Document:

Exhibit 10.4

 

Execution Version

 

FORFEITURE AGREEMENT

 

This Forfeiture Agreement
(this “Agreement”) is made as of January 23, 2020 by and between Atlas Technical Consultants Holdings LP, a
Delaware limited partnership (“Seller”) and Boxwood Sponsor LLC, a Delaware limited liability company (“Sponsor”).
Seller and Sponsor are sometimes individually referred to in this Agreement as a “Party” and collectively as
the “Parties”.

 

WHEREAS, the Sponsor
is a stockholder of Boxwood Merger Corp., a Delaware corporation (“Parent”);

 

WHEREAS, Parent, Seller,
Atlas TC Holdings LLC (“Holdings”), Atlas TC Buyer LLC (the “Buyer”) and Atlas Intermediate
Holdings LLC, a Delaware limited liability company (“Company”), entered into that certain unit purchase agreement,
dated as of August 12, 2019 (as the same may be amended from time to time including pursuant to the Purchase Agreement Amendment
(as defined below), the “Purchase Agreement”), pursuant to which, upon the terms and subject to the conditions
set forth therein, Buyer will acquire a certain number of the equity interests of Company (such transaction, together with the
other transactions contemplated by the Purchase Agreement, the “Transactions”);

 

WHEREAS, contemporaneously
herewith, Parent, Seller, Holdings, Buyer and the Company propose to enter into that certain Amendment No. 1 to the Unit Purchase
Agreement (the “Purchase Agreement Amendment”); and

 

WHEREAS, as a condition
to its willingness to enter into the Purchase Agreement Amendment, Seller has required that Sponsor execute and deliver this Agreement.

 

NOW, THEREFORE, in
consideration of the foregoing and the respective representations, warranties, covenants, agreements and conditions set forth in
this Agreement, and intending to be legally bound hereby, each of the undersigned hereby agree as follows:

 

Section 1. Definitions.
Capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Purchase Agreement.

 

Section 2. Representations
and Warranties of Sponsor.

 

(a) Organization;
Authorization. Sponsor is duly organized, validly existing and in good standing under the Laws of the jurisdiction in which
it is organized, and the execution, delivery and performance of this Agreement and the consummation of the transactions contemplated
hereby are within Sponsor’s organizational powers and has been duly authorized by all necessary limited liability company
actions on the part of Sponsor. Sponsor has the power and authority to execute and deliver this Agreement, to perform its, his
or her obligations under this Agreement and to consummate the transactions contemplated by this Agreement. This Agreement has been
duly authorized, executed and delivered by Sponsor, and when duly authorized, executed and delivered by Seller, constitutes the
legal, valid and binding obligations of Sponsor, enforceable against Sponsor in accordance with its terms (except as enforceability
may be limited by bankruptcy Laws, other similar Laws affecting creditors’ rights and general principles of equity affecting
the availability of specific performance and other equitable remedies).

 

    

    	 

    

 

(b) Consents
and Approvals; No Violation. None of the execution and delivery of this Agreement, the performance by Sponsor of its obligations
hereunder or the consummation of the transactions contemplated hereby will (i) violate or result in any breach of Sponsor’s
Governing Documents (as applicable), (ii) result in any material breach of, or constitute a material default under (or constitute
an event which with the giving of notice or lapse of time, or both, would become a material default), or give to any third party
(other than a Governmental Entity) any right of termination, consent, acceleration or cancellation of, or result in the creation
of any Lien on any of the assets of Sponsor pursuant to any Contract to which Sponsor is a party or by which such assets are bound,
or (iii) materially violate or result in a material breach of any Law applicable to Sponsor. No approval of a Governmental Entity
is required to be made or obtained by Sponsor in connection with the execution, delivery and performance of this Agreement or the
consummation of the transactions contemplated hereby, except (A) as would not reasonably be expected to have a material adverse
effect on the ability of Buyer to consummate the Transactions and (B) compliance with any applicable requirements of any applicable
securities Laws, whether federal, state or foreign.

 

(c) Litigation.
As of the date of this Agreement, there is no Proceeding pending or, to the knowledge of Sponsor, threatened, against Sponsor before
or by any Governmental Entity, which challenges or seeks an Order restraining, enjoining or otherwise prohibiting or making illegal
any of the transactions contemplated by this Agreement or the performance by Sponsor of its obligations hereunder. For purposes
of this Section 2, “knowledge of Sponsor” means the knowledge of the managers and officers of Sponsor.

