The namespace declaration is important but must be adapted to your extension. The first namespace part is the vendor name, e.g. the name of your company. The second part is the extension key with the first letter uppercased. If your extension key contains an underscore, then the underscore is removed and the next character transformed to uppercase as well, e.g. the boostrap_package uses BootstrapPackage as the second namespace part.
You are free to use any valid class and method name in your extension. Only make sure that the third and fourth parameter of the connect() method call are named appropriately. Also, ensure that your class and method are neither abstract nor static so an instance can be created. Like said above, the key name of the extension that has been installed is given as first parameter to your method. For compatibility reasons, you should make that parameter optional by assigning a default value of null.
Tip: Use the given extension key name to filter for your one! The Extension Management service will inform your script about every extension that is installed, not only your own one. Otherwise, you would execute your script code for every installed extension and this may slow down the installation process depending on how much your code does.