Document:

Exhibit 10.2

 

Amendment
to 

STOCK
ESCROW AGREEMENT

 

This AMENDMENT TO THE
STOCK ESCROW AGREEMENT (the “Amendment”), dated as of December 16, 2020, by and among
BurgerFi International, Inc. (f/k/a OPES Acquisition Corp.), a Delaware corporation (“Company”), each stockholder
identified on the signature pages hereto and CONTINENTAL STOCK TRANSFER & TRUST COMPANY, a New York corporation (“Escrow
Agent”). Capitalized terms used herein and not otherwise defined herein shall have the meaning ascribed to them in the Stock
Escrow Agreement, dated as of March 13, 2018 (the “Stock Escrow Agreement”), by and among the Company, the Initial
Stockholders and the Escrow Agent.

 

W
I T N E S S E T H :

 

		A.	The
                                         Company and the Initial Stockholders entered into the Stock Escrow Agreement.

 

		B.	Subsequent
                                         to the date of the Stock Escrow Agreement, certain of the Initial Stockholders transferred
                                         their Escrow Shares to other Initial Stockholders and certain of such Initial Stockholders’
                                         members, officers, directors, consultants or affiliates (the “Initial Transferees”),
                                         and thereafter certain of the Initial Stockholders and/or Initial Transferees transferred
                                         their Escrow Shares to certain third parties (the “Subsequent Transferees,”
                                         and together with the Initial Transferees, the “Transferees”).

 

		C.	The
                                         Transferees agreed to be bound by the terms and conditions of the Stock Escrow Agreement,
                                         this Amendment and the Insider Letter signed by the Initial Stockholders transferring
                                         the shares.

 

		D.	The
                                         Company, the Initial Stockholders and the Transferees desire to make an amendment to
                                         the Stock Escrow Agreement as set forth in this Amendment.

 

The
parties hereto accordingly agree as follows:

 

1.
Amendment.

 

a.
Section 3 Disbursement of the Escrow Shares.

 

Section
3.2 of the Stock Escrow Agreement is hereby deleted and the following is inserted in its place:

 

“Except
as otherwise set forth herein, the Escrow Agent shall hold the shares remaining after any cancellation required pursuant to Section
3.1 above (such remaining shares to be referred to herein as the “Escrow Shares”) until the earlier of (x) six months
after the date of the consummation of the Company’s initial merger, share exchange, asset acquisition, stock purchase, recapitalization,
reorganization, or other similar business combination with one or more businesses or entities (“Business Combination”),
and (ii) if, subsequent to the closing date of the Business Combination, the post-closing Company (the “Post-Closing Entity”)
consummates a liquidation, merger, stock exchange or other similar transaction which results in all of the Post-Closing Entity’s
stockholders having the right to exchange their shares of Common Stock for cash, securities or other property (collectively, the
“Escrow Period”). The Company shall promptly provide notice of the consummation of a Business Combination to the Escrow
Agent. Upon completion of the Escrow Period, the Escrow Agent shall disburse such amount of each Initial Stockholder’s Escrow
Shares (and any applicable stock power) to such Initial Stockholder; provided, however, that if the Escrow Agent is notified by
the Company pursuant to Section 6.7 hereof that the Company is being liquidated because it failed to consummate a Business Combination
within the time period specified in the Company’s amended and restated certificate of incorporation, as the same may be
further amended from time to time, then the Escrow Agent shall promptly deliver the Escrow Shares to the Initial Stockholders
and/or Transferees, as appropriate (i.e. the holder of such shares at that time); provided further, that if, within six months
after the Company consummates a Business Combination, the Company (or the surviving entity) consummates a liquidation, merger,
stock exchange, or other similar transaction which results in all of the stockholders of such entity having the right to exchange
their shares of Common Stock for cash, securities, or other property, then upon receipt of a notice executed by the Chairman of
the Board, in form reasonably acceptable to the Escrow Agent, certifying that such transaction is then being consummated or such
conditions have been achieved, as applicable, the Escrow Agent will release the Escrow Shares to the Initial Stockholders and/or
Transferees, as appropriate (i.e. the holder of such shares at that time). The Escrow Agent shall have no further duties hereunder
after the disbursement of the Escrow Shares in accordance with this Section 3.”

 

     

     

    

 

2.
No Other Amendments. Except for the amendments expressly set forth in this Amendment, the Stock Escrow Agreement shall
remain unchanged and in full force and effect.

