Document:

EX-10.24

 Exhibit 10.24 

 
 

 
 3501 W. Warren Ave, Fremont CA 94538
Ph:510-687-2350 
 May
27th, 2021 
 Edward Hejlek 
  

	Re:	 Amended and Restated Employment Agreement 

Dear Ed: 
 You are currently employed by ENOVIX
CORPORATION (the “Company”) under the terms of an offer letter between you and the Company dated December 30, 2020 (the “Offer Letter”). The Company is amending and restating
the terms of the Offer Letter to reflect your new employment terms as set forth in this employment agreement (the “Agreement”). 

The effective date (“Effective Date”) of this Agreement shall be contingent upon and concurrent with the Closing Date as defined in
that certain Agreement and Plan of Merger, dated February 22, 2021, by and among [Rodgers Silicon Valley Acquisition Corp., RSVAC Merger Sub, Inc. and Enovix Corporation] (the “Transaction”) and, contingent on occurrence
of the Closing Date, the terms of this Agreement shall supersede and replace, as of the Effective Date, the prior Offer Letter in effect between you and the Company. If the Transaction does not close, this Agreement shall have no effect and shall
terminate as of the termination of the Transaction, neither you nor the Company shall have obligations hereunder, and your previous Offer Letter shall control. 

1. EMPLOYMENT BY THE COMPANY. 

(a) Position. You will serve as the Company’s Chief Legal Counsel. 

(b) Duties and Location. You will perform those duties and responsibilities as are customary for the position of Chief Legal Counsel and
as may be directed by Harrold Rust, to whom you will report. Your primary office location will be the Company’s offices in Fremont, California. Notwithstanding the foregoing, the Company reserves the right to reasonably require you to perform
your duties at places other than your primary office location from time to time, and to require reasonable business travel. Subject to the terms of this Agreement, the Company may modify your job title, duties, and reporting relationship as it deems
necessary and appropriate in light of the Company’s needs and interests from time to time. 
 (c) Outside Activities. Throughout
your employment with the Company, you may engage in civic and not-for-profit activities so long as such activities do not interfere with the performance of your duties
hereunder or present a conflict of interest with the Company. During your employment by the Company, except on behalf of the Company, you will not directly or indirectly serve as an officer, director, employee, partner, proprietor, investor, joint
venturer, associate, representative or consultant of any other person, corporation, firm, partnership or other entity whatsoever known by you to compete with the Company (or is planning or preparing to compete with the Company), anywhere in the
world, in any line of business engaged in (or planned to be engaged in) by the Company; provided, however, that you may purchase or otherwise acquire up to (but not more than) two percent (2%) of any class of securities of any enterprise (but
without participating in the activities of such enterprise) if such securities are listed on any national or regional securities exchange. 
  

  
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 2. COMPENSATION AND BENEFITS. 

(a) Base Salary. You will be paid a base salary at the rate of $274,999.92 per year, less applicable payroll deductions and
withholdings. Your base salary will be paid on the Company’s ordinary payroll cycle. As an exempt salaried employee, you will be required to work the Company’s normal business hours, and such additional time as appropriate for your work
assignments and position, and you will not be entitled to overtime compensation. 
 (b) Employee Benefits. As a regular full-time
employee, you will remain eligible to participate in the Company’s standard employee benefits offered to executive level employees, as in effect from time to time and subject to the terms and conditions of the benefit plans and applicable
Company policies. A full description of these benefits is available upon request. Subject to the terms of this Agreement, the Company may change your compensation and benefits from time to time in its discretion, and you acknowledge that nothing
herein shall be construed to limit the Company’s ability to amend, suspend, or terminate any benefit plan or policy at any time without providing you notice, and the right to do so is expressly reserved. 

(c) Annual Discretionary Bonus. You will also be eligible to earn an annual discretionary bonus. The amount of this bonus will be
determined in the sole discretion of the Company and based, in part, on your performance and the performance of the Company during the calendar year, as well as any other criteria the Company deems relevant. The Company will pay you this bonus, if
any, no later than March 15th of the following calendar year. The bonus is not earned until paid and no pro-rated amount will be paid if your employment terminates for any reason prior to the payment date.

 (d) Equity Compensation. You were previously granted various equity interests in the Company and nothing in this Agreement shall
change the nature of those interests. You may be considered for additional equity awards under the Company’s 2021 Equity Incentive Plan (the “Plan”), as determined within the discretion of the Company’s Board of
Directors. Any and all Equity Awards previously granted to you will continue to be governed by the terms of the Enovix Corporation 2016 Equity Incentive Plan (the “Plan”) , and any applicable agreements and grant notices. For
purposes of this Agreement, “Equity Awards” shall mean all stock options, restricted stock and restricted stock units, and such other equity awards granted pursuant to the Plan, and any applicable agreements and grant notices. 

(e) Expenses. The Company will reimburse you for reasonable travel, entertainment or other expenses incurred by you in furtherance of or
in connection with the performance of your duties hereunder, in accordance with the Company’s expense reimbursement policies and practices as in effect from time to time. 

3. CONFIDENTIAL INFORMATION. 

(a) Confidentiality Agreement. As a Company employee, you will be expected to continue to abide by Company rules and policies including
those rules and policies regarding the protection of the Company’s confidential information. You will remain subject to the terms of the Employee Confidential Information and Inventions Assignment Agreement that you signed when you joined the
Company, which prohibits unauthorized use or disclosure of the Company’s proprietary information, among other obligations (the “Confidentiality Agreement”), and which is incorporated herein by reference. 

(b) Noncompetition Agreement. In connection with the Transaction, this Agreement is also contingent on you
executing and comply with a Non-Competition and Non-Solicitation Agreement with the Company. 

  
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 (c) Conflicting Obligations. By signing this Agreement, you are representing that you
have full authority to accept this position and perform the duties of the position without conflict with any other obligations and that you are not involved in any situation that might create, or appear to create, a conflict of interest with respect
to your loyalty or duties to the Company. You specifically warrant that you are not subject to an employment agreement or restrictive covenant preventing full performance of your duties to the Company. You agree not to bring to the Company or use in
the performance of your responsibilities at the Company any information, materials or documents of a former employer that are not generally available to the public, unless you have obtained express written authorization from the former employer for
their possession and use. You also agree to honor all obligations to former employers during your employment with the Company. 
 4.
AT-WILL EMPLOYMENT RELATIONSHIP. Your employment relationship with the Company is at will. Accordingly, you may terminate
your employment with the Company at any time and for any reason whatsoever simply by notifying the Company; and the Company may terminate your employment at any time, with or without Cause or advance notice. 

5. SEVERANCE. 

(a) Resignation Without Good Reason; Termination for Cause; Death or Disability. If, at any time, you resign your employment without
Good Reason (as defined herein), or the Company terminates your employment for Cause (as defined herein), or if either party terminates your employment as a result of your death or disability, you will receive your base salary accrued through your
last day of employment, as well as any unused vacation (if applicable) accrued through your last day of employment. Under these circumstances, you will not be entitled to any other form of compensation from the Company, including any severance
benefits as set forth herein, other than your rights to the vested portion of your equity interests and any other rights to which you are entitled under the Company’s benefit programs. 

(b) Qualifying Termination Outside of a Change of Control. If, at any time other than during the three months preceding or the twelve
month period following the closing of a Change of Control (as defined herein), the Company terminates your employment without Cause (as defined herein), other than as a result of your death or disability, or you resign for Good Reason (as defined
herein) (either such termination referred to as a “Qualifying Termination”), provided such termination or resignation constitutes a Separation from Service (as defined under Treasury Regulation
Section 1.409A-1(h), without regard to any alternative definition thereunder, a “Separation from Service”), then subject to your satisfaction of the Severance Preconditions (as defined below),
the Company will provide you with the following severance benefits (the “Severance Benefits”) based upon your title immediately prior to the time of the Qualifying Termination: 

(i) Cash Severance. The Company will pay you, as cash severance, an amount equal to the number of months set forth on Appendix A
(the “Severance Multiplier”) of your base salary in effect as of your Separation from Service date, less standard payroll deductions and tax withholdings (the “Cash Severance”). The Cash Severance will be
paid in installments in the form of continuation of your base salary payments, paid on the Company’s ordinary payroll dates, commencing on the Company’s first regular payroll date that is more than 60 days following your Separation from
Service date, and shall be for any accrued base salary for the 60-day period plus the period from the 60th day until the regular payroll date, if
applicable, and all salary continuation payments thereafter, if any, shall be made on the Company’s regular payroll dates. 
 (ii)
COBRA Severance. As an additional Severance Benefit, the Company will continue to pay the cost of your health care coverage in effect at the time of your Separation from Service for a maximum number of months as set forth on Appendix A
(the “COBRA Months”) either under the Company’s regular health plan (if permitted), or by paying your COBRA premiums (the “COBRA Severance”). The Company’s obligation to pay the COBRA Severance on
your behalf will cease if you obtain health care coverage from another source (e.g., a new employer or spouse’s benefit plan), unless otherwise prohibited by applicable law. You must notify the Company within two weeks if you obtain coverage
from a new source. This payment of COBRA Severance by the Company would not expand or extend the maximum period of COBRA coverage to which you would otherwise be entitled under applicable law. Notwithstanding the above, if the Company determines in
its sole discretion that it cannot provide the foregoing COBRA Severance without potentially violating applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to
you a taxable monthly payment in an amount equal to the monthly COBRA premium that you would be required to pay to continue your group health coverage in effect on the date of your termination (which amount shall be based on the premium for the
first month of COBRA coverage), which payments shall be made on the last day of each month regardless of whether you elect COBRA continuation coverage and shall end on the earlier of (i) the date upon which you obtain other coverage or
(ii) the last day of the month that is the last full month of the number of COBRA Months following your Separation from Service date. 

  
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 (iii) Pro Rata Bonus. The Company will also pay you a prorated amount of your annual
target bonus based upon your dates of employment during the calendar year in which your Separation of Service occurs, less standard payroll deductions and tax withholdings. This additional cash severance amount will be paid in a lump sum at the same
time annual bonuses are paid to employees pursuant to Section 2(c). 
 (iv) Accelerated Vesting. The Company shall accelerate
vesting of the number of then-unvested shares subject to the Equity Awards that would have vested had your employment continued for an additional number of months as set forth on Appendix A (the “Vesting Months”) after the
Separation from Service date, such that those number of shares shall be deemed immediately vested and exercisable as of your Separation from Service date. 

(c) Qualifying Termination In Connection with A Change of Control. In the event of a Qualifying Termination that occurs within the 3
months preceding or the 12 months following the closing of a Change of Control (as defined herein), provided such Qualifying Termination constitutes a Separation from Service, then subject to your satisfaction of the Severance Preconditions (as
defined below), and based upon your title immediately prior to the time of the Qualifying Termination, you shall be entitled to a Cash Severance as set forth in section 5(b)(i), a COBRA Severance as set forth in Section 5(b)(ii), a prorated
amount of your annual target bonus as set forth in Section 5(b)(iii), accelerated vesting as provided in section 5(b)(iv) and, in addition, the Company shall accelerate the vesting of any remaining then-unvested shares subject to your Equity
Awards (i.e., any shares that remain unvested after taking into account the accelerated vesting as provided in section 5(b)(iv) such that the percentage of the remaining then-unvested shares as set forth on Exhibit A (the “Double Trigger
Percentage”) shall be deemed immediately vested and exercisable as of your Separation from Service date (“Double Trigger Acceleration”). 

(d) Severance Preconditions. Prior to and as a condition to your receipt of the Severance Benefits or Double Trigger Acceleration set
forth in Sections 5(b) and 5(c) herein, you shall: (a) execute and deliver to the Company an effective release of claims in favor of and in a form acceptable to the Company (the “Release”) within the timeframe set forth
therein, but not later than 60 days following your Separation from Service date, and allow the Release to become effective according to its terms (by not invoking any legal right to revoke it) within any applicable time period set forth therein
(such latest permitted effective date, the “Release Deadline”); (b) continue to comply with the terms of this Agreement, the Confidentiality Agreement, the Noncompetition and Nonsolicitation Agreement; and (c) return to
the Company all Company documents (and all copies thereof) and other Company property in your possession, custody or control, (collectively, the “Severance Preconditions”). 

(e) Definitions. For purposes of this Agreement, the following terms shall have the following meanings: 

(i) Cause. For purposes of this Agreement, “Cause” for termination will mean your: (i) commission or conviction
(including a guilty plea or plea of nolo contendere) of any felony or any other crime involving fraud, dishonesty or moral turpitude; (ii) your commission or attempted commission of or participation in a fraud or act of dishonesty or
misrepresentation against the Company; (iii) material breach of your duties to the Company; (iv) intentional damage to any property of the Company; (v) misconduct, or other violation of Company policy that causes harm to the Company;
(vi) your material violation of any written and fully executed contract or agreement between you and the Company, including without limitation, material breach of your Confidentiality Agreement, or of any Company policy, or of any statutory
duty you owe to the Company; or (vii) conduct by you which in the good faith and reasonable determination of the Company demonstrates gross unfitness to serve. The determination that a termination is for Cause shall be made by the Company in
its sole discretion. 

  
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 (ii) Good Reason. For purposes of this Agreement, you shall have “Good
Reason” for resigning from employment with the Company if any of the following actions are taken by the Company without your prior written consent: (i) a material reduction in your base salary, which the parties agree is a reduction
of at least 10% of your base salary (unless pursuant to a salary reduction program applicable generally to the Company’s similarly situated employees); (ii) a material reduction in your duties (including responsibilities and/or authorities),
provided, however, that a change in job position (including a change in title) shall not be deemed a “material reduction” in and of itself unless your new duties are materially reduced from the prior duties; or (iii) relocation of
your principal place of employment to a place that increases your one-way commute by more than 50 miles as compared to your then-current principal place of employment immediately prior to such relocation. In
order to resign for Good Reason, you must provide written notice to the Company’s Senior Vice President of Human Resources within 30 days after the first occurrence of the event giving rise to Good Reason setting forth the basis for your
resignation, allow the Company at least 30 days from receipt of such written notice to cure such event, and if such event is not reasonably cured within such period, you must resign from all positions you then hold with the Company not later than 30
days after the expiration of the cure period. 
 (iii) Change of Control. For purposes of this Agreement, “Change of
Control” shall mean: (i) any consolidation or merger of the Company with or into any other corporation or other entity or person, or any other corporate reorganization, other than any such consolidation, merger or reorganization in which
the stockholders of the Company immediately prior to such consolidation, merger or reorganization, continue to hold a majority of the voting power of the surviving entity (or, if the surviving entity is a wholly owned subsidiary, its parent)
immediately after such consolidation, merger or reorganization; (ii) any transaction or series of related transactions to which the Company is a party in which in excess of 50% of the Company’s voting power is transferred; provided that
the foregoing shall not include any transaction or series of transactions principally for bona fide equity financing purposes in which cash is received by the Company or indebtedness of the Company is cancelled or converted or a combination thereof;
or (iii) a sale, lease, exclusive license or other disposition of all or substantially all of the assets of the Company. 
 6.
COMPLIANCE WITH SECTION 409A. It is intended that the Severance and Accelerated Vesting set forth in this Agreement satisfy, to the greatest extent
possible, the exemptions from the application of Section 409A of the Internal Revenue Code of 1986, as amended, (the “Code”) (Section 409A, together with any state law of similar effect,
“Section 409A”) provided under Treasury Regulations 1.409A-1(b)(4), 1.409A-1(b)(5) and 1.409A-1(b)(9). For purposes of Section 409A (including, without limitation, for purposes of Treasury Regulations 1.409A-2(b)(2)(iii)), your right to receive any
installment payments under this Agreement (whether severance payments, reimbursements or otherwise) shall be treated as a right to receive a series of separate payments and, accordingly, each installment payment hereunder shall at all times be
considered a separate and distinct payment. Notwithstanding any provision to the contrary in this Agreement, if the Company (or, if applicable, the successor entity thereto) determines that the Severance or Accelerated Vesting constitute
“deferred compensation” under Section 409A and you are, on the date of your Separation from Service, a “specified employee” of the Company or any successor entity thereto, as such term is defined in
Section 409A(a)(2)(B)(i) of the Code (a “Specified Employee”), then, solely to the extent necessary to avoid the incurrence of adverse personal tax consequences under Section 409A, the timing of the Severance and
Accelerated Vesting shall be delayed until the earliest of: (i) the date that is six (6) months and one (1) day after your Separation from Service date, (ii) the date of your death, or (iii) such earlier date as permitted
under Section 409A without the imposition of adverse taxation. Upon the first business day following the expiration of such applicable Code Section 409A(a)(2)(B)(i) period, all payments or benefits deferred pursuant to this Section shall
be paid in a lump sum or provided in full by the Company (or the successor entity thereto, as applicable), and any remaining payments due shall be paid as otherwise provided herein. No interest shall be due on any amounts so deferred. If the
Severance and Accelerated Vesting benefits are not covered by one or more exemptions from the application of Section 409A and the Release could become effective in the calendar year following the calendar year in which you have a Separation
from Service, the Release will not be deemed effective any earlier than the Release Deadline. The Severance and Accelerated Vesting benefits are intended to qualify for an exemption from application of Section 409A or comply with its
requirements to the extent necessary to avoid adverse personal tax consequences under Section 409A, and any ambiguities herein shall be interpreted accordingly. Notwithstanding anything to the contrary herein, to the extent required to comply
with Section 409A, a termination of employment shall not be deemed to have occurred for purposes of any provision of this Agreement providing for the payment of amounts or benefits upon or following a termination of employment unless such
termination is also a “separation from service” within the meaning of Section 409A. With respect to reimbursements or in-kind benefits provided to you hereunder (or otherwise) that are not
exempt from Section 409A, the following rules shall apply: (i) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during any one of your taxable years shall not affect
the expenses eligible for reimbursement, or in-kind benefit to be provided in any other taxable year, (ii) in the case of any reimbursements of eligible expenses, reimbursement shall be made on or before
the last day of your taxable year following the taxable year in which the expense was incurred, (iii) the right to reimbursement or in-kind benefits shall not be subject to liquidation or exchange for
another benefit. 

  
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 7. SECTION 280G; PARACHUTE PAYMENTS.

 (a) Reduced Amount. If any payment or benefit you will or may receive from the Company or otherwise (a “280G
Payment”) would (i) constitute a “parachute payment” within the meaning of Section 280G of the Code, and (ii) but for this sentence, be subject to the excise tax imposed by Section 4999 of the Code (the
“Excise Tax”), then any such 280G Payment provided pursuant to this Agreement (a “Payment”) shall be equal to the Reduced Amount. The “Reduced Amount” shall be either
(x) the largest portion of the Payment that would result in no portion of the Payment (after reduction) being subject to the Excise Tax or (y) the largest portion, up to and including the total, of the Payment, whichever amount (i.e., the
amount determined by clause (x) or by clause (y)), after taking into account all applicable federal, state and local employment taxes, income taxes, and the Excise Tax (all computed at the highest applicable marginal rate), results in your
receipt, on an after-tax basis, of the greater economic benefit notwithstanding that all or some portion of the Payment may be subject to the Excise Tax. If a reduction in a Payment is required pursuant to the
preceding sentence and the Reduced Amount is determined pursuant to clause (x) of the preceding sentence, the reduction shall occur in the manner (the “Reduction Method”) that results in the greatest economic benefit for
you. If more than one method of reduction will result in the same economic benefit, the items so reduced will be reduced pro rata (the “Pro Rata Reduction Method”). 

