Zoomcar Holdings, Inc.
AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT, DATED DECEMBER 28, 2023, BY 
<DOCUMENT>
<TYPE>EX-10.9
<SEQUENCE>7
<FILENAME>ea191008ex10-9_zoomcar.htm
<DESCRIPTION>AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT, DATED DECEMBER 28, 2023, BY AND AMONG ZOOMCAR HOLDINGS, INC.
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 10.9</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">THIS AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT
(this &ldquo;<B>Agreement</B>&rdquo;), dated as of December 28, 2023, is made and entered into by and among Zoomcar Holdings, Inc. (f/k/a
Innovative International Acquisition Corp., a Cayman Islands exempted company), a Delaware corporation (the &ldquo;<B>Company</B>,&rdquo;),
Innovative International Sponsor I LLC, a Delaware limited liability company (the &ldquo;<B>Sponsor</B>&rdquo;), and the undersigned parties
listed under IOAC Holders, Zoomcar Holders and Additional Zoomcar Holders on&nbsp;Schedule&nbsp;A&nbsp;hereto (each such party, together
with the Sponsor, and any person or entity who hereafter becomes a party to this Agreement pursuant to&nbsp;Section&nbsp;5.2&nbsp;or&nbsp;Section&nbsp;5.11&nbsp;of
this Agreement, a &ldquo;<B>Holder</B>&rdquo; and collectively the &ldquo;<B>Holders</B>&rdquo;). Except as otherwise stated, capitalized
terms used but not otherwise defined herein shall have the meanings provided in the Merger Agreement (as defined below).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>RECITALS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"><B>WHEREAS</B>, on October&nbsp;26, 2021, Innovative
International Acquisition Corp., a Cayman Islands exempted company (&ldquo;<B>IOAC</B>&rdquo;), the Sponsor and certain other security
holders named therein (the &ldquo;<B>Existing Holders</B>&rdquo;) entered into that certain Registration Rights Agreement (the &ldquo;<B>Existing
Registration Rights Agreement</B>&rdquo;), pursuant to which IOAC granted the Sponsor and such other Existing Holders certain registration
rights with respect to certain securities of IOAC;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"><B>WHEREAS</B>, on August&nbsp;17, 2021, Zoomcar,
Inc., a Delaware corporation (&ldquo;<B>Zoomcar</B>&rdquo;), and certain security holders named therein (the &ldquo;<B>Zoomcar Holders</B>&rdquo;)
entered into that certain Seventh Amended and Restated Investors&rsquo; Rights Agreement (the &ldquo;<B>Zoomcar IRA</B>&rdquo;), pursuant
to which Zoomcar granted such Zoomcar Holders certain registration rights with respect to certain securities of Zoomcar;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"><B>WHEREAS</B>, between March&nbsp;2023 and August 16, 2023, Zoomcar engaged in a private placement pursuant to which it sold convertible notes and warrants to purchase certain equity securities
(the &ldquo;<B>2023 Zoomcar Private Placement</B>&rdquo;), which notes and warrants shall be converted into shares of Common Stock and
warrants to purchase shares of Common Stock of the Company immediately prior to the consummation of the Business Combination and purchasers
of securities in such private placement (&ldquo;<B>Additional Zoomcar Holders</B>&rdquo;) entered into that certain Securities Purchase
Agreement (the &ldquo;<B>2023 Zoomcar Private Placement SPA</B>&rdquo;), pursuant to which certain registration rights were granted;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"><B>WHEREAS</B>, on October&nbsp;13, 2022, IOAC,
Innovative International Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of IOAC (&ldquo;<B>Merger Sub</B>&rdquo;),
Zoomcar, and Greg Moran, in the capacity as the seller representative, entered into that certain Agreement and Plan of Merger and Reorganization
(the &ldquo;<B>Merger Agreement</B>&rdquo;), pursuant to which, (a)&nbsp;on the Domestication Closing Date, IOAC domesticated as a Delaware
corporation in accordance with Section&nbsp;388 of the Delaware General Corporation Law and the Cayman Islands Companies Act (As Revised)
(the &ldquo;<B>Domestication</B>&rdquo;); and (b)&nbsp;on the date hereof, Merger Sub merged with and into Zoomcar (the &ldquo;<B>Merger,</B>&rdquo;
or, together with the Domestication, the &ldquo;<B>Business Combination</B>&rdquo;)), with Zoomcar surviving the Merger as a wholly owned
subsidiary of the IOAC;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"><B>WHEREAS</B>, on October&nbsp;13, 2022, Ananda
Small Business Trust (&ldquo;<B>Ananda Trust</B>&rdquo;), and Zoomcar entered into that certain Subscription Agreement (the &ldquo;<B>Ananda
Trust Subscription Agreement</B>&rdquo;), pursuant to which IOAC granted Ananda Trust certain registration rights with respect to certain
securities of IOAC;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"><B>WHEREAS</B>, following the closing of the Business
Combination (the &ldquo;<B>Closing</B>&rdquo;), the Holders own shares of the Company&rsquo;s common stock, par value $0.0001 per share
(the &ldquo;<B>Common Stock</B>&rdquo;); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"><B>WHEREAS</B>, the Company and the Existing Holders
desire to amend and restate the Existing Registration Rights Agreement, pursuant to which the Company shall grant the Holders certain
registration rights with respect to certain securities of the Company, as set forth in this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"><B>WHEREAS</B>, the Company, Zoomcar and the Zoomcar
Holders desire that this Agreement shall supersede the registration rights set forth in Section&nbsp;2 of the Zoomcar IRA, and the Company
shall grant the Holders certain registration rights with respect to certain securities of the Company, as set forth in this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"><B>WHEREAS</B>, the Company, Zoomcar and Ananda
Trust desire that this Agreement shall supersede the registration rights set forth in Section&nbsp;5 of the Ananda Trust Subscription
Agreement, and the Company shall grant the Holders certain registration rights with respect to certain securities of the Company, as set
forth in this Agreement; and</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"><B>WHEREAS</B>, the Company, Zoomcar and the Additional
Zoomcar Holders desire that this Agreement shall supersede the registration rights set forth in Section&nbsp;4 of the 2023 Zoomcar Private
Placement SPA, and the Company shall grant such purchasers certain registration rights with respect to certain securities of the Company,
as set forth in this Agreement.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"><B>NOW</B>,&nbsp;<B>THEREFORE</B>, in consideration
of the representations, covenants and agreements contained herein, and certain other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE I<BR>
DEFINITIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">1.1 <B>Definitions</B>. The
terms defined in this&nbsp;Article&nbsp;I&nbsp;shall, for all purposes of this Agreement, have the respective meanings set forth below:</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Additional Holder</B>&rdquo; shall have the meaning given
in&nbsp;Section&nbsp;5.11.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Additional Holder Common Stock</B>&rdquo; shall have the
meaning given in&nbsp;Section&nbsp;5.11.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Additional Zoomcar Holders</B>&rdquo;
shall mean the parties listed under Additional Zoomcar Holders on&nbsp;Schedule&nbsp;A&nbsp;hereto.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&ldquo;<B>Adverse Disclosure</B>&rdquo; shall mean
any public disclosure of material non-public information, which disclosure, in the good faith judgment of the Chief Executive Officer
or Chief Financial Officer of the Company, after consultation with counsel to the Company, (a)&nbsp;would be required to be made in (i)&nbsp;any
Registration Statement in order for the applicable Registration Statement not to contain any untrue statement of a material fact or omit
to state a material fact required to be stated therein or necessary to make the statements therein not misleading or (ii)&nbsp;any Prospectus
in order for the applicable Prospectus not to include any untrue statement of a material fact or omit to state a material fact necessary
in order to make the statements therein, in the light of the circumstances under which they were made, not misleading, (b)&nbsp;would
not be required to be made at such time if the Registration Statement were not being filed, and (c)&nbsp;the Company has a bona fide business
purpose for not making public.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Agreement</B>&rdquo; shall have the meaning given in the
Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Block Trade</B>&rdquo; shall have the meaning given to it
in&nbsp;subsection 2.4.1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Board</B>&rdquo; shall mean the board of directors of the
Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Business Combination</B>&rdquo; shall have the meaning given
in the Recitals hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Merger Agreement</B>&rdquo; shall have the meaning given
in the Recitals hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>IOAC</B>&rdquo; shall have the meaning given in the Recitals
hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>IOAC Holders</B>&rdquo; shall mean the parties listed under
IOAC Holders on&nbsp;Schedule&nbsp;A&nbsp;hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Closing</B>&rdquo; shall have the meaning given in the Recitals
hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Commission</B>&rdquo; shall mean the Securities and Exchange
Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Common Stock</B>&rdquo; shall have the meaning given in the
Recitals hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Company</B>&rdquo; shall have the meaning given in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Demanding Holder</B>&rdquo; shall have the meaning given
in&nbsp;subsection 2.1.5.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Domestication</B>&rdquo; shall have the meaning given in
the Recitals hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Effectiveness Period</B>&rdquo; shall have the meaning given
in&nbsp;subsection 3.1.1&nbsp;of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&ldquo;<B>Exchange Act</B>&rdquo; shall mean the
Securities Exchange Act of 1934, as it may be amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Existing Holders</B>&rdquo; shall have the meaning given
in the Recitals hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Existing Registration Rights Agreement</B>&rdquo; shall have
the meaning given in the Recitals hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Financial Counterparty</B>&rdquo; shall have the meaning
given in&nbsp;subsection 2.4.1&nbsp;of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Holder Indemnified Persons</B>&rdquo; shall have the meaning
given in&nbsp;subsection 4.1.1&nbsp;of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Holder Information</B>&rdquo; shall have the meaning given
in&nbsp;subsection 4.1.2.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Holders</B>&rdquo; shall have the meaning given in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Joinder</B>&rdquo; shall have the meaning given in&nbsp;Section&nbsp;5.11.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Maximum Number of Securities</B>&rdquo; shall have the meaning
given in&nbsp;subsection 2.1.6&nbsp;of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Merger</B>&rdquo; shall have the meaning given in the Recitals
hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Merger Sub</B>&rdquo; shall have the meaning given in the
Recitals hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Minimum Underwritten Offering Threshold</B>&rdquo; shall
have the meaning given in&nbsp;subsection 2.1.5.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Misstatement</B>&rdquo; shall mean, in
the case of a Registration Statement, an untrue statement of a material fact or an omission to state a material fact required to be stated
therein, or necessary to make the statements therein not misleading, and in the case of a Prospectus, an untrue statement of a material
fact or an omission to state a material fact necessary in order to make the statements therein, in the light of the circumstances under
which they were made, not misleading.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Other Coordinated Offering</B>&rdquo; shall have the meaning
given to it in&nbsp;subsection 2.4.1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Permitted Transferees</B>&rdquo; shall
mean any person or entity to whom a Holder is permitted to transfer Registrable Securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Piggyback Registration</B>&rdquo; shall have the meaning
