Document:

Exhibit 10.13

 

Final Form

 

TAX RECEIVABLE AGREEMENT

 

among

 

SNAP ONE HOLDINGS CORP. 

 

and

 

THE PERSONS NAMED HEREIN

 

Dated as of [●], 2021

 

     

     

    

 

TABLE OF
CONTENTS

 

Page

 

	ARTICLE I DEFINITIONS
	  1
	 	 	 
	Section 1.1.	Definitions	1
	 	 	 
	ARTICLE II DETERMINATION
    OF CERTAIN REALIZED TAX BENEFIT
	  8
	 	 	 
	Section 2.1.	Tax Benefit Schedule	8
	 	 	 
	Section 2.2.	Procedures, Amendments	9
	 	 	 
	ARTICLE III TAX BENEFIT
    PAYMENTS
	10
	 	 	 
	Section 3.1.	Payments	10
	 	 	 
	Section 3.2.	No Duplicative Payments	10
	 	 	 
	Section 3.3.	Pro Rata Payments	11
	 	 	 
	Section 3.4.	Forfeited Escrow Funds Payments	11
	 	 	 
	ARTICLE IV TERMINATION
	11
	 	 	 
	Section 4.1.	Early Termination of Agreement; Breach of Agreement	11
	 	 	 
	Section 4.2.	Early Termination Notice	13
	 	 	 
	Section 4.3.	Payment upon Early Termination	13
	 	 	 
	Section 4.4.	Termination	14
	 	 	 
	Section 4.5.	Effectiveness	14
	 	 	 
	ARTICLE V SUBORDINATION AND LATE PAYMENTS	  14
	 	 	 
	Section 5.1.	Subordination	14
	 	 	 
	Section 5.2.	Late Payments by the Corporate Taxpayer	14
	 	 	 
	ARTICLE VI NO DISPUTES;
    CONSISTENCY; COOPERATION
	 15
	 	 	 
	Section 6.1.	Participation in the Corporate Taxpayer’s Tax Matters	15
	 	 	 
	Section 6.2.	Consistency	15
	 	 	 
	Section 6.3.	Cooperation	15
	 	 	 
	ARTICLE VII MISCELLANEOUS
	 16
	 	 	 
	Section 7.1.	Notices	16
	 	 	 
	Section 7.2.	Counterparts	16
	 	 	 
	Section 7.3.	Entire Agreement; Third Party Beneficiaries	16
	 	 	 
	Section 7.4.	Governing Law	16
	 	 	 
	Section 7.5.	Severability	16
	 	 	 
	Section 7.6.	Successors; Assignment; Amendments; Waivers	17
	 	 	 
	Section 7.7.	Titles and Subtitles	18

 

    i

     

    

 

	Section 7.8.	Resolution of Disputes	18
	 	 	 
	Section 7.9.	Reconciliation	19
	 	 	 
	Section 7.10.	Withholding	20
	 	 	 
	Section 7.11.	Admission of the Corporate Taxpayer into a Consolidated Group; Transfers of Corporate Assets	20
	 	 	 
	Section 7.12.	Confidentiality	21
	 	 	 
	Section 7.13.	TRA Party Representative	21

 

    ii

     

    

 

TAX RECEIVABLE AGREEMENT

 

This TAX RECEIVABLE AGREEMENT (this “Agreement”),
is dated as of [●], 2021, and is among Snap One Holdings Corp., a Delaware corporation (including any successor corporation, the
 “Corporate Taxpayer”), Crackle Holdings, L.P., a Delaware limited partnership (the “Initial TRA
Party”), and each of the other persons from time to time that become a party hereto (each, excluding the Corporate Taxpayer,
a “TRA Party” and together the “TRA Parties”).

 

RECITALS

 

WHEREAS,
the income, gain, loss, expense and other Tax (as defined below) items of the Corporate Taxpayer may be affected by the Tax Benefits (as
defined below);

 

WHEREAS,
in connection with an initial public offering of the Corporate Taxpayer, the parties to this Agreement desire to make certain arrangements
with respect to the Tax Benefits and their effect on the Tax liability of Corporate Taxpayer;

 

WHEREAS,
following the execution of this Agreement, but prior to the IPO (as defined below), the Initial TRA Party will liquidate in accordance
with the terms of its limited partnership agreement and will distribute its rights under this Agreement to certain of its partners (the
 “Initial TRA Party Distribution”), whereupon each such partner will become a TRA Party as an assignee;

 

WHEREAS,
following the Initial TRA Party Distribution, the Corporate Taxpayer intends to consummate the IPO.

 

NOW,
THEREFORE, in consideration of the foregoing and the respective covenants and agreements set forth herein, and intending to
be legally bound hereby, the parties hereto agree as follows:

 

ARTICLE
I

DEFINITIONS

 

Section
1.1.         Definitions.
As used in this Agreement, the terms set forth in this Article I shall have the following meanings (such meanings to be equally applicable
to both the singular and plural forms of the terms defined).

 

“Actual Tax Liability”
means, with respect to any Taxable Year, the sum of (i) the actual liability for U.S. federal income Taxes of the Corporate Taxpayer
as reported on the Corporate Taxpayer Return and (ii) the product of the U.S. federal taxable income of the Corporate Taxpayer determined
in connection with clause (i) of this sentence and five percent (5%).

 

     

     

    

 

“Affiliate”
means, with respect to any Person, any other Person that directly or indirectly, through one or more intermediaries, Controls,
is Controlled by, or is under common Control with, such first Person.

 

“Agreed
Rate” means a per annum rate of LIBOR plus 100 basis points.

 

“Agreement” is defined
in the Preamble to this Agreement.

 

“Amended
Schedule” is defined in Section 2.2(b) of this Agreement.

 

“Applicable Percentage”
means, in respect of any TRA Party, the percentage set forth opposite such TRA Party’s name on Schedule I hereto, as the same may
be updated from time to time in accordance with Section 7.6(a). Immediately following the Initial TRA Party Distribution, Schedule I shall
be updated such that the Applicable Percentage of each TRA Party will be a fraction expressed as a percentage equal to (x) the amount
of Common Stock directly held by such TRA Party immediately after the Initial TRA Party Distribution divided by (y) the sum of the amount
of Common Stock directly held by all TRA Parties immediately after the Initial TRA Party Distribution.

 

A “Beneficial Owner” of
a security is a Person who directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, has or
shares: (i) voting power, which includes the power to vote, or to direct the voting of, such security; and/or (ii) investment power,
which includes the power to dispose of, or to direct the disposition of, such security. The terms “Beneficially Own”
and “Beneficial Ownership” shall have correlative meanings.

 

“Board” means the Board
of Directors of the Corporate Taxpayer.

 

“Business Day” means Monday
through Friday of each week, except that a legal holiday recognized as such by the government of the United States of America or the State
of New York shall not be regarded as a Business Day.

 

“Change of Control” means
the occurrence of any of the following events:

 

		(i)	any Person or any group of Persons acting together that would constitute a “group” for purposes of Section 13(d) of the
Securities Exchange Act of 1934, as amended, or any successor provisions thereto (excluding (a) a corporation or other entity owned, directly
or indirectly, by the stockholders of the Corporate Taxpayer in substantially the same proportions as their ownership of stock of the
Corporate Taxpayer or (b) an H&F Party, any “group” for purposes of Section 13(d) of the Securities Exchange Act
of 1934, as amended (or any successor provisions thereto) that includes an H&F Party or Permitted Transferees or any Person more than
50% of the combined voting power of then outstanding voting securities of which are owned by an H&F Party or Permitted Transferees
or any such “group”) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Corporate Taxpayer representing
more than 50% of the combined voting power of the Corporate Taxpayer’s then outstanding voting securities; or

 

    2

     

    

 

		(ii)	the following individuals cease for any reason to constitute a majority of the number of directors of the Corporate Taxpayer then
serving: individuals who, on the IPO Date, constitute the Board and any new director whose appointment or election by the Board or nomination
for election by the Corporate Taxpayer’s stockholders was approved or recommended by a vote of at least two-thirds (2/3) of the
directors then still in office who either were directors on the IPO Date or whose appointment, election or nomination for election was
previously so approved or recommended by the directors referred to in this clause (ii); or

 

		(iii)	there is consummated a merger or consolidation of the Corporate Taxpayer with any other corporation or other entity, and, immediately
after the consummation of such merger or consolidation, either (x) the Board immediately prior to the merger or consolidation does not
constitute at least a majority of the board of directors of the company surviving the merger or consolidation or, if the surviving company
is a Subsidiary, the ultimate parent thereof, or (y) the voting securities of the Corporate Taxpayer immediately prior to such merger
or consolidation do not continue to represent or are not converted into more than 50% of the combined voting power of the then outstanding
voting securities of the Person resulting from such merger or consolidation or, if the surviving company is a Subsidiary, the ultimate
parent thereof; or

 

		(iv)	the stockholders of the Corporate Taxpayer approve a plan of complete liquidation or dissolution of the Corporate Taxpayer or there
is consummated an agreement or series of related agreements for the sale, lease or other disposition, directly or indirectly, by the Corporate
Taxpayer of all or substantially all of the Corporate Taxpayer’s assets, other than such sale or other disposition by the Corporate
Taxpayer of all or substantially all of the Corporate Taxpayer’s assets to an entity at least 50% of the combined voting power of
the voting securities of which are owned by stockholders of the Corporate Taxpayer in substantially the same proportions as their ownership
of the Corporate Taxpayer immediately prior to such sale.

 

Notwithstanding the foregoing, except with respect to clause (ii) and
clause (iii)(x) above, a “Change of Control” shall not be deemed to have occurred by virtue of the consummation
of any transaction or series of integrated transactions immediately following which the record holders of the shares of the Corporate
Taxpayer immediately prior to such transaction or series of transactions continue to have substantially the same proportionate ownership
in, and own substantially all of the shares of, an entity which owns, directly or indirectly, all or substantially all of the assets of
the Corporate Taxpayer immediately following such transaction or series of transactions. For purposes of this definition, “Permitted
Transferee” means with respect to any H&F Party, a transferee to whom such Permitted Investor has assigned an interest
in this Agreement in accordance with Section 7.6.

 

    3

     

    

 

“Code” means the United
States Internal Revenue Code of 1986, as amended.

 

“Common Stock” means the
common stock, $0.01 par value per share, of the Corporate Taxpayer.

 

“Control” means the possession,
direct or indirect, of the power to direct or cause the direction of the management and policies of a Person, whether through ownership
of voting securities, by contract or otherwise.

 

“Corporate Taxpayer” is
defined in the Preamble to this Agreement; provided that the term “Corporate Taxpayer” shall include any company that
is a member of any consolidated tax return of which Snap One Holdings Corp. is the common parent, where appropriate.

 

“Corporate Taxpayer Return”
means the U.S. federal income Tax Return of the Corporate Taxpayer filed with respect to Taxes of any Taxable Year.

 

“Cumulative Realized Tax Benefit”
for a Taxable Year means the cumulative amount of Realized Tax Benefits for all Taxable Years of the Corporate Taxpayer, up to and including
such Taxable Year. The Realized Tax Benefit for each Taxable Year shall be determined based on the most recent Tax Benefit Schedules or
Amended Schedules, if any, in existence at the time of such determination; provided, that, for the avoidance of doubt, the computation
of the Cumulative Realized Tax Benefit shall be adjusted to reflect any applicable Determination with respect to any Realized Tax Benefits.

 

“Default Rate” means a
per annum rate of LIBOR plus 500 basis points.

 

“Determination” shall have
the meaning ascribed to such term in Section 1313(a) of the Code or similar provision of state or local Tax law, as applicable, or any
other event (including the execution of IRS Form 870-AD) that finally and conclusively establishes the amount of any liability for Tax.

 

“Dispute” is defined in
Section 7.8(a) of this Agreement.

 

“Early Termination Date”
means the date of an Early Termination Notice for purposes of determining the Early Termination Payment.

 

“Early Termination Effective Date”
means the date on which an Early Termination Schedule becomes binding pursuant to Section 4.2.

 

“Early Termination Notice”
is defined in Section 4.2 of this Agreement.

 

“Early Termination Payment”
is defined in Section 4.3(b) of this Agreement.

 

    4

     

    

 

“Early Termination Rate”
means the lesser of (i) 6.5% per annum, compounded annually, and (ii) LIBOR plus 200 basis points.

 

“Early Termination Schedule”
is defined in Section 4.2 of this Agreement.

