Document:

Exhibit 4.3

 

LOCK-UP AGREEMENT

 

THIS LOCK-UP AGREEMENT
(this “Agreement”) is made as of the ____ day of ______________, 2014 (the “Effective Date”)
by and among Glori Acquisition Corp., a Delaware corporation (including any successor entity thereto, the “Company”),
Glori Energy Inc., a Delaware Corporation (including any successor entity thereto, “Glori”), Infinity-C.S.V.C.
Management Ltd., in its capacity under the Merger Agreement (as defined below) as the INXB Representative (the “INXB Representative”),
and each of the persons listed on Schedule A hereto, each of which is referred to in this Agreement as a “Restricted
Holder” and collectively as the “Restricted Holders”.

 

RECITALS

 

WHEREAS, the
Company entered into that certain Merger and Share Exchange Agreement, dated as of January 8, 2014, by and among Infinity Cross
Border Acquisition Corporation, a company incorporated in the British Virgin Islands (the “Parent”), the Company,
Glori Merger Subsidiary, Inc., a Delaware corporation and wholly owned subsidiary of the Company (“Merger Sub”),
the INXB Representative, and Glori (as amended from time to time, the “Merger Agreement”);

 

WHEREAS, pursuant
to the Merger Agreement, the Parent will merge with and into the Company (the “Redomestication Merger”), and
immediately thereafter Glori will merge with and into Merger Sub (the “Transaction Merger” and, together with
the Redomestication Merger, the “Transactions”);

 

WHEREAS, upon
the consummation of the Transactions (the “Closing”), Glori will be wholly-owned by the Company, and Glori’s
stockholders and warrantholders immediately prior to the Transactions will become stockholders of the Company; and

 

WHEREAS, pursuant
to the Merger Agreement, and in view of the valuable consideration to be received by the Restricted Holders thereunder, including
the rights under the Registration Rights Agreement to be entered into between the Company and the Restricted Holders in connection
with the Merger Agreement (the “Registration Rights Agreement”), the Company and the Restricted Holders desire
to enter into this Agreement, pursuant to which shares of the Company’s common stock, par value $0.0001 per share (after
giving effect to the Redomestication Merger) (the “Common Stock”), to be received by the Restricted Holders
in connection with the consummation of the Transactions (including any equity securities into which such shares of Common Stock
are thereafter exchanged or converted or which are paid as distributions or dividends in consideration of such shares, the “Subject
Shares”) shall become subject to limitations on disposition as set forth herein.

 

NOW, THEREFORE,
the parties hereby agree as follows:

 

    	 

    	 

    

  

AGREEMENT

 

1.            Lock-Up
Provisions.

 

1.1          Each
Restricted Holder hereby agrees not to, during the period commencing from the Closing and ending on the earlier of (a) the
one (1) year anniversary of the Closing or (b) the date on which the Company consummates an Exit Event (as defined below)
(the “Lock-Up Period”): (i) lend, offer, pledge, hypothecate, encumber, donate, assign, sell, contract
to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to
purchase, or otherwise transfer or dispose of, directly or indirectly, any Subject Shares, (ii) enter into any swap or other
arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the Subject Shares,
or (iii) publicly disclose the intention to do any of the foregoing, whether any such transaction described in clauses (i),
(ii), or (iii) above is to be settled by delivery of Common Stock or other securities, in cash or otherwise (any of the foregoing
described in clauses (i), (ii), or (iii), a “Prohibited Transfer”). In addition, each Restricted Holder agrees
that such Restricted Holder will not, during the Lock-Up Period, make any demand for or exercise any right with respect to, the
registration of any Subject Shares or any other shares of Common Stock or any security convertible into or exercisable or exchangeable
for Common Stock, whether pursuant to the Registration Rights Agreement or otherwise. Each Restricted Holder further agrees to
execute such agreements as may be reasonably requested by the Company that are consistent the foregoing or that are necessary to
give further effect thereto. “Exit Event” shall mean a liquidation, merger, share exchange or other similar
transaction following the Closing that results in all of the Company’s shareholders having the right to exchange their equity
holdings in the Company for cash, securities or other property.

 

1.2         If
any Prohibited Transfer is made or attempted contrary to the provisions of this Agreement, such purported Prohibited Transfer shall
be null and void ab initio, and the Company shall refuse to recognize any such purported transferee of the Subject Shares as one
of its equity holders for any purpose. In order to enforce Section 1.1, the Company may impose stop-transfer instructions
with respect to the Subject Shares of each Restricted Holder (and permitted transferees and assigns thereof) until the end of the
Lock-Up Period.

 

1.3         Notwithstanding
Sections 1.1 and 1.2, if:

 

(a)          (i) (1) any
Restricted Holder is granted a waiver in accordance with Section 3.7 of the restrictions contained in Section 1.1
or Section 1.2 of this Agreement with respect to all or any portion of their Subject Shares, or (2) if any Company
shareholder subject to the lock-up provisions of that certain Registration Rights Agreement, dated as of July 19, 2012, entered
into by and among the Company (as successor to the Parent) and the former shareholders of the Parent signatory thereto, is granted
a waiver of the lock-up provisions contained therein with respect to all or any portion of their shares subject thereto, and (ii) such
waiver applies to Subject Shares or other Company equity having a fair market value in excess of Two Hundred Fifty Thousand Dollars
($250,000) in the aggregate (whether in one or multiple waivers) (such waiver, an “Early Release”), then a pro-rata
portion of the Subject Shares held by each Restricted Holder as of the Effective Data shall be released from such Restricted Holder’s
obligations under Sections 1.1 and 1.2, and the Company shall take commercially reasonable efforts to provide notice
to the Restricted Holders upon the occurrence of such Early Release; provided that if more than one Company shareholder is granted
an Early Release simultaneously or as part of a series of related transactions, then the Early Release which results in the largest
pro-rata portion of the Subject Shares being released shall be the only one applied;

 

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(b)          If
any Infinity PIPE Purchaser (as defined below) in accordance with Section 4(l) of that certain Share Purchase Agreement,
dated as of January 7, 2014, by and among the Parent, the Purchaser, and the investors listed on the schedule of buyers attached
thereto (as amended from time to time, the “PIPE Agreement”) provides the Company with notice of its intent
to sell any of its Firm Shares (as defined in the PIPE Agreement) at least five (5) days before the consummation of such sale of
Firm Shares (the date of any such sale, a “PIPE Release Date”), then (i) promptly after its receipt of
such notice, the Company shall give notice of such intended sale to the Restricted Holders, and (ii)  the PIPE Percentage
(as defined below) of the Subject Shares held by each Restricted Holder as of the Effective Date shall be released from such Restricted
Holder’s obligations under Sections 1.1 and 1.2 on the PIPE Release Date; for the purposes of this Section
1.3(b): (1) “Infinity PIPE Purchaser” means any of Infinity I-China Fund (Cayman), L.P., Infinity I-China
Fund (Israel), L.P., Infinity I-China Fund (Israel 2), L.P., Infinity I-China Fund (Israel 3), L.P. or their respective Affiliates
(as defined in the Merger Agreement) that that acquires shares of capital stock of the Company under the PIPE Agreement; and (2) “PIPE
Percentage” means, as of a PIPE Release Date, a fraction expressed as a percentage calculated by taking (x) the
number of Firm Shares sold by Infinity PIPE Purchasers on such PIPE Release Date, and dividing by (y) 1,487,500;

 

(c)          the
Common Stock’s share price reaches or exceeds Nine Dollars and Sixty Cents ($9.60) for any twenty (20) trading days within
any thirty (30) trading day period during the Lock-Up Period, then fifty percent (50%) of the Subject Shares held by each Restricted
Holder as of the Effective Date shall be released from such Restricted Holder’s obligations under Sections 1.1 and
1.2; provided, that the foregoing stock price limitations shall be equitably adjusted as determined in good faith
by the Company’s Board of Directors for any stock splits, stock dividends, stock combinations, or other similar transactions
affecting the Company’s Common Stock; and

 

(d)          the
Common Stock’s share price reaches or exceeds Twelve Dollars ($12.00) for any twenty (20) trading days within any thirty
(30) trading day period during the Lock-Up Period, then all of the Subject Shares then held by each Restricted Holder shall be
released from such Restricted Holder’s obligations under Sections 1.1 and 1.2; provided, that the foregoing
stock price limitations shall be equitably adjusted as determined in good faith by the Company’s Board of Directors for any
stock splits, stock dividends, stock combinations, or other similar transactions affecting the Company’s Common Stock.

