Document:

Exhibit 10.9

 

MILAN PARENT, LLC

AMENDED AND RESTATED 2019 PHANTOM
INCENTIVE EQUITY PLAN

 

1.             Purposes.

 

The purpose of the Amended and
Restated Milan Parent, LLC 2019 Phantom Incentive Equity Plan is to advance the interests of Milan Parent, LLC (the “Company”)
by providing a means to attract and retain qualified employees, consultants and directors upon whose efforts and judgment its success
is largely dependent. The Plan amends and restates in its entirety the Milan Parent, LLC 2019 Phantom Incentive Equity Plan (the “Original
Plan”).

 

2.             Definitions.

 

For purposes of the Plan, capitalized
terms shall be defined in Appendix A.

 

3.             Administration.

 

(a)            Authority
of the Board. The Plan shall be administered by the Board, and the Board shall have full authority to take the following actions,
in each case subject to and consistent with the provisions of the Plan:

 

(i)           to select Eligible Persons to whom Awards may be granted;

 

(ii)          to determine the type and number of Awards to be granted, the terms and conditions of any Award to be granted under the Plan, and
all other matters to be determined in connection with any such Award;

 

(iii)         to
determine whether, to what extent, and under what circumstances an Award to be granted may be canceled, forfeited, exchanged, or surrendered;

 

(iv)         to
prescribe the form of each Award Agreement, which need not be identical for each Eligible Person;

 

(v)          to adopt, amend, suspend, waive, and rescind such rules and regulations and appoint such agents as the Board may deem necessary
or advisable to administer the Plan;

 

(vi)         to
correct any defect or supply any omission or reconcile any inconsistency in the Plan and to construe and interpret the Plan and any Award,
rules and regulations, Award Agreement, or other instrument hereunder;

 

(vii)        to accelerate the vesting of all or any portion of any Award; and

 

     

     

    

 

(viii)       to
make all other decisions and determinations as may be required under the terms of the Plan or as the Board may deem necessary or advisable
for the administration of the Plan.

 

(b)           Manner
of Exercise of Board Authority. The Board shall have sole discretion in exercising its authority under the Plan. Any action of the
Board with respect to the Plan shall be final, conclusive, and binding on all persons, including the Company, its Subsidiaries, Eligible
Persons and any person claiming any rights under the Plan from or through any Eligible Person, and Members. The express grant of any
specific power to the Board, and the taking of any action by the Board, shall not be construed as limiting any power or authority of
the Board. The Board may delegate to other members of the Board or officers or managers of the Company or any of its Subsidiaries the
authority, subject to such terms as the Board shall determine, to perform administrative functions.

 

(c)           Limitation of Liability. Each member of the Board shall be entitled to, in good faith, rely or act upon any report or other
information furnished to him or her by any officer or other employee of the Company or any of its Subsidiaries, the Company’s independent
certified public accountants, or other professional retained by the Company to assist in the administration of the Plan. No member of
the Board, and no officer or employee of the Company acting on behalf of the Board, shall be personally liable for any action, determination,
or interpretation taken or made in good faith with respect to the Plan, and all members of the Board and any officer or employee of the
Company acting on their behalf shall, to the extent permitted by law, be fully indemnified and protected by the Company with respect to
any such action, determination, or interpretation.

 

(d)           Limitation on Board’s Authority under 409A. Anything in this Plan to the contrary notwithstanding, the Board’s
authority, if any, to modify outstanding Awards shall be limited to the extent necessary so that the existence of such authority does
not (i) cause an Award that is not otherwise deferred compensation subject to Section 409A to become deferred compensation subject to
Section 409A or (ii) cause an Award that is otherwise deferred compensation subject to Section 409A to fail to meet the requirements prescribed
by Section 409A.

 

4.             Units Subject to the Plan.

 

(a)           Subject to adjustments as provided in Section 4(b), the total number of Phantom Units reserved for issuance in connection with
Awards under the Plan shall be 25,296. If, after the Effective Date, any Phantom Unit (or any Phantom Unit granted under the Original
Plan) is forfeited, or if any Phantom Unit (or any Phantom Unit granted under the Original Plan) has expired, terminated or been cancelled
for any reason whatsoever, and in any such case a Participant has received no benefits of ownership with respect to such forfeited, expired,
terminated or cancelled Phantom Unit, then such Phantom Unit (or any Phantom Unit granted under the Original Plan) shall revert to the
Company and shall become available to the Company to re-issue.

 

(b)           In the event that the Board shall determine that any transaction or event, including a capital contribution, affects the Units
or the Phantom Units such that an adjustment to the Phantom Units (or the Base Amount thereof) (or any Phantom Unit granted under the
Original Plan) is appropriate in order to prevent dilution or enlargement of the rights of Eligible Persons under the Plan, then the Board
shall make such equitable changes or adjustments as it deems appropriate.

 

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5.             Terms
of Awards.

 

(a)           General.
All Awards are granted on and subject to the terms and conditions set forth in, and the Participants shall have the rights and be subject
to the restrictions set forth in, this Plan and the applicable Award Agreement. In addition, the Board may, at the date of grant or thereafter
(subject to Section 6(d)) impose on any Award such additional terms and conditions, not inconsistent with the provisions of the Plan,
as the Board shall determine, and may at any time impose on any Award any terms and conditions required by applicable law. No Award will
be valid unless and until both parties sign an Award Agreement evidencing such Award.

 

(b)           Vesting
and Payment. Each Award Agreement shall set out the terms and conditions under which an Award shall be eligible to become vested
and the Payment Dates applicable to the vested portion of such Award.

 

(c)           Restrictions on Transfer. Except as provided in an applicable Award Agreement or as otherwise permitted by the Board, no
Participant may Transfer any Phantom Unit issued under the Plan (or any interest therein) and any such Transfer shall be void and unenforceable
against the Company or any of its Affiliates.

 

6.             General
Provisions.

 

(a)           Compliance
with Legal Requirements. The Plan, the granting of Awards thereunder, and the other obligations of the Company under the Plan and
any Award Agreement, shall be subject to all applicable federal, state and foreign laws, rules and regulations.

 

(b)           No
Right to Continued Employment or Service. Neither the Plan nor any action taken thereunder shall be construed as giving any individual
the right to be retained in the employ or service of the Company or any of its Subsidiaries, nor shall it interfere in any way with the
right of the Company or any of its Subsidiaries to terminate any individual’s employment or other service relationship at any time.

 

(c)           Taxes.
The Company or any Subsidiary of the Company is authorized to withhold from any payment relating to an Award under the Plan, or any payroll
or other payment to an Eligible Person, amounts of withholding and other taxes due in connection with any transaction involving an Award,
and to take such other action as the Board may deem advisable to enable the Company and Eligible Persons to satisfy obligations for the
payment of withholding taxes and other tax obligations relating to any Award.

 

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(d)           Changes to the Plan and Awards. The Board may amend, alter, suspend, discontinue, or terminate the Plan or the Board’s
authority to grant Awards under the Plan without the consent of Members or Participants, provided, however, that, without
the consent of an affected Participant, no amendment, alteration, suspension, discontinuation, or termination of the Plan may, taking
into account any related action, disproportionately and adversely affect the rights of such Participant under any Award theretofore granted
to such Participant. The Board may waive any conditions or rights under, amend any terms (including the Base Amount) of, or amend, alter,
suspend, discontinue or terminate, any Award theretofore granted, prospectively or retrospectively; provided, however, that,
without the consent of a Participant, no amendment, alteration, suspension, discontinuation or termination of any Award may, taking into
account any related action, disproportionately and adversely affect the rights of such Participant under any Award theretofore granted
to such Participant. Notwithstanding anything to the contrary in this Section 6(d), (i) no amendment or alteration to the Plan or any
Award made to reflect the issuance of additional Units or classes of Units (whether such additional Units are being granted rights that
are junior to, pari passu with or senior to the rights held by the Participants) shall require the consent of any Participant and (ii)
in the event of the consummation of an Initial Public Offering, the Board, without the consent of Members or Participants, may make such
amendments, adjustments or other modifications to the Plan and the outstanding Awards thereunder (including, without limitation, to provide
for payment in the form of equity securities of the Company or any of its Affiliates) as it may determine are appropriate.

 

(e)           No
Rights to Awards. No Eligible Person or employee shall have any claim to be granted any Award under the Plan, and there is no obligation
for uniformity of treatment of Eligible Persons and employees.

 

(f)            Unfunded Status of Awards. The Plan is intended to constitute an “unfunded” supplemental compensation program
that is not designed to systematically defer compensation payments until the termination of employment or otherwise provide retirement
income. Any payment to be made in respect of a Phantom Unit will be payable from the general assets of the Company, and no special or
separate reserve, fund or deposit will be made to assure any payment under the Plan. The obligation to make any payment hereunder lies
solely with the Company and its successors and assigns. No Participant, beneficiary or other person shall have any right, title or interest
in any fund or in any specific asset of the Company by reason of this Plan. To the extent that a Participant, beneficiary or other person
acquires a right to receive payment pursuant to this Plan, such right shall be the same as and no greater than the right of any unsecured
general creditor of the Company. To the extent that the Company’s obligations hereunder are satisfied through sources other than
by the direct payment by the Company, the Company’s obligation hereunder shall be reduced accordingly.

 

(g)           Nonexclusivity of the Plan. Neither the adoption of the Plan by the Board nor its submission to the Members for approval
shall be construed as creating any limitations on the power of the Board to adopt such other incentive arrangements as it may deem desirable,
including, without limitation, the granting of other awards otherwise than under the Plan, and such arrangements may be either applicable
generally or only in specific cases.

