Document:

Exhibit
10.4

 

Execution
Version

 

AMENDED
AND RESTATED

REGISTRATION
RIGHTS AGREEMENT

 

THIS
AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT (as the same may be amended, supplemented, restated or otherwise modified from
time to time in accordance with the terms hereof, this “Agreement”), dated as of February 1, 2021, is
made and entered into by and among:

 

(i)
FAST Acquisition Corp., a Delaware corporation (“SPAC”);

 

(ii)
FAST Sponsor, LLC, a Delaware limited liability company (“Sponsor”);

 

(iii)
FAST Merger Corp., a Texas corporation and direct, wholly-owned Subsidiary of SPAC (the “Company”);
and

 

(iv)
Tilman J. Fertitta, the sole stockholder of Fertitta Entertainment, Inc., a Texas corporation (“Legacy Florida”)
(the “Florida Stockholder” and, together with Sponsor and any person or entity who hereafter becomes
a party to this Agreement pursuant to Section 5.2 of this Agreement, a “Holder” and collectively
the “Holders”).

 

RECITALS

 

WHEREAS,
SPAC and Sponsor are party to that certain Registration Rights Agreement, dated as of August 20, 2020 (the “Original
RRA”);

 

WHEREAS,
contemporaneously with the execution and delivery of this Agreement, SPAC, the Company and Legacy Florida are entering into
that certain Agreement and Plan of Merger, dated as of February 1, 2021 (the “Merger Agreement”)
with FAST Merger Sub Inc., a Texas corporation and direct, wholly owned subsidiary of SPAC (“Merger Sub”),
(i) SPAC will merge (the “TX Merger”) with and into the Company, with the Company surviving the
TX Merger and (ii) Merger Sub, a Texas corporation and a direct, wholly owned subsidiary of the Company, will merge (the “Merger”
and together with the “Texas Merger,” the “Mergers”) with and into Legacy
Florida, with Legacy Florida surviving the Merger as a wholly owned subsidiary of the Company;

 

WHEREAS,
immediately prior to the effective time of the Texas Merger (the “Effective Time”), the Company shall,
subject to obtaining the requisite approval of SPAC’s stockholders, adopt the amended and restated certificate of formation
(the “A&R Charter”), which, among other things, will set forth certain rights and privileges of
the Common Stock;

 

WHEREAS,
following the closing of the Mergers, (i) Sponsor will beneficially own shares of Class A Common Stock (as defined herein) and
(ii) the Florida Stockholder will beneficially own shares of Class B Common Stock; and

 

WHEREAS,
in anticipation of the consummation of the transactions contemplated by the Merger Agreement (the “Closing”),
SPAC and Sponsor desire to amend and restate the Original RRA in its entirety as set forth herein, and SPAC, the Company and the
Holders desire to enter into this Agreement on the date hereof, to be effective upon the Closing, pursuant to which the Company
shall grant the Holders certain registration rights with respect to the Registrable Securities (as defined herein) on the terms
and conditions set forth in this Agreement.

 

     

     

    

 

NOW,
THEREFORE, in consideration of the representations, covenants and agreements contained herein, and certain other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally
bound, hereby agree as follows:

 

Article
I

DEFINITIONS

 

1.1
Definitions. The terms defined in this Article I shall, for all purposes of this Agreement, have the respective
meanings set forth below:

 

“Adverse
Disclosure” shall mean any public disclosure of material non-public information, which disclosure, in the good faith
judgment of the Chief Executive Officer of the Company or the Board, 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,
declared effective or used, as the case may be, and (iii) the Company has a bona fide business purpose for not making
such information public.

 

“Action”
shall mean any demand, action, claim, suit, countersuit, arbitration, inquiry, subpoena, case, litigation, proceeding or investigation
(whether civil, criminal, administrative or investigative) by or before any court or grand jury, any Governmental Authority or
any arbitration or mediation tribunal.

 

“Agreement”
shall have the meaning given in the Preamble hereto.

 

“A&R
Charter” shall have the meaning given in the Recitals hereto.

 

“Board”
means the board of directors of the Company.

 

“Block
Trade” shall have the meaning given in Section 2.4.

 

“Charter”
shall mean the certificate of formation of the Company in effect immediately prior to the adoption of the A&R Charter.

 

“Class
A Common Stock” shall mean the Class A Common Stock, par value $0.0001 per share, of the Company.

 

“Class
B Common Stock” shall mean the Class B Common Stock, par value $0.0001 per share, of the Company.

 

“Closing”
shall have the meaning given in the Recitals hereto.

 

“Closing
Date” shall have the meaning given in the Merger Agreement.

 

“Commission”
shall mean the Securities and Exchange Commission.

 

“Common
Stock” shall mean the Class A Common Stock and the Class B Common Stock.

 

“Company”
shall have the meaning given in the Recitals hereto and includes the Company’s successors by recapitalization, merger, consolidation,
spin-off, reorganization or similar transaction.

 

    2

     

    

 

“Demanding
Holder” shall have the meaning given in Section 2.1.4.

 

“Effective
Time” shall have the meaning given in the Recitals hereto.

 

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

 

“FINRA”
shall mean the Financial Industry Regulatory Authority Inc.

 

“Florida
Stockholder” shall have the meaning given in the Preamble hereto.

 

“Form
S-1 Shelf” shall have the meaning given in Section 2.1.1.

 

“Form
S-3 Shelf” shall have the meaning given in Section 2.1.1.

 

“Governmental
Authority” shall mean any nation or government, any state, municipality or other political subdivision thereof and
any entity, body, agency, commission, department, board, bureau, arbitral panel or court, whether domestic, foreign, multinational,
or supranational exercising executive, legislative, judicial, regulatory, self-regulatory or administrative functions of or pertaining
to government and any executive official thereof.

 

“Governmental
Order” means any order, judgment, injunction, decree, writ, stipulation, determination or award, in each case, entered
by or with any Governmental Authority.

 

“Holder”
and “Holders” shall have the meaning given in the Preamble hereto, for so long as such person or entity
holds any Registrable Securities.

 

“Holder
Information” shall have the meaning given in Section 4.1.2.

 

“Law”
shall mean any applicable U.S. or non-U.S. federal, national, supranational, state, provincial, local or similar statute, law,
ordinance, regulation, rule, code, income Tax treaty, Governmental Order, requirement or rule of law (including common law) or
other binding directives promulgated, issued, entered into or taken by any Governmental Authority.

 

“Legacy
Florida” shall have the meaning given in the Preamble hereto.

 

“Lockup
Agreements” shall mean (i) the Lockup Agreement, dated as of February 1, 2021, by and between SPAC and Newco, on
the one hand, and the Florida Stockholder, on the other hand, and (ii) the letter agreement, dated February 1, 2021, by and between
SPAC, Legacy Florida, Sponsor and certain officers and the members of the board of directors of the SPAC, as the same may be amended,
restated, amended and restated, supplemented or otherwise modified from time to time.

 

“Lockup
Period” or “Lockup Periods” shall have the meaning given in the respective Lockup Agreement.

 

“Maximum
Number of Securities” shall have the meaning given in Section 2.1.5.

 

“Merger”
shall have the meaning given in the Recitals hereto.

 

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

 

“Merger
Sub” shall have the meaning given in the Recitals hereto.

 

    3

     

    

 

“Minimum
Takedown Threshold” shall have the meaning given in Section 2.1.4.

 

“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 (in the case of a Prospectus,
in the light of the circumstances under which they were made) not misleading.

 

“Original
RRA” shall have the meaning given in the Recitals hereto.

 

“Permitted
Transferees” shall mean any person or entity to whom a Holder of Registrable Securities is permitted to transfer
such Registrable Securities prior to the expiration of the Lockup Period pursuant to the A&R Charter and the Lockup Agreements
to which such Holder is a party.

 

“Piggyback
Registration” shall have the meaning given in Section 2.2.1.