 

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2.           Release
and Covenant Not to Sue. Subject to Sections 3.2 and 3.11, effective upon the Closing, each Restricted Holder
hereby releases and discharges Glori and its subsidiaries from and against any and all claims, suits, actions, demands, obligations,
agreements, debts and liabilities whatsoever (whether known or unknown, asserted or unasserted, contingent, inchoate, or otherwise),
both at law and in equity, which such Restricted Holder now has, has ever had or may hereafter have against Glori or any of its
subsidiaries arising at or prior to the Closing or on account of or arising out of any matter occurring at or prior to the Closing;
provided, that if such Restricted Holder is an employee of Glori or its subsidiaries who will continue to be employed immediately
following the Closing, such release shall exclude any claims related to the right of such employee to receive current earned and
accrued but unpaid compensation, unreimbursed business expenses or other employment benefits generally available to all employees
of Glori and its subsidiaries. From and after the Closing, each Restricted Holder hereby irrevocably covenants to refrain from,
directly or indirectly, asserting, commencing or causing to be commenced any claim, suit, action or demand of any kind against
Glori or any of its subsidiaries, based upon any matter purported to be released hereby. Notwithstanding anything herein to the
contrary, the releases and restrictions set forth herein shall not apply to any claims a Restricted Holder may have under the terms
and conditions of the Merger Agreement to receive the merger consideration for its shares of Glori capital stock or warrants to
acquire shares of Glori capital stock.

 

3.           Miscellaneous.

 

3.1           Assignment.
This Agreement and all obligations of each Restricted Holder are personal to such Restricted Holder and may not be transferred
or delegated by such Restricted Holder at any time. The Company and Glori may freely assign any or all of their rights under this
Agreement, in whole or in part, to any successor entity without obtaining the consent or approval of the Restricted Holder. If
the INXB Representative is replaced in accordance with the terms of the Merger Agreement, the replacement INXB Representative shall
automatically become a party to this Agreement as if it were the original INXB Representative hereunder.

 

3.2           Other
Agreements. Nothing in this Agreement shall limit any of the rights or remedies of the Company, Glori and the INXB Representative
or any of the obligations of the Restricted Holders under any other agreement between the Restricted Holders and the Company, Glori
or the INXB Representative or any certificate or instrument executed by the Restricted Holders in favor of the Company, Glori or
the INXB Representative, and nothing in any other agreement, certificate or instrument shall limit any of the rights or remedies
of the Company, Glori or the INXB Representative or any of the obligations of the Restricted Holders under this Agreement.

 

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3.3           Governing
Law; Jurisdiction; WAIVER OF JURY TRIAL. This Agreement and any dispute or controversy arising out of or relating to this Agreement
shall be governed by and construed in accordance with the laws of the State of New York, without regard to conflict of law principles
that would result in the application of any law other than the law of the State of New York. All legal proceedings, claims, suits,
actions, demands, disputes or controversies (any of the foregoing, a “Proceeding”) arising out of or relating
to this Agreement shall be heard and determined exclusively in any state or federal court located in New York, New York. Each party
hereto hereby (a) submits to the exclusive jurisdiction of any state or federal court located in New York, New York, for the purpose
of any Proceeding arising out of or relating to this Agreement brought by any party hereto and (b) irrevocably waives, and agrees
not to assert by way of motion, defense or otherwise, in any such Proceeding, any claim that it is not subject personally to the
jurisdiction of the above-named courts, that its property is exempt or immune from attachment or execution, that the Proceeding
is brought in an inconvenient forum, that the venue of the Proceeding is improper, or that this Agreement or the transactions contemplated
hereby may not be enforced in or by any of the above-named courts. Each party agrees that a final judgment in any such Proceeding
shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by applicable
law. Each party irrevocably consents to the service of the summons and complaint and any other process in any other action or proceeding
relating to the transactions contemplated by this Agreement, on behalf of itself or himself, or its or his property, by personal
delivery of copies of such process to such party at the applicable address set forth in Section 3.6. Nothing in this Section
3.3 shall affect the right of any party to serve legal process in any other manner permitted by applicable law. EACH PARTY
HERETO HEREBY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO
ANY PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED
HEREBY. EACH PARTY HERETO (I) CERTIFIES THAT NO AFFILIATE, AGENT OR REPRESENTATIVE OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY
OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF ANY ACTION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (II) ACKNOWLEDGES
THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS
AND CERTIFICATIONS IN THIS SECTION 3.3.

 

3.4           Counterparts;
Facsimile.
This Agreement may also be executed and delivered by facsimile signature or by email in portable document format in two or more
counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

 

3.5           Interpretation.
The titles and subtitles used in this Agreement are for convenience only and are not to be considered in construing or interpreting
this Agreement. In this Agreement, unless the context otherwise requires: (a) any pronoun used in this Agreement shall include
the corresponding masculine, feminine or neuter forms, and the singular form of nouns, pronouns and verbs shall include the plural
and vice versa; (b) “including” (and with correlative meaning “include”) means including without limiting
the generality of any description preceding or succeeding such term and shall be deemed in each case to be followed by the words
“without limitation”; (c) the words “herein,” “hereto,” and “hereby” and other
words of similar import in this Agreement shall be deemed in each case to refer to this Agreement as a whole and not to any particular
section or other subdivision of this Agreement; (d) a “person” means an individual, corporation, partnership (including
a general partnership, limited partnership or limited liability partnership), limited liability company, association, trust or
other entity or organization, including a government, domestic or foreign, or political subdivision thereof, or an agency or instrumentality
thereof; and (e) the term “or” means “and/or”.

 

3.6           Notices.
All notices, requests, and other communications given or made pursuant to this Agreement shall be in writing and shall be deemed
effectively given, delivered and received (a) upon personal delivery to the party to be notified, (b) when sent by electronic
mail or facsimile upon affirmative confirmation of receipt, (c) five (5) days after having been sent by registered or certified
mail, return receipt requested, postage prepaid, or (d) one (1) business day after the business day of deposit with a nationally
recognized overnight courier, specifying next-day delivery, with written verification of receipt, in each case to the applicable
party at the following addresses (or to such other address for a party as shall be specified by like notice):

  

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        If to the Company or
        Glori, to:

         

        Glori Energy, Inc.

        4315 South Drive

        Houston, TX 77053

        Attn: Chief Executive Officer

        Facsimile: (713) 237-8585
	
        With copies to (which
        shall not constitute notice):

         

        Norton Rose Fulbright

        1301 McKinney, Suite 5100

        Houston, TX 77010-3095

        Attn: Charles Powell

        Facsimile: (713) 651-5246

        Email: Charles.powell@nortonrosefulbright.com

         

        and

         

        Infinity-C.S.V.C. Management
        Ltd.

        3 Azrieli Center (Triangle Tower)

        42nd Floor, Tel Aviv, Israel, 67023

        Attn: Mark Chess

        Facsimile: 972-3-6075456

        Email: MarkC@infinity-equity.com

         

        and

         

        Ellenoff Grossman &
        Schole LLP

        1345 Avenue of the Americas, 11th Floor

        New York, New York 10105

        Attention: Stuart Neuhauser

        Facsimile: (212) 370-7889

        Email: sneuhauser@egsllp.com

	
        If to the INXB Representative,
        to:

         

        Infinity-C.S.V.C. Management
        Ltd.

        3 Azrieli Center (Triangle Tower)

        42nd Floor, Tel Aviv, Israel, 67023

        Attn: Mark Chess

        Facsimile: 972-3-6075456

        Email: MarkC@infinity-equity.com
	
        With a copy to (which
        shall not constitute notice):

         

        Ellenoff Grossman &
        Schole LLP

        1345 Avenue of the Americas, 11th Floor

        New York, New York 10105

        Attention: Stuart Neuhauser

        Facsimile: (212) 370-7889

        Email: sneuhauser@egsllp.com

	 	 
	If to any Restricted Holder, to the address of such Restricted Holder as set forth under the name of such Restricted Holder on the signature pages hereto.

 

3.7           Amendments
and Waivers. Any term of this Agreement may be amended and the observance of any term of this Agreement may be waived (either
generally or in a particular instance, and either retroactively or prospectively) only with the written consent of the Company,
Glori, the INXB Representative, and Restricted Holders holding a majority of the Subject Shares. No failure or delay by a party
in exercising any right hereunder shall operate as a waiver thereof. No waivers of or exceptions to any term, condition, or provision
of this Agreement, in any one or more instances, shall be deemed to be or construed as a further or continuing waiver of any such
term, condition, or provision.

