Document:

Exhibit 10.10

 

 

FORWARD PURCHASE AGREEMENT

 

This Forward Purchase
Agreement (this “Agreement”) is entered into as of [              ], between One Madison Corporation, a Cayman
Islands exempted company (the “Company”), the party listed as the purchaser on the signature page hereof (the
“Purchaser”) and, solely for the purposes of Section 7 hereof, One Madison Group LLC (the “Sponsor”).

 

Recitals

 

WHEREAS, the Company
was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar
business combination with one or more businesses (a “Business Combination”);

 

WHEREAS, the Company
has confidentially submitted to the U.S. Securities and Exchange Commission (the “SEC”) a draft registration
statement on Form S-1 (the “Registration Statement”) for its initial public offering (“IPO”)
of units (the “Public Units”) at a price of $10.00 per Public Unit, each comprised of one Class A ordinary share
of the Company, par value $0.0001 per share (the “Class A Share(s)”), and one-half of one redeemable warrant,
where each whole redeemable warrant is exercisable to purchase one Class A Share at an exercise price of $11.50 per share (the
“Warrant(s)”);

 

WHEREAS, following
the closing of the IPO (the “IPO Closing”), the Company will seek to identify and consummate a Business Combination;

 

WHEREAS, the parties
wish to enter into this Agreement, pursuant to which (i) immediately prior to the closing of the Company’s initial Business
Combination (the “Business Combination Closing”), the Company shall issue and sell, and the Purchaser shall
purchase, on a private placement basis, the number of Class C ordinary shares, par value $0.0001 per share (the “Class
C Shares”) determined pursuant to Section 1(a)(ii) hereof (together with the Class A Shares, as applicable, the “Forward
Purchase Shares”) and the applicable number of warrants (the “Warrants”) set forth on the signature
page to this Agreement, with one Warrant being issuable to the Purchaser per each increment of three Forward Purchase Shares actually
issued and sold to the Purchaser hereunder (the “Forward Purchase Warrant(s)” and together with the Forward
Purchase Shares, the “Forward Purchase Securities”) and (ii) concurrently herewith, the Company will issue and
sell, and the Purchaser will purchase, on a private placement basis, Class B ordinary shares of the Company, par value $0.0001
per share (the “Class B Share(s)”), in an amount equal to the Class B Shares Purchase Amount (as defined in
Exhibit B), in each case on the terms and conditions set forth herein;

 

WHEREAS, the Class
B Shares are automatically convertible into Class A Shares or Class C Shares (at the election of the holder) following the Business
Combination Closing on the terms and conditions set forth in the Company’s memorandum and articles of association, as it
may be amended from time to time (the “Charter”);

 

WHEREAS, the Class
C Shares are convertible into Class A Shares at the election of the Purchaser (provided that a period of 65 calendar days shall
have elapsed following such election before such conversion as contemplated by the Charter) or upon transfer of Class C Shares
by the Purchaser, whether or not for value, to a third party who is not an “affiliate” (as such term is defined in
Rule 12b-2 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) of the Purchaser, in
each case subject to and in accordance with the terms and conditions set forth in the Charter; and

 

WHEREAS, the Company
has entered into or intends to concurrently with this Agreement enter into agreements (collectively, the “Forward Contracts”)
in the form of this Agreement with other parties (together with the Purchaser, the “Forward Contract Parties”
and each, a “Forward Contract Party”) for the purchase of Class A Shares and/or Class C Shares and Warrants
upon the Business Combination Closing

 

     

     

    

(all Class A Shares and
Class C Shares subject to be purchased pursuant to such Forward Contracts, together with the Forward Purchase Shares, collectively,
the “Total Forward Purchase Shares”), and for the purchase of Class B Shares upon execution of such Forward
Contracts;

 

NOW, THEREFORE, in
consideration of the premises, representations, warranties and the mutual covenants contained in this Agreement, and for other
good and valuable consideration, the receipt, sufficiency and adequacy of which are hereby acknowledged, the parties hereto agree
as follows:

 

Agreement

 

1. Sale and Purchase.

 

(a) Forward Purchase
Securities.

 

(i) The Company shall
issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, the number of Forward Purchase Shares set forth
on the signature page to this Agreement next to the line item “Number of Forward Purchase Shares,” plus the number
of Forward Purchase Warrants set forth on the signature page to this Agreement next to the line item “Number of Forward Purchase
Warrants,” for an aggregate purchase price of $10.00 multiplied by the number of Forward Purchase Shares issued and sold
hereunder (the “FPS Purchase Price”). No fractional Forward Purchase Warrants will be issued.

 

(ii) Each Forward Purchase
Warrant will have the same terms as each Warrant sold as part of the Public Units in the IPO (“Public Warrants”)
(except that the Forward Purchase Warrants will be exercisable for Class C Shares) and will be subject to the terms and conditions
of the Warrant Agreement to be entered into between the Company and Continental Stock Transfer & Trust Company, as Warrant
Agent, in connection with the IPO (the “Warrant Agreement”). Each Forward Purchase Warrant will entitle the
holder thereof to purchase one Class C Share at a price of $11.50 per share, subject to adjustment as described in the Warrant
Agreement, and only whole Forward Purchase Warrants will be exercisable. The Forward Purchase Warrants will become exercisable
on the later of thirty (30) days after the Business Combination Closing and twelve (12) months from the closing of the IPO, and
will expire at 5:00 p.m., New York City time, five (5) years after the Business Combination Closing or earlier upon redemption
or the liquidation of the Company, as described in the Warrant Agreement.

 

(iii) The Company shall
require the Purchaser to purchase the number of Forward Purchase Shares and the corresponding number of Forward Purchase Warrants
provided pursuant to Section 1(a)(i) hereof by delivering notice to the Purchaser, at least ten (10) Business Days before the funding
of the FPS Purchase Price to the escrow account, specifying the number of Forward Purchase Shares and Forward Purchase Warrants
the Purchaser is required to purchase, the anticipated date of the Business Combination Closing, the aggregate FPS Purchase Price
and instructions for wiring the FPS Purchase Price to an account of a third-party escrow agent which shall be the Company’s
transfer agent (the “Escrow Agent”) pursuant to an escrow agreement between the Company and the Escrow Agent
(the “Escrow Agreement”). At least two (2) Business Days before the anticipated date of the Business Combination
Closing specified in such notice, the Purchaser shall deliver the FPS Purchase Price in cash via wire transfer to the account specified
in such notice, to be held in escrow pending the Business Combination Closing. If the Business Combination Closing does not occur
within thirty (30) days after the Purchaser delivers the FPS Purchase Price to the Escrow Agent, the Escrow Agreement will provide
that the Escrow Agent automatically return to the Purchaser the FPS Purchase Price, provided that the return of the funds placed
in escrow shall not terminate the Agreement or otherwise relieve either party of any of its obligations hereunder. For the purposes
of this Agreement, “Business Day” means any day, other than a Saturday or a Sunday, that is neither a legal holiday
nor a day on which banking institutions are generally authorized or required by law or regulation to close in the City of New York,
New York.

 

(iv) The closing of
the sale of the Forward Purchase Securities (the “FPS Closing”) shall be held on the same date and immediately
prior to the Business Combination Closing (such date being referred to as the “Closing Date”). At the FPS Closing,
the Company will issue to the Purchaser the

 

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Forward Purchase Securities,
each registered in the name of the Purchaser, against (and concurrently with) release of the FPS Purchase Price by the Escrow Agent
to the Company.

 

(b) Class B Shares.
The Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, the number of Class B Shares
set forth on the signature page to this Agreement next to the line item “Class B Shares Purchase Amount” which shall
be calculated in accordance with the definition of Class B Shares Purchase Amount set forth in Exhibit B, for a purchase
price of $0.01 per whole Class B Share. Certain of the Class B Shares acquired by the Purchaser hereunder are subject to forfeiture
in accordance with Section 6(b) hereof. The closing of the sale of the Class B Shares (the “Class B Share Closing”)
shall take place concurrently with the execution of this Agreement. At the Class B Share Closing, the Company will issue to the
Purchaser the Class B Shares to be sold hereunder, each registered in the name of the Purchaser, against (and concurrently with)
delivery of the Class B Purchase Price in cash via wire transfer to an account specified in writing by the Company no later than
two (2) Business Days prior to the date hereof.

 

(c) Delivery of Securities.

 

(i) The Company shall
register the Purchaser as the owner of the Forward Purchase Securities and Class B Shares purchased by the Purchaser hereunder
(individually or collectively, the “Securities”) in the register of members of the Company and with the Company’s
transfer agent by book entry on or promptly after (but in no event more than two (2) Business Days after) the date of the FPS Closing
and the Class B Share Closing, respectively.

 

(ii) Each register
and book entry for the Securities shall contain a notation, and each certificate (if any) evidencing the Securities shall be stamped
or otherwise imprinted with a legend, in substantially the following form:

 

“THE SECURITIES REPRESENTED
HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE
OR OTHER JURISDICTION, AND MAY NOT BE TRANSFERRED IN VIOLATION OF SUCH ACT AND LAWS.

 

THE SALE, PLEDGE, HYPOTHECATION,
OR TRANSFER OF THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO THE TERMS AND CONDITIONS OF A CERTAIN FORWARD PURCHASE AGREEMENT
BY AND AMONG THE HOLDER AND THE OTHER PARTIES THERETO. COPIES OF SUCH AGREEMENT MAY BE OBTAINED UPON WRITTEN REQUEST TO THE SECRETARY
OF THE COMPANY.”

 

(d) Legend Removal.
Following the expiration of the transfer restrictions set forth in Section 6(a), if the Securities are eligible to be sold without
restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under
the Securities Act of 1933, as amended (the “Securities Act”), then at the Purchaser’s request, the Company
will cause the Company’s transfer agent to remove the legend set forth in Section 1(c)(ii). In connection therewith, if required
by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained
with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that
authorize and direct the transfer agent to issue such Securities without any such legend; provided, that, notwithstanding the foregoing,
the Company will not be required to deliver any such opinion, authorization, certificate or direction if it reasonably believes
that removal of the legend could result in or facilitate transfers of Securities in violation of applicable law.

 

(e) Registration Rights.
The Purchaser shall have registration rights as set forth on Exhibit A (the “Registration Rights”).

 

2. Representations
and Warranties of the Purchaser. The Purchaser represents and warrants to the Company as follows, as of the date hereof:

 

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(a) Organization and
Power. If an entity, the Purchaser is duly organized, validly existing, and in good standing under the laws of the jurisdiction
of its formation (if the concept of “good standing” is a recognized concept in such jurisdiction) and has all requisite
power and authority to carry on its business as presently conducted and as proposed to be conducted.

 

(b) Authorization.
The Purchaser has full power and authority to enter into this Agreement. This Agreement, when executed and delivered by the Purchaser,
will constitute the valid and legally binding obligation of the Purchaser, enforceable in accordance with its terms, except (a)
as limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance and any other laws of general
application affecting enforcement of creditors’ rights generally, (b) as limited by laws relating to the availability of
specific performance, injunctive relief or other equitable remedies, or (c) to the extent the indemnification provisions contained
in the Registration Rights may be limited by applicable federal or state securities laws.

 

(c) Governmental Consents
and Filings. No consent, approval, order or authorization of, or registration, qualification, designation, declaration or filing
with, any federal, state or local governmental authority is required on the part of the Purchaser in connection with the consummation
of the transactions contemplated by this Agreement.

 

(d) Compliance with
Other Instruments. The execution, delivery and performance by the Purchaser of this Agreement and the consummation by the Purchaser
of the transactions contemplated by this Agreement will not result in any violation or default (i) of any provisions of its organizational
documents, if applicable, (ii) of any instrument, judgment, order, writ or decree to which it is a party or by which it is bound,
(iii) under any note, indenture or mortgage to which it is a party or by which it is bound, (iv) under any lease, agreement, contract
or purchase order to which it is a party or by which it is bound or (v) of any provision of federal or state statute, rule or regulation
applicable to the Purchaser, in each case (other than clause (i)), which would have a material adverse effect on the Purchaser
or its ability to consummate the transactions contemplated by this Agreement.

 

(e) Purchase Entirely
for Own Account. This Agreement is made with the Purchaser in reliance upon the Purchaser’s representation to the Company,
which by the Purchaser’s execution of this Agreement, the Purchaser hereby confirms, that the Securities to be acquired by
the Purchaser will be acquired for investment for the Purchaser’s own account, not as a nominee or agent, and not with a
view to the resale or distribution of any part thereof, and that the Purchaser has no present intention of selling, granting any
participation in, or otherwise distributing the same in violation of law. By executing this Agreement, the Purchaser further represents
that the Purchaser does not presently have any contract, undertaking, agreement or arrangement with any Person to sell, transfer
or grant participations to such Person or to any third Person, with respect to any of the Securities. If the Purchaser was formed
for the specific purpose of acquiring the Securities, each of its equity owners is an accredited investor as defined in Rule 501(a)
of Regulation D promulgated under the Securities Act. For purposes of this Agreement, “Person” means an individual,
a limited liability company, a partnership, a joint venture, a corporation, a trust, an unincorporated organization, any other
entity or any government or any department or agency thereof.

 

(f) Disclosure of
Information. The Purchaser has had an opportunity to discuss the Company’s business, management, financial affairs and
the terms and conditions of the offering of the Securities, as well as the terms of the Company’s proposed IPO, with the
Company’s management.

 

(g) Restricted Securities.
The Purchaser understands that the Securities have not been, and will not be, registered under the Securities Act, by reason of
a specific exemption from the registration provisions of the Securities Act which depends upon, among other things, the bona fide
nature of the investment intent and the accuracy of the Purchaser’s representations as expressed herein. The Purchaser understands
that the Securities are “restricted securities” under applicable U.S. federal and state securities laws and that, pursuant
to these laws, the Purchaser must hold the Securities indefinitely unless they are registered with the SEC and qualified by state
authorities, or an exemption from such registration and qualification requirements is available. The Purchaser acknowledges that
the Company has no obligation to

 

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register or qualify the
Securities, or any Class A Shares into which they may be converted into or exercised for, for resale, except for the Registration
Rights. The Purchaser further acknowledges that if an exemption from registration or qualification is available, it may be conditioned
on various requirements including, but not limited to, the time and manner of sale, the holding period for the Securities, and
on requirements relating to the Company which are outside of the Purchaser’s control, and which the Company is under no obligation
and may not be able to satisfy. The Purchaser acknowledges that the Company confidentially submitted the Registration Statement
for its proposed IPO. The Purchaser understands that the offering of the Securities is not and is not intended to be part of the
IPO, and that the Purchaser will not be able to rely on the protection of Section 11 of the Securities Act.

 

(h) No Public Market.
The Purchaser understands that no public market now exists for the Securities, and that the Company has made no assurances that
a public market will ever exist for the Securities.

 

(i) High Degree of
Risk. The Purchaser understands that its agreement to purchase the Securities involves a high degree of risk which could cause
the Purchaser to lose all or part of its investment, and that it will be contractually obligated to vote its Class B Shares in
favor of the Company’s initial Business Combination.

 

(j) Accredited Investor.
The Purchaser is an accredited investor as defined in Rule 501(a) of Regulation D promulgated under the Securities Act.

 

(k) Foreign Investors.
If the Purchaser is not a United States person (as defined by Section 7701(a)(30) of the Code), the Purchaser hereby represents
that it has satisfied itself as to the full observance of the laws of its jurisdiction in connection with any invitation to subscribe
for the Securities or any use of this Agreement, including (i) the legal requirements within its jurisdiction for the purchase
of the Securities, (ii) any foreign exchange restrictions applicable to such purchase, (iii) any governmental or other consents
that may need to be obtained, and (iv) the income tax and other tax consequences, if any, that may be relevant to the purchase,
holding, redemption, sale, or transfer of the Securities. The Purchaser’s subscription and payment for and continued beneficial
ownership of the Securities will not violate any applicable securities or other laws of the Purchaser’s jurisdiction.

 

(l) No General Solicitation.
Neither the Purchaser, nor any of its officers, directors, employees, agents, stockholders or partners has either directly or indirectly,
including, through a broker or finder (i) to its knowledge, engaged in any general solicitation, or (ii) published any advertisement
in connection with the offer and sale of the Securities.

 

(m) Residence.
If the Purchaser is an individual, then the Purchaser resides in the state or province identified in the address of the Purchaser
set forth on the signature page hereof; if the Purchaser is a partnership, corporation, limited liability company or other entity,
then its principal place of business is the office or offices located at the address or addresses of the Purchaser set forth on
the signature page hereof.

 

(n) Non-Public Information.
The Purchaser acknowledges its obligations under applicable securities laws with respect to the treatment of non-public information
relating to the Company.

 

(o) Adequacy of Financing.
The Purchaser has available to it sufficient funds to satisfy its obligations under this Agreement.

 

(p) Affiliation of
Certain FINRA Members. The Purchaser is neither a person associated nor affiliated with Credit Suisse Securities (USA) LLC
or Merrill Lynch, Pierce, Fenner & Smith Incorporated or, to its actual knowledge, any other member of the Financial Industry
Regulatory Authority (“FINRA”) that is participating in the IPO.

 

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(q) No Other Representations
and Warranties; Non-Reliance. Except for the specific representations and warranties contained in this Section 2 and in any
certificate or agreement delivered pursuant hereto, none of the Purchaser nor any person acting on behalf of the Purchaser nor
any of the Purchaser’s affiliates (the “Purchaser Parties”) has made, makes or shall be deemed to make
any other express or implied representation or warranty with respect to the Purchaser and this offering, and the Purchaser Parties
disclaim any such representation or warranty. Except for the specific representations and warranties expressly made by the Company
in Section 3 of this Agreement and in any certificate or agreement delivered pursuant hereto, the Purchaser Parties specifically
disclaim that they are relying upon any other representations or warranties that may have been made by the Company, any person
on behalf of the Company or any of the Company’s affiliates (collectively, the “Company Parties”).

 

3. Representations
and Warranties of the Company. The Company represents and warrants to the Purchaser as follows:

 

(a) Organization and
Corporate Power. The Company is an exempted company duly incorporated and validly existing and in good standing as an exempted
company under the laws of the Cayman Islands and has all requisite corporate power and authority to carry on its business as presently
conducted and as proposed to be conducted. The Company has no subsidiaries.

 

(b) Capitalization.
The authorized share capital of the Company consists, immediately prior to the Class B Share Closing, of:

 

(i) 200,000,000 Class
A Shares, none of which are issued and outstanding.

 

(ii) 25,000,000 Class
B Shares, 8,625,000 of which are issued and outstanding and held by the Sponsor. All of the outstanding Class B Shares have been
duly authorized, are fully paid and nonassessable and were issued in compliance with all applicable federal and state securities
laws. Immediately following the sale of the Class B Shares to the Forward Contract Parties, there will be a total of 12,375,000
Class B Shares issued and outstanding, 8,625,000 of which will be held by the Sponsor and an aggregate of 3,750,000 of which will
be held by the Forward Contract Parties.

 

(iii) 200,000,000 Class
C Shares, none of which are issued and outstanding.

 

(iv) 1,000,000 preferred
shares, none of which are issued and outstanding.

 

(c) Authorization.
All corporate action required to be taken by the Company’s Board of Directors and shareholders in order to authorize the
Company to enter into this Agreement, and to issue the Securities at the Class B Share Closing and the FPS Closing, and the securities
issuable upon conversion or exercise of the Securities, has been taken or will be taken prior to the Class B Share Closing and
the FPS Closing, as applicable. All action on the part of the shareholders, directors and officers of the Company necessary for
the execution and delivery of this Agreement, the performance of all obligations of the Company under this Agreement to be performed
as of the Class B Share Closing and the FPS Closing, and the issuance and delivery of the Securities and the securities issuable
upon conversion or exercise of the Securities has been taken or will be taken prior to the Class B Share Closing and the FPS Closing,
as applicable. This Agreement, when executed and delivered by the Company, shall constitute the valid and legally binding obligation
of the Company, enforceable against the Company in accordance with its terms except (i) as limited by applicable bankruptcy, insolvency,
reorganization, moratorium, fraudulent conveyance, or other laws of general application relating to or affecting the enforcement
of creditors’ rights generally, (ii) as limited by laws relating to the availability of specific performance, injunctive
relief, or other equitable remedies, or (iii) to the extent the indemnification provisions contained in the Registration Rights
may be limited by applicable federal or state securities laws.

 

(d) Valid Issuance
of Securities.

 

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(i) The Securities,
when issued, sold and delivered in accordance with the terms and for the consideration set forth in this Agreement and registered
in the register of members of the Company, and the securities issuable upon conversion or exercise of the Securities, when issued
in accordance with the terms of the Securities and this Agreement, and registered in the register of members of the Company, will
be validly issued, fully paid and nonassessable and free of all preemptive or similar rights, taxes, liens, encumbrances and charges
with respect to the issue thereof and restrictions on transfer other than restrictions on transfer specified under this Agreement,
applicable state and federal securities laws and liens or encumbrances created by or imposed by the Purchaser. Assuming the accuracy
of the representations of the Purchaser in this Agreement and subject to the filings described in Section 3(e) below, the Securities
will be issued in compliance with all applicable federal and state securities laws.

 

(ii) No “bad
actor” disqualifying event described in Rule 506(d)(1)(i)-(viii) of the Securities Act (a “Disqualification Event”)
is applicable to the Company or, to the Company’s knowledge, any Company Covered Person (as defined below), except for a
Disqualification Event as to which Rule 506(d)(2)(ii–iv) or (d)(3), is applicable. “Company Covered Person”
means, with respect to the Company as an “issuer” for purposes of Rule 506 promulgated under the Securities Act, any
Person listed in the first paragraph of Rule 506(d)(1).

 

(e) Governmental Consents
and Filings. Assuming the accuracy of the representations and warranties made by the Purchaser in this Agreement, no consent,
approval, order or authorization of, or registration, qualification, designation, declaration or filing with, any federal, state
or local governmental authority is required on the part of the Company in connection with the consummation of the transactions
contemplated by this Agreement, except for filings pursuant to Regulation D of the Securities Act, and applicable state securities
laws.

 

(f) Compliance with
Other Instruments. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated
by this Agreement will not result in any violation or default (i) of any provisions of its articles of association, Charter or
other governing documents, (ii) of any instrument, judgment, order, writ or decree to which it is a party or by which it is bound,
(iii) under any note, indenture or mortgage to which it is a party or by which it is bound, (iv) under any lease, agreement, contract
or purchase order to which it is a party or by which it is bound or (v) of any provision of federal or state statute, rule or regulation
applicable to the Company, in each case (other than clause (i)) which would have a material adverse effect on the Company or its
ability to consummate the transactions contemplated by this Agreement.

 

(g) Operations.
As of the date hereof, the Company has not conducted, and prior to the IPO Closing the Company will not conduct, any operations
other than organizational activities and activities in connection with offerings of the Securities.

 

(h) Foreign Corrupt
Practices. Neither the Company, nor any director, officer, agent, employee or other Person acting on behalf of the Company
has, in the course of its actions for, or on behalf of, the Company (i) used any corporate funds for any unlawful contribution,
gift, entertainment or other unlawful expenses relating to political activity; (ii) made any direct or indirect unlawful payment
to any foreign or domestic government official or employee from corporate funds; (iii) violated or is in violation of any provision
of the U.S. Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any unlawful bribe, rebate, payoff, influence payment,
kickback or other unlawful payment to any foreign or domestic government official or employee.

 

(i) Compliance with
Anti-Money Laundering Laws. The operations of the Company are and have been conducted at all times in compliance with applicable
financial recordkeeping and reporting requirements and all other applicable U.S. and non-U.S. anti-money laundering laws and regulations,
including, but not limited to, those of the Currency and Foreign Transactions Reporting Act of 1970, as amended, the USA Patriot
Act of 2001 and the applicable money laundering statutes of all applicable jurisdictions, the rules and regulations thereunder
and any related or similar rules, regulations or guidelines, issued, administered or enforced by any governmental agency (collectively,
the “Anti-Money Laundering Laws”), and no action, suit or proceeding by or before any court or governmental
agency, authority or body

 

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or any arbitrator involving
the Company with respect to the Anti-Money Laundering Laws is pending or, to the knowledge of the Company, threatened.

 

(j) Absence of Litigation.
There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory
organization or body pending or, to the knowledge of the Company, threatened against or affecting the Company or any of the Company’s
officers or directors, whether of a civil or criminal nature or otherwise, in their capacities as such.

 

(k) No General Solicitation.
Neither the Company, nor any of its officers, directors, employees, agents or stockholders has either directly or indirectly, including,
through a broker or finder (i) engaged in any general solicitation, or (ii) published any advertisement in connection with the
offer and sale of the Securities.

 

(l) Issuance Totals.
Prior to or concurrently with the execution and delivery of this Agreement the Company has or is entering into forward purchase
agreements providing for the sale of an aggregate of 3,750,000 Class B Shares, and the purchase of up to an aggregate of 15,000,000
Forward Purchase Shares and 5,000,000 Forward Purchase Warrants (in each case including the Class B Shares, Forward Purchase Shares
and Forward Purchase Warrants purchased and sold under this Agreement).

 

(m) Founder Investment.
Omar M. Asali, and/or his affiliate and/or estate planning vehicle (the “Founder Anchor”), has entered into
Forward Contract(s) providing for the purchase of an aggregate of 2,500,000 Class A Shares, 833,333 Warrants and 625,000 Class
B Shares.

 

(n) No Other Representations
and Warranties; Non-Reliance. Except for the specific representations and warranties contained in this Section 3 and in any
certificate or agreement delivered pursuant hereto, none of the Company Parties has made, makes or shall be deemed to make any
other express or implied representation or warranty with respect to the Company, this offering, the proposed IPO or a potential
Business Combination, and the Company Parties disclaim any such representation or warranty. Except for the specific representations
and warranties expressly made by the Purchaser in Section 2 of this Agreement and in any certificate or agreement delivered pursuant
hereto, the Company Parties specifically disclaim that they are relying upon any other representations or warranties that may have
been made by the Purchaser Parties.

 

4. Right of First
Refusal. Subject to the terms and conditions of this Section 4, if, in connection with or prior to the Business Combination
Closing, the Company proposes to issue any equity securities, or securities convertible into, exchangeable or exercisable for equity
securities (including working capital loans to the Company to finance transaction costs in connection with an intended initial
Business Combination to the extent they may be convertible at the option of the lender into warrants of the post-Business Combination
entity (“Working Capital Loans”)), other than the Public Units (and their component Class A Shares (the “Public
Shares”) and Public Warrants) and Excluded Securities (as defined below) (“New Equity Securities”),
or offer or seek commitments for any New Equity Securities to backstop any such capital raise, the Company shall first make an
offer of the New Equity Securities to the Purchaser in accordance with the following provisions of this Section 4:

 

(a) Offer Notice.

 

(i) The Company shall
give written notice (the “Offering Notice”) to the Purchaser and the other Forward Contract Parties stating
its bona fide intention to offer the New Equity Securities and specifying the number of New Equity Securities and the material
terms and conditions, including the price, pursuant to which the Company proposes to offer the New Equity Securities and the applicable
pro rata share of such New Equity Securities offered to the Purchaser pursuant to such Offering Notice.

 

(ii) The Offering Notice
shall constitute the Company’s offer to sell the New Equity Securities to the Purchaser and the other Forward Contract Parties,
which offer shall be irrevocable for a period of ten (10) Business Days (the “ROFR Notice Period”).

 

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(b) Exercise of Right
of First Refusal.

 

(i) Upon receipt of
the Offering Notice, the Purchaser shall have until the end of the ROFR Notice Period to accept the Company’s offer to purchase
all (but not less than all) of its pro rata share of the New Equity Securities, based on the number of Forward Purchase
Shares the Purchaser has agreed to purchase hereunder out of the total number of Class A Shares that the Purchaser and other Forward
Contract Parties have agreed to purchase at the FPS Closing, by delivering a written notice (a “ROFR Notice”)
to the Company stating that it accepts the Company’s offer to purchase such New Equity Securities on the terms specified
in the Offering Notice. Any ROFR Notice so delivered shall be binding upon delivery and irrevocable by the Purchaser.

 

(ii) If the Purchaser
does not deliver a ROFR Notice during the ROFR Notice Period, the Purchaser shall be deemed to have waived all of the Purchaser’s
rights to purchase the New Equity Securities offered pursuant to the Offering Notice under this Section 4. Thereafter, the Company
shall, within five (5) Business Days after the expiration of the ROFR Notice Period, give an Offering Notice to all other Forward
Contract Parties who have delivered a ROFR Notice to the Company during the ROFR Notice Period accepting the Company’s initial
offer to purchase the New Equity Securities, informing them that they have the right to increase the number of New Equity Securities
that they have accepted pursuant to the initial ROFR Notice. Each such Forward Contract Party shall then have two (2) Business
Days (the “Subsequent Offering Period”) in which to accept such second offer, by giving notice of acceptance
(the “Subsequent ROFR Notice”) to the Company prior to the expiration of the Subsequent Offering Period, as
to such Forward Contract Party’s pro rata share of the Purchaser’s portion of the New Equity Securities not
accepted pursuant to the initial Offering Notice to the Purchaser.

 

(iii) If any Forward
Contract Party does not deliver the Subsequent Offer Notice to the Company prior to the expiration of the Subsequent Offering Period,
such Forward Contract Party shall be deemed to have waived all of such party’s rights to purchase New Equity Securities in
such second offer by the Company. The Company shall thereafter be free to sell or enter into an agreement to sell the Purchaser’s
pro rata portion of such New Equity Securities to any third party (including any other Forward Contract Parties who accepted
such second offer) without any further obligation to the Purchaser pursuant to this Section 4 within the ninety (90) day period
thereafter (and with respect to an agreement to sell, consummate such sale at any time thereafter) on terms and conditions not
more favorable to the third party than those set forth in any Offering Notice. If the Company does not sell or enter into an agreement
to sell the Purchaser’s pro rata portion of the New Equity Securities within such period, the rights provided hereunder shall
be deemed to be revived and the New Equity Securities shall not be offered to any third party unless first re-offered to the Purchaser
in accordance with this Section 4.

 

(c) Excluded Securities.
For purposes hereof, the term “Excluded Securities” means Class B Shares (and Class A Shares and/or Class C
Shares for which such Class B Shares are convertible) issued to the Sponsor prior to the IPO, private placement warrants issued
by the Company to the Forward Contract Parties in connection with the IPO for $1.00 per warrant for an aggregate of $7,000,000
(or $7,750,000 if the underwriters’ over-allotment option is exercised in full) and which have the same exercise price as
the Warrants (“Private Placement Warrants”) issued pursuant to a private placement agreement between the Forward
Contract Parties and the Company (the “Private Placement Warrant Agreement”), warrants issued upon the conversion
of Working Capital Loans, any securities issued by the Company as consideration to any seller in the Business Combination, any
Class A Shares, Class B Shares (and Class A Shares and/or Class C Shares for which such Class B Shares are convertible), Class
C Shares (and Class A Shares for which such Class C Shares are convertible) and Forward Purchase Warrants issued pursuant to this
Agreement or the Forward Contracts.

 

(d) Additional Private
Placements. Notwithstanding anything to the contrary contained herein, prior to the IPO, the Company will not issue or agree
to issue any securities (other than Forward Purchase Securities in the amounts set forth in Section 3(l), Private Placement
Warrants and the Public Units) without the Purchaser’s prior written consent.

 

5. Business Combination
Consent Right.

 

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(a) Prior to entering
into any definitive agreement setting forth the terms and conditions of, and binding the Company (subject to any conditions and
qualifications set forth in such agreement) to effect, a Business Combination, any agreement relating to the forfeiture of founder
shares or any other material agreement to be executed in connection with such definitive agreement (collectively, a “Business
Combination Agreement”), the Company shall give written notice (the “BC Notice”) to the Purchaser
and the other Forward Contract Parties stating its bona fide intention to enter into a Business Combination Agreement. The Company
will provide the Forward Contract Parties with applicable materials and information in order for the Forward Contract Parties to
evaluate whether to provide a consent to the proposed Business Combination pursuant to paragraph (b) below including the material
terms of the transaction and any other information reasonably requested by the Purchaser with respect to the proposed Business
Combination, such materials and information to be provided subject to the terms of a non-disclosure agreement to be entered between
the Company and the Forward Contract Parties in accordance with applicable law (including Regulation FD under the Exchange Act)
and the Company’s contractual obligations; provided, that the Company shall have the right to refuse to provide any
such materials or information if, in the opinion of the Company, acting reasonably and in good faith having received the advice
of counsel, the provision of such materials or information could violate applicable laws or regulations or result in any waiver
of legal privilege of the Company; and provided, further, that if the target entity’s equity or debt securities
are traded on a securities exchange or over-the-counter market, prior to providing such materials and information, the Company
will first provide only the name of the potential target to a legal or compliance person designated by each Forward Contract Party
in writing as authorized to receive such information (such person, the “Designated Person”) so that such Forward
Contract Party can determine if it has an internal restriction on the receipt of such materials or information; and provided,
further, that if any such materials and information cannot be publicly disclosed by the Company following the approval of the
Business Combination pursuant to paragraph (c) below and the Company’s entry into a definitive agreement with respect thereto,
the Company shall receive the prior written consent of the Designated Person prior to providing such materials and information
to such Forward Contract Party (such materials and information, the “Optional Information”). If the Business
Combination is approved pursuant to paragraph (c) below and the Company enters into a definitive agreement with respect thereto,
the Company will disclose all material nonpublic information concerning the Business Combination in the proxy statement or otherwise
other than the Optional Information. In addition, at the election of any Forward Contract Party, the Company and the Sponsor will
use commercially reasonable efforts to allow such Forward Contract Party to attend or participate in due diligence sessions with
and/or meetings with management of the target entity in a potential Business Combination, subject, in each case, to such Forward
Contract Party entering into a non-disclosure agreement with the applicable target entity in a potential Business Combination and
complying with other applicable rules and procedures established by such target entity.

 

(b) Upon receipt of the
BC Notice, the Purchaser shall have ten (10) Business Days (the “Initial BC Notice Period”) to deliver to the
Company a written notice (the “Response Notice”), which shall specify whether the Purchaser consents to the
Business Combination. Any Response Notice so delivered shall be binding upon delivery and irrevocable by the Purchaser. If the
Purchaser does not deliver a Response Notice before the expiration of the Initial BC Notice Period, the Purchaser shall be deemed
to have not consented to the Business Combination. If the terms of the proposed Business Combination Agreement, or, to the knowledge
of the Company after due inquiry, the condition of the target in the subject transaction, change materially following the Purchaser’s
consent to the Business Combination and before the Company enters into a definitive agreement with respect thereto, the Company
will provide a subsequent BC Notice to Purchaser which shall describe such material changes. Upon receipt of the subsequent BC
Notice, Purchaser shall have ten (10) Business Days (the “Second BC Notice Period”) to deliver a written notice
(the “Second Response Notice”), which shall specify whether the Purchaser still consents to the Business Combination
to the Company. Any Second Response Notice so delivered shall be binding upon delivery and irrevocable by the Purchaser. If the
Purchaser does not deliver the Second Response Notice before the expiration of the Second BC Notice Period, the Purchaser shall
be deemed to have not consented to the Business Combination notwithstanding any prior consent delivered by the Purchaser prior
to the expiration of the Initial BC Notice Period.

 

    10 

     

    

(c) Prior to entering
into a Business Combination Agreement, the Company shall have received the consent of Forward Contract Parties that have committed
to purchase more than 50% of the Total Forward Purchase Shares as contemplated under clauses (a) and (b) of this Section 5 (the
“Business Combination Condition”).

 

(d) After the Company
has entered into a Business Combination Agreement, the Company shall give written notice (the “Amendment Notice”)
to the Purchaser and the other Forward Contract Parties in the event that any material amendment to such Business Combination Agreement
is proposed, describing in detail such material amendment. Upon receipt of the Amendment Notice, the Purchaser shall have ten (10)
Business Days (the “Amendment Notice Period”) to deliver to the Company a written notice (the “Amendment
Response”), which shall specify whether the Purchaser consents to the amendment to the Business Combination Agreement.
Any Amendment Response so delivered shall be binding upon delivery and irrevocable by the Purchaser. If Purchaser does not deliver
an Amendment Response before the expiration of the Amendment Notice Period, the Purchaser shall be deemed to have not consented
to the amendment to the Business Combination Agreement. Prior to entering into any such material amendment to a Business Combination
Agreement, the Company shall have received the consent of Forward Contract Parties that have committed to purchase more than 50%
of the Total Forward Purchase Shares.

 

6. Additional Agreements
and Acknowledgements of the Purchaser.

 

(a) Lock-up; Transfer
Restrictions. The Purchaser agrees that it shall not Transfer (as defined below) any Class B Shares and the Class A Shares
and/or Class C Shares into which the Class B Shares are convertible, until the earlier of (A) one year after the Business Combination
Closing and (B) the date following the Business Combination Closing on which the Company completes a liquidation, merger, share
exchange or other similar transaction that results in all of the Company’s ordinary shareholders having the right to exchange
their ordinary shares of the Company for cash, securities or other property (the “Lock-up Period”). Notwithstanding
the foregoing, if, subsequent to a Business Combination, the closing price of the Class A Shares equals or exceeds $12.00 per share
(as adjusted for share splits, share dividends, reorganizations, recapitalizations and the like) for any twenty (20) trading days
within any thirty (30) trading day period commencing at least one hundred and fifty (150) days after the Business Combination Closing,
the Class B Shares (and the Class A Shares and/or Class C Shares into which the Class B Shares are convertible) shall be released
from the lockup referenced herein. Notwithstanding the first sentence hereinabove, Transfers of the Class B Shares (and the Class
A Shares and/or Class C Shares into which the Class B Shares are convertible) are permitted (i) to the Company’s officers
or directors, any affiliates or family members of any of the Company’s officers or directors, any members of the Sponsor
or their affiliates, or any affiliates of the Sponsor; (ii) in the case of an individual, by a bona fide gift or transfer
to a member(s) of the individual’s immediate family or to a trust, the beneficiary of which is a member of one of the individual’s
immediate family, an affiliate of such person, or in the case of any Person, by gift or transfer to a charitable organization;
(iii) in the case of an individual, by virtue of laws of descent and distribution upon death of the individual; (iv) in the case
of an individual, pursuant to a qualified domestic relations order; (v) by private sales or transfers made in connection with the
consummation of a Business Combination at prices no greater than the price at which the Class B Shares were originally purchased;
(vi) in the event of the Company’s liquidation, bankruptcy or dissolution prior to the completion of a Business Combination;
(vii) in the event of completion of a liquidation, merger, share exchange or other similar transaction which results in all of
the Company’s shareholders having the right to exchange their ordinary shares of the Company for cash, securities or other
property subsequent to the completion of a Business Combination; (viii) as a bona fide gift or gifts; (ix) as a distribution
to limited partners, members or stockholders of the Purchaser; (x) to the Purchaser’s affiliates, to any investment fund
or other entity controlled or managed by the Purchaser, or to any investment manager or investment advisor of the Purchaser or
an affiliate of any such investment manager or investment advisor, (xi) to a nominee or custodian of a person or entity to whom
a disposition or transfer would be permissible under clauses (i) through (x) above, and (xii) pursuant to an order of a court or
regulatory agency; provided, however, that in the case of clauses (i) through (vi) and clauses (viii) through (xi),
these permitted transferees must enter into a written agreement agreeing to be bound by these transfer restrictions. As used in
this Agreement, “Transfer” shall mean the (x) sale of, offer to sell, contract or agreement to sell, hypothecation,
pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or

 

    11 

     

    

establishment or increase
of a put equivalent position or liquidation with respect to or decrease of a call equivalent position (within the meaning of Section
16 of the Exchange Act, and the rules and regulations of the SEC promulgated thereunder) with respect to, any of the Securities
(excluding any pledges in the ordinary course of business for bona fide financing purposes or as part of prime brokerage arrangements;
provided, that for so long as the restrictions on Transfer set forth in the first sentence of Section 7(b) of this Agreement
remain in effect, no such pledges shall be effected by the Sponsor or Omar M. Asali (including any controlled affiliates of Omar
M. Asali) without the prior written consent of Forward Contract Parties that have committed to purchase more than 50% of the Total
Forward Purchase Shares), (y) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the
economic consequences of ownership of any of the Securities, whether any such transaction is to be settled by delivery of such
Securities, in cash or otherwise, or (z) public announcement of any intention to effect any transaction specified in clause (x)
or (y). For the avoidance of doubt, this Section 6(a) shall not restrict the ability to exercise any Forward Purchase Warrants
in accordance with their terms.

 

(b) Potential Forfeitures.

 

(i) Complete Forfeiture
Upon Failure to Fund. The Purchaser agrees that, to the extent that it fails to pay the FPS Purchase Price when required in
accordance with Section 1 hereof and such failure to pay remains uncured after five (5) Business Days’ notice from the Company,
the Purchaser shall forfeit to the Company all of its Class B Shares. If the Purchaser fails to forfeit any Class B Shares it is
required to forfeit hereunder, the Purchaser hereby grants hereunder to the Company and any representative designated by the Company
without further action by the Purchaser a limited irrevocable power of attorney to effect such forfeiture on behalf of the Purchaser,
which power of attorney shall be deemed to be coupled with an interest.

 

(ii) Partial Forfeiture
in Connection with Business Combination Closing. If, in connection with the Business Combination Closing, the Sponsor agrees
to forfeit any Class B Shares to the Company at no cost (other than pursuant to Section 7(a) of this Agreement) or subject its
Class B Shares to contractual terms or restrictions, convert its Class B Shares into other securities or contractual rights or
otherwise modify the terms of its Class B Shares, and the agreement relating to such forfeiture shall have received the consent
of Forward Contract Parties that have committed to purchase more than 50% of the Total Forward Purchase Shares (each a “Class
B Change”), then the Purchaser agrees to forfeit, subject, convert or modify its Class B Shares on a pro rata basis and
on the same terms as the Sponsor, and hereby grants to the Company and any representative designated by the Company without further
action by the Purchaser a limited irrevocable power of attorney to effect such forfeiture or Class B Change on behalf of the Purchaser,
which power of attorney shall be deemed to be coupled with an interest.

 

(iii) Nature of
Forfeitures. Any forfeiture under this Agreement shall take effect as a surrender for no consideration as a matter of Cayman
Islands law.

 

(c) Trust Account.

 

(i) The Purchaser hereby
acknowledges that it is aware that the Company will establish a trust account (the “Trust Account”) for the
benefit of its public shareholders upon the closing of the IPO. The Purchaser, for itself and its affiliates, hereby agrees that
it has no right, title, interest or claim of any kind in or to any monies held in the Trust Account, or any other asset of the
Company as a result of any liquidation of the Company, except for redemption and liquidation rights, if any, the Purchaser may
have in respect of any Public Shares held by it.

 

(ii) The Purchaser
hereby agrees that it shall have no right of set-off or any right, title, interest or claim of any kind (“Claim”)
to, or to any monies in, the Trust Account, and hereby irrevocably waives any Claim to, or to any monies in, the Trust Account
that it may have now or in the future, except for redemption and liquidation rights, if any, the Purchaser may have in respect
of any Public Shares held by it. In the event the Purchaser has any Claim against the Company under this Agreement, the Purchaser
shall pursue such Claim solely against the Company and its assets outside the Trust Account and

 

    12 

     

    

not against the property
or any monies in the Trust Account, except for redemption and liquidation rights, if any, the Purchaser may have in respect of
any Public Shares held by it.