 

(h)           Not
Compensation for Benefit Plans. No Award payable under this Plan shall be deemed salary or compensation for the purpose of computing
benefits under any benefit plan or other arrangement of the Company for the benefit of its employees unless the Company shall determine
otherwise.

 

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(i)            No
Trust or Fiduciary Relationship Created. Neither the Plan nor any issuance made under the Plan shall create or be construed to create
a trust or a fiduciary relationship between the Company or any Affiliate and a Participant or any other Person.

 

(j)            Governing
Law. All issues and questions concerning the application, construction, validity, interpretation and enforcement of this Plan or
any other matter arising out of or in connection with this Plan or the transactions contemplated hereby, whether in contract, tort or
otherwise, shall be governed by, and construed in accordance with, the laws of the State of Delaware, and specifically the Act, without
giving effect to any choice of law or conflict of law rules or provisions (whether of the State of Delaware or any other jurisdiction)
that would cause the application of the laws of any jurisdiction other than the State of Delaware.

 

(k)           Effective
Date; Plan Termination. This Plan shall become effective as of July 23, 2019 (the “Effective Date”). The Plan
shall terminate as to future awards on the date which is twelve (12) years after the Effective Date.

 

(l)            Section 409A. The Plan and Awards issued thereunder are intended to be exempt from or to comply with Section 409A and shall
be interpreted consistent with such intent. To the extent that the Board determines that any Award granted under the Plan is subject to
Section 409A, the Plan and the Award Agreement evidencing such Award shall incorporate the terms and conditions required by Section 409A.
To the extent applicable, the Plan and any Award Agreements shall be interpreted in accordance with Section 409A and Department of Treasury
regulations and other interpretive guidance issued thereunder, including without limitation any such regulations or other guidance that
may be issued after the Effective Date. To the extent that any payment with respect to any Phantom Units constitutes “nonqualified
deferred compensation” subject to Section 409A, such payment shall not be made in connection with a Termination of Service unless
such Termination of Service constitutes a “separation from service” under Section 409A. Notwithstanding any provision of the
Plan or any Award Agreement to the contrary, in the event that, following the Effective Date, the Board determines that any payment under
an Award may be immediately taxable to a Participant under Section 409A, the Board reserves the right to (without any obligation to do
so or to indemnify any Participant for failure to do so), in its sole discretion, adopt such amendments to the Plan and the applicable
Award Agreement or adopt such other policies and procedures (including amendments, policies and procedures with retroactive effect), or
take any other actions, that the Board determines to be necessary or appropriate (i) to preserve the intended tax treatment of the benefits
provided with respect to the Award, to preserve the economic benefits with respect to the Award, or to avoid less favorable accounting
or tax consequences for the Company and/or (ii) to exempt the Phantom Units from Section 409A or to comply with the requirements of Section
409A and thereby avoid the application of penalty taxes thereunder. No provision of this Plan or any Award Agreement shall be interpreted
or construed to transfer any liability for failure to comply with the requirements of Section 409A from a Participant or any other individual
to the Company or any of its Affiliates, employees or agents.

 

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(m)          Titles and Headings. The titles and headings of the sections in the Plan are for convenience of reference only. In the event
of any conflict, the text of the Plan, rather than such titles or headings, shall control.

 

(n)           Foreign
Participants. Notwithstanding any provision of the Plan or any Award Agreement to the contrary, in order to comply with the laws
in countries other than the United States in which the Company and its Subsidiaries operate or engage any employees or other service
providers, the Board, in its sole discretion, shall have the power and authority to (i) determine which Subsidiaries shall be covered
by the Plan, (ii) determine which Persons outside the United States are eligible to participate in the Plan; (iii) modify the terms and
conditions of any Award granted to Participants outside the United States to comply with applicable foreign laws, and (iv) establish
subplans and modify the terms and procedures, to the extent such actions may be necessary or advisable (any such subplans and/or modifications
shall be attached to the Plan as appendices). For purposes of the Plan, all references to foreign laws, rules, regulations or taxes shall
be references to the laws, rules, regulations and taxes of any applicable jurisdiction other than the United States or a political subdivision
thereof.

 

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Appendix A

 

Definitions. The following
terms used in this Plan or any Award Agreement thereunder shall have the following meanings (unless otherwise expressly provided in this
Plan or any Award Agreement):

 

(a)           “Act” means Delaware Limited Liability Company Act.

 

(b)           “Affiliate” means, when used with reference to a specified Person, any Person that directly or indirectly controls
or is controlled by or is under common control with the specified Person. With respect to any Person who is an individual, “Affiliates”
shall also include, without limitation, any member of the Family Group of such individual.

 

(c)           “Award” means any award of Phantom Units granted to an Eligible Person under this Plan.

 

(d)           “Award Agreement” means any written agreement, contract, or other instrument or document evidencing an Award.

 

(e)           “Base Amount”, with respect to a Phantom Unit, means an amount determined by the Board at the time such Phantom Unit
is issued, which amount shall, unless otherwise specified by the Board, be the sum of (i) the amount set forth as the Base Amount in the
applicable Award Agreement, and (ii) the amount of all Capital Contributions (if any) made after the date such Phantom Unit is issued.

 

(f)            “Board” means the board of managers of the Company or its designee.

 

(g)           “Capital” means the amount of cash and the net Fair Market Value of any property contributed to the Company
by the Members pursuant to the terms of the LLC Agreement.

 

(h)           “Capital
Contribution” means any amount of Capital contributed to the Company by a Member pursuant to the terms of the LLC Agreement.
Any reference to the Capital Contributions of a Member will include the Capital Contributions made by a predecessor holder of the Units
of such Member.

 

(i)             “Cash Distributions” means actual cash proceeds or Cash Equivalent proceeds received by the LGP Entities in
respect of the LGP Equity Investment on or after the Effective Date, including (a) any cash dividends, cash distributions or cash interest
made or paid by the Company or any of its Subsidiaries in respect of the LGP Equity Investment (but excluding any management and similar
fees, tax distributions, expense reimbursements or other amounts payable that are not directly attributable to such investment) and (b)
any cash or Cash Equivalents received for the Transfer or other disposal of any portion of the LGP Equity Investment (including, without
limitation, any cash or Cash Equivalents received by the LGP Entities upon the conversion of non-Cash Distributions realized by the LGP
Entities on the LGP Equity Investment).

 

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(j)             “Cash Equivalents” means (a) securities issued or directly and fully guaranteed or insured by the full faith
and credit of the United States government; (b) marketable securities not subject to transfer restrictions; (c) certificates of deposit
or bankers acceptances with maturities of one year or less from institutions with at least $1 billion in capital and surplus and whose
long-term debt is rated at least “A-1” by Moody’s or the equivalent by Standard & Poor’s; or (d) commercial
paper issued by a corporation rated at least “A-1” by Moody’s or the equivalent by Standard & Poor’s and in
each case maturing within one year. Notwithstanding the foregoing, if any Member receives non-marketable securities, such securities shall
be counted for purposes of determining proceeds received when converted to cash, Cash Equivalents or marketable securities not subject
to transfer restrictions, provided, that any service-based requirement shall be satisfied as of the receipt of such non-marketable securities.

 

(k)            “Cause”, with respect to any Participant, means (i) “Cause” as defined in any employment, consulting
or similar agreement between the Participant and the Company or any of its Subsidiaries in effect at the time of the Participant’s
Termination of Service, or (ii) in the absence of any such employment, consulting or similar agreement (or the absence of any definition
of “Cause” contained therein), “Cause” shall mean any of the following events has occurred: (a) the Participant’s
continual or deliberate neglect of the performance of the Participant’s duties, including the failure to follow any lawful directive
of the Board; (b) the Participant’s failure to devote substantially all of the Participant’s working time to the business
of the Company and its Affiliates; (c) the Participant engaging willfully in misconduct in connection with the performance of any of the
Participant’s duties, including, without limitation, the misappropriation of funds or securing or attempting to secure personally
any profit in connection with any transaction entered into on behalf of the Company or its Affiliates; (d) the Participant’s material
breach of any confidentiality, non-competition, non-solicitation or similar obligation binding on the Participant, including any such
provisions set forth in any employee contract or agreement or other agreement to which the Participant is bound; (e) the Participant’s
violation, in any material respect, of any written code of conduct or other material written policy of the Company; (f) the Participant’s
active disloyalty to the Company or its Affiliates, including, without limitation, willfully aiding a competitor or improperly disclosing
confidential information; or (g) the Participant engaging in conduct that may reasonably result in material injury to the reputation of
the Company or its Affiliates, including conviction or entry of a plea of nolo contendere for a felony or any crime involving moral turpitude
under federal, state or local laws.

 

(l)            “Change of Control” means the occurrence of any of the following:

 

(i)        any individual,
entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act (a “group”)), other than the LGP Entities,
acquires direct or indirect beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of more than 50%
of the then outstanding Class A Units or other voting securities of the Company (including any surviving entity by merger or consolidation),
and shall include any merger or business combination with another unaffiliated Person if the Persons holding direct or indirect beneficial
ownership in the aggregate of more than 50% of the outstanding Class A Units or other voting securities of the Company (including any
surviving entity by merger or consolidation) immediately prior to such transaction cease to hold direct or indirect beneficial ownership
of more than 50% of such outstanding Class A Units or other voting securities or otherwise control such entity immediately following such
transaction; or

 

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(ii)       other
than in connection with a Roll-up Transaction, the Company (or any successor thereof, including any successor to all or substantially
all of the assets thereof) sells or disposes of all or substantially all of its assets (or any other transaction having a similar effect
is consummated, other than a merger or consolidation), other than the sale or transfer of assets to a directly or indirectly wholly-owned
Subsidiary of the Company.

