Document:

Exhibit 10.4

   

  

  REGISTRATION AND STOCKHOLDER RIGHTS AGREEMENT

   

  THIS REGISTRATION AND STOCKHOLDER RIGHTS AGREEMENT (this “Agreement”), dated as
      of March 19, 2021, is made and entered into by and among KKR Acquisition Holdings I Corp., a Delaware corporation (the “Company”), KKR Acquisition Sponsor I LLC, a Delaware limited liability company (the “Sponsor”), and
      the undersigned parties listed under Holder on the signature page hereto (each such party, together with the Sponsor, members of the Sponsor and any person or entity who hereafter becomes a party to this Agreement pursuant to Section 6.2 of
      this Agreement, a “Holder” and collectively the “Holders”).

   

  RECITALS

   

  WHEREAS, the Company and the Sponsor have entered into that certain Securities
      Subscription Agreement, dated as of January 25, 2021, pursuant to which the Sponsor purchased an aggregate of 28,750,000 shares (the “Founder Shares”) of the Company’s Class B common stock, par value $0.0001 per share (the “Class
          B Common Stock”);

   

  WHEREAS, the Sponsor subsequently transferred an aggregate of 105,000 Founder Shares
      to certain other Holders;

   

  WHEREAS, in March 2021, the Company effected a stock split resulting in the
    Initial Stockholders holding 34,500,000 Founder Shares (up to 4,500,000 of which are subject to
      forfeiture by the Sponsor if the over-allotment option in connection with the Company’s initial public offering is not exercised in full);

   

  WHEREAS, the Founder Shares are convertible into shares of the Company’s Class A
      common stock, par value $0.0001 per share (the “Common Stock”), at the time of the initial Business Combination (as defined below) on a one-for-one basis, subject to adjustment, on the terms and conditions provided in the Company’s
      amended and restated certificate of incorporation, as may be amended from time to time;

   

  WHEREAS, the Company and the Sponsor have entered into that certain Warrant Purchase
      Agreement, pursuant to which the Sponsor agreed to purchase 19,333,333 warrants (or 21,733,333 warrants if the over-allotment option in connection with the Company’s initial public offering is exercised in full) (together with any other warrants
      issued by the Company to the Sponsor on substantially the same terms, the “Private Placement Warrants”), in a private placement transaction occurring simultaneously with the closing of the Company’s initial public offering, each Private
      Placement Warrant entitling the holder to purchase one share of Common Stock at an exercise price of $11.50 per share; and

   

  WHEREAS, the Company and the Holders desire to enter into this Agreement, pursuant to
      which the Company shall grant the Holders certain registration rights with respect to certain securities of the Company, as set forth in this Agreement.

   

  NOW, THEREFORE, in consideration of the mutual representations, covenants and
      agreements contained herein, and certain other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:

   

  ARTICLE I

      DEFINITIONS

   

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

   

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

   

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

   

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

   

  “Business Combination” shall mean any merger, capital stock exchange, asset
      acquisition, stock purchase, reorganization or other similar business combination with one or more businesses, involving the Company.

   

  “Class B Common Stock” shall have the meaning given in the Recitals hereto.

   

  “Commission” shall mean the U.S. Securities and Exchange Commission.

   

  “Common Stock” shall have the meaning given in the Recitals hereto.

   

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

   

  “Demand Registration” shall have the meaning given in subsection 2.1.1.

   

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

   

  “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended.

   

  “Form S-1” shall have the meaning given in subsection 2.1.1.

   

  “Form S-3” shall have the meaning given in subsection 2.3.

   

  “Founder Shares” shall have the meaning given in the Recitals hereto and shall
      be deemed to include the shares of Common Stock issuable upon conversion thereof.

   

  “Founder Shares Lock-Up Period” shall mean, with respect to the Founder Shares,
      the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination or (B) subsequent to the Business Combination, (x) if the last reported sale price of the Common Stock equals or exceeds $12.00 per
      share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 120 days after the Company’s initial Business Combination or (y) the
      date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash,
      securities or other property.

   

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

   

  “Insider Letter” shall mean that certain letter agreement, dated as of the date
      hereof, by and among the Company, the Sponsor, each member of the Sponsor, each of the Company’s executive officers, directors and director nominees and certain consultants of the Company.

   

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

   

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

   

  “Nominee” shall have the meaning given in subsection 5.1.1.

   

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

   

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

   

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

   

  “Private Placement Warrants” shall have the meaning given in the Recitals
      hereto.

   

  “Pro Rata” shall have the meaning given in subsection 2.1.4.

   

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

   

  “Registrable Security” shall mean (a) the shares of Common Stock issued or
      issuable upon the conversion of any Founder Shares, (b) the Private Placement Warrants (including any shares of the Common Stock issued or issuable upon the exercise of any such Private Placement Warrants), (c) any outstanding shares of Common Stock
      or any other equity security (including the shares of Common Stock issued or issuable upon the exercise of any other equity security) of the Company held by a Holder as of the date of this Agreement or purchased in the IPO or at any time thereafter,
      (d) any equity securities (including the shares of Common Stock issued or issuable upon the exercise of any such equity security) of the Company issuable upon conversion of any working capital loans in an amount up to $3,000,000 made to the Company
      by a Holder, and (e) any other equity security of the Company issued or issuable with respect to any such shares of Common Stock by way of a stock dividend or stock split or in connection with a combination of shares, recapitalization, merger,
      consolidation or reorganization; provided, however, that, as to any particular Registrable Security, such securities shall cease to be Registrable Securities when: (A) a Registration Statement with respect to the sale of such
      securities shall have become effective under the Securities Act and such securities shall have been sold, transferred, disposed of or exchanged in accordance with such Registration Statement; (B) such securities shall have been otherwise transferred,
      new certificates for such securities not bearing a legend restricting further transfer shall have been delivered by the Company and subsequent public distribution of such securities shall not require registration under the Securities Act; (C) such
      securities shall have ceased to be outstanding; (D) such securities may be sold without registration pursuant to Rule 144 promulgated under the Securities Act (or any successor rule promulgated thereafter by the Commission) (but with no volume or
      other restrictions or limitations); or (E) such securities have been sold to, or through, a broker, dealer or underwriter in a public distribution or other public securities transaction.

   

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

   

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

   

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

   

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

   

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

   

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

   

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

   

  (F) reasonable fees and expenses of one (1) legal counsel selected by the Demanding Holder
      initiating a Demand Registration to be registered for offer and sale in the applicable Registration.

   

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

   

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

   

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

   

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

   

  “Sponsor Director” means an individual elected to the Board that has been
      nominated pursuant to Section 5.1.