(b) Section 409A. Notwithstanding any provision of subsection (a) above to the contrary, if the Reduction Method
or the Pro Rata Reduction Method would result in any portion of the Payment being subject to taxes pursuant to Section 409A that would not otherwise be subject to taxes pursuant to Section 409A, then the Reduction Method and/or the Pro
Rata Reduction Method, as the case may be, shall be modified so as to avoid the imposition of taxes pursuant to Section 409A as follows: (A) as a first priority, the modification shall preserve to the greatest extent possible, the greatest
economic benefit for you as determined on an after-tax basis; (B) as a second priority, Payments that are contingent on future events (e.g., being terminated without Cause), shall be reduced (or
eliminated) before Payments that are not contingent on future events; and (C) as a third priority, Payments that are “deferred compensation” within the meaning of Section 409A shall be reduced (or eliminated) before Payments that
are not deferred compensation within the meaning of Section 409A. 
 (c) Process. Unless you and the Company agree on an
alternative accounting firm or law firm, the accounting firm engaged by the Company for general tax compliance purposes as of the day prior to the effective date of the Change in Control transaction shall perform the foregoing calculations. If the
accounting firm so engaged by the Company is serving as accountant or auditor for the individual, entity or group effecting the Change in Control transaction, the Company shall appoint a nationally recognized accounting or law firm to make the
determinations required by this Section 7 (“Section 280G; Parachute Payments”). The Company shall bear all expenses with respect to the determinations by such accounting or law firm
required to be made hereunder. The Company shall use commercially reasonable efforts to cause the accounting or law firm engaged to make the determinations hereunder to provide its calculations, together with detailed supporting documentation, to
you and the Company within fifteen (15) calendar days after the date on which your right to a 280G Payment becomes reasonably likely to occur (if requested at that time by you or the Company) or such other time as requested by you or the
Company. 

  
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 (d) Payment Return. If you receive a Payment for which the Reduced Amount was
determined pursuant to clause (x) of Section 7(a) and the Internal Revenue Service determines thereafter that some portion of the Payment is subject to the Excise Tax, you agree to promptly return to the Company a sufficient amount of the
Payment (after reduction pursuant to clause (x) of Section 7(a)) so that no portion of the remaining Payment is subject to the Excise Tax. For the avoidance of doubt, if the Reduced Amount was determined pursuant to clause (y) of
Section 7(a), you shall have no obligation to return any portion of the Payment pursuant to the preceding sentence. 
 8.
DISPUTE RESOLUTION. 
 (a) Arbitration Agreement. To ensure the rapid and
economical resolution of disputes that may arise in connection with your employment with the Company, you and the Company agree that any and all disputes, claims, or causes of action, in law or equity, including but not limited to statutory claims,
arising from or relating to the enforcement, breach, performance, or interpretation of this Agreement, your employment with the Company, or the termination of your employment, shall be resolved pursuant to the Federal Arbitration Act, 9 U.S.C.
§ 1-16, to the fullest extent permitted by law, by final, binding and confidential arbitration conducted by JAMS, Inc. or its successor (“JAMS”), under JAMS’ then applicable
rules and procedures for employment disputes before a single arbitrator (available upon request and also currently available at http://www.jamsadr.com/rules-employment-arbitration/). You acknowledge that by agreeing to this arbitration
procedure, both you and the Company waive the right to resolve any such dispute through a trial by jury or judge or administrative proceeding. 

(b) Individual Claims. All claims, disputes, or causes of action under this section, whether by you or the Company, must be brought in
an individual capacity, and shall not be brought as a plaintiff (or claimant) or class member in any purported class or representative proceeding, nor joined or consolidated with the claims of any other person or entity. The arbitrator may not
consolidate the claims of more than one person or entity, and may not preside over any form of representative or class proceeding. To the extent that the preceding sentences regarding class claims or proceedings are found to violate applicable law
or are otherwise found unenforceable, any claim(s) alleged or brought on behalf of a class shall proceed in a court of law rather than by arbitration. This paragraph shall not apply to any action or claim that cannot be subject to mandatory
arbitration as a matter of law, including, without limitation, claims brought pursuant to the California Private Attorneys General Act of 2004, as amended, the California Fair Employment and Housing Act, as amended, and the California Labor Code, as
amended, to the extent such claims are not permitted by applicable law to be submitted to mandatory arbitration and such applicable law(s) are not preempted by the Federal Arbitration Act or otherwise invalid (collectively, the “Excluded
Claims”). In the event you intend to bring multiple claims, including one of the Excluded Claims listed above, the Excluded Claims may be publicly filed with a court, while any other claims will remain subject to mandatory arbitration.

 (c) Process. You will have the right to be represented by legal counsel at any arbitration proceeding. Questions of whether a claim
is subject to arbitration under this Agreement shall be decided by the arbitrator. Likewise, procedural questions which grow out of the dispute and bear on the final disposition are also matters for the arbitrator. The arbitrator shall:
(a) have the authority to compel adequate discovery for the resolution of the dispute and to award such relief as would otherwise be permitted by law; and (b) issue a written statement signed by the arbitrator regarding the disposition of
each claim and the relief, if any, awarded as to each claim, the reasons for the award, and the arbitrator’s essential findings and conclusions on which the award is based. The arbitrator shall be authorized to award all relief that you or the
Company would be entitled to seek in a court of law. The Company shall pay all JAMS arbitration fees in excess of the administrative fees that you would be required to pay if the dispute were decided in a court of law. 

  
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 (d) Injunctive Relief. Nothing in this Agreement is intended to prevent either you or
the Company from obtaining injunctive relief in court to prevent irreparable harm pending the conclusion of any such arbitration. Any awards or orders in such arbitrations may be entered and enforced as judgments in the federal and state courts of
any competent jurisdiction. 
 9. MISCELLANEOUS. This Agreement, together with your
Confidentiality Agreement and any documents referenced herein, forms the complete and exclusive statement of your employment agreement with the Company. It supersedes any other agreements (including but not limited to, the Offer Letter) or promises
made to you by anyone, whether oral or written. Changes in your employment terms, other than those changes expressly reserved to the Company’s or the Board’s discretion in this Agreement, require a written modification approved by the
Company and signed by a duly authorized officer of the Company (other than you). This Agreement will bind the heirs, personal representatives, successors and assigns of both you and the Company, and inure to the benefit of both you and the Company,
their heirs, successors and assigns. If any provision of this Agreement is determined to be invalid or unenforceable, in whole or in part, this determination shall not affect any other provision of this Agreement and the provision in question shall
be modified so as to be rendered enforceable in a manner consistent with the intent of the parties insofar as possible under applicable law. This Agreement shall be construed and enforced in accordance with the laws of the State of California
without regard to conflicts of law principles. Any ambiguity in this Agreement shall not be construed against either party as the drafter. Any waiver of a breach of this Agreement, or rights hereunder, shall be in writing and shall not be deemed to
be a waiver of any successive breach or rights hereunder. This Agreement may be delivered and executed via facsimile, electronic mail (including pdf or any electronic signature complying with the U.S. federal ESIGN Act of 2000, Uniform Electronic
Transactions Act or other applicable law) or other transmission method and shall be deemed to have been duly and validly delivered and executed and be valid and effective for all purposes. 

Please sign and date this Agreement and return them to me on or before June 4th, 2021 if
you wish to accept employment at the Company under the terms described above. I would be happy to discuss any questions that you may have about these terms. 

We are pleased to be making this offer and the Company looks forward to your favorable reply and to continuing a productive and enjoyable work relationship.

  

			
	Sincerely,	    	
		
	 /s/ Harrold Rust
	    	
	Harrold Rust, Chief Executive Officer	    	
		
	Reviewed, Understood, and Accepted:	    	
		
	 /s/ Edward Hejlek
	    	 June 11, 2021

	Edward Hejlek	    	Date

  
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 Appendix A 
  

																	
	Title	  	Severance
Multiplier
(Section
5(b)(i))	 	  	COBRA
Months (Section
5(b)(ii))	 	  	Vesting Months
(Section
5(b)(iv))	 	  	Double-
Trigger
Percentage
(Section 5(c))	 
	 Chief Executive Officer
	  	 	12	 	  	 	12	 	  	 	24	 	  	 	100	% 
	 Chief Commercial Officer,
Chief Financial Officer,
Chief Legal Officer, and
Chief
Technology Officer
	  	 	9	 	  	 	9	 	  	 	18	 	  	 	75	% 
	 Senior Vice President
	  	 	9	 	  	 	9	 	  	 	18	 	  	 	75	% 

  
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9 OF 9Exhibit 10.1

 

Final
Form

 

 

SNAP ONE HOLDINGS CORP.

 

STOCKHOLDERS AGREEMENT

 

Dated as of                , 2021

 

 

     

     

    

 

TABLE
OF CONTENTS

 

Page

 

Article I

 

DEFINITIONS

 

	Section 1.1.	 	Definitions	1
	Section 1.2.	 	Definitions Cross References	6
	Section 1.3.	 	General Interpretive Principles	7

 

Article II

 

REPRESENTATIONS
AND WARRANTIES

 

	Section 2.1.	 	Representations and Warranties of the Parties	7

 

Article III

 

GOVERNANCE

 

	Section 3.1.	 	Board of Directors	8
	Section 3.2.	 	Sharing of Information	9

 

Article IV

 

TRANSFER
RESTRICTIONS

 

	Section 4.1.	 	General Restrictions on Transfers	10
	Section 4.2.	 	Permitted Transfers	11
	Section 4.3.	 	Transfer Restriction Period	11

 

Article V

 

REGISTRATION
RIGHTS

 

	Section 5.1.	 	Certain Definitions	12
	Section 5.2.	 	Shelf Registration	13
	Section 5.3.	 	Demand Registration	18
	Section 5.4.	 	Piggyback Registration	19
	Section 5.5.	 	Expenses of Registration	21
	Section 5.6.	 	Obligations of the Company	21
	Section 5.7.	 	Indemnification	23
	Section 5.8.	 	Information by Holder	25
	Section 5.9.	 	Transfer of Registration Rights	25
	Section 5.10.	 	Delay of Registration	25
	Section 5.11.	 	Limitations on Subsequent Registration Rights	25
	Section 5.12.	 	Rule 144 Reporting	25
	Section 5.13.	 	“Market Stand Off” Agreement	26
	Section 5.14.	 	Termination of Registration Rights	26
	Section 5.15.	 	Other Obligations	26

 

     ii

     

    

 

Article VI

 

ADDITIONAL
AGREEMENTS OF THE PARTIES

 

	Section 6.1.	 	Further Assurances	27
	Section 6.2.	 	Other Businesses; Waiver of Certain Duties	27
	Section 6.3.	 	Legends on Securities	28
	Section 6.4.	 	Reimbursement	28

 

Article VII

 

ADDITIONAL
PARTIES

 

	Section 7.1.	 	Additional Parties	29

 

Article VIII

 

INDEMNIFICATION

 

	Section 8.1.	 	Indemnification	29
	Section 8.2.	 	Insurance	31

 

Article IX

 

MISCELLANEOUS

 

	Section 9.1.	 	Entire Agreement; Third Party Beneficiaries	31
	Section 9.2.	 	Specific Performance	31
	Section 9.3.	 	Governing Law	32
	Section 9.4.	 	Submission to Jurisdiction	32
	Section 9.5.	 	Obligations	32
	Section 9.6.	 	Consents, Approvals and Actions	32
	Section 9.7.	 	Amendments	33
	Section 9.8.	 	Assignment of Rights by the H&F Stockholders	34
	Section 9.9.	 	Subsequent Acquisition of Securities	34
	Section 9.10.	 	Binding Effect	34
	Section 9.11.	 	Termination; Effect of Termination	34
	Section 9.12.	 	Notices	34
	Section 9.13.	 	Severability	35
	Section 9.14.	 	Aggregation of Securities	35
	Section 9.15.	 	No Third Party Liabilities	35
	Section 9.16.	 	Independent Nature of Stockholders’ Obligations and Rights	36
	Section 9.17.	 	Effectiveness	36
	Section 9.18.	 	Counterparts; Electronic Delivery	36
	Section 9.19.	 	Logo	37
	Section 9.20.	 	Waiver of Jury Trial	37
	Section 9.21.	 	Reinstatement of Terms of Unitholders Agreement	37

 

     iii

     

    

 

EXHIBITS

 

	Exhibit A	 	Joinder Agreement
	Exhibit B	 	Consent of Spouse
	Exhibit C	 	Specified Stockholders
	Exhibit D	 	Specified Management Stockholders

 

     iv

     

    

 

SNAP ONE HOLDINGS CORP.

 

STOCKHOLDERS AGREEMENT

 

This STOCKHOLDERS AGREEMENT (as amended, restated,
supplemented or otherwise modified from time to time in accordance with its terms, this “Agreement”) is dated as of
                , 2021, and is entered into by and among:

 

(i)            the
Company (as defined below);

 

(ii)           (a) Hellman &
Friedman Capital Partners VIII, L.P., a Cayman Islands exempted limited partnership (“HFCP VIII”), (b) Hellman &
Friedman Capital Partners VIII (Parallel), L.P., a Cayman Islands exempted limited partnership (“VIII Parallel”), (c) HFCP
VIII (Parallel-A), L.P., a Delaware limited partnership (“Parallel-A”), (d) Hellman & Friedman Executives
VIII, L.P., a Cayman Islands exempted limited partnership (“Executives VIII”), (e) H&F Associates VIII, L.P.,
a Cayman Islands exempted limited partnership (“Associates VIII”) and (f) H&F Copper Holdings VIII, L.P.,
a Delaware limited Partnership (“Copper VIII” and together with HFCP VIII, VIII Parallel, Parallel-A, Executives VIII
and Associates VIII, the “Initial H&F Stockholders”);

 

(iii)          the
Employee Stockholders (as defined below) that have executed and delivered a signature page to this Agreement or a Joinder Agreement
(as defined below); and

 

(iv)          any
other Person (as defined below) who becomes a party hereto pursuant to Article VII.

 

WHEREAS, in accordance with the terms of the Unitholders
Agreement (as defined below) and the Partnership Agreement (as defined below), shares of Common Stock (as defined below) will be distributed
to the holders of outstanding interests in the Partnership (as defined below) and the Partnership will subsequently be dissolved;

 

WHEREAS, the Company intends to consummate an Initial
Public Offering (as defined below) of shares of Common Stock and enter into the Underwriting Agreement (as defined below) in connection
therewith; and

 

WHEREAS, in connection with such events, the parties
hereto desire to provide for certain governance rights and other matters upon the effectiveness of this Agreement.

 

NOW, THEREFORE, in consideration of the mutual covenants
and agreements contained herein, the parties hereto mutually agree as follows:

 

Article I

 

DEFINITIONS

 

Section 1.1.         Definitions.
As used in this Agreement, the following terms shall have the meanings set forth below:

 

“Adverse Disclosure” means public
disclosure of material non-public information which, in the Board’s good faith judgment, after consultation with outside counsel
to the Company, (i) would be required to be made in any report or Registration Statement filed with the SEC by the Company so that
such report or Registration Statement would not be materially misleading; (ii) would not be required to be made at such time but
for the filing, effectiveness or continued use of such report or Registration Statement; and (iii) the Company has a bona fide
business purpose for not disclosing publicly.

 

    1 

     

    

 

“Affiliate” means, with respect
to any Person, any other Person that controls, is controlled by, or is under common control with such Person. The term “control,”
as used in this definition, means the power to direct or cause the direction of the management and policies of such Person, directly or
indirectly, whether through the ownership of voting securities, by contract or otherwise. “Controlled” and “controlling”
have meanings correlative to the foregoing. Notwithstanding the foregoing, (i) the Company, its Subsidiaries and its other controlled
Affiliates shall not be considered Affiliates of any Stockholder or any of such Stockholder’s Affiliates (other than the Company,
its Subsidiaries and its other controlled Affiliates) (and vice versa), and (ii) none of the H&F Stockholders shall be considered
Affiliates of any portfolio company in which the H&F Stockholders or any of their investment fund Affiliates have made a debt or equity
investment (and vice versa).

 

“Applicable Employee” means (i) with
respect to any Employee Stockholder that is a Service Provider, such Service Provider and (ii) with respect to any Employee Stockholder
that is not a Service Provider, the Service Provider with respect to whom such Employee Stockholder is (or is permitted to be) a Permitted
Assignee.

 

“Beneficial ownership” and “beneficially
own” and similar terms have the meaning set forth in Rule 13d-3 under the Exchange Act; provided, however,
that (i) no Stockholder shall be deemed to beneficially own any Securities held by any other Stockholder solely by virtue of the
provisions of this Agreement (other than this definition) and (ii) with respect to any Securities held by a Stockholder that are
exercisable for, convertible into or exchangeable for Shares upon delivery of consideration to the Company or any of its Subsidiaries,
such Shares shall not be deemed to be beneficially owned by such Stockholder unless, until and to the extent such Securities have been
exercised, converted or exchanged and such consideration has been delivered by such Stockholder to the Company or such Subsidiary.

 

“Board” means the Board of Directors
of the Company.

 

“Business Day” means any day,
other than a Saturday, Sunday or one on which banks are authorized by law to be closed in New York City, New York.

 

“Common Stock” means the Company’s
common stock, par value $0.01 per share.

 

“Company” means Snap One Holdings
Corp., a Delaware corporation (including any successors or assigns thereof).

 

“Consent of Spouse” means a consent
of spouse substantially in the form of Exhibit B attached hereto or otherwise acceptable to the Company or the Board.

 

“Controlled Entity” means any
other corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise controlled
by the Company.

 

“Covered Person” means (i) each
Director, officer or liquidating trustee, in each case in his, her or its capacity as such, (ii) any Person of which a Director is
an officer, director, shareholder, partner, member, employee, representative or agent, or (iii) any Affiliate, officer, director,
manager, trustee, shareholder, partner, member, beneficiary, representative or agent of any of the foregoing, whether or not such Person
continues to have the applicable status referred to in such clauses.

 

    2 

     

    

 

“Director” means an individual
elected or appointed to, or otherwise serves on, the Board.

 

“Employee Stockholder” means (i) each
Stockholder that is a Service Provider for so long as he or she holds Securities, (ii) any other individual who (a) holds Securities,
(b) has become a party to this Agreement pursuant to Article IX and (c) is a Service Provider at the time he or
she becomes a party to this Agreement and (iii) any Permitted Assignee of any of the Stockholders identified in the immediately foregoing
clauses (i) and (ii) that beneficially owns and holds of record, Securities.

 

“Employee Stockholders Approval”
means the affirmative approval or consent of the Employee Stockholders holding a majority of the outstanding Shares held by all Employee
Stockholders.