 

3.
Entire Agreement. The Stock Escrow Agreement (as amended by this Amendment), sets forth the entire agreement of the parties
hereto with respect to the subject matter hereof and thereof, and there are no restrictions, promises, representations, warranties,
covenants or undertakings with respect to the subject matter hereof or thereof, other than those expressly set forth in the Stock
Escrow Agreement (as amended by this Amendment). The Stock Escrow Agreement (as amended by this Amendment) supersedes all prior
and contemporaneous understandings and agreements related thereto (whether written or oral), all of which are merged herein.

 

4.
Governing Law. This Amendment shall for all purposes be deemed to be made under and shall be construed 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. Each of the parties 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 personal jurisdiction,
which jurisdiction shall be exclusive. Each of the parties hereby waives any objection to such exclusive jurisdiction and that
such courts represent an inconvenient forum.

 

5.
Severability. A determination by a court or other legal authority of competent jurisdiction that any provision of this
Amendment is legally invalid shall not affect the validity or enforceability of any other provision hereof. The parties hereto
shall cooperate in good faith to substitute (or cause such court or other legal authority to substitute) for any provision so
held to be invalid a valid provision, as alike in substance to such invalid provision as is lawful.

 

6.
Counterparts; Facsimile Signatures. This Amendment may be executed in counterparts, each of which shall constitute an original,
but all of which shall constitute one agreement. This Amendment shall become effective upon delivery to each party hereto an executed
counterpart or the earlier delivery to each party hereto an original, photocopied, or electronically transmitted signature pages
that together (but need not individually) bear the signatures of all other parties.

 

7.
Captions. Captions are not a part of this Amendment, but are included for convenience, only.

 

8.
Further Assurances. Each party hereto shall execute and deliver such documents and take such action, as may reasonably
be considered within the scope of such party’s obligations hereunder, necessary to effectuate the transactions contemplated
by this Amendment.

 

[Signature
page follows.]

 

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IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed by their respective authorized signatories
as of the date first indicated above.

 

	 	Company:
	 	 
	 	BurgerFi International, Inc. (f/k/a OPES Acquisition Corp.)
	 	 
	 	By:	/s/ Ophir Sternberg
	 	Name: 	Ophir Sternberg
	 	Title: 	Chairman and
    Chief Executive Officer  
	 	 
	 	INITIAL
    STOCKHOLDERS AND TRANSFEREES:  
	 	 
	 	LH
    Equities, LLC.  
	 	 
	 	By:	/s/ Ophir Sternberg
	 	Name: 	Ophir Sternberg
	 	Title: 	Manager  
	 	 
	 	AXIS
    PUBLIC VENTURES S. DE R.L. DE C.V.  
	 	 
	 	By:	/s/ Gonzalo Gil White
	 	Name: 	Gonzalo Gil White
	 	Title: 	CEO  
	 	 
	 	LION
POINT CAPITAL
	 	 
	 	By:	/s/ Isrhad Karim
	 	Name: 	Irshad Karim
	 	Title: 	General Counsel
    and CCO  
	 	 
	 	LB&B
    S.A. DE C.V.  
	 	 
	 	By:	/s/ Rodrigo Lebois Mateos
	 	Name: 	Rodrigo Lebois
    Mateos
	 	Title: 	CEO  
	 	 
	 	/s/ Gonzalo Gil White
	 	Name: 	Gonzalo Gil White
	 	 
	 	/s/ Carlos E. Williamson
	 	Name: 	Carlos E. Williamson
     
	 	 
	 	/s/ Jose Antonio Canedo White
	 	Name: 	Jose Antonio
    Canedo White
	 	 
	 	/s/ Gustavo A. Mondrago Marquez
	 	Name: 	Gustavo A. Mondrago
    Marquez
	 	 
	 	/s/ Jose Luis Cordova
	 	Name: 	Jose Luis Cordova
	 	 
	 	/s/ Miguel Angel Villegas Vargas
	 	Name: 	Miguel Angel
    Villegas Vargas  
	 	 
	 	CONTINENTAL
    STOCK TRANSFER & TRUST COMPANY  
	 	 
	 	By:	 
	 	Name:	 
	 	Title:  	 

 

 

3Exhibit 10.3

 

SHARE ESCROW AGREEMENT

 

THIS SHARE ESCROW AGREEMENT (“Agreement”)
is made and entered into as of December 16, 2020, by and by and among BurgerFi International, Inc. (f/k/a OPES Acquisition Corp.),
a Delaware corporation (the “Purchaser”), BurgerFi Holdings, LLC, a Delaware limited liability company, as the
representative of the Members (the “Members’ Representative”) and Continental Stock Transfer & Trust
Company, a New York corporation (“Escrow Agent”).

