Document:

Exhibit
10.7

 

THIS
AMENDED AND RESTATED TRUST INDEMNIFICATION AGREEMENT (this “Agreement”), dated as of September 19, 2017,
is made and entered into by and among Committed Capital Acquisition Corporation II, a Delaware corporation (the “Company”)
and Michael Rapoport (a/k/a Michael Rapp) (“Rapp”).

 

RECITALS

 

WHEREAS,
the Company, which consummated its initial public offering on April 16, 2014 pursuant to a registration statement on Form S-1,
No. 333-192586 (the “Offering”), is a blank check company whose purpose is to acquire, through a merger,
capital stock exchange, asset acquisition, stock purchase, reorganization, exchangeable stock transaction or other similar business
transaction (a “Business Transaction”), one or more operating businesses or assets; and

 

WHEREAS,
the gross proceeds of the Offering were deposited in a trust account (the “Trust Account”) at J.P. Morgan
Chase Bank, N.A. and managed by Continental Stock Transfer & Trust Company, as trustee, as described in the Registration Statement
and the Prospectus; and

 

WHEREAS,
Broadband Capital Management LLC (“Broadband”) and Rapp previously entered into a Trust Indemnification
Agreement, dated April 11, 2014 (the “Former Trust Indemnification Agreement”) in order to facilitate
the Offering and the other transactions contemplated in the Registration Statement and the Prospectus, including any merger, capital
stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination by the Company with one
or more businesses (a “Business Transaction”); and

 

WHEREAS,
pursuant to the stock purchase agreement entered into by the Company, Rapp and Philip Wagenheim (the “Sellers”)
with CCAC II, LLC (the “Buyer”) on September 19, 2017 (the “Stock Purchase Agreements”),
it is contemplated that the Buyer will purchase from the Sellers certain of the Company’s founder shares (the “Purchase”);
and

 

WHEREAS,
pursuant to Section 7 of the Stock Purchase Agreement, the Board shall have modified the indemnification obligations of Rapp under
the Former Trust Indemnification Agreement so as to cover only any loss, liability, claim, damage, and expense that are based
upon or arise from any action, transaction, state of facts or circumstances that occurred prior to the approval of the amendment
to the Company’s Amended and Restated Certificate of Incorporation (the “Extension Amendment”);
and

 

WHEREAS,
the Company, Broadband and Rapp all now desire to amend and restate the Former Trust Indemnification Agreement in its entirety.

 

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

 

1.
          In the event of the liquidation of the Trust Account without the consummation
of an initial Business Transaction, each of Broadband and Rapp (the “Indemnitors”) agree to jointly
and severally indemnify and hold harmless the Company against any and all loss, liability, claim, damage and expense whatsoever
(including, but not limited to, any and all legal or other expenses reasonably incurred in investigating, preparing or defending
against any litigation, whether pending or threatened, or any claim whatsoever) to which the Company may become subject as a result
of any claim by (i) any third party for services rendered or products sold to the Company or (ii) a prospective target business
with which the Company has entered into an acquisition agreement (a “Target”); provided, however,
that such indemnification of the Company by the Indemnitors shall apply only to the extent necessary to ensure that such claims
by a third party for services rendered (other than the Company’s independent public accountants) or products sold to the
Company or a Target do not reduce the amount of funds in the Trust Account below $5.00 per share of the Common Stock sold in the
Offering, and, provided, further, that such indemnification of the Company by the Indemnitors shall apply only if
such third party or Target has not executed an agreement waiving claims against all rights to seek access to the Trust Account
whether or not such agreement is enforceable. In the event that any such executed waiver is deemed to be unenforceable against
such third party, the Indemnitors shall not be responsible for any liability as a result of any such third party claims. Notwithstanding
any of the foregoing, such indemnification of the Company by the Indemnitors shall not apply as to any claims under the Company’s
obligation to indemnify the underwriters of the Offering against certain liabilities, including liabilities under the Securities
Act. The Indemnitors shall have the right to defend against any such claim with counsel of its choice reasonably satisfactory
to the Company if, within 15 days following written receipt of notice of the claim to the undersigned, the undersigned notifies
the Company in writing that the Indemnitors shall undertake such defense.

 

    1

     

    

 

2.
          This Agreement constitutes the entire agreement and understanding
of the parties hereto in respect of the subject matter hereof 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. This Agreement may not be changed, amended, modified or waived (other than to correct a typographical error)
as to any particular provision, except by a written instrument executed by the parties hereto.