 

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3.8           Severability.
In case any one or more of the provisions contained in this Agreement is for any reason held to be invalid, illegal or unenforceable
in any respect, such invalidity, illegality, or unenforceability shall not affect any other provision of this Agreement, and such
invalid, illegal, or unenforceable provision shall be reformed and construed so that it will be valid, legal, and enforceable to
the maximum extent permitted by law.

 

3.9           Specific
Performance. Each Restricted Holder acknowledges that its obligations under this Agreement are unique, recognizes and affirms
that in the event of a breach of this Agreement by any Restricted Holder, money damages may be inadequate and the Company, Glori
and the INXB Representative may have not adequate remedy at law, and agree that irreparable damage would occur in the event that
any of the provisions of this Agreement were not performed by a Restricted Holder in accordance with their specific terms or were
otherwise breached. Accordingly, each of the Company, Glori and the INXB Representative shall be entitled to seek an injunction
or restraining order to prevent breaches of this Agreement by any Restricted Holder and to seek to enforce specifically the terms
and provisions hereof, without the requirement to post any bond or other security or to prove that money damages would be inadequate,
this being in addition to any other right or remedy to which such party may be entitled under this Agreement, at law or in equity.

 

3.10         Third
Parties. Nothing contained in this Agreement or in any instrument or document executed by any party in connection with the
transactions contemplated hereby shall create any rights in, or be deemed to have been executed for the benefit of, any person
that is not a party hereto or thereto or a successor or permitted assign of such a party.

 

3.11         Entire
Agreement. This Agreement (including any Schedules hereto) constitutes the full and entire understanding and agreement among
the parties with respect to the subject matter hereof, and any other written or oral agreement relating to the subject matter hereof
existing between the parties is expressly canceled; provided, that, for the avoidance of doubt, the foregoing shall not
affect the rights and obligations of the parties under the Merger Agreement or any Ancillary Document (as defined in the Merger
Agreement), including the Registration Rights Agreement.

 

[Remainder of Page Intentionally
Left Blank; Signature Pages Follow]

 

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IN WITNESS WHEREOF,
the parties have executed this Lock-Up Agreement as of the date first written above.

 

	 	The Company:
	 	 
	 	Glori Acquisition Corp.
	 	 	 
	 	By:	 
	 	 	Name:  Mark Chess
	 	 	Title:  President
	 	 	 
	 	Glori:
	 	 
	 	GLORI ENERGY INC.
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 	 
	 	The INXB Representative:
	 	 
	 	Infinity-C.S.V.C. Management Ltd., in 

its capacity under the Merger Agreement as the 

INXB Representative
	 	 	 
	 	By:	 
	 	 	Name:  Mark Chess
	 	 	Title:  

 

[Signature Page
to Lock-Up Agreement]

  

    	 

    	 

    

 

	 	Restricted Holders:
	 	 	 
	 	RESTRICTED HOLDERS WHO ARE

 NATURAL PERSONS (i.e., individuals):
	 	 	 
	 	By:	 
	 	Print Name:  

 

	 	RESTRICTED HOLDERS WHO ARE 

NOT NATURAL PERSONS (i.e., 

corporations, limited liability companies,

partnerships, trusts or other entities):

  

	 	Print Name
	 	of Entity:	 

  

	 	By:	 
	 	Print Name:
	 	Print Title:

  

	 	Address for Notice:
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 

  

	 	Facsimile: 	 
	 	 	 
	 	Email:  	 

 

[Signature Page
to Lock-Up Agreement]

  

    	 

    	 

    

 

SCHEDULE A

 

RESTRICTED HOLDERSExhibit 4.4

 

REGISTRATION RIGHTS AGREEMENT

 

THIS REGISTRATION RIGHTS
AGREEMENT (“Agreement”) is made as of the ____ day of ______________, 2014 by and among Glori Acquisition Corp.,
a Delaware corporation and wholly owned subsidiary of the Parent (as defined below) (the “Company”) and each
of the persons listed on Schedule A hereto, each of which is referred to in this Agreement as a “Holder”
and collectively as the “Holders.”

 

RECITALS

 

WHEREAS,
the Company entered into that certain Merger and Share Exchange Agreement, dated as of January 8, 2014, by and among Infinity Cross
Border Acquisition Corporation, a company incorporated in the British Virgin Islands (the “Parent”), the Company,
Glori Merger Subsidiary, Inc., a Delaware corporation and wholly owned subsidiary of the Company (“Merger Sub”),
Infinity-C.S.V.C. Management Ltd. as the INXB Representative (the “INXB Representative”), and Glori Energy Inc.,
a Delaware Corporation (“Glori”) (as amended from time to time, the “Merger Agreement”);

 

WHEREAS,
pursuant to the Merger Agreement, the Parent will merge with and into the Company, and Glori will merge with and into Merger Sub
(the “Transactions”);

 

WHEREAS,
as a result of the Transactions, Glori will be wholly owned by the Company, and Glori’s stockholders immediately prior to
the Transactions will become stockholders of the Company; and

 

WHEREAS,
pursuant to the Merger Agreement, the Company and the Holders desire to enter into this Agreement, pursuant to which the Company
shall grant the Holder certain registration rights with respect to certain securities of the Company.

 

NOW,
THEREFORE, the parties hereby agree as follows:

 

AGREEMENT

 

Article
1

Definitions
and Construction

 

1.1           The
terms defined in this Article 1 shall have the respective meanings set forth below.

 

“Adverse Disclosure”
shall mean any public disclosure of material nonpublic information, which disclosure, in the good faith judgment of the Chief Executive
Officer or principal financial officer of the Company, after consultation with counsel to the Company, (i) would be required
to be made in any Registration Statement or Prospectus in order for the applicable Registration Statement or Prospectus not to
contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements contained therein
(in the case of any prospectus and any preliminary prospectus, in the light of the circumstances under which they were made) not
misleading, (ii) would not be required to be made at such time if the Registration Statement were not being filed, and (iii) the
Company has a bona fide business purpose for not making such information public.

 

    	 

    	 

    

 

“Agreement”
shall have the meaning given in the Preamble to this Registration Rights Agreement.

 

“Board”
shall mean the Board of Directors of the Company.

 

“Commission”
shall mean the Securities and Exchange Commission.

 

“Common Stock”
shall mean the common stock of the Company, par value $0.0001 per share (upon consummation of the Transactions).

 

“Company”
shall have the meaning given in the Preamble to this Agreement.

 

“Demand Registration”
shall have the meaning given in Section 2.1(a).

 

“Demanding
Holders” shall have the meaning given in Section 2.1(a).

 

“Exchange
Act” shall mean the Securities Exchange Act of 1934, as it may be amended from time to time.

 

“Form S-1”
shall have the meaning given in Section 2.1(a).

 

“Form S-3”
shall have the meaning given in Section 2.3.

 

“Glori”
shall have the meaning given in the Recitals to this Agreement.

 

“Holders”
shall have the meaning given in the Preamble to this Agreement.

 

“Maximum Number
of Securities” shall have the meaning given in Section 2.1(d).

 

“Merger Agreement”
shall have the meaning given in the Recitals to this Agreement.

 

“Merger Sub”
shall have the meaning given in the Recitals to this Agreement.

 

“Misstatement”
shall mean an untrue statement of a material fact or an omission to state a material fact required to be stated in a Registration
Statement or Prospectus or necessary to make the statements in a Registration Statement or Prospectus not misleading.

 

“Option Registration
Rights” shall mean those contractual registration rights granted to the holders of Common Stock issued upon conversion
of previously outstanding purchase options issued in connection with the Parent’s initial public offering.

 

“Parent”
shall have the meaning given in the Recitals to this Agreement.

 

“Piggyback
Registration” shall have the meaning given in Section 2.2(a).

 

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“PIPE Registration
Rights” shall mean those contractual registration rights granted pursuant to that certain Registration Rights Agreement,
dated as of ___________, _____, by and among Parent, the Company, and other parties thereto.

 

“Pro Rata”
shall have the meaning given in Section 2.1(d).

 

“Prospectus”
shall mean the prospectus included in any Registration Statement, as supplemented by any and all prospectus supplements and as
amended by any and all post-effective amendments and including all material incorporated by reference in such prospectus.

 

“Prospectus
Date” shall mean the date of the final prospectus filed with the Commission and relating to the Company’s Registration
Statement on Form S-4 referred to in Section 6.12 of the Merger Agreement.

