Document:

EXHIBIT 10.171
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CERTAIN IDENTIFIED INFORMATION MARKED BY [*] HAS BEEN EXCLUDED
FROM THIS EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) WOULD
LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY
DISCLOSED
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AMENDMENT No. 7 TO
PURCHASE AGREEMENT COM0188-10
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This Amendment No. 7 to the Purchase Agreement COM0188-10, dated as of June 15, 2011 (“Amendment No. 7”) relates to the Purchase Agreement COM0188-10 (the “Purchase Agreement”) between Embraer S. A. (f/k/a Embraer - Empresa Brasileira de Aeronáutica S.A.) (“Embraer”) and Air Lease Corporation (“Buyer”) dated dated October 5, 2010 (the “Agreement”). This Amendment No. 7 is between Embraer and Buyer, collectively referred to herein as the “Parties”.
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This Amendment No. 7 sets forth additional agreements between Embraer and Buyer with respects to the matters set forth herein.
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Except as otherwise provided for herein, all terms of the Purchase Agreement shall remain in full force and effect. All capitalized terms used in this Amendment No. 7 which are not defined herein shall have the meaning given in the Purchase Agreement.  In the event of any conflict between this Amendment No. 7 and the Purchase Agreement, the terms, conditions and provisions of this Amendment No. 7 shall control.
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WHEREAS, [*];
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NOW, THEREFORE, for good and valuable consideration which is hereby acknowledged, Embraer and Buyer hereby agree as follows:
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	1. 
	DELIVERY

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Article 5 of the Purchase Agreement and its delivery schedule table is hereby deleted and replaced by the following:
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“Subject to payment in accordance with Article 5 and the provisions of Articles 7 and 9, Embraer shall offer the Aircraft to Buyer for inspection, acceptance and subsequent delivery in FAF condition, at Embraer premises in São José dos Campos, State of São Paulo, Brazil, on a date within the month indicated in the schedule below:
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	A/C
	Contractual
Delivery
Date
	A/C
Model
	[*]
	A/C
	Contractual
Delivery Date
	A/C
Model
	[*]

	01
	[*] 11
	[*]
	[*]
	16
	[*]
	[*]
	[*]

	02
	[*]
	[*]
	[*]
	17
	[*]
	[*]
	[*]

​
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	COM0155-11 Amendment No. 7 to Purchase Agreement COM0188-10
	Page 1 of 3

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	03
	[*]
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	18
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	04
	[*]
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	19
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	05
	[*]
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	20
	[*]
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	06
	[*]
	[*]
	[*]
	21
	[*]
	[*]
	[*]

	07
	[*]
	[*]
	[*]
	22
	[*]
	[*]
	[*]

	08
	[*]
	[*]
	[*]
	23
	[*]
	[*]
	[*]

	09
	[*]
	[*]
	[*]
	24
	[*]
	[*]
	[*]

	10
	[*]
	[*]
	[*]
	25
	[*]
	[*]
	[*]

	11
	[*]
	[*]
	[*]
	26
	[*]
	[*]
	[*]

	12
	[*]
	[*]
	[*]
	27
	[*]
	[*]
	[*]

	13
	[*]
	[*]
	[*]
	28
	[*]
	[*]
	[*]

	14
	[*]
	[*]
	[*]
	29
	[*]
	[*]
	[*]

	15
	[*]
	[*]
	[*]
	30
	[*]
	[*]
	[*]

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Except as otherwise expressly provided differently elsewhere in this Agreement, the date indicated in the schedule above shall be deemed to be the last day of the month set forth in Article 5."
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2. MISCELLANEOUS
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The provisions of Articles 18, 19, 28, 29, 30 and 31 of the Purchase Agreement apply mutatis mutandis.  All other provisions of the Agreement that have not been specifically amended or modified by this Amendment No. 7 shall remain valid in full force and effect without any change.
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	COM0155-11 Amendment No. 7 to Purchase Agreement COM0188-10
	Page 2 of 3

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IN WITNESS WHEREOF, EMBRAER and BUYER, by their duly authorized officers, have entered into and executed this Amendment No. 7 to Purchase Agreement to be effective as of the date first written above.
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	EMBRAER S. A.
	    
