Exhibit 10.1
EXECUTION VERSION
AMENDMENT NO. 1
TO SPONSOR SUPPORT AGREEMENT
This AMENDMENT NO. 1 TO SPONSOR SUPPORT AGREEMENT, dated as of January 7, 2019 (this “Amendment”), is made by and among Haymaker Sponsor, LLC, a Delaware limited liability company (together with its successors, the “Sponsor”), Haymaker Acquisition Corp., a Delaware corporation (“HYAC”), OneSpaWorld Holdings Limited, an international business company incorporated under the laws of the Commonwealth of The Bahamas (“Dory Parent”), and Steiner Leisure Limited, an international business company incorporated under the laws of the Commonwealth of The Bahamas (“Steiner Leisure”). Sponsor, HYAC, Dory Parent and Steiner Leisure shall be referred to herein from time to time collectively as the “Parties”. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Agreement (as defined below).
RECITALS
WHEREAS, the Parties have entered into that certain Sponsor Support Agreement, dated as of November 1, 2018 (as the same may be amended, restated, or otherwise modified from time to time in accordance with its terms, the “Agreement”);
WHEREAS, pursuant to Section 11 of the Agreement, the Agreement may be amended or modified only by a written agreement executed and delivered by the duly authorized offiers of the Parties; and
WHEREAS, each of the Parties has agreed to amend the Agreement to modify certain provisions thereof, as set forth herein.
NOW, THEREFORE, in consideration of the premises contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
1.Amendment to Introductory Paragraph of the Agreement. The penultimate sentence of the first paragraph of the Agreement is hereby amended by deleting such sentence in its entirety and replacing it with the following:
“Sponsor, HYAC, Dory Parent and Steiner Leisure shall be referred to herein from time to time collectively as the “Parties”.”
2.Amendment to Section 2 of the Agreement. Section 2 of the Agreement is hereby amended by (a) deleting the number “3,250,000” and replacing it with “3,650,000”, (b) deleting the number “5,006,581” and replacing it with “4,707,734”, (c) deleting the number “6,250,000” and replacing it with “6,650,000” and (d) deleting the number “2,000,000” and replacing it with “1,600,000”.
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