Document:

Exhibit 10.2 

   

  REGISTRATION RIGHTS AGREEMENT

   

  This REGISTRATION RIGHTS AGREEMENT (this “Agreement”),
      dated as of September 23, 2022, is by and between B. Riley Principal Capital II, LLC, a Delaware limited liability company (the “Investor”), and Iris Energy Limited (ACN 629 842 799), a corporation existing under the laws of Australia
      (the “Company”).

   

  RECITALS

   

  A.           The Company and the Investor have entered into that certain
      Ordinary Share Purchase Agreement, dated as of the date hereof (the “Purchase Agreement”), pursuant to which the Company may issue, from time to time, to the Investor up to $100,000,000 in aggregate gross purchase price of newly issued
      ordinary shares of the Company, with no par value (the “Ordinary Shares”).

   

  B.           Pursuant to the terms of, and in consideration for the
      Investor entering into, the Purchase Agreement, the Company shall cause to be issued to the Investor the Commitment Shares in accordance with the terms of the Purchase Agreement.

   

  C.           Pursuant to the terms of, and in consideration for the
      Investor entering into, the Purchase Agreement, and to induce the Investor to execute and deliver the Purchase Agreement, the Company has agreed to provide the Investor with certain registration rights with respect to the Registrable Securities (as
      defined herein) as set forth herein.

   

  AGREEMENT

   

  NOW, THEREFORE, in consideration of the representations,
      warranties, covenants and agreements contained herein and in the Purchase Agreement, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, intending to be legally bound hereby, the Company and the
      Investor hereby agree as follows:

   

  	1.	Definitions.

   

  Capitalized terms used herein and not otherwise defined herein shall
      have the respective meanings set forth in the Purchase Agreement. As used in this Agreement, the following terms shall have the following meanings:

   

  (a)           “Agreement” shall have the meaning assigned
      to such term in the preamble of this Agreement.

   

  (b)           “Allowable Grace Period” shall have the
      meaning assigned to such term in Section 3(m).

   

  (c)           “Business Day” means any day other than
      Saturday, Sunday or any other day on which commercial banks in New York, New York or Sydney, Australia are authorized or required by law to remain closed.

   

  (d)           “Claims” shall have the meaning assigned to
      such term in Section 6(a).

   

  
     

    
      
 

  

   

  (e)           “Commission” means the U.S. Securities and
      Exchange Commission or any successor entity.

   

  (f)           “Company” shall have the meaning assigned to
      such term in the preamble of this Agreement.

   

  (g)           “Company Party” shall have the meaning
      assigned to such term in Section 6(b).

   

  (h)           “Effective Date” means the date that the
      applicable Registration Statement has been declared effective by the Commission.

   

  (i)            “Effectiveness Deadline” means (i) with
      respect to the Initial Registration Statement required to be filed to pursuant to Section 2(a), the earlier of (A) the ninetieth (90th) calendar day immediately after
      the Filing Deadline with respect to the Initial Registration Statement, if the Initial Registration Statement is subject to review by the Commission, and (B) if the Company is notified (orally or in writing) by the Commission that the Initial
      Registration Statement will not be reviewed by the Commission, the fifth (5th) calendar day after the date the Company is notified (orally or in writing, whichever is
      earlier) by the Commission that the Initial Registration Statement will not be reviewed by the Commission, and (ii) with respect to any New Registration Statements that may be required to be filed by the Company pursuant to this Agreement, the
      earlier of (A) the ninetieth (90th) calendar day immediately after the Filing Deadline with respect to such New Registration Statement, if such New Registration
      Statement is subject to review by the Commission, and (B) if the Company is notified (orally or in writing) by the Commission that such New Registration Statement will not be reviewed by the Commission, the fifth (5th) calendar day after the date the Company is notified (orally or in writing, whichever is earlier) by the Commission that such New Registration Statement will not be reviewed by the Commission.

   

  (j)            “Filing Deadline” means (i) with respect to
      the Initial Registration Statement required to be filed to pursuant to Section 2(a), the fifteenth (15th) Business Day after the date of this Agreement and (ii) with
      respect to any New Registration Statements that may be required to be filed by the Company pursuant to this Agreement, the thirtieth (30th) Business Day following the
      sale of all of the Registrable Securities included in the Initial Registration Statement or the most recent prior New Registration Statement, as applicable, or such other date as permitted by the Commission.

   

  (k)           “Indemnified Damages” shall have the meaning
      assigned to such term in Section 6(a).

   

  (l)            “Initial Registration Statement” shall have
      the meaning assigned to such term in Section 2(a).

   

  (m)          “Investor” shall have the meaning assigned to
      such term in the preamble of this Agreement.

   

  (n)           “Investor Information” shall mean (a) the
      information set forth on Exhibit B hereto, and (b) any other information furnished by the Investor to the Company in writing expressly for use in the Registration Statement, the Prospectus, any Prospectus Supplement or any amendment or
      supplement thereto including, without limitation, any such information furnished by the Investor to the Company in writing in connection with any request made pursuant to Section 2(j) hereof.

   

  
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  (o)           “Investor Party” and “Investor Parties”
      shall have the meaning assigned to such terms in Section 6(a).

   

  (p)           “Legal Counsel” shall have the meaning
      assigned to such term in Section 2(b).

   

  (q)           “New Registration Statement” shall have the
      meaning assigned to such term in Section 2(c).

   

  (r)            “Ordinary Shares” shall have the meaning
      assigned to such term in the recitals to this Agreement.

   

  (s)           “Person” means any person or entity, whether
      a natural person, trustee, corporation, partnership, limited partnership, limited liability company, trust, unincorporated organization, business association, firm, joint venture, governmental agency or authority.

   

  (t)            “Prospectus” means the prospectus in the
      form included in the Registration Statement at the applicable Effective Date of the Registration Statement, as supplemented from time to time by any Prospectus Supplement, including the documents incorporated by reference therein.

   

  (u)           “Prospectus Supplement” means any prospectus
      supplement to the Prospectus filed with the Commission from time to time pursuant to Rule 424(b) under the Securities Act, including the documents incorporated by reference therein.

   

  (v)           “Purchase Agreement” shall have the meaning
      assigned to such term in the recitals to this Agreement.

   

  (w)          “register,” “registered,” and “registration”
      refer to a registration effected by preparing and filing one or more Registration Statements in compliance with the Securities Act and pursuant to Rule 415 and the declaration of effectiveness of such Registration Statement(s) by the Commission.

   

  (x)           “Registrable Securities” means all of (i)
      the Shares, (ii) the Commitment Shares, and (iii) capital stock of the Company issued or issuable with respect to such Shares or Commitment Shares, including (1) as a result of any stock split, stock dividend, recapitalization, exchange or similar
      event or otherwise and (2) shares of capital stock of the Company into which the Ordinary Shares are converted or exchanged and shares of capital stock of a successor entity into which the Ordinary Shares are converted or exchanged, in each case
      until such time as such securities cease to be Registrable Securities pursuant to Section 2(f).

   

  (y)           “Registration Period” shall have the meaning
      assigned to such term in Section 3(a).

   

  (z)           “Registration Statement” means a
      registration statement or registration statements of the Company filed under the Securities Act covering the resale by the Investor of Registrable Securities, as such registration statement or registration statements may be amended and supplemented
      from time to time, including all documents filed as part thereof or incorporated by reference therein.

   

  
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  (aa)         “Rule 144” means Rule 144 promulgated by the
      Commission under the Securities Act, as such rule may be amended from time to time, or any other similar or successor rule or regulation of the Commission that may at any time permit the Investor to sell securities of the Company to the public
      without registration.

   

  (bb)        “Rule 415” means Rule 415 promulgated by the
      Commission under the Securities Act, as such rule may be amended from time to time, or any other similar or successor rule or regulation of the Commission providing for offering securities on a delayed or continuous basis.

   

  (cc)         “Staff” shall have the meaning assigned to
      such term in Section 2(c).

   

  (dd)        “Violations” shall have the meaning assigned
      to such term in Section 6(a).

