Document:

Exhibit 10.14

 

Execution Version

 

AMENDED AND RESTATED

REGISTRATION RIGHTS AGREEMENT

 

THIS AMENDED AND RESTATED
REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of December 18, 2020, is made and entered
into by and among Opendoor Technologies Inc., a Delaware corporation (the “Company”) (formerly known
as Social Capital Hedosophia Holdings Corp. II, a Cayman Islands exempted company limited by shares prior to its domestication
as a Delaware corporation), SCH Sponsor II LLC, a Cayman Islands limited liability company (the “Sponsor”),
certain former stockholders of Opendoor Labs Inc., a Delaware corporation (“Opendoor”) identified on
the signature pages hereto (such stockholders, the “Opendoor Holders”), Cipora Herman, David Spillane
(together with Cipora Herman, the “Director Holders”) and ChaChaCha SPAC B LLC, Hedosophia Group Limited,
Hedosophia Public Investments Limited, Longsutton Limited and 010118 Management, L.P. (collectively, the “Investor
Stockholders” and, collectively with the Sponsor, the Opendoor Holders, the Director Holders and any person or entity
who hereafter becomes a party to this Agreement pursuant to Section 6.2 or Section 6.10 of this Agreement,
the “Holders” and each, a “Holder”).

 

RECITALS

 

WHEREAS, the
Company and the Sponsor are party to that certain Registration Rights Agreement, dated as of April 27, 2020 (the “Original
RRA”);

 

WHEREAS, the
Company has entered into that certain Agreement and Plan of Merger, dated as of September 15, 2020, (as it may be amended
or supplemented from time to time, the “Merger Agreement”), by and among the Company, Hestia Merger
Sub Inc., a Delaware corporation and a direct wholly owned subsidiary of the Company, and Opendoor;

 

WHEREAS, on
the date hereof, pursuant to the Merger Agreement, the Opendoor Holders received shares of common stock, par value $0.0001 per
share (the “Common Stock”), of the Company;

 

WHEREAS, on
the date hereof, the Investor Stockholders, certain Opendoor Holders and certain other investors (such other investors, collectively,
the “Third Party Investor Stockholders”) purchased an aggregate of 60,005,000 shares of Common Stock
(the “Investor Shares”) in a transaction exempt from registration under the Securities Act pursuant
to the respective Subscription Agreement, each dated as of September 15, 2020, entered into by and between the Company and
each of the Investor Stockholders and the Third Party Investor Stockholders (each, a “Subscription Agreement”
and, collectively, the “Subscription Agreements”);

 

WHEREAS, pursuant
to Section 5.5 of the Original RRA, the provisions, covenants and conditions set forth therein may be amended or modified
upon the written consent of the Company and the Holders (as defined in the Original RRA) of at least a majority-in-interest of
the Registrable Securities (as defined in the Original RRA) at the time in question, and the Sponsor and the Director Holders
are Holders in the aggregate of at least a majority-in-interest of the Registrable Securities as of the date hereof; and

 

    

     

    

 

WHEREAS, the
Company, the Sponsor and the Director Holders desire to amend and restate the Original RRA in its entirety and enter into this
Agreement, pursuant to which the Company shall grant the Holders certain registration rights with respect to certain securities
of the Company, as set forth in this Agreement.

 

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

 

ARTICLE I

 

DEFINITIONS

 

1.1            Definitions

 

. The terms defined in this Article I
shall, for all purposes of this Agreement, have the respective meanings set forth below:

 

“Additional
Holder” shall have the meaning given in Section 6.10.

 

“Additional
Holder Common Stock” shall have the meaning given in Section 6.10.

 

“Adverse
Disclosure” shall mean any public disclosure of material non-public information, which disclosure, in the good faith
judgment of the Chief Executive Officer or the Chief Financial Officer of the Company, after consultation with counsel to the
Company, (i) would be required to be made in any Registration Statement or Prospectus in order for the applicable Registration
Statement or Prospectus not to contain any untrue statement of a material fact or omit to state a material fact necessary to make
the statements contained therein (in the case of any prospectus and any preliminary prospectus, in the light of the circumstances
under which they were made) not misleading, (ii) would not be required to be made at such time if the Registration Statement
were not being filed, declared effective or used, as the case may be, and (iii) the Company has a bona fide business purpose
for not making such information public.

 

“Agreement”
shall have the meaning given in the Preamble hereto.

 

“Block
Trade” shall have the meaning given in Section 2.4.1.

 

“Board”
shall mean the Board of Directors of the Company.

 

“Closing”
shall have the meaning given in the Merger Agreement.

 

“Closing
Date” shall have the meaning given in the Merger Agreement.

 

“Commission”
shall mean the Securities and Exchange Commission.

 

“Common
Stock” shall have the meaning given in the Recitals hereto.

 

    

     

    

 

“Company”
shall have the meaning given in the Preamble hereto and includes the Company’s successors by recapitalization, merger, consolidation,
spin-off, reorganization or similar transaction.

 

“Competing
Registration Rights” shall have the meaning given in Section 6.7.

 

“Demanding
Holder” shall have the meaning given in Section 2.1.4.

 

“Director
Holders” shall have the meaning given in the Preamble hereto.

 

“Exchange
Act” shall mean the Securities Exchange Act of 1934, as it may be amended from time to time.

 

“Form S-1
Shelf” shall have the meaning given in Section 2.1.1.

 

“Form S-3
Shelf” shall have the meaning given in Section 2.1.1.

 

“Holder
Information” shall have the meaning given in Section 4.1.2.

 

“Holders”
shall have the meaning given in the Preamble hereto, for so long as such person or entity holds any Registrable Securities.

 

“Insider
Letter” means that certain letter agreement, dated as of April 27, 2020, by and among the Company, the Sponsor
and certain of the Company’s current and former officers and directors.

 

“Investor
Shares” shall have the meaning given in the Recitals hereto.

 

“Investor
Stockholders” shall have the meaning given in the Preamble hereto.

 

“Joinder”
shall have the meaning given in Section 6.10.

 

“Lock-up”
shall have the meaning given in Section 5.1.

 

“Lock-up
Period” shall mean the period beginning on the Closing Date and ending on the earlier of (i) the date that
is 180 days after the Closing Date and (ii) for 50% of the Lock-up Shares held by the Sponsor and each Opendoor Holder and
their respective Permitted Transferees (determined as if, with respect to any OD Equity Award Shares that are net settled, such
OD Equity Award Shares were instead cash settled), the date on which the last reported sale price of the Common Stock equals or
exceeds $15.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for
any twenty (20) trading days within any thirty (30)-trading day period commencing at least ninety (90) days after the Closing
Date. For the avoidance of doubt, the Lock-up Period for any Lock-up Shares for which the Lock-up Period has not ended on the
date that is 180 days after the Closing Date shall end on such 180th day after the Closing Date.

 

    

     

    

 

“Lock-up
Shares” shall mean with respect to (i) the Sponsor and its Permitted Transferees, the shares of Common Stock
held by the Sponsor immediately following the Closing (other than the Investor Shares or shares of Common Stock acquired in the
public market) and (ii) the Opendoor Holders and their respective Permitted Transferees, (a) the shares of Common Stock
held by the Opendoor Holders immediately following the Closing (other than the Investor Shares or shares of Common Stock acquired
in the public market) and (b) the OD Equity Award Shares.

 

“Maximum
Number of Securities” shall have the meaning given in Section 2.1.5.

 

“Merger
Agreement” shall have the meaning given in the Recitals hereto.

 

“Minimum
Takedown Threshold” shall have the meaning given in Section 2.1.4.

 

“Misstatement”
shall mean an untrue statement of a material fact or an omission to state a material fact required to be stated in a Registration
Statement or Prospectus or necessary to make the statements in a Registration Statement or Prospectus (in the case of a Prospectus,
in the light of the circumstances under which they were made) not misleading.

 

“OD Equity
Award Shares” shall mean the shares of Common Stock issued to directors, officers and employees of the Company upon
the settlement or exercise of restricted stock units, stock options or other equity awards outstanding as of immediately following
the Closing in respect of awards of Opendoor outstanding immediately prior to the Closing.

 

“Opendoor”
shall have the meaning given in the Preamble hereto.

 

“Opendoor
Holders” shall have the meaning given in the Preamble hereto.

 

“Original
RRA” shall have the meaning given in the Recitals hereto.

 

“Other
Coordinated Offering” shall have the meaning given in Section 2.4.1.

 

“Permitted
Transferees” shall mean (a) with respect to the Sponsor and its respective Permitted Transferees, (i) prior
to the expiration of the Lock-up Period, any person or entity to whom such Holder is permitted to transfer such Registrable Securities
prior to the expiration of the Lock-up Period pursuant to Section 5.2 and (ii) after the expiration of the Lock-up
Period, any person or entity to whom such Holder is permitted to transfer such Registrable Securities, subject to and in accordance
with any applicable agreement between such Holder and/or their respective Permitted Transferees and the Company and any transferee
thereafter; (b) with respect to the Opendoor Holders and their respective Permitted Transferees, (i) prior to the expiration
of the Lock-up Period, any person or entity to whom such Holder is permitted to transfer such Registrable Securities prior to
the expiration of the Lock-up Period pursuant to Section 5.2 and (ii) after the expiration of the Lock-up Period,
any person or entity to whom such Holder is permitted to transfer such Registrable Securities, subject to and in accordance with
any applicable agreement between such Holder and/or their respective Permitted Transferees and the Company and any transferee
thereafter; and (c) with respect to all other Holders and their respective Permitted Transferees, any person or entity to
whom such Holder of Registrable Securities is permitted to transfer such Registrable Securities, subject to and in accordance
with any applicable agreement between such Holder and/or their respective Permitted Transferees and the Company and any transferee
thereafter.

 

    

     

    

 

“Piggyback
Registration” shall have the meaning given in Section 2.2.1.

 

“Prospectus”
shall mean the prospectus included in any Registration Statement, as supplemented by any and all prospectus supplements and as
amended by any and all post-effective amendments and including all material incorporated by reference in such prospectus.

 

“Registrable
Security” shall mean (a) any outstanding shares of Common Stock or any other equity security (including warrants
to purchase shares of Common Stock and shares of Common Stock issued or issuable upon the exercise of any other equity security)
of the Company held by a Holder immediately following the Closing (including any securities distributable pursuant to the Merger
Agreement and any Investor Shares); (b) any outstanding shares of Common Stock or any other equity security (including warrants
to purchase shares of Common Stock and shares of Common Stock issued or issuable upon the exercise of any other equity security)
of the Company acquired by a Holder following the date hereof to the extent that such securities are “restricted securities”
(as defined in Rule 144) or are otherwise held by an “affiliate” (as defined in Rule 144) of the Company;
(c) any Additional Holder Common Stock; and (d) any other equity security of the Company or any of its subsidiaries
issued or issuable with respect to any securities referenced in clause (a), (b) or (c) above by way of a stock
dividend or stock split or in connection with a recapitalization, merger, consolidation, spin-off, reorganization or similar transaction;
provided, however, that, as to any particular Registrable Security, such securities shall cease to be Registrable
Securities upon the earliest to occur of: (A) a Registration Statement with respect to the sale of such securities shall
have become effective under the Securities Act and such securities shall have been sold, transferred, disposed of or exchanged
in accordance with such Registration Statement by the applicable Holder; (B)(i) such securities shall have been otherwise
transferred, (ii) new certificates for such securities not bearing (or book entry positions not subject to) a legend restricting
further transfer shall have been delivered by the Company and (iii) subsequent public distribution of such securities shall
not require registration under the Securities Act; (C) such securities shall have ceased to be outstanding; (D) such
securities may be sold without registration pursuant to Rule 144 or any successor rule promulgated under the Securities
Act (but with no volume or other restrictions or limitations including as to manner or timing of sale); and (E)  such securities
have been sold to, or through, a broker, dealer or underwriter in a public distribution or other public securities transaction.