	AIR LEASE CORPORATION

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	By 
	/s/ Paulo Cesa de Souza e Silva
	​
	By
	/s/ Grant Levy

	Name:
	Paulo Cesa de Souza e Silva
	​
	Name:
	Grant Levy

	Title:
	Executive Vice-President
	​
	Title: 
	Executive Vice President

	​
	Airline Market
	​
	​

	​
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	​

	​
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	By 
	/s/ José Luis D’Avila Molina
	​
	Date: 
	June 10, 2011

	Name:
	José Luis D’Avila Molina
	​
	Place: 
	Los Angeles, California,

	Title: 
	Vice President, Contracts
	​
	​
	USA

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	Airline Market
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	Date: 
	June 15, 2011
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	Place: 
	São José Campos, SP
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	Brazil
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	Witness:
	/s/ Claudiana Bueno
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	Witness:
	/s/ Isaura Melendrez

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	Name: Claudiana Bueno
	​
	Name: Isaura Melendrez

​

​
	COM0155-11 Amendment No. 7 to Purchase Agreement COM0188-10
	Page 3 of 3

​Exhibit 10.1

 

EMPLOYMENT AGREEMENT

 

EMPLOYMENT AGREEMENT (this
“Agreement”), dated as of February 9, 2021 (the “Effective Date”), between NS US
Holdings, Inc. (the “Company”), a subsidiary of Clever Leaves Holdings Inc. (“Parent”), and
Henry R. Hague, III (“Employee,” together with the Company, the “Parties” and, each, a “Party”).

 

WHEREAS, the Company desires
to employ Employee as an employee of the Company, and Employee desires to accept such employment, on the terms and conditions set
forth in this Agreement;

 

NOW, THEREFORE, on the
basis of the foregoing premises and in consideration of the mutual covenants and agreements contained herein, the Parties agree
as follows:

 

1. Employment; Title;
Duties and Location. The Company hereby employs Employee, and Employee hereby accepts such employment with the Company, on
the terms and subject to the conditions set forth herein. During the term of this Agreement, Employee shall serve the Company and
any affiliates in the position of Chief Financial Officer and shall report directly to and perform the duties and responsibilities
assigned to Employee from time to time by the Chief Executive Officer of the Company or his designee. It is expected that Employee’s
start date will be on or about February 22, 2021. The Employee’s initial principal place of business shall be at the Company’s
headquarters located in New York, New York or such other location as may be the Company’s headquarters from time to time;
provided that the Employee may work out of any of the Company’s offices in any location; provided, further, that, the Employee
shall relocate to the Company’s offices in Miami, Florida no later than December 31, 2021.

 

2. At-Will Employment.
Employee agrees that Employee’s employment shall be “at-will,” meaning that such employment is not for a definite
duration and, subject to Section 8 herein, may be terminated by either Employee or the Company, at any time, for Cause (as
defined below), for any other reason or no reason. For purposes hereof, “Cause” means the occurrence of any
one of the following on Employee’s part: (a) dishonesty of a material nature, including theft, fraud, or embezzlement of
money or tangible or intangible assets or property of the Company or its employees or business relations; (b) conviction of, or
a plea of nolo contendre to, a felony or act of moral turpitude (excluding any conviction of, or plea of nolo contendre
to, any crime under Federal laws for possession or distribution of cannabis or of any products containing cannabis resulting from
the Employee’s actions that are lawful under applicable state law and are undertaken by the Employee at the direction of
the Employee’s supervisor or manager or any officer of the Company in the performance of the Employee’s duties to the
Company); (c) material breach of this Agreement or Employee’s fiduciary duties to the Company; or (d) gross negligence in
the performance of Employee’s duties to the Company.

 

3. Compensation.

 

3.1 Base Salary.
During the term of this Agreement, Employee shall receive a base salary (the “Base Salary”) payable in substantially
equal installments in accordance with the Company’s normal payroll practices and procedures in effect from time to time and
subject to applicable withholdings and deductions, including all federal, state, local or other taxes or any payments of any other
nature as shall be required pursuant to any law or governmental regulation or ruling. Employee’s Base Salary shall be at
the annual rate of USD$250,000.00.

