SEC Contract Filing

Filing Date: 2020-03-10

Document Content:
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>7
<FILENAME>tm2012109d1_10-3.htm
<DESCRIPTION>REGISTRATION RIGHTS AGREEMENT, DATED MARCH 5, 2020, BY AND AMONG THE COMPANY, EAGLE EQUITY PARTNERS II, LLC AND THE OTHER HOLDERS PARTY THERETO.
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: right; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exhibit 10.3</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>REGISTRATION RIGHTS AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">THIS REGISTRATION RIGHTS
AGREEMENT (this &ldquo;<B><I>Agreement</I></B>&rdquo;), dated as of March 5, 2020, is made and entered into by and among Flying
Eagle Acquisition Corp., a Delaware corporation (the &ldquo;<B><I>Company</I></B>&rdquo;), Eagle Equity Partners II, LLC, a Delaware
limited liability company (the &ldquo;<B><I>Sponsor</I></B>&rdquo;) and the undersigned parties listed on the signature page hereto
under &ldquo;Holders&rdquo; (each such party, together with the Sponsor and any person or entity who hereafter becomes a party
to this Agreement pursuant to <U>Section 5.2</U> of this Agreement, a &ldquo;<B><I>Holder</I></B>&rdquo; and collectively the &ldquo;<B><I>Holders</I></B>&rdquo;).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>RECITALS</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, the
Company has 17,250,000 shares of Class B common stock, par value $0.0001 per share (the &ldquo;<B><I>Founder Shares</I></B>&rdquo;),
issued and outstanding, up to 2,250,000 of which will be forfeited to the Company for no consideration depending on the extent
to which the underwriters of the Company&rsquo;s initial public offering exercise their over-allotment option;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>WHEREAS</B>, the Founder Shares are convertible
into shares of the Company&rsquo;s Class A common stock, par value $0.0001 per share (the <B>&ldquo;<I>Common</I></B>&nbsp;<B><I>Stock</I></B>&rdquo;),
on the terms and conditions provided in the Company&rsquo;s amended and restated certificate of incorporation;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, on
March 5, 2020, the Company and the Sponsor entered into that certain Private Placement Warrants Purchase Agreement (the &ldquo;<B><I>Private
Placement Warrants Purchase Agreement</I></B>&rdquo;), pursuant to which the Sponsor agreed to purchase 8,833,333 private placement
warrants (or up to 10,033,333 private placement warrants to the extent that the over-allotment option in connection with the Company's
initial public offering is exercised) (the &ldquo;<B><I>Private Placement Warrants</I></B>&rdquo;) in a private placement transaction
occurring simultaneously with the closing of the Company&rsquo;s initial public offering;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, in
order to finance the Company&rsquo;s transaction costs in connection with its search for and consummation of an initial Business
Combination (as defined below), the Sponsor or an affiliate of the Sponsor or certain of the Company&rsquo;s officers and directors
may loan to the Company funds as the Company may require, of which up to $1,500,000 of such loans may be convertible into private
placement-equivalent warrants (&ldquo;<B><I>Working Capital Warrants</I></B>&rdquo;) at a price of&#8201;$1.50 per warrant at the
option of the lender; and</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, the
Company and the Holders desire to enter into this Agreement, pursuant to which the Company shall grant the Holders certain registration
rights with respect to certain securities of the Company, as set forth in this Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>NOW</B>,<B>&nbsp;THEREFORE</B>,
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:</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in"><FONT STYLE="text-transform: no