 

“Registration”
shall mean a registration, including any related Shelf Takedown, effected by preparing and filing a registration statement, Prospectus
or similar document in compliance with the requirements of the Securities Act, and the applicable rules and regulations promulgated
thereunder, and such registration statement becoming effective.

 

“Registration
Expenses” shall mean the documented, out-of-pocket expenses of a Registration, including, without limitation, the
following:

 

(A)            all
registration and filing fees (including fees with respect to filings required to be made with the Financial Industry Regulatory
Authority, Inc.) and any national securities exchange on which the Common Stock is then listed;

 

    

     

    

 

(B)            fees
and expenses of compliance with securities or blue sky laws (including reasonable fees and disbursements of outside counsel for
the Underwriters in connection with blue sky qualifications of Registrable Securities);

 

(C)            printing,
messenger, telephone and delivery expenses;

 

(D)            reasonable
fees and disbursements of counsel for the Company;

 

(E)             reasonable
fees and disbursements of all independent registered public accountants of the Company incurred specifically in connection with
such Registration; and

 

(F)             in
an Underwritten Offering or Other Coordinated Offering, reasonable fees and expenses of one (1) legal counsel selected by
the majority-in-interest of the Demanding Holders.

 

“Registration
Statement” shall mean any registration statement that covers Registrable Securities pursuant to the provisions of
this Agreement, including the Prospectus included in such registration statement, amendments (including post-effective amendments)
and supplements to such registration statement, and all exhibits to and all material incorporated by reference in such registration
statement.

 

“Requesting
Holders” shall have the meaning given in Section 2.1.5.

 

“Securities
Act” shall mean the Securities Act of 1933, as amended from time to time.

 

“Shelf”
shall mean the Form S-1 Shelf, the Form S-3 Shelf or any Subsequent Shelf Registration Statement, as the case may be.

 

“Shelf
Registration” shall mean a registration of securities pursuant to a registration statement filed with the Commission
in accordance with and pursuant to Rule 415 promulgated under the Securities Act (or any successor rule then in effect).

 

“Shelf
Takedown” shall mean an Underwritten Shelf Takedown or any proposed transfer or sale using a Registration Statement,
including a Piggyback Registration.

 

“Sponsor”
shall have the meaning given in the Preamble hereto.

 

“Subsequent
Shelf Registration Statement” shall have the meaning given in Section 2.1.2.

 

“Transfer”
shall mean the (a) sale or assignment of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any
option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of
a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16
of the Exchange Act with respect to, any security, (b) entry into any swap or other arrangement that transfers to another,
in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled
by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction
specified in clause (a) or (b).

 

    

     

    

 

“Underwriter”
shall mean a securities dealer who purchases any Registrable Securities as principal in an Underwritten Offering and not as part
of such dealer’s market-making activities.

 

“Underwritten
Offering” shall mean a Registration in which securities of the Company are sold to an Underwriter in a firm commitment
underwriting for distribution to the public.

 

“Underwritten
Shelf Takedown” shall have the meaning given in Section 2.1.4.

 

“Withdrawal
Notice” shall have the meaning given in Section 2.1.6.

 

ARTICLE II

 

REGISTRATIONS
AND OFFERINGS

 

2.1            Shelf
Registration.

 

2.1.1            Filing.
Within thirty (30) calendar days following the Closing Date, the Company shall submit to or file with the Commission a Registration
Statement for a Shelf Registration on Form S-1 (the “Form S-1 Shelf”) or a Registration Statement
for a Shelf Registration on Form S-3 (the “Form S-3 Shelf”), if the Company is then eligible
to use a Form S-3 Shelf, in each case, covering the resale of all the Registrable Securities (determined as of two (2) business
days prior to such submission or filing) on a delayed or continuous basis and shall use its commercially reasonable efforts to
have such Shelf declared effective as soon as practicable after the filing thereof, but no later than the earlier of (a) the
ninetieth (90th) calendar day following the filing date thereof if the Commission notifies the Company that it will
 “review” the Registration Statement and (b) the tenth (10th) business day after the date the Company
is notified (orally or in writing, whichever is earlier) by the Commission that the Registration Statement will not be “reviewed”
or will not be subject to further review. Such Shelf shall provide for the resale of the Registrable Securities included therein
pursuant to any method or combination of methods legally available to, and requested by, any Holder named therein. The Company
shall maintain a Shelf in accordance with the terms hereof, and shall prepare and file with the Commission such amendments, including
post-effective amendments, and supplements as may be necessary to keep a Shelf continuously effective, available for use to permit
the Holders named therein to sell their Registrable Securities included therein and in compliance with the provisions of the Securities
Act until such time as there are no longer any Registrable Securities. In the event the Company files a Form S-1 Shelf, the
Company shall use its commercially reasonable efforts to convert the Form S-1 Shelf (and any Subsequent Shelf Registration
Statement) to a Form S-3 Shelf as soon as practicable after the Company is eligible to use Form S-3. The Company’s
obligation under this Section 2.1.1, shall, for the avoidance of doubt, be subject to Section 3.4.

 

    

     

    

 

2.1.2            Subsequent
Shelf Registration. If any Shelf ceases to be effective under the Securities Act for any reason at any time while Registrable
Securities are still outstanding, the Company shall, subject to Section 3.4, use its commercially reasonable efforts
to as promptly as is reasonably practicable cause such Shelf to again become effective under the Securities Act (including using
its commercially reasonable efforts to obtain the prompt withdrawal of any order suspending the effectiveness of such Shelf),
and shall use its commercially reasonable efforts to as promptly as is reasonably practicable amend such Shelf in a manner reasonably
expected to result in the withdrawal of any order suspending the effectiveness of such Shelf or file an additional registration
statement as a Shelf Registration (a “Subsequent Shelf Registration Statement”) registering the resale
of all Registrable Securities (determined as of two (2) business days prior to such filing), and pursuant to any method or
combination of methods legally available to, and requested by, any Holder named therein. If a Subsequent Shelf Registration Statement
is filed, the Company shall use its commercially reasonable efforts to (i) cause such Subsequent Shelf Registration Statement
to become effective under the Securities Act as promptly as is reasonably practicable after the filing thereof (it being agreed
that the Subsequent Shelf Registration Statement shall be an automatic shelf registration statement (as defined in Rule 405
promulgated under the Securities Act) if the Company is a well-known seasoned issuer (as defined in Rule 405 promulgated
under the Securities Act) at the most recent applicable eligibility determination date) and (ii) keep such Subsequent Shelf
Registration Statement continuously effective, available for use to permit the Holders named therein to sell their Registrable
Securities included therein and in compliance with the provisions of the Securities Act until such time as there are no longer
any Registrable Securities. Any such Subsequent Shelf Registration Statement shall be on Form S-3 to the extent that the
Company is eligible to use such form. Otherwise, such Subsequent Shelf Registration Statement shall be on another appropriate
form. The Company’s obligation under this Section 2.1.2, shall, for the avoidance of doubt, be subject to Section 3.4.

 

2.1.3            Additional
Registrable Securities. Subject to Section 3.4, in the event that any Holder holds Registrable Securities that
are not registered for resale on a delayed or continuous basis, the Company, upon written request of the Sponsor, an Opendoor
Holder, an Investor Stockholder or a Director Holder, shall promptly use its commercially reasonable efforts to cause the resale
of such Registrable Securities to be covered by either, at the Company’s option, any then available Shelf (including by
means of a post-effective amendment) or by filing a Subsequent Shelf Registration Statement and cause the same to become effective
as soon as practicable after such filing and such Shelf or Subsequent Shelf Registration Statement shall be subject to the terms
hereof; provided, however, that the Company shall only be required to cause such Registrable Securities to be so
covered twice per calendar year for each of the Sponsor, the Opendoor Holders, the Investor Stockholders and the Director Holders.

 

2.1.4            Requests
for Underwritten Shelf Takedowns. Subject to Section 3.4, at any time and from time to time when an effective
Shelf is on file with the Commission, the Sponsor, an Investor Stockholder or an Opendoor Holder (any of the Sponsor, an Investor
Stockholder or an Opendoor Holder being in such case, a “Demanding Holder”) may request to sell all
or any portion of its Registrable Securities in an Underwritten Offering that is registered pursuant to the Shelf (each, an “Underwritten
Shelf Takedown”); provided that the Company shall only be obligated to effect an Underwritten Shelf Takedown
if such offering shall include Registrable Securities proposed to be sold by the Demanding Holder, either individually or together
with other Demanding Holders, with a total offering price reasonably expected to exceed, in the aggregate, $100 million (the “Minimum
Takedown Threshold”). All requests for Underwritten Shelf Takedowns shall be made by giving written notice to the
Company, which shall specify the approximate number of Registrable Securities proposed to be sold in the Underwritten Shelf Takedown.
Subject to Section 2.4.4, the Company shall have the right to select the Underwriters for such offering (which shall
consist of one or more reputable nationally recognized investment banks), subject to the initial Demanding Holder’s prior
approval (which shall not be unreasonably withheld, conditioned or delayed). The Sponsor, an Investor Stockholder and an Opendoor
Holder may each demand not more than two (2) Underwritten Shelf Takedowns pursuant to this Section 2.1.4 in any
twelve (12) month period. Notwithstanding anything to the contrary in this Agreement, the Company may effect any Underwritten
Offering pursuant to any then effective Registration Statement, including a Form S-3, that is then available for such offering.

