Document:

EX-4.2

 Exhibit 4.2 

GIGCAPITAL2, INC. 
 and 

CONTINENTAL STOCK TRANSFER & TRUST COMPANY 

RIGHT AGREEMENT 
 THIS RIGHT
AGREEMENT (this “Agreement”) is made as of June 10, 2019 is by and between GigCapital2, Inc., a Delaware corporation (the “Company”), and Continental Stock Transfer & Trust Company, a New
York corporation (the “Rights Agent”). 
 WHEREAS, the Company is engaged in an initial public offering (the
“Offering”) of units of the Company’s equity securities (the “Public Units”) to EarlyBirdCapital, Inc., a Delaware corporation (the “Representative”), as representative of
the several underwriters (the “Underwriters”), each such Public Unit comprised of one share of the common stock, par value $0.0001 per share (“Common Stock”), of the Company, one right to receive one-twentieth (1/20) of one share of Common Stock (the “Rights”) upon the happening of an “Exchange Event” (defined herein), and one warrant, each warrant entitling
the holder to purchase one share of Common Stock at an exercise price of $11.50 (collectively, the “Public Warrants”), and in connection therewith, has determined to issue and deliver up to 17,250,000 Rights (including up to
2,250,000 Rights subject to the exercise of the underwriters’ over-allotment option) to investors in the Offering; and 
 WHEREAS, the
Company has filed registration statements on Form S-1, File Nos. 333-231337 and 333-231979, and the prospectus forming a part
thereof (collectively, the “Registration Statement”), with the Securities and Exchange Commission, for the registration under the Securities Act of 1933, as amended (the “Securities Act”), of the Units
and each of the securities comprising the Units, and the shares of Common Stock underlying the Rights; and 
 WHEREAS, the Company has
entered into Unit Purchase Agreements dated as of June 5, 2019 (the “Private Placement Agreements”), with each of GigAcquisitions2 LLC, a Delaware limited liability company (“Sponsor”), the
Representative, and Northland Gig 2 Investment LLC, a Delaware limited liability company (“Northland” and, collectively with Sponsor and the Representative, the “Founders”), pursuant to which the
Founders have agreed to purchase an aggregate of 492,500 units (the “Private Placement Units”), each such unit comprised of one share of Common Stock, one Right, and one warrant, each warrant entitling the holder to purchase
one share of Common Stock at an exercise price of $11.50 (collectively, the “Private Placement Warrants”), simultaneously with the closing of the Offering (as defined above) and up to 75,000 additional Private Placement Units
in connection with the exercise of the underwriter’s over-allotment option, if any, for a purchase price of $10.00 per unit, and in connection therewith, has determined to issue and deliver up to 492,500 Rights (including up to 75,000 Rights
subject to the exercise of the underwriters’ over-allotment option) to investors in the Offering; 
 WHEREAS, in order to finance the
Company’s transaction costs in connection with an intended Business Combination (as defined below), Sponsor or any of its affiliates, or certain of the Company’s executive officers, directors or director nominees, may loan to the Company
funds as the Company may require, of which up to $1,500,000 of such loans may be convertible into up to an additional 1,500,000 Private Placement Units at a price of $10.00 per unit; 

WHEREAS, the Company desires the Rights Agent to act on behalf of the Company, and the Rights Agent is willing to so act, in connection with
the issuance, registration, transfer and exchange of the Rights; and 

  
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 WHEREAS, the Company desires to provide for the form and provisions of the Rights, the terms
upon which they shall be issued, and the respective rights, limitation of rights, and immunities of the Company, the Rights Agent, and the holders of the Rights; and 

WHEREAS, all acts and things have been done and performed which are necessary to make the Rights, when executed on behalf of the Company and
countersigned by or on behalf of the Rights Agent, as provided herein, the valid, binding and legal obligations of the Company, and to authorize the execution and delivery of this Agreement. 

NOW, THEREFORE, in consideration of the mutual agreements herein contained, the parties hereto agree as follows: 

1. Appointment of Rights Agent. The Company hereby appoints the Rights Agent to act as agent for the Company for the Rights, and the
Rights Agent hereby accepts such appointment and agrees to perform the same in accordance with the terms and conditions set forth in this Agreement. 

2. Rights. 
 2.1 Form of
Right. Each Right shall be issued in registered form only, shall be in substantially the form of Exhibit A hereto, the provisions of which are incorporated herein and shall be signed by, or bear the facsimile signature of, the President
of the Company and the Secretary of the Company, who may be the same person, and shall bear a facsimile of the Company’s seal, if any. In the event the person whose facsimile signature has been placed upon any Right shall have ceased to serve
in the capacity in which such person signed the Right before such Right is issued, it may be issued with the same effect as if he or she had not ceased to be such at the date of issuance. 

2.2 Effect of Countersignature. Unless and until countersigned by the Rights Agent pursuant to this Agreement, a Right shall be invalid
and of no effect and may not be exchanged for shares of Common Stock. 
 2.3 Registration. 

