accordance with the terms thereof.

 

“Founder
Securities” means those securities included in the definition of “Registrable Security” specified in
the Founder Registration Rights Agreement.

 

“Indemnified
Party” is defined in Section 4.3.

 

“Indemnifying
Party” is defined in Section 4.3.

 

“Investor(s)”
is defined in the preamble to this Agreement, and include any transferee of the Registrable Securities (so long as they remain
Registrable Securities) of an Investor permitted under this Agreement and such Investor’s Lock-Up Agreement.

 

“Investor
Indemnified Party” is defined in Section 4.1.

 

“Lock-Up
Agreements” is defined in the recitals to this Agreement.

 

“Maximum
Number of Shares” is defined in Section 2.1.4.

 

“Piggy-Back
Registration” is defined in Section 2.2.1.

 

“Pro Rata”
is defined in Section 2.1.4.

 

“Proceeding”
is defined in Section 6.11.

 

“Pubco”
is defined in the preamble to this Agreement, and shall include Pubco’s successors by merger, acquisition, reorganization
or otherwise.

 

“Purchaser”
is defined in the recitals to this Agreement.

 

“Purchaser
Representative” is defined in the preamble to this Agreement.

 

“Register,”
“Registered” and “Registration” 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.

 

    	 	2	 

     

    

 

“Registrable
Securities” means all of the Exchange Shares, including any to be issued after the Closing either as Holdback Shares
in accordance with Section 2.3 of the Business Combination or pursuant to Section 2.7 of the Business Combination Agreement, and
any Earnout Shares. Registrable Securities include any warrants, share capital or other securities of Pubco issued as a dividend
or other distribution with respect to or in exchange for or in replacement of such Exchange Shares or Earnout Shares. As to any
particular Registrable Securities, 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 for them not bearing a legend restricting further transfer shall have been delivered
by Pubco and subsequent public distribution of them shall not require registration under the Securities Act; (c) such securities
shall have ceased to be outstanding or (d) the Registrable Securities are freely saleable under Rule 144 without volume limitations.
Notwithstanding anything to the contrary contained herein, a Person shall be deemed to be an “Investor holding Registrable
Securities” under this Agreement only if they are an Investor or a transferee of the Registrable Securities (so long as they
remain Registrable Securities) of any Investor permitted under this Agreement and the applicable Lock-Up Agreement.

 

“Registration
Statement” means a registration statement filed by Pubco with the SEC in compliance with the Securities Act and the
rules and regulations promulgated thereunder for a public offering and sale of equity securities, or securities or other obligations
exercisable or exchangeable for, or convertible into, equity securities (other than a registration statement on Form S-4 or Form
S-8, or their successors, or any registration statement covering only securities proposed to be issued in exchange for securities
or assets of another entity).

 

“Resolution
Period” is defined in Section 6.10.

 

“SEC”
means the United States Securities and Exchange Commission or any successor thereto.

 

“Sellers”
is defined in the recitals to this Agreement.

 

“Specified
Courts” is defined in Section 6.11.

 

“Underwriter”
means 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.

 

“UPO Securities”
means the Pubco Ordinary Shares or other securities issuable and registrable pursuant to the terms of the Pubco UPO.

 

2. 
REGISTRATION RIGHTS.

 

2.1 
Demand Registration.

 

2.1.1 
Request for Registration. Subject to Section 2.4, at any time and from time to time after the Closing Date, Investors
holding a majority-in-interest of Registrable Securities then issued and outstanding may make a written demand for registration
under the Securities Act of all or part of their Registrable Securities (a “Demand Registration”). Any
demand for a Demand Registration shall specify the number of Registrable Securities proposed to be sold and the intended method(s)
of distribution thereof. Within thirty (30) days following receipt of any request for a Demand Registration, Pubco will notify
all other Investors holding Registrable Securities of the demand, and each Investor holding Registrable Securities who wishes to
include all or a portion of such Investor’s Registrable Securities in the Demand Registration (each such Investor including
shares of Registrable Securities in such registration, a “Demanding Holder”) shall so notify Pubco within
fifteen (15) days after the receipt by the Investor of the notice from Pubco. Upon any such request, the Demanding Holders shall
be entitled to have their Registrable Securities included in the Demand Registration, subject to Section 2.1.4 and the provisos
set forth in Section 3.1.1. Pubco shall not be obligated to effect more than an aggregate of three (3) Demand Registrations under
this Section 2.1.1 in respect of all Registrable Securities. Notwithstanding anything in this Section 2 to the contrary, Pubco
shall not be obligated to effect a Demand Registration, (i) if a Piggy-Back Registration had been available to the Demanding Holder(s)
within the one hundred twenty (120) days preceding the date of request for the Demand Registration, (ii) within sixty (60) days
after the effective date of a previous registration effected with respect to the Registrable Securities pursuant this Section 2.1
or (iii) during any period (not to exceed one hundred eighty (180) days) following the closing of the completion of an offering
of securities by Pubco if such Demand Registration would cause Pubco to breach a “lock-up” or similar provision contained
in the underwriting agreement for such offering.

 

    	 	3	 

     

    

 

2.1.2 
Effective Registration. A registration will not count as a Demand Registration until the Registration Statement filed
with the SEC with respect to such Demand Registration has been declared effective and Pubco has complied with all of its obligations
under this Agreement with respect thereto; provided, however, that if, after such Registration Statement has been declared effective,
the offering of Registrable Securities pursuant to a Demand Registration is interfered with by any stop order or injunction of
the SEC or any other governmental agency or court, the Registration Statement with respect to such Demand Registration will 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 thereafter elect to continue the offering; provided, further,
that Pubco shall not be obligated to file a second Registration Statement until a Registration Statement that has been filed is
counted as a Demand Registration or is terminated.

 

2.1.3 
Underwritten Offering. If a majority-in-interest of the Demanding Holders so elect and advise Pubco as part of their
written demand for a Demand Registration, the offering of such Registrable Securities pursuant to such Demand Registration shall
be in the form of an underwritten offering. In such event, the right of any Demanding Holder to include its Registrable Securities
in such registration shall be conditioned upon such Demanding Holder’s participation in such underwriting and the inclusion
of such Demanding Holder’s Registrable Securities in the underwriting to the extent provided herein. All Demanding Holders
proposing to distribute their Registrable Securities through such underwriting shall enter into an underwriting agreement in customary
form with the Underwriter or Underwriters selected for such underwriting by a majority-in-interest of the Investors initiating
the Demand Registration.

 

2.1.4 
Reduction of Offering. If the managing Underwriter or Underwriters for a Demand Registration that is to be an underwritten
offering advises Pubco and the Demanding Holders in writing that the dollar amount or number of Registrable Securities which the
Demanding Holders desire to sell, taken together with all other Pubco Ordinary Shares or other securities which Pubco desires to
sell and the Pubco Ordinary Shares or other securities, if any, as to which registration by Pubco has been requested pursuant to
written contractual piggy-back registration rights held by other security holders of Pubco who desire to sell, exceeds the maximum
dollar amount or maximum number of shares that can be sold in such 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 shares, as applicable, the “Maximum Number of Shares”), then Pubco shall include in such registration:
(i) first, the Registrable Securities as to which Demand Registration has been requested by the Demanding Holders and the Founder
Securities and UPO Securities for the account of any Persons who have exercised demand registration rights pursuant to the Founder
Registration Rights Agreement and the Pubco UPO, respectively, during the period under which the Demand Registration hereunder
is ongoing (all pro rata in accordance with the number of securities that each applicable Person has requested be included in such
registration, regardless of the number of securities held by each such Person (such proportion is referred to herein as “Pro
Rata”)) that can be sold without exceeding the Maximum Number of Shares; (ii) second, to the extent that the Maximum
Number of Shares has not been reached under the foregoing clause (i), the Pubco Ordinary Shares or other securities that Pubco
desires to sell that can be sold without exceeding the Maximum Number of Shares; and (iii) third, to the extent that the Maximum
Number of Shares has not been reached under the foregoing clauses (i) and (ii), the Pubco Ordinary Shares or other securities for
the account of other Persons that Pubco is obligated to register pursuant to written contractual arrangements with such Persons
and that can be sold without exceeding the Maximum Number of Shares. In the event that Pubco securities that are convertible into
Pubco Ordinary Shares are included in the offering, the calculations under this Section 2.1.4 shall include such Pubco securities
on an as-converted to Pubco Common Share basis.