given in&nbsp;subsection 2.2.1&nbsp;of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Pro Rata</B>&rdquo; shall have the meaning given in&nbsp;subsection
2.1.6&nbsp;of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Prospectus</B>&rdquo; shall mean the prospectus
included in any Registration Statement, as supplemented by any and all prospectus supplements and as amended by any and all post-effective
amendments and including all material incorporated by reference in such prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Registrable Security</B>&rdquo; shall
mean (a)&nbsp;any equity securities (including the shares of Common Stock issued or issuable upon the exercise of any such equity security)
of the Company issued or issuable upon conversion of any working capital loans made to IOAC by a Holder in accordance with the related
promissory notes, (b)&nbsp;any equity securities (including the shares of Common Stock issued or issuable upon the exercise of any such
equity security) of the Company issued or issuable upon conversion of any convertible promissory notes made to Ananda Small Business Trust
and certain other investors, (c)&nbsp;any equity securities (including the shares of Common Stock issued or issuable upon the exercise
of any such equity security) of the Company issued or issuable upon conversion of any convertible promissory notes and exercise of any
warrants issued to the Zoomcar Holders and the Additional Zoomcar Holders prior to or upon the consummation of the Business Combination,
(d)&nbsp;any outstanding shares of Common Stock or any other equity security (including the shares of Common Stock issued or issuable
upon the exercise of any other equity security) of the Company held by a Holder as of the date of this Agreement, (e)&nbsp;any Additional
Holder Common Stock, (f)&nbsp;any shares of the Company issued or to be issued to any Holders in connection with the Business Combination
and (g)&nbsp;any other equity security of the Company issued or issuable with respect to any such shares of Common Stock by way of a share
capitalization or share sub-division or in connection with a combination of shares, recapitalization, merger, consolidation or reorganization;&nbsp;provided,&nbsp;however,
that, as to any particular Registrable Securities, such securities shall cease
to be Registrable Securities when: (A)&nbsp;a Registration Statement with respect to the sale of such securities shall have become effective
under the Securities Act and such securities shall have been sold, transferred, disposed of or exchanged in accordance with such Registration
Statement; (B)&nbsp;such securities shall have been otherwise transferred, new certificates for such securities not bearing a legend restricting
further transfer shall have been delivered by the Company and subsequent public distribution of such securities shall not require registration
under the Securities Act; (C)&nbsp;such securities shall have ceased to be outstanding; or (D)&nbsp;such securities may be sold without
registration pursuant to Rule&nbsp;144 and Rule&nbsp;145 (as applicable) promulgated under the Securities Act (or any successor rule promulgated
thereafter by the Commission) (but with no volume or other restrictions or limitations).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Registration</B>&rdquo; shall mean a registration
effected by preparing and filing a registration statement or similar document in compliance with the requirements of the Securities Act,
and the applicable rules and regulations promulgated thereunder, and any such registration statement having been declared effective by,
or become effective pursuant to the rules promulgated by, the Commission.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Registration Expenses</B>&rdquo; shall
mean the out-of-pocket expenses of a Registration, including, without limitation, the following:</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">(A) all registration and filing
fees (including fees with respect to filings required to be made with the Financial Industry Regulatory Authority, Inc. and any national
securities exchange on which the shares of Common Stock is then listed);</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">(B) fees and expenses of compliance
with securities or blue sky laws (including reasonable fees and disbursements of counsel for the Underwriters in connection with blue
sky qualifications of Registrable Securities);</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">(C) reasonable printing, messenger, telephone and
delivery expenses;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">(D) reasonable fees and disbursements of counsel for
the Company;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">(E) reasonable fees and disbursements
of all independent registered public accountants of the Company incurred specifically in connection with such Registration or Underwritten
Offering;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">(F) the fees and expenses incurred
in connection with the listing of any Registrable Securities on each national securities exchange on which the shares of Common Stock
is then listed;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">(G) the fees and expenses incurred
by the Company in connection with any Underwritten Offerings or other offering involving an Underwriter; and</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">(H) reasonable fees and expenses
of one (1)&nbsp;legal counsel selected jointly by the majority-in-interest of Registrable Securities held by the Demanding Holders initiating
an Underwritten Demand, Block Trade or Other Coordinated Offering, the Requesting Holders participating in an Underwritten Offering and
the Holders participating in a Piggyback Registration, as applicable.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Registration Statement</B>&rdquo; shall
mean any registration statement under the Securities Act that covers the Registrable Securities pursuant to the provisions of this Agreement,
including the Prospectus included in such registration statement, amendments (including post-effective amendments) and supplements to
such registration statement and all exhibits to and all material incorporated by reference in such registration statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Requesting Holder</B>&rdquo; shall have the meaning given
in&nbsp;subsection 2.1.5&nbsp;of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Securities Act</B>&rdquo; shall mean the Securities Act of
1933, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Shelf Registration</B>&rdquo; shall have the meaning given
in&nbsp;subsection 2.1.1&nbsp;of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Sponsor</B>&rdquo; shall have the meaning given in the Preamble.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Subsequent Shelf Registration Statement</B>&rdquo; shall
have the meaning given in&nbsp;subsection 2.1.3.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Transfer</B>&rdquo; shall mean the (a)&nbsp;sale
or assignment of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose
of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect
to or decrease of a call equivalent position within the meaning of Section&nbsp;16 of the Exchange Act with respect to, any security,
(b)&nbsp;entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of
ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c)&nbsp;public
announcement of any intention to effect any transaction specified in&nbsp;clause (a)&nbsp;or&nbsp;(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Underwriter</B>&rdquo; shall mean a securities
dealer who purchases any Registrable Securities as principal or as broker, placement agent or sales agent pursuant to a Registration and
not as part of such dealer&rsquo;s market-making activities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Underwritten Demand</B>&rdquo; shall have the meaning given
in&nbsp;subsection 2.1.5&nbsp;of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Underwritten Offering</B>&rdquo; shall
mean a Registration in which securities of the Company are sold to an Underwriter in a firm commitment underwriting for distribution to
the public.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Zoomcar Holders</B>&rdquo; shall mean the parties listed
under Zoomcar Holders on&nbsp;Schedule&nbsp;A&nbsp;hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Zoomcar IRA</B>&rdquo; shall have the meaning given in the
Recitals hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">&ldquo;<B>Withdrawal Notice</B>&rdquo; shall have the meaning given
in&nbsp;subsection 2.1.7.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>ARTICLE II<BR>
REGISTRATIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">2.1 <B>Registration</B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">2.1.1 <B>Shelf Registration</B>. The
Company agrees that, within thirty (30) calendar days after the consummation of the Business Combination, the Company will use its commercially
reasonable efforts to file with the Commission (at the Company&rsquo;s sole cost and expense) a Registration Statement registering the
resale or other disposition of the Registrable Securities (a &ldquo;<B>Shelf Registration</B>&rdquo;), which Shelf Registration will include
shares of Common Stock that may have been purchased or otherwise issued upon exercise of warrants or upon conversion of any convertible
notes issued in any private placement that was consummated by the Company or Zoomcar at or prior to the Closing. Such Shelf Registration
shall provide for the resale of the Registrable Securities included therein pursuant to any method or combination of methods legally available
(the &ldquo;<B>Plan of Distribution</B>&rdquo;) to, and requested by, any Holder named therein.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">2.1.2 <B>Effective Registration</B>. The
Company shall use its commercially reasonable efforts to cause such Registration Statement to become effective by the Commission as soon
as reasonably practicable after the initial filing of the Registration Statement. Subject to the limitations contained in this Agreement,
the Company shall effect any Shelf Registration on such appropriate registration form of the Commission (a)&nbsp;as shall be selected
by the Company and (b)&nbsp;as shall permit the resale or other disposition of the Registrable Securities by the Holders. The Company
shall use its commercially reasonable efforts to have the Registration Statement declared effective as soon as practicable after the filing
thereof, but no later than the earlier of (i)&nbsp;the 60th calendar day (or 90th calendar day if the Commission notifies the Company
that it will &ldquo;review&rdquo; the Registration Statement) following the Closing and (ii)&nbsp;the 10th business day after the date
the Company is notified (orally or in writing, whichever is earlier) by the Commission that the Registration Statement will not be &ldquo;reviewed&rdquo;
or will not be subject to further review (such earlier date, the &ldquo;<B>Effective Date</B>&rdquo;). If at any time a Registration Statement
filed with the Commission pursuant to&nbsp;subsection 2.1.1&nbsp;is effective and a Holder provides written notice to the Company that
it intends to effect an offering of all or part of the Registrable Securities included on such Registration Statement, the Company will
use its commercially reasonable efforts to amend or supplement such Registration Statement as may be necessary in order to enable such
offering to take place in accordance with the terms of this Agreement.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">2.1.3 <B>Subsequent Shelf Registration</B>. If
any Registration Statement ceases to be effective under the Securities Act for any reason at any time while Registrable Securities are
still outstanding, the Company shall, subject to&nbsp;Section&nbsp;3.4, use its commercially
reasonable efforts to as promptly as is reasonably practicable cause such Registration Statement to again become effective under the Securities
Act (including using its commercially reasonable efforts to obtain the prompt withdrawal of any order suspending the effectiveness of
such Registration Statement), and shall use its commercially reasonable efforts to as promptly as is reasonably practicable amend such
Registration Statement in a manner reasonably expected to result in the withdrawal of any order suspending the effectiveness of such Registration
Statement or file an additional Registration Statement as a Shelf Registration (a &ldquo;<B>Subsequent Shelf Registration Statement</B>&rdquo;)
registering the resale of all Registrable Securities (determined as of two (2)&nbsp;business days prior to such filing), and pursuant
