Document:

PROMISSORY NOTE, DATED JUNE 29, 2007, ISSUED TO PAUL G. JOUBERT

 EXHIBIT 10.17 
 PROMISSORY NOTE 
  

			
	$50,000.00	  	 Dated as of June 29, 2007

		
		  	 Boston, Massachusetts

 Global BPO Services Corp. (the “Maker”) promises to pay to the order of Paul G. Joubert
(the “Payee”) the principal sum of Fifty Thousand Dollars and no cents ($50,000.00) in lawful money of the United States of America, on the terms and conditions described below. 
 1. Principal. The principal balance of this Note shall be repayable on the earlier of (i) August 31, 2008 or (ii) the date on which
Maker consummates an initial public offering of its securities. 
 2. Interest. Interest shall accrue at the rate of 5.0% per
year, compounded semi-annually, on the unpaid principal balance of this Note and shall be payable when principal is payable hereunder. 
 3.
Application of Payments. All payments shall be applied first to payment in full of any costs incurred in the collection of any sum due under this Note, including (without limitation) reasonable attorney’s fees, then to the payment in
full of any late charges and finally to the reduction of the unpaid principal balance of this Note. 
 4. Events of Default. The
following shall constitute Events of Default: 
 (a) Failure to Make Required Payments. Failure by Maker to pay the
principal of this Note within five (5) business days following the date when due. 
 (b) Voluntary Bankruptcy,
Etc. The commencement by Maker of a voluntary case under the Federal Bankruptcy Code, as now constituted or hereafter amended, or any other applicable federal or state bankruptcy, insolvency, reorganization, rehabilitation or other similar law,
or the consent by it to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian, sequestrator (or other similar official) of Maker or for any substantial part of its property, or the making by it of any
assignment for the benefit of creditors, or the failure of Maker generally to pay its debts as such debts become due, or the taking of corporate action by Maker in furtherance of any of the foregoing. 
 (c) Involuntary Bankruptcy, Etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in
respect of Maker in an involuntary case under the Federal Bankruptcy Code, as now or hereafter constituted, or any other applicable federal or state bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee,
custodian, trustee, sequestrator (or similar official) of Maker or for any substantial part of its property, or ordering the winding-up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a
period of 60 consecutive days. 

 5. Remedies. 
 (a) Upon the occurrence of an Event of Default specified in Section 4(a), Payee may, by written notice to Maker, declare this Note to
be due and payable, whereupon the principal amount of this Note, and all other amounts payable thereunder, shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly
waived, anything contained herein or in the documents evidencing the same to the contrary notwithstanding. 
 (b) Upon the
occurrence of an Event of Default specified in Sections 4(b) and 4(c), the unpaid principal balance of, and all other sums payable with regard to, this Note shall automatically and immediately become due and payable, in all cases without any action
on the part of Payee. 
 6. Waivers. Maker and all endorsers and guarantors of, and sureties for, this Note waive presentment for
payment, demand, notice of dishonor, protest, and notice of protest with regard to the Note, all errors, defects and imperfections in any proceedings instituted by Payee under the terms of this Note, and all benefits that might accrue to Maker by
virtue of any present or future laws exempting any property, real or personal, or any part of the proceeds arising from any sale of any such property, from attachment, levy or sale under execution, or providing for any stay of execution, exemption
from civil process, or extension of time for payment; and Maker agrees that any real estate that may be levied upon pursuant to a judgment obtained by virtue hereof, on any writ of execution issued hereon, may be sold upon any such writ in whole or
in part in any order desired by Payee. 
 7. Unconditional Liability. Maker hereby waives all notices in connection with the delivery,
acceptance, performance, default, or enforcement of the payment of this Note, and agrees that its liability shall be unconditional, without regard to the liability of any other party, and shall not be affected in any manner by any indulgence,
extension of time, renewal, waiver or modification granted or consented to by Payee, and consents to any and all extensions of time, renewals, waivers, or modifications that may be granted by Payee with respect to the payment or other provisions of
this Note, and agree that additional makers, endorsers, guarantors, or sureties may become parties hereto without notice to them or affecting their liability hereunder. 
 8. Notices. Any notice called for hereunder shall be deemed properly given if (i) sent by certified mail, return receipt requested, (ii) personally delivered, (iii) dispatched by any form of
private or governmental express mail or delivery service providing receipted delivery or (iv) sent by telefacsimile or (v) to the following addresses or to such other address as either party may designate by notice in accordance with this
Section: 
 If to Maker: 
 Global
BPO Services Corp. 
 177 Beacon Street, Unit 4 
 Boston, MA 02116 
 Attn.: R. Scott Murray 
 Fax: (781) 898-7649 
  

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 If to Payee: 
 Paul G. Joubert 
 c/o Global BPO Services Corp. 
 177 Beacon Street, Unit 4 
 Boston, MA 02116