 

(d) Acknowledgement.
Sponsor understands and acknowledges that Seller is entering into the Purchase Agreement Amendment in reliance upon Sponsor’s
execution and delivery of this Agreement.

 

Section 3. Cancellation
of Class F Common Stock. Sponsor shall be bound by and shall comply with Section 6.23 of
the Purchase Agreement (and any relevant definitions contained in such Section) as if Sponsor was an original signatory to the
Purchase Agreement with respect to such Section. Without limiting the generality of the foregoing, immediately prior to the Closing,
if, and only if, the Available Equity Proceeds Condition is not or will not be satisfied at Closing, then Sponsor shall (and,
subject only to the consummation of the Closing and the non-satisfaction of the Available Equity Proceeds Condition, hereby does)
surrender, forfeit and consent to the termination and cancellation, in each case for no consideration and without further right,
obligation or liability of any kind or nature on the part of the Buyer Group, Sponsor, Seller or the Company, of 1,750,000 shares
of Class F Common Stock. Immediately prior to the Closing, Sponsor shall cause to be delivered and surrendered for cancellation
any stock certificates or any similar instruments or securities evidencing or representing the 1,750,000 shares of Class F Common
Stock to be forfeited, terminated and cancelled pursuant to the preceding sentence.

 

Section 4. Termination.
This Agreement shall terminate upon and be of no further force or effect upon the earliest to occur of (a) the Closing and (b)
the termination prior to the Closing of the Purchase Agreement in accordance with its terms. Upon termination of this Agreement,
no party shall have any further obligations or liabilities under this Agreement; provided, however, that the termination
of this Agreement shall not relieve any party hereto from liability arising in respect of any breach of this Agreement prior to
such termination. This Section 11 shall survive the termination of this Agreement.

 

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Section 5. Further
Assurances. Each Stockholder shall take, or cause to be taken, all actions and do, or cause
to be done, all things reasonably necessary under applicable Laws to consummate the Transactions on the terms and subject to the
conditions set forth herein and in the Purchase Agreement.

 

Section 6. Notices.
All notices, demands, requests, instructions, claims, consents, waivers and other communications to be given or delivered under
or by reason of the provisions of this Agreement shall be in writing and shall be deemed to have been given (a) when personally
delivered (or, if delivery is refused, upon presentment), received by fax or email (with hard copy to follow) prior to 5:00 p.m.
Central Time on a Business Day or delivery by reputable overnight express courier (charges prepaid) or (b) three days following
mailing by certified or registered mail, postage prepaid and return receipt requested. Unless another address is specified in
writing, notices, demands and communications shall be sent to the addresses indicated below:

 

If to Sponsor, to the
address included on Sponsor’s signature page hereto with a copy (which shall not constitute notice) to:

 

Winston & Strawn LLP

200 Park Avenue

New York, New York 10166-4193

		Attention:	Joel Rubinstein

Jason Osborn
		Fax:	(212) 294-4700
		Email:	jrubinstein@winston.com

josborn@winston.com

 

If to Seller to:

 

Atlas Technical Consultants
Holdings LP

13215 Bee Cave Parkway

Bldg. B, Suite 230

Austin, Texas 78738

Attention: L. Joseph Boyer

Email: joe.boyer@atlastechnical.us

 

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

 

c/o Bernhard Capital Partners

400 Convention St., Suite
1010

Baton Rouge, Louisiana 70802

		Attention:	Mark Spender

Christopher Dillon

Lucie Kantrow
		Fax:	(225) 454-6957
		Email:	mark@bernhardcapital.com

chris@bernhardcapital.com

lucie@bernhardcapital.com

 

    3

    	 

    

 

and

 

Kirkland & Ellis LLP

609 Main Street

Houston, Texas 77002

		Attention:	William J. Benitez, P.C.

Julian J. Seiguer, P.C.
		Fax:	(713) 836-3601
		Email:	william.benitez@kirkland.com

julian.seiguer@kirkland.com

 

Section 7. Miscellaneous.

 

(a) Except
as set forth in the Purchase Agreement, whether or not the Transactions are consummated, all fees and expenses incurred in connection
with this Agreement and the transactions contemplated by this Agreement, including the fees and disbursements of counsel, financial
advisors and accountants, shall be paid by the Party incurring such fees or expenses.

