Exhibit 10.18


 


Execution
Copy


 



Americas
Technology Acquisition Corp.

16400 Dallas Parkway #305

Dallas, TX 75248


 


November 22, 2022


 


	
    Sponsor:

    ATAC Limited Partnership

    16400 Dallas Parkway #305

    Dallas, TX 75248
	 


 


		Re:	Sponsor Forfeiture and Commitment Letter Agreement



 


Ladies and Gentlemen:


 


Reference is hereby made to
that certain Agreement and Plan of Merger, dated as of June 1, 2022 (as amended as of July 26, 2022, November 8, 2022 and
November 16, 2022, and as may be further amended or supplemented from time to time in accordance with the terms thereof, the “Merger
Agreement”), by and among Americas Technology Acquisition Corp., a Cayman Islands exempted company (together with its successors,
 “ATAC”), Rally Communitas Corp., a Delaware corporation (“Rally”), Americas Technology
Acquisition Holdings Inc., a Delaware corporation and a wholly-owned subsidiary of ATAC (“Pubco”), Americas
Technology Purchaser Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of Pubco (“Purchaser Merger Sub”),
Americas Technology Company Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of Pubco (“Company Merger
Sub” and together with Purchaser Merger Sub, the “Merger Subs”), Jorge E. Marcos, in the capacity
as the representative from and after the Effective Time (as defined below) of the stockholders of Pubco (other than the Rally Stockholders
and their successors and assignees) (the “Purchaser Representative”), and Numaan Akram, in the capacity as the
representative of the Rally Stockholders from and after the Effective Time (the “Seller Representative”) (all
of the transactions contemplated by the Merger Agreement, including the issuances of securities thereunder, the “Business
Combination”). Any capitalized terms used but not defined in this letter agreement (this “Agreement”)
will have the meanings ascribed thereto in the Merger Agreement.


 


In connection with the transactions
contemplated by the Merger Agreement, ATAC Limited Partnership, a Delaware limited partnership (the “Sponsor”),
has agreed to enter into this Agreement with ATAC relating to 2,875,000 Purchaser Ordinary Shares held by the Sponsor that were initially
purchased by the Sponsor in a private placement consummated by the Sponsor in connection with the IPO (the “Founder Shares”).
The transactions contemplated by this Agreement are contingent upon, and will be effective only upon, the consummation of the transactions
contemplated by the Merger Agreement (the “Business Combination” and the “BC Closing”). 





 






     


     



    

 


For good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Sponsor and ATAC hereby agree as follows:


 


		1.	Contingent upon the consummation of the Business Combination, the Sponsor shall, effective immediately
prior to the Effective Time: (a) surrender for cancellation and retirement by ATAC, for no consideration, 460,000 Founder Shares
(the “BC Forfeited Shares”) and (b) take any and all such actions as may be required for the amounts outstanding
under all promissory notes issued by ATAC to the Sponsor through the BC Closing Date to be cancelled and forgiven, without consideration.



  


		2.	The Sponsor hereby represents and warrants that, as of the date of this Agreement, the Sponsor owns and
holds of record all of the Founder Shares, which Founder Shares are, as of the date hereof, being held in escrow pursuant to the terms
of the Share Escrow Agreement (as amended from time to time, the “Share Escrow Agreement”), dated as of December 14,
2020, by and among ATAC, the Sponsor and Continental Stock Transfer & Trust Company, in its capacity as escrow agent thereunder
(the “Escrow Agent”).



 


		3.	In order to give effect to the forfeiture of the BC Forfeited Shares contemplated hereby at the Closing,
the Sponsor and ATAC hereby agree to instruct the Escrow Agent, contingent upon the occurrence of the BC Closing, to release the BC Forfeited
Shares from escrow in accordance with the terms of the Share Escrow Agreement, for cancellation by ATAC. 



 


		4.	This Agreement (including the Merger Agreement, to the extent incorporated herein) constitutes the entire
agreement and understanding of the parties hereto in respect of the subject matter hereof and supersedes all prior understandings, agreements,
or representations by or among the parties hereto, written or oral, to the extent they relate in any way to the subject matter hereof.
This Agreement may not be changed, amended, modified or waived as to any particular provision, except by a written instrument executed
by all parties hereto. No failure or delay by a party in exercising any right hereunder shall operate as a waiver thereof nor shall any
single or partial exercise thereof preclude any other or further exercise of any other right hereunder.



 


		5.	No party hereto may assign either this Agreement or any of its rights or obligations hereunder without
the prior written consent of the other parties. Any purported assignment in violation of this Section 5 shall be null and
void ab initio and of no force or effect. This Agreement shall be binding on the undersigned parties and their respective successors and
permitted assigns.



 






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		6.	This Agreement is expressly conditioned upon and subject to the consummation of the BC Closing. Solely
in the event that the BC Closing is not consummated, this Agreement shall be void and of no further force and effect and the Forfeited
Shares shall not be cancelled, and ATAC and the Sponsor shall direct the Escrow Agent to that effect. 



 


		7.	Any notice, consent or request to be given in connection with any of the terms or provisions of this Agreement
shall be in writing and shall be sent in the same manner as provided in Section 10.1 of the Merger Agreement, with any notice to
the Sponsor being to the same address as ATAC Representative therein.



 


		8.	This Agreement shall be construed,
interpreted and enforced in a manner consistent with the provisions of the Merger Agreement. The provisions set forth in Sections 10.4
through 10.8, 10.10, 10.12 and 10.14-10.16 of the Merger Agreement, as in effect as of the date hereof, are hereby incorporated by reference
into, and shall be deemed to apply to, this Agreement as if all references to the “Agreement” in such sections were instead
references to this Agreement, and the references therein to the “Parties” were instead to the parties to this Agreement.



 


		9.	This Agreement shall terminate at such time, if any, as the Merger Agreement is terminated in accordance
with its terms prior to the Closing, and upon such termination this Agreement shall be null and void and of no effect whatsoever, and
the parties hereto shall have no obligations under this Agreement.



 


{Remainder of Page Left Blank; Signature
Page Follows}


 






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Please indicate your agreement to the foregoing by signing in the space
provided below.


 


	 	ATAC:
	 	 
	 	AMERICAS TECHNOLOGY ACQUISITION CORP.
	 	 
	 	 
	 	By:	/s/ Jorge E. Marcos 
	 	 	Name: Jorge E. Marcos
	 	 	Title: Chief Executive Officer
	 	 
	 	 
	 	Pubco:
	 	 
	 	AMERICAS TECHNOLOGYACQUISITION HOLDINGS INC.
	 	 
	 	 
	 	By: 	/s/ Jorge E. Marcos 
	 	 	Name: Jorge E. Marcos
	 	 	Title: Chief Executive Officer



 






     


     



    

 


Accepted
and agreed, effective as of the date first set forth above:


 


Sponsor:


 


	ATAC LIMITED PARTNERSHIP	 
	 	 
	By: ATAC Holdings LLC, its General Partner	 
	 	 
	By:	/s/ Matthew Mathison	 
	 	Name: Matthew Matthison	 
	 	Title: Authorized Director