 Fax: (781) 898-7649 
 Notice
shall be deemed given on the earlier of (i) actual receipt by the receiving party, (ii) the date shown on a telefacsimile transmission confirmation, (iii) the date reflected on a signed delivery receipt, or (iv) two
(2) Business Days following tender of delivery or dispatch by express mail or delivery service. 
 9. Construction. THIS NOTE
SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE DOMESTIC, INTERNAL LAW, BUT NOT THE LAW OF CONFLICT OF LAWS, OF THE STATE OF DELAWARE. 
 10. Severability. Any provision contained in this Note which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating
the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 
  

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 IN WITNESS WHEREOF, Maker, intending to be legally bound hereby, has caused this Note to be duly executed
by its Chief Executive Officer the day and year first above written. 
  

			
	Global BPO Services Corp.
		
	By:	 	/s/ R. Scott Murray
	Name:	 	R. Scott Murray
	Title:	 	Chief Executive Officer

  

 4LOAN CALL AGREEMENT, DATED JUNE 29, 2007

 EXHIBIT 10.18 
 Global BPO Services Corp. 
 177 Beacon Street, Unit 4 
 Boston, MA 02116 
 June 29, 2007 
 Dear Gentlemen, 
 Reference is made to those certain
promissory notes issued by Global BPO Services Corp., a Delaware corporation (the “Company”), to each of you, in the aggregate principal amount of $200,000 (the “Promissory Notes”). For purposes hereof, your “Proportionate
Share” shall mean a fraction, the numerator of which shall be the principal amount of the Promissory Note issued to you and the denominator of which shall be $200,000. 
 By execution of this letter, the Company and each of you agree that, from time to time prior to the consummation of the Company’s initial public
offering of its securities, at the request of the Company, each of you shall make advances (the “Advances”) to the Company in an amount equal to your Proportionate Share of the amount requested, provided that the aggregate amount of
Advances from all of the undersigned shall not exceed $50,000. Each request for an Advance shall be made by the Company in writing, delivered at least two (2) business days prior to the requested date of such Advance and shall specify the date
and amount of such Advance. Each Advance shall be documented by a Promissory Note issued by the Company, dated as of the date of such Advance. 
 Kindly acknowledge your agreement to the foregoing by signing where indicated below. 
  

			
	Global BPO Services Corp.
		
	By:	 	/s/ R. Scott Murray
	Name:	 	R. Scott Murray
	Title:	 	Chief Executive Officer

  

	
	Acknowledged and Agreed:
	
	/s/ R. Scott Murray
	R. Scott Murray
	
	/s/ Lloyd Linnell
	Lloyd Linnell
	
	/s/ Kevin T. O’Leary
	Kevin T. O’Leary
	
	/s/ Paul G. Joubert
	Paul G. JoubertWARRANT SUBSCRIPTION AGREEMENT

 EXHIBIT 10.19 
 SUBSCRIPTION AGREEMENT 
 This SUBSCRIPTION AGREEMENT (this “Agreement”) made as of this 9th
day of July, 2007 for the benefit of Global BPO Securities Corp., a Delaware corporation (the “Company”), having its principal place of business at 177 Beacon Street, Unit 4, Boston, MA 02116, by the person or entity listed on the
signature page hereto under the heading “Subscriber” (individually and collectively, the “Subscriber”). 
 WHEREAS, the
Company desires to sell on a private placement basis (the “Offering”) an aggregate of 7,500,000 warrants (the “Founder Warrants”), each exercisable for one share of common stock, par value $0.001 per share, of the Company (the
“Common Stock”), for a per Founder Warrant purchase price of $1.00; and 
 WHEREAS, the Subscriber wishes to purchase the number of
Founder Warrants set forth on the signature page hereof, and the Company wishes to accept such subscription: 
 NOW, THEREFORE, for and in
consideration of the premises and the mutual covenants hereinafter set forth, the Company and the Subscriber do hereby agree as follows 
  

	 	1.	Agreement to Subscribe 

 1.1 Purchase and
Issuance of the Founder Warrants. The Subscriber is hereby subscribing for the number of Founder Warrants indicated on the signature page hereto by the caption, “Number of Founder Warrants Being Subscribed” which Founder Warrants will
be issued to the Subscriber, or his affiliates or designees. The aggregate purchase price for such Subscriber’s Founder Warrants (the “Purchase Price”) is indicated on the signature page hereto by the caption, “Aggregate Purchase
Price”. 
 1.2 Delivery of the Purchase Price. Upon execution of this Agreement the undersigned is hereby bound to fulfill his
obligations hereunder and hereby irrevocably commits to deliver into a trust account at Bank of America, N.A., maintained by Continental Stock Transfer & Trust Company, acting as Trustee, on the date of Closing (as hereinafter defined) the
Purchase Price by bank check, wire transfer or such other form of payment as shall be acceptable to the Trustee, in its sole and absolute discretion, at the Closing. 
 1.3 Closing. The closing of the Offering (the “Closing”), shall take place at the offices of the Company, on or prior to the date of the prospectus, in connection with the Company’s initial
public offering (the “IPO”) of units of Common Stock and a warrant to purchase one share of Common Stock (the “Units”). 
  

