Exhibit 10.1

      

      

      March 18, 2021

      

      

      LDH Growth Corp I

      600 Brickell Avenue, Suite 2650

      Miami

      Florida 33138, United States

      

      

      Re:  Initial Public Offering

      

      

      Ladies and Gentlemen:

      

      

      This letter (this “Letter Agreement”) is being delivered to you in accordance with the Underwriting Agreement (the “Underwriting Agreement”) entered into by and among LDH Growth Corp I, a Cayman Islands exempted company (the “Company”), Citigroup Global Markets Inc., and JP Morgan Securities LLC (the “Underwriters”), relating to an
        underwritten initial public offering (the “Public Offering”) of 20,000,000 of the Company’s units (or 23,000,000 units that may be purchased if the
        Underwriters’ option to purchase additional units is exercised, the “Units”), each comprising of one of the Company’s Class A ordinary shares, par
        value $0.0001 per share (the “Ordinary Shares”), and one-fifth of one redeemable warrant (each whole warrant, a “Warrant”).  Each Warrant entitles the holder thereof to purchase one Ordinary Share at a price of $11.50 per share, subject to adjustment.  The Units will be sold in the Public
        Offering pursuant to a registration statement on Form S-1 and a prospectus (the “Prospectus”) filed by the Company with the U.S. Securities and
        Exchange Commission (the “Commission”).  Certain capitalized terms used herein are defined in paragraph 1 hereof.

      

      

      In order to induce the Company and the Underwriters to enter into the Underwriting Agreement and to proceed with the Public Offering and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, LDH
        Sponsor LLC (the “Sponsor”) and each of the undersigned (each, an “Insider” and, collectively, the “Insiders”) hereby agree with the Company as follows:

      

      

      1.          Definitions.  As used herein, (i) “Business

          Combination” shall mean a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities; (ii) “Forward Purchase Agreement’ shall mean that certain forward purchase agreement entered into between the Company and the Sponsor (the “Forward Purchaser”), pursuant to which the Forward Purchaser will purchase units for up to an aggregate purchase price of $50,000,000 with each unit
        consisting of one Ordinary Share and one-fifth of one Warrant to purchase one Ordinary Share at $11.50 per share, for a purchase price of $10.00 per Unit in a transaction to occur concurrently with the closing of the initial Business Combination;
        (iii) “Founder Shares” shall mean the 5,750,000 Class B ordinary shares of the Company, par value $0.0001 per share, outstanding prior to the
        consummation of the Public Offering and the Class A ordinary shares that will be issued upon the automatic conversion of the Class B ordinary shares at the time of our initial Business Combination or earlier at the option of the holders thereof;
        (iv) “Private Placement Warrants” shall mean the warrants to purchase Ordinary Shares of the Company that will be acquired by the Sponsor for an
        aggregate purchase price of $7,300,000 (or up to $7,900,000 if the Underwriters exercise their option to purchase additional units), or $1.50 per Warrant, in a private placement that shall close simultaneously with the consummation of the Public
        Offering (including Ordinary Shares issuable upon conversion thereof); (v) “Public Shareholders” shall mean the holders of Ordinary Shares included
        in the Units issued in the Public Offering; (vi) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public
        Offering; (vii) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the
        Private Placement Warrants shall be deposited; (viii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell,
        hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call
        equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other
        arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public
        announcement of any intention to effect any transaction specified in clause (a) or (b); and (ix) “Charter” shall mean the Company’s Amended and
        Restated Memorandum and Articles of Association, as the same may be amended from time to time.

      

      

      
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      2.          Representation and Warranties.

      

      

      (a)          The Sponsor and each Insider, with respect to itself, herself or himself, represent and warrant to the Company that it, she or he has the full right and power,
          without violating any agreement to which it, she or he is bound (including, without limitation, any non-competition or non-solicitation agreement with any employer or former employer), to enter into this Letter Agreement, as applicable, and to
          serve as an officer of the Company and/or a director on the Company’s Board of Directors (the “Board”), as applicable, and each
          Insider hereby consents to being named in the Prospectus, road show and any other materials as an officer and/or director of the Company, as applicable.