 

(b) Whenever
possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable Law,
but if any provision of this Agreement or the application of any such provision to any Person or circumstance shall be held to
be prohibited by or invalid, illegal or unenforceable under applicable Law in any respect by a court of competent jurisdiction,
such provision shall be ineffective only to the extent of such prohibition or invalidity, illegality or unenforceability, without
invalidating the remainder of such provision or the remaining provisions of this Agreement. Furthermore, in lieu of such illegal,
invalid or unenforceable provision, there shall be added automatically as a part of this Agreement a legal, valid and enforceable
provision as similar in terms to such illegal, invalid, or unenforceable provision as may be possible.

 

(c) This
Agreement is binding upon, inures to the benefit of and is enforceable by the Parties and their respective successors and permitted
assigns. Neither this Agreement nor any right, interest or obligation hereunder may be assigned by any Party without the prior
written consent of the other Party, and any attempt to do so will be void, except for assignments and transfers by operation of
Law.

 

(d) The
headings used in this Agreement have been inserted for convenience of reference only and do not modify, define or limit any of
the terms or provisions hereof.

 

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(e) Each
of the Parties irrevocably agrees that any legal action or proceeding with respect to this Agreement or the transactions contemplated
hereby shall be brought and determined by Court of Chancery of the State of Delaware and the federal courts of the United States
of America in the State of Delaware and each of the Parties irrevocably submits to the exclusive jurisdiction of such courts solely
in respect of any legal proceeding arising out of or related to this Agreement or the transactions contemplated hereby. The Parties
further agree that the Parties shall not bring suit with respect to any disputes arising out of this Agreement or the transactions
contemplated hereby in any court or jurisdiction other than the above specified courts; provided, however, that the
foregoing shall not limit the rights of the Parties to obtain execution of judgment in any other jurisdiction. The Parties further
agree, to the extent permitted by Law, that a final and nonappealable judgment against a Party in any action or proceeding contemplated
above shall be conclusive and may be enforced in any other jurisdiction within or outside the United States by suit on the judgment,
a certified copy of which shall be conclusive evidence of the fact and amount of such judgment.

 

(f) EACH
PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TO THE FULLEST EXTENT PERMITTED BY LAW TRIAL BY JURY IN ANY LEGAL ACTION OR
PROCEEDING RELATING TO THIS AGREEMENT AND WITH RESPECT TO ANY COUNTERCLAIM RELATED THERETO.

 

(g) This
Agreement and the Purchase Agreement supersede all prior discussions and agreements between the Parties and/or their Affiliates
with respect to the subject matter hereof and contains the sole and entire agreement between the Parties and their Affiliates with
respect to the subject matter hereof; provided, that during the term of this Agreement, the transfer restrictions expressly
set forth in Section 5 hereof shall be considered additive to any transfer restrictions in any other agreement between the
Parties and their Affiliates containing restrictions on the transfer of any Parent Interests. Each Party acknowledges and agrees
that, in entering into this Agreement, such Party has not relied on any promises or assurances, written or oral that are not reflected
in this Agreement or the Purchase Agreement.

 

(h)
The Law of the State of Delaware shall govern (i) all claims or matters related to or arising from this Agreement (including any
tort or non-contractual claims) and (ii) any questions concerning the construction, interpretation, validity and enforceability
of this Agreement, and the performance of the obligations imposed by this Agreement, in each case 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 Law of any jurisdiction other than the State of Delaware.

 

(i) The
Parties acknowledge that the rights of each Party to consummate the transactions contemplated hereby are unique and recognize and
affirm that in the event of a breach of this Agreement by any Party, money damages may be inadequate and the non-breaching Party
may have no adequate remedy at law. Accordingly, the Parties agree that such non-breaching Party shall have the right, in addition
to any other rights and remedies existing in their favor at Law or in equity, to enforce its rights and the other Party’s
obligations hereunder not only by an action or actions for damages but also by an action or actions for specific performance, injunctive
and/or other equitable relief (without posting of bond or other security), including any order, injunction or decree sought by
Parent to cause any Stockholder to perform its agreements and covenants contained in this Agreement. Each Party further agrees
that the only permitted objection that it may raise in response to any action for equitable relief is that it contests the existence
of a breach or threatened breach of this Agreement.

 

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(j) This
Agreement may be executed and delivered in one or more counterparts and by fax or email, each of which shall be deemed an original
and all of which shall be considered one and the same agreement. No Party shall raise the use of a fax machine or email to deliver
a signature or the fact that any signature or agreement or instrument was transmitted or communicated through the use of a fax
machine or email as a defense to the formation or enforceability of a Contract and each Party forever waives any such defense.