	 	2.	Representations and Warranties of the Subscriber 

 The Subscriber represents and warrants to the Company that: 
 2.1 No Government Recommendation or Approval. The Subscriber
understands that no United States federal or state agency has passed upon or made any recommendation or endorsement of the Company or the Offering of the Founder Warrants. 

 2.2 Intent. The Subscriber is purchasing the Founder Warrants solely for investment purposes, for
the Subscriber’s own account and not with a view towards the distribution or dissemination thereof and the Subscriber has no present arrangement to sell the Founder Warrants to or through any person or entity. The Subscriber understands that
the Founder Warrants must be held indefinitely unless such Founder Warrants are subsequently registered under the Securities Act of 1933, as amended (the “Securities Act”), or an exemption from registration is available. 
 2.3 Sophisticated Investor. 
 (i) The Subscriber is sophisticated in financial matters and is able to evaluate the risks and benefits of the investment in the Founder Warrants. 
 (ii) The Subscriber is able to bear the economic risk of his investment in the Founder Warrants for an indefinite period of time because none of the Founder Warrants nor any of the Warrants Shares (as hereinafter
defined) have been registered under the Securities Act and therefore cannot be sold unless subsequently registered under the Securities Act or an exemption from such registration is available. 
 2.4 Independent Investigation. The Subscriber, in making the decision to purchase the Founder Warrants, has relied upon an independent
investigation of the Company and has not relied upon any information or representations made by any third parties or upon any oral or written representations or assurances from the Company, its officers, directors or employees or any other
representatives or agents of the Company, other than as set forth in this Agreement. The Subscriber is familiar with the business, operations and financial condition of the Company and has had an opportunity to ask questions of, and receive answers
from, the Company’s officers and directors concerning the Company and the terms and conditions of the offering of the Founder Warrants and has had full access to such other information concerning the Company as the Subscriber has requested.

 2.5 Rule 144 Acknowledgements. The Subscriber is aware of the adoption of Rule 144 by the Securities and Exchange Commission under
the Securities Act (“Rule 144”), which permits limited public resale of securities acquired in a non-public offering, subject to the satisfaction of certain conditions. Subscriber understands that the Founder Warrants (and the underlying
securities) are “restricted securities” as that term is defined in Rule 144 and that the Founder Warrants (and the underlying securities) must be held indefinitely by the Subscriber unless they are subsequently registered under the
Securities Act or an exemption from such registration, such as Rule 144, is available. Notwithstanding the forgoing, the Subscriber further understands and acknowledges that the Securities and Exchange Commission has taken the position that the
Subscriber is considered a promoter under the Securities Act and that promoters or affiliates of a blank check company and their transferees, both before and after a Business Combination (as hereinafter defined), would act as an
“underwriter” under the Securities Act 

  

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when reselling the securities of that blank check company. Accordingly, Rule 144 will not be available for the resale of the Founder Warrants or the
securities underlying the Founder Warrants despite technical compliance with the requirements of Rule 144, in which event the resale transactions would need to be made through a registered offering. 
 2.6 Authority. This Agreement has been validly authorized, executed and delivered by the Subscriber and is a valid and binding agreement
enforceable in accordance with its terms, subject to the general principles of equity and to bankruptcy or other laws affecting the enforcement of creditors’ rights generally. The execution, delivery and performance of this Agreement by the
Subscriber does not and will not conflict with, violate or cause a breach of any agreement, contract or instrument to which the Subscriber is a party. 
 2.7 No Legal Advice from Company. The Subscriber acknowledges that he has had the opportunity to review this Agreement and the transactions contemplated by this Agreement and the other agreements entered into
between the parties hereto with the Subscriber’s own legal counsel and investment and tax advisors. Except for any statements or representations of the Company made in this Agreement and the other agreements entered into between the parties
hereto, the Subscriber is relying solely on such counsel and advisors and not on any statements or representations of the Company or any of its representatives or agents for legal, tax or investment advice with respect to this investment, the
transactions contemplated by this Agreement or the securities laws of any jurisdiction. 
 2.8 Reliance on Representations and
Warranties. The Subscriber understands that the Founder Warrants are being offered and sold to the Subscriber in reliance on exemptions from the registration requirements under the Securities Act, and analogous provisions in the laws and
regulations of various states, and that the Company is relying upon the truth and accuracy of the representations, warranties, agreements, acknowledgments and understandings of the Subscriber set forth in this Agreement in order to determine the
applicability of such provisions. 
 2.9 No Advertisements. The undersigned is not subscribing for the Founder Warrants as a result of
or subsequent to any advertisement, article, notice or other communication published in any newspaper, magazine, or similar media or broadcast over television or radio, or presented at any seminar or meeting. 
 2.10 Legend. The Subscriber acknowledges and agrees that the certificates evidencing the Founder Warrants, and when issued the shares of Common
Stock to be issued upon exercise of such Founder Warrants (the “Warrant Shares”), shall bear a restrictive legend (the “Legend”), in the form and substance as set forth in Section 4 hereof, prohibiting the offer, sale,
pledge or transfer of the securities, except (i) pursuant to an effective registration statement filed under the Securities Act, (ii) pursuant to an exemption from registration provided by Rule 144 under the Securities Act (if available),
and (iii) pursuant to any other exemption from the registration requirements of the Securities Act. 
  