to the Plan of Distribution, and requested by, any Holder named therein. If a Subsequent Shelf Registration Statement is filed, the Company
shall use its commercially reasonable efforts to (i)&nbsp;cause such Subsequent Shelf Registration Statement to become effective under
the Securities Act as promptly as is reasonably practicable after the filing thereof (it being agreed that the Subsequent Shelf Registration
Statement shall be an automatic shelf registration statement (as defined in Rule&nbsp;405 promulgated under the Securities Act) if the
Company is a well-known seasoned issuer (as defined in Rule&nbsp;405 promulgated under the Securities Act) at the most recent applicable
eligibility determination date) and (ii)&nbsp;keep such Subsequent Shelf Registration Statement continuously effective, available for
use to permit the Holders named therein to sell their Registrable Securities included therein and in compliance with the provisions of
the Securities Act until such time as there are no longer any Registrable Securities outstanding. Any such Subsequent Shelf Registration
Statement shall be a Registration Statement on Form S-3 to the extent that the Company is eligible to use such form. Otherwise, such Subsequent
Shelf Registration Statement shall be on another appropriate form. The Company&rsquo;s obligation under this&nbsp;subsection 2.1.3, shall,
for the avoidance of doubt, be subject to&nbsp;Section&nbsp;3.4.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">2.1.4 <B>Additional Registrable
Securities</B>. Subject to&nbsp;Section&nbsp;3.4, in the event that any Holder holds Registrable Securities that are
not registered for resale on a delayed or continuous basis, the Company, upon written request of the Sponsor or a Holder, shall promptly
use its commercially reasonable efforts to cause the resale of such Registrable Securities to be covered, at the Company&rsquo;s option,
by any then available Registration Statement (including by means of a post-effective amendment) or by filing a Subsequent Shelf Registration
Statement and cause the same to become effective as soon as practicable after such filing and such Registration Statement or Subsequent
Shelf Registration Statement shall be subject to the terms hereof;&nbsp;provided,&nbsp;however, that the Company shall only be required
to cause such Registrable Securities to be so covered twice per calendar year for each of the Sponsor and the Holders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">2.1.5 <B>Underwritten Offering</B>. Subject
to the provisions of&nbsp;subsection 2.1.6&nbsp;and&nbsp;Section&nbsp;2.5&nbsp;of this Agreement, the Sponsor, a Holder or group of Holders
(any of the Sponsor, Holder or group of Holders being in such case, a &ldquo;<B>Demanding Holder</B>&rdquo;) may make a written demand
for an Underwritten Offering pursuant to a Registration Statement filed with the Commission in accordance with&nbsp;subsection&nbsp;2.1.1&nbsp;of
this Agreement (an &ldquo;<B>Underwritten Demand</B>&rdquo;);&nbsp;provided, that the Company shall only be obligated to effect an Underwritten
Offering if such offering shall include Registrable Securities proposed to be sold by the Demanding Holder, either individually or together
with other Demanding Holders, with a total offering price reasonably expected to exceed, in the aggregate, $50&nbsp;million (the &ldquo;<B>Minimum
Underwritten Offering Threshold</B>&rdquo;). The Demanding Holder shall have the responsibility to engage an underwriter(s) (which shall
consist of one (1)&nbsp;or more reputable nationally or regionally recognized investment banks);&nbsp;provided&nbsp;that such selection
shall be subject to the consent of the Company. The Company shall have no responsibility for engaging any underwriter(s) for an Underwritten
Offering. The Company shall, within five (5)&nbsp;business days of the Company&rsquo;s receipt of the Underwritten Demand, notify, in
writing, all other Holders of such demand, and each Holder who thereafter requests to include all or a portion of such Holder&rsquo;s
Registrable Securities in such Underwritten Offering pursuant to such Underwritten Demand (each such Holder, a &ldquo;<B>Requesting Holder</B>&rdquo;)
shall so notify the Company, in writing, within two (2)&nbsp;days (one (1)&nbsp;day if such offering is an overnight or bought Underwritten
Offering) after the receipt by such Holder of the notice from the Company. Upon receipt by the Company of any such written notification
from a Requesting Holder(s), such Requesting Holder(s) shall be entitled to have their Registrable Securities included in such Underwritten
Offering pursuant to such Underwritten Demand. In such event, the right of any Holder or Requesting Holder to registration pursuant to
this&nbsp;subsection 2.1.5, shall be conditioned upon such Holder&rsquo;s or Requesting Holder&rsquo;s participation in such underwriting and the inclusion
of such Holder&rsquo;s or Requesting Holder&rsquo;s Registrable Securities in the underwriting to the extent provided herein. All such
Holders or Requesting Holders proposing to distribute their Registrable Securities through such Underwritten Offering under this&nbsp;subsection
2.1.5&nbsp;shall enter into an underwriting agreement in customary form with the Underwriter(s) selected for such Underwritten Offering
by the Demanding Holders initiating such Underwritten Offering. Notwithstanding the foregoing, the Company is not obligated to effect
more than an aggregate of three (3)&nbsp;Underwritten Offerings demanded by the Holders pursuant to this&nbsp;subsection 2.1.5&nbsp;and
is not obligated to effect an Underwritten Offering pursuant to this&nbsp;subsection&nbsp;2.1.5&nbsp;within ninety (90) days after the
closing of an Underwritten Offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">2.1.6 <B>Reduction of Underwritten
Offering</B>. If the managing Underwriter or Underwriters in an Underwritten Offering, pursuant to an Underwritten Demand,
in good faith, advises or advise the Company, the Demanding Holders, the Requesting Holders and other persons or entities holding Registrable
Securities or other equity securities of the Company that were requested to be included in such Underwritten Offering, taken together
with all other shares of Common Stock or other securities which the Company desires to sell and the shares of Common Stock or other securities,
if any, as to which registration has been requested pursuant to written contractual piggyback registration rights held by other equity
holders of the Company who desire to sell (if any) that the dollar amount or number of Registrable Securities or other equity securities
of the Company requested to be included in such Underwritten Offering exceeds the maximum dollar amount or maximum number of equity securities
of the Company that can be sold in the Underwritten Offering without adversely affecting the proposed offering price, the timing, the
distribution method or the probability of success of such offering (such maximum dollar amount or maximum number of such securities, as
applicable, the &ldquo;<B>Maximum Number of Securities</B>&rdquo;), then the Company shall include in such Underwritten Offering, as follows:
(i)&nbsp;first, the Registrable Securities of the Demanding Holders (pro&nbsp;rata based on the respective number of Registrable Securities
that each Demanding Holder has requested be included in such Underwritten Offering, regardless of the number of shares held by each such
person and the aggregate number of Registrable Securities that the Demanding Holders have requested be included in such Underwritten Offering
(such proportion is referred to herein as &ldquo;<B>Pro Rata</B>&rdquo;)) that can be sold without exceeding the Maximum Number of Securities;
(ii)&nbsp;second, to the extent that the Maximum Number of Securities has not been reached under the foregoing&nbsp;clause (i), the Registrable
Securities of the Requesting Holders, Pro Rata, which can be sold without exceeding the Maximum Number of Securities; (iii)&nbsp;third,
to the extent that the Maximum Number of Securities has not been reached under the foregoing&nbsp;clauses (i)&nbsp;and&nbsp;(ii), the
shares of Common Stock or other equity securities of the Company that the Company desires to sell and that can be sold without exceeding
the Maximum Number of Securities; and (iv)&nbsp;fourth, to the extent that the Maximum Number of Securities has not been reached under
the foregoing&nbsp;clauses (i),&nbsp;(ii)&nbsp;and&nbsp;(iii), the shares of Common Stock or other equity securities of the Company held
by other persons or entities that the Company is obligated to include pursuant to separate written contractual arrangements with such
persons or entities and that can be sold without exceeding the Maximum Number of Securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">2.1.7 <B>Withdrawal</B>. Prior
to the filing of the applicable &ldquo;red herring&rdquo; prospectus or prospectus supplement used for marketing such Underwritten Offering,
a majority-in-interest of the Demanding Holders initiating an Underwritten Offering shall have the right to withdraw from such Underwritten
Offering for any or no reason whatsoever upon written notification (a &ldquo;<B>Withdrawal Notice</B>&rdquo;) to the Company and the Underwriter
or Underwriters (if any) of their intention to withdraw from such Underwritten Offering, prior to the public announcement of the Underwritten
Offering by the Company; provided that the Sponsor or a Holder may elect to have the Company continue an Underwritten Offering if the
Minimum Underwritten Offering Threshold would still be satisfied by the Registrable Securities proposed to be sold in the Underwritten
Offering by the Sponsor, the Holders or any of their respective Permitted Transferees, as applicable. If withdrawn, a demand for an Underwritten
Offering shall constitute a demand for an Underwritten Offering by the withdrawing Demanding Holder for purposes of&nbsp;subsection 2.1.6,
unless such Demanding Holder has not previously withdrawn any Underwritten Offering and such Demanding Holder reimburses the Company for
all Registration Expenses with respect to such Underwritten Offer (or, if there is more than one Demanding Holder, a pro&nbsp;rata portion
of such Registration Expenses based on the respective number of Registrable Securities that each Demanding Holder has requested be included
in such Underwritten Offering); provided that, if the Sponsor or a Holder elects to continue an Underwritten
Offering pursuant to the proviso in the immediately preceding sentence, such Underwritten Offering shall instead count as an Underwritten
Offering demanded by the Sponsor or such Holder, as applicable, for purposes of&nbsp;subsection 2.1.6. Following the receipt of any Withdrawal
Notice, the Company shall promptly forward such Withdrawal Notice to any other Holders that had elected to participate in such Underwritten
Offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">2.2 <B>Piggyback Registration</B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">2.2.1 <B>Piggyback Rights</B>. Subject
to the provisions of&nbsp;subsection 2.2.2&nbsp;and&nbsp;Section&nbsp;2.5&nbsp;hereof, if, at any time on or after the date the Company
consummates a Business Combination, the Company proposes to consummate an Underwritten Offering for its own account or for the account
of stockholders of the Company, (i)&nbsp;pursuant to Section&nbsp;2.1, or (ii)&nbsp;for an offering of debt that is convertible into equity
securities of the Company, then the Company shall give written notice of such proposed action to all of the Holders as soon as practicable,
which notice shall (x)&nbsp;describe the amount and type of securities to be included, the intended method(s) of distribution and the
name of the proposed managing Underwriter or Underwriters, if any, and (y)&nbsp;offer to all of the Holders the opportunity to include
such number of Registrable Securities as such Holders may request in writing within two (2)&nbsp;days (unless such offering is an overnight
or bought Underwritten Offering, then one (1)&nbsp;day), in each case after receipt of such written notice (such Registration a &ldquo;<B>Piggyback
Registration</B>&rdquo;). The Company shall, in good faith, cause such Registrable Securities to be included in such Piggyback Registration
and shall use its commercially reasonable efforts to cause the managing Underwriter or Underwriters of a proposed Underwritten Offering
to permit the Registrable Securities requested by the Holders pursuant to this&nbsp;subsection 2.2.1&nbsp;to be included in a Piggyback
Registration on the same terms and conditions as any similar securities of the Company included in such Piggyback Registration and to
permit the resale or other disposition of such Registrable Securities in accordance with the intended method(s) of distribution thereof.
