Document:

Exhibit 10.2

 

INVESTMENT
MANAGEMENT TRUST AGREEMENT

 

This
Agreement is made as of ________, 2014 by and between Harmony Merger Corp. (the “Company”) and Continental Stock Transfer
& Trust Company (“Trustee”).

 

WHEREAS,
the Company’s registration statement on Form S-1, No. 333-197330 (“Registration Statement”) for its initial
public offering of securities (“IPO”) has been declared effective as of the date hereof (“Effective Date”)
by the Securities and Exchange Commission (capitalized terms used herein and not otherwise defined shall have the meanings set
forth in the Registration Statement); and

 

WHEREAS,
Cantor Fitzgerald & Co. (“Cantor Fitzgerald”) is acting as the representative of the underwriters in the IPO;
and

 

WHEREAS, as described in the Registration Statement,
and in accordance with the Company’s Amended and Restated Certificate of Incorporation, $102,000,000 of the gross proceeds
of the IPO and a private placement taking place simultaneously therewith ($117,300,000 if the underwriters’ over-allotment
option is exercised in full) will be delivered to the Trustee to be deposited and held in a trust account for the benefit of the
Company and the holders of the Company’s common stock, par value $.0001 per share (“Common Stock”), issued in
the IPO as hereinafter provided (the amount to be delivered to the Trustee will be referred to herein as the “Property”;
the stockholders for whose benefit the Trustee shall hold the Property will be referred to as the “Public Stockholders,”
and the Public Stockholders and the Company will be referred to together as the “Beneficiaries”);

 

WHEREAS,
a portion of the Property equal to $3,000,000 (or $3,450,000 if the over-allotment option is exercised in full) is attributable
to deferred underwriting discounts and commissions that may be payable by the Company to Cantor Fitzgerald upon the consummation
of the Business Combination (as defined below) (the “Deferred Underwriting Fee”); and

 

WHEREAS,
the Company and the Trustee desire to enter into this Agreement to set forth the terms and conditions pursuant to which the Trustee
shall hold the Property;

 

IT
IS AGREED:

 

1.          Agreements
and Covenants of Trustee. The Trustee hereby agrees and covenants to:

 

(a)          Hold
the Property in trust for the Beneficiaries in accordance with the terms of this Agreement in a segregated trust account (“Trust
Account”) established by the Trustee at JPMorgan Chase Bank NA in the United States, maintained by Trustee, and at a brokerage
institution selected by the Trustee that is satisfactory to the Company;

 

    	 

    	 

    

 

(b)          Manage,
supervise and administer the Trust Account subject to the terms and conditions set forth herein;

 

(c)          In
a timely manner, upon the instruction of the Company, invest and reinvest the Property (i) in United States government treasury
bills, notes or bonds having a maturity of 180 days or less and/or (ii) in money market funds meeting certain conditions under
Rule 2a-7 promulgated under the Investment Company Act of 1940, as amended, and that invest solely in U.S. treasuries, as determined
by the Company;

 

(d)          Collect
and receive, when due, all principal and income arising from the Property, which shall become part of the “Property,”
as such term is used herein;

 

(e)          Notify
the Company and Cantor Fitzgerald of all communications received by it with respect to any Property requiring action by the Company;

 

(f)          Supply
any necessary information or documents as may be requested by the Company in connection with the Company’s preparation of
its tax returns;

 

(g)          Participate
in any plan or proceeding for protecting or enforcing any right or interest arising from the Property if, as and when instructed
by the Company to do so;

 

(h)          Render
to the Company monthly written statements of the activities of and amounts in the Trust Account reflecting all receipts and disbursements
of the Trust Account; and

 

(i)          Commence
liquidation of the Trust Account only after and promptly after receipt of, and only in accordance with, the terms of a letter
(“Termination Letter”), in a form substantially similar to that attached hereto as either Exhibit A or Exhibit C,
signed on behalf of the Company by its President, Chief Executive Officer or Chairman of the Board and Secretary or Assistant
Secretary, affirmed by counsel for the Company and, in the case of a Termination Letter in a form substantially similar to that
attached hereto as Exhibit A, acknowledged and agreed to by Cantor Fitzgerald, and complete the liquidation of the Trust Account
and distribute the Property in the Trust Account only as directed in the Termination Letter and the other documents referred to
therein; provided, however, that in the event that a Termination Letter has not been received by the Trustee by the 24-month anniversary
of the Closing, (“Last Date”), the Trust Account shall be liquidated in accordance with the procedures set forth in
the Termination Letter attached as Exhibit B hereto and distributed to the Public Stockholders as of the Last Date. The provisions
of this Section 1(i) may not be modified, amended or deleted under any circumstances.

