Liquidity Commitment Letter between GS SPONSOR LLC and GS Acquisition Holdings Corp. dated March 11, 2019
GS SPONSOR LLC has agreed to provide up to $2,000,000 in liquidity to GS Acquisition Holdings Corp. if needed to cover ordinary expenses through June 12, 2020. This support will be given upon the company's request and will not result in GS SPONSOR LLC receiving any additional ownership or interest in the company. The funds will be contributed in relation to shares already owned by an affiliate of GS SPONSOR LLC.
Exhibit 10.11
March 11, 2019
The undersigned hereby commits that, if funds are needed by GS Acquisition Holdings Corp (the Company) through June 12, 2020 to pay ordinary course expenses, upon request by the Company, the undersigned will provide liquidity of up to an aggregate of $2,000,000 to the Company. The undersigned shall not receive any additional interest in the Company in exchange for any such contributions, and any liquidity provided hereunder will be in the form of a contribution with respect to shares already owned by an affiliate of the undersigned.
GS SPONSOR LLC | ||
By: | /s/ Raanan A. Agus | |
Name: Raanan A. Agus | ||
Title: President |