All such Holders proposing to include Registrable Securities in an Underwritten Offering under this&nbsp;subsection 2.2.1&nbsp;shall enter
into an underwriting agreement in customary form with the Underwriter(s) selected for such Underwritten Offering by the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">2.2.2 <B>Reduction of Piggyback
Registration</B>. If the managing Underwriter or Underwriters in an Underwritten Offering that is to be a Piggyback Registration,
in good faith, advises the Company and the Holders of Registrable Securities participating in the Piggyback Registration in writing that
the dollar amount or number of shares of equity securities of the Company that the Company desires to sell, taken together with (i)&nbsp;the
shares of equity securities of the Company, if any, as to which the Underwritten Offering has been demanded pursuant to separate written
contractual arrangements with persons or entities other than the Holders of Registrable Securities hereunder, (ii)&nbsp;the Registrable
Securities as to which a Piggyback Registration has been requested pursuant to&nbsp;Section&nbsp;2.2&nbsp;of this Agreement and (iii)&nbsp;the
shares of equity securities of the Company, if any, as to which inclusion in the Underwritten Offering has been requested pursuant to
separate written contractual piggyback registration rights of other stockholders of the Company, exceeds the Maximum Number of Securities,
then:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">(a) If the Underwritten Offering
is undertaken for the Company&rsquo;s account, the Company shall include in any such Underwritten Offering (A)&nbsp;first, the shares
of Common Stock or other equity securities of the Company that the Company desires to sell, which can be sold without exceeding the Maximum
Number of Securities; (B)&nbsp;second, to the extent that the Maximum Number of Securities has not been reached under the foregoing&nbsp;clause
(A), the Registrable Securities of Holders requesting a Piggyback Registration pursuant to&nbsp;subsection 2.2.1&nbsp;of this Agreement,
Pro Rata, which can be sold without exceeding the Maximum Number of Securities; and (C)&nbsp;third, to the extent that the Maximum Number
of Securities has not been reached under the foregoing&nbsp;clauses (A)&nbsp;and&nbsp;(B), the shares of Common Stock or other equity
securities of the Company, if any, as to which inclusion in the Underwritten Offering has been requested pursuant to written contractual
piggyback registration rights of other stockholders of the Company, which can be sold without exceeding the Maximum Number of Securities;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">(b) If the Underwritten Offering
is pursuant to a request by persons or entities other than the Holders of Registrable Securities, then the Company shall include in any
such Underwritten Offering (A)&nbsp;first, the shares of Common Stock or other equity securities of the Company, if any, of such requesting
persons or entities, other than the Holders, which can be sold without exceeding the Maximum Number of Securities; (B)&nbsp;second, to the
extent that the Maximum Number of Securities has not been reached under the foregoing&nbsp;clause (A), the Registrable Securities of Holders
requesting a Piggyback Registration pursuant to&nbsp;subsection 2.2.1&nbsp;of this Agreement, Pro Rata, which can be sold without exceeding
the Maximum Number of Securities; (C)&nbsp;third, to the extent that the Maximum Number of Securities has not been reached under the foregoing&nbsp;clauses
(A)&nbsp;and&nbsp;(B), the shares of Common Stock or other equity securities of the Company that the Company desires to sell, which can
be sold without exceeding the Maximum Number of Securities; and (D)&nbsp;fourth, to the extent that the Maximum Number of Securities has
not been reached under the foregoing&nbsp;clauses (A),&nbsp;(B), and&nbsp;(C), the shares of Common Stock or other equity securities of
the Company for the account of other persons or entities that the Company is obligated to register pursuant to separate written contractual
arrangements with such persons or entities, which can be sold without exceeding the Maximum Number of Securities; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">(c) If the Underwritten Offering
is pursuant to a request by Holder(s) of Registrable Securities pursuant to&nbsp;Section&nbsp;2.1&nbsp;hereof, then the Company shall
include in any such Registration or registered offering securities in the priority set forth in&nbsp;subsection 2.1.6.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">2.2.3 <B>Piggyback Registration
Withdrawal</B>. Any Holder of Registrable Securities (other than a Demanding Holder, whose right to withdraw from an
Underwritten Offering, and related obligations, shall be governed by&nbsp;subsection 2.1.7) shall have the right to withdraw from a Piggyback
Registration upon written notification to the Company and the Underwriter or Underwriters (if any) of his, her or its intention to withdraw
from such Piggyback Registration prior to the commencement of the Underwritten Offering. Notwithstanding anything to the contrary in this
Agreement, the Company shall be responsible for the Registration Expenses incurred in connection with the Piggyback Registration prior
to its withdrawal under this&nbsp;subsection 2.2.3. The Company (whether on its own good faith determination or as a result of a withdrawal
by persons making a demand pursuant to written contractual obligations) may withdraw an Underwritten Offering undertaken for the Company&rsquo;s
account at any time prior to the effectiveness of such Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">2.2.4 <B>Unlimited Piggyback Registration
Rights</B>. For purposes of clarity, subject to&nbsp;subsection&nbsp;2.1.7, any Piggyback Registration or Underwritten
Offering effected pursuant to&nbsp;Section&nbsp;2.2&nbsp;of this Agreement shall not be counted as an Underwritten Offering pursuant to
an Underwritten Demand effected under&nbsp;Section&nbsp;2.1&nbsp;of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">2.3 <B>Market Stand-off</B>. In
connection with any Underwritten Offering of equity securities of the Company (other than a Block Trade or Other Coordinated Offering),
if requested by the managing Underwriters, each Holder of Registrable Securities that participates and sells Registrable Securities in
such Underwritten Offering agrees that it shall not Transfer any shares of Common Stock or other equity securities of the Company (other
than those included in such offering pursuant to this Agreement), without the prior written consent of the Company, during the ninety
(90)-day period (or such shorter time agreed to by the managing Underwriters) beginning on the date of pricing of such offering, except
as expressly permitted by such lock-up agreement or in the event the managing Underwriters otherwise agree by written consent. Each such
Holder that participates and sells Registrable Securities in such Underwritten Offering agrees to execute a customary lock-up agreement
in favor of the Underwriters to such effect (in each case on substantially the same terms and conditions as all such Holders that execute
a lock-up agreement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">2.4 <B>Block Trades and Other Coordinated Offerings</B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">2.4.1 Notwithstanding any other
provision of this&nbsp;Article&nbsp;II, but subject to&nbsp;Section&nbsp;3.4, at any time and from time to time when an effective Registration
Statement is on file with the Commission, if a Demanding Holder wishes to engage in (a)&nbsp;an underwritten registered offering not involving
a &ldquo;roadshow&rdquo;&thinsp;&mdash;&thinsp;an offer commonly known as a &ldquo;block trade&rdquo; (a
&ldquo;<B>Block Trade</B>&rdquo;)&thinsp;&mdash;&thinsp;or (b)&nbsp;an &ldquo;at the market&rdquo; or similar registered offering through
a broker, sales agent or distribution agent, whether as agent or principal, (an &ldquo;<B>Other Coordinated Offering</B>&rdquo;), in each
case, either (x)&nbsp;with a total offering price reasonably expected to exceed, in the aggregate, $25&nbsp;million or (y)&nbsp;involving
the proposed sale of all remaining Registrable Securities held by the Demanding Holder, then if such Demanding Holder requires any assistance
from the Company pursuant to this&nbsp;Section&nbsp;2.4, such Holder shall notify the Company of the Block Trade or Other Coordinated
Offering at least five (5)&nbsp;business days prior to the day such offering is to commence and the Company shall as expeditiously
as possible use its commercially reasonable efforts to facilitate such Block Trade or Other Coordinated Offering;&nbsp;provided&nbsp;that
the Demanding Holders representing a majority of the Registrable Securities wishing to engage in the Block Trade or Other Coordinated
Offering shall use commercially reasonable efforts to work with the Company and any Underwriters or brokers, sales agents or placement
agents (each, a &ldquo;<B>Financial Counterparty</B>&rdquo;) (including by disclosing the maximum number of Registrable Securities proposed
to be the subject of such Block Trade or Other Coordinated Offering) prior to making such request in order to facilitate preparation of
the registration statement, prospectus and other offering documentation related to the Block Trade or Other Coordinated Offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">2.4.2 Prior to the filing of the
applicable &ldquo;red herring&rdquo; prospectus or prospectus supplement used in connection with a Block Trade or Other Coordinated Offering,
a majority-in interest of the Demanding Holders initiating such Block Trade or Other Coordinated Offering shall have the right to submit
a Withdrawal Notice to the Company, the Underwriter or Underwriters (if any) and Financial Counterparty (if any) of their intention to
withdraw from such Block Trade or Other Coordinated Offering. Notwithstanding anything to the contrary in this Agreement, the Company
shall be responsible for the Registration Expenses incurred in connection with a Block Trade or Other Coordinated Offering prior to its
withdrawal under this&nbsp;subsection 2.4.2&nbsp;in the first instance of any such withdrawal; provided, that the Holder shall be responsible
for the Registration Expenses incurred in connection with a Block Trade prior to any subsequent withdrawal under this&nbsp;subsection
2.4.2.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">2.4.3 Notwithstanding anything
to the contrary in this Agreement,&nbsp;Section&nbsp;2.2&nbsp;shall not apply to a Block Trade or Other Coordinated Offering initiated
by a Demanding Holder pursuant to this Section&nbsp;2.4.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">2.4.4 The Demanding Holder in a
Block Trade or Other Coordinated Offering shall have the right to select the Underwriters and Financial Counterparty (if any) for such
Block Trade or Other Coordinated Offering (in each case, which shall consist of one or more reputable nationally recognized investment
banks),&nbsp;<I>provided</I>, that such selection shall be subject to the consent of the Company, which consent shall not be unreasonably
withheld, conditioned or delayed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">2.4.5 A Holder in the aggregate
may demand no more than two (2)&nbsp;Block Trades or Other Coordinated Offerings pursuant to this&nbsp;Section&nbsp;2.4&nbsp;in any twelve
(12) month period. For the avoidance of doubt, any Block Trade or Other Coordinated Offering effected pursuant to this&nbsp;Section&nbsp;2.4&nbsp;shall
not be counted as a demand for an Underwritten Offering pursuant to&nbsp;subsection 2.1.5&nbsp;hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">2.5 <B>Restrictions on Registration
Rights</B>. If (A)&nbsp;during the period starting with the date sixty (60) days prior to the Company&rsquo;s good faith
estimate of the date of the filing of, and ending on a date one hundred and twenty (120) days after the effective date of, a Company initiated
Registration and provided that the Company has delivered written notice to the Holders prior to receipt of a Demand Registration pursuant
to subsection 2.2.1 and it continues to actively employ, in good faith, all reasonable efforts to cause the applicable Registration Statement
to become effective; (B)&nbsp;the Holders have requested an Underwritten Registration and the Company and the Holders are unable to obtain
the commitment of underwriters to firmly underwrite the offer; or (C)&nbsp;in the good faith judgment of the Board such Underwritten Offering
