Document:

EX-10.2

 Exhibit 10.2 

Execution Version 

SUPPORT AGREEMENT 
 This
Support Agreement (this “Agreement”), dated as of July 6, 2020, is entered into by and between Vivint Solar, Inc., a Delaware corporation (“Company”), and Tiger Global Investments, L.P. and Tiger Global Long
Opportunities Master Fund, L.P. (collectively, the “Stockholder”). 
 RECITALS 

WHEREAS, concurrently herewith, the Company, Sunrun Inc., a Delaware corporation (“Parent”), and Viking Merger Sub, Inc., a
Delaware corporation and wholly owned subsidiary of Parent (“Merger Sub”), are entering into an Agreement and Plan of Merger dated as of the date hereof (as amended, supplemented, restated or otherwise modified from time to time,
the “Merger Agreement”; capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed to them in the Merger Agreement), pursuant to which (and subject to the terms and conditions set forth
therein) Merger Sub will merge with and into the Company, with the Company surviving the merger as a wholly owned subsidiary of Parent (the “Merger”); 

WHEREAS, as of the date hereof, the Stockholder is the record and a “beneficial owner” (as used within this Agreement, within the
meaning of Rule 13d-3 under the Securities Exchange Act of 1934, as amended (together with the rules and regulations promulgated thereunder, the “Exchange Act”)) of and is entitled to dispose
of and vote 29,773,257 shares of Parent Common Stock (the “Owned Shares”; the Owned Shares and any additional shares of Parent Securities (or any securities convertible into or exercisable or exchangeable for Parent Securities) in
which the Stockholder acquires record and beneficial ownership after the date hereof and up to and including the record date for the Parent Stockholders Meeting (including any additional record dates established for any postponements of such
meeting), including by purchase, as a result of a stock dividend or distribution, stock split, recapitalization, combination, reclassification, exchange or change of such shares, or upon exercise or conversion of any securities, the “Covered
Shares”); 
 WHEREAS, as a condition and inducement to the willingness of the Company to enter into the Merger Agreement, the
parties hereto are entering into this Agreement. 
 AGREEMENT 

NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and agreements herein contained, and intending to be legally bound
hereby, the parties hereto hereby agree as follows: 
 1. Agreement to Vote. Prior to the Termination Date (as defined herein), the
Stockholder, in its capacity as a stockholder of Parent, irrevocably and unconditionally agrees that, at any meeting of the stockholders of Parent (whether annual or special and whether or not an adjourned or postponed meeting, however called and
including any adjournment or postponement thereof, including the Parent Stockholders Meeting) and in connection with any written consent of stockholders of Parent or circumstances where the vote of Parent’s stockholders is sought, the
Stockholder shall, and shall cause any other holder of record of any of the Stockholder’s Covered Shares to: 

 (a) when such meeting is held, appear at such meeting or otherwise cause the
Stockholder’s Covered Shares to be counted as present thereat for the purpose of establishing a quorum; 
 (b) vote (or execute and
return an action by written consent), or cause to be voted at such meeting (or validly execute and return and cause such consent to be granted with respect to), all of the Stockholder’s Covered Shares owned as of the record date for such
meeting (or the date that any written consent is executed by the Stockholder) in favor of the issuance of shares of Parent Common Stock in connection with the Merger and any other matters necessary or presented or proposed for consummation of the
Merger and the other transactions contemplated by the Merger Agreement; and 
 (c) vote (or execute and return an action by written consent),
or cause to be voted at such meeting, or validly execute and return and cause such consent to be granted with respect to, all of the Stockholder’s Covered Shares (1) against any Parent Acquisition Proposal or any action which is a
component of any Parent Acquisition Proposal; and (2) against any other action that would reasonably be expected to (A) materially impede, interfere with, delay, postpone or adversely affect the Merger or any of the other transactions
contemplated by the Merger Agreement, (B) change the voting rights of any class of capital stock of Parent, (C) result in a breach of any covenant, representation or warranty or other obligation or agreement of Parent under the Merger
Agreement or otherwise prevent, impede, frustrate or nullify any provision of the Merger Agreement or (D) result in a breach of any covenant, representation or warranty or other obligation or agreement of the Stockholder contained in this
Agreement. 
 The obligations of the Stockholder specified in this Section 1 shall apply whether or not the Merger or any action
described above is recommended by the Board of Directors of Parent or the Board of Directors of Parent has effected a Parent Change of Recommendation. 

2. No Inconsistent Agreements. The Stockholder covenants and agrees that the Stockholder shall not, at any time prior to the Termination
Date, (i) enter into any voting agreement or arrangement or voting trust with respect to any of the Stockholder’s Covered Shares that is inconsistent with the Stockholder’s obligations pursuant to this Agreement, (ii) grant or
permit the grant of a proxy, power of attorney or other authorization or consent with respect to any of the Stockholder’s Covered Shares that is inconsistent with the Stockholder’s obligations pursuant to this Agreement, (iii) enter
into any Contract or other undertaking that is otherwise inconsistent with, or would interfere with, or prohibit or prevent it from satisfying, its obligations pursuant to this Agreement, (iv) take or permit to take any other action that would
in any way interfere with, or prohibit or prevent it from satisfying, its obligations pursuant to this Agreement or (v) knowingly approve or consent to any of the foregoing. Any action taken in violation of the foregoing sentence shall be null
and void and the Stockholder agrees that any such prohibited action may and shall be enjoined. 
 3. Termination. This Agreement shall
terminate upon the earliest of (i) the Effective Time, (ii) the termination of the Merger Agreement in accordance with its terms, (iii) the date of any modification, waiver or amendment to the Merger Agreement effected without the
Stockholder’s consent that increases the exchange ratio or changes the form of consideration payable to all of the stockholders of the Company pursuant to the terms of the Merger 

  
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Agreement as in effect on the date of this Agreement, (iv) fifteen months from the date hereof and (v) the time this Agreement is terminated upon the mutual written agreement of the
Company and the Stockholder (the earliest such date under clause (i), (ii), (iii), (iv) and (v) being referred to herein as the “Termination Date”); provided, that the provisions set forth in this Section 3,
Section 7 and Sections 10 to 22 shall survive the termination of this Agreement; provided further, nothing herein shall relieve any party hereto of any liability for damages resulting from Willful Breach or Actual Fraud prior to
such termination. 
 4. Representations and Warranties of the Stockholder. The Stockholder hereby represents and warrants to the
Company as to itself as follows: 
 (a) The Stockholder is a beneficial owner and the only record owner of, and has good,
valid and marketable title to, the Covered Shares, free and clear of Liens other than as created by this Agreement. As of the date hereof, other than the Owned Shares, the Stockholder does not own beneficially or of record any Parent Securities (or
any securities convertible into Parent Securities) or any interest therein. 
 (b) The Stockholder (i) except as
provided in this Agreement, has full voting power, full power of disposition and full power to issue instructions with respect to the matters set forth herein, in each case, with respect to the Stockholder’s Covered Shares, (ii) has not
entered into any voting agreement or arrangement or voting trust with respect to any of the Stockholder’s Covered Shares that is inconsistent with the Stockholder’s obligations pursuant to this Agreement, (iii) has not granted a
proxy, power of attorney or other authorization or consent with respect to any of the Stockholder’s Covered Shares that is inconsistent with the Stockholder’s obligations pursuant to this Agreement and (iv) has not entered into any
Contract or other undertaking that is otherwise inconsistent with, or would interfere with, or prohibit or prevent it from satisfying, its obligations pursuant to this Agreement. 

(c) The Stockholder (i) is a legal entity duly organized, validly existing and, to the extent such concept is applicable,
in good standing under the Laws of the jurisdiction of its organization, and (ii) has all requisite corporate or other power and authority and has taken all corporate or other action necessary in order to, execute, deliver and perform its
obligations under this Agreement and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Stockholder and, assuming this Agreement constitutes a legal, valid and binding obligation of the
other parties hereto, constitutes a valid and binding agreement of the Stockholder enforceable against the Stockholder in accordance with its terms, subject to the Bankruptcy and Equity Exceptions. 

(d) Other than the filings, notices and reports pursuant to, in compliance with or required to be made under the Exchange Act,
no filings, notices, reports, consents, registrations, approvals, permits, waivers, expirations of waiting periods or authorizations are required to be obtained by the Stockholder from, or to be given by the Stockholder to, or be made by the
Stockholder with, any Governmental Entity in connection with the execution, delivery and performance by the Stockholder of this Agreement. 

  
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 (e) The execution, delivery and performance of this Agreement by the
Stockholder does not and will not constitute or result in (i) a breach or violation of, or a default under, the limited liability company agreement or similar governing documents of the Stockholder, (ii) with or without notice, lapse of
time or both, a breach or violation of a termination (or right of termination) of or a default under, the loss of any benefit under, the creation, modification, cancellation or acceleration (or the right of modification, cancellation or
acceleration) of any obligations under or the creation of a Lien on any of the properties, rights or assets (including the Covered Shares) of the Stockholder pursuant to any Contract binding upon the Stockholder or, assuming (solely with respect to
performance of this Agreement and the transactions contemplated hereby), compliance with the matters referred to in Section 4(d), under any applicable Law, rule, regulation, order, judgment or decree to which the Stockholder is subject or
(iii) any change in the rights or obligations of any party under any Contract legally binding upon the Stockholder, except, in the case of clause (ii) or (iii) directly above, for any such breach, violation, termination, default, creation,
acceleration or change that would not, individually or in the aggregate, reasonably be expected to prevent or materially delay or impair the Stockholder’s ability to perform its obligations hereunder or to consummate the transactions
contemplated hereby, the consummation of the Merger or the other transactions contemplated by the Merger Agreement. 
 (f) As
of the date of this Agreement, there is no action pending against the Stockholder or, to the knowledge of the Stockholder, threatened against the Stockholder that questions the beneficial or record ownership of the Stockholder’s Owned Shares or
the validity of this Agreement, or that could reasonably be expected to prevent or materially delay the Stockholder’s ability to perform its obligations hereunder. 

(g) No broker, finder or investment banker is entitled to any brokerage, finder’s or other fee or commission from the
Company in connection with the transactions contemplated hereby based upon arrangements made by or on behalf of the Stockholder. 

(h) The Stockholder understands and acknowledges that the Company is entering into the Merger Agreement in reliance upon the
Stockholder’s execution and delivery of this Agreement and the representations, warranties, covenants and other agreements of the Stockholder contained herein. 