2.3.1 Right Register. The Rights Agent shall maintain books (“Right Register”) for the
registration of original issuance and the registration of transfer of the Rights. Upon the initial issuance of the Rights, the Rights Agent shall issue and register the Rights in the names of the respective holders thereof in such denominations and
otherwise in accordance with instructions delivered to the Rights Agent by the Company. 
 2.3.2 Registered Holder.
Prior to due presentment for registration of transfer of any Right, the Company and the Rights Agent may deem and treat the person in whose name such Right shall be registered upon the Right Register (“registered holder”) as
the absolute owner of such Right and of each Right represented thereby (notwithstanding any notation of ownership or other writing on the Right Certificate made by anyone other than the Company or the Rights Agent), for the purpose of the exchange
thereof, and for all other purposes, and neither the Company nor the Rights Agent shall be affected by any notice to the contrary. 

  
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 2.4 Detachability of Rights. The securities comprising the Public Units, including
the Rights, will be separately transferable beginning on the 52nd day following the date of the Prospectus, unless the Representative informs the Company of its decision to allow separate earlier trading, subject to the Company having filed a
Current Report on Form 8-K which includes an audited balance sheet reflecting the receipt by the Company of the gross proceeds of the Offering including the proceeds received by the Company from the exercise
of the over-allotment option, if the over-allotment option is exercised by the date thereof, and the Company issues a press release announcing when such separate trading shall begin. 

3. Terms and Exchange of Rights. 

3.1 Rights. Each Right shall entitle the holder thereof to receive one-twentieth (1/20) of one
share of Common Stock upon the happening of an Exchange Event (defined below). No additional consideration shall be paid by a holder of Rights in order to receive his, her or its shares of Common Stock upon an Exchange Event as the purchase price
for such shares of Common Stock has been included in the purchase price for the Public Units and the Private Units, as applicable. In no event will the Company be required to net cash settle the Rights. The provisions of this
Section 3.1 may not be modified, amended or deleted without the prior written consent of the Representative. 
 3.2
Exchange Event. An “Exchange Event” shall occur upon the Company’s consummation of an initial Business Combination (as defined in the Company’s Amended and Restated Certificate of Incorporation, as filed with
the Secretary of State of the State of Delaware). 
 3.3 Exchange of Rights. 

3.3.1 Issuance of Certificates. As soon as practicable upon the occurrence of an Exchange Event, the Company shall
direct holders of the Rights to return their Rights Certificates to the Rights Agent. Upon receipt of a valid Rights Certificate, the Company shall issue to the registered holder of such Right(s) a certificate or certificates for the number of full
shares of Common Stock to which he, she or it is entitled, registered in such name or names as may be directed by him, her or it. Notwithstanding the foregoing, or any provision contained in this Agreement to the contrary, in no event will the
Company be required to net cash settle the Rights. The Company shall not issue fractional shares upon exchange of Rights. At the time of an Exchange Event, the Company will either instruct the Rights Agent to round up to the nearest whole share of
Common Stock or otherwise inform it how fractional shares will be addressed, in accordance with Section 155 of the Delaware General Corporation Law. Each holder of a Right will be required to affirmatively convert his, her or its rights in
order to receive the one-twentieth (1/20) of a share underlying each right (without paying any additional consideration) upon consummation of the Exchange Event. Each holder of a Right will be required to
indicate his, her or its election to convert the Rights into the underlying shares as well as to return the original certificates evidencing the Rights to the Company. 

3.3.2 Valid Issuance. All shares of Common Stock issued upon an exchange of Rights in conformity with this Agreement
shall be validly issued, fully paid and nonassessable. 
 3.3.3 Date of Issuance. Each person in whose name any such
certificate for shares of Common Stock is issued shall for all purposes be deemed to have become the holder of record of such shares on the date of the Exchange Event, irrespective of the date of delivery of such certificate. 

  
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 3.3.4 Company Not Surviving Following Exchange Event. Upon an
Exchange Event in which the Company does not continue as the publicly held reporting entity, the definitive agreement will provide for the holders of Rights to receive the same per share consideration the holders of the shares of Common Stock will
receive in such transaction, for the number of shares such holder is entitled to pursuant to Section 3.3.1 above. 

3.4 Duration of Rights. If an Exchange Event does not occur within the time period set forth in the Company’s Certificate of
Incorporation, as the same may be amended from time to time, the Rights shall expire and shall be worthless. 
 4. Transfer and Exchange
of Rights. 
 4.1 Registration of Transfer. The Rights Agent shall register the transfer, from time to time, of any outstanding
Right upon the Right Register, upon surrender of such Right for transfer, properly endorsed with signatures properly guaranteed and accompanied by appropriate instructions for transfer. Upon any such transfer, a new Right representing an equal
aggregate number of Rights shall be issued and the old Right shall be cancelled by the Rights Agent. The Rights so cancelled shall be delivered by the Rights Agent to the Company from time to time upon request. 

4.2 Procedure for Surrender of Rights. Rights may be surrendered to the Rights Agent, together with a written request for exchange or
transfer, and thereupon the Rights Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the
event that a Right surrendered for transfer bears a restrictive legend, the Rights Agent shall not cancel such Right and issue new Rights in exchange therefor until the Rights Agent has received an opinion of counsel for the Company, which may be
its internal legal counsel, stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend. 