 

     

    

    

 

3.2 Annual Bonus.
In addition to the Base Salary, Employee shall be eligible for an annual bonus that shall be equal to 40% of Employee’s Base
Salary (the “Annual Bonus”) that shall normally be paid on or around the fiscal year end, provided, however,
that the Annual Bonus shall be at the Company’s discretion and subject to the achievement of operating and performance metrics
set at the Company’s discretion. The Annual Bonus shall be prorated for the Employee’s initial, partial year of employment
in 2021 and shall be paid, subject to Employee’s continuous employment through the payment date, annually by the Company
at such time that the Company normally makes payments to its other employees and in any event, no later than March 15th
of the year following the year in which such Annual Bonus is earned.

 

3.3 Equity Grant.
Subject to the approval of the Compensation Committee of the Board of Directors of Parent and the filing of a Form S-8 registration
statement by Parent with respect to the 2020 Incentive Award Plan (the “2020 Plan”) (such filing, the “S-8
Filing”), Parent will grant to the Employee, with such grants to be effective on the second business day following the
date of the S-8 Filing, the following: (a) 60,000 restricted share units, which restricted share units shall vest in equal annual
installments on each of the first four anniversaries of the grant date; (b) a stock option to purchase 20,000 of the Parent’s
common shares, with such option having a per-share exercise price equal to the greater of (i) $10.00 and (ii) the “Fair Market
Value” per share (as defined in the 2020 Plan) on the grant date, and vesting in equal annual installments on each of the
first four anniversaries of the grant date; and (c) a stock option to purchase 20,000 of the Parent’s common shares, with
such option having a per-share exercise price equal to the greater of (i) $12.50 and (ii) the Fair Market Value per share on the
grant date, which stock option shall vest in equal annual installments on each of the first four anniversaries of the grant date.
Each of the awards will be subject to such terms and conditions of the 2020 Plan and the related award agreements.

 

4. Vacation. Employee
shall be entitled to accrue twenty (20) days of paid vacation for each twelve (12) month period during the term of this Agreement,
the dates of which shall be subject to the pre-approval of the Chief Executive Officer of the Company or his designee. Accrued
but unused vacation days shall carry over to subsequent years until a maximum of twenty-five (25) days have accrued.

 

5. Benefits. During
the term of this Agreement, Employee shall be entitled to receive such employee benefits and other fringe benefits as may be provided
from time to time by the Company to its similarly-situated employees, including, for example only, but not necessarily including
or limited to, group health insurance, life and disability insurance, 401(k) savings plan, sick leave, and holidays, if and when
Employee meets the eligibility requirements and other terms for any such benefit. The Company reserves the right to change or discontinue
any employee benefit plans or programs now or in the future being offered to employees of the Company.

 

6. No Other Amounts.
Other than the payments and benefits provided by Sections 3 through 5 (as applicable) and 8 herein, Employee shall
not be entitled to any other compensation, equity interest, profit participation, vested or unvested benefit or any payment of
any kind unless approved by the Company in writing.

 

    2

    

    

 

7. Expiration of the
Term. Employee’s employment hereunder shall be “at-will,” meaning that either Employee or the Company may
terminate such employment at any time, for any reason or no reason. In the event Employee elects to resign Employee’s employment,
Employee shall provide the Company with at least fourteen (14) days’ advance written notice of such termination. The Company
may, in its sole discretion, waive any such notice period and terminate Employee’s employment before the expiration of such
notice period but will continue to pay Base Salary to the Employee through the end of such notice period in accordance with the
Company’s standard payroll practices. If the Company does not terminate Employee’s employment prior to the end of such
notice period, Employee shall continue to perform his duties and responsibilities consistent with the provisions of Section
1 herein.

 

8. Effect of Termination
of Employment.

 

8.1 In the event Employee’s
employment with the Company terminates, Employee shall have no right to receive any compensation, benefits or any other payments
or remuneration of any kind from the Company, except as set forth below. In the event Employee’s employment with the Company
is terminated for any reason, Employee shall receive the following: (i) Employee’s Base Salary through and including the
effective date of Employee’s termination of employment (the “Termination Date”), which shall be paid on
the first regularly scheduled payroll date of the Company following the Termination Date or on or before any earlier date as required
by applicable law; (ii) payment for accrued unused vacation pay, which shall also be paid on the first regularly scheduled payroll
date of the Company following the Termination Date or on or before any earlier date as required by applicable law; (iii) payment
of any vested benefit due and owing under any employee benefit plan, policy or program pursuant to the terms of such plan, policy
or program; (iv) payment for unreimbursed business expenses subject to, and in accordance with, the terms of the Company’s
business expense reimbursement policy, which payment shall be made within thirty (30) days after Employee submits the applicable
supporting documentation to the Company, and in any event no later than on or before the last day of Employee’s taxable year
following the year in which the expense was incurred (together, the “Accrued Obligations”).