      

      

      (b)          Each Insider represents and warrants, with respect to itself, herself or himself, that such Insider’s biographical information furnished to the Company (including
          any such information included in the Prospectus) is true and accurate in all material respects and does not omit any material information with respect to such Insider’s background.  The Insider’s questionnaire furnished to the Company is true and
          accurate in all material respects.  Each Insider represents and warrants that such Insider is not subject to or a respondent in any legal action for any injunction, cease-and-desist order or order or stipulation to desist or refrain from any act
          or practice relating to the offering of securities in any jurisdiction; such Insider has never been convicted of, or pleaded guilty to, any crime (i) involving fraud, (ii) relating to any financial transaction or handling of funds of another
          person, or (iii) pertaining to any dealings in any securities and such Insider is not currently a defendant in any such criminal proceeding; and such Insider has never been suspended or expelled from membership in any securities or commodities
          exchange or association or had a securities or commodities license or registration denied, suspended or revoked.

      

      

      3.          Business Combination Vote.  It is acknowledged and agreed that the Company shall not
          enter into a definitive agreement regarding a proposed Business Combination without the prior consent of the Sponsor.  The Sponsor and each Insider, with respect to itself or herself or himself, agrees that if the Company seeks shareholder
          approval of a proposed initial Business Combination, then in connection with such proposed initial Business Combination, it, she or he, as applicable, shall vote all Founder Shares and any Public Shares held by it, her or him, as applicable, in
          favor of such proposed initial Business Combination (including any proposals recommended by the Board in connection with such Business Combination) and not redeem any Public Shares held by it, her or him, as applicable, in connection with such
          shareholder approval.

      

      

      4.          Failure to Consummate a Business Combination:  Trust Account Waiver.

      

      

      (a)          The Sponsor and each Insider hereby agree, with respect to itself, herself or himself, that in the event that the Company fails to consummate its initial Business
          Combination within the time period set forth in the Charter, the Sponsor and each Insider shall take all reasonable steps to cause the Company to (i) cease all operations except for the purpose of winding up; (ii) as promptly as reasonably
          possible but not more than 10 business days thereafter, redeem 100% of the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in
          the Trust Account and not previously released to the Company to pay income taxes (less up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Public Shares, which redemption will completely extinguish
          Public Shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any); and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining
          shareholders and the Board, liquidate and dissolve, subject in the case of clauses (ii) and (iii) to the Company’s obligations under Cayman Islands law to provide for claims of creditors and in all cases subject to the other requirements of
          applicable law.  The Sponsor and each Insider agree not to propose any amendment to the Charter (i) that would modify the substance or timing of the Company’s obligation to provide holders of the Public Shares the right to have their shares
          redeemed in connection with an initial Business Combination or to redeem 100% of the Public Shares if the Company does not complete an initial Business Combination within the required time period set forth in the Charter or (ii) with respect to
          any provision relating to the rights of holders of Public Shares, unless the Company provides its Public Shareholders with the opportunity to redeem their Public Shares upon approval of any such amendment at a per-share price, payable in cash,
          equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to pay taxes, if any, divided by the number of then outstanding Public
          Shares.

      

      

      
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      (b)          The Sponsor and each Insider, with respect to itself, herself or himself, acknowledges that it, she or he has no right, title, interest or claim of any kind in or to
          any monies held in the Trust Account or any other asset of the Company as a result of any liquidation of the Company with respect to the Founder Shares held by it, her or him, if any.  The Sponsor and each of the Insiders hereby further waive,
          with respect to any Founder Shares and Public Shares held by it, her or him, as applicable, any redemption rights it, she or he may have in connection with the consummation of a Business Combination, including, without limitation, any such rights
          available in the context of a shareholder vote to approve such Business Combination or a shareholder vote to approve an amendment to the Charter (i) that would modify the substance or timing of the Company’s obligation to provide holders of the
          Public Shares the right to have their shares redeemed in connection with an initial Business Combination or to redeem 100% of the Public Shares if the Company has not consummated an initial Business Combination within the time period set forth in
          the Charter or (ii) with respect to any provision relating to the rights of holders of Public Shares (although the Sponsor and the Insiders shall be entitled to liquidation rights with respect to any Public Shares they hold if the Company fails
          to consummate a Business Combination within the required time period set forth in the Charter).