would be seriously detrimental to the Company and the Board concludes as a result that it is essential to defer the undertaking of such
Underwritten Offering at such time, then in each case, as applicable, the Company shall furnish to such Holders a certificate signed by
the Chairman of the Board stating the applicable reason(s) set forth in Clauses (A)&nbsp;through (C)&nbsp;above underlying the Company&rsquo;s
decision to defer the undertaking of such Underwritten Offering. In such event, the Company shall have the right to defer such offering
for a period of not more than one hundred twenty (120) days;&nbsp;provided,&nbsp;however, that the Company shall not defer its obligations
in this manner more than once in any twelve (12) month period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE III<BR>
COMPANY PROCEDURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">3.1 <B>General Procedures</B>. In
connection with effecting any Underwritten Offering, Block Trade, and/or Other Coordinated Offering, subject to applicable law and any
regulations promulgated by any securities exchange on which the Company&rsquo;s equity securities are then listed, each as interpreted
by the Company with the advice of its counsel, the Company shall use its commercially
reasonable efforts to effect such Registration or Underwritten Offering to permit the resale or other disposition of such Registrable
Securities in accordance with the intended plan of distribution thereof (and including all manners of distribution in such Registration
Statement as Holders may reasonably request in connection with the filing of such Registration Statement and as permitted by law, including
distribution of Registrable Securities to a Holder&rsquo;s members, securityholders or partners), and pursuant thereto the Company shall,
as expeditiously as possible and to the extent applicable:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">3.1.1 prepare and file with the
Commission after the consummation of the Business Combination a Registration Statement with respect to such Registrable Securities and
use its reasonable best efforts to cause such Registration Statement to become effective in accordance with&nbsp;Section&nbsp;2.1, including
filing a replacement Registration Statement, if necessary, and remain effective until all Registrable Securities covered by such Registration
Statement have been sold or are no longer outstanding (such period, the &ldquo;<B>Effectiveness Period</B>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">3.1.2 prepare and file with the
Commission such amendments and post-effective amendments to the Registration Statement, and such supplements to the Prospectus, (a)&nbsp;as
may be reasonably requested by any Holder that holds at least five&nbsp;percent (5%) of the Registrable Securities registered on such
Registration Statement, any Underwriter, or (b)&nbsp;as may be required by the rules, regulations or instructions applicable to the registration
form used by the Company or by the Securities Act or rules and regulations thereunder to keep the Registration Statement effective until
all Registrable Securities covered by such Registration Statement are sold in accordance with the plan of distribution provided by the
Holders and as set forth in such Registration Statement or supplement to the Prospectus or are no longer outstanding;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">3.1.3 prior to filing a Registration
Statement or Prospectus, or any amendment or supplement thereto, furnish without charge to the Underwriters, if any, and the Holders of
Registrable Securities included in such Registration or Underwritten Offering, and such Holders&rsquo; legal counsel, copies of such Registration
Statement as proposed to be filed, each amendment and supplement to such Registration Statement (in each case including all exhibits thereto
and documents incorporated by reference therein), the Prospectus (including each preliminary Prospectus) and such other documents as the
Underwriters and the Holders of Registrable Securities included in such Registration or Underwritten Offering or the legal counsel for
any such Holders may reasonably request in order to facilitate the disposition of the Registrable Securities owned by such Holders;&nbsp;provided&nbsp;that
the Company will not have any obligation to provide any document pursuant to this&nbsp;subsection 3.1.3&nbsp;that is available on the
Commission&rsquo;s EDGAR system;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">3.1.4 prior to any Underwritten
Offering of Registrable Securities, use its commercially reasonable efforts to (i)&nbsp;register or qualify the Registrable Securities
covered by the Registration Statement under such securities or &ldquo;blue sky&rdquo; laws of such jurisdictions in the United States
as the Holders of Registrable Securities included in such Registration Statement (in light of their intended plan of distribution) may
request (or provide evidence satisfactory to such Holders that the Registrable Securities are exempt from such registration or qualification)
and (ii)&nbsp;take such action necessary to cause such Registrable Securities covered by the Registration Statement to be registered with
or approved by such other governmental authorities as may be necessary by virtue of the business and operations of the Company and do
any and all other acts and things that may be necessary or advisable to enable the Holders of Registrable Securities included in such
Registration Statement to consummate the disposition of such Registrable Securities in such jurisdictions;&nbsp;provided,&nbsp;however,
that the Company shall not be required to qualify generally to do business in any jurisdiction where it would not otherwise be required
to qualify or take any action to which it would be subject to general service of process or taxation in any such jurisdiction where it
is not then otherwise so subject;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">3.1.5 cause all such Registrable
Securities to be listed on each national securities exchange or automated quotation system on which similar securities issued by the Company
are then listed;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 20pt">3.1.6 provide a transfer agent
or warrant agent, as applicable, and registrar for all such Registrable Securities no later than the effective date of such Registration
Statement or Underwritten Offering;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">3.1.7 advise each seller of such
Registrable Securities, promptly after it shall receive notice or obtain knowledge thereof, of the issuance of any stop order by the Commission
suspending the effectiveness of such Registration Statement or the initiation or threatening of any proceeding for such purpose and promptly
use its commercially reasonable efforts to prevent the issuance of any stop order or to obtain its withdrawal if such stop order should
be issued;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">3.1.8 during the Effectiveness
Period, furnish a conformed copy of each filing of any Registration Statement or Prospectus or any amendment or supplement to such Registration
Statement or Prospectus or any document that is to be incorporated by reference into such Registration Statement or Prospectus, promptly
after such filing of such documents with the Commission to each seller of such Registrable Securities or its counsel;&nbsp;provided&nbsp;that
the Company will not have any obligation to provide any document pursuant to this&nbsp;subsection 3.1.8&nbsp;that is available on the
Commission&rsquo;s EDGAR system;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">3.1.9 notify the Holders at any
time when a Prospectus relating to such Registration Statement is required to be delivered under the Securities Act, of the happening
of any event as a result of which the Prospectus included in such Registration Statement, as then in effect, includes a Misstatement,
and then to correct such Misstatement as set forth in&nbsp;Section&nbsp;3.4&nbsp;of this Agreement;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">3.1.10 in the event of an Underwritten
Offering, a Block Trade, an Other Coordinated Offering, or sale by a Financial Counterparty pursuant to such Registration, permit a representative
of the Holders (such representative to be selected by a majority of the Holders), the Underwriters, or other financial institutions facilitating
such Underwritten Offering, Block Trade, Other Coordinated Offering or other sale pursuant to such Registration, if any, and any attorney,
consultant or accountant retained by such Holders or Underwriter to participate, at each such person&rsquo;s or entity&rsquo;s own expense,
in the preparation of the Registration Statement or the Prospectus, and cause the Company&rsquo;s officers, directors and employees to
supply all information reasonably requested by any such representative, Underwriter, financial institution, attorney, consultant or accountant
in connection with the Registration;&nbsp;provided,&nbsp;however, that such representatives or Underwriters or financial institutions
agree to confidentiality arrangements in form and substance reasonably satisfactory to the Company, prior to the release or disclosure
of any such information;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">3.1.11 obtain a comfort letter
from the Company&rsquo;s independent registered public accountants in the event of an Underwritten Offering, a Block Trade or sale by
a Financial Counterparty pursuant to such Registration (subject to such Financial Counterparty providing such certification or representation
reasonably requested by the Company&rsquo;s independent registered public accountants and the Company&rsquo;s counsel), in customary form
and covering such matters of the type customarily covered by comfort letters as the managing Underwriter or other similar type of sales
agent or placement agent may reasonably request, and reasonably satisfactory to a majority-in-interest of the participating Holders;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">3.1.12 in the event of an Underwritten
Offering, a Block Trade, an Other Coordinated Offering or sale by a Financial Counterparty pursuant to such Registration, on the date
the Registrable Securities are delivered for sale pursuant to such Registration, obtain an opinion, dated such date, of counsel representing
the Company for the purposes of such Registration, addressed to the Financial Counterparty, if any, and the Underwriters, if any, covering
such legal matters with respect to the Registration in respect of which such opinion is being given as the Financial Counterparty or Underwriter
may reasonably request and as are customarily included in such opinions and negative assurance letters, and reasonably satisfactory to
such Financial Counterparty or Underwriter;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">3.1.13 in the event of an Underwritten
Offering or a Block Trade, or an Other Coordinated Offering or sale by a Financial Counterparty pursuant to such Registration to which
the Company has consented, to the extent reasonably requested by such Financial Counterparty in order to engage in such offering, allow
the Financial Counterparty to conduct customary &ldquo;underwriter&rsquo;s due diligence&rdquo; with respect to the Company;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">3.1.14 in the event of any Underwritten
Offering, a Block Trade, an Other Coordinated Offering or sale by a Financial Counterparty pursuant to such Registration, enter into and
perform its obligations under an underwriting or other purchase or sales agreement, in usual and customary form, with the managing Underwriter
or the Financial Counterparty of such offering or sale;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">3.1.15 make available to its security
holders, as soon as reasonably practicable, an earnings statement covering the period of at least twelve (12) months beginning with the
first day of the Company&rsquo;s first full calendar quarter after the effective date of the Registration Statement which satisfies the
provisions of Section&nbsp;11(a) of the Securities Act and Rule&nbsp;158 thereunder (or any successor rule promulgated thereafter by the
Commission);</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">3.1.16 with respect to an Underwritten
Offering pursuant to&nbsp;subsection 2.1.5, use its commercially reasonable efforts to make available senior executives of the Company
to participate in customary &ldquo;road show&rdquo; presentations that may be reasonably requested by the Underwriter in any Underwritten
