Document:

Exhibit 10.2

AMENDMENT NO. 1 TO SECURITIES ESCROW
AGREEMENT

 

THIS AMENDMENT NO. 1 TO THE SECURITIES ESCROW
AGREEMENT (this “Amendment”) is made as of May 30, 2017, by and between (i) GP Investments Acquisition Corp.,
a Cayman Islands exempted company (the “Company”), (ii) Continental Stock Transfer & Trust Company, a New York
corporation (the “Escrow Agent”), (iii) GPIC, Ltd, a limited liability company under the laws of Bermuda (the “Sponsor”),
(iv) GPIAC, LLC, a Delaware limited liability company (“GPIAC, LLC”), (v) Fernando d’Ornellas Silva and (vi)
Christopher Brotchie ((i) through (vi) being referred to herein as the “parties”). Capitalized terms contained in this
Amendment, but not specifically defined in this Amendment, shall have the meanings ascribed to such terms in the Original Agreement
(as defined below).

 

WHEREAS, on May 26, 2015, the Company consummated
an initial public offering (the “Offering”) of units of the Company’s equity securities, each such unit comprised
of one share of the Company’s ordinary shares, par value $0.0001 per share (“Ordinary Shares”), and one warrant,
each warrant entitling the holder thereof to purchase one-half of one share of Ordinary Shares (“Units”);

 

WHEREAS, on May 19, 2015, the Company entered
into a securities escrow agreement with, among others, the Escrow Agent, the Sponsor and GPIAC, LLC (the “Original Agreement”);

 

WHEREAS, the Company entered into an Underwriting
Agreement dated May 19, 2015 with Citigroup Global Markets, Inc.(“Citigroup”), as representatives of the several underwriters
named therein (the “Underwriting Agreement”);

 

WHEREAS, each of the Private Investors agreed
as a condition of the purchase by the Underwriters (as defined in the Underwriting Agreement) of the Units to deposit the Escrow
Securities in escrow as hereinafter provided;

 

WHEREAS, the Sponsor agreed as a condition
of the Underwriters’ purchase of the Private Placement Warrants immediately prior to and subject to the Closing of the Offering
and to deposit such Private Placement Warrants in escrow in accordance with the Original Agreement;

 

WHEREAS, the Escrow Agent accepted the Escrow
Securities, in escrow, to be held and disbursed as provided in the Original Agreement;

 

WHEREAS, the Company has sought the approval
of its Public Shareholders at an extraordinary general meeting of its shareholders to: (i) extend (the “Extension”)
the date before which the Company must complete a business combination from May 26, 2017 to November 27, 2017 (the “Extension
Amendment”) and (ii) extend the date on which Continental Stock Transfer & Trust Company must liquidate the Trust Account
if the Company has not completed a business combination from May 26, 2017 to November 27, 2017 (the “Trust Amendment”);

 

WHEREAS, holders of at least sixty-five
percent (65%) of the Company’s outstanding ordinary shares approved the Extension Amendment and the Trust Amendment; and

 

WHEREAS, the parties desire to amend the
Original Agreement to reflect the Extension.

 

NOW, THEREFORE, in consideration of the
mutual agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
and intending to be legally bound hereby, the parties hereto agree as follows:

  

    	 	 1	 

     

    

 

1. Amendment of Securities Escrow
Agreement.

 

1.1. Section 3 of the Original Agreement
is hereby by deleting “the two-year anniversary of the Effective Date” and inserting the words “November 27,
2017”.

 

2. Miscellaneous Provisions.

 

2.1. Binding Effect. Each of the
parties to this Amendment hereby agree to be a party to, and to be bound by and subject to the provisions of, the Original Agreement,
as amended by this Amendment.

 

2.2. Successors. All the covenants
and provisions of this Amendment by or for the benefit of the parties to this Amendment shall bind and inure to the benefit of
their permitted respective successors and assigns.

 

2.3. Severability. This Amendment
shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof shall not affect the validity
or enforceability of this Amendment 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 Amendment a provision as similar in terms
to such invalid or unenforceable provision as may be possible and be valid and enforceable.

   

2.4. Governing Law and Consent to Jurisdiction.
This Amendment shall be governed by, and construed in accordance with, the laws of the State of New York applicable to contracts
executed in and to be performed in that State, including, without limitation, Sections 5-1401 and 5-1402 of the New York General
Obligations Law and the New York Civil Practice Laws and Rules 327(b). The parties to this Amendment agree that any action, proceeding
or claim against it arising out of or relating in any way to this Amendment 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 the parties hereto irrevocably
submit to such jurisdiction, which jurisdiction shall be exclusive. The parties to this Amendment hereby waive any objection to
such exclusive jurisdiction and that such courts represent an inconvenient forum.