 

3.
          No party may assign either this Agreement or any of his, her or its
rights, interests, or obligations hereunder without the prior written consent of the other party. Any purported assignment in
violation of this paragraph shall be void and ineffectual and shall not operate to transfer or assign any interest or title to
the purported assignee. This Agreement shall be binding on the undersigned and each of his or its heirs, personal representatives,
successors and assigns.

 

4.
         This Agreement shall be governed by and construed and enforced in accordance
with the laws of the State of New York, without giving effect to conflicts of law principles that would result in the application
of the substantive laws of another jurisdiction. The parities hereto (i) agree that any action, proceeding, claim or dispute arising
out of, or relating in any way to, this Agreement shall be brought and enforced in the courts of New York, in the State of New
York, and irrevocably submits to such jurisdiction and venue, which jurisdiction and venue shall be exclusive and (ii) waives
any objection to such exclusive jurisdiction and venue or that such courts represent an inconvenient forum.

 

5.
         Any notice, statement or demand authorized by this Agreement shall be sufficiently
given (i) when so delivered if by hand or overnight delivery, (ii) the date and time shown on a telefacsimile transmission confirmation,
or (ii) if sent by certified mail or private courier service within five (5) days after deposit of such notice, postage prepaid.
Such notice, statement or demand shall be addressed as follows:

 

If
to the Company:

 

Committed
Capital Acquisition Corporation II 

c/o
Broadband Capital Management LLC

712 Fifth Avenue, 22nd Floor

New York, NY 10019 

Attn:
Michael Rapp 

Fax
No.: (212) 702-9830

 

If
to Broadband:

 

Broadband
Capital Management LLC 

712
Fifth Avenue, 22nd Floor 

New
York, NY 10019 

Attn:
Michael Rapp 

Fax
No.: (212) 702-9830

 

If
to Rapp:

 

Michael
Rapp 

c/o
Broadband Capital Management LLC 

712
Fifth Avenue, 22nd Floor 

New
York, NY 10019 

Fax
No.: (212) 702-9830

 

    2

     

    

 

with a copy
in each case (which shall not constitute notice) to:

 

Mintz,
Levin, Cohn, Ferris, Glovsky and Popeo, P.C. 

666
Third Avenue 

New
York, NY 10017 

Fax:
212-692-6732 

Attn:
Jeffrey P. Schultz, Esq.

 

6.
          This Agreement may be executed in any number of original or facsimile
counterparts and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts shall
together constitute but one and the same instrument.

 

7.
         This Agreement shall be deemed severable, and the invalidity or unenforceability
of any term or provision hereof shall not affect the validity or enforceability of this Agreement or of any other term or provision
hereof. Furthermore, in lieu of any such invalid or unenforceable term or provision, the parties hereto intend that there shall
be added as a part of this Agreement a provision as similar in terms to such invalid or unenforceable provision as may be possible
and be valid and enforceable.

 

8.
         This Agreement shall terminate on the earlier of (i) the expiration of the
Lock-Up Period (as defined in the Letter Agreement, dated even date herewith, between the Company and Rapp), or (ii) the liquidation
of the Trust Account; provided, however, that this Agreement shall earlier terminate in the event that the Offering
is not consummated and closed by June 30, 2014. The obligations of the Indemnitor in this Agreement shall be strictly limited
to any and all loss, liability, claim, damage and expense whatsoever including, but not limited to, any and all legal or other
expenses reasonably incurred in investigating, preparing or defending against any litigation, whether pending or threatened, or
any claim whatsoever) to which the Company may become subject during the period prior to the approval by the Company’s stockholders
of the Extension Amendment (the “Agreement Period”), but only to the extent such loss, liability, claim,
damage and expense are based upon or arise from any action, transaction state of facts or circumstances that occur during, but
only during, the Agreement Period.

 

[SIGNATURE
PAGES FOLLOW]

 

    3

     

    

 

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

 

	 	COMMITTED CAPITAL ACQUISITION CORPORATION
    II, a Delaware corporation
	 	 	 
	 	By:	/S/ MICHAEL
    RAPOPORT
	 	 	Name: Michael Rapoport
	 	 	Title: Chief Executive Officer and Chairman
	 	 	 
	 	 	/S/ MICHAEL
    RAPOPORT
	 	 	Michael Rapoport

  

[Signature
Page to Trust Indemnification Agreement]Exhibit 10.8

 

September
19, 2017

 

Committed
Capital Acquisition Corporation II

1745
Sidewinder Drive

Park
City, Utah 84060

 

Re:
Lateral Stock Purchase

 

Dear
Sir/Madam:

 

This
letter (“Letter Agreement”) is being delivered to you in connection with the purchase by the undersigned of shares
(the “Purchased Shares”) of common stock, $.00001 par value per share (the “Common Stock”) of Committed
Capital Acquisition Corporation II, a Delaware corporation (the “Company”), pursuant to that certain stock purchase
agreement of even date herewith (the “Purchase Agreement”), entered by and among the Company, the undersigned and
the selling stockholders signatory thereto. Certain capitalized terms used herein are defined in Section 6 hereof.