Offering; and</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">3.1.17 otherwise, in good faith,
cooperate reasonably with, and take such customary actions as may reasonably be requested by the participating Holders, consistent with
the terms of this Agreement, in connection with such Registration.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">Notwithstanding the foregoing, the Company shall
not be required to provide any documents or information to an Underwriter or Financial Counterparty if such Underwriter or Financial Counterparty
has not then been named with respect to the applicable Underwritten Offering or other offering involving a registration as an Underwriter
or Financial Counterparty, as applicable.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">3.2 <B>Registration Expenses</B>. Except
as otherwise set forth in this Agreement, the Registration Expenses in respect of all Registrations shall be borne by the Company. It
is acknowledged by the Holders that the Holders shall bear all incremental selling expenses relating to the sale of Registrable Securities,
such as Underwriters&rsquo; commissions and discounts, brokerage fees, Underwriter marketing costs and, other than as set forth in the
definition of &ldquo;Registration Expenses,&rdquo; all reasonable fees and expenses of any legal counsel representing the Holders, in
each case pro&nbsp;rata based on the number of Registrable Securities that such Holders have sold in such Registration.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">3.3 <B>Requirements for Participation
in Registration</B>. Notwithstanding anything in this Agreement to the contrary, if any Holder does not provide the Company
with its requested Holder Information within a reasonable amount of time after such request (and in any case not more than five (5)&nbsp;business
days), the Company may exclude such Holder&rsquo;s Registrable Securities from the applicable Registration Statement or Prospectus if
the Company determines, based on the advice of counsel, that such information is necessary to effect the registration and such Holder
continues thereafter to withhold such information. No person or entity may participate in any Underwritten Offering for equity securities
of the Company pursuant to a Registration initiated by the Company hereunder unless such person or entity (i)&nbsp;agrees to sell such
person&rsquo;s or entity&rsquo;s securities on the basis provided in any underwriting arrangements approved by the Company in the case
of an Underwritten Offering initiated by the Company, and approved by the Demanding Holders in the case of an Underwritten Offering initiated
by the Demanding Holders, and (ii)&nbsp;completes and executes all customary questionnaires, powers of attorney, indemnities, lock-up
agreements, underwriting agreements and other customary documents as may be reasonably required under the terms of such underwriting arrangements.
Subject to the minimum thresholds set forth in Sections&nbsp;2.1.5 and 2.4, the exclusion of a Holder&rsquo;s Registrable Securities as
a result of this Section&nbsp;3.3 shall not affect the registration of the other Registrable Securities to be included in such Registration.
The Company will use its commercially reasonable efforts to ensure that the underwriting agreement related to such Registration shall
provide that any liability of a Holder to any Underwriter or other person pursuant to such underwriting agreement (i)&nbsp;shall be limited
to liability arising from a breach of such Holder&rsquo;s representations and warranties thereto, (ii)&nbsp;will be several, and not joint
and several, and (iii)&nbsp;will be limited to the net proceeds (after deducting discounts and commission, but not expenses) received
by such Holder from the sale of such Holder&rsquo;s Registrable Securities pursuant to such underwriting agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">3.4 <B>Suspension of Sales; Adverse Disclosure; Restrictions
on Registration Rights</B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">3.4.1 Upon receipt of written notice
from the Company that a Registration Statement or Prospectus contains or includes a Misstatement, each of the Holders shall forthwith
discontinue disposition of Registrable Securities until he, she or it has received copies of a supplemented or amended Registration Statement
or Prospectus correcting the Misstatement (it being understood that the Company hereby covenants to prepare and file such supplement or
amendment as soon as practicable after the time of such notice), or until he, she or it is advised in
writing by the Company that the use of the Registration Statement or Prospectus may be resumed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">3.4.2 Subject to&nbsp;subsection
3.4.4, if the filing, initial effectiveness or continued use of a Registration Statement in respect of any Registration or Underwritten
Offering at any time would (a)&nbsp;require the Company to make an Adverse Disclosure, (b)&nbsp;require the inclusion in such Registration
Statement of financial statements that are unavailable to the Company for reasons beyond the Company&rsquo;s control, or (c)&nbsp;in the
good faith judgment of the Board, be seriously detrimental to the Company and the Board concludes as a result that it is essential to
defer such filing, initial effectiveness or continued use at such time, the Company may, upon giving prompt written notice of such action
to the Holders, delay the filing or initial effectiveness of, or suspend use of, such Registration Statement for the shortest period of
time determined in good faith by the Company to be necessary for such purpose. Notwithstanding the foregoing, the Company may delay or
suspend continued use of a Registration Statement or Prospectus in respect of a Registration or Underwritten Offering in order to file
and make effective a post-effective amendment to such Registration Statement in connection with the filing of the Company&rsquo;s Annual
Report on Form 10-K, and such suspension shall not be subject to the provisions of&nbsp;subsection 3.4.4. In the event the Company exercises
its rights under the preceding sentences in this&nbsp;Section&nbsp;3.4, the Holders agree to suspend, immediately upon their receipt of
the notices referred to in this&nbsp;Section&nbsp;3.4, their use of the Registration Statement or Prospectus in connection with any resale
or other disposition of Registrable Securities.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">3.4.3 Subject to&nbsp;subsection
3.4.4, (a)&nbsp;during the period starting with the date sixty (60) days prior to the Company&rsquo;s good faith estimate of the date
of the filing of, and ending on a date ninety (90) days after the effective date of, a Company-initiated Registration and&nbsp;provided&nbsp;that
the Company continues to actively employ, in good faith, all reasonable efforts to maintain the effectiveness of the applicable Registration
Statement, or (b)&nbsp;if, pursuant to&nbsp;subsection 2.1.5, Holders have requested an Underwritten Offering and the Company and Holders
are unable to obtain the commitment of underwriters to firmly underwrite such offering, the Company may, upon giving prompt written notice
of such action to the Holders, delay any other registered offering pursuant to&nbsp;subsection 2.1.5&nbsp;or&nbsp;Section&nbsp;2.4.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">3.4.4 The right to delay or suspend
any filing, initial effectiveness or continued use of a Registration Statement pursuant to&nbsp;subsection 3.4.2&nbsp;or a registered
offering pursuant to&nbsp;subsection 3.4.3&nbsp;shall be exercised by the Company on not more than two (2)&nbsp;occasions and, in the
aggregate, for not more than sixty (60) consecutive calendar days or more than one hundred-twenty (120) total calendar days in each case,
during any twelve (12)-month period.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">3.5 <B>Reporting Obligations</B>. As
long as any Holder shall own Registrable Securities, the Company, at all times while it shall be a reporting company under the Exchange
Act, covenants to file timely (or obtain extensions in respect thereof and file within the applicable grace period) all reports required
to be filed by the Company after the date hereof pursuant to Sections&nbsp;13(a) or 15(d) of the Exchange Act. The Company further covenants
that it shall take such further action as any Holder may reasonably request, all to the extent required from time to time to enable such
Holder to resell or otherwise dispose of shares of Registrable Securities held by such Holder without registration under the Securities
Act within the limitation of the exemptions provided by Rule&nbsp;144 promulgated under the Securities Act (or any successor rule promulgated
thereafter by the Commission), including providing any customary legal opinions. Upon the request of any Holder, the Company shall deliver
to such Holder a written certification of a duly authorized officer as to whether it has complied with such requirements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE IV<BR>
INDEMNIFICATION AND CONTRIBUTION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">4.1 <B>Indemnification</B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">4.1.1 The Company agrees to indemnify,
to the extent permitted by law, each Holder of Registrable Securities, its officers and directors and each person who controls such Holder
(within the meaning of the Securities Act) (collectively, the &ldquo;<B>Holder Indemnified Persons</B>&rdquo;) against all losses, claims,
damages, liabilities and reasonable out-of-pocket expenses (including reasonable outside attorneys&rsquo; fees and inclusive of all reasonable
attorneys&rsquo; fees arising out of the enforcement of each such persons&rsquo; rights under this&nbsp;Section&nbsp;4.1) as incurred arising out of
or resulting from any Misstatement or alleged Misstatement, except insofar as the same are caused by or contained or included in any information
furnished in writing to the Company by or on behalf of such Holder Indemnified Person specifically for use therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">4.1.2 In connection with any Registration
Statement in which a Holder of Registrable Securities is participating, such Holder shall furnish to the Company in writing such information
and affidavits as the Company reasonably requests for use in connection with any such Registration Statement or Prospectus (the &ldquo;<B>Holder
Information</B>&rdquo;) and, to the extent permitted by law, shall indemnify and hold harmless the Company, its officers, directors, employees,
advisors, agents, representatives and each person who controls the Company (within the meaning of the Securities Act) against all losses,
claims, damages, liabilities and expenses (including reasonable attorneys&rsquo; fees and inclusive of all reasonable attorneys&rsquo;
fees arising out of the enforcement of each such persons&rsquo; rights under this&nbsp;Section&nbsp;4.1) resulting from any Misstatement
or alleged Misstatement, but only to the extent that the same are made in reliance on and in conformity with information relating to the
Holder so furnished in writing to the Company by or on behalf of such Holder specifically for use therein;&nbsp;provided,&nbsp;however,
that the obligation to indemnify shall be several, not joint and several, among such Holders of Registrable Securities, and in no event
shall the liability of any selling Holder hereunder be greater in amount than the net proceeds received by such Holder from the sale of
Registrable Securities pursuant to such Registration Statement giving rise to such indemnification obligation.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">4.1.3 Any person or entity entitled
to indemnification herein shall (i)&nbsp;give prompt written notice to the indemnifying party of any claim with respect to which it seeks
indemnification (provided&nbsp;that the failure to give prompt notice shall not impair any person&rsquo;s right to indemnification hereunder
to the extent such failure has not materially prejudiced the indemnifying party) and (ii)&nbsp;unless in such indemnified party&rsquo;s
reasonable judgment a conflict of interest between such indemnified and indemnifying parties may exist with respect to such claim or there
may be reasonable defenses available to the indemnified party that are different from or additional to those available to the indemnifying
party, permit such indemnifying party to assume the defense of such claim with counsel reasonably satisfactory to the indemnified party.