5. Certain Covenants of the Stockholder. Except in accordance with the terms of this Agreement, the Stockholder covenants and agrees as
follows: 
 (a) No Solicitation. Prior to the Termination Date, the Stockholder shall not, shall cause its
subsidiaries and its and its subsidiaries’ respective officers, members, directors, employees, accountants, financial and tax advisers, legal counsel and any other representatives engaged by the Stockholder or any of its Affiliates to assist
the Stockholder in connection with this Agreement, the Merger Agreement or the Merger (“Representatives”) not to, directly or indirectly, (i) initiate, solicit or knowingly encourage or facilitate any inquiries with respect to,
or the making of, or that could reasonably be expected to lead to, any Parent Acquisition Proposal, (ii) engage in any 

  
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negotiations or discussions with any Third Party concerning any Parent Acquisition Proposal, or provide access to its properties, books and records or any confidential or nonpublic information or
data to any Third Party relating to the Parent or any of its subsidiaries, any of the Parent Joint Ventures or the Stockholder, or have or participate in any discussions with any Third Party, in connection with any of the foregoing,
(iii) approve, authorize or enter into any term sheet, letter of intent, commitment, memorandum of understanding, agreement in principle, acquisition agreement, merger agreement or other agreement (whether written or oral, binding or
nonbinding) in connection with or relating to any Parent Acquisition Proposal (other than an Acceptable Confidentiality Agreement). The Stockholder also agrees that, immediately following the execution of this Agreement, it shall (and shall use
reasonable best efforts to cause each of its subsidiaries and its and their Representatives to) immediately (1) cease any solicitations, discussions or negotiations with any Third Party in connection with a Parent Acquisition Proposal or any
potential Parent Acquisition Proposal and (2) terminate each Third Party’s access to any physical or electronic data rooms relating to any potential Parent Acquisition Proposal. The Stockholder also agrees that following the execution of
this Agreement it will promptly request each Third Party that has prior to the date hereof executed a confidentiality agreement that is currently in effect in connection a Parent Acquisition Proposal or potential Parent Acquisition Proposal to
return or destroy all confidential information furnished to such Third Party by or on behalf of it or any of its subsidiaries prior to the date hereof. The Stockholder shall promptly notify the Company of the receipt of (A) any Parent
Acquisition Proposal after the execution of this Agreement, (B) any inquiry, proposal, offer or request for information with respect to, or that could reasonably be expected to result in, or lead to, a Parent Acquisition Proposal, or
(C) any discussions or negotiations sought to be initiated or continued with the Stockholder, Parent, any of its subsidiaries or its or their Representatives concerning a Parent Acquisition Proposal, which notice shall include a summary of the
material terms and conditions of any such proposal or offer regarding a Parent Acquisition Proposal, including any financial and other terms thereof, in each case including any modifications thereto. Notwithstanding anything in this Agreement to the
contrary, (x) the Stockholder (in its capacity as such) shall not be responsible for the actions of Parent or its Board of Directors (or any Committee thereof), any Affiliate of Parent (other than the Stockholder), or any officers, directors
(in their capacity as such), employees and Representatives of any of the foregoing (the “Parent Related Parties”), including with respect to any of the matters contemplated by this Section 5(a), (y) the Stockholder (in its
capacity as such) makes no representations or warranties with respect to the actions of any of the Parent Related Parties, and (z) any breach by Parent of its obligations under Section 6.2(a) of the Merger Agreement shall not be considered
a breach of this Section 5(a) (it being understood for the avoidance of doubt that the Stockholder shall remain responsible for any breach by it or its Representatives (other than any such Representative that is a Parent Related Party) of this
Section 5(a)). 

  
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 (b) Transfer of the Covered Shares. 

(i) Before the receipt of the Parent Requisite Vote, the Stockholder hereby agrees not to, directly or indirectly,
(i) sell, transfer, pledge, encumber, assign, hedge, swap, convert, gift-over or otherwise dispose of (including by sale, merger (including by conversion into securities or other consideration), by tendering into any tender or exchange offer,
by testamentary disposition, by liquidation or dissolution, by dividend or distribution, by operation of Law or otherwise), either voluntarily or involuntarily (collectively, “Transfer”), or enter into any Contract, option or other
agreement, arrangement or understanding with respect to the Transfer of any of the Stockholder’s Covered Shares or (ii) take any action that would make any representation or warranty of the Stockholder contained herein untrue or incorrect
or have the effect of preventing or disabling the Stockholder from performing its obligations under this Agreement, provided, however, that nothing herein shall prohibit a Transfer to an Affiliate of the Stockholder (any such Transfer
occurring before the receipt of the Parent Requisite Vote, a “Permitted Transfer”); provided, further, that any Permitted Transfer shall be permitted only if, as a precondition to such Transfer, the transferee agrees
in a writing, reasonably satisfactory in form and substance to the Company, to assume all of the obligations of the Stockholder under, and be bound by all of the terms of, this Agreement. For the avoidance of doubt, nothing in this Agreement will
restrict the Stockholder from Transferring any shares of Parent Common Stock following the conclusion of the Parent Stockholders Meeting duly convened therefor or at any adjournment or postponement thereof, in each case, at which a vote on the
issuance of Parent Common Stock in connection with the Merger was taken, regardless of the outcome of such vote. Any Transfer in violation of this Section 5(b) with respect to the Stockholder’s Covered Shares shall be null and void and the
Stockholder agrees that any such prohibited Transfer may and shall be enjoined. 
 (ii) In furtherance of this Agreement, the
Stockholder hereby authorizes Parent (and the Company to direct Parent), promptly after the date hereof, to enter, or cause its transfer agent to enter, a stop transfer order with respect to all of the Stockholder’s Covered Shares with respect
to any Transfer not permitted hereunder; provided Parent or its counsel further notifies Parent’s transfer agent to lift and vacate the stop transfer order with respect to the Covered Shares following the conclusion of the Parent Stockholders
Meeting duly convened therefor or at any adjournment or postponement thereof, in each case, at which a vote on the issuance of Parent Common Stock in connection with the Merger was taken, regardless of the outcome of such vote. 

(iii) In the event that the Stockholder intends to undertake a Permitted Transfer of any of the Stockholder’s Covered
Shares, the Stockholder shall provide notice thereof to the Company and, if the written agreement to be entered into by the transferee agreeing to be bound by this Agreement pursuant to Section 5(b) hereof is reasonably satisfactory to the
Company, shall authorize Parent to, or authorize Parent to instruct its transfer agent to, (i) lift any stop transfer order in respect of the Stockholder’s Covered Shares to be so Transferred in order to effect such Permitted Transfer and (ii) re-enter any stop transfer order in respect of the Stockholder’s Covered Shares to be so Transferred upon completion 

  
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of the Permitted Transfer; provided Parent or its counsel further notifies Parent’s transfer agent to lift and vacate the stop transfer order with respect to the Covered Shares following the
conclusion of the Parent Stockholders Meeting duly convened therefor or at any adjournment or postponement thereof, in each case, at which a vote on the issuance of Parent Common Stock in connection with the Merger was taken, regardless of the
outcome of such vote. 
 (c) Other Actions. The Stockholder hereby authorizes Parent to maintain a copy of this
Agreement at either the executive office or the registered office of Parent. 
 6. Further Assurances. From time to time, at the
Company’s request and without further consideration, the Stockholder shall execute and deliver such additional documents and take all such further action as may be reasonably necessary or reasonably requested to effect the actions and
consummate the transactions contemplated by this Agreement. The Stockholder further irrevocably and unconditionally agrees not to commence or participate in, and to take all actions necessary to opt out of any class in any class action with respect
to, any claim, derivative or otherwise, against the Company, Parent or any of their respective successors and assigns relating to the negotiation, execution or delivery of this Agreement, the Merger Agreement or the consummation of the transactions
contemplated hereby and thereby, including any action (i) challenging the validity of, or seeking to enjoin the operation of, any provision of the Merger Agreement or this Agreement or (ii) alleging breach of any fiduciary duty of any
Person in connection with the negotiation and entry into the Merger Agreement, this Agreement or the transactions contemplated hereby or thereby. 

7. Public Announcements; Disclosure. The Stockholder shall not, and shall cause its Representatives not to, directly or indirectly, make
any press release, public announcement or other public communication in respect of this Agreement or the Merger Agreement or any of the transactions contemplated hereby and thereby without the prior written consent of the Company, except as required
by applicable federal securities Laws; provided, that the foregoing limitations shall not apply following any Parent Change of Recommendation. The Stockholder hereby (i) authorizes Parent and the Company to publish and disclose in any
announcement or disclosure required by the SEC (including in the Joint Proxy Statement and the Registration Statement) the Stockholder’s identity and ownership of the Covered Shares, the nature of the Stockholder’s obligations under this
Agreement and any other information that Parent or the Company determines to be necessary in any SEC disclosure document and (ii) agrees as promptly as practicable to notify Parent and the Company of any required corrections with respect to any
written information supplied by the Stockholder specifically for use in any such disclosure document. 
 8. Changes in Capital Stock.
In the event of a stock split, stock dividend or distribution, or any change in Parent’s capital stock by reason of any split-up, reverse stock split, recapitalization, combination, reclassification,
exchange of shares or the like between the date of this Agreement and the Effective Time, the terms “Owned Shares” and “Covered Shares” shall be deemed to refer to and include such shares as well as all such stock dividends and
distributions and any securities into which or for which any or all of such shares may be changed or exchanged or which are received in such transaction. 

  
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 9. Amendment and Modification. This Agreement may not be amended, modified or
supplemented in any manner, whether by course of conduct or otherwise, except by an instrument in writing signed by the Company and the Stockholder. 

10. Waiver. No failure or delay by any party hereto exercising any right, power or privilege hereunder shall operate as a waiver thereof
nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The rights and remedies of the parties hereto hereunder are cumulative and are not exclusive of
any rights or remedies which they would otherwise have hereunder. Any agreement on the part of a party hereto to any such waiver shall be valid only if set forth in a written instrument executed and delivered by such party. 

11. Notices. All notices, requests, claims, demands and other communications hereunder shall be in writing and shall be given (and shall
be deemed to have been duly given upon receipt) by delivery in person, by e-mail, by overnight courier or by registered or certified mail (postage prepaid, return receipt requested) to the respective parties
at the following addresses (or at such other address for a party as shall be specified by like notice made pursuant to this Section 11): 

if to the Stockholder, to it at: 

c/o Tiger Global Management, LLC 

9 West 57th Street, 35th Floor 

New York, NY 10019 
 Attention:
  Steven Boyd, General Counsel 
 Email:         sboyd@tigerglobal.com 

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

Schulte Roth & Zabel LLP 

919 Third Avenue 
 New York, NY
10022 
 Attention:   Eleazer Klein, Esq. 

Email:         eleazer.klein@srz.com 

if to the Company, to it at: 

Vivint Solar, Inc. 
 1800 Ashton
Boulevard 
 Lehi, UT 84043 

Attention:   David Bywater 

Email:         david.bywater@vivintsolar.com 

  
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 with copies (which shall not constitute notice) to: 

Vivint Solar, Inc. 
 1800 Ashton
Boulevard 
 Lehi, UT 84043 

Attention:   C. Dan Black 

Email:         dan.black@vivintsolar.com 

and 
 Simpson Thacher &
Bartlett LLP 
 425 Lexington Avenue 

New York, NY 10017 
 Attention:
  Elizabeth A. Cooper 

                   Brian M. Stadler 

Email:         ecooper@stblaw.com 

                   bstadler@stblaw.com 

and 
 Wilson Sonsini
Goodrich & Rosati 
 650 Page Mill Road 

Palo Alto, CA 94304 
 Attention:
  Robert G. Day 
 Email:         rday@wsgr.com 

12. No Ownership Interest. Nothing contained in this Agreement shall be deemed to vest in the Company any direct or indirect ownership
or incidence of ownership of or with respect to the Covered Shares. All rights, ownership and economic benefits of and relating to the Covered Shares of the Stockholder shall remain vested in and belong to the Stockholder, and the Company shall have
no authority to direct the Stockholder in the voting or disposition of any of the Covered Shares, except as otherwise provided herein. 
 13.
Entire Agreement. This Agreement constitutes the entire agreement and supersede all prior agreements and understandings, both written and oral, between the parties hereto with respect to the subject matter hereof and thereof. Each of the
parties hereto hereby acknowledges and agrees, on behalf of itself, its Affiliates and each of their respective Representatives, that, in connection with such party’s entry into this Agreement, neither such party nor any of its Affiliates or
any of their respective Representatives has relied on any representations or warranties except for the representations and warranties of the Stockholder expressly set forth in Section 4 of this Agreement. 

14. No Third-Party Beneficiaries. The Stockholder hereby agrees that its representations, warranties and covenants set forth herein are
solely for the benefit of the Company in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the parties hereto any rights or remedies hereunder,
including the right to rely upon the representations and warranties set forth 

  
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herein, and the parties hereto hereby further agree that this Agreement may only be enforced against, and any Action that may be based upon, arise out of or relate to this Agreement, or the
negotiation, execution or performance of this Agreement may only be made against, the Persons expressly named as parties hereto; provided, however, that Parent shall be a third-party beneficiary of Section 7
of this Agreement. 
 15. Governing Law and Venue; Service of Process; Waiver of Jury Trial. 