 

    

     

    

 

2.1.5            Reduction
of Underwritten Offering. If the managing Underwriter or Underwriters in an Underwritten Shelf Takedown, in good faith, advises
the Company, the Demanding Holders and the Holders requesting piggy back rights pursuant to this Agreement with respect to such
Underwritten Shelf Takedown (the “Requesting Holders”) (if any) in writing that the dollar amount or
number of Registrable Securities that the Demanding Holders and the Requesting Holders (if any) desire to sell, taken together
with all other shares of Common Stock or other equity securities that the Company desires to sell and all other shares of Common
Stock or other equity securities, if any, that have been requested to be sold in such Underwritten Offering pursuant to separate
written contractual piggy-back registration rights held by any other stockholders, exceeds the maximum dollar amount or maximum
number of equity securities that can be sold in the Underwritten Offering without adversely affecting the proposed offering price,
the timing, the distribution method, or the probability of success of such offering (such maximum dollar amount or maximum number
of such securities, as applicable, the “Maximum Number of Securities”), then the Company shall include
in such Underwritten Offering, before including any shares of Common Stock or other equity securities proposed to be sold by Company
or by other holders of Common Stock or other equity securities, the Registrable Securities of the Demanding Holders and the Requesting
Holders (if any) (pro rata based on the respective number of Registrable Securities that each Demanding Holder and Requesting
Holder (if any) has requested be included in such Underwritten Shelf Takedown and the aggregate number of Registrable Securities
that the Demanding Holders and Requesting Holders have requested be included in such Underwritten Shelf Takedown) that can be
sold without exceeding the Maximum Number of Securities.

 

2.1.6            Withdrawal.
Prior to the filing of the applicable “red herring” prospectus or prospectus supplement used for marketing such Underwritten
Shelf Takedown, a majority-in-interest of the Demanding Holders initiating an Underwritten Shelf Takedown shall have the right
to withdraw from such Underwritten Shelf Takedown for any or no reason whatsoever upon written notification (a “Withdrawal
Notice”) to the Company and the Underwriter or Underwriters (if any) of their intention to withdraw from such Underwritten
Shelf Takedown; provided that the Sponsor, an Investor Stockholder or an Opendoor Holder may elect to have the Company
continue an Underwritten Shelf Takedown if the Minimum Takedown Threshold would still be satisfied by the Registrable Securities
proposed to be sold in the Underwritten Shelf Takedown by the Sponsor, the Investor Stockholders, the Opendoor Holders or any
of their respective Permitted Transferees, as applicable. If withdrawn, a demand for an Underwritten Shelf Takedown shall constitute
a demand for an Underwritten Shelf Takedown by the withdrawing Demanding Holder for purposes of Section 2.1.4, unless
either (i) such Demanding Holder has not previously withdrawn any Underwritten Shelf Takedown or (ii) such Demanding
Holder reimburses the Company for all Registration Expenses with respect to such Underwritten Shelf Takedown (or, if there is
more than one Demanding Holder, a pro rata portion of such Registration Expenses based on the respective number of Registrable
Securities that each Demanding Holder has requested be included in such Underwritten Shelf Takedown); provided that, if
the Sponsor, an Investor Stockholder or an Opendoor Holder elects to continue an Underwritten Shelf Takedown pursuant to the proviso
in the immediately preceding sentence, such Underwritten Shelf Takedown shall instead count as an Underwritten Shelf Takedown
demanded by the Sponsor, such Investor Stockholder or such Opendoor Holder, as applicable, for purposes of Section 2.1.4.
Following the receipt of any Withdrawal Notice, the Company shall promptly forward such Withdrawal Notice to any other Holders
that had elected to participate in such Shelf Takedown. Notwithstanding anything to the contrary in this Agreement, the Company
shall be responsible for the Registration Expenses incurred in connection with a Shelf Takedown prior to its withdrawal under
this Section 2.1.6, other than if a Demanding Holder elects to pay such Registration Expenses pursuant to clause (ii) of
the second sentence of this Section 2.1.6.

 

    

     

    

 

2.2            Piggyback
Registration.

 

2.2.1            Piggyback
Rights. Subject to Section 2.4.3, if the Company or any Holder proposes to conduct a registered offering of, or
if the Company proposes to file a Registration Statement under the Securities Act with respect to the Registration of, equity
securities, or securities or other obligations exercisable or exchangeable for, or convertible into equity securities, for its
own account or for the account of stockholders of the Company (or by the Company and by the stockholders of the Company including,
without limitation, an Underwritten Shelf Takedown pursuant to Section 2.1), other than a Registration Statement (or
any registered offering with respect thereto) (i) filed in connection with any employee stock option or other benefit plan,
(ii) pursuant to a Registration Statement on Form S-4 (or similar form that relates to a transaction subject to Rule 145
under the Securities Act or any successor rule thereto), (iii) for an offering of debt that is convertible into equity
securities of the Company, (iv) for a dividend reinvestment plan (v) a Block Trade or (vi) an Other Coordinated
Offering, then the Company shall give written notice of such proposed offering to all of the Holders of Registrable Securities
as soon as practicable but not less than ten (10) days before the anticipated filing date of such Registration Statement
or, in the case of an Underwritten Offering pursuant to a Shelf Registration, the applicable “red herring” prospectus
or prospectus supplement used for marketing such offering, which notice shall (A) describe the amount and type of securities
to be included in such offering, the intended method(s) of distribution, and the name of the proposed managing Underwriter
or Underwriters, if any, in such offering, and (B) offer to all of the Holders of Registrable Securities the opportunity
to include in such registered offering such number of Registrable Securities as such Holders may request in writing within five
(5) days after receipt of such written notice (such registered offering, a “Piggyback Registration”).
Subject to Section 2.2.2, the Company shall, in good faith, cause such Registrable Securities to be included in such
Piggyback Registration and, if applicable, shall use its commercially reasonable efforts to cause the managing Underwriter or
Underwriters of such Piggyback Registration to permit the Registrable Securities requested by the Holders pursuant to this Section 2.2.1
to be included therein on the same terms and conditions as any similar securities of the Company included in such registered
offering and to permit the sale or other disposition of such Registrable Securities in accordance with the intended method(s) of
distribution thereof. The inclusion of any Holder’s Registrable Securities in a Piggyback Registration shall be subject
to such Holder agreement to enter into an underwriting agreement in customary form with the Underwriter(s) selected for such
Underwritten Offering.

 

    

     

    

 

 

2.2.2            Reduction
of Piggyback Registration. If the managing Underwriter or Underwriters in an Underwritten Offering that is to be a Piggyback
Registration, in good faith, advises the Company and the Holders of Registrable Securities participating in the Piggyback Registration
in writing that the dollar amount or number of shares of Common Stock or other equity securities that the Company desires to sell,
taken together with (i) the shares of Common Stock or other equity securities, if any, as to which Registration or a registered
offering has been demanded pursuant to separate written contractual arrangements with persons or entities other than the Holders
of Registrable Securities hereunder, (ii) the Registrable Securities as to which registration has been requested pursuant
to Section 2.2 hereof, and (iii) the shares of Common Stock or other equity securities, if any, as to which Registration
or a registered offering has been requested pursuant to separate written contractual piggy-back registration rights of persons
or entities other than the Holders of Registrable Securities hereunder, exceeds the Maximum Number of Securities, then:

 

(a)            if
the Registration or registered offering is undertaken for the Company’s account, the Company shall include in any such Registration
or registered offering (A) first, the shares of Common Stock or other equity securities that the Company desires to sell,
which can be sold without exceeding the Maximum Number of Securities; (B) second, to the extent that the Maximum Number of
Securities has not been reached under the foregoing clause (A), the Registrable Securities of Holders exercising their rights
to register their Registrable Securities pursuant to Section 2.2.1, pro rata, based on the respective number of Registrable
Securities that each Holder has requested be included in such Underwritten Offering and the aggregate number of Registrable Securities
that the Holders have requested to be included in such Underwritten Offering, which can be sold without exceeding the Maximum Number
of Securities; and (C) third, to the extent that the Maximum Number of Securities has not been reached under the foregoing
clauses (A) and (B), the shares of Common Stock or other equity securities, if any, as to which Registration or a registered
offering has been requested pursuant to separate written contractual piggy-back registration rights of persons or entities other
than the Holders of Registrable Securities hereunder, which can be sold without exceeding the Maximum Number of Securities;

 

(b)            if
the Registration or registered offering is pursuant to a demand by persons or entities other than the Holders of Registrable Securities,
then the Company shall include in any such Registration or registered offering (A) first, the shares of Common Stock or other
equity securities, if any, of such requesting persons or entities, other than the Holders of Registrable Securities, which can
be sold without exceeding the Maximum Number of Securities; (B) second, to the extent that the Maximum Number of Securities
has not been reached under the foregoing clause (A), the Registrable Securities of Holders exercising their rights to register
their Registrable Securities pursuant to Section 2.2.1, pro rata, based on the respective number of Registrable Securities
that each Holder has requested be included in such Underwritten Offering and the aggregate number of Registrable Securities that
the Holders have requested to be included in such Underwritten Offering, which can be sold without exceeding the Maximum Number
of Securities; (C) third, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses (A) and
(B), the shares of Common Stock or other equity securities that the Company desires to sell, which can be sold without exceeding
the Maximum Number of Securities; and (D) fourth, to the extent that the Maximum Number of Securities has not been reached
under the foregoing clauses (A), (B) and (C), the shares of Common Stock or other equity securities, if any, as to which
Registration or a registered offering has been requested pursuant to separate written contractual piggy-back registration rights
of persons or entities other than the Holders of Registrable Securities hereunder, which can be sold without exceeding the Maximum
Number of Securities; and

 

     

     

    

 

(c)            if
the Registration or registered offering and Underwritten Shelf Takedown is pursuant to a request by Holder(s) of Registrable
Securities pursuant to Section 2.1 hereof, then the Company shall include in any such Registration or registered offering
securities in the priority set forth in Section 2.1.5.

 

2.2.3            Piggyback
Registration Withdrawal. Any Holder of Registrable Securities (other than a Demanding Holder, whose right to withdraw from
an Underwritten Shelf Takedown, and related obligations, shall be governed by Section 2.1.6) shall have the right to
withdraw from a Piggyback Registration for any or no reason whatsoever upon written notification to the Company and the Underwriter
or Underwriters (if any) of his, her or its intention to withdraw from such Piggyback Registration prior to the effectiveness of
the Registration Statement filed with the Commission with respect to such Piggyback Registration or, in the case of a Piggyback
Registration pursuant to a Shelf Registration, the filing of the applicable “red herring” prospectus or prospectus
supplement with respect to such Piggyback Registration used for marketing such transaction. The Company (whether on its own good
faith determination or as the result of a request for withdrawal by persons or entities pursuant to separate written contractual
obligations) may withdraw a Registration Statement filed with the Commission in connection with a Piggyback Registration (which,
in no circumstance, shall include a Shelf) at any time prior to the effectiveness of such Registration Statement. Notwithstanding
anything to the contrary in this Agreement (other than Section 2.1.6), the Company shall be responsible for the Registration
Expenses incurred in connection with the Piggyback Registration prior to its withdrawal under this Section 2.2.3.

 

2.2.4            Unlimited
Piggyback Registration Rights. For purposes of clarity, subject to Section 2.1.6, any Piggyback Registration effected
pursuant to Section 2.2 hereof shall not be counted as a demand for an Underwritten Shelf Takedown under Section 2.1.4
hereof.

