Document:

EX-10.20

 Exhibit 10.20 

CONTRIBUTION AGREEMENT 

This Contribution Agreement (this “Agreement”) is entered into as of November 22, 2017, by and between Select Interior
Concepts, Inc., a Delaware corporation (“SIC”), and SIC Intermediate, Inc., a Delaware corporation (the “Intermediate”). The above parties are referred to herein collectively as the “Parties,” and
individually as a “Party.” 
 RECITALS: 

WHEREAS, Intermediate is the direct wholly-owned subsidiary of SIC; 

WHEREAS, SIC currently directly holds 8,132,176.67 Units (consisting of 5,839,606.31 Class A Units and 2,292,570.36 Class B Units)
of TCFI LARK LLC, a Delaware limited liability company (“RDS”), and 50,802,701.82 Units (consisting of 24,358,575.72 Class A Units, 2,715,995.13 Class B Units, 5,017,688.62 Class C Units, 15,605,824.01 Class E-1 Units, and 3,104,618.34 Class E-2 Units) of TCFI G&M LLC, a Delaware limited liability company (“ASG”) (all such Units collectively,
the “Directly-Held Units”), and the Directly-Held Units represent all of the equity interests in RDS and ASG directly held by SIC; 

WHEREAS, SIC desires to contribute to Intermediate, and Intermediate desires to accept the transfer from SIC of, all of the Directly-Held
Units, pursuant to the terms and conditions set forth in this Agreement. 
 AGREEMENT: 

NOW THEREFORE, in consideration of the mutual covenants and promises hereinafter set forth and for other good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged, the Parties do hereby agree as follows: 
 ARTICLE 1 

CONTRIBUTION OF DIRECTLY-HELD UNITS 

1.1. Contribution. 
 (a)
SIC hereby assigns, transfers, conveys and delivers to Intermediate, and Intermediate hereby accepts, all right, title and interest in and to, all of the Directly-Held Units. 

(b) SIC shall deliver the Directly-Held Units to Intermediate through executing and delivering such assignments, consents, and other transfer
documents and instruments as shall be necessary to evidence the assignment, transfer, conveyance and delivery of all of the Directly-Held Units to Intermediate. 

1.2. Effect of the Transactions. The Parties acknowledge and agree that following the consummation of the transactions contemplated
hereby (the “Transactions”), Intermediate will directly (and SIC will indirectly, through its direct ownership of Intermediate) hold all of the issued and outstanding equity interests in RDS and ASG. 

 ARTICLE 2 

COVENANTS 
 2.1. Further
Assurances. On the terms and subject to the conditions of this Agreement, each Party shall use commercially reasonable efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things necessary or desirable under
applicable laws and regulations to consummate the Transactions. 
 ARTICLE 3 

MISCELLANEOUS 
 3.1.
Entire Agreement and Waiver. This Agreement contains the entire agreement between the Parties and supersedes all prior and contemporaneous agreements, arrangements, negotiations and understandings between the Parties relating to the subject
matter hereof. There are no other agreements, understandings, statements, promises or inducements, oral or otherwise, contrary to the terms of this Agreement. No representations, warranties, covenants or conditions, express or implied, whether by
statute or otherwise, have been made by either Party. No waiver of any term, provision, or condition of this Agreement, whether by conduct or otherwise, in any one or more instances, shall be deemed to be, or shall constitute, a waiver of any other
provision hereof, whether or not similar, nor shall such waiver constitute a continuing waiver, and no waiver shall be binding unless executed in writing by the Party making the waiver. 