 

(m)          “Class A Capital Value” means (a) for each Class A Unit issued and outstanding as of the effective date of the
LLC Agreement, one thousand dollars ($1000), and (b) unless the Board determines otherwise in its sole discretion, for each Class A Unit
issued after such effective date, the Class A Unreturned Capital Value (calculated at such date of issuance) of a Class A Unit issued
as of such effective date.

 

(n)           “Class
A Unit” means a Unit having the rights and obligations specified with respect to a “Class A Unit” granted to a
Member.

 

(o)           “Class
A Unreturned Capital Value” means, for any Class A Unit at any time, the Class A Capital Value for such Class A Unit, reduced,
but not below zero, by the aggregate amount of all distributions deemed made by the Company in respect of such Class A Unit pursuant
to clause (i)(a) of the definition of “Phantom Unit Payment” prior to such time.

 

(p)           “Commission”
means the U.S. Securities and Exchange Commission.

 

(q)           “Corporation” means any of the following, as the context may require: (a) any corporation that is the successor
to the Company (whether by merger, conversion or otherwise) in a Roll-up Transaction and is the issuer in an Initial Public Offering;
(b) any corporation the equity interests in which are received or receivable by Members in exchange for their Units in a Roll-up Transaction
and that is the issuer in an Initial Public Offering or (c) any corporation that is a Subsidiary of the Company, the equity interests
in which are distributed to Members in connection with a liquidation of the Company in a Roll-up Transaction, and that is the issuer in
an Initial Public Offering.

 

(r)            “Disability”
means, with respect to any Participant, (a) the Participant’s incompetence, as determined and declared by a court of competent
jurisdiction or (b) as determined in good faith by the Company, that the mental or physical incapacity of the Participant is such that
the Participant is incapable of rendering services to the Company for a period of ninety (90) consecutive days or for an aggregate of
one hundred and twenty (120) days in any period of three hundred and sixty five (365) consecutive days.

 

(s)           “Eligible
Person” means an employee, consultant or director of the Company or any of its Subsidiaries.

 

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(t)            “Exchange Act” means the Securities Exchange Act of 1934, as amended.

 

(u)           “Fair Market Value” of any asset as of any date means the purchase price that a willing buyer, under no compulsion
to buy and having all relevant knowledge, would pay a willing seller under no compulsion to sell for such asset in an arm’s-length
transaction, as determined in good faith by the Board based on such factors as the Board, in the exercise of its reasonable business judgment,
considers relevant; provided that for purposes of clause (II) of the proviso of the definition of “Phantom Unit Payment,”
(x) the Fair Market Value of any Phantom Unit as of any date of determination (i) shall be the amount a holder of a Phantom Unit would
receive with respect to such Phantom Unit, determined on the basis of a hypothetical liquidation of the Company at the date of determination
in accordance with clauses (i) through (iv) of the definition of “Phantom Unit Payment” (which shall require a determination
of the Fair Market Value of the assets of the Company in accordance with this definition) and (ii) shall be determined with a 20% minority
discount, and (y) for purposes of the foregoing clause (x), the value of the Company shall be the amount that a willing buyer, under no
compulsion to buy and having all relevant knowledge, would pay a willing seller, under no compulsion to sell, in an arm’s-length
transaction, for the Company’s assets as a whole and as a going concern, as determined in good faith by the Board based on such
factors as the Board, in the exercise of its reasonable business judgment, considers relevant.

 

(v)           “Family Group” means, with respect to any Person who is an individual, (i) such Person’s spouse, former
spouse, ancestors and descendants (whether natural or adopted), parents and their descendants and any spouse of the foregoing persons
(collectively, “relatives”), (ii) the trustee, fiduciary or personal representative of such Person with respect to any trust
solely for the benefit of such Person and/or such Person’s relatives (and under the sole control of such Person and/or such Person’s
relatives) or (iii) any limited partnership, limited liability company or corporation the governing instruments of which provide that
such Person (or such Person’s relatives) shall have the sole and exclusive, nontransferable power to direct the management and policies
of such entity and of which the sole owners of partnership interests, membership interests or any other equity interests are, and will
remain, limited to such Person and such Person’s relatives.

 

(w)          “Initial Public Offering” means a bona fide underwritten primary and/or secondary public offering of Interests
in the Company or common stock of a Corporation pursuant to a registration statement filed with the Commission.

 

(x)            “Interest”
means the interest acquired by a Member in the Company, including such Member’s right (based on the type and class and/or series
of Unit or Units held by such Member), as applicable, (i) to a distributive share of profits, losses, and other items of income, gain,
loss, deduction and credits of the Company, (ii) to a distributive share of the assets of the Company, (iii) to vote on, consent to or
otherwise participate in any decision of the Members, and (iv) to any and all other benefits to which such Member may be entitled as
provided in the Act.

 

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(y)           “LGP Entities” means any of (i) Green Equity Investors VII, L.P., a Delaware limited partnership, (ii) Green
Equity Investors Side VII, L.P., a Delaware limited partnership, (iii) Milan Coinvest, LLC, a Delaware limited liability company, (iv)
Milan Blocker LLC, a Delaware limited liability company and (v) Affiliates of any of the foregoing; provided, however, that the Company
and its Subsidiaries shall not be considered LGP Entities.

 

(z)            “LGP Equity Investment” shall mean the amount of the total investment of the LGP Entities in equity securities
of the Company and its Subsidiaries.

 

(aa)         “LLC
Agreement” means the Amended and Restated Limited Liability Company Operating Agreement of the Company, dated as of June 24,
2019, as amended from time to time.

 

(bb)         “Measurement
Date” shall mean each date on which the LGP Entities receive Cash Distributions in connection with their LGP Equity Investment.

 

(cc)         “Member” means Milan Aggregator LLC, a Delaware limited liability company, any Transferee thereof that is admitted
to the Company, Abram Schumacher, Shikhar Saxena, and the additional Persons admitted from time to time as Members of the Company.

 

(dd)         “Participant”
means an Eligible Person who has been granted an Award under this Plan.

 

(ee)         “Payment Dates” means the payment dates set forth in the applicable Award Agreement.

 

(ff)           “Performance Vesting Phantom Unit” shall mean a Phantom Unit that vests based wholly or in part on the attainment
of performance conditions.

 

(gg)         “Person” means any individual, corporation, partnership, limited liability company, trust, joint venture, governmental
entity or other unincorporated entity, association or group.

 

(hh)         “Phantom
Unit” means a notional unit representing a Participant’s right to receive a Phantom Unit Payment, subject to the terms
and conditions set forth in this Plan and such Participant’s applicable Award Agreement.

 

(ii)            “Phantom Unit Payment” means the right to receive a payment from the Company (in cash or securities of the Company
or one of its Affiliates or such other form of payment as the Board may determine in its sole discretion) on a Payment Date with respect
to any Phantom Unit, which, as of any Payment Date, shall be equal to the amount of all distributions that would have been paid with respect
to such Phantom Unit on or prior to such Payment Date had any distributions (other than tax distributions) made by the Company on or prior
to such payment date been distributed in accordance with the following clauses (i) through (iv) (in lieu of the distribution waterfall
in the LLC Agreement), in the case of each such distribution determined based on the number of Class A Units and Phantom Units outstanding
and the amount of Class A Unreturned Capital Value on the date of such distribution; provided that (I) in the event of a Primary Payment
Date that is the date of consummation of a Change of Control described in clause (i) of the definition thereof, the Phantom Unit Payment
shall be determined by assuming that 100% of the aggregate equity value of the Company implied by the aggregate purchase price payable
for the Units in such Change of Control were distributed to the Members and Participants pursuant to the following clauses (i) through
(iv) and (II) in the event of a Primary Payment Date that is the date of a Qualifying Termination, the Phantom Unit Payment shall be equal
to the Fair Market Value of the Phantom Unit as of such Payment Date.

 

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(i)            Available cash or other assets (taking such other assets into account at their Fair Market Value at the time of distribution) shall
be distributed in the following order and priority:

 

		a.	First, to each holder of Class A Units in proportion to and to the extent of the Class A Unreturned Capital
Value with respect to each Class A Unit owned by each such holder immediately prior to such distribution, until the Class A Unreturned
Capital Value with respect to each such Class A Unit has been returned to each such holder; and

 

		b.	Second, to each holder of Class A Units and/or Time Vesting Phantom Units in proportion to the number
of Class A Units and/or Time Vesting Phantom Units held by each such holder until the LGP Entities have received distributions pursuant
to this clause (i) equal to 2.0 times the amount of the LGP Equity Investment;

 

		c.	Third, to each holder of Performance Vesting Phantom Units until the distributions made with respect to
each Performance Vesting Phantom Unit pursuant to this clause (i)(c) equal the distributions that have previously been made or would have
previously been made with respect to a Time Vesting Phantom Unit with the same Base Amount as such Performance Vesting Phantom Unit; and

 

		d.	Fourth, to each holder of Class A Units, Time Vesting Phantom and/or Performance Vesting Phantom Units
in proportion to the number of Class A Units, Time Vesting Units and/or Performance Vesting Units held by each such holder; provided that
Phantom Units, in the aggregate, shall not receive a share of any such distribution made that exceeds 8% of the aggregate distributions
made pursuant to clauses (i)(b) and (i)(c) and this clause (i)(d). Any excess distributions shall reduce distributions among the applicable
Phantom Units in a manner that shall be determined by the Board.