 

2.3            Market
Stand-off. In connection with any Underwritten Offering of equity securities of the Company (other than a Block Trade
or Other Coordinated Offering), if requested by the managing Underwriters, each Holder that is an executive officer, director
or Holder in excess of five percent (5%) of the outstanding Common Stock (and for which it is customary for such a Holder to agree
to a lock-up) agrees that it shall not Transfer any shares of Common Stock or other equity securities of the Company (other than
those included in such offering pursuant to this Agreement), without the prior written consent of the Company, during the ninety
(90)-day period (or such shorter time agreed to by the managing Underwriters) beginning on the date of pricing of such offering,
except as expressly permitted by such lock-up agreement or in the event the managing Underwriters otherwise agree by written consent.
Each such Holder agrees to execute a customary lock-up agreement in favor of the Underwriters to such effect (in each case on
substantially the same terms and conditions as all such Holders).

 

     

     

    

 

2.4            Block
Trades; Other Coordinated Offerings.

 

2.4.1            Notwithstanding
any other provision of this Article II, but subject to Section 3.4, at any time and from time to time when
an effective Shelf is on file with the Commission, if a Demanding Holder wishes to engage in (a) an underwritten registered
offering not involving a “roadshow,” an offer commonly known as a “block trade” (a “Block Trade”)
or (b) an “at the market” or similar registered offering through a broker, sales agent or distribution agent,
whether as agent or principal, (an “Other Coordinated Offering”), in each case, with a total offering
price reasonably expected to exceed, in the aggregate, either (x) $100 million or (y) all remaining Registrable
Securities held by the Demanding Holder, then such Demanding Holder only needs to notify the Company of the Block Trade or Other
Coordinated Offering at least five (5) business days prior to the day such offering is to commence and the Company shall as
expeditiously as possible use its commercially reasonable efforts to facilitate such Block Trade or Other Coordinated Offering;
provided that the Demanding Holders representing a majority of the Registrable Securities wishing to engage in the Block
Trade or Other Coordinated Offering shall use commercially reasonable efforts to work with the Company and any Underwriters, brokers,
sales agents or placement agents prior to making such request in order to facilitate preparation of the registration statement,
prospectus and other offering documentation related to the Block Trade or Other Coordinated Offering.

 

2.4.2            Prior
to the filing of the applicable “red herring” prospectus or prospectus supplement used in connection with a Block Trade
or Other Coordinated Offering, a majority-in-interest of the Demanding Holders initiating such Block Trade or Other Coordinated
Offering shall have the right to submit a Withdrawal Notice to the Company, the Underwriter or Underwriters (if any) and any brokers,
sale agents or placement agents (if any) of their intention to withdraw from such Block Trade or Other Coordinated Offering. Notwithstanding
anything to the contrary in this Agreement, the Company shall be responsible for the Registration Expenses incurred in connection
with a Block Trade or Other Coordinated Offering prior to its withdrawal under this Section 2.4.2.

 

2.4.3            Notwithstanding
anything to the contrary in this Agreement, Section 2.2 shall not apply to a Block Trade or Other Coordinated Offering
initiated by a Demanding Holder pursuant to this Agreement.

 

2.4.4            The
Demanding Holder in a Block Trade or Other Coordinated Offering shall have the right to select the Underwriters and any brokers,
sale agents or placement agents (if any) for such Block Trade or Other Coordinated Offering (in each case, which shall consist
of one or more reputable nationally recognized investment banks).

 

2.4.5            A
Holder in the aggregate may demand no more than two (2) Block Trades or Other Coordinated Offerings pursuant to this Section 2.4
in any twelve (12) month period. For the avoidance of doubt, any Block Trade or Other Coordinated Offering effected pursuant to
this Section 2.4 shall not be counted as a demand for an Underwritten Shelf Takedown pursuant to Section 2.1.4
hereof.

 

ARTICLE III

 

COMPANY
PROCEDURES

 

3.1            General
Procedures. In connection with any Shelf and/or Shelf Takedown, the Company shall use its commercially reasonable efforts
to effect such Registration to permit the sale of such Registrable Securities in accordance with the intended plan of distribution
thereof, and pursuant thereto the Company shall, as expeditiously as possible:

 

3.1.1            prepare
and file with the Commission as soon as practicable a Registration Statement with respect to such Registrable Securities and use
its commercially reasonable efforts to cause such Registration Statement to become effective and remain effective until all Registrable
Securities have ceased to be Registrable Securities;

 

     

     

    

 

3.1.2            prepare
and file with the Commission such amendments and post-effective amendments to the Registration Statement, and such supplements
to the Prospectus, as may be reasonably requested by any Holder that holds at least five percent (5%) of the Registrable Securities
registered on such Registration Statement or any Underwriter of Registrable Securities or as may be required by the rules, regulations
or instructions applicable to the registration form used by the Company or by the Securities Act or rules and regulations
thereunder to keep the Registration Statement effective until all Registrable Securities covered by such Registration Statement
are sold in accordance with the intended plan of distribution set forth in such Registration Statement or supplement to the Prospectus;

 

3.1.3            prior
to filing a Registration Statement or Prospectus, or any amendment or supplement thereto, furnish without charge to the Underwriters,
if any, and the Holders of Registrable Securities included in such Registration, and such Holders’ legal counsel, copies
of such Registration Statement as proposed to be filed, each amendment and supplement to such Registration Statement (in each case
including all exhibits thereto and documents incorporated by reference therein), the Prospectus included in such Registration Statement
(including each preliminary Prospectus), and such other documents as the Underwriters and the Holders of Registrable Securities
included in such Registration or the legal counsel for any such Holders may request in order to facilitate the disposition of the
Registrable Securities owned by such Holders;

 

3.1.4            prior
to any public offering of Registrable Securities, use its commercially reasonable efforts to (i) register or qualify the Registrable
Securities covered by the Registration Statement under such securities or “blue sky” laws of such jurisdictions in
the United States as the Holders of Registrable Securities included in such Registration Statement (in light of their intended
plan of distribution) may request (or provide evidence satisfactory to such Holders that the Registrable Securities are exempt
from such registration or qualification) and (ii) take such action necessary to cause such Registrable Securities covered
by the Registration Statement to be registered with or approved by such other governmental authorities as may be necessary by virtue
of the business and operations of the Company and do any and all other acts and things that may be necessary or advisable to enable
the Holders of Registrable Securities included in such Registration Statement to consummate the disposition of such Registrable
Securities in such jurisdictions; provided, however, that the Company shall not be required to qualify generally
to do business in any jurisdiction where it would not otherwise be required to qualify or take any action to which it would be
subject to general service of process or taxation in any such jurisdiction where it is not then otherwise so subject;

 

3.1.5            cause
all such Registrable Securities to be listed on each national securities exchange on which similar securities issued by the Company
are then listed;

 

3.1.6            provide
a transfer agent or warrant agent, as applicable, and registrar for all such Registrable Securities no later than the effective
date of such Registration Statement;

 

3.1.7            advise
each seller of such Registrable Securities, promptly after it shall receive notice or obtain knowledge thereof, of the issuance
of any stop order by the Commission suspending the effectiveness of such Registration Statement or the initiation or threatening
of any proceeding for such purpose and promptly use its commercially reasonable efforts to prevent the issuance of any stop order
or to obtain its withdrawal if such stop order should be issued;

 

     

     

    

 

3.1.8            at
least five (5) days prior to the filing of any Registration Statement or Prospectus or any amendment or supplement to such
Registration Statement or Prospectus (or such shorter period of time as may be (a) necessary in order to comply with the Securities
Act, the Exchange Act, and the rules and regulations promulgated under the Securities Act or Exchange Act, as applicable or
(b) advisable in order to reduce the number of days that sales are suspended pursuant to Section 3.4), furnish
a copy thereof to each seller of such Registrable Securities or its counsel (excluding any exhibits thereto and any filing made
under the Exchange Act that is to be incorporated by reference therein);

 

3.1.9            notify
the Holders at any time when a Prospectus relating to such Registration Statement is required to be delivered under the Securities
Act, of the happening of any event as a result of which the Prospectus included in such Registration Statement, as then in effect,
includes a Misstatement, and then to correct such Misstatement as set forth in Section 3.4;

 

3.1.10            in
the event of an Underwritten Offering, a Block Trade, an Other Coordinated Offering, or sale by a broker, placement agent or sales
agent pursuant to such Registration, permit a representative of the Holders, the Underwriters or other financial institutions facilitating
such Underwritten Offering, Block Trade, Other Coordinated Offering or other sale pursuant to such Registration, if any, and any
attorney, consultant or accountant retained by such Holders or Underwriter to participate, at each such person’s or entity’s
own expense, in the preparation of the Registration Statement, and cause the Company’s officers, directors and employees
to supply all information reasonably requested by any such representative, Underwriter, financial institution, attorney, consultant
or accountant in connection with the Registration; provided, however, that such representatives, Underwriters or
financial institutions agree to confidentiality arrangements in form and substance reasonably satisfactory to the Company, prior
to the release or disclosure of any such information;

 

3.1.11            obtain
a “cold comfort” letter from the Company’s independent registered public accountants in the event of an Underwritten
Offering, a Block Trade, an Other Coordinated Offering or sale by a broker, placement agent or sales agent pursuant to such Registration
(subject to such broker, placement agent or sales agent providing such certification or representation reasonably requested by
the Company’s independent registered public accountings and the Company’s counsel) in customary form and covering such
matters of the type customarily covered by “cold comfort” letters as the managing Underwriter may reasonably request,
and reasonably satisfactory to a majority-in-interest of the participating Holders;

 

3.1.12            in
the event of an Underwritten Offering, a Block Trade, an Other Coordinated Offering or sale by a broker, placement agent or sales
agent pursuant to such Registration, on the date the Registrable Securities are delivered for sale pursuant to such Registration,
obtain an opinion, dated such date, of counsel representing the Company for the purposes of such Registration, addressed to the
participating Holders, the broker, placement agents or sales agent, if any and the Underwriters, if any, covering such legal matters
with respect to the Registration in respect of which such opinion is being given as the participating Holders, broker, placement
agent, sales agent or Underwriter may reasonably request and as are customarily included in such opinions and negative assurance
letters;

 

     

     

    

 

3.1.13            in
the event of any Underwritten Offering, a Block Trade, an Other Coordinated Offering or sale by a broker, placement agent or sales
agent pursuant to such Registration, enter into and perform its obligations under an underwriting or other purchase or sales agreement,
in usual and customary form, with the managing Underwriter or the broker, placement agent or sales agent of such offering or sale;

 

3.1.14            make
available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at least twelve
(12) months beginning with the first day of the Company’s first full calendar quarter after the effective date of the Registration
Statement which satisfies the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder (or any
successor rule then in effect);

 

3.1.15            with
respect to an Underwritten Offering pursuant to Section 2.1.4, use its commercially reasonable efforts to make available
senior executives of the Company to participate in customary “road show” presentations that may be reasonably requested
by the Underwriter in such Underwritten Offering; and

 

3.1.16            otherwise,
in good faith, cooperate reasonably with, and take such customary actions as may reasonably be requested by the participating Holders,
consistent with the terms of this Agreement, in connection with such Registration.

 

Notwithstanding the foregoing, the Company
shall not be required to provide any documents or information to an Underwriter or broker, sales agent or placement agent if such
Underwriter or broker, sales agent or placement agent has not then been named with respect to the applicable Underwritten Offering
or other offering involving a registration as an Underwriter or broker, sales agent or placement agent, as applicable.

