Document:

Exhibit 10.47

 

INDEMNITY
AGREEMENT

 

THIS AGREEMENT is made this ___
day of ____________, 2022.

 

BETWEEN:

 

FAN ZHOU, an individual resident
in Richmond Hill, Ontario

 

(the “Indemnifier”)

 

- and -

 

INSERT, an individual resident
in INSERT, Ontario

 

(the “Indemnified Party”)

 

RECITALS:

 

		A.	The Indemnified Party is, has been or, at the request of VISIONARY EDUCATION TECHNOLOGY
HOLDINGS GROUP INC. (the “Corporation”), proposes to become, a duly elected or appointed director and/or officer of
the Corporation.

 

		B.	The Indemnifier is permitted to indemnify the Corporation’s directors and
officers to the extent permitted herein.

 

		C.	The Indemnifier considers it desirable and in the best interests of the Corporation
to attract and retain the services of highly qualified individuals such as the Indemnified Party to serve as a director and/or officer
of the Corporation and to therefore enter into this Agreement to set out the circumstances and manner in which the Indemnified Party may
be indemnified in respect of certain liabilities or expenses which the Indemnified Party may incur as a result of acting as a director
and/or officer of the Corporation.

 

THEREFORE, in consideration of
the foregoing and the mutual covenants contained in this Agreement, and for other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the Parties hereby agree with each other as follows:

 

ARTICLE 1

DEFINITIONS AND PRINCIPLES OF
INTERPRETATION

 

		1.1	Definitions

 

Whenever used in this Agreement, the
following words and terms shall have the meanings set out below:

 

		(a)	“Act” means the Business Corporation Act (Ontario);

 

		(b)	“Agreement” means this agreement, including all schedules, and
all amendments or restatements as permitted, and references to “Article” or “Section” mean the specified
Article or Section of this Agreement;
	 	 	 

		(c)	“Business Day” means a day, other than a Saturday or Sunday,
on which the principal commercial banks are open for business during normal banking hours in Toronto, Ontario;

 

		(d)	“Claim” includes any civil, criminal, administrative, investigative
or other proceeding of any nature or kind in which the Indemnified Party is involved by reason of the Indemnified Party’s being
or having been a director and/or officer of the Corporation;

 

 

    	 	 	 

     

    

 

		(e)	“Derivative Claim” has the meaning set out in Section 2.1(c)(i);

 

		(f)	“Losses” includes all costs, charges, expenses, losses, damages,
fees (including any legal, professional or advisory fees or disbursements), liabilities, amounts paid to settle or dispose of any Claim
or satisfy any judgment, fines, penalties or liabilities, without limitation, and whether incurred alone or jointly with others, including
any amounts which the Indemnified Party may reasonably suffer, sustain, incur or be required to pay in respect of the investigation, defence,
settlement or appeal of or preparation for any Claim or with any action to establish a right to indemnification under this Agreement,
and for greater certainty, includes all taxes, interest, penalties and related outlays of the Indemnified Party arising from any indemnification
of the Indemnified Party by the Indemnifier pursuant to this Agreement;

 

		(g)	“Parties” means the Indemnifier and the Indemnified Party, collectively,
and “Party” means any one of them;

 

		1.2	Certain Rules of Interpretation

 

In this Agreement:

 

		(a)	Governing Law – This Agreement is a contract made under and shall be
governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable in therein.

 

		(b)	Headings – Headings of Articles and Sections are inserted for convenience
of reference only and do not affect the construction or interpretation of this Agreement.

 

		(c)	Number – Unless the context otherwise requires, words importing the
singular include the plural and vice versa.

 

		(d)	Severability – If, in any jurisdiction, any provision of this Agreement
or its application to any Party or circumstance is restricted, prohibited or unenforceable, the provision shall, as to that jurisdiction,
be ineffective only to the extent of the restriction, prohibition or unenforceability without invalidating the remaining provisions of
this Agreement and without affecting the validity or enforceability of such provision in any other jurisdiction or without affecting its
application to other Parties or circumstances.