 

(d) Redemption and
Liquidation. The Purchaser hereby waives, with respect to any Class B Shares (including the Class A Shares and/or Class C Shares
into which such Class B Shares are convertible) held by it, any redemption rights it may have in connection with (i) the consummation
of a Business Combination, including any such rights available in the context of a shareholder vote to approve such Business Combination
and (ii) any shareholder vote to approve an amendment to the Charter that would affect the substance or timing of the Company’s
obligation to redeem 100% of the Class A Shares sold in the IPO if the Company has not consummated an initial Business Combination
within the time period set forth in the Charter or in the context of a tender offer made by the Company to purchase Class A Shares,
it being understood that the. Purchaser shall be entitled to redemption and liquidation rights with respect to any Public Shares
held by it.

 

(e) Voting. Subject
to the conditions set forth in Section 5 hereof, the Purchaser hereby agrees that if the Company seeks shareholder approval of
a proposed Business Combination, then in connection with such proposed Business Combination, the Purchaser shall vote any Class
A Shares owned by it in favor of any proposed Business Combination. If the Purchaser fails to vote any Class A Shares it is required
to vote hereunder in favor of a Proposed Business Combination, the Purchaser hereby grants hereunder to the Company and any representative
designated by the Company without further action by the Purchaser a limited irrevocable power of attorney to effect such vote on
behalf of the Purchaser, which power of attorney shall be deemed to be coupled with an interest.

 

(f) No Short Sales.
The Purchaser hereby agrees that neither it, nor any person or entity acting on its behalf or pursuant to any understanding with
it, will engage in any Short Sales with respect to securities of the Company prior to the Business Combination Closing. For purposes
of this Section, “Short Sales” shall include all “short sales” as defined in Rule 200 promulgated
under Regulation SHO under the Exchange Act, and all types of direct and indirect stock pledges (other than pledges in the ordinary
course of business as part of prime brokerage arrangements), forward sale contracts, options, puts, calls, swaps and similar arrangements
(including on a total return basis), and sales and other transactions through non-U.S. broker dealers or foreign regulated brokers.

 

(g) Voting Restriction. 
The Purchaser hereby agrees that neither it nor any of its controlled affiliates shall, directly or indirectly, vote or cause to
be voted its or their respective Class B Shares now or hereafter beneficially owned or held in respect of any matter on which the
Class B Shares shall be entitled to vote as provided for in the Charter (provided, that this provision shall not apply to
any rights of the Purchaser or its affiliates set forth in Section 5 of this Agreement); and the Company shall be entitled to take
any and all actions necessary to give effect to this covenant of the Purchaser.  For the avoidance of doubt, the restrictions
set forth in this Section 6(g) shall survive the FPS Closing and any termination of this Agreement pursuant to Section 9 of this
Agreement.

 

7. Additional Agreements
of the Sponsor and the Company.

 

(a) Potential Forfeiture
by Sponsor. Upon the redemption of Public Shares by any public shareholder in connection with the shareholder vote to approve
the Business Combination as provided for in the Charter (each a “Public Share Redemption”), the Sponsor agrees
to forfeit to the Company at no cost one Class B Share for each four (4) Public Shares redeemed in the Public Share Redemption;
provided, that in no event shall the Sponsor forfeit any fractional Class B Share.

 

(b) Sponsor Class
B Share Lock-up. The Sponsor agrees that, without the prior written consent of Forward Contract Parties that have committed
to purchase more than 50% of the Total Forward Purchase Shares, the Sponsor shall not, and shall cause its controlled affiliates
or any Sponsor-Affiliate (as defined below) and their permitted transferees not to, Transfer any Class B Shares or Class A Shares
and/or Class C Shares into which such Class B Shares are convertible (or, following a Business Combination, any shares of common
stock or other equity security into which the Class A Shares are convertible or reclassified) (the “Sponsor Shares”)
until the third anniversary of the Business Combination Closing.

 

    13 

     

    

Notwithstanding the foregoing,
the Sponsor, its affiliates, any Sponsor-Affiliate and their permitted transferees will be permitted to Transfer the Sponsor Shares
in accordance with the exceptions set forth in Section 6(a) of this Agreement (subject to the proviso thereof that in the case
of clauses (i) through (vi) and clauses (viii) through (xi) of Section 6(a), the permitted transferees must enter into a written
agreement agreeing to be bound by the transfer restrictions specified therein). Solely for purposes of the second sentence of this
Section 7(b), references in Section 6(a) to the Purchaser shall be deemed to refer to the Sponsor, its affiliates, any Sponsor-Affiliate
and their permitted transferees, mutatis mutandis. In addition, the foregoing restrictions in this Section 7(b) shall not
apply to:

 

(i) (A) Transfers by
the Sponsor to any of its employees, officers or directors and (B) Transfers by any employee, officer or director of the Sponsor
(other than Omar M. Asali) or such person’s permitted transferees, in one or more transactions, of up to 20.0% of the Sponsor
Shares beneficially owned by such person immediately following the Business Combination Closing;

 

(ii) Transfers by the
Sponsor, any of its controlled affiliates, any Sponsor-Affiliate or any of their permitted transferees of (A) up to 50.0% of their
Sponsor Shares, in one or more Transfers, following any thirty (30) consecutive trading day period after the Business Combination
Closing during which the MOI Ratio (as defined below) is equal to or exceeds 1.5 to 1.0 for each trading day during such period;
and (B) up to 100.0% of their Sponsor Shares, in one or more Transfers, following any thirty (30) consecutive trading day period
after the Business Combination Closing during which the MOI Ratio (as defined below) is equal to or exceeds 2.0 to 1.0 for each
trading day during such period. For purposes of this Section 7(b)(ii), the “MOI Ratio” for any trading day is
equal to the ratio of (A) the aggregate market value, based on the closing trading price of the Class A Shares (or any shares of
common stock or other equity security into which the Class A Shares are convertible or reclassified) on such trading day, of the
number of Class A Shares, Class B Shares, Class C Shares and Warrants initially issued by the Company to the Forward Contract Parties
pursuant to this Agreement, the Private Placement Warrant Agreement and the Warrant Agreement, as applicable, to (B) the total
dollar amount contributed by the Forward Contract Parties to the capital of the Company in connection with this Agreement, the
Private Placement Warrant Agreement and the Warrant Agreement;

 

(iii) Transfers by
the Sponsor, any of its controlled affiliates, any Sponsor-Affiliate or any of their permitted transferees on or after the date
that the Forward Contract Parties collectively beneficially own (on an as-converted basis) less than 50% of the total number of
Class A Shares collectively beneficially owned by the Forward Contract Parties immediately following the Business Combination Closing.

 

As used in this Agreement,
“Sponsor-Affiliate” shall mean any director, officer or employee of the Sponsor who is also serving in any such
role or position at the Company (including Omar M. Asali). For the avoidance of doubt, the restrictions on Transfer set forth in
the first sentence of Section 6 and the first sentence of Section 7(b) of this Agreement shall not apply to the non-management
directors of the Company or their respective successors to the Company’s board of directors (the “Board”).

 

For so long as the restrictions
on Transfer set forth in the first sentence of this Section 7(b) shall apply, the Sponsor shall provide the Purchaser with notice
of any Transfers to be made pursuant to clause (ii) or (iii) of the second sentence of this Section 7(b), which notice shall be
provided at least ten (10) calendar days before consummation of any such Transfer; provided, that such notice shall not
be required if, in the opinion of the Company, acting reasonably and in good faith having received the advice of counsel, provision
of such notice will require public disclosure in advance of any public disclosure otherwise required in connection with such Transfer
or violate applicable law (including applicable securities laws); and provided, further, that, in the opinion of
counsel of the Sponsor, if shortening the advance notice period or the Purchaser’s agreement to treat the notice of Transfer
confidentially would eliminate the requirement for public disclosure or the violation of applicable law described in the immediately
preceding provision, then subject to applicable law or any material agreement binding on the Company and/or the Sponsor, the Purchaser
shall be given the opportunity to agree to so shorten the advance notice period or treat the notice of Transfer confidentially.
The Forward Contract Parties agree to

 

    14 

     

    

treat receiving such notice and any trading
in the securities of the Company (or securities derivative thereof) in compliance with applicable law (including applicable securities
laws).

 

(c) QEF Election;
Tax Information; Tax Structuring.

 

(i) The Sponsor shall
use commercially reasonable efforts to determine whether, in any year, the Company (or any subsidiary of the Company) is deemed
to be a “passive foreign investment company” (a “PFIC”) or a “controlled foreign corporation”
(a “CFC”) within the meaning of U.S. Internal Revenue Code of 1986, as amended, and the regulations promulgated
thereunder (collectively, the “Code”), and shall notify the Purchaser if the Company (or any subsidiary of the
Company) is deemed to be a PFIC or CFC. If the Sponsor determines that the Company (or any subsidiary of the Company) is a PFIC
in any year, for the year of determination and for each year thereafter during which the Purchaser holds an equity interest in
the Company, including Warrants, the Company shall use commercially reasonable efforts to (i) make available to the Purchaser the
information that may be required to make or maintain a “qualified electing fund” election under the Code with respect
to the Company (or any subsidiary of the Company, as applicable) and (ii) furnish the information required to be reported under
Section 1298(f) of the Code or under any other applicable tax law.

 

(ii) The Sponsor and
the Company shall consult with the Purchaser with respect to the tax structuring of the Company (or any subsidiary of the Company)
or any Business Combination or IPO, with the Purchaser’s comments being considered by the Sponsor and the Company in good
faith.

 

(d) Founder Shares
and Forward Purchase Securities of Future SPACs. The Sponsor agrees that if, within the ten (10) year period following the
consummation of a Business Combination by the Company, Omar M. Asali is the primary sponsor of a special purpose acquisition company
(“New SPAC”), through the Sponsor or otherwise, then:

 

(i) the Purchaser shall
be granted the right to purchase, at the same price paid, directly or indirectly, by, and on the same other terms and conditions
as, Mr. Asali, a number of founder shares of such New SPAC equal to its pro rata share of five percent (5%) of the founder shares
of such New SPAC, with such pro rata share calculated by reference to the number of Forward Purchase Shares the Purchaser
has agreed to purchase hereunder out of the total number of Class A Shares and Class C Shares that the Purchaser and other Forward
Contract Parties (including, for the avoidance of doubt, the Founder Anchor) have agreed to purchase at the FPS Closing; and

 

(ii) should such New
SPAC execute a private placement of equity securities substantially similar to the Forward Purchase Securities to be consummated
on or about the date of a future business combination for such New SPAC (“New SPAC Forward Purchase Securities”),
the Purchaser shall be granted the right to participate in such private placement up to an aggregate dollar investment of $10,000,000
in New SPAC Forward Purchase Securities, at the same price per security paid, directly or indirectly, by, and otherwise on the
same terms and conditions as, each other investor in such private placement (the “New Anchors”); provided,
that in no event shall any New Anchor have the right to participate in such private placement on terms more favorable than those
applicable to the Purchaser’s participation.

 

(e) IPO. The Company
will offer at least 20,000,000 Public Units in the IPO. Each Public Unit will be comprised of one Class A Share and no more than
one-half of one redeemable Warrant. Each whole Warrant will have an exercise price of not less than $11.50 per share.

 

(f) Use of Purchaser’s
Name. Neither the Company nor the Sponsor will, without the written consent of the Purchaser in each instance use in advertising,
publicity or otherwise the name of the Purchaser or any of its affiliates, or any director, officer or employee of the Purchaser,
nor any trade name, trademark, trade device, service mark, symbol or any abbreviation, contraction or simulation thereof owned
by the Purchaser or its affiliates or any information relating to the business or operations of the Purchaser or its affiliates
(including, for the avoidance of doubt, any investment vehicles, funds or accounts managed thereby). Notwithstanding the foregoing,
the Company may disclose (i) Purchaser’s name and information

 

    15 

     

    

concerning the Purchaser
(A) to the extent required by law, regulation or regulatory request, including pursuant to a request for such disclosure from the
Staff of the SEC or FINRA or (B) to the Company’s lawyers, independent accountants and to other advisors and service providers
who reasonably require Purchaser’s information in connection with the provision of services to the Company, are advised of
the confidential nature of such information and are obligated to keep such information confidential, and (ii) Purchaser’s
name and the terms of this Agreement to the other Forward Contract Parties. The Company and the Sponsor agree to provide to the
Purchaser for Purchaser’s review any disclosure in any registration statement or other document in advance of the submission,
filing or disclosure of such document in connection with the transactions contemplated by this Agreement with respect to the Purchaser
or any of its affiliates.

 

(g) NYSE Listing.
The Company will use commercially reasonable efforts to effect and maintain the listing of the Class A Shares and Warrants on the
NYSE Capital Market (or another national securities exchange).

 

(h) No Amendments
to Charter. The Charter of the Company will be in substantially the same form of Exhibit C hereto and will not be materially
amended prior to the IPO without the Purchaser’s prior written consent.

 

(i) Key Man Insurance.
Unless the waiver of Forward Contract Parties that have committed to purchase more than 50% of the Total Forward Purchase Shares
has been obtained, the Sponsor will use reasonable best efforts to obtain, or cause to be obtained, prior to the date that is ninety
(90) calendar days following the IPO Closing, a “key man” life insurance policy insuring Omar M. Asali for the face
amount of $5,000,000 in favor of the Forward Contract Parties on a pro rata basis. The payment of the premiums for such
policy shall be made by the Sponsor.

 

(j) Board Representation.
(A) Effective upon the IPO Closing and prior to the Business Combination Closing, the Purchaser shall have the right to designate,
upon written notice to the Company and the Sponsor, one individual to be a nonvoting observer (a “Board Observer”)
of the Board and to receive all information provided to the members of the Board during the period in which such person is a Board
Observer, and (B) following the Business Combination Closing, the Purchaser shall have the right to request, upon written notice
to the Company and the Sponsor, the designation of one Board Observer, and upon the exercise of such right, the Company and the
Sponsor shall use commercially reasonable efforts to cause, subject to applicable law, such Board Observer to be appointed to the
Board as a nonvoting observer to receive all information provided to the members of the Board during the period in which such person
is a Board Observer; provided, that, in each such case, the Board Observer shall not be entitled to vote on any matter submitted
to the Board or any of its committees nor to offer any motions or resolutions to the Board or such committees. The Company may
exclude any Board Observer from access to any material or meeting or portion thereof if: (1) in the opinion of the Company, acting
reasonably and in good faith having received the advice of counsel, such exclusion is reasonably necessary to (A) comply with applicable
laws, rules or regulations and the Company’s contractual obligations or (B) preserve any legal privilege of the Company and
its subsidiaries; or (2) such portion of a meeting is an executive session limited solely to independent director members of the
Board, independent auditors and/or legal counsel, as the Board may designate, and the Board Observer (assuming the Board Observer
were a member of the Board) would not meet the then-applicable standards for independence adopted by the New York Stock Exchange,
or such other exchange on which the Company’s securities are then traded.

 

(k) Transaction, Monitoring
and Similar Fees: Hiring or Appointment of Affiliates. In connection with or following a Business Combination, unless the consent
of Forward Contract Parties that have committed to purchase more than 50% of the Total Forward Purchase Shares has been obtained
(including through any shareholder vote in connection with approval of a Business Combination), (A) no transaction, monitoring
or similar fee shall be owed or payable by the Company or its subsidiaries to the Sponsor or the Sponsor’s employees, directors
or controlled affiliates and (B) neither the Company nor any of its subsidiaries shall hire or employ, or appoint or cause to be
appointed as a member of the Board, any employee, officer or director of the Sponsor. For the avoidance of doubt, in the case of
clause (B) above, following receipt of consent of Forward Contract Parties that have committed to purchase more than 50%

 

    16 

     

    

of the Total Forward
Purchase Shares, neither the Company nor the Sponsor shall be required to obtain any additional consents from the Forward Contract
Parties in respect of such employee, officer or director of the Sponsor (including with respect to compensation arrangements). 
Notwithstanding the foregoing, the requirements set forth in this Section 7(j) shall no longer apply following the expiration of
the Lock-up Period.

 

(l) Notice of Material
Change. Prior to the date that the Registration Statement is declared effective by the SEC, the Company shall not implement
or effect, or cause to be implemented or effected, any Material Change (as defined below) to any term of the Public Units, Class
A Shares or Warrants set forth in the Charter or Warrant Agreement, as applicable, unless the Company has received the consent
(in accordance with the procedure set forth in the next and second-to-next sentence of this Section 7(k)) of Forward Contract Parties
that have committed to purchase more than 50% of the Total Forward Purchase Shares.  For purposes of this Section 7(k), following
written notice from the Company to the Forward Contract Parties stating the Company’s intention to implement or effect a
Material Change as described in the foregoing sentence, the Forward Contract Parties shall have four (4) Business Days (the “Consent
Period”) to deliver a written notice to the Company providing consent to the Company in the manner described in the foregoing
sentence or objecting to the Material Change.  If the Company does not receive any such written notice from the Forward Contract
Parties during the Consent Period, the Forward Contract Parties shall be deemed to have consented to the Material Change. 

 

As used in this Section
7(k), “Material Change” shall mean any change to the terms of the Public Units, the Class A Shares and/or the
Warrants set forth in the Charter or Warrant Agreement, as applicable, that the Company would be required to include in the Registration
Statement before the Registration Statement is declared effective by the SEC.

 

8. FPS Closing
Conditions.

 

(a) The obligation of
the Purchaser to purchase the Forward Purchase Securities at the FPS Closing under this Agreement shall be subject to the fulfillment,
at or prior to the FPS Closing of each of the following conditions, any of which, to the extent permitted by applicable laws, may
be waived by the Purchaser:

 

(i) The Business Combination
Condition shall have been satisfied;

 

(ii) The Business Combination
shall be consummated substantially concurrently with, and immediately following, the purchase of Forward Purchase Securities;

 

(iii) The Company shall
have delivered to such Purchaser a certificate evidencing the Company’s good standing as a Cayman Islands exempted limited
company, as of a date within ten (10) Business Days of the FPS Closing;

 

(iv) The representations
and warranties of the Company set forth in Section 3 of this Agreement shall have been true and correct as of the date hereof and
shall be true and correct as of the FPS Closing, as applicable, with the same effect as though such representations and warranties
had been made on and as of such date (other than any such representation or warranty that is made by its terms as of a specified
date, which shall be true and correct as of such specified date), except where the failure to be so true and correct would not
have a material adverse effect on the Company or its ability to consummate the transactions contemplated by this Agreement;

 

(v) The Company and
the Sponsor shall have performed, satisfied and complied in all material respects with the covenants, agreements and conditions
required by this Agreement to be performed, satisfied or complied with by the Company or the Sponsor at or prior to the FPS Closing;
and

 

(vi) No order, writ,
judgment, injunction, decree, determination, or award shall have been entered by or with any governmental, regulatory, or administrative
authority or any court, tribunal, or

 

    17 

     

    

judicial, or arbitral
body, and no other legal restraint or prohibition shall be in effect, preventing the purchase by the Purchaser of the Securities.

 

(b) The obligation of
the Company to sell the Forward Purchase Securities at the FPS Closing under this Agreement shall be subject to the fulfillment,
at or prior to the FPS Closing of each of the following conditions, any of which, to the extent permitted by applicable laws, may
be waived by the Company:

 

(i) The Business Combination
shall be consummated substantially concurrently with, and immediately following, the purchase of Forward Purchase Securities;

 

(ii) The representations
and warranties of the Purchaser set forth in Section 2 of this Agreement shall have been true and correct as of the date hereof
and shall be true and correct as of the FPS Closing, as applicable, with the same effect as though such representations and warranties
had been made on and as of such date (other than any such representation or warranty that is made by its terms as of a specified
date, which shall be true and correct as of such specified date), except where the failure to be so true and correct would not
have a material adverse effect on the Purchaser or its ability to consummate the transactions contemplated by this Agreement;

 

(iii) The Purchaser
shall have performed, satisfied and complied in all material respects with the covenants, agreements and conditions required by
this Agreement to be performed, satisfied or complied with by the Purchaser at or prior to the FPS Closing; and

 

(iv) No order, writ,
judgment, injunction, decree, determination, or award shall have been entered by or with any governmental, regulatory, or administrative
authority or any court, tribunal, or judicial, or arbitral body, and no other legal restraint or prohibition shall be in effect,
preventing the purchase by the Purchaser of the Securities.

 

9. Termination.
This Agreement may be terminated at any time prior to the FPS Closing:

 

(a) by mutual written
consent of the Company and the Purchaser;

 

(b) automatically

 

(i) if the IPO is not
consummated on or prior to May 5, 2018;

 

(ii) if the gross proceeds
from the IPO do not equal or exceed $200,000,000;

 

(iii) if the Business
Combination is not consummated within twenty four (24) months from the closing of the IPO;

 

(iv) upon the death
of Omar M. Asali;

 

(v) if Omar M. Asali,
the Sponsor or the Company becomes subject to any voluntary or involuntary petition under the United States federal bankruptcy
laws or any state insolvency law, in each case which is not withdrawn within sixty (60) days after being filed, or a receiver,
fiscal agent or similar officer is appointed by a court for business or property of Omar M. Asali, the Sponsor or the Company,
in each case which is not removed, withdrawn or terminated within sixty (60) days after such appointment; or

 

(vi) if Omar M. Asali
is indicted and/or convicted in a criminal proceeding for a crime involving fraud or dishonesty.

 

In the event of any
termination of this Agreement pursuant to this Section 9, the FPS Purchase Price (and interest thereon, if any), if previously
paid, and all Purchaser’s funds paid in connection herewith

 

    18 

     

    

shall be promptly returned
to the Purchaser, and thereafter this Agreement shall forthwith become null and void and have no effect, without any liability
on the part of the Purchaser or the Company and their respective directors, officers, employees, partners, managers, members, or
shareholders and all rights and obligations of each party shall cease; provided, however, that nothing contained
in this Section 9 shall relieve either party from liabilities or damages arising out of any fraud or willful breach by such party
of any of its representations, warranties, covenants or agreements contained in this Agreement.

 

10. General Provisions.

 

(a) Notices. All
notices and other communications given or made pursuant to this Agreement shall be in writing and shall be deemed effectively given
upon the earlier of actual receipt, or (a) personal delivery to the party to be notified, (b) when sent, if sent by electronic
mail or facsimile (if any) during normal business hours of the recipient, and if not sent during normal business hours, then on
the recipient’s next Business Day, (c) five (5) Business Days after having been sent by registered or certified mail, return
receipt requested, postage prepaid, or (d) one (1) Business Day after deposit with a nationally recognized overnight courier, freight
prepaid, specifying next Business Day delivery, with written verification of receipt. All communications sent to the Company shall
be sent to: One Madison Corporation, 3 East 28th Street, 8th Floor, New York, New York 10016, Attn: Omar
M. Asali, Chief Executive Officer, email: oasali@onemadisongroup.com, with a copy to the Company’s counsel at: Davis Polk
& Wardwell LLP, 450 Lexington Avenue, New York, NY 10017, Attn: Deanna L. Kirkpatrick, Esq., email: deanna.kirkpatrick@davispolk.com,
fax: (212) 701-5135, and John B. Meade, Esq., email: john.meade@davispolk.com, fax: (212) 701-5077.

 

All communications
to the Purchaser shall be sent to the Purchaser’s address as set forth on the signature page hereof, or to such e-mail address,
facsimile number (if any) or address as subsequently modified by written notice given in accordance with this Section 10(a), with
a copy to the Purchaser’s counsel at: Winston & Strawn LLP, 200 Madison Avenue, New York, NY 10166, Attn: Joel L. Rubinstein,
Esq., email: jrubinstein@winston.com, fax: (212) 294-4700.

 

(b) No Finder’s
Fees. Other than fees payable to Credit Suisse Securities (USA) LLC or Merrill Lynch, Pierce, Fenner & Smith Incorporated,
which shall be the responsibility of the Company, each party represents that it neither is nor will be obligated for any finder’s
fee or commission in connection with this transaction. The Purchaser agrees to indemnify and to hold harmless the Company from
any liability for any commission or compensation in the nature of a finder’s or broker’s fee arising out of this transaction
(and the costs and expenses of defending against such liability or asserted liability) for which the Purchaser or any of its officers,
employees or representatives is responsible. The Company agrees to indemnify and hold harmless the Purchaser from any liability
for any commission or compensation in the nature of a finder’s or broker’s fee arising out of this transaction (and
the costs and expenses of defending against such liability or asserted liability) for which the Company or any of its officers,
employees or representatives is responsible.

 

(c) Survival of Representations
and Warranties. All of the representations and warranties contained herein shall survive the Class B Share Closing and the
FPS Closing.

 

(d) Entire Agreement.
This Agreement, together with any documents, instruments and writings that are delivered pursuant hereto or referenced herein,
constitutes the entire agreement and understanding of the parties hereto in respect of its subject matter and supersedes all prior
understandings, agreements, or representations by or among the parties hereto, written or oral, to the extent they relate in any
way to the subject matter hereof or the transactions contemplated hereby.

 

(e) Successors.
All of the terms, agreements, covenants, representations, warranties, and conditions of this Agreement are binding upon, and inure
to the benefit of and are enforceable by, the parties hereto and their respective successors. Nothing in this Agreement, express
or implied, is intended to confer upon any party other than the parties hereto or their respective successors and assigns any rights,
remedies, obligations or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.

 

    19 

     

    

(f) Assignments.
Except as otherwise specifically provided herein, no party hereto may assign either this Agreement or any of its rights, interests,
or obligations hereunder without the prior written approval of the other party.

 

(g) Counterparts.
This Agreement may be executed in two or more counterparts, each of which will be deemed an original but all of which together
will constitute one and the same instrument.

 

(h) Headings.
The section headings contained in this Agreement are inserted for convenience only and will not affect in any way the meaning or
interpretation of this Agreement.

 

(i) Governing Law.
This Agreement, the entire relationship of the parties hereto, and any litigation between the parties (whether grounded in contract,
tort, statute, law or equity) shall be governed by, construed in accordance with, and interpreted pursuant to the laws of the State
of Delaware, without giving effect to its choice of laws principles.

 

(j) Jurisdiction.
The parties (i) hereby irrevocably and unconditionally submit to the jurisdiction of the state courts of New York and to the jurisdiction
of the United States District Court for the Southern District of New York for the purpose of any suit, action or other proceeding
arising out of or based upon this Agreement, (b) agree not to commence any suit, action or other proceeding arising out of or based
upon this Agreement except in state courts of New York or the United States District Court for the Southern District of New York,
and (c) hereby waive, and agree not to assert, by way of motion, as a defense, or otherwise, in any such suit, action or proceeding,
any claim that it is not subject personally to the jurisdiction of the above-named courts, that its property is exempt or immune
from attachment or execution, that the suit, action or proceeding is brought in an inconvenient forum, that the venue of the suit,
action or proceeding is improper or that this Agreement or the subject matter hereof may not be enforced in or by such court.

 

(k) Waiver of Jury
Trial. 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.

 

(l) Amendments.
This Agreement may not be amended, modified or waived as to any particular provision, except with the written consent of the Company,
the Sponsor and the Purchaser.

 

(m) Severability.
The provisions of this Agreement will be deemed severable and the invalidity or unenforceability of any provision will not affect
the validity or enforceability of the other provisions hereof; provided that if any provision of this Agreement, as applied to
any party hereto or to any circumstance, is adjudged by a governmental authority, arbitrator, or mediator not to be enforceable
in accordance with its terms, the parties hereto agree that the governmental authority, arbitrator, or mediator making such determination
will have the power to modify the provision in a manner consistent with its objectives such that it is enforceable, and/or to delete
specific words or phrases, and in its reduced form, such provision will then be enforceable and will be enforced.

 

(n) Expenses.
Each of the Company and the Purchaser will bear its own costs and expenses incurred in connection with the preparation, execution
and performance of this Agreement and the consummation of the transactions contemplated hereby, including all fees and expenses
of agents, representatives, financial advisors, legal counsel and accountants. The Company shall be responsible for the fees of
its transfer agent, stamp taxes and all of The Depository Trust Company’s fees associated with the issuance of the Securities
and the securities issuable upon conversion or exercise of the Securities.

 

(o) Construction.
The parties hereto have participated jointly in the negotiation and drafting of this Agreement. If an ambiguity or question of
intent or interpretation arises, this Agreement will be construed as if drafted jointly by the parties hereto and no presumption
or burden of proof will arise favoring or disfavoring any party hereto because of the authorship of any provision of this Agreement.
Any reference to any federal, state, local, or foreign law will be deemed also to refer to law as amended and all rules and regulations
promulgated thereunder, unless the context requires otherwise. The words “include,”

 

    20 

     

    

“includes,”
and “including” will be deemed to be followed by “without limitation.” Pronouns in masculine,
feminine, and neuter genders will be construed to include any other gender, and words in the singular form will be construed to
include the plural and vice versa, unless the context otherwise requires. The words “this Agreement,” “herein,”
“hereof,” “hereby,” “hereunder,” and words of similar import refer to
this Agreement as a whole and not to any particular subdivision unless expressly so limited. The parties hereto intend that each
representation, warranty, and covenant contained herein will have independent significance. If any party hereto has breached any
representation, warranty, or covenant contained herein in any respect, the fact that there exists another representation, warranty
or covenant relating to the same subject matter (regardless of the relative levels of specificity) which such party hereto has
not breached will not detract from or mitigate the fact that such party hereto is in breach of the first representation, warranty,
or covenant.

 

(p) Waiver. No
waiver by any party hereto of any default, misrepresentation, or breach of warranty or covenant hereunder, whether intentional
or not, may be deemed to extend to any prior or subsequent default, misrepresentation, or breach of warranty or covenant hereunder
or affect in any way any rights arising because of any prior or subsequent occurrence.

 

(q) Confidentiality.
Except as may be required by law, regulation or applicable stock exchange listing requirements, unless and until the transactions
contemplated hereby and the terms hereof are publicly announced or otherwise publicly disclosed by the Company, the parties hereto
shall keep confidential and shall not publicly disclose the existence or terms of this Agreement.

 

(r) Specific Performance.
The Purchaser agrees that irreparable damage would occur in the event that any provision of this Agreement was not performed by
the Purchaser in accordance with the specific terms hereof or was otherwise breached, and that money damages or legal remedies
would not be an adequate remedy for any such damages. Therefore, it is accordingly agreed that the Company shall be entitled to
enforce specifically the terms and provisions of this Agreement, or to enforce compliance with, the covenants and obligations of
the Purchaser, in any court of competent jurisdiction, and appropriate injunctive relief shall be granted in connection therewith.
The Company, in seeking an injunction, a decree or order of specific performance, shall not be required to provide any bond or
other security in connection therewith and any such remedy shall be in addition and not in substitution for any other remedy to
which the Company is entitled at law or in equity.

 

(s) Most Favored Nations.
The Company hereby represents and warrants that as of the date hereof, and covenants and agrees that after the date hereof, none
of the agreements with any other person for the purchase of Forward Purchase Shares includes or will include terms, rights or other
benefits that are more favorable, in any material respect, to such other person than the terms, rights and benefits in favor of
the Purchaser under this Agreement, and the Company will not waive any material obligation under the agreements with such other
person unless, in any such case, the Purchaser has been offered in writing the opportunity to concurrently receive the benefits
of all such terms, rights and benefits or waiver. The Purchaser shall notify the Company in writing, within ten (10) days after
the date it has been offered the opportunity to receive the benefit of such terms, rights, benefits or waiver, of its election
to receive any such term, right, benefit or waiver so offered.

 

[Signature page follows]

 

    21 

     

    

IN WITNESS WHEREOF,
the undersigned have executed this Agreement to be effective as of the date first set forth above.

 

	PURCHASER:	 
	Purchaser’s Name:	
 

	By:	 

 

 

 

	 	 	Address for Notices:
	 	 	 
	 	 	 
	 	 	 
	 	 	E-mail:
	By:	 	 	Fax:	 
	 	Name:	 	 	 
	 	
        Title:

         
	 	 	 
	 	 	 	 	 

 

 

 

	COMPANY:
	 
	ONE MADISON CORPORATION
	 
	By:	 
	 	Name:	Omar M. Asali
	 	Title:	Chairman and Chief Executive Officer

 

 

[To be completed by the Company]

 

	Number of Forward Purchase Shares:	 
	 	 
	Number of Forward Purchase Warrants:	 
	 	 
	Aggregate Purchase Price for Forward Purchase Securities:	$               
	  	 
	Class B Shares Purchase Amount:	 
	 	 
	Aggregate Purchase Price for Class B Shares:	$         
	 	 
	 	 
	 	 
	 	 

	SPONSOR (solely for the purposes of Section 7 hereof):
	 
	ONE MADISON GROUP LLC
	 
	By:	 
	 	Name:	Omar M. Asali
	 	Title:	Managing Member

 

[Signature
Page to Forward Purchase Agreement]

 

    22 

     

    

Exhibit A

 

Registration Rights

 

1. Within thirty (30)
days after the Business Combination Closing, the Company shall use reasonable best efforts (i) to file a registration statement
on Form S-3 for a secondary offering (including any successor registration statement covering the resale of the Registrable Securities
a “Resale Shelf”) of (x) the Class C Shares and Warrants (and underlying Class A Shares) comprising the Forward
Purchase Securities and the Class A Shares and/or Class C Shares into which the Class B Shares are convertible and the Class A
Shares into which the Class C Shares are convertible, (y) any other Class A Shares and Warrants that may be acquired by the Purchaser
after the date of this Agreement, including any time after the Business Combination Closing and (z) any other equity security of
the Company issued or issuable with respect to the securities referred to in clauses (x) and (y) by way of a stock dividend or
stock split or in connection with a combination of shares, recapitalization, merger, consolidation or reorganization (collectively,
the “Registrable Securities”) pursuant to Rule 415 under the Securities Act; provided, that if Form S-3
is unavailable for such a registration, the Company shall register the resale of the Registrable Securities on another appropriate
form and undertake to register the Registrable Securities on Form S-3 as soon as such form is available, (ii) to cause the Resale
Shelf to be declared effective under the Securities Act promptly thereafter, but in no event later than sixty (60) days thereafter,
and (iii) to maintain the effectiveness of such Resale Shelf with respect to the Purchaser’s Registrable Securities until
the earliest of (A) the date on which the Purchaser ceases to hold Registrable Securities covered by such Resale Shelf, (B) the
date all of the Purchaser’s Registrable Securities covered by the Resale Shelf can be sold publicly without restriction or
limitation under Rule 144 under the Securities Act and without the requirement to be in compliance with Rule 144(c)(1) under the
Securities Act; and provided, further, with respect to Registrable Securities acquired after the Business Combination
Closing, the Company shall only be obligated to amend the Resale Shelf or file a new registration statement that will constitute
a Resale Shelf to include such Registrable Securities on two (2) occasions, each upon the written request of Purchaser with respect
to at least 100,000 Registrable Securities.

 

2. In the event the
Company is prohibited by applicable rule, regulation or interpretation by the staff (“Staff”) of the Securities
and Exchange Commission (“SEC”) from registering all of the Registrable Securities on the Resale Shelf or the
Staff requires that the Purchaser be specifically identified as an “underwriter” in order to permit such registration
statement to become effective, and such Purchaser does not consent in writing to being so named as an underwriter in such registration
statement, the number of Registrable Securities to be registered on the Resale Shelf will be reduced on a pro rata basis among
all the holders of Registrable Securities to be so included, unless otherwise required by the Staff, so that the number of Registrable
Securities to be registered is permitted by Staff and such Purchaser is not required to be named as an “underwriter”;
provided, that any Registrable Securities not registered due to this paragraph 2 shall thereafter as soon as allowed by
the SEC guidance be registered to the extent the prohibition no longer is applicable.

 

3. If at any time the
Company proposes to file a registration statement (a “Registration Statement”) on its own behalf, or on behalf
of any other Persons who have registration rights (“Other Holders”), relating to an underwritten offering of
ordinary shares, or engage in an Underwritten Shelf Takedown off an existing registration statement (a “Company Offering”),
then the Company will provide the Purchaser and each other Forward Contract Party who purchased at least 1,000,000 Forward Purchase
Shares (collectively, the “Piggyback Holders”) with notice in writing (an “Offer Notice”)
at least five (5) Business Days prior to such filing, which Offer Notice will offer to include in the Registration Statement Purchaser’s
Registrable Securities and a minimum of 500,000 of the securities of each other Forward Contract Party which is a Piggyback Holder
that constitute “Registrable Securities” under such parties’ forward purchase agreements (collectively “Piggyback
Securities”). Within five (5) Business Days (or, in the case of an Offer Notice delivered to the Purchaser or the other
Forward Contract Parties in connection with an Underwritten Shelf Takedown, within three (3) Business Days) after receiving the
Offer Notice, the Purchaser may make a written request (a “Piggyback Request”) to the Company to include some
or all of Purchaser’s Registrable Securities in the Registration Statement. If the underwriter(s) for any Company Offering
advise the Company that marketing factors require a limitation on the number of securities that may be included in

 

    A-1

     

    

the Company Offering,
the number of securities to be so included shall be allocated as follows: (i) first, to the Company and the Other Holders, if any;
and (ii) second, to the Piggyback Holders based on the pro rata percentage of Piggyback Securities held by the Piggyback
Holders and requested to be included in the Underwritten Offering. Notwithstanding anything to the contrary in this paragraph 3,
the Company hereby agrees that it will not provide an Offer Notice to any other Forward Contract Party unless such other Forward
Contract Party agrees in writing to treat the contents of such Offer Notice as material non-public information.

 

4. At any time during
which the Company has an effective Resale Shelf with respect to the Purchaser’s Registrable Securities, the Purchaser may
make a written request (which request shall specify the intended method of disposition thereof) (a “Shelf Takedown Request”)
to the Company to effect a sale, of all or a portion of the Purchaser’s Registrable Securities that are covered by the Resale
Shelf, and the Company shall use commercially reasonable efforts to file a prospectus supplement (a “Shelf Takedown Prospectus
Supplement”) for such purpose as soon as reasonably practicable following receipt of a Shelf Takedown Request. The Purchaser
may request that any such sale be conducted as an underwritten public offering (an “Underwritten Shelf Takedown”).
The Company shall not be obligated to effect more than two Underwritten Shelf Takedowns. Purchaser acknowledges that, pursuant
to the terms and conditions of forward purchase agreements among the Company, the Sponsor and other Forward Contract Parties (such
agreements, as they relate to the rights of the Sponsor and other Forward Contract Parties set forth in paragraphs 3, 4 and 5 of
this Exhibit A, not to be amended without the Purchaser’s prior written consent), each Other Forward Contract Party who purchased
at least 1,000,000 Forward Purchase Shares and proposes to sell at least 500,000 Registrable Securities in the Underwritten Shelf
Takedown (a “Requesting Holder”) shall have the right, pursuant to a timely Piggyback Request, to include securities
that are covered by the Resale Shelf (“Requesting Holder Securities”) in the prospectus supplement relating
to any Underwritten Shelf Takedown and Purchaser agrees to cooperate with the Company and such other Forward Contract Parties in
furtherance thereof. If the underwriter(s) for any Underwritten Shelf Takedown advise the Company that marketing factors require
a limitation on the number of securities that may be included in the Underwritten Shelf Takedown, the number of securities to be
so included shall be allocated as follows: (i) first, to the Purchaser; and (ii) second, to the Requesting Holders based on the
pro rata percentage of Requesting Holder Securities held by the Requesting Holders and requested to be included in the Underwritten
Offering. It is understood that any other Forward Contract Party electing to include securities on‎
an Underwritten Shelf Takedown proposed by Purchaser shall not have the ability to withdraw such securities from such offering
without the consent of the Purchaser, it being understood that the terms of the offering may not be known at the time of such offering
and that Purchaser shall have the sole discretion to approve such terms (and such other Forward Contract Party shall not have the
right to make any determinations other than whether they wish to include their Requesting Holder Securities in the prospectus supplement).
In this regard, by electing to include securities on such offering, such other Forward Contract Party agrees to cooperate with
the Company and the Purchaser in furtherance of such offering, including entering into such customary agreements and take all such
actions (including supplying all reasonably requested information) within 48 hours of a reasonable request by the Company, underwriters
or Purchaser.

 

5. The determination
of whether any offering of Registrable Securities pursuant to the Resale Shelf or a Shelf Takedown Prospectus Supplement will be
an underwritten offering shall be made in the sole discretion of the Purchaser, after consultation with the Company, and the Purchaser
shall have the right, after consultation with the Company, to determine the plan of distribution, including the price at which
the Registrable Securities are to be sold and the underwriting commissions, discounts and fees (and the Requesting Holders shall
not have the right to make any determinations other than whether they wish to include their Requesting Holder Securities in the
prospectus supplement). The Purchaser shall select the investment banker or bankers and managers to administer the offering, including
the lead managing underwriter (provided that such investment banker or bankers and managers shall be reasonably satisfactory to
the Company).

 

6. In connection with
any underwritten offering, the Company shall enter into such customary agreements and take all such other actions in connection
therewith (including those requested by the Purchaser) in order to facilitate the disposition of such Registrable Securities as
are reasonably necessary or

 

    A-2

     

    

required, and in such
connection enter into a customary underwriting agreement that provides for customary opinions, comfort letters and officer’s
certificates and other customary deliverables.

 

7. The Company shall
pay all fees and expenses incident to the performance of or compliance with its obligation to prepare, file and maintain the Resale
Shelf (including the fees of its counsel and accountants). The Company shall also pay all Registration Expenses. For purposes of
this paragraph 6, “Registration Expenses” shall mean the out-of-pocket expenses of a Company Offering or an
Underwritten Shelf Takedown, including, without limitation, the following: (i) all registration and filing fees (including fees
with respect to filings required to be made with FINRA) and any securities exchange on which the Registrable Securities are then
listed; (ii) fees and expenses of compliance with securities or blue sky laws (including reasonable fees and disbursements of one
counsel to the underwriters in connection with blue sky qualifications of the Registrable Securities); (iii) printing, messenger,
telephone and delivery expenses; (iv) reasonable fees and disbursements of counsel for the Company; (v) reasonable fees and disbursements
of all independent registered public accountants of the Company incurred specifically in connection with such Underwritten Shelf
Takedown; and (vi) reasonable fees and expenses of one legal counsel selected by the Purchaser; provided, that it is understood
and agreed that the Company shall to be responsible for any underwriting fees, discounts, selling commissions, underwriter expenses
and stock transfer taxes relating to the registration and sale of the Purchaser’s Registrable Securities.