 

“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.

 

“Registrable
Security” shall mean (a) any outstanding shares of Class A Common Stock held by a Holder immediately following the
Closing (including shares of Class A Common Stock issued upon the conversion of the former shares of Class B common stock of the
SPAC at Closing, shares of Common Stock issuable to the Florida Stockholder in connection with the Merger pursuant to the terms
of the Merger Agreement), (b) any shares of Class A Common Stock issued or issuable upon the conversion or exchange of the Company’s
Class B Common Stock following the Closing in accordance with the A&R Charter, (c) any warrants or any shares of Common Stock
that may be acquired by Holders upon the exercise of a warrant or other right to acquire Common Stock held by a Holder immediately
following the Closing, (d) any shares of Common Stock or warrants to purchase shares of Common Stock (including any shares of
Common Stock issued or issuable upon the exercise of any such warrant) of the Company otherwise acquired or owned by a Holder
following the date hereof to the extent that such securities are “restricted securities” (as defined in Rule 144)
or are otherwise held by an “affiliate” (as defined in Rule 144) of the Company, and (e) any other equity security
of the Company or any of its subsidiaries issued or issuable with respect to any securities referenced in clause (a), (b), (c)
or (d) above by way of a stock dividend or stock split or in connection with a recapitalization, merger, consolidation, spin-off,
reorganization or similar transaction; provided, however, that, as to any particular Registrable Security, such
securities shall cease to be Registrable Securities upon the earliest to occur of: (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 by the applicable Holder; (B) such securities
shall have been otherwise transferred, new certificates or book entry statements 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; (D) such securities
may be sold without registration pursuant to Rule 144 or any successor rule promulgated under the Securities Act (but with no
volume or other restrictions or limitations including as to manner or timing of sale); and (E) 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, prospectus 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.

 

    4

     

    

 

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

 

(A)
all registration and filing fees (including fees with respect to filings required to be made with the Financial Industry Regulatory
Authority, Inc.) and any national securities exchange on which the Common Stock is then listed;

 

(B)
fees and expenses of compliance with securities or blue sky laws;

 

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

 

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

 

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

 

“Registration
Statement” shall mean any registration statement that covers 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
Holders” shall have the meaning given in Section 2.1.5.

 

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

 

“Shelf”
shall mean the Form S-1 Shelf, the Form S-3 Shelf or any Subsequent Shelf Registration, as the case may be.

 

“Shelf
Registration” shall mean a registration of securities pursuant to a registration statement filed with the Commission
in accordance with and pursuant to Rule 415 promulgated under the Securities Act (or any successor rule then in effect).

 

“SPAC”
shall have the meaning given in the Preamble hereto.

 

“Sponsor”
shall have the meaning given in the Preamble hereto.

 

“Subsequent
Shelf Registration” shall have the meaning given in Section 2.1.2.

 

“Texas
Merger Agreement” shall have the meaning given in the Merger Agreement.

 

“Transfer”
shall mean the (a) 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
with respect to, any security, (b) 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) public announcement of any intention to effect any transaction specified in clause (a) or (b).

 

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

 

    5

     

    

 

“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.

 

“Underwritten
Shelf Takedown” shall have the meaning given in Section 2.1.4.

 

“Withdrawal
Notice” shall have the meaning given in Section 2.1.6.

 

Article
II

REGISTRATIONS AND OFFERINGS

 

2.1
Shelf Registration.

 

2.1.1
Filing. The Company shall file within 30 days of the Closing Date, and use commercially reasonable efforts to cause to
be declared effective as soon as practicable thereafter, a Registration Statement for a Shelf Registration on Form S-1 (the “Form
S-1 Shelf”) or, if the Company is eligible to use a Registration Statement on Form S-3, a Shelf Registration on
Form S-3 (the “Form S-3 Shelf”), in each case, covering the resale of all the Registrable Securities
(determined as of two business days prior to such filing) on a delayed or continuous basis. Such Shelf shall provide for the resale
of the Registrable Securities included therein pursuant to any method or combination of methods legally available to, and requested
by, any Holder named therein. The Company shall maintain a Shelf in accordance with the terms hereof, and shall prepare and file
with the SEC such amendments, including post-effective amendments, and supplements as may be necessary to keep a Shelf continuously
effective, available for use and in compliance with the provisions of the Securities Act until such time as there are no longer
any Registrable Securities. In the event the Company files a Form S-1 Shelf, the Company shall use its commercially reasonable
efforts to convert the Form S-1 Shelf (and any Subsequent Shelf Registration) to a Form S-3 Shelf as soon as practicable after
the Company is eligible to use Form S-3.

 

2.1.2
Subsequent Shelf Registration. If any Shelf ceases to be effective under the Securities Act for any reason at any time
while Registrable Securities are still outstanding, the Company shall, subject to Section 3.4, use its commercially reasonable
efforts to as promptly as is reasonably practicable cause such Shelf to again become effective under the Securities Act (including
obtaining the prompt withdrawal of any order suspending the effectiveness of such Shelf), and shall use its commercially reasonable
efforts to as promptly as is reasonably practicable amend such Shelf in a manner reasonably expected to result in the withdrawal
of any order suspending the effectiveness of such Shelf or file an additional registration statement as a Shelf Registration (a
“Subsequent Shelf Registration”) registering the resale of all Registrable Securities (determined as
of two business days prior to such filing), and pursuant to any method or combination of methods legally available to, and requested
by, any Holder named therein. If a Subsequent Shelf Registration is filed, the Company shall use its commercially reasonable efforts
to (i) cause such Subsequent Shelf Registration to become effective under the Securities Act as promptly as is reasonably practicable
after the filing thereof (it being agreed that the Subsequent Shelf Registration shall be an automatic shelf registration statement
(as defined in Rule 405 promulgated under the Securities Act) if the Company is a well-known seasoned issuer (as defined in Rule
405 promulgated under the Securities Act) at the most recent applicable eligibility determination date) and (ii) keep such
Subsequent Shelf Registration continuously effective, available for use and in compliance with the provisions of the Securities
Act until such time as there are no longer any Registrable Securities. Any such Subsequent Shelf Registration shall be on Form
S-3 to the extent that the Company is eligible to use such form. Otherwise, such Subsequent Shelf Registration shall be on another
appropriate form.

 

    6

     

    

 

2.1.3
Additional Registerable Securities. In the event that any Holder holds Registrable Securities that are not registered for
resale on a delayed or continuous basis, the Company, upon written request of the Sponsor, shall promptly use its commercially
reasonable efforts to cause the resale of such Registrable Securities to be covered by either, at the Company’s option,
any then available Shelf (including by means of a post-effective amendment) or by filing a Subsequent Shelf Registration and cause
the same to become effective as soon as practicable after such filing and such Shelf or Subsequent Shelf Registration shall be
subject to the terms hereof; provided, however, that the Company shall only be required to cause such Registrable Securities to
be so covered twice per calendar year for the Sponsor.

 

2.1.4
Requests for Underwritten Shelf Takedowns. At any time and from time to time when an effective Shelf is on file with the
Commission, the Sponsor (in such case, a “Demanding Holder”) may request to sell all or any portion
of its Registrable Securities in an Underwritten Offering or other coordinated offering that is registered pursuant to the Shelf
(each, an “Underwritten Shelf Takedown”); provided that the Company shall only be obligated to
effect an Underwritten Shelf Takedown if such offering shall include Registrable Securities proposed to be sold by the Demanding
Holder with a total offering price reasonably expected to exceed, in the aggregate, $30 million (the “Minimum Takedown
Threshold”). All requests for Underwritten Shelf Takedowns shall be made by giving written notice to the Company,
which shall specify the approximate number of Registrable Securities proposed to be sold in the Underwritten Shelf Takedown. Subject
to Section 2.4.4, the Company shall have the right to select the Underwriters for such offering (which shall consist of
one or more reputable nationally recognized investment banks), subject to the Demanding Holder’s prior approval (which shall
not be unreasonably withheld, conditioned or delayed). The Sponsor may demand not more than two (2) Underwritten Shelf Takedowns
pursuant to this Section 2.1.4 in any 12-month period. Notwithstanding anything to the contrary in this Agreement, the
Company may effect any Underwritten Offering pursuant to any then effective Registration Statement, including a Form S-3, that
is then available for such offering.