 

(j)          Distribute upon receipt of an Amendment Notification Letter (defined below), to Public Stockholders who exercised their conversion
rights in connection with an Amendment (defined below) an amount equal to the pro rata share of the Property relating to the shares
of Common Stock for which such Public Stockholders have exercised conversion rights in connection with such Amendment.

 

    	2

    	 

    

 

2.          Limited
Distributions of Income from Trust Account.

 

(a)          Upon
written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto
as Exhibit D, the Trustee shall distribute to the Company the amount of interest income earned on the Trust Account requested
by the Company to cover any income or other tax obligation owed by the Company.

 

(b)          The
limited distributions referred to in Section 2(a) above shall be made only from income collected on the Property. Except
as provided in Section 2(a) above, no other distributions from the Trust Account shall be permitted except in accordance
with Sections 1(i) and 1(j) hereof.

 

(c)          The
Company shall provide Cantor Fitzgerald with a copy of any Termination Letters and/or any other correspondence that it issues
to the Trustee with respect to any proposed withdrawal from the Trust Account promptly after such issuance.

 

3.          Agreements
and Covenants of the Company. The Company hereby agrees and covenants to:

 

(a)          Give
all instructions to the Trustee hereunder in writing, signed by the Company’s Chairman of the Board, Vice Chairman of
the Board, Chief Executive Officer, Chief Operating Officer or Chief Financial Officer. In addition, except with respect to
its duties under paragraphs 1(i), 1(j) and 2(a) above, the Trustee shall be entitled to rely on, and shall be
protected in relying on, any verbal or telephonic advice or instruction which it in good faith believes to be given by any
one of the persons authorized above to give written instructions, provided that the Company shall promptly confirm such
instructions in writing;

 

(b)          Subject
to the provisions of Sections 5 and 7(g) of this Agreement, hold the Trustee harmless and indemnify the Trustee from and against,
any and all expenses, including reasonable counsel fees and disbursements, or loss suffered by the Trustee in connection with
any claim, potential claim, action, suit or other proceeding brought against the Trustee involving any claim, or in connection
with any claim or demand which in any way arises out of or relates to this Agreement, the services of the Trustee hereunder, or
the Property or any income earned from investment of the Property, except for expenses and losses resulting from the Trustee’s
gross negligence or willful misconduct. Promptly after the receipt by the Trustee of notice of demand or claim or the commencement
of any action, suit or proceeding, pursuant to which the Trustee intends to seek indemnification under this paragraph, it shall
notify the Company in writing of such claim (hereinafter referred to as the “Indemnified Claim”). The Trustee shall
have the right to conduct and manage the defense against such Indemnified Claim, provided, that the Trustee shall obtain the consent
of the Company with respect to the selection of counsel, which consent shall not be unreasonably withheld. The Trustee may not
agree to settle any Indemnified Claim without the prior written consent of the Company, which consent shall not be unreasonably
withheld. The Company may participate in such action with its own counsel;

 

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(c)          Pay
the Trustee an initial acceptance fee, an annual fee and a transaction processing fee for each disbursement made pursuant to Section
2(a) as set forth on Schedule A hereto, which fees shall be subject to modification by the parties from time to time.
It is expressly understood that the Property shall not be used to pay such fees and further agreed that any fees owed to the Trustee
shall be deducted by the Trustee from the disbursements made to the Company pursuant to Section 1(i) solely in connection with
the consummation of a Business Combination. The Company shall pay the Trustee the initial acceptance
fee and first year’s fee at the consummation of the IPO and thereafter on the anniversary of the Effective Date;

 

(d)          In
connection with any vote of the Company’s stockholders regarding a Business Combination, provide to the Trustee an affidavit
or certificate of a firm regularly engaged in the business of soliciting proxies and/or tabulating stockholder votes verifying
the vote of the Company’s stockholders regarding such Business Combination; and

 

(e)          In
the event that the Company directs the Trustee to commence liquidation of the Trust Account pursuant to Section 1(i), the Company
agrees that it will not direct the Trustee to make any payments that are not specifically authorized by this Agreement.

 

(f)          If the Company seeks to amend any provisions of its amended and restated certificate of incorporation relating to stockholders’
rights or pre-Business Combination activity (including the time within which the Company has to complete a Business Combination)
(in each case, an “Amendment”), the Company will provide the Trustee with a letter (an “Amendment Notification
Letter”) in the form of Exhibit B providing instructions for the distribution of funds to Public Stockholders who exercise
their conversion option in connection with such Amendment.

 

(g)
          Within four (4) business days after Cantor Fitzgerald exercises the over-allotment option (or any unexercised portion thereof)
or such over-allotment expires, provide the Trustee with a notice in writing of the total amount of the Deferred Underwriting
Fee, which shall in no event be less than $3,000,000.