   

  	2.	Registration.

   

  (a)            Mandatory Registration. The Company shall prepare
      and, as soon as practicable, but in no event later than the Filing Deadline, file with the Commission a Registration Statement on Form F-1 (or any successor form) covering the resale by the Investor of (i) all of the Commitment Shares and (ii) the
      maximum number of additional Registrable Securities as shall be permitted to be included thereon in accordance with applicable Commission rules, regulations and interpretations so as to permit the resale of such Registrable Securities by the Investor
      under Rule 415 under the Securities Act at then prevailing market prices (and not fixed prices) (the “Initial Registration Statement”). The Initial Registration Statement shall contain the “Selling Holder” and “Plan of Distribution
      (Conflicts of Interest)” sections in substantially the form attached hereto as Exhibit A. The Company shall use its commercially reasonable efforts to have the Initial Registration Statement declared effective by the Commission by the
      applicable Effectiveness Deadline.

   

  (b)           Legal Counsel. Subject to Section 5 hereof, the
      Investor shall have the right to select one legal counsel to review, solely on its behalf, any Registration Statement pursuant to this Section 2 (“Legal Counsel”), which shall be Duane Morris LLP, or such other counsel as thereafter
      designated by the Investor. Except as provided under Section 10.1(i) of the Purchase Agreement, the Company shall have no obligation to reimburse the Investor for any expenses, including any and all legal fees and expenses of the Legal Counsel,
      incurred in connection with the transactions contemplated hereby.

   

  (c)            Sufficient Number of Shares Registered. If at any
      time all Registrable Securities are not covered by the Initial Registration Statement filed pursuant to Section 2(a) as a result of Section 2(e) or otherwise, the Company shall use its commercially reasonable efforts to file with the Commission one
      or more additional Registration Statements so as to cover all of the Registrable Securities not covered by the Initial Registration Statement, in each case, as soon as reasonably practicable (taking into account any position of the staff of the
      Commission (“Staff”) with respect to the date on which the Staff will permit such additional Registration Statement(s) to be filed with the Commission and the rules and regulations of the Commission) (each such additional Registration
      Statement, a “New Registration Statement”), but in no event later than the applicable Filing Deadline for such New Registration Statement(s). The Company shall use its commercially reasonable efforts to cause each such New Registration
      Statement to become effective by the applicable Effectiveness Deadline.

   

  
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  (d)           No Inclusion of Other Securities. In no event shall
      the Company include any securities other than Registrable Securities on any Registration Statement pursuant to Section 2(a) or Section 2(c) without consulting the Investor and Legal Counsel prior to filing such Registration Statement with the
      Commission.

   

  (e)           Offering. If the Staff or the Commission seeks to
      characterize any offering pursuant to a Registration Statement filed pursuant to this Agreement as constituting an offering of securities that does not permit such Registration Statement to become effective and be used for resales by the Investor on
      a delayed or continuous basis under Rule 415 at then-prevailing market prices (and not fixed prices), or if after the filing of any Registration Statement pursuant to Section 2(a) or Section 2(c), the Company is otherwise required by the Staff or the
      Commission to reduce the number of Registrable Securities included in such Registration Statement, then the Company shall reduce the number of Registrable Securities to be included in such Registration Statement (after consultation with the Investor
      and Legal Counsel as to the specific Registrable Securities to be removed therefrom) until such time as the Staff and the Commission shall so permit such Registration Statement to become effective and be used as aforesaid. Notwithstanding anything in
      this Agreement to the contrary, if after giving effect to the actions referred to in the immediately preceding sentence, the Staff or the Commission does not permit such Registration Statement to become effective and be used for resales by the
      Investor on a delayed or continuous basis under Rule 415 at then-prevailing market prices (and not fixed prices), the Company shall not request acceleration of the Effective Date of such Registration Statement, the Company shall promptly (but in no
      event later than 48 hours) request the withdrawal of such Registration Statement pursuant to Rule 477 under the Securities Act, and the Effectiveness Deadline shall automatically be deemed to have elapsed with respect to such Registration Statement
      at such time as the Staff or the Commission has made a final and non-appealable determination that the Commission will not permit such Registration Statement to be so utilized (unless prior to such time the Company has received assurances from the
      Staff or the Commission that a New Registration Statement filed by the Company with the Commission promptly thereafter may be so utilized). In the event of any reduction in Registrable Securities pursuant to this paragraph, the Company shall use its
      commercially reasonable efforts to file one or more New Registration Statements with the Commission in accordance with Section 2(c) until such time as either (i) all Registrable Securities have been included in Registration Statements that have been
      declared effective and the Prospectuses contained therein are available for use by the Investor, or (ii) the Purchase Agreement has been terminated and all Registrable Securities issued or sold by the Company to the Investor pursuant to the Purchase
      Agreement prior to such termination have been included in Registration Statements that have been declared effective and Prospectuses contained therein are available for use by the Investor.

   

  (f)           Any Registrable Security shall cease to be a “Registrable
      Security” at the earliest of the following: (i) when a Registration Statement covering such Registrable Security becomes or has been declared effective by the Commission and such Registrable Security has been sold or disposed of pursuant to such
      effective Registration Statement; and (ii) the date that is the earlier of (A) the first (1st) anniversary of the effective date of termination of the Purchase Agreement
      in accordance with Article VIII of the Purchase Agreement and (B) the first (1st) anniversary of the date of the sale of such Registrable Securities by the Company to
      the Investor pursuant to the Purchase Agreement.

   

  
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  (g)          In the event that the Company is eligible to register the
      resale by the Investor of all of the Registrable Securities on a Registration Statement on Form F-3 (or any successor form), the Company may elect to file such a Registration Statement on Form F-3 (or any successor form) covering the resale by the
      Investor of all of the Registrable Securities to replace the Initial Registration Statement or any New Registration Statement on Form F-1 (or any successor form) or file a post-effective amendment to convert the Initial Registration Statement or any
      New Registration Statement to a Registration Statement on Form F-3.

   

  	3.	Related Obligations.

   

  The Company shall use its commercially reasonable efforts to effect the
      registration of the Registrable Securities in accordance with the terms hereof, and during the term of this Agreement, the Company shall have the following obligations:

   

  (a)          Subject to Allowable Grace Periods, the Company shall keep
      each Registration Statement effective (and the Prospectus contained therein available for use) pursuant to Rule 415 for resales by the Investor on a continuous basis at then-prevailing market prices (and not fixed prices) at all times until the
      earlier of (i) the date on which the Investor shall have sold all of the Registrable Securities covered by such Registration Statement and (ii) the date of termination of the Purchase Agreement if, as of such termination date, either (A) no
      Registrable Securities have been issued or sold to the Investor pursuant to the Purchase Agreement or (B) the Investor otherwise holds no Registrable Securities (or, if the Investor holds any Registrable Securities as of such termination date, the
      first date following such termination date on which such securities cease to be Registrable Securities) (the “Registration Period”). The Company shall submit to the Commission, as soon as commercially reasonable after the date that the
      Company learns that no review of a particular Registration Statement will be made by the Staff or that the Staff has no further comments on a particular Registration Statement (as the case may be), a request for acceleration of effectiveness of such
      Registration Statement to a time and date as soon as reasonably practicable in accordance with Rule 461 under the Securities Act.

   

  
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  (b)          Subject to Section 3(m) of this Agreement, the Company
      shall use its commercially reasonable efforts to prepare and file with the Commission such amendments (including, without limitation, post-effective amendments) and supplements to each Registration Statement and the Prospectus used in connection with
      each such Registration Statement, which Prospectus is to be filed pursuant to Rule 424 promulgated under the Securities Act, as may be necessary to keep each such Registration Statement effective (and the Prospectus contained therein current and
      available for use) at all times during the Registration Period for such Registration Statement, and, during such period, comply with the provisions of the Securities Act with respect to the disposition of all Registrable Securities of the Company
      required to be covered by such Registration Statement until such time as all of such Registrable Securities shall have been disposed of by the Investor. Without limiting the generality of the foregoing, the Company covenants and agrees that at or
      before 5:30 p.m. (New York City time) on the second (2nd) Trading Day immediately following the Effective Date of the Initial Registration Statement and any New
      Registration Statement (or any post-effective amendment thereto), the Company shall file with the Commission in accordance with Rule 424(b) under the Securities Act the final Prospectus to be used in connection with sales pursuant to such
      Registration Statement (or post-effective amendment thereto). To the extent not previously disclosed in the Prospectus or a Prospectus Supplement, the Company shall disclose in its Annual Reports on Form 20-F the information described in the
      immediately preceding sentence relating to all VWAP Purchase(s) and all Intraday VWAP Purchase(s) (as applicable) effected and settled during the relevant fiscal year and shall file such Annual Reports on Form 20-F with the Commission within the
      applicable time period prescribed for such report under the Exchange Act. In the case of amendments and supplements to any Registration Statement on Form F-1 or Prospectus related thereto which are required to be filed pursuant to this Agreement
      (including, without limitation, pursuant to this Section 3(b)) by reason of the Company filing a report on Form 20-F or any analogous report under the Exchange Act, the Company shall have incorporated such report (or the applicable portion thereof)
      by reference into such Registration Statement and Prospectus, if applicable, or shall promptly file such amendments or supplements to the Registration Statement or Prospectus with the Commission, for the purpose of including or incorporating such
      report (or applicable portion thereof) into such Registration Statement and Prospectus. The Company consents to the use of the Prospectus (including, without limitation, any supplement thereto) included in each Registration Statement in accordance
      with the provisions of the Securities Act and with the securities or “Blue Sky” laws of the jurisdictions in which the Registrable Securities may be sold by the Investor, in connection with the resale of the Registrable Securities and for such period
      of time thereafter as such Prospectus (including, without limitation, any supplement thereto) (or in lieu thereof, the notice referred to in Rule 173(a) under the Securities Act) is required by the Securities Act to be delivered in connection with
      resales of Registrable Securities.

