Document:

EXHIBIT 10.10

 

WL Ross Holding Corp.

c/o WL Ross & Co. LLC

1166 Avenue of the Americas

New York, NY 10036

 

June 5, 2014

WL Ross Sponsor LLC

c/o WL Ross & Co. LLC

1166 Avenue of the Americas

New York, NY 10036

 

              Re:
Administrative Services Agreement

 

Gentlemen:

 

This letter will confirm our agreement that,
commencing on the date the securities of WL Ross Holding Corp. (the “Company”) are first listed on the Nasdaq
Capital Market (the “Listing Date”), pursuant to a Registration Statement on Form S-1 and prospectus filed with
the Securities and Exchange Commission (the “Registration Statement”) and continuing until the earlier of the
consummation by the Company of an initial business combination or the Company’s liquidation (in each case as described in
the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”), WL Ross Sponsor
LLC (the “Sponsor”), shall make available to the Company, at 1166 Avenue of the Americas, New York, NY 10036
(or any successor location), certain office space, utilities, and general office, receptionist and secretarial support as may be
reasonably required by the Company.  In exchange therefor, the Company shall pay WL Ross & Co. LLC, an affiliate
of the Sponsor, the sum of $10,000 per month on the Listing Date and continuing monthly thereafter and will be entitled to be reimbursed
for any out-of-pocket expenses until the Termination Date.

 

The Sponsor hereby irrevocably waives any
and all right, title, interest, causes of action and claims of any kind (each, a “Claim”) in or to, and any
and all right to seek payment of any amounts due to it out of, the trust account established for the benefit of the public shareholders
of the Company and into which substantially all of the proceeds of the Company’s initial public offering will be deposited
(the “Trust Account”), and hereby irrevocably waives any Claim it may have in the future as a result of, or
arising out of, this agreement, which Claim would reduce, encumber or otherwise adversely affect the Trust Account or any monies
or other assets in the Trust Account, and further agrees not to seek recourse, reimbursement, payment or satisfaction of any Claim
against the Trust Account or any monies or other assets in the Trust Account for any reason whatsoever.

 

This letter agreement constitutes the entire
agreement and understanding of the parties hereto in respect of its subject matter and supersedes all prior understandings, agreements,
or representations by or among the parties hereto, written or oral, to the extent they relate in any way to the subject matter
hereof or the transactions contemplated hereby.

     

This letter agreement may not be amended,
modified or waived as to any particular provision, except by a written instrument executed by all parties hereto.

     

No party hereto may assign either this letter
agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other party. Any
purported assignment in violation of this paragraph shall be void and ineffectual and shall not operate to transfer or assign any
interest or title to the purported assignee.

     

This letter agreement, the entire relationship
of the parties hereto, and any litigation between the parties (whether grounded in contract, tort, statute, law or equity) shall
be governed by, construed in accordance with, and interpreted pursuant to the laws of the State of New York, without giving effect
to its choice of laws principles.

 

[Signature page follows]

 

    	 

    	 

    

    

	 	Very truly yours,
	 	 
	 	WL ROSS HOLDING CORP.
	 	 	 
	 	By:	 /s/ Wilbur L. Ross, Jr.
	 	 	Name: Wilbur L. Ross, Jr.
	 	 	
        Title: Chairman and

        Chief Executive Officer

 

AGREED TO AND ACCEPTED BY:

 

WL ROSS SPONSOR LLC

 

	By:  	 /s/ Wilbur L. Ross, Jr.	 
	 	Name: Wilbur L. Ross, Jr.	 
	 	Title:   Manager	 

 

[Signature Page to Administrative Services
Agreement]EXHIBIT 10.11

 

CONTRIBUTION AGREEMENT

 

CONTRIBUTION AGREEMENT (this “Agreement”),
dated as of June 5, 2014, is made and entered into by and among WL Ross Sponsor LLC, a Delaware limited liability company (“Transferor”),
and WL Ross Holding Corp., a Delaware corporation (“Transferee”).

 

RECITALS

 

WHEREAS, Transferor is the beneficial owner
and record holders of 1,868,750 shares of common stock, par value $0.0001 per share, of the Transferee (the “Shares”);
and

 

WHEREAS, Transferor desires to transfer, assign
and deliver to Transferee, as a contribution to the capital of Transferee, all of Transferor’s right, title and interest
in and to the Shares (the “Contribution”), and Transferee desires to accept the Contribution; and

 

WHEREAS, the parties hereto desire that the
Contribution shall only become effective immediately prior to the pricing of the Transferee’s initial public offering (the
“Effective Time”) and related to the registration statement on Form S-1 filed by the Transferee on May 9, 2014
with the U.S. Securities and Exchange Commission.