 

“Escrow Agreement” means
the Escrow Agreement, dated as of [●], 2021, by and among the Corporate Taxpayer, the TRA Party Representative and Wilmington Trust,
National Association, as escrow agent.

 

“Exchange Agreement” means
each of the Exchange Acknowledgement and Agreements, dated as of [●], 2021, by and among the Corporate Taxpayer, the Initial TRA
Party, Crackle Holdings GP LLC and the respective management unitholders identified on the signature page attached thereto.

 

“Expert” is defined in
Section 7.9 of this Agreement.

 

“Forfeited Escrow Funds”
means Escrow Funds in respect of any Additional Payments (each as defined in the Escrow Agreement) that are forfeited in accordance with
the applicable Exchange Agreement and the Escrow Agreement.

 

“Future TRAs” is defined
in Section 5.1 of this Agreement.

 

“H&F Party” means any
TRA Party that is an Affiliate of Hellman & Friedman Capital Partners VIII, L.P., Hellman & Friedman LLC or any of their respective
Affiliates, investment funds or successors. For the avoidance of doubt, the Initial TRA Party is an H&F Party.

 

“Hypothetical Tax Liability”
means, with respect to any Taxable Year, the sum of (i) the liability for U.S. federal income Taxes of the Corporate Taxpayer using the
same methods, elections, conventions and similar practices used on the relevant Corporate Taxpayer Return and (ii) the product of the
U.S. federal taxable income of the Corporate Taxpayer determined in connection with clause (i) of this sentence and five percent (5%),
but calculated without taking into account the use of Tax Benefits, if any. For the avoidance of doubt, Hypothetical Tax Liability shall
be determined without taking into account the carryover or carryback of any Tax item (or portions thereof) that is attributable to the
Tax Benefits.

 

“Imputed Interest” means
any interest imputed under Section 1272, 1274 or 483 or other provision of the Code and any similar provision of state or local Tax law,
as applicable, with respect to the Corporate Taxpayer’s payment obligations under this Agreement.

 

“Initial TRA Party Distribution”
is defined in the Preamble to this Agreement

 

“Interest Amount” is defined
in Section 3.1(b) of this Agreement.

 

“IPO” means the initial
public offering of Common Stock by the Corporate Taxpayer.

 

“IPO Date” means the closing
date of the IPO.

 

    5

     

    

 

“IPO Date Amortization”
means the amortization deductions with respect to “amortizable section 197 intangibles” as defined in Section 197(c) and (d)
of the Code, and the reduction of taxable income and gain attributable to existing tax basis in any such assets, that is held by the Corporate
Taxpayer or any of its Subsidiaries (including for this purpose any Person that will be a Subsidiary of the Corporate Taxpayer immediately
prior to the IPO Date) immediately prior to the IPO Date. Notwithstanding the foregoing, the term “IPO Date Amortization”
shall not include any Tax attribute that is used to offset Taxes of the Corporate Taxpayer, if such offset Taxes are attributable to taxable
periods (or portions thereof) ending immediately prior to the IPO Date.

 

“IRS” means the United
States Internal Revenue Service.

 

“LIBOR” means during any
period, the rate which appears on the Bloomberg Page BBAM1 (or on such other substitute Bloomberg page that displays rates at which U.S.
dollar deposits are offered by leading banks in the London interbank deposit market or such other commercially available source providing
quotations of such rates as may be designated by the Corporate Taxpayer from time to time), or the rate which is quoted by another source
selected by the Corporate Taxpayer as an authorized information vendor for the purpose of displaying rates at which U.S. dollar deposits
are offered by leading banks in the London interbank deposit market (an “Alternate Source”), at approximately
11:00 a.m., London time, two (2) Business Days prior to the first day of such period as the London interbank offered rate for U.S. dollars
having a borrowing date and a maturity comparable to such period (or if there shall at any time, for any reason, no longer exist a Bloomberg
Page BBAM1 (or any substitute page) or any LIBOR Alternate Source, a comparable replacement rate determined by the Corporate Taxpayer
and the TRA Party Representative at such time, which determination shall be conclusive absent manifest error); provided, that at
no time shall LIBOR be less than 0%. If the Corporate Taxpayer has made the determination (such determination to be conclusive absent
manifest error) that (i) LIBOR is no longer a widely recognized benchmark rate for newly originated loans in the U.S. loan market in U.S.
dollars or (ii) the applicable supervisor or administrator (if any) of LIBOR has made a public statement identifying a specific date after
which LIBOR shall no longer be used for determining interest rates for loans in the U.S. loan market in U.S. dollars, then the Corporate
Taxpayer and the TRA Party Representative shall (as determined by the Corporate Taxpayer and the TRA Party Representative to be consistent
with market practice generally), establish a replacement interest rate (the “Replacement Rate”), in which case,
the Replacement Rate shall, subject to the next two sentences, replace LIBOR for all purposes under this Agreement. In connection with
the establishment and application of the Replacement Rate, this Agreement shall be amended solely with the consent of the Corporate Taxpayer
and the TRA Party Representative, as may be necessary or appropriate, in the reasonable judgment of the Corporate Taxpayer and the TRA
Party Representative, to effect the provisions of this section. The Replacement Rate shall be applied in a manner consistent with market
practice; provided, that in each case, to the extent such market practice is not administratively feasible for the Corporate Taxpayer,
such Replacement Rate shall be applied as otherwise reasonably determined by the Corporate Taxpayer and the TRA Party Representative.

 

“Material Objection Notice”
is defined in Section 4.2 of this Agreement.

 

“Net Tax Benefit” is defined
in Section 3.1(b) of this Agreement.

 

    6

     

    

 

“NOLs” means, without duplication,
the United States federal net operating losses, capital losses, research and development credits, excess Section 163(j) limitation carryforwards
and any United States federal tax attributes subject to carryforward under Section 381 of the Code of the Corporate Taxpayer or its Subsidiaries
relating to taxable periods ending on or before the IPO Date.

 

“Objection Notice” is defined
in Section 2.2(a) of this Agreement.

 

“Person” means any individual,
corporation, firm, partnership, joint venture, limited liability company, estate, trust, business association, organization, governmental
entity or other entity.

 

“Realized Tax Benefit”
means, for a Taxable Year, the excess, if any, of the Hypothetical Tax Liability over the Actual Tax Liability of the Corporate Taxpayer.
If all or a portion of the Actual Tax Liability for the Taxable Year arises as a result of an audit by a Taxing Authority of any Taxable
Year, such liability shall not be included in determining the Realized Tax Benefit unless and until there has been a Determination.

 

“Reconciliation Dispute”
is defined in Section 7.9 of this Agreement.

 

“Reconciliation Procedures”
is defined in Section 2.2(a) of this Agreement.

 

“Schedule” means any of:
(i) a Tax Benefit Schedule or (ii) the Early Termination Schedule.

 

“Senior Obligations” is
defined in Section 5.1 of this Agreement.

 

“Subsidiaries” means, with
respect to any Person, as of any date of determination, any other Person as to which such Person, owns, directly or indirectly, or otherwise
controls more than 50% of the voting power or other similar interests or the sole general partner interest or managing member or similar
interest of such Person.

 

“TRA Party” is defined
in the Preamble to this Agreement.

 

“TRA Party Representative”
means H&F Copper Holdings VIII, L.P., a Delaware Limited Partnership.

 

“Tax
Benefits” means the NOLs, IPO Date Amortization and any tax deductions attributable to (i) payments made under this
Agreement or (ii) Imputed Interest.

 

“Tax Benefit Payment” is
defined in Section 3.1(b) of this Agreement.

 

“Tax Benefit Schedule”
is defined in Section 2.2(a) of this Agreement.

 

“Tax Return” means any
return, declaration, report or similar statement required to be filed with respect to Taxes (including any attached schedules), including,
without limitation, any information return, claim for refund, amended return and declaration of estimated Tax.

 

    7

     

    

 

“Taxable Year” means a
taxable year of the Corporate Taxpayer as defined in Section 441(b) of the Code or comparable section of state or local Tax law, as applicable
(and, therefore, for the avoidance of doubt, may include a period of less than 12 months for which a Tax Return is made), ending on or
after the IPO Date.

 

“Taxes” means any and all
United States federal, state and local taxes, assessments or similar charges that are based on or measured with respect to net income
or profits, and any interest related to such Tax.

 

“Taxing Authority” means
any domestic, federal, national, state, county or municipal or other local government, any subdivision, agency, commission or authority
thereof, or any quasi-governmental body exercising any taxing authority or any other authority exercising Tax regulatory authority.

 

“Treasury Regulations”
means the final, temporary and proposed regulations under the Code promulgated from time to time (including corresponding provisions and
succeeding provisions) as in effect for the relevant taxable period.

 

“Valuation Assumptions”
shall mean, as of an Early Termination Date, the assumptions that in each Taxable Year ending on or after such Early Termination Date,
(1) the Corporate Taxpayer will have taxable income sufficient to fully utilize any Tax Benefit (subject to the assumptions in clause
(2) below) during the Taxable Year (including, for the avoidance of doubt, tax deductions attributable to future payments made under this
Agreement, or Imputed Interest attributable to such future payments, that would be paid in accordance with the Valuation Assumptions)
in which such deductions would become available, (2) any NOLs or loss carryovers generated by deductions arising from any Tax Benefit
that are available as of the date of such Early Termination Date will be used by the Corporate Taxpayer on a pro rata basis from the date
of such Early Termination Date through the earlier of (x) the scheduled expiration date under applicable Tax law of such NOLs or loss
carryovers or (y) the fifth (5th) anniversary of the Early Termination Date, (3) the utilization of the Tax Benefits for such Taxable
Year or future Taxable Years, as applicable, will be determined based on the Tax laws in effect on the Early Termination Date and (4)
the United States federal income tax rates that will be in effect for each such Taxable Year will be those specified for each such Taxable
Year by the Code and other law as in effect on the Early Termination Date.

 

ARTICLE
II

DETERMINATION OF CERTAIN REALIZED TAX BENEFIT

 

Section
2.1.         Tax Benefit Schedule.

 

(a)              
Tax Benefit Schedule. Within ninety (90) calendar days after the filing of the United States federal income tax return of
the Corporate Taxpayer for any Taxable Year in which there is a Realized Tax Benefit, the Corporate Taxpayer shall provide to the TRA
Party Representative a schedule showing, in reasonable detail, the calculation of the Tax Benefit Payments to be made to each TRA Party
for such Taxable Year (a “Tax Benefit Schedule”). Each Tax Benefit Schedule will become final as provided in
Section 2.2(a) and may be amended as provided in Section 2.2(b) (subject to the procedures set forth in Section 2.2(b)).

 

    8

     

    

 

(b)              
Applicable Principles. Subject to Section 3.3(a), the Realized Tax Benefit for each Taxable Year is intended to measure
the decrease in the actual liability for U.S. federal income Taxes, and to approximate the decrease in the actual liability for U.S. state
and local income Taxes, of the Corporate Taxpayer for such Taxable Year attributable to the Tax Benefits, determined using a “with
and without” methodology. Carryovers or carrybacks of any Tax item attributable to the Tax Benefits shall be considered to be subject
to the rules of the Code and the Treasury Regulations, as applicable, governing the use, limitation and expiration of carryovers or carrybacks
of the relevant type. If a carryover or carryback of any Tax item includes a portion that is attributable to the Tax Benefits and another
portion that is not, such portions shall be considered to be used in accordance with the “with and without” methodology.

 

Section
2.2.         Procedures, Amendments.