(a) This Agreement and any disputes relating hereto shall be governed by, and construed in accordance with, the laws of the
State of Delaware (without giving effect to choice of law or conflict of law principles thereof or of any other jurisdiction that would cause the application of any laws of any jurisdiction other than the State of Delaware). 

(b) Each of the parties hereto irrevocably (i) consents to submit itself to the personal jurisdiction of the Delaware
Court of Chancery and any state appellate court therefrom within the State of Delaware (unless the Delaware Court of Chancery shall decline to accept jurisdiction over a particular matter, in which case, in any Delaware state or federal court within
the State of Delaware), in connection with any matter based upon or arising out of this Agreement or any of the transactions contemplated by this Agreement or the actions of the Company or the Stockholder in the negotiation, administration,
performance and enforcement hereof and thereof, (ii) agrees that it will not attempt to deny or defeat such personal jurisdiction by motion or other request for leave from any such court, (iii) agrees that it will not bring any action
relating to this Agreement or any of the transactions contemplated by this Agreement in any court other than the courts of the State of Delaware, as described above, and (iv) consents to service being made through the notice procedures set
forth in Section 11. Each party hereto agrees that service of any process, summons, notice or document by U.S. registered mail to the respective addresses set forth in Section 11 shall be effective service of process for any suit or
proceeding in connection with this Agreement or the transactions contemplated hereby. Each party hereto hereby irrevocably waives, and agrees not to assert, by way of motion, as a defense, counterclaim or otherwise, in any action or proceeding with
respect to this Agreement, any claim that it is not personally subject to the jurisdiction of the above-named courts for any reason other than the failure to serve process in accordance with this Section 15(b), that it or its property is exempt
or immune from jurisdiction of any such court or from any legal process commenced in such courts (whether through service of notice, attachment prior to judgment, attachment in aid of execution of judgment, execution of judgment or otherwise), and
to the fullest extent permitted by applicable Law, that the suit, action or proceeding in any such court is brought in an inconvenient forum, that the venue of such suit, action or proceeding is improper, or that this Agreement, or the subject
matter hereof or thereof, may not be enforced in or by such courts and further irrevocably waives, to the fullest extent permitted by applicable Law, the benefit of any defense that would hinder, fetter or delay the levy, execution or collection of
any amount to which the party is entitled pursuant to the final judgment of any court having jurisdiction. Each party expressly acknowledges that the foregoing waiver is intended to be irrevocable under the Laws of the State of Delaware and of the
United States of America; provided that each such party’s consent to jurisdiction and service contained in this Section 15(b) is solely for the purpose referred to in this Section 15(b) and shall not be deemed to be a general
submission to said courts or in the State of Delaware other than for such purpose. 

  
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 (c) EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL
BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THE ACTIONS OF THE COMPANY OR THE STOCKHOLDER IN THE
NEGOTIATION, ADMINISTRATION, PERFORMANCE AND ENFORCEMENT HEREOF OR THEREOF. 
 16. Assignment; Successors. Neither this Agreement nor
any of the rights, interests or obligations hereunder shall be assigned by any of the parties hereto in whole or in part (whether by operation of Law or otherwise) without the prior written consent of the other party, and any such assignment without
such consent shall be null and void. This Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and their respective successors and permitted assigns. 

17. Enforcement. The parties hereto agree that irreparable damage for which monetary damages, even if available, may not be an adequate
remedy, would occur in the event that the parties hereto do not perform the provisions of this Agreement (including the Stockholder’s obligations to vote its Covered Shares as provided in this Agreement) in accordance with its specified terms
or otherwise breach such provisions. The parties hereto acknowledge and agree that the parties hereto shall be entitled to an injunction, specific performance and other equitable relief to prevent breaches of this Agreement and to enforce
specifically the terms and provisions hereof, without any requirement for the posting of security, this being in addition to any other remedy to which they are entitled at law or in equity. Each of the parties hereto agrees that it will not oppose
the granting of an injunction, specific performance and other equitable relief as provided herein on the basis that (x) either party has an adequate remedy at law or (y) an award of specific performance is not an appropriate remedy for any
reason at law or equity. 
 18. Severability. If any term or other provision of this Agreement is found by a court of competent
jurisdiction to be invalid, illegal or incapable of being enforced by any rule of Law or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal
substance of the transactions contemplated hereby is not affected in any manner adverse to any party. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in
good faith to modify this Agreement so as to effect the original intent of the parties hereto as closely as possible in an acceptable manner to the end that the transactions contemplated hereby are fulfilled to the fullest extent possible. 

19. Counterparts. This Agreement may be executed and delivered (including by email transmission, “.pdf,” or other electronic
transmission) in one or more counterparts, and by the different parties in separate counterparts, each of which when executed shall be deemed to be an original but all of which taken together shall constitute one and the same agreement. 

  
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 20. Interpretation and Construction. When reference is made in this Agreement to a
Section, such reference shall be to a Section of this Agreement unless otherwise indicated. Whenever the words “include”, “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the
words “without limitation.” The words “hereof,” “herein,” “hereby” and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any
particular provision of this Agreement. All terms defined in this Agreement shall have the defined meanings when used in any certificate or other document made or delivered pursuant thereto unless otherwise defined therein. Words of any gender
include each other gender and neuter genders and words using the singular or plural number also include the plural or singular number, respectively. Any Contract or Law defined or referred to herein means such Contract or Law as from time to time
amended, modified or supplemented, including (in the case of Contracts) by waiver or consent and (in the case of Laws) by succession or comparable successor statutes and references to all attachments thereto and instruments incorporated therein. The
word “or” shall not be exclusive. The word “will” shall be construed to have the same meaning as the word “shall”. Whenever this Agreement refers to a number of days, such number shall refer to calendar days unless
Business Days are specified. The word “to the extent” shall mean the degree to which a subject or other thing extends, and such phrase shall not mean simply “if”. Any deadline or time period set forth in this Agreement that by
its terms ends on a day that is not a Business Day shall be automatically extended to the next succeeding Business Day. Each of the parties hereto has participated in the drafting and negotiating of this Agreement. If an ambiguity or question of
intent or interpretation arises, this Agreement shall be construed as if it is drafted by all the parties hereto and without regard to any presumption or rule requiring construction or interpretation against the party drafting or causing any
instrument to be drafted. 
 21. Capacity as a Stockholder. Notwithstanding anything herein to the contrary, the Stockholder signs
this Agreement solely in the Stockholder’s capacity as a stockholder of Parent, and not in any other capacity and this Agreement shall not limit or otherwise affect the actions (including the exercise of fiduciary duties) in accordance with
applicable Law of any Affiliate, employee or designee of the Stockholder or any of its Affiliates in his or her capacity, if applicable, as an officer or director of Parent or any other Person. 

22. Expenses. All fees and expenses incurred in connection with this Agreement and the transactions contemplated hereby shall be paid by
the party incurring such fees or expenses, whether or not the Merger is consummated. 
 [The remainder of this page is intentionally left
blank.] 

  
 12 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed (where
applicable, by their respective officers or other authorized Persons thereunto duly authorized) as of the date first written above. 
  

					
	VIVINT SOLAR, INC.
		
	 By:
	 	 /s/ David Bywater

		 	 Name:
	 	 David Bywater

		 	 Title:
	 	 Chief Executive Officer

 [Signature Page to Support Agreement] 

 
			
	TIGER GLOBAL INVESTMENTS, L.P.
		
	By:	 	Tiger Global Performance, LLC,
		 	its General Partner

  

					
	By:	 	 /s/ Steven Boyd

		 	Name:	 	Steven Boyd
		 	Title:	 	General Counsel

  

			
	TIGER GLOBAL LONG OPPORTUNITIES MASTER FUND, L.P.
		
	By:	 	Tiger Global Performance, LLC,
		 	its General Partner

  

					
	By:	 	 /s/ Steven Boyd

		 	Name:	 	Steven Boyd
		 	Title:	 	General Counsel

 [Signature Page to Support Agreement]EX-10.3

 Exhibit 10.3 

CONFIDENTIAL 
 EXECUTION
VERSION 
  
  

REGISTRATION RIGHTS AGREEMENT 

by and among 
 SUNRUN INC.

 and 
 the other
parties hereto 
 Dated as of July 6, 2020 
  

 

 TABLE OF CONTENTS 

 

					
			
	 	  	 	  	Page
		
	ARTICLE I DEFINITIONS	  	1
			
	 Section 1.1
	  	Certain Definitions	  	1
			
	 Section 1.2
	  	Other Definitional Provisions; Interpretation	  	5
		
	ARTICLE II REGISTRATION RIGHTS	  	5
			
	 Section 2.1
	  	Piggyback Rights	  	5
			
	 Section 2.2
	  	Registration Statements	  	7
			
	 Section 2.3
	  	Registration Procedures	  	9
			
	 Section 2.4
	  	Other Registration-Related Matters	  	12
		
	ARTICLE III INDEMNIFICATION	  	14
			
	 Section 3.1
	  	Indemnification by the Company	  	14
			
	 Section 3.2
	  	Indemnification by the Holders and Underwriters	  	15
			
	 Section 3.3
	  	Notices of Claims, Etc.	  	16
			
	 Section 3.4
	  	Contribution	  	16
			
	 Section 3.5
	  	Other Indemnification	  	17
			
	 Section 3.6
	  	Non-Exclusivity	  	17
		
	ARTICLE IV OTHER	  	17
			
	 Section 4.1
	  	Term	  	17
			
	 Section 4.2
	  	Notices	  	17
			
	 Section 4.3
	  	Assignment	  	19
			
	 Section 4.4
	  	Amendments; Waiver	  	19
			
	 Section 4.5
	  	Third Parties	  	19
			
	 Section 4.6
	  	Governing Law	  	19
			
	 Section 4.7
	  	Jurisdiction	  	20
			
	 Section 4.8
	  	MUTUAL WAIVER OF JURY TRIAL	  	20
			
	 Section 4.9
	  	Specific Performance	  	20
			
	 Section 4.10
	  	Entire Agreement	  	20
			
	 Section 4.11
	  	Severability	  	20
			
	 Section 4.12
	  	Counterparts	  	20
			
	 Section 4.13
	  	Effectiveness	  	20
			
	 Section 4.14
	  	Confidentiality	  	21
			
	 Section 4.15
	  	No Recourse	  	21

  
 i 

 TABLE OF CONTENTS 

 

							
			
	 	  	 	  	Page	 
			
	 Section 4.16
	  	Termination of Prior Agreement	  	 	21	 
			
	 Section 4.17
	  	Distributions	  	 	21	 

 EXHIBIT A FORM OF ASSIGNMENT AND JOINDER 

  
 ii 

 REGISTRATION RIGHTS AGREEMENT 

THIS REGISTRATION RIGHTS AGREEMENT (the “Agreement”) is dated as of July 6, 2020 and effective as of the Effective Time
(as defined in the Merger Agreement), and is by and among Sunrun Inc., a Delaware corporation (the “Company”), Blackstone (as defined below), Summit (as defined below) and Pedersen (as defined below). 

ARTICLE I 
 DEFINITIONS 

Section 1.1 Certain Definitions. 

As used in this Agreement: 

“Affiliate” has the meaning ascribed thereto in Rule 12b-2 promulgated under the
Exchange Act, as in effect on the date hereof. 
 “Agreement” has the meaning set forth in the preamble. 

“Blackout Period” means (i) any period during the trading window for executive officers and directors is closed pursuant
to and in compliance with existing insider trading policies, and (ii) in the event that the Company determines in good faith that the registration would be detrimental to any bona fide material financing of the Company or any material
transaction under consideration by the Company or would require disclosure of material information that has not been disclosed to the public, a period of no more than 60 days, and not more than twice in any
365-day period. 
 “Blackstone” means the entities listed on the signature pages
hereto under the heading 
 “Blackstone”. 

