Document:

EX-10.20

 Exhibit 10.20 

EXECUTION VERSION 

SECOND AMENDED & RESTATED ADVISORY AGREEMENT 

THIS SECOND AMENDED & RESTATED ADVISORY AGREEMENT (this “Agreement”) is made
as of September 15, 2016, by and among GTCR Management XI LP, a Delaware limited partnership (“GTCR”), Vector Laboratories, Inc., a California corporation (“Vector”), and TriLink BioTechnologies, LLC, a Delaware
limited liability company (“TriLink” and, together with Vector, each an “Opco” and collectively “Opcos”). Capitalized terms used but not otherwise defined herein shall have the meanings set forth in
the Limited Liability Company Agreement of the Company (as defined below), dated as of April 5, 2016, among the parties from time to time party thereto (as amended or modified from time to time, the “LLC Agreement”). 

WHEREAS, Maravai Life Sciences, Inc., a Delaware corporation (“Parent”), and GTCR entered into an Advisory
Agreement, dated as of March 18, 2014 (the “Original Agreement”); 
 WHEREAS, Parent, GTCR and VLI Merger
Sub, Inc., a California corporation (“VLI”), entered into an Amended & Restated Advisory Agreement, dated as of April 5, 2016 (the “A&R Agreement”) to amend, replace and supersede in its entirety the
Original Agreement; 
 WHEREAS, on April 5, 2016, VLI merged with and into Vector pursuant to that certain Agreement and
Plan of Merger, dated as of March 2, 2016, by and among VLI, Vector and certain other parties thereto; 
 WHEREAS, pursuant
to the transactions contemplated by that certain Securities Purchase Agreement, dated as of August 16, 2016, by and among TRIHC, Inc., a California corporation (“Seller”), Maravai Intermediate Holdings II, LLC, a Delaware limited
liability company (“Purchaser”), TriLink and certain other parties thereto, on the date hereof Purchaser acquired from Seller 100% of the issued and outstanding equity interests of TriLink; 

WHEREAS, each Opco is an indirect subsidiary of Maravai Life Sciences Holdings, LLC, a Delaware limited liability company
(the “Company”); 
 WHEREAS, certain investment funds or special purpose investment vehicles managed or
advised by GTCR (collectively, the “Investors”) purchased (the “Investment”) certain equity securities of Company, are making additional capital contributions with respect thereto as of the date of this Agreement
and may make additional capital contributions with respect thereto pursuant to that certain Unit Purchase Agreement, dated as of March 18, 2014 (as amended or modified from time to time, the “Unit Purchase Agreement”) between the
Company and the Investors; 
 WHEREAS, Opcos desire to receive financial and business consulting services from GTCR and
obtain the benefit of GTCR’s experience in business and financial management generally and its knowledge of Opcos and Opcos’ financial affairs in particular; 

WHEREAS, in connection with the Investment, GTCR is willing to provide financial and business consulting services to Opcos,
and the compensation arrangements set forth in this Agreement are designed to compensate GTCR for such services; and 

 WHEREAS, Opcos and GTCR desire to enter into this Agreement to amend and
replace, and supersede in its entirety, the A&R Agreement; 
 NOW, THEREFORE, in consideration of the foregoing
premises and the respective agreements hereinafter set forth and the mutual benefits to be derived herefrom, GTCR and Opco hereby agree as follows: 

1.         Engagement. Opcos hereby engage GTCR as a financial and
business consultant, and GTCR hereby agrees to provide financial and business consulting services to Opcos, all on the terms and subject to the conditions set forth below. 

2.         Services of GTCR. GTCR hereby agrees during the term of this
engagement to consult with the board of directors (or similar governing bodies) of Opcos (collectively, the “Boards”), the boards of directors (or similar governing bodies) of Opcos’ affiliates and the management of Opcos and
their respective affiliates in such manner and on such business and financial matters as may be reasonably requested from time to time by the Boards, including: 

(a)        corporate strategy; 

(b)        budgeting of future corporate investments; 

(c)        acquisition and divestiture strategies; and 

(d)        debt and equity financings. 

3.         Personnel. GTCR shall provide and devote to the performance of
this Agreement such partners, employees and agents of GTCR as GTCR shall deem appropriate for the furnishing of the services required hereby. 

4.         Placement Fees. 

(a)        Each time any of the Investors and/or any of their Affiliates (as defined,
for all purposes hereunder, in the Unit Purchase Agreement) provide any equity and/or debt financing to the Company or any of its Subsidiaries (including pursuant to Section 1 of the Unit Purchase Agreement), Opcos shall
concurrently pay to GTCR a placement fee in immediately available funds in an aggregate amount equal to one percent (1.0%) of the gross amount of such equity and/or debt financing. 

(b)        In addition to any amounts payable to GTCR pursuant to
Section 4(a), Opcos shall, concurrently with the consummation of each other equity and/or debt financing of the Company or any of its Subsidiaries, pay to GTCR a placement fee in immediately available funds in an aggregate
amount equal to one percent (1.0%) of the gross amount of such equity and/or debt financing (including the committed amount (whether drawn or undrawn) of any revolving credit facility). 

  
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 5.         Advisory
Fee. Commencing on the date hereof, Opcos shall pay to GTCR an annual advisory fee in an aggregate amount equal to $500,000, payable in advance in equal quarterly installments. 

6.         Expenses. Opcos shall promptly upon demand reimburse GTCR for
such reasonable travel expenses, legal fees and other out-of-pocket fees and expenses as have been or may be incurred by or on behalf of GTCR or any of its Affiliates (other than the Company and its Subsidiaries), or any of their respective members,
partners, directors, managers, officers, principals, employees or agents, in connection with each Subsequent Closing (as defined in the Unit Purchase Agreement), any other financing of the Company or any of its Subsidiaries, or the rendering of any
other services hereunder (including fees and expenses incurred in attending Company-related meetings and retaining legal, regulatory, political or other advisors). 

7.         Term. This Agreement will continue from the date hereof until
the earlier of (a) the date on which the Investors and their Affiliates (other than the Company and its Subsidiaries) cease to own in the aggregate at least 10% of the Investor Securities (as defined in the Unit Purchase Agreement) and
(b) consummation of an Approved Sale. No termination of this Agreement, whether pursuant to this paragraph or otherwise, shall affect Opcos’ obligations with respect to fees, costs and expenses incurred by GTCR in rendering services
hereunder and not reimbursed by Opcos as of the effective date of such termination. 

8.         Liability. Neither GTCR nor any of its Affiliates (other than
the Company and its Subsidiaries), nor any of their respective members, partners, directors, managers, officers, principals, employees or agents (all of whom are express third party beneficiaries of this Section 8), shall
be liable to the Company, Opcos or their respective Subsidiaries or other affiliates for any loss, liability, damage or expense arising out of or in connection with the performance of services contemplated by this Agreement, except to the extent a
court of competent jurisdiction shall determine in a final non-appealable order that such loss, liability, damage or expense resulted directly from the fraud, gross negligence or willful misconduct of GTCR. 

9.         Indemnification. Each Opco shall indemnify and hold harmless
GTCR and its Affiliates (other than the Company and its Subsidiaries), and each of their respective members, partners, directors, managers, officers, principals, employees and agents (all of whom are express third-party beneficiaries of this
Section 9), against and from any and all loss, liability, suits, claims, costs, damages and expenses (including attorneys’ fees) arising from their performance hereunder, except to the extent directly resulting from
their gross negligence or willful misconduct as determined by a court of competent jurisdiction in a final non-appealable order. Each Opco hereby acknowledges that certain of its directors or managers, as applicable (each a “D&O
Indemnitee”), have rights to indemnification, advancement of expenses and/or insurance provided by the Investors and other Affiliates of GTCR (collectively, the “Affiliate Indemnitors”). Each Opco hereby agrees
(i) that such Opco is the indemnitor of first resort with respect to all indemnifiable claims against the D&O Indemnitees, whether arising under this Agreement or otherwise related to such Opco and its Affiliates (i.e., its obligations to
the D&O Indemnitees are primary and any obligation of the Affiliate Indemnitors to advance expenses or to provide indemnification for the same expenses or liabilities incurred by the D&O Indemnitees are secondary), (ii) that such Opco shall
be required to advance the full amount of expenses incurred by the D&O Indemnitees and shall be liable for the full amount of all expenses, 

  
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judgments, penalties, fines and amounts paid in settlement to the extent legally permitted and as required by the terms of this Agreement and the organizational documents (including the
certificate of incorporation, certificate of formation, by-laws and limited liability company agremenet, as applicable) of such Opco (or any other agreement between such Opco and the D&O Indemnitees), without regard to any rights the D&O
Indemnitees may have against the Affiliate Indemnitors, and (iii) that such Opco irrevocably waives, relinquishes and releases the Affiliate Indemnitors from any and all claims against the Affiliate Indemnitors for contribution, subrogation or
any other recovery of any kind in respect thereof. Each Opco agrees to indemnify the Affiliate Indemnitors directly for any amounts that the Affiliate Indemnitors pay as indemnification or advancement on behalf of a D&O Indemnitee and for which
the D&O Indemnitee may be entitled to indemnification from such Opco in connection with serving as a director, manager or officer of such Opco or its subsidiaries. Each Opco further agrees that no advancement or payment by the Affiliate
Indemnitors on behalf of a D&O Indemnitee with respect to any claim for which such D&O Indemnitee has sought indemnification from such Opco shall affect the foregoing and the Affiliate Indemnitors shall be subrogated to the extent of such
advancement or payment to all of the rights of recovery of such D&O Indemnitee against such Opco. 