 

3.2            Registration
Expenses. The Registration Expenses of all Registrations shall be borne by the Company. It is acknowledged by the Holders
that the Holders shall bear all incremental selling expenses relating to the sale of Registrable Securities, such as Underwriters’
commissions and discounts, brokerage fees, Underwriter marketing costs and, other than as set forth in the definition of “Registration
Expenses,” all fees and expenses of any legal counsel representing the Holders.

 

3.3            Requirements
for Participation in Registration Statement in Offerings. Notwithstanding anything in this Agreement to the contrary,
if any Holder does not provide the Company with its requested Holder Information, the Company may exclude such Holder’s
Registrable Securities from the applicable Registration Statement or Prospectus if the Company determines, based on the advice
of counsel, that such information is necessary to effect the registration and such Holder continues thereafter to withhold such
information. No person or entity may participate in any Underwritten Offering or other offering for equity securities of the Company
pursuant to a Registration initiated by the Company hereunder unless such person or entity (i) agrees to sell such person’s
or entity’s securities on the basis provided in any underwriting, sales, distribution or placement arrangements approved
by the Company and (ii) completes and executes all customary questionnaires, powers of attorney, indemnities, lock-up agreements,
underwriting or other agreements and other customary documents as may be reasonably required under the terms of such underwriting,
sales, distribution or placement arrangements. The exclusion of a Holder’s Registrable Securities as a result of this Section 3.3
shall not affect the registration of the other Registrable Securities to be included in such Registration.

 

     

     

    

 

3.4            Suspension
of Sales; Adverse Disclosure; Restrictions on Registration Rights.

 

3.4.1            Upon
receipt of written notice from the Company that a Registration Statement or Prospectus contains a Misstatement, each of the Holders
shall forthwith discontinue disposition of Registrable Securities until it has received copies of a supplemented or amended Prospectus
correcting the Misstatement (it being understood that the Company hereby covenants to prepare and file such supplement or amendment
as soon as practicable after the time of such notice), or until it is advised in writing by the Company that the use of the Prospectus
may be resumed.

 

3.4.2            Subject
to Section 3.4.4, if the filing, initial effectiveness or continued use of a Registration Statement in respect of any
Registration at any time would (a) require the Company to make an Adverse Disclosure, (b) require the inclusion in such
Registration Statement of financial statements that are unavailable to the Company for reasons beyond the Company’s control,
or (c) in the good faith judgment of the majority of the Board such Registration, be seriously detrimental to the Company
and the majority of the Board concludes as a result that it is essential to defer such filing, initial effectiveness or continued
use at such time, the Company may, upon giving prompt written notice of such action to the Holders (which notice shall not specify
the nature of the event giving rise to such delay or suspension) , delay the filing or initial effectiveness of, or suspend use
of, such Registration Statement for the shortest period of time determined in good faith by the Company to be necessary for such
purpose. In the event the Company exercises its rights under this Section 3.4.2, the Holders agree to suspend, immediately
upon their receipt of the notice referred to above, their use of the Prospectus relating to any Registration in connection with
any sale or offer to sell Registrable Securities until such Holder receives written notice from the Company that such sales or
offers of Registrable Securities may be resumed, and in each case maintain the confidentiality of such notice and its contents.

 

3.4.3            Subject
to Section 3.4.4, (a) during the period starting with the date sixty (60) days prior to the Company’s good
faith estimate of the date of the filing of, and ending on a date one hundred and twenty (120) days after the effective date of,
a Company-initiated Registration and provided that the Company continues to actively employ, in good faith, all reasonable efforts
to maintain the effectiveness of the applicable Shelf Registration Statement, or (b) if, pursuant to Section 2.1.4, Holders
have requested an Underwritten Shelf Takedown and the Company and Holders are unable to obtain the commitment of underwriters to
firmly underwrite such offering, the Company may, upon giving prompt written notice of such action to the Holders, delay any other
registered offering pursuant to Section 2.1.4 or 2.4.

 

3.4.4            The
right to delay or suspend any filing, initial effectiveness or continued use of a Registration Statement pursuant to Section 3.4.2
or a registered offering pursuant to Section 3.4.3 shall be exercised by the Company, in the aggregate, for not more
than (90) consecutive calendar days or more than one hundred and twenty (120) total calendar days in each case, during any twelve
(12)-month period.

 

     

     

    

 

3.5            Reporting
Obligations. As long as any Holder shall own Registrable Securities, the Company, at all times while it shall be a
reporting company under the Exchange Act, covenants to file timely (or obtain extensions in respect thereof and file within the
applicable grace period) all reports required to be filed by the Company after the date hereof pursuant to Sections 13(a) or
15(d) of the Exchange Act and to promptly furnish the Holders with true and complete copies of all such filings; provided
that any documents publicly filed or furnished with the Commission pursuant to the Electronic Data Gathering, Analysis and
Retrieval System shall be deemed to have been furnished or delivered to the Holders pursuant to this Section 3.5.
The Company further covenants that it shall take such further action as any Holder may reasonably request, all to the extent required
from time to time to enable such Holder to sell shares of Common Stock held by such Holder without registration under the Securities
Act within the limitation of the exemptions provided by Rule 144 promulgated under the Securities Act (or any successor rule then
in effect). Upon the request of any Holder, the Company shall deliver to such Holder a written certification of a duly authorized
officer as to whether it has complied with such requirements.

 

ARTICLE IV

 

INDEMNIFICATION
AND CONTRIBUTION

 

4.1            Indemnification.

 

4.1.1            The
Company agrees to indemnify, to the extent permitted by law, each Holder of Registrable Securities, its officers, directors and
agents and each person or entity who controls such Holder (within the meaning of the Securities Act), against all losses, claims,
damages, liabilities and out-of-pocket expenses (including, without limitation, reasonable outside attorneys’ fees) resulting
from any untrue or alleged untrue statement of material fact contained in or incorporated by reference in any Registration Statement,
Prospectus or preliminary Prospectus or any amendment thereof or supplement thereto or any omission or alleged omission of a material
fact required to be stated therein or necessary to make the statements therein not misleading, except insofar as the same are caused
by or contained in any information or affidavit so furnished in writing to the Company by such Holder expressly for use therein.
The Company shall indemnify the Underwriters, their officers and directors and each person or entity who controls such Underwriters
(within the meaning of the Securities Act) to the same extent as provided in the foregoing with respect to the indemnification
of the Holder.

 

4.1.2            In
connection with any Registration Statement in which a Holder of Registrable Securities is participating, such Holder shall furnish
(or cause to be furnished) to the Company in writing such information and affidavits as the Company reasonably requests for use
in connection with any such Registration Statement or Prospectus (the “Holder Information”) and, to the
extent permitted by law, shall indemnify the Company, its directors, officers and agents and each person or entity who controls
the Company (within the meaning of the Securities Act) against all losses, claims, damages, liabilities and out-of-pocket expenses
(including, without limitation, reasonable outside attorneys’ fees) resulting from any untrue or alleged untrue statement
of material fact contained or incorporated by reference in any Registration Statement, Prospectus or preliminary Prospectus or
any amendment thereof or supplement thereto or any omission or alleged omission of a material fact required to be stated therein
or necessary to make the statements therein not misleading, but only to the extent that such untrue statement is contained in (or
not contained in, in the case of an omission) any information or affidavit so furnished in writing by or on behalf of such Holder
expressly for use therein; provided, however, that the obligation to indemnify shall be several, not joint and several,
among such Holders of Registrable Securities, and the liability of each such Holder of Registrable Securities shall be in proportion
to and limited to the net proceeds received by such Holder from the sale of Registrable Securities pursuant to such Registration
Statement. The Holders of Registrable Securities shall indemnify the Underwriters, their officers, directors and each person or
entity who controls such Underwriters (within the meaning of the Securities Act) to the same extent as provided in the foregoing
with respect to indemnification of the Company.

 

     

     

    

 

4.1.3            Any
person or entity entitled to indemnification herein shall (i) give prompt written notice to the indemnifying party of any
claim with respect to which it seeks indemnification (provided that the failure to give prompt notice shall not impair any person’s
or entity’s right to indemnification hereunder to the extent such failure has not materially prejudiced the indemnifying
party) and (ii) unless in such indemnified party’s reasonable judgment a conflict of interest between such indemnified
and indemnifying parties may exist with respect to such claim, permit such indemnifying party to assume the defense of such claim
with counsel reasonably satisfactory to the indemnified party. If such defense is assumed, the indemnifying party shall not be
subject to any liability for any settlement made by the indemnified party without its consent (but such consent shall not be unreasonably
withheld). An indemnifying party who is not entitled to, or elects not to, assume the defense of a claim shall not be obligated
to pay the fees and expenses of more than one counsel for all parties indemnified by such indemnifying party with respect to such
claim, unless in the reasonable judgment of any indemnified party a conflict of interest may exist between such indemnified party
and any other of such indemnified parties with respect to such claim. No indemnifying party shall, without the consent of the indemnified
party, consent to the entry of any judgment or enter into any settlement which cannot be settled in all respects by the payment
of money (and such money is so paid by the indemnifying party pursuant to the terms of such settlement) or which settlement includes
a statement or admission of fault and culpability on the part of such indemnified party or which settlement does not include as
an unconditional term thereof the giving by the claimant or plaintiff to such indemnified party of a release from all liability
in respect to such claim or litigation.

 

4.1.4            The
indemnification provided for under this Agreement shall remain in full force and effect regardless of any investigation made by
or on behalf of the indemnified party or any officer, director or controlling person or entity of such indemnified party and shall
survive the transfer of securities. The Company and each Holder of Registrable Securities participating in an offering also agrees
to make such provisions as are reasonably requested by any indemnified party for contribution to such party in the event the Company’s
or such Holder’s indemnification is unavailable for any reason.

 

     

     

    

 

4.1.5            If
the indemnification provided under Section 4.1 from the indemnifying party is unavailable or insufficient to hold harmless
an indemnified party in respect of any losses, claims, damages, liabilities and out-of-pocket expenses referred to herein, then
the indemnifying party, in lieu of indemnifying the indemnified party, shall contribute to the amount paid or payable by the indemnified
party as a result of such losses, claims, damages, liabilities and out-of-pocket expenses in such proportion as is appropriate
to reflect the relative fault of the indemnifying party and the indemnified party, as well as any other relevant equitable considerations.
The relative fault of the indemnifying party and indemnified party shall be determined by reference to, among other things, whether
any action in question, including any untrue or alleged untrue statement of a material fact or omission or alleged omission to
state a material fact, was made by (or not made by, in the case of an omission), or relates to information supplied by (or not
supplied by in the case of an omission), such indemnifying party or indemnified party, and the indemnifying party’s and indemnified
party’s relative intent, knowledge, access to information and opportunity to correct or prevent such action; provided,
however, that the liability of any Holder under this Section 4.1.5 shall be limited to the amount of the net
proceeds received by such Holder in such offering giving rise to such liability. The amount paid or payable by a party as a result
of the losses or other liabilities referred to above shall be deemed to include, subject to the limitations set forth in Sections 4.1.1,
4.1.2 and 4.1.3 above, any legal or other fees, charges or out-of-pocket expenses reasonably incurred by such party
in connection with any investigation or proceeding. The parties hereto agree that it would not be just and equitable if contribution
pursuant to this Section 4.1.5 were determined by pro rata allocation or by any other method of allocation, which does
not take account of the equitable considerations referred to in this Section 4.1.5. No person or entity guilty of fraudulent
misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution pursuant
to this Section 4.1.5 from any person or entity who was not guilty of such fraudulent misrepresentation.