3.2. Amendment. No amendment or modification of this Agreement shall be binding unless made in a written instrument that specifically
refers to this Agreement and is signed by both Parties. 
 3.3. Section Headings. The section and other headings contained in this
Agreement are for reference purposes only and shall not affect the meaning or interpretation of any provisions of this Agreement. 
 3.4.
Severability. In the event that any term or provision of this Agreement shall be determined to be unenforceable, invalid or illegal in any respect, such unenforceability, invalidity or illegality shall not affect any other term or provision
hereof. 
 3.5. Governing Law. In all respects, including all matters of construction, validity and performance, this Agreement and
the obligations of each Party arising hereunder shall be governed by, construed and enforced in accordance with, the internal laws of the State of Delaware, without giving effect to any choice of law or conflict of law provision or rule (whether of
the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware. 

  
 2 

 3.6. Binding Effect. This Agreement shall be binding upon and inure to the benefit of the
Parties and their respective heirs, successors and permitted assigns. Nothing in this Agreement, whether express or implied, is intended to confer upon any person or entity other than the Parties, their successors and permitted assigns, any rights
or remedies under or by reason of this Agreement. 
 3.7. Assignment. This Agreement shall not be assignable or otherwise
transferable by either Party hereto without the prior written consent of the other Party. 
 3.8. Facsimile or PDF E-mail Signatures. The Parties agree that this Agreement shall be considered signed when the signature of a Party is delivered by PDF e-mail. Such PDF e-mail signature shall be treated in all respects as having the same effect as an original signature. 

3.9. Counterparts. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the document. 
 [Signature page follows] 

  
 3 

 IN WITNESS WHEREOF, the Parties have executed this Agreement with effect as of the date first
written above. 
  

			
	SELECT INTERIOR CONCEPTS, INC.
		
	By:	 	/s/ Tyrone Johnson
		 	Name: Tyrone Johnson
		 	Title: Chief Executive Officer

  

			
	SIC INTERMEDIATE, INC.
		
	By:	 	/s/ Tyrone Johnson
		 	Name: Tyrone Johnson
		 	Title: Chief Executive Officer

 [Signature page to Contribution Agreement]EX-10.21

 Exhibit 10.21 

REPURCHASE AGREEMENT 

This Repurchase Agreement (this “Agreement”) is entered into as of December 20, 2017, by and among the stockholders of
Select Interior Concepts, Inc., a Delaware corporation (the “Company”), listed on Schedule I hereto (each a “Seller,” and collectively, the “Sellers”), and the Company. The above parties are
referred to herein collectively as the “Parties,” and individually as a “Party.” 
 RECITALS: 

WHEREAS, each Seller currently holds shares of Class B common stock, par value $0.01 per share (“Class B Common Stock”) of
the Company, including the number of shares of Class B Common Stock that such Seller desires to sell to the Company hereunder, as set forth opposite such Seller’s name on Schedule I hereto (each Seller’s shares of Class B
Common Stock to be sold hereunder, his or its “Repurchase Shares”); and 
 WHEREAS, each Seller desires to sell and
transfer to the Company all of his or its respective Repurchase Shares, and the Company desires to purchase and acquire, all of such Seller’s right, title and interest in and to his or its respective Repurchase Shares, pursuant to the terms and
conditions set forth in this Agreement. 
 AGREEMENT: 

NOW THEREFORE, in consideration of the mutual covenants and promises hereinafter set forth and for other good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged, the Parties do hereby agree as follows: 
 ARTICLE 1 

SALE AND PURCHASE OF THE REPURCHASE SHARES 

1.1. Sale and Purchase of the Repurchase Shares. Subject to the terms and conditions of this Agreement, each Seller hereby sells,
transfers, conveys, assigns, and delivers to the Company, and the Company hereby purchases, acquires, and accepts, all right, title and interest in and to all of such Seller’s respective Repurchase Shares, as set forth on Schedule I
hereto. 
 1.2. Deliveries by the Parties. 

