Document:

lovv_ex1010.htm

  EXHIBIT 10.10
  
 深圳市前海乐富电子商务有限公司
  
 Shenzhen Qianhai Lefu E-Commerce Co., Ltd.
  
 与
  
 And
  
 上海乐盼商务信息咨询有限公司
  
 Shanghai Lepan Business Information Consulting Co., Ltd.
  
 及
  
 And
  
 上海乐辅电子商务有限公司
  
 Shanghai Lefu E-Commerce Co., Ltd.
  
 之
  
 _____________________________
  
 股权质押协议
  
 Equity Interest Pledge Agreement
  
 _____________________________
  
 2018年9月29日
  
 Date:September 29,2018
   	 
	
	 
 
	 

  
 股权质押协议
 Equity Interest Pledge Agreement
  
 本股权质押协议(以下简称”本协议”)由以下各方于2018年9月29 日在上海签署:
 This Equity Interest Pledge Agreement (“this Agreement”) is made and entered into by and among the following parties on September 29, 2018 in Shanghai:
  
  	(1)	上海乐辅电子商务有限公司之全体股东(以下简称”甲方”或”出质人”)
	(1)	Shareholders in Shanghai Lefu E-Commerce Co., Ltd (“Party A” or “the Pledger”):

  
  	 姓名/姓名
 Name
	 持股比例
 Share
 proportion
	 社会信用代码
 Social Credit Code
	 住址
 Address

	  
 深圳市前海乐富电子商务有限公司
 Shenzhen Qianhai Lefu E-Commerce Co., Ltd.
  
	 100%
	 914403003599916726
	 深圳市前海深港合作区前湾一路1号A栋201室(入驻深圳市前海商务秘书有限公司)经营场所:深圳市南山区华润城华润置地e座30楼3006
 Room 201, Building A, No.1, Qianwan 1st Road, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen (into Shenzhen Qianhai Business Secretary Co., Ltd.) Business Location: 3006, 30th Floor, Block E, China Resources Land, China Resources City, Nanshan District, Shenzhen.

  
  	(2)	上海乐盼商务信息咨询有限公司(以下简称”乙方”或”质权人”)
	  
	 地址:上海市浦东新区祝桥镇川南奉公路5825号1幢301室
 法定代表人:杨永强

  	(2)	Shanghai Lepan Business Information Consulting Co., Ltd. (“Party B” or “the Pledgee”)
	  
	 Address: No. 301, Building 1, No. 5825, Chuannan Feng Road, Zhuqiao Town, Pudong New District, Shanghai.
 Legal Representative: Yongqiang Yang

  
  	(3)	上海乐辅电子商务有限公司(以下简称”丙方”或”公司”)
	  
	 地址:浦东新区书院镇石潭街109号238室
 法定代表人:杨永强

  	(3)	Shanghai Lefu E-Commerce Co., Ltd (“Party C” or “the Company”)
	  
	 Address: Room 238, No. 109, Shitan Street, Shuyuan Town, Pudong New Area
 Legal Representative: Yongqiang Yang

  
 (出质人、公司和质权人,以下合称为“各方”,也可单独称为“一方”。)
 (The Pledger, the Company and the Pledgee shall be referred to as “the Parties” collectively or a “Party” or “each Party” individually.)
   
  	 
	2
	 
 
	 

  
 鉴于:
 Whereas:
  
 公司为一间根据中国法律成立并有效存续的内资公司,其注册地址为浦东新区书院镇石潭街109号238室; 
 The Company is a limited company duly incorporated and validly existing in accordance with Chinese laws with exclusive domestic capital, whose registered address is Room 238, No. 109, Shitan Street, Shuyuan Town, Pudong New Area;
  
  	(1)	甲方合计持有公司100%的股权;
	(1)	Party A lawfully holds 100% of the equity of the Company;
	  
	  

	(2)	乙方为一间依据中国法律成立并有效存续的有限责任公司(外商投资企业法人独资);
	(2)	Party B is a wholly foreign-owned limited company which is duly incorporated and validly existing in accordance with the Chinese laws;

  
  	(3)	乙方与丙方于2018年9月29 日签署了《独家商业合作协议》(以下简称”《独家商业合作协议》”),甲方于2018年9月29 日签署了《授权书》(以下简称”《授权书》”),甲方、乙方与丙方于2018年9月29 日签署了《独家购买权协议》(以下简称”《独家购买权协议》”),甲方与乙方于2018年9月29 日签署了《借款合同》(以下简称”《借款合同》”)。甲方同意将其拥有的公司股权质押给乙方,以保证甲方和/或丙方履行《独家购买权协议》、《独家商业合作协议》、《借款合同》以及《授权书》项下的义务。
	(3)	The Exclusive Business Cooperation Agreement has been executed by and between Party B and Party C on September 29, 2018. The Letter of Power of Attorney has been executed by Party A on September 29, 2018. The Exclusive Call Option Agreement has been executed among Party A, Party B and Party C on September 29, 2018. The Loan Contract has been executed by and between Party A and Party C on September 29, 2018. Party A hereby agrees to pledge all of the equity he holds in Party C to Party B as security for the performance of obligations by Party A and/or Party C under the Exclusive Business Cooperation Agreement, the Loan Contract and the Letter of Power of Attorney.

  
 因此,各方经友好协商,就股权质押事宜达成协议如下:
 Now, Therefore, upon mutual discussion and negotiation, the Parties hereby agree as follows with regard to the equity pledge:
  
  	 
	3
	 
 
	 

  
 第一条 定义
 1. Definitions
  
 除非本协议上下文另有规定,下述各词在本协议中具有以下含义:
 Unless otherwise provided herein, the terms below shall have the following meanings in this Agreement:
  
  	1.1	“中国”指中华人民共和国,为本协议之目的,不包含香港特别行政区、澳门特别行政区和台湾地区;

  	  
	 “China”
	 means the People’s Republic of China, excluding Hong Kong Special Administrative Region, Macau Special Administrative Region and Taiwan; 

  
  	1.1	“中国法律”指中国现行有效的法律、法规和规范性文件;

  	  
	 “The laws 
 of China”
	 means laws, legislation and regulations that are currently valid in China; 

  
  	1.2	“质押股权”系本协议中第2.1条所规定的公司的全部股权;

 	  
	 “Pledged equity”
	 means all equity of the Company as stipulated in Article 2.1; 

  
  	1.2	“担保债务”指因出质人和/或公司违约导致的质权人所有直接和间接损失以及可预期利益的损失,以及质权人因要求出质人履行主协议项下义务所产生的所有成本;

 	  
	 “Secured debt”
	 means to all direct and indirect losses of the Pledgee and loss of the expected profits resulting from the breach of the Pledger and/or the Company, and all the costs created by the Pledgee’s request for the Pledger’s performance of the obligations under the Major Agreements; 

  
  	1.3	 “主协议”包括《独家商业合作协议》、《独家购买权协议》、《借款合同》、《授权书》以及该等协议的补充协议或修订协议(如有);

 	  
	 “Major Agreements”
	 means the Exclusive Business Cooperation Agreement, the Exclusive Call Option Agreement, the Loan Contract, the Letter of Power of Attorney and the supplement or amendments version of these agreements (if any); 

  
  	1.4	“质权”是指在公司和/或出质人未能按期全部履行主协议约定的义务时,质权人享有依法以质押股权折价或以拍卖、变卖质押股权的价款优先受偿的权利, 且该等质权之效力及于质押股权所产生的红利;

 	  
	 “Pledge”
	 means the Pledgee’s right to preferential compensation by proceeds from discount, conversion, auction or sale of the Equity if the Company and/or the Pledger fails to fulfill all the obligations stipulated in the Major Agreements on time. This pledge encompasses dividends created by pledged equity; 

  
  	1.5	“工商局”指中国法律规定的有权办理本协议项下股权质押登记的工商行政管理部门;

  	  
	 “Industrial and Commercial Bureau”
	 means the administrative department of industry and commerce that is authorized by Chinese laws to conduct the registration procedures of equity pledge;

  
  	 
	4
	 
 
	 

  
  	1.6	“违约”系指本协议第10条定义的事件;

  	  
	 “Breach of Agreement”
	 means any events set forth in Article 10 of this Agreement;

  
  	1.7	“工作日”系指根据中国法律除周六、周日及其他法定公休日之外的日历日。

  	  
	 “Working day”
	 means a calendar day other than Saturday, Sunday and other statutory public holidays in accordance with Chinese laws. 

 
 第二条 股权质押
 2. Equity Pledge
  
  	2.1 	出质人兹同意将其拥有的公司的全部股权按照本协议的约定质押给质权人,作为对担保债务的担保;公司兹同意出质人按照本协议的约定将质押股权出质给质权人;
	2.1	The Pledger hereby agrees to pledge all equity of the Company that the Pledger holds to the Pledgee as security for the secured debt in accordance with this Agreement; the Company hereby agrees that the Pledger pledges the pledged equity to the Pledgee in accordance with this Agreement;
	  
	  

	2.2	在本协议有效期内,如果出现公司增资的情形,则质押股权自动变更为公司增资后100%的股权;
	2.2	The pledged equity shall be automatically changed to 100% of the Company’s equity if the Company’s registered capital is increased during the term of this Agreement;
	  
	  

	2.3	质权人对任何形式的质押股权价值减损不承担责任,出质人无权对质权人提出任何形式的追索或提起任何相关诉求,除非该质押股权价值减损是由于质权人的故意行为或与该价值减损具有直接联系的重大疏忽;
	2.3	The Pledgee shall not be liable for any form of depreciation of the value of the pledged equity. The Pledger has no right to demand any form of recourse or bring any related claim against the Pledgee, unless the depreciation of the pledged equity is directly caused by the Pledgee’s intentional act or gross negligence;
	  
	  

	2.4	若因出质人或公司的行为使质押股权有任何价值减损的可能,足以危害质权人权利的,质权人可以要求出质人或公司立即停止该等行为、提供新的担保、提前拍卖或变卖质押股权;
	2.4	If the possibility of the pledged equity being depreciated due to the behavior of the Pledger or the Company is high enough to constitute a danger to the Pledgee’s rights, the Pledgee is entitled to require the Pledger or the Company to stop such behavior immediately, provide a new guarantee, conduct an auction in advance, or sell off the pledged equity;

  
  	2.5	出质人就质押股权而分得股利或分红,该等股利或分红(扣除相关税款后)需全额无偿支付至质权人届时指定的银行账户。
	2.5	Any share profits or dividends paid to the Pledger for the pledged equity shall be returned in full to a bank account designated by the Pledgee.

  
  	 
	5
	 
 
	 

  
 第三条 股权质押登记
 3. Equity Pledge registration
   	3.1	出质人承诺其将促使公司在本协议签署之日起,将本协议项下的股权质押记载于公司股东名册,并将加盖公司印章的股东名册和其在公司的出资证明书交予质权人或其指定的第三方保管。在本协议有效期内,如公司发生经乙方同意的、涉及股东名册和出资证明书的变更事项,乙方应将原股东名册和出资证明书交还给甲方和公司进行变更登记,甲方和公司应在收到股东名册和出资证明后十(10)个工作日内办理完工商登记,并自办理完上述工商登记后二(2)个工作日内将变更后的股东名册和出资证明书交予乙方保管;
	3.1	The Pledger promises that he will procure the Company to record the equity pledge under this Agreement on the Shareholder Register and hand the Register affixed with the Company’s seal and the certificate of capital contribution over to the Pledgee or its designated third party. Party B shall return the original Shareholder Register and the certificate of capital contribution to be amended should Party B agree with any changes regarding the Shareholder Register and the certificate of capital contribution during the term of this Agreement. Party A and the Company shall complete the business registration within 10 working days after the receipt of the Register and the certificate and return them to Party B within 2 working days after the completion of business registration;

  
  	3.2	各方同意,在工商局接受办理股权质押登记时,甲方和公司应立即就本协议项下的股权质押在工商局办理出质登记。各方确认除非中国法律有强制性规定,否则无论质押股权是否办理质押登记均不影响本协议的效力;
	3.2	The Parties agree that if the Industrial and Commercial Bureau permits the equity pledge registration, Party A and the Company shall promptly conduct pledge registration in the Bureau. The Parties confirm that the effectiveness of this Agreement is not affected by the registration unless there are compulsory provisions under the Chinese laws;
	  
	  

	3.3	本协议签订后,质权人可随时要求出质人就本协议以及记载股权质押的股东名册在质权人选择的公证处办理公证。甲方和公司应在乙方发出公证要求的书面通知后,立即配合乙方办理该等公证手续。
	3.3	After the execution of this Agreement, the pledgee may at any time request the Pledger to apply for notarization as to this Agreement and the Shareholder Register with record of equity pledge at the notary office selected by the Pledgee. After the issuance of written notice requesting notarization, Party A and the Company shall promptly coordinate with Party B to conduct this procedure.

  
  	 
	6
	 
 
	 

  
 第四条 担保持续性和非放弃权利
 4. Sustainability of Guarantee and non-waiver
  
 本协议项下的股权质押应当构成持续性的保证且应当在主协议项下义务完全履行或担保债务完全履行前保持有效。出质人违反或怠于履行主协议或本协议项下约定的义务,质权人放弃行使主协议及本协议项下的相关权利不影响质权人随后任意时间内根据中国法律、主协议和本协议要求出质人严格遵循主协议和本协议项下的约定,或因出质人随后的违反主协议和/或本协议项下的义务质权人可以行使的任何权利。
 The equity pledge under this Agreement shall constitute a sustainable guarantee and shall remain effective before obligations or the secured debt under the major agreements are fully performed. If the Pledgee breaches or idly performs his obligations under the major agreements and this Agreement, the Pledgee’s waiver of related rights under the major agreements and this Agreement do not affect other rights the Pledgee has, and the Pledgee may require the Pledger to strictly abide by the arrangements under the Chinese laws, the major agreements and this Agreement at any time.
  