		(e)	Entire Agreement – This Agreement constitutes the entire agreement
between the Parties and sets out all the covenants, promises, warranties, representations, conditions and agreements between the Parties
in connection with the subject matter of this Agreement and supersedes all prior agreements, understandings, negotiations and discussions,
whether oral or written, pre-contractual or otherwise. There are no covenants, promises, warranties, representations, conditions or other
agreements, whether oral or written, pre-contractual or otherwise, express, implied or collateral, between the Parties in connection with
the subject matter of this Agreement except as specifically set forth in this Agreement.

 

ARTICLE
2

OBLIGATIONS

 

		2.1	Obligations of the Indemnifier

 

		(a)	General Indemnity – Except as otherwise provided in this Agreement,
the Indemnifier shall indemnify and hold the Indemnified Party harmless to the fullest extent permitted by law, including but not limited
to the indemnity under the Act, from and against any and all Losses which the Indemnified Party may reasonably suffer, sustain, incur
or be required to pay in respect of any Claim, provided that the indemnity provided for in this Section 2.1(a) will only be available
if:

 

	 	(i)	the Indemnified Party was acting honestly and in good faith with a view to the best interests of the Corporation; and

 

	 	(ii)	in the case of a criminal or administrative Claim that is enforced by monetary penalty, the Indemnified Party had reasonable grounds
for believing that the Indemnified Party’s conduct was lawful.

 

 

    	 	2	 

     

    

 

		(b)	Indemnity as of Right – In addition to any other indemnity to which
the Indemnified Party is entitled hereunder and notwithstanding anything in this Agreement to the contrary, the Indemnified Party is entitled
to an indemnity from the Indemnifier in respect of all costs, charges and expenses reasonably incurred by the Indemnified Party in connection
with the defence of any Claim, if the Indemnified Party:

 

		(i)	was not judged by the court or other competent authority to have committed any fault
or omitted to do anything that the Indemnified Party ought to have done; and

 

	 	(ii)	fulfils the conditions set out in Sections 2.1(a)(i) and 2.1(a)(ii).

 

		(c)	Derivative Claims

 

	 	(i)	Subject to Section 2.1(c)(ii), in respect of any action by or on behalf of the Corporation to procure a judgment in its favour against
the Indemnified Party, in respect of which the Indemnified Party is made a party because of the Indemnified Party’s association
with the Corporation (a “Derivative Claim”), the Indemnifier shall indemnify and save harmless the Indemnified Party
from all costs, charges and expenses reasonably incurred by the Indemnified Party in connection with such Derivative Claim provided the
Indemnified Party is found to have fulfilled the conditions set out in Sections 2.1(a)(i) and 2.1(a)(ii).

 

	 	(ii)	The Parties acknowledge and agree that the obligations and rights of the Parties
set out in Section 2.1(c)(i) are subject to the approval of the courts in accordance with the Act. The Indemnifier covenants and agrees
that it shall, at its own expense, apply for court approval and use all commercially reasonable efforts to obtain such approval.

 

		(d)	Advance of Expenses – Subject to Section 2.1(c), the Indemnifier shall,
at the request of the Indemnified Party, advance to the Indemnified Party sufficient funds, or arrange to pay on behalf of or reimburse
the Indemnified Party for any costs, charges or expenses reasonably incurred by the Indemnified Party in investigating, defending, appealing,
preparing for, providing evidence in or instructing and receiving the advice of the Indemnified Party’s counsel or other professional
advisors in regard to any Claim or other matter for which the Indemnified Party may be entitled to an indemnity or reimbursement under
this Agreement, and such amounts shall be treated as a non-interest bearing advance or loan to the Indemnified Party, pending approval
of a court of competent jurisdiction (if required), to the payment thereof as an indemnity and provided that the Indemnified Party fulfils
the conditions set out in Sections 2.1(a)(i) and 2.1(a)(ii). In the event that it is ultimately determined by a court of competent jurisdiction
that the Indemnified Party did not fulfil the conditions set out in Sections 2.1(a)(i) and 2.1(a)(ii), or that the Indemnified Party was
not entitled to be fully so indemnified, such loan or advance, or the appropriate portion thereof shall, upon written notice of
such determination being given by the Indemnifier to the Indemnified Party reasonably detailing the basis for such determination, be repayable
on demand and shall bear interest from the date of such notice at the prime rate prescribed from time to time by Royal Bank of Canada.

