Document:

Exhibit 10.3

 

	 	

 

MASTER SERVICES AGREEMENT

 

This Master Services Agreement (“Agreement”),
effective as of the date of the later signature below (“Effective Date”), is entered into by and between GoBrands,
Inc., d/b/a goPuff (“goPuff”), and the entity set forth below (“Partner”).

 

WHEREAS, (i) goPuff is in the business
of selling and distributing convenience items, (ii) Partner offers certain convenience items sold and distributed by goPuff; (iii)
Partner wishes for GoPuff to engage in certain Promotional Activities (defined below); and (iv) goPuff agrees to engage in same.

 

NOW, THEREFORE, the parties agree as follows:

 

1. Promotional Activities.

 

1.1. Promotional
Activities. Subject to the terms and conditions of this Agreement, during the Term, goPuff shall engage in the promotional
activities, for the benefit of Partner, set forth in any applicable Statement of Work (the “Promotional Activities”).

 

1.2. Order of Precedence.
The parties intend for the express terms and conditions contained in this Agreement (including schedules and exhibits hereto) and
in each statement of work executed by authorized representatives of each party (“Statement(s) of Work”) to exclusively
govern and control each party’s respective rights and obligations regarding the provision of Promotional Activities, and
the parties’ agreement is expressly limited to such terms and conditions. From time to time during the Term, the parties
may enter into one or more Statements of Work. The provisions set forth in each Statement of Work are incorporated by reference
into this Agreement for all purposes hereunder. Notwithstanding the foregoing, if any provisions contained in a Statement of Work
directly conflict with any terms and conditions contained in this Agreement, the applicable provision of this Agreement will prevail
and such conflicting provision(s) in the Statement of Work will have no force or effect.

 

1.3. Promotional
Materials. Partner shall provide all materials, content, trademarks, and information, including photographs, videos, product
descriptions and information (“Promotional Materials”) to be used by goPuff in connection with the Promotional
Activities for Partner. Such Promotional Materials will be in the format reasonably requested by goPuff. Partner shall deliver
all Promotional Materials to goPuff by the date specified in the applicable Statement of Work.

 

2. Fees. Each
party shall pay to the other any fees or other amounts specified in a Statement of Work. The party to which such fees or other
amounts are owed will invoice the other party on the schedule set forth in the applicable Statement of Work and the party receiving
such invoice shall pay such amounts, in U.S. dollars, within 30 days of the invoice date. Any late payment shall require the delinquent
party to pay, in addition to the amount due, interest accruing at the time such obligation was first owed at the rate of 1.5% per
month, on the amounts delinquent for the period of the delinquency, without prejudice to any other rights of the other party in
connection therewith; provided, however, that in no event shall the interest rate be greater than the maximum permitted under applicable
law

 

3. Term; Termination.

 

3.1. Term. The
term of this Agreement commences on the Effective Date hereof and continues until mutually terminated in writing by the parties
or otherwise terminated pursuant to the terms of this Agreement (“Term”).

 

3.2. Mutual Termination
Right. Either party may terminate this Agreement upon 30 days’ written notice in the event that no Statement of Work
then remains in effect.

 

3.3. Termination
for Breach. A party may terminate this Agreement and/or any or all Statements of Work by providing written notice to the other
party if such other party in breach of any representation, warranty or covenant of such party under this Agreement or any Statement
of Work and either the breach cannot be cured or, if the breach can be cured, it is not cured by such party within a commercially
reasonable period of time under the circumstances, in no case more than 30 days following such party’s receipt of written
notice of such breach.

 

3.4. Termination
for Bankruptcy/Insolvency. A party may terminate this Agreement and/or any or all Statements of Work immediately upon written
notice following the institution of bankruptcy or state law insolvency proceedings against the other party, if such proceedings
are not dismissed within 30 days of commencement.

 

3.5. Effect of Expiration
or Termination. Immediately upon the effectiveness of a notice of termination delivered by a party hereunder, goPuff shall
promptly terminate all performance under each applicable Statement of Work. Any expiration or termination of this Agreement will
not affect any rights or obligations of the parties that (a) come into effect upon or after such expiration or termination, or
(b) otherwise survive expiration or termination. Upon the expiration or any termination of this Agreement, each party shall: (i)
return to the other party or destroy all documents and tangible materials (and any copies) containing, reflecting, incorporating
or based on the other party’s Confidential Information (defined below); (ii) permanently erase all of the other party’s
Confidential Information from its computer systems, except for copies that are maintained as archive copies on its disaster recovery
and/or information technology backup systems (and each party shall destroy any such copies upon the normal expiration of its backup
files); and (iii) upon the other party’s written request, certify in writing to such other party that it has complied with
the requirements of this Section 3.5. Neither party will be liable to the other party for any damage of any kind incurred by the
other party solely by reason of the termination of this Agreement. Termination of this Agreement will not, however, constitute
a waiver of any of either party’s rights, remedies or defenses under this Agreement, at law, in equity or otherwise.

 

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4. Representations
and Warranties.

 

4.1. Formation;
Authority. Partner represents, warrants, and covenants that, as of the Effective Date and continuing throughout the Term: it
is and shall continue to be duly formed, validly existing and in good standing under the laws of its jurisdiction of organization;
it has and shall continue to have all requisite power and authority to execute, deliver and perform its obligations under this
Agreement and each Statement of Work; the execution, delivery, and performance of this Agreement and each Statement of Work have
been duly authorized by all requisite corporate action; and this Agreement and each Statement of Work together constitute the legal,
valid and binding agreement of Partner, enforceable against it in accordance with their applicable terms.

 

4.2. Compliance
with Laws. Partner represents, warrants and covenants that it shall comply at all times, at its own expense, with the provisions
of all applicable federal, state, county and local laws, ordinances, regulations, and codes, as well as all non-U.S. laws, applicable
to Partner’s performance of this Agreement and shall at all times refrain from engaging in any illegal, unfair, unethical
or deceptive business practices.

 

5. Indemnification.

 

5.1. By
Partner. Partner shall indemnify, defend and hold harmless goPuff, its respective successors and permitted assigns (collectively,
“goPuff Indemnified Party(ies)”) from and against any and all losses, damages, liabilities, deficiencies, claims,
actions, judgments, settlements, interest, awards, penalties, fines, costs, or expenses of whatever kind, including reasonable
attorneys’ fees and the costs of enforcing any right to indemnification under this Agreement (collectively, “Losses”),
incurred by any goPuff Indemnified Party as a result of, arising from or related to (a) the breach or non-fulfillment of any term
or condition of this Agreement by Partner, (b) any Promotional Materials of Partner provided to goPuff, (c) any claim of infringement
of third-party rights arising out of goPuff’s use of Partner’s intellectual property in accordance with this Agreement,
(d) any unauthorized use or disclosure of goPuff’s Confidential Information that is attributable to Partner or Partner’s
employees, contractors, agents or representatives and/or (e) any Partner products or services, including, without limitation, any
such Partner products or services sold or otherwise distributed by GoPuff.