 

(k) No
amendment of any provision of this Agreement shall be valid unless the same shall be in writing and signed by the Parties. No waiver
of any provision or condition of this Agreement shall be valid unless the same shall be in writing and signed by the Party against
which such waiver is to be enforced. No waiver by any Party of any default, breach of representation or warranty or breach of covenant
hereunder, whether intentional or not, shall be deemed to extend to any other, prior or subsequent default or breach or affect
in any way any rights arising by virtue of any other, prior or subsequent such occurrence.

 

(l) Each
Stockholder is entering into this Agreement in its, his or her capacity as a stockholder of Parent and, notwithstanding anything
to the contrary in this Agreement, nothing in this Agreement is intended or shall be construed to require any Person, in his or
her capacity as a director and/or officer of Parent to act or fail to act in accordance with his, her or its fiduciary duties in
such director and/or officer capacity. Furthermore, no Person makes any agreement or understanding herein in his, her or its capacity
as a director and/or officer of Parent. The Parties acknowledge that nothing in this Agreement shall restrict Parent and Parent’s
board of directors from taking any action permitted by and in accordance with the Purchase Agreement.

 

(m) The
Parties recognize and affirm that in the event any of the provisions of this Agreement are not performed in accordance with their
specific terms or otherwise are breached, money damages would be inadequate (and therefore the non-breaching Party would have no
adequate remedy at Law) and the non-breaching Party would be irreparably damaged. Accordingly, each Party agrees that each other
Party shall be entitled to specific performance, an injunction or other equitable relief (without posting of bond or other security
or needing to prove irreparable harm) to prevent breaches of the provisions of this Agreement and to enforce specifically this
Agreement and the terms and provisions hereof in any Proceeding, in addition to any other remedy to which such Person may be entitled.

 

* * * * *

    6

    	 

    

 

The Parties have executed
this Forfeiture Agreement as of the date first above written.

 

	 	ATLAS TECHNICAL CONSULTANTS HOLDINGS LP
	 	 
	 	By:	Atlas Technical Consultants Holdings GP LLC
	 	 	 
	 	Its:	General Partner
	 	 	 
	 	By:	/s/ L. Joe Boyer
	 	Name: 	L. Joe Boyer
	 	Title:	Chief Executive Officer

 

[Signature Page to
Forfeiture Agreement]

 

    

    	 

    

 

	 	Boxwood SPONSOR LLC
	 	 
	 	By:	/s/ Stephen M. Kadenacy
	 	Name: 	Stephen M. Kadenacy
	 	Title: 	Chief Executive Officer
	 	 	 
	 	Address:
	 	8801 Calera Drive
	 	Austin, Texas 78735

 

[Signature Page to Forfeiture Agreement]Exhibit 10.5

 

EXECUTION VERSION

 

Boxwood Merger Corp.

8801 Calera Dr.

Austin, TX 78735

Attn: Steven Kadenacy

 

CONFIDENTIAL

 

January 23, 2020

MACQUARIE CAPITAL (USA) INC.

MACQUARIE CAPITAL FUNDING LLC

125 West 55th Street

New York, New York 10019

 

NATIXIS, NEW YORK BRANCH

1251 Avenue of the Americas

New York, New York 10020

 

Project Atlas

Amendment No. 1 to Commitment Letter

 

Ladies and Gentlemen:

 

Reference is made to
(a) the commitment letter dated August 12, 2019 (including the exhibits and other attachments thereto, the “Commitment
Letter”) among Macquarie Capital Funding LLC (“Macquarie Lender”), Macquarie Capital (USA)
INC. (“Macquarie Capital” and, together with Macquarie Lender, “Macquarie”),
Natixis, New York Branch (“Natixis”) and Boxwood Merger Corp., a Delaware corporation (the “SPAC”
or “you”) and (b) the fee letter dated August 12, 2019 (the “Fee Letter”) among Macquarie,
Natixis and you. Terms used but not defined in this amendment letter (this “Amendment”) shall have the
meanings assigned to them in the Commitment Letter. This Amendment amends or otherwise modifies certain of the terms and provisions
of the Commitment Letter as provided herein.