 

8. The Company may
suspend the use of a prospectus included in the Resale Shelf by furnishing to the Purchaser a written notice (“Suspension
Notice”) stating that in the good faith judgment of the Company, it would be either (i) prohibited by the Company’s
insider trading policy (as if the Purchaser were covered by such policy) or (ii) materially detrimental to the Company and its
stockholders for such prospectus to be used at such time. The Company’s right to suspend the use of such prospectus under
clause (ii) of the preceding sentence may be exercised for a period of not more than sixty (60) days after the date of such notice
to the Purchaser; provided such period may be extended for an additional thirty (30) days with the consent of a majority-in-interest
of the holders of Registrable Securities covered by the Resale Shelf; provided further, that such right to suspend the use of a
prospectus shall be exercised by the Company not more than once in any twelve (12) month period. A holder of Registrable Securities
shall not effect any sales of Registrable Securities pursuant to the Resale Shelf at any time after it has received a Suspension
Notice from the Company and prior to receipt of an End of Suspension Notice (as defined below). The holders may recommence effecting
sales of the Registrable Securities pursuant to the Resale Shelf following further written notice to such effect (an “End
of Suspension Notice”) from the Company to the holders. The Company shall act in good faith to permit any suspension
period contemplated by this paragraph to be concluded as promptly as reasonably practicable.

 

9. The Purchaser agrees
that, except as required by applicable law, the Purchaser shall treat as confidential the receipt of any Suspension Notice (provided
that in no event shall such notice contain any material nonpublic information of the Company) hereunder and shall not disclose
or use the information contained in such Suspension Notice without the prior written consent of the Company until such time as
the information contained therein is or becomes public, other than as a result of disclosure by a holder of Registrable Securities
in breach of the terms of this Agreement.

 

10. The Company shall
indemnify and hold harmless the Purchaser, its directors and officers, partners, members, managers, employees, agents, and representatives
of such Purchaser and each person, if any, who controls the Purchaser within the meaning of the Securities Act and the Securities
Exchange Act of 1934, as amended, and any agent thereof (collectively, “Indemnified Persons”), to the fullest
extent permitted by applicable law, from and against any losses, claims, damages, liabilities, joint or several, costs (including
reasonable costs of preparation and reasonable attorneys’ fees) and expenses, judgments, fines, penalties, interest, settlements
or other amounts arising from any and all claims, demands, actions, suits or proceedings, whether civil, criminal, administrative
or investigative, in which any Indemnified Person may be involved, or is threatened to be involved, as a party or otherwise, under
the Securities Act or otherwise (collectively, “Losses”), promptly as incurred, arising out of, based upon or
resulting from any untrue statement or alleged untrue statement of any material fact contained in the Resale Shelf (or any amendment
or supplement thereto), the related prospectus, or any amendment or supplement thereto, or arise out of, are based upon or resulting
from the omission or alleged omission to state therein a material fact required to be

 

    A-3

     

    

stated therein or necessary
to make the statements therein, in light of the circumstances in which they were made, not misleading; provided, however, that
the Company shall not be liable in any such case or to any Indemnified Person to the extent that any such Loss arises out of, is
based upon or results from an untrue statement or alleged untrue statement or omission or alleged omission or so made in reliance
upon or in conformity with information furnished by or on behalf of such Indemnified Person in writing specifically for use in
the preparation of the Resale Shelf, the related prospectus, or any amendment or supplement thereto. Such indemnity shall remain
in full force and effect regardless of any investigation made by or on behalf of such Indemnified Person, and shall survive the
transfer of such securities by the Purchaser.

 

11. The Company’s
obligation under paragraph (1) of this Exhibit A is subject to the Purchaser’s furnishing to the Company in writing such
information as the Company reasonably requests for use in connection with the Resale Shelf, the related prospectus, or any amendment
or supplement thereto. The Purchaser shall indemnify the Company, its officers, directors, managers, employees, agents and representatives,
and each person who controls the Company (within the meaning of the Securities Act) against any losses, claims, damages, liabilities
and expenses resulting from any untrue statement or alleged untrue statement of material fact contained in the Resale Shelf, the
related prospectus, or any amendment 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 not misleading, but only to the extent that such untrue statement or
omission is contained in any information so furnished in writing by such Purchaser expressly for inclusion in such document; provided
that the obligation to indemnify shall be individual, not joint and several, for each Purchaser and shall be limited to the net
amount of proceeds received by such Purchaser from the sale of Registrable Securities pursuant to the Resale Shelf.

 

12. The Company shall
cooperate with the Purchaser, to the extent the Registrable Securities become freely tradable, to facilitate the timely preparation
and delivery of certificates (not bearing any restrictive legend) representing the Registrable Securities to be offered pursuant
to a Resale Shelf and enable such certificates to be in such denominations or amounts, as the case may be, as the Purchaser may
reasonably request and registered in such names as the Purchaser may request.

 

13. If requested by
the Purchaser, the Company shall as soon as practicable, subject to any Suspension Notice, (i) incorporate in a prospectus supplement
or post-effective amendment such information as the Purchaser reasonably requests to be included therein relating to the sale and
distribution of Registrable Securities, including, without limitation, information with respect to the number of Registrable Securities
being offered or sold, the purchase price being paid therefor and any other terms of the offering of the Registrable Securities
to be sold in such offering; (ii) make all required filings of such prospectus supplement or post-effective amendment after being
notified of the matters to be incorporated in such prospectus supplement or post-effective amendment; and (iii) supplement or make
amendments to any Registration Statement if reasonably requested by the Purchaser holding any Registrable Securities.

 

14. As long as the
Purchaser shall own Registrable Securities, the Company, at all times while it shall be reporting under the Securities Exchange
Act of 1934, as amended, 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 Securities
Exchange Act of 1934, as amended, and to promptly furnish the Purchaser with true and complete copies of all such filings, unless
filed through the SEC’s EDGAR system. The Company further covenants that it shall take such further action as the Purchaser
may reasonably request, all to the extent required from time to time, to enable the Purchaser to sell the Class A Shares and Warrants
held by the Purchaser without registration under the Securities Act within the limitation of the exemptions provided by Rule 144
promulgated under the Securities Act, including providing any legal opinions. Upon the request of the Purchaser, the Company shall
deliver to the Purchaser a written certification of a duly authorized officer as to whether it has complied with such requirements.

 

15. The rights, duties
and obligations of the Purchaser under this Exhibit A may be assigned or delegated by the Purchaser in conjunction with and to
the extent of any transfer or assignment of Registrable Securities by the Purchaser to any transferee or assignee.

 

    A-4

     

    

Exhibit B

 

Class B Shares Purchase Amount =
Product of (A) Total Class B Shares Purchase Amount multiplied by (B) Purchaser’s Forward Purchase Percentage.

 

Purchaser’s Forward Purchase Percentage
= Quotient of (A) Number of Purchaser’s Forward Purchase Shares that the Company has agreed to sell to the Purchaser, as
indicated on the signature page hereto, divided by (B) 15,000,000.

 

Total Class B Shares Purchase Amount
= 3,750,000.

 

    B-1

     

    

Exhibit C

 

Charter of the Company

 

THE COMPANIES LAW (2016
REVISION)

 

OF THE CAYMAN ISLANDS

 

COMPANY LIMITED BY SHARES

 

 

 

 

AMENDED AND RESTATED

 

MEMORANDUM AND ARTICLES
OF ASSOCIATION

 

OF

 

 

 

 

ONE MADISON CORPORATION

 

(ADOPTED BY SPECIAL
RESOLUTION DATED [ ] 2017)

 

    D-1

     

    

THE COMPANIES LAW
(2016 REVISION)

 

OF THE CAYMAN ISLANDS

 

COMPANY LIMITED BY
SHARES

 

 

AMENDED AND RESTATED

 

MEMORANDUM OF ASSOCIATION

 

OF

 

ONE MADISON CORPORATION

 

(ADOPTED BY SPECIAL
RESOLUTION DATED [ ] 2017)

 

		1	The name of the Company is One Madison Corporation

 

		2	The Registered Office of the Company shall be at the offices of Maples Corporate Services Limited,
PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands, or at such other place within the Cayman Islands as the Directors
may decide.

 

		3	The objects for which the Company is established are unrestricted and the Company shall have full
power and authority to carry out any object not prohibited by the laws of the Cayman Islands.

 

		4	The liability of each Member is limited to the amount unpaid on such Member's shares.

 

		5	The share capital of the Company is US$[ ] divided into 200,000,000 Class A ordinary shares of
a par value of US$0.0001 each, 25,000,000 Class B ordinary shares of a par value of US$0.0001 each, [amount] Class
C ordinary shares of a par value of US$0.0001 each and 1,000,000 preference shares of a par value of US$0.0001 each.

 

		6	The Company has power to register by way of continuation as a body corporate limited by shares
under the laws of any jurisdiction outside the Cayman Islands and to be deregistered in the Cayman Islands.

 

		7	Capitalised terms that are not defined in this Memorandum of Association bear the respective meanings
given to them in the Articles of Association of the Company.

 

    D-2

     

    

THE COMPANIES LAW
(2016 REVISION)

 

OF THE CAYMAN ISLANDS

 

COMPANY LIMITED BY
SHARES

 

 

AMENDED AND RESTATED

 

ARTICLES OF ASSOCIATION

 

OF

 

ONE MADISON CORPORATION

 

(ADOPTED BY SPECIAL
RESOLUTION DATED [ ] 2017)

 

		1	Interpretation

 

		1.1	In the Articles Table A in the First Schedule to the Statute does not apply and, unless there is
something in the subject or context inconsistent therewith:

 

	 	"Articles"	means these articles of association of the Company.
	 	"Audit Committee"	means the audit committee of the Company formed pursuant to Article 41.2 hereof, or any successor audit committee.
	 	"Auditor"	means the person for the time being performing the duties of auditor of the Company (if any).
	 	"Business Combination"	means a merger, share exchange, asset acquisition, share purchase, reorganisation or similar business combination, with one or more businesses or entities (the “target business”), which Business Combination: (i) must occur with one or more target businesses that together have an aggregate fair market value of at least 80% of the assets held in the Trust Fund (as defined in the below paragraph) (excluding the deferred underwriting commissions and taxes payable on the income earned on the Trust Fund) at the time of the agreement to enter into the Business Combination; and (ii) must not be effectuated with another blank check company or a similar company with nominal operations.
	 	"business day"	means any day other than a Saturday, a Sunday or a legal holiday or a day on which banking institutions or trust companies are authorised or obligated by law to close in New York City.
	 	"Class A Share"	means a Class A ordinary share of a par value of US$0.0001 in the share capital of the Company.
	 	"Class B Share"	means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.
	 	"Class C Share"	means a Class C ordinary share of a par value of US$0.0001 in the share capital of the Company.

    D-3

     

    

	 	"Company"	means the above named company.
	 	"Designated Stock Exchange"	means any national securities exchange in the United States on which Shares are listed for trading, including the NASDAQ Stock Market LLC, the NYSE MKT LLC, The New York Stock Exchange LLC or any OTC market.
	 	"Directors"	means the directors for the time being of the Company.
	 	"Dividend"	means any dividend (whether interim or final) resolved to be paid on Shares pursuant to the Articles.
	 	"Electronic Record"	has the same meaning as in the Electronic Transactions Law.
	 	"Electronic Transactions Law"	means the Electronic Transactions Law (2003 Revision) of the Cayman Islands.
	 	"Exchange Act"	means the United States Securities Exchange Act of 1934, as amended.
	 	"Founders"	means the Sponsor and all Members immediately prior to the consummation of the IPO.
	 	“Forward Purchase Agreements”	means forward purchase agreements entered into among the Company, the Sponsor and certain investors prior to the IPO.
	 	“Forward Purchase Shares”	means Class A Shares and/or Class C Shares issued pursuant to Forward Purchase Agreements.
	 	“Forward Purchase Warrants”	means warrants issued pursuant to Forward Purchase Agreements 
	 	"IPO"	means the Company's initial public offering of securities.
	 	"IPO Redemption"	has the meaning given to it in Article 49.3.
	 	"Member"	has the same meaning as in the Statute.
	 	"Memorandum"	means the memorandum of association of the Company.
	 	"Ordinary Resolution"	means a resolution passed by a simple majority of the Members as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general meeting, and includes a unanimous written resolution. In computing the majority when a poll is demanded regard shall be had to the number of votes to which each Member is entitled by the Articles.
	 	"Over-Allotment Option"	means the option of the Underwriters to purchase up to an additional 15% of the units (as described at Article 3.3) sold in the IPO at a price equal to US$10.00 per unit, less underwriting discounts and commissions.
	 	"Preference Share"	means a preference share of a par value of US$0.0001 in the share capital of the Company.
	 	"Public Shares"	means Class A Shares issued as part of the units sold in the IPO.
	 	"Register of Members"	means the register of Members maintained in accordance with the Statute and includes (except where otherwise stated) any branch or duplicate register of Members.
	 	"Registered Office"	means the registered office for the time being of the Company.
	 	"Redemption Price"	has the meaning given to it in Article 49.3.

    D-4

     

    

	 	"Seal"	means the common seal of the Company and includes every duplicate seal.
	 	"SEC"	means the United States Securities and Exchange Commission.
	 	"Share"	means a Class A Share, a Class B Share, a Class C Share or a Preference Share and includes a fraction of a share in the Company.
	 	"Special Resolution"	subject to Article 29.4, has the same meaning as in the Statute, and includes a unanimous written resolution.
	 	"Sponsor"	means One Madison Group, LLC, a Delaware limited liability company.
	 	"Statute"	means the Companies Law (2016 Revision) of the Cayman Islands.
	 	"Subscriber"	means the subscriber to the Memorandum.
	 	"Treasury Share"	means a Share held in the name of the Company as a treasury share in accordance with the Statute.
	 	"Trust Fund"	means the trust account established by the Company upon the consummation of its IPO and into which a certain amount of the net proceeds of the IPO, together with the proceeds of the private placement of the warrants (the "Private Placement Warrants") simultaneously with the closing date of the IPO, will be deposited.
	 	"Underwriters"	means the underwriters of the IPO.

 

		1.2	In the Articles:

 

		(a)	words importing the singular number include the plural number and vice versa;

 

		(b)	words importing the masculine gender include the feminine gender;

 

		(c)	words importing persons include corporations as well as any other legal or natural person;

 

		(d)	"written" and "in writing" include all modes of representing or reproducing
words in visible form, including in the form of an Electronic Record;

 

		(e)	"shall" shall be construed as imperative and "may" shall be construed as permissive;

 

		(f)	references to provisions of any law or regulation shall be construed as references to those provisions
as amended, modified, re-enacted or replaced;

 

		(g)	any phrase introduced by the terms "including", "include", "in particular"
or any similar expression shall be construed as illustrative and shall not limit the sense of the words preceding those terms;

 

    D-5

     

    

		(h)	the term "and/or" is used herein to mean both "and" as well as "or."
The use of "and/or" in certain contexts in no respects qualifies or modifies the use of the terms "and" or
"or" in others. The term "or" shall not be interpreted to be exclusive and the term "and" shall not
be interpreted to require the conjunctive (in each case, unless the context otherwise requires);

 

		(i)	headings are inserted for reference only and shall be ignored in construing the Articles;

 

		(j)	any requirements as to delivery under the Articles include delivery in the form of an Electronic
Record;

 

		(k)	any requirements as to execution or signature under the Articles including the execution of the
Articles themselves can be satisfied in the form of an electronic signature as defined in the Electronic Transactions Law;

 

		(l)	sections 8 and 19(3) of the Electronic Transactions Law shall not apply;

 

		(m)	the term "clear days" in relation to the period of a notice means that period excluding
the day when the notice is received or deemed to be received and the day for which it is given or on which it is to take effect;
and

 

		(n)	the term "holder" in relation to a Share means a person whose name is entered in the
Register of Members as the holder of such Share.

 

		2	Commencement of Business

 

		2.1	The business of the Company may be commenced as soon after incorporation of the Company as the
Directors shall see fit.

 

		2.2	The Directors may pay, out of the capital or any other monies of the Company, all expenses incurred
in or about the formation and establishment of the Company, including the expenses of registration.

 

		3	Issue of Shares

 

		3.1	Subject to the provisions, if any, in the Memorandum (and to any direction that may be given by
the Company in general meeting) and, where applicable, the rules of the Designated Stock Exchange and/or any competent regulatory
authority, and without prejudice to any rights attached to any existing Shares, the Directors may allot, issue, grant options over
or otherwise dispose of Shares with or without preferred, deferred or other rights or restrictions, whether in regard to Dividend
or other distribution, voting, return of capital or otherwise and to such persons, at such times and on such other terms as they
think proper, and may also (subject to the Statute and the Articles) vary such rights, save that the Directors shall not allot,
issue, grant options over or otherwise dispose of Shares to the extent that it may affect the ability of the Company to carry out
a Class B Share Conversion described at Article 4.

 

		3.2	The Company may issue rights, options, warrants or convertible securities or securities of similar
nature conferring the right upon the holders thereof to subscribe for, purchase or receive any class of Shares or other securities
in the Company on such terms as the Directors may from time to time determine.

 

    D-6

     

    

		3.3	The Company may issue units of securities in the Company, which may be comprised of whole or fractional
Shares, rights, options, warrants or convertible securities or securities of similar nature conferring the right upon the holders
thereof to subscribe for, purchase or receive any class of Shares or other securities in the Company, upon such terms as the Directors
may from time to time determine.

 

		3.4	Notwithstanding the foregoing, the Subscriber shall have the power to:

 

		(a)	issue one Share to itself;

 

		(b)	transfer that Share by an instrument of transfer to any person; and

 

		(c)	update the Register of Members in respect of the issue and transfer of that Share.

 

		3.5	The Company shall not issue Shares to bearer.

 

		4	Rights Attaching to Shares

 

		4.1	The rights attaching to all Shares shall rank pari passu in all respects, and the Class
A Shares and Class B Shares shall vote together as a single class on all matters (subject to Article 11), with the exceptions that:

 

		(a)	the holder of a Class B Share shall have the Conversion Rights referred to in Article 4.2; and

 

		(b)	the holder of a Class C Share shall have the Conversion Rights referred to in Article 4.3; and

 

		(c)	the holder of a Class C Share shall not (in respect of such Class C Share) have the right to receive
notice of, attend at or vote as a Member at any general meeting of the Company, but may vote at a separate class meeting convened
in accordance with the Articles (provided, that the consent of the Directors shall also be required for any alteration of
the rights attaching to the Class C Shares).

 

		4.2	Conversion Rights of Class B Shares. On the first business day following the consummation
of the Company's initial Business Combination, the issued Class B Shares shall automatically be converted into such number of Class
A Shares (or Class C Shares, following a Class C Election as described below) (the “Class B Conversion”) as
is equal to 25% of the sum of:

 

		(a)	the total number of Class A Shares issued in the IPO (including pursuant to the Over-Allotment
Option), plus

 

		(b)	the sum of (i) the total number of Class A Shares and Class C Shares issued or deemed issued, or
issuable upon the conversion or exercise of any equity-linked securities or rights issued or deemed issued, by the Company in connection
with or in relation to the consummation of the initial Business Combination (including Forward Purchase Shares, but not Forward
Purchase Warrants), excluding any Class A Shares and/or Class C Shares or equity-linked securities exercisable for or convertible
into Class A Shares issued, or to be issued, to any seller in the initial Business Combination and any Private

 

    D-7

     

    

Placement Warrants
issued to the Sponsor upon conversion of loans to the Company that may be made by Omar M. Asali or his affiliate, at his option,
minus (ii) the total number of Public Shares repurchased pursuant to the IPO Redemption.

 

References
in this Article 4.2 to "converted", "conversion" or "exchange" shall mean the
compulsory redemption without notice of Class B Shares of any Member and, on behalf of such Members, automatic application of such
redemption proceeds in paying for such new Class A Shares (or Class C Shares, following a Class C Election as described
below) into which the Class B Shares have been converted or exchanged at a price per Class B Share
necessary to give effect to a conversion or exchange calculated on the basis that the Class A Shares (or Class C Shares, following
a Class C Election as described below) to be issued as part of the conversion or exchange will be
issued at par. The Class A Shares (or Class C Shares, following a Class C Election as described below)
to be issued on an exchange or conversion shall be registered in the name of such Member or in such name as the Member may direct.

 

Notwithstanding
anything to the contrary contained herein, in no event shall the Class B Shares convert into Class A Shares (or Class C Shares,
following a Class C Election as described below) at a ratio that is less than one-for-one.

 

Each
Class B Share shall convert into its pro rata number of Class A Shares and Class C Shares, if any, as set forth in this Article
4.2. The pro rata share for each holder of Class B Shares will be determined as follows: Each Class B Share shall convert into
such number of Class A Shares (or Class C Shares, following a Class C Election as described below)
as is equal to the product of 1 multiplied by a fraction, the numerator of which shall be the total number of Class A Shares (and
Class C Shares, following a Class C Election as described below) into which all of the issued
Class B Shares shall be converted pursuant to this Article and the denominator of which shall be the total number of issued Class
B Shares at the time of conversion.

 

As used in this Article 4.2, the
term “Class C Election” means the election by any beneficial owner or holder of Class B Shares to have its Class
B Shares automatically converted into Class C Shares in the Class B Conversion in accordance with this Article 4.2, provided
that such holder or beneficial owner shall have provided written notice to the Company of such election any time prior to the vote
of holders of Class A Shares and Class B Shares to approve a Business Combination and in any event no later than promptly following
such vote.

 

		4.3	Conversion Rights of Class C Shares. Following the consummation of the Company's initial
Business Combination, each issued Class C Share shall be converted into one Class A Share, subject to any necessary adjustments
for any share splits, capitalisations, consolidations or similar transactions occurring in respect of the Class A Shares or the
Class C Shares (a, "Class C Share Conversion"):

 

		(a)	on the 65th calendar day (or such other period as the Company and the registered holder
may otherwise agree) following receipt by the Company of notice in writing from the registered holder of such Class C Share to
convert such Class C Share (an “Elective Class C Conversion”); or

 

		(b)	automatically upon the transfer by the registered holder of such Class C Share, whether or not
for value, to a third party, except for transfers to a

 

    D-8

     

    

nominee or “affiliate”
(as such term is defined in Rule 12b-2 under the Exchange Act) of such holder in a transfer that will not result in a change of
“beneficial ownership” (as determined under Rule 13d-3 under the Exchange Act) or to a person that already holds Class
A Shares.

 

References in this Article 4.3
to "converted", "conversion" or "exchange" shall mean the redemption of Class
C Shares of any Member and, on behalf of such Members, automatic application of such redemption proceeds in paying for such new
Class A Shares into which the Class C Shares have been converted or exchanged at a price per Class C Share necessary to give effect
to a conversion or exchange calculated on the basis that the Class A Shares to be issued as part of the conversion or exchange
will be issued at par. The Class A Shares to be issued on an exchange or conversion shall be registered in the name of such Member
or in such name as the Member may direct.

 

Any amendment to this Article
4.3 shall only be made pursuant to a Special Resolution as specified under Article 18.3 as well as approval by a majority of the
Directors pursuant to the procedures set forth in Article 31.

 

		4.4	Reservation of Shares. The Directors shall not allot
or issue Class A Shares such that the number of authorised but unissued Class A Shares would at any time be insufficient to permit
the conversion of all Class B Shares and Class C Shares from time to time issued into Class A Shares.

 

		5	Register of Members

 

		5.1	The Company shall maintain or cause to be maintained the Register of Members in accordance with
the Statute.

 

		5.2	The Directors may determine that the Company shall maintain one or more branch registers of Members
in accordance with the Statute. The Directors may also determine which register of Members shall constitute the principal register
and which shall constitute the branch register or registers, and to vary such determination from time to time.

 

		6	Closing Register of Members or Fixing Record Date

 

		6.1	For the purpose of determining Members entitled to notice of, or to vote at any meeting of Members
or any adjournment thereof, or Members entitled to receive payment of any Dividend or other distribution, or in order to make a
determination of Members for any other purpose, the Directors may, after any applicable notice has been given by advertisement
in an appointed newspaper or any other newspaper or by any other means in accordance with the requirements of the Designated Stock
Exchange, provide that the Register of Members shall be closed for transfers for a stated period which shall not in any case exceed
forty days.

 

		6.2	In lieu of, or apart from, closing the Register of Members, the Directors may fix in advance or
arrears a date as the record date for any such determination of Members entitled to notice of, or to vote at any meeting of the
Members or any adjournment thereof, or for the purpose of determining the Members entitled to receive payment of any Dividend or
other distribution, or in order to make a determination of Members for any other purpose.

 

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		6.3	If the Register of Members is not so closed and no record date is fixed for the determination of
Members entitled to notice of, or to vote at, a meeting of Members or Members entitled to receive payment of a Dividend or other
distribution, the date on which notice of the meeting is sent or the date on which the resolution of the Directors resolving to
pay such Dividend or other distribution is passed, as the case may be, shall be the record date for such determination of Members.
When a determination of Members entitled to vote at any meeting of Members has been made as provided in this Article, such determination
shall apply to any adjournment thereof.

 

		7	Certificates for Shares

 

		7.1	A Member shall only be entitled to a share certificate if the Directors resolve that share certificates
shall be issued. Share certificates representing Shares, if any, shall be in such form as the Directors may determine. Share certificates
shall be signed by one or more Directors or other person authorised by the Directors. The Directors may authorise certificates
to be issued with the authorised signature(s) affixed by mechanical process. All certificates for Shares shall be consecutively
numbered or otherwise identified and shall specify the Shares to which they relate. All certificates surrendered to the Company
for transfer shall be cancelled and subject to the Articles no new certificate shall be issued until the former certificate representing
a like number of relevant Shares shall have been surrendered and cancelled.

 

		7.2	The Company shall not be bound to issue more than one certificate for Shares held jointly by more
than one person and delivery of a certificate to one joint holder shall be a sufficient delivery to all of them.

 

		7.3	If a share certificate is defaced, worn out, lost or destroyed, it may be renewed on such terms
(if any) as to evidence and indemnity and on the payment of such expenses reasonably incurred by the Company in investigating evidence,
as the Directors may prescribe, and (in the case of defacement or wearing out) upon delivery of the old certificate.

 

		7.4	Every share certificate sent in accordance with the Articles will be sent at the risk of the Member
or other person entitled to the certificate. The Company will not be responsible for any share certificate lost or delayed in the
course of delivery.

 

		7.5	Share certificates shall be issued within the relevant time limit as prescribed by the Statute,
if applicable, or as the Designated Stock Exchange may from time to time determine, whichever is shorter, after the allotment or,
except in the case of a Share transfer which the Company is for the time being entitled to refuse to register and does not register,
after lodgement of a Share transfer with the Company.

 

		8	Transfer of Shares

 

		8.1	Subject to the terms of the Articles, any Member may transfer all or any of his Shares by an instrument
of transfer provided that such transfer complies with applicable rules of the SEC and federal and state securities laws of the
United States. If the Shares in question were issued in conjunction with rights, options or warrants issued pursuant to Article
3 on terms that one cannot be transferred without the other, the Directors shall refuse to register the transfer of any such Share
without evidence satisfactory to them of the like transfer of such option or warrant.

 

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		8.2	The instrument of transfer of any Share shall be in writing in the usual or common form or in a
form prescribed by the Designated Stock Exchange or in any other form approved by the Directors and shall be executed by or on
behalf of the transferor (and if the Directors so require, signed by or on behalf of the transferee) and may be under hand or,
if the transferor or transferee is a clearing house or its nominee(s), by hand or by machine imprinted signature or by such other
manner of execution as the Directors may approve from time to time. The transferor shall be deemed to remain the holder of a Share
until the name of the transferee is entered in the Register of Members.

 

		9	Redemption, Repurchase and Surrender of Shares

 

		9.1	Subject to the provisions of the Statute, and, where applicable, the rules of the Designated Stock
Exchange and/or any competent regulatory authority, the Company may issue Shares that are to be redeemed or are liable to be redeemed
at the option of the Member or the Company. The redemption of such Shares, except Public Shares, shall be effected in such manner
and upon such other terms as the Company may, by Special Resolution, determine before the issue of such Shares. With respect to
repurchasing or redeeming shares of the Company:

 

		(a)	Members who hold Public Shares are entitled to request the redemption of such Shares in the circumstances
described in Article 49.3;

 

		(b)	Class B Shares held by the Sponsor shall be surrendered by the Sponsor for no consideration to
the extent that the Over-Allotment Option is not exercised in full so that the Sponsor will own 20% of the sum of the number of
issued Public Shares after the IPO and the number of Class B Shares held by the Sponsor following such surrender; and

 

		(c)	Public Shares shall be repurchased by way of tender offer in the circumstances set out in Article
49.2(b).

 

		9.2	Subject to the provisions of the Statute, and, where applicable, the rules of the Designated Stock
Exchange and/or any competent regulatory authority, the Company may purchase its own Shares (including any redeemable Shares) in
such manner and on such other terms as the Directors may agree with the relevant Member. For the avoidance of doubt, repurchases
or redemptions of Shares in the circumstances described at Articles 8.1(a), 8.1(b) and 8.1(c) above shall not require further approval
of the Members.

 

		9.3	The Company may make a payment in respect of the redemption or purchase of its own Shares in any
manner permitted by the Statute, including out of capital.

 

		9.4	The Directors may accept the surrender for no consideration of any fully paid Share.

 

		10	Treasury Shares

 

		10.1	The Directors may, prior to the purchase, redemption or surrender of any Share, determine that
such Share shall be held as a Treasury Share.

 

		10.2	The Directors may determine to cancel a Treasury Share or transfer a Treasury Share on such terms
as they think proper (including, without limitation, for nil consideration).

 

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		11	Variation of Rights of Shares

 

		11.1	If at any time the share capital of the Company is divided into different classes of Shares, all
or any of the rights attached to any class (unless otherwise provided by the terms of issue of the Shares of that class) may, whether
or not the Company is being wound up, be varied without the consent of the holders of the issued Shares of that class where such
variation is considered by the Directors not to have a material adverse effect upon such rights; otherwise, any such variation
shall be made only with the consent in writing of the holders of not less than two thirds of the issued Shares of that class, or
with the sanction of a resolution passed by a majority of not less than two thirds of the votes cast at a separate meeting of the
holders of the Shares of that class. For the avoidance of doubt, the Directors reserve the right, notwithstanding that any such
variation may not have a material adverse effect, to obtain consent from the holders of Shares of the relevant class. To any such
meeting all the provisions of the Articles relating to general meetings shall apply mutatis mutandis, except that the necessary
quorum shall be one person holding or representing by proxy at least fifty per cent of the issued Shares of the class and that
any holder of Shares of the class present in person or by proxy may demand a poll.

 

		11.2	For the purposes of a separate class meeting, the Directors may treat two or more or all the classes
of Shares as forming one class of Shares if the Directors consider that such class of Shares would be affected in the same way
by the proposals under consideration, but in any other case shall treat them as separate classes of Shares.

 

		11.3	The rights conferred upon the holders of the Shares of any class issued with preferred or other
rights shall not, unless otherwise expressly provided by the terms of issue of the Shares of that class, be deemed to be varied
by the creation or issue of further Shares ranking pari passu therewith.

 

		12	Commission on Sale of Shares

 

The Company may, in so far as
the Statute permits, pay a commission to any person in consideration of his subscribing or agreeing to subscribe (whether absolutely
or conditionally) or procuring or agreeing to procure subscriptions (whether absolutely or conditionally) for any Shares. Such
commissions may be satisfied by the payment of cash and/or the issue of fully or partly paid-up Shares. The Company may also on
any issue of Shares pay such brokerage as may be lawful.

 

		13	Non Recognition of Trusts

 

The Company shall not be bound
by or compelled to recognise in any way (even when notified) any equitable, contingent, future or partial interest in any Share,
or (except only as is otherwise provided by the Articles or the Statute) any other rights in respect of any Share other than an
absolute right to the entirety thereof in the holder.

 

		14	Lien on Shares

 

		14.1	The Company shall have a first and paramount lien on all Shares (whether fully paid-up or not)
registered in the name of a Member (whether solely or jointly with others) for all debts, liabilities or engagements to or with
the Company (whether presently payable or not) by such Member or his estate, either alone or jointly with any other person, whether
a Member or not, but the Directors may at any time declare any Share to be wholly or in part exempt from the provisions of this
Article. The

 

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registration
of a transfer of any such Share shall operate as a waiver of the Company's lien thereon. The Company's lien on a Share shall also
extend to any amount payable in respect of that Share.

 

		14.2	The Company may sell, in such manner as the Directors think fit, any Shares on which the Company
has a lien, if a sum in respect of which the lien exists is presently payable, and is not paid within fourteen clear days after
notice has been received or deemed to have been received by the holder of the Shares, or to the person entitled to it in consequence
of the death or bankruptcy of the holder, demanding payment and stating that if the notice is not complied with the Shares may
be sold.

 

		14.3	To give effect to any such sale the Directors may authorise any person to execute an instrument
of transfer of the Shares sold to, or in accordance with the directions of, the purchaser. The purchaser or his nominee shall be
registered as the holder of the Shares comprised in any such transfer, and he shall not be bound to see to the application of the
purchase money, nor shall his title to the Shares be affected by any irregularity or invalidity in the sale or the exercise of
the Company's power of sale under the Articles.

 

		14.4	The net proceeds of such sale after payment of costs, shall be applied in payment of such part
of the amount in respect of which the lien exists as is presently payable and any balance shall (subject to a like lien for sums
not presently payable as existed upon the Shares before the sale) be paid to the person entitled to the Shares at the date of the
sale.

 

		15	Call on Shares

 

		15.1	Subject to the terms of the allotment and issue of any Shares, the Directors may make calls upon
the Members in respect of any monies unpaid on their Shares (whether in respect of par value or premium), and each Member shall
(subject to receiving at least fourteen clear days' notice specifying the time or times of payment) pay to the Company at the time
or times so specified the amount called on the Shares. A call may be revoked or postponed, in whole or in part, as the Directors
may determine. A call may be required to be paid by instalments. A person upon whom a call is made shall remain liable for calls
made upon him notwithstanding the subsequent transfer of the Shares in respect of which the call was made.

 

		15.2	A call shall be deemed to have been made at the time when the resolution of the Directors authorising
such call was passed.

 

		15.3	The joint holders of a Share shall be jointly and severally liable to pay all calls in respect
thereof.

 

		15.4	If a call remains unpaid after it has become due and payable, the person from whom it is due shall
pay interest on the amount unpaid from the day it became due and payable until it is paid at such rate as the Directors may determine
(and in addition all expenses that have been incurred by the Company by reason of such non-payment), but the Directors may waive
payment of the interest or expenses wholly or in part.

 

		15.5	An amount payable in respect of a Share on issue or allotment or at any fixed date, whether on
account of the par value of the Share or premium or otherwise, shall be deemed to be a call and if it is not paid all the provisions
of the Articles shall apply as if that amount had become due and payable by virtue of a call.

 

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		15.6	The Directors may issue Shares with different terms as to the amount and times of payment of calls,
or the interest to be paid.

 

		15.7	The Directors may, if they think fit, receive an amount from any Member willing to advance all
or any part of the monies uncalled and unpaid upon any Shares held by him, and may (until the amount would otherwise become payable)
pay interest at such rate as may be agreed upon between the Directors and the Member paying such amount in advance.

 

		15.8	No such amount paid in advance of calls shall entitle the Member paying such amount to any portion
of a Dividend or other distribution payable in respect of any period prior to the date upon which such amount would, but for such
payment, become payable.

 

		16	Forfeiture of Shares

 

		16.1	If a call or instalment of a call remains unpaid after it has become due and payable the Directors
may give to the person from whom it is due not less than fourteen clear days' notice requiring payment of the amount unpaid together
with any interest which may have accrued and any expenses incurred by the Company by reason of such non-payment. The notice shall
specify where payment is to be made and shall state that if the notice is not complied with the Shares in respect of which the
call was made will be liable to be forfeited.

 

		16.2	If the notice is not complied with, any Share in respect of which it was given may, before the
payment required by the notice has been made, be forfeited by a resolution of the Directors. Such forfeiture shall include all
Dividends, other distributions or other monies payable in respect of the forfeited Share and not paid before the forfeiture.

 

		16.3	A forfeited Share may be sold, re-allotted or otherwise disposed of on such terms and in such manner
as the Directors think fit and at any time before a sale, re-allotment or disposition the forfeiture may be cancelled on such terms
as the Directors think fit. Where for the purposes of its disposal a forfeited Share is to be transferred to any person the Directors
may authorise some person to execute an instrument of transfer of the Share in favour of that person.

 

		16.4	A person any of whose Shares have been forfeited shall cease to be a Member in respect of them
and shall surrender to the Company for cancellation the certificate for the Shares forfeited and shall remain liable to pay to
the Company all monies which at the date of forfeiture were payable by him to the Company in respect of those Shares together with
interest at such rate as the Directors may determine, but his liability shall cease if and when the Company shall have received
payment in full of all monies due and payable by him in respect of those Shares.

 

		16.5	A certificate in writing under the hand of one Director or officer of the Company that a Share
has been forfeited on a specified date shall be conclusive evidence of the facts stated in it as against all persons claiming to
be entitled to the Share. The certificate shall (subject to the execution of an instrument of transfer) constitute a good title
to the Share and the person to whom the Share is sold or otherwise disposed of shall not be bound to see to the application of
the purchase money, if any, nor shall his title to the Share be affected by any irregularity or invalidity in the proceedings in
reference to the forfeiture, sale or disposal of the Share.

 

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		16.6	The provisions of the Articles as to forfeiture shall apply in the case of non payment of any sum
which, by the terms of issue of a Share, becomes payable at a fixed time, whether on account of the par value of the Share or by
way of premium as if it had been payable by virtue of a call duly made and notified.

 

		17	Transmission of Shares

 

		17.1	If a Member dies the survivor or survivors (where he was a joint holder) or his legal personal
representatives (where he was a sole holder), shall be the only persons recognised by the Company as having any title to his Shares.
The estate of a deceased Member is not thereby released from any liability in respect of any Share, for which he was a joint or
sole holder.

 

		17.2	Any person becoming entitled to a Share in consequence of the death or bankruptcy or liquidation
or dissolution of a Member (or in any other way than by transfer) may, upon such evidence being produced as may be required by
the Directors, elect, by a notice in writing sent by him to the Company, either to become the holder of such Share or to have some
person nominated by him registered as the holder of such Share. If he elects to have another person registered as the holder of
such Share he shall sign an instrument of transfer of that Share to that person. The Directors shall, in either case, have the
same right to decline or suspend registration as they would have had in the case of a transfer of the Share by the relevant Member
before his death or bankruptcy or liquidation or dissolution, as the case may be.

 

		17.3	A person becoming entitled to a Share by reason of the death or bankruptcy or liquidation or dissolution
of a Member (or in any other case than by transfer) shall be entitled to the same Dividends, other distributions and other advantages
to which he would be entitled if he were the holder of such Share. However, he shall not, before becoming a Member in respect of
a Share, be entitled in respect of it to exercise any right conferred by membership in relation to general meetings of the Company
and the Directors may at any time give notice requiring any such person to elect either to be registered himself or to have some
person nominated by him be registered as the holder of the Share (but the Directors shall, in either case, have the same right
to decline or suspend registration as they would have had in the case of a transfer of the Share by the relevant Member before
his death or bankruptcy or liquidation or dissolution or any other case than by transfer, as the case may be). If the notice is
not complied with within ninety days of being received or deemed to be received (as determined pursuant to the Articles) the Directors
may thereafter withhold payment of all Dividends, other distributions, bonuses or other monies payable in respect of the Share
until the requirements of the notice have been complied with.

 

		18	Amendments of Memorandum and Articles of Association and Alteration
of Capital

 

		18.1	The Company may by Ordinary Resolution:

 

		(a)	increase its share capital by such sum as the Ordinary Resolution shall prescribe and with such
rights, priorities and privileges annexed thereto, as the Company in general meeting may determine;

 

		(b)	consolidate and divide all or any of its share capital into Shares of larger amount than its existing
Shares;

 

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		(c)	convert all or any of its paid-up Shares into stock, and reconvert that stock into paid-up Shares
of any denomination;

 

		(d)	by subdivision of its existing Shares or any of them divide the whole or any part of its share
capital into Shares of smaller amount than is fixed by the Memorandum or into Shares without par value; and

 

		(e)	cancel any Shares that at the date of the passing of the Ordinary Resolution have not been taken
or agreed to be taken by any person and diminish the amount of its share capital by the amount of the Shares so cancelled.

 

		18.2	All new Shares created in accordance with the provisions of the preceding Article shall be subject
to the same provisions of the Articles with reference to the payment of calls, liens, transfer, transmission, forfeiture and otherwise
as the Shares in the original share capital.

 

		18.3	Subject to the provisions of the Statute, the provisions of the Articles as regards the matters
to be dealt with by Ordinary Resolution, Article 4.3 and Article 49, the Company may by Special Resolution:

 

		(a)	change its name;

 

		(b)	alter or add to the Articles (subject to Article 29.4);

 

		(c)	alter or add to the Memorandum with respect to any objects, powers or other matters specified therein;
and

 

		(d)	reduce its share capital or any capital redemption reserve fund.

 

		19	Offices and Places of Business

 

Subject to the provisions of the
Statute, the Company may by resolution of the Directors change the location of its Registered Office. The Company may, in addition
to its Registered Office, maintain such other offices or places of business as the Directors determine.

 

		20	General Meetings

 

		20.1	All general meetings other than annual general meetings shall be called extraordinary general meetings.

 

		20.2	The Company may, but shall not (unless required by the Statute) be obliged to, in each year hold
a general meeting as its annual general meeting, and shall specify the meeting as such in the notices calling it. Any annual general
meeting shall be held at such time and place as the Directors shall appoint and if no other time and place is prescribed by them,
it shall be held at the Registered Office on the second Wednesday in December of each year at ten o'clock in the morning. At these
meetings the report of the Directors (if any) shall be presented.

 

		20.3	The Directors may call general meetings, and they shall on a Members' requisition forthwith proceed
to convene an extraordinary general meeting of the Company.

 

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		20.4	A Members' requisition is a requisition of Members holding at the date of deposit of the requisition
not less than thirty per cent in par value of the issued Shares which as at that date carry the right to vote at general meetings
of the Company.

 

		20.5	The Members' requisition must state the objects of the meeting and must be signed by the requisitionists
and deposited at the Registered Office, and may consist of several documents in like form each signed by one or more requisitionists.

 

		20.6	If there are no Directors as at the date of the deposit of the Members' requisition or if the Directors
do not within twenty-one days from the date of the deposit of the Members' requisition duly proceed to convene a general meeting
to be held within a further twenty-one days, the requisitionists, or any of them representing more than one-half of the total voting
rights of all of the requisitionists, may themselves convene a general meeting, but any meeting so convened shall be held no later
than the day which falls three months after the expiration of the said twenty-one day period.

 

		20.7	A general meeting convened as aforesaid by requisitionists shall be convened in the same manner
as nearly as possible as that in which general meetings are to be convened by Directors.

 

		21	Notice of General Meetings

 

		21.1	At least five days' notice shall be given of any general meeting. Every notice shall specify the
place, the day and the hour of the meeting and the general nature of the business to be conducted at the general meeting and shall
be given in the manner hereinafter mentioned or in such other manner if any as may be prescribed by the Company, provided that
a general meeting of the Company shall, whether or not the notice specified in this Article has been given and whether or not the
provisions of the Articles regarding general meetings have been complied with, be deemed to have been duly convened if it is so
agreed:

 

		(a)	in the case of an annual general meeting, by all of the Members entitled to attend and vote thereat;
and

 

		(b)	in the case of an extraordinary general meeting, by a majority in number of the Members having
a right to attend and vote at the meeting, together holding not less than ninety five per cent. in par value of the Shares giving
that right.