 

8.2 In addition, if Employee’s
employment is terminated by the Company without Cause, then in consideration for, and subject to, Employee’s delivery to
the Company of an executed waiver and release of claims in a form approved by the Company (the “Release”) that
becomes effective and irrevocable in accordance with Section 13.6 below , and Employee’s continued compliance with
Employee’s post-termination obligations described in Sections 9 and 10 or in any other written agreement between Employee
and the Company, in addition to the Accrued Obligations, Employee will receive severance payments in the form of salary continuation
of Employee’s then-existing Base Salary for a period of six (6) months, payable, less applicable withholdings and deductions,
in regular installments in accordance with the Company’s normal payroll practices with the first of such installments to
commence on the first regular payroll date following the date the Release becomes effective and irrevocable (the Severance Payments”).

 

    3

    

    

 

9. Confidentiality,
Restrictive Covenants and Intellectual Property Agreement. Contemporaneously with their respective execution of this Agreement,
the Employee shall execute the Confidentiality, Restrictive Covenants and Intellectual Property Agreement (the “Confidentiality
Agreement”), a copy of which is annexed hereto as Exhibit A. The terms of the Confidentiality Agreement are hereby
incorporated by reference into this Agreement, except that, to the extent there is an irreconcilable conflict between the terms
of this Agreement and those of the Confidentiality Agreement, the terms of this Agreement shall govern. Employee’s execution
and compliance with the terms of the Confidentiality Agreement is a material term of this Agreement, upon which Employee’s
employment and continued employment with the Company is conditioned.

 

10. Cooperation.
During and after the term of this Agreement, Employee shall assist and cooperate with the Company, its parent company and their
respective affiliates (collectively, the “Company Group”) in connection with the defense or prosecution of any
claim that may be made against or by the Company or any other Company Group member, or in connection with any ongoing or future
investigation or dispute or claim of any kind involving the Company or any other Company Group member, including any proceeding
before any arbitral, administrative, judicial, legislative, or other body or agency, including testifying in any proceeding to
the extent such claims, investigations or proceedings relate to services performed or required to be performed by Employee, pertinent
knowledge possessed by Employee, or any act or omission by Employee. Employee will also perform all acts and execute and deliver
any documents that may be reasonably necessary to carry out the provisions of this paragraph. The Company will reimburse Employee
for reasonable expenses Employee incurs in fulfilling Employee’s obligations under this Section 10.

 

11. Representations
Regarding Prior Work and Legal Obligations.

 

11.1 Employee represents
and warrants that Employee has no agreement or other legal obligation with any prior employer, or any other person or entity, that
restricts Employee’s ability to accept employment with the Company. Employee further represents and warrants that Employee
is not a party to any agreement (including, without limitation, a non-competition, non-solicitation, no hire or similar agreement)
and has no other legal obligation that restricts in any way Employee’s ability to perform Employee’s duties and satisfy
Employee’s other obligations to the Company, including, without limitation, those under this Agreement.

 

11.2 Employee acknowledges
that the Company is basing important business decisions on these representations, agreements and warranties, and Employee affirms
that all of the statements included herein are true. Employee agrees that Employee shall defend, indemnify and hold the Company
harmless from any liability, expense (including attorneys’ fees) or claim by any person in any way arising out of, relating
to, or in connection with a breach and/or the falsity of any of the representations, agreements and warranties made by Employee
in this Section 11.

