Parent Sponsor Letter Agreement Sample Contracts

Re: Parent Sponsor Letter Agreement
Parent Sponsor Letter Agreement • July 15th, 2020 • Fortress Value Acquisition Corp. • Blank checks • New York

This letter agreement (this “Letter Agreement”) is being delivered to you in connection with that certain Agreement and Plan of Merger (the “Merger Agreement”), dated as of the date hereof, by and among Fortress Value Acquisition Corp., a Delaware corporation (“Parent”), MP Mine Operations LLC, a Delaware limited liability company (“MPMO”), Secure Natural Resources LLC, a Delaware limited liability company (“SNR” and, together with MPMO, the “Companies”), and the other parties thereto and hereby amends and restates in its entirety that certain Letter Agreement, dated as of April 29, 2020, from Fortress Acquisition Sponsor LLC (the “Sponsor”) and each of the undersigned individuals, each of whom is a member of Parent’s board of directors and/or management team (each, an “Insider” and collectively, the “Insiders”) to Parent. Certain capitalized terms used herein are defined in paragraph 11 hereof. Capitalized terms used but not otherwise defined herein shall have the respective meanings

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