“Blackstone Entities” means the entities comprising Blackstone, their respective Affiliates, Permitted Transferees and the
successors and permitted assigns of the entities and their respective Affiliates. 
 “Board” means the board of directors
of the Company. 
 “Business Day” means any day other than a Saturday or Sunday or a day on which banks are required or
authorized to close in the City of New York, New York. 
 “Common Stock” means the shares of common stock, par value
$0.0001 per share, of the Company, and any other capital stock of the Company into which such common stock is reclassified or reconstituted. 

“Company” has the meaning set forth in the preamble. 

 “Control” (including its correlative meanings, “Controlled
by” and “under common Control with”) means possession, directly or indirectly, of the power to direct or cause the direction of management or policies (whether through ownership of securities or partnership or other
ownership interests, by contract or otherwise) of a Person. 
 “Demand Party” has the meaning set forth in
Section 2.2(g)(ii). 
 “FINRA” means the Financial Industry Regulatory Authority, Inc. 

“Governmental Entity” means any nation or government, any state or other political subdivision thereof, and any entity
exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government. 

“Holder” means Pedersen and each member of Blackstone and Summit that is a holder of Registrable Securities or Securities
exercisable, exchangeable or convertible into Registrable Securities or any Permitted Transferee or Transferee of such Person to whom registration rights are assigned pursuant to Section 4.3. For the avoidance of doubt, “Holder” shall
include those Persons who become holders of Registrable Securities after the date of this Agreement as a result of any distribution by Blackstone of shares of Common Stock to its members, limited partners or stockholders. 

“Indemnified Party” and Indemnified Parties” have the meanings set forth in Section 3.1. 

“Initial Lock-Up Period” has the meaning set forth in Section 2.4(a).

 “Law” means any federal, state, local, municipal, foreign or other law, statute, constitution, principle of common law,
ordinance, code, decree, order, judgment, rule, regulation, ruling or requirement issued, enacted, adopted, promulgated, implemented or otherwise put into effect by or under the authority of any Governmental Entity and any order or decision of an
applicable arbitrator or arbitration panel. 
 “Lock-Up Period” has the meaning set
forth in Section 2.4(a). 
 “Marketed Underwritten Shelf Offering” has the meaning set forth in
Section 2.2(g)(ii). 
 “Merger Agreement” means that certain agreement and plan of merger, dated as of
July 6, 2020, by and among Vivint Solar, the Company and Viking Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of the Company. 

“Non-Liable Person” has the meaning set forth in Section 4.15. 

“Pedersen” means Todd Pedersen, his Affiliates, Permitted Transferees and his successors and permitted assigns and their
Affiliates and Permitted Transferees, who may become holders of Registrable Securities upon a distribution by Blackstone of shares of Common Stock to its members, limited partners or stockholders. 

“Permitted Transfer” means a Transfer to a Permitted Transferee of a Holder or any Transfer pursuant to
Section 4.17, so long as such Transfer is in accordance with applicable Law and such Permitted Transferee, in connection with such Transfer, executes an assignment and joinder to this Agreement in the form attached as Exhibit A
hereto. 

  
 2 

 “Permitted Transferee” means, with respect to any Person, any Affiliate of
such Person. 
 “Piggyback Registration” has the meaning set forth in Section 2.1(a). 

“Prior Registration Rights Agreement” has the meaning set forth in Section 4.16. 

“Prospectus” means the prospectus included in any Shelf Registration Statement or a Piggyback Registration (including a
prospectus that discloses information previously omitted from a prospectus filed as part of an effective Shelf Registration Statement or Piggyback Registration in reliance upon Rule 430A or Rule 430B promulgated under the Securities Act), as amended
or supplemented by any prospectus supplement or any issuer free writing prospectus (as defined in Rule 433 under the Securities Act), with respect to the offering of any portion of the Registrable Securities covered by such Shelf Registration
Statement or Piggyback Registration, and all other amendments and supplements to the prospectus, including post-effective amendments, and all material incorporated by reference or deemed to be incorporated by reference in such prospectus. 

“Public Offering” means a public offering of equity securities of the Company or any successor thereto or any Subsidiary of
the Company pursuant to a registration statement declared effective under the Securities Act. 
 “Registrable Securities”
means all shares of Common Stock held by a Holder (whether now held or hereafter acquired, and including any such Securities received by a Holder (x) upon the conversion or exchange of other Securities held by such Holder and (y) as a
distribution of shares of Common Stock by Blackstone to its members, limited partners or stockholders); provided, however, as to any Registrable Securities, such Securities will cease to be Registrable Securities when: 

(a) a registration statement covering such Registrable Securities has been declared effective and such Registrable Securities have been
disposed of pursuant to such effective registration statement; 
 (b) such Registrable Securities shall have been sold pursuant to Rule 144
or 145 (or any similar provision then in effect) under the Securities Act; 
 (c) such Registrable Securities may be sold pursuant to Rule
144 or 145 (or any similar provision then in effect) without limitation thereunder on volume or manner of sale unless in the case of each of Summit and Pedersen only, until the second anniversary of the Closing Date, such Holders beneficially own
(on an aggregate basis together with each member of such Holder and its Permitted Transferees) 1% or more of the then outstanding shares of Common Stock; or 

(d) such Registrable Securities cease to be outstanding. 

“Registration Expenses” means any and all expenses incurred in connection with the performance of or compliance with this
Agreement, including: 
 (a) all SEC, stock exchange, or FINRA registration fees and expenses (including, if applicable, the fees and
expenses of any “qualified independent underwriter,” as such term is defined in Rule 5121 of FINRA, and of its counsel); 
  

  
 3 

 (b) all fees and expenses of complying with securities or blue sky Laws (including fees and
disbursements of counsel for the underwriters in connection with blue sky qualifications of the Registrable Securities); 
 (c) all
printing, messenger and delivery expenses; 
 (d) the reasonable fees and disbursements of counsel for the Company and of its independent
public accountants, including the expenses of any special audits and/or “cold comfort” letters required by or incident to such performance and compliance; 

(e) any fees and disbursements of underwriters customarily paid by the issuers or sellers of Securities, including liability insurance if the
Company so desires or if the underwriters so require, and the reasonable fees and expenses of any special experts retained in connection with the requested registration, but excluding underwriting discounts and commissions and transfer taxes, if
any; 
 (f) the reasonable fees and out-of-pocket expenses
of not more than one law firm (as selected by the Holders of a majority of the Registrable Securities included in such registration) incurred by all the Holders in connection with the registration; 

(g) the costs and expenses of the Company relating to analyst and investor presentations or any “road show” undertaken in connection
with the registration and/or marketing of the Registrable Securities (including the reasonable out-of-pocket expenses of the Holders); and 

(h) any other fees and disbursements customarily paid by the issuers of securities. 

“Secondary Lock-Up Period” has the meaning set forth in Section 2.4(a).

 “Securities” means capital stock, limited partnership interests, limited liability company interests, beneficial
interests, warrants, options, notes, bonds, debentures, and other securities, equity interests, ownership interests and similar obligations of every kind and nature of any Person. 

“Shelf Registration Statement” has the meaning set forth in Section 2.2(a). 

“Shelf Take-Down” has the meaning set forth in Section 2.2(g)(i). 

“Summit” means the entities listed on the signature pages hereto under the heading “Summit” and their Permitted
Transferees and successors and permitted assigns who may become holders of Registrable Securities upon a distribution by Blackstone of shares of Common Stock to its members, limited partners or stockholders. 

“Take-Down Notice” has the meaning set forth in Section 2.2(g)(ii). 

“Transfer” (including its correlative meanings, “Transferor”, “Transferee” and
“Transferred”) shall mean, with respect to any security, directly or indirectly, to sell, contract to sell, give, assign, hypothecate, pledge, encumber, grant a security interest in, offer, sell any option or contract to purchase,
purchase any option or contract to sell, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of any economic, voting or other rights in or to such security. When used as a noun, “Transfer” shall
have such correlative meaning as the context may require. 

  
 4 

 “Underwritten Offering” means a sale of securities of the Company to an
underwriter or underwriters for reoffering to the public. 
 “Vivint Solar” means Vivint Solar, Inc., a Delaware
corporation. 
 Section 1.2 Other Definitional Provisions; Interpretation. 

(a) Capitalized terms used herein but not defined shall have the meanings given to them in the Merger Agreement. 

(b) The words “hereof,” “herein,” and “hereunder” and words of similar import when used in this Agreement refer
to this Agreement as a whole and not to any particular provision of this Agreement, and references in this Agreement to a designated “Article” or “Section” refer to an Article or Section of this Agreement unless otherwise
specified. 
 (c) The headings in this Agreement are included for convenience of reference only and do not limit or otherwise affect the
meaning or interpretation of this Agreement. 
 (d) The meanings given to terms defined herein are equally applicable to both the singular
and plural forms of such terms. 
 ARTICLE II 

REGISTRATION RIGHTS 

Section 2.1 (a) Piggyback Rights. If at any time the Company proposes to register Securities for public sale (whether proposed to
be offered for sale by the Company or by any other Person) under the Securities Act (other than a registration on Form S-4 or S-8, or any successor or other forms
promulgated for similar purposes or a registration relating to a convertible debt offering) in a manner which would permit registration of Registrable Securities for sale to the public under the Securities Act or any shelf takedown (whether pursuant
to Section 2.2(g) or at the initiative of the Company) or sale pursuant to the exercise of any demand rights by any other holders of shares of Common Stock, it will give prompt written notice (which notice shall specify the intended
method or methods of disposition) to the Holders of its intention to do so and of such Holder’s rights under this Section 2.1 (a “Piggyback Registration”). Upon the written request of any Holder made within
fifteen (15) days after the receipt of any such notice (which request shall specify the number of Registrable Securities intended to be disposed of by such Holder), the Company will use its reasonable efforts to effect the registration under
the Securities Act of all Registrable Securities which the Holders have so requested to be registered; provided that: (i) if, at any time after giving written notice of its intention to register any Securities and prior to the effective
date of the registration statement filed in connection with such registration, the Company shall determine for any reason not to proceed with the proposed registration of the Securities to be sold by it, the Company may, at its election, give
written notice of such determination to the Holders and, thereupon, the Company shall be relieved of its obligation to register any Registrable Securities in connection with such registration (but not from its obligation to pay the Registration
Expenses incurred in connection therewith) without prejudice to the rights of a Demand Party to 

  
 5 

 
request that such registration be effected as a registration under Section 2.2(g)(ii); and (ii) if such registration involves an Underwritten Offering, the Holders of Registrable
Securities requesting to be included in the registration must, upon the written request of the Company, sell their Registrable Securities to the underwriters on the same terms and conditions as apply to the other Securities being sold through
underwriters under such registration, with, in the case of a combined primary and secondary offering, only such differences, including any with respect to representations and warranties, indemnification and liability insurance, as may be customary
or appropriate in combined primary and secondary offerings. 
 (b) Expenses. The Company will pay all Registration Expenses in
connection with each registration of Registrable Securities requested pursuant to this Section 2.1. 
 (c) Priority in
Piggyback Registrations. If a registration pursuant to this Section 2.1 involves an Underwritten Offering and the managing underwriter advises the Company in writing (a copy of which shall be provided to the Holders) that, in its opinion,
the number of Registrable Securities and other Securities requested to be included in such registration exceeds the number which can be sold in such offering, so as to be likely to have a material and adverse effect on the price, timing or
distribution of the Securities offered in such offering, then the Company will include in such registration: (i) first, the Securities the Company proposes to sell for its own account; and (ii) second, such number of Registrable Securities
requested to be included in such registration which, in the opinion of such managing underwriter, can be sold without having the material and adverse effect referred to above, which number of Registrable Securities shall be allocated pro rata
among the Registrable Securities held by all such requesting Holders on the basis of the relative number of Registrable Securities requested to be included in such registration by each such Holder (provided that any Securities thereby
allocated to any such Holder that exceed such Holder’s request will be reallocated among the remaining requesting Holders in like manner). 

