Document:

EX-10.2

 Exhibit 10.2 

Execution Version 

SHAREHOLDER SUPPORT AGREEMENT 

by and among 
 CF ACQUISITION
CORP. V, 
 SATELLOGIC INC., 

NETTAR GROUP, INC. 
 and certain

 SHAREHOLDERS OF NETTAR GROUP, INC. 

Dated as of July 5, 2021 

 SHAREHOLDER SUPPORT AGREEMENT 

This SHAREHOLDER SUPPORT AGREEMENT (this “Agreement”) is made and entered into as of July 5, 2021 by and among the
persons identified on Schedule I hereto (each, a “Shareholder” and collectively the “Shareholders”), CF Acquisition Corp. V, a Delaware corporation (“SPAC”), Satellogic Inc., a business company with
limited liability incorporated under the laws of the British Virgin Islands (“PubCo”) and Nettar Group, Inc., a business company with limited liability incorporated under the laws of the British Virgin Islands (the
“Company”). Capitalized terms used but not defined herein have the meanings assigned to them in the Agreement and Plan of Merger dated as of the July 5, 2021 (as amended from time to time, the “Merger
Agreement”) by and among PubCo, SPAC, Ganymede Merger Sub 1 Inc., a business company with limited liability incorporated under the laws of the British Virgin Islands and a direct wholly owned subsidiary of PubCo (“Merger Sub
1”), Ganymede Merger Sub 2 Inc., a Delaware corporation and a direct wholly owned subsidiary of PubCo (“Merger Sub 2”) and the Company. 

WHEREAS, each Shareholder owns the number and class(es) of Company Shares, par value $0.00001 per share, set forth next to the name of such
Shareholder on Schedule I (collectively, together with all other securities of the Company that such Shareholder purchases or otherwise acquires beneficial or record ownership of or becomes entitled to vote during the Restricted Period (as
defined below), including by reason of any stock split, stock dividend, distribution, reclassification, recapitalization, conversion or other transaction, or pursuant to the vesting of restricted stock units or the exercise of options or warrants to
purchase such shares or rights, the “Shareholder Shares”); 
 WHEREAS, the Board of Directors of the Company has approved
this Agreement and the execution, delivery and performance thereof by the parties hereto; 
 WHEREAS, concurrently with the execution and
delivery of this Agreement, SPAC, PubCo, Merger Sub 1, Merger Sub 2 and the Company are entering into the Merger Agreement, which provides for, among other things, the merger of Merger Sub 1 with and into the Company (with the Company surviving such
merger as a wholly-owned subsidiary of PubCo), and the merger of Merger Sub 2 with and into SPAC (with SPAC surviving such merger as a wholly-owned subsidiary of PubCo) upon the terms and subject to the conditions set forth therein (collectively,
the “Mergers”); 
 WHEREAS, obtaining the Company Written Consent is a condition precedent to the consummation of the
Mergers; 
 WHEREAS, as a condition and inducement to SPAC’s willingness to enter into the Merger Agreement, SPAC has required each
Shareholder, except with respect to Company Series X Preference Shares, to enter into this Agreement and a Lock-Up Agreement entered into concurrently herewith (the
“Lock-Up Agreement”). 
 NOW, THEREFORE, in consideration of the representations,
warranties, covenants and agreements contained herein and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, and subject to the conditions set forth herein, the parties hereto agree as follows: 

 Section 1    Covenants of the Shareholders. 

(a)    During the period beginning on the date of this Agreement and ending on the earlier of (x) the Closing,
(y) the date on which the Merger Agreement is validly terminated in accordance with its terms or (z) with respect to the obligations of any certain Shareholder hereunder, the amendment or modification of the Merger Agreement (including,
for the avoidance of doubt, the exhibits attached thereto) without such Shareholder’s consent in a manner that materially adversely affects such Shareholder (such period, the “Restricted Period”), each Shareholder, severally
and not jointly, hereby agrees: 
 (i)    (A) at any meeting (whether annual or special and whether or
not an adjourned or postponed meeting) of the shareholders of the Company, however called, and in any action by written consent of the shareholders of the Company, at which the Merger Agreement and other related agreements (or any amended version
thereof) or such other related actions, are submitted for the consideration of the shareholders of the Company, to vote, or to cause the voting of, the Shareholder Shares in favor of: (1) the approval and adoption of the Merger Agreement; and
(2) the Mergers and the other Transactions, including the Convertible Notes, the Ancillary Agreements and all other agreements related to the Merger to which the Company or any of its Subsidiaries is a party; and (B) promptly, but in no
event later than five (5) Business Days, after the registration statement filed with the SEC on Form F-4 is declared effective, to execute and deliver the Company Written Consent and, if requested by
SPAC, to execute and deliver further written consents with respect to the Shareholder Shares approving any matter referred to in sub-clause (1) or (2) of the preceding clause (A); and 

(ii)    (A) at each such meeting, and at any adjournment or postponement thereof, and in any such action by
written consent, to vote, or to cause the voting of, the Shareholder Shares against (other than pursuant to, or in furtherance of, the Mergers and the other Transactions): (1) any action, proposal, transaction or agreement that is intended or that
would reasonably be expected to frustrate the purposes of, impede, hinder, interfere with, prevent or delay the consummation of, or otherwise adversely affect, the Mergers, the Convertible Notes or any of the other Transactions, the Merger Agreement
or any of the other agreements related to the Mergers (including the Ancillary Agreements to which the Company or any of its Subsidiaries is a party) including: (aa) any extraordinary corporate transaction, such as a merger, consolidation or
other business combination involving the Company or any of its Subsidiaries (other than the Mergers); (bb) a sale, lease or transfer of any material asset of the Company or any of its Subsidiaries or a reorganization, recapitalization or liquidation
of the Company or any of its Subsidiaries (other than the Mergers); (cc) an election of new members to the Company Board, other than nominees to the Company Board approved in writing by SPAC; (dd) any change in

  
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the present capitalization or dividend policy of the Company or any of its Subsidiaries or any amendment or other change to the Company’s memorandum and articles of association or the
organizational documents of any Subsidiary of the Company (other than as expressly contemplated in or permitted by the Merger Agreement or the Ancillary Agreements), except if approved in writing by SPAC; (ee) any other change in the corporate
structure (other than the Mergers) or business of the Company or any of its Subsidiaries, except if approved in writing by SPAC; or (ff) the execution of any convertible debt or equity agreements, subscription agreements or other similar agreements
with respect to equity or other securities in the Company or any of its Subsidiaries (other than the Mergers); (2) any Acquisition Proposal or Alternative Transaction; (3) any action, proposal, transaction or agreement that would
reasonably be expected to result in a breach of any covenant, agreement, representation or warranty of the Company contained in the Merger Agreement or of such Shareholder contained in this Agreement; or (4) any action or agreement that would
reasonably be expected to result in any condition to the consummation of the Mergers set forth in Article IX of the Merger Agreement not being fulfilled; (5) any action that would preclude PubCo from filing with the SEC a registration
statement on Form F-4 as contemplated by the Merger Agreement; and (6) any action that would preclude SPAC from filing with the SEC the Proxy Statement as contemplated by the Merger Agreement; and
(B) not to approve or otherwise consent to any matter referred to in any of sub-clauses (1) through (6) of the preceding clause (A) by written consent. 

(b)     During the Restricted Period, each Shareholder shall not, and shall cause such Shareholder’s Affiliates not
to, directly or indirectly, (i) initiate any negotiations with any Person with respect to, or provide any non-public information or data concerning any Nettar Company to any Person relating to, an
Acquisition Proposal or Alternative Transaction or afford to any Person access to the business, properties, assets or personnel of any Nettar Company in connection with an Acquisition Proposal or Alternative Transaction, (ii) enter into, or
encourage any Nettar Company to enter into, any acquisition agreement, merger agreement or similar definitive agreement, or any letter of intent, memorandum of understanding or agreement in principle, or any other agreement relating to an
Acquisition Proposal or Alternative Transaction, (iii) grant any waiver, amendment or release under any confidentiality agreement or the anti-takeover Laws of any state in connection with an Acquisition Proposal or Alternative Transaction, or
(iv) otherwise knowingly facilitate any such inquiries, proposals, discussions, or negotiations or any effort or attempt by any Person to make an Acquisition Proposal or Alternative Transaction. 

(c)    Each Shareholder hereby irrevocably and unconditionally waives, and agrees to cause to be waived, any rights to
seek appraisal, rights of dissent or any similar rights in connection with the Merger Agreement, the Mergers and the transactions contemplated thereby, including under Section 179 of the BVI Act, that such Shareholder may have with respect to
the Shareholder Shares owned beneficially or of record by such Shareholder. 
 (d)    Subject to and conditioned upon
the Closing, each Shareholder hereby agrees that each of the following to which such Shareholder is a party shall terminate (provided 

  
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that all Terminating Rights (as defined below) between the Company or any of its Subsidiaries and any other holder of Company Shares shall also terminate at such time), effective immediately
prior to the Closing: (i) the IRA (other than Section 2.11 thereof (“Market Stand-off” Agreement) and, in connection therewith, Section 6 thereof (Miscellaneous), which
shall remain in full force and effect with respect to any party to the IRA (other than holders of Company Series X Preference Shares) which does not enter into the Lock-Up Agreement); (ii) the ROFR Agreement;
(iii) the Voting Agreement; (iv) the Side Letter(s); (v) any subscription or other purchase agreements relating to Company Shares; and (vi) if applicable to any Shareholder, any rights under any agreement providing for
redemption rights, put rights, purchase rights or other similar rights not generally available to shareholders of the Company (the “Terminating Rights”) between Shareholder and the Company, but excluding, for the avoidance of doubt,
any rights such Shareholder may have that relate to any non-disclosure agreements, employment agreements, offer letters, consulting agreements, indemnification agreements, invention assignment agreements or
any other agreements providing the Company rights in intellectual property by and between such Shareholder and the Company or any Subsidiary, which shall survive in accordance with their terms (collectively, “Surviving Rights”).