 

“Registrable
Security” shall mean (i) any outstanding Common Stock or any other equity security of the Company (including Common
Stock issued or issuable upon the exercise of any convertible security) held by a Holder as of the date of this Agreement, and
(ii) any other equity security of the Company issued or issuable with respect to any such Common Stock by way of a share dividend
or share split or in connection with a combination of shares, acquisition, recapitalization, consolidation, reorganization, share
exchange, share reconstruction and amalgamation or contractual control arrangement with, purchasing all or substantially all of
the assets of, or engagement in any other similar transaction; provided, however, that, as to any particular Registrable
Security, such securities shall cease to be Registrable Securities when (a) a Registration Statement with respect to the sale
of such securities shall have become effective under the Securities Act and such securities shall have been sold, transferred,
disposed of or exchanged in accordance with such Registration Statement, (b) such securities shall have been otherwise transferred,
new certificates for such securities not bearing a legend restricting further transfer shall have been delivered by the Company
and subsequent public distribution of such securities shall not require registration under the Securities Act, (c) such securities
shall have ceased to be outstanding, or (d) such securities have been sold to, or through, a broker, dealer or underwriter
in a public distribution or other public securities transaction.

 

“Registration”
shall mean a registration effected by preparing and filing a registration statement or similar document in compliance with the
requirements of the Securities Act, and the applicable rules and regulations promulgated thereunder, and such registration statement
becoming effective.

 

“Registration
Expenses” shall mean the out-of-pocket expenses of a Registration, including, without limitation, the following:

 

		(i)	all registration and filing fees (including fees with respect
to filings required to be made with the Financial Industry Regulatory Authority, Inc.) and any securities;

 

		(ii)	registration and filings fees of any exchange or quotation
service on which the Common Stock is then listed or quoted;

 

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		(iii)	fees and expenses of compliance with securities or blue
sky laws (including reasonable fees and disbursements of counsel for the Underwriters in connection with blue sky qualifications
of Registrable Securities);

 

		(iv)	printing, messenger, telephone and delivery expenses;

 

		(v)	reasonable fees and disbursements of counsel for the Company;

 

		(vi)	reasonable fees and disbursements of all independent registered
public accountants of the Company incurred specifically in connection with such Registration; and

 

		(vii)	reasonable fees and expenses of one (1) legal counsel selected
by the majority-in-interest of the Demanding Holders initiating a Demand Registration to be registered for offer and sale in the
applicable Registration.

 

“Registration
Statement” shall mean any registration statement that covers the Registrable Securities pursuant to the provisions of
this Agreement, including the Prospectus included in such registration statement, amendments (including post-effective amendments)
and supplements to such registration statement, and all exhibits to and all material incorporated by reference in such registration
statement.

 

“Requesting
Holder” shall have the meaning given in Section 2.1(a).

 

“Securities
Act” shall mean the Securities Act of 1933, as amended from time to time.

 

“Sponsor
Registration Rights” shall mean those contractual registration rights granted pursuant to that certain Registration Rights
Agreement, dated as of July 19, 2012, by and among Parent and other parties thereto.

 

“Transactions”
shall have the meaning given in the Recitals to this Agreement.

 

“Underwriter”
shall mean a securities dealer or designee who purchases any Registrable Securities as principal in an Underwritten Offering and
not as part of such dealer’s market-making activities.

 

“Underwritten
Registration” or “Underwritten Offering” shall mean a Registration in which securities of the Company
are sold to an Underwriter in a firm commitment underwriting for distribution to the public.

 

    	4

    	 

    

 

1.2           Construction.
For the purposes of this Agreement, except as otherwise expressly provided herein or unless the context otherwise requires: (a) the
meaning assigned to each term defined herein shall be equally applicable to both the singular and the plural forms of such term
and vice versa, and words denoting any gender shall include all genders as the context requires; (b) where a word or phrase
is defined herein, each of its other grammatical forms shall have a corresponding meaning; (c) the terms “hereof”,
“herein”, “hereunder”, “hereby” and “herewith” and words of similar import shall,
unless otherwise stated, be construed to refer to this Agreement as a whole and not to any particular provision of this Agreement;
(d) when a reference is made in this Agreement to an Article, Section, paragraph, Exhibit or Schedule, such reference is to
an Article, Section, paragraph, Exhibit or Schedule of this Agreement unless otherwise specified; (e) the words “include”,
“includes” and “including” when used in this Agreement shall be deemed to be modified by the words “without
limitation”, unless otherwise specified; (f) the use of the word “or” is not intended to be exclusive unless
expressly indicated otherwise; (g) the word “shall” shall be construed to have the same meaning and effect of
the word “will”; (h) all accounting terms used and not defined herein have the respective meanings given to them
under GAAP; and (i) references to “the parties” shall mean the parties to this Agreement.

 

Article
2

Registration
Rights

 

2.1           Demand
Registration.

 

(a)          Request
for Registration. Subject to the provisions of Section 2.1(d) and Section 2.4, at any time after the expiration
(or earlier waiver or termination) of the Lock-Up Period (as defined in that certain Lock-Up Agreement, dated as of __________,
2014 (the “Lock-Up Agreement”), by and among the Company, Glori, the INXB Representative, and certain of the
Holders), the Holders of at least twenty-five percent (25%) of the then outstanding number of Registrable Securities (the “Demanding
Holders”) may make a written demand for Registration of at least fifteen percent (15%) of the then outstanding number
of Registrable Securities, which written demand shall describe the amount and type of securities to be included in such Registration
and the intended method(s) of distribution thereof (such written demand, a “Demand Registration”); provided,
that if the waiver or termination of the Lock-Up Period does not apply to all of the Subject Shares (as defined in the Lock-Up
Agreement), then any Demand Registration may only be made with respect to those Subject Shares for which the Lock-Up Period has
been waived or terminated. The Company shall, within ten (10) days of the Company’s receipt of the Demand Registration, notify,
in writing, all other Holders of Registrable Securities of such demand, and each Holder of Registrable Securities who thereafter
wishes to include all or a portion of such Holder’s Registrable Securities in a Registration pursuant to a Demand Registration
(each such Holder that includes all or a portion of such Holder’s Registrable Securities in such Registration, a “Requesting
Holder”) shall so notify the Company, in writing, within five (5) days after the receipt by the Holder of the notice
from the Company. Upon receipt by the Company of any such written notification from a Requesting Holder to the Company, such Requesting
Holder shall be entitled to have their Registrable Securities included in a Registration pursuant to a Demand Registration and
the Company shall, as soon thereafter as practicable, but not more than forty five (45) days immediately after the Company’s
receipt of the Demand Registration, file a Registration Statement for the Registration of all Registrable Securities requested
by the Demanding Holders and Requesting Holders pursuant to such Demand Registration and use its reasonable efforts to have such
Registration Statement declared effective by the SEC as soon as practicable thereafter. Under no circumstances shall the Company
be obligated to effect more than an aggregate of three (3) Registrations pursuant to a Demand Registration under this Section
2.1(a) with respect to any or all Registrable Securities; provided, however, that a Registration shall not be counted
for such purposes unless a Form S-1 or any similar long-form registration statement that may be available at such time (“Form
S-1”) has become effective and all of the Registrable Securities requested by the Requesting Holders to
be registered on behalf of the Requesting Holders in such Registration have been sold in accordance with Section 3.1 of
this Agreement.

 

    	5

    	 

    

 

(b)          Effective
Registration. Notwithstanding the provisions of Section 2.1(a), a Registration pursuant to a Demand Registration shall
not count as a Registration unless and until (i) the Registration Statement filed with the Commission with respect to a Registration
pursuant to a Demand Registration has been declared effective by the Commission and (ii) the Company has complied with all
of its obligations under this Agreement with respect thereto; provided, that if, after such Registration Statement has been
declared effective, an offering of Registrable Securities in a Registration pursuant to a Demand Registration is subsequently interfered
with by any stop order or injunction of the Commission, federal or state court or any other governmental agency, the Registration
Statement with respect to such Registration shall be deemed not to have been declared effective unless and until (x) such
stop order or injunction is removed, rescinded, or otherwise terminated, and (y) a majority-in-interest of the Demanding Holders
initiating such Demand Registration thereafter affirmatively elect to continue with such Registration and accordingly notify the
Company in writing; provided, further, that the Company shall not be obligated or required to file another Registration
Statement until the Registration Statement that has been previously filed with respect to a Registration pursuant to a Demand Registration
becomes effective or is subsequently terminated.

