Exhibit 8
GOLDMAN SACHS & CO. LLC
J.P. MORGAN SECURITIES LLC
Duck Creek Technologies, Inc.
Public Offering of Common Stock
January 28, 2021
Disco (Guernsey) Holdings L.P. Inc.
East Wing, Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3PP
Dear Ladies and Gentlemen:
This letter is being delivered to you in connection with the lock-up letter dated August 7, 2020 (the “Lock-up Letter”), executed by you in connection with the initial public offering of shares of Common Stock, $0.01 par value (the “Common Stock”), of Duck Creek Technologies, Inc. (the “Company”), and your request for a release with respect to up to 684,000 additional shares of Common Stock (the “Shares”) to be sold by you in an underwritten public offering (the “Proposed Offering”), in addition to the 5,472,000 shares of Common Stock that were released by the letter dated January 26, 2021, in connection with the Proposed Offering (the “January 26 Lock-up Release”).
Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC hereby agree to release the transfer restrictions set forth in the Lock-up Letter, effective January 26, 2021, but only with respect to (i) the marketing of the Proposed Offering, including all actions or activities incidental thereto, and any public disclosures associated therewith and (ii) the sale of the Shares in the Proposed Offering.
Except as expressly released hereby and by the January 26 Lock-up Release, the Lock-up Letter shall remain in full force and effect. This letter and any claim, controversy or dispute arising under or related to this letter shall be governed by and construed in accordance with the laws of the State of New York applicable to agreements made and to be performed in such state.
[Signature pages follow]
| Yours very truly, | ||||
| GOLDMAN SACHS & CO. LLC | ||||
| By: | /s/ William Connolly | |||
| Name: William Connolly | ||||
| Title: Managing Director | ||||
| J.P. MORGAN SECURITIES LLC | ||||
| By: | /s/ Ilana Foni | |||
| Name: Ilana Foni | ||||
| Title: Vice President | ||||
cc: Duck Creek Technologies, Inc.
[Signature Page to Lock-up Waiver]
