BUSINESS COMBINATION AGREEMENT BY AND AMONG SOUTH MOUNTAIN MERGER CORP., BT MERGER SUB I, INC., BT MERGER SUB II, LLC, AND FACTOR SYSTEMS, INC. (D/B/A BILLTRUST) DATED AS OF OCTOBER 18, 2020Business Combination Agreement • October 19th, 2020 • South Mountain Merger Corp. • Blank checks • Delaware
Contract Type FiledOctober 19th, 2020 Company Industry JurisdictionThis BUSINESS COMBINATION AGREEMENT, dated as of October 18, 2020 (this “Agreement”), is made by and among South Mountain Merger Corp., a Delaware corporation (“SMMC”), BT Merger Sub I, Inc., a Delaware corporation (“First Merger Sub”), BT Merger Sub II, LLC, a Delaware limited liability company (“Second Merger Sub”) and Factor Systems, Inc. (d/b/a Billtrust), a Delaware corporation (the “Company”).