 (e)    Each Shareholder hereby agrees that he, she or it shall, from time to time, (i) execute and deliver, or
cause to be executed and delivered, such Ancillary Agreements as may be necessary to satisfy any condition to the Closing under the Merger Agreement, in substantially the form previously provided to the Shareholder as of the date of this Agreement,
(ii) execute and deliver, or cause to be executed and delivered, such additional or further consents, documents and other instruments (including to amend the Company Governing Documents), (iii) consent to the termination or amendment of such
other agreement (other than with respect to the Surviving Rights) and (iv) take, or cause to be taken, all actions, and do, or cause to be done, and assist and cooperate with the other parties in doing all things, in each case, as another party
hereto may reasonably request for the purpose of effectively carrying out the transactions contemplated by this Agreement and the Merger Agreement (in substantially the form previously provided to the Shareholder as of the date of this Agreement),
including the Mergers. 
 Section 2    Irrevocable Proxy. Each Shareholder hereby revokes any proxies that
such Shareholder has heretofore granted with respect to such Shareholder’s Shareholder Shares (other than pursuant to Section 3.2 of the Voting Agreement), hereby irrevocably constitutes and appoints the Company as attorney-in-fact and proxy for the purposes of complying with the obligations hereunder in accordance with the BVI Act for and on such Shareholder’s behalf, for and in
such Shareholder’s name, place and stead, in the event that such Shareholder fails to comply in any material respect with his, her or its obligations hereunder in a timely manner, to vote the Shareholder Shares of such Shareholder and grant all
written consents thereto in each case in accordance with the provisions of Sections 1(a)(i) and (ii) and represent and otherwise act for such Shareholder in the same manner and with the same effect as if such Shareholder were personally present
at any meeting held for the purpose of voting on the foregoing. The foregoing proxy is coupled with an interest, is irrevocable (and, with respect to any Shareholder that is an individual, as such shall survive and not be affected by the death,

  
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incapacity, mental illness or insanity of the Shareholder) until the end of the Restricted Period and shall not be terminated by operation of Law or upon the occurrence of any other event other
than following a termination of this Agreement pursuant to Section 7.13. Each Shareholder authorizes such attorney-in-fact and proxy to
substitute any other Person to act hereunder, to revoke any substitution and to file this proxy and any substitution or revocation with the Secretary of the Company. Each Shareholder hereby affirms that the irrevocable proxy set forth in this
Section 2 is given in connection with the execution by the Company of the Merger Agreement and that such irrevocable proxy is given to secure the obligations of such Shareholder under Section 1.
The irrevocable proxy set forth in this Section 2 is executed and intended to be irrevocable. Each Shareholder agrees not to grant any proxy that conflicts or is inconsistent with the proxy granted to the Company in this
Agreement. 
 Section 3    Representations and Warranties of the Shareholders. Each Shareholder represents
and warrants to SPAC, severally and not jointly, as follows: 
 3.1    Authorization. If such Shareholder is an
individual, such Shareholder has all requisite capacity to execute and deliver this Agreement, to perform such Shareholder’s obligations hereunder and to consummate the transactions contemplated hereby. If such Shareholder is not an individual,
such Shareholder (a) is a corporation, partnership, limited liability company, trust or other entity duly organized, validly existing and in good standing (with respect to jurisdictions which recognize such concept) under the laws of its
jurisdiction of incorporation or organization, (b) has all requisite power and authority to execute and deliver this Agreement, to perform such Shareholder’s obligations hereunder and to consummate the transactions contemplated hereby, and
(c) the execution, delivery and performance of this Agreement by such Shareholder and the consummation by such Shareholder of the transactions contemplated hereby have been duly and validly authorized by all necessary action on the part of such
Shareholder and no other proceedings on the part of any such Shareholder or such Shareholder’s equityholders are necessary to authorize the execution and delivery of this Agreement or the consummation of the transactions contemplated hereby
except as have been obtained prior to the date of this Agreement. This Agreement has been duly and validly executed and delivered by such Shareholder and, assuming the due execution and delivery by SPAC, constitutes the legal, valid and binding
obligation of such Shareholder, enforceable against such Shareholder in accordance with its terms, except as limited by Laws affecting the enforcement of creditors’ rights generally, by general equitable principles or by the discretion of any
Governmental Authority before which any Action seeking enforcement may be brought. 
 3.2.    Consents and Approvals;
No Violations. 
 (a)    The execution, delivery and performance of this Agreement by such Shareholder and the
consummation by such Shareholder of the transactions contemplated hereby do not and will not require any filing or registration with, notification to, or authorization, permit, license, declaration, Governmental Order, consent or approval of, or
other action by or in respect of, any Governmental Authority, Nasdaq or the NYSE on the part of such Shareholder. 

  
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 (b)    The execution, delivery and performance by such Shareholder of
this Agreement and the consummation by such Shareholder of the transactions contemplated by this Agreement do not and will not (i) conflict with or violate any provision of the organizational documents of such Shareholder if such Shareholder is
not an individual, (ii) conflict with or violate, in any respect, any Law applicable to such Shareholder or by which any property or asset of such Shareholder is bound, (iii) require any consent or notice, or result in any violation or
breach of, or conflict with, or constitute (with or without notice or lapse of time or both) a default (or give rise to any right of purchase, termination, amendment, acceleration or cancellation) under, result in the loss of any benefit under, or
result in the triggering of any payments (including any right of acceleration of any royalties, fees, profit participations or other payments to any Person) pursuant to, any of the terms, conditions or provisions of any Contract to which such
Shareholder is a party or by which any of such Shareholder’s properties or assets are bound or any Governmental Order or Law applicable to such Shareholder or such Shareholder’s properties or assets, or (iv) result in the creation of
a Lien on any property or asset of such Shareholder, except in the case of clauses (ii) and (iv) above as would not reasonably be expected, either individually or in the aggregate, to impair in any material respect the ability of such
Shareholder to timely perform its obligations hereunder or consummate the transactions contemplated hereby. If such Shareholder is a married individual and is subject to community property laws, such Shareholder’s spouse has consented to this
Agreement by having executed a spousal consent in the form attached hereto as Exhibit A. 
 3.3    Ownership
of Shareholder Shares. Such Shareholder (a) is the sole record and beneficial owner of all of the Shareholder Shares listed next to the name of such Shareholder on Schedule I, free and clear of all Liens (other than Liens arising
under applicable securities Laws), (b) has the sole voting power with respect to such Shareholder Shares and (c) has not entered into any voting agreement (other than this Agreement and the Voting Agreement) with or granted any Person any proxy
(revocable or irrevocable) with respect to such Shareholder Shares (other than this Agreement and Section 3.2 of the Voting Agreement). Except as set forth on Schedule I, neither such Shareholder nor any family member of such Shareholder
(if such Shareholder is an individual) nor any of the Affiliates of such Shareholder or of such family member of such Shareholder (or any trusts for the benefit of any of the foregoing) owns, of record or beneficially, or has the right to acquire
any securities of the Company. As of the time of any meeting of the shareholders of the Company referred to in Section 1(a)(i) and with respect to any written consent of the shareholders of the Company referred to in clause
(B) of each of Section 1(a)(i) or (ii), such Shareholder or such Shareholder’s Permitted Transferee (as defined hereinafter) will be the sole record and beneficial owner of all of the Shareholder Shares listed next to the name
of such Shareholder on Schedule I, free and clear of all Liens (other than Liens arising under applicable securities Laws), except with respect to any Shareholder Shares transferred pursuant to a Permitted Transfer (as defined hereinafter).

  
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 3.4    Contracts with the Company. Except for (a) the
Contracts described in Section 1(d) of this Agreement, (b) any Contract listed in Section 3.5(a)(viii) of the Company Disclosure Letter (which, for the avoidance of doubt, includes all Contracts described in Section 1(d) of this
Agreement, including any Contracts relating to Surviving Rights) and (c) any agreement pursuant to which such Shareholder purchased or received any Shareholder Shares or Company Options which was shared with SPAC in the Company’s virtual
data room for the Mergers and the Transactions, neither such Shareholder nor any family member of such Shareholder (if such Shareholder is an individual) nor any of the Affiliates of such Shareholder or of such family member of such Shareholder is a
party to any Contract with the Company and/or any of its Subsidiaries. 
 3.5    Independent Advice. Such
Shareholder has received a copy of and has reviewed the Merger Agreement, the Lock-Up Agreement (if applicable to such Shareholder) and the other documentation relating to the Mergers and the Transactions
(including any other Ancillary Agreements to which the Company or any of its Subsidiaries is a party) and has had an opportunity to discuss such agreements and this Agreement with legal, financial and tax advisors of his, her or its own choosing,
and has had the opportunity to review such information regarding the Company as such Shareholder deems relevant or appropriate. 

