<SEC-DOCUMENT>0001104659-21-071886.txt : 20210525
<SEC-HEADER>0001104659-21-071886.hdr.sgml : 20210525
<ACCEPTANCE-DATETIME>20210525170826
ACCESSION NUMBER:		0001104659-21-071886
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20210525
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20210525
DATE AS OF CHANGE:		20210525

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Roman DBDR Tech Acquisition Corp.
		CENTRAL INDEX KEY:			0001823144
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		IRS NUMBER:				852749902
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39687
		FILM NUMBER:		21961623

	BUSINESS ADDRESS:	
		STREET 1:		2877 PARADISE RD. #702
		CITY:			LAS VEGAS
		STATE:			NV
		ZIP:			89109
		BUSINESS PHONE:		650-618-2524

	MAIL ADDRESS:	
		STREET 1:		2877 PARADISE RD. #702
		CITY:			LAS VEGAS
		STATE:			NV
		ZIP:			89109
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>tm2117479d1_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0">&nbsp;<B>&nbsp;</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM&nbsp;8-K</B></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PURSUANT TO SECTION&nbsp;13 OR 15(d)&nbsp;OF
THE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES EXCHANGE ACT OF 1934</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report (Date of earliest event reported):&nbsp;<B>May&nbsp;25,
2021</B></P>

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

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Roman DBDR Tech Acquisition Corp.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in its charter)</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; width: 34%; padding-top: 0.25pt; padding-right: 1.05pt; padding-left: 0.25pt; text-align: center"><B>Delaware</B></TD>
    <TD STYLE="padding: 0.25pt 1.05pt 1pt 0.25pt; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 32%; padding-top: 0.25pt; padding-right: 1.05pt; padding-left: 0.25pt; text-align: center"><B>001-39687</B></TD>
    <TD STYLE="padding: 0.25pt 1.05pt 1pt 0.25pt; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 32%; padding-top: 0.25pt; padding-right: 1.05pt; padding-left: 0.25pt; text-align: center"><B>85-2749902</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt; text-align: center">(State or other jurisdiction<BR>
of incorporation)</TD>
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt; text-align: center">(Commission<BR>
File Number)</TD>
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt; text-align: center">(IRS Employer<BR>
Identification No.)</TD></TR>
  </TABLE>
<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: center"><B>2877 Paradise Rd. #702</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Las Vegas, NV 89109</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address of principal executive offices, including
zip code)</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Registrant&rsquo;s telephone number, including
area code:&nbsp;<B>650-618-2524</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Not applicable<BR>
</B>(Former name or former address, if changed since last report)</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Check the appropriate box below if the Form&nbsp;8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%; padding: 0.25pt 1.05pt 0.25pt 0.25pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="width: 95%; padding: 0.25pt 1.05pt 0.25pt 0.25pt">Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt"><FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#120;</FONT></FONT></TD>
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">Pre-commencement communications pursuant to Rule&nbsp;14d-2(b)&nbsp;under the Exchange Act (17 CFR 240.14d-2(b))</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">Pre-commencement communications pursuant to Rule&nbsp;13e-4(c)&nbsp;under the Exchange Act (17 CFR 240.13e-4(c))</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Securities registered pursuant to Section&nbsp;12(b)&nbsp;of
the Act:</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; width: 74%"><B>Title of each class</B></TD>
    <TD STYLE="padding-bottom: 1pt; vertical-align: top; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; width: 9%; text-align: center"><B>Trading<BR>
Symbol(s)</B></TD>
    <TD STYLE="padding-bottom: 1pt; vertical-align: top; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; width: 15%; text-align: center"><B>Name of each<BR>
exchange on<BR>
which registered</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD>Units, each consisting of one share of Class&nbsp;A Common Stock and one-half of one Redeemable Warrant</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">DBDRU</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">The Nasdaq Stock Market LLC</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD>Class&nbsp;A Common Stock, par value $0.0001 per share</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">DBDR</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">The Nasdaq Stock Market LLC</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-indent: -0.125in; padding-left: 0.125in">Redeemable Warrants, each whole warrant exercisable for one share of Class&nbsp;A Common Stock at an exercise price of $11.50 per share</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">DBDRW</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">The Nasdaq Stock Market LLC</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule&nbsp;405 of the Securities Act of 1933 (&sect;230.405 of this chapter) or Rule&nbsp;12b-2
of the Securities Exchange Act of 1934 (&sect;240.12b-2 of this chapter).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Emerging growth company&nbsp;<FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#120;</FONT></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section&nbsp;13(a)&nbsp;of the Exchange Act. <FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></P>

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

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 16%"><B>Item 1.01.</B></TD>
    <TD STYLE="width: 84%; text-align: justify"><B>Entry into a Material Definitive Agreement.</B></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="background-color: white">As
previously announced, </FONT>Roman DBDR Tech Acquisition Corp, a Delaware corporation (the &ldquo;<B>Company</B>&rdquo;), <FONT STYLE="background-color: white">entered
into an agreement and plan of merger </FONT>(the &ldquo;<B>Merger Agreement</B>&rdquo;) by and among the Company, Roman Parent Merger
Sub, LLC, a Delaware limited liability company and a wholly-owned subsidiary of the Company (&ldquo;<B>Merger Sub</B>&rdquo;), CompoSecure
Holdings, L.L.C., a Delaware limited liability company (&ldquo;<B>CompoSecure</B>&rdquo;), and LLR Equity Partners IV, L.P., a Delaware
limited partnership<FONT STYLE="background-color: white">. Pursuant to the Merger Agreement, </FONT>Merger Sub will merge with and into
CompoSecure, with CompoSecure surviving as a wholly-owned&nbsp;subsidiary of the Company <FONT STYLE="background-color: white">(the &ldquo;<B>Merger</B>&rdquo;).</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">On May&nbsp;25, 2021, the
Company, Merger Sub and CompoSecure entered into Amendment No.&nbsp;1 to the Agreement and Plan of Merger (the &ldquo;<B>Amendment</B>&rdquo;),
which provides solely for a revised form of CompoSecure Holdings, L.L.C. Second Amended and Restated Limited Liability Company Agreement
to be attached as Annex J to the Merger Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Other than as expressly modified
pursuant to the Amendment, the Merger Agreement remains in full force and effect as originally executed on April&nbsp;19, 2021. The foregoing
descriptions of the Merger Agreement and the Amendment do not purport to be complete and are qualified in their entirety by reference
to the full text of the Merger Agreement and the Amendment, respectively, copies of which are attached hereto as Exhibits 2.1 and 2.2,
respectively, and each of which is incorporated herein by reference.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Important Information About the Merger and
Where to Find It</I></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Current Report on Form&nbsp;8-K
(&ldquo;<B>8-K</B>&rdquo;) relates to a proposed transaction between the Company and CompoSecure. This 8-K does not constitute an offer
to sell or exchange or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any
jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws
of any such jurisdiction. In connection with the proposed Merger, the Company intends to file relevant materials with the U.S. Securities
and Exchange Commission (&ldquo;<B>SEC</B>&rdquo;), including a proxy statement on Schedule 14A (the &ldquo;<B>Proxy Statement</B>&rdquo;).
This communication is not a substitute for the Proxy Statement or for any other document that the Company may file with the SEC or send
to the Company&rsquo;s stockholders in connection with the proposed transaction. BEFORE MAKING ANY VOTING DECISION,&nbsp;INVESTORS AND
SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE PROXY STATEMENT AND OTHER DOCUMENTS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO)
FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE
COMPANY, COMPOSECURE, THE PROPOSED TRANSACTION AND RELATED MATTERS. Investors and security holders may obtain free copies of the Proxy
Statement (when available) and other documents filed with the SEC by the Company through the website maintained by the SEC at http://www.sec.gov.
The documents filed by the Company with the SEC also may be obtained free of charge at the Company&rsquo;s website at https://www.romandbdr.com/investor-relations
or upon written request to 2877 Paradise Rd., # 702, Las Vegas, Nevada 89109.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Participants in the Solicitation</I></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Company and CompoSecure
and their respective directors and executive officers may be considered participants in the solicitation of proxies with respect to the
proposed transaction. Information regarding such directors and executive officers, including a description of their interests, by security
holdings or otherwise, in the proposed transaction will be set forth in the Proxy Statement and other relevant materials to be filed with
the SEC regarding the proposed transaction. Stockholders, potential investors and other interested persons should read the Proxy Statement
carefully before making any voting or investment decisions. These documents, when available, can be obtained free of charge as described
in the preceding paragraph.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B><I>Forward-Looking Statements</I></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Certain statements included
in this Current Report on Form&nbsp;8-K (&ldquo;<B>8-K</B>&rdquo;) that are not historical facts are forward-looking statements for purposes
of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include,
but are not limited to statements regarding the Company&rsquo;s or CompoSecure&rsquo;s expectations, hopes, beliefs, intentions or strategies
regarding the future, including, without limitation, statements regarding the proposed Merger, the ability of the parties to consummate
the Merger, and future financial performance and strategy. In addition, any statements that refer to projections, forecasts, or other
characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking
statements generally are accompanied by words such as &ldquo;believe,&rdquo; &ldquo;may,&rdquo; &ldquo;will,&rdquo; &ldquo;estimate,&rdquo;
 &ldquo;continue,&rdquo; &ldquo;anticipate,&rdquo; &ldquo;intend,&rdquo; &ldquo;expect,&rdquo; &ldquo;should,&rdquo; &ldquo;would,&rdquo;
 &ldquo;plan,&rdquo; &ldquo;predict,&rdquo; &ldquo;potential,&rdquo; &ldquo;seem,&rdquo; &ldquo;seek,&rdquo; &ldquo;future,&rdquo; &ldquo;outlook,&rdquo;
and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking
statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and
projections of market opportunity. These statements are based on various assumptions, whether or not identified in this 8-K, and on the
current expectations of CompoSecure&rsquo;s and the Company&rsquo;s management and are not predictions of actual performance. These forward-looking
statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as,
a guarantee, a prediction or a definitive statement of fact or probability. Neither the Company nor CompoSecure gives any assurance that
either the Company or CompoSecure will achieve its expectations. Actual events and circumstances are difficult or impossible to predict
and will differ from assumptions. Many actual events and circumstances are beyond the control of CompoSecure and the Company. These forward-looking
statements involve a number of risks, uncertainties (some of which are beyond the Company&rsquo;s and CompoSecure&rsquo;s control) or
other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking
statements. These factors include, among others: the inability to complete the transaction; the inability to recognize the anticipated
benefits of the proposed transaction, including due to the failure to receive required security holder approvals, or the failure of other
closing conditions; and costs related to the proposed transaction. You should carefully consider the risks and uncertainties described
in the &ldquo;Risk Factors&rdquo; section of the Proxy Statement, which is expected to be filed by the Company with the SEC and other
documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties
that could cause actual events and results to differ materially from those contained in the forward-looking statements. If any of these
risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking
statements. There may be additional risks that none of the Company or CompoSecure presently know or that the Company or CompoSecure currently
believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition,
forward-looking statements reflect the Company&rsquo;s and CompoSecure&rsquo;s expectations, plans or forecasts of future events and views
as of the date of this 8-K. The Company and CompoSecure anticipate that subsequent events and developments will cause the Company&rsquo;s
and CompoSecure&rsquo;s assessments to change. However, while the Company and CompoSecure may elect to update these forward-looking statements
at some point in the future, the Company and CompoSecure specifically disclaim any obligation to do so. These forward-looking statements
should not be relied upon as representing the Company&rsquo;s and CompoSecure&rsquo;s assessments as of any date subsequent to the date
of this 8-K. Accordingly, undue reliance should not be placed upon the forward-looking statements.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"><B>Item 9.01.</B></TD><TD><B>Financial Statements and Exhibits.</B></TD></TR></TABLE>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 96px">(d)</TD>
    <TD STYLE="text-align: justify"><U>Exhibits.</U></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 96px"><A HREF="https://www.sec.gov/Archives/edgar/data/1823144/000110465921051686/tm2113351d1_ex2-1.htm" STYLE="-sec-extract: exhibit">2.1*&dagger;&nbsp;</A></TD>
    <TD STYLE="text-align: justify"><A HREF="https://www.sec.gov/Archives/edgar/data/1823144/000110465921051686/tm2113351d1_ex2-1.htm" STYLE="-sec-extract: exhibit">Agreement
    and Plan of Merger, dated April&nbsp;19, 2021, by and among the Company, Roman Parent Merger Sub, LLC, CompoSecure Holdings, L.L.C.,
    and LLR Equity Partners IV, L.P., as Member Representative. (incorporated by reference to Exhibit 2.1 to Roman DBDR Tech Acquisition
    Corp.'s Current Report on Form 8-K filed with the SEC on April 19, 2021)</A></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><A HREF="tm2117479d1_ex2-2.htm">2.2</A></TD>
    <TD STYLE="text-align: justify"><A HREF="tm2117479d1_ex2-2.htm">Amendment No.&nbsp;1 to the Agreement and Plan of Merger, dated as of May&nbsp;25, 2021, by and among the Company, Roman Parent Merger Sub, LLC, and CompoSecure Holdings, L.L.C.</A></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>*</TD>
    <TD STYLE="text-align: justify">Incorporated by reference and not filed herewith.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&dagger;</TD>
    <TD STYLE="text-align: justify">Certain of the exhibits and schedules to this exhibit have been omitted in accordance with Regulation S-K Item 601(b)(2). The Registrant agrees to furnish supplementally a copy of all omitted exhibits and schedules to the SEC upon its request. </TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding: 0.25pt 3.05pt 0.25pt 0.25pt"><B>ROMAN DBDR TECH ACQUISITION CORP.</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding: 0.25pt 2.05pt 0.25pt 0.25pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding: 0.25pt 2.05pt 0.75pt 0.25pt">/s/ Donald G. Basile</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD>
    <TD STYLE="width: 4%; padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD>
    <TD STYLE="width: 6%; padding: 0.25pt 1.05pt 0.25pt 0.25pt">Name:&nbsp;</TD>
    <TD STYLE="width: 40%; padding: 0.25pt 1.05pt 0.25pt 0.25pt">Donald G. Basile</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">Title:</TD>
    <TD STYLE="padding: 0.25pt 1.05pt 0.25pt 0.25pt">Chairman of the Board and Co-Chief Executive Officer</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dated: May&nbsp;25, 2021</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 5; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-2.2
<SEQUENCE>2
<FILENAME>tm2117479d1_ex2-2.htm
<DESCRIPTION>EXHIBIT 2.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B><U>Exhibit&nbsp;2.2</U></B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>AMENDMENT NO. 1 TO THE AGREEMENT AND PLAN OF
MERGER</U></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">&#9;This Amendment No. 1 to
the Agreement and Plan of Merger, dated as of May 25, 2021 (this &ldquo;<U>Amendment</U>&rdquo;), is by and among Roman DBDR Tech Acquisition
Corp., a Delaware corporation (&ldquo;<U>Parent</U>&rdquo;), Roman Parent Merger Sub, LLC, a Delaware limited liability company and a
direct wholly owned subsidiary of Parent (&ldquo;<U>Merger Sub</U>&rdquo;), CompoSecure Holdings, L.L.C., a Delaware limited liability
company (the &ldquo;<U>Company</U>&rdquo;). Capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms
in the Merger Agreement (as defined below).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>BACKGROUND:</U></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-indent: 0.5in">WHEREAS, Parent, Merger Sub, the Company and LLR
Equity Partners IV, L.P., a Delaware limited partnership, are parties to that certain Agreement and Plan of Merger, dated as of April
19, 2021 (the &ldquo;<U>Merger Agreement</U>&rdquo;) which sets forth the plan of merger of Merger Sub with and into the Company, with
the Company continuing as the surviving entity following such merger, upon the terms and conditions set forth in the Merger Agreement
(the &ldquo;<U>Merger</U>&rdquo;); and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, Parent, Merger Sub and the Company desire
to amend Annex J the Merger Agreement to, among other things, provide that the Company shall be managed by a board of managers following
the consummation of the Merger and increase the voting rights attributable to the Class A Units held by Parent following the Merger.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">NOW, THEREFORE, in consideration of the premises
and of the mutual covenants and agreements herein contained, and intending to be legally bound hereby, the parties hereto do hereby agree
as follows:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">1.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><B><U>Amendment to the Merger Agreement</U></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a) &#9;The Merger Agreement is hereby amended
by deleting Annex J in its entirety and replacing it with Exhibit A attached hereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">2.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><B><U>Miscellaneous</U></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>This Amendment and all matters arising out of or relating hereto, including its validity, construction and interpretation, shall
be governed by the laws of the State of Delaware, without regard to the laws as to choice or conflict of laws, except to the extent that
the laws of the jurisdiction of incorporation of a party shall govern its internal corporate affairs.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Except as modified herein, all other terms and provisions of the Merger Agreement (including the Schedules and Exhibits thereto)
are unchanged and remain in full force and effect. This Amendment shall not be amended or modified except by written instrument duly executed
by each of the parties hereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(c)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The titles, captions and table of contents in this Agreement are for reference purposes only, and shall not in any way define,
limit, extend or describe the scope of this Amendment or otherwise affect the meaning or interpretation of this Amendment.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(d)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>If any provision of this Amendment is held invalid or unenforceable by any court of competent jurisdiction, the other provisions
of this Amendment 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 Amendment, they shall take any actions necessary to render
the remaining provisions of this Amendment valid and enforceable to the fullest extent permitted by Law and, to the extent necessary,
shall amend or otherwise modify this Amendment 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.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(e)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>This Amendment shall be binding upon any permitted assignee, transferee, successor or assign of or to any of the parties hereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(f)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>This Amendment may be executed in two or more counterparts for the convenience of the parties hereto, each of which shall be deemed
an original and all of which together will constitute one and the same instrument. Delivery of an executed counterpart of a signature
page to this Amendment by facsimile or portable document format shall be effective as delivery of a mutually executed counterpart to this
Amendment.</P>

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><I>[remainder of page left intentionally blank]</I></B></P>

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


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">IN WITNESS WHEREOF, the parties have caused this
Amendment to be duly executed by their duly authorized representatives as of the date first written above.</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">ROMAN DBDR TECH ACQUISITION CORP.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 47%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Dr. Donald Basile</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Name:&nbsp;&nbsp;Dr. Donald Basile</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Title: &nbsp;Co-Chief Executive Officer</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ROMAN PARENT MERGER SUB, LLC</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Dr. Donald Basile</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Name: &nbsp;Dr. Donald Basile</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: &nbsp;Chief Executive Officer</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">COMPOSECURE HOLDINGS, L.L.C.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Jonathan C. Wilk</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Name: &nbsp;Jonathan C. Wilk&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Title: &nbsp;Chief Executive Officer</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>EXHIBIT A</U></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: center"><FONT STYLE="text-transform: uppercase">Form of
CompoSecure Holdings, L.L.C. Second Amended and Restated Limited Liability Company Agreement</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">See attached.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>COMPOSECURE HOLDINGS, L.L.C.</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(a Delaware Limited Liability Company)</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 0pt auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECOND AMENDED AND RESTATED LIMITED LIABILITY
COMPANY AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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