 

(c)          Underwritten
Offering. Subject to the provisions of Section 2.1(d) and Section 2.4, if a majority-in-interest of the Demanding
Holders so advise the Company as part of their Demand Registration that the offering of the Registrable Securities pursuant to
such Demand Registration shall be in the form of an Underwritten Offering, then the right of such Demanding Holder or Requesting
Holder (if any) to include its Registrable Securities in such Registration shall be conditioned upon such Holder’s participation
in such Underwritten Offering and the inclusion of such Holder’s Registrable Securities in such Underwritten Offering to
the extent provided herein. All such Holders proposing to distribute their Registrable Securities through an Underwritten Offering
under this Section 2.1(c) shall enter into an underwriting agreement in customary form with the Underwriter selected for
such Underwritten Offering by the majority-in-interest of the Demanding Holders initiating the Demand Registration.

 

    	6

    	 

    

 

(d)          Reduction
of Underwritten Offering. If the managing Underwriter in an Underwritten Registration pursuant to a Demand Registration, in
good faith, advises the Company, the Demanding Holders and the Requesting Holders (if any) in writing that the dollar amount or
number of Registrable Securities that the Demanding Holders and the Requesting Holders (if any) desire to sell, taken together
with all other shares of Common Stock or other equity securities that the Company desires to sell and the shares of Common Stock,
if any, as to which a Registration has been requested pursuant to separate written contractual piggy-back registration rights held
by any other shareholders who desire to sell, exceeds the maximum dollar amount or maximum number of equity securities that can
be sold in the Underwritten Offering without adversely affecting the proposed offering price, the timing, the distribution method,
or the probability of success of such offering (such maximum dollar amount or maximum number of such securities, as applicable,
the “Maximum Number of Securities”), then the Company shall include in such Underwritten Offering, as follows:
(i) first, the Registrable Securities of the Demanding Holders and the Requesting Holders (if any) (pro rata based on the number
of Registrable Securities that each Demanding Holder and Requesting Holder (if any) has requested be included in such Underwritten
Registration and the aggregate number of Registrable Securities that the Demanding Holders and Requesting Holders have requested
be included in such Underwritten Registration (such proportion referred to herein as “Pro Rata”)) that can be
sold without exceeding the Maximum Number of Securities; (ii) second, to the extent that the Maximum Number of Securities has not
been reached under the foregoing clause (i), the shares of Common Stock that the Company is obligated to register in a Registration
pursuant to the PIPE Registration Rights; (iii) third, to the extent that the Maximum Number of Securities has not been reached
under the foregoing clauses (i) and (ii), the shares of Common Stock that the Company is obligated to register in a Registration
pursuant to the Sponsor Registration Rights and the Option Registration Rights, pro rata, that can be sold without exceeding the
Maximum Number of Securities; (iv) fourth, to the extent that the Maximum Number of Securities has not been reached under the foregoing
clauses (i), (ii) and (iii), the shares of Common Stock or other equity securities that the Company desires to sell, which can
be sold without exceeding the Maximum Number of Securities; and (v) fifth, to the extent that the Maximum Number of Securities
has not been reached under the foregoing clauses (i), (ii), (iii) and (iv), the shares of Common Stock or other equity securities
of other persons or entities that the Company is obligated to register in a Registration pursuant to separate written contractual
arrangements with such persons that can be sold without exceeding the Maximum Number of Securities.

 

(e)          Demand
Registration Withdrawal. A majority-in-interest of the Demanding Holders initiating a Demand Registration or a majority-in-interest
of the Requesting Holders (if any) pursuant to a Registration under Section 2.1(a) shall have the right to withdraw from
a Registration pursuant to such Demand Registration for any or no reason whatsoever upon written notification to the Company and
the Underwriter (if any) of their intention to withdraw from such Registration prior to the effectiveness of the Registration Statement
filed with the Commission with respect to the Registration of their Registrable Securities pursuant to such Demand Registration.

 

2.2           Piggyback
Registration.

 

(a)          Piggyback
Rights. If at any time on or after the date of this Agreement, the Company proposes to file a Registration Statement under
the Securities Act with respect to an offering of equity securities, or securities or other obligations exercisable or exchangeable
for, or convertible into equity securities, for its own account or for the account of shareholders of the Company (or by the Company
and by the shareholders of the Company including, without limitation, pursuant to Section 2.1 hereof), other than a Registration
Statement filed (i) in connection with any employee share option or other benefit plan, (ii) for an exchange offer or offering
of securities solely to the Company’s existing shareholders, (iii) for an offering of debt that is convertible into equity
securities of the Company or (iv) for a dividend reinvestment plan, then the Company shall give written notice of such proposed
filing to all of the Holders of Registrable Securities as soon as practicable but not less than ten (10) days before the anticipated
filing date of such Registration Statement, which notice shall (1) describe the amount and type of securities to be included in
such offering, the intended method of distribution, and the name of the proposed managing Underwriter, if any, in such offering,
and (2) offer to all of the Holders of Registrable Securities the opportunity to register the sale of such number of Registrable
Securities as such Holders may request in writing within five (5) days after receipt of such written notice (such Registration,
a “Piggyback Registration”). The Company shall, in good faith, cause such Registrable Securities to be included
in such Piggyback Registration and shall use its best efforts to cause the managing Underwriter of a proposed Underwritten Offering
to permit the Registrable Securities requested by the Holders pursuant to this Section 2.2(a) to be included in a Piggyback
Registration on the same terms and conditions as any similar securities of the Company included in such Registration and to permit
the sale or other disposition of such Registrable Securities in accordance with the intended methods of distribution thereof. All
such Holders proposing to distribute their Registrable Securities through an Underwritten Offering under this Section 2.2(a)
shall enter into an underwriting agreement in customary form with the Underwriter selected for such Underwritten Offering by the
Company.

 

    	7

    	 

    

 

(b)          Reduction
of Piggyback Registration. If the managing Underwriter in an Underwritten Registration that is to be a Piggyback Registration,
in good faith, advises the Company and the Holders of Registrable Securities participating in the Piggyback Registration in writing
that the total of (w) the dollar amount or number of shares of Common Stock that the Company desires to sell, (x) the shares of
Common Stock, if any, as to which Registration has been demanded pursuant to separate written contractual arrangements with persons
or entities other than the Holders of Registrable Securities hereunder, (y) the Registrable Securities as to which registration
has been requested pursuant to Section 2.2, and (z) the shares of Common Stock, if any, as to which Registration has been
requested pursuant to separate written contractual piggyback registration rights of other shareholders of the Company, exceeds
the Maximum Number of Securities, then:

 

(i)          If
the Registration is undertaken for the Company’s account, the Company shall include in any such Registration: (1) first,
the shares of Common Stock or other equity securities that the Company desires to sell which can be sold without exceeding the
Maximum Number of Securities; (2) second, to the extent that the Maximum Number of Securities has not been reached under the
foregoing clause (1), the shares of Common Stock as to which Registration has been requested pursuant to the PIPE Registration
Rights which can be sold without exceeding the Maximum Number of Securities, (3) third, to the extent that the Maximum Number
of Securities has not been reached under the foregoing clauses (1) and (2), the Registrable Securities of Holders exercising their
rights to register their Registrable Securities pursuant to Section 2.2(a) and the shares of Common Stock as to which Registration
has been requested pursuant to the Sponsor Registration Rights and the Option Registration Rights, pro rata, which can be sold
without exceeding the Maximum Number of Securities; and (4) fourth, to the extent that the Maximum Number of Securities has
not been reached under the foregoing clauses (1), (2) and (3), the shares of Common Stock, if any, as to which Registration has
been requested pursuant to written contractual piggy-back registration rights of other shareholders of the Company which can be
sold without exceeding the Maximum Number of Securities;

 

    	8

    	 

    

 

(ii)         If
the Registration is pursuant to a request by persons or entities other than the Holders of Registrable Securities, then the Company
shall include in any such Registration: (1) first, the shares of Common Stock or other equity securities, if any, of such
requesting persons or entities, other than the Holders of Registrable Securities, which can be sold without exceeding the Maximum
Number of Securities; (2) second, to the extent that the Maximum Number of Securities has not been reach under the foregoing
clause (1), the shares of Common Stock as to which Registration has been requested pursuant to the PIPE Registration Rights which
can be sold without exceeding the Maximum Number of Securities; (3) third, to the extent that the Maximum Number of Securities
has not been reached under the foregoing clauses (1) and (2), the Registrable Securities of Holders exercising their rights to
register their Registrable Securities pursuant to Section 2.2(a) and the shares of Common Stock as to which Registration
has been requested pursuant to the Sponsor Registration Rights and the Option Registration Rights, pro rata, which can be sold
without exceeding the Maximum Number of Securities; (4) fourth, to the extent that the Maximum Number of Securities has not
been reached under the foregoing clauses (1), (2) and (3), the shares of Common Stock or other equity securities that the Company
desires to sell which can be sold without exceeding the Maximum Number of Securities; and (5) fifth, to the extent that the
Maximum Number of Securities has not been reached under the foregoing clauses (1), (2), (3) and (4), the shares of Common Stock
or other equity securities for the account of other persons or entities that the Company is obligated to register pursuant to separate
written contractual arrangements with such persons or entities which can be sold without exceeding the Maximum Number of Securities.