10.         Independent Contractor. GTCR shall perform services hereunder
as an independent contractor, retaining control over and responsibility for its own operations and personnel. Neither GTCR nor any of its Affiliates (other than the Company and its Subsidiaries), nor any of their respective members, partners,
directors, managers, officers, principals, employees or agents, shall be considered employees or agents of Opcos as a result of this Agreement nor shall any of them have authority as a result of this Agreement to contract in the name of or bind
Opcos, except as expressly agreed to in writing by such Opco. 

11.         Notices. All notices, demands or other communications to be
given or delivered under or by reason of the provisions of this Agreement shall be in writing and shall be deemed to have been given when (a) delivered personally to the recipient, (b) sent to the recipient by reputable express courier
service (charges prepaid), (c) mailed to the recipient by certified or registered mail, return receipt requested and postage prepaid, or (d) telecopied to the recipient (with hard copy sent to the recipient by reputable overnight courier
service (charges prepaid) that same day) if telecopied before 5:00 p.m. Chicago, Illinois time on a business day, and otherwise on the next business day. Such notices, demands and other communications shall be sent to GTCR and to Opcos at the
addresses indicated below or at such other address or to the attention of such other Person as the recipient party has specified by prior written notice to the sending party: 

If to GTCR: 
  

			
	GTCR Management XI LP
	300 North LaSalle Street, Suite 5600
	Chicago, Illinois 60654
	Facsimile:	  	    (312) 382-2201
	Attention:	  	Constantine S. Mihas
		  	Sean L. Cunningham
		  	Benjamin J. Daverman

  
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	Kirkland & Ellis LLP
	300 North LaSalle Street
	Chicago, Illinois 60654
	Facsimile:	  	(312) 862-2200
	Attention:	  	Sanford E. Perl, P.C.
		  	Michael H. Weed, P.C.

 If to Opcos: 

 

			
	c/o GTCR Management LLC
	300 North LaSalle Street, Suite 5600
	Chicago, Illinois 60654
	Facsimile:	  	(312) 382-2201
	Attention:	  	Chief Executive Officer

 12.        Entire Agreement;
Modification. This Agreement, those documents expressly referred to herein and other documents of even date herewith embody the complete agreement and understanding among the parties hereto with respect to the subject matter hereof and supersede
and preempt any prior understandings, agreements or representations by or among the parties hereto, written or oral, which may have related to the subject matter hereof in any way. The provisions of this Agreement may be amended, modified and/or
waived only with the prior written consent of Opcos and GTCR. 

13.        Waiver of Breach. No failure by any party to insist upon the strict
performance of any covenant, duty, agreement, or condition of this Agreement or to exercise any right or remedy consequent upon a breach thereof shall constitute a waiver of any such breach or any other covenant, duty, agreement, or condition. The
waiver by any party of a breach of any covenant, duty, agreement, or condition of this Agreement of any other party shall not operate or be construed as a waiver of any subsequent breach of that provision or any other provision hereof. 

14.        Assignment. Neither GTCR nor either Opco may assign its rights or
obligations under this Agreement without the express written consent of the other, except that GTCR may assign all or any of its rights and obligations hereunder to any of its Affiliates. 

15.        Successors and Assigns. All covenants and agreements contained in
this Agreement shall bind and inure to the benefit of the parties hereto and their respective heirs, executors, administrators, successors, legal representatives, and permitted assigns, whether so expressed or not. 

16.        Severability. Whenever possible, each provision of this Agreement
shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such
invalidity, illegality or unenforceability shall not affect any other provision or the effectiveness or validity of any provision in any other 

  
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jurisdiction, and this Agreement will be reformed, construed, and enforced in such jurisdiction as if such invalid, illegal, or unenforceable provision had never been contained herein. 

17.        Counterparts. This Agreement may be executed in multiple
counterparts with the same effect as if all signing parties had signed the same document. All counterparts shall be construed together and constitute the same instrument. 

18.        Electronic Delivery. This Agreement, the agreements referred to
herein, and each other agreement or instrument entered into in connection herewith or therewith or contemplated hereby or thereby, and any amendments hereto or thereto, to the extent signed and delivered by means of a photographic, facsimile,
portable document format (.pdf), or similar reproduction of such signed writing using a facsimile machine or electronic mail shall be treated in all manner and respects as an original agreement or instrument and shall be considered to have the same
binding legal effect as if it were the original signed version thereof delivered in person. At the request of any party hereto or to any such agreement or instrument, each other party hereto or thereto shall
re-execute original forms thereof and deliver them to all other parties hereto. No party hereto or to any such agreement or instrument shall raise the use of a facsimile machine or electronic mail to deliver a
signature or the fact that any signature or agreement or instrument was transmitted or communicated through the use of a facsimile machine or electronic mail as a defense to the formation or enforceability of a contract and each such party forever
waives any such defense. 
 19.        Applicable Law. This Agreement shall
be governed by, and construed in accordance with, the laws of the State of Delaware, without giving effect to any choice of law or conflict of law rules or provisions (whether of the State of Delaware or any other jurisdiction) that would cause the
application of the laws of any jurisdiction other than the State of Delaware. 

20.        Jurisdiction; Venue; Service of Process. Each party hereto agrees
that it may bring any action between the parties hereto arising out of or related to this Agreement in the Court of Chancery of the State of Delaware (the “Court of Chancery”) or, to the extent the Court of Chancery does not have
subject matter jurisdiction, the United States District Court for the District of Delaware and the appellate courts having jurisdiction of appeals in such courts (the “Delaware Federal Court”) or, to the extent neither the Court of
Chancery nor the Delaware Federal Court has subject matter jurisdiction, the Superior Court of the State of Delaware (the “Chosen Courts”), and, solely with respect to any such action (a) irrevocably submits to the non-exclusive jurisdiction of the Chosen Courts, (b) waives any objection to laying venue in any such action in the Chosen Courts, (c) waives any objection that the Chosen Courts are an inconvenient forum
or do not have jurisdiction over any party hereto and (d) agrees that service of any process, summons, notice or document by United States certified or registered mail to such party’s respective address set forth in the Company’s
books and records or such other address or to the attention of such other person as the recipient party has specified by prior written notice to the sending party shall be effective service of process in any action, suit or proceeding in Delaware
with respect to any matters to which it has submitted to jurisdiction as set forth in the immediately preceding sentence. 

21.        MUTUAL WAIVER OF JURY TRIAL. BECAUSE DISPUTES ARISING IN CONNECTION
WITH COMPLEX TRANSACTIONS ARE MOST QUICKLY 

  
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AND ECONOMICALLY RESOLVED BY AN EXPERIENCED AND EXPERT PERSON AND THE PARTIES HERETO WISH APPLICABLE STATE AND FEDERAL LAWS TO APPLY (RATHER THAN ARBITRATION RULES), THE PARTIES HERETO DESIRE
THAT THEIR DISPUTES BE RESOLVED BY A JUDGE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL SYSTEM AND OF ARBITRATION, EACH PARTY TO THIS AGREEMENT (INCLUDING THE COMPANY) HEREBY WAIVES ALL
RIGHTS TO TRIAL BY JURY IN ANY ACTION, SUIT, OR PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE BETWEEN OR AMONG ANY OF THE PARTIES HERETO, WHETHER ARISING IN CONTRACT, TORT, OR OTHERWISE, ARISING OUT OF, CONNECTED WITH, RELATED OR INCIDENTAL TO THIS
AGREEMENT AND/OR THE TRANSACTIONS CONTEMPLATED HEREBY AND/OR THE RELATIONSHIPS ESTABLISHED AMONG THE PARTIES HEREUNDER. 

22.      No Third-Party Beneficiaries. Except as expressly provided herein, no term or
provision of this Agreement is intended to be, or shall be, for the benefit of any Person not a party hereto, and no such other Person shall have any right or cause of action hereunder. 

23.      Descriptive Headings; Interpretation. The descriptive headings of this
Agreement are inserted for convenience only and do not constitute a substantive part of this Agreement. Whenever required by the context, any pronoun used in this Agreement shall include the corresponding masculine, feminine, or neuter forms, and
the singular form of nouns, pronouns, and verbs shall include the plural and vice versa. The use of the word “including” in this Agreement shall be by way of example rather than by limitation. Reference to any agreement, document, or
instrument means such agreement, document, or instrument as amended or otherwise modified from time to time in accordance with the terms thereof, and, if applicable, hereof. Without limiting the generality of the immediately preceding sentence, no
amendment or other modification to any agreement, document, or instrument that requires the consent of any Person pursuant to the terms of this Agreement or any other agreement will be given effect hereunder unless such Person has consented in
writing to such amendment or modification. The use of the words “or,” “either,” and “any” shall not be exclusive. The parties hereto have participated jointly in the negotiation and drafting of this Agreement. In the
event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the parties hereto, and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the
authorship of any of the provisions of this Agreement. 
 *   *   *   *   * 

  
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 IN WITNESS WHEREOF, the undersigned have caused this Second
Amended & Restated Advisory Agreement to be duly executed and delivered as of the date and year first above written. 
  