   

  (c)          The Company shall permit Legal Counsel an opportunity to
      review and comment upon (i) each Registration Statement at least two (2) Business Days prior to its filing with the Commission (it being understood that such notice period has been satisfied in respect of the Initial Registration Statement) and (ii)
      all amendments and supplements to each Registration Statement (including, without limitation, the Prospectus contained therein) (except for Annual Reports on Form 20-F, Reports on Form 6-K, and any similar or successor reports or Prospectus
      Supplements the contents of which is limited to that set forth in such reports) within a reasonable number of days prior to their filing with the Commission. The Company shall promptly furnish to Legal Counsel, without charge, (i) electronic copies
      of any correspondence from the Commission or the Staff to the Company or its representatives relating to each Registration Statement (which correspondence shall be redacted to exclude any material, non-public information regarding the Company or any
      of its Subsidiaries), (ii) after the same is prepared and filed with the Commission, one (1) electronic copy of each Registration Statement and any amendment(s) and supplement(s) thereto, including, without limitation, financial statements and
      schedules, all documents incorporated therein by reference, if requested by the Investor, and all exhibits and (iii) upon the effectiveness of each Registration Statement, one (1) electronic copy of the Prospectus included in such Registration
      Statement and all amendments and supplements thereto; provided, however, the Company shall not be required to furnish any document (other than the Prospectus, which may be provided in PDF format) to Legal Counsel to the extent such
      document is available on EDGAR.

   

  
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  (d)          The Company shall use its commercially reasonable efforts
      to qualify the resale by the Investor of the Registrable Securities covered by a Registration Statement under the securities or Blue Sky laws of such jurisdictions as the Investor shall reasonably request and will continue such qualifications in
      effect so long as required for distribution of the Registrable Securities; provided that the Company shall not be required to (i) qualify as a foreign corporation or other entity or as a dealer in securities in any such jurisdiction where it would
      not otherwise be required to so qualify, (ii) file any general consent to service of process in any such jurisdiction or (iii) subject itself to taxation in any such jurisdiction if it is not otherwise so subject.

   

  (e)           The Company shall notify Legal Counsel and the Investor in
      writing of the happening of any event, as promptly as reasonably practicable after becoming aware of such event, as a result of which the Prospectus included in a Registration Statement, as then in effect, includes an untrue statement of a material
      fact or omits to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading (provided that in no event shall such notice contain any
      material, non-public information regarding the Company or any of its Subsidiaries), and, subject to Section 3(m), promptly prepare a supplement or amendment to such Registration Statement and such Prospectus contained therein to correct such untrue
      statement of a material fact or omission of a material fact and deliver one (1) electronic copy of such supplement or amendment to Legal Counsel and the Investor (or such other number of copies as Legal Counsel or the Investor may reasonably
      request). The Company shall also promptly notify Legal Counsel and the Investor in writing (i) when a Prospectus or any Prospectus Supplement or post-effective amendment has been filed, when a Registration Statement or any post-effective amendment
      has become effective (notification of such effectiveness shall be delivered to Legal Counsel and the Investor by facsimile or e-mail on the same day of such effectiveness), and when the Company receives written notice from the Commission that a
      Registration Statement or any post-effective amendment will be reviewed by the Commission, (ii) of any request by the Commission for amendments or supplements to a Registration Statement or related Prospectus or related information, (iii) of the
      Company’s reasonable determination that a post-effective amendment to a Registration Statement would be appropriate and (iv) of the receipt of any request by the Commission or any other federal or state governmental authority for any additional
      information relating to the Registration Statement or any amendment or supplement thereto or any related Prospectus. The Company shall respond as promptly as reasonably practicable to any comments received from the Commission with respect to a
      Registration Statement or any amendment thereto. Nothing in this Section 3(e) shall limit any obligation of the Company under the Purchase Agreement.

   

  (f)           The Company shall (i) use its commercially reasonable
      efforts to prevent the issuance of any stop order or other suspension of effectiveness of a Registration Statement or the use of any Prospectus contained therein, or the suspension of the qualification, or the loss of an exemption from qualification,
      of any of the Registrable Securities for sale in any jurisdiction and, if such an order or suspension is issued, to obtain the withdrawal of such order or suspension at the earliest possible time and (ii) notify Legal Counsel and the Investor of the
      issuance of such order and the resolution thereof or its receipt of actual notice of the initiation or threat of any proceeding.

   

  
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  (g)          The Company shall hold in confidence and not make any
      disclosure of information concerning the Investor provided to the Company (other than disclosures to its Subsidiaries, and to its and its Subsidiaries’ financial, accounting, legal and other advisors, agents, officers and employees, each, on a
      “need-to-know” basis; provided that the Company directs such Persons to maintain the confidentiality of such information) unless (i) disclosure of such information is necessary or advisable to comply with federal or state securities laws, any
      other applicable law or any applicable stock exchange listing rules, (ii) the disclosure of such information is necessary to avoid or correct a misstatement or omission in any Registration Statement or is otherwise required to be disclosed in such
      Registration Statement pursuant to the Securities Act, (iii) the release of such information is ordered pursuant to a subpoena or other final, non-appealable order from a court or governmental body of competent jurisdiction, or (iv) such information
      has been made generally available to the public other than by disclosure in violation of this Agreement or any other Transaction Document. The Company agrees that it shall, upon learning that disclosure of such information concerning the Investor is
      sought in or by a court or governmental body of competent jurisdiction or through other means, give prompt written notice to the Investor and allow the Investor, at the Investor’s expense, to undertake appropriate action to prevent disclosure of, or
      to obtain a protective order for, such information.

   

  (h)          Without limiting any obligation of the Company under the
      Purchase Agreement, the Company shall use its commercially reasonable efforts either to (i) cause all of the Registrable Securities covered by each Registration Statement to be listed on the Trading Market, or (ii) secure designation and quotation of
      all of the Registrable Securities covered by each Registration Statement on another Eligible Market. The Company shall pay all fees and expenses it incurs in connection with satisfying its obligation under this Section 3(h).

   

  (i)            The Company shall cooperate with the Investor and, to the
      extent applicable, facilitate the timely preparation and delivery of Registrable Securities, as DWAC Shares, to be offered pursuant to a Registration Statement and enable such DWAC Shares to be in such denominations or amounts (as the case may be) as
      the Investor may reasonably request from time to time and registered in such names as the Investor may request. Investor hereby agrees that it shall cooperate with the Company, its counsel and its transfer agent in connection with any issuances of
      DWAC Shares, and hereby represents, warrants and covenants to the Company that that it will resell such DWAC Shares only pursuant to the Registration Statement in which such DWAC Shares are included, in a manner described under the caption “Plan of
      Distribution” in such Registration Statement, and in a manner in compliance with all applicable U.S. federal and state securities laws, rules and regulations, including, without limitation, any applicable prospectus delivery requirements of the
      Securities Act. At the time such DWAC Shares are offered and sold pursuant to the Registration Statement, such DWAC Shares shall be free from all restrictive legends and may be transmitted by the Company’s transfer agent to the Investor by crediting
      an account at DTC as directed in writing by the Investor.