 

2.1.5
Reduction of Underwritten Offering. If the managing Underwriter or Underwriters in an Underwritten Shelf Takedown, in good
faith, advises the Company, the Demanding Holder and the Holders requesting piggy back rights pursuant to this Agreement with
respect to such Underwritten Shelf Takedown (the “Requesting Holders”) (if any) in writing that the
dollar amount or number of Registrable Securities that the Demanding Holder and the Requesting Holders (if any) desire to sell,
taken together with all other shares of Class A Common Stock or other equity securities that the Company desires to sell and all
other shares of Class A Common Stock or other equity securities, if any, that have been requested to be sold in such Underwritten
Offering pursuant to separate written contractual piggy-back registration rights held by any other stockholders, 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, before including any shares of Common Stock or other equity securities
proposed to be sold by Company or by other holders of Common Stock or other equity securities, the Registrable Securities of the
Demanding Holder and the Requesting Holders (if any) (pro rata based on the respective number of Registrable Securities that such
Demanding Holder and Requesting Holder (if any) has requested be included in such Underwritten Shelf Takedown and the aggregate
number of Registrable Securities that the Demanding Holder and Requesting Holders have requested be included in such Underwritten
Shelf Takedown) that can be sold without exceeding the Maximum Number of Securities.

 

2.1.6
Withdrawal. Prior to the filing of the applicable “red herring” prospectus or prospectus supplement used for
marketing such Underwritten Shelf Takedown, the Demanding Holder initiating an Underwritten Shelf Takedown shall have the right
to withdraw from such Underwritten Shelf Takedown for any or no reason whatsoever upon written notification (a “Withdrawal
Notice”) to the Company and the Underwriter or Underwriters (if any) of its intention to withdraw from such Underwritten
Shelf Takedown, and such Underwritten Shelf Takedown shall not be counted as a demand for an Underwritten Shelf Takedown under
Section 2.1.4 hereof; provided that the Requesting Holders may elect to have the Company continue an Underwritten Shelf Takedown
if the Minimum Takedown Threshold would still be satisfied by the Registrable Securities proposed to be sold in the Underwritten
Shelf Takedown. Following the receipt of any Withdrawal Notice, the Company shall promptly forward such Withdrawal Notice to any
other Holders that had elected to participate in such Underwritten Shelf Takedown. Notwithstanding anything to the contrary in
this Agreement, the Company shall be responsible for the Registration Expenses incurred in connection with an Underwritten Shelf
Takedown prior to its withdrawal under this Section 2.1.6. Notwithstanding anything to the contrary in this Agreement,
the Company shall be responsible for the Registration Expenses incurred in connection with a Shelf Takedown prior to its withdrawal
under this Section 2.1.6.

 

    7

     

    

 

2.2
Piggyback Registration.

 

2.2.1
Piggyback Rights. Subject to Section 2.4.3, if any Holder proposes to conduct a registered offering of, or if the Company
proposes to file a Registration Statement under the Securities Act with respect to the Registration of, equity securities, or
securities or other obligations exercisable or exchangeable for, or convertible into equity securities, for the account of one
or more stockholders of the Company (or by one or more stockholders of the Company including, without limitation, an Underwritten
Shelf Takedown pursuant to Section 2.1 hereof), other than a Registration Statement (or any registered offering with respect thereto)
(i) filed in connection with any employee stock option or other benefit plan, (ii) pursuant to a Registration Statement on Form
S-4 (or similar form that relates to a transaction subject to Rule 145 under the Securities Act or any successor rule thereto),
(iii) for an offering of debt that is convertible into equity securities of the Company, (iv) for a dividend reinvestment plan
or (v) for a rights offering, then the Company shall give written notice of such proposed offering 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
or, in the case of an Underwritten Offering pursuant to a Shelf Registration, the date of the applicable “red herring”
prospectus or prospectus supplement used for marketing such offering, which notice shall (A) describe the amount and type of securities
to be included in such offering, the intended method(s) of distribution, and the name of the proposed managing Underwriter or
Underwriters, if any, in such offering, and (B) offer to all of the Holders of Registrable Securities the opportunity to include
in such registered offering such number of Registrable Securities as such Holders may request in writing within five (5) days
after receipt of such written notice (such registered offering, a “Piggyback Registration”). Subject
to Section 2.2.2, the Company shall, in good faith, cause such Registrable Securities to be included in such Piggyback Registration
and, if applicable, shall use its commercially reasonable efforts to cause the managing Underwriter or Underwriters of such Piggyback
Registration to permit the Registrable Securities requested by the Holders pursuant to this Section 2.2.1 to be included therein
on the same terms and conditions as any similar securities of the Company included in such registered offering and to permit the
sale or other disposition of such Registrable Securities in accordance with the intended method(s) of distribution thereof. The
inclusion of any Holder’s Registrable Securities in a Piggyback Registration shall be subject to such Holder’s agreement
to enter into an underwriting agreement in customary form with the Underwriter(s) selected for such Underwritten Offering. For
the avoidance of doubt, Piggyback Registration shall not be available where the Company proposes to conduct a registered offering
of, or if the Company proposes to file a Registration Statement under the Securities Act solely with respect to the Registration
of, equity securities, or securities or other obligations exercisable or exchangeable for, or convertible into equity securities,
to be issued by the Company on a primary basis.

 

    8

     

    

 

2.2.2
Reduction of Piggyback Registration. If the managing Underwriter or Underwriters in an Underwritten Offering 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 dollar amount or number of shares of Class A Common Stock or other equity securities
that the Company desires to sell, if any, taken together with (i) the shares of Class A Common Stock or other equity securities,
if any, as to which Registration or a registered offering has been demanded pursuant to separate written contractual arrangements
with persons or entities other than the Holders of Registrable Securities hereunder, (ii) the Registrable Securities as to which
registration has been requested pursuant to Section 2.2 hereof, and (iii) the shares of Class A Common Stock or other equity securities,
if any, as to which Registration or a registered offering has been requested pursuant to separate written contractual piggy-back
registration rights of other stockholders of the Company, exceeds the Maximum Number of Securities, then:

 

(a)
if the Registration or registered offering 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 or registered offering (A) 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; (B) second, to the extent that the Maximum Number of Securities
has not been reached under the foregoing clause (A), the Registrable Securities of Holders exercising their rights to register
their Registrable Securities pursuant to Section 2.2.1, pro rata, based on the respective number of Registrable
Securities that each Holder has requested be included in such Underwritten Offering and the aggregate number of Registrable Securities
that the Holders have requested to be included in such Underwritten Offering, which can be sold without exceeding the Maximum
Number of Securities; (C) third, to the extent that the Maximum Number of Securities has not been reached under the foregoing
clauses (A) and (B), 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 (D) fourth, to the extent that the Maximum Number of Securities has not
been reached under the foregoing clauses (A), (B) and (C), 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; and

 

(b)
if the Registration or registered offering is pursuant to a request by Holder(s) of Registrable Securities pursuant to Section
2.1 hereof, then the Company shall include in any such Registration or registered offering securities in the priority set
forth in Section 2.1.5.