 

ARTICLE V

 

LOCK-UP

 

5.1            Lock-up.
Subject to Section 5.2, the Sponsor and Opendoor Holders agree that they shall not Transfer any Lock-up Shares until
the end of the Lock-up Period (the “Lock-up”).

 

5.2            Permitted
Transferees. Notwithstanding the provisions set forth in Section 5.1, the Sponsor, Opendoor Holders or
their respective Permitted Transferees may Transfer the Lock-up Shares during the Lock-up Period (a) to (i) the Company’s
officers or directors, (ii) any affiliates or family members of the Company’s officers or directors, (iii) any
direct or indirect partners, members or equity holders of the Sponsor or any related investment funds or vehicles controlled or
managed by such persons or entities or their respective affiliates, or (iv) the Opendoor Holders or any direct or indirect
partners, members or equity holders of the Opendoor Holders, any affiliates of the Opendoor Holders or any related investment
funds or vehicles controlled or managed by such persons or entities or their respective affiliates; (b) in the case of an
individual, by gift to a member of the individual’s immediate family or to a trust, the beneficiary of which is a member
of the individual’s immediate family or an affiliate of such person or entity, or to a charitable organization; (c) in
the case of an individual, by virtue of laws of descent and distribution upon death of the individual; (d) in the case of
an individual, pursuant to a qualified domestic relations order; (e) by virtue of the Sponsor’s certificate of incorporation
or bylaws, as amended, upon dissolution of the Sponsor; (f) in connection with any bona fide mortgage, encumbrance
or pledge to a financial institution in connection with any bona fide loan or debt transaction or enforcement thereunder,
including foreclosure thereof; (g) to the Company; or (h) in connection with a liquidation, merger, stock exchange,
reorganization, tender offer approved by the Board or a duly authorized committee thereof or other similar transaction which results
in all of the Company’s stockholders having the right to exchange their shares Common Stock for cash, securities or other
property subsequent to the Closing Date; provided, however, that in the case of clauses (a) through (e) these
permitted transferees must enter into a written agreement with the Company agreeing to be bound by the transfer restrictions in
this Article V.

 

     

     

    

 

 

5.3            Termination
of Existing Lock-up. The lock-up provisions in this Article V shall supersede the lock-up provisions contained
in Section 7 of the Insider Letter, which provision in Section 7 of the Insider Letter shall be of no further force
or effect.

 

ARTICLE VI

 

MISCELLANEOUS

 

6.1            Notices.
Any notice or communication under this Agreement must be in writing and given by (i) deposit in the United States mail, addressed
to the party to be notified, postage prepaid and registered or certified with return receipt requested, (ii) delivery in
person or by courier service providing evidence of delivery, or (iii) transmission by hand delivery, electronic mail or facsimile.
Each notice or communication that is mailed, delivered, or transmitted in the manner described above shall be deemed sufficiently
given, served, sent, and received, in the case of mailed notices, on the third business day following the date on which it is
mailed and, in the case of notices delivered by courier service, hand delivery, electronic mail or facsimile, at such time as
it is delivered to the addressee (with the delivery receipt or the affidavit of messenger) or at such time as delivery is refused
by the addressee upon presentation. Any notice or communication under this Agreement must be addressed, if to the Company, to:
Opendoor Technologies Inc., 1 Post Street, Floor 11, San Francisco, CA 94104, Attention: Legal Department, Email: legal@opendoor.com,
and, if to any Holder, at such Holder’s address, electronic mail address or facsimile number as set forth in the Company’s
books and records. Any party may change its address for notice at any time and from time to time by written notice to the other
parties hereto, and such change of address shall become effective thirty (30) days after delivery of such notice as provided in
this Section 6.1.

 

6.2          Assignment;
No Third Party Beneficiaries.

 

6.2.1            This
Agreement and the rights, duties and obligations of the Company hereunder may not be assigned or delegated by the Company in whole
or in part.

 

6.2.2            Subject
to Section 6.2.4 and Section 6.2.5, this Agreement and the rights, duties and obligations of a Holder hereunder
may be assigned in whole or in part to such Holder’s Permitted Transferees; provided, that, with respect to the Opendoor
Holders, the Investor Stockholders and the Sponsor, the rights hereunder that are personal to such Holders may not be assigned
or delegated in whole or in part, except that (x) each of the Opendoor Holders shall be permitted to transfer its rights hereunder
as the Opendoor Holders to one or more affiliates or any direct or indirect partners, members or equity holders of such Opendoor
Holder (it being understood that no such transfer shall reduce any rights of such Opendoor Holder or such transferees), (y) each
of the Investor Stockholders shall be permitted to transfer its rights hereunder as the Investor Stockholders to one or more affiliates
or any direct or indirect partners, members or equity holders of such Investor Stockholder (it being understood that no such transfer
shall reduce any rights of such Investor Stockholder or such transferees) and (z) the Sponsor shall be permitted to transfer
its rights hereunder as the Sponsor to one or more affiliates or any direct or indirect partners, members or equity holders of
the Sponsor (it being understood that no such transfer shall reduce any rights of the Sponsor or such transferees).

 

     

     

    

 

6.2.3            This
Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the parties and its successors
and the permitted assigns of the Holders, which shall include Permitted Transferees.

 

6.2.4            This
Agreement shall not confer any rights or benefits on any persons or entities that are not parties hereto, other than as expressly
set forth in this Agreement and Section 6.2.

 

6.2.5            No
assignment by any party hereto of such party’s rights, duties and obligations hereunder shall be binding upon or obligate
the Company unless and until the Company shall have received (i) written notice of such assignment as provided in Section 6.1
hereof and (ii) the written agreement of the assignee, in a form reasonably satisfactory to the Company, to be bound by the
terms and provisions of this Agreement (which may be accomplished by an addendum or certificate of joinder to this Agreement).
Any transfer or assignment made other than as provided in this Section 6.2 shall be null and void.

 

6.3            Counterparts.
This Agreement may be executed in multiple counterparts (including facsimile or PDF counterparts), each of which shall be deemed
an original, and all of which together shall constitute the same instrument, but only one of which need be produced.

 

6.4            Governing
Law; Venue. NOTWITHSTANDING THE PLACE WHERE THIS AGREEMENT MAY BE EXECUTED BY ANY OF THE PARTIES HERETO, THE PARTIES
EXPRESSLY AGREE THAT (1) THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED UNDER THE LAWS OF THE STATE OF NEW YORK AND (2) THE
VENUE FOR ANY ACTION TAKEN WITH RESPECT TO THIS AGREEMENT SHALL BE ANY STATE OR FEDERAL COURT IN NEW YORK COUNTY IN THE STATE
OF NEW YORK

 

6.5            TRIAL
BY JURY. EACH PARTY HERETO ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT
IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND, THEREFORE, EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY
WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT TO
ANY ACTION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS
CONTEMPLATED BY THIS AGREEMENT.

 

     

     

    

 

6.6            Amendments
and Modifications. Upon the written consent of (a) the Company and (b) the Holders of a majority of the total
Registrable Securities, compliance with any of the provisions, covenants and conditions set forth in this Agreement may be waived,
or any of such provisions, covenants or conditions may be amended or modified; provided, however, that notwithstanding
the foregoing, any amendment hereto or waiver hereof shall also require the written consent of the Sponsor so long as the Sponsor
and its affiliates hold, in the aggregate, at least five percent (5%) of the outstanding shares of Common Stock of the Company;
provided, further, that notwithstanding the foregoing, any amendment hereto or waiver hereof shall also require
the written consent of each Investor Stockholder so long as such Investor Stockholder and its respective affiliates hold, in the
aggregate, at least five percent (5%) of the outstanding shares of Common Stock of the Company; provided, further,
that notwithstanding the foregoing, any amendment hereto or waiver hereof shall also require the written consent of each Opendoor
Holder so long as such Opendoor Holder and its affiliates hold, in the aggregate, at least five percent (5%) of the outstanding
shares of Common Stock of the Company; and provided, further, that any amendment hereto or waiver hereof that adversely
affects one Holder, solely in its capacity as a holder of the shares of capital stock of the Company, in a manner that is materially
different from the other Holders (in such capacity) shall require the consent of the Holder so affected. No course of dealing
between any Holder or the Company and any other party hereto or any failure or delay on the part of a Holder or the Company in
exercising any rights or remedies under this Agreement shall operate as a waiver of any rights or remedies of any Holder or the
Company. No single or partial exercise of any rights or remedies under this Agreement by a party shall operate as a waiver or
preclude the exercise of any other rights or remedies hereunder or thereunder by such party.

 

6.7            Other
Registration Rights. Other than (i) the Third Party Investor Stockholders who have registration rights with respect
to their Investor Shares pursuant to their respective Subscription Agreements and (ii) as provided in the Warrant Agreement,
dated as of April 27, 2020, between the Company and Continental Stock Transfer & Trust Company, the Company represents
and warrants that no person or entity, other than a Holder of Registrable Securities, has any right to require the Company to
register any securities of the Company for sale or to include such securities of the Company in any Registration Statement filed
by the Company for the sale of securities for its own account or for the account of any other person or entity. For so long as
(a) the Sponsor and its affiliates hold, in the aggregate, at least five percent (5%) of the outstanding shares of Common
Stock of the Company, the Company hereby agrees and covenants that it will not grant rights to register any Common Stock (or securities
convertible into or exchangeable for Common Stock) pursuant to the Securities Act that are more favorable, pari passu or senior
to those granted to the Holders hereunder (such rights “Competing Registration Rights”) without the
prior written consent of the Sponsor, (b) an Investor Stockholder and its affiliates hold, in the aggregate, at least five
percent (5%) of the outstanding shares of Common Stock of the Company, the Company hereby agrees and covenants that it will not
grant Competing Registration Rights without the prior written consent of such Investor Stockholder, and (c) an Opendoor Holder
and its affiliates hold, in the aggregate, at least five percent (5%) of the outstanding shares of Common Stock of the Company,
the Company hereby agrees and covenants that it will not grant Competing Registration Rights without the prior written consent
of such Opendoor Holder. Further, the Company represents and warrants that this Agreement supersedes any other registration rights
agreement or agreement with similar terms and conditions and in the event of a conflict between any such agreement or agreements
and this Agreement, the terms of this Agreement shall prevail.