   

  (j)           Upon the written request of the Investor, the Company
      shall as soon as reasonably practicable after receipt of notice from the Investor and subject to Section 3(m) hereof, (i) incorporate in a Prospectus Supplement or post-effective amendment such information as the Investor reasonably requests to be
      included therein relating to the sale and distribution of Registrable Securities, including, without limitation, information with respect to the number of Registrable Securities being offered or sold, the purchase price being paid therefor and any
      other terms of the offering of the Registrable Securities to be sold in such offering; (ii) make all required filings of such Prospectus Supplement or post-effective amendment after being notified of the matters to be incorporated in such Prospectus
      Supplement or post-effective amendment; and (iii) supplement or make amendments to any Registration Statement or Prospectus contained therein if reasonably requested by the Investor.

   

  
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  (k)           The Company shall make generally available to its security
      holders (which may be satisfied by making such information available on EDGAR) as soon as reasonably practical, an earnings statement (in form complying with, and in the manner provided by, the provisions of Rule 158 under the Securities Act)
      covering a twelve-month period beginning not later than the first day of the Company’s fiscal quarter next following the applicable Effective Date of each Registration Statement.

   

  (l)           The Company shall otherwise use its commercially
      reasonable efforts to comply with all applicable rules and regulations of the Commission in connection with any registration hereunder.

   

  (m)         Notwithstanding anything to the contrary contained herein
      (but subject to the last sentence of this Section 3(m)), at any time after the Effective Date of a particular Registration Statement, the Company may, upon written notice to Investor, suspend Investor’s use of any prospectus that is a part of any
      Registration Statement (in which event the Investor shall discontinue sales of the Registrable Securities pursuant to such Registration Statement contemplated by this Agreement, but shall settle any previously made sales of Registrable Securities) if
      the Company (x) is pursuing an acquisition, merger, tender offer, reorganization, disposition, material financing arrangement or other similar transaction and the Company determines in good faith that (A) the Company’s ability to pursue or consummate
      such a transaction would be materially adversely affected by any required disclosure of such transaction in such Registration Statement or other registration statement or (B) such transaction renders the Company unable to comply with Commission
      requirements, in each case under circumstances that would make it impractical or inadvisable to cause any Registration Statement (or such filings) to be used by Investor or to promptly amend or supplement any Registration Statement contemplated by
      this Agreement on a post-effective basis, as applicable, or (y) has experienced or may experience some other material non-public event the disclosure of which at such time, in the good faith judgment of the Company, would materially adversely affect
      the Company (each, an “Allowable Grace Period”). If the Company exercises its rights under this Section 3(m), the Investor agrees to suspend, immediately upon their receipt of the notice referred to above, their use of the Prospectus in
      connection with any sale, transfer or other disposition of Registrable Securities by the Investor pursuant to such Registration Statement; provided, however, that in no event shall the Investor be suspended from selling Registrable
      Securities pursuant to any Registration Statement for a period that exceeds forty-five (45) consecutive Trading Days or an aggregate of ninety (90) Trading Days in any 365-day period; and provided, further, the Company shall use its
      commercially reasonable efforts not to effect any such suspension during (A) the first ten (10) consecutive Trading Days after the Effective Date of the particular Registration Statement or (B) the three-Trading Day period commencing on the Purchase
      Date for each VWAP Purchase and for each Intraday VWAP Purchase (as applicable). Upon disclosure of such information or the termination of the condition described above, the Company shall provide prompt notice, but in any event within one Business
      Day of such disclosure or termination, to the Investor and shall promptly terminate any suspension of sales it has put into effect and shall take such other reasonable actions to permit registered sales of Registrable Securities as contemplated in
      this Agreement (including as set forth in the first sentence of Section 3(e) with respect to the information giving rise thereto unless such material, non-public information is no longer applicable). Notwithstanding anything to the contrary contained
      in this Section 3(m), the Company shall cause its transfer agent to deliver DWAC Shares to a transferee of the Investor in accordance with the terms of the Purchase Agreement in connection with any sale of Registrable Securities with respect to which
      (i) the Company has made a sale to Investor and (ii) the Investor has entered into a contract for sale, and delivered a copy of the Prospectus included as part of the particular Registration Statement to the extent applicable, in each case prior to
      the Investor’s receipt of the notice of an Allowable Grace Period and for which the Investor has not yet settled.

   

  
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  	4.	Obligations of the Investor.

   

  (a)           At least five (5) Business Days prior to the first
      anticipated filing date of each Registration Statement (or such shorter period to which the parties agree), the Company shall notify the Investor in writing of the information the Company requires from the Investor with respect to such Registration
      Statement. It shall be a condition precedent to the obligations of the Company to complete the registration pursuant to this Agreement with respect to the Registrable Securities of the Investor that the Investor shall furnish to the Company such
      information regarding itself, the Registrable Securities held by it and the intended method of disposition of the Registrable Securities held by it, as shall be reasonably required to effect and maintain the effectiveness of the registration of such
      Registrable Securities and shall execute such documents in connection with such registration as the Company may reasonably request.

   

  (b)          The Investor, by its acceptance of the Registrable
      Securities, agrees to cooperate with the Company as reasonably requested by the Company in connection with the preparation and filing of each Registration Statement hereunder, unless the Investor has notified the Company in writing of the Investor’s
      election to exclude all of the Investor’s Registrable Securities from such Registration Statement.

   

  (c)           The Investor agrees that, upon receipt of any notice from
      the Company of the happening of any event of the kind described in Section 3(m), the first sentence of Section 3(e) or Section 3(f), the Investor shall immediately discontinue disposition of Registrable Securities pursuant to any Registration
      Statement(s) covering such Registrable Securities until the Investor’s receipt of the copies of the supplemented or amended Prospectus contemplated by Section 3(m), the first sentence of Section 3(e) or Section 3(f) or receipt of notice that no
      supplement or amendment is required. Notwithstanding anything to the contrary in this Section 4(c), the Company shall cause its transfer agent to deliver DWAC Shares to a transferee of the Investor in accordance with the terms of the Purchase
      Agreement in connection with any sale of Registrable Securities with respect to which the Investor has entered into a contract for sale prior to the Investor’s receipt of a notice from the Company of the happening of any event of the kind described
      in Section 3(m), the first sentence of Section 3(e) or Section 3(f) and for which the Investor has not yet settled.

   

  (d)          The Investor covenants and agrees that it shall comply with
      the prospectus delivery and other requirements of the Securities Act as applicable to it in connection with sales of Registrable Securities pursuant to a Registration Statement.

   

  
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  	5.	Expenses of Registration.

   

  Each party shall bear its own fees and expenses related to the
      transactions contemplated by this Agreement. For the avoidance of doubt, the Company shall pay for all registration, listing and qualification fees, printers and accounting fees, and fees and disbursements of counsel for the Company; and the Investor
      shall pay any sales or brokerage commissions and fees and disbursements of counsel for, and other expenses of, the Investor incurred in connection with the registrations, filings or qualifications pursuant to Section 2 and 3, and all U.S. federal,
      state and local stamp and other similar transfer and other taxes and duties levied in connection with the sale of the Securities pursuant hereto.

   

  	6.	Indemnification.

   