      

      

      5.          Lock-up:  Transfer Restrictions.

      

      

      (a)          The Sponsor and the Insiders agree that they shall not Transfer any Founder Shares (the “Founder

          Shares Lock-up”) until the earliest of (A) one year after the completion of an initial Business Combination and (B) the date following the completion of an initial Business Combination on which the Company
          completes a liquidation, merger, share exchange or other similar transaction that results in all of the Company’s shareholders having the right to exchange their Ordinary Shares for cash, securities or other property (the “Founder Shares Lock-up Period”).  Notwithstanding the foregoing, if, subsequent to a Business Combination, the last reported sale price of the
          Ordinary Shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period commencing at least 150 days
          after the Company’s initial Business Combination, the Founder Shares shall be released from the Founder Shares Lock-up.

      

      

      (b)          The Insiders agree that they shall not Transfer, without the prior written consent of each of the underwriters, any Units, Warrants or Ordinary Shares they purchased
          from the Public Offering for a period of 180 days after the date of the prospectus.

      

      

      (c)          The Sponsor and Insiders agree that they shall not effectuate any Transfer of Private Placement Warrants or Ordinary Shares underlying such warrants until 30 days
          after the completion of an initial Business Combination.

      

      

      (d)          Notwithstanding the provisions set forth in paragraphs 5(a) and (b),Transfers of the Founder Shares, Private Placement Warrants and Ordinary Shares underlying the Private Placement Warrants are permitted (a) to the Company’s officers or
          directors, any affiliate or family member of any of the Company’s officers or directors, any members or partners of the Sponsor or their affiliates, any affiliates of the Sponsor, or any employees of such affiliates; (b) in the case of an
          individual, by gift to a member of the individual’s immediate family or to a trust, the beneficiary of which is a member of the individual’s immediate family, an affiliate of such person or to a charitable organization; (c) in the case of an
          individual, by virtue of laws of descent and distribution upon death of the individual; (d) in the case of an individual, pursuant to a qualified domestic relations order; (e) by private sales or transfers made in connection with the consummation
          of a Business Combination at prices no greater than the price at which the Founder Shares, Private Placement Warrants or Ordinary Shares, as applicable, were originally purchased; (f) by virtue of the Sponsor’s organizational documents upon
          liquidation, winding up or dissolution of the Sponsor; (g) to the Company for no value for cancellation in connection with the consummation of an initial Business Combination, (h) in the event of the Company’s liquidation prior to the completion
          of a Business Combination; or (i) in the event of completion of a liquidation, merger, share exchange or other similar transaction which results in all of the Company’s Public Shareholders having the right to exchange their Ordinary Shares for
          cash, securities or other property subsequent to the completion of an initial Business Combination; provided, however, that in the case of clauses (a) through (f) these permitted transferees must enter into a written agreement agreeing to be bound by these transfer restrictions.

      

      

      
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      (e)          During the period commencing on the effective date of the Underwriting Agreement and ending 180 days after such date, the Sponsor and each Insider shall not, without
          the prior written consent of the Underwriters, Transfer any Units, Ordinary Shares, Warrants or any other securities convertible into, or exercisable or exchangeable for, Ordinary Shares held by it, her or him, as applicable, subject to certain
          exceptions enumerated in Section 5(e) of the Underwriting Agreement.

      

      

      6.          Remedies.  The Sponsor and each of the Insiders hereby agree and acknowledge that
          (i) each of the Underwriters and the Company would be irreparably injured in the event of a breach by the Sponsor or such Insider of its, her or his obligations, as applicable under paragraphs 3, 4, 5, 7, 10 and 11.  (ii) monetary damages may not
          be an adequate remedy for such breach and (iii) the non-breaching party shall be entitled to injunctive relief, in addition to any other remedy that such party may have in law or in equity, in the event of such breach.