 

(c)          Piggyback
Registration Withdrawal. Any Holder of Registrable Securities shall have the right to withdraw from a Piggyback Registration
for any or no reason whatsoever upon written notification to the Company and the Underwriter of his, her or its intention to withdraw
from such Piggyback Registration prior to the effectiveness of the Registration Statement filed with the Commission with respect
to such Piggyback Registration. The Company (whether on its own good faith determination or as the result of a request for withdrawal
by persons pursuant to separate written contractual obligations) may withdraw a Registration Statement filed with the Commission
in connection with a Piggyback Registration at any time prior to the effectiveness of such Registration Statement.

 

(d)          Unlimited
Piggyback Registration Rights. For purposes of clarity, any Registration effected pursuant to Section 2.2 hereof shall
not be counted as a Registration pursuant to a Demand Registration effected under Section 2.1 hereof.

 

2.3           Registrations
on Form S-3. The Holders of Registrable Securities may at any time request in writing that the Company, pursuant to Rule 415
under the Securities Act (or any successor rule promulgated thereafter by the Commission), register the resale of any or all of
their Registrable Securities on Form S-3 or any similar shortform registration statement that may be available at such time (“Form
S-3”); provided, however, that the Company shall not be obligated to effect such request through
an Underwritten Offering. Within five (5) days of the Company’s receipt of a written request from a Holder or Holders of
Registrable Securities for a Registration on Form S-3, the Company shall promptly give written notice of the proposed Registration
on Form S-3 to all other Holders of Registrable Securities, and each Holder of Registrable Securities who thereafter wishes to
include all or a portion of such Holder’s Registrable Securities in such Registration on Form S-3 shall so notify the Company,
in writing, within ten (10) days after the receipt by the Holder of the notice from the Company. As soon as practicable thereafter,
but not more than twelve (12) days after the Company’s initial receipt of such written request for a Registration on Form
S-3, the Company shall register all or such portion of such Holder’s Registrable Securities as are specified in such written
request, together with all or such portion of Registrable Securities of any other Holder or Holders joining in such request as
are specified in the written notification given by such Holder or Holders; provided, however, that the Company shall not
be obligated to effect any such Registration pursuant to this Section 2.3 if (a) a Form S-3 is not available for such
offering or (b) the Holders of Registrable Securities, together with the Holders of any other equity securities of the Company
entitled to inclusion in such Registration, propose to sell the Registrable Securities and such other equity securities (if any)
at any aggregate price to the public of less than $10,000,000.

 

    	9

    	 

    

 

2.4           Restrictions
on Registration Rights. If (a) during the period starting with the date sixty (60) days prior to the Company’s good
faith estimate of the date of the filing of and ending on a date one hundred and twenty (120) days after the effective date of
a Company-initiated Registration, and provided that the Company has delivered written notice to the Holders prior to receipt of
a Demand Registration pursuant to Section 2.1(a) and it continues to actively employ, in good faith, all reasonable efforts
to cause the applicable Registration Statement to become effective, (b) the Holders have requested an Underwritten Registration
and the Company and the Holders are unable to obtain the commitment of underwriters to firmly underwrite the offer, or (c) in
the good faith judgment of the Board such Registration would be materially detrimental to the Company and the Board concludes as
a result that it is essential to defer the filing of such Registration Statement at such time, then in each case the Company shall
furnish to such Holders a certificate signed by the chairman of the Board stating that in the good faith judgment of the Board
it would be materially detrimental to the Company for such Registration Statement to be filed in the near future and that it is
therefore essential to defer the filing of such Registration Statement. In such event, the Company shall have the right to defer
such filing for a period of not more than ninety (90) days; provided, however, that the Company shall not defer its obligation
in this manner more than once in any 12-month period.

 

2.5           Delay
of Registration. No Holder shall have any right to obtain or seek an injunction restraining or otherwise delaying any registration
pursuant to this Agreement as the result of any controversy that might arise with respect to the interpretation or implementation
of this Article 2.

 

Article
3

Company
Procedures

 

3.1           General
Procedures. If the Company is required to effect the Registration of Registrable Securities, the Company shall use its best
efforts to effect such Registration to permit the sale of such Registrable Securities in accordance with the intended plan of
distribution thereof, and pursuant thereto the Company shall, as expeditiously as possible:

 

(a)          prepare
and file with the Commission as soon as practicable a Registration Statement with respect to such Registrable Securities and use
its reasonable best efforts to cause such Registration Statement to become effective and remain effective until all Registrable
Securities covered by such Registration Statement have been sold;

 

    	10

    	 

    

 

(b)          prepare
and file with the Commission such amendments and post-effective amendments to the Registration Statement, and such supplements
to the Prospectus, as may be requested by the Holders or any Underwriter of Registrable Securities or as may be required by the
rules, regulations or instructions applicable to the registration form used by the Company or by the Securities Act or rules and
regulations thereunder to keep the Registration Statement effective until all Registrable Securities covered by such Registration
Statement are sold in accordance with the intended plan of distribution set forth in such Registration Statement or supplement
to the Prospectus;

 

(c)          prior
to filing a Registration Statement or prospectus or any amendment or supplement thereto, furnish without charge to the Underwriter,
if any, and the Holders of Registrable Securities included in such Registration and such Holders’ legal counsel, copies of
such Registration Statement as proposed to be filed, each amendment and supplement to such Registration Statement (in each case
including all exhibits thereto and documents incorporated by reference therein), the Prospectus included in such Registration Statement
(including each preliminary Prospectus), and such other documents as the Underwriter and the Holders of Registrable Securities
included in such Registration or the legal counsel for any such Holders may request in order to facilitate the disposition of the
Registrable Securities owned by such Holders;

 

(d)          prior
to any public offering of Registrable Securities, use its best efforts to (i) register or qualify the Registrable Securities
covered by the Registration Statement under such securities or “blue sky” laws of such jurisdictions in the United
States as the Holders of Registrable Securities included in such Registration Statement (in light of their intended plan of distribution)
may request and (ii) take such action necessary to cause such Registrable Securities covered by the Registration Statement
to be registered with or approved by such other governmental authorities as may be necessary by virtue of the business and operations
of the Company and do any and all other acts and things that may be necessary or advisable to enable the Holders of Registrable
Securities included in such Registration Statement to consummate the disposition of such Registrable Securities in such jurisdictions;
provided, however, that the Company shall not be required to qualify generally to do business in any jurisdiction where
it would not otherwise be required to qualify or take any action to which it would be subject to general service of process or
taxation in any such jurisdiction where it is not then otherwise so subject;

 

(e)          cause
all such Registrable Securities to be listed on each securities exchange or automated quotation system on which similar securities
issued by the Company are then listed;

 

(f)          provide
a transfer agent or warrant agent, as applicable, and registrar for all such Registrable Securities no later than the effective
date of such Registration Statement;

 

(g)          advise
each seller of such Registrable Securities, promptly after it shall receive notice or obtain knowledge thereof, of the issuance
of any stop order by the Commission suspending the effectiveness of such Registration Statement or the initiation or threatening
of any proceeding for such purpose and promptly use its reasonable best efforts to prevent the issuance of any stop order or to
obtain its withdrawal if such stop order should be issued;

 

    	11

    	 

    

 

(h)          at
least five (5) days prior to the filing of any Registration Statement or Prospectus or any amendment or supplement to such Registration
Statement or Prospectus or any document that is to be incorporated by reference into such Registration Statement or Prospectus,
furnish a copy thereof to each seller of such Registrable Securities or its counsel;

 