 第五条 承诺和保证
 5. Covenants and Warranties
  
  	5.1	各方向其他方作出下述陈述和保证:
	5.1	Each party hereby represents and warrants:

  
  	  
	(1)	有必要的权利、权力和授权签订本协议,并履行相关义务和责任;
	  
	(1)	it has necessary rights, power and authority to execute, deliver and perform this Agreement and to perform related obligations and duties;
	  
	  
	  

	  
	(2)	本协议的签订和履行不会违反各方签订的其他协议的条款,也不与其他协议相冲突;
	  
	(2)	the execution and performance of this Agreement shall not be in violation of provisions of other agreements executed by each party, and shall also be consistent with other agreements;
	  
	  
	  

	  
	(3)	如对任何一方有司法管辖权的监管机构对本协议内容有任何意见或要求,各方将尽力满足有关要求或遵从有关意见,包括但不限于以书面形式同意修订本协议;
	  
	(3)	if a supervisory authority with judicial jurisdiction has any opinion or request regarding the content of this Agreement, the Parties shall endeavor to fulfil such requests or comply with relevant opinions, including but not limited to written agreements to amend this Agreement;

   	 
	7
	 
 
	 

  
  	5.2	除已向质权人披露的情况外,出质人向质权人作出下述陈述和保证:
	5.2	In addition to the circumstances disclosed to the Pledgee, the Pledger hereby represents and warrants to the Pledgee:

  
  	  
	(1)	出质人为公司依法注册登记的股东,并将按照中国法律要求履行其在注册资本中的出资义务;
	  
	(1)	The Pledger is a lawfully registered shareholder of the Company and will fulfill their capital contribution obligation in accordance with Chinese laws;
	  
	  
	  

	  
	(2)	截至本协议生效日,出质人对本协议项下的质押股权拥有完整的权利,该质押股权的所有权不存在任何争议事项,出质人有权处置该质押股权;
	  
	(2)	The Pledger has full rights to the pledged equity under this Agreement including the right to dispose of such equity and there is no dispute over the ownership of the pledged equity as of the effective date of this Agreement;
	  
	  
	  

	  
	(3)	本协议项下的质押股权可以被合法地质押或转让,出质人拥有合法权利将该股权质押予质权人;
	  
	(3)	The pledged equity under this Agreement may be legally pledged or transferred, and the Pledger has the legal right to pledge the equity to the Pledgee;
	  
	  
	  

	  
	(4)	本协议一经出质人签署,便对出质人构成合法、有效、有约束力的义务;
	  
	(4)	This agreement constitutes a legal, valid and binding obligation to the Pledger once it has been signed by the Pledger;
	  
	  
	  

	  
	(5)	除本协议项下设置的股权质押以及主协议设置的相关权利外,所持股权未设置其他任何质押、担保或权利负担;
	  
	(5)	The equity held is free of any pledge, guarantee or other encumbrances except for the equity pledge under this Agreement and other rights created by the major agreements;

  
  	  
	(6)	出质人未向任何第三方转让或将转让股权,或就股权转让事宜达成任何口头或书面意向;
	  
	(6)	The Pledger has not transferred, or will not transfer the equity, or has not reached any oral or written offers regarding an equity transfer;
	  
	  
	  

	  
	(7)	本协议项下的质押属于该质押股权的第一顺位的优先担保权益;
	  
	(7)	The pledge under this Agreement belongs to the first-order priority security interest on the pledged equity;

  
  	 
	8
	 
 
	 

  
  	  
	(8)	除股权质押的工商登记程序外,各方签署本协议以及完成股权质押所需要的任何第三方的同意、许可、弃权、批准或政府机构的批准、许可等均已获得且在本协议有效期内保持完全有效;
	  
	 (8)
	 The consent, permission, waiver or approval of any third party or approval, permission of governmental department, etc., required for the execution and completion of this Agreement have been obtained and are fully effective during the term of this Agreement except for the Industrial and Commercial registration procedure for the equity pledge;

  
  	  
	(9)	在任何法院或仲裁庭均没有针对出质人、或其财产、或质押股权的未决的或就出质人所知有威胁的诉讼、法律程序或请求,同时在任何政府机构或行政机关亦没有任何针对出质人、或其财产、或质押股权的未决的或就出质人所知有威胁的诉讼、法律程序或请求,将对出质人的经济状况或其履行本协议项下之义务和担保责任的能力有重大的或不利的影响;
	  
	(9)	There is no pending or threatening lawsuit, legal proceeding or claim to the Pledger’s knowledge in any court or arbitration tribunal against the Pledger, his property, or the pledged equity. There is also no pending or threatening lawsuit, legal proceeding or claim in any governmental or administrative department which will have a significant or an adverse impact on the Pledger’s economic status or capacity to perform the obligations and secured liability under this Agreement to the Pledger’s knowledge;
	  
	  
	  

	  
	(10)	上述陈述和保证在主协议项下的义务履行完毕或担保债务完全清偿前都应当保持真实、准确;
	  
	(10)	The above representations and warranties shall remain true and accurate until the obligations under the major agreements are fulfilled or the secured debt is fully discharged;

  
  	5.3	出质人向质权人作出下述承诺:
	5.3	The Pledger hereby promises to the Pledgee:

  
  	  
	(1)	如出质人发生死亡、丧失行为能力、结婚、离婚、破产或发生其他可能影响其行使持有公司股权的情况下,出质人的继承人(包括配偶、子女、父母、兄弟姐妹、祖父母、外祖父母)或当时公司的股东或受让人将被视为本协议的签署一方,继承及承担出质人在本协议下的所有权利与义务;
	  
	(1)	If death, incapacity, marriage, divorce, bankruptcy or other circumstances that may affect one’s exercise of his equity occurs to the Pledger, the Pledger’s heir (including spouse, children, parents, sibling, or grandparents) or other shareholders of the Company then or assignees will be deemed as a signatory of this Agreement, who shall inherit and undertake all the rights and obligations of the Pledger under this Agreement;

  
  	 
	9
	 
 
	 

  
  	  
	(2)	不会向除质权人或其指定方以外出售或以其他方式处置公司之股权或 对其设置产权负担;
	  
	 (2)
	 The Pledger shall not sell the equity of the Company to any other party except the Pledgee or its designated person, dispose of the equity in other way or create any encumbrance;

  
  	  
	(3)	未经质权人事前书面同意,增加或减少或同意增加或减少作为公司出资人之资本投资;
	  
	(3)	The Pledger shall not increase or decrease, or agree to increase or decrease the registered capital as the funder of the Company without the prior written consent of the Pledgee;
	  
	  
	  

	  
	(4)	未经质权人事前书面同意,不会并促使公司或其附属公司进行任何可能对(i)公司的资产、业务、员工、责任、权利或营运或(ii)出质人及公司履行主协议所列责任的能力产生实际影响的活动或交易,包括但不限于:
	  
	(4)	Without the prior written consent of the Pledgee, the Pledger shall not facilitate the Company or its subsidiary to conduct any action or transaction that will have a material impact on (i) the assets, business, employees, responsibility, rights or operation of the Company, or (ii) the capacity of the Pledger or the Company to perform obligations listed in the major agreements, including but not limited to:

  
  	  
	(I)	公司或其附属公司成立任何附属公司或实体,或成立开展其他业务;
	  
	(I)	establishing any subsidiary or funds, or develop other businesses;
	  
	  
	  

	  
	(II)	于日常业务过程以外期间进行任何活动或改变公司或其附属公司的经营模式;
	  
	(II)	Conducting any activities outside the scope of day-to-day operations that would change Party A’s (including its branch offices, subsidiaries or other investment funds) mode of operation;
	  
	  
	  

	  
	(III)	公司合并、组织形式改变、解散或清盘或增加或减少注册资本或改变公司的股权结构;
	  
	(III)	Merger, change in organisational structure, dissolution or liquidation or adding or subtracting registered capital or change the ownership structure;
	  
	  
	  

	  
	(IV)	向任何第三方提供任何借贷、贷款或担保或自任何第三方获得任何借贷及贷款,惟于日常业务过程发生及有关负债金额低于人民币【100,000】元除外;
	  
	(IV)	Provide to or obtain a loan, or guarantee from any third party, apart from loans below RMB【100,000】 that arise from day-to-day operations;
	  
	  
	  

	  
	(V)	变更或罢免任何公司或其附属公司之任何董事、监事或高级管理人员之职,增加或减少该等人员的薪酬福利,或改变该等人员的任期及条件;
	  
	 (V)
	 replacement or removal of any director, supervisor or senior management personnel in the Company or its subsidiary, the increase or decrease of these persons’ remuneration, or change of these persons’ tenure and terms of employment;

  
  	 
	10
	 
 
	 

  
  	  
	(VI)	向除质权人或其指定方以外任何第三方出售、转让、出租或授权使用或处理公司或其附属公司的任何资产或权利,或自任何第三方购买任何资产或权利,惟于日常业务过程发生及交易金额低于人民币【100,000】元除外;
	  
	(VI)	Selling, granting, renting or authorising the use or management of any company asset or rights to a party apart from Party B and any other specified party; or purchasing assets or rights from any third party, apart from transactions below RMB【100,000】 that occur in the process of day-to-day operations;
	  
	  
	  

	  
	(VII)	变更、修订或撤销公司或其附属公司之任何许可证;
	  
	(VII)	Changing, amending or repealing any license of the Company or its subsidiary;
	  
	  
	  

	  
	(VIII)	修订公司或其附属公司之组织章程细则或经营范围;
	  
	(VIII)	Changing articles of association, rules or scope of operation of the Company or its subsidiaries;
	  
	  
	  

	  
	(IX)	公司或其附属公司于日常业务过程以外期间订立任何合约,惟根据质权人的计划或建议订立者除外;
	  
	(IX)	Concluding any contracts outside of the scope of day-to-day operations, apart from those planned or recommended by Party B;
	  
	  
	  

	  
	(X)	公司或其附属公司向股东宣布或支付任何花红、股息、其他利益或福利或其他款项;
	  
	(X)	Declaring or paying any bonuses, dividends, other benefits or welfare or payments to shareholders;
	  
	  
	  

	  
	(XI)	公司或其附属公司进行对任何中国经营实体或其附属公司的日常营运、业务或资产产生或可能产生不利影响之活动;及
	  
	(XI)	Conducting activities that would negatively impact the day-to-day operations, businesses or assets of Party B or its subsidiaries; and
	  
	  
	  

	  
	(XII)	公司或其附属公司订立对主协议所涉交易产生或可能产生不利影响之任何交易。
	  
	(XII)	Entering into transactions that may negatively impact transactions related to the contractual arrangements.

  
  	 
	11
	 
 
	 

  
  	  
	(5)	不会直接或间接(i)从事、参与、进行、收购或持有与公司竞争或可能产生竞争之任何业务或活动(「竞争业务」),(ii)使用自公司所得信息进行竞争业务,及(iii)自任何竞争业务获得任何利益;
	  
	(5)	The Pledger shall not directly or indirectly (i) undertake, participate in, conduct, acquire or possess any business or activity that competes with or may compete with the Company (“competitive business”), (ii) conduct competitive business using the information from the Company, and (iii) deriving any profits from any competitive business;

  
 	  
	(6)	应质权人要求,向其提供有关公司经营管理和财务的信息;
	  
	(6)	The Pledger shall provide relevant operational management and financial information to it at the Pledgee’s request;
	  
	  
	  

	  
	(7)	将可能对公司存续、商业运营、财务状况、商誉构成重大负面影响的情形及时通知质权人,并立即采取所有质权人接受的措施以消除上述负面情形或进行相关有效的补救措施;及
	  
	(7)	The Pledger shall promptly notify the Pledgee of circumstances that may have a materially negative impact on the Company’s existence, commercial operation, financial status, and goodwill in a timely manner, and take all measures accepted by the Pledgee to resolve the aforementioned circumstances or provide relevant effective remedies; and
	  
	  
	  

	  
	(8)	应将涉及公司的资产、经营管理和收入的任何现存或可能发生的诉讼、仲裁或行政纠纷及时通知质权人,并采取一切积极行为应对该等诉讼、仲裁或行政处罚案件;
	  
	(8)	The Pledgee shall be promptly notified of any current or potential litigation, arbitration or administrative dispute involving the Company’s assets, business management and revenue, and all positive actions shall be taken to deal with such litigation, arbitration or administrative penalty cases;

   	5.4	公司同意就出质人在本协议中所作的所有保证及承诺向质权人承担连带责任。
	5.4	The Company agrees to bear joint and several liability to the Pledgee regarding all the guarantees and promises the Pledger has made under this Agreement.

  
 第六条 出质人的义务
 6. The Pledger’s obligations
  
  	6.1	在中国法律允许的范围内,应质权人要求,根据《独家购买权协议》向质权人或其指定的第三方无条件地转让其股权,并保证公司的其他股东放弃对该等转让股权的优先购买权;
	6.1	To the extent permitted by Chinese laws, the Pledger shall unconditionally transfer the equity to the Pledgee or its designated third party in accordance with the Exclusive Call Option Agreement, and ensure that other shareholders in the Company waive their pre-emptive rights for this transferred equity at the Pledgee’s request;

  
  	 
	12
	 
 
	 

  
  	6.2 	应保证公司股东会和董事会通过《独家购买权协议》项下股权或资产转让的决议;
	6.2 	The Pledger shall guarantee the adoption of the resolution on the transfer of equity or assets at the shareholders’ meeting and board of directors;
	  
	  

	6.3 	作为公司股东,尽其最大努力促使公司履行本协议第七条规定的义务;
	6.3	 The Pledger shall do its utmost to facilitate the Company to fulfill its obligations under Article 7 of this Agreement as a shareholder of the Company;
	  
	  

	6.4	应在法律允许的范围内,保证公司的运营期限(包括其变更)不短于质权人的运营期限(包括其变更);
	6.4	The Pledger shall ensure that the Company’s duration of operation (including its change) will be no shorter than the Pledgee’s duration of operation (including its change) to the extent permitted by law;

  
 	6.5	应严格遵守本协议,并积极履行本协议项下的义务,并不得实施影响本协议的有效性和可执行性的所有行为;
	6.5	 The Pledger shall strictly abide by this Agreement and actively fulfill his obligation under this Agreement, and shall refrain from behaviors that would affect the validity and enforceability of this Agreement;
	  
	  

	6.6	出质人同意,质权人依本协议享有的权利不得被由出质人、出质人继承者或出质人授权的人提起的法律程序所终止或损害。
	6.6	The Pledger agrees that the Pledgee’s lawfully guaranteed rights shall not be terminated or damaged by the legal proceedings brought by the Pledger, the heir of the Pledger or an authorized person by the Pledger.

  第七条 公司的义务
 7. The Company’s Obligations
  
  	7.1	公司应当尽全力协助出质人获得履行本协议项下义务以及完成股权质押所需要的所有相关的第三方的同意、许可、放弃、批准或政府机构的批准、许可或登记程序的完成或豁免,并保持持续有效;
	7.1	The Company shall do its utmost to assist the Pledger in obtaining and maintaining the validity of consent, permission, waiver and approval from all related third parties, or approval and permission from governmental department, or completion or exemption of registration procedures in order to perform obligations under this Agreement and to complete the equity pledge;

  
  	 
	13
	 
 
	 

  
  	7.2 	在本协议期限内,未事先获得质权人的书面同意,公司将不会协助或允许出质人将质押股权转让;
	7.2	The Company shall not assist or allow the Pledger to transfer the pledged equity during the term of this Agreement without prior written consent of the Pledgee;

  
  	7.3	依照财务和经营管理优化原则,高效并尽责地经营,尽力实现公司资产的保值和增值;
	7.3 	The Company shall operate its business efficiently and responsibly in accordance with the principle of financial and business management optimization, in order to preserve or increase the value of the Company’s assets;
	  
	  

	7.4	除得到质权人事前同意外,不得向除质权人或其指定方以外任何第三方出售、转让、出租或授权使用或处理公司或其附属公司的任何资产或权利,或自任何第三方购买任何资产或权利,惟于日常业务过程发生及交易金额低于人民币【100,000】元除外;
	7.4 	Except with the Pledgee’s prior written consent, the Company shall not sell, transfer, lease or authorize the use or disposition of any assets or rights of the Company or its subsidiaries to any third party, or purchase any assets or rights from any third party other than the Pledgee or its designated party. Transactions in the ordinary course of business with amounts less than RMB 【100,000】are not bound by this provision;

  
  	7.5	未经质权人事前书面同意,公司不得向任何第三方提供任何借贷、贷款或担保或自任何第三方获得任何借贷及贷款,惟于日常业务过程发生及有关负债金额低于人民币【100,000】元除外;
	7.5 	The Company shall not provide any third party with any loans or guarantees or obtain any loans from any third party without the Pledgee’s prior written consent. Transactions in the ordinary course of business with amounts less than RMB 【100,000】are not bound by this provision;
	  
	  

	7.6 	应质权人要求,向其提供有关经营管理和财务信息;
	7.6 	The Company shall provide relevant management and financial information to the Pledgee at the Pledgee’s request;
	  
	  

	7.7 	应将涉及公司的资产、经营管理和收入的任何已知或可能发生的诉讼、仲裁或行政处罚及时通知质权人,并采取一切积极行为应对该等诉讼、仲裁或行政处罚案件,以维护公司的合法权益;
	7.7 	The Pledgee shall be promptly notified of any current or potential litigation, arbitration or administrative penalty involving the Company’s assets, business management and revenue, and all positive actions shall be taken to deal with such litigation, arbitration or administrative penalty cases;
	  
	  

	7.8 	严格遵守本协议,并积极履行本协议项下的义务,并不得实施影响本协议的有效性和可执行性的所有行为。
	7.8	The Company shall strictly abide by this Agreement and actively fulfill its obligations under this Agreement, and shall not conduct behaviors that affect the validity and enforceability of this Agreement.

  
  	 
	14
	 
 
	 

  
 第八条 质权解除
 8. Release of the pledge
  
 当出质人和公司按期完全履行主协议项下的全部义务时,在质权人无异议的情形下,质权人应当配合出质人解除本协议项下股权的质押,并完成相应的解除股权质押工商登记程序。
 The Pledgee shall cooperate with the Pledger on the release of the equity pledge under this Agreement, and fulfill corresponding business registration procedure for release of the pledge when the Pledger and the Company have fully performed all the obligations under major agreements on time and the Pledgee has no objection to the release.
  