 

RECITALS

 

A. The
Purchaser, BurgerFi International LLC, a Delaware limited liability company (the “Company”), the members of
the Company, being BurgerFi Holdings, LLC and Andrea Jane Acker Revocable Trust U/A dated April 25, 2008 (each, a “Member”
and collectively the “Members”), and the Members’ Representative entered into a Membership Interest Purchase
Agreement dated as of June 29, 2020 (the “Underlying Agreement”), which requires that the Purchaser deliver
the Escrow Shares into the Escrow Fund to held and disbursed in accordance with this Agreement.

 

NOW THEREFORE,
in consideration of the foregoing and of the mutual covenants hereinafter set forth, the parties hereto agree as follows:

 

		1)	Appointment

 

		a)	Purchaser and Members’ Representative, on behalf of the Members, hereby appoint the Escrow Agent as their escrow agent
for the purposes set forth herein, and the Escrow Agent hereby accepts such appointment under the terms and conditions set forth
herein.

 

		b)	All capitalized terms with respect to the Escrow Agent shall be defined herein. The Escrow Agent shall act only in accordance
with the terms and conditions contained in this Agreement and shall have no duties or obligations with respect to the Underlying
Agreement.

 

		2)	Escrow Shares

 

		a)	Purchaser agrees to deposit with the Escrow Agent 943,396 shares of common stock, par value $0.0001 per share of Purchaser
(“Escrow Shares”) on the date hereof. The Escrow Agent shall

hold the Escrow Shares as a book-entry position registered in the name of “Continental Stock Transfer & Trust as Escrow
Agent for the benefit of BurgerFi Holdings, LLC and Andrea Jane Acker Revocable Trust U/A dated April 25, 2008.

 

		b)	During the term of this Agreement, the Members shall be entitled to vote the Escrow Shares on any matters to come before the
stockholders of Purchaser.

 

		c)	Any stock dividends paid with respect to the Escrow Shares shall be deemed part of the Escrow Shares and be delivered to the
Escrow Agent to be held in a bank account and be deposited in a non-interest bearing account to be maintained by the Escrow Agent
in the name of “Continental Stock Transfer & Trust as Escrow Agent for the benefit of BurgerFi Holdings, LLC and Andrea
Jane Acker Revocable Trust U/A dated April 25, 2008.

 

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		d)	In the event of any stock split, reverse stock split, stock dividend, recapitalization, reorganization, merger, consolidation,
combination, exchange of shares, liquidation, spin-off or other similar change in capitalization or event, or any distribution
to holders of the common stock of Purchaser, other than a regular cash dividend, the Escrow Shares shall be appropriately adjusted
on a pro rata basis and consistent with the terms of the Underlying Agreement.

 

		3)	Disposition and Termination

 

		a)	At any time upon delivery (i) to the Escrow Agent of joint written instructions from Purchaser and Members’ Representative
for a release of all or a portion of the Escrow Shares or (ii) of a written notification from Purchaser or Members’ Representative
of a final non-appealable decision, order, judgment or decree of a court of competition jurisdiction or an arbitrator, which notification
shall attach a copy of such final decision, order, judgment or decree (a “Final Order”), the Escrow Agent shall
deliver such Escrow Shares, or the applicable portion thereof, in accordance with the directions set forth in such joint written
instructions or Final Order. The Escrow Agent shall make distributions of the Escrow Shares only in accordance with such joint
written instruction or Final Order.

 

		b)	Upon the release and delivery of all the Escrow Shares by the Escrow Agent in accordance with the terms of this Agreement and
such written instructions, this Agreement shall terminate, subject to the provisions of Section 6.