(d) Excluded Transactions. The Company shall not be obligated to effect any registration of Registrable Securities under this
Section 2.1 incidental to the registration of any of its Securities in connection with: 
 (i) a registration
statement filed to cover issuances under employee benefits plans, dividend reinvestment plans, or a convertible debt offering; or 

(ii) any registration statement relating solely to the acquisition or merger after the date hereof by the Company or any of its
Subsidiaries of or with any other businesses. 
 (e) Plan of Distribution, Underwriters and Counsel. If a registration pursuant to
this Section 2.1 involves an Underwritten Offering (other than any Marketed Underwritten Shelf Offering pursuant to Section 2.2(g)(ii)), the Company shall have the right to (i) determine the plan of distribution and
(ii) select the investment banker or bankers and managers to administer the offering, including the lead managing underwriter. 
 (f)
Shelf Takedowns. In connection with any shelf takedown (whether pursuant to Section 2.2(g) or at the initiative of the Company), the Holders may exercise “piggyback” rights in the manner described in this Agreement to
have included in such takedown Registrable Securities held by them that are registered on such shelf registration statement. 

  
 6 

 Section 2.2 Registration Statements. 

(a) The Company shall file with the SEC as soon as reasonably practicable following the Closing Date, and will use reasonable best efforts to
cause to be declared effective by the SEC within sixty (60) days of the Closing Date, a shelf registration statement on Form S-1, Form S-3 or such other form under
the Securities Act then available to the Company (the “Shelf Registration Statement”) providing for the resale by the Holders from time to time on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of any or
all of the Registrable Securities then held by the Holders (as determined by the Holders of a majority of the Registrable Securities). 

(b) Subject to Section 2.2(c), the Company will use reasonable efforts to keep the Shelf Registration Statement continuously
effective until the earlier of (i) three (3) years after the Shelf Registration Statement has been declared effective; (ii) the date on which all Registrable Securities covered by the Shelf Registration Statement have been sold thereunder,
or otherwise cease to be Registrable Securities; and (iii) the date on which this agreement terminates pursuant to Section 4.1. 

(c) Notwithstanding anything to the contrary contained in this Agreement, the Company shall be entitled, from time to time, by providing
written notice to the Holders, to require the Holders to suspend sales of Registrable Securities under the Shelf Registration Statement during any Blackout Period. The Holders may recommence effecting sales of the Registrable Securities pursuant to
the Shelf Registration Statement (or such filings) following further notice to such effect from the Company, which shall be given by the Company promptly following the expiration of any Blackout Period. After the expiration of any Blackout Period
and without any further request from the Holders, the Company, to the extent necessary, shall as promptly as reasonably practicable prepare a post-effective amendment or supplement to the Shelf Registration Statement or the Prospectus, or any
document incorporated therein by reference, or file any other required document so that, as thereafter delivered to purchasers of the Registrable Securities included therein, the Prospectus will not include an untrue statement of a material fact or
omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading. 

(d) Expenses. The Company will pay all Registration Expenses in connection with each registration of Registrable Securities requested
pursuant to this Section 2.2. 
 (e) Plan of Distribution, Underwriters and Counsel. If a requested registration pursuant
to this Section 2.2 involves an Underwritten Offering, the Demand Party seeking registration of the Registrable Securities included in such Underwritten Offering shall have the right to (i) determine the plan of distribution and
(ii) select the investment banker or bankers and managers to administer the offering, including the lead managing underwriter (provided that such investment banker or bankers and managers shall be reasonably satisfactory to the Company).

  
 7 

 (f) Priority in Demand Registrations. If a requested registration pursuant to this
Section 2.2 involves an Underwritten Offering and the managing underwriter advises the Company in writing (a copy of which shall be provided to the Holders) that, in its reasonable opinion, the number of Registrable Securities requested to be
included in such registration (including Securities of the Company which are not Registrable Securities) exceeds the number which can be sold in such offering, so as to be likely to have a material and adverse effect on the price, timing or
distribution of the Securities offered in such offering, then the number of such Registrable Securities to be included in such registration shall be allocated in the following order of priority: (i) first, up to the number of Registrable
Securities requested to be included by a Demand Party in its Take-Down Notice and the other Holders, pro rata among all such holders on the basis of the number of Registrable Securities requested to be included therein by all such Holders,
(ii) second, securities the Company proposes to sell and (iii) third, all other securities of the Company duly requested to be included in such offering, pro rata on the basis of the amount of such other securities requested to be
included or such other allocation method determined by the Company. 
 (g) Shelf Takedowns. 

(i) Upon the written request of any Holder, at any time and from time to time, the Company will facilitate in the manner
described in this Agreement a “takedown” of such Holder’s Registrable Securities off of an effective shelf registration statement (a “Shelf Take-Down”). Upon the written request of such Holder, the Company will file
and seek the effectiveness of a post-effective amendment to an existing shelf registration statement in order to register up to the number of such Holder’s Registrable Securities previously taken down off of such shelf by such Holder and not
yet “reloaded” onto such shelf registration statement. 
 (ii) At any time that a Shelf Registration Statement is
effective, Blackstone (subject to a limit of two (2) times in any calendar year) and Summit (subject to a limit of one (1) time in any calendar year) (each of Blackstone and Summit, a “Demand Party”) may deliver a notice
(a “Take-Down Notice”) to the Company that it intends to sell all or part of its Registrable Securities in an Underwritten Offering (including any Underwritten Offering where the plan of distribution set forth in the applicable
Take-Down Notice includes a customary “road show” (including an “electronic road show”) or other substantial marketing effort by the Company and the underwriters (a “Marketed Underwritten Shelf Offering”));
provided, that a Demand Party may not deliver a Take-Down Notice prior to expiry of the Initial Lock-Up Period; provided, further, that Blackstone shall have the right to deliver the first
Take-Down Notice provided that such Take-Down Notice is delivered by Blackstone within two-hundred and seventy (270) days of the Closing Date; provided, further, that a Demand Party may not
deliver a Take-Down Notice for an Underwritten Offering or a Marketed Underwritten Shelf Offering unless the Registrable Securities requested to be sold in such offering have an aggregate offering price (based on the last reported sale price per
share on the most recent trading day prior to such date on the principal securities exchange or market on which they are traded or, if the shares of Common Stock are no longer so traded, the fair value thereof (as determined in good faith by the
Demand Party seeking registration of such Registrable Securities)) of at least (x) in the case of the first Take-Down Notice delivered by Summit, $25,000,000 and (y) for each other Take-Down Notice delivered by a Demand Party, $50,000,000.

  
 8 

 (h) The Company shall not be obligated to effect any Marketed Underwritten Shelf Offering
within ninety (90) days of a prior Marketed Underwritten Shelf Offering. 
 Section 2.3 Registration Procedures. If and
whenever the Company is required to file a registration statement with respect to, or to use its reasonable efforts to effect or cause the registration of, any Registrable Securities under the Securities Act as provided in this Agreement, the
Company will as expeditiously as possible: 
 (a) promptly prepare and file with the SEC a registration statement on an appropriate form in
accordance with the terms of this Article II with respect to such Registrable Securities and use its reasonable efforts to cause such registration statement to become effective pursuant to the terms of this Article II; provided,
however, that the Company may discontinue any registration of Securities which it has initiated for its own account at any time prior to the effective date of the registration statement relating thereto (and, in such event, the Company shall pay
the Registration Expenses incurred in connection therewith); and provided, further, that before filing a registration statement or prospectus, or any amendments or supplements thereto, the Company will (i) furnish to counsel for
the sellers of Registrable Securities covered by such registration statement copies of all documents proposed to be filed, which documents will be subject to the review of such counsel, (ii) fairly consider such reasonable changes in any such
documents prior to or after the filing thereof as the counsel to the sellers of Registrable Securities being sold may request, and (iii) make such of the representatives of the Company as shall be reasonably requested by the sellers of the
Registrable Securities being sold available for discussion of such documents; 
 (b) prepare and file with the SEC such amendments and
supplements to such registration statement and the prospectus used in connection therewith as may be necessary to keep such registration statement effective pursuant to the terms of this Article II and to comply with the provisions of the Securities
Act and the Exchange Act with respect to the disposition of all Securities covered by such registration statement during such period in accordance with the intended methods of disposition by the seller or sellers thereof set forth in such
registration statement; provided that before filing a registration statement or prospectus, or any amendments or supplements thereto, the Company will (i) furnish to counsel for the sellers of Registrable Securities covered by such
registration statement copies of all documents proposed to be filed, which documents will be subject to the review of such counsel, (ii) fairly consider such reasonable changes in any such documents prior to or after the filing thereof as the
counsel to the sellers of Registrable Securities being sold may request, and (iii) make such of the representatives of the Company as shall be reasonably requested by the sellers of the Registrable Securities being sold available for discussion
of such documents; 
 (c) furnish to each seller of such Registrable Securities such number of copies of such registration statement and of
each amendment and supplement thereto (in each case including all exhibits filed therewith, including any documents incorporated by reference), such number of copies of the prospectus included in such registration statement (including each
preliminary prospectus and summary prospectus), in conformity with the requirements of the Securities Act, and such other documents as such seller may reasonably request in order to facilitate the disposition of the Registrable Securities by such
seller; 

  
 9 

 (d) use its reasonable efforts to register or qualify such Registrable Securities covered by
such registration in such jurisdictions as each seller shall reasonably request, and do any and all other acts and things which may be reasonably necessary or advisable to enable such seller to consummate the disposition in such jurisdictions of the
Registrable Securities owned by such seller, provided that in no event shall the Company be obligated to qualify to do business in any jurisdiction where it is not then so qualified or to take any action that would subject it to taxation or
service of process in suits, other than those arising out of any offering pursuant to the registration statement, in any jurisdiction where it is not then so subject; 

(e) use its reasonable efforts to cause such Registrable Securities covered by such registration statement to be registered with or approved
by such other governmental agencies or authorities as may be necessary to enable the seller or sellers thereof to consummate the disposition of such Registrable Securities; 

(f) notify each seller of any such Registrable Securities covered by such registration statement, at any time when a prospectus relating
thereto is required to be delivered under the Securities Act, of the Company’s becoming aware that the prospectus included in such 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 not misleading in the light of the circumstances then existing, and at the request of any such seller, prepare and furnish to such seller a reasonable number of
copies of an amended or supplemental prospectus as may be necessary so that, as thereafter delivered to the purchasers of such Registrable Securities, such prospectus shall not include an untrue statement of a material fact or omit to state a
material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing; 

(g) otherwise use its reasonable efforts to comply with all applicable rules and regulations of the SEC, and make available to its Security
holders, as soon as reasonably practicable (but not more than eighteen (18) months) after the effective date of the registration statement, an earnings statement which shall satisfy the provisions of Section 11(a) of the Securities Act;

 (h) (i) use its reasonable efforts to list such Registrable Securities on any securities exchange on which other Securities of the
Company are then listed if such Registrable Securities are not already so listed and if such listing is then permitted under the rules of such exchange; and (ii) use its reasonable efforts to provide a transfer agent and registrar for such
Registrable Securities covered by such registration statement not later than the effective date of such registration statement; 
 (i) enter
into such customary agreements (including an underwriting agreement in customary form), which may include indemnification provisions in favor of underwriters and other Persons in addition to, or in substitution for the indemnification provisions
hereof, and take such other actions as sellers of a majority of such Registrable Securities or the underwriters, if any, reasonably request in order to expedite or facilitate the disposition of such Registrable Securities; 