 

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4.          Limitations
of Liability. The Trustee shall have no responsibility or liability to:

 

(a)          Take
any action with respect to the Property, other than as directed in paragraphs 1 and 2 hereof and the Trustee shall have no liability
to any party except for liability arising out of its own gross negligence or willful misconduct;

 

(b)          Institute
any proceeding for the collection of any principal and income arising from, or institute, appear in or defend any proceeding of
any kind with respect to, any of the Property unless and until it shall have received instructions from the Company given as provided
herein to do so and the Company shall have advanced or guaranteed to it funds sufficient to pay any expenses incident thereto;

 

(c)          Change
the investment of any Property, other than in compliance with paragraph 1(c);

 

(d)          Refund
any depreciation in principal of any Property;

 

(e)          Assume
that the authority of any person designated by the Company to give instructions hereunder shall not be continuing unless provided
otherwise in such designation, or unless the Company shall have delivered a written revocation of such authority to the Trustee;

 

(f)          The
other parties hereto or to anyone else for any action taken or omitted by it, or any action suffered by it to be taken or omitted,
in good faith and in the exercise of its own best judgment, except for its gross negligence or willful misconduct. The Trustee
may rely conclusively and shall be protected in acting upon any order, notice, demand, certificate, opinion or advice of counsel
(including counsel chosen by the Trustee), statement, instrument, report or other paper or document (not only as to its due execution
and the validity and effectiveness of its provisions, but also as to the truth and acceptability of any information therein contained)
which is believed by the Trustee, in good faith, to be genuine and to be signed or presented by the proper person or persons.
The Trustee shall not be bound by any notice or demand, or any waiver, modification, termination or rescission of this Agreement
or any of the terms hereof, unless evidenced by a written instrument delivered to the Trustee signed by the proper party or parties
and, if the duties or rights of the Trustee are affected, unless it shall give its prior written consent thereto;

 

(g)          Verify
the correctness of the information set forth in the Registration Statement or to confirm or assure that any acquisition made by
the Company or any other action taken by it is as contemplated by the Registration Statement; and

 

(h)          File
local, state and/or Federal tax returns or information returns with any taxing authority on behalf of the Trust Account and payee
statements with the Company documenting the taxes, if any, payable by the Company or the Trust Account, relating to the income
earned on the Property.

 

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(i)          Pay
any taxes on behalf of the Trust Account (it being expressly understood that the Property shall not be used to pay any such taxes
and that such taxes, if any, shall be paid by the Company from funds not held in the Trust Account or released to it under Section
2(a) hereof).

 

(j)          Imply
obligations, perform duties, inquire or otherwise be subject to the provisions of any agreement or document other than this agreement
and that which is expressly set forth herein.

 

(k)          Verify
calculations, qualify or otherwise approve Company requests for distributions pursuant to Sections 1(i), 1(j) or 2(a) above.

 

5.          Trust
Account Waiver. The Trustee has no right of set-off or any right, title, interest or claim of any kind (“Claim”)
to, or to any monies in, the Trust Account, and hereby irrevocably waives any Claim to, or to any monies in, the Trust Account
that it may have now or in the future. In the event the Trustee has any Claim against the Company under this Agreement, including,
without limitation, under Section 3(b) or Section 3(c) hereof, the Trustee shall pursue such Claim solely against the Company
and its assets outside the Trust Account and not against the Property or any monies in the Trust Account

 

6.          Termination.
This Agreement shall terminate as follows:

 

(a)          If
the Trustee gives written notice to the Company that it desires to resign under this Agreement, the Company shall use its reasonable
efforts to locate a successor trustee during which time the Trustee shall act in accordance with this Agreement. At such time
that the Company notifies the Trustee that a successor trustee has been appointed by the Company and has agreed to become subject
to the terms of this Agreement, the Trustee shall transfer the management of the Trust Account to the successor trustee, including
but not limited to the transfer of copies of the reports and statements relating to the Trust Account, whereupon this Agreement
shall terminate; provided, however, that, in the event that the Company does not locate a successor trustee within ninety days
of receipt of the resignation notice from the Trustee, the Trustee may submit an application to have the Property deposited with
any court in the State of New York or with the United States District Court for the Southern District of New York and upon such
deposit, the Trustee shall be immune from any liability whatsoever; or

 

(b)          At
such time that the Trustee has completed the liquidation of the Trust Account in accordance with the provisions of paragraph 1(i)
hereof, and distributed the Property in accordance with the provisions of the Termination Letter, this Agreement shall terminate
except with respect to Paragraph 3(b).

 

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7.          Miscellaneous.