 

As
a material inducement to the Company to enter into the Purchase Agreement, and to consent to the transfer of the Purchased Shares,
and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned hereby
agrees with the Company as follows:

 

1.       The
undersigned agrees that if the Company seeks stockholder approval of a proposed Business Transaction, then in connection with
such proposed Business Transaction, he, she or it shall vote all its Purchased Shares and any shares acquired by him, her or it
subsequent to the date hereof in favor of such proposed Business Transaction.

 

2.       (a)
The undersigned hereby agrees that in the event that the Company fails to consummate a Business Transaction by April 10, 2019
(such date, the “Termination Date”), he, she or it shall take all reasonable steps to cause the Company to (i) cease
all operations except for the purpose of winding up, (ii) as promptly as reasonably practicable, but not more than fifteen business
days thereafter, redeem the Common Stock held by the Public Stockholders, at a per-share price, payable in cash, equal to the
aggregate amount including interest then on deposit in the Trust Account, but net of any taxes payable and net interest withdrawn
for working capital purposes, divided by the number of shares of Common Stock then outstanding, subject to applicable law, and
(iii) as promptly as reasonably practicable following such redemption, subject to the approval of the board of directors of the
Company, dissolve and liquidate the balance of the Company’s net assets to the holders of the Common Stock, subject in each
case to the Company’s obligations under Delaware law to provide for claims of creditors and other requirements of applicable
law.

 

    

     

    

 

(b)       Notwithstanding
the provisions of Section 2(a) above, in the event that the board of directors of the Company determines in good faith to extend
the Termination Date, then in connection with such proposed extension of the Termination Date, he, she or it shall vote all its
Purchased Shares and any shares acquired by him, her or it subsequent to the date hereof in favor of such extension of the Termination
Date.

 

(c)       The
undersigned acknowledges that the undersigned 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 Trust Account with respect to the Purchased
Shares. To the extent that redemption rights are granted to the holders of Common Stock, the undersigned hereby further waives,
with respect to any shares of the Common Stock held by him or it, any redemption rights he or it may have in connection with the
consummation of a Business Transaction, including, without limitation, any such rights available in the context of a stockholder
vote to approve such Business Transaction or in the context of a tender offer made by the Company to purchase shares of the Common
Stock (although the undersigned shall be entitled to redemption and liquidation rights with respect to any shares of the Common
Stock (other than the Purchased Shares) the undersigned holds if the Company fails to consummate a Business Transaction by the
Termination Date).

 

3.       (a)
The undersigned agrees that the Purchased Shares held by the undersigned are subject to forfeiture based on the decision of
the board of directors of the Company to cause the forfeiture and cancellation of such Purchased Shares at its sole discretion.
All forfeitures under this Section 3(a) may be for any reason or no reason and shall be at the sole discretion of the board of
directors of the Company. Such forfeitures shall be effective upon the resolution by the board of directors to cancel such Purchased
Shares held by the undersigned. If all of the Purchased Shares held by the undersigned are forfeited and cancelled, the Company
shall send a check to the undersigned for the original purchase amount per Purchased Share, provided that the Company has the
funds legally available therefor under Delaware law. In the event that fewer than all of such Purchased Shares are forfeited,
there will be no return of capital to the undersigned. The undersigned shall return to the Company for cancellation, at no cost,
the number of Purchased Shares determined by the board of directors of the Company to be forfeited by the undersigned pursuant
to this Section 3(a) in accordance with the determination of the board of directors of the Company. 

 

(b)       In
the event that the board of directors determines to invoke and apply the forfeiture provisions described in Section 3(a), any
such forfeited Purchased Shares will be forfeited by the undersigned on or prior to the date of the completion of the Business
Transaction.

 

4.
(a) Until the earlier of the date that is (i) ninety (90) days after the completion of the Business Transaction, and (ii) the
date on which the Company consummates a liquidation, merger, stock exchange or other similar transaction subsequent to the consummation
of the Business Combination that results in all of the Company’s stockholders having the right to exchange their shares
of Common Stock for cash, securities or other property (such period, the “Lock-Up Period”), the undersigned shall
not (x) sell, offer to sell, contract or agree to sell, hypothecate, pledge, grant any option to purchase or otherwise dispose
of or agree to dispose of, directly or indirectly, or establish or increase a put equivalent position or liquidate or decrease
a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules
and regulations of the Commission promulgated thereunder (the “Exchange Act”), with respect to the Purchased Shares,
(y) enter 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 Purchased Shares, whether any such transaction is to be settled by delivery of the Common Stock or
such other securities, in cash or otherwise, or (z) publicly announce any intention to effect any transaction specified in clause
(x) or (y).