4.3 Fractional Rights. The Rights Agent shall not be required to effect any registration of transfer or exchange which will result in
the issuance of a Right Certificate for a fraction of a Right. 
 4.4 Service Charges. No service charge shall be made for any
exchange or registration of transfer of Rights. 
 4.5 Right Execution and Countersignature. The Rights Agent is hereby authorized to
countersign and to deliver, in accordance with the terms of this Agreement, the Rights required to be issued pursuant to the provisions of this Section 4, and the Company, whenever required by the Rights Agent, will supply
the Rights Agent with Rights duly executed on behalf of the Company for such purpose. 
 5. Other Provisions Relating to Rights of Holders
of Rights. 
 5.1 No Rights as Stockholder. Until exchange of a Right for shares of Common Stock as provided for herein, a Right
does not entitle the registered holder thereof to any of the rights of a stockholder of the Company, including, without limitation, the right to receive dividends, or other distributions, exercise any preemptive rights to vote or to consent or to
receive notice as stockholders in respect of the meetings of stockholders or the election of directors of the Company or any other matter. 

5.2 Lost, Stolen, Mutilated, or Destroyed Rights. If any Right is lost, stolen, mutilated, or destroyed, the Company and the Rights
Agent may on such terms as to indemnity or otherwise as they may in their discretion impose (which shall, in the case of a mutilated Right, include the surrender 

  
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thereof), issue a new Right of like denomination, tenor, and date as the Right so lost, stolen, mutilated, or destroyed. Any such new Right shall constitute a substitute contractual obligation of
the Company, whether or not the allegedly lost, stolen, mutilated, or destroyed Right shall be at any time enforceable by anyone. 
 5.3
Reservation of Common Stock. The Company shall at all times reserve and keep available a number of its authorized but unissued shares of Common Stock that will be sufficient to permit the exchange of all outstanding Rights issued pursuant to
this Agreement. 
 6. Concerning the Rights Agent and Other Matters. 

6.1 Payment of Taxes. The Company will from time to time promptly pay all taxes and charges that may be imposed upon the Company or the
Rights Agent in respect of the issuance or delivery of shares of Common Stock upon the exchange of Rights, but the Company shall not be obligated to pay any transfer taxes in respect of the Rights or such shares. 

6.2 Resignation, Consolidation, or Merger of Rights Agent. 

6.2.1 Appointment of Successor Rights Agent. The Rights Agent, or any successor to it hereafter appointed, may resign
its duties and be discharged from all further duties and liabilities hereunder after giving sixty (60) days’ notice in writing to the Company. If the office of the Rights Agent becomes vacant by resignation or in capacity to act or
otherwise, the Company shall appoint in writing a successor Rights Agent in place of the Rights Agent. If the Company shall fail to make such appointment within a period of thirty (30) days after it has been notified in writing of such
resignation or in capacity by the Rights Agent or by the holder of the Right (who shall, with such notice, submit his, her or its Right for inspection by the Company), then the holder of any Right may apply to the Supreme Court of the State of New
York for the County of New York for the appointment of a successor Rights Agent at the Company’s cost. Any successor Rights Agent, whether appointed by the Company or by such court, shall be a corporation organized and existing under the laws
of the State of New York, in good standing and having its principal office in the Borough of Manhattan, City and State of New York, and authorized under such laws to exercise corporate trust powers and subject to supervision or examination by
federal or state authority. After appointment, any successor Rights Agent shall be vested with all the authority, powers, rights, immunities, duties, and obligations of its predecessor Rights Agent with like effect as if originally named as Rights
Agent hereunder, without any further act or deed; but if for any reason it becomes necessary or appropriate, the predecessor Rights Agent shall execute and deliver, at the expense of the Company, an instrument transferring to such successor Rights
Agent all the authority, powers, and rights of such predecessor Rights Agent hereunder; and upon request of any successor Rights Agent the Company shall make, execute, acknowledge, and deliver any and all instruments in writing for more fully and
effectually vesting in and confirming to such successor Rights Agent all such authority, powers, rights, immunities, duties, and obligations. 

6.2.2 Notice of Successor Rights Agent. In the event a successor Rights Agent shall be appointed, the Company shall give
notice thereof to the predecessor Rights Agent and the transfer agent for the Common Stock not later than the effective date of any such appointment. 

  
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 6.2.3 Merger or Consolidation of Rights Agent. Any corporation into
which the Rights Agent may be merged or with which it may be consolidated or any corporation resulting from any merger or consolidation to which the Rights Agent shall be a party shall be the successor Rights Agent under this Agreement without any
further act. 
 6.3 Fees and Expenses of Rights Agent. 

6.3.1 Remuneration. The Company agrees to pay the Rights Agent reasonable remuneration for its services as such Rights
Agent hereunder and will reimburse the Rights Agent promptly upon demand for all expenditures that the Rights Agent may reasonably incur in the execution of its duties hereunder. 

6.3.2 Further Assurances. The Company agrees to perform, execute, acknowledge, and deliver or cause to be performed,
executed, acknowledged, and delivered all such further and other acts, instruments, and assurances as may reasonably be required by the Rights Agent for the carrying out or performing of the provisions of this Agreement. 

