INDEMNIFICATION AGREEMENTIndemnification Agreement • January 20th, 2022 • Powered Brands • Blank checks • New York
THIS INDEMNIFICATION AGREEMENT (the “Agreement”) is made and entered into as of January 19, 2022 between Powered Brands, a Cayman Islands exempted company (the “Company”), and Neela Montgomery (“Indemnitee”).
POWERED BRANDS DIRECTOR RESTRICTED STOCK UNIT AWARD AGREEMENTDirector Restricted Stock Unit Award Agreement • January 20th, 2022 • Powered Brands • Blank checks • Delaware
This Director Restricted Stock Unit Award Agreement (this “RSU Award Agreement”), dated as of January 19, 2022 (the “Grant Date”), is made by and between Powered Brands, an exempted company incorporated under the laws of the Cayman Islands (the “Company”), and Neela Montgomery (the “Participant”). The terms of this RSU Award Agreement shall be governed by the terms of the omnibus equity incentive plan to be adopted by the Company and submitted for approval by the Company’s shareholders in connection with the Company’s initial Business Combination (as defined below) (the “Plan”). Certain capitalized terms used herein and not otherwise defined are defined in Section 6 hereof.
Powered Brands Registration and Shareholder Rights Agreement JoinderPowered Brands • January 20th, 2022 • Blank checks
By executing and delivering this signature page, Neela Montgomery (the “Participant”) hereby acknowledges and agrees that she has been awarded 45,000 restricted stock units of Powered Brands (the “Company”), pursuant to that certain Director Restricted Stock Unit Award Agreement, dated as of January 19, 2022, as may be amended, by and among the Company and the Participant. Further each of the Company, PB Management, a Cayman Islands exempted limited liability company (“Sponsor”) and the Participant hereby acknowledge and agree that the Participant hereby joins in, becomes a party to and agrees to be bound by the terms and conditions of that certain Registration and Shareholder Rights Agreement dated as of January 12, 2021, as may be amended, by and among the Company, the Sponsor and the Holders (as such term is defined therein) (the “Registration Rights Agreement”), under which the Participant agrees to and shall be bound by and subject to the terms of the Registration Rights Agreement
Powered BrandsLetter Agreement • January 20th, 2022 • Powered Brands • Blank checks • New York
This letter (this “Letter Agreement”) is being delivered to you in connection with your appointment to the board of directors of Powered Brands, a Cayman Islands exempted company (the “Company”). Reference is made to that certain letter agreement, dated January 12, 2021 among the Company, Credit Suisse Securities (USA) LLC, PB Management (the “Sponsor”) and certain individuals (the “Existing Letter Agreement”). Capitalized terms used herein and not otherwise defined shall have the meanings given such terms in the Existing Letter Agreement.