 

2.2.3
Piggyback Registration Withdrawal. Any Holder of Registrable Securities (other than the Demanding Holder, whose right to
withdrawal from an Underwritten Shelf Takedown, and related obligations, shall be governed by Section 2.1.6) 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 or Underwriters (if any) 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 or, in the case
of a Piggyback Registration pursuant to a Shelf Registration, the filing of the applicable “red herring” prospectus
or prospectus supplement with respect to such Piggyback Registration used for marketing such transaction. 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 (which,
in no circumstance, shall include the Shelf) at any time prior to the effectiveness of such Registration Statement. Notwithstanding
anything to the contrary in this Agreement (other than Section 2.1.6), the Company shall be responsible for the Registration
Expenses incurred in connection with the Piggyback Registration prior to its withdrawal under this Section 2.2.3.

 

2.2.4
Unlimited Piggyback Registration Rights. For purposes of clarity, subject to Section 2.1.6, any Piggyback Registration
effected pursuant to Section 2.2 hereof shall not be counted as a demand for an Underwritten Shelf Takedown under Section
2.1.4 hereof.

 

    9

     

    

 

2.3
Market Stand-off. In connection with any Underwritten Offering of equity securities of the Company (other than a Block
Trade), each Holder given an opportunity to participate in the Underwritten Offering pursuant to the terms of this Agreement agrees
that it shall not Transfer any shares of Common Stock or other equity securities of the Company (other than those included in
such offering pursuant to this Agreement), without the prior written consent of the Company, during the 90-day period beginning
on the date of pricing of such offering or such shorter period during which the Company agrees not to conduct an underwritten
primary offering of Common Stock, except in the event the Underwriters managing the offering otherwise agree by written consent.
Each Holder agrees to execute a customary lock-up agreement in favor of the Underwriters to such effect (in each case on substantially
the same terms and conditions as all such Holders).

 

2.4
Block Trades. Notwithstanding any other provision of Article II, but subject to Sections 2.3 and 3.4, if the Holders desire
to effect a Block Trade, the Holders shall provide written notice to the Company at least five (5) business days prior to the
date such Block Trade will commence. As promptly as reasonably practicable, the Company shall use its reasonable best efforts
to facilitate such Block Trade. The Holders shall use reasonable best efforts to work with the Company and the Underwriter(s)
(including by disclosing the maximum number of Registrable Securities proposed to be the subject of such Block Trade) in order
to facilitate preparation of the Registration Statement, Prospectus and other offering documentation related to the Block Trade
and any related due diligence and comfort procedures.

 

Article
III

COMPANY PROCEDURES

 

3.1
General Procedures. In connection with any Shelf and/or Underwritten Shelf Takedown, the Company shall use its commercially
reasonable 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:

 

3.1.1
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 have ceased to be Registrable Securities;

 

3.1.2
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 reasonably requested by any Holder that holds at least five (5.0%) percent of the Registrable Securities
registered on such Registration Statement 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;

 

3.1.3
prior to filing a Registration Statement or Prospectus, or any amendment or supplement thereto, furnish without charge to the
Underwriters, 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 Underwriters 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;

 

    10

     

    

 

3.1.4
prior to any public offering of Registrable Securities (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 (or provide evidence satisfactory to such Holders that the Registrable Securities are exempt from such registration or
qualification) 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;

 

3.1.5
cause all such Registrable Securities to be listed on each national securities exchange on which similar securities issued by
the Company are then listed;

 

3.1.6
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;

 

3.1.7
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;

 

3.1.8
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 such shorter period of time as may be necessary in order to comply with the Securities
Act, the Exchange Act, and the rules and regulations promulgated under the Securities Act or Exchange Act, as applicable), furnish
a copy thereof to each seller of such Registrable Securities or its counsel (excluding any exhibits thereto and any filing made
under the Exchange Act that is to be incorporated by reference therein);

 

3.1.9
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;

 

3.1.10
permit a representative of the Holders, the Underwriters, 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 or Underwriters
agree to confidentiality arrangements reasonably satisfactory to the Company, prior to the release or disclosure of any such information;

 

3.1.11
obtain a “comfort” letter from the Company’s independent registered public accountants in the event of an Underwritten
Offering or other coordinated offering that is registered pursuant to a Registration Statement, in customary form and covering
such matters of the type customarily covered by “comfort” letters as the managing Underwriter or other similar type
of sales agent or placement agent may reasonably request, and reasonably satisfactory to a majority-in-interest of the participating
Holders;

 

    11

     

    

 

3.1.12
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 negative assurance letters, and reasonably satisfactory to a majority-in-interest of the participating
Holders;

 

3.1.13
in the event of any Underwritten Offering or other coordinated offering that is registered pursuant to a Registration Statement,
enter into and perform its obligations under an underwriting agreement, sales agreement or placement agreement, in usual and customary
form, with the managing Underwriter, sales agent or placement agent of such offering;

 

3.1.14
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 (or any
successor rule then in effect);

 

3.1.15
if the Registration involves the Registration of Registrable Securities involving gross proceeds in excess of $30 million with
respect to an Underwritten Offering pursuant to Section 2.1.4, 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 such Underwritten Offering;

 

3.1.16
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; and

 

3.1.17
upon request of a Holder, the Company shall (i) authorize the Company’s transfer agent to remove any legend on share certificates
of such Holder’s Common Stock restricting further transfer (or any similar restriction in book entry positions of such Holder)
if such restrictions are no longer required by the Securities Act or any applicable state securities laws or any agreement with
the Company to which such Holder is a party, including if such shares subject to such a restriction have been sold on a Registration
Statement, (ii) request the Company’s transfer agent to issue in lieu thereof shares of Common Stock without such restrictions
to the Holder upon, as applicable, surrender of any stock certificates evidencing such shares of Common Stock, or to update the
applicable book entry position of such Holder so that it no longer is subject to such a restriction, and (iii) use commercially
reasonable efforts to cooperate with such Holder to have such Holder’s shares of Common Stock transferred into a book-entry
position at The Depository Trust Company, in each case, subject to delivery of customary documentation, including any documentation
required by such restrictive legend or book-entry notation.

 

Notwithstanding
the foregoing, the Company shall not be required to provide any documents or information to an Underwriter or other sales agent
or placement agent if such Underwriter or other sales agent or placement agent has not then been named with respect to the applicable
Underwritten Offering or other coordinated offering that is registered pursuant to a Registration Statement.

 

3.2
Registration Expenses. The Registration Expenses of all Registrations shall be borne by the Company; provided, however,
that the Holders shall bear all incremental selling expenses relating to the sale of Registrable Securities, such as Underwriters’
or agents’ 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.

 

    12

     

    

 

3.3
Requirements for Participation in Registration Statement; Underwritten Offerings. Notwithstanding anything in this Agreement
to the contrary, if any Holder does not provide the Company with its requested Holder Information, the Company may exclude such
Holder’s Registrable Securities from the applicable Registration Statement or Prospectus if the Company determines, based
on the advice of counsel, that such information is necessary to effect the registration and such Holder continues thereafter to
withhold such information. No person may participate in any Underwritten Offering or other coordinated offering for equity securities
of the Company pursuant to a Registration initiated by the Company hereunder unless such person (i) agrees to sell such person’s
securities on the basis provided in any arrangements approved by the Company and (ii) completes and executes all customary questionnaires,
powers of attorney, indemnities, lock-up agreements, underwriting or other agreements and other customary documents as may be
reasonably required under the terms of such arrangements. The exclusion of a Holder’s Registrable Securities as a result
of this Section 3.3 shall not affect the registration of the other Registrable Securities to be included in such Registration.

 

3.4
Suspension of Sales; Adverse Disclosure; Restrictions on Registration Rights. 

 

3.4.1
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.

 

3.4.2
If the filing, initial effectiveness or continued use of a Registration Statement in respect of any Registration at any time would
(a) require the Company to make an Adverse Disclosure, (b) require the inclusion in such Registration Statement of financial
statements that are unavailable to the Company for reasons beyond the Company’s control, or (c) in the good faith judgment
of the majority of the Board, be seriously detrimental to the Company and the majority of the Board concludes as a result that
it is essential to defer such filing, initial effectiveness or continued use at such time, 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 determined in good faith by the Company to be necessary for such purpose. In the event
the Company exercises its rights under this Section 3.4.2, 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.