 第九条 质权行使
 9. Exercise of the pledge
   	9.1	质权人有权在向出质人发出本协议第10.2条规定的违约通知后的任意时间内行使质权;
	9.1	The Pledgee is entitled to exercise the equity pledge at any time after the issuance of a Notice of Default to the Pledger as stipulated by Article 10.2 of this Agreement;

  
 	9.2	除非出质人已按期完全履行主协议项下的义务,质权人享有依法以质押股权折价或以拍卖、变卖质押股权的价款优先受偿的权利;
	9.2	The Pledgee is entitled to preferential compensation by the conversion, auction or sale of the Equity unless the Pledger has full performed the obligation under major agreements on time;
	  
	  

	9.3	质权人行使质权获得的相关收益应按照下列顺序进行分配:

 	  
	(1)	支付行使质权相关的所有成本及税费;
	  
	(2)	偿还向质权人的担保债务;
	  
	(3)	支付上述款项后的余额应当返还至出质人或根据中国法律有权获得该款项的其他方,或者由质权人在质权人所在地的公证机关公证下予以提存;

  
  	9.3	Relevant compensation obtained by the Pledgee exercising the pledge shall be distributed in the following order:

  	  
	(1)	pay all the costs and taxes related to the exercise of the pledge;
	  
	(2)	repay the secured debt to the Pledgee;
	  
	(3)	the balance after payment of the above amounts shall be returned to the Pledger or other party entitled to it in accordance with Chinese laws, or shall be deposited by the Pledgee through notarization of the notary at the place where the Pledgee is located;

  
  	 
	15
	 
 
	 

  
  	9.4	在本协议期限内,因出质人未能偿还到期债务、触犯法律或国家政策等原因,导致法院或政府部门采取强制措施处置该质押股权的,出质人应:

  	  
	(1)	在该等事项发生后三(3)日内书面通知质权人;
	  
	(2)	尽全力(包括但不限于向法院或政府部门提供其它担保)解除法院或政府部门对质押股权采取的强制措施;

  
  	9.4	During the term of this Agreement, if the court or the government has decided to take coercive measures to dispose of the pledged equity due to the Pledger’s failure to repay the debt when it is due or the Pledger’s violation of the law or national policy, the Pledger shall:

  	  
	(1)	notify the Pledgee in written form within 3 days after the occurrence of such circumstances;
	  
	(2)	do its utmost to discharge the coercive measures that the court or government has taken on the pledged equity (including but not limited to providing the court or government with other guarantees);

  
  	9.5	出质人应对质权人行使质权给予协助,不得阻碍质权人行使质权。
	9.5	The Pledger shall provide assistance in the Pledgee’s exercise of the pledge and refrain from obstructing the Pledgee from exercising the pledge.

  
 第十条 违约
 10. Default
  
  	10.1	以下行为构成违约:
	10.1	The following behaviors constitute Default:

  	  
	(1)	任何一方违反在本协议中所作出的任何承诺和保证;
	  
	(1)	Any party violates any promises and warranties made in this Agreement;

  
  	  
	(2)	出质人和/或公司违反主协议项下的承诺和保证;
	  
	(2)	The Pledger and/or the Company violates the promises and warranties made under major agreements;
	  
	  
	  

	  
	(3)	出质人和/或公司未能按时履行或完全履行本协议项下的义务;
	  
	(3)	The Pledger and/or the Company fails to perform on time or fully perform the obligations under this Agreement;
	  
	  
	  

	  
	(4)	出质人和/或公司未能按时履行或完全履行各主协议项下的承诺和义务;
	  
	(4)	The Pledger and/or the Company fails to perform on time or fully perform the obligations under each of the major agreements;
	  
	  
	  

	  
	(5)	如果出质人与任何第三方的任何借贷、担保、赔偿或其他义务a)因出质人的任何违约行为需要提前履行;或b)出质人不能按期履行,使质权人认为出质人履行本协议项下义务的能力受到影响;
	  
	(5)	The ability of the Pledger to perform his obligation under this Agreement has been affected by any loan, security, indemnification, or other obligations between the Pledger and any other third party that (a) requires performance in advance due to any default behavior of the Pledger or (b) cannot be delivered on time by the Pledger;

  
  	 
	16
	 
 
	 

  
 	  
	(6)	公司未能偿还到期债务;
	  
	(6)	The Company fails to repay the debt by the deadline;
	  
	  
	  

	  
	(7)	出质人拥有的财产发生重大不利变化(依质权人判断)从而对其履行本协议项下的义务产生不利影响;
	  
	(7)	A materially adverse change on the property owned by the Pledger, (according to the Pledger’s judgment) that negatively affects his performance of his obligations under this Agreement;
	  
	  
	  

	  
	(8)	出质人继承者/代理人无法或拒绝履行本协议规定的义务;
	  
	(8)	The heir/ agent of the Pledger is unable or refuses to perform the obligations under this Agreement;
	  
	  
	  

	  
	(9)	依中国法律,出质人无法行使质押权利的其他情形;
	  
	(9)	Other circumstances that result in the Pledger’s inability to exercise his pledge rights under Chinese laws;

   	10.2	除非出质人采取经质权人同意的行动对本协议第10.1条规定的违约行为进行补救, 质权人有权在违约发生后的任意时间内向出质人发出书面违约通知(”违约通知”)。
	10.2	The Pledgee is entitled to deliver a notice of Default (“Default Notice”) to the Pledger in writing at any time after an event of default as listed in Article 10.1 occurs unless the event has been remedied with the Pledgee’s consent.

  
 第十一条 税费
 11. Taxes and Fees
  
  	11.1	与本协议订立和履行有关的税收和费用由双方按照中国法律的规定各自承担。
	11.1	Any relevant taxes and expenses accrued from the conclusion and performance of this Agreement shall be paid by each Party in accordance with the laws in China.

  
 第十二条 协议转让
 12. Assignment
  
  	12.1	除非质权人事先书面同意,出质人和公司不得将本协议项下的权利和义务全部或部分转让予任何第三人;
	12.1	The Pledger shall not assign its rights and obligations under this Agreement to any third party without the Pledgee’s prior written consent;

  
  	 
	17
	 
 
	 

  
 	12.2	在中国法律许可的范围内,质权人有权单方决定并提前六(6)天向出质人和公司发出书面通知将本协议及主协议项下的权利和义务全部或部分转让予任何第三方,出质人应经质权人要求签署有关的协议或文件(包括但不限于新的股权质押协议),出质人和公司应立即配合办理各项股权质押的手续。
	12.2	To the extent permitted by Chinese laws, the Pledgee is entitled to decide to transfer a part or all of the rights and obligations under this Agreement and the main Agreements to any third party unilaterally after a written notice is issued 6 days in advance. The Pledger shall execute relevant agreements or documents (including but not limited to an updated equity pledge agreement) at the Pledgee’s request. The Pledger and the Company shall assist in conducting procedures for equity pledge.

  第十三条 重要法律变更
 13. Major Alterations in laws
  
 如果在本协议生效后的任何时间内,质权人认为因任何中国法律的颁布或修改,维持本协议的有效性或按照本协议约定行使质权构成非法或与届时的相关中国法律冲突,出质人和公司应当在质权人的书面指示及合理要求下,立即采取行动和/或签署相关协议或文件以:
 The Pledger and the Company shall immediately take actions and/or execute relevant agreements or documents at the written instruction and reasonable request of the Pledgee during the period when this Agreement is in force if the Pledgee’s exercise of the pledge constitutes a violation of or conflict with the law due to a promulgation or an amendment of the law, in order to:
  
  	  
	(1)	保持本协议的有效性;
	  
	(1)	maintain the effectiveness of this Agreement;
	  
	  
	  

	  
	(2)	协助按照本协议约定的方式行使质权;
	  
	(2)	assist in the exercise of the pledge as specified in this Agreement;
	  
	  
	  

	  
	(3)	保持或实现本协议项下的担保利益。
	  
	(3)	preserve or realize the security interest under this Agreement.

  
 第十四条 协议的生效、变更和解除
 14. Validation, modification and termination
  
  	14.1	本协议自各方签字盖章之日起生效,有效期至主协议项下的全部义务已全部履行,或主协议终止,或担保债务已全部得到履行之日止。如主协议有效期延长,则本协议有效期自动延长;
	14.1	This Agreement shall be effective on the date of signature by both Parties and shall remain valid until all obligations under major agreements have been fulfilled, or major agreements have been terminated, or the secured debt has been fully performed. The term of this Agreement shall be automatically extended if the term of the major agreements is extended;

  
  	 
	18
	 
 
	 

  
  	14.2	本协议的变更,必须经各方共同协商,并签署书面协议后方能生效;
	14.2	Any changes to this Agreement shall become effective after mutual negotiations and a written agreement;
	  
	  

	14.3	本协议经各方一致同意并签署书面协议方可解除。甲方和丙方无权单方解除本协议,但乙方有权提前三十(30)日向甲方和丙方发出书面通知而解除本协议。
	14.3	This Agreement may be terminated by a written agreement. Party A and Party C have no right to unilaterally terminate this Agreement, but Party B is entitled to terminate this Agreement by giving a written notice to Party A and Party C 30 days in advance.

  
 第十五条 保密
 15. Confidentiality
  
  	15.1	出质人均须对本协议的协商、签署过程、本协议的条款、以及在履行本协议的过程中所知悉质权人的任何信息、文件、数据等全部资料(统称为”保密信息”)予以严格保密。未经质权人的书面同意,出质人不得将保密信息披露给任何第三方,但以下情形除外:
	15.1	The Pledger shall maintain confidentiality of the negotiation, execution and terms of this Agreement, and any information, documents, data, etc. that is obtained in the course of performing this Agreement (the “confidential information”). The Pledger shall not disclose such confidential information to any third party without written consent of the Pledgee, except for the information that:

  
  	  
	(1)	已为公众所知悉的信息(不包括出质人披露的材料);
	  
	(1)	is or will be in the public domain (other than materials disclosed by the Pledger);
	  
	  
	  

	  
	(2)	法律、法规和证券交易规则要求披露的信息,在此情况下,出质人在披露前把相关要求及时书面通知质权人;以及
	  
	(2)	is under the obligation to be disclosed pursuant to the applicable laws or regulations or any stock exchange rules. The Pledger shall promptly notify the Pledgee of the relevant requirements in writing; and
	  
	  
	  

	  
	(3)	出质人向其雇员、法律或财务顾问披露的与本协议有关的信息,该等雇员、法律或财务顾问须同样履行本条规定的保密义务;出质人的雇员或法律、财务顾问对保密信息的披露视为出质人对保密信息的披露,并由出质人承担相关的责任;
	  
	 (3)
	 The employees, legal counsels or financial advisors of the Pledger shall be bound by the confidential obligations set forth in this Section. Disclosure of any confidential information by the employees, legal counsels and financial advisors of the Pledger shall be deemed as disclosure of such confidential information by the Pledger and the Pledger shall be held liable for breach of this Agreement;

  
  	 
	19
	 
 
	 

  
  	15.2	为免存疑,质权人有权向第三方披露保密信息,且对出质人并不负有任何保密责任;
	15.2	For the avoidance of doubt, the Pledgee has the right to disclose confidential information to third parties, and is not bound by any confidentiality obligation to the Pledger;
	  
	  

	15.3	如果本协议的修改或终止或被认定无效或无法执行,本条款的有效性和可执行性应不受任何影响或削弱。
	15.3	This Section shall survive changes to the termination, voidance and unenforceability of this Agreement.

  
 第十六条 不可抗力
 16. Force Majeure
  
  	16.1	不可抗力事件指不能预见、不能避免并不能克服的客观情况,包括但不限于地震、洪水、火灾等自然灾害、政府行为、罢工、骚乱等社会异常事件;
	16.1	Force Majeure events shall mean unforeseeable, inevitable and unpreventable circumstances, including but not limited to natural disasters such as earthquakes, floods or fires, government actions, strikes, riots, and other social anomalies;
	  
	  

	16.2	如果发生不可抗力事件,遭受不可抗力的一方应以最便捷的方式毫无延 误地通知对方,并在不可抗力事件发生后的十五(15)日内向对方提供该事件的详细书面报告及不可抗力事件发生地区公证机关出具的证明文件,并应当采取所有合理措施消除不可抗力的影响及减少不可抗力对对方造成的损失。遭受不可抗力的一方不承担违约责任。在不可抗力事件消失之后,各方均应继续履行本协议项下的义务。
	16.2	In case of a Force Majeure event, the Party affected shall notify the other Parties without delay, and shall provide details of such event and documents issued by a notary of the area within 15 days after the occurrence of the event. The Party affected shall adopt all reasonable measures to eliminate the influence of and minimize the loss caused by the Force Majeure event to the other party. The Party affected is not liable for breach of contract. The Parties shall continue to perform their obligations under this Agreement after the Force Majeure event ceases to exist.

  
  	 
	20
	 
 
	 

  
 第十七条 法律适用及争议解决
 17. Governing law and resolution of disputes
  
  	17.1	本协议的生效、解释、履行、执行及争议解决等事项,均适用中国法律;
	17.1	The effectiveness, construction, execution, and enforcement of this Agreement and the resolution of disputes shall be governed by Chinese laws;

  
  	17.2	凡由本协议引起的或与本协议有关的任何争议应按以下方式解决:
	17.2	Disputes arising from or in connection to this Agreement shall be resolved by the following ways:

  
  	  
	(1)	本协议项下发生的及与本协议有关的任何争议应由双方协商解决,如争议产生后三十(30)日内双方无法达成一致意见的,在不违反法定管辖原则的前提下,该争议应提交至中国国际贸易仲裁委员并根据届时有效的仲裁规则进行仲裁。仲裁裁决应以书面形式作出,对于双方是终局的、并具有法律约束力;
	  
	(1)	In the event of any dispute arising from or in connection with this Agreement shall first be resolved through friendly negotiations. Should the Parties fail to reach an agreement within 30 days after either Party’s request to the other Party for resolution of the dispute through negotiations, such dispute shall be submitted to the China International Economic and Trade Arbitration Commission for arbitration and arbitrated in accordance with its arbitration rules then effective, subject to the principle of legal jurisdiction. The arbitration award shall be final, in written form and binding on all Parties;
	  
	  
	  

	  
	(2)	双方同意仲裁庭或仲裁员有权依照本协议项下条款和适用的中国法律裁决给予任何救济,包括临时性的和永久性的禁令救济(为公司进行业务或为强制转让资产所需)、合同义务的实际履行、针对甲方之股权或土地资产的救济措施和针对甲方的清算令;
	  
	(2)	The Parties agree that the arbitration tribunal or the arbitrator shall have the right to grant remedies in accordance with the terms of this Agreement and applicable Chinese laws, including permanent and temporary injunctive relief (to carry out business activities or for a mandatory transfer of assets), specific performance of contractual obligations, remedies concerning the equity or land assets of Party A, and liquidation orders against Party A;
	  
	  
	  

	  
	(3)	在适用的中国法律允许的前提下,在等待组成仲裁庭期间或在适当情况下,双方均有权诉诸有管辖权法院寻求临时性禁令救济或其它临时性救济,以支持仲裁的进行。就此,双方达成共识在不违反适用法律的前提下,香港法院、百慕大法院、中国法院和甲方主要资产所在地的法院均应被视为具有管辖权;
	  
	(3)	To the extent permitted by Chinese laws, both parties have the right to seek preliminary injunctive relief or other interlocutory remedies in order to facilitate the arbitration when awaiting the formulation of the arbitration tribunal or otherwise under appropriate conditions. The Parties agree that the courts of Hong Kong, Bermuda, China and the court where the principal assets of Party A are located, shall all be deemed to have jurisdiction, under the circumstances that applicable laws are not violated;

  
  	 
	21
	 
 
	 

  
  	17.3	本协议任何条款赋予双方的任何权利、权力和补救并不能排除该方依据法律规定及本协议项下其它条款所享有的其它任何权利、权力或补救,且一方对其权利、权力和补救的行使并不排除该方对其享有的其它权利、权力和补救的行使;
	17.3	Any rights, powers and remedies given to the parties under any provision of this Agreement shall not preclude a Party from exercising any other rights, powers or remedies that it is entitled to in accordance with applicable laws and other provisions of this Agreement. Moreover, a Party’s exercise of its rights, powers and remedies shall not preclude it from exercising other rights, powers and remedies that it is entitled to;

  
  	17.4	一方不行使或延迟行使其根据本协议或法律享有的任何权利、权力和补救(以下称”该方权利”)将不会导致对该等权利的放弃,并且,任何单个或部分该方权利的放弃亦不排除该方对该等权利以其他方式的行使以及其他该方权利的行使;
	17.4	A Party’s failure to exercise or delay in exercising any right, power and remedy (the “Party’s Rights”) that it is entitled to under this Agreement or applicable laws shall not result in a waiver of such rights, and any single or partial waiver of such rights shall not preclude a Party from exercising such other rights or other rights;
	  
	  

	17.5	在争议产生及解决期间,除争议事项外,各方应继续享有本协议项下的其他权利并继续履行本协议项下的义务。
	17.5	During the period of dispute and its resolution, the Parties shall continue to exercise other rights under this Agreement and continue to perform their obligations under this Agreement except for the matters in dispute.