 

		21.2	The accidental omission to give notice of a general meeting to, or the non receipt of notice of
a general meeting by, any person entitled to receive such notice shall not invalidate the proceedings of that general meeting.

 

		22	Proceedings at General Meetings

 

		22.1	No business shall be transacted at any general meeting unless a quorum is present. The holders
of a majority of the issued Shares being individuals present in person or by proxy or if a corporation or other non-natural person
by its duly authorised representative or proxy shall be a quorum.

 

		22.2	A person may participate at a general meeting by conference telephone or other communications equipment
by means of which all the persons participating in the

 

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meeting can
communicate with each other. Participation by a person in a general meeting in this manner is treated as presence in person at
that meeting.

 

		22.3	A resolution (including a Special Resolution) in writing (in one or more counterparts) signed by
or on behalf of all of the Members for the time being entitled to receive notice of and to attend and vote at general meetings
(or, being corporations or other non-natural persons, signed by their duly authorised representatives) shall be as valid and effective
as if the resolution had been passed at a general meeting of the Company duly convened and held.

 

		22.4	If a quorum is not present within half an hour from the time appointed for the meeting to commence
or if during such a meeting a quorum ceases to be present, the meeting, if convened upon a Members' requisition, shall be dissolved
and in any other case it shall stand adjourned to the same day in the next week at the same time and/or place or to such other
day, time and/or place as the Directors may determine, and if at the adjourned meeting a quorum is not present within half an hour
from the time appointed for the meeting to commence, the meeting shall be dissolved.

 

		22.5	The Directors may, at any time prior to the time appointed for the meeting to commence, appoint
any person to act as chairman of a general meeting of the Company or, if the Directors do not make any such appointment, the chairman,
if any, of the board of Directors shall preside as chairman at such general meeting. If there is no such chairman, or if he shall
not be present within fifteen minutes after the time appointed for the meeting to commence, or is unwilling to act, the Directors
present shall elect one of their number to be chairman of the meeting.

 

		22.6	If no Director is willing to act as chairman or if no Director is present within fifteen minutes
after the time appointed for the meeting to commence, the Members present shall choose one of their number to be chairman of the
meeting.

 

		22.7	The chairman may, with the consent of a meeting at which a quorum is present (and shall if so directed
by the meeting) adjourn the meeting from time to time and from place to place, but no business shall be transacted at any adjourned
meeting other than the business left unfinished at the meeting from which the adjournment took place.

 

		22.8	When a general meeting is adjourned for thirty days or more, notice of the adjourned meeting shall
be given as in the case of an original meeting. Otherwise it shall not be necessary to give any such notice of an adjourned meeting.

 

		22.9	A resolution put to the vote of the meeting shall be decided on a poll.

 

		22.10	A poll shall be taken as the chairman directs, and the result of the poll shall be deemed to be
the resolution of the general meeting at which the poll was demanded.

 

		22.11	A poll demanded on the election of a chairman or on a question of adjournment shall be taken forthwith.
A poll demanded on any other question shall be taken at such date, time and place as the chairman of the general meeting directs,
and any business other than that upon which a poll has been demanded or is contingent thereon may proceed pending the taking of
the poll.

 

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		22.12	In the case of an equality of votes, whether on a show of hands or on a poll, the chairman shall
be entitled to a second or casting vote.

 

		23	Votes of Members

 

		23.1	Subject to any rights or restrictions attached to any Shares, every Member present in any such
manner shall have one vote for every Share of which he is the holder.

 

		23.2	In the case of joint holders the vote of the senior holder who tenders a vote, whether in person
or by proxy (or, in the case of a corporation or other non-natural person, by its duly authorised representative or proxy), shall
be accepted to the exclusion of the votes of the other joint holders, and seniority shall be determined by the order in which the
names of the holders stand in the Register of Members.

 

		23.3	A Member of unsound mind, or in respect of whom an order has been made by any court, having jurisdiction
in lunacy, may vote by his committee, receiver, curator bonis, or other person on such Member's behalf appointed by that court,
and any such committee, receiver, curator bonis or other person may vote by proxy.

 

		23.4	No person shall be entitled to vote at any general meeting unless he is registered as a Member
on the record date for such meeting nor unless all calls or other monies then payable by him in respect of Shares have been paid.

 

		23.5	No objection shall be raised as to the qualification of any voter except at the general meeting
or adjourned general meeting at which the vote objected to is given or tendered and every vote not disallowed at the meeting shall
be valid. Any objection made in due time in accordance with this Article shall be referred to the chairman whose decision shall
be final and conclusive.

 

		23.6	Votes may be cast either personally or by proxy (or in the case of a corporation or other non-natural
person by its duly authorised representative or proxy). A Member may appoint more than one proxy or the same proxy under one or
more instruments to attend and vote at a meeting. Where a Member appoints more than one proxy the instrument of proxy shall specify
the number of Shares in respect of which each proxy is entitled to exercise the related votes.

 

		23.7	A Member holding more than one Share need not cast the votes in respect of his Shares in the same
way on any resolution and therefore may vote a Share or some or all such Shares either for or against a resolution and/or abstain
from voting a Share or some or all of the Shares and, subject to the terms of the instrument appointing him, a proxy appointed
under one or more instruments may vote a Share or some or all of the Shares in respect of which he is appointed either for or against
a resolution and/or abstain from voting a Share or some or all of the Shares in respect of which he is appointed.

 

		24	Proxies

 

		24.1	The instrument appointing a proxy shall be in writing and shall be executed under the hand of the
appointor or of his attorney duly authorised in writing, or, if the appointor is a corporation or other non natural person, under
the hand of its duly authorised representative. A proxy need not be a Member.

 

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		24.2	The Directors may, in the notice convening any meeting or adjourned meeting, or in an instrument
of proxy sent out by the Company, specify the manner by which the instrument appointing a proxy shall be deposited and the place
and the time (being not later than the time appointed for the commencement of the meeting or adjourned meeting to which the proxy
relates) at which the instrument appointing a proxy shall be deposited. In the absence of any such direction from the Directors
in the notice convening any meeting or adjourned meeting or in an instrument of proxy sent out by the Company, the instrument appointing
a proxy shall be deposited physically at the Registered Office not less than 48 hours before the time appointed for the meeting
or adjourned meeting to commence at which the person named in the instrument proposes to vote.

 

The chairman may in any event
at his discretion declare that an instrument of proxy shall be deemed to have been duly deposited. An instrument of proxy that
is not deposited in the manner permitted, or which has not been declared to have been duly deposited by the chairman, shall be
invalid.

 

		24.3	The instrument appointing a proxy may be in any usual or common form (or such other form as the
Directors may approve) and may be expressed to be for a particular meeting or any adjournment thereof or generally until revoked.
An instrument appointing a proxy shall be deemed to include the power to demand or join or concur in demanding a poll.

 

		24.4	Votes given in accordance with the terms of an instrument of proxy shall be valid notwithstanding
the previous death or insanity of the principal or revocation of the proxy or of the authority under which the proxy was executed,
or the transfer of the Share in respect of which the proxy is given unless notice in writing of such death, insanity, revocation
or transfer was received by the Company at the Registered Office before the commencement of the general meeting, or adjourned meeting
at which it is sought to use the proxy.

 

		25	Corporate Members

 

		25.1	Any corporation or other non-natural person which is a Member may in accordance with its constitutional
documents, or in the absence of such provision by resolution of its directors or other governing body, authorise such person as
it thinks fit to act as its representative at any meeting of the Company or of any class of Members, and the person so authorised
shall be entitled to exercise the same powers on behalf of the corporation which he represents as the corporation could exercise
if it were an individual Member.

 

		25.2	If a clearing house (or its nominee(s)), being a corporation, is a Member, it may authorise such
persons as it sees fit to act as its representative at any meeting of the Company or at any meeting of any class of Members provided
that the authorisation shall specify the number and class of Shares in respect of which each such representative is so authorised.
Each person so authorised under the provisions of this Article shall be deemed to have been duly authorised without further evidence
of the facts and be entitled to exercise the same rights and powers on behalf of the clearing house (or its nominee(s)) as if such
person was the registered holder of such Shares held by the clearing house (or its nominee(s)).

 

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		26	Shares that May Not be Voted

 

Shares in the Company that are
beneficially owned by the Company shall not be voted, directly or indirectly, at any meeting and shall not be counted in determining
the total number of outstanding Shares at any given time.

 

		27	Directors

 

There shall be a board of Directors
consisting of not less than one person provided however that the Company may by Ordinary Resolution increase or reduce the limits
in the number of Directors. The first Directors of the Company shall be determined in writing by, or appointed by a resolution
of, the Subscriber.

 

		28	Powers of Directors

 

		28.1	Subject to the provisions of the Statute, the Memorandum and the Articles and to any directions
given by Special Resolution, the business of the Company shall be managed by the Directors who may exercise all the powers of the
Company. No alteration of the Memorandum or Articles and no such direction shall invalidate any prior act of the Directors which
would have been valid if that alteration had not been made or that direction had not been given. A duly convened meeting of Directors
at which a quorum is present may exercise all powers exercisable by the Directors.

 

		28.2	All cheques, promissory notes, drafts, bills of exchange and other negotiable or transferable instruments
and all receipts for monies paid to the Company shall be signed, drawn, accepted, endorsed or otherwise executed as the case may
be in such manner as the Directors shall determine by resolution.

 

		28.3	The Directors on behalf of the Company may pay a gratuity or pension or allowance on retirement
to any Director who has held any other salaried office or place of profit with the Company or to his widow or dependants and may
make contributions to any fund and pay premiums for the purchase or provision of any such gratuity, pension or allowance.

 

		28.4	The Directors may exercise all the powers of the Company to borrow money and to mortgage or charge
its undertaking, property and assets (present and future) and uncalled capital or any part thereof and to issue debentures, debenture
stock, mortgages, bonds and other such securities whether outright or as security for any debt, liability or obligation of the
Company or of any third party.

 

		29	Appointment and Removal of Directors

 

		29.1	Prior to the closing of a Business Combination, the Company may by Ordinary Resolution of the holders
of the Class B Shares appoint any person to be a Director or may by Ordinary Resolution remove any Director. For the avoidance
of doubt, prior to the closing of a Business Combination holders of Class A Shares shall have no right to vote on the appointment
or removal of any Director.

 

		29.2	The Directors may appoint any person to be a Director, either to fill a vacancy or as an additional
Director provided that the appointment does not cause the number of Directors to exceed any number fixed by or in accordance with
the Articles as the maximum number of Directors.

 

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		29.3	After the closing of a Business Combination, the Company may by Ordinary Resolution appoint any
person to be a Director or may by Ordinary Resolution remove any Director.

 

		29.4	Article 29.1 may only be amended by a Special Resolution passed by a majority of at least 90% of
such members as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general meeting of which
notice specifying the intention to propose the resolution as a special resolution has been given, or by way of unanimous written
resolution of all members.

 

		30	Vacation of Office of Director

 

The office of a Director shall
be vacated if:

 

		(a)	the Director gives notice in writing to the Company that he resigns the office of Director; or

 

		(b)	the Director absents himself (for the avoidance of doubt, without being represented by proxy) from
three consecutive meetings of the board of Directors without special leave of absence from the Directors, and the Directors pass
a resolution that he has by reason of such absence vacated office; or

 

		(c)	the Director dies, becomes bankrupt or makes any arrangement or composition with his creditors
generally; or

 

		(d)	the Director is found to be or becomes of unsound mind; or

 

		(e)	all of the other Directors (being not less than two in number) determine that he should be removed
as a Director, either by a resolution passed by all of the other Directors at a meeting of the Directors duly convened and held
in accordance with the Articles or by a resolution in writing signed by all of the other Directors.

 

		31	Proceedings of Directors

 

		31.1	The quorum for the transaction of the business of the Directors may be fixed by the Directors,
and unless so fixed shall be a majority if there are three or more Directors, shall be two if there are two Directors, and shall
be one if there is only one Director.

 

		31.2	Subject to the provisions of the Articles, the Directors may regulate their proceedings as they
think fit. Questions arising at any meeting shall be decided by a majority of votes. In the case of an equality of votes, the chairman
shall have a second or casting vote.

 

		31.3	A person may participate in a meeting of the Directors or committee of Directors by conference
telephone or other communications equipment by means of which all the persons participating in the meeting can communicate with
each other at the same time. Participation by a person in a meeting in this manner is treated as presence in person at that meeting.
Unless otherwise determined by the Directors the meeting shall be deemed to be held at the place where the chairman is located
at the start of the meeting.

 

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		31.4	A resolution in writing (in one or more counterparts) signed by all the Directors or all the members
of a committee of the Directors or, in the case of a resolution in writing relating to the removal of any Director or the vacation
of office by any Director, all of the Directors other than the Director who is the subject of such resolution shall be as valid
and effectual as if it had been passed at a meeting of the Directors, or committee of Directors as the case may be, duly convened
and held.

 

		31.5	A Director may, or other officer of the Company on the direction of a Director shall, call a meeting
of the Directors by at least two days' notice in writing to every Director which notice shall set forth the general nature of the
business to be considered unless notice is waived by all the Directors either at, before or after the meeting is held. To any such
notice of a meeting of the Directors all the provisions of the Articles relating to the giving of notices by the Company to the
Members shall apply mutatis mutandis.

 

		31.6	The continuing Directors (or a sole continuing Director, as the case may be) may act notwithstanding
any vacancy in their body, but if and so long as their number is reduced below the number fixed by or pursuant to the Articles
as the necessary quorum of Directors the continuing Directors or Director may act for the purpose of increasing the number of Directors
to be equal to such fixed number, or of summoning a general meeting of the Company, but for no other purpose.

 

		31.7	The Directors may elect a chairman of their board and determine the period for which he is to hold
office; but if no such chairman is elected, or if at any meeting the chairman is not present within fifteen minutes after the time
appointed for the meeting to commence, the Directors present may choose one of their number to be chairman of the meeting.

 

		31.8	All acts done by any meeting of the Directors or of a committee of the Directors shall, notwithstanding
that it is afterwards discovered that there was some defect in the appointment of any Director, and/or that they or any of them
were disqualified, and/or had vacated their office and/or were not entitled to vote, be as valid as if every such person had been
duly appointed and/or not disqualified to be a Director and/or had not vacated their office and/or had been entitled to vote, as
the case may be.

 

		31.9	A Director may be represented at any meetings of the board of Directors by a proxy appointed in
writing by him. The proxy shall count towards the quorum and the vote of the proxy shall for all purposes be deemed to be that
of the appointing Director.

 

		32	Presumption of Assent

 

A Director who is present at a
meeting of the board of Directors at which action on any Company matter is taken shall be presumed to have assented to the action
taken unless his dissent shall be entered in the minutes of the meeting or unless he shall file his written dissent from such action
with the person acting as the chairman or secretary of the meeting before the adjournment thereof or shall forward such dissent
by registered post to such person immediately after the adjournment of the meeting. Such right to dissent shall not apply to a
Director who voted in favour of such action.

 

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		33	Directors' Interests

 

		33.1	A Director may hold any other office or place of profit under the Company (other than the office
of Auditor) in conjunction with his office of Director for such period and on such terms as to remuneration and otherwise as the
Directors may determine.

 

		33.2	A Director may act by himself or by, through or on behalf of his firm in a professional capacity
for the Company and he or his firm shall be entitled to remuneration for professional services as if he were not a Director.

 

		33.3	A Director may be or become a director or other officer of or otherwise interested in any company
promoted by the Company or in which the Company may be interested as a shareholder, a contracting party or otherwise, and no such
Director shall be accountable to the Company for any remuneration or other benefits received by him as a director or officer of,
or from his interest in, such other company.

 

		33.4	No person shall be disqualified from the office of Director or prevented by such office from contracting
with the Company, either as vendor, purchaser or otherwise, nor shall any such contract or any contract or transaction entered
into by or on behalf of the Company in which any Director shall be in any way interested be or be liable to be avoided, nor shall
any Director so contracting or being so interested be liable to account to the Company for any profit realised by or arising in
connection with any such contract or transaction by reason of such Director holding office or of the fiduciary relationship thereby
established. A Director shall be at liberty to vote in respect of any contract or transaction in which he is interested provided
that the nature of the interest of any Director in any such contract or transaction shall be disclosed by him at or prior to its
consideration and any vote thereon.

 

		33.5	A general notice that a Director is a shareholder, director, officer or employee of any specified
firm or company and is to be regarded as interested in any transaction with such firm or company shall be sufficient disclosure
for the purposes of voting on a resolution in respect of a contract or transaction in which he has an interest, and after such
general notice it shall not be necessary to give special notice relating to any particular transaction.

 

		34	Minutes

 

The Directors shall cause minutes
to be made in books kept for the purpose of recording all appointments of officers made by the Directors, all proceedings at meetings
of the Company or the holders of any class of Shares and of the Directors, and of committees of the Directors, including the names
of the Directors present at each meeting.

 

		35	Delegation of Directors' Powers

 

		35.1	The Directors may delegate any of their powers, authorities and discretions, including the power
to sub-delegate, to any committee consisting of one or more Directors. Any such delegation may be made subject to any conditions
the Directors may impose and either collaterally with or to the exclusion of their own powers and any such delegation may be revoked
or altered by the Directors. Subject to any such conditions, the proceedings of a committee of Directors shall be governed by the
Articles regulating the proceedings of Directors, so far as they are capable of applying.

 

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		35.2	The Directors may establish any committees, local boards or agencies or appoint any person to be
a manager or agent for managing the affairs of the Company and may appoint any person to be a member of such committees, local
boards or agencies. Any such appointment may be made subject to any conditions the Directors may impose, and either collaterally
with or to the exclusion of their own powers and any such appointment may be revoked or altered by the Directors. Subject to any
such conditions, the proceedings of any such committee, local board or agency shall be governed by the Articles regulating the
proceedings of Directors, so far as they are capable of applying.

 

		35.3	The Directors may by power of attorney or otherwise appoint any person to be the agent of the Company
on such conditions as the Directors may determine, provided that the delegation is not to the exclusion of their own powers and
may be revoked by the Directors at any time.

 

		35.4	The Directors may by power of attorney or otherwise appoint any company, firm, person or body of
persons, whether nominated directly or indirectly by the Directors, to be the attorney or authorised signatory of the Company for
such purpose and with such powers, authorities and discretions (not exceeding those vested in or exercisable by the Directors under
the Articles) and for such period and subject to such conditions as they may think fit, and any such powers of attorney or other
appointment may contain such provisions for the protection and convenience of persons dealing with any such attorneys or authorised
signatories as the Directors may think fit and may also authorise any such attorney or authorised signatory to delegate all or
any of the powers, authorities and discretions vested in him.

 

		35.5	The Directors may appoint such officers of the Company (including, for the avoidance of doubt and
without limitation, any chairman of the board of Directors, vice chairman of the board of Directors, one or more chief executive
officers or co-chief executive officers, presidents, a chief financial officer, a secretary, a treasurer, vice-presidents, one
or more assistant vice presidents, one or more assistant treasurers, one or more assistant secretaries or any other officers as
may be determined by the Directors) as they consider necessary on such terms, at such remuneration and to perform such duties,
and subject to such provisions as to disqualification and removal as the Directors may think fit. Unless otherwise specified in
the terms of his appointment an officer of the Company may be removed by resolution of the Directors or Members. An officer of
the Company may vacate his office at any time if he gives notice in writing to the Company that he resigns his office.

 

		36	No Minimum Shareholding

 

The Company in general meeting
may fix a minimum shareholding required to be held by a Director, but unless and until such a shareholding qualification is fixed
a Director is not required to hold Shares.

 

		37	Remuneration of Directors

 

		37.1	The remuneration to be paid to the Directors, if any, shall be such remuneration as the Directors
shall determine, provided that no remuneration shall be paid to any Director prior to the consummation of a Business Combination.
The Directors shall also, whether prior to or after the consummation of a Business Combination, be entitled to be paid all travelling,
hotel and other expenses properly incurred by them in connection with their attendance at meetings of Directors or committees of

 

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Directors, or
general meetings of the Company, or separate meetings of the holders of any class of Shares or debentures of the Company, or otherwise
in connection with the business of the Company or the discharge of their duties as a Director, or to receive a fixed allowance
in respect thereof as may be determined by the Directors, or a combination partly of one such method and partly the other.

 

		37.2	The Directors may by resolution approve additional remuneration to any Director for any services
which in the opinion of the Directors go beyond his ordinary routine work as a Director. Any fees paid to a Director who is also
counsel, attorney or solicitor to the Company, or otherwise serves it in a professional capacity shall be in addition to his remuneration
as a Director.

 

		38	Seal

 

		38.1	The Company may, if the Directors so determine, have a Seal. The Seal shall only be used by the
authority of the Directors or of a committee of the Directors authorised by the Directors. Every instrument to which the Seal has
been affixed shall be signed by at least one person who shall be either a Director or some officer of the Company or other person
appointed by the Directors for the purpose.

 

		38.2	The Company may have for use in any place or places outside the Cayman Islands a duplicate Seal
or Seals each of which shall be a facsimile of the common Seal of the Company and, if the Directors so determine, with the addition
on its face of the name of every place where it is to be used.

 

		38.3	A Director or officer, representative or attorney of the Company may without further authority
of the Directors affix the Seal over his signature alone to any document of the Company required to be authenticated by him under
seal or to be filed with the Registrar of Companies in the Cayman Islands or elsewhere wheresoever.

 

		39	Dividends, Distributions and Reserve

 

		39.1	Subject to the Statute and this Article and except as otherwise provided by the rights attached
to any Shares, the Directors may resolve to pay Dividends and other distributions on Shares in issue and authorise payment of the
Dividends or other distributions out of the funds of the Company lawfully available therefor. A Dividend shall be deemed to be
an interim Dividend unless the terms of the resolution pursuant to which the Directors resolve to pay such Dividend specifically
state that such Dividend shall be a final Dividend. No Dividend or other distribution shall be paid except out of the realised
or unrealised profits of the Company, out of the share premium account or as otherwise permitted by the Statute.

 

		39.2	Except as otherwise provided by the rights attached to any Shares, all Dividends and other distributions
shall be paid according to the par value of the Shares that a Member holds. If any Share is issued on terms providing that it shall
rank for Dividend as from a particular date, that Share shall rank for Dividend accordingly.

 

		39.3	The Directors may deduct from any Dividend or other distribution payable to any Member all sums
of money (if any) then payable by him to the Company on account of calls or otherwise.

 

		39.4	The Directors may resolve that any Dividend or other distribution be paid wholly or partly by the
distribution of specific assets and in particular (but without limitation) by

 

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the distribution
of shares, debentures, or securities of any other company or in any one or more of such ways and where any difficulty arises in
regard to such distribution, the Directors may settle the same as they think expedient and in particular may issue fractional Shares
and may fix the value for distribution of such specific assets or any part thereof and may determine that cash payments shall be
made to any Members upon the basis of the value so fixed in order to adjust the rights of all Members and may vest any such specific
assets in trustees in such manner as may seem expedient to the Directors.

 

		39.5	Except as otherwise provided by the rights attached to any Shares, Dividends and other distributions
may be paid in any currency. The Directors may determine the basis of conversion for any currency conversions that may be required
and how any costs involved are to be met.

 

		39.6	The Directors may, before resolving to pay any Dividend or other distribution, set aside such sums
as they think proper as a reserve or reserves which shall, at the discretion of the Directors, be applicable for any purpose of
the Company and pending such application may, at the discretion of the Directors, be employed in the business of the Company.

 

		39.7	Any Dividend, other distribution, interest or other monies payable in cash in respect of Shares
may be paid by wire transfer to the holder or by cheque or warrant sent through the post directed to the registered address of
the holder or, in the case of joint holders, to the registered address of the holder who is first named on the Register of Members
or to such person and to such address as such holder or joint holders may in writing direct. Every such cheque or warrant shall
be made payable to the order of the person to whom it is sent. Any one of two or more joint holders may give effectual receipts
for any Dividends, other distributions, bonuses, or other monies payable in respect of the Share held by them as joint holders.

 

		39.8	No Dividend or other distribution shall bear interest against the Company.

 

		39.9	Any Dividend or other distribution which cannot be paid to a Member and/or which remains unclaimed
after six months from the date on which such Dividend or other distribution becomes payable may, in the discretion of the Directors,
be paid into a separate account in the Company's name, provided that the Company shall not be constituted as a trustee in respect
of that account and the Dividend or other distribution shall remain as a debt due to the Member. Any Dividend or other distribution
which remains unclaimed after a period of six years from the date on which such Dividend or other distribution becomes payable
shall be forfeited and shall revert to the Company.

 

		40	Capitalisation

 

The Directors may at any time
capitalise any sum standing to the credit of any of the Company's reserve accounts or funds (including the share premium account
and capital redemption reserve fund) or any sum standing to the credit of the profit and loss account or otherwise available for
distribution; appropriate such sum to Members in the proportions in which such sum would have been divisible amongst such Members
had the same been a distribution of profits by way of Dividend or other distribution; and apply such sum on their behalf in paying
up in full unissued Shares for allotment and distribution credited as fully paid-up to and amongst them in the proportion aforesaid.
In such event the Directors shall do all acts and things required to give effect to such capitalisation, with full power given
to the Directors to

 

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make such provisions as they think
fit in the case of Shares becoming distributable in fractions (including provisions whereby the benefit of fractional entitlements
accrue to the Company rather than to the Members concerned). The Directors may authorise any person to enter on behalf of all of
the Members interested into an agreement with the Company providing for such capitalisation and matters incidental or relating
thereto and any agreement made under such authority shall be effective and binding on all such Members and the Company.

 

		41	Books of Account

 

		41.1	The Directors shall cause proper books of account to be kept with respect to all sums of money
received and expended by the Company and the matters in respect of which the receipt or expenditure takes place, all sales and
purchases of goods by the Company and the assets and liabilities of the Company. Proper books of account shall not be deemed to
be kept if there are not kept such books of account as are necessary to give a true and fair view of the state of the Company's
affairs and to explain its transactions.

 

		41.2	The Directors shall determine whether and to what extent and at what times and places and under
what conditions or regulations the accounts and books of the Company or any of them shall be open to the inspection of Members
not being Directors and no Member (not being a Director) shall have any right of inspecting any account or book or document of
the Company except as conferred by Statute or authorised by the Directors or by the Company in general meeting.

 

		41.3	The Directors may cause to be prepared and to be laid before the Company in general meeting profit
and loss accounts, balance sheets, group accounts (if any) and such other reports and accounts as may be required by law.

 

		42	Audit

 

		42.1	The Directors may appoint an Auditor of the Company who shall hold office on such terms as the
Directors determine.

 

		42.2	Without prejudice to the freedom of the Directors to establish any other committee, if the Shares
(or depositary receipts therefor) are listed or quoted on the Designated Stock Exchange, and if required by the Designated Stock
Exchange, the Directors shall establish and maintain an Audit Committee as a committee of the board of Directors and shall adopt
a formal written Audit Committee charter and review and assess the adequacy of the formal written charter on an annual basis. The
composition and responsibilities of the Audit Committee shall comply with the rules and regulations of the SEC and the Designated
Stock Exchange.

 

		42.3	If the Shares (or depositary receipts therefor) are listed or quoted on the Designated Stock Exchange,
the Company shall conduct an appropriate review of all related party transactions on an ongoing basis and shall utilise the Audit
Committee, if one exists, and the Directors, if an Audit Committee does not exist, for the review and approval of potential conflicts
of interest.

 

		42.4	The remuneration of the Auditor shall be fixed by the Audit Committee, if one exists, and by the
Directors if an Audit Committee does not exist.

 

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		42.5	If the office of Auditor becomes vacant by resignation or death of the Auditor, or by his becoming
incapable of acting by reason of illness or other disability at a time when his services are required, the Directors shall fill
the vacancy and determine the remuneration of such Auditor.

 

		42.6	Every Auditor of the Company shall have a right of access at all times to the books and accounts
and vouchers of the Company and shall be entitled to require from the Directors and officers of the Company such information and
explanation as may be necessary for the performance of the duties of the Auditor.

 

		42.7	Auditors shall, if so required by the Directors, make a report on the accounts of the Company during
their tenure of office at the next annual general meeting following their appointment in the case of a company which is registered
with the Registrar of Companies as an ordinary company, and at the next extraordinary general meeting following their appointment
in the case of a company which is registered with the Registrar of Companies as an exempted company, and at any other time during
their term of office, upon request of the Directors or any general meeting of the Members.

 

		43	Notices

 

		43.1	Notices shall be in writing and may be given by the Company to any Member either personally or
by sending it by courier, post, cable, telex, fax or e-mail to him or to his address as shown in the Register of Members (or where
the notice is given by e-mail by sending it to the e-mail address provided by such Member). Notice may also be served in accordance
with the requirements of the Designated Stock Exchange.

 

		43.2	Where a notice is sent by courier, service of the notice shall be deemed to be effected by delivery
of the notice to a courier company, and shall be deemed to have been received on the third day (not including Saturdays or Sundays
or public holidays) following the day on which the notice was delivered to the courier. Where a notice is sent by post, service
of the notice shall be deemed to be effected by properly addressing, pre paying and posting a letter containing the notice, and
shall be deemed to have been received on the fifth day (not including Saturdays or Sundays or public holidays in the Cayman Islands)
following the day on which the notice was posted. Where a notice is sent by cable, telex or fax, service of the notice shall be
deemed to be effected by properly addressing and sending such notice and shall be deemed to have been received on the same day
that it was transmitted. Where a notice is given by e-mail service shall be deemed to be effected by transmitting the e-mail to
the e-mail address provided by the intended recipient and shall be deemed to have been received on the same day that it was sent,
and it shall not be necessary for the receipt of the e-mail to be acknowledged by the recipient.

 

		43.3	A notice may be given by the Company to the person or persons which the Company has been advised
are entitled to a Share or Shares in consequence of the death or bankruptcy of a Member in the same manner as other notices which
are required to be given under the Articles and shall be addressed to them by name, or by the title of representatives of the deceased,
or trustee of the bankrupt, or by any like description at the address supplied for that purpose by the persons claiming to be so
entitled, or at the option of the Company by giving the notice in any manner in which the same might have been given if the death
or bankruptcy had not occurred.

 

		43.4	Notice of every general meeting shall be given in any manner authorised by the Articles to every
holder of Shares carrying an entitlement to receive such notice on

 

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the record date
for such meeting except that in the case of joint holders the notice shall be sufficient if given to the joint holder first named
in the Register of Members and every person upon whom the ownership of a Share devolves by reason of his being a legal personal
representative or a trustee in bankruptcy of a Member where the Member but for his death or bankruptcy would be entitled to receive
notice of the meeting, and no other person shall be entitled to receive notices of general meetings.

 

		44	Winding Up

 

		44.1	If the Company shall be wound up the liquidator shall apply the assets of the Company in satisfaction
of creditors' claims in such manner and order as such liquidator thinks fit. Subject to the rights attaching to any Shares, in
a winding up:

 

		(a)	if the assets available for distribution amongst the Members shall be insufficient to repay the
whole of the Company's issued share capital, such assets shall be distributed so that, as nearly as may be, the losses shall be
borne by the Members in proportion to the par value of the Shares held by them; or

 

		(b)	if the assets available for distribution amongst the Members shall be more than sufficient to repay
the whole of the Company's issued share capital at the commencement of the winding up, the surplus shall be distributed amongst
the Members in proportion to the par value of the Shares held by them at the commencement of the winding up subject to a deduction
from those Shares in respect of which there are monies due, of all monies payable to the Company for unpaid calls or otherwise.

 

		44.2	If the Company shall be wound up the liquidator may, subject to the rights attaching to any Shares
and with the sanction of a Special Resolution of the Company and any other sanction required by the Statute, divide amongst the
Members in kind the whole or any part of the assets of the Company (whether such assets shall consist of property of the same kind
or not) and may for that purpose value any assets and determine how the division shall be carried out as between the Members or
different classes of Members. The liquidator may, with the like sanction, vest the whole or any part of such assets in trustees
upon such trusts for the benefit of the Members as the liquidator, with the like sanction, shall think fit, but so that no Member
shall be compelled to accept any asset upon which there is a liability.

 

		45	Indemnity and Insurance

 

		45.1	Every Director and officer of the Company (which for the avoidance of doubt, shall not include
auditors of the Company), together with every former Director and former officer of the Company (each an "Indemnified Person")
shall be indemnified out of the assets of the Company against any liability, action, proceeding, claim, demand, costs, damages
or expenses, including legal expenses, whatsoever which they or any of them may incur as a result of any act or failure to act
in carrying out their functions other than such liability (if any) that they may incur by reason of their own actual fraud, wilful
neglect or wilful default. No Indemnified Person shall be liable to the Company for any loss or damage incurred by the Company
as a result (whether direct or indirect) of the carrying out of their functions unless that liability arises through the actual
fraud, wilful neglect or wilful default of such Indemnified Person. No person shall be found to have committed actual fraud, wilful
neglect or wilful

 

    D-30

     

    

default under
this Article unless or until a court of competent jurisdiction shall have made a finding to that effect.

 

		45.2	The Company shall advance to each Indemnified Person reasonable attorneys' fees and other costs
and expenses incurred in connection with the defence of any action, suit, proceeding or investigation involving such Indemnified
Person for which indemnity will or could be sought. In connection with any advance of any expenses hereunder, the Indemnified Person
shall execute an undertaking to repay the advanced amount to the Company if it shall be determined by final judgment or other final
adjudication that such Indemnified Person was not entitled to indemnification pursuant to this Article. If it shall be determined
by a final judgment or other final adjudication that such Indemnified Person was not entitled to indemnification with respect to
such judgment, costs or expenses, then such party shall not be indemnified with respect to such judgment, costs or expenses and
any advancement shall be returned to the Company (without interest) by the Indemnified Person.

 

		45.3	The Directors, on behalf of the Company, may purchase and maintain insurance for the benefit of
any Director or other officer of the Company against any liability which, by virtue of any rule of law, would otherwise attach
to such person in respect of any negligence, default, breach of duty or breach of trust of which such person may be guilty in relation
to the Company.

 

		46	Financial Year

 

Unless the Directors otherwise
prescribe, the financial year of the Company shall end on 31st December in each year and, following the year of incorporation,
shall begin on 1st January in each year.

 

		47	Transfer by Way of Continuation

 

If the Company is exempted as
defined in the Statute, it shall, subject to the provisions of the Statute and with the approval of a Special Resolution, have
the power to register by way of continuation as a body corporate under the laws of any jurisdiction outside the Cayman Islands
and to be deregistered in the Cayman Islands.

 

		48	Mergers and Consolidations

 

The Company shall, with the approval
of a Special Resolution, have the power to merge or consolidate with one or more constituent companies (as defined in the Statute),
upon such terms as the Directors may determine.

 

		49	Business Combination

 

		49.1	Notwithstanding any other provision of the Articles, this Article 49 shall apply during the period
commencing upon the adoption of the Articles and terminating upon the first to occur of the consummation of any Business Combination
and the complete liquidation of the Trust Fund pursuant to Article 49.4. In the event of a conflict between this Article 49 and
any other Articles, the provisions of this Article 49 shall prevail.

 

		49.2	Prior to the consummation of any Business Combination, the Company shall either:

 

    D-31

     

    

		(a)	submit such Business Combination to its Members for approval (but only following the satisfaction
of the Business Combination Condition, as defined in the Forward Purchase Agreements); or

 

		(b)	provide Members with the opportunity to have their Shares repurchased by means of a tender offer
for a per-Share repurchase price payable in cash, equal to the aggregate amount then on deposit in the Trust Fund, calculated as
of two business days prior to the consummation of the Business Combination, including interest earned on the Trust Fund (net of
income taxes payable), divided by the number of then issued Public Shares, provided that the Company shall not repurchase Public
Shares in an amount that would cause the Company's net tangible assets to be less than US$5,000,001.

 

If the Company initiates any tender
offer in accordance with Rule 13e-4 and Regulation 14E of the Exchange Act in connection with a Business Combination, it shall
file tender offer documents with the SEC prior to completing a Business Combination which contain substantially the same financial
and other information about such Business Combination and the redemption rights as is required under Regulation 14A of the Exchange
Act.

 

If, alternatively, the Company
holds a Member vote to approve a proposed Business Combination, the Company will conduct any redemptions in conjunction with a
proxy solicitation pursuant to Regulation 14A of the Exchange Act, and not pursuant to the tender offer rules, and file proxy materials
with the SEC.

 

At a meeting called for the purposes
of approving a Business Combination pursuant to this Article, in the event that a majority of the Shares voted are voted for the
approval of the Business Combination, the Company shall be authorised to consummate the Business Combination.

 

		49.3	Any Member holding Public Shares who is not a Founder, officer or Director may, contemporaneously
with any vote on a Business Combination, elect to have their Public Shares redeemed for cash (the "IPO Redemption"),
provided that no such Member acting together with any affiliate of his or any other person with whom he is acting in concert or
as a partnership, syndicate, or other group for the purposes of acquiring, holding, or disposing of Shares may exercise this redemption
right with respect to more than 20% of the Public Shares with the Company’s prior consent. If so demanded, the Company shall
pay any such redeeming Member, regardless of whether he is voting for or against such proposed Business Combination, a per-Share
redemption price payable in cash, equal to the aggregate amount then on deposit in the Trust Fund calculated as of two business
days prior to the consummation of the Business Combination, including interest earned on the Trust Fund not previously released
to the Company (net of income taxes payable), divided by the number of then issued Public Shares (such redemption price being referred
to herein as the "Redemption Price").

 

The Redemption Price shall be
paid promptly following the consummation of the relevant Business Combination. If the proposed Business Combination is not approved
or completed for any reason then such redemptions shall be cancelled and share certificates (if any) returned to the relevant Members
as appropriate.

 

		49.4	In the event that:

 

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		(a)	the Company does not consummate a Business Combination by twenty-four months (the “Business
Combination Period”) after the closing of the IPO, or such later time as the Members of the Company may approve in accordance
with the Articles, the Company shall: (i) cease all operations except for the purpose of winding up; (ii) as promptly as reasonably
possible but not more than ten business days thereafter, redeem the Public Shares, at a per-Share price, payable in cash, equal
to the aggregate amount then on deposit in the Trust Fund, including interest earned on the Trust Fund (less up to US$100,000 of
interest to pay dissolution expenses and net of income taxes payable), divided by the number of then issued Public Shares, which
redemption will completely extinguish public Members' rights as Members (including the right to receive further liquidation distributions,
if any); and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company's remaining
Members and its board of Directors, dissolve and liquidate, subject in the case of clauses (ii) and (iii), to its obligations under
Cayman Islands law to provide for claims of creditors and in all cases subject to the other requirements of applicable law; and

 

		(b)	any amendment is made to Article 49.4 that would affect the substance or timing of the Company's
obligation to redeem 100% of the Public Shares if the Company has not consummated an initial Business Combination prior to the
expiration of the Business Combination Period, each holder of Public Shares who is not a Founder, officer or Director shall be
provided with the opportunity to redeem their Public Shares upon the approval of any such amendment at a per-Share price, payable
in cash, equal to the aggregate amount then on deposit in the Trust Fund, including interest earned on the Trust Fund not previously
released to the Company (net of income taxes payable), divided by the number of then issued Public Shares.

 

		49.5	Except for the withdrawal of interest to pay income taxes, if any, none of the funds held in the
Trust Fund shall be released from the Trust Fund until the earlier of an IPO Redemption pursuant to Article 49.3, a repurchase
of Shares by means of a tender offer pursuant to Article 49.2(b), a distribution of the Trust Fund pursuant to Article 49.4(a)
or an amendment under Article 49.4(b). In no other circumstance shall a holder of Public Shares have any right or interest of any
kind in the Trust Fund.

 

		49.6	After the issue of Public Shares, and prior to the consummation of a Business Combination, the
Directors shall not issue additional Shares or any other securities that would entitle the holders thereof to: (a) receive funds
from the Trust Fund; or (b) vote on any Business Combination.

 

		49.7	The Directors shall be divided into three classes: Class A, Class B and Class C. The number of
Directors in each class shall be as nearly equal as possible. Upon the adoption of the Articles, the existing Directors shall by
resolution classify themselves as Class A, Class B or Class C Directors. The Class A Directors shall stand elected for a term expiring
at the Company's first annual general meeting, the Class B Directors shall stand elected for a term expiring at the Company's second
annual general meeting and the Class C Directors shall stand elected for a term expiring at the Company's third annual general
meeting. Commencing at the Company's first annual general meeting, and at each annual general meeting thereafter, Directors elected
to succeed those Directors whose terms expire shall be elected for a term of office to expire at the third succeeding annual general
meeting after their election. Except as the Statute or other applicable law may otherwise require, in the interim

 

    D-33

     

    

between annual
general meetings or extraordinary general meetings called for the election of Directors and/or the removal of one or more Directors
and the filling of any vacancy in that connection, additional Directors and any vacancies in the board of Directors, including
unfilled vacancies resulting from the removal of Directors for cause, may be filled by the vote of a majority of the remaining
Directors then in office, although less than a quorum (as defined in the Articles), or by the sole remaining Director. All Directors
shall hold office until the expiration of their respective terms of office and until their successors shall have been elected and
qualified. A Director elected to fill a vacancy resulting from the death, resignation or removal of a Director shall serve for
the remainder of the full term of the Director whose death, resignation or removal shall have created such vacancy and until his
successor shall have been elected and qualified. Holders of Class A Shares, Class B Shares and Preference Shares may nominate persons
for election as Director by sending a written notice addressed to the Company at One Madison Corporation, 3 East 28th
Street, 8th Floor, New York, New York 10016, by prepaid postal delivery, such notice to arrive at least twenty (20)
business days before the date of a general meeting at which the election of Directors is to be considered.

 

		49.8	The Company may enter into a Business Combination with a target business that is affiliated with
the Sponsor, the Directors or executive officers of the Company. In the event the Company seeks to complete an initial Business
Combination with a target that is affiliated with the Sponsor, executive officers or Directors, the Company, or a committee of
independent Directors, will obtain an opinion from an independent investment banking firm that is a member of the Financial Industry
Regulatory Authority or an independent accounting firm that such an initial Business Combination is fair to the Company from a
financial point of view.

 

    D-34Exhibit 10.11

 

 

FORWARD PURCHASE AGREEMENT

 

This Forward Purchase
Agreement (this “Agreement”) is entered into as of [               ], between One Madison Corporation, a Cayman
Islands exempted company (the “Company”), the party listed as the purchaser on the signature page hereof (the
“Purchaser”) and, solely for the purposes of Section 7 hereof, One Madison Group LLC (the “Sponsor”).

