Sponsor Support and Founder Shares Restructuring Agreement Sample Contracts

SPONSOR SUPPORT AND FOUNDER SHARES RESTRUCTURING AGREEMENT

Sponsor Support and Founder Shares Restructuring Agreement • October 5th, 2023 • OmniLit Acquisition Corp. • Optical instruments & lenses

• Contract Type
  Sponsor Support and Founder Shares Restructuring Agreement
• Filed
  October 5th, 2023
• Company
  OmniLit Acquisition Corp.
• Industry
  Optical instruments & lenses

This Sponsor Support Agreement (this “Sponsor Agreement”) is dated as of May 9, 2023, by and among OmniLit Sponsor LLC, a Delaware limited liability company (the “OmniLit Sponsor”), the Persons set forth on Schedule I hereto (together with the OmniLit Sponsor, each, a “Sponsor” and, together, the “Sponsors”), OmniLit Acquisition Corp., a Delaware corporation (“OmniLit”), and Syntec Optics, Inc., a Delaware corporation (the “Company”). Capitalized terms used but not defined herein shall have the respective meanings ascribed to such terms in the Merger Agreement.