 

(ii)           Notwithstanding
clause (i), any amount otherwise distributable to a Participant with respect to an unvested Phantom Unit (an “Unvested Distribution
Amount”) pursuant to clause (i) shall not be paid to such Participant until such unvested Phantom Unit vests in accordance
with the applicable Award Agreement. If any Phantom Unit is forfeited or cancelled prior to vesting, any Unvested Distribution Amounts
with respect to such Phantom Unit shall be forfeited.

 

    - 12 -

     

    

 

(iii)          Notwithstanding anything to the contrary contained herein, no distributions will be made in respect of any forfeited Phantom Unit.

 

(iv)          Notwithstanding
clause (i), no amount shall be distributed with respect to a Phantom Unit unless, prior to such distribution, distributions have been
made with respect to the Class A Units and the Phantom Units with a lower Base Amount (if any) (the “Prior Phantom Units”)
such that the aggregate amount that holders of all Class A Units and Prior Phantom Units have received pursuant to clause (i) equals
the Base Amount of such Phantom Unit (the making of such distributions, a “Threshold Event”). In the case of a distribution
pursuant to clause (i) that causes a Threshold Event with respect to a holder of Phantom Units, the holder of such Phantom Units shall
be eligible to receive only the pro rata share of the distribution being made pursuant to clause (i) that is in excess of the amount
necessary to reach the Threshold Event. Without limiting any of its other powers herein, the Board may determine to amend this Plan in
order to make such changes as the Board determines in its good faith discretion are necessary or appropriate to reflect the principles
set forth in this clause (iv) and no such amendment shall, for purposes of this Agreement, be deemed to disproportionately and adversely
affect any particular Participant.

 

(jj)           “Plan”
means this Milan Parent, LLC 2019 Phantom Incentive Equity Plan.

 

(kk)         “Proprietary
Information” shall mean, for purposes of Exhibit A of the Award Agreement, (a) the name or address of any customer,
supplier or affiliate of the Company or any information concerning the transactions or relations of any customer, supplier or affiliate
of the Company or any of its partners; (b) any information concerning any product, service, technology or procedure offered or used
by the Company, or under development by or being considered for use by the Company; (c) any information relating to marketing or
pricing plans or methods, capital structure, or any business or strategic plans of the Company; (d) any Inventions covered by Section
5 of the Award Agreement; and (e) any other information which the Board has determined by resolution and communicated to the Participant
in writing to be Proprietary Information for purposes hereof; provided, however, that “Proprietary Information”
shall not include any information that is or becomes generally known to the public other than through actions of the Participant in violation
of the restrictive covenants set forth in Exhibit A of the Award Agreement.

 

(ll)            “Qualifying
Termination”, with respect to any Participant, shall mean such Participant’s Termination of Service (x) by the Company
and its Subsidiaries without Cause, (y) by the Participant for any reason following the later of (i) June 24, 2021 and (ii) the second
anniversary of the date of hire of the Participant by the Company or any of its Subsidiaries, or (z) due to the Participant’s death
or Disability.

 

    - 13 -

     

    

 

(mm)       
“Roll-up Transaction” means a transaction or series of transactions in connection with the consummation of an
Initial Public Offering pursuant to which Units will be exchanged for or converted into common shares of a C corporation (including, without
limitation, a Subsidiary of the Company) that has substantially the same assets as directly or indirectly held by the Company prior to
such transaction, which may include a liquidation of the Company.

 

(nn)         “Section
409A” means Section 409A of the Code and any regulations and guidelines issued thereunder.

 

(oo)         “Subsidiary”
means, with respect to any Person, any other Person controlled by such Person.

 

(pp)         “Termination
of Service” means, unless otherwise defined in an applicable Award Agreement, the termination of the Participant’s employment
or other service relationship with the Company and all of its Subsidiaries by which the Participant is engaged. A Participant engaged
by a Subsidiary of the Company shall also be deemed to incur a Termination of Service if the Subsidiary of the Company ceases to be such
a Subsidiary and the Participant does not immediately thereafter become an employee or other service provider of the Company or another
Subsidiary of the Company. Temporary absences from employment or service because of illness, vacation or leave of absence and transfers
among the Company and its Subsidiaries shall not be considered a Termination of Service. For the avoidance of doubt, a transfer of an
employee or other service provider from the Company to any Subsidiary of the Company, or from any Subsidiary of the Company to the Company
or any other Subsidiary of the Company, shall not be considered a Termination of Service.

 

(qq)         “Time Vesting Phantom Unit” means a Phantom Unit that vests solely based on the passage of time.

 

(rr)           “Transfer” means any direct or indirect, when used as a noun, voluntary or involuntary sale, hypothecation,
pledge, assignment (as collateral or otherwise), attachment, encumbrance, or other transfer or disposition, and, when used as a verb,
means to, directly or indirectly, voluntarily or in-voluntarily, sell, hypothecate, pledge, assign (as collateral or otherwise), encumber,
or otherwise transfer or dispose. “Transferor”, “Transferee” and all conjugations of “Transfer” shall
have correlative meanings.

 

(ss)         “Units” means the units of the Company and includes the Class A Units and any other class of Units of the Company
designated by the Board.

 

    - 14 -Exhibit 10.13

 

INDEMNIFICATION
And Advancement AGREEMENT

 

This Indemnification and Advancement
Agreement (“Agreement”) is made as of ________ __, 2021 by and between Milan Laser Inc., a Delaware corporation (the “Company”),
and ______________, a member of the Board of Directors or an officer of the Company (“Indemnitee”). This Agreement supersedes
and replaces any and all previous Agreements between the Company and Indemnitee covering indemnification and advancement (provided that
this Agreement is a supplement to and in furtherance of the Bylaws (as defined below), Certificate of Incorporation (as defined below),
the Stockholders’ Agreement (as defined below) and any resolutions adopted pursuant thereto, and is not a substitute therefor, nor
diminishes or abrogates any rights of Indemnitee thereunder).

 

RECITALS

 

WHEREAS, the Board of Directors
of the Company (the “Board”) believes that highly competent persons have become more reluctant to serve publicly-held corporations
as directors, officers, or in other capacities unless they are provided with adequate protection through insurance or adequate indemnification
and advancement of expenses against inordinate risks of claims and actions against them arising out of their service to and activities
on behalf of the corporation;

 

WHEREAS, the Board has determined
that, in order to attract and retain qualified individuals, the Company will attempt to maintain on an ongoing basis, at its sole expense,
liability insurance to protect persons serving the Company and its subsidiaries from certain liabilities. The amended and restated bylaws
and amended and restated certificate of incorporation of the Company (each as may be amended from time to time, the “Bylaws”
and “Certificate of Incorporation,” respectively) require indemnification of the officers and directors of the Company. Indemnitee
may also be entitled to indemnification pursuant to the General Corporation Law of the State of Delaware (the “DGCL”). The
Bylaws, Certificate of Incorporation, the Stockholders’ Agreement and the DGCL expressly provide that the indemnification provisions
set forth therein are not exclusive, and thereby contemplate that contracts may be entered into between the Company and members of the
Board, officers and other persons with respect to indemnification and advancement of expenses;

 

WHEREAS, the uncertainties
relating to such insurance, to indemnification, and to advancement of expenses may increase the difficulty of attracting and retaining
such persons;

 

WHEREAS, the Board has determined
that the increased difficulty in attracting and retaining such persons is detrimental to the best interests of the Company and its stockholders
and that the Company should act to assure such persons that there will be increased certainty of such protection in the future;

 

WHEREAS, it is reasonable,
prudent and necessary for the Company to obligate itself contractually to indemnify, and to advance expenses on behalf of, such persons
to the fullest extent permitted by Applicable Law (as defined below) so that they will serve or continue to serve the Company free from
undue concern that they will not be so indemnified;

 

     

     

    

 

WHEREAS, this Agreement is
a supplement to and in furtherance of the Bylaws, Certificate of Incorporation, the Stockholders’ Agreement and any resolutions
adopted pursuant thereto, and is not a substitute therefor, nor diminishes or abrogates any rights of Indemnitee thereunder; and

 

WHEREAS, Indemnitee does
not regard the protection available under the Bylaws, Certificate of Incorporation, the Stockholders’ Agreement, DGCL and insurance
as adequate in the present circumstances, and may not be willing to serve or continue to serve as an officer or director without adequate
additional protection, and the Company desires Indemnitee to serve or continue to serve in such capacity. Indemnitee is willing to serve,
continue to serve and to take on additional service for or on behalf of the Company on the condition that Indemnitee be so indemnified
and be advanced expenses.

 

NOW, THEREFORE, in consideration
of the premises and the covenants contained herein, the Company and Indemnitee do hereby covenant and agree as follows:

 

Section 1.               Services
to the Company. Indemnitee agrees to serve as a director or officer of the Company. Indemnitee may at any time and for any reason
resign from such position (subject to any other contractual obligation or any obligation imposed by operation of law). This Agreement
does not create any obligation on the Company to continue Indemnitee in such position and is not an employment contract between the Company
(or any of its subsidiaries or any Enterprise) and Indemnitee.