6.4 Liability of Rights Agent. 

6.4.1 Reliance on Company Statement. Whenever in the performance of its duties under this Agreement, the Rights Agent
shall deem it necessary or desirable that any fact or matter be proved or established by the Company prior to taking or suffering any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed)
may be deemed to be conclusively proved and established by a statement signed by the Chief Executive Officer, Chief Operating Officer or Chief Financial Officer and delivered to the Rights Agent. The Rights Agent may rely upon such statement for any
action taken or suffered in good faith by it pursuant to the provisions of this Agreement. 
 6.4.2 Indemnity. The
Rights Agent shall be liable hereunder only for its own gross negligence, willful misconduct or bad faith. Subject to Section 6.6 below, the Company agrees to indemnify the Rights Agent and save it harmless against any and
all liabilities, including judgments, costs and reasonable counsel fees, for anything done or omitted by the Rights Agent in the execution of this Agreement except as a result of the Rights Agent’s gross negligence, willful misconduct, or bad
faith. 
 6.4.3 Exclusions. The Rights Agent shall have no responsibility with respect to the validity of this
Agreement or with respect to the validity or execution of any Right (except its countersignature thereof); nor shall it be responsible for any breach by the Company of any covenant or condition contained in this Agreement or in any Right; nor shall
it by any act hereunder be deemed to make any representation or warranty as to the authorization or reservation of any Common Stock to be issued pursuant to this Agreement or any Right or as to whether any Common Stock will when issued be valid and
fully paid and nonassessable. 
 6.5 Acceptance of Agency. The Rights Agent hereby accepts the agency established by this Agreement
and agrees to perform the same upon the terms and conditions herein set forth. 

  
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 6.6 Trust Waiver. Notwithstanding anything to the contrary herein, the Rights Agent
hereby waives any and all right, title, interest or claim of any kind (“Claim”) in or to any distribution from the trust account in which the proceeds of the Offering will be deposited (the “Trust
Account”) and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the Trust Account for any reason whatsoever. 

7. Miscellaneous Provisions. 

7.1 Successors. All the covenants and provisions of this Agreement by or for the benefit of the Company or the Rights Agent shall bind
and inure to the benefit of their respective successors and assigns. 
 7.2 Notices. Any notice, statement or demand authorized by
this Agreement to be given or made by the Rights Agent or by the holder of any Right to or on the Company shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified mail or private courier service within
five (5) days after deposit of such notice, postage prepaid, addressed (until another address is filed in writing by the Company with the Rights Agent), as follows: 

GigCapital2, Inc. 
 2479 E. Bayshore Rd., Suite 200 

Palo Alto, CA 94303 
 Attn: Dr. Avi S. Katz 

Any notice, statement or demand authorized by this Agreement to be given or made by the holder of any Right or by the Company to or on the
Rights Agent shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified mail or private courier service within five days after deposit of such notice, postage prepaid, addressed (until another address is
filed in writing by the Rights Agent with the Company), as follows: 
 Continental Stock Transfer & Trust Company 

1 State Street Plaza, 30th Floor 

New York, NY 10004 
 Attention: Compliance Department 

7.3 Applicable Law. The validity, interpretation, and performance of this Agreement and of the Rights shall be governed in all respects
by 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. The Company hereby agrees that any action, proceeding or claim against
it arising out of or relating in any way to this Agreement shall be brought and enforced in the courts of the State of New York or the United States District Court for the Southern District of New York, and irrevocably submits to such jurisdiction,
which jurisdiction shall be exclusive. The Company hereby waives any objection to such exclusive jurisdiction and that such courts represent an inconvenient forum. Any such process or summons to be served upon the Company may be served by
transmitting a copy thereof by registered or certified mail, return receipt requested, postage prepaid, addressed to it at the address set forth in Section 7.2 hereof. Such mailing shall be deemed personal service and shall be legal and binding
upon the Company in any action, proceeding or claim. 
 7.4 Persons Having Rights under this Agreement. Nothing in this Agreement
expressed and nothing that may be implied from any of the provisions hereof is intended, or shall be construed, to confer upon, or give to, any person or corporation other than the parties hereto and the registered holders of the Rights and, for the
purposes of Sections 3.1, 7.4 and 7.8 hereof; the Representative, any right, remedy, or claim under or by reason of this Agreement or of any covenant, condition, stipulation, 

  
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promise, or agreement hereof. The Representative shall be deemed to be a third-party beneficiary of this Agreement with respect to Sections 3.1, 7.4 and 7.8 hereof. All
covenants, conditions, stipulations, promises, and agreements contained in this Agreement shall be for the sole and exclusive benefit of the parties hereto (and the Representative with respect to the Sections 3.1, 7.4 and 7.8
hereof) and their successors and assigns and of the registered holders of the Rights. The provisions of this Section 7.4 may not be modified, amended or deleted without the prior written consent of the Representative. 

7.5 Examination of the Right Agreement. A copy of this Agreement shall be available at all reasonable times at the office of the Rights
Agent in the Borough of Manhattan, City and State of New York, for inspection by the registered holder of any Right. The Rights Agent may require any such holder to submit his, her or its Right for inspection by it. 