 

		(e)	Partial Indemnification – If the Indemnified Party is determined to
be entitled under any provisions of this Agreement to indemnification by the Indemnifier for some or a portion of the Losses incurred
in respect of any Claim but not for the total amount thereof, the Indemnifier shall nevertheless indemnify the Indemnified Party for the
portion thereof to which the Indemnified Party is determined by a court of competent jurisdiction to be so entitled.

 

		(f)	Claim Initiated by Nominee – The Indemnified Party shall not be entitled
to indemnification under this Agreement for any Claim initiated by or on behalf of the Indemnified Party against the Indemnifier except
a Claim brought to enforce indemnification under this Agreement.

 

		(g)	Nonexclusivity – The indemnification provided by this Agreement shall
not be deemed exclusive of any rights to which the Indemnified Party may be entitled under the Corporation’s constating documents,
any unanimous shareholder agreement with respect to the Corporation or the Act.

 

 

    	 	3	 

     

    

 

	 	 	 

		2.2	Notice of Claims

 

The Indemnified Party shall give notice
in writing to the Indemnifier as soon as practicable upon being served with any statement of claim, writ, notice of motion, indictment,
subpoena, investigation order or other document commencing, threatening or continuing any Claim involving the Indemnifier or the Indemnified
Party which may result in a claim for indemnification under this Agreement, and the Indemnifier agrees to give the Indemnified Party notice
in writing as soon as practicable upon it being served with any statement of claim, writ, notice of motion, indictment, subpoena, investigation
order or other document commencing or continuing any Claim involving the Indemnified Party. Such notice, by the Indemnified Party or the
Indemnifier, (in either case a “Notice of Claim”) shall include a description of the Claim or threatened Claim, a summary
of the facts giving rise to the Claim or threatened Claim and, if possible, an estimate of any potential liability arising under the Claim
or threatened Claim. Failure by the Indemnified Party to so notify the Indemnifier of any Claim shall not relieve the Indemnifier from
liability under this Agreement except to the extent that the failure materially prejudices the Indemnifier.

 

		2.3	Subrogation

 

Promptly after receiving a Notice
of Claim from the Indemnified Party (other than in respect of a Derivative Claim), the Indemnifier may, by providing notice in writing
to the Indemnified Party, or the Indemnifier shall, upon the written request of the Indemnified Party, assume conduct of the defence thereof
in a timely manner and retain counsel on behalf of the Indemnified Party who is reasonably satisfactory to the Indemnified Party, to represent
the Indemnified Party in respect of the Claim. On delivery of such notice by the Indemnifier, the Indemnifier shall not be liable to the
Indemnified Party under this Agreement for any fees and disbursements of counsel the Indemnified Party may subsequently incur with respect
to the same matter. In the event the Indemnifier assumes conduct of the defence on behalf of the Indemnified Party, the Indemnified Party
shall fully cooperate in such defence including the provision of documents, attending examinations for discovery, making affidavits, meeting
with counsel, testifying and divulging to the Indemnifier all information reasonably required to defend or prosecute the Claim.

 

ARTICLE
3

MISCELLANEOUS

 

		3.1	Indemnifier and Indemnified Party to Cooperate

 

The Parties shall, from time to time,
provide such information and cooperate with each other, as the other may reasonably request, in respect of all matters under this Agreement.

 

		3.2	Effective Time

 

This Agreement shall be deemed to
have effect as and from the first date that the Indemnified Party became a director or officer of the Corporation.

