PREFERRED STOCK REDEMPTION RIGHT AGREEMENTPreferred Stock Redemption Right Agreement • June 11th, 2021 • PowerFleet, Inc. • Communications equipment, nec • Delaware
This PREFERRED STOCK REDEMPTION RIGHT AGREEMENT (this “Agreement”) is entered into as of June 9, 2021 (the “Execution Date”), by and among PowerFleet, Inc., a Delaware corporation (the “Corporation”), on the one hand, and ABRY Senior Equity V, L.P., a Delaware limited partnership (“ASE”), ABRY Senior Equity Co-Investment Fund V, L.P., a Delaware limited partnership (“ASECF”), and ABRY Investment Partnership, L.P., a Delaware limited partnership (“AIP” and, collectively with ASE and ASECF, the “Investors” and each of them, an “Investor”), on the other hand. The Corporation and Investors may be collectively referred to herein as the “Parties” and each may be referred to individually as a “Party.” Capitalized terms used in this Agreement and not otherwise defined above or in the text below have the meanings given to them in Section 22.