 

		4)	Escrow Agent

 

		a)	The Escrow Agent shall have only those duties as are specifically and expressly provided herein, which shall be deemed purely
ministerial in nature, and no other duties shall be implied. The Escrow Agent shall neither be responsible for, nor chargeable
with, knowledge of, nor have any requirements to comply with, the terms and conditions of any other agreement (other than this
Agreement), instrument or document between Purchaser, Members and any other person or entity, in connection herewith, if any, including
without limitation the Underlying Agreement nor shall the Escrow Agent be required to determine if any person or entity has complied
with any such agreements, nor shall any additional obligation of the Escrow Agent be inferred from the terms of such agreements,
even though reference thereto may be made in this Agreement.

 

		b)	In the event of any conflict between the terms and provisions of this Agreement, those of the
                                                                Underlying Agreement, any schedule or exhibit attached to this Agreement, or any other agreement between Purchaser and
                                                                Members or any other person or entity, the terms and conditions of this Agreement shall control.

 

		c)	The Escrow Agent may rely upon and shall not be liable for acting or refraining from acting upon any written notice, document,
instruction or request furnished to it hereunder and believed by it to be genuine and to have been signed or presented by Purchaser
and Members’ Representative without inquiry and without requiring substantiating evidence of any kind. The Escrow Agent shall
not be liable to any beneficiary or other person for refraining from acting upon any instruction setting forth, claiming, containing,
objecting to, or related to the transfer or distribution of the Escrow Shares, or any portion thereof, unless such instruction
shall have been delivered to the Escrow Agent in accordance with Section 9 below and the Escrow Agent has been able to satisfy
any applicable security procedures as may be required hereunder and as set forth in Section 10. The Escrow Agent shall be
under no duty to inquire into or investigate the validity, accuracy or content of any such document, notice, instruction or request.
The Escrow Agent shall have no duty to solicit any payments which may be due nor shall the Escrow Agent have any duty or obligation
to confirm or verify the accuracy or correctness of any amounts deposited with it hereunder.

 

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		d)	The Escrow Agent shall not be liable for any action taken, suffered or omitted to be taken by it in good faith except to the
extent that a final adjudication of a court of competent jurisdiction determines that the Escrow Agent’s gross negligence
or willful misconduct was the primary cause of any loss to either Purchaser or Members or their beneficiaries. The Escrow Agent
may execute any of its powers and perform any of its duties hereunder directly or through affiliates or agents.

 

		e)	The Escrow Agent may consult with counsel, accountants and other skilled persons to be selected and retained by it. The Escrow
Agent shall not be liable for any action taken, suffered or omitted to be taken by it in accordance with, or in reliance upon,
the advice or opinion of any such counsel, accountants or other skilled persons except to the extent that a final adjudication
of a court of competent jurisdiction determines that the Escrow Agent’s gross negligence or willful misconduct was the primary
cause of any loss to either Purchaser or Members or their beneficiaries. In the event that the Escrow Agent shall be uncertain
or believe there is some ambiguity as to its duties or rights hereunder or shall receive instructions, claims or demands which,
in its opinion, conflict with any of the provisions of this Agreement, it shall be entitled to refrain from taking any action and
its sole obligation shall be to keep safely all the property held in escrow until it shall be given a joint written direction from
Purchaser and Members’ Representative which eliminates such ambiguity or uncertainty to the satisfaction of the Escrow Agent
or by a final and non-appealable order or judgement of a court of competent jurisdiction.

 

		5)	Succession

 

		a)	The Escrow Agent may resign and be discharged from its duties or obligations hereunder by giving thirty (30) days’ advance
notice in writing of such resignation to Purchaser and Members’ Representative specifying a date when such resignation shall
take effect, provided that such resignation shall not take effect until a successor Escrow Agent has been appointed in accordance
with this Section 5. If Purchaser and Members’ Representative have failed to appoint a mutually acceptable successor
Escrow Agent prior to the expiration of thirty (30) days following receipt of the notice of resignation, the Escrow Agent may petition
any court of competent jurisdiction for the appointment of a successor Escrow Agent or for other appropriate relief, and any such
resulting appointment shall be binding upon all of the parties hereto. The Escrow Agent’s sole responsibility after such
thirty (30) day notice period expires shall be to hold the Escrow Shares (without any obligation to reinvest the same) and to deliver
the same to a designated substitute Escrow Agent, if any, or in accordance with the directions of a final order or judgement of
a court of competent jurisdiction, at which time of delivery the Escrow Agent’s obligations hereunder shall ease and terminate,
subject to the provisions of Section 7 below. In accordance with Section 7 below, the Escrow Agent shall have the right
to withhold, as security, an amount of shares equal to any dollar amount due and owing to the Escrow Agent in connection with this
Agreement, plus any costs and expenses the Escrow Agent shall reasonably believe may be incurred by the Escrow Agent in connection
with the termination of this Agreement.