 

5.2. By
goPuff. goPuff shall indemnify, defend and hold harmless Partner, its respective successors and permitted assigns (collectively,
“Partner Indemnified Parties”) from and against any and all Losses incurred by any Partner Indemnified Party
as a result of, arising from or related to (a) the breach or non-fulfillment of any term or condition of this Agreement by goPuff,
(b) any claim of infringement of third-party rights arising out of Partner’s use of goPuff’s intellectual property
in accordance with this Agreement, or (c) any unauthorized use or disclosure of Partner’s Confidential Information that is
attributable to goPuff or goPuff’s employees, contractors, agents or representatives.

 

5.3. Exclusions.
Notwithstanding anything to the contrary in this Agreement, an indemnifying party is not obligated to indemnify any indemnified
party to the extent that any Losses arise from an indemnified party’s breach of any term or condition of this Agreement.

 

5.4. Cooperation.
In the event that any claim for Losses is brought against an indemnified party, the indemnified party agrees (a) to promptly provide
the indemnifying party with written notice of such claim, (b) to provide the indemnifying party the option to control the defense
and settlement of any claim solely for monetary damages provided that (i) the indemnifying party diligently defends such claim
with counsel reasonably satisfactory to the indemnified party and (ii) the indemnifying party agrees to fully indemnify the indemnified
party for all Losses arising from such claim, and (c) cooperate in the defense of such claim or proceeding. The indemnifying party
shall not settle any such claim without the indemnified party’s prior written consent, such consent not to be unreasonably
withheld.

 

6. LIMITATION
OF LIABILITY; DISCLAIMER.

 

6.1. LIMITATION
OF LIABILITY. NOTWITHSTANDING ANYTHING TO THE CONTRARY IN THIS AGREEMENT, EXCEPT FOR LOSSES ATTRIBUTABLE TO GROSS NEGLIGENCE,
WILLFUL MISCONDUCT, THIRD PARTY CLAIMS SUBJECT TO INDEMNIFICATION UNDER SECTION 4 OF THIS AGREEMENT, OR BREACH OF CONFIDENTIALITY
OBLIGATIONS UNDER SECTION 8 OF THIS AGREEMENT, (A) IN NO EVENT SHALL EITHER PARTY BE LIABLE HEREUNDER FOR CONSEQUENTIAL, INDIRECT,
INCIDENTAL, SPECIAL, EXEMPLARY, PUNITIVE OR ENHANCED DAMAGES, INCLUDING LOST PROFITS OR REVENUES OR DIMINUTION IN VALUE, ARISING
OUT OF OR RELATING TO THIS AGREEMENT OR ANY STATEMENT OF WORK, REGARDLESS OF WHETHER SUCH DAMAGES WERE FORESEEABLE, WHETHER PARTNER
WAS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, OR WHETHER THE CLAIM WAS BASED IN CONTRACT, TORT OR OTHER LEGAL OR EQUITABLE THEORY
AND (B) THE MAXIMUM AGGREGATE AND CUMULATIVE LIABILITY OF EITHER PARTY UNDER THIS AGREEMENT OR ANY STATEMENT OF WORK, WHETHER ARISING
IN OR FOR BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) BREACH OF STATUTORY DUTY OR OTHERWISE, SHALL NOT EXCEED THE FEES PAID
FOR THE PROMOTIONAL ACTIVITIES THAT ARE THE SUBJECT OF THE BREACH UNDER THE APPLICABLE STATEMENT OF WORK. PARTNER AGREES THAT THIS
LIMITATION OF LIABILITY IS AN AGREED ALLOCATION OF RISK CONSTITUTING PART OF THE CONSIDERATION FOR GOPUFF PROVIDING THE PROMOTIONAL
ACTIVITIES.

 

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6.2. DISCLAIMER.
ANY WARRANTIES AND REMEDIES SET FORTH IN THIS AGREEMENT ARE THE ONLY WARRANTIES AND REMEDIES PROVIDED BY EITHER PARTY HEREUNDER.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, ALL OTHER WARRANTIES OR REMEDIES ARE EXCLUDED, WHETHER EXPRESS OR IMPLIED, ORAL
OR WRITTEN, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR ANY PARTICULAR PURPOSE, AND ANY WARRANTIES ARISING
FROM USAGE OF TRADE OR COURSE OF DEALING OR PERFORMANCE.

 

7. Intellectual
Property. Each of the parties acknowledges and agrees that:

 

7.1. Each
party retains exclusive ownership of its Intellectual Property Rights. The term “Intellectual Property Rights”
shall mean: all industrial and other intellectual property rights comprising or relating to: (a) patents; (b) trademarks; (c) internet
domain names, whether or not trademarks, registered by any authorized private registrar or governmental authority, web addresses,
web pages, website, and URLs; (d) works of authorship, expressions, designs and design registrations, whether or not copyrightable,
including copyrights and copyrightable works, software and firmware, application programming interfaces, data, data files, and
databases and other specifications and documentation; (e) trade secrets; and (f) all industrial and other intellectual property
rights, and all rights, interests and protections that are associated with, equivalent or similar to, or required for the exercise
of, any of the foregoing, however arising, in each case whether registered or unregistered and including all registrations and
applications for, and renewals or extensions of, such rights or forms of protection pursuant to the laws of any jurisdiction throughout
in any part of the world.

 

7.2. Partner
does not transfer to goPuff any right, title or interest, including any Intellectual Property Rights, in or to any Partner intellectual
property, and goPuff may not use any of Partner’s intellectual property except that Partner grants to goPuff a non-exclusive,
worldwide, royalty-free license to use Partner’s intellectual property to market Partner’s products to goPuff’s
customers;

 

7.3. goPuff
does not transfer to Partner any right, title or interest, including any Intellectual Property Rights, in or to any GoPuff intellectual
property (including, without limitation, any intellectual property developed by or on behalf of GoPuff in connection with the Promotional
Activities hereunder, which, for the avoidance of doubt, shall remain the sole and exclusive property of GoPuff), except that goPuff
grants to Partner a non-exclusive, worldwide, royalty-free license to use information regarding the results of Promotional Activities
set forth in reports provided by goPuff, solely for Partner’s internal business purposes, to market and sell Partner’s
products to Partner’s customers during the term of this Agreement and any applicable Statement of Work; provided that (i)
Partner is not in breach of any term or condition of this Agreement or any Statement of Work and (ii) Partner agrees that its collection,
access, use, storage, disposal and disclosure of such information (including, without limitation, securing such information from
unauthorized access or use) will comply with best industry standards, all applicable federal, state, and foreign privacy and data
protection laws, rules and regulations, and any other applicable regulations and directives.