      

      

      7.          Payments by the Company.  Except as disclosed in the Prospectus, neither the Sponsor
          nor any affiliate of the Sponsor nor any director or officer of the Company nor any affiliate of the directors and officers shall receive from the Company any finder’s fee, reimbursement, consulting fee, monies in respect of any payment of a loan
          or other compensation prior to, or in connection with any services rendered in order to effectuate the consummation of the Company’s initial Business Combination (regardless of the type of transaction that it is).

      

      

      8.          Director and Officer Liability Insurance.  The Company will maintain an insurance
          policy or policies providing directors’ and officers’ liability insurance, and the Insiders shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the
          Company’s directors or officers.

      

      

      9.          Termination.  This Letter Agreement shall terminate on the earlierof (i) the
          expiration of the Founder Shares Lock-up Period and (ii) the liquidation of the Company.

      

      

      10.          Indemnification.  In the event of the liquidation of the Trust Account upon the
          failure of the Company to consummate its initial Business Combination within the time period set forth in the Charter, the Sponsor (the “Indemnitor”) agrees to indemnify and hold harmless the Company against any and all loss, liability, claim, damage and expense whatsoever
          (including, but not limited to, any and all legal or other expenses reasonably incurred in investigating, preparing or defending against any litigation, whether pending or threatened) to which the Company may become subject as a result of any
          claim by (i) any third party for services rendered or products sold to the Company (except for the Company’s independent auditors) or (ii) any prospective target business with which the Company has discussed entering into a transaction agreement
          (a “Target”) provided, however, that
          such indemnification of the Company by the Indemnitor (x) shall apply only to the extent necessary to ensure that such claims by a third party for services rendered or products sold to the Company or a Target do not reduce the amount of funds in
          the Trust Account to below the lesser of (i) $10.00 per Public Share and (ii) the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the Trust Account if less than $10.00 per Public Share due to
          reductions in the value of the trust assets, in each case net of interest that may be withdrawn to pay the Company’s tax obligations, (y) shall not apply to any claims by a third party or Target who executed a waiver of any and all rights to the
          monies held in the Trust Account (whether or not such waiver is enforceable) and (z) shall not apply to any claims under the Company’s indemnity of the Underwriters against certain liabilities, including liabilities under the Securities Act of
          1933, as amended.  The Indemnitor shall have the right to defend against any such claim with counsel of its choice reasonably satisfactory to the Company if, within 15 days following written receipt of notice of the claim to the Indemnitor, the
          Indemnitor notifies the Company in writing that it shall undertake such defense.

      

      

      
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      11.          Forfeiture of Founder Shares.  To the extent that the Underwriters do not exercise
          their option to purchase additional Units within 45 days from the date of the Prospectus in full (as further described in the Prospectus), the Sponsor agrees to automatically surrender to the Company for no consideration, for cancellation at no
          cost, an aggregate number of Founder Shares so that the number of Founder Shares will equal 20% of the sum of the total number of issued and outstanding Ordinary Shares after the Public Offering (excluding the number of Ordinary Shares be sold
          pursuant to the Forward Purchase Agreement).  The Sponsor and Insiders further agree that to the extent that the size of the Public Offering is increased or decreased, the Company will effect a share capitalization or a share repurchase, as
          applicable, with respect to the Founder Shares immediately prior to the consummation of the Public Offering in such amount as to maintain the number of Founder Shares at 20% of the sum of the total number of issued and outstanding Ordinary Shares
          at such time (excluding the number of Ordinary Shares to be sold pursuant to the Forward Purchase Agreement).

      

      

      12.          Entire Agreement.  This Letter Agreement 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 or the transactions contemplated hereby.  This Letter Agreement may not be changed, amended, modified or waived (other than to correct a typographical error) as to any particular provision, except by a written instrument
          executed by all parties hereto.

      

      

      13.          Assignment.  No party hereto may assign either this Letter Agreement or any of its
          rights, interests, or obligations hereunder without the prior written consent of the other parties.  Any purported assignment in violation of this paragraph shall be void and ineffectual and shall not operate to transfer or assign any interest or
          title to the purported assignee.  This Letter Agreement shall be binding on the Sponsor, each of the Insiders and each of their respective successors, heirs, personal representatives and assigns and permitted transferees.