 

1. Second Lien Contingency Term Facility
Commitment Termination

 

Notwithstanding anything
in the Commitment Letter to contrary, each of the parties hereto hereby agree that, with effect from and on the date hereof, the
Initial Lenders’ respective commitments to provide the Second Lien Contingency Term Facility are hereby irrevocably terminated
in their entirety. For the avoidance of doubt, however, the Second Lien Contingency Underwriting Fee (as defined in the
Fee Letter) payable pursuant to clause (y) of the definition thereof in the Fee Letter in respect of the aggregate principal amount
of commitments of $70.0 million originally provided under the Commitment Letter for the Second Lien Contingency Term Facility shall
continue to be earned, due and payable in cash in U.S. Dollars on the Closing Date in accordance with the terms thereof notwithstanding
the termination of the commitments for the Second Lien Contingency Term Facility pursuant to this Amendment.

 

     

     

    

 

 2. Amendments.

 

Each of the parties
hereto hereby agree that, with effect from and on the date hereof:

 

(a) The
Initial Lenders’ aggregate commitments in respect of the First Lien Term Facility shall be irrevocably reduced from $290.0
million to $281.0 million. For the avoidance of doubt, however, (i) the First Lien Term Underwriting Fee (as defined in
the Fee Letter) payable pursuant to clause (y) of the definition thereof in the Fee Letter in respect of the aggregate principal
amount of commitments of $290.0 million originally provided under the Commitment Letter for the First Lien Term Facility shall
continue to be earned, due and payable in cash in U.S. Dollars on the Closing Date in accordance with the terms thereof notwithstanding
the reduction of the commitments for the First Lien Term Facility to $281.0 million pursuant to this Amendment and (ii) nothing
herein shall modify the First Lien Term Underwriting Fee payable pursuant to clause (x) of the definition thereof in the Fee Letter.

 

(b) The
definition of “Acquisition Agreement” in the second paragraph of Exhibit A to the Commitment Letter is hereby
amended and restated as follows:

 

“an
Amended and Restated Unit Purchase Agreement, dated as of January 22, 2020, among the SPAC, Acquisition Co., the Target and Atlas
Technical Consultants Holdings, LP, a Delaware limited partnership (the “Seller”) (together with all
exhibits, schedules and disclosure letters thereto, the “Acquisition Agreement”)”.

 

(c)
Clause (a) of the fourth paragraph of Exhibit A to the Commitment Letter is hereby amended and restated in its
entirety as follows:

 

“prior
to, or concurrently with, the execution and delivery by the SPAC of the Commitment Letter, the SPAC has obtained commitments from
(i) the founding shareholders of the SPAC and certain co-investors thereof in the SPAC to not have their equity interests in the
SPAC (such equity interests, the “Founder Share Value”) redeemed as part of the Acquisition and to vote
their shares in favor of the Acquisition, (ii) Bernhard Capital Partners Management LP (“BCP”) and current
management equity holders of the Target (“Target Management”) to rollover a portion of their equity in
the Target into common equity of Holdings in an amount of up to $247 million, but in any event no less than $120.0 million (the
“Equity Rollover”);”.

 

(d)
Clause (b) of the fourth paragraph of Exhibit A to the Commitment Letter is hereby amended and restated in its
entirety as follows:

 

    2

     

    

 

“(i)
the SPAC will directly or indirectly make cash equity contributions from any funds remaining in the Trust Account (other than funds
that are necessary to effect the Buyer Stock Redemption) and common equity contributions to the SPAC from investors to Holdings
(which in turn will contribute such amounts as common equity to Acquisition Co.) in an aggregate amount of at least $10.0 million
(collectively, with such funds remaining in the Trust Account, the “SPAC Common Equity Contribution”)
and (ii) GSO Capital Partners LP (together with its affiliates and funds and accounts managed or advised by it, collectively, “GSO”)
and other investors will directly make preferred equity contributions (to the extent that the terms of such preferred equity are
reasonably acceptable to the Commitment Parties, the “Preferred Units”) to Holdings (which in turn will
contribute such amounts as common equity to Acquisition Co.) in an aggregate amount of up to $145.0 million and no less than $130.0
million (the “Preferred Equity Contribution” and, together with the SPAC Common Equity Contribution,
the “SPAC Equity Contribution”), which SPAC Equity Contribution (which, for the avoidance of doubt, does
not include any amounts held in the Trust Account to be used to effect the Buyer Stock Redemption (as defined in the Acquisition
Agreement)), when combined with the Founder Share Value and the Equity Rollover, will on a pro forma basis constitute an aggregate
amount equal to at least 45.0% of the sum of (A) the aggregate gross proceeds of the First Lien Term Facility borrowed on the Closing
Date plus (B) the SPAC Equity Contribution actually contributed to or received by Holdings (and then to Acquisition Co.)
plus (C) the Founder Share Value plus (D) the Equity Rollover (such equity amount, the “Minimum Equity
Amount”) (it being understood that, for the avoidance of doubt, (i) the SPAC Equity Contribution is in addition to
the Founder Share Value and the Equity Rollover and (ii) the SPAC Common Equity Contribution will be made with proceeds initially
received by the SPAC from its initial public equity offering as well as any additional cash equity raised by the SPAC after August
12, 2019 to fund the Acquisition and the Refinancing and to pay the Transaction Costs (as defined below));”.