 

Section 2.               Definitions.
As used in this Agreement:

 

(a)            “Agent”
means any person who is authorized by the Company or an Enterprise to act for or represent the interests of the Company or an Enterprise,
respectively.

 

(b)            “Applicable
Law” means applicable law, including as it presently exists or may hereafter be amended, but, in the case of any such amendment,
only to the extent that such amendment permits the Company to provide broader indemnification rights than such law permitted the Company
to provide prior to such amendment.

 

(c)            A
 “Change in Control” occurs upon the earliest to occur after the date of this Agreement of any of the following events:

 

i.            Acquisition
of Stock by Third Party. Any Person (as defined below), other than a Designated Person, is or becomes the Beneficial Owner (as defined
below), directly or indirectly, of securities of the Company representing (A) for so long as a Designated Person or Designated Persons
acting as a group (within the meaning of Section 13(d) of the Exchange Act) hold or holds fifty percent (50%) or more of the
combined voting power of the Company’s then outstanding securities, fifty percent (50%) or more of the combined voting power of
the Company’s then outstanding securities and (B) otherwise, fifteen percent (15%) or more of the combined voting power of
the Company’s then outstanding securities unless the change in relative beneficial ownership of the Company’s securities by
any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the
election of directors or the voting rights with respect to such shares of securities;

 

     -2-

     

    

 

ii.            Change
in the Board. Other than as contemplated by that certain Stockholders’ Agreement dated [ l ],
2021, by and among the Designated Persons (or their affiliates) and the Company (as may be amended from time to time, the “Stockholders’
Agreement”), during any period of two (2) consecutive years (not including any period prior to the execution of this Agreement),
individuals who at the beginning of such period constitute the Board, and any new director (other than a director designated by a person
who has entered into an agreement with the Company to effect a transaction described in Sections 2(c)(i), 2(c)(iii) or 2(c)(iv))
whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds
of the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election
was previously so approved, cease for any reason to constitute at least a majority of the members of the Board;

 

iii.            Corporate
Transactions. The effective date of a merger or consolidation of the Company with any other entity, other than a merger or consolidation
which would result in the voting securities of the Company outstanding immediately prior to such merger or consolidation continuing to
represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) more than a majority
of the combined voting power of the voting securities of the surviving entity outstanding immediately after such merger or consolidation
and with the power to elect at least a majority of the Board or other governing body of such surviving entity;

 

iv.            Liquidation.
The approval by the stockholders of the Company of a complete liquidation of the Company or an agreement for the sale or disposition by
the Company of all or substantially all of the Company’s assets; and

 

v.            Other
Events. There occurs any other event of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A
of Regulation 14A (or a response to any similar item on any similar schedule or form) promulgated under the Exchange Act (as defined below),
whether or not the Company is then subject to such reporting requirement.

 

vi.            For
purposes of this Section 2(c), the following terms have the following meanings:

 

		1	“Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time.

 

		2	“Person” has the meaning as set forth in Sections 13(d) and 14(d) of the Exchange
Act; provided, however, that Person excludes (i) the Company, (ii) any trustee or other fiduciary holding securities under an
employee benefit plan of the Company and (iii) any corporation owned, directly or indirectly, by the stockholders of the Company
in substantially the same proportions as their ownership of stock of the Company.

 

     -3-

     

    

 

		3	“Beneficial Owner” has the meaning given to such term in Rule 13d-3 under the Exchange
Act; provided, however, that Beneficial Owner excludes any Person otherwise becoming a Beneficial Owner by reason of the stockholders
of the Company approving a merger of the Company with another entity.

 

(d)            “Corporate
Status” describes the status of a person who is or was acting as a director, officer, employee, fiduciary, or Agent of the Company
or an Enterprise.

 

(e)            “Designated
Person” means the Sponsor Entities or either Co-founder (as defined in the Certificate of Incorporation) (or an affiliate of a Co-founder).

 

(f)            “Disinterested
Director” means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification is
sought by Indemnitee.

 

(g)            “Enterprise”
means any other corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other entity for which
Indemnitee is or was serving at the request of the Company as a director, officer, employee, fiduciary or Agent.

 

(h)            “Expenses”
includes all reasonable attorneys’ fees, retainers, court costs, transcript costs, fees of experts and other professionals, witness
fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, any federal,
state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt of any payments under this Agreement,
ERISA excise taxes and penalties, and all other disbursements or expenses of the types customarily incurred in connection with prosecuting,
defending, preparing to prosecute or defend, investigating, being or preparing to be a witness in, or otherwise participating in, a Proceeding.
Expenses also include (i) Expenses incurred in connection with any appeal resulting from any Proceeding, including without limitation
the premium, security for, and other costs relating to any cost bond, supersedes bond, or other appeal bond or its equivalent, and (ii) for
purposes of Section 14(d) only, Expenses incurred by Indemnitee in connection with the interpretation, enforcement or defense
of Indemnitee’s rights under this Agreement, by litigation or otherwise. The parties agree that for the purposes of any advancement
of Expenses for which Indemnitee has made written demand to the Company in accordance with this Agreement, all Expenses included in such
demand that are certified by affidavit of Indemnitee’s counsel as being reasonable in the good faith judgment of such counsel will
be presumed conclusively to be reasonable. Expenses, however, do not include amounts paid in settlement by Indemnitee or the amount of
judgments or fines against Indemnitee

 

(i)            “Independent
Counsel” means a law firm, or a member of a law firm, that is experienced in matters of corporation law and neither presently is,
nor in the past five years has been, retained to represent: (i) the Company or Indemnitee in any matter material to either such party
(other than with respect to matters concerning the Indemnitee under this Agreement, or of other indemnitees under similar indemnification
agreements), or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding the
foregoing, the term “Independent Counsel” does not include any person who, under the applicable standards of professional
conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee in an action to determine
Indemnitee’s rights under this Agreement.

 

     -4-

     

    

 

(j)            The
term “Proceeding” includes any threatened, pending or completed action, suit, claim, counterclaim, cross claim, arbitration,
mediation, alternate dispute resolution mechanism, investigation, inquiry, administrative hearing or any other actual, threatened or completed
proceeding, whether brought in the right of the Company or otherwise and whether of a civil, criminal, administrative, legislative, or
investigative (formal or informal) nature, including any appeal therefrom, in which Indemnitee was, is or will be involved as a party,
potential party, non-party witness or otherwise by reason of Indemnitee’s Corporate Status or by reason of any action taken by Indemnitee
(or a failure to take action by Indemnitee) or of any action (or failure to act) on Indemnitee’s part while acting pursuant to Indemnitee’s
Corporate Status, in each case whether or not serving in such capacity at the time any liability or Expense is incurred for which indemnification,
reimbursement, or advancement of Expenses can be provided under this Agreement. A Proceeding also includes a situation the Indemnitee
believes in good faith may lead to or culminate in the institution of a Proceeding.

 

(k)            “Sponsor
Entities” means funds affiliated with or endorsed by Leonard Green & Partners, L.P., a Delaware limited partnership,
and its affiliates.

 

Section 3.            Indemnity
in Third-Party Proceedings. The Company will indemnify Indemnitee in accordance with the provisions of this Section 3 if Indemnitee
is, or is threatened to be made, a party to or a participant in any Proceeding, other than a Proceeding by or in the right of the Company
to procure a judgment in its favor. Pursuant to this Section 3, the Company will indemnify Indemnitee to the fullest extent permitted
by Applicable Law against all Expenses, judgments, fines and amounts paid in settlement (including all interest, assessments and other
charges paid or payable in connection with or in respect of such Expenses, judgments, fines and amounts paid in settlement) actually and
reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with such Proceeding or any claim, issue or matter therein,
if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the
Company and, in the case of a criminal Proceeding had no reasonable cause to believe that Indemnitee’s conduct was unlawful.

 

Section 4.            Indemnity
in Proceedings by or in the Right of the Company. The Company will indemnify Indemnitee in accordance with the provisions of this
Section 4 if Indemnitee is, or is threatened to be made, a party to or a participant in any Proceeding by or in the right of the
Company to procure a judgment in its favor. Pursuant to this Section 4, the Company will indemnify Indemnitee to the fullest extent
permitted by Applicable Law against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection
with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed
to be in or not opposed to the best interests of the Company. The Company will not indemnify Indemnitee for Expenses under this Section 4
related to any claim, issue or matter in a Proceeding for which Indemnitee has been finally adjudged by a court of competent jurisdiction
to be liable to the Company, unless, and only to the extent that, the Delaware Court of Chancery or any court in which the Proceeding
was brought determines upon application by Indemnitee that, despite the adjudication of liability but in view of all the circumstances
of the case, Indemnitee is fairly and reasonably entitled to indemnification.

 

     -5-

     

    

 

Section 5.            Indemnification
for Expenses of a Party Who is Wholly or Partly Successful. To the fullest extent permitted by Applicable Law, the Company will indemnify
Indemnitee against all Expenses actually and reasonably incurred by Indemnitee in connection with any Proceeding the extent that Indemnitee
is successful, on the merits or otherwise. If Indemnitee is not wholly successful in such Proceeding but is successful, on the merits
or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding, the Company will indemnify Indemnitee
against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with or related to each
successfully resolved claim, issue or matter to the fullest extent permitted by Applicable Law. For purposes of this Section 5 and
without limitation, the termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, will be
deemed to be a successful result as to such claim, issue or matter.

