DIVIDEND WAIVERDividend Waiver • December 30th, 2019 • Brooge Holdings LTD • Petroleum refining
Reference is hereby made to that certain Business Combination Agreement, dated as of April 15, 2019 (as amended, the “Agreement”), by and among Twelve Seas Investment Company (“Twelve Seas”), Brooge Merger Sub Limited, Brooge Holdings Limited (“Pubco”), Brooge Petroleum And Gas Investment Company FZE, and the Seller party thereto. Capitalized terms used herein but not defined shall have the meanings ascribed to them in the Agreement.
JOINDER TO DIVIDEND WAIVERDividend Waiver • April 21st, 2020 • BPGIC HOLDINGS LTD • Petroleum refining
This Joinder to Dividend Waiver (this “Joinder”), is entered into by __________________, an individual citizen and resident of _________________________ (the “Transferee”). Reference is hereby made to (i) that certain letter dated as of March 1, 2020, from SBD International LP (“SBD”), a Cayman Islands exempted limited partnership and an indirect parent of BPGIC Holdings Limited, a Cayman Islands exempted company (the “Seller”) in favor of Transferee (the “Letter”) whereby SBD undertook to procure the transfer to Transferee of ___________________ ordinary shares (the “Shares”) of Brooge Holdings Limited, a Cayman Islands exempted company (“Pubco”), and (ii) those certain counterpart Dividend Waivers, dated on or about December 20, 2019, by and among the Initial Waiving Shareholders (defined below) (collectively, the “Dividend Waiver”). Capitalized terms used herein but not defined shall have the meanings ascribed to them in the Letter and the Dividend Waiver, as applicable.
JOINDER TO DIVIDEND WAIVERDividend Waiver • April 21st, 2020 • BPGIC HOLDINGS LTD • Petroleum refining
This Joinder to Dividend Waiver (this “Joinder”), is entered into by Anvil Trust, a trust formed under the laws of Gibraltar (“Anvil”). Reference is hereby made to (i) that certain Letter of Intent, dated as of December 19, 2019 (the “LOI”), by and between Anvil and HBS Investments LP, a Cayman Islands partnership (“HBS”) and (ii) those certain counterpart Dividend Waivers, dated on or about December 20, 2019, by and among the Initial Waiving Shareholders (defined below) (collectively, the “Dividend Waiver”). Capitalized terms used herein but not defined shall have the meanings ascribed to them in the LOI and the Dividend Waiver, as applicable.
