Document:

EXHIBIT 10.12

 Exhibit 10.12 
 INVESTMENT MANAGEMENT TRUST AGREEMENT 
 This Agreement is made as of
                    , 2007 by and between Triplecrown Acquisition Corp. (the “Company”) and Continental Stock Transfer &
Trust Company (“Trustee”). 
 WHEREAS, the Company’s registration statement on Form S-1, No. 333-144523
(“Registration Statement”), for its initial public offering of securities (“IPO”) has been declared effective as of the date hereof (“Effective Date”) by the Securities and Exchange Commission (capitalized terms used
herein and not otherwise defined shall have the meanings set forth in the Registration Statement); and 
 WHEREAS, Citigroup Global Markets
Inc. (“Citigroup”) is acting as the representative of the underwriters in the IPO; and 
 WHEREAS, as described in the Registration
Statement, and in accordance with the Company’s Amended and Restated Certificate of Incorporation, $390,250,000 of the gross proceeds of the IPO and sale of the Sponsors’ Warrants (or $448,150,000 if the underwriters’ over-allotment
option is exercised in full) will be delivered to the Trustee to be deposited and held in a trust account for the benefit of the Company and the holders of the Company’s common stock, par value $.0001 per share, issued in the IPO as hereinafter
provided (the amount to be delivered to the Trustee will be referred to herein as the “Property”, the stockholders for whose benefit the Trustee shall hold the Property will be referred to as the “Public Stockholders,” and the
Public Stockholders and the Company will be referred to together as the “Beneficiaries”); and 
 WHEREAS, the Company and the
Trustee desire to enter into this Agreement to set forth the terms and conditions pursuant to which the Trustee shall hold the Property; 
 IT IS AGREED: 
 1. Agreements and Covenants of Trustee. The Trustee hereby agrees and covenants to: 
 (a) Hold the Property in trust for the Beneficiaries in accordance with the terms of this Agreement in a segregated trust account (“Trust
Account”) established by the Trustee; 
 (b) Manage, supervise and administer the Trust Account subject to the terms and conditions set
forth herein; 
 (c) In a timely manner, upon the instruction of the Company, to invest and reinvest the Property in United States
“government securities” within the meaning of Section 2(a)(16) of the Investment Company Act of 1940 having a maturity of 180 days or less, and/or in any open ended investment company registered under the Investment Company Act of
1940 that holds itself out as a money market fund selected by the Company meeting the conditions of paragraphs (c)(2), (c)(3) and (c)(4) of Rule 2a-7 promulgated under the Investment Company Act of 1940, as determined by the Company; 
 (d) Collect and receive, when due, all principal and income arising from the Property, which shall become part of the “Property,” as such term
is used herein; 

 (e) Notify the Company and Citigroup of all communications received by it with respect to any Property
requiring action by the Company; 
 (f) Supply any necessary information or documents as may be requested by the Company in connection with
the Company’s preparation of the tax returns for the Trust Account; 
 (g) Participate in any plan or proceeding for protecting or
enforcing any right or interest arising from the Property if, as and when instructed by the Company and/or Citigroup to do so; 
 (h) Render
to the Company and to Citigroup, and to such other person as the Company may instruct, monthly written statements of the activities of and amounts in the Trust Account reflecting all receipts and disbursements of the Trust Account; and 

(i) Commence liquidation of the Trust Account only after and promptly after receipt of, and only in accordance with, the terms of a letter
(“Termination Letter”), in a form substantially similar to that attached hereto as either Exhibit A or Exhibit B hereto, signed on behalf of the Company by its President or Chairman of the Board and Secretary or Assistant Secretary or
other authorized officer of the Company, and complete the liquidation of the Trust Account and distribute the Property in the Trust Account only as directed in the Termination Letter and the other documents referred to therein; provided,
however, that in the event that a Termination Letter has not been received by the Trustee by the 24-month anniversary of the effective date of the Registration Statement (“Last Date”), the Trust Account shall be liquidated in
accordance with the procedures set forth in the Termination Letter attached as Exhibit B hereto and distributed to the stockholders of record on the Last Date. In all cases, the Trustee shall provide Citigroup with a copy of any Termination Letters
and/or any other correspondence that it receives with respect to any proposed withdrawal from the Trust Account promptly after it receives same. The provisions of this Section 1(i) may not be modified, amended or deleted under any
circumstances. 
 2. Limited Distributions of Income from Trust Account. 
 (a) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit C, the
Trustee shall distribute to the Company the amount requested by the Company to cover any income or franchise tax obligation owed by the Company; 
 (b) Upon written request from the Company, which may be given from time to time in a form substantially similar to that attached hereto as Exhibit D, the Trustee shall distribute to the Company the amount requested by the Company to cover
expenses related to investigating and selecting a target business and other working capital requirements; provided, however, that the aggregate amount of all such distributions shall not exceed $6,000,000 and the Company will not be allowed to
withdraw interest income earned on the trust account unless there is sufficient funds available to pay the Company’s tax obligations on such interest income or otherwise then due at that time; and 
  

