Document:

Exhibit 10.8

 

COLICITY INC.

2300 Carillon Point

Kirkland, WA 98033

 

February [__], 2021

 

X-icity Holdings Corporation

2300 Carillon Point

Kirkland, WA 98033

 

Re: Administrative Services Agreement

 

Ladies and Gentlemen:

 

This letter agreement
(this “Agreement”) by and among Colicity Inc. (the “Company”) and X-icity Holdings
Corporation (the “Sponsor”), dated as of the date hereof, will confirm our agreement that, commencing
on the date the securities of the Company are first listed on The Nasdaq Capital Market (the “Listing Date”),
pursuant to a Registration Statement on Form S-1 and prospectus filed with the U.S. Securities and Exchange Commission (the
“Registration Statement”) and continuing until the earlier of the consummation by the Company of an initial
business combination or the Company’s liquidation (in each case as described in the Registration Statement) (such earlier
date hereinafter referred to as the “Termination Date”):

 

1. The Sponsor shall
make available, or cause to be made available, to the Company, at 2300 Carillon Point, Kirkland, WA 98033 (or any successor location),
office space and secretarial and administrative services as may be reasonably required by the Company. In exchange therefor, the
Company shall pay the Sponsor $10,000 per month on the Listing Date and continuing monthly thereafter until the Termination Date;
and

 

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

 

This 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 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 Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the
other party. Any purported assignment in violation of this paragraph shall be void and ineffectual and shall not operate to transfer
or assign any interest or title to the purported assignee.

 

This Agreement constitutes
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.

 

[Signature Page Follows]

 

    

     

    

 

	 	Very truly yours,
	 	 	 
	 	COLICITY INC.
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

	AGREED AND ACCEPTED BY:	 
	 	 
	X-ICITY HOLDINGS CORPORATION	 
	 	 	 
	By:	 	 
	 	Name:	 
	 	Title:	 

  

[Signature Page to Administrative Services
Agreement]Exhibit 4(b)

 

AMERICAN
EXPRESS COMPANY

As Issuer

 

And

 

THE
BANK OF NEW YORK MELLON

formerly known as The Bank of New York

As Trustee

 

FIRST
SUPPLEMENTAL INDENTURE

 

dated
as of February 12, 2021

 

to

 

THE
SENIOR INDENTURE

 

dated as of August 1, 2007

 

     

     

    

 

FIRST SUPPLEMENTAL INDENTURE (this “First
Supplemental Indenture”), dated as of February 12, 2021, between AMERICAN EXPRESS COMPANY, a corporation duly organized
and existing under the laws of New York (herein called the “Company”) having its principal office at 200 Vesey Street,
New York, NY 10285, and THE BANK OF NEW YORK MELLON (formerly known as The Bank of New York), a national banking association, as
Trustee (herein called the “Trustee”).

 

WITNESSETH

 

WHEREAS,
the Company and the Trustee have executed and delivered a Senior Indenture, dated as of August 1, 2007 (the “Original
Indenture,” and, together with this First Supplemental Indenture, the “Indenture”), providing for the issuance
of the Company’s debentures, notes or other evidences of unsecured indebtedness to be issued in one or more series
(the “Securities”) up to such principal amount or amounts as may from time to time be authorized by or pursuant to
the authority granted in one or more resolutions of the Board of Directors.

 

WHEREAS,
Section 11.01 of the Original Indenture provides that the Company, when authorized by or pursuant to the authority
granted in a resolution of its Board of Directors, and the Trustee, at any time and from time to time, may, without consent of
Holders, enter into one or more indentures supplemental thereto, in form satisfactory to the Trustee to add to, change or eliminate
any of the provisions of the Indenture; provided, that any such addition, change or elimination shall not apply to any outstanding
Security.

 

WHEREAS, this First Supplemental Indenture
will not apply to any outstanding Security because the amendments contained in this First Supplemental Indenture will apply only
to Securities of a series created pursuant to the Indenture on or after the date hereof.

 

WHEREAS, the Company desires, and has requested,
the Trustee to join with it in entering into this First Supplemental Indenture for the purpose of amending the Original Indenture
in certain respects as permitted by Section 11.01 of the Original Indenture.

 

WHEREAS,
the entry into this First Supplemental Indenture, as required by Section 11 of the Original Indenture, has been authorized
by a resolution of its Board of Directors.