<!-- Field: Rule-Page --><DIV STYLE="margin: 0pt auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Dated as of [&#9679;], 2021</B></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>THE UNITS REPRESENTED BY THIS SECOND
AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED,
OR UNDER ANY OTHER APPLICABLE FEDERAL OR STATE SECURITIES LAWS. SUCH UNITS MAY&nbsp;NOT BE SOLD, ASSIGNED, PLEDGED OR OTHERWISE DISPOSED
OF AT ANY TIME WITHOUT EFFECTIVE REGISTRATION UNDER SUCH ACT AND LAWS OR EXEMPTION THEREFROM, AND COMPLIANCE WITH THE OTHER RESTRICTIONS
ON TRANSFER SET FORTH HEREIN.</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="text-transform: uppercase">Article&nbsp;I</FONT> DEFINITIONS</TD>
    <TD STYLE="text-align: right">2</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in; width: 14%">Section&nbsp;1.1</TD>
    <TD STYLE="width: 82%">Definitions</TD>
    <TD STYLE="text-align: right; width: 4%">2</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;1.2</TD>
    <TD>Cross References</TD>
    <TD STYLE="text-align: right">10</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;1.3</TD>
    <TD>Construction</TD>
    <TD STYLE="text-align: right">11</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 10pt; text-indent: -10pt"><FONT STYLE="text-transform: uppercase">Article&nbsp;II</FONT> CONTINUATION OF COMPANY</TD>
    <TD STYLE="text-align: right">11</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;2.1</TD>
    <TD>Continuation</TD>
    <TD STYLE="text-align: right">11</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;2.2</TD>
    <TD>Name</TD>
    <TD STYLE="text-align: right">12</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;2.3</TD>
    <TD>Principal Place of Business</TD>
    <TD STYLE="text-align: right">12</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;2.4</TD>
    <TD>Registered Office and Registered Agent</TD>
    <TD STYLE="text-align: right">12</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;2.5</TD>
    <TD>Purposes and Powers</TD>
    <TD STYLE="text-align: right">12</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;2.6</TD>
    <TD>Term</TD>
    <TD STYLE="text-align: right">12</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 10.1pt; text-indent: -10.1pt">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 10.1pt; text-indent: -10.1pt"><FONT STYLE="text-transform: uppercase">Article&nbsp;III</FONT> MEMBERS</TD>
    <TD STYLE="text-align: right">12</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;3.1</TD>
    <TD>Members</TD>
    <TD STYLE="text-align: right">12</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;3.2</TD>
    <TD>Admission of Additional Members</TD>
    <TD STYLE="text-align: right">13</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;3.3</TD>
    <TD>Voting Rights</TD>
    <TD STYLE="text-align: right">13</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;3.4</TD>
    <TD>Limitation of Liability of Members</TD>
    <TD STYLE="text-align: right">13</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;3.5</TD>
    <TD>Priority and Return of Capital</TD>
    <TD STYLE="text-align: right">14</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;3.6</TD>
    <TD>Representations and Warranties</TD>
    <TD STYLE="text-align: right">14</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 10.1pt; text-indent: -10.1pt">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 10.1pt; text-indent: -10.1pt"><FONT STYLE="text-transform: uppercase">Article&nbsp;IV</FONT> MEETINGS OF MEMBERS</TD>
    <TD STYLE="text-align: right">15</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;4.1</TD>
    <TD>Record Date</TD>
    <TD STYLE="text-align: right">15</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;4.2</TD>
    <TD>Calling the Meeting</TD>
    <TD STYLE="text-align: right">15</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;4.3</TD>
    <TD>Notice</TD>
    <TD STYLE="text-align: right">15</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;4.4</TD>
    <TD>Participation</TD>
    <TD STYLE="text-align: right">15</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;4.5</TD>
    <TD>Vote by Proxy</TD>
    <TD STYLE="text-align: right">15</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;4.6</TD>
    <TD>Conduct of Business</TD>
    <TD STYLE="text-align: right">15</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;4.7</TD>
    <TD>Quorum</TD>
    <TD STYLE="text-align: right">16</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;4.8</TD>
    <TD>Action Without a Meeting</TD>
    <TD STYLE="text-align: right">16</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 10.1pt; text-indent: -10.1pt">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 10.1pt; text-indent: -10.1pt"><FONT STYLE="text-transform: uppercase">Article&nbsp;V</FONT> MANAGEMENT</TD>
    <TD STYLE="text-align: right">16</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;5.1</TD>
    <TD>Establishment of the Board</TD>
    <TD STYLE="text-align: right">16</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;5.2</TD>
    <TD>Board Composition; Vacancies</TD>
    <TD STYLE="text-align: right">16</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;5.3</TD>
    <TD>Meetings of the Board; Actions.</TD>
    <TD STYLE="text-align: right">17</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;5.4</TD>
    <TD>Notice..</TD>
    <TD STYLE="text-align: right">17</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;5.5</TD>
    <TD>Quorum.</TD>
    <TD STYLE="text-align: right">17</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 6; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->i<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in; width: 14%">Section&nbsp;5.6</TD>
    <TD STYLE="width: 82%">Company Books</TD>
    <TD STYLE="text-align: right; width: 4%">17</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;5.7</TD>
    <TD>Relationships with Affiliates</TD>
    <TD STYLE="text-align: right">17</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;5.8</TD>
    <TD>Title to Assets</TD>
    <TD STYLE="text-align: right">18</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;5.9</TD>
    <TD>Reliance by Third Parties</TD>
    <TD STYLE="text-align: right">18</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;5.10</TD>
    <TD>Reimbursement of Expenses</TD>
    <TD STYLE="text-align: right">18</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;5.11</TD>
    <TD>Officers.</TD>
    <TD STYLE="text-align: right">18</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 10.1pt; text-indent: -10.1pt">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 10.1pt; text-indent: -10.1pt"><FONT STYLE="text-transform: uppercase">Article&nbsp;VI</FONT> OBLIGATIONS,&nbsp;INDEMNIFICATION AND EXCULPATION</TD>
    <TD STYLE="text-align: right">19</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;6.1</TD>
    <TD>Performance of Duties; No Liability of Members or Officers</TD>
    <TD STYLE="text-align: right">19</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;6.2</TD>
    <TD>Confidential Information</TD>
    <TD STYLE="text-align: right">20</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;6.3</TD>
    <TD>Right to Indemnification</TD>
    <TD STYLE="text-align: right">20</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;6.4</TD>
    <TD>Advance Payment</TD>
    <TD STYLE="text-align: right">21</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;6.5</TD>
    <TD>Indemnification of Employees and Agents</TD>
    <TD STYLE="text-align: right">21</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;6.6</TD>
    <TD>Appearance as a Witness</TD>
    <TD STYLE="text-align: right">21</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;6.7</TD>
    <TD>Nonexclusivity of Rights</TD>
    <TD STYLE="text-align: right">21</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;6.8</TD>
    <TD>Insurance</TD>
    <TD STYLE="text-align: right">22</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;6.9</TD>
    <TD>Savings Clause</TD>
    <TD STYLE="text-align: right">22</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 10.1pt; text-indent: -10.1pt">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 10.1pt; text-indent: -10.1pt"><FONT STYLE="text-transform: uppercase">Article&nbsp;VII</FONT> CAPITAL STRUCTURE</TD>
    <TD STYLE="text-align: right">22</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;7.1</TD>
    <TD>Capital Structure</TD>
    <TD STYLE="text-align: right">22</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;7.2</TD>
    <TD>Effect of Exchange</TD>
    <TD STYLE="text-align: right">23</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;7.3</TD>
    <TD>Capital Accounts</TD>
    <TD STYLE="text-align: right">24</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;7.4</TD>
    <TD>Capital Contributions of Members</TD>
    <TD STYLE="text-align: right">24</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="text-transform: uppercase">Article&nbsp;VIII</FONT> ALLOCATIONS AND DISTRIBUTIONS</TD>
    <TD STYLE="text-align: right">24</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;8.1</TD>
    <TD>Allocations</TD>
    <TD STYLE="text-align: right">24</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;8.2</TD>
    <TD>Interim Allocations Due to Members&rsquo; Membership Interest Adjustment</TD>
    <TD STYLE="text-align: right">25</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;8.3</TD>
    <TD>Certain Tax Matters</TD>
    <TD STYLE="text-align: right">25</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;8.4</TD>
    <TD>Distributions</TD>
    <TD STYLE="text-align: right">26</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;8.5</TD>
    <TD>Distributions in Kind</TD>
    <TD STYLE="text-align: right">27</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;8.6</TD>
    <TD>Distribution Rules&nbsp;and Tax Withholding</TD>
    <TD STYLE="text-align: right">28</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;8.7</TD>
    <TD>Restrictions on Distributions</TD>
    <TD STYLE="text-align: right">28</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;8.8</TD>
    <TD>Accounting Method</TD>
    <TD STYLE="text-align: right">29</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;8.9</TD>
    <TD>Interest on and Return of Capital Contributions</TD>
    <TD STYLE="text-align: right">29</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;8.10</TD>
    <TD>Taxes</TD>
    <TD STYLE="text-align: right">29</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 7; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->ii<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in; width: 14%">Section&nbsp;8.11</TD>
    <TD STYLE="width: 82%">Tax Matters Representative</TD>
    <TD STYLE="text-align: right; width: 4%">29</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;8.12</TD>
    <TD>Accounting Decisions; Auditors</TD>
    <TD STYLE="text-align: right">31</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;8.13</TD>
    <TD>Tax Classification</TD>
    <TD STYLE="text-align: right">31</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;8.14</TD>
    <TD>Accounting Method</TD>
    <TD STYLE="text-align: right">31</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;8.15</TD>
    <TD>Accounting Records</TD>
    <TD STYLE="text-align: right">31</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="text-transform: uppercase">Article&nbsp;IX</FONT> ASSIGNMENT; ADMISSION AND WITHDRAWAL OF PARTNERS</TD>
    <TD STYLE="text-align: right">31</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;9.1</TD>
    <TD>Assignment of Units</TD>
    <TD STYLE="text-align: right">31</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;9.2</TD>
    <TD>Transfers by Members</TD>
    <TD STYLE="text-align: right">31</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;9.3</TD>
    <TD>Effect of Permitted Transfer</TD>
    <TD STYLE="text-align: right">33</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;9.4</TD>
    <TD>Recognition of Assignment by Company</TD>
    <TD STYLE="text-align: right">33</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;9.5</TD>
    <TD>Death,&nbsp;Incompetency, Bankruptcy or Dissolution of a Member</TD>
    <TD STYLE="text-align: right">33</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;9.6</TD>
    <TD>Withdrawal from the Company</TD>
    <TD STYLE="text-align: right">33</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;9.7</TD>
    <TD>Drag-Along Rights.</TD>
    <TD STYLE="text-align: right">33</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="text-transform: uppercase">Article&nbsp;X</FONT> DISSOLUTION AND TERMINATION OF THE COMPANY</TD>
    <TD STYLE="text-align: right">35</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;10.1</TD>
    <TD>Dissolution of the Company</TD>
    <TD STYLE="text-align: right">35</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;10.2</TD>
    <TD>Winding Up, Liquidation and Distribution of Assets of the Company Upon Dissolution of the Company</TD>
    <TD STYLE="text-align: right">35</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;10.3</TD>
    <TD>Certificate of Cancellation</TD>
    <TD STYLE="text-align: right">36</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;10.4</TD>
    <TD>Returns of Contributions Nonrecourse to Members</TD>
    <TD STYLE="text-align: right">36</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="text-transform: uppercase">Article&nbsp;XI</FONT> MISCELLANEOUS PROVISIONS</TD>
    <TD STYLE="text-align: right">36</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;11.1</TD>
    <TD>Notices</TD>
    <TD STYLE="text-align: right">36</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;11.2</TD>
    <TD>Entire Agreement; Non-Waiver</TD>
    <TD STYLE="text-align: right">37</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;11.3</TD>
    <TD>Amendments</TD>
    <TD STYLE="text-align: right">37</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;11.4</TD>
    <TD>No Waivers</TD>
    <TD STYLE="text-align: right">37</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;11.5</TD>
    <TD>Applicable Law</TD>
    <TD STYLE="text-align: right">37</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;11.6</TD>
    <TD>SUBMISSION TO JURISDICTION; WAIVER OF JURY TRIAL; SELECTION OF FORUM</TD>
    <TD STYLE="text-align: right">38</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;11.7</TD>
    <TD>Further Assurances</TD>
    <TD STYLE="text-align: right">38</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;11.8</TD>
    <TD>Assignment of Contracts and Rights</TD>
    <TD STYLE="text-align: right">38</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;11.9</TD>
    <TD>No Right to Partition</TD>
    <TD STYLE="text-align: right">38</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;11.10</TD>
    <TD>No Third-Party Rights</TD>
    <TD STYLE="text-align: right">39</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;11.11</TD>
    <TD>Successors and Assigns</TD>
    <TD STYLE="text-align: right">39</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;11.12</TD>
    <TD>Severability</TD>
    <TD STYLE="text-align: right">39</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 8; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->iii<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in; width: 14%">Section&nbsp;11.13</TD>
    <TD STYLE="width: 82%">Remedies Not Exclusive</TD>
    <TD STYLE="text-align: right; width: 4%">39</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;11.14</TD>
    <TD>Representation by Counsel</TD>
    <TD STYLE="text-align: right">39</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;11.15</TD>
    <TD>Counterparts</TD>
    <TD STYLE="text-align: right">39</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.35in">Section&nbsp;11.16</TD>
    <TD>Attorneys&rsquo; Fees</TD>
    <TD STYLE="text-align: right">39</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Schedule A</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Schedule
of Members</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Schedule B</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Tax
Representations</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 9; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->iv<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>LIMITED LIABILITY COMPANY 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: center"><B>OF</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: center"><B>COMPOSECURE HOLDINGS, L.L.C.</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">THIS SECOND AMENDED AND RESTATED
LIMITED LIABILITY COMPANY AGREEMENT (this &ldquo;<U>Agreement</U>&rdquo;) of CompoSecure Holdings, L.L.C. (the &ldquo;<U>Company</U>&rdquo;),
is made as of [&#9679;], 2021, by and among the Company and each of the Persons listed as Members on the signature pages&nbsp;attached
hereto and each other Person who becomes a Member in accordance with the terms of this Agreement.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, the Company was formed
as a limited liability company pursuant to the Delaware Limited Liability Company Act (together with any successor statute, as amended
from time to time, the &ldquo;<U>Act</U>&rdquo;) by filing the Certificate with the Secretary of State of the State of Delaware on May&nbsp;13,
2020 (the &ldquo;<U>Formation Date</U>&rdquo;);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, on the Formation Date,
the initial member of the Company executed the Limited Liability Company Agreement of the Company (the &ldquo;<U>Original Agreement</U>&rdquo;);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, on June&nbsp;11, 2020,
the Company and certain Members amended and restated the Original Agreement in its entirety (the &ldquo;<U>Amended Agreement</U>&rdquo;);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, the Company and PubCo
(as defined below) are parties to that certain Agreement and Plan of Merger, dated as of April&nbsp;19, 2021 (the &ldquo;<U>Merger Agreement</U>&rdquo;),
pursuant to which, among other things, a wholly owned subsidiary of PubCo merged with and into the Company, with the Company continuing
as the surviving entity following such merger as a wholly owned subsidiary of PubCo; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, in connection with
the consummation of the transactions contemplated by the Merger Agreement, the parties hereto desire to enter into this Agreement to,
among other things, amend and restate the Amended Agreement in its entirety.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">NOW, THEREFORE, in consideration
of the mutual promises and obligations contained herein, the parties, intending to be legally bound, hereby agree to amend and restate
the Amended Agreement in its entirety as follows:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;I</B></FONT></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: center"><B><U>DEFINITIONS</U></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;1.1</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Definitions</U>.
The following terms used in this Agreement shall have the following meanings:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Affiliate</U>&rdquo;
shall mean, with respect to any Person, any other Person who, directly or indirectly, controls, is controlled by, or is under direct or
indirect common control with, such Person. For the purposes of this definition &ldquo;control,&rdquo; when used with respect to any specified
Person, shall mean the power to direct or cause the direction of the management and policies of such Person, directly or indirectly, whether
through ownership of voting securities or partnership or other ownership interests, by contract or otherwise; and the terms &ldquo;controlling&rdquo;
and &ldquo;controlled&rdquo; shall have correlative meanings.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Agreement</U>&rdquo;
shall mean this Second Amended and Restated Limited Liability Company Agreement, as amended, modified or supplemented from time to time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Bankruptcy</U>&rdquo;
shall mean, with respect to any Person, if such Person (a)&nbsp;makes an assignment for the benefit of creditors, (b)&nbsp;files a voluntary
petition in bankruptcy, (c)&nbsp;is adjudged a bankrupt or insolvent, or has entered against it an order for relief, in any bankruptcy
or insolvency proceedings, (d)&nbsp;files a petition or answer seeking for itself any reorganization, arrangement, composition, readjustment,
liquidation or similar relief under any statute, law or regulation, (e)&nbsp;files an answer or other pleading admitting or failing to
contest the material allegations of a petition filed against it in any Proceeding of this nature, or (f)&nbsp;seeks, consents to or acquiesces
in the appointment of a trustee, receiver or liquidator of the Person or of all or any substantial part of its properties, or if one hundred
twenty (120) days after the commencement of any Proceeding against the Person seeking reorganization, arrangement, composition, readjustment,
liquidation or similar relief under any statute, law or regulation, if the Proceeding has not been dismissed, or if within ninety (90)
days after the appointment without such Person&rsquo;s consent or acquiescence of a trustee, receiver or liquidator of such Person or
of all or any substantial part of its properties, the appointment is not vacated or stayed, or within 90 days after the expiration of
any such stay, the appointment is not vacated.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>BBA Audit Rules</U>&rdquo;
shall mean Subchapter C of Chapter 63 of the Code (Sections 6221 et seq.), as enacted by the Bipartisan Budget Act of 2015, as amended
from time to time, and any Treasury Regulations, other guidance promulgated thereunder, and any similar U.S. state or local or non-U.S.
legislation, regulations or guidance.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Board</U>&rdquo; has
the meaning set forth in <U>Section&nbsp;5.1</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Business</U>&rdquo;
shall mean any and all activities and transactions which are necessary, convenient, desirable or incidental to holding any equity interest
in CompoSecure, L.L.C. and any of its Subsidiaries.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Business Day</U>&rdquo;
shall mean any day other than Saturday, Sunday or any other day on which banks located in the State of New York are authorized or required
to be closed.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 11; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Capital Account</U>&rdquo;
has the meaning set forth in <U>Section&nbsp;7.3</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Capital Contribution</U>&rdquo;
shall mean, with respect to each Member, any contribution to the Company in money or other property (at such other property&rsquo;s initial
Gross Asset Value) by such Member whenever made.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Certificate</U>&rdquo;
shall mean the Certificate of Formation of the Company filed with the Delaware Secretary of State, as such Certificate may be amended
from time to time in accordance with the Act.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Class&nbsp;A Common
Stock</U>&rdquo; shall means the Class&nbsp;A Common Stock of PubCo, par value $0.0001 per share, or the common stock or other equity
securities for which such common stock has been converted.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Class&nbsp;A Units</U>&rdquo;
shall mean any Units that are designated as Class&nbsp;A Units on <U>Schedule A</U> attached hereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Class&nbsp;B Common
Stock</U>&rdquo; shall mean the Class&nbsp;B Common Stock of PubCo, par value $0.0001 per share, or the common stock or other equity securities
into which such common stock has been converted.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Class&nbsp;B Units</U>&rdquo;
shall mean any Units that are designated as Class&nbsp;B Units on <U>Schedule A</U> attached hereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Code</U>&rdquo; shall
mean the Internal Revenue Code of 1986, as amended from time to time, or any superseding federal tax law. A reference herein to a specific
section (&sect;) of the Code refers not only to such specific section of the Code, but also to any corresponding provision of any superseding
federal tax statute, as such specific section of the Code or such corresponding provision is in effect on the date of application of the
provisions of this Agreement containing such reference.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Confidential Information</U>&rdquo;
shall mean all information of a confidential or proprietary nature (whether or not specifically labeled or identified as &ldquo;confidential&rdquo;),
in any form or medium, that relates to the products, services or research or development of the Company and its Subsidiaries or their
suppliers, distributors, customers, independent contractors or other business relations. Confidential Information includes the following:
(a)&nbsp;internal business information (including information relating to strategic and staffing plans and practices, business, training,
marketing, promotional and sales plans and practices, cost, rate and pricing structures and accounting and business methods); (b)&nbsp;identities
of, individual requirements of, specific contractual arrangements with, and information about, the Company&rsquo;s or its Subsidiaries&rsquo;
suppliers, distributors, customers, independent contractors or other business relations and their confidential information; (c)&nbsp;inventions,
innovations, improvements, developments, methods, designs, analyses, drawings, reports and all similar or related information (whether
or not patentable); and (d)&nbsp;all of the following U.S. and foreign: (i)&nbsp;patents, patent applications, patent disclosures and
inventions (whether or not patentable and whether or not reduced to practice) and any reissue, continuation, continuation-in-part, division,
extension or reexamination thereof; (ii)&nbsp;trademarks, service marks, trade dress, trade names, corporate names, logos and slogans
(and all translations, adaptations, derivations and combinations of the foregoing) and Internet domain names, together with all goodwill
associated with each of the foregoing; (iii)&nbsp;copyrights and copyrightable works; (iv)&nbsp;registrations, applications and renewals
for any of the foregoing; (v)&nbsp;trade secrets and confidential and proprietary information, including ideas, formulas, compositions,
know-how, related processes and techniques, models, research and development information, drawings, specifications, designs, plans, proposals
and technical data and manuals (in each case relating to products currently in production as well as products under development); (vi)&nbsp;computer
software (including source code, executable code, data, databases and documentation); and (vii)&nbsp;all other intangible properties (including
incorporeal properties); together with all books, records, drawings or other indicia, however evidenced.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 12; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Depreciation</U>&rdquo;
shall mean, in any Fiscal Year (or other period), an amount equal to the depreciation, amortization or other cost recovery deduction allowable
with respect to an asset for federal income tax purposes, except that: (a)&nbsp;with respect to any asset the Gross Asset Value of which
differs from its adjusted tax basis for federal income tax purposes and which difference is being eliminated by use of the &ldquo;remedial
method&rdquo; defined by Treasury Regulations Section&nbsp;1.704-3(d), Depreciation for such Fiscal Year (or other period) shall be the
amount of book basis recovered for such Fiscal Year (or other period) under the rules&nbsp;prescribed by Treasury Regulations Section&nbsp;1.704-3(d)(2);
and (b)&nbsp;with respect to any other asset whose Gross Asset Value differs from its adjusted tax basis, Depreciation shall be determined
in accordance with the methods used for federal income tax purposes and shall equal the amount that bears the same ratio to the Gross
Asset Value of such asset as the depreciation, amortization or other cost recovery deduction computed for federal income tax purposes
with respect to such asset bears to the adjusted federal income tax basis of such asset; <U>provided</U>, <U>however</U>, that if any
such asset that is depreciable or amortizable has an adjusted federal income tax basis of zero, then the rate of Depreciation shall be
as determined by the Board.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Distributable Cash</U>&rdquo;
shall mean all cash, revenues and funds received by the Company and its Subsidiaries from the Company&rsquo;s and its Subsidiaries&rsquo;
operations and assets, less the sum of the following to the extent paid or set aside by the Company or its Subsidiaries, as applicable:
(a)&nbsp;all principal and interest payments on indebtedness of the Company and its Subsidiaries and all other sums paid to lenders with
respect to the Company and its Subsidiaries; (b)&nbsp;all cash expenditures incurred in the normal operation of the business of the Company
and its Subsidiaries; and (c)&nbsp;such reserves as the Board deems reasonably necessary for the proper operation of the Business.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Economic Interest</U>&rdquo;
shall mean a Member&rsquo;s share of the Company&rsquo;s net profits, net losses and distributions pursuant to this Agreement and the
Act, but shall not include any right to participate in the management or affairs of the Company, including the right to vote on, consent
to, or otherwise participate in, any decision of the Members, or any right to receive information concerning the business and affairs
of the Company, in each case to the extent provided for herein or otherwise required by the Act.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Electronic Transmission</U>&rdquo;&nbsp;means
any form of communication not directly involving the physical transmission of paper that creates a record that may be retained, retrieved
and reviewed by a recipient thereof and that may be directly reproduced in paper form by such a recipient through an automated process.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 13; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Entity</U>&rdquo;
shall mean any partnership (general or limited), limited liability company, corporation, joint venture, trust, business trust, cooperative,
association, foreign trust or foreign business organization or other legal entity.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Exchange Act</U>&rdquo;
shall mean the United States Securities Exchange Act of 1934, as amended.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Exchange Agreement</U>&rdquo;
shall mean the Exchange Agreement, dated as of the date hereof, by and among PubCo, the Company and such holders of Class&nbsp;B Units
from time to time party thereto, as it may be amended from time to time in accordance with its terms.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>fair market value</U>&rdquo;
shall mean, with respect to any property or asset (other than cash) (including any Units and any other equity securities of the Company),
the price at which such property or asset is likely to be sold in an arm&rsquo;s-length transaction between a willing and able buyer and
a willing and able seller, neither of which is an Affiliate of a Member or of the other, based on the then prevailing market conditions.
 &ldquo;Fair market value&rdquo; shall be determined by the Board in good faith.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Family Group</U>&rdquo;
shall mean, with respect to any Person, any Immediate Family Member of such Person, any bona fide estate planning vehicle established
and maintained solely for the benefit of such Person or any Immediate Family Member of such Person, and any Successor in Interest who
is an executor, administrator, committee, or legal representative of such Person or such Person&rsquo;s estate. For purposes of this definition,
 &ldquo;Successor in Interest&rdquo; shall mean any (a)&nbsp;trustee, custodian, receiver or other Person acting in any Bankruptcy or reorganization
proceeding with respect to, (b)&nbsp;assignee for the benefit of the creditors of, (c)&nbsp;trustee or receiver, or current or former
officer, director or partner, or other fiduciary acting for or with respect to the dissolution, liquidation or termination of, or (d)&nbsp;other
executor, administrator, committee, legal representative or other successor or assign of, any Person, whether by operation of law or otherwise.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Fiscal Year</U>&rdquo;
shall mean (a)&nbsp;the period commencing upon the date hereof and ending on December&nbsp;31, 2021, (b)&nbsp;any subsequent twelve (12)
month period commencing on January&nbsp;1 and ending on December&nbsp;31, or (c)&nbsp;any portion of the period described in clause (b)&nbsp;of
this sentence ending on the date on which the Certificate is canceled in accordance with the Act; <U>provided</U>, in each case unless
changed by the Board or such other period as may be required by the Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Gross Asset Value</U>&rdquo;
shall mean, with respect to any asset of the Company, such asset&rsquo;s adjusted basis for federal income tax purposes, except as follows:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">the
initial Gross Asset Value of any asset contributed by a Member to the Company shall be the gross fair market value of such asset, as determined
by the Board;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">the
Gross Asset Value of all assets of the Company shall be adjusted to equal their respective gross fair market values, as determined by
the Board as of the following times: (i)&nbsp;the acquisition of an additional interest in the Company by any new or existing Member in
exchange for more than a <I>de minimis</I> Capital Contribution to the Company; (ii)&nbsp;the distribution by the Company of more than
a <I>de minimis</I> amount of the property of the Company as consideration for an interest in the Company; and (iii)&nbsp;the liquidation