 

“Exchange Act” means the Securities
Exchange Act of 1934, as amended from time to time, and the rules and regulations promulgated pursuant thereto.

 

“FINRA” means the Financial Industry
Regulatory Authority.

 

“H&F Stockholders” means the
Initial H&F Stockholders that hold Securities and any of their Affiliates or successors that hold Securities and have become parties
to this Agreement pursuant to Article IX.

 

“Initial Public Offering” means
the consummation of the initial underwritten public offering of Shares (or any other Securities) that is registered under the Securities
Act.

 

“Joinder Agreement” means a joinder
substantially in the form of Exhibit A attached hereto or otherwise acceptable to the Company, the Board and the H&F Stockholders.

 

“Necessary Action” means, with
respect to a specified result, all actions (to the extent such actions are permitted by applicable law) necessary to cause such specified
result, including (i) voting or providing a written consent or proxy with respect to a Stockholder’s Shares (or any other voting
Securities, if any) whether at any annual or special meeting, by written consent or otherwise, (ii) causing the adoption of stockholders’
resolutions and amendments to the certificate of incorporation, bylaws or equivalent governing document, (iii) causing members of
the Board (to the extent such members were nominated or designated by the Person obligated to undertake the Necessary Action, and subject
to any fiduciary duties that such members may have as directors) to act in a certain manner or causing them to be removed in the event
they do not act in such a manner, (iv) executing agreements and instruments necessary to achieve such specified result and (v) making,
or causing to be made, with governmental, administrative or regulatory authorities, all filings, registrations or similar actions that
are required to achieve such specified result.

 

“Non-H&F Stockholders” means
each of the Stockholders other than the H&F Stockholders.

 

“Partnership” means Crackle Holdings,
L.P., a Delaware limited partnership.

 

“Partnership Agreement” means
the Amended and Restated Limited Partnership Agreement of the Partnership, dated as of August 4, 2017, as amended, restated, supplemented
or otherwise modified from time to time in accordance with its terms.

 

    3 

     

    

 

“Permitted Assignee” means:

 

(i)            with
respect to an Employee Stockholder, (x) the Applicable Employee with respect to such Employee Stockholder and/or (y) a transferee
by testamentary or intestate disposition or any trust, limited partnership or other legal entity the beneficiary of which is one or more
members of the immediate family of the Applicable Employee with respect to such Employee Stockholder (consisting of his or her spouse,
ex-spouse, children, step-children, children-in-law, parents, step-parents or parents-in-law, including adoptive relationships, or their
respective lineal descendants) and which is controlled by such Applicable Employee (an entity shall be deemed to be controlled by an Applicable
Employee if such Applicable Employee has the power to direct the disposition and voting of the Securities transferred to such trust or
other legal entity); provided, however, that, during the period that any such trust or other legal entity holds any right,
title or interest in any Securities, no Person other than such Applicable Employee or one or more of such Applicable Employee’s
immediate family members may be or may become beneficiaries, stockholders, limited or general partners or members thereof;

 

(ii)           in
the case of any H&F Stockholder, any of its respective (x) Affiliates or (y) partners, members or other investors of any
H&F Stockholder that become parties to this Agreement in connection with a distribution prior to or following an Initial Public Offering;
and

 

(iii)          with
respect to any other Stockholder, an Affiliate of such Stockholder so long as such Affiliate is either (x) wholly owned by such Stockholder
or (y) directly or indirectly wholly owns such Stockholder.

 

“Person” means an individual,
any general partnership, limited partnership, limited liability company, corporation, trust, business trust, joint stock company, joint
venture, unincorporated association, cooperative or association or any other legal entity or organization of whatever nature, and shall
include any successor (by merger or otherwise) of such entity.

 

“Registration Expenses” means
any and all expenses incident to the performance by the Company of its obligations under Article V or of a Registration or
other Transfer, including (i) all SEC or stock exchange registration and filing fees (including, if applicable, the fees and expenses
of any “qualified independent underwriter,” as such term is defined in Rule 5121 of FINRA (or any successor provision),
and of its counsel), (ii) all fees and expenses of complying with securities or “blue sky” laws (including fees and disbursements
of counsel for the underwriters in connection with “blue sky” qualifications of the Registrable Securities), (iii) all
printing, messenger and delivery expenses, (iv) all fees and expenses incurred in connection with the listing of the Registrable
Securities on any securities exchange and all rating agency fees, (v) the fees and disbursements of counsel for the Company and of
its independent public accountants, including the expenses of any special audits and/or comfort letters required by or incident to such
performance and compliance, (vi) any fees and disbursements of underwriters customarily paid by the issuers or sellers of securities,
including liability insurance if the Company so desires or if the underwriters so require, and the reasonable fees and expenses of any
special experts retained in connection with the requested registration, but excluding underwriting discounts and commissions and transfer
taxes, if any, (vii) the fees and out-of-pocket expenses of not more than one law firm (as selected by the H&F Stockholders and/or
the holders of a majority of the Registrable Securities included in the applicable registration or other Transfer) incurred by all the
Holders in connection with the applicable registration or other Transfer, (viii) the costs and expenses of the Company relating to
analyst and investor presentations or any “road show” undertaken in connection with the registration and/or marketing of the
Registrable Securities (including the reasonable out-of-pocket expenses of the Holders) and (ix) any other fees and disbursements
customarily paid by the issuers of securities.

 

“SEC” means the U.S. Securities
and Exchange Commission or any successor agency.

 

    4 

     

    

 

“SEC Restricted Securities” means
all Securities other than (i) Securities, the offer and sale of which have been registered under a registration statement pursuant
to the Securities Act and sold thereunder, (ii) Securities, with respect to which a sale or other disposition has been made in reliance
on and in accordance with Rule 144 (or any successor provision) under the Securities Act, or (iii) Securities, with respect
to which the holder thereof shall have delivered to the Company (a) an opinion of counsel in form and substance reasonably satisfactory
to the Company, delivered by counsel reasonably satisfactory to the Company, (b) a “no action” letter from the SEC, or
(c) such other evidence as may be reasonably satisfactory to the Company, in each case to the effect that subsequent transfers of
such Securities may be effected without registration under the Securities Act.

 

“Securities” means, as of the
relevant time of determination (without any double counting), Shares and any other equity securities (and any securities convertible into
or exercisable or exchangeable for Shares or other equity securities) of the Company or any of its Subsidiaries.

 

“Securities Act” means the Securities
Act of 1933, as amended from time to time, and the rules and regulations promulgated pursuant thereto.

 

“Service Provider” means any officer,
employee, director, consultant and/or other individual service provider of the Company or its Subsidiaries.

 

“Share Equivalents” means, as
of the relevant time of determination (without any double counting), (i) Shares and (ii) Shares issuable upon exercise, conversion
or exchange of any Security that is currently exercisable for, convertible into or exchangeable for, as of any such date of determination,
Shares without payment to the Company of any additional consideration.

 

“Shares” means, as of the relevant
time of determination (without any double counting), any shares of Common Stock and any other equity securities of the Company received
in respect of such Common Stock in connection with any combination, recapitalization, merger, consolidation or other reorganization or
by way of stock split, combination or reclassification, stock dividend or other distribution.

 

“Specified Stockholders” means
each of the Stockholders set forth on Exhibit C attached hereto and their respective Permitted Assignees that hold Securities
from time to time.

 

“Stockholders” means each of the
Persons specified in the preamble that hold Securities and each additional Person who becomes a party to this Agreement pursuant to Article IX
hereof as a holder of Securities.

 

“Subsidiary” means, with respect
to any Person, any entity of which (i) a majority of the total voting power of shares of stock or equivalent ownership interests
entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers, trustees or other members
of the applicable governing body thereof is at the time owned or controlled, directly or indirectly, by that Person or one or more of
the other Subsidiaries of that Person or a combination thereof, or (ii) if no such governing body exists at such entity, a majority
of the total voting power of shares of stock or equivalent ownership interests of the entity is at the time owned or controlled, directly
or indirectly, by that Person or one or more Subsidiaries of that Person or a combination thereof. For purposes hereof, a Person or Persons
shall be deemed to have a majority ownership interest in a limited liability company, partnership, association or other business entity
if such Person or Persons shall be allocated a majority of limited liability company, partnership, association or other business entity
gains or losses or shall be or control the managing member or general partner of such limited liability company, partnership, association
or other business entity.

 

    5 

     

    

 

“Underwriting Agreement” means
an underwriting agreement among the Company, Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and the other investment banks
party thereto with respect to an underwritten initial Public Offering.

 

“Unitholders Agreement” means
the Unitholders Agreement, dated as of August 4, 2017, by and among the Partnership, Crackle Holdings GP, LLC as general partner
and the other Persons from time to time parties thereto, as may be amended, supplemented, restated or modified from time to time in accordance
with its terms.

 

Section 1.2.         Definitions
Cross References.

 

	Automatic Shelf Registration Statement	Section 5.1(a)
	Claims	Section 8.1(a)
	Confidential Information	Section 3.2
	Demand Delay	Section 5.3(a)(ii)
	Demand Period	Section 5.3(c)
	Demand Registration	Section 5.3(a)
	Eligible Take-Down Holders	Section 5.1(b)
	H&F Initiating Holders	Section 5.1(c)
	H&F Nominees	Section 3.1(b)(i)
	Holder	Section 5.1(d)
	Indemnification Sources	Section 8.1(b)
	Indemnified Party	Section 5.7(c)
	Indemnifying Party	Section 5.7(c)
	Indemnitee	Section 8.1(a)
	Indemnitee-Related Entities	Section 8.1(b)
	Jointly Indemnifiable Claims	Section 8.1(b)
	Majority Shelf Holders	Section 5.2(b)
	Marketed	Section 5.1(e)
	Marketed Underwritten Shelf Take-Down	Section 5.2(d)(ii)
	Prospectus	Section 5.1(f)
	Registrable Securities	Section 5.1(h)
	Registration Statement	Section 5.1(g)
	Representatives	Section 3.2
	Restricted Shelf Take-Down	Section 5.2(d)(iii)(A)
	Restricted Shelf Take-Down Notice	Section 5.2(d)(iii)(A)
	Restricted Take-Down Selling Holders	Section 5.2(d)(iii)(A)
	Shelf Holder	Section 5.2(a)
	Shelf Registration Notice	Section 5.2(a)
	Shelf Registration Statement	Section 5.1(i)
	Shelf Suspension	Section 5.2(c)
	Shelf Take-Down Initiating Holder	Section 5.2(d)(i)
	Take-Down Participation Notice	Section 5.2(d)(iii)(B)
	Take-Down Tagging Holders	Section 5.2(d)(iii)(A)
	Third Party Holder	Section 5.1(k)
	Third Party Shelf Holder	Section 5.2(a)
	Transfer	Section 4.1(a)
	Transfer Restriction Period	Section 4.3(a)
	Underwritten Shelf Take-Down	Section 5.2(d)(i)(A)
	Underwritten Shelf Take-Down Notice	Section 5.2(d)(i)(A)
	Well-Known Seasoned Issuer	Section 5.1(l)

 

    6 

     

    

 

Section 1.3.         General
Interpretive Principles. The name assigned to this Agreement and the section captions used herein are for convenience of reference
only and shall not be construed to affect the meaning, construction or effect hereof. Unless otherwise specified, the terms “hereof,”
 “herein” and similar terms refer to this Agreement as a whole, and references herein to Articles or Sections refer to Articles
or Sections of this Agreement. For purposes of this Agreement, the words, “include,” “includes” and “including,”
when used herein, shall not be limiting and shall be deemed in each case to be followed by the words “without limitation.”
The terms “dollars” and “$” shall mean United States dollars. The use of “Affiliates” and “Subsidiaries”
shall be deemed to be followed by the words “as such entities exist as of the relevant date of determination.” Any reference
to “days” shall mean calendar days unless such reference is to a “Business Day”. 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 and no presumption or burden of proof will arise favoring or disfavoring any party
because of the authorship of any provision of this Agreement.

 

Article II

 

REPRESENTATIONS
AND WARRANTIES

 

Section 2.1.         Representations
and Warranties of the Parties. Each of the parties hereto hereby represents and warrants to each of the other parties, as of the
date hereof (and in respect of Persons who become a party to this Agreement after the date hereof, such party hereby represents and warrants
to each of the other parties on the date of its, his or her execution of this Agreement or a Joinder Agreement) as follows:

 

(a)           Such
party, to the extent applicable, is duly organized or incorporated, validly existing and in good standing under the laws of the jurisdiction
of its organization or incorporation and has all requisite power and authority to conduct its business as it is now being conducted and
is proposed to be conducted.

 

(b)           Such
party has the full power, authority and legal right to execute, deliver and perform this Agreement. The execution, delivery and performance
of this Agreement have been duly authorized by all necessary action, corporate or otherwise, of such party. This Agreement has been duly
executed and delivered by such party and constitutes its, his or her legal, valid and binding obligation, enforceable against it, him
or her in accordance with its terms, subject to applicable bankruptcy, insolvency and similar laws affecting creditors’ rights generally.

 

(c)           The
execution and delivery by such party of this Agreement and the performance by such party of its, his or her obligations hereunder by such
party does not and will not violate (i) in the case of parties who are not individuals, any provision of its by-laws, charter, articles
of association, partnership agreement or other similar document, (ii) any provision of any material agreement to which it, he or
she is a party or by which it, he or she is bound or (iii) any law, rule, regulation, judgment, order or decree to which it, he or
she is subject.

 

(d)           No
consent, waiver, approval, authorization, exemption, registration, license or declaration is required to be made or obtained by such party
in connection with the execution, delivery or enforceability of this Agreement or the consummation of any of the transactions contemplated
herein.

 

(e)           Such
party is not currently in violation of any law, rule, regulation, judgment, order or decree, which violation could reasonably be expected
at any time to have a material adverse effect upon such party’s ability to enter into this Agreement or to perform its, his or her
obligations hereunder.

 

    7 

     

    

 

(f)            There
is no pending legal action, suit or proceeding that would materially and adversely affect the ability of such party to enter into this
Agreement or to perform its, his or her obligations hereunder.

 

(g)           To
the extent such party is an Employee Stockholder or a natural person, if such Person is resident in a community property state, such Person’s
spouse, if any, has duly executed, or solely if consented to in advance by the Company, will duly execute, a Consent of Spouse, and such
Consent of Spouse was delivered as of the date of this Agreement, or, if later, the date such Person became a party. Such Consent of Spouse
was or will be duly authorized, executed and delivered by such spouse and effectively binds such spouse to the terms set forth therein.

 

Article III

 

GOVERNANCE

 

Section 3.1.         Board
of Directors.

 

(a)           Board
Size. The size of the Board shall be determined in the manner set forth from time to time in the Company’s certificate of incorporation
or bylaws. As of the date of this Agreement, the initial size of the Board is eight Directors.

 

(b)           Board
Representation.

 

(i)          Unless
otherwise agreed in writing by the H&F Stockholders, to the extent permitted by applicable law and the rules of the principal
stock exchange or inter-dealer quotation system on which the Shares are then traded or listed, the H&F Stockholders shall have the
right to nominate a number of individuals for election to the Board equal to the product of the following (such individuals, the “H&F
Nominees”): (x) the percentage of the outstanding Share Equivalents beneficially owned by the H&F Stockholders, taken
together, multiplied by (y) the number of Directors then on the Board, rounded up to the nearest whole number; provided,
that the H&F Stockholders shall have the right to nominate at least one H&F Nominee for so long as the H&F Stockholders beneficially
own, in the aggregate, at least two and one half percent (2.5%) of the then outstanding Share Equivalents of the Company, except that
such right set forth in this proviso shall not apply with respect to any such election if the Board is divided into multiple classes
of Directors, an H&F Nominee has previously been elected to the Board and the term of such H&F Nominee is not expiring concurrently
with such election.

 

(ii)         For
so long as the H&F Stockholders have the right to nominate an H&F Nominee for election pursuant to Section 3.1(b),
in connection with each election of Directors, the Company shall nominate each such H&F Nominee for election as a Director as part
of the slate that is included in the proxy statement (or consent solicitation or similar document) of the Company relating to the election
of Directors, and shall provide the highest level of support for the election of each H&F Nominee as it provides to any other individual
standing for election as a Director of the Company as part of the Company’s slate of Directors.

 

    8 

     

    

 

(iii)        In
the event that an H&F Nominee shall cease to serve as a Director for any reason (other than the failure of the stockholders of the
Company to elect such individual as a Director), the H&F Stockholders shall have the right to nominate another H&F Nominee to
fill the vacancy resulting therefrom. For the avoidance of doubt, it is understood that the failure of the stockholders of the Company
to elect any H&F Nominee shall not affect the right of the Persons entitled to designate such H&F Nominee pursuant to Section 3.1(b)(i) to
designate an H&F Nominee for election pursuant to Section 3.1(b)(i) in connection with any future election of Directors
of the Company.

 

(iv)        Each
Non-H&F Stockholder hereby agrees with the Company to take all Necessary Action to effect the appointment of each H&F Nominee
nominated in accordance herewith.

 

(v)         Upon
the classification of the Board into three (3) classes, the initial H&F Nominees shall be Erik Ragatz, Jacob Best, and
Annmarie Neal. Upon the classification of the Board into three (3) classes, the initial Class I Directors shall consist of
Erik Ragatz, John Heyman, and Martin Plaehn, the initial Class II Directors shall consist of Kenneth Wagers III, Adalio
Sanchez, and Annmarie Neal, and, the initial Class III Directors shall consist of Jacob Best and Amy Steel Vanden-Eykel.

 

Section 3.2.         Sharing
of Information. To the extent permitted by antitrust, competition or any other applicable Law, each of the Company and the H&F
Stockholders agrees and acknowledges that the Directors affiliated with or nominated by the H&F may share confidential, non-public
information about the Company and its subsidiaries (“Confidential Information”) with the H&F Stockholders and
their Affiliates and their respective employees, auditors, investors, partners, members, creditors, advisors, counsel and other representatives
(collectively, “Representatives”). Each of the H&F Stockholders recognizes that it, or its Representatives, has
acquired or will acquire Confidential Information the use or disclosure of which could cause the Company substantial loss and damages
that could not be readily calculated and for which no remedy at law would be adequate. Accordingly, each of the H&F Stockholders
covenants and agrees with the Company that it will not (and will cause its respective controlled affiliates and will instruct its Representatives
not to) at any time, except with the prior written consent of the Company, directly or indirectly, disclose any Confidential Information
known to it to any third party (other than the H&F Stockholders and their Representatives), unless (a) such information becomes
known to the public through no breach of this Section 3.2 by such party, (b) disclosure is required by applicable law,
regulation, legal or judicial process or requested by a regulatory, self-regulatory or governmental entity or authority or bank examiner;
provided, that (other than in the case of any required filing following the date of this Agreement with the SEC or in connection
with any audit or examination as described below) the H&F Stockholders or such Representatives promptly notify the Company of such
requirement or request and takes commercially reasonable steps, at the sole cost and expense of the Company, to minimize the extent of
any such required disclosure, (c) such information was available or becomes available to the H&F Stockholders or such Representatives
before, on or after the date of this Agreement, without restriction, from a source (other than the Company) without any breach of duty
to the Company or (d) such information was independently developed by such H&F Stockholders or such Representatives without
the use of the Confidential Information. Notwithstanding the foregoing, nothing in this Agreement shall prohibit any of the H&F Stockholders
or their Representatives from disclosing Confidential Information (x) to any actual or prospective investor, limited partner, member
or shareholder or private equity or other investment fund of an H&F Stockholder or any of its Affiliates, provided, that such
Person shall be bound by or subject to an obligation of confidentiality with respect to such Confidential Information, (y) if such
disclosure is made to a governmental or regulatory entity or authority with jurisdiction over such party in connection with any audit
or examination that is not specifically directed at the Company or the Confidential Information, provided, that such party shall
request that confidential treatment be accorded to any information so disclosed or (z) if such disclosure is reasonably required
or advisable in connection with a tax audit involving such Party or its affiliates. No Confidential Information shall be deemed to be
provided to any Person, including any affiliate or representative of the H&F Stockholders, unless such Confidential Information is
actually provided to such Person.