Section 4     No Transfers. 

(a)    Each Shareholder hereby agrees not to, during the Restricted Period, Transfer (as defined below), or cause to be
Transferred, any Shareholder Shares or Company Options owned of record or beneficially by such Shareholder, or any voting rights with respect thereto (“Subject Securities”), or enter into any Contract with respect to conducting any
such Transfer. Each Shareholder hereby authorizes SPAC to direct the Company to impose stop, transfer or similar orders to prevent the Transfer of any Subject Securities on the books of the Company in violation of this Agreement. Any Transfer or
attempted Transfer of any Subject Securities in violation of any provision of this Agreement shall be void ab initio and of no force or effect. 

(b)    “Transfer” means (i) any direct or indirect sale, tender pursuant to a tender or exchange
offer, assignment, encumbrance, disposition, pledge, hypothecation, gift or other transfer (by operation of law or otherwise), either voluntary or involuntary, of any capital stock, options or warrants or any interest (including any beneficial
ownership interest) in any capital stock, options or warrants (including the right or power to vote any capital stock) or (ii) in respect of any capital stock, options or warrants or interest (including any beneficial ownership interest) in any
capital stock, options or warrants to directly or indirectly enter into any swap, derivative or other agreement, transaction or series of transactions, in each case referred to in this clause (ii) that has an exercise or conversion privilege or
a settlement or payment mechanism determined with reference to, or derived from the value of, such capital stock, options or warrants and that hedges or transfers, in whole or in part, directly or indirectly, the economic consequences of such
capital stock, options or warrants or interest (including any beneficial ownership interest) in capital stock, 

  
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options or warrants whether any such transaction, swap, derivative or series of transactions is to be settled by delivery of securities, in cash or otherwise. A “Transfer” shall
not include the transfer of Subject Securities by a Shareholder to such Shareholder’s estate, such Shareholder’s immediate family, to a trust for the benefit of such Shareholder’s family, upon the death of such Shareholder or to an
Affiliate of such Shareholder (each such transferee a “Permitted Transferee” and each such transfer, a “Permitted Transfer”). As a condition to any Permitted Transfer, the applicable Permitted Transferee shall be
required to become a party to this Agreement and the Lock-Up Agreement (if applicable to such Shareholder) by signing a joinder agreement hereto and thereto in form and substance reasonably satisfactory to
SPAC (each a “Joinder”). References to “the parties hereto” and similar references shall be deemed to include any later party signing a Joinder. 

(c)    Each Shareholder hereby agrees not to, and not to permit any Person under such Shareholder’s control to
deposit any of such Shareholder’s Shareholder Shares in a voting trust or subject any of the Shareholder Shares owned beneficially or of record by such Shareholder to any arrangement with respect to the voting of such Shareholder Shares other
than agreements entered into with SPAC. 
 Section 5    Waiver and Release of Claims. Each Shareholder
covenants and agrees, severally with respect to such Shareholder only and not with respect to any other Shareholder, as follows: 

(a)    Effective as of the Closing, subject to the limitations set forth in paragraph (c) below, each Shareholder, on
behalf of such Shareholder and his, her or its Affiliates and his, her or its respective successors, assigns, representatives, administrators, executors and agents, and any other person or entity claiming by, through, or under any of the foregoing,
does hereby unconditionally and irrevocably release, waive and forever discharge each of the Nettar Companies, PubCo, SPAC, Merger Sub 1, Merger Sub 2, CFAC Holdings V, LLC and each of their respective past and present directors, officers,
employees, agents, predecessors, successors, assigns, Subsidiaries and Affiliates, from any and all past or present claims, demands, damages, judgments, causes of action and liabilities of any nature whatsoever, whether or not known, suspected or
claimed, arising directly or indirectly from any act, omission, event or transaction occurring (or any circumstances existing) at or prior to the Closing (each a “Claim” and, collectively, the “Claims”), including
any and all Claims arising out of or relating to (i) the Shareholder’s capacity as a current or former shareholder, officer or director, manager, employee or agent of the Company or any of its predecessors or Affiliates (or his, her or its
capacity as a current or former trustee, director, officer, manager, employee or agent of any other entity in which capacity he, she or it is or was serving at the request of the Company or any of its Subsidiaries), or (ii) any contract with
the Company or any of its Subsidiaries entered into or established prior to the Closing, including any voting agreement, investors’ rights agreement, right of first refusal and co-sale agreement,
management rights letter, or similar shareholders agreements or side letters, equity purchase agreements or previous noncompetition agreements (the “Company Contracts”), with the effect that, without derogating from
Section 1(d), any such Company Contract, including any provision purporting to survive termination of such Company Contract and without regard to any notice requirement thereunder, is hereby terminated in its entirety with respect to such
Shareholder. 

  
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 (b)    Each Shareholder acknowledges that he, she or it may hereafter
discover facts in addition to or different from those which he, she or it now knows or believes to be true with respect to the subject matter of this Agreement, and that he, she or it may hereafter come to have a different understanding of the law
that may apply to potential claims which he, she or it is releasing hereunder, but he, she or it affirms that, except as is otherwise specifically provided herein, it is his, her or its intention to fully, finally and forever settle and release any
and all Claims. In furtherance of this intention, each of the Shareholders acknowledges that the releases contained herein shall be and remain in effect as full and complete general releases notwithstanding the discovery or existence of any such
additional facts or different understandings of law. Each Shareholder knowingly and voluntarily waives and releases any and all rights and benefits that he, she or it may now have, or in the future may have, under Section 1542 of the California
Civil Code (or any analogous Law of any other jurisdiction), which reads as follows: 
 “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS
THAT THE CREDITOR OR RELEASING PARTY DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE AND THAT, IF KNOWN BY HIM OR HER, WOULD HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR OR RELEASED
PARTY.” 
 Each Shareholder understands that Section 1542, or a comparable Law of another jurisdiction, gives such Shareholder the
right not to release existing claims of which the Shareholder is not aware, unless the Shareholder voluntarily chooses to waive this right. Having been so apprised, each Shareholder nevertheless hereby voluntarily elects to and does waive the rights
described in Section 1542, or such other comparable Law, and elects to assume all risks for claims that exist, existed or may hereafter exist in its favor, known or unknown, suspected or unsuspected, arising out of or related to claims or other
matters purported to be released pursuant to this Section 5, in each case, effective at the Closing. Each Shareholder acknowledges and agrees that the foregoing waiver is an essential and material term of the release
provided pursuant to this Section 5 and that, without such waiver, SPAC would not have agreed to the terms of this Agreement. 

(c)    Notwithstanding the foregoing provisions of this Section 5 or anything to the contrary
set forth herein, no Shareholder or any of its Affiliates releases or discharges, and each Shareholder expressly does not release or discharge, any Claims: (i) that arise under or are based upon the terms of the Merger Agreement, any of the
Ancillary Agreements, any Letter of Transmittal or any other document, certificate or Contract executed or delivered in connection with the Merger Agreement; or (ii) for indemnification, contribution,
set-off, reimbursement or similar rights pursuant to any certificate of incorporation, indemnification agreement or bylaws of the Company or any of its Subsidiaries with respect to such Shareholder,

  
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any of its Affiliates or their respective designated members of the board of directors of the Company or any of its Subsidiaries solely to the extent set forth in
Section 6.5 of the Merger Agreement. 
 (d)    Notwithstanding the foregoing provisions of
this Section 4, nothing contained in this Agreement shall be construed as an admission by any party hereto of any liability of any kind to any other party hereto. 

Section 6    Convertible Notes Amendment. The Company and each Shareholder that is a holder of Convertible
Note(s) agrees that notwithstanding Sections 2.3(c) and 2.5 of the 2019 NPA and 2020 NPA, as applicable, or any other provision thereof, such Shareholder waives its right to any “Transaction Payment” (as defined in the 2019 NPA or 2020
NPA, as applicable), or for such Convertible Notes to be repaid or repurchased in connection with a Corporate Transaction (as defined in the 2019 NPA or 2020 NPA, as applicable) and agrees that all such Convertible Note(s) shall automatically
(without any further action on the part of the Company, such Shareholder or any other investor or other holder of a Convertible Note) convert into Company Series B Preference Shares in accordance with Section 1(f)(iii)(including clause
(B) thereof) of the 2019 NPA or 2020 NPA, as the case may be, as of immediately prior to the Initial Merger Effective Time in accordance with Section 2.1(b) of the Merger Agreement, and for the avoidance of doubt, the Shareholders waive
the right to receive a Change of Control Notice (as defined therein) in connection the Transactions. For the avoidance of doubt, all Company Preference Shares (including such Series B Preference Shares) will automatically, and without any further
action on the part of any Person, convert into Stockholder Merger Consideration at the same exchange ratio as the Company Exchange Ratio applied to the Company Ordinary Shares in accordance with Section 2.2(g)(i) of the
Merger Agreement. 
 Section 7 General. 