(a) Consideration; Delivery by the Company. Upon execution of this Agreement, as consideration for the sale, transfer, conveyance,
assignment and delivery of each Seller’s Repurchase Shares, the Company shall pay to such Seller the amount of cash set forth opposite such Seller’s name on Schedule I hereto, in immediately available funds by wire transfer to the
account designated by such Seller. 
 (b) Deliveries by the Seller. Each Seller shall deliver all of its respective Repurchase Shares
to the Company through executing and delivering such assignments, consents, and other transfer documents and instruments as shall be necessary in the reasonable judgment of the Company to evidence the assignment, transfer, conveyance and delivery of
such Repurchase Shares to the Company. 

 ARTICLE 2 

REPRESENTATIONS AND WARRANTIES 

2.1. Representations and Warranties of Each Seller. Each Seller, severally and not jointly, hereby represents and warrants to the
Company as follows: 
 (a) Such Seller has the full right, power and authority to execute and deliver this Agreement and to consummate the
transactions contemplated hereby (the “Transactions”), including the sale, transfer, conveyance, assignment and delivery of all of his or its respective Repurchase Shares. This Agreement has been duly and validly executed and
delivered by such Seller and constitutes his or its valid and binding agreement, enforceable against him or it in accordance with its terms. 

(b) Such Seller is in compliance in all material respects with all applicable federal, state and local laws, rules, and regulations applicable
to ownership of his or its respective Repurchase Shares. 
 (c) Such Seller has good and marketable title to his or its respective
Repurchase Shares, free and clear of any mortgages, pledges, liens, encumbrances, charges, security interests or restrictions on transfer (other than any restrictions set forth in the respective Lock-Up
Agreement entered into by such Seller for the benefit of FBR Capital Markets & Co. (“FBR”) (each Seller’s respective Lock-Up Agreement, his or its “Lock-Up Agreement”), which restrictions will be waived by FBR prior to the consummation of the Transactions). 

(d) Such Seller has not entered into any contracts or agreements granting to any person or entity any rights in respect of any of his or its
respective Repurchase Shares, other than (i) with the Company, and (ii) with respect to his or its respective Lock-Up Agreement. 

(e) The execution and delivery of this Agreement, and performance of the Transactions, by such Seller will not (i) conflict with,
violate, or constitute a breach or default (with or without notice or lapse of time, or both) or accelerate maturity or performance or give rise to a termination or consent right, under any contract or other instrument to which such Seller is a
party or which is applicable to such Seller or such Seller’s assets, (ii) violate any law applicable to such Seller, or (iii) require any filing or registration with, or the issuance of any permit or approval by, any person or entity.

 (f) Other than FBR waiving any applicable restrictions in his or its Lock-Up Agreement, such
Seller has obtained all requisite and necessary consents, approvals, or other assurances for him or it to enter into and deliver this Agreement and sell, transfer, convey, assign, and deliver all of his or its respective Repurchase Shares to the
Company. 
 (g) There is no litigation or action pending or, to such Seller’s knowledge after reasonable inquiry, threatened against
such Seller, brought by or against such Seller and affecting or relating to any of the Transactions. 

  
 2 

 2.2. Representations and Warranties of the Company. The Company hereby represents and
warrants to the Sellers as follows: 
 (a) The Company is a duly incorporated, validly existing corporation, in good standing under the laws
of the State of Delaware, with full corporate power and authority to own all of its property and assets and to carry on its business as it is now being conducted. 

(b) The Company has the full right, power and authority to execute and deliver this Agreement and to consummate the Transactions. This
Agreement has been duly and validly authorized, executed and delivered by the Company, and constitutes the valid and binding agreement of the Company, enforceable against the Company in accordance with its terms. 

