Document:

EX-10.1

 Exhibit 10.1 

AMENDED AND RESTATED 

SPONSOR SHARES AND WARRANT SURRENDER AGREEMENT 

June 22, 2020 
 Leo Holdings Corp. 

21 Grosvenor Place 
 London, SW1X 7HF 

United Kingdom 
 Re: Surrender of Shares and Warrants 

Reference is made to that certain (i) Business Combination Agreement, dated as of April 23, 2020 (as it may be amended, restated or
otherwise modified from time to time, the “Business Combination Agreement”) among Leo Holdings Corp., a Cayman Islands exempted company (the “Company”), Digital Media Solutions Holdings, LLC, a Delaware limited
liability company (“DMS”), CEP V DMS US Blocker Company, a Delaware corporation, Prism Data, LLC, a Delaware limited liability company, CEP V-A DMS AIV Limited Partnership, a Delaware limited
partnership, Clairvest Equity Partners V Limited Partnership, an Ontario, Canada limited partnership, CEP V Co-Investment Limited Partnership, a Manitoba, Canada limited partnership, Clairvest GP Manageco
Inc., an Ontario corporation as a Seller Representative, and, solely for purposes of Section 1.1, Article VIII, Section 9.5(a) Section 9.14(f),
Section 9.14(i), Section 9.24, Article X and Article XI (and any corresponding definitions set forth in Annex I) of the Business
Combination Agreement, Leo Investors Limited Partnership, a Cayman limited partnership (“Sponsor”) and (ii) Sponsor Shares and Warrant Surrender Agreement, dated as of April 23, 2020 (the “Original Surrender
Agreement”), by and among the Company, Sponsor, Lori Bush (“Bush”), Robert Bensoussan (“Bensoussan”) and Mary Minnick (“Minnick” and together with Bush and Bensoussan, the
“Independent Directors”). The parties hereto desire to amend and restate the Original Surrender Agreement in its entirety as set forth in this letter agreement (this “Letter Agreement”). Capitalized terms used but
not otherwise defined herein shall have the meanings ascribed to such terms in the Business Combination Agreement. 
 In consideration of the foregoing and
for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and conditional upon the Business Combination Agreement being legally binding, and with the consummation of the transactions contemplated by the
Business Combination Agreement (other than those contemplated by paragraphs 1 to 3 of this Letter Agreement below) being conditions subsequent to the obligations of the parties to this Letter Agreement, the Sponsor, the Independent Directors and the
Company hereby agree that: 
  

	1.	 Immediately prior to, and conditioned upon, the consummation of the Domestication: 

(a)    the Sponsor shall automatically irrevocably surrender and forfeit to the Company for no consideration, as a
contribution to capital, 1,473,000 Class B Shares (as defined below) (“Sponsor Class B Shares”) and 2,000,000 warrants to purchase Class A ordinary shares of the Company (the “Forfeited
Warrants”); 

 (b)    the Sponsor shall automatically irrevocably surrender and forfeit
to the Company for no consideration, as a contribution to capital, an additional number of Class B Shares equal to (i)(A) the quotient of the Aggregate Lion Subscription Amount (as defined below) divided by (B) the Closing Date Market
Capitalization multiplied by (ii) 3,437,000 (such number of Class B Shares the “Additional Sponsor Class B Shares”). “Closing Date Market Capitalization” as used in the foregoing means an
amount equal to (1) the total number of issued and outstanding shares of Surviving Company Class A Common Stock on the date of the Closing multiplied by (2) the opening price per share of Surviving Company Class A Common Stock on
the date of the Closing. “Aggregate Lion Subscription Amount” as used in the foregoing means an amount equal to the sum of the “Aggregate Subscription Amount” as set forth in (x) the Subscription Agreement, dated as
of January 31, 2020, by and between the Company and Lion Capital (Guernsey) Bridgeco Limited, as may be amended and (y) the Subscription Agreement, dated as of February 5, 2020, by and between the Company and Lion Capital (Guernsey)
Bridgeco Limited, as may be amended. 
 (c)    Bush shall automatically irrevocably surrender and forfeit to the Company
for no consideration, as a contribution to capital, 9,000 Class B Shares (“Bush Class B Shares”); 

(d)    Bensoussan shall automatically irrevocably surrender and forfeit to the Company for no consideration, as a
contribution to capital, 9,000 Class B Shares (“Bensoussan Class B Shares”); 

(e)    Minnick shall automatically irrevocably surrender and forfeit to the Company for no consideration, as a
contribution to capital, 9,000 Class B Shares (“Minnick Class B Shares” and together with the Sponsor Class B Shares, Additional Sponsor Class B Shares, the Bush Class B Shares and the
Bensoussan Class B Shares, the “Forfeited Securities”); and 
 (f)    the Forfeited Securities and
the Forfeited Warrants shall be automatically and immediately cancelled. 
  