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 (c) The limited distributions referred to in Sections 2(a) and 2(b) above shall be made only from income
collected on the Property. Except as provided in Section 2(a) and 2(b) above, no other distributions from the Trust Account shall be permitted except in accordance with Section 1(i) hereof. 
 3. Agreements and Covenants of the Company. The Company hereby agrees and covenants to: 
 (a) Give all instructions to the Trustee hereunder in writing, signed by the Company’s Chairman of the Board or President or other authorized
officer. In addition, except with respect to its duties under paragraphs 1(i), 2(a) and 2(b) above, the Trustee shall be entitled to rely on, and shall be protected in relying on, any verbal or telephonic advice or instruction which it in good faith
believes to be given by any one of the persons authorized above to give written instructions, provided that the Company shall promptly confirm such instructions in writing; 
 (b) Hold the Trustee harmless and indemnify the Trustee from and against, any and all expenses, including reasonable counsel fees and disbursements, or
loss suffered by the Trustee in connection with any action, suit or other proceeding brought against the Trustee involving any claim, or in connection with any claim or demand which in any way arises out of or relates to this Agreement, the services
of the Trustee hereunder, or the Property or any income earned from investment of the Property, except for expenses and losses resulting from the Trustee’s gross negligence or willful misconduct. Promptly after the receipt by the Trustee of
notice of demand or claim or the commencement of any action, suit or proceeding, pursuant to which the Trustee intends to seek indemnification under this paragraph, it shall notify the Company in writing of such claim (hereinafter referred to as the
“Indemnified Claim”). The Trustee shall have the right to conduct and manage the defense against such Indemnified Claim, provided, that the Trustee shall obtain the consent of the Company with respect to the selection of counsel, which
consent shall not be unreasonably withheld. The Trustee may not agree to settle any Indemnified Claim without the prior written consent of the Company, which consent shall not be unreasonably withheld. The Company may participate in such action with
its own counsel; 
 (c) Pay the Trustee an initial acceptance fee, an annual fee and a transaction processing fee for each disbursement made
pursuant to Section 2 as set forth on Schedule A hereto, which fees shall be subject to modification by the parties from time to time. It is expressly understood that the Property shall not be used to pay such fees unless and until it is
distributed to the Company pursuant to Section 2. The Company shall pay the Trustee the initial acceptance fee and first year’s fee at the consummation of the IPO and thereafter on the anniversary of the Effective Date. The Trustee shall
refund to the Company the annual fee (on a pro rata basis) with respect to any period after the liquidation of the Trust Fund. The Company shall not be responsible for any other fees or charges of the Trustee except as set forth in this
Section 3(c) and as may be provided in Section 3(b) hereof (it being expressly understood that the Property shall not be used to make any payments to the Trustee under such Sections); 
 (d) In connection with any vote of the Company’s stockholders regarding a Business Combination, provide to the Trustee an affidavit or certificate
of a firm regularly engaged in the business of soliciting proxies and/or tabulating stockholder votes (which firm may be the Trustee) verifying the vote of the Company’s stockholders regarding such Business Combination. 
  

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 4. Limitations of Liability. The Trustee shall have no responsibility or liability to: 
 (a) Take any action with respect to the Property, other than as directed in paragraphs 1 and 2 hereof and the Trustee shall have no liability to any
party except for liability arising out of its own gross negligence or willful misconduct; 
 (b) Institute any proceeding for the collection
of any principal and income arising from, or institute, appear in or defend any proceeding of any kind with respect to, any of the Property unless and until it shall have received instructions from the Company given as provided herein to do so and
the Company shall have advanced or guaranteed to it funds sufficient to pay any expenses incident thereto; 
 (c) Change the investment of
any Property, other than in compliance with paragraph 1(c); 
 (d) Refund any depreciation in principal of any Property; 
 (e) Assume that the authority of any person designated by the Company to give instructions hereunder shall not be continuing unless provided otherwise in
such designation, or unless the Company shall have delivered a written revocation of such authority to the Trustee; 
 (f) The other parties
hereto or to anyone else for any action taken or omitted by it, or any action suffered by it to be taken or omitted, in good faith and in the exercise of its own best judgment, except for its gross negligence or willful misconduct. The Trustee may
rely conclusively and shall be protected in acting upon any order, notice, demand, certificate, opinion or advice of counsel (including counsel chosen by the Trustee), statement, instrument, report or other paper or document (not only as to its due
execution and the validity and effectiveness of its provisions, but also as to the truth and acceptability of any information therein contained) which is believed by the Trustee, in good faith, to be genuine and to be signed or presented by the
proper person or persons. The Trustee shall not be bound by any notice or demand, or any waiver, modification, termination or rescission of this Agreement or any of the terms hereof, unless evidenced by a written instrument delivered to the Trustee
signed by the proper party or parties and, if the duties or rights of the Trustee are affected, unless it shall give its prior written consent thereto; 
 (g) Verify the correctness of the information set forth in the Registration Statement or to confirm or assure that any acquisition made by the Company or any other action taken by it is as contemplated by the
Registration Statement; and 
 (h) File information returns with the United States Internal Revenue Service and payee statements with the
Company, documenting the taxes payable by the Company, if any, relating to interest earned on the Property. 
  