 

Section 6.            Indemnification
For Expenses of a Witness. To the fullest extent permitted by Applicable Law, the Company will indemnify Indemnitee against all Expenses
actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with any Proceeding to which Indemnitee is
not a party but to which Indemnitee is a witness, deponent, interviewee, or otherwise asked to participate.

 

Section 7.            Partial
Indemnification. For the avoidance of doubt, if Indemnitee is entitled under any provision of this Agreement to indemnification by
the Company for some or a portion of Expenses, but not, however, for the total amount thereof, the Company will indemnify Indemnitee for
the portion thereof to which Indemnitee is entitled.

 

Section 8.            Additional
Indemnification. Notwithstanding any limitation in Sections 3, 4, or 5, the Company will indemnify Indemnitee to the fullest extent
permitted by Applicable Law if Indemnitee is a party to or threatened to be made a party to in any Proceeding (including a Proceeding
by or in the right of the Company to procure a judgment in its favor).

 

Section 9.            Exclusions.
Notwithstanding any provision in this Agreement, the Company is not obligated under this Agreement to make any indemnification payment
to Indemnitee in connection with any Proceeding:

 

(a)             for
which payment has actually been made to or on behalf of Indemnitee under any insurance policy or other indemnity provision, except to
the extent provided in Section 15(b) and except with respect to any excess beyond the amount paid under any insurance policy
or other indemnity provision; or

 

(b)             for
(i) an accounting of profits made from the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company within
the meaning of Section 15(b) of the Exchange Act (as defined in Section 2(c) hereof) or similar provisions of state
statutory law or common law, (ii) any reimbursement of the Company by the Indemnitee of any bonus or other incentive-based or equity-based
compensation or of any profits realized by the Indemnitee from the sale of securities of the Company, as required in each case under the
Exchange Act (including any such reimbursements that arise from an accounting restatement of the Company pursuant to Section 304
of the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley Act”), or the payment to the Company of profits arising from the purchase
and sale by Indemnitee of securities in violation of Section 306 of the Sarbanes-Oxley Act) or (iii) any reimbursement of the
Company by Indemnitee of any compensation pursuant to any compensation recoupment or clawback policy adopted by the Board or the compensation
committee of the Board, including but not limited to any such policy adopted to comply with stock exchange listing requirements implementing
Section 10D of the Exchange Act; or

 

     -6-

     

    

 

(c)            initiated
by Indemnitee, including any Proceeding (or any part of any Proceeding) initiated by Indemnitee against the Company or its directors,
officers, employees or other indemnitees, unless (i) the Proceeding or part of any Proceeding is to enforce Indemnitee’s rights
to indemnification or advancement, of Expenses, including a Proceeding (or any part of any Proceeding) initiated pursuant to Section 14
of this Agreement, (ii) the Board authorized the Proceeding (or any part of any Proceeding) or (iii) the Company provides the
indemnification, in its sole discretion, pursuant to the powers vested in the Company under Applicable Law.

 

		Section
                              10.	Advances of Expenses.

 

(a)            The
Company will advance, to the fullest extent not prohibited by Applicable Law, the Expenses incurred by Indemnitee in connection with any
Proceeding (or any part of any Proceeding) not initiated by Indemnitee or any Proceeding (or any part of any Proceeding) initiated by
Indemnitee if (i) the Proceeding or part of any Proceeding is to enforce Indemnitee’s rights to obtain indemnification or advancement
of Expenses from the Company or Enterprise, including a proceeding initiated pursuant to Section 14 or (ii) the Board authorized
the Proceeding (or any part of any Proceeding). The Company will advance the Expenses within thirty (30) days after the receipt by the
Company of a written statement or statements requesting such advances from time to time, whether prior to or after final disposition of
any Proceeding.

 

(b)            Advances
will be unsecured and interest free. Indemnitee undertakes to repay the amounts advanced (without interest) to the extent that it is ultimately
determined that Indemnitee is not entitled to be indemnified by the Company. Thus, Indemnitee qualifies for advances upon the execution
and delivery of this Agreement to the Company. No other form of undertaking is required other than the execution of this Agreement. The
Company will make advances without regard to Indemnitee’s ability to repay the Expenses and without regard to Indemnitee’s
ultimate entitlement to indemnification under the other provisions of this Agreement.

 

		Section
                              11.	Procedure for Notification
of Claim for Indemnification or Advancement.

 

(a)            Indemnitee
will notify the Company in writing of any Proceeding with respect to which Indemnitee intends to seek indemnification or advancement of
Expenses hereunder as soon as reasonably practicable following the receipt by Indemnitee of written notice thereof. Indemnitee will include
in the written notification to the Company a description of the nature of the Proceeding and the facts underlying the Proceeding and provide
such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what
extent Indemnitee is entitled to indemnification following the final disposition of such Proceeding. Indemnitee’s failure to notify
the Company will not relieve the Company from any obligation it may have to Indemnitee under this Agreement, and any delay in so notifying
the Company will not constitute a waiver by Indemnitee of any rights under this Agreement. The Secretary of the Company will, promptly
upon receipt of such a request for indemnification or advancement, advise the Board in writing that Indemnitee has requested indemnification
or advancement.

 

     -7-

     

    

 

(b)            The
Company will be entitled to participate in the Proceeding at its own expense.

 

		Section
                               12.	Procedure Upon Application
for Indemnification.

 

(a)             Unless
a Change in Control has occurred, the determination of Indemnitee’s entitlement to indemnification will be made:

 

i.              by
a majority vote of the Disinterested Directors, even though less than a quorum of the Board;

 

ii.             by
a committee of Disinterested Directors designated by a majority vote of the Disinterested Directors, even though less than a quorum of
the Board;

 

iii.             if
there are no such Disinterested Directors or, if such Disinterested Directors so direct, by written opinion provided by Independent Counsel
selected by the Board; or

 

iv.            if
so directed by the Board, by the stockholders of the Company.

 

(b)            If
a Change in Control has occurred, the determination of Indemnitee’s entitlement to indemnification will be made by written opinion
provided by Independent Counsel selected by Indemnitee (unless Indemnitee requests such selection be made by the Board).

 

(c)            The
party selecting Independent Counsel pursuant to subsection (a)(iii) or (b) of this Section 12 will provide written notice
of the selection to the other party. The notified party may, within ten (10) days after receiving written notice of the selection
of Independent Counsel, deliver to the selecting party a written objection to such selection; provided, however, that such
objection may be asserted only on the ground that the Independent Counsel so selected does not meet the requirements of “Independent
Counsel” as defined in Section 2 of this Agreement, and the objection will set forth with particularity the factual basis of
such assertion. Absent a proper and timely objection, the person so selected will act as Independent Counsel. If such written objection
is so made and substantiated, the Independent Counsel so selected may not serve as Independent Counsel unless and until such objection
is withdrawn or the Delaware Court has determined that such objection is without merit. If, within thirty (30) days after the later of
submission by Indemnitee of a written request for indemnification pursuant to Section 11(a) hereof and the final disposition
of the Proceeding, Independent Counsel has not been selected or, if selected, any objection to has not been resolved, either the
Company or Indemnitee may petition the Delaware Court for the appointment as Independent Counsel of a person selected by such court or
by such other person as such court designates. Upon the due commencement of any judicial proceeding , Independent Counsel will be
discharged and relieved of any further responsibility in such capacity (subject to the applicable standards of professional conduct then
prevailing).

 

     -8-

     

    

 

(d)            Indemnitee
will cooperate with the person, persons or entity making the determination with respect to Indemnitee’s entitlement to indemnification,
including providing to such person, persons or entity upon reasonable advance request any documentation or information which is not privileged
or otherwise protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary to such determination.
The Company will advance and pay any Expenses incurred by Indemnitee in so cooperating with the person, persons or entity making the indemnification
determination irrespective of the determination as to Indemnitee’s entitlement to indemnification and the Company hereby indemnifies
and agrees to hold Indemnitee harmless therefrom. The Company promptly will advise Indemnitee in writing of the determination that Indemnitee
is or is not entitled to indemnification, including a description of any reason or basis for which indemnification has been denied and
providing a copy of any written opinion provided to the Board by Independent Counsel.

 

(e)            If
it is determined that Indemnitee is entitled to indemnification, the Company will make payment to Indemnitee within sixty (60) days after
such determination.

 

		Section
                              13.	Presumptions and Effect of
Certain Proceedings.

 

(a)            In
making a determination with respect to entitlement to indemnification hereunder, the person or persons or entity making such determination
will, to the fullest extent not prohibited by Applicable Law, presume Indemnitee is entitled to indemnification under this Agreement if
Indemnitee has submitted a request for indemnification in accordance with Section 11(a) of this Agreement, and the Company will,
to the fullest extent not prohibited by Applicable Law, have the burden of proof to overcome that presumption. Neither the failure of
the Company (including by its directors or Independent Counsel) to have made a determination prior to the commencement of any action pursuant
to this Agreement that indemnification is proper in the circumstances because Indemnitee has met the applicable standard of conduct, nor
an actual determination by the Company (including by its directors or Independent Counsel) that Indemnitee has not met such applicable
standard of conduct, will be a defense to the action or create a presumption that Indemnitee has not met the applicable standard of conduct.