 

8.
Confidentiality.

 

8.1. From
time to time during the Term, either party (“Disclosing Party”) may disclose or make available to the other
party (“Receiving Party”) information about its business affairs, goods and Promotional Activities, confidential
information and materials comprising or relating to Intellectual Property Rights, trade secrets, customer and other third-party
confidential information and other sensitive or proprietary information. Such information, as well as the terms of this Agreement,
whether oral or in written, electronic or other form or media, and whether or not marked, designated or otherwise identified as
“confidential” constitutes “Confidential Information” hereunder. Without limiting the foregoing and for
the avoidance of doubt, Partner acknowledges and agrees that if and to the extent that Partner accesses any data or information
hosted, processed, or collected by or on behalf of goPuff, such data or information shall constitute goPuff’s Confidential
Information. Confidential Information does not include information that: (a) is or becomes generally available to and known by
the public other than as a result of, directly or indirectly, any breach of this Section 8 by the Receiving Party or any of its
representatives; (b) is or becomes available to the Receiving Party on a non-confidential basis from a third-party source, provided
that such third party is not and was not prohibited from disclosing such Confidential Information; (c) was known by or in the possession
of the Receiving Party prior to being disclosed by or on behalf of the Disclosing Party; (d) was or is independently developed
by the Receiving Party without reference to or use of, in whole or in part, any of the Disclosing Party’s Confidential Information;
or (e) is required to be disclosed pursuant to applicable law.

 

8.2. The
Receiving Party shall, at all times after receipt of such Confidential Information: (a) protect and safeguard the confidentiality
of the Disclosing Party’s Confidential Information with at least the same degree of care as the Receiving Party would protect
its own Confidential Information, but in no event with less than a commercially reasonable degree of care; (b) not use the Disclosing
Party’s Confidential Information, or permit it to be accessed or used, for any purpose other than to exercise its rights
or perform its obligations under this Agreement; (c) not disclose any such Confidential Information to any third party, except
to the Receiving Party’s representatives who need to know the Confidential Information to assist the Receiving Party, or
act on its behalf, to exercise its rights or perform its obligations under this Agreement; and (d) immediately, upon discovery,
notify the Disclosing Party of any unauthorized access to the Disclosing Party’s Confidential Information and promptly (at
the Receiving Party’s expense) take actions, including those reasonably requested by the Disclosing Party, to comply with
applicable laws governing data breaches and related matters.

 

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8.3. The
Receiving Party shall be responsible for any breach of this Section 8 caused by any of its representatives. On the expiration or
any termination of this Agreement, at the Disclosing Party’s written request, the Receiving Party shall, pursuant to Section
3.5, promptly return or destroy all Confidential Information and copies thereof that it has received under this Agreement.

 

9.
Miscellaneous.

 

9.1. Further
Assurances. Upon a party’s reasonable request, the other party shall, at its sole cost and expense, execute and deliver
all such further documents and instruments, and take all such further acts, necessary to give full effect to this Agreement.

 

9.2. Relationship
of the Parties. The relationship between goPuff and Partner is solely that of independent contracting parties. For the avoidance
of doubt, notwithstanding the use of the defined term “Partner” herein, nothing in this Agreement creates any agency,
joint venture, partnership or other form of joint enterprise, employment or fiduciary relationship between the parties. Neither
party has any express or implied right or authority to assume or create any obligations on behalf of or in the name of the other
party or to bind the other party to any contract, agreement or undertaking with any third party.

 

9.3. Entire
Agreement. This Agreement, including and together with any related exhibits, schedules and Statements of Work, constitutes
the sole and entire agreement of the parties with respect to the subject matter contained herein and therein, and supersedes all
prior and contemporaneous understandings, agreements, representations and warranties, both written and oral, with respect to such
subject matter.

 

9.4. Survival.
The following provisions will survive the expiration or any termination of this Agreement: 3.5; 4; 5; 6; 7; 8; and 9.

 

9.5. Notices.
All notices, requests, consents, claims, demands, waivers and other communications under this Agreement must be in writing and
addressed to the signatory to this Agreement for the other party at its address set forth below via nationally recognized overnight
courier.

 

9.6. Headings.
The headings in this Agreement are for reference only and do not affect the interpretation of this Agreement.

 

9.7. Severability.
If any term or provision of this Agreement is invalid, illegal or unenforceable in any jurisdiction, such invalidity, illegality
or unenforceability does not affect any other term or provision of this Agreement or invalidate or render unenforceable such term
or provision in any other jurisdiction. Upon a determination that any term or provision is invalid, illegal or unenforceable, the
court may modify this Agreement to effect the original intent of the parties as closely as possible in order that the transactions
contemplated hereby be consummated as originally contemplated to the greatest extent possible.

 

9.8. Amendment
and Modification. No amendment to this Agreement is effective unless it is in writing and signed by an authorized representative
of each party.

 

9.9. Waiver.
(a) No waiver under this Agreement is effective unless it is in writing and signed by an authorized representative of the party
waiving its right; (b) any waiver authorized on one occasion is effective only in that instance and only for the purpose stated,
and does not operate as a waiver on any future occasion and (c) none of the following constitutes a waiver or estoppel of any right,
remedy, power, privilege or condition arising from this Agreement: (i) any failure or delay in exercising any right, remedy, power
or privilege or in enforcing any condition under this Agreement; or (ii) any act, omission or course of dealing between the parties.

 

9.10. Cumulative
Remedies. Except as expressly provided to the contrary herein, all rights and remedies provided in this Agreement are cumulative
and not exclusive, and the exercise by either party of any right or remedy does not preclude the exercise of any other rights or
remedies that may now or subsequently be available at law, in equity, by statute, in any other agreement between the parties or
otherwise.

 

9.11. Equitable
Remedies. Each party acknowledges and agrees that (a) a breach or threatened breach by such party of any of its obligations
under Section 8 would give rise to irreparable harm to the other party for which monetary damages would not be an adequate remedy
and (b) in the event of a breach or a threatened breach by such party of any such obligations, the other party shall, in addition
to any and all other rights and remedies that may be available to such party at law, at equity or otherwise in respect of such
breach, be entitled to seek equitable relief, including a temporary restraining order, an injunction, specific performance and
any other relief that may be available from a court of competent jurisdiction, without any requirement to post a bond or other
security, and without any requirement to prove actual damages or that monetary damages will not afford an adequate remedy.

 

9.12. Assignment;
Successors; No Beneficiaries. Partner may not assign this Agreement, in whole or in part, by operation of law or otherwise,
or any of its rights or obligations hereunder, without the prior written consent of goPuff. Any purported assignment or delegation
in violation of this Section is null and void. Subject to the foregoing, this Agreement is binding on and inures to the benefit
of the parties and their respective successors and permitted assigns. This Agreement benefits solely the parties to this Agreement,
their respective successors and permitted assigns, and the indemnified parties, and nothing in this Agreement, express or implied,
confers on any third party any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this
Agreement.

 

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9.13. Force
Majeure. A party shall not be held responsible for any delay or failure in performance of any part of this Agreement to the
extent such delay or failure is attributable to a force majeure event, including without limitation: (i) weather, fire, storms,
elements of nature, flood, earthquakes and other natural disasters or acts of God; (ii) wars (declared and undeclared), acts of
terrorism, sabotage, riots, civil disorders, blockades, embargoes, rebellions, revolutions, epidemics or quarantines; (iii) power
or telecommunications failures or outages, hardware failures, software defects or malicious damage; (iv) industry-wide shortages
of labor or materials, work stoppages, strikes or other similar events, labor disputes or accidents; (v) acts of any governmental
authority with respect to any of the foregoing, prohibitions or restrictions or changes in applicable law or delays arising from
compliance with any law or government regulation; or (vi) other similar causes beyond its control and without the fault or negligence
of such party.