	2.	 Immediately following, and conditioned upon the consummation of the transactions described in paragraph 1
above, but prior to the Domestication, the Sponsor and each Independent Director hereby, automatically and without any further action by the Sponsor, the Independent Directors or the Company, irrevocably waives any adjustment to the conversion ratio
set forth in Article 17 of the Leo Governing Documents and any rights to other anti-dilution protections with respect to the rate that all of the Class B ordinary shares of the Company (“Class B Shares”) held
by Sponsor and such Independent Director convert into Class A ordinary shares of the Company (“Class A Shares”) in connection with the PIPE Investment and the transactions contemplated by the Business
Combination Agreement. 

  
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	3.	 Accordingly, following and conditioned upon the consummation of the transactions described in paragraphs 1 and
2 above, the Company, at any time when, in accordance with Article 17 of the Leo Governing Documents or the Surviving Company Certificate of Incorporation (as defined in the Business Combination Agreement) it issues Class A Shares or Surviving
Company Class A Common Stock (as defined in the Business Combination Agreement), as applicable, to holders of Class B Shares, shall not issue to Sponsor or any of the Independent Directors any Class A Shares or Surviving Company
Class A Common Stock, as applicable, with respect to their respective Class B Shares at a ratio that is greater than one-for-one. 

 

	4.	 The Sponsor hereby represents and warrants to the Company as of the date hereof as follows:

  

	 	(i)	 The Sponsor owns free and clear of all Encumbrances 4,910,000 Class B Shares. 

(ii)    There are no voting trusts, proxies, partnership or other Contracts with a limited partner or general partner of
the Sponsor, investors’ rights Contracts, right of first refusal or co-sale Contracts, or registration rights Contracts or other agreements or understandings to which the Sponsor is bound, in each case
with respect to voting of any equity interest of the Sponsor. 
 (iii)    The Sponsor has all requisite power and
authority to execute and deliver this Letter Agreement and to consummate the transactions contemplated hereby and to perform all of its obligations hereunder. The execution and delivery of this Letter Agreement have been, and the consummation of the
transactions contemplated hereby has been, duly authorized by all requisite action by the Sponsor. This Letter Agreement has been duly and validly executed and delivered by the Sponsor and, assuming this Letter Agreement has been duly authorized,
executed and delivered by the other parties hereto, this Letter Agreement constitutes, and upon its execution will constitute, a legal, valid and binding obligation of the Sponsor enforceable against it in accordance with its terms, subject to the
Enforceability Exceptions. 
  

	5.	 Each Independent Director, severally and not jointly, hereby represents and warrants to the Company as of the
date hereof as follows: 

  

	 	(i)	 Each Independent Director owns free and clear of all Encumbrances 30,000 Class B Shares.

 (ii)    There are no voting trusts, proxies, partnership or other Contracts with another Person,
investors’ rights Contracts, right of first refusal or co-sale Contracts, or registration rights Contracts or other agreements or understandings to which such Independent Director is bound, in each case
with respect to voting of any equity interest of such Independent Director. 
 (iii)    Such Independent Director has
all requisite power and authority to execute and deliver this Letter Agreement and to consummate the transactions contemplated hereby and to perform all of his or her obligations hereunder. This Letter Agreement has been duly and validly executed
and delivered by such Independent Director and, assuming this Letter Agreement has been duly authorized, executed and delivered by the other parties hereto, this Letter Agreement constitutes, and upon its execution will constitute, a legal, valid
and binding obligation of such Independent Director enforceable against him or her in accordance with its terms, subject to the Enforceability Exceptions. 