 

(a)          The
Company and the Trustee each acknowledge that the Trustee will follow the security procedures set forth below with respect to
funds transferred from the Trust Account. The Company and the Trustee will each restrict access to confidential information relating
to such security procedures to authorized persons. Each party must notify the other party immediately if it has reason to believe
unauthorized persons may have obtained access to such information, or of any change in its authorized personnel. In executing
funds transfers, the Trustee will rely upon all information supplied to it by the Company, including account names, account numbers
and all other identifying information relating to a beneficiary, beneficiary’s bank or intermediary bank. The Trustee shall
not be liable for any loss, liability or expense resulting from any error in the information or transmission of the wire.

 

(b)          This
Agreement shall be governed by and construed and enforced in accordance with the laws of the State of New York, without giving
effect to conflicts of law principles that would result in the application of the substantive laws of another jurisdiction. It
may be executed in several original or facsimile counterparts, each one of which shall constitute an original, and together shall
constitute but one instrument.

 

(c)          This
Agreement contains the entire agreement and understanding of the parties hereto with respect to the subject matter hereof. Except
for Section 1(i) (which may not be amended under any circumstances), this Agreement or any provision hereof may only be changed,
amended or modified by a writing signed by each of the parties hereto; provided, however, that no such change, amendment or modification
may be made without the prior written consent of Cantor Fitzgerald. As to any claim, cross-claim or counterclaim in any way relating
to this Agreement, each party waives the right to trial by jury. The Trustee may require from Company counsel an opinion as to
the propriety of any proposed amendment.

 

(d)          The
parties hereto consent to the jurisdiction and venue of any state or federal court located in the City of New York, Borough of
Manhattan, for purposes of resolving any disputes hereunder.

 

(e)          Any
notice, consent or request to be given in connection with any of the terms or provisions of this Agreement shall be in writing
and shall be sent by express mail or similar private courier service, by certified mail (return receipt requested), by hand delivery
or by facsimile transmission:

 

if
to the Trustee, to:

 

Continental
Stock Transfer

&
Trust Company

17
Battery Place

New
York, New York 10004

Attn:
Steven G. Nelson, Chairman, and Frank A. DiPaolo, CFO

Fax
No.: (212) 509-5150

 

    	7

    	 

    

 

if
to the Company, to:

 

Harmony
Merger Corp.

777
Third Avenue, 37th Floor

New
York, New York 10017

Attn:
Eric. S. Rosenfeld, Chairman and Chief Executive Officer

Fax No.:
(___) ___-____

 

in
either case with a copy to:

 

Cantor
Fitzgerald & Company

499
Park Avenue

New
York, New York 10022

Attn:
David Batalion

Fax
No.: (___) ___-____

 

(f)          This
Agreement may not be assigned by the Trustee without the prior consent of the Company.

 

(g)          Each
of the Trustee and the Company hereby represents that it has the full right and power and has been duly authorized to enter into
this Agreement and to perform its respective obligations as contemplated hereunder. The Trustee acknowledges and agrees that it
shall not make any claims or proceed against the Trust Account, including by way of set-off, and shall not be entitled to any
funds in the Trust Account under any circumstance. In the event that the Trustee has a claim against the Company under this Agreement,
the Trustee will pursue such claim solely against the Company and not against the Property held in the Trust Account.

 

(h)          Each
of the Company and the Trustee hereby acknowledge that Cantor Fitzgerald is a third party beneficiary of this Agreement.

 

[Signature
Page Follows]

 

    	8

    	 

    

 

IN WITNESS
WHEREOF, the parties have duly executed this Investment Management Trust Agreement as of the date first written above.

 

	 	CONTINENTAL STOCK TRANSFER &
    TRUST COMPANY, as Trustee
	 	 	 
	 	By:	 
	 	 	Name:
    Frank A. Di Paolo
	 	 	Title:
    Trust Officer
	 	 	 
	 	HARMONY MERGER CORP.
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title: 

 

    	9

    	 

    

 

SCHEDULE
A

 

	Fee
    Item	Time
    and method of payment 	Amount
	Initial
    acceptance fee	Initial
    closing of IPO by wire transfer 	$2,000
	Annual
    fee	First
    year, initial closing of IPO by wire transfer; thereafter on the anniversary of the effective date of the IPO by wire transfer
    or check	$10,000
	Transaction
    processing fee for disbursements to Company under Section 2	Deduction
    by Trustee from accumulated income following disbursement made to Company under Section 2	$250
	Paying
    Agent services as required pursuant to section 1(i) 	Billed
    to Company upon delivery of service pursuant to section 1(i) 	 

        Prevailing
        rates

         

 

    	10

    	 

    

 

EXHIBIT
A

 

[Letterhead
of Company]

 

[Insert
date]

 