	 	3.	Representations and Warranties of the Company 

 The
Company represents and warrants to each Subscriber that: 
 3.1 Organization and Qualification. The Company is a corporation duly
incorporated and existing in good standing under the laws of the state of Delaware and has the requisite corporate power to own its properties and assets and to carry on its business as now being conducted. 
  

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 3.2 Authorization; Enforcement. (i) The Company has the requisite corporate power and
authority to enter into and perform its obligations under this Agreement and to issue the Common Stock in accordance with the terms hereof, (ii) the execution, delivery and performance of this Agreement by the Company and the consummation by it
of the transactions contemplated hereby have been duly authorized by all necessary corporate action, and no further consent or authorization of the Company or its Board of Directors or stockholders is required, and (iii) this Agreement
constitutes valid and binding obligations of the Company enforceable against the Company in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, fraudulent conveyance, moratorium,
reorganization, or similar laws relating to, or affecting generally the enforcement of, creditors’ rights and remedies or by equitable principles of general application and except as enforcement of rights to indemnity and contribution may be
limited by federal and state securities laws or principles of public policy. 
 3.3 No Conflicts. The execution, delivery and
performance of this Agreement and the consummation by the Company of the transactions contemplated hereby do not (i) result in a violation of the Company’s Certificate of Incorporation or By-Laws or (ii) conflict with, or constitute a
default under any agreement, indenture or instrument to which the Company is a party. Other than any Securities and Exchange Commission or state securities filings which may be required to be made by the Company subsequent to the Closing, and any
registration statement which may be filed pursuant thereto, the Company is not required under federal, state or local law, rule or regulation to obtain any consent, authorization or order of, or make any filing or registration with, any court or
governmental agency or self-regulatory entity in order for it to perform any of its obligations under this Agreement or issue the Founder Warrants or Warrant Shares in accordance with the terms hereof. 
  

	 	4.	Legends; Denominations 

 4.1 Legend. The
Company will issue the Founder Warrants, and when issued the Warrant Shares, purchased by the Subscriber in the name of the Subscriber and in such denominations to be specified by the Subscriber prior to the Closing. The Warrants and Warrant Shares
will bear the following Legends and appropriate “stop transfer” instructions: 
 “THE SECURITIES REPRESENTED BY THIS
CERTIFICATE ARE SUBJECT TO THE TERMS AND CONDITIONS CONTAINED IN A STOCK ESCROW AGREEMENT (THE “AGREEMENT”) AND MAY NOT BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED DURING THE TERM OF THE ESCROW PERIOD (AS DEFINED IN THE
AGREEMENT).” 
 “THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, 

  

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AS AMENDED (THE “ACT”), OR ANY STATE SECURITIES LAWS AND NEITHER THE SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, TRANSFERRED, PLEDGED
OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT COVERING THESE SECURITIES UNDER THE ACT OR SUCH LAWS OR AN EXEMPTION FROM REGISTRATION UNDER THE ACT AND SUCH LAWS WHICH, IN THE OPINION OF COUNSEL FOR THIS CORPORATION,
IS AVAILABLE.” 
 4.2 Subscriber’s Compliance. Nothing in this Section 4 shall affect in any way the Subscriber’s
obligations and agreement to comply with all applicable securities laws upon resale of the Founder Warrants and Warrant Shares underlying the Founder Warrants. 
 4.3 Company’s Refusal to Register Transfer of Founder Warrants. The Company shall refuse to register any transfer of the Founder Warrants or the Warrant Shares, if in the sole judgment of the Company such
purported transfer would not be made (i) pursuant to an effective registration statement filed under the Securities Act, or (ii) pursuant to an available exemption, if any, from the registration requirements of the Securities Act.