of the Company within the meaning of Treasury Regulations Section&nbsp;1.704-1(b)(2)(ii)(g); <U>provided</U>, <U>however</U>, that adjustments
pursuant to Clause (i)&nbsp;and Clause (ii)&nbsp;of this sentence shall be made only if the Board determines that such adjustments are
necessary or appropriate to reflect the relative economic interests in the Company of the Members;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 14; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">the
Gross Asset Value of any asset of the Company that is distributed to any Member shall be the gross fair market value of such asset on
the date of distribution, as determined by the Board; and</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(d)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">the
Gross Asset Values of assets of the Company (including intangible assets, such as goodwill) shall be increased (or decreased) to reflect
any adjustments to the adjusted bases of such assets pursuant to Sections 734(b)&nbsp;or 743(b)&nbsp;of the Code, but only to the extent
that such adjustments are taken into account in determining Capital Accounts pursuant to Treasury Regulations Section&nbsp;1.704-1(b)(2)(iv)(m)&nbsp;and
Paragraph (f)&nbsp;of the definition of &ldquo;Profits&rdquo; and &ldquo;Losses&rdquo; below; <U>provided</U>, <U>however</U>, that Gross
Asset Values shall not be adjusted pursuant to this paragraph (iv)&nbsp;to the extent the Board determines that an adjustment pursuant
to paragraph (ii)&nbsp;of this definition is necessary or appropriate in connection with a transaction that would otherwise result in
an adjustment pursuant to this paragraph (d).</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">If the Gross Asset Value of
an asset has been determined or adjusted pursuant to paragraph (a), (b)&nbsp;or (d)&nbsp;above, such Gross Asset Value shall thereafter
be adjusted by the Depreciation taken into account with respect to such asset for purposes of computing the Profits and Losses of the
Company.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Hypothetical Rate</U>&rdquo;
shall mean the highest combined marginal federal and applicable state or local statutory income tax rate applicable to an individual resident
in New York City, New York, including the Medicare contribution tax on unearned income.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Hypothetical Total
Tax Liability</U>&rdquo; shall mean, with respect to a calendar quarter, the greatest Implied Total Tax Liability with respect to any
Member with respect to such calendar quarter.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Immediate Family Member</U>&rdquo;
shall mean, with respect to any Person, a lineal descendant, sibling, lineal descendant of a sibling, in each case whether by blood or
adoption, parent, spouse or domestic partner.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Implied Total Tax
Liability</U>&rdquo; shall mean, with respect to any Member, with respect to a calendar quarter, the product of (a)&nbsp;the net taxable
income of the Company allocable to such Member for full or partial Fiscal Years commencing after the Closing Date (as such term is defined
in the Merger Agreement) attributable to the applicable quarterly period and all prior quarterly periods in such Fiscal Year, taking into
account any prior taxable loss or deductions of the Company allocable to such Member for full or partial Fiscal Years commencing after
the Closing Date (as such term is defined in the Merger Agreement), based upon (A)&nbsp;the information returns filed by the Company,
as amended or adjusted to date, and (B)&nbsp;estimated amounts, in the case of periods for which the Company has not yet filed information
returns (in each case, determined by (1)&nbsp;including any income or deductions resulting from the application of Treasury Regulations
Section&nbsp;1.704-3 and (2)&nbsp;excluding any basis adjustment from the application of Sections 743(b)&nbsp;or 734(b)&nbsp;of the Code),
and (b)&nbsp;the Hypothetical Rate (such product increased to the extent necessary to apply alternative minimum tax rates and rules),
divided by (c)&nbsp;the Percentage Interest of such Member (expressed as a number between zero and 1.0), taking into account ownership
changes of the Members as reasonably determined by the Board.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 15; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Imputed Underpayment
Amount</U>&rdquo; shall mean (a)&nbsp;any &ldquo;imputed underpayment&rdquo; within the meaning of Code Section&nbsp;6225 (or any corresponding
or similar provision of state, local or foreign tax law) paid (or payable) by the Company as a result of any adjustment by the IRS with
respect to any Company item of income, gain, loss, deduction, or credit of the Company (including, without limitation, any &ldquo;partnership-related
item&rdquo; within the meaning of Code Section&nbsp;6241(2)&nbsp;(or any corresponding or similar provision of state, local or foreign
tax law)), including any interest, penalties or additions to tax with respect to any such adjustment, (b)&nbsp;any amount not described
in clause (a)&nbsp;(including any interest, penalties or additions to tax with respect to such amounts) paid (or payable) by the Company
as a result of the application of Code Sections 6221-6241 (or any corresponding or similar provision of state, local or foreign tax law),
and/or (c)&nbsp;any amount paid (or payable) by any entity treated as a partnership for U.S. federal income tax purposes in which the
Company holds (or has held) a direct or indirect interest other than through entities treated as corporations for U.S. federal income
tax purposes if the Company bears the economic burden of such amounts, whether by law or agreement, as a result of the application of
Code Sections 6221-6241 (including for the avoidance of doubt Code Section&nbsp;6226(b)) (or any corresponding or similar provision of
state, local or foreign tax law), including any interest, penalties or additions to tax with respect to such amounts.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Manager</U>&rdquo;
has the meaning set forth in <U>Section&nbsp;5.1</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Majority Class&nbsp;B
Members</U>&rdquo; shall mean the Members holding a majority of the then outstanding Class&nbsp;B Units.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Member</U>&rdquo;
shall mean each Person who holds any Units identified on <U>Schedule A</U> hereto as of the date hereof who has executed this Agreement
or a counterpart hereof and each Person who is hereafter admitted as a Member in accordance with the terms of this Agreement and the Act,
in each case so long as such Person owns, and is shown on the Company&rsquo;s books and records as the owner of, one or more Units. The
Members shall constitute the &ldquo;members&rdquo; (as that term is defined in the Act) of the Company. Except as expressly provided herein,
the Members shall constitute a single class or group of members of the Company for all purposes of the Act and this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Membership Interest</U>&rdquo;
shall mean a Member&rsquo;s interest in the Company, including such Member&rsquo;s Economic Interest and the rights as a Member (including
the rights, if any, to participate in the management of the business and affairs of the Company, including the right, if any, to vote
on, consent to or otherwise participate in any decision or action of or by the Members and the right to receive information concerning
the business and affairs of the Company, in each case to the extent expressly provided in this Agreement or otherwise required by the
Act).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 16; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Nonrecourse Deductions</U>&rdquo;
has the meaning set forth in Treasury Regulations Section&nbsp;1.704-2(b)(1). The amount of Nonrecourse Deductions of the Company for
a Fiscal Year equals the net increase, if any, in the amount of Partnership Minimum Gain of the Company during that Fiscal Year, determined
according to the provisions of Treasury Regulations Section&nbsp;1.704-2(c).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Nonrecourse Liability</U>&rdquo;
has the meaning set forth in Treasury Regulations Section&nbsp;1.752-1(a)(2).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Original Holders</U>&rdquo;
shall mean the members of the Company prior to the date of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Owner</U>&rdquo; shall
mean, with respect to any Person, the Person that owns, directly or indirectly, any equity or voting interest in such specified Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Partner Nonrecourse
Debt</U>&rdquo; shall have the meaning set forth in Treasury Regulations Section&nbsp;1.704-2(b)(4).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Partner Nonrecourse
Deductions</U>&rdquo; shall have the meaning set forth in Treasury Regulations Section&nbsp;1.704-2(i)(2).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Partnership Minimum
Gain</U>&rdquo; shall have the same meaning as the term &ldquo;partnership minimum gain&rdquo; set forth in Treasury Regulations Section&nbsp;1.704-2(b)(2)&nbsp;and
1.704-2(d).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Percentage Interest</U>&rdquo;
shall mean, with respect to any Member, as of any date of determination, such Member&rsquo;s Economic Interest in the Company expressed
as a portion of one hundred percent (100%), as shown on <U>Schedule A</U> attached hereto, determined by dividing (a)&nbsp;the total number
of Units held by such Member as of such date by (b)&nbsp;the total number of Units outstanding as of such date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Persons</U>&rdquo;
shall mean any individual or Entity.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Profits</U>&rdquo;
and &ldquo;<U>Losses</U>&rdquo; shall mean, for any Fiscal Year (or other period), an amount equal to the taxable income or loss of the
Company as determined for federal income tax purposes, with the following adjustments:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">such
taxable income or loss shall be increased by the amount, if any, of tax-exempt income received or accrued by the Company not otherwise
taken into account in determining Profit and Loss;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">such
taxable income or loss shall be reduced by the amount, if any, of all expenditures of the Company (not otherwise taken into account in
determining Profit and Loss) described in Section&nbsp;705(a)(2)(B)&nbsp;of the Code, including expenditures treated as described therein
under Section&nbsp;1.704-1(b)(2)(iv)(i)&nbsp;of the Treasury Regulations;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">items
of income, gain, deductions or losses specially allocated pursuant to <U>Section&nbsp;8.3(c)</U>&nbsp;through <U>Section&nbsp;8.3(h)</U>&nbsp;in
any year shall be excluded from the calculation of such taxable income or loss for such year;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 17; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(d)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">if
the Gross Asset Value of any asset is adjusted pursuant to clause (b)&nbsp;or (c)&nbsp;of the definition of Gross Asset Value, the amount
of such adjustment shall be taken into account, immediately prior to the event giving rise to such adjustment, as gain or loss from the
disposition of such asset for purposes of computing Profit or Loss;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(e)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">gain
or loss resulting from any disposition of any asset with respect to which gain or loss is recognized for federal income tax purposes shall
be computed by reference to the Gross Asset Value of the asset disposed of, notwithstanding that such Gross Asset Value differs from the
adjusted tax basis of such asset;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(f)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">in
lieu of the depreciation, amortization, or other cost recovery deductions taken into account in computing such taxable income or loss,
there shall be taken into account Depreciation for such taxable year; and</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(g)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">to
the extent an adjustment to the adjusted&nbsp;tax basis of any Company asset pursuant to Section&nbsp;734(b)&nbsp;of the Code is required,
pursuant to Treasury Regulations Section&nbsp;1.704-1(b)(2)(iv)(m)(4), to be taken into account in determining Capital Accounts as a result
of a distribution other than in liquidation of a Member&rsquo;s interest in the Company, the amount of such adjustment shall be treated
as an item of gain (if the adjustment increases the basis of the asset) or loss (if the adjustment decreases such basis) from the disposition
of such asset and shall be taken into account for purposes of computing Profit or Loss.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>PubCo</U>&rdquo; shall
mean CompoSecure,&nbsp;Inc, a Delaware corporation formerly known as Roman DBDR Tech Acquisition Corp.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Record Date</U>&rdquo;
shall mean the date established by the Board pursuant to <U>Section&nbsp;4.1</U> as the record date for purposes of any entitlement hereunder
or any other purpose as determined by the Board.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Securities Act</U>&rdquo;
shall mean the Securities Act of 1933, as amended.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Subsidiary</U>&rdquo;
shall mean, with respect to any Person, and other Person controlled by such Person directly or indirectly through any other Subsidiary
of such Person or in which such Person owns directly or indirectly through any other Subsidiary of such Person more than 50% of the outstanding
common stock or other outstanding equity securities ordinarily entitled to vote in such Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Tax Distribution Date</U>&rdquo;
shall mean the tenth (10th) day of each of March, June, September&nbsp;and December, or such other dates as may be appropriate in light
of tax payment requirements as determined by the Board.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Transfer</U>&rdquo;
shall mean any direct or indirect transfer, sale, assignment, pledge, lease, redemption, hypothecation, mortgage, gift, creation of security
interest, lien or trust (voting or otherwise) or other encumbrance, or other disposition of any Units or other equity securities of the
Company; and &ldquo;<U>Transferor</U>&rdquo; and &ldquo;<U>Transferee</U>&rdquo; shall have correlative meanings; <U>provided</U>, <U>however</U>,
that notwithstanding anything to the contrary herein, no transfer, sale, assignment, pledge, lease, redemption, hypothecation, mortgage,
gift, creation of security interest, lien or trust (voting or otherwise) or other encumbrance, or other disposition of any Class&nbsp;A
Common Stock or Class&nbsp;B Common Stock or other capital stock of PubCo shall be deemed to be a &ldquo;Transfer;&rdquo; <U>provided</U>,
<U>further</U>, that no transfer or exchange of any Class&nbsp;A Common Stock or Class&nbsp;B Common Stock pursuant to the Exchange Agreement
shall be deemed to be a &ldquo;Transfer.&rdquo;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 18; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Treasury Regulations</U>&rdquo;
shall mean the income tax regulations, including temporary regulations, promulgated under the Code, as such regulations may be amended
from time to time (including corresponding provisions of superseding regulations).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>True-Up Amount</U>&rdquo;
shall mean, in respect of a Fiscal Year of the Company, an amount (but not less than zero) equal to the excess of (a)&nbsp;the Hypothetical
Total Tax Liability with respect to such Fiscal Year over (b)&nbsp;the aggregate amount of distributions made in respect of such tax year
(treating any Tax Distribution made with respect to income for such Fiscal Year, regardless of when made, and any distribution other than
a Tax Distribution made during such Fiscal Year, as being made in respect of such Fiscal Year).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Unit</U>&rdquo; shall
mean an Economic Interest in the Company that is designated as a &ldquo;Unit&rdquo; and shall include the Class&nbsp;A Units and the Class&nbsp;B
Units; <U>provided that</U> any class or group of Units issued shall have the relative rights, powers and duties set forth in this Agreement
and the Economic Interest represented by such class or group of Units shall be determined in accordance with such relative rights, powers
and duties. Except to the extent otherwise provided herein, each class of Unit represents the same fractional interest in such Economic
Interest in the Company as each other Unit in such class. Units may be issued in different classes and in whole and fractional numbers.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;1.2</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Cross
References</U>. Each of the following terms shall have the meaning assigned thereto in the Section&nbsp;of this Agreement set forth below
opposite such term:</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 80%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Term</U></B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Section</U></B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Act</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Recitals</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Agreement</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Preamble</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amended Agreement</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Recitals</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 88%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Applicable Sale</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 11%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.7(a)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Applicable Sale Notice</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.7(b)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Company</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Preamble</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Damages</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.3</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deficit Member</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.3(g)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deficit Unit</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.3(g)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Designated Individual</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.11(a)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Drag-Along Right</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.7(a)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Effective Transfer Time</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.3</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Formation Date</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Recitals</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Merger Agreement</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Recitals</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Original Agreement</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Recitals</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Permitted Transferee</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.2(b)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Proceeding</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.3</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Regulatory Allocations</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.3(h)</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 19; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 80%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify; width: 88%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Term</U></B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 11%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>Section</U></B></FONT></TD></TR>
</TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 80%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify; width: 88%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Tax Distribution</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 11%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.4(a)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Tax Excess</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.6(b)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #CCEEFF">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Tax Liability</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.6(b)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Tax Matters Representative</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.11(a)</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;1.3</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Construction</U>.
The headings and subheadings in this Agreement are included for convenience and identification only and are in no way intended to describe,
interpret, define or limit the scope, extent or intent of this Agreement or any provision hereof. The definitions in this <U>Article&nbsp;I
</U>shall apply equally to both the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall
include the corresponding masculine, feminine and neuter forms. All references herein to Articles, Sections and Schedules shall be deemed
to be references to Articles and Sections of, and Schedules to, this Agreement unless the context shall otherwise require. All Schedules
attached hereto shall be deemed incorporated herein as if set forth in full herein and, unless otherwise defined therein, all terms used
in any Schedule shall have the meaning ascribed to such term in this Agreement. The words &ldquo;include,&rdquo; &ldquo;includes&rdquo;
and &ldquo;including&rdquo; shall be deemed to be followed by the phrase &ldquo;without limitation.&rdquo; A reference to any party to
this Agreement or any other agreement or document shall include such party&rsquo;s predecessors, successors and permitted assigns. The
word &ldquo;or&rdquo; shall be disjunctive but not exclusive. All accounting terms not defined in this Agreement shall have the meanings
determined by GAAP. The words &ldquo;hereof,&rdquo; &ldquo;herein&rdquo; and &ldquo;hereunder&rdquo; and words of similar import when
used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement. Unless otherwise
expressly provided herein, any agreement, instrument, law or statute defined or referred to herein means such agreement, instrument,
law or statute as from time to time amended, modified or supplemented, including (in the case of agreements or instruments) by waiver
or consent and (in the case of laws or statutes) by succession of comparable successor laws or statutes and references to all attachments
thereto and instruments incorporated therein. Unless otherwise expressly specified herein, including any allocation to be made among
all Members or a group of Members &ldquo;on a pro rata basis&rdquo; or &ldquo;ratably&rdquo; shall be made in proportion to the Percentage
Interests of such Members or group of Members immediately prior to the transaction with respect to which such allocation is being made.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;II</B></FONT></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: center"><B><U>CONTINUATION OF COMPANY</U></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.1</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Continuation</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt"><U>Continuation</U>.
The Company was formed on May&nbsp;13, 2020, pursuant to the provisions of the Act, upon the filing of the Certificate with the Secretary
of State of the State of Delaware. The parties hereto hereby continue the Company as a limited liability company under and pursuant to
the provisions of the Act and agree that the rights, duties and liabilities of the Members shall be as provided in the Act, except as
otherwise provided herein.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt"><U>Schedule
A</U> attached hereto shall be updated from time to time as is necessary to accurately reflect the information contained therein, including
the admission of additional Members. Any revision to <U>Schedule A</U> attached hereto made in accordance with this Agreement shall not
be deemed an amendment to this Agreement. Any reference in this Agreement to <U>Schedule A</U> attached hereto shall be deemed to be
a reference to <U>Schedule A</U> attached hereto, as amended and in effect from time to time.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 20; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.2</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Name</U>.
The name of the Company heretofore formed and continued hereby is &ldquo;CompoSecure Holdings, L.L.C.&rdquo; The name of the Company
may be changed from time to time by the Board, and upon such change an appropriate amendment to the Certificate shall be filed as required
by the Act.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.3</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Principal
Place of Business</U>. The principal office of the Company is, and shall continue to be, at such place as the Board may designate from
time to time, which need not be in the State of Delaware, and the Company shall maintain records thereat. The Company may have such other
offices as the Board may designate from time to time.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.4</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Registered
Office and Registered Agent</U>. The registered office of the Company required by the Act to be maintained in the State of Delaware is,
and shall continue to be, the office of the initial registered agent named in the Certificate or such other office (which need not be
a place of business of the Company) as the Board may designate from time to time in the manner provided by law. The registered agent
of the Company in the State of Delaware is, and shall continue to be, the initial registered agent named in the Certificate or such other
Person or Persons as the Board may designate from time to time in the manner provided by law.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.5</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Purposes
and Powers</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Subject
to <U>Section&nbsp;2.5(b)</U>, the Company is formed for the purpose of, directly and indirectly, engaging in the Business and in any
and all activities and transactions which are necessary, convenient, desirable or incidental to the foregoing and in any lawful business,
act or activity as the Board may determine from time to time and for which a limited liability company may be organized under the Act,
and engaging in any and all activities necessary, convenient, desirable or incidental to the foregoing.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">The
Company shall have authority to engage in any other lawful business, purpose or activity permitted by the Act, and shall possess and
may exercise all of the powers and privileges granted by the Act, together with any powers incidental thereto, including such powers
or privileges as are necessary or convenient to the conduct, promotion or attainment of the business purposes or activities of the Company,
in each case, as the Board (or any officer pursuant to delegated authority) may determine.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;2.6</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Term</U>.
The Company shall have a perpetual existence unless the Company is dissolved in accordance with the provisions of this Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;III</B></FONT></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: center"><B><U>MEMBERS</U></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;3.1</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Members</U>.
The name, residence, business or mailing addresses, and the type and number of Units of each Member are set forth on <U>Schedule A</U>,
as such Schedule shall be amended from time to time by the Board in accordance with the terms of this Agreement. Unless otherwise specified,
any reference in this Agreement to <U>Schedule A</U> shall be deemed to be a reference to <U>Schedule A</U> as amended and in effect
from time to time in accordance with the terms of this Agreement. Each Person listed on <U>Schedule A</U> (as in effect on the date hereof)
upon (i)&nbsp;his, her or its execution of this Agreement or counterpart thereto and (ii)&nbsp;receipt by the Company of such Person&rsquo;s
Capital Contributions, if any, is hereby admitted to the Company as a Member and shall own the number and type of Units set forth opposite
such Member&rsquo;s name on <U>Schedule A</U>, as amended from time to time in accordance with the terms of this Agreement. The Board
may in its discretion issue certificates to the Members representing the Units held by each Member.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 21; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;3.2</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Admission
of Additional Members</U>. The Company may admit additional Persons as Members, and such Persons shall make Capital Contributions, and
may participate in the profits, losses, distributions, allocations and Capital Contributions upon such terms as are established by the
Company. A Person shall be admitted as a Member at the time: (a)&nbsp;all conditions to such Person&rsquo;s admission pursuant to this
Agreement have been satisfied, including those set forth in <U>Article&nbsp;IX</U>, as applicable, as determined by the Board, and (b)&nbsp;such
Person executes this Agreement or a counterpart signature page&nbsp;to this Agreement. Following admission as a Member, such Person shall
be listed by the Board as a Member on <U>Schedule A</U> attached hereto.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;3.3</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Voting
Rights</U>. Each Member shall be entitled to ten votes per Class&nbsp;A Unit and one vote per Class&nbsp;B Unit that it holds with respect
to any matters to which the Member holding such Units are entitled to vote. For any matters on which the Members are entitled to vote,
the vote of the Members holding a majority of the voting power of all Units, voting together as a single class, shall constitute the
vote required for approval of the Members.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;3.4</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Limitation
of Liability of Members</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Except
as otherwise expressly required by the Act, a Member, in its capacity as such, shall have no liability in excess of (i)&nbsp;the amount
of its Capital Contribution, (ii)&nbsp;its share of any undistributed profits and assets of the Company, (iii)&nbsp;its obligation to
make other payments expressly provided for in this Agreement, and (iv)&nbsp;the amount of any distributions from the Company wrongfully
distributed to it. It is the intent of the parties hereto that no distribution to any Member shall be deemed a return of any money or
other property in violation of the Act. However, if any court of competent jurisdiction holds that, notwithstanding the provisions of
this Agreement, a Member is obligated to return such money or property, such obligation shall be the obligation of such Member and not
of the Company or any other Member.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">No
Member, in its capacity as such, shall take part in the day-to-day management, operation or control of the business and affairs of the
Company. No Member, in its capacity as such, shall have any right, power or authority to transact any business in the name of the Company
or to act for or on behalf of or to bind the Company. A Member shall have no rights other than those specifically provided herein or
the Act.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">A
Member or an employee, agent, director or officer of a Member may also be an employee, agent, director or officer of the Company. The
existence of these relationships and acting in such capacities will not result in a Member being deemed to be participating in the control
of the business of the Company or otherwise affect the liability of such Member or the Person so acting.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 22; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;3.5</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Priority
and Return of Capital</U>. Except as may be expressly provided herein, no Member shall have priority over any other Member, either as
to the return of Capital Contributions or as to the Profits, Losses or distributions with respect to the Company.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;3.6</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Representations
and Warranties</U>. Each Member, upon executing this Agreement (or counterpart signature to this Agreement), hereby represents and warrants
to the Company and the Members who have also executed this Agreement that:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">(i)&nbsp;such
Member has knowledge and experience in financial and business matters and is capable of evaluating the merits and risks of an investment
in the Company and making an informed investment decision with respect thereto; (ii)&nbsp;such Member has received, reviewed and evaluated
all information necessary to assess the merits and risks of its investment in the Company and has had answered to its satisfaction any
questions regarding such information; (iii)&nbsp;such Member is able to bear the economic and financial risk of an investment in the
Company for an indefinite period of time; (iv)&nbsp;such Member is acquiring such Member&rsquo;s interest in the Company for its sole
benefit and account, for investment only and not with a view to, or for resale in connection with, any distribution to the public or
public offering thereof; (v)&nbsp;(A)&nbsp;if such Member is an entity, the execution, delivery and performance of this Agreement have