(i)          notify
the Holders at any time when a Prospectus relating to such Registration Statement is required to be delivered under the Securities
Act, of the happening of any event as a result of which the Prospectus included in such Registration Statement, as then in effect,
includes a Misstatement, and then to correct such Misstatement as set forth in Section 3.4 hereof;

 

(j)          permit
a representative of the Holders, the Underwriter, if any, and any attorney or accountant retained by such Holders or Underwriter
to participate, at each such person’s own expense, in the preparation of the Registration Statement, and cause the Company’s
officers, directors and employees to supply all information reasonably requested by any such representative, Underwriter, attorney
or accountant in connection with the Registration; provided, however, that such representatives, advisors or Underwriter
enter into a confidentiality agreement, in form and substance reasonably satisfactory to the Company, prior to the release or disclosure
of any such information;

 

(k)          obtain
a “cold comfort” letter from the Company’s independent registered public accountants in the event of an Underwritten
Registration, in customary form and covering such matters of the type customarily covered by “cold comfort” letters
as the managing Underwriter may reasonably request, and reasonably satisfactory to a majority-in-interest of the participating
Holders;

 

(l)          on
the date the Registrable Securities are delivered for sale pursuant to such Registration, obtain an opinion, dated such date, of
counsel representing the Company for the purposes of such Registration, addressed to the Holders, the placement agent or sales
agent, if any, and the Underwriters, if any, covering such legal matters with respect to the Registration in respect of which such
opinion is being given as the Holders, placement agent, sales agent, or Underwriter may reasonably request and as are customarily
included in such opinions, and reasonably satisfactory to a majority in interest of the participating Holders;

 

(m)          in
the event of any Underwritten Offering, enter into and perform its obligations under an underwriting agreement, in usual and customary
form, with the managing Underwriter of such offering;

 

(n)          make
available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at least twelve
(12) months beginning with the first day of the Company’s first full calendar quarter after the effective date of the Registration
Statement which satisfies the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder;

 

(o)          if
the Registration involves the Registration of Registrable Securities involving gross proceeds in excess of $50,000,000, use its
reasonable efforts to make available senior executives of the Company to participate in customary “road show” presentations
that may be reasonably requested by the Underwriter in any Underwritten Offering; and

 

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(p)          otherwise,
in good faith, cooperate reasonably with, and take such customary actions as may reasonably be requested by the Holders, in connection
with such Registration.

 

3.2           Registration
Expenses. The Registration Expenses of all Registrations shall be borne by the Company. It is acknowledged by the Holders that
the Holders shall bear all incremental selling expenses relating to the sale of Registrable Securities, such as Underwriters’
commissions and discounts, brokerage fees, Underwriter marketing costs and, other than as set forth in the definition of “Registration
Expenses,” all reasonable fees and expenses of any legal counsel representing the Holders.

 

3.3           Requirements
for Participation in Underwritten Offerings. No person may participate in any Underwritten Offering for equity securities of
the Company pursuant to a Registration initiated by the Company hereunder unless such person (a) agrees to sell such person’s
securities on the basis provided in any underwriting arrangements approved by the Company and (b) completes and executes all
customary questionnaires, powers of attorney, indemnities, lock-up agreements, underwriting agreements and other customary documents
as may be reasonably required under the terms of such underwriting arrangements.

 

3.4           Suspension
of Sales; Adverse Disclosure. Upon receipt of written notice from the Company that a Registration Statement or Prospectus contains
a Misstatement, each of the Holders shall forthwith discontinue disposition of Registrable Securities until it has received copies
of a supplemented or amended Prospectus correcting the Misstatement (it being understood that the Company hereby covenants to prepare
and file such supplement or amendment as soon as practicable after the time of such notice), or until it is advised in writing
by the Company that the use of the Prospectus may be resumed. If the filing, initial effectiveness or continued use of a Registration
Statement in respect of any Registration at any time would require the Company to make an Adverse Disclosure or would require the
inclusion in such Registration Statement of financial statements that are unavailable to the Company for reasons beyond the Company’s
control, the Company may, upon giving prompt written notice of such action to the Holders, delay the filing or initial effectiveness
of, or suspend use of, such Registration Statement for the shortest period of time, but in no event more than thirty (30) days,
determined in good faith by the Company to be necessary for such purpose. In the event the Company exercises its rights under the
preceding sentence, the Holders agree to suspend, immediately upon their receipt of the notice referred to above, their use of
the Prospectus relating to any Registration in connection with any sale or offer to sell Registrable Securities. The Company shall
immediately notify the Holders of the expiration of any period during which it exercised its rights under this Section 3.4.

 

3.5           Reporting
Obligations. As long as any Holder shall own Registrable Securities, the Company, at all times while it shall be reporting
under the Exchange Act, covenants to file timely (or obtain extensions in respect thereof and file within the applicable grace
period) all reports required to be filed by the Company after the date hereof pursuant to Sections 13(a) or 15(d) of the Exchange
Act and to promptly furnish the Holders with true and complete copies of all such filings. The Company further covenants that it
shall take such further action, as any Holder may reasonably request, to the extent required to enable such Holder to sell Common
Stock held by such Holder without registration under the Securities Act within the limitation of the exemptions provided by Rule
144 promulgated under the Securities Act, including providing any legal opinions. Upon the request of any Holder, the Company shall
deliver to such Holder a written certification of a duly authorized officer as to whether it has complied with such requirements.

 

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Article
4

Indemnification
and Contribution

 

4.1           Indemnification.

 

(a)          The
Company agrees to indemnify, to the extent permitted by law, each Holder of Registrable Securities and, as applicable, such Holder’s
officers and directors and each person who controls such Holder (within the meaning of the Securities Act) against all losses,
claims, damages, liabilities and expenses (including attorneys’ fees) caused by (i) any untrue or alleged untrue statement
of material fact contained in any Registration Statement, Prospectus or preliminary Prospectus or any amendment thereof or supplement
thereto or any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements
therein not misleading, except insofar as the same are caused by or contained in any information furnished in writing to the Company
by such Holder expressly for use therein and (ii) any violation or alleged violation by the Company (or any of its agents
or affiliates) or the Securities Act, the Exchange Act, any state securities law, or any rule or regulation promulgated under any
of the foregoing. The Company shall indemnify the Underwriters, their officers and directors and each person who controls such
Underwriters (within the meaning of the Securities Act) to the same extent as provided in the foregoing with respect to the indemnification
of the Holder.

 

(b)          In
connection with any Registration Statement in which a Holder of Registrable Securities is participating, such Holder shall furnish
to the Company in writing such information and affidavits as the Company reasonably requests for use in connection with any such
Registration Statement or Prospectus and, to the extent permitted by law, such Holder shall indemnify the Company, its directors
and officers and agents and each person who controls the Company (within the meaning of the Securities Act) against any losses,
claims, damages, liabilities and expenses (including without limitation reasonable attorneys’ fees) resulting from any untrue
statement of material fact contained in the Registration Statement, Prospectus or preliminary Prospectus or any amendment thereof
or supplement thereto or any omission of a material fact required to be stated therein or necessary to make the statements therein
not misleading, but only to the extent that such untrue statement or omission is contained in any information or affidavit so furnished
in writing by such Holder expressly for use therein; provided, however, that the obligation to indemnify shall be several,
not joint and several, among such Holders of Registrable Securities, and the liability of each such Holder of Registrable Securities
shall be in proportion to and limited to the net proceeds received by such Holder from the sale of Registrable Securities pursuant
to such Registration Statement. The Holders of Registrable Securities shall indemnify the Underwriters, their officers, directors
and each person who controls such Underwriters (within the meaning of the Securities Act) to the same extent as provided in the
foregoing with respect to indemnification of the Company.

 

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(c)          Any
person entitled to indemnification herein shall (i) give prompt written notice to the indemnifying party of any claim with
respect to which it seeks indemnification (provided that the failure to give prompt notice shall not impair any person’s
right to indemnification hereunder to the extent such failure has not materially prejudiced the indemnifying party) and (ii) unless
in such indemnified party’s reasonable judgment a conflict of interest between such indemnified and indemnifying parties
may exist with respect to such claim, permit such indemnifying party to assume the defense of such claim with counsel reasonably
satisfactory to the indemnified party. If such defense is assumed, the indemnifying party shall not be subject to any liability
for any settlement made by the indemnified party without its consent (but such consent shall not be unreasonably withheld). An
indemnifying party who is not entitled to, or elects not to, assume the defense of a claim shall not be obligated to pay the fees
and expenses of more than one counsel for all parties indemnified by such indemnifying party with respect to such claim, unless
in the reasonable judgment of any indemnified party a conflict of interest may exist between such indemnified party and any other
of such indemnified parties with respect to such claim. No indemnifying party shall, without the consent of the indemnified party,
consent to the entry of any judgment or enter into any settlement which cannot be settled in all respects by the payment of money
(and such money is so paid by the indemnifying party pursuant to the terms of such settlement) or which settlement does not include
as an unconditional term thereof the giving by the claimant or plaintiff to such indemnified party of a release from all liability
in respect to such claim or litigation.