   

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

   

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

   

  ARTICLE II

      REGISTRATIONS

   

  2.1 Demand Registration.

   

  2.1.1 Request for Registration. Subject to the provisions of subsection 2.1.4
      and Section 2.4 hereof, at any time and from time to time on or after the date the Company consummates the Business Combination, any Holder that together with its affiliates owns at least 20% in interest of the then-outstanding number of
      Registrable Securities (the “Demanding Holder”) may make a written demand for Registration of all or part of its Registrable Securities, which written demand shall describe the amount and type of securities to be included in such
      Registration and the intended method(s) of distribution thereof (such written demand a “Demand Registration”). The Company shall, within five (5) days of the Company’s receipt of the Demand Registration, notify, in writing, all other
      Holders of Registrable Securities of such demand, and each Holder of Registrable Securities who thereafter wishes to include all or a portion of such Holder’s Registrable Securities in a Registration pursuant to a Demand Registration (each such
      Holder that includes all or a portion of such Holder’s Registrable Securities in such Registration, a “Requesting Holder”) shall so notify the Company, in writing, within five (5) days after the receipt by the Holder of the notice from
      the Company. Upon receipt by the Company of any such written notification from a Requesting Holder(s) to the Company, such Requesting Holder(s) shall be entitled to have their Registrable Securities included in a Registration pursuant to a Demand
      Registration. As soon as practicable, but not more than forty five (45) days immediately after the Company’s receipt of the Demand Registration, the Company shall effect the Registration of all Registrable Securities requested by the Demanding Holder
      and Requesting Holders pursuant to such Demand Registration. Under no circumstances shall the Company be obligated to effect more than two (2) Registrations per eligible Holder pursuant to a Demand Registration under this subsection 2.1.1; provided,
      however, that a Registration shall not be counted for such purposes unless a Form S-1 or any similar long-form registration statement that may be available at such time (“Form S-1”) has become effective and all of the Registrable
      Securities requested by the Demanding Holder and the Requesting Holders to be registered on behalf of the Demanding Holder and the Requesting Holders in such Form S-1 Registration have been sold, in accordance with Section 3.1 of this
      Agreement.

   

  
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  2.1.2 Effective Registration. Notwithstanding the provisions of subsection 2.1.1
      above or any other part of this Agreement, a Registration pursuant to a Demand Registration shall not count as a Registration unless and until (i) the Registration Statement filed with the Commission with respect to a Registration pursuant to a
      Demand Registration has been declared effective by the Commission and (ii) the Company has complied with all of its obligations under this Agreement with respect thereto; provided, further, that if, after such Registration Statement
      has been declared effective, an offering of Registrable Securities in a Registration pursuant to a Demand Registration is subsequently interfered with by any stop order or injunction of the Commission, federal or state court or any other governmental
      agency the Registration Statement with respect to such Registration shall be deemed not to have been declared effective, unless and until, (i) such stop order or injunction is removed, rescinded or otherwise terminated and (ii) the Demanding Holder
      initiating such Demand Registration thereafter affirmatively elects within five (5) days to continue with such Registration and accordingly notifies the Company in writing of such election within such five (5)-day period; provided, further,
      that the Company shall not be obligated or required to file another Registration Statement until the Registration Statement that has been previously filed with respect to a Registration pursuant to a Demand Registration becomes effective or is
      subsequently terminated.

   

  2.1.3 Underwritten Offering. Subject to the provisions of subsection 2.1.4 and
      Section 2.4 hereof, if the Demanding Holder so advises the Company as part of its Demand Registration that the offering of the Registrable Securities pursuant to such Demand Registration shall be in the form of an Underwritten Offering, then
      the right of such Demanding Holder and each Requesting Holder (if any) to include its Registrable Securities in such Registration shall be conditioned upon such Holder’s participation in such Underwritten Offering and the inclusion of such Holder’s
      Registrable Securities in such Underwritten Offering to the extent provided herein. All such Holders proposing to distribute their Registrable Securities through an Underwritten Offering under this subsection 2.1.3 shall enter into an
      underwriting agreement in customary form with the Underwriter(s) selected for such Underwritten Offering by the Demanding Holder initiating the Demand Registration.

   

  2.1.4 Reduction of Underwritten Offering. If the managing Underwriter or Underwriters
      in an Underwritten Registration pursuant to a Demand Registration, in good faith, advises the Company, the Demanding Holder and the Requesting Holders (if any) in writing that the dollar amount or number of Registrable Securities that the Demanding
      Holder and the Requesting Holders (if any) desire to sell, taken together with all other Common Stock or other equity securities that the Company desires to sell and the Common Stock, if any, as to which a Registration has been requested pursuant to
      separate written contractual piggy-back registration rights held by any other stockholders who desire to sell, exceeds the maximum dollar amount or maximum number of equity securities that can be sold in the Underwritten Offering without adversely
      affecting the proposed offering price, the timing, the distribution method, or the probability of success of such offering (such maximum dollar amount or maximum number of such securities, as applicable, the “Maximum Number of Securities”),

      then the Company shall include in such Underwritten Offering, as follows: (i) first, the Registrable Securities of the Demanding Holder and the Requesting Holders (if any) (pro rata based on the respective number of Registrable Securities that the
      Demanding Holder and each Requesting Holder (if any) has requested be included in such Underwritten Registration and the aggregate number of Registrable Securities that the Demanding Holder and the Requesting Holders (if any) have requested be
      included in such Underwritten Registration (such proportion is referred to herein as “Pro Rata”)) that can be sold without exceeding the Maximum Number of Securities; (ii) second, to the extent that the Maximum Number of Securities has
      not been reached under the foregoing clause (i), the Common Stock or other equity securities that the Company desires to sell, which can be sold without exceeding the Maximum Number of Securities; and (iii) third, to the extent that the Maximum
      Number of Securities has not been reached under the foregoing clauses (i) and (ii), the Common Stock or other equity securities of other persons or entities that the Company is obligated to register in a Registration pursuant to separate written
      contractual arrangements with such persons and that can be sold without exceeding the Maximum Number of Securities.

   

  2.1.5 Demand Registration Withdrawal. The Demanding Holder initiating a Demand
      Registration pursuant to a Registration under subsection 2.1.1 and any Requesting Holder shall have the right to withdraw from a Registration pursuant to such Demand Registration for any or no reason whatsoever upon written notification to
      the Company and the Underwriter or Underwriters (if any) of their intention to withdraw from such Registration prior to the effectiveness of the Registration Statement filed with the Commission with respect to the Registration of their Registrable
      Securities pursuant to such Demand Registration. Notwithstanding anything to the contrary in this Agreement, the Company shall be responsible for the Registration Expenses incurred in connection with a Registration pursuant to a Demand Registration
      prior to its withdrawal under this subsection 2.1.5.

   

  
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  2.2 Piggyback Registration.

   

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

   

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

   

  (a) If the Registration is undertaken for the Company’s account, the Company shall include in
      any such Registration (A) first, the Common Stock or other equity securities that the Company desires to sell, which can be sold without exceeding the Maximum Number of Securities; (B) second, to the extent that the Maximum Number of Securities has
      not been reached under the foregoing clause (A), the Registrable Securities of Holders exercising their rights to register their Registrable Securities pursuant to subsection 2.2.1 hereof, Pro Rata, which can be sold without exceeding the
      Maximum Number of Securities; and (C) third, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses (A) and (B), the Common Stock, if any, as to which Registration has been demanded pursuant to separate
      written contractual arrangements with persons or entities other than the Holders of Registrable Securities hereunder or requested pursuant to written contractual piggy-back registration rights of other stockholders of the Company, which can be sold
      without exceeding the Maximum Number of Securities;

   

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

   

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

   

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

   

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

   