been duly authorized by such Member and (B)&nbsp;if such Member is a natural Person, such Member has full legal capacity to enter into
and perform his or her obligations under this Agreement; (vi)&nbsp;the execution, delivery and performance of this Agreement do not require
such Member to obtain any consent or approval that has not been obtained and do not contravene or result in a default under any provision
of any law or regulation applicable to such Member or other governing documents or any agreement or instrument to which such Member is
a party (if such Member is an entity) or by which such Member is bound; (vii)&nbsp;the determination of such Member to acquire such Member&rsquo;s
interest in the Company has been made by such Member independent of any other Member and independent of any statements or opinions as
to the advisability of such purchase or as to the properties, business, prospects or condition (financial or otherwise) of the Company
and its Subsidiaries which may have been made or given by any other Member or any agent or employee of any other Member; (viii)&nbsp;this
Agreement is valid, binding and enforceable against such Member in accordance with its terms, except as limited by (A)&nbsp;bankruptcy,
insolvency, reorganization, moratorium, fraudulent conveyance or other similar laws relating to creditors&rsquo; rights generally and
(B)&nbsp;general principles of equity, whether such enforceability is considered in a Proceeding in equity or at law; and (ix)&nbsp;such
Member is an &ldquo;accredited investor&rdquo; as defined in Rule&nbsp;501(a)&nbsp;of Regulation D promulgated under the Securities Act.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">(i)&nbsp;(A)&nbsp;such
Member is not a flow-through entity within the meaning of Treasury Regulations Section&nbsp;1.7704-1(h)(3), and such Member is the sole
beneficial owner of the interest to be registered in its name (which shall be interpreted to mean that the transferee is not and will
not be treated as a nominee for, or agent of, another party or as anything other than the real owner of such interest for federal income
tax purposes, at any time) or (B)&nbsp;such Member is a flow-through entity within the meaning of Treasury Regulations Section&nbsp;1.7704-1(h)(3)&nbsp;and
there is no person (a &ldquo;Beneficial Owner&rdquo;) that owns an interest in such Member such that (1)&nbsp;substantially all of the
value of the Beneficial Owner&rsquo;s interest in such Member will be attributable to such Member&rsquo;s interest (direct or indirect)
in the Company and (2)&nbsp;a principal purpose of the use of the tiered arrangement is to permit the Company to satisfy the 100-partner
limitation in Treasury Regulations Section&nbsp;1.7704-1(h)(1)(ii); (ii)&nbsp;such Member did not purchase its interest through (A)&nbsp;a
national, foreign, regional, local or other securities exchange, (B)&nbsp;PORTAL or (C)&nbsp;over the counter market (including an interdealer
quotation system that regularly disseminates firm buy or sell quotations by identified brokers or dealers by electronic means or otherwise);
(iii)&nbsp;such Member did not purchase its interest from, to or through (A)&nbsp;a person, such as a broker or dealer, that makes a
market in, or regularly quotes prices for, such interests or (B)&nbsp;a person that regularly makes available to the public (including
customers or subscribers) bid or offer quotes with respect to the interest and stands ready to effect, buy or sell transactions at the
quoted prices for itself or on behalf of others.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 23; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;IV</B></FONT></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: center"><B><U>MEETINGS OF MEMBERS</U></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.1</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Record
Date</U>. For the purpose of determining Members entitled to notice of or to vote at any meeting of Members or any adjournment thereof,
or Members entitled to receive payment of any distribution, or in order to make a determination of Members for any other purpose, the
Board may set a Record Date for such determination of Members. When a determination of Members entitled to vote at any meeting of Members
has been made as provided in this <U>Section&nbsp;4.1</U>, such determination shall apply to any adjournment thereof.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.2</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Calling
the Meeting</U>. Meetings of the Members may be called by (i)&nbsp;the Board or (ii)&nbsp;Members holding a majority of the voting power
of all Units, voting together as a single class.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.3</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Notice</U>.
Written notice stating the place, date and time of the meeting and, in the case of a meeting of the Members not regularly scheduled,
describing the purposes for which the meeting is called, shall be delivered not fewer than one (1)&nbsp;day and not more than thirty
(30) days before the date of the meeting to each Member, by or at the direction of the Board or the Members calling the meeting, as the
case may be. The Members may hold meetings at the Company&rsquo;s principal office or at such other place as the Board or the Members
calling the meeting may designate in the notice for such meeting.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.4</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Participation</U>.
Any Member may participate in a meeting of the Members by means of video conference, telephone or other communications equipment by means
of which all Persons participating in the meeting can hear each other, and participation in a meeting by such means shall constitute
presence in person at such meeting.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.5</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Vote
by Proxy</U>. On any matter that is to be voted on by Members, a Member may vote in person or by proxy, and such proxy may be granted
in writing, by means of Electronic Transmission or as otherwise permitted by law. Every proxy shall be revocable in the discretion of
the Member executing it unless otherwise provided in such proxy; <I>provided</I>, that such right to revocation shall not invalidate
or otherwise affect actions taken under such proxy prior to such revocation.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.6</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Conduct
of Business</U>. The business to be conducted at such meeting need not be limited to the purpose described in the notice and can include
business to be conducted by Members holding Units; <I>provided</I>, that the Members shall have been notified of the meeting in accordance
with <U>Section&nbsp;4.3</U>. Attendance of a Member at any meeting shall constitute a waiver of notice of such meeting, except where
a Member attends a meeting for the express purpose of objecting to the transaction of any business on the ground that the meeting is
not lawfully called or convened.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 24; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.7</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Quorum</U>.
A quorum of any meeting of the Members shall require the presence of the Members holding a majority of the voting power of all Units,
voting together as a single class. Subject to <U>Section&nbsp;4.8</U>, no action at any meeting may be taken by the Members unless the
quorum is present. Subject to <U>Section&nbsp;4.8</U> no action may be taken by the Members at any meeting at which a quorum is present
without the affirmative vote of Members holding a majority of the voting power of all Units, voting together as a single class.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;4.8</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Action
Without a Meeting</U>. Any action required or permitted to be taken at a meeting of Members may be taken without a meeting and without
prior notice by the written consent of the Members holding a majority of the voting power of all Units, voting together as a single class,
which such written consent may include DocuSign or other electronic and email options.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;V</B></FONT></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: center"><B><U>MANAGEMENT</U></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.1</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Establishment
of the Board; Power and Authority</U>. A board of managers of the Company (the &ldquo;<B>Board</B>&rdquo;) is hereby established and
shall be comprised of natural Persons (each such Person, a &ldquo;<B>Manager</B>&rdquo;) who shall be appointed in accordance with the
provisions of <U>Section&nbsp;5.2</U>. The business and affairs of the Company shall be managed, operated and controlled by or under
the direction of the Board, and the Board shall have, and is hereby granted, the full and complete power, authority and discretion for,
on behalf of and in the name of the Company, to take such actions as it may in its sole discretion deem necessary or advisable to carry
out any and all of the objectives and purposes of the Company, subject only to the terms of this Agreement. The Board shall be the &ldquo;manager&rdquo;
of the Company as provided in the Act.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.2</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Board
Composition; Vacancies; Voting</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">The
number of Managers constituting the Board shall be determined from time to time by the Members, which shall initially be set at [three
(3)]. The Managers shall be elected by the Members holding a majority of the voting power of all Units, voting together as a single class,
and shall serve until (i)&nbsp;removed with or without cause by the Members holding a majority of the voting power of all Units, voting
together as a single class, (ii)&nbsp;such Manager&rsquo;s successor is duly elected and appointed by the Members holding a majority
of the voting power of all Units, voting together as a single class, or (iii)&nbsp;such Manager&rsquo;s death, disability or resignation.
The Members hereby appoint [Jonathan C. Wilk, Timothy W. Fitzsimmons, and Lewis Rubovitz] as the initial Managers. Vacancies and newly
created Board positions resulting from any increase in the authorized number of Managers constituting the entire Board may be filled
by the Members holding a majority of the voting power of all Units, voting together as a single class.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 25; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Each
Manager shall be entitled to cast one vote on all matters to be acted on by the Board. Any action or matter approved by the Board shall
require the affirmative vote of a majority of the Managers then comprising the Board. All determinations, acts and designations to be
made hereunder by the Company shall be made by the Board and shall be final and binding for all purposes of this Agreement. No person
shall be required to inquire into, and persons dealing with the Company are entitled to rely conclusively on, the right, power and authority
of a majority of the Managers of the Board to bind the Company.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.3</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Meetings
of the Board; Actions</U>. At any meeting of the Board, any Manager may participate by video conference, telephone or other communications
equipment by means of which all Persons participating in the meeting can hear each other, and participation in a meeting by such means
shall constitute presence in person at such meeting. The presence of at least a majority of all Managers shall constitute a quorum for
the transaction of business. Decisions of the Board shall require the approval of at least a majority of all members of the Board; provided,
however, that the Board also may make decisions, without holding a meeting, by the written consent of a majority of the Managers, which
such written consent may include DocuSign or other electronic and email options. Minutes of each meeting and a record of each decision
shall be kept by a designee of the Board.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.4</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Notice</U>.
Written notice stating the place, date and time of all regular meetings of the Board and, in the case of a meeting of the Board not regularly
scheduled, describing the purposes for which the meeting is called, shall be delivered not fewer than one (1)&nbsp;day and not more than
thirty (30) days before the date of the meeting to each Manager. The Board may hold meetings at the Company&rsquo;s principal office
or at such other place as the Manager or Managers calling the meeting may designate in the notice for such meeting.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.5</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Quorum</U>.
A quorum of any meeting of the Board shall require the majority of the Managers. No action at any meeting may be taken by the Managers
unless the quorum is present. No action may be taken by the Managers at any meeting at which a quorum is present without the affirmative
vote of a majority of the Managers so present.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.6</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Company
Books</U>. The Board shall keep or cause to be kept full and true books of account maintained in accordance with generally accepted accounting
principles consistently applied and in which shall be entered fully and accurately each transaction of the Company. Such books of account,
together with a copy of this Agreement and of the Certificate, shall at all times be maintained at the principal place of business of
the Company. Upon reasonable written request, any Member shall have the right, at a time during ordinary business hours, as reasonably
determined by the Board, to inspect and copy, at the requesting Member&rsquo;s expense, the books and records of the Company for any
purpose reasonably related to such Member&rsquo;s interest with respect to the Company.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.7</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Relationships
with Affiliates</U>. The Board may cause the Company to enter into any agreement or contract with any Manager, any Affiliate of a Manager,
any Member, any Affiliate of a Member or any agent of the Company without the prior approval of any Member; <U>provided</U>, that any
such agreement or contract shall contain substantially such terms and conditions as would be contained in a similar agreement or contract
entered into by the Company as the result of arm&rsquo;s-length negotiations from a comparable unaffiliated and disinterested third party.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 26; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.8</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Title
to Assets</U>. Title to assets of the Company, whether real, personal or mixed, tangible or intangible, shall be deemed to be owned by
the Company, and no Member, individually or collectively, shall have any ownership interest in such assets or any portion thereof.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.9</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Reliance
by Third Parties</U>. Any Person may rely upon a certificate signed by all of the Managers on the Board as to (a)&nbsp;the identity of
the Members, (b)&nbsp;any factual matters relevant to the affairs of the Company, (c)&nbsp;the Persons who are authorized to execute
and deliver any document on behalf of the Company or (d)&nbsp;any action taken or omitted by the Company, the Board or any Member with
respect to the business of the Company.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.10</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Reimbursement
of Expenses</U>. The Company shall reimburse the Managers for all ordinary and reasonably necessary out-of-pocket expenses incurred by
them in accordance with this Agreement on behalf of the Company.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;5.11</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Officers</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt"><U>Designation
and Appointment</U>. The Board may, from time to time, employ and retain Persons as may be necessary or appropriate for the conduct of
the Company&rsquo;s business (subject to the supervision and control of the Board), including employees, agents and other Persons (any
of whom may be a Member) who may be designated as Officers of the Company, with titles including &ldquo;chairman,&rdquo; &ldquo;chief
executive officer,&rdquo; &ldquo;president,&rdquo; &ldquo;vice president,&rdquo; &ldquo;treasurer,&rdquo; &ldquo;secretary,&rdquo; &ldquo;general
manager,&rdquo; &ldquo;director,&rdquo; &ldquo;chief financial officer&rdquo; and &ldquo;chief operating officer,&rdquo; to the extent
authorized by the Board. Any number of offices may be held by the same Person. The Board may choose not to fill any office for any period
as it may deem advisable. Officers need not be Members or residents of the State of Delaware. Any Officers so designated shall have such
authority and shall perform such duties as are typical of such positions and as may otherwise be delegated from time to time by the Board.
The Board may assign titles to particular Officers. Each Officer shall hold office until his or her successor shall be duly designated
and shall qualify or until his or her death or until he shall resign or shall have been removed in the manner hereinafter provided. The
salaries or other compensation, if any, of the Officers of the Company shall be fixed from time to time by the Board.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt"><U>Resignation/Removal</U>.
Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein,
or if no time be specified, at the time of its receipt by the Board. The acceptance of a resignation shall not be necessary to make it
effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause at any time
by the Board, subject to any contractual agreement between the Company and such Officer. Designation of an Officer shall not of itself
create any contractual or employment rights.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt"><U>Duties
of Officers Generally</U>. The Officers, in the performance of their duties as such, shall owe to the Company the customary duties, including
the duties of loyalty and due care, of the type owed by the officers of a corporation to such corporation and its equity-holders under
the laws of the State of Delaware.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 27; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;VI</B></FONT></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: center"><B><U>OBLIGATIONS,&nbsp;INDEMNIFICATION AND EXCULPATION</U></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.1</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Performance
of Duties; No Liability of Members or Officers</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">No
Member shall, in its capacity as a Member, have any duty to the Company or any other Member except as expressly set forth herein or in
other written agreements. Furthermore, notwithstanding anything herein to the contrary, and in accordance with applicable law, any and
all fiduciary duties of the Members to the Company or to another Member or to another person that is a party to or is otherwise bound
by this Agreement shall be eliminated to the maximum extent permitted by law; <U>provided</U>, that the implied contractual covenant
of good faith and fair dealing shall not be eliminated. No Member or Officer shall be liable to the Company or to any Member for any
loss or damage sustained by the Company or to any Member, unless the loss or damage shall have been the result of gross negligence, fraud
or intentional misconduct by the Member or Officer in question. In performing his, her or its duties (if any), each such Person shall
be entitled to rely in good faith on the provisions of this Agreement and on information, opinions, reports or statements (including
financial statements and information, opinions, reports or statements as to the value or amount of the assets, liabilities, profits or
losses of the Company or any facts pertinent to the existence and amount of assets from which distributions to Members might properly
be paid) of the following other Persons or groups: one or more Officers or employees of the Company, any attorney, independent accountant,
appraiser or other expert or professional employed or engaged by or on behalf of the Company or the Board; or any other Person who has
been selected with reasonable care by or on behalf of the Board, in each case as to matters which such relying Person reasonably believes
to be within such other Person&rsquo;s competence. No Member or Officer shall be personally liable under any judgment of a court, or
in any other manner, for any debt, obligation or liability of the Company, whether that liability or obligation arises in contract, tort
or otherwise, solely by reason of being a Member, Officer or any combination of the foregoing. The waiver of duties and limitations of
liability set forth in this <U>Section&nbsp;6.1</U> shall apply to each such Person&rsquo;s capacity as a Member or Officer. Notwithstanding
anything to the contrary in this <U>Section&nbsp;6.1</U>, the Managers shall owe the same fiduciary duties to the Company and the Members
as are owed by directors of a Delaware corporation to such corporation and its stockholders, and such duties shall not be limited by
the fact that the Managers shall be permitted to take certain actions in their discretion hereunder.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Any
Member and any Affiliate of any Member may engage in or possess an interest in other profit-seeking or business ventures of any kind,
nature or description, independently or with others, whether or not such ventures are competitive with the Company and the doctrine of
corporate opportunity, or any analogous doctrine, shall not apply to any Member. No Member who acquires knowledge of a potential transaction,
agreement, arrangement or other matter that may be an opportunity for the Company shall have any duty to communicate or offer such opportunity
to the Company, and such Member shall not be liable to the Company or to the other Members for breach of any fiduciary or other duty
by reason of the fact that such Member pursues or acquires for, or directs such opportunity to another Person or does not communicate
such opportunity or information to the Company. Neither the Company nor any Member shall have any rights or obligations by virtue of
this Agreement or the relationship created hereby or thereby in or to such independent ventures or the income or profits or losses derived
therefrom, and the pursuit of such ventures, even if competitive with the activities of the Company, shall not be deemed wrongful or
improper.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 28; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.2</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Confidential
Information</U>. Without limiting the applicability of any other agreement to which any Member may be subject, no Member or Officer or
Manager, directly or indirectly disclose or use at any time, either during his, her or its association or employment with the Company
or for a period of twenty four (24) months thereafter, any Confidential Information of which such Member, Officer or Manager is or becomes
aware. Each Member, Officer and Manager in possession of Confidential Information shall take all appropriate steps to safeguard such
information and to protect it against disclosure, misuse, espionage, loss and theft. Notwithstanding the above, a Member, Officer or
Manager may disclose Confidential Information to the extent (a)&nbsp;the disclosure is necessary for the Member, Officer or Manager and/or
the Company&rsquo;s agents, representatives, and advisors to fulfill their duties to the Company pursuant to this Agreement and/or other
written agreements, (b)&nbsp;the disclosure is required or requested by any federal, state, provincial or other regulatory authority
or examiner, or any insurance industry association, or is reasonably believed by such Member, Officer or Manager to be compelled by any
court decree, subpoena or legal or administrative order or process, (c)&nbsp;necessary to enforce rights hereunder, and (d)&nbsp;solely
in the case of the Original Holders, disclosure is of a general nature regarding general business and financial information, return on
investment and similar information and information provided to such Member by the Company pursuant to this Agreement (i)&nbsp;in connection
with their communications to their direct and indirect beneficial owners and controlling Persons, (ii)&nbsp;in connection with their
marketing efforts, and (iii)&nbsp;to any nationally recognized rating agency or investor of the foregoing Persons (and their successors
and assigns who become Members) that requires access to information about any such Person&rsquo;s investment portfolio in connection
with ratings issued or investment decisions with respect to such a Person. No Member, Officer or Manager shall be prohibited from disclosing
any Confidential Information to the extent such information (A)&nbsp;was or becomes generally available to such Member, Officer or Manager
and known by the public other than as a result of a disclosure by such Member, Officer or Manager or any of its representatives or agents
in violation of this Agreement, (B)&nbsp;was or becomes available to such Member, Officer or Manager on a non-confidential basis from
a source other than the Company or any of its representatives or agents, provided that such source was not known by such Member, Officer
or Manager, after reasonable inquiry, to be bound by any agreement with the Company or any of its Affiliates to keep such information
confidential, or otherwise prohibited from transmitting the information to such Member, Officer or Manager or any of its representatives
or agents by a contractual, legal or fiduciary obligation, or (C)&nbsp;was in such Member&rsquo;s, Officer&rsquo;s or the Manager&rsquo;s
possession prior to being furnished by or on behalf of the Company, provided the source of such information was not known by such Member,
Officer or Manager, after reasonable inquiry, to be bound by any agreement with the Company or any of its Affiliates to keep such information
confidential, or otherwise prohibited from transmitting the information to such Member, Officer or Manager or any of its representatives
or agents by a contractual, legal or fiduciary obligation.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.3</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Right
to Indemnification</U>. Subject to the limitations and conditions as provided in this <U>Article&nbsp;VI</U>, each Person who was or
is made a party or is threatened to be made a party to or is involved in any threatened, pending or completed action, suit or proceeding,
whether civil, criminal, administrative or arbitrative (a &ldquo;<U>Proceeding</U>&rdquo;), or any appeal in such a Proceeding or any
inquiry or investigation that could lead to such a Proceeding, by reason of the fact that such Person, or a Person of which such Person
is the legal representative, is or was a Member, a Manager or an Officer, the Tax Matters Representative or an officer or member of the
board of a Subsidiary, shall be indemnified by the Company to the fullest extent permitted by applicable law, as the same exists or may
hereafter be amended (but, in the case of any such amendment, only to the extent that such amendment permits the Company to provide broader
indemnification rights than said law permitted the Company to provide prior to such amendment) against judgments, penalties (including
excise and similar taxes and punitive damages), fines, settlements and reasonable expenses (including reasonable attorneys&rsquo; and
experts&rsquo; fees) actually incurred by such Person in connection with such Proceeding, appeal, inquiry or investigation (&ldquo;<U>Damages</U>&rdquo;),
unless such Damages shall have been the result of gross negligence, fraud or willful misconduct by such Person, in which case such indemnification
shall not cover such Damage to the extent resulting from such gross negligence, fraud or willful misconduct. Indemnification under this
<U>Article&nbsp;VI</U> shall continue as to a Person who has ceased to serve in the capacity which initially entitled such Person to
indemnity hereunder. The rights granted pursuant to this <U>Article&nbsp;VI</U> shall be deemed contract rights, and no amendment, modification
or repeal of this <U>Article&nbsp;VI</U> shall have the effect of limiting or denying any such rights with respect to actions taken or
Proceedings, appeals, inquiries or investigations arising prior to any amendment, modification or repeal.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 29; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.4</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Advance
Payment</U>. The right to indemnification conferred in this <U>Article&nbsp;VI</U> shall include the right to be paid or reimbursed by
the Company the reasonable expenses incurred by a Person (other than an Officer of the Company or any of its Subsidiaries thereof in
respect of claims by the Company or any of its Subsidiaries thereof against such Officer in such Officer&rsquo;s capacity as such) entitled
to be indemnified under <U>Section&nbsp;6.3</U> who was, is or is threatened to be made a named defendant or respondent in a Proceeding
in advance of the final disposition of the Proceeding and without any determination as to the Person&rsquo;s ultimate entitlement to
indemnification; <U>provided that</U> the payment of such expenses incurred by any such Person in advance of the final disposition of
a Proceeding shall be made only upon delivery to the Company of a written affirmation by such Person of his or her good faith belief
that he or she has met the standard of conduct necessary for indemnification under <U>Article&nbsp;VI</U> and a written undertaking,
by or on behalf of such Person, to repay all amounts so advanced if it shall ultimately be determined that such indemnified Person is
not entitled to be indemnified under this <U>Article&nbsp;VI</U> or otherwise.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.5</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Indemnification
of Employees and Agents</U>. The Company, at the direction of the Board, may indemnify and advance expenses to an employee or agent of
the Company to the same extent and subject to the same conditions under which it may indemnify and advance expenses under <U>Section&nbsp;6.3
</U>and <U>Section&nbsp;6.4</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.6</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Appearance
as a Witness</U>. Notwithstanding any other provision of this <U>Article&nbsp;VI</U>, the Company may pay or reimburse reasonable out
of pocket expenses incurred by an Officer, employee or agent in connection with his or her appearance as a witness or other participation
in a Proceeding at a time when he or she is not a named defendant or respondent in the Proceeding.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.7</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Nonexclusivity
of Rights</U>. The right to indemnification and the advancement and payment of expenses conferred in this <U>Article&nbsp;VI</U> shall
not be exclusive of any other right that a Member or Manager indemnified pursuant to this <U>Article&nbsp;VI</U> may have or hereafter
acquire under any law (common or statutory) or under any agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 30; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.8</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Insurance</U>.
The Company shall obtain and maintain at all times thereafter, at its expense, insurance (with coverage limits customary for similarly
situated companies) to protect itself and any Member, Manager, Officer or agent of the Company, and any member of the board (or governing
body), officer or agent of any Subsidiary of the Company, who is or was serving at the request of the Company or such Subsidiary as a
manager, representative, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another
foreign or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit
plan or other enterprise against any expense, liability or loss, whether or not the Company would have the power to indemnify such Person
against such expense, liability or loss under this <U>Article&nbsp;VI</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;6.9</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Savings
Clause</U>. If this <U>Article&nbsp;VI</U> or any portion hereof shall be invalidated on any ground by any court of competent jurisdiction,
then the Company shall nevertheless indemnify and hold harmless each Person indemnified pursuant to this <U>Article&nbsp;VI</U> as to
costs, charges and expenses (including reasonable attorneys&rsquo; fees), judgments, fines and amounts paid in settlement with respect
to any such Proceeding, appeal, inquiry or investigation to the full extent permitted by any applicable portion of this <U>Article&nbsp;VI
</U>that shall not have been invalidated and to the fullest extent permitted by applicable law.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;VII</B></FONT></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: center"><B><U>CAPITAL STRUCTURE</U></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.1</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Capital
Structure</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">The
Members&rsquo; interests in the Company shall be represented by Units, or such other equity securities in the Company as the Board may
establish in accordance with the terms hereof. As of the date hereof, the Units are comprised of two classes of Units: Class&nbsp;A Units
and Class&nbsp;B Units.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">The
Members and their respective holdings of Units as of the date hereof are set forth on <U>Schedule A</U> attached hereto. The Board may