					
	GTCR MANAGEMENT XI LP	 	
			
	By:	 	GTCR Management LLC	 	
	Its:	 	General Partner	 	
			
	By:	 	 /s/ Constantine S. Mihas
	 	
	Name:	 	Constantine S. Mihas	 	
	Its:	 	Authorized Signatory	 	
		
	VECTOR LABORATORIES, INC.	 	
			
	By:	 	
                     

	 	
	Name:	 		 	
	Its:	 		 	
		
	TRILINK BIOTECHNOLOGIES, LLC	 	
			
	By:	 	
                     

	 	      
	Name:	 		 	
	Its:	 		 	

  
 Signature Page to
Second A&R Advisory Agreement 

 IN WITNESS WHEREOF, the undersigned have caused this Second
Amended & Restated Advisory Agreement to be duly executed and delivered as of the date and year first above written. 
  

					
	GTCR MANAGEMENT XI LP	 	
			
	By:	 	GTCR Management LLC	 	
	Its:	 	General Partner	 	
			
	By:	 	 /s/ Constantine S. Mihas
	 	
	Name:	 	Constantine S. Mihas	 	
	Its:	 	Authorized Signatory	 	
		
	VECTOR LABORATORIES, INC.	 	
			
	By:	 	 /s/ Eric Tardif
	 	
	Name:	 	Eric Tardif	 	
	Its:	 	Executive Vice President	 	
		
	TRILINK BIOTECHNOLOGIES, LLC	 	
			
	By:	 	 /s/ Eric Tardif
	 	      
	Name:	 	Eric Tardif	 	
	Its:	 	Executive Vice President	 	

  
 Signature Page to
Second A&R Advisory AgreementEX-10.21

 Exhibit 10.21 

EXECUTION VERSION 

INVESTMENT AND DIRECTOR COMPENSATION AGREEMENT 

    THIS INVESTMENT AND DIRECTOR COMPENSATION AGREEMENT (this “Agreement”) is made
as of January 1, 2017 by and between Maravai Life Sciences Holdings, LLC, a Delaware limited liability company (the “Company”) and Robert B. Hance (“Director”). Capitalized terms used but not otherwise defined
herein shall have the meanings ascribed to such terms in Section 8 of this Agreement, or if not defined herein, the meanings in the LLC Agreement. 

The Company and Director desire to enter into an agreement pursuant to which, on the terms and subject to the conditions
contained herein, the Company will sell and issue to Director 18,035 of the Company’s Common Units, (i) 10,000 of which will be treated as Series 4 Incentive Units which will constitute Common Units treated as “Incentive Units” under
the LLC Agreement (the “Incentive Units”) and (ii) 8,035 of which will be treated as “Capital Units” under the LLC Agreement (the “Director Capital Units” and, together with the Incentive Units, the
“Director Securities”). 
 The Company and Director mutually desire to enter into an agreement containing
the terms and conditions pursuant to which Director will serve as member of the board of managers of the Company (the “Board”). 

Certain provisions of this Agreement are intended for the benefit of, and are enforceable by, the Investors. 

The parties hereto intend that the Incentive Units will have a $0.00 liquidation value as of the date of this Agreement so
that the grant of the Incentive Units to Director will not result in taxable income to Director as of the date of grant under the Code. 

NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties to this Agreement hereby agree as follows: 
 PROVISIONS RELATING TO
DIRECTOR SECURITIES 
 1.         Issuance and Sale of Director
Securities. 
 (a)        Closing. Upon execution of this Agreement (the
“Closing”), (i) Director will purchase from the Company, and the Company will sell to Director, 8,035 of the Company’s Capital Units at a price of approximately $31.11 per Unit and (ii) the Company will grant to Director
10,000 of the Company’s Incentive Units at no cost per Unit. Such Incentive Units shall be Series 4 Incentive Units and shall be subject to the vesting requirements described herein. Each Incentive Unit shall have an initial Capital
Contribution for such Incentive Unit equal to zero and an initial Participation Threshold of $32.08. The Participation Threshold with respect to each Incentive Unit is subject to adjustment from time to time as set forth in the LLC Agreement. The
Company will deliver to Director a copy of the certificate(s) representing such Director Securities, and Director will deliver to the Company (x) a cashier’s or certified check or wire transfer of immediately available funds in an
aggregate amount equal to $250,000.00 as payment for such Director Securities, (y) an executed counterpart signature page to each of the Securityholders Agreement and the Registration Rights Agreement as an “Other Securityholder”

 
thereunder, and (z) an executed counterpart signature page to the LLC Agreement (clauses (y) and (z) collectively, the “Transaction Documents”). Both the Director
Capital Units and the Incentive Units are Common Units. 
 (b)        Subsequent
Closings. If, from time to time after the Closing, the Investors make subsequent Capital Contributions to the Company in respect of Common Units acquired by the Investors pursuant to the GTCR Unit Purchase Agreement (each such subsequent Capital
Contribution, a “Subsequent Contribution”), Director will, concurrently with each such Subsequent Contribution, make an additional Capital Contribution to the Company in respect of the Director Capital Units, by wire transfer of
funds or certified or cashier’s check, in an amount equal to (i) $302,882, multiplied by (ii) a fraction (x) the numerator of which will be the Capital Contributions to the Company to be made by the Investors in respect of
Common Units in connection with such Subsequent Contribution and (y) the denominator of which will be $300,000,000; provided, that in no event shall the aggregate amount of all Capital Contributions to the Company made by Director
hereunder (including at the Closing and pursuant to this Section 1(b)) exceed $302,882. In connection with any such Subsequent Contribution pursuant to this Section 1(b), the Company will update the Unit Ledger
to the LLC Agreement to reflect such additional Capital Contribution. To the extent that, after the date hereof, any Person (other than any Investor) assumes or otherwise agrees to perform all or part of the obligations of the Investors under
Section 1(b)(ii) of the GTCR Unit Purchase Agreement, any Capital Contribution made by such Person in connection with a Subsequent Contribution shall be treated as having been made by the Investors for purposes of this
Section 1(b). 
 (c)        83(b) Election. Within 30
days after the acquisition of the Incentive Units at the Closing, Director will make an effective election (an “83(b) Election”) with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code of 1986, as
amended, and the regulations promulgated thereunder in the form of Exhibit A attached hereto. 

(d)        Certificates. Until released upon the occurrence of a Sale of the
Company, all certificates evidencing the Director Securities shall be held, subject to the other terms of this Agreement and the Securityholders Agreement, by the Company for the benefit of Director and the other holder(s) of the Director
Securities. Upon the occurrence of a Sale of the Company, subject to the provisions of the LLC Agreement (including Section 12.1 thereof), the Company will return all certificates in its possession evidencing the Director Securities to the
record holders thereof or, subject to Section 1(h), to the appropriate acquirer thereof. 

(e)        Regulation D; Rule 701. The issuance of the Director Securities to
Director hereunder is intended to be exempt from registration under the Securities Act pursuant to Regulation D or Rule 701 hereunder. 

(f)        Representations and Warranties. In connection with the transactions
contemplated by Section 1 above, Director represents and warrants to the Company that: 

(i)        Director possesses all requisite capacity, power and
authority to enter into and perform Director’s obligations under this Agreement; 

(ii)        this Agreement constitutes the legal, valid and binding
obligation of Director, enforceable in accordance with its terms, and the execution, delivery and 

  
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performance of this Agreement by Director does not and will not conflict with, violate or cause a breach of any agreement, contract or instrument to which Director is a party or any judgment,
order or decree to which Director is subject; 

(iii)        except as set forth on Exhibit B attached hereto,
Director is neither party to, nor bound by, any other employment agreement, consulting agreement, non-compete agreement, non-solicitation agreement or confidentiality
agreement or any other agreement which could impair or interfere with Director’s obligations hereunder; 

(iv)        Director hereby acknowledges and agrees that
(A) there is no current public market for the Director Securities, none is expected to develop and the Director Securities are subject to substantial restrictions on transferability, and (B) as a result of such matters and other factors,
the Director Securities are difficult to value; 
 (v)        the
Director Securities to be acquired by Director pursuant to this Agreement will be acquired for Director’s own account and not with a view to, or intention of, distribution thereof in violation of the Securities Act, or any applicable state
securities laws, and the Director Securities will not be disposed of in contravention of the Securities Act or any applicable state securities laws; 

(vi)         Director is able to bear the economic risk of
Director’s investment in the Director Securities for an indefinite period of time because the Director Securities have not been registered under the Securities Act or applicable state securities laws and are subject to substantial restrictions
on Transfer set forth herein and in the LLC Agreement, and, therefore, cannot be sold unless subsequently registered under the Securities Act and applicable state securities laws, or an exemption from such registration is available, and in
compliance with such restrictions on Transfer; 