 

2.5. Waiver of Trial by Jury. Each
party to this Amendment hereby irrevocably and unconditionally waives the right to a trial by jury in any action, suit, counterclaim
or other proceeding (whether based on contract, tort or otherwise) arising out of, connected with or relating to this Amendment,
the transactions contemplated hereby, or the actions of the parties in the negotiation, administration, performance or enforcement
hereof.

 

2.6. Counterparts. This Amendment
may be executed in several original or facsimile counterparts, each of which shall constitute an original, and together shall constitute
but one instrument.

 

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

 

2.8. Entire Agreement. The Original
Agreement, as amended by this Amendment, and the Insider Letters and Warrants as referenced in the Original Agreement contain the
entire agreement of the Company and the Private Investors with respect to the subject matter hereof and thereof, and the Original
Agreement, as amended by this Amendment, contains the entire agreement as it pertains to the Escrow Agent and the other parties
hereto and, except as expressly provided in the Original Agreement, may not be changed or modified except by an instrument in writing
signed by all parties to the Original Agreement and the prior written consent of Citigroup.

 

[Signature page follows] 

 

    	 	 2	 

     

    

 

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

 

	 	GP INVESTMENTS ACQUISITION CORP.
	 	 	 
	 	By:	/s/ Antonio Bonchristiano
	 	 	Name: Antonio Bonchristiano
	 	 	Title: Chief Executive Officer, Chief Financial Officer and Director
	 	 

 

 

 

[Signature Page to Amendment to Securities
Escrow Agreement]

 

    	 

     

    

 

	 	CONTINENTAL STOCK TRANSFER & TRUST COMPANY,

                    AS ESCROW AGENT

	 	 	 
	 	By:	 /s/ Mark Zimkind
	 	 	Name: Mark Zimkind
	 	 	Title: Senior Vice President

 

 

 

[Signature Page to Amendment to Securities
Escrow Agreement]

 

    	 

     

    

 

	 	GPIC, LTD.
	 	 	 
	 	By:	/s/ Antonio Bonchristiano
	 	 	Name: Antonio Bonchristiano
	 	 	Title: Authorized Signatory

 

 

 

[Signature Page to Amendment to Securities
Escrow Agreement]

 

    	 

     

    

 

	 	GPIAC, LLC
	 	 	 
	 	By:	/s/ Antonio Bonchristiano
	 	 	Name: Antonio Bonchristiano
	 	 	Title: Authorized Signatory
	 	 	 
	 	By:	/s/ Alvaro Lopes
	 	 	Name: Alvaro Lopes

A	 	 	Title: Officer

 

 

 

[Signature Page to Amendment to Securities
Escrow Agreement]

 

    	 

     

    

 

	 	 	Fernando d’Ornellas Silva
	 	 	 
	 	 	/s/ Fernando d’Ornellas Silva

 

 

 

[Signature Page to Amendment to Securities
Escrow Agreement]

 

    	 

     

    

 

	 	 	Christopher Brotchie
	 	 	 
	 	 	/s/ Christopher Brotchie
	 	 	 

 

 

 

[Signature Page to Amendment to Securities
Escrow Agreement]

 

    	 

     

    

 

	 	CITIGROUP GLOBAL MARKETS, INC.,
	 	
        solely for the purposes of consenting to the entry

        into of this Amendment by the parties thereto 

	 	 
	 	By:	/s/ Neil Shah
	 	 	Name: Neil Shah
	 	 	Title: Managing Director

 

 

 

[Signature Page to Amendment to Securities
Escrow Agreement]Exhibit 10.10

 

THIS TRUST INDEMNIFICATION
AGREEMENT (this “Agreement”), dated as of April __, 2017 is made and entered into by and between Committed
Capital Acquisition Corporation II, a Delaware corporation (the “Company”) and Notespac, LLC (the “Indemnitor”).

 

RECITALS

 

WHEREAS, the
Company, which consummated its initial public offering on April 16, 2014 pursuant to a registration statement on Form S-1, No.
333-192586 (the “Offering”), is a blank check company whose purpose is to acquire, through a merger,
capital stock exchange, asset acquisition, stock purchase, reorganization, exchangeable stock transaction or other similar business
transaction (a “Business Transaction”), one or more operating businesses or assets;

 

WHEREAS, the
gross proceeds of the Offering were deposited in a trust account (the “Trust Account”) at J.P. Morgan
Chase Bank, N.A. and managed by Continental Stock Transfer & Trust Company, as trustee, as described in the registration statement
and prospectus from the Offering;

 

WHEREAS, it
is contemplated that KASPAC, LLC and KSSPAC, LLC will purchase from Michael Rapoport (“Rapp”), Philip
Wagenheim and Committed Capital Holdings LLC (“Holdings”) certain of the Company’s founder shares
owned by Messrs. Rapp and Wagenheim and Holdings (the “Purchase”); and

 

WHEREAS, Indemnitor
desires to enter into this Agreement in order to facilitate the Purchase and the other transactions contemplated thereby.