 

(e) Clause
(d) of the fourth paragraph of Exhibit A to the Commitment Letter is hereby amended by deleting “and” immediately
before “(iv)” and inserting immediately thereafter “to pay for the acquisition of Long Engineering, Inc. (the
“Long Engineering Acquisition”) in the amount of $10.5 million within ten business days after the Closing
Date and (v)”.

 

(f) The
fifth paragraph of Exhibit A to the Commitment Letter is hereby amended and restated in its entirety as follows:

 

“For
the purposes hereof and of the Term Sheets, the “SPAC Equity Adjustment Mechanism” shall mean:

 

(a) to the
extent that the SPAC Common Equity Contribution is greater than $10.0 million, the amount of the Equity Rollover shall be reduced
(and the cash portion of the Acquisition consideration shall be increased) on a dollar-for-dollar basis until the amount of Equity
Rollover received by the Sellers is equal to $120.0 million; and

 

(b) to the
extent that there remains any amount of SPAC Common Equity Contribution after reducing the Equity Rollover in accordance with clause
(a) above, you shall (i) reduce the Preferred Equity Contribution until the amount of Preferred Equity Contribution received by
the Sellers to $130.0 million or (ii) reduce the amount of the Commitment Parties’ aggregate commitments in respect of the
First Lien Term Facility or (iii) reduce a combination of both the Preferred Equity Contribution (but in any event, not below $130.0
million) and the First Lien Term Facility, in each case of the foregoing clauses (i), (ii) and (iii), on a dollar-for-dollar basis.”

 

(g) Clause
(1) of the section entitled “First Lien Incremental Facilities” in Exhibit B to the Commitment Letter is hereby
amended by changing the amount “$62.0 million” to “$73.0 million”.

 

    3

     

    

 

(h) The
first paragraph of the section entitled “Purpose/Use of Proceeds” in Exhibit B to the Commitment Letter is hereby
amended and restated in its entirety as follows:

 

“First
Lien Term Facility: Proceeds of the First Lien Term Facility, together with the proceeds of the SPAC Equity Contribution, will
be used to fund (i) the Transactions, (ii) the Transaction Costs and (iii) the Long Engineering Acquisition in the amount of $10.5
million within ten business days after the Closing Date.”

 

(i) The
first paragraph of the section entitled “Interest Rate” in Exhibit B to the Commitment Letter is hereby amended
by changing (x) the percentage “4.25%” to “4.75%” and (y) the percentage “3.25%” to “3.75%”.

 

(j) The
first paragraph of the section entitled “Mandatory Prepayments” in Exhibit B to the Commitment Letter is hereby
amended by adding the following new clause 4. after the end thereof:

 

“4.
Long Engineering Acquisition. Prepayment in the amount of $10.5 million if the Long Engineering Acquisition has not been
consummated within ten business days after the Closing Date, with such prepayment to be made on the eleventh business day after
the Closing Date.”

 

(k) The
subsection entitled “B. Affirmative Covenants” of the section entitled “Covenants” in Exhibit B
to the Commitment Letter is hereby amended by inserting after “notices of default, material adverse effect and certain other
material events” the following:

 

“promptly
after furnishing thereof, copies of any material written notices received by any Credit Party or Restricted Subsidiary thereof
or any material statements or reports furnished to any holder (or any agent, trustee or other representative thereof) of any material
indebtedness or the Preferred Units, in each case, to the extent not otherwise required to be furnished to the First Lien Administrative
Agent or the First Lien Lenders pursuant to the First Lien Credit Documents”.

 

(l) The
subsection entitled “B. Affirmative Covenants” of the section entitled “Covenants” in Exhibit B
to the Commitment Letter is hereby amended by inserting after “use of proceeds” the following:

 

“(including,
on the Closing Date, the Borrower depositing $10.5 million of proceeds of the First Lien Term Loans into a restricted account of
the Borrower to be held therein solely to finance the Long Engineering Acquisition or, if same is not consummated within 10 business
days after the Closing Date, prepaying the First Lien Term Loans as otherwise required above in this Term Sheet)”.