(vii)        Director has had an opportunity to ask questions and
receive answers concerning the terms and conditions of the Transaction Documents (in particular, with respect to the distribution provisions set forth in the LLC Agreement) and the offering of Director Securities and has had full and free access and
opportunity to inspect, review, examine and inquire about all financial and other information concerning the Company as Director has requested; 

(viii)        Director understands and agrees that (A) the
investment in the Company involves a high degree of risk, (B) in the future the Director Securities may significantly increase or decrease in value, and (C) no guarantees or representations have been made or can be made with respect to the
future value of the Director Securities or the future profitability or success of the Company; 

(ix)        Director acknowledges and agrees that (A) the
Company and its Subsidiaries may incur in the future a substantial amount of senior or other indebtedness and (B) there may be additional issuances of Common Units or other Equity Securities after the date hereof and the equity interests of
Director may be diluted in connection with any such issuance, subject to the terms of the LLC Agreement and the Securityholders Agreement; 

  
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 (x)        Director
has had an opportunity to consult Director’s own tax counsel as to the U.S. federal, state, local and foreign tax consequences of the transactions contemplated by the Transaction Documents and independent legal counsel regarding Director’s
rights and obligations under the Transaction Documents and fully understands the terms and conditions contained herein and therein. Director is not relying on the Company or any of its or its Subsidiaries’ or Affiliates’ employees, agents
or representatives with respect to the legal, tax, economic, and related considerations of an investment in the Director Securities; 

(xi)        Director is an “accredited investor” within the
meaning of Rule 501 of Regulation D of the Securities and Exchange Commission and is sophisticated in financial matters and is able to evaluate the risks and benefits of the investment in the Director Securities; and 

(xii)        Director is a resident of the State set forth in
Director’s address for notices in Section 9 hereof. 

(g)        Director Acknowledgment. As an inducement to the Company to issue
the Director Securities to Director, and as a condition thereto, Director acknowledges and agrees that neither the issuance of the Director Securities to Director nor any provision contained in this Agreement shall entitle Director to remain a
director of the Company or its Subsidiaries or affect the right of the Company or its Subsidiaries to terminate Director’s service to the Company at any time for any reason. 

(h)        Security Powers. Concurrently with the execution of this Agreement,
Director shall execute in blank ten security transfer powers in the form of Exhibit C attached hereto (the “Security Powers”) with respect to the Director Securities and shall deliver such Security Powers to the Company. The
Security Powers shall authorize the Company to assign, Transfer and deliver the Director Securities to the appropriate acquirer thereof pursuant to Section 3 below or Section 8.2 of the LLC Agreement and under no other
circumstances. 
 (i)        Spousal Consent. Concurrently with the
execution of this Agreement, if Director is lawfully married, Director’s spouse shall execute the Consent in the form of Exhibit D attached hereto. 

(j)        Certain Covenants. Director acknowledges that Director has not
breached, and that Director will continue to fully comply with, the covenants referenced on Exhibit B attached hereto and set forth in Exhibit E attached hereto. 

2.         Vesting of Incentive Units. 

(a)        The Director Capital Units shall not be subject to vesting and shall be
fully vested upon purchase. The Incentive Units shall be subject to vesting in the manner specified in this Section 2. Except as otherwise provided in this Section 2, the Incentive Units shall vest 20% on each
of the first five anniversaries of the Reference Date (such that the Incentive Units shall become 100% vested on the fifth anniversary of the Reference Date), if as of each such date Director is, and since the Closing continuously has been, a member
of the Board. 

  
 - 4 - 

 (b)        Sale of the
Company. Upon the occurrence of a Sale of the Company, all Incentive Units which have not yet become vested shall become vested as of the date of consummation of such Sale of the Company, if, as of such date, Director has been continuously
member of the Board or any of its Subsidiaries from the Reference Date through and including such date, subject to the provisions of this Section 2(b). 

(c)        All Incentive Units which have become vested hereunder, if any, are
collectively referred to herein as the “Vested Incentive Units.” All Incentive Units which have not become vested hereunder, if any, are collectively referred to herein as the “Unvested Incentive Units.” 

3.         Forfeiture and Repurchase Option. 

(a)        Forfeiture; Repurchase Option. In the event of a Separation,
(i) all Unvested Incentive Units (whether held by Director or one or more of Director’s transferees, other than the Company and the Investors) automatically (without any action by Director or any of Director’s transferees) will be
forfeited to the Company and deemed canceled and no longer outstanding without any payment therefor, and (ii) all Vested Incentive Units (whether held by Director or one or more of Director’s transferees, other than the Company and the
Investors) will be subject to a right of repurchase by the Company and the Investors pursuant to the terms and conditions in this Section 3 (the “Repurchase Option”). The Company may assign its repurchase
rights set forth in this Section 3 to any Person; provided that if there is a Subsidiary Public Offering and the securities of such Subsidiary are distributed to the members of the Company, then such Subsidiary will
be treated as the Company for purposes of this Section 3 with respect to any repurchase of the securities of such Subsidiary. 

(b)        Purchase Price. In the event of a Separation, the purchase price
for each Vested Incentive Unit will be the Fair Market Value of such Unit. The Fair Market Value of any Unit for purposes of this Section 3 shall be the Fair Market Value of such Unit as of the first date of delivery of the
Repurchase Notice or Supplemental Repurchase Notice, as the case may be, pursuant to Section 3(c) or Section 3(d). 

(c)        Repurchase Notice. The Company may elect to purchase all or any
portion of the Vested Incentive Units pursuant to this Section 3 by delivering written notice (the “Repurchase Notice”) to the holder or holders of such securities within seven (7) months after the
Separation. The Repurchase Notice will set forth the number of Vested Incentive Units to be acquired from each holder, the aggregate consideration to be paid for such Units and the time and place for the closing of the transaction. 

(d)        Supplemental Repurchase Notice. If for any reason the Company does
not elect to purchase all of the Vested Incentive Units pursuant to the Repurchase Option, the Investors shall be entitled to exercise the Repurchase Option for all or any portion of the Vested Incentive Units which the Company has not elected to
purchase (the “Available Securities”). As soon as practicable after the Company has determined that there will be Available Securities, but in any event before the date that is six (6) months and one day after the Separation,
the Company shall give written notice (the “Option Notice”) to the Investors setting forth the number of Available Securities and the purchase price for the Available Securities. The Investors may elect to purchase any or all of the
Available Securities by giving written notice to the Company within 

  
 - 5 - 

 
seven (7) months after the Separation. If the Investors elect to purchase an aggregate number of any class of Available Securities greater than the number of Available Securities of such
class, the Available Securities of such class shall be allocated among the Investors based upon the number of Units of such class owned by each Investor. As soon as practicable, and in any event within ten (10) days after the expiration of the
seven (7)-month period set forth above, the Company shall notify each holder of Director Securities as to the number of Units of each class being purchased from such holder by the Investors (the “Supplemental Repurchase Notice”). At
the time the Company delivers the Supplemental Repurchase Notice to the holder(s) of Director Securities, the Company shall also deliver written notice to each Investor setting forth the number of Units of each class such Investor is entitled to
purchase, the aggregate purchase price and the time and place of the closing of the transaction. 

(e)        Closing of Repurchase. The closing of the purchase
of the Vested Incentive Units pursuant to the Repurchase Option shall take place on the date designated by the Company in the Repurchase Notice or Supplemental Repurchase Notice, which date shall not be more than one (1) month nor less than
five (5) days after the delivery of the later of either such notice to be delivered. The Company will pay for the Vested Incentive Units to be purchased by it pursuant to the Repurchase Option by first offsetting amounts outstanding under any
bona fide debts owed by Director to the Company or any of its Subsidiaries, and will pay the remainder of the purchase price by, at its option, (i) a check or wire transfer of funds, (ii) the issuance of a subordinated promissory note of
the Company or a Subsidiary of the Company payable in up to three (3) annual installments beginning on the first anniversary of the closing of such repurchase and bearing interest (payable quarterly) at a per annum rate equal to eight percent
(8%), (iii) the issuance in exchange for such securities of a number of a new class or series of Units or other Company Equity Securities that are senior to the other existing Units and bearing a yield of eight percent (8%) per annum, compounded
quarterly, or (iv) any combination of (i), (ii) and (iii) as the Board may elect in its discretion. Each Investor will pay for the Vested Incentive Units purchased by it by a check or wire transfer of funds. The Company and the Investors
will be entitled to receive customary representations and warranties from the sellers regarding such sale and to require that all sellers’ signatures be guaranteed. Notwithstanding the foregoing, the Company may, at its option, effect
repurchases as contemplated by Section 4.6 of the LLC Agreement. 

(f)        Restrictions on Repurchase. Notwithstanding
anything to the contrary contained in this Agreement, all repurchases of Director Securities by the Company pursuant to the Repurchase Option and all payments of principal and interest on any promissory note issued pursuant to
Section 3(e)(ii) shall be subject to applicable restrictions contained in the Delaware Limited Liability Company Act, the Delaware General Corporation Law or such other governing corporate or limited liability company law,
and in the Company’s and its Subsidiaries’ debt and equity financing agreements. If any such restrictions prohibit (i) the repurchase of Vested Incentive Units hereunder which the Company is otherwise entitled or required to make,
(ii) dividends or other transfers of funds from one or more Subsidiaries to the Company to enable such repurchases or (iii) the payment of principal or interest required to be paid on any promissory note issued pursuant to
Section 3(e)(ii), then the Company (or the corporate successor to the Company, if applicable) may make such repurchases and may pay amounts due on such note as soon as it is permitted to make repurchases, pay such amounts
or receive funds from Subsidiaries under such restrictions. 