  (a)           In the event any Registrable Securities are included in
      any Registration Statement under this Agreement, to the fullest extent permitted by law, the Company will, and hereby does, indemnify, hold harmless and defend the Investor, each of its directors, officers, shareholders, members, partners, employees,
      agents, advisors, representatives (and any other Persons with a functionally equivalent role of a Person holding such titles notwithstanding the lack of such title or any other title) and each Person, if any, who controls the Investor within the
      meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act and each of the directors, officers, shareholders, members, partners, employees, agents, advisors, representatives (and any other Persons with a functionally equivalent
      role of a Person holding such titles notwithstanding the lack of such title or any other title) of such controlling Persons (each, an “Investor Party” and collectively, the “Investor Parties”), against any losses,
      obligations, claims, damages, liabilities, contingencies, judgments, fines, penalties, charges, costs (including, without limitation, court costs, reasonable documented attorneys’ fees, reasonable costs of defense and investigation but excluding any
      consequential damages or lost profits sought), amounts paid in settlement or other reasonable documented expenses, joint or several, (collectively, “Claims”) reasonably incurred in investigating, preparing or defending any action,
      claim, suit, inquiry, proceeding, investigation or appeal taken from the foregoing by or before any court or governmental, administrative or other regulatory agency, body or the Commission, whether pending or threatened, whether or not an Investor
      Party is or may be a party thereto (“Indemnified Damages”), to which any of them may become subject insofar as such Claims (or actions or proceedings, whether commenced or threatened, in respect thereof) arise out of or are based upon:
      (i) any untrue statement (or alleged untrue statement) of a material fact in a Registration Statement or any post-effective amendment thereto or in any filing made in connection with the qualification of the offering under the securities or other
      “Blue Sky” laws of any jurisdiction in which Registrable Securities are offered (“Blue Sky Filing”), or the omission (or alleged omission) to state a material fact required to be stated therein or necessary to make the statements therein not
      misleading or (ii) any untrue statement (or alleged untrue statement) of a material fact contained in any Prospectus (as amended or supplemented) or in any Prospectus Supplement or the omission (or alleged omission) to state therein any material fact
      necessary to make the statements made therein, in light of the circumstances under which the statements therein were made, not misleading (the matters in the foregoing clauses (i) and (ii) being, collectively, “Violations”). Subject to
      Section 6(e), the Company shall reimburse the Investor Parties, promptly as such expenses are incurred and are due and payable, for any reasonable, documented legal fees or other reasonable expenses incurred by them in connection with investigating
      or defending any such Claim. Notwithstanding anything to the contrary contained herein, the indemnification agreement contained in this Section 6(a): (i) shall not apply to a Claim by an Investor Party arising out of or based upon a Violation which
      occurs in reliance upon and in conformity with information furnished in writing to the Company by such Investor Party for such Investor Party expressly for use in connection with the preparation of such Registration Statement, Prospectus or
      Prospectus Supplement or any such amendment thereof or supplement thereto (it being hereby acknowledged and agreed that the Investor Information is the only written information furnished to the Company by or on behalf of the Investor expressly for
      use in any Registration Statement, Prospectus or Prospectus Supplement); (ii) shall not be available to the Investor for any special, indirect or consequential damages incurred by the Investor or any Investor Party, (ii) shall not be available to the
      Investor to the extent such Claim is based on a failure of the Investor to deliver or to cause to be delivered the Prospectus (as amended or supplemented) made available by the Company (to the extent applicable), including, without limitation, a
      corrected Prospectus, if such Prospectus (as amended or supplemented) or corrected Prospectus was timely made available by the Company and then only if, and to the extent that, following the receipt of the corrected Prospectus no grounds for such
      Claim would have existed; and (iii) shall not apply to amounts paid in settlement of any Claim if such settlement is effected without the prior written consent of the Company, which consent shall not be unreasonably withheld or delayed. Such
      indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of the Investor Party and shall survive the transfer of any of the Registrable Securities by the Investor pursuant to Section 9.

   

  
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  (b)          In connection with any Registration Statement in which the
      Investor is participating, the Investor agrees to severally and not jointly indemnify, hold harmless and defend, to the same extent and in the same manner as is set forth in Section 6(a), the Company, each of its directors, each of its officers who
      signs the Registration Statement and each Person, if any, who controls the Company within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act (each, a “Company Party”), against any Claim or Indemnified
      Damages to which any of them may become subject, under the Securities Act, the Exchange Act or otherwise, insofar as such Claim or Indemnified Damages arise out of or are based upon any Violation, in each case, to the extent, and only to the extent,
      that such Violation occurs in reliance upon and in conformity with written information relating to the Investor furnished to the Company by the Investor expressly for use in connection with such Registration Statement, the Prospectus included therein
      or any Prospectus Supplement thereto (it being hereby acknowledged and agreed that the Investor Information is the only written information furnished to the Company by or on behalf of the Investor expressly for use in any Registration Statement,
      Prospectus or Prospectus Supplement); and, subject to the below provisos in this Section 6(b), the Investor shall reimburse a Company Party, promptly as such expenses are incurred and are due and payable, any legal or other expenses reasonably
      incurred by such Company Party in connection with investigating or defending any such Claim; provided, however, the indemnity agreement contained in this Section 6(b) and the agreement with respect to contribution contained in Section
      7 shall not apply to amounts paid in settlement of any Claim if such settlement is effected without the prior written consent of the Investor, which consent shall not be unreasonably withheld or delayed; and provided, further that the
      Investor shall be liable under this Section 6(b) for only that amount of a Claim or Indemnified Damages as does not exceed the net proceeds to the Investor as a result of the applicable sale of Registrable Securities pursuant to such Registration
      Statement, Prospectus or Prospectus Supplement. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of such Company Party and shall survive the transfer of any of the Registrable Securities by the
      Investor pursuant to Section 9.

   

  
    13 

    
      
 

  

   

  (c)           Promptly after receipt by an Investor Party or Company
      Party (as the case may be) under this Section 6 of notice of the commencement of any action or proceeding (including, without limitation, any governmental action or proceeding) involving a Claim, such Investor Party or Company Party (as the case may
      be) shall, if a Claim in respect thereof is to be made against any indemnifying party under this Section 6, deliver to the indemnifying party a written notice of the commencement thereof, and the indemnifying party shall have the right to participate
      in, and, to the extent the indemnifying party so desires, jointly with any other indemnifying party similarly noticed, to assume control of the defense thereof with counsel mutually satisfactory to the indemnifying party and the Investor Party or the
      Company Party (as the case may be); provided, however, an Investor Party or Company Party (as the case may be) shall have the right to retain its own counsel with the reasonable, documented fees and expenses of such counsel to be paid
      by the indemnifying party if: (i) the indemnifying party has agreed in writing to pay such fees and expenses; (ii) the indemnifying party shall have failed promptly to assume the defense of such Claim and to employ counsel reasonably satisfactory to
      such Investor Party or Company Party (as the case may be) in any such Claim; or (iii) the named parties to any such Claim (including, without limitation, any impleaded parties) include both such Investor Party or Company Party (as the case may be)
      and the indemnifying party, and such Investor Party or such Company Party (as the case may be) shall have been advised by counsel that a conflict of interest is likely to exist if the same counsel were to represent such Investor Party or such Company
      Party (as the case may be) and the indemnifying party (in which case, if such Investor Party or such Company Party (as the case may be) notifies the indemnifying party in writing that it elects to employ separate counsel at the expense of the
      indemnifying party, then the indemnifying party shall not have the right to assume the defense thereof on behalf of the indemnified party and such counsel shall be at the expense of the indemnifying party, provided further that in the
      case of clause (iii) above the indemnifying party shall not be responsible for the reasonable fees and expenses of more than one (1) separate legal counsel for all Investor Parties or Company Parties (as the case may be). No indemnifying party shall
      be liable for any settlement of any action, claim or proceeding effected without its prior written consent; provided, however, the indemnifying party shall not unreasonably withhold, delay or condition its consent. No indemnifying
      party shall, without the prior written consent of the Company Party or Investor Party (as the case may be), consent to entry of any judgment or enter into any settlement or other compromise which does not include as an unconditional term thereof the
      giving by the claimant or plaintiff to such Company Party or Investor Party (as the case may be) of a release from all liability in respect to such Claim or litigation, and such settlement shall not include any admission as to fault on the part of
      the Company Party. For the avoidance of doubt, the immediately preceding sentence shall apply to Sections 6(a) and 6(b) hereof. Following indemnification as provided for hereunder, the indemnifying party shall be subrogated to all rights of the
      Company Party or Investor Party (as the case may be) with respect to all third parties, firms or corporations relating to the matter for which indemnification has been made. The failure to deliver written notice to the indemnifying party within a
      reasonable time of the commencement of any such action shall not relieve such indemnifying party of any liability to the Investor Party or Company Party (as the case may be) under this Section 6, except to the extent that the indemnifying party is
      materially and adversely prejudiced in its ability to defend such action.

   

  
    14 

    
      
 

  

   

  (d)          No Person involved in the sale of Registrable Securities
      who is guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) in connection with such sale shall be entitled to indemnification from any Person involved in such sale of Registrable Securities who is not
      guilty of fraudulent misrepresentation.

   

  (e)          The indemnification required by this Section 6 shall be
      made by periodic payments of the amount thereof during the course of the investigation or defense, as and when bills are received or Indemnified Damages are incurred; provided that any Person receiving any payment pursuant to this Section 6 shall
      promptly reimburse the Person making such payment for the amount of such payment to the extent a court of competent jurisdiction determines that such Person receiving such payment was not entitled to such payment.

   

  (f)           The indemnity and contribution agreements contained herein
      shall be in addition to (i) any cause of action or similar right of the Company Party or Investor Party against the indemnifying party or others, and (ii) any liabilities the indemnifying party may be subject to pursuant to the law.