 

9.14. Governing
Law. This Agreement, including all Statements of Work and all exhibits, schedules, attachments and appendices attached hereto
and thereto, and all matters arising out of or relating to the foregoing, are governed by, and construed in accordance with, the
laws of the State of New York, United States of America, without regard to the conflict of laws provisions thereof.

 

9.15. Counterparts.
This Agreement may be executed in counterparts, each of which is deemed an original, but all of which together is deemed to be
one and the same agreement. A signed copy of this Agreement delivered by facsimile, e-mail or other means of electronic transmission
is deemed to have the same legal effect as delivery of an original signed copy of this Agreement, if the party sending such facsimile,
e-mail or other means of electronic transmission has received express confirmation that the recipient party received the Agreement
(not merely an electronic facsimile confirmation or automatic email reply).

 

9.16. No
Public Announcements or Trademark Use. Partner shall not: (a) make any statement (whether oral or in writing) in any press
release, external advertising, marketing or promotional materials regarding the subject matter of this Agreement, goPuff or its
business unless (i) Partner has received the express written consent of goPuff in each instance, or (ii) Partner is required to
do so by law; (b) use any of goPuff’s trademarks without the prior written consent of goPuff.

 

IN WITNESS WHEREOF, the parties hereto have executed this Master
Services Agreement as of the Effective Date.

 

	GOBRANDS, INC. D/B/A GOPUFF	 	PARTNER:  
	 	 	 
	By:	                                   	 	By:	                      
	 	 	 	 	 
	Name:	 	 	Name:	 
	 	 	 	 	 
	Title:	 	 	Title:	 
	 	 	 	 	 
	Date:	 	 	Date:	 

 

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GOBRANDS,
INC.

STATEMENT
OF WORK

 

Nightfood

 

		I.	Introduction

 

This
Statement of Work made by and between GoBrands, Inc. d/b/a goPuff (“goPuff”), and Nightfood, Inc. (“Partner”)
is issued pursuant to Section 1.2  of that certain Master Services Agreement by and between the parties dated April 22, 2019
(the “MSA”).

 

This
Statement of Work and all Services performed hereunder shall be subject to the terms, conditions, and limitations set forth in
the MSA. In the event of a conflict between the terms of the MSA and the terms of this Statement of Work, this Statement of Work
shall control solely with respect to the matters expressly referenced herein. Capitalized terms used but not defined in this Statement
of Work shall have the meanings set forth in the MSA. This Statement of Work shall not affect the validity of the MSA.

 

This
Statement of Work shall be effective as of the Effective Date (defined below) and continue until December 31, 2019 unless sooner
terminated under any applicable provision of the MSA (the “Term”).

 

		II.	Principal
                                         Contacts

 

	Partner	 	goPuff

        

	 	 	 
	Sean
    Folkson	 	Daniel
    Folkman
	(Name)	 	(Name)

        

	 	 	 
	212-828-8275	 	(856)
    745-9042
	(Phone)	 	(Phone)

        

	 	 	 
	sean@nightfood.com	 	daniel.folkman@gopuff.com
	(Email)	 	(Email)

        

 

		III.	Scope
                                         of Services

 

		(a)	Product
                                         Introduction. 

 

		1.	Available
                                         for Purchase. goPuff agrees to introduce and make Partner brand products available
                                         for retail purchase through goPuff’s online distribution service beginning as soon
                                         as commercially possible and throughout 2019. goPuff will offer Partner brand in all
                                         goPuff markets serviced by the Vistar OpCo’s in Illinois, Mid-Atlantic, and New
                                         England. This represents distribution in approximately half of existing goPuff markets.
                                         In June 2019, goPuff will use reasonable efforts to introduce the Partner brand in all
                                         goPuff markets serviced by Vistar OpCo’s in North Carolina and Ohio. In addition,
                                         goPuff will use reasonable efforts to offer Partner brand in approximately 15 facilities
                                         in Texas in 2019. goPuff will use reasonable efforts to make Partner brand available
                                         in all goPuff markets by December 31, 2019. Both Parties anticipate that it might be
                                         mutually beneficial to complete the roll-out sooner than that, and agree to work together
                                         to do so, at goPuff’s discretion.

 

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		2.	Product
                                         Launch. goPuff will support the launch of Partner brand products on the goPuff platform
                                         (“Product Launch”). A Product Launch will include, as mutually
                                         agreed upon:

 

		i.	In-App
                                         Promotion. To promote the Product Launch, goPuff will leverage in-app merchandising
                                         capabilities.

		ii.	Media.
                                         To promote the Product Launch, goPuff may leverage in-app messaging, emails, and paid
                                         digital advertising.

		iii.	Digital
                                         Surveying. To support the Product Launch, goPuff may survey customers who have purchased
                                         Partner brand products.

		iv.	Reporting.
                                         goPuff will report on the performance of the Product Launch in the Quarterly Report.

 

		(b)	Ancillary
                                         Services

 

		1.	Reporting.
                                         goPuff shall provide three (3) quarterly Preferred Reports  , which shall include
                                         the following data analyses:

 

		i.	Sales
                                         and percent change for Partner brand products broken out on a monthly basis;

		ii.	Shopper
                                         basket analysis;

		iii.	Customer
                                         loyalty matrix;

		iv.	Multiple
                                         purchase incidence;

		v.	Customer
                                         location, day, part, and gender analysis;

		vi.	Category
                                         growth and percent share change; and

		vii.	Competitive
                                         analysis.

		viii.	Campaign
                                         Results

		ix.	Promo
                                         code redemptions

 

		2.	In-App
                                         Promotion. With the intent to get customers to make an order on goPuff and purchase
                                         Partner brand products, goPuff will leverage in-app merchandising capabilities which
                                         will include featured placement and inclusion in digital end caps. The Promotion Period
                                         will begin upon the execution of this agreement and will run until December 31, 2019
                                         (the “Promotion Period”). During the Promotion Period, goPuff
                                         shall provide the Partner with at least the following:

 

		i.	Digital
                                         End Caps. goPuff shall include Partner brand products in at least six (6) weekly
                                         Digital End Caps (individually, a “Digital End Cap”). A Digital
                                         End Cap shall include, as mutually agreed upon by goPuff and the Partner, at least one
                                         (1) Partner brand products “above the fold” within the “All”
                                         subcategory of the “Pints on Pints” category.

		ii.	Featured
                                         Placement. goPuff shall provide Partner with six (6) monthly digital shelves (individually,
                                         a “Digital Shelf”). A Digital Shelf shall include, as mutually
                                         agreed upon by goPuff and the Partner, at least three (3) Partner brand products “above
                                         the fold” within the “Low Cal” subcategory of the “Pints on Pints”
                                         category.