  

	 	5.	Escrow 

 Upon consummation of the IPO, the
Subscriber, and his designees, shall enter into a securities escrow agreement with Continental Stock Transfer & Trust Company, whereby the Founder Warrants and the Warrant Shares, shall be held in escrow until the earlier of (i) one
year after the consummation of a Business Combination (as hereinafter defined) or (ii) the liquidation of the Company. As used herein, a “Business Combination” shall mean the Company’s initial acquisition of one or more assets or
operating businesses with a fair market value of at least 80% of the Company’s net assets held in trust (net of taxes and amounts permitted to be disbursed for working capital purposes and excluding the amount held in the trust account
representing the underwriters’ deferred discount) at the time of such acquisition through a merger, capital stock exchange, asset or stock acquisition, exchangeable share transaction, joint venture or other similar business combination with one
or more domestic or international operating businesses in the business process outsourcing industry, or in any other industry. 
  

	 	6.	Waiver of Liquidation Distributions 

 In connection
with the Founder Warrants purchased pursuant to this Agreement or prior to the private placement, the Subscriber hereby waives any and all right, title, interest or claim of any kind in or to any liquidating distributions by the Company in the event
of a liquidation of the Company upon the Company’s failure to timely complete a Business Combination. For purposes of clarity, in the event the Subscriber purchases shares of Common Stock in the IPO or in the aftermarket, any additional shares
so purchased shall be eligible to receive any liquidating distributions by the Company. Notwithstanding the foregoing, the Subscriber acknowledges and agrees that any such shares of Common Stock purchased by Subscriber prior to the private
placement, in the private placement or in the IPO will be voted in accordance with the majority of the shares voted by the public stockholders, while any such shares of Common Stock 

  

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purchased by Subscriber in the aftermarket will be voted in favor of a Business Combination. Consequently, in no event will the Subscriber have the right to
convert any shares of Common Stock into funds held in the trust account with Continental Stock Transfer & Trust Company upon the successful completion of a Business Combination. 
  

	 	7.	Forfeiture of Founder Warrants 

 7.1 Failure to
Consummate Business Combination. All of the Founder Warrants initially shall be subject to forfeiture to the Company in accordance with this Section 7. The Founder Warrants shall be forfeited to the Company in the event that the Company
does not consummate a Business Combination, with respect the Company’s IPO within 24 months after consummation of the IPO. 
 7.2
Termination of Rights as Stockholder; Escrow. If the Founder Warrants are forfeited in accordance with this Section 7, then after such time the Subscriber (or successor in interest), shall no longer have any rights as a holder of such
Founder Warrants, and the Company shall take such action as is appropriate to cancel such Founder Warrants. To effectuate the foregoing, all certificates representing the Founder Warrants shall be held in escrow as provided in Section 5 hereof.
In addition, the Subscriber hereby irrevocably grants the Company a limited power of attorney for the purpose of effectuating the foregoing. 
  

	 	8.	Rescission Right Waiver and Indemnification 

 8.1
Each of the Subscribers understands and acknowledges that an exemption from the registration requirements of the Securities Act requires that there be no general solicitation of purchasers of the Founder Warrants. In this regard, if the offering of
the Units in the Company’s IPO were deemed to be a general solicitation with respect to the Founder Warrants, the offer and sale of such Founder Warrants may not be exempt from registration and, if not, the Subscribers may have a right to
rescind their purchases of the Founder Warrants. In order to facilitate the completion of the Offering and in order to protect the Company, its stockholders and the trust account from claims that may adversely affect the Company or the interests of
its stockholders, each of the Subscribers hereby agrees to waive, to the maximum extent permitted by applicable law, any claims, right to sue or rights in law or arbitration, as the case may be, to seek rescission of his or its purchase of the
Founder Warrants. Each of the Subscribers acknowledges and agrees that this waiver is being made in order to induce the Company to sell the Founder Warrants to the Subscribers. Each Subscriber agrees that the foregoing waiver of rescission rights
shall apply to any and all known or unknown actions, causes of action, suits, claims, or proceedings (collectively, “Claims”) and related losses, costs, penalties, fees, liabilities and damages, whether compensatory, consequential or
exemplary, and expenses in connection therewith, including reasonable attorneys’ and expert witness fees and disbursements and all other expenses reasonably incurred in investigating, preparing or defending against any Claims, whether pending
or threatened, in connection with any present or future actual or asserted right to rescind the purchase of the Founder Warrants hereunder or relating to the purchase of the Founder Warrants and the transactions contemplated hereby. 
  

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 8.2 Each Subscriber agrees not to seek recourse against the trust account for any reason whatsoever in
connection with his purchase of the Founder Warrants or any Claim that may arise now or in the future. 
 8.3 The Subscriber acknowledges and
agrees that the stockholders of the Company are and shall be third-party beneficiaries of the foregoing provisions of this Agreement. 
 8.4
Each Subscriber agrees that to the extent any waiver of rights under this Section 8 is ineffective as a matter of law, each Subscriber has offered such waiver for the benefit of the Company as an equitable right that shall survive any statutory
disqualification or bar that applies to a legal right. Each Subscriber acknowledges the receipt and sufficiency of consideration received from the Company hereunder in this regard. 
  