 

		3.3	Multiple Proceedings

 

No action or proceeding brought or
instituted under this Agreement and no recovery pursuant thereto shall be a bar or defence to any further action or proceeding which may
be brought under this Agreement.

 

ARTICLE
4

GENERAL

 

		4.1	Term

 

The term of this Agreement will commence
upon the date set out in Section 3.2 above and will expire immediately on the date the Indemnified Party is neither a director nor officer
of the Corporation.

 

 

    	 	4	 

     

    

 

		4.2	Assignment

 

Neither Party may assign this Agreement
or any rights or obligations under this Agreement without the prior written consent of the other Party.

 

		4.3	Enurement

 

This Agreement enures to the benefit
of and is binding upon the Parties and the heirs, attorneys, guardians, estate trustees, executors, trustees, administrators and permitted
assigns of the Indemnified Party and the successors and permitted assigns of the Indemnifier.

 

		4.4	Amendments

 

No amendment, supplement, modification
or waiver or termination of this Agreement and, unless otherwise specified, no consent or approval by any Party, is binding unless executed
in writing by the Party to be so bound.

 

		4.5	Notices

 

Any notice, consent or approval required
or permitted to be given in connection with this Agreement (in this Section referred to as a “Notice”) shall be in
writing and shall be sufficiently given if delivered (whether in person, by courier service or other personal method of delivery), or
if transmitted by email:

 

		(a)	in the case of a Notice to the Indemnified Party at:

 

insert

 

Email: insert

 

		(b)	in the case of a Notice to the Indemnifier at: insert

 

insert

 

Attention: insert

Email: insert

 

Any Notice delivered or transmitted
to a Party as provided above shall be deemed to have been given and received on the day it is delivered or transmitted, provided that
it is delivered or transmitted on a Business Day prior to 5:00 p.m. local time in the place of delivery or receipt. If the Notice is delivered
or transmitted after 5:00 p.m. local time or if such day is not a Business Day, then the Notice shall be deemed to have been given and
received on the next Business Day.

 

Any Party may, from time to time,
change its address by giving Notice to the other Party in accordance with the provisions of this Section.

 

		4.6	Further Assurances

 

The Parties shall, with reasonable
diligence, do all things and execute and deliver all such further documents or instruments as may be necessary or desirable for the purpose
of assuring and conferring on the Indemnified Party the rights created or intended by this Agreement and giving effect to and carrying
out the intention or facilitating the performance of the terms of this Agreement.

 

 

    	 	5	 

     

    

 

		4.7	Independent Legal Advice

 

The Indemnified Party acknowledges
that the Indemnified Party has been advised to obtain independent legal advice with respect to entering into this Agreement, that the
Indemnified Party has obtained such independent legal advice or has expressly determined not to seek such advice, and that the Indemnified
Party is entering into this Agreement with full knowledge of the contents hereof, of the Indemnified Party’s own free will and with
full capacity and authority to do so.

 

		4.8	Execution and Delivery

 

This Agreement may be executed by
the Parties in counterparts and may be executed and delivered by facsimile or other electronic means and all such counterparts together
shall constitute one and the same agreement.

 

[REMAINDER OF THIS PAGE INTENTIONALLY
LEFT BLANK]

 

 

    	 	6	 

     

    

 

IN WITNESS OF WHICH the Parties have duly executed
this Agreement.

 

 

 

_____________________________________

FAN ZHOU

 

 

 

 

 

_____________________________________

insertExhibit 10.1

     

    March 23, 2022

     

    Emerging Markets Horizon Corp.

    8th Floor, Berkeley Square House

    Berkeley Square, London W1J 6DB

    United Kingdom

     

    	 	Re:	
            Emerging Markets Horizon Corp.