 

		3.	Partner
                                         Success Manager. goPuff will provide the Buyer with a dedicated Partner Success Manager
                                         who will communicate with the Partner on a regular cadence as mutually agreed upon by
                                         goPuff and the Partner

 

		(c)	Partner
                                         Requirements. The Partner will:

 

		1.	Announce
                                         the availability of Partner brand products on the goPuff platform through a formal co-branded
                                         press release.

		2.	Include
                                         goPuff as a retailer option for customers on the Partner website.

		3.	Create
                                         at least one (1) post with five (5) different influencers announcing the availability
                                         of Partner brand products on the goPuff platform. The exact influencers will be mutually
                                         agreed upon by goPuff and the Partner.

		4.	Promote
                                         a goPuff New User Promo Code. goPuff shall create and provide to Partner a New User Promo
                                         Code that, when successfully applied and used by a New User may garner up to $4 off such
                                         New User’s initial goPuff order. The New User Promo Code will be valid only during
                                         the duration of this Statement of Work.

		i.	goPuff
                                         agrees and commits to pay the Partner $10 (a “Referral Fee”) for each New
                                         goPuff User who applies the New User Promo Code and completes their initial goPuff order.

 

    Page 2 of 3

     

    

 

 

		5.	Provide
                                         goPuff with category advisement and insights to help drive growth for the associated
                                         categories on the goPuff platform

		6.	Provide
                                         goPuff with audience insights to help optimize the Partner’s inclusion in goPuff’s
                                         paid digital marketing efforts

		7.	Provide
                                         the following Promotional Materials: suggested in-app content, high-resolution product
                                         images, trademark and logo usage rights, and any other media or promotional materials
                                         necessary to carry out the services. Promotional Materials shall be provided to goPuff
                                         within 30 days of the Effective Date and supplemental Promotional Materials may be provided
                                         at such time(s) as mutually agreed upon by the Parties.

 

		(d)	Partner
                                         acknowledges that all information provided by goPuff pursuant to this Statement of Work
                                         shall constitute goPuff’s Confidential Information.

 

		(e)	Partner
                                         acknowledges that any Intellectual Property provided pursuant to this Statement of Work
                                         shall constitute goPuff’s Intellectual Property and Confidential Information

 

		IV.	Fees

 

		(a)	Partnership
                                         Fee. Partner shall pay goPuff five hundred and eighty-five thousand dollars ($585,000)
                                         (the “Partnership Fee”). The Partnership Fee will be earned
                                         upon the execution of this Agreement and MSA. The  Partnership Fee shall be invoiced
                                         by goPuff in six equal installments. The first invoice will be sent upon the execution
                                         of this Agreement and the MSA. The second invoice we be sent 30 days after the execution
                                         of this Agreement and MSA. The third invoice will be sent 60 days after the execution
                                         of this Agreement and MSA. The fourth invoice will be sent 90 days after the execution
                                         of this Agreement and MSA. The fifth invoice will be sent 120 days after the execution
                                         of this Agreement and MSA. The sixth invoice will be sent 150 days after the execution
                                         of this Agreement and MSA.

 

		(b)	Referral
                                         Fee. goPuff shall pay to Partner $10 for each successful application and use of the
                                         New User Promo Code. The referral fees shall be paid out in three (3) installments. The
                                         first installment shall equal the aggregate sum of successful applications and uses of
                                         the New User Promo Code x $10 attributable to the period of April 22, 2019 to June 30,
                                         2019. The second installment shall equal the aggregate sum of successful applications
                                         and uses of the New User Promo Code x $10 attributable to the period of July 1, 2019
                                         to September 30, 2019. The third installment shall equal the aggregate sum of successful
                                         applications and uses of the New User Promo Code x $10 attributable to the period of
                                         October 1, 2019 to December 31, 2019. All invoices will be payable 30 days after receipt.

 

		(c)	Additional
                                         Services. During the course of the project, it may become necessary to complete Change
                                         Order(s) for additional services that are not addressed in this Statement of Work. Once
                                         agreed upon between the parties, Change Orders for additional services shall be made
                                         in writing and signed by both parties. Any additional services shall be subject to additional
                                         fees mutually agreed upon by goPuff and Buyer and shall be billed prior to the delivery
                                         of such additional services.

 

		V.	Authorization
                                         to Begin Work

 

The
signatures below represent the Buyer approval for goPuff to commence work on this project as currently defined, with an agreement
to pay all fees, expenses and applicable taxes incurred in the delivery of such work. By executing below, that parties, intending
to be legally bound, have entered into this Statement of Work as of the date last written below (the “Effective Date”).

 

	GoBrands, Inc. d/b/a goPuff	 	Nightfood, Inc.
	 	 	 	 	 
	By:	          	 	By:	 
	 	(Signature)	 	 	(Signature)
	 	 	 	 	 
	Name:	 	 	Name: 	 
	 	(Print Name)	 	 	(Print Name)
	 	 	 	 	 
	Title:	 	 	Title:	 
	 	 	 	 	 
	Date:	 	 	Date:	 

 

 

Page 3 of 3EX-10.9

 Exhibit 10.9 
  

 
  

INVESTOR RIGHTS AGREEMENT 

by and between 

AVANTOR, INC. 
 AND

 NEW MOUNTAIN PARTNERS III, L.P. 
  

 
 Dated as of
[            ], 2019 
  

 
  

 
  

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 ARTICLE I DEFINITIONS
	  	 	3	 
			
	 Section 1.1
	 	Certain Definitions	  	 	3	 
	 Section 1.2
	 	Terms Defined Elsewhere in this Agreement	  	 	4	 
	 Section 1.3
	 	Interpretive Provisions	  	 	4	 
		
	 ARTICLE II CORPORATE GOVERNANCE
	  	 	5	 
			
	 Section 2.1
	 	Board of Directors	  	 	5	 
		
	 ARTICLE III OTHER COVENANTS AND AGREEMENTS
	  	 	6	 
			
	 Section 3.1
	 	Conflicting Organizational Document Provisions	  	 	6	 
	 Section 3.2
	 	Competition and Corporate Opportunities	  	 	7	 
		
	 ARTICLE IV GENERAL
	  	 	8	 
			
	 Section 4.1
	 	Assignment	  	 	8	 
	 Section 4.2
	 	Term and Effectiveness	  	 	8	 
	 Section 4.3
	 	Severability	  	 	8	 
	 Section 4.4
	 	Entire Agreement; Amendment	  	 	8	 
	 Section 4.5
	 	Counterparts	  	 	9	 
	 Section 4.6
	 	Governing Law	  	 	9	 
	 Section 4.7
	 	Waiver of Jury Trial; Consent to Jurisdiction	  	 	9	 
	 Section 4.8
	 	Specific Enforcement	  	 	9	 
	 Section 4.9
	 	Notices	  	 	10	 
	 Section 4.10
	 	Binding Effect; Third Party Beneficiaries	  	 	10	 
	 Section 4.11
	 	Further Assurances	  	 	10	 
	 Section 4.12
	 	Table of Contents, Headings and Captions	  	 	11	 
	 Section 4.13
	 	No Recourse	  	 	11	 

  
 i 

 Exhibits and Annexes 

 

					
			