 

6.8            Term.
This Agreement shall terminate on the earlier of (a) the tenth anniversary of the date of this Agreement or (b) with
respect to any Holder, on the date that such Holder no longer holds any Registrable Securities. The provisions of Section 3.5
and Article IV shall survive any termination.

 

     

     

    

 

6.9            Holder
Information. Each Holder agrees, if requested in writing, to represent to the Company the total number of Registrable
Securities held by such Holder in order for the Company to make determinations hereunder.

 

6.10          Additional
Holders; Joinder. In addition to persons or entities who may become Holders pursuant to Section 6.2 hereof,
subject to the prior written consent of each of the Sponsor, each Opendoor Holder and each Investor Stockholder (in each case,
so long as such Holder and its affiliates hold, in the aggregate, at least five percent (5%) of the outstanding shares of Common
Stock of the Company), the Company may make any person or entity who acquires Common Stock or rights to acquire Common Stock after
the date hereof a party to this Agreement (each such person or entity, an “Additional Holder”) by obtaining
an executed joinder to this Agreement from such Additional Holder in the form of Exhibit A attached hereto (a “Joinder”).
Such Joinder shall specify the rights and obligations of the applicable Additional Holder under this Agreement. Upon the execution
and delivery and subject to the terms of a Joinder by such Additional Holder, the Common Stock of the Company then owned, or underlying
any rights then owned, by such Additional Holder (the “Additional Holder Common Stock”) shall be Registrable
Securities to the extent provided herein and therein and such Additional Holder shall be a Holder under this Agreement with respect
to such Additional Holder Common Stock.

 

6.11         Severability.
It is the desire and intent of the parties that the provisions of this Agreement be enforced to the fullest extent permissible
under the laws and public policies applied in each jurisdiction in which enforcement is sought. Accordingly, if any particular
provision of this Agreement shall be adjudicated by a court of competent jurisdiction to be invalid, prohibited or unenforceable
for any reason, such provision, as to such jurisdiction, shall be ineffective, without invalidating the remaining provisions of
this Agreement or affecting the validity or enforceability of this Agreement or affecting the validity or enforceability of such
provision in any other jurisdiction. Notwithstanding the foregoing, if such provision could be more narrowly drawn so as not to
be invalid, prohibited or unenforceable in such jurisdiction, it shall, as to such jurisdiction, be so narrowly drawn, without
invalidating the remaining provisions of this Agreement or affecting the validity or enforceability of such provision in any other
jurisdiction.

 

6.12         Entire
Agreement; Restatement. This Agreement constitutes the full and entire agreement and understanding between the parties
with respect to the subject matter hereof and supersedes all prior agreements and understandings relating to such subject matter.
Upon the Closing, the Original RRA shall no longer be of any force or effect.

 

[SIGNATURE PAGES FOLLOW]

 

     

     

    

 

IN WITNESS WHEREOF, the undersigned have
caused this Agreement to be executed as of the date first written above.

 

 

	 	COMPANY:
	 	 
	 	Opendoor Technologies Inc. 

a Delaware corporation
	 	 
	 	 
	 	By: 	/s/ Eric Wu
	 	 	Name: Eric Wu
	 	 	Title: Chief Executive Officer

 

[Signature Page to Amended and Restated
Registration Rights Agreement]

 

     

     

     

 

	 	HOLDERS:
	 	 
	 	
        SCH Sponsor II LLC

        Cayman Islands limited liability company

	 	 
	 	By: 	/s/ Chamath Palihapitiya
	 	 	Name: Chamath Palihapitiya
	 	 	Title: Chief Executive Officer

 

[Signature Page to A&R Registration
Rights Agreement]

     

     

     

IN WITNESS WHEREOF, the undersigned have
caused this Agreement to be executed as of the date first written above.

 

	 	HOLDERS:
	 	 
	 	 
	 	/s/ Eric Wu
	 	Name: Eric Wu
	 	 	 

 

[Signature Page to Amended and Restated
Registration Rights Agreement]

     

     

     

 

	 	ERIC WU, AS TRUSTEE OF THE 2020 WU GRANTOR RETAINED ANNUITY TRUST
	 	 
	 	 
	 	By: 	/s/ Eric Wu
	 	 	Name: Eric Wu
	 	 	Title: Trustee

 

[Signature Page to Amended and Restated
Registration Rights Agreement]

     

     

     

	 	PREMIER TRUST, INC., AS ADMINISTRATIVE TRUSTEE OF THE WU FAMILY IRREVOCABLE TRUST (GST EXEMPT)
	 	 
	 	 
	 	By: 	/s/ Dolly Hawkins
	 	 	Name: Dolly Hawkins
	 	 	Title: Trust Officer, Premier Trust, Inc., Trustee

 

[Signature Page to Amended and Restated
Registration Rights Agreement]

     

     

     

IN WITNESS WHEREOF, the undersigned have
caused this Agreement to be executed as of the date first written above.

 

	 	HOLDERS:
	 	 
	 	
        ANDREESSEN HOROWITZ FUND V, L.P.

        for itself and as nominee for

        Andreessen Horowitz Fund V-A, L.P.,

        Andreessen Horowitz Fund V-B, L.P., and

        Andreessen Horowitz Fund V-Q, L.P.

	 	 
	 	By: AH Equity Partners V, L.L.C., its General Partner
	 	 
	 	 
	 	By: 	/s/ Scott Kupor
	 	 	Name: Scott Kupor
	 	 	Title: Managing Partner

 

[Signature Page to Amended and Restated
Registration Rights Agreement]

     

     

     

IN WITNESS WHEREOF, the undersigned have
caused this Agreement to be executed as of the date first written above.

 

	 	HOLDERS:
	 	 
	 	
        AI LIQUIDRE LLC

         

        By: Access Industries Management LLC, its manager

	 	 
	 	 
	 	By: 	/s/ Alejandro Moreno
	 	 	Name: Alejandro Moreno
	 	 	Title: Executive Vice President
	 	 	 
	 	 	 
	 	By: 	/s/ Suzette Del Giudice
	 	 	Name: Suzette Del Giudice
	 	 	Title: Executive Vice President

 

[Signature Page to Amended and Restated
Registration Rights Agreement]

     

     

     

IN WITNESS WHEREOF, the undersigned have
caused this Agreement to be executed as of the date first written above.

 

	 	HOLDERS:
	 	 
	 	
        FIFTH WALL VENTURES, L.P.

         

        By:
        Fifth Wall Ventures GP, LLC, its General Partner

	 	 
	 	 
	 	By: 	/s/ Brad Greiwe
	 	 	Name: Brad Greiwe
	 	 	Title: Managing Director
	 	 	 
	 	FIFTH WALL VENTURES SPV I, L.P.
	 	 	 
	 	By: Fifth Wall Ventures GP, LLC, its General Partner
	 	 	 
	 	 	 
	 	By: 	/s/ Brad Greiwe
	 	 	Name: Brad Greiwe
	 	 	Title: Managing Director
	 	 	 
	 	 	 
	 	FIFTH WALL VENTURES SPV II, L.P.
	 	 	 
	 	By: Fifth Wall Ventures GP, LLC, its General Partner
	 	 
	 	 	 
	 	By: 	/s/ Brad Greiwe
	 	 	Name: Brad Greiwe
	 	 	Title: Managing Director

 

[Signature Page to Amended and Restated
Registration Rights Agreement]

     

     

     

	 	
        FIFTH WALL VENTURES SPV VIII, L.P.

         

        By: Fifth Wall Ventures GP, LLC, its General Partner

	 	 
	 	 
	 	By: 	/s/ Brad Greiwe
	 	 	Name: Brad Greiwe
	 	 	Title: Managing Director
	 	 	 
	 	 	 
	 	FIFTH WALL VENTURES SPV XIV, L.P.
	 	 	 
	 	By: Fifth Wall Ventures GP, LLC, its General Partner
	 	 
	 	 	 
	 	 	 
	 	By: 	/s/ Brad Greiwe
	 	 	Name: Brad Greiwe
	 	 	Title: Managing Director
	 	 	 
	 	 	 
	 	FIFTH WALL VENTURES SPV XV, L.P.
	 	 	 
	 	By: Fifth Wall Ventures GP, LLC, its General Partner
	 	 
	 	 	 
	 	By: 	/s/ Brad Greiwe
	 	 	Name: Brad Greiwe
	 	 	Title: Managing Director

 

[Signature Page to Amended and Restated
Registration Rights Agreement]

     

     

     

IN WITNESS WHEREOF, the undersigned have
caused this Agreement to be executed as of the date first written above.

 

	 	HOLDERS:
	 	 
	 	GENERAL ATLANTIC (ODL), L.P.
	 	 
	 	By: General Atlantic (SPV) GP, LLC, its General Partner
	 	 
	 	 
	 	By: 	/s/ J. Frank Brown
	 	 	Name: J. Frank Brown
	 	 	Title: Managing Director

 

[Signature Page to Amended and Restated
Registration Rights Agreement]

     

     

     

IN WITNESS WHEREOF, the undersigned have
caused this Agreement to be executed as of the date first written above.

 

	 	HOLDERS:
	 	 
	 	
        GGV CAPITAL V L.P.

         

        By: GGV Capital V L.L.C., its General Partner

	 	 
	 	 
	 	By: 	/s/ Glenn Solomon
	 	 	Name: Glenn Solomon
	 	 	Title: Managing Director
	 	 	 
	 	 	 
	 	GGV CAPITAL V ENTREPRENEURS FUND L.P.
	 	 	 
	 	By: GGV Capital V L.L.C., its General Partner
	 	 
	 	 	 
	 	 	 
	 	By: 	/s/ Glenn Solomon
	 	 	Name: Glenn Solomon
	 	 	Title: Managing Director
	 	 	 
	 	 	 
	 	GGV CAPITAL SELECT L.P.
	 	 	 
	 	By: GGV Capital Select L.L.C., its General Partner
	 	 
	 	 	 
	 	By: 	/s/ Glenn Solomon
	 	 	Name: Glenn Solomon
	 	 	Title: Managing Director

 

[Signature Page to Amended and Restated
Registration Rights Agreement]

     

     

     

IN WITNESS WHEREOF, the undersigned have
caused this Agreement to be executed as of the date first written above.

 

	 	HOLDERS:
	 	 
	 	
        KHOSLA VENTURES IV, LP

         

        By: Khosla Ventures Associates IV, LLC, its General
        Partner

	 	 
	 	 
	 	By: 	/s/ John Demeter
	 	 	Name: John Demeter
	 	 	Title: General Counsel
	 	 	 
	 	 	 
	 	KHOSLA VENTURES IV (CF), LP
	 	 	 
	 	By: Khosla Ventures Associates IV, LLC, its General Partner
	 	 	 
	 	 	 
	 	By: 	/s/ John Demeter
	 	 	Name: John Demeter
	 	 	Title: General Counsel

 

[Signature Page to Amended and Restated
Registration Rights Agreement]

     

     

     

	 	
        KHOSLA VENTURES SEED B, LP

         

        By: Khosla Ventures Seed Associates B, LLC, its General Partner

	 	 
	 	 
	 	By: 	/s/ John Demeter
	 	 	Name: John Demeter
	 	 	Title: General Counsel
	 	 	 
	 	 	 
	 	KHOSLA VENTURES SEEB (CF), LP
	 	 	 
	 	By: Khosla Ventures Seed Associates B, LLC, its General Partner
	 	 	 
	 	 	 
	 	By: 	/s/ John Demeter
	 	 	Name: John Demeter
	 	 	Title: General Counsel

 

[Signature Page to Amended and Restated
Registration Rights Agreement]

     

     

     

IN WITNESS WHEREOF, the undersigned have
caused this Agreement to be executed as of the date first written above.