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 5. Termination. This Agreement shall terminate as follows: 
 (a) If the Trustee gives written notice to the Company that it desires to resign under this Agreement, the Company shall use its reasonable efforts to
locate a successor trustee. At such time that the Company notifies the Trustee that a successor trustee has been appointed by the Company and has agreed to become subject to the terms of this Agreement, the Trustee shall transfer the management of
the Trust Account to the successor trustee, including but not limited to the transfer of copies of the reports and statements relating to the Trust Account, whereupon this Agreement shall terminate; provided, however, that, in the event that the
Company does not locate a successor trustee within ninety days of receipt of the resignation notice from the Trustee, the Trustee may submit an application to have the Property deposited with any court in the State of New York or with the United
States District Court for the Southern District of New York and upon such deposit, the Trustee shall be immune from any liability whatsoever; or 
 (b) At such time that the Trustee has completed the liquidation of the Trust Account in accordance with the provisions of paragraph 1(i) hereof, and distributed the Property in accordance with the provisions of the Termination Letter, this
Agreement shall terminate except with respect to Paragraph 3(b). 
 6. Miscellaneous. 
 (a) The Company and the Trustee each acknowledge that the Trustee will follow the procedures set forth below with respect to funds transferred from the
Trust Account. Upon receipt of written instructions, the Trustee will confirm such instructions with an Authorized Individual at an Authorized Telephone Number listed on the attached Exhibit E. In executing funds transfers, the Trustee will rely
upon account numbers or other identifying numbers of a beneficiary, beneficiary’s bank or intermediary bank, rather than names. The Trustee shall not be liable for any loss, liability or expense resulting from any error in an account number or
other identifying number, provided it has accurately transmitted the numbers provided. 
 (b) This Agreement shall be governed by and
construed and enforced in accordance with the laws of the State of New York, without giving effect to conflicts of law principles that would result in the application of the substantive laws of another jurisdiction. It may be executed in several
original or facsimile counterparts, each one of which shall constitute an original, and together shall constitute but one instrument. 
 (c)
This Agreement contains the entire agreement and understanding of the parties hereto with respect to the subject matter hereof. Except for Section 1(i) (which may not be amended under any circumstances), this Agreement or any provision hereof
may only be changed, amended or modified by a writing signed by each of the parties hereto; provided, however, that no such change, amendment or modification may be made without the prior written consent of Citigroup. As to any claim, cross-claim or
counterclaim in any way relating to this Agreement, each party waives the right to trial by jury. 
 (d) The parties hereto consent to the
jurisdiction and venue of any state or federal court located in the City of New York, Borough of Manhattan, for purposes of resolving any disputes hereunder. 
  

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 (e) Any notice, consent or request to be given in connection with any of the terms or provisions of this
Agreement shall be in writing and shall be sent by express mail or similar private courier service, by certified mail (return receipt requested), by hand delivery or by facsimile transmission: 
 if to the Trustee, to: 
 Continental Stock Transfer 
   & Trust Company 
 17 Battery Place 
 New York, New York 10004 
 Attn: Steven G. Nelson 
 Fax No.: (212) 509-5150 
 if to the Company, to: 
 Triplecrown Acquisition Corp. 
 970 West Broadway, PMB 402 
 Jackson, Wyoming 83001 
 Attn: Jonathan J. Ledecky, President 
 Fax No.: (        )
        -             
 in
either case with a copy to: 
 Citigroup Global Markets Inc. 
 388 Greenwich Street 
 New York, New York 10013 
 Attn: David Spivak 
 Facsimile: (212) 723-8871 
 and 
 Akin Gump Strauss Hauer & Feld LLP 
 590 Madison Avenue 
 New York, New York 10022 
 Attn: Bruce Mendelsohn, Esq. 
 Fax No.: (212) 872-1002 
 (f) This Agreement may not be assigned by the Trustee without the prior consent of the Company and Citigroup. 
  

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 (g) Each of the Trustee and the Company hereby represents that it has the full right and power and has
been duly authorized to enter into this Agreement and to perform its respective obligations as contemplated hereunder. The Trustee acknowledges and agrees that it shall not make any claims or proceed against the Trust Account, including by way of
set-off, and shall not be entitled to any funds in the Trust Account under any circumstance. 
 (h) Each of the Company and the Trustee
hereby acknowledge that Citigroup is a third party beneficiary of this Agreement. 
  

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

			
	 CONTINENTAL STOCK TRANSFER
 & TRUST
COMPANY, as Trustee

		
	By:	 	 
	Name:	 	
	Title:	 	

  

			
	TRIPLECROWN ACQUISITION CORP.
		
	By:	 	 
	Name:	 	
	Title:	 	

  

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 SCHEDULE A 
  

						
	 Fee Item
	  	 Time and method of payment
	  	Amount
	 Initial acceptance fee
	  	Initial closing of IPO by wire transfer	  	$	1,000
	 Annual fee
	  	First year, initial closing of IPO by wire transfer; thereafter on the anniversary of the effective date of the IPO by wire transfer or check	  	$	3,000
	Transaction processing fee for disbursements to Company under Section 2	  	Deduction by Trustee from accumulated income following disbursement made to Company under Section 2	  	$	250

  

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 EXHIBIT A 
 [Letterhead of Company] 
                       [Insert date] 
 Continental Stock Transfer 
   & Trust Company 
 17 Battery Place 
 New York, New York 10004 
 Attn:
Steven Nelson 
  