 

    	 	4	 

     

    

 

2.1.5 
Withdrawal. If a majority-in-interest of the Demanding Holders disapprove of the terms of any underwriting or are
not entitled to include all of their Registrable Securities in any offering, such majority-in-interest of the Demanding Holders
may elect to withdraw from such offering by giving written notice to Pubco and the Underwriter or Underwriters of their request
to withdraw prior to the effectiveness of the Registration Statement filed with the SEC with respect to such Demand Registration.
If the majority-in-interest of the Demanding Holders withdraws from a proposed offering relating to a Demand Registration in such
event, then such registration shall not count as a Demand Registration provided for in Section 2.1.

 

2.2 
Piggy-Back Registration.

 

2.2.1 
Piggy-Back Rights. Subject to Section 2.4, if at any time after the Closing Date Pubco 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, by Pubco for its own account or for security holders of Pubco for
their account (or by Pubco and by security holders of Pubco including pursuant to Section 2.1), other than a Registration Statement
(i) filed in connection with any employee share option or other benefit plan, (ii) for an exchange offer or offering of securities
solely to Pubco’s existing shareholders, (iii) for an offering of debt that is convertible into equity securities of Pubco
or (iv) for a dividend reinvestment plan, then Pubco shall (x) give written notice of such proposed filing to Investors holding
Registrable Securities as soon as practicable but in no event less than ten (10) days before the anticipated filing date, which
notice shall 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, of the offering, and (y) offer to Investors holding
Registrable Securities in such notice the opportunity to register the sale of such number of Registrable Securities as such Investors
may request in writing within five (5) days following receipt of such notice (a “Piggy-Back Registration”).
To the extent permitted by applicable securities laws with respect to such registration by Pubco or another demanding shareholder,
Pubco shall cause such Registrable Securities to be included in such 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 to be included in
a Piggy-Back Registration on the same terms and conditions as any similar securities of Pubco and to permit the sale or other disposition
of such Registrable Securities in accordance with the intended method(s) of distribution thereof. All Investors holding Registrable
Securities proposing to distribute their securities through a Piggy-Back Registration that involves an Underwriter or Underwriters
shall enter into an underwriting agreement in customary form with the Underwriter or Underwriters selected for such Piggy-Back
Registration.

 

    	 	5	 

     

    

 

2.2.2 
Reduction of Offering. If the managing Underwriter or Underwriters for a Piggy-Back Registration that is to be an
underwritten offering advises Pubco and Investors holding Registrable Securities proposing to distribute their Registrable Securities
through such Piggy-Back Registration in writing that the dollar amount or number of Pubco Ordinary Shares or other Pubco securities
which Pubco desires to sell, taken together with the Pubco Ordinary Shares or other Pubco securities, if any, as to which registration
has been demanded pursuant to written contractual arrangements with Persons other than the Investors hereunder, the Registrable
Securities as to which registration has been requested under this Section 2.2, and the Pubco Ordinary Shares or other Pubco securities,
if any, as to which registration has been requested pursuant to the written contractual piggy-back registration rights of other
security holders of Pubco, exceeds the Maximum Number of Shares, then Pubco shall include in any such registration:

 

(a) 
If the registration is undertaken for Pubco’s account: (i) first, the Pubco Ordinary Shares or other securities
that Pubco desires to sell that can be sold without exceeding the Maximum Number of Shares; (ii) second, to the extent that the
Maximum Number of Shares has not been reached under the foregoing clause (i), (A) the Pubco Ordinary Shares or other securities,
if any, comprised of Founder Securities or UPO Securities, as to which registration has been requested pursuant to the applicable
written contractual piggy-back registration rights of such security holders under the Founder Registration Rights Agreement and
the Pubco UPO, respectively, and (B) the Registrable Securities of Investors as to which registration has been requested pursuant
to this Section 2.2, Pro Rata collectively among such security holders and Investors based on the number of securities requested
by such security holders and Investors to be included in such registration, that can be sold without exceeding the Maximum Number
of Shares; and (iii) third, to the extent that the Maximum Number of Shares has not been reached under the foregoing clauses (i)
and (ii), the Pubco Ordinary Shares or other securities for the account of other Persons that Pubco is obligated to register pursuant
to written contractual arrangements with such Persons and that can be sold without exceeding the Maximum Number of Shares;

 

(b) 
If the registration is a “demand” registration undertaken at the demand of holders of UPO Securities,
(i) first, the UPO Securities for the account of the demanding holders, Pro Rata among such holders based on the number of UPO
Securities requested by such holders to be included in such registration, that can be sold without exceeding the Maximum Number
of Shares; (ii) second, to the extent that the Maximum Number of Shares has not been reached under the foregoing clause (i), the
Pubco Ordinary Shares or other securities that Pubco desires to sell that can be sold without exceeding the Maximum Number of Shares;
(iii) third, to the extent that the Maximum Number of Shares has not been reached under the foregoing clauses (i) and (ii), (A)
the Pubco Ordinary Shares or other securities, if any, comprised of Founder Securities, as to which registration has been requested
pursuant to the applicable written contractual piggy-back registration rights of such security holders under the Founder Registration
Rights Agreement and (B) the Registrable Securities of Investors as to which registration has been requested pursuant to this Section
2.2, Pro Rata collectively among such security holders and Investors based on the number of securities requested by such security
holders and Investors to be included in such registration, that can be sold without exceeding the Maximum Number of Shares; and
(iv) fourth, to the extent that the Maximum Number of Shares has not been reached under the foregoing clauses (i), (ii) and (iii),
the Pubco Ordinary Shares or other securities for the account of other Persons that Pubco is obligated to register pursuant to
written contractual arrangements with such Persons and that can be sold without exceeding the Maximum Number of Shares;

 

    	 	6	 

     

    

 

(c) 
If the registration is a “demand” registration undertaken at the demand of holders of Founder Securities
under the Founder Registration Rights Agreement, (i) first, the Founder Securities for the account of the demanding holders, Pro
Rata among such holders based on the number of Founder Securities requested by such holders to be included in such registration,
that can be sold without exceeding the Maximum Number of Shares; (ii) second, to the extent that the Maximum Number of Shares has
not been reached under the foregoing clause (i), the Pubco Ordinary Shares or other securities that Pubco desires to sell that
can be sold without exceeding the Maximum Number of Shares; (iii) third, to the extent that the Maximum Number of Shares has not
been reached under the foregoing clauses (i) and (ii), (A) the Pubco Ordinary Shares or other securities, if any, comprised of
UPO Securities, as to which registration has been requested pursuant to the applicable written contractual piggy-back registration
rights of such security holders under the Pubco UPO and (B) the Registrable Securities of Investors as to which registration has
been requested pursuant to this Section 2.2, Pro Rata collectively among such security holders and Investors based on the number
of securities requested by such security holders and Investors to be included in such registration, that can be sold without exceeding
the Maximum Number of Shares; and (iv) fourth, to the extent that the Maximum Number of Shares has not been reached under the foregoing
clauses (i), (ii) and (iii), the Pubco Ordinary Shares or other securities for the account of other Persons that Pubco is obligated
to register pursuant to written contractual arrangements with such Persons and that can be sold without exceeding the Maximum Number
of Shares; and