 

(a)              
Procedure. Every time the Corporate Taxpayer delivers to the TRA Party Representative an applicable Schedule under this
Agreement, including any Amended Schedule delivered pursuant to Section 2.2(b), the Corporate Taxpayer shall also (x) deliver to the TRA
Party Representative supporting schedules and work papers, as determined by the Corporate Taxpayer or as reasonably requested by the TRA
Party Representative, providing reasonable detail regarding data and calculations that were relevant for purposes of preparing the Schedule
and (y) allow the TRA Party Representative reasonable access at no cost to the appropriate representatives at the Corporate Taxpayer,
as determined by the Corporate Taxpayer or as reasonably requested by the TRA Party Representative, in connection with a review of such
Schedule. Without limiting the generality of the preceding sentence, the Corporate Taxpayer shall ensure that any Tax Benefit Schedule
that is delivered to the TRA Party Representative, along with any supporting schedules and work papers, provides a reasonably detailed
presentation of the calculation of the Actual Tax Liability of the Corporate Taxpayer and the Hypothetical Tax Liability, and identifies
any material assumptions or operating procedures or principles that were used for purposes of such calculations. An applicable Schedule
or amendment thereto shall become final and binding on all parties thirty (30) calendar days from the date on which the TRA Party Representative
is treated as having received the applicable Schedule or amendment thereto under Section 7.1 unless the TRA Party Representative (i) within
thirty (30) calendar days from such date provides the Corporate Taxpayer with notice of a material objection to such Schedule (“Objection
Notice”) made in good faith or (ii) provides a written waiver of such right of any Objection Notice within the period
described in clause (i) above, in which case such Schedule or amendment thereto becomes binding on the date the waiver is received by
the Corporate Taxpayer. If the Corporate Taxpayer and the TRA Party Representative, for any reason, are unable to successfully resolve
the issues raised in the Objection Notice within thirty (30) calendar days after receipt by the Corporate Taxpayer of an Objection Notice,
the Corporate Taxpayer and the TRA Party Representative shall employ the reconciliation procedures as described in Section 7.9 of this
Agreement (the “Reconciliation Procedures”). The TRA Party Representative will fairly represent the interests
of each of the TRA Parties and shall use reasonable efforts to timely raise and pursue, in accordance with this Section 2.2(a), any reasonable
objection to a Schedule or amendment thereto timely communicated in writing to the TRA Party Representative by a TRA Party.

 

    9

     

    

 

(b)              
Amended Schedule. The applicable Schedule for any Taxable Year may be amended from time to time by the Corporate Taxpayer
(i) in connection with a Determination affecting such Schedule, (ii) to correct inaccuracies in the Schedule identified as a result of
the receipt of additional factual information relating to a Taxable Year after the date the Schedule was provided to the TRA Party Representative,
(iii) to comply with the Expert’s determination under the Reconciliation Procedures, (iv) to reflect a change in the Realized Tax
Benefit for such Taxable Year attributable to a carryback or carryforward of a loss or other tax item to such Taxable Year, or (v) to
reflect a change in the Realized Tax Benefit for such Taxable Year attributable to an amended Tax Return filed for such Taxable Year (any
such Schedule, an “Amended Schedule”). The Corporate Taxpayer shall provide an Amended Schedule to each TRA
Party within ninety (90) calendar days of the occurrence of an event referenced in clauses (i) through (v) of the preceding sentence.

 

ARTICLE
III

TAX BENEFIT PAYMENTS

 

Section
3.1.         Payments.

 

(a)              
Payments. Within five (5) Business Days after a Tax Benefit Schedule delivered to the TRA Party Representative becomes final
in accordance with Section 2.1(a), the Corporate Taxpayer shall pay to each TRA Party for such Taxable Year the Tax Benefit Payment in
respect of such TRA Party determined pursuant to Section 3.1(b). Each such Tax Benefit Payment shall be made by wire transfer of immediately
available funds to the bank account previously designated by such TRA Party to the Corporate Taxpayer or as otherwise agreed by the Corporate
Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided
by such TRA Party to the Corporate Taxpayer. For the avoidance of doubt, no Tax Benefit Payment shall be made in respect of estimated
Tax payments, including, without limitation, federal estimated income Tax payments.

 

(b)              
A “Tax Benefit Payment” in respect of a TRA Party for a Taxable Year means an amount, not less than zero,
equal to the sum of such TRA Party’s Applicable Percentage of the Net Tax Benefit and the Interest Amount with respect thereto.
For the avoidance of doubt, for Tax purposes, the Interest Amount shall not be treated as interest but instead shall be treated as additional
consideration in the applicable transaction, unless otherwise required by law. The “Net Tax Benefit” for a Taxable
Year shall be an amount equal to the excess, if any, of 85% of the Cumulative Realized Tax Benefit as of the end of such Taxable Year,
over the total amount of payments previously made under Section 3.1(a) (excluding payments attributable to Interest Amounts); provided,
for the avoidance of doubt, that no such recipient shall be required to return any portion of any previously made Tax Benefit Payment.
The “Interest Amount” shall equal the interest on the Net Tax Benefit calculated at the Agreed Rate from the
due date (without extensions) for filing the Corporate Taxpayer Return with respect to Taxes for such Taxable Year until the payment date
under Section 3.1(a).

 

Section
3.2.         No Duplicative Payments.
It is intended that the provisions of this Agreement will not result in duplicative payment of any amount (including interest) required
under this Agreement. The provisions of this Agreement shall be construed in the appropriate manner to ensure such intentions are realized.

 

    10

     

    

 

Section
3.3.         Pro Rata Payments.

 

(a)              
Notwithstanding anything in Section 3.1 to the contrary, to the extent that the aggregate Tax benefit of the Corporate Taxpayer
with respect to the Tax Benefits is limited in a particular Taxable Year because the Corporate Taxpayer does not have sufficient taxable
income, the Net Tax Benefit for the Corporate Taxpayer shall be allocated among all parties eligible for a Tax Benefit Payment under this
Agreement in proportion to the amounts of Net Tax Benefit that would have been allocated to each party if the Corporate Taxpayer had sufficient
taxable income so that there were no such limitation.

 

(b)              
If for any reason the Corporate Taxpayer does not fully satisfy its payment obligations to make all Tax Benefit Payments due under
this Agreement in respect of a particular Taxable Year, then the Corporate Taxpayer and the TRA Parties agree that (i) Tax Benefit Payments
for such Taxable Year shall be allocated to all parties eligible to receive Tax Benefit Payments under this Agreement in such Taxable
Year in proportion to the amounts of Tax Benefit Payments, respectively, that would have been made to each TRA Party if the Corporate
Taxpayer had sufficient cash available to make such Tax Benefit Payments and (ii) prior to making any Tax Benefit Payments in respect
of any Taxable Year, all Tax Benefit Payments to all TRA Parties in respect of all prior Taxable Years shall be made in full; provided,
however, that any payments that were previously held by the Corporate Taxpayer on behalf of a TRA Party and have now become due
and payable pursuant to Section 3.4 shall be made prior to any other Tax Benefit Payments.

 

Section
3.4.         Forfeited Escrow Funds Payments.
Within five (5) Business Days of the end of the quarter following the forfeiture of any Forfeited Escrow Funds pursuant to the
applicable Exchange Agreement and the Escrow Agreement, such funds shall be promptly distributed by the Escrow Agent (as defined in the
Escrow Agreement) to the TRA Parties pro rata (based on their respective Applicable Percentages). Such payments shall be made pursuant
to the terms and conditions set forth in the Escrow Agreement. The Corporate Taxpayer and the TRA Party Representative agree to take such
action as is necessary under the Escrow Agreement or any other agreement to effectuate the foregoing.

 

ARTICLE
IV

TERMINATION

 

Section
4.1.         Early Termination of Agreement; Breach of Agreement.

 

(a)              
The Corporate Taxpayer may terminate this Agreement at any time with respect to all amounts payable to the TRA Parties by paying
to each TRA Party the Early Termination Payment in respect of such TRA Party; provided, however, that this Agreement shall
only terminate upon the receipt of the Early Termination Payment by all of the TRA Parties, and provided, further, that
the Corporate Taxpayer may withdraw any notice to execute its termination rights under this Section 4.1(a) prior to the time at which
any Early Termination Payment has been paid. Upon payment of the Early Termination Payment in respect of each TRA Party by the Corporate
Taxpayer, the Corporate Taxpayer shall have no further payment obligations under this Agreement, other than for any (i) Tax Benefit Payment
due and payable and that remains unpaid as of the date the Early Termination Notice is delivered and (ii) Tax Benefit Payment due for
the Taxable Year ending with or including the date of the Early Termination Notice (except to the extent that the amount described in
this clause (ii) is included in the Early Termination Payment).

 

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(b)              
In the event that (1) the Corporate Taxpayer breaches any of its material obligations under this Agreement, whether as a result
of failure to make any payment when due, failure to honor any other material obligation required hereunder, or by operation of law as
a result of the rejection of this Agreement in a case commenced under the Bankruptcy Code or otherwise or (2) (A) the Corporate Taxpayer
shall commence any case, proceeding or other action (i) under any existing or future law of any jurisdiction, domestic or foreign, relating
to bankruptcy, insolvency, reorganization or relief of debtors, seeking to have an order for relief entered with respect to it, or seeking
to adjudicate it a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, winding-up, liquidation, dissolution, composition
or other relief with respect to it or its debts or (ii) seeking an appointment of a receiver, trustee, custodian, conservator or other
similar official for it or for all or any substantial part of its assets, or it shall make a general assignment for the benefit of creditors
or (B) there shall be commenced against the Corporate Taxpayer any case, proceeding or other action of the nature referred to in clause
(A) above that remains undismissed or undischarged for a period of sixty (60) calendar days, all obligations hereunder shall be automatically
accelerated and shall be immediately due and payable, and such obligations shall be calculated as if an Early Termination Notice had been
delivered on the date of such event and shall include, but not be limited to, (x) the Early Termination Payments calculated as if an Early
Termination Notice had been delivered on such date, (y) any Tax Benefit Payment due and payable and that remains unpaid as of such date
and (z) any Tax Benefit Payment due for the Taxable Year ending with or including such date; provided that procedures similar to
the procedures of Section 4.2 and 4.3 shall apply with respect to the determination of the amount payable by the Corporate Taxpayer pursuant
to this sentence mutatis mutandis. Notwithstanding the foregoing, (other than as set forth in subsection (2) above), in the event
that the Corporate Taxpayer breaches this Agreement, each TRA Party shall be entitled to elect to receive the amounts set forth in clauses
(x), (y) and (z) above or to seek specific performance of the terms hereof. The parties agree that the failure to make any payment due
pursuant to this Agreement within three (3) months of the date such payment is due shall be deemed to be a breach of a material obligation
under this Agreement for all purposes of this Agreement, and that it will not be considered to be a breach of a material obligation under
this Agreement to make a payment due pursuant to this Agreement within three months of the date such payment is due. Notwithstanding anything
in this Agreement to the contrary, it shall not be a breach of a material obligation of this Agreement if the Corporate Taxpayer fails
to make any Tax Benefit Payment when due to the extent that the Corporate Taxpayer has insufficient funds to make such payment; provided
that the interest provisions of Section 5.2 shall apply to such late payment (unless the Corporate Taxpayer does not have sufficient cash
to make such payment as a result of limitations imposed by any Senior Obligations, in which case Section 5.2 shall apply, but the Default
Rate shall be replaced by the Agreed Rate).

 

    12

     

    

 

 

(c)              
In the event of a Change of Control, then all obligations hereunder shall be automatically accelerated and shall be immediately
due and payable, and such obligations shall be calculated as if an Early Termination Notice had been delivered on the date of such Change
of Control and utilizing the Valuation Assumptions by substituting in each case the terms “the closing date of a Change of Control”
in each place where the phrase “Early Termination Date” appears. Such obligations shall include, but not be limited to, (1)
the Early Termination Payments calculated as if an Early Termination Notice had been delivered on such date, (2) any Tax Benefit Payment
due and payable and that remains unpaid as of such date and (3) any Tax Benefit Payment due for the Taxable Year ending with or including
such date; provided that procedures similar to the procedures of Section 4.2 and 4.3 shall apply with respect to a Change of Control,
mutatis mutandis.

 

Section
4.2.         Early Termination Notice.
If the Corporate Taxpayer chooses to exercise its right of early termination under Section 4.1(a) above, the Corporate Taxpayer shall
deliver to the TRA Party Representative notice of such intention to exercise such right (“Early Termination Notice”)
and a schedule (“Early Termination Schedule”) specifying the Corporate Taxpayer’s intention to exercise
such right and showing in reasonable detail the calculation of the Early Termination Payment for each TRA Party. The Early Termination
Schedule shall become final and binding on all parties thirty (30) calendar days from the first date on which the TRA Party Representative
is treated as having received such Schedule or amendment thereto under Section 7.1 unless the TRA Party Representative (i) within thirty
(30) calendar days after such date provides the Corporate Taxpayer with notice of a material objection to such Schedule made in good faith
(“Material Objection Notice”) or (ii) provides a written waiver of such right of a Material Objection Notice
within the period described in clause (i) above, in which case such Schedule becomes binding on the date the waiver is received by the
Corporate Taxpayer. If the Corporate Taxpayer and the TRA Party Representative, for any reason, are unable to successfully resolve the
issues raised in such notice within thirty (30) calendar days after receipt by the Corporate Taxpayer of the Material Objection Notice,
the Corporate Taxpayer and the TRA Party Representative shall employ the Reconciliation Procedures in which case such Schedule becomes
binding ten (10) days after the conclusion of the Reconciliation Procedures. The TRA Party Representative will fairly represent the interests
of each TRA Party and shall timely raise and pursue, in accordance with this Section 4.2, any reasonable objection to an Early Termination
Schedule or amendment thereto timely communicated in writing to the TRA Party Representative by a TRA Party.