	 	Re:	Trust Account No.                  Termination Letter 

 Gentlemen: 
 Pursuant to paragraph 1(i) of the Investment
Management Trust Agreement between Triplecrown Acquisition Corp. (“Company”) and Continental Stock Transfer & Trust Company (“Trustee”), dated as of
                    , 2007 (“Trust Agreement”), this is to advise you that the Company has entered into an agreement (“Business
Agreement”) with                      (“Target Business”) to consummate a business combination with Target Business
(“Business Combination”) on or about [insert date]. The Company shall notify you at least 48 hours in advance of the actual date of the consummation of the Business Combination (“Consummation Date”). 
 In accordance with the terms of the Trust Agreement, we hereby authorize you to commence liquidation of the Trust Account to the effect that, on the
Consummation Date, all of funds held in the Trust Account will be immediately available for transfer to the account or accounts that the Company shall direct on the Consummation Date. 
 On the Consummation Date (i) counsel for the Company shall deliver to you written notification that the Business Combination has been consummated
(“Counsel’s Letter”) and (ii) the Company shall deliver to you (a) [an affidavit] [a certificate] of
                    , which verifies the vote of the Company’s stockholders in connection with the Business Combination and
(b) written instructions with respect to the transfer of the funds held in the Trust Account (“Instruction Letter”). You are hereby directed and authorized to transfer the funds held in the Trust Account immediately upon your receipt
of the Counsel’s Letter and the Instruction Letter, in accordance with the terms of the Instruction Letter. In the event that certain deposits held in the Trust Account may not be liquidated by the Consummation Date without penalty, you will
notify the Company of the same and the Company shall direct you as to whether such funds should remain in the Trust Account and distributed after the Consummation Date to the Company. Upon the distribution of all the funds in the Trust Account
pursuant to the terms hereof, the Trust Agreement shall be terminated and the Trust Account closed. 
 In the event that the Business
Combination is not consummated on the Consummation Date described in the notice thereof and we have not notified you on or before the original Consummation Date of a new Consummation Date, then the funds held in the Trust Account shall be reinvested
as provided in the Trust Agreement on the business day immediately following the Consummation Date as set forth in the notice. 
  

			
	Very truly yours,
	
	TRIPLECROWN ACQUISITION CORP.
		
	By:	 	 
		 	Eric J. Watson, Chairman of the Board
		
	By:	 	 
		 	Jonathan J. Ledecky, Secretary

 cc: Citigroup Global Markets Inc. 
  

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 EXHIBIT B 
 [Letterhead of Company] 
                       [Insert date] 
 Continental Stock Transfer 
   & Trust Company 
 17 Battery Place 
 New York, New York 10004 
 Attn:
Steven Nelson 
  

	 	Re:	Trust Account No.                  Termination Letter 

 Gentlemen: 
 Pursuant to paragraph 1(i) of the Investment
Management Trust Agreement between Triplecrown Acquisition Corp. (“Company”) and Continental Stock Transfer & Trust Company (“Trustee”), dated as of
                    , 2007 (“Trust Agreement”), this is to advise you that the Company has been unable to effect a Business
Combination with a Target Company within the time frame specified in the Company’s Certificate of Incorporation, as described in the Company’s prospectus relating to its IPO. 
 In accordance with the terms of the Trust Agreement, we hereby authorize you, to commence liquidation of the Trust Account as promptly as practicable to
stockholders of record on the Last Date (as defined in the Trust Agreement). You will notify the Company in writing as to when all of the funds in the Trust Account will be available for immediate transfer (“Transfer Date”) in accordance
with the terms of the Trust Agreement and the Certificate of Incorporation of the Company. You shall commence distribution of such funds in accordance with the terms of the Trust Agreement and the Certificate of Incorporation of the Company and you
shall oversee the distribution of the funds. Upon the distribution of all the funds in the Trust Account, your obligations under the Trust Agreement shall be terminated. 
  

			
	Very truly yours,
	
	TRIPLECROWN ACQUISITION CORP.
		
	By:	 	 
		 	Eric J. Watson, Chairman of the Board
		
	By:	 	 
		 	Jonathan J. Ledecky, Secretary

 cc: Citigroup Global Markets Inc. 
  

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 EXHIBIT C 
 [Letterhead of Company] 
                       [Insert date] 
 Continental Stock Transfer 
   & Trust Company 
 17 Battery Place 
 New York, New York 10004 
 Attn:
Steven Nelson 
  

	 	Re:	Trust Account No. 

 Gentlemen: 
 Pursuant to paragraph 2(a) of the Investment Management Trust Agreement between Triplecrown Acquisition Corp. (“Company”) and Continental Stock
Transfer & Trust Company (“Trustee”), dated as of                     , 2007 (“Trust Agreement”), the Company
hereby requests that you deliver to the Company $             of the income earned on the Property as of the date hereof. The Company needs such funds to pay for the tax obligations
as set forth on the attached tax return or tax statement. In accordance with the terms of the Trust Agreement, you are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter to the
Company’s operating account at: 
 [WIRE INSTRUCTION INFORMATION] 
  

			
	Very truly yours,
	
	TRIPLECROWN ACQUISITION CORP.
		
	By:	 	 
		 	Eric J. Watson, Chairman of the Board
		
	By:	 	 
		 	Jonathan J. Ledecky, Secretary

 cc: Citigroup Global Markets Inc. 
  