 

(d) 
If the registration is a “demand” registration undertaken at the demand of Persons other than Investors
holding Registrable Securities or the holders of Founder Securities or UPO Securities, (i) first, the Pubco Ordinary Shares or
other securities for the account of such demanding Persons that can be sold without exceeding the Maximum Number of Shares; (ii)
second, to the extent that the Maximum Number of Shares has not been reached under the foregoing clause (i), the Pubco Ordinary
Shares or other securities that Pubco desires to sell that can be sold without exceeding the Maximum Number of Shares; (iii) third,
to the extent that the Maximum Number of Shares has not been reached under the foregoing clauses (i) and (ii), (A) the Pubco Ordinary
Shares or other securities, if any, comprised of Founder Securities or UPO Securities, as to which registration has been requested
pursuant to the applicable written contractual piggy-back registration rights of such security holders under the Founder Registration
Rights Agreement and Pubco UPO, respectively, and (B) the Registrable Securities of Investors as to which registration has been
requested pursuant to this Section 2.2, Pro Rata collectively among such security holders and Investors based on the number of
securities requested by such security holders and Investors to be included in such registration, that can be sold without exceeding
the Maximum Number of Shares; and (iv) fourth, to the extent that the Maximum Number of Shares has not been reached under the foregoing
clauses (i), (ii) and (iii), the Pubco Ordinary Shares or other securities for the account of other Persons that Pubco is obligated
to register pursuant to written contractual arrangements with such Persons and that can be sold without exceeding the Maximum Number
of Shares.

 

In the event that Pubco
securities that are convertible into Pubco Ordinary Shares are included in the offering, the calculations under this Section 2.2.2
shall include such Pubco securities on an as-converted to Pubco Common Share basis. Notwithstanding anything to the contrary above,
to the extent that the registration of the Investor’s Registrable Securities would prevent Pubco or the demanding shareholders
from effecting such registration and offering, the Investors shall not be permitted to exercise PiggyBack Registration rights with
respect to such registration and offering.

 

2.2.3 
Withdrawal. Any Investor holding Registrable Securities may elect to withdraw such Investor’s request for inclusion
of Registrable Securities in any Piggy-Back Registration by giving written notice to Pubco of such request to withdraw prior to
the effectiveness of the Registration Statement. Pubco (whether on its own determination or as the result of a withdrawal by Persons
making a demand pursuant to written contractual obligations) may withdraw a Registration Statement at any time prior to the effectiveness
of such Registration Statement without any liability to the applicable Investor, subject to the next sentence and the provisions
of Section 4. Notwithstanding any such withdrawal, Pubco shall pay all expenses incurred in connection with such Piggy-Back Registration
as provided in Section 3.3 by Investors holding Registrable Securities that requested to have their Registrable Securities included
in such Piggy-Back Registration.

 

    	 	7	 

     

    

 

2.3 
Registrations on Form S-3. After the Closing Date, subject to Section 2.4, Investors holding Registrable Securities
may at any time and from time to time, request in writing that Pubco register the resale of any or all of such Registrable Securities
on Form S-3 or any similar short-form registration which may be available at such time (“Form S-3”);
provided, however, that Pubco shall not be obligated to effect such request through an underwritten offering. Upon receipt
of such written request, Pubco will promptly give written notice of the proposed registration to all other Investors holding Registrable
Securities, and, as soon as practicable thereafter, effect the registration of all or such portion of such Investors’ Registrable
Securities as are specified in such request, together with all or such portion of the Registrable Securities, if any, of any other
Investors joining in such request as are specified in a written request given within fifteen (15) days after receipt of such written
notice from Pubco; provided, however, that Pubco shall not be obligated to effect any such registration pursuant to this Section
2.3: (i) if Form S-3 is not available to Pubco for such resale offering; or (ii) if Investors holding Registrable Securities, together
with the holders of any other securities of Pubco entitled to inclusion in such registration, propose to sell Registrable Securities
and such other securities (if any) at any aggregate price to the public of less than $1,000,000. Registrations effected pursuant
to this Section 2.3 shall not be counted as Demand Registrations effected pursuant to Section 2.1.

 

2.4 
Restriction of Offerings. Notwithstanding anything to the contrary contained in this Agreement, the Investors shall
not be entitled to request, and Pubco shall not be obligated to effect, or to take any action to effect, any registration (including
any Demand Registration or Piggy-Back Registration) pursuant to this Section 2 with respect to any Registrable Securities during
the Lock-Up Period (as such term is defined in such Investor’s Lock-Up Agreement) or any Holdback Shares until they have
been issued by Pubco in accordance with the Business Combination Agreement.

 

3. 
REGISTRATION PROCEDURES.

 

3.1 
Filings; Information. Whenever Pubco is required to effect the registration of any Registrable Securities pursuant
to Section 2, Pubco shall use its best efforts to effect the registration and sale of such Registrable Securities in accordance
with the intended method(s) of distribution thereof as expeditiously as practicable, and in connection with any such request:

 

3.1.1 
Filing Registration Statement. Pubco shall use its best efforts to, as expeditiously as possible after receipt of
a request for a Demand Registration pursuant to Section 2.1, prepare and file with the SEC a Registration Statement on any form
for which Pubco then qualifies or which counsel for Pubco shall deem appropriate and which form shall be available for the sale
of all Registrable Securities to be registered thereunder in accordance with the intended method(s) of distribution thereof, and
shall use its best efforts to cause such Registration Statement to become effective and use its best efforts to keep it effective
for the period required by Section 3.1.3; provided, however, that Pubco shall have the right to defer any Demand
Registration for up to ninety (90) days, and any Piggy-Back Registration for such period as may be applicable to deferment of any
demand registration to which such Piggy-Back Registration relates, in each case if Pubco shall furnish to Investor requesting to
include their Registrable Securities in such registration a certificate signed by the President, Chief Executive Officer or Chairman
of Pubco stating that, in the good faith judgment of the Board of Directors of Pubco, it would be materially detrimental to Pubco
and its shareholders for such Registration Statement to be effected at such time; provided further, however, that Pubco shall not
have the right to exercise the right set forth in the immediately preceding proviso more than once in any 365-day period in respect
of a Demand Registration hereunder.

 

    	 	8	 

     

    

 

3.1.2 
Copies. Pubco shall, prior to filing a Registration Statement or prospectus, or any amendment or supplement thereto,
furnish without charge to Investors holding Registrable Securities included in such registration, and such Investors’ 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 Investors holding Registrable Securities
included in such registration or legal counsel for any such Investors may request in order to facilitate the disposition of the
Registrable Securities owned by such Investors.

