Via E-mail (luke@catchagroup.com) July 23, 2024 Catcha Holdings LLC c/o Catcha Investment Corp Attention: Luke Elliott Email: luke@catchagroup.com
Exhibit 99.1
Execution Version
Via E-mail (xxxx@xxxxxxxxxxx.xxx)
July 23, 2024
Catcha Holdings LLC
c/o Catcha Investment Corp
Attention: Xxxx Xxxxxxx
Email: xxxx@xxxxxxxxxxx.xxx
Re: | Lock-Up Waiver |
Xx. Xxxxxxx:
This letter (this “Letter”) is delivered in connection with that certain Lock-Up Agreement, dated August 3, 2023 (the “Agreement”), by and among Crown LNG Holdings Limited, a private limited company incorporated under the laws of Jersey, Channel Islands (“PubCo”), Crown LNG Holding AS (the “Company”), Catcha Holdings LLC, a Cayman Islands limited liability company (the “Sponsor”), and the other parties thereto. Capitalized terms used by not defined herein shall have the meanings ascribed thereto in the Agreement.
Pursuant to Section 5(b) of the Agreement, the purpose of this Letter is for PubCo to, and PubCo hereby does, irrevocably consent to the waiver of Sections 2(a) and 2(b) of the Agreement to permit transfers of the Lock-Up Shares by Xxxxxxx Capital Corporation, Raghava Corporate Pte Lte, and Black Kite AS, as Company Holders, and Catcha Holdings LLC, as a Sponsor Holder.
This Letter, and any claim, controversy or dispute arising under or related to this letter, shall be governed by and construed in accordance with the laws of the State of New York without reference to principles of conflicts of law. The Agreement remains in full force and effect, and no other rights are waived or amended by this Letter. For the avoidance of doubt, this Letter is in addition to, and not in substitution of, any other fully executed and delivered waivers or amendments relating to Lock-Up Shares.
Please acknowledge your receipt of this Letter by signing where indicated below, and emailing a .PDF copy to xxxx@xxxxxxxx.xxx at your earliest convenience.
****
Regards, | ||
CROWN LNG HOLDINGS LIMITED | ||
By: | /s/ Xxxx Xxxxx Xxxxxxxx | |
Name: Xxxx Xxxxx Xxxxxxxx | ||
Title: Director |
Xxxxxxxxxxxx, agreed, and consented to
as of the date of this Letter:
SPONSOR:
Catcha Holdings LLC
By: |
| |
Name: | ||
Title: |
[Signature Page to Lock-Up Waiver]