(c) The Company is in compliance in all material respects with all applicable federal, state and local laws applicable to its business 

ARTICLE 3 
 INDEMNIFICATION

 3.1. Indemnification. 

(a) Each Seller, severally and not jointly, hereby agrees to save, defend, indemnify and hold harmless each of the Company and its past,
present and future partners, members, directors, officers, employees, representatives, trustors, trustees, beneficiaries, agents, attorneys, and affiliates, and the predecessors, successors, and assigns of each of the foregoing (the “Company
Indemnified Parties”), from and against any and all losses, damages, liabilities, claims, interest, awards, judgments, penalties, fees, costs and expenses (including reasonable attorneys’ or other professional fees, costs and other out-of-pocket expenses incurred in investigating, prosecuting, preparing or defending the foregoing) (collectively, “Losses”), asserted against, incurred,
sustained or suffered by any Company Indemnified Party as a result of, arising out of or relating to: (i) any breach of any representation, warranty or certification made by such Seller in this Agreement, and/or (ii) any breach or
nonfulfillment by such Seller of any agreement, covenant, or obligation of such Seller in this Agreement. 
 (b) The Company hereby agrees
to save, defend, indemnify and hold harmless each Seller, and his or its past, present and future partners, members, directors, officers, employees, representatives, trustors, trustees, beneficiaries, agents, attorneys, and affiliates, and the
predecessors, successors, and assigns of each of the foregoing (the “Seller Indemnified Parties”), from and against any and all Losses asserted against, incurred, sustained or suffered by such Seller Indemnified Party as a result
of, arising out of or relating to: (i) any breach of any representation, warranty or certification made by the Company in this Agreement, and/or (ii) any breach or nonfulfillment by the Company of any agreement, covenant, or obligation of
the Company in this Agreement. 
 ARTICLE 4 

MISCELLANEOUS 
 4.1.
Further Assurances. On the terms and subject to the conditions of this Agreement, each Party shall use commercially reasonable efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things necessary or
desirable under applicable laws and regulations to consummate the Transactions. 

  
 3 

 4.2. Entire Agreement and Waiver. This Agreement contains the entire agreement among the
Parties and supersedes all prior and contemporaneous agreements, arrangements, negotiations and understandings among the Parties relating to the subject matter hereof. There are no other agreements, understandings, statements, promises or
inducements, oral or otherwise, contrary to the terms of this Agreement. No representations, warranties, covenants or conditions, express or implied, whether by statute or otherwise, other than as set forth herein, have been made by any Party or any
Party’s affiliates or its or their advisors. No waiver of any term, provision, or condition of this Agreement, whether by conduct or otherwise, in any one or more instances, shall be deemed to be, or shall constitute, a waiver of any other
provision hereof, whether or not similar, nor shall such waiver constitute a continuing waiver, and no waiver shall be binding unless executed in writing by the Party making the waiver. 

4.3. Amendment. No amendment or modification of this Agreement shall be binding unless made in a written instrument that specifically
refers to this Agreement and is signed by all Parties. 
 4.4. Section Headings. The section and other headings contained in this
Agreement are for reference purposes only and shall not affect the meaning or interpretation of any provisions of this Agreement. 
 4.5.
Severability. In the event that any term or provision of this Agreement shall be determined to be unenforceable, invalid or illegal in any respect, such unenforceability, invalidity or illegality shall not affect any other term or provision
hereof. 
 4.6. Governing Law. In all respects, including all matters of construction, validity and performance, this Agreement and
the obligations of each Party arising hereunder shall be governed by, construed and enforced in accordance with, the internal laws of the State of Delaware, without giving effect to any choice of law or conflict of law provision or rule (whether of
the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware. 

4.7. Binding Effect. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective heirs,
successors and permitted assigns. Nothing in this Agreement, whether express or implied, is intended to confer upon any person or entity other than the Parties, their successors and permitted assigns, any rights or remedies under or by reason of
this Agreement. 
 4.8. Assignment. This Agreement shall not be assignable or otherwise transferable by any Party hereto without the
prior written consent of the other Parties. 
 4.9. Survival. All warranties, representations, indemnities, covenants and other
agreements of the Parties contained in this Agreement shall survive the completion of the Transactions and continue in full force and effect until thirty (30) days following the expiration of the applicable statutes of limitations (including
any extension thereto). 