 

3.1.3 
Amendments and Supplements. Pubco shall prepare and file with the SEC such amendments, including post-effective amendments,
and supplements to such Registration Statement and the prospectus used in connection therewith as may be necessary to keep such
Registration Statement effective and in compliance with the provisions of the Securities Act until all Registrable Securities and
other securities covered by such Registration Statement have been disposed of in accordance with the intended method(s) of distribution
set forth in such Registration Statement or such securities have been withdrawn or until such time as the Registrable Securities
cease to be Registrable Securities as defined by this Agreement.

 

3.1.4 
Notification. After the filing of a Registration Statement, Pubco shall promptly, and in no event more than three
(3) Business Days after such filing, notify Investors holding Registrable Securities included in such Registration Statement of
such filing, and shall further notify such Investors promptly and confirm such advice in writing in all events within three (3)
Business Days after the occurrence of any of the following: (i) when such Registration Statement becomes effective; (ii) when any
post-effective amendment to such Registration Statement becomes effective; (iii) the issuance or threatened issuance by the SEC
of any stop order (and Pubco shall take all actions required to prevent the entry of such stop order or to remove it if entered);
and (iv) any request by the SEC for any amendment or supplement to such Registration Statement or any prospectus relating thereto
or for additional information or of the occurrence of an event requiring the preparation of a supplement or amendment to such prospectus
so that, as thereafter delivered to the purchasers of the securities covered by such Registration Statement, such prospectus will
not contain an untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary
to make the statements therein not misleading, and promptly make available to Investors holding Registrable Securities included
in such Registration Statement any such supplement or amendment; except that before filing with the SEC a Registration Statement
or prospectus or any amendment or supplement thereto, Pubco shall furnish to Investors holding Registrable Securities included
in such Registration Statement and to the legal counsel for any such Investors, copies of all such documents proposed to be filed
sufficiently in advance of filing to provide such Investors and legal counsel with a reasonable opportunity to review such documents
and comment thereon, and Pubco shall not file any Registration Statement or prospectus or amendment or supplement thereto, to which
such Investors or their legal counsel shall object.

 

3.1.5 
State Securities Laws Compliance. Pubco shall 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 such jurisdictions in the United
States as Investors holding Registrable Securities included in such Registration Statement (in light of their intended plan of
distribution) may reasonably 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 Pubco and do any and all other acts and things that may be necessary or advisable to enable Investors holding
Registrable Securities included in such Registration Statement to consummate the disposition of such Registrable Securities in
such jurisdictions; provided, however, that Pubco shall not be required to qualify generally to do business in any
jurisdiction where it would not otherwise be required to qualify but for this paragraph or take any action to which it would be
subject to general service of process or to taxation in any such jurisdiction where it is not then otherwise subject.

 

    	 	9	 

     

    

 

3.1.6 
Agreements for Disposition. Pubco shall enter into customary agreements (including, if applicable, an underwriting
agreement in customary form) and take such other actions as are reasonably required in order to expedite or facilitate the disposition
of such Registrable Securities. The representations, warranties and covenants of Pubco in any underwriting agreement which are
made to or for the benefit of any Underwriters, to the extent applicable, shall also be made to and for the benefit of Investors
holding Registrable Securities included in such Registration Statement. No Investor holding Registrable Securities included in
such Registration Statement shall be required to make any representations or warranties in the underwriting agreement except, if
applicable, with respect to such Investor’s organization, good standing, authority, title to Registrable Securities, lack
of conflict of such sale with such Investor’s material agreements and organizational documents, and with respect to written
information relating to such Investor that such Investor has furnished in writing expressly for inclusion in such Registration
Statement.

 

3.1.7 
Cooperation. The principal executive officer of Pubco, the principal financial officer of Pubco, the principal accounting
officer of Pubco and all other officers and members of the management of Pubco shall cooperate fully in any offering of Registrable
Securities hereunder, which cooperation shall include the preparation of the Registration Statement with respect to such offering
and all other offering materials and related documents, and participation in meetings with Underwriters, attorneys, accountants
and potential investors.

 

3.1.8 
Records. Pubco shall make available for inspection by Investors holding Registrable Securities included in such Registration
Statement, any Underwriter participating in any disposition pursuant to such registration statement and any attorney, accountant
or other professional retained by any Investor holding Registrable Securities included in such Registration Statement or any Underwriter,
all financial and other records, pertinent corporate documents and properties of Pubco, as shall be necessary to enable them to
exercise their due diligence responsibility, and cause Pubco’s officers, directors and employees to supply all information
requested by any of them in connection with such Registration Statement.

 

3.1.9 
Opinions and Comfort Letters. Pubco shall furnish to each Investor holding Registrable Securities included in such
Registration Statement a signed counterpart, addressed to such Investor, of (i) any opinion of counsel to Pubco delivered to any
Underwriter and (ii) any comfort letter from Pubco’s independent public accountants delivered to any Underwriter. In the
event no legal opinion is delivered to any Underwriter, Pubco shall furnish to each Investor holding Registrable Securities included
in such Registration Statement, at any time that such Investor elects to use a prospectus, an opinion of counsel to Pubco to the
effect that the Registration Statement containing such prospectus has been declared effective and that no stop order is in effect.

 

3.1.10 Earnings Statement. Pubco shall comply with all applicable rules and regulations of the SEC and the Securities Act,
and make available to its shareholders, as soon as practicable, an earnings statement covering a period of twelve (12) months,
which earnings statement shall satisfy the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder.

 

3.1.11 
Listing. Pubco shall use its best efforts to cause all Registrable Securities that are Pubco Ordinary Shares included
in any registration to be listed on such exchanges or otherwise designated for trading in the same manner as similar securities
issued by Pubco are then listed or designated or, if no such similar securities are then listed or designated, in a manner satisfactory
to Investors holding a majority-in-interest of the Registrable Securities included in such registration.

 

    	 	10	 

     

    

 

3.1.12 Road Show. If the registration involves the registration of Registrable Securities involving gross proceeds in excess
of $25,000,000, Pubco shall use its reasonable efforts to make available senior executives of Pubco to participate in customary
“road show” presentations that may be reasonably requested by the Underwriter in any underwritten offering.

 

3.2 
Obligation to Suspend Distribution. Upon receipt of any notice from Pubco of the happening of any event of the kind
described in Section 3.1.4(iv), or, in the case of a resale registration on Form S-3 pursuant to Section 2.3 hereof, upon any suspension
by Pubco, pursuant to a written insider trading compliance program adopted by Pubco’s Board of Directors, of the ability
of all “insiders” covered by such program to transact in Pubco’s securities because of the existence of material
non-public information, each Investor holding Registrable Securities included in any registration shall immediately discontinue
disposition of such Registrable Securities pursuant to the Registration Statement covering such Registrable Securities until such
Investor receives the supplemented or amended prospectus contemplated by Section 3.1.4(iv) or the restriction on the ability of
“insiders” to transact in Pubco’s securities is removed, as applicable, and, if so directed by Pubco, each such
Investor will deliver to Pubco all copies, other than permanent file copies then in such Investor’s possession, of the most
recent prospectus covering such Registrable Securities at the time of receipt of such notice.