 

    4

     

    

 

(m) Clause
(ix) of the subsection entitled “C. Negative Covenants” of the section entitled “Covenants” in Exhibit
B to the Commitment Letter is hereby amended by inserting the following at the end of the parenthetical thereof:

 

“and
payment of any fees or other amounts to the holders of any Preferred Units (or any of their affiliates) in connection with any
amendment, modification, waiver, consent or other change to the terms of the Preferred Units (which fees or other amounts also
will be treated as a Restricted Payment)”.

 

(n) Clause
(F) of the subsection entitled “C. Negative Covenants” of the section entitled “Covenants” in Exhibit
B to the Commitment Letter is hereby amended as follows:

 

		a.	Clause v. is amended by deleting the word “and” at the end thereof;

 

		b.	Clause vi. is amended and restated in its entirety as follows:

 

“vi.
so long as no default or event of default then exists or would result therefrom, a general Restricted Payment basket equal to
an aggregate amount not to exceed the greater of (x) $15.0 million and (y) 20.5% of Adjusted EBITDA; and”; and

 

		c.	The following is added as a new clause vii.:

 

“vii.
quarterly cash dividend payments on the Preferred Units in an aggregate amount not to exceed 5.00% per annum so long as (i) no
event of default or payment or bankruptcy default then exists or would result therefrom and (ii) Holdings shall be in pro forma
compliance with a Consolidated Total Net Leverage Ratio that is no greater than 4.50x.”

 

(o) Clause
(a)(i) of the definition of “Available Amount Basket” in the subsection entitled “C. Negative Covenants”
of the section entitled “Covenants” in Exhibit B to the Commitment Letter is hereby amended and restated as
follows:

 

“(i)
the greater of (A) $10.0 million or (B) 12.5% of Adjusted EBITDA for the most recently ended four quarter period for which financial
statements have been (or were required to have been) delivered to the First Lien Administrative Agent, plus”.

 

(p) The
section entitled “Events of Default” in Exhibit B to the Commitment Letter is hereby amended by adding after
“cross-default and cross-acceleration to other indebtedness;” appearing therein “a breach of any of the “protective
provisions” set forth in Holdings’ Limited Liability Agreement or any other provision therein that would result in
a requirement for Holdings to redeem the Preferred Units notwithstanding any limitations set forth in the First Lien Credit Documents;”.

 

(q) The
section entitled “Assignments and Participations” in Exhibit B to the Commitment Letter is hereby amended by
adding the following new paragraph after the end thereof:

 

“Notwithstanding
anything to the contrary contained herein, the aggregate principal amount of First Lien Term Loans and Incremental First Lien Term
Loans and commitments under the Revolving Facility and any Incremental Revolving Facility held by GSO shall not exceed at any time
20% of the aggregate principal amount of First Lien Term Loans and Incremental First Lien Term Loans and commitments under the
Revolving Facility and any Incremental Revolving Facility then outstanding.”

 

    5

     

    

 

(r) Paragraph
2 of Exhibit D to the Commitment Letter is hereby amended and restated as follows:

 

“Substantially
concurrently with the initial fundings contemplated by the Commitment Letter, (a) Holdings and Acquisition Co. shall have received
(x) the SPAC Equity Contribution in the aggregate amount of at least $155.0 million and (y) the Minimum Equity Amount (of which
(A) at least $155.0 million will consist of the SPAC Equity Contribution referred to in the foregoing clause (x) and (B) no more
than $145.0 million shall consist of the Preferred Equity Contribution), (b) the Equity Rollover shall have occurred and (c) the
Refinancing shall have occurred (with all applicable related liens and guarantees to be released and terminated or customary provisions
therefor made).”

 

(s) The
first proviso in paragraph 3 of Exhibit D to the Commitment Letter is hereby amended and restated as follows:

 

“provided
that (i) any decrease in the purchase price shall not be deemed to be materially adverse to the interests of the Lenders or the
Lead Arrangers if such decrease is allocated, first, to reduce the SPAC Equity Contribution to an amount not less than the
greater of (x) the Minimum Equity Amount and (y) $155.0 million and, thereafter, as a reduction to the First Lien Term Facility,
on a dollar-for-dollar basis and (ii) any increase in the purchase price shall not be deemed to be materially adverse to the Lenders
or the Lead Arrangers if such increase is funded solely by an increase in the SPAC Equity Contribution;”.