  
 3 

	6.	 Sections 12.3, 12.4, 12.5, 12.6, 12.7, 12.9, 12.10, 12.11 and 12.12 of the Business Combination Agreement are
incorporated by reference herein and shall apply hereto mutatis mutandis. DMS shall be an express third-party beneficiary to this Letter Agreement, and shall be entitled to the rights and benefits hereunder and may enforce the provisions
hereof as if it were a party hereto other than with respect to Section 1(b) of this Letter Agreement. This Letter Agreement shall terminate, and have no further force and effect, if the transactions contemplated by the Business Combination
Agreement are not consummated or the Business Combination Agreement is validly terminated in accordance with its terms prior to the Closing. This Letter Agreement may be executed in two (2) or more counterparts (including by electronic means),
all of which shall be considered one and the same agreement and shall become effective when signed by each of the parties and delivered to the other party, it being understood that the parties need not sign the same counterpart.

  
 4 

 Please indicate your agreement to the terms of this Letter Agreement by signing where
indicated below.  
  

			
	LEO INVESTORS LIMITED PARTNERSHIP
		
	  By:	 	Leo Investors General Partner Limited
	  Its:	 	General Partner
		
	By:	 	 /s/ Simon Brown

	Name:	 	Simon Brown
	Title:	 	Director

 Please indicate your agreement to the terms of this Letter Agreement by signing where
indicated below.  
  

	
	 /s/ Lori Bush

	Lori Bush

 Please indicate your agreement to the terms of this Letter Agreement by signing where
indicated below.  
  

	
	 /s/ Robert Bensoussan

	Robert Bensoussan

 Please indicate your agreement to the terms of this Letter Agreement by signing where
indicated below.  
  

	
	 /s/ Mary Minnick

	Mary Minnick

 Accepted and Agreed: 
  

			
	LEO HOLDINGS CORP.
		
	By:	 	 /s/ Lyndon Lea

	Name:	 	Lyndon Lea
	Title:	 	Chairman and Chief Executive OfficerEX-10.1

 Exhibit 10.1 
  

 
 June 18, 2020 
 Karen
Brennan 
 [INTENTIONALLY OMITTED] 
 [INTENTIONALLY OMITTED]

 [INTENTIONALLY OMITTED] 
 Dear Karen, 

We are excited to offer you the position of Chief Financial Officer with Jones Lang LaSalle, Inc. (“JLL”) beginning on or about July 15, 2020.
(“Hire Date”) In this role you will report to the Chief Executive Officer, Christian Ulbrich, and be a member of the Global Executive Board (GEB). 

We have enjoyed discussions with you and believe you will make substantial contributions to JLL’s continued success. We are excited for you to be a part
of the GEB and look forward to your collaboration to drive exceptional value for JLL and its shareholders. 
 Annual Base Salary 

Effective on your Hire Date, your 2020 annualized base salary will be $500,000, paid every other Friday in arrears less applicable payroll deductions.
Effective January 1, 2021, your base salary will be subject to review by JLL’s Compensation Committee in accordance with the procedures followed for all GEB members. We do not guarantee any base salary increases.  

Annual Target Bonus 
 You will be rewarded according to
the GEB Annual Incentive Plan (GEB AIP) program. Your 2020 annualized target bonus for this role is $900,000. Bonus payout levels vary from year to year. Your actual bonus will be based on (i) your performance against the specific individual
goals you will develop with your manager and (ii) JLL’s overall performance. Upon consideration of these factors and others, you may receive more than, less than, or none of your target bonus amount. Bonuses are considered annually and are
typically paid in March of the following year. 
 Actual bonus payments are discretionary, and to receive a bonus, you must be employed with us on the date
we pay it. If you leave JLL for any reason before the payment date, you will not receive a bonus payout, pro rata or otherwise. Your GEB AIP payout will be pro-rated at 50% for 2020 ($450,000 target), and your
LaSalle discretionary target bonus will be guaranteed at a minimum of $300,000 for 2020, subject to all other terms and conditions of eligibility. 

Long-Term Incentive Plan 
 You will also be rewarded
according to the GEB Long-Term Incentive Plan (GEB LTIP). Your 2020 target in the GEB LTIP is $1,350,000 and will be delivered in Performance Stock Units (“PSUs”) on July 15, 2020. Your 2020 GEB LTIP will be pro-rated at 50% ($675,000 target). PSU awards are subject to the terms of the individual Grant Agreement and the terms of the JLL 2019 Stock Award Incentive Plan. PSU’s cliff vest based on performance against
specified metrics three (3) years from the award vesting date as provided in the Grant Agreement. Your actual award will be based on JLL’s firm-wide performance and collective performance against Beyond Goals. A consideration of these
factors may result in you receiving more 

 

 
  

 
than, less than or none of the target PSU value. JLL reserves the right to alter the GEB LTIP from time to time in its sole discretion, which may include target award changes and equity vehicles.