  
 第十八条 其他
 18. Miscellaneous
  
  	18.1	本协议是各方就本协议所涉内容的完整文件,本协议连同本协议的任何附件构成本协议各方的全部意思表示一致。本协议取代了各方在本协议签署日以前任何对本协议项下拟规定事宜所做的意图、表示及理解等口头或书面协议;
	18.1	This Agreement is a comprehensive document that constitutes the Parties’ mutual agreement, and it supersedes any prior oral and written agreements such as intentions, representations and understandings regarding transactions contemplated under this Agreement;
	  
	  

	 18.2
	 通知

	 18.2
	 Notice

  
 本协议项下的通知、同意、要求或其他通讯应以交快递公司、专人递送或电子邮件方式按以下所示地址和号码发出,除非对方书面通知其变更后的地址和号码。如果交快递公司递送或交专人递送,在送至有关的上述地址时视为已送达;如果经电子邮件发送,则在进入上述电子邮件系统时视为已送达:
 All notices, consents, requests or other communications under this Agreement shall be delivered personally or by a commercial courier service or by email in accordance with the addresses listed below. Notice given by personal delivery or by courier service shall be deemed as effective upon the delivery to the address specified; Notices sent by email shall be deemed as effective upon logging into the specified email system.
  
  	 
	22
	 
 
	 

  
 甲方指定的联系人: 
 地址: 
 邮编: 
 电话:
 电子邮箱:
 Representative of Party A:
 Address:
 Zip code:
 Phone:
 Email address:
  
 乙方联系人:
 地址: 
 邮编: 
 电话:
 电子邮箱:
 Representative of Party B:
 Address:
 Zip code:
 Phone:
 Email Address:
  
 丙方联系人: 
 地址: 
 邮编: 
 电话:
 电子邮箱:
  
  	 
	23
	 
 
	 

  
 Representative of Party C:
 Address:
 Zip code:
 Phone:
 Email Address: 
   
  	18.3	本协议正本一式叁份,各方各执壹份,并具有同等法律效力。中文版本与英文版本含义不一致时,以中文版本为准。
	18.3	This Agreement is in three copies, each Party having one copy with same legal effect. In case of any discrepancies between the Chinese and the English version, the Chinese version shall prevail.

  
 (以下无正文)
 (The remainder is intentionally left blank)
   	 
	24
	 
 
	 

  
 (各方于协议开端所述日期正式签署并交付本协议)
 (The Parties have signed and executed this Agreement as of the date first above written)
  
 甲方:深圳市前海乐富电子商务有限公司(盖章)
 Party A: Shenzhen Qianhai Lefu E-Commerce Co., Ltd. (Seal)
  
 法定代表人(或授权代表):/s/ Yong Qiang Yang 
 Legal Representative (or authorized representative): 
  
 乙方:上海乐盼商务信息咨询有限公司(盖章)
 Party B: Shanghai Lepan Business Information Consulting Co., Ltd. (Seal)
  
 法定代表人(或授权代表):/s/Yong Qiang Yang 
 Legal Representative (or authorized representative): 
  
 丙方:上海乐辅电子商务有限公司(盖章)
 Party C: Shanghai Lefu E-Commerce Co., Ltd (Seal)
  
 法定代表人(或授权代表):/s/Yong Qiang Yang 
 Legal Representative (or authorized representative): 
  
  
  	25Exhibit 4.1

 

Execution Version

 

WARRANT AGREEMENT

 

THIS WARRANT AGREEMENT (this “Agreement”),
dated as of February 7, 2019, is by and between RMG Acquisition Corp., a Delaware corporation (the “Company”),
and American Stock Transfer & Trust Company, LLC, a New York limited liability trust company, as warrant agent (the “Warrant
Agent”, also referred to herein as the “Transfer Agent”).

 

WHEREAS, on December 17, 2018, the Company
entered into that certain Sponsor Warrants Purchase Agreement with RMG Sponsor, LLC, a Delaware limited liability company (the
“Sponsor”), as amended by Amendment No. 1 thereto, effective January 16, 2019, pursuant to which the Sponsor
agreed to purchase an aggregate of 3,333,333 warrants (or up to 3,766,667 warrants if the Over-allotment Option (as defined below)
in connection with the Offering (as defined below) is exercised in full) (or, in certain circumstances, 4,000,000 warrants (or
up to 4,600,000 warrants if the Over-allotment Option in connection with the Offering is exercised in full) simultaneously with
the closing of the Offering (and the closing of the Over-allotment Option, if applicable) bearing the legend set forth in Exhibit B
hereto (the “Private Placement Warrants”) at a purchase price of $1.50 per Private Placement Warrant; and

 

WHEREAS, on January 16, 2019, the Company
and certain funds and accounts managed by subsidiaries of BlackRock, Inc. and Alta Fundamental Advisers LLC (together, the “Anchor
Investors”) entered into certain subscription agreements pursuant to which the Anchor Investors agreed, subject to the
satisfaction of certain terms and conditions, to purchase an aggregate of 666,667 Private Placement Warrants (or up to 833,333
Private Placement Warrants if the Over-allotment Option is exercised in full) in a private placement occurring simultaneously with
the closing of the Public Offering; and

 

WHEREAS, in order to finance the Company’s
transaction costs in connection with an intended initial Business Combination (as defined below), the Sponsor or an affiliate of
the Sponsor or certain of the Company’s officers and directors may, but are not obligated to, loan the Company funds as the
Company may require, of which up to $1,500,000 of such loans may be convertible into up to an additional 1,000,000 Private Placement
Warrants at a price of $1.50 per warrant; and

 

WHEREAS, the Company is engaged in an initial
public offering (the “Offering”) of units of the Company’s equity securities, each such unit comprised
of one share of Common Stock (as defined below) and one-third of one Public Warrant (as defined below) (the “Units”)
and, in connection therewith, has determined to issue and deliver up to 7,666,666 warrants (including up to 1,000,000 warrants
subject to the Over-allotment Option) to public investors in the Offering (the “Public Warrants” and, together
with the Private Placement Warrants, the “Warrants”). Each whole Warrant entitles the holder thereof to purchase
one share of Class A common stock of the Company, par value $0.0001 per share (“Common Stock”), for $11.50
per share, subject to adjustment as described herein; and

 

WHEREAS, the Company has filed with the
Securities and Exchange Commission (the “Commission”) a registration statement on Form S-1, File No. 333-228849
(the “Registration Statement”) and prospectus (the “Prospectus”), for the registration, under
the Securities Act of 1933, as amended (the “Securities Act”), of the Units and the Public Warrants and the
Common Stock included in the Units; and

 

     

     

    

 

WHEREAS, the Company desires the Warrant
Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration,
transfer, exchange, redemption and exercise of the Warrants; and

 

WHEREAS, the Company desires to provide
for the form and provisions of the Warrants, the terms upon which they shall be issued and exercised, and the respective rights,
limitation of rights, and immunities of the Company, the Warrant Agent, and the holders of the Warrants; and

 

WHEREAS, all acts and things have been done
and performed which are necessary to make the Warrants, when executed on behalf of the Company and countersigned by or on behalf
of the Warrant Agent, as provided herein, the valid, binding and legal obligations of the Company, and to authorize the execution
and delivery of this Agreement.

 

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

 

Article
I.

Appointment of Warrant Agent

 

The Company hereby appoints the Warrant
Agent to act as agent for the Company for the Warrants, and the Warrant Agent hereby accepts such appointment and agrees to perform
the same in accordance with the terms and conditions set forth in this Agreement.

 

Article
II.

Warrants

 

Section 2.01         Form
of Warrant. Each Warrant shall be issued in registered form only.

 

Section 2.02         Effect
of Countersignature. If a physical certificate is issued, unless and until countersigned by the Warrant Agent pursuant to this
Agreement, a Warrant shall be invalid and of no effect and may not be exercised by the holder thereof.

 

Section 2.03         Registration.

 

(a)          Warrant
Register. The Warrant Agent shall maintain books (the “Warrant Register”), for the registration of original
issuance and the registration of transfer of the Warrants. Upon the initial issuance of the Warrants, the Warrant Agent shall issue
and register the Warrants in the names of the respective holders thereof in such denominations and otherwise in accordance with
instructions delivered to the Warrant Agent by the Company. Ownership of beneficial interests in the Public Warrants shall be shown
on, and the transfer of such ownership shall be effected through, records maintained by institutions that have accounts with the
Depository Trust Company (the “Depositary”) (such institution, with respect to a Warrant in its account, a “Participant”).

 

    	 	2	 

     

    

 

If the Depositary subsequently ceases to
make its book-entry settlement system available for the Public Warrants, the Company may instruct the Warrant Agent regarding making
other arrangements for book-entry settlement. In the event that the Public Warrants are not eligible for, or it is no longer necessary
to have the Public Warrants available in, book-entry form, the Warrant Agent shall provide written instructions to the Depositary
to deliver to the Warrant Agent for cancellation each book-entry Public Warrant, and the Company shall instruct the Warrant Agent
to deliver to the Depositary definitive certificates in physical form evidencing such Warrants which shall be in the form annexed
hereto as Exhibit A.

 

Physical certificates, if issued, shall
be signed by, or bear the facsimile signature of, the Chairman of the Board, Chief Executive Officer, President, Chief Operating
Officer, Chief Financial Officer, Secretary or other principal officer of the Company. In the event the person whose facsimile
signature has been placed upon any Warrant shall have ceased to serve in the capacity in which such person signed the Warrant before
such Warrant is issued, it may be issued with the same effect as if he or she had not ceased to be such at the date of issuance.

 

(b)          Registered
Holder. Prior to due presentment for registration of transfer of any Warrant, the Company and the Warrant Agent may deem and
treat the person in whose name such Warrant is registered in the Warrant Register (the “Registered Holder”)
as the absolute owner of such Warrant and of each Warrant represented thereby (notwithstanding any notation of ownership or other
writing on any physical certificate made by anyone other than the Company or the Warrant Agent), for the purpose of any exercise
thereof, and for all other purposes, and neither the Company nor the Warrant Agent shall be affected by any notice to the contrary.

 

Section 2.04         Detachability
of Warrants. The Common Stock and Public Warrants comprising the Units shall begin separate trading on the 52nd day following
the date of the Prospectus or, if such 52nd day is not on a day, other than a Saturday, Sunday or federal holiday, on which banks
in New York City are generally open for normal business (a “Business Day”), then on the immediately succeeding
Business Day following such date, or earlier (the “Detachment Date”) with the consent of Deutsche Bank Securities
Inc., as representative of the several underwriters, but in no event shall the Common Stock and the Public Warrants comprising
the Units be separately traded until (A) the Company has filed a current report on Form 8-K with the Commission containing
an audited balance sheet reflecting the receipt by the Company of the gross proceeds of the Offering, including the proceeds received
by the Company from the exercise by the underwriters of their right to purchase additional Units in the Offering (the “Over-allotment
Option”), if the Over-allotment Option is exercised prior to the filing of the Form 8-K, and (B) the Company
issues a press release and files with the Commission a current report on Form 8-K announcing when such separate trading shall
begin.

 

Section 2.05         No
Fractional Warrants Other Than as Part of Units. The Company shall not issue fractional Warrants other than as part of Units,
each of which is comprised of one share of Common Stock and one-third of one Public Warrant. If, upon the detachment of Public
Warrants from Units or otherwise, a holder of Warrants would be entitled to receive a fractional Warrant, the Company shall round
down to the nearest whole number the number of Warrants to be issued to such holder.

 

    	 	3	 

     

    

 

Section 2.06         Private
Placement Warrants.

 

(a)          The
Private Placement Warrants shall be identical to the Public Warrants, except that so long as they are held by the Sponsor, the
Anchor Investors or any of their respective Permitted Transferees (as defined below) the Private Placement Warrants: (i) may
be exercised for cash or on a cashless basis, pursuant to subsection 3.03(a)(i) hereof, (ii) may not be transferred,
assigned or sold until thirty (30) days after the completion by the Company of an initial Business Combination (as defined below),
and (iii) shall not be redeemable by the Company; provided, however, that in the case of clause (ii), the
Private Placement Warrants and any shares of Common Stock held by the Sponsor, the Anchor Investors or any of their respective
Permitted Transferees and issued upon exercise of the Private Placement Warrants may be transferred by the holders thereof:

 

(i)          to
the Company’s officers, directors or advisors, any affiliates or family members of any of the Company’s officers, directors
or advisors, any member(s) of the Sponsor or any affiliates of the Sponsor;

 

(ii)         in
the case of an individual, by gift to a member of the individual’s immediate family, to a trust, the beneficiary of which
is a member of the individual’s immediate family, or an affiliate of such person, or to a charitable organization;

 

(iii)        in
the case of an individual, by virtue of laws of descent and distribution upon death of the individual;

 

(iv)        in
the case of an individual, pursuant to a qualified domestic relations order;

 

(v)         by
private sales or transfers made in connection with the consummation of the Company’s initial Business Combination at prices
no greater than the price at which the Private Placement Warrants were originally purchased;

 

(vi)        in
the event of the Company’s liquidation prior to the completion of the Company’s initial Business Combination;

 

(vii)       by
virtue of the laws of the state of Delaware or the Sponsor’s limited liability company agreement upon dissolution of the
Sponsor;

 

(viii)      to
the Anchor Investors’ affiliates, to any investment fund or other entity controlled or managed by the Anchor Investors, or
to any investment manager or investment advisor of the Anchor Investors or an affiliate of any such investment manager or investment
advisor; or

 

(ix)         subsequent
to the completion of the Company’s initial Business Combination, in the event of the Company’s liquidation, merger,
capital stock exchange, reorganization or other similar transaction which results in all of the Company’s stockholders having
the right to exchange their shares of Common Stock for cash, securities or other property;

 

    	 	4	 

     

    

 

provided, however, that, in the case of clauses
(i) through (viii), these transferees (the “Permitted Transferees”) must enter into a written agreement agreeing
to be bound by the transfer restrictions in this Agreement.

 

Article
III.

Terms and Exercise of Warrants

 

Section 3.01         Warrant
Price. Each Warrant shall, when countersigned by the Warrant Agent, entitle the Registered Holder thereof, subject to the
provisions of such Warrant and of this Agreement, to purchase from the Company the number of shares of Common Stock stated therein,
at the price of $11.50 per share, subject to the adjustments provided in Article IV hereof and in the last sentence
of this Section 3.01. The term “Warrant Price” as used in this Agreement shall mean the price per share
at which shares of Common Stock may be purchased at the time a Warrant is exercised. The Company in its sole discretion may lower
the Warrant Price at any time prior to the Expiration Date (as defined below) for a period of not less than twenty (20) Business
Days; provided, that (i) the Company shall provide at least twenty (20) days’ prior written notice of such reduction
to Registered Holders of the Warrants and (ii) that any such reduction shall be identical among all of the Warrants.

