Exhibit 10.19
FIRST AMENDMENT TO
SPONSORSHIP AGREEMENT
Andretti Autosport Holding Company, Inc., an Indiana corporation with offices located at 7615 Zionsville Road, Indianapolis, Indiana, 46268 (“AA” or “Team”), and Zapata Computing, Inc., a Delaware corporation with offices located at100 Federal Street, Floor 20, Boston, MA 02110 (“Sponsor”), are parties to a Sponsorship Agreement (“Agreement”) effective February 10, 2022. Team and Sponsor wish to amend the Agreement as set forth in this First Amendment effective May 21, 2022 (“Effective Date”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Agreement. Team and Sponsor may also be referred to individually as a “Party” or collectively as the “Parties”.
RECITALS
WHEREAS the Parties wish to modify the Agreement to include the Primary Sponsor of the Car #28 at the 2022 Race at the Raceway at Belle Isle Park scheduled to occur on June 3-5, 2022; and
WHEREAS, the Parties have agreed to amend the Agreement accordingly as further set forth herein.
FIRST AMENDMENT
THEREFORE, in consideration of the mutual promises herein made, the Parties agree as follows:
| 1. | The following is added and shall appear in paragraph 1: |
“jj. Belle Isle means the 2022 Race at Belle Isle Park scheduled to occur on June 3-5, 2022.
kk. Car #28 means the Car #28 Entry driven by Car #28 Driver in the 2022 Belle Isle Race in the Series identified by Car #28 or such other car number as shall be designated by AA and/or the Series.
ll. Car #28 Driver means Romain Grosjean or such other individual as shall be designated by AA as the driver of Car #28 in the 2022 Belle Isle Race.
mm. Car #28 Entry means the combination of Car #28, race car, Car #28 Driver, team members, including but not limited to, all ancillary equipment and personnel required for participation in the 2022 Belle Isle Race.”
The rest of paragraph 1 shall remain unchanged.
| 2. | Paragraph 3 is deleted in its entirety and replaced with the following: |
“Sponsorship Designations, Rights and Benefits. Subject to the terms and conditions of this Agreement, AA hereby grants to Sponsor the sponsorship designations, rights, and opportunities during each year of the Term of the Agreement as described in Exhibits C, D, G, and H for use in Sponsor’s Activations.”
| 3. | The following is added and shall appear as the second paragraph in Paragraph 10: |
“Car #28 Driver Incapacity/Disaffiliation – Belle Isle Race. If the Car #28 Driver dies or becomes physically incapacitated or is not otherwise available due to illness or suspension as a result of a Series violation or infraction and unable to drive Car #28 in the Belle Isle Race, AA shall immediately notify Sponsor. AA shall replace such Car #28 Driver with a similarly qualified driver. In the event of a replacement of Car #28 Driver, Sponsor may elect to continue to use the name, likeness, etc. of the original Car #28 Driver throughout the remainder of the Term of the Agreement in which such incapacity or disaffiliation occurs, or it may elect to schedule a commercial shoot with the replacement Car #28 Driver. In no event shall Sponsor be required to pay any additional amount for any rights associated with the use of the name, likeness, biographical information or endorsement of a replacement Car #28 Driver. Sponsor acknowledges and agrees that the death or incapacity of Car #28 Driver shall not be construed
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