 

3.5
Reporting Obligations. As long as any Holder shall own Registrable Securities, the Company, at all times while it shall
be a reporting company 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; provided
that any documents publicly filed or furnished with the Commission pursuant to the Electronic Data Gathering, Analysis and
Retrieval System shall be deemed to have been furnished or delivered to the Holders pursuant to this Section 3.5. The Company
further covenants that it shall take such further action as any Holder may reasonably request, all to the extent required from
time to time to enable such Holder to sell shares of 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 (or any successor rule then
in effect). 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.

 

    13

     

    

 

Article
IV

INDEMNIFICATION AND CONTRIBUTION

 

4.1
Indemnification.

 

4.1.1
The Company agrees to indemnify, to the extent permitted by law, each Holder of Registrable Securities, its officers, directors
and agents and each person who controls such Holder (within the meaning of the Securities Act) against all losses, claims, damages,
liabilities and out-of-pocket expenses (including without limitation reasonable outside attorneys’ fees) resulting from
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
or affidavit so furnished in writing to the Company by such Holder expressly for use therein.

 

4.1.2
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 (the “Holder Information”) and, to the extent permitted
by law, shall indemnify the Company, its directors, officers and agents and each person who controls the Company (within the meaning
of the Securities Act) against all losses, claims, damages, liabilities and out-of-pocket expenses (including without limitation
reasonable outside attorneys’ fees) resulting from 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,
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.

 

4.1.3
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.

 

    14

     

    

 

4.1.4
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 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.

 

4.1.5
If the indemnification provided under Section 4.1 hereof from the indemnifying party is unavailable or insufficient to
hold harmless an indemnified party in respect of any losses, claims, damages, liabilities and out-of-pocket 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 out-of-pocket 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 4.1.5 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 4.1.1, 4.1.2 and 4.1.3 above, any legal
or other fees, charges or out-of-pocket 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 4.1.5 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 4.1.5. 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 4.1.5 from any person who was not guilty
of such fraudulent misrepresentation.

 

Article
V

MISCELLANEOUS

 

5.1
Notices. All notices and other communications among the parties shall be in writing and shall be deemed to have been duly
given (i) when delivered in person, (ii) when delivered after posting in the United States mail having been sent registered or
certified mail return receipt requested, postage prepaid, (iii) when delivered by FedEx or other nationally recognized overnight
delivery service or (iv) when e-mailed during normal business hours (and otherwise as of the immediately following Business Day),
addressed as follows. Any notice or communication under this Agreement must be addressed, if to the Company, to 1510 West Loop
South, Houston, TX 77027, Attention: Steven L. Scheinthal, Email: sscheinthal@ldry.com, and, if to any Holder, at such Holder’s
address or facsimile number as set forth in the Company’s books and records. Any party may change its address for notice
at any time and from time to time by written notice to the other parties hereto, and such change of address shall become effective
thirty (30) days after delivery of such notice as provided in this Section 5.1.

 

    15

     

    

 

5.2
Assignment; No Third Party Beneficiaries.

 

5.2.1
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.

 

5.2.2
A Holder may assign or delegate such Holder’s rights, duties or obligations under this Agreement, in whole or in part, to
any person to whom it transfers Registrable Securities; provided that such Registrable Securities remain Registrable Securities
following such transfer and such person agrees to become bound by the terms and provisions of this Agreement.

 

5.2.3
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 5.1
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).

 

5.2.4
Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective
permitted successors and assigns. Any attempted assignment in violation of the terms of this Section 5.2 shall be null
and void, ab initio.

 

5.2.5
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 and Section 5.2 hereof.

 

5.3
Captions. The captions in this Agreement are for convenience only and shall not be considered a part of or affect the construction
or interpretation of any provision of this Agreement. 

 

5.4
Counterparts. This Agreement may be executed in two (2) or more counterparts, each of which shall be deemed an original,
but all of which together shall constitute one and the same instrument. 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.

 

5.5
Severability. In the event that any provision of this Agreement shall be invalid, illegal or unenforceable, the validity,
legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

 

5.6
Governing Law. This Agreement, the rights and duties of the parties hereto, any disputes (whether in contract, tort or
statute), and the legal relations between the parties arising hereunder shall be governed by and interpreted and enforced in accordance
with the laws of the State of Texas without reference to its conflicts of laws provisions.

 

5.7
Jurisdiction. Any suit, action or proceeding seeking to enforce any provision of, or based on any matter arising out of
or in connection with, this Agreement shall be brought against any of the parties in the State of Texas, and each of the parties
hereby consents to the exclusive jurisdiction of such court (and of the appropriate appellate courts) in any such suit, action
or proceeding and waives any objection to venue laid therein. Process in any such suit, action or proceeding may be served on
any party anywhere in the world, whether within or without the jurisdiction of any such court.

 

5.8
WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL
PROCEEDING ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT.

 

    16

     

    

 

5.9
Amendments and Modifications. Upon the written consent of (a) the Company, (b) Sponsor and (c) the Holders of a majority
of the total Registrable Securities, compliance with any of the provisions, covenants and conditions set forth in this Agreement
may be waived, or any of such provisions, covenants or conditions may be amended or modified; provided, however,
that in the event any such waiver, amendment or modification would be disproportionate and adverse in any material respect to
the material rights or obligations hereunder of a Holder, the written consent of such Holder will also be required. No course
of dealing between any Holder or the Company and any other party hereto or any failure or delay on the part of a Holder or the
Company in exercising any rights or remedies under this Agreement shall operate as a waiver of any rights or remedies of any Holder
or the Company. No single or partial exercise of any rights or remedies under this Agreement by a party shall operate as a waiver
or preclude the exercise of any other rights or remedies hereunder or thereunder by such party.

 

5.10
Termination of Existing Registration Rights. The registration rights granted under this Agreement shall supersede any registration,
qualification or similar rights of the Holders with respect to any shares or securities of SPAC, the Company or Legacy Florida
granted under any other agreement, including, but not limited to, the Original RRA, and any of such preexisting registration,
qualification or similar rights and such agreements shall be terminated and of no further force and effect.

 

5.11
Term. This Agreement shall be effective from and after the Closing Date and shall terminate with respect to any Holder
on the date that such Holder no longer holds any Registrable Securities. The provisions of Section 3.5 and Article IV
shall survive any termination.

 

5.12
Holder Information. Each Holder agrees, if requested in writing, to represent to the Company the total number of Registrable
Securities held by such Holder in order for the Company to make determinations hereunder.

 

[SIGNATURE
PAGES FOLLOW]

 

    17

     

    

 

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

 

	 	COMPANY:
	 	 
	 	FAST
    MERGER CORP.
	 	 
	 	/s/
    Sandy Beall
	 	Name:
    Sandy Beall
	 	Title:
    President

 

	 	SPAC:
	 	 
	 	FAST
    ACQUISITION CORP.
	 	 
	 	/s/
    Sandy Beall
	 	Name:
    Sandy Beall
	 	Title:
    Chief Executive Officer

 

[Signature
Page to Registration Rights Agreement]

 

    18

     

    

  

	 	HOLDERS:
	 	 
	 	FAST
    SPONSOR, LLC
	 	 
	 	/s/
    William Douglas Jacob
	 	Name:
    William Douglas Jacob
	 	Title:
    Manager

 

[Signature
Page to Registration Rights Agreement]

 

    19

     

    

 

	 	/s/
    Tilman J. Fertitta
	 	Tilman
    J. Fertitta

 
[Signature
                                         Page to Registration Rights Agreement]

 

 

20Exhibit 10.5

 

Execution Version

 

LOCKUP AGREEMENT

 

This Lockup
Agreement is dated as of February 1, 2021, and is between FAST Acquisition Corp., a Delaware corporation (“FAST”),
FAST Merger Corp., a Texas corporation (“NewCo”), and Tilman J. Fertitta and the other persons who enter
into a joinder to this Agreement substantially in the form of Exhibit A hereto with the Company in order to become
a “Stockholder Party” for purposes of this Agreement (collectively, the “Stockholder Parties”).
Capitalized terms used but not defined herein shall have the meanings assigned to them in the Stockholders Agreement (as defined
below).

