ContractAgreement • March 3rd, 2021 • SY Merger Sub Corp • Services-computer programming, data processing, etc. • New York
THIS AGREEMENT (the “Agreement”), effective on September 8, 2020 between Synacor, Inc., a Delaware Corporation, for itself and its subsidiaries and affiliates (“Discloser”) and CENTRE LANE PARTNERS, LLC (the “Recipient”), is to protect confidential information disclosed by the Discloser to the Recipient. The parties agree as follows:
CENTRE LANE PARTNERS V, L.P. c/o Centre Lane Partners, LLC Suite 2220 New York, NY 10165 February 10, 2021SY Merger Sub Corp • March 3rd, 2021 • Services-computer programming, data processing, etc. • New York
Reference is made to the Agreement and Plan of Merger (the “Merger Agreement”) made as of the date hereof by and between SY Merger Sub Corporation (“Merger Sub”), CLP SY Holding, LLC (“Parent”) and Synacor, Inc. (the “Company”), pursuant to which Merger Sub will commence a tender offer to purchase any and all of the issued and outstanding shares of stock of the Company and following consummation of such tender offer, commence a merger with the Company, all on the terms and conditions therein set forth (the “Acquisition”). This letter is being delivered to Parent and Merger Sub to induce the Company to enter into the Merger Agreement. Capitalized terms used but not defined herein have the meanings ascribed to them in the Merger Agreement.