 

WHEREAS, all actions required by the Company
to be taken in order to make this First Supplemental Indenture a valid and legally binding instrument in accordance with its terms,
have been taken and performed, and the execution and delivery of this First Supplemental Indenture has been duly authorized in
all respects.

 

NOW, THEREFORE, the Company and the Trustee
mutually covenant and agree as follows:

 

Article 1

DEFINITIONS

 

Section 101. Relation to Original
Indenture.

 

		(a)	This First Supplemental Indenture shall constitute an integral part of the Original Indenture.

 

    2

     

    

 

Section 102. Definitions. For
all purposes of this First Supplemental Indenture, except as otherwise expressly provided for or unless the context otherwise requires:

 

		(a)	Capitalized terms used but not defined herein shall have the respective meanings assigned to them in the Original Indenture;

 

		(b)	Terms defined both herein and in the Original Indenture shall have the meanings assigned to them herein.

 

Article 2

AMENDMENTS TO THE INDENTURE

 

For all Securities of a series created pursuant
to the Original Indenture on or after the date hereof, the Original Indenture is hereby amended as follows:

 

Section 201. Amendments to Section 1.01.
The following changes are made to Section 1.01 of the Original Indenture:

 

The
definition of “Principal Subsidiaries” is deleted, amended and restated in its entirety to read
as follows:

 

““Principal
Subsidiary” of the Company means the following so long as it continues to be a Subsidiary: American Express
Travel Related Services Company, Inc. and any one or more Subsidiaries of the Company that shall succeed to all or substantially
all of the business of such Subsidiary or succeed to the ownership of all or substantially all of the property and assets of such
Subsidiary.”

 

The
definition of “Officer” is deleted, amended and restated in its entirety to read as follows:

 

““Officer”
means the Chairman of the Board, any one of the Vice Chairmen, the President, any one of the Vice Presidents, the Treasurer,
any one of the Assistant Treasurers, the Controller, any one of the Assistant Controllers, the Secretary, the Deputy Corporate
Secretary or any one of the Assistant Secretaries of the Company.”

 

Section 202. Amendment to Section 3.04.
The following change is made to Section 3.04 of the Original Indenture:

 

The first two sentences of Section 3.04(a) shall
be deleted, amended and restated in its entirety to read as follows:

 

“The
Securities shall be signed in the name and on behalf of the Company by the manual, facsimile or electronic signatures of
its Chairman of the Board, any one of its Vice Chairmen, its President or any one of its Vice Presidents and attested to by its
Secretary or any one of its Assistant Secretaries, whose signatures may be manual, facsimile or electronic. Only such Securities
as shall bear thereon a certificate of authentication substantially in the form hereinbefore recited, executed by or on behalf
of the Trustee by manual, facsimile or electronic signature, shall be entitled to the benefits of this Indenture or be valid or
obligatory for any purpose.

 

    3

     

    

 

Section 203. Further Amendments
to Sections 1.01 and 3.04 and Amendments to Sections 3.03 and 5.03. The following changes are made to Sections 1.01, 3.03,
3.04 and 5.03 of the Original Indenture:

 

Any
reference in the Original Indenture (as amended by Section 201 of this First Supplemental Indenture) to an Assistant Secretary,
Assistant Treasurer or Assistant Controller means any deputy, associate or assistant (or any person performing similar functions)
to the Secretary, Treasurer or Controller.

 

Section 203. Amendment to Section 4.04.
The following changes are made to Section 4.04 of the Original Indenture:

 

The number 30 in the first sentence of Section 4.04
is replaced with the number 5.

 

The following language is added after the
first sentence of Section 4.04

 

“Any
notice of redemption of the senior debt securities to be redeemed at our option may state that such redemption shall be conditional,
in the Company’s discretion, on one or more conditions precedent, and that the Redemption Date may (but shall not be required
to) be delayed until such time as any or all of such conditions have been satisfied, and that such conditional notice of redemption
may be rescinded by the Company if the Company determines that any or all of such conditions will not be satisfied by the Redemption
Date, and that in such event, such redemption notice shall be of no further force or effect and the Company shall not be required
to redeem the Securities of the series to have been redeemed on the Redemption Date or otherwise. Notice shall be given
to each Holder of Securities of the series to be redeemed, at his address appearing in the Securities Register.”