 

Section 3.02         Duration
of Warrants. A Warrant may be exercised only during the period (the “Exercise Period”) commencing on the
later of: (i) the date that is thirty (30) days after the first date on which the Company completes a merger, capital stock
exchange, asset acquisition, stock purchase, reorganization or similar business combination, involving the Company and one or
more businesses (a “Business Combination”), or (ii) the date that is twelve (12) months from the date
of the closing of the Offering, and terminating at 5:00 p.m., New York City time, on the earlier to occur of: (w) the
date that is five (5) years after the date on which the Company completes its Business Combination, (x) the liquidation of
the Company in accordance with the Company’s amended and restated certificate of incorporation, as amended from time to
time, if the Company fails to complete a Business Combination, (y) other than with respect to the Private Placement Warrants
then held by the Sponsor, the Anchor Investors or their respective Permitted Transferees, the Redemption Date (as defined below)
as provided in Section 6.03 hereof or (z) the Alternative Redemption Date (as defined below) as provided in Section
6.03 hereof (the “Expiration Date”); provided, however, that the exercise of any Warrant
shall be subject to the satisfaction of any applicable conditions, as set forth in subsection 3.03(b) below with respect
to an effective registration statement. Except with respect to the right to receive the Redemption Price (as defined below) or
the Alternative Redemption Price (as defined below) (other than with respect to a Private Placement Warrant then held by the Sponsor,
the Anchor Investors or their respective Permitted Transferees) in the event of a redemption (as set forth in Article VI
hereof), each outstanding Warrant (other than a Private Placement Warrant held by the Sponsor, the Anchor Investors or their
respective Permitted Transferees in the event of a redemption) not exercised on or before the Expiration Date shall become void,
and all rights thereunder and all rights in respect thereof under this Agreement shall cease at 5:00 p.m., New York City
time, on the Expiration Date. The Company in its sole discretion may extend the duration of the Warrants by delaying the Expiration
Date; provided, that (1) the Company shall provide at least twenty (20) days’ prior written notice of any such extension
to Registered Holders of the Warrants and (2) that any such extension shall be identical in duration among all the Warrants.

 

    	 	5	 

     

    

 

Section 3.03         Exercise
of Warrants.

 

(a)          Payment.
Subject to the provisions of the Warrant and this Agreement, a Warrant, when countersigned by the Warrant Agent, may be exercised
by the Registered Holder thereof by surrendering it, at the office of the Warrant Agent, or at the office of its successor as Warrant
Agent, in the Borough of Manhattan, City and State of New York, with the subscription form, as set forth in the Warrant, duly executed,
and by paying in full the Warrant Price for each full share of Common Stock as to which the Warrant is exercised and any and all
applicable taxes due in connection with the exercise of the Warrant, the exchange of the Warrant for the shares of Common Stock
and the issuance of such shares of Common Stock, as follows:

 

(i)          in
lawful money of the United States, in good certified check or good bank draft payable to the Warrant Agent;

 

(ii)         in
the event of a redemption pursuant to Article VI hereof in which the Company’s board of directors (the “Board”)
has elected to require all holders of the Warrants to exercise such Warrants on a “cashless basis,” by surrendering
the Warrants for that number of shares of Common Stock equal to the quotient obtained by dividing (x) the product of the number
of shares of Common Stock underlying the Warrants, multiplied by the difference between the Warrant Price and the “Fair Market
Value”, as defined in this subsection 3.03(a)(ii) by (y) the Fair Market Value. Solely for purposes of this subsection 3.03(a)(ii),
Section 6.02 and Section 6.04, the “Fair Market Value” shall mean the average reported last sale
price of the Common Stock for the ten (10) trading days ending on the third trading day prior to the date on which the notice of
redemption is sent to the holders of the Warrants pursuant to Article VI hereof;

 

(iii)        with
respect to any Private Placement Warrant, so long as such Private Placement Warrant is held by the Sponsor, the Anchor Investors
or their respective Permitted Transferees, by surrendering the Warrants for that number of shares of Common Stock equal to the
quotient obtained by dividing (x) the product of the number of shares of Common Stock underlying the Warrants, multiplied
by the difference between the Warrant Price and the “Fair Market Value”, as defined in this subsection 3.03(a)(iii),
by (y) the Fair Market Value. Solely for purposes of this subsection 3.03(a)(iii), the “Fair Market Value”
shall mean the average reported last sale price of the Common Stock for the ten (10) trading days ending on the third trading day
prior to the date on which notice of exercise of the Private Placement Warrant is sent to the Warrant Agent; or

 

(iv)        as
provided in Section 7.04 hereof.

 

    	 	6	 

     

    

 

(b)          Issuance
of Shares of Common Stock on Exercise. As soon as practicable after the exercise of any Warrant and the clearance of the funds
in payment of the Warrant Price (if payment is pursuant to subsection 3.03(a)(i)), the Company shall issue to the Registered
Holder of such Warrant a book-entry position or certificate, as applicable, for the number of full shares of Common Stock to which
he, she or it is entitled, registered in such name or names as may be directed by him, her or it, and if such Warrant shall not
have been exercised in full, a new book-entry position or countersigned Warrant, as applicable, for the number of shares of Common
Stock as to which such Warrant shall not have been exercised. Notwithstanding the foregoing, the Company shall not be obligated
to deliver any shares of Common Stock pursuant to the exercise of a Warrant and shall have no obligation to settle such Warrant
exercise unless a registration statement under the Securities Act with respect to the shares of Common Stock underlying the Public
Warrants is then effective and a prospectus relating thereto is current, subject to the Company’s satisfying its obligations
under Section 7.04. No Warrant shall be exercisable and the Company shall not be obligated to issue shares of Common
Stock upon exercise of a Warrant unless the Common Stock issuable upon such Warrant exercise has been registered, qualified or
deemed to be exempt from registration or qualification under the securities laws of the state of residence of the Registered Holder
of the Warrants. In the event that the conditions in the two immediately preceding sentences are not satisfied with respect to
a Warrant, the holder of such Warrant shall not be entitled to exercise such Warrant and such Warrant may have no value and expire
worthless, in which case the purchaser of a Unit containing such Public Warrants shall have paid the full purchase price for the
Unit solely for the shares of Common Stock underlying such Unit. The Company may require holders of Public Warrants to settle the
Warrant on a “cashless basis” pursuant to Section 7.04. If, by reason of any exercise of warrants on a
“cashless basis”, the holder of any Warrant would be entitled, upon the exercise of such Warrant, to receive a fractional
interest in a share of Common Stock, the Company shall round down to the nearest whole number, the number of shares of Common Stock
to be issued to such holder.

 

(c)          Valid
Issuance. All shares of Common Stock issued upon the proper exercise of a Warrant in conformity with this Agreement shall be
validly issued, fully paid and non-assessable.

 

(d)          Date
of Issuance. Each person in whose name any book-entry position or certificate, as applicable, for shares of Common Stock is
issued shall for all purposes be deemed to have become the holder of record of such shares of Common Stock on the date on which
the Warrant, or book-entry position representing such Warrant, was surrendered and payment of the Warrant Price was made, irrespective
of the date of delivery of such certificate in the case of a certificated Warrant, except that, if the date of such surrender and
payment is a date when the share transfer books of the Company or book-entry system of the Warrant Agent are closed, such person
shall be deemed to have become the holder of such shares of Common Stock at the close of business on the next succeeding date on
which the share transfer books or book-entry system are open.

 

    	 	7	 

     

    

 

(e)          Maximum
Percentage. A holder of a Warrant may notify the Company in writing in the event it elects to be subject to the provisions
contained in this subsection 3.03(e); however, no holder of a Warrant shall be subject to this subsection 3.03(e)
unless he, she or it makes such election. If the election is made by a holder, the Warrant Agent shall not effect the exercise
of the holder’s Warrant, and such holder shall not have the right to exercise such Warrant, to the extent that after giving
effect to such exercise, such person and any of its affiliates or any other person subject to aggregation with such person for
purposes of the “beneficial ownership” test under Section 13 of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”), or any “group” (within the meaning of Section 13 of the Exchange Act)
of which such person is or may be deemed to be a part, would beneficially own (within the meaning of Section 13 of the Exchange
Act) (or to the extent that for any reason the equivalent calculation under Section 16 of the Exchange Act and the rules and
regulations thereunder would result in a higher ownership percentage, such higher percentage would be) in excess of 9.8% (as specified
by the holder) (the “Maximum Percentage”) of the shares of Common Stock outstanding immediately after giving
effect to such exercise. For purposes of the foregoing sentence, the aggregate number of shares of Common Stock beneficially owned
by such person and its affiliates or any such other person or group shall include the number of shares of Common Stock issuable
upon exercise of the Warrant with respect to which the determination of such sentence is being made, but shall exclude shares of
Common Stock that would be issuable upon (x) exercise of the remaining, unexercised portion of the Warrant beneficially owned
by such person and its affiliates and (y) exercise or conversion of the unexercised or unconverted portion of any other securities
of the Company beneficially owned by such person and its affiliates (including, without limitation, any convertible notes or convertible
preferred stock or warrants) subject to a limitation on conversion or exercise analogous to the limitation contained herein. Except
as set forth in the preceding sentence, for purposes of this paragraph, beneficial ownership shall be calculated in accordance
with Section 13(d) of the Exchange Act. For purposes of the Warrant, in determining the number of outstanding shares of Common
Stock, the holder may rely on the number of outstanding shares of Common Stock as reflected in (1) the Company’s most recent
annual report on Form 10-K, quarterly report on Form 10-Q, current report on Form 8-K or other public filing with the Commission
as the case may be, (2) a more recent public announcement by the Company or (3) any other notice by the Company or the Transfer
Agent setting forth the number of shares of Common Stock outstanding. For any reason at any time, upon the written request of the
holder of the Warrant, the Company shall, within two (2) Business Days, confirm orally and in writing to such holder the number
of shares of Common Stock then outstanding. In any case, the number of outstanding shares of Common Stock shall be determined after
giving effect to the conversion or exercise of equity securities of the Company by the holder and its affiliates since the date
as of which such number of outstanding shares of Common Stock was reported. By written notice to the Company, the holder of a Warrant
may from time to time increase or decrease the Maximum Percentage applicable to such holder to any other percentage specified in
such notice; provided, however, that any such increase shall not be effective until the 61st day after such notice
is delivered to the Company.

 

Article
IV.

Adjustments

 

Section 4.01         Stock
Dividends.

 

(a)          Split-Ups.
If after the date hereof, and subject to the provisions of Section 4.06 below, the number of outstanding shares of
Common Stock is increased by a stock dividend payable in shares of Common Stock, or by a split-up of shares of Common Stock or
other similar event, then, on the effective date of such stock dividend, split-up or similar event, the number of shares of Common
Stock issuable on exercise of each Warrant shall be increased in proportion to such increase in the outstanding shares of Common
Stock. A rights offering to holders of the Common Stock entitling holders to purchase shares of Common Stock at a price less than
the “Fair Market Value” (as defined below) shall be deemed a stock dividend of a number of shares of Common Stock equal
to the product of (i) the number of shares of Common Stock actually sold in such rights offering (or issuable under any other
equity securities sold in such rights offering that are convertible into or exercisable for the Common Stock) multiplied by (ii) one
(1) minus the quotient of (x) the price per share of Common Stock paid in such rights offering divided by (y) the
Fair Market Value. For purposes of this subsection 4.01(a), (i) if the rights offering is for securities convertible
into or exercisable for Common Stock, in determining the price payable for Common Stock, there shall be taken into account any
consideration received for such rights, as well as any additional amount payable upon exercise or conversion and (ii) “Fair
Market Value” means the volume weighted average price of the Common Stock as reported during the ten (10) trading day period
ending on the trading day prior to the first date on which the shares of Common Stock trade on the applicable exchange or in the
applicable market, regular way, without the right to receive such rights.

 

    	 	8	 

     

    

 

(b)          Extraordinary
Dividends. If the Company, at any time while the Warrants are outstanding and unexpired, shall pay a dividend or make a distribution
in cash, securities or other assets to the holders of the Common Stock on account of such shares of Common Stock (or other shares
of the Company’s capital stock into which the Warrants are convertible), other than (i) as described in subsection
4.01(a) above, (ii) Ordinary Cash Dividends (as defined below), (iii) to satisfy the redemption rights of the holders
of the Common Stock in connection with a proposed initial Business Combination, (iv) to satisfy the redemption rights of the
holders of Common Stock in connection with a stockholder vote to amend the Company’s amended and restated certificate of
incorporation to modify the substance or timing of the Company’s obligation to redeem 100% of the shares of Common Stock
included in the Units sold in the Offering if the Company does not complete the Business Combination within the time period set
forth in the Company’s amended and restated certificate of incorporation, or (v) in connection with the redemption of
the shares of Common Stock included in the Units sold in the Offering upon the failure of the Company to complete its initial Business
Combination and any subsequent distribution of its assets upon its liquidation (any such non-excluded event being referred to herein
as an “Extraordinary Dividend”), then the Warrant Price shall be decreased, effective immediately after the
effective date of such Extraordinary Dividend, by the amount of cash and/or the fair market value (as determined by the Board,
in good faith) of any securities or other assets paid on each share of Common Stock in respect of such Extraordinary Dividend.
For purposes of this subsection 4.01(b), “Ordinary Cash Dividends” means any cash dividend or cash distribution
which, when combined on a per share basis, with the per share amounts of all other cash dividends and cash distributions paid on
the Common Stock during the 365-day period ending on the date of declaration of such dividend or distribution (as adjusted to appropriately
reflect any of the events referred to in other subsections of this Article IV and excluding cash dividends or cash
distributions that resulted in an adjustment to the Warrant Price or to the number of shares of Common Stock issuable on exercise
of each Warrant) does not exceed $0.50 (being 5% of the offering price of the Units in the Offering).

 

Section 4.02         Aggregation
of Shares. If after the date hereof, and subject to the provisions of Section 4.06 hereof, the number of outstanding
shares of Common Stock is decreased by a consolidation, combination, reverse stock split or reclassification of shares of Common
Stock or other similar event, then, on the effective date of such consolidation, combination, reverse stock split, reclassification
or similar event, the number of shares of Common Stock issuable on exercise of each Warrant shall be decreased in proportion to
such decrease in outstanding shares of Common Stock.

 

Section 4.03         Adjustments
in Exercise Price.

 

    	 	9	 

     

    

 

(a)          Whenever
the number of shares of Common Stock purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.01(a)
or Section 4.02 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price
immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Common Stock
purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall
be the number of shares of Common Stock so purchasable immediately thereafter.

 

(b)          If,
in connection with the closing of the initial Business Combination, the Company issues additional shares of Common Stock or securities
convertible into or exercisable or exchangeable for shares of Common Stock for capital raising purposes at an issue price or effective
issue price of less than $9.20 per share of Common Stock, with such issue price or effective issue price to be determined in good
faith by the Board (and in the case of any such issuance to the Sponsor or its affiliates, without taking into account any shares
of Common Stock issued prior to the Offering and held by the Sponsor or such affiliates, as applicable, prior to such issuance)
(the “Newly Issued Price”), the Warrant Price shall be adjusted (to the nearest cent) to be equal to 115% of
the Newly Issued Price.