7.6 Counterparts. This Agreement may be executed in any number of original or facsimile counterparts and each of such counterparts shall
for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument. 
 7.7
Effect of Headings. The Section headings herein are for convenience only and are not part of this Agreement and shall not affect the interpretation thereof. 

7.8 Amendments. This Agreement may be amended by the parties hereto without the consent of any registered holder for the purpose of
curing any ambiguity, or of curing, correcting or supplementing any defective provision contained herein or adding or changing any other provisions with respect to matters or questions arising under this Agreement as the parties may deem necessary
or desirable and that the parties deem shall not adversely affect the interest of the registered holders. All other modifications or amendments shall require the written consent or vote of the registered holders of 65% of the then outstanding
Rights. The provisions of this Section 7.8 may not be modified, amended or deleted without the prior written consent of the Representative. 

7.9 Severability. This Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof shall
not affect the validity or enforceability of this Agreement or of any other term or provision hereof. Furthermore, in lieu of any such invalid or unenforceable term or provision, the parties hereto intend that there shall be added as a part of this
Agreement a provision as similar in terms to such invalid or unenforceable provision as may be possible and be valid and enforceable. 

[Signature Page Follows] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of
the date first above written. 
  

			
	GIGCAPITAL2, INC.
		
	By	 	 /s/ Avi S. Katz

		 	Name: Avi S. Katz
		 	Title: Chief Executive Officer

  

			
	CONTINENTAL STOCK TRANSFER & TRUST COMPANY, as Rights Agent
		
	By	 	 /s/ Isaac J. Kagan

		 	 Name: Isaac J. Kagan
 Title: Vice
President

 Signature page to Rights AgreementEX-10.1

 Exhibit 10.1 

June 5, 2019 
 GigCapital2, Inc.

 2479 E. Bayshore Rd., Suite 200 
 Palo Alto, CA 94303 

Re: Initial Public Offering 
 Ladies
and Gentlemen: 
 This letter agreement (this “Letter Agreement”) is being delivered to you in accordance with the
Underwriting Agreement (the “Underwriting Agreement”) entered into by and between GigCapital2, Inc., a Delaware corporation (the “Company”), and EarlyBirdCapital, Inc.
(“EarlyBird”), as representative (the “Representative”) of the several Underwriters named therein (the “Underwriters”), relating to an underwritten initial public offering (the
“IPO”) of the Company’s units (the “Units”), each consisting of one share of the Company’s common stock, par value $0.0001 per share (“Common Stock” and such shares
included in the Units, “Offering Shares”), one right to receive one twentieth (1/20) of one share of Common Stock (the “Right”) and one warrant to purchase one share of Common Stock at a price of
$11.50 per share, subject to adjustment (the warrants included in the Units sold, the “Offering Warrants”). Capitalized terms used herein but not defined in context are defined in paragraph 14 hereof. 

In order to induce the Company and the Underwriters to enter into the Underwriting Agreement and to proceed with the IPO, and in recognition
of the benefit that such IPO will confer upon the undersigned, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each of the undersigned entities and individuals, each of whom is a Founder,
along with Northland Securities, Inc. (“Northland Securities”) hereby agrees with the Company as follows: 

1. With respect to stockholder votes and associated conversion rights, 

(a) if the Company solicits stockholder approval of a Business Combination via a proxy solicitation, then the undersigned will vote all shares
of then outstanding Common Stock beneficially owned by him, her or it in favor of such Business Combination; provided, that (i) the undersigned acknowledges and agrees that prior to entering into a Business Combination with a target
business that is affiliated with any Insiders, such transaction must be approved by a majority of the Company’s disinterested independent directors and the Company must obtain an opinion from an independent investment banking firm, or another
independent entity that commonly renders valuation opinions on the type of target business the Company is seeking to acquire, that such Business Combination is fair to the Company’s unaffiliated stockholders from a financial point of view, and
(ii) no Insider will be entitled to receive or accept a finder’s fee or any other compensation in the event such Insider originates a Business Combination (provided that this clause (ii) shall not apply to EarlyBird, certain
affiliates and employees of EarlyBird (the “EarlyBird Group”), and Northland Gig 2 Investment LLC (“Northland Investment”), or any of their Affiliates); 

(b) the undersigned hereby agrees not to propose for a stockholder approval any amendment to the Amended and Restated Certificate of
Incorporation that would (i) affect the substance or timing of the Company’s obligation to redeem 100% of the Offering Shares if the Company does not complete a Business Combination within 18 months of the closing of the IPO, or
(ii) alter its provisions relating to the Company’s pre-Business Combination activity or the related stockholders’ rights, unless the Company provides the holders of any Offering Shares
with the opportunity to redeem their Offering Shares upon the approval of any such amendment. Such redemption must be at a per-share price, payable in cash, equal to the aggregate amount then on
deposit in the Trust Account including interest (net of taxes payable), divided by the number of then outstanding Offering Shares; and 
 (c)
the undersigned will not redeem any shares of Common Stock beneficially owned by him, her or it in connection with a solicitation for stockholder approval described in either of clauses (a) or (b) above, or sell any such shares of Common
Stock in a tender offer undertaken by the Company in connection with a Business Combination. 
 2. The undersigned hereby waives any and all
right, title, interest or claim of any kind the undersigned may have in the future in or to any distribution of the Trust Account and any remaining assets of the Company as a result of, or arising out of, any contracts or agreements with the Company
and will not seek recourse against the Trust 