  2.4 Restrictions on Registration Rights. If (A) during the period starting with the
      date sixty (60) days prior to the Company’s good faith estimate of the date of the filing of, and ending on a date one hundred and twenty (120) days after the effective date of, a Company initiated Registration and provided that the Company has
      delivered written notice to the Holders prior to receipt of a Demand Registration pursuant to subsection 2.1.1 and it continues to actively employ, in good faith, all reasonable efforts to cause the applicable Registration Statement to become
      effective; (B) the Holders have requested an Underwritten Registration and the Company and the Holders are unable to obtain the commitment of underwriters to firmly underwrite the offer; or (C) in the good faith judgment of the Board such
      Registration would be seriously detrimental to the Company and the Board concludes as a result that it is essential to defer the filing of such Registration Statement at such time, then in each case the Company shall furnish to such Holders a
      certificate signed by the Chairman of the Board stating that in the good faith judgment of the Board it would be seriously detrimental to the Company for such Registration Statement to be filed in the near future and that it is therefore essential to
      defer the filing of such Registration Statement. In such event, the Company shall have the right to defer such filing for a period of not more than thirty (30) days; provided, however, that the Company shall not defer its obligation in this manner
      more than once in any 12-month period. Notwithstanding anything to the contrary contained in this Agreement, no Registration shall be effected or permitted and no Registration Statement shall become effective, with respect to any Registrable
      Securities held by any Holder, until after the expiration of the Founder Shares Lock-Up Period or the Private Placement Lock-Up Period, as the case may be.

   

  
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  ARTICLE III

      COMPANY PROCEDURES

   

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

   

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

   

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

   

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

   

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

   

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

   

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

   

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

   

  3.1.8 at least five (5) days prior to the filing of any Registration Statement, or at least one
      (1) day prior to the filing of any Prospectus or any amendment or supplement to such Registration Statement or Prospectus or any document that is to be incorporated by reference into such Registration Statement or Prospectus, furnish a copy thereof
      to each seller of such Registrable Securities or its counsel;

   

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

   

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

   

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

   

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

   

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

   

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

   

  3.1.15 if the Registration involves the Registration of Registrable Securities involving gross
      proceeds in excess of $50,000,000, use its reasonable efforts to make available senior executives of the Company to participate in customary “road show” presentations that may be reasonably requested by the Underwriter in any Underwritten Offering;
      and

   

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

   

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

   

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

   

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

   

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

   

  ARTICLE IV

      INDEMNIFICATION AND CONTRIBUTION

   

  4.1 Indemnification.

   

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

   

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

   

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

   

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

   

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

   

  
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  ARTICLE V

      STOCKHOLDER RIGHTS

   

  5.1 Subject to the terms and conditions of this Agreement, at any time and from time to time
      on or after the date that the Company consummates a Business Combination and for so long as the Sponsor or the future holders of the Founder Shares (or the securities into which the Founder Shares convert), as applicable, holds any Registrable
      Securities:

   

  5.1.1 The Sponsor and the future holders of the Founder Shares (or the securities into which
      the Founder Shares convert) held by the Sponsor as of the date hereof shall have the right, but not the obligation, to designate (a) three (3) individuals, for so long as such persons continue to hold, collectively, at least 50% of the Founder Shares
      (or the securities into which the Founder Shares convert) held by the Sponsor as of the date hereof, (b) two (2) individuals, for so long as such persons continue to hold, collectively, at least 30% of the Founder Shares (or the securities into which
      the Founder Shares convert) held by the Sponsor as of the date hereof, and (c) one (1) individual, for so long as such persons continue to hold, collectively, at least 20% of the Founder Shares (or the securities into which the Founder Shares
      convert) held by the Sponsor as of the date hereof, in each case, to be appointed or nominated, as the case may be, for election to the Board (including any successor, each, a “Nominee”) by giving written notice to the Company on or
      before the time such information is reasonably requested by the Board or the Nominating and Corporate Governance Committee of the Board, as applicable, for inclusion in a proxy statement for a meeting of stockholders.

   

  5.1.2 The Company will, as promptly as practicable, use its best efforts to take all necessary
      and desirable actions (including, without limitation, calling special meetings of the Board and the stockholders and recommending, supporting and soliciting proxies) so that the applicable number of Sponsor Directors is serving on the Board at all
      times during which the nomination rights provided in Section 5.1.1 are applicable.

   

  5.1.3 The Company shall, to the fullest extent permitted by applicable law, use its best
      efforts to take all actions necessary to ensure that: (i) each Nominee is included in the Board’s slate of nominees to the stockholders of the Company for each election of directors and (ii) each Nominee is included in the proxy statement prepared by
      the Company in connection with soliciting proxies for every meeting of the stockholders of the Company called with respect to the election of members of the Board, and at every adjournment or postponement thereof, and on every action or approval by
      written consent of the stockholders of the Company or the Board with respect to the election of members of the Board.

   

  5.1.4 If a vacancy occurs because of the death, disability, disqualification, resignation, or
      removal of a Sponsor Director or for any other reason during the period in which rights provided in Section 5.1.1 are applicable, the Sponsor or the future holders of the Founder Shares (or the securities into which the Founder Shares
      convert), as the case may be, shall be entitled to designate such person’s successor, and the Company will, as promptly as practicable following such designation, use its best efforts to take all necessary and desirable actions, to the fullest extent
      permitted by law, within its control such that such vacancy shall be filled with such successor Nominee.

   

  5.1.5 If a Nominee is not elected because of such Nominee’s death, disability,
      disqualification, withdrawal as a nominee or for any other reason, the Sponsor or the future holders of the Founder Shares (or the securities into which the Founder Shares convert), as the case may be, shall be entitled to designate promptly another
      Nominee and the Company will take all necessary and desirable actions within its control such that the director position for which such Nominee was nominated shall not be filled pending such designation.

   

  
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  5.1.6 As promptly as reasonably practicable following the request of any Sponsor Director, the
      Company shall enter into an indemnification agreement with such Sponsor Director, in the form entered into with the other members of the Board. The Company shall pay the reasonable, documented out-of-pocket expenses incurred by the Sponsor Director
      in connection with his or her services provided to or on behalf of the Company, including attending meetings or events attended explicitly on behalf of the Company at the Company’s request.

   

  5.1.7 The Company shall (i) purchase directors’ and officers’ liability insurance in an amount
      determined by the Board to be reasonable and customary and (ii) for so long as a Sponsor Director serves as a Director of the Company, maintain such coverage with respect to such Sponsor Director; provided that upon removal or resignation of
      such Sponsor Director for any reason, the Company shall take all actions reasonably necessary to extend such directors’ and officers’ liability insurance coverage for a period of not less than six years from any such event in respect of any act or
      omission occurring at or prior to such event.

   

  5.1.8 For so long as a Sponsor Director serves as a director of the Company, the Company shall
      not amend, alter or repeal any right to indemnification or exculpation covering or benefiting any director nominated pursuant to this Agreement as and to the extent consistent with applicable law, whether such right is contained in the Company’s
      certificate of incorporation or bylaws, each as amended, or another document (except to the extent such amendment or alteration permits the Company to provide broader indemnification or exculpation rights on a retroactive basis than permitted prior
      thereto).

