BACKSTOP AGREEMENTBackstop Facility Agreement • January 12th, 2022 • CC Neuberger Principal Holdings III • Blank checks • New York
Contract Type FiledJanuary 12th, 2022 Company Industry JurisdictionThis Backstop Facility Agreement (this “Agreement”) is entered into as of January 6, 2022 by and between CC Neuberger Principal Holdings III, a Cayman Islands exempted company (the “Company”), and Neuberger Berman Opportunistic Capital Solutions Master Fund L.P., a Cayman Islands exempted limited partnership (the “Purchaser”). Capitalized terms used but not initially defined in this Agreement shall have the meaning hereinafter ascribed to such terms.