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Assignment of Registration Rights
Assignment of Registration Rights contract clause examples

Pursuant to Section 1 of the Side Letter, on the date hereof, Sponsor hereby transfers, assigns and conveys # 119,123 Sponsor Transferred Shares (the “Crestview Investor I Shares”) to Crestview Investor I and # 5,877 Sponsor Transferred Shares (the “Crestview Investor II Shares”) to Crestview Investor II (collectively, the “Crestview Transfer”). Contemporaneously with the Crestview Transfer, each of Crestview Investor I and Crestview Investor II is delivering to MPAC a Joinder to Sponsor Agreement and Letter Agreement substantially in the form attached hereto as, with respect to Crestview Investor I, Exhibit A and, with respect to Crestview Investor II, Exhibit B (together, the “Joinders”). MPAC acknowledges that the Crestview Transfer is permitted by paragraph 7(c) of the Letter Agreement (pursuant to clause (a) thereof) and therefore not subject to the restrictions of [Section 3(b)] of the Sponsor Agreement, subject to [Section 3(d)] of the Sponsor Agreement and MPAC’s receipt of the executed Joinders.

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