 

    9 

     

    

 

Article IV

 

TRANSFER
RESTRICTIONS

 

Section 4.1.         General
Restrictions on Transfers.

 

(a)           Each
Stockholder hereby agrees with the Company that such Stockholder shall not, directly or indirectly, sell, exchange, assign, pledge, hypothecate,
gift or otherwise transfer, dispose of or encumber (all of which acts shall be deemed included in the term “Transfer”
as used in this Agreement) any Securities or any legal, economic or beneficial interest in any Securities (in each case, whether held
in its own right or by its representative and whether voluntary or involuntary or by operation of law) unless (i) to the extent such
Transfer constitutes a Transfer of Securities, such Transfer of Securities is made on the books of the Company (or its transfer agent)
and is not in violation of the provisions of this Article IV and (ii) the transferee of such Securities (if other than
(A) the Company or any of its Subsidiaries, (B) a transferee in a sale of Securities made under Rule 144 under the Securities
Act after an Initial Public Offering, (C) a transferee of Securities pursuant to an offer and sale registered under the Securities
Act or pursuant to clause (vi) of Section 4.3(a) or (D) a partner, member or other investor of any Stockholder that is a private equity fund that makes a distribution prior to
or following an Initial Public Offering) agrees to become a party to this Agreement pursuant to Article VII hereof and executes
such further documents as may be necessary, in the reasonable judgment of the Company, to make him, her or it a party hereto, including,
to the extent such transferee is a resident in a community property state (including California), a Consent of Spouse, duly authorized,
executed and delivered by such transferee’s spouse, if any. For the avoidance of doubt, it is understood and agreed that solely
with respect to the H&F Stockholders, a bona fide direct or indirect Transfer of partnership interests in any private equity fund
affiliated with, or managed by, Hellman & Friedman LLC, or its Affiliates, as the case may be, or any Person that holds a direct
or indirect interest in such private equity fund, to another partner or to a third party, shall not constitute a Transfer for purposes
of this Agreement.

 

(b)           Any
purported Transfer of Securities or any interest in any Securities other than in accordance with this Agreement by any Stockholder shall
be null and void ab initio, and the Company shall refuse to recognize any such Transfer for any purpose and shall not reflect in
its records any change in record ownership of Securities pursuant to any such Transfer.

 

(c)           Each
Stockholder acknowledges that the SEC Restricted Securities have not been registered under the Securities Act and may not be transferred
except pursuant to an effective registration statement under the Securities Act or pursuant to an exemption from registration under the
Securities Act. Each Stockholder agrees that it, he or she will not Transfer any SEC Restricted Securities at any time if such action
would constitute a violation of any securities laws of any applicable jurisdiction or a breach of the conditions to any exemption from
registration of SEC Restricted Securities under any such laws or a breach of any undertaking or agreement of such Stockholder entered
into pursuant to such laws or in connection with obtaining an exemption thereunder. Each Stockholder agrees that any SEC Restricted Securities
to be held by it, him or her that are represented by certificates shall bear the restrictive legend set forth in Section 6.3.

 

(d)           No
Non-H&F Stockholder shall grant any proxy or enter into or agree to be bound by any voting trust with respect to any Securities or
enter into any agreements or arrangements of either kind with any person with respect to any Securities inconsistent with the provisions
of this Agreement, including agreements or arrangements with respect to the acquisition, disposition or voting (if applicable) of any
Securities, nor shall any Non-H&F Stockholder act, for any reason, as a member of a group or in concert with any other Persons in
connection with the acquisition, disposition or voting (if applicable) of any Securities in any manner which is inconsistent with the
provisions of this Agreement.

 

    10 

     

    

 

Section 4.2.         Permitted
Transfers.

 

(a)           (i) Each
Stockholder (other than an Employee Stockholder) may Transfer any or all of the Securities held by it to any of its Permitted Assignees
without complying with the provisions of this Article IV, other than Section 4.1; provided, however,
that, with respect to a Transfer to a Permitted Assignee, (x) such Permitted Assignee shall have agreed with the Company, in a written
instrument reasonably satisfactory to the Company, that it will immediately convey record and beneficial ownership of all Securities
and all rights and obligations hereunder to such Stockholder or another Permitted Assignee of such Stockholder prior to such time as
it would cease to be a Permitted Assignee of such Stockholder and (y) as a condition to such Transfer, such Permitted Assignee shall
become a party to this Agreement as provided in Section 4.1(a) and (ii) any Stockholder that is a private equity
fund may, subject to compliance with Section 5.13 distribute any or all of the Securities held by it to its partners, members
or other investors without complying with the provisions of this Article IV, other than Section 4.1.

 

(b)           Each
Stockholder that is an Employee Stockholder may Transfer any or all of the Securities held by him, her or it to a Permitted Assignee
of such Employee Stockholder without complying with the provisions of this Article IV other than Section 4.1;
provided, that (i) such Permitted Assignee shall have agreed with the Company, in a written instrument reasonably satisfactory
to the Company, that he, she or it will immediately convey record and beneficial ownership of all Securities and all rights and obligations
hereunder to such transferring Employee Stockholder or another Permitted Assignee of such transferring Employee Stockholder if he, she
or it ceases to be a Permitted Assignee of such Employee Stockholder and (ii) as a condition to such Transfer, such Permitted Assignee
shall become a party to this Agreement as provided in Section 4.1.

 

Section 4.3.         Transfer
Restriction Period.

 

(a)           During
the period beginning on the date hereof and ending on (and, for the avoidance of doubt, not including) (x) in the case of the Specified
Stockholders, the twelve-(12) month anniversary of an Initial Public Offering, and (y) in the case of all Stockholders other than
the Specified Stockholders and the H&F Stockholders, one hundred eighty (180) days after the effective date of a Registration Statement
of the Company filed in connection with an Initial Public Offering (such period, the “Transfer Restriction Period”),
each Stockholder (other than the H&F Stockholders) hereby agrees with the Company that such Stockholder shall not Transfer any Securities
to any Person, except, subject to compliance with Section 4.1, Transfers:

 

(i)          to
the Company or any of its Affiliates or to any H&F Stockholder or any of its Affiliates;

 

(ii)         to
a Permitted Assignee or as otherwise contemplated pursuant to and in compliance with Section 4.2 (Permitted Transfers);

 

(iii)        pursuant
to and in compliance with Article V (Registration Rights);

 

(iv)        pursuant
to the Underwriting Agreement; 

 

	 	(v)	by the Stockholders set forth on Exhibit D of a number of Shares in connection with the Initial Public Offering not to exceed the number
of Shares set forth opposite such Stockholder’s name on Exhibit D;

 

	 	(vi)	by Employee Stockholders of Shares purchased or acquired by such Employee Stockholders (A) pursuant to the Company’s directed share
program in connection with its Initial Public Offering or (B) following the consummation of the Initial Public Offering, (I) pursuant
to the Company’s 2021 Employee Stock Purchase Plan or (II) in an “open market” transaction; and/or

 

	 	(vii)	with the prior written consent of the Company.

 

    11 

     

    

 

(b)            If
and to the extent any H&F Stockholder requests in connection with an actual or potential Transfer of Securities by such H&F Stockholder,
the Company shall, and shall cause its Subsidiaries to, make members of the Company’s and its Subsidiaries’ management available
to meet with prospective transferees, provide for the reasonable inspection of the Company’s and its Subsidiaries’ facilities
and reasonable access to the Company’s and its Subsidiaries financial information and other books and records by prospective transferees
and otherwise cooperate in any prospective transferee’s due diligence review of the Company and its Subsidiaries, including facilitating
the cooperation of the Company’s counsel and independent public accountants with any such due diligence review, all pursuant to
such potential transferee having entered into a customary confidentiality agreement regarding all confidential information received in
connection with such due diligence review.

 

Article V

 

REGISTRATION
RIGHTS

 

The Company hereby grants to each of the Holders
(as defined below) the registration rights set forth in this Article V, with respect to the Registrable Securities (as defined
below) owned by such Holders.

 

Section 5.1.     Certain
Definitions. As used in this Article V:

 

(a)            “Automatic
Shelf Registration Statement” shall have the meaning set forth in Rule 405 (or any successor provision) of the Securities
Act.

 

(b)            “Eligible
Take-Down Holders” means any and all of the H&F Initiating Holders.

 

(c)            “H&F
Initiating Holders” means one or more H&F Stockholders or any assignee to whom an H&F Stockholder has transferred rights
pursuant to Section 5.9.

 

(d)            “Holder”
(collectively, “Holders”) means any Stockholder (and any transferee pursuant to Section 5.9) holding Registrable
Securities, securities exercisable or convertible into Registrable Securities or securities exercisable for securities convertible into
Registrable Securities.

 

(e)            “Marketed”
means the use or involvement of a customary “road show” (including an “electronic road show”) or other substantial
marketing effort by underwriters over a period of at least 48 hours.

 

(f)            “Prospectus”
means the prospectus included in any Registration Statement, all amendments and supplements to such prospectus, including post-effective
amendments, and all other material incorporated by reference in such prospectus.

 

(g)            “register”,
 “registered” and “registration” means a registration effected pursuant to a registration statement
filed with the SEC (the “Registration Statement”) in compliance with the Securities Act, and the declaration or ordering
by the SEC of the effectiveness of such Registration Statement.

 

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(h)            “Registrable
Securities” means (i) Shares held (whether now held or hereafter acquired) by a Stockholder or any transferee to the extent
permitted by Section 5.9 or, without duplication, by any holder of Securities of the Company that holds registration or similar
rights pursuant to an agreement between such holder of Securities and the Company and (ii) any Shares issued as (or, as of any such
date of determination, then currently issuable upon the conversion or exercise of any warrant, right or other security that is issued
as) a dividend or other distribution with respect to, or in exchange or in replacement of, such Shares contemplated by the immediately
foregoing clause (i); provided, however, that Shares shall cease to be treated as Registrable Securities if (a) a Registration
Statement covering such securities has been declared effective by the SEC and such security has been disposed of pursuant to such effective
Registration Statement, (b) a Registration Statement on Form S-8 (or any successor form) covering such Shares is effective and
the Transfer of such Share is no longer subject to the restrictions on Transfer set forth in Section 4.3, (c) such Shares
are sold pursuant to Rule 144 or 145 promulgated under the Securities Act (or another exemption from the registration requirements
of the Securities Act), (d) such Shares cease to be outstanding or (e) the Holder thereof, together with his, her or its Permitted
Assignees, beneficially owns (excluding any securities covered by the foregoing clause (b)) less than one percent (1%) of the Shares that
are outstanding at such time and such Holder is able to dispose of all of its Registrable Securities in any ninety (90) day period pursuant
to Rule 144 or 145 (or any similar or analogous rule) promulgated under the Securities Act and the Transfer of such Share is no longer
subject to the restrictions on Transfer set forth in Section 4.3. For the avoidance of doubt, it is understood that, with
respect to any Registrable Securities for which a Holder holds Securities which are subject to one or more vesting criteria or conditions,
such vesting criteria or conditions must be satisfied for such Registrable Securities to be sold pursuant to this Article V.
For the avoidance of doubt, it is understood that, with respect to any Registrable Securities for which a Holder holds Securities exercisable
for, convertible into or exchangeable for Registrable Securities, to the extent that such Registrable Securities are to be sold pursuant
to this Article V, such Holder must exercise the relevant Security or exercise, convert or exchange such relevant Security
and transfer the relevant underlying securities that are Registrable Securities (in each case, net of any amounts required to be withheld
by the Company in connection with such exercise).

 

(i)            “Shelf
Registration Statement” means a Registration Statement of the Company filed with the SEC on Form S-3 or on Form S-1
for an offering to be made on a continuous basis pursuant to Rule 415 under the Securities Act (or any similar rule that may
be adopted by the SEC) covering the Registrable Securities, as applicable.

 

(j)            “Shelf
Take-Down” means any offering or sale of Registrable Securities initiated by an H&F Initiating Holder pursuant to a Shelf
Registration Statement.

 

(k)            “Third
Party Holder” means any holder (other than a Holder) of Shares who exercises contractual rights to participate in a registered
offering of Shares.

 

(l)            “Well-Known
Seasoned Issuer” shall have the meaning set forth in Rule 405 (or any successor provision) of the Securities Act.

 

    13 

     

    

 

Section 5.2.     Shelf
Registration.

 

(a)            Filing.
Upon the first Business Day of the thirteenth calendar month following an Initial Public Offering or upon an earlier demand by the H&F
Initiating Holders, subject to the Company’s rights under Section 5.2(c) and the limitations set forth in Section 5.2(d),
the Company shall (i) promptly (but in any event no later than ten (10) days prior to the date such Shelf Registration Statement
is declared effective) give written notice (a “Shelf Registration Notice”) of the proposed registration to all Holders
and (ii) use its reasonable best efforts to file as soon as reasonably practicable after such date with the SEC or as soon as possible
following receipt of such demand from the H&F Initiating Holders and to cause to become effective under the Securities Act a Shelf
Registration Statement (which Shelf Registration Statement shall be designated by the Company as an Automatic Shelf Registration Statement
if the Company is a Well-Known Seasoned Issuer at the time of filing such Shelf Registration Statement with the SEC) as will permit or
facilitate the sale and distribution of all Registrable Securities held by any of the H&F Stockholders (or, if the H&F Stockholders
determine to not include all of their Registrable Securities therein, such lesser amount as such Holder shall request to the Company in
writing), together with (x) all or such portion of the Registrable Securities of any Holder or Holders as are specified in a written
request received by the Company within five (5) days after such Shelf Registration Notice is given (each such Holder, and each H&F
Stockholder, a “Shelf Holder”) (such amount not in any event to exceed the total Registrable Securities held by such
Shelf Holder as of the date of such written notice) and (y) all or such portion of the Securities of any Third Party Holder that
the Company determines may register securities in such registration (each such Third Party Holder, a “Third Party Shelf Holder”);
provided, however, that, if the Company is permitted by applicable law, rule or regulation to add selling securityholders
to a Shelf Registration Statement without filing a post-effective amendment, a Holder may request the inclusion of such Holder’s
Registrable Securities (such amount not in any event to exceed the total Registrable Securities held by such Shelf Holder) in such Shelf
Registration Statement at any time or from time to time, and the Company shall add such Registrable Securities to the Shelf Registration
Statement as promptly as reasonably practicable, and such Holder shall be deemed a Shelf Holder. If, on the date of any demand by the
H&F Initiating Holders for the Company to file a Shelf Registration Statement, the Company does not qualify to file a Shelf Registration
Statement, then the provisions of Section 5.3 shall apply instead of this Section 5.2. In no event shall the Company
be required to file, and maintain effectiveness pursuant to Section 5.2(b) of, more than one Shelf Registration Statement
at any one time pursuant to this Section 5.2.

 

(b)            Continued
Effectiveness. Except as otherwise agreed by the H&F Initiating Holders, the Company shall use its reasonable best efforts to
keep such Shelf Registration Statement filed pursuant to this Section 5.2 continuously effective under the Securities Act
(including by filing and having declared effective an additional Shelf Registration Statement if the then effective Shelf Registration
Statement is not permitted to be used pursuant to Rule 415(a)(5) under the Securities Act) in order to permit the Prospectus
forming a part thereof to be usable by the Shelf Holders until the earlier of (i) the date as of which all Registrable Securities
registered by such Shelf Registration Statement have been sold and (ii) such shorter period as the Shelf Holders of a majority of
the Registrable Securities registered on such Shelf Registration Statement, which majority must include the H&F Stockholders to the
extent they are Shelf Holders owning Registrable Securities registered on such Shelf Registration Statement (the “Majority Shelf
Holders”) may determine.

 

(c)            Suspension
of Filing or Registration. If the Company shall furnish to the Majority Shelf Holders, a certificate signed by the Chief Executive
Officer or equivalent senior executive of the Company, stating that the filing, effectiveness or continued use of the Shelf Registration
Statement would require the Company to make an Adverse Disclosure, then the Company shall have a period of not more than sixty (60) days
or such longer period as the Majority Shelf Holders shall consent to in writing, within which to delay the filing or effectiveness (but
not the preparation) of such Shelf Registration Statement or, in the case of a Shelf Registration Statement that has been declared effective,
to suspend the use by Shelf Holders of such Shelf Registration Statement (in each case, a “Shelf Suspension”); provided,
however, that, unless consented to in writing by the Majority Shelf Holders, the Company shall not be permitted to exercise in
any twelve (12) month period (i) more than two (2) Shelf Suspensions pursuant to this Section 5.2(c) and Demand
Delays pursuant to Section 5.3(a)(ii) in the aggregate or (ii) aggregate Shelf Suspensions pursuant to this Section 5.2(c) and
Demand Delays pursuant to Section 5.3(a)(ii) of more than ninety (90) days. Each Shelf Holder shall keep confidential
the fact that a Shelf Suspension is in effect, the certificate referred to above and its contents for the permitted duration of the Shelf
Suspension or until otherwise notified by the Company, except (A) for disclosure to such Shelf Holder’s employees, agents and
professional advisers who need to know such information and are obligated to keep it confidential, (B) for disclosures to the extent
required in order to comply with reporting obligations to its limited partners who have agreed to keep such information confidential and
(C) as required by law. In the case of a Shelf Suspension that occurs after the effectiveness of the Shelf Registration Statement,
the Shelf Holders agree to suspend use of the applicable Prospectus for the permitted duration of such Shelf Suspension in connection
with any sale or purchase of, or offer to sell or purchase, Registrable Securities, upon receipt of the certificate referred to above.
The Company shall notify the Shelf Holders as soon as reasonably practicable upon the termination of any Shelf Suspension, and (1) in
the case of a Shelf Registration Statement that has not been declared effective, shall promptly thereafter file the Shelf Registration
Statement and use its reasonable best efforts to have such Shelf Registration Statement declared effective under the Securities Act and
(2) in the case of an effective Shelf Registration Statement, shall amend or supplement the Prospectus, if necessary, so it does
not contain any material misstatement or omission prior to the expiration of the Shelf Suspension and furnish to the Shelf Holders such
numbers of copies of the Prospectus as so amended or supplemented as the Shelf Holders may reasonably request. The Company agrees, if
necessary, to supplement or make amendments to the Shelf Registration Statement if required by the registration form used by the Company
for the Shelf Registration Statement or by the instructions applicable to such registration form or by the Securities Act or the rules or
regulations promulgated thereunder or as may reasonably be requested by the Majority Shelf Holders.