 

RECITALS

 

WHEREAS, the
Stockholder Parties own or will own equity interests in Fertitta Entertainment, Inc., a Texas corporation (“Company”);

 

WHEREAS, pursuant
to that certain Agreement and Plan of Merger, dated as of February 1, 2021 (the “Merger Agreement”),
(i) FAST, will merge (the “TX Merger”) with and into NewCo, with NewCo surviving the Merger and (ii)
FAST Merger Sub, a Texas corporation and a direct, wholly owned subsidiary of NewCo, will merge (the “Merger”
and together with the “Texas Merger,” the “Mergers”) with and into Company,
with Company surviving the Merger as a wholly owned subsidiary of NewCo;

 

WHEREAS, FAST
Sponsor, LLC, a Delaware limited liability company (“Sponsor”) and a Stockholder Party hereto, will also
execute the Stockholders Agreement as of the date of the closing of the Mergers (the “Closing Date”);
and

 

WHEREAS, in
connection with the Mergers and effective upon the consummation thereof, the parties hereto wish to set forth herein certain understandings
between such parties with respect to restrictions on transfer of equity interests in Company.

 

NOW, THEREFORE,
the parties agree as follows:

 

ARTICLE I

INTRODUCTORY MATTERS

 

1.1 Defined
Terms. In addition to the terms defined elsewhere herein, the following terms have the following meanings when used herein
with initial capital letters:

 

“Action”
has the meaning set forth in Section 3.8.

 

“Agreement”
means this Lockup Agreement, as the same may be amended, supplemented, restated or otherwise modified from time to time in accordance
with the terms hereof.

 

“Class
A Common Stock” means the Class A common stock, par value $[0.0001] per share, of the Company, following the consummation
of the Mergers.

 

     

     

    

 

“Class
B Common Stock” means the Class B common stock, par value $[0.0001] per share, of the Company, following the consummation
of the Mergers.

 

“Closing
Date” has the meaning set forth in the Recitals.

 

“Common
Stock” means the Class A Common Stock and the Class B Common Stock.

 

“Company”
means NewCo, following the consummation of the Mergers.

 

“covered
shares” has the meaning set forth in Section 2.1.

 

“Early
Release Date” has the meaning set forth in Section 2.1(a).

 

“Exchange
Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder,
as the same may be amended from time to time.

 

“FAST”
has the meaning set forth in the Recitals.

 

“FEI”
has the meaning set forth in the Recitals.

 

“immediate
family” has the meaning set forth in Section 2.1(b).

 

“Lock-Up
Period” has the meaning set forth in Section 2.1(a).

 

“Non-Recourse
Party” means any past, present or future director, officer, employee, incorporator, member, partner, stockholder,
Affiliate, agent, attorney, advisor or representative or Affiliate of any named party to this Agreement and any past, present or
future director, officer, employee, incorporator, member, partner, stockholder, Affiliate, agent, attorney, advisor or representative
or Affiliate of any of the foregoing.

 

“Permitted
Transferees” means, with respect to a Stockholder Party, each of (i) Tilman J. Fertitta, (ii) Paige Fertitta and
(iii) any other Transferee of shares that agrees to become party to, and to be bound to the same extent as its Transferor by the
terms of, this Agreement.

 

“shares”
means shares of Common Stock held by Sponsor immediately following the Mergers (but not warrants to acquire shares of Common Stock
held by Sponsor or any shares issued upon the exercise of such warrants) and the shares of Common Stock received by the other Stockholder
Parties pursuant to the Merger Agreement.

 

“Sponsor”
means FAST Sponsor, LLC, a Delaware limited liability company.

 

“Sponsor
Designee” has the meaning set forth in the Stockholders Agreement.

 

“Stockholder
Parties” has the meaning set forth in the Preamble.

 

“Stockholders
Agreement” means the Stockholders Agreement, dated as of February 1, 2021 by and among the Company, NewCo, the Sponsor
and the other persons party thereto or that may become parties thereto from time to time, as the same may be amended, restated,
supplemented and/or otherwise modified, from time to time.

 

    2

     

    

 

1.2 Construction.
The language used in this Agreement will be deemed to be the language chosen by the parties to express their mutual intent, and
no rule of strict construction will be applied against any party. Unless the context otherwise requires: (a) “or”
is disjunctive but not exclusive, (b) words in the singular include the plural, and in the plural include the singular, and
(c) the words “hereof”, “herein”, and “hereunder” and words of similar import when used
in this Agreement refer to this Agreement as a whole and not to any particular provision of this Agreement, and Section references
are to sections of this Agreement unless otherwise specified.

 

ARTICLE II

LOCKUP

 

2.1 Lockup.
(a) During the period beginning as of the Effective Time (as defined in the Merger Agreement) of the Merger and continuing until
the earlier to occur of (i) the first anniversary of the Effective Time and (ii) the Early Release Date (such period, the “Lock-Up
Period”) and subject to Section 2.1(b), each Stockholder Party agrees not to, directly or indirectly, offer, sell,
contract to sell, pledge, grant any option to purchase, make any short sale or otherwise dispose of any shares, or any options
or warrants to purchase any shares, or any securities convertible into, exchangeable for or that represent the right to receive
shares, or any interest in any of the foregoing, whether now owned or hereinafter acquired, owned directly by the undersigned (including
holding as a custodian) or with respect to which the undersigned has beneficial ownership within the rules and regulations of the
U.S. Securities and Exchange Commission other than warrants held by Sponsor or shares received by Sponsor upon the exercise of
such warrants (collectively, the “covered shares”). The foregoing restriction is expressly agreed to
preclude such Stockholder Parties from engaging in any hedging or other transaction which is designed to or which reasonably could
be expected to lead to or result in a sale or disposition of the covered shares even if such covered shares would be disposed of
by someone other than such Stockholder Parties. Such prohibited hedging or other transactions would include, without limitation,
any short sale or any purchase, sale or grant of any right (including, without limitation, any put or call option) with respect
to any of the covered shares or with respect to any security that includes, relates to, or derives any significant part of its
value from such covered shares. The “Early Release Date” shall be on the earlier of (i) the date on which the closing
price of a share of Class A Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations,
recapitalizations and the like) for any 20 trading days within any 30 consecutive trading day period; provided, that such 30 trading
day period shall commence no earlier than the date that is 150 days after the Closing Date or (ii) the date on which the Company
completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the
Company’s stockholders having the right to exchange their shares of Class A Common Stock for cash, securities or other property.