 

3.3 
Registration Expenses. Subject to Section 4, Pubco shall bear all costs and expenses incurred in connection with
any Demand Registration pursuant to Section 2.1, any Piggy-Back Registration pursuant to Section 2.2, and any registration on Form
S-3 effected pursuant to Section 2.3, and all expenses incurred in performing or complying with its other obligations under this
Agreement, whether or not the Registration Statement becomes effective, including: (i) all registration and filing fees; (ii) fees
and expenses of compliance with securities or “blue sky” laws (including fees and disbursements of counsel in connection
with blue sky qualifications of the Registrable Securities); (iii) printing expenses; (iv) Pubco’s internal expenses (including
all salaries and expenses of its officers and employees); (v) the fees and expenses incurred in connection with the listing of
the Registrable Securities as required by Section 3.1.11; (vi) Financial Industry Regulatory Authority fees; (vii) fees and disbursements
of counsel for Pubco and fees and expenses for independent certified public accountants retained by Pubco (including the expenses
or costs associated with the delivery of any opinions or comfort letters requested pursuant to Section 3.1.9); (viii) the fees
and expenses of any special experts retained by Pubco in connection with such registration; and (ix) the reasonable fees and expenses
of one legal counsel selected by the Investors holding a majority-in-interest of the Registrable Securities included in such registration.
Pubco shall have no obligation to pay any underwriting discounts or selling commissions attributable to the Registrable Securities
being sold by the holders thereof, which underwriting discounts or selling commissions shall be borne by such holders. Additionally,
in an underwritten offering, all selling security holders and Pubco shall bear the expenses of the Underwriter pro rata in proportion
to the respective amount of securities each is selling in such offering.

 

3.4 
Information. Investors holding Registrable Securities included in any Registration Statement shall provide such information
as may reasonably be requested by Pubco, or the managing Underwriter, if any, in connection with the preparation of such Registration
Statement, including amendments and supplements thereto, in order to effect the registration of any Registrable Securities under
the Securities Act pursuant to Section 2 and in connection with the obligation to comply with federal and applicable state securities
laws.

 

    	 	11	 

     

    

 

4.
INDEMNIFICATION AND CONTRIBUTION.

 

4.1 Indemnification
by Pubco. Pubco agrees to indemnify and hold harmless each Investor, and each Investor’s officers, employees, affiliates,
directors, partners, members, attorneys and agents, and each Person, if any, who controls an Investor (within the meaning of Section
15 of the Securities Act or Section 20 of the Exchange Act) (each, an “Investor Indemnified Party”),
from and against any expenses, losses, judgments, claims, damages or liabilities, whether joint or several, arising out of or
based upon any untrue statement of a material fact contained in any Registration Statement under which the sale of such Registrable
Securities was registered under the Securities Act, any preliminary prospectus, final prospectus or summary prospectus contained
in the Registration Statement, or any amendment or supplement to such Registration Statement, or arising out of or based upon
any omission to state a material fact required to be stated therein or necessary to make the statements therein not misleading,
or any violation by Pubco of the Securities Act or any rule or regulation promulgated thereunder applicable to Pubco and relating
to action or inaction required of Pubco in connection with any such registration (provided, however, that the indemnity agreement
contained in this Section 4.1 shall not apply to amounts paid in settlement of any such claim, loss, damage, liability or action
if such settlement is effected without the consent of Pubco, such consent not to be unreasonably withheld, delayed or conditioned);
and Pubco shall promptly reimburse the Investor Indemnified Party for any legal and any other expenses reasonably incurred by
such Investor Indemnified Party in connection with investigating and defending any such expense, loss, judgment, claim, damage,
liability or action; provided, however, that Pubco will not be liable in any such case to the extent that any such
expense, loss, claim, damage or liability arises out of or is based upon any untrue statement or omission made in such Registration
Statement, preliminary prospectus, final prospectus, or summary prospectus, or any such amendment or supplement, in reliance upon
and in conformity with information furnished to Pubco, in writing, by such selling holder expressly for use therein. Pubco also
shall indemnify any Underwriter of the Registrable Securities, their officers, affiliates, directors, partners, members and agents
and each Person who controls such Underwriter on substantially the same basis as that of the indemnification provided above in
this Section 4.1.

 

4.2 
Indemnification by Holders of Registrable Securities. Each Investor selling Registrable Securities will, in the event
that any registration is being effected under the Securities Act pursuant to this Agreement of any Registrable Securities held
by such selling Investor, indemnify and hold harmless Pubco, each of its directors and officers and each Underwriter (if any),
and each other selling holder and each other Person, if any, who controls another selling holder or such Underwriter within the
meaning of the Securities Act, against any losses, claims, judgments, damages or liabilities, whether joint or several, insofar
as such losses, claims, judgments, damages or liabilities (or actions in respect thereof) arise out of or are based upon any untrue
statement of a material fact contained in any Registration Statement under which the sale of such Registrable Securities was registered
under the Securities Act, any preliminary prospectus, final prospectus or summary prospectus contained in the Registration Statement,
or any amendment or supplement to the Registration Statement, or arise out of or are based upon any omission to state a material
fact required to be stated therein or necessary to make the statement therein not misleading, if the statement or omission was
made in reliance upon and in conformity with information furnished in writing to Pubco by such selling Investor expressly for use
therein (provided, however, that the indemnity agreement contained in this Section 4.2 shall not apply to amounts paid in settlement
of any such claim, loss, damage, liability or action if such settlement is effected without the consent of the indemnifying selling
holder, such consent not to be unreasonably withheld, delayed or conditioned), and shall reimburse Pubco, its directors and officers,
each Underwriter and each other selling holder or controlling Person for any legal or other expenses reasonably incurred by any
of them in connection with investigation or defending any such loss, claim, damage, liability or action. Each selling Investor’s
indemnification obligations hereunder shall be several and not joint and shall be limited to the amount of any net proceeds actually
received by such selling Investor.

 

    	 	12	 

     

    

 

4.3 
Conduct of Indemnification Proceedings. Promptly after receipt by any Person of any notice of any loss, claim, damage
or liability or any action in respect of which indemnity may be sought pursuant to Section 4.1 or 4.2, such Person (the “Indemnified
Party”) shall, if a claim in respect thereof is to be made against any other Person for indemnification hereunder,
notify such other Person (the “Indemnifying Party”) in writing of the loss, claim, judgment, damage,
liability or action; provided, however, that the failure by the Indemnified Party to notify the Indemnifying Party shall not relieve
the Indemnifying Party from any liability which the Indemnifying Party may have to such Indemnified Party hereunder, except and
solely to the extent the Indemnifying Party is actually prejudiced by such failure. If the Indemnified Party is seeking indemnification
with respect to any claim or action brought against the Indemnified Party, then the Indemnifying Party shall be entitled to participate
in such claim or action, and, to the extent that it wishes, jointly with all other Indemnifying Parties, to assume control of the
defense thereof with counsel satisfactory to the Indemnified Party. After notice from the Indemnifying Party to the Indemnified
Party of its election to assume control of the defense of such claim or action, the Indemnifying Party shall not be liable to the
Indemnified Party for any legal or other expenses subsequently incurred by the Indemnified Party in connection with the defense
thereof other than reasonable costs of investigation; provided, however, that in any action in which both the Indemnified Party
and the Indemnifying Party are named as defendants, the Indemnified Party shall have the right to employ separate counsel (but
no more than one such separate counsel) to represent the Indemnified Party and its controlling Persons who may be subject to liability
arising out of any claim in respect of which indemnity may be sought by the Indemnified Party against the Indemnifying Party, with
the fees and expenses of such counsel to be paid by such Indemnifying Party if, based upon the written opinion of counsel of such
Indemnified Party, representation of both parties by the same counsel would be inappropriate due to actual or potential differing
interests between them. No Indemnifying Party shall, without the prior written consent of the Indemnified Party, consent to entry
of judgment or effect any settlement of any claim or pending or threatened proceeding in respect of which the Indemnified Party
is or could have been a party and indemnity could have been sought hereunder by such Indemnified Party, unless such judgment or
settlement includes an unconditional release of such Indemnified Party from all liability arising out of such claim or proceeding.