 

3. Counterparts; Conflict; Governing
Law.

 

This Amendment may
be executed in any number of counterparts, each of which shall be an original and all of which, when taken together, shall constitute
one agreement. Delivery of an executed counterpart of a signature page of this Amendment by facsimile transmission or by “.pdf”
or similar electronic transmission shall be effective as delivery of a manually executed counterpart hereof. Section headings used
herein are for convenience of reference only, are not part of this Amendment and are not to affect the construction of, or to be
taken into consideration in interpreting, this Amendment. This Amendment constitutes an amendment to the Commitment Letter, which
shall remain in full force and effect as amended hereby. Except as expressly set forth herein, nothing contained in this Amendment
shall constitute a modification or waiver of any other provision of the Commitment Letter. From and after the date hereof, any
reference to the Commitment Letter in any agreement, document, undertaking or course of dealing (verbal or otherwise) shall be
deemed to be a reference to the Commitment Letter as amended hereby. The Commitment Letter, as amended by this Amendment, contains
the entire agreement of the parties hereto relating to the subject matter hereof and thereof and supersede any prior negotiations
or agreements, whether oral or written, among the parties hereto relative to such subject matter. The governing law provisions
contained in Section 10 of the Commitment Letter are incorporated herein by reference, mutatis mutandis; provided,
that all references therein to “this Commitment Letter” shall be deemed to refer to this Amendment.

 

    6

     

    

 

4. Waiver of Jury Trial.

 

EACH OF THE PARTIES
HERETO IRREVOCABLY WAIVES THE RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING, CLAIM OR COUNTERCLAIM (WHETHER BASED UPON CONTRACT,
TORT OR OTHERWISE) BROUGHT BY OR ON BEHALF OF ANY PARTY RELATED TO OR ARISING OUT OF THE ACQUISITION, THIS AMENDMENT, THE COMMITMENT
LETTER OR THE PERFORMANCE BY YOU OR ANY OF YOUR AFFILIATES OF THE SERVICES HEREUNDER OR THEREUNDER.

 

 5. Jurisdiction.

 

The jurisdiction provisions
contained in Section 10 of the Commitment Letter are incorporated herein by reference, mutatis mutandis; provided,
that all references therein to “this Commitment Letter” shall be deemed to refer to this Amendment.

 

 6. Indemnity

 

The indemnity provisions
contained in Section 7 of the Commitment Letter are incorporated herein by reference, mutatis mutandis; as if all references
therein to “this Commitment Letter” shall be deemed to also include this Amendment.

 

 7. Confidentiality.

 

The confidentiality
provisions contained in Section 9 of the Commitment Letter are incorporated herein by reference, mutatis mutandis; provided,
that all references therein to “this Commitment Letter” shall be deemed to refer to this Amendment.

 

[Remainder of page
intentionally left blank]

 

    7

     

    

 

	 	Very truly yours,
	 	 
	 	BOXWOOD MERGER CORP.
	 	 	 
	 	By:	/s/ Stephen M. Kadenacy
	 	 	Name: Stephen M. Kadenacy
	 	 	Title:    Chief Executive Officer

 

[Signature Page to Amendment No. 1 to Commitment
Letter] 

 

     

     

    

 

Accepted and agreed to as of the date first above written:

 

	 	MACQUARIE CAPITAL FUNDING LLC
	 	 	 	 
	 	By:	/s/ Ayesha Farooqi
	 	 	Name:	Ayesha Farooqi
	 	 	Title:	Authorized Signatory
	 	 	 	 
	 	By:	/s/ Lisa Grushkin
	 	 	Name:	Lisa Grushkin
	 	 	Title: 	Authorized Signatory
	 	 	 	 
	 	MACQUARIE CAPITAL (USA) INC.
	 	 	 	 
	 	By:	/s/ Ayesha Farooqi
	 	 	Name:	Ayesha Farooqi
	 	 	Title:	Authorized Signatory
	 	 	 	 
	 	By:	/s/ Lisa Grushkin
	 	 	Name:	Lisa Grushkin
	 	 	Title:	Authorized Signatory
	 	 	 	 
	 	NATIXIS, NEW YORK BRANCH
	 	 	 	 
	 	By:	/s/ Christopher Dorsett
	 	 	Name:	Christopher Dorsett
	 	 	Title:	Managing Director
	 	 	 	 
	 	By:	/s/ Robin Gruner
	 	 	Name:	Robin Gruner
	 	 	Title:	Vice President

 

[Signature Page to Amendment No. 1 to Commitment
Letter]

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