Letter, dated May 12, 2022, from Goldman to the Company
Exhibit 10.16
PERSONAL AND CONFIDENTIAL
May 12, 2022
Ted Wang
Chairman, Chief Executive Officer
Angel Pond Holdings Corporation
950 Third Avenue, 25th Floor
New York, NY 10022
Dear Ted:
In connection with the engagement letter (the Letter), dated January 30, 2022, between Angel Pond Holdings Corporation (the Company) and Goldman Sachs & Co. LLC regarding certain capital markets advisory services in connection with the possible acquisition of all or a portion of the stock or assets of MariaDB Corporation Ab, Goldman Sachs & Co. LLC hereby confirms the termination of its services pursuant to the Letter.
Pursuant to the terms of the Letter, the following obligations of the Company shall survive this termination: (i) the disclosure and use limitations with respect to our written or oral advice and the terms of the Letter; and (ii) the obligations under Annex A of the Letter with respect to our indemnity and other matters.
Reference is also hereby made to the Underwriting Agreement, dated May 18, 2021, by and among the Company, Goldman Sachs (Asia) L.L.C. and J.P. Morgan Securities LLC (the Underwriting Agreement). Goldman Sachs (Asia) L.L.C. hereby waives its entitlement to receive any portion of the Deferred Discount (as defined in the Underwriting Agreement) in respect of the proposed business combination with MariaDB Corporation Ab.
Very truly yours, | ||
GOLDMAN SACHS & CO. LLC | ||
By: | /s/ Karthik Subramanian | |
Name: | Karthik Subramanian | |
Title: | Managing Director | |
GOLDMAN SACHS (ASIA) L.L.C. | ||
By: | /s/ Vikram Chavali | |
Name: | Vikram Chavali | |
Title: | Managing Director |