  
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Account for any reason whatsoever; provided, that the foregoing waiver shall not apply with respect to liquidating distributions from the Trust Account made in connection with any
Offering Shares purchased by the undersigned or its Affiliates during the IPO or on the open market after the completion of the IPO if the Company fails to complete a Business Combination within 18 months of the completion of the IPO. The
undersigned acknowledges and agrees that there will be no distribution from the Trust Account with respect to any of the Rights or Offering Warrants, all rights of which will terminate upon the Company’s liquidation. 

3. In order to minimize potential conflicts of interest that may arise from multiple corporate affiliations, GigAcquisitions2, LLC, a Delaware
limited liability company (“Sponsor”), an Affiliate of Dr. Katz, the Company’s Chief Executive Officer, shall present to the Company for its consideration, prior to presentation to any other entity, any target
business that has a fair market value of at least 80% of the assets held in the Trust Account (excluding taxes payable on interest earned), subject to any pre-existing fiduciary or contractual
obligations the undersigned might have. 
 4. Neither the undersigned nor any of their Affiliates will be entitled to receive, and none of
them may accept, any compensation or other cash payment prior to, or for services rendered in order to effectuate, the consummation of the Business Combination, except for the following: 

(a) Sponsor and its Affiliates may receive compensation for administrative services and office space, as provided for under that certain
Administrative Services Agreement between the Company and GigFounders, LLC dated as of March 20, 2019; 
 (b) Sponsor may receive
amounts due under that certain promissory note in the aggregate principal amount of $99,937, dated March 12, 2019, issued by the Company in favor of Sponsor; 

(c) any of the undersigned may receive reimbursement
of out-of-pocket expenses incurred by them in connection with certain activities on behalf of the Company, such as identifying and investigating possible
business targets and business combinations, as well as advisory fees to directors pertaining to board committee service and extraordinary administrative and analytical services, and repayment upon consummation of a Business Combination of any loans
which may be made by them or by their Affiliates to finance transaction costs in connection with an intended Business Combination. While the terms of any such loans have not been determined nor have any written agreements been executed with respect
thereto, it is acknowledged and agreed that up to $1,500,000 of any such loans may be convertible into units of the post-business combination entity at a price of $10.00 per unit at the option of the lender; and 

(e) any underwriting discounts, commissions and other fees and compensation payable to the Underwriters of the IPO, including the
Representative, including any consideration payable pursuant to the Business Combination and Marketing Agreement by and between the Company and the Representative. 

5. To the extent that the Underwriters do not exercise their over-allotment option to purchase an additional 2,250,000 Units within the time
period set forth in the Registration Statement (and as further described in the Registration Statement), (i) Sponsor agrees that it shall forfeit, at no cost, up to 524,868 Founder Shares, (ii) EarlyBirdCapital, Inc. and the EarlyBird Group
agrees that it shall forfeit, at no cost, up to 15,053 Founder Shares, and (iii) Northland Investment agrees that it shall forfeit, at no cost, up to 22,579 Founder Shares. If applicable, the Founders would forfeit, on a pro rata basis
consistent with the proportion of their ownership of Founder Shares, such number of Founder Shares as would be required to maintain the ownership of the Company’s pre-IPO stockholders at 20.0%
of the total issued and outstanding shares of Common Stock immediately after the closing of the IPO; provided, that the “total issued and outstanding shares of Common Stock” would not take into account any shares of Common
Stock included in units purchased by the Founders in the private placement that such parties intend to consummate simultaneously with the closing of the IPO. The Founders further agree that to the extent that the size of the IPO is increased or
decreased, the Company will purchase or sell shares of Common Stock or effect a stock dividend or share contribution back to capital, as applicable, immediately prior to the consummation of the IPO in such amounts as to maintain the ownership of the
stockholders prior to the IPO at 20.0% of its total issued and outstanding shares of Common Stock upon the consummation of the IPO; provided, that the “total issued and outstanding shares of Common Stock” would not take into
account any shares of Common Stock included in units purchased by the Founders in the private placement that such parties intend to consummate simultaneously with the closing of the IPO. 

  
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 6. Sponsor agrees to continue to serve as the Sponsor of the Company until the earlier of
the consummation by the Company of a Business Combination or its liquidation. 
 7. The undersigned’s FINRA Questionnaire previously
furnished to the Company and the Representative is true and accurate in all respects. 
 8. The undersigned represents and warrants that
(i) he, she, or it is not subject to, or a respondent in, any legal action for any injunction, cease-and-desist order, or order or stipulation to desist
or refrain from any act or practice relating to the offering of securities in any jurisdiction; (ii) he, she, or it has never been convicted of or pleaded guilty to any crime involving any fraud, relating to any financial transaction or
handling of funds of another person, or pertaining to any dealings in any securities, and he, she, or it is not currently a defendant in any such criminal proceeding; and (iii) he, she, or it has never been suspended or expelled from membership
in any securities or commodities exchange or association, or had a securities or commodities license or registration denied, suspended or revoked. 