  
 10 

 (j) obtain a “cold comfort” letter or letters from the Company’s independent
public accountants in customary form and covering matters of the type customarily covered by “cold comfort” letters as the seller or sellers of a majority of such Registrable Securities shall reasonably request; 

(k) make available for inspection by any seller of such Registrable Securities covered by such registration statement, by any underwriter
participating in any disposition to be effected pursuant to such registration statement and by any attorney, accountant or other agent retained by any such seller or any such underwriter, all pertinent financial and other records, pertinent
corporate documents and properties of the Company, and cause all of the Company’s officers, directors and employees to supply all information reasonably requested by any such seller, underwriter, attorney, accountant or agent in connection with
such registration statement; 
 (l) notify counsel for the Holders of Registrable Securities included in such registration statement and the
managing underwriter or agent, immediately, and confirm the notice in writing: (i) when the registration statement, or any post-effective amendment to the registration statement, shall have become effective, or any supplement to the prospectus
or any amendment to any prospectus shall have been filed; (ii) of the receipt of any comments from the SEC; (iii) of any request of the SEC to amend the registration statement or amend or supplement the prospectus or for additional
information; and (iv) of the issuance by the SEC of any stop order suspending the effectiveness of the registration statement or of any order preventing or suspending the use of any preliminary prospectus, or of the suspension of the
qualification of the registration statement for offering or sale in any jurisdiction, or of the institution or threatening of any proceedings for any of such purposes; 

(m) provide each Holder of Registrable Securities included in such registration statement reasonable opportunity to comment on the
registration statement, any post-effective amendments to the registration statement, any supplement to the prospectus or any amendment to any prospectus; 

(n) make every reasonable effort to prevent the issuance of any stop order suspending the effectiveness of the registration statement or of
any order preventing or suspending the use of any preliminary prospectus and, if any such order is issued, to obtain the withdrawal of any such order at the earliest possible moment; 

(o) if requested by the managing underwriter or agent or any Holder of Registrable Securities covered by the registration statement, promptly
incorporate in a prospectus supplement or post-effective amendment such information as the managing underwriter or agent or such Holder reasonably requests to be included therein, including, with respect to the number of Registrable Securities being
sold by such Holder to such underwriter or agent, the purchase price being paid therefor by such underwriter or agent and with respect to any other terms of the Underwritten Offering of the Registrable Securities to be sold in such offering; and
make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after being notified of the matters incorporated in such prospectus supplement or post-effective amendment; 

  
 11 

 (p) cooperate with the Holders of Registrable Securities covered by the registration
statement and the managing underwriter or agent, if any, to facilitate the timely preparation and delivery of certificates (not bearing any restrictive legends) representing Securities to be sold under the registration statement, and enable such
Securities to be in such denominations and registered in such names as the managing underwriter or agent, if any, or the Holders may request; 

(q) use its reasonable efforts to make available the executive officers of the Company to participate with the Holders of Registrable
Securities and any underwriters in any “road shows” that may be reasonably requested by the Holders in connection with distribution of Registrable Securities; 

(r) obtain for delivery to the Holders of Registrable Securities being registered and to the underwriter or agent an opinion or opinions from
counsel for the Company in customary form and in form, substance and scope reasonably satisfactory to such Holders, underwriters or agents and their counsel; and 

(s) cooperate with each seller of Registrable Securities and each underwriter or agent participating in the disposition of such Registrable
Securities and their respective counsel in connection with any filings required to be made with FINRA. 
 Section 2.4 Other
Registration-Related Matters. 
 (a) Other than in the case of Permitted Transfers, no Holder shall Transfer any shares of Common Stock
prior to the date that is one-hundred and twenty (120) days after the Closing Date (the “Secondary Lock-Up Period” and, together with the Initial Lock-Up Period, the “Lock-Up Period”); provided, that (i) on or after the date that is sixty (60) days after the Closing Date (the
“Initial Lock-Up Period”) (x) Blackstone shall be permitted to Transfer up to 14,615,540 shares of Common Stock, (y) Summit shall be permitted to Transfer up to 1,261,969 shares of Common
Stock and (z) Pedersen shall be permitted to Transfer up to 2,684,819 shares of Common Stock and (ii) at any time prior to the expiry of the Lock-Up Period, and from time to time, Holders may
Transfer any number of shares of Common Stock (x) on any two (2) days during any calendar month, provided, that any such Transfers are executed at a price equal to or in excess of the lesser of (A) thirty dollars ($30.00) per
share of Common Stock and (B) ninety-six percent (96%) of the most recent closing price of the Common Stock on the securities exchange or market on which the Common Stock is then listed or quoted;
provided, further, that the Company shall not be required to take any actions in order to facilitate any such Transfer, or (y) with the prior written consent of the Company (which may be withheld at the Company’s sole
discretion). 
 (b) The Company may require any Person that is Transferring Securities in a Public Offering pursuant to
Section 2.1 or 2.2 to furnish to the Company in writing such information regarding such Person and pertinent to the disclosure requirements relating to the registration and the distribution of the Registrable Securities which are
included in such Public Offering as the Company may from time to time reasonably request in writing. 

  
 12 

 (c) Each Holder agrees that, upon receipt of any notice from the Company of the happening of
any event of the kind described in Section 2.3(f), it will forthwith discontinue disposition of Registrable Securities pursuant to the registration statement covering such Registrable Securities until its receipt of the copies of the
amended or supplemented prospectus contemplated by Section 2.3(f) and, if so directed by the Company, each Holder will deliver to the Company or destroy (at the Company’s expense) all copies, other than permanent file copies then in
their possession, of the prospectus covering such Registrable Securities current at the time of receipt of such notice. If the Company gives any such notice, the period for which the Company will be required to keep the registration statement
effective will be extended by the number of days during the period from and including the date of the giving of such notice pursuant to Section 2.3(f) to and including the date when each seller of Registrable Securities covered by such
registration statement has received the copies of the supplemented or amended prospectus contemplated by Section 2.3(f). 
 (d)
Each Holder agrees that, upon receipt of any notice from the Company of the happening of any event of the kind described in Section 2.3(l)(iv), it will forthwith discontinue disposition of Registrable Securities pursuant to the
registration statement covering such Registrable Securities until the lifting of such stop order, other order or suspension or the termination of such proceedings and, if so directed by the Company, each Holder will deliver to the Company or destroy
(at the Company’s expense) all copies, other than permanent file copies then in its possession, of the prospectus covering such Registrable Securities current at the time of receipt of such notice. If the Company gives any such notice, the
period for which the Company will be required to keep the registration statement effective will be extended by the number of days during the period from and including the date of the giving of such notice pursuant to Section 2.3(l)(iv)
to and including the date when such stop order, other order or suspension is lifted or such proceedings are terminated. 
 (e) In connection
with any Underwritten Offering, the Holders of Registrable Securities agree to enter into customary “lock-up” agreements restricting the public sale or distribution of equity securities of the
Company (including sales pursuant to Rule 144 under the Securities Act) to the extent required in writing by the lead managing underwriter(s) with respect to an applicable Underwritten Offering for a period of not more than ninety (90) days
after the date of the “final” prospectus (or “final” prospectus supplement if the Underwritten Offering is made pursuant to a Shelf Registration Statement), pursuant to which such Underwritten Offering shall be made, plus, if
applicable, an extension period, as may be proposed by the lead managing underwriter(s) to address FINRA regulations regarding the publishing of research, or such other period as is required by the lead managing underwriter(s); provided,
however, such Holders shall not be subject to a lock-up period longer than the lock-up period to which the officers and directors of the Company are subject. 

(f) In the event of any Marketed Underwritten Shelf Offering, the Company will not affect any public sale or distribution of any common equity
(or securities convertible into or exchangeable or exercisable for common equity) for its own account, within sixty (60) days after the date of such Marketed Underwritten Shelf Offering except as may otherwise be agreed between the Company and
the lead managing underwriter(s) of such Marketed Underwritten Shelf Offering. 

  
 13 

 (g) A Holder having notified or directed the Company to include any or all of its
Registrable Securities in a registration statement under the Securities Act shall have the right to withdraw any such notice or direction with respect to any or all of the Registrable Securities designated by it for registration by giving written
notice to such effect to the Company prior to the effective date of such registration statement. In the event of any such withdrawal, the Company shall not include such Registrable Securities in the applicable registration and such Registrable
Securities shall continue to be Registrable Securities for all purposes of this Agreement (subject to the other terms and conditions of this Agreement). No such withdrawal shall affect the obligations of the Company with respect to the Registrable
Securities not so withdrawn. 
 (h) With a view to making available the benefits of certain rules and regulations of the SEC which may at
any time permit the sale of Securities of the Company to the public without registration after such time as a public market exists for Registrable Securities, the Company agrees: 

(i) to make and keep public information available, as those terms are understood and defined in Rule 144 under the Securities
Act, at all times after the effective date of the first registration under the Securities Act filed by the Company for an offering of its Securities to the public; 

(ii) to use its commercially reasonable efforts to then file with the SEC in a timely manner all reports and other documents
required of the Company under the Securities Act and the Exchange Act (at any time it is subject to such reporting requirements); and 

(iii) so long as a Holder owns any Registrable Securities, to furnish to such Holder promptly upon request: (A) a written
statement by the Company as to its compliance with the reporting requirements of Rule 144, and of the Securities Act and the Exchange Act (at any time it is subject to such reporting requirements); (B) a copy of the most recent annual or quarterly
report of the Company; and (C) such other reports and documents of the Company as such Holder may reasonably request in availing itself or himself of any rule or regulation of the SEC allowing such Holder to sell any such Securities without
registration. 
 (i) Counsel to represent Holders of Registrable Securities shall be selected by the Holders of at least a majority of the
Registrable Securities included in the relevant registration. 
 ARTICLE III 

INDEMNIFICATION 

Section 3.1 Indemnification by the Company. If any registration of any Securities of the Company under the Securities Act pursuant
to Section 2.1 or 2.2, the Company hereby indemnifies and agrees to hold harmless, to the fullest extent permitted by Law, each Holder who sells Registrable Securities covered by such registration statement, each Affiliate of such
Holder and their respective directors and officers or general and limited partners (and the directors, officers, employees, Affiliates and controlling Persons of any of the foregoing), each other Person who participates as an underwriter in the
offering or sale of such Securities and each other Person, if any, who controls such Holder or any such underwriter within the meaning of the Securities Act (each, and “Indemnified Party” and collectively, the “Indemnified
Parties”), against any and all 

  
 14 

 
losses, claims, damages or liabilities, joint or several, and reasonable and documented expenses to which such Indemnified Party may become subject under the Securities Act, common law or
otherwise, insofar as such losses, claims, damages or liabilities (or actions or proceedings in respect thereof, whether or not such Indemnified Party is a party thereto) arise out of or are based upon: (a) any untrue statement or alleged
untrue statement of any material fact contained in any registration statement under which such Securities were registered under the Securities Act, any preliminary, final or summary prospectus contained therein, or any amendment or supplement
thereto, or any document incorporated by reference therein, or any other such disclosure document (including reports and other documents filed under the Exchange Act and any document incorporated by reference therein) or related document or report;
(b) any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, in the case of a prospectus, in the light of the circumstances when they were made;
or (c) any violation or alleged violation by the Company or any of its Subsidiaries of any federal, state, foreign or common law rule or regulation applicable to the Company or any of its Subsidiaries and relating to action or inaction in
connection with any such registration, disclosure document or related document or report, and the Company will reimburse such Indemnified Party for any legal or other expenses reasonably incurred by it in connection with investigating or defending
any such loss, claim, liability, action or proceeding; provided that the Company will not be liable to any Indemnified Party in any such case to the extent that any such loss, claim, damage, liability (or action or proceeding in respect
thereof) or expense arises out of or is based upon any untrue statement or alleged untrue statement or omission or alleged omission made in such registration statement, in any such preliminary, final or summary prospectus, or any amendment or
supplement thereto in reliance upon and in conformity with written information with respect to such Indemnified Party furnished to the Company by such Indemnified Party expressly for use in the preparation thereof. Such indemnity will remain in full
force and effect regardless of any investigation made by or on behalf of such Holder or any Indemnified Party and will survive the Transfer of such Securities by such Holder or any termination of this Agreement. 