 

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		b)	Any entity into which the Escrow Agent may be merged or converted or with which it may be consolidated, or any entity to which
all or substantially all the escrow business may be transferred, shall be the Escrow Agent under this Agreement without further
act.

 

		6)	Compensation and Reimbursement. The Escrow Agent shall be entitled to compensation for its services under this
Agreement as Escrow Agent and for reimbursement for its reasonable out-of-pocket costs and expenses, in the amounts and payable
by Purchaser as set forth on Schedule 2. The Escrow Agent shall also be entitled to payments of any amounts to which the
Escrow Agent is entitled under the indemnification provisions contained herein as set forth in Section 7. The obligations
of Purchaser set forth in this Section 6 shall survive the resignation, replacement or removal of the Escrow Agent or the
termination of this Agreement.

 

		7)	Indemnity

 

		a)	The Escrow Agent shall be indemnified and held harmless by Purchaser and Members from and against any expenses, including counsel
fees and disbursements, or loss suffered by the Escrow Agent in connection with any action, suit or other proceeding involving
any claim which in any way, directly or indirectly, arises out of or relates to this Agreement, the services of the Escrow Agent
hereunder, other than expenses or losses arising from the gross negligence or willful misconduct of the Escrow Agent. Promptly
after the receipt by the Escrow Agent of notice of any demand or claim or the commencement of any action, suit or proceeding, the
Escrow Agent shall notify the other parties hereto in writing. In the event of the receipt of such notice, the Escrow Agent, in
its sole discretion, may commence an action in the Nature of Interpleader in any state of federal court located in New York County,
State of New York.

 

		b)	The Escrow Agent shall not be liable for any action taken or omitted by it in good faith and in the exercise of its own best
judgement, and may rely conclusively and shall be protected in acting upon any order, notice, demand, certificate, opinion or advice
of counsel (including counsel chosen by the Escrow Agent), statement, instrument, report or other paper or document (not only as
to its due execution and the validity and effectiveness of its provisions, but also as to the truth and acceptability of any information
therein contained) which is believed by the Escrow Agent to be genuine and to be signed or presented by the proper person or persons.
The Escrow Agent shall not be bound by any notice or demand, or any waiver, modification, termination or rescission of this Agreement
unless evidenced by a writing delivered to the Escrow Agent.

 

		c)	The Escrow Agent shall not be liable for any action taken by it in good faith and believed by it to be authorized or within
the rights or powers conferred upon it by this Agreement, and may consult with counsel of its own choice and shall have full and
complete authorization and indemnification, for any action taken or suffered by it hereunder in good faith and in accordance with
the opinion of such counsel.

 

		d)	This Section 7 shall survive termination of this Agreement or the resignation, replacement or removal of the Escrow
Agent for any reason.

 

		8)	Patriot Act Disclosure/Taxpayer Identification Numbers/Tax Reporting

 

		a)	Patriot Act Disclosure. Section 326 of the Uniting and Strengthening America by Providing Appropriate Tools Required
to Intercept and Obstruct Terrorism Act of 2001 (“USA PATRIOT Act”) requires the Escrow Agent to implement reasonable
procedures to verify the identity of any person that opens a new account with it.
Accordingly, Purchaser and Members’ Representative acknowledge that Section 326 of the USA PATRIOT Act and the Escrow Agents’
identity verification procedures require the Escrow Agent to obtain information which may be used to confirm the identity of Purchaser
or Members’ Representative including without limitation name, address and organizational documents (“identifying information”).
Purchaser and Members’ Representative agrees to provide the Escrow Agent with and consent to the Escrow Agent obtaining from
third parties any such identifying information required as a condition of opening an account with or using any service provided
by the Escrow Agent.

 

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		b)	Such underlying transaction does not constitute an installment sale requiring any tax reporting or withholding of imputed interest
or original issue discount to the IRS or other taxing authority.

