EX-10.4





 Exhibit 10.4 

Execution Version 

MELI KASZEK PIONEER CORP 

78 SW 7th Street, Individual Office No. 06-117 

Miami, FL 33130 
 October 1,
2021 
 MELI Kaszek Pioneer Sponsor LLC 
 78 SW 7th Street,
Office No. 06-117 
 Miami, FL 33130 

Re: Administrative Services Agreement 

Ladies and Gentlemen: 
 This letter agreement
(this “Agreement”) by and among MELI Kaszek Pioneer Corp (the “Company”) and MELI Kaszek Pioneer Sponsor LLC (the “Sponsor”), dated as of the date hereof, will confirm our
agreement that, commencing on the date the securities of the Company are first listed on the Nasdaq Capital Market (the “Listing Date”), pursuant to a Registration Statement on Form S-1
and prospectus filed with the U.S. Securities and Exchange Commission (the “Registration Statement”), and continuing until the earlier of the consummation by the Company of an initial business combination or the
Company’s liquidation (in each case as described in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”): 

1. The Sponsor shall make available, or cause to be made available, to the Company, at 78 SW 7th Street, Office
No. 06-117, Miami, FL 33130 (or any successor location), office space and secretarial and administrative services as may be reasonably required by the Company. In exchange therefor, the Company shall pay
the Sponsor $10,000 per month, for up to 24 months (upon completion of the Company’s initial business combination, any portion of the amounts due that have not yet been paid will accelerate) on the Listing Date and continuing monthly thereafter
until the Termination Date; and 
 2. The Sponsor hereby irrevocably waives any and all right, title, interest, causes of action and claims
of any kind as a result of, or arising out of, this Agreement (each, a “Claim”) in or to, and any and all right to seek payment of any amounts due to it out of, the trust account established for the benefit of the public
shareholders of the Company and into which substantially all of the proceeds of the Company’s initial public offering will be deposited (the “Trust Account”), and hereby irrevocably waives any Claim it may have in the
future as a result of, or arising out of, this Agreement, which Claim would reduce, encumber or otherwise adversely affect the Trust Account or any monies or other assets in the Trust Account, and further agrees not to seek recourse, reimbursement,
payment or satisfaction of any Claim against the Trust Account or any monies or other assets in the Trust Account for any reason whatsoever. 

This Agreement constitutes the entire agreement and understanding of the parties hereto in respect of its subject matter 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 Agreement may not be amended, modified or waived as to any particular provision, except by a written instrument executed by the parties
hereto. 
 No party hereto may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior
written approval of the other party. 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 Agreement constitutes the entire relationship of the parties hereto, and any litigation
between the parties (whether grounded in contract, tort, statute, law or equity) shall be governed by, construed in accordance with, and interpreted pursuant to the laws of the State of New York. 

[Signature Page Follows] 

  
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	Very truly yours,
	
	MELI KASZEK PIONEER CORP
		
	By:	 	 /s/ Hernan Kazah

	Name:	 	Hernan Kazah
	Title:	 	Co-Chief Executive Officer


  

			
	AGREED AND ACCEPTED BY:
	
	MELI KASZEK PIONEER SPONSOR LLC
	
	By: Kaszek Venture Opportunity II, L.P., its Co-Managing Member
		
	By:	 	 /s/ Hernan Kazah

		 	Name: Hernan Kazah
		 	Title: Director of Kaszek Ventures
		 	Opportunity Partners II, Ltd., as general partner of Kaszek Ventures Opportunity
		 	Partners II, L.P., as general partner of
		 	Kaszek Ventures Opportunity II, L.P.
	
	By: MELI Capital Ventures LLC, its Co-Managing Member
		
	By:	 	 /s/ Pedro Arnt

		 	Name: Pedro Arnt
		 	Title: Manager

  

  
 [Signature Page to
Administrative Services Agreement]