  
 4 

 4.10. Facsimile or PDF E-mail Signatures. The
Parties agree that this Agreement shall be considered signed when the signature of a Party is delivered by facsimile transmission or PDF e-mail. Such facsimile or PDF
e-mail signature shall be treated in all respects as having the same effect as an original signature. 

4.11. Counterparts. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original, but all of
which together shall constitute one and the document. 
 [Signatures pages follow] 

  
 5 

 IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written.

  

			
	SELLERS:
	
	TRIVE CAPITAL FUND I LP,
	a Delaware limited partnership
		
	By:	 	Trive Capital Fund I GP LLC,
		 	its General Partner
		
	By:	 	Trive Capital Holdings, LLC,
		 	its Managing Member
		
	By:	 	/s/ Conner Searcy 
		 	Name: Conner Searcy
		 	Title: Managing Partner

  

			
	TRIVE CAPITAL FUND I (OFFSHORE) LP,
	a Cayman Islands exempted limited partnership
		
	By:	 	Trive Capital Fund I GP (Offshore) LLC,
		 	its General Partner
		
	By:	 	Trive Capital Fund I GP LLC,
		 	its Managing Member
		
	By:	 	Trive Capital Holdings, LLC,
		 	its Managing Member
		
	By:	 	/s/ Conner Searcy 
		 	Name: Conner Searcy
		 	Title: Managing Partner

  

			
	TRIVE AFFILIATED COINVESTORS I LP,
	a Delaware limited partnership
		
	By:	 	Trive Affiliated Coinvestors I GP LLC,
		 	its General Partner
		
	By:	 	Trive Capital Holdings, LLC,
		 	its Managing Member
		
	By:	 	/s/ Conner Searcy 
		 	Name: Conner Searcy
		 	Title: Managing Partner

 [Repurchase Agreement] 

 
	
	
	/s/ Jack Seiders 
	JACK SEIDERS

 [Repurchase Agreement] 

 
	
	
	/s/ Chad Seiders 
	CHAD SEIDERS

 [Repurchase Agreement] 

 
	
	
	/s/ Rick Seiders
	RICK SEIDERS

 [Repurchase Agreement] 

 
	
	
	/s/ James Gunckel
	JAMES GUNCKEL

 [Repurchase Agreement] 

 
			
	 THE SCHOLTEN FAMILY TRUST DTD 4/14/92,

a grantor trust formed under the laws of the State of California

		
	By:	 	/s/ Richard D. Scholten
		 	Name: Richard D. Scholten
		 	Title: Trustee

 [Repurchase Agreement] 

 
			
	COMPANY:
	
	SELECT INTERIOR CONCEPTS, INC.
		
	By:	 	/s/ Tyrone Johnson
		 	Name: Tyrone Johnson
		 	Title: Chief Executive Officer

 [Repurchase Agreement] 

 SCHEDULE I 

 

									
	 Seller
	  	Number of Shares of
Class B Common Stock
to be Repurchased by
the Company	 	  	Purchase Price to be
Paid to Such Seller	 
	 Trive Capital Fund I LP
	  	 	1,223,249	 	  	$	13,651,458.84	 
	 Trive Capital Fund I (Offshore) LP
	  	 	1,353,178	 	  	$	15,101,466.48	 
	 Trive Affiliated Coinvestors I LP
	  	 	111,980	 	  	$	1,249,696.80	 
	 Jack Seiders
	  	 	53,195	 	  	$	*	 
	 Chad Seiders
	  	 	53,195	 	  	$	*	 
	 Rick Seiders
	  	 	15,423	 	  	$	*	 
	 James Gunckel
	  	 	94,890	 	  	$	*	 
	 The Scholten Family Trust dtd 4/14/92
	  	 	94,890	 	  	$	*	 
		  	  
	  
	 	  	  
	  
	 
	 Total
	  	 	3,000,000	 	  	$	33,480,000.00	 

  

	*	Separately provided by the Company to such Seller 

  
 S-I

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