Continental
Stock Transfer 

&
Trust Company

17
Battery Place

New
York, New York 10004

Attn:
Steven Nelson and Frank DiPaolo

 

Re:          Trust
Account No. [_________] - Termination Letter

 

Gentlemen:

 

Pursuant
to paragraph 1(i) of the Investment Management Trust Agreement between Harmony Merger Corp. (“Company”) and Continental
Stock Transfer & Trust Company (“Trustee”), dated as of __________, 2014 (“Trust Agreement”), this
is to advise you that the Company has entered into an agreement (“Business Agreement”) with __________________ (“Target
Business”) to consummate a business combination with Target Business (“Business Combination”) on or about [insert
date]. The Company shall notify you at least 48 hours in advance of the actual date of the consummation of the Business Combination
(“Consummation Date”). Capitalized terms used herein and not otherwise defined shall have the meanings set forth in
the Trust Agreement.

 

In
accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate the Trust Account investments on
__________ and to transfer the proceeds to the above-referenced account at  __________ to the effect that, on the
Consummation Date, all of funds held in the Trust Account will be immediately available for transfer to the account or
accounts that the Company shall direct on the Consummation Date. It is acknowledged and agreed that while the funds are on
deposit in the trust account awaiting distribution, the Company will not earn any interest or dividends.

 

On
the Consummation Date (i) counsel for the Company shall deliver to you written notification that the Business Combination has
been consummated and (ii) the Company shall deliver to you (a) [an affidavit] [a certificate] of __________________, which verifies
the vote of the Company’s stockholders in connection with the Business Combination if a vote is held and (b) joint written
instructions from it and Cantor Fitzgerald & Co. with respect to the transfer of the funds held in the Trust Account, including
payment of the Deferred Underwriting Fee from the Trust Account (“Instruction Letter”). You are hereby directed and
authorized to transfer the funds held in the Trust Account immediately upon your receipt of the counsel's letter and the Instruction
Letter, in accordance with the terms of the Instruction Letter. In the event that certain deposits held in the Trust Account may
not be liquidated by the Consummation Date without penalty, you will notify the Company of the same and the Company shall direct
you as to whether such funds should remain in the Trust Account and distributed after the Consummation Date to the Company. Upon
the distribution of all the funds in the Trust Account pursuant to the terms hereof, the Trust Agreement shall be terminated.

 

In
the event that the Business Combination is not consummated on the Consummation Date described in the notice thereof and we have
not notified you on or before the original Consummation Date of a new Consummation Date, then upon receipt by the Trustee of written
instructions from the Company, the funds held in the Trust Account shall be reinvested as provided in the Trust Agreement on the
business day immediately following the Consummation Date as set forth in the notice.

 

	 	 	 	Very truly yours,
	 	 	 	 	 
	 	 	 	HARMONY MERGER CORP.
	 	 	 	 	 
	 	 	 	By:	 
	 	 	 	 	Eric S. Rosenfeld, Chairman of the Board
	 	 	 	 	 
	 	 	 	By:	 
	 	 	 	 	David D. Sgro, Chief Operating Officer
	 	 	 	 	 
	AGREED TO AND	 	 	 
	ACKNOWLEDGED BY	 	 	 
	 	 	 	 	 
	CANTOR FITZGERALD & CO.	 	 	 
	 	 	 	 	 
	By:	 	 	 	 

 

    	11

    	 

    

 

 

EXHIBIT
B

 

[Letterhead
of Company]

 

[Insert
date]

 

Continental
Stock Transfer 

&
Trust Company

17
Battery Place

New
York, New York 10004

Attn:
Steven Nelson and Frank DiPaolo

 

Re:          Trust
Account No. [________] - Termination Letter

 

Gentlemen:

 

Reference
is made to the Investment Management Trust Agreement between Harmony Merger Corp. (“Company”) and Continental Stock
Transfer & Trust Company, dated as of _______, 2014 (“Trust Agreement”). Capitalized words used herein and not
otherwise defined shall have the meanings ascribed to them in the Trust Agreement.

 

Pursuant
to Section 1(j) of the Trust Agreement, this is to advise you that the Company has sought an Amendment. Accordingly, in accordance
with the terms of the Trust Agreement, we hereby authorize you to liquidate the Trust Account on [       ] and to transfer $_____ of
the proceeds of the Trust to the checking account at [       ] for distribution to the stockholders that have requested conversion of
their shares in connection with such Amendment. The remaining funds shall be reinvested by you as previously instructed.

 

	 	Very truly yours,
	 	 	 
	 	HARMONY MERGER CORP.
	 	 	 
