Document:

Exhibit 10.7

 

APOLLO STRATEGIC GROWTH CAPITAL

9 West 57th Street, 43rd Floor

New York, NY 10019

[__], 2020

 

APSG Sponsor, L.P.

9 West 57th Street, 43rd Floor

New York, NY 10019

 

	 	Re:	Administrative Services Agreement

 

Gentlemen:

 

This letter agreement by and between Apollo
Strategic Growth Capital (the “Company”) and APSG Sponsor, L.P. (“Sponsor”), dated as of the date hereof,
will confirm our agreement that, commencing on the date that securities of the Company are first listed on the New York Stock Exchange
(the “Listing Date”) and continuing until the earlier of the consummation by the Company of an initial business combination
or the Company’s liquidation (in each case as described in the Company’s Registration Statement on Form S-1 (File No.
333-248847), as amended, filed with the Securities and Exchange Commission) (such earlier date hereinafter referred to as the “Termination
Date”):

 

(i) Sponsor shall make available, or cause
to be made available, to the Company, at 9 West 57th Street, 43rd Floor, New York, NY, 10019 (or any successor
location of Sponsor), certain office space, utilities, secretarial support and administrative services as may be reasonably requested
by the Company. In exchange therefor, the Company shall pay Sponsor the sum of $16,667 per month, for up to 27 months, commencing
on the Listing Date and continuing monthly thereafter until the Termination Date; and

 

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

 

     

     

    

 

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

 

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

 

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

 

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

 

This letter agreement may be executed in one
or more counterparts, each of which shall for all purposes be deemed to be an original but all of which together shall constitute
one and the same letter agreement.

 

[Signature page follows]

 

     

     

    

 

	 	Very truly yours,
	 	 
	 	APOLLO STRATEGIC GROWTH CAPITAL
	 	 
	 	By:	 	 
	 	 	Name:	
	 	 	Title:	

AGREED TO AND ACCEPTED BY:

 

APSG SPONSOR, L.P.

 

	By:	 	 	 
	 	Name:	 	 
	 	Title:	 	 

 

[Signature Page to Administrative Services
Agreement]EX-10.1

 Exhibit 10.1 

Reference is hereby made to that certain First Amended and Restated Forbearance Agreement, dated as of July 15, 2020 (as amended by that
certain amendment dated July 22, 2020, as amended by that certain amendment dated July 29, 2020, as amended by that certain amendment dated August 5, 2020, as amended by that certain amendment dated August 12, 2020, as amended by
that certain amendment dated August 26, 2020, as amended by that certain amendment dated August 31, 2020 and as amended hereby, the “Forbearance Agreement”), by and among Jill Acquisition LLC, a Delaware limited liability
company (“Jill Acquisition”), J.Jill Gift Card Solutions, Inc., a Florida corporation (“J.Jill Gift Card Solutions” and together with Jill Acquisition, each a “Borrower” and collectively, the
“Borrowers”), J.Jill, Inc., a Delaware corporation (“Parent”), CIT Finance LLC, as administrative agent and collateral agent (in such capacities, the “Agent”) and the Lenders party thereto.
Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Forbearance Agreement. 

Pursuant to Section 6.06 of the Forbearance Agreement, the Forbearance Agreement may only be amended or modified in writing by the Credit
Parties and the Required Lenders (or the Agent at the direction of the Required Lenders), subject to any additional requirements under the Credit Agreement, if applicable; provided that, at the option of the Required Lenders in their sole
discretion, any such amendment may be effectuated through email confirmation. 
 The Credit Parties have requested, notwithstanding the
terms and conditions of the Forbearance Agreement, that the Agent and the Required Lenders consent to and approve the following amendments to the Forbearance Agreement: 
  

	 	1.	 The reference to “September 26, 2020” in Section 2.02(a) of the Forbearance Agreement shall
be replaced with “October 1, 2020”; 

  

	 	2.	 The reference to “September 26, 2020” in Section 4.01(e) of the Forbearance Agreement shall be
replaced with “October 1, 2020”; and 

  

	 	3.	 Section 4.03 of the Forbearance Agreement shall be amended and restated in its entirety as follows:

 “4.03 Payment of Expenses. The Credit Parties agree to pay and reimburse the Agent promptly for all of its
heretofore and hereafter incurred reasonable and documented out-of-pocket costs and expenses in accordance with Section 13.01(i) of the Credit Agreement arising in
connection with this Agreement, the Credit Agreement and the other Credit Documents, including the reasonable fees and disbursements of Proskauer Rose LLP (“Proskauer”) and M-III Partners, LP
(“MIII”); in furtherance of the foregoing, the Credit Parties agree to pay to MIII an evergreen retainer in an amount equal to $50,000 within one (1) Business Day after receipt of an invoice therefor, including wire
instructions, which may be applied by MIII against amounts from time to time owing to it, and further agree to pay for professional fees and out-of-pocket expenses of
MIII to the extent invoiced, on a semi-monthly basis.” 
 ; and 

	 	4.	 The reference to “September 26, 2020” in Section 6.01(b) of the Forbearance Agreement shall be
replaced with “October 1, 2020” 

 (collectively, the “Proposed Amendments”). 

We have been authorized on behalf of the Agent and the Required Lenders to consent to and approve the Proposed Amendments. Such consent agreed
to herein (a) is strictly limited to the Proposed Amendments, (b) shall not extend nor be deemed to extend to any other Event of Termination, Default or Event of Default that may now exist or hereafter arise under the Forbearance
Agreement, the Credit Agreement or any of the other Credit Documents, whether similar or dissimilar to the matters consented to herein, or to any other covenant, representation, warranty, or agreement under the Forbearance Agreement, the Credit
Agreement or any of the other Credit Documents, (c) shall not impair, restrict or limit any right or remedy of the Agent or any Lender with respect to the Forbearance Agreement, the Credit Agreement or any of the other Credit Documents, and
(d) shall not constitute any course of dealing or other basis for altering any obligation of the Credit Parties, or any right, privilege or remedy of the Agent and the Lenders, under the Forbearance Agreement, the Credit Agreement or any of the
other Credit Documents. Other than the Proposed Amendments, all of the other terms, provisions and conditions of the Forbearance Agreement shall remain unaltered and in full force and effect and are hereby ratified, confirmed and reaffirmed by the
Credit Parties as of, and through, the date hereof, including, without limitation the following: (i) all of the Credit Parties’ representations and warranties contained in Section V of the Forbearance Agreement are reaffirmed and are true,
correct and complete through the date hereof; (ii) the Credit Parties represent and warrant that no Event of Termination has occurred under the Forbearance Agreement; and (iii) the release set forth in Section 4.04 of the Forbearance
Agreement is reaffirmed and granted by Releasors through the date hereof. 
 The effectiveness of the Proposed Amendments (including the
consent of the Agent and the Lenders thereto) is further subject to our receipt of (a) the consent (which may be made via email) of the Credit Parties to the Proposed Amendments upon the terms and conditions set forth herein, and (b) the
consent (which may be made via email) of the Term Loan Agent, the “Required Forbearing Lenders” party to (and as defined in) the Term Loan Forbearance Agreement and the Credit Parties, confirming an amendment to the stated termination date
of the Forbearance Period under the Term Loan Forbearance Agreement to October 1, 2020, in form and substance reasonably acceptable to the Agent and the Lenders. 

  
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