 

    14 

     

    

 

(d)            Shelf
Take-Downs.

 

(i)            Generally.
Subject to the terms and provisions of this Article IV, a Shelf Take-Down proposed to be initiated by an H&F Initiating
Holder (the “Shelf Take-Down Initiating Holder”) may or may not be underwritten and/or Marketed, in each case, as shall
be specified in the written demand delivered by the Shelf Take-Down Initiating Holder to the Company pursuant to the provisions of this
Section 5.2(d). For the avoidance of doubt, only an H&F Initiating Holder may initiate a Shelf Take-Down.

 

 (A)            Underwritten
Shelf Take Downs. A Shelf Take-Down Initiating Holder (and not any other Shelf Holder) may elect in a written demand delivered to
the Company (an “Underwritten Shelf Take-Down Notice”) for any Shelf Take-Down that it has initiated (including any
Restricted Shelf Take-Down) to be in the form of an underwritten offering (an “Underwritten Shelf Take-Down”), and
the Company shall, if so requested, file and effect an amendment or supplement of the Shelf Registration Statement for such purpose as
soon as practicable; provided, that any such Underwritten Shelf Take-Down must comply with the minimum size requirements of a Demand
Registration set forth in Section 5.3(a). The applicable Shelf Take-Down Initiating Holder shall have the right to select
the underwriter or underwriters to administer such Underwritten Shelf Take-Down; provided, that such underwriter or underwriters
shall be reasonably acceptable to the Company.

 

    15 

     

    

 

 (B)            With
respect to any Underwritten Shelf Take-Down (including any Marketed Underwritten Shelf Take-Down), in the event that a Shelf Holder otherwise
would be entitled to participate in such Underwritten Shelf Take-Down pursuant to Section 5.2(d)(iii), the right of such Shelf
Holder to participate in such Underwritten Shelf Take-Down shall be conditioned upon such Shelf Holder’s participation in such underwriting
and the inclusion of such Shelf Holder’s Registrable Securities in the underwriting to the extent provided herein. The Company shall,
together with all Shelf Holders and Third Party Shelf Holders of Registrable Securities of the Company proposing to distribute their securities
through such Underwritten Shelf Take-Down, enter into an underwriting agreement in customary form with the underwriter or underwriters
selected in accordance with Section 5.2(d)(i)(A). Notwithstanding any other provision of this Section 5.2, if
the underwriter shall advise the Company that marketing factors (including an adverse effect on the per security offering price) require
a limitation of the number of Registrable Securities to be underwritten in an Underwritten Shelf Take-Down, then the Company shall so
advise all Shelf Holders and Third Party Shelf Holders of Registrable Securities that have requested to participate in such Underwritten
Shelf Take-Down, and the number of Registrable Securities that may be included in such Underwritten Shelf Take-Down shall be allocated
pro rata among such Shelf Holders and Third Party Shelf Holders thereof in proportion, as nearly as practicable, to the respective
amounts of Registrable Securities held by such Shelf Holders and Third Party Shelf Holders at the time of such Underwritten Shelf Take-Down;
provided, that any Registrable Securities thereby allocated to a Shelf Holder or Third Party Shelf Holder that exceeds such Shelf
Holder’s or Third Party Shelf Holder’s request shall be reallocated among the remaining Shelf Holders and Third Party Shelf
Holders in like manner. No Registrable Securities excluded from an Underwritten Shelf Take-Down by reason of the underwriter’s marketing
limitation shall be included in such underwritten offering.

 

(ii)            Marketed
Underwritten Shelf Take-Downs. The Shelf Take-Down Initiating Holder submitting an Underwritten Shelf Take-Down Notice shall indicate
in such notice that it delivers to the Company pursuant to Section 5.2(d)(i) whether it intends for such Underwritten
Shelf Take-Down to be Marketed (a “Marketed Underwritten Shelf Take-Down”); provided, that any such Marketed
Underwritten Shelf Take-Down shall be deemed to be, for purposes of Section 5.3(a), a Demand Registration and must comply
with the minimum size requirements set forth therein. Upon receipt of an Underwritten Shelf Take-Down Notice indicating that such Underwritten
Shelf Take-Down will be a Marketed Underwritten Shelf Take-Down, the Company shall promptly (but in any event no later than ten (10) days
prior to the expected date of such Marketed Underwritten Shelf Take-Down) give written notice of such Marketed Underwritten Shelf Take-Down
to all other Shelf Holders of Registrable Securities under such Shelf Registration Statement and any such Shelf Holders requesting inclusion
in such Marketed Underwritten Shelf Take-Down must respond in writing within five (5) days after the receipt of such notice. Each
such Shelf Holder that timely delivers any such request shall be permitted to sell in such Marketed Underwritten Shelf Take-Down subject
to the terms and conditions of this Section 5.2(d).

 

(iii)            Non-Marketed
Underwritten Shelf Take-Downs.

 

 (A)            With
respect to each Underwritten Shelf Take-Down initiated by a Shelf Take-Down Initiating Holder that is not a Marketed Underwritten Shelf
Take-Down (a “Restricted Shelf Take-Down”), the Shelf Take-Down Initiating Holder initiating such Restricted Shelf
Take-Down shall provide written notice (a “Restricted Shelf Take-Down Notice”) of such Restricted Shelf Take-Down to
the Company as far in advance of the completion of such Restricted Shelf Take-Down as shall be reasonably practicable in light of the
circumstances applicable to such Restricted Shelf Take-Down and the Company shall promptly distribute such Restricted Shelf Take-Down
Notice to all other Eligible Take-Down Holders, which Restricted Shelf Take-Down Notice shall set forth (I) the total number of Registrable
Securities expected to be offered and sold in such Restricted Shelf Take-Down, (II) the expected plan of distribution of such Restricted
Shelf Take-Down, (III) an invitation to each Eligible Take-Down Holder to elect (Eligible Take-Down Holders who make such an election
being “Take-Down Tagging Holders” and, together with the Shelf Take-Down Initiating Holders and all other Persons (other
than any Affiliates of the Shelf Take-Down Initiating Holders) who otherwise are transferring, or have exercised a contractual or other
right to transfer, Registrable Securities in connection with such Restricted Shelf Take-Down, the “Restricted Take-Down Selling
Holders”) to include in the Restricted Shelf Take-Down Registrable Securities held by such Take-Down Tagging Holder (but subject
to Section 5.2(d)(i)(B)) and (IV) the action or actions required (including the timing thereof) in connection with such
Restricted Shelf Take-Down with respect to each Eligible Take-Down Holder that elects to exercise such right (including the delivery of
one or more stock certificates representing Registrable Securities of such Eligible Take-Down Holder to be sold in such Restricted Shelf
Take-Down).

 

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 (B)            Upon
delivery of a Restricted Shelf Take-Down Notice, each Eligible Take-Down Holder may elect to sell Registrable Securities in such Restricted
Shelf Take-Down, at the same price per Registrable Security and pursuant to the same terms and conditions with respect to payment for
the Registrable Securities as agreed to by the Shelf Take-Down Initiating Holders, by sending an irrevocable written notice (a “Take-Down
Participation Notice”) to the Shelf Take-Down Initiating Holders and the Company within the time period specified in such Restricted
Shelf Take-Down Notice, indicating its, his or her election to sell up to the number of Registrable Securities in the Restricted Shelf
Take-Down specified by such Eligible Take-Down Holder in such Take-Down Participation Notice (but, in all cases, subject to Section 5.2(d)(i)(B)).
Following the time period specified in such Restricted Shelf Take-Down Notice, each Take- Down Tagging Holder that has delivered a Take-Down
Participation Notice shall be permitted to sell in such Restricted Shelf Take-Down on the terms and conditions set forth in the Restricted
Shelf Take-Down Notice, concurrently with the Shelf Take-Down Initiating Holders and the other Restricted Take-Down Selling Holders, the
number of Registrable Securities calculated pursuant to Section 5.2(d)(i)(B). For the avoidance of doubt, it is understood
that in order to be entitled to exercise its, his or her right to sell Registrable Securities in a Restricted Shelf Take-Down pursuant
to this Section 5.2(d)(iii), each Take-Down Tagging Holder must agree to make the same representations, warranties, covenants,
indemnities and agreements, if any, as the Shelf Take-Down Initiating Holders agree to make in connection with the Restricted Shelf Take-Down,
with such additions or changes as are required of such Take-Down Tagging Holder by the underwriters. All costs and expenses incurred by
the Shelf Take-Down Initiating Holders in connection with such Restricted Shelf Take-Down shall be borne on a pro rata basis in
accordance with the number of Registrable Securities being sold by each of the Restricted Take-Down Selling Holders.

 

 (C)            Notwithstanding
the delivery of any Restricted Shelf Take-Down Notice, all determinations as to whether to complete any Restricted Shelf Take-Down and
as to the timing, manner, price and other terms and conditions of any Restricted Shelf Take-Down shall be at the sole discretion of the
Shelf Take-Down Initiating Holders. Each of the applicable Shelf Holders agrees to reasonably cooperate with each of the other applicable
Shelf Holders to establish notice, delivery and documentation procedures and measures to facilitate such other applicable Shelf Holder’s
participation in future potential Restricted Shelf Take-Downs pursuant to this Section 5.2(d)(iii).

 

 (D)            Notwithstanding
anything herein to the contrary, except as otherwise agreed by the applicable Shelf Take-Down Initiating Holder that delivered a Restricted
Shelf Take-Down Notice to the Company pursuant to Section 5.2(d)(iii)(A), no Shelf Holders other than the Eligible Take-Down
Holders will have the right to participate in any Restricted Shelf Take-Down.

 

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Section 5.3.     Demand
Registration.

 

(a)            Holders’
Demand for Registration. If the Company shall receive from the H&F Initiating Holders at any time a written demand that the Company
effect any registration (a “Demand Registration”) of Registrable Securities held by such Holders having a reasonably
anticipated net aggregate offering price (after deduction of underwriter commissions and offering expenses) of at least the lesser of
(x) $25,000,000 and (y) the value of all remaining Registrable Securities held by the H&F Initiating Holders, the Company
will:

 

(i)            promptly
(but in any event within ten (10) days prior to the date such registration becomes effective under the Securities Act) give written
notice of the proposed registration to all other Holders; and

 

(ii)            use
its reasonable best efforts to effect such registration as soon as practicable as will permit or facilitate the sale and distribution
of all or such portion of such H&F Initiating Holders’ Registrable Securities as are specified in such demand, together with
all or such portion of the Registrable Securities of any other Holders joining in such demand as are specified in a written demand received
by the Company within five (5) days after such written notice is given; provided, that the Company shall not be obligated
to file any Registration Statement or other disclosure document pursuant to this Section 5.3 (but shall be obligated to continue
to prepare such Registration Statement or other disclosure document) if the Company shall furnish to such Holders a certificate signed
by the Chief Executive Officer or equivalent senior executive of the Company, stating that the filing or effectiveness of such Registration
Statement would require the Company to make an Adverse Disclosure, in which case the Company shall have an additional period (each, a
 “Demand Delay”) of not more than sixty (60) days (or such longer period as may be agreed upon by the H&F Initiating
Holders) within which to file such Registration Statement; provided, however, that the Company shall not exercise, in any
twelve (12) month period, (x) more than two (2) Demand Delays pursuant to this Section 5.3(a)(ii) and Shelf
Suspensions pursuant to Section 5.2(c) in the aggregate or (y) aggregate Demand Delays pursuant to this Section 5.3(a)(ii) and
Shelf Suspensions pursuant to Section 5.2(c) of more than ninety (90) days. Each Holder shall keep confidential the fact
that a Demand Delay is in effect, the certificate referred to above and its contents for the permitted duration of the Demand Delay or
until otherwise notified by the Company, except (A) for disclosure to such Holder’s employees, agents and professional advisers
who need to know such information and are obligated to keep it confidential, (B) for disclosures to the extent required in order
to comply with reporting obligations to its limited partners who have agreed to keep such information confidential and (C) as required
by law.

 

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(b)            Underwriting.
If the H&F Initiating Holders intend to distribute the Registrable Securities covered by their demand by means of an underwritten
offering, they shall so advise the Company as part of their demand made pursuant to this Section 5.3, and the Company shall
include such information in the written notice referred to in Section 5.3(a)(i). In such event, the right of any Holder to
registration pursuant to this Section 5.3 shall be conditioned upon such Holder’s participation in such underwriting
and the inclusion of such Holder’s Registrable Securities in the underwriting to the extent provided herein. The Company shall,
together with all holders of Registrable Securities of the Company proposing to distribute their securities through such underwriting,
enter into an underwriting agreement in customary form with the underwriter or underwriters selected by a majority-in-interest of the
H&F Initiating Holders and reasonably satisfactory to the Company. Notwithstanding any other provision of this Section 5.3,
if the underwriter shall advise the Company that marketing factors (including an adverse effect on the per security offering price) require
a limitation of the number of Registrable Securities to be underwritten, then the Company shall so advise all Holders of Registrable Securities
that have requested to participate in such offering, and the number of Registrable Securities that may be included in the registration
and underwriting shall be allocated pro rata among such Holders and other holders of Registrable Securities exercising a contractual
or other right to dispose of Registrable Securities in such underwriting thereof in proportion, as nearly as practicable, to the respective
amounts of Registrable Securities held by such persons at the time of filing the Registration Statement; provided, that any Registrable
Securities thereby allocated to any such person that exceed such person’s request shall be reallocated among the remaining requesting
Holders and other requesting holders of Registrable Securities in like manner; and provided, further, that the number of
Registrable Securities to be included in such underwriting shall not be reduced unless all other Securities are first entirely excluded
from the underwriting. No Registrable Securities excluded from the underwriting by reason of the underwriter’s marketing limitation
shall be included in such registration. If the underwriter has not limited the number of Registrable Securities to be underwritten, the
Company may include securities for its own account (or for the account of any other Persons) in such registration if the underwriter so
agrees and if the number of Registrable Securities would not thereby be limited.

 

(c)            Effective
Registration. The Company shall be deemed to have effected a Demand Registration if the Registration Statement pursuant to such registration
is declared effective by the SEC and remains effective for not less than one hundred eighty (180) days (or such shorter period as will
terminate when all Registrable Securities covered by such Registration Statement have been sold or withdrawn), or, if such Registration
Statement relates to an underwritten offering, such longer period as, in the opinion of counsel for the underwriters, a prospectus is
required by law to be delivered in connection with sales of Registrable Securities by an underwriter or dealer (the applicable period,
the “Demand Period”). No Demand Registration shall be deemed to have been effected if (i) during the Demand Period
such registration is interfered with by any stop order, injunction or other order or requirement of the SEC or other governmental agency
or court or (ii) the conditions specified in the underwriting agreement, if any, entered into in connection with such registration
are not satisfied other than by reason of a wrongful act, misrepresentation or breach of such applicable underwriting agreement by a participating
Holder.

 

Section 5.4.     Piggyback
Registration.

 

(a)            If
at any time or from time to time the Company shall determine to register any of its equity securities, either for its own account or for
the account of security holders (other than (1) in a registration relating solely to employee benefit plans, (2) a Registration
Statement on Form S-4 or S-8 (or such other similar successor forms then in effect under the Securities Act), (3) a registration
pursuant to which the Company is offering to exchange its own securities for other securities, (4) a Registration Statement relating
solely to dividend reinvestment or similar plans, (5) a Shelf Registration Statement pursuant to which only the initial purchasers
and subsequent transferees of debt securities or preferred stock of the Company or any Subsidiary that are convertible into or exchangeable
for Securities and that are initially issued pursuant to Rule 144A and/or Regulation S (or any successor provision) of the Securities
Act may resell such notes or preferred stock and sell the Securities into which such notes or preferred stock may be converted or exchanged
or (6) a registration pursuant to Section 5.2 or Section 5.3 hereof) the Company will:

 

(i)            promptly
(but in no event less than ten (10) days before the effective date of the relevant Registration Statement) give to each Holder written
notice thereof; and

 

(ii)            include
in such registration (and any related qualification under state securities laws or other compliance), and in any underwriting involved
therein, all the Registrable Securities specified in a written request or requests made within five (5) days after receipt of such
written notice from the Company by any Holder or Holders, except as set forth in Section 5.3(b) below.

 

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Notwithstanding anything herein to the contrary, this Section 5.4
shall not apply (i) prior to the one-year anniversary of an Initial Public Offering in respect of any Holder, unless (x) one
or more of the H&F Stockholders elect to participate in such registration or (y) the H&F Stockholders, in their sole discretion,
elect by written notice to the Company for this Section 5.4 to apply to the Registrable Securities of any one or more other
Holders specified in such notice and/or (ii) to any Shelf Take-Down irrespective of whether such Shelf Take-Down is an Underwritten
Shelf Take-Down or not an Underwritten Shelf Take-Down.

 

(b)            Underwriting.
If the registration of which the Company gives notice is for a registered public offering involving an underwriting, the Company shall
so advise the Holders as a part of the written notice given pursuant to Section 5.4(a)(i). In such event the right of any
Holder to registration pursuant to this Section 5.4 shall be conditioned upon such Holder’s participation in such underwriting
and the inclusion of such Holder’s Registrable Securities in the underwriting to the extent provided herein. All Holders proposing
to dispose of their Registrable Securities through such underwriting, together with the Company and the other parties distributing their
securities through such underwriting, shall enter into an underwriting agreement in customary form with the underwriter or underwriters
selected for such underwriting by the Company. Notwithstanding any other provision of this Section 5.4, if the underwriters
shall advise the Company that marketing factors (including, without limitation, an adverse effect on the per security offering price)
require a limitation of the number of Registrable Securities to be underwritten, then the Company may limit the number of Registrable
Securities to be included in the registration and underwriting, subject to the terms of this Section 5.4. The Company shall
so advise all Holders of Registrable Securities that have requested to participate in such offering, and the number of Registrable Securities
that may be included in the registration and underwriting shall be allocated in the following manner: first, to the Company and second,
to the Holders and other holders of Registrable Securities exercising a contractual or other right to dispose of Registrable Securities
in such underwriting on a pro rata basis based on the total number of Registrable Securities held by such persons; provided,
that any Registrable Securities thereby allocated to any such person that exceed such person’s request shall be reallocated among
the remaining requesting Holders and other requesting holders of Registrable Securities in like manner. No such reduction shall (i) reduce
the Securities being offered by the Company for its own account to be included in the registration and underwriting, or (ii) reduce
the amount of securities of the selling Holders included in the registration below twenty-five percent (25%) of the total amount of Securities
included in such registration, unless such offering does not include Securities of any other selling security holders, in which event
any or all of the Registrable Securities of the Holders may be excluded in accordance with the immediately preceding sentence. No securities
excluded from the underwriting by reason of the underwriter’s marketing limitation shall be included in such registration. For the
avoidance of doubt, nothing in this Section 5.4(b) is intended to diminish the number of securities to be included by
the Company in the underwriting.