   

  	7.	Contribution.

   

  To the extent any indemnification by an indemnifying party is prohibited
      or limited by law, the indemnifying party agrees to make the maximum contribution with respect to any amounts for which it would otherwise be liable under Section 6 to the fullest extent permitted by law; provided, however: (i) no
      contribution shall be made by the indemnifying party under circumstances where it would not have been liable for indemnification under the fault standards set forth in Section 6 of this Agreement, (ii) no Person involved in the sale of Registrable
      Securities which Person is guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) in connection with such sale shall be entitled to contribution from any Person involved in such sale of Registrable
      Securities who was not guilty of fraudulent misrepresentation; and (iii) contribution by any seller of Registrable Securities shall be limited in amount to the amount of net proceeds received by such seller from the applicable sale of such
      Registrable Securities pursuant to such Registration Statement. Notwithstanding the provisions of this Section 7, the Investor shall not be required to contribute, in the aggregate, any amount in excess of the amount by which the net proceeds
      actually received by the Investor from the applicable sale of the Registrable Securities subject to the Claim exceeds the amount of any damages that the Investor has otherwise been required to pay, or would otherwise be required to pay under Section
      6(b), by reason of such untrue or alleged untrue statement or omission or alleged omission.

   

  	8.	Reports Under the Exchange Act.

   

  With a view to making available to the Investor the benefits of Rule
      144, the Company agrees to:

   

  (a)           use its commercially reasonable efforts to make and keep
      public information available, as those terms are understood and defined in Rule 144;

   

  (b)          use its commercially reasonable efforts to file with the
      Commission in a timely manner all reports and other documents required of the Company under the Securities Act and the Exchange Act so long as the Company remains subject to such requirements (it being understood that nothing herein shall limit any
      of the Company’s obligations under the Purchase Agreement) and the filing of such reports and other documents is required for the applicable provisions of Rule 144;

   

  
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  (c)          furnish to the Investor so long as the Investor owns
      Registrable Securities a copy of the most recent annual or quarterly report of the Company and such other reports and documents so filed by the Company with the Commission if such reports are not publicly available via EDGAR, and such other
      information as may be reasonably requested to permit the Investor to sell such securities in compliance with Rule 144 without registration; and

   

  (d)          subject to applicable law, take such additional action as
      is reasonably requested by the Investor to enable the Investor to sell the Registrable Securities in compliance with Rule 144, including, without limitation, delivering all such legal opinions, consents, certificates, resolutions and instructions to
      the Company’s transfer agent as may be reasonably requested from time to time by the Investor and otherwise fully cooperate with Investor and Investor’s broker to effect such sale of securities in compliance with Rule 144.

   

  	9.	Assignment of Registration Rights.

   

  Neither the Company nor the Investor shall assign this Agreement or any
      of their respective rights or obligations hereunder; provided that any transaction, whether by merger, reorganization, restructuring, consolidation, financing or otherwise, whereby the Company remains the surviving entity immediately after
      such transaction shall not be deemed an assignment.

   

  	10.	Amendment or Waiver.

   

  No provision of this Agreement may be (i) amended other than by a
      written instrument signed by both parties hereto or (ii) waived other than in a written instrument signed by the party against whom enforcement of such waiver is sought. Failure of any party to exercise any right or remedy under this Agreement or
      otherwise, or delay by a party in exercising such right or remedy, shall not operate as a waiver thereof.

   

  	11.	Miscellaneous.

   

  (a)          Solely for purposes of this Agreement, a Person is deemed
      to be a holder of Registrable Securities whenever such Person owns or is deemed to own of record such Registrable Securities. If the Company receives conflicting instructions, notices or elections from two or more Persons with respect to the same
      Registrable Securities, the Company shall act upon the basis of instructions, notice or election received from such record owner of such Registrable Securities.

   

  (b)          Any notices, consents, waivers or other communications
      required or permitted to be given under the terms of this Agreement shall be given in accordance with Section 10.5 of the Purchase Agreement.

   

  (c)           Failure of any party to exercise any right or remedy under
      this Agreement or otherwise, or delay by a party in exercising such right or remedy, shall not operate as a waiver thereof. The Company and the Investor acknowledge and agree that irreparable damage would 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 either party shall be entitled to an injunction or injunctions to prevent or cure breaches of the provisions of
      this Agreement by the other party and to enforce specifically the terms and provisions hereof (without the necessity of showing economic loss and without any bond or other security being required), this being in addition to any other remedy to which
      either party may be entitled by law or equity.

   

  
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  (d)          All questions concerning the construction, validity,
      enforcement and interpretation of this Agreement shall be governed by the internal laws of the State of New York, without giving effect to any law or rule (whether of the State of New York or any other jurisdictions) that would cause the application
      of the laws of any jurisdictions other than the State of New York. Each party hereby irrevocably submits to the exclusive jurisdiction of the federal courts sitting in The City of New York, Borough of Manhattan, for the adjudication of any dispute
      hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein, and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the
      jurisdiction of any such court, that such suit, action or proceeding is brought in an inconvenient forum or that the venue of such suit, action or proceeding is improper. Each party hereby irrevocably waives personal service of process and consents
      to process being served in any such suit, action or proceeding by mailing a copy thereof to such party at the address for such notices to it under this Agreement and agrees that such service shall constitute good and sufficient service of process and
      notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any manner permitted by law. If any provision of this Agreement shall be invalid or unenforceable in any jurisdiction, such invalidity or
      unenforceability shall not affect the validity or enforceability of the remainder of this Agreement in that jurisdiction or the validity or enforceability of any provision of this Agreement in any other jurisdiction. EACH PARTY HEREBY IRREVOCABLY
      WAIVES ANY RIGHT IT MAY HAVE TO, AND AGREES NOT TO REQUEST, A JURY TRIAL FOR THE ADJUDICATION OF ANY DISPUTE HEREUNDER OR IN CONNECTION HEREWITH OR ARISING OUT OF THIS AGREEMENT OR ANY TRANSACTION CONTEMPLATED HEREBY.

   

  (e)          The Transaction Documents set forth the entire agreement
      and understanding of the parties solely with respect to the subject matter thereof and supersedes all prior and contemporaneous agreements, negotiations and understandings between the parties, both oral and written, solely with respect to such
      matters. There are no promises, undertakings, representations or warranties by either party relative to subject matter hereof not expressly set forth in the Transaction Documents. Notwithstanding anything in this Agreement to the contrary and without
      implication that the contrary would otherwise be true, nothing contained in this Agreement shall limit, modify or affect in any manner whatsoever (i) the conditions precedent to a VWAP Purchase and an Intraday VWAP Purchase contained in Article VII
      of the Purchase Agreement or (ii) any of the Company’s obligations under the Purchase Agreement.

   

  (f)           This Agreement shall inure to the benefit of and be
      binding upon the parties hereto and their respective successors. This Agreement is not for the benefit of, nor may any provision hereof be enforced by, any Person, other than the parties hereto, their respective successors and the Persons referred to
      in Sections 6 and 7 hereof.

   

  (g)          The headings in this Agreement are for convenience of
      reference only and shall not limit or otherwise affect the meaning hereof. Unless the context clearly indicates otherwise, each pronoun herein shall be deemed to include the masculine, feminine, neuter, singular and plural forms thereof. The terms
      “including,” “includes,” “include” and words of like import shall be construed broadly as if followed by the words “without limitation.” The terms “herein,” “hereunder,” “hereof” and words of like import refer to this entire Agreement instead of just
      the provision in which they are found.

   

  
    17 

    
      
 

  

   

  (h)           This Agreement may be executed in two or more identical
      counterparts, all of which shall be considered one and the same agreement and shall become effective when counterparts have been signed by each party and delivered to the other party; provided that a facsimile signature or signature delivered by
      e-mail in a “.pdf” format data file, including any electronic signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com, www.echosign.adobe.com, etc., shall be considered due execution and shall be binding upon the signatory
      thereto with the same force and effect as if the signature were an original signature.

   

  (i)            Each party shall do and perform, or cause to be done and
      performed, all such further acts and things, and shall execute and deliver all such other agreements, certificates, instruments and documents as any other party may reasonably request in order to carry out the intent and accomplish the purposes of
      this Agreement and the consummation of the transactions contemplated hereby.