from time to time, and only in accordance with the terms of this Agreement and to the extent required by the Exchange Agreement, authorize
the issuance of additional Class&nbsp;A Units, Class&nbsp;B Units and such preferred units with such rights, preferences, privileges
and restrictions as the Board shall designate as required by and in accordance with the terms of the Exchange Agreement; <U>provided</U>,
that as long as there are any Members other than PubCo, then no such new class or series of Units may dilute or reduce the Percentage
Interest of such Members relative to if such new class or series of Units had not been created, except to the extent (and solely to the
extent) the Company actually receives cash in an aggregate amount, or other property with a fair market value in an aggregate amount,
equal to the pro rata share allocated to such new class or series of Units and the number thereof issued by the Company. Subject to the
immediately preceding sentence, this Agreement shall be amended in order to document such new classes of preferred units and their rights,
preferences, privileges and restrictions, in each case, with no further action required by the Members.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 31; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Class&nbsp;B
Units shall be convertible only into Class&nbsp;A Units on a one-for-one basis as specified in <U>Sections 7.1(d)</U>&nbsp;and <U>7.2</U>.
All issuances of Class&nbsp;A Units and Class&nbsp;B Units shall be made in accordance with the terms and provisions of this Agreement
and the Exchange Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Each
Class&nbsp;B Unit surrendered to the Company pursuant to the Exchange Agreement shall, as of the consummation of the transactions contemplated
by the Exchange Agreement, be automatically converted into a Class&nbsp;A Unit, without any action on the part of any Person, including
the Board or the Company, and such Class&nbsp;B Units shall thereby cease to exist.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Except
as otherwise expressly provided in this Agreement, all Units shall have identical rights and privileges in every respect.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">The
issued and outstanding Units shall not be represented by certificates.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.2</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Effect
of Exchange</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Upon
the exchange by any Member of Class&nbsp;B Units for shares of Class&nbsp;A Common Stock pursuant to the Exchange Agreement, as of the
effective date of such exchange, each such Class&nbsp;B Unit automatically shall be converted into a Class&nbsp;A Unit, and the Class&nbsp;B
Units so exchanged shall thereby cease to exist, without any action on the part of any Person, including the Board or the Company.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Upon
the exchange by any Member of Class&nbsp;B Units for a cash payment pursuant to the Exchange Agreement, as of the effective date of such
exchange, each such exchanged Class&nbsp;B Unit automatically shall be deemed cancelled concomitant with such payment, without any action
on the part of any Person, including the Board or the Company.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">The
Company may only issue Class&nbsp;B Units to the Original Holders and their respective Permitted Transferees.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">The
Company may only issue Class&nbsp;A Units to PubCo.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Notwithstanding
anything to the contrary herein, (i)&nbsp;the Company shall, and the Board shall cause the Company to take all actions as are required
under, and otherwise comply with, the Exchange Agreement, and (ii)&nbsp;each Member shall comply with the Exchange Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Notwithstanding
anything to the contrary herein, the Company may, and the Board may cause the Company to, issue additional Units, at any time or from
time to time, to the Members or to other Persons, and to admit such Persons as Members, on such terms and conditions as shall be established
be the Board, all without the approval of any Member or any other Person, including (i)&nbsp;as required by the Exchange Agreement, (ii)&nbsp;in
connection with the payment of shares of Class&nbsp;A Common Stock to the Earnout Recipients (as defined in the Merger Agreement) pursuant
to Section&nbsp;2.9 of the Merger Agreement, (iii)&nbsp;in connection with the issuance, exercise or vesting of options or restricted
stock, as applicable, into shares of Class&nbsp;A Common Stock, (iv)&nbsp;in connection with the offering, sale, syndication, private
placement or public offering of Class&nbsp;A Common Stock. At any time shares of Class&nbsp;A Common Stock are issued or sold by PubCo,
the Company shall issue to PubCo a number of Class&nbsp;A Units equal to the number of shares of Class&nbsp;A Common Stock issued or
sold, and the proceeds received, if any, by PubCo shall be contributed to or used by the Company, and for no other purpose, or (v)&nbsp;in
connection with the exchange or conversion of any notes into equity of PubCo.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 32; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.3</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Capital
Accounts</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">There
shall be established for each Member on the books of the Company a Capital Account, which shall be increased or decreased in the manner
set forth in this Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">The
Capital Account of each Member shall be maintained in accordance with the following provisions:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(i)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">To
such Member&rsquo;s Capital Account with respect to the Company there shall be credited such Member&rsquo;s Capital Contributions, such
Member&rsquo;s distributive share of the Profits of the Company, and the amount of any liabilities of the Company that are assumed by
such Member or that are secured by any assets of the Company that are distributed to such Member;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(ii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">To
such Member&rsquo;s Capital Account with respect to the Company there shall be debited the amount of cash and the Gross Asset Value of
any other assets of the Company that are distributed to such Member pursuant to any provision of this Agreement, such Member&rsquo;s
distributive share of the Losses of the Company, and the amount of any liabilities of such Member that are assumed by the Company or
that are secured by any property contributed by such Member to the Company.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(iii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">In
determining the amount of any liability for purposes of this <U>Section&nbsp;7.3(b)</U>, there shall be taken into account Section&nbsp;752(c)&nbsp;of
the Code and any other applicable provisions of the Code and the Treasury Regulations.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;7.4</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Capital
Contributions of Members</U>. Except as set forth in the Exchange Agreement (including Section&nbsp;2.3 thereof), no Member shall be
required to make any capital contributions to the Company.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;VIII</B></FONT></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: center"><B><U>ALLOCATIONS AND DISTRIBUTIONS</U></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.1</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Allocations</U>.
Except as otherwise provided in this Agreement, Profits and Losses (and, to the extent necessary, individual items of income, gain, loss,
deduction or credit) of the Company shall be allocated among the Members in a manner such that the Capital Account of each such Member,
immediately after making such allocation, is, as nearly as possible, equal (proportionately) to (a)&nbsp;the distributions that would
be made to such Members pursuant to <U>Section&nbsp;8.4</U> if the Company were dissolved, its affairs wound up and its assets sold for
cash equal to their book values, all Company liabilities were satisfied (limited with respect to each nonrecourse liability to such book
value of the assets securing such liability), and the net assets of the Company were distributed in accordance with <U>Section&nbsp;8.4(b)</U>&nbsp;to
such Members immediately after making such allocation, <U>minus</U> (b)&nbsp;such Member&rsquo;s share of Partnership Minimum Gain and
Member&rsquo;s nonrecourse debt minimum gain (as determined pursuant to Treasury Regulations Section&nbsp;1.704-2(b)(4)), computed immediately
prior to the hypothetical sale of assets.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 33; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.2</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Interim
Allocations Due to Members&rsquo; Membership Interest Adjustment</U>. In the event of a change in a Member&rsquo;s Membership Interest
during any year or a Transfer of a Unit, the Company&rsquo;s Profits and Losses shall be allocated among the Members for the periods
before and after the change or Transfer based on an interim closing of the books or any lawful equitable alternative method as determined
by the Board. This <U>Section&nbsp;8.2</U> shall apply both for purposes of computing Capital Accounts for federal income tax purposes.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.3</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Certain
Tax Matters</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Except
as otherwise provided herein, all items of Company income, gain, deduction and loss shall be allocated among the Members in the same
proportion as they share in the Profits and Losses to which such items relate.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Income,
gain, loss or deductions of the Company shall, solely for income tax purposes, be allocated among the Members in accordance with Section&nbsp;704(c)&nbsp;of
the Code and the Treasury Regulations promulgated thereunder, so as to take account of any difference between the adjusted basis of the
assets of the Company and their respective Gross Asset Values by using the &ldquo;traditional method&rdquo; set forth in Treasury Regulations
Section&nbsp;1.704-3(b).</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Notwithstanding
any other provision of this <U>Article&nbsp;VIII</U>, if there is a net decrease in Partnership Minimum Gain of the Company during any
year, each Member shall be specially allocated items of income and gain for such year (and, if necessary, subsequent years) in an amount
equal to the portion of such Member&rsquo;s share of the net decrease in Partnership Minimum Gain of the Company, determined in accordance
with Section&nbsp;1.704-2(g)&nbsp;of the Treasury Regulations. Allocations pursuant to the previous sentence shall be made in proportion
to the respective amounts required to be allocated to each Member pursuant thereto. The items to be so allocated shall be determined
in accordance with Section&nbsp;1.704-2(f)(6)&nbsp;of the Treasury Regulations. This <U>Section&nbsp;8.3(c)</U>&nbsp;is intended to comply
with the minimum gain chargeback requirement in Section&nbsp;1.704-2(f)&nbsp;of the Treasury Regulations and shall be interpreted consistently
therewith.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Notwithstanding
any other provisions of this <U>Article&nbsp;VIII</U> except <U>Section&nbsp;8.3(c)</U>, if there is a net decrease in Partnership Minimum
Gain of the Company attributable to a Partner Nonrecourse Debt during any year, each Member who has a share of the Partnership Minimum
Gain attributable to such Partner Nonrecourse Debt, determined in accordance with Section&nbsp;1.704-2(i)(5)&nbsp;of the Treasury Regulations,
shall be specially allocated items of income and gain for such year (and, if necessary, subsequent years) in an amount equal to the portion
of such Member&rsquo;s share of the net decrease in Partnership Minimum Gain attributable to such Partner Nonrecourse Debt, determined
in accordance with Section&nbsp;1.704-2(i)(4)&nbsp;of the Treasury Regulations. Allocations pursuant to the previous sentence shall be
made in proportion to the respective amounts required to be allocated to each Member pursuant thereto. The items to be so allocated shall
be determined in accordance with Section&nbsp;1.704-2(i)(4)&nbsp;of the Treasury Regulations. This <U>Section&nbsp;8.3(d)</U>&nbsp;is
intended to comply with the minimum gain chargeback requirement in Section&nbsp;1.704-2(i)&nbsp;of the Treasury Regulations and shall
be interpreted consistently therewith.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 34; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Nonrecourse
Deductions of the Company for any year shall be allocated to the Members in accordance with their respective Percentage Interests.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Any
Partner Nonrecourse Deductions for any year shall be specially allocated to the Member who bears the economic risk of loss with respect
to the Partner Nonrecourse Debt of the Company to which such Partner Nonrecourse Deductions of such series are attributable in accordance
with Section&nbsp;1.704-2(i)(1)&nbsp;of the Treasury Regulations. This <U>Section&nbsp;8.3(f)</U>&nbsp;is intended to comply with the
provisions of Treasury Regulations Section&nbsp;1.704-2(i)&nbsp;and shall be interpreted consistently therewith.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Notwithstanding
any other provision of this <U>Article&nbsp;VIII</U>, no Member shall be allocated in any Fiscal Year of the Company any Loss (and no
Unit shall be allocated in any Fiscal Year of the Company any Loss) to the extent such allocation would cause or increase a deficit balance
in such Member&rsquo;s Capital Account, taking into account all other allocations to be made for such year pursuant to this <U>Article&nbsp;VIII
</U>and the reasonably expected adjustments, allocations and distributions described in Section&nbsp;1.704-1(b)(2)(ii)(d)&nbsp;of the
Treasury Regulations. Any such Loss that would be allocated to such a Member (the &ldquo;<U>Deficit Member</U>&rdquo;), or a Unit (the
 &ldquo;<U>Deficit Unit</U>&rdquo;), shall instead be allocated to the other Members or Units. Moreover, if a Deficit Member unexpectedly
receives an adjustment, allocation or distribution described in Section&nbsp;1.704-1(b)(2)(ii)(d)&nbsp;of the Treasury Regulations which
creates or increases a deficit balance in such Member&rsquo;s Capital Account (computed after all other allocations to be made for such
year pursuant to this <U>Article&nbsp;VIII</U> have been tentatively made as if this <U>Section&nbsp;8.3(g)</U>&nbsp;were not in this
Agreement), such Deficit Member shall be allocated items of gross income in an amount equal to such deficit balance (which shall be allocated
among the Members associated with Units as determined by the Board). This <U>Section&nbsp;8.3(g)</U>&nbsp;is intended to comply with
the qualified income offset requirement of Section&nbsp;1.704-1(b)(2)(ii)(d)&nbsp;of the Treasury Regulations and shall be interpreted
consistently therewith.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">The
allocations set forth in <U>Sections&nbsp;8.3(c)</U>&nbsp;through <U>8.3(g)</U>&nbsp;(the &ldquo;<U>Regulatory Allocations</U>&rdquo;)
are intended to comply with Section&nbsp;704(b)&nbsp;of the Code and the Treasury Regulations thereunder and shall be taken into account
in allocating items of income, gain, loss and deduction among the Members so that, to the extent possible, the net amount of such allocations
of other items and the Regulatory Allocations to each Member shall be equal to the net amount that would have been allocated to each
such Member if the Regulatory Allocations had not occurred.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.4</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Distributions</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">On
each Tax Distribution Date with respect to a calendar quarter for a Fiscal Year, to the extent permitted by the financing agreements
of the Company and its Subsidiaries, the Company shall, to the extent of Distributable Cash, make a distribution in cash (each, a &ldquo;<U>Tax
Distribution</U>&rdquo;), to the Members in proportion to their respective Percentage Interests in an aggregate amount equal to the excess
of (i)&nbsp;the Hypothetical Total Tax Liability with respect to such calendar quarter over (ii)&nbsp;the aggregate amount of distributions
made by the Company with respect to such Fiscal Year (treating any Tax Distribution made with respect to income for such Fiscal Year,
regardless of when made, and any distribution other than a Tax Distribution made during such Fiscal Year, as being made with respect
to such Fiscal Year). If, at any time after the end of a Fiscal Year, the Company has a True-Up Amount, then to the extent permitted
by the financing agreements of the Company and its Subsidiaries, the Company shall, to the extent of Distributable Cash, make a Tax Distribution
to the Members in proportion to their respective Percentage Interests in an aggregate amount equal to the True-Up Amount. In the event
that there is insufficient Distributable Cash to make the distribution described in the preceding provisions of this <U>Section&nbsp;8.4(a)</U>,
the amount distributable to each such Member holding Class&nbsp;A Units and/or Class&nbsp;B Units shall be reduced pro rata in accordance
with the amount that would be distributable to such Member, and such deficiency shall be paid to such Members when there is next Distributable
Cash, and in any event, prior to any distribution pursuant to <U>Section&nbsp;8.4(b)</U>. If the aggregate amount of Tax Distributions
made in respect of such Fiscal Year exceeds the amount of the Hypothetical Total Tax Liability with respect to such Fiscal Year (based
on the information returns filed by the Company), then Tax Distributions for subsequent Fiscal Years shall be reduced by the amount of
such excess.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 35; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Other
than as provided for in <U>Section&nbsp;8.4(a)</U>&nbsp;and <U>Article&nbsp;IX</U>, the Company shall make distributions of Distributable
Cash to the Members at such times and in such amounts as the Board may determine from time to time. All amounts so determined by the
Board to be available for distribution by the Company shall be distributed to the Members in proportion to their respective Percentage
Interests.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">All
distributions made pursuant to <U>Section&nbsp;8.4</U> shall be at such times and in such aggregate amounts as shall be determined by
the Board, in its sole discretion.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">If
the Company or any of its Subsidiaries enters into (or otherwise becomes bound by) any financing arrangement or agreement after the date
hereof, the Company shall (and shall cause its Subsidiaries to) use commercially reasonable efforts to ensure that such financing arrangement
or agreement permits, at any time in which the Company or such Subsidiary is not in default thereunder: (i)&nbsp;in the case of the Company,
Tax Distributions to be made in full when due pursuant to <U>Section&nbsp;8.4(a)</U>&nbsp;(without regard to the limitation regarding
financing agreements), and (ii)&nbsp;in the case of any such Subsidiary, payments to be made directly or indirectly to the Company to
enable the Company to make Tax Distributions in full when due pursuant to <U>Section&nbsp;8.4(a)</U>&nbsp;(without regard to the limitation
regarding financing agreements); <U>provided</U>, <U>however</U>, that any such financing arrangement or agreement entered into after
the date hereof that is no more restrictive with respect to Tax Distributions than any financing arrangement or agreement existing on
the date hereof will be deemed to satisfy the requirements under this <U>Section&nbsp;8.4(d)</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.5</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Distributions
in Kind</U>. Distributions made pursuant to this Agreement may be made in cash or in property or assets in kind at the discretion of
the Board; <U>provided</U>, <U>however</U>, that subject to <U>Section&nbsp;8.4</U> any distribution in kind shall be made to all Members
proportionately in accordance with <U>Section&nbsp;8.4(b)</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 36; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.6</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Distribution
Rules&nbsp;and Tax Withholding</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Each
Member shall deliver to the Company any form or other documentation reasonably requested by the Company that is required to demonstrate
that the applicable Member is not subject to withholding tax under the provisions of any applicable Federal, state, local, foreign or
other law. If requested by a relevant taxing authority in connection with an audit, inquiry or other proceeding conducted by such taxing
authority, each Member shall if requested by the Company deliver a copy of any tax return or similar document of the applicable Member
that the Company may reasonably request with respect to any such law.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">To
the extent that the Company is required by any applicable law to withhold or to make tax payments on behalf of or with respect to distributions
to, issuance of Units to, allocations to, transfers by, or otherwise for, any Member in such Person&rsquo;s capacity as a Member of the
Company (each a &ldquo;<U>Tax Liability</U>&rdquo;), the Company may make such payment out of available cash of the Company, which shall
reduce any distribution otherwise payable to such Member; <U>provided</U>, that at least ten (10)&nbsp;days, if commercially possible,
prior to making a distribution on behalf of or with respect to a Member, the Company shall first notify such affected Member and advise
such Member as to whether the Company has sufficient cash to pay such Tax Liability and, if it does not, the amount of any deficiency.
If the Company does not have sufficient Distributable Cash to pay such Tax Liability, such Member shall pay to the Company an amount
equal to such deficiency (a &ldquo;<U>Tax Excess</U>&rdquo;) three (3)&nbsp;days prior to the date that the Company is required to pay
the associated Tax Liability. If not paid in accordance with the preceding sentence, such Tax Excess shall be deemed to be a recourse
loan to such Member by the Company and shall be due and payable immediately, and if not repaid within two (2)&nbsp;days, the Tax Excess
shall bear interest at a rate equal to the lesser of (i)&nbsp;fifteen percent (15%) per annum, or (ii)&nbsp;the maximum rate permitted
by law until repaid. Notwithstanding anything to the contrary contained herein or in any other agreement between or among Members, each
Member hereby agrees to indemnify, defend, and hold harmless the Company and its Affiliates from and against any Tax Liability of or
with respect to such Member, at any time, and this indemnity and hold harmless provision shall survive this Agreement and the termination
of the Company. In the event of any claimed over-withholding, such Member shall be limited to an action against the applicable government
agencies for refund and hereby waives any claim or right of action against the Company on account of such withholding. The Company may,
and is hereby authorized to, withhold from any distributions or payments otherwise due to a Member from the Company under this Agreement
the amount of any Tax Excess made on behalf of such Member that as of such date has neither been repaid to the Company nor been previously
offset hereunder, and any amount withheld under this <U>Section&nbsp;8.6</U> shall be deemed for all purposes of this Agreement to have
been distributed or paid to such Member. Any Member who does not repay a Tax Excess after a written final demand has been given by the
Board shall pay, in addition to the Tax Excess and applicable interest, all expenses, including reasonable attorney&rsquo;s fees, incurred
by the Company or any other Member in collecting the Tax Excess plus interest or pursuing any other remedy provided in this <U>Section&nbsp;8.6
</U>and otherwise in this Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.7</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Restrictions
on Distributions</U>. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not make a distribution
to any Member with respect to such Member&rsquo;s Units if such distribution would violate the Act or other applicable law. In addition,
except as specifically determined by the Board, the Company shall not make a distribution to any Member if such distribution would be
prohibited by the terms of, or would cause any obligation of the Company or any of its Subsidiaries to become due prior to the final
maturity date of, or would cause the net worth or assets of the Company or any of its Subsidiaries to be less than the minimum amount
(or less in relation to another amount than the minimum ratio of such amounts) required to be maintained by the Company or any of its
Subsidiaries under, or otherwise would conflict with, any agreement or other instrument to which the Company or any of its Subsidiaries
is a party or by which any of them is bound which relates to borrowed money.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 37; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.8</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Accounting
Method</U>. The Company shall keep its accounting records and shall report Profit or Losses on the accrual method of accounting in accordance
with the principles used by the Company for federal income tax purposes and otherwise in accordance with GAAP consistently applied and,
to the extent inconsistent therewith, in accordance with this Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.9</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Interest
on and Return of Capital Contributions</U>. No Member shall be entitled to interest on any of its Capital Contributions or to return
of any of its Capital Contributions.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.10</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Taxes</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">The
Company shall prepare, or cause to be prepared, and shall file all tax returns, be they information returns or otherwise, which are required
to be filed by the Company with the Internal Revenue Service, state and local tax authorities and foreign tax jurisdictions, if any.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">The
Company shall furnish the Members with all Company information required to be reported in the tax returns of the Members for tax jurisdictions
in which the Company is considered to be doing business, including a report indicating each Member&rsquo;s share for income tax purposes
of the Company&rsquo;s estimated income, gain, credits, losses and deductions within 30 days after each of the first three quarters of
each Fiscal Year and within 60 days after the end of the Company&rsquo;s Fiscal Year. The Company shall furnish the Members with a copy
of Schedule K-1 to IRS Form&nbsp;1065 (or any successor form) by no later than 74 days after the end of each year.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">All
determinations as to tax elections for the Company shall be made by the Board. Notwithstanding the foregoing sentence, an election under
Section&nbsp;754 of the Code shall be made with respect to each taxable year of the Company ending after the date hereof.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.11</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Tax
Matters Representative</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">The
 &ldquo;partnership representative&rdquo; (as such term is defined in Section&nbsp;6223 of the BBA Audit Rules&nbsp;or corresponding or
similar provision of applicable state or local law) of the Company (the &ldquo;<U>Tax Matters Representative</U>&rdquo;) shall be PubCo
or any successor designated by such Person. The Tax Matters Representative shall be permitted to appoint any &ldquo;designated individual&rdquo;
(or similar person) (a &ldquo;<U>Designated Individual</U>&rdquo;) permitted under Treasury Regulations Section&nbsp;301.6223-1 (or any
successor regulations or corresponding or similar provision of applicable state or local law). If the Tax Matters Representative appoints
a Designated Individual pursuant to Code Section&nbsp;6223 and Treasury Regulations thereunder (or corresponding or similar provision
of applicable state or local law), such Designated Individual shall be subject to this Agreement in the same manner as the Tax Matters
Representative (and references to the Tax Matters Representative shall include any such Designated Individual unless the context otherwise
requires or shall mean solely the Designated Individual as needed to comply with applicable law). Each Member, by its execution of this
Agreement, hereby (i)&nbsp;consents to such designation of the Tax Matters Representative, and agrees to execute, certify, acknowledge,
deliver, swear to, file and record at the appropriate public offices such documents as may be necessary or appropriate to evidence such
consent, (ii)&nbsp;agrees take such actions as may be required to effect any future designations of the Tax Matters Representative, and
(iii)&nbsp;agrees to cooperate to provide any information or take such other actions as may be reasonably requested by the Tax Matters
Representative, to determine whether any Imputed Underpayment Amount may be modified pursuant to Code Section&nbsp;6225(c)&nbsp;(or any
corresponding or similar provision of applicable state or local law). To the extent and in the manner provided by applicable Code Sections
and Treasury Regulations thereunder (or any corresponding or similar provision of applicable state or local law), the Tax Matters Representative
(i)&nbsp;shall furnish the name, address and taxpayer identification number of each Member to the IRS and (ii)&nbsp;shall inform each
Member of administrative or judicial proceedings for the adjustment of Company items required to be taken into account by a Member for
income tax purposes. The Tax Matters Representative shall act reasonably at all times and keep the other Members reasonably informed
about its actions. The Tax Matters Representative shall be entitled to be reimbursed for all reasonable out-of-pocket expenses properly
incurred in the capacity as the Tax Matters Representative.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 38; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Each
Member shall be considered to have retained such rights (and obligations, if any) as are provided for under the Code or any other applicable
law with respect to any examination, proposed adjustment or proceeding relating to Company tax items. The Tax Matters Representative
agrees that it will not bind the Members to any material income tax settlement or income tax settlement that disproportionately impacts
the Class&nbsp;B Members without the prior written approval of the affected Majority Class&nbsp;B Members, which approval shall not be
unreasonably withheld, delayed or conditioned. The Tax Matters Representative shall use reasonable best efforts to notify the Members,
within thirty (30) days after the Tax Matters Representative receives notice from the IRS, of any administrative proceeding with respect
to an examination of, or proposed adjustment to, any Company tax items, and shall promptly provide the Members with copies of relevant
written materials. The Tax Matters Representative shall use reasonable best efforts to provide the Members with notice of its intention
to extend the statute of limitations or file a tax claim in any court at least ten (10)&nbsp;days before taking such action and shall
not take such action without the prior written approval of the Majority Class&nbsp;B Members, which approval shall not be unreasonably
withheld, delayed or conditioned.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Neither
the Board nor the Tax Matters Representative shall elect to cause the Company to be subject to the BBA Audit Rules&nbsp;with respect
to any taxable year beginning before January&nbsp;1, 2018. The Tax Matters Representative shall use reasonable best efforts to make the
election described in Section&nbsp;6226 of the BBA Audit Rules&nbsp;(or any corresponding or similar provision of applicable state or
local law) with respect to each final partnership adjustment for a taxable period ending on or prior to the date hereof. If the Company
is subject to any Imputed Underpayment Amount under the BBA Audit Rules, the Board shall use reasonable efforts to allocate such liabilities
among the Members and former Members in a fair and equitable manner, taking into account any modifications attributable to such a Member
pursuant to Section&nbsp;6225(c)&nbsp;of the BBA Audit Rules&nbsp;(if applicable). Any tax liabilities so allocated shall be treated
as a Tax Liability subject to the provisions of <U>Section&nbsp;8.6</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 39; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.12</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Accounting
Decisions; Auditors</U>. All determinations as to the accounting principles of the Company shall be made by the Board.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.13</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Tax
Classification</U>. It is the intention of the parties hereto that the Company be classified as a partnership, and not as an association
taxable as a corporation, for federal income tax purposes, and the provisions of this Agreement shall be interpreted in a manner consistent
with such intention. No election shall be filed with the Internal Revenue Service (or the tax authorities of any State) to have the Company