 

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

 

1.                 
Contribution of the Shares. Upon the terms of this Agreement and effective as of the Effective Time, Transferor hereby transfers,
assigns and delivers to Transferee, as a contribution to the capital of Transferee, all of Transferor’s right, title and
interest in and to the Shares without consideration therefor. The transfer, assignment and delivery of the Shares pursuant to this
Agreement shall be reflected in the books and records of Transferee as of the Effective Time.

 

2.                 
Acceptance. Effective as of the Effective Time, Transferee does hereby accept the Contribution of the Shares and also hereby
agrees that, immediately upon receipt of such Shares, the Transferee shall cancel such Shares and return them to authorized but
unissued status in its corporate books and records.

 

3.                 
Counterparts. This Agreement may be executed in one or more counterparts (including by email or facsimile), each of which
shall be deemed an original, but all of which together shall constitute one and the same instrument.

 

4.                 
Further Assurances. Each of the parties hereto shall use its reasonable best efforts to do all things necessary or advisable
to make effective the transactions contemplated hereby and shall cooperate and take such action as may be reasonably requested
by the other party in order to carry out fully the provisions and purposes of this Agreement and the transactions contemplated
hereby.

 

5.                 
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 laws thereof.

 

[SIGNATURE PAGE FOLLOWS]

 

    	 

    	 

    

 

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

 

	 	WL ROSS SPONSOR LLC
	 	 	 
	 	By:	/s/ Wilbur L. Ross, Jr.
	 	 	Name: Wilbur L. Ross, Jr.
	 	 	Its: Authorized Signatory
	 	 	 
	 	WL ROSS HOLDING CORP.
	 	 	 
	 	By:	/s/ Wilbur L. Ross, Jr.
	 	 	Name: Wilbur L. Ross, Jr.
	 	 	Its: Chairman and Chief Executive Officer

 

[Signature page to Contribution Agreement]SERIES A WARRANT AMENDMENT AGREEMENT

 

This SERIES A WARRANT
AMENDMENT AGREEMENT (this “Amendment”), dated as of June 13, 2014, by and among Senesco Technologies, Inc.,
a Delaware corporation (the “Company”), and the investors listed on the signature pages attached hereto (the
“Holders”).

 

WHEREAS, on
December 16, 2013, the Company issued to the Holders those certain Common Stock Purchase Warrants to purchase shares of the Company’s
common stock, par value $0.01 per share (the “Common Stock”), with an exercise price of $3.00 per share and
a term of six months (the “Series A Warrants”);

 

WHEREAS, pursuant
to Section 5(l) of the Series A Warrants, the Series A Warrants may be amended only with the written consent of the Company and
the Holders holding at least 51% in interest of the Series A Warrants outstanding at the time; and

 

WHEREAS, to
induce the exercise of the Series A Warrants, the Company and the Holders now desire to amend the Series A Warrants to, among other
things, extend the term of the Series A Warrants, remove the cashless exercise provision and allow each holder of Series A Warrants
to determine whether to waive certain provisions of the Series A Warrant.

 

NOW, THEREFORE,
in consideration of the premises and mutual covenants herein below, and for other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the parties agree as follows:

 

1.                 
Definition of “Termination Date”. Effective upon the Effective Date, the definition of the term “Termination
Date” shall be revised to now mean December 16, 2014.

 

2.                 
Section 2(a) of the Series A Warrant. Effective upon the Effective Date, the second sentence of Section 2(a) of each
Series A Warrant is hereby amended and restated in its entirety to read as follows:

 

“Within
three (3) Trading Days following the date of exercise as aforesaid, the Holder shall deliver the aggregate Exercise Price for the
shares specified in the applicable Notice of Exercise by wire transfer or cashier’s check drawn on a United States bank.”

 

3.                 
Section 2(c) of the Series A Warrant. Effective upon the Effective Date, Section 2(c) of each Series A Warrant is
hereby amended and restated in its entirety to read as follows:

 

“c)“VWAP”
means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed
or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for the thirty (30) trading days (or
the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P.
(based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b)  if the OTC Bulletin Board
is not a Trading Market, the volume weighted average price of the Common Stock for the thirty (30) trading days (or the nearest
preceding date) on the OTC Bulletin Board, OTC Markets or the “Pink Sheets” published by Pink OTC Markets, Inc., or
(c) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected
in good faith by the Holders of a majority in interest of the Securities then outstanding and reasonably acceptable to the Company,
the fees and expenses of which shall be paid by the Company.”