   

  5.1.9 Any Nominee will be subject to the Company’s customary due diligence process, including
      its review of a completed questionnaire and a background check. Based on the foregoing, the Company may object to any Nominee provided (a) it does so in good faith, and (b) such objection is based upon any of the following: (i) such Nominee was
      convicted in a criminal proceeding or is a named subject of a pending criminal proceeding (excluding traffic violations and other minor offenses), (ii) such Nominee was the subject of any order, judgment, or decree not subsequently reversed,
      suspended or vacated of any court of competent jurisdiction, permanently or temporarily enjoining such proposed director from, or otherwise limiting, the following activities: (A) engaging in any type of business practice, or (B) engaging in any
      activity in connection with the purchase or sale of any security or in connection with any violation of federal or state securities laws, (iii) such Nominee was the subject of any order, judgment or decree, not subsequently reversed, suspended or
      vacated, of any federal or state authority barring, suspending or otherwise limiting for more than 60 days the right of such person to engage in any activity described in clause (ii)(B), or to be associated with persons engaged in such activity, (iv)
      such proposed director was found by a court of competent jurisdiction in a civil action or by the Commission to have violated any federal or state securities law, and the judgment in such civil action or finding by the Commission has not been
      subsequently reversed, suspended or vacated, or (v) such proposed director was the subject of, or a party to any federal or state judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated,
      relating to a violation of any federal or state securities laws or regulations. In the event the Board reasonably finds the Nominee to be unsuitable based upon one or more of the foregoing clauses (i) through (v) and reasonably objects to the
      identified director, the Sponsor or the future holders of the Founder Shares (or the securities into which the Founder Shares convert), as applicable, shall be entitled to propose a different nominee to the Board within 30 calendar days of the
      Company’s notice to Sponsor or the future holders of the Founder Shares (or the securities into which the Founder Shares convert), as applicable, of its objection to the Nominee and such replacement Nominee shall be subject to the review process
      outlined above.

   

  5.1.10 The Company shall take all necessary action to cause a Sponsor Director chosen by the
      Sponsor or the future holders of the Founder Shares (or the securities into which the Founder Shares convert), as the case may be, to be elected to the board of directors (or similar governing body) of each material operating subsidiary of the
      Company to the extent requested by the Sponsor or the future holders of the Founder Shares (or the securities into which the Founder Shares convert), as applicable. Such Sponsor Director shall have the right to attend (in person or remotely) any
      meetings of the board of directors (or similar governing body or committee thereof) of each subsidiary of the Company.

   

  
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  ARTICLE VI

      MISCELLANEOUS

   

  6.1 Notices. Any notice or communication under this Agreement must be in writing and
      given by (i) deposit in the United States mail, addressed to the party to be notified, postage prepaid and registered or certified with return receipt requested, (ii) delivery in person or by courier service providing evidence of delivery, or (iii)
      transmission by hand delivery, electronic mail, telecopy, telegram or facsimile. Each notice or communication that is mailed, delivered, or transmitted in the manner described above shall be deemed sufficiently given, served, sent, and received, in
      the case of mailed notices, on the third business day following the date on which it is mailed and, in the case of notices delivered by courier service, hand delivery, electronic mail, telecopy, telegram or facsimile, at such time as it is delivered
      to the addressee (with the delivery receipt or the affidavit of messenger) or at such time as delivery is refused by the addressee upon presentation. Any notice or communication under this Agreement must be addressed, if to the Company, to: 30 Hudson
      Yards, Suite 7500, New York, NY 10001, Attention: General Counsel, with copy to: Ropes & Gray LLP, 1211 Avenue of the Americas, New York, NY 10036, Attention: Paul Tropp and Christopher Capuzzi, and, if to any Holder, at such Holder’s address or
      facsimile number as set forth in the Company’s books and records. Any party may change its address for notice at any time and from time to time by written notice to the other parties hereto, and such change of address shall become effective thirty
      (30) days after delivery of such notice as provided in this Section 6.1.

   

  6.2 Assignment; No Third Party Beneficiaries.

   

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

   

  6.2.2 Prior to the expiration of the Founder Shares Lock-Up Period or the Private Placement
      Lock-Up Period, as the case may be, no Holder may assign or delegate such Holder’s rights, duties or obligations under this Agreement, in whole or in part, except in connection with a transfer of Registrable Securities by such Holder to a Permitted
      Transferee, but only if such Permitted Transferee agrees to become bound by the transfer restrictions set forth in this Agreement and other applicable agreements.

   

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

   

  6.2.4 This Agreement shall not confer any rights or benefits on any persons that are not
      parties hereto, other than as expressly set forth in this Agreement and Section 6.2 hereof.

   

  

  6.2.5 No assignment by any party hereto of such party’s rights, duties and obligations
      hereunder shall be binding upon or obligate the Company unless and until the Company shall have received (i) written notice of such assignment as provided in Section 6.1 hereof and (ii) the written agreement of the assignee, in a form
      reasonably satisfactory to the Company, to be bound by the terms and provisions of this Agreement (which may be accomplished by an addendum or certificate of joinder to this Agreement). Any transfer or assignment made other than as provided in this Section

        6.2 shall be null and void.

   

  6.3 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.

   

  6.4 Counterparts. This Agreement may be executed in multiple counterparts (including
      facsimile or PDF counterparts), each of which shall be deemed an original, and all of which together shall constitute the same instrument, but only one of which need be produced. A signed copy of this Agreement delivered by facsimile, e-mail or other
      means of electronic transmission shall be deemed to have the same legal effect as delivery of an original signed copy of this Agreement.

   

  
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  6.5 Entire Agreement. This Agreement (including all agreements entered into pursuant
      hereto and all certificates and instruments delivered pursuant hereto and thereto) constitute the entire agreement of the parties with respect to the subject matter hereof and supersede all prior and contemporaneous agreements, representations,
      understandings, negotiations and discussions between the parties, whether oral or written.

   

  6.6 Governing Law; Venue. NOTWITHSTANDING THE PLACE WHERE THIS AGREEMENT MAY BE
      EXECUTED BY ANY OF THE PARTIES HERETO, THE PARTIES EXPRESSLY AGREE THAT (I) THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED UNDER THE LAWS OF THE STATE OF NEW YORK AS APPLIED TO AGREEMENTS AMONG NEW YORK RESIDENTS ENTERED INTO AND TO BE PERFORMED
      ENTIRELY WITHIN NEW YORK, WITHOUT REGARD TO THE CONFLICT OF LAW PROVISIONS OF SUCH JURISDICTION AND (II) THE VENUE FOR ANY ACTION TAKEN WITH RESPECT TO THIS AGREEMENT SHALL BE ANY STATE OR FEDERAL COURT IN NEW YORK COUNTY IN THE STATE OF NEW YORK.

   

  6.7 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 Sponsor in the negotiation, administration, performance or enforcement hereof.

   

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

   

  6.9 Titles and Headings. Titles and headings of sections of this Agreement are for
      convenience only and shall not affect the construction of any provision of this Agreement.

   

  6.10 Remedies Cumulative. In the event that the Company fails to observe or perform
      any covenant or agreement to be observed or performed under this Agreement, the Holders 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.

   

  6.11 Other Registration Rights. The Company represents and warrants that no person,
      other than a Holder of Registrable Securities, has any right to require the Company to register any securities of the Company for sale or to include such securities of the Company in any Registration filed by the Company for the sale of securities
      for its own account or for the account of any other person. Further, the Company represents and warrants that this Agreement supersedes any other registration rights agreement or agreement with similar terms and conditions and in the event of a
      conflict between any such agreement or agreements and this Agreement, the terms of this Agreement shall prevail.