 

4.4 
Contribution.

 

4.4.1 
If the indemnification provided for in the foregoing Sections 4.1, 4.2 and 4.3 is unavailable to any Indemnified Party in
respect of any loss, claim, damage, liability or action referred to herein, then each such Indemnifying Party, in lieu of indemnifying
such Indemnified Party, shall contribute to the amount paid or payable by such Indemnified Party as a result of such loss, claim,
damage, liability or action in such proportion as is appropriate to reflect the relative fault of the Indemnified Parties and the
Indemnifying Parties in connection with the actions or omissions which resulted in such loss, claim, damage, liability or action,
as well as any other relevant equitable considerations. The relative fault of any Indemnified Party and any Indemnifying Party
shall be determined by reference to, among other things, whether the untrue statement of a material fact or the omission to state
a material fact relates to information supplied by such Indemnified Party or such Indemnifying Party and the parties’ relative
intent, knowledge, access to information and opportunity to correct or prevent such statement or omission.

 

4.4.2 
The parties hereto agree that it would not be just and equitable if contribution pursuant to this Section 4.4 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 the immediately preceding Section 4.4.1.

 

4.4.3 
The amount paid or payable by an Indemnified Party as a result of any loss, claim, damage, liability or action referred
to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or
other expenses incurred by such Indemnified Party in connection with investigating or defending any such action or claim. Notwithstanding
the provisions of this Section 4.4, no holder of Registrable Securities shall be required to contribute any amount in excess of
the dollar amount of the net proceeds (after payment of any underwriting fees, discounts, commissions or taxes) actually received
by such holder from the sale of Registrable Securities which gave rise to such contribution obligation. No Person guilty of fraudulent
misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person
who was not guilty of such fraudulent misrepresentation.

 

    	 	13	 

     

    

 

5. 
UNDERWRITING AND DISTRIBUTION.

 

5.1 
Rule 144. Pubco covenants that it shall file any reports required to be filed by it under the Securities Act and
the Exchange Act and shall take such further action as Investors holding Registrable Securities may reasonably request, all to
the extent required from time to time to enable such Investors to sell Registrable Securities without registration under the Securities
Act within the limitation of the exemptions provided by Rule 144 under the Securities Act, as such Rule may be amended from time
to time, or any similar rule or regulation hereafter adopted by the SEC.

 

6. 
MISCELLANEOUS.

 

6.1 
Other Registration Rights. Pubco represents and warrants that as of the date of this Agreement, no Person, other
than the holders of (i) the Registrable Securities, (ii) the UPO Securities and (iii) the Founder Securities, has any right to
require Pubco to register any of Pubco’s share capital for sale or to include Pubco’s share capital in any registration
filed by Pubco for the sale of share capital for its own account or for the account of any other Person.

 

6.2 
Assignment; No Third Party Beneficiaries. This Agreement and the rights, duties and obligations of Pubco hereunder
may not be assigned or delegated by Pubco in whole or in part. This Agreement and the rights, duties and obligations of Investors
holding Registrable Securities hereunder may be freely assigned or delegated by such Investor in conjunction with and to the extent
of any transfer of Registrable Securities by such Investor. This Agreement and the provisions hereof shall be binding upon and
shall inure to the benefit of each of the parties, to the permitted assigns of the Investors or of any assignee of the Investors.
This Agreement is not intended to confer any rights or benefits on any Persons that are not party hereto other than as expressly
set forth in Article 4 and this Section 6.2. If the Pubco Representative is replaced in accordance with the terms of the Business
Combination Agreement, the replacement Pubco Representative shall automatically become a party to this Agreement as if it were
the original Pubco Representative hereunder.

 

    	 	14	 

     

    

 

6.3 
Notices. All notices, consents, waivers and other communications hereunder shall be in writing and shall be deemed
to have been duly given when delivered (i) in person, (ii) by facsimile or other electronic means, with affirmative confirmation
of receipt, (iii) one Business Day after being sent, if sent by reputable, nationally recognized overnight courier service or (iv)
three (3) Business Days after being mailed, if sent by registered or certified mail, pre-paid and return receipt requested, in
each case to the applicable Party at the following addresses (or at such other address for a Party as shall be specified by like
notice):

 

	
        If to Pubco prior to the Closing or to the Purchaser Representative,
        to:

         

        Draper Oakwood Investments, LLC

        55 East 3rd Ave.

        San Mateo, CA 94401, USA

        Attn: Aamer Sarfraz

        Telephone No.: +44-777-049-0449

        Email: aamer@draperoakwood.com

         
	
        With a copy to (which shall not constitute notice):

         

        Ellenoff Grossman & Schole, LLP

        1345 Avenue of the Americas, 11th Floor

        New York, NY 10105

        Attn:   Douglas Ellenoff, Esq.

                    Stuart Neuhauser, Esq.

        Fax:     (212) 370-7889

        Tel:      (212) 370-1300

        Email:   ellenoff@egsllp.com

                     sneuhauser@egsllp.com

         

	
        If to Pubco after the Closing, to:

         

        Reebonz Holding Limited

        5 Tampines North Drive 5

        Singapore 528548

        Attn: Samuel Lim Kok Eng

        Facsimile No.: 011 65 6499 9443

        Telephone No.: 011 65 6511 8475

        Email: samuel.lim@reebonz.com

         

        and

         

        Draper Oakwood Investments,
        LLC

        55 East 3rd Ave.

        San Mateo, CA 94401, USA

        Attn: Aamer Sarfraz

        Telephone No.: +44-777-049-0449

        Email: aamer@draperoakwood.com

         
	
        With copies to (which shall not constitute notice):

         

        Dentons Rodyk & Davidson LLP

        80 Raffles Place, #33-00 UOB Plaza 1

        Singapore 048624

        Attn: S. Sivanesan

        Facsimile No.: 011 65 6532 1838

        Telephone No.: 011 65 6885 3685

        Email: sivanesan.s@dentons.com

         

        and

         

        Ellenoff Grossman & Schole LLP

        1345 Avenue of the Americas, 11th Floor

        New York, New York 10105

        Attn:    Stuart Neuhauser, Esq.

                     Douglas Ellenoff, Esq.

        Facsimile No.: (212) 370-7889

        Telephone No.: (212) 370-1300

        Email:    sneuhauser@egsllp.com

                       ellenoff@egsllp.com

         

	If to an Investor, to: the address set forth next to such Investor’s name on Exhibit A hereto.

 

6.4 
Severability. This Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision
hereof shall not affect the validity or enforceability of this Agreement or of any other term or provision hereof. Furthermore,
in lieu of any such invalid or unenforceable term or provision, the parties hereto intend that there shall be added as a part of
this Agreement a provision as similar in terms to such invalid or unenforceable provision as may be possible that is valid and
enforceable. Notwithstanding anything to the contrary contained in this Agreement, in the event that an Investor identified on
Exhibit A hereto or any other Person receiving Exchange Shares or Earnout Shares in connection with the Closing does not
sign and provide to Pubco a duly executed copy of this Agreement and a Lock-Up Agreement, such Investor or other Person failing
to provide such signature shall not be a party to this Agreement or have any rights or obligations hereunder, but such failure
shall not affect the rights and obligations of the other parties to this Agreement as amongst such other parties.

 

    	 	15	 

     

    

 

6.5 
Counterparts. This Agreement may be executed in multiple counterparts (including by facsimile or pdf or other electronic
document transmission), each of which shall be deemed an original, and all of which taken together shall constitute one and the
same instrument.