 

Recitals

 

WHEREAS, the Company
was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar
business combination with one or more businesses (a “Business Combination”);

 

WHEREAS, the Company
has confidentially submitted to the U.S. Securities and Exchange Commission (the “SEC”) a draft registration
statement on Form S-1 (the “Registration Statement”) for its initial public offering (“IPO”)
of units (the “Public Units”) at a price of $10.00 per Public Unit, each comprised of one Class A ordinary share
of the Company, par value $0.0001 per share (the “Class A Share(s)”), and one-half of one redeemable warrant,
where each whole redeemable warrant is exercisable to purchase one Class A Share at an exercise price of $11.50 per share (the
“Warrant(s)”);

 

WHEREAS, following
the closing of the IPO (the “IPO Closing”), the Company will seek to identify and consummate a Business Combination;

 

WHEREAS, the parties
wish to enter into this Agreement, pursuant to which (i) immediately prior to the closing of the Company’s initial Business
Combination (the “Business Combination Closing”), the Company shall issue and sell, and the Purchaser shall
purchase, on a private placement basis, the number of Class A ordinary shares, par value $0.0001 per share (the “Class
A Shares”) determined pursuant to Section 1(a)(ii) hereof (together, the “Forward Purchase Shares”)
and the applicable number of warrants (the “Warrants”) set forth on the signature page to this Agreement, with
one Warrant being issuable to the Purchaser per each increment of three Forward Purchase Shares actually issued and sold to the
Purchaser hereunder (the “Forward Purchase Warrant(s)” and together with the Forward Purchase Shares, the “Forward
Purchase Securities”) and (ii) concurrently herewith, the Company will issue and sell, and the Purchaser will purchase,
on a private placement basis, Class B ordinary shares of the Company, par value $0.0001 per share (the “Class B Share(s)”),
in an amount equal to the Class B Shares Purchase Amount (as defined in Exhibit B), in each case on the terms and conditions set
forth herein;

 

WHEREAS, the Class
B Shares are automatically convertible into Class A Shares following the Business Combination Closing on the terms and conditions
set forth in the Company’s memorandum and articles of association, as it may be amended from time to time (the “Charter”);

 

WHEREAS, the Company
has entered into or intends to concurrently with this Agreement enter into agreements (collectively, the “Forward Contracts”)
in the form of this Agreement with other parties (together with the Purchaser, the “Forward Contract Parties”
and each, a “Forward Contract Party”) for the purchase of Class A Shares and/or Class C ordinary shares of the
Company, par value $0.0001 per share (the “Class C Share(s)”) and Warrants upon the Business Combination Closing
(all Class A Shares and Class C Shares subject to be purchased pursuant to such Forward Contracts, together with the Forward Purchase
Shares, collectively, the “Total Forward Purchase Shares”), and for the purchase of Class B Shares upon execution
of such Forward Contracts;

 

NOW, THEREFORE, in
consideration of the premises, representations, warranties and the mutual covenants contained in this Agreement, and for other
good and valuable consideration, the receipt, sufficiency and adequacy of which are hereby acknowledged, the parties hereto agree
as follows:

 

     

    

    

 

Agreement

 

1. Sale and Purchase.

 

(a) Forward Purchase
Securities.

 

(i) The Company shall
issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, the number of Forward Purchase Shares set forth
on the signature page to this Agreement next to the line item “Number of Forward Purchase Shares,” plus the number
of Forward Purchase Warrants set forth on the signature page to this Agreement next to the line item “Number of Forward Purchase
Warrants,” for an aggregate purchase price of $10.00 multiplied by the number of Forward Purchase Shares issued and sold
hereunder (the “FPS Purchase Price”). No fractional Forward Purchase Warrants will be issued.

 

(ii) Each Forward Purchase
Warrant will have the same terms as each Warrant sold as part of the Public Units in the IPO (“Public Warrants”)
and will be subject to the terms and conditions of the Warrant Agreement to be entered into between the Company and Continental
Stock Transfer & Trust Company, as Warrant Agent, in connection with the IPO (the “Warrant Agreement”).
Each Forward Purchase Warrant will entitle the holder thereof to purchase one Class A Share at a price of $11.50 per share, subject
to adjustment as described in the Warrant Agreement, and only whole Forward Purchase Warrants will be exercisable. The Forward
Purchase Warrants will become exercisable on the later of thirty (30) days after the Business Combination Closing and twelve (12)
months from the closing of the IPO, and will expire at 5:00 p.m., New York City time, five (5) years after the Business Combination
Closing or earlier upon redemption or the liquidation of the Company, as described in the Warrant Agreement.

 

(iii) The Company shall
require the Purchaser to purchase the number of Forward Purchase Shares and the corresponding number of Forward Purchase Warrants
provided pursuant to Section 1(a)(i) hereof by delivering notice to the Purchaser, at least ten (10) Business Days before the funding
of the FPS Purchase Price to the escrow account, specifying the number of Forward Purchase Shares and Forward Purchase Warrants
the Purchaser is required to purchase, the anticipated date of the Business Combination Closing, the aggregate FPS Purchase Price
and instructions for wiring the FPS Purchase Price to an account of a third-party escrow agent which shall be the Company’s
transfer agent (the “Escrow Agent”) pursuant to an escrow agreement between the Company and the Escrow Agent
(the “Escrow Agreement”). At least two (2) Business Days before the anticipated date of the Business Combination
Closing specified in such notice, the Purchaser shall deliver the FPS Purchase Price in cash via wire transfer to the account specified
in such notice, to be held in escrow pending the Business Combination Closing. If the Business Combination Closing does not occur
within thirty (30) days after the Purchaser delivers the FPS Purchase Price to the Escrow Agent, the Escrow Agreement will provide
that the Escrow Agent automatically return to the Purchaser the FPS Purchase Price, provided that the return of the funds placed
in escrow shall not terminate the Agreement or otherwise relieve either party of any of its obligations hereunder. For the purposes
of this Agreement, “Business Day” means any day, other than a Saturday or a Sunday, that is neither a legal holiday
nor a day on which banking institutions are generally authorized or required by law or regulation to close in the City of New York,
New York.

 

(iv) The closing of
the sale of the Forward Purchase Securities (the “FPS Closing”) shall be held on the same date and immediately
prior to the Business Combination Closing (such date being referred to as the “Closing Date”). At the FPS Closing,
the Company will issue to the Purchaser the Forward Purchase Securities, each registered in the name of the Purchaser, against
(and concurrently with) release of the FPS Purchase Price by the Escrow Agent to the Company.

 

(b) Class B Shares.
The Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, the number of Class B Shares
set forth on the signature page to this Agreement next to the line item “Class B Shares Purchase Amount” which shall
be calculated in accordance with the definition of Class B Shares Purchase Amount set forth in Exhibit B, for a purchase
price of $0.01 per whole Class B Share. Certain of the Class B Shares acquired by the Purchaser hereunder are subject to forfeiture
in accordance with Section 6(b) hereof. The closing of the sale of the Class B

 

    2 

    

    

 

Shares
(the “Class B Share Closing”) shall take place concurrently with the execution of this Agreement. At the Class
B Share Closing, the Company will issue to the Purchaser the Class B Shares to be sold hereunder, each registered in the name
of the Purchaser, against (and concurrently with) delivery of the Class B Purchase Price in cash via wire transfer to an account
specified in writing by the Company no later than two (2) Business Days prior to the date hereof.

 

(c) Delivery of Securities.

 

(i) The Company shall
register the Purchaser as the owner of the Forward Purchase Securities and Class B Shares purchased by the Purchaser hereunder
(individually or collectively, the “Securities”) in the register of members of the Company and with the Company’s
transfer agent by book entry on or promptly after (but in no event more than two (2) Business Days after) the date of the FPS Closing
and the Class B Share Closing, respectively.

 

(ii) Each register
and book entry for the Securities shall contain a notation, and each certificate (if any) evidencing the Securities shall be stamped
or otherwise imprinted with a legend, in substantially the following form:

 

“THE SECURITIES REPRESENTED
HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE
OR OTHER JURISDICTION, AND MAY NOT BE TRANSFERRED IN VIOLATION OF SUCH ACT AND LAWS.

 

THE SALE, PLEDGE, HYPOTHECATION,
OR TRANSFER OF THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO THE TERMS AND CONDITIONS OF A CERTAIN FORWARD PURCHASE AGREEMENT
BY AND AMONG THE HOLDER AND THE OTHER PARTIES THERETO. COPIES OF SUCH AGREEMENT MAY BE OBTAINED UPON WRITTEN REQUEST TO THE SECRETARY
OF THE COMPANY.”

 

(d) Legend Removal.
Following the expiration of the transfer restrictions set forth in Section 6(a), if the Securities are eligible to be sold without
restriction under, and without the Company being in compliance with the current public information requirements of, Rule 144 under
the Securities Act of 1933, as amended (the “Securities Act”), then at the Purchaser’s request, the Company
will cause the Company’s transfer agent to remove the legend set forth in Section 1(c)(ii). In connection therewith, if required
by the Company’s transfer agent, the Company will promptly cause an opinion of counsel to be delivered to and maintained
with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent that
authorize and direct the transfer agent to issue such Securities without any such legend; provided, that, notwithstanding the foregoing,
the Company will not be required to deliver any such opinion, authorization, certificate or direction if it reasonably believes
that removal of the legend could result in or facilitate transfers of Securities in violation of applicable law.

 

(e) Registration Rights.
The Purchaser shall have registration rights as set forth on Exhibit A (the “Registration Rights”).

 

2. Representations
and Warranties of the Purchaser. The Purchaser represents and warrants to the Company as follows, as of the date hereof:

 

(a) Organization and
Power. If an entity, the Purchaser is duly organized, validly existing, and in good standing under the laws of the jurisdiction
of its formation (if the concept of “good standing” is a recognized concept in such jurisdiction) and has all requisite
power and authority to carry on its business as presently conducted and as proposed to be conducted.

 

(b) Authorization.
The Purchaser has full authority to enter into this Agreement. This Agreement, when executed and delivered by the Purchaser, will
constitute the valid and legally binding obligation of the Purchaser, enforceable in accordance with its terms, except (a) as limited
by applicable

 

    3 

    

    

 

bankruptcy,
insolvency, reorganization, moratorium, fraudulent conveyance and any other laws of general application affecting enforcement
of creditors’ rights generally, (b) as limited by laws relating to the availability of specific performance, injunctive
relief or other equitable remedies, or (c) to the extent the indemnification provisions contained in the Registration Rights may
be limited by applicable federal or state securities laws.

 

(c) Governmental Consents
and Filings. No consent, approval, order or authorization of, or registration, qualification, designation, declaration or filing
with, any federal, state or local governmental authority is required on the part of the Purchaser in connection with the consummation
of the transactions contemplated by this Agreement.

 

(d) Compliance with
Other Instruments. The execution, delivery and performance by the Purchaser of this Agreement and the consummation by the Purchaser
of the transactions contemplated by this Agreement will not result in any violation or default (i) of any provisions of its organizational
documents, if applicable, (ii) of any instrument, judgment, order, writ or decree to which it is a party or by which it is bound,
(iii) under any note, indenture or mortgage to which it is a party or by which it is bound, (iv) under any lease, agreement, contract
or purchase order to which it is a party or by which it is bound or (v) of any provision of federal or state statute, rule or regulation
applicable to the Purchaser, in each case (other than clause (i)), which would have a material adverse effect on the Purchaser
or its ability to consummate the transactions contemplated by this Agreement.

 

(e) Purchase Entirely
for Own Account. This Agreement is made with the Purchaser in reliance upon the Purchaser’s representation to the Company,
which by the Purchaser’s execution of this Agreement, the Purchaser hereby confirms, that the Securities to be acquired by
the Purchaser will be acquired for investment for the Purchaser’s own account, not as a nominee or agent, and not with a
view to the resale or distribution of any part thereof, and that the Purchaser has no present intention of selling, granting any
participation in, or otherwise distributing the same in violation of law. By executing this Agreement, the Purchaser further represents
that the Purchaser does not presently have any contract, undertaking, agreement or arrangement with any Person to sell, transfer
or grant participations to such Person or to any third Person, with respect to any of the Securities. If the Purchaser was formed
for the specific purpose of acquiring the Securities, each of its equity owners is an accredited investor as defined in Rule 501(a)
of Regulation D promulgated under the Securities Act. For purposes of this Agreement, “Person” means an individual,
a limited liability company, a partnership, a joint venture, a corporation, a trust, an unincorporated organization, any other
entity or any government or any department or agency thereof.

 

(f) Disclosure of
Information. The Purchaser has had an opportunity to discuss the Company’s business, management, financial affairs and
the terms and conditions of the offering of the Securities, as well as the terms of the Company’s proposed IPO, with the
Company’s management.

 

(g) Restricted Securities.
The Purchaser understands that the Securities have not been, and will not be, registered under the Securities Act, by reason of
a specific exemption from the registration provisions of the Securities Act which depends upon, among other things, the bona fide
nature of the investment intent and the accuracy of the Purchaser’s representations as expressed herein. The Purchaser understands
that the Securities are “restricted securities” under applicable U.S. federal and state securities laws and that, pursuant
to these laws, the Purchaser must hold the Securities indefinitely unless they are registered with the SEC and qualified by state
authorities, or an exemption from such registration and qualification requirements is available. The Purchaser acknowledges that
the Company has no obligation to register or qualify the Securities, or any Class A Shares into which they may be converted into
or exercised for, for resale, except for the Registration Rights. The Purchaser further acknowledges that if an exemption from
registration or qualification is available, it may be conditioned on various requirements including, but not limited to, the time
and manner of sale, the holding period for the Securities, and on requirements relating to the Company which are outside of the
Purchaser’s control, and which the Company is under no obligation and may not be able to satisfy. The Purchaser acknowledges
that the Company confidentially submitted the Registration Statement for its proposed IPO. The Purchaser understands that the offering
of

 

    4 

    

    

  

the
Securities is not and is not intended to be part of the IPO, and that the Purchaser will not be able to rely on the protection
of Section 11 of the Securities Act.

 

(h) No Public Market.
The Purchaser understands that no public market now exists for the Securities, and that the Company has made no assurances that
a public market will ever exist for the Securities.

 

(i) High Degree of
Risk. The Purchaser understands that its agreement to purchase the Securities involves a high degree of risk which could cause
the Purchaser to lose all or part of its investment, and that it will be contractually obligated to vote its Class B Shares in
favor of the Company’s initial Business Combination.

 

(j) Accredited Investor.
The Purchaser is an accredited investor as defined in Rule 501(a) of Regulation D promulgated under the Securities Act.

 

(k) Foreign Investors.
If the Purchaser is not a United States person (as defined by Section 7701(a)(30) of the Code), the Purchaser hereby represents
that it has satisfied itself as to the full observance of the laws of its jurisdiction in connection with any invitation to subscribe
for the Securities or any use of this Agreement, including (i) the legal requirements within its jurisdiction for the purchase
of the Securities, (ii) any foreign exchange restrictions applicable to such purchase, (iii) any governmental or other consents
that may need to be obtained, and (iv) the income tax and other tax consequences, if any, that may be relevant to the purchase,
holding, redemption, sale, or transfer of the Securities. The Purchaser’s subscription and payment for and continued beneficial
ownership of the Securities will not violate any applicable securities or other laws of the Purchaser’s jurisdiction.

 

(l) No General Solicitation.
Neither the Purchaser, nor any of its officers, directors, employees, agents, stockholders or partners has either directly or indirectly,
including, through a broker or finder (i) to its knowledge, engaged in any general solicitation, or (ii) published any advertisement
in connection with the offer and sale of the Securities.

 

(m) Residence.
If the Purchaser is an individual, then the Purchaser resides in the state or province identified in the address of the Purchaser
set forth on the signature page hereof; if the Purchaser is a partnership, corporation, limited liability company or other entity,
then its principal place of business is the office or offices located at the address or addresses of the Purchaser set forth on
the signature page hereof.

 

(n) Non-Public Information.
The Purchaser acknowledges its obligations under applicable securities laws with respect to the treatment of non-public information
relating to the Company.

 

(o) Adequacy of Financing.
The Purchaser has available to it sufficient funds to satisfy its obligations under this Agreement.

 

(p) Affiliation of
Certain FINRA Members. The Purchaser is neither a person associated nor affiliated with Credit Suisse Securities (USA) LLC
or Merrill Lynch, Pierce, Fenner & Smith Incorporated or, to its actual knowledge, any other member of the Financial Industry
Regulatory Authority (“FINRA”) that is participating in the IPO.

 

(q) No Other Representations
and Warranties; Non-Reliance. Except for the specific representations and warranties contained in this Section 2 and in any
certificate or agreement delivered pursuant hereto, none of the Purchaser nor any person acting on behalf of the Purchaser nor
any of the Purchaser’s affiliates (the “Purchaser Parties”) has made, makes or shall be deemed to make
any other express or implied representation or warranty with respect to the Purchaser and this offering, and the Purchaser Parties
disclaim any such representation or warranty. Except for the specific representations and warranties expressly made by the Company
in Section 3 of this Agreement and in any certificate or agreement delivered pursuant hereto, the Purchaser Parties specifically
disclaim that they are relying upon

 

    5 

    

    

 

any
other representations or warranties that may have been made by the Company, any person on behalf of the Company or any of the
Company’s affiliates (collectively, the “Company Parties”).

 

3. Representations
and Warranties of the Company. The Company represents and warrants to the Purchaser as follows:

 

(a) Organization and
Corporate Power. The Company is an exempted company duly incorporated and validly existing and in good standing as an exempted
company under the laws of the Cayman Islands and has all requisite corporate power and authority to carry on its business as presently
conducted and as proposed to be conducted. The Company has no subsidiaries.

 

(b) Capitalization.
The authorized share capital of the Company consists, immediately prior to the Class B Share Closing, of:

 

(i) 200,000,000 Class
A Shares, none of which are issued and outstanding.

 

(ii) 25,000,000 Class
B Shares, 7,187,500 of which are issued and outstanding and held by the Sponsor. All of the outstanding Class B Shares have been
duly authorized, are fully paid and nonassessable and were issued in compliance with all applicable federal and state securities
laws. Immediately following the sale of the Class B Shares to the Forward Contract Parties, there will be a total of 10,937,500
Class B Shares issued and outstanding, 7,187,500 of which will be held by the Sponsor and an aggregate of 3,750,000 of which will
be held by the Forward Contract Parties.

 

(iii) 200,000,000 Class
C Shares, none of which are issued and outstanding.

 

(iv) 1,000,000 preferred
shares, none of which are issued and outstanding.

 

(c) Authorization.
All corporate action required to be taken by the Company’s Board of Directors and shareholders in order to authorize the
Company to enter into this Agreement, and to issue the Securities at the Class B Share Closing and the FPS Closing, and the securities
issuable upon conversion or exercise of the Securities, has been taken or will be taken prior to the Class B Share Closing and
the FPS Closing, as applicable. All action on the part of the shareholders, directors and officers of the Company necessary for
the execution and delivery of this Agreement, the performance of all obligations of the Company under this Agreement to be performed
as of the Class B Share Closing and the FPS Closing, and the issuance and delivery of the Securities and the securities issuable
upon conversion or exercise of the Securities has been taken or will be taken prior to the Class B Share Closing and the FPS Closing,
as applicable. This Agreement, when executed and delivered by the Company, shall constitute the valid and legally binding obligation
of the Company, enforceable against the Company in accordance with its terms except (i) as limited by applicable bankruptcy, insolvency,
reorganization, moratorium, fraudulent conveyance, or other laws of general application relating to or affecting the enforcement
of creditors’ rights generally, (ii) as limited by laws relating to the availability of specific performance, injunctive
relief, or other equitable remedies, or (iii) to the extent the indemnification provisions contained in the Registration Rights
may be limited by applicable federal or state securities laws.

 

(d) Valid Issuance
of Securities.

 

(i) The Securities,
when issued, sold and delivered in accordance with the terms and for the consideration set forth in this Agreement and registered
in the register of members of the Company, and the securities issuable upon conversion or exercise of the Securities, when issued
in accordance with the terms of the Securities and this Agreement, and registered in the register of members of the Company, will
be validly issued, fully paid and nonassessable and free of all preemptive or similar rights, taxes, liens, encumbrances and charges
with respect to the issue thereof and restrictions on transfer other than restrictions on transfer specified under this Agreement,
applicable state and federal securities laws and liens or encumbrances created by or imposed by the Purchaser. Assuming the accuracy
of the

 

    6 

    

    

 

representations
of the Purchaser in this Agreement and subject to the filings described in Section 3(e) below, the Securities will be issued in
compliance with all applicable federal and state securities laws.

 

(ii) No “bad
actor” disqualifying event described in Rule 506(d)(1)(i)-(viii) of the Securities Act (a “Disqualification Event”)
is applicable to the Company or, to the Company’s knowledge, any Company Covered Person (as defined below), except for a
Disqualification Event as to which Rule 506(d)(2)(ii–iv) or (d)(3), is applicable. “Company Covered Person”
means, with respect to the Company as an “issuer” for purposes of Rule 506 promulgated under the Securities Act, any
Person listed in the first paragraph of Rule 506(d)(1).

 

(e) Governmental Consents
and Filings. Assuming the accuracy of the representations and warranties made by the Purchaser in this Agreement, no consent,
approval, order or authorization of, or registration, qualification, designation, declaration or filing with, any federal, state
or local governmental authority is required on the part of the Company in connection with the consummation of the transactions
contemplated by this Agreement, except for filings pursuant to Regulation D of the Securities Act, and applicable state securities
laws.

 

(f) Compliance with
Other Instruments. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated
by this Agreement will not result in any violation or default (i) of any provisions of its articles of association, Charter or
other governing documents, (ii) of any instrument, judgment, order, writ or decree to which it is a party or by which it is bound,
(iii) under any note, indenture or mortgage to which it is a party or by which it is bound, (iv) under any lease, agreement, contract
or purchase order to which it is a party or by which it is bound or (v) of any provision of federal or state statute, rule or regulation
applicable to the Company, in each case (other than clause (i)) which would have a material adverse effect on the Company or its
ability to consummate the transactions contemplated by this Agreement.

 

(g) Operations.
As of the date hereof, the Company has not conducted, and prior to the IPO Closing the Company will not conduct, any operations
other than organizational activities and activities in connection with offerings of the Securities.

 

(h) Foreign Corrupt
Practices. Neither the Company, nor any director, officer, agent, employee or other Person acting on behalf of the Company
has, in the course of its actions for, or on behalf of, the Company (i) used any corporate funds for any unlawful contribution,
gift, entertainment or other unlawful expenses relating to political activity; (ii) made any direct or indirect unlawful payment
to any foreign or domestic government official or employee from corporate funds; (iii) violated or is in violation of any provision
of the U.S. Foreign Corrupt Practices Act of 1977, as amended; or (iv) made any unlawful bribe, rebate, payoff, influence payment,
kickback or other unlawful payment to any foreign or domestic government official or employee.

 

(i) Compliance with
Anti-Money Laundering Laws. The operations of the Company are and have been conducted at all times in compliance with applicable
financial recordkeeping and reporting requirements and all other applicable U.S. and non-U.S. anti-money laundering laws and regulations,
including, but not limited to, those of the Currency and Foreign Transactions Reporting Act of 1970, as amended, the USA Patriot
Act of 2001 and the applicable money laundering statutes of all applicable jurisdictions, the rules and regulations thereunder
and any related or similar rules, regulations or guidelines, issued, administered or enforced by any governmental agency (collectively,
the “Anti-Money Laundering Laws”), and no action, suit or proceeding by or before any court or governmental
agency, authority or body or any arbitrator involving the Company with respect to the Anti-Money Laundering Laws is pending or,
to the knowledge of the Company, threatened.

 

(j) Absence of Litigation.
There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory
organization or body pending or, to the knowledge of the Company, threatened against or affecting the Company or any of the Company’s
officers or directors, whether of a civil or criminal nature or otherwise, in their capacities as such.

 

    7 

    

    

 

(k) No General Solicitation.
Neither the Company, nor any of its officers, directors, employees, agents or stockholders has either directly or indirectly, including,
through a broker or finder (i) engaged in any general solicitation, or (ii) published any advertisement in connection with the
offer and sale of the Securities.

 

(l) Issuance Totals.
Prior to or concurrently with the execution and delivery of this Agreement the Company has or is entering into forward purchase
agreements providing for the sale of an aggregate of 3,750,000 Class B Shares, and the purchase of up to an aggregate of 15,000,000
Forward Purchase Shares and 5,000,000 Forward Purchase Warrants (in each case including the Class B Shares, Forward Purchase Shares
and Forward Purchase Warrants purchased and sold under this Agreement).

 

(m) [reserved]

 

(n) No Other Representations
and Warranties; Non-Reliance. Except for the specific representations and warranties contained in this Section 3 and in any
certificate or agreement delivered pursuant hereto, none of the Company Parties has made, makes or shall be deemed to make any
other express or implied representation or warranty with respect to the Company, this offering, the proposed IPO or a potential
Business Combination, and the Company Parties disclaim any such representation or warranty. Except for the specific representations
and warranties expressly made by the Purchaser in Section 2 of this Agreement and in any certificate or agreement delivered pursuant
hereto, the Company Parties specifically disclaim that they are relying upon any other representations or warranties that may have
been made by the Purchaser Parties.

 

4. Right of First
Refusal. Subject to the terms and conditions of this Section 4, if, in connection with or prior to the Business Combination
Closing, the Company proposes to issue any equity securities, or securities convertible into, exchangeable or exercisable for equity
securities (including working capital loans to the Company to finance transaction costs in connection with an intended initial
Business Combination to the extent they may be convertible at the option of the lender into warrants of the post-Business Combination
entity (“Working Capital Loans”)), other than the Public Units (and their component Class A Shares (the “Public
Shares”) and Public Warrants) and Excluded Securities (as defined below) (“New Equity Securities”),
or offer or seek commitments for any New Equity Securities to backstop any such capital raise, the Company shall first make an
offer of the New Equity Securities to the Purchaser in accordance with the following provisions of this Section 4:

 

(a) Offer Notice.

 

(i) The Company shall
give written notice (the “Offering Notice”) to the Purchaser and the other Forward Contract Parties stating
its bona fide intention to offer the New Equity Securities and specifying the number of New Equity Securities and the material
terms and conditions, including the price, pursuant to which the Company proposes to offer the New Equity Securities and the applicable
pro rata share of such New Equity Securities offered to the Purchaser pursuant to such Offering Notice.

 

(ii) The Offering Notice
shall constitute the Company’s offer to sell the New Equity Securities to the Purchaser and the other Forward Contract Parties,
which offer shall be irrevocable for a period of ten (10) Business Days (the “ROFR Notice Period”).

 

(b) Exercise of Right
of First Refusal.

 

(i) Upon receipt of
the Offering Notice, the Purchaser shall have until the end of the ROFR Notice Period to accept the Company’s offer to purchase
all (but not less than all) of its pro rata share of the New Equity Securities, based on the number of Forward Purchase
Shares the Purchaser has agreed to purchase hereunder out of the total number of Class A Shares that the Purchaser and other Forward
Contract Parties have agreed to purchase at the FPS Closing, by delivering a written notice (a “ROFR Notice”)
to the Company stating that it accepts the Company’s offer to purchase such New Equity

 

    8 

    

    

 

Securities
on the terms specified in the Offering Notice. Any ROFR Notice so delivered shall be binding upon delivery and irrevocable by
the Purchaser.

 

(ii) If the Purchaser
does not deliver a ROFR Notice during the ROFR Notice Period, the Purchaser shall be deemed to have waived all of the Purchaser’s
rights to purchase the New Equity Securities offered pursuant to the Offering Notice under this Section 4. Thereafter, the Company
shall, within five (5) Business Days after the expiration of the ROFR Notice Period, give an Offering Notice to all other Forward
Contract Parties who have delivered a ROFR Notice to the Company during the ROFR Notice Period accepting the Company’s initial
offer to purchase the New Equity Securities, informing them that they have the right to increase the number of New Equity Securities
that they have accepted pursuant to the initial ROFR Notice. Each such Forward Contract Party shall then have two (2) Business
Days (the “Subsequent Offering Period”) in which to accept such second offer, by giving notice of acceptance
(the “Subsequent ROFR Notice”) to the Company prior to the expiration of the Subsequent Offering Period, as
to such Forward Contract Party’s pro rata share of the Purchaser’s portion of the New Equity Securities not
accepted pursuant to the initial Offering Notice to the Purchaser.

 

(iii) If any Forward
Contract Party does not deliver the Subsequent Offer Notice to the Company prior to the expiration of the Subsequent Offering Period,
such Forward Contract Party shall be deemed to have waived all of such party’s rights to purchase New Equity Securities in
such second offer by the Company. The Company shall thereafter be free to sell or enter into an agreement to sell the Purchaser’s
pro rata portion of such New Equity Securities to any third party (including any other Forward Contract Parties who accepted
such second offer) without any further obligation to the Purchaser pursuant to this Section 4 within the ninety (90) day period
thereafter (and with respect to an agreement to sell, consummate such sale at any time thereafter) on terms and conditions not
more favorable to the third party than those set forth in any Offering Notice. If the Company does not sell or enter into an agreement
to sell the Purchaser’s pro rata portion of the New Equity Securities within such period, the rights provided hereunder shall
be deemed to be revived and the New Equity Securities shall not be offered to any third party unless first re-offered to the Purchaser
in accordance with this Section 4.

 

(c) Excluded Securities.
For purposes hereof, the term “Excluded Securities” means Class B Shares (and Class A Shares and/or Class C
Shares for which such Class B Shares are convertible) issued to the Sponsor prior to the IPO, private placement warrants issued
by the Company to the Forward Contract Parties in connection with the IPO for $1.00 per warrant for an aggregate of $7,000,000
(or $7,750,000 if the underwriters’ over-allotment option is exercised in full) and which have the same exercise price as
the Warrants (“Private Placement Warrants”) issued pursuant to a private placement agreement between the Forward
Contract Parties and the Company (the “Private Placement Warrant Agreement”), warrants issued upon the conversion
of Working Capital Loans, any securities issued by the Company as consideration to any seller in the Business Combination, any
Class A Shares, Class B Shares (and Class A Shares and/or Class C Shares for which such Class B Shares are convertible), Class
C Shares (and Class A Shares for which such Class C Shares are convertible) and Forward Purchase Warrants issued pursuant to this
Agreement or the Forward Contracts.

 

(d) Additional Private
Placements. Notwithstanding anything to the contrary contained herein, prior to the IPO, the Company will not issue or agree
to issue any securities (other than Forward Purchase Securities in the amounts set forth in Section 3(l), Private Placement
Warrants and the Public Units) without the Purchaser’s prior written consent.

 

5. Business Combination
Consent Right.

 

(a) Prior to entering
into any definitive agreement setting forth the terms and conditions of, and binding the Company (subject to any conditions and
qualifications set forth in such agreement) to effect, a Business Combination, any agreement relating to the forfeiture of founder
shares or any other material agreement to be executed in connection with such definitive agreement (collectively, a “Business
Combination Agreement”), the Company shall give written notice (the “BC Notice”) to the Purchaser
and the other Forward Contract Parties stating its bona fide intention to enter into a Business Combination Agreement. The Company
will provide the Forward Contract Parties with applicable materials and

 

    9 

    

    

 

information
in order for the Forward Contract Parties to evaluate whether to provide a consent to the proposed Business Combination pursuant
to paragraph (b) below including the material terms of the transaction and any other information reasonably requested by the Purchaser
with respect to the proposed Business Combination, such materials and information to be provided subject to the terms of a non-disclosure
agreement to be entered between the Company and the Forward Contract Parties in accordance with applicable law (including Regulation
FD under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) and the Company’s contractual
obligations; provided, that the Company shall have the right to refuse to provide any such materials or information if,
in the opinion of the Company, acting reasonably and in good faith having received the advice of counsel, the provision of such
materials or information could violate applicable laws or regulations or result in any waiver of legal privilege of the Company;
and provided, further, that if the target entity’s equity or debt securities are traded on a securities exchange
or over-the-counter market, prior to providing such materials and information, the Company will first provide only the name of
the potential target to a person designated by each Forward Contract Party as authorized to receive such information so that such
Forward Contract Party can determine if it has an internal restriction on the receipt of such materials or information. If the
Business Combination is approved pursuant to paragraph (c) below and the Company enters into a definitive agreement with respect
thereto, the Company will disclose all material nonpublic information concerning the Business Combination that is required to
be disclosed in the proxy statement or otherwise. In addition, at the election of any Forward Contract Party, the Company and
the Sponsor will use commercially reasonable efforts to allow such Forward Contract Party to attend or participate in due diligence
sessions with and/or meetings with management of the target entity in a potential Business Combination, subject, in each case,
to such Forward Contract Party entering into a non-disclosure agreement with the applicable target entity in a potential Business
Combination and complying with other applicable rules and procedures established by such target entity.

 

(b) Upon receipt of the
BC Notice, the Purchaser shall have ten (10) Business Days (the “Initial BC Notice Period”) to deliver to the
Company a written notice (the “Response Notice”), which shall specify whether the Purchaser consents to the
Business Combination. Any Response Notice so delivered shall be binding upon delivery and irrevocable by the Purchaser. If the
Purchaser does not deliver a Response Notice before the expiration of the Initial BC Notice Period, the Purchaser shall be deemed
to have not consented to the Business Combination. If the terms of the proposed Business Combination Agreement, or, to the knowledge
of the Company, the condition of the target in the subject transaction, change materially following the Purchaser’s consent
to the Business Combination and before the Company enters into a definitive agreement with respect thereto, the Company will provide
a subsequent BC Notice to Purchaser which shall describe such material changes. Upon receipt of the subsequent BC Notice, Purchaser
shall have ten (10) Business Days (the “Second BC Notice Period”) to deliver a written notice (the “Second
Response Notice”), which shall specify whether the Purchaser still consents to the Business Combination to the Company.
Any Second Response Notice so delivered shall be binding upon delivery and irrevocable by the Purchaser. If the Purchaser does
not deliver the Second Response Notice before the expiration of the Second BC Notice Period, the Purchaser shall be deemed to have
not consented to the Business Combination notwithstanding any prior consent delivered by the Purchaser prior to the expiration
of the Initial BC Notice Period.

 

(c) Prior to entering
into a Business Combination Agreement, the Company shall have received the consent of Forward Contract Parties that have committed
to purchase more than 50% of the Total Forward Purchase Shares as contemplated under clauses (a) and (b) of this Section 5 (the
“Business Combination Condition”).

 

(d) After the Company
has entered into a Business Combination Agreement, the Company shall give written notice (the “Amendment Notice”)
to the Purchaser and the other Forward Contract Parties in the event that any material amendment to such Business Combination Agreement
is proposed, describing in detail such material amendment. Upon receipt of the Amendment Notice, the Purchaser shall have ten (10)
Business Days (the “Amendment Notice Period”) to deliver to the Company a written notice (the “Amendment
Response”), which shall specify whether the Purchaser consents to the amendment to the Business Combination Agreement.
Any Amendment Response so delivered shall be binding upon delivery and irrevocable by the Purchaser. If Purchaser does not deliver
an Amendment Response before the

 

    10 

    

    

 

expiration
of the Amendment Notice Period, the Purchaser shall be deemed to have not consented to the amendment to the Business Combination
Agreement. Prior to entering into any such material amendment to a Business Combination Agreement, the Company shall have received
the consent of Forward Contract Parties that have committed to purchase more than 50% of the Total Forward Purchase Shares.

 

6. Additional Agreements
and Acknowledgements of the Purchaser.

 

(a) Lock-up; Transfer
Restrictions. The Purchaser agrees that it shall not Transfer (as defined below) any Class B Shares and the Class A Shares
into which the Class B Shares are convertible, until the earlier of (A) one year after the Business Combination Closing and (B)
the date following the Business Combination Closing on which the Company completes a liquidation, merger, share exchange or other
similar transaction that results in all of the Company’s ordinary shareholders having the right to exchange their ordinary
shares of the Company for cash, securities or other property (the “Lock-up Period”). Notwithstanding the foregoing,
if, subsequent to a Business Combination, the closing price of the Class A Shares equals or exceeds $12.00 per share (as adjusted
for share splits, share dividends, reorganizations, recapitalizations and the like) for any twenty (20) trading days within any
thirty (30) trading day period commencing at least one hundred and fifty (150) days after the Business Combination Closing, the
Class B Shares (and the Class A Shares into which the Class B Shares are convertible) shall be released from the lockup referenced
herein. Notwithstanding the first sentence hereinabove, Transfers of the Class B Shares (and the Class A Shares into which the
Class B Shares are convertible) are permitted (i) to the Company’s officers or directors, any affiliates or family members
of any of the Company’s officers or directors, any members of the Sponsor or their affiliates, or any affiliates of the Sponsor;
(ii) in the case of an individual, by a bona fide gift or transfer to a member(s) of the individual’s immediate family
or to a trust, the beneficiary of which is a member of one of the individual’s immediate family, an affiliate of such person,
or in the case of any Person, by gift or transfer to a charitable organization; (iii) in the case of an individual, by virtue of
laws of descent and distribution upon death of the individual; (iv) in the case of an individual, pursuant to a qualified domestic
relations order; (v) by private sales or transfers made in connection with the consummation of a Business Combination at prices
no greater than the price at which the Class B Shares were originally purchased; (vi) in the event of the Company’s liquidation,
bankruptcy or dissolution prior to the completion of a Business Combination; (vii) in the event of completion of a liquidation,
merger, share exchange or other similar transaction which results in all of the Company’s shareholders having the right to
exchange their ordinary shares of the Company for cash, securities or other property subsequent to the completion of a Business
Combination; (viii) as a bona fide gift or gifts; (ix) as a distribution to limited partners, members or stockholders of
the Purchaser; (x) to the Purchaser’s affiliates, to any investment fund or other entity controlled or managed by the Purchaser,
or to any investment manager or investment advisor of the Purchaser or an affiliate of any such investment manager or investment
advisor, (xi) to a nominee or custodian of a person or entity to whom a disposition or transfer would be permissible under clauses
(i) through (x) above, and (xii) pursuant to an order of a court or regulatory agency; provided, however, that in
the case of clauses (i) through (vi) and clauses (viii) through (xi), these permitted transferees must enter into a written agreement
agreeing to be bound by these transfer restrictions. As used in this Agreement, “Transfer” shall mean the (x)
sale of, offer to sell, contract or agreement to sell, hypothecation, pledge, grant of any option to purchase or otherwise dispose
of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation
with respect to or decrease of a call equivalent position (within the meaning of Section 16 of the Exchange Act, and the rules
and regulations of the SEC promulgated thereunder) with respect to, any of the Securities (excluding any pledges in the ordinary
course of business for bona fide financing purposes or as part of prime brokerage arrangements; provided, that for so long
as the restrictions on Transfer set forth in the first sentence of Section 7(b) of this Agreement remain in effect, no such pledges
shall be effected by the Sponsor or Omar M. Asali (including any controlled affiliates of Omar M. Asali) without the prior written
consent of Forward Contract Parties that have committed to purchase more than 50% of the Total Forward Purchase Shares), (y) entry
into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership
of any of the Securities, whether any such transaction is to be settled by delivery of such Securities, in cash or otherwise, or
(z) public announcement of any intention to effect any transaction specified in clause (x) or (y). For the avoidance of doubt,
this Section 6(a) shall not restrict the ability to exercise any Forward Purchase Warrants in accordance with their terms.

 

    11 

    

    

 

(b) Potential Forfeitures.

 

(i) Complete Forfeiture
Upon Failure to Fund. The Purchaser agrees that, to the extent that it fails to pay the FPS Purchase Price when required in
accordance with Section 1 hereof and such failure to pay remains uncured after five (5) Business Days’ notice from the Company,
the Purchaser shall forfeit to the Company all of its Class B Shares. If the Purchaser fails to forfeit any Class B Shares it is
required to forfeit hereunder, the Purchaser hereby grants hereunder to the Company and any representative designated by the Company
without further action by the Purchaser a limited irrevocable power of attorney to effect such forfeiture on behalf of the Purchaser,
which power of attorney shall be deemed to be coupled with an interest.

 

(ii) Partial Forfeiture
in Connection with Business Combination Closing. If, in connection with the Business Combination Closing, the Sponsor agrees
to forfeit any Class B Shares to the Company at no cost (other than pursuant to Section 7(a) of this Agreement) or subject its
Class B Shares to contractual terms or restrictions, convert its Class B Shares into other securities or contractual rights or
otherwise modify the terms of its Class B Shares, and the agreement relating to such forfeiture shall have received the consent
of Forward Contract Parties that have committed to purchase more than 50% of the Total Forward Purchase Shares (each a “Class
B Change”), then the Purchaser agrees to forfeit, subject, convert or modify its Class B Shares on a pro rata basis and
on the same terms as the Sponsor, and hereby grants to the Company and any representative designated by the Company without further
action by the Purchaser a limited irrevocable power of attorney to effect such forfeiture or Class B Change on behalf of the Purchaser,
which power of attorney shall be deemed to be coupled with an interest.

 

(iii) Nature of
Forfeitures. Any forfeiture under this Agreement shall take effect as a surrender for no consideration as a matter of Cayman
Islands law.

 

(c) Trust Account.

 

(i) The Purchaser hereby
acknowledges that it is aware that the Company will establish a trust account (the “Trust Account”) for the
benefit of its public shareholders upon the closing of the IPO. The Purchaser, for itself and its affiliates, hereby agrees that
it has no right, title, interest or claim of any kind in or to any monies held in the Trust Account, or any other asset of the
Company as a result of any liquidation of the Company, except for redemption and liquidation rights, if any, the Purchaser may
have in respect of any Public Shares held by it.

 

(ii) The Purchaser
hereby agrees that it shall have no right of set-off or any right, title, interest or claim of any kind (“Claim”)
to, or to any monies in, the Trust Account, and hereby irrevocably waives any Claim to, or to any monies in, the Trust Account
that it may have now or in the future, except for redemption and liquidation rights, if any, the Purchaser may have in respect
of any Public Shares held by it. In the event the Purchaser has any Claim against the Company under this Agreement, the Purchaser
shall pursue such Claim solely against the Company and its assets outside the Trust Account and not against the property or any
monies in the Trust Account, except for redemption and liquidation rights, if any, the Purchaser may have in respect of any Public
Shares held by it.

 

(d) Redemption and
Liquidation. The Purchaser hereby waives, with respect to any Class B Shares (including the Class A Shares into which such
Class B Shares are convertible) held by it, any redemption rights it may have in connection with (i) the consummation of a Business
Combination, including any such rights available in the context of a shareholder vote to approve such Business Combination and
(ii) any shareholder vote to approve an amendment to the Charter that would affect the substance or timing of the Company’s
obligation to redeem 100% of the Class A Shares sold in the IPO if the Company has not consummated an initial Business Combination
within the time period set forth in the Charter or in the context of a tender offer made by the Company to purchase Class A Shares,
it being understood that the. Purchaser shall be entitled to redemption and liquidation rights with respect to any Public Shares
held by it.

 

    12 

    

    

 

(e) Voting. Subject
to the conditions set forth in Section 5 hereof, the Purchaser hereby agrees that if the Company seeks shareholder approval of
a proposed Business Combination, then in connection with such proposed Business Combination, the Purchaser shall vote any Class
B Shares and Class A Shares owned by it in favor of any proposed Business Combination. If the Purchaser fails to vote any Class
B Shares or Class A Shares it is required to vote hereunder in favor of a Proposed Business Combination, the Purchaser hereby grants
hereunder to the Company and any representative designated by the Company without further action by the Purchaser a limited irrevocable
power of attorney to effect such vote on behalf of the Purchaser, which power of attorney shall be deemed to be coupled with an
interest.

 

(f) No Short Sales.
The Purchaser hereby agrees that neither it, nor any person or entity acting on its behalf or pursuant to any understanding with
it, will engage in any Short Sales with respect to securities of the Company prior to the Business Combination Closing. For purposes
of this Section, “Short Sales” shall include all “short sales” as defined in Rule 200 promulgated
under Regulation SHO under the Exchange Act, and all types of direct and indirect stock pledges (other than pledges in the ordinary
course of business as part of prime brokerage arrangements), forward sale contracts, options, puts, calls, swaps and similar arrangements
(including on a total return basis), and sales and other transactions through non-U.S. broker dealers or foreign regulated brokers.

