Company: NKLR
Filing Date: 2025-09-03
Form Type: S-4/A
Source: 0001213900-25-084087
Chunk: 654

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-03
Form: S-4/A
Chunk 654
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 Title: Chief Executive Officer    |

Annex B-4 Annex C SPONSOR SUPPORT AGREEMENT April 21, 2025 GSR III Acquisition Corp. 5900 Balcones Drive, Suite 100 Austin, TX 78731 and Terra Innovatum s.r.l., an Italian Società a responsabilità limitata Via Matteo Trenta 117 Lucca, Italy Ladies and Gentlemen: Reference is made to that certain Business Combination Agreement, dated as of the date hereof (as it may be amended, restated or otherwise modified from time to time, the “ Business Combination Agreement ”) by and among GSR III Acquisition Corp., a Cayman Island exempted company (“ GSR III ”), and Terra Innovatum s.r.l., an Italian Società a responsabilità limitata (“ Terra OpCo ”), and such other parties that will sign joinders to the Business Combination Agreement in accordance with the Terra Pre-Closing Restructuring (as defined therein). This sponsor support agreement (“ Sponsor Agreement ”) is being entered into and delivered by GSR III, GSR III Sponsor LLC, a Delaware limited liability company (“ Sponsor ”), and Terra OpCo in connection with the transactions contemplated by the Business Combination Agreement. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Business Combination Agreement. In consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, GSR III, Sponsor and Terra OpCo agree that: 1. Conversion of Vesting Sponsor Shares . (a) GSR III Class B Ordinary Shares held by Sponsor shall be converted at the Closing, on a one-to -one basis, into PubCo Ordinary Shares, and 549,500 of those resulting PubCo Ordinary Shares shall be subject to the vesting conditions described below (the “ Vesting Sponsor Shares ”). The Vesting Sponsor Shares shall be subject to vesting or forfeiture and cancellation as follows: (i) if at any time during the First Conversion Period, (a) the PubCo Trading Price is greater than $12.00, or (b) the submittal and docketing of 75% (10 of 13) of the planned Pre-Application Topical Reports following the NEI Guidance, whichever occurs earlier, then 25% of the Vesting Sponsor Shares automatically and will immediately vest and no longer be subject to forfeiture and cancellation; (ii) if at any time during the First Conversion