	Exhibit I	  	–	  	Company Charter
			
	Exhibit II	  	–	  	Company Bylaws

  
 ii 

 INVESTOR RIGHTS AGREEMENT 

This INVESTOR RIGHTS AGREEMENT ( “Agreement”) is entered into as of
[                ], 2019, by and between Avantor, Inc., a Delaware corporation (the “Company”) and New Mountain Partners III, L.P., a Delaware limited
partnership (“New Mountain”). 
 In consideration of the mutual covenants and agreements contained herein, and other good
and valuable consideration the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound, the parties hereby agree as follows: 

ARTICLE I 

DEFINITIONS 

Section 1.1    Certain Definitions. As used in this Agreement, the following definitions shall apply: 

“Affiliate” means, when used with reference to any Person, any Person that directly or indirectly, through one or more
intermediaries, controls, is controlled by or is under common control with such specified Person; provided that, limited partners, non-managing members or other similar direct or indirect investors in a
Person (in their capacities as such) shall not be deemed to be Affiliates of such Person; provided further, that, for the avoidance of doubt, for purposes of Section 3.2, the definition of “Affiliate” shall
include (a) in respect of New Mountain, any principal, member, director, partner, officer, employee or other representative of any of the foregoing (other than the Company and any Person that is controlled by the Company) and (b) in
respect of the Company, any Person that, directly or indirectly is controlled by the Company. 
 “Aggregate New Mountain
Ownership” means the total number of Shares owned, in the aggregate and without duplication, by New Mountain as of the date of such calculation. 

“Board” means the board of directors of the Company. 

“Business Day” means a day other than a Saturday, Sunday or other day on which banks located in New York City, New York are
authorized or required by law to close. 
 “Common Stock” means common stock, $0.01 par value per share, of the Company (or
any successor of the Company by combination of shares, recapitalization, merger, consolidation or other reorganization) and any stock into which any such common stock shall have been changed or any stock resulting from any reclassification of any
such common stock. 
 “Company Bylaws” means the Second Amended and Restated Bylaws of the Company, a copy of which is
attached hereto as Exhibit II. 
 “Company Charter” means the Second Amended
and Restated Certificate of Incorporation of the Company, a copy of which is attached hereto as Exhibit I. 

“Director” means any of the individuals elected or appointed to serve on the Board. 

 “Exchange Act” means the Securities Exchange Act of 1934, as amended, and
the rules and regulations of the Securities and Exchange Commission promulgated thereunder. 
 “IPO” means the initial
public offering of Common Stock. 
 “IPO Date” means the date on which the IPO is consummated. 

“Organizational Documents” means the Company Bylaws and the Company Charter, each as amended from time to time. 

“Person” means an individual, a corporation, a partnership, a limited liability company, a trust, an incorporated or
unincorporated association, a joint venture, a joint stock company or any other entity or body. 
 “Shares” means shares of
Common Stock, including shares of Common Stock issued upon any conversion of warrants or convertible securities. 
 “Stock
Exchange” means the New York Stock Exchange or other national securities exchange or interdealer quotation system on which the Common Stock is at any time listed or quoted. 

“Stock Exchange Independent Director” means a Director who qualifies, as of the date of such Director’s election or
appointment to the Board (or any committee thereof) and as of any other date on which the determination is being made, as an “Independent Director” under the applicable rules of the Stock Exchange, as determined by the Board. 

Section 1.2     Terms Defined Elsewhere in this Agreement. Each of the following terms is defined in
the Section set forth opposite such term: 
  

					
	 Term
	  	Section	 
	Agreement	  	 	Preamble	 
	Audit Committee	  	 	Section 2.1(b)	 
	Company	  	 	Preamble	 
	Compensation Committee	  	 	Section 2.1(b)	 
	First-Time Director Nominee	  	 	Section 2.1(a)(iii)	 
	Identified Persons	  	 	Section 3.2(b)	 
	New Mountain	  	 	Preamble	 
	New Mountain Director	  	 	Section 2.1(a)	 
	Nominating Committee	  	 	Section 2.1(b)	 

 Section 1.3    Interpretive Provisions. The words “hereof”,
“herein” and “hereunder” and words of like import used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement. The captions herein are included for convenience of
reference only and shall be ignored in the construction or interpretation hereof. References to Articles and Sections are to Articles and Sections of this Agreement unless otherwise specified. Any singular term in this Agreement shall be deemed to
include the plural, and any plural term the singular. Whenever the words “include”, “includes” or “including” are used in this 

  
 4 

 
Agreement, they shall be deemed to be followed by the words “without limitation”, whether or not they are in fact followed by those words or words of like import. “Writing”,
“written” and comparable terms refer to printing, typing and other means of reproducing words (including electronic media) in a visible form. References to any statute shall be deemed to refer to such statute as amended from time to time
and to any rules or regulations promulgated thereunder. References to any agreement or contract are to that agreement or contract as amended, restated, supplemented or otherwise modified from time to time in accordance with the terms hereof and
thereof. References to any Person include the successors and permitted assigns of that Person. References from or through any date mean, unless otherwise specified, from and including or through and including, respectively. References in this
Agreement to a number or percentage of shares, units or other equity interests shall take into account and give effect to any split, combination, dividend or recapitalization of such shares, units or other equity interests, as applicable. 

ARTICLE II 

CORPORATE GOVERNANCE 

Section 2.1    Board of Directors. 

(a)    Nomination. On and after the IPO Date, New Mountain shall have the right to nominate Directors to serve on
the Board. Each Director so nominated by New Mountain may be referred to as a “New Mountain Director.” Such nomination rights shall be as follows: 

(i)    So long as the Aggregate New Mountain Ownership continues to be (A) at least 50% of the Shares
New Mountain owned immediately following the consummation of the IPO, New Mountain shall be entitled to nominate three Directors, (B) less than 50% but at least 25% of the Shares New Mountain owned immediately following the consummation of the
IPO, New Mountain shall be entitled to nominate two Directors and (C) less than 25% but at least 10% of the Shares New Mountain owned immediately following the consummation of the IPO, New Mountain shall be entitled to nominate one Director;

 (ii)    The Company hereby agrees (A) to include the nominees of New Mountain nominated pursuant
to this Section 2.1(a) as the nominees to the Board on each slate of nominees for election of the Board included in the Company’s annual meeting proxy statement (or consent solicitation or similar document),
(B) to recommend the election of such nominees to the stockholders of the Company and (C) without limiting the foregoing, to otherwise use its reasonable best efforts to cause such nominees to be elected to the Board, including providing
at least as high a level of support for the election of such nominees as it provides to any other individual standing for election as a director. For so long as the Directors on the Board are divided into three classes, such New Mountain Directors
shall be apportioned among such classes so as to maintain the number of New Mountain Directors in each class as nearly equal as possible; and 

(iii)    With respect to any person that will be nominated or designated to be a Director for the first
time at an annual meeting (each person, a “First-Time Director Nominee”) by New Mountain, New Mountain shall nominate its First-Time Director 