          

     

    Ladies and Gentlemen:

     

    This letter (this “Letter
        Agreement”) is being delivered to you in connection with the appointment of the undersigned, Jonathan Neill (the “Insider”) as a director and officer of Emerging Markets Horizon Corp., a Cayman Islands exempted company (the “Company”). The Insider acknowledges that the Company has consummated its initial public offering on December 13, 2021 (the “Public Offering”) of 28,750,000 of the Company’s units (the “Units”), each comprising one of the Company’s Class A ordinary shares, par value $0.0001 per share (the “Ordinary
        Shares”), and one-half of one redeemable warrant (each whole warrant, a “Warrant”).  Each Warrant entitles the holder
      thereof to purchase one Ordinary Share at a price of $11.50 per share, subject to adjustment.  Certain capitalized terms used herein are defined in paragraph 1 hereof.

     

    For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Insider hereby agrees with the Company
      as follows:

     

    1.           Definitions.  As used herein, (i) “Business Combination” shall mean a merger, share exchange, asset acquisition, share
          purchase, reorganization or similar business combination with one or more businesses or entities; (ii) “Founder Shares” shall mean the 7,187,500 Class B ordinary shares of the Company, par value $0.0001 per share, outstanding prior to the consummation of the Public Offering; (iii) “Private Placement Warrants” shall mean the warrants to
          purchase Ordinary Shares of the Company that were acquired by the Sponsor for an aggregate purchase price of $13,500,000, or $1.50 per Warrant, in a private placement that closed simultaneously with the consummation of the Public Offering
          (including Ordinary Shares issuable upon conversion thereof); (iv) “Public Shareholders” shall
          mean the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of
          the Private Placement Warrants were deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or
          increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission
          promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to
          be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be
          amended from time to time; (ix) “Underwriters”
          shall mean the underwriters of the Public Offering; and (x) “Sponsor” shall mean EM Horizon Investments.

     

    
      
        

    

    
    2.           Representation and Warranties.

     

    (a)          The Insider
        represents and warrants to the Company that he has the full right and power, without violating any agreement to which he is bound (including, without limitation, any non-competition or non-solicitation agreement with any employer or former
        employer), to enter into this Letter Agreement and to serve as an officer of the Company and a director on the Company’s Board of Director (the “Board”).

     

    (b)          The Insider
        represents and warrants that such Insider’s biographical information furnished to the Company (including any such information included in the Current Report on Form 8-K relating to the Insider’s appointment and to be filed by the Company with the
        Securities and Exchange Commission (the “Commission”)) is true and accurate in all material respects and does not omit any
        material information with respect to such Insider’s background.  The Insider’s questionnaire furnished to the Company is true and accurate in all material respects.  The Insider represents and warrants that such Insider is not subject to or a
        respondent in any legal action for, any injunction, cease-and-desist order or order or stipulation to desist or refrain from any act or practice relating to the offering of securities in any jurisdiction; the Insider has never been convicted of, or
        pleaded guilty to, any crime (i) involving fraud, (ii) relating to any financial transaction or handling of funds of another person, or (iii) pertaining to any dealings in any securities and the Insider is not currently a defendant in any such
        criminal proceeding; and such Insider has never been suspended or expelled from membership in any securities or commodities exchange or association or had a securities or commodities license or registration denied, suspended or revoked.

     

    3.           Business Combination Vote.  It is acknowledged and agreed that the
          Company shall not enter into a definitive agreement regarding a proposed Business Combination without the prior consent of the Sponsor.  The Insider agrees that if the Company seeks shareholder approval of a proposed initial Business Combination,
          then in connection with such proposed initial Business Combination, he shall vote all Founder Shares and any Public Shares held by him in favor of such proposed initial Business Combination (including any proposals recommended by the Board in
          connection with such Business Combination) and not redeem any Public Shares held by him in connection with such shareholder approval.