   

  6.12 Term. This Agreement shall terminate upon the earlier of (i) the tenth
      anniversary of the date of this Agreement or (ii) the date as of which (A) all of the Registrable Securities have been sold pursuant to a Registration Statement (but in no event prior to the applicable period referred to in Section 4(a)(3) of the
      Securities Act and Rule 174 thereunder (or any successor rule promulgated thereafter by the Commission)) or (B) there are no Registrable Securities outstanding. The provisions of Section 3.5 and Article IV shall survive any
      termination.

   

  [SIGNATURE PAGES FOLLOW]

   

  
    15 

    
      
 

  

   

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

   

  	 	COMPANY:
	 	 
	 	KKR ACQUISITION HOLDINGS I CORP.,
	 	a Delaware corporation
	 	 
	 	 
	 	By:	/s/ Glenn Murphy 

          
	 	Name:	Glenn Murphy 

          
	 	Title:	Executive Chairman and Chief Executive Officer 

          
	 	 	 
	 	 	 
	 	HOLDERS:
	 	 
	 	KKR ACQUISITION SPONSOR I LLC, 
	 	a Delaware limited liability company
	 	 
	 	By:	/s/ Glenn Murphy 

          
	 	Name:	Glenn Murphy 

          
	 	Title:	Chief Executive Officer 

          
	 	 	 
	 	By: 

        	/s/ Kimberly Ross 

        
	 	 	Kimberly Ross 

        
	 	 	 
	 	

        

   

  [Signature Page to Registration and Stockholder Rights Agreement]Exhibit 10.5

      

      

      INDEMNIFICATION AGREEMENT

      

      

      This Indemnification Agreement is dated as of March 19, 2021 (this “Agreement”) and is between KKR Acquisition Holdings I Corp., a Delaware corporation (the “Company”),

        and the undersigned director and/or officer of the Company (“Indemnitee”).

      

      

      Background

      

      

      The Company believes that, in order to attract and retain highly competent persons to serve as directors or in other capacities, including as officers, it must provide such persons with adequate protection through indemnification against the
        risks of claims and actions against them arising out of their services to and activities on behalf of the Company.

      

      

      The Company desires and has requested Indemnitee to serve as a director and/or officer of the Company and, in order to induce Indemnitee to serve as a director and/or officer of the Company, the Company is willing to grant Indemnitee the
        indemnification provided for herein. Indemnitee is willing to so serve on the basis that such indemnification be provided.

      

      

      The parties by this Agreement desire to set forth their agreement regarding indemnification and the advancement of expenses.

      

      

      In consideration of Indemnitee’s service to the Company and the covenants and agreements set forth below, and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto, intending to
        be legally bound, hereby agree as follows.

      

      

      Section 1.          Indemnification.

      

      

      To the fullest extent permitted by the General Corporation Law of the State of Delaware (the “DGCL”), but subject to Section 6 and Section 18:

      

      

      (a)          The Company shall indemnify Indemnitee if Indemnitee was or is made or is threatened to be made a party to, or is otherwise involved in, as a witness or otherwise, any action, suit or proceeding (brought
        by or in the right of the Company or otherwise), whether civil, criminal, administrative or investigative, by reason of the fact that Indemnitee is or was or has agreed to serve as a director or officer of the Company, or while serving as a
        director or officer of the Company, is or was serving or has agreed to serve at the request of the Company as a director, officer, employee or agent (which, for purposes hereof, shall include a trustee, fiduciary, partner or manager or similar
        capacity) of another corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise, or by reason of any action alleged to have been taken or omitted in any such capacity.

      

      

      (b)          The indemnification provided by this Section 1 shall be from and against all loss and liability suffered and expenses (including reasonable attorneys’ fees), judgments, fines and amounts paid in settlement
        actually incurred by or on behalf of Indemnitee in connection with such action, suit or proceeding, including any appeals.

      
        
          

      

      
      

      

      Section 2.          Advance Payment of Expenses. To the fullest extent permitted by the DGCL, and subject to Section 18, expenses (including attorneys’ fees)
        incurred by Indemnitee in appearing at, participating in or defending any action, suit or proceeding or in connection with an enforcement action as contemplated by Section 3(e), shall be paid by the Company in advance of the final disposition of
        such action, suit or proceeding within 30 days after receipt by the Company of a statement or statements from Indemnitee requesting such advance or advances from time to time. Indemnitee hereby undertakes to repay any amounts advanced (without
        interest) to the extent that it is ultimately determined that Indemnitee is not entitled under this Agreement to be indemnified by the Company in respect thereof. No other form of undertaking shall be required of Indemnitee other than the execution
        of this Agreement. This Section 2 shall be subject to Section 3(b) and shall not apply to any claim made by Indemnitee for which indemnity is excluded pursuant to Sections 6 and 7.

      

      

      Section 3.          Procedure for Indemnification; Notification and Defense of Claim.

      

      

      (a)          Promptly after receipt by Indemnitee of notice of the commencement of any action, suit or proceeding, Indemnitee shall, if a claim in respect thereof is to be made against the Company hereunder, notify the
        Company in writing of the commencement thereof. The failure to promptly notify the Company of the commencement of the action, suit or proceeding, or of Indemnitee’s request for indemnification, will not relieve the Company from any liability that
        it may have to Indemnitee hereunder, except to the extent the Company is actually and materially prejudiced in its defense of such action, suit or proceeding as a result of such failure. To obtain indemnification under this Agreement, Indemnitee
        shall submit to the Company a written request therefor including such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to enable the Company to determine whether and to what extent Indemnitee is
        entitled to indemnification.

      

      

      (b)          With respect to any action, suit or proceeding of which the Company is so notified as provided in this Agreement, the Company shall, subject to the last two sentences of this paragraph, be entitled to
        assume the defense of such action, suit or proceeding, with counsel reasonably acceptable to Indemnitee, upon the delivery to Indemnitee of written notice of its election to do so. After delivery of such notice, approval of such counsel by
        Indemnitee and the retention of such counsel by the Company, the Company will not be liable to Indemnitee under this Agreement for any subsequently-incurred fees of separate counsel engaged by Indemnitee with respect to the same action, suit or
        proceeding unless the employment of separate counsel by Indemnitee has been previously authorized in writing by the Company. Notwithstanding the foregoing, if Indemnitee, based on the advice of his or her counsel, shall have reasonably concluded
        (with written notice being given to the Company setting forth the basis for such conclusion) that, in the conduct of any such defense, there is or is reasonably likely to be a conflict of interest or position between the Company and Indemnitee with
        respect to a significant issue, then the Company will not be entitled, without the written consent of Indemnitee, to assume such defense, and, if the Company has already assumed such defense prior to receipt of such notice, Indemnitee will be
        entitled to take over such defense from the Company. In addition, the Company will not be entitled, without the written consent of Indemnitee, to assume the defense of any claim against Indemnitee brought by or in the right of the Company.

      
        2

        
          

      

      

      

      (c)          To the fullest extent permitted by the DGCL, unless Indemnitee is ineligible for indemnification pursuant to Section 6, the Company’s assumption of the defense of an
        action, suit or proceeding in accordance with paragraph (b) above will constitute an irrevocable acknowledgement by the Company that any loss and liability suffered by Indemnitee and expenses (including attorneys’ fees), judgments, fines and
        amounts paid in settlement by or for the account of Indemnitee incurred in connection therewith are indemnifiable by the Company under Section 1, absent a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to
        make Indemnitee’s statement not materially misleading, in connection with the request for indemnification.