 

6.6 
Entire Agreement. This Agreement (together with the Business Combination Agreement and the Lock-Up Agreements to
the extent incorporated herein, and including all agreements entered into pursuant hereto or thereto or referenced herein or therein
and all certificates and instruments delivered pursuant hereto and thereto) constitutes the entire agreement of the parties with
respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, representations, understandings,
negotiations and discussions between the parties, whether oral or written, relating to the subject matter hereof; provided,
that, for the avoidance of doubt, the foregoing shall not affect the rights and obligations of the parties under the Business Combination
Agreement or any other Ancillary Document or the rights or obligations of the parties under the Founder Registration Rights Agreement.

 

6.7 
Interpretation. Titles and headings of sections of this Agreement are for convenience only and shall not affect the
construction of any provision of this Agreement. In this Agreement, unless the context otherwise requires: (i) any pronoun used
in this Agreement shall include the corresponding masculine, feminine or neuter forms, and the singular form of nouns, pronouns
and verbs shall include the plural and vice versa; (ii) “including” (and with correlative meaning “include”)
means including without limiting the generality of any description preceding or succeeding such term and shall be deemed in each
case to be followed by the words “without limitation”; (iii) the words “herein,” “hereto,”
and “hereby” and other words of similar import in this Agreement shall be deemed in each case to refer to this Agreement
as a whole and not to any particular section or other subdivision of this Agreement; and (iv) the term “or” means “and/or”.
The parties have participated jointly in the negotiation and drafting of this Agreement. Consequently, in the event an ambiguity
or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the parties hereto,
and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any provision
of this Agreement.

 

6.8 
Amendments; Waivers. Any term of this Agreement may be amended and the observance of any term of this Agreement may
be waived (either generally or in a particular instance, and either retroactively or prospectively) only with the written agreement
or consent of Pubco, the Purchaser Representative and Investors holding a majority-in-interest of the Registrable Securities; provided,
that any amendment of this Agreement which imposes material additional liability on an Investor will also require the consent of
such Investor. No failure or delay by a party in exercising any right hereunder shall operate as a waiver thereof. No waivers of
or exceptions to any term, condition, or provision of this Agreement, in any one or more instances, shall be deemed to be or construed
as a further or continuing waiver of any such term, condition, or provision

 

6.9 
Remedies Cumulative. In the event a party fails to observe or perform any covenant or agreement to be observed or
performed under this Agreement, the other parties may proceed to protect and enforce its rights by suit in equity or action at
law, whether for specific performance of any term contained in this Agreement or for an injunction against the breach of any such
term or in aid of the exercise of any power granted in this Agreement or to enforce any other legal or equitable right, or to take
any one or more of such actions, without being required to post a bond. None of the rights, powers or remedies conferred under
this Agreement shall be mutually exclusive, and each such right, power or remedy shall be cumulative and in addition to any other
right, power or remedy, whether conferred by this Agreement or now or hereafter available at law, in equity, by statute or otherwise.

 

    	 	16	 

     

    

 

6.10  
Arbitration. Any and all disputes, controversies and claims (other than applications for a temporary restraining
order, preliminary injunction, permanent injunction or other equitable relief or application for enforcement of a resolution under
this Section 6.10) arising out of, related to, or in connection with this Agreement or the transactions contemplated hereby (a
“Dispute”) shall be governed by this this Section 6.10. A party must, in the first instance, provide
written notice of any Disputes to the other parties subject to such Dispute, which notice must provide a reasonably detailed description
of the matters subject to the Dispute. The parties involved in such Dispute shall seek to resolve the Dispute on an amicable basis
within ten (10) Business Days of the notice of such Dispute being received by such other parties subject to such Dispute (the “Resolution
Period”); provided, that if any Dispute would reasonably be expected to have become moot or otherwise irrelevant
if not decided within sixty (60) days after the occurrence of such Dispute, then there shall be no Resolution Period with respect
to such Dispute. Any Dispute that is not resolved during the Resolution Period may immediately be referred to and finally resolved
by arbitration pursuant to the then-existing Expedited Procedures of the Commercial Arbitration Rules of the AAA. Any party involved
in such Dispute may submit the Dispute to the AAA to commence the proceedings after the Resolution Period. To the extent that the
then-existing Expedited Procedures of the Commercial Arbitration Rules of the AAA and this Agreement are in conflict, the terms
of this Agreement shall control. The arbitration shall be conducted by one arbitrator nominated by the AAA promptly (but in any
event within five (5) Business Days) after the submission of the Dispute to the AAA and reasonably acceptable to each party subject
to the Dispute, which arbitrator shall be a commercial lawyer with substantial experience arbitrating disputes under acquisition
agreements and registration rights agreements. The arbitrator shall accept his or her appointment and begin the arbitration process
promptly (but in any event within five (5) Business Days) after his or her nomination and acceptance by the parties subject to
the Dispute. The proceedings shall be streamlined and efficient. The arbitrator shall decide the Dispute in accordance with the
substantive law of the state of New York. Time is of the essence. Each party shall submit a proposal for resolution of the Dispute
to the arbitrator within twenty (20) days after confirmation of the appointment of the arbitrator. The arbitrator shall have the
power to order any party to do, or to refrain from doing, anything consistent with this Agreement, the Business Combination Agreement
and other Ancillary Documents and applicable law, including to perform its contractual obligation(s); provided, that the arbitrator
shall be limited to ordering pursuant to the foregoing power (and, for the avoidance of doubt, shall order) the relevant party
(or parties, as applicable) to comply with only one or the other of the proposals. The arbitrator’s award shall be in writing
and shall include a reasonable explanation of the arbitrator's reason(s) for selecting one or the other proposal. The seat of arbitration
shall be in New York County, State of New York. The language of the arbitration shall be English.

 

6.11  
Governing Law; Jurisdiction. This Agreement shall be governed by, construed and enforced in accordance with the laws
of the State of New York without regard to the conflict of laws principles thereof. Subject to Section 6.10, all actions, claims
or other legal proceedings arising out of or relating to this Agreement (a “Proceeding”) shall be heard
and determined exclusively in any state or federal court located in New York, New York (or in any court in which appeal from such
courts may be taken) (the “Specified Courts”). Subject to Section 6.10, each party hereto hereby (a)
submits to the exclusive jurisdiction of any Specified Court for the purpose of any Proceeding brought by any party hereto and
(b) irrevocably waives, and agrees not to assert by way of motion, defense or otherwise, in any such Proceeding, any claim that
it is not subject personally to the jurisdiction of the above-named courts, that its property is exempt or immune from attachment
or execution, that the Proceeding is brought in an inconvenient forum, that the venue of the Proceeding is improper, or that this
Agreement or the transactions contemplated hereby may not be enforced in or by any Specified Court. Each party agrees that a final
judgment in any Proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other
manner provided by applicable Law. Each party irrevocably consents to the service of the summons and complaint and any other process
in any Proceeding, on behalf of itself, or its property, by personal delivery of copies of such process to such party at the applicable
address set forth in Section 6.3. Nothing in this Section 6.11 shall affect the right of any party to serve legal process in any
other manner permitted by applicable Law.

 

6.12  
WAIVER OF TRIAL BY JURY. EACH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES THE RIGHT TO A TRIAL BY JURY IN
ANY ACTION, SUIT, COUNTERCLAIM OR OTHER PROCEEDING (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF, CONNECTED WITH
OR RELATING TO THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREBY, OR THE ACTIONS OF THE INVESTORS IN THE NEGOTIATION, ADMINISTRATION,
PERFORMANCE OR ENFORCEMENT HEREOF.