7.1.    Notices. All notices and other communications among the parties shall be in writing and shall be deemed to
have been duly given (a) when delivered in person, (b) when delivered after posting in the United States mail having been sent registered or certified mail return receipt requested, postage prepaid, (c) when delivered by FedEx or
other nationally recognized overnight delivery service, or (d) when delivered by email during normal business hours at the location of the recipient, and otherwise on the next following Business Day, addressed as follows: 

If to SPAC: 
 CF Acquisition
Corp. V 
 110 East 59th Street 

New York, NY 10022 
 Attention:
Chief Executive Officer 
 Email: CFV@cantor.com 

  
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 with a copy to (which shall not constitute notice): 

Hughes Hubbard & Reed LLP 

One Battery Park Plaza 
 New
York, NY 10004 
 Attention: Kenneth A. Lefkowitz 

Facsimile: +1 212 299-6557 

Email: ken.lefkowitz@hugheshubbard.com 

If to the Company or PubCo: 

Nettar Group Inc. 
 Email:
ceo@satellogic.com, gc@@satellogic.com 
 Attention: Emiliano Kargieman 

with a copy (which shall not constitute notice) to: 

Friedman Kaplan Seiler & Adelman LLP 

7 Times Square 
 New York, NY
10036-6516 
 Email: areindel@fklaw.com 

Attention: Asaf Reindel 
 and

 Greenberg Traurig LLP 
 333
SE 2nd Avenue 
 Suite 4400 

Miami, FL 33131 
 Email:
annexa@gtlaw.com 
 Attention: Alan I. Annex 

If to a Shareholder, at such Shareholder’s address set forth on Schedule I 

with a copy (which shall not constitute notice) to: 

Friedman Kaplan Seiler & Adelman LLP 

7 Times Square 
 New York, NY
10036-6516 
 Email: areindel@fklaw.com 

Attention: Asaf Reindel 
 and

  
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 Greenberg Traurig LLP 

333 SE 2nd Avenue 
 Suite 4400

 Miami, FL 33131 
 Email:
annexa@gtlaw.com 
 Attention: Alan I. Annex 

7.2    Headings; Counterparts. The headings in this Agreement are for convenience only and shall not be considered
a part of or affect the construction or interpretation of any provision of this Agreement. This Agreement may be executed in two or more counterparts, and by different parties in separate counterparts, with the same effect as if all parties hereto
had signed the same document, but all of which together shall constitute one and the same instrument. Copies of executed counterparts of this Agreement transmitted by electronic transmission (including by email or in .pdf format) or facsimile as
well as electronically or digitally executed counterparts (such as DocuSign) shall have the same legal effect as original signatures and shall be considered original executed counterparts of this Agreement. 

7.3    Entire Agreement. This Agreement, including the documents and the instruments referred to herein, together
with the Merger Agreement and each Ancillary Agreement to which a Shareholder is a party constitute the entire agreement among the parties to this Agreement with respect to the Transactions and supersede any other agreements whether written or oral,
that may have been made or entered into by or among any of the parties hereto or any of their respective Subsidiaries relating to the subject matter hereof. No representations, warranties, covenants, understandings, agreements, oral or otherwise,
relating to the transactions contemplated by this Agreement exist between such parties except as expressly set forth in this Agreement, the Merger Agreement and each Ancillary Agreement to which a Shareholder is a party. 

7.4    Governing Law; Jurisdiction; Waiver of Jury Trial. Sections 11.7 and 11.14 of the Merger
Agreement shall apply to this Agreement mutatis mutandis. 
 7.5    Amendments. This Agreement may be
amended or modified in whole or in part, only by a duly authorized agreement in writing executed in the same manner as this Agreement and which makes reference to this Agreement. 

7.6    Failure or Delay Not Waiver; Remedies Cumulative. No provision of this Agreement may be waived except by a
written instrument signed by the party against whom such waiver is to be effective. Any agreement on the part of a party to any such waiver shall be valid only if set forth in a written instrument executed and delivered by a duly authorized officer
on behalf of such party. No failure or delay on the party of any party in the exercise of any right hereunder shall impair such right or be construed to be a waiver of or acquiescence in, any breach of any representation, warranty or agreement
herein, nor shall any single or partial exercise of any such right preclude any other or further exercise thereof or of any other right. All rights and remedies existing under this Agreement are cumulative to, and not exclusive of any rights or
remedies otherwise available. 

  
 -12- 

 7.7    Assignment. Neither this Agreement nor any of the rights,
interests or obligations under this Agreement shall be assigned, in whole or in part, by operation of Law or otherwise by any party hereto without the prior written consent of the other parties. Any purported assignment in violation of the preceding
sentence shall be null and void ab initio. Subject to this Section 6.7, this Agreement will be binding upon, inure to the benefit of, and be enforceable by, the parties and their respective successors and permitted
assigns. 
 7.8    Severability. If any provision of this Agreement is held invalid, illegal or unenforceable by
any court of competent jurisdiction, the other provisions of this Agreement shall remain in full force and effect. The parties further agree that if any provision contained herein is, to any extent, held invalid, illegal or unenforceable in any
respect under the Laws governing this Agreement, they shall take any actions necessary to render the remaining provisions of this Agreement valid and enforceable to the fullest extent permitted by Law and, to the extent necessary, shall amend or
otherwise modify this Agreement to replace any provision contained herein that is held invalid or unenforceable with a valid and enforceable provision giving effect to the intent of the parties. 

7.9    Enforcement. 

(a)    Shareholder expressly acknowledges and agrees that (i) it is receiving good and valuable consideration
sufficient to make this Agreement, and each of the terms herein, binding and fully enforceable, each of the restrictions contained in this Agreement are supported by adequate consideration and are reasonable in all respects (including with respect
to subject matter, time period and geographical area) and such restrictions are necessary to protect SPAC’s interest in, and value of, the Company’s business (including the goodwill inherent therein) and (ii) SPAC and the Company
would not have entered into the Merger Agreement and this Agreement or consummate the transactions contemplated thereby or hereby without the restrictions contained in this Agreement. 

(b)    The parties hereto agree that irreparable damage could occur in the event that any of the provisions of this
Agreement were not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed that the parties shall be entitled to an injunction or injunctions to prevent breaches of this Agreement and to specific
enforcement of the terms and provisions of this Agreement, in addition to any other remedy to which any party is entitled at law or in equity. In the event that any Action shall be brought in equity to enforce the provisions of this Agreement, no
party shall allege, and each party hereby waives the defense, that there is an adequate remedy at law, and each party agrees to waive any requirement for the securing or posting of any bond in connection therewith. 

(c)    The parties hereto further agree that (i) by seeking the remedies provided for in this
Section 7.9, no party hereto shall in any respect waive its rights to seek any other form 

  
 -13- 

 
of relief that may be available to it under this Agreement (including damages) in the event that this Agreement has been terminated or in the event that the remedies provided for in this
Section 7.9 are not available or otherwise are not granted, and (ii) nothing set forth in this Agreement shall require any party hereto to institute any Action for (or limit such party’s right to institute any
Action for) specific performance under this Section 7.9 prior to pursuing any other form of relief referred to in the preceding clause (i). 

7.10    Costs and Expenses. Each party to this Agreement will pay his, her or its own costs and expenses (including
legal, accounting and other fees) relating to the negotiation, execution, delivery and performance of this Agreement. 

7.11    No Joint Venture. Nothing contained in this Agreement shall be deemed or construed as creating a joint
venture or partnership between any of the parties hereto. Except as provided otherwise in Section 3, no party is by virtue of this Agreement authorized as an agent, employee or legal representative of any other party.
Without in any way limiting the rights or obligations of any party hereto under this Agreement and except as provided otherwise in Section 2, prior to the Closing, (i) no party shall have the power by virtue of this
Agreement to control the activities and operations of any other and (ii) no party shall have any power or authority by virtue of this Agreement to bind or commit any other party. No party shall hold itself out as having any authority or
relationship in contravention of this Section 7.11. 
 7.12    Publicity. 

(a)    All press releases or other public communications of any Shareholder relating to this Agreement and the
Transactions shall be subject to the prior written approval of SPAC and the Company, which approval shall not be unreasonably withheld; provided, that no Shareholder shall be required to obtain consent pursuant to this
Section 7.12(a) to the extent any proposed release or statement is substantially equivalent to the information that has previously been made public without breach of the obligation under this
Section 7.12(a); provided, however, nothing herein shall prohibit Shareholder from indicating that it was an early investor in the Company. 

(b)    The restriction in Section 7.12(a) shall not apply to the extent the public announcement
is required by applicable securities Law, any Governmental Authority or stock exchange rule; provided, however, that in such an event, the Shareholder making the announcement shall use its reasonable efforts to consult with SPAC and the Company in
advance as to its form, content and timing. 
 7.13.    Termination. This Agreement shall terminate on the
earlier to occur of (a) the Closing, (b) the termination of the Merger Agreement in accordance with its terms or (c) with respect to the obligations of any certain Shareholder hereunder, the amendment or modification of the Merger
Agreement (including, for the avoidance of doubt, the exhibits attached thereto) without such Shareholder’s consent in a manner that materially adversely affects such 

  
 -14- 

 
Shareholder; provided, however, that no termination of this Agreement shall relieve or release any Shareholder from any obligations or liabilities arising out of such
Shareholder’s breaches of this Agreement prior to such termination. Notwithstanding the foregoing, Section 4 shall survive any termination of this Agreement pursuant to this Section 7.13(a). 

