First Merger Sub means Function Acquisition I Corp, a Delaware corporation and a direct,
wholly owned subsidiary of the Company.
Forward Purchase Agreement means the Forward Purchase Agreement, dated as of January 13,
2021, by and between the Company and Crescent Capital, pursuant to which Crescent Capital has committed to purchase, subject to the terms and conditions set forth in the Forward Purchase Agreement, including a
lock-up period that restricts the transfer of securities issued pursuant to the Forward Purchase Agreement and registration rights granted thereto, an aggregate of 2,500,000 shares of Common Stock plus
833,333 Warrants for an aggregate purchase price of $25,000,000 in cash in a private placement that will close immediately prior to the Business Combination, which such commitment Crescent Capital may assign, in whole or in part, to certain
transferees, including, but not limited to, its current or prospective limited partners.
Forward Purchasers means Crescent Capital and
any third-party transferees to which Crescent Capital has assigned or may assign, in whole or in part, its commitment under the Forward Purchase Agreement to purchase 2,500,000 shares of Common Stock plus 833,333 Warrants for an aggregate
purchase price of $25,000,000 in cash in a private placement that will close immediately prior to the Business Combination, such possible transferees, including, but not limited to, Crescent Capitals current or prospective limited partners.
FTC means the U.S. Federal Trade Commission.
U.S. GAAP means U.S. generally accepted accounting principles.
GDPR means the General Data Protection Regulation.
Golden Gate Capital means Golden Gate Capital Opportunity Fund, L.P., Golden Gate Capital Opportunity
Fund-A, L.P., GGCOF Third-Party Co-Invest, L.P., GGCOF Executive Co-Invest, L.P., GGCOF IRA
Co-Invest, L.P., GGC Administration, L.P and affiliates thereof.
Incentive Plan means the
LiveVox 2021 Equity Incentive Plan.
IPO means the Companys initial public offering, consummated on March 12, 2019, through
the sale of 25,000,000 Units at $10.00 per Unit.
LiveVox Stockholder or LiveVox TopCo means LiveVox TopCo, LLC, a
Delaware limited liability company and the sole stockholder of LiveVox Common Stock and preferred stock as of immediately prior to the effective time of the First Merger.
Lock-Up Shares means the total of 2,543,750 converted shares of Common Stock held by the SPAC
Sponsor and certain of our independent directors immediately following the closing of the Business Combination upon the automatic conversion of shares of Class F common stock of the Company, par value $0.0001 per share, which were placed in an
escrow account to be subject to release only if the price of Common Stock trading on Nasdaq or another national securities exceeds certain thresholds during the seven-year period following the closing of the Business Combination. Any of the Lock-Up Shares not released during such period will be forfeited and canceled for no consideration.
Merger
Agreement means the Agreement and Plan of Merger, dated as of January 13, 2021, by and among the Company, First Merger Sub, Second Merger Sub, LiveVox and GGC Services Holdco, Inc., a Delaware corporation, solely in its capacity as
the representative, agent and attorney-in-fact of the stockholders of LiveVox thereunder.
Mergers means the First Merger and the Second Merger, together.
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