 In addition, for calendar year 2020, you will continue to be eligible for the LaSalle Long-Term Incentive Compensation Program (LaSalle LTIP), and you
will be awarded 50% of your annual 10 point target for a target of five (5) points in the LaSalle LTIP, subject to all other terms and conditions of eligibility. 

One-time Stock Grant 

You will be given a one-time grant of Restricted Stock Units (RSUs) in the amount of $350,000 on July 15, 2020.
The number of shares will be determined based on the trailing 20-day average closing price of JLL stock, starting on the sixth (6th) trading day prior to the grant date and working backward 20 consecutive
trading days. The shares will cliff vest on the third (3rd) anniversary of the grant date in 2023. 

Share Ownership Requirement 
 Global Executive Board
members are required to maintain JLL share ownership of four (4) times base salary. You need to retain 100% of post-tax shares until compliance with these guidelines is achieved. Unvested RSUs count
toward the requirement, while unvested PSUs do not. After meeting the ownership requirement, you will need to retain 50% of released shares (post tax) for an additional two (2) years. Requirements are subject to change based on the normal
review process with the Compensation Committee. 
 Directors and Officers Insurance and By-Law Indemnification

 You will be entitled to coverage under the commercial insurance policies that the Company maintains from time to time with respect to liability for
the actions of our Directors and Officers acting in such capacities. In addition, you will be entitled to the indemnification provided under the Company’s By-Laws in effect on the date of this letter, a
copy of which has been provided to you. During your employment and following any termination of employment, such coverage and indemnification will be at least as favorable to you as that provided to any other new or continuing Company executives.

 Benefits 
 The personal ambitions of our employees
are as important to us as achieving our business goals. We demonstrate our commitment to our people through flexible work arrangements and a comprehensive benefits program. You may elect to participate in our benefits program, which includes
medical, dental, life, disability insurance, and a 401(k) savings and retirement plan. Details of these benefits are included in the firm’s policies and benefits summaries and plan descriptions. 

In addition, we provide options for wealth creation and life management, including 10 paid holidays and flexible time off as needed and approved, subject to
our standard policy for Global Executive Board members. 
 Relocation & Tax Support 

The Company will cover the cost of business class flights for you and your family, as well as moving your goods back to Chicago through a third-party vendor of
your choice. You will also be reimbursed for up to $500 for any excess baggage fees incurred on the return flight. 

 

 
  

 We will also provide you with tax advice for the final tax year of your current UK assignment through our
global tax advisor and will also prepare your tax returns for the UK and US, as required. The Company will pay the costs of preparing your annual tax returns for the years post-assignment where there are residual tax effects from the assignment.

 Expense Reimbursement 
 You will be authorized to
incur reasonable expenses for entertainment, traveling, meals, lodging, and similar items in promoting the Company’s business and for business communication costs, such as cellular phone service, internet service, and a wireless e-mail device and service. The Company will reimburse you for all reasonable expenses so incurred provided that such expenses are incurred and accounted for in accordance with the policies and procedures established
by the Company. 
 Public Disclosures 
 You understand
that the Company will file this letter publicly with the United States Securities and Exchange Commission (SEC) as part of its required disclosures as a public company. This letter may also be disclosed as otherwise required by applicable laws or
regulations. You also agree that the Company may make such additional disclosures about you and your compensation from time to time as and to the extent required by applicable laws and regulations and that you will provide the Company with all
necessary information upon request. Your position as an officer will also require us to publicly file reports about your interests in JLL common stock with the SEC. 

Representations 
 As a condition of your employment with
us, you represent that: 
  

	 	•	 	 You are aware of and understand all restrictions or obligations you may have to current and prior employers.

  

	 	•	 	 There are no restrictive covenants, court orders, laws or regulations, including
non-solicitation, confidentiality or non-compete agreements, that would prevent, restrict or hinder or interfere with your employment. 

 

	 	•	 	 You have no other obligations or commitments of any kind that would prevent, restrict, hinder or interfere with
your employment. 

  

	 	•	 	 During your employment with us, you will not violate any obligations or restrictions that relate to your
employment. We encourage you to seek your own legal counsel if you have any questions about any obligations or commitments you have that may affect your employment with us. 