 

    3

     

    

 

(b) Notwithstanding
the foregoing, a Stockholder Party may transfer or dispose of its shares following the Effective Time (i) by will or intestacy,
(ii) as a bona fide gift or gifts, including to charitable organizations, (iii) to any trust, partnership, limited liability
company or other entity for the direct or indirect benefit of the undersigned or the immediate family of the undersigned (for purposes
of this Section 2.1, “immediate family” shall mean any relationship by blood, current or
former marriage or adoption, not more remote than first cousin), (iv) to any immediate family member or other dependent, (v) as
a distribution to limited partners, members or stockholders of such Stockholder Party, (vi) to its Affiliated investment fund
or other Affiliated entity controlled or managed by such Stockholder Party or its Affiliates, (vii) to a nominee or custodian
of a Person to whom a disposition or transfer would be permissible under clauses (i) through (vi) above, (viii) pursuant to
an order or decree of a Governmental Authority, (ix) from an executive officer to the Company or its Subsidiary or parent
entities upon death, disability or termination of employment, in each case, of such executive officer, (x) pursuant to a bona
fide third-party tender offer, merger, consolidation or other similar transaction in each case made to all holders of the shares
involving a Change of Control (as defined below) (including negotiating and entering into an agreement providing for any such transaction),
provided that in the event that such tender offer, merger, consolidation or other such transaction is not completed, such Stockholder
Party’s shares shall remain subject to the provisions of this Section 2.1, (xi) to the Company (1) pursuant
to the exercise, in each case on a “cashless” or “net exercise” basis, of any option to purchase shares
granted by the Company pursuant to any employee benefit plans or arrangements which are set to expire during the Lock-Up Period;
provided, however, that any such shares received by the undersigned upon any such exercise will be subject to the terms of this
Section 2.1, or (2) for the purpose of satisfying any withholding taxes (including estimated taxes) due as a result
of the exercise of any option to purchase shares or the vesting of any restricted stock awards granted by the Company pursuant
to employee benefit plans or arrangements which are set to expire or automatically vest during the Lock-Up Period, in each case
on a “cashless” or “net exercise” basis, where any shares received by such Stockholder Party upon any such
exercise or vesting will be subject to the terms of this Section 2.1, or (xii) with the prior written consent of the
Company; provided that:

 

(i) in
the case of each transfer or distribution pursuant to clauses (ii) through (vii) above, (a) each donee, trustee, distributee
or transferee, as the case may be, agrees to be bound in writing by the restrictions set forth in this Section 2.1;
and (b) any such transfer or distribution shall not involve a disposition for value, other than with respect to any such transfer
or distribution for which the transferor or distributor receives (x) equity interests of such transferee or (y) such
transferee’s interests in the transferor;

 

(ii) in
the case of each transfer or distribution pursuant to clauses (ii) through (vii) above, if any public reports or filings (including
filings under Section 16(a) of the Exchange Act) reporting a reduction in beneficial ownership of shares shall be required
or shall be voluntarily made during the Lock-Up Period (a) such Stockholder Party shall provide the Company prior written
notice informing them of such report or filing and (b) such report or filing shall disclose that such donee, trustee, distributee
or transferee, as the case may be, agrees to be bound in writing by the restrictions set forth herein; and

 

(iii) for
purposes of clause (x) above, “Change of Control” shall mean the transfer to or acquisition by (whether by tender
offer, merger, consolidation, division or other similar transaction), in one transaction or a series of related transactions, a
Person or group of Affiliated Persons (other than an underwriter pursuant to an offering), of the Company’s voting securities
if, after such transfer or acquisition, such Person or group of Affiliated Persons would Beneficially Own more than 50% of the
outstanding voting securities of the Company (or the surviving entity).

 

(c) Each
Stockholder Party shall be permitted to enter into a trading plan established in accordance with Rule 10b5-1 under the Exchange
Act during the applicable Lock-Up Period so long as no transfers or other dispositions of such Stockholder Party’s shares
in contravention of Section 2.1 are effected prior to the expiration of the applicable Lock-Up Period.

 

    4

     

    

 

(d) Each
Stockholder Party also agrees and consents to the entry of stop transfer instructions with the Company’s transfer agent and
registrar against the transfer of the covered shares except in compliance with the foregoing restrictions and to the addition of
a legend to such Stockholder Party’s shares describing the foregoing restrictions.

 

(e) In
the case of a Permitted Transferee, the Permitted Transferee shall be required to enter into this Agreement by executing the Joinder
in the form attached hereto as Exhibit A in connection with the receipt of any shares from the Stockholder Parties.

 

ARTICLE III

GENERAL PROVISIONS

 

3.1 Termination.
Subject to Section 3.13 or the early termination of any provision as a result of an amendment to this Agreement agreed
to by the Company and the Stockholder Parties, as provided under Section 3.3, this Agreement (other than Article III
hereof), shall terminate with respect to each Stockholder Party and its Permitted Transferees at such time as such Stockholder
Party and its Permitted Transferees collectively Beneficially Own less than 1.0% of the outstanding shares; provided that this
Agreement shall not terminate with respect to any Stockholder Party or Permitted Transferee thereof subject to the restrictions
in Section 2.1, until such time as such Stockholder Party or Permitted Transferee is no longer subject to the restrictions
contained in Section 2.1.

 

3.2 Notices.
All notices and other communications among the parties shall be in writing and shall be deemed to have been duly given (i) when
delivered in person, (ii) when delivered after posting in the United States mail having been sent registered or certified mail
return receipt requested, postage prepaid, (iii) when delivered by FedEx or other nationally recognized overnight delivery service
or (iv) when e-mailed during normal business hours (and otherwise as of the immediately following Business Day), addressed as follows:

 

If to the Company, to:

 

Fertitta Entertainment, Inc.

1510 West Loop South

Houston, TX 77027

		Attn:	Steven Scheinthal

		E-mail:	SScheinthal@ldry.com

 

with a copy (not constituting notice) to:

 

Latham & Watkins LLP

885 Third Avenue

New York, NY 10022

		Attn:	Marc Jaffe

Ian Schuman

Ryan Maierson

 

		E-mail:	marc.jaffe@lw.com

ian.schuman@lw.com

ryan.maierson@lw.com

 

    5

     

    

 

If to the Sponsor, to:

 

FAST Acquisition Corp.

3 Minetta Street

New York, NY 10012

Attn:  Sandy Beall and Garrett Schreiber

Email: sandy@Beallinvestmentpartners.com and gs@andvest.co

 

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

 

Winston & Strawn LLP

200 Park Avenue

New York, NY 10166

Attn: Brad Vaiana and Jason Osborn

Email: BVaiana@winston.com and JOsborn@winston.com

 

If to any Stockholder Party, to such address
indicated on the Company’s records with respect to such Stockholder Party or to such other address or addresses as such Stockholder
Party may from time to time furnish to the Company in writing.

 

3.3 Amendment;
Waiver. (a) The terms and provisions of this Agreement may be amended or modified in whole or in part only by a duly authorized
agreement in writing executed by the Company, the Sponsor and Stockholder Parties holding a majority of the shares then held by
the Stockholder Parties in the aggregate as to which this Agreement has not been terminated pursuant to Section 3.1.
Prior to the consummation of the Mergers, this Agreement may not be amended without the prior written consent of FAST.

 

(b) Except
as expressly set forth in this Agreement, neither the failure nor delay on the part of any party hereto to exercise any right,
remedy, power or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of
any right, remedy power or privilege preclude any other or further exercise of the same or of any other right, remedy, power or
privilege, nor shall any waiver of any right, remedy, power or privilege with respect to any occurrence be construed as a waiver
of such right, remedy, power or privilege with respect to any other occurrence.

 

(c) No
party shall be deemed to have waived any claim arising out of this Agreement, or any right, remedy, power or privilege under this
Agreement, unless the waiver of such claim, right, remedy, power or privilege is expressly set forth in a written instrument duly
executed and delivered on behalf of such party; and any such waiver shall not be applicable or have any effect except in the specific
instance in which it is given.

 

    6

     

    

 

(d) Any
party hereto may unilaterally waive any of its rights hereunder in a signed writing delivered to the Company.

 

3.4 Further
Assurances. The parties hereto will sign such further documents, cause such meetings to be held, resolutions passed, exercise
their votes and do and perform and cause to be done such further acts and things necessary, proper or advisable in order to give
full effect to this Agreement and every provision hereof.

 

3.5 Assignment.
No party hereto shall assign this Agreement or any part hereof without the prior written consent of the other parties. Subject
to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective permitted
successors and assigns. For the avoidance of doubt, upon the consummation of the Mergers, FEI shall succeed FAST as party to this
Agreement and shall assume all of FAST’s rights and obligations hereunder. Any attempted assignment in violation of the terms
of this Section 3.5 shall be null and void, ab initio.

