Common Contracts

2 similar Non-Competition and Non-Solicitation Agreement contracts by Proficient Alpha Acquisition Corp

NON-COMPETITION AND NON-SOLICITATION AGREEMENT
Non-Competition and Non-Solicitation Agreement • March 17th, 2020 • Proficient Alpha Acquisition Corp • Blank checks • Hong Kong

THIS NON-COMPETITION AND NON-SOLICITATION AGREEMENT (this “Agreement”) is being executed and delivered as of March 10, 2020, by the undersigned security holder of the Company (as defined below) (the “Subject Party”) in favor of and for the benefit of Lion Group Holding Ltd., a Cayman Islands exempted company (“Pubco”), Proficient Alpha Acquisition Corp., a Nevada corporation (together with its successors, including the Surviving Corporation (as defined in the Business Combination Agreement) “Purchaser”), Lion Financial Group Limited, a corporation organized under the laws of the British Virgin Islands (the “Company”), and each of Pubco’s, Purchaser’s and/or the Company’s respective present and future Affiliates, successors and direct and indirect Subsidiaries (collectively with Pubco, Purchaser and the Company, the “Covered Parties”). Any capitalized term used, but not defined in this Agreement will have the meaning ascribed to such term in the Business Combination Agreement.

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NON-COMPETITION AND NON-SOLICITATION AGREEMENT
Non-Competition and Non-Solicitation Agreement • March 17th, 2020 • Proficient Alpha Acquisition Corp • Blank checks • Hong Kong

THIS NON-COMPETITION AND NON-SOLICITATION AGREEMENT (this “Agreement”) is being executed and delivered as of March 10, 2020, by the undersigned security holder of the Company (as defined below) (the “Subject Party”) in favor of and for the benefit of Lion Group Holding Ltd., a Cayman Islands exempted company (“Pubco”), Proficient Alpha Acquisition Corp., a Nevada corporation (together with its successors, including the Surviving Corporation (as defined in the Business Combination Agreement) “Purchaser”), Lion Financial Group Limited, a corporation organized under the laws of the British Virgin Islands (the “Company”), and each of Pubco’s, Purchaser’s and/or the Company’s respective present and future Affiliates, successors and direct and indirect Subsidiaries (collectively with Pubco, Purchaser and the Company, the “Covered Parties”). Any capitalized term used, but not defined in this Agreement will have the meaning ascribed to such term in the Business Combination Agreement.

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