Confidentiality 
 During your employment with us, you will
receive confidential, proprietary or non-public information concerning JLL, its clients and/or employees. This may include pricing, client proposals, compensation structures and performance evaluations, among
many other types of information. You agree that: 
  

	 	•	 	 We have given this kind of information to you in strict confidence. 

 

	 	•	 	 You will keep all of it secret and confidential indefinitely. 

 

	 	•	 	 You will not disclose it, directly or indirectly, to anyone else or use it in any way except as we may authorize
within the scope of your employment. 

  

	 	•	 	 If at any time you are required by law to disclose such information, you will give reasonable advanced notice to
JLL before you disclose it. 

 

 
  

	 	•	 	 Except as clearly necessary to carry out your job responsibilities, you will not attempt, or provide information
to others that would allow them to attempt, to access JLL’s computer system or those computer systems of JLL’s clients. 

  

	 	•	 	 Notwithstanding the above, you may disclose non-privileged information to
a federal, state or local government agency. 

 Reports to Government Entities 

As protected by law regarding engaging in concerted activities, you are not prohibited from sharing with others lawfully acquired information about your
employment. Nothing in this offer letter prohibits you from participating in an investigation or proceeding with a government agency, or from making other disclosures that are protected under the whistleblower laws or regulations. Nothing in this
offer letter prohibits you from providing information to any of these agencies or authorities in response to a legitimate request for information by them. You do not need JLL’s prior authorization before speaking with these agencies and
authorities, and you are not required to notify JLL that you have spoken with them. You also may not be held liable under trade secret law for the disclosure of a trade secret that is made in confidence to a government official or to an attorney
solely for the purpose of reporting or investigating a suspected violation of law. 
 Intellectual Property 

If you agree to work for us, then by this letter you have agreed to assign to JLL your entire right, title and interest in any invention or idea, patentable or
not, that you create or conceive of (i) during your employment by JLL and (ii) which relates in any manner to our actual or anticipated business, research or development, or is suggested by or results from any task we assigned to you or
any work you performed or on behalf of JLL. 
 You agree that you will promptly disclose to JLL Legal Services any invention or idea contemplated above, and
upon request, you will execute a specific assignment of title to JLL, and do anything else reasonably necessary to enable JLL at its expense to secure a patent therefore in the United States and in foreign countries. 

At Will Employment 
 Your employment will not be for a
fixed period of time, and it will be “at will.” This means that you or JLL may terminate your employment, or JLL may change the terms and conditions of your employment, at any time, with or without notice or cause. 

You will be entitled to the GEB severance benefits that apply to other GEB members. A copy of the current Plan can be provided to you. 

Code of Business Ethics; Company Policies 
 We strongly
believe that compliance by its employees with all applicable laws and ethical business practices is critical to our continued success. Accordingly, we will ask you to become familiar with our Code of Business Ethics and to certify that you will
always act in accordance with its provisions. Your compliance with the Code is a condition of your continued employment. If you work for us, you also agree to become familiar and comply with our personnel policies, including, our drug and alcohol, anti-harassment and information security policies. This information is included in the new hire packet and is always available on our intranet. 

 

 
  

 Non-Solicitation 

As consideration for your employment with us, you agree that while you work for us and for a period of twelve (12) months after your employment with us
terminates for any reason, you will not, either directly or indirectly, or on behalf of anyone else: 
  

	 	•	 	 Solicit or induce other JLL employees or independent contractors exclusively retained by JLL to leave JLL; or

  

	 	•	 	 Solicit or induce any clients that have existing or pending transactions or assignments with JLL to discontinue
or reduce (i) their transactions or assignments with us or (ii) their consideration of us for pending transactions or assignments. 

After termination of employment with us, you may, however, pursue transactions or assignments that are not pending with us at the time your employment
terminates. You agree that the above restrictions are fair and reasonable and are reasonably required for the protection of JLL. 
 We aim to help you
achieve your ambitions and look forward to you continuing to benefit from our collaborative culture and industry expertise in this new role, which we expect will be mutually satisfying and rewarding. We believe you will continue to make substantial
contributions to our continued success and are confident that our shareholders, clients and employees will benefit from your leadership. 
 By e-signing this offer letter you signify accepting the offer. We look forward to a mutually satisfying and rewarding future. 
  

	
	Yours Sincerely,
	
	 /s/ Christian Ulbrich

	Christian Ulbrich
	President and Chief Executive Officer
	Jones Lang LaSalle Incorporated

  

			
	Accepted by:	 	 /s/ Karen Brennan

		 	Karen Brennan

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