7.14    Capacity as Shareholder. Each Shareholder signs this Agreement solely in such Shareholder’s capacity
as a Shareholder of the Company, and not in such Shareholder’s capacity as a director (including “director by deputization”), board observer, officer or employee of the Company, if applicable. Nothing herein shall be construed to
limit or affect any actions or inactions by such Shareholder or any representative of Shareholder, as applicable, serving as a director of the Company or any Subsidiary of the Company, acting in such person’s capacity as a director of the
Company or any Subsidiary of the Company (it being understood and agreed that the Merger Agreement contains provisions that govern the actions or inactions by the directors of the Company with respect to the Merger and the other Transactions). 

[The next page is the signature page] 

  
 -15- 

 IN WITNESS WHEREOF, the parties hereto have executed this Shareholder Support Agreement as
of the date first written above. 
  

			
	CF ACQUISITION CORP. V
		
	By:	 	  

		 	Name:
		 	Title:
	
	SATELLOGIC INC.
		
	By:	 	  

		 	Name:
		 	Title:
	
	NETTAR GROUP, INC.
		
	By:	 	  

		 	Name:
		 	Title:

 [Signatures continue on following pages] 

[Signature Page to Shareholder Support Agreement by and among CF Acquisition Corp. V, PubCo, Nettar Group, Inc. and the shareholders of Nettar
Group, Inc. party thereto] 

 
	
	  

	[SHAREHOLDER]
	  

	[SHAREHOLDER]
	
	[Add additional signature blocks as needed]

 [Signature Page to Shareholder Support Agreement by and among CF Acquisition Corp. V, [PubCo], Nettar
Group, Inc. and the shareholders of Nettar Group, Inc. party thereto] 

 SCHEDULE I 
  

							
	 Shareholder & Notice
Address
	  	 Number and Class of
Company Shares
	  	 Company
Options
	  	 Beneficial or Record
Ownership

		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	

 Exhibit A 

Form of Spousal Consent 

SHAREHOLDER SUPPORT AGREEMENT 
 AND
LOCK-UP AGREEMENT SPOUSAL CONSENT 
 I
                                    , spouse of
                                , have read and approve the foregoing Shareholder Support
Agreement, and that certain Lock-Up Agreement, dated as of date hereof, by and among my spouse, CF Acquisition Corp. V, [PubCo] and Nettar Group Inc., and, if required to be signed by my spouse, that certain Lock-Up Agreement, dated as of the date hereof, by and among my spouse and [PubCo] (collectively, the “Agreements”). In consideration of the terms and conditions as set forth in the Agreements, I
hereby appoint my spouse as my attorney-in-fact with respect to the exercise of any rights and obligations under the Agreements, and agree to be bound by the provisions
of the Agreements insofar as I may have any rights or obligations in the Agreements under the community property laws or similar laws relating to marital or community property in effect in the state of our residence as of the date of the Agreements.

  

	
	Date                                     
                                         
                
	Signature of Spouse
                                        
                       
	Printed Name of
Spouse                                        
                

 WITNESSED BY: 
  

	
	 Date
                                         
                                         
     

	 Signature
                                         
                                    

	 Printed
NameEX-10.3

 Exhibit 10.3 

Execution Version 

SPONSOR SUPPORT AGREEMENT 

This SPONSOR SUPPORT AGREEMENT (this “Agreement”) is made and entered into as of July 5, 2021, by and among CFAC
Holdings V, LLC, a Delaware limited liability company (“Sponsor”), CF Acquisition Corp. V, a Delaware corporation (“SPAC”), Satellogic Inc., a business company with limited liability incorporated
under the laws of the British Virgin Islands (“PubCo”) and Nettar Group Inc., a business company with limited liability incorporated under the laws of the British Virgin Islands (the “Company”). Capitalized
terms used but not defined herein have the meanings assigned to them in the Agreement and Plan of Merger dated as of the date of this Agreement (as amended from time to time, the “Merger Agreement”) by and among PubCo, SPAC,
Ganymede Merger Sub 1 Inc., a business company with limited liability incorporated under the laws of the British Virgin Islands and a direct wholly owned subsidiary of PubCo (“Merger Sub 1”), Ganymede Merger Sub 2 Inc., a Delaware
corporation and a direct wholly owned subsidiary of PubCo (“Merger Sub 2”), and the Company. 
 WHEREAS, subject to
Section 2.10 of the Merger Agreement, Sponsor owns 6,230,000 shares (including any shares of Class A Common Stock (as defined below) issued upon conversion of such shares, the “Founder Shares”) of Class B common
stock, par value $0.0001 per share, of SPAC (the “Class B Common Stock”); 
 WHEREAS, in connection with
SPAC’s initial public offering, SPAC, Sponsor and certain officers and directors of SPAC (collectively, the “Insiders”) entered into a letter agreement, dated as of January 28, 2021, as amended as of the date of this
Agreement (the “Insider Letter”), pursuant to which Sponsor and the Insiders agreed to certain voting requirements, transfer restrictions and waiver of redemption rights with respect to the SPAC securities (and as of the Closing,
PubCo securities) owned by them; 
 WHEREAS, Article IV, Section 4.3(b)(ii) of SPAC’s Amended and Restated Certificate of
Incorporation (the “SPAC Charter”) provides, among other matters, that the Class B Common Stock will automatically convert into shares of Class A Common Stock, par value $0.0001 per share, upon the consummation of an
initial business combination, subject to adjustment if additional shares of Class A Common Stock (together with any successor equity security thereto in the Transactions (as defined below), “Class A Common
Stock”), or Equity-linked Securities (as defined in the SPAC Charter), are issued or deemed issued in excess of the amounts sold in SPAC’s initial public offering (the “Anti-Dilution Right”), excluding certain exempted
issuances; 
 WHEREAS, concurrently with the execution and delivery of this Agreement, SPAC, PubCo, Merger Sub 1, Merger Sub 2 and the
Company are entering into the Merger Agreement, pursuant to which, upon the consummation of the transactions contemplated thereby (the “Closing”), among other matters, Merger Sub 1 will merge with and into the Company (with the
Company surviving such merger as a wholly-owned subsidiary of PubCo) and Merger Sub 2 will merger with and into SPAC (with SPAC surviving such merger as a wholly-owned subsidiary of PubCo) upon the terms and subject to the conditions set forth
therein (the transactions contemplated by the Merger Agreement, the “Transactions”); and 
 WHEREAS, as a condition and
inducement to the Company’s willingness to enter into the Merger Agreement, the Company has required that Sponsor enter into this Agreement. 

NOW, THEREFORE, in consideration of the representations, warranties, covenants and agreements contained herein and for other good and valuable
consideration, the receipt and adequacy of which are hereby acknowledged, and subject to the conditions set forth herein, the parties hereto agree as follows: 

 Section 1 Enforcement of Sponsor Voting Requirements,
Transfer Restrictions and Redemption Waiver. During the period beginning on the date of this Agreement and ending on the earlier of (x) the Closing and (y) the date on which the Merger Agreement is validly terminated in
accordance with its terms, for the benefit of the Company, (a) Sponsor agrees that it will fully comply with, and perform all of its obligations, covenants and agreements set forth in, the Insider Letter in all material respects, including
voting in favor of the Transactions, not redeeming its shares of SPAC common stock in connection with the Transactions and the transfer restrictions with respect to its shares of SPAC common stock, (b) SPAC agrees to enforce the Insider Letter
in accordance with its terms; and (c) each of Sponsor and SPAC agree (i) that the prior written consent of the Company (not to be unreasonably withheld, delayed or conditioned) will be required in addition to the prior written consent of
the Representative (as defined in the Insider Letter) for any of the matters described in clauses (i) through (iii) under Section 3(a) of the Insider Letter, and (ii) not to amend, modify or waive any provision of the Insider Letter
without the prior written consent of the Company (not to be unreasonably withheld, delayed or conditioned). 