 

    4

    

    

 

12. Whistleblower Protections
and Trade Secrets. Notwithstanding anything to the contrary contained herein, nothing in this Agreement prohibits Employee
from reporting possible violations of federal law or regulation to any United States governmental agency or entity in accordance
with the provisions of and rules promulgated under Section 21F of the Securities Exchange Act of 1934 or Section 806 of the Sarbanes-Oxley
Act of 2002, or any other whistleblower protection provisions of state or federal law or regulation (including the right to receive
an award for information provided to any such government agencies). Furthermore, in accordance with 18 U.S.C. § 1833, notwithstanding
anything to the contrary in this Agreement: (i) Employee shall not be in breach of this Agreement, and shall not be held criminally
or civilly liable under any federal or state trade secret law (A) for the disclosure of a trade secret that is made in confidence
to a federal, state, or local government official or to an attorney solely for the purpose of reporting or investigating a suspected
violation of law, or (B) for the disclosure of a trade secret that is made in a complaint or other document filed in a lawsuit
or other proceeding, if such filing is made under seal; and (ii) if Employee files a lawsuit for retaliation by the Company for
reporting a suspected violation of law, Employee may disclose the trade secret to Employee’s attorney, and may use the trade
secret information in the court proceeding, if Employee files any document containing the trade secret under seal, and does not
disclose the trade secret, except pursuant to court order.

 

13. Section 409A.

 

13.1 The intent of the Company
is that compensatory payments and benefits under this Agreement are intended to be exempt from the requirements of Section 409A
of the Internal Revenue Code of 1986, as amended, (the “Code”) and the regulations and guidance promulgated
thereunder, to the maximum extent possible, whether pursuant to the short-term deferral exception described in Treasury Regulation
Section 1.409A-1(b)(4) or otherwise. If any amount payable pursuant to this Agreement is determined to be “nonqualified deferred
compensation” under Section 409A of the Code, this Agreement shall be interpreted, to the maximum extent possible, to be
in compliance with Section 409A of the Code.

 

13.2 Notwithstanding anything
in this Agreement to the contrary, any compensation or benefits payable under this Agreement that is considered nonqualified deferred
compensation under Section 409A of the Code and is designated under this Agreement as payable upon Employee’s termination
of employment shall be payable only upon Employee’s “separation from service” with the Company within the meaning
of Section 409A of the Code (a “Separation from Service”).

 

13.3 Notwithstanding anything
else in this Agreement to the contrary, if Employee is deemed by the Company to be a “specified employee” for purposes
of Section 409A of the Code, to the extent delayed commencement of any portion of the benefits to which Employee is entitled under
this Agreement is required in order to avoid a prohibited distribution under Section 409A, such portion of Employee’s benefits
shall not be provided to Employee prior to the earlier of (A) the expiration of the six (6)-month period measured from the date
of Employee’s Separation from Service with the Company or (B) the date of Employee’s death. Upon the first business
day following the expiration of the applicable Code Section 409A period, all payments deferred pursuant to the preceding sentence
shall be paid in a lump sum to Employee (or Employee’s estate or beneficiaries), and any remaining payments due to Employee
under this Agreement shall be paid as otherwise provided herein.

 

    5

    

    

 

13.4 To the extent that
any reimbursements under this Agreement are subject to Section 409A of the Code, any such reimbursements payable to Employee shall
be paid to Employee no later than December 31st of the year following the year in which the expense was incurred; the
amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, other
than medical expenses referred to in Section 105(b) of the Code; and Employee’s right to reimbursement under this Agreement
will not be subject to liquidation or exchange for another benefit.

 

13.5 Employee’s right
to receive any installment payments under this Agreement, including, without limitation, any continuation salary payments that
are payable on Company payroll dates, shall be treated as a right to receive a series of separate payments and, accordingly, each
such installment payment shall at all times be considered a separate and distinct payment as permitted under Section 409A of the
Code.

 