 

		9)	Notices

 

		a)	All communications hereunder shall be in writing and, except for communications setting forth, claiming, containing, objecting
to, or in any way related to the full or partial transfer or distribution of the Escrow Shares, including but not limited to transfer
instructions (all of which shall be specifically governed by Section 10 below), all notices and communications hereunder
shall be deemed to have been duly given and made if in writing and if (i) served by personal delivery upon the party for whom it
is intended, (ii) delivered by registered or certified mail, return receipt requested, or by Federal Express or similar overnight
courier, or (iii) sent by facsimile or email, electronically or otherwise, to the party at the address set forth below, or such
other address as may be designated in writing hereafter, in the same manner, by such party:

 

If to the Escrow Agent:

 

Continental Stock Transfer
and Trust 

One State Street — 30th Floor

New York, New York 10004

Facsimile No: (212) 616-7615

Attention:_______________

Email:__________________

 

If to Purchaser to:

 

BurgerFi International, Inc. (f/k/a OPES Acquisition
Corp.) 

4218 NE 2nd Avenue

2nd Floor

Miami, Florida 33137

Attention: Ophir Sternberg

Email: o@lheartcapital.com

 

if to the Members or Members’
Representative:

 

BurgerFi International LLC

105 U.S. HIGHWAY ONE

NORTH PALM BEACH, FL 33408

Attn: General Counsel

Email: ross@burgerfi.com

Fax: (561) 844-5529

 

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		b)	Notwithstanding the above, in the case of communications delivered to the Escrow Agent, such communications shall be deemed
to have been given on the date received by an officer of the Escrow Agent or any employee of the Escrow Agent who reports directly
to any such offer at the above-referenced office. In the event that the Escrow Agent, in its sole discretion, shall determine that
an emergency exists, the Escrow Agent may use such other means of communication as the Escrow Agent deems appropriate. For purposes
of this Agreement, “Business Day” shall mean any day other than a Saturday, Sunday or any other day on which
the Escrow Agent located at the notice address set forth above is authorized or required by law or executive order to remain closed.

 

		10)	Security Procedures

 

		a)	Notwithstanding anything to the contrary as set forth in Section 9, any instructions setting forth, claiming, containing,
objecting to, or in any way related to the transfer distribution, including but not limited to any transfer instructions that may
otherwise be set forth in a joint written instruction permitted pursuant to Section 3 of this Agreement, may be given to
the Escrow Agent only by confirmed facsimile or other electronic transmission (including e-mail) and no instruction for or related
to the transfer or distribution of the Escrow Shares, or any portion thereof, shall be deemed delivered and effective unless the
Escrow Agent actually shall have received such instruction by facsimile or other electronic transmission (including e-mail) at
the number or e-mail address for the Escrow Agent set forth in Section 9 and as further evidenced by a confirmed transmittal
to that number.

 

		b)	In the event transfer instructions are so received by the Escrow Agent by facsimile or other electronic transmission (including
e-mail), the Escrow Agent is authorized to seek confirmation of such instructions by telephone call-back to the person or persons
designated on Schedule 1 hereto, and the Escrow Agent may rely upon the confirmation of anyone purporting to be the person
or persons so designated. The persons and telephone numbers for call-backs may be changed only in writing actually received and
acknowledged by the Escrow Agent. If the Escrow Agent is unable to contact any of the authorized representatives identified in
Schedule 1, the Escrow Agent is hereby authorized both to receive written instructions from and seek confirmation of such
instructions by officers of Purchaser and Members’ Representative (collectively, the “Senior Officers”),
as the case may be, which shall include the titles of Chief Executive Officer, General Counsel, Chief Financial Officer, President
of Executive Vice President, as the Escrow Agent may select. Such Senior Officer shall deliver to the Escrow Agent a fully executed
incumbency certificate, and the Escrow Agent may rely upon the confirmation of anyone purporting to be any such officer.

 

		c)	Purchaser and Members’ Representative acknowledge that the Escrow Agent is authorized to deliver the Escrow Shares to
the custodian account of recipient designated by Members’ Representative in writing.

 

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		11)	Compliance with Court Officers. In the event that any escrow property shall be attached, garnished or levied
upon by any court order, or the delivery thereof shall be stayed or enjoined by an order of a court, or any order, judgement of
decree shall be made or entered by any court order affecting the property deposited under this Agreement, the Escrow Agent is hereby
expressly authorized, in its sole discretion, to obey and comply with all writs, orders or decrees so entered or whether with or
without jurisdiction, and in the event that the Escrow Agent reasonably obeys or complies with any such writ, order or decree it
shall not be liable to any of the parties hereto or to any other person, entity, firm or corporation, by reason of such compliance
notwithstanding such writ, order or decree by subsequently reversed, modified, annulled, set aside or vacated.