 

Section
4.3.         Payment upon Early Termination.

 

(a)              
Within five (5) Business Days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an
amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately
available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA
Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the
Corporate Taxpayer.

 

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(b)              
The “Early Termination Payment” in respect of a TRA Party shall equal such TRA Party’s Applicable
Percentage of the present value, discounted at the Early Termination Rate as of the applicable Early Termination Effective Date, of the
Tax Benefit Payments that would be required to be paid by the Corporate Taxpayer to such TRA Party beginning from the Early Termination
Date and assuming that the Valuation Assumptions in respect of such TRA Party are applied and that each Tax Benefit Payment for the relevant
Taxable Year would be due and payable on the due date (without extensions) under applicable law as of the Early Termination Effective
Date for filing the Corporate Taxpayer Return.

 

Section
4.4.         Termination.
This Agreement shall be considered terminated on the date on which all Tax Benefit Payments have been made under this Agreement.

 

Section
4.5.         Effectiveness.
This Agreement shall be effective as of the IPO Date.

 

ARTICLE
V

SUBORDINATION AND LATE PAYMENTS

 

Section
5.1.         Subordination.
Notwithstanding any other provision of this Agreement to the contrary, any Tax Benefit Payment or Early Termination Payment required to
be made by the Corporate Taxpayer to the TRA Parties under this Agreement shall rank subordinate and junior in right of payment to any
principal, interest or other amounts due and payable in respect of any obligations in respect of indebtedness for borrowed money of the
Corporate Taxpayer and its Subsidiaries (“Senior Obligations”) and shall rank pari passu in right of payment
with all current or future unsecured obligations of the Corporate Taxpayer that are not Senior Obligations. To the extent that any payment
under this Agreement is not permitted to be made at the time payment is due as a result of this Section 5.1 and the terms of agreements
governing Senior Obligations, such payment obligation nevertheless shall accrue for the benefit of the TRA Parties and the Corporate Taxpayer
shall make such payments at the first opportunity that such payments are permitted to be made in accordance with the terms of the Senior
Obligations. Notwithstanding any other provision of this Agreement to the contrary, to the extent that the Corporate Taxpayer or any of
its Affiliates enters into future Tax receivable or other similar agreements (“Future TRAs”), the Corporate
Taxpayer shall ensure that the terms of any such Future TRA shall provide that the Tax Benefits subject to this Agreement are considered
senior in priority to any Tax benefits subject to any such Future TRA for purposes of calculating the amount and timing of payments under
any such Future TRA.

 

Section
5.2.         Late Payments by the Corporate Taxpayer.
The amount of all or any portion of any Tax Benefit Payment or Early Termination Payment not made to the TRA Parties when due under the
terms of this Agreement, whether as a result of Section 5.1 or otherwise, shall be payable together with any interest thereon, computed
at the Default Rate and commencing from the date on which such Tax Benefit Payment or Early Termination Payment was first due and payable
until, but not including, the date of actual payment.

 

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ARTICLE
VI

NO DISPUTES; CONSISTENCY; COOPERATION

 

Section
6.1.         Participation in the Corporate Taxpayer’s Tax Matters.
Except as otherwise provided herein, the Corporate Taxpayer shall have full responsibility for, and sole discretion over, all Tax matters
concerning the Corporate Taxpayer, including without limitation the preparation, filing or amending of any Tax Return and defending, contesting
or settling any issue pertaining to Taxes. Notwithstanding the foregoing, the Corporate Taxpayer shall notify the TRA Party Representative
of, and keep the TRA Party Representative reasonably informed with respect to, the portion of any audit of the Corporate Taxpayer by a
Taxing Authority the outcome of which is reasonably expected to materially affect the rights and obligations of any TRA Party under this
Agreement, and shall provide to the TRA Party Representative reasonable opportunity to provide information and other input to the Corporate
Taxpayer and its advisors concerning the conduct of any such portion of such audit.

 

Section
6.2.         Consistency.
The Corporate Taxpayer and the TRA Parties agree to report and cause to be reported for all purposes, including federal, state and local
Tax purposes and financial reporting purposes, all Tax-related items (including, without limitation, each Tax Benefit Payment) in a manner
consistent with that contemplated by this Agreement or specified by the Corporate Taxpayer in any Schedule required to be provided by
or on behalf of the Corporate Taxpayer under this Agreement unless otherwise required by law. The Corporate Taxpayer shall (and shall
cause its Subsidiaries to) use reasonable efforts (for the avoidance of doubt, taking into account the interests and entitlements of all
of the TRA Parties under this Agreement) to defend the Tax treatment contemplated by this Agreement and any Schedule in any audit, contest
or similar proceeding with any Taxing Authority.

 

Section
6.3.         Cooperation.
The TRA Party Representative, on behalf of each TRA Party, agrees to (a) furnish to the Corporate Taxpayer in a timely manner such information,
documents and other materials as the Corporate Taxpayer may reasonably request for purposes of making any determination or computation
necessary or appropriate under this Agreement, preparing any Tax Return or contesting or defending any audit, examination or controversy
with any Taxing Authority, (b) make itself available to the Corporate Taxpayer and its representatives to provide explanations of documents
and materials and such other information as the Corporate Taxpayer or its representatives may reasonably request in connection with any
of the matters described in clause (a) above and (c) reasonably cooperate in connection with any such matter, and the Corporate Taxpayer
shall reimburse the TRA Party Representative for any reasonable and documented out-of-pocket costs and expenses incurred pursuant to this
Section. Upon the request of the TRA Party Representative, the Corporate Taxpayer shall cooperate in taking any action reasonably requested
by the TRA Party Representative in connection with any TRA Party’s tax or financial reporting and/or the consummation of any assignment
or transfer of any TRA Party’s rights and/or obligations under this Agreement, including without limitation, providing any information
or executing any documentation.

 

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ARTICLE
VII

MISCELLANEOUS

 

Section
7.1.         Notices.
All notices, requests, claims, demands and other communications hereunder shall be in writing and shall be deemed duly given and received
(a) on the date of delivery if delivered personally, or by facsimile or email with confirmation of transmission by the transmitting equipment
or (b) on the first Business Day following the date of dispatch if delivered by a recognized next-day courier service. All notices hereunder
shall be delivered as set forth below, or pursuant to such other instructions as may be designated in writing by the party to receive
such notice:

 

If to the Corporate Taxpayer to:

 

[●]

 

If to the TRA Party Representative, to:

 

[●]

 

Any party may change its address, fax number or email by giving the
other party written notice of its new address, fax number or email in the manner set forth above. Notice to any TRA Party shall be delivered
to the last mailing address provided by such TRA Party to the Corporate Taxpayer.

 

Section
7.2.         Counterparts.
This Agreement may be executed in one or more counterparts, all of which shall be considered one and the same agreement and shall become
effective when one or more counterparts have been signed by each of the parties and delivered to the other parties, it being understood
that all parties need not sign the same counterpart. Delivery of an executed signature page to this Agreement by facsimile transmission
shall be as effective as delivery of a manually signed counterpart of this Agreement.

 

Section
7.3.         Entire Agreement; Third Party Beneficiaries.
This Agreement constitutes the entire agreement and supersedes all prior agreements and understandings, both written and oral, among the
parties with respect to the subject matter hereof. This Agreement shall be binding upon and inure solely to the benefit of each party
hereto and their respective successors and permitted assigns and nothing in this Agreement, express or implied, is intended to or shall
confer upon any other Person any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement.

 

Section
7.4.         Governing Law.
This Agreement shall be governed by, and construed in accordance with, the law of the State of Delaware.

 

Section
7.5.         Severability.
If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any law or public policy, all other
terms and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of
the transactions contemplated hereby is not affected in any manner materially adverse to any party. Upon such 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 an acceptable manner in order that the transactions
contemplated hereby are consummated as originally contemplated to the greatest extent possible.

 

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Section
7.6.         Successors; Assignment; Amendments; Waivers.

 

(a)              
Each TRA Party may assign any of its rights under this Agreement to any Person so long as such transferee has executed and delivered,
or, in connection with such transfer, executes and delivers, a joinder to this Agreement, substantially similar in form and substance
to Exhibit A hereto, agreeing to become a TRA Party for all purposes of this Agreement, except as otherwise provided in such joinder;
provided, that, if any H&F Party (an “Assigning H&F Party”) proposes to transfer and/or assign
any of its rights under this Agreement to any Person (other than another H&F Party or Permitted Assignee thereof), then (i) such
Assigning H&F Party shall have the right to require each TRA Party (other than the H&F Parties) to transfer and/or assign to such
Person an equivalent proportion of such TRA Party’s rights under this Agreement on the same economic terms and conditions as such
Assigning H&F Party, following reasonable advance notice delivered by such Assigning H&F Party to each such TRA Party containing
the material terms and conditions (to the extent reasonably determinable) with respect to such transfer and/or assignment and (ii) in
the event that such H&F Assigning Party does not exercise its rights pursuant to the foregoing clause (i), such H&F Assigning
Party shall provide each TRA Party (other than the H&F Parties) with the right to transfer or assign to such Person an equivalent
proportion of such TRA Party’s rights under this Agreement on the same economic terms and conditions as the Assigning Party, exercisable
by such TRA Party within five (5) Business Days following reasonable advance notice delivered by such Assigning H&F Party to each
such TRA Party containing the material terms and conditions (to the extent reasonably determinable) with respect to such transfer and/or
assignment, in each case of the foregoing clauses (i) and (ii), (x) with such transfer and/or assignment being effectuated pursuant to
such procedures and documentation as the TRA Party Representative shall reasonably determine and (y) each TRA Party shall cooperate with
the TRA Party Representative and the applicable Assigning H&F Party in connection therewith (including taking or causing to be taken
all such actions as the TRA Party Representative or such H&F Assigning Party deems to be reasonably necessary or appropriate in order
to consummate expeditiously such transfer and/or assignment).In connection with any such assignment, the Corporate Taxpayer shall update
Schedule I to reflect the Applicable Percentage of the assignor and assignee.

 

(b)              
No provision of this Agreement may be amended unless such amendment is approved in writing by each of the Corporate Taxpayer and
by the TRA Parties who would be entitled to receive at least two-thirds of the total amount of the Early Termination Payments payable
to all TRA Parties hereunder if the Corporate Taxpayer had exercised its right of early termination, including the TRA Party Representative;
provided, that no such amendment shall be effective if such amendment will have a disproportionate effect on the payments one or
more TRA Parties receive under this Agreement unless such amendment is consented in writing by such TRA Parties disproportionately affected
who would be entitled to receive at least two-thirds of the total amount of the Early Termination Payments payable to all TRA Parties
disproportionately affected hereunder if the Corporate Taxpayer had exercised its right of early termination. No provision of this Agreement
may be waived unless such waiver is in writing and signed by the party against whom the waiver is to be effective. For clarity, updates
to Schedule I contemplated by Section 7.6(a) shall not be considered an amendment for purposes of this Section 7.6(b).

 

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(c)              
All of the terms and provisions of this Agreement shall be binding upon, shall inure to the benefit of and shall be enforceable
by the parties hereto and their respective successors, assigns, heirs, executors, administrators and legal representatives. The Corporate
Taxpayer shall require and cause any direct or indirect successor (whether by purchase, merger, consolidation or otherwise) to all or
substantially all of the business or assets of the Corporate Taxpayer by written agreement, expressly to assume and agree to perform this
Agreement in the same manner and to the same extent that the Corporate Taxpayer would be required to perform if no such succession had
taken place.

 

Section
7.7.         Titles and Subtitles.
The titles of the sections and subsections of this Agreement are for convenience of reference only and are not to be considered in construing
this Agreement.

 

Section
7.8.         Resolution of Disputes.