 

3.6 Third
Parties. Except as provided in Article II and Article III with respect to any Non-Recourse Party, nothing expressed
or implied in this Agreement is intended or shall be construed to confer upon or give any Person, other than the parties hereto,
any right or remedies under or by reason of this Agreement.

 

3.7 Governing
Law. THIS AGREEMENT, AND ALL CLAIMS OR CAUSES OF ACTION BASED UPON, ARISING OUT OF, OR RELATED TO THIS AGREEMENT OR THE
TRANSACTIONS CONTEMPLATED HEREBY, SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF TEXAS, WITHOUT
GIVING EFFECT TO PRINCIPLES OR RULES OF CONFLICT OF LAWS TO THE EXTENT SUCH PRINCIPLES OR RULES WOULD REQUIRE OR PERMIT THE APPLICATION
OF LAWS OF ANOTHER JURISDICTION.

 

3.8 Jurisdiction;
Waiver of Jury Trial. Any claim, action, suit, assessment, arbitration or proceeding (an “Action”)
based upon, arising out of or related to this Agreement, or the transactions contemplated hereby, shall be brought in the Court
of the Southern District of Texas in the State of Texas or, if such court declines to exercise jurisdiction, any federal or state
court located in Harris County, Texas and each of the parties irrevocably submits to the exclusive jurisdiction of each such court
in any such Action, waives any objection it may now or hereafter have to personal jurisdiction, venue or to convenience of forum,
agrees that all claims in respect of the Action shall be heard and determined only in any such court, and agrees not to bring any
Action arising out of or relating to this Agreement or the transactions contemplated hereby in any other court. Nothing herein
contained shall be deemed to affect the right of any party to serve process in any manner permitted by law, or to commence legal
proceedings or otherwise proceed against any other party in any other jurisdiction, in each case, to enforce judgments obtained
in any Action brought pursuant to this Section 3.8. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT
TO TRIAL BY JURY IN ANY ACTION BASED UPON, ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

 

    7

     

    

 

3.9 Specific
Performance. The parties hereto each agree that irreparable damage for which monetary damages, even if available, would
not be an adequate remedy, would occur in the event that the parties do not perform their obligations under the provisions of this
Agreement (including failing to take such actions as are required of them hereunder to consummate this Agreement) in accordance
with its specified terms or otherwise breach such provisions. The parties hereto acknowledge and agree that (a) the parties shall
be entitled to an injunction, specific performance, or other equitable relief, to prevent breaches of this Agreement and to enforce
specifically the terms and provisions hereof, without proof of damages, prior to the valid termination of this Agreement, and (b)
the right of specific enforcement is an integral part of the transactions contemplated by this Agreement and without that right,
none of the parties would have entered into this Agreement. Each party agrees that it will not oppose the granting of specific
performance and other equitable relief on the basis that the other parties have an adequate remedy at law or that an award of specific
performance is not an appropriate remedy for any reason at law or equity. The parties acknowledge and agree that any party seeking
an injunction to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement in accordance
with this Section 3.9 shall not be required to provide any bond or other security in connection with any such injunction.

 

3.10 Entire
Agreement. This Agreement constitutes the entire agreement among the parties relating to the transactions contemplated
hereby and supersede any other agreements, whether written or oral, that may have been made or entered into by or among any of
the parties hereto relating to the transactions contemplated hereby. No representations, warranties, covenants, understandings,
agreements, oral or otherwise, relating to the transactions contemplated by this Agreement exist between the parties except as
expressly set forth or referenced in this Agreement.

 

3.11 Severability.
If any provision of this Agreement is held invalid or unenforceable by any court of competent jurisdiction, the other provisions
of this Agreement shall remain in full force and effect. The parties further agree that if any provision contained herein is, to
any extent, held invalid or unenforceable in any respect under the laws governing this Agreement, they shall take any actions necessary
to render the remaining provisions of this Agreement valid and enforceable to the fullest extent permitted by law and, to the extent
necessary, shall amend or otherwise modify this Agreement to replace any provision contained herein that is held invalid or unenforceable
with a valid and enforceable provision giving effect to the intent of the parties.

 

3.12 Captions;
Counterparts. The captions in this Agreement are for convenience only and shall not be considered a part of or affect the
construction or interpretation of any provision of this Agreement. This Agreement may be executed in two (2) or more counterparts,
each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

 

3.13 Effectiveness;
Termination of Existing Stockholders and Securityholders Agreements. This Agreement shall be valid and enforceable as of
the date of this Agreement and may not be revoked by any party hereto; provided that the provisions herein (other than this
Article III) shall not be effective until the consummation of the Mergers. In the event the Merger Agreement is terminated
in accordance with its terms, this Agreement shall automatically terminate and be of no further force or effect.

 

    8

     

    

 

3.14 Non-Recourse.
This Agreement may only be enforced against, and any claim or cause of action based upon, arising out of, or related to this Agreement
or the transactions contemplated hereby may only be brought against, the entities that are expressly named as parties hereto, and
then only with respect to the specific obligations set forth herein with respect to such party. Except to the extent a named party
to this Agreement (and then only to the extent of the specific obligations undertaken by such named party in this Agreement), no
Non-Recourse Party shall have any liability (whether in contract, tort, equity or otherwise) for any one or more of the representations,
warranties, covenants, agreements or other obligations or liabilities of the parties to this Agreement or for any claim based on,
arising out of, or related to this Agreement or the transactions contemplated hereby.

 

[Remainder of Page Intentionally Left
Blank]

 

    9

     

    

 

IN WITNESS WHEREOF, the parties hereto have
executed this Lockup Agreement on the day and year first above written.

 

	FAST ACQUISITION CORP.
	 	 
	/s/ Sandy Beall	 
	Name: Sandy Beall	 
	
        Title: Chief Executive Officer 
	 

 

[Signature Page to Lockup Agreement]

 

    10

     

    

 

	FAST SPONSOR, LLC
	 	 
	/s/ William Douglas Jacob	 
	Name: William Douglas Jacob	 
	Title: Manager	 
	 	 

 

	 	TILMAN J. FERTITTA
	 	 
	 	By:	/s/ Tilman J. Fertitta

 

[Signature Page to Lockup Agreement]

 

    11

     

    

 

Exhibit A

 

FORM OF JOINDER
TO LOCKUP AGREEMENT

 

[______], 20__

 

Reference is made to the Lockup Agreement,
dated as of February 1, 2021, by and among Fertitta Entertainment, Inc. (the “Company”) and the other Stockholder
Parties (as defined therein) from time to time party thereto (as amended from time to time, the “Lockup Agreement”).
Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Lockup Agreement.

 

Each of the Company and each undersigned
holder of shares of the Company (each, a “New Stockholder Party”) agrees that this Joinder to the Lockup Agreement
(this “Joinder”) is being executed and delivered for good and valuable consideration.

 

Each undersigned New Stockholder Party
hereby agrees to and does become party to the Lockup Agreement as a Stockholder Party. This Joinder shall serve as a counterpart
signature page to the Lockup Agreement and by executing below each undersigned New Stockholder Party is deemed to have executed
the Lockup Agreement with the same force and effect as if originally named a party thereto.

 

This Joinder may be executed in multiple
counterparts, including by means of facsimile or electronic signature, each of which shall be deemed an original, but all of which
together shall constitute the same instrument.

 

[Remainder of Page Intentionally Left
Blank.]

 

    12

     

    

 

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

 

	 	[NEW STOCKHOLDER PARTY]
	 	 
	 	By:	 
	 	Name: 	 
	 	Title	 
	 	 
	 	FERTITTA ENTERTAINMENT, INC.
	 	 
	 	By:	                          
	 	Name: 	 
	 	Title:	 

 

 

13

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