	 	By:	 
	 	 	Eric S. Rosenfeld, Chairman of the Board
	 	 	 
	 	By:	 
	 	 	David D. Sgro, Chief Operating Officer
	 	 	 
	cc: Cantor Fitzgerald & Co.	 	 

 

    	12

    	 

    

EXHIBIT
C

 

[Letterhead
of Company]

 

[Insert
date]

 

Continental
Stock Transfer 

&
Trust Company

17
Battery Place

New
York, New York 10004

Attn:
Steven Nelson and Frank DiPaolo

 

Re:          Trust
Account No. [________] - Termination Letter

 

Gentlemen:

 

Pursuant
to paragraph 1(i) of the Investment Management Trust Agreement between Harmony Merger Corp. (“Company”) and Continental
Stock Transfer & Trust Company (“Trustee”), dated as of  , 2014 (“Trust Agreement”), this
is to advise you that the Company has been unable to effect a Business Combination with a Target Company within the time frame
specified in the Company’s Amended and Restated Certificate of Incorporation, as described in the Company’s prospectus
relating to its IPO. Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Trust
Agreement.

 

In
accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate all the Trust Account investments on ______________
and to transfer the total proceeds to the Trust Checking Account at ________ to await distribution to the Public Stockholders.
The Company has selected ____________, 20__ as the record date for the purpose of determining the Public Stockholders entitled
to receive their share of the liquidation proceeds. It is acknowledged that no interest will be earned by the Company on the liquidation
proceeds while on deposit in the Trust Checking Account. You agree to be the Paying Agent of record and in your separate capacity
as Paying Agent, to distribute said funds directly to the Public Stockholders in accordance with the terms of the Trust Agreement
and the Amended and Restated Certificate of Incorporation of the Company. Upon the distribution of all the funds in the Trust
Account, your obligations under the Trust Agreement shall be terminated.

 

	 	Very truly yours,
	 	 	 
	 	HARMONY MERGER CORP.
	 	 	 
	 	By:	 
	 	 	Eric S. Rosenfeld, Chairman of the Board
	 	 	 
	 	By:	 
	 	 	David D. Sgro, Chief Operating Officer
	 	 	 
	cc: Cantor Fitzgerald & Co.	 	 

 

    	13

    	 

    

 

EXHIBIT
D

 

[Letterhead
of Company]

 

[Insert
date]

 

Continental
Stock Transfer 

&
Trust Company

17
Battery Place

New
York, New York 10004

Attn:
Frank Di Paolo and Cynthia Jordan

 

Re:          Trust
Account No. [________] 

 

Gentlemen:

 

Pursuant
to paragraph 2(a) of the Investment Management Trust Agreement between Harmony Merger Corp. (“Company”) and Continental
Stock Transfer & Trust Company (“Trustee”), dated as of ________, 2014 (“Trust Agreement”), the
Company hereby requests that you deliver to the Company $_______ of the interest income earned on the Property as of the date
hereof. The Company needs such funds to pay for its tax obligations. In accordance with the terms of the Trust Agreement, you
are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter to the
Company’s operating account at:

 

[WIRE
INSTRUCTION INFORMATION]

 

	 	HARMONY MERGER CORP.
	 	 	 
	 	By:	 
	 	 	Eric S. Rosenfeld, Chairman of the Board
	 	 	 
	 	By:	 
	 	 	David D. Sgro, Chief Operating Officer
	 	 	 
	cc: Cantor Fitzgerald & Co.	 	 

 

    	14Exhibit 10.6

 

Amended and Restated as of June 23, 2014

 

Harmony Merger Corp.

777 Third Avenue, 37th Floor

New York, New York 10017

 

Gentlemen:

 

     Harmony Merger Corp. (“Corporation”),
a blank check company formed for the purpose of acquiring one or more businesses or entities (a “Business Combination”),
intends to register its securities under the Securities Act of 1933, as amended (“Securities Act”), in connection
with its initial public offering (“IPO”).

 

The undersigned hereby commits to purchase
an aggregate of ____ shares (“Insider Shares”) of Common Stock, par value $.0001 per share (“Common Stock”),
of the Corporation at approximately $0.0087 per Insider Share, for an aggregate purchase price of $____, which amount is being
delivered to the Corporation simultaneously with the execution of this letter. The undersigned acknowledges and agrees that if
the underwriters in the IPO determine the size of the offering should be increased or decreased, the undersigned will either receive
a dividend on its Insider Shares or contribute a portion of the Insider Shares back to capital, as applicable, in order to maintain
the aggregate ownership of the Corporation’s initial stockholders at a certain percentage of the number of shares to be sold
in the IPO.