      

      

      (d)          The determination whether to grant Indemnitee’s indemnification request shall be made promptly and in any event within 30 days following the Company’s receipt of a request for indemnification in accordance
        with Section 3(a). If the Company determines that Indemnitee is entitled to such indemnification or, as contemplated by paragraph (c) above, the Company has acknowledged such entitlement, the Company will make payment to Indemnitee of the
        indemnifiable amount within such 30-day period. If the Company is not deemed to have so acknowledged such entitlement or the Company’s determination of whether to grant Indemnitee’s indemnification request shall not have been made within such
        30-day period, the requisite determination of entitlement to indemnification shall, subject to Section 6, nonetheless be deemed to have been made and Indemnitee shall be entitled to such indemnification, absent (i) a misstatement by Indemnitee of a
        material fact, or an omission of a material fact necessary to make Indemnitee’s statement not materially misleading, in connection with the request for indemnification, or (ii) a prohibition of such indemnification under the DGCL.

      

      

      (e)          In the event that (i) the Company determines in accordance with this Section 3 that Indemnitee is not entitled to indemnification under this Agreement, (ii) the Company denies a request for
        indemnification, in whole or in part, or fails to respond or make a determination of entitlement to indemnification within 30 days following receipt of a request for indemnification as described above, (iii) payment of indemnification is not made
        within such 30-day period, or (iv) the Company or any other person takes or threatens to take any action to declare this Agreement void or unenforceable, or institutes any litigation or other action or proceeding designed to deny, or to recover
        from, Indemnitee the benefits provided or intended to be provided to Indemnitee hereunder, Indemnitee shall be entitled to an adjudication in any court of competent jurisdiction of his or her entitlement to such indemnification and/or benefits. In
        the event that advancement of expenses is not timely made in accordance with Section 2, Indemnitee shall be entitled to an adjudication in any court of competent jurisdiction of his or her entitlement to such advancement of expenses. Indemnitee’s
        expenses (including attorneys’ fees) incurred in connection with successfully establishing Indemnitee’s right to indemnification or advancement of expenses, in whole or in part, in any such proceeding or otherwise shall also be indemnified by the
        Company to the fullest extent permitted by the DGCL.

      

      

      (f)          Subject to Sections 6 and 7, Indemnitee shall be presumed to be entitled to indemnification and advancement of expenses under this Agreement upon submission of a request therefor in accordance with
        Sections 2 or 3, as the case may be. The Company shall have the burden of proof in overcoming such presumption, and such presumption shall be used as a basis for a determination of entitlement to indemnification and advancement of expenses unless
        the Company overcomes such presumption by clear and convincing evidence.

      
        3

        
          

      

      

      

      Section 4.          Insurance and Subrogation.

      

      

      (a)          The Company shall use its reasonable best efforts to purchase and maintain a policy or policies of insurance with reputable insurance companies, providing Indemnitee with coverage for any liability
        asserted against, and incurred by, Indemnitee or on Indemnitee’s behalf by reason of the fact that Indemnitee is or was or has agreed to serve as a director or officer of the Company, or while serving as a director or officer of the Company, is or
        was serving or has agreed to serve at the request of the Company as a director, officer, employee or agent (which, for purposes hereof, shall include a trustee, fiduciary, partner or manager or similar capacity) of another corporation, limited
        liability company, partnership, joint venture, trust, employee benefit plan or other enterprise, or arising out of Indemnitee’s status as such, whether or not the Company would have the power to indemnify Indemnitee against such liability under the
        provisions of this Agreement. Such insurance policies shall have coverage terms and policy limits at least as favorable to Indemnitee as the insurance coverage provided to any other director or officer of the Company. Notwithstanding the foregoing,
        the Company shall have no obligation to obtain or maintain such insurance if the Company determines in good faith that such insurance is not reasonably available, if the premium costs for such insurance are disproportionate to the amount of the
        coverage provided, if the coverage provided by such insurance is limited by exclusions so as to provide an insufficient benefit or if the Company otherwise determines in good faith that obtaining or maintaining such insurance is not in the best
        interests of the Company. If the Company has such insurance in effect at the time the Company receives from Indemnitee any notice of the commencement of an action, suit or proceeding, the Company shall give prompt notice of the commencement of such
        action, suit or proceeding to the insurers in accordance with the procedures set forth in the policy. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as
        a result of such proceeding in accordance with the terms of such policy.

      

      

      (b)          Subject to Section 9(b), in the event of any payment by the Company under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee with
        respect to any insurance policy maintained by the Company. Indemnitee shall execute all papers required and take all action necessary to secure such rights, including execution of such documents as are necessary to enable the Company to bring suit
        to enforce such rights in accordance with the terms of such insurance policy. The Company shall pay or reimburse all expenses actually and reasonably incurred by Indemnitee in connection with such subrogation.

      

      

      (c)          Subject to Section 9(b), the Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable hereunder (including, but not limited to, judgments, fines and amounts
        paid in settlement, and excise taxes or penalties relating to the Employee Retirement Income Security Act of 1974, as amended) if and to the extent that Indemnitee has otherwise actually received such payment under this Agreement or any insurance
        policy other than an insurance policy maintained by an Indemnitee-related entity, contract, agreement or otherwise.

      

      

      Section 5.          Certain Definitions. For purposes of this Agreement, the following definitions shall apply:

      
        4

        
          

      

      

      

      (a)          The term “action, suit or proceeding” shall be broadly construed and shall include, without limitation, the investigation, inquiry, hearing, preparation,
        prosecution, defense, mediation, settlement, arbitration and appeal of, and the giving of testimony in, any threatened, pending or completed claim, action, suit, arbitration, alternative dispute mechanism or proceeding, whether civil, criminal,
        administrative, investigative or other, and whether made pursuant to federal, state or other law.

      

      

      (b)          The term “by reason of the fact that Indemnitee is or was or has agreed to serve as a director or officer of the Company, or
            while serving as a director or officer of the Company, is or was serving or has agreed to serve at the request of the Company as a director, officer, employee or agent (which, for purposes hereof, shall include a trustee, partner or manager or
            similar capacity) of another corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise” shall be broadly construed and shall include, without limitation, any actual or
        alleged act or omission to act.

      

      

      (c)          The term “expenses” shall be broadly construed and shall include, without limitation, all direct and indirect costs of any type or nature whatsoever
        (including, without limitation, all attorneys’ fees and related disbursements, appeal bonds, other out-of-pocket costs and reasonable compensation for time spent by Indemnitee for which Indemnitee is not otherwise compensated by the Company or any
        third party), actually and reasonably incurred by Indemnitee in connection with either the investigation, defense or appeal of an action, suit or proceeding or establishing or enforcing a right to indemnification under this Agreement or otherwise
        incurred in connection with a claim that is indemnifiable hereunder. Expenses, however, shall not include amounts paid in settlement by Indemnitee or the amounts of judgments and fines or amounts paid in settlement.

      

      

      (d)          The term “judgments, fines and amounts paid in settlement” shall be broadly construed and shall include, without limitation, all direct and indirect payments
        of any type or nature whatsoever, as well as any penalties or excise taxes assessed on a person with respect to an employee benefit plan).