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 EXHIBIT D 
 [Letterhead of Company] 
                       [Insert date] 
 Continental Stock Transfer 
   & Trust Company 
 17 Battery Place 
 New York, New York 10004 
 Attn:
Steven Nelson 
  

	 	Re:	Trust Account No.  

 Gentlemen: 
 Pursuant to paragraph 2(b) of the Investment Management Trust Agreement between Triplecrown Acquisition Corp. (“Company”) and Continental Stock
Transfer & Trust Company (“Trustee”), dated as of                     , 2007 (“Trust Agreement”), the Company
hereby requests that you deliver to the Company $             of the income earned on the Property as of the date hereof, which does not exceed, in the aggregate with all such prior
disbursements pursuant to paragraph 2(b), if any, the maximum amount set forth in paragraph 2(b). The Company needs such funds to cover its expenses relating to investigating and selecting a target business and other working capital requirements. In
accordance with the terms of the Trust Agreement, you are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter to the Company’s operating account at: 
 [WIRE INSTRUCTION INFORMATION] 
  

			
	Very truly yours,
	
	TRIPLECROWN ACQUISITION CORP.
		
	By:	 	 
		 	Eric J. Watson, Chairman of the Board
		
	By:	 	 
		 	Jonathan J. Ledecky, Secretary

 cc: Citigroup Global Markets Inc. 
  

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 EXHIBIT E 
  

			
	 AUTHORIZED INDIVIDUAL(S)
 FOR TELEPHONE CALL BACK
	  	 AUTHORIZED
 TELEPHONE NUMBER(S)

		
	Company:	  	
		
	 Triplecrown Acquisition Corp.
 970 West Broadway, PMB
402
 Jackson, Wyoming 83001
 Attn: Jonathan J. Ledecky, President

	  	(307) 734-2645
		
	Trustee:	  	
		
	 Continental Stock Transfer
 & Trust
Company
 17 Battery Place
 New York, New York 10004
 Attn: Steven G. Nelson, Chairman
	  	(212) 845-3200

  

 14EXHIBIT 10.13

 Exhibit 10.13 
 SECURITIES ESCROW AGREEMENT 
 SECURITIES ESCROW AGREEMENT, dated as of
            , 2007 (“Agreement”), by and among TRIPLECROWN ACQUISITION CORP., a Delaware corporation (“Company”), SUMMIT TRUST, JONATHAN J. LEDECKY, HAT TRICKS
LLC, ROBERT B. HERSOV, EDWARD J. MATHIAS, KERRY KENNEDY, RICHARD Y. ROBERTS, JIMMIE LEE SOLOMON, JR., JAY H. NUSSBAUM, JIM GRAY, RICHARD A. STEIN and CORONET GROUP LIMITED (collectively “Initial Stockholders”) and CONTINENTAL STOCK
TRANSFER & TRUST COMPANY, a New York corporation (“Escrow Agent”). 
 WHEREAS, the Company has entered into an
Underwriting Agreement, dated             , 2007 (“Underwriting Agreement”), with Citigroup Global Markets Inc. (“Citigroup”) acting as representative of the
several underwriters (collectively, the “Underwriters”), pursuant to which, among other matters, the Underwriters have agreed to purchase 40,000,000 units (“Units”) of the Company. Each Unit consists of one share of the
Company’s common stock, par value $.0001 per share (“Common Stock”), and one warrant, each warrant to purchase one share of Common Stock, all as more fully described in the Company’s final Prospectus, dated
            , 2007 (“Prospectus”) comprising part of the Company’s Registration Statement on Form S-1 (File No. 333-144523) under the Securities Act of 1933,
as amended (“Registration Statement”), declared effective on             , 2007 (“Effective Date”). 
 WHEREAS, in connection with the founding of the Company, the Initial Stockholders have purchased from the Company an aggregate of 11,500,000 units (the
“Founders’ Units”), with each Founders’ Unit consisting of one share of Common Stock (the “Founders’ Common Stock”) and one Warrant (the “Founders’ Warrant”). 
 WHEREAS, the Initial Stockholders have agreed as a condition of the sale of the Units to deposit their Founders’ Common Stock (“Escrow
Shares”) and Founders’ Warrants (“Escrow Warrants,” and together with the Escrow Shares, the “Escrow Securities”) of the Company, as set forth opposite their respective names in Exhibit A attached hereto, in escrow as
hereinafter provided. 
 WHEREAS, the Company and the Initial Stockholders desire that the Escrow Agent accept the Escrow Securities, in
escrow, to be held and disbursed as hereinafter provided. 
 IT IS AGREED: 
 1. Appointment of Escrow Agent. The Company and the Initial Stockholders hereby appoint the Escrow Agent to act in accordance with and subject to
the terms of this Agreement and the Escrow Agent hereby accepts such appointment and agrees to act in accordance with and subject to such terms. 
 2. Deposit of Escrow Shares. On or before the Effective Date, each of the Initial Stockholders shall deliver to the Escrow Agent certificates representing his, her or its respective Escrow Shares, to be held and disbursed subject to
the terms and conditions of this Agreement. Each Initial Stockholder acknowledges that the certificate representing his, her or its Escrow Securities is legended to reflect the deposit of such Escrow Securities under this Agreement. 
 3. Disbursement of the Escrow Securities. The Escrow Agent shall hold the Escrow Securities until one year after the consummation of a Business
Combination (as defined in the Registration Statement) (“Escrow Period”), on which date it shall, upon written instructions from each Initial Stockholder, disburse each of the Initial Stockholder’s Escrow Securities (and any
applicable stock power) to such Initial Stockholder; provided, however, that if the Escrow Agent is notified by the Company pursuant to Section 6.7 hereof that the Company is being liquidated at any time during the Escrow Period, then the
Escrow Agent shall promptly destroy the certificates representing the Escrow Securities; provided, further, that if the Underwriters exercise their 