Section 2 Waiver of Anti-Dilution Protection. Sponsor, as the holder of a majority of the
issued and outstanding shares of Class B Common Stock, solely in connection with and only for the purpose of the proposed Transactions, hereby waives, to the fullest extent permitted by law, the Anti-Dilution Right, and agrees that the
Class B Common Stock will convert only upon the Initial Conversion Ratio (as defined in the SPAC Charter) in connection with the Transactions. This waiver shall be void and of no force and effect following the earlier of (x) the Closing
and (y) the date on which the Merger Agreement is validly terminated in accordance with its terms. All other terms related to the Class B Common Stock shall remain in full force and effect, except as modified as set forth directly above,
which modification shall be effective only upon the consummation of the Transactions. 
 Section 3 Waiver
and Release of Claims. Sponsor covenants and agrees as follows: 
 (a) Effective as of the Closing, subject to the limitations
set forth in paragraph (c) below, Sponsor on behalf of itself and its Affiliates, successors, assigns, representatives, administrators, executors and agents, and any other person or entity claiming by, through, or under any of the foregoing
(each a “Releasing Party” and, collectively, the “Releasing Parties”), does hereby unconditionally and irrevocably release, waive and forever discharge each of the Company, the Company’s Affiliates, SPAC,
PubCo, Merger Sub 1 and Merger Sub 2 and each of their respective past and present directors, officers, employees, agents, predecessors, successors, assigns, Subsidiaries, from any and all past or present claims, demands, damages, judgments, causes
of action and liabilities of any nature whatsoever, whether or not known, suspected or claimed, arising directly or indirectly from any act, omission, event or transaction occurring (or any circumstances existing) at or prior to the Closing (each a
“Claim” and, collectively, the “Claims”); provided, however, that the release, waiver and discharge by Sponsor’s Affiliates is limited to Claims that arise from the Transactions. 

(b) Sponsor acknowledges that it may hereafter discover facts in addition to or different from those which it now knows or believes to be true
with respect to the subject matter of this Agreement, and that it may hereafter come to have a different understanding of the law that may apply to potential claims which it is releasing hereunder, but it affirms that, except as is otherwise
specifically provided herein, it is its intention to fully, finally and forever settle and release any and all Claims. In furtherance of this intention, Sponsor acknowledges that the releases contained herein shall be and remain in effect as full
and complete general releases notwithstanding the discovery or existence of any such additional facts or different understandings of law. 

(c) Notwithstanding the foregoing provisions of this Section 3 or anything to the contrary set forth herein, the
Releasing Parties do not release or discharge, and each Releasing Party expressly does not release or discharge: (i) any Claims that arise under or are based upon the terms of (A) this Agreement,

 
the Merger Agreement, any of the Ancillary Agreements, any Letter of Transmittal or any other document, certificate or Contract executed or delivered in connection with the Merger Agreement;
(B) the Insider Letter, (C) the Amended and Restated Forward Purchase Contract, dated as of                     , 2021, by and between
Sponsor and PubCo, (D) the registration rights agreement, dated as of January 28, 2021, by and among SPAC, Sponsor and the other Holders party thereto, (E) the expense advancement agreement, dated as of January 28, 2021, by and
between SPAC and Sponsor, the promissory note, dated as of January 28, 2021 by SPAC in favor of the Sponsor, and any other promissory notes and/or expense advance agreements entered into by and between SPAC and Sponsor prior to the Closing
without violation of the terms of the Merger Agreement; or (F) any PIPE Subscription Agreement to which a Releasing Party may be a party, as each such agreement or instrument described in this clause (i) may be amended in accordance with
its terms, (ii) any rights with respect to the capital stock or warrants of SPAC owned by such Releasing Party, or (iii) any Claims for indemnification, contribution, set-off, reimbursement or
similar rights pursuant to any certificate of incorporation or bylaws of SPAC or any of its Subsidiaries or any indemnity or similar agreements by SPAC or any of its Subsidiaries with or for the benefit of a Releasing Party. 

(d) Notwithstanding the foregoing provisions of this Section 3, nothing contained in this Agreement shall be
construed as an admission by any party hereto of any liability of any kind to any other party hereto. Notwithstanding anything to the contrary contained herein, Sponsor and SPAC (and each of their respective Affiliates) shall be deemed not to be
Affiliates of each other for purposes of this Section 3. 
 Section 4 Sponsor Earn-Out. 
 (a)    Sponsor hereby agrees that, upon and subject to the
Closing, it will not sell, transfer or otherwise dispose of, or hypothecate or otherwise grant any interest in or to, that number of Class A Ordinary Shares of PubCo (“PubCo Class A Ordinary Shares”) equal to
one million eight hundred sixty nine thousand (1,869,000) less thirty percent (30%) of any Forfeiture Escrow Shares (rounded down to the nearest whole number) retired and cancelled pursuant to Section 2.10 of the Merger Agreement (together with
any equity securities paid as dividends or distributions with respect to the PubCo Class A Ordinary Shares or into which the PubCo Class A Ordinary Shares are exchanged or converted, in either case, after the Closing, the “Earn-Out Shares”), unless, until and to the extent that a Release Event (as defined below) has occurred with respect to such Earn-Out Shares; provided, that Sponsor
may, by providing notice to PubCo and the Company prior to or promptly after such transfer, transfer all or any portion of the Earn-Out Shares to any person or entity that qualifies as a permitted transferee
under Section 7(c) of the Insider Letter (each, a “Permitted Transferee”), so long as such Permitted Transferee agrees in writing to be bound by the terms and conditions of this Agreement. Sponsor shall be bound by, and comply
with, the terms and conditions set forth in Section 2.10 and 2.11 of the Merger Agreement that are applicable to the Sponsor, as if Sponsor was an original signatory to the Merger Agreement with respect to such provisions. 

(i)    In the event that a Release Event has not occurred on or prior to the date which is five (5) years following
the Closing (the “Termination Date” and, the period from the Closing Date until and including the Termination Date, the “Earn-Out Period”) with respect to all of the Earn-Out Shares, Sponsor hereby agrees to the cancellation of any of its Earn-Out Shares that have not been subject to a Release Event. In order to effectuate such
cancellation in the event that a Release Event has not been achieved by the Termination Date, Sponsor shall promptly deliver its Earn-Out Shares that have not been subject to a Release Event to PubCo in
certificated or book entry form (at the election of Sponsor) for cancellation by PubCo. 
 (ii)    The share
certificates representing the Earn-Out Shares shall contain a legend relating to transfer restrictions imposed by this Section 4 and the risk of cancellation associated with the Earn-Out Shares. PubCo will cause its transfer agent to remove such legend as promptly as practicable, 

 
but in any event within three (3) Business Days, after the written request by Sponsor following a Release Event with respect to such Earn-Out Shares.
Until and unless the Earn-Out Shares are released to PubCo for cancellation, Sponsor will have full ownership rights to the Earn-Out Shares, including the right to vote
such shares and to receive dividends and distributions paid in cash thereon; provided, however, that Earn-Out Shares are deemed to include all distributions payable thereon in stock or other non-cash property (“Non-Cash Dividends”) and such Non-Cash Dividends shall be forfeited by Sponsor in accordance with
the terms governing cancellation of Earn-Out Shares in this Section 4. 

(iii)    Pursuant to, and in accordance with this Agreement, the
Earn-Out Shares shall vest and no longer be subject to cancellation as follows (each, as applicable to the relevant Earn-Out Shares, a “Release Event”):

 (A)     one-third of the
Earn-Out Shares will vest and no longer be subject to cancellation if the closing price of the PubCo Class A Ordinary Shares (or any common or ordinary equity security that is the successor to the PubCo
Class A Ordinary Shares (together with the PubCo Class A Ordinary Shares, the “Public Ordinary Shares”)) on the principal exchange on which such securities are then listed or quoted is at or above $12.50 (the
“First Price Threshold”) for ten (10) Trading Days (which need not be consecutive) over a twenty (20) Trading Day period at any time during the Earn-Out Period; 

(B)    one-third of the
Earn-Out Shares will vest and no longer be subject to cancellation if the closing price of the Public Ordinary Shares on the principal exchange on which such securities are then listed or quoted is at or above
$15.00 (the “Second Price Threshold”) for ten (10) Trading Days (which need not be consecutive) over a twenty (20) Trading Day period at any time during the Earn-Out Period; 

(C)    one-third of the
Earn-Out Shares will vest and no longer be subject to cancellation if the closing price of the Public Ordinary Shares on the principal exchange on which such securities are then listed or quoted is at or above
$20.00 (the “Third Price Threshold” and, together with the First Price Threshold and the Second Price Threshold, the “Price Thresholds”) for ten (10) Trading Days (which need not be consecutive) over a twenty
(20) Trading Day period at any time during the Earn-Out Period; 