  
 - 6 - 

 (g)        Revocation. If
the Fair Market Value of the Vested Incentive Units is finally determined to be an amount at least ten percent (10)% greater than the per Unit repurchase price for such Unit of Vested Incentive Units in the Repurchase Notice or in the Supplemental
Repurchase Notice, each of the Company and the Investors shall have the right to revoke its exercise of the Repurchase Option for all or any portion of the Vested Incentive Units elected to be repurchased by it by delivering notice of such
revocation in writing to the holders of the Vested Incentive Units during the thirty (30)-day period beginning on the date that the Company and/or the Investors are given written notice that the Fair Market
Value of a Unit of the Vested Incentive Units was finally determined to be an amount at least ten percent (10)% greater than the per Unit repurchase price for the Vested Incentive Units set forth in the Repurchase Notice or in the Supplemental
Repurchase Notice. 
 (h)        Default Event. Notwithstanding anything to
the contrary contained in this Agreement, in the event Director fails, for any reason, to make all or any portion of any Capital Contribution to the Company that Director is required to make pursuant to Section 1(b) (a
“Default Event”), a portion of Director Capital Units equal to the difference between (i) the number of Capital Units then owned by Director (whether held by Director or one or more of Director’s transferees, other than
the Company and the Investors) minus (ii) a number of Capital Units equal to the aggregate amount of Capital Contributions made by Director as of such Default Event divided by a per Unit purchase price equal to (x) the sum of all
Capital Contributions made with respect to all outstanding Capital Units immediately following such Default Event divided by (y) the total number of outstanding Capital Units immediately following such Default Event, will automatically
(without any action by Director or any of Director’s transferees) be forfeited to the Company and deemed canceled and no longer outstanding without any payment therefor; provided that, following such forfeiture and cancellation, the
Capital Contributions with respect to each Capital Unit still held by Director shall be adjusted to be an amount equal to (A) the aggregate amount of Capital Contributions made by Director as of such Default Event divided by (B) the
total number of Capital Units held by Director immediately following such forfeiture and cancellation. Notwithstanding anything to the contrary in this Agreement, the provisions of this Section 3(h) shall be the
Company’s sole recourse against Director with respect to a Default Event. 

(i)        Certificates. Promptly upon the forfeiture of any Units pursuant to
this Section 3 (whether held by Director or one of Director’s transferees, other than the Company and the Investors), Director and Director’s transferees shall return the certificates, if any, evidencing such
Units to the Company and the Company shall mark as canceled all such certificates evidencing such forfeited Units. 

(j)        Termination. The provisions of this
Section 3 will terminate with respect to all Director Securities upon the consummation of a Sale of the Company. 

4.         Restrictions on Transfer of Director Securities. 

(a)        Transfers in a Public Sale. In addition to the restrictions on
transfer set forth in the LLC Agreement, the Registration Rights Agreement and any agreement executed pursuant thereto, a holder of Director Securities may only sell Common Stock in a Public Sale if such Common Stock is vested and to the extent
that, before and after giving effect to such sale, the Director Cumulative Sale Percentage would be equal to or less than the Investor Cumulative 

  
 - 7 - 

 
Sale Percentage. Except as set forth in the prior sentence, the Director Securities may not be Transferred in a Public Sale. 

(b)        Legend. In addition to the legend(s) required by the LLC Agreement,
each certificate evidencing the Director Securities and each certificate issued in exchange for or upon the Transfer of any Director Securities (if such securities remain Director Securities as defined herein after such Transfer) shall be stamped or
otherwise imprinted with a legend in substantially the following form: 
 “THE SECURITIES
REPRESENTED BY THIS CERTIFICATE ARE ALSO SUBJECT TO ADDITIONAL RESTRICTIONS ON TRANSFER, CERTAIN REPURCHASE OPTIONS, CERTAIN FORFEITURE PROVISIONS AND CERTAIN OTHER AGREEMENTS SET FORTH IN AN INVESTMENT AND DIRECTOR COMPENSATION SECURITIES AGREEMENT
BETWEEN THE COMPANY AND AN DIRECTOR OF THE COMPANY AND OTHER PARTIES, DATED AS OF JANUARY 1, 2017, AS AMENDED. A COPY OF SUCH AGREEMENT MAY BE OBTAINED BY THE HOLDER HEREOF AT THE COMPANY’S PRINCIPAL PLACE OF BUSINESS WITHOUT CHARGE.”

 The Company shall imprint such legend on certificates evidencing Director Securities outstanding prior to the date hereof. The legend set
forth above shall be removed from the certificates evidencing any securities which cease to be Director Securities. 

5.         Board of Managers. 

(a)        Service. Director agrees to serve on the Board for the period (the
“Board Period”) commencing as of the Reference date and ending upon his separation pursuant to Section 5(c) hereof (a “Separation”). 

(b)        Director Compensation. Commencing on the Reference Date and
continuing until the cessation of the Board Period, in consideration for Director’s service as a member of the Board, Director will be paid director fees in the aggregate amount of $10,000.00 per Board meeting attended (as reduced in accordance
with this Section 5(b) (as applicable), the “Director Fees”); provided that, for any Board meeting that Director attends telephonically and not in person, the Company will only be required to pay $5,000.00
in Director Fees to Director for such Board Meeting. The Company or its designee will reimburse Director for all reasonable out-of-pocket travel expenses incurred in
connection with Director’s attendance at meetings of the Board, in accordance with the Company’s expense reimbursement policy in effect from time to time. 

(c)        Separation. The Board Period will continue until (i) Director
resigns from the Board, (ii) Director’s death or disability or (iii) the Board or any Investor removes Director from the Board. 

6.         Confidential Information. 

  
 - 8 - 

 (a)        Obligation to
Maintain Confidentiality. Director acknowledges that the information, observations and data (including trade secrets) obtained by him during the course of his directorship with the Company and its Subsidiaries concerning the business or affairs
of the Company and its Subsidiaries and Affiliates (“Confidential Information”) are the property of the Company or such Subsidiaries and Affiliates, including information concerning acquisition opportunities in or reasonably related
to the Company’s and its Subsidiaries’ business or industry of which Director becomes aware during the Board Period. Therefore, Director agrees that he will not disclose to any unauthorized Person or use for his own account any
Confidential Information without the Board’s written consent, unless and to the extent that the Confidential Information, (i) becomes generally known to and available for use by the public other than as a result of Director’s acts or
omissions to act or (ii) is required to be disclosed pursuant to any applicable law or court order. Director shall deliver to the Company at a Separation, or at any other time the Company may request, all memoranda, notes, plans, records,
reports, computer tapes, printouts and software and other documents and data (and copies thereof) relating to the Confidential Information or the business of the Company and its Subsidiaries and Affiliates (including all acquisition prospects, lists
and contact information) which he may then possess or have under his control. 

(b)        Third Party Information. Director understands that the Company and
its Subsidiaries and Affiliates will receive from third parties confidential or proprietary information (“Third Party Information”) subject to a duty on the Company’s and its respective Subsidiaries and Affiliates’ part to
maintain the confidentiality of such information and to use it only for certain limited purposes. During the Board Period and thereafter, and without in any way limiting the provisions of Section 6(a) above, Director will
hold Third Party Information in the strictest confidence and will not disclose to anyone (other than personnel and consultants of the Company or its Subsidiaries and Affiliates who need to know such information in connection with their work for the
Company or its Subsidiaries and Affiliates) or use, except in connection with his work as a director for the Company or its Subsidiaries and Affiliates, Third Party Information unless expressly authorized by a member of the Board (other than
Director) in writing. 
 (c)        Use of Information of Prior Employers.
During the Board Period, Director will not improperly use or disclose any confidential information or trade secrets, if any, of any former employers or any other Person to whom Director has an obligation of confidentiality, and will not bring onto
the premises of the Company or any of its Subsidiaries or Affiliates any unpublished documents or any property belonging to any former employer or any other Person to whom Director has an obligation of confidentiality unless consented to in writing
by the former employer or Person. Director will use in the performance of his duties only information which is (i) generally known and used by persons with training and experience comparable to Director’s and which is (x) common
knowledge in the industry or (y) is otherwise legally in the public domain, (ii) is otherwise provided or developed by the Company or any of its Subsidiaries or Affiliates or (iii) in the case of materials, property or information
belonging to any former employer or other Person to whom Director has an obligation of confidentiality, approved for such use in writing by such former employer or Person. In furtherance of the foregoing, concurrently with the execution of this
Agreement, Director shall execute and deliver to the Company a certificate in the form of Exhibit E attached hereto. 