  
 5 

 
Nominee by (A) delivering to the Company its written statement at least 90 days prior to the one-year anniversary of the preceding annual meeting
nominating such First-Time Director Nominee and (B) setting forth such First-Time Director Nominee’s business address, telephone number, facsimile number and e-mail address; provided, that if
New Mountain shall fail to deliver such written notice, New Mountain shall be deemed to have nominated the Director(s) previously nominated (or designated pursuant to this Section 2.1(a)(iii)) by New Mountain who is/are
currently serving on the Board. 
 (b)    Committees. The Company shall establish and maintain an audit and
finance committee of the Board (the “Audit Committee”), a compensation and human resources committee of the Board (the “Compensation Committee”), a nominating and governance committee of the Board (the
“Nominating Committee”), and such other Board committees as the Board deems appropriate from time to time or as may be required by applicable law or the Stock Exchange rules. For so long as the Company maintains a Compensation
Committee or Nominating Committee, such committees shall each include at least one New Mountain Director (but only if New Mountain is then entitled to nominate at least one New Mountain Director and, to the extent then required under the applicable
rules of the Stock Exchange, such Director is a Stock Exchange Independent Director). 
 (c)    Removal.
Directors shall serve until their resignation or removal or until their successors are nominated; provided, that if the number of Directors that New Mountain is entitled to nominate pursuant to Section 2.1(a) is
reduced by one or more Directors, then New Mountain, shall, to the extent requested by the Stock Exchange Independent Directors then serving on the Nominating Committee, promptly cause such number of Directors equal to the number by which the number
of Directors has been so reduced as aforesaid to resign from service on the Board (and all committees thereof). In addition, New Mountain shall cause any Director nominated by it to promptly resign from service on any committee of the Board if such
Director is not a Stock Exchange Independent Director to the extent then required under the applicable rules of the Stock Exchange. 

(d)    Vacancies. If any Director previously nominated by New Mountain dies or is unwilling or unable to serve as
such or is otherwise removed or resigns from office (other than pursuant to the proviso to the first sentence of Section 2.1(c)), then New Mountain shall promptly nominate a successor to such Director, in accordance with
this Section 2.1; provided, that if New Mountain is not entitled to fill such vacant Director position(s), then such vacant Director position(s) shall be filled by the Board, upon the recommendation of the Nominating
Committee. 
 ARTICLE III 

OTHER COVENANTS AND AGREEMENTS 

Section 3.1    Conflicting Organizational Document Provisions. The Company agrees to utilize its reasonable
best efforts to ensure that neither ambiguity nor conflicts arise between the terms of this Agreement and those of (i) its Organizational Documents and (ii) the Stockholders Agreement of the Company, dated as of November 21, 2017 (as
the same was amended on March 15, 2018, and as may be further amended, supplemented, restated or otherwise modified from time to time), by and among the Company, certain affiliates of New Mountain, Broad Street Principal Investments, L.L.C,
NuSil, LLC, NuSil 2.0 LLC, Galvaude Private Investments, Inc. and each of the other stockholders of the Company party thereto. 

  
 6 

 Section 3.2    Competition and Corporate Opportunities. 

(a)    In recognition and anticipation that (i) certain directors, principals, members, officers, associated funds,
employees and/or other representatives of New Mountain and its Affiliates may serve as Directors, officers or agents of the Company and (ii) New Mountain and its Affiliates may now engage and may continue to engage in the same or similar
activities or related lines of business as those in which the Company, directly or indirectly, may engage and/or other business activities that overlap with or compete with those in which the Company, directly or indirectly, may engage, the
provisions of this Article III are set forth to regulate and define the conduct of certain affairs of the Company with respect to certain classes or categories of business opportunities as they may involve any of New Mountain or its Affiliates and
the powers, rights, duties and liabilities of the Company and its Directors, officers and stockholders in connection therewith, subject to the provisions set out in this Agreement. 

(b)    None of New Mountain or any of its Affiliates (collectively, the Persons being referred to as “Identified
Persons” and, individually, as an “Identified Person”) shall, to the fullest extent permitted by law, have any duty to refrain from directly or indirectly (i) engaging in the same or similar business activities or
lines of business in which the Company or any of its Affiliates now engages or proposes to engage or (ii) otherwise competing with the Company or any of its Affiliates, and, to the fullest extent permitted by law, no Identified Person shall be
liable to the Company or its stockholders or to any Affiliate of the Company for breach of any fiduciary duty solely by reason of the fact that such Identified Person engages in any such activities. To the fullest extent permitted by law, the
Company hereby renounces any interest or expectancy in, or right to be offered an opportunity to participate in, any business opportunity which may be a corporate opportunity for an Identified Person and the Company or any of its Affiliates, except
as provided in Section 3.2(d). Subject to Section 3.2(d), in the event that any Identified Person acquires knowledge of a potential transaction or other matter or business opportunity which may be
a corporate opportunity for itself, herself or himself and the Company or any of its Affiliates, such Identified Person shall, to the fullest extent permitted by law, have no fiduciary duty or other duty (contractual or otherwise) to communicate,
present or offer such transaction or other business opportunity to the Company or any of its Affiliates and, to the fullest extent permitted by law, shall not be liable to the Company or its stockholders or to any Affiliate of the Company for breach
of any fiduciary duty or other duty (contractual or otherwise) as a stockholder, director or officer of the Company solely by reason of the fact that such Identified Person pursues or acquires such corporate opportunity for itself, herself or
himself, offers or directs such corporate opportunity to another Person, or does not present such corporate opportunity to the Company or any of its Affiliates. 

(c)    Subject to Section 3.2(d), the Company and its Affiliates (excluding the Identified
Persons) do not have any rights in and to the business ventures of any Identified Person, or the income or profits derived therefrom, and the Company agrees that each of the Identified Persons may do business with any potential or actual customer or
supplier of the Company or may employ or otherwise engage any officer or employee of the Company. 

  
 7 

 (d)    The Company does not renounce its interest in any corporate
opportunity offered to any New Mountain Director, and the provisions of Section 3.2(b) shall not apply to any such corporate opportunity, to the extent that such opportunity is expressly offered to such person solely in his
or her capacity as a director of the Company. 
 (e)    In addition to and notwithstanding the foregoing provisions of
this Section 3.2, a corporate opportunity shall not be deemed to be a potential corporate opportunity for the Company if it is a business opportunity that (i) the Company is neither financially or legally able, nor
contractually permitted to undertake, (ii) from its nature, is not in the line of the Company’s business or is of no practical advantage to the Company or (iii) is one in which the Company has no interest or reasonable expectancy.

 ARTICLE IV 

GENERAL 

Section 4.1    Assignment. The rights and obligations hereunder shall not be assignable without the prior
written consent of the other parties hereto; provided, however, New Mountain, without the consent of any other party, may assign, in whole or in part, any of its rights hereunder to an Affiliate. Any attempted assignment of rights or
obligations in violation of this Section 4.1 shall be null and void. 

Section 4.2    Term and Effectiveness. 

(a)    This Agreement shall become effective on the IPO Date. 

