EX-10.17



 Exhibit 10.17 

March 20, 2015 
 Riverwood Capital Partners II
L.P. 
 Riverwood Capital Partners II (Parallel-B) L.P. 
 c/o
Riverwood Capital Management 
 70 Willow Road, Suite 100 

Menlo Park, California USA 94025 
  

	 	Re:	Management Rights 

 Gentlemen: 

This letter will confirm our agreement that pursuant to and effective as of the purchase of 180,081 Ordinary Shares of Netshoes (Cayman)
Limited, an exempted company formed under the laws of the Cayman Islands (“Company”), by Riverwood Capital Partners II L.P. and Riverwood Capital Partners II (Parallel-B) L.P. (collectively, the “Investor”), the
Investor shall be entitled to the following contractual management rights, in addition to any rights to non-public financial information, inspection rights and other rights specifically provided to all investors in the current financing: 

The Investor shall be entitled to consult with and advise management of the Company on significant business issues, including
management’s proposed annual operating plans, and management will meet with you regularly during each year at the Company’s facilities at mutually agreeable times for such consultation and advice and to review progress in achieving said
plans. 
 The Investor may examine the books and records of the Company and inspect its facilities and may request information at reasonable
times and intervals concerning the general status of the Company’s financial condition and operations, provided that access to highly confidential proprietary information and facilities need not be provided. 

If the Investor is not represented on the Company’s Board of Directors (the “Board”), the Company shall give a
representative of the Investor copies of all notices, minutes, consents and other material that the Company provides to its directors, except that the representative may be excluded from access to any material or meeting or portion thereof if the
Company believes, upon advice of counsel, that such exclusion is reasonably necessary to preserve the attorney-client privilege, to protect highly confidential proprietary information or for other similar reasons. Upon reasonable notice and at a
scheduled meeting of the Board or such other time, if any, as the Board may determine in its sole discretion, such representative may address the Board with respect to the Investor’s concerns regarding significant business issues facing the
Company. 
 The Investor agrees, and any representative of the Investor will agree, to hold in confidence and trust and not disclose any
confidential information provided to or learned by it in connection with its rights under this letter. 
 The rights described herein shall
terminate and be of no further force or effect upon (a) the consummation of the sale of the Company’s securities pursuant to a registration statement filed by the Company under the Securities Act of 1933, as amended, in connection with a
firm-commitment underwritten offering of its securities to the public or (b) the consummation of a merger or consolidation of the Company or other transaction whereby the Investor no longer owns any securities of the Company that is effected
(i) for independent business reasons unrelated to extinguishing such rights and (ii) for purposes other than (A) the reincorporation of the Company in a different state or (B) the formation of a holding company that will be owned
exclusively by the Company’s stockholders and will hold all of the outstanding shares of capital stock of the Company’s successor. The confidentiality provisions hereof will survive any such termination hereof for a 2-year term. 

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		 	 Very truly yours,
  

		 	NETSHOES (CAYMAN) LIMITED
			
		 	By:	 	/S/     MARCIO KUMRUIAN
		 	 Name:
	 	Marcio Kumruian
		 	 Title:
	 	Director
	  
 Address:    
	 	  
 Campbell Corporate Services Limited

Scotia Centre, P.O. Box 268
 Grand Cayman KY1-1104,
Cayman Islands



 AGREED AND ACCEPTED: 

RIVERWOOD CAPITAL PARTNERS II, L.P. 
  

			
	 By:
	 	Riverwood Capital II L.P.,
	 its
	 	General Partner
		 	
	 By:
	 	Riverwood Capital II G.P. Ltd.,
	 its
	 	General Partner

  

			
		
	By:	 	/S/    FRANCISCO ALVAREZ-DEMALDE
	 Name:
	 	 Francisco Alvarez-Demalde

	 Title:
	 	 Managing Director


 RIVERWOOD CAPITAL PARTNERS II 

(PARALLEL-B), L.P. 
  

			
	 By:
	 	Riverwood Capital II L.P.,
	 its
	 	General Partner
		 	
	 By:
	 	Riverwood Capital GP II Ltd.,
	 its
	 	General Partner

  

			
		
	By:	 	/S/    FRANCISCO ALVAREZ-DEMALDE
	 Name:
	 	 Francisco Alvarez-Demalde

	 Title:
	 	 Managing Director


 SIGNATURE PAGE TO NETSHOES (CAYMAN) LIMITED 

MANAGEMENT RIGHTS LETTER