 

    	 

    	 

    

4.                 
Section 2(d)(i) of the Series A Warrant. Effective upon the Effective Date, the first two sentences of Section 2(d)(i)
of each Series A Warrant are hereby amended and restated in their entirety to read as follows:

 

“The
Company shall use best efforts to cause the Warrant Shares purchased hereunder to be transmitted by the Transfer Agent to the Holder
by crediting the account of the Holder’s prime broker with The Depository Trust Company through its Deposit or Withdrawal
at Custodian system (“DWAC”) if the Company is then a participant in such system and there is an effective registration
statement permitting the issuance of the Warrant Shares to or resale of the Warrant Shares by Holder, and otherwise by physical
delivery to the address specified by the Holder in the Notice of Exercise by the date that is one (1) Trading Day after the delivery
to the Company of the Notice of Exercise (such date, the “Warrant Share Delivery Date”). The Warrant Shares shall be
deemed to have been issued, and Holder or any other person so designated to be named therein shall be deemed to have become a holder
of record of such shares for all purposes, as of the date the Warrant has been exercised, with payment to the Company of the Exercise
Price and all taxes required to be paid by the Holder, if any, pursuant to Section 2(d)(vi) prior to the issuance of such shares,
having been paid.”

 

5.                 
Section 2(e) of the Series A Warrant. Effective upon the Effective Date, Section 2(e) of each Series A Warrant is
hereby amended to insert the following sentence at the end of the section:

 

“Notwithstanding
anything to the contrary, the limitations contained in this paragraph shall not apply to any Holder that, at the time of the requested
exercise of this Warrant, certifies to the Company that he, she or it was, immediately prior to such request, required to report
his, her or its holdings and transactions relating to securities of the Company pursuant to Section 16 of the Exchange Act.”

 

6.                 
Section 5(f) of the Series A Warrant. Effective upon the Effective Date, Section 5(f) of each Series A Warrant is
hereby amended and restated in its entirety to read as follows:

 

“f)Restrictions.
The Holder acknowledges that the Warrant Shares acquired upon the exercise of this Warrant, if not registered, will have restrictions
upon resale imposed by state and federal securities laws.”

 

7.                 
Notice of Exercise. Effective upon the Effective Date, the Notice of Exercise of each Series A Warrant is hereby
amended and restated in its entirety to read as set forth on Exhibit A attached hereto.

 

8.                 
Effective Date. This Amendment shall become effective upon execution by the Company and Holders holding at least
51% in interest of the Series A Warrants outstanding at the time (referred to herein as the “Effective Date”).

 

    	 

    	 

    

9.                 
Except as specifically amended herein, all terms and conditions contained in the Series A Warrants shall remain in full
force and effect. To the extent there is any conflict between the Series A Warrants and this Amendment, the terms of this Amendment
shall prevail.

 

10.             
This Amendment shall be enforced, governed and construed in all respects in accordance with the laws of the State of New
York and shall be binding upon the Holders, the Holders’ heirs, estate, legal representatives, successors and assigns and
shall inure to the benefit of the Company, its successors and assigns.

 

11.             
This Amendment may be executed in any number of counterparts, each of which shall be deemed to be an original and all of
which together shall be deemed to be one and the same instrument, and may be executed by facsimile signatures.

 

* * * * * * *

 

 

 

    	 

    	 

    

 

IN WITNESS WHEREOF,
this Amendment has been duly executed by the parties hereto as of the date first written above.

 

 

SENESCO TECHNOLOGIES, INC.

 

 

By:____________________________

Name:

Title:

 

 

HOLDER:

 

_______________________________

 

 

 

By:____________________________

Name:

Title:

 

 

 

 

 

 

[Signature
Page to the Series A Warrant Amendment Agreement]

 

    	 

    	 

    

 

EXHIBIT A

 

NOTICE OF EXERCISE

 

To:Senesco
Technologies, Inc. 

 

(1)  
The undersigned hereby elects to purchase ________ Warrant Shares of the Company pursuant to the terms of the attached Warrant
(only if exercised in full), and tenders herewith payment of the exercise price in full, together with all applicable transfer
taxes, if any.

 

(2)  
Payment shall take the form of lawful money of the United States; or

 

(3)  
Please issue said Warrant Shares in the name of the undersigned or in such other name as is specified below:

 

_______________________________

 

 

The Warrant Shares shall be delivered to
the following DWAC Account Number or by physical delivery of a certificate or DRS statement to:

 

_______________________________

 

_______________________________

 

_______________________________

 

 

[SIGNATURE
OF HOLDER]

 

Name of Investing Entity: _______________________________________________________________________

Signature of Authorized Signatory of
Investing Entity: _________________________________________________

Name of Authorized Signatory: ___________________________________________________________________

Title of Authorized Signatory: ____________________________________________________________________

Date: _______________________________________________________________________________________

 

 

 

 

[Notice
of Exercise of Series A Warrant, As Amended]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00232-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00232-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00232-of-00352.parquet"}]]