(D)    If the Price Thresholds shall be achieved on or prior to the Termination Date, then within three
(3) Business Days following the achievement of the Price Thresholds, PubCo shall cause its transfer agent to, upon receipt of written notice from Sponsor and PubCo, certifying that the Price Thresholds have been achieved, release the Earn-Out Shares to Sponsor; and 
 (E)    If an Early Release Event
occurs prior to the Termination Date, then all of the Earn-Out Shares that have not yet vested will vest and no longer be subject to forfeiture or the transfer restrictions in this Section 4, effective
immediately prior to the consummation of such Early Release Event. 
 (iv)    For purposes of this
Section 4, (A) an “Early Release Event” means any of the following: (1) if PubCo is merged, consolidated or reorganized with or into another Person (an “Purchaser”) except for any such merger or
consolidation in which the PubCo Class A Ordinary Shares and the Class B Ordinary Shares of PubCo outstanding immediately prior to such merger or consolidation continue to represent, or are converted into or exchanged for shares of capital
stock that represent, immediately following such merger or consolidation, a majority, by voting power, of the capital stock of the surviving or resulting corporation; (2) PubCo sells, leases, assigns, transfers, licenses or otherwise disposes
of, in one or a series of related transactions, all or 

 
substantially all of the assets of PubCo and its Subsidiaries, taken as a whole, or the sale or disposition (whether by merger or otherwise) of one or more Subsidiaries of PubCo if substantially
all of the assets of PubCo and its Subsidiaries taken as a whole are held by such Subsidiaries, except where such sale, lease, transfer, exclusive license or other disposition is to a wholly-owned subsidiary of PubCo; (3) a Schedule 13D or
Schedule 13G report (or any successor schedule form or report), each as promulgated pursuant to the Exchange Act, is filed with the SEC disclosing that any person or group (as the terms “person” and “group” are used in
Section 13(d) or Section 14(d) of the Exchange Act and the rules and regulations promulgated thereunder) has become the beneficial owner (as the term “beneficial owner” is defined in Rule
13d-3 or any successor rule or regulation promulgated under the Exchange Act) of a percentage of shares of the outstanding Public Ordinary Shares that represents more than 50% of the voting power of PubCo;
(4) during any period beginning immediately after the Closing, the Initial Directors cease to constitute at least a majority of the PubCo Board (for purposes hereof, the term “Initial Directors” means the directors who were elected to
the PubCo Board at the Closing in accordance with Section 2.2(f)(i) of the Merger Agreement; (5) if PubCo shall engage in a “going private” transaction pursuant to Rule 13e-3 under the
Exchange Act or otherwise ceases to be subject to reporting obligations under Sections 13 or 15(d) of the Exchange Act; or (6) if PubCo Ordinary Shares or other Public Ordinary Shares shall cease to be listed on a national securities exchange;
and (B) “Trading Day” means any day on which the Public Ordinary Shares are actually traded on the principal exchange on which such securities are then listed or quoted. 

(v)    The Price Thresholds and the applicable number of Earn-Out
Shares released for each applicable Release Event shall be subject to equitable adjustment for share splits, share dividends, reorganizations, combinations, recapitalizations and similar transactions affecting the Public Ordinary Shares after the
Closing. For avoidance of doubt, share dividends include the fair market value of any securities or other assets paid or payable by PubCo or any successor public company to holders of Public Ordinary Shares. 

Section 5 Representations and Warranties of Sponsor. Sponsor represents and warrants to the
Company, as follows: 
 (a) Authorization. Sponsor is a limited liability company duly organized, validly existing and in good
standing under the laws of the State of Delaware, has all requisite power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby, and the execution, delivery
and performance of this Agreement by Sponsor and the consummation by Sponsor of the transactions contemplated hereby have been duly and validly authorized by all necessary action on the part of Sponsor and no other proceedings on the part of Sponsor
or Sponsor’s equityholders are necessary to authorize the execution and delivery of this Agreement or the consummation of the transactions contemplated hereby except as have been obtained prior to the date of this Agreement. This Agreement has
been duly and validly executed and delivered by Sponsor, assuming the due execution and delivery by PubCo and the Company, constitutes the legal, valid and binding obligation of Sponsor, enforceable against Sponsor in accordance with its terms,
except as limited by Laws affecting the enforcement of creditors’ rights generally, by general equitable principles or by the discretion of any Governmental Authority before which any Action seeking enforcement may be brought. 

(b) Consents and Approvals; No Violations. 

(i)    The execution, delivery and performance of this Agreement by Sponsor and the consummation by Sponsor of the
transactions contemplated hereby do not and will not require any filing or registration with, notification to, or authorization, permit, license, declaration, Governmental Order, consent or approval of, or other action by or in respect of, any
Governmental Authority, Nasdaq or the NYSE on the part of Sponsor. 

 (ii)    The execution, delivery and performance by Sponsor of this
Agreement and the consummation by Sponsor of the transactions contemplated by this Agreement do not and will not (A) conflict with or violate any provision of the organizational documents of Sponsor, (B) conflict with or violate, in any
respect, any Law applicable to Sponsor or by which any property or asset of Sponsor is bound, (C) require any consent or notice, or result in any violation or breach of, or conflict with, or constitute (with or without notice or lapse of time
or both) a default (or give rise to any right of purchase, termination, amendment, acceleration or cancellation) under, result in the loss of any benefit under, or result in the triggering of any payments (including any right of acceleration of any
royalties, fees, profit participations or other payments to any Person) pursuant to, any of the terms, conditions or provisions of any Contract to which Sponsor is a party or by which any of Sponsor’s properties or assets are bound or any
Governmental Order or Law applicable to Sponsor or Sponsor’s properties or assets, or (D) result in the creation of a Lien on any property or asset of Sponsor, except in the case of clauses (B) and (D) above as would not reasonably be
expected, either individually or in the aggregate, to impair in any material respect the ability of Sponsor to timely perform its obligations hereunder or consummate the transactions contemplated hereby. 

(c) Ownership of Class B Common Stock. Sponsor (i) is the sole record and beneficial owner of all of the
Class B Common Stock listed next to Sponsor’s name on Schedule I, free and clear of all Liens (other than Liens arising under applicable securities Laws and the Insider Letter), (ii) has the sole voting power with respect to such
Class B Common Stock and (iii) has not entered into any voting agreement (other than this Agreement and the Insider Letter) with or granted any Person any proxy (revocable or irrevocable) with respect to such Class B Common Stock.

 (d) Contracts with SPAC. Except for (a) the Contracts described in Section 3(c) of this Agreement and (b) any
Contract listed in a form, report, schedule, statement or other documents that is publicly filed with the SEC, none of Sponsor nor any of the Affiliates of Sponsor is a party to any Contract with SPAC. 

Section 6 Gain Recognition Agreement. With regard to any gain recognition agreement (as such term is
used in Treasury Regulations Section 1.367(a)-8 or any successor provision thereto) that is filed by any direct or indirect owner of Sponsor in connection with the Merger Agreement
(any such agreement, a “GRA”), PubCo agrees that during the five years following the Closing, as long as the GRA remains in effect, each of PubCo and SPAC shall not take any action (or cause any of its Affiliates to take any action) that
qualifies as a “gain recognition event” for purposes of Treasury Regulations Section 1.367(a)-8 (or any successor provision thereto) or otherwise triggers gain under the
GRA. Each party shall cooperate fully, including by providing reasonable access to applicable tax records and information, to allow the parties to comply with the covenant in this Section 6 and to avoid the recognition of gain by any party to
the GRA.  
 Section 7 Exclusivity. During the period beginning on the date of this Agreement and
ending on the earlier of (a) the Closing and (b) the date on which the Merger Agreement is validly terminated in accordance with its terms, for the benefit of the Company, Sponsor shall not directly or indirectly (i) initiate any
negotiations with any Person with respect to, or provide any non-public information or data concerning SPAC to any Person relating to, an Acquisition Proposal or Business Combination Proposal or afford to any
Person access to the business, properties, assets or personnel of SPAC in connection with an Acquisition Proposal or Business Combination Proposal, (ii) enter into, or encourage SPAC to enter into, any acquisition agreement, merger agreement or
similar definitive agreement, or any letter of intent, memorandum of understanding or agreement in principle, or any other agreement relating to an Acquisition Proposal or Business Combination Proposal, (iii) grant any waiver, amendment or
release under any 

 
confidentiality agreement or the anti-takeover Laws of any state in connection with an Acquisition Proposal or Business Combination Proposal, or (iv) otherwise knowingly facilitate any such
inquiries, proposals, discussions, or negotiations or any effort or attempt by any Person to make an Acquisition Proposal or Business Combination Proposal. For avoidance of doubt, this Section 7 shall in no way restrict any officer or director
of Sponsor or its Affiliates from duly exercising their authority, or otherwise acting in their capacity, as officer or director of any entity other than Sponsor.     

Section 8 Further Assurances. Sponsor hereby agrees that it shall, from time to time, (a) execute and
deliver, or cause to be executed and delivered, such Ancillary Agreements as may be necessary to satisfy any condition to the Closing under the Merger Agreement, in substantially the form previously provided to Sponsor as of the date of this
Agreement, and (b) shall undertake commercially reasonable efforts to (i) execute and deliver, or cause to be executed and delivered, such additional or further consents, documents and other instruments and (ii) take, or cause to be
taken, such actions, and do, or cause to be done, and assist and cooperate with the other parties in doing such things, in each case, as another party hereto may reasonably request for the purpose of effectively carrying out the transactions
contemplated by this Agreement and the Merger Agreement, in each case, where such efforts do not require Sponsor expenditures in excess of those contemplated by the Merger Agreement. 

Section 9 General. 

(a) Termination. This Agreement shall terminate on the earlier to occur of (a) the Closing or (b) at such time, if any, as
the Merger Agreement is terminated in accordance with its terms prior to the Closing, and upon such termination this Agreement shall be null and void and of no effect whatsoever, and the parties hereto shall have no obligations under this Agreement;
provided, however, that no termination of this Agreement shall relieve or release a party from any obligations or liabilities arising out of such party’s breaches of this Agreement prior to such termination. 