Section 3.2 Indemnification by the Holders and Underwriters. The Company may require, as a condition to including any Registrable
Securities in any registration statement filed in accordance with Section 2.1 or 2.2, that the Company shall have received an undertaking reasonably satisfactory to it from the Holder of such Registrable Securities or any
prospective underwriter to indemnify and hold harmless (in the same manner and to the same extent as set forth in Section 3.1) the Company, all other Holders or any prospective underwriter, as the case may be, and any of their respective
Affiliates, directors, officers and controlling Persons, with respect to any untrue statement in or omission from such registration statement, any preliminary, final or summary prospectus contained therein, or any amendment or supplement, if such
untrue statement or omission was made in reliance upon and in conformity with written information with respect to such Holder or underwriter furnished to the Company by such Holder or underwriter expressly for use in the preparation of such
registration statement, preliminary, final or summary prospectus or amendment or supplement, or a document incorporated by reference into any of the foregoing. Such indemnity will remain in full force and effect regardless of any investigation made
by or on behalf of the Company or any of the Holders, or any of their respective Affiliates, directors, officers or controlling Persons and will survive the Transfer of such Securities by such Holder. In no event shall the liability of any selling
Holder of Registrable Securities hereunder be greater in amount than the dollar amount of the proceeds actually received by such Holder upon the sale of the Registrable Securities giving rise to such indemnification obligation. 

  
 15 

 Section 3.3 Notices of Claims, Etc. Promptly after receipt by an Indemnified
Party hereunder of written notice of the commencement of any action or proceeding with respect to which a claim for indemnification may be made pursuant to this Article III, such Indemnified Party will, if a claim in respect thereof is to be
made against an indemnifying party, give written notice to the latter of the commencement of such action; provided that the failure of the Indemnified Party to give notice as provided herein will not relieve the indemnifying party of its
obligations under Section 3.1 or 3.2, except to the extent that the indemnifying party is actually prejudiced by such failure to give notice. In case any such action is brought against an Indemnified Party, unless in such
Indemnified Party’s reasonable judgment a conflict of interest between such indemnified and indemnifying parties may exist in respect of such claim, the indemnifying party will be entitled to participate in and to assume the defense thereof,
jointly with any other indemnifying party similarly notified to the extent that it may wish, with counsel selected by the Holders of at least a majority of the Registrable Securities included in the relevant registration, and after notice from the
indemnifying party to such Indemnified Party of its election so to assume the defense thereof, the indemnifying party will not be liable to such Indemnified Party for any legal or other expenses subsequently incurred by the latter in connection with
the defense thereof other than reasonable costs of investigation. If, in such Indemnified Party’s reasonable judgment, having common counsel would result in a conflict of interest between the interests of such indemnified and indemnifying
parties, then such Indemnified Party may employ separate counsel reasonably acceptable to the indemnifying party to represent or defend such Indemnified Party in such action, it being understood, however, that the indemnifying party will not be
liable for the reasonable fees and expenses of more than one separate firm of attorneys at any time for all such Indemnified Parties (and not more than one separate firm of local counsel at any time for all such Indemnified Parties) in such action.
No indemnifying party will consent to entry of any judgment or enter into any settlement without the prior written consent of the Indemnified Party (which consent will not be unreasonably withheld, conditioned, or delayed) unless (x) the sole
relief provided is monetary damages and (y) such judgment or settlement includes as an unconditional term thereof the giving by the claimant or plaintiff to such Indemnified Party of a release from all liability in respect of such claim or
litigation. 
 Section 3.4 Contribution. If the indemnification provided for hereunder from the indemnifying party is
unavailable to an Indemnified Party hereunder in respect of any losses, claims, damages, liabilities or expenses referred to herein for reasons other than those described in the proviso in the first sentence of Section 3.1, then the
indemnifying party, in lieu of indemnifying such Indemnified Party, shall contribute to the amount paid or payable by such Indemnified Party as a result of such losses, claims, damages, liabilities or expenses in such proportion as is appropriate to
reflect the relative fault of the indemnifying party and Indemnified Parties in connection with the actions which resulted in such losses, claims, damages, liabilities or expenses, as well as any other relevant equitable considerations. The relative
fault of such indemnifying party and Indemnified Parties shall be determined by reference to, among other things, whether any action in question, including any untrue or alleged untrue statement of a material fact or omission or alleged omission to
state a material fact, has been made by, or relates to information supplied by, such indemnifying party or Indemnified Parties, and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such
action. 

  
 16 

 
The amount paid or payable by a party under this Section 3.4 as a result of the losses, claims, damages, liabilities and expenses referred to above shall be deemed to include any
legal or other fees or expenses reasonably incurred by such party in connection with any investigation or proceeding. In no event shall the liability of any selling Holder of Registrable Securities hereunder be greater in amount than the dollar
amount of the proceeds actually received by such Holder upon the sale of the Registrable Securities giving rise to such contribution obligation. 

The parties hereto agree that it would not be just and equitable if contribution pursuant to this Section 3.4 were determined by
pro rata allocation or by any other method of allocation which does not take account of the equitable considerations referred to in the immediately preceding paragraph. No Person guilty of fraudulent misrepresentation (within the meaning of
Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. 

Section 3.5 Other Indemnification. Indemnification similar to that specified in this Article III (with appropriate
modifications) shall be given by the Company and each seller of Registrable Securities with respect to any required registration or other qualification of Securities under any Law or with any Governmental Entity other than as required by the
Securities Act. 
 Section 3.6 Non-Exclusivity. The obligations of the parties under
this Article III will be in addition to any liability which any party may otherwise have to any other party. 
 ARTICLE IV 

OTHER 
 Section 4.1
Term. This Agreement shall automatically terminate upon the earlier to occur of (a) such date and time as the Merger Agreement is terminated in accordance with its terms and (b) such date as no Registrable Securities remain
outstanding. If this Agreement is terminated pursuant to this Section 4.1, this Agreement shall immediately then be terminated and of no further force and effect, except for the provisions set forth in this Article IV, which shall
survive in accordance with their terms. 
 Section 4.2 Notices. Any notice, request, instruction or other document to be given
hereunder by any party hereto to another party hereto shall be in writing and shall be deemed given (a) when delivered personally, (b) five (5) Business Days after being sent by certified or registered mail, postage prepaid, return receipt
requested, (c) one (1) Business Day after being sent by Federal Express or other nationally recognized overnight courier, or (d) if transmitted by facsimile, if confirmed within 24 hours thereafter by a signed original sent in the manner
provided in clause (a), (b) or (c) to parties at the following addresses (or at such other address for a party as shall be specified by prior written notice from such party): 

if to the Company: 
 Sunrun Inc.

 225 Bush Street, Suite 1400 

San Francisco, CA 94104 

			
	 Attention:
	  	Jeanna Steele
		  	Sundance Banks
	 Email:
	  	legalnotices@sunrun.com

  
 17 

 with a copy (not constituting notice) to: 

Cooley LLP 
 101 California
Street, 5th Floor 
 San Francisco, CA 94111-5800 

			
	 Attention:
	  	Jamie Leigh
		  	Ian Nussbaum
	 Email:
	  	jleigh@cooley.com
		  	inussbaum@cooley.com

 If to Blackstone: 

The Blackstone Group L.P. 
 345
Park Avenue 
 New York, NY 10154 

			
	 Attention:
	  	Peter Wallace
	 Email:
	  	wallace@blackstone.com

 with a copy (not constituting notice) to: 

Wilson Sonsini Goodrich & Rosati 

650 Page Mill Road 
 Palo Alto, CA
94304 

			
	 Attention:
	  	Robert G. Day
	 Email:
	  	rday@wsgr.com

 and 

Weil, Gotshal & Manges LLP 

767 Fifth Avenue 
 New York, NY
10153 

			
	 Attention:
	  	Christopher Machera
	 Email:
	  	chris.machera@weil.com

 If to Summit: 

Summit Partners 
 222 Berkeley
Street, 18th Floor 
 Boston, MA 02116 

			
	 Attention:
	  	Jay D. Pauley
	 Email:
	  	jpauley@summitpartners.com

  
 18 

 with a copy (not constituting notice) to: 

Kirkland & Ellis LLP 

200 Clarendon Street 
 Boston, MA
02116 

			
	 Attention:
	  	Matthew D. Cohn, P.C.
		  	Duncan Enista
	 Email: 
	  	matthew.cohn@kirkland.com
		  	duncan.enista@kirkland.com

 If to Pedersen: 

313 Acquisition LLC 
 4931 North
300 West 
 Provo, Utah 84604 

			
	 Attention:
	  	Todd Pedersen

 Section 4.3 Assignment. Neither the Company nor any Holder shall assign all or any part of this
Agreement without the prior written consent of the Company and Blackstone; provided, however, that, without the prior written consent of the Company, any Blackstone Entity may assign its rights and obligations under this Agreement in
whole or in part to (x) any of its Affiliates and (y) any Person who becomes a holder of Registrable Securities upon a distribution by such Blackstone Entity of shares of Common Stock to its members, limited partners or stockholders that
becomes a party hereto by executing and delivering an assignment and joinder agreement to the Company, substantially in the form of Exhibit A to this Agreement. Except as otherwise provided herein, this Agreement will inure to the benefit of
and be binding on the parties hereto and their respective successors and permitted assigns. 
 Section 4.4 Amendments; Waiver.
This Agreement may be amended, supplemented or otherwise modified only by a written instrument executed by the Company and the Holders holding a majority of the Registrable Securities subject to this Agreement; provided that no such
amendment, supplement or other modification shall adversely affect the economic interests of any Holder hereunder disproportionately to other Holders without the written consent of such Holder. No waiver by any party of any of the provisions hereof
will be effective unless explicitly set forth in writing and executed by the party so waiving. Except as provided in the preceding sentence, no action taken pursuant to this Agreement, including without limitation, any investigation by or on behalf
of any party, will be deemed to constitute a waiver by the party taking such action of compliance with any covenants or agreements contained herein. The waiver by any party hereto of a breach of any provision of this Agreement will not operate or be
construed as a waiver of any subsequent breach. 
 Section 4.5 Third Parties. This Agreement does not create any rights, claims
or benefits inuring to any person that is not a party hereto nor create or establish any third party beneficiary hereto; provided, that the Indemnified Parties are intended third party beneficiaries of Article III and Non-Liable Persons are intended third party beneficiaries of Section 4.15. 
 Section 4.6
Governing Law. This Agreement shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware. 

  
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 Section 4.7 Jurisdiction. The Delaware Court of Chancery and any state appellate
court therefrom within the State of Delaware (or, if the Delaware Court of Chancery declines to accept jurisdiction over a particular matter, any state or federal court within the State of Delaware) shall have exclusive jurisdiction over the parties
with respect to any dispute or controversy between them arising under or in connection with this agreement and, by execution and delivery of this agreement, each of the parties to this Agreement submits to the exclusive jurisdiction of those courts,
including but not limited to the in personam and subject matter jurisdiction of those courts, waives any objections to such jurisdiction on the grounds of venue or forum non conveniens, the absence of in personam or subject
matter jurisdiction and any similar grounds, consents to service of process by mail (in accordance with the notice provisions of this Agreement) or any other manner permitted by Law, and irrevocably agrees to be bound by any judgment rendered
thereby in connection with this Agreement. 
 Section 4.8 MUTUAL WAIVER OF JURY TRIAL. THE PARTIES HERETO WAIVE ALL RIGHT TO
TRIAL BY JURY IN ANY ACTION, SUIT OR PROCEEDING BROUGHT TO ENFORCE OR DEFEND ANY RIGHTS OR REMEDIES UNDER THIS AGREEMENT. 