  
 - 9 - 

    7.        Noncompetition and Nonsolicitation. Director
acknowledges that during the Board Period he will become familiar with the Company’s and its Subsidiaries’ trade secrets and with other confidential information concerning the Company and such Subsidiaries and that his services will be of
special, unique and extraordinary value to the Company and such Subsidiaries. Therefore, Director agrees that: 

(a)        Noncompetition. During the Board Period and the two (2)-year period
immediately following the Board Period (such period, together with the Board Period, is referred to herein as the “Restricted Period”), Director shall not engage in any Competitive Activities, other than Permitted Activities. For
the purposes of this Agreement, “Competitive Activities” means Director engaging, or causing or directing any Person to engage, directly or indirectly, as a principal, agent, shareholder, investor, employer, partner, director,
officer, employee, consultant, member, joint venturer, manager, lender, consultant or operator of, or owning 5% or more of, any business or company at any particular time which is engaged in the Company Business. For the purposes of this Agreement,
“Permitted Activities” means Director’s (i) continuing ownership in, or participation and membership on the board of directors, board of managers or similar governing body of, an entity in which Director owns an interest or for
which he serves in a director, manager or similar capacity prior to the time such entity becomes engaged in the Company Business, which as of the date hereof are those board memberships set forth on Annex I; (ii) serving as the chief
executive officer or in a senior management position of an entity engaged in the Company Business (A) which derives no more than 5% of its annual revenue on a consolidated basis from the Company Business and (B) provided that Director does
not have direct supervisory authority or day-to-day managerial responsibilities regarding the division or subsidiary engaged in the Company Business. 

(b)        Nonsolicitation. During the Restricted Period, Director shall not
directly or indirectly through another entity (i) induce or attempt to induce any employee of the Company or any of its Subsidiaries to leave the employ of the Company or such Subsidiary, or in any way interfere with the relationship between
the Company or any of its Subsidiaries and any employee thereof, (ii) hire any employee of the Company or any of its Subsidiaries or hire any former employee of the Company or any of its Subsidiaries within one year after such person ceased to
be an employee of the Company or any of its Subsidiaries or (iii) induce or attempt to induce any customer, supplier, licensee or other business relation of the Company or any of its Subsidiaries to cease doing business with the Company or such
Subsidiary or in any way interfere with the relationship between any such customer, supplier, licensee or business relation and the Company or any such Subsidiary to the extent such inducement, interference or solicitation relates to Director
conducting or engaging in Competitive Activities; provided, that the foregoing shall not restrict Director from (A) engaging in general solicitation efforts not specifically targeted at any such employee, or (B) hiring any employee
of the Company or such Subsidiary who responds to any such regular solicitation effort without any other inducement to leave the employ of the Company or any of its Subsidiaries. 

(c)        Enforcement. If, at the time of enforcement of
Section 6 or this Section 7, a court holds that the restrictions stated herein are unreasonable under circumstances then existing, the parties hereto agree that the maximum duration, scope or geographical area
reasonable under such circumstances shall be substituted for the stated period, scope or area and that the court shall be allowed to revise the restrictions contained herein to cover the maximum 

  
 - 10 - 

 
duration, scope and area permitted by law. Because Director’s services are unique and because Director has access to confidential information, the parties hereto agree that money damages
would be an inadequate remedy for any breach of this Agreement. Therefore, in the event a breach or threatened breach of this Agreement, the Company or its Subsidiaries and/or its successors or assigns may, in addition to other rights and remedies
existing in their favor, subject to Section 10(g), apply to any court of competent jurisdiction for specific performance and/or injunctive or other relief in order to enforce, or prevent any violations of, the provisions hereof (without
posting a bond or other security). In the event that Director breaches any provision of this Section 7, then the Restricted Period shall be extended for a period of time equal to the period of time during which such breach occurred and,
in the event that the Company or any of its Subsidiaries is required to seek relief from such breach in any court, then the Restricted Period shall be extended for a period of time equal to the pendency of such proceedings, including all appeals.

 (d)        Additional Acknowledgments. Director acknowledges that the
provisions of this Section 7 are in consideration of: (i) board membership with the Company, (ii) the issuance of the Director Securities and (iii) additional good and valuable consideration as set forth in
this Agreement. In addition, Director agrees and acknowledges that the restrictions contained in Section 6 and this Section 7 do not preclude Director from earning a livelihood, nor do they
unreasonably impose limitations on Director’s ability to earn a living. In addition, Director acknowledges (x) that the business of the Company and its Subsidiaries will be conducted throughout the United States and other jurisdictions
where the Company or any of its Subsidiaries conduct business during the Board Period, and (y) notwithstanding the state of organization or principal office of the Company or any of its Subsidiaries, or any of its respective executives or
employees, it is expected that the Company and its Subsidiaries will have business activities and have valuable business relationships within its industry throughout the United States and other jurisdictions where the Company or any of its
Subsidiaries conduct business during the Board Period. Director agrees and acknowledges that the potential harm to the Company and its Subsidiaries of the non-enforcement of any provision of
Section 6 or this Section 7 outweighs any potential harm to Director of its enforcement by injunction or otherwise. The covenants contained in each of Sections 6(a), 6(b),
6(c), 7(a) and 7(b) may be enforced independently and without any one or more of such sections limiting the provisions of any one or more of the other of such sections. Director acknowledges that he has carefully read this
Agreement and consulted with legal counsel of his choosing regarding its contents, has given careful consideration to the restraints imposed upon Director by this Agreement and is in full accord as to their necessity for the reasonable and proper
protection of confidential and proprietary information of the Company or any of its Subsidiaries now existing or to be developed in the future. Director expressly acknowledges and agrees that each and every restraint imposed by this Agreement is
reasonable with respect to subject matter, time period and geographical area. 
 GENERAL PROVISIONS 

 

	 	8.	 Definitions. 

“Board” means the Company’s board of managers. 

  
 - 11 - 

 “Common Stock” means, collectively, (a) following the
organization of a corporation and reorganization or recapitalization of the Company into such corporation as provided in Section 12.1 of the LLC Agreement, the common equity securities of such corporation and any other class or series of
authorized capital stock of such corporation that is not limited to a fixed sum or percentage of par or stated value in respect of the rights of the holders thereof to participate in dividends or in the distribution of assets upon any liquidation,
dissolution or winding up of such corporation, and (b) any common stock of a Subsidiary of either the Company or such corporation distributed by the Company or such corporation to its unitholders or shareholders, as applicable. 

“Company Business” means the business of providing those services or distributing, manufacturing, selling or
otherwise providing those products set forth on Annex II attached hereto which the Company and its Subsidiaries actually provide as of the date hereof. 

“Director Cumulative Sale Percentage” means, on any date of determination, a percentage equal to the
quotient of (a) the aggregate number of shares of Common Stock sold by Director and/or Director’s Permitted Transferees in Public Sales from and including the consummation of the Company’s initial Public Offering and to and including
such date, divided by (b) the aggregate number of shares of Common Stock held by Director and Director’s Permitted Transferees upon the consummation of the Company’s initial Public Offering. 

“Director Securities” means all Common Units (including all Capital Units Incentive Units) at any time held
or acquired by Director. Director Securities will continue to be Director Securities in the hands of any holder other than Director (except for the Company and the Investors and except for transferees in a Public Sale), and except as otherwise
provided herein, each such other holder of Director Securities will succeed to all rights and obligations attributable to Director as a holder of Director Securities hereunder. Director Securities will also include equity of the Company (or a
corporate successor to the Company or a Subsidiary of the Company) issued with respect to Director Securities (a) by way of a Unit split, Unit distribution, conversion, or other recapitalization, (b) by way of reorganization or
recapitalization of the Company in connection with the incorporation of a corporate successor prior to a Public Offering or (c) by way of a distribution of securities of a Subsidiary of the Company to the members of the Company following or
with respect to a Subsidiary Public Offering. Notwithstanding the foregoing, all Unvested Incentive Units shall remain Unvested Incentive Units after any Transfer thereof (other than to the Company or any of the Investors). 

“Fair Market Value” of each Unit of Director Securities means the fair value of such Director Securities as
determined in good faith by the Board (other than the Director) applying the provisions of Sections 11.2(a)(ii) and 11.2(b) of the LLC Agreement. 

“Investor Cumulative Sale Percentage” means, on any date of determination, a percentage equal to the
quotient of (a) the aggregate number of shares of Common Stock sold by the Investors in Public Sales from and including the consummation of the Company’s initial Public Offering and to and including such date, divided by
(b) the aggregate number of shares of Common Stock held by the Investors upon the consummation of the Company’s initial Public Offering. 

  
 - 12 - 

 “LLC Agreement” means the Second Amended and Restated
Limited Liability Company Agreement of the Company, dated as of April 5, 2016, as amended or modified from time to time in accordance with its terms. 

“Reference Date” means January 1, 2017. 

“Securityholders Agreement” means the Amended and Restated Securityholders Agreement, dated as of
April 5, 2016, by and among the Company and the other parties signatories thereto as amended or modified from time to time in accordance with its terms. 