 

		12)	Miscellaneous

 

		a)	Except for changes to transfer instructions as provided in Section 10, the provisions of this Agreement may be waived,
altered, amended or supplemented, in whole or in part, only by a writing signed by the Escrow Agent, Purchaser and Members’
Representative. Neither this Agreement nor any right or interest hereunder may be assigned in whole or in part by the Escrow Agent,
Purchaser or Members’ Representative except as provided in Section 5, without the prior consent of the Escrow Agent,
Purchaser and Members’ Representative.

 

		b)	This Agreement shall be governed by and construed under the laws of the State of New York. Each ofand the Escrow Agent
irrevocably waives any objection on the grounds of venue, forum non-convenience or any similar grounds and irrevocably consents
to service of process by mail or in any other manner permitted by applicable law and consents to the jurisdiction of any court
of the State of New York or United States federal court, in each case, sitting in New York County, New York. To the extent that
in any jurisdiction any party may now or hereafter be entitled to claim for itself or its assets, immunity from suit, execution
attachment (before or after judgement), or other legal process, such party shall not claim, and it hereby irrevocably waives, such
immunity. The parties further hereby waive any right to a trial by jury with respect to any lawsuit or judicial proceedings arising
or relating to this Agreement.

 

		c)	No party to this Agreement is liable to any other party for losses due to, or if it is unable to perform its obligations under
the terms of this Agreement because of, acts of God, fire, war, terrorism, floods, strikes, electrical outages, equipment or transmission
failure, or other causes reasonably beyond its control.

 

		d)	This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together
shall constitute one and the same instrument. All signatures of the parties to this Agreement may be transmitted by facsimile or
other electronic transmission (including e-mail), and such facsimile or other electronic transmission (including e-mail) will,
for all purposes, be deemed to be the original signature of such party whose signature it reproduces, and will be binding upon
such party.

 

		e)	If any provision of this Agreement is determined to be prohibited or unenforceable by reason of any applicable law of a jurisdiction,
then such provision shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining provisions thereof, and any such prohibition or unenforceability in such jurisdiction shall not invalidate
or render unenforceable such provisions in any other jurisdiction.

 

		f)	A person who is not a party to this Agreement, other than the Members, shall have no right to enforce any term of this Agreement.

 

		g)	The parties represent, warrant and covenant that each document, notice, instruction or request provided by such party to the
other party shall comply with applicable laws and regulations. Where, however, the conflicting provisions of any such applicable
law may be waived, they are hereby irrevocably waived by the parties hereto to the fullest extent permitted by law, to the end
that this Agreement shall be enforced as written.

 

		h)	Except as expressly provided in Section 7 above, nothing in this Agreement, whether express or implied, shall be construed
to give to any person or entity other than the Escrow Agent, Purchaser and Members any legal or equitable right, remedy, interest
or claim under or in respect of this Agreement or the Escrow Shares escrowed hereunder.

 

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IN WITNESS WHEREOF,
the parties hereto have executed this Agreement as of the date set forth above.

 

	 	Escrow Agent:
	 	 	 	 
	 	Continental Stock Transfer & Trust Company
	 	 	 	 
	 	By:	 
	 	 	Name:	 
	 	 	Title:	 

 

	 	 Purchaser:  
	 	 	 
	 	BurgerFi International, Inc. (f/k/a OPES Acquisition Corp.)
	 	 	 
	 	By: 	/s/ Ophir Sternberg
	 	 	Name: 	Ophir Sternberg
	 	 	Title: 	Executive Chairman

 

	 	Members’ Representative:
	 	 	 
	 	BurgerFi Holdings, LLC.
	 	 	 
	 	By:	/s/
    Kevin Cooper
	 		Kevin Cooper, Manager

 

 

 

Signature Page to Escrow Agreement

 

     

     

    

 

Schedule 1

 

Telephone Number(s) and authorized
signature(s)

for

Person(s) Designated to give
Escrow Transfer Instructions

 

	Party	 	Representative	 	Telephone No.	 	Signature
	Purchaser	 	Ophir Sternberg	 	 	 	
         

        

	Members’ Representative 	 	Kevin Cooper	 	 	 	
         

         

 

     

     

    

 

Schedule 2

 

Compensation and Reimbursement

 

None.

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