 

(a)              
Any and all disputes which are not governed by Section 7.9 and cannot be settled amicably, including any ancillary claims of any
party, arising out of, relating to or in connection with the validity, negotiation, execution, interpretation, performance or nonperformance
of this Agreement (including the validity, scope and enforceability of this arbitration provision) (each, a “Dispute”)
shall be finally settled by arbitration conducted by a single arbitrator in Delaware in accordance with the then-existing Rules of Arbitration
of the International Chamber of Commerce. If the parties to the Dispute fail to agree on the selection of an arbitrator within thirty
(30) calendar days of the receipt of the request for arbitration, the International Chamber of Commerce shall make the appointment. The
arbitrator shall be a lawyer admitted to the practice of law in the State of Delaware and shall conduct the proceedings in the English
language. Performance under this Agreement shall continue if reasonably possible during any arbitration proceedings.

 

(b)              
Notwithstanding the provisions of paragraph (a), the Corporate Taxpayer may bring an action or special proceeding in any court
of competent jurisdiction for the purpose of compelling a party to arbitrate, seeking temporary or preliminary relief in aid of an arbitration
hereunder, and/or enforcing an arbitration award and, for the purposes of this paragraph (b), each TRA Party (i) expressly consents to
the application of paragraph (c) of this Section 7.8 to any such action or proceeding, (ii) agrees that proof shall not be required that
monetary damages for breach of the provisions of this Agreement would be difficult to calculate and that remedies at law would be inadequate
and (iii) irrevocably appoints the Corporate Taxpayer as agent of such TRA Party for service of process in connection with any such action
or proceeding and agrees that service of process upon such agent, who shall promptly advise the TRA Party of any such service of process,
shall be deemed in every respect effective service of process upon the TRA Party in any such action or proceeding.

 

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(c)              
(i) EACH PARTY HEREBY IRREVOCABLY SUBMITS TO THE JURISDICTION OF COURTS LOCATED IN THE STATE OF DELAWARE FOR THE PURPOSE OF ANY
JUDICIAL PROCEEDING BROUGHT IN ACCORDANCE WITH THE PROVISIONS OF THIS SECTION 7.8, OR ANY JUDICIAL PROCEEDING ANCILLARY TO AN ARBITRATION
OR CONTEMPLATED ARBITRATION ARISING OUT OF OR RELATING TO OR CONCERNING THIS AGREEMENT. Such ancillary judicial proceedings include any
suit, action or proceeding to compel arbitration, to obtain temporary or preliminary judicial relief in aid of arbitration, or to confirm
an arbitration award. The parties acknowledge that the fora designated by this paragraph (c) have a reasonable relation to this Agreement,
and to the parties’ relationship with one another; and

 

(ii)             
The parties hereby waive, to the fullest extent permitted by applicable law, any objection which they now or hereafter may have
to personal jurisdiction or to the laying of venue of any such ancillary suit, action or proceeding brought in any court referred to in
the preceding paragraph of this Section 7.8 and such parties agree not to plead or claim the same.

 

Section
7.9.         Reconciliation.
In the event that the Corporate Taxpayer and the TRA Party Representative are unable to resolve a disagreement with respect to the matters
governed by Sections 2.2 and 4.2 within the relevant period designated in this Agreement (“Reconciliation Dispute”),
the Reconciliation Dispute shall be submitted for determination to a nationally recognized expert (the “Expert”)
in the particular area of disagreement mutually acceptable to both parties. The Expert shall be a partner or principal in a nationally
recognized accounting or law firm, and unless the Corporate Taxpayer and the TRA Party Representative agree otherwise, the Expert shall
not, and the firm that employs the Expert shall not, have any material relationship with the Corporate Taxpayer or the TRA Party Representative
or other actual or potential conflict of interest. If the Corporate Taxpayer and the TRA Party Representative are unable to agree on an
Expert within fifteen (15) calendar days of receipt by the respondent(s) of written notice of a Reconciliation Dispute, the Expert shall
be appointed by the International Chamber of Commerce Centre for Expertise. The Expert shall resolve any matter relating to the Early
Termination Schedule or an amendment thereto within thirty (30) calendar days and shall resolve any matter relating to a Tax Benefit Schedule
or an amendment thereto within fifteen (15) calendar days or as soon thereafter as is reasonably practicable, in each case after the matter
has been submitted to the Expert for resolution. Notwithstanding the preceding sentence, if the matter is not resolved before any payment
that is the subject of a disagreement would be due (in the absence of such disagreement) or any Tax Return reflecting the subject of a
disagreement is due, the undisputed amount shall be paid on the date prescribed by this Agreement and such Tax Return may be filed as
prepared by the Corporate Taxpayer, subject to adjustment or amendment upon resolution. The costs and expenses relating to the engagement
of such Expert or amending any Tax Return shall be borne by the Corporate Taxpayer except as provided in the next sentence. The Corporate
Taxpayer and the TRA Party Representative shall bear their own costs and expenses of such proceeding, unless (i) the Expert adopts the
TRA Party Representative’s position, in which case the Corporate Taxpayer shall reimburse the TRA Party Representative for any reasonable
out-of-pocket costs and expenses in such proceeding, or (ii) the Expert adopts the Corporate Taxpayer’s position, in which case
the TRA Party Representative shall reimburse the Corporate Taxpayer for any reasonable out-of-pocket costs and expenses in such proceeding.
Any dispute as to whether a dispute is a Reconciliation Dispute within the meaning of this Section 7.9 shall be decided by the Expert.
The Expert shall finally determine any Reconciliation Dispute and the determinations of the Expert pursuant to this Section 7.9 shall
be binding on the Corporate Taxpayer and each of the TRA Parties and may be entered and enforced in any court having jurisdiction.

 

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Section
7.10.     Withholding.
The Corporate Taxpayer shall be entitled to deduct and withhold from any payment payable pursuant to this Agreement such amounts as the
Corporate Taxpayer is required to deduct and withhold with respect to the making of such payment under the Code or any provision of state,
local or foreign Tax law. To the extent that amounts are so withheld and paid over to the appropriate Taxing Authority by the Corporate
Taxpayer, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the Person in respect of whom
such withholding was made.

 

Section
7.11.     Admission of the Corporate Taxpayer into a Consolidated Group; Transfers of Corporate Assets.

 

(a)              
If the Corporate Taxpayer is or becomes a member of an affiliated or consolidated group of corporations that files a consolidated
income tax return pursuant to Sections 1501 et seq. of the Code or any corresponding provisions of state or local law, then: (i) the
provisions of this Agreement shall be applied with respect to the group as a whole and (ii) Tax Benefit Payments, Early Termination
Payments and other applicable items hereunder shall be computed with reference to the consolidated taxable income of the group as a whole.

 

(b)              
If any entity that is obligated to make a Tax Benefit Payment or Early Termination Payment hereunder transfers one or more assets
to a corporation (or a Person classified as a corporation for United States federal income tax purposes) with which such entity does not
file a consolidated tax return pursuant to Section 1501 of the Code or any corresponding provisions of state, local or foreign law (including
as a result of any series of transactions or acts), such entity, for purposes of calculating the amount of any Tax Benefit Payment or
Early Termination Payment (e.g., calculating the gross income of the entity and determining the Realized Tax Benefit of such entity) due
hereunder, shall be treated as having disposed of such asset in a fully taxable transaction on the date of such transfer. The consideration
deemed to be received by such entity shall be equal to the gross fair market value of the transferred asset. For purposes of this Section
7.11(b), a transfer of a partnership interest shall be treated as a transfer of the transferring partner’s share of each of the
assets and liabilities of that partnership. If any member of a group described in Section 7.11(a) that is obligated to make a Tax Benefit
Payment or Early Termination Payment hereunder deconsolidates from the group (or the Corporate Taxpayer deconsolidated from the group),
then the Corporate Taxpayer shall cause such member (or the parent of the consolidated group in a case where the Corporate Taxpayer deconsolidates
from the group) to assume the obligation to make Tax Benefit Payments in a manner consistent with the terms of this Agreement as the member
actually realizes such Tax Benefits. If a member of a group described in Section 7.11(a) assumes an obligation to make Tax Benefit Payments
hereunder, then the initial obligor is relieved of the obligation assumed.

 

    20 

     

    

 

Section
7.12.     Confidentiality.

 

(a)              
Each TRA Party and each of their assignees acknowledge and agree that the information of the Corporate Taxpayer is confidential
and, except in the course of performing any duties as necessary for the Corporate Taxpayer and its Affiliates, as required by law or legal
process or to enforce the terms of this Agreement, such person shall keep and retain in the strictest confidence and not disclose to any
Person any confidential matters, acquired pursuant to this Agreement, of the Corporate Taxpayer and its Affiliates and successors learned
by the TRA Party heretofore or hereafter. This Section 7.12 shall not apply to (i) any information that has been made publicly available
by the Corporate Taxpayer or any of its Affiliates, becomes public knowledge (except as a result of an act of any TRA Party in violation
of this Agreement) or is generally known to the business community, (ii) the disclosure of information to the extent necessary for the
TRA Parties to prepare and file their Tax Returns, to respond to any inquiries regarding the same from any Taxing Authority or to prosecute
or defend any action, proceeding or audit by any Taxing Authority with respect to such returns and (iii) any information a TRA Party discloses
to a potential transferee pursuant to Section 7.6 under the terms of a confidentiality agreement to the extent that that such potential
transferee agrees to be bound by customary confidentiality provisions with respect to any confidential information of the Corporate Taxpayer.
Notwithstanding anything to the contrary herein, (A) neither the TRA Party Representative nor the Corporate Taxpayer shall be required
to disclose to any TRA Party any information that it reasonably deems to be confidential pursuant to the terms hereof unless such TRA
Party has executed an agreement pursuant to which such TRA Party agrees to be bound by the terms of this Section 7.12 and (B) each TRA
Party and each of its assignees (and each employee, representative or other agent of the TRA Party or its assignees, as applicable) may
disclose to any and all Persons, without limitation of any kind, the tax treatment and tax structure of the Corporate Taxpayer and its
Affiliates, and any of their transactions, and all materials of any kind (including opinions or other tax analyses) that are provided
to the TRA Party relating to such tax treatment and tax structure.

 

(b)              
If any of the TRA Party Representative or any TRA Party or an assignee commits a breach, or threatens to commit a breach, of any
of the provisions of this Section 7.12, the Corporate Taxpayer shall have the right and remedy to have the provisions of this Section
7.12 specifically enforced by injunctive relief or otherwise by any court of competent jurisdiction without the need to post any bond
or other security, it being acknowledged and agreed that any such breach or threatened breach shall cause irreparable injury to the Corporate
Taxpayer or any of its Subsidiaries or the TRA Parties and the accounts and funds managed by the Corporate Taxpayer and that money damages
alone shall not provide an adequate remedy to such Persons. Such rights and remedies shall be in addition to, and not in lieu of, any
other rights and remedies available at law or in equity.

 

Section
7.13.     TRA Party Representative.

 

(a)              
Appointment. By executing this Agreement, each of the TRA Parties shall be deemed to have irrevocably constituted the TRA
Party Representative as his, her or its agent and attorney in fact with full power of substitution to act from and after the date hereof
and to do any and all things and execute any and all documents on behalf of such TRA Parties which may be necessary, convenient or appropriate
to facilitate any matters under this Agreement, including but not limited to: (i) execution of the documents and certificates required
pursuant to this Agreement; (ii) except to the extent specifically provided in this Agreement receipt and forwarding of notices and communications
pursuant to this Agreement; (iii) administration of the provisions of this Agreement; (iv) any and all consents, waivers, amendments or
modifications deemed by the TRA Party Representative, in its sole and absolute discretion, to be necessary or appropriate under this Agreement
and the execution or delivery of any documents that may be necessary or appropriate in connection therewith; (v) amending this Agreement
or any of the instruments to be delivered to the Corporate Taxpayer pursuant to this Agreement; (vi) taking actions the TRA Party Representative
is expressly authorized to take pursuant to the other provisions of this Agreement; (vii) negotiating and compromising, on behalf of such
TRA Parties, any dispute that may arise under, and exercising or refraining from exercising any remedies available under, this Agreement
or any other agreement contemplated hereby and executing, on behalf of such TRA Parties, any settlement agreement, release or other document
with respect to such dispute or remedy; and (viii) engaging attorneys, accountants, agents or consultants on behalf of such TRA Parties
in connection with this Agreement or any other agreement contemplated hereby and paying any fees related thereto.