 

(b)            If
the determination of the Indemnitee’s entitlement to indemnification has not been made pursuant to Section 12 within sixty
(60) days after the later of (i) receipt by the Company of Indemnitee’s request for indemnification pursuant to Section 11(a),
and (ii) the final disposition of the Proceeding for which Indemnitee requested Indemnification (the “Determination Period”),
the requisite determination of entitlement to indemnification will, to the fullest extent not prohibited by Applicable Law, be deemed
to have been made and Indemnitee will be entitled to such indemnification, absent (i) a misstatement by Indemnitee of a material
fact, or an omission of a material fact necessary to make Indemnitee’s statement not materially misleading, in connection with the
request for indemnification, or (ii) a prohibition of such indemnification under Applicable Law. The Determination Period may be
extended for a reasonable time, not to exceed an additional thirty (30) days, if the person, persons or entity making the determination
with respect to entitlement to indemnification in good faith requires such additional time for the obtaining or evaluating of documentation
and/or information relating thereto; and provided, further, the Determination Period may be extended an additional fifteen (15) days if
the determination of entitlement to indemnification is to be made by the stockholders pursuant to Section 12(a)(iv) of this
Agreement.

 

     -9-

     

    

 

(c)            The
termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction, or upon a plea of
nolo contendere or its equivalent, will not (except as otherwise expressly provided in this Agreement) of itself adversely affect
the right of Indemnitee to indemnification or create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee
reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, that Indemnitee
had reasonable cause to believe that Indemnitee’s conduct was unlawful.

 

(d)            For
purposes of any determination of good faith, Indemnitee will be deemed to have acted in good faith if Indemnitee acted based on the
records or books of account of the Company, its subsidiaries, or an Enterprise, including financial statements, or on information supplied
to Indemnitee by the directors or officers of the Company, its subsidiaries, or an Enterprise in the course of their duties, or on the
advice of legal counsel for the Company, its subsidiaries, or an Enterprise or on information or records given or reports made to the
Company, its subsidiaries or an Enterprise by an independent certified public accountant or by an appraiser, financial advisor or other
expert selected with reasonable care by or on behalf of the Company, its subsidiaries, or an Enterprise. Further, Indemnitee will
be deemed to have acted in a manner “not opposed to the best interests of the Company,” as referred to in this Agreement if
Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in the best interests of the participants and beneficiaries
of an employee benefit plan. The provisions of this Section 13(d) is not exclusive and does not limit in any way the other circumstances
in which the Indemnitee may be deemed to have met the applicable standard of conduct set forth in this Agreement.

 

(e)            The
knowledge and/or actions, or failure to act, of any director, officer, trustee, partner, managing member, fiduciary, Agent or employee
of the Enterprise may not be imputed to Indemnitee for purposes of determining Indemnitee’s right to indemnification under this
Agreement.

 

		Section
                              14.	Remedies of Indemnitee.

 

(a)            Indemnitee
may commence litigation against the Company in the Delaware Court of Chancery to obtain indemnification or advancement of Expenses provided
by this Agreement in the event that (i) a determination is made pursuant to Section 12 of this Agreement that Indemnitee is
not entitled to indemnification under this Agreement, (ii) the Company does not advance the full amount of Expenses pursuant to Section 10
of this Agreement, (iii) the determination of entitlement to indemnification is not made pursuant to Section 12 of this Agreement
within the Determination Period, (iv) the Company does not indemnify Indemnitee pursuant to Section 5 or 6 or the second to
last sentence of Section 12(d) of this Agreement within thirty (30) days after receipt by the Company of a written request therefor,
(v) the Company does not indemnify Indemnitee pursuant to Section 3, 4, 7, or 8 of this Agreement within sixty (60) days after
a determination has been made that Indemnitee is entitled to indemnification, or (vi) in the event that the Company or any other
person takes or threatens to take any action to declare this Agreement void or unenforceable, or institutes any litigation or other action
or Proceeding designed to deny, or to recover from, the Indemnitee the benefits provided or intended to be provided to the Indemnitee
hereunder. Indemnitee must commence such Proceeding seeking an adjudication within one hundred and eighty (180) days following the date
on which Indemnitee first has the right to commence such Proceeding pursuant to this Section 14(a); provided, however,
that the foregoing clause does not apply in respect of a Proceeding brought by Indemnitee to enforce Indemnitee’s rights under Section 5
of this Agreement.

 

     -10-

     

    

 

(b)             If
a determination is made pursuant to Section 12 of this Agreement that Indemnitee is not entitled to indemnification, any judicial
proceeding commenced pursuant to this Section 14 will be conducted in all respects as a de novo trial, on the merits and Indemnitee
may not be prejudiced by reason of that adverse determination. In any judicial proceeding commenced pursuant to this Section 14 the
Company will have the burden of proving Indemnitee is not entitled to indemnification or advancement of Expenses, as the case may be,
and will not introduce evidence of the determination made pursuant to Section 12 of this Agreement.

 

(c)             If
a determination is made pursuant to Section 12 of this Agreement that Indemnitee is entitled to indemnification, the Company will
be bound by such determination in any judicial proceeding commenced pursuant to this Section 14, absent (i) a misstatement by
Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s statement not materially misleading,
in connection with the request for indemnification, or (ii) a prohibition of such indemnification under Applicable Law.

 

(d)            The
Company is, to the fullest extent not prohibited by Applicable Law, precluded from asserting in any judicial proceeding commenced pursuant
to this Section 14 that the procedures and presumptions of this Agreement are not valid, binding and enforceable and will stipulate
in any such court that the Company is bound by all the provisions of this Agreement.

 

(e)             It
is the intent of the Company that, to the fullest extent permitted by Applicable Law, the Indemnitee not be required to incur legal fees
or other Expenses associated with the interpretation, enforcement or defense of Indemnitee’s rights under this Agreement by litigation
or otherwise because the cost and expense thereof would substantially detract from the benefits intended to be extended to the Indemnitee
hereunder. The Company, to the fullest extent permitted by Applicable Law, will (within thirty (30) days after receipt by the Company
of a written request therefor) advance to Indemnitee such Expenses which are incurred by Indemnitee in connection with any action concerning
this Agreement, Indemnitee’s right to indemnification or advancement of Expenses from the Company, or concerning any directors’
and officers’ liability insurance policies maintained by the Company, and will indemnify Indemnitee against any and all such Expenses
unless the court determines that each of the Indemnitee’s claims in such action were made in bad faith or were frivolous or are
prohibited by Applicable Law.

 

     -11-

     

    

 

		Section
                               15.	Non-exclusivity; Survival of
Rights; Insurance; Subrogation.

 

(a)            The
indemnification and advancement of Expenses provided by this Agreement are not exclusive of any other rights to which Indemnitee may at
any time be entitled under Applicable Law, the Certificate of Incorporation, the Bylaws, any agreement, a vote of stockholders or a resolution
of directors, or otherwise. The indemnification and advancement of Expenses provided by this Agreement may not be limited or restricted
by any amendment, alteration or repeal of this Agreement in any way with respect to any action taken or omitted by Indemnitee in Indemnitee’s
Corporate Status occurring prior to any amendment, alteration or repeal of this Agreement. To the extent that a change in Delaware law,
whether by statute or judicial decision, permits greater indemnification or advancement of Expenses than would be afforded currently under
the Bylaws, Certificate of Incorporation, the Stockholders’ Agreement, or this Agreement, it is the intent of the parties hereto
that Indemnitee enjoy by this Agreement the greater benefits so afforded by such change. No right or remedy herein conferred is intended
to be exclusive of any other right or remedy, and every other right and remedy is cumulative and in addition to every other right and
remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy
hereunder, or otherwise, will not prevent the concurrent assertion or employment of any other right or remedy.

 

(b)            The
Company hereby acknowledges that Indemnitee may have certain rights to indemnification, advancement of Expenses and/or insurance provided
by one or more Persons with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entities). The relationship
between the Company and such other Persons, other than an Enterprise, with respect to the Indemnitee’s rights to indemnification,
advancement of Expenses, and insurance is described by this subsection, subject to the provisions of subsection (d) of this Section 15
with respect to a Proceeding concerning Indemnitee’s Corporate Status with an Enterprise.

 

i.              The
Company hereby acknowledges and agrees:

 

1)            the
Company is the indemnitor of first resort with respect to any request for indemnification or advancement of Expenses made pursuant to
this Agreement concerning any Proceeding;

 

2)            the
Company is primarily liable for all indemnification or advancement of Expenses obligations for any Proceeding, whether created by law,
organizational or constituent documents, contract (including this Agreement) or otherwise;

 

3)            any
obligation of any other Persons with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entities)
to indemnify Indemnitee and/or advance Expenses to Indemnitee in respect of any proceeding are secondary to the obligations of the Company’s
obligations; and

 

4)            the
Company will indemnify Indemnitee and advance Expenses to Indemnitee hereunder to the fullest extent provided herein without regard to
any rights Indemnitee may have against any other Person with whom or which Indemnitee may be associated (including, any Sponsor Entities)
or insurer of any such Person;

 

     -12-

     

    

 

ii.             The
Company irrevocably waives, relinquishes and releases (A) any other Person with whom or which Indemnitee may be associated (including,
without limitation, any Sponsor Entities) from any claim of contribution, subrogation, reimbursement, exoneration or indemnification,
or any other recovery of any kind in respect of amounts paid by the Company to Indemnitee pursuant to this Agreement and (B) any
right to participate in any claim or remedy of Indemnitee against any Person (including, without limitation, any Sponsor Entities), whether
or not such claim, remedy or right arises in equity or under contract, statute or common law, including, without limitation, the right
to take or receive from any Person (including, without limitation, any Sponsor Entities), directly or indirectly, in cash or other property
or by set-off or in any other manner, payment or security on account of such claim, remedy or right.