taxable other than as a partnership for income tax purposes without the prior consent of the Board.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.14</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Accounting
Method</U>. The Company shall keep its accounting records and shall report Profit or Losses on the accrual method of accounting in accordance
with the principles used by the Company and the Company for federal income tax purposes and otherwise in accordance with GAAP consistently
applied and, to the extent inconsistent therewith, in accordance with this Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;8.15</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Accounting
Records</U>. The Company and each Subsidiary of the Company shall: (a)&nbsp;keep complete and accurate business and accounting records
reflecting all transactions of the Company and each Subsidiary of the Company; (b)&nbsp;manage its books and ledgers in a proper and
timely manner; (c)&nbsp;maintain proper internal accounting controls sufficient to enable the timely identification or ascertainment
of, amongst other things, payments receivables and that the dispositions by it of its assets have, in each case, been performed in an
authorized manner; and (d)&nbsp;prevent unauthorized persons from having access to its books and records. Such accounting records shall
be kept in accordance with the principles set forth in <U>Section&nbsp;8.14</U> and shall be audited annually. The Company shall also
keep all records required to be kept pursuant to the Act.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;IX</B></FONT></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: center"><B><U>ASSIGNMENT; ADMISSION AND WITHDRAWAL OF
PARTNERS</U></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.1</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Assignment
of Units</U>. Except as otherwise expressly permitted in this <U>Article&nbsp;IX</U>, (a)&nbsp;no Member shall Transfer all or any portion
of its Membership Interests, Units or rights to income or other attributes with respect to its Units, and (b)&nbsp;no Owner of any Member
shall Transfer any equity security of such Entity, it being understood that any such Transfer not in accordance with this <U>Section&nbsp;9.1
</U>or the remainder of this <U>Article&nbsp;IX</U> will be deemed to constitute a Transfer by such Member in violation of this Agreement
and shall be void <I>ab initio</I>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.2</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Transfers
by Members</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Without
the prior written consent of the Board, no Member may Transfer any Units (or any Economic Interest therein), except as provided in this
<U>Section&nbsp;9.2</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">The
Original Holders, their Permitted Transferees and their respective Owners (if applicable) may Transfer any Class&nbsp;B Units held by
each them so long as such Transfer is (i)&nbsp;made to an Affiliate or a Person in the Family Group of such Member, Permitted Transferee
or PubCo, as applicable, in compliance with <U>Section&nbsp;9.2(e)</U>&nbsp;and <U>Section&nbsp;9.2(f)</U>, or (ii)&nbsp;made pursuant
to the Exchange Agreement (each Transferee of a Transfer pursuant to clause (i)&nbsp;and clause (ii)&nbsp;being referred to herein as
a &ldquo;<U>Permitted Transferee</U>&rdquo;).</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 40; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">PubCo
is the only permitted holder of Class&nbsp;A Units.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Any
Member who Transfers any Units in accordance with this <U>Section&nbsp;9.2</U> shall cease to be a Member with respect to such Transferred
Units and shall no longer have any rights or privileges of a Member with respect to such Transferred Units.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Except
with respect to Transfers of Units pursuant to the Exchange Agreement, any Person who acquires any Units in accordance with this <U>Section&nbsp;9.2
</U>that is not an existing Member shall agree in writing to assume the responsibility of the transferring Member. In the event that
such Person fails to do so entirely or fails to do so in a timely manner, such Person shall be deemed by its acceptance of the benefits
of the acquisition of such Units to have agreed to be subject to, and bound by, all of the terms and conditions of this Agreement to
which the predecessor in such Units was subject, and by which such predecessor was bound, and for all purposes shall be deemed to be
a Member.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Except
with respect to Transfers of Units pursuant to the Exchange Agreement, no Transfer of Units shall be given effect unless the transferee
delivers to the Company the representations set forth in <U>Schedule B</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Notwithstanding
any provision of this Agreement to the contrary, no Transfer of Units may be made except in compliance with all federal, state and other
applicable laws, including federal and state securities laws.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Notwithstanding
any provision of this Agreement to the contrary, (i)&nbsp;no Transfer of Units may be made to a lender to the Company or any Person who
is related (within the meaning of Treasury Regulations Section&nbsp;1.752-4(b)) to any lender to the Company whose loan otherwise constitutes
a Nonrecourse Liability unless (A)&nbsp;the Board is provided prior written notice thereof and (B)&nbsp;the lender enters into an arrangement
with the Company to exchange or redeem for Class&nbsp;A Common Stock any Units in which a security interest is held simultaneously with
the time at which such lender would be deemed to be a member in the Company for purposes of allocating liabilities to such lender under
Section&nbsp;752 of the Code, and (ii)&nbsp;no Member may Transfer any of such Units (including any Economic Interest therein) if the
Board reasonably and in good faith promptly determines that such Transfer or attempted Transfer (A)&nbsp;would create a material risk
that the Transfer would be considered to be effected on or through an &ldquo;established securities market&rdquo; or a &ldquo;secondary
market or the substantial equivalent thereof,&rdquo; as such terms are used in Treasury Regulations Section&nbsp;1.7704-1, (B)&nbsp;would
create a material risk that the Company would have more than one hundred (100) partners, within the meaning of Treasury Regulations Section&nbsp;1.7704-1(h)(1)(ii)&nbsp;(determined
taking into account the rules&nbsp;of Treasury Regulations Section&nbsp;1.7704-1(h)(3)), and (C)&nbsp;would have a material risk that
the Company would be treated as a &ldquo;publicly traded partnership&rdquo; within the meaning of Section&nbsp;7704(b)&nbsp;of the Code
and the Treasury Regulations promulgated thereunder.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 41; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Notwithstanding
any provision of this Agreement to the contrary, no Member may Transfer any Units unless (x)&nbsp;contemporaneously with the Transfer,
the Transferor shall deliver to the Company a validly executed IRS Form&nbsp;W-9 (unless such form had previously been provided to the
Company and remains in effect), or (y)&nbsp;contemporaneously with the Transfer, the Transferee shall properly withhold and remit to
the Internal Revenue Service the amount of tax required to be withheld upon the Transfer by Section&nbsp;1446(f)&nbsp;of the Code (and
provide evidence to the Company of such withholding and remittance promptly thereafter); provided that the Company shall timely provide
whatever information is reasonably requested by the Transferor or Transferee to calculate the tax to be withheld.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(j)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Any
attempted Transfer of Units by any Member not in accordance with this <U>Section&nbsp;9.2</U> shall be ineffective, null and void <I>ab
initio</I>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.3</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Effect
of Permitted Transfer</U>. Upon consummation of any Transfer of Units made in accordance with the provisions of this Agreement, (a)&nbsp;the
Transferee shall be admitted as a Member (if not already a Member) and for purposes of this Agreement, such Transferee shall be deemed
a Member with respect to such Transferred Units, (b)&nbsp;the Transferred Units shall continue to be subject to all the provisions of
this Agreement and (c)&nbsp;the Capital Account (or applicable portion thereof in the case of a Transfer of less than all of a Transferor&rsquo;s
Units) of the Transferor shall be Transferred to the name of such Transferee at the close of business on the effective date of such Transfer
(the &ldquo;<U>Effective Transfer Time</U>&rdquo;). Unless the Transferor and Transferee otherwise agree in writing, and give written
notice of such agreement to the Company at least five (5)&nbsp;days prior to such Effective Transfer Time, all distributions declared
to be payable to the Transferor at or prior to such Effective Transfer Time shall be made to the Transferor. No Transfer shall relieve
the Transferor (or any of its Affiliates) of any of their obligations or liabilities under this Agreement arising prior to the closing
of the consummation of such Transfer.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.4</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Recognition
of Assignment by Company</U>. No Transfer, or any part thereof, that is in violation of <U>Article&nbsp;IX</U> shall be valid or effective,
and neither the Company nor the Board shall recognize the same for the purpose of making distributions in accordance with this Agreement.
To the fullest extent permitted by law, neither the Company nor the Board shall incur any liability as a result of refusing to make any
such distributions to the transferee of any such invalid Transfer.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.5</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Death,&nbsp;Incompetency,
Bankruptcy or Dissolution of a Member</U>. The death, incompetency, Bankruptcy, dissolution or other cessation to exist as a legal entity
of a Member shall not, in and of itself, dissolve the Company. In any such event, the personal representative (as defined in the Act)
of such Member may exercise all of the rights of such Member for the purpose of settling such Member&rsquo;s estate or administering
its property, subject to the terms and conditions of this Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.6</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Withdrawal
from the Company</U>. Except as provided in this Agreement, no Member may withdraw as a member of the Company.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 42; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;9.7</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Drag-Along
Rights</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">If
at any time PubCo desires to Transfer in one or more transactions all or any portion of its Units (or any beneficial interest therein)
in an arm&rsquo;s-length transaction to a bona fide third party that is not an Affiliate of PubCo (an &ldquo;<U>Applicable Sale</U>&rdquo;),
PubCo can require each other Member to sell the same pro rata share of its Units as is being sold by PubCo (based upon the total number
of Units held by PubCo at such time) on the same terms and conditions (&ldquo;<U>Drag-Along Right</U>&rdquo;). PubCo may in its sole
discretion elect to cause the Board and/or the Company to structure the Applicable Sale as a merger or consolidation or as a sale of
the Company&rsquo;s assets. If such Applicable Sale is structured (i)&nbsp;as a merger or consolidation, then no Member shall have any
dissenters&rsquo; rights, appraisal rights or similar rights in connection with such merger or consolidation or (ii)&nbsp;as a sale of
assets, then no Member may object to any subsequent liquidation or other distribution of the proceeds therefrom. Each Member agrees to
consent to, and raise no objections against, an Applicable Sale. In the event of the exercise by PubCo of its Drag-Along Right pursuant
to this <U>Section&nbsp;9.7</U>, each Member shall take all reasonably necessary and desirable actions approved by PubCo in connection
with the consummation of the Applicable Sale, including the execution of such agreements and such instruments and other actions reasonably
necessary to provide customary and reasonable representations, warranties, indemnities, covenants, conditions and other agreements relating
to such Applicable Sale and to otherwise effect the transaction; <U>provided</U>, <U>however</U>, that (A)&nbsp;such Members shall not
be required to give disproportionately greater or more onerous representations, warranties, indemnities or covenants than PubCo, (B)&nbsp;such
Members shall not be obligated to bear any share of the out-of-pocket expenses, costs or fees (including attorneys&rsquo; fees) incurred
by the Company in connection with such Applicable Sale unless and to the extent that such expenses, costs and fees were incurred for
the benefit of the Company or all Members, (C)&nbsp;such Members shall not be obligated or otherwise responsible for more than their
proportionate share of any indemnities or other liabilities incurred by the Company and the Members as sellers in respect of such Applicable
Sale, and (D)&nbsp;any indemnities or other liabilities approved by PubCo or the Board shall be limited, in respect of each Member, to
such Member&rsquo;s share of the proceeds from the Applicable Sale.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">At
least five (5)&nbsp;Business Days before consummation of an Applicable Sale, PubCo shall (i)&nbsp;provide the Members written notice
(the &ldquo;<U>Applicable Sale Notice</U>&rdquo;) of such Applicable Sale, which notice shall contain (A)&nbsp;the name and address of
the third party purchaser, (B)&nbsp;the proposed purchase price, terms of payment and other material terms and conditions of such purchaser&rsquo;s
offer, together with a copy of any binding agreement with respect to such Applicable Sale and (C)&nbsp;notification of whether or not
PubCo has elected to exercise its Drag-Along Right and (ii)&nbsp;promptly notify the Members of all proposed changes to such material
terms and keep the Members reasonably informed as to all material terms relating to such sale or contribution, and promptly deliver to
the Members copies of all final material agreements relating thereto not already provided in according with this <U>Section&nbsp;9.7(b)</U>&nbsp;or
otherwise. PubCo shall provide the Members written notice of the termination of an Applicable Sale within five (5)&nbsp;Business Days
following such termination, which notice shall state that the Applicable Sale Notice served with respect to such Applicable Sale is rescinded.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 43; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;X</B></FONT></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: center"><B><U>DISSOLUTION AND TERMINATION OF THE COMPANY</U></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;10.1</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Dissolution
of the Company</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">For
so long as the Exchange Agreement is in effect, the Company shall not be dissolved. Following such time, the Company shall be dissolved
upon any of the following events:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(i)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">the
written consent of the Board and, so long as any Class&nbsp;B Units are outstanding, the Majority Class&nbsp;B Members;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(ii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">at
any time there are no members of the Company unless the Company is continued without dissolution in accordance with the Act; or</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(iii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">the
entry of a decree of judicial dissolution of the Company under the Act; <U>provided</U>, <U>however</U>, that no Member or its Affiliates
or agents shall apply for entry of a decree of judicial dissolution of the Company under the Act at any time that the Exchange Agreement
is in effect.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Upon
the dissolution of the Company as provided herein, the Company shall be wound up in the manner provided by <U>Section&nbsp;10.2</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;10.2</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Winding
Up, Liquidation and Distribution of Assets of the Company Upon Dissolution of the Company</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Upon
dissolution of the Company, the Board shall commence to wind up the Company&rsquo;s affairs; <U>provided</U>, <U>however</U>, that a
reasonable time shall be allowed for the orderly liquidation of the assets of the Company and the discharge of liabilities of the Company
to its creditors so as to enable the Members to minimize the normal losses attendant upon a liquidation. The Members shall continue to
share in the allocation of the Profits and Losses of the Company during the liquidation of the Company in the same proportions as specified
in <U>Section&nbsp;8.1</U> as before liquidation of the Company. The Members shall be furnished with a statement prepared by a certified
public accountant selected by the Board at the expense of the Company, that shall set forth the assets and liabilities of the Company
as of the date of termination. The proceeds of liquidation shall be distributed in the following order and priority:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(i)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>first</U>,
to creditors of the Company, including Members who are creditors, to the extent otherwise permitted by law, in satisfaction of (A)&nbsp;all
debts and liabilities of the Company, whether by payment thereof or the making of reasonable provision of payment thereof (including,
to the extent permitted by law, any loans or advances that may have been made by any of the members to the Company) and (B)&nbsp;the
expenses of liquidation not otherwise adequately provided for, whether by payment thereof or the making of reasonable provision of payment
thereof, which liabilities set forth in (A)&nbsp;and (B)&nbsp;may be satisfied by the setting up of any reserves that are determined
by the Board to be reasonably necessary for any contingent, conditional or unmatured liabilities or obligations of the Company arising
out of, or in connection with, the Company; and</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 44; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(ii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>second</U>,
to the Members in accordance with <U>Section&nbsp;8.4</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">[Reserved.]</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">The
Members shall comply with all requirements of applicable law pertaining to the winding up of the affairs of the Company and the final
distribution of its assets.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;10.3</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Certificate
of Cancellation</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">If
a dissolution of the Company occurs and all debts, liabilities and obligations of the Company have been satisfied (whether by payment
or reasonable provision for payment) and all of the remaining property and assets of the Company have been distributed, a certificate
of cancellation shall be executed and filed with the Secretary of State of the State of Delaware in accordance with the Act.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Upon
cancellation of the Certificate by the filing of a certificate of cancellation or otherwise, this Agreement shall terminate, and the
existence of the Company shall cease.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;10.4</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Returns
of Contributions Nonrecourse to Members</U>. Except as otherwise provided by applicable law, upon dissolution of the Company, each Member
shall look solely to the assets of the Company for the return of its Capital Contributions made to the Company, and if the assets of
the Company remaining after satisfaction (whether by payment or reasonable provision for payment) of the debts, liabilities and obligations
of the Company are insufficient to return such Capital Contributions, such Members shall have no recourse against the Company or any
Member, except as otherwise provided by law.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;XI</B></FONT></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: center"><B><U>MISCELLANEOUS PROVISIONS</U></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.1</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Notices</U>.
Wherever provision is made in this Agreement for the giving of any notice, such notice shall be in writing and shall be deemed to have
been duly given if mailed by first class United States mail, postage prepaid, addressed to the party entitled to receive the same, or
sent by facsimile transmission or sent by overnight courier, if to a Member, in each case to the addresses or facsimile telephone numbers
therefor set forth in <U>Schedule A</U> attached hereto, and if to the Company, to:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">CompoSecure Holdings,
L.L.C.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">309 Pierce Street</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">Somerset, NJ 08873</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">Attention: Jonathan
C. Wilk, President and CEO</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">Phone: (908) 518-0500,
ext. 2220</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Email: jwilk@composecure.com</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 45; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">with a copy to:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in">Morgan, Lewis&nbsp;&amp; Bockius LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in">1701 Market Street</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in">Philadelphia, PA 19103</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in">Attention: Barbara J. Shander and Kevin
S. Shmelzer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in">Phone: (215) 963-5029 and (215) 963-5716</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">Email: barbara.shander@morganlewis.com and kevin.shmelzer@morganlewis.com</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">or to such other address, in any such case, as
any party hereto shall have last designated by notice to the other party. Notice shall be deemed to have been given on the day that it
is sent by electronic transmission and the appropriate answerback or confirmation of successful transmission or receipt is received or,
if sent by overnight courier, shall be deemed to have been given one Business Day after delivery by the courier company, or if mailed,
five Business Days following the date on which such notice was so mailed. Any Member may change its address for notices by giving written
notice of such change to the other Members and the Company.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.2</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Entire
Agreement; Non-Waiver</U>. This Agreement, including the Schedules hereto, and the Exchange Agreement constitute the entire agreement
of the parties hereto and supersedes any prior understandings or written or oral agreements between the parties with respect to the subject
matter hereof. This Agreement is subject in all respects to the provisions of the Exchange Agreement, and nothing in this Agreement shall
abridge or alter any rights provided for in the Exchange Agreement. The Company shall not take any action (or omit to take any action)
that is prohibited by, or inconsistent with, the Exchange Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.3</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Amendments</U>.
Except as required by law, this Agreement or the Certificate may be amended from time to time only upon the approval of the Members holding
a majority of the voting power each of the Class&nbsp;A Units and the Class&nbsp;B Units, each voting as a separate class; <U>provided</U>,
that at any time after (i)&nbsp;there are no Class&nbsp;B Units outstanding or (ii)&nbsp;the Exchange Agreement is no longer in effect,
any amendment to this Agreement or the Certificate shall only require the approval of Members holdings a majority of the voting power
of all Units, voting together as a single class. The date of adoption of an amendment shall be the date on which the Company shall have
received the requisite approvals.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.4</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>No
Waivers</U>. No delay on the part of any party in exercising any right hereunder shall operate as a waiver thereof, nor shall any waiver,
express or implied, by any party of any right hereunder or of any failure to perform or breach hereof by any other party constitute or
be deemed a waiver of any other right hereunder or of any other failure to perform or breach hereof by the same or any other Member,
whether of a similar or dissimilar nature thereof.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.5</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Applicable
Law</U>. This Agreement shall be governed by and interpreted and enforced in accordance with the laws of the State of Delaware, without
giving effect to any choice of law or conflict of laws, rules&nbsp;or provisions (whether of the State of Delaware or any other jurisdiction)
that would cause the application of the laws of any jurisdiction other than the State of Delaware.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 46; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.6</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>SUBMISSION
TO JURISDICTION; WAIVER OF JURY TRIAL; SELECTION OF FORUM</U><FONT STYLE="text-transform: uppercase">. Each party hereto irrevocably
submits to the exclusive jurisdiction of the Court of Chancery of the State of Delaware (unless the Federal courts have exclusive jurisdiction
over the matter, in which case the United Stated District for the District of Delaware, OR THE COURT OF CHANCERY OF THE STATE OF DELAWARE
DOES NOT HAVE JURISDICTION,&nbsp;IN WHICH CASE THE SUPERIOR COURT OF THE STATE OF DELAWARE) for the purposes of any Legal Proceeding
arising out of this Agreement or the transactions contemplated hereby, and agrees to commence any such Legal Proceeding only in such
courts. Each party hereto further agrees that service of any process, summons, notice or document by United States registered mail to
such Party&rsquo;s respective address set forth herein shall be effective service of process for any such Legal Proceeding. Each Party
irrevocably and unconditionally waives any objection to the laying of venue of any Legal Proceeding out of this Agreement or the transactions
contemplated hereby in such courts, and hereby irrevocably and unconditionally waives and agrees not to plead or claim in any such court
that any such Legal Proceeding brought in any such court has been brought in an inconvenient forum. EACH PARTY HEREBY IRREVOCABLY WAIVES
ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING OR COUNTERCLAIM (WHETHER AT LAW,&nbsp;IN EQUITY, BASED ON CONTRACT, TORT OR OTHERWISE)
ARISING OUT OF OR RELATING TO THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREBY OR THE ACTIONS OF SUCH PARTY IN THE NEGOTIATION, ADMINISTRATION,
PERFORMANCE AND ENFORCEMENT HEREOF OR THEREOF.</FONT></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.7</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Further
Assurances</U>. Each of the Members hereby agrees, at the request of any other Member, to execute and deliver all such other and additional
instruments and documents and to do such other acts and things as may be reasonably necessary or appropriate to carry out the intent
and purposes of this Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.8</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Assignment
of Contracts and Rights</U>. Except in connection with a Transfer permitted under <U>Article&nbsp;IX</U>, no party to this Agreement
may assign any of its rights or remedies or delegate any of its obligations under this Agreement without the prior written consent of
the Members holding a majority of the voting power of all Units, voting together as a single class.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.9</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>No
Right to Partition</U>. The Members, on behalf of themselves and their shareholders, partners, members, successors and assigns, if any,
hereby specifically renounce, waive and forfeit all rights, whether arising under contract or statute or by operation of law, except
as otherwise expressly provided in this Agreement, to seek, bring or maintain any action in any court of law or equity for partition
of the Company or any asset of the Company, or any interest which is considered to be Company property, regardless of the manner in which
title to such property may be held.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 47; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.10</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>No
Third-Party Rights</U>. This Agreement is made solely and specifically between and for the benefit of the parties hereto, and their respective
successors and assigns (subject to the express provisions hereof relating to successors and assigns), and is not intended to confer any
benefits upon, or create any rights in favor of, any Person other than the parties hereto, except for Persons entitled to indemnification
under <U>Article&nbsp;VI</U>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.11</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Successors
and Assigns</U>. Subject to the restrictions on Transfer set forth herein, and except as otherwise provided herein, this Agreement shall
be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective heirs, personal representatives,
successors and permitted assignees under this Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.12</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Severability</U>.
If any provision of this Agreement shall be declared to be invalid, illegal or unenforceable, such provision shall survive to the extent
it is not so declared, and the validity, legality and enforceability of the other provisions hereof shall not in any way be affected
or impaired thereby, unless such action would substantially impair the benefits to either party of the remaining provisions of this Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.13</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Remedies
Not Exclusive</U>. Except as otherwise provided herein, no remedy herein conferred or reserved is intended to be exclusive of any other
available remedy or remedies, and each and every remedy shall be cumulative and shall be in addition to every remedy under this Agreement
now or hereafter existing at law or in equity or by statute.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.14</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Representation
by Counsel</U>. Each of the parties has been represented by and has had an opportunity to consult legal counsel in connection with the
negotiation and execution of this Agreement. Therefore, the parties intend that no provision of this Agreement shall be construed against
or interpreted to the disadvantage of any party by any court or arbitrator or any governmental authority by reason of such party having
drafted or being deemed to have drafted such provision.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.15</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Counterparts</U>.
This Agreement may be executed in one or more counterparts, each of which shall be deemed an original but all of which together shall
constitute one and the same instrument. This Agreement shall be binding when one or more counterparts, individually or taken together,
bear the signatures of each of the parties reflected herein as signatories.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">Section&nbsp;11.16</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Attorneys&rsquo;
Fees</U>. If any action at law or in equity is necessary to enforce or interpret the terms of any of this Agreement, the prevailing party
shall be entitled to reasonable attorneys&rsquo; fees, costs and disbursements in addition to any other relief to which such party may
be entitled.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[SIGNATURE PAGE FOLLOWS]</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 48; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->39<!-- Field: /Sequence -->-</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF, the parties
hereto have caused their signatures, or the signatures of their duly authorized representatives, to be set forth below as of the day
and year first above written.</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><U>CLASS&nbsp;A MEMBERS</U>:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">COMPOSECURE,&nbsp;INC.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">By:&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 46%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Name:</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Title:</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Second Amended and Restated
Limited Liability Company Agreement of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CompoSecure Holdings, L.L.C.]</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 49 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>CLASS&nbsp;B MEMBERS</U>:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">LLR EQUITY PARTNERS IV, L.P.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">LLR Capital IV, L.P., its general partner</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: LLR Capital IV, LLC, its general partner</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD></TR>
  </TABLE>