 

NOW, THEREFORE,
in consideration of the representations, covenants and agreements contained herein, and certain other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as
follows:

 

1.       Subject
to the fulfillment of the conditions set forth in Section 8 hereof, in the event of the liquidation of the Trust Account
without the consummation of an initial Business Transaction, Indemnitor agrees to indemnify and hold harmless the Company
against any and all loss, liability, claim, damage and expense whatsoever (including, but not limited to, any and all legal
or other expenses reasonably incurred in investigating, preparing or defending against any litigation, whether pending or
threatened, or any claim whatsoever) to which the Company may become subject as a result of any claim by (i) any third party
for services rendered or products sold to the Company or (ii) a prospective target business with which the Company has
entered into an acquisition agreement (a “Target”); provided, however, that such
indemnification of the Company shall apply only to the extent necessary to ensure that such claims by a third party for
services rendered (other than the Company’s independent public accountants) or products sold to the Company or a Target
do not reduce the amount of funds in the Trust Account below $5.00 per share of the Common Stock sold in the Offering, and, provided, further,
that such indemnification of the Company by the Indemnitors shall apply only if such third party or Target has not executed
an agreement waiving claims against all rights to seek access to the Trust Account, whether or not such agreement is
enforceable. In the event that any such executed waiver is deemed to be unenforceable against such third party, the
Indemnitors shall not be responsible for any liability as a result of any such third party claims. Notwithstanding any of the
foregoing, such indemnification of the Company by Indemnitor shall not apply as to any claims under
the Company’s obligation to indemnify the underwriters of the Offering against certain liabilities, including liabilities
under the Securities Act of 1933, as amended. Indemnitor shall have the right to defend against any such claim with counsel of
its choice reasonably satisfactory to the Company if, within 15 days following written receipt of notice of the claim to the undersigned,
the undersigned notifies the Company in writing that the Indemnitors shall undertake such defense.

 

    
[Trust Indemnification Agreement]

     

    

 

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

 

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

 

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

 

5.        Any
notice, statement or demand authorized by this Agreement shall be sufficiently given (i) when so delivered if by hand or overnight
delivery, (ii) the date and time shown on a telefacsimile transmission confirmation, or (ii) if sent by certified mail or private
courier service within five (5) days after deposit of such notice, postage prepaid. Such notice, statement or demand shall be addressed
as follows:

 

If to the Company:

 

Committed Capital
Acquisition Corporation II

370 Lexington Avenue, Suite 1208

New York, NY 10017

Attn: Michael Rapp

Fax No.: (212) 702-9830

If to the Indemnitor:

 

2055 Mandeville Canyon Road 

Los Angeles, CA 90049

 

    
[Trust Indemnification Agreement]

     

    

 

Attn: Lauren Selig

Email: lauren@shakeandbakeproductions.com

 

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

 

Littman Krooks LLP.

655 Third Avenue

New York, NY 10017

Fax: 212-490-2990

Attn: Mitchell C. Littman, Esq.

 

with a copy in each case (which shall not constitute notice)
to:

 

Mintz, Levin, Cohn, Ferris, Glovsky and
Popeo, P.C.

666 Third Avenue

New York, NY 10017

Fax: 212-692-6732

Attn: Jeffrey P. Schultz, Esq.

 

6.       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.

 

7.       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.

 

8.        This
Agreement shall only become effective upon the consummation of the Purchase, and the terms hereof shall be null and void and shall
not be enforceable by the Company against the Indemnitor in any respect if the Purchase is not consummated on or before May 15,
2017. The obligations of the Indemnitor in this Agreement shall be strictly limited to any and all loss, liability, claim, damage
and expense whatsoever including, but not limited to, any and all legal or other expenses reasonably incurred in investigating,
preparing or defending against any litigation, whether pending or threatened, or any claim whatsoever) to which the Company may
become subject during the period beginning upon the approval by the Company’s stockholders of the Extension Amendment and
ending upon the completion of the Second Redemption (as such terms are defined in the Company’s proxy solicitation materials
attached as Exhibit 99.1 to the Company’s Form 8-K filed with the Securities and Exchange Commission on March 30, 2017) (the
“Agreement Period”), but only to the extent such loss, liability, claim, damage and expense are based
upon or arise from any action, transaction state of facts or circumstances that occur during, but only during, the Agreement Period.

 

    
[Trust Indemnification Agreement]

     

    

 

[SIGNATURE PAGES FOLLOW]

 

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

 

	 	COMMITTED CAPITAL ACQUISITION CORPORATION, a Delaware
corporation
	 	 
	 	 By:	/s/ Michael Rapoport
	 	 	Name: Michael Rapoport

Title: Chairman and CEO

 

	 	NOTESPAC, LLC
	 	 
	 	 By:	/s/ Lauren Selig
	 	 	Name: Lauren Selig

Title: Managing Member

 

    
[Trust Indemnification Agreement]

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