 

    	 	10	 

     

    

 

Section 4.04         Replacement
of Securities upon Reorganization, etc. In case of any reclassification or reorganization of the outstanding shares of
Common Stock (other than a change under subsections 4.01(a) or 4.01(b) or Section 4.02 hereof or that
solely affects the par value of such shares of Common Stock), or in the case of any merger or consolidation of the Company with
or into another entity or conversion of the Company as another entity (other than a consolidation or merger in which the Company
is the continuing corporation and that does not result in any reclassification or reorganization of the outstanding shares of
Common Stock), or in the case of any sale or conveyance to another corporation or entity of the assets or other property of the
Company as an entirety or substantially as an entirety in connection with which the Company is dissolved, the holders of the Warrants
shall thereafter have the right to purchase and receive, upon the basis and upon the terms and conditions specified in the Warrants
and in lieu of the shares of Common Stock of the Company immediately theretofore purchasable and receivable upon the exercise
of the rights represented thereby, the kind and amount of shares of stock or other securities or property (including cash) receivable
upon such reclassification, reorganization, merger or consolidation, or upon a dissolution following any such sale or transfer,
that the holder of the Warrants would have received if such holder had exercised his, her or its Warrant(s) immediately prior
to such event (the “Alternative Issuance”); provided, however, that (i) if the holders of
the Common Stock were entitled to exercise a right of election as to the kind or amount of securities, cash or other assets receivable
upon such consolidation or merger, then the kind and amount of securities, cash or other assets constituting the Alternative Issuance
for which each Warrant shall become exercisable shall be deemed to be the weighted average of the kind and amount received per
share by the holders of the Common Stock in such consolidation or merger that affirmatively make such election, and (ii) if
a tender, exchange or redemption offer shall have been made to and accepted by the holders of the Common Stock (other than a tender,
exchange or redemption offer made by the Company in connection with redemption rights held by stockholders of the Company as provided
for in the Company’s amended and restated certificate of incorporation or as a result of the repurchase of shares of Common
Stock by the Company if a proposed initial Business Combination is presented to the stockholders of the Company for approval)
under circumstances in which, upon completion of such tender or exchange offer, the maker thereof, together with members of any
group (within the meaning of Rule 13d-5(b)(1) under the Exchange Act (or any successor rule)) of which such maker is a part,
and together with any affiliate or associate of such maker (within the meaning of Rule 12b-2 under the Exchange Act (or any
successor rule)) and any members of any such group of which any such affiliate or associate is a part, own beneficially (within
the meaning of Rule 13d-3 under the Exchange Act (or any successor rule)) more than 50% of the outstanding shares of Common
Stock, the holder of a Warrant shall be entitled to receive as the Alternative Issuance, the highest amount of cash, securities
or other property to which such holder would actually have been entitled as a stockholder if such Warrant holder had exercised
the Warrant prior to the expiration of such tender or exchange offer, accepted such offer and all of the Common Stock held by
such holder had been purchased pursuant to such tender or exchange offer, subject to adjustments (from and after the consummation
of such tender or exchange offer) as nearly equivalent as possible to the adjustments provided for in this Article IV;
provided, further, that if less than 70% of the consideration receivable by the holders of the Common Stock in the
applicable event is payable in the form of common stock in the successor entity that is listed for trading on a national securities
exchange or is quoted in an established over-the-counter market, or is to be so listed for trading or quoted immediately following
such event, and if the Registered Holder properly exercises the Warrant within thirty (30) days following the public disclosure
of the consummation of such applicable event by the Company pursuant to a Current Report on Form 8-K filed with the Commission,
the Warrant Price shall be reduced by an amount (in dollars) equal to the difference of (i) the Warrant Price in effect prior
to such reduction minus (ii) (A) the Per Share Consideration (as defined below) (but in no event less than zero) minus
(B) the Black-Scholes Warrant Value (as defined below). The “Black-Scholes Warrant Value” means the value
of a Warrant immediately prior to the consummation of the applicable event based on the Black-Scholes Warrant Model for a Capped
American Call on Bloomberg Financial Markets (“Bloomberg”). For purposes of calculating such amount, (1) Article VI
of this Agreement shall be taken into account, (2) the price of each share of Common Stock shall be the volume weighted
average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective
date of the applicable event, (3) the assumed volatility shall be the ninety (90)-day volatility obtained from the HVT function
on Bloomberg determined as of the trading day immediately prior to the day of the announcement of the applicable event, and (4) the
assumed risk-free interest rate shall correspond to the U.S. Treasury rate for a period equal to the remaining term of the Warrant.
“Per Share Consideration” means (i) if the consideration paid to holders of the Common Stock consists
exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted
average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective
date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered
by subsection 4.01(a), then such adjustment shall be made pursuant to subsection 4.01(a) or Sections 4.02,
4.03 and this Section 4.04. The provisions of this Section 4.04 shall similarly apply to successive
reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be
reduced to less than the par value per share issuable upon exercise of the Warrant.

 

    	 	11	 

     

    

 

Section 4.05         Notices
of Changes in Warrant. Upon every adjustment of the Warrant Price or the number of shares of Common Stock issuable upon exercise
of a Warrant, the Company shall give written notice thereof to the Warrant Agent, which notice shall state the Warrant Price resulting
from such adjustment and the increase or decrease, if any, in the number of shares of Common Stock purchasable at such price upon
the exercise of a Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation
is based. Upon the occurrence of any event specified in Sections 4.01, 4.02, 4.03 or 4.04, the Company
shall give written notice of the occurrence of such event to each holder of a Warrant, at the last address set forth for such
holder in the Warrant Register, of the record date or the effective date of the event. Failure to give such notice, or any defect
therein, shall not affect the legality or validity of such event.

 

Section 4.06         No
Fractional Shares. Notwithstanding any provision contained in this Agreement to the contrary, the Company shall not issue
fractional shares of Common Stock upon the exercise of Warrants. If, by reason of any adjustment made pursuant to this Article IV,
the holder of any Warrant would be entitled, upon the exercise of such Warrant, to receive a fractional interest in a share, the
Company shall, upon such exercise, round down to the nearest whole number the number of shares of Common Stock to be issued to
such holder.

 

Section 4.07         Form
of Warrant. The form of Warrant need not be changed because of any adjustment pursuant to this Article IV, and
Warrants issued after such adjustment may state the same Warrant Price and the same number of shares of Common Stock as is stated
in the Warrants initially issued pursuant to this Agreement; provided, however, that the Company may at any time
in its sole discretion make any change in the form of Warrant that the Company may deem appropriate and that does not affect the
substance thereof, and any Warrant thereafter issued or countersigned, whether in exchange or substitution for an outstanding
Warrant or otherwise, may be in the form as so changed.

 

Section 4.08         Other
Events. In case any event shall occur affecting the Company as to which none of the provisions of the preceding subsections
of this Article IV are strictly applicable, but which would require an adjustment to the terms of the Warrants in
order to (i) avoid an adverse impact on the Warrants and (ii) effectuate the intent and purpose of this Article IV,
then, in each such case, the Company shall appoint a firm of independent public accountants, investment banking or other appraisal
firm of recognized national standing, which shall give its opinion as to whether or not any adjustment to the rights represented
by the Warrants is necessary to effectuate the intent and purpose of this Article IV and, if they determine that an
adjustment is necessary, the terms of such adjustment; provided, however, that under no circumstances shall the
Warrants be adjusted pursuant to this Section 4.08 as a result of any issuance of securities in connection with a
Business Combination. The Company shall adjust the terms of the Warrants in a manner that is consistent with any adjustment recommended
in such opinion.

 

Article
V.

Transfer and Exchange of Warrants

 

Section 5.01         Registration
of Transfer. The Warrant Agent shall register the transfer, from time to time, of any outstanding Warrant upon the Warrant
Register, upon surrender of such Warrant for transfer, in the case of certificated warrants, properly endorsed with signatures
properly guaranteed and accompanied by appropriate instructions for transfer. Upon any such transfer, a new Warrant representing
an equal aggregate number of Warrants shall be issued and the old Warrant shall be cancelled by the Warrant Agent. In the case
of certificated warrants, the Warrants so cancelled shall be delivered by the Warrant Agent to the Company from time to time upon
request.

 

    	 	12	 

     

    

 

Section 5.02         Procedure
for Surrender of Warrants. Warrants may be surrendered to the Warrant Agent, together with a written request for exchange
or transfer, and thereupon the Warrant Agent shall issue in exchange therefor one or more new Warrants as requested by the Registered
Holder of the Warrants so surrendered, representing an equal aggregate number of Warrants; provided, however, that
in the event that a Warrant surrendered for transfer bears a restrictive legend (as in the case of the Private Placement Warrants),
the Warrant Agent shall not cancel such Warrant and issue new Warrants in exchange thereof until the Warrant Agent has received
an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Warrants must also
bear a restrictive legend.

 

Section 5.03         Fractional
Warrants. The Warrant Agent shall not be required to effect any registration of transfer or exchange which shall result in
the issuance of a warrant certificate or book-entry position for a fraction of a warrant, except as part of the Units.

 

Section 5.04         Service
Charges. No service charge shall be made for any exchange or registration of transfer of Warrants.

 

Section 5.05         Warrant
Execution and Countersignature

 

. The Warrant Agent is hereby authorized
to countersign and to deliver, in accordance with the terms of this Agreement, the Warrants required to be issued pursuant to the
provisions of this Article V, and the Company, whenever required by the Warrant Agent, shall supply the Warrant Agent
with Warrants duly executed on behalf of the Company for such purpose.

 

Section 5.06         Transfer
of Warrants. Prior to the Detachment Date, the Public Warrants may be transferred or exchanged only together with the Unit
in which such Warrant is included, and only for the purpose of effecting, or in conjunction with, a transfer or exchange of such
Unit. Furthermore, each transfer of a Unit on the register relating to such Units shall operate also to transfer the Warrants
included in such Unit. Notwithstanding the foregoing, the provisions of this Section 5.06 shall have no effect on
any transfer of Warrants on and after the Detachment Date.

 

Article
VI.

Redemption

 

Section 6.01         Redemption
of Warrants for Cash. Subject to Sections 6.05 and 6.06 hereof, not less than all of the outstanding Warrants
may be redeemed, at the option of the Company, at any time while they are exercisable and prior to their expiration, at the office
of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.03 below, at
the price of $0.01 per Warrant (the “Redemption Price”); provided that the last sales price of the Common
Stock reported has been at least $18.00 per share (subject to adjustment in compliance with Article IV hereof), on
each of twenty (20) trading days within the thirty (30) trading-day period ending on the third Business Day prior to the date
on which notice of the redemption is given and provided that there is an effective registration statement covering the
shares of Common Stock issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout
the 30-day Redemption Period (as defined in Section 6.02 below) or the Company has elected to require the exercise
of the Warrants on a “cashless basis” pursuant to subsection 3.03(a); provided, however,
that if and when the Public Warrants become redeemable by the Company, the Company may not exercise such redemption right if the
issuance of shares of Common Stock upon exercise of the Public Warrants is not exempt from registration or qualification under
applicable state blue sky laws or the Company is unable to effect such registration or qualification.

 

    	 	13	 

     

    

 

Section 6.02         Redemption
of Warrants for Common Stock. Subject to Sections 6.05 and 6.06 hereof, not less than all of the outstanding Warrants may
be redeemed, at the option of the Company, commencing ninety (90) days after they are first exercisable and prior to their expiration,
at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.03 below,
at a price equal to a number of shares of Common Stock determined by reference to the table below, based on the redemption date
(calculated for purposes of the table as the period to expiration of the Warrants) and the “Fair Market Value” (as
such term is defined in Section 3.03(a)(ii) (the “Alternative Redemption Price”), provided that the last sales price
of the Common Stock reported has been at least $10.00 per share (subject to adjustment in compliance with Article IV hereof),
on the trading day prior to the date on which notice of the redemption is given and provided that there is an effective registration
statement covering the shares of Common Stock issuable upon exercise of the Warrants, and a current prospectus relating thereto,
available throughout the 30-day Redemption Period (as defined in Section 6.03 below) or the Company has elected to require the
exercise of the Warrants on a “cashless basis” pursuant to Section 3.03(a)(ii).

 

	Redemption Date
 (period to expiration of warrants)	 	Fair Market Value of Class A Common Stock	 
	
	 	$	10.00	 	 	$	11.00	 	 	$	12.00	 	 	$	13.00	 	 	$	14.00	 	 	$	15.00	 	 	$	16.00	 	 	$	17.00	 	 	$	18.00	 
	57 months	 	 	0.257	 	 	 	0.277	 	 	 	0.294	 	 	 	0.310	 	 	 	0.324	 	 	 	0.337	 	 	 	0.348	 	 	 	0.358	 	 	 	0.365	 
	54 months	 	 	0.252	 	 	 	0.272	 	 	 	0.291	 	 	 	0.307	 	 	 	0.322	 	 	 	0.335	 	 	 	0.347	 	 	 	0.357	 	 	 	0.365	 
	51 months	 	 	0.246	 	 	 	0.268	 	 	 	0.287	 	 	 	0.304	 	 	 	0.320	 	 	 	0.333	 	 	 	0.346	 	 	 	0.357	 	 	 	0.365	 
	48 months	 	 	0.241	 	 	 	0.263	 	 	 	0.283	 	 	 	0.301	 	 	 	0.317	 	 	 	0.332	 	 	 	0.344	 	 	 	0.356	 	 	 	0.365	 
	45 months	 	 	0.235	 	 	 	0.258	 	 	 	0.279	 	 	 	0.298	 	 	 	0.315	 	 	 	0.330	 	 	 	0.343	 	 	 	0.356	 	 	 	0.365	 
	42 months	 	 	0.228	 	 	 	0.252	 	 	 	0.274	 	 	 	0.294	 	 	 	0.312	 	 	 	0.328	 	 	 	0.342	 	 	 	0.355	 	 	 	0.364	 
	39 months	 	 	0.221	 	 	 	0.246	 	 	 	0.269	 	 	 	0.290	 	 	 	0.309	 	 	 	0.325	 	 	 	0.340	 	 	 	0.354	 	 	 	0.364	 
	36 months	 	 	0.213	 	 	 	0.239	 	 	 	0.263	 	 	 	0.285	 	 	 	0.305	 	 	 	0.323	 	 	 	0.339	 	 	 	0.353	 	 	 	0.364	 
	33 months	 	 	0.205	 	 	 	0.232	 	 	 	0.257	 	 	 	0.280	 	 	 	0.301	 	 	 	0.320	 	 	 	0.337	 	 	 	0.352	 	 	 	0.364	 
	30 months	 	 	0.196	 	 	 	0.224	 	 	 	0.250	 	 	 	0.274	 	 	 	0.297	 	 	 	0.316	 	 	 	0.335	 	 	 	0.351	 	 	 	0.364	 
	27 months	 	 	0.185	 	 	 	0.214	 	 	 	0.242	 	 	 	0.268	 	 	 	0.291	 	 	 	0.313	 	 	 	0.332	 	 	 	0.350	 	 	 	0.364	 
	24 months	 	 	0.173	 	 	 	0.204	 	 	 	0.233	 	 	 	0.260	 	 	 	0.285	 	 	 	0.308	 	 	 	0.329	 	 	 	0.348	 	 	 	0.364	 
	21 months	 	 	0.161	 	 	 	0.193	 	 	 	0.223	 	 	 	0.252	 	 	 	0.279	 	 	 	0.304	 	 	 	0.326	 	 	 	0.347	 	 	 	0.364	 
	18 months	 	 	0.146	 	 	 	0.179	 	 	 	0.211	 	 	 	0.242	 	 	 	0.271	 	 	 	0.298	 	 	 	0.322	 	 	 	0.345	 	 	 	0.363	 
	15 months	 	 	0.130	 	 	 	0.164	 	 	 	0.197	 	 	 	0.230	 	 	 	0.262	 	 	 	0.291	 	 	 	0.317	 	 	 	0.342	 	 	 	0.363	 
	12 months	 	 	0.111	 	 	 	0.146	 	 	 	0.181	 	 	 	0.216	 	 	 	0.250	 	 	 	0.282	 	 	 	0.312	 	 	 	0.339	 	 	 	0.363	 
	9 months	 	 	0.090	 	 	 	0.125	 	 	 	0.162	 	 	 	0.199	 	 	 	0.237	 	 	 	0.272	 	 	 	0.305	 	 	 	0.336	 	 	 	0.362	 
	6 months	 	 	0.065	 	 	 	0.099	 	 	 	0.137	 	 	 	0.178	 	 	 	0.219	 	 	 	0.259	 	 	 	0.296	 	 	 	0.331	 	 	 	0.362	 
	3 months	 	 	0.034	 	 	 	0.065	 	 	 	0.104	 	 	 	0.150	 	 	 	0.197	 	 	 	0.243	 	 	 	0.286	 	 	 	0.326	 	 	 	0.361	 
	0 months	 	 	—	 	 	 	—	 	 	 	0.042	 	 	 	0.115	 	 	 	0.179	 	 	 	0.233	 	 	 	0.281	 	 	 	0.323	 	 	 	0.361	 

 

If the exact Fair Market Value and Redemption
Date (as defined below) are between two values in the table above or the Redemption Date is between two redemption dates in the
table above, the number of shares of Common Stock to be issued for each Warrant redeemed will be determined by a straight-line
interpolation between the number of shares set forth for the higher and lower Fair Market Values and the earlier and later redemption
dates, as applicable, based on a 365-day year.