 

iii.            In
the event any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entities) or their
insurers advances or extinguishes any liability or loss for Indemnitee, the payor has a right of subrogation against the Company or its
insurers for all amounts so paid which would otherwise be payable by the Company or its insurers under this Agreement. In no event will
payment by any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entities) or their
insurers affect the obligations of the Company hereunder or shift primary liability for the Company’s obligation to indemnify or
advance of Expenses to any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entities).

 

iv.            Any
indemnification or advancement of Expenses provided by any other Person with whom or which Indemnitee may be associated (including, without
limitation, any Sponsor Entities) is specifically in excess over the Company’s obligation to indemnify and advance Expenses or any
valid and collectible insurance (including but not limited to any malpractice insurance or professional errors and omissions insurance)
provided by the Company.

 

(c)            To
the extent that the Company maintains an insurance policy or policies providing liability insurance for directors, officers, employees,
or Agents of the Company, the Company will obtain a policy or policies covering Indemnitee to the maximum extent of the coverage available
for any such director, officer, employee or Agent under such policy or policies, including coverage in the event the Company does not
or cannot, for any reason, indemnify or advance Expenses to Indemnitee as required by this Agreement. If, at the time of the receipt of
a notice of a claim pursuant to this Agreement, the Company has director and officer liability insurance in effect, the Company will give
prompt notice of such claim or of the commencement of a Proceeding, as the case may be, to the insurers in accordance with the procedures
set forth in the respective policies. The Company will thereafter take all reasonably necessary or desirable action to cause such insurers
to pay, on behalf of the Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies.
Indemnitee agrees to assist the Company efforts to cause the insurers to pay such amounts and will comply with the terms of such policies,
including selection of approved panel counsel, if required.

 

(d)            The
Company’s obligation to indemnify or advance Expenses hereunder to Indemnitee for any Proceeding concerning Indemnitee’s Corporate
Status with an Enterprise will be reduced by any amount Indemnitee has actually received as indemnification or advancement of Expenses
from such Enterprise. The Company and Indemnitee intend that any such Enterprise (and its insurers) be the indemnitor of first resort
with respect to indemnification and advancement of Expenses for any Proceeding related to or arising from Indemnitee’s Corporate
Status with such Enterprise. The Company’s obligation to indemnify and advance Expenses to Indemnitee is secondary to the obligations
the Enterprise or its insurers owe to Indemnitee. Indemnitee agrees to take all reasonably necessary and desirable action to obtain from
an Enterprise indemnification and advancement of Expenses for any Proceeding related to or arising from Indemnitee’s Corporate Status
with such Enterprise.

 

     -13-

     

    

 

(e)            In
the event of any payment made by the Company under this Agreement, the Company will be subrogated to the extent of such payment to all
of the rights of recovery of Indemnitee from any Enterprise or insurance carrier. Indemnitee will execute all papers required and take
all action necessary to secure such rights, including execution of such documents as are necessary to enable the Company to bring suit
to enforce such rights.

 

Section 16.          Duration
of Agreement. This Agreement continues until and terminates upon the later of: (a) ten (10) years after the date that Indemnitee
ceases to serve as a director or officer of the Company or (b) one (1) year after the final termination of any Proceeding then
pending in respect of which Indemnitee is granted rights of indemnification or advancement of Expenses hereunder and of any Proceeding
commenced by Indemnitee pursuant to Section 14 of this Agreement relating thereto. The indemnification and advancement of Expenses
rights provided by or granted pursuant to this Agreement are binding upon and be enforceable by the parties hereto and their respective
successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially
all of the business or assets of the Company), continue as to an Indemnitee who has ceased to be a director, officer, employee or Agent
of the Company or of any other Enterprise, and inure to the benefit of Indemnitee and Indemnitee’s spouse, assigns, heirs, devisees,
executors and administrators and other legal representatives.

 

Section 17.          Severability.
If any provision or provisions of this Agreement is held to be invalid, illegal or unenforceable for any reason whatsoever: (a) the
validity, legality and enforceability of the remaining provisions of this Agreement (including without limitation, each portion of any
Section of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid,
illegal or unenforceable) will not in any way be affected or impaired thereby and remain enforceable to the fullest extent permitted by
Applicable Law; (b) such provision or provisions will be deemed reformed to the extent necessary to conform to Applicable Law and
to give the maximum effect to the intent of the parties hereto; and (c) to the fullest extent possible, the provisions of this Agreement
(including, without limitation, each portion of any Section of this Agreement containing any such provision held to be invalid, illegal
or unenforceable, that is not itself invalid, illegal or unenforceable) will be construed so as to give effect to the intent manifested
thereby.

 

Section 18.          Interpretation.
Any ambiguity in the terms of this Agreement will be resolved in favor of Indemnitee and in a manner to provide the maximum indemnification
and advancement of Expenses permitted by Applicable Law. The Company and Indemnitee intend that this Agreement provide to the fullest
extent permitted by Applicable Law for indemnification and advancement in excess of that expressly provided, without limitation, by the
Certificate of Incorporation, the Bylaws, vote of the Company stockholders or disinterested directors, or Applicable Law.

 

     -14-

     

    

 

		Section
                              19.	Enforcement.

 

(a)            The
Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order
to induce Indemnitee to serve as a director or officer of the Company, and the Company acknowledges that Indemnitee is relying upon this
Agreement in serving or continuing to serve as a director or officer of the Company.

 

(b)            This
Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior
agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof; provided,
however, that this Agreement is a supplement to and in furtherance of the Certificate of Incorporation, the Bylaws, the Stockholders’
Agreement (as applicable) and Applicable Law, and is not a substitute therefor, nor to diminish or abrogate any rights of Indemnitee thereunder.

 

Section 20.          Modification
and Waiver. No supplement, modification or amendment of this Agreement is binding unless executed in writing by the parties hereto.
No waiver of any of the provisions of this Agreement will be deemed or constitutes a waiver of any other provisions of this Agreement
nor will any waiver constitute a continuing waiver.

 

Section 21.          Notice
by Indemnitee. Indemnitee agrees promptly to notify the Company in writing upon being served with any summons, citation, subpoena,
complaint, indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification or advancement
of Expenses covered hereunder. The failure of Indemnitee to so notify the Company does not relieve the Company of any obligation which
it may have to the Indemnitee under this Agreement or otherwise.

 

Section 22.          Notices.
All notices, requests, demands and other communications under this Agreement will be in writing and will be deemed to have been duly given
if (a) delivered by hand to the other party, (b) sent by reputable overnight courier to the other party or (c) sent by
facsimile transmission or electronic mail, with receipt of oral confirmation that such communication has been received:

 

(a)            If
to Indemnitee, at the address indicated on the signature page of this Agreement, or such other address as Indemnitee provides to
the Company.

 

(b)            If
to the Company to:

 

Milan Laser Inc.

17645
Wright Street, Suite 300

Omaha, NE 68130

Attention: Jared Widseth 

Telephone: (833) 887-0101 

Email: jared.widseth@milanlaser.com

 

or to any other address as may have been furnished to Indemnitee by
the Company.

 

     -15-

     

    

 

Section 23.         Contribution.
To the fullest extent permissible under Applicable Law, if the indemnification provided for in this Agreement is unavailable to Indemnitee
for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, will contribute to the amount incurred by Indemnitee, whether
for judgments, fines, amounts paid or to be paid in settlement and/or for Expenses, in connection with any claim relating to an indemnifiable
event under this Agreement, in such proportion as is deemed fair and reasonable in light of all of the circumstances of such Proceeding
in order to reflect (i) the relative benefits received by the Company and Indemnitee as a result of the event(s) and/or transaction(s) giving
cause to such Proceeding; and/or (ii) the relative fault of the Company (and its directors, officers, employees and Agents) and Indemnitee
in connection with such event(s) and/or transaction(s).

 

Section 24.          Applicable
Law and Consent to Jurisdiction. This Agreement and the legal relations among the parties are governed by, and construed and enforced
in accordance with, the laws of the State of Delaware, without regard to its conflict of laws rules. The Company and Indemnitee hereby
irrevocably and unconditionally (i) agree that any action or Proceeding arising out of or in connection with this Agreement may be
brought only in the Delaware Court of Chancery and not in any other state or federal court in the United States of America or any court
in any other country, (ii) consent to submit to the exclusive jurisdiction of the Delaware Court for purposes of any action or Proceeding
arising out of or in connection with this Agreement, (iii) waive any objection to the laying of venue of any such action or Proceeding
in the Delaware Court, and (iv) waive, and agree not to plead or to make, any claim that any such action or Proceeding brought in
the Delaware Court has been brought in an improper or inconvenient forum.

 

Section 25.          Identical
Counterparts. This Agreement may be executed in one or more counterparts, each of which will for all purposes be deemed to be an original
but all of which together constitutes one and the same Agreement. Only one such counterpart signed by the party against whom enforceability
is sought needs to be produced to evidence the existence of this Agreement. Electronic signatures shall be deemed sufficient for such
verification.

 

Section 26.          Headings.
The headings of this Agreement are inserted for convenience only and do not constitute part of this Agreement or affect the construction
thereof.

 

     -16-

     

    

 

IN WITNESS WHEREOF, the parties
have caused this Agreement to be signed as of the day and year first above written.

  

	MILAN LASER INC.	 	INDEMNITEE
	 	 	 
	By:	 	 	 
	Name:	 	 	Name:	 
	Office:	 	 	Address:	 
	 	 	 	 
	 	 	 	 

 

     -17-

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