 
over-allotment option to purchase an additional 6,000,000 Units of the Company (as described in the Prospectus), the Initial Stockholders agree that no later
than by the end of the 30-day period in which the Underwriters may exercise their over-allotment option, the Company shall give the Escrow Agent notice with respect to the amount, if any, of the over-allotment that was exercised by the Underwriters
and, upon such notice, the Escrow Agent shall return to the Company for cancellation, at no cost, the number of Escrow Shares and Escrow Warrants held by each Initial Stockholder determined by multiplying (a) the product of (i) 1,500,000,
multiplied by (ii) a fraction, (x) the numerator of which is the number of Escrow Shares and Escrow Warrants held by each Initial Stockholder, and (y) the denominator of which is the total number of Escrow Shares and Escrow Warrants,
by (b) a fraction, (i) the numerator of which is 6,000,000 minus the number of shares of Common Stock purchased by the Underwriters upon the exercise of their over-allotment option, and (ii) the denominator of which is 6,000,000;
provided further, however, that if, after the Company consummates a Business Combination (as such term is defined in the Registration Statement), (i) it (or the surviving entity) subsequently consummates a liquidation, merger, stock exchange or
other similar transaction which results in all of the stockholders of such entity having the right to exchange their shares of Common Stock for cash, securities or other property or (ii) the last sales price of the Common Stock equals or
exceeds $13.75 per share for any 20 trading days within any 30-trading day period, then the Escrow Agent will, upon receipt of a certificate, executed by the Chairman of the Board, President or other authorized officer of the Company, in form
reasonably acceptable to the Escrow Agent, that such transaction is then being consummated or such conditions have been achieved, as applicable, release the Escrow Shares to the Initial Stockholders. The Escrow Agent shall have no further duties
hereunder after the disbursement or destruction of the Escrow Shares in accordance with this Section 3. 
 4. Rights of Initial
Stockholders in Escrow Shares. 
 4.1 Voting Rights as a Stockholder. Subject to the terms of the Insider Letter
described in Section 4.4 hereof and except as herein provided, the Initial Stockholders shall retain all of their rights as stockholders of the Company during the Escrow Period, including, without limitation, the right to vote such shares.

 4.2 Dividends and Other Distributions in Respect of the Escrow Shares. During the Escrow Period, all dividends
payable in cash with respect to the Escrow Securities shall be paid to the Initial Stockholders, but all dividends payable in stock or other non-cash property (“Non-Cash Dividends”) shall be delivered to the Escrow Agent to hold in
accordance with the terms hereof. As used herein, the term “Escrow Securities” shall be deemed to include the Non-Cash Dividends distributed thereon, if any. 
 4.3 Restrictions on Transfer. In order to induce the Underwriters to enter into the Underwriting Agreement, the Initial
Stockholders will not, without the prior written consent of Citigroup, offer, sell, contract to sell, pledge or otherwise dispose of (or enter into any transaction which is designed to, or might reasonably be expected to, result in the disposition
(whether by actual disposition or effective economic disposition due to cash settlement or otherwise) by the Initial Stockholders or any affiliate of the Initial Stockholders or any person in privity with the Initial Stockholders or any affiliate of
the Initial Stockholders or any person in privity with the Initial Stockholders or any affiliate thereof), directly or indirectly, including the filing (or participation in the filing) of a registration statement with the Securities and Exchange
Commission (the “Commission”) in respect of, or establish or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the 

  

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Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules and regulations of the Commission promulgated thereunder with
respect to, any Escrow Securities, or publicly announce an intention to effect any such transaction, during the period in which such Escrow Securities are held in escrow hereunder, except (i) to an entity’s members upon its liquidation,
(ii) by bona fide gift to a member of an Initial Stockholder’s immediate family or to a trust, the beneficiary of which is an Initial Stockholder or a member of an Initial Stockholder’s immediate family, (iii) by virtue of the
laws of descent and distribution upon death of any Initial Stockholder, (iv) pursuant to a qualified domestic relations order or (v) by private sales with respect to up to 33% of the Escrow Securities made at or prior to the consummation
of a Business Combination at prices no greater than the price at which the shares were originally purchased; provided, however, that such transfers may be implemented only upon the respective transferee’s written agreement to be
bound by the terms and conditions of this Agreement and of the Insider Letter signed by the Initial Stockholder transferring the Escrow Securities and no filing by any party under the Exchange Act shall be required or shall be voluntarily made in
connection with such disposition or transfer. Even if transferred in accordance with this Section 4.3, the Escrow Shares will remain subject to this Agreement and may only be released from escrow in accordance with Section 3 hereof.