     

    
      2

      
        

    

    4.           Failure to Consummate a Business Combination: Trust Account Waiver.

     

    (a)          The Insider
        hereby agrees that in the event that the Company fails to consummate its initial Business Combination within the time period set forth in the Charter, the Insider shall take all reasonable steps to cause the Company to (i) cease all operations
        except for the purpose of winding up; (ii) as promptly as reasonably possible but not more than 10 business days thereafter, redeem 100% of the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in
        the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to pay income taxes (less up to $100,000 of interest to pay winding up and dissolution expenses), divided by the number
        of then-outstanding Public Shares, which redemption will completely extinguish Public Shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any); and (iii) as promptly as reasonably possible
        following such redemption, subject to the approval of the Company’s remaining shareholders and the Board, liquidate and dissolve, subject in the case of clauses (ii) and (iii) to the Company’s obligations under Cayman Islands law to provide for
        claims of creditors and in all cases subject to the other requirements of applicable law.  The Insider agrees not to propose any amendment to the Charter (i) that would modify the substance or timing of the Company’s obligation to provide holders
        of the Public Shares the right to have their shares redeemed in connection with an initial Business Combination or to redeem 100% of the Public Shares if the Company does not complete an initial Business Combination within the required time period
        set forth in the Charter or (ii) with respect to any provision relating to the rights of holders of Public Shares unless the Company provides its Public Shareholders with the opportunity to redeem their Public Shares upon approval of any such
        amendment at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to pay taxes, if any,
        divided by the number of then-outstanding Public Shares.

     

    (b)          The Insider acknowledges that he has no right, title, interest or claim of any kind in or to any monies held in the Trust Account or any other asset of the Company as a result of
          any liquidation of the Company with respect to the Founder Shares held by him, if any.  The Insider hereby further waives, with respect to any Founder Shares and Public Shares held by it him, any redemption rights he may have in connection
        with the consummation of a Business Combination, including, without limitation, any such rights available in the context of a shareholder vote to approve such Business Combination or a shareholder vote to approve an amendment to the Charter (i)
        that would modify the substance or timing of the Company’s obligation to provide holders of the Public Shares the right to have their shares redeemed in connection with an initial Business Combination or to redeem 100% of the Public Shares if the
        Company has not consummated an initial Business Combination within the time period set forth in the Charter or (ii) with respect to any provision relating to the rights of holders of Public Shares (although the Insider shall be entitled to
        liquidation rights with respect to any Public Shares he holds if the Company fails to consummate a Business Combination within the required time period set forth in the Charter).

     

    5.           Lock-up: Transfer Restrictions.

     

    (a)          The Insider
        agrees that he shall not Transfer any Founder Shares held, if any (the “Founder Shares Lock-up”) until the earliest of (A) one
        year after the completion of the Company’s initial Business Combination and (B) the date following the completion of an initial Business Combination on which the Company completes a liquidation, merger, share exchange or other similar transaction
        that results in all of the Company’s shareholders having the right to exchange their Ordinary Shares for cash, securities or other property (the “Founder Shares Lock-up Period”).  Notwithstanding the foregoing, if, subsequent to a Business Combination, the closing price of the Ordinary Shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share
        capitalizations, share consolidations, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period commencing at least 150 days after the Company’s initial Business Combination, the Founder Shares shall
        be released from the Founder Shares Lock-up.

     

    
      3

      
        

    

    (b)          The Insider
        agrees that he shall not effectuate any Transfer of Private Placement Warrants or Ordinary Shares underlying such warrants until 30 days after the completion of an initial Business Combination.

     