If such defense is assumed, the indemnifying party shall not be subject to any liability for any settlement made by the indemnified party
without its consent (but such consent shall not be unreasonably withheld). An indemnifying party who is not entitled to, or elects not
to, assume the defense of a claim shall not be obligated to pay the fees and expenses of more than one counsel for all parties indemnified
by such indemnifying party with respect to such claim, unless in the reasonable judgment of any indemnified party a conflict of interest
may exist between such indemnified party and any other of such indemnified parties with respect to such claim. No indemnifying party shall,
without the consent of the indemnified party, not to be unreasonably withheld or delayed, consent to the entry of any judgment or enter
into any settlement which cannot be settled in all respects by the payment of money (and such money is so paid by the indemnifying party
pursuant to the terms of such settlement) or which settlement includes a statement or admission of fault and culpability on the part of
such indemnified party or which settlement does not include as an unconditional term thereof the giving by the claimant or plaintiff to
such indemnified party of a release from all liability in respect to such claim or litigation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">4.1.4 The indemnification provided
for under this Agreement shall remain in full force and effect regardless of any investigation made by or on behalf of the indemnified
party or any officer, director, employee, advisor, agent, representative, member or controlling person or entity of such indemnified party
and shall survive the transfer of securities. The Company and each Holder of Registrable Securities participating in an offering also
agrees to make such provisions as are reasonably requested by any indemnified party for contribution to such party in the event the Company&rsquo;s
or such Holder&rsquo;s indemnification is unavailable for any reason.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">4.1.5 If the indemnification provided
under&nbsp;Section&nbsp;4.1&nbsp;of this Agreement is held by a court of competent jurisdiction to be unavailable to an indemnified party
in respect of any losses, claims, damages, liabilities and expenses referred to herein, then the indemnifying party, in lieu of indemnifying
the indemnified party, shall to the extent permitted by law contribute to the amount paid or payable by the indemnified party as a result
of such losses, claims, damages, liabilities and expenses in such proportion as is appropriate to reflect the relative fault of the indemnifying
party and the indemnified party, as well as any other relevant equitable considerations. The relative fault of the indemnifying party
and indemnified party shall be determined by a court of law by reference to, among other things, whether the Misstatement or alleged Misstatement
relates to information supplied by such indemnifying party or such indemnified party and the indemnifying party&rsquo;s and indemnified
party&rsquo;s relative intent, knowledge, access to information and opportunity to correct or prevent such action;&nbsp;provided,&nbsp;however,
that the liability of any Holder under this&nbsp;subsection 4.1.5&nbsp;shall be limited to the amount of the net proceeds received by
such Holder in such offering giving rise to such liability. The amount paid or payable by a party as a result of the losses or other liabilities
referred to above shall be deemed to include, subject to the limitations set forth in&nbsp;subsections 4.1.1,&nbsp;4.1.2&nbsp;and&nbsp;4.1.3&nbsp;of
this Agreement, any reasonable legal or other fees, charges or expenses reasonably incurred by such party in connection with any investigation
or proceeding. The parties hereto agree that it would not be just and equitable if contribution pursuant to this&nbsp;subsection 4.1.5&nbsp;were
determined by pro&nbsp;rata allocation or by any other method of allocation, which does not take account of the equitable considerations
referred to in this&nbsp;subsection 4.1.5. No person guilty of fraudulent misrepresentation (within the meaning of Section&nbsp;11(f)
of the Securities Act) shall be entitled to contribution pursuant to this&nbsp;subsection 4.1.5&nbsp;from any person who was not guilty
of such fraudulent misrepresentation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE V<BR>
MISCELLANEOUS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">5.1 <B>Notices</B>. Any
notice or communication under this Agreement must be in writing and given by (i)&nbsp;deposit in the United States mail, addressed to
the party to be notified, postage prepaid and registered or certified with return receipt requested, (ii)&nbsp;delivery in person or by
courier service or sent by overnight mail via a reputable overnight carrier, in each case providing evidence of delivery or (iii)&nbsp;transmission
by facsimile or email. Each notice or communication that is mailed, delivered or transmitted in the manner described above shall be deemed
sufficiently given, served, sent, and received, in the case of mailed notices, on the third (3rd) business day following the date on which
it is mailed, in the case of notices delivered by courier service, hand delivery, or overnight mail at such time as it is delivered to
the addressee (with the delivery receipt or the affidavit of messenger) or at such time as delivery is refused by the addressee upon presentation,
and in the case of notices delivered by facsimile or email, at such time as it is successfully transmitted to the addressee. Any notice
or communication under this Agreement must be addressed, if to the Company, to: Zoomcar Holdings, Inc., Attention: Greg Moran, Chief Executive
Officer, or by email at: [&nbsp;&nbsp;&nbsp;&nbsp;], or if to any Holder, to the address of such Holder as it appears in the applicable
register for the Registrable Securities or such other address as may be designated in writing by such Holder (including on the signature
pages hereto). Any party may change its address for notice at any time and from time to time by written notice to the other parties hereto,
and such change of address shall become effective thirty (30) days after delivery of such notice as provided in this&nbsp;Section&nbsp;5.1.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">5.2 <B>Assignment; No Third Party Beneficiaries</B>.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">5.2.1 This Agreement and the rights,
duties and obligations of the Company and the Holders of Registrable Securities, as the case may be, hereunder may not be assigned or
delegated by the Company or the Holders of such Registrable Securities, as the case may be, in whole or in part, except in connection
with a Transfer of Registrable Securities by such Holder to a Permitted Transferee but only if such Permitted Transferee agrees to become
bound by the restrictions set forth in this Agreement.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">5.2.2 This Agreement and the provisions
hereof shall be binding upon and shall inure to the benefit of each of the parties and its successors.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">5.2.3 This Agreement shall not
confer any rights or benefits on any persons that are not parties hereto, other than as expressly set forth in this Agreement and&nbsp;Section&nbsp;5.2&nbsp;of
this Agreement.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">5.2.4 No assignment by any party
hereto of such party&rsquo;s rights, duties and obligations hereunder shall be binding upon or obligate the Company unless and until the
Company shall have received (i)&nbsp;written notice of such assignment as provided in&nbsp;Section&nbsp;5.1&nbsp;of this Agreement and
(ii)&nbsp;the written agreement of the assignee, in a form reasonably satisfactory to the Company, to be bound by the terms and provisions of this Agreement (which may be accomplished by an addendum
or certificate of joinder to this Agreement). Any transfer or assignment made other than as provided in this&nbsp;Section&nbsp;5.2&nbsp;shall
be null and void.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">5.3 <B>Counterparts</B>. This
Agreement may be executed in multiple counterparts (including facsimile or PDF counterparts), each of which shall be deemed an original,
and all of which together shall constitute the same instrument, but only one of which need be produced.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">5.4 <B>Adjustments</B>. If
there are any changes in the Common Stock as a result of share split, share dividend, combination or reclassification, or through merger,
consolidation, recapitalization or other similar event, appropriate adjustment shall be made in the provisions of this Agreement, as may
be required, so that the rights, privileges, duties and obligations under this Agreement shall continue with respect to the Common Stock
as so changed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">5.5 <B>Governing Law; Venue</B>. NOTWITHSTANDING
THE PLACE WHERE THIS AGREEMENT MAY BE EXECUTED BY ANY OF THE PARTIES HERETO, THE PARTIES EXPRESSLY AGREE THAT THIS AGREEMENT SHALL BE
GOVERNED BY AND CONSTRUED UNDER THE LAWS OF THE STATE OF NEW YORK AS APPLIED TO AGREEMENTS AMONG NEW YORK RESIDENTS ENTERED INTO AND TO
BE PERFORMED ENTIRELY WITHIN NEW YORK, WITHOUT REGARD TO THE CONFLICT OF LAW PROVISIONS OF SUCH JURISDICTION. ANY LEGAL SUIT, ACTION OR
PROCEEDING ARISING OUT OF OR BASED UPON THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY MAY BE INSTITUTED IN THE FEDERAL COURTS
OF THE UNITED STATES OR THE COURTS OF THE STATE OF NEW YORK, IN EACH CASE, LOCATED IN THE CITY AND COUNTY OF NEW YORK, AND EACH PARTY
IRREVOCABLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF SUCH COURTS IN ANY SUCH SUIT, ACTION OR PROCEEDING.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">5.6 <B>Trial by Jury</B>. EACH
PARTY HERETO ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT
ISSUES, AND, THEREFORE, EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW,
ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT TO ANY ACTION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION
WITH OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">5.7 <B>Amendments and Modifications</B>. Upon
the written consent of (i)&nbsp;the Company, (ii)&nbsp;the Holders of at least a majority in interest of the Registrable Securities held
by the Holders at the time in question and (iii)&nbsp;the Sponsor (provided that at the time of such consent, the Sponsor holds at least
25% of the amount of outstanding shares of Common Stock of the Company that it held at the Closing), compliance with any of the provisions,
covenants and conditions set forth in this Agreement may be waived, or any of such provisions, covenants or conditions may be amended
or modified;&nbsp;provided,&nbsp;however, that notwithstanding the foregoing, (a)&nbsp;any amendment hereto or waiver hereof that adversely
affects any Holder, solely in his, her or its capacity as a holder of the shares of capital stock of the Company, in a manner that is
materially different from the other Holders (in such capacity) shall require the consent of each such Holder so affected and (b)&nbsp;any
amendment or waiver hereof that adversely affects the rights expressly granted to the Sponsor shall require the consent of the Sponsor.