 4.4 Insider Letters. Each of the Initial Stockholders has executed a letter agreement with Citigroup and the
Company, dated as indicated on Exhibit A hereto, and which is filed as an exhibit to the Registration Statement (“Insider Letter”), respecting the rights and obligations of such Initial Stockholder in certain events, including but not
limited to the liquidation of the Company and certain voting and transfer restrictions which will apply during the period in which such Escrow Shares are held in escrow. 
 5. Concerning the Escrow Agent. 
 5.1 Good Faith Reliance. The Escrow Agent
shall not be liable for any action taken or omitted by it in good faith and in the exercise of its own best judgment, and may rely conclusively and shall be protected in acting upon any order, notice, demand, certificate, opinion or advice of
counsel (including counsel chosen by the Escrow Agent), statement, instrument, report or other paper or document (not only as to its due execution and the validity and effectiveness of its provisions, but also as to the truth and acceptability of
any information therein contained) which is believed by the Escrow Agent to be genuine and to be signed or presented by the proper person or persons. The Escrow Agent shall not be bound by any notice or demand, or any waiver, modification,
termination or rescission of this Agreement unless evidenced by a writing delivered to the Escrow Agent signed by the proper party or parties and, if the duties or rights of the Escrow Agent are affected, unless it shall have given its prior written
consent thereto. 
 5.2 Indemnification. The Escrow Agent shall be indemnified and held harmless by the Company from
and against any expenses, including counsel fees and disbursements, or loss suffered by the Escrow Agent in connection with any action, suit or other proceeding involving any claim which in any way, directly or indirectly, arises out of or relates
to this Agreement, the services of the Escrow Agent hereunder, or the Escrow Shares held by it hereunder, other than expenses or losses arising from the gross negligence or willful misconduct of the Escrow Agent. Promptly after the receipt by the
Escrow Agent of notice of any demand or claim or the commencement of any action, suit or proceeding, the Escrow Agent shall notify the other parties hereto in writing. In the event of the receipt of such notice, the Escrow Agent, in its sole
discretion, may commence an action in the nature of interpleader in an appropriate court to determine ownership or 

  

 3 

 
disposition of the Escrow Shares or it may deposit the Escrow Shares with the clerk of any appropriate court or it may retain the Escrow Shares pending
receipt of a final, non-appealable order of a court having jurisdiction over all of the parties hereto directing to whom and under what circumstances the Escrow Shares are to be disbursed and delivered. The provisions of this Section 5.2 shall
survive in the event the Escrow Agent resigns or is discharged pursuant to Sections 5.5 or 5.6 below. 
 5.3
Compensation. The Escrow Agent shall be entitled to reasonable compensation from the Company for all services rendered by it hereunder. The Escrow Agent shall also be entitled to reimbursement from the Company for all expenses paid or
incurred by it in the administration of its duties hereunder including, but not limited to, all counsel, advisors’ and agents’ fees and disbursements and all taxes or other governmental charges. 
 5.4 Further Assurances. From time to time on and after the date hereof, the Company and the Initial Stockholders shall deliver or
cause to be delivered to the Escrow Agent such further documents and instruments and shall do or cause to be done such further acts as the Escrow Agent shall reasonably request to carry out more effectively the provisions and purposes of this
Agreement, to evidence compliance herewith or to assure itself that it is protected in acting hereunder. 
 5.5
Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such
resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following
the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate. 
 5.6 Discharge of Escrow Agent. The Escrow Agent shall resign and be discharged from its duties as escrow agent hereunder if so requested in writing at any time by the other parties hereto, jointly, provided,
however, that such resignation shall become effective only upon acceptance of appointment by a successor escrow agent as provided in Section 5.5. 
 5.7 Liability. Notwithstanding anything herein to the contrary, the Escrow Agent shall not be relieved from liability hereunder for its own gross negligence or its own willful misconduct. 
  

 4 

 6. Miscellaneous. 
 6.1 Governing Law. This Agreement shall for all purposes be deemed to be made under and shall be construed in accordance with the
laws of the State of New York, without giving effect to conflicts of law principles that would result in the application of the substantive laws of another jurisdiction (whether of the State of New York or any other jurisdiction that would cause the
application of the laws of any jurisdiction other than the State of New York). The Company hereby agrees that any action, proceeding or claim against it arising out of or relating in any way to this Agreement shall be brought and enforced in the
courts of the State of New York or the United States District Court for the Southern District of New York, and irrevocably submits to such jurisdiction, which jurisdiction shall be exclusive. The Company hereby waives any objection to such exclusive
jurisdiction and that such courts represent an inconvenience forum. Any such process or summons to be served upon the Company may be served by transmitting a copy thereof by registered or certified mail, return receipt requested, postage prepaid,
addressed to it at the address set forth in Section 6.6 hereof. Such mailing shall be deemed personal service and shall be legal and binding upon the Company in any action, proceeding or claim. 
 6.2 Third Party Beneficiaries. Each of the Initial Stockholders hereby acknowledges that the Underwriters are third party
beneficiaries of this Agreement and this Agreement may not be modified or changed without the prior written consent of Citigroup. 
 6.3 Entire Agreement. This Agreement contains the entire agreement of the parties hereto with respect to the subject matter hereof and, except as expressly provided herein, may not be changed or modified except by an instrument in
writing signed by the party to the charged. It may be executed in several original or facsimile counterparts, each one of which shall constitute an original, and together shall constitute but one instrument. 
 6.4 Headings. The headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning
or interpretation thereof. 
 6.5 Binding Effect. This Agreement shall be binding upon and inure to the benefit of the
respective parties hereto and their legal representatives, successors and assigns. 
 6.6 Notices. Any notice or other
communication required or which may be given hereunder shall be in writing and either be delivered personally or be mailed, certified or registered mail, or by private national courier service, return receipt requested, postage prepaid, and shall be
deemed given when so delivered personally or, if mailed, two days after the date of mailing, as follows: 
 If to the Company,
to: 
 Triplecrown Acquisition Corp. 
 970 West Broadway, PMB 402 
 Jackson, Wyoming 83001 
 Attn: Chairman 
 If to a Stockholder, to his address set forth in Exhibit A. 
  