    (c)          Notwithstanding
        the provisions set forth in paragraphs 5(a) and (b), Transfers of the
        Founder Shares, Private Placement Warrants and Ordinary Shares underlying the Private Placement Warrants are permitted (a) to the Company’s officers or directors, any affiliate or family member of any of the Company’s officers or directors, any
        members or partners of the Sponsor or their affiliates, any affiliates of the Sponsor, or any employees of the Sponsor or any of its affiliates; (b) in the case of an individual, by gift to a member of one of the individual’s immediate family or to
        a trust, the beneficiary of which is a member of the individual’s immediate family, an affiliate of such person or to a charitable organization; (c) in the case of an individual, by virtue of laws of descent and distribution upon death of the
        individual; (d) in the case of an individual, pursuant to a qualified domestic relations order; (e) by private sales or transfers made in connection with the consummation of a Business Combination at prices no greater than the price at which the
        Founder Shares, Private Placement Warrants or Ordinary Shares, as applicable, were originally purchased; (f) by virtue of the Sponsor’s organizational documents upon liquidation or dissolution of the Sponsor; (g) to the Company for no value for
        cancellation in connection with the consummation of an initial Business Combination, (h) in the event of the Company’s liquidation prior to the completion of a Business Combination; or (i) in the event of completion of a liquidation, merger, share
        exchange or other similar transaction which results in all of the Company’s Public Shareholders having the right to exchange their Ordinary Shares for cash, securities or other property subsequent to the completion of an initial Business
        Combination; provided, however, that in the case of clauses (a) through
        (f) these permitted transferees must enter into a written agreement agreeing to be bound by these transfer restrictions.

     

    (d)          During the
        period commencing on the effective date of the underwriting agreement entered into by and among the Company and the Underwriters (the “Underwriting
          Agreement”) and ending 180 days after such date, the Insider shall not, without the prior written consent of the Underwriters, Transfer any Units, Ordinary Shares, Warrants or any other securities convertible into, or exercisable or
        exchangeable for, Ordinary Shares held by him, subject to certain exceptions enumerated in Section 5(g) of the Underwriting Agreement.

     

    6.           Remedies.  The Insider hereby agrees and acknowledges that (i) each of
          the Underwriters and the Company would be irreparably injured in the event of a breach by the Sponsor or such Insider of its, her or his obligations, as applicable under paragraphs 3, 4,
          5 and 7, (ii) monetary damages may not be an adequate remedy for such breach and (iii) the non-breaching party shall be entitled to injunctive relief, in addition to any other remedy that such party may
          have in law or in equity, in the event of such breach.

     

    
      4

      
        

    

    7.           Payments by the Company.  Except as disclosed in the Prospectus, neither
          the Sponsor nor any affiliate of the Sponsor nor any director or officer of the Company nor any affiliate of the officers shall receive from the Company any finder’s fee, reimbursement, consulting fee, monies in respect of any payment of a loan
          or other compensation prior to, or in connection with any services rendered in order to effectuate the consummation of the Company’s initial Business Combination (regardless of the type of transaction that it is).

     

    8.           Director and Officer Liability Insurance.  The Company will maintain an
          insurance policy or policies providing directors’ and officers’ liability insurance, and the Insider shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of
          the Company’s directors or officers.

     

    9.           Termination.  This Letter Agreement shall terminate on the earlier of (i)
          the expiration of the Founder Shares Lock-up Period and (ii) the liquidation of the Company.

     

    10.         Entire Agreement.  This Letter Agreement constitutes the entire agreement
          and understanding of the parties hereto in respect of the subject matter hereof and supersedes all prior understandings, agreements, or representations by or among the parties hereto, written or oral, to the extent they relate in any way to the
          subject matter hereof or the transactions contemplated hereby.  This Letter Agreement may not be changed, amended, modified or waived (other than to correct a typographical error) as to any particular provision, except by a written instrument
          executed by all parties hereto.

     

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

     

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

     

    13.         Effect of Headings.  The paragraph headings herein are for convenience
          only and are not part of this Letter Agreement and shall not affect the interpretation thereof.

     

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

     

    
      5

      
        

    

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

     

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

     

    [Signature Page Follows]

     

    
      6

      
        

    

    	 	
            /s/ Jonathan Neill

          
	 	
            Jonathan Neill

          

    
       

      

      Signature Page to Insider Letter

       

      

    

    
      
        

    

    Acknowledged and Agreed:

     

    Emerging Markets Horizon Corp.

     

    	
            By:

          	
            /s/ Riccardo Orcel

          	 
	 	
            Name: Riccardo Orcel

          	 
	 	Title: CEO	 

    

    

  

  
    Signature Page to Insider Letter

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00342-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00342-of-00352.parquet"}]]