No course of dealing between any Holder or the Company and any other party hereto or any failure or delay on the part of a Holder or the
Company in exercising any rights or remedies under this Agreement shall operate as a waiver of any rights or remedies of any Holder or
the Company. No single or partial exercise of any rights or remedies under this Agreement by a party shall operate as a waiver or preclude
the exercise of any other rights or remedies hereunder or thereunder by such party.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">5.8 <B>Other Registration Rights</B>. The
Company represents and warrants that no person, other than a Holder, has any right to require the Company to register any securities of
the Company for sale or to include such securities of the Company in any Registration filed by the Company for the sale of securities
for its own account or for the account of any other person. Further, the Company represents and warrants that this Agreement supersedes
any other registration rights agreement or agreement with similar terms and conditions and in the event of a conflict between any such agreement
or agreements and this Agreement, the terms of this Agreement shall prevail.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">5.9 <B>Term</B>. This
Agreement shall terminate upon the earlier of (i)&nbsp;the fifth (5th) anniversary of the date of this Agreement and (ii)&nbsp;with respect
to any Holder, the date as of which such Holder ceases to hold any Registrable Securities. The provisions of&nbsp;Article&nbsp;IV&nbsp;shall
survive any termination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">5.10 <B>Holder Information</B>. Each
Holder agrees, if requested in writing, to represent to the Company the total number of Registrable Securities held by such Holder in
order for the Company to make determinations hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">5.11 <B>Additional Holders; Joinder</B>. In
addition to persons or entities who may become Holders pursuant to&nbsp;Section&nbsp;5.2&nbsp;hereof, subject to the prior written consent
of each of the Sponsor (so long as the Sponsor holds at least 25% of the amount of outstanding shares of Common Stock of the Company that
it held at the Closing) and each Holder (in each case, so long as such Holder (other than the Sponsor) and its affiliates hold, in the
aggregate, at least five&nbsp;percent (5%) of the outstanding shares of Common Stock of the Company), the Company may make any person
or entity who acquires Common Stock or rights to acquire Common Stock after the date hereof a party to this Agreement (each such person
or entity, an &ldquo;<B>Additional Holder</B>&rdquo;) by obtaining an executed joinder to this Agreement from such Additional Holder in
the form of&nbsp;Exhibit&nbsp;A&nbsp;attached hereto (a &ldquo;<B>Joinder</B>&rdquo;). Such Joinder shall specify the rights and obligations
of the applicable Additional Holder under this Agreement. Upon the execution and delivery and subject to the terms of a Joinder by such
Additional Holder, the Common Stock of the Company then owned, or underlying any rights then owned, by such Additional Holder (the &ldquo;<B>Additional
Holder Common Stock</B>&rdquo;) shall be Registrable Securities to the extent provided herein and therein and such Additional Holder shall
be a Holder under this Agreement with respect to such Additional Holder Common Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">5.12 <B>Severability</B>. It
is the desire and intent of the parties that the provisions of this Agreement be enforced to the fullest extent permissible under the
laws and public policies applied in each jurisdiction in which enforcement is sought. Accordingly, if any particular provision of this
Agreement shall be adjudicated by a court of competent jurisdiction to be invalid, prohibited or unenforceable for any reason, such provision,
as to such jurisdiction, shall be ineffective, without invalidating the remaining provisions of this Agreement or affecting the validity
or enforceability of this Agreement or affecting the validity or enforceability of such provision in any other jurisdiction. Notwithstanding
the foregoing, if such provision could be more narrowly drawn so as not to be invalid, prohibited or unenforceable in such jurisdiction,
it shall, as to such jurisdiction, be so narrowly drawn, without invalidating the remaining provisions of this Agreement or affecting
the validity or enforceability of such provision in any other jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">5.13 <B>Entire Agreement; Restatement</B>. This
Agreement constitutes the full and entire agreement and understanding between the parties with respect to the subject matter hereof and
supersedes all prior agreements and understandings relating to such subject matter. Upon the Closing, the Existing Registration Rights
Agreement shall no longer be of any force or effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[<I>Signature pages follow.</I>]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"><B>IN WITNESS WHEREOF</B>, the undersigned have
caused this Agreement to be executed as of the date first written above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>COMPANY:</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ZOOMCAR HOLDINGS, INC.</B>, a Delaware corporation</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Greg Moran</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp; </FONT></TD>
    <TD STYLE="font-size: 10pt; width: 35%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Greg Moran</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 60%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Executive Officer</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"><B>IN WITNESS WHEREOF</B>, the undersigned have
caused this Agreement to be executed as of the date first written above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>IOAC HOLDERS</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>INNOVATIVE International SPONSOR I LLC</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 35%; border-bottom: black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Mohan Ananda</FONT></TD>
    <TD STYLE="width: 60%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mohan Ananda</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Managing Member</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CANTOR FITZGERALD &amp; CO.</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Sage Kelly</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sage Kelly</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>J.V.B. FINANCIAL GROUP, LLC</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Jerry Serowik</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Jerry Serowik</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Managing Director</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ANANDA SMALL BUSINESS TRUST</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Mohan Ananda</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mohan Ananda</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Authorized Officer of the Trustee, LVN Enterprises, Inc.</FONT></TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt"><B>IN WITNESS WHEREOF</B>, the undersigned have
caused this Agreement to be executed as of the date first written above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ZOOMCAR HOLDERS</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">]</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 36%">&nbsp;</TD>
    <TD STYLE="width: 60%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ADDITIONAL ZOOMCAR HOLDERS</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">]</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SCHEDULE A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>IOAC Holders</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">INNOVATIVE INTERNATIONAL SPONSOR I LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">CANTOR FITZGERALD &amp; CO.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">J.V.B. FINANCIAL GROUP, LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">ANANDA SMALL BUSINESS TRUST</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Zoomcar Holders</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">[&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Additional Zoomcar Holders</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">[&nbsp;&nbsp;&nbsp;&nbsp;]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT A<BR>
REGISTRATION RIGHTS AGREEMENT JOINDER</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">The undersigned is executing and delivering this
joinder (this &ldquo;<B><I>Joinder</I></B>&rdquo;) pursuant to the Amended and Restated Registration Rights Agreement, dated as of [&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;], 2023 (as the same may hereafter be amended, the &ldquo;<B><I>Registration Rights Agreement</I></B>&rdquo;), among Zoomcar
Holdings, Inc., a Delaware corporation (the &ldquo;<B><I>Company</I></B>&rdquo;), and the other persons or entities named as parties therein.
Capitalized terms used but not otherwise defined herein shall have the meanings provided in the Registration Rights Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">By executing and delivering this Joinder to the
Company, and upon acceptance hereof by the Company upon the execution of a counterpart hereof, the undersigned hereby agrees to become
a party to, to be bound by, and to comply with the Registration Rights Agreement as a Holder of Registrable Securities in the same manner
as if the undersigned were an original signatory to the Registration Rights Agreement, and the undersigned&rsquo;s shares of Common Stock
shall be included as Registrable Securities under the Registration Rights Agreement to the extent provided therein;&nbsp;provided,&nbsp;however,
that the undersigned and its permitted assigns (if any) shall not have any rights as Holders, and the undersigned&rsquo;s (and its transferees&rsquo;)
shares of Common Stock shall not be included as Registrable Securities, for purposes of the Excluded Sections.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">Accordingly, the undersigned has executed and delivered
this Joinder as of the&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;day of&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,20.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 40%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Signature of Stockholder</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Print Name of Stockholder</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Its:</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Address:</FONT></TD>
    </TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Agreed and Accepted as of&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
20&numsp;&numsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Zoomcar Holdings, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 36%">&nbsp;</TD>
    <TD STYLE="width: 60%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Its:</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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