 

    	 	14	 

     

    

 

Section 6.03         Date
Fixed for, and Notice of, Redemption. In the event that the Company elects to redeem all of the Warrants pursuant to Section
6.01, the Company shall fix a date for the redemption (the “Redemption Date”). In the event that the Company
elects to redeem all of the Warrants pursuant to Section 6.02, the Company shall fix a date for redemption (the “Alternative
Redemption Date”). Notice of redemption shall be mailed by first class mail, postage prepaid, by the Company not less
than thirty (30) days prior to the Redemption Date (the “30-day Redemption Period”) to the Registered Holders
of the Public Warrants to be redeemed at their last addresses as they shall appear on the registration books. Any notice mailed
in the manner herein provided shall be conclusively presumed to have been duly given whether or not the Registered Holder received
such notice.

 

Section 6.04         Exercise
After Notice of Redemption. The Warrants may be exercised, for cash (or on a “cashless basis” in accordance with
subsection 3.03(a)(ii) of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant
to Section 6.03 hereof and prior to the Redemption Date. In the event that the Company determines to require all holders
of Warrants to exercise their Warrants on a “cashless basis” pursuant to subsection 3.03(a)(ii), the notice
of redemption shall contain the information necessary to calculate the number of shares of Common Stock to be received upon exercise
of the Warrants, including the “Fair Market Value” (as such term is defined in subsection 3.03(a)(ii) hereof)
in such case. On and after the Redemption Date, the record holder of the Warrants shall have no further rights except to receive,
upon surrender of the Warrants, the Redemption Price or the Alternative Redemption Price, as applicable.

 

Section 6.05         Effect
on Private Placement Warrants.

 

(a)          The
Company agrees that the redemption rights provided in Sections 6.01 shall not apply to the Private Placement Warrants if
at the time of the redemption such Private Placement Warrants continue to be held by the Sponsor, the Anchor Investors or their
Permitted Transferees. However, once such Private Placement Warrants are transferred (other than to Permitted Transferees under
Section 2.06), the Company may redeem the Private Placement Warrants pursuant to Sections 6.01; provided
that the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants to exercise
the Private Placement Warrants prior to redemption pursuant to Sections 6.04. Private Placement Warrants that are transferred
to persons other than Permitted Transferees shall upon such transfer cease to be Private Placement Warrants and shall become Public
Warrants under this Agreement.

 

(b)          The
Company agrees that the redemption rights provided in Sections 6.02 shall apply to the Private Placement Warrants pari
passu with the Public Warrants if at the time of the redemption such Private Placement Warrants continue to be held by the
Sponsor, the Anchor Investors or their Permitted Transferees. Once such Private Placement Warrants are transferred (other than
to Permitted Transferees under Section 2.06), the Company may redeem the Private Placement Warrants pursuant to Sections
6.02; if the criteria for redemption are met, including the opportunity of the holder of such Private Placement Warrants to
exercise the Private Placement Warrants prior to redemption pursuant to Sections 6.04.

 

    	 	15	 

     

    

 

Section 6.06         Public
Warrants held by the Company’s Officers or Directors. The Company agrees that if Public Warrants are held by any of the
Company’s officers or directors, the Public Warrants held by such officers and directors will be subject to the redemption
rights provided in Section 6.02, except that such officers and directors shall receive only “Fair Market Value”
(“Fair Market Value” in this Section 6.06 shall mean the last sale price of the Public Warrants on the Alternative
Redemption Date) for such Public Warrants so redeemed.

 

Article
VII.

Other Provisions Relating to Rights of Holders of Warrants

 

Section 7.01         No
Rights as Stockholder. A Warrant does not entitle the Registered Holder thereof to any of the rights of a stockholder of the
Company, including, without limitation, the right to receive dividends, or other distributions, exercise any preemptive rights
to vote or to consent or to receive notice as a stockholder in respect of the meetings of stockholders or the election of directors
of the Company or any other matter.

 

Section 7.02         Lost,
Stolen, Mutilated, or Destroyed Warrants. If any Warrant is lost, stolen, mutilated, or destroyed, the Company and the Warrant
Agent may on such terms as to indemnity or otherwise as they may in their discretion impose (which shall, in the case of a mutilated
Warrant, include the surrender thereof), issue a new Warrant of like denomination, tenor, and date as the Warrant so lost, stolen,
mutilated, or destroyed. Any such new Warrant shall constitute a substitute contractual obligation of the Company, whether or
not the allegedly lost, stolen, mutilated, or destroyed Warrant shall be at any time enforceable by anyone.

 

Section 7.03         Reservation
of Common Stock. The Company shall at all times reserve and keep available a number of its authorized but unissued shares
of Common Stock that shall be sufficient to permit the exercise in full of all outstanding Warrants issued pursuant to this Agreement.

 

Section 7.04         Registration
of Common Stock; Cashless Exercise at Company’s Option.

 

    	 	16	 

     

    

 

(a)          Registration
of the Common Stock. The Company agrees that as soon as practicable, but in no event later than fifteen (15) Business Days
after the closing of its initial Business Combination, it shall use its reasonable best efforts to file with the Commission a registration
statement for the registration, under the Securities Act, of the shares of Common Stock issuable upon exercise of the Warrants.
The Company shall use its reasonable best efforts to cause the same to become effective and to maintain the effectiveness of such
registration statement, and a current prospectus relating thereto, until the expiration of the Warrants in accordance with the
provisions of this Agreement. If any such registration statement has not been declared effective by the 60th Business Day following
the closing of the Business Combination, holders of the Warrants shall have the right, during the period beginning on the 61st
Business Day after the closing of the Business Combination and ending upon such registration statement being declared effective
by the Commission, and during any other period when the Company shall fail to have maintained an effective registration statement
covering the shares of Common Stock issuable upon exercise of the Warrants, to exercise such Warrants on a “cashless basis,”
by exchanging the Warrants (in accordance with Section 3(a)(9) of the Securities Act (or any successor rule) or another exemption)
for that number of shares of Common Stock equal to the quotient obtained by dividing (x) the product of the number of shares
of Common Stock underlying the Warrants, multiplied by the difference between the Warrant Price and the “Fair Market Value”
(as defined below) by (y) the Fair Market Value. Solely for purposes of this subsection 7.04(a), “Fair Market
Value” shall mean the volume weighted average price of the Common Stock as reported during the ten (10) trading day period
ending on the trading day prior to the date that notice of exercise is received by the Warrant Agent from the holder of such Warrants
or its securities broker or intermediary. The date that notice of cashless exercise is received by the Warrant Agent shall be conclusively
determined by the Warrant Agent. In connection with the “cashless exercise” of a Public Warrant, the Company shall,
upon request, provide the Warrant Agent with an opinion of counsel for the Company (which shall be an outside law firm with securities
law experience) stating that (i) the exercise of the Warrants on a cashless basis in accordance with this subsection 7.04(a)
is not required to be registered under the Securities Act and (ii) the shares of Common Stock issued upon such exercise shall
be freely tradable under United States federal securities laws by anyone who is not an affiliate (as such term is defined in Rule 144
under the Securities Act (or any successor rule)) of the Company and, accordingly, shall not be required to bear a restrictive
legend. Except as provided in subsection 7.04(b), for the avoidance of any doubt, unless and until all of the Warrants
have been exercised, the Company shall continue to be obligated to comply with its registration obligations under the first three
sentences of this subsection 7.04(a).

 

(b)          Cashless
Exercise at Company’s Option. If the Common Stock is at the time of any exercise of a Warrant not listed on a national
securities exchange such that it satisfies the definition of a “covered security” under Section 18(b)(1) of the
Securities Act (or any successor rule), the Company may, at its option, (i) require holders of Public Warrants who exercise
Public Warrants to exercise such Public Warrants on a “cashless basis” in accordance with Section 3(a)(9) of the
Securities Act (or any successor rule) as described in subsection 7.04(a) and (ii) in the event the Company so
elects, the Company shall not be required to file or maintain in effect a registration statement for the registration, under the
Securities Act, of the Common Stock issuable upon exercise of the Warrants, notwithstanding anything in this Agreement to the contrary.
If the Company does not elect at the time of exercise to require a holder of Public Warrants who exercises Public Warrants to exercise
such Public Warrants on a “cashless basis,” it agrees to use its best efforts to register or qualify for sale the Common
Stock issuable upon exercise of the Public Warrant under the blue sky laws of the state of residence in those states in which the
Public Warrants were initially offered by the Company of the exercising Public Warrant holder to the extent an exemption is not
available.

 

Article
VIII.

Concerning the Warrant Agent and Other Matters

 

Section 8.01         Payment
of Taxes. The Company shall from time to time promptly pay all taxes and charges that may be imposed upon the Company or the
Warrant Agent in respect of the issuance or delivery of shares of Common Stock upon the exercise of the Warrants, but the Company
shall not be obligated to pay any transfer taxes in respect of the Warrants or such shares of Common Stock.

 

    	 	17	 

     

    

 

Section 8.02         Resignation,
Consolidation, or Merger of Warrant Agent.

 

(a)          Appointment
of Successor Warrant Agent. The Warrant Agent, or any successor to it hereafter appointed, may resign its duties and be discharged
from all further duties and liabilities hereunder after giving sixty (60) days’ notice in writing to the Company. If the
office of the Warrant Agent becomes vacant by resignation or incapacity to act or otherwise, the Company shall appoint in writing
a successor Warrant Agent in place of the Warrant Agent. If the Company shall fail to make such appointment within a period of
thirty (30) days after it has been notified in writing of such resignation or incapacity by the Warrant Agent or by the holder
of a Warrant (who shall, with such notice, submit his, her or its Warrant for inspection by the Company), then the holder of any
Warrant may apply to the Supreme Court of the State of New York for the County of New York for the appointment of a successor
Warrant Agent at the Company’s cost. Any successor Warrant Agent, whether appointed by the Company or by such court, shall
be a corporation organized and existing under the laws of the State of New York, in good standing and having its principal office
in the Borough of Manhattan, City and State of New York, and authorized under such laws to exercise corporate trust powers
and subject to supervision or examination by federal or state authority. After appointment, any successor Warrant Agent shall be
vested with all the authority, powers, rights, immunities, duties, and obligations of its predecessor Warrant Agent with like effect
as if originally named as Warrant Agent hereunder, without any further act or deed; but if for any reason it becomes necessary
or appropriate, the predecessor Warrant Agent shall execute and deliver, at the expense of the Company, an instrument transferring
to such successor Warrant Agent all the authority, powers, and rights of such predecessor Warrant Agent hereunder; and upon request
of any successor Warrant Agent the Company shall make, execute, acknowledge, and deliver any and all instruments in writing for
more fully and effectually vesting in and confirming to such successor Warrant Agent all such authority, powers, rights, immunities,
duties, and obligations.

 

(b)          Notice
of Successor Warrant Agent. In the event a successor Warrant Agent shall be appointed, the Company shall give notice thereof
to the predecessor Warrant Agent and the Transfer Agent for the Common Stock not later than the effective date of any such appointment.

 

(c)          Merger
or Consolidation of Warrant Agent. Any corporation into which the Warrant Agent may be merged or with which it may be consolidated
or any corporation resulting from any merger or consolidation to which the Warrant Agent shall be a party shall be the successor
Warrant Agent under this Agreement without any further act.

 

Section 8.03         Expenses
of Warrant Agent.

 

(a)          Remuneration.
The Company agrees to pay the Warrant Agent reasonable remuneration for its services as such Warrant Agent hereunder and shall,
pursuant to its obligations under this Agreement, reimburse the Warrant Agent upon demand for all expenditures that the Warrant
Agent may reasonably incur in the execution of its duties hereunder.

 

(b)          Further
Assurances. The Company agrees to perform, execute, acknowledge, and deliver or cause to be performed, executed, acknowledged,
and delivered all such further and other acts, instruments, and assurances as may reasonably be required by the Warrant Agent for
the carrying out or performing of the provisions of this Agreement.

 

    	 	18	 

     

    

 

Section 8.04         Liability
of Warrant Agent.

 

(a)          Reliance
on Company Statement. Whenever in the performance of its duties under this Agreement, the Warrant Agent shall deem it necessary
or desirable that any fact or matter be proved or established by the Company prior to taking or suffering any action hereunder,
such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively
proved and established by a statement signed by the Chief Executive Officer, Chief Operating Officer, Chief Financial Officer,
Secretary or Chairman of the Board of the Company and delivered to the Warrant Agent. The Warrant Agent may rely upon such statement
for any action taken or suffered in good faith by it pursuant to the provisions of this Agreement.

 

(b)          Indemnity.
The Warrant Agent shall be liable hereunder only for its own gross negligence, willful misconduct or bad faith (as determined by
a court of competent jurisdiction in a final and non-appealable judgment). The Company agrees to indemnify the Warrant Agent, its
employees, officers and directors (each, an “Indemnified Person”), and save each Indemnified Person harmless
against any and all liabilities, including judgments, costs and reasonable counsel fees, for anything done or omitted by such Indemnified
Person in the execution of this Agreement, except as a result of the Indemnified Person’s gross negligence, willful misconduct
or bad faith (as determined by a court of competent jurisdiction in a final and non-appealable judgment).

 

(c)          Exclusions.
The Warrant Agent shall have no responsibility with respect to the validity of this Agreement or with respect to the validity or
execution of any Warrant (except its countersignature thereof). The Warrant Agent shall not be responsible for any breach by the
Company of any covenant or condition contained in this Agreement or in any Warrant. The Warrant Agent shall not be responsible
to make any adjustments required under the provisions of Article IV hereof or responsible for the manner, method, or
amount of any such adjustment or the ascertaining of the existence of facts that would require any such adjustment; nor shall it
by any act hereunder be deemed to make any representation or warranty as to the authorization or reservation of any shares of Common
Stock to be issued pursuant to this Agreement or any Warrant or as to whether any shares of Common Stock shall, when issued, be
valid and fully paid and non-assessable.

 

Section 8.05         Acceptance
of Agency. The Warrant Agent hereby accepts the agency established by this Agreement and agrees to perform the same upon the
terms and conditions herein set forth and among other things, shall account promptly to the Company with respect to Warrants exercised
and concurrently account for, and pay to the Company, all monies received by the Warrant Agent for the purchase of shares of Common
Stock through the exercise of the Warrants.

 

Section 8.06         Waiver.
The Warrant Agent has no right of set-off or any other right, title, interest or claim of any kind (“Claim”)
in, or to any distribution of, the Trust Account (as defined in that certain Investment Management Trust Agreement, dated as of
the date hereof, by and between the Company and the Warrant Agent as trustee thereunder) and hereby agrees not to seek recourse,
reimbursement, payment or satisfaction for any Claim against the Trust Account for any reason whatsoever. The Warrant Agent hereby
waives any and all Claims against the Trust Account and any and all rights to seek access to the Trust Account.

 

    	 	19	 

     

    

 

Article
IX.

Miscellaneous Provisions

 

Section 9.01         Successors.
All the covenants and provisions of this Agreement by or for the benefit of the Company or the Warrant Agent shall bind and inure
to the benefit of their respective successors and assigns.

 

Section 9.02         Notices.
Any notice, statement or demand authorized by this Agreement to be given or made by the Warrant Agent or by the holder of any
Warrant to or on the Company shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified
mail or private courier service within five (5) days after deposit of such notice, postage prepaid, addressed (until another address
is filed in writing by the Company with the Warrant Agent), as follows:

 

RMG Acquisition Corp.