9. The undersigned agrees that he, she, or it shall not Transfer (as defined below) any securities (“Securities”) of
the Company beneficially held by him, her, or its, or by his, her, or its Affiliates, other than any Units, or the Offering Shares, Rights or Offering Warrants underlying such Units, purchased in the IPO or in the open market after the IPO, until
the earlier of (i) twelve months after the completion of a Business Combination or (ii) the date on which, subsequent to a Business Combination, (x) the last sale price of the Common Stock equals or exceeds $12.50 per share (as
adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 90 days after a Business
Combination or (y) the Company completes a liquidation, merger, stock exchange or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or
other property (the “Lock-up Period”). Notwithstanding the foregoing, during the Lock-up Period,
Transfers of Securities are permitted to be made (a) to any persons (including their Affiliates and members) participating in the private placement of the private units (as described in the Registration Statement); (b) among the Founders and
their affiliates or to the Company’s executive officers, directors or employees; (c) in the case of an entity, as a distribution to its partners, stockholders or members upon its liquidation; (d) in the case of an individual, by a
bona fide gift to a member of one of the members of the individual’s immediate family or to a trust, the beneficiary of which is a member of one of the individual’s immediate family, for estate planning purposes; (e) in the case of an
individual, by virtue of laws of descent and distribution upon death of the individual; (f) in the case of an individual, pursuant to a qualified domestic relations order; (g) by pledges to secure obligations incurred in connection with
purchases of the Company’s securities; (h) by private sales or transfers made in connection with the consummation of a Business Combination at prices no greater than the price at which the securities were originally purchased; or
(i) to the Company for no value for cancellation in connection with the consummation of a Business Combination; provided, however, that in any case (other than clause (i)), these permitted transferees must
enter into a written agreement agreeing to be bound by these transfer restrictions and the other terms described in this Letter Agreement to the extent and for the duration that such terms remain in effect at the time of the Transfer. 

10. Notwithstanding the foregoing paragraph 9, each of EarlyBird, the EarlyBird Group, Northland Securities and Northland Investment agrees
that during the period commencing on the effective date of the Underwriting Agreement and ending 180 days after such date, none of them nor any of their Affiliates, may Transfer any Securities beneficially owned by them, other than any Units, or the
Offering Shares, Rights or Offering Warrants underlying such Units, purchased in the IPO or in the open market after the IPO. The foregoing sentence shall not apply to the registration of the offer and sale of Units contemplated by the Underwriting
Agreement and the sale of the Units to the Underwriters. 
 11. In the event of the liquidation of the Trust Account, Sponsor (the
“Indemnitor”) agrees to indemnify and hold harmless the Company against any and all loss, liability, claim, damage and expense whatsoever (including, but not limited to, any and all legal or other expenses reasonably incurred
in investigating, preparing or defending against any litigation, whether pending or threatened, or any claim whatsoever) to which the Company may become subject as a result of any claim by (i) any third party for services rendered or products
sold to the Company, or (ii) a prospective target business with which the Company has entered into an acquisition agreement; provided, however, that such indemnification of the Company by the Indemnitor
shall apply only to the extent necessary to ensure that such claims by a third party for services rendered (other than the Company’s independent public accountants) or products sold to the Company or a target do not reduce the amount of funds
in the Trust Account to below the lesser of (i) $10.00 per share of the Offering Shares, or (ii) such lesser amount per share of the Offering Shares held in the 

  
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Trust Account due to reductions in the value of the trust assets as of the date of the liquidation of the Trust Account, in each case, net of the amount of interest earned on the property in the
Trust Account which may be withdrawn to pay taxes, except as to any claims by a third party who executed a waiver of any and all rights to seek access to the Trust Account (whether or not such agreement is enforceable) and as to any claims under the
Company’s indemnity of the Underwriters against certain liabilities, including liabilities under the Securities Act. In the event that any such executed waiver is deemed to be unenforceable against such third party, the Indemnitor shall not be
responsible for any liability as a result of any such third party claims. The Indemnitor shall have the right to defend against any such claim with counsel of its choice reasonably satisfactory to the Company if, within fifteen (15) days
following written receipt of notice of the claim to the Indemnitor, the Indemnitor notifies the Company in writing that it shall undertake such defense. 