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">LLR EQUITY PARTNERS PARALLEL IV, L.P.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">LLR Capital IV, L.P., its general partner</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: LLR Capital IV, LLC, its general partner</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD></TR>
  </TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Second Amended and Restated
Limited Liability Company Agreement of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CompoSecure Holdings, L.L.C.]</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 50 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>CLASS&nbsp;B MEMBERS</U>:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[ENTITY NAME]</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 47%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD></TR>
  </TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Second Amended and Restated
Limited Liability Company Agreement of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CompoSecure Holdings, L.L.C.]</P>


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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 51 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt"><U>CLASS&nbsp;B MEMBERS</U>:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">[INDIVIDUAL NAME]</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Second Amended and Restated
Limited Liability Company Agreement of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CompoSecure Holdings, L.L.C.]</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 52 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; vertical-align: top; width: 29%; text-align: center">Name</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; width: 2%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; width: 35%; text-align: center">Address</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; width: 2%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; width: 15%; text-align: center">Units</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; width: 2%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; width: 15%; text-align: center">Percentage Interest</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: left">CompoSecure,&nbsp;Inc.</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">2877 Paradise Road, #702, Las Vegas, NV 89109 <BR>Attention: [&#9679;] <BR>Email: [&#9679;]</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]<BR> Class&nbsp;A</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: left">LLR Equity Partners IV, L.P.</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">2929 Arch St, Philadelphia, PA 19104 <BR>Attention: Mitchell Hollin <BR>Email: mhollin@llrpartners.com</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]<BR> Class&nbsp;B</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: left">LLR Equity Partners Parallel IV, L.P.</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">2929 Arch St, Philadelphia, PA 19104 <BR>Attention: Mitchell Hollin <BR>Email: mhollin@llrpartners.com</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]<BR> Class&nbsp;B</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: left">Michele D. Logan <BR></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">11 Branch Road <BR>Far Hills, NJ&nbsp; 07931 <BR>Email: michele.logan@gmail.com</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]<BR> Class&nbsp;B</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: left">Michele D. Logan 2017 Charitable Remainder Unitrust, dated December&nbsp;28, 2017 <BR></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">c/o Tiedemann Trust Company, Trustee <BR>200 Bellevue Parkway, Suite&nbsp;525 <BR>Wilmington, DE 19809 <BR>Email: michele.logan@gmail.com</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]<BR> Class&nbsp;B</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: left">Ephesians 3:16 Holdings LLC <BR></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">c/o Michele Logan <BR>c/o Tiedemann Trust Company <BR>200 Bellevue Parkway, Suite&nbsp;525 <BR>Wilmington, DE 19809 <BR>Email: michele.logan@gmail.com</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]<BR> Class&nbsp;B</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: left">Luis DaSilva <BR></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">194 Riverview Road <BR>Bridgewater, NJ 08807 <BR>Email: ldasilva@composecure.com</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]<BR> Class&nbsp;B</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: left">Carol D. Herslow Credit Shelter Trust B <BR></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">c/o John H. Herslow, Co-Trustee <BR>3403 Robinson Court <BR>Bridgewater, NJ 08807 <BR>Email: john.herslow@gmail.com</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]<BR> Class&nbsp;B</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: left">Richard Vague <BR></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">1807 Delancey Place <BR>Philadelphia, PA 19103 <BR>Email: rvague@gmail.com</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]<BR> Class&nbsp;B</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]</TD></TR>
  </TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 53; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">Schedule A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; vertical-align: top; width: 29%; text-align: left">Name</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; width: 2%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; width: 35%; text-align: center">Address</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; width: 2%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; width: 15%; text-align: center">Units</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; width: 2%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; width: 15%; text-align: center">Percentage Interest</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: left">Kevin Kleinschmidt 2016 Trust dated January&nbsp;22, 2016</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">1520 Spruce Street, Apt. 800 <BR>Philadelphia, PA 19102 <BR>Attention: Kevin Kleinschmidt <BR>Email: kevinkleinschmidt@gmail.com</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center">[&#9679;] <BR>Class&nbsp;B</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">Joseph M. Morris <BR></TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: left">Email: jmorris@pcrllc.com</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]<BR> Class&nbsp;B</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: left">B. Graeme Frazier,&nbsp;IV</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: left">Email: bgfrazier@pcrllc.com</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]<BR> Class&nbsp;B</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; font-size: 10pt; vertical-align: top">[&#9679;]</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="text-align: left; font-size: 10pt; vertical-align: top">[&#9679;]</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]<BR> Class&nbsp;B</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center">[&#9679;]</TD></TR>
  </TABLE>

