1. |
The Parties hereby mutually consent and agree that, pursuant to Section 8.1(a) of the A&R Business Combination Agreement, effective immediately upon execution and delivery
of this Termination by each Party and without further action by any Party, the A&R Business Combination Agreement shall hereby be terminated in its entirety, and shall be void, with the exception of Section 6.3, Section 8.2, Article I
and Article X of the A&R Business Combination Agreement, each of which shall survive termination and remain valid and binding obligations of the Parties thereto in accordance with their terms.
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2. |
The effect of the termination of the A&R Business Combination Agreement shall be as set forth in Section 8.2 of the A&R Business Combination Agreement.
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3. |
The Parties shall issue a joint press release relating to this Termination and Mountain shall file a current report on Form 8-K with the Securities and Exchange Commission
relating to this Termination.
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4. |
Mountain, for itself, and on behalf of its Affiliates, and each of their respective Affiliates, shareholders, equityholders, partners, joint venturers, lenders, administrators,
representatives, parents, subsidiaries, officers, directors, attorneys, agents, employees, legatees, devisees, executors, trustees, beneficiaries, insurers, predecessors, successors, heirs and assigns, hereby absolutely, forever and fully
release and discharge FCB and its Affiliates, and each of their respective present and former direct and indirect shareholders, equityholders, directors, officers, employees, predecessors, partners, joint venturers, administrators,
representatives, affiliates, attorneys, agents, brokers, insurers, parent entities, subsidiary entities, successors, heirs, and assigns, and each of them, from all claims, contentions, rights, debts, liabilities, demands, accounts,
reckonings, obligations, duties, promises, costs, expenses (including, without limitation, attorneys’ fees and costs), liens, indemnification rights, damages, losses, actions, and causes of action, of any kind whatsoever, whether due or
owing in the past, present or future and whether based upon contract, tort, statute or any other legal or equitable theory of recovery, and whether known or unknown, suspected or unsuspected, asserted or unasserted, fixed or contingent,
matured or unmatured, with respect to, pertaining to, based on, arising out of, resulting from, or relating to the A&R Business Combination Agreement, the Ancillary Documents and the transactions contemplated by the A&R Business
Combination Agreement (the “Mountain Released Claims”).
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5. |
Each of FCB and BP, for itself, and on behalf of its respective Affiliates, and each of their respective Affiliates, shareholders, equityholders, partners, joint venturers,
lenders, administrators, representatives, parents, subsidiaries, officers, directors, attorneys, agents, employees, legatees, devisees, executors, trustees, beneficiaries, insurers, predecessors, successors, heirs and assigns, hereby
absolutely, forever and fully release and discharge each of Mountain and Sponsor, each of their respective Affiliates and each of their respective present and former direct and indirect shareholders, equityholders, directors, officers,
employees, predecessors, partners, joint venturers, administrators, representatives, affiliates, attorneys, agents, brokers, insurers, parent entities, subsidiary entities, successors, heirs, and assigns, and each of them, from all claims,
contentions, rights, debts, liabilities, demands, accounts, reckonings, obligations, duties, promises, costs, expenses (including, without limitation, attorneys’ fees and costs), liens, indemnification rights, damages, losses, actions, and
causes of action, of any kind whatsoever, whether due or owing in the past, present or future and whether based upon contract, tort, statute or any other legal or equitable theory of recovery, and whether known or unknown, suspected or
unsuspected, asserted or unasserted, fixed or contingent, matured or unmatured, with respect to, pertaining to, based on, arising out of, resulting from, or relating to the A&R Business Combination Agreement, the Ancillary Documents and
the transactions contemplated by the A&R Business Combination Agreement (the “FCB Released Claims” and together with the Mountain Released Claims, the “Released Claims”).
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6. |
Notwithstanding anything contained in this Termination to the contrary, it is the express intention of the Parties that the Released Claims pursuant to Sections 4 and 5 of this Termination shall not include claims, if any, based upon a breach of this Termination or a breach of the
Confidentiality Agreement. Further, this Termination shall not affect any Liability under the A&R Business Combination Agreement on the part of any Party for fraud or a willful and material breach of any covenant or agreement set forth
in the A&R Business Combination Agreement prior to such termination or actual fraud.
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7. |
The Parties hereby acknowledge and agree that each Party shall continue to be bound by the Confidentiality Agreement, and that all information obtained pursuant to the A&R
Business Combination Agreement and the transactions contemplated by the A&R Business Combination Agreement shall be kept confidential in accordance with the Confidentiality Agreement.
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8. |
The provisions of Sections 10.2 (Amendment), 10.3 (Notices), 10.4 (Governing Law), 10.5 (Fees and Expenses), 10.6 (Construction; Interpretation), 10.8 (Parties in Interest), 10.9 (Severability), 10.10 (Counterparts; Electronic Signatures), 10.14 (Waiver of Jury Trial) and 10.16 (Trust Account Waiver) are incorporated herein by reference and shall apply to the terms and provisions of this
Termination and the Parties, mutatis mutandis.
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FUTBOL CLUB BARCELONA
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By
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/s/ Joan Laporta Estruch
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Name:
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Mr. Joan Laporta Estruch
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Title:
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By
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/s/ Manel del Río
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Name:
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Mr. Manel del Río
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Title:
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BARÇA PRODUCCIONS, S.L.
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By
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/s/ Joan Laporta Estruch
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Name:
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Mr. Joan Laporta Estruch
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Title:
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By
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/s/ Manel del Río
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Name:
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Mr. Manel del Río
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Title:
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MOUNTAIN & CO. I ACQUISITION CORP.
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By
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/s/ Dr. Cornelius Boersch
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Name:
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Dr. Cornelius Boersch
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Title:
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Chief Executive Officer
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