 

7. Additional Agreements
of the Sponsor and the Company.

 

(a) Potential Forfeiture
by Sponsor. Upon the redemption of Public Shares by any public shareholder in connection with the shareholder vote to approve
the Business Combination as provided for in the Charter (each a “Public Share Redemption”), the Sponsor agrees
to forfeit to the Company at no cost one Class B Share for each four (4) Public Shares redeemed in the Public Share Redemption;
provided, that in no event shall the Sponsor forfeit any fractional Class B Share.

 

(b) Sponsor Class
B Share Lock-up. The Sponsor agrees that, without the prior written consent of Forward Contract Parties that have committed
to purchase more than 50% of the Total Forward Purchase Shares, the Sponsor shall not, and shall cause its controlled affiliates
or any Sponsor-Affiliate (as defined below) and their permitted transferees not to, Transfer any Class B Shares or Class A Shares
into which such Class B Shares are convertible (or, following a Business Combination, any shares of common stock or other equity
security into which the Class A Shares are convertible or reclassified) (the “Sponsor Shares”) until the third
anniversary of the Business Combination Closing. Notwithstanding the foregoing, the Sponsor, its affiliates, any Sponsor-Affiliate
and their permitted transferees will be permitted to Transfer the Sponsor Shares in accordance with the exceptions set forth in
Section 6(a) of this Agreement (subject to the proviso thereof that in the case of clauses (i) through (vi) and clauses (viii)
through (xi) of Section 6(a), the permitted transferees must enter into a written agreement agreeing to be bound by the transfer
restrictions specified therein). Solely for purposes of the second sentence of this Section 7(b), references in Section 6(a) to
the Purchaser shall be deemed to refer to the Sponsor, its affiliates, any Sponsor-Affiliate and their permitted transferees, mutatis
mutandis. In addition, the foregoing restrictions in this Section 7(b) shall not apply to:

 

(i) (A) Transfers by
the Sponsor to any of its employees, officers or directors and (B) Transfers by any employee, officer or director of the Sponsor
(other than Omar M. Asali) or such person’s permitted transferees, in one or more transactions, of up to 20.0% of the Sponsor
Shares beneficially owned by such person immediately following the Business Combination Closing;

 

(ii) Transfers by the
Sponsor, any of its controlled affiliates, any Sponsor-Affiliate or any of their permitted transferees of (A) up to 50.0% of their
Sponsor Shares, in one or more Transfers, following any thirty (30) consecutive trading day period after the Business Combination
Closing during which the MOI Ratio (as defined below) is equal to or exceeds 1.5 to 1.0 for each trading day during such period;
and (B) up to 100.0% of their Sponsor Shares, in one or more Transfers, following any thirty (30) consecutive trading day period
after the Business Combination Closing during which the MOI Ratio (as defined below) is equal to or exceeds 2.0 to 1.0 for each
trading day during such period. For purposes of this Section 7(b)(ii), the “MOI Ratio” for any trading day is
equal to the ratio of (A) the aggregate market value, based on the closing trading price of the Class A Shares (or any shares of
common stock or other

 

    13 

    

    

 

equity
security into which the Class A Shares are convertible or reclassified) on such trading day, of the number of Class A Shares,
Class B Shares, Class C Shares and Warrants initially issued by the Company to the Forward Contract Parties pursuant to this Agreement,
the Private Placement Warrant Agreement and the Warrant Agreement, as applicable, to (B) the total dollar amount contributed by
the Forward Contract Parties to the capital of the Company in connection with this Agreement, the Private Placement Warrant Agreement
and the Warrant Agreement;

 

(iii) Transfers by
the Sponsor, any of its controlled affiliates, any Sponsor-Affiliate or any of their permitted transferees on or after the date
that the Forward Contract Parties collectively beneficially own (on an as-converted basis) less than 50% of the total number of
Class A Shares collectively beneficially owned by the Forward Contract Parties immediately following the Business Combination Closing.

 

As used in this Agreement,
“Sponsor-Affiliate” shall mean any director, officer or employee of the Sponsor who is also serving in any such
role or position at the Company (including Omar M. Asali). For the avoidance of doubt, the restrictions on Transfer set forth in
the first sentence of Section 6 and the first sentence of Section 7(b) of this Agreement shall not apply to the non-management
directors of the Company or their respective successors to the Company’s board of directors (the “Board”).

 

For so long as the restrictions
on Transfer set forth in the first sentence of this Section 7(b) shall apply, the Sponsor shall provide the Purchaser with notice
of any Transfers to be made pursuant to clause (ii) or (iii) of the second sentence of this Section 7(b), which notice shall be
provided at least ten (10) calendar days before consummation of any such Transfer; provided, that such notice shall not
be required if, in the opinion of the Company, acting reasonably and in good faith having received the advice of counsel, provision
of such notice will require public disclosure in advance of any public disclosure otherwise required in connection with such Transfer
or violate applicable law (including applicable securities laws); and provided, further, that, in the opinion of
counsel of the Sponsor, if shortening the advance notice period or the Purchaser’s agreement to treat the notice of Transfer
confidentially would eliminate the requirement for public disclosure or the violation of applicable law described in the immediately
preceding provision, then subject to applicable law or any material agreement binding on the Company and/or the Sponsor, the Purchaser
shall be given the opportunity to agree to so shorten the advance notice period or treat the notice of Transfer confidentially.
The Forward Contract Parties agree to treat receiving such notice and any trading in the securities of the Company (or securities
derivative thereof) in compliance with applicable law (including applicable securities laws).

 

(c) QEF Election Information.
The Sponsor shall use commercially reasonable efforts to determine whether, in any year, the Company is deemed to be a “passive
foreign investment company” (a “PFIC”) within the meaning of U.S. Internal Revenue Code of 1986, as amended,
and the regulations promulgated thereunder (collectively, the “Code”). If the Sponsor determines that the Company
is a PFIC in any year, for the year of determination and for each year thereafter during which the Purchaser holds an equity interest
in the Company, including Warrants, the Company shall use commercially reasonable efforts to (i) make available to the Purchaser
the information that may be required to make or maintain a “qualified electing fund” election under the Code with respect
to the Company and (ii) furnish the information required to be reported under Section 1298(f) of the Code.

 

(d) [reserved]

 

(e) IPO. The Company
will offer at least 20,000,000 Public Units in the IPO. Each Public Unit will be comprised of one Class A Share and no more than
one-half of one redeemable Warrant. Each whole Warrant will have an exercise price of not less than $11.50 per share.

 

(f) Use of Purchaser’s
Name. Neither the Company nor the Sponsor will, without the written consent of the Purchaser in each instance use in advertising,
publicity or otherwise the name of the Purchaser or any of its affiliates, or any director, officer or employee of the Purchaser,
nor any trade name, trademark, trade device, service mark, symbol or any abbreviation, contraction or simulation thereof owned
by the Purchaser or its affiliates or any information relating to the business or operations of the Purchaser

 

    14 

    

    

 

or
its affiliates (including, for the avoidance of doubt, any investment vehicles, funds or accounts managed thereby). Notwithstanding
the foregoing, the Company may disclose (i) Purchaser’s name and information concerning the Purchaser (A) to the extent
required by law, regulation or regulatory request, including pursuant to a request for such disclosure from the Staff of the SEC
or FINRA or (B) to the Company’s lawyers, independent accountants and to other advisors and service providers who reasonably
require Purchaser’s information in connection with the provision of services to the Company, are advised of the confidential
nature of such information and are obligated to keep such information confidential, and (ii) Purchaser’s name and the terms
of this Agreement to the other Forward Contract Parties. The Company and the Sponsor agree to provide to the Purchaser for Purchaser’s
review any disclosure in any registration statement or other document in advance of the submission, filing or disclosure of such
document in connection with the transactions contemplated by this Agreement with respect to the Purchaser or any of its affiliates.

 

(g) NYSE Listing.
The Company will use commercially reasonable efforts to effect and maintain the listing of the Class A Shares and Warrants on the
NYSE Capital Market (or another national securities exchange).

 

(h) No Amendments
to Charter. The Charter of the Company will be in substantially the same form of Exhibit C hereto and will not be materially
amended prior to the IPO without the Purchaser’s prior written consent.

 

(i) Key Man Insurance.
Unless the waiver of Forward Contract Parties that have committed to purchase more than 50% of the Total Forward Purchase Shares
has been obtained, the Sponsor will use reasonable best efforts to obtain, or cause to be obtained, prior to the date that is ninety
(90) calendar days following the IPO Closing, a “key man” life insurance policy insuring Omar M. Asali for the face
amount of $5,000,000 in favor of the Forward Contract Parties on a pro rata basis. The payment of the premiums for such
policy shall be made by the Sponsor.

 

8. FPS Closing
Conditions.

 

(a) The obligation of
the Purchaser to purchase the Forward Purchase Securities at the FPS Closing under this Agreement shall be subject to the fulfillment,
at or prior to the FPS Closing of each of the following conditions, any of which, to the extent permitted by applicable laws, may
be waived by the Purchaser:

 

(i) The Business Combination
Condition shall have been satisfied;

 

(ii) The Business Combination
shall be consummated substantially concurrently with, and immediately following, the purchase of Forward Purchase Securities;

 

(iii) The Company shall
have delivered to such Purchaser a certificate evidencing the Company’s good standing as a Cayman Islands exempted limited
company, as of a date within ten (10) Business Days of the FPS Closing;

 

(iv) The representations
and warranties of the Company set forth in Section 3 of this Agreement shall have been true and correct as of the date hereof and
shall be true and correct as of the FPS Closing, as applicable, with the same effect as though such representations and warranties
had been made on and as of such date (other than any such representation or warranty that is made by its terms as of a specified
date, which shall be true and correct as of such specified date), except where the failure to be so true and correct would not
have a material adverse effect on the Company or its ability to consummate the transactions contemplated by this Agreement;

 

(v) The Company and
the Sponsor shall have performed, satisfied and complied in all material respects with the covenants, agreements and conditions
required by this Agreement to be performed, satisfied or complied with by the Company or the Sponsor at or prior to the FPS Closing;
and

 

    15 

    

    

 

(vi) No order, writ,
judgment, injunction, decree, determination, or award shall have been entered by or with any governmental, regulatory, or administrative
authority or any court, tribunal, or judicial, or arbitral body, and no other legal restraint or prohibition shall be in effect,
preventing the purchase by the Purchaser of the Securities.

 

(b) The obligation of
the Company to sell the Forward Purchase Securities at the FPS Closing under this Agreement shall be subject to the fulfillment,
at or prior to the FPS Closing of each of the following conditions, any of which, to the extent permitted by applicable laws, may
be waived by the Company:

 

(i) The Business Combination
shall be consummated substantially concurrently with, and immediately following, the purchase of Forward Purchase Securities;

 

(ii) The representations
and warranties of the Purchaser set forth in Section 2 of this Agreement shall have been true and correct as of the date hereof
and shall be true and correct as of the FPS Closing, as applicable, with the same effect as though such representations and warranties
had been made on and as of such date (other than any such representation or warranty that is made by its terms as of a specified
date, which shall be true and correct as of such specified date), except where the failure to be so true and correct would not
have a material adverse effect on the Purchaser or its ability to consummate the transactions contemplated by this Agreement;

 

(iii) The Purchaser
shall have performed, satisfied and complied in all material respects with the covenants, agreements and conditions required by
this Agreement to be performed, satisfied or complied with by the Purchaser at or prior to the FPS Closing; and

 

(iv) No order, writ,
judgment, injunction, decree, determination, or award shall have been entered by or with any governmental, regulatory, or administrative
authority or any court, tribunal, or judicial, or arbitral body, and no other legal restraint or prohibition shall be in effect,
preventing the purchase by the Purchaser of the Securities.

 

9. Termination.
This Agreement may be terminated at any time prior to the FPS Closing:

 

(a) by mutual written
consent of the Company and the Purchaser;

 

(b) automatically

 

(i) if the IPO is not
consummated on or prior to May 5, 2018;

 

(ii) if the gross proceeds
from the IPO do not equal or exceed $200,000,000;

 

(iii) if the Business
Combination is not consummated within twenty four (24) months from the closing of the IPO;

 

(iv) upon the death
of Omar M. Asali;

 

(v) if Omar M. Asali,
the Sponsor or the Company becomes subject to any voluntary or involuntary petition under the United States federal bankruptcy
laws or any state insolvency law, in each case which is not withdrawn within sixty (60) days after being filed, or a receiver,
fiscal agent or similar officer is appointed by a court for business or property of Omar M. Asali, the Sponsor or the Company,
in each case which is not removed, withdrawn or terminated within sixty (60) days after such appointment; or

 

(vi) if Omar M. Asali
is convicted in a criminal proceeding for a crime involving fraud or dishonesty.

 

    16 

    

    

 

In the event of any
termination of this Agreement pursuant to this Section 9, the FPS Purchase Price (and interest thereon, if any), if previously
paid, and all Purchaser’s funds paid in connection herewith shall be promptly returned to the Purchaser, and thereafter this
Agreement shall forthwith become null and void and have no effect, without any liability on the part of the Purchaser or the Company
and their respective directors, officers, employees, partners, managers, members, or shareholders and all rights and obligations
of each party shall cease; provided, however, that nothing contained in this Section 9 shall relieve either party
from liabilities or damages arising out of any fraud or willful breach by such party of any of its representations, warranties,
covenants or agreements contained in this Agreement.

 

10. General Provisions.

 

(a) Notices.
All notices and other communications given or made pursuant to this Agreement shall be in writing and shall be deemed effectively
given upon the earlier of actual receipt, or (a) personal delivery to the party to be notified, (b) when sent, if sent by electronic
mail or facsimile (if any) during normal business hours of the recipient, and if not sent during normal business hours, then on
the recipient’s next Business Day, (c) five (5) Business Days after having been sent by registered or certified mail, return
receipt requested, postage prepaid, or (d) one (1) Business Day after deposit with a nationally recognized overnight courier,
freight prepaid, specifying next Business Day delivery, with written verification of receipt. All communications sent to the Company
shall be sent to: One Madison Corporation, 3 East 28th Street, 8th Floor, New York, New York 10016, Attn:
Omar M. Asali, Chief Executive Officer, email: oasali@onemadisongroup.com, with a copy to the Company’s counsel at: Davis
Polk & Wardwell LLP, 450 Lexington Avenue, New York, NY 10017, Attn: Deanna L. Kirkpatrick, Esq., email: deanna.kirkpatrick@davispolk.com,
fax: (212) 701-5135, and John B. Meade, Esq., email: john.meade@davispolk.com, fax: (212)
701-5077.

 

All communications
to the Purchaser shall be sent to the Purchaser’s address as set forth on the signature page hereof, or to such e-mail address,
facsimile number (if any) or address as subsequently modified by written notice given in accordance with this Section 10(a), with
a copy to the Purchaser’s counsel at: Winston & Strawn LLP, 200 Madison Avenue, New York, NY 10166, Attn: Joel L. Rubinstein,
Esq., email: jrubinstein@winston.com, fax: (212) 294-4700.

 

(b) No Finder’s
Fees. Other than fees payable to Credit Suisse Securities (USA) LLC or Merrill Lynch, Pierce, Fenner & Smith Incorporated,
which shall be the responsibility of the Company, each party represents that it neither is nor will be obligated for any finder’s
fee or commission in connection with this transaction. The Purchaser agrees to indemnify and to hold harmless the Company from
any liability for any commission or compensation in the nature of a finder’s or broker’s fee arising out of this transaction
(and the costs and expenses of defending against such liability or asserted liability) for which the Purchaser or any of its officers,
employees or representatives is responsible. The Company agrees to indemnify and hold harmless the Purchaser from any liability
for any commission or compensation in the nature of a finder’s or broker’s fee arising out of this transaction (and
the costs and expenses of defending against such liability or asserted liability) for which the Company or any of its officers,
employees or representatives is responsible.

 

(c) Survival of Representations
and Warranties. All of the representations and warranties contained herein shall survive the Class B Share Closing and the
FPS Closing.

 

(d) Entire Agreement.
This Agreement, together with any documents, instruments and writings that are delivered pursuant hereto or referenced herein,
constitutes the entire agreement and understanding of the parties hereto in respect of its subject matter and supersedes all prior
understandings, agreements, or representations by or among the parties hereto, written or oral, to the extent they relate in any
way to the subject matter hereof or the transactions contemplated hereby.

 

(e) Successors.
All of the terms, agreements, covenants, representations, warranties, and conditions of this Agreement are binding upon, and inure
to the benefit of and are enforceable by, the parties hereto and their respective successors. Nothing in this Agreement, express
or implied, is intended to confer upon any party other than the parties hereto or their respective successors and assigns any rights,

 

    17 

    

    

 

remedies,
obligations or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.

 

(f) Assignments.
Except as otherwise specifically provided herein, no party hereto may assign either this Agreement or any of its rights, interests,
or obligations hereunder without the prior written approval of the other party.

 

(g) Counterparts.
This Agreement may be executed in two or more counterparts, each of which will be deemed an original but all of which together
will constitute one and the same instrument.

 

(h) Headings.
The section headings contained in this Agreement are inserted for convenience only and will not affect in any way the meaning or
interpretation of this Agreement.

 

(i) Governing Law.
This Agreement, the entire relationship of the parties hereto, and any litigation between the parties (whether grounded in contract,
tort, statute, law or equity) shall be governed by, construed in accordance with, and interpreted pursuant to the laws of the State
of Delaware, without giving effect to its choice of laws principles.

 

(j) Jurisdiction.
The parties (i) hereby irrevocably and unconditionally submit to the jurisdiction of the state courts of New York and to the jurisdiction
of the United States District Court for the Southern District of New York for the purpose of any suit, action or other proceeding
arising out of or based upon this Agreement, (b) agree not to commence any suit, action or other proceeding arising out of or based
upon this Agreement except in state courts of New York or the United States District Court for the Southern District of New York,
and (c) hereby waive, and agree not to assert, by way of motion, as a defense, or otherwise, in any such suit, action or proceeding,
any claim that it is not subject personally to the jurisdiction of the above-named courts, that its property is exempt or immune
from attachment or execution, that the suit, action or proceeding is brought in an inconvenient forum, that the venue of the suit,
action or proceeding is improper or that this Agreement or the subject matter hereof may not be enforced in or by such court.

 

(k) Waiver of Jury
Trial. 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.

 

(l) Amendments.
This Agreement may not be amended, modified or waived as to any particular provision, except with the written consent of the Company,
the Sponsor and the Purchaser.

 

(m) Severability.
The provisions of this Agreement will be deemed severable and the invalidity or unenforceability of any provision will not affect
the validity or enforceability of the other provisions hereof; provided that if any provision of this Agreement, as applied to
any party hereto or to any circumstance, is adjudged by a governmental authority, arbitrator, or mediator not to be enforceable
in accordance with its terms, the parties hereto agree that the governmental authority, arbitrator, or mediator making such determination
will have the power to modify the provision in a manner consistent with its objectives such that it is enforceable, and/or to delete
specific words or phrases, and in its reduced form, such provision will then be enforceable and will be enforced.

 

(n) Expenses.
Each of the Company and the Purchaser will bear its own costs and expenses incurred in connection with the preparation, execution
and performance of this Agreement and the consummation of the transactions contemplated hereby, including all fees and expenses
of agents, representatives, financial advisors, legal counsel and accountants. The Company shall be responsible for the fees of
its transfer agent, stamp taxes and all of The Depository Trust Company’s fees associated with the issuance of the Securities
and the securities issuable upon conversion or exercise of the Securities.

 

(o) Construction.
The parties hereto have participated jointly in the negotiation and drafting of this Agreement. If an ambiguity or question of
intent or interpretation arises, this Agreement will be construed as if drafted jointly by the parties hereto and no presumption
or burden of proof will arise

 

    18 

    

    

 

favoring
or disfavoring any party hereto because of the authorship of any provision of this Agreement. Any reference to any federal, state,
local, or foreign law will be deemed also to refer to law as amended and all rules and regulations promulgated thereunder, unless
the context requires otherwise. The words “include,” “includes,” and “including”
will be deemed to be followed by “without limitation.” Pronouns in masculine, feminine, and neuter genders
will be construed to include any other gender, and words in the singular form will be construed to include the plural and vice
versa, unless the context otherwise requires. The words “this Agreement,” “herein,” “hereof,”
“hereby,” “hereunder,” and words of similar import refer to this Agreement as a whole and
not to any particular subdivision unless expressly so limited. The parties hereto intend that each representation, warranty, and
covenant contained herein will have independent significance. If any party hereto has breached any representation, warranty, or
covenant contained herein in any respect, the fact that there exists another representation, warranty or covenant relating to
the same subject matter (regardless of the relative levels of specificity) which such party hereto has not breached will not detract
from or mitigate the fact that such party hereto is in breach of the first representation, warranty, or covenant.

 

(p) Waiver. No
waiver by any party hereto of any default, misrepresentation, or breach of warranty or covenant hereunder, whether intentional
or not, may be deemed to extend to any prior or subsequent default, misrepresentation, or breach of warranty or covenant hereunder
or affect in any way any rights arising because of any prior or subsequent occurrence.

 

(q) Confidentiality.
Except as may be required by law, regulation or applicable stock exchange listing requirements, unless and until the transactions
contemplated hereby and the terms hereof are publicly announced or otherwise publicly disclosed by the Company, the parties hereto
shall keep confidential and shall not publicly disclose the existence or terms of this Agreement.

 

(r) Specific Performance.
The Purchaser agrees that irreparable damage would occur in the event that any provision of this Agreement was not performed by
the Purchaser in accordance with the specific terms hereof or was otherwise breached, and that money damages or legal remedies
would not be an adequate remedy for any such damages. Therefore, it is accordingly agreed that the Company shall be entitled to
enforce specifically the terms and provisions of this Agreement, or to enforce compliance with, the covenants and obligations of
the Purchaser, in any court of competent jurisdiction, and appropriate injunctive relief shall be granted in connection therewith.
The Company, in seeking an injunction, a decree or order of specific performance, shall not be required to provide any bond or
other security in connection therewith and any such remedy shall be in addition and not in substitution for any other remedy to
which the Company is entitled at law or in equity.

 

(s) Most Favored Nations.
The Company hereby represents and warrants that as of the date hereof, and covenants and agrees that after the date hereof, none
of the agreements with any other person for the purchase of Forward Purchase Shares includes or will include terms, rights or other
benefits that are more favorable, in any material respect, to such other person than the terms, rights and benefits in favor of
the Purchaser under this Agreement, and the Company will not waive any material obligation under the agreements with such other
person unless, in any such case, the Purchaser has been offered in writing the opportunity to concurrently receive the benefits
of all such terms, rights and benefits or waiver. The Purchaser shall notify the Company in writing, within ten (10) days after
the date it has been offered the opportunity to receive the benefit of such terms, rights, benefits or waiver, of its election
to receive any such term, right, benefit or waiver so offered.

 

[Signature page follows]

 

    19 

    

    

 

IN WITNESS WHEREOF,
the undersigned have executed this Agreement to be effective as of the date first set forth above.

  

	PURCHASER:	 	 
	Purchaser’s Name:	
	 

	By:	 

 

 

	 	 	 	Address for Notices:	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	E-mail:	 
	By:	 	 	Fax:	 	 
	 	Name:	 	 	 	 
	 	Title:	 	 	 	 

 

 

	COMPANY:	 
	 	 
	ONE MADISON CORPORATION	 
	 	 
	By:	 	 
	 	Name:Omar M. Asali	 
	 	Title:Chairman and Chief Executive Officer	 

 

 

[To be completed by the Company]

 

	Number of Forward Purchase Shares:	 
	 	 
	Number of Forward Purchase Warrants:	 
	 	 
	Aggregate Purchase Price for Forward Purchase Securities:	$               
	  	 
	Class B Shares Purchase Amount:	 
	 	 
	Aggregate Purchase Price for Class B Shares:	$         

 

 

	SPONSOR (solely for the purposes of Section 7 hereof):	 
	 	 
	ONE MADISON GROUP LLC	 
	 	 
	By:	 	 
	 	Name:Omar M. Asali	 
	 	Title:Managing Member	 

 

    
[Signature Page to Forward Purchase Agreement]

    

    

 

Exhibit A

 

Registration Rights

 

1. Within thirty (30)
days after the Business Combination Closing, the Company shall use reasonable best efforts (i) to file a registration statement
on Form S-3 for a secondary offering (including any successor registration statement covering the resale of the Registrable Securities
a “Resale Shelf”) of (x) the Class C Shares and Warrants (and underlying Class A Shares) comprising the Forward
Purchase Securities and the Class A Shares and/or Class C Shares into which the Class B Shares are convertible and the Class A
Shares into which the Class C Shares are convertible, (y) any other Class A Shares and Warrants that may be acquired by the Purchaser
after the date of this Agreement, including any time after the Business Combination Closing and (z) any other equity security of
the Company issued or issuable with respect to the securities referred to in clauses (x) and (y) by way of a stock dividend or
stock split or in connection with a combination of shares, recapitalization, merger, consolidation or reorganization (collectively,
the “Registrable Securities”) pursuant to Rule 415 under the Securities Act; provided, that if Form S-3
is unavailable for such a registration, the Company shall register the resale of the Registrable Securities on another appropriate
form and undertake to register the Registrable Securities on Form S-3 as soon as such form is available, (ii) to cause the Resale
Shelf to be declared effective under the Securities Act promptly thereafter, but in no event later than sixty (60) days thereafter,
and (iii) to maintain the effectiveness of such Resale Shelf with respect to the Purchaser’s Registrable Securities until
the earliest of (A) the date on which the Purchaser ceases to hold Registrable Securities covered by such Resale Shelf, (B) the
date all of the Purchaser’s Registrable Securities covered by the Resale Shelf can be sold publicly without restriction or
limitation under Rule 144 under the Securities Act and without the requirement to be in compliance with Rule 144(c)(1) under the
Securities Act; and provided, further, with respect to Registrable Securities acquired after the Business Combination
Closing, the Company shall only be obligated to amend the Resale Shelf or file a new registration statement that will constitute
a Resale Shelf to include such Registrable Securities on two (2) occasions, each upon the written request of Purchaser with respect
to at least 100,000 Registrable Securities.

 

2. In the event the
Company is prohibited by applicable rule, regulation or interpretation by the staff (“Staff”) of the Securities
and Exchange Commission (“SEC”) from registering all of the Registrable Securities on the Resale Shelf or the
Staff requires that the Purchaser be specifically identified as an “underwriter” in order to permit such registration
statement to become effective, and such Purchaser does not consent in writing to being so named as an underwriter in such registration
statement, the number of Registrable Securities to be registered on the Resale Shelf will be reduced on a pro rata basis among
all the holders of Registrable Securities to be so included, unless otherwise required by the Staff, so that the number of Registrable
Securities to be registered is permitted by Staff and such Purchaser is not required to be named as an “underwriter”;
provided, that any Registrable Securities not registered due to this paragraph 2 shall thereafter as soon as allowed by
the SEC guidance be registered to the extent the prohibition no longer is applicable.

 

3. If at any time the
Company proposes to file a registration statement (a “Registration Statement”) on its own behalf, or on behalf
of any other Persons who have registration rights (“Other Holders”), relating to an underwritten offering of
ordinary shares, or engage in an Underwritten Shelf Takedown off an existing registration statement (a “Company Offering”),
then the Company will provide the Purchaser and each other Forward Contract Party who purchased at least 1,000,000 Forward Purchase
Shares (collectively, the “Piggyback Holders”) with notice in writing (an “Offer Notice”)
at least five (5) Business Days prior to such filing, which Offer Notice will offer to include in the Registration Statement Purchaser’s
Registrable Securities and a minimum of 500,000 of the securities of each other Forward Contract Party which is a Piggyback Holder
that constitute “Registrable Securities” under such parties’ forward purchase agreements (collectively “Piggyback
Securities”). Within five (5) Business Days (or, in the case of an Offer Notice delivered to the Purchaser or the other
Forward Contract Parties in connection with an Underwritten Shelf Takedown, within three (3) Business Days) after receiving the
Offer Notice, the Purchaser may make a written request (a “Piggyback Request”) to the Company to include some
or all of Purchaser’s Registrable Securities in the Registration Statement. If the underwriter(s) for any Company Offering
advise the Company that marketing factors require a limitation on the number of securities that may be included in

 

    A-1

    

    

 

the
Company Offering, the number of securities to be so included shall be allocated as follows: (i) first, to the Company and the
Other Holders, if any; and (ii) second, to the Piggyback Holders based on the pro rata percentage of Piggyback Securities
held by the Piggyback Holders and requested to be included in the Underwritten Offering. Notwithstanding anything to the contrary
in this paragraph 3, the Company hereby agrees that it will not provide an Offer Notice to any other Forward Contract Party unless
such other Forward Contract Party agrees in writing to treat the contents of such Offer Notice as material non-public information.

 

4. At any time during
which the Company has an effective Resale Shelf with respect to the Purchaser’s Registrable Securities, the Purchaser may
make a written request (which request shall specify the intended method of disposition thereof) (a “Shelf Takedown Request”)
to the Company to effect a sale, of all or a portion of the Purchaser’s Registrable Securities that are covered by the Resale
Shelf, and the Company shall use commercially reasonable efforts to file a prospectus supplement (a “Shelf Takedown Prospectus
Supplement”) for such purpose as soon as reasonably practicable following receipt of a Shelf Takedown Request. The Purchaser
may request that any such sale be conducted as an underwritten public offering (an “Underwritten Shelf Takedown”).
The Company shall not be obligated to effect more than two Underwritten Shelf Takedowns. Purchaser acknowledges that, pursuant
to the terms and conditions of forward purchase agreements among the Company, the Sponsor and other Forward Contract Parties (such
agreements, as they relate to the rights of the Sponsor and other Forward Contract Parties set forth in paragraphs 3, 4 and 5 of
this Exhibit A, not to be amended without the Purchaser’s prior written consent), each Other Forward Contract Party who purchased
at least 1,000,000 Forward Purchase Shares and proposes to sell at least 500,000 Registrable Securities in the Underwritten Shelf
Takedown (a “Requesting Holder”) shall have the right, pursuant to a timely Piggyback Request, to include securities
that are covered by the Resale Shelf (“Requesting Holder Securities”) in the prospectus supplement relating
to any Underwritten Shelf Takedown and Purchaser agrees to cooperate with the Company and such other Forward Contract Parties in
furtherance thereof. If the underwriter(s) for any Underwritten Shelf Takedown advise the Company that marketing factors require
a limitation on the number of securities that may be included in the Underwritten Shelf Takedown, the number of securities to be
so included shall be allocated as follows: (i) first, to the Purchaser; and (ii) second, to the Requesting Holders based on the
pro rata percentage of Requesting Holder Securities held by the Requesting Holders and requested to be included in the Underwritten
Offering. It is understood that any other Forward Contract Party electing to include securities on‎
an Underwritten Shelf Takedown proposed by Purchaser shall not have the ability to withdraw such securities from such offering
without the consent of the Purchaser, it being understood that the terms of the offering may not be known at the time of such offering
and that Purchaser shall have the sole discretion to approve such terms (and such other Forward Contract Party shall not have the
right to make any determinations other than whether they wish to include their Requesting Holder Securities in the prospectus supplement).
In this regard, by electing to include securities on such offering, such other Forward Contract Party agrees to cooperate with
the Company and the Purchaser in furtherance of such offering, including entering into such customary agreements and take all such
actions (including supplying all reasonably requested information) within 48 hours of a reasonable request by the Company, underwriters
or Purchaser.

 

5. The determination
of whether any offering of Registrable Securities pursuant to the Resale Shelf or a Shelf Takedown Prospectus Supplement will be
an underwritten offering shall be made in the sole discretion of the Purchaser, after consultation with the Company, and the Purchaser
shall have the right, after consultation with the Company, to determine the plan of distribution, including the price at which
the Registrable Securities are to be sold and the underwriting commissions, discounts and fees (and the Requesting Holders shall
not have the right to make any determinations other than whether they wish to include their Requesting Holder Securities in the
prospectus supplement). The Purchaser shall select the investment banker or bankers and managers to administer the offering, including
the lead managing underwriter (provided that such investment banker or bankers and managers shall be reasonably satisfactory to
the Company).

 

6. In connection with
any underwritten offering, the Company shall enter into such customary agreements and take all such other actions in connection
therewith (including those requested by the Purchaser) in order to facilitate the disposition of such Registrable Securities as
are reasonably necessary or

 

    A-2

    

    

 

required,
and in such connection enter into a customary underwriting agreement that provides for customary opinions, comfort letters and
officer’s certificates and other customary deliverables.

 

7. The Company shall
pay all fees and expenses incident to the performance of or compliance with its obligation to prepare, file and maintain the Resale
Shelf (including the fees of its counsel and accountants). The Company shall also pay all Registration Expenses. For purposes of
this paragraph 6, “Registration Expenses” shall mean the out-of-pocket expenses of a Company Offering or an
Underwritten Shelf Takedown, including, without limitation, the following: (i) all registration and filing fees (including fees
with respect to filings required to be made with FINRA) and any securities exchange on which the Registrable Securities are then
listed; (ii) fees and expenses of compliance with securities or blue sky laws (including reasonable fees and disbursements of one
counsel to the underwriters in connection with blue sky qualifications of the Registrable Securities); (iii) printing, messenger,
telephone and delivery expenses; (iv) reasonable fees and disbursements of counsel for the Company; (v) reasonable fees and disbursements
of all independent registered public accountants of the Company incurred specifically in connection with such Underwritten Shelf
Takedown; and (vi) reasonable fees and expenses of one legal counsel selected by the Purchaser; provided, that it is understood
and agreed that the Company shall to be responsible for any underwriting fees, discounts, selling commissions, underwriter expenses
and stock transfer taxes relating to the registration and sale of the Purchaser’s Registrable Securities.

 

8. The Company may
suspend the use of a prospectus included in the Resale Shelf by furnishing to the Purchaser a written notice (“Suspension
Notice”) stating that in the good faith judgment of the Company, it would be either (i) prohibited by the Company’s
insider trading policy (as if the Purchaser were covered by such policy) or (ii) materially detrimental to the Company and its
stockholders for such prospectus to be used at such time. The Company’s right to suspend the use of such prospectus under
clause (ii) of the preceding sentence may be exercised for a period of not more than sixty (60) days after the date of such notice
to the Purchaser; provided such period may be extended for an additional thirty (30) days with the consent of a majority-in-interest
of the holders of Registrable Securities covered by the Resale Shelf; provided further, that such right to suspend the use of a
prospectus shall be exercised by the Company not more than once in any twelve (12) month period. A holder of Registrable Securities
shall not effect any sales of Registrable Securities pursuant to the Resale Shelf at any time after it has received a Suspension
Notice from the Company and prior to receipt of an End of Suspension Notice (as defined below). The holders may recommence effecting
sales of the Registrable Securities pursuant to the Resale Shelf following further written notice to such effect (an “End
of Suspension Notice”) from the Company to the holders. The Company shall act in good faith to permit any suspension
period contemplated by this paragraph to be concluded as promptly as reasonably practicable.

 

9. The Purchaser agrees
that, except as required by applicable law, the Purchaser shall treat as confidential the receipt of any Suspension Notice (provided
that in no event shall such notice contain any material nonpublic information of the Company) hereunder and shall not disclose
or use the information contained in such Suspension Notice without the prior written consent of the Company until such time as
the information contained therein is or becomes public, other than as a result of disclosure by a holder of Registrable Securities
in breach of the terms of this Agreement.

 

10. The Company shall
indemnify and hold harmless the Purchaser, its directors and officers, partners, members, managers, employees, agents, and representatives
of such Purchaser and each person, if any, who controls the Purchaser within the meaning of the Securities Act and the Securities
Exchange Act of 1934, as amended, and any agent thereof (collectively, “Indemnified Persons”), to the fullest
extent permitted by applicable law, from and against any losses, claims, damages, liabilities, joint or several, costs (including
reasonable costs of preparation and reasonable attorneys’ fees) and expenses, judgments, fines, penalties, interest, settlements
or other amounts arising from any and all claims, demands, actions, suits or proceedings, whether civil, criminal, administrative
or investigative, in which any Indemnified Person may be involved, or is threatened to be involved, as a party or otherwise, under
the Securities Act or otherwise (collectively, “Losses”), promptly as incurred, arising out of, based upon or
resulting from any untrue statement or alleged untrue statement of any material fact contained in the Resale Shelf (or any amendment
or supplement thereto), the related prospectus, or any amendment or supplement thereto, or arise out of, are based upon or resulting
from the omission or alleged omission to state therein a material fact required to be

 

    A-3

    

    

 

stated
therein or necessary to make the statements therein, in light of the circumstances in which they were made, not misleading; provided,
however, that the Company shall not be liable in any such case or to any Indemnified Person to the extent that any such Loss arises
out of, is based upon or results from an untrue statement or alleged untrue statement or omission or alleged omission or so made
in reliance upon or in conformity with information furnished by or on behalf of such Indemnified Person in writing specifically
for use in the preparation of the Resale Shelf, the related prospectus, or any amendment or supplement thereto. Such indemnity
shall remain in full force and effect regardless of any investigation made by or on behalf of such Indemnified Person, and shall
survive the transfer of such securities by the Purchaser.

 

11. The Company’s
obligation under paragraph (1) of this Exhibit A is subject to the Purchaser’s furnishing to the Company in writing such
information as the Company reasonably requests for use in connection with the Resale Shelf, the related prospectus, or any amendment
or supplement thereto. The Purchaser shall indemnify the Company, its officers, directors, managers, employees, agents and representatives,
and each person who controls the Company (within the meaning of the Securities Act) against any losses, claims, damages, liabilities
and expenses resulting from any untrue statement or alleged untrue statement of material fact contained in the Resale Shelf, the
related prospectus, or any amendment 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 not misleading, but only to the extent that such untrue statement or
omission is contained in any information so furnished in writing by such Purchaser expressly for inclusion in such document; provided
that the obligation to indemnify shall be individual, not joint and several, for each Purchaser and shall be limited to the net
amount of proceeds received by such Purchaser from the sale of Registrable Securities pursuant to the Resale Shelf.

 

12. The Company shall
cooperate with the Purchaser, to the extent the Registrable Securities become freely tradable, to facilitate the timely preparation
and delivery of certificates (not bearing any restrictive legend) representing the Registrable Securities to be offered pursuant
to a Resale Shelf and enable such certificates to be in such denominations or amounts, as the case may be, as the Purchaser may
reasonably request and registered in such names as the Purchaser may request.

 

13. If requested by
the Purchaser, the Company shall as soon as practicable, subject to any Suspension Notice, (i) incorporate in a prospectus supplement
or post-effective amendment such information as the Purchaser reasonably requests to be included therein relating to the sale and
distribution of Registrable Securities, including, without limitation, information with respect to the number of Registrable Securities
being offered or sold, the purchase price being paid therefor and any other terms of the offering of the Registrable Securities
to be sold in such offering; (ii) make all required filings of such prospectus supplement or post-effective amendment after being
notified of the matters to be incorporated in such prospectus supplement or post-effective amendment; and (iii) supplement or make
amendments to any Registration Statement if reasonably requested by the Purchaser holding any Registrable Securities.

 

14. As long as the
Purchaser shall own Registrable Securities, the Company, at all times while it shall be reporting under the Securities Exchange
Act of 1934, as amended, 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 Securities
Exchange Act of 1934, as amended, and to promptly furnish the Purchaser with true and complete copies of all such filings, unless
filed through the SEC’s EDGAR system. The Company further covenants that it shall take such further action as the Purchaser
may reasonably request, all to the extent required from time to time, to enable the Purchaser to sell the Class A Shares and Warrants
held by the Purchaser without registration under the Securities Act within the limitation of the exemptions provided by Rule 144
promulgated under the Securities Act, including providing any legal opinions. Upon the request of the Purchaser, the Company shall
deliver to the Purchaser a written certification of a duly authorized officer as to whether it has complied with such requirements.

 

15. The rights, duties
and obligations of the Purchaser under this Exhibit A may be assigned or delegated by the Purchaser in conjunction with and to
the extent of any transfer or assignment of Registrable Securities by the Purchaser to any transferee or assignee.

 

    A-4

    

    

 

Exhibit B

 

Class B Shares Purchase Amount =
Product of (A) Total Class B Shares Purchase Amount multiplied by (B) Purchaser’s Forward Purchase Percentage.

 

Purchaser’s Forward Purchase Percentage
= Quotient of (A) Number of Purchaser’s Forward Purchase Shares that the Company has agreed to sell to the Purchaser, as
indicated on the signature page hereto, divided by (B) 15,000,000.

 

Total Class B Shares Purchase Amount
= 3,750,000.

 

    B-1

    

    

 

Exhibit C

 

Charter of the Company

 

THE
COMPANIES LAW (2016 REVISION)

 

OF
THE CAYMAN ISLANDS

 

COMPANY
LIMITED BY SHARES

 

 

 

 

AMENDED
AND RESTATED

 

MEMORANDUM
AND ARTICLES OF ASSOCIATION

 

 

OF

 

 

ONE
MADISON CORPORATION

 

(ADOPTED
BY SPECIAL RESOLUTION DATED [ ] 2017)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    D-1

    

    

 

THE
COMPANIES LAW (2016 REVISION)

 

OF
THE CAYMAN ISLANDS

 

COMPANY
LIMITED BY SHARES

 

AMENDED
AND RESTATED

 

MEMORANDUM
OF ASSOCIATION

 

OF

 

ONE
MADISON CORPORATION

 

(ADOPTED
BY SPECIAL RESOLUTION DATED [ ] 2017)

 

		1	The
                                         name of the Company is One Madison Corporation

 

		2	The
                                         Registered Office of the Company shall be at the offices of Maples Corporate Services
                                         Limited, PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands, or at such
                                         other place within the Cayman Islands as the Directors may decide.

 

		3	The
                                         objects for which the Company is established are unrestricted and the Company shall have
                                         full power and authority to carry out any object not prohibited by the laws of the Cayman
                                         Islands.

 

		4	The
                                         liability of each Member is limited to the amount unpaid on such Member's shares.

 

		5	The
                                         share capital of the Company is US$[ ] divided into 200,000,000 Class A ordinary shares
                                         of a par value of US$0.0001 each, 25,000,000 Class B ordinary shares of a par value of
                                         US$0.0001 each, [amount] Class C ordinary shares of a par value of US$0.0001
                                         each and 1,000,000 preference shares of a par value of US$0.0001 each.

 

		6	The
                                         Company has power to register by way of continuation as a body corporate limited by shares
                                         under the laws of any jurisdiction outside the Cayman Islands and to be deregistered
                                         in the Cayman Islands.

 

		7	Capitalised
                                         terms that are not defined in this Memorandum of Association bear the respective meanings
                                         given to them in the Articles of Association of the Company.

