Common use of Founder Share Clawback Clause in Contracts

Founder Share Clawback. Section 9 of this Agreement is hereby amended and restated in its entirety to read as follows: “Concurrently with the Luxembourg Merger Closing, Modern Media Sponsor, or the distributees of the PubCo Shares owned by Modern Media Sponsor, shall cancel or forfeit 2.1 million PubCo Shares.”

Founder Share Clawback. Section 9 of this Agreement is hereby amended and restated in its entirety to read as follows: “Concurrently with the Luxembourg Merger Closing, Modern Media Sponsor, or the distributees of the PubCo Shares owned by Modern Media Sponsor, shall cancel or forfeit 2.1 2.35 million PubCo Shares.”