 

    21 

     

    

 

(b)              
Expenses. If at any time the TRA Party Representative shall incur out of pocket expenses in connection with the exercise
of its duties hereunder, upon written notice to the Corporate Taxpayer from the TRA Party Representative of documented costs and expenses
(including fees and disbursements of counsel and accountants) incurred by the TRA Party Representative in connection with the performance
of its rights or obligations under this Agreement and the taking of any and all actions in connection therewith, the Corporate Taxpayer
shall reduce any future payments (if any) due to the TRA Parties hereunder pro rata (based on their respective Applicable Percentages)
by the amount of such expenses which it shall instead remit directly to the TRA Party Representative. In connection with the performance
of its rights and obligations under this Agreement and the taking of any and all actions in connection therewith, the TRA Party Representative
shall not be required to expend any of its own funds (though, for the avoidance of doubt but without limiting the provisions of this Section
7.13(b), it may do so at any time and from time to time in its sole discretion).

 

(c)              
Limitation on Liability. The TRA Party Representative shall not be liable to any TRA Party for any act of the TRA Party
Representative arising out of or in connection with the acceptance or administration of its duties under this Agreement, except to the
extent any liability, loss, damage, penalty, fine, cost or expense is actually incurred by such TRA Party as a proximate result of the
gross negligence, bad faith or willful misconduct of the TRA Party Representative (it being understood that any act done or omitted pursuant
to the advice of legal counsel shall be conclusive evidence of good faith and reasonable judgment). The TRA Party Representative shall
not be liable for, and shall be indemnified by the TRA Parties (on a several but not joint basis) for, any liability, loss, damage, penalty
or fine incurred by the TRA Party Representative (and any cost or expense incurred by the TRA Party Representative in connection therewith
and herewith and not previously reimbursed pursuant to subsection (b) above) arising out of or in connection with the acceptance or administration
of its duties under this Agreement, and such liability, loss, damage, penalty, fine, cost or expense shall be treated as an expense subject
to reimbursement pursuant to the provisions of subsection (b) above, except to the extent that any such liability, loss, damage, penalty,
fine, cost or expense is the proximate result of the gross negligence, bad faith or willful misconduct of the TRA Party Representative
(it being understood that any act done or omitted pursuant to the advice of legal counsel shall be conclusive evidence of good faith and
reasonable judgment).

 

    22 

     

    

 

(d)              
Actions of the TRA Party Representative. A decision, act, consent or instruction of the TRA Party Representative shall constitute
a decision of all TRA Parties and shall be final, binding and conclusive upon each TRA Party, and the Corporate Taxpayer may rely upon
any decision, act, consent or instruction of the TRA Party Representative as being the decision, act, consent or instruction of each TRA
Party. The Corporate Taxpayer is hereby relieved from any liability to any person for any acts done by the Corporate Taxpayer in accordance
with any such decision, act, consent or instruction of the TRA Party Representative.

 

[The remainder of this page is intentionally
blank]

 

    23 

     

    

 

IN WITNESS WHEREOF, each of the undersigned parties
has duly executed this Agreement as of the date first written above.

 

	 	Corporate Taxpayer:
	 	 
	 	Snap One Holdings Corp.
	 	 
	 	By: 	          
	 	Name:
	 	Title: 
	 	 
	 	TRA Party Representative:
	 	 
	 	H&F Copper Holdings VIII, L.P.
	 	 
	 	By: 	 
	 	Name:
	 	Title: 
	 	 
	 	Initial TRA Party:
	 	 
	 	Crackle Holdings, L.P.
	 	 
	 	By: 	 
	 	Name:
	 	Title:

 

[Signature Page to Tax Receivable Agreement]

 

     

     

    

 

Schedule I

 

	TRA Party	Applicable Percentage
	 	 
	 	100%

 

     

     

    

 

Exhibit A

Form of Joinder

 

This JOINDER (this “Joinder”)
to the Tax Receivable Agreement (as defined below), is by and among Snap One Holdings Corp. a Delaware corporation (including any successor
corporation, the “Corporate Taxpayer”), ______________________ (“Transferor”) and ______________________
(“Transferee”).

 

WHEREAS, on ______________________, Transferee shall
acquire ______________________ percent of the Transferor’s right to receive payments that may become due and payable under the Tax
Receivable Agreement (as defined below) (the “Acquired Interests”) from Transferor (the “Acquisition”);
and

 

WHEREAS, Transferor, in connection with the Acquisition,
has required Transferee to execute and deliver this Joinder pursuant to Section 7.6(a) of the Tax Receivable Agreement, dated as of [●],
2021, between the Corporate Taxpayer and the TRA Parties (as defined therein) (the “Tax Receivable Agreement”).

 

NOW, THEREFORE, in consideration of the foregoing
and the respective covenants and agreements set forth herein, and intending to be legally bound hereby, the parties hereto agree as follows:

 

Section 1.1Definitions. To the extent
capitalized words used in this Joinder are not defined in this Joinder, such words shall have the respective meanings set forth in the
Tax Receivable Agreement.

 

Section 1.2Acquisition. For good and valuable
consideration, the sufficiency of which is hereby acknowledged by the Transferor and the Transferee, the Transferor hereby transfers and
assigns absolutely to the Transferee all of the Acquired Interests.

 

Section 1.3Joinder. Transferee hereby
acknowledges and agrees (i) that it has received and read the Tax Receivable Agreement, (ii) that the Transferee is acquiring the Acquired
Interests in accordance with and subject to the terms and conditions of the Tax Receivable Agreement and (iii) to become a “TRA
Party” (as defined in the Tax Receivable Agreement) for all purposes of the Tax Receivable Agreement.

 

Section 1.4Notice. Any notice, request,
consent, claim, demand, approval, waiver or other communication hereunder to Transferee shall be delivered or sent to Transferee at the
address set forth on the signature page hereto in accordance with Section 7.1 of the Tax Receivable Agreement.

 

Section 1.5Governing Law. This Joinder
shall be governed by and construed in accordance with the law of the State of Delaware.

 

     

     

    

 

IN WITNESS WHEREOF, this Joinder has been duly executed
and delivered by Transferee as of the date first above written.

 

	 	Snap One Holdings Corp.
	 	 
	 	By: 	 
	 	 	Name: 
	 	 	Title: 
	 	 
	 	[TRANSFEROR]
	 	 
	 	By:	 
	 	 	Name: 
	 	 	Title: 
	 	 
	 	[TRANSFEREE]
	 	 
	 	By: 	 
	 	 	Name: 
	 	 	Title: 
	 	 
	 	Address for notices:Exhibit 10.14

 

Final Form

 

Crackle Holdings, L.P.

Treatment of Unvested Class B Units 

 

[•], 2021

 

As you may know, Crackle Holdings GP LLC (the “General Partner”),
being the general partner of Crackle Holdings, L.P. (the “Partnership”), has begun the process of an initial public
offering (if consummated, the “IPO”) and, in connection therewith, has selected Snap One Holdings Corp. (f/k/a Crackle
Corp.), a direct wholly-owned subsidiary of the Partnership (the “Company”), for purposes of undertaking the IPO. In
connection with the IPO, and pursuant to the terms of the Partnership Agreement (as defined below) to which you are party, the General
Partner will cause the Partnership to exchange your unvested Class B Units (the “Unvested Units”) granted under the
Partnership’s 2017 Class B Unit Incentive Plan (as amended from time to time, the “2017 Plan”), if any, for unvested
shares of common stock of the Company (“shares of Restricted Stock”), if and when the IPO occurs (the “Exchange”).
Terms used but not otherwise defined herein shall have the meanings ascribed to them in the Amended and Restated Limited Partnership Agreement
of the Partnership, dated as of August 4, 2017 (as amended, restated, supplemented or otherwise modified from time to time, the “Partnership
Agreement”).

 

What will you receive? You will receive shares of Restricted
Stock in exchange for your Unvested Units. These shares of Restricted Stock will be stock of the same class of shares that will become
publicly traded following the IPO and will be subject to restrictions on transfer and vesting as described below. As is the case with
your Class B Units, the shares of Restricted Stock will not be registered under the Securities Act of 1933, as amended (the “Securities
Act”), and accordingly, even once the shares of Restricted Stock have vested, they may not be sold or transferred except pursuant
to an effective registration statement under the Securities Act or pursuant to an applicable exemption therefrom.

 

The number of shares of Restricted Stock you will receive will be determined
taking into account the aggregate value of your Unvested Units immediately prior to the Exchange, based on the distribution priorities
and terms applicable to the various classes of units of the Partnership, in each case, calculated by the General Partner pursuant to and
in accordance with the Partnership Agreement, and the price at which shares of Common Stock of the Company are initially offered to the
public in connection with the IPO (the “IPO Price”). The number of shares of Restricted Stock you receive in exchange
for your Unvested Units will each be rounded down to the nearest whole Share, and any fractional Shares will be settled in cash by the
Company at a later date. Your shares will be held at an account in your name with the transfer agent in book-entry form.

 

You will also receive cash equal to $[ ] per Unvested Unit in lieu
of participation in the tax receivables agreement that will be entered into between the Company and certain Partnership unitholders in
connection with the IPO (the “Additional Payment”).

 

If your position with the Company is below the Executive Vice President-level
(a “Non-Executive”), you will receive the Additional Payments payable with respect to your Unvested Units at the same
time as the Exchange.

 

If your position with the Company is at or above the Executive Vice
President-level (an “Executive”), then only Additional Payments payable with respect to Class B-1 Units of the Partnership
(“Class B-1 Units”) that are scheduled to vest by October 31, 2022 pursuant to the time-vesting schedule applicable
to such Class B-1 Units as of immediately prior to the Exchange will be paid to you at the same time as the Exchange. All other Additional
Payments with respect to Class B-1 Units will be held in escrow, subject to the same vesting conditions as the Restricted Stock received
in exchange for the Class B-1 Units; provided that such vesting schedule shall be accelerated by a certain number of days equal to number
of days following the Exchange to October 31, 2022. Additional Payments with respect to any Class B-2 units of the Partnership (“Class
B-2 Units”) will be held in escrow subject to the vesting conditions of the Restricted Stock received in exchange for such B-2
Units, as described in Appendix A. Notwithstanding the foregoing, in the event your employment is terminated as a result of your death
or Disability (as defined in the Company’s 2021 Stock Incentive Plan), any remaining Additional Payments payable to you with respect
to your Class B-1 and Class B-2 Units shall immediately vest.

 

     

     

    

 

When can you sell your Shares of Restricted Stock? The shares
of Restricted Stock generally cannot be sold until the date that is the later of (i) the date on which such shares of Restricted Stock
vest and (ii) twelve (12) months if you are an Executive or one hundred and eighty (180) days if you are a Non-Executive following the
closing date of the IPO, subject to the Company’s then effective insider trading policy.

 

What vesting conditions will apply to the Shares of Restricted Stock?

 

The shares of Restricted Stock you receive in exchange for your Class
B Units will be subject to the vesting terms that apply to such unvested Class B Units, as further
described in (and, solely as to Class B-2 Units, as modified by) the attached Exchange Acknowledgement and Agreement.

 

Will my restrictive covenants continue to apply? Yes, your obligations
under the Non-Interference Agreement referenced and defined in your Class B Unit Award Agreement(s) will continue to apply following the
Exchange, and may be enforced by the Company following the Exchange.

 

What must you do now? To facilitate the IPO process and the
Exchange of your Unvested Units, you must execute the attached Exchange Acknowledgement and Agreement. We strongly encourage you to
read these documents, and, if you have questions, consult with your own legal, financial, and tax advisors about the consequences of the
Exchange. 

 

After you execute the Exchange Acknowledgement and Agreement, please
send signed copies of the agreement(s) to [JD Ellis] no later than [•], 2021.

 

U.S. Federal Income Tax Treatment of the Exchange. The Company
intends to take the position that the Exchange should not result in taxable income to you for U.S. federal income tax purposes, except
with respect to any cash received in connection with the Exchange, as described below. The Exchange is expected to be treated, for U.S.
federal income tax purposes, as a distribution to you of shares of Common Stock of the Company by the Partnership in redemption of your
Unvested Units. Accordingly, your tax basis and holding period, if any, in your Unvested Units should carry over to your Restricted Shares,
except that your basis will be reduced by the amount of cash received at the time of the Exchange or with respect to which a section 83(b)
election is made, as described below, and your subsequent disposition of such shares (after vesting) should generally result in a capital
gain (or loss) in an amount equal to the difference between the amount you realize on the disposition and your tax basis in the Restricted
Shares that are disposed of. Long-term capital gains recognized by individuals are generally eligible for reduced rates of taxation. Furthermore,
the deductibility of capital losses is subject to limitations. The foregoing assumes you will make an election as required in the Exchange
Acknowledgement and Agreement under section 83(b) of the Internal Revenue Code with respect to the shares of Restricted Stock and that
the shares of Restricted Stock you receive in the Exchange are of equivalent value to your unvested Units.