13.6 Notwithstanding anything
to the contrary in this Agreement, to the extent that any payments due under this Agreement as a result of Employee’s termination
of employment are subject to Employee’s execution and delivery of a Release, (A) the Company shall deliver the Release to
Employee within ten (10) business days following Employee’s Termination Date, and the Company’s failure to deliver
a Release prior to the expiration of such ten (10) business day period shall constitute a waiver of any requirement to execute
a Release, (B) if Employee fails to execute the Release on or prior to the Release Expiration Date (as defined below) or timely
revokes Employee’s acceptance of the Release thereafter, Employee shall not be entitled to any payments or benefits otherwise
conditioned on the Release, and (C) in any case where Employee’s Termination Date and the Latest Release Effective Date fall
in two separate taxable years, any payments required to be made to Employee that are conditioned on the Release and are treated
as nonqualified deferred compensation for purposes of Section 409A of the Code shall be made in the later taxable year. For purposes
hereof, “Release Expiration Date” shall mean (i) if Employee is less than 40 years old as of the Termination
Date, the date that is twenty-one (21) days following the date upon which the Company timely delivers the Release to Employee,
or such shorter time prescribed by the Company, and (ii) if Employee is 40 years or older as of the Termination Date, the date
that is twenty-one (21) days following the date upon which the Company timely delivers the Release to Employee, or, in the event
that Employee’s termination of employment is “in connection with an exit incentive or other employment termination
program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967), the date that is forty-five (45)
days following such delivery date and “Latest Release Effective Date” shall mean the (eighth) 8th
day following the applicable Release Expiration Date. To the extent that any payments of nonqualified deferred compensation (within
the meaning of Section 409A of the Code) due under this Agreement as a result of Employee’s termination of employment are
delayed pursuant to this Section 13.6, such amounts shall be paid in a lump sum on the first payroll date following the
date that Employee executes and does not revoke the Release (and the applicable revocation period has expired) or, in the case
of any payments subject to Section 13.6(C), on the first payroll period to occur in the subsequent taxable year, if later.

 

    6

    

    

 

14. Arbitration.
Employee and the Company agree that, except for claims for workers’ compensation, unemployment compensation, claims before
administrative agencies and any other claim that is non-arbitrable under applicable law, final and binding arbitration shall be
the exclusive forum for any dispute or controversy between them, including, without limitation, disputes arising under or in connection
with this Agreement, the Confidentiality Agreement, and Employee’s employment, and/or termination of employment, with the
Company. This arbitration provision includes all common-law and statutory claims (whether arising under federal, state, local or
foreign law), including any claim for breach of contract, fraud, unpaid wages, wrongful termination, or discrimination/harassment
on the basis of gender, age, national origin, sexual orientation, marital status, disability, or any other protected status. Such
arbitration shall be conducted in New York, New York and shall be administered by the Judicial Arbitration and Mediation Service
(“JAMS”) in accordance with the JAMS’ then current employment arbitration rules and procedures and any
applicable state statute, or successor or replacement statutes. Claims must be submitted to the JAMS for arbitration in accordance
with the JAMS’s rules for commencing an arbitration and within the time period set forth in the applicable statute of limitations.
The Company and Employee hereby agree that a judgment upon an award rendered by the arbitrator may be entered in any court having
jurisdiction over the Parties. Fees of the arbitrator shall be paid by the Company where required by applicable law. Otherwise,
each Party shall be solely responsible for paying their own costs associated with the arbitration, including their own attorneys’
fees and expert witness fees. However, if either Party prevails on a statutory or contract claim which affords the prevailing party
their attorneys’ fees, the arbitrator may award reasonable outside attorneys’ fees to the prevailing Party. THE
PARTIES UNDERSTAND AND AGREE THAT THEY ARE WAIVING THEIR RIGHTS TO BRING SUCH CLAIMS TO COURT, INCLUDING THE RIGHT TO A JURY TRIAL.

 

15. Miscellaneous Provisions.

 

15.1 IRCA Compliance.
This Agreement, and Employee’s employment with the Company, is conditioned on Employee’s establishing Employee’s
identity and authorization to work as required by the Immigration Reform and Control Act of 1986 (IRCA).

 

15.2 Assignability and
Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the heirs, executors, administrators,
successors and legal representatives of Employee, and shall inure to the benefit of and be binding upon the Company, other members
of the Company Group and their successors and assigns, but the obligations of Employee are personal services and may not be delegated
or assigned. Employee shall not be entitled to assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement,
or any of Employee’s rights and obligations hereunder, and any such attempted delegation or disposition shall be null and
void and without effect. This Agreement may be assigned by the Company to a person or entity that is an affiliate or a successor
in interest to substantially all of the business operations of the Company. Upon such assignment, the rights and obligations of
the Company hereunder shall become the rights and obligations of such affiliate or successor person or entity.

 

15.3 Severability and
Blue Penciling. If any provision of this Agreement is held to be invalid, the remaining provisions shall remain in full force
and effect. However, if any court determines that any covenant in this Agreement, is unenforceable because the duration, geographic
scope or restricted activities thereof are overly broad, then such provision or part thereof shall be modified by reducing the
overly broad duration, geographic scope or restricted activities by the minimum amount so as to make the covenant, in its modified
form, enforceable.