 

    D-2

    

    

 

THE
COMPANIES LAW (2016 REVISION)

 

OF
THE CAYMAN ISLANDS

 

COMPANY
LIMITED BY SHARES

 

AMENDED
AND RESTATED

 

ARTICLES
OF ASSOCIATION

 

OF

 

ONE
MADISON CORPORATION

 

(ADOPTED
BY SPECIAL RESOLUTION DATED [ ] 2017)

 

		1	Interpretation

 

		1.1	In
                                         the Articles Table A in the First Schedule to the Statute does not apply and, unless
                                         there is something in the subject or context inconsistent therewith:

 

	"Articles"	means
    these articles of association of the Company.
	"Audit Committee"	means the audit committee
    of the Company formed pursuant to Article 41.2 hereof, or any successor audit committee.
	"Auditor"	means the person
    for the time being performing the duties of auditor of the Company (if any).
	"Business
    Combination"	means a merger, share
    exchange, asset acquisition, share purchase, reorganisation or similar business combination, with one or more businesses or
    entities (the “target business”), which Business Combination: (i) must occur with one or more target businesses
    that together have an aggregate fair market value of at least 80% of the assets held in the Trust Fund (as defined in the
    below paragraph) (excluding the deferred underwriting commissions and taxes payable on the income earned on the Trust Fund)
    at the time of the agreement to enter into the Business Combination; and (ii) must not be effectuated with another blank check
    company or a similar company with nominal operations.
	"business day"	means any day other
    than a Saturday, a Sunday or a legal holiday or a day on which banking institutions or trust companies are authorised or obligated
    by law to close in New York City.
	"Class A
    Share"	means a Class A ordinary
    share of a par value of US$0.0001 in the share capital of the Company.
	"Class B
    Share"	means a Class B ordinary
    share of a par value of US$0.0001 in the share capital of the Company.
	"Class C
    Share"	means a Class C ordinary
    share of a par value of US$0.0001 in the share capital of the Company.

 

    D-3

    

    

 

	"Company"	means
    the above named company.
	"Designated
    Stock Exchange"	means any national
    securities exchange in the United States on which Shares are listed for trading, including the NASDAQ Stock Market LLC, the
    NYSE MKT LLC, The New York Stock Exchange LLC or any OTC market.
	"Directors"	means the directors
    for the time being of the Company.
	"Dividend"	means any dividend
    (whether interim or final) resolved to be paid on Shares pursuant to the Articles.
	"Electronic
    Record"	has the same meaning
    as in the Electronic Transactions Law.
	"Electronic
    Transactions Law"	means the Electronic
    Transactions Law (2003 Revision) of the Cayman Islands.
	"Exchange
    Act"	means the United
    States Securities Exchange Act of 1934, as amended.
	"Founders"	means the Sponsor
    and all Members immediately prior to the consummation of the IPO.
	“Forward Purchase
    Agreements”	means forward purchase
    agreements entered into among the Company, the Sponsor and certain investors prior to the IPO.
	“Forward
    Purchase Shares”	means Class A Shares
    and/or Class C Shares issued pursuant to Forward Purchase Agreements.
	“Forward Purchase
    Warrants”	means warrants issued
    pursuant to Forward Purchase Agreements 
	"IPO"	means the Company's
    initial public offering of securities.
	"IPO Redemption"	has the meaning given
    to it in Article 49.3.
	"Member"	has the same meaning
    as in the Statute.
	"Memorandum"	means the memorandum
    of association of the Company.
	"Ordinary
    Resolution"	means a resolution
    passed by a simple majority of the Members as, being entitled to do so, vote in person or, where proxies are allowed, by proxy
    at a general meeting, and includes a unanimous written resolution. In computing the majority when a poll is demanded regard
    shall be had to the number of votes to which each Member is entitled by the Articles.
	"Over-Allotment
    Option"	means the option
    of the Underwriters to purchase up to an additional 15% of the units (as described at Article 3.3) sold in the IPO at a price
    equal to US$10.00 per unit, less underwriting discounts and commissions.
	"Preference
    Share"	means a preference
    share of a par value of US$0.0001 in the share capital of the Company.
	"Public Shares"	means Class A Shares
    issued as part of the units sold in the IPO.
	"Register
    of Members"	means the register
    of Members maintained in accordance with the Statute and includes (except where otherwise stated) any branch or duplicate
    register of Members.
	"Registered
    Office"	means the registered
    office for the time being of the Company.
	"Redemption
    Price"	has the meaning given
    to it in Article 49.3.

 

    D-4

    

    

 

	"Seal"	means
    the common seal of the Company and includes every duplicate seal.
	"SEC"	means the United
    States Securities and Exchange Commission.
	"Share"	means a Class A Share,
    a Class B Share, a Class C Share or a Preference Share and includes a fraction of a share in the Company.
	"Special
    Resolution"	subject to Article
    29.4, has the same meaning as in the Statute, and includes a unanimous written resolution.
	"Sponsor"	means One Madison
    Group, LLC, a Delaware limited liability company.
	"Statute"	means the Companies
    Law (2016 Revision) of the Cayman Islands.
	"Subscriber"	means the subscriber
    to the Memorandum.
	"Treasury
    Share"	means a Share held
    in the name of the Company as a treasury share in accordance with the Statute.
	"Trust Fund"	means the trust account
    established by the Company upon the consummation of its IPO and into which a certain amount of the net proceeds of the IPO,
    together with the proceeds of the private placement of the warrants (the "Private Placement Warrants") simultaneously
    with the closing date of the IPO, will be deposited.
	"Underwriters"	means the underwriters
    of the IPO.

 

		1.2	In
                                         the Articles:

 

		(a)	words
                                         importing the singular number include the plural number and vice versa;

 

		(b)	words
                                         importing the masculine gender include the feminine gender;

 

		(c)	words
                                         importing persons include corporations as well as any other legal or natural person;

 

		(d)	"written"
                                         and "in writing" include all modes of representing or reproducing words in
                                         visible form, including in the form of an Electronic Record;

 

		(e)	"shall"
                                         shall be construed as imperative and "may" shall be construed as permissive;

 

		(f)	references
                                         to provisions of any law or regulation shall be construed as references to those provisions
                                         as amended, modified, re-enacted or replaced;

 

		(g)	any
                                         phrase introduced by the terms "including", "include", "in particular"
                                         or any similar expression shall be construed as illustrative and shall not limit the
                                         sense of the words preceding those terms;

 

    D-5

    

    

 

		(h)	the
                                         term "and/or" is used herein to mean both "and" as well as "or."
                                         The use of "and/or" in certain contexts in no respects qualifies or modifies
                                         the use of the terms "and" or "or" in others. The term "or"
                                         shall not be interpreted to be exclusive and the term "and" shall not be interpreted
                                         to require the conjunctive (in each case, unless the context otherwise requires);

 

		(i)	headings
                                         are inserted for reference only and shall be ignored in construing the Articles;

 

		(j)	any
                                         requirements as to delivery under the Articles include delivery in the form of an Electronic
                                         Record;

 

		(k)	any
                                         requirements as to execution or signature under the Articles including the execution
                                         of the Articles themselves can be satisfied in the form of an electronic signature as
                                         defined in the Electronic Transactions Law;

 

		(l)	sections
                                         8 and 19(3) of the Electronic Transactions Law shall not apply;

 

		(m)	the
                                         term "clear days" in relation to the period of a notice means that period excluding
                                         the day when the notice is received or deemed to be received and the day for which it
                                         is given or on which it is to take effect; and

 

		(n)	the
                                         term "holder" in relation to a Share means a person whose name is entered in
                                         the Register of Members as the holder of such Share.

 

		2	Commencement
                                         of Business

 

		2.1	The
                                         business of the Company may be commenced as soon after incorporation of the Company as
                                         the Directors shall see fit.

 

		2.2	The
                                         Directors may pay, out of the capital or any other monies of the Company, all expenses
                                         incurred in or about the formation and establishment of the Company, including the expenses
                                         of registration.

 

		3	Issue
                                         of Shares

 

		3.1	Subject
                                         to the provisions, if any, in the Memorandum (and to any direction that may be given
                                         by the Company in general meeting) and, where applicable, the rules of the Designated
                                         Stock Exchange and/or any competent regulatory authority, and without prejudice to any
                                         rights attached to any existing Shares, the Directors may allot, issue, grant options
                                         over or otherwise dispose of Shares with or without preferred, deferred or other rights
                                         or restrictions, whether in regard to Dividend or other distribution, voting, return
                                         of capital or otherwise and to such persons, at such times and on such other terms as
                                         they think proper, and may also (subject to the Statute and the Articles) vary such rights,
                                         save that the Directors shall not allot, issue, grant options over or otherwise dispose
                                         of Shares to the extent that it may affect the ability of the Company to carry out a
                                         Class B Share Conversion described at Article 4.

 

		3.2	The
                                         Company may issue rights, options, warrants or convertible securities or securities of
                                         similar nature conferring the right upon the holders thereof to subscribe for, purchase
                                         or receive any class of Shares or other securities in the Company on such terms as the
                                         Directors may from time to time determine.

 

    D-6

    

    

 

		3.3	The
                                         Company may issue units of securities in the Company, which may be comprised of whole
                                         or fractional Shares, rights, options, warrants or convertible securities or securities
                                         of similar nature conferring the right upon the holders thereof to subscribe for, purchase
                                         or receive any class of Shares or other securities in the Company, upon such terms as
                                         the Directors may from time to time determine.

 

		3.4	Notwithstanding
                                         the foregoing, the Subscriber shall have the power to:

 

		(a)	issue
                                         one Share to itself;

 

		(b)	transfer
                                         that Share by an instrument of transfer to any person; and

 

		(c)	update
                                         the Register of Members in respect of the issue and transfer of that Share.

 

		3.5	The
                                         Company shall not issue Shares to bearer.

 

		4	Rights
                                         Attaching to Shares

 

		4.1	The
                                         rights attaching to all Shares shall rank pari passu in all respects, and the
                                         Class A Shares and Class B Shares shall vote together as a single class on all matters
                                         (subject to Article 11), with the exceptions that:

 

		(a)	the
                                         holder of a Class B Share shall have the Conversion Rights referred to in Article 4.2;
                                         and

 

		(b)	the
                                         holder of a Class C Share shall have the Conversion Rights referred to in Article 4.3;
                                         and

 

		(c)	the
                                         holder of a Class C Share shall not (in respect of such Class C Share) have the right
                                         to receive notice of, attend at or vote as a Member at any general meeting of the Company,
                                         but may vote at a separate class meeting convened in accordance with the Articles.

 

		4.2	Conversion
                                         Rights of Class B Shares. On the first business day following the consummation of
                                         the Company's initial Business Combination, the issued Class B Shares shall automatically
                                         be converted into such number of Class A Shares (or Class C Shares, following a Class
                                         C Election as described below) (the “Class B Conversion”) as is equal
                                         to 25% of the sum of:

 

		(a)	the
                                         total number of Class A Shares issued in the IPO (including pursuant to the Over-Allotment
                                         Option), plus

 

		(b)	the
                                         sum of (i) the total number of Class A Shares and Class C Shares issued or deemed issued,
                                         or issuable upon the conversion or exercise of any equity-linked securities or rights
                                         issued or deemed issued, by the Company in connection with or in relation to the consummation
                                         of the initial Business Combination (including Forward Purchase Shares, but not Forward
                                         Purchase Warrants), excluding any Class A Shares and/or Class C Shares or equity-linked
                                         securities exercisable for or convertible into Class A Shares issued, or to be issued,
                                         to any seller in the initial Business Combination and any Private Placement Warrants
                                         issued to the Sponsor upon conversion of loans to the Company that may be made by Omar
                                         M. Asali or his affiliate, at his option,

 

    D-7

    

    

 

minus
(ii) the total number of Public Shares repurchased pursuant to the IPO Redemption.

 

References
in this Article 4.2 to "converted", "conversion" or "exchange" shall mean the
compulsory redemption without notice of Class B Shares of any Member and, on behalf of such Members, automatic application of
such redemption proceeds in paying for such new Class A Shares (or Class C Shares, following a Class C Election as described below)
into which the Class B Shares have been converted or exchanged at a price per Class B Share necessary to give effect to a conversion
or exchange calculated on the basis that the Class A Shares (or Class C Shares, following a Class C Election as described below)
to be issued as part of the conversion or exchange will be issued at par. The Class A Shares (or Class C Shares, following a Class
C Election as described below) to be issued on an exchange or conversion shall be registered in the name of such Member or in
such name as the Member may direct.

 

Notwithstanding
anything to the contrary contained herein, in no event shall the Class B Shares convert into Class A Shares (or Class C Shares,
following a Class C Election as described below) at a ratio that is less than one-for-one.

 

Each
Class B Share shall convert into its pro rata number of Class A Shares and Class C Shares, if any, as set forth in this Article
4.2. The pro rata share for each holder of Class B Shares will be determined as follows: Each Class B Share shall convert into
such number of Class A Shares (or Class C Shares, following a Class C Election as described below) as is equal to the product
of 1 multiplied by a fraction, the numerator of which shall be the total number of Class A Shares (and Class C Shares, following
a Class C Election as described below) into which all of the issued Class B Shares shall be converted pursuant to this Article
and the denominator of which shall be the total number of issued Class B Shares at the time of conversion.

 

As
used in this Article 4.2, the term “Class C Election” means the election by any beneficial owner or holder
of Class B Shares to have its Class B Shares automatically converted into Class C Shares in the Class B Conversion in accordance
with this Article 4.2, provided that such holder or beneficial owner shall have provided written notice to the Company
of such election any time prior to the vote of holders of Class A Shares and Class B Shares to approve a Business Combination
and in any event no later than promptly following such vote.

 

		4.3	Conversion
                                         Rights of Class C Shares. Following the consummation of the Company's initial Business
                                         Combination, each issued Class C Share shall be converted into one Class A Share, subject
                                         to any necessary adjustments for any share splits, capitalisations, consolidations or
                                         similar transactions occurring in respect of the Class A Shares or the Class C Shares
                                         (a, "Class C Share Conversion"):

 

		(a)	on
                                         the 65th calendar day (or such other period as the Company and the registered
                                         holder may otherwise agree) following receipt by the Company of notice in writing from
                                         the registered holder of such Class C Share to convert such Class C Share (an “Elective
                                         Class C Conversion”); and

 

		(b)	automatically
                                         upon the transfer by the registered holder of such Class C Share, whether or not for
                                         value, to a third party, except for transfers to a nominee or “affiliate”
                                         (as such term is defined in Rule 12b-2 under the Exchange Act) of such holder in a transfer
                                         that will not result in a change of

 

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“beneficial
ownership” (as determined under Rule 13d-3 under the Exchange Act) or to a person that already holds Class A Shares.

 

No
Elective Class C Share Conversion shall result in the conversion of more than that number of Class C Shares, if any, such that,
upon such Class C Share Conversion, the aggregate beneficial ownership of the Class A Shares (calculated pursuant to Rule 13d-3
under the Exchange Act) of such holder and all persons affiliated with such holder as described in Rule 13d-3 is more than 4.999%
of the Class A Shares then in issue (the “Maximum Percentage”). In the event any Class C Share Conversion would
result in the issuance of Class A Shares to any holder in excess of the Maximum Percentage, only that number of Class C Shares
which when converted would not result in such holder exceeding the Maximum Percentage shall be subject to such applicable Class
C Share Conversion, if any, and the holder shall continue to hold any remaining Class C Shares, the conversion of which would
result in the holder exceeding the Maximum Percentage.

 

References
in this Article 4.3 to "converted", "conversion" or "exchange" shall mean the
redemption of Class C Shares of any Member and, on behalf of such Members, automatic application of such redemption proceeds in
paying for such new Class A Shares into which the Class C Shares have been converted or exchanged at a price per Class C Share
necessary to give effect to a conversion or exchange calculated on the basis that the Class A Shares to be issued as part of the
conversion or exchange will be issued at par. The Class A Shares to be issued on an exchange or conversion shall be registered
in the name of such Member or in such name as the Member may direct.

 

Any
amendment to this Article 4.3 shall only be made pursuant to a Special Resolution as specified under Article 18.3 as well as approval
by a majority of the Directors pursuant to the procedures set forth in Article 31.

 

		4.4	Reservation
                                         of Shares. The Directors shall not allot or issue
                                         Class A Shares such that the number of authorised but unissued Class A Shares would at
                                         any time be insufficient to permit the conversion of all Class B Shares and Class C Shares
                                         from time to time issued into Class A Shares.

 

		5	Register
                                         of Members

 

		5.1	The
                                         Company shall maintain or cause to be maintained the Register of Members in accordance
                                         with the Statute.

 

		5.2	The
                                         Directors may determine that the Company shall maintain one or more branch registers
                                         of Members in accordance with the Statute. The Directors may also determine which register
                                         of Members shall constitute the principal register and which shall constitute the branch
                                         register or registers, and to vary such determination from time to time.

 

		6	Closing
                                         Register of Members or Fixing Record Date

 

		6.1	For
                                         the purpose of determining Members entitled to notice of, or to vote at any meeting of
                                         Members or any adjournment thereof, or Members entitled to receive payment of any Dividend
                                         or other distribution, or in order to make a determination of Members for any other purpose,
                                         the Directors may, after any applicable notice has been given by advertisement in an
                                         appointed newspaper or any other newspaper or by any other means in accordance with the
                                         requirements of the Designated Stock

 

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Exchange,
provide that the Register of Members shall be closed for transfers for a stated period which shall not in any case exceed forty
days.

 

		6.2	In
                                         lieu of, or apart from, closing the Register of Members, the Directors may fix in advance
                                         or arrears a date as the record date for any such determination of Members entitled to
                                         notice of, or to vote at any meeting of the Members or any adjournment thereof, or for
                                         the purpose of determining the Members entitled to receive payment of any Dividend or
                                         other distribution, or in order to make a determination of Members for any other purpose.

 

		6.3	If
                                         the Register of Members is not so closed and no record date is fixed for the determination
                                         of Members entitled to notice of, or to vote at, a meeting of Members or Members entitled
                                         to receive payment of a Dividend or other distribution, the date on which notice of the
                                         meeting is sent or the date on which the resolution of the Directors resolving to pay
                                         such Dividend or other distribution is passed, as the case may be, shall be the record
                                         date for such determination of Members. When a determination of Members entitled to vote
                                         at any meeting of Members has been made as provided in this Article, such determination
                                         shall apply to any adjournment thereof.

 

		7	Certificates
                                         for Shares

 

		7.1	A
                                         Member shall only be entitled to a share certificate if the Directors resolve that share
                                         certificates shall be issued. Share certificates representing Shares, if any, shall be
                                         in such form as the Directors may determine. Share certificates shall be signed by one
                                         or more Directors or other person authorised by the Directors. The Directors may authorise
                                         certificates to be issued with the authorised signature(s) affixed by mechanical process.
                                         All certificates for Shares shall be consecutively numbered or otherwise identified and
                                         shall specify the Shares to which they relate. All certificates surrendered to the Company
                                         for transfer shall be cancelled and subject to the Articles no new certificate shall
                                         be issued until the former certificate representing a like number of relevant Shares
                                         shall have been surrendered and cancelled.

 

		7.2	The
                                         Company shall not be bound to issue more than one certificate for Shares held jointly
                                         by more than one person and delivery of a certificate to one joint holder shall be a
                                         sufficient delivery to all of them.

 

		7.3	If
                                         a share certificate is defaced, worn out, lost or destroyed, it may be renewed on such
                                         terms (if any) as to evidence and indemnity and on the payment of such expenses reasonably
                                         incurred by the Company in investigating evidence, as the Directors may prescribe, and
                                         (in the case of defacement or wearing out) upon delivery of the old certificate.

 

		7.4	Every
                                         share certificate sent in accordance with the Articles will be sent at the risk of the
                                         Member or other person entitled to the certificate. The Company will not be responsible
                                         for any share certificate lost or delayed in the course of delivery.

 

		7.5	Share
                                         certificates shall be issued within the relevant time limit as prescribed by the Statute,
                                         if applicable, or as the Designated Stock Exchange may from time to time determine, whichever
                                         is shorter, after the allotment or, except in the case of a Share transfer which the
                                         Company is for the time being entitled to refuse to register and does not register, after
                                         lodgement of a Share transfer with the Company.

 

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		8	Transfer
                                         of Shares

 

		8.1	Subject
                                         to the terms of the Articles, any Member may transfer all or any of his Shares by an
                                         instrument of transfer provided that such transfer complies with applicable rules of
                                         the SEC and federal and state securities laws of the United States. If the Shares in
                                         question were issued in conjunction with rights, options or warrants issued pursuant
                                         to Article 3 on terms that one cannot be transferred without the other, the Directors
                                         shall refuse to register the transfer of any such Share without evidence satisfactory
                                         to them of the like transfer of such option or warrant.

 

		8.2	The
                                         instrument of transfer of any Share shall be in writing in the usual or common form or
                                         in a form prescribed by the Designated Stock Exchange or in any other form approved by
                                         the Directors and shall be executed by or on behalf of the transferor (and if the Directors
                                         so require, signed by or on behalf of the transferee) and may be under hand or, if the
                                         transferor or transferee is a clearing house or its nominee(s), by hand or by machine
                                         imprinted signature or by such other manner of execution as the Directors may approve
                                         from time to time. The transferor shall be deemed to remain the holder of a Share until
                                         the name of the transferee is entered in the Register of Members.

 

		9	Redemption,
                                         Repurchase and Surrender of Shares

 

		9.1	Subject
                                         to the provisions of the Statute, and, where applicable, the rules of the Designated
                                         Stock Exchange and/or any competent regulatory authority, the Company may issue Shares
                                         that are to be redeemed or are liable to be redeemed at the option of the Member or the
                                         Company. The redemption of such Shares, except Public Shares, shall be effected in such
                                         manner and upon such other terms as the Company may, by Special Resolution, determine
                                         before the issue of such Shares. With respect to repurchasing or redeeming shares of
                                         the Company:

 

		(a)	Members
                                         who hold Public Shares are entitled to request the redemption of such Shares in the circumstances
                                         described in Article 49.3;

 

		(b)	Class
                                         B Shares held by the Sponsor shall be surrendered by the Sponsor for no consideration
                                         to the extent that the Over-Allotment Option is not exercised in full so that the Sponsor
                                         will own 20% of the sum of the number of issued Public Shares after the IPO and the number
                                         of Class B Shares held by the Sponsor following such surrender; and

 

		(c)	Public
                                         Shares shall be repurchased by way of tender offer in the circumstances set out in Article
                                         49.2(b).

 

		9.2	Subject
                                         to the provisions of the Statute, and, where applicable, the rules of the Designated
                                         Stock Exchange and/or any competent regulatory authority, the Company may purchase its
                                         own Shares (including any redeemable Shares) in such manner and on such other terms as
                                         the Directors may agree with the relevant Member. For the avoidance of doubt, repurchases
                                         or redemptions of Shares in the circumstances described at Articles 8.1(a), 8.1(b) and
                                         8.1(c) above shall not require further approval of the Members.

 

		9.3	The
                                         Company may make a payment in respect of the redemption or purchase of its own Shares
                                         in any manner permitted by the Statute, including out of capital.

 

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		9.4	The
                                         Directors may accept the surrender for no consideration of any fully paid Share.

 

		10	Treasury
                                         Shares

 

		10.1	The
                                         Directors may, prior to the purchase, redemption or surrender of any Share, determine
                                         that such Share shall be held as a Treasury Share.

 

		10.2	The
                                         Directors may determine to cancel a Treasury Share or transfer a Treasury Share on such
                                         terms as they think proper (including, without limitation, for nil consideration).

 

		11	Variation
                                         of Rights of Shares

 

		11.1	If
                                         at any time the share capital of the Company is divided into different classes of Shares,
                                         all or any of the rights attached to any class (unless otherwise provided by the terms
                                         of issue of the Shares of that class) may, whether or not the Company is being wound
                                         up, be varied without the consent of the holders of the issued Shares of that class where
                                         such variation is considered by the Directors not to have a material adverse effect upon
                                         such rights; otherwise, any such variation shall be made only with the consent in writing
                                         of the holders of not less than two thirds of the issued Shares of that class, or with
                                         the sanction of a resolution passed by a majority of not less than two thirds of the
                                         votes cast at a separate meeting of the holders of the Shares of that class. For the
                                         avoidance of doubt, the Directors reserve the right, notwithstanding that any such variation
                                         may not have a material adverse effect, to obtain consent from the holders of Shares
                                         of the relevant class. To any such meeting all the provisions of the Articles relating
                                         to general meetings shall apply mutatis mutandis, except that the necessary quorum
                                         shall be one person holding or representing by proxy at least fifty per cent of the issued
                                         Shares of the class and that any holder of Shares of the class present in person or by
                                         proxy may demand a poll.

 

		11.2	For
                                         the purposes of a separate class meeting, the Directors may treat two or more or all
                                         the classes of Shares as forming one class of Shares if the Directors consider that such
                                         class of Shares would be affected in the same way by the proposals under consideration,
                                         but in any other case shall treat them as separate classes of Shares.

 

		11.3	The
                                         rights conferred upon the holders of the Shares of any class issued with preferred or
                                         other rights shall not, unless otherwise expressly provided by the terms of issue of
                                         the Shares of that class, be deemed to be varied by the creation or issue of further
                                         Shares ranking pari passu therewith.

 

		12	Commission
                                         on Sale of Shares

 

The
Company may, in so far as the Statute permits, pay a commission to any person in consideration of his subscribing or agreeing
to subscribe (whether absolutely or conditionally) or procuring or agreeing to procure subscriptions (whether absolutely or conditionally)
for any Shares. Such commissions may be satisfied by the payment of cash and/or the issue of fully or partly paid-up Shares. The
Company may also on any issue of Shares pay such brokerage as may be lawful.

 

		13	Non
                                         Recognition of Trusts

 

The
Company shall not be bound by or compelled to recognise in any way (even when notified) any equitable, contingent, future or partial
interest in any Share, or (except only as is otherwise provided by the Articles or the Statute) any other rights

 

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in
respect of any Share other than an absolute right to the entirety thereof in the holder.

 

		14	Lien
                                         on Shares

 

		14.1	The
                                         Company shall have a first and paramount lien on all Shares (whether fully paid-up or
                                         not) registered in the name of a Member (whether solely or jointly with others) for all
                                         debts, liabilities or engagements to or with the Company (whether presently payable or
                                         not) by such Member or his estate, either alone or jointly with any other person, whether
                                         a Member or not, but the Directors may at any time declare any Share to be wholly or
                                         in part exempt from the provisions of this Article. The registration of a transfer of
                                         any such Share shall operate as a waiver of the Company's lien thereon. The Company's
                                         lien on a Share shall also extend to any amount payable in respect of that Share.

 

		14.2	The
                                         Company may sell, in such manner as the Directors think fit, any Shares on which the
                                         Company has a lien, if a sum in respect of which the lien exists is presently payable,
                                         and is not paid within fourteen clear days after notice has been received or deemed to
                                         have been received by the holder of the Shares, or to the person entitled to it in consequence
                                         of the death or bankruptcy of the holder, demanding payment and stating that if the notice
                                         is not complied with the Shares may be sold.

 

		14.3	To
                                         give effect to any such sale the Directors may authorise any person to execute an instrument
                                         of transfer of the Shares sold to, or in accordance with the directions of, the purchaser.
                                         The purchaser or his nominee shall be registered as the holder of the Shares comprised
                                         in any such transfer, and he shall not be bound to see to the application of the purchase
                                         money, nor shall his title to the Shares be affected by any irregularity or invalidity
                                         in the sale or the exercise of the Company's power of sale under the Articles.

 

		14.4	The
                                         net proceeds of such sale after payment of costs, shall be applied in payment of such
                                         part of the amount in respect of which the lien exists as is presently payable and any
                                         balance shall (subject to a like lien for sums not presently payable as existed upon
                                         the Shares before the sale) be paid to the person entitled to the Shares at the date
                                         of the sale.

 

		15	Call
                                         on Shares

 

		15.1	Subject
                                         to the terms of the allotment and issue of any Shares, the Directors may make calls upon
                                         the Members in respect of any monies unpaid on their Shares (whether in respect of par
                                         value or premium), and each Member shall (subject to receiving at least fourteen clear
                                         days' notice specifying the time or times of payment) pay to the Company at the time
                                         or times so specified the amount called on the Shares. A call may be revoked or postponed,
                                         in whole or in part, as the Directors may determine. A call may be required to be paid
                                         by instalments. A person upon whom a call is made shall remain liable for calls made
                                         upon him notwithstanding the subsequent transfer of the Shares in respect of which the
                                         call was made.

 

		15.2	A
                                         call shall be deemed to have been made at the time when the resolution of the Directors
                                         authorising such call was passed.

 

		15.3	The
                                         joint holders of a Share shall be jointly and severally liable to pay all calls in respect
                                         thereof.

 

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		15.4	If
                                         a call remains unpaid after it has become due and payable, the person from whom it is
                                         due shall pay interest on the amount unpaid from the day it became due and payable until
                                         it is paid at such rate as the Directors may determine (and in addition all expenses
                                         that have been incurred by the Company by reason of such non-payment), but the Directors
                                         may waive payment of the interest or expenses wholly or in part.

 

		15.5	An
                                         amount payable in respect of a Share on issue or allotment or at any fixed date, whether
                                         on account of the par value of the Share or premium or otherwise, shall be deemed to
                                         be a call and if it is not paid all the provisions of the Articles shall apply as if
                                         that amount had become due and payable by virtue of a call.

 

		15.6	The
                                         Directors may issue Shares with different terms as to the amount and times of payment
                                         of calls, or the interest to be paid.

 

		15.7	The
                                         Directors may, if they think fit, receive an amount from any Member willing to advance
                                         all or any part of the monies uncalled and unpaid upon any Shares held by him, and may
                                         (until the amount would otherwise become payable) pay interest at such rate as may be
                                         agreed upon between the Directors and the Member paying such amount in advance.

 

		15.8	No
                                         such amount paid in advance of calls shall entitle the Member paying such amount to any
                                         portion of a Dividend or other distribution payable in respect of any period prior to
                                         the date upon which such amount would, but for such payment, become payable.

 

		16	Forfeiture
                                         of Shares

 

		16.1	If
                                         a call or instalment of a call remains unpaid after it has become due and payable the
                                         Directors may give to the person from whom it is due not less than fourteen clear days'
                                         notice requiring payment of the amount unpaid together with any interest which may have
                                         accrued and any expenses incurred by the Company by reason of such non-payment. The notice
                                         shall specify where payment is to be made and shall state that if the notice is not complied
                                         with the Shares in respect of which the call was made will be liable to be forfeited.

 

		16.2	If
                                         the notice is not complied with, any Share in respect of which it was given may, before
                                         the payment required by the notice has been made, be forfeited by a resolution of the
                                         Directors. Such forfeiture shall include all Dividends, other distributions or other
                                         monies payable in respect of the forfeited Share and not paid before the forfeiture.

 

		16.3	A
                                         forfeited Share may be sold, re-allotted or otherwise disposed of on such terms and in
                                         such manner as the Directors think fit and at any time before a sale, re-allotment or
                                         disposition the forfeiture may be cancelled on such terms as the Directors think fit.
                                         Where for the purposes of its disposal a forfeited Share is to be transferred to any
                                         person the Directors may authorise some person to execute an instrument of transfer of
                                         the Share in favour of that person.

 

		16.4	A
                                         person any of whose Shares have been forfeited shall cease to be a Member in respect
                                         of them and shall surrender to the Company for cancellation the certificate for the Shares
                                         forfeited and shall remain liable to pay to the Company all monies which at the date
                                         of forfeiture were payable by him to the Company in respect of those Shares together
                                         with interest at such rate as the Directors may determine, but

 

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his
liability shall cease if and when the Company shall have received payment in full of all monies due and payable by him in respect
of those Shares.

 

		16.5	A
                                         certificate in writing under the hand of one Director or officer of the Company that
                                         a Share has been forfeited on a specified date shall be conclusive evidence of the facts
                                         stated in it as against all persons claiming to be entitled to the Share. The certificate
                                         shall (subject to the execution of an instrument of transfer) constitute a good title
                                         to the Share and the person to whom the Share is sold or otherwise disposed of shall
                                         not be bound to see to the application of the purchase money, if any, nor shall his title
                                         to the Share be affected by any irregularity or invalidity in the proceedings in reference
                                         to the forfeiture, sale or disposal of the Share.

 

		16.6	The
                                         provisions of the Articles as to forfeiture shall apply in the case of non payment of
                                         any sum which, by the terms of issue of a Share, becomes payable at a fixed time, whether
                                         on account of the par value of the Share or by way of premium as if it had been payable
                                         by virtue of a call duly made and notified.

 

		17	Transmission
                                         of Shares

 

		17.1	If
                                         a Member dies the survivor or survivors (where he was a joint holder) or his legal personal
                                         representatives (where he was a sole holder), shall be the only persons recognised by
                                         the Company as having any title to his Shares. The estate of a deceased Member is not
                                         thereby released from any liability in respect of any Share, for which he was a joint
                                         or sole holder.

 

		17.2	Any
                                         person becoming entitled to a Share in consequence of the death or bankruptcy or liquidation
                                         or dissolution of a Member (or in any other way than by transfer) may, upon such evidence
                                         being produced as may be required by the Directors, elect, by a notice in writing sent
                                         by him to the Company, either to become the holder of such Share or to have some person
                                         nominated by him registered as the holder of such Share. If he elects to have another
                                         person registered as the holder of such Share he shall sign an instrument of transfer
                                         of that Share to that person. The Directors shall, in either case, have the same right
                                         to decline or suspend registration as they would have had in the case of a transfer of
                                         the Share by the relevant Member before his death or bankruptcy or liquidation or dissolution,
                                         as the case may be.

 

		17.3	A
                                         person becoming entitled to a Share by reason of the death or bankruptcy or liquidation
                                         or dissolution of a Member (or in any other case than by transfer) shall be entitled
                                         to the same Dividends, other distributions and other advantages to which he would be
                                         entitled if he were the holder of such Share. However, he shall not, before becoming
                                         a Member in respect of a Share, be entitled in respect of it to exercise any right conferred
                                         by membership in relation to general meetings of the Company and the Directors may at
                                         any time give notice requiring any such person to elect either to be registered himself
                                         or to have some person nominated by him be registered as the holder of the Share (but
                                         the Directors shall, in either case, have the same right to decline or suspend registration
                                         as they would have had in the case of a transfer of the Share by the relevant Member
                                         before his death or bankruptcy or liquidation or dissolution or any other case than by
                                         transfer, as the case may be). If the notice is not complied with within ninety days
                                         of being received or deemed to be received (as determined pursuant to the Articles) the
                                         Directors may thereafter withhold payment of all Dividends, other distributions, bonuses
                                         or other monies payable in respect of the Share until the requirements of the notice
                                         have been complied with.

 

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		18	Amendments
                                         of Memorandum and Articles of Association and Alteration of Capital

 

		18.1	The
                                         Company may by Ordinary Resolution:

 

		(a)	increase
                                         its share capital by such sum as the Ordinary Resolution shall prescribe and with such
                                         rights, priorities and privileges annexed thereto, as the Company in general meeting
                                         may determine;

 

		(b)	consolidate
                                         and divide all or any of its share capital into Shares of larger amount than its existing
                                         Shares;

 

		(c)	convert
                                         all or any of its paid-up Shares into stock, and reconvert that stock into paid-up Shares
                                         of any denomination;

 

		(d)	by
                                         subdivision of its existing Shares or any of them divide the whole or any part of its
                                         share capital into Shares of smaller amount than is fixed by the Memorandum or into Shares
                                         without par value; and

 

		(e)	cancel
                                         any Shares that at the date of the passing of the Ordinary Resolution have not been taken
                                         or agreed to be taken by any person and diminish the amount of its share capital by the
                                         amount of the Shares so cancelled.

 

		18.2	All
                                         new Shares created in accordance with the provisions of the preceding Article shall be
                                         subject to the same provisions of the Articles with reference to the payment of calls,
                                         liens, transfer, transmission, forfeiture and otherwise as the Shares in the original
                                         share capital.

 

		18.3	Subject
                                         to the provisions of the Statute, the provisions of the Articles as regards the matters
                                         to be dealt with by Ordinary Resolution, Article 4.3 and Article 49, the Company may
                                         by Special Resolution:

 

		(a)	change
                                         its name;

 

		(b)	alter
                                         or add to the Articles (subject to Article 29.4);

 

		(c)	alter
                                         or add to the Memorandum with respect to any objects, powers or other matters specified
                                         therein; and

 

		(d)	reduce
                                         its share capital or any capital redemption reserve fund.

 

		19	Offices
                                         and Places of Business

 

Subject
to the provisions of the Statute, the Company may by resolution of the Directors change the location of its Registered Office.
The Company may, in addition to its Registered Office, maintain such other offices or places of business as the Directors determine.

 

		20	General
                                         Meetings

 

		20.1	All
                                         general meetings other than annual general meetings shall be called extraordinary general
                                         meetings.

 

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		20.2	The
                                         Company may, but shall not (unless required by the Statute) be obliged to, in each year
                                         hold a general meeting as its annual general meeting, and shall specify the meeting as
                                         such in the notices calling it. Any annual general meeting shall be held at such time
                                         and place as the Directors shall appoint and if no other time and place is prescribed
                                         by them, it shall be held at the Registered Office on the second Wednesday in December
                                         of each year at ten o'clock in the morning. At these meetings the report of the Directors
                                         (if any) shall be presented.

 

		20.3	The
                                         Directors may call general meetings, and they shall on a Members' requisition forthwith
                                         proceed to convene an extraordinary general meeting of the Company.

 

		20.4	A
                                         Members' requisition is a requisition of Members holding at the date of deposit of the
                                         requisition not less than thirty per cent in par value of the issued Shares which as
                                         at that date carry the right to vote at general meetings of the Company.

 

		20.5	The
                                         Members' requisition must state the objects of the meeting and must be signed by the
                                         requisitionists and deposited at the Registered Office, and may consist of several documents
                                         in like form each signed by one or more requisitionists.

 

		20.6	If
                                         there are no Directors as at the date of the deposit of the Members' requisition or if
                                         the Directors do not within twenty-one days from the date of the deposit of the Members'
                                         requisition duly proceed to convene a general meeting to be held within a further twenty-one
                                         days, the requisitionists, or any of them representing more than one-half of the total
                                         voting rights of all of the requisitionists, may themselves convene a general meeting,
                                         but any meeting so convened shall be held no later than the day which falls three months
                                         after the expiration of the said twenty-one day period.

 

		20.7	A
                                         general meeting convened as aforesaid by requisitionists shall be convened in the same
                                         manner as nearly as possible as that in which general meetings are to be convened by
                                         Directors.

 

		21	Notice
                                         of General Meetings

 

		21.1	At
                                         least five days' notice shall be given of any general meeting. Every notice shall specify
                                         the place, the day and the hour of the meeting and the general nature of the business
                                         to be conducted at the general meeting and shall be given in the manner hereinafter mentioned
                                         or in such other manner if any as may be prescribed by the Company, provided that a general
                                         meeting of the Company shall, whether or not the notice specified in this Article has
                                         been given and whether or not the provisions of the Articles regarding general meetings
                                         have been complied with, be deemed to have been duly convened if it is so agreed:

 

		(a)	in
                                         the case of an annual general meeting, by all of the Members entitled to attend and vote
                                         thereat; and

 

		(b)	in
                                         the case of an extraordinary general meeting, by a majority in number of the Members
                                         having a right to attend and vote at the meeting, together holding not less than ninety
                                         five per cent. in par value of the Shares giving that right.

 

		21.2	The
                                         accidental omission to give notice of a general meeting to, or the non receipt of notice
                                         of a general meeting by, any person entitled to receive such notice shall not invalidate
                                         the proceedings of that general meeting.

 

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		22	Proceedings
                                         at General Meetings

 

		22.1	No
                                         business shall be transacted at any general meeting unless a quorum is present. The holders
                                         of a majority of the issued Shares being individuals present in person or by proxy or
                                         if a corporation or other non-natural person by its duly authorised representative or
                                         proxy shall be a quorum.

 

		22.2	A
                                         person may participate at a general meeting by conference telephone or other communications
                                         equipment by means of which all the persons participating in the meeting can communicate
                                         with each other. Participation by a person in a general meeting in this manner is treated
                                         as presence in person at that meeting.

 

		22.3	A
                                         resolution (including a Special Resolution) in writing (in one or more counterparts)
                                         signed by or on behalf of all of the Members for the time being entitled to receive notice
                                         of and to attend and vote at general meetings (or, being corporations or other non-natural
                                         persons, signed by their duly authorised representatives) shall be as valid and effective
                                         as if the resolution had been passed at a general meeting of the Company duly convened
                                         and held.

 

		22.4	If
                                         a quorum is not present within half an hour from the time appointed for the meeting to
                                         commence or if during such a meeting a quorum ceases to be present, the meeting, if convened
                                         upon a Members' requisition, shall be dissolved and in any other case it shall stand
                                         adjourned to the same day in the next week at the same time and/or place or to such other
                                         day, time and/or place as the Directors may determine, and if at the adjourned meeting
                                         a quorum is not present within half an hour from the time appointed for the meeting to
                                         commence, the meeting shall be dissolved.

 

		22.5	The
                                         Directors may, at any time prior to the time appointed for the meeting to commence, appoint
                                         any person to act as chairman of a general meeting of the Company or, if the Directors
                                         do not make any such appointment, the chairman, if any, of the board of Directors shall
                                         preside as chairman at such general meeting. If there is no such chairman, or if he shall
                                         not be present within fifteen minutes after the time appointed for the meeting to commence,
                                         or is unwilling to act, the Directors present shall elect one of their number to be chairman
                                         of the meeting.

 

		22.6	If
                                         no Director is willing to act as chairman or if no Director is present within fifteen
                                         minutes after the time appointed for the meeting to commence, the Members present shall
                                         choose one of their number to be chairman of the meeting.

 

		22.7	The
                                         chairman may, with the consent of a meeting at which a quorum is present (and shall if
                                         so directed by the meeting) adjourn the meeting from time to time and from place to place,
                                         but no business shall be transacted at any adjourned meeting other than the business
                                         left unfinished at the meeting from which the adjournment took place.

 

		22.8	When
                                         a general meeting is adjourned for thirty days or more, notice of the adjourned meeting
                                         shall be given as in the case of an original meeting. Otherwise it shall not be necessary
                                         to give any such notice of an adjourned meeting.

 

		22.9	A
                                         resolution put to the vote of the meeting shall be decided on a poll.

 

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		22.10	A
                                         poll shall be taken as the chairman directs, and the result of the poll shall be deemed
                                         to be the resolution of the general meeting at which the poll was demanded.

 

		22.11	A
                                         poll demanded on the election of a chairman or on a question of adjournment shall be
                                         taken forthwith. A poll demanded on any other question shall be taken at such date, time
                                         and place as the chairman of the general meeting directs, and any business other than
                                         that upon which a poll has been demanded or is contingent thereon may proceed pending
                                         the taking of the poll.

 

		22.12	In
                                         the case of an equality of votes, whether on a show of hands or on a poll, the chairman
                                         shall be entitled to a second or casting vote.

 

		23	Votes
                                         of Members

 

		23.1	Subject
                                         to any rights or restrictions attached to any Shares, every Member present in any such
                                         manner shall have one vote for every Share of which he is the holder.