 

(c)            Right
to Terminate Registration. The Company shall have the right to terminate or withdraw any registration initiated by it under this Section 5.4
prior to the effectiveness of such registration whether or not any Holder has elected to include securities in such registration.

 

Section 5.5.     Expenses
of Registration. All Registration Expenses incurred in connection with all registrations effected pursuant to Section 5.2,
Section 5.3 or Section 5.4 or in connection with any other Transfer by the H&F Stockholders shall be borne
or reimbursed by the Company; provided, however, that the Company shall not be required to pay stock transfer taxes, underwriters’
discounts or selling commissions relating to Registrable Securities.

 

    20 

     

    

 

Section 5.6.     Obligations
of the Company. Whenever required under this Article V to effect the registration of any Registrable Securities, the
Company shall, as expeditiously as reasonably possible:

 

(a)            prepare
and file with the SEC a Registration Statement with respect to such Registrable Securities and use its reasonable best efforts to cause
such Registration Statement to become effective, and keep such Registration Statement effective for (i) the lesser of one hundred
eighty (180) days or until the Holder or Holders have completed the distribution relating thereto or (ii) for such longer period
as may be prescribed herein;

 

(b)            prepare
and file with the SEC such amendments and supplements to such Registration Statement and the prospectus used in connection with such Registration
Statement as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with
respect to the disposition of all securities covered by such Registration Statement in accordance with the intended methods of disposition
by sellers thereof set forth in such Registration Statement;

 

(c)            permit
any Holder that (in the good faith reasonable judgment of such Holder) might be deemed to be a controlling person of the Company to participate
in good faith in the preparation of such Registration Statement and to cooperate in good faith to include therein material, furnished
to the Company in writing, that in the reasonable judgment of such Holder and its counsel should be included;

 

(d)           furnish
to the Holders such numbers of copies of the Registration Statement and the related Prospectus, including all exhibits thereto and documents
incorporated by reference therein and a preliminary prospectus, in conformity with the requirements of the Securities Act, and such other
documents as they may reasonably request in order to facilitate the disposition of Registrable Securities owned by them;

 

(e)           in
the event of any underwritten public offering, enter into and perform its obligations under an underwriting agreement, in usual and customary
form, with the managing underwriter(s) of such offering. Each Holder participating in such underwriting shall also enter into and
perform its obligations under such an agreement;

 

(f)            notify
each Holder of Registrable Securities covered by such Registration Statement as soon as reasonably possible after notice thereof is received
by the Company of any written comments by the SEC or any request by the SEC or any other federal or state governmental authority for amendments
or supplements to such Registration Statement or such prospectus or for additional information;

 

(g)           notify
each Holder of Registrable Securities covered by such Registration Statement, at any time when a prospectus relating thereto is required
to be delivered under the Securities Act, of the happening of any event as a result of which the prospectus included in such Registration
Statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated
therein or necessary to make the statements therein not misleading in the light of the circumstances then existing;

 

(h)           notify
each Holder of Registrable Securities covered by such Registration Statement as soon as reasonably practicable after notice thereof is
received by the Company of the issuance by the SEC of any stop order suspending the effectiveness of such Registration Statement or any
order by the SEC or any other regulatory authority preventing or suspending the use of any preliminary or final prospectus or the initiation
or threatening of any proceedings for such purposes, or any notification with respect to the suspension of the qualification of the Registrable
Securities for offering or sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose;

 

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(i)            use
its reasonable best efforts to prevent the issuance of any stop order suspending the effectiveness of any Registration Statement or of
any order preventing or suspending the use of any preliminary or final prospectus and, if any such order is issued, to obtain the withdrawal
of any such order as soon as practicable;

 

(j)            make
available for inspection by each Holder including Registrable Securities in such registration, any underwriter participating in any distribution
pursuant to such registration, and any attorney, accountant or other agent retained by such Holder or underwriter, all financial and other
records, pertinent corporate documents and properties of the Company, as such parties may reasonably request, and cause the Company’s
officers, directors and employees to supply all information reasonably requested by any such Holder, underwriter, attorney, accountant
or agent in connection with such Registration Statement;

 

(k)            use
its reasonable best efforts to register or qualify, and cooperate with the Holders of Registrable Securities covered by such Registration
Statement, the underwriters, if any, and their respective counsel, in connection with the registration or qualification of such Registrable
Securities for offer and sale under the “Blue Sky” or securities laws of each state and other jurisdiction of the United States
as any such Holder or underwriters, if any, or their respective counsel reasonably request in writing, and do any and all other things
reasonably necessary or advisable to keep such registration or qualification in effect for such period as required by Section 5.2(b) and
Section 5.2(c), as applicable; provided, that the Company shall not be required to qualify generally to do business
in any jurisdiction where it is not then so qualified or take any action which would subject it to taxation service of process in any
such jurisdiction where it is not then so subject;

 

(l)            obtain
for delivery to the Holders of Registrable Securities covered by such Registration Statement and to the underwriters, if any, an opinion
or opinions from counsel for the Company, dated the effective date of the Registration Statement or, in the event of an underwritten offering,
the date of the closing under the underwriting agreement, in customary form, scope and substance, which opinions shall be reasonably satisfactory
to such holders or underwriters, as the case may be, and their respective counsel;

 

(m)           in
the case of an underwritten offering, obtain for delivery to the Company and the underwriters, with copies to the Holders of Registrable
Securities included in such registration, a cold comfort letter from the Company’s independent certified public accountants in customary
form and covering such matters of the type customarily covered by cold comfort letters as the managing underwriter or underwriters reasonably
request, dated the date of execution of the underwriting agreement and brought down to the closing under the underwriting agreement;

 

(n)            use
its reasonable best efforts to list the Registrable Securities that are covered by such Registration Statement with any securities exchange
or automated quotation system on which the Securities are then listed;

 

(o)            provide
and cause to be maintained a transfer agent and registrar for all Registrable Securities covered by the applicable Registration Statement
from and after a date not later than the effective date of such Registration Statement;

 

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(p)           cooperate
with Holders including Registrable Securities in such registration and the managing underwriters, if any, to facilitate the timely preparation
and delivery of certificates representing Registrable Securities to be sold, such certificates to be in such denominations and registered
in such names as such Holders or the managing underwriters may request at least two (2) Business Days prior to any sale of Registrable
Securities;

 

(q)           use
its reasonable best efforts to comply with all applicable securities laws and make available to its Holders, as soon as reasonably practicable,
an earnings statement satisfying the provisions of section 11(a) of the Securities Act and the rules and regulations promulgated
thereunder; and

 

(r)            in
the case of an underwritten offering, cause the senior executive officers of the Company to participate in the customary “road show”
presentations that may be reasonably requested by the underwriters and otherwise to facilitate, cooperate with and participate in each
proposed offering contemplated herein and customary selling efforts related thereto.

 

Section 5.7.     Indemnification.

 

(a)            The
Company will, and does hereby undertake to, indemnify and hold harmless each Holder of Registrable Securities and each of such Holder’s
officers, directors, trustees, employees, partners, managers, members, equityholders, beneficiaries, affiliates and agents and each Person,
if any, who controls such Holder, within the meaning of either section 15 of the Securities Act or section 20 of the Exchange Act, with
respect to any registration, qualification, compliance or sale effected pursuant to this Article IV, and each underwriter,
if any, and each Person who controls any underwriter, of the Registrable Securities held by or issuable to such Holder, against all claims,
losses, damages and liabilities (or actions in respect thereto) to which they may become subject under the Securities Act, the Exchange
Act, or other federal or state law arising out of or based on (i) any untrue statement (or alleged untrue statement) of a material
fact contained in any prospectus, offering circular, free writing prospectus or other similar document (including any related Registration
Statement, notification, or the like) incident to any such registration, qualification, compliance or sale effected pursuant to this Article IV,
or based on any omission (or alleged omission) to state therein a material fact required to be stated therein or necessary to make the
statements therein not misleading in light of the circumstances in which they were made, (ii) any violation or alleged violation
by the Company of any federal, state or common law rule or regulation applicable to the Company in connection with any such registration,
qualification, compliance or sale, or (iii) any failure to register or qualify Registrable Securities in any state where the Company
or its agents have affirmatively undertaken or agreed in writing (including pursuant to Section 5.6(k)) that the Company (the
undertaking of any underwriter being attributed to the Company) will undertake such registration or qualification on behalf of the Holders
of such Registrable Securities (provided, that in such instance the Company shall not be so liable if it has undertaken its reasonable
best efforts to so register or qualify such Registrable Securities) and will reimburse, as incurred, each such Holder, each such underwriter
and each such director, officer, trustee, employee, partner, manager, member, equityholder, beneficiary, affiliate, agent and controlling
person, for any legal and any other expenses reasonably incurred in connection with investigating or defending any such claim, loss, damage,
liability or action; provided, that the Company will not be liable in any such case to the extent that any such claim, loss, damage,
liability or expense arises out of or is based on any untrue statement or omission made in reliance and in conformity with written information
furnished to the Company by such Holder or underwriter expressly for use therein.

 

    23 

     

    

 

(b)            Each
Holder (if Registrable Securities held by or issuable to such Holder are included in such registration, qualification, compliance or sale
pursuant to this Article IV) does hereby undertake to indemnify and hold harmless, severally and not jointly, the Company,
each of its officers, directors, employees, equityholders, affiliates and agents and each Person, if any, who controls the Company within
the meaning of either section 15 of the Securities Act or section 20 of the Exchange Act, each underwriter, if any, and each Person who
controls any underwriter, of the Company’s securities covered by such a Registration Statement, and each other Holder, each of such
other Holder’s officers, directors, employees, partners, equityholders, affiliates and agents and each Person, if any, who controls
such Holder within the meaning of either section 15 of the Securities Act or section 20 of the Exchange Act, against all claims, losses,
damages and liabilities (or actions in respect thereof) arising out of or based on any untrue statement (or alleged untrue statement)
of a material fact contained in any such Registration Statement, prospectus, offering circular, free writing prospectus or other document,
or any omission (or alleged omission) to state therein a material fact required to be stated therein or necessary to make the statements
therein not misleading in light of the circumstances in which they were made, and will reimburse, as incurred, the Company, each such
underwriter, each such other Holder, and each such officer, director, trustee, employee, partner, equityholder, beneficiary, affiliate,
agent and controlling person of the foregoing, for any legal or any other expenses reasonably incurred in connection with investigating
or defending any such claim, loss, damage, liability or action, in each case to the extent, but only to the extent, that such untrue statement
(or alleged untrue statement) or omission (or alleged omission) was made in such Registration Statement, prospectus, offering circular,
free writing prospectus or other document, in reliance upon and in conformity with written information furnished to the Company by such
Holder expressly for use therein; provided, however, that the aggregate liability of each Holder hereunder shall be limited
to the gross proceeds after underwriting discounts and commissions received by such Holder upon the sale of the Registrable Securities
giving rise to such indemnification obligation. It is understood and agreed that the indemnification obligations of each Holder pursuant
to any underwriting agreement entered into in connection with any Registration Statement shall be limited to the obligations contained
in this Section 5.7(b).

 

(c)            Each
party entitled to indemnification under this Section 5.7 (the “Indemnified Party”) shall give notice to
the party required to provide such indemnification (the “Indemnifying Party”) of any claim as to which indemnification
may be sought promptly after such Indemnified Party has actual knowledge thereof, and shall permit the Indemnifying Party to assume the
defense of any such claim or any litigation resulting therefrom; provided, that counsel for the Indemnifying Party, who shall conduct
the defense of such claim or litigation, shall be subject to approval by the Indemnified Party (whose approval shall not be unreasonably
withheld) and the Indemnified Party may participate in such defense at the Indemnifying Party’s expense if representation of such
Indemnified Party would be inappropriate due to actual or potential differing interests between such Indemnified Party and any other party
represented by such counsel in such proceeding; and provided, further, that the failure of any Indemnified Party to give
notice as provided herein shall not relieve the Indemnifying Party of its obligations under this Section 5.7, except to the
extent that such failure to give notice materially prejudices the Indemnifying Party in the defense of any such claim or any such litigation.
An Indemnifying Party, in the defense of any such claim or litigation, may, without the consent of each Indemnified Party, consent to
entry of any judgment or enter into any settlement that (i) includes as a term thereof the giving by the claimant or plaintiff therein
to such Indemnified Party of an unconditional release from all liability with respect to such claim or litigation and (ii) does not
include any recovery (including any statement as to or an admission of fault, culpability or a failure to act by or on behalf of such
Indemnified Party) other than monetary damages, and provided, that any sums payable in connection with such settlement are paid
in full by the Indemnifying Party.

 

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(d)            In
order to provide for just and equitable contribution in case indemnification is prohibited or limited by law, the Indemnifying Party,
in lieu of indemnifying such Indemnified Party, shall contribute to the amount paid or payable by such Indemnified Party as a result of
such losses, claims, damages or liabilities in such proportion as is appropriate to reflect the relative fault of the Indemnifying Party
and Indemnified Party in connection with the actions which resulted in such losses, claims, damages or liabilities, as well as any other
relevant equitable considerations. The relative fault of such Indemnifying Party and Indemnified Party shall be determined by reference
to, among other things, whether any action in question, including any untrue or alleged untrue statement of material fact or omission
or alleged omission to state a material fact, has been made by, or relates to information supplied by, such Indemnifying Party or Indemnified
Party, and such party’s relative intent, knowledge, access to information and opportunity to correct or prevent such actions; provided,
however, that, in any case, (i) no Holder will be required to contribute any amount in excess of the gross proceeds after
underwriting discounts and commissions received by such Holder upon the sale of the Registrable Securities giving rise to such contribution
obligation and (ii) no Person guilty of fraudulent misrepresentation (within the meaning of section 11(f) of the Securities
Act) will be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation.

 

(e)            The
indemnities provided in this Section 5.7 shall survive the transfer of any Registrable Securities by such Holder.

 

Section 5.8.       Information
by Holder. The Holder or Holders of Registrable Securities included in any registration shall furnish to the Company such information
regarding such Holder or Holders and the distribution proposed by such Holder or Holders as the Company may reasonably request in writing
and as shall be required in connection with any registration, qualification or compliance referred to in this Article V.

 

Section 5.9.       Transfer
of Registration Rights. The rights contained in Section 5.2, Section 5.3 and Section 5.4 hereof
to cause the Company to register the Registrable Securities may be assigned or otherwise conveyed by a Holder pursuant to a Transfer
permitted under Article IV.

 

Section 5.10.     Delay
of Registration. No Holder shall have any right to obtain, and hereby waives any right to seek, an injunction restraining or otherwise
delaying any such registration as the result of any controversy that might arise with respect to the interpretation or implementation
of this Article V.

 

Section 5.11.     Limitations
on Subsequent Registration Rights. From and after the date of this Agreement, the Company shall not, without the prior written consent
of the H&F Stockholders, enter into any agreement with any holder or prospective holder of any securities of the Company that would
allow such holder or prospective holder to (i) require the Company to effect a registration or (ii) include any securities
in any registration filed under Section 5.2, Section 5.3 and/or Section 5.4, unless, in each case,
under the terms of such agreement, such holder or prospective holder may include such securities in any such registration only to the
extent that the inclusion of such securities will not diminish the amount of Registrable Securities that are included in such registration.

 

Section 5.12.     Rule 144
Reporting. With a view to making available to the Holders the benefits of certain rules and regulations of the SEC that may
permit the sale of the Registrable Securities to the public without registration, the Company agrees to use its reasonable best efforts
to:

 

(a)            make
and keep current public information available, within the meaning of Rule 144 (or any similar or analogous rule) promulgated under
the Securities Act, at all times after it has become subject to the reporting requirements of the Exchange Act;

 

(b)            file
with the SEC, in a timely manner, all reports and other documents required of the Company under the Securities Act and Exchange Act (after
it has become subject to such reporting requirements); and

 

    25 

     

    

 

(c)            so
long as a Holder owns any Registrable Securities, furnish to such Holder forthwith upon request a written statement by the Company as
to its compliance with the reporting requirements of Rule 144 under the Securities Act (at any time commencing ninety (90) days after
the effective date of the first registration filed by the Company for an offering of its securities to the general public), the Securities
Act and the Exchange Act (at any time after it has become subject to such reporting requirements); a copy of the most recent annual or
quarterly report of the Company; and such other reports and documents as a Holder may reasonably request in availing itself of any rule or
regulation of the SEC allowing it to sell any such securities without registration.

 

Section 5.13.     “Market
Stand Off” Agreement. Notwithstanding anything herein to the contrary, the Company and each Holder hereby agrees, and the Company
agrees to cause its directors and executive officers to agree that, during the period beginning ten (10) days before the effective
date of a Registration Statement of the Company filed in connection with an Initial Public Offering, and ending not more than one hundred
eighty (180) days thereafter, with respect to any underwritten offering following an Initial Public Offering (including any Underwritten
Shelf Take-Down), (x) from and after the effective date of a Registration Statement of the Company filed under the Securities Act
in connection with such underwritten offering or (y) in the case of an Underwritten Shelf Take-Down off of a Registration Statement
filed not in connection with such underwritten offering, during the period from and after the date of the filing of, or after the date
of effectiveness of, a preliminary prospectus or prospectus supplement relating to such offering (or if there is no such filing, from
and after the first contemporaneous press release announcing commencement of such Underwritten Shelf Take-Down), and ending on such date
thereafter as the H&F Initiating Holder that has initiated such underwritten offering (in the case of clause (x)) or such Underwritten
Shelf Take-Down (in the case of clause (y)) may agree to with the underwriter or underwriters of such underwritten offering (which period
shall in no event exceed ninety (90) days), it and its Affiliates shall not, to the extent requested by the Company and/or any underwriter,
sell, pledge, hypothecate, transfer, make any short sale of, loan, grant any option or right to purchase of, or otherwise transfer or
dispose of (other than to donees who agree to be similarly bound) any Securities held by it at any time during such period, except Securities
included in such registration. The Company and each applicable Holder shall, and the Company agrees to cause its directors and executive
officers to, deliver to the underwriter or underwriters of any offering to which this Section 5.13 is applicable a customary
agreement reflecting its agreement set forth in this Section 5.13.

 

Section 5.14.     Termination
of Registration Rights. The rights of any particular Holder to cause the Company to register securities under Section 5.2,
Section 5.3 or Section 5.4 shall terminate as to such Holder on the date that such Holder, together with its
Affiliates and Permitted Assignees, beneficially owns (excluding any securities covered by clause (b) of the proviso set forth in
the definition of “Registrable Securities”) less than one percent (1%) of the Securities that are outstanding at such time
and such Holder is able to dispose of all of its Registrable Securities in any 90 day period pursuant to Rule 144 or 145 (or any
similar or analogous rule) promulgated under the Securities Act.