      

      

      14.          Counterparts.  This Letter Agreement may be executed in any number of original or
          facsimile counterparts, and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

      

      

      15.          Effect of Headings.  The paragraph headings herein are for convenience only and are
          not part of this Letter Agreement and shall not affect the interpretation thereof.

      

      

      16.          Severability.  This Letter Agreement shall be deemed severable, and the invalidity
          or unenforceability of any term or provision hereof shall not affect the validity or enforceability of this Letter Agreement or of any other term or provision hereof.  Furthermore, in lieu of any such invalid or unenforceable term or provision,
          the parties hereto intend that there shall be added as a part of this Letter Agreement a provision as similar in terms to such invalid or unenforceable provision as may be possible and be valid and enforceable.

      

      

      
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      17.          Governing Law.  This Letter Agreement shall be governed by and construed and
          enforced in accordance with the laws of the State of New York, without giving effect to conflicts of law principles that would result in the application of the substantive laws of another jurisdiction.  The parties hereto (i) all agree that any
          action, proceeding, claim or dispute arising out of, or relating in any way to, this Letter Agreement shall be brought and enforced in the courts of New York City, in the State of New York, and irrevocably submit to such jurisdiction and venue,
          which jurisdiction and venue shall be exclusive, and (ii) waive any objection to such exclusive jurisdiction and venue or that such courts represent an inconvenient forum.

      

      

      18.          Notices.  Any notice, consent or request to be given in connection with any of the
          terms or provisions of this Letter Agreement shall be in writing and shall be sent by express mail or similar private courier service, by certified mail (return receipt requested), by hand delivery or facsimile transmission.

      

      

      [Signature Page Follows]

      

      

      
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      	 	Sincerely, 

            
	 	 
	 	
              LDH SPONSOR LLC

            
	 	
              By:

            	
              /s/ Christopher Cooper

            
	 	 	
              Name: Christopher Cooper

              Title: Manager

            


      

      

      	 	
              INSIDER

            
	 	
              By:

            	
              /s/ Marcelo Claure

            
	 	 	
              Name: Marcelo Claure

              Title: Chairman and Director

            


      

      

      	 	
              INSIDER

            
	 	
              By:

            	
              /s/ Michel Combes

            
	 	 	
              Name: Michel Combes

              Title: President and Director

            


      

      

      	 	
              INSIDER

            
	 	
              By:

            	
              /s/ Paulo Passoni

            
	 	 	
              Name: Paulo Passoni

              Title: Managing Partner

            


      

      

      	 	
              INSIDER

            
	 	
              By:

            	
              /s/ Mwashuma Nyatta

            
	 	 	
              Name: Mwashuma (Shu) Nyatta

              Title: Managing Partner

            


      

      

      [Signature Page to Letter Agreement]

      

      
        
          


      

      

      

      

      

      	 	
              INSIDER

            
	 	
              By:

            	
              /s/ Christopher Cooper

            
	 	 	
              Name: Christopher Cooper

              Title: Chief Financial Officer

            


      

      

      	 	
              INSIDER

            
	 	
              By:

            	
              /s/ Michelle C. Kerrick

            
	 	 	
              Name: Michelle C. Kerrick

              Title: Director

            


      

      

      	 	
              INSIDER

            
	 	
              By:

            	
              /s/ Annette Franqui

            
	 	 	
              Name: Annette Franqui

              Title: Director

            


      

      

      	 	
              INSIDER

            
	 	
              By:

            	
              /s/ Patricia Wexler

            
	 	 	
              Name: Patricia Wexler

              Title: Director

            


      

      

      

      

      Acknowledged and Agreed:

      

      

      

      

      	 	
              LDH GROWTH CORP I

            
	 	
              By:

            	
              /s/ Michel Combes

            
	 	 	
              Name: Michel Combes

              Title: President

            


      

      

      [Signature Page to Letter Agreement]