      

      

      Section 6.          Limitation on Indemnification. Notwithstanding any other provision herein to the contrary, the Company shall not be obligated pursuant to
        this Agreement:

      

      

      (a)          Claims Initiated by Indemnitee. To indemnify or advance expenses to Indemnitee with respect to an action, suit or proceeding (or part thereof) initiated by Indemnitee, except with respect to any
        compulsory counterclaim brought by Indemnitee in response to an action, suit or proceeding otherwise indemnifiable under this Agreement or an action, suit or proceeding brought to establish or enforce a right to indemnification or advancement of
        expenses under this Agreement (which shall be governed by the provisions of Section 6(b)), unless such action, suit or proceeding (or part thereof) was authorized or consented to by the Board of Directors of the Company.

      
        5

        
          

      

      

      

      (b)          Action for Indemnification. To indemnify Indemnitee for any expenses incurred by Indemnitee with respect to any action, suit or proceeding instituted by Indemnitee to enforce or interpret this
        Agreement, unless Indemnitee is successful in such action, suit or proceeding in establishing Indemnitee’s right, in whole or in part, to indemnification or advancement of expenses hereunder (in which case such indemnification or advancement shall
        be provided to the fullest extent permitted by the DGCL), or unless and to the extent that the court in such action, suit or proceeding shall determine that, despite Indemnitee’s failure to establish his or her right to indemnification, Indemnitee
        is entitled to indemnity for such expenses; provided, however, that nothing in this Section 6(b) is intended to limit the Company’s obligations with respect to the advancement of expenses to Indemnitee in connection with any such action, suit or
        proceeding instituted by Indemnitee to enforce or interpret this Agreement, as provided in Section 2.

      

      

      (c)          Certain Exchange Act Claims. To indemnify Indemnitee in connection with any action, suit or proceeding made against Indemnitee for (i) disgorgement of profits made from the purchase or sale by
        Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or similar provisions of state statutory law
        or common law, (ii) any reimbursement of the Company by Indemnitee of any bonus or other incentive-based or equity-based compensation or of any profits realized by Indemnitee from the sale of securities of the Company, as required in each case
        under the Exchange Act (including any such reimbursements that arise from an accounting restatement of the Company pursuant to Section 304 of the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley Act”),
        or the payment to the Company of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 306 of the Sarbanes-Oxley Act) or (iii) any reimbursement of the Company by Indemnitee of any compensation pursuant to
        any compensation recoupment or clawback policy adopted by the Board of Directors of the Company or the compensation committee of the Board of Directors of the Company, including but not limited to any such policy adopted to comply with stock
        exchange listing requirements implementing Section 10D of the Exchange Act.

      

      

      (d)          Fraud or Willful Misconduct. To indemnify Indemnitee on account of conduct by Indemnitee where such conduct has been determined by a final (not interlocutory) judgment or other adjudication of a
        court or arbitration or administrative body of competent jurisdiction as to which there is no further right or option of appeal or the time within which an appeal must be filed has expired without such filing to have been knowingly fraudulent or
        constitute willful misconduct.

      

      

      (e)          Prohibited by Law. To indemnify Indemnitee in any circumstance where such indemnification has been determined by a final (not interlocutory) judgment or other adjudication of a court or arbitration
        or administrative body of competent jurisdiction as to which there is no further right or option of appeal or the time within which an appeal must be filed has expired without such filing to be prohibited by law.

      

      

      Section 7.          Certain Settlement Provisions. Notwithstanding any other provision herein to the contrary, the Company shall have no obligation to
        indemnify Indemnitee under this Agreement for any amounts paid in settlement of any action, suit or proceeding without the Company’s prior written consent. The Company shall not settle any action, suit or proceeding in any manner that would impose
        any fine or other obligation on Indemnitee without Indemnitee’s prior written consent. Neither the Company nor Indemnitee will unreasonably withhold his, her, its or their consent to any proposed settlement.

      
        6

        
          

      

      

      

      Section 8.          Savings Clause. If any provision or provisions (or portion thereof) of this Agreement shall be invalidated on any ground by any court of
        competent jurisdiction, then the Company shall nevertheless indemnify Indemnitee if Indemnitee was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding (brought by or in the right of the Company
        or otherwise), whether civil, criminal, administrative or investigative and whether formal or informal, including appeals, by reason of the fact that Indemnitee is or was or has agreed to serve as a director or officer of the Company, or while
        serving as a director or officer of the Company, is or was serving or has agreed to serve at the request of the Company as a director, officer, employee or agent (which, for purposes hereof, shall include a trustee, partner or manager or similar
        capacity) of another corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise, or by reason of any action alleged to have been taken or omitted in such capacity, from and against all loss
        and liability suffered and expenses (including reasonable attorneys’ fees), judgments, fines and amounts paid in settlement incurred by or on behalf of Indemnitee in connection with such action, suit or proceeding, including any appeals, to the
        fullest extent permitted by any applicable portion of this Agreement that shall not have been invalidated.

      

      

      Section 9.          Contribution/Jointly Indemnifiable Claims.

      

      

      (a)          In order to provide for just and equitable contribution in circumstances in which the indemnification provided for herein is held by a court of competent jurisdiction to be unavailable to Indemnitee in
        whole or in part, it is agreed that, in such event, the Company shall, to the fullest extent permitted by law, contribute to the payment of all of Indemnitee’s loss and liability suffered and expenses (including reasonable attorneys’ fees),
        judgments, fines and amounts paid in settlement incurred by or on behalf of Indemnitee in connection with any action, suit or proceeding, including any appeals, in an amount that is just and equitable in the circumstances; provided, that, without
        limiting the generality of the foregoing, such contribution shall not be required where such holding by the court is due to any limitation on indemnification set forth in Sections 4(c), 6 or 7.

      

      

      (b)          Given that certain jointly indemnifiable claims may arise due to the service of Indemnitee as a director and/or officer of the Company at the request of Indemnitee-related entities, the Company
        acknowledges and agrees that the Company shall be fully and primarily responsible for the payment to Indemnitee in respect of indemnification or advancement of expenses in connection with any such jointly indemnifiable claim, pursuant to and in
        accordance with the terms of this Agreement, irrespective of any right of recovery Indemnitee may have from Indemnitee-related entities. Under no circumstance shall the Company be entitled to any right of subrogation against or contribution by
        Indemnitee-related entities and no right of advancement, indemnification or recovery Indemnitee may have from Indemnitee-related entities shall reduce or otherwise alter the rights of Indemnitee or the obligations of the Company hereunder. In the
        event that any of Indemnitee-related entities shall make any payment to Indemnitee in respect of indemnification or advancement of expenses with respect to any jointly indemnifiable claim, the Indemnitee-related entity making such payment shall be
        subrogated to the extent of such payment to all of the rights of recovery of Indemnitee against the Company, and Indemnitee shall execute all papers reasonably required and shall do all things that may be reasonably necessary to secure such rights,
        including the execution of such documents as may be necessary to enable Indemnitee-related entities effectively to bring suit to enforce such rights. The Company and Indemnitee agree that each of Indemnitee-related entities shall be third-party
        beneficiaries with respect to this Section 9(b), entitled to enforce this Section 9(b) as though each such Indemnitee-related entity were a party to this Agreement. For purposes of this Section 9(b), the following terms shall have the following
        meanings:

      
        7

        
          

      

      

      

      (i)          The term “Indemnitee-related entities” means any corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other
        enterprise (other than the Company or any other corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise for which Indemnitee has agreed, on behalf of the Company or at the Company’s
        request, to serve as a director, officer, employee or agent and which service is covered by the indemnity described in this Agreement) from whom an Indemnitee may be entitled to indemnification or advancement of expenses with respect to which, in
        whole or in part, the Company may also have an indemnification or advancement obligation (other than as a result of obligations under an insurance policy).