(b) Notices. All notices, consents, waivers and other communications hereunder shall be in writing and shall be deemed to have been
duly given when delivered (i) in person, (ii) by email during normal business hours, (iii) by FedEx or other nationally recognized overnight courier service, or (iv) after posting in the United States mail having been sent
registered or certified mail return receipt requested, postage prepaid, and otherwise on the next Business Day, addressed as follows (or at such other address for a party as shall be specified by like notice): 

if to SPAC, to it at: 

CF Acquisition Corp. V 

110 East 59th Street 

New York, NY 10022 

Attention: Chief Executive Officer 

Email: CFV@cantor.com 

with a copy to: 

Hughes Hubbard & Reed LLP 

One Battery Park Plaza 

New York, NY 10004 

Attention: Ken Lefkowitz 

Email: ken.lefkowitz@hugheshubbard.com 

if to the Sponsor, to it at: 

 CFAC Holdings V, LLC 

110 East 59th Street 

New York, NY 10022 

Attention: Chief Executive Officer 

Email: CFV@cantor.com 

if to the Company or PubCo, to it at: 

Nettar Group Inc. 

Email: ceo@satellogic.com 

gc@satellogic.com 

Attention: Emiliano Kargieman 

     Rebeca Brandys 

with a copy to: 

Friedman Kaplan Seiler & Adelman LLP 

7 Times Square 

New York, NY 10036-6516 

Email: areindel@fklaw.com 

Attention: Asaf Reindel 

and 

Greenberg Traurig LLP 

333 SE 2nd Avenue 

Suite 4400 

Miami, FL 33131 

Email: annexa@gtlaw.com 

Attention: Alan I. Annex 

(c) Entire Agreement. This Agreement (including the Merger Agreement and each of the other documents and the instruments referred to
herein, to the extent incorporated herein) constitutes the entire agreement and understanding of the parties hereto in respect of the subject matter hereof and supersedes all prior understandings, agreements, or representations by or among the
parties hereto, written or oral, to the extent they relate in any way to the subject matter hereof. 
 (d) Governing Law; Jurisdiction;
Waiver of Jury Trial. Sections 10.7 and 10.14 of the Merger Agreement shall apply to this Agreement mutatis mutandis. 
 (e)
Remedies. All rights and remedies existing under this Agreement are cumulative to, and not exclusive of any rights or remedies otherwise available. The parties hereto agree that irreparable damage could occur in the event that any of the
provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed that the parties shall be entitled to seek an injunction or injunctions to prevent breaches of this
Agreement and to specific enforcement of the terms and provisions of this Agreement, in addition to any other remedy to which any party is entitled at law or in equity. In the event that any Action shall be brought in equity to enforce the
provisions of this Agreement, no party shall allege, and each party hereby waives the defense, that there is an adequate remedy at law, and each party agrees to waive any requirement for the securing or posting of any bond in connection therewith.

 (f) Amendments and Waivers. This Agreement may be amended or modified only with the
written consent of SPAC, PubCo, the Company and Sponsor. The observance of any term of this Agreement may be waived (either generally or in a particular instance, and either retroactively or prospectively) only with the written consent of the party
against whom enforcement of such waiver is sought. No failure or delay by a party in exercising any right hereunder shall operate as a waiver thereof. No waivers of or exceptions to any term, condition, or provision of this Agreement, in any one or
more instances, shall be deemed to be or construed as a further or continuing waiver of any such term, condition, or provision. 
 (g)
Severability. If any provision of this Agreement is held invalid, illegal or unenforceable by any court of competent jurisdiction, the other provisions of this Agreement shall remain in full force and effect. The parties further agree that if
any provision contained herein is, to any extent, held invalid, illegal or unenforceable in any respect under the Laws governing this Agreement, they shall take any actions necessary to render the remaining provisions of this Agreement valid and
enforceable to the fullest extent permitted by Law and, to the extent necessary, shall amend or otherwise modify this Agreement to replace any provision contained herein that is held invalid or unenforceable with a valid and enforceable provision
giving effect to the intent of the parties. 
 (h) Assignment. No party hereto may assign either this Agreement or any of its rights,
interests, or obligations hereunder without the prior written consent of the other parties; provided, that in the event that Sponsor transfers any of its, his or her Founder Shares to any Permitted Transferee in accordance with this Agreement,
Sponsor may, by providing notice to SPAC, PubCo and the Company prior to or promptly after such transfer, transfer its rights and obligations under this Agreement with respect to such securities to such Permitted Transferee so long as such Permitted
Transferee agrees in writing to be bound by the terms of this Agreement that apply to Sponsor hereunder with respect to such securities. Any purported assignment in violation of this Section 8(h) shall be void and
ineffectual and shall not operate to transfer or assign any interest or title to the purported assignee. This Agreement shall be binding on the undersigned and their respective successors and permitted assigns. 

(i) Costs and Expenses. Each party to this Agreement will pay its own costs and expenses (including legal, accounting and other fees)
relating to the negotiation, execution, delivery and performance of this Agreement. 
 (j) No Joint Venture. Nothing contained in
this Agreement shall be deemed or construed as creating a joint venture or partnership between any of the parties hereto. No party is by virtue of this Agreement authorized as an agent, employee or legal representative of any other party. Without in
any way limiting the rights or obligations of any party hereto under this Agreement, prior to the Closing, (i) no party shall have the power by virtue of this Agreement to control the activities and operations of any other and (ii) no
party shall have any power or authority by virtue of this Agreement to bind or commit any other party. No party shall hold itself out as having any authority or relationship in contravention of this Section 8(j). 

(k)    Publicity. All press releases or other public communications of Sponsor relating to this Agreement and the
Transactions shall be subject to the prior written approval of SPAC and the Company, which approval shall not be unreasonably withheld; provided, that Sponsor shall not be required to obtain consent pursuant to this
Section 8(k) to the extent any proposed release or statement is substantially equivalent to the information that has previously been made public without breach of the obligation under this
Section 8(k). The restriction in this Section 8(k) shall not apply to the extent the public announcement is required by applicable securities Law, any Governmental Authority or stock exchange

 
rule; provided, however, that in such an event, Sponsor shall use its reasonable efforts to consult with SPAC and the Company in advance as to its form, content and timing. The restriction in
this Section 8(k) shall also not apply to disclosures set forth in marketing materials distributed by Sponsor or its Affiliates for limited or confidential circulation. 

(l) Capacity as Stockholder. Sponsor signs this Agreement solely in its capacity as a stockholder of SPAC, and not in its capacity as a
director (including “director by deputization”), officer or employee of SPAC, if applicable. Nothing herein shall be construed to limit or affect any actions or inactions by Sponsor or any representative of Sponsor, as applicable, serving
as a director of SPAC or any Subsidiary of SPAC, acting in such person’s capacity as a director or officer of SPAC or any Subsidiary of SPAC (it being understood and agreed that the Merger Agreement contains provisions that govern the actions
or inactions by the directors of the Company with respect to the Merger and Transactions). 
 (m) Headings; Interpretation. The
headings and subheadings in this Agreement are for convenience only and shall not be considered a part of or affect the construction or interpretation of any provision of this Agreement. In this Agreement, unless the context otherwise requires:
(i) any pronoun used shall include the corresponding masculine, feminine or neuter forms, and the singular form of nouns, pronouns and verbs shall include the plural and vice versa; (ii) the term “including” (and with correlative
meaning “include”) shall be deemed in each case to be followed by the words “without limitation”; (iii) the words “herein,” “hereto,” and “hereby” and other words of similar import shall be deemed in
each case to refer to this Agreement as a whole and not to any particular section or other subdivision of this Agreement; and (iv) the term “or” means “and/or”. The parties have participated jointly in the negotiation and
drafting of this Agreement. Consequently, in the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the parties hereto, and no presumption or burden of proof shall arise
favoring or disfavoring any party by virtue of the authorship of any provision of this Agreement. 
 (n) Counterparts. This Agreement
may be executed in two or more counterparts, and by different parties in separate counterparts, with the same effect as if all parties hereto had signed the same document, but all of which together shall constitute one and the same instrument.
Copies of executed counterparts of this Agreement transmitted by electronic transmission (including by email or in .pdf format) or facsimile as well as electronically or digitally executed counterparts (such as DocuSign) shall have the same legal
effect as original signatures and shall be considered original executed counterparts of this Agreement. 
 [The next page is the signature
page] 

 IN WITNESS WHEREOF, the parties hereto have executed this Sponsor Support Agreement
as of the date first written above. 
  

			
	SPAC:
	
	CF ACQUISITION CORP. V
		
	By:	 	  

		 	Name:
		 	Title:
	
	SPONSOR:
	
	CFAC HOLDINGS V, LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	PUBCO:
	
	SATELLOGIC INC.
		
	By:	 	  

		 	Name:
		 	Title:
	
	THE COMPANY:
	
	NETTAR GROUP, INC.
		
	By:	 	  

		 	Name:
		 	Title:

 [Signature Page to Sponsor Support Agreement by and among CF Acquisition Corp. V, CFAC Holdings V,
LLC, Satellogic Inc. and Nettar Group, Inc. (Project Ganymede)] 

 SCHEDULE I 
  

			
	 Stockholder
	  	 Number of Shares of Class B Common Stock of

CF Acquisition Corp. V

	 CFAC Holdings V, LLC
	  	6,230,000 shares of Class B Common Stock

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