12. The undersigned has full right and power, without violating any agreement by which he, she, or it is bound, to enter into this Letter
Agreement. 
 13. This Letter 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. The undersigned hereby (i) agrees that any action, proceeding or claim against him, her or it arising out
of or relating in any way to this Letter Agreement (a “Proceeding”) shall be brought and enforced in the courts of the State of New York of the United States of America for the Southern District of New York, and irrevocably
submits to such jurisdiction, which jurisdiction shall be exclusive, (ii) waives any objection to such exclusive jurisdiction and that such courts represent an inconvenient forum, and (iii) irrevocably agrees to appoint Crowell &
Moring LLP as agent for the service of process in the State of New York to receive, for the undersigned and on his, her, or its behalf, service of process in any Proceeding. If for any reason such agent is unable to act as such, the undersigned will
promptly notify the Company and the Representative and appoint a substitute agent acceptable to each of the Company and the Representative within 30 days and nothing in this Letter Agreement will affect the right of either party to serve process in
any other manner permitted by law. 
 14. As used herein, (i) “Affiliate” has the meaning set forth in Rule 144(a)(1)
under the Securities Act; (ii) “Amended and Restated Certificate of Incorporation” refers to the Amended and Restated Certificate of Incorporation of the Company, as filed with the Secretary of State of the State of
Delaware, as the same may be amended from time to time; (iii) a “Business Combination” shall mean a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business
combination with one or more businesses or entities; (iv) “Exchange Act” means the Securities Exchange Act of 1934, as amended; (v) “Founder” means Sponsor, EarlyBird, certain affiliates and employees
of EarlyBird (together with EarlyBird, the “EarlyBird Group”), and Northland Gig2 Investment LLC (“Northland Investment”), each of whom hold Founder Shares; (vi) “Founder
Shares” means shares of Common Stock purchased by each Founder pursuant to amended and restated subscription agreements entered into by and between each Founder and the Company, each dated as of April 29, 2019; (vii)
“Insiders” means all executive officers and directors of the Company immediately prior to the IPO, as well as the Founders, and any of their Affiliates; (viii) the “Registration Statement” shall
mean the Registration Statement on Form S-1 filed by the Company with the Securities and Exchange Commission in connection with the IPO, as the same may be amended or supplemented; (ix)
“Securities Act” means the Securities Act of 1933, as amended; (x) the “SEC” means the United States Securities and Exchange Commission; (xi) “Transfer” means
(a) the sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent
position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act and the rules and regulations promulgated thereunder with respect to, any security, (b) the entry into
any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or
(c) the public announcement of any intention to effect any transaction specified in clause (a) or (b); and (xii) “Trust Account” means the trust account into which a portion of the net proceeds of the Company’s
IPO will be deposited. 
 15. This Letter Agreement constitutes the entire agreement and understanding of the parties hereto in respect of
the subject matter hereof and supersedes all prior understandings, agreements, or representations by or among the parties hereto, written or oral, to the extent they relate in any way to the subject matter hereof or the transactions contemplated
hereby. This Letter Agreement may not be changed, amended, modified or waived (other than to correct a typographical error) as to any particular provision, except by a written instrument executed by all parties hereto. 

  
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 16. The undersigned acknowledges and understands that the Underwriters and the Company will
rely upon the agreements, representations and warranties set forth herein in proceeding with the IPO. Nothing contained herein shall be deemed to render the Underwriters a representative of, or a fiduciary with respect to, the Company, its
stockholders or any creditor or vendor of the Company with respect to the subject matter hereof. 
 17. This Letter Agreement shall be
binding on the undersigned and such person’s respective successors, heirs, personal representatives and assigns. This Letter Agreement shall terminate on the earlier of (i) the Company’s consummation of a Business Combination, or
(ii) the liquidation of the Company; provided, that such termination shall not relieve the undersigned from liability for any breach of this agreement prior to its termination. 

18. This Letter Agreement may be executed in one or more counterparts, all of which when taken together shall be considered one and the same
agreement and shall become effective when counterparts have been signed by each party and delivered to each other party, it being understood that the parties need not sign the same counterpart. In the event that any signature is delivered by
facsimile transmission or any other form of electronic delivery, such signature shall create a valid and binding obligation of the party executing (or on whose behalf such signature is executed) with the same force and effect as if such signature
page were an original thereof. 
 [Signature page to follow] 

  
 5 

 
	
	Very truly yours,
	
	GIGACQUISITIONS2, LLC
	
	/s/ Dr. Avi S. Katz
	By: Dr. Avi S. Katz, Manager
	
	EARLYBIRDCAPITAL, INC.
	
	/s/ Steven Levine
	By: Steven Levine, CEO
	
	NORTHLAND GIG2 INVESTMENT LLC
	
	/s/ Randy Nitzsche
	By: Randy Nitzsche, Northland Directions LLC, Managing Member
	
	NORTHLAND SECURITIES, INC.
	
	/s/ Randy Nitzsche
	By: CEO
	
	/s/ Steven Levine
	Steven Levine
	
	/s/ David Nusbaum
	David Nusbaum
	
	/s/ Ed Kovary
	Ed Kovary
	
	/s/ Mike Powell
	Mike Powell
	
	/s/ Mauro Conijeski
	Mauro Conijeski
	
	/s/ Jillian Carter
	Jillian Carter
	
	/s/ Eileen Moore
	Eileen Moore
	
	/s/ Gleeson Cox
	Gleeson Cox

 Signature page to Insider Letter (Founders) 

 Accepted and agreed this 5th day of June, 2019. 

 

	
	GIGCAPITAL2, INC.
	
	/s/ Dr. Avi S. Katz
	 By: Dr. Avi S. Katz, Chairman of the Board

and Chief Executive Officer

 Signature page to Insider Letter (Founders)

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