50 West Street, Suite 40 C

New York, NY 10006

Attention: Robert S. Mancini

Chief Executive Officer

 

Any notice, statement or demand authorized by this Agreement
to be given or made by the holder of any Warrant or by the Company to or on the Warrant Agent shall be sufficiently given when
so delivered if by hand or overnight delivery or if sent by certified mail or private courier service within five (5) days after
deposit of such notice, postage prepaid, addressed (until another address is filed in writing by the Warrant Agent with the Company),
as follows:

 

American Stock Transfer & Trust Company, LLC

6201 15th Avenue Brooklyn, NY 11219

Attention: Felix Orihuela

 

With a copy to:

 

American Stock Transfer & Trust
Company, LLC

48 Wall Street, 22nd
Floor

New York, NY 10005

Attention: Legal Department

Email: legalteamAST@astfinancial.com

 

Section 9.03         Applicable
Law. The validity, interpretation, and performance of this Agreement and of the Warrants shall be governed in all respects
by the laws of the State of New York, without giving effect to conflicts of law principles that would result in the application
of the substantive laws of another jurisdiction. The Company hereby agrees that any action, proceeding or claim against it arising
out of or relating in any way to this Agreement shall be brought and enforced in the courts of the State of New York or the United
States District Court for the Southern District of New York, and irrevocably submits to such jurisdiction, which jurisdiction
shall be exclusive. The Company hereby waives any objection to such exclusive jurisdiction and that such courts represent an inconvenient
forum.

 

    	 	20	 

     

    

 

Section 9.04         Persons
Having Rights under this Agreement. Nothing in this Agreement shall be construed to confer upon, or give to, any person or
corporation other than the parties hereto and the Registered Holders of the Warrants any right, remedy, or claim under or by reason
of this Agreement or of any covenant, condition, stipulation, promise, or agreement hereof. All covenants, conditions, stipulations,
promises, and agreements contained in this Agreement shall be for the sole and exclusive benefit of the parties hereto and their
successors and assigns and of the Registered Holders of the Warrants.

 

Section 9.05         Further
Assurances. The Company agrees to perform, execute, acknowledge, and deliver or cause to be performed, executed, acknowledged,
and delivered all such further and other acts, instruments, and assurances as may reasonably be required by the Warrant Agent
for the carrying out or performing of the provisions of this Agreement.

 

Section 9.06         Examination
of the Warrant Agreement. A copy of this Agreement shall be available at all reasonable times at the office of the Warrant
Agent in the Borough of Manhattan, City and State of New York, for inspection by the Registered Holder of any Warrant. The Warrant
Agent may require any such holder to submit such holder’s Warrant for inspection by the Warrant Agent.

 

Section 9.07         Counterparts.
This Agreement may be executed in any number of original or facsimile counterparts and each of such counterparts shall for all
purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

 

Section 9.08         Effect
of Headings. The section headings herein are for convenience only and are not part of this Agreement and shall not affect
the interpretation thereof.

 

Section 9.09         Amendments.
This Agreement may be amended by the parties hereto without the consent of any Registered Holder for the purpose of curing any
ambiguity, or curing, correcting or supplementing any defective provision contained herein or adding or changing any other provisions
with respect to matters or questions arising under this Agreement as the parties may deem necessary or desirable and that the
parties deem shall not adversely affect the interest of the Registered Holders. All other modifications or amendments, including
any amendment to increase the Warrant Price or shorten the Exercise Period and any amendment to the terms of only the Private
Placement Warrants, shall require the vote or written consent of the Registered Holders of 50% of the then-outstanding Public
Warrants and, solely with respect to any amendment to the terms of the Private Placement Warrants or any provision of this Agreement
with respect to the Private Placement Warrants, 50% of the number of the then outstanding Private Placement Warrants. Notwithstanding
the foregoing, the Company may lower the Warrant Price or extend the duration of the Exercise Period pursuant to Sections 3.01
and 3.02, respectively, without the consent of the Registered Holders.

 

    	 	21	 

     

    

 

Section 9.10         Severability.
This Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof shall not affect
the validity or enforceability of this Agreement or of any other term or provision hereof. Furthermore, in lieu of any such invalid
or unenforceable term or provision, the parties hereto intend that there shall be added as a part of this Agreement a provision
as similar in terms to such invalid or unenforceable provision as may be possible and be valid and enforceable.

 

Exhibit A Form of Warrant Certificate

 

Exhibit B Legend—Private Placement Warrants

 

    	 	22	 

     

    

 

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

 

	 	RMG ACQUISITION CORP.
	 	 	 
	 	By:	/s/ Robert S. Mancini
	 	Name:	Robert S. Mancini
	 	Title:	Chief Executive Officer
	 	 	 
	 	AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC, 
	 	as Warrant Agent
	 	 	    
	 	By:	/s/ Michael Legregin
	 	Name:	Michael Legregin
	 	Title:	Senior Vice President

 

[Signature Page to Warrant Agreement]

     

     

    

  

Exhibit
A

 

[Form
of Warrant Certificate]

 

[FACE]

 

Number

 

Warrants

 

THIS WARRANT SHALL BE VOID IF NOT EXERCISED
PRIOR TO

THE EXPIRATION OF THE EXERCISE PERIOD PROVIDED FOR

IN THE WARRANT AGREEMENT DESCRIBED BELOW

 

RMG ACQUISITION CORP.

Incorporated Under the Laws of the State of Delaware

 

CUSIP [—]

 

Warrant Certificate

 

THIS WARRANT CERTIFICATE CERTIFIES THAT
[—], or registered assigns, is the registered holder of [—]
warrant(s) evidenced hereby (the “Warrants” and each, a “Warrant”) to purchase shares of
Class A common stock, $0.0001 per value per share (“Common Stock”), of RMG Acquisition Corp., a Delaware
corporation (the “Company”). Each Warrant entitles the holder, upon exercise during the period set forth in
the Warrant Agreement referred to below, to receive from the Company that number of fully paid and non-assessable shares of Common
Stock as set forth below, at the exercise price (the “Exercise Price”) as determined pursuant to the Warrant
Agreement, payable in lawful money (or through “cashless exercise” as provided for in the Warrant Agreement) of the
United States of America upon surrender of this Warrant Certificate and payment of the Exercise Price at the office or agency of
the Warrant Agent referred to below, subject to the conditions set forth herein and in the Warrant Agreement. Defined terms used
in this Warrant Certificate but not defined herein shall have the meanings given to them in the Warrant Agreement.

 

Each Warrant is initially exercisable for
one fully paid and non-assessable share of Common Stock. The number of shares of Common Stock issuable upon exercise of the Warrants
is subject to adjustment upon the occurrence of certain events set forth in the Warrant Agreement.

 

The initial Exercise Price per share of
Common Stock for any Warrant is equal to $11.50 per share. The Exercise Price is subject to adjustment upon the occurrence of certain
events set forth in the Warrant Agreement.

 

Subject to the conditions set forth in the
Warrant Agreement, the Warrants may be exercised only during the Exercise Period and to the extent not exercised by the end of
such Exercise Period, such Warrants shall become void.

 

    	 	A-1	 

     

    

 

Reference is hereby made to the further
provisions of this Warrant Certificate set forth on the reverse hereof and such further provisions shall for all purposes have
the same effect as though fully set forth at this place.

 

This Warrant Certificate shall not be valid
unless countersigned by the Warrant Agent, as such term is used in the Warrant Agreement.

 

This Warrant Certificate shall be governed
by and construed in accordance with the internal laws of the State of New York, without regard to conflicts of laws principles
thereof.

 

    	 	A-2	 

     

    

 

	 	RMG ACQUISITION CORP.
	 	 	 
	 	By:	 
	 	Name:	Robert S. Mancini
	 	Title:	Chief Executive Officer
	 	 	 
	 	AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC,
	 	as Warrant Agent
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 

 

    	 	A-3	 

     

    

 

[Form of Warrant Certificate]

 

[Reverse]

 

The Warrants evidenced by this Warrant Certificate
are part of a duly authorized issue of Warrants entitling the holder on exercise to receive [—]
shares of Common Stock and are issued or to be issued pursuant to a Warrant Agreement dated as of [—],
2019 (the “Warrant Agreement”), duly executed and delivered by the Company to American Stock Transfer &
Trust Company, LLC, a New York limited liability trust company, as warrant agent (the “Warrant Agent”), which
Warrant Agreement is hereby incorporated by reference in and made a part of this instrument and is hereby referred to for a description
of the rights, limitation of rights, obligations, duties and immunities thereunder of the Warrant Agent, the Company and the holders
(the words “holders” or “holder” meaning the Registered Holders or Registered Holder) of the Warrants.
A copy of the Warrant Agreement may be obtained by the holder hereof upon written request to the Company. Defined terms used in
this Warrant Certificate but not defined herein shall have the meanings given to them in the Warrant Agreement.

 

Warrants may be exercised at any time during
the Exercise Period set forth in the Warrant Agreement. The holder of Warrants evidenced by this Warrant Certificate may exercise
them by surrendering this Warrant Certificate, with the form of election to purchase set forth hereon properly completed and executed,
together with payment of the Exercise Price as specified in the Warrant Agreement (or through “cashless exercise” as
provided for in the Warrant Agreement) at the principal corporate trust office of the Warrant Agent. In the event that upon any
exercise of Warrants evidenced hereby the number of Warrants exercised shall be less than the total number of Warrants evidenced
hereby, there shall be issued to the holder hereof or his, her or its assignee, a new Warrant Certificate evidencing the number
of Warrants not exercised.

 

Notwithstanding anything else in this Warrant
Certificate or the Warrant Agreement, no Warrant may be exercised unless at the time of exercise (i) a registration statement
covering the shares of Common Stock to be issued upon exercise is effective under the Securities Act and (ii) a prospectus
thereunder relating to the shares of Common Stock is current, except through “cashless exercise” as provided for in
the Warrant Agreement.

 

The Warrant Agreement provides that upon
the occurrence of certain events the number of shares of Common Stock issuable upon exercise of the Warrants set forth on the face
hereof may, subject to certain conditions, be adjusted. If, upon exercise of a Warrant, the holder thereof would be entitled to
receive a fractional interest in a share of Common Stock, the Company shall, upon exercise, round down to the nearest whole number
of shares of Common Stock to be issued to the holder of the Warrant.

 

Warrant Certificates, when surrendered at
the principal corporate trust office of the Warrant Agent by the Registered Holder thereof in person or by legal representative
or attorney duly authorized in writing, may be exchanged, in the manner and subject to the limitations provided in the Warrant
Agreement, but without payment of any service charge, for another Warrant Certificate or Warrant Certificates of like tenor evidencing
in the aggregate a like number of Warrants.

 

    	 	A-4	 

     

    

 

Upon due presentation for registration of
transfer of this Warrant Certificate at the office of the Warrant Agent a new Warrant Certificate or Warrant Certificates of like
tenor and evidencing in the aggregate a like number of Warrants shall be issued to the transferee(s) in exchange for this Warrant
Certificate, subject to the limitations provided in the Warrant Agreement, without charge except for any tax or other governmental
charge imposed in connection therewith.

 

The Company and the Warrant Agent may deem
and treat the Registered Holder(s) hereof as the absolute owner(s) of this Warrant Certificate (notwithstanding any notation of
ownership or other writing hereon made by anyone), for the purpose of any exercise hereof, of any distribution to the holder(s)
hereof, and for all other purposes, and neither the Company nor the Warrant Agent shall be affected by any notice to the contrary.
Neither the Warrants nor this Warrant Certificate entitles any holder hereof to any rights of a stockholder of the Company.

 

    	 	A-5	 

     

    

 

Election to Purchase

 

(To Be Executed Upon Exercise of Warrant)

 

The undersigned hereby irrevocably elects
to exercise the right, represented by this Warrant Certificate, to receive [—]
shares of Common Stock and herewith tenders payment for such shares of Common Stock to the order of RMG Acquisition Corp. (the
“Company”) in the amount of $[—] in accordance with the
terms hereof. The undersigned requests that a certificate for such shares of Common Stock be registered in the name of [—],
whose address is [—], and that such shares of Common Stock be delivered to
[—] whose address is [—].
If said number of shares of Common Stock is less than all of the shares of Common Stock purchasable hereunder, the undersigned
requests that a new Warrant Certificate representing the remaining balance of such shares of Common Stock be registered in the
name of [—], whose address is [—],
and that such Warrant Certificate be delivered to [—], whose address is [—].

 

In the event that the Warrant has been called
for redemption by the Company pursuant to Article VI of the Warrant Agreement and the Company has required cashless
exercise pursuant to Section 6.03 of the Warrant Agreement, the number of shares of Common Stock that this Warrant
is exercisable for shall be determined in accordance with Section 3.03(a)(ii) and Section 6.03 of the Warrant
Agreement.

 

In the event that the Warrant is a Private
Placement Warrant that is to be exercised on a “cashless” basis pursuant to Section 3.03(a)(iii) of the Warrant
Agreement, the number of shares of Common Stock that this Warrant is exercisable for shall be determined in accordance with Section 3.03(a)(iii)
of the Warrant Agreement.

 

In the event that the Warrant is to be exercised
on a “cashless” basis pursuant to Section 7.04 of the Warrant Agreement, the number of shares of Common
Stock that this Warrant is exercisable for shall be determined in accordance with Section 7.04 of the Warrant Agreement.

 

In the event that the Warrant may be exercised,
to the extent allowed by the Warrant Agreement, through cashless exercise (i) the number of shares of Common Stock that this
Warrant is exercisable for would be determined in accordance with the relevant section of the Warrant Agreement which allows for
such cashless exercise and (ii) the holder hereof shall complete the following: The undersigned hereby irrevocably elects
to exercise the right, represented by this Warrant Certificate, through the cashless exercise provisions of the Warrant Agreement,
to receive shares of Common Stock. If said number of shares is less than all of the shares of Common Stock purchasable hereunder
(after giving effect to the cashless exercise), the undersigned requests that a new Warrant Certificate representing the remaining
balance of such shares of Common Stock be registered in the name of [—], whose
address is [—], and that such Warrant Certificate be delivered to [—],
whose address is [—].

 

[Signature Page Follows]

 

    	 	A-6	 

     

    

  

Date: [—],
20[—]

	 	 
	 	 
	 	(Signature)
	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 	(Address)
	 	 
	 	 
	 	(Tax Identification Number)

 

	Signature Guaranteed:	 
	 	 
	 	 

 

THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR
INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE
MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15 (OR ANY SUCCESSOR RULE)).

 

    	 	A-7	 

     

    

 

Exhibit
B

 

Private
Placement Warrants Legend

 

“THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED, SOLD, TRANSFERRED
OR OTHERWISE DISPOSED OF UNLESS REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND ANY APPLICABLE STATE SECURITIES LAWS
OR AN EXEMPTION FROM REGISTRATION IS AVAILABLE. IN ADDITION, SUBJECT TO ANY ADDITIONAL LIMITATIONS ON TRANSFER DESCRIBED IN THE
LETTER AGREEMENT BY AND AMONG RMG ACQUISITION CORP. (THE “COMPANY”), RMG SPONSOR, LLC AND THE OTHER PARTIES
THERETO, THE SECURITIES REPRESENTED BY THIS CERTIFICATE MAY NOT BE SOLD OR TRANSFERRED PRIOR TO THE DATE THAT IS THIRTY (30) DAYS
AFTER THE DATE UPON WHICH THE COMPANY COMPLETES ITS INITIAL BUSINESS COMBINATION (AS DEFINED IN ARTICLE III OF THE
WARRANT AGREEMENT REFERRED TO HEREIN) EXCEPT TO A PERMITTED TRANSFEREE (AS DEFINED IN ARTICLE II OF THE WARRANT AGREEMENT)
WHO AGREES IN WRITING WITH THE COMPANY TO BE SUBJECT TO SUCH TRANSFER PROVISIONS.

 

SECURITIES EVIDENCED BY THIS CERTIFICATE AND SHARES OF CLASS A
COMMON STOCK OF THE COMPANY ISSUED UPON EXERCISE OF SUCH SECURITIES SHALL BE ENTITLED TO REGISTRATION RIGHTS UNDER A REGISTRATION
RIGHTS AGREEMENT TO BE EXECUTED BY THE COMPANY.”

 

    	 	B-1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00291-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00291-of-00352.parquet"}]]