 

6.13  
Termination of Business Combination Agreement. This Agreement shall be binding upon each party upon such party’s
execution and delivery of this Agreement, but this Agreement shall only become effective upon the Closing. In the event that the
Business Combination Agreement is validly terminated in accordance with its terms prior to the Closing, this Agreement shall automatically
terminate and become null and void and be of no further force or effect, and the parties shall have no obligations hereunder.

 

[REMAINDER OF PAGE INTENTIONALLY LEFT
BLANK; SIGNATURE PAGES FOLLOW]

 

    	 	17	 

     

    

 

IN WITNESS WHEREOF,
the parties have caused this Registration Rights Agreement to be executed and delivered as of the date first written above.

 

	 	Pubco:
	 	 	 
	 	DOTA HOLDINGS LIMITED
	 	 	 
	 	By:	/s/ Aamer Sarfraz
	 	Name:  	Aamer Sarfraz

	 	Title:  	Director
	 	 	 
	 	The Purchaser Representative:
	 	 	 
	 	DRAPER OAKWOOD INVESTMENTS, LLC,
	 	in its capacity under the Business Combination Agreement
    as the Purchaser Representative
	 	 	                   
	 	By:	/s/ Aamer Sarfraz
	 	Name:	Aamer Sarfraz
	 	Title:	Managing Member

 

[Signature Page to Registration Rights
Agreement]

  

    	 	18	 

     

    

  

IN WITNESS WHEREOF,
the parties have caused this Registration Rights Agreement to be executed and delivered as of the date first written above.

 

	 	Investor:
	 	 	 
	 	GGV III ENTREPRENEURS FUND L.P.
	 	 	 
	 	By:	/s/ Stephen Hyndman
	 	 	Name: Stephen Hyndman
	 	 	Title:   Attorney in Fact
	 	 	 
	 	GRANITE GLOBAL VENTURES III L.P.
	 	 	 
	 	By:	/s/ Stephen Hyndman            
	 	 	Name: Stephen Hyndman
	 	 	Title:   Attorney in Fact
	 	 	 
	 	SINGAPORE INNOVATE PTE. LTD.
	 	 	 
	 	By:	/s/ Pang Heng Soon
	 	 	Name: Pang Heng Soon
	 	 	Title:   Head, Venture Building
	 	 	 
	 	INTEL CAPITAL CORPORATION
	 	 	 
	 	By:	/s/
                                         David Getzinger

	 	 	Name: David Getzinger
	 	 	Title:   Authorized Signatory
	 	 	 
	 	MATRIX PARTNERS CHINA I HONG KONG LIMITED
	 	 	 
	 	By:	/s/ Yibo Shao
	 	 	Name: Yibo Shao
	 	 	Title:   Director
	 	 	 
	 	MEDIACORP PTE. LTD.
	 	 
	 	By:	/s/
                                         Tham Loke Kheng

	 	 	Name: Tham Loke Kheng
	 	 	Title:   CEO

 

[Signature Page to Registration Rights
Agreement]

 

    	 	19	 

     

    

 

	 	PARADISE TANAGER LIMITED
	 	 	 
	 	By:	/s/ Teoh Sin Rui
	 	 	Name: Teoh Sin Rui
	 	 	Title:   Director
	 	 	 
	 	/s/
                                         Samuel Lim Kok Eng

	 	Samuel Lim Kok Eng
	 	 	 
	 	SIRIUS ANGEL FUND PTE. LTD.
	 	 	 
	 	By:	/s/
                                         Eugene Wong

	 	 	Name: Eugene Wong
	 	 	Title:   Director
	 	 	 
	 	SIRIUS SME GROWTH PARTNERS I LIMITED
	 	 	 
	 	By:	/s/ Glenn Chao
	 	 	Name: Glenn Chao
	 	 	Title:   Director
	 	 	 
	 	VERTEX ASIA GROWTH LTD.
	 	 	 
	 	By:	/s/ Chua Kee Lock
	 	 	Name: Chua Kee Lock
	 	 	Title: Corporate Representative
	 	 	 
	 	VERTEX ASIA INVESTMENTS PTE. LTD.
	 	 	 
	 	By:	/s/ Chua Kee Lock
	 	 	Name: Chua Kee Lock
	 	 	Title:   Corporate Representative
	 	 	 
	 	VIOLET KITE LIMITED
	 	 	 
	 	By:	/s/ Teoh Sin Rui
	 	 	Name: Teoh Sin Rui
	 	 	Title:   Director

 

[Signature Page to Registration Rights
Agreement]

 

    	 	20	 

     

    

 

	 	YUAN CAPITAL PTE. LTD.
	 	 	 
	 	By:	/s/ Goh Tiow Guan
	 	 	Name: Goh Tiow Guan
	 	 	Title:   Director
	 	 	 
	 	YUAN RESOURCES PTE. LTD.
	 	 	 
	 	By:	/s/ Goh Tiow Guan
	 	 	Name: Goh Tiow Guan
	 	 	Title:   Director
	 	 	 
	 	LION-OCBC CAPITAL ASIA I HOLDING PTE. LTD.
	 	 	 
	 	By:	/s/ Daniel Kwan Chieu
    Bock
	 	 	Name: Daniel Kwan Chieu Bock
	 	 	Title:   Director
	 	 	 
	 	OVERSEA-CHINESE BANKING CORPORATION LIMITED
	 	 	 
	 	By:	/s/ Daniel Kwan Chieu
    Bock
	 	 	Name: Daniel Kwan Chieu Bock
	 	 	Title:   Head, Mezzanine Capital Unit, OCBC Bank
	 	 	 
	 	/s/
                                         Ji Weidong (Richard)

	 	Ji Weidong (Richard)
	 	 	 
	 	VENTURECRAFT TWO PTE LTD.
	 	 	 
	 	By:	/s/ Ong Jeong Shing
	 	 	Name:  Ong Jeong Shing
	 	 	Title:    Investment Director
	 	 	 
	 	/s/ Liu
    Qin (Richard)
	 	Liu Qin (Richard)

 

[Signature Page to Registration Rights
Agreement]

 

    	 	21	 

     

    

 

EXHIBIT
A

 

Investors

 

	Name of Investor	 	Address of Investor
	GGV III Entrepreneurs Fund L.P.	 	 
	Granite Global Ventures III L.P.	 	 
	Singapore Innovate Pte. Ltd.	 	 
	Intel Capital Corporation	 	 
	Matrix Partners China I Hong Kong Limited	 	 
	MediaCorp Pte. Ltd.	 	 
	Paradise Tanager Limited	 	 
	Samuel Lim Kok Eng	 	 
	Sirius Angel Fund Pte. Ltd.	 	 
	Sirius SME Growth Partners I Limited	 	 
	Vertex Asia Growth Ltd.	 	 
	Vertex Asia Investments Pte. Ltd.	 	 
	Violet Kite Limited	 	 
	Yuan Capital Pte. Ltd.	 	 
	Yuan Resources Pte. Ltd.	 	 
	Lion-OCBC Capital Asia I Holding Pte. Ltd.	 	 
	Oversea-Chinese Banking Corporation Limited	 	 
	Ji Weidong (Richard)	 	 
	Venturecraft Two Pte Ltd.	 	 
	Liu Qin (Richard)	 	 

 

    	 	22

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