 

Section 5.15.     Other
Obligations. In connection with a Transfer of Registrable Securities exempt from Section 5 of the Securities Act or through
any broker-dealer transactions described in the plan of distribution set forth within a prospectus related to the Shelf Registration
Statement of which such prospectus forms a part, the Company shall, subject to applicable Law, as interpreted by the Company with the
advice of counsel, and the receipt of any customary documentation required from the applicable Stockholders in connection therewith,
(a) promptly instruct its transfer agent to remove any restrictive legends applicable to the Registrable Securities being Transferred
and (b) cause its legal counsel to deliver the necessary legal opinions, if any, to the transfer agent in connection with the instruction
under clause (a). In addition, the Company shall cooperate reasonably with, and take such customary actions as may reasonably be requested
by the Stockholders, in connection with the aforementioned Transfers.

 

    26 

     

    

 

 

Article VI

 

ADDITIONAL
AGREEMENTS OF THE PARTIES

 

Section 6.1.           Further
Assurances. From time to time, at the reasonable request of the Company or the H&F Stockholders and without further consideration,
each party hereto shall execute and deliver such additional documents and take all such further action as may be necessary or appropriate
to consummate and make effective, in the most expeditious manner practicable, the transactions contemplated by this Agreement.

 

Section 6.2.           Other
Businesses; Waiver of Certain Duties.

 

(a)            The
parties expressly acknowledge and agree that to the fullest extent permitted by applicable law, each of the H&F Stockholders (including
(x) their respective Affiliates, (y) any portfolio company in which they or any of their respective Affiliates have made an
investment and (z) any of their respective limited partners, non-managing members or other similar direct or indirect investors)
and the directors of the Company or any of its Subsidiaries appointed by any of the H&F Stockholders:

 

(i)           have
the right to, and shall have no duty (fiduciary, contractual or otherwise) not to, directly or indirectly engage in and possess interests
in other business ventures of every type and description, including those engaged in the same or similar business activities or lines
of business as the Company or any of its Subsidiaries or deemed to be competing with the Company or any of its Subsidiaries, on its own
account, or in partnership with, or as an employee, officer, director or shareholder of any other Person, with no obligation to offer
to the Company or any of its Subsidiaries or any Stockholder of the Company or any of its Subsidiaries the right to participate therein;

 

(ii)          may
invest in, or provide services to, any Person that directly or indirectly competes with the Company or any of its Subsidiaries; and

 

(iii)         shall
have no duty (fiduciary, contractual or otherwise) to communicate or present any knowledge of a potential transaction or matter that
may be a corporate or other business opportunity for the Company or any of its Subsidiaries to the Company or any of its Subsidiaries
or any Stockholder of the Company or any of its Subsidiaries, and, notwithstanding any provision of this Agreement to the contrary, shall
not be liable to the Company or any of its Subsidiaries or any Stockholder of the Company or any of its Subsidiaries (or their respective
Affiliates) for breach of any duty (fiduciary, contractual or otherwise) by reason of the fact that such Person, directly or indirectly,
pursues or acquires such opportunity for itself, directs such opportunity to another Person or does not present such opportunity to the
Company or any of its Subsidiaries or any Stockholder of the Company or any of its Subsidiaries (or their respective Affiliates).

 

For the avoidance of doubt, the parties acknowledge that this paragraph
is intended to disclaim and renounce, to the fullest extent permitted by applicable law, any right of the Company or any of its Subsidiaries
with respect to the matters set forth herein, and this paragraph shall be construed to effect such disclaimer and renunciation to the
fullest extent permitted by law.

 

(b)           The
provisions of this Section 6.2, to the extent that they restrict the duties and liabilities of any of the H&F Stockholders
or any director of the Company appointed by any of the H&F Stockholders otherwise existing at law or in equity, are agreed by the
parties hereto to replace such other duties and liabilities of the H&F Stockholders or any such director of the Company appointed
by any of the H&F Stockholders to the fullest extent permitted by applicable law.

 

    27 

     

    

 

Section 6.3.           Legends
on Securities.

 

(a)            Each
certificate (or book entry share) evidencing Securities owned by a Stockholder and which are subject to the terms of this Agreement shall
bear (or be subject to in the case of book entry shares) a legend substantially in the following form:

 

THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR UNDER STATE SECURITIES LAWS. THESE SECURITIES MAY NOT BE RESOLD
OR TRANSFERRED UNLESS REGISTERED OR EXEMPT FROM REGISTRATION UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS.

 

IN ADDITION, THE SECURITIES REPRESENTED BY THIS CERTIFICATE
ARE SUBJECT TO THE TERMS OF A STOCKHOLDERS AGREEMENT, DATED AS OF                , 2021 (AS MAY BE AMENDED, RESTATED, MODIFIED OR SUPPLEMENTED
FROM TIME TO TIME), AND MAY NOT BE VOTED, SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF EXCEPT IN ACCORDANCE WITH SUCH AGREEMENT.

 

In the event that any such Securities shall cease to be SEC Restricted
Securities and such Securities shall continue to be represented by certificates (or be in book entry form), the Company shall, upon the
written request of the holder thereof, issue to such holder a new certificate (or book entry share) representing such Securities without
the first paragraph of the legend required by this Section 6.3. In the event that any Securities so represented by certificates
(or in book entry form) shall cease to be subject to the restrictions on transfer set forth in this Agreement and such Securities shall
continue to be represented by certificates (or be in book entry form), the Company shall, upon the request of the holder thereof, issue
to such holder a new certificate (or book entry share) representing such Securities without the second paragraph of the legend required
by this Section 6.3.

 

(b)           To
the extent any SEC Restricted Securities hereafter issued, whether upon transfer or original issue, are to be represented by certificates
(or in book entry form), all such SEC Restricted Securities shall be endorsed with a like legend.

 

Section 6.4.           Reimbursement.

 

(a)            The
Company, will, and will cause its Subsidiaries to, pay directly or reimburse, or cause to be paid directly or reimbursed, the H&F
Stockholders and each of their respective Affiliates the actual and reasonable out-of-pocket costs and expenses incurred by the H&F
Stockholders and their respective Affiliates in connection with their investment in the Company, including (i) fees and actual and
reasonable out-of-pocket disbursements of any independent professionals and organizations, including independent accountants, outside
legal counsel or consultants retained by such H&F Stockholders or any of their Affiliates, (ii) reasonable costs of any outside
services or independent contractors such as financial printers, couriers, business publications, on-line financial services or similar
services, retained or used by such H&F Stockholders or any of their respective Affiliates, (iii) any actual and reasonable out-of-pocket
costs and expenses incurred by the H&F Stockholders and their Affiliates in connection with the provision of any personnel or services
to the Company or its Subsidiaries, and (iv) transportation, word processing expenses or any similar expense not associated with
their or their Affiliates’ ordinary operations.

 

    28 

     

    

 

(b)           For
the avoidance of doubt, no Stockholder or its Affiliates will receive any monitoring, transaction or similar fee from the Company or
any of its Subsidiaries.

 

(c)            All
payments or reimbursement for such expenses will be made by wire transfer in same-day funds to the bank account designated by such H&F
Stockholders or its relevant Affiliate promptly upon or as soon as practicable following request for reimbursement.

 

(d)           Directors
shall be reimbursed by the Company or a Subsidiary of the Company for all actual and reasonable out-of-pocket costs and expenses incurred
by them in connection with their service on the Board (including accommodation and travel costs (which in the case of air travel shall
be limited to travel by commercial airlines; provided, that if a director of the Board elects to travel by private aircraft for
a particular trip, the amount reimbursed shall not exceed the amount of a first-class flight for an equivalent trip)). In the case of
a director who is also an employee of the Company or any Subsidiary, the foregoing expense reimbursement shall not include any costs
and expenses incurred by such director with respect to entering into an employment, equity, award, grant or other arrangements with the
Company or any Subsidiary, except as otherwise agreed to in writing between the Company (and approved in advance by the Board) and any
such director. In the case of any director who is a partner or employee of any Affiliate of the H&F Stockholders, such reimbursement
may be paid to any of the H&F Stockholders or their Affiliate.

 

Article VII

 

ADDITIONAL
PARTIES

 

Section 7.1.           Additional
Parties. Additional parties may be added to and be bound by and receive the benefits and be subject to the obligations provided by
this Agreement upon the signing and delivery of a counterpart of this Agreement or a Joinder Agreement (and, if applicable a Consent
of Spouse) to the Company and the acceptance thereof by such additional parties and, to the extent permitted by Section 7.1,
amendments may be effected to this Agreement reflecting such rights and obligations, consistent with the terms of this Agreement, of
such Stockholder as the Company and such Stockholder may agree. In the case of execution of a counterpart of this Agreement as opposed
to a joinder hereto, promptly after signing and delivering such a counterpart of this Agreement, the Company will deliver a conformed
copy thereof to all of the parties.

 

Article VIII

 

INDEMNIFICATION

 

Section 8.1.           Indemnification.

 

(a)            To
the fullest extent permitted by law, the Company shall, and shall cause its Controlled Entities to, indemnify and hold harmless each
Covered Person and each former Covered Person from and against any and all losses, claims, demands, liabilities, expenses, judgments,
fines, settlements and other amounts arising from any and all claims, demands, actions, suits or proceedings, civil, criminal, administrative
or investigative (collectively, “Claims”), by reason of the fact that he or she, his or her testator or intestate
is or was a director or officer of the Company, any of its Controlled Entities or any of their respective predecessors or serves or served
at any other enterprise as a director, officer, partner, shareholder, member or manager at the request of the Company, any of its Controlled
Entities or any of their respective processors (an “Indemnitee”) and, upon request of such Indemnitee, the Company
shall, and shall cause its Controlled Entities to, advance expenses to such Indemnitee in connection with any such Claim (subject to
such Indemnitee providing an undertaking to repay such advances if it is ultimately determined that such individual is not entitled to
indemnification); provided, that the foregoing indemnification shall not apply to (i) any Claim with respect to which a court
of competent jurisdiction has determined that such Indemnitee has engaged in fraud, willful misconduct, bad faith or gross negligence,
(ii) any Claim initiated by such Indemnitee unless such Claim (or part thereof) (A) was brought to enforce such Indemnitee’s
rights to indemnification hereunder or (B) was authorized or consented to by the Board or (iii) any Claims from any transaction
from which such Indemnitee derived an improper personal benefit.

 

    29 

     

    

 

(b)           The
Company acknowledges and agrees that the Company shall, and to the extent applicable shall cause its Controlled Entities to, be fully
and primarily responsible for the payment to the Indemnitee in respect of indemnified liabilities in connection with any Jointly Indemnifiable
Claims (as defined below), pursuant to and in accordance with (as applicable) the terms of (i) in the case of the Company and any
Controlled Entities that are Delaware corporations, the Delaware General Corporation Law, as amended; in the case of any Controlled Entities
that are Delaware limited partnerships, the Delaware Revised Uniform Limited Partnership Act, as amended; in the case of any Controlled
Entities that are Delaware limited liability companies, the Delaware Limited Liability Company Act, as amended, (ii) this Agreement
and the certificate of incorporation and bylaws of the Company, (iii) any director indemnification agreement, (iv) any other
agreement between the Company or any of its Controlled Entities and the Indemnitee pursuant to which the Indemnitee is indemnified, (v) the
laws of the jurisdiction of incorporation or organization of the Company or any Controlled Entity and/or (vi) the certificate of
incorporation, certificate of organization, bylaws, partnership agreement, operating agreement, certificate of formation, certificate
of limited partnership or other organizational or governing documents of any Controlled Entity ((i) through (vi) collectively,
the “Indemnification Sources”), irrespective of any right of recovery the Indemnitee may have from any corporation,
limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise (other than the Company, any
Controlled Entity or the insurer under and pursuant to an insurance policy of the Company or any Controlled Entity) from whom an Indemnitee
may be entitled to indemnification with respect to which, in whole or in part, the Company or any Controlled Entity may also have an
indemnification obligation (collectively, the “Indemnitee-Related Entities”). Under no circumstance shall the Company
or any Controlled Entity be entitled to any right of subrogation or contribution by the Indemnitee-Related Entities and no right of advancement
or recovery the Indemnitee may have from the Indemnitee-Related Entities shall reduce or otherwise alter the rights of the Indemnitee
or the obligations of the Company or any Controlled Entity under the Indemnification Sources. In the event that any of the Indemnitee-Related
Entities shall make any payment to the Indemnitee in respect of indemnification with respect to any Jointly Indemnifiable Claim, (x) the
Company shall, and to the extent applicable shall cause the Controlled Entities to, reimburse the Indemnitee-Related Entity making such
payment to the extent of such payment promptly upon written demand from such Indemnitee-Related Entity, (y) to the extent not previously
and fully reimbursed by the Company and/or any Controlled Entity pursuant to clause (x), the Indemnitee-Related Entity making such payment
shall be subrogated to the extent of the outstanding balance of such payment to all of the rights of recovery of the Indemnitee against
the Company and/or any Controlled Entity, as applicable, and (z) Indemnitee shall execute all papers reasonably required and shall
do all things that may be reasonably necessary to secure such rights, including the execution of such documents as may be necessary to
enable the Indemnitee-Related Entities effectively to bring suit to enforce such rights. The Company and the Indemnitees agree that each
of the Indemnitee-Related Entities shall be third-party beneficiaries with respect to this Section 8.1(b), entitled to enforce
this Section 8.1(b) as though each such Indemnitee-Related Entity were a party to this Agreement. The Company shall
cause each of the Controlled Entities to perform the terms and obligations of this Section 8.1(b) as though each such
Controlled Entity was a party to this Agreement. For purposes of this Section 8.1(b), the term “Jointly Indemnifiable
Claims” shall be broadly construed and shall include, without limitation, any indemnified liabilities for which the Indemnitee
shall be entitled to indemnification from both (1) the Company and/or any Controlled Entity pursuant to the Indemnification Sources,
on the one hand, and (2) any Indemnitee-Related Entity pursuant to any other agreement between any Indemnitee-Related Entity and
the Indemnitee pursuant to which the Indemnitee is indemnified, the laws of the jurisdiction of incorporation or organization of any
Indemnitee-Related Entity and/or the certificate of incorporation, certificate of organization, bylaws, partnership agreement, operating
agreement, certificate of formation, certificate of limited partnership or other organizational or governing documents of any Indemnitee-Related
Entity, on the other hand.

 

    30 

     

    

 

(c)            Neither
any amendment nor repeal of this Section 8.1, nor the adoption of any provision of this Agreement inconsistent with this
Section 8.1, shall eliminate or reduce the effect of this Section 8.1 in respect of any matter occurring, or
any action or proceeding accruing or arising or that, but for this Section 8.1, would accrue or arise, prior to such amendment,
repeal or adoption of an inconsistent provision.

 

(d)           The
rights of any Indemnitee to indemnification pursuant to this Section 8.1 will be in addition to any other rights any such
Person may have under any other Section of this Agreement or any other agreement or instrument to which such Indemnitee is or becomes
a party or is or otherwise becomes a beneficiary or under law or regulation or under the certificate of limited partnership, limited
partnership agreement, certificate of incorporation or bylaws (or equivalent governing documents) of the Company or any of its Subsidiaries.

 

Section 8.2.           Insurance.
The Company shall maintain in effect at all times directors’ and officers’ liability insurance reasonably satisfactory to
the Board.

 

Article IX

 

MISCELLANEOUS

 

Section 9.1.           Entire
Agreement; Third Party Beneficiaries. This Agreement (including any exhibits hereto) and the other documents and agreements referred
to herein and therein (including any agreement pursuant to which any Security was granted or issued) constitute the entire understanding
and agreement among the parties hereto as to restrictions on the transferability of Securities and the other matters covered herein and
therein and supersedes and replaces any prior understanding, agreement or statement of intent, in each case, written or oral, of any
and every nature with respect thereto. In the event of any inconsistency between this Agreement and any document executed or delivered
to effect the purposes of this Agreement, this Agreement shall govern as among the parties hereto. Except for Section 8.1
and Article VII (which will also be for the benefit of the applicable Persons set forth therein that are not parties to this
Agreement, and any such Person will have the rights provided for therein), this Agreement does not create any rights, claims or benefits
inuring to any Person that is not a party hereto, and it does not create or establish any third party beneficiary hereto.

 

Section 9.2.           Specific
Performance. Subject to Section 5.10, the parties hereto agree that the obligations imposed on them in this Agreement
are special, unique and of an extraordinary character, and that, in the event of breach by any party, damages would not be an adequate
remedy and each of the other parties shall be entitled to specific performance and injunctive and other equitable relief in addition
to any other remedy to which it may be entitled, at law or in equity. The parties hereto further agree to waive any requirement for the
securing or posting of any bond in connection with the obtaining of any such injunctive or other equitable relief.

 

    31 

     

    

 

Section 9.3.           Governing
Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware applicable to contracts
entered into and performed entirely within such State.

 

Section 9.4.           Submission
to Jurisdiction.

 

(a)            Each
of the parties hereto hereby irrevocably acknowledges and consents that any legal action or proceeding brought with respect to any of
the obligations arising under or relating to this Agreement may be brought in the courts of the State of Delaware or in the United States
District Court for the District of Delaware and each of the parties hereto hereby irrevocably submits to and accepts with regard to any
such action or proceeding, for itself and in respect of its property, generally and unconditionally, the exclusive jurisdiction of the
aforesaid courts. Each party hereby further irrevocably waives any claim that any such courts lack jurisdiction over such party, and
agrees not to plead or claim, in any legal action or proceeding with respect to this Agreement or the transactions contemplated hereby
brought in any of the aforesaid courts, that any such court lacks jurisdiction over such party. Each party irrevocably consents to the
service of process in any such action or proceeding by the mailing of copies thereof by registered or certified mail, postage prepaid,
to such party, at its address for notices as provided in Section 9.12 of this Agreement, such service to become effective
ten (10) days after such mailing. Each party hereby irrevocably waives any objection to such service of process and further irrevocably
waives and agrees not to plead or claim in any action or proceeding commenced hereunder or under any other documents contemplated hereby
that service of process was in any way invalid or ineffective. Subject to Section 9.4(b), the foregoing shall not limit the
rights of any party to serve process in any other manner permitted by applicable law. The foregoing consents to jurisdiction shall not
constitute general consents to service of process in the State of Delaware for any purpose except as provided above and shall not be
deemed to confer rights on any Person other than the respective parties to this Agreement.

 

(b)           Each
of the parties hereto hereby waives any right it may have under the laws of any jurisdiction to commence by publication any legal action
or proceeding with respect to this Agreement. To the fullest extent permitted by applicable law, each of the parties hereto hereby irrevocably
waives the objection which it may now or hereafter have to the laying of the venue of any suit, action or proceeding arising out of or
relating to this Agreement in any of the courts referred to in Section 9.4(a) and hereby further irrevocably waives
and agrees not to plead or claim that any such court is not a convenient forum for any such suit, action or proceeding.

 

(c)            The
parties hereto agree that any judgment obtained by any party hereto or its successors or assigns in any action, suit or proceeding referred
to above may, in the discretion of such party (or its successors or assigns), be enforced in any jurisdiction, to the extent permitted
by applicable law.