 

    7

    

    

 

15.4 Governing Law.
This Agreement shall be governed by and construed in accordance with the internal laws of the State of New York, without regard
to the principles of conflicts of law thereof (to the extent that the application of the laws of another jurisdiction would be
required thereby).

 

15.5 Notices.

 

(a) Any notice or other
communication under this Agreement shall be in writing and shall be delivered by hand, email, or mailed by overnight courier or
by registered or certified mail, postage prepaid:

 

(i) If to Employee, to Employee’s
mailing address or email address on the books and records of the Company.

 

(ii) If to the Company,
to NS US Holdings, Inc., 489 Fifth Avenue, 27th Floor, New York, NY 10017, Attention: General Counsel, or at such other
mailing address or email address as it may have furnished in writing to Employee.

 

(b) Any notice so addressed
shall be deemed to be given: if delivered by hand or email, on the date of such delivery; if mailed by overnight courier, on the
first business day following the date of such mailing; and if mailed by registered or certified mail, on the third business day
after the date of such mailing.

 

15.6 Survival of Terms.
All provisions of this Agreement that, either expressly or impliedly, contain obligations that extend beyond termination of Employee’s
employment hereunder, including without limitation Sections 9, 10, 11, 12, 13, 14, and
15 herein, shall survive the termination of this Agreement and of Employee’s employment hereunder for any reason.

 

15.7 Interpretation.
The headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation
of this Agreement. The language in all parts of this Agreement shall in all cases be construed according to its fair meaning, and
not strictly for or against any Party. The Parties acknowledge that both of them have participated in drafting this Agreement;
therefore, any general rule of construction that any ambiguity shall be construed against the drafter shall not apply to this Agreement.
In this Agreement, unless the context otherwise requires, the masculine, feminine and neuter genders and the singular and the plural
include one another.

 

15.8 Further Assurances.
The Parties will execute and deliver such further documents and instruments and will take all other actions as may be reasonably
required or appropriate to carry out the intent and purposes of this Agreement.

 

15.9 Voluntary and Knowing
Execution of Agreement. Employee acknowledges that: (a) Employee has had the opportunity to consult an attorney regarding the
terms and conditions of this Agreement before executing it; (b) Employee fully understands the terms of this Agreement including,
without limitation, the significance and consequences of the post-employment restrictive covenants herein and in the Confidentiality
Agreement; and (c) Employee is fully satisfied with the terms of this Agreement and is executing this Agreement voluntarily, knowingly
and willingly and without duress.

 

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15.10 Entire Agreement.
This Agreement (including Exhibit A attached hereto and the recitals set forth above both of which are hereby incorporated
into this Agreement) constitutes the entire understanding and agreement of the Parties concerning the subject matter hereof, and
it supersedes all prior negotiations, discussions, correspondence, communications, understandings and agreements regarding such
subject matter. Each Party acknowledges and agrees that such Party is not relying on, and may not rely on, any oral or written
representation of any kind that is not set forth in writing in this Agreement.

 

15.11 Waivers and Amendments.
This Agreement may be altered, amended, modified, superseded or cancelled, and the terms hereof may be waived, only by a written
instrument signed by the Parties or, in the case of a waiver, by the Party alleged to have waived compliance. Any such signature
of the Company must be by an authorized signatory for the Company. No delay by any Party in exercising any right, power or privilege
hereunder shall operate as a waiver thereof, nor shall any waiver on the part of any Party of any such right, power or privilege,
nor any single or partial exercise of any such right, power or privilege, preclude any other or further exercise thereof or the
exercise of any other such right, power or privilege.

 

15.12 Counterparts.
This Agreement may be executed in counterparts, and each counterpart, when executed, shall have the efficacy of a signed original.
Photographic copies, electronically scanned copies and other facsimiles of this Agreement (including such signed counterparts)
may be used in lieu of the originals for any purpose.

 

[The remainder of this page is intentionally
blank; signature page follows.]

  

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IN WITNESS WHEREOF, the
Parties have executed and delivered this Agreement as of the date first above written.

 

	/s/ Henry R. Hague, III	 
	Henry R. Hague, III	 
	 	 
	NS US HOLDINGS, INC.	 
	 	 	 
	By:	/s/ Kyle Detwiler	 
	 	Kyle Detwiler, Chairman and Chief Executive Officer

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