      

      

      (ii)          The term “jointly indemnifiable claims” shall be broadly construed and shall include, without limitation, any action, suit or proceeding for which Indemnitee
        shall be entitled to indemnification or advancement of expenses from both Indemnitee-related entities and the Company pursuant to the DGCL or other comparable governing law, or any agreement or the certificate of incorporation, bylaws, partnership
        agreement, operating agreement, certificate of formation, certificate of limited partnership or other comparable organizational documents, of the Company or Indemnitee-related entities, as applicable.

      

      

      Section 10.          Form and Delivery of Communications. All notices, requests, demands and other communications under this Agreement shall be in writing and
        shall be deemed to have been duly given if (a) delivered by hand, upon receipt by the party to whom said notice or other communication shall have been directed, (b) mailed by certified or registered mail with postage prepaid, on the third business
        day after the date on which it is so mailed, (c) mailed by reputable overnight courier, one day after deposit with such courier and with written verification of receipt, or (d) sent by email transmission, with receipt of oral confirmation that such
        transmission has been received. Notice to the Company shall be directed to KKR Acquisition Holdings I Corp., Attention: General Counsel, email: general.counsel@kkr.com. Notice to Indemnitee shall be directed to, email: [].

      

      

      Section 11.          Nonexclusivity. The provisions for indemnification and advancement of expenses set forth in this Agreement shall not be deemed exclusive
        of any other rights which Indemnitee may have under the certificate of incorporation of the Company, the bylaws of the Company, any provision of law, in any court in which a proceeding is brought, other agreements or otherwise, and Indemnitee’s
        rights hereunder shall inure to the benefit of the heirs, executors and administrators of Indemnitee. No amendment or alteration of the Company’s certificate of incorporation or bylaws or any other agreement shall adversely affect the rights
        provided to Indemnitee under this Agreement.

      

      

      Section 12.          No Construction as Employment Agreement. Nothing contained herein shall be construed as giving Indemnitee any right to be retained as a
        director of the Company or in the employ of the Company. The indemnification and advancement of expenses provided under this Agreement shall continue as to Indemnitee even though he may have ceased to be a director or officer of the Company.

      
        8

        
          

      

      

      

      Section 13.          Interpretation of Agreement. It is understood that the parties hereto intend this Agreement to be interpreted and enforced so as to
        provide indemnification to Indemnitee to the fullest extent now or hereafter permitted by the DGCL. If any part of this Agreement is found to be unenforceable, the rest of this Agreement will remain in full force and effect, and the unenforceable
        part will be reformed to give the greatest effect to provide indemnification to the Indemnitee.

      

      

      Section 14.          Entire Agreement. This Agreement and the documents expressly referred to herein constitute the entire agreement between the parties
        hereto with respect to the matters covered hereby, and any other prior or contemporaneous oral or written understandings or agreements with respect to the matters covered hereby are expressly superseded by this Agreement.

      

      

      Section 15.          Modification and Waiver. No supplement, modification, waiver or amendment of this Agreement shall be binding unless executed in writing
        by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provision hereof (whether or not similar) nor shall such waiver constitute a continuing waiver. This
        Agreement may not be terminated by the Company without Indemnitee’s prior written consent. No failure or delay by a party hereto in exercising any right hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof
        preclude any other or further exercise thereof or any other right hereunder.

      

      

      Section 16.          Successor and Assigns. All of the terms and provisions of this Agreement shall be binding upon, shall inure to the benefit of and shall
        be enforceable by the parties hereto and their respective successors, assigns, heirs, executors, administrators and legal representatives. The Company shall require and cause any direct or indirect successor (whether by purchase, merger,
        consolidation or otherwise) to all or substantially all of its business, equity or assets, by written agreement in form and substance reasonably satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner
        and to the same extent that the Company would be required to perform if no such succession had taken place.

      

      

      Section 17.          Exclusive Forum. The Company and Indemnitee hereby (i) irrevocably and unconditionally agree that any action or proceeding arising out of
        or in connection with this Agreement shall be brought only in the Chancery Court of the State of Delaware (the “Delaware Court”), and not in any other state or federal court in the United States of
        America or any court in any other country, (ii) irrevocably and unconditionally consent to submit to the exclusive jurisdiction of the Delaware Court for purposes of any action or proceeding arising out of or in connection with this Agreement,
        (iii)  irrevocably and unconditionally waive any objection to the laying of venue of any such action or proceeding in the Delaware Court, and (iv) irrevocably and unconditionally waive, and agree not to plead or to make, any claim that any such
        action or proceeding brought in the Delaware Court has been brought in an improper or inconvenient forum.

      
        9

        
          

      

      

      

      Section 18.          Waiver of Claims to Trust Account. Notwithstanding anything contained herein to the contrary, Indemnitee hereby agrees that it does not
        have any right, title, interest or claim of any kind in or to any monies in the trust account established in connection with the Company’s initial public offering for the benefit of the Company and holders of shares issued in such offering, and
        hereby agrees not to seek recourse against such trust account for any reason whatsoever.  Accordingly, Indemnitee acknowledges and agrees that any indemnification payment provided hereto will only be able to be paid by the Company (i) if prior to a
        Business Combination, to the extent the Company has sufficient funds outside of the trust account to satisfy its obligations hereunder or (ii) on or after the date that the Company consummates a Business Combination, and in both cases such
        indemnification payment shall accrue and become due and payable immediately upon the occurrence of either event in clauses (i) and (ii).

      

      

      Section 19.          Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware.

      

      

      Section 20.          Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed to be an original and all of
        which together shall be deemed to be one and the same instrument, notwithstanding that both parties are not signatories to the original or same counterpart. Signatures transmitted electronically, including in portable document format (“.pdf”),
        shall be accepted as originals for all purposes of this Agreement. The words “execution,” “signed,” “signature,” “delivery,” and words of like import in or relating to this Agreement or any document to be signed in connection with this Agreement
        shall be deemed to include electronic signatures, deliveries or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or
        the use of a paper-based recordkeeping system, as the case may be, and the parties hereto consent to conduct the transactions contemplated hereunder by electronic means.

      

      

      Section 21.          Headings; Section References. The section and subsection headings contained in this Agreement are for reference purposes only and shall
        not affect in any way the meaning or interpretation of this Agreement. Except as otherwise indicated, section references herein refer to sections of this Agreement.

      

      

      [Remainder of Page Intentionally Left Blank; Signatures Follow]

      
        10

        
          

      

      

      

      This Agreement has been duly executed and delivered to be effective as of the date stated above.

      

      

      	 	
              KKR ACQUISITION HOLDINGS I CORP.

            
	 	 	 
	 	
              By

            	 	

            
	 	
              Name:

            	 	Glenn Murphy 

            
	 	
              Title:

              

            	 	Executive Chairman and Chief Executive Officer 

            
	 	 
	 	
              INDEMNITEE:

            
	 	 
	 	 
	 	
              Name:

            	 	 

      

      

      INDEMNIFICATION AGREEMENT

      

      

      [Signature Page to Indemnification Agreement]

      

      

    

  

  11

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