 

     

     

    

 

U.S. Federal Income Tax Treatment of the Additional Payments.
Any cash you receive at the time of the Exchange pursuant to this agreement is expected to be taxable income to you as capital gain to
the extent the cash received exceeds your outside basis in your Partnership interest. Your basis in the shares of Restricted Stock you
receive in the Exchange will be reduced by the amount of such cash. If you are an Executive, the portion of the cash payment that is placed
in escrow is not expected to be treated as currently received and therefore would not be subject to tax on a current basis and will not
reduce your basis in your shares of Restricted Stock. When you actually receive the cash in escrow, the cash will be taxed as ordinary
income to you. The Company intends to take the position that you may make a section 83(b) election with respect to all or a portion of
the amount of cash held in escrow. If you choose to make a section 83(b) election on the escrowed cash, you would be subject to current
taxation as capital gain to the extent the cash exceeds your outside basis in your Partnership interest and your basis in your shares
of Restricted Stock would be reduced by the amount of such cash. You would not be subject to tax on the cash when it is actually received,
but you would not be able to claim a tax loss if such cash is forfeited. You should consult your tax advisors regarding the application
of the U.S. federal income tax laws to your particular situation, including the impact of the section 83(b) election as well as any tax
consequences arising under the laws of any state, local or foreign taxing jurisdiction.

 

The shares of Restricted Stock you receive in the Exchange will
be in exchange for, and will supersede in all respects, the Unvested Units, which will be cancelled and cease to exist immediately upon
the Exchange. Except as expressly set forth in the Exchange Acknowledgement and Agreement, your rights and obligations under the 2017
Plan, your Class B Unit Award Agreement(s), the Partnership Agreement and any other documents or agreements with respect to the Unvested
Units or the Partnership will terminate immediately following the Exchange.

 

We look forward to beginning this new, exciting chapter as a public
company.

 

Sincerely,

 

John Heyman

 

     

     

    

 

EXCHANGE ACKNOWLEDGEMENT AND AGREEMENT

 

This Exchange Acknowledgement and Agreement (this
 “Agreement”) is made effective as of [ ], 2021 (the “Effective Date”), by and among Crackle Holdings,
L.P., a Delaware limited partnership (the “Partnership”), Crackle Holdings GP LLC, a Delaware limited liability company
and the general partner of the Partnership (the “General Partner”), Snap One Holdings Corp. (f/k/a Crackle Corp.),
a Delaware corporation and direct wholly-owned subsidiary of the Partnership (the “Company”), and the management unitholder
identified on the signature page attached hereto (“Management Unitholder”). Capitalized terms used but not otherwise
defined herein shall have the meanings ascribed to them in the Partnership Agreement (as defined below).

 

WHEREAS, Management Unitholder holds a number of
Class B Units of the Partnership (the “Exchanged Units”), in each case as specified in the Equity Schedule set forth
on the signature page hereto, which Exchanged Units are subject to the Amended and Restated Limited Partnership Agreement of the Partnership,
dated as of August 4, 2017 (as amended, restated, supplemented or otherwise modified from time to time, the “Partnership Agreement”),
the Partnership’s 2017 Class B Unit Incentive Plan (as amended from time to time, the “2017 Plan”) and one or
more Class B Unit Award Agreements, including any exhibits attached thereto (collectively, the “Unit Equity Agreements”);

 

WHEREAS, in connection with the initial public offering
of the Company (the “IPO”), the General Partner will cause all of the Exchanged Units to be exchanged for unvested
shares of common stock, par value $0.01, of the Company (the “shares of Restricted Stock”), effective immediately after
the execution and delivery by the Company of the underwriting agreement relating to the IPO (the “Exchange and, the date
of such Exchange, the “Exchange Time”), upon the terms and subject to the conditions set forth herein and as otherwise
determined by the General Partner;

 

WHEREAS, prior to the IPO, the Company and the Partnership
will enter into a tax receivable agreement (the “Tax Receivable Agreement”) whereby the Company will agree to make
payments with respect a portion of the tax savings of the Company as a result of certain pre-IPO tax attributes;

 

WHEREAS, the Partnership will distribute its rights
under the Tax Receivable Agreement to certain unitholders, and a cash payment to other holders, including the Management Unitholder, equal
to the fair market value of the Management Unitholder’s pro rata interest in the Tax Receivable Agreement in lieu of rights under
the Tax Receivable Agreement; and

 

WHEREAS, at the Exchange Time, pursuant to the Exchange,
the Exchanged Units will be redeemed and will be cancelled and cease to exist and, in exchange therefor, Management Unitholder shall receive
a number of shares of Restricted Stock determined by the General Partner, based on the price at which Shares are initially offered to
the public in connection with the IPO (the “IPO Price”), as described herein and subject to the terms and conditions
hereof, including, Appendix A attached hereto.

 

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

 

1.        Exchange
of Exchanged Units. 

 

(a)       Subject
to the terms and conditions set forth herein and effective as of the Exchange Time, the General Partner will cause the Exchanged Units
to be redeemed and cancelled in exchange for a number of shares of Restricted Stock, as determined in accordance with the Partnership
Agreement. Once the IPO Price is conclusively determined, the actual number of shares of Restricted Stock to be received will be determined
and the Company will communicate such final number to the Management Unitholder.

 

     

     

    

 

(b)         Management
Unitholder shall receive cash equal to $[ ] per Exchanged Unit (the “Additional Payment”). Additional Payments shall
be distributed to the Management Unitholder as follows:

 

(i) If the Management Unitholder’s position
with the Company (or applicable affiliate thereof) is below the Executive Vice-President level (a “Non-Executive Management Unitholder”),
the entire Additional Payment shall be distributed by the Partnership to the Management Unitholder on or prior to the closing date of
the IPO.

 

(ii) If the Management Unitholder’s position
with the Company (or applicable affiliate thereof) is at or above the Executive Vice-President level (an “Executive Management
Unitholder”), the portion of the Additional Payment with respect to Class B-1 Units of the Partnership (“Class B-1
Units”) held by the Management Unitholder that are scheduled to vest by October 31, 2022 (the “Acceleration Date”)
pursuant to the time-vesting schedule applicable to such Class B-1 Units as of immediately prior to the closing date of the IPO, shall
be distributed by the Partnership to the Executive Management Unitholder on or prior to the closing date of the IPO. Any remaining portion
of the Additional Payment to an Executive Management Unitholder with respect to the Class B-1 Units or Class B-2 Units shall be held in
escrow subject to the same vesting conditions set forth in Appendix A attached hereto for the shares of Restricted Stock with which
such Additional Payment is associated, except that (a) in the event the Management Unitholder’s employment is terminated as a result
of the Management Unitholder’s death or Disability (as defined in the Company’s 2021 Stock Incentive Plan), any then-unvested
and outstanding portion of the Additional Payment shall immediately vest upon such termination, (b) the vesting conditions with respect
to shares of Restricted Stock received in exchange for Class B-1 Units shall be accelerated by a certain number of days, with such number
of days equal to the number of days following the closing date of the IPO to the Acceleration Date, and (c) in the event that any unvested
shares of Restricted Stock are forfeited, any remaining portion of the Additional Payment with respect to such shares shall be forfeited
to the TRA Parties (as defined in the Tax Receivable Agreement). With respect to each vested portion of the Additional Payment, within
five business days following the end of the quarter in which the applicable portion of the Additional Payment vested, such vested portion
of the Additional Payment shall be distributed from escrow to the Executive Management Unitholder pursuant to the terms and conditions
set forth in the escrow agreement to be entered into by the Company and an escrow agent prior to the Additional Payment.

 

(c)       Effective
as of the Exchange, the shares of Restricted Stock shall be subject to the terms of Appendix A attached hereto.

 

(d)       Management
Unitholder shall provide the Company with a copy of a completed election under Section 83(b) of the Internal Revenue Code of 1986, as
amended, and the regulations promulgated thereunder in the form of Exhibit A attached hereto, with respect to the shares of Restricted
Stock and may, but is not required to, provide the Company with a copy of such election in the form of Exhibit B attached hereto
with respect to all or a portion of the Additional Payment that is held in escrow pursuant to clause (b) of this section. Management Unitholder
shall timely (within 30 days of the Exchange Time) file (via certified mail, return receipt requested) such election(s) with the Internal
Revenue Service, and thereafter shall certify to the Company that Management Unitholder has made such timely filing(s) and furnish a copy
of such filing(s) to the Company. Management Unitholder should consult his or her tax advisor regarding the consequences of a Section
83(b) election, as well as the receipt, vesting, holding and sale of the shares of Restricted Stock.

 

(e)       Management
Unitholder acknowledges that the shares of Restricted Stock have not been registered under the Securities Act of 1933, as amended (the
 “Securities Act”), and accordingly, may not be sold or transferred except pursuant to an effective registration statement
under the Securities Act or pursuant to an applicable exemption therefrom, and subject to the Company’s then effective insider trading
policy.

 

     

     

    

 

2.        Non-Interference
Agreement. For purposes of the Non-Interference Agreement Management Unitholder is a party to as a result of the Unit Equity Agreements,
it is acknowledged and agreed that, from and after the Exchange, references to the “Partnership” will instead refer to the
Company and references to the “Partnership Group” will refer to the Company and its subsidiaries.

 

3.        Book
Entry. The Company shall recognize Management Unitholder’s ownership of shares of Restricted Stock through uncertificated book
entry.

 

4.        Rights
as a Stockholder. Management Unitholder shall be the record owner of the shares of Restricted Stock until or unless such shares of
Restricted Stock are forfeited pursuant to the terms of this Agreement, and as record owner shall be entitled to all rights of a common
stockholder of the Company, including, without limitation, voting rights with respect to the shares of Restricted Stock and rights to
dividends or other distributions, subject to Section 6 below.

 

5.        Book
Entry Notations. To the extent applicable, all book entries representing the shares of Restricted Stock delivered to Management Unitholder
as contemplated by Section 3 above shall be subject to the rules, regulations, and other requirements of the Securities and Exchange Commission,
any stock exchange upon which such Shares are listed, and any applicable Federal or state laws, and the Company may cause notations to
be made next to the book entry to make appropriate reference to such restrictions. Any such book entry notations may include a description
of the restrictions set forth in Appendix A attached hereto and herein, including Sections 1 and 6 hereof.

 

6.        Transfer
Restrictions. The shares of Restricted Stock are subject to the restrictions and obligations set forth in the Snap One Holdings Corp.
Stockholders Agreement to be entered into by the Company and the other parties thereto on the date of the Exchange (the “Stockholders
Agreement”) and Appendix A attached hereto.

 

7.        No
Right to Continued Employment. Neither this Agreement nor Management Unitholder’s receipt of the Shares hereunder shall impose
any obligation on the Company or any of its affiliates to continue the employment or engagement of Management Unitholder. Further, the
Company or any of its affiliates (as applicable) may at any time terminate the employment or engagement of Management Unitholder, free
from any liability or claim under the 2017 Plan or this Agreement, except as otherwise expressly provided herein.

 

8.        Cooperation.
Management Unitholder acknowledges that the IPO constitutes an Initial Public Offering, the Company constitutes the IPO Corporation and
the Exchange constitutes an IPO Conversion, in each case, pursuant to the Partnership Agreement and acknowledges that Management Unitholder
has obligations to cooperate with the General Partner and take all actions required or reasonably requested by the General Partner in
connection with the consummation of the IPO Conversion under the Partnership Agreement. Without limiting the foregoing, Management Unitholder
further agrees to cooperate with the General Partner, the Partnership, the Company and their respective affiliates in taking any actions
reasonably requested, necessary or advisable to consummate the transactions contemplated by this Agreement.

 

     

     

    

 

9.        Notices.
Any notice necessary under this Agreement shall be addressed to the General Partner, the Partnership or the Company in care of its Secretary
at its principal executive office and to Management Unitholder at the address appearing in the personnel records of the Company for such
Management Unitholder or to either party at such other address as either party hereto may hereafter designate in writing to the other.
Any such notice shall be deemed effective upon receipt thereof by the addressee.

 

10.       Choice
of Law. This Agreement shall be governed by and construed in accordance with the internal laws of the State of Delaware applicable
to contracts made and performed wholly within the State of Delaware, without giving effect to the conflict of laws provisions thereof.