(b)    Notwithstanding anything contained herein to the contrary, this Article IV shall survive
any termination of any provisions of this Agreement. 
 (c)    The termination of any provision of this Agreement shall
not relieve any party from any liability for the breach of its obligations under this Agreement prior to such termination. 

Section 4.3    Severability. If any term or other provision of this Agreement is held to be invalid, illegal
or incapable of being enforced by any rule of law, or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions is not
affected in any manner materially adverse to any party. Upon a determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to
effect the original intent of the parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the fullest extent possible. 

Section 4.4    Entire Agreement; Amendment. 

(a)    This Agreement sets forth the entire understanding and agreement between the parties with respect to the subject
matter hereof and supersedes all prior agreements and understandings, both oral and written, between the parties with respect to the subject matter of this Agreement. This Agreement or any provision thereof may only be amended or modified, in whole
or in part, at any time by an instrument in writing signed by all Parties. 

  
 8 

 (b)    No waiver of any breach of any of the terms of this Agreement
shall be effective unless such waiver is expressly made in writing and executed and delivered by the party against whom such waiver is claimed. The waiver by any party hereto of a breach of any provision of this Agreement shall not operate or be
construed as a further or continuing waiver of such breach or as a waiver of any other or subsequent breach. Except as otherwise expressly provided herein, no failure on the part of any party to exercise, and no delay in exercising, any right, power
or remedy hereunder, or otherwise available in respect hereof at law or in equity, shall operate as a waiver thereof, nor shall any single or partial exercise of such right, power or remedy by such party preclude any other or further exercise
thereof or the exercise of any other right, power or remedy. 
 (c)    No waiver of a right under this Agreement shall
be effective unless such waiver is expressly made in writing and executed and delivered by the party against whom such waiver is claimed. The waiver of a right under this Agreement in a specified instance or in specified circumstances shall not
operate or be construed as a waiver of such right in other instances or circumstances. 

Section 4.5    Counterparts. This Agreement may be executed in one or more counterparts, and by the different
parties hereto in separate counterparts, each of which when executed shall be deemed to be an original but all of which taken together shall constitute one and the same agreement. 

Section 4.6    Governing Law. This Agreement shall be governed by and construed in accordance with the laws of
the State of Delaware, without regard to principles of conflicts of law rules of such State that would result in the application of the laws of a jurisdiction other than the State of Delaware. 

Section 4.7    Waiver of Jury Trial; Consent to Jurisdiction. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY
WAIVES TO THE FULLEST EXTENT PERMITTED BY LAW ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. Each party hereby irrevocably submits to the
exclusive jurisdiction of the state or federal courts located in the State of Delaware for the purpose of adjudicating any dispute arising hereunder. Each party hereby irrevocably and unconditionally waives and agrees not to plead or claim in any
such court any objection to such jurisdiction, whether on the grounds of hardship, inconvenient forum or otherwise. Each party further agrees that service of any process, summons, notice or document by U.S. registered mail to such party’s
respective address set forth in Section 4.9 shall be effective service of process for any action, suit or proceeding with respect to any matters to which it has submitted to jurisdiction in this
Section 4.7. 
 Section 4.8    Specific Enforcement. The parties hereto
acknowledge that the remedies at law of the other parties for a breach or threatened breach of this Agreement would be inadequate and, in recognition of this fact, any party to this Agreement, without posting any bond,

  
 9 

 
and in addition to all other remedies that may be available, shall be entitled to pursue equitable relief in the form of specific performance, a temporary restraining order, a temporary or
permanent injunction or any other equitable remedy that may then be available. 
 Section 4.9    Notices.
All notices, requests and other communications to any party hereunder shall be in writing (including facsimile transmission and electronic mail (“e-mail”) transmission, so long as a receipt of such e-mail is requested and received by non-automated response). All such notices, requests and other communications shall be delivered in person or sent by facsimile, e-mail or nationally recognized overnight courier and shall be deemed received on the date of receipt by the recipient thereof if received prior to 5:00 p.m. on a Business Day in the place of receipt. Otherwise, any
such notice, request or communication shall be deemed to have been received on the next succeeding Business Day in the place of receipt. All such notices, requests and other communications to any party hereunder shall be given to such party as
follows: 
 If to New Mountain, addressed to it at: 

New Mountain Capital L.L.C. 
 787
Seventh Avenue, #49 New York, 
 New York 10019 

Attention: Matthew Holt; Andre Moura 

Email: mholt@newmountaincapital.com; amoura@newmountaincapital.com 

If to the Company, addressed to it at: 

c/o Avantor, Inc. 
 Radnor
Corporate Center 
 Building One, Suite 200 

100 Matsonford Road 
 Radnor, PA
19087 
 Attention: General Counsel 

Email: generalcounsel@avantorsciences.com 

or to such other address or to such other Person as any party shall have last designated by such notice to the other parties. 

Section 4.10    Binding Effect; Third Party Beneficiaries. The provisions of this Agreement shall be binding
upon and shall inure to the benefit of the parties hereto and their respective permitted successors and assigns. Except as provided in Section 4.13, no provision of this Agreement is intended to confer any rights, benefits,
remedies, obligations or liabilities hereunder upon any Person other than the parties hereto and their respective permitted successors and assigns. 

Section 4.11    Further Assurances. The parties hereto will sign such further documents, cause such meetings
to be held, resolutions passed, exercise their votes and do and perform and cause to be done such further acts and things necessary, proper or advisable in order to give full effect to this Agreement and every provision hereof. 

  
 10 

 Section 4.12    Table of Contents, Headings and Captions.
The table of contents, headings, subheadings and captions contained in this Agreement are included for convenience of reference only, and in no way define, limit or describe the scope of this Agreement or the intent of any provision hereof. 

Section 4.13    No Recourse. This Agreement may only be enforced against, and any claims or cause of action
that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the entities that are expressly identified as parties hereto and no past, present or future
Affiliate, director, officer, employee, incorporator, member, manager, partner, stockholder, controlling person, fiduciary, agent, attorney or representative of any party hereto, or any past, present or future Affiliate, director, officer, employee,
incorporator, member, manager, partner, stockholder, controlling person, fiduciary, agent, attorney or representative of any of the foregoing shall have any liability for any obligations or liabilities of the parties to this Agreement or for any
claim based on, in respect of, or by reason of, the transactions contemplated hereby. 
 [Remainder of page intentionally left blank] 

  
 11 

 IN WITNESS WHEREOF, each of the parties hereto has caused this Investor Rights
Agreement to be executed by its duly authorized officers as of the day and year first above written. 
  

			
	AVANTOR, INC.

 
			
		
	By:	 	  

 
			
	Name:	 	
	Title:	 	
	
	NEW MOUNTAIN PARTNERS III, L.P.
	
	 By: NEW MOUNTAIN INVESTMENTS III,

L.L.C., Its General Partner

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 [Signature Page to
Investor Rights Agreement] 

 Exhibit I 

Company Charter 
 (see
Exhibit 3.1 to Amendment No. [    ] to Form S-1 filed herewith) 

 Exhibit II 

Company Bylaws 
 (see
Exhibit 3.2 to Amendment No. [    ] to Form S-1 filed herewith)

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