	 	9.	Terms of the Warrants 

 The Founder Warrants have
terms and provisions that are identical to the warrants included in the Units offered in the IPO, except that (i) such Founder Warrants will be placed in escrow and not released before, except in limited circumstances, one year from the
consummation of a Business Combination, (ii) such Founder Warrants will be non-redeemable as long as the Subscribers hold them, (iii) such Founder Warrants are exercisable in the absence of an effective registration statement covering the
shares of common stock underlying the warrants, (iv) such Founder Warrants may be exercised on a cashless basis and (v) such Founder Warrants are being purchased pursuant to an exemption from the registration requirements of the Securities
Act and will become freely tradable only after they are registered pursuant to a registration rights agreement to be signed upon or prior to the consummation of the IPO. The shares of Common Stock issued hereby and underlying the Founder Warrants
will be granted certain registration rights. In addition, in the event that a registration statement with respect to the Common Stock underlying the Founder Warrants is not effective under the Securities Act, Subscriber shall not be entitled to
exercise the Founder Warrants and such Founder Warrants may have no value and expire worthless. 
  

	 	10.	Voting of Shares 

 Subscriber has agreed to vote the
shares of Common Stock owned by him immediately before this private placement, purchased in this private placement or acquired in the IPO in accordance with the majority of the shares of Common Stock voted by the public stockholders. In connection
with securities purchased in the aftermarket, Subscriber has agreed to vote such shares of Common Stock in favor of a Business Combination that the Company negotiates and presents for approval to the Company’s stockholders. 
  

	 	11.	Governing Law; Jurisdiction; Waiver of Jury Trial 

 This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware for agreements made and to be wholly performed within such state. The parties hereto hereby waive any right to a jury trial in connection
with any litigation pursuant to this Agreement and the transactions contemplated hereby. 
  

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	 	12.	Assignment; Entire Agreement; Amendment 

 12.1
Assignment. Neither this Agreement nor any rights hereunder may be assigned by any party to any other person other than by Subscriber to a person agreeing to be bound by the terms hereof. 
 12.2 Entire Agreement. This Subscription Agreement sets forth the entire agreement and understanding between the parties as to the subject matter
thereof and merges and supersedes all prior discussions, agreements and understandings of any and every nature among them. 
 12.3
Amendment. Except as expressly provided in this Agreement, neither this Agreement nor any term hereof may be amended, waived, discharged or terminated other than by a written instrument signed by the party against whom enforcement of any such
amendment, waiver, discharge, or termination is sought. 
 12.4 Binding upon Successors. This Agreement shall be binding upon and
inure to the benefit of the parties hereto and to their respective heirs, legal representatives, successors and permitted assigns. 
  

	 	13.	Notices; Indemnity 

 13.1 Notices. Unless
otherwise provided herein, any notice or other communication to a party hereunder shall be sufficiently given if in writing and personally delivered or sent by facsimile or other electronic transmission with copy sent in another manner herein
provided or sent by courier (which for all purposes of this Agreement shall include Federal Express or other recognized overnight courier) or mailed to said party by certified mail, return receipt requested, at its address provided for herein or
such other address as either may designate for itself in such notice to the other. Communications shall be deemed to have been received when delivered personally, on the scheduled arrival date when sent by next day or 2-day courier service, or if
sent by facsimile upon receipt of confirmation of transmittal or, if sent by mail, then three days after deposit in the mail. If given by electronic transmission, such notice shall be deemed to be delivered (a) if by electronic mail, when
directed to an electronic mail address at which the stockholder has consented to receive notice; (b) if by a posting on an electronic network together with separate notice to the stockholder of such specific posting, upon the later of
(1) such posting and (2) the giving of such separate notice; and (c) if by any other form of electronic transmission, when directed to the stockholder. 
 13.2 Indemnification. Each party shall indemnify the other against any loss, cost or damages (including reasonable attorney’s fees and expenses) incurred as a result of such party’s breach of any
representation, warranty, covenant or agreement in this Agreement. 
  

	 	14.	Counterparts 

 This Agreement may be executed in one
or more counterparts, all of which when taken together shall be considered one and the same agreement and shall become effective when counterparts have been signed by each party and delivered to the other party, it being understood that both parties
need not sign the same counterpart. In the event that any signature is delivered by facsimile transmission or by e-mail delivery of a “.pdf” format data file, such signature shall create a valid and binding obligation of the party
executing (or on whose behalf such signature is executed) with the same force and effect as if such facsimile or “.pdf” signature page were an original thereof. 
  

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	 	15.	Survival; Severability 

 15.1 Survival. The
representations, warranties, covenants and agreements of the parties hereto shall survive the Closing. 
 15.2 Severability. In the
event that any provision of this Agreement becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, this Agreement shall continue in full force and effect without said provision; provided that no such
severability shall be effective if it materially changes the economic benefit of this Agreement to any party. 
  