 

11.       Amendment.
Prior to the consummation of the IPO, the General Partner and, after consummation of the IPO, the Company, may waive any conditions or
rights under, amend any terms of, or alter, suspend, discontinue, cancel or terminate this Agreement, but no such waiver, amendment, alteration,
suspension, discontinuance, cancellation or termination shall materially adversely affect the rights of Management Unitholder hereunder
without the consent of Management Unitholder.

 

12.       Electronic
Delivery and Acceptance. The Company may, in its sole discretion, decide to deliver any documents related to the shares of Restricted
Stock by electronic means. The Management Unitholder hereby consents to receive such documents by electronic delivery and agrees to participate
in the Plan through an on-line or electronic system established and maintained by the Company or a third party designated by the Company.

 

13.       Entire
Agreement. This Agreement constitutes the entire agreement of the parties hereto in respect of the subject matter contained herein
and supersede all prior agreements and understandings of the parties, oral and written, with respect to such subject matter.

 

14.       Binding
Effect. This Agreement shall be binding upon the heirs, executors, administrators and successors of the parties hereto.

 

15.       Other
Rights. Management Unitholder acknowledges that, upon consummation of the Exchange, Management Unitholder will no longer hold any
unvested Class B Units of the Partnership and will have no surviving rights under the Partnership Agreement or any other governing documents
of the Partnership or any other agreements related to ownership of any such unvested Class B Units of the Partnership, other than as expressly
set forth herein.

 

[Signatures on next page.]

 

     

     

    

 

IN WITNESS WHEREOF, Management Unitholder acknowledges
and accepts the terms of this Agreement.

 

	 	Management Unitholder
	 	 
	 	 
	 	Name:

 

Equity Schedule:

 

	Class of Units	Number of Unvested Units at IPO
	Class B-1 Units	 
	Class B-2 Units 	 

 

     

     

    

 

Agreement acknowledged and confirmed:

 

	 	Crackle Holdings, L.P. 
	 	 
	 	 
	 	By:
	 	Name:
	 	Its
	 	 
	 	Crackle Holdings GP LLC
	 	 
	 	 
	 	By:
	 	Name:
	 	Its
	 	 
	 	Snap One Holdings Corp.
	 	 
	 	 
	 	By:
	 	Name:
	 	Its

 

     

     

    

 

APPENDIX A

to the

Exchange Acknowledgement
and Agreement

 

TERMS AND CONDITIONS

 

1.          General.
Capitalized terms not otherwise defined herein shall have the meaning set forth in the Company’s 2021 Stock Incentive Plan. However,
the term “Company” as used in this Appendix A with reference to employment shall include the Company and its Subsidiaries.

 

2.          Vesting
Conditions. Upon receipt, shares of Restricted Stock shall initially be unvested and shall vest as follows:

 

(a)         Shares
of Restricted Stock received in exchange for Class B-1 Units (the “Time-Based Restricted Stock”) will continue to vest
based upon the same vesting conditions as were applicable to the Class B-1 Units to which the Time-Based Restricted Stock relates.

 

(b)         Shares
of Restricted Stock received in exchange for Class B-2 Units (the “Performance-Based Restricted Stock”) will vest upon
achievement of one or more of (A) the Total Return Hurdle, (B) the Average Return Hurdle and/or (C) the VWAP Hurdle (in each case as defined
and described below) (which shall replace, in its entirety, the vesting conditions applicable to the Class B-2 Units in place immediately
prior to the Exchange):

 

(i)       
Total Return Hurdle. Subject to the Management Unitholder not having undergone a Termination (as defined in the 2017 Plan)
prior to the applicable vesting date, 100% of the Performance-Based Restricted Stock will vest upon the receipt of Proceeds (as defined
in the 2017 Plan) by the H&F Investors (as defined in the 2017 Plan and collectively referred to herein as the “Sponsor”),
whether prior to, in connection with or following the IPO (as defined in the Exchange Agreement), equal to $1,399,409,115, which is the
product of (a) $2.50 multiplied by (b) the number of Class A Units held by the Sponsor as of immediately prior to the closing of
the IPO (as may be equitably adjusted for any units splits, recapitalizations or other similar events) (the “Total Return Hurdle”).
If the Total Return Hurdle is not achieved prior to or in connection with a Change in Control, all Performance-Based Restricted Stock
will be forfeited for no consideration.

 

(ii)       Average
Return Hurdle. Subject to the Management Unitholder not having undergone a Termination prior to the applicable vesting date, upon
any trade or other sale of shares of common stock, par value $0.01, of the Company (“Common Stock”) issued to the Sponsor
in connection with the IPO in respect of Class A Units of the Partnership held directly or indirectly by the Sponsor as of immediately
prior to the Exchange (each, a “Sponsor Share”, and the aggregate Sponsor Shares so received by the Sponsor, the “Initial
Sponsor Shares”) following which the Sponsor holds 10% or less of the Initial Sponsor Shares (such trade or other sale, an “Exit
Trade”), 100% of the Performance-Based Restricted Stock will vest if the Proceeds received in respect of the Sponsor Shares
sold prior to and inclusive of the Exit Trade exceeds (a) the Price Target multiplied by (b) the number of Sponsor Shares sold
prior to and inclusive of the Exit Trade (the “Average Return Hurdle”). In addition, upon each trade or other sale
of Sponsor Shares following the Exit Trade, but prior to the time in which the Sponsor ceases to hold any of the Initial Sponsor Shares,
if the Average Return Hurdle is satisfied, 100% of the Performance-Based Restricted Stock will vest. For purposes hereof, the “Price
Target” is the amount per share of Common Stock that is equivalent to a price per Class A Unit of the Partnership equal to $2.50,
which is calculated as follows: (a) the product of (i) $2.50 multiplied by (ii) the number of Class A Units held by the Sponsor
immediately prior to the closing of the IPO (each as may be equitably adjusted for any units splits, recapitalizations or other similar
events) divided by (b) the number of Initial Sponsor Shares. For example, if the Sponsor held 500,000,000 Class A Units immediately
prior to the closing of the IPO and the number of Initial Sponsor Shares was 100,000,000 (i.e. 0.20 shares of Company Common Stock per
Class A Unit), the Price Target would be equal to $12.50. The Price Target shall be appropriately reduced based on any Proceeds paid to
the holders of Class A Units of the Partnership prior to the IPO (for example, a pro rata cash distribution).

 

     

    A-2 

    

 

(iii)       VWAP
Hurdle. Prior to an Exit Trade, or following an Exit Trade to the extent such trade does not result in satisfaction of the Average
Return Hurdle, if, during the period commencing on the earlier to occur of (a) the first anniversary of the IPO or (b) the first Exit
Trade, and ending on February 4, 2024 (such period, the “VWAP Period”), the price per share of Common Stock, measured
using a 30-day volume-weighted average price (the “VWAP Price”), is at least equal to the Price Target (the “VWAP
Hurdle”), then:

 

(A)       
42% of the Performance-Based Restricted Stock will vest on August 4, 2022 (or such later date on which the VWAP Hurdle is achieved);

 

(B)       
42% of the Performance-Based Restricted Stock will vest on August 4, 2023 (or such later date on which the VWAP Hurdle is achieved); and

 

(C)       16%
of the Performance-Based Restricted Stock will vest on February 4, 2024.

 

For the avoidance of doubt, no Performance-Based Restricted
Stock will vest as a result of achieving the VWAP Hurdle prior to or following the VWAP Period.

 

(iv)       Final
Forfeiture. Notwithstanding anything contained in this Section 2(b) to the contrary, Performance-Based Restricted Stock that has
not vested on or prior to February 4, 2024 shall be forfeited on such date for no consideration.

 

(c)       The
vesting conditions applicable to the Performance-Based Restricted Stock as set forth in Section 2(b) of this Appendix A constitute
an amendment to the original vesting terms applicable to the Class B-2 Units for which such shares of Restricted Stock are exchanged.
Management Unitholder hereby consents to such amended vesting terms in accordance with the 2017 Plan.

 

3.        Treatment
of Shares of Restricted Stock Upon Termination. Except as set forth in Section 2 of this Appendix A, in the event of the Management
Unitholder’s Termination for any reason prior to the time that all of the shares of Restricted Stock have vested, (A) all vesting
with respect to such shares of Restricted Stock shall cease and (B) unvested shares of Restricted Stock shall be forfeited to the Company
by the Management Unitholder for no consideration as of the date of such Termination.

 

4.        Non-Transferability.
Until the Restricted Period (as defined in the 2017 Plan) has expired, the shares of Restricted Stock are not transferable by the Management
Unitholder. Except as otherwise provided herein, during the Restricted Period, no assignment or transfer of the shares of Restricted Stock,
or of the rights represented thereby, whether voluntary or involuntary, by operation of law or otherwise, shall vest in the assignee or
transferee any interest or right herein whatsoever, but immediately upon such assignment or transfer the shares of Restricted Stock shall
be forfeited to the Company.

 

5.        Imposition
of Other Requirements. The Company reserves the right to impose other requirements on the shares of Restricted Stock, to the extent
the Company determines it is necessary or advisable for legal or administrative reasons, and to require the Management Unitholder to sign
any additional agreements or undertakings that may be necessary to accomplish the foregoing.

 

     

     

    

 

SECTION 83(b) ELECTION FORM

 

[•], 2021

 

CERTIFIED MAIL

RETURN RECEIPT REQUESTED

 

Internal Revenue Service Center

 

Re: Election Under §83(b) of the Internal Revenue Code

 

Dear Sir or Madam:

 

The undersigned hereby elects
under Section 83(b) of the Internal Revenue Code to include in the taxpayer’s gross income for the taxable year in which the property
described below was transferred, the excess (if any), of the fair market value of such property at the time of its transfer, over the
amount (if any) paid for such property. Pursuant to Treas. Reg. § 1.83-2(e), the following information is submitted:

 

		1.	Name of taxpayer: _________________

 

		2.	Address of taxpayer: _________________

 

		3.	Social Security Number: _________________

 

		4.	Property with respect to which the election is being made: [•] shares of Common Stock of Snap One Holdings Corp.

 

		5.	Date Interest Acquired: [•], 2021

 

		6.	Taxable Year for which election is being made: calendar year 2021

 

		7.	Nature of the restriction or restrictions to which the property is subject: While the shares of Common Stock described in Paragraph
4 are held by the undersigned, such shares remain subject to vesting based upon the continued performance of substantial services and/or
applicable performance conditions.

 

		8.	Fair Market Value of the property at the time of transfer/acquisition, determined without regard to any lapse restrictions and in
accordance with Revenue Procedure 93-27: $[•]

 

		9.	Amount paid for the property: $[•]

 

Pursuant to Treas. Reg. § 1.83-2(e), a copy
of this election has been furnished to the person for whom the undersigned’s services are performed.

 

	Very truly yours,	 
	 	 
	 	 
	[Name]	 

 

     

     

    

 

SECTION 83(b) ELECTION FORM

 

[•], 2021

 

CERTIFIED MAIL

RETURN RECEIPT REQUESTED

 

Internal Revenue Service Center

 

Re: Election Under §83(b) of the Internal Revenue Code

 

Dear Sir or Madam:

 

The undersigned hereby elects
under Section 83(b) of the Internal Revenue Code to include in the taxpayer’s gross income for the taxable year in which the property
described below was transferred, the excess (if any), of the fair market value of such property at the time of its transfer, over the
amount (if any) paid for such property. Pursuant to Treas. Reg. § 1.83-2(e), the following information is submitted:

 

		1.	Name of taxpayer: _________________

 

		2.	Address of taxpayer: _________________

 

		3.	Social Security Number: _________________

 

		4.	Property with respect to which the election is being made: $[•] which is held in escrow by Snap One Holdings Corp.

 

		5.	Date Interest Acquired: [•], 2021

 

		6.	Taxable Year for which election is being made: calendar year 2021

 

		7.	Nature of the restriction or restrictions to which the property is subject: While cash described in Paragraph 4 is held for the benefit
of the undersigned, such cash remains subject to vesting based upon the continued performance of substantial services and/or applicable
performance conditions.

 

		8.	Fair Market Value of the property at the time of transfer/acquisition, determined without regard to any lapse restrictions and in
accordance with Revenue Procedure 93-27: $[•]

 

		9.	Amount paid for the property: $[•]

 

Pursuant to Treas. Reg. § 1.83-2(e), a copy
of this election has been furnished to the person for whom the undersigned’s services are performed. 

 

	Very truly yours,	 
	 	 
	 	 
	[Name]

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