 5 

 and if to the Escrow Agent, to: 
 Continental Stock Transfer & Trust Company 
 17 Battery Place 
 New York, New York 10004 
 Attn: Chairman 
 A copy of any notice sent hereunder shall be sent to: 
 Graubard Miller 
 The Chrysler Building

 405 Lexington Avenue 
 New
York, New York 10174 
 Attn: David Alan Miller, Esq. 
 and: 
 Citigroup Global Markets Inc. 
 388 Greenwich Street 
 New York, New York
10013 
 Attn: David Spivak 
 and: 
 Akin Gump Strauss Hauer & Feld LLP 
 590 Madison Avenue 
 New York, New York 10022 
 Attn: Bruce Mendelsohn, Esq. 
 The parties may change the persons and addresses to which the notices or other communications are to be sent by giving written notice to any such change in the manner provided herein for giving notice. 
 6.7 Liquidation of the Company. The Company shall give the Escrow Agent written notification of the liquidation of the Company in
the event that the Company fails to consummate a Business Combination within the time period specified in the Prospectus. 
  

 6 

 WITNESS the execution of this Agreement as of the date first above written. 
  

					
		 	TRIPLECROWN ACQUISITION CORP.
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	
		
		 	INITIAL STOCKHOLDERS:
		
		 	SUMMIT TRUST
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	
		
		 	 
		 	Jonathan J. Ledecky
		
		 	HAT TRICKS LLC
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	
		
		 	 
		 	Jay H. Nussbaum
		
		 	 
		 	Kerry Kennedy
		
		 	 
		 	Robert B. Hersov
		
		 	 
		 	Edward J. Mathias
		
		 	 
		 	Richard Y. Roberts
		
		 	 
		 	Jimmie Lee Solomon, Jr.
		
		 	 
		 	Jim Gray

  

 7 

					
	
	 
	Richard A. Stein
	
	CORONET GROUP LIMITED
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	
	
	CONTINENTAL STOCK TRANSFER
	  & TRUST COMPANY
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

  

 8 

 EXHIBIT A 
  

									
	 Name and Address of
 Initial Stockholder
	  	 Number
 of Shares
	  	 Number
 of Warrants
	  	 Stock
 Certificate Numbers
	  	 Date of
 Insider Letter

					
	 Summit Trust
 c/o Eric J. Watson
 Triplecrown Acquisition Corp.
 970 West Broadway, PMB 402
 Jackson, Wyoming 83001
	  	5,525,000	  	5,525,000	  	1	  	                    ,
2007
					
	 Jonathan J. Ledecky
 Triplecrown Acquisition Corp.
 970 West Broadway, PMB 402
 Jackson, Wyoming 83001
	  	5,025,000	  	5,025,000	  	2	  	                    ,
2007
					
	 Hat Tricks LLC
 c/o Jonathan J. Ledecky
 Triplecrown Acquisition Corp.
 970 West Broadway, PMB 402
 Jackson, Wyoming 83001
	  	500,000	  	500,000	  	3	  	                    ,
2007
					
	 Jay H. Nussbaum
	  	50,000	  	50,000	  	4	  	                    ,
2007
					
	 Kerry Kennedy
 Robert F. Kennedy Center
 1367 Connecticut Avenue N.W.
 Suite 200
 Washington, D.C. 20036
	  	50,000	  	50,000	  	5	  	                    ,
2007
					
	 Robert B. Hersov
 c/o NetJets Europe, Ltd.
 Grundstrasse 12
 6343 Rotkreuz
 Switzerland
	  	50,000	  	50,000	  	6	  	                    ,
2007
					
	 Edward J. Mathias
 c/o The Carlyle Group
 1001 Pennsylvania Avenue, NW
 Washington, DC 20004
	  	50,000	  	50,000	  	7	  	                    ,
2007
					
	 Richard Y. Roberts
 Roberts, Raheb & Gradler,
 701 Eight Street, N.W., 8th Floor

 Washington, DC 20001
	  	50,000	  	50,000	  	8	  	                    ,
2007
					
	 Jimmie Lee Solomon, Jr.
	  	50,000	  	50,000	  	9	  	                    ,
2007
					
	 Jim Gray
 P.0. Box 774
 Pacific Palisades, California 90272
	  	50,000	  	50,000	  	10	  	                    ,
2007
					
	 Richard A. Stein
 435 S. Washington Street
 Falls Church, Virginia 22046
	  	50,000	  	50,000	  	11	  	                    ,
2007
					
	 Coronet Group Limited
 c/o Edward Hanson
 c/o Babcock & Brown Limited
 53 Davies Street
 London W1K 5JH
	  	50,000	  	50,000	  	12	  	                    ,
2007

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