 

    2

     

    

 

    (b)       Further,
the undersigned agrees that after the Lock-Up Period has elapsed, the Purchased Shares owned by the undersigned shall only be
transferable or saleable pursuant to a sale registered under the Securities Act or pursuant to an available exemption from registration
under the Securities Act.

 

   (c)       The
undersigned shall retain all of its rights as a stockholder during the Lock-Up Period including, without limitation, the right
to vote such shares.

 

    (d)       During
the Lock-Up Period, all dividends payable in cash with respect to the Purchased Shares shall be paid to the undersigned, but all
dividends in respect of the Purchased Shares payable in Common Stock or other non-cash property shall become subject to the Lock-Up
Period as described herein and shall be released from such lock-up only in accordance with the provisions of this Section 4.

 

5.         Neither
the undersigned nor any affiliate of the undersigned shall receive any finder’s fee, reimbursement, consulting fee, monies
in respect of any repayment of a loan or other compensation prior to, or in connection with any services rendered in order to
effectuate, the Company’s initial Business Transaction (regardless of the type of transaction that it is).

 

6.         The
undersigned has full right and power, without violating any agreement to which he, she or it is bound (including, without limitation,
any non-competition or non-solicitation agreement with any employer or former employer), to enter into this Letter Agreement.

 

7.         As
used in this Letter Agreement, (i) “Business Transaction” shall mean a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or similar business transaction, involving the Company and one or more businesses; (ii) “New
Stockholders” shall mean collectively the undersigned and the other purchaser parties to the Purchase Agreement; (iii) “Purchased
Shares” shall mean the shares of the Common Stock (as may be adjusted for stock splits, stock dividends, reverse stock splits,
contributions back to capital or otherwise) of the Company held by the New Stockholders which were purchased by the New Stockholders
on or about the date hereof; and (iv) “Trust Account” shall mean the trust account into which a portion of the net
proceeds of the Company’s April 2014 initial public offering were deposited.

 

8.         (a)       This Letter Agreement constitutes the entire agreement and understanding of the parties hereto in respect of the subject matter
hereof and supersede 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.

 

    (b)       The
undersigned acknowledges and agrees that the terms of Section 3 of this Letter Agreement may be amended unilaterally by the Company
as the terms of any proposed Business Transaction may require.

 

    3

     

    

 

    (c)       Subject
to subsection 9(b) above, this Letter Agreement may not be changed, amended, modified or waived (other than to correct a typographical
error or to cure any ambiguity, omission, mistake, defect or inconsistency) as to any particular provision, except by a written
instrument executed by the parties hereto.

 

9.         No
party may assign either this Letter Agreement or any of his, her or its rights, interests, or obligations hereunder without the
prior written consent of the other party. Any purported assignment in violation of this paragraph shall be void and ineffectual
and shall not operate to transfer or assign any interest or title to the purported assignee. This Letter Agreement shall be binding
on the undersigned and each of his or its heirs, personal representatives, successors and assigns.

 

10.       This
Letter Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Utah, without giving
effect to conflicts of law principles that would result in the application of the substantive laws of another jurisdiction. The
parties hereto (i) agree that any action, proceeding, claim or dispute arising out of, or relating in any way to, this Letter
Agreement shall be brought and enforced in the federal or state courts in the State of Utah, and irrevocably submits to such jurisdiction
and venue, which jurisdiction and venue shall be exclusive and (ii) waives any objection to such exclusive jurisdiction and venue
or that such courts represent an inconvenient forum.

 

11.       Any
notice, consent or request to be given in connection with any of the terms or provisions of this Letter Agreement shall be in
writing and shall be sent by express mail or similar private courier service, by certified mail (return receipt requested), by
hand delivery, electronic or facsimile transmission.

 

12.       This
Letter Agreement shall terminate on the earlier of (i) the expiration of the Lock-Up Period, or (ii) the liquidation of the Trust
Account.

 

[Signature
page to follow]

 

    4

     

    

 

	 	Sincerely,	 
	 	 	 
	 	 	 	 
	 	By:	 	 
	 	 	Name:	 
	 	 	Title:	 

 

Acknowledged
and Agreed:

 

COMMITTED
CAPITAL ACQUISITION CORPORATION II

 

	By:	 	 
	 	Name: Ken Abdalla	 
	 	Title: Chief Executive Officer	 

 

    5

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