 

Section 9.5.           Obligations.
All obligations hereunder shall be satisfied in full without set-off, defense or counterclaim.

 

Section 9.6.           Consents,
Approvals and Actions. If any consent, approval or action of the H&F Stockholders is required at any time pursuant to this Agreement,
such consent, approval or action shall be deemed given if the holders of a majority of the outstanding Shares held by the H&F Stockholders
at such time provide such consent, approval or action in writing at such time.

 

    32 

     

    

 

Section 9.7.           Amendments.

 

(a)            This
Agreement may be amended, restated, modified or waived, in whole or in part, at any time pursuant to an agreement in writing executed
by the Company and the H&F Stockholders; provided, that, subject to Section 9.7(b) below:

 

(i)           any
amendment, restatement, modification or waiver of this Agreement shall also require the Employee Stockholders Approval if such amendment
or modification would materially and adversely affect the Employee Stockholders without similarly and proportionately adversely affecting
all Stockholders similarly situated; provided, that the Employee Stockholders Approval shall not be required to amend or modify
any of the following sections unless such amendment or modification would adversely affect the Employee Stockholders: Section 4.2(b) or
Section 4.3 (Restrictions on Transfer), Article V (Registration Rights) or this Section 9.7 (Amendments)
(in each case including the definitions used therein);

 

(ii)          no
such amendment, restatement, modification or waiver requiring the Employee Stockholders Approval pursuant to clause (i) shall be
effective as to a particular Employee Stockholder if such amendment or modification would materially and adversely affect such Employee
Stockholder without similarly and proportionately adversely affecting all Employee Stockholders similarly situated, unless such Employee
Stockholder has voted in favor thereof;

 

(iii)         in
the event the H&F Stockholders no longer hold any Shares, this Agreement may be amended, restated, modified or waived with the written
consent of (A) the Company and (B) the Stockholders holding a majority of the Shares held by the Stockholders; and

 

(iv)         notwithstanding
anything herein to the contrary, including this Section 9.7(a), any amendment, restatement, modification or waiver that has
the effect of adversely affecting the rights of the H&F Stockholders under Section 3.1 (Board of Directors), Article V
(Registration Rights), Section 6.2 (Other Businesses; Waiver of Certain Duties), Section 6.4 (Reimbursement), Article VIII
(Indemnification), Section 9.6 (Consents, Approvals and Actions), Section 9.11 (Termination; Effect of Termination),
Section 9.14 (Aggregation of Securities), Section 9.15 (No Third Party Liabilities), Section 9.16
(Independent Nature of Stockholders’ Obligations and Rights), Section 9.19 (Logo) or this Section 9.7 (Amendments)
shall, in each case, require the prior written consent of the H&F Stockholders.

 

(b)           Notwithstanding
anything to the contrary in Section 9.7(a), in addition to other amendments or modifications authorized herein, amendments
or modifications may be made to this Agreement from time to time by the Company and the H&F Stockholders without the consent of any
other Stockholder or group of Stockholders, (i) to correct typographical or ministerial errors, (ii) to add or delete any provision
of this Agreement required to be added or deleted in order to comply with, or avoid a violation of, applicable law, (iii) in connection
with the admission of any Person as an additional Stockholder, to provide such Persons with (w) the right to nominate one or more
directors to the Board, (x) consent or other protective rights with respect to potential actions by the Company and/or its Subsidiaries
(and the grant of such rights to the H&F Stockholders) and (y) the pro rata right to participate in (or be subject to
or receive) the rights set forth in Article V and/or Section 9.7 of this Agreement; (iv) to fix for any
new class or series of Securities such voting powers, distinctive designations, preferences and relative, participating, optional or
other special rights and such qualifications, limitations or restrictions thereof, as shall be stated and expressed in such amendment;
and (v) to cure any ambiguity or correct or supplement any provision of this Agreement that may be incomplete or inconsistent with
any other provision contained in this Agreement; provided, that such amendment does not materially and adversely affect any Stockholder
without similarly and proportionately adversely affecting all Stockholders similarly situated, unless such Stockholder has voted in favor
thereof.

 

    33 

     

    

 

Section 9.8.          Assignment
of Rights by the H&F Stockholders. Notwithstanding anything in this Agreement to the contrary, the H&F Stockholders shall
have the right to assign any or all of their rights under this Agreement to any Person or Persons to whom an H&F Stockholder or transfers
Securities in compliance with Article IV.

 

Section 9.9.           Subsequent
Acquisition of Securities. Any Securities acquired subsequent to the date hereof by a Stockholder shall be subject to the terms and
conditions of this Agreement and such securities shall be considered to be “Shares”, “Securities” and/or “Share
Equivalents,” as applicable, as such terms are used herein for purposes of this Agreement.

 

Section 9.10.         Binding
Effect. Except as otherwise expressly provided herein, the provisions hereof shall inure to the benefit of, and be binding upon,
the parties’ successors and permitted assigns.

 

Section 9.11.         Termination;
Effect of Termination. Subject to the last sentence of this Section 9.11, the rights and obligations of a Stockholder
shall automatically terminate without any further action upon from and after such time as such Stockholder no longer owns Securities.
This Agreement shall terminate automatically upon the earliest to occur of (i) such time that the H&F Stockholders collectively
no longer own any Securities, (ii) the written consent of the H&F Stockholders and the holders of a majority of the issued and
outstanding Securities held by the Non-H&F Stockholders and (iii) the dissolution or liquidation of the Company. This Article IX,
Section 5.7, Section 6.2, Section 6.4 (until all applicable fees, costs and/or expenses have been paid
or reimbursed by the Company) and Article VIII shall survive any termination of this Agreement, and any termination of rights
and obligations of a Stockholder, in each case pursuant to this Section 9.11.

 

Section 9.12.         Notices.

 

(a)         Any
and all notices, consents, designations, offers, acceptances or other communications required, or contemplated under, or otherwise provided
for, herein shall be given in writing unless otherwise specified herein, by personal delivery or email, or overnight delivery service,
which shall be addressed, in the case of the Company to the address set forth below, and, in the case of any Stockholder, (x) to
such Stockholder’s address appearing on the signature page of such Stockholder to this Agreement or appearing in the Joinder
Agreement entered into by such Stockholder, (y) to such party’s address appearing in the books of the Company and/or (z) such
other address as may be designated by such party in writing to the Company.

 

    34 

     

    

 

If to the Company, to:

 

Snap One Holdings Corp.

1800 Continental Blvd, Suite 300

Charlotte, NC 28273

Attn:     [

 

]

Email:    [

 

]

 

with a copy (which shall not constitute actual or constructive
notice) to:

 

Simpson Thacher & Bartlett LLP

2475 Hanover Street

Palo Alto, California 94304

Attn:     [

 

]

Email:    [

 

]

 

(b)           Any
demand, notice or other communication given by personal delivery shall be conclusively deemed to have been given on the day of actual
delivery thereof (with confirmation of receipt), and, if given by email, subject to receipt of non-automated confirmation of receipt,
on the day of transmittal thereof if given during the normal business hours of the recipient, and on the Business Day during which such
normal business hours next occur if not given during such hours on any day, and one (1) Business Day after sending if by overnight
delivery service.

 

(c)            Each
party shall have the right to change its address set forth in the books and records maintained by the Company by delivering notice complying
with the foregoing provisions of this Section 9.12 to the Company.

 

Section 9.13.         Severability.
If any portion of this Agreement shall be declared void or unenforceable by any court or administrative body of competent jurisdiction,
such portion shall be deemed severable from the remainder of this Agreement, which shall continue in all respects valid and enforceable.

 

Section 9.14.         Aggregation
of Securities. All Securities beneficially owned by the H&F Stockholders shall be aggregated together for purposes of determining
the rights or obligations of any member of the H&F Stockholders or the application of any restrictions to any member of H&F Stockholders
under this Agreement in each instance in which such right, obligation or restriction is determined by any ownership threshold.

 

Section 9.15.         No
Third Party Liabilities. This Agreement may only be enforced against the named parties hereto. All claims or causes of action (whether
in contract or tort) that may be based upon, arise out of or relate to any of this Agreement, or the negotiation, execution or performance
of this Agreement (including any representation or warranty made in or in connection with this Agreement or as an inducement to enter
into this Agreement), may be made only against the entities that are expressly identified as parties hereto, as applicable; and no past,
present or future director, officer, employee, incorporator, member, partner, stockholder, Affiliate, portfolio company in which any
such party or any of its investment fund Affiliates have made a debt or equity investment (and vice versa), agent, attorney or representative
of any party hereto (including any Person negotiating or executing this Agreement on behalf of a party hereto), unless a party to this
Agreement, shall have any liability or obligation with respect to this Agreement or with respect any claim or cause of action (whether
in contract or tort) that may arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement
(including a representation or warranty made in or in connection with this Agreement or as an inducement to enter into this Agreement).

 

    35 

     

    

 

Section 9.16.         Independent
Nature of Stockholders’ Obligations and Rights. Each Stockholder and the Company agrees that the arrangements contemplated
by this Agreement are not intended to constitute the formation of a “group” (as defined in section 13(d)(3) of the Exchange
Act). Each Stockholder agrees that, for purposes of determining beneficial ownership of such Stockholder, it shall disclaim any beneficial
ownership by virtue of this Agreement of the Shares owned by the other Stockholders (other than, in the case of the H&F Stockholders,
as amongst the Stockholders within such defined group), and the Company agrees to recognize any such disclaimer in its Exchange Act and
Securities Act reports. The obligations of each Stockholder under this Agreement are several and not joint with the obligations of any
other Stockholder, and no Stockholder shall be responsible in any way for the performance of the obligations of any other Stockholder
under this Agreement. Nothing contained herein, and no action taken by any Stockholder pursuant hereto, shall be deemed to constitute
the Stockholders as, and the Company acknowledges that the Stockholders do not so constitute, a partnership, an association, a joint
venture or any other kind of group or entity, or create a presumption that the Stockholders are in any way acting in concert or as a
group or entity with respect to such obligations or the transactions contemplated by this Agreement and the Company acknowledges that
the Stockholders are not acting in concert or as a group, and the Company shall not assert any such claim, in each case, with respect
to such obligations or the transactions contemplated by this Agreement. The decision of each Stockholder to enter into this Agreement
has been made by such Stockholder independently of any other Stockholder. Each Stockholder acknowledges that no other Stockholder has
acted as agent for such Stockholder in connection with such Stockholder making its investment in the Company and that no other Stockholder
will be acting as agent of such Stockholder in connection with monitoring such Stockholder’s investment in the Shares or enforcing
its rights under this Agreement. The Company and each Stockholder confirms that each Stockholder has had the opportunity to independently
participate with the Company and its subsidiaries in the negotiation of the transaction contemplated hereby with the advice of its own
counsel and advisors. Each Stockholder shall be entitled to independently protect and enforce its rights, including, without limitation,
the rights arising out of this Agreement, and it shall not be necessary for any other Stockholder to be joined as an additional party
in any proceeding for such purpose. The use of a single agreement to effectuate the rights and obligations contemplated hereby was solely
in the control of the Company, not the action or decision of any Stockholder, and was done solely for the convenience of the Company
and its subsidiaries and not because the Company was required to do so by any Stockholder. It is expressly understood and agreed that
each provision contained in this Agreement is between the Company and a Stockholder, solely, and not between the Company and the Stockholders
collectively and not between and among the Stockholders.

 

Section 9.17.         Effectiveness.
This Agreement shall become effective on the day immediately preceding the date on which a registration statement on Form 8-A, or
any successor form thereto, with respect to the Common Stock first becomes effective under the Exchange Act. This Agreement shall automatically
terminate if the Underwriting Agreement is terminated prior to the completion of the Initial Public Offering referenced therein for any
reason or the Initial Public Offering contemplated by the Underwriting Agreement is not consummated on or before the tenth (10th)
Business Day following the date of this Agreement.

 

Section 9.18.         Counterparts;
Electronic Delivery. This Agreement and any other notices and other documents delivered pursuant to this Agreement may be executed
and delivered in one or more counterparts and by fax, email or other electronic transmission, each of which shall be deemed an original
and all of which shall be considered one and the same agreement. No party hereto shall raise the use of a fax machine or email to deliver
a signature or the fact that any signature or agreement or instrument was transmitted or communicated through the use of a fax machine
or email as a defense to the formation or enforceability of a contract and each party to this Agreement forever waives any such defense.
The words “execution,” “signed,” “signature,” “delivery,” and words of like import in
or relating to this Agreement or any document to be signed in connection with this Agreement shall be deemed to include electronic signatures,
deliveries or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability
as a manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be, and
the parties hereto consent to conduct the transactions contemplated hereunder by electronic means.

 

    36 

     

    

 

Section 9.19.         Logo.
The Company hereby irrevocably consents to the use of its and its Subsidiaries’ trademarks (including logos, as well as trade names)
by each of the H&F Stockholders in relation to its investment business, including in reports to investors and potential investors,
on its website or other online fora or media, and/or in offering memoranda and other marketing materials for its related investment funds
or Affiliates.

 

Section 9.20.         Waiver
of Jury Trial. TO THE EXTENT NOT PROHIBITED BY APPLICABLE LAW THAT CANNOT BE WAIVED, EACH PARTY HEREBY IRREVOCABLY WAIVES, AND COVENANTS
THAT IT WILL NOT ASSERT (WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE), ANY RIGHT TO TRIAL BY JURY IN ANY FORUM IN RESPECT OF ANY ISSUE,
CLAIM, DEMAND, ACTION OR CAUSE OF ACTION ARISING IN WHOLE OR IN PART UNDER, RELATED TO, BASED ON OR IN CONNECTION WITH THIS AGREEMENT
OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY OR THE SUBJECT MATTER HEREOF, WHETHER NOW EXISTING OR HEREAFTER ARISING AND
WHETHER SOUNDING IN TORT OR CONTRACT OR OTHERWISE. ANY PARTY HERETO MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION 9.20
WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF EACH SUCH PARTY TO THE WAIVER OF ITS RIGHT TO TRIAL BY JURY.

 

Section 9.21.         Reinstatement
of Terms of Unitholders Agreement. The parties hereto hereby agree that in the event this Agreement becomes effective but is subsequently
terminated pursuant to Section 9.17, the parties shall execute a stockholders agreement with terms that are substantially
equivalent (to the extent practicable) to, mutatis mutandis, the terms of the Unitholders Agreement.

 

[Remainder of page intentionally
left blank]

 

    37 

     

    

 

IN WITNESS WHEREOF, each of the undersigned has
executed this Agreement or caused this Agreement to be signed by its officer thereunto duly authorized as of the date first written above.

 

	 	COMPANY:
	 	 	 
	 	SNAP ONE HOLDINGS CORP.
	 	 	 
	 	By: 	
	 	Name:
	 	Title:

 

    

     

    

 

IN WITNESS WHEREOF, each of the undersigned has
executed this Agreement or caused this Agreement to be signed by its officer thereunto duly authorized as of the date first written above.

 

	 	INITIAL H&F STOCKHOLDERS:
	 	 	 
	 	[______________________]
	 	 	 
	 	By:	[______________________]
	 	 	 
	 	By:  	[______________________]
	 	 	 
	 	By: 	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	Address:
	 	 	 
	 	c/o Hellman & Friedman LLC

415 Mission Street, Suite 5700
	 	San Francisco, CA 94105
	 	Attn: [                  ]
	 	Email:   [                  ]
	 	 	 
	 	with a copy (which shall not constitute actual or constructive notice) to:
	 	 	 
	 	Simpson Thacher & Bartlett LLP

2475 Hanover Street
	 	Palo Alto, California 94304
	 	Attn:    [                  ]
	 	Email:   [                  ]

 

    

     

    

 

IN WITNESS WHEREOF, each of the undersigned has
executed this Agreement or caused this Agreement to be signed by its officer thereunto duly authorized as of the date first written above.

 

	 	[ADDITIONAL SIGNATURES TO COME]
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	 
	 	 
	 	 	 
	 	Address
	 	 
	 	 	 
	 	Email

 

    

     

    

 

Exhibit A

 

JOINDER AGREEMENT

 

The undersigned is executing and delivering this
omnibus joinder agreement (this “Joinder Agreement”) pursuant to the Stockholders Agreement of Snap One Holdings Corp.,
a Delaware corporation, dated as of                , 2021 (as may be amended, supplemented, restated or modified from time to time in accordance
with its terms, the “Stockholders Agreement”). Capitalized terms used but not defined in this Joinder Agreement shall
have the respective meanings ascribed to them in the Stockholders Agreement.

 

By executing and delivering this Joinder Agreement,
the undersigned hereby adopts and approves the Stockholders Agreement and agrees, effective commencing on the date on which the undersigned
first becomes the owner of any Shares, to become a party to, to be bound by, to comply with, and that his, her or its Shares are subject
to the Stockholders Agreement in the same manner as if the undersigned were an original signatory to such agreement as a Stockholder.

 

The undersigned expressly acknowledges and agrees
that the undersigned shall not be entitled to any rights pursuant to the Stockholders Agreement unless the undersigned shall have executed
and delivered this Joinder Agreement.

 

Accordingly, the undersigned has executed and
delivered this Joinder Agreement as of the __ day of ____________, 202_.

 

	 	Signature
	 	 
	 	 
	 	Print Name
	 	 
	 	 
	 	 
	 	 
	 	Address
	 	 
	 	 
	 	Email

 

    

     

    

 

Exhibit B

 

CONSENT OF SPOUSE

 

I, _________________, the undersigned spouse of
_________________, hereby acknowledge that I am aware that the Stockholders Agreement of Snap One Holdings Corp., a Delaware corporation,
dated as of                , 2021 (as may be amended, supplemented, restated or modified from time to time in accordance with its terms, the
 “Stockholders Agreement”), imposes certain transfer obligations and restrictions on my spouses’ Shares (as defined
in the Stockholders Agreement). I agree that my spouse’s interest in the Shares are subject to the Stockholders Agreement and any
interest I may have in such Shares shall also be irrevocably bound by such Stockholders Agreement and, further, that my community property
interest in such Stockholders Agreement, if any, shall be similarly bound by such Stockholders Agreement.

 

I am aware that the legal, financial and other matters
contained in the Stockholders Agreement are complex and I am encouraged to seek advice with respect thereto from independent legal and/or
financial counsel. I have either sought such advice or determined after carefully reviewing the Stockholders Agreement that I hereby
waive such right.

 

	 	Acknowledged and agreed this ___ day of _____, 202_
	 	 	 
	 	Insert Signature of Spouse Above
	 	 	 
	 	Provide Address of Spouse Below:
	 	 
	 	 
	 	 
	 	 
	 	 	 
	 	Telephone:	 
	 	 	 
	 	Email:	 

 

    

     

    

 

Exhibit C

 

[SPECIFIED STOCKHOLDERS]

 

     

     

    

 

Exhibit D

 

SPECIFIED MANAGEMENT STOCKHOLDERS

 

	Management
  Stockholder	No.
  of Shares
	[                    ]	[                    ]
	[                    ]	[                    ]
	[                    ]	[                    ]

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