The undersigned
further commits to purchase an aggregate of ____ units of the Corporation (“Insider Units”), each Insider Unit
consisting of one share of Common Stock and one warrant (“Private Warrant”) to purchase three-fourths of one share of Common Stock for $11.50 per whole share, for an aggregate
purchase price of $____ (the “Initial Purchase Price”). Additionally, if the underwriters in the IPO exercise
their over-allotment option in full or part, the undersigned further commits to purchase up to an additional ____ Insider
Units at $10.00 per Insider Unit for an aggregate purchase price of $____ (the “Over-Allotment Purchase Price”
and together with the Initial Purchase Price, the “Purchase Price”). Simultaneously with the execution of this
agreement, the undersigned will cause the Purchase Price to be delivered to Graubard Miller (“GM”), counsel for
the Corporation, by wire transfer as set forth in the instructions attached as Exhibit A to hold in an interest bearing
account until the Corporation consummates the IPO and over-allotment option, if any, together with an originally executed
Form W-9, W-8BEN or W-81MY, as applicable. The undersigned acknowledges and agrees that if the underwriters in the IPO
determine that additional Insider Units must be purchased in order to consummate the IPO based on market conditions at that
time, the undersigned will purchase a proportionate number of additional Insider Units, pro rata with the other holders of
Insider Units. If additional purchases are necessary, the undersigned agrees that it will deliver the purchase price for such
additional Insider Units to GM as promptly as is reasonably practicable following written notice from the Corporation of such
decision. In the event that the undersigned does not purchase all or any portion of such additional Insider Units and
breaches the purchase obligations set forth above, the other purchasers of the Insider Units will have the ability, but not
the obligation, to satisfy the undersigned’s purchase obligation (and if they do, then the undersigned will sell, at
the original cost, the Insider Shares held by the undersigned to the other purchasers of Insider Units who satisfy the
undersigned’s purchase obligation).

    	1

    	 

    

The consummation of the purchase and issuance
of the Insider Units shall occur simultaneously with the consummation of the IPO and over-allotment option, as applicable. Simultaneously
with the consummation of the IPO, GM shall (i) deposit the Initial Purchase Price, without interest or deduction, into the trust
fund (“Trust Fund”) established by the Corporation for the benefit of the Corporation’s public stockholders as
described in the Corporation’s registration statement filed in connection with the IPO (“Registration Statement”)
and (ii) deliver all interest earned on the Initial Purchase Price to the undersigned. Simultaneously with the consummation of
all or any part of the over-allotment option, GM shall (i) deposit the pro-rata portion of the Over-Allotment Purchase Price, based
upon the amount of the over-allotment option that has been exercised, without interest or deduction, into the Trust Fund and (ii)
deliver all interest then earned on the Over-Allotment Purchase Price to the undersigned. Upon expiration of the over-allotment
option, GM shall return any unused portion of the Over-Allotment Purchase Price to the undersigned, together with any remaining
interest earned on the Over-Allotment Purchase Price. If the Corporation does not complete the IPO within six (6) months from the
date of this letter (subject to a six (6) month extension at the Corporation’s option in its sole discretion), the Purchase
Price (plus interest earned thereon) will be returned to the undersigned.

Each of the Corporation and the undersigned
acknowledges and agrees that GM is serving hereunder solely as a convenience to the parties to facilitate the purchase of the Insider
Units and GM’s sole obligation under this letter agreement is to act with respect to holding and disbursing the Purchase
Price for the Insider Units as described above. GM shall not be liable to the Corporation or the undersigned or any other person
or entity in respect of any act or failure to act hereunder or otherwise in connection with performing its services hereunder unless
GM has acted in a manner constituting gross negligence or willful misconduct. The Corporation shall indemnify GM against any claim
made against it (including reasonable attorney’s fees) by reason of it acting or failing to act in connection with this letter
agreement except as a result of its gross negligence or willful misconduct. GM may rely and shall be protected in acting or refraining
from acting upon any written notice, instruction or request furnished to it hereunder and believed by it to be genuine and to have
been signed or presented by the proper party or parties.

The Insider Shares will be identical to the shares
of Common Stock included in the units to be sold by the Corporation in the IPO, and the Insider Units will be identical to the
units to be sold by the Corporation in the IPO, except that:

 

		·	up to ____ of the Insider Shares will be subject to forfeiture to the extent that the underwriters do not exercise their over-allotment
option in the IPO in full;

 

		·	the undersigned agrees to vote the Insider Shares and shares of Common Stock included in the Insider Units in favor of any
proposed Business Combination;

 