Section 4.9 Specific Performance. Each of the parties hereto acknowledges and agrees that if there is any breach of this Agreement
by any of them, the non-breaching party would be irreparably harmed and could not be made whole by monetary damages. Each party accordingly agrees to waive the defense in any action for specific performance
that a remedy at law would be adequate and that the parties, in addition to any other remedy to which they may be entitled at law or in equity, shall be entitled to compel specific performance of this Agreement. 

Section 4.10 Entire Agreement. This Agreement sets forth the entire understanding of the parties hereto with respect to the
subject matter hereof. There are no agreements, representations, warranties, covenants or undertakings with respect to the subject matter hereof other than those expressly set forth herein. This Agreement supersedes all other prior agreements and
understandings between the parties with respect to such subject matter. 
 Section 4.11 Severability. If one or more of the
provisions, paragraphs, words, clauses, phrases or sentences contained herein, or the application thereof in any circumstances, is held invalid, illegal or unenforceable in any respect for any reason, the validity, legality and enforceability of any
such provision, paragraph, word, clause, phrase or sentence in every other respect and of the remaining provisions, paragraphs, words, clauses, phrases or sentences hereof shall not be in any way impaired, it being intended that all rights, powers
and privileges of the parties hereto shall be enforceable to the fullest extent permitted by Law. 
 Section 4.12 Counterparts.
This Agreement may be executed in any number of counterparts, each of which will be deemed to be an original and all of which together will be deemed to be one and the same instrument. 

Section 4.13 Effectiveness. This Agreement shall become effective, as to any Holder, as of the date signed by the Company and
countersigned by such Holder. 

  
 20 

 Section 4.14 Confidentiality. Blackstone, Summit and Pedersen each agrees that
all material non-public information provided pursuant to or in accordance with the terms of this Agreement shall be kept confidential by the Person to whom such information is provided, until such time as such
information becomes public other than through violation of this provision. Notwithstanding the foregoing, any party may disclose the information if (1) required to do so by any law, rule, regulation, order, decree or subpoena of any
governmental agency or authority or court or (2) such information becomes generally available to the public other than as a result of a disclosure or failure to safeguard such information by such Person. 

Section 4.15 No Recourse. Notwithstanding anything that may be expressed or implied in this Agreement, and notwithstanding the
fact that any party hereto may be a partnership or limited liability company, each party hereto, by its acceptance of the benefits of this Agreement, covenants, agrees and acknowledges that no Persons other than the named parties hereto shall have
any obligation hereunder and that it has no rights of recovery hereunder against, and no recourse hereunder or in respect of any oral representations made or alleged to be made in connection herewith or therewith shall be had against, any former,
current or future director, officer, agent, Affiliate, manager, assignee, incorporator, controlling Person, fiduciary, representative or employee of any Holder (or any of their heirs, successors or permitted assigns), or against any former, current
or future director, officer, agent, employee, Affiliate, manager, assignee, incorporator, controlling Person, fiduciary, representative, general or limited partner, shareholder, manager or member of any of the foregoing Persons, but in each case not
including the named parties hereto (each, a “Non-Liable Person”), whether by or through attempted piercing of the corporate veil, by or through a claim (whether in tort, contract or otherwise)
by or on behalf of such party against any Non-Liable Person, by the enforcement of any assignment or by any legal or equitable proceeding, or by virtue of any statute, regulation or other applicable Law or
otherwise; it being expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on or otherwise be incurred by any Non-Liable Person, as such, for any obligations of the
applicable party under this Agreement or the transactions contemplated hereby, in respect of any oral representations made or alleged to have been made in connection herewith or therewith or for any claim (whether in tort, contract or otherwise)
based on, in respect of or by reason of, such obligations or their creation. 
 Section 4.16 Termination of Prior Agreement.
Upon this Agreement coming into effect at the Effective Time, that certain registration rights agreement dated as of October 6, 2014 (as may be amended, supplemented or modified from time to time, the “Prior Registration Rights
Agreement”), by and among Vivint Solar, Blackstone, Summit, Pedersen and the other parties listed on the signature pages thereto, shall be amended in full with its terms replaced by the terms hereof pursuant to Section 4.3 of the Prior
Registration Rights Agreement, and Blackstone, Summit and Pedersen shall take all necessary actions and cooperate with the Company to ensure that the Prior Registration Rights Agreement is terminated without any further liability. 

Section 4.17 Distributions. If prior to the Effective Time, 313 Acquisition LLC has not effected a
distribution-in-kind of the shares of common stock of Vivint Solar to the members, limited partners and stockholders of 313 Acquisition LLC, 313 Acquisition LLC shall
take all necessary action to effect a distribution-in-kind of all shares of Common Stock held by 313 Acquisition LLC to the members, limited partners and stockholders of
313 Acquisition LLC as soon as reasonably practicable following the Closing Date and such Transfer shall be deemed to be a Permitted Transfer for all purposes hereunder. 

[Remainder of Page Intentionally Left Blank] 

  
 21 

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

			
	COMPANY:
	
	SUNRUN INC.
		
	 By:
	 	 /s/Lynn Jurich

		 	 Name: Lynn Jurich

		 	 Title:   Chief Executive Officer

  

  
 [SIGNATURE PAGE TO
REGISTRATION RIGHTS AGREEMENT] 

 
			
	BLACKSTONE:
	
	 313 ACQUISITION LLC

		
	 By:
	 	 /s/Peter Wallace

		 	 Name: Peter Wallace

		 	 Title:   Senior Managing Director

  
 [SIGNATURE PAGE TO
REGISTRATION RIGHTS AGREEMENT] 

			
	BLACKSTONE:
	
	BLACKSTONE VNT CO-INVEST L.P.
	
	By: BLACKSTONE MANAGEMENT ASSOCIATES VI L.L.C., its general partner
	
	By: BMA VI L.L.C., its sole member
		
	 By:
	 	 /s/Peter Wallace

		 	 Name:  Peter Wallace

		 	 Title:    Senior Managing Director

	
	BLACKSTONE CAPITAL PARTNERS VI L.P.
	
	By: BLACKSTONE MANAGEMENT ASSOCIATES VI L.L.C., its general partner
	
	By: BMA VI L.L.C., its sole member
		
	 By:
	 	 /s/Peter Wallace

		 	 Name:  Peter Wallace

		 	 Title:    Senior Managing Director

	
	BLACKSTONE FAMILY INVESTMENT PARTNERSHIP VI - ESC L.P.
	
	By: BCP VI SIDE-BY-SIDE GP L.L.C., its general partner
		
	 By:
	 	 /s/Peter Wallace

		 	 Name:  Peter Wallace

		 	 Title:    Senior Managing Director

	
	BLACKSTONE FAMILY INVESTMENT PARTNERSHIP VI L.P.
	
	By: BCP VI SIDE-BY-SIDE GP L.L.C., its general partner
		
	 By:
	 	 /s/Peter Wallace

		 	 Name:  Peter Wallace

		 	 Title:    Senior Managing Director

  
 [SIGNATURE PAGE TO
REGISTRATION RIGHTS AGREEMENT] 

			
	SUMMIT:
	
	SUMMIT PARTNERS GROWTH EQUITY FUND VIII-A, L.P.
		
	By:	 	Summit Partners GE VIII, L.P.,
its General Partner
		
	By:	 	 Summit Partners GE VIII, LLC,
 its Managing
Member

		
	By:	 	/s/Peter Y. Chung
		 	Name:  Peter Y. Chung
		 	Title:    Member
	
	SUMMIT PARTNERS GROWTH EQUITY FUND VIII-B, L.P.
		
	By:	 	Summit Partners GE VIII, L.P.,
its General Partner
		
	By:	 	Summit Partners GE VIII, LLC,
its Managing Member
		
	By:	 	/s/Peter Y. Chung
		 	Name:  Peter Y. Chung
		 	Title:    Member
	
	SUMMIT INVESTORS I, LLC
		
	By:	 	Summit Investors Management, LLC,
its Manager
		
	By:	 	Summit Partners, L.P.,
its Manager
		
	By:	 	Summit Master Company, LLC,
its General Partner
		
	By:	 	/s/Peter Y. Chung
		 	Name:  Peter Y. Chung
		 	Title:    Member

  
 [SIGNATURE PAGE TO
REGISTRATION RIGHTS AGREEMENT] 

 
			
	SUMMIT:
	
	SUMMIT INVESTORS I (UK), L.P.
		
	By:	 	Summit Investors Management, LLC,
its General Partner
		
	By:	 	Summit Partners, L.P.,
its Manager
		
	By:	 	Summit Master Company, LLC,
its General Partner
		
	By:	 	/s/Peter Y. Chung
		 	Name:  Peter Y. Chung
		 	Title:    Member

  
 [SIGNATURE PAGE TO
REGISTRATION RIGHTS AGREEMENT] 

 
			
		
	By:	 	/s/Todd R. Pedersen
		 	Name:  Todd R. Pedersen

  
 [SIGNATURE PAGE TO
REGISTRATION RIGHTS AGREEMENT] 

 Exhibit A 

FORM OF ASSIGNMENT AND JOINDER 

[______], 20__ 
 Reference
is made to the Registration Rights Agreement, dated as of [•], 2020, by and among [PARENT] (the “Company”), [Holder] (as defined therein) and the other parties thereto (the “Registration Rights Agreement”).
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Registration Rights Agreement. 

[Pursuant to Section 2.4 of the Registration Rights Agreement, [Holder] (the “Assignor”) hereby assigns [in
part][or: in full] its rights and obligations under the Registration Rights Agreement to [______] and [______] (each, an “Assignee” and collectively, the “Assignees”). [For the avoidance of doubt, the
Assignor will remain a party to the Registration Rights Agreement following the assignment in part of its rights and obligations thereunder to the undersigned Assignees.]] 

[Pursuant to Section 4.3 of the Registration Rights Agreement, [Holder] (the “Assignor”) hereby assigns [in
part][or: in full] its rights and obligations under the Registration Rights Agreement to [______] and [______] (each, an “Assignee” and collectively, the “Assignees”). [For the avoidance of doubt, the
Assignor will remain a party to the Registration Rights Agreement following the assignment in part of its rights and obligations thereunder to the undersigned Assignees.]] 

[[_____] is a Permitted Transferee of [Holder] (the “Assignor”) and [Holder] hereby assigns [in part][or: in full] its
rights and obligations under the Registration Rights Agreement to [_____] (the “Assignee”). [For the avoidance of doubt, the Assignor will remain a party to the Registration Rights Agreement following the assignment in part of its
rights and obligations thereunder to the undersigned Assignee.]] 
 Each undersigned Assignee hereby agrees to and does become party to the
Registration Rights Agreement as a Holder. This assignment and joinder shall serve as a counterpart signature page to the Registration Rights Agreement and by executing below each undersigned Assignee is deemed to have executed the Registration
Rights Agreement with the same force and effect as if originally named a party thereto and each Assignee’s shares of Common Stock shall be included as Registrable Securities under the Registration Rights Agreement. 

[Remainder of Page Intentionally Left Blank.] 

 IN WITNESS WHEREOF, the undersigned have duly executed this assignment and joinder as of
date first set forth above. 
  

			
	ASSIGNOR:
	
	[HOLDER]
		
	By:	 	 
		 	Name:
		 	Title:
	
	ASSIGNEE:
	
	[Signature Blocks to Come]

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