   

  (j)            The language used in this Agreement will be deemed to be
      the language chosen by the parties to express their mutual intent and no rules of strict construction will be applied against any party.

   

  12.          Termination. This Agreement shall terminate
      automatically on the last day of the Registration Period.

   

  [Signature Pages Follow]

   

  
    18 

    
      
 

  

   

  IN WITNESS WHEREOF, the Company and the Investor have caused
      their respective signature page to this Registration Rights Agreement to be duly executed as of the date first written above.

   

  

  	 	THE COMPANY:	 
	 	 	 	 
	 	Signed by IRIS ENERGY LIMITED (ACN 629 842 799) in accordance with section 127 of the Corporations Act 2001 (Cth):
	 	 	 	 
	 	By:	/s/ Daniel Roberts	 
	 	 	Name: Daniel Roberts	 
	 	 	Title: Director	 
	 	 	 	 
	 	By:	/s/ William Roberts	 
	 	 	Name: William Roberts	 
	 	 	Title: Director	 

   

  
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  	 	THE INVESTOR:	 
	 	 	 	 
	 	B. RILEY PRINCIPAL CAPITAL II, LLC	 
	 	 	 	 
	 	By:	/s/ Patrice McNicoll	 
	 	 	Name: Patrice McNicoll 	 
	 	 	Title: Authorized Signatory	 

   

  
    20 

    
      
 

  

   

  EXHIBIT A

   

  

   

  
     

    
      
 

  

   

  EXHIBIT BEX-10.1

 Exhibit 10.1 

Execution Version 

THIRD AMENDMENT TO SECOND AMENDED AND RESTATED 

CREDIT AGREEMENT 
 This
Third Amendment to Second Amended and Restated Credit Agreement (this “Third Amendment”) dated as of September 21, 2022 (the “Third Amendment Effective Date”), is among Sitio Royalties Operating
Partnership, LP, a Delaware limited partnership (the “Borrower”), each of the Guarantors, each of the Lenders party hereto, the Issuing Bank and Bank of America, N.A. (in its individual capacity, “Bank of
America”), as Administrative Agent (in such capacity, the “Administrative Agent”) for the Lenders. 

R E C I T A L S 

A.    The Borrower, the Administrative Agent, the Lenders, the Issuing Bank and the other parties thereto are parties to
that certain Second Amended and Restated Credit Agreement dated as of June 7, 2022 (as amended, supplemented or otherwise modified prior to the date hereof, the “Credit Agreement”), pursuant to which the Lenders and the
Issuing Bank have agreed to make extensions of credit to the Borrower for the purposes and subject to the terms and conditions set forth therein. 

B.    The Borrower intends, contemporaneously with the Third Amendment Effective Date, to enter into a Note Purchase
Agreement, by and among the Borrower, as issuer, the subsidiaries of the Borrower party thereto as guarantors, the holders from time to time party thereto and U.S. Bank Trust Company, National Association, as agent for the holders (such agreement,
as amended, restated, amended and restated, supplemented or otherwise modified from time to time, in each case, to the extent permitted by the Credit Agreement as amended hereby, the “2026 Senior Notes Note Purchase
Agreement”), pursuant to which the Borrower will issue senior unsecured notes (the “2026 Senior Notes”) in an aggregate principal amount of $450,000,000 the proceeds of which will be applied to refinance 100% of
the Bridge Loan Debt. 
 C.    In connection with the 2026 Senior Notes Note Purchase Agreement, the Borrower, the
Administrative Agent, the Issuing Bank and the Lenders party hereto have agreed to amend the Credit Agreement as provided herein, subject to the terms and conditions hereof. 

Section 1    NOW, THEREFORE, in consideration of the premises and the mutual covenants herein
contained, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 

Article I Defined Terms. Each capitalized term used herein and not otherwise defined herein has the meaning assigned to such term in
the Credit Agreement, as amended by this Third Amendment. Unless otherwise indicated, all section references in this Third Amendment refer to sections of the Credit Agreement. 

Article II Amendments to Credit Agreement.     In reliance on the representations, warranties, covenants and
agreements contained in this Third Amendment, and subject to the satisfaction (or waiver) of the conditions precedent set forth in Section 3 hereof, the Credit Agreement the Credit Agreement shall be amended effective as of
the Third Amendment Effective Date in the manner provided in this Section 2. 

 Section 2.01    Amendment of Credit
Agreement. The Credit Agreement (other than the signature pages, Annexes, Exhibits and Schedules thereto) is hereby amended to read in its entirety as set forth on Exhibit A attached hereto. 

Section 2.02    New Exhibit K to Credit Agreement. Exhibit K attached hereto is hereby
added as Exhibit K to the Credit Agreement, and Exhibit K attached hereto shall be deemed to be attached as Exhibit K to the Credit Agreement. 

Article III Conditions Precedent. The effectiveness of this Third Amendment is subject to the satisfaction of the following conditions
precedent: 
 4.1    Counterparts. The Administrative Agent shall have received counterparts of
this Third Amendment, duly executed by Borrower, the Administrative Agent and Lenders constituting the Required Lenders. 

4.2    Fees and Expenses. The Administrative Agent shall have received, substantially
contemporaneously with the Third Amendment Effective Date and the issuance of the 2026 Senior Notes pursuant to the 2026 Senior Notes Note Purchase Agreement but, in any event, no later than the first Business Day immediately following the Third
Amendment Effective Date, all fees and other amounts due and payable by the Borrower on or prior to the Third Amendment Effective Date including, without limitation, (a) payment of all fees in accordance with that certain fee letter dated
September 20, 2022, between the Borrower and the Administrative Agent and (b) reimbursement or payment of all documented out-of-pocket expenses required to be
reimbursed or paid by the Borrower under the Credit Agreement. 
 4.3    2026 Senior Notes Note
Purchase Agreement. All of the conditions precedent to the effectiveness of the 2026 Senior Notes Note Purchase Agreement shall have been satisfied or waived or will be satisfied or waived substantially contemporaneously with the effectiveness
of this Third Amendment but, in any event, no later than the first Business Day immediately following the Third Amendment Effective Date, in accordance with the 2026 Senior Notes Note Purchase Agreement. The Administrative Agent shall have received
executed copies of the 2026 Senior Notes Purchase Agreement, the Notes (as defined in the 2026 Senior Notes Note Purchase Agreement, if any, and any other 2026 Senior Notes Documents requested by the Administrative Agent, each certified as being
true and complete by a Responsible Officer of the Borrower. 
 4.4    Permitted Additional Debt.
The Administrative Agent shall have received a certificate of a Responsible Officer of the Borrower certifying that the 2026 Senior Notes and 2026 Senior Notes Guaranty comply with the requirements of Section 9.02(g) of the Credit Agreement, as
amended hereby. 
 4.5    Bridge Loan Debt Pay-Off. The
Administrative Agent shall have received a satisfactory pay-off letter for the Bridge Loan Debt (including, without limitation, 

 
evidence reasonably satisfactory to the Administrative Agent that all loans and other amounts owing under the Bridge Term Loan Agreement are being repaid in full and all commitments thereunder,
if any, are being terminated or cancelled, in each case, substantially contemporaneously with the Third Amendment Effective Date and the issuance of the 2026 Senior Notes pursuant to the 2026 Senior Notes Note Purchase Agreement but, in any event,
no later than the first Business Day immediately following the Third Amendment Effective Date). 

4.6    No Default or Borrowing Base Deficiency. After giving effect to this Third Amendment and any
Borrowing being made on the Third Amendment Effective Date, (a) no Default shall have occurred and be continuing, (b) no Borrowing Base Deficiency shall have occurred and (c) each of the representations and warranties of the Borrower
and the Guarantors set forth in the Credit Agreement, as amended hereby, and in the other Loan Documents shall be true and correct in all material respects (except to the extent any such representations and warranties are limited by materiality, in
which case, they shall be true and correct in all respects) on and as of the Third Amendment Effective Date. 

4.7    Other Documents. The Administrative Agent shall have received such other documents as the
Administrative Agent or counsel to the Administrative Agent may reasonably request. 
 Notwithstanding anything to the contrary set forth in
Section 12.02 of the Credit Agreement or otherwise, the Administrative Agent is hereby authorized and directed to declare this Third Amendment to be effective on the date that it receives the foregoing, to the reasonable satisfaction of the
Administrative Agent, or the waiver of such conditions as permitted hereby. Such declaration shall be final, conclusive and binding upon the Lenders and all other parties to the Credit Agreement, as amended hereby, for all purposes. 