	 	16.	Titles and Subtitles 

 The titles and subtitles used
in this Agreement are used for convenience only and are not to be considered in construing or interpreting this Agreement. 
  

	 	17.	Failure to Consummate IPO 

 If the Company does not
consummate its IPO for any reason, the Company shall either return to each Subscriber the Purchase Price paid by each Subscriber, without interest, as soon as practicable thereafter or the Company shall instruct the Trustee holding such funds to do
so. 
  

 9 

			
	Name of the Subscriber:	  	Trillium Capital LLC
		
	Number of Founder Warrants Being Subscribed:	  	3,025,000
		
	Aggregate Purchase Price:	  	$3,025,000
		
	Date of Subscription:	  	July 9, 2007

  

	
	 Place of Residency and/or Principal Place of Business:

  

									
		 	  
	 	
			
		 	  
	 	
				
		 	Telephone:	 	  
	 	
				
		 	Fax:	 	  
	 	
				
		 	e-mail address:	 	  
	 	

 This subscription is accepted by the Company on the 9th day of July, 2007. 
  

			
	GLOBAL BPO SERVICES CORP.
		
	By:	 	 /s/ R. Scott Murray

	Name:	 	R. Scott Murray
	Title:	 	Chief Executive Officer
	
	SUBSCRIBER
	
	Trillium Capital LLC
		
	By:	 	 /s/ R. Scott Murray

		 	R. Scott Murray, Sole Member

			
	Name of the Subscriber:	  	M. Benjamin Howe
		
	Number of Founder Warrants Being Subscribed:	  	500,000
		
	Aggregate Purchase Price:	  	$500,000
		
	Date of Subscription:	  	July 9, 2007

  

	
	 Place of Residency and/or Principal Place of Business:

  

									
		 	  
	 	
			
		 	  
	 	
				
		 	Telephone:	 	  
	 	
				
		 	Fax:	 	  
	 	
				
		 	e-mail address:	 	  
	 	

 This subscription is accepted by the Company on the 9th day of July, 2007. 
  

			
	GLOBAL BPO SERVICES CORP.
		
	By:	 	 /s/ R. Scott Murray

	Name:	 	R. Scott Murray
	Title:	 	Chief Executive Officer
	
	SUBSCRIBER
		
	By:	 	 /s/ M. Benjamin Howe

		 	M. Benjamin Howe

			
	Name of the Subscriber:	  	Kevin T. O’Leary
		
	Number of Founder Warrants Being Subscribed:	  	500,000
		
	Aggregate Purchase Price:	  	$500,000
		
	Date of Subscription:	  	July 9, 2007

  

	
	 Place of Residency and/or Principal Place of Business:

  

									
		 	  
	 	
			
		 	  
	 	
				
		 	Telephone:	 	  
	 	
				
		 	Fax:	 	  
	 	
				
		 	e-mail address:	 	  
	 	

 This subscription is accepted by the Company on the 9th day of July, 2007. 
  

			
	GLOBAL BPO SERVICES CORP.
		
	By:	 	 /s/ R. Scott Murray

	Name:	 	R. Scott Murray
	Title:	 	Chief Executive Officer
	
	SUBSCRIBER
		
	By:	 	 /s/ Kevin T. O’Leary

		 	Kevin T. O’Leary

			
	Name of the Subscriber:	  	Stephen Moore
		
	Number of Founder Warrants Being Subscribed:	  	350,000
		
	Aggregate Purchase Price:	  	$350,000
		
	Date of Subscription:	  	July 9, 2007

  

	
	 Place of Residency and/or Principal Place of Business:

  

									
		 	  
	 	
			
		 	  
	 	
				
		 	Telephone:	 	  
	 	
				
		 	Fax:	 	  
	 	
				
		 	e-mail address:	 	  
	 	

 This subscription is accepted by the Company on the 9th day of July, 2007. 
  

			
	GLOBAL BPO SERVICES CORP.
		
	By:	 	 /s/ R. Scott Murray

	Name:	 	R. Scott Murray
	Title:	 	Chief Executive Officer
	
	SUBSCRIBER
		
	By:	 	 /s/ Stephen Moore

		 	Stephen Moore

			
	Name of the Subscriber:	  	Paul G. Joubert
		
	Number of Founder Warrants Being Subscribed:	  	500,000
		
	Aggregate Purchase Price:	  	$500,000
		
	Date of Subscription:	  	July 9, 2007

  

	
	 Place of Residency and/or Principal Place of Business:

  

									
		 	  
	 	
			
		 	  
	 	
				
		 	Telephone:	 	  
	 	
				
		 	Fax:	 	  
	 	
				
		 	e-mail address:	 	  
	 	

 This subscription is accepted by the Company on the 9th day of July, 2007. 
  

			
	GLOBAL BPO SERVICES CORP.
		