		·	the Insider Shares will be placed in escrow, subject to the terms of an escrow agreement reasonably acceptable to the undersigned,
and will not be released (subject to certain exceptions) until (A) the earlier of one year after the completion of a Business Combination
and the date on which the closing price of the Common Stock exceeds $12.50 for any 20 trading days within a 30-trading day period
following the completion of a Business Combination with respect to 50% of the Insider Shares and (B) one year after the completion
of a Business Combination with respect to the remaining 50% of the Insider Shares, and may only be transferred during this time
period (i) amongst the initial purchasers of the Insider Shares, to the Corporation’s officers, directors and employees,
to a holder’s affiliates, or to its members upon its liquidation, (ii) to relatives and trusts for estate planning purposes,
(iii) by virtue of the laws of descent and distribution upon death, (iv) pursuant to a qualified domestic relations order, (v)
by private sales made in connection with the consummation of a Business Combination at prices no greater than the price at which
the Insider Shares were originally purchased or (vi) to the Corporation for cancellation in connection with the consummation of
a Business Combination, in each case (except for clause (vi)) where the transferee agrees to the terms of the escrow agreement and the voting requirements set forth in the
immediately preceding bullet;

 

    	2

    	 

    

 

		·	the Insider Units and underlying securities will not be transferable (except (i) amongst the initial purchasers of the Sponsor
Shares, to the Corporation’s officers, directors and employees, to a holder’s affiliates, or to its members upon its
liquidation, (ii) to relatives and trusts for estate planning purposes, (iii) by virtue of the laws of descent and distribution
upon death, (iv) pursuant to a qualified domestic relations order, (v) by private sales made in connection with the consummation
of a Business Combination at prices no greater than the price at which the Insider Units were originally purchased or (vi) to the
Corporation for cancellation in connection with the consummation of a Business Combination, in each case (except for clause (vi))
where the transferee agrees to the terms of the transfer restrictions) until after the completion of a Business Combination;

 

		·	the
Private Warrants will be non-redeemable and may be exercised on a cashless basis, in each case so long as they continue
to be held by the undersigned or its permitted transferees;

 

		·	the Insider Shares and Insider Units will be subject to customary registration rights, which shall be described in the Registration
Statement;

 

		·	the undersigned will not participate in any liquidation distribution with respect to the Insider Shares or Insider Units (but
will participate in liquidation distributions with respect to any units or shares of Common Stock purchased by the undersigned
in the IPO or in the open market) if the Corporation fails to consummate a Business Combination; and

 

		·	the Insider Shares and Insider Units will include any additional terms or restrictions as is customary in other similarly structured
blank check company offerings or as may be reasonably required by the underwriters in the IPO in order to consummate the IPO, each
of which will be set forth in the Registration Statement.

 

The undersigned further acknowledges and agrees
that if, in order to consummate any Business Combination, the holders of Insider Shares or Insider Units are required to contribute
back to the capital of the Corporation a portion of any such securities to be cancelled by the Corporation, the undersigned will
contribute back to the capital of the Corporation a proportionate number of Insider Shares or Insider Units, as applicable, pro
rata with the other holders of Insider Shares or Insider Units, as applicable.

 

    	3

    	 

    

 

The undersigned acknowledges and agrees
that it will execute agreements in form and substance typical for transactions of this nature necessary to effectuate the foregoing
agreements and obligations prior to the consummation of the IPO as are reasonably acceptable to the undersigned, including but
not limited to (i) an insider letter, (ii) an escrow agreement and (iii) a registration rights agreement.

The undersigned hereby represents and warrants
that, as applicable:

		(a)	it has been advised that the Insider Shares and Insider Units have not been registered under the Securities Act;

		(b)	it is acquiring the Insider Shares and Insider Units for its account for investment purposes only;

		(c)	it has no present intention of selling or otherwise disposing of the Insider Shares and Insider Units in violation of the securities
laws of the United States;

		(d)	it is an “accredited investor” as defined by Rule 501 of Regulation D promulgated under the Securities Act of 1933,
as amended;

		(e)	it has had both the opportunity to ask questions and receive answers from the officers and directors of the Corporation and
all persons acting on its behalf concerning the terms and conditions of the offer made hereunder; and

		(f)	it is familiar with the proposed business, management, financial condition and affairs of the Corporation.

		(g)	it has full power, authority and legal capacity to execute and deliver this letter and any documents contemplated herein or
needed to consummate the transactions contemplated in this letter; and

		(h)	this letter constitutes its respective legal, valid and binding obligation, and is enforceable against it.

 

	 	 	Very truly yours,
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

Accepted and Agreed:

 

Harmony Merger Corp.

 

 

	By:	 	 
	 	Name: Eric S. Rosenfeld	 
	 	Title: Chief Executive Officer	 
	 	 	 
	Graubard Miller

(solely with respect to its obligations to hold

and disburse monies for the Insider Units)

	 
	 	 	 
	By:	 	 
	 	Name: Jeffrey M. Gallant	 
	 	Title: Partner	 

 

 

4

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