 

		23.2	In
                                         the case of joint holders the vote of the senior holder who tenders a vote, whether in
                                         person or by proxy (or, in the case of a corporation or other non-natural person, by
                                         its duly authorised representative or proxy), shall be accepted to the exclusion of the
                                         votes of the other joint holders, and seniority shall be determined by the order in which
                                         the names of the holders stand in the Register of Members.

 

		23.3	A
                                         Member of unsound mind, or in respect of whom an order has been made by any court, having
                                         jurisdiction in lunacy, may vote by his committee, receiver, curator bonis, or other
                                         person on such Member's behalf appointed by that court, and any such committee, receiver,
                                         curator bonis or other person may vote by proxy.

 

		23.4	No
                                         person shall be entitled to vote at any general meeting unless he is registered as a
                                         Member on the record date for such meeting nor unless all calls or other monies then
                                         payable by him in respect of Shares have been paid.

 

		23.5	No
                                         objection shall be raised as to the qualification of any voter except at the general
                                         meeting or adjourned general meeting at which the vote objected to is given or tendered
                                         and every vote not disallowed at the meeting shall be valid. Any objection made in due
                                         time in accordance with this Article shall be referred to the chairman whose decision
                                         shall be final and conclusive.

 

		23.6	Votes
                                         may be cast either personally or by proxy (or in the case of a corporation or other non-natural
                                         person by its duly authorised representative or proxy). A Member may appoint more than
                                         one proxy or the same proxy under one or more instruments to attend and vote at a meeting.
                                         Where a Member appoints more than one proxy the instrument of proxy shall specify the
                                         number of Shares in respect of which each proxy is entitled to exercise the related votes.

 

		23.7	A
                                         Member holding more than one Share need not cast the votes in respect of his Shares in
                                         the same way on any resolution and therefore may vote a Share or some or all such Shares
                                         either for or against a resolution and/or abstain from voting a Share or some or all
                                         of the Shares and, subject to the terms of the instrument appointing him, a proxy appointed
                                         under one or more instruments may vote a Share or some or all of the Shares in respect
                                         of which he is appointed either for or against a resolution and/or abstain from voting
                                         a Share or some or all of the Shares in respect of which he is appointed.

 

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		24	Proxies

 

		24.1	The
                                         instrument appointing a proxy shall be in writing and shall be executed under the hand
                                         of the appointor or of his attorney duly authorised in writing, or, if the appointor
                                         is a corporation or other non natural person, under the hand of its duly authorised representative.
                                         A proxy need not be a Member.

 

		24.2	The
                                         Directors may, in the notice convening any meeting or adjourned meeting, or in an instrument
                                         of proxy sent out by the Company, specify the manner by which the instrument appointing
                                         a proxy shall be deposited and the place and the time (being not later than the time
                                         appointed for the commencement of the meeting or adjourned meeting to which the proxy
                                         relates) at which the instrument appointing a proxy shall be deposited. In the absence
                                         of any such direction from the Directors in the notice convening any meeting or adjourned
                                         meeting or in an instrument of proxy sent out by the Company, the instrument appointing
                                         a proxy shall be deposited physically at the Registered Office not less than 48 hours
                                         before the time appointed for the meeting or adjourned meeting to commence at which the
                                         person named in the instrument proposes to vote.

 

The
chairman may in any event at his discretion declare that an instrument of proxy shall be deemed to have been duly deposited. An
instrument of proxy that is not deposited in the manner permitted, or which has not been declared to have been duly deposited
by the chairman, shall be invalid.

 

		24.3	The
                                         instrument appointing a proxy may be in any usual or common form (or such other form
                                         as the Directors may approve) and may be expressed to be for a particular meeting or
                                         any adjournment thereof or generally until revoked. An instrument appointing a proxy
                                         shall be deemed to include the power to demand or join or concur in demanding a poll.

 

		24.4	Votes
                                         given in accordance with the terms of an instrument of proxy shall be valid notwithstanding
                                         the previous death or insanity of the principal or revocation of the proxy or of the
                                         authority under which the proxy was executed, or the transfer of the Share in respect
                                         of which the proxy is given unless notice in writing of such death, insanity, revocation
                                         or transfer was received by the Company at the Registered Office before the commencement
                                         of the general meeting, or adjourned meeting at which it is sought to use the proxy.

 

		25	Corporate
                                         Members

 

		25.1	Any
                                         corporation or other non-natural person which is a Member may in accordance with its
                                         constitutional documents, or in the absence of such provision by resolution of its directors
                                         or other governing body, authorise such person as it thinks fit to act as its representative
                                         at any meeting of the Company or of any class of Members, and the person so authorised
                                         shall be entitled to exercise the same powers on behalf of the corporation which he represents
                                         as the corporation could exercise if it were an individual Member.

 

		25.2	If
                                         a clearing house (or its nominee(s)), being a corporation, is a Member, it may authorise
                                         such persons as it sees fit to act as its representative at any meeting of the Company
                                         or at any meeting of any class of Members provided that the authorisation shall specify
                                         the number and class of Shares in respect of which each such representative is so authorised.
                                         Each person so authorised under the provisions of this Article shall be deemed to have
                                         been duly authorised without further evidence of

 

    D-20

    

    

 

the
facts and be entitled to exercise the same rights and powers on behalf of the clearing house (or its nominee(s)) as if such person
was the registered holder of such Shares held by the clearing house (or its nominee(s)).

 

		26	Shares
                                         that May Not be Voted

 

Shares
in the Company that are beneficially owned by the Company shall not be voted, directly or indirectly, at any meeting and shall
not be counted in determining the total number of outstanding Shares at any given time.

 

		27	Directors

 

There
shall be a board of Directors consisting of not less than one person provided however that the Company may by Ordinary Resolution
increase or reduce the limits in the number of Directors. The first Directors of the Company shall be determined in writing by,
or appointed by a resolution of, the Subscriber.

 

		28	Powers
                                         of Directors

 

		28.1	Subject
                                         to the provisions of the Statute, the Memorandum and the Articles and to any directions
                                         given by Special Resolution, the business of the Company shall be managed by the Directors
                                         who may exercise all the powers of the Company. No alteration of the Memorandum or Articles
                                         and no such direction shall invalidate any prior act of the Directors which would have
                                         been valid if that alteration had not been made or that direction had not been given.
                                         A duly convened meeting of Directors at which a quorum is present may exercise all powers
                                         exercisable by the Directors.

 

		28.2	All
                                         cheques, promissory notes, drafts, bills of exchange and other negotiable or transferable
                                         instruments and all receipts for monies paid to the Company shall be signed, drawn, accepted,
                                         endorsed or otherwise executed as the case may be in such manner as the Directors shall
                                         determine by resolution.

 

		28.3	The
                                         Directors on behalf of the Company may pay a gratuity or pension or allowance on retirement
                                         to any Director who has held any other salaried office or place of profit with the Company
                                         or to his widow or dependants and may make contributions to any fund and pay premiums
                                         for the purchase or provision of any such gratuity, pension or allowance.

 

		28.4	The
                                         Directors may exercise all the powers of the Company to borrow money and to mortgage
                                         or charge its undertaking, property and assets (present and future) and uncalled capital
                                         or any part thereof and to issue debentures, debenture stock, mortgages, bonds and other
                                         such securities whether outright or as security for any debt, liability or obligation
                                         of the Company or of any third party.

 

		29	Appointment
                                         and Removal of Directors

 

		29.1	Prior
                                         to the closing of a Business Combination, the Company may by Ordinary Resolution of the
                                         holders of the Class B Shares appoint any person to be a Director or may by Ordinary
                                         Resolution remove any Director. For the avoidance of doubt, prior to the closing of a
                                         Business Combination holders of Class A Shares shall have no right to vote on the appointment
                                         or removal of any Director.

 

		29.2	The
                                         Directors may appoint any person to be a Director, either to fill a vacancy or as an
                                         additional Director provided that the appointment does not cause the number of

 

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Directors
to exceed any number fixed by or in accordance with the Articles as the maximum number of Directors.

 

		29.3	After
                                         the closing of a Business Combination, the Company may by Ordinary Resolution appoint
                                         any person to be a Director or may by Ordinary Resolution remove any Director.

 

		29.4	Article
                                         29.1 may only be amended by a Special Resolution passed by a majority of at least 90%
                                         of such members as, being entitled to do so, vote in person or, where proxies are allowed,
                                         by proxy at a general meeting of which notice specifying the intention to propose the
                                         resolution as a special resolution has been given, or by way of unanimous written resolution
                                         of all members.

 

		30	Vacation
                                         of Office of Director

 

The
office of a Director shall be vacated if:

 

		(a)	the
                                         Director gives notice in writing to the Company that he resigns the office of Director;
                                         or

 

		(b)	the
                                         Director absents himself (for the avoidance of doubt, without being represented by proxy)
                                         from three consecutive meetings of the board of Directors without special leave of absence
                                         from the Directors, and the Directors pass a resolution that he has by reason of such
                                         absence vacated office; or

 

		(c)	the
                                         Director dies, becomes bankrupt or makes any arrangement or composition with his creditors
                                         generally; or

 

		(d)	the
                                         Director is found to be or becomes of unsound mind; or

 

		(e)	all
                                         of the other Directors (being not less than two in number) determine that he should be
                                         removed as a Director, either by a resolution passed by all of the other Directors at
                                         a meeting of the Directors duly convened and held in accordance with the Articles or
                                         by a resolution in writing signed by all of the other Directors.

 

		31	Proceedings
                                         of Directors

 

		31.1	The
                                         quorum for the transaction of the business of the Directors may be fixed by the Directors,
                                         and unless so fixed shall be a majority if there are three or more Directors, shall be
                                         two if there are two Directors, and shall be one if there is only one Director.

 

		31.2	Subject
                                         to the provisions of the Articles, the Directors may regulate their proceedings as they
                                         think fit. Questions arising at any meeting shall be decided by a majority of votes.
                                         In the case of an equality of votes, the chairman shall have a second or casting vote.

 

		31.3	A
                                         person may participate in a meeting of the Directors or committee of Directors by conference
                                         telephone or other communications equipment by means of which all the persons participating
                                         in the meeting can communicate with each other at the same time. Participation by a person
                                         in a meeting in this manner is treated as presence in person at that meeting. Unless
                                         otherwise determined by the Directors the meeting

 

    D-22

    

    

 

shall
be deemed to be held at the place where the chairman is located at the start of the meeting.

 

		31.4	A
                                         resolution in writing (in one or more counterparts) signed by all the Directors or all
                                         the members of a committee of the Directors or, in the case of a resolution in writing
                                         relating to the removal of any Director or the vacation of office by any Director, all
                                         of the Directors other than the Director who is the subject of such resolution shall
                                         be as valid and effectual as if it had been passed at a meeting of the Directors, or
                                         committee of Directors as the case may be, duly convened and held.

 

		31.5	A
                                         Director may, or other officer of the Company on the direction of a Director shall, call
                                         a meeting of the Directors by at least two days' notice in writing to every Director
                                         which notice shall set forth the general nature of the business to be considered unless
                                         notice is waived by all the Directors either at, before or after the meeting is held.
                                         To any such notice of a meeting of the Directors all the provisions of the Articles relating
                                         to the giving of notices by the Company to the Members shall apply mutatis mutandis.

 

		31.6	The
                                         continuing Directors (or a sole continuing Director, as the case may be) may act notwithstanding
                                         any vacancy in their body, but if and so long as their number is reduced below the number
                                         fixed by or pursuant to the Articles as the necessary quorum of Directors the continuing
                                         Directors or Director may act for the purpose of increasing the number of Directors to
                                         be equal to such fixed number, or of summoning a general meeting of the Company, but
                                         for no other purpose.

 

		31.7	The
                                         Directors may elect a chairman of their board and determine the period for which he is
                                         to hold office; but if no such chairman is elected, or if at any meeting the chairman
                                         is not present within fifteen minutes after the time appointed for the meeting to commence,
                                         the Directors present may choose one of their number to be chairman of the meeting.

 

		31.8	All
                                         acts done by any meeting of the Directors or of a committee of the Directors shall, notwithstanding
                                         that it is afterwards discovered that there was some defect in the appointment of any
                                         Director, and/or that they or any of them were disqualified, and/or had vacated their
                                         office and/or were not entitled to vote, be as valid as if every such person had been
                                         duly appointed and/or not disqualified to be a Director and/or had not vacated their
                                         office and/or had been entitled to vote, as the case may be.

 

		31.9	A
                                         Director may be represented at any meetings of the board of Directors by a proxy appointed
                                         in writing by him. The proxy shall count towards the quorum and the vote of the proxy
                                         shall for all purposes be deemed to be that of the appointing Director.

 

		32	Presumption
                                         of Assent

 

A
Director who is present at a meeting of the board of Directors at which action on any Company matter is taken shall be presumed
to have assented to the action taken unless his dissent shall be entered in the minutes of the meeting or unless he shall file
his written dissent from such action with the person acting as the chairman or secretary of the meeting before the adjournment
thereof or shall forward such dissent by registered post to such person immediately after the adjournment of the meeting. Such
right to dissent shall not apply to a Director who voted in favour of such action.

 

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		33	Directors'
                                         Interests

 

		33.1	A
                                         Director may hold any other office or place of profit under the Company (other than the
                                         office of Auditor) in conjunction with his office of Director for such period and on
                                         such terms as to remuneration and otherwise as the Directors may determine.

 

		33.2	A
                                         Director may act by himself or by, through or on behalf of his firm in a professional
                                         capacity for the Company and he or his firm shall be entitled to remuneration for professional
                                         services as if he were not a Director.

 

		33.3	A
                                         Director may be or become a director or other officer of or otherwise interested in any
                                         company promoted by the Company or in which the Company may be interested as a shareholder,
                                         a contracting party or otherwise, and no such Director shall be accountable to the Company
                                         for any remuneration or other benefits received by him as a director or officer of, or
                                         from his interest in, such other company.

 

		33.4	No
                                         person shall be disqualified from the office of Director or prevented by such office
                                         from contracting with the Company, either as vendor, purchaser or otherwise, nor shall
                                         any such contract or any contract or transaction entered into by or on behalf of the
                                         Company in which any Director shall be in any way interested be or be liable to be avoided,
                                         nor shall any Director so contracting or being so interested be liable to account to
                                         the Company for any profit realised by or arising in connection with any such contract
                                         or transaction by reason of such Director holding office or of the fiduciary relationship
                                         thereby established. A Director shall be at liberty to vote in respect of any contract
                                         or transaction in which he is interested provided that the nature of the interest of
                                         any Director in any such contract or transaction shall be disclosed by him at or prior
                                         to its consideration and any vote thereon.

 

		33.5	A
                                         general notice that a Director is a shareholder, director, officer or employee of any
                                         specified firm or company and is to be regarded as interested in any transaction with
                                         such firm or company shall be sufficient disclosure for the purposes of voting on a resolution
                                         in respect of a contract or transaction in which he has an interest, and after such general
                                         notice it shall not be necessary to give special notice relating to any particular transaction.

 

		34	Minutes

 

The
Directors shall cause minutes to be made in books kept for the purpose of recording all appointments of officers made by the Directors,
all proceedings at meetings of the Company or the holders of any class of Shares and of the Directors, and of committees of the
Directors, including the names of the Directors present at each meeting.

 

		35	Delegation
                                         of Directors' Powers

 

		35.1	The
                                         Directors may delegate any of their powers, authorities and discretions, including the
                                         power to sub-delegate, to any committee consisting of one or more Directors. Any such
                                         delegation may be made subject to any conditions the Directors may impose and either
                                         collaterally with or to the exclusion of their own powers and any such delegation may
                                         be revoked or altered by the Directors. Subject to any such conditions, the proceedings
                                         of a committee of Directors shall be governed by the Articles regulating the proceedings
                                         of Directors, so far as they are capable of applying.

 

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		35.2	The
                                         Directors may establish any committees, local boards or agencies or appoint any person
                                         to be a manager or agent for managing the affairs of the Company and may appoint any
                                         person to be a member of such committees, local boards or agencies. Any such appointment
                                         may be made subject to any conditions the Directors may impose, and either collaterally
                                         with or to the exclusion of their own powers and any such appointment may be revoked
                                         or altered by the Directors. Subject to any such conditions, the proceedings of any such
                                         committee, local board or agency shall be governed by the Articles regulating the proceedings
                                         of Directors, so far as they are capable of applying.

 

		35.3	The
                                         Directors may by power of attorney or otherwise appoint any person to be the agent of
                                         the Company on such conditions as the Directors may determine, provided that the delegation
                                         is not to the exclusion of their own powers and may be revoked by the Directors at any
                                         time.

 

		35.4	The
                                         Directors may by power of attorney or otherwise appoint any company, firm, person or
                                         body of persons, whether nominated directly or indirectly by the Directors, to be the
                                         attorney or authorised signatory of the Company for such purpose and with such powers,
                                         authorities and discretions (not exceeding those vested in or exercisable by the Directors
                                         under the Articles) and for such period and subject to such conditions as they may think
                                         fit, and any such powers of attorney or other appointment may contain such provisions
                                         for the protection and convenience of persons dealing with any such attorneys or authorised
                                         signatories as the Directors may think fit and may also authorise any such attorney or
                                         authorised signatory to delegate all or any of the powers, authorities and discretions
                                         vested in him.

 

		35.5	The
                                         Directors may appoint such officers of the Company (including, for the avoidance of doubt
                                         and without limitation, any chairman of the board of Directors, vice chairman of the
                                         board of Directors, one or more chief executive officers or co-chief executive officers,
                                         presidents, a chief financial officer, a secretary, a treasurer, vice-presidents, one
                                         or more assistant vice presidents, one or more assistant treasurers, one or more assistant
                                         secretaries or any other officers as may be determined by the Directors) as they consider
                                         necessary on such terms, at such remuneration and to perform such duties, and subject
                                         to such provisions as to disqualification and removal as the Directors may think fit.
                                         Unless otherwise specified in the terms of his appointment an officer of the Company
                                         may be removed by resolution of the Directors or Members. An officer of the Company may
                                         vacate his office at any time if he gives notice in writing to the Company that he resigns
                                         his office.

 

		36	No
                                         Minimum Shareholding

 

The
Company in general meeting may fix a minimum shareholding required to be held by a Director, but unless and until such a shareholding
qualification is fixed a Director is not required to hold Shares.

 

		37	Remuneration
                                         of Directors

 

		37.1	The
                                         remuneration to be paid to the Directors, if any, shall be such remuneration as the Directors
                                         shall determine, provided that no remuneration shall be paid to any Director prior to
                                         the consummation of a Business Combination. The Directors shall also, whether prior to
                                         or after the consummation of a Business Combination, be entitled to be paid all travelling,
                                         hotel and other expenses properly incurred by them in connection with their attendance
                                         at meetings of Directors or committees of

 

    D-25

    

    

 

Directors,
or general meetings of the Company, or separate meetings of the holders of any class of Shares or debentures of the Company, or
otherwise in connection with the business of the Company or the discharge of their duties as a Director, or to receive a fixed
allowance in respect thereof as may be determined by the Directors, or a combination partly of one such method and partly the
other.

 

		37.2	The
                                         Directors may by resolution approve additional remuneration to any Director for any services
                                         which in the opinion of the Directors go beyond his ordinary routine work as a Director.
                                         Any fees paid to a Director who is also counsel, attorney or solicitor to the Company,
                                         or otherwise serves it in a professional capacity shall be in addition to his remuneration
                                         as a Director.

 

		38	Seal

 

		38.1	The
                                         Company may, if the Directors so determine, have a Seal. The Seal shall only be used
                                         by the authority of the Directors or of a committee of the Directors authorised by the
                                         Directors. Every instrument to which the Seal has been affixed shall be signed by at
                                         least one person who shall be either a Director or some officer of the Company or other
                                         person appointed by the Directors for the purpose.

 

		38.2	The
                                         Company may have for use in any place or places outside the Cayman Islands a duplicate
                                         Seal or Seals each of which shall be a facsimile of the common Seal of the Company and,
                                         if the Directors so determine, with the addition on its face of the name of every place
                                         where it is to be used.

 

		38.3	A
                                         Director or officer, representative or attorney of the Company may without further authority
                                         of the Directors affix the Seal over his signature alone to any document of the Company
                                         required to be authenticated by him under seal or to be filed with the Registrar of Companies
                                         in the Cayman Islands or elsewhere wheresoever.

 

		39	Dividends,
                                         Distributions and Reserve

 

		39.1	Subject
                                         to the Statute and this Article and except as otherwise provided by the rights attached
                                         to any Shares, the Directors may resolve to pay Dividends and other distributions on
                                         Shares in issue and authorise payment of the Dividends or other distributions out of
                                         the funds of the Company lawfully available therefor. A Dividend shall be deemed to be
                                         an interim Dividend unless the terms of the resolution pursuant to which the Directors
                                         resolve to pay such Dividend specifically state that such Dividend shall be a final Dividend.
                                         No Dividend or other distribution shall be paid except out of the realised or unrealised
                                         profits of the Company, out of the share premium account or as otherwise permitted by
                                         the Statute.

 

		39.2	Except
                                         as otherwise provided by the rights attached to any Shares, all Dividends and other distributions
                                         shall be paid according to the par value of the Shares that a Member holds. If any Share
                                         is issued on terms providing that it shall rank for Dividend as from a particular date,
                                         that Share shall rank for Dividend accordingly.

 

		39.3	The
                                         Directors may deduct from any Dividend or other distribution payable to any Member all
                                         sums of money (if any) then payable by him to the Company on account of calls or otherwise.

 

		39.4	The
                                         Directors may resolve that any Dividend or other distribution be paid wholly or partly
                                         by the distribution of specific assets and in particular (but without limitation) by

 

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the
distribution of shares, debentures, or securities of any other company or in any one or more of such ways and where any difficulty
arises in regard to such distribution, the Directors may settle the same as they think expedient and in particular may issue fractional
Shares and may fix the value for distribution of such specific assets or any part thereof and may determine that cash payments
shall be made to any Members upon the basis of the value so fixed in order to adjust the rights of all Members and may vest any
such specific assets in trustees in such manner as may seem expedient to the Directors.

 

		39.5	Except
                                         as otherwise provided by the rights attached to any Shares, Dividends and other distributions
                                         may be paid in any currency. The Directors may determine the basis of conversion for
                                         any currency conversions that may be required and how any costs involved are to be met.

 

		39.6	The
                                         Directors may, before resolving to pay any Dividend or other distribution, set aside
                                         such sums as they think proper as a reserve or reserves which shall, at the discretion
                                         of the Directors, be applicable for any purpose of the Company and pending such application
                                         may, at the discretion of the Directors, be employed in the business of the Company.

 

		39.7	Any
                                         Dividend, other distribution, interest or other monies payable in cash in respect of
                                         Shares may be paid by wire transfer to the holder or by cheque or warrant sent through
                                         the post directed to the registered address of the holder or, in the case of joint holders,
                                         to the registered address of the holder who is first named on the Register of Members
                                         or to such person and to such address as such holder or joint holders may in writing
                                         direct. Every such cheque or warrant shall be made payable to the order of the person
                                         to whom it is sent. Any one of two or more joint holders may give effectual receipts
                                         for any Dividends, other distributions, bonuses, or other monies payable in respect of
                                         the Share held by them as joint holders.

 

		39.8	No
                                         Dividend or other distribution shall bear interest against the Company.

 

		39.9	Any
                                         Dividend or other distribution which cannot be paid to a Member and/or which remains
                                         unclaimed after six months from the date on which such Dividend or other distribution
                                         becomes payable may, in the discretion of the Directors, be paid into a separate account
                                         in the Company's name, provided that the Company shall not be constituted as a trustee
                                         in respect of that account and the Dividend or other distribution shall remain as a debt
                                         due to the Member. Any Dividend or other distribution which remains unclaimed after a
                                         period of six years from the date on which such Dividend or other distribution becomes
                                         payable shall be forfeited and shall revert to the Company.

 

		40	Capitalisation

 

The
Directors may at any time capitalise any sum standing to the credit of any of the Company's reserve accounts or funds (including
the share premium account and capital redemption reserve fund) or any sum standing to the credit of the profit and loss account
or otherwise available for distribution; appropriate such sum to Members in the proportions in which such sum would have been
divisible amongst such Members had the same been a distribution of profits by way of Dividend or other distribution; and apply
such sum on their behalf in paying up in full unissued Shares for allotment and distribution credited as fully paid-up to and
amongst them in the proportion aforesaid. In such event the Directors shall do all acts and things required to give effect to
such capitalisation, with full power given to the Directors to

 

    D-27

    

    

 

make
such provisions as they think fit in the case of Shares becoming distributable in fractions (including provisions whereby the
benefit of fractional entitlements accrue to the Company rather than to the Members concerned). The Directors may authorise any
person to enter on behalf of all of the Members interested into an agreement with the Company providing for such capitalisation
and matters incidental or relating thereto and any agreement made under such authority shall be effective and binding on all such
Members and the Company.

 

		41	Books
                                         of Account

 

		41.1	The
                                         Directors shall cause proper books of account to be kept with respect to all sums of
                                         money received and expended by the Company and the matters in respect of which the receipt
                                         or expenditure takes place, all sales and purchases of goods by the Company and the assets
                                         and liabilities of the Company. Proper books of account shall not be deemed to be kept
                                         if there are not kept such books of account as are necessary to give a true and fair
                                         view of the state of the Company's affairs and to explain its transactions.

 

		41.2	The
                                         Directors shall determine whether and to what extent and at what times and places and
                                         under what conditions or regulations the accounts and books of the Company or any of
                                         them shall be open to the inspection of Members not being Directors and no Member (not
                                         being a Director) shall have any right of inspecting any account or book or document
                                         of the Company except as conferred by Statute or authorised by the Directors or by the
                                         Company in general meeting.

 

		41.3	The
                                         Directors may cause to be prepared and to be laid before the Company in general meeting
                                         profit and loss accounts, balance sheets, group accounts (if any) and such other reports
                                         and accounts as may be required by law.

 

		42	Audit

 

		42.1	The
                                         Directors may appoint an Auditor of the Company who shall hold office on such terms as
                                         the Directors determine.

 

		42.2	Without
                                         prejudice to the freedom of the Directors to establish any other committee, if the Shares
                                         (or depositary receipts therefor) are listed or quoted on the Designated Stock Exchange,
                                         and if required by the Designated Stock Exchange, the Directors shall establish and maintain
                                         an Audit Committee as a committee of the board of Directors and shall adopt a formal
                                         written Audit Committee charter and review and assess the adequacy of the formal written
                                         charter on an annual basis. The composition and responsibilities of the Audit Committee
                                         shall comply with the rules and regulations of the SEC and the Designated Stock Exchange.

 

		42.3	If
                                         the Shares (or depositary receipts therefor) are listed or quoted on the Designated Stock
                                         Exchange, the Company shall conduct an appropriate review of all related party transactions
                                         on an ongoing basis and shall utilise the Audit Committee, if one exists, and the Directors,
                                         if an Audit Committee does not exist, for the review and approval of potential conflicts
                                         of interest.

 

		42.4	The
                                         remuneration of the Auditor shall be fixed by the Audit Committee, if one exists, and
                                         by the Directors if an Audit Committee does not exist.

 

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		42.5	If
                                         the office of Auditor becomes vacant by resignation or death of the Auditor, or by his
                                         becoming incapable of acting by reason of illness or other disability at a time when
                                         his services are required, the Directors shall fill the vacancy and determine the remuneration
                                         of such Auditor.

 

		42.6	Every
                                         Auditor of the Company shall have a right of access at all times to the books and accounts
                                         and vouchers of the Company and shall be entitled to require from the Directors and officers
                                         of the Company such information and explanation as may be necessary for the performance
                                         of the duties of the Auditor.

 

		42.7	Auditors
                                         shall, if so required by the Directors, make a report on the accounts of the Company
                                         during their tenure of office at the next annual general meeting following their appointment
                                         in the case of a company which is registered with the Registrar of Companies as an ordinary
                                         company, and at the next extraordinary general meeting following their appointment in
                                         the case of a company which is registered with the Registrar of Companies as an exempted
                                         company, and at any other time during their term of office, upon request of the Directors
                                         or any general meeting of the Members.

 

		43	Notices

 

		43.1	Notices
                                         shall be in writing and may be given by the Company to any Member either personally or
                                         by sending it by courier, post, cable, telex, fax or e-mail to him or to his address
                                         as shown in the Register of Members (or where the notice is given by e-mail by sending
                                         it to the e-mail address provided by such Member). Notice may also be served in accordance
                                         with the requirements of the Designated Stock Exchange.

 

		43.2	Where
                                         a notice is sent by courier, service of the notice shall be deemed to be effected by
                                         delivery of the notice to a courier company, and shall be deemed to have been received
                                         on the third day (not including Saturdays or Sundays or public holidays) following the
                                         day on which the notice was delivered to the courier. Where a notice is sent by post,
                                         service of the notice shall be deemed to be effected by properly addressing, pre paying
                                         and posting a letter containing the notice, and shall be deemed to have been received
                                         on the fifth day (not including Saturdays or Sundays or public holidays in the Cayman
                                         Islands) following the day on which the notice was posted. Where a notice is sent by
                                         cable, telex or fax, service of the notice shall be deemed to be effected by properly
                                         addressing and sending such notice and shall be deemed to have been received on the same
                                         day that it was transmitted. Where a notice is given by e-mail service shall be deemed
                                         to be effected by transmitting the e-mail to the e-mail address provided by the intended
                                         recipient and shall be deemed to have been received on the same day that it was sent,
                                         and it shall not be necessary for the receipt of the e-mail to be acknowledged by the
                                         recipient.

 

		43.3	A
                                         notice may be given by the Company to the person or persons which the Company has been
                                         advised are entitled to a Share or Shares in consequence of the death or bankruptcy of
                                         a Member in the same manner as other notices which are required to be given under the
                                         Articles and shall be addressed to them by name, or by the title of representatives of
                                         the deceased, or trustee of the bankrupt, or by any like description at the address supplied
                                         for that purpose by the persons claiming to be so entitled, or at the option of the Company
                                         by giving the notice in any manner in which the same might have been given if the death
                                         or bankruptcy had not occurred.

 

		43.4	Notice
                                         of every general meeting shall be given in any manner authorised by the Articles to every
                                         holder of Shares carrying an entitlement to receive such notice on

 

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the
record date for such meeting except that in the case of joint holders the notice shall be sufficient if given to the joint holder
first named in the Register of Members and every person upon whom the ownership of a Share devolves by reason of his being a legal
personal representative or a trustee in bankruptcy of a Member where the Member but for his death or bankruptcy would be entitled
to receive notice of the meeting, and no other person shall be entitled to receive notices of general meetings.

 

		44	Winding
                                         Up

 

		44.1	If
                                         the Company shall be wound up the liquidator shall apply the assets of the Company in
                                         satisfaction of creditors' claims in such manner and order as such liquidator thinks
                                         fit. Subject to the rights attaching to any Shares, in a winding up:

 

		(a)	if
                                         the assets available for distribution amongst the Members shall be insufficient to repay
                                         the whole of the Company's issued share capital, such assets shall be distributed so
                                         that, as nearly as may be, the losses shall be borne by the Members in proportion to
                                         the par value of the Shares held by them; or

 

		(b)	if
                                         the assets available for distribution amongst the Members shall be more than sufficient
                                         to repay the whole of the Company's issued share capital at the commencement of the winding
                                         up, the surplus shall be distributed amongst the Members in proportion to the par value
                                         of the Shares held by them at the commencement of the winding up subject to a deduction
                                         from those Shares in respect of which there are monies due, of all monies payable to
                                         the Company for unpaid calls or otherwise.

 

		44.2	If
                                         the Company shall be wound up the liquidator may, subject to the rights attaching to
                                         any Shares and with the sanction of a Special Resolution of the Company and any other
                                         sanction required by the Statute, divide amongst the Members in kind the whole or any
                                         part of the assets of the Company (whether such assets shall consist of property of the
                                         same kind or not) and may for that purpose value any assets and determine how the division
                                         shall be carried out as between the Members or different classes of Members. The liquidator
                                         may, with the like sanction, vest the whole or any part of such assets in trustees upon
                                         such trusts for the benefit of the Members as the liquidator, with the like sanction,
                                         shall think fit, but so that no Member shall be compelled to accept any asset upon which
                                         there is a liability.

 

		45	Indemnity
                                         and Insurance

 

		45.1	Every
                                         Director and officer of the Company (which for the avoidance of doubt, shall not include
                                         auditors of the Company), together with every former Director and former officer of the
                                         Company (each an "Indemnified Person") shall be indemnified out of the
                                         assets of the Company against any liability, action, proceeding, claim, demand, costs,
                                         damages or expenses, including legal expenses, whatsoever which they or any of them may
                                         incur as a result of any act or failure to act in carrying out their functions other
                                         than such liability (if any) that they may incur by reason of their own actual fraud,
                                         wilful neglect or wilful default. No Indemnified Person shall be liable to the Company
                                         for any loss or damage incurred by the Company as a result (whether direct or indirect)
                                         of the carrying out of their functions unless that liability arises through the actual
                                         fraud, wilful neglect or wilful default of such Indemnified Person. No person shall be
                                         found to have committed actual fraud, wilful neglect or wilful

 

    D-30

    

    

 

default
under this Article unless or until a court of competent jurisdiction shall have made a finding to that effect.

 

		45.2	The
                                         Company shall advance to each Indemnified Person reasonable attorneys' fees and other
                                         costs and expenses incurred in connection with the defence of any action, suit, proceeding
                                         or investigation involving such Indemnified Person for which indemnity will or could
                                         be sought. In connection with any advance of any expenses hereunder, the Indemnified
                                         Person shall execute an undertaking to repay the advanced amount to the Company if it
                                         shall be determined by final judgment or other final adjudication that such Indemnified
                                         Person was not entitled to indemnification pursuant to this Article. If it shall be determined
                                         by a final judgment or other final adjudication that such Indemnified Person was not
                                         entitled to indemnification with respect to such judgment, costs or expenses, then such
                                         party shall not be indemnified with respect to such judgment, costs or expenses and any
                                         advancement shall be returned to the Company (without interest) by the Indemnified Person.

 

		45.3	The
                                         Directors, on behalf of the Company, may purchase and maintain insurance for the benefit
                                         of any Director or other officer of the Company against any liability which, by virtue
                                         of any rule of law, would otherwise attach to such person in respect of any negligence,
                                         default, breach of duty or breach of trust of which such person may be guilty in relation
                                         to the Company.

 

		46	Financial
                                         Year

 

Unless
the Directors otherwise prescribe, the financial year of the Company shall end on 31st December in each year and, following the
year of incorporation, shall begin on 1st January in each year.

 

		47	Transfer
                                         by Way of Continuation

 

If
the Company is exempted as defined in the Statute, it shall, subject to the provisions of the Statute and with the approval of
a Special Resolution, have the power to register by way of continuation as a body corporate under the laws of any jurisdiction
outside the Cayman Islands and to be deregistered in the Cayman Islands.

 

		48	Mergers
                                         and Consolidations

 

The
Company shall, with the approval of a Special Resolution, have the power to merge or consolidate with one or more constituent
companies (as defined in the Statute), upon such terms as the Directors may determine.

 

		49	Business
                                         Combination

 

		49.1	Notwithstanding
                                         any other provision of the Articles, this Article 49 shall apply during the period commencing
                                         upon the adoption of the Articles and terminating upon the first to occur of the consummation
                                         of any Business Combination and the complete liquidation of the Trust Fund pursuant to
                                         Article 49.4. In the event of a conflict between this Article 49 and any other Articles,
                                         the provisions of this Article 49 shall prevail.

 

		49.2	Prior
                                         to the consummation of any Business Combination, the Company shall either:

 

    D-31

    

    

 

		(a)	submit
                                         such Business Combination to its Members for approval (but only following the satisfaction
                                         of the Business Combination Condition, as defined in the Forward Purchase Agreements);
                                         or

 

		(b)	provide
                                         Members with the opportunity to have their Shares repurchased by means of a tender offer
                                         for a per-Share repurchase price payable in cash, equal to the aggregate amount then
                                         on deposit in the Trust Fund, calculated as of two business days prior to the consummation
                                         of the Business Combination, including interest earned on the Trust Fund (net of income
                                         taxes payable), divided by the number of then issued Public Shares, provided that the
                                         Company shall not repurchase Public Shares in an amount that would cause the Company's
                                         net tangible assets to be less than US$5,000,001.

 

If
the Company initiates any tender offer in accordance with Rule 13e-4 and Regulation 14E of the Exchange Act in connection with
a Business Combination, it shall file tender offer documents with the SEC prior to completing a Business Combination which contain
substantially the same financial and other information about such Business Combination and the redemption rights as is required
under Regulation 14A of the Exchange Act.

 

If,
alternatively, the Company holds a Member vote to approve a proposed Business Combination, the Company will conduct any redemptions
in conjunction with a proxy solicitation pursuant to Regulation 14A of the Exchange Act, and not pursuant to the tender offer
rules, and file proxy materials with the SEC.

 

At
a meeting called for the purposes of approving a Business Combination pursuant to this Article, in the event that a majority of
the Shares voted are voted for the approval of the Business Combination, the Company shall be authorised to consummate the Business
Combination.

 

		49.3	Any
                                         Member holding Public Shares who is not a Founder, officer or Director may, contemporaneously
                                         with any vote on a Business Combination, elect to have their Public Shares redeemed for
                                         cash (the "IPO Redemption"), provided that no such Member acting together
                                         with any affiliate of his or any other person with whom he is acting in concert or as
                                         a partnership, syndicate, or other group for the purposes of acquiring, holding, or disposing
                                         of Shares may exercise this redemption right with respect to more than 20% of the Public
                                         Shares with the Company’s prior consent. If so demanded, the Company shall pay
                                         any such redeeming Member, regardless of whether he is voting for or against such proposed
                                         Business Combination, a per-Share redemption price payable in cash, equal to the aggregate
                                         amount then on deposit in the Trust Fund calculated as of two business days prior to
                                         the consummation of the Business Combination, including interest earned on the Trust
                                         Fund not previously released to the Company (net of income taxes payable), divided by
                                         the number of then issued Public Shares (such redemption price being referred to herein
                                         as the "Redemption Price").

 

The
Redemption Price shall be paid promptly following the consummation of the relevant Business Combination. If the proposed Business
Combination is not approved or completed for any reason then such redemptions shall be cancelled and share certificates (if any)
returned to the relevant Members as appropriate.

 

		49.4	In
                                         the event that:

 

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		(a)	the
                                         Company does not consummate a Business Combination by twenty-four months (the “Business
                                         Combination Period”) after the closing of the IPO, or such later time as the
                                         Members of the Company may approve in accordance with the Articles, the Company shall:
                                         (i) cease all operations except for the purpose of winding up; (ii) as promptly as reasonably
                                         possible but not more than ten business days thereafter, redeem the Public Shares, at
                                         a per-Share price, payable in cash, equal to the aggregate amount then on deposit in
                                         the Trust Fund, including interest earned on the Trust Fund (less up to US$100,000 of
                                         interest to pay dissolution expenses and net of income taxes payable), divided by the
                                         number of then issued Public Shares, which redemption will completely extinguish public
                                         Members' rights as Members (including the right to receive further liquidation distributions,
                                         if any); and (iii) as promptly as reasonably possible following such redemption, subject
                                         to the approval of the Company's remaining Members and its board of Directors, dissolve
                                         and liquidate, subject in the case of clauses (ii) and (iii), to its obligations under
                                         Cayman Islands law to provide for claims of creditors and in all cases subject to the
                                         other requirements of applicable law; and

 

		(b)	any
                                         amendment is made to Article 49.4 that would affect the substance or timing of the Company's
                                         obligation to redeem 100% of the Public Shares if the Company has not consummated an
                                         initial Business Combination prior to the expiration of the Business Combination Period,
                                         each holder of Public Shares who is not a Founder, officer or Director shall be provided
                                         with the opportunity to redeem their Public Shares upon the approval of any such amendment
                                         at a per-Share price, payable in cash, equal to the aggregate amount then on deposit
                                         in the Trust Fund, including interest earned on the Trust Fund not previously released
                                         to the Company (net of income taxes payable), divided by the number of then issued Public
                                         Shares.

 

		49.5	Except
                                         for the withdrawal of interest to pay income taxes, if any, none of the funds held in
                                         the Trust Fund shall be released from the Trust Fund until the earlier of an IPO Redemption
                                         pursuant to Article 49.3, a repurchase of Shares by means of a tender offer pursuant
                                         to Article 49.2(b), a distribution of the Trust Fund pursuant to Article 49.4(a) or an
                                         amendment under Article 49.4(b). In no other circumstance shall a holder of Public Shares
                                         have any right or interest of any kind in the Trust Fund.

 

		49.6	After
                                         the issue of Public Shares, and prior to the consummation of a Business Combination,
                                         the Directors shall not issue additional Shares or any other securities that would entitle
                                         the holders thereof to: (a) receive funds from the Trust Fund; or (b) vote on any Business
                                         Combination.

 

		49.7	The
                                         Directors shall be divided into three classes: Class A, Class B and Class C. The number
                                         of Directors in each class shall be as nearly equal as possible. Upon the adoption of
                                         the Articles, the existing Directors shall by resolution classify themselves as Class
                                         A, Class B or Class C Directors. The Class A Directors shall stand elected for a term
                                         expiring at the Company's first annual general meeting, the Class B Directors shall stand
                                         elected for a term expiring at the Company's second annual general meeting and the Class
                                         C Directors shall stand elected for a term expiring at the Company's third annual general
                                         meeting. Commencing at the Company's first annual general meeting, and at each annual
                                         general meeting thereafter, Directors elected to succeed those Directors whose terms
                                         expire shall be elected for a term of office to expire at the third succeeding annual
                                         general meeting after their election. Except as the Statute or other applicable law may
                                         otherwise require, in the interim

 

    D-33

    

    

 

between
annual general meetings or extraordinary general meetings called for the election of Directors and/or the removal of one or more
Directors and the filling of any vacancy in that connection, additional Directors and any vacancies in the board of Directors,
including unfilled vacancies resulting from the removal of Directors for cause, may be filled by the vote of a majority of the
remaining Directors then in office, although less than a quorum (as defined in the Articles), or by the sole remaining Director.
All Directors shall hold office until the expiration of their respective terms of office and until their successors shall have
been elected and qualified. A Director elected to fill a vacancy resulting from the death, resignation or removal of a Director
shall serve for the remainder of the full term of the Director whose death, resignation or removal shall have created such vacancy
and until his successor shall have been elected and qualified. Holders of Class A Shares, Class B Shares and Preference Shares
may nominate persons for election as Director by sending a written notice addressed to the Company at One Madison Corporation,
3 East 28th Street, 8th Floor, New York, New York 10016, by prepaid postal delivery, such notice to arrive
at least twenty (20) business days before the date of a general meeting at which the election of Directors is to be considered.

 

		49.8	The
                                         Company may enter into a Business Combination with a target business that is affiliated
                                         with the Sponsor, the Directors or executive officers of the Company. In the event the
                                         Company seeks to complete an initial Business Combination with a target that is affiliated
                                         with the Sponsor, executive officers or Directors, the Company, or a committee of independent
                                         Directors, will obtain an opinion from an independent investment banking firm that is
                                         a member of the Financial Industry Regulatory Authority or an independent accounting
                                         firm that such an initial Business Combination is fair to the Company from a financial
                                         point of view.

 

    D-34

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