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

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

<!-- Field: Page; Sequence: 54; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">Schedule A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<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: center"><B><U>SCHEDULE B</U></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: center">TRANSFEREE TAX REPRESENTATIONS</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">i.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Either:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">Such
transferee (i)&nbsp;is not a flow-through entity within the meaning of Treasury Regulations Section&nbsp;1.7704-1(h)(3), and (ii)&nbsp;is
and will at all times continue to be, the sole beneficial owner of the interest to be registered in its name (which shall be interpreted
to mean that the transferee is not and will not be treated as a nominee for, or agent of, another party or as anything other than the
real owner of such interest for federal income tax purposes, at any time); or</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">(i)&nbsp;Such
transferee is a flow-through entity within the meaning of Regulations Section&nbsp;1.7704-1(h)(3)&nbsp;and (ii)&nbsp;there is no person
(a &ldquo;<U>Beneficial Owner</U>&rdquo;) that owns an interest in such transferee such that (x)&nbsp;substantially all of the value
of the Beneficial Owner&rsquo;s interest in such transferee will be attributable to such transferee&rsquo;s interest (direct or indirect)
in the Company; and (y)&nbsp;a principal purpose of the use of the tiered arrangement is to permit the Company to satisfy the 100-partner
limitation in Treasury Regulations Section&nbsp;1.7704-1(h)(1)(ii);</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">ii.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Such
transferee did not purchase, and will not sell, its interest through (a)&nbsp;a national, foreign, regional, local or other securities
exchange, (b)&nbsp;PORTAL or (c)&nbsp;over the counter market (including an interdealer quotation system that regularly disseminates
firm buy or sell quotations by identified brokers or dealers by electronic means or otherwise);</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">iii.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Such
transferee did not purchase, and will not sell, its interest from, to or through (a)&nbsp;a person, such as a broker or dealer, that
makes a market in, or regularly quotes prices for, such interests or (b)&nbsp;a person that regularly makes available to the public (including
customers or subscribers) bid or offer quotes with respect to the interest and stands ready to effect, buy or sell transactions at the
quoted prices for itself or on behalf of others; and</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">iv.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Such
transferee will only sell its interest to a buyer who provides the representations similar to these.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">The representations set forth
above are intended to ensure that the Company will not be treated as a corporation for federal income tax purposes as a result of any
transfer. The Company may waive any or all of the representations set forth above on the advice of counsel that the transfer of an interest
to such transferee will not cause the Company to be treated as a corporation for federal income tax purposes, and shall endeavor in good
faith to do so if so advised by counsel to the Company upon request for waiver by a Member proposing to transfer, or upon receipt of
an opinion from legal counsel to the transferee (provided such legal counsel is of national reputation and specializes in the legal matters
involved in such determination) that such transfer will not cause the Company to be treated as a publicly traded partnership within the
meaning of Section&nbsp;7704 of the Code. These representations may from time to time be revised by the Company on the advice of counsel
to the extent necessary to ensure that a transfer will not cause the Company to be treated as a corporation for federal income tax purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></P>

<!-- Field: Page; Sequence: 55; Options: NewSection Last; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt">Schedule B-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