Article IV Miscellaneous. 

4.1    Counterparts. This Third Amendment may be executed in counterparts (and by different parties
hereto on different counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract, and all parties need not execute the same counterpart. Delivery of an executed counterpart of a
signature page of this Third Amendment by telecopy, emailed .pdf, .tif or any other electronic means that reproduces an image of the actual executed signature page shall be effective as delivery of a manually executed counterpart of this Third
Amendment. The words “execution,” “signed,” “signature,” “delivery,” and words of like import in or relating to any document to be signed in connection with this Third Amendment and the transactions
contemplated hereby shall be deemed to include electronic signatures, deliveries or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature, physical
delivery thereof or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State
Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act. 

 4.2    Severability. Any provision of this Third
Amendment held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of
the remaining provisions hereof or thereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction. 

4.3    Confirmation and Effect. The provisions of the Credit Agreement (as amended by this Third
Amendment) shall remain in full force and effect in accordance with its terms following the effectiveness of this Third Amendment, and this Third Amendment shall not constitute a waiver of any provision of the Credit Agreement or any other Loan
Document. Each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein”, or words of like import shall mean and be a reference to the Credit Agreement as amended hereby, and each
reference to the Credit Agreement in any other document, instrument or agreement executed and/or delivered in connection with the Credit Agreement shall mean and be a reference to the Credit Agreement as amended hereby. 

4.4    Ratification and Affirmation of Loan Parties. Each of the Loan Parties hereby expressly
(a) acknowledges the terms of this Third Amendment, (b) ratifies and affirms its obligations under the Credit Agreement and the other Loan Documents to which it is a party, (c) acknowledges and renews its continued liability under the
Credit Agreement and the other Loan Documents to which it is a party, (d) represents and warrants to the Lenders and the Administrative Agent that each representation and warranty of such Loan Party contained in the Credit Agreement and the
other Loan Documents to which it is a party is true and correct in all material respects as of the date hereof and immediately after giving effect to this Third Amendment, except (i) to the extent any such representations and warranties are
expressly limited to an earlier date, in which case, on and as of the date hereof, such representations and warranties shall continue to be true and correct in all material respects as of such specified earlier date, and (ii) to the extent that
any such representation and warranty is expressly qualified by materiality or by reference to Material Adverse Effect, such representation and warranty (as so qualified) shall continue to be true and correct in all respects, (e) represents and
warrants to the Lenders and the Administrative Agent that the execution, delivery and performance by such Credit Party of this Third Amendment are within such Loan Party’s corporate, limited partnership or limited liability company powers (as
applicable), have been duly authorized by all necessary action and that this Third Amendment constitutes the valid and binding obligation of such Credit Party enforceable in accordance with its terms, except as the enforceability thereof may be
limited by bankruptcy, insolvency or similar laws affecting creditor’s rights generally, and (f) represents and warrants to the Lenders and the Administrative Agent that, immediately after giving effect to this Third Amendment, no Event of
Default exists. 
 4.5    Governing Law. This Third Amendment shall be governed by, and construed
in accordance with, the laws of the State of New York, and shall be subject to the provisions of Section 12.09(b) through (d) of the Credit Agreement, and such provisions shall apply to this Third Amendment mutatis mutandis. 

 4.6    ENTIRE AGREEMENT. THIS THIRD AMENDMENT,
THE CREDIT AGREEMENT AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS
AMONG THE PARTIES. 
 4.7    Successors and Assigns. The provisions of this Third Amendment shall
be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted by the Credit Agreement. 

[Remainder of this page intentionally left blank. Signature pages follow.] 

 IN WITNESS WHEREOF, the parties hereto have caused this Third Amendment to be executed by
their respective officers or other authorized signatory thereunto duly authorized, as of the date first written above. 
  

									
	BORROWER:	 		 	 SITIO ROYALTIES OPERATING PARTNERSHIP, LP

		 		 	By: Sitio Royalties GP, LLC, its general partner
					
		 		 	        	 	By:	 	 /s/ Carrie Osicka

		 		 		 	Name:	 	Carrie Osicka
		 		 		 	Title:	 	Chief Financial Officer
			
	GUARANTORS:	 		 	 KMF LAND, LLC
 DPM HOLDCO
LLC
 NOBLE EF GP LLC
 NOBLE MARCELLUS GP,
LLC
 NOBLE EF DLG GP LLC

				
		 		 	By:	 	 /s/ Carrie Osicka

		 		 	Name:	 	Carrie Osicka
		 		 	Title:	 	Chief Financial Officer
			
		 		 	 DGK ORRI COMPANY, L.P.
 By:
Sitio Royalties GP, LLC, its general partner

				
		 		 	By:	 	 /s/ Carrie Osicka

		 		 	Name:	 	Carrie Osicka
		 		 	Title:	 	Chief Financial Officer
			
		 		 	 NOBLE EF DLG LP
 By: Noble EF
DLG GP LLC, its general partner

				
		 		 	By:	 	 /s/ Carrie Osicka

		 		 	Name:	 	Carrie Osicka
		 		 	Title:	 	Chief Financial Officer
			
		 		 	 NOBLE EF LP
 By: Noble EF GP
LLC, its general partner

				
		 		 	By:	 	 /s/ Carrie Osicka

		 		 	Name:	 	Carrie Osicka
		 		 	Title:	 	Chief Financial Officer

									
		 		 	 NOBLE MARCELLUS LP
 By: Noble
Marcellus GP, LLC, its general partner

				
		 		 	By:	 	 /s/ Carrie Osicka

		 		 	Name:	 	Carrie Osicka
		 		 	Title:	 	Chief Financial Officer
			
		 		 	 VICKICRISTINA, L.P.
 By:
Sitio Royalties GP, LLC, its general partner

				
		 		 	By:	 	 /s/ Carrie Osicka

		 		 	Name:	 	Carrie Osicka
		 		 	Title:	 	Chief Financial Officer
			
		 		 	 FALCON EAGLE FORD, LP
 By:
Sitio Royalties GP, LLC, its general partner

				
		 		 	By:	 	 /s/ Carrie Osicka

		 		 	Name:	 	Carrie Osicka
		 		 	Title:	 	Chief Financial Officer

							
	ADMINISTRATIVE AGENT:	 		 	BANK OF AMERICA, N.A.,
		 		 	as Administrative Agent, Issuing Bank and Lender
				
		 		 	By:	 	 /s/ Kimberly Miller

		 		 	Name:	 	Kimberly Miller
		 		 	Title:	 	Director

 
					
		 	BARCLAYS BANK PLC,
as a Lender
		
	By:	 	 /s/ Craig Malloy

		 	Name:	 	Craig Malloy
		 	Title:	 	Director

 
					
		 	CAPITAL ONE, NATIONAL ASSOCIATION,
as a Lender
		
	By:	 	 /s/ David Lee Garza

		 	Name:	 	David Lee Garza
		 	Title:	 	Vice President

 
					
		 	FIFTH THIRD BANK, NATIONAL ASSOCIATION,
as a Lender
		
	By:	 	 /s/ Jonathan H. Lee

		 	Name:	 	Jonathan H. Lee
		 	Title:	 	Managing Director

 
					
		 	KEYBANK NATIONAL ASSOCIATION,
as a Lender
		
	By:	 	 /s/ Eric Appel

		 	Name:	 	Eric Appel
		 	Title:	 	Senior Vice President

 
					
		 	 CITIBANK, N.A.,
 as a
Lender

		
	By:	 	 /s/ Cliff Vaz

		 	Name:	 	Cliff Vaz
		 	Title:	 	Vice President

 
					
		 	 ROYAL BANK OF CANADA,
 as a
Lender

		
	By:	 	 /s/ Kristan Spivey

		 	Name:	 	Kristan Spivey
		 	Title:	 	Authorized Signatory

 
					
	 CREDIT SUISSE AG, New York Branch,

as a Lender

		
	By:	 	 /s/ Doreen Barr

		 	Name:	 	Doreen Barr
		 	Title:	 	Authorized Signatory
		
	By:	 	 /s/ Michael Wagner

		 	Name:	 	Michael Wagner
		 	Title:	 	Authorized Signatory

 
					
		 	COMERICA BANK,
		 	as a Lender
		
	By:	 	 /s/ William Goodrich

		 	Name:	 	William Goodrich
		 	Title:	 	Assistant Vice President

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