 

(d)          The
indemnification provided for under this Agreement shall remain in full force and effect regardless of any investigation made by
or on behalf of the indemnified party or by any officer, director or controlling person of such indemnified party and shall survive
the transfer of securities. The Company and each Holder of Registrable Securities participating in an offering also agrees to make
such provisions as are reasonably requested by any indemnified party for contribution to such party in the event the Company’s
or such Holder’s indemnification is unavailable for any reason.

 

(e)          If
the indemnification provided under this Section 4.1 from the indemnifying party is unavailable or insufficient to hold harmless
an indemnified party in respect of any losses, claims, damages, liabilities and expenses referred to herein, then the indemnifying
party, in lieu of indemnifying the indemnified party, shall contribute to the amount paid or payable by the indemnified party as
a result of such losses, claims, damages, liabilities and expenses in such proportion as is appropriate to reflect the relative
fault of the indemnifying party and the indemnified party, as well as any other relevant equitable considerations. The relative
fault of the indemnifying party and indemnified party shall be determined by reference to, among other things, whether any action
in question, including any untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material
fact, was made by, or relates to information supplied by, such indemnifying party or indemnified party, and the indemnifying party’s
and indemnified party’s relative intent, knowledge, access to information and opportunity to correct or prevent such action;
provided, however, that the liability of any Holder under this Section 4.1(e) shall be limited to the amount of the
net proceeds received by such Holder in such offering giving rise to such liability. The amount paid or payable by a party
as a result of the losses or other liabilities referred to above shall be deemed to include, subject to the limitations set forth
in Sections 4.1(a), 4.1(b), and 4.1(c), any legal or other fees, charges or expenses reasonably incurred by
such party in connection with any investigation or proceeding. The parties hereto agree that it would not be just and equitable
if contribution pursuant to this Section 4.1(e) were determined by pro rata allocation or by any other method of allocation,
which does not take account of the equitable considerations referred to in this Section 4.1(e). No person guilty of fraudulent
misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution pursuant to this
Section 4.1(e) from any person who was not guilty of such fraudulent misrepresentation.

 

    	15

    	 

    

 

Article
5

Miscellaneous

 

5.1           Successors
and Assigns; No Third Party Beneficiaries.

 

(a)          This
Agreement and the rights, duties and obligations of the Company hereunder may not be assigned or delegated by the Company in whole
or in part.

 

(b)          This
Agreement and the rights, duties and obligations of the Holders of Registrable Securities hereunder may be assigned or delegated
by such Holder of Registrable Securities in conjunction with and to the extent of any transfer of Registrable Securities by any
such Holder.

 

(c)          This
Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the Holders and their permitted
assigns and successors.

 

(d)          This
Agreement shall not confer any rights or benefits on any persons that are not parties hereto other than as expressly set forth
in this Agreement.

 

(e)          No
assignment by any party hereto of such party’s rights, duties and obligations hereunder shall be binding upon or obligate
the Company unless and until the Company shall have received (i) written notice of such assignment as provided in Section
5.5 hereof and (ii) the written agreement of the assignee, in a form reasonably satisfactory to the Company, to be bound
by the terms and provisions of this Agreement (which may be accomplished by an addendum or certificate of joinder to this Agreement).
Any transfer or assignment made other than as provided in this Section 5.1 shall be null and void.

 

5.2           Governing
Law. This Agreement and any controversy arising out of or relating to this Agreement shall be governed by and construed in
accordance with the laws of the State of New York, without regard to conflict of law principles that would result in the application
of any law other than the law of the State of New York.

 

5.3           Counterparts;
Facsimile. This Agreement may also be executed and delivered
by facsimile signature or by email in portable document format in two or more counterparts, each of which shall be deemed an original,
but all of which together shall constitute one and the same instrument.

 

    	16

    	 

    

 

5.4           Titles
and Subtitles. The titles and subtitles used in this Agreement are for convenience only and are not to be considered in construing
or interpreting this Agreement.

 

5.5           Notices.
All notices, requests, and other communications given or made pursuant to this Agreement shall be in writing and shall be deemed
effectively given, delivered and received (a) upon
personal delivery to the party to be notified, (b) when sent by confirmed electronic mail or facsimile if sent during normal
business hours of the recipient, and if not so confirmed, then on the next business day, (c) five (5) days after having been
sent by registered or certified mail, return receipt requested, postage prepaid, or (d) one (1) business
day after the business day of deposit with a nationally
recognized overnight courier, specifying next-day delivery, with written verification of receipt. All communications shall be
sent to the respective parties at their addresses as set forth on Schedule A hereto, or to the
principal office of the Company and to the attention of the Chief Executive Officer, in the case of the Company, or to such
email address, facsimile number, or address as subsequently modified by written notice given in accordance with this Section
5.5. If notice is given to the Company, a copy shall also be sent (which copy shall not constitute notice) to:

 

Norton Rose Fulbright

1301 McKinney, Suite 5100

Houston, TX 77010-3095

Attn: Charles Powell

Facsimile: (713) 651-5246

Email: Charles.powell@nortonrosefulbright.com

 

5.6           Amendments
and Waivers. Any term of this Agreement may be amended and the observance of any term of this Agreement may be waived (either
generally or in a particular instance, and either retroactively or prospectively) only with the written consent of the Company
and the holders of a majority of the Registrable Securities then outstanding; provided,
that any provision hereof may be waived by any waiving party on such party’s own behalf, without the consent of any other
party. Notwithstanding the foregoing, this Agreement may not be amended or terminated and the observance of any term hereof
may not be waived with respect to any Holder without the written consent of such Holder, unless such amendment, termination, or
waiver applies to all Holders in the same fashion. The Company shall give prompt notice of any amendment or termination hereof
or waiver hereunder to any party hereto that did not consent in writing to such amendment, termination, or waiver. Any amendment,
termination, or waiver effected in accordance with this Section 5.6 shall be binding on all parties hereto, regardless
of whether any such party has consented thereto. No waivers of or exceptions to any term, condition, or provision of this Agreement,
in any one or more instances, shall be deemed to be or construed as a further or continuing waiver of any such term, condition,
or provision.

 

5.7           Severability.
In case any one or more of the provisions contained in this Agreement is for any reason held to be invalid, illegal or unenforceable
in any respect, such invalidity, illegality, or unenforceability shall not affect any other provision of this Agreement, and such
invalid, illegal, or unenforceable provision shall be reformed and construed so that it will be valid, legal, and enforceable to
the maximum extent permitted by law.

 

    	17

    	 

    

 

5.8           Entire
Agreement. This Agreement (including any Schedules and Exhibits hereto) constitutes the full and entire understanding and
agreement among the parties with respect to the subject matter hereof, and any other
written or oral agreement relating to the subject matter hereof existing between the parties is expressly canceled.

 

5.9           Term
and Termination. This Agreement shall terminate and the registration rights granted hereunder shall expire on the date that
is ten (10) years after the Prospectus Date; provided, that such termination and expiration shall not affect registration
rights exercised prior to such date.

 

[Remainder of Page Intentionally Left Blank;
Signature Pages Follow]

 

    	18

    	 

    

 

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

 

	 	Glori Acquisition Corp.
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

[SIGNATURE PAGE TO GLORI ACQUISITION CORP.

REGISTRATION RIGHTS AGREEMENT]

 

    	 

    	 

    

 

	 	HOLDERS WHO ARE NATURAL PERSONS 
	 	(i.e., individuals):
	 	 	 
	 	By: 	 
	 	Name: 	 

  

	 	HOLDERS WHO ARE NOT NATURAL 
	 	PERSONS (i.e., corporations, limited liability 
	 	companies, partnerships, trusts or other 
	 	entities):
	 	 	 
	 	Name of Entity:    	 

  

	 	By:	 
	 	 	Name:
	 	 	Title:

 

[SIGNATURE PAGE TO GLORI ACQUISITION CORP.

REGISTRATION RIGHTS AGREEMENT]

 

    	 

    	 

    

 

SCHEDULE A

 

HOLDERS

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