	By:	 	 /s/ R. Scott Murray

	Name:	 	R. Scott Murray
	Title:	 	Chief Executive Officer
	
	SUBSCRIBER
		
	By:	 	 /s/ Paul G. Joubert

		 	Paul G. Joubert

			
	Name of the Subscriber:	  	Lloyd R. Linnell
		
	Number of Founder Warrants Being Subscribed:	  	750,000
		
	Aggregate Purchase Price:	  	$750,000
		
	Date of Subscription:	  	July 9, 2007

  

	
	 Place of Residency and/or Principal Place of Business:

  

									
		 	  
	 	
			
		 	  
	 	
				
		 	Telephone:	 	  
	 	
				
		 	Fax:	 	  
	 	
				
		 	e-mail address:	 	  
	 	

 This subscription is accepted by the Company on the 9th day of July, 2007. 
  

			
	GLOBAL BPO SERVICES CORP.
		
	By:	 	 /s/ R. Scott Murray

	Name:	 	R. Scott Murray
	Title:	 	Chief Executive Officer
	
	SUBSCRIBER
		
	By:	 	 /s/ Lloyd R. Linnell

		 	Lloyd R. Linnell

			
	Name of the Subscriber:	  	Sheila M. Flaherty
		
	Number of Founder Warrants Being Subscribed:	  	500,000
		
	Aggregate Purchase Price:	  	$500,000
		
	Date of Subscription:	  	July 9, 2007

  

	
	 Place of Residency and/or Principal Place of Business:

  

									
		 	  
	 	
			
		 	  
	 	
				
		 	Telephone:	 	  
	 	
				
		 	Fax:	 	  
	 	
				
		 	e-mail address:	 	  
	 	

 This subscription is accepted by the Company on the 9th day of July, 2007. 
  

			
	GLOBAL BPO SERVICES CORP.
		
	By:	 	 /s/ R. Scott Murray

	Name:	 	R. Scott Murray
	Title:	 	Chief Executive Officer
	
	SUBSCRIBER
		
	By:	 	 /s/ Sheila M. Flaherty

		 	Sheila M. Flaherty

			
	Name of the Subscriber:	  	Robert Wadsworth
		
	Number of Founder Warrants Being Subscribed:	  	375,000
		
	Aggregate Purchase Price:	  	$375,000
		
	Date of Subscription:	  	July 9, 2007

  

	
	 Place of Residency and/or Principal Place of Business:

  

									
		 	  
	 	
			
		 	  
	 	
				
		 	Telephone:	 	  
	 	
				
		 	Fax:	 	  
	 	
				
		 	e-mail address:	 	  
	 	

 This subscription is accepted by the Company on the 9th day of July, 2007. 
  

			
	GLOBAL BPO SERVICES CORP.
		
	By:	 	 /s/ R. Scott Murray

	Name:	 	R. Scott Murray
	Title:	 	Chief Executive Officer
	
	SUBSCRIBER
		
	By:	 	 /s/ Robert Wadsworth

		 	Robert Wadsworth

			
	Name of the Subscriber:	  	G. Drew Conway
		
	Number of Founder Warrants Being Subscribed:	  	500,000
		
	Aggregate Purchase Price:	  	$500,000
		
	Date of Subscription:	  	July 9, 2007

  

	
	 Place of Residency and/or Principal Place of Business:

  

									
		 	  
	 	
			
		 	  
	 	
				
		 	Telephone:	 	  
	 	
				
		 	Fax:	 	  
	 	
				
		 	e-mail address:	 	  
	 	

 This subscription is accepted by the Company on the 9th day of July, 2007. 
  

			
	GLOBAL BPO SERVICES CORP.
		
	By:	 	 /s/ R. Scott Murray

	Name:	 	R. Scott Murray
	Title:	 	Chief Executive Officer
	
	SUBSCRIBER
		
	By:	 	 /s/ G. Drew Conway

		 	G. Drew Conway

			
	Name of the Subscriber:	  	Charles Kane
		
	Number of Founder Warrants Being Subscribed:	  	500,000
		
	Aggregate Purchase Price:	  	$500,000
		
	Date of Subscription:	  	July 9, 2007

  

	
	 Place of Residency and/or Principal Place of Business:

  

									
		 	  
	 	
			
		 	  
	 	
				
		 	Telephone:	 	  
	 	
				
		 	Fax:	 	  
	 	
				
		 	e-mail address:	 	  
	 	

 This subscription is accepted by the Company on the 9th day of July, 2007. 
  

			
	GLOBAL BPO SERVICES CORP.
		
	By:	 	 /s/ R. Scott Murray

	Name:	 	R. Scott Murray
	Title:	 	Chief Executive Officer
	
	SUBSCRIBER
		
	By:	 	 /s/ Charles Kane

		 	Charles Kane

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00126-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00126-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00126-of-00352.parquet"}]]