 

	 	
        HOLDERS:

         

	 	
        LV OPENDOOR JV, LLC

         

        By:
        LV Opendoor Investor LLC, its Managing Member

         

        By: LEN X, LLC, its Sole Member

	 	 
	 	 
	 	By: 	/s/ Eric Feder
	 	 	Name: Eric Feder
	 	 	Title: Vice President
	 	 	 
	 	 	 
	 	LEN X, LLC (formerly known as Lennar Ventures, LLC)
	 	 	 
	 	 	 
	 	By: 	/s/ Eric Feder
	 	 	Name: Eric Feder
	 	 	Title: Vice President

 

[Signature Page to Amended and Restated
Registration Rights Agreement]

     

     

     

IN WITNESS WHEREOF, the undersigned have
caused this Agreement to be executed as of the date first written above.

 

	 	
        HOLDERS:

         

	 	
        NORWEST VENTURE PARTNERS XIII, LP

         

        By:
        Genesis VC Partners XIII, LLC, its General Partner

         

        By: NVP Associates, LLC, its Managing Member

         

	 	 
	 	By: 	/s/ Jeff Crowe
	 	 	Name: Jeff Crowe
	 	 	Title: Managing Member
	 	 	 
	 	 	 
	 	
        NORWEST VENTURE PARTNERS XIV, LP

         

        By:
        Genesis VC Partners XIV, LLC, its General Partner

         

        By: NVP Associates, LLC, its Managing Member

	 	 	 
	 	 	 
	 	By: 	/s/ Jeff Crowe
	 	 	Name: Jeff Crowe
	 	 	Title: Managing Member

 

[Signature Page to Amended and Restated
Registration Rights Agreement]

     

     

     

IN WITNESS WHEREOF, the undersigned have
caused this Agreement to be executed as of the date first written above.

 

	 	
        HOLDERS:

         

	 	SVF EXCALIBUR (CAYMAN) LIMITED
	 	 
	 	 
	 	By: 	/s/ Karen Ellerbe
	 	 	Name: Karen Ellerbe
	 	 	Title: Director

 

[Signature Page to Amended and Restated
Registration Rights Agreement]

     

     

     

	 	ChaChaCha
    SPAC B LLC 
	 	a Delaware limited liability company
	 	 
	 	 
	 	By: 	/s/ Chamath Palihapitiya
	 	 	Name: Chamath Palihapitiya
	 	 	Title: Sole Member

 

[Signature Page to Amended and Restated
Registration
Rights Agreement]

     

     

     

	 	Hedosophia Group Limited
	 	a Guernsey limited company
	 	 
	 	 
	 	By: 	/s/ Ian Osborne
	 	 	Name: Ian Osborne
	 	 	Title: Director

 

[Signature Page to Amended and
Restated Registration Rights Agreement]

     

     

     

	 	Hedosophia Public Investments Limited 
	 	a Guernsey limited company
	 	 
	 	 
	 	By: 	/s/ Ian Osborne
	 	 	Name: Ian Osborne
	 	 	Title: Director

 

[Signature Page to Amended and
Restated Registration Rights Agreement]

     

     

     

	 	Longsutton Limited
	 	a Guernsey limited company
	 	 
	 	 
	 	By: 	/s/ Ian Osborne
	 	 	Name: Ian Osborne
	 	 	Title: Director

 

[Signature Page to Amended and
Restated Registration Rights Agreement]

     

     

     

	 	010118 Management, L.P.
	 	a Delaware limited partnership
	 	 
	 	 
	 	By: 	/s/ Adam Bain
	 	 	Name: Adam Bain
	 	 	Title: Managing Member

 

[Signature Page to Amended and
Restated Registration Rights Agreement]

     

     

     

	 	/s/ Cipora Herman
	 	Cipora Herman
	 	 
	 	 
	 	/s/ David Spillane
	 	David Spillane

 

[Signature Page to Amended and
Restated Registration Rights Agreement] 

     

     

    

 

Exhibit A

 

REGISTRATION RIGHTS AGREEMENT JOINDER

 

The undersigned is
executing and delivering this joinder (this “Joinder”) pursuant to the Amended and Restated Registration
Rights Agreement, dated as of [●], 2020 (as the same may hereafter be amended, the “Registration Rights Agreement”),
among Opendoor Technologies Inc., a Delaware corporation (the “Company”), and the other persons or entities
named as parties therein. Capitalized terms used but not otherwise defined herein shall have the meanings provided in the Registration
Rights Agreement.

 

By executing and delivering
this Joinder to the Company, and upon acceptance hereof by the Company upon the execution of a counterpart hereof, the undersigned
hereby agrees to become a party to, to be bound by, and to comply with the Registration Rights Agreement as a Holder of Registrable
Securities in the same manner as if the undersigned were an original signatory to the Registration Rights Agreement, and the undersigned’s
shares of Common Stock shall be included as Registrable Securities under the Registration Rights Agreement to the extent provided
therein; provided, however, that the undersigned and its permitted assigns (if any) shall not have any rights as
Holders, and the undersigned’s (and its transferees’) shares of Common Stock shall not be included as Registrable Securities,
for purposes of the Excluded Sections.

 

For
purposes of this Joinder, “Excluded Sections” shall mean [          ].

 

Accordingly, the undersigned
has executed and delivered this Joinder as of the __________ day of __________, 20__.

 

 

	 	 
	 	Signature of Stockholder
	 	 
	 	 
	 	Print Name of Stockholder
	 	Its:
	 	 
	 	 
	 	Address:	 
	 	 
	 	 
	 	 
	Agreed and Accepted as of	 
	____________, 20__	 

 

	Opendoor Technologies Inc.	 
	 	 
	By:	          	 
	Name:	 
	Its:Exhibit 4.1

 

	NUMBER

        U-___________
	 	UNITS
	 	 	 
	SEE
    REVERSE FOR

    CERTAIN DEFINITIONS	LIGHTJUMP
    ACQUISITION CORPORATION	 

 

CUSIP
[●]

 

UNITS
CONSISTING OF ONE SHARE OF COMMON STOCK AND

ONE WARRANT

 

THIS
CERTIFIES THAT ______________________________________________________________

 

is
the owner of _____________________________________________________________________ Units.

 

Each
Unit (“Unit”) consists of one (1) share of common stock, par value $0.0001 per share (“Common
Stock”), of LightJump Acquisition Corporation, a Delaware corporation (the “Company”), and one
warrant (“Warrant”). Each Warrant entitles the holder to purchase one share of Common Stock for $11.50 per
share (subject to adjustment). Each Warrant will become exercisable on the date that is 30 days after the
Company’s completion of an initial merger, capital stock exchange, asset acquisition, or other similar business
combination with one or more businesses or entities (a “Business Combination”), and will expire unless
exercised before 5:00 p.m., New York City Time, on the fifth anniversary of the completion of an initial Business
Combination, or earlier upon redemption or liquidation. The Common Stock and Warrant(s) comprising the Unit(s)
represented by this certificate are not transferable separately until ninety days following the closing of the
Company’s initial public offering, unless EarlyBirdCapital, Inc. informs the Company of their decision to allow earlier
separate trading, except that in no event will the Common Stock and Warrants be separately tradeable until the Company has
filed an audited balance sheet reflecting the Company’s receipt of the gross proceeds of its initial public offering
and issued a press release announcing when such separate trading will begin. The terms of the Warrants are governed by a
Warrant Agreement, dated as of ___________, ____, between the Company and Continental Stock Transfer & Trust Company, as
Warrant Agent, and are subject to the terms and provisions contained therein, all of which terms and provisions the holder of
this certificate consents to by acceptance hereof. Copies of the Warrant Agreement are on file at the office of the Warrant
Agent at 1 State Street, 30th Floor, New York, New York 10004, and are available to any Warrant holder on
written request and without cost.

 

This
certificate is not valid unless countersigned by the Transfer Agent and Registrar of the Company. Witness the facsimile seal of
the Company and the facsimile signatures of its duly authorized officers.

 

	By	 	 	 
	 	Chairman	 	Secretary

 

 

 

     

     

    

 

LightJump
Acquisition Corporation

 

The
Company will furnish without charge to each shareholder who so requests, a statement of the powers, designations, preferences,
and relative, participating, optional, or other special rights of each class of stock or series thereof of the Company and the
qualifications, limitations, or restrictions of such preferences and/or rights.

 

The
following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were
written out in full according to applicable laws or regulations:

 

	 	TEN
    COM –	as
    tenants in common	UNIF
    GIFT MIN ACT - _____ Custodian ______
	 	TEN
    ENT –	as
    tenants by the entireties	  (Cust)                     (Minor)
	 	JT
    TEN –	as
    joint tenants with right of survivorship	 under
    Uniform Gifts to Minors
	 	 	and
    not as tenants in common	 Act
    ______________
	 	 	 	(State)

 

Additional
abbreviations may also be used though not in the above list.

 

For
value received, ___________________________ hereby sell, assign, and transfer unto

 

	PLEASE
                                         INSERT SOCIAL SECURITY OR OTHER

        IDENTIFYING
        NUMBER OF ASSIGNEE

         
	 
	 	 
	 	 

 

 

	 
	(PLEASE
    PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE)
	 
	 
	 
	 
	 
	 	Units

 

represented
by the within Certificate, and do hereby irrevocably constitute and appoint

 

	 	Attorney

to
transfer the said Units on the books of the within named Company with full power of substitution in the premises.

 

     

     

    

 

Dated ____________________

 

	 	 	 
	 	Notice:	The
    signature to this assignment must correspond with the name as written upon the face of the certificate in every particular,
    without alteration or enlargement or any change whatever.

 

Signature(s)
Guaranteed:

 

	 	 
	THE
    SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION
	(BANKS,
    STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH
	MEMBERSHIP
    IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM,
	PURSUANT
    TO S.E.C. RULE 17Ad-15).	 

 

The
holder(s) of this certificate shall be entitled to receive a pro-rata portion of the funds from the trust account with respect
to the common stock underlying this certificate only in the event that (i) the Corporation is forced to liquidate because it does
not consummate an initial business combination within the period of time set forth in the Corporation’s Amended and Restated
Certificate of Incorporation, as the same may be amended from time to time (the “Charter”) or (ii) if the holder
seeks to convert his shares upon consummation of, or sell his shares in a tender offer in connection with, an initial business
combination or in connection with certain amendments to the Charter. In no other circumstances shall the holder(s) have any right
or interest of any kind in or to the trust account.

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