 

Section 204. Amendment to Section 7.01.
The following change is made to Section 7.01 of the Original Indenture:

 

The definition of “Events of Default”
contained in Section 7.01 of the Original Indenture is hereby amended by deleting the existing Section 7.01(f) and
replacing it with the following, and references in the Indenture to “Events of Default” shall mean Events of Default
as such term is so amended:

 

“(f)  [Intentionally omitted]”

 

    4

     

    

 

Section 205. Amendments to Section 9.04.
The following changes are made to Section 9.04 of the Original Indenture:

 

The first sentence of Section 9.04(a) of
the Original Indenture shall be deleted, amended and restated in its entirety to read as follows:

 

“file
with the Trustee for the Securities of each series, such information, documents and other reports, and such summaries thereof,
as may be required pursuant to the Trust Indenture Act at the times and in the manner provided pursuant to such Act; provided
that any such information, documents or reports filed with the Commission pursuant to Section 13 or 15(d) of the
Exchange Act shall be filed with the Trustee within 15 days after the same is filed with the Commission and that to the extent
information, documents or reports are filed with the Commission and required to be delivered to the Trustee, the availability of
such information, documents or reports on the Commission's Electronic Data Gathering Analysis and Retrieval system or any successor
thereto or the Company's website will be deemed to have satisfied such delivery requirements to the Trustee;”

 

The following shall be added at the end
of Section 9.04(c):

 

“To the extent information, documents or reports
are filed with the Commission and required to be delivered to the Holders, the availability of such information, documents or reports
on the Commission's Electronic Data Gathering Analysis and Retrieval system or any successor thereto or the Company's website will
be deemed to have satisfied such delivery requirements to the Holders.”

 

Section 206. Amendments to Section 12.07.
The following changes are made to Section 12.07 of the Original Indenture:

 

References in Section 12.07 to “any
of the Principal Subsidiaries” are deleted and replaced with a reference to “any Principal Subsidiary.”

 

Article 3

MISCELLANOUS

 

Section 301. Effect of First Supplemental
Indenture. Upon the execution and delivery of this First Supplemental Indenture by each of the Company and the Trustee, the
Original Indenture shall be supplemented in accordance herewith, and this First Supplemental Indenture shall form a part of the
Indenture for all purposes.

 

Section 302. Confirmation of Indenture.
The Original Indenture, as supplemented and amended by this First Supplemental Indenture, is in all respects ratified and confirmed,
and the Original Indenture and this First Supplemental Indenture shall be read, taken and construed as one and the same instrument.
This First Supplemental Indenture constitutes an integral part of the Indenture. In the event of a conflict between the terms and
conditions of the Original Indenture and the terms and conditions of this First Supplemental Indenture, the terms and conditions
of this First Supplemental Indenture shall prevail.

 

Section 303. Governing Law.
This First Supplemental Indenture shall be governed by and construed in accordance with the laws of the State of New York.

 

    5

     

    

 

Section 304. Separability. In
case any provision contained in this First Supplemental Indenture shall be invalid, illegal or unenforceable, the validity, legality
and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

 

Section 305. Effect of Headings.
The titles and headings of the articles and sections of this First Supplemental Indenture have been inserted for convenience of
reference only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or provisions hereof.

 

Section 306. Counterparts. This
First Supplemental Indenture may be executed in any number of counterparts, each of which shall be an original, but such counterparts
shall together constitute but one and the same instrument. Each party agrees that this First Supplemental Indenture may be electronically
or digitally signed, and that any such electronic or digital signatures appearing on this First Supplemental Indenture are the
same as handwritten signatures for the purposes of validity, enforceability and admissibility.

 

Section 307. Trustee. The Trustee
makes no representations as to the validity or sufficiency of this First Supplemental Indenture. The statements and recitals herein
are deemed to be those of the Company and not of the Trustee.

 

[Signature page follows]

 

    6

     

    

 

IN WITNESS WHEREOF, the parties hereto have caused this First
Supplemental Indenture to be duly executed as of the day and year first above written.

 

	 	AMERICAN EXPRESS COMPANY
	 	as Issuer

 

	 	By:	/s/ David L. Yowan
	 	 	Name: David L. Yowan
	 	 	Title:   Treasurer

 

	 	THE BANK OF NEW YORK MELLON
	 	as Trustee

 

	 	By:	/s/ Francine Kincaid 
	 	 	Name: Francine Kincaid
	 	 	Title:   Vice President

 

[Signature Page for the Supplemental Indenture]

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