9.          Notices. All notices, demands or other communications to
be given or delivered under or by reason of the provisions of this Agreement shall be in writing and shall be deemed to have been given when (a) delivered personally to the recipient, (b) sent to the recipient by reputable express courier
service (charges prepaid), (c) mailed to the recipient by certified or registered mail, return receipt requested and postage prepaid, or (d) telecopied or e-mailed to the recipient (with hard copy sent to the recipient by reputable overnight
courier service (charges prepaid) that same day) if telecopied or e-mailed before 5:00 p.m. Chicago, Illinois time on a business day, and otherwise on the next business day. Such notices, demands and other communications shall be sent to the parties
at the addresses indicated below: 
  

					
	 If to Company:

		
	             
	 	 Maravai Life Sciences Holdings, LLC

		 	 c/o GTCR Management LLC

		 	 300 North LaSalle Street

		 	 Chicago, Illinois 60654

		 	 Facsimile:
	 	 (312) 382-2201

		 	 Attention:
	 	 Chief Executive Officer

	
	 with copies to:

		
		 	 GTCR Management LLC

		 	 300 North LaSalle Street

		 	 Chicago, Illinois 60654

		 	 Facsimile:
	 	 (312) 382-2201

		 	 Attention:
	 	 Constantine S. Mihas

		 		 	 Sean L. Cunningham

		 		 	 Benjamin J. Daverman

  
 - 13 - 

 
					
		 	 Kirkland & Ellis LLP

		 	 300 North LaSalle Street

		 	 Chicago, Illinois 60654

		 	 Facsimile:
	 	 (312) 862-2200

		 	 Attention:
	 	 Sanford E. Perl, P.C.

		 		 	 Michael H. Weed, P.C.

	
	 If to Director:

		
		 	 Robert B. Hance

		 	 Email: 

	
	 If to the Investors:

		
		 	 GTCR Management LLC

		 	 300 North LaSalle Street

		 	 Chicago, Illinois 60654

		 	 Facsimile:
	 	 (312) 382-2201

		 	 Attention:
	 	 Constantine S. Mihas

		 		 	 Sean L. Cunningham

		 		 	 Benjamin J. Daverman

	
	 with copies to:

		
		 	 Kirkland & Ellis LLP

		 	 300 North LaSalle Street

	             
	 	 Chicago, Illinois 60654

		 	 Facsimile:
	 	 (312) 862-2200

		 	 Attention:
	 	 Sanford E. Perl, P.C.

		 		 	 Michael H. Weed, P.C.

 or such other address or to the attention of such other Person as the recipient party shall have
specified by prior written notice to the sending party. 
  

	 	10.	 General Provisions. 

(a)        Transfers in Violation of Agreement. Any Transfer or attempted
Transfer of any Director Securities in violation of any provision of this Agreement shall be void, and the Company shall not record such Transfer on its books or treat any purported Transferee of such Director Securities as the owner of such equity
for any purpose. 
 (b)        Severability. Whenever possible, each
provision of this Agreement will be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule
in any jurisdiction, such invalidity, illegality or unenforceability will not affect any other provision or any other jurisdiction, but this Agreement will be reformed, 

  
 - 14 - 

 
construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein. 

(c)        Entire Agreement. This Agreement, those documents expressly
referred to herein and other documents of even date herewith embody the complete agreement and understanding among the parties hereto and supersede and preempt any prior understandings, agreements or representations by or among the parties hereto,
written or oral, which may have related to the subject matter hereof in any way. 

(d)        Descriptive Headings; Interpretation; No Strict Construction. The
descriptive headings of this Agreement are inserted for convenience only and do not constitute a substantive part of this Agreement. Whenever required by the context, any pronoun used in this Agreement shall include the corresponding masculine,
feminine, or neuter forms, and the singular form of nouns, pronouns, and verbs shall include the plural and vice versa. The use of the word “including” in this Agreement shall be by way of example rather than by limitation. Reference to
any agreement, document, or instrument means such agreement, document, or instrument as amended or otherwise modified from time to time in accordance with the terms thereof, and, if applicable, hereof. The use of the words “or,”
“either,” and “any” shall not be exclusive. The parties hereto have participated jointly in the negotiation and drafting of this Agreement. In the event an ambiguity or question of intent or interpretation arises, this Agreement
shall be construed as if drafted jointly by the parties hereto, and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any of the provisions of this Agreement. 

(e)        Counterparts. This Agreement may be executed in multiple
counterparts with the same effect as if all signing parties had signed the same document. All counterparts shall be construed together and constitute the same instrument. 

(f)        Successors and Assigns. Except as otherwise provided herein, this
Agreement shall bind and inure to the benefit of and be enforceable by Director, the Company, the Investors and their respective successors and assigns (including subsequent holders of Director Securities); provided that the rights and
obligations of Director under this Agreement shall not be assigned or delegated except for the assignment and delegation of Director’s rights and obligations hereunder as a holder of Director Securities in connection with a permitted Transfer
of Director Securities hereunder and under the other Transaction Documents. 

(g)        Applicable Law. This Agreement shall be governed by, and construed
in accordance with, the laws of the State of Delaware, without giving effect to any choice of law or conflict of law rules or provisions (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any
jurisdiction other than the State of Delaware. 
 (h)        Jurisdiction;
Venue; Service of Process. Each party hereto agrees that it shall bring any action between the parties hereto arising out of or related to this Agreement in the Court of Chancery of the State of Delaware (the “Court of
Chancery”) or, to the extent the Court of Chancery does not have subject matter jurisdiction, the United States District Court for the District of Delaware and the appellate courts having jurisdiction of appeals in such courts (the
“Delaware Federal Court”) or, to the extent neither the Court of Chancery nor the Delaware Federal Court has subject matter jurisdiction, the Superior Court of the State of Delaware (the

  
 - 15 - 

 
“Chosen Courts”), and, solely with respect to any such action (a) irrevocably submits to the exclusive jurisdiction of the Chosen Courts, (b) waives any objection to
laying venue in any such action in the Chosen Courts, (c) waives any objection that the Chosen Courts are an inconvenient forum or do not have jurisdiction over any party hereto and (d) agrees that service of any process, summons, notice
or document pursuant to Section 10 shall be effective service of process in any action, suit or proceeding in Delaware with respect to any matters to which it has submitted to jurisdiction as set forth in the immediately
preceding sentence. 
 (i)        MUTUAL WAIVER OF JURY TRIAL. BECAUSE
DISPUTES ARISING IN CONNECTION WITH COMPLEX TRANSACTIONS ARE MOST QUICKLY AND ECONOMICALLY RESOLVED BY AN EXPERIENCED AND EXPERT PERSON AND THE PARTIES HERETO WISH APPLICABLE STATE AND FEDERAL LAWS TO APPLY (RATHER THAN ARBITRATION RULES), THE
PARTIES HERETO DESIRE THAT THEIR DISPUTES BE RESOLVED BY A JUDGE APPLYING SUCH APPLICABLE LAWS. THEREFORE, TO ACHIEVE THE BEST COMBINATION OF THE BENEFITS OF THE JUDICIAL SYSTEM AND OF ARBITRATION, EACH PARTY TO THIS AGREEMENT HEREBY WAIVES ALL
RIGHTS TO TRIAL BY JURY IN ANY ACTION, SUIT, OR PROCEEDING BROUGHT TO RESOLVE ANY DISPUTE BETWEEN OR AMONG ANY OF THE PARTIES HERETO, WHETHER ARISING IN CONTRACT, TORT, OR OTHERWISE, ARISING IN CONTRACT, TORT OR OTHERWISE, ARISING OUT OF, CONNECTED
WITH, RELATED OR INCIDENTAL TO THIS AGREEMENT AND/OR THE TRANSACTIONS CONTEMPLATED HEREBY AND/OR THE RELATIONSHIP ESTABLISHED AMONG THE PARTIES HEREUNDER. 

(j)        Director’s Cooperation. During the Board Period and
thereafter, Director shall cooperate with the Company and its Subsidiaries and Affiliates in any disputes with third parties, internal investigation or administrative, regulatory or judicial proceeding as reasonably requested by the Company
(including Director being available to the Company upon reasonable notice for interviews and factual investigations, appearing at the Company’s request to give testimony without requiring service of a subpoena or other legal process,
volunteering to the Company all pertinent information and turning over to the Company all relevant documents which are or may come into Director’s possession, all at times and on schedules that are reasonably consistent with Director’s
other permitted activities and commitments). In the event the Company requires Director’s cooperation in accordance with this paragraph after the Board Period, the Company shall reimburse Director for reasonable travel expenses (including
lodging and meals, upon submission of receipts). 
 (k)        Remedies.
Each of the parties to this Agreement (and each of the Investors as third party beneficiaries) shall have all rights and remedies set forth in this Agreement and all rights and remedies which such Person has been granted at any time under any other
agreement or contract and all of the rights which such Person has under any law. Each of the parties to this Agreement will be entitled to enforce its rights under this Agreement specifically, to recover damages and costs caused by any breach of any
provision of this Agreement and to exercise all other rights existing in its favor. The parties hereto agree and acknowledge that money damages may not be an adequate remedy for any breach of the provisions of this Agreement and that any party may
in its sole discretion, but subject to Section 10(h), apply to any court of law or equity of competent jurisdiction (without posting any bond or deposit) for specific performance and/or

  
 - 16 - 

 
other injunctive relief in order to enforce or prevent any violations of the provisions of this Agreement. 

(l)        Amendment and Waiver. The provisions of this Agreement may be
amended and waived only with the prior written consent of the Company, Director and the Majority Holders (as defined in the GTCR Unit Purchase Agreement). No failure by any party to insist upon the strict performance of any covenant, duty,
agreement, or condition of this Agreement or to exercise any right or remedy consequent upon a breach thereof shall constitute a waiver of any such breach or any other covenant, duty, agreement, or condition. The waiver by any party of a breach of
any covenant, duty, agreement, or condition of this Agreement of any other party shall not operate or be construed as a waiver of any subsequent breach of that provision or any other provision hereof. 

(m)        Business Days. If any time period for giving notice or taking
action hereunder expires on a day which is a Saturday, Sunday or holiday in the state in which the Company’s chief executive office is located, the time period shall be automatically extended to the business day immediately following such
Saturday, Sunday or holiday. 
 (n)        Indemnification and Reimbursement of
Payments on Behalf of Director. The Company and its Subsidiaries shall be entitled to deduct or withhold from any amounts owing from the Company or any of its Subsidiaries to Director (including withholding shares or other equity securities in
the case of issuances of equity by the Company or any of its Subsidiaries) any federal, state, local or foreign withholding taxes, excise taxes, or employment taxes (“Taxes”) imposed with respect to Director’s compensation or
other payments from the Company or any of its Subsidiaries or Director’s ownership interest in the Company, including wages, bonuses, distributions, the receipt or exercise of equity options and/or the receipt or vesting of restricted equity.
In the event any such deductions or withholdings are not made, Director shall indemnify the Company or any of its Subsidiaries for any amounts paid with respect to any such Taxes, together with any interest, penalties and related expenses thereto.

 (o)        Termination. This Agreement shall survive a Separation and
shall remain in full force and effect after such Separation. 

(p)        Adjustments of Numbers. All numbers set forth herein that refer to
Unit prices or amounts will be appropriately adjusted to reflect Unit splits, Unit distributions, combinations of Units and other recapitalizations affecting the subject class of equity. 

(q)        Deemed Transfer of Director Securities. If the Company (and/or the
Investors and/or any other Person acquiring securities) shall make available, at the time and place and in the amount and form provided in this Agreement, the consideration for the Director Securities to be repurchased, in each case, in accordance
with the provisions of this Agreement, then from and after such time, the Person from whom such Units are to be repurchased shall no longer have any rights as a holder of such Units (other than the right to receive payment of such consideration in
accordance with this Agreement), and such Units shall be deemed purchased in accordance with the applicable provisions hereof and the Company (and/or the Investors and/or any other Person acquiring securities) shall be deemed the owner and holder of
such Units, whether or not the certificates therefor have been delivered as required by this Agreement. 

  
 - 17 - 

 (r)        No Pledge or Security
Interest. The purpose of the Company’s retention of Director’s certificates and executed security powers is solely to facilitate the provisions set forth in Section 3 herein and Section 8.2 of the LLC
Agreement and does not by itself constitute a pledge by Director of, or the granting of a security interest in, the underlying equity. 

(s)        Rights Granted to the Investors and their Affiliates. Any rights
granted to any of the Investors or any of their respective Affiliates hereunder may also be exercised (in whole or in part) by their designees. 

(t)        Subsidiary Public Offering. If, after or otherwise in connection
with consummation of a Subsidiary Public Offering, the Company distributes or otherwise transfers all or part of securities of such Subsidiary to members of the Company, then such securities will be treated in the same manner as (but excluding any
“preferred” features of the Units with respect to which they were distributed) the Units with respect to which they were distributed for purposes of Sections 1, 2, 3, and 4. 

(u)        Electronic Delivery. This Agreement, the agreements referred to
herein, and each other agreement or instrument entered into in connection herewith or therewith or contemplated hereby or thereby, and any amendments hereto or thereto, to the extent signed and delivered by means of a photographic, facsimile,
portable document format (.pdf), or similar reproduction of such signed writing using a facsimile machine or electronic mail shall be treated in all manner and respects as an original agreement or instrument and shall be considered to have the same
binding legal effect as if it were the original signed version thereof delivered in person. At the request of any party hereto or to any such agreement or instrument, each other party hereto or thereto shall
re-execute original forms thereof and deliver them to all other parties hereto. No party hereto or to any such agreement or instrument shall raise the use of a facsimile machine or electronic mail to deliver a
signature or the fact that any signature or agreement or instrument was transmitted or communicated through the use of a facsimile machine or electronic mail as a defense to the formation or enforceability of a contract and each such party forever
waives any such defense. 
 (v)        No Third-Party Beneficiaries. Except
as expressly provided herein, no term or provision of this Agreement is intended to be, or shall be, for the benefit of any Person not a party hereto, and no such other Person shall have any right or cause of action hereunder. 

*     *     *     *     * 

  
 - 18 - 

 IN WITNESS WHEREOF, the parties hereto have executed this Investment and
Director Compensation Agreement as of the date first above written. 
  

			
	MARAVAI LIFE SCIENCES HOLDINGS, LLC
		
	 By:
	 	 /s/ Eric Tardif
  

	 Name: Eric Tardif

	 Its: President

	
	MARAVAI LIFESCIENCES, INC.
		
	 By:
	 	 /s/ Eric Tardif 

	 Name: Eric Tardif 

	 Its: President

	
	 /s/ Robert B. Hance

	 Robert B. Hance

 By his signature above, Director also hereby agrees (a) to be a party to and to be bound by the LLC
Agreement, the Registration Rights Agreement and the Securityholders Agreement and (b) that the Director Securities issued hereunder shall be subject to the restrictions and obligations applicable thereto contained in the LLC Agreement, the
Registration Rights Agreement and the Securityholders Agreement. This signature page shall constitute a counterpart signature page to the LLC Agreement, the Registration Rights Agreement and the Securityholders Agreement, and Director shall be bound
by and shall comply with (i) the provisions of the LLC Agreement, including the power of attorney granted in Section 13.1 of the LLC Agreement, as a Unitholder and Additional Unitholder, (ii) the Registration Rights Agreement as an
Other Securityholder and (iii) the Securityholders Agreement as an Other Securityholder, in each case, in the same manner as if Director were an original signatory to such agreements. 

  
 Signature Page to
Investment and Director Compensation Agreement  

 IN WITNESS WHEREOF, the parties hereto have executed this Investment and
Director Compensation Agreement as of the date first above wriuen. 
  

			
	MARAVAI LIFE SCIENCES HOLDINGS, LLC
	
	By:                                   
                                         
   
	 Name:
	 	
	 Its:
	 	
	
	 MARAVAI LIFESCIENCES, INC

	
	
By:                      
                                         
                

	 Name:
	 	
	 Its:
	 	
	
	 /s/ Robert B. Hance

	 Robert B. Hance

 By his signature above, Director also hereby agrees (a) to be a party to and to be bound by the LLC
Agreement, the Registration Rights Agreement and the Securityholders Agreement and (b) that the Director Securities issued hereunder shall be subject to the restrictions and obligations applicable thereto contained in the LLC Agreement, the
Registration Rights Agreement and the Securityholders Agreement. This signature page shall constitute a counterpart signature page to the LLC Agreement, the Registration .Rights Agreement and the Securityholders Agreement, and Director shall be
bound by and shall comply with (i) the provisions of the LLC Agreement, including the power of attorney granted in Section 13.1 of the LLC Agreement, as a Unitholder and Additional Unitholder, (ii) the Registration Rights Agreement as
an Other Securityholder and (iii) the Securityholders Agreement as an Other (Securityholder, in each case, in the same manner as if Director were an original signatory to such agreements. 

 

  
 Signature Page to
Investment and Director Compensation Agreement 

 Each Investor, by signing below, acknowledges and accepts the rights granted to it as a
third party beneficiary of this Agreement under Sections 3, 9, and 10 hereof as set forth therein and no Investor shall have any liability or obligation under this Agreement as a result of its signature below: 

 

			
	 THE INVESTORS:

	
	 GTCR FUND XI/A LP

		
	 By:
	 	 GTCR Partners XI/A&C LP

	 Its:
	 	 General Partner

		
	 By:
	 	 GTCR Investment XI LLC

	 Its:
	 	 General Partner

		
	 By:
	 	 /s/ Constantine S. Mihas

	 Name:
	 	 Constantine S. Mihas

	 Its:
	 	 Principal

	
	 GTCR FUND XI/C LP

		
	 By:
	 	 GTCR Partners XI/A&C LP

	 Its:
	 	 General Partner

		
	 By:
	 	 GTCR Investment XI LLC

	 Its:
	 	 General Partner

		
	 By:
	 	 /s/ Constantine S. Mihas

	 Name:
	 	 Constantine S. Mihas

	 Its:
	 	 Principal

	
	 GTCR CO-INVEST XI LP

		
	 By:
	 	 GTCR Investment XI LLC

	 Its:
	 	 General Partner

		
	 By:
	 	 /s/ Constantine S. Mihas

	 Name:
	 	 Constantine